A.E.V.S.
ActiveSummary
A.E.V.S. has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €161k and a net result of €1k. Equity is growing by ~31.3% per year across the filed fiscal years. Its solvency ranks better than 19% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability68▼-2
Solvency43▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity short (current ratio 0.52 against 0.59 in 2024; short-term debt: 21.7% and cash: 2.4% of total assets), and 81.9% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
18.1%
Return on assets
0.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 7838 sector peers (2025).
NBB · sector comparisonPosition among 7838 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
29 d late
2024
26 d late
2023
30 d late
2022
31 d late
2021
29 d late
2020
17 d late
2019
27 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Financials · fiscal year 2025, abbreviated schema
Equity
€161k▲ 0.6%
2024 · €160k
Total assets
€894k▼ 9.1%
2024 · €984k
Net result
€1k▼ 90.7%
2024 · €11k
Working capital
€-92k▼ 3.4%
2024 · €-89k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€33k▲ 26.9%€109k▲ 229%€33k▼ 69.4%€30k▼ 8.8%€21k▼ 32.5%
Net result€15k▲ 7.7%€64k▲ 335%€16k▼ 75.2%€11k▼ 30.7%€1k▼ 90.7%
Equity€70k▲ 26.4%€134k▲ 90.9%€149k▲ 11.8%€160k▲ 7.3%€161k▲ 0.6%
Total assets€740k▲ 19.9%€1.08M▲ 45.3%€1.00M▼ 6.8%€984k▼ 1.8%€894k▼ 9.1%
Debt€670k▲ 19.3%€941k▲ 40.5%€852k▼ 9.5%€823k▼ 3.4%€732k▼ 11.0%
Working capital€-159k▲ 15.0%€-127k▲ 20.2%€-91k▲ 28.4%€-89k▲ 1.4%€-92k▼ 3.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 32% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €894k
Fixed assets
€792k ▼ 7.3%
Current assets
€101k ▼ 21.0%
Equity and liabilities €894k
Equity
€161k ▲ 0.6%
Debt
€732k ▼ 11.0%
Debt's share of the balance-sheet total falls from 83.7% to 81.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€83k▼
2024 · €104k
Cash flow
€64k▼
2024 · €85k
Current ratio
0.52▼
2024 · 0.59
Quick ratio
0.45▼
2024 · 0.57
Debt to equity
4.54▼
2024 · 5.13
ROE
0.6%▼
2024 · 6.8%
ROA
0.1%▼
2024 · 1.1%
Interest coverage
5.91▼
2024 · 9.35
Debt ≤ 1 year
€194k▼
2024 · €218k
Debt > 1 year
€539k▼
2024 · €580k
Income taxes
€10k▲
2024 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €11k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €44k | €85k | €78k | €74k | €63k | ▼ 15.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €8k | - | - | - | - | - |
| Other operating charges640/8 | €3k | €4k | €2k | €6k | €13k | ▲ 118% |
| Gross operating margin9900 | €88k | €199k | €113k | €110k | €96k | ▼ 12.7% |
| Operating profit (loss)9901 | €33k | €109k | €33k | €30k | €21k | ▼ 32.5% |
| Financial income75/76B | - | - | - | €1k | €5k | ▲ 271% |
| Recurring financial income75 | - | - | - | €1k | €452 | ▼ 63.7% |
| Non-recurring financial income76B | - | - | - | - | €4k | - |
| Financial charges65/66B | €14k | €14k | €12k | €11k | €14k | ▲ 26.4% |
| Recurring financial charges65 | €14k | €14k | €12k | €11k | €14k | ▲ 26.4% |
| Profit (loss) for the period before taxes9903 | €19k | €95k | €22k | €21k | €11k | ▼ 46.1% |
| Income taxes67/77 | €4k | €31k | €6k | €10k | €10k | ▲ 4.7% |
| Profit (loss) for the period9904 | €15k | €64k | €16k | €11k | €1k | ▼ 90.7% |
| Profit (loss) for the period to be appropriated9905 | €15k | €64k | €16k | €11k | €1k | ▼ 90.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €740k | €1.08M | €1.00M | €984k | €894k | ▼ 9.1% |
| Fixed assets21/28 | €636k | €881k | €837k | €855k | €792k | ▼ 7.3% |
| Tangible fixed assets22/27 | €635k | €881k | €837k | €855k | €792k | ▼ 7.3% |
| Land and buildings22 | €519k | €784k | €774k | €814k | €775k | ▼ 4.8% |
| Plant, machinery and equipment23 | €9k | €10k | €7k | €8k | €5k | ▼ 32.8% |
| Furniture and vehicles24 | €108k | €86k | €56k | €33k | €12k | ▼ 63.8% |
| Financial fixed assets28 | €540 | - | - | - | - | - |
| Current assets29/58 | €104k | €195k | €165k | €128k | €101k | ▼ 21.0% |
| Stocks and contracts in progress3 | €5k | €4k | €8k | €3k | €14k | ▲ 296% |
| Stocks30/36 | €5k | €4k | €8k | €3k | €9k | ▲ 173% |
| Contracts in progress37 | - | - | - | - | €4k | - |
| Amounts receivable within one year40/41 | €47k | €123k | €52k | €50k | €61k | ▲ 21.0% |
| Trade receivables40 | €43k | €119k | €35k | €32k | €53k | ▲ 62.8% |
| Other amounts receivable41 | €5k | €4k | €17k | €18k | €8k | ▼ 54.5% |
| Cash at bank and in hand54/58 | €51k | €68k | €102k | €64k | €22k | ▼ 66.0% |
| Deferred charges and accrued income490/1 | €417 | - | €4k | €10k | €5k | ▼ 52.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €740k | €1.08M | €1.00M | €984k | €894k | ▼ 9.1% |
| Equity10/15 | €70k | €134k | €149k | €160k | €161k | ▲ 0.6% |
| Contributions10/11 | €19k | €19k | €20k | €20k | €20k | = |
| Capital10 | €19k | €19k | - | - | - | - |
| Issued capital100 | €19k | €19k | - | - | - | - |
| Reserves13 | €51k | €115k | €129k | €140k | €141k | ▲ 0.7% |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Legal reserve130 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €50k | €113k | €129k | €140k | €141k | ▲ 0.7% |
| Amounts payable17/49 | €670k | €941k | €852k | €823k | €732k | ▼ 11.0% |
| Amounts payable after more than one year17 | €407k | €616k | €596k | €580k | €539k | ▼ 7.2% |
| Financial debts170/4 | €407k | €616k | €596k | €580k | €539k | ▼ 7.2% |
| Amounts payable within one year42/48 | €263k | €321k | €256k | €218k | €194k | ▼ 11.0% |
| Current portion of amounts payable after more than one year42 | €38k | €49k | €49k | €89k | €42k | ▼ 53.2% |
| Financial debts43 | - | - | - | - | €43k | - |
| Credit institutions430/8 | - | - | - | - | €43k | - |
| Trade debts44 | €39k | €92k | €68k | €48k | €34k | ▼ 28.6% |
| Suppliers440/4 | €39k | €92k | €68k | €48k | €34k | ▼ 28.6% |
| Taxes, remuneration and social security45 | - | €25k | €31k | €6k | €10k | ▲ 77.1% |
| Taxes450/3 | - | €25k | €31k | €6k | €10k | ▲ 77.1% |
| Other amounts payable47/48 | €185k | €155k | €108k | €75k | €65k | ▼ 14.0% |
| Accrued charges and deferred income492/3 | - | €4k | - | €25k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15k | €64k | €16k | €11k | €1k | ▼ 90.7% |
| + Depreciation and write-downs630 | €44k | €85k | €78k | €74k | €63k | ▼ 15.0% |
| Operating cash flow (approximation) | €59k | €149k | €94k | €85k | €64k | ▼ 24.8% |
| Investment in fixed assets (approximation) | - | €-330k | €-34k | €-92k | €0 | ▲ 100% |
| Change in cash | - | €16k | €35k | €-38k | €-42k | ▼ 11.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 29 days late
2025
31-12
Financial
Weakest financial yearnet €1k ▼90.7%
Net result drops to €1k, the lowest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
31-12
Financial
Equity above €150kEq €160k ▲7.3%
7 profitable years in a row build equity to €160k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €64k ▲335%
Operating result €109k, net result €64k, both a record.
31-12
Financial
Equity above €100kEq €134k ▲90.9%
5 profitable years in a row build equity to €134k.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 17 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
09-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 40 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Izegem · 1 establishment unit since 2009
Ground area
554 m²
Building footprint
183 m²
Volume, LiDAR
1,036 m³
Parcel 36493B0366/00E000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Lendeleedsestraat 193, 8870 Izegem
since 20092.178.478.359
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36493B0366/00E000 | Flanders | 554 m² | 1 · 183 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 402 EUR awarded · 402 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 402 EUR | 402 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
EUROTECHNICAL CENTER
BE 0457.232.165
Jalhay · Eq €161,476
Elektro Menu
BE 0567.619.056
Ieper · Eq €161,496
Ama-net
BE 0770.825.643
Antwerpen · Eq €161,510
KORK PLUS
BE 0650.872.275
Lier · Eq €161,334
'T GROENENHOF
BE 0831.096.691
Dendermonde · Eq €161,314
Of 22,832 companies in sector 43211 we hold annual accounts for 10,326. 8,542 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-04-2009
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
Scores and ratios are computed by Checked and are not a credit decision.