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A-Connect

Active
Private limited companyfounded 2020active for 6 yearsBoterlaarbaan 263, 2100 Antwerpen, BelgiumKBO/BCE: BE 0752.836.992
Summary

The computed 12-month bankruptcy probability of A-Connect is 10.8% (high). For A-Connect, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €290,480 and a net result of €174,140. Its solvency ranks better than 82% of 2,116 sector peers (NACE 25, financial year 2022). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2022, micro format

2023 annual accounts not yet filed, deadline passed on 31 July 2024 Financial year closed on 31 December 2023; filing due at the latest 7 months after the close (Companies Code art. 3:10). 3 financial years without a filing since the last one filed. Source: NBB filings, as of 26 October 2026.

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€290,480▲ 146%
2021 · €117,940
Total assets
€391,257▲ 138%
2021 · €164,342
Net result
€174,140▲ 54.2%
2021 · €112,940
Working capital
€268,154▲ 138%
2021 · €112,446
Trend over the years

2021 to 2022, 2 financial years

The operating result rises in 2022; 2022 is 57% above 2021.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€226,176 2022 Net result€174,140 2022

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20212022
Operating result€144,359-€226,176▲ 56.7%
Net result€112,940above the sector's middle half-€174,140above the sector's middle half▲ 54.2%
Equity€117,940within the sector's middle half-€290,480above the sector's middle half▲ 146%
Total assets€164,342within the sector's middle half-€391,257within the sector's middle half▲ 138%
Debt€46,402-€100,777▲ 117%
Working capital€112,446above the sector's middle half-€268,154above the sector's middle half▲ 138%
Solvency71.8%above the sector's middle half-74.2%above the sector's middle half▲ 2.5pp
Current ratio3.42above the sector's middle half-3.66above the sector's middle half▲ 0.24
Return on assets (ROA)68.7%above the sector's middle half-44.5%above the sector's middle half▼ 24.2pp
Staff (FTE)1.7
above within below the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €391,257
Fixed assets €22,326 ▲ 306%
Current assets €368,931 ▲ 132%
Equity and liabilities €391,257
Equity €290,480 ▲ 146%
Debt €100,777 ▲ 117%
Debt's share of the balance-sheet total falls from 28.2% to 25.8%. Equity and debt are higher.
Key figures and ratios
2022 value · change against 2021
EBITDA
€229,333▲
2021 · €145,527
Cash flow
€177,297▲
2021 · €114,107
Debt to equity
0.35▼
2021 · 0.39
ROE
59.9%▼
2021 · 95.8%
Interest coverage
over 100
2021 · over 100
Debt ≤ 1 year
€100,777▲
2021 · €46,402
Income taxes
€51,963▲
2021 · €31,854
Staff costs
€17,006
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 44 lines
Balance sheet Code20212022
Assets
Total assets20/58€164,342€391,257▲
Fixed assets21/28€5,494€22,326▲
Tangible fixed assets22/27€5,494€22,326▲
Plant, machinery and equipment23€5,494€20,547▲
Furniture and vehicles24-€1,779
Current assets29/58€158,848€368,931▲
Amounts receivable after more than one year29€9,515€88,558▲
Other amounts receivable291€9,515€88,558▲
Amounts receivable within one year40/41€18,413€62,504▲
Trade receivables40€18,313€62,404▲
Other amounts receivable41€100€100=
Cash at bank and in hand54/58€130,920€217,868▲
Equity and liabilities
Total equity and liabilities10/49€164,342€391,257▲
Equity10/15€117,940€290,480▲
Contributions10/11€5,000€5,000=
Reserves13€112,940€285,480▲
Distributable reserves133€112,940€285,480▲
Amounts payable17/49€46,402€100,777▲
Amounts payable within one year42/48€46,402€100,777▲
Trade debts44€2,854€8,483▲
Suppliers440/4€2,854€8,483▲
Taxes, remuneration and social security45€43,548€91,174▲
Taxes450/3€43,548€83,195▲
Remuneration and social security454/9-€7,979
Other amounts payable47/48-€1,120
Income statement Code20212022
Remuneration, social security and pensions62-€17,006
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,168€3,157▲
Other operating charges640/8€1,229€887▼
Gross operating margin9900€146,755€247,226▲
Operating profit (loss)9901€144,359€226,176▲
Financial income75/76B€521€201▼
Recurring financial income75€521€201▼
Financial charges65/66B€87€274▲
Recurring financial charges65€87€274▲
Profit (loss) for the period before taxes9903€144,794€226,103▲
Income taxes67/77€31,854€51,963▲
Profit (loss) for the period9904€112,940€174,140▲
Profit (loss) for the period to be appropriated9905€112,940€174,140▲
Appropriation of the result
Profit (loss) to be appropriated9906€112,940€174,140▲
Transfer from equity791/2-€1,600
Transfer to equity691/2€112,940€174,140▲
To other reserves6921€112,940€174,140▲
Profit to be distributed694/7-€1,600
Return on contributions (dividend)694-€1,600

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022Change
Remuneration, social security and pensions62-€17,006-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,168€3,157▲ 170%
Other operating charges640/8€1,229€887▼ 27.8%
Gross operating margin9900€146,755€247,226▲ 68.5%
Operating profit (loss)9901€144,359€226,176▲ 56.7%
Financial income75/76B€521€201▼ 61.4%
Recurring financial income75€521€201▼ 61.4%
Financial charges65/66B€87€274▲ 215%
Recurring financial charges65€87€274▲ 215%
Profit (loss) for the period before taxes9903€144,794€226,103▲ 56.2%
Income taxes67/77€31,854€51,963▲ 63.1%
Profit (loss) for the period9904€112,940€174,140▲ 54.2%
Profit (loss) for the period to be appropriated9905€112,940€174,140▲ 54.2%
Line20212022Change
Assets
Total assets20/58€164,342€391,257▲ 138%
Fixed assets21/28€5,494€22,326▲ 306%
Tangible fixed assets22/27€5,494€22,326▲ 306%
Plant, machinery and equipment23€5,494€20,547▲ 274%
Furniture and vehicles24-€1,779-
Current assets29/58€158,848€368,931▲ 132%
Amounts receivable after more than one year29€9,515€88,558▲ 831%
Other amounts receivable291€9,515€88,558▲ 831%
Amounts receivable within one year40/41€18,413€62,504▲ 239%
Trade receivables40€18,313€62,404▲ 241%
Other amounts receivable41€100€100=
Cash at bank and in hand54/58€130,920€217,868▲ 66.4%
Equity and liabilities
Total equity and liabilities10/49€164,342€391,257▲ 138%
Equity10/15€117,940€290,480▲ 146%
Contributions10/11€5,000€5,000=
Reserves13€112,940€285,480▲ 153%
Distributable reserves133€112,940€285,480▲ 153%
Amounts payable17/49€46,402€100,777▲ 117%
Amounts payable within one year42/48€46,402€100,777▲ 117%
Trade debts44€2,854€8,483▲ 197%
Suppliers440/4€2,854€8,483▲ 197%
Taxes, remuneration and social security45€43,548€91,174▲ 109%
Taxes450/3€43,548€83,195▲ 91.0%
Remuneration and social security454/9-€7,979-
Other amounts payable47/48-€1,120-
Line20212022Change
Profit (loss) for the period9904€112,940€174,140▲ 54.2%
+ Depreciation and write-downs630€1,168€3,157▲ 170%
Operating cash flow (approximation)€114,107€177,297▲ 55.4%
Investment in fixed assets (approximation)--€19,990-
Change in cash-€86,948-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2022 micro format 30-11-2023 2023-00521924
31-12-2021 micro format 30-09-2022 2022-20452403

Similar companies · same sector, comparable size

Of the 3,416 active companies whose main activity is machining of metals (NACE 25530), figures are known for 1,655. 1,338 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.