ABB Industrial Solutions (Belgium)
ActiveSummary
ABB Industrial Solutions (Belgium) has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15.29M and a net result of €-7.13M. Equity is shrinking by ~26.9% per year across the filed fiscal years. Its solvency ranks better than 60% of 100 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency71▼-10
Growth22=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €750k at 30 days acceptable
Liquidity tight (current ratio 1.26 against 1.95 in 2024; short-term debt: 48.1% of total assets), and 53.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 27
Relative position
BE, all sectors
reference
Sector 27
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
46.4%
Return on assets
-21.7%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-7.13M
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
23 d early
2023
27 d early
2022
18 d early
2021
13 d early
2020
12 d early
2019
3 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€36.16M▲ 1.1%
2024 · €35.76M
2018: €80.35M
2019: €81.09M
2020: €60.40M
2021: €47.84M
2022: €46.72M
2023: €40.06M
2024: €35.76M
2018 → 2025
EBIT margin
-20.4%▲ 15.8pp
2024 · -36.1%
2018: 16.3%
2019: -23.0%
2020: -7.1%
2021: -7.4%
2022: -46.2%
2023: -39.9%
2024: -36.1%
2018 → 2025
Net result
€-7.13M▲ 39.7%
2024 · €-11.82M
2018: €26.84M
2019: €-17.11M
2020: €-2.39M
2021: €-831k
2022: €-21.22M
2023: €-14.94M
2024: €-11.82M
2018 → 2025
Working capital
€4.19M▼ 68.9%
2024 · €13.44M
2018: €103.91M
2019: €101.65M
2020: €92.54M
2021: €41.18M
2022: €33.51M
2023: €13.43M
2024: €13.44M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€47.84M-€46.72M▼ 2.3%€40.06M▼ 14.3%€35.76M▼ 10.7%€36.16M▲ 1.1%
Equity€45.41M-€24.19M▼ 46.7%€9.25M▼ 61.8%€22.43M▲ 142%€15.29M▼ 31.8%
Operating result€-3.55M-€-21.58M▼ 508%€-15.98M▲ 25.9%€-12.91M▲ 19.2%€-7.36M▲ 43.0%
Net result€-831k-€-21.22M▼ 2,454%€-14.94M▲ 29.6%€-11.82M▲ 20.8%€-7.13M▲ 39.7%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7.36M in 2025 against €12.91M in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €32.94M
Fixed assets
€12.90M ▲ 1.3%
Current assets
€20.04M ▼ 27.2%
Equity and liabilities €32.94M
Equity
€15.29M ▼ 31.8%
Provisions
€1.79M ▼ 52.2%
Debt
€15.85M ▲ 12.5%
Debt's share of the balance-sheet total rises from 35.0% to 48.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-5.13M▲
2024 · €-10.57M
Cash flow
€-4.90M▲
2024 · €-9.48M
Current ratio
1.26▼
2024 · 1.95
Quick ratio
0.61▼
2024 · 1.15
Debt to equity
1.04▲
2024 · 0.63
ROE
-46.6%▲
2024 · -52.7%
ROA
-21.7%▲
2024 · -29.4%
Interest coverage
-140.50▼
2024 · -56.99
Debt ≤ 1 year
€15.85M▲
2024 · €14.09M
Income taxes
€-324k▲
2024 · €-1.08M
Staff costs
€12.22M▼
2024 · €24.91M
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 · 72 lines
Balance sheet
Code20242025
Assets
Total assets20/58€40.27M€32.94M▼
Fixed assets21/28€12.74M€12.90M▲
Intangible fixed assets21-€118k
Tangible fixed assets22/27€12.74M€12.79M▲
Land and buildings22€5.22M€5.31M▲
Plant, machinery and equipment23€4.77M€4.86M▲
Assets under construction and advance payments27€2.74M€2.61M▼
Current assets29/58€27.53M€20.04M▼
Stocks and contracts in progress3€11.35M€10.39M▼
Stocks30/36€11.35M€10.39M▼
Raw materials and consumables30/31€2.66M€3.22M▲
Work in progress32€1.47M€2.61M▲
Finished goods33€4.23M€1.56M▼
Goods purchased for resale34€2.99M€3.01M▲
Amounts receivable within one year40/41€14.94M€9.39M▼
Trade receivables40€9.69M€8.79M▼
Other amounts receivable41€5.25M€597k▼
Deferred charges and accrued income490/1€1.24M€250k▼
Equity and liabilities
Total equity and liabilities10/49€40.27M€32.94M▼
Equity10/15€22.43M€15.29M▼
Contributions10/11€246.40M€246.40M=
Revaluation surpluses12€224k€224k=
Reserves13€21.67M€21.67M=
Tax-exempt reserves132€10.11M€10.11M=
Distributable reserves133€11.56M€11.56M=
Profit (loss) carried forward14€-245.87M€-253.00M▼
Provisions and deferred taxes16€3.75M€1.79M▼
Provisions for liabilities and charges160/5€3.75M€1.79M▼
Pensions and similar obligations160€238k€282k▲
Other liabilities and charges164/5€3.51M€1.51M▼
Amounts payable17/49€14.09M€15.85M▲
Amounts payable within one year42/48€14.09M€15.85M▲
Trade debts44€9.56M€6.99M▼
Suppliers440/4€9.56M€6.99M▼
Taxes, remuneration and social security45€3.49M€2.82M▼
Taxes450/3€1.01M€793k▼
Remuneration and social security454/9€2.48M€2.02M▼
Other amounts payable47/48€1.04M€6.04M▲
Accrued charges and deferred income492/3€2k-
Income statement
Code20242025
Operating income70/76A€39.66M€40.06M▲
Turnover70€35.76M€36.16M▲
Change in stocks of work in progress, finished goods and contracts in progress71€-1.17M€-1.05M▲
Other operating income74€5.07M€4.94M▼
Operating charges60/66A€52.57M€47.41M▼
Goods for resale, raw materials and consumables60€20.67M€21.58M▲
Purchases600/8€22.98M€22.16M▼
Change in stocks: decrease (increase)609€-2.30M€-576k▲
Services and other goods61€17.47M€12.68M▼
Remuneration, social security and pensions62€24.91M€12.22M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2.35M€2.23M▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-605k€484k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-12.46M€-1.96M▲
Other operating charges640/8€94k€167k▲
Non-recurring operating charges66A€138k-
Operating profit (loss)9901€-12.91M€-7.36M▲
Financial income75/76B€193k€71k▼
Recurring financial income75€193k€71k▼
Income from financial fixed assets750€698-
Other financial income752/9€192k€71k▼
Financial charges65/66B€188k€168k▼
Recurring financial charges65€188k€168k▼
Debt charges650€185k€36k▼
Other financial charges652/9€3k€131k▲
Profit (loss) for the period before taxes9903€-12.91M€-7.46M▲
Income taxes67/77€-1.08M€-324k▲
Taxes670/3€208€7k▲
Tax adjustments and reversals of tax provisions77€1.08M€331k▼
Profit (loss) for the period9904€-11.82M€-7.13M▲
Profit (loss) for the period to be appropriated9905€-11.82M€-7.13M▲
Appropriation of the result
Profit (loss) to be appropriated9906€-245.87M€-253.00M▼
Profit (loss) brought forward from the previous period14P€-234.04M€-245.87M▼
Social balance
Average headcount (FTE)9087130.8105.9▼
The notes to these accounts (61 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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €10MEq €22.43M ▲142%
Equity rises from €9.25M to €22.43M.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-21.22M
Net result drops to €-21.22M, the lowest in the series; recovery starts the following year.
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
05-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 97 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 22 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
31 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, Evergem · 2 establishment units since 2024
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.
Gipsweg 159940 EvergemGround area
22.5 ha
Building footprint
17.7 ha
Volume, LiDAR
328,149 m³
2 parcels, Flanders · tallest building 15.6 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
Evenstuk 4, 9042 Gent
since 20242.354.674.208
Gipsweg 15, 9940 Evergem
since 20242.354.674.307
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43006A0919/00B000 | Flanders | 15.1 ha | 1 · 15.3 ha | - |
| 44813A0153/00W000 | Flanders | 7.4 ha | 1 · 2.4 ha | 15.6 m · 5 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.
Structure & network
Ownership & control
2 parent companiesControl over this companyparent company per the LEI register2
Machelen
ABB Ltd
Zurich, Switzerland · indirect
controls
ABB Industrial Solutions (Belgium)BE 0885.012.162
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 243,791 EUR awarded · 243,791 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 3,323 EUR | 3,323 EUR |
| 2024 | 1 | 3,280 EUR | 3,280 EUR |
| 2023 | 2 | 227,944 EUR | 227,944 EUR |
| 2022 | 1 | 9,244 EUR | 9,244 EUR |
Schemes
Energiesteun 2 (stopgezet)
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Legal Entity Identifier
HG2TH0G6RGNZG34FQU76
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Of 155 companies in sector 27120 we hold annual accounts for 113. 33 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-11-2006
Fiscal year end31-12
Activities, NACEBEL 2025
27120Manufacture of electrical equipment
46500Wholesale of information and communication equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.