A.I.S. CONSTRUCT
ActiveSummary
A.I.S. CONSTRUCT has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.9m and a net result of €103,907. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 69% of 763 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability73=
Solvency83▲+5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130,000 at 30 days acceptable
Liquidity ample (current ratio 2.57 against 1.76 in 2023; short-term debt: 12.6% and cash: 1.1% of total assets), and 42.1% of the assets are financed with debt.
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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 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% 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 2024Solvency, return and age of the figures
Solvency
57.9%
Return on assets
3.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
42 d early
2024
57 d early
2023
9 d early
2022
68 d early
2021
46 d late
2020
15 d early
2019
9 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 22 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
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. Usually files around 19 June (4 of the last 5 filed years within 34 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check
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Financials · fiscal year 2024, full schema
In the rankings
#2 company by total assets in Butgenbach, Manufacturing sector#2 company by equity in Butgenbach, Manufacturing sector#10 employer in Butgenbach
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€103,907▼ 11.8%
2023 · €117,773
Working capital
€662,988▲ 47.0%
2023 · €451,084
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€92,537€340,915€336,184▼ 1.4%€212,620▼ 36.8%€201,422▼ 5.3%
Net result-€100,575below the sector's middle half€311,211within the sector's middle half€302,874within the sector's middle half▼ 2.7%€117,773within the sector's middle half▼ 61.1%€103,907within the sector's middle half▼ 11.8%
Equity€1.1mwithin the sector's middle half▼ 8.8%€1.4mwithin the sector's middle half▲ 30.8%€1.7mwithin the sector's middle half▲ 25.9%€1.8mwithin the sector's middle half▲ 6.1%€1.9mwithin the sector's middle half▲ 5.0%
Total assets€2.6mwithin the sector's middle half▲ 20.5%€2.8mwithin the sector's middle half▲ 7.9%€3.6mwithin the sector's middle half▲ 30.7%€3.5mwithin the sector's middle half▼ 3.5%€3.4mwithin the sector's middle half▼ 3.4%
Debt€1.5m▲ 56.0%€1.4m▼ 8.3%€1.9m▲ 35.5%€1.6m▼ 12.4%€1.4m▼ 13.0%
Working capital€111,133within the sector's middle half▼ 53.0%€443,614within the sector's middle half▲ 299%€373,782within the sector's middle half▼ 15.7%€451,084within the sector's middle half▲ 20.7%€662,988within the sector's middle half▲ 47.0%
Solvency41.5%within the sector's middle half▼ 13.3pp50.3%within the sector's middle half▲ 8.8pp48.4%within the sector's middle half▼ 1.8pp53.2%within the sector's middle half▲ 4.8pp57.9%within the sector's middle half▲ 4.7pp
Current ratio1.16within the sector's middle half▼ 0.311.74within the sector's middle half▲ 0.581.56within the sector's middle half▼ 0.191.76within the sector's middle half▲ 0.202.57within the sector's middle half▲ 0.81
Return on assets (ROA)-3.9%below the sector's middle half▼ 10.2pp11.3%above the sector's middle half▲ 15.2pp8.4%within the sector's middle half▼ 2.9pp3.4%within the sector's middle half▼ 5.0pp3.1%within the sector's middle half▼ 0.3pp
Staff (FTE)23.6within the sector's middle half▼ 0.8%24.4within the sector's middle half▲ 3.4%26.1within the sector's middle half▲ 7.0%26.8within the sector's middle half▲ 2.7%23.8within the sector's middle half▼ 11.2%
above
within
below
the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 5% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.4m
Fixed assets
€2.3m ▼ 6.5%
Current assets
€1.1m ▲ 3.7%
Equity and liabilities €3.4m
Equity
€1.9m ▲ 5.0%
Debt
€1.4m ▼ 13.0%
Debt's share of the balance-sheet total falls from 46.8% to 42.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€571,214▼
2023 · €584,194
Cash flow
€473,699▼
2023 · €489,348
Quick ratio
1.20▲
2023 · 0.80
Debt to equity
0.73▼
2023 · 0.88
ROE
5.3%▼
2023 · 6.4%
Interest coverage
7.09▲
2023 · 6.89
Debt ≤ 1 year
€423,084▼
2023 · €596,081
Debt > 1 year
€978,874▼
2023 · €1.0m
Income taxes
€41,273▲
2023 · €39,482
Staff costs
€1.3m▼
2023 · €1.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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% 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 14,732 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €2,511 | €263 | - | - | - |
| Remuneration, social security and pensions62 | - | €1.1m | €1.2m | €1.3m | €1.3m | ▼ 3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €279,305 | €317,066 | €381,801 | €371,574 | €369,792 | ▼ 0.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€5,307 | - | - | - | - |
| Other operating charges640/8 | - | €23,718 | €17,676 | €29,382 | €27,421 | ▼ 6.7% |
| Gross operating margin9900 | €1.2m | €1.8m | €1.9m | €1.9m | €1.9m | ▼ 3.2% |
| Operating profit (loss)9901 | -€92,537 | €340,915 | €336,184 | €212,620 | €201,422 | ▼ 5.3% |
| Financial income75/76B | - | €30,850 | €31,726 | €29,384 | €24,333 | ▼ 17.2% |
| Recurring financial income75 | €30,067 | €30,850 | €31,726 | €29,384 | €24,333 | ▼ 17.2% |
| Financial charges65/66B | - | €60,156 | €64,610 | €84,748 | €80,575 | ▼ 4.9% |
| Recurring financial charges65 | €37,729 | €60,156 | €64,610 | €84,748 | €80,575 | ▼ 4.9% |
| Profit (loss) for the period before taxes9903 | -€100,199 | €311,609 | €303,300 | €157,255 | €145,180 | ▼ 7.7% |
| Income taxes67/77 | €376 | €398 | €426 | €39,482 | €41,273 | ▲ 4.5% |
| Profit (loss) for the period9904 | -€100,575 | €311,211 | €302,874 | €117,773 | €103,907 | ▼ 11.8% |
| Profit (loss) for the period to be appropriated9905 | -€100,575 | €311,211 | €302,874 | €117,773 | €103,907 | ▼ 11.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.6m | €2.8m | €3.6m | €3.5m | €3.4m | ▼ 3.4% |
| Fixed assets21/28 | €1.8m | €1.7m | €2.6m | €2.4m | €2.3m | ▼ 6.5% |
| Tangible fixed assets22/27 | €1.8m | €1.7m | €2.6m | €2.4m | €2.3m | ▼ 6.5% |
| Land and buildings22 | - | €976,836 | €1.0m | €984,765 | €939,733 | ▼ 4.6% |
| Plant, machinery and equipment23 | - | €422,627 | €354,720 | €316,212 | €435,586 | ▲ 37.8% |
| Furniture and vehicles24 | - | €42,764 | €24,854 | €136,796 | €167,313 | ▲ 22.3% |
| Leasing and similar rights25 | - | €272,250 | €1.1m | €988,835 | €726,584 | ▼ 26.5% |
| Financial fixed assets28 | €135 | €135 | €135 | €135 | €135 | = |
| Current assets29/58 | €800,897 | €1.0m | €1.0m | €1.0m | €1.1m | ▲ 3.7% |
| Stocks and contracts in progress3 | €482,503 | €644,868 | €540,191 | €571,018 | €577,815 | ▲ 1.2% |
| Stocks30/36 | - | €644,868 | €540,191 | €571,018 | €577,815 | ▲ 1.2% |
| Amounts receivable within one year40/41 | €299,305 | €278,111 | €494,736 | €331,898 | €466,413 | ▲ 40.5% |
| Trade receivables40 | - | €278,111 | €494,736 | €255,733 | €447,779 | ▲ 75.1% |
| Other amounts receivable41 | - | - | - | €76,165 | €18,634 | ▼ 75.5% |
| Cash at bank and in hand54/58 | €12,612 | €111,669 | €2,796 | €140,224 | €37,669 | ▼ 73.1% |
| Deferred charges and accrued income490/1 | - | €4,489 | €4,737 | €4,025 | €4,176 | ▲ 3.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.6m | €2.8m | €3.6m | €3.5m | €3.4m | ▼ 3.4% |
| Equity10/15 | €1.1m | €1.4m | €1.7m | €1.8m | €1.9m | ▲ 5.0% |
| Contributions10/11 | - | €483,600 | €483,600 | €483,600 | €483,600 | = |
| Reserves13 | €571,555 | €882,766 | €1.2m | €1.3m | €1.4m | ▲ 8.0% |
| Non-distributable reserves130/1 | - | €48,360 | €48,360 | - | - | - |
| Reserves not available under the articles1311 | - | €48,360 | €48,360 | - | - | - |
| Tax-exempt reserves132 | - | €39,450 | €39,450 | €39,450 | €39,450 | = |
| Distributable reserves133 | - | €794,956 | €1.1m | €1.3m | €1.4m | ▲ 8.2% |
| Investment grants15 | - | €18,507 | €74,057 | €62,167 | €51,436 | ▼ 17.3% |
| Amounts payable17/49 | €1.5m | €1.4m | €1.9m | €1.6m | €1.4m | ▼ 13.0% |
| Amounts payable after more than one year17 | €795,596 | €765,792 | €1.2m | €1.0m | €978,874 | ▼ 3.9% |
| Financial debts170/4 | - | €621,346 | €1.0m | €884,608 | €736,384 | ▼ 16.8% |
| Other amounts payable178/9 | - | €144,446 | €133,040 | €133,997 | €242,490 | ▲ 81.0% |
| Amounts payable within one year42/48 | €689,765 | €595,522 | €668,677 | €596,081 | €423,084 | ▼ 29.0% |
| Current portion of amounts payable after more than one year42 | - | €281,405 | €247,852 | €154,227 | €148,224 | ▼ 3.9% |
| Trade debts44 | €108,066 | €125,025 | €210,292 | €256,061 | €95,398 | ▼ 62.7% |
| Suppliers440/4 | - | €125,025 | €210,292 | €256,061 | €95,398 | ▼ 62.7% |
| Advances received on contracts in progress46 | - | - | - | €5,025 | €8,777 | ▲ 74.7% |
| Taxes, remuneration and social security45 | - | €189,092 | €210,533 | €180,768 | €170,686 | ▼ 5.6% |
| Taxes450/3 | - | €32,429 | €26,711 | €22,879 | €26,750 | ▲ 16.9% |
| Remuneration and social security454/9 | - | €156,663 | €183,822 | €157,889 | €143,936 | ▼ 8.8% |
| Accrued charges and deferred income492/3 | - | €7,562 | €8,070 | €10,042 | €11,110 | ▲ 10.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€100,575 | €311,211 | €302,874 | €117,773 | €103,907 | ▼ 11.8% |
| + Depreciation and write-downs630 | €279,305 | €317,066 | €381,801 | €371,574 | €369,792 | ▼ 0.5% |
| Operating cash flow (approximation) | €178,729 | €628,277 | €684,675 | €489,348 | €473,699 | ▼ 3.2% |
| Investment in fixed assets (approximation) | - | -€280,291 | -€1.2m | -€242,117 | -€212,400 | ▲ 12.3% |
| Change in cash | - | €99,057 | -€108,873 | €137,428 | -€102,556 | ▼ 175% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
24-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
15-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 46 days late
2021
31-12
Financial
Back to profitnet €311,211
Net result €311,211 after one loss-making year.
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet -€100,575
Net result drops to -€100,575, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Bütgenbach · 1 establishment unit since 1998
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Zur Domäne 594750 Bütgenbach1 establishment unit
Zur Domäne 59, 4750 Bütgenbach
since 19982.086.162.667
Recognitions · licences · registrations
Recognised contractor
3 categoriesA.I.S. CONSTRUCT SRL45050
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Of 3,983 companies in sector 25110 we hold annual accounts for 2,145. 1,056 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
Founded26-03-1998
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
25120Manufacture of fabricated metal products, except machinery and equipment
25401Forging of metal
E-invoicing
Reachable via Peppol
Peppol ID
0208:0462946851
Also
9925:BE0462946851
Registered
02-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.