ALGEMENE ELEKTRICITEITSWERKEN KENTECH
Open bankruptcyA bankruptcy procedure is open for ALGEMENE ELEKTRICITEITSWERKEN KENTECH according to publications in the Belgian State Gazette; curator: CARL SCHREURS.
Summary
The 2024 annual accounts show equity of €37k and a net result of €772.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 19-02-2025, 19 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
19 d late
2023
on the day
2022
1 d late
2021
25 d late
2020
25 d late
2019
27 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€37k▲ 2.1%
2023 · €36k
2019: €-10k
2020: €3k
2021: €20k
2022: €26k
2023: €36k
2019 → 2024
Total assets
€154k▲ 61.5%
2023 · €96k
2019: €83k
2020: €50k
2021: €75k
2022: €93k
2023: €96k
2019 → 2024
Net result
€772▼ 92.1%
2023 · €10k
2019: €8k
2020: €13k
2021: €17k
2022: €7k
2023: €10k
2019 → 2024
Working capital
€32k▼ 47.5%
2023 · €62k
2019: €-13k
2020: €160
2021: €16k
2022: €41k
2023: €62k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€3k-€20k▲ 616%€26k▲ 32.7%€36k▲ 36.9%€37k▲ 2.1%
Operating result€16k-€27k▲ 68.8%€12k▼ 55.7%€19k▲ 58.8%€6k▼ 70.7%
Net result€13k-€17k▲ 31.9%€7k▼ 61.7%€10k▲ 50.0%€772▼ 92.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 71% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €154k
Fixed assets
€28k
Current assets
€126k
Equity and liabilities €154k
Equity
€37k ▲ 2.1%
Debt
€118k ▲ 97.6%
Debt's share of the balance-sheet total rises from 62.2% to 76.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€8k
Cash flow
€3k
Current ratio
1.35▼
2023 · 2.82
Quick ratio
0.56▼
2023 · 2.74
Debt to equity
3.18▲
2023 · 1.64
ROE
2.1%▼
2023 · 27.0%
ROA
0.5%▼
2023 · 10.2%
Interest coverage
2.75
Debt ≤ 1 year
€94k▲
2023 · €34k
Debt > 1 year
€24k▲
2023 · €9k
Income taxes
€2k▼
2023 · €5k
Staff costs
€36k▼
2023 · €46k
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 · 52 lines
Balance sheet
Code20232024
Assets
Total assets20/58€96k€154k▲
Fixed assets21/28-€28k
Tangible fixed assets22/27-€28k
Furniture and vehicles24-€28k
Current assets29/58€96k€126k▲
Stocks and contracts in progress3€3k€74k▲
Stocks30/36€3k€28k▲
Contracts in progress37€0€46k▲
Amounts receivable within one year40/41€57k€42k▼
Trade receivables40€51k€33k▼
Other amounts receivable41€6k€9k▲
Cash at bank and in hand54/58€34k€10k▼
Deferred charges and accrued income490/1€2k€511▼
Equity and liabilities
Total equity and liabilities10/49€96k€154k▲
Equity10/15€36k€37k▲
Contributions10/11€19k€19k=
Reserves13€18k€18k▲
Non-distributable reserves130/1€585€585=
Reserves not available under the articles1311€585€585=
Distributable reserves133€17k€18k▲
Amounts payable17/49€59k€118k▲
Amounts payable after more than one year17€9k€24k▲
Financial debts170/4€9k€24k▲
Amounts payable within one year42/48€34k€94k▲
Current portion of amounts payable after more than one year42€5k€10k▲
Financial debts43-€20k
Credit institutions430/8-€20k
Trade debts44€6k€51k▲
Suppliers440/4€6k€51k▲
Taxes, remuneration and social security45€7k€9k▲
Taxes450/3€4k€5k▲
Remuneration and social security454/9€3k€4k▲
Other amounts payable47/48€16k€4k▼
Accrued charges and deferred income492/3€16k€150▼
Income statement
Code20232024
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€46k€36k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2k
Other operating charges640/8€1k€2k▲
Gross operating margin9900€65k€46k▼
Operating profit (loss)9901€19k€6k▼
Financial income75/76B€0€46▲
Recurring financial income75€0€46▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€14k€3k▼
Income taxes67/77€5k€2k▼
Profit (loss) for the period9904€10k€772▼
Profit (loss) for the period to be appropriated9905€10k€772▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€772▼
Transfer to equity691/2€10k€772▼
To the legal reserve6920€10k€0▼
To other reserves6921-€772
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · ALGEMENE ELEKTRICITEITS- WERKEN KENTECH BV KORTENBOSSTRAAT 22, 3800 SINT- TRUIDEN · event 23-10-2025
19-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
30-06
Financial
Weakest financial yearnet €772 ▼92.1%
Net result drops to €772, the lowest in the series.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
25-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
30-06
Financial
Highest result since 2019net €17k ▲31.9%
Operating result €27k, net result €17k, both a record.
25-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 25 days late
2020
27-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 26 days late
2017
24-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
2016
26-02
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 26 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Sint-Truiden · 1 establishment unit since 2011
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.
Kortenbosstraat 223800 Sint-TruidenGround area
1,487 m²
Building footprint
149 m²
Volume, LiDAR
886 m³
Parcel 71352B0509/00E002, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kentech BVBA / KenTrans
since 20112.196.854.614
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71352B0509/00E002 | Flanders | 1,487 m² | 1 · 149 m² | 9.1 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CARL SCHREURS PASTOOR RAEYMAEKERS-
STRAAT 25, 3600 GENK |
23-10-2025 → present |
Similar companies · same sector, comparable size
TEAM LOGISTIQUE
BE 0786.491.737
Dilbeek · Eq €36,970
Global Super Cargo
BE 0776.895.665
Wemmel · Eq €37,208
4 FOIS
BE 0800.735.097
Sint-Gillis (bij-Brussel) · Eq €37,331
ADHAM COMPANY
BE 0749.590.759
Antwerpen · Eq €37,845
NG LOGISTICS
BE 0777.617.326
Anderlecht · Eq €35,887
Of 430 companies in sector 53100 we hold annual accounts for 127. 107 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
Founded09-02-2011
Fiscal year end30-06
Abbreviation NL
A.E.W.K.
Activities, NACEBEL 2025
53100Postal and courier activities
43211General electrical installation work
53200Other postal and courier activities
95100Repair and maintenance of computers and communication equipment
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
95220Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.