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A & E-Tech

Active
Private limited companyfounded 2014active for 12 yearsGrote Baan 152, 9250 Waasmunster, BelgiumKBO/BCE: BE 0548.708.016
Summary

The computed 12-month bankruptcy probability of A & E-Tech is 2.0% (moderate). The 2025 annual accounts show equity of €303,676 and a net result of €39,642. Equity is growing by about 14% per year across the filed financial years. The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (60 days) Filed on 29 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00528969.

Equity
€303,676▼ 3.3%
2024 · €314,107
Total assets
€910,590▲ 4.3%
2024 · €872,767
Net result
€39,642▼ 34.9%
2024 · €60,934
Working capital
€275,662▲ 24.9%
2024 · €220,770
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result falls in 2025; 2025 is 32% below 2024.

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

Operating result€58,851 2025 Net result€39,642 2025

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

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€90,367-€72,712▼ 19.5%€158,670▲ 118%€39,515▼ 75.1%-€15,522€73,785€87,116▲ 18.1%€58,851▼ 32.4%
Net result€70,720-€50,073▼ 29.2%€120,887▲ 141%€22,113▼ 81.7%-€27,554€46,655€60,934▲ 30.6%€39,642▼ 34.9%
Equity€67,983-€118,056▲ 73.7%€232,943▲ 97.3%€255,056▲ 9.5%€227,582▼ 10.8%€274,236▲ 20.5%€314,107▲ 14.5%€303,676▼ 3.3%
Total assets€209,155-€222,351▲ 6.3%€394,105▲ 77.2%€805,937▲ 104%€813,904▲ 1.0%€787,856▼ 3.2%€872,767▲ 10.8%€910,590▲ 4.3%
Debt€141,172-€104,294▼ 26.1%€136,489▲ 30.9%€511,171▲ 275%€546,211▲ 6.9%€478,180▼ 12.5%€523,220▲ 9.4%€597,638▲ 14.2%
Working capital€58,622-€78,401▲ 33.7%€199,291▲ 154%€159,056▼ 20.2%€149,434▼ 6.0%€178,094▲ 19.2%€220,770▲ 24.0%€275,662▲ 24.9%
Staff (FTE)1.4-3.1▲ 121%3.7▲ 19.4%4.2▲ 13.5%5.2▲ 23.8%6.3▲ 21.2%6.6▲ 4.8%7▲ 6.1%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €910,590
Fixed assets €355,610 ▼ 17.2%
Current assets €554,980 ▲ 25.3%
Equity and liabilities €910,590
Equity €303,676 ▼ 3.3%
Provisions €9,276 ▼ 73.8%
Debt €597,638 ▲ 14.2%
Debt's share of the balance-sheet total rises from 59.9% to 65.6%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€133,703▼
2024 · €161,830
Cash flow
€114,495▼
2024 · €135,649
Current ratio
1.99▼
2024 · 1.99
Debt to equity
1.97▲
2024 · 1.67
ROE
13.1%▼
2024 · 19.4%
ROA
4.4%▼
2024 · 7.0%
Interest coverage
10.18▼
2024 · 12.14
Debt ≤ 1 year
€279,318▲
2024 · €222,302
Debt > 1 year
€318,321▲
2024 · €300,918
Income taxes
€15,592▼
2024 · €18,594
Staff costs
€425,123▲
2024 · €331,283
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 10,905 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.1% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.7% went bankrupt
4.0% stopped otherwise
95.1% still going

For this company itself Checked computes a higher bankruptcy probability: 2.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 10,905 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 61 lines
Balance sheet Code20242025
Assets
Total assets20/58€872,767€910,590▲
Fixed assets21/28€429,695€355,610▼
Tangible fixed assets22/27€429,695€355,610▼
Land and buildings22€334,438€304,438▼
Plant, machinery and equipment23€5,452€1,964▼
Furniture and vehicles24€23,591€14,751▼
Leasing and similar rights25€66,214€34,457▼
Current assets29/58€443,072€554,980▲
Amounts receivable within one year40/41€394,397€502,066▲
Trade receivables40€219,757€230,248▲
Other amounts receivable41€174,640€271,818▲
Cash at bank and in hand54/58€6,886€27,797▲
Deferred charges and accrued income490/1€41,789€25,116▼
Equity and liabilities
Total equity and liabilities10/49€872,767€910,590▲
Equity10/15€314,107€303,676▼
Contributions10/11€18,600€18,600=
Reserves13€295,507€285,076▼
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€293,647€283,216▼
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€35,440€9,276▼
Provisions for liabilities and charges160/5€35,440€9,276▼
Other liabilities and charges164/5€35,440€9,276▼
Amounts payable17/49€523,220€597,638▲
Amounts payable after more than one year17€300,918€318,321▲
Financial debts170/4€300,918€318,321▲
Amounts payable within one year42/48€222,302€279,318▲
Current portion of amounts payable after more than one year42€54,687€59,572▲
Financial debts43€40,000€50,000▲
Credit institutions430/8€40,000€50,000▲
Trade debts44€75,135€49,361▼
Suppliers440/4€75,135€49,361▼
Taxes, remuneration and social security45€17,981€40,986▲
Taxes450/3€6,535€19,490▲
Remuneration and social security454/9€11,446€21,497▲
Other amounts payable47/48€34,500€79,398▲
Income statement Code20242025
Non-recurring operating income76A€1,000€9,812▲
Remuneration, social security and pensions62€331,283€425,123▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74,714€74,853▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€0-€26,164▼
Other operating charges640/8€6,344€10,808▲
Non-recurring operating charges66A-€27,958
Gross operating margin9900€499,457€571,428▲
Operating profit (loss)9901€87,116€58,851▼
Financial income75/76B€5,741€9,523▲
Recurring financial income75€5,741€9,523▲
Financial charges65/66B€13,329€13,140▼
Recurring financial charges65€13,329€13,140▼
Profit (loss) for the period before taxes9903€79,528€55,234▼
Income taxes67/77€18,594€15,592▼
Profit (loss) for the period9904€60,934€39,642▼
Profit (loss) for the period to be appropriated9905€60,934€39,642▼
Appropriation of the result
Profit (loss) to be appropriated9906€61,970€39,642▼
Profit (loss) brought forward from the previous period14P€1,036€0▼
Transfer from equity791/2-€50,073
Transfer to equity691/2€27,470€39,642▲
To other reserves6921€27,470€39,642▲
Profit to be distributed694/7€34,500€50,073▲
Return on contributions (dividend)694€34,500€50,073▲
Social balance sheet
Average headcount (FTE)90876.67.0▲

The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€7,982€23,234€0€1,000€9,812▲ 881%
Remuneration, social security and pensions62---€188,205€260,530€295,719€331,283€425,123▲ 28.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,308€29,755€34,432€74,347€66,287€67,699€74,714€74,853▲ 0.2%
Provisions for liabilities and charges: additions (uses and reversals)635/8---€15,038€402-€4,672€0-€26,164-
Other operating charges640/8---€50,731€5,258€16,141€6,344€10,808▲ 70.4%
Non-recurring operating charges66A---€13,489€0--€27,958-
Gross operating margin9900€181,597€258,005€376,749€381,323€316,956€448,673€499,457€571,428▲ 14.4%
Operating profit (loss)9901€90,367€72,712€158,670€39,515-€15,522€73,785€87,116€58,851▼ 32.4%
Financial income75/76B---€540€717€1,724€5,741€9,523▲ 65.9%
Recurring financial income75€166€1,350-€540€717€1,724€5,741€9,523▲ 65.9%
Financial charges65/66B---€7,831€12,530€9,880€13,329€13,140▼ 1.4%
Recurring financial charges65€4,578€2,282€543€7,831€12,530€9,880€13,329€13,140▼ 1.4%
Profit (loss) for the period before taxes9903€85,954€71,779€158,128€32,224-€27,334€65,630€79,528€55,234▼ 30.5%
Income taxes67/77€15,234€21,706€37,241€10,111€220€18,975€18,594€15,592▼ 16.1%
Profit (loss) for the period9904€70,720€50,073€120,887€22,113-€27,554€46,655€60,934€39,642▼ 34.9%
Profit (loss) for the period to be appropriated9905€70,720€50,073€120,887€22,113-€27,554€46,655€60,934€39,642▼ 34.9%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€209,155€222,351€394,105€805,937€813,904€787,856€872,767€910,590▲ 4.3%
Fixed assets21/28€35,791€53,077€62,550€554,169€488,436€453,647€429,695€355,610▼ 17.2%
Tangible fixed assets22/27€35,345€52,631€62,104€553,723€488,436€453,647€429,695€355,610▼ 17.2%
Land and buildings22---€424,438€394,438€364,438€334,438€304,438▼ 9.0%
Plant, machinery and equipment23---€5,603€2,505€7,657€5,452€1,964▼ 64.0%
Furniture and vehicles24---€28,008€18,708€31,657€23,591€14,751▼ 37.5%
Leasing and similar rights25---€95,674€72,784€49,894€66,214€34,457▼ 48.0%
Financial fixed assets28€446€446€446€446€0----
Current assets29/58€173,364€169,274€331,554€251,768€325,468€334,209€443,072€554,980▲ 25.3%
Amounts receivable within one year40/41€118,192€69,840€179,196€169,730€240,174€239,336€394,397€502,066▲ 27.3%
Trade receivables40---€130,148€167,471€167,894€219,757€230,248▲ 4.8%
Other amounts receivable41---€39,582€72,702€71,442€174,640€271,818▲ 55.6%
Cash at bank and in hand54/58€55,172€93,800€140,261€72,121€41,641€22,121€6,886€27,797▲ 304%
Deferred charges and accrued income490/1---€9,917€43,654€72,752€41,789€25,116▼ 39.9%
Equity and liabilities
Total equity and liabilities10/49€209,155€222,351€394,105€805,937€813,904€787,856€872,767€910,590▲ 4.3%
Equity10/15€67,983€118,056€232,943€255,056€227,582€274,236€314,107€303,676▼ 3.3%
Contributions10/11€6,200€6,200-€6,200€6,200€6,200€18,600€18,600=
Reserves13€61,783€111,856€226,743€248,856€221,382€268,036€295,507€285,076▼ 3.5%
Non-distributable reserves130/1---€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311---€1,860€1,860€1,860€1,860€1,860=
Distributable reserves133---€246,996€219,522€266,176€293,647€283,216▼ 3.6%
Profit (loss) carried forward14€25,056€57,774-€0€0-€0€0-
Provisions and deferred taxes16--€24,672€39,710€40,112€35,440€35,440€9,276▼ 73.8%
Provisions for liabilities and charges160/5---€39,710€40,112€35,440€35,440€9,276▼ 73.8%
Other liabilities and charges164/5---€39,710€40,112€35,440€35,440€9,276▼ 73.8%
Amounts payable17/49€141,172€104,294€136,489€511,171€546,211€478,180€523,220€597,638▲ 14.2%
Amounts payable after more than one year17€26,430€8,021€4,226€418,460€370,177€322,064€300,918€318,321▲ 5.8%
Financial debts170/4---€418,460€370,177€322,064€300,918€318,321▲ 5.8%
Amounts payable within one year42/48€114,742€90,873€132,263€92,711€176,034€156,115€222,302€279,318▲ 25.6%
Current portion of amounts payable after more than one year42---€50,004€48,131€48,112€54,687€59,572▲ 8.9%
Financial debts43----€8,245€37,430€40,000€50,000▲ 25.0%
Credit institutions430/8-----€37,430€40,000€50,000▲ 25.0%
Other loans439----€8,245€0---
Trade debts44€6,557€27,724€41,151€21,663€97,074€50,362€75,135€49,361▼ 34.3%
Suppliers440/4---€21,663€97,074€50,362€75,135€49,361▼ 34.3%
Taxes, remuneration and social security45---€19,852€22,584€20,211€17,981€40,986▲ 128%
Taxes450/3---€10,116€10,450€3,807€6,535€19,490▲ 198%
Remuneration and social security454/9---€9,736€12,134€16,403€11,446€21,497▲ 87.8%
Other amounts payable47/48---€1,192€0-€34,500€79,398▲ 130%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€70,720€50,073€120,887€22,113-€27,554€46,655€60,934€39,642▼ 34.9%
+ Depreciation and write-downs630€24,308€29,755€34,432€74,347€66,287€67,699€74,714€74,853▲ 0.2%
Operating cash flow (approximation)€95,028€79,828€155,319€96,459€38,733€114,354€135,649€114,495▼ 15.6%
Investment in fixed assets (approximation)--€47,041-€43,905-€565,966-€554-€32,910-€50,763-€767▲ 98.5%
Change in cash-€38,628€46,462-€68,141-€30,480-€19,520-€15,236€20,912-

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

Latest 10 of 12 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 29-09-2026 2026-00528969
31-12-2024 abbreviated format 30-09-2025 2025-00520830
31-12-2023 abbreviated format 20-06-2024 2024-00150685
31-12-2022 micro format 31-08-2023 2023-00434786
31-12-2021 micro format 21-12-2022 2022-20544322
31-12-2020 micro format 23-12-2021 2021-81500011
31-12-2019 micro format 09-11-2020 2020-69500029
31-12-2018 micro format 05-08-2019 2019-43900230
31-12-2017 micro format 06-07-2018 2018-30700064
31-12-2016 micro format 06-07-2017 2017-28800213

Show all 12 filings

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