Equity
-€850
Debts exceed assets in financial year 2025.
A3
Lifetime
19 annual accounts with figures on one time axis, 32 filings since 1994peak €55,867 (2014)
-€13,385▼ €66,680
lowest -€31,067 (2015)
-€22,887▼ €67,613
peak €77,473 (2009)
-€850▼ €22,887
€38,484▼ 6.9%
peak 2 FTE (2015)
-not published
Board4 names since 2017
4 directorsABELOOS Francis and 3 others
Documentsfilings and deeds
20-03-202641 days before the deadline
2025micro format
Gross margin from €53,295 to -€13,385Loss of €22,887Equity from €22,036 to -€850Cash from €37,210 to €9,588
Key points
from the 2025 annual accountsResult
-€22,887 -€22,887
From profit to loss in 2025, after a profit of €44,727 in 2024.
Debts
€38,484 102% of the balance sheet
Suppliers 39%Taxes and wages 1%Other 60%
Liquidity
0.70 was 1.22 in 2024
Short-term debts rose from €38,039 to €38,484.
Filings
32 annual accounts since 1994
The last five annual accounts were filed 1 to 45 days before the end of the period.
Position in the sector
-€22,887
Lower net result than 93% of companies in specialised construction. Sector median €10,190 · 35,144 companies.
Turnover not published (micro format)
Checked score
53
Fair
Financially stronger than 9% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.6%▲ +0.1 percentage points vs 03-2025
05-2025: 0.8%▲ +0.2 percentage points vs 04-2025
06-2025: 0.1%▼ -0.7 percentage points 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 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.2%▲ +0.1 percentage points vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 1.5%▲ +1.3 percentage points vs 03-2026highest value
05-2026: 1.5%● unchanged vs 04-2026highest value
06-2026: 1.5%● unchanged vs 05-2026highest value
07-2026: 1.5%● unchanged vs 06-2026highest value
08-2026: 1.5%● unchanged vs 07-2026highest value
09-2026: 1.5%● unchanged vs 08-2026highest value
10-2026: 1.5%● unchanged vs 09-2026
11-2026: 1.5%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Loss of €22,887 (financial year 2025)
Negative equity -€850
Sector: Specialised construction activities (NACE 43)
lowers risk
Size: total assets €37,634
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 43, micro). It does better than 8% of them on solvency, 20% on liquidity, 4% on profitability and 3% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 6,619 companies had the same profile as A3 has now. Each dot stands for 17 companies, two years later.
84.5%
were still trading
10.0%
stopped another way
4.5%
went bankrupt
Another 1.0% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of A3 itself: 1.5% within 12 months.
Test of the method
The method was tested on the 497,448 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 6,619 companies, not a prediction for A3. 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.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.7 (1.22 in 2024), below 1. Short-term debt is 102.3% and cash 25.5% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€850
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-03-2026, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
41 days early
2024
1 day early
2023
39 days early
2022
39 days early
2021
45 days early
2020
46 days early
2019
90 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 43 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 22 March (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end11-11-2026 today30-04-2027 deadline
Board and ownership
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0450896877
3 directors reappointed
ABELOOS Luc, ABELOOS Francis and ABELOOS Karel · General meeting of 09-08-2023 · Gazette deed
Resignation: Abeloos Arthuur (director)
General meeting of 11-03-2033 · Gazette deed
Appointment: Abeloos Karel (director)
General meeting of 19-04-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| A3 Ghent | - | - | -2.3% | - |
| CENTRALE VERWARMING DANIEL MAES Hamme (Vl.) | - | - | 55.8% | - |
| STACS Charleroi | €21,435 | -82.3% | -48.9% | - |
| D'ORTONA Mario Fosses-la-Ville | - | - | 80.4% | - |
| DS-tec Mechelen | €20,751 | -41.5% | 18.4% | - |
| CLAUS PETER Hamme (Vl.) | - | - | 37.2% | - |
| RENOVAN Leuven | - | - | 57.1% | - |
These companies have the same main activity as A3: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €30,200 and €56,900, founded between 1991 and 1998.
Official details
Source: KBO- Status
- Active since 06-09-1993Normal situation
- Activity
- Installation of electric heating, air conditioning, cooling and ventilationNACE 43222and 3 others
- Establishment unit
- 2.064.438.8259040 Ghent, since 22-11-1993
- Financial year end
- 30 September
- Peppol
- Reachable since 09-10-2025
Annual accounts to 30-09-2025
- €37,634▼ 40.6%
- Filing
- Filed on 20-03-2026, 41 days before the end of the filing period
Insights on A3
A3 files the micro format. That format states no turnover. The gross margin fell from €6,118 in 2007 to -€13,385 in 2025.
In August 2023, the Official Gazette published the appointment of ABELOOS Francis as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about A3
- What is the company number of A3?
- The company number of A3 is 0450.896.877. The VAT number is the same number with BE in front: BE 0450.896.877.
- Where is A3 based?
- The registered office is at Gentbruggestraat 182, 9040 Ghent.Company details
- What does A3 do?
- According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
- What is the legal form of A3?
- A3 is a public limited company (NV).
- When was A3 founded?
- A3 was founded on 06-09-1993.
- Is A3 still active?
- Yes, A3 is an active enterprise in the KBO register.
- What is the turnover of A3?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is A3 profitable?
- In financial year 2025, A3 made a loss of €22,887.
- Where can I find the annual accounts of A3?
- A3 filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of A3 due?
- A3 must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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