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ABSOTECH

Active
Private limited companyfounded 201016 yrs activeVaartstraat 4, 3191 Boortmeerbeek, BelgiumKBO/BCE: BE 0823.633.037

ABSOTECH has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €66k and a net result of €-11k. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 58% of 976 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
61 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability8▼-6
Solvency78▲+7
Growth35▼-17
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 1.86 against 1.63 in 2024; short-term debt: 47.5% and cash: 41.5% of total assets), and 47.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
52.5%
Return on assets
-8.6%
Age of the figures
18 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 16 years 0 20 y
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year €-11k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 14-10-2025, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 d early
2024
24 d early
2023
15 d early
2022
32 d early
2021
32 d early
2020
22 d early
2019
16 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close18-09-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Turnover
€148k▼ 40.5%
2019 · €248k
2019: €248k
2019 → 2020
EBIT margin
-8.6%▼ 6.4pp
2019 · -2.2%
2019: -2.2%
2019 → 2020
Net result
€-11k▼ 80.0%
2024 · €-6k
2019: €-9k 2020: €-14k 2021: €-17k 2022: €-18k 2023: €71k 2024: €-6k
2019 → 2025
Working capital
€51k▼ 8.8%
2024 · €56k
2019: €-8k 2020: €-23k 2021: €-37k 2022: €-50k 2023: €74k 2024: €56k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€30k-€11k▼ 61.5%€82k▲ 619%€76k▼ 7.3%€66k▼ 14.1%
Operating result€-12k-€-19k▼ 60.4%€91k€-6k€-11k▼ 102%
Net result€-17k-€-18k▼ 8.8%€71k€-6k€-11k▼ 80.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100kOperating result 2021: €-12k€-12kNet result 2021: €-17k€-17kOperating result 2022: €-19k€-19kNet result 2022: €-18k€-18kOperating result 2023: €91k€91kNet result 2023: €71k€71kOperating result 2024: €-6k€-6kNet result 2024: €-6k€-6kOperating result 2025: €-11k€-11kNet result 2025: €-11k€-11k20212022202320242025
The operating result stays negative: a loss of €11k in 2025 against €6k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €125k
Fixed assets €14k▼ 28.9%
Current assets €110k▼ 24.1%
Equity and liabilities €125k
Equity €66k▼ 14.1%
Debt €59k▼ 33.8%
The debt ratio falls from 54.0% to 47.5%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-5k
2024 · €-439
Cash flow
€-5k
2024 · €-906
Solvency
52.5%
2024 · 46.0%
Current ratio
1.86
2024 · 1.63
Quick ratio
1.86
2024 · 1.63
Debt / equity
0.90
2024 · 1.17
ROE
-16.5%
2024 · -7.9%
ROA
-8.6%
2024 · -3.6%
Interest coverage
-75.77
2024 · -0.47
Debt
€59k
2024 · €90k
Debt ≤ 1 year
€59k
2024 · €90k
Income taxes
€50
2024 · €267
Staff costs
€346
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€166k€125k
Fixed assets21/28€20k€14k
Tangible fixed assets22/27€20k€14k
Furniture and vehicles24€20k€14k
Current assets29/58€146k€110k
Amounts receivable within one year40/41€2k€529
Other amounts receivable41€2k€529
Current investments50/53€63k€45k
Cash at bank and in hand54/58€51k€52k
Deferred charges and accrued income490/1€30k€13k
Equity and liabilities
Total equity and liabilities10/49€166k€125k
Equity10/15€76k€66k
Contributions10/11€19k€19k=
Reserves13€64k€64k=
Distributable reserves133€64k€64k=
Profit (loss) carried forward14€-6k€-17k
Amounts payable17/49€90k€59k
Amounts payable within one year42/48€90k€59k
Current portion of amounts payable after more than one year42€3k€415
Trade debts44€49k€24k
Suppliers440/4€49k€24k
Other amounts payable47/48€38k€35k
Income statement Code20242025
Remuneration, social security and pensions62-€346
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k
Other operating charges640/8€821€869
Gross operating margin9900€382€-4k
Operating profit (loss)9901€-6k€-11k
Financial income75/76B€723€502
Recurring financial income75€723€502
Financial charges65/66B€924€70
Recurring financial charges65€924€70
Profit (loss) for the period before taxes9903€-6k€-11k
Income taxes67/77€267€50
Profit (loss) for the period9904€-6k€-11k
Profit (loss) for the period to be appropriated9905€-6k€-11k
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€-17k
Profit (loss) brought forward from the previous period14P-€-6k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
14-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
07-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
16-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial Back to profitnet €71k
Net result €71k after 4 loss-making years.
31-03
Financial Liquidity times 7current ratio 1.81
Current ratio from 0.26 to 1.81.
2022
29-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
2021
29-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
09-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
15-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
26-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
25-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
19-10
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 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, Boortmeerbeek · 1 establishment unit since 2010
seat establishment The establishment unit on the map
Ground area
958 m²
Building footprint
221 m²
Volume, LiDAR
1,271 m³
2 parcels, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Absotech
Vaartstraat 2, 3191 BoortmeerbeekConstruction of utility projects for electricity and telecommunications
since 20102.185.721.388
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24039B0182/00R000 Flanders 540 m² 1 · 79 m² 8.2 m · 2 fl.
24039B0182/00S000 Flanders 418 m² 1 · 143 m² 8.6 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

894500MAT9D6I81P4L72
live in the LEI register

Similar companies · same sector, comparable size

Of 1,823 companies in sector 42220 we hold annual accounts for 958. 696 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded02-03-2010
Fiscal year end31-03
Activities, NACEBEL
42220Construction of utility projects for electricity and telecommunications
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.