Skip to content

ABLEVO

Active
Private limited companyfounded 200619 yrs activeOsselstraat 89, 1785 Merchtem, BelgiumKBO/BCE: BE 0883.602.692

ABLEVO has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €476k and a net result of €25k. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 46% of 16426 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
77 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+14
Solvency84▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity short (current ratio 0.61 against 0.63 in 2024; short-term debt: 27.4% and cash: 0.6% of total assets), and 40.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 19 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
59.1%
Return on assets
3.1%
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
9 d early
2024
27 d early
2023
14 d early
2022
on the day
2021
31 d early
2020
16 d early
2019
122 d late
← before the deadline after the deadline →
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 months
Position in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€476k▲ 5.5%
2024 · €451k
2018: €361k 2019: €364k 2020: €355k 2021: €400k 2022: €432k 2023: €445k 2024: €451k
2018 → 2025
Total assets
€805k▼ 1.0%
2024 · €814k
2018: €1.27M 2019: €1.20M 2020: €1.17M 2021: €1.18M 2022: €777k 2023: €766k 2024: €814k
2018 → 2025
Net result
€25k▲ 323%
2024 · €6k
2018: €-2k 2019: €3k 2020: €-9k 2021: €45k 2022: €32k 2023: €14k 2024: €6k
2018 → 2025
Working capital
€-86k▼ 2.4%
2024 · €-84k
2018: €-362k 2019: €-359k 2020: €-368k 2021: €-354k 2022: €-111k 2023: €-94k 2024: €-84k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€400k-€432k▲ 8.0%€445k▲ 3.1%€451k▲ 1.3%€476k▲ 5.5%
Operating result€73k-€59k▼ 18.9%€28k▼ 53.6%€20k▼ 28.8%€50k▲ 156%
Net result€45k-€32k▼ 29.1%€14k▼ 57.7%€6k▼ 56.7%€25k▲ 323%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2021: €73k€73kNet result 2021: €45k€45kOperating result 2022: €59k€59kNet result 2022: €32k€32kOperating result 2023: €28k€28kNet result 2023: €14k€14kOperating result 2024: €20k€20kNet result 2024: €6k€6kOperating result 2025: €50k€50kNet result 2025: €25k€25k20212022202320242025
The operating result recovers in 2025; 2025 is 156% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €805k
Fixed assets €671k▲ 0.1%
Current assets €135k▼ 6.2%
Equity and liabilities €805k
Equity €476k▲ 5.5%
Provisions €24k=
Debt €305k▼ 9.7%
The debt ratio falls from 41.5% to 37.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€81k
2024 · €49k
Cash flow
€55k
2024 · €35k
Solvency
59.1%
2024 · 55.5%
Current ratio
0.61
2024 · 0.63
Quick ratio
0.61
2024 · 0.63
Debt / equity
0.64
2024 · 0.75
ROE
5.2%
2024 · 1.3%
ROA
3.1%
2024 · 0.7%
Interest coverage
6.58
2024 · 4.76
Debt
€305k
2024 · €338k
Debt ≤ 1 year
€221k
2024 · €228k
Debt > 1 year
€79k
2024 · €104k
Income taxes
€13k
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€814k€805k
Fixed assets21/28€670k€671k
Tangible fixed assets22/27€670k€671k
Land and buildings22€650k€633k
Plant, machinery and equipment23€18k€36k
Furniture and vehicles24€3k€1k
Current assets29/58€144k€135k
Amounts receivable within one year40/41€12k€8k
Trade receivables40€3k-
Other amounts receivable41€9k€8k
Current investments50/53€92k€92k
Cash at bank and in hand54/58€16k€5k
Deferred charges and accrued income490/1€24k€29k
Equity and liabilities
Total equity and liabilities10/49€814k€805k
Equity10/15€451k€476k
Contributions10/11€6k€6k=
Reserves13€314k€338k
Distributable reserves133€314k€338k
Profit (loss) carried forward14€131k€131k=
Provisions and deferred taxes16€24k€24k=
Provisions for liabilities and charges160/5€24k€24k=
Other liabilities and charges164/5€24k€24k=
Amounts payable17/49€338k€305k
Amounts payable after more than one year17€104k€79k
Financial debts170/4€104k€79k
Amounts payable within one year42/48€228k€221k
Current portion of amounts payable after more than one year42€24k€25k
Trade debts44€26k€18k
Suppliers440/4€26k€18k
Taxes, remuneration and social security45€14k€21k
Taxes450/3€10k€19k
Remuneration and social security454/9€4k€2k
Other amounts payable47/48€163k€157k
Accrued charges and deferred income492/3€6k€5k
Income statement Code20242025
Non-recurring operating income76A€300-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€31k
Other operating charges640/8€9k€6k
Gross operating margin9900€58k€87k
Operating profit (loss)9901€20k€50k
Financial income75/76B€124€343
Recurring financial income75€124€343
Financial charges65/66B€10k€12k
Recurring financial charges65€10k€12k
Profit (loss) for the period before taxes9903€9k€38k
Income taxes67/77€4k€13k
Profit (loss) for the period9904€6k€25k
Profit (loss) for the period to be appropriated9905€6k€25k
Appropriation of the result
Profit (loss) to be appropriated9906€137k€156k
Profit (loss) brought forward from the previous period14P€131k€131k=
Transfer to equity691/2€6k€25k
To other reserves6921€6k€25k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
04-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
17-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €45k
Net result €45k after one loss-making year.
15-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet €-9k ▼428%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
30-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial Back to profitnet €3k
Net result €3k after one loss-making year.
30-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
21-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 143 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Merchtem · 1 establishment unit since 2006
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Osselstraat 891785 Merchtem
Ground area
4,930 m²
Building footprint
377 m²
Volume, LiDAR
2,271 m³
2 parcels, Flanders · tallest building 17.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ABLEVO
P. Vertongenstraat 27, 1780 WemmelNACE 85120
since 20062.165.129.377
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23012H0438/00F000 Flanders 4,681 m² 1 · 301 m² 17.6 m · 2 fl.
22662B0111/00N000 Flanders 249 m² 1 · 76 m² 10.8 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 10,459 companies in sector 86995 we hold annual accounts for 885. 517 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded19-09-2006
Fiscal year end31-12
Activities, NACEBEL
85510Sports and recreation education
86909Human health activities
86995Nutrition and dietetics services
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.