A2 TECHNOLOGY GROUP
ActiveThe file of A2 TECHNOLOGY GROUP contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 0.2% (very low). The 2024 annual accounts show equity of €313,141 and a net result of €66,276. Equity is shrinking by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 35% of 37964 sector peers (fiscal year 2024).
Checked score
Score 2024
Axes · tick = 2023
Profitability77▲+54
Solvency65▲+7
Growth58▲+26
Track record85
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24,000 at 30 days only on tighter terms
Liquidity ample (current ratio 3.31 against 2.42 in 2023; short-term debt: 8.6% and cash: 1% of total assets), but 59.9% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-10-2025, 88 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
not confirmed
2024
88 d late
2023
65 d late
2022
53 d late
2021
8 d late
2020
143 d late
2019
109 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 78 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€313,141▲ 26.8%
2023 · €246,865
Total assets
€780,812▲ 5.3%
2023 · €741,466
Net result
€66,276
2023 · -€17,166
Working capital
€154,061▲ 62.6%
2023 · €94,724
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. 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 fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€81,596▲ 16.8%€91,181▲ 11.7%-€303,603-€4,266▲ 98.6%€85,183
Net result€69,675above the sector's middle half▲ 7.4%€72,356above the sector's middle half▲ 3.8%-€280,610below the sector's middle half-€17,166below the sector's middle half▲ 93.9%€66,276above the sector's middle half
Equity€472,284above the sector's middle half▲ 17.3%€544,641above the sector's middle half▲ 15.3%€264,031above the sector's middle half▼ 51.5%€246,865above the sector's middle half▼ 6.5%€313,141above the sector's middle half▲ 26.8%
Total assets€547,806above the sector's middle half▲ 14.2%€633,201above the sector's middle half▲ 15.6%€807,520above the sector's middle half▲ 27.5%€741,466above the sector's middle half▼ 8.2%€780,812above the sector's middle half▲ 5.3%
Debt€75,521▼ 2.0%€88,560▲ 17.3%€543,489▲ 514%€494,602▼ 9.0%€467,671▼ 5.4%
Working capital€471,855above the sector's middle half▲ 17.9%€544,293above the sector's middle half▲ 15.4%€119,342within the sector's middle half▼ 78.1%€94,724within the sector's middle half▼ 20.6%€154,061above the sector's middle half▲ 62.6%
Solvency86.2%above the sector's middle half▲ 2.3pp86.0%above the sector's middle half▼ 0.2pp32.7%within the sector's middle half▼ 53.3pp33.3%within the sector's middle half▲ 0.6pp40.1%within the sector's middle half▲ 6.8pp
Current ratio8.08above the sector's middle half▲ 0.427.15above the sector's middle half▼ 0.932.34within the sector's middle half▼ 4.812.42within the sector's middle half▲ 0.083.31within the sector's middle half▲ 0.88
Return on assets (ROA)12.7%within the sector's middle half▼ 0.8pp11.4%within the sector's middle half▼ 1.3pp-34.7%below the sector's middle half▼ 46.2pp-2.3%below the sector's middle half▲ 32.4pp8.5%within the sector's middle half▲ 10.8pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €85,183 after a loss of €4,266 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €780,812
Fixed assets
€559,946 ▼ 3.5%
Current assets
€220,866 ▲ 37.0%
Equity and liabilities €780,812
Equity
€313,141 ▲ 26.8%
Debt
€467,671 ▼ 5.4%
Debt's share of the balance-sheet total falls from 66.7% to 59.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€105,438▲
2023 · €15,926
Cash flow
€86,531▲
2023 · €3,026
Debt to equity
1.49▼
2023 · 2.00
ROE
21.2%▲
2023 · -7.0%
Interest coverage
5.68▲
2023 · 0.89
Debt ≤ 1 year
€66,805▲
2023 · €66,542
Debt > 1 year
€400,866▼
2023 · €428,060
Income taxes
€6,944
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.3%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,340 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% | 1.8% |
| 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% 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 17,811 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,040 | €298 | €1,229 | €20,192 | €20,255 | ▲ 0.3% |
| Other operating charges640/8 | - | €56 | €83,731 | €2,473 | - | - |
| Gross operating margin9900 | €92,670 | €91,534 | -€218,643 | €18,399 | €105,438 | ▲ 473% |
| Operating profit (loss)9901 | €81,596 | €91,181 | -€303,603 | -€4,266 | €85,183 | ▲ 2,097% |
| Financial income75/76B | - | €26,109 | €26,310 | €4,950 | €6,600 | ▲ 33.3% |
| Recurring financial income75 | €20,681 | €26,109 | €26,310 | €4,950 | €6,600 | ▲ 33.3% |
| Financial charges65/66B | - | €4,794 | €3,267 | €17,850 | €18,563 | ▲ 4.0% |
| Recurring financial charges65 | €2,356 | €4,794 | €3,267 | €17,850 | €18,563 | ▲ 4.0% |
| Profit (loss) for the period before taxes9903 | €99,921 | €112,496 | -€280,560 | -€17,166 | €73,220 | ▲ 527% |
| Income taxes67/77 | €30,246 | €40,139 | €50 | - | €6,944 | - |
| Profit (loss) for the period9904 | €69,675 | €72,356 | -€280,610 | -€17,166 | €66,276 | ▲ 486% |
| Profit (loss) for the period to be appropriated9905 | €69,675 | €72,356 | -€280,610 | -€17,166 | €66,276 | ▲ 486% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €547,806 | €633,201 | €807,520 | €741,466 | €780,812 | ▲ 5.3% |
| Fixed assets21/28 | €9,277 | €348 | €599,118 | €580,201 | €559,946 | ▼ 3.5% |
| Tangible fixed assets22/27 | €9,227 | €298 | €599,068 | €580,151 | €559,896 | ▼ 3.5% |
| Land and buildings22 | - | - | €599,068 | €579,068 | €559,068 | ▼ 3.5% |
| Furniture and vehicles24 | - | €298 | - | €1,082 | €827 | ▼ 23.5% |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €538,529 | €632,853 | €208,401 | €161,266 | €220,866 | ▲ 37.0% |
| Amounts receivable after more than one year29 | - | €593,700 | €88,615 | €112,620 | €181,005 | ▲ 60.7% |
| Other amounts receivable291 | - | €593,700 | €88,615 | €112,620 | €181,005 | ▲ 60.7% |
| Amounts receivable within one year40/41 | €15,925 | €30,159 | €51,585 | €32,755 | €32,184 | ▼ 1.7% |
| Trade receivables40 | - | €30,159 | €51,585 | €31,366 | €28,425 | ▼ 9.4% |
| Other amounts receivable41 | - | - | - | €1,389 | €3,759 | ▲ 171% |
| Cash at bank and in hand54/58 | €21,604 | €8,994 | €68,202 | €15,891 | €7,677 | ▼ 51.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €547,806 | €633,201 | €807,520 | €741,466 | €780,812 | ▲ 5.3% |
| Equity10/15 | €472,284 | €544,641 | €264,031 | €246,865 | €313,141 | ▲ 26.8% |
| Contributions10/11 | - | €6,500 | €6,500 | €6,500 | €6,500 | = |
| Outside capital11 | - | €6,500 | €6,500 | €6,500 | - | - |
| Other1109/19 | - | €6,500 | €6,500 | €6,500 | - | - |
| Reserves13 | €71,535 | €143,891 | €143,891 | €143,891 | €210,167 | ▲ 46.1% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €1,860 | - |
| Distributable reserves133 | - | €142,031 | €142,031 | €142,031 | €208,307 | ▲ 46.7% |
| Profit (loss) carried forward14 | €394,250 | €394,250 | €113,640 | €96,474 | €96,474 | = |
| Amounts payable17/49 | €75,521 | €88,560 | €543,489 | €494,602 | €467,671 | ▼ 5.4% |
| Amounts payable after more than one year17 | €8,848 | - | €454,430 | €428,060 | €400,866 | ▼ 6.4% |
| Financial debts170/4 | - | - | €454,430 | €428,060 | €400,866 | ▼ 6.4% |
| Amounts payable within one year42/48 | €66,673 | €88,560 | €89,059 | €66,542 | €66,805 | ▲ 0.4% |
| Current portion of amounts payable after more than one year42 | - | €8,848 | €26,254 | €26,370 | €27,194 | ▲ 3.1% |
| Trade debts44 | €25,020 | €40,642 | €33,756 | €23,018 | €26,533 | ▲ 15.3% |
| Suppliers440/4 | - | €40,642 | €33,756 | €23,018 | €26,533 | ▲ 15.3% |
| Taxes, remuneration and social security45 | - | €39,070 | €29,050 | €17,154 | €13,078 | ▼ 23.8% |
| Taxes450/3 | - | €39,070 | €29,050 | €17,154 | €13,078 | ▼ 23.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €69,675 | €72,356 | -€280,610 | -€17,166 | €66,276 | ▲ 486% |
| + Depreciation and write-downs630 | €10,040 | €298 | €1,229 | €20,192 | €20,255 | ▲ 0.3% |
| Operating cash flow (approximation) | €79,714 | €72,654 | -€279,381 | €3,026 | €86,531 | ▲ 2,760% |
| Investment in fixed assets (approximation) | - | €8,632 | -€600,000 | -€1,274 | €0 | ▲ 100% |
| Change in cash | - | -€12,610 | €59,208 | -€52,311 | -€8,214 | ▲ 84.3% |
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
2025
27-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 88 days late
2024
31-12
Financial
Back to profitnet €66,276
Net result €66,276 after 2 loss-making years.
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
2023
22-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 53 days late
2022
31-12
Financial
Weakest financial yearnet -€280,610
Net result drops to -€280,610, the lowest in the series; recovery starts the following year.
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
31-12
Financial
Highest result since 2018net €72,356 ▲3.8%
Operating result €91,181, net result €72,356, both a record.
31-12
Financial
Equity above €500,000Eq €544,641 ▲15.3%
4 profitable years in a row build equity to €544,641.
21-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 143 days late
2020
17-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 109 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
Show earlier events
2017
05-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 36 days late
23-02
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 207 days late
2015
09-09
Bankruptcy
Bankruptcy reversal
Tribunal de commerce de Nivelles · event 15-06-2015
06-05
Bankruptcy
Opening
Tribunal de commerce de Nivelles · event 04-05-2015
SignalFinancial 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.
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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, Rixensart · 1 establishment unit since 2009
Ground area
1,848 m²
Building footprint
411 m²
Volume, LiDAR
2,066 m³
2 parcels, Flanders, Wallonia · tallest building 16.5 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
A2 Technology Group - a2tg
since 20092.184.887.287
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25091F0382/00M000 | Wallonia | 1,504 m² | 1 · 332 m² | 16.5 m · 1 fl. |
| 22002B0038/00S000 | Flanders | 344 m² | 1 · 78 m² | 8.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | BRAUN ANTOINE VIEUX CHEMIN DU POETE 11, 1301 BIERGES |
04-05-2015 → 15-06-2015 |
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Of 82,641 companies in sector 70200 we hold annual accounts for 52,636. 37,919 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 (pre-2019)
Founded17-12-2009
Fiscal year end31-12
Abbreviation FR
a2tg
Activities, NACEBEL 2025
70200Business and other management consultancy
47400Retail sale of information and communication equipment
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID
0208:0821544270
Registered
04-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.