ABO Logistics
ActiveSummary
ABO Logistics has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€3.3m) and a net result of -€90,932. Equity is shrinking by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 9722 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability10▲+10
Solvency0=
Growth38=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02 against 0.01 in 2023; short-term debt: 980.9% and cash: 7% of total assets), and equity is negative.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
-881%
Return on assets
-23.9%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€3.3m
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 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
6 d early
2022
27 d early
2021
17 d early
2020
32 d early
2019
30 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 24 days before 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 (1)
History
On 12 November 1992, ABO Logistics was incorporated.1 The registered office moved to Aartselaar in 2004 and to Gent in 2019.23 The capital was increased 2 times between 2004 and 2007, most recently to EUR 325,000.24 In 2019 the company took the name ABO Logistics.3 Of the 2 current board members, Frank De Palmenaer has served longest, since 2016.5 Revenue went from EUR 898,371 in 2018 to EUR 130,212 in 2021.6
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Financials · fiscal year 2024, abbreviated schema
Turnover
€130,212▼ 25.1%
2020 · €173,733
EBIT margin
-259.1%▼ 260.1pp
2020 · 0.9%
Net result
-€90,932▲ 68.6%
2023 · -€289,555
Working capital
-€3.7m▼ 19.1%
2023 · -€3.1m
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
Turnover€173,733▼ 34.6%€130,212▼ 25.1%
Operating result€1,619▼ 96.2%-€337,410-€550,631▼ 63.2%-€121,534▲ 77.9%€159,405
Net result-€26,025▲ 49.6%-€365,140▼ 1,303%-€607,821▼ 66.5%-€289,555▲ 52.4%-€90,932▲ 68.6%
EBIT margin0.9%▼ 15.1pp-259.1%▼ 260.1pp
Equity-€2.0m▼ 1.3%-€2.4m▼ 18.3%-€3.0m▼ 25.8%-€3.3m▼ 9.8%-€3.3m▼ 2.8%
Total assets€767,924▼ 8.1%€574,771▼ 25.2%€503,501▼ 12.4%€410,919▼ 18.4%€379,744▼ 7.6%
Debt€2.8m▼ 1.5%€2.9m▲ 6.2%€3.0m▲ 2.6%€3.1m▲ 3.4%€3.7m▲ 19.8%
Working capital-€2.5m▼ 2.0%-€2.8m▼ 10.3%-€2.9m▼ 5.0%-€3.1m▼ 5.0%-€3.7m▼ 19.1%
Staff (FTE)
Why a figure moved sharply
- 2024 Net result +69% on 2023. Cause not known from the registers.
- 2023 Net result +52% on 2022. Cause not known from the registers.
- 2022 Net result -66% on 2021. The accounts now follow the abbreviated schema, last year the full schema.
- 2021 Net result -1,303% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €159,405 after a loss of €121,534 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €379,744
Fixed assets
€323,675 ▼ 15.0%
Current assets
€56,069 ▲ 85.4%
Key figures and ratios
EBITDA
€206,482▲
2023 · -€67,339
Cash flow
-€43,856▲
2023 · -€235,360
Solvency
-881.0%▼
2023 · -792.0%
Current ratio
0.02▲
2023 · 0.01
Debt to equity
-1.11▼
2023 · -0.96
ROA
-23.9%▲
2023 · -70.5%
Interest coverage
1.18▲
2023 · -0.39
Debt ≤ 1 year
€3.7m▲
2023 · €3.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,640 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.1%
went bankrupt
9.9%
stopped otherwise
84%
still going
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.5% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.6% |
| 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 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 6,640 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €140,755 | - | - | - | - |
| Turnover70 | €173,733 | €130,212 | - | - | - | - |
| Other operating income74 | - | €10,544 | - | - | - | - |
| Non-recurring operating income76A | - | - | - | - | €628,122 | - |
| Operating charges60/66A | - | €478,165 | - | - | - | - |
| Goods for resale, raw materials and consumables60 | - | €7,188 | - | - | - | - |
| Purchases600/8 | - | €7,188 | - | - | - | - |
| Services and other goods61 | - | €72,815 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €55,340 | €55,729 | €53,142 | €54,195 | €47,077 | ▼ 13.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €4,000 | €500 | - | - |
| Other operating charges640/8 | - | €140,534 | €29,822 | €12,850 | €10,723 | ▼ 16.6% |
| Non-recurring operating charges66A | - | €201,900 | €577,538 | €96,697 | €490,071 | ▲ 407% |
| Gross operating margin9900 | - | - | €113,871 | €42,708 | €707,276 | ▲ 1,556% |
| Operating profit (loss)9901 | €1,619 | -€337,410 | -€550,631 | -€121,534 | €159,405 | ▲ 231% |
| Financial income75/76B | - | €60 | €395 | €2,853 | €1 | ▼ 100.0% |
| Recurring financial income75 | - | €60 | €395 | €73 | €1 | ▼ 98.6% |
| Other financial income752/9 | - | €60 | - | - | - | - |
| Non-recurring financial income76B | - | - | - | €2,780 | €1 | ▼ 100.0% |
| Financial charges65/66B | - | €27,790 | €57,585 | €170,874 | €250,339 | ▲ 46.5% |
| Recurring financial charges65 | €27,569 | €27,790 | €57,585 | €170,874 | €174,541 | ▲ 2.1% |
| Debt charges650 | €30 | €25 | - | - | - | - |
| Other financial charges652/9 | - | €27,765 | - | - | - | - |
| Non-recurring financial charges66B | - | - | - | - | €75,797 | - |
| Profit (loss) for the period before taxes9903 | -€25,950 | -€365,140 | -€607,821 | -€289,555 | -€90,932 | ▲ 68.6% |
| Income taxes67/77 | €75 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€26,025 | -€365,140 | -€607,821 | -€289,555 | -€90,932 | ▲ 68.6% |
| Profit (loss) for the period to be appropriated9905 | -€26,025 | -€365,140 | -€607,821 | -€289,555 | -€90,932 | ▲ 68.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €767,924 | €574,771 | €503,501 | €410,919 | €379,744 | ▼ 7.6% |
| Fixed assets21/28 | €540,029 | €477,721 | €426,564 | €380,678 | €323,675 | ▼ 15.0% |
| Intangible fixed assets21 | - | - | - | €0 | €0 | - |
| Tangible fixed assets22/27 | €516,677 | €464,838 | €413,681 | €370,752 | €323,675 | ▼ 12.7% |
| Land and buildings22 | - | €434,200 | €390,359 | €343,562 | €304,646 | ▼ 11.3% |
| Plant, machinery and equipment23 | - | €282 | - | €4,712 | €4,230 | ▼ 10.2% |
| Furniture and vehicles24 | - | €30,356 | €23,322 | €22,478 | €14,799 | ▼ 34.2% |
| Financial fixed assets28 | €23,351 | €12,883 | €12,883 | €9,926 | €0 | ▼ 100% |
| Other financial fixed assets284/8 | - | €12,883 | - | - | - | - |
| Shares284 | - | €9,926 | - | - | - | - |
| Amounts receivable and cash guarantees285/8 | - | €2,957 | - | - | - | - |
| Current assets29/58 | €227,895 | €97,050 | €76,936 | €30,241 | €56,069 | ▲ 85.4% |
| Amounts receivable within one year40/41 | €187,359 | €91,769 | €72,342 | €10,155 | €28,678 | ▲ 182% |
| Trade receivables40 | - | €73,648 | €58,866 | €10,155 | €28,678 | ▲ 182% |
| Other amounts receivable41 | - | €18,121 | €13,477 | - | - | - |
| Current investments50/53 | €720 | €720 | €720 | €720 | €720 | = |
| Other investments51/53 | - | €720 | - | - | - | - |
| Cash at bank and in hand54/58 | €24,817 | €4,560 | €3,714 | €19,367 | €26,670 | ▲ 37.7% |
| Deferred charges and accrued income490/1 | - | - | €160 | - | €0 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €767,924 | €574,771 | €503,501 | €410,919 | €379,744 | ▼ 7.6% |
| Equity10/15 | -€2.0m | -€2.4m | -€3.0m | -€3.3m | -€3.3m | ▼ 2.8% |
| Contributions10/11 | €136,883 | €136,883 | €136,883 | €136,883 | €136,883 | = |
| Capital10 | - | €136,883 | €136,883 | €136,883 | €136,883 | = |
| Issued capital100 | - | €136,883 | €136,883 | €136,883 | €136,883 | = |
| Reserves13 | €13,688 | €13,688 | €13,688 | €13,688 | €13,688 | = |
| Non-distributable reserves130/1 | - | €13,688 | €13,688 | €13,688 | €13,688 | = |
| Legal reserve130 | - | €13,688 | €13,688 | €13,688 | €13,688 | = |
| Profit (loss) carried forward14 | -€2.1m | -€2.5m | -€3.1m | -€3.4m | -€3.5m | ▼ 2.7% |
| Provisions and deferred taxes16 | - | - | €460,000 | €555,941 | - | - |
| Provisions for liabilities and charges160/5 | - | - | €460,000 | €555,941 | - | - |
| Environmental obligations163 | - | - | €460,000 | €555,941 | - | - |
| Amounts payable17/49 | €2.8m | €2.9m | €3.0m | €3.1m | €3.7m | ▲ 19.8% |
| Amounts payable within one year42/48 | €2.8m | €2.9m | €3.0m | €3.1m | €3.7m | ▲ 19.8% |
| Trade debts44 | €140,116 | €201,571 | €100,168 | €35,455 | €26,065 | ▼ 26.5% |
| Suppliers440/4 | - | €201,571 | €100,168 | €35,455 | €26,065 | ▼ 26.5% |
| Taxes, remuneration and social security45 | - | €5,397 | - | €5,645 | €6,701 | ▲ 18.7% |
| Taxes450/3 | - | €5,397 | - | €5,645 | €6,701 | ▲ 18.7% |
| Other amounts payable47/48 | - | €2.7m | €2.9m | €3.1m | €3.7m | ▲ 20.3% |
| Accrued charges and deferred income492/3 | - | €42,590 | - | - | €325 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€26,025 | -€365,140 | -€607,821 | -€289,555 | -€90,932 | ▲ 68.6% |
| + Depreciation and write-downs630 | €55,340 | €55,729 | €53,142 | €54,195 | €47,077 | ▼ 13.1% |
| Operating cash flow (approximation) | €29,315 | -€309,410 | -€554,679 | -€235,360 | -€43,856 | ▲ 81.4% |
| Investment in fixed assets (approximation) | - | €6,578 | -€1,985 | -€8,309 | €9,926 | ▲ 219% |
| Change in cash | - | -€20,256 | -€847 | €15,653 | €7,304 | ▼ 53.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
16-12
State Gazette act
Permanent representative: Jurgen Ostyn1 fact ▸
State Gazette act
Permanent representative: Jurgen Ostyn
1 fact ▸
- Permanent representative, Jurgen Ostyn
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-08
State Gazette act
Appointment: Mazars Bedrijfsrevisoren - Réviseurs d'Entreprises BV (statutory auditor)Mandate compensation2 facts ▸
State Gazette act
Appointment: Mazars Bedrijfsrevisoren - Réviseurs d'Entreprises BV (statutory auditor)
Mandate compensation2 facts ▸
- Auditor appointment, Mazars Bedrijfsrevisoren - Réviseurs d'Entreprises BV (statutory auditor)
- Mandate compensation, Mazars Bedrijfsrevisoren - Réviseurs d'Entreprises BV
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
27-01
State Gazette act
Reappointment: Frank De Palmenaer (director)Appointment: Frank De Palmenaer (managing director)3 facts ▸
State Gazette act
Reappointment: Frank De Palmenaer (director)
Appointment: Frank De Palmenaer (managing director)3 facts ▸
- General meeting, 22-06-2022
- Director reappointment, Frank De Palmenaer (director)
- Director appointment, Frank De Palmenaer (managing director)
2022
31-12
Financial
Weakest financial yearnet -€607,821
Net result drops to -€607,821, the lowest in the series; recovery starts the following year.
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
26-11
State Gazette act
Resignation: ABO Group Environment (mandaat)Permanent representative: Johan Reybroek2 facts ▸
State Gazette act
Resignation: ABO Group Environment (mandaat)
Permanent representative: Johan Reybroek2 facts ▸
- Director resignation, ABO Group Environment (mandaat)
- Permanent representative, Johan Reybroek
24-11
State Gazette act
Appointment: Abo Group Environment NV (director)Permanent representative: Paul Decraemer2 facts ▸
State Gazette act
Appointment: Abo Group Environment NV (director)
Permanent representative: Paul Decraemer2 facts ▸
- Director appointment, Abo Group Environment NV (director)
- Permanent representative, Paul Decraemer
16-08
State Gazette act
Appointment: Ernst & Young Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Paul Eelen · Mandate compensation4 facts ▸
State Gazette act
Appointment: Ernst & Young Bedrijfsrevisoren BV (statutory auditor)
Permanent representative: Paul Eelen · Mandate compensation4 facts ▸
- General meeting, 15-06-2021
- Auditor appointment, Ernst & Young Bedrijfsrevisoren BV (statutory auditor)
- Permanent representative, Paul Eelen
- Mandate compensation, Ernst & Young Bedrijfsrevisoren BV
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Show earlier events
15-01
State Gazette act
Resignation: ABO Holding nv (director)Appointment: ABO-GROUP Environment nv (director) · Permanent representative: Johan Reybroeck3 facts ▸
State Gazette act
Resignation: ABO Holding nv (director)
Appointment: ABO-GROUP Environment nv (director) · Permanent representative: Johan Reybroeck3 facts ▸
- Director resignation, ABO Holding nv (director)
- Director appointment, ABO-GROUP Environment nv (director)
- Permanent representative, Johan Reybroeck
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-07
State Gazette act
Reappointments: Frank De Palmenaer (director) and ABO Holding NV (director)Permanent representative: Johan Reybroeck · Appointment: Frank De Palmenaer (managing director)5 facts ▸
State Gazette act
Reappointments: Frank De Palmenaer (director) and ABO Holding NV (director)
Permanent representative: Johan Reybroeck · Appointment: Frank De Palmenaer (managing director)5 facts ▸
- General meeting, 07-06-2019
- Director reappointment, Frank De Palmenaer (director)
- Director reappointment, ABO Holding NV (director)
- Permanent representative, Johan Reybroeck
- Director appointment, Frank De Palmenaer (managing director)
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
30-04
State Gazette act
Reappointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)Name change · Registered-office move · Statutes amendment7 facts ▸
State Gazette act
Reappointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)
Name change · Registered-office move · Statutes amendment7 facts ▸
- General meeting, 26-04-2019
- Name change, ABO Logistics
- Registered-office move, 9051 Gent (Sint-Denijs-Westrem), Derbystraat 263
- Statutes amendment
- Power of attorney, ECOREM
- Power of attorney, ECOREM
- Auditor reappointment, Ernst & Young Bedrijfsrevisoren
23-04
State Gazette act
Resignation: Walter MONDT (bestuurder)Appointment: Frank DE PALMENAER (managing director)3 facts ▸
State Gazette act
Resignation: Walter MONDT (bestuurder)
Appointment: Frank DE PALMENAER (managing director)3 facts ▸
- Board meeting, 01-03-2019
- Director resignation, Walter MONDT ((gedelegeerd) bestuurder)
- Director appointment, Frank DE PALMENAER (managing director)
2018
25-09
State Gazette act
Reappointment: EY, Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor)Permanent representative: Marnix Van Dooren · Mandate compensation4 facts ▸
State Gazette act
Reappointment: EY, Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor)
Permanent representative: Marnix Van Dooren · Mandate compensation4 facts ▸
- General meeting, 08-06-2018
- Auditor reappointment, EY, Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor)
- Permanent representative, Marnix Van Dooren
- Mandate compensation, EY, Ernst & Young Bedrijfsrevisoren BCVBA
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 16 days late
2016
18-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 110 days late
05-09
State Gazette act
Reappointments: Walter Mondt, Frank De Palmenaer and ABO Holding NVAppointments: Walter Mondt (managing director) and Frank De Palmenaer (chair of the board) · Permanent representative: Johan Reybroeck7 facts ▸
State Gazette act
Reappointments: Walter Mondt, Frank De Palmenaer and ABO Holding NV
Appointments: Walter Mondt (managing director) and Frank De Palmenaer (chair of the board) · Permanent representative: Johan Reybroeck7 facts ▸
- General meeting, 30-06-2016
- Director reappointment, Walter Mondt (director)
- Director reappointment, Frank De Palmenaer (director)
- Director reappointment, ABO Holding NV (director)
- Director appointment, Walter Mondt (managing director)
- Director appointment, Frank De Palmenaer (chair of the board)
- Permanent representative, Johan Reybroeck
04-04
State Gazette act
Permanent representative: Johan ReybroeckResignations: Walter Mondt (chair of the board) and Frank De Palmenaer (managing director) · Appointments: Frank De Palmenaer (chair of the board) and Walter Mondt (managing director)6 facts ▸
State Gazette act
Permanent representative: Johan Reybroeck
Resignations: Walter Mondt (chair of the board) and Frank De Palmenaer (managing director) · Appointments: Frank De Palmenaer (chair of the board) and Walter Mondt (managing director)6 facts ▸
- Board meeting, 24-12-2015
- Permanent representative, Johan Reybroeck
- Director resignation, Walter Mondt (chair of the board)
- Director appointment, Frank De Palmenaer (chair of the board)
- Director resignation, Frank De Palmenaer (managing director)
- Director appointment, Walter Mondt (managing director)
13-01
State Gazette act
Resignation: BDO (statutory auditor)Appointment: Ernst & Young Bedrijfsrevisoren (statutory auditor) · Permanent representative: Marnix Van Dooren · Mandate compensation5 facts ▸
State Gazette act
Resignation: BDO (statutory auditor)
Appointment: Ernst & Young Bedrijfsrevisoren (statutory auditor) · Permanent representative: Marnix Van Dooren · Mandate compensation5 facts ▸
- General meeting, 23-09-2015
- Director resignation, BDO (statutory auditor)
- Auditor appointment, Ernst & Young Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Marnix Van Dooren
- Mandate compensation, Ernst & Young Bedrijfsrevisoren
2014
01-08
State Gazette act
Statutes amendment · Resignations & appointments · RestructuringAppointments: MONDT Walter (chair of the board) and DE PALMENAER Frank (managing director) · Demerger · Accounting effect18 facts ▸
State Gazette act
Statutes amendment · Resignations & appointments · Restructuring
Appointments: MONDT Walter (chair of the board) and DE PALMENAER Frank (managing director) · Demerger · Accounting effect18 facts ▸
- General meeting, 07-07-2014
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Demerger, partiële splitsing door overneming, 13-05-2014
- Accounting effect, 01-01-2014
- Capital decrease, €188.117,29
- Capital, €136.882,71
- Share issue, 4674822, zelfde rechten als de bestaande aandelen, delend in het bedrijfsresultaat vanaf 1 januari 2014
- Power of attorney, Myriam Dietens
- Power of attorney, Annick Delmaire
- +6 further facts in this act
02-06
State Gazette act
RestructuringPermanent representative: Frank DE PALMENAER · Demerger · Capital26 facts ▸
State Gazette act
Restructuring
Permanent representative: Frank DE PALMENAER · Demerger · Capital26 facts ▸
- Board meeting, 13-05-2014
- Demerger, Partiële splitsing waarbij de bedrijfstak 'BODEM' van ECOREM overgaat naar ABO door overneming.
- Board composition, Walter MONDT (director)
- Board composition, Frank DE PALMENAER (director)
- Board composition, ABO HOLDING (director)
- Permanent representative, Frank DE PALMENAER
- Board composition, Frank DE PALMENAER (director)
- Board composition, ABO HOLDING (director)
- Permanent representative, Frank DE PALMENAER
- Capital, €325.000
- Capital, €846.482,81
- Share issue, 4674822, vergoeding voor de inbreng door de partieel te splitsen vennootschap
- +14 further facts in this act
2013
18-10
State Gazette act
Reappointments: Walter Mondt, Frank De Palmenaer and 2 othersPermanent representative: Veerle Catry6 facts ▸
State Gazette act
Reappointments: Walter Mondt, Frank De Palmenaer and 2 others
Permanent representative: Veerle Catry6 facts ▸
- General meeting, 24-04-2013
- Director reappointment, Walter Mondt (director)
- Director reappointment, Frank De Palmenaer (director)
- Director reappointment, ExeQutes Holding NV (director)
- Auditor reappointment, BDO Bedrijfsrevisoren, Burg. Venn. CVBA (statutory auditor)
- Permanent representative, Veerle Catry
2010
28-07
State Gazette act
Appointment: BDO Bedrijfsrevisoren Burg. Ven. CVBA (statutory auditor)Permanent representative: Veerle Catry · Mandate compensation4 facts ▸
State Gazette act
Appointment: BDO Bedrijfsrevisoren Burg. Ven. CVBA (statutory auditor)
Permanent representative: Veerle Catry · Mandate compensation4 facts ▸
- General meeting, 12-07-2010
- Auditor appointment, BDO Bedrijfsrevisoren Burg. Ven. CVBA
- Permanent representative, Veerle Catry
- Mandate compensation, BDO Bedrijfsrevisoren Burg. Ven. CVBA
2007
10-12
State Gazette act
Reappointments: Walter Mondt, Frank De Palmenaer and EXEQUTES HOLDINGPermanent representative: Frank De Palmenaer · Capital increase · Capital14 facts ▸
State Gazette act
Reappointments: Walter Mondt, Frank De Palmenaer and EXEQUTES HOLDING
Permanent representative: Frank De Palmenaer · Capital increase · Capital14 facts ▸
- General meeting, 14-11-2007
- Capital increase, €200.000
- Capital, €325.000
- Statutes amendment
- Director reappointment, Walter Mondt (director)
- Director reappointment, Frank De Palmenaer (director)
- Director reappointment, EXEQUTES HOLDING (director)
- Permanent representative, Frank De Palmenaer
- Mandate compensation, Walter Mondt
- Board meeting, 14-11-2007
- Director reappointment, Walter Mondt (managing director)
- Mandate compensation, Walter Mondt
- +2 further facts in this act
2004
31-12
State Gazette act
Appointment: BDO Revisoren (commissaris revisor)Permanent representative: Veerle Catry · Shareholding5 facts ▸
State Gazette act
Appointment: BDO Revisoren (commissaris revisor)
Permanent representative: Veerle Catry · Shareholding5 facts ▸
- General meeting, 14-10-2004
- Auditor appointment, BDO Revisoren (commissaris revisor)
- Permanent representative, Veerle Catry
- Shareholding, 1400 aandelen
- Shareholding, 600 aandelen
01-06
State Gazette act
Reappointment: MONDT Walter Victor Roger (managing director)Permanent representative: DE PALMENAER Frank Jacques Maria · Approval · Director discharge14 facts ▸
State Gazette act
Reappointment: MONDT Walter Victor Roger (managing director)
Permanent representative: DE PALMENAER Frank Jacques Maria · Approval · Director discharge14 facts ▸
- General meeting, 01-05-2004
- Approval, 31-12-2003
- Director discharge, ECOREM
- Director reappointment, MONDT Walter Victor Roger (managing director)
- Capital increase, €63.026,62
- Capital, €125.000
- Registered-office move, 2630 Aartselaar, Kontichsesteenweg 38
- Statutes amendment
- Board meeting, 01-05-2004
- Permanent representative, DE PALMENAER Frank Jacques Maria
- Capital conversion, 61973.38, 8000000
- Statutes amendment
- +2 further facts in this act
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
21 of 21 acts read
Directors · office · real estate
Directors
2 directors, 1 in day-to-day management, no change since 2022
Board 2
Frank De Palmenaer
CurrentChair of the board · since 23-03-2016 · Director · since 14-11-2007
Abo Group Environment NV
CurrentDirector · since 24-12-2020 · Legal entity · perm. rep.: Johan Reybroeck
2 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
EXEQUTES HOLDING
Not recently confirmedDirector · since 14-11-2007 · Legal entity · perm. rep.: Frank De Palmenaer
Exequtes Holding nv
Not recently confirmedDirector · since 24-04-2013 · Legal entity
Day-to-day management 1
Frank De Palmenaer
CurrentManaging director · since 01-03-2019
1 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
MONDT Walter Victor Roger
Not recently confirmedManaging director · since 11-05-2004
Permanent representatives 1
Johan Reybroeck
CurrentPermanent representative · since 24-12-2020 · for Abo Group Environment NV
1 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Frank De Palmenaer
Not recently confirmedPermanent representative · since 14-11-2007 · for EXEQUTES HOLDING
Statutory auditor 1
Mazars Bedrijfsrevisoren - Réviseurs d'Entreprises BV
CurrentStatutory auditor · since 06-08-2024
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Registered office, Gent · 2 establishment units since 1992
Ground area
6,222 m²
Building footprint
2,033 m²
Volume, LiDAR
31,566 m³
2 parcels, Flanders · tallest building 31.7 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
ABO Logistics
since 19922.059.805.292
ABO Logistics
since 20142.230.400.578
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062A0266/00P002 | Flanders | 3,829 m² | 1 · 1,307 m² | 31.7 m · 6 fl. |
| 11001B0084/00P000 | Flanders | 2,393 m² | 1 · 725 m² | 12.3 m · 4 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.
Mandate history
11 people since 2004, 6 in office
- Board
- Day-to-day management
- Statutory auditor
- Other function
- not recently confirmed
- began earlier
| Name | Functions and periods |
|---|---|
| Frank De Palmenaer |
|
| Abo Group Environment NV |
|
| Mazars Bedrijfsrevisoren - Réviseurs d'Entreprises BV |
|
| EXEQUTES HOLDING |
|
| Exequtes Holding nv |
|
| MONDT Walter Victor Roger |
|
| Ernst et Young Reviseurs d'Entreprises |
|
| ABO-GROUP ENVIRONMENT |
|
| Abo Holding NV |
|
| Walter MONDT |
|
| BDO Bedrijfsrevisoren Burg. Venn. CVBA |
|
Articles of association
Purpose
De vennootschap heeft tot doel: de ontwikkeling, de promotie, de exploitatie en de commercialisatie van hoogtechnologische en innoverende adviezen in verband met…
Full purpose
De vennootschap heeft tot doel: de ontwikkeling, de promotie, de exploitatie en de commercialisatie van hoogtechnologische en innoverende adviezen in verband met bodemverontreinigingen, verontreinigende IBS en industrieel afval; het toezicht en project-management van boringen, sonderingen en milieusaneringen. De vennootschap mag alle burgerlijke, commerciele, industriële, financiële, roerende en onroerende verrichtingen uitvoeren, die rechtstreeks of onrechtstreeks, geheel of gedeeltelijk verband houden met een of ander aspect van haar doel of die de verwezenlijking ervan kunnen bevorderen of vergemakkelijken. De vennootschap mag door middel van inschrijving, inbreng, fusie, samenwerking, financiële tussenkomst of anderszins deelnemen in alle in België of in het buitenland bestaande of nog op te richten vennootschappen, ondernemingen of bedrijven met eenzelfde of gelijksoortig doel. Zij kan zich ten gunste van dezelfde vennootschappen borgstelien of haar aval verlenen, hypothecaire of andere zekerheden verstrekken.
Structure & network
Part of the group
ABO-GROUP ENVIRONMENT
12 companies
Group, risk and exposure
Owners and holdings
2 owners · 1 holdingChain of control
- ABO-GROUP ENVIRONMENT
- ABO Logistics
Highest known parent: ABO-GROUP ENVIRONMENT. The sources do not say who stands above it.
Owners 2
-
99.98%
- Sourceact 02-06-20145,199 shares
Holdings 1
-
100%
According to the 2022 annual accounts of ABO Logistics 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
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Acquisitions and mergers
1 transactionSplit off to:ADVIESBUREAU VOOR BODEMONDERZOEK
Capital and shareholders
Shareholders according to the acts
Stated in the act
act of 02-06-2014 ↗
- Frank DE PALMENAER 1 share
- ABO HOLDING (BE 0880.469.790) 5,199 shares
After the capital increase
act of 10-12-2007 ↗
- EXEQUTES HOLDING 200,000 EUR
Stated in the act
act of 31-12-2004 ↗
- ABO NV
- Walter Mondt
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 01-08-2014 Capital reduction of 188,117.29 EUR · to 136,882.71 EUR · “evenredige verlaging van de fractiewaarde van de bestaande aandelen”
- 02-06-2014 Capital reduction of 188,117.29 EUR
- 10-12-2007 Capital increase of 200,000 EUR · to 325,000 EUR · 3,200 new shares
- 01-06-2004 Capital increase of 63,026.62 EUR · to 125,000 EUR · from reserves
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,699 companies in sector 68121 we hold annual accounts for 7,385. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded12-11-1992
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
E-invoicing
Reachable via Peppol
Peppol ID
0208:0448696957
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.