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ADVITEC

Active Private limited companyfounded 1989active for 37 yearsRonselestraat 12, 9932 LievegemKBO/BCE: BE 0437.891.157 #6 oldest company in Lievegem, Professional and technical services sector

Lifetime

20 annual accounts with figures on one time axis, 36 filings since 1990
peak €38,108 (2024)
€35,823▼ 6.0%
lowest -€3,665 (2023)
€19,700▼ 16.5%
peak €96,282 (2025)
€96,282▲ 25.7%
€19,702▼ 2.1%
Board2 names since 2021
1 director
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Equity from €76,582 to €96,282Cash from €15,319 to €38,765

Key points

from the 2025 annual accounts

Turnover

≈ €110,000 estimated

The accounts state no turnover.

Filings

36 annual accounts since 1990
AprilJune31 JulyOctober1990200020102020

Two of the last ten came late. The 2022 accounts came latest: 16 days after the end of the period.

Position in the sector

83.0%

Higher solvency than 82% of companies in architecture and engineering. Sector median 53.9% · 11,794 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,356 companies had the same profile as ADVITEC has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 31,356 companies, not a prediction for ADVITEC. 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

Board and ownership

Director, since 18-07-2022
  • all the sharesdeed of 26-10-2023
Board & ownership

Recent changes

2 directors appointed, 1 resignation Resignation: (director) · Appointments: (director) and (successor director) · “Het ontwerpen, ontwikkelen en beheer van maatsoftware; De hosting van webtoepassingen; Groot en kleinhandel…” (deed in Dutch) · General meeting of 23-10-2023 · Gazette deed
First establishment Ronselestraat 12, Lievegem
Incorporation published on 15-08-1989 · Gazette deed
All 47 events

Comparable companies

same main activity, similar in size and age
Company
ADVITEC Lievegem €115,983 €35,823 83.0% -
B.E. POLIART Lens (Hainaut) €119,830 €35,678 87.9% -
INTERCORP Edegem €135,224 €35,043 86.7% 0
LE BUREAU D'EXPERTISES CLAUDE Gesves €117,657 €30,737 67.9% -
Falcon et Co Uccle €129,311 €36,045 81.7% -
MICOD La Louvière €90,579 €37,955 82.8% -
GRAPHIC DEVELOPMENT Berlaar €109,885 €30,649 71.1% -

These companies have the same main activity as ADVITEC: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €90,600 and €135,000, founded between 1989 and 1995.

Official details

Source: KBO
Status
Active since 29-07-1989Normal situation
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121
Establishment unit
2.099.129.3899932 Lievegem, since 10-07-2002
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€115,983▲ 19.9%
Filing
Filed on 30-06-2026, 31 days before the end of the filing period
Financials

Insights on ADVITEC

ADVITEC files the micro format. That format states no turnover. The gross margin rose from €1,628 in 2006 to €35,823 in 2025.

The balance sheet grew most from 2020 to 2022 through fixed assets.

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 ADVITEC

What is the company number of ADVITEC?
The company number of ADVITEC is 0437.891.157. The VAT number is the same number with BE in front: BE 0437.891.157.
Where is ADVITEC based?
The registered office is at Ronselestraat 12, 9932 Lievegem.Company details
What does ADVITEC do?
According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
What is the legal form of ADVITEC?
ADVITEC is a private limited company (BV).
When was ADVITEC founded?
ADVITEC was founded on 29-07-1989.
Is ADVITEC still active?
Yes, ADVITEC is an active enterprise in the KBO register.
What is the turnover of ADVITEC?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €35,823 and 32 comparable companies (NACE 71121). It probably lies between €71,000 and €150,000.Financials
Is ADVITEC profitable?
In financial year 2025, ADVITEC made a profit of €19,700.
Where can I find the annual accounts of ADVITEC?
ADVITEC filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ADVITEC due?
ADVITEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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