ABV
InactiveABV was declared bankrupt on 13-07-2023 (Tribunal de l’entreprise de Liège, division Liège); the bankruptcy was closed by liquidation by judgment of 06-01-2026, published in the Belgian State Gazette on 13-01-2026.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 30-08-2022, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
30 d late
2020
53 d late
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-841k▼ 44.2%
2020 · €-583k
2018: €11k
2019: €-451k
2020: €-583k
2018 → 2021
Working capital
€-350k
2020 · €289k
2018: €1.37M
2019: €960k
2020: €289k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€2.36M-€1.91M▼ 19.1%€1.32M▼ 30.6%€481k▼ 63.6%
Operating result€100k-€-345k€-451k▼ 30.7%€-768k▼ 70.4%
Net result€11k-€-451k€-583k▼ 29.5%€-841k▼ 44.2%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €768k in 2021 against €451k in 2020; the loss grows and 2021 has the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €2.30M
Fixed assets
€788k▼ 8.8%
Current assets
€1.52M▼ 41.0%
Equity and liabilities €2.71M
Equity
€481k▼ 63.6%
Debt
€2.23M▼ 2.7%
The debt ratio rises from 63.4% to 82.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-447k▼
2020 · €-124k
Cash flow
€-521k▼
2020 · €-257k
Solvency
17.8%▼
2020 · 36.6%
Current ratio
0.81▼
2020 · 1.13
Quick ratio
0.50▼
2020 · 0.79
Debt / equity
4.63▲
2020 · 0.00
ROE
-175.0%▼
2020 · -44.1%
ROA
-31.1%▼
2020 · -16.2%
Interest coverage
-7.33
Debt
€2.23M▼
2020 · €2.29M
Debt ≤ 1 year
€1.86M▼
2020 · €2.28M
Debt > 1 year
€361k▲
2020 · €0
Income taxes
€471▼
2020 · €1k
Staff costs
€1.13M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€3.61M€2.71M▼
Formation expenses20€177k€403k▲
Fixed assets21/28€864k€788k▼
Intangible fixed assets21€692k€718k▲
Tangible fixed assets22/27€172k€67k▼
Land and buildings22-€7k
Plant, machinery and equipment23-€13k
Furniture and vehicles24-€244
Other tangible fixed assets26-€47k
Financial fixed assets28-€4k
Current assets29/58€2.57M€1.52M▼
Stocks and contracts in progress3€769k€592k▼
Stocks30/36-€592k
Amounts receivable within one year40/41€1.52M€831k▼
Trade receivables40-€792k
Other amounts receivable41-€39k
Cash at bank and in hand54/58€3k€2k▼
Deferred charges and accrued income490/1-€90k
Equity and liabilities
Total equity and liabilities10/49€3.61M€2.71M▼
Equity10/15€1.32M€481k▼
Contributions10/11€2.62M€2.62M=
Capital10-€2.62M
Issued capital100-€2.62M
Reserves13€599€599=
Non-distributable reserves130/1-€599
Legal reserve130-€599
Profit (loss) carried forward14€-1.29M€-2.14M▼
Amounts payable17/49€2.29M€2.23M▼
Amounts payable after more than one year17€0€361k▲
Other amounts payable178/9-€361k
Amounts payable within one year42/48€2.28M€1.86M▼
Financial debts43-€288k
Credit institutions430/8-€288k
Trade debts44€564k€577k▲
Suppliers440/4-€577k
Advances received on contracts in progress46-€7k
Taxes, remuneration and social security45-€988k
Taxes450/3-€194k
Remuneration and social security454/9-€794k
Other amounts payable47/48-€5k
Income statement
Code20202021
Non-recurring operating income76A-€205k
Remuneration, social security and pensions62-€1.13M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€326k€321k▼
Other operating charges640/8-€28k
Operating charges capitalised as restructuring costs649-€-253k
Gross operating margin9900€1.11M€454k▼
Operating profit (loss)9901€-451k€-768k▼
Financial income75/76B-€3k
Recurring financial income75€3k€3k▼
Financial charges65/66B-€76k
Recurring financial charges65€114k€61k▼
Non-recurring financial charges66B-€15k
Profit (loss) for the period before taxes9903€-582k€-841k▼
Income taxes67/77€1k€471▼
Profit (loss) for the period9904€-583k€-841k▼
Profit (loss) for the period to be appropriated9905€-583k€-841k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-2.14M
Profit (loss) brought forward from the previous period14P-€-1.29M
Social balance
Average headcount (FTE)9087-21.1
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
13-01
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise de Liège, division Liège · ABV SA RUE GUILLAUME D’ORANGE SN, 4100 SERAING. déclarée le 13 juillet 2023 · event 06-01-2026
2023
19-07
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · ABV SA RUE GUILLAUME D’ORANGE SN, 4100 SERAING · event 13-07-2023
2022
03-11
Judicial reorganisation
Opening
Tribunal de l’entreprise de Liège · collectif · event 25-10-2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €-841k
Net result drops to €-841k, the lowest in the series.
22-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 53 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 18 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
08-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
10-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
14-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
18 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | LAURENT WINKIN RUE DES AUGUSTINS 32,
4000 LIEGE 1 |
13-07-2023 → present |
| Curator | EDOUARD FRANCK RUE DES AUGUSTINS 32, 4000 LIEGE 1- edouard.franck@henry-
mersch.be |
13-07-2023 → present |