ACABAYO
ActiveACABAYO has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-41k) and a net result of €-108k. Equity is shrinking by ~47.9% per year across the filed fiscal years. Its solvency ranks better than 12% of 3941 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
27
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-77
Solvency1▼-59
Growth32▼-26
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.78 against 1.43 in 2023; short-term debt: 123.9% and cash: 4.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
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 dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-23.9%
Return on assets
-63.5%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year €-41k
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 27-06-2025, 34 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
1 d late
2022
38 d early
2021
23 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-41k
2023 · €67k
2021: €75k
2022: €55k
2023: €67k
2021 → 2024
Total assets
€170k▼ 11.8%
2023 · €192k
2021: €142k
2022: €162k
2023: €192k
2021 → 2024
Net result
€-108k
2023 · €12k
2021: €5k
2022: €-20k
2023: €12k
2021 → 2024
Working capital
€-47k
2023 · €54k
2021: €73k
2022: €35k
2023: €54k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€75k-€55k▼ 26.8%€67k▲ 22.5%€-41k
Operating result€7k-€-20k€12k€-108k
Net result€5k-€-20k€12k€-108k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €108k after €12k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €170k
Fixed assets
€6k▼ 54.2%
Current assets
€163k▼ 8.6%
Key figures and ratios
EBITDA
€-100k▼
2023 · €20k
Cash flow
€-100k▼
2023 · €20k
Solvency
-23.9%▼
2023 · 34.9%
Current ratio
0.78▼
2023 · 1.43
Quick ratio
0.15▼
2023 · 0.38
Debt / equity
-5.18▼
2023 · 1.86
ROA
-63.5%▼
2023 · 6.4%
Interest coverage
-689.05▼
2023 · 157.88
Debt
€210k▲
2023 · €125k
Debt ≤ 1 year
€210k▲
2023 · €125k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€192k€170k▼
Fixed assets21/28€14k€6k▼
Tangible fixed assets22/27€14k€6k▼
Furniture and vehicles24€14k€6k▼
Current assets29/58€179k€163k▼
Stocks and contracts in progress3€131k€131k=
Stocks30/36€131k€131k=
Amounts receivable within one year40/41€10k€4k▼
Trade receivables40€2k€997▼
Other amounts receivable41€8k€3k▼
Cash at bank and in hand54/58€12k€7k▼
Deferred charges and accrued income490/1€26k€21k▼
Equity and liabilities
Total equity and liabilities10/49€192k€170k▼
Equity10/15€67k€-41k▼
Contributions10/11€70k€70k=
Profit (loss) carried forward14€-3k€-111k▼
Amounts payable17/49€125k€210k▲
Amounts payable within one year42/48€125k€210k▲
Trade debts44€278€5k▲
Suppliers440/4€278€5k▲
Other amounts payable47/48€125k€205k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€7k▼
Other operating charges640/8€568€1k▲
Gross operating margin9900€21k€-99k▼
Operating profit (loss)9901€12k€-108k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€127€145▲
Recurring financial charges65€127€145▲
Profit (loss) for the period before taxes9903€12k€-108k▼
Profit (loss) for the period9904€12k€-108k▼
Profit (loss) for the period to be appropriated9905€12k€-108k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-111k▼
Profit (loss) brought forward from the previous period14P€-15k€-3k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-108k ▼974%
Net result drops to €-108k, the lowest in the series.
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Crisnée · 1 establishment unit since 2021
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.
Rue de Favray 584367 CrisnéeGround area
1,366 m²
Building footprint
93 m²
Volume, LiDAR
859 m³
Parcel 64021A0579/00T000, Wallonia · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ACABAYO
since 20212.313.722.588
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64021A0579/00T000 | Wallonia | 1,366 m² | 1 · 93 m² | 11.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,957 companies in sector 01430 we hold annual accounts for 743. 550 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-02-2021
Fiscal year end31-12
Activities, NACEBEL
01430Raising of horses and other equines
93127Equestrian clubs
93129Activities of other sports clubs
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:Fred.jonnart@gmail.com