Financials
Financial year 2025
ABO from Gent, company number BE0456322543, closed financial year 2025 with a result of € 569,198 after tax. For that financial year ABO recorded revenue of € 17.8 million and equity of € 3.9 million. Compared with financial year 2024, the result moved from € 582,074 to € 569,198. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.
€ 3.9 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 569,198
▼ 2% vs 2024
Profit after tax over the fiscal year.
€ 385,234
▼ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 363,080 paid out
64 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
113.2
▲ 5.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 8.4 million
▲ 11% vs 2024
€ 74,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 894,683
▼ 11% vs 2024
Of which on lease € 852,403.
Debts at end 2025
€ 2 million
▼ 9% vs 2024
€ 272,369 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.4 million
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 64 days on average.
€ 2.6 million
▲ 12% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 13,232,507 | € 15,417,097 | € 16,207,872 | € 17,779,864 | ▲ 10% |
| Profit after taxes | € 4,818 | € 426,149 | € 582,074 | € 569,198 | ▼ 2% |
| Equity | € 3,459,926 | € 3,522,995 | € 3,741,989 | € 3,948,107 | ▲ 6% |
| Total debts | € 7,549,802 | € 7,691,172 | € 9,275,961 | € 9,576,884 | ▲ 3% |
| Cash | € 1,209,306 | € 929,437 | € 560,637 | € 385,234 | ▼ 31% |
| Retained profit | € 2,425,326 | € 2,488,395 | € 2,707,389 | € 2,913,507 | ▲ 8% |
| Dividend | € 0 | € 363,080 | € 363,080 | € 363,080 | |
| Bank debt | € 1,946,686 | € 1,633,402 | € 2,251,347 | € 2,046,469 | ▼ 9% |
| Balance sheet total | € 11,119,728 | € 11,324,167 | € 13,127,950 | € 13,574,991 | ▲ 3% |
| Employees (FTE) | 103.6 | 107.7 | 108 | 113.2 | ▲ 5.2 |
Key figures of ABO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ABO?
What happened at ABO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Frank De Palmenaer stepped down as director. NBB
- ABO Group Environment NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 569,198 (▼ 2% vs 2024). Source: NBB ↗
- ABO Group Environment NV became a director. NBB
- Frank De Palmenaer became a director. NBB
- New establishment in Roeselare. KBO
- New establishment in Aartselaar. KBO
- New establishment in Andenne. KBO
In short
From € 4,818 profit in 2022 to € 569,198 profit in 2025.
Paid € 979,374 in corporate taxes since 2022.
Best year ever: 2024, with € 582,074 profit.
Paid out € 1.1 million in dividends to the owners in total.
Management
The shares are held by Frank De Palmenaer and ABO Group Environment.
Directors
According to the 2025 annual accounts
Frank De Palmenaer
Managing director
Also active at: FRAPAL, STUDIE- EN EXPERTISEBUREAU DE PALMENAER, Studiebureau voor wegen- en Bouwkunde - Ontwerpen, Palladion, SIPRESS, 2B Construct, SOCRATES BUSINESS CENTER, ABO Logistics +15 more
since 2021 · until 2027
Director · represented by Paul Decraemer
Also active at: ABO Logistics, TRANSLAB ENVIRONMENTAL CONSULT, ENERGY TO ZERO CONSULT
since 2025 · until 2027
Shareholders
Frank De Palmenaer
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Derbystraat 55
9051 Gent
Mevrouwhofstraat 1A
3511 Hasselt
Active since 31 December 2008
Kontichsesteenweg 38
2630 Aartselaar
Active since 1 January 2014
Waterloolaan 90
1000 Brussel
Active since 31 December 2010
Rue Haigniaux 23
5300 Andenne
Active since 1 January 2012
Izegemsestraat 60
8800 Roeselare
Active since 1 October 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0456.322.543
- VAT number
- BE 0456.322.543
- Registered office
- Derbystraat 55, 9051 Gent
- Names & denominations
- ABO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 October 1995
- Peppol
- Active · Active since 6 Oct 2025
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