ABVg
ActiveSummary
ABVg has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €379k and a net result of €3k. Equity is shrinking by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 19356 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability70▼-6
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 10.88 against 6.78 in 2023; short-term debt: 3.6% and cash: 30.7% of total assets), and 3.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
96.2%
Return on assets
0.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
43 d early
2022
41 d early
2021
47 d early
2020
39 d early
2019
39 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Financials · fiscal year 2024, micro schema
Equity
€379k▲ 0.9%
2023 · €376k
Total assets
€394k▲ 0.2%
2023 · €393k
Net result
€3k▼ 84.4%
2023 · €22k
Working capital
€141k▲ 43.4%
2023 · €99k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€3k▼ 8.4%€-42k€18k€22k▲ 26.8%€4k▼ 80.7%
Net result€-199€-61k▼ 30,820%€15k€22k▲ 41.9%€3k▼ 84.4%
Equity€435k=€339k▼ 22.2%€354k▲ 4.5%€376k▲ 6.1%€379k▲ 0.9%
Total assets€577k▼ 27.3%€395k▼ 31.5%€374k▼ 5.4%€393k▲ 5.3%€394k▲ 0.2%
Debt€142k▼ 60.4%€56k▼ 60.2%€20k▼ 65.0%€18k▼ 10.4%€15k▼ 15.6%
Working capital€83k▲ 76.2%€35k▼ 57.7%€85k▲ 142%€99k▲ 16.2%€141k▲ 43.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 81% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €394k
Fixed assets
€238k ▼ 14.2%
Current assets
€156k ▲ 34.6%
Equity and liabilities €394k
Equity
€379k ▲ 0.9%
Debt
€15k ▼ 15.6%
Debt's share of the balance-sheet total falls from 4.5% to 3.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€44k▼
2023 · €59k
Cash flow
€43k▼
2023 · €58k
Current ratio
10.88▲
2023 · 6.78
Debt to equity
0.04▼
2023 · 0.05
ROE
0.9%▼
2023 · 5.8%
ROA
0.9%▼
2023 · 5.5%
Interest coverage
86.83▼
2023 · 331.02
Debt ≤ 1 year
€14k▼
2023 · €17k
Income taxes
€390▲
2023 · €306
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €10k | €24k | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €55k | €55k | €37k | €36k | €39k | ▲ 8.3% |
| Other operating charges640/8 | - | €8k | €8k | €8k | €9k | ▲ 11.0% |
| Gross operating margin9900 | €66k | €21k | €63k | €66k | €52k | ▼ 21.1% |
| Operating profit (loss)9901 | €3k | €-42k | €18k | €22k | €4k | ▼ 80.7% |
| Financial income75/76B | - | €0 | €0 | €0 | €1 | ▲ 9,800% |
| Recurring financial income75 | - | €0 | €0 | €0 | €1 | ▲ 9,800% |
| Financial charges65/66B | - | €19k | €347 | €177 | €503 | ▲ 184% |
| Recurring financial charges65 | €943 | €19k | €347 | €177 | €503 | ▲ 184% |
| Profit (loss) for the period before taxes9903 | €2k | €-61k | €17k | €22k | €4k | ▼ 82.8% |
| Income taxes67/77 | €2k | €324 | €2k | €306 | €390 | ▲ 27.6% |
| Profit (loss) for the period9904 | €-199 | €-61k | €15k | €22k | €3k | ▼ 84.4% |
| Profit (loss) for the period to be appropriated9905 | €-199 | €-61k | €15k | €22k | €3k | ▼ 84.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €577k | €395k | €374k | €393k | €394k | ▲ 0.2% |
| Fixed assets21/28 | €359k | €304k | €270k | €278k | €238k | ▼ 14.2% |
| Tangible fixed assets22/27 | €359k | €304k | €270k | €278k | €238k | ▼ 14.2% |
| Land and buildings22 | - | €295k | €266k | €239k | €209k | ▼ 12.5% |
| Furniture and vehicles24 | - | €8k | €4k | €39k | €29k | ▼ 24.4% |
| Current assets29/58 | €218k | €92k | €104k | €116k | €156k | ▲ 34.6% |
| Amounts receivable within one year40/41 | €20k | €10k | €18k | €15k | €32k | ▲ 115% |
| Trade receivables40 | - | €10k | €18k | €15k | €32k | ▲ 115% |
| Cash at bank and in hand54/58 | €195k | €79k | €84k | €98k | €121k | ▲ 23.5% |
| Deferred charges and accrued income490/1 | - | €3k | €2k | €3k | €3k | ▲ 2.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €577k | €395k | €374k | €393k | €394k | ▲ 0.2% |
| Equity10/15 | €435k | €339k | €354k | €376k | €379k | ▲ 0.9% |
| Contributions10/11 | - | €36k | €36k | €36k | €36k | = |
| Reserves13 | €399k | €302k | €318k | €339k | €343k | ▲ 1.0% |
| Distributable reserves133 | - | €302k | €318k | €339k | €343k | ▲ 1.0% |
| Amounts payable17/49 | €142k | €56k | €20k | €18k | €15k | ▼ 15.6% |
| Amounts payable after more than one year17 | €7k | - | - | - | - | - |
| Amounts payable within one year42/48 | €135k | €56k | €19k | €17k | €14k | ▼ 16.2% |
| Current portion of amounts payable after more than one year42 | - | €7k | - | - | - | - |
| Trade debts44 | €833 | €9k | €12k | €11k | €7k | ▼ 39.9% |
| Suppliers440/4 | - | €9k | €12k | €11k | €7k | ▼ 39.9% |
| Taxes, remuneration and social security45 | - | €8k | €7k | €6k | €7k | ▲ 22.7% |
| Taxes450/3 | - | €8k | €7k | €6k | €7k | ▲ 22.7% |
| Other amounts payable47/48 | - | €33k | - | - | €267 | - |
| Accrued charges and deferred income492/3 | - | - | €600 | €600 | €600 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-199 | €-61k | €15k | €22k | €3k | ▼ 84.4% |
| + Depreciation and write-downs630 | €55k | €55k | €37k | €36k | €39k | ▲ 8.3% |
| Operating cash flow (approximation) | €55k | €-6k | €53k | €58k | €43k | ▼ 26.3% |
| Investment in fixed assets (approximation) | - | €0 | €-3k | €-44k | €0 | ▲ 100% |
| Change in cash | - | €-116k | €5k | €14k | €23k | ▲ 61.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €15k
Net result €15k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 5.44
Current ratio from 1.62 to 5.44; short-term debt falls from €56k to €19k.
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-61k
Net result drops to €-61k, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
06-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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
Registered office, Antwerpen · 1 establishment unit since 2009
Ground area
31 m²
Building footprint
31 m²
Volume, LiDAR
266 m³
Parcel 11807G0367/00M009, Flanders · tallest building 9.2 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
"ABVg"
since 20092.180.431.425
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G0367/00M009 | Flanders | 31 m² | 1 · 31 m² | 9.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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J.B. VAN LINTHOUT ET FILS
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Ukkel · Eq €378,383
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BE 0479.019.058
Gent · Eq €379,841
P.O.M.
BE 0442.331.579
Aalter · Eq €378,166
Of 9,143 companies in sector 68201 we hold annual accounts for 6,769. 5,042 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded21-08-2009
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Scores and ratios are computed by Checked and are not a credit decision.