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ABYDOS

Active
Private limited companyfounded 199531 yrs activeFabriekweg(EER) 61, 8480 Ichtegem, BelgiumKBO/BCE: BE 0454.605.544
Summary

ABYDOS has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €248,496 and a net result of €13,204. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 56% of 9086 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability72▲+2
Solvency75▲+14
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18,000 at 30 days acceptable
Liquidity ample (current ratio 1.52 against 1.29 in 2023; short-term debt: 36.2% and cash: 10.6% of total assets), but 50.2% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 31 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2024 was due by 30-06-2025 and was filed on 27-06-2025, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
3 d early
2023
38 d early
2022
46 d early
2021
84 d early
2020
42 d early
2019
50 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 44 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ABYDOS was incorporated on 27 February 1995.1 Total assets fell from EUR 731,064 in 2018 to EUR 499,458 in 2024 and headcount from 1 full-time equivalents in 2018 to 1 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2023 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€248,496▲ 5.6%
2023 · €235,292
Total assets
€499,458▼ 23.8%
2023 · €655,849
Net result
€13,204▲ 9.5%
2023 · €12,054
Working capital
€93,294▲ 6.2%
2023 · €87,886
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€75,070▲ 233%€40,934▼ 45.5%€27,088▼ 33.8%€30,488▲ 12.6%€29,654▼ 2.7%
Net result€43,670within the sector's middle half▲ 4,970%€20,085within the sector's middle half▼ 54.0%€14,071within the sector's middle half▼ 29.9%€12,054within the sector's middle half▼ 14.3%€13,204within the sector's middle half▲ 9.5%
Equity€189,081within the sector's middle half▲ 30.0%€209,166within the sector's middle half▲ 10.6%€223,237within the sector's middle half▲ 6.7%€235,292within the sector's middle half▲ 5.4%€248,496within the sector's middle half▲ 5.6%
Total assets€1.3mwithin the sector's middle half▲ 135%€613,442within the sector's middle half▼ 54.5%€733,297within the sector's middle half▲ 19.5%€655,849within the sector's middle half▼ 10.6%€499,458below the sector's middle half▼ 23.8%
Debt€1.2m▲ 170%€404,276▼ 65.1%€510,060▲ 26.2%€420,557▼ 17.5%€250,962▼ 40.3%
Working capital€28,187below the sector's middle half-€28,066below the sector's middle half€70,125within the sector's middle half€87,886within the sector's middle half▲ 25.3%€93,294within the sector's middle half▲ 6.2%
Solvency14.0%below the sector's middle half▼ 11.3pp34.1%within the sector's middle half▲ 20.1pp30.4%within the sector's middle half▼ 3.7pp35.9%within the sector's middle half▲ 5.4pp49.8%within the sector's middle half▲ 13.9pp
Current ratio1.03below the sector's middle half▲ 0.410.90below the sector's middle half▼ 0.131.20within the sector's middle half▲ 0.301.29within the sector's middle half▲ 0.091.52within the sector's middle half▲ 0.22
Return on assets (ROA)3.2%within the sector's middle half▲ 3.1pp3.3%within the sector's middle half=1.9%within the sector's middle half▼ 1.4pp1.8%within the sector's middle half▼ 0.1pp2.6%within the sector's middle half▲ 0.8pp
Staff (FTE)1below the sector's middle half=1below the sector's middle half=1below the sector's middle half=1within the sector's middle half=0below the sector's middle half▼ 100%
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000€80,000Operating result 2020: €75,070€75,070Net result 2020: €43,670€43,670Operating result 2021: €40,934€40,934Net result 2021: €20,085€20,085Operating result 2022: €27,088€27,088Net result 2022: €14,071€14,071Operating result 2023: €30,488€30,488Net result 2023: €12,054€12,054Operating result 2024: €29,654€29,654Net result 2024: €13,204€13,20420202021202220232024€0€10,000€20,000€30,000Operating result 2022: €27,088€27,100Net result 2022: €14,071€14,100Operating result 2023: €30,488€30,500Net result 2023: €12,054€12,100Operating result 2024: €29,654€29,700Net result 2024: €13,204€13,200202220232024
The operating result falls in 2024; 2024 is 3% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €499,458
Fixed assets €225,343 ▼ 16.0%
Current assets €274,115 ▼ 29.3%
Equity and liabilities €499,458
Equity €248,496 ▲ 5.6%
Debt €250,962 ▼ 40.3%
Debt's share of the balance-sheet total falls from 64.1% to 50.2%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€79,410▼
2023 · €84,086
Cash flow
€62,959▼
2023 · €65,652
Quick ratio
1.42▲
2023 · 1.25
Debt to equity
1.01▼
2023 · 1.79
ROE
5.3%▲
2023 · 5.1%
Interest coverage
7.04▲
2023 · 5.89
Debt ≤ 1 year
€180,821▼
2023 · €299,722
Debt > 1 year
€70,141▼
2023 · €120,835
Income taxes
€6,170▲
2023 · €5,588
Staff costs
€62,015▲
2023 · €58,447
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 14,733 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 56 lines
Balance sheet Code20232024
Assets
Total assets20/58€655,849€499,458▼
Fixed assets21/28€268,241€225,343▼
Tangible fixed assets22/27€258,542€219,533▼
Land and buildings22€108,664€128,305▲
Plant, machinery and equipment23€124,101€86,118▼
Furniture and vehicles24€4,071€5,110▲
Assets under construction and advance payments27€21,706€0▼
Financial fixed assets28€9,700€5,810▼
Current assets29/58€387,608€274,115▼
Stocks and contracts in progress3€14,288€17,854▲
Stocks30/36€14,288€17,854▲
Amounts receivable within one year40/41€241,270€203,361▼
Trade receivables40€234,932€198,231▼
Other amounts receivable41€6,338€5,130▼
Cash at bank and in hand54/58€132,050€52,900▼
Equity and liabilities
Total equity and liabilities10/49€655,849€499,458▼
Equity10/15€235,292€248,496▲
Contributions10/11€80,000€80,000=
Reserves13€53,400€66,400▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€53,400€66,400▲
Profit (loss) carried forward14€101,892€102,096▲
Amounts payable17/49€420,557€250,962▼
Amounts payable after more than one year17€120,835€70,141▼
Financial debts170/4€120,835€70,141▼
Amounts payable within one year42/48€299,722€180,821▼
Current portion of amounts payable after more than one year42€29,663€16,454▼
Financial debts43€100,000€100,000=
Credit institutions430/8€100,000€100,000=
Trade debts44€131,086€208▼
Suppliers440/4€131,086€208▼
Taxes, remuneration and social security45€37,128€63,482▲
Taxes450/3€31,170€54,097▲
Remuneration and social security454/9€5,958€9,385▲
Other amounts payable47/48€1,844€678▼
Income statement Code20232024
Non-recurring operating income76A-€17,831
Remuneration, social security and pensions62€58,447€62,015▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53,598€49,756▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€4,104€3,485▼
Gross operating margin9900€146,637€144,909▼
Operating profit (loss)9901€30,488€29,654▼
Financial income75/76B€1,438€999▼
Recurring financial income75€1,438€999▼
Financial charges65/66B€14,283€11,279▼
Recurring financial charges65€14,283€11,279▼
Profit (loss) for the period before taxes9903€17,643€19,374▲
Income taxes67/77€5,588€6,170▲
Profit (loss) for the period9904€12,054€13,204▲
Profit (loss) for the period to be appropriated9905€12,054€13,204▲
Appropriation of the result
Profit (loss) to be appropriated9906€113,392€115,096▲
Profit (loss) brought forward from the previous period14P€101,337€101,892▲
Transfer to equity691/2€11,500€13,000▲
To other reserves6921€11,500€13,000▲
Social balance
Average headcount (FTE)90871.00.0▼

The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A----€17,831-
Remuneration, social security and pensions62-€56,076€53,717€58,447€62,015▲ 6.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62,234€45,305€53,210€53,598€49,756▼ 7.2%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€0€2,943€0--
Other operating charges640/8-€2,685€3,585€4,104€3,485▼ 15.1%
Non-recurring operating charges66A-€676€0---
Gross operating margin9900€167,485€145,675€140,543€146,637€144,909▼ 1.2%
Operating profit (loss)9901€75,070€40,934€27,088€30,488€29,654▼ 2.7%
Financial income75/76B-€405€2,252€1,438€999▼ 30.5%
Recurring financial income75€280€405€2,252€1,438€999▼ 30.5%
Financial charges65/66B-€10,092€8,425€14,283€11,279▼ 21.0%
Recurring financial charges65€13,282€10,092€8,425€14,283€11,279▼ 21.0%
Profit (loss) for the period before taxes9903€62,068€31,246€20,916€17,643€19,374▲ 9.8%
Income taxes67/77€18,398€11,161€6,845€5,588€6,170▲ 10.4%
Profit (loss) for the period9904€43,670€20,085€14,071€12,054€13,204▲ 9.5%
Profit (loss) for the period to be appropriated9905€43,670€20,085€14,071€12,054€13,204▲ 9.5%
Line20202021202220232024Change
Assets
Total assets20/58€1.3m€613,442€733,297€655,849€499,458▼ 23.8%
Fixed assets21/28€464,439€355,484€320,284€268,241€225,343▼ 16.0%
Tangible fixed assets22/27€437,470€333,185€314,474€258,542€219,533▼ 15.1%
Land and buildings22-€108,664€108,664€108,664€128,305▲ 18.1%
Plant, machinery and equipment23-€189,293€175,806€124,101€86,118▼ 30.6%
Furniture and vehicles24-€7,789€5,866€4,071€5,110▲ 25.5%
Assets under construction and advance payments27-€27,439€24,137€21,706€0▼ 100%
Financial fixed assets28€26,969€22,299€5,810€9,700€5,810▼ 40.1%
Current assets29/58€884,612€257,958€413,014€387,608€274,115▼ 29.3%
Stocks and contracts in progress3€16,795€16,690€13,973€14,288€17,854▲ 25.0%
Stocks30/36-€16,690€13,973€14,288€17,854▲ 25.0%
Amounts receivable within one year40/41€549,472€175,023€353,608€241,270€203,361▼ 15.7%
Trade receivables40-€150,732€290,903€234,932€198,231▼ 15.6%
Other amounts receivable41-€24,290€62,706€6,338€5,130▼ 19.1%
Cash at bank and in hand54/58€89,977€66,246€45,432€132,050€52,900▼ 59.9%
Deferred charges and accrued income490/1-€0----
Equity and liabilities
Total equity and liabilities10/49€1.3m€613,442€733,297€655,849€499,458▼ 23.8%
Equity10/15€189,081€209,166€223,237€235,292€248,496▲ 5.6%
Contributions10/11-€80,000€80,000€80,000€80,000=
Reserves13€8,000€28,000€41,900€53,400€66,400▲ 24.3%
Non-distributable reserves130/1-€8,000€8,000€0--
Reserves not available under the articles1311-€8,000€8,000€0--
Distributable reserves133-€20,000€33,900€53,400€66,400▲ 24.3%
Profit (loss) carried forward14€101,081€101,166€101,337€101,892€102,096▲ 0.2%
Amounts payable17/49€1.2m€404,276€510,060€420,557€250,962▼ 40.3%
Amounts payable after more than one year17€303,544€118,251€167,171€120,835€70,141▼ 42.0%
Financial debts170/4-€118,251€167,171€120,835€70,141▼ 42.0%
Amounts payable within one year42/48€856,426€286,025€342,889€299,722€180,821▼ 39.7%
Current portion of amounts payable after more than one year42-€180,078€140,413€29,663€16,454▼ 44.5%
Financial debts43---€100,000€100,000=
Credit institutions430/8---€100,000€100,000=
Trade debts44€267,602€52,584€86,082€131,086€208▼ 99.8%
Suppliers440/4-€52,584€86,082€131,086€208▼ 99.8%
Taxes, remuneration and social security45-€53,362€108,184€37,128€63,482▲ 71.0%
Taxes450/3-€47,368€102,021€31,170€54,097▲ 73.6%
Remuneration and social security454/9-€5,994€6,163€5,958€9,385▲ 57.5%
Other amounts payable47/48--€8,209€1,844€678▼ 63.2%
Line20202021202220232024Change
Profit (loss) for the period9904€43,670€20,085€14,071€12,054€13,204▲ 9.5%
+ Depreciation and write-downs630€62,234€45,305€53,210€53,598€49,756▼ 7.2%
Operating cash flow (approximation)€105,903€65,391€67,281€65,652€62,959▼ 4.1%
Investment in fixed assets (approximation)-€63,649-€18,010-€1,556-€6,857▼ 341%
Change in cash--€23,732-€20,813€86,617-€79,149▼ 191%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
27-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
23-05
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
15-05
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
07-04
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-11
Financial Equity above €200,000Eq €209,166 ▲10.6%
4 profitable years in a row build equity to €209,166.
19-05
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-11
Financial Highest result since 2018net €43,670 ▲4,970%
Operating result €75,070, net result €43,670, both a record.
30-11
Financial Equity above €150,000Eq €189,081 ▲30%
3 profitable years in a row build equity to €189,081.
11-05
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-11
Financial Weakest financial yearnet €861 ▼95.6%
Net result drops to €861, the lowest in the series; recovery starts the following year.
29-04
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-05
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-04
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
25-05
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 2 acts read
About the unread acts

We know of 2 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
2 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, Ichtegem · 1 establishment unit since 1995
seat establishment The establishment unit on the map
Ground area
3,155 m²
Building footprint
537 m²
Volume, LiDAR
3,208 m³
Parcel 35003C0182/00D000, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ABYDOS BVBA
Fabriekweg(EER) 61, 8480 IchtegemNACE 51476
since 19952.070.697.008
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35003C0182/00D000 Flanders 3,155 m² 1 · 537 m² 6.7 m · 2 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

Of 1,567 companies in sector 46900 we hold annual accounts for 920. 671 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
Founded27-02-1995
Fiscal year end30-11
Activities, NACEBEL 2025
46649Wholesale of other machinery and equipment
46900Non-specialised wholesale trade
01500Mixed farming
77394Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0454605544
Also 9925:BE0454605544
Registered 16-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.