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Anbel

Active
Public limited companyfounded 197254 yrs activeBerchemboslaan 1, 2600 Antwerpen, BelgiumKBO/BCE: BE 0412.421.828
Summary

Anbel has been active since 1972 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7,201 and a net result of €43,676. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 8281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+4
Solvency34▲+34
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.74 against 0.28 in 2024; short-term debt: 90.8% and cash: 27% of total assets), and 90.8% of the assets are financed with debt.
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Signals

Six 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 54 years 0 60 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
9.2%
Return on assets
55.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 8281 sector peers (2025).
NBB · sector comparison
Position among 8281 sector peers
Solvency
better than 17%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 d early
2024
41 d early
2023
48 d early
2022
35 d early
2021
33 d early
2020
23 d early
2019
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 28 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 20 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
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

On 28 April 1972, Anbel was incorporated.1 Total assets went from €454,060 in 2018 to €78,285 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€7,201
2024 · -€36,475
Total assets
€78,285▲ 43.2%
2024 · €54,665
Net result
€43,676▲ 272%
2024 · €11,728
Working capital
-€18,347▲ 72.1%
2024 · -€65,691
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€15,315▼ 86.7%-€17,505€3,131€11,880▲ 279%€43,811▲ 269%
Net result€14,896within the sector's middle half▼ 87.0%-€17,880below the sector's middle half€2,976within the sector's middle half€11,728within the sector's middle half▲ 294%€43,676within the sector's middle half▲ 272%
Equity€53,937below the sector's middle half▲ 38.2%€36,057below the sector's middle half▼ 33.1%-€48,203below the sector's middle half-€36,475below the sector's middle half▲ 24.3%€7,201below the sector's middle half
Total assets€119,679below the sector's middle half▼ 47.5%€43,708below the sector's middle half▼ 63.5%€52,930below the sector's middle half▲ 21.1%€54,665below the sector's middle half▲ 3.3%€78,285below the sector's middle half▲ 43.2%
Debt€65,742▼ 65.2%€7,650▼ 88.4%€101,133▲ 1,222%€91,140▼ 9.9%€71,084▼ 22.0%
Working capital-€18,179below the sector's middle half▲ 56.2%€2,344below the sector's middle half-€73,513below the sector's middle half-€65,691below the sector's middle half▲ 10.6%-€18,347below the sector's middle half▲ 72.1%
Solvency45.1%within the sector's middle half▲ 27.9pp82.5%above the sector's middle half▲ 37.4pp-91.1%below the sector's middle half▼ 173.6pp-66.7%below the sector's middle half▲ 24.3pp9.2%below the sector's middle half▲ 75.9pp
Current ratio0.72below the sector's middle half▼ 0.061.31within the sector's middle half▲ 0.580.27below the sector's middle half▼ 1.030.28below the sector's middle half▲ 0.010.74below the sector's middle half▲ 0.46
Return on assets (ROA)12.4%above the sector's middle half▼ 37.7pp-40.9%below the sector's middle half▼ 53.4pp5.6%within the sector's middle half▲ 46.5pp21.5%above the sector's middle half▲ 15.8pp55.8%above the sector's middle half▲ 34.3pp
Staff (FTE)
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
-€20,000€0€20,000€40,000Operating result 2021: €15,315€15,315Net result 2021: €14,896€14,896Operating result 2022: -€17,505-€17,505Net result 2022: -€17,880-€17,880Operating result 2023: €3,131€3,131Net result 2023: €2,976€2,976Operating result 2024: €11,880€11,880Net result 2024: €11,728€11,728Operating result 2025: €43,811€43,811Net result 2025: €43,676€43,67620212022202320242025€0€20,000€40,000Operating result 2023: €3,131€3,130Net result 2023: €2,976€2,980Operating result 2024: €11,880€11,900Net result 2024: €11,728€11,700Operating result 2025: €43,811€43,800Net result 2025: €43,676€43,700202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 269% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €78,285
Fixed assets €25,549 ▼ 12.6%
Current assets €52,736 ▲ 107%
Equity and liabilities €78,285
Equity €7,201
Debt €71,084
Debt finances 90.8% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€54,733▲
2024 · €21,293
Cash flow
€54,599▲
2024 · €21,141
Debt to equity
9.87
ROE
606.5%
Interest coverage
408.12▲
2024 · 140.55
Debt ≤ 1 year
€71,084▼
2024 · €91,140
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 931 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
1.9% went bankrupt
4.6% stopped otherwise
93% still going

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

For this company itself Checked computes a lower bankruptcy probability: 0.3% 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 497,341 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% 1.8%
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 931 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 · 2025 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€54,665€78,285▲
Fixed assets21/28€29,216€25,549▼
Intangible fixed assets21€16,907€8,505▼
Tangible fixed assets22/27€12,309€17,044▲
Plant, machinery and equipment23€2,542€2,005▼
Furniture and vehicles24€2,632€2,018▼
Other tangible fixed assets26€7,134€13,021▲
Current assets29/58€25,448€52,736▲
Amounts receivable within one year40/41€12,600€31,028▲
Trade receivables40€9,630€29,815▲
Other amounts receivable41€2,970€1,213▼
Cash at bank and in hand54/58€12,361€21,139▲
Deferred charges and accrued income490/1€487€570▲
Equity and liabilities
Total equity and liabilities10/49€54,665€78,285▲
Equity10/15-€36,475€7,201▲
Contributions10/11€61,500€61,500=
Capital10€61,500€61,500=
Issued capital100€61,500€61,500=
Reserves13€6,150€6,150=
Non-distributable reserves130/1€6,150€6,150=
Legal reserve130€6,150€6,150=
Profit (loss) carried forward14-€104,125-€60,449▲
Amounts payable17/49€91,140€71,084▼
Amounts payable within one year42/48€91,140€71,084▼
Taxes, remuneration and social security45€1,300€1,300=
Remuneration and social security454/9€1,300€1,300=
Other amounts payable47/48€89,840€69,784▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,413€10,922▲
Other operating charges640/8€872€748▼
Gross operating margin9900€22,165€55,481▲
Operating profit (loss)9901€11,880€43,811▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€152€134▼
Recurring financial charges65€152€134▼
Profit (loss) for the period before taxes9903€11,728€43,676▲
Profit (loss) for the period9904€11,728€43,676▲
Profit (loss) for the period to be appropriated9905€11,728€43,676▲
Appropriation of the result
Profit (loss) to be appropriated9906-€112,849-€60,449▲
Profit (loss) brought forward from the previous period14P-€124,577-€104,125▲
Transfer from equity791/2€8,724-

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

Line20212022202320242025Change
Non-recurring operating income76A-€8,145----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,403€8,403€8,403€9,413€10,922▲ 16.0%
Other operating charges640/8€1,331€832€957€872€748▼ 14.3%
Non-recurring operating charges66A-€5,900----
Gross operating margin9900€25,049-€2,369€12,491€22,165€55,481▲ 150%
Operating profit (loss)9901€15,315-€17,505€3,131€11,880€43,811▲ 269%
Financial income75/76B€7-€1€0--
Recurring financial income75€7-€1€0--
Financial charges65/66B€125€127€147€152€134▼ 11.5%
Recurring financial charges65€125€127€147€152€134▼ 11.5%
Profit (loss) for the period before taxes9903€15,197-€17,632€2,985€11,728€43,676▲ 272%
Income taxes67/77€301€248€9---
Profit (loss) for the period9904€14,896-€17,880€2,976€11,728€43,676▲ 272%
Profit (loss) for the period to be appropriated9905€14,896-€17,880€2,976€11,728€43,676▲ 272%
Line20212022202320242025Change
Assets
Total assets20/58€119,679€43,708€52,930€54,665€78,285▲ 43.2%
Fixed assets21/28€72,116€33,713€25,310€29,216€25,549▼ 12.6%
Intangible fixed assets21€42,116€33,713€25,310€16,907€8,505▼ 49.7%
Tangible fixed assets22/27---€12,309€17,044▲ 38.5%
Plant, machinery and equipment23---€2,542€2,005▼ 21.1%
Furniture and vehicles24---€2,632€2,018▼ 23.3%
Other tangible fixed assets26---€7,134€13,021▲ 82.5%
Financial fixed assets28€30,000-----
Current assets29/58€47,563€9,994€27,619€25,448€52,736▲ 107%
Amounts receivable within one year40/41€37,215€448€12,641€12,600€31,028▲ 146%
Trade receivables40€35,099-€10,201€9,630€29,815▲ 210%
Other amounts receivable41€2,116€448€2,440€2,970€1,213▼ 59.2%
Cash at bank and in hand54/58€10,348€9,546€14,863€12,361€21,139▲ 71.0%
Deferred charges and accrued income490/1--€115€487€570▲ 16.9%
Equity and liabilities
Total equity and liabilities10/49€119,679€43,708€52,930€54,665€78,285▲ 43.2%
Equity10/15€53,937€36,057-€48,203-€36,475€7,201▲ 120%
Contributions10/11€148,736€148,736€61,500€61,500€61,500=
Capital10€148,736€148,736€61,500€61,500€61,500=
Issued capital100€148,736€148,736€61,500€61,500€61,500=
Reserves13€14,874€14,874€14,874€6,150€6,150=
Non-distributable reserves130/1€14,874€14,874€14,874€6,150€6,150=
Legal reserve130€14,874€14,874€14,874€6,150€6,150=
Profit (loss) carried forward14-€109,673-€127,553-€124,577-€104,125-€60,449▲ 41.9%
Amounts payable17/49€65,742€7,650€101,133€91,140€71,084▼ 22.0%
Amounts payable within one year42/48€65,742€7,650€101,133€91,140€71,084▼ 22.0%
Trade debts44€817€361€163---
Suppliers440/4€817€361€163---
Taxes, remuneration and social security45€300€418€1,300€1,300€1,300=
Taxes450/3€300€418----
Remuneration and social security454/9--€1,300€1,300€1,300=
Other amounts payable47/48€64,625€6,871€99,670€89,840€69,784▼ 22.3%
Line20212022202320242025Change
Profit (loss) for the period9904€14,896-€17,880€2,976€11,728€43,676▲ 272%
+ Depreciation and write-downs630€8,403€8,403€8,403€9,413€10,922▲ 16.0%
Operating cash flow (approximation)€23,299-€9,477€11,379€21,141€54,599▲ 158%
Investment in fixed assets (approximation)-€30,000€0-€13,319-€7,255▲ 45.5%
Change in cash--€802€5,317-€2,501€8,778▲ 451%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
16-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
20-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
13-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Back to profitnet €2,976
Net result €2,976 after one loss-making year.
26-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
08-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Highest result since 2018net €114,185 ▲12.7%
Operating result €114,909, net result €114,185, both a record.
31-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial Back to profitnet €101,351
Net result €101,351 after one loss-making year.
09-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 9 days late
2018
27-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
27-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts

We know of 9 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
No directors read yet: 0 of 9 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1972
seat establishment The establishment unit on the map
Ground area
683 m²
Building footprint
158 m²
Volume, LiDAR
905 m³
Parcel 11003A0218/00M003, Flanders · tallest building 12.3 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Berchemboslaan 1, 2600 Antwerpen
Air transport
since 1972unit no. 2.007.160.028
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11003A0218/00M003 Flanders 683 m² 1 · 158 m² 12.3 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.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2021 list no shareholders, and no other source names one.

Holdings 1

According to the 2021 annual accounts of Anbel and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No directors read yet: 0 of 9 Gazette acts processed.

Recognitions · licences · registrations

Legal Entity Identifier

549300V0HB6CQK2Q0B41
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 1,173 companies in this sector we hold annual accounts for 743. 176 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPublic limited company
Founded28-04-1972
Fiscal year end31-12
Activities, NACEBEL 2025
46499Wholesale of other household goods
E-invoicing
Reachable via Peppol
Peppol ID 0208:0412421828
Also 9925:BE0412421828
Registered 27-08-2023

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

Register as of 1 October 2026 · Peppol Directory

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