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ANBU

Active
Public limited companyfounded 200719 yrs activeRaspaillebosstraat(Gri) 63, 9506 Geraardsbergen, BelgiumKBO/BCE: BE 0888.517.921
Summary

ANBU has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€59,631) and a net result of €46,085. Equity is growing by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 7% of 9986 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Activity
Development of residential building projects
NACE 68121Real estate development NACE 41101NACE 70111
1 site
Size
€187,692total assets 2025
Equity
-€59,631
Profit
€46,085
Turnover not published (abridged schema)Net result -71%: other schema
Financial health
55 Fair Checked score 2025
Bankruptcy chance 12 m
1.1%
Structure
Accounts filed 29 d late0 of 6 deeds read
Why 55Capped at 59: negative equity- Latest accounts 29 days late; 2 of the last 3 late- Negative equity -€59,631- Liquidity: current ratio 0.75, cash €806, halved+ Size: total assets €187,692Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 46% of its sector peers (NACE 68, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -31.8% of total assets
Liquidity 1-9
short-term debt 131.8% · cash 0.4%
Profitability 99-1
return on assets 24.6%
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (26,360 companies)
Last 15 months 08-2025: 1.3%highest value 09-2025: 0.6%▼ -49.0% vs 08-2025 10-2025: 0.6%● 0.0% vs 09-2025 11-2025: 0.6%● 0.0% vs 10-2025 12-2025: 0.6%▼ -0.6% vs 11-2025 01-2026: 0.6%▼ -1.1% vs 12-2025 02-2026: 0.7%▲ +4.8% vs 01-2026 03-2026: 0.6%▼ -3.9% vs 02-2026 04-2026: 0.6%● 0.0% vs 03-2026 05-2026: 0.6%▼ -3.5% vs 04-2026lowest value 06-2026: 0.6%▲ +0.3% vs 05-2026 07-2026: 0.6%▲ +3.3% vs 06-2026 08-2026: 0.9%▲ +45.7% vs 07-2026 09-2026: 1.1%▲ +18.5% vs 08-2026 10-2026: 1.1%● 0.0% vs 09-2026
  • Size: total assets €187,692 lowers the probability for this profile
  • Latest accounts 29 days late; 2 of the last 3 late raises the probability
  • Negative equity -€59,631 raises the probability
  • Liquidity: current ratio 0.75, cash €806, halved raises the probability
No credit on open account
Liquidity short (current ratio 0.75 against 0.63 in 2024; short-term debt: 131.8% and cash: 0.4% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, micro). Better than this share of them on solvency 5%, liquidity 3%, profitability 90%, growth against the median 84%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €187,692
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Latest accounts 29 days late; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Negative equity -€59,631
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.75, cash €806, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 9986 sector peers (2025).
NBB · sector comparison
Position among 9986 sector peers
Solvency
better than 7%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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
29 d late
2024
31 d late
2023
31 d late
2022
31 d late
2021
26 d late
2018
31 d late
2017
30 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 30 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Highest result since 2018net €161,637 ▲3,993%

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€59,631 View
  • Caution: Result fell in 2025different schema filed ▼ 71.5% View
  • Caution: Among the weakest 8% on solvencysector median 31.3% · 9,986 companies -31.8% View
  • Positive: 5 profitable years in a rowprofit 2025: €46,085 5 years View

By topic

Financials

Fiscal year
2025
Total assets
€187,692
Profit
€46,085
Solvency
-31.8%
Total assets▲ 3.4%
Net result
20182025
Go to Financials

Timeline

Events
12
Since
2015
Next accounts
by 31-07-2027
  1. 29-08-2026Annual accounts filed
  2. 31-08-2025Annual accounts filed
  3. 31-12-2024Highest result since 2018
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Development of residential building projectsNACE 68121
Founded
04-04-2007
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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