Equity
€158,571 from €348,635 in 2021
Equity fell by 55% in 4 years.
ADVANCED SHIPBUILDING
Lifetime
7 annual accounts with figures on one time axis, 13 filings since 2013peak €465,172 (2020)
€34,063▼ 68.7%
lowest -€86,057 (2022)
-€34,316▲ €8,332
peak €348,635 (2021)
€158,571▼ 17.8%
€1.1m▼ 14.4%
Board1 name since 2023
1 director
Documentsfilings and deeds
14-07-202617 days before the deadline
2025micro format
Gross margin from €108,869 to €34,063Loss of €34,316Equity from €192,887 to €158,571Cash from €30,542 to €3,577
Key points
from the 2025 annual accountsLosses
-€185,063 in four years
Every financial year from 2022 to 2025 closed with a loss. 2022 was the heaviest.
Debts
€1.1m 87% of the balance sheet
Financial debts 14%Suppliers 1%Other 85%
Of this, €164,186 falls due within a year.
Liquidity
5.53 was 3.27 in 2024
Short-term debts fell from €342,251 to €164,186.
At the same address
322 companies
Position in the sector
-€34,316
Lower net result than 95% of companies in repair and installation of machinery. Sector median €14,986 · 1,799 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,424 companies had the same profile as ADVANCED SHIPBUILDING has now. Each dot stands for 4 companies, two years later.
96.5%
were still trading
2.2%
stopped another way
1.0%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 1,424 companies, not a prediction for ADVANCED SHIPBUILDING. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered-office move
General meeting of 27-04-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0823980554
Change of role: , from manager to director
Director discharge: (manager) · General meeting of 29-09-2023 · Gazette deed
First establishment
Luxemburgstraat 20, Temse
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ADVANCED SHIPBUILDING Temse | €1.2m | €34,063 | 13.0% | - |
| RINGVAART Schoten | €1.2m | €26,438 | 5.2% | - |
| Poseidon Gent VZW Ghent | €0.5m | €12,380 | 77.6% | - |
| WILLEM DE BOER Schoten | €0.7m | €23,698 | 92.1% | - |
| S.R.W. Bruges | €0.5m | €15,350 | 97.6% | 0 |
| HYDROSCAPH Namur | €0.4m | €69,454 | 96.7% | - |
| DIERCKX Mol | €0.9m | €148,102 | 62.8% | - |
These companies have the same main activity as ADVANCED SHIPBUILDING: repair, maintenance and installation of machinery and equipment (NACE 33150). They are comparable in size and age: total assets between €432,000 and €1.2m, founded between 1991 and 2009.
Official details
Source: KBO- Status
- Active since 10-03-2010Normal situation
- Registered office
- 323 active companies are registered at this address71 started in the 12 months before. Source: KBO register, as of 13 November 2026.
- Activity
- Repair, maintenance and installation of machinery and equipmentNACE 33150and 5 others
- Establishment unit
- 2.186.609.1379140 Temse, since 01-04-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 21-12-2025
Annual accounts 2025
- ≈ €140,000estimated
- €1.2m▼ 14.8%
- Filing
- Filed on 14-07-2026, 17 days before the end of the filing period
Insights on ADVANCED SHIPBUILDING
ADVANCED SHIPBUILDING files the micro format. That format states no turnover. The gross margin fell from €252,480 in 2019 to €34,063 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 ADVANCED SHIPBUILDING
- What is the company number of ADVANCED SHIPBUILDING?
- The company number of ADVANCED SHIPBUILDING is 0823.980.554. The VAT number is the same number with BE in front: BE 0823.980.554.
- Where is ADVANCED SHIPBUILDING based?
- The registered office is at Luxemburgstraat 20, 9140 Temse.Company details
- What does ADVANCED SHIPBUILDING do?
- According to the KBO register, the main activity is repair, maintenance and installation of machinery and equipment (NACE 33150).
- What is the legal form of ADVANCED SHIPBUILDING?
- ADVANCED SHIPBUILDING is a private limited company (BV).
- When was ADVANCED SHIPBUILDING founded?
- ADVANCED SHIPBUILDING was founded on 10-03-2010.
- Is ADVANCED SHIPBUILDING still active?
- Yes, ADVANCED SHIPBUILDING is an active enterprise in the KBO register.
- What is the turnover of ADVANCED SHIPBUILDING?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €34,063 and 2,935 comparable companies of the same size. It probably lies between €82,000 and €250,000. It is a rough estimate.Financials
- Is ADVANCED SHIPBUILDING profitable?
- In financial year 2025, ADVANCED SHIPBUILDING made a loss of €34,316.
- Where can I find the annual accounts of ADVANCED SHIPBUILDING?
- ADVANCED SHIPBUILDING filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ADVANCED SHIPBUILDING due?
- ADVANCED SHIPBUILDING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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