Equity
€306 from €55,632 in 2017
Equity fell by 99% in 8 years.
ADDITEC
Lifetime
20 annual accounts with figures on one time axis, 21 filings since 2005peak €47,184 (2019)
€23,352▼ 45.6%
lowest -€29,427 (2022)
-€1,310▼ €4,129
peak €55,632 (2017)
€306▼ 81.1%
€150,564▼ 17.5%
peak 0.9 FTE (2019)
-not published
Board3 names since 2004
2 directorsZABRIESZACH Valentin and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €42,945 to €23,352Loss of €1,310Equity from €1,615 to €306Debts from €182,456 to €150,564
Key points
from the 2025 annual accountsTurnover
≈ €310,000 estimated
The micro format states no turnover.
Debts
€150,564 100% of the balance sheet
Financial debts 21%Suppliers 11%Taxes and wages 13%Other 55%
Of this, €121,562 falls due within a year.
Investments
€66,120 4.1 × depreciation
Green is investment, beige is depreciation. Machinery stands 24.9% higher than in 2024.
Filings
21 annual accounts since 2005
Seven of the last ten came late. The 2017 accounts came latest: 90 days after the end of the period.
Position in the sector
€306
Less equity than 90% of companies in specialised construction. Sector median €57,691 · 35,148 companies.
Checked score
53
Fair
Financially stronger than 13% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.7% Moderate
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 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.7%● unchanged vs 05-2025
07-2025: 0.6%▼ -0.1 percentage points vs 06-2025
08-2025: 0.6%● unchanged vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026lowest value
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 1.2%▲ +0.6 percentage points vs 07-2026
09-2026: 1.7%▲ +0.5 percentage points vs 08-2026highest value
10-2026: 1.7%● unchanged vs 09-2026highest value
11-2026: 1.7%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.65
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
Sector: Specialised construction activities (NACE 43)
lowers risk
Size: total assets €150,869
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, 7% on liquidity, 31% on profitability and 5% 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 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 974 companies had the same profile as ADDITEC has now. Each dot stands for 3 companies, two years later.
92.9%
were still trading
4.4%
stopped another way
2.3%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ADDITEC itself: 1.7% 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 974 companies, not a prediction for ADDITEC. 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 publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.65 (0.63 in 2024), below 1. Short-term debt is 80.6% of total assets. 99.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 35136 sector peers (2025).
NBB · sector comparisonPosition among 35136 sector peers
Solvency
better than 10%
← weakest
strongest →
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
48 days early
2023
51 days early
2022
3 days late
2021
24 days late
2020
27 days late
2019
21 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 5 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 next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 August (4 of the last 5 accounts filed within 51 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
ZV
ZABRIESZACH Valentin
Director, since 19-05-2004
- ZABRIESZACH Valentino Pio 100 sharesdeed of 18-12-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0865566137
Appointment: Zabrieszach Julian (director)
General meeting of 19-03-2024 · Gazette deed
Purpose change · Amendment of the articles · Legal-form change · Resignations & appointments
Reappointment: ZABRIESZACH Valentino Pio (director) · “Modification de l’objet; Rapport de l’organe d’administration justifiant la modification proposée à l’objet…” (deed in French) · ZABRIESZACH Valentino Pio holds 100 shares · General meeting of 11-12-2023 · Gazette deed
Incorporation
published on 11-06-2004 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ADDITEC Seraing | €150,869 | €23,352 | 0.2% | - |
| GREEN HORSE Asse | €147,621 | €23,675 | 17.0% | - |
| Van Duysen en Zoon Dendermonde | €139,639 | €25,249 | 86.0% | - |
| AZUR-RENOV Forest | €157,451 | €20,507 | -52.8% | - |
| Jazaert Management Genk | €167,423 | €25,694 | 25.1% | - |
| Bouwwerken Benny Lenaerts Arendonk | €156,427 | €23,718 | 94.4% | - |
| STEENMAN Asse | €154,614 | €24,987 | 53.9% | - |
These companies have the same main activity as ADDITEC: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €140,000 and €167,000, founded between 2002 and 2006.
Official details
Source: KBO- Status
- Active since 02-06-2004Normal situation
- Activity
- Other specialised construction activitiesNACE 43990and 2 others
- Establishment unit
- 2.137.327.2964101 Seraing, since 19-05-2004
- Financial year end
- 31 December
- Peppol
- Reachable since 15-12-2025
Insights on ADDITEC
ADDITEC files the micro format. That format states no turnover. The gross margin rose from €8,541 in 2006 to €23,352 in 2025.
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 ADDITEC
- What is the company number of ADDITEC?
- The company number of ADDITEC is 0865.566.137. The VAT number is the same number with BE in front: BE 0865.566.137.
- Where is ADDITEC based?
- The registered office is at Rue de Montegnée 176, 4101 Seraing.Company details
- What does ADDITEC do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of ADDITEC?
- ADDITEC is a private limited company (BV).
- When was ADDITEC founded?
- ADDITEC was founded on 02-06-2004.
- Is ADDITEC still active?
- Yes, ADDITEC is an active enterprise in the KBO register.
- How many employees does ADDITEC have?
- ADDITEC had an average of 0.9 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- What is the turnover of ADDITEC?
- The turnover in financial year 2025 is ≈ €310,000. This figure is estimated from the gross margin of €23,352 and 201 comparable companies (NACE 43990). It probably lies between €170,000 and €600,000. It is a rough estimate.
- Is ADDITEC profitable?
- In financial year 2025, ADDITEC made a loss of €1,310.
- Where can I find the annual accounts of ADDITEC?
- ADDITEC filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ADDITEC due?
- ADDITEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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