AL AUTOMATION ENGINEERING
ActiveSummary
AL AUTOMATION ENGINEERING has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €239k and a net result of €93k. Equity is growing by ~58.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 4354 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 32.28 against 27.08 in 2023; short-term debt: 2.8% and cash: 22% of total assets), and 2.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 2024Solvency, return and age of the figures
Solvency
97.2%
Return on assets
37.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
37 d early
2022
19 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€239k▲ 63.6%
2023 · €146k
2022: €68k
2023: €146k
2022 → 2024
Total assets
€246k▲ 62.5%
2023 · €152k
2022: €79k
2023: €152k
2022 → 2024
Net result
€93k▲ 18.3%
2023 · €79k
2022: €60k
2023: €79k
2022 → 2024
Working capital
€214k▲ 57.3%
2023 · €136k
2022: €74k
2023: €136k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€68k-€146k▲ 116%€239k▲ 63.6%
Operating result€76k-€99k▲ 30.3%€125k▲ 25.3%
Net result€60k-€79k▲ 31.0%€93k▲ 18.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 25% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €246k
Fixed assets
€26k ▲ 147%
Current assets
€221k ▲ 56.3%
Equity and liabilities €246k
Equity
€239k ▲ 63.6%
Debt
€7k ▲ 30.9%
Debt's share of the balance-sheet total falls from 3.5% to 2.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€134k▲
2023 · €102k
Cash flow
€102k▲
2023 · €82k
Current ratio
32.28▲
2023 · 27.08
Debt to equity
0.03▼
2023 · 0.04
ROE
38.9%▼
2023 · 53.8%
ROA
37.8%▼
2023 · 51.9%
Interest coverage
616.39▲
2023 · 166.21
Debt ≤ 1 year
€7k▲
2023 · €5k
Income taxes
€31k▲
2023 · €20k
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 · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€152k€246k▲
Fixed assets21/28€10k€26k▲
Tangible fixed assets22/27€10k€26k▲
Plant, machinery and equipment23€6k€4k▼
Furniture and vehicles24€4k€22k▲
Current assets29/58€141k€221k▲
Amounts receivable within one year40/41€48k€30k▼
Trade receivables40€47k€30k▼
Other amounts receivable41€543€313▼
Current investments50/53€10€135k▲
Cash at bank and in hand54/58€93k€54k▼
Deferred charges and accrued income490/1€590€1k▲
Equity and liabilities
Total equity and liabilities10/49€152k€246k▲
Equity10/15€146k€239k▲
Contributions10/11€8k€8k=
Reserves13€139k€232k▲
Distributable reserves133€139k€232k▲
Amounts payable17/49€5k€7k▲
Amounts payable within one year42/48€5k€7k▲
Trade debts44€592€871▲
Suppliers440/4€592€871▲
Taxes, remuneration and social security45€5k€6k▲
Taxes450/3€5k€6k▲
Accrued charges and deferred income492/3€41€45▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€9k▲
Other operating charges640/8€269€922▲
Non-recurring operating charges66A-€367
Gross operating margin9900€103k€135k▲
Operating profit (loss)9901€99k€125k▲
Financial income75/76B€21€26▲
Recurring financial income75€21€26▲
Financial charges65/66B€615€217▼
Recurring financial charges65€615€217▼
Profit (loss) for the period before taxes9903€99k€124k▲
Income taxes67/77€20k€31k▲
Profit (loss) for the period9904€79k€93k▲
Profit (loss) for the period to be appropriated9905€79k€93k▲
Appropriation of the result
Profit (loss) to be appropriated9906€79k€93k▲
Transfer to equity691/2€79k€93k▲
To other reserves6921€79k€93k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €93k ▲18.3%
Operating result €125k, net result €93k, both a record.
31-12
Financial
Equity above €200kEq €239k ▲63.6%
3 profitable years in a row build equity to €239k.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €146k ▲116%
2 profitable years in a row build equity to €146k.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Wortegem-Petegem · 1 establishment unit since 2021
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.
Rozenhof (P.) 49790 Wortegem-PetegemGround area
551 m²
Building footprint
113 m²
Volume, LiDAR
594 m³
Parcel 45039B0190/00H000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AL AUTOMATION ENGINEERING
since 20212.323.726.555
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45039B0190/00H000 | Flanders | 551 m² | 1 · 113 m² | 8.4 m · 2 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.
Recognitions · licences · registrations
Legal Entity Identifier
875500AO2574Q8S01I87
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Of 4,567 companies in sector 74999 we hold annual accounts for 1,938. 1,428 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
Founded28-10-2021
Fiscal year end31-12
Activities, NACEBEL 2025
74999Other professional, scientific and technical activities
43211General electrical installation work
43212Electrical installation work in industrial facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.