Bankrupt · Opening faillissement (CBE)

AB CORPORATION

BE0627660472

Rechtspersoon Public limited company 1 establishment

AB CORPORATION is a joiner in Quaregnon. Public Limited, started on 27 March 2015, 1 establishment.

Sentier du Brûle 26, 7390 Quaregnon

Start date

27 March 2015

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 4 of the last 4 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2023 and 2024.

  • Tight liquidity NBB

    Cash and receivables cover 40 % of short-term debt in 2024; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

AB CORPORATION from Quaregnon, company number BE0627660472, closed financial year 2024 with a result of € -134,967 after tax. For that financial year AB CORPORATION recorded a gross margin of € 681,965 and equity of € -538,543. Compared with financial year 2023, the result moved from € -266,655 to € -134,967. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 29, 2025.

What it is worth Caution

€ -538,543

▼ € 134,967 vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -134,967

▲ 49 % less loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 3,854

▼ 76% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -603,543.

People and assets in 2024

Full-time equivalents

17.3

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 714,837

▼ 12% vs 2023

€ 41,300 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.

Vehicles and equipment

€ 14,646

▼ 33% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt

€ 19,532

▼ 92% vs 2023

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 223,897

▼ 34% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 562,370

▲ 78% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 803,733 € 937,523 € 711,752 € 681,965 ▼ 4%
Profit after taxes € -168,134 € -6,073 € -266,655 € -134,967 ▲ € 131,688
Equity € -130,848 € -136,921 € -403,576 € -538,543 ▼ € 134,967
Total debts € 1,642,177 € 1,349,543 € 1,398,968 € 950,916 ▼ 32%
Cash € 14,705 € 10,716 € 15,940 € 3,854 ▼ 76%
Land & buildings € 252,945 € 237,353 € 221,760 -
Retained profit € -195,848 € -201,921 € -468,576 € -603,543 ▼ € 134,967
Bank debt € 307,296 € 286,813 € 245,049 € 19,532 ▼ 92%
Balance sheet total € 1,511,330 € 1,212,622 € 995,392 € 412,373 ▼ 59%
Employees (FTE) 28.8 27.6 - 17.3

Key figures of AB CORPORATION, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to AB CORPORATION?

What happened at AB CORPORATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

AB CORPORATION is active according to the CBE. Legal situation: Opening faillissement.

  • Abdelhac Benabdelouahed stepped down as director. NBB
  • New annual accounts for financial year 2024: loss of € 134,967. filed late Source: NBB ↗
  • Abdelhac Benabdelouahed became a director. NBB
  • New establishment in Quaregnon. KBO
  • Start of the company according to the CBE. KBO

In short

From € 168,134 loss in 2021 to € 134,967 loss in 2024.

Paid € 534 in corporate taxes since 2021.

On average € 39,400 of value added per employee in 2024.

Management

Abdelhac Benabdelouahed 100%
Monia Asmaoui 1%
AB CORPORATION

The shares are held by Abdelhac Benabdelouahed (100%) and Monia Asmaoui (1%).

Directors

According to the 2024 annual accounts

Abdelhac Benabdelouahed

Managing director

Owns 100% directly

since 2023 · until 2029

Shareholders

Abdelhac Benabdelouahed · director

100%

Monia Asmaoui

1%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Sentier du Brûle 26

7390 Quaregnon

2.240.518.173

Rue du Zoning du Brûle 26

7390 Quaregnon

Active since 31 March 2015

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
0627.660.472
VAT number
BE 0627.660.472
Registered office
Sentier du Brûle 26, 7390 Quaregnon
Names & denominations
AB CORPORATION
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
27 March 2015
Peppol
Not registered
Activities · NACE

Schrijnwerk

Plaatsen van vloerbedekking en wandbekleding van hout

Frequently asked questions

What does AB CORPORATION do?
AB CORPORATION is a joiner in Quaregnon. Public Limited, started on 27 March 2015, 1 establishment.
What is the address of AB CORPORATION?
The registered office of AB CORPORATION is located at Sentier du Brûle 26, 7390 Quaregnon.
Is AB CORPORATION still active?
No. The CBE lists AB CORPORATION with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is AB CORPORATION registered on Peppol?
No, AB CORPORATION is currently not registered on the Peppol network.
What is the enterprise number of AB CORPORATION?
The enterprise number of AB CORPORATION is BE0627660472.
When was AB CORPORATION founded?
AB CORPORATION was founded on 27 March 2015.