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 €1.94M and a net result of €104k. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 70% of 760 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
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 €130k 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.
Credit advice for your own amount and term
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
Sector 25
higher
← 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 31-12-2024 was due by 31-07-2025 and was filed on 04-06-2025, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
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 →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€104k▼ 11.8%
2023 · €118k
2018: €113k
2019: €133k
2020: €-101k
2021: €311k
2022: €303k
2023: €118k
2018 → 2024
Working capital
€663k▲ 47.0%
2023 · €451k
2018: €93k
2019: €236k
2020: €111k
2021: €444k
2022: €374k
2023: €451k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.06M-€1.38M▲ 30.8%€1.74M▲ 25.9%€1.85M▲ 6.1%€1.94M▲ 5.0%
Operating result€-93k-€341k€336k▼ 1.4%€213k▼ 36.8%€201k▼ 5.3%
Net result€-101k-€311k€303k▼ 2.7%€118k▼ 61.1%€104k▼ 11.8%
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 €3.36M
Fixed assets
€2.27M ▼ 6.5%
Current assets
€1.09M ▲ 3.7%
Equity and liabilities €3.36M
Equity
€1.94M ▲ 5.0%
Debt
€1.41M ▼ 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
€571k▼
2023 · €584k
Cash flow
€474k▼
2023 · €489k
Current ratio
2.57▲
2023 · 1.76
Quick ratio
1.20▲
2023 · 0.80
Debt to equity
0.73▼
2023 · 0.88
ROE
5.3%▼
2023 · 6.4%
ROA
3.1%▼
2023 · 3.4%
Interest coverage
7.09▲
2023 · 6.89
Debt ≤ 1 year
€423k▼
2023 · €596k
Debt > 1 year
€979k▼
2023 · €1.02M
Income taxes
€41k▲
2023 · €39k
Staff costs
€1.26M▼
2023 · €1.30M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€3.47M€3.36M▼
Fixed assets21/28€2.43M€2.27M▼
Tangible fixed assets22/27€2.43M€2.27M▼
Land and buildings22€985k€940k▼
Plant, machinery and equipment23€316k€436k▲
Furniture and vehicles24€137k€167k▲
Leasing and similar rights25€989k€727k▼
Financial fixed assets28€135€135=
Current assets29/58€1.05M€1.09M▲
Stocks and contracts in progress3€571k€578k▲
Stocks30/36€571k€578k▲
Amounts receivable within one year40/41€332k€466k▲
Trade receivables40€256k€448k▲
Other amounts receivable41€76k€19k▼
Cash at bank and in hand54/58€140k€38k▼
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€3.47M€3.36M▼
Equity10/15€1.85M€1.94M▲
Contributions10/11€484k€484k=
Reserves13€1.30M€1.41M▲
Tax-exempt reserves132€39k€39k=
Distributable reserves133€1.26M€1.37M▲
Investment grants15€62k€51k▼
Amounts payable17/49€1.62M€1.41M▼
Amounts payable after more than one year17€1.02M€979k▼
Financial debts170/4€885k€736k▼
Other amounts payable178/9€134k€242k▲
Amounts payable within one year42/48€596k€423k▼
Current portion of amounts payable after more than one year42€154k€148k▼
Trade debts44€256k€95k▼
Suppliers440/4€256k€95k▼
Advances received on contracts in progress46€5k€9k▲
Taxes, remuneration and social security45€181k€171k▼
Taxes450/3€23k€27k▲
Remuneration and social security454/9€158k€144k▼
Accrued charges and deferred income492/3€10k€11k▲
Income statement
Code20232024
Remuneration, social security and pensions62€1.30M€1.26M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€372k€370k▼
Other operating charges640/8€29k€27k▼
Gross operating margin9900€1.92M€1.86M▼
Operating profit (loss)9901€213k€201k▼
Financial income75/76B€29k€24k▼
Recurring financial income75€29k€24k▼
Financial charges65/66B€85k€81k▼
Recurring financial charges65€85k€81k▼
Profit (loss) for the period before taxes9903€157k€145k▼
Income taxes67/77€39k€41k▲
Profit (loss) for the period9904€118k€104k▼
Profit (loss) for the period to be appropriated9905€118k€104k▼
Appropriation of the result
Profit (loss) to be appropriated9906€118k€104k▼
Transfer to equity691/2€118k€104k▼
To other reserves6921€118k€104k▼
Social balance
Average headcount (FTE)908726.823.8▼
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
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 €311k
Net result €311k after one loss-making year.
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-101k ▼176%
Net result drops to €-101k, 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
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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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MAARTEN CONSTRUCT
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DESAVO
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NIVA CONSTRUCT
BE 0894.886.267
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STAALBOUW VERELST
BE 0426.609.265
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Of 3,986 companies in sector 25110 we hold annual accounts for 2,147. 1,057 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
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
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filings
Scores and ratios are computed by Checked and are not a credit decision.