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Het Abtshof

Active
Cooperative companyfounded 2017active for 8 yearsThewitstraat 17, 3891 Gingelom, BelgiumKBO/BCE: BE 0683.683.417
Summary

Het Abtshof has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.6m and a net result of -€30,016. Equity is growing by about 26% per year across the filed financial years. Its solvency ranks better than 85% of 16,782 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€2.6m▲ 5.6%
2024 · €2.5m
Total assets
€3.4m▲ 2.7%
2024 · €3.3m
Net result
-€30,016▼ 199%
2024 · -€10,029
Working capital
€258,840▼ 35.1%
2024 · €398,991
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €21,605 in 2025 against €1,020 in 2024; the loss grows and 2025 has the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€0.02m 2025 Net result-€0.03m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. 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 financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€0.08m--€0.04m▲ 56.7%-€0.01m▲ 61.3%€0.001m€0.007m▲ 1,083%-€0.01m-€0.001m▲ 92.6%-€0.02m▼ 2,019%
Net result-€0.08m--€0.04m▲ 56.7%-€0.01mbelow the sector's middle half▲ 61.9%-€0.007mwithin the sector's middle half▲ 53.1%€0.001mwithin the sector's middle half-€0.02mbelow the sector's middle half-€0.01mwithin the sector's middle half▲ 53.1%-€0.03mbelow the sector's middle half▼ 199%
Equity€0.6m-€0.6m▼ 5.6%€0.8mabove the sector's middle half▲ 27.5%€0.9mabove the sector's middle half▲ 18.1%€1.7mabove the sector's middle half▲ 91.1%€2.2mabove the sector's middle half▲ 26.7%€2.5mabove the sector's middle half▲ 16.0%€2.6mabove the sector's middle half▲ 5.6%
Total assets€0.6m-€0.6m▼ 5.6%€0.8mwithin the sector's middle half▲ 41.1%€1.3mabove the sector's middle half▲ 56.9%€2.3mabove the sector's middle half▲ 77.7%€3.0mabove the sector's middle half▲ 27.2%€3.3mabove the sector's middle half▲ 10.6%€3.4mabove the sector's middle half▲ 2.7%
Debt€8-€1▼ 87.3%€0.08m▲ 8,039,262%€0.4m▲ 421%€0.6m▲ 49.2%€0.8m▲ 28.6%€0.8m▼ 3.8%€0.7m▼ 6.7%
Working capital€0.1m-€0.07m▼ 35.1%€0.2mabove the sector's middle half▲ 173%€0.04mwithin the sector's middle half▼ 78.5%€0.6mabove the sector's middle half▲ 1,331%€0.6mabove the sector's middle half▼ 2.3%€0.4mabove the sector's middle half▼ 31.8%€0.3mabove the sector's middle half▼ 35.1%
Solvency100.0%-100.0%=90.4%above the sector's middle half▼ 9.6pp68.1%above the sector's middle half▼ 22.3pp73.2%above the sector's middle half▲ 5.1pp72.9%above the sector's middle half▼ 0.3pp76.4%above the sector's middle half▲ 3.5pp78.6%above the sector's middle half▲ 2.2pp
Current ratio30.37above the sector's middle half1.67within the sector's middle half▼ 28.7113.35above the sector's middle half▲ 11.699.62above the sector's middle half▼ 3.747.51above the sector's middle half▼ 2.117.29above the sector's middle half▼ 0.22
Return on assets (ROA)-13.5%--6.2%▲ 7.3pp-1.7%within the sector's middle half▲ 4.5pp-0.5%within the sector's middle half▲ 1.2pp0.0%within the sector's middle half▲ 0.5pp-0.7%within the sector's middle half▼ 0.8pp-0.3%within the sector's middle half▲ 0.4pp-0.9%within the sector's middle half▼ 0.6pp
above within below the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.4m
Fixed assets €3.1m ▲ 8.9%
Current assets €299,973 ▼ 34.8%
Equity and liabilities €3.4m
Equity €2.6m ▲ 5.6%
Debt €721,840 ▼ 6.7%
Debt's share of the balance-sheet total falls from 23.6% to 21.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€62,060▲
2024 · €49,861
Cash flow
€53,649▲
2024 · €40,852
Debt to equity
0.27▼
2024 · 0.31
ROE
-1.1%▼
2024 · -0.4%
Interest coverage
5.37▲
2024 · 3.24
Debt ≤ 1 year
€41,133▼
2024 · €61,267
Debt > 1 year
€672,378▼
2024 · €703,665
Income taxes
-€20▼
2024 · €137
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 929 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 92.8% are still going.

  • Small
  • 5 to 10 years old
  • solvency 30% or more
  • a small loss
1.7% went bankrupt
5.5% stopped otherwise
92.8% still going

For this company itself Checked computes a lower bankruptcy probability: < 0.1% 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 497,474 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 74.5% 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 929 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 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€3.3m€3.4m▲
Fixed assets21/28€2.8m€3.1m▲
Tangible fixed assets22/27€2.8m€3.1m▲
Land and buildings22€2.7m€2.9m▲
Plant, machinery and equipment23€0.004m€0.003m▼
Furniture and vehicles24€0.006m€0.004m▼
Assets under construction and advance payments27€0.1m€0.1m▲
Financial fixed assets28€250€250=
Current assets29/58€0.5m€0.3m▼
Amounts receivable within one year40/41€0.01m€0.004m▼
Trade receivables40€0.007m€0.001m▼
Other amounts receivable41€0.005m€0.003m▼
Current investments50/53€0.3m€0▼
Cash at bank and in hand54/58€0.1m€0.3m▲
Deferred charges and accrued income490/1€0.006m€0.005m▼
Equity and liabilities
Total equity and liabilities10/49€3.3m€3.4m▲
Equity10/15€2.5m€2.6m▲
Contributions10/11€2.7m€2.9m▲
Profit (loss) carried forward14-€0.2m-€0.2m▼
Amounts payable17/49€0.8m€0.7m▼
Amounts payable after more than one year17€0.7m€0.7m▼
Financial debts170/4€0.7m€0.7m▼
Amounts payable within one year42/48€0.06m€0.04m▼
Current portion of amounts payable after more than one year42€0.03m€0.03m▲
Trade debts44€0.03m€0.008m▼
Suppliers440/4€0.03m€0.008m▼
Taxes, remuneration and social security45€0.004m€0.002m▼
Taxes450/3€0.004m€0.002m▼
Other amounts payable47/48-€54
Accrued charges and deferred income492/3€0.009m€0.008m▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.05m€0.08m▲
Other operating charges640/8€0.005m€0.005m▼
Gross operating margin9900€0.05m€0.07m▲
Operating profit (loss)9901-€0.001m-€0.02m▼
Financial income75/76B€0.007m€0.005m▼
Recurring financial income75€0.007m€0.005m▼
Financial charges65/66B€0.02m€0.01m▼
Recurring financial charges65€0.02m€0.01m▼
Non-recurring financial charges66B-€0.002m
Profit (loss) for the period before taxes9903-€0.01m-€0.03m▼
Income taxes67/77€137-€20▼
Profit (loss) for the period9904-€0.01m-€0.03m▼
Profit (loss) for the period to be appropriated9905-€0.01m-€0.03m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€0.2m-€0.2m▼
Profit (loss) brought forward from the previous period14P-€0.2m-€0.2m▼

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56,374€6,467€7,803€11,067€10,621€41,333€50,881€83,665▲ 64.4%
Other operating charges640/8---€1,126€1,388€4,503€4,974€4,629▼ 6.9%
Gross operating margin9900-€24,522-€29,111-€5,297€12,803€19,226€32,105€54,835€66,688▲ 21.6%
Operating profit (loss)9901-€84,442-€36,594-€14,176€610€7,217-€13,730-€1,020-€21,605▼ 2,019%
Financial income75/76B---€10€9€73€6,533€4,621▼ 29.3%
Recurring financial income75€93€0€256€10€9€73€6,533€4,621▼ 29.3%
Financial charges65/66B---€7,169€6,370€7,735€15,405€13,052▼ 15.3%
Recurring financial charges65€273€40€50€7,169€6,370€7,735€15,405€11,549▼ 25.0%
Non-recurring financial charges66B-------€1,503-
Profit (loss) for the period before taxes9903-€84,622-€36,634-€13,970-€6,549€856-€21,392-€9,892-€30,036▼ 204%
Income taxes67/77€1--€5-€3€0€137-€20-
Profit (loss) for the period9904-€84,623-€36,634-€13,970-€6,554€859-€21,392-€10,029-€30,016▼ 199%
Profit (loss) for the period to be appropriated9905-€84,623-€36,634-€13,970-€6,554€859-€21,392-€10,029-€30,016▼ 199%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€0.6m€0.6m€0.8m€1.3m€2.3m€3.0m€3.3m€3.4m▲ 2.7%
Formation expenses20€0.001m€0.001m€405€174€0----
Fixed assets21/28€0.5m€0.5m€0.6m€1.2m€1.7m€2.3m€2.8m€3.1m▲ 8.9%
Tangible fixed assets22/27€0.5m€0.5m€0.6m€1.2m€1.7m€2.3m€2.8m€3.1m▲ 8.9%
Land and buildings22---€0.6m€1.6m€1.6m€2.7m€2.9m▲ 8.6%
Plant, machinery and equipment23---€0.009m€0.006m€0.006m€0.004m€0.003m▼ 22.4%
Furniture and vehicles24---€0.007m€0.006m€0.007m€0.006m€0.004m▼ 21.2%
Assets under construction and advance payments27---€0.6m€0.07m€0.7m€0.1m€0.1m▲ 19.3%
Financial fixed assets28€250€250€250€250€250€250€250€250=
Current assets29/58€0.1m€0.07m€0.2m€0.1m€0.6m€0.7m€0.5m€0.3m▼ 34.8%
Amounts receivable within one year40/41€0.004m-€2€0.006m€0.02m€115€0.01m€0.004m▼ 67.3%
Trade receivables40----€0.01m€0€0.007m€0.001m▼ 87.0%
Other amounts receivable41---€0.006m€0.006m€115€0.005m€0.003m▼ 41.9%
Current investments50/53------€0.3m€0▼ 100%
Cash at bank and in hand54/58€0.1m€0.07m€0.2m€0.1m€0.6m€0.6m€0.1m€0.3m▲ 104%
Deferred charges and accrued income490/1---€0.002m€0.005m€0.003m€0.006m€0.005m▼ 6.6%
Equity and liabilities
Total equity and liabilities10/49€0.6m€0.6m€0.8m€1.3m€2.3m€3.0m€3.3m€3.4m▲ 2.7%
Equity10/15€0.6m€0.6m€0.8m€0.9m€1.7m€2.2m€2.5m€2.6m▲ 5.6%
Contributions10/11€0.7m€0.7m-€1.0m€1.8m€2.3m€2.7m€2.9m▲ 6.4%
Profit (loss) carried forward14-€0.08m-€0.1m-€0.1m-€0.1m-€0.1m-€0.2m-€0.2m-€0.2m▼ 17.4%
Amounts payable17/49€8€1€0.08m€0.4m€0.6m€0.8m€0.8m€0.7m▼ 6.7%
Amounts payable after more than one year17--€0.07m€0.4m€0.6m€0.7m€0.7m€0.7m▼ 4.4%
Financial debts170/4---€0.4m€0.6m€0.7m€0.7m€0.7m▼ 4.4%
Amounts payable within one year42/48€8€1€0.007m€0.06m€0.05m€0.07m€0.06m€0.04m▼ 32.9%
Current portion of amounts payable after more than one year42---€0.008m€0.03m€0.03m€0.03m€0.03m▲ 1.0%
Trade debts44€8€1€0.005m€0.05m€0.02m€0.04m€0.03m€0.008m▼ 70.5%
Suppliers440/4---€0.05m€0.02m€0.04m€0.03m€0.008m▼ 70.5%
Taxes, remuneration and social security45---€0.001m€23€0.001m€0.004m€0.002m▼ 47.8%
Taxes450/3---€0.001m€23€0.001m€0.004m€0.002m▼ 47.8%
Other amounts payable47/48---€42€0--€54-
Accrued charges and deferred income492/3---€0.006m€0.001m€0.001m€0.009m€0.008m▼ 4.7%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€84,623-€36,634-€13,970-€6,554€859-€21,392-€10,029-€30,016▼ 199%
+ Depreciation and write-downs630€56,374€6,467€7,803€11,067€10,621€41,333€50,881€83,665▲ 64.4%
Operating cash flow (approximation)-€28,249-€30,167-€6,167€4,513€11,480€19,940€40,852€53,649▲ 31.3%
Investment in fixed assets (approximation)--€10,321-€121,236-€584,157-€486,472-€670,155-€559,333-€333,287▲ 40.4%
Change in cash--€34,858€130,790-€105,472€530,690€22,800-€507,549€148,388-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (8)
Financial year Type Filed Reference
31-12-2025 micro format 24-06-2026 2026-00193430
31-12-2024 micro format 26-06-2025 2025-00188956
31-12-2023 micro format 26-06-2024 2024-00172949
31-12-2022 micro format 28-06-2023 2023-00175932
31-12-2021 micro format 11-07-2022 2022-20169251
31-12-2020 micro format 28-06-2021 2021-26300353
31-12-2019 micro format 26-06-2020 2020-21800481
31-12-2018 micro format 22-07-2019 2019-37000442

Similar companies · same sector, comparable size

Of the 9,059 active companies whose main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201), figures are known for 6,748. 3,948 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2024 · 1 entry · €414 awarded · €414 paid
Schemes
1 entry · €414 · €414 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.