A2EI
ActiveSummary
A2EI has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40,044 and a net result of €4,494. Equity has been growing by about 24% per year since 2023. Its solvency ranks better than 84% of 2,559 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 25-07-2012 Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyors NACE 71121
- Establishment unit
- 2.212.160.719 4420 Saint-Nicolas, since 25-07-2012
- Financial year end
- 30 June
- Peppol
- Reachable since 16-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
Annual accounts to 30-06-2025
- Turnover
- €134,013
- ▼ 13.3%
- Profit
- €4,494
- ▼ 65.0%
- Equity
- €40,044
- ▲ 12.6%
- Total assets
- €50,613
- ▲ 13.4%
Score breakdownraises riskSize: turnover €134,013, total assets €50,613lowers riskLiquidity: current ratio 4.34, cash €31,960Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Equity €40,044 (79.1% of total assets)Show the evidence
Checked score
Score 2025
95
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 62% of micro companies in architecture and engineering (NACE 71)
Financial strength · tick: 2024
Strong
Solvency
100=
equity 79.1% of total assets
Liquidity
93-1
short-term debt 20.9% · cash 63.1%
Profitability
69-18
return on assets 8.9%
Bankruptcy probability within 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: < 0.1%▼ -0.1 percentage points vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: 0.1%▲ +0.1 percentage points vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.3%▲ +0.2 percentage points vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026highest value
10-2026: < 0.1%▼ -0.3 percentage points vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.34 (3.88 in 2024), above the usual 1.5. Short-term debt is 20.9% and cash 63.1% of total assets. 20.9% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro). It does better than 87% of them on solvency, 86% on liquidity, 31% on profitability and 44% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
2 days early
2024
on the day
2023
1 day early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 1 day before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 30 January (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end04-11-2026 today31-01-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 29-01-2026 at the NBB all 3 filings
Turnover
€134,013▼ 13.3%
2024 · €154,626
EBIT margin
3.6%▼ 4.9pp
2024 · 8.5%
Net result
€4,494▼ 65.0%
2024 · €12,846
Working capital
€35,289▲ 35.0%
2024 · €26,149
Multi-year overview
2023 to 2025, 3 financial yearsTurnover
€134,013
▼ 13.3%
2025
20232025
Operating result
€4,844
▼ 63.0%
2025
20232025
Net result
€4,494
▼ 65.0%
2025
middle half of the sector
20232025
EBIT margin
3.6%
▼ 4.9pp
2025
20232025
Equity
€40,044
▲ 12.6%
2025
lowest quarter of the sector
20232025
Total assets
€50,613
▲ 13.4%
2025
lowest quarter of the sector
20232025
Debt
€10,568
▲ 16.3%
2025
20232025
Working capital
€35,289
▲ 35.0%
2025
middle half of the sector
20232025
Solvency
79.1%
▼ 0.5pp
2025
highest quarter of the sector
20232025
Current ratio
4.34
▲ 0.46
2025
highest quarter of the sector
20232025
Return on assets (ROA)
8.9%
▼ 19.9pp
2025
middle half of the sector
20232025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202320242025
Turnover€111,997-€154,626▲ 38.1%€134,013▼ 13.3%
Operating result€5,709-€13,101▲ 129%€4,844▼ 63.0%
Net result€5,694within the sector's middle half-€12,846within the sector's middle half▲ 126%€4,494within the sector's middle half▼ 65.0%
EBIT margin5.1%-8.5%▲ 3.4pp3.6%▼ 4.9pp
Equity€22,704below the sector's middle half-€35,550below the sector's middle half▲ 56.6%€40,044below the sector's middle half▲ 12.6%
Total assets€54,313below the sector's middle half-€44,637below the sector's middle half▼ 17.8%€50,613below the sector's middle half▲ 13.4%
Debt€31,609-€9,087▼ 71.3%€10,568▲ 16.3%
Working capital€15,652within the sector's middle half-€26,149within the sector's middle half▲ 67.1%€35,289within the sector's middle half▲ 35.0%
Solvency41.8%within the sector's middle half-79.6%above the sector's middle half▲ 37.8pp79.1%above the sector's middle half▼ 0.5pp
Current ratio1.50within the sector's middle half-3.88above the sector's middle half▲ 2.384.34above the sector's middle half▲ 0.46
Return on assets (ROA)10.5%within the sector's middle half-28.8%above the sector's middle half▲ 18.3pp8.9%within the sector's middle half▼ 19.9pp
above
within
below
The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 63% lower than in 2024 and the lowest since 2023.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €50,613
Fixed assets
€4,756 ▼ 49.4%
Current assets
€45,857 ▲ 30.1%
Equity and liabilities €50,613
Equity
€40,044 ▲ 12.6%
Debt
€10,568 ▲ 16.3%
Debt's share of the balance-sheet total rises from 20.4% to 20.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€9,489▼
2024 · €16,421
Cash flow
€9,139▼
2024 · €16,166
Debt to equity
0.26▲
2024 · 0.26
ROE
11.2%▼
2024 · 36.1%
Interest coverage
over 100▲
2024 · 64.47
Debt ≤ 1 year
€10,568▲
2024 · €9,087
Income taxes
€280
Customer credit
34 days▼
2024 · 35 days
Supplier credit
25 days▲
2024 · 14 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|
| Tangible fixed assets | €8,095 | €5,669 | - |
| Depreciation and write-downs of the year | €3,518 | €3,320 | €4,645 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Turnover70 | €111,997 | €154,626 | €134,013 | ▼ 13.3% |
| Goods, raw materials, services and sundry goods60/61 | €101,660 | €137,544 | €123,861 | ▼ 9.9% |
| Remuneration, social security and pensions62 | €486 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,518 | €3,320 | €4,645 | ▲ 39.9% |
| Other operating charges640/8 | €624 | €661 | €664 | ▲ 0.4% |
| Gross operating margin9900 | €10,336 | €17,082 | €10,152 | ▼ 40.6% |
| Operating profit (loss)9901 | €5,709 | €13,101 | €4,844 | ▼ 63.0% |
| Financial income75/76B | €91 | - | - | - |
| Recurring financial income75 | €91 | - | - | - |
| Financial charges65/66B | €106 | €255 | €69 | ▼ 72.8% |
| Recurring financial charges65 | €106 | €255 | €69 | ▼ 72.8% |
| Profit (loss) for the period before taxes9903 | €5,694 | €12,846 | €4,774 | ▼ 62.8% |
| Income taxes67/77 | - | - | €280 | - |
| Profit (loss) for the period9904 | €5,694 | €12,846 | €4,494 | ▼ 65.0% |
| Profit (loss) for the period to be appropriated9905 | €5,694 | €12,846 | €4,494 | ▼ 65.0% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €54,313 | €44,637 | €50,613 | ▲ 13.4% |
| Fixed assets21/28 | €7,052 | €9,401 | €4,756 | ▼ 49.4% |
| Tangible fixed assets22/27 | €7,052 | €9,401 | €4,756 | ▼ 49.4% |
| Plant, machinery and equipment23 | €806 | €1,096 | €549 | ▼ 49.9% |
| Furniture and vehicles24 | €6,246 | €8,304 | €4,206 | ▼ 49.3% |
| Current assets29/58 | €47,261 | €35,236 | €45,857 | ▲ 30.1% |
| Amounts receivable within one year40/41 | €18,882 | €14,683 | €12,557 | ▼ 14.5% |
| Trade receivables40 | €18,882 | €14,683 | €12,557 | ▼ 14.5% |
| Cash at bank and in hand54/58 | €28,379 | €20,553 | €31,960 | ▲ 55.5% |
| Deferred charges and accrued income490/1 | - | - | €1,340 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €54,313 | €44,637 | €50,613 | ▲ 13.4% |
| Equity10/15 | €22,704 | €35,550 | €40,044 | ▲ 12.6% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | = |
| Capital10 | €12,400 | €12,400 | €12,400 | = |
| Issued capital100 | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €8,444 | €21,290 | €25,784 | ▲ 21.1% |
| Amounts payable17/49 | €31,609 | €9,087 | €10,568 | ▲ 16.3% |
| Amounts payable within one year42/48 | €31,609 | €9,087 | €10,568 | ▲ 16.3% |
| Trade debts44 | €25,651 | €5,163 | €8,382 | ▲ 62.4% |
| Suppliers440/4 | €25,651 | €5,163 | €8,382 | ▲ 62.4% |
| Taxes, remuneration and social security45 | €3,870 | €2,544 | €1,809 | ▼ 28.9% |
| Taxes450/3 | €3,870 | €2,544 | €1,809 | ▼ 28.9% |
| Other amounts payable47/48 | €2,088 | €1,380 | €377 | ▼ 72.7% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,694 | €12,846 | €4,494 | ▼ 65.0% |
| + Depreciation and write-downs630 | €3,518 | €3,320 | €4,645 | ▲ 39.9% |
| Operating cash flow (approximation) | €9,212 | €16,166 | €9,139 | ▼ 43.5% |
| Investment in fixed assets (approximation) | - | -€5,669 | €0 | - |
| Change in cash | - | -€7,826 | €11,407 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 34,693 companies had the same profile as A2EI has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.3%
was still going
3.9%
stopped otherwise
0.7%
went bankrupt
That fits the bankruptcy probability of A2EI itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for A2EI. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Directors
1 director, last change in 2026
LABYLLE Roberto Mathurin
Current
Director · appointed in the act of 15-06-2026 · earlier manager, until 15-06-2026 · term without a fixed end
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Article 14. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
deed of 15-06-2026Owners and capital
Shareholders
Stated in the act
act of 15-06-2026 ↗
- LABYLLE Roberto Mathurin 100 shares
Capital transactions
Capital over time
- 15-06-2026 Converted to unavailable equity
Mandate history
1 person, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| LABYLLE Roberto Mathurin |
|
Network & group
A2EI shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of A2EI. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
15-06
Gazette deed
Change of role: LABYLLE Roberto Mathurin, from manager to directorShareholding · Capital conversion · Amendment of the articles13 points ▸
Gazette deed
Change of role: LABYLLE Roberto Mathurin, from manager to director
Shareholding · Capital conversion · Amendment of the articles13 points ▸
- General meeting, 21-05-2026
- Other provision, “registre personnes morales et TVA, RPM Liège” (deed in French)
- LABYLLE Roberto Mathurin holds 100 shares
- Other provision, “suppression compte capitaux propres statutairement indisponible, fonds disponibles pour distribution, pas mention statuts” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Amendment of the articles
- Capital
- Other provision, “établir coordination et dépôt au dossier, coordination statuts” (deed in French)
- Registered office clause, “4420 SAINT-NICOLAS, Rue Voie des Vaux 9” (deed in French)
- Director resignation, LABYLLE Roberto Mathurin (manager)
- Director discharge, LABYLLE Roberto Mathurin (manager)
- Director appointment, LABYLLE Roberto Mathurin (director)
- The act holds 1 more point.
29-01
abbreviated format · 2 days before the deadline
2025
30-06
Financial
Weakest financial yearnet €4,494 ▼65%
The net result drops to €4,494, the lowest from 2023 to 2025.
31-01
abbreviated format · on the deadline day
2024
30-06
Financial
Highest result from 2023 to 2025net €12,846 ▲126%
The operating result of €13,101 and the net result of €12,846 are both a record.
30-06
Financial
Liquidity more than doubledcurrent ratio 3.88
The current ratio rises from 1.50 to 3.88. Short-term debt falls from €31,609 to €9,087.
30-01
abbreviated format · 1 day before the deadline
2012
03-08
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
A2EI in French
Enterprise number
0847.628.065
Legal form
Private limited company
Status
Active, normale toestand
Founded
25-07-2012
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 15-06-2026 (in French)Name clauseThe company operates under this name according to its articles.
A2EI
deed of 15-06-2026 (in French)Registered office and establishments
Registered office
Rue Voie des Vaux 9, 4420 Saint-Nicolas, Belgium
Establishment unit
A2EI, Rue Voie des Vaux 9, 4420 Saint-Nicolas since 25-07-2012 · unit number 2.212.160.719
Activities
NACEBEL 202571121
Engineering and related technical consultancy, excluding land surveyors main activity
Codes under NACEBEL 2008
71121
Engineering activities main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 15-06-2026 (in French)
“L’industrialisation, la commercialisation et l’installation de systèmes de chauffage et de sanitaire de tout type; L’industrialisation, la…”
13 activities
- L’industrialisation, la commercialisation et l’installation de systèmes de chauffage et de sanitaire de tout type.
- L’industrialisation, la commercialisation et l’installation de systèmes de ventilation, de climatisation et conditionnement d’air de tout type.
- L’industrialisation, la commercialisation et l’installation de tout type de système de réfrigération industrielle et commerciale.
- L’industrialisation, la commercialisation et l’installation de tuyauterie industrielle.
- L’industrialisation, la commercialisation et l’installation de tout type d’installation électrique.
- L’importation, l’exportation, l’achat et la vente tant en gros, demi gros et détail, la conception, la commercialisation, la représentation ainsi que la distribution de tout type de matériels et d’accessoires de climatisation, de ventilation, de conditionnement d’air et de chauffage et de sanitaire, de réfrigération et d’électricité.
- L’exploitation, la gestion, la maintenance, la mise à disposition, le bureau d’étude, la consultance, l’ingénierie dans les domaines de la climatisation, de la ventilation, du conditionnement d’air, du chauffage et de sanitaire, de la réfrigération commerciale et industrielle et de l’électricité.
- Accomplir, exclusivement pour son compte propre, les opérations financières, mobilières et immobilières, se rapportant directement ou indirectement à son objet ou de nature à en faciliter directement ou indirectement, entièrement ou partiellement la réalisation.
- Pleine capacité juridique pour tous actes et opérations ayant rapport direct ou indirect avec objet social ou facilitant sa réalisation.
- S’intéresser par association, apport, fusion, intervention financière ou autrement dans sociétés, associations ou entreprises à objet identique, analogue ou connexe ou favorisant développement ou débouchés.
- Si prestation soumise à conditions préalables d’accès à la profession, subordination à réalisation conditions.
- Peut se porter caution et donner sûreté personnelle ou réelle en faveur de toute personne ou société liée ou non.
- Peut exercer fonctions d’administrateur ou liquidateur dans d’autres sociétés.
Invoicing and payment
VAT number
BE 0847.628.065
Financial year and general meeting
Accounts at the NBBFinancial year end
30-06
Sites & property
Location
Buildings and parcels at the address
Ground area
382 m²
Building footprint
61 m²
Building volume
554 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 62073A0228/00S000 | Wallonia | 382 m² | 1 · 61 m² | 10.5 m · 3 |