ABCO
ActiveSummary
ABCO has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.24M and a net result of €30k. Equity is growing by ~10% per year across the filed fiscal years. Its solvency ranks better than 70% of 1208 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability54▲+3
Solvency85▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160k at 30 days acceptable
Liquidity ample (current ratio 4.26 against 3.1 in 2024; short-term debt: 3.1% and cash: 11.1% of total assets), and 39.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
60.1%
Return on assets
0.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
29 d early
2023
30 d late
2022
56 d early
2021
45 d early
2020
24 d early
2019
67 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.24M▲ 1.4%
2024 · €2.21M
2018: €1.17Mlowest in 8 years
2019: €1.18M▲ +0.5% vs 2018
2020: €1.19M▲ +1.2% vs 2019
2021: €1.61M▲ +35.3% vs 2020
2022: €2.14M▲ +33.1% vs 2021
2023: €2.18M▲ +1.8% vs 2022
2024: €2.21M▲ +1.1% vs 2023
2025: €2.24M▲ +1.4% vs 2024highest in 8 years
2018 → 2025
Total assets
€3.72M▲ 3.2%
2024 · €3.61M
2018: €1.86Mlowest in 8 years
2019: €1.95M▲ +4.6% vs 2018
2020: €1.90M▼ -2.7% vs 2019
2021: €2.49M▲ +31.3% vs 2020
2022: €2.80M▲ +12.5% vs 2021
2023: €3.13M▲ +11.9% vs 2022
2024: €3.61M▲ +15.1% vs 2023
2025: €3.72M▲ +3.2% vs 2024highest in 8 years
2018 → 2025
Net result
€30k▲ 21.7%
2024 · €25k
2018: €136k
2019: €6k▼ -95.3% vs 2018lowest in 8 years
2020: €14k▲ +116% vs 2019
2021: €420k▲ +2980% vs 2020
2022: €534k▲ +27.0% vs 2021highest in 8 years
2023: €39k▼ -92.7% vs 2022
2024: €25k▼ -36.1% vs 2023
2025: €30k▲ +21.7% vs 2024
2018 → 2025
Working capital
€372k▲ 119%
2024 · €170k
2018: €-167k
2019: €-180k▼ -8.1% vs 2018
2020: €-206k▼ -13.9% vs 2019lowest in 8 years
2021: €35k▲ +117% vs 2020
2022: €580k▲ +1563% vs 2021
2023: €1.22M▲ +111% vs 2022highest in 8 years
2024: €170k▼ -86.1% vs 2023
2025: €372k▲ +119% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.61M-€2.14M▲ 33.1%€2.18M▲ 1.8%€2.21M▲ 1.1%€2.24M▲ 1.4%
2021: €1.61Mlowest in 5 years
2022: €2.14M▲ +33.1% vs 2021
2023: €2.18M▲ +1.8% vs 2022
2024: €2.21M▲ +1.1% vs 2023
2025: €2.24M▲ +1.4% vs 2024highest in 5 years
Operating result€574k-€740k▲ 29.0%€56k▼ 92.4%€80k▲ 42.6%€99k▲ 24.3%
2021: €574k
2022: €740k▲ +29.0% vs 2021highest in 5 years
2023: €56k▼ -92.4% vs 2022lowest in 5 years
2024: €80k▲ +42.6% vs 2023
2025: €99k▲ +24.3% vs 2024
Net result€420k-€534k▲ 27.0%€39k▼ 92.7%€25k▼ 36.1%€30k▲ 21.7%
2021: €420k
2022: €534k▲ +27.0% vs 2021highest in 5 years
2023: €39k▼ -92.7% vs 2022
2024: €25k▼ -36.1% vs 2023lowest in 5 years
2025: €30k▲ +21.7% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 24% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.72M
Fixed assets
€3.24M ▼ 3.5%
Current assets
€486k ▲ 93.9%
Equity and liabilities €3.72M
Equity
€2.24M ▲ 1.4%
Debt
€1.49M ▲ 6.2%
Debt's share of the balance-sheet total rises from 38.8% to 39.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€218k▲
2024 · €161k
Cash flow
€149k▲
2024 · €106k
Current ratio
4.26▲
2024 · 3.10
Debt to equity
0.66▲
2024 · 0.63
ROE
1.4%▲
2024 · 1.1%
ROA
0.8%▲
2024 · 0.7%
Interest coverage
4.07▲
2024 · 3.72
Debt ≤ 1 year
€114k▲
2024 · €81k
Debt > 1 year
€1.37M▲
2024 · €1.32M
Income taxes
€16k▲
2024 · €15k
Staff costs
€207k▲
2024 · €185k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.61M€3.72M▲
Fixed assets21/28€3.36M€3.24M▼
Tangible fixed assets22/27€3.36M€3.24M▼
Land and buildings22€3.28M€3.18M▼
Furniture and vehicles24€78k€55k▼
Current assets29/58€250k€486k▲
Amounts receivable within one year40/41€125k€71k▼
Trade receivables40€23k€49k▲
Other amounts receivable41€102k€22k▼
Cash at bank and in hand54/58€126k€412k▲
Deferred charges and accrued income490/1€0€3k▲
Equity and liabilities
Total equity and liabilities10/49€3.61M€3.72M▲
Equity10/15€2.21M€2.24M▲
Contributions10/11€74k€74k=
Capital10€74k€74k=
Issued capital100€74k€74k=
Reserves13€2.13M€2.16M▲
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Distributable reserves133€2.13M€2.16M▲
Amounts payable17/49€1.40M€1.49M▲
Amounts payable after more than one year17€1.32M€1.37M▲
Other amounts payable178/9€1.32M€1.37M▲
Amounts payable within one year42/48€81k€114k▲
Trade debts44€4k€69k▲
Suppliers440/4€4k€69k▲
Taxes, remuneration and social security45€76k€45k▼
Taxes450/3€44k€11k▼
Remuneration and social security454/9€32k€34k▲
Other amounts payable47/48€811€60▼
Accrued charges and deferred income492/3€0€714▲
Income statement
Code20242025
Remuneration, social security and pensions62€185k€207k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€81k€118k▲
Other operating charges640/8€40k€48k▲
Gross operating margin9900€385k€473k▲
Operating profit (loss)9901€80k€99k▲
Financial income75/76B€4k€782▼
Recurring financial income75€4k€782▼
Financial charges65/66B€43k€53k▲
Recurring financial charges65€43k€53k▲
Profit (loss) for the period before taxes9903€40k€47k▲
Income taxes67/77€15k€16k▲
Profit (loss) for the period9904€25k€30k▲
Profit (loss) for the period to be appropriated9905€25k€30k▲
Appropriation of the result
Profit (loss) to be appropriated9906€25k€30k▲
Transfer to equity691/2€25k€30k▲
To other reserves6921€25k€30k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €113k | €161k | €171k | €185k | €207k | ▲ 12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12k | €15k | €20k | €81k | €118k | ▲ 45.9% |
| Other operating charges640/8 | €29k | €32k | €40k | €40k | €48k | ▲ 20.9% |
| Non-recurring operating charges66A | - | €62 | - | - | - | - |
| Gross operating margin9900 | €728k | €948k | €287k | €385k | €473k | ▲ 22.8% |
| Operating profit (loss)9901 | €574k | €740k | €56k | €80k | €99k | ▲ 24.3% |
| Financial income75/76B | - | - | €5k | €4k | €782 | ▼ 78.5% |
| Recurring financial income75 | - | - | €5k | €4k | €782 | ▼ 78.5% |
| Financial charges65/66B | €6k | €11k | €4k | €43k | €53k | ▲ 23.6% |
| Recurring financial charges65 | €6k | €11k | €4k | €43k | €53k | ▲ 23.6% |
| Profit (loss) for the period before taxes9903 | €568k | €730k | €56k | €40k | €47k | ▲ 15.8% |
| Income taxes67/77 | €147k | €196k | €17k | €15k | €16k | ▲ 6.2% |
| Profit (loss) for the period9904 | €420k | €534k | €39k | €25k | €30k | ▲ 21.7% |
| Profit (loss) for the period to be appropriated9905 | €420k | €534k | €39k | €25k | €30k | ▲ 21.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.49M | €2.80M | €3.13M | €3.61M | €3.72M | ▲ 3.2% |
| Fixed assets21/28 | €1.58M | €1.56M | €1.64M | €3.36M | €3.24M | ▼ 3.5% |
| Tangible fixed assets22/27 | €1.58M | €1.56M | €1.64M | €3.36M | €3.24M | ▼ 3.5% |
| Land and buildings22 | €1.56M | €1.55M | €1.54M | €3.28M | €3.18M | ▼ 2.9% |
| Furniture and vehicles24 | €15k | €15k | €101k | €78k | €55k | ▼ 29.7% |
| Current assets29/58 | €914k | €1.24M | €1.49M | €250k | €486k | ▲ 93.9% |
| Amounts receivable within one year40/41 | €308k | €163k | €126k | €125k | €71k | ▼ 43.1% |
| Trade receivables40 | €25k | €2k | €13k | €23k | €49k | ▲ 113% |
| Other amounts receivable41 | €283k | €160k | €112k | €102k | €22k | ▼ 78.7% |
| Cash at bank and in hand54/58 | €605k | €1.08M | €1.36M | €126k | €412k | ▲ 228% |
| Deferred charges and accrued income490/1 | €806 | - | €5k | €0 | €3k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.49M | €2.80M | €3.13M | €3.61M | €3.72M | ▲ 3.2% |
| Equity10/15 | €1.61M | €2.14M | €2.18M | €2.21M | €2.24M | ▲ 1.4% |
| Contributions10/11 | €74k | €74k | €74k | €74k | €74k | = |
| Capital10 | €74k | €74k | €74k | €74k | €74k | = |
| Issued capital100 | €74k | €74k | €74k | €74k | €74k | = |
| Reserves13 | €1.54M | €2.07M | €2.11M | €2.13M | €2.16M | ▲ 1.4% |
| Non-distributable reserves130/1 | €7k | €7k | €7k | €7k | €7k | = |
| Legal reserve130 | €7k | €7k | €7k | €7k | €7k | = |
| Distributable reserves133 | €1.53M | €2.06M | €2.10M | €2.13M | €2.16M | ▲ 1.4% |
| Amounts payable17/49 | €879k | €658k | €951k | €1.40M | €1.49M | ▲ 6.2% |
| Amounts payable after more than one year17 | - | - | €677k | €1.32M | €1.37M | ▲ 4.0% |
| Other amounts payable178/9 | - | - | €677k | €1.32M | €1.37M | ▲ 4.0% |
| Amounts payable within one year42/48 | €879k | €658k | €272k | €81k | €114k | ▲ 41.1% |
| Trade debts44 | €581k | €366k | €28k | €4k | €69k | ▲ 1,777% |
| Suppliers440/4 | €581k | €366k | €28k | €4k | €69k | ▲ 1,777% |
| Taxes, remuneration and social security45 | €62k | €216k | €242k | €76k | €45k | ▼ 40.7% |
| Taxes450/3 | €47k | €196k | €218k | €44k | €11k | ▼ 75.3% |
| Remuneration and social security454/9 | €14k | €20k | €25k | €32k | €34k | ▲ 7.6% |
| Other amounts payable47/48 | €237k | €76k | €1k | €811 | €60 | ▼ 92.6% |
| Accrued charges and deferred income492/3 | - | - | €3k | €0 | €714 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €420k | €534k | €39k | €25k | €30k | ▲ 21.7% |
| + Depreciation and write-downs630 | €12k | €15k | €20k | €81k | €118k | ▲ 45.9% |
| Operating cash flow (approximation) | €432k | €549k | €59k | €106k | €149k | ▲ 40.2% |
| Investment in fixed assets (approximation) | - | €-4k | €-95k | €-1.80M | €0 | ▲ 100% |
| Change in cash | - | €470k | €289k | €-1.24M | €286k | ▲ 123% |
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
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 5.50
Current ratio from 1.88 to 5.50; short-term debt falls from €658k to €272k.
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €534k ▲27%
Operating result €740k, net result €534k, both a record.
31-12
Financial
Equity above €2MEq €2.14M ▲33.1%
5 profitable years in a row build equity to €2.14M.
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €6k ▼95.3%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Peer · 1 establishment unit since 1998
Ground area
1.0 ha
Building footprint
954 m²
Volume, LiDAR
7,392 m³
2 parcels, Flanders · tallest building 14.9 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Europark 2042, 3530 Houthalen-Helchteren
since 19982.029.410.343
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72015D0832/00F000 | Flanders | 5,209 m² | 1 · 248 m² | 8.7 m · 2 fl. |
| 72010A0151/00S003 | Flanders | 5,038 m² | 1 · 706 m² | 14.9 m · 3 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 2,244 EUR awarded · 2,244 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,244 EUR | 2,244 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,281 companies in sector 81100 we hold annual accounts for 678. 351 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded12-06-1987
Fiscal year end31-12
Activities, NACEBEL 2025
46872Wholesale trade
81100Combined facilities support activities
38110Waste collection, recovery and disposal activities
38210Materials recovery from waste
73200Market research and public opinion polling
Scores and ratios are computed by Checked and are not a credit decision.
General meetings
2 convocationsExtraordinary general meeting
Agenda
Goedkeuring jaarrekening. Bestemming resultaat. Kwijting bestuur- ders. Divers. (AOPC11005992/08.04) (12781) SOCIETE AGRICOLE ET FORESTIERE DE TAVIER, société anonyme, rue Louvrex 83, 4000 Liège Numéro d’entreprise 0418.395.543 Assemblée ordinaire au siège social le 26/4/2011, à 17 heures. Ordre du jour : Rapport du C.A. Approbation comptes annuels. Affectation résultats. Décharge administrateurs. Nominations. Divers. (AOPC-1-11-02163/08.04) (12782) BIBATEA, naamloze vennootschap, Huldekens 11, 2970 ’S GRAVENWEZEL Ondernemingsnummer 0444.184.477 Algemene vergadering ter zetel op 28/4/2011, om 11 uur. Agenda : Jaarverslag. Goedkeuring jaarrekening. Bestemming resultaat. Kwijting bestuurders. ...
Extraordinary general meeting
Agenda
Goedkeuring jaarrekening. Bestemming resultaat. Kwijting bestuur- ders. Divers. (AOPC1901455/03.04) (11440) SOCIETE AGRICOLE ET FORESTIERE DE TAVIER, société anonyme, rue Louvrex 83, 4000 LIEGE Numéro d’entreprise 0418.395.543 Assemblée ordinaire au siège social le 21/04/2009, à 17 heures. Ordre du jour : Rapport du conseil d’administration. Approbation comptes annuels. Affectation résultats. Décharge administrateurs. Divers. (AOPC-1-9-03333/03.04) (11441) Antwerp Moto Guzzi Service, naamloze vennootschap, Hooiland 13, 2160 WOMMELGEM Ondernemingsnummer 0439.924.593 Jaarvergadering op 25/04/2009, om 20 uur, op de zetel. Dagorde : 1. bespreking jaarrekening 31/12/2008. 2. Goedkeuring jaarreken ...