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ABZAV

Active
Private limited companyfounded 20206 yrs activeKBO/BCE: BE 0753.549.646
Summary

The computed 12-month bankruptcy probability of ABZAV is 4.8% (elevated). The 2024 annual accounts show equity of €532,183 and a net result of €76,571. Its solvency ranks better than 78% of 26043 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

Score 2024
59 / 100
Fair
An elevated bankruptcy probability caps the score. A confirmed filing finding caps the score. Each of these causes sets the same score on its own. Every signal that weighs is under Signals.
Axes · tick = 2021
Profitability81▼-19
Solvency93▲+24
Growth52
Track record92
Bankruptcy probability, 12 months
4.8% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days only on tighter terms
Liquidity ample (current ratio 3.16 against 1.75 in 2021; short-term debt: 30% and cash: 12.5% of total assets), and 32.4% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-05-2026, 298 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
298 d late
2021
130 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 214 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

ABZAV was incorporated on 1 September 2020 as a Private limited company.1 Total assets rose from EUR 510,399 in 2021 to EUR 787,622 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€532,183▲ 135%
2021 · €226,917
Total assets
€787,622▲ 54.3%
2021 · €510,399
Net result
€76,571▼ 53.9%
2021 · €166,270
Working capital
€510,570▲ 141%
2021 · €211,719
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Available amounts per fiscal year
Line20212024
Operating result€218,908-€82,071-
Net result€166,270above the sector's middle half-€76,571above the sector's middle half-
Equity€226,917above the sector's middle half-€532,183above the sector's middle half-
Total assets€510,399above the sector's middle half-€787,622above the sector's middle half-
Debt€283,482-€255,439-
Working capital€211,719above the sector's middle half-€510,570above the sector's middle half-
Solvency44.5%within the sector's middle half-67.6%above the sector's middle half-
Current ratio1.75within the sector's middle half-3.16above the sector's middle half-
Return on assets (ROA)32.6%above the sector's middle half-9.7%within the sector's middle half-
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100,000€200,000Operating result 2021: €218,908€218,908Net result 2021: €166,270€166,270Operating result 2024: €82,071€82,071Net result 2024: €76,571€76,57120212024€0€100,000€200,000Operating result 2021: €218,908€219,000Net result 2021: €166,270€166,000Operating result 2024: €82,071€82,100Net result 2024: €76,571€76,60020212024
The operating result is €82,071 in 2024, compared with €218,908 in 2021. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2021 as the grey bar beneath
Assets €787,622
Fixed assets €41,093 ▲ 146%
Current assets €746,529 ▲ 51.2%
Equity and liabilities €787,622
Equity €532,183 ▲ 135%
Debt €255,439 ▼ 9.9%
Debt's share of the balance-sheet total falls from 55.5% to 32.4%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2021
EBITDA
€96,548▼
2021 · €222,211
Cash flow
€91,048▼
2021 · €169,573
Quick ratio
2.21▲
2021 · 0.87
Debt to equity
0.48▼
2021 · 1.25
ROE
14.4%▼
2021 · 73.3%
Interest coverage
27.45▼
2021 · 72.25
Debt ≤ 1 year
€235,958▼
2021 · €281,949
Debt > 1 year
€19,480
Income taxes
€23,170▼
2021 · €49,563
Staff costs
€82,024▲
2021 · €29,022
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,781 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 97% are still going.

  • Small
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.6% went bankrupt
2.7% stopped otherwise
97% still going

For this company itself Checked computes a higher bankruptcy probability: 4.8% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
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% 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 6,781 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 2021 · 49 lines
Balance sheet Code20212024
Assets
Total assets20/58€510,399€787,622▲
Fixed assets21/28€16,731€41,093▲
Tangible fixed assets22/27€16,731€41,093▲
Plant, machinery and equipment23€6,405€3,280▼
Furniture and vehicles24€5,087€488▼
Leasing and similar rights25-€31,454
Other tangible fixed assets26€5,240€5,871▲
Current assets29/58€493,668€746,529▲
Amounts receivable after more than one year29€50,000-
Other amounts receivable291€50,000-
Stocks and contracts in progress3€247,422€224,329▼
Stocks30/36€247,422€224,329▼
Amounts receivable within one year40/41€11,133€418,110▲
Trade receivables40€11,133€40,209▲
Other amounts receivable41-€377,900
Cash at bank and in hand54/58€183,213€98,287▼
Deferred charges and accrued income490/1€1,899€5,803▲
Equity and liabilities
Total equity and liabilities10/49€510,399€787,622▲
Equity10/15€226,917€532,183▲
Contributions10/11€20,000€20,000=
Profit (loss) carried forward14€206,917€512,183▲
Amounts payable17/49€283,482€255,439▼
Amounts payable after more than one year17-€19,480
Financial debts170/4-€19,480
Amounts payable within one year42/48€281,949€235,958▼
Current portion of amounts payable after more than one year42-€7,431
Trade debts44€139,611€106,652▼
Suppliers440/4€139,611€106,652▼
Taxes, remuneration and social security45€119,129€120,276▲
Taxes450/3€114,834€102,864▼
Remuneration and social security454/9€4,295€17,412▲
Other amounts payable47/48€23,209€1,600▼
Accrued charges and deferred income492/3€1,533-
Income statement Code20212024
Remuneration, social security and pensions62€29,022€82,024▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,303€14,477▲
Other operating charges640/8-€935
Non-recurring operating charges66A-€27
Gross operating margin9900€251,233€179,534▼
Operating profit (loss)9901€218,908€82,071▼
Financial income75/76B-€21,187
Recurring financial income75-€21,187
Financial charges65/66B€3,076€3,518▲
Recurring financial charges65€3,076€3,518▲
Profit (loss) for the period before taxes9903€215,832€99,740▼
Income taxes67/77€49,563€23,170▼
Profit (loss) for the period9904€166,270€76,571▼
Profit (loss) for the period to be appropriated9905€166,270€76,571▼
Appropriation of the result
Profit (loss) to be appropriated9906€206,917€512,183▲
Profit (loss) brought forward from the previous period14P€40,647€435,612▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212024Change
Remuneration, social security and pensions62€29,022€82,024-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,303€14,477-
Other operating charges640/8-€935-
Non-recurring operating charges66A-€27-
Gross operating margin9900€251,233€179,534-
Operating profit (loss)9901€218,908€82,071-
Financial income75/76B-€21,187-
Recurring financial income75-€21,187-
Financial charges65/66B€3,076€3,518-
Recurring financial charges65€3,076€3,518-
Profit (loss) for the period before taxes9903€215,832€99,740-
Income taxes67/77€49,563€23,170-
Profit (loss) for the period9904€166,270€76,571-
Profit (loss) for the period to be appropriated9905€166,270€76,571-
Line20212024Change
Assets
Total assets20/58€510,399€787,622-
Fixed assets21/28€16,731€41,093-
Tangible fixed assets22/27€16,731€41,093-
Plant, machinery and equipment23€6,405€3,280-
Furniture and vehicles24€5,087€488-
Leasing and similar rights25-€31,454-
Other tangible fixed assets26€5,240€5,871-
Current assets29/58€493,668€746,529-
Amounts receivable after more than one year29€50,000--
Other amounts receivable291€50,000--
Stocks and contracts in progress3€247,422€224,329-
Stocks30/36€247,422€224,329-
Amounts receivable within one year40/41€11,133€418,110-
Trade receivables40€11,133€40,209-
Other amounts receivable41-€377,900-
Cash at bank and in hand54/58€183,213€98,287-
Deferred charges and accrued income490/1€1,899€5,803-
Equity and liabilities
Total equity and liabilities10/49€510,399€787,622-
Equity10/15€226,917€532,183-
Contributions10/11€20,000€20,000-
Profit (loss) carried forward14€206,917€512,183-
Amounts payable17/49€283,482€255,439-
Amounts payable after more than one year17-€19,480-
Financial debts170/4-€19,480-
Amounts payable within one year42/48€281,949€235,958-
Current portion of amounts payable after more than one year42-€7,431-
Trade debts44€139,611€106,652-
Suppliers440/4€139,611€106,652-
Taxes, remuneration and social security45€119,129€120,276-
Taxes450/3€114,834€102,864-
Remuneration and social security454/9€4,295€17,412-
Other amounts payable47/48€23,209€1,600-
Accrued charges and deferred income492/3€1,533--
Line20212024Change
Profit (loss) for the period9904€166,270€76,571-
+ Depreciation and write-downs630€3,303€14,477-
Operating cash flow (approximation)€169,573€91,048-

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

2026
25-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 298 days late
20-04
KBO administration Address struck
event 05-04-2026
2024
31-12
Financial Equity above €500,000Eq €532,183 ▲135%
2 profitable years in a row build equity to €532,183.
2022
08-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 130 days late
SignalFinancial 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, Orp-Jauche · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
4,085 m²
Building footprint
1,341 m²
Volume, LiDAR
7,587 m³
2 parcels, Flanders, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ABZAV
Leuvensesteenweg 384, 1932 ZaventemWholesale trade
since 20202.306.676.826
2 parcels
Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
23078A0356/00K000 Flanders 3,544 m² 1 · 1,252 m² 8.6 m · 2 fl.
25046A0309/00D000 Wallonia 542 m² 1 · 89 m² 8.6 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 1,312 companies in sector 47639 we hold annual accounts for 624. 411 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
Founded01-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
47639Retail sale of other sporting goods
82990Other business support services
93299Other amusement and recreation activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0753549646
Registered 29-12-2025

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

Register as of 29 September 2026 · Peppol Directory

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