Advanced Engineering Center
ActiveSummary
Advanced Engineering Center has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.53M and a net result of €136k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 59% of 179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▼-31
Solvency72▼-10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €340k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 1.65 in 2024; short-term debt: 45.3% and cash: 11.5% of total assets), and 53.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
46.9%
Return on assets
1.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-05-2026, 65 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
65 d early
2024
59 d early
2023
9 d early
2022
80 d early
2021
23 d late
2020
36 d early
2019
57 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€136k▼ 74.7%
2024 · €538k
2019: €-76k
2020: €22k
2021: €-149k
2022: €-466k
2023: €243k
2024: €538k
2019 → 2025
Working capital
€2.01M▼ 31.8%
2024 · €2.95M
2019: €-40k
2020: €63k
2021: €-209k
2022: €-823k
2023: €-930k
2024: €2.95M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€547k-€81k▼ 85.1%€2.00M▲ 2,358%€6.94M▲ 247%€5.53M▼ 20.3%
Operating result€-145k-€-449k▼ 211%€93k€183k▲ 97.3%€-552k
Net result€-149k-€-466k▼ 212%€243k€538k▲ 122%€136k▼ 74.7%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €552k after €183k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11.78M
Fixed assets
€4.44M ▼ 5.9%
Current assets
€7.34M ▼ 1.9%
Equity and liabilities €11.78M
Equity
€5.53M ▼ 20.3%
Debt
€6.25M ▲ 18.6%
Debt's share of the balance-sheet total rises from 43.2% to 53.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€171k▼
2024 · €731k
Cash flow
€859k▼
2024 · €1.09M
Current ratio
1.38▼
2024 · 1.65
Debt to equity
1.13▲
2024 · 0.76
ROE
2.5%▼
2024 · 7.8%
ROA
1.2%▼
2024 · 4.4%
Interest coverage
2.74▼
2024 · 14.12
Debt ≤ 1 year
€5.33M▲
2024 · €4.54M
Debt > 1 year
€607k▼
2024 · €729k
Income taxes
€615▼
2024 · €2k
Staff costs
€542k▼
2024 · €702k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€12.21M€11.78M▼
Fixed assets21/28€4.72M€4.44M▼
Intangible fixed assets21-€0
Tangible fixed assets22/27€4.68M€4.44M▼
Furniture and vehicles24€282k€204k▼
Other tangible fixed assets26€3.79M€4.24M▲
Assets under construction and advance payments27€608k€0▼
Financial fixed assets28€45k€413▼
Current assets29/58€7.49M€7.34M▼
Amounts receivable within one year40/41€7.24M€5.95M▼
Trade receivables40€228k€356k▲
Other amounts receivable41€7.01M€5.60M▼
Cash at bank and in hand54/58€218k€1.36M▲
Deferred charges and accrued income490/1€33k€28k▼
Equity and liabilities
Total equity and liabilities10/49€12.21M€11.78M▼
Equity10/15€6.94M€5.53M▼
Contributions10/11€750k€750k=
Profit (loss) carried forward14€112k€249k▲
Investment grants15€6.08M€4.53M▼
Amounts payable17/49€5.27M€6.25M▲
Amounts payable after more than one year17€729k€607k▼
Financial debts170/4€729k€607k▼
Amounts payable within one year42/48€4.54M€5.33M▲
Current portion of amounts payable after more than one year42€121k€121k=
Financial debts43€1.00M€1.00M=
Other loans439€1.00M€1.00M=
Trade debts44€782k€1.70M▲
Suppliers440/4€782k€1.70M▲
Taxes, remuneration and social security45€259k€131k▼
Taxes450/3€161k€41k▼
Remuneration and social security454/9€98k€90k▼
Other amounts payable47/48€2.38M€2.38M=
Accrued charges and deferred income492/3-€312k
Income statement
Code20242025
Non-recurring operating income76A€759k€3k▼
Remuneration, social security and pensions62€702k€542k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€548k€722k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€65k
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A€119k€45k▼
Gross operating margin9900€1.55M€825k▼
Operating profit (loss)9901€183k€-552k▼
Financial income75/76B€465k€751k▲
Recurring financial income75€465k€695k▲
Non-recurring financial income76B-€56k
Financial charges65/66B€108k€62k▼
Recurring financial charges65€52k€62k▲
Non-recurring financial charges66B€56k-
Profit (loss) for the period before taxes9903€540k€137k▼
Income taxes67/77€2k€615▼
Profit (loss) for the period9904€538k€136k▼
Profit (loss) for the period to be appropriated9905€538k€136k▼
Appropriation of the result
Profit (loss) to be appropriated9906€112k€249k▲
Profit (loss) brought forward from the previous period14P€-426k€112k▲
Social balance
Average headcount (FTE)90878.96.5▼
The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2019net €538k ▲122%
Operating result €183k, net result €538k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.65
Current ratio from 0.77 to 1.65.
31-12
Financial
Equity above €5MEq €6.94M ▲247%
2 profitable years in a row build equity to €6.94M.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €243k
Net result €243k after 2 loss-making years.
31-12
Financial
Equity above €1MEq €2.00M ▲2358%
Equity rises from €81k to €2.00M.
12-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-466k
Net result drops to €-466k, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 23 days late
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
04-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
14 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, Charleroi · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Quai Arthur Rimbaud 66000 CharleroiGround area
656 m²
Building footprint
206 m²
Volume, LiDAR
3,800 m³
Parcel 52011D0139/00D005, Wallonia · tallest building 20.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Advanced Engineering Center
since 20192.290.588.385
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52011D0139/00D005 | Wallonia | 656 m² | 1 · 206 m² | 20.9 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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BE 0838.540.254
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EnerGent
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TÜV AUSTRIA BELGIUM
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Rotselaar · Eq €5.83M
Future Foundations
BE 0644.842.934
Gent · Eq €5.19M
Of 4,567 companies in sector 74999 we hold annual accounts for 1,938. 242 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-04-2019
Fiscal year end31-12
Abbreviation FR
A6K
Activities, NACEBEL 2025
74999Other professional, scientific and technical activities
82990Other business support services
33200Installation of industrial machinery and equipment
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.