ABVB
ActiveSummary
The computed 12-month bankruptcy probability of ABVB is 3.0% (moderate). The 2024 annual accounts show equity of €113,115 and a net result of €133,079. Equity is shrinking by about 35% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2025. Its solvency ranks better than 55% of 19,157 sector peers (NACE 68, financial year 2024). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €113,115
- Profit
- €133,079
- GODDEAU GeertDirector
- GODDEAU KoenraadDirector
Why 52raises risk1 financial year not filed after the legal deadline; last filed accounts filed 105 days late; 2 of the last 3 lateFigures for financial year 2024 (filed 13-11-2025)Liquidity: current ratio 1.61, cash €1,129lowers riskSector: Real estate activities (NACE 68)Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 55% on solvency, 15% on liquidity, 95% on profitability and 99% on growth.
The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 6 accounts on average 65 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Highest result from 2018 to 2024net €133,079 ▲30,116%
- Equity above €100,000equity €113,115
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 30 October 2026.
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
After the dip in 2021 the operating result has climbed three years in a row; 2024 is nearly 4.3 times 2023 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 34,693 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a higher bankruptcy probability: 3.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,693 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €738 | €1,416 | €28,348 | €6,533 | ▼ 77.0% |
| Gross operating margin9900 | €124,619 | €23,785 | €6,117 | -€10,827 | -€8,337 | €65,006 | €163,118 | ▲ 151% |
| Operating profit (loss)9901 | €123,403 | -€2,484 | €5,251 | -€11,565 | -€9,753 | €36,658 | €156,585 | ▲ 327% |
| Recurring financial income75 | €755 | - | - | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €15,116 | €24,405 | €36,218 | €2,244 | ▼ 93.8% |
| Recurring financial charges65 | €4,452 | €8,651 | €10,051 | €15,116 | €24,405 | €36,218 | €2,244 | ▼ 93.8% |
| Profit (loss) for the period before taxes9903 | €119,706 | -€11,135 | -€4,800 | -€26,681 | -€34,158 | €440 | €154,341 | ▲ 350× |
| Income taxes67/77 | €15,865 | - | - | - | - | - | €21,262 | - |
| Profit (loss) for the period9904 | €103,841 | -€11,135 | -€4,800 | -€26,681 | -€34,158 | €440 | €133,079 | ▲ 302× |
| Profit (loss) for the period to be appropriated9905 | €103,841 | -€11,135 | -€4,800 | -€26,681 | -€34,158 | €440 | €133,079 | ▲ 302× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €57,372 | €303,837 | €309,560 | €604,547 | €979,435 | €701,850 | €299,992 | ▼ 57.3% |
| Current assets29/58 | €57,372 | €303,837 | €309,560 | €604,547 | €979,435 | €701,850 | €299,992 | ▼ 57.3% |
| Stocks and contracts in progress3 | - | €283,652 | €295,904 | €544,789 | €875,952 | €627,975 | €247,140 | ▼ 60.6% |
| Contracts in progress37 | - | - | - | €544,789 | €875,952 | €627,975 | €247,140 | ▼ 60.6% |
| Amounts receivable within one year40/41 | €17,111 | €7,445 | €2,441 | €57,684 | €103,394 | €73,686 | €51,619 | ▼ 29.9% |
| Trade receivables40 | - | - | - | €44,176 | €84,713 | €53,369 | €48,543 | ▼ 9.0% |
| Other amounts receivable41 | - | - | - | €13,508 | €18,682 | €20,317 | €3,076 | ▼ 84.9% |
| Cash at bank and in hand54/58 | €40,261 | €12,664 | €11,136 | €28 | €1 | €89 | €1,129 | ▲ 13× |
| Deferred charges and accrued income490/1 | - | - | - | €2,047 | €89 | €100 | €104 | ▲ 4.8% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €57,372 | €303,837 | €309,560 | €604,547 | €979,435 | €701,850 | €299,992 | ▼ 57.3% |
| Equity10/15 | €56,369 | €45,235 | €40,435 | €13,754 | -€20,404 | -€19,963 | €113,115 | - |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €20,460 | €20,460 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | - | - | - |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - |
| Profit (loss) carried forward14 | €35,909 | €24,775 | €19,975 | -€6,706 | -€40,864 | -€40,423 | €92,655 | - |
| Amounts payable17/49 | €1,003 | €258,603 | €269,125 | €590,793 | €999,839 | €721,813 | €186,877 | ▼ 74.1% |
| Amounts payable after more than one year17 | - | €250,000 | €250,000 | €250,000 | €250,000 | €250,000 | - | - |
| Financial debts170/4 | - | - | - | €250,000 | €250,000 | €250,000 | - | - |
| Amounts payable within one year42/48 | €1,003 | - | €523 | €312,190 | €711,237 | €423,211 | €186,877 | ▼ 55.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €184,825 | €559,982 | €137,032 | - | - |
| Financial debts43 | - | - | - | €90,483 | €63,126 | - | - | - |
| Credit institutions430/8 | - | - | - | €90,483 | €63,126 | - | - | - |
| Trade debts44 | €1,003 | - | €523 | €4,882 | €63,493 | €115,522 | €125,215 | ▲ 8.4% |
| Suppliers440/4 | - | - | - | €4,882 | €63,493 | €115,522 | €125,215 | ▲ 8.4% |
| Taxes, remuneration and social security45 | - | - | - | - | €2,636 | €26,547 | €21,262 | ▼ 19.9% |
| Taxes450/3 | - | - | - | - | €2,636 | €26,547 | €21,262 | ▼ 19.9% |
| Other amounts payable47/48 | - | - | - | €32,000 | €22,000 | €144,110 | €40,400 | ▼ 72.0% |
| Accrued charges and deferred income492/3 | - | - | - | €28,603 | €38,603 | €48,603 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €103,841 | -€11,135 | -€4,800 | -€26,681 | -€34,158 | €440 | €133,079 | ▲ 302× |
| Operating cash flow (approximation) | €103,841 | -€11,135 | -€4,800 | -€26,681 | -€34,158 | €440 | €133,079 | ▲ 302× |
| Change in cash | - | -€27,596 | -€1,528 | -€11,109 | -€27 | €89 | €1,040 | ▲ 12× |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 13-11-2025 | 2025-00565907 |
| 31-12-2023 | micro format | 23-11-2024 | 2024-00603611 |
| 31-12-2022 | micro format | 29-08-2023 | 2023-00380484 |
| 31-12-2021 | micro format | 24-08-2022 | 2022-20311756 |
| 31-12-2020 | micro format | 26-08-2021 | 2021-54200240 |
| 31-12-2019 | micro format | 30-10-2020 | 2020-69000211 |
| 31-12-2018 | micro format | 29-07-2019 | 2019-39400592 |
| 31-12-2017 | abbreviated format | 08-08-2018 | 2018-44300477 |
| 31-12-2016 | abbreviated format | 30-08-2017 | 2017-56500434 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| GODDEAU Geert |
|
| GODDEAU Koenraad |
|
Owners and capital
Capital and shareholders
- 09-01-2024 Converted to unavailable equity · €18,600
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
09-01
Gazette deed
Resignations: GODDEAU Koenraad (manager) and GODDEAU Geert (manager)Reappointments: GODDEAU Koenraad (director) and GODDEAU Geert (director) · Board rule · Registered office clause12 facts ▸
- Director resignation, GODDEAU Koenraad (manager)
- Director resignation, GODDEAU Geert (manager)
- Board rule, 2
- Director reappointment, GODDEAU Koenraad (director (not named in the articles))
- Director reappointment, GODDEAU Geert (director (not named in the articles))
- Registered office clause, “1755 Gooik,Dorpsstraat 8” (deed in Dutch)
- Other provision, “website en e-mailadres” (deed in Dutch)
- General meeting, 19-12-2023
- Other provision, “aanpassing statuten en behoud rechtsvorm, statuten aanpassen aan bepalingen van het Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Amendment of the articles
- Capital
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0630.666.284
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23024B0120/00R000 | Flanders | 87 m² | 1 · 82 m² | 9.8 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Bouwen van particuliere- en bedrijfsgebouwen met sleutel op de deur-formule; Aannemer van metsel- en betonwerken; Aannemer tegelzetter…” (deed in Dutch)
32 activities (deed in Dutch)
- Bouwen van particuliere- en bedrijfsgebouwen met sleutel op de deur-formule
- Aannemer van metsel- en betonwerken
- Aannemer tegelzetter
- Aannemer voor het waterdicht maken van bouwwerken
- Aannemer van sloopwerken
- Aannemer schrijnwerker-timmerman
- Aannemer van zinkwerk en metalen dakbedekking van gebouwen
- Aannemer van niet-metalen dakbedekkingen van gebouwen
- Installateur in centrale verwarming
- Installateur sanitair-loodgieter
- Aannemer plafonneerder-cementwerker
- Elektrotechnisch installateur
- Aannemer van glaswerken
- Montage van buiten- en binnenschrijnwerk van metaal,hout of van kunststof:deuren,vensters,kozijnen,trappen,muurkasten,inbouwkeukens,winkelinrichtingen enz.
- De installatie van al dan niet verplaatsbare tussenwanden,de bekleding van wanden,plafonds,enz.in hout of kunststof
- De installatie van garagepoorten,luiken,zonneblinden,traliewerk,hekken,enz.,in metaal,hout of kunststof
- De montage van serres,veranda’s,enz.in metaal,hout of kunststof
- De installatie van geblindeerde deuren en brandwerende deuren in metaal,hout of kunststof
- Het plaatsen van ondervloeren en chapewerk
- De studie en de uitvoering van alle mogelijke particuliere en openbare bouwwerken,als algemene aannemer of in onderaanneming,het ontwerp en de bouw van alle mogelijke gebouwen en bouwsels,de studie en de uitvoering van binnen- en buitendecoraties
- Alle mogelijke verrichtingen die rechtstreeks of onrechtstreeks verband houden met het onderhoud,de renovatie,het herstel,de verfraaiing,de vernieuwing en de modernisering van alle soorten onroerende goederen en,algemeen genomen,alle verrichtingen die rechtstreeks of onrechtstreeks verband houden met openbare en particuliere bouwwerken
- Het verstrekken van advies en bijstand,zowel technisch als administratief en commercieel,aan alle vennootschappen en ondernemingen,voor alle mogelijke aangelegenheden m.b.t.de sector van de onroerende goederen
- Het verwerven van alle mogelijke terreinen,het bouwen van openbare en particuliere gebouwen,de aankoop,de verkoop,de verhuur,de verdeling en de verkaveling van alle mogelijke onroerende goederen
- Al de werkzaamheden m.b.t.de verdeling en de verkaveling van water,gas,elektriciteit,enzovoort
- De aankoop,de verkoop,de huur,de invoer en de uitvoer van alle mogelijke materialen,goederen,toestellen en materieel noodzakelijk voor de bouw,het onderhoud,het herstel en de vernieuwing van gebouwen
- De voorbereiding,de opstelling en het afsluiten zowel als mandataris als voor eigen rekening,van alle mogelijke overeenkomsten voor openbare of particuliere werken of voor leveringen en het uitvoeren van alle verrichtingen die daarmee verband houden.En algemeen genomen,alle commerciële,industriële,roerende,onroerende of financiële verrichtingen die rechtstreeks of onrechtstreeks verband houden met de nijverheid van de openbare en particulier werken
- De invoer en de uitvoer,de aankoop,de verkoop,de huur van alle mogelijke materialen,goederen,toestellen en materieel,noodzakelijk en/of nuttig voor de bouw,alsmede de plaatsing,het onderhoud,het herstel en de vernieuwing van alle mogelijke bouwwerken,voorwerpen,kunstwerken en/of constructies
- De vervaardiging,de aan- en verkoop,de import en export en de montage van schrijnwerk van zowel hout als metaal voor de bouwnijverheid
- Het aankopen en verkopen,de import en export van tuinmeubelen,alsook het aanleggen van tuinen
- Het promoten,inrichten en organiseren van trainingen,congressen,seminaries,sportevenementen,teambuildingsessies,feestelijkheden en soortgelijke evenementen aan organisaties uit de profit,social-profit en non-profit sectoren
- Het verrichten van alle activiteiten en het aanbieden van alle diensten in de sectoren voeding en horeca,evenals alle verwante en ondersteunende activiteiten en diensten
- Het aanbieden van consulting en advies m.b.t.de activiteiten die rechtstreeks of onrechtstreeks geheel of gedeeltelijk betrekking hebben op het voorwerp van de vennootschap
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ABVB
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, kan,bij enkel besluit van het bestuursorgaan,administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Algemene vergadering, onbezoldigd” (deed in Dutch)1 more provision on this in the deed
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Fourth Friday of May at 18:00