AmbaTec
ActiveSummary
AmbaTec has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.58M and a net result of €498k. Equity is growing by ~70.1% per year across the filed fiscal years. Its solvency ranks better than 78% of 1221 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability96▼-4
Solvency95▲+18
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity ample (current ratio 5.4 against 2.64 in 2023; short-term debt: 14.8% and cash: 19.5% of total assets), and 29.5% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← 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
70.5%
Return on assets
22.2%
Age of the figures
21 mo
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
on the day
2022
on the day
2021
1 d early
2020
1 d early
2019
62 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€1.58M▲ 45.8%
2023 · €1.09M
Total assets
€2.25M▲ 7.7%
2023 · €2.09M
Net result
€498k▼ 7.5%
2023 · €538k
Working capital
€1.46M▲ 37.5%
2023 · €1.06M
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€77k▲ 238%€126k▲ 64.5%€350k▲ 178%€738k▲ 111%€664k▼ 9.9%
Net result€68k▲ 267%€94k▲ 39.6%€278k▲ 195%€538k▲ 93.6%€498k▼ 7.5%
Equity€175k▲ 62.7%€270k▲ 53.8%€548k▲ 103%€1.09M▲ 98.3%€1.58M▲ 45.8%
Total assets€967k▲ 18.3%€1.09M▲ 12.6%€1.67M▲ 53.7%€2.09M▲ 24.7%€2.25M▲ 7.7%
Debt€791k▲ 11.6%€819k▲ 3.4%€1.12M▲ 37.4%€1.00M▼ 11.1%€663k▼ 33.7%
Working capital€156k▲ 100%€267k▲ 70.8%€521k▲ 94.9%€1.06M▲ 104%€1.46M▲ 37.5%
Staff (FTE)3.6▲ 56.5%5.7▲ 58.3%7.3▲ 28.1%8.8▲ 20.5%9.7▲ 10.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 10% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.25M
Fixed assets
€454k ▲ 20.1%
Current assets
€1.79M ▲ 5.0%
Equity and liabilities €2.25M
Equity
€1.58M ▲ 45.8%
Debt
€663k ▼ 33.7%
Debt's share of the balance-sheet total falls from 48.0% to 29.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€774k▼
2023 · €889k
Cash flow
€608k▼
2023 · €689k
Current ratio
5.40▲
2023 · 2.64
Quick ratio
2.33▲
2023 · 1.59
Debt to equity
0.42▼
2023 · 0.92
ROE
31.4%▼
2023 · 49.6%
ROA
22.2%▼
2023 · 25.8%
Interest coverage
41.01▲
2023 · 35.18
Debt ≤ 1 year
€332k▼
2023 · €646k
Debt > 1 year
€331k▼
2023 · €347k
Income taxes
€153k▼
2023 · €177k
Staff costs
€468k▲
2023 · €418k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €16k | - |
| Remuneration, social security and pensions62 | - | €214k | €304k | €418k | €468k | ▲ 12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €87k | €93k | €83k | €151k | €109k | ▼ 27.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €-5k | - | - | - |
| Other operating charges640/8 | - | €9k | €11k | €7k | €17k | ▲ 139% |
| Non-recurring operating charges66A | - | €970 | - | - | - | - |
| Gross operating margin9900 | €284k | €442k | €743k | €1.31M | €1.26M | ▼ 4.2% |
| Operating profit (loss)9901 | €77k | €126k | €350k | €738k | €664k | ▼ 9.9% |
| Financial income75/76B | - | €310 | €2k | €3k | €6k | ▲ 124% |
| Recurring financial income75 | €132 | €310 | €2k | €3k | €3k | ▲ 13.1% |
| Non-recurring financial income76B | - | - | - | - | €3k | - |
| Financial charges65/66B | - | €5k | €6k | €25k | €19k | ▼ 25.3% |
| Recurring financial charges65 | €5k | €5k | €6k | €25k | €19k | ▼ 25.3% |
| Profit (loss) for the period before taxes9903 | €72k | €121k | €345k | €715k | €651k | ▼ 8.9% |
| Income taxes67/77 | €4k | €27k | €67k | €177k | €153k | ▼ 13.2% |
| Profit (loss) for the period9904 | €68k | €94k | €278k | €538k | €498k | ▼ 7.5% |
| Profit (loss) for the period to be appropriated9905 | €68k | €94k | €278k | €538k | €498k | ▼ 7.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €967k | €1.09M | €1.67M | €2.09M | €2.25M | ▲ 7.7% |
| Fixed assets21/28 | €284k | €206k | €398k | €378k | €454k | ▲ 20.1% |
| Intangible fixed assets21 | €4k | €3k | €1k | - | - | - |
| Tangible fixed assets22/27 | €279k | €203k | €396k | €378k | €448k | ▲ 18.5% |
| Plant, machinery and equipment23 | - | €12k | €11k | €19k | €28k | ▲ 47.4% |
| Furniture and vehicles24 | - | €13k | €29k | €36k | €105k | ▲ 188% |
| Leasing and similar rights25 | - | €178k | €356k | €312k | €315k | ▲ 0.8% |
| Other tangible fixed assets26 | - | €390 | €287 | €185 | €82 | ▼ 55.6% |
| Assets under construction and advance payments27 | - | - | - | €10k | - | - |
| Financial fixed assets28 | - | - | - | - | €6k | - |
| Current assets29/58 | €683k | €883k | €1.27M | €1.71M | €1.79M | ▲ 5.0% |
| Stocks and contracts in progress3 | €169k | €391k | €486k | €680k | €1.02M | ▲ 50.1% |
| Stocks30/36 | - | €186k | €94k | €30k | €110k | ▲ 263% |
| Contracts in progress37 | - | €205k | €392k | €649k | €910k | ▲ 40.2% |
| Amounts receivable within one year40/41 | €188k | €197k | €299k | €139k | €331k | ▲ 138% |
| Trade receivables40 | - | €161k | €246k | €60k | €175k | ▲ 191% |
| Other amounts receivable41 | - | €36k | €53k | €79k | €156k | ▲ 97.2% |
| Cash at bank and in hand54/58 | €156k | €290k | €488k | €886k | €438k | ▼ 50.5% |
| Deferred charges and accrued income490/1 | - | €5k | €2k | €3k | €3k | ▲ 3.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €967k | €1.09M | €1.67M | €2.09M | €2.25M | ▲ 7.7% |
| Equity10/15 | €175k | €270k | €548k | €1.09M | €1.58M | ▲ 45.8% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €21k | €21k | €21k | €21k | €21k | = |
| Non-distributable reserves130/1 | - | €2k | - | - | - | - |
| Reserves not available under the articles1311 | - | €2k | - | - | - | - |
| Tax-exempt reserves132 | - | €19k | €19k | €19k | €19k | = |
| Distributable reserves133 | - | - | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €136k | €230k | €508k | €1.05M | €1.54M | ▲ 47.6% |
| Amounts payable17/49 | €791k | €819k | €1.12M | €1.00M | €663k | ▼ 33.7% |
| Amounts payable after more than one year17 | €264k | €203k | €365k | €347k | €331k | ▼ 4.5% |
| Financial debts170/4 | - | €203k | €365k | €347k | €331k | ▼ 4.5% |
| Amounts payable within one year42/48 | €527k | €615k | €754k | €646k | €332k | ▼ 48.6% |
| Current portion of amounts payable after more than one year42 | - | €61k | €88k | €99k | €102k | ▲ 3.7% |
| Trade debts44 | €141k | €191k | €327k | €150k | €101k | ▼ 32.7% |
| Suppliers440/4 | - | €191k | €327k | €150k | €101k | ▼ 32.7% |
| Taxes, remuneration and social security45 | - | €68k | €189k | €174k | €119k | ▼ 31.5% |
| Taxes450/3 | - | €23k | €125k | €98k | €17k | ▼ 83.1% |
| Remuneration and social security454/9 | - | €45k | €64k | €76k | €103k | ▲ 35.1% |
| Other amounts payable47/48 | - | €295k | €150k | €223k | €9k | ▼ 95.8% |
| Accrued charges and deferred income492/3 | - | - | €6k | €8k | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €68k | €94k | €278k | €538k | €498k | ▼ 7.5% |
| + Depreciation and write-downs630 | €87k | €93k | €83k | €151k | €109k | ▼ 27.6% |
| Operating cash flow (approximation) | €154k | €187k | €361k | €689k | €608k | ▼ 11.9% |
| Investment in fixed assets (approximation) | - | €-15k | €-275k | €-132k | €-185k | ▼ 40.6% |
| Change in cash | - | €134k | €198k | €398k | €-448k | ▼ 212% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 5.40
Current ratio from 2.64 to 5.40; short-term debt falls from €646k to €332k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €538k ▲93.6%
Operating result €738k, net result €538k, both a record.
31-12
Financial
Equity above €1MEq €1.09M ▲98.3%
6 profitable years in a row build equity to €1.09M.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €500kEq €548k ▲103%
5 profitable years in a row build equity to €548k.
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €200kEq €270k ▲53.8%
4 profitable years in a row build equity to €270k.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €150kEq €175k ▲62.7%
3 profitable years in a row build equity to €175k.
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 62 days late
Show earlier events
2019
31-12
Financial
Weakest financial yearnet €18k ▼81.2%
Net result drops to €18k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €108k ▲20.6%
2 profitable years in a row build equity to €108k.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 20 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Lokeren · 1 establishment unit since 2017
Ground area
1.1 ha
Building footprint
6,477 m²
Parcel 46384D0699/00H000, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
1 establishment unit
AmbaTec
since 20172.270.641.227
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46384D0699/00H000indicative | Flanders | 1.1 ha | 1 · 6,477 m² | 0.1 m |
Linked by address, not proof of ownership
Good to know
0 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
Recognised contractor
4 categoriesAmbaTec BV40365
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Of 3,983 companies in sector 25110 we hold annual accounts for 2,145. 1,139 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-10-2017
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
25120
25220
25510Coating of metals
Scores and ratios are computed by Checked and are not a credit decision.