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ACABO

Active
Private limited companyfounded 201411 yrs activeMeerskant 30, 9270 Laarne, BelgiumKBO/BCE: BE 0507.615.450
Summary

ACABO has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €137,081 and a net result of €16,293. Equity is growing by ~19.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability82▼-11
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 9.93 against 9.83 in 2023; short-term debt: 10% and cash: 28.5% of total assets), and 10% 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
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 11 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
64 d late
2022
31 d late
2021
30 d late
2020
27 d late
2019
49 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 44 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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

ACABO was incorporated on 22 December 2014.1 Total assets rose from EUR 53,501 in 2018 to EUR 152,359 in 2024.2

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

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Financials · fiscal year 2024, abbreviated schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€137,081▲ 13.5%
2023 · €120,788
Total assets
€152,359▲ 13.4%
2023 · €134,310
Net result
€16,293▼ 37.6%
2023 · €26,114
Working capital
€136,450▲ 14.3%
2023 · €119,380
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€12,503=€19,809▲ 58.4%€26,857▲ 35.6%€38,698▲ 44.1%€20,945▼ 45.9%
Net result€9,390=€12,292▲ 30.9%€17,997▲ 46.4%€26,114▲ 45.1%€16,293▼ 37.6%
Equity€64,386▲ 12.3%€76,677▲ 19.1%€94,674▲ 23.5%€120,788▲ 27.6%€137,081▲ 13.5%
Total assets€71,786▲ 15.9%€84,244▲ 17.4%€103,237▲ 22.5%€134,310▲ 30.1%€152,359▲ 13.4%
Debt€7,400▲ 60.1%€7,567▲ 2.3%€8,563▲ 13.2%€13,522▲ 57.9%€15,278▲ 13.0%
Working capital€58,189▲ 18.6%€72,499▲ 24.6%€91,532▲ 26.3%€119,380▲ 30.4%€136,450▲ 14.3%
Staff (FTE)
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000€40,000Operating result 2020: €12,503€12,503Net result 2020: €9,390€9,390Operating result 2021: €19,809€19,809Net result 2021: €12,292€12,292Operating result 2022: €26,857€26,857Net result 2022: €17,997€17,997Operating result 2023: €38,698€38,698Net result 2023: €26,114€26,114Operating result 2024: €20,945€20,945Net result 2024: €16,293€16,29320202021202220232024€0€10,000€20,000€30,000€40,000Operating result 2022: €26,857€26,900Net result 2022: €17,997€18,000Operating result 2023: €38,698€38,700Net result 2023: €26,114€26,100Operating result 2024: €20,945€20,900Net result 2024: €16,293€16,300202220232024
The operating result falls in 2024; 2024 is 46% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €152,359
Fixed assets €631 ▼ 55.2%
Current assets €151,728 ▲ 14.2%
Equity and liabilities €152,359
Equity €137,081 ▲ 13.5%
Debt €15,278 ▲ 13.0%
Debt's share of the balance-sheet total stays at 10.0%.
Key figures and ratios
2024 value · change against 2023
EBITDA
€21,722▼
2023 · €40,431
Cash flow
€17,070▼
2023 · €27,848
Current ratio
9.93▲
2023 · 9.83
Quick ratio
9.78▲
2023 · 9.65
Debt to equity
0.11▼
2023 · 0.11
ROE
11.9%▼
2023 · 21.6%
ROA
10.7%▼
2023 · 19.4%
Interest coverage
164.55▼
2023 · 305.97
Debt ≤ 1 year
€15,278▲
2023 · €13,522
Income taxes
€7,865▼
2023 · €12,451
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.6% went bankrupt
3.8% stopped otherwise
95% still going

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

For this company itself Checked computes a higher bankruptcy probability: 1.2% 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 497,662 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 34,679 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 · 41 lines
Balance sheet Code20232024
Assets
Total assets20/58€134,310€152,359▲
Fixed assets21/28€1,408€631▼
Tangible fixed assets22/27€1,408€631▼
Plant, machinery and equipment23€1,002€567▼
Furniture and vehicles24€406€64▼
Current assets29/58€132,902€151,728▲
Stocks and contracts in progress3€2,374€2,374=
Stocks30/36€2,374€2,374=
Amounts receivable within one year40/41€19,212€4,235▼
Trade receivables40€19,212€3,101▼
Other amounts receivable41-€1,135
Current investments50/53€75,000€100,000▲
Cash at bank and in hand54/58€36,316€43,485▲
Deferred charges and accrued income490/1-€1,633
Equity and liabilities
Total equity and liabilities10/49€134,310€152,359▲
Equity10/15€120,788€137,081▲
Contributions10/11€50,000€50,000=
Reserves13€70,788€87,081▲
Distributable reserves133€70,788€87,081▲
Amounts payable17/49€13,522€15,278▲
Amounts payable within one year42/48€13,522€15,278▲
Trade debts44€2,273€3,404▲
Suppliers440/4€2,273€3,404▲
Taxes, remuneration and social security45€5,443€3,451▼
Taxes450/3€5,443€3,451▼
Other amounts payable47/48€5,807€8,422▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,734€777▼
Other operating charges640/8€1,492€1,021▼
Gross operating margin9900€41,923€22,743▼
Operating profit (loss)9901€38,698€20,945▼
Financial income75/76B-€3,345
Recurring financial income75-€3,345
Financial charges65/66B€132€132▼
Recurring financial charges65€132€132▼
Profit (loss) for the period before taxes9903€38,566€24,158▼
Income taxes67/77€12,451€7,865▼
Profit (loss) for the period9904€26,114€16,293▼
Profit (loss) for the period to be appropriated9905€26,114€16,293▼
Appropriation of the result
Profit (loss) to be appropriated9906€26,114€16,293▼
Transfer to equity691/2€26,114€16,293▼
To other reserves6921€26,114€16,293▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,872€4,191€1,037€1,734€777▼ 55.2%
Other operating charges640/8-€1,400€1,655€1,492€1,021▼ 31.5%
Gross operating margin9900€21,330€25,401€29,549€41,923€22,743▼ 45.8%
Operating profit (loss)9901€12,503€19,809€26,857€38,698€20,945▼ 45.9%
Financial income75/76B-€162€9-€3,345-
Recurring financial income75€1,206€162€9-€3,345-
Financial charges65/66B-€137€127€132€132▼ 0.1%
Recurring financial charges65€254€137€127€132€132▼ 0.1%
Profit (loss) for the period before taxes9903€13,455€19,834€26,738€38,566€24,158▼ 37.4%
Income taxes67/77€4,066€7,543€8,742€12,451€7,865▼ 36.8%
Profit (loss) for the period9904€9,390€12,292€17,997€26,114€16,293▼ 37.6%
Profit (loss) for the period to be appropriated9905€9,390€12,292€17,997€26,114€16,293▼ 37.6%
Line20202021202220232024Change
Assets
Total assets20/58€71,786€84,244€103,237€134,310€152,359▲ 13.4%
Formation expenses20€0-----
Fixed assets21/28€8,282€4,179€3,142€1,408€631▼ 55.2%
Intangible fixed assets21€6,509-----
Tangible fixed assets22/27€3,259€4,179€3,142€1,408€631▼ 55.2%
Plant, machinery and equipment23-€1,871€1,546€1,002€567▼ 43.5%
Furniture and vehicles24-€2,308€1,596€406€64▼ 84.2%
Financial fixed assets28€0-----
Current assets29/58€65,589€80,066€100,095€132,902€151,728▲ 14.2%
Stocks and contracts in progress3€5,159€4,934€2,374€2,374€2,374=
Stocks30/36-€4,934€2,374€2,374€2,374=
Amounts receivable within one year40/41€28,234€6,330€13,207€19,212€4,235▼ 78.0%
Trade receivables40-€5,680€13,207€19,212€3,101▼ 83.9%
Other amounts receivable41-€650--€1,135-
Current investments50/53€0--€75,000€100,000▲ 33.3%
Cash at bank and in hand54/58€52,141€68,653€84,514€36,316€43,485▲ 19.7%
Deferred charges and accrued income490/1-€149--€1,633-
Equity and liabilities
Total equity and liabilities10/49€71,786€84,244€103,237€134,310€152,359▲ 13.4%
Equity10/15€64,386€76,677€94,674€120,788€137,081▲ 13.5%
Contributions10/11-€50,000€50,000€50,000€50,000=
Reserves13€14,386€26,677€44,674€70,788€87,081▲ 23.0%
Non-distributable reserves130/1-€823€823---
Reserves not available under the articles1311-€823€823---
Distributable reserves133-€25,855€43,851€70,788€87,081▲ 23.0%
Profit (loss) carried forward14-€2,202-----
Amounts payable17/49€7,400€7,567€8,563€13,522€15,278▲ 13.0%
Amounts payable within one year42/48€7,400€7,567€8,563€13,522€15,278▲ 13.0%
Trade debts44€924€422€1,806€2,273€3,404▲ 49.8%
Suppliers440/4-€422€1,806€2,273€3,404▲ 49.8%
Taxes, remuneration and social security45-€7,144€5,626€5,443€3,451▼ 36.6%
Taxes450/3-€7,144€5,626€5,443€3,451▼ 36.6%
Other amounts payable47/48--€1,131€5,807€8,422▲ 45.0%
Line20202021202220232024Change
Profit (loss) for the period9904€9,390€12,292€17,997€26,114€16,293▼ 37.6%
+ Depreciation and write-downs630€7,872€4,191€1,037€1,734€777▼ 55.2%
Operating cash flow (approximation)€17,262€16,483€19,033€27,848€17,070▼ 38.7%
Investment in fixed assets (approximation)--€88€0€0€0-
Change in cash-€16,512€15,861-€48,198€7,170▲ 115%

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
30-09
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
03-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 64 days late
2023
31-12
Financial Highest result since 2018net €26,114 ▲45.1%
Operating result €38,698, net result €26,114, both a record.
31-12
Financial Equity above €100,000Eq €120,788 ▲27.6%
6 profitable years in a row build equity to €120,788.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
27-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
18-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 49 days late
2019
31-12
Financial Liquidity quadruplescurrent ratio 11.61
Current ratio from 3.21 to 11.61; short-term debt falls from €10,058 to €4,622.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
28-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
07-06
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 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Laarne · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
1,370 m²
Building footprint
174 m²
Volume, LiDAR
833 m³
Parcel 42010D0188/00C000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Acabo
Meerskant 30, 9270 LaarneAgents in non-specialised wholesale trade
since 20152.237.680.924
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42010D0188/00C000 Flanders 1,369 m² 1 · 174 m² 8.0 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded22-12-2014
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0507615450

Register as of 28 September 2026 · Peppol Directory

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