ABMA
Open bankruptcyA bankruptcy procedure is open for ABMA according to publications in the Belgian State Gazette; curator: Kathleen SEGERS.
Summary
The 2024 annual accounts show equity of €937k and a net result of €63k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
21 d early
2023
21 d early
2022
31 d early
2021
34 d early
2020
26 d early
2019
23 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€937k▼ 11.4%
2023 · €1.06M
2018: €1.36Mhighest in 7 years
2019: €1.30M▼ -4.4% vs 2018
2020: €1.26M▼ -3.3% vs 2019
2021: €941k▼ -25.3% vs 2020
2022: €1.03M▲ +9.7% vs 2021
2023: €1.06M▲ +2.5% vs 2022
2024: €937k▼ -11.4% vs 2023lowest in 7 years
2018 → 2024
Total assets
€2.22M▼ 0.3%
2023 · €2.22M
2018: €2.39Mhighest in 7 years
2019: €2.36M▼ -1.3% vs 2018
2020: €2.32M▼ -1.6% vs 2019
2021: €2.26M▼ -2.3% vs 2020
2022: €2.23M▼ -1.5% vs 2021
2023: €2.22M▼ -0.3% vs 2022
2024: €2.22M▼ -0.3% vs 2023lowest in 7 years
2018 → 2024
Net result
€63k▲ 142%
2023 · €26k
2018: €13k
2019: €-60k▼ -548% vs 2018lowest in 7 years
2020: €-43k▲ +27.9% vs 2019
2021: €-26k▲ +39.5% vs 2020
2022: €91k▲ +451% vs 2021highest in 7 years
2023: €26k▼ -71.3% vs 2022
2024: €63k▲ +142% vs 2023
2018 → 2024
Working capital
€-1.14M▼ 7.7%
2023 · €-1.06M
2018: €-165khighest in 7 years
2019: €-398k▼ -142% vs 2018
2020: €-534k▼ -34.2% vs 2019
2021: €-912k▼ -70.8% vs 2020
2022: €-881k▲ +3.4% vs 2021
2023: €-1.06M▼ -19.9% vs 2022
2024: €-1.14M▼ -7.7% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.26M-€941k▼ 25.3%€1.03M▲ 9.7%€1.06M▲ 2.5%€937k▼ 11.4%
2020: €1.26Mhighest in 5 years
2021: €941k▼ -25.3% vs 2020
2022: €1.03M▲ +9.7% vs 2021
2023: €1.06M▲ +2.5% vs 2022
2024: €937k▼ -11.4% vs 2023lowest in 5 years
Operating result€-8k-€27k€135k▲ 394%€133k▼ 1.9%€141k▲ 6.2%
2020: €-8klowest in 5 years
2021: €27k▲ +444% vs 2020
2022: €135k▲ +394% vs 2021
2023: €133k▼ -1.9% vs 2022
2024: €141k▲ +6.2% vs 2023highest in 5 years
Net result€-43k-€-26k▲ 39.5%€91k€26k▼ 71.3%€63k▲ 142%
2020: €-43klowest in 5 years
2021: €-26k▲ +39.5% vs 2020
2022: €91k▲ +451% vs 2021highest in 5 years
2023: €26k▼ -71.3% vs 2022
2024: €63k▲ +142% vs 2023
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 6% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.22M
Fixed assets
€2.20M ▲ 0.1%
Current assets
€14k ▼ 38.2%
Equity and liabilities €2.22M
Equity
€937k ▼ 11.4%
Debt
€1.28M ▲ 9.9%
Debt's share of the balance-sheet total rises from 52.4% to 57.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€142k▼
2023 · €145k
Cash flow
€64k▲
2023 · €39k
Current ratio
0.01▼
2023 · 0.02
Debt to equity
1.37▲
2023 · 1.10
ROE
6.7%▲
2023 · 2.5%
ROA
2.9%▲
2023 · 1.2%
Interest coverage
3.10▲
2023 · 1.62
Debt ≤ 1 year
€1.15M▲
2023 · €1.08M
Income taxes
€32k▲
2023 · €17k
Staff costs
€252▲
2023 · €248
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 · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.22M€2.22M▼
Fixed assets21/28€2.20M€2.20M▲
Tangible fixed assets22/27-€3k
Plant, machinery and equipment23-€3k
Financial fixed assets28€2.20M€2.20M=
Current assets29/58€22k€14k▼
Amounts receivable within one year40/41€460€5k▲
Trade receivables40-€5k
Other amounts receivable41€460€104▼
Cash at bank and in hand54/58€22k€8k▼
Deferred charges and accrued income490/1€54€52▼
Equity and liabilities
Total equity and liabilities10/49€2.22M€2.22M▼
Equity10/15€1.06M€937k▼
Contributions10/11€677k€677k=
Reserves13€381k€260k▼
Distributable reserves133€381k€260k▼
Amounts payable17/49€1.16M€1.28M▲
Amounts payable within one year42/48€1.08M€1.15M▲
Financial debts43€912k€852k▼
Other loans439€912k€852k▼
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€19k€16k▼
Taxes450/3€19k€16k▼
Other amounts payable47/48€144k€281k▲
Accrued charges and deferred income492/3€87k€129k▲
Income statement
Code20232024
Remuneration, social security and pensions62€248€252▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€854▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€147k€143k▼
Operating profit (loss)9901€133k€141k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€89k€46k▼
Recurring financial charges65€89k€46k▼
Profit (loss) for the period before taxes9903€43k€95k▲
Income taxes67/77€17k€32k▲
Profit (loss) for the period9904€26k€63k▲
Profit (loss) for the period to be appropriated9905€26k€63k▲
Appropriation of the result
Profit (loss) to be appropriated9906€26k€63k▲
Transfer from equity791/2-€184k
Transfer to equity691/2€26k€63k▲
To other reserves6921€26k€63k▲
Profit to be distributed694/7-€184k
Return on contributions (dividend)694-€184k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €176 | €176 | €248 | €252 | ▲ 1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13k | €13k | €13k | €13k | €854 | ▼ 93.3% |
| Other operating charges640/8 | - | €979 | €980 | €1k | €1k | ▲ 1.7% |
| Gross operating margin9900 | €-2k | €41k | €149k | €147k | €143k | ▼ 2.5% |
| Operating profit (loss)9901 | €-8k | €27k | €135k | €133k | €141k | ▲ 6.2% |
| Financial income75/76B | - | €2k | - | €0 | - | - |
| Recurring financial income75 | €2k | €2k | - | €0 | - | - |
| Financial charges65/66B | - | €55k | €43k | €89k | €46k | ▼ 48.9% |
| Recurring financial charges65 | €37k | €35k | €43k | €89k | €46k | ▼ 48.9% |
| Non-recurring financial charges66B | - | €20k | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €-42k | €-25k | €92k | €43k | €95k | ▲ 121% |
| Income taxes67/77 | €717 | €703 | €811 | €17k | €32k | ▲ 87.8% |
| Profit (loss) for the period9904 | €-43k | €-26k | €91k | €26k | €63k | ▲ 142% |
| Profit (loss) for the period to be appropriated9905 | €-43k | €-26k | €91k | €26k | €63k | ▲ 142% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.32M | €2.26M | €2.23M | €2.22M | €2.22M | ▼ 0.3% |
| Fixed assets21/28 | €2.26M | €2.23M | €2.21M | €2.20M | €2.20M | ▲ 0.1% |
| Tangible fixed assets22/27 | €38k | €26k | €13k | - | €3k | - |
| Plant, machinery and equipment23 | - | - | - | - | €3k | - |
| Furniture and vehicles24 | - | €26k | €13k | - | - | - |
| Financial fixed assets28 | €2.22M | €2.20M | €2.20M | €2.20M | €2.20M | = |
| Current assets29/58 | €58k | €37k | €16k | €22k | €14k | ▼ 38.2% |
| Amounts receivable within one year40/41 | €39k | €15k | €56 | €460 | €5k | ▲ 1,010% |
| Trade receivables40 | - | €15k | - | - | €5k | - |
| Other amounts receivable41 | - | €270 | €56 | €460 | €104 | ▼ 77.3% |
| Current investments50/53 | €13k | - | - | - | - | - |
| Cash at bank and in hand54/58 | €6k | €22k | €16k | €22k | €8k | ▼ 60.6% |
| Deferred charges and accrued income490/1 | - | - | - | €54 | €52 | ▼ 4.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.32M | €2.26M | €2.23M | €2.22M | €2.22M | ▼ 0.3% |
| Equity10/15 | €1.26M | €941k | €1.03M | €1.06M | €937k | ▼ 11.4% |
| Contributions10/11 | - | €677k | €677k | €677k | €677k | = |
| Reserves13 | €598k | €306k | €355k | €381k | €260k | ▼ 31.7% |
| Non-distributable reserves130/1 | - | €12k | €12k | - | - | - |
| Reserves not available under the articles1311 | - | €12k | €12k | - | - | - |
| Distributable reserves133 | - | €294k | €343k | €381k | €260k | ▼ 31.7% |
| Profit (loss) carried forward14 | €-16k | €-42k | - | - | - | - |
| Amounts payable17/49 | €1.06M | €1.32M | €1.20M | €1.16M | €1.28M | ▲ 9.9% |
| Amounts payable after more than one year17 | €347k | €220k | €105k | - | - | - |
| Financial debts170/4 | - | €1k | - | - | - | - |
| Other amounts payable178/9 | - | €219k | €105k | - | - | - |
| Amounts payable within one year42/48 | €592k | €949k | €897k | €1.08M | €1.15M | ▲ 6.8% |
| Current portion of amounts payable after more than one year42 | - | €13k | €1k | - | - | - |
| Financial debts43 | - | €627k | €681k | €912k | €852k | ▼ 6.6% |
| Other loans439 | - | €627k | €681k | €912k | €852k | ▼ 6.6% |
| Trade debts44 | €740 | €2k | €2k | €4k | €2k | ▼ 53.2% |
| Suppliers440/4 | - | €2k | €2k | €4k | €2k | ▼ 53.2% |
| Taxes, remuneration and social security45 | - | €28k | €2k | €19k | €16k | ▼ 13.7% |
| Taxes450/3 | - | €28k | €2k | €19k | €16k | ▼ 13.7% |
| Remuneration and social security454/9 | - | €1 | - | - | - | - |
| Other amounts payable47/48 | - | €280k | €211k | €144k | €281k | ▲ 96.1% |
| Accrued charges and deferred income492/3 | - | €153k | €196k | €87k | €129k | ▲ 48.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-43k | €-26k | €91k | €26k | €63k | ▲ 142% |
| + Depreciation and write-downs630 | €13k | €13k | €13k | €13k | €854 | ▼ 93.3% |
| Operating cash flow (approximation) | €-30k | €-13k | €104k | €39k | €64k | ▲ 64.6% |
| Investment in fixed assets (approximation) | - | €20k | €0 | €0 | €-4k | - |
| Change in cash | - | €16k | €-6k | €5k | €-13k | ▼ 346% |
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
2025
10-12
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 04-12-2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €91k
Net result €91k after 3 loss-making years.
31-12
Financial
Equity above €1MEq €1.03M ▲9.7%
Equity rises from €941k to €1.03M.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-60k
Net result drops to €-60k, the lowest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Waregem · 1 establishment unit since 2007
Ground area
455 m²
Building footprint
455 m²
Volume, LiDAR
3,996 m³
Parcel 34040C0229/00C004, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
ABMA
since 20072.160.853.261
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34040C0229/00C004 | Flanders | 455 m² | 1 · 455 m² | 12.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Kathleen SEGERS FELIX VERHAEGHESTRAAT 5,
8790 WAREGEM |
04-12-2025 → present |
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 28,544 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-02-2007
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.