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ABCURÉ

Active
Private limited companyfounded 198937 years activeVeldstraat 88, 9000 Gent, BelgiumKBO/BCE: BE 0438.201.161
Summary

The computed 12-month bankruptcy probability of ABCURÉ is 3.6% (moderate). The 2025 annual accounts show negative equity (-€52,168) and a net result of -€17,069. Equity is shrinking by ~91.2% per year across the filed fiscal years. Its solvency ranks better than 9% of 1,119 sector peers (NACE 18, fiscal year 2025). The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Printing and reproduction of recorded media
NACE 18110
1 site
Size
€73,857total assets 2025
Equity
-€52,168
Loss
-€17,069
Turnover not published (abridged schema)
Financial health
47 Fair Checked score 2025
Bankruptcy probability, 12 months
3.6%
Structure
Parent
COSY · 100%
Board
1 member
Accounts 6 days early1 of 4 deeds read
Why 47- Loss of €17,069, the second in a row (FY 2025)- Sector Printing and reproduction of recorded media (NACE 18)- 1 change of registered office in 24 months+ Size: total assets €73,857Show the evidence

Checked score

Score 2025
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 6% of its sector peers (NACE 18, micro)
Financial strength · tick = 2024
Weak
Solvency 0=
equity -70.6% of total assets
Liquidity 0=
short-term debt 163.4%
Profitability 0=
return on assets -23.1%
Bankruptcy probability, 12 months
3.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (1,609 companies)
Last 24 months 11-2024: 6.2% 12-2024: 6.2%● unchanged vs 11-2024 01-2025: 6.4%▲ +0.2 percentage points vs 12-2024 02-2025: 6.7%▲ +0.3 percentage points vs 01-2025 03-2025: 7.1%▲ +0.4 percentage points vs 02-2025 04-2025: 7.4%▲ +0.3 percentage points vs 03-2025highest value 05-2025: 4.9%▼ -2.5 percentage points vs 04-2025 06-2025: 4.9%● unchanged vs 05-2025 07-2025: 4.9%● unchanged vs 06-2025 08-2025: 4.9%● unchanged vs 07-2025 09-2025: 4.9%● unchanged vs 08-2025 10-2025: 4.9%● unchanged vs 09-2025 11-2025: 4.9%● unchanged vs 10-2025 12-2025: 4.9%● unchanged vs 11-2025 01-2026: 5.0%▲ +0.1 percentage points vs 12-2025 02-2026: 5.3%▲ +0.3 percentage points vs 01-2026 03-2026: 5.6%▲ +0.3 percentage points vs 02-2026 04-2026: 5.9%▲ +0.3 percentage points vs 03-2026 05-2026: 3.6%▼ -2.3 percentage points vs 04-2026lowest value 06-2026: 3.6%● unchanged vs 05-2026lowest value 07-2026: 3.6%● unchanged vs 06-2026lowest value 08-2026: 3.6%● unchanged vs 07-2026lowest value 09-2026: 3.6%● unchanged vs 08-2026lowest value 10-2026: 3.6%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity short (current ratio 0.25 against 0.31 in 2024; short-term debt: 163.4% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (NACE 18, micro): better than 6% on solvency, 1% on liquidity, 6% on profitability and 10% on growth.

The bankruptcy probability was computed on 07-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €73,857
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €17,069, the second in a row (FY 2025)
NBB · annual accounts
raises risk · Sector Printing and reproduction of recorded media (NACE 18)
KBO
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
192122232425
2019 to 2025 · latest year -€52,168
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-04-2026, 6 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
6 days early
2024
30 days early
2023
1 day early
2022
130 days late
2021
495 days late
2019
14 days early
2016
85 days 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 94 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 30 April (4 of the last 5 filed years within 130 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close07-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Resignations: Kathelijne CURÉ (director) and Silvano…Appointment: COSY (director) · Permanent…
  2. Annual accounts filedfiscal year 2025 · micro…
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€52,168 View
  • Risk: 3 loss-making years in a rowloss fiscal year 2025 -€17,069 View
  • Caution: Among the weakest 7% on equitysector median €64,502 · 1,120 companies -€52,168 View
  • Caution: Board changedlatest change 22-07-2026 · 1 in office 1 joined · 2 left View
  • Controlled by COSY 100% View

By topic

Financials

Fiscal year
2025
Total assets
€73,857
Loss
-€17,069
Solvency
-70.6%
Total assets▼ 14.6%
Net result
20192025
Go to Financials

Timeline

Events
13
Since
2014
Next accounts
by 30-04-2027
  1. 29-04-2024Annual accounts filed
  2. 30-09-2023Weakest financial year
  3. 07-09-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Printing and reproduction of recorded mediaNACE 18110
Founded
01-09-1989
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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