Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2024; threshold 65 %.
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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.
€ -538,543
▼ € 134,967 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -134,967
▲ 49 % less loss than in 2023
Profit after tax over the fiscal year.
€ 3,854
▼ 76% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -603,543.
People and assets in 2024
17.3
Average over the fiscal year, from the social balance sheet.
€ 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.
€ 14,646
▼ 33% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 19,532
▼ 92% vs 2023
Loans from banks and other lenders, long and short.
€ 223,897
▼ 34% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 562,370
▲ 78% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 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
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
Sentier du Brûle 26
7390 Quaregnon
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