ALGEMENE ANTWERPSE BEZETTINGSWERKEN
ActiveALGEMENE ANTWERPSE BEZETTINGSWERKEN has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €716k and a net result of €91k. Equity is growing by ~17.1% per year across the filed fiscal years. Its solvency ranks better than 30% of 2029 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability56▲+2
Solvency53▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity tight (current ratio 1.39 against 1.36 in 2024; short-term debt: 66.2% and cash: 0.9% of total assets), and 71.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
28.5%
Return on assets
3.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
5 d late
2024
1 d early
2023
23 d late
2022
48 d early
2021
17 d early
2020
12 d early
2019
32 d early
← 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 monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€91k▲ 22.3%
2024 · €75k
2018: €31k
2019: €70k
2020: €29k
2021: €72k
2022: €79k
2023: €81k
2024: €75k
2018 → 2025
Working capital
€643k▲ 19.6%
2024 · €538k
2018: €305k
2019: €332k
2020: €302k
2021: €322k
2022: €456k
2023: €498k
2024: €538k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€391k-€469k▲ 20.1%€550k▲ 17.2%€625k▲ 13.6%€716k▲ 14.6%
Operating result€98k-€135k▲ 38.7%€152k▲ 12.3%€175k▲ 15.4%€171k▼ 2.4%
Net result€72k-€79k▲ 8.4%€81k▲ 2.6%€75k▼ 7.2%€91k▲ 22.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 2% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.51M
Fixed assets
€206k▲ 91.2%
Current assets
€2.31M▲ 13.7%
Equity and liabilities €2.51M
Equity
€716k▲ 14.6%
Debt
€1.80M▲ 18.8%
The debt ratio rises from 70.8% to 71.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€212k▼
2024 · €215k
Cash flow
€133k▲
2024 · €114k
Solvency
28.5%▼
2024 · 29.2%
Current ratio
1.39▲
2024 · 1.36
Quick ratio
1.34▲
2024 · 1.32
Debt / equity
2.51▲
2024 · 2.42
ROE
12.8%▲
2024 · 12.0%
ROA
3.6%▲
2024 · 3.5%
Interest coverage
3.87▲
2024 · 3.75
Debt
€1.80M▲
2024 · €1.51M
Debt ≤ 1 year
€1.66M▲
2024 · €1.49M
Debt > 1 year
€135k▲
2024 · €22k
Income taxes
€35k▼
2024 · €54k
Staff costs
€820k▲
2024 · €671k
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€2.14M€2.51M▲
Formation expenses20€1k€1k=
Fixed assets21/28€108k€206k▲
Tangible fixed assets22/27€108k€206k▲
Land and buildings22€1k€750▼
Plant, machinery and equipment23€45k€45k▼
Furniture and vehicles24€62k€160k▲
Other tangible fixed assets26€92€92=
Current assets29/58€2.03M€2.31M▲
Amounts receivable after more than one year29€150k€600k▲
Other amounts receivable291€150k€600k▲
Stocks and contracts in progress3€64k€83k▲
Stocks30/36€36k€41k▲
Contracts in progress37€28k€42k▲
Amounts receivable within one year40/41€1.76M€1.57M▼
Trade receivables40€1.19M€1.36M▲
Other amounts receivable41€573k€206k▼
Cash at bank and in hand54/58€23k€23k▲
Deferred charges and accrued income490/1€29k€32k▲
Equity and liabilities
Total equity and liabilities10/49€2.14M€2.51M▲
Equity10/15€625k€716k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€563k€654k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€557k€648k▲
Amounts payable17/49€1.51M€1.80M▲
Amounts payable after more than one year17€22k€135k▲
Financial debts170/4€22k€135k▲
Amounts payable within one year42/48€1.49M€1.66M▲
Current portion of amounts payable after more than one year42€55k€70k▲
Financial debts43€426k€406k▼
Credit institutions430/8€426k€406k▼
Trade debts44€805k€967k▲
Suppliers440/4€805k€967k▲
Taxes, remuneration and social security45€56k€66k▲
Taxes450/3€20k€16k▼
Remuneration and social security454/9€37k€50k▲
Other amounts payable47/48€148k€154k▲
Income statement
Code20242025
Remuneration, social security and pensions62€671k€820k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€41k▲
Other operating charges640/8€112k€12k▼
Non-recurring operating charges66A-€14k
Gross operating margin9900€998k€1.06M▲
Operating profit (loss)9901€175k€171k▼
Financial income75/76B€11k€11k▼
Recurring financial income75€11k€11k▼
Financial charges65/66B€57k€55k▼
Recurring financial charges65€57k€55k▼
Profit (loss) for the period before taxes9903€129k€127k▼
Income taxes67/77€54k€35k▼
Profit (loss) for the period9904€75k€91k▲
Profit (loss) for the period to be appropriated9905€75k€91k▲
Appropriation of the result
Profit (loss) to be appropriated9906€75k€91k▲
Transfer to equity691/2€75k€91k▲
To the legal reserve6920-€91k
To other reserves6921€75k-
Social balance
Average headcount (FTE)908710.2-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 5 days late
2025
31-12
Financial
Highest result since 2018net €91k ▲22.3%
Net result €91k, the highest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 23 days late
2023
31-12
Financial
Equity above €500kEq €550k ▲17.2%
6 profitable years in a row build equity to €550k.
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €29k ▼59%
Net result drops to €29k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-07
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.
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, Borsbeek · 1 establishment unit since 2002
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.
Frans Beirenslaan 11/132150 BorsbeekGround area
257 m²
Building footprint
176 m²
Volume, LiDAR
76 m³
Parcel 11007A0104/00E007, Flanders · tallest building 9.3 m. Linked by address, not a title deed.
1 establishment unit
Algemene Antwerpse Bezettingswerken
since 20022.095.605.915
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11007A0104/00E007 | Flanders | 256 m² | 1 · 176 m² | 9.3 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 · 444 EUR awarded · 444 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 444 EUR | 444 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 4,010 companies in sector 43310 we hold annual accounts for 1,745. 810 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded21-12-2001
Fiscal year end31-12
Abbreviation NL
A.A.B.
Activities, NACEBEL
43310Plastering work
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.