Equity
AB Tech paid out €400,000 in dividends. That is 65% of the 2025 profit.
AB Tech paid out €400,000 in dividends. That is 65% of the 2025 profit.
The result fell in 2025 from €2.5m to €617,869.
In 2025, 8 people joined and 11 left. On top of that, 1.6 agency workers worked there on average.
AB Tech pays its suppliers 20 days later than in 2024. Customers pay 11 days earlier.
Two of the last ten came late. The 2017 accounts came latest: 49 days after the end of the period.
The dashed line is the sector median: 0.2% across 105 companies (NACE 42, medium-sized).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 42, medium-sized). It does better than 56% of them on solvency, 35% on liquidity, 41% on profitability and 42% on growth.
The bankruptcy probability was computed on 06-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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).
In July 2024, 1,887 companies had the same profile as AB Tech has now. Each dot stands for 5 companies, two years later.
That fits the bankruptcy probability of AB Tech itself: 0.3% within 12 months.
The method was tested on the 497,447 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 1,887 companies, not a prediction for AB Tech. 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.
Liquidity is ample, with a current ratio of 1.52 (1.47 in 2024), above the usual 1.5. Short-term debt is 45.1% and cash 0.2% of total assets. However, 61.9% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 40 days before the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| AB Tech Liège | €24.7m | 3.5% | 38.1% | 84.4 |
| VANGEEL WEGENBOUW Turnhout | €25.0m | 24.3% | 60.0% | 72.3 |
| Hardo Lokeren | €27.0m | 13.1% | 69.7% | 77 |
| SOCIETE de TRAVAUX de LIEGE Herstal | €16.7m | 16.4% | 24.3% | 78 |
| GEMOCO Bilzen-Hoeselt | €24.0m | 2.2% | 25.4% | 60.2 |
| Vermetten Wegenbouw Merksplas | €22.2m | 22.2% | 87.9% | 57.1 |
| ROBERTY Manhay | €22.2m | 5.5% | 43.9% | 66.7 |
Grey: the largest companies of the sector (civil engineering (NACE 42)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as AB Tech: construction of roads and motorways (NACE 42110). They are comparable in size and age: total assets between €11m and €21m, founded between 1984 and 1997.
AB Tech has existed since 1992. Turnover grew from €20.0m in 2007 to €24.7m in 2025.
JOLY SA holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 46% of 377 companies in 2025.
Higher than 44% of 372 companies in 2025.
Higher than 50% of 376 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: top quarter
82.6 men and 1.8 women in full-time equivalents in 2025.
Staff costs divided by the average number of full-time equivalents.
In 2025, 8 people joined and 11 left. Training hours in 2025: 2,705. Agency workers: 1.6 on average.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
14.7m | 14.8m | 16.7m | 15.1m | 15.9m | 15.5m | 17.2m | 19.3m | 18.0m | 11.1m | 14.6m | 16.7m | 17.8m | 18.7m | 16.5m | 16.3m | 13.1m | 13.9m | 15.5m | |
21/28 |
4.6m | 4.7m | 4.3m | 4.1m | 3.7m | 2.8m | 2.9m | 3.8m | 3.8m | 3.1m | 2.3m | 2.5m | 3.0m | 2.7m | - | - | 2.3m | 3.7m | 4.7m | |
21 |
- | - | - | - | - | 4,810 | 10,803 | - | - | 856 | 8,649 | 12,774 | 22,307 | 1,282 | 606 | 1,453 | 1,457 | 2,483 | - | |
22/27 |
2.2m | 2.2m | 1.8m | 1.7m | 1.2m | 859,825 | 1.0m | 1.1m | 1.2m | 481,885 | 659,827 | 925,291 | 1.3m | 1.1m | 1.4m | 1.3m | 870,121 | 889,576 | 1.0m | |
23 |
136,746 | 107,219 | 160,602 | 210,983 | 95,970 | 110,112 | 100,728 | 83,904 | 62,929 | 89,259 | 119,654 | 129,697 | 137,115 | 96,170 | 113,055 | 72,569 | 90,945 | 697,818 | 788,053 | |
24 |
237,644 | 330,292 | 381,488 | 196,255 | 211,508 | 70,290 | 52,713 | 46,807 | 42,229 | 75,533 | 237,064 | 379,759 | 551,985 | 378,897 | 398,205 | 616,460 | 774,725 | 169,347 | 160,686 | |
25 |
1.8m | 1.8m | 1.3m | 1.3m | 925,240 | - | - | - | - | - | - | - | - | - | 914,523 | 609,871 | - | - | - | |
26 |
- | - | - | - | - | - | - | 1,606 | 4,258 | 6,910 | 9,562 | 12,214 | - | - | - | - | - | - | - | |
28 |
2.5m | 2.5m | 2.5m | 2.5m | 2.5m | 1.9m | 1.9m | 2.8m | 2.7m | 2.6m | 1.6m | 1.6m | 1.6m | 1.6m | 1.5m | 1.5m | 1.4m | 2.8m | 3.7m | |
280/1 |
1.6m | 1.6m | 1.6m | 1.6m | 1.6m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.1m | 1.1m | 1.1m | 1.1m | 2.5m | 3.4m | |
280 |
550,377 | 550,377 | 550,377 | 550,377 | 550,377 | 377 | 377 | 377 | 377 | 377 | 377 | 377 | 411 | 12,805 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | |
281 |
1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 2.5m | 3.4m | |
282/3 |
- | - | - | - | - | - | - | 1.0m | 1.0m | 1.0m | - | - | - | - | - | - | - | - | - | |
283 |
- | - | - | - | - | - | - | 1.0m | 1.0m | 1.0m | - | - | - | - | - | - | - | - | - | |
284/8 |
862,009 | 862,635 | 862,560 | 862,195 | 864,245 | 858,847 | 858,842 | 733,474 | 632,448 | 549,100 | 546,095 | 546,012 | 566,912 | 530,810 | 413,710 | 403,610 | 351,164 | 303,239 | 266,639 | |
284 |
78,075 | 78,075 | 78,075 | 78,075 | 78,075 | 75,427 | 75,427 | 65,427 | 57,927 | 46,849 | 46,849 | 46,849 | 46,849 | 46,849 | 46,849 | 46,849 | 35,024 | 18,599 | 18,599 | |
285/8 |
783,934 | 784,560 | 784,485 | 784,120 | 786,170 | 783,420 | 783,415 | 668,048 | 574,521 | 502,251 | 499,246 | 499,163 | 520,063 | 483,962 | 366,861 | 356,761 | 316,140 | 284,640 | 248,040 | |
29/58 |
10.1m | 10.1m | 12.4m | 11.0m | 12.2m | 12.7m | 14.2m | 15.4m | 14.2m | 8.1m | 12.4m | 14.1m | 14.8m | 16.0m | 13.6m | 13.5m | 10.8m | 10.2m | 10.8m | |
29 |
- | 96,242 | 96,242 | 96,242 | 96,242 | 40,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
290 |
- | 96,242 | 96,242 | 96,242 | 96,242 | 40,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
3 |
61,437 | 68,251 | 103,579 | 86,484 | 47,457 | 30,227 | 34,727 | 49,557 | 46,342 | 23,882 | 43,328 | 86,191 | 43,213 | 65,413 | 92,591 | 126,233 | 109,325 | 240,547 | 225,398 | |
30/36 |
61,437 | 68,251 | 103,579 | 86,484 | 47,457 | 30,227 | 34,727 | 49,557 | 46,342 | 23,882 | 43,328 | 86,191 | 43,213 | 65,413 | 92,591 | 126,233 | 109,325 | 240,547 | 225,398 | |
30/31 |
61,437 | 68,251 | 103,579 | 86,484 | 47,457 | 30,227 | 34,727 | 49,557 | 46,342 | 23,882 | 43,328 | 86,191 | 43,213 | 65,413 | 92,591 | 54,056 | 53,989 | 50,679 | 64,250 | |
33 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 72,177 | 55,336 | 189,868 | 161,148 | |
40/41 |
10.0m | 9.9m | 10.4m | 10.4m | 10.9m | 12.2m | 10.9m | 12.7m | 12.1m | 6.4m | 9.6m | 12.8m | 13.9m | 15.7m | 13.2m | 12.9m | 9.9m | 9.7m | 10.4m | |
40 |
8.7m | 9.1m | 8.8m | 8.7m | 10.3m | 11.3m | 9.6m | 12.2m | 10.4m | 5.9m | 8.9m | 12.2m | 13.2m | 15.2m | 12.7m | 12.5m | 9.8m | 9.5m | 10.1m | |
41 |
1.3m | 848,460 | 1.6m | 1.7m | 666,368 | 917,948 | 1.3m | 563,336 | 1.8m | 582,667 | 699,380 | 670,158 | 751,801 | 430,447 | 452,482 | 417,902 | 102,982 | 225,118 | 256,910 | |
54/58 |
27,439 | 16,122 | 1.8m | 337,292 | 1.1m | 414,846 | 3.2m | 2.5m | 2.0m | 1.5m | 2.7m | 1.2m | 780,111 | 274,535 | 297,988 | 441,016 | 798,281 | 246,700 | 175,553 | |
490/1 |
- | 1,728 | 15,382 | 1,371 | 2,656 | 34,869 | 50,124 | 85,625 | 67,337 | 62,054 | 32,918 | 40,613 | 26,383 | 25,707 | 20,905 | 57,903 | 21,624 | 20,910 | 24,793 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
14.7m | 14.8m | 16.7m | 15.1m | 15.9m | 15.5m | 17.2m | 19.3m | 18.0m | 11.1m | 14.6m | 16.7m | 17.8m | 18.7m | 16.5m | 16.3m | 13.1m | 13.9m | 15.5m | |
10/15 |
5.6m | 5.4m | 4.4m | 3.5m | 3.3m | 3.4m | 3.1m | 2.6m | 3.2m | 3.1m | 3.3m | 3.2m | 3.1m | 3.0m | 2.9m | 2.7m | 2.7m | 2.7m | 2.6m | |
10/11 |
322,262 | 322,262 | 322,262 | 322,262 | 322,262 | 322,262 | 322,262 | 322,262 | 322,262 | 322,262 | 322,262 | 322,262 | 322,262 | 322,262 | - | - | 322,262 | 322,262 | 322,262 | |
10 |
322,262 | 322,262 | 322,262 | 322,262 | 322,262 | - | - | - | - | - | - | - | - | - | 322,262 | 322,262 | - | - | - | |
100 |
322,262 | 322,262 | 322,262 | 322,262 | 322,262 | 322,262 | 322,262 | 322,262 | 322,262 | 322,262 | 322,262 | 322,262 | 322,262 | 322,262 | 322,262 | 322,262 | 322,262 | 322,262 | 322,262 | |
13 |
825,485 | 825,485 | 825,485 | 825,485 | 825,485 | 825,485 | 825,485 | 825,485 | 825,485 | 825,485 | 825,485 | 825,485 | 825,485 | 825,485 | 825,485 | 825,485 | 825,485 | 825,485 | 825,485 | |
130/1 |
32,226 | 32,226 | 32,226 | 32,226 | 32,226 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
32,226 | 32,226 | 32,226 | 32,226 | 32,226 | 32,226 | 32,226 | 32,226 | 32,226 | 32,226 | 32,226 | 32,226 | 32,226 | 32,226 | 32,226 | 32,226 | 32,226 | 32,226 | 32,226 | |
133 |
793,259 | 793,259 | 793,259 | 793,259 | 793,259 | 793,259 | 793,259 | 793,259 | 793,259 | 793,259 | 793,259 | 793,259 | 793,259 | 793,259 | 793,259 | 793,259 | 793,259 | 793,259 | 793,259 | |
14 |
4.5m | 4.2m | 3.2m | 2.4m | 2.2m | 2.2m | 2.0m | 1.5m | 2.1m | 1.9m | 2.1m | 2.0m | 1.9m | 1.9m | 1.8m | 1.6m | 1.5m | 1.5m | 1.5m | |
15 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 359 | 8,983 | |
16 |
635,000 | 635,000 | 635,000 | - | 55,606 | 55,606 | 100,000 | 100,000 | 100,000 | 100,000 | - | - | - | - | - | - | - | 185 | 4,626 | |
160/5 |
635,000 | 635,000 | 635,000 | - | 55,606 | 55,606 | 100,000 | 100,000 | 100,000 | 100,000 | - | - | - | - | - | - | - | - | - | |
164/5 |
635,000 | 635,000 | 635,000 | - | 55,606 | 55,606 | 100,000 | 100,000 | 100,000 | 100,000 | - | - | - | - | - | - | - | - | - | |
168 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 185 | 4,626 | |
17/49 |
8.5m | 8.7m | 11.7m | 11.6m | 12.5m | 12.1m | 13.9m | 16.5m | 14.7m | 8.0m | 11.3m | 13.5m | 14.7m | 15.7m | 13.6m | 13.6m | 10.4m | 11.3m | 12.9m | |
17 |
1.8m | 1.8m | 1.7m | 1.8m | 1.6m | 1.3m | 2.0m | 607,309 | 740,203 | 154,277 | 212,428 | 290,021 | 407,130 | 334,577 | 607,032 | 652,937 | 479,964 | 535,154 | 628,952 | |
170/4 |
1.8m | 1.8m | 1.7m | 1.8m | 1.6m | 1.3m | 2.0m | 607,309 | 740,203 | 154,277 | 212,428 | 290,021 | 407,130 | 334,577 | 607,032 | 652,937 | 479,964 | 535,154 | 628,952 | |
170 |
1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.5m | - | - | - | - | - | - | - | - | - | - | - | - | |
172 |
836,213 | 846,389 | 687,434 | 805,620 | 585,344 | 283,797 | 450,479 | 607,309 | 740,203 | 148,047 | 150,223 | 142,691 | 289,517 | 270,142 | 400,890 | 299,855 | - | 11,700 | 60,551 | |
173 |
- | - | 13,333 | 29,333 | 45,333 | - | - | - | - | 6,229 | 62,205 | 147,330 | 117,612 | 64,435 | 206,142 | 353,082 | 479,964 | 523,453 | 568,401 | |
42/48 |
6.6m | 6.9m | 9.9m | 9.8m | 10.8m | 10.8m | 12.0m | 15.9m | 13.9m | 7.8m | 11.1m | 13.1m | 14.2m | 15.3m | 13.0m | 12.9m | 9.9m | 10.7m | 12.2m | |
42 |
632,018 | 710,033 | 490,751 | 437,207 | 316,726 | 323,922 | 366,915 | 285,744 | 256,206 | 170,249 | 182,979 | 233,122 | 343,830 | 364,626 | 561,246 | 644,138 | 459,890 | 421,646 | 471,371 | |
43 |
- | - | 3.0m | 4.0m | 2.6m | - | 4.0m | 5.5m | 4.8m | 2.6m | 3.8m | 4.3m | 4.6m | 4.6m | 5.2m | 4.5m | 3.5m | 4.8m | 2.6m | |
430/8 |
- | - | 3.0m | 4.0m | 2.6m | - | 4.0m | 5.5m | 4.8m | 2.6m | 3.8m | 4.3m | 4.6m | 4.6m | 5.2m | 4.5m | 3.5m | 4.8m | 2.6m | |
44 |
4.8m | 3.5m | 5.1m | 4.1m | 6.4m | 10.0m | 7.4m | 9.8m | 8.6m | 4.2m | 6.8m | 7.1m | 8.6m | 10.1m | 7.1m | 7.5m | 5.8m | 5.4m | 7.9m | |
440/4 |
4.8m | 3.5m | 5.1m | 4.1m | 6.4m | 10.0m | 7.4m | 9.8m | 8.6m | 4.2m | 6.8m | 7.1m | 8.6m | 10.1m | 7.1m | 7.5m | 5.8m | 5.4m | 7.9m | |
45 |
212,209 | 458,573 | 363,633 | 558,880 | 496,598 | 416,716 | 144,595 | 244,280 | 294,713 | 247,694 | 253,112 | 311,269 | 360,807 | 275,163 | 188,062 | 217,811 | 188,499 | 101,948 | 191,229 | |
450/3 |
116,646 | 245,016 | 151,083 | 402,537 | 425,251 | 149,883 | 43,516 | 115,745 | 183,243 | 201,930 | 56,983 | 65,278 | 93,666 | 182,961 | 47,295 | 78,638 | 90,437 | 32,010 | 85,770 | |
454/9 |
95,562 | 213,557 | 212,550 | 156,343 | 71,347 | 266,833 | 101,079 | 128,535 | 111,470 | 45,764 | 196,129 | 245,992 | 267,141 | 92,203 | 140,767 | 139,173 | 98,062 | 69,938 | 105,458 | |
47/48 |
1.0m | 2.3m | 1.0m | 650,000 | 999,958 | 3,532 | 3,532 | 3,501 | 2,276 | 600,601 | 1,006 | 1.2m | 351,006 | 1,079 | 1,609 | 60,640 | 9,546 | 46,962 | 1.0m | |
492/3 |
1,762 | 1,762 | 12,135 | 17,627 | 37,608 | 32,725 | 42,850 | 38,382 | 54,060 | 45,451 | 37,459 | 46,378 | 25,835 | 20,475 | 24,237 | 25,504 | 11,559 | 17,725 | 9,645 | |
| Income statement | ||||||||||||||||||||
70/76A |
25.1m | 24.3m | 29.3m | 20.2m | 35.3m | 23.5m | 27.1m | 22.9m | 23.7m | 15.5m | 16.7m | 20.7m | 21.6m | 23.0m | - | - | 16.8m | 16.1m | 20.1m | |
70 |
24.7m | 23.9m | 28.7m | 19.8m | 34.9m | 23.3m | 27.0m | 22.8m | 23.6m | 15.3m | 16.6m | 20.5m | 21.4m | 22.8m | 23.6m | 18.2m | 16.8m | 16.0m | 20.0m | |
71 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | -72,177 | 16,841 | -70,324 | 28,720 | -17,710 | |
74 |
476,434 | 444,056 | 594,723 | 376,249 | 353,784 | - | - | - | - | - | - | - | - | - | 153,623 | 131,164 | - | - | - | |
76A |
- | - | - | 55,606 | - | 44,394 | - | - | - | - | - | - | 64,148 | - | - | - | - | - | - | |
60/66A |
24.3m | 22.2m | 27.5m | 19.4m | 33.7m | 23.0m | 26.3m | 22.6m | 23.2m | 14.9m | 16.5m | 20.5m | 21.3m | 22.6m | - | - | 17.0m | 16.1m | 19.9m | |
60 |
15.0m | 14.0m | 18.3m | 11.3m | 22.5m | 15.5m | 17.9m | 15.1m | 15.5m | 8.0m | 9.2m | 11.6m | 12.8m | 14.5m | 15.4m | 11.7m | 10.3m | 9.3m | 12.9m | |
600/8 |
15.0m | 14.0m | 18.3m | 11.3m | 22.5m | 15.5m | 17.9m | 15.1m | 15.5m | 8.0m | 9.1m | 11.6m | 12.8m | 14.4m | 15.5m | 11.7m | 10.3m | 9.3m | 12.8m | |
609 |
6,815 | 35,328 | -17,095 | -39,027 | -17,229 | 4,500 | 14,830 | -3,215 | -22,460 | 19,446 | 42,863 | -42,978 | 22,200 | 27,179 | -38,535 | -66 | -3,310 | 13,571 | 47,783 | |
61 |
3.5m | 3.0m | 3.5m | 3.5m | 4.9m | 3.4m | 4.0m | 3.2m | 3.4m | 2.7m | 2.7m | 3.4m | 3.7m | 3.3m | 3.2m | 2.4m | 2.3m | 2.6m | 2.8m | |
62 |
4.7m | 4.4m | 4.3m | 4.0m | 5.4m | 3.6m | 3.9m | 3.9m | 3.8m | 3.6m | 4.1m | 4.8m | 4.2m | 4.2m | 4.1m | 3.6m | 3.7m | 3.5m | 3.5m | |
630 |
1.0m | 739,599 | 732,926 | 556,620 | 739,612 | 474,053 | 396,627 | 402,625 | 321,840 | 382,867 | 536,846 | 568,303 | 510,222 | 525,689 | 603,573 | 495,353 | 578,984 | 586,660 | 665,119 | |
631/4 |
5,791 | 25,183 | -5,354 | -112,612 | -6,861 | -106,564 | -63,316 | -53,435 | 154,843 | 136,401 | -56,851 | -19,590 | -4,591 | 119,436 | 57,541 | - | - | 60,587 | -10,343 | |
635/8 |
- | - | 635,000 | - | - | - | - | - | - | 100,000 | - | - | - | - | - | - | - | - | -7,000 | |
640/8 |
57,840 | 57,543 | 49,638 | 117,644 | 88,902 | 97,699 | 184,102 | 122,190 | 55,224 | 29,948 | 58,710 | 170,209 | 64,691 | 78,094 | 54,107 | 84,351 | 54,399 | 61,534 | 69,812 | |
66A |
- | - | 1,355 | - | 38,338 | - | - | - | - | - | - | - | - | 11,841 | - | - | 114,199 | - | - | |
9901 |
864,901 | 2.1m | 1.8m | 785,743 | 1.6m | 517,087 | 826,601 | 272,703 | 474,756 | 566,189 | 214,289 | 180,641 | 260,383 | 332,694 | 184,352 | 198,036 | -177,798 | 14,979 | 170,382 | |
75/76B |
153,192 | 1.1m | 827,764 | 503,652 | 132,866 | 102,131 | 130,232 | 113,223 | 181,097 | 232,261 | 119,060 | 190,084 | 126,953 | 118,228 | - | - | 589,911 | 319,471 | 244,868 | |
75 |
153,192 | 1.1m | 827,764 | 503,652 | 132,866 | 102,131 | 130,232 | 113,223 | 181,097 | 232,261 | 119,060 | 190,084 | 126,953 | 118,228 | 303,109 | 99,060 | 589,911 | 319,471 | 244,868 | |
750 |
57,738 | 1.1m | 668,743 | 363,193 | 76,288 | 75,793 | 95,172 | 93,755 | 98,922 | 77,166 | 63,382 | 64,148 | 70,535 | 58,446 | 57,966 | 56,526 | 140,424 | 143,592 | 178,441 | |
751 |
- | 3,194 | 4,098 | 4,657 | 26,678 | 0 | 13,143 | 3,286 | 51,865 | 141,214 | 23,806 | 100,443 | 38,943 | 45,924 | 236,149 | 27,103 | 435,298 | 141,006 | 26,717 | |
752/9 |
95,454 | 41,291 | 154,923 | 135,802 | 29,900 | 26,338 | 21,918 | 16,182 | 30,310 | 13,881 | 31,873 | 25,492 | 17,476 | 13,858 | 8,994 | 15,431 | 14,189 | 34,873 | 39,710 | |
65/66B |
180,168 | 146,764 | 298,953 | 242,147 | 384,313 | 218,874 | 240,874 | 231,381 | 228,554 | 203,117 | 221,958 | 240,117 | 243,544 | 254,508 | - | - | 279,432 | 290,259 | 231,968 | |
65 |
180,168 | 146,764 | 298,953 | 242,147 | 384,313 | 218,874 | 240,874 | 231,381 | 228,554 | 203,117 | 221,958 | 240,117 | 243,544 | 254,508 | 293,809 | 253,589 | 279,432 | 290,259 | 231,968 | |
650 |
136,902 | 100,826 | 292,977 | 129,094 | 172,221 | 96,239 | 120,297 | 111,357 | 98,487 | 102,296 | 117,317 | 143,032 | 146,247 | 198,426 | 227,691 | 166,117 | 270,942 | 288,744 | 228,616 | |
652/9 |
43,266 | 45,938 | 5,975 | 113,053 | 212,092 | 122,636 | 120,577 | 120,024 | 130,067 | 100,821 | 104,641 | 97,085 | 97,297 | 56,082 | - | - | 8,491 | 1,515 | 3,353 | |
9903 |
837,925 | 3.0m | 2.3m | 1.0m | 1.3m | 400,344 | 715,959 | 154,545 | 427,299 | 595,332 | 111,392 | 130,608 | 207,941 | 184,574 | 193,652 | 43,507 | 18,481 | 44,190 | 183,282 | |
67/77 |
220,055 | 522,579 | 452,007 | 211,162 | 368,815 | 145,934 | 230,797 | 71,609 | 153,427 | 203,964 | 26,957 | 27,001 | 54,168 | 55,473 | 9,368 | - | - | -576 | 44,149 | |
670/3 |
225,313 | 525,627 | 452,127 | 211,162 | 368,815 | 145,934 | 230,797 | 71,609 | 153,427 | 203,964 | 26,957 | 27,001 | 54,168 | 55,473 | 9,368 | - | - | 240 | 44,205 | |
77 |
5,258 | 3,048 | 120 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 816 | 55 | |
9904 |
617,869 | 2.5m | 1.9m | 836,087 | 962,716 | 254,410 | 485,162 | 82,937 | 273,872 | 391,368 | 84,435 | 103,607 | 153,773 | 129,101 | 184,284 | 43,507 | 18,666 | 49,207 | 149,018 | |
9905 |
617,869 | 2.5m | 1.9m | 836,087 | 962,716 | 254,410 | 485,162 | 82,937 | 273,872 | 391,368 | 84,435 | 103,607 | 153,773 | 129,101 | 184,284 | 43,507 | 18,666 | 49,207 | 149,018 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
4.9m | 5.7m | 4.2m | 3.0m | 3.2m | 2.2m | 2.0m | 2.2m | 2.2m | 2.5m | 2.1m | 2.0m | 2.0m | 1.9m | 1.8m | 1.6m | 1.5m | 1.5m | 2.5m | |
14P |
4.2m | 3.2m | 2.4m | 2.2m | 2.2m | - | - | - | - | - | - | - | - | - | 1.6m | 1.5m | - | - | - | |
694/7 |
400,000 | 1.5m | 1.0m | 650,000 | 1.0m | - | - | 700,000 | 100,000 | 600,000 | - | - | 100,000 | - | - | - | - | - | 1.0m | |
694 |
400,000 | 1.5m | 1.0m | 650,000 | 1.0m | - | - | 700,000 | 100,000 | 600,000 | - | - | 100,000 | - | - | - | - | - | 1.0m | |
| Social balance sheet | ||||||||||||||||||||
9087 |
84.4 | 83.2 | 81.8 | 78.6 | 77.9 | 80.3 | 81.3 | 82.5 | 82.4 | 84.5 | 90.7 | 100.8 | 102.9 | 97.7 | 100.6 | 91.5 | 89.5 | 87.8 | 93 | |
Men (FTE)1003 |
82.6 | 81.2 | 80.5 | 77.6 | 76.9 | 79.3 | 80.3 | 81.5 | 81.4 | 82.8 | 88.9 | 99 | 101.1 | - | - | - | - | - | - | |
Women (FTE)1003 |
1.8 | 2 | 1.3 | 1 | 1 | 1 | 1 | 1 | 1 | 1.7 | 1.8 | 1.8 | 1.8 | - | - | - | - | - | - | |
Agency workers1501 |
1.6 | 1.6 | 1.9 | 3.3 | 4 | 1 | 0.8 | 2.3 | 0.6 | - | 0.4 | 1.7 | 1.4 | 0.8 | - | - | 0.7 | 1.5 | 2.1 | |
Hours worked1013 |
116,782 | 112,513 | 111,542 | 114,110 | 153,895 | 100,908 | 114,495 | 110,428 | 111,026 | 106,876 | 117,992 | 145,380 | 126,027 | 129,208 | - | - | 128,729 | 124,251 | 130,857 | |
| Document | ||||||||||||||||||||
The accounts for 14 older financial years (1993-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 84 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 02-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 02-07-2026 | 2026-00240335 | |
| 31-12-2024 | full format | 16-06-2025 | 2025-00148094 | |
| 31-12-2023 | full format | 17-06-2024 | 2024-00132853 | |
| 31-12-2022 | full format | 28-06-2023 | 2023-00167448 | |
| 31-12-2021 | full format | 04-07-2022 | 2022-20142947 | |
| 30-06-2020 | full format | 14-12-2020 | 2020-75400168 | |
| 30-06-2019 | full format | 11-12-2019 | 2019-76200372 | |
| 30-06-2018 | full format | 05-12-2018 | 2018-73700416 | |
| 30-06-2017 | full format | 21-03-2018 | 2018-07600513 | |
| 30-06-2016 | full format | 28-02-2017 | 2017-05600099 | |
| 30-06-2015 | full format | 30-11-2015 | 2015-67800137 | |
| 30-06-2014 | full format | 10-12-2014 | 2014-68900597 | |
| 30-06-2013 | full format | 17-12-2013 | 2013-68800421 | |
| 30-06-2012 | full format | 21-01-2013 | 2013-01200106 | |
| 30-06-2011 | full format | 14-12-2011 | 2011-63600546 | |
| 30-06-2010 | full format | 24-12-2010 | 2010-64600121 | |
| 30-06-2009 | full format | 18-12-2009 | 2009-90400213 | |
| 30-06-2008 | full format | 24-12-2008 | 2008-87000158 | |
| 30-06-2007 | full format | 06-12-2007 | 2007-82500351 | |
| 30-06-2006 | full format | 29-01-2007 | 2007-02400164 | |
| 30-06-2005 | full format | 31-01-2006 | 2006-04204992 | |
| 30-06-2004 | full format | 01-12-2004 | 2004-83101319 | |
| 30-06-2003 | full format | 12-05-2004 | 2004-13700286 | |
| 30-06-2002 | full format | 19-11-2002 | 2002-72700502 | |
| 30-06-2001 | full format | 10-01-2002 | 2002-01003864 | |
| 30-06-2000 | full format | 28-12-2000 | 2000-78302059 | |
| 30-06-1999 | full format | 30-11-1999 | 1999-61201466 | |
| 30-06-1998 | full format | 26-03-1999 | 1999-06102709 | |
| 30-06-1997 | full format | 24-11-1997 | 1997-54105073 | |
| 30-06-1996 | full format | 12-12-1996 | 1996-53304725 | |
| 30-06-1995 | full format | 20-11-1995 | 1995-57502207 | |
| 30-06-1994 | full format | 21-11-1994 | 1994-47701099 | |
| 30-06-1993 | full format | 18-11-1993 | 1993-43403435 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.9m | 2.8m | 2.5m | 1.3m | 2.3m | 991,140 | 1.2m | 675,328 | 796,597 | 949,056 | 751,135 | 748,944 | 770,605 | 858,383 | 787,925 | 693,389 | 401,185 | 601,639 | 835,501 | ||
| 1.6m | 3.3m | 2.6m | 1.4m | 1.7m | 728,463 | 881,789 | 485,562 | 595,712 | 774,236 | 621,281 | 671,910 | 663,995 | 654,790 | 787,857 | 538,860 | 597,650 | 635,867 | 814,137 | ||
| 1.0m | 1.1m | 853,798 | 1.1m | 1.7m | 314,971 | 366,040 | 306,558 | 1.0m | 197,132 | 267,257 | 189,436 | 736,245 | 232,305 | 730,110 | 935,954 | 578,578 | 573,156 | 646,186 | ||
| 11,317 | -1.7m | 1.4m | -763,009 | 685,455 | -2.8m | 663,944 | 586,757 | 414,054 | -1.1m | 1.5m | 371,517 | 505,575 | -23,453 | -143,028 | -357,265 | 551,581 | 71,147 | - | ||
| 3.4m | 3.2m | 2.5m | 1.2m | 1.4m | 2.0m | 2.3m | -475,888 | 287,207 | 287,278 | 1.3m | 995,909 | 555,402 | 694,212 | 636,258 | 635,282 | 886,078 | -533,766 | -1.5m | ||
| 3.5% | 8.7% | 6.2% | 4.0% | 4.5% | 2.2% | 3.1% | 1.2% | 2.0% | 3.7% | 1.3% | 0.9% | 1.2% | 1.5% | 0.8% | 1.1% | -1.1% | 0.1% | 0.9% | ||
| 38.1% | 36.5% | 26.2% | 23.2% | 20.9% | 21.7% | 18.1% | 13.6% | 17.9% | 27.5% | 22.4% | 19.1% | 17.4% | 16.2% | 17.6% | 16.7% | 20.4% | 19.0% | 16.9% | ||
| 1.52 | 1.47 | 1.25 | 1.12 | 1.13 | 1.18 | 1.19 | 0.97 | 1.02 | 1.04 | 1.11 | 1.08 | 1.04 | 1.05 | 1.05 | 1.05 | 1.09 | 0.95 | 0.88 | ||
| 1.51 | 1.46 | 1.24 | 1.12 | 1.12 | 1.18 | 1.19 | 0.97 | 1.02 | 1.03 | 1.11 | 1.07 | 1.04 | 1.04 | 1.04 | 1.04 | 1.08 | 0.93 | 0.86 | ||
| 1.51 | 1.62 | 2.67 | 3.31 | 3.76 | 3.60 | 4.50 | 6.32 | 4.55 | 2.61 | 3.47 | 4.23 | 4.76 | 5.18 | 4.69 | 5.00 | 3.90 | 4.26 | 4.93 | ||
| 11.0% | 46.8% | 42.6% | 23.8% | 29.0% | 7.6% | 15.6% | 3.2% | 8.5% | 12.8% | 2.6% | 3.3% | 5.0% | 4.3% | 6.4% | 1.6% | 0.7% | 1.9% | 5.7% | ||
| 4.2% | 17.1% | 11.2% | 5.5% | 6.1% | 1.6% | 2.8% | 0.4% | 1.5% | 3.5% | 0.6% | 0.6% | 0.9% | 0.7% | 1.1% | 0.3% | 0.1% | 0.4% | 1.0% | ||
| 13.77 | 27.97 | 8.59 | 10.40 | 13.49 | 10.30 | 10.17 | 6.06 | 8.09 | 9.28 | 6.40 | 5.24 | 5.27 | 4.33 | 3.46 | 4.17 | 1.48 | 2.08 | 3.65 | ||
| 128 days | 139 days | 112 days | 161 days | 107 days | 177 days | 130 days | 195 days | 160 days | 140 days | 196 days | 217 days | 225 days | 244 days | 197 days | 250 days | 213 days | 216 days | 184 days | ||
| 94 days | 74 days | 85 days | 101 days | 85 days | 194 days | 124 days | 196 days | 167 days | 144 days | 210 days | 171 days | 189 days | 208 days | 138 days | 196 days | 167 days | 164 days | 185 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Source: 2024 accounts, page 27, filing 2025-00148094
Source: 2020 accounts, page 25, filing 2020-75400168
| By activity | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Travaux de voirie et assimilés | €20,485,558 | €16,582,124 | €15,264,171 | - | €22,762,670 | €27,010,706 | - | €19,778,411 | €28,733,554 | €23,885,512 |
| Travaux de voirie et assimiés | - | - | - | - | - | - | €23,332,825 | - | - | - |
| Travaux de voiries et assimilés | - | - | - | €23,585,803 | - | - | - | - | - | - |
| Total | €20,485,558 | €16,582,124 | €15,264,171 | €23,585,803 | €22,762,670 | €27,010,706 | €23,332,825 | €19,778,411 | €28,733,554 | €23,885,512 |
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 83 | 86 | 86 | 77 | 79 |
| full-time | 80 | 83 | 84 | 77 | 79 |
| part-time | 3 | 3 | 2 | - | - |
| in full-time equivalents | 81.7 | 84.7 | 84.9 | 77 | 79 |
| 84.4 | 83.2 | 81.8 | 78.6 | 77.9 | |
| On a permanent contract | 80 | 80 | 78 | 71 | 76 |
| Joined | 8 | 9 | 17 | 12 | 14 |
| Left | 11 | 9 | 8 | 14 | 16 |
| Agency workers, average number | 1.6 | 1.6 | 1.9 | 3.3 | 4 |
| Training hours | 2,705 | 2,809 | 5,463 | 6,000 | 2,285 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €1.5m | €1.5m | €4.2m | - | €3.5m |
| Debts guaranteed by Belgian public bodies | - | - | - | €5.3m | - |
| - | - | - | - | €4.0m | |
| Mandates to pledge the business | €3.8m | €3.9m | €3.9m | €3.9m | - |
| Pledge on other assets, amount secured | €1.5m | €1.5m | €1.2m | €1.2m | €886,070 |
| Carrying value of the other pledged assets | €1.8m | €1.8m | €1.3m | €1.3m | €925,240 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1.0m | €1.1m | €853,798 | €1.1m | €1.1m |
| Financial fixed assets | - | - | - | - | €552,649 |
| €1.0m | €739,599 | €732,926 | €556,620 | €739,612 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Fee for the audit | €9,445 | €8,520 | €8,520 | €8,405 | €7,250 |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.
The operating result for 2025 is 58% lower than in 2024 and the lowest since 2022.
Debt's share of the balance-sheet total falls from 59.2% to 57.6%. Equity is higher and debt is lower.
Further up the chainJOLY 80%
Source: parent in its own accounts, lists of holdings in the owners' accounts
Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.
Part of the group JOLY Group, risk and exposure| Gravaubel
registered office since 01-01-1968 · founded in 1941 · group JOLY |
62 FTE (2025) 0402.404.104 |
| JOLY SA
registered office since 03-05-1999 · founded in 1998 · group JOLY |
5 FTE (2025) 0464.849.536 |
| JOLY
registered office since 15-09-2021 · founded in 2021 |
total assets €18.4m (2025) 0773.919.745 |
| AQUAFLUX
registered office since 01-09-2008 · founded in 2008 · accounts filed late |
28 FTE (2024) 0899.664.112 |
| TERRANOVA
registered office since 16-02-2005 · founded in 2005 · group JOLY |
6.8 FTE (2025) 0872.242.806 |
| WERISOL
registered office since 12-03-2021 · founded in 2021 |
turnover €1.2m (2025) 0764.999.606 |
| CHATEAU DE DURETTE
registered office since 24-01-2008 · founded in 2008 |
total assets €549,542 (2025) 0895.295.152 |
| GAMA - ASPHALT
registered office since 13-05-1993 · founded in 1993 · group JOLY |
total assets €517,664 (2025) 0449.317.064 |
| SSM ABTECH-GRAVAUBEL
registered office since 01-09-2026 |
founded in 2026 1041.461.680 |
| TRANSPORT GROUPE JOLY
registered office since 20-05-2025 · group JOLY |
founded in 2025 1023.528.657 |
The network lets you explore the ties of AB Tech.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| ABTECH registered office Avenue de l'Indépendance 83, 4020 Liège | 28-04-1992 | 2.057.399.001 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 62113B0782/00E003 | 2.2 ha | 1 · 603 m² | 8.3 m · 3 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0447.207.216
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