ACTIVE

AB2

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Financial year 2025 · closed on 30/06/2025

Net result

-5,7 k €

-164.3% YoY

Gross margin

-4,7 k €

-140.3% YoY

Equity

154,1 k €

-3.5% YoY

What does AB2 do?

AB2 is a Private limited company incorporated in 1988. Its main activity is: Wholesale of pharmaceutical goods. Its registered office is in Etterbeek.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0436.055.580

Incorporation

20/12/1988

Legal form

Private limited company

Registered office

Rue Abbé Cuypers 3
1040 Etterbeek · BruxellesSee on map

Contributed capital

24 789,35 €

Latest accounts

30/06/2025

Activities (NACE)

46460Wholesale of pharmaceutical goods· main 46460Wholesale of pharmaceutical goods 51460Air transport

Signals

Solid equityLow riskGood liquidity

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2008		2007		2006
Income statement
Gross margin	-4,7 k €	-140%	11,6 k €	+802%	1,3 k €	+127%	-4,8 k €	-113%	36,1 k €	+6.9%	33,8 k €	+321%	-15,3 k €	-337%	6,4 k €	+1983%	-342,3 €	-100%	83,6 k €	+123%	37,5 k €	-13.4%	43,3 k €	-8.7%	47,5 k €	-8.5%	51,9 k €	+318%	-23,7 k €	-110%	244,7 k €	+118%	112,0 k €	+2456%	4,4 k €	+165%	1,7 k €
EBITDA	-5,4 k €	-150%	10,8 k €	+2665%	-421,0 €	+93.5%	-6,5 k €	-120%	32,2 k €	+17.9%	27,3 k €	+217%	-23,2 k €	-1484%	-1,5 k €	+75.7%	-6,0 k €	-108%	77,3 k €	+204%	25,4 k €	-13.8%	29,5 k €	-19.4%	36,5 k €	+2.7%	35,6 k €	+212%	-31,6 k €	-115%	218,1 k €	+112%	102,8 k €	+1275%	-8,8 k €	-10.4%	-7,9 k €
Operating result	-5,7 k €	-154%	10,6 k €	+1859%	-605,3 €	+90.9%	-6,7 k €	-124%	28,0 k €	+27.7%	21,9 k €	+168%	-32,1 k €	-473%	-5,6 k €	+59.3%	-13,8 k €	-120%	69,5 k €	+212%	22,3 k €	+21.0%	18,4 k €	-10.8%	20,7 k €	+13.5%	18,2 k €	+128%	-65,8 k €	-144%	150,9 k €	+117%	69,6 k €	+431%	-21,0 k €	-48.3%	-14,2 k €
Net result	-5,7 k €	-164%	8,8 k €	+296%	-4,5 k €	+54.9%	-10,0 k €	-150%	20,1 k €	+223%	6,2 k €	+116%	-38,1 k €	-289%	-9,8 k €	+78.9%	-46,5 k €	-219%	38,9 k €	+36.3%	28,6 k €	+103%	14,1 k €	-20.2%	17,7 k €	-57.0%	41,1 k €	+175%	-54,7 k €	-150%	110,3 k €	+119%	50,3 k €	+345%	-20,5 k €	-48.2%	-13,9 k €
Balance sheet
Equity	154,1 k €	-3.5%	159,8 k €	+5.8%	151,0 k €	-2.9%	155,5 k €	-6.0%	165,5 k €	+13.8%	145,4 k €	-39.2%	239,1 k €	-13.8%	277,3 k €	-3.4%	287,1 k €	-13.9%	333,6 k €	+13.2%	294,7 k €	+10.7%	266,1 k €	+5.6%	252,0 k €	+7.5%	234,4 k €	+21.2%	193,3 k €	-22.1%	248,0 k €	+558%	37,7 k €	+398%	-12,6 k €	-261%	7,9 k €
Total assets	278,1 k €	-1.0%	280,9 k €	-28.3%	391,7 k €	+4.6%	374,6 k €	-11.2%	422,0 k €	-9.1%	464,4 k €	-20.8%	586,6 k €	-1.1%	592,8 k €	+1.9%	582,0 k €	+1.0%	576,3 k €	-4.0%	600,2 k €	+3.0%	583,0 k €	-3.0%	601,1 k €	-6.3%	641,2 k €	+7.0%	599,0 k €	+2.0%	587,0 k €	+85.0%	317,3 k €	+176%	115,0 k €	-33.5%	172,8 k €
Cash	460,5 €	+199%	153,8 €	-97.5%	6,1 k €		–		–		–		–		294,1 €	-34.6%	449,5 €	+180%	160,8 €	-99.0%	16,6 k €	+2386%	667,1 €		–		491,6 €		–		3,7 k €	-98.3%	216,8 k €	+1073%	18,5 k €		–
Debts	21,7 k €	+15.2%	18,9 k €	-86.4%	138,5 k €	+14.3%	121,1 k €	-25.8%	163,3 k €	-29.5%	231,7 k €	-13.2%	266,9 k €	+9.9%	242,9 k €	+5.1%	231,2 k €	+22.3%	189,0 k €	+11.6%	169,4 k €	-11.7%	191,7 k €	-6.3%	204,6 k €	-17.4%	247,6 k €	+40.2%	176,6 k €	+59.8%	110,5 k €	+112%	52,2 k €	-59.1%	127,5 k €	-22.6%	164,9 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		0,3 ETP		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 5 ended

Active mandates

Alain Bruyninckx

Director

Active

Ended mandates

Alain Bruyninckx

Director · since 25 septembre 2003

Ended

Alain Bruyninckx

Director · since 01 mai 1999

Ended

Alain Bruyninckx

Manager · since 01 mai 1999

Ended

Alain Bruyninkx

Manager · since 01 mai 1999

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/01/2026	10/01/2025	26/01/2024	31/01/2023	27/01/2022	30/01/2021
General meeting	01/12/2025	02/12/2024	04/12/2023	05/12/2022	06/12/2021	07/12/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	01/12/2025	27/01/2026	French	PDF
Micro model	30/06/2024	02/12/2024	10/01/2025	French	PDF
Micro model	30/06/2023	04/12/2023	26/01/2024	French	PDF
Micro model	30/06/2022	05/12/2022	31/01/2023	French	PDF
Abridged model	30/06/2021	06/12/2021	27/01/2022	French	PDF
Abridged model	30/06/2020	07/12/2020	30/01/2021	French	PDF
Abridged model	30/06/2019	02/12/2019	29/01/2020	French	PDF
Abridged model	30/06/2018	03/12/2018	10/01/2019	French	PDF
Abridged model	30/06/2017	04/12/2017	09/01/2018	French	PDF
Abridged model	30/06/2016	05/12/2016	10/01/2017	French	PDF
Abridged model	30/06/2015	17/12/2015	19/01/2016	French	PDF
Abridged model	30/06/2014	01/12/2014	14/01/2015	French	PDF
Abridged model	30/06/2013	02/12/2013	12/12/2013	French	PDF
Abridged model	30/06/2012	11/02/2013	20/02/2013	French	PDF
Abridged model	30/06/2011	05/12/2011	19/01/2012	French	PDF
Abridged model	30/06/2010	06/12/2010	15/02/2011	French	PDF
Abridged model	31/12/2008	15/06/2009	16/10/2009	French	PDF
Abridged model	31/12/2007	16/06/2008	18/06/2008	French	PDF
Abridged model	31/12/2006	15/06/2007	25/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 5 ended

Active mandates

Alain Bruyninckx

Director

Active

Ended mandates

Alain Bruyninckx

Director · since 25 septembre 2003

Ended

Alain Bruyninckx

Director · since 01 mai 1999

Ended

Alain Bruyninckx

Manager · since 01 mai 1999

Ended

Alain Bruyninkx

Manager · since 01 mai 1999

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/09/2024
MODIFICATION FORME JURIDIQUE - SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS
PDF
Registered office18/07/2014
SIEGE SOCIAL
PDF
Other10/12/2009
ASSEMBLEE GENERALE - ANNEE COMPTABLE
PDF
Registered office31/08/2004
SIEGE SOCIAL
PDF
Mandates10/10/2003
DENOMINATION - MODIFICATION FORME JURIDIQUE
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-5,7 k €↓
2024
Annual accounts 20248,8 k €↑
2023
Annual accounts 2023-4,5 k €↑
2022
Annual accounts 2022-10,0 k €↓
2021
Annual accounts 202120,1 k €↑
2020
Annual accounts 20206,2 k €↑
2019
Annual accounts 2019-38,1 k €↓
2018
Annual accounts 2018-9,8 k €↑
2017
Annual accounts 2017-46,5 k €↓
2016
Annual accounts 201638,9 k €↑
2015
Annual accounts 201528,6 k €↑
2014
Annual accounts 201414,1 k €↓
2013
Annual accounts 201317,7 k €↓
2012
Annual accounts 201241,1 k €↑
2011
Annual accounts 2011-54,7 k €↓
2010
Annual accounts 2010110,3 k €↑
2008
Annual accounts 200850,3 k €↑
2007
Annual accounts 2007-20,5 k €↓
2006
Annual accounts 2006-13,9 k €
20/12/1988
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

AB2

Overview

What does AB2 do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline