Fabre
ActiveSummary
Fabre has been active since 1979 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of -€8,642. Equity has been shrinking by about 2.7% per year since 2018. The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 01-12-1979 Normal situation
- Activity
- “Toutes opérations immobilières généralement quelconques matérielles et juridiques,notamment la construction,la vente,l’achat,la location,le leasing,la transaction,le…” (deed in French)From the articles, 6 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.016.929.908 7300 Boussu, since 01-07-1979
- Financial year end
- 31 December
- Peppol
- Reachable since 23-01-2026
Board and ownership
- AB MECA INVESTDirector · since 14-12-2023 · permanent representative ABRASSART Eleanor
- ABRASSART StéphaneDirector · since 14-12-2023
- ABRASSART VictoriaDirector · since 14-12-2023
- AB MECA INVEST100%annual accounts 2025
- Holdings
- Shares in 1 company Etablissements Baise
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €50,899
- ▼ 1.9%
- Turnover
- ≈ €140,000
- estimated
- Loss
- €8,642
- ▼ 16.3%
- Equity
- €1.7m
- ▼ 0.5%
- Total assets
- €1.9m
- ▼ 1.0%
- 2025 accounts filed 61 days after the deadline
Score breakdownraises riskLiquidity: current ratio 0.19, cash €1,240Last filed accounts filed 61 days late; 1 of the last 3 accounts latelowers riskSize: total assets €1.9mFounded in 1979Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 81% of them on solvency, 39% on liquidity, 46% on profitability and 43% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 41 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, full format
2025 annual accounts filed 61 days after the deadline Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00544627.
Annual accounts 2025 filed on 30-09-2026 at the NBB all 46 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a loss of €6,350, smaller than the loss of €6,609 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,374 | €7,831 | €4,464 | €19,500 | - |
| Depreciation and write-downs of the year | €18,300 | €23,341 | €23,437 | €23,788 | €21,401 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,402 | €18,253 | €18,253 | €18,300 | €23,341 | €23,437 | €23,788 | €21,401 | ▼ 10.0% |
| Other operating charges640/8 | - | - | - | €29,895 | €29,707 | €33,606 | €34,724 | €35,849 | ▲ 3.2% |
| Non-recurring operating charges66A | - | - | - | - | €14 | - | - | - | - |
| Gross operating margin9900 | €80,081 | €27,030 | €54,409 | €61,358 | €75,512 | €56,120 | €51,903 | €50,899 | ▼ 1.9% |
| Operating profit (loss)9901 | €48,679 | -€19,654 | -€49 | €13,163 | €22,449 | -€924 | -€6,609 | -€6,350 | ▲ 3.9% |
| Financial income75/76B | - | - | - | - | - | €148 | - | - | - |
| Recurring financial income75 | €3 | - | €1,616 | - | - | €148 | - | - | - |
| Financial charges65/66B | - | - | - | €1,776 | €1,926 | €1,882 | €3,715 | €2,292 | ▼ 38.3% |
| Recurring financial charges65 | €236 | €1,789 | €1,972 | €1,776 | €1,926 | €1,882 | €3,715 | €2,067 | ▼ 44.3% |
| Non-recurring financial charges66B | - | - | - | - | - | - | - | €225 | - |
| Profit (loss) for the period before taxes9903 | €48,445 | -€21,443 | -€404 | €11,386 | €20,523 | -€2,657 | -€10,324 | -€8,642 | ▲ 16.3% |
| Income taxes67/77 | €15,282 | -€14 | €556 | €2,947 | €5,477 | -€4 | - | - | - |
| Profit (loss) for the period9904 | €33,164 | -€21,429 | -€961 | €8,439 | €15,046 | -€2,653 | -€10,324 | -€8,642 | ▲ 16.3% |
| Profit (loss) for the period to be appropriated9905 | €33,164 | -€21,429 | -€961 | €8,439 | €15,046 | -€2,653 | -€10,324 | -€8,642 | ▲ 16.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.1m | €2.2m | €2.2m | €2.2m | €2.2m | €1.9m | €1.9m | €1.9m | ▼ 1.0% |
| Fixed assets21/28 | €1.9m | €2.0m | €2.0m | €1.9m | €1.9m | €1.9m | €1.9m | €1.9m | ▼ 1.1% |
| Tangible fixed assets22/27 | €0.1m | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 17.0% |
| Land and buildings22 | - | - | - | €0.2m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 17.0% |
| Plant, machinery and equipment23 | - | - | - | €0.001m | - | - | - | - | - |
| Financial fixed assets28 | €1.8m | €1.8m | €1.8m | €1.8m | €1.8m | €1.8m | €1.7m | €1.7m | = |
| Current assets29/58 | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | €0.05m | €0.01m | €0.01m | ▲ 34.4% |
| Amounts receivable after more than one year29 | - | - | - | - | - | - | €0.007m | €0.01m | ▲ 37.1% |
| Other amounts receivable291 | - | - | - | - | - | - | €0.007m | €0.01m | ▲ 37.1% |
| Amounts receivable within one year40/41 | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | €0.05m | - | €0.002m | - |
| Trade receivables40 | - | - | - | €0.02m | €0.02m | €0 | - | €0.002m | - |
| Other amounts receivable41 | - | - | - | €0.2m | €0.3m | €0.05m | - | - | - |
| Cash at bank and in hand54/58 | €213 | €0.001m | €87 | €0.001m | €94 | €0.001m | €0.001m | €0.001m | ▲ 140% |
| Deferred charges and accrued income490/1 | - | - | - | - | €0.003m | €0.002m | €0.003m | €0.001m | ▼ 74.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.1m | €2.2m | €2.2m | €2.2m | €2.2m | €1.9m | €1.9m | €1.9m | ▼ 1.0% |
| Equity10/15 | €2.1m | €2.1m | €2.1m | €2.1m | €1.8m | €1.8m | €1.8m | €1.7m | ▼ 0.5% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.1m | €0.04m | €0.1m | €0.1m | €1.7m | €1.7m | €1.7m | €1.7m | = |
| Non-distributable reserves130/1 | - | - | - | €0.07m | €0.07m | €0.006m | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | - | €0.07m | €0.07m | €0.006m | €0.006m | €0.006m | = |
| Tax-exempt reserves132 | - | - | - | €0.005m | €0.005m | €0.005m | €0.005m | €0.005m | = |
| Distributable reserves133 | - | - | - | €0.03m | €1.6m | €1.7m | €1.7m | €1.7m | = |
| Profit (loss) carried forward14 | €1.9m | €1.9m | €1.9m | €1.9m | €0.04m | €0.05m | €0.04m | €0.03m | ▼ 24.7% |
| Amounts payable17/49 | €0.03m | €0.1m | €0.1m | €0.1m | €0.4m | €0.2m | €0.1m | €0.1m | ▼ 7.3% |
| Amounts payable after more than one year17 | - | €0.09m | €0.08m | €0.07m | €0.06m | €0.05m | €0.06m | €0.04m | ▼ 23.6% |
| Financial debts170/4 | - | - | - | €0.07m | €0.06m | €0.05m | €0.06m | €0.04m | ▼ 23.6% |
| Amounts payable within one year42/48 | €0.03m | €0.04m | €0.02m | €0.05m | €0.3m | €0.1m | €0.06m | €0.07m | ▲ 12.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.03m | €0.03m | €0.01m | €0.05m | €0.04m | ▼ 16.6% |
| Financial debts43 | - | - | - | - | - | - | €271 | - | - |
| Credit institutions430/8 | - | - | - | - | - | - | €271 | - | - |
| Trade debts44 | €0.01m | €0.02m | €0.001m | €0.001m | €0.001m | €0.04m | €0.001m | €0.002m | ▲ 96.2% |
| Suppliers440/4 | - | - | - | €0.001m | €0.001m | €0.04m | €0.001m | €0.002m | ▲ 96.2% |
| Taxes, remuneration and social security45 | - | - | - | €0.003m | €0.008m | €0 | - | - | - |
| Taxes450/3 | - | - | - | €0.003m | €0.008m | €0 | - | - | - |
| Other amounts payable47/48 | - | - | - | €0.01m | €0.3m | €0.06m | €0.02m | €0.03m | ▲ 98.6% |
| Accrued charges and deferred income492/3 | - | - | - | - | €0.003m | €302 | €0.004m | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33,164 | -€21,429 | -€961 | €8,439 | €15,046 | -€2,653 | -€10,324 | -€8,642 | ▲ 16.3% |
| + Depreciation and write-downs630 | €3,402 | €18,253 | €18,253 | €18,300 | €23,341 | €23,437 | €23,788 | €21,401 | ▼ 10.0% |
| Operating cash flow (approximation) | €36,565 | -€3,176 | €17,292 | €26,739 | €38,387 | €20,784 | €13,464 | €12,758 | ▼ 5.2% |
| Investment in fixed assets (approximation) | - | -€102,352 | €0 | €3,626 | €5,000 | €536 | -€14,500 | €0 | - |
| Change in cash | - | €419 | -€545 | €955 | -€949 | €860 | -€438 | €724 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 46 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 30-09-2026 | 2026-00544627 | NBB |
| 31-12-2024 | full format | 21-08-2025 | 2025-00388014 | |
| 31-12-2023 | full format | 25-06-2024 | 2024-00157022 | |
| 31-12-2022 | full format | 31-08-2023 | 2023-00385539 | |
| 31-12-2021 | full format | 30-09-2022 | 2022-20454680 | |
| 31-12-2020 | full format | 27-09-2021 | 2021-68700132 | |
| 31-12-2019 | full format | 31-10-2020 | 2020-67000456 | |
| 31-12-2018 | full format | 30-08-2019 | 2019-57800504 | |
| 31-12-2017 | micro format | 31-07-2018 | 2018-41800462 | |
| 31-12-2016 | full format | 03-07-2017 | 2017-26300138 |
Board & ownership
Directors
Board 3
Permanent representatives 1
Owners and capital
Shareholders
1 ownerChain of control
- AB MECA INVEST
- Fabre
Owners 1
- AB MECA INVESTparentEquity €981,260 Profit of €36,789 in 2025 (profit of €64,904 in 2024)100%
Capital transactions
- 05-01-2024 Capital stated in the deed · €61,500 · 3,000 shares
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| AB MECA INVEST |
|
| ABRASSART Stéphane |
|
| ABRASSART Victoria |
|
| ABRASSART Eleanor |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “3, six ans”
Articles of association, deed of 05-01-2024 (in French)
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- Etablissements BaisesubsidiaryEquity €964,718 Profit of €30,962 in 2025 (loss of €114,158 in 2024) Checked score 82100%
Connections & network
1 connected companyThe connected companies are in the list below.
Timeline
Acts, filings and financial milestones
05-01
Gazette deed
Resignation: ABRASSART Eleanor (director)Appointment: ABRASSART Stéphane (director) · Reappointments: AB MECA INVEST (director) and ABRASSART Victoria (director) · Permanent representative: ABRASSART Eleanor14 points ▸
- General meeting, 14-12-2023
- Other provision, 01-01-2020, “applicabilité impérative du C.S.A.” (deed in French)
- Amendment of the articles, mentioned 2 times in the deed
- Capital, €61,500
- Director resignation, ABRASSART Eleanor (director)
- Director discharge, ABRASSART Eleanor
- Director appointment, ABRASSART Stéphane (director)
- Director reappointment, AB MECA INVEST (director)
- Permanent representative, ABRASSART Eleanor
- Director reappointment, ABRASSART Victoria (director)
- Board meeting, “aussi longtemps que mandat d'administrateur, désigner administrateur-délégué et Président du Conseil d'Administration” (deed in French)
- Registered office clause, “Région Wallonne, 7300 BOUSSU, rue Jules Bonaventure”, 63 (deed in French)
- The act holds 2 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
6 activities
- Toutes opérations immobilières généralement quelconques matérielles et juridiques,notamment la construction,la vente,l’achat,la location,le leasing,la transaction,le courtage,etc…
- Toute opération immobilière généralement quelconque
- Être intermédiaire commerciale et gérer tout patrimoine immobilier
- Toute opération généralement quelconque,commerciale,industrielle,financière,mobilière ou immobilière ayant un rapport direct ou indirect avec son objet social ou de nature à favoriser la réalisation et le développement
- S'intéresser,par toute voie (apport,souscription,cession de participation,intervention financière,fusion,etc.) dans toute affaire,société,entreprise ou association,tant en Belgique qu'à l'étranger
- Exercer les fonctions d'administrateur ou de liquidateur dans d'autres sociétés
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 53014A0551/00P000 | Wallonia | 596 m² | 1 · 151 m² | 12.2 m · 3 |
| 53014A0550/00S000 | Wallonia | 244 m² | 1 · 94 m² | 9.1 m · 3 |