ASTRATEC
ActiveSummary
ASTRATEC has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €370,071 and a net result of €39,293. Equity is growing by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 49% of 409 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75=
Solvency71=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 1.61 against 1.81 in 2024; short-term debt: 38.6% and cash: 24.5% of total assets), but 54.1% 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○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
45.9%
Return on assets
4.9%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 07-04-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
16 d early
2023
22 d early
2022
38 d early
2021
31 d early
2020
31 d early
2019
42 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 29 days before the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€370,071▲ 11.9%
2024 · €330,779
Total assets
€806,209▲ 12.5%
2024 · €716,913
Net result
€39,293▲ 18.3%
2024 · €33,216
Working capital
€188,531▲ 3.9%
2024 · €181,533
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€19,273▼ 7.4%€69,040▲ 258%€71,539▲ 3.6%€47,922▼ 33.0%€63,563▲ 32.6%
Net result€3,677below the sector's middle half▼ 49.6%€35,624within the sector's middle half▲ 869%€45,190within the sector's middle half▲ 26.9%€33,216within the sector's middle half▼ 26.5%€39,293within the sector's middle half▲ 18.3%
Equity€216,748below the sector's middle half▲ 1.7%€252,372within the sector's middle half▲ 16.4%€297,562within the sector's middle half▲ 17.9%€330,779within the sector's middle half▲ 11.2%€370,071within the sector's middle half▲ 11.9%
Total assets€545,411below the sector's middle half▲ 5.3%€793,236within the sector's middle half▲ 45.4%€820,645within the sector's middle half▲ 3.5%€716,913below the sector's middle half▼ 12.6%€806,209within the sector's middle half▲ 12.5%
Debt€328,663▲ 7.8%€540,864▲ 64.6%€523,083▼ 3.3%€386,135▼ 26.2%€436,138▲ 12.9%
Working capital€146,540within the sector's middle half▲ 307%€438,480within the sector's middle half▲ 199%€349,043within the sector's middle half▼ 20.4%€181,533within the sector's middle half▼ 48.0%€188,531within the sector's middle half▲ 3.9%
Solvency39.7%within the sector's middle half▼ 1.4pp31.8%within the sector's middle half▼ 7.9pp36.3%within the sector's middle half▲ 4.4pp46.1%within the sector's middle half▲ 9.9pp45.9%within the sector's middle half▼ 0.2pp
Current ratio2.17within the sector's middle half▲ 0.945.38above the sector's middle half▲ 3.212.48within the sector's middle half▼ 2.901.81within the sector's middle half▼ 0.681.61within the sector's middle half▼ 0.20
Return on assets (ROA)0.7%below the sector's middle half▼ 0.7pp4.5%within the sector's middle half▲ 3.8pp5.5%within the sector's middle half▲ 1.0pp4.6%within the sector's middle half▼ 0.9pp4.9%within the sector's middle half▲ 0.2pp
Staff (FTE)6.8within the sector's middle half▼ 6.8%5.8within the sector's middle half▼ 14.7%5.4within the sector's middle half▼ 6.9%6.6within the sector's middle half▲ 22.2%7.3within the sector's middle half▲ 10.6%
above
within
below
the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 33% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €806,209
Fixed assets
€306,702 ▼ 1.0%
Current assets
€499,507 ▲ 22.7%
Equity and liabilities €806,209
Equity
€370,071 ▲ 11.9%
Debt
€436,138 ▲ 12.9%
Debt's share of the balance-sheet total rises from 53.9% to 54.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€133,097▲
2024 · €95,909
Cash flow
€108,827▲
2024 · €81,204
Quick ratio
1.05▼
2024 · 1.45
Debt to equity
1.18▲
2024 · 1.17
ROE
10.6%▲
2024 · 10.0%
Interest coverage
14.36▼
2024 · 17.02
Debt ≤ 1 year
€310,976▲
2024 · €225,445
Debt > 1 year
€53,662▼
2024 · €65,954
Income taxes
€15,037▼
2024 · €20,360
Staff costs
€506,303▲
2024 · €420,094
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,027 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €346,447 | €363,658 | €420,094 | €506,303 | ▲ 20.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €71,115 | €62,444 | €39,506 | €47,987 | €69,535 | ▲ 44.9% |
| Other operating charges640/8 | - | €9,490 | €9,111 | €10,321 | €9,441 | ▼ 8.5% |
| Gross operating margin9900 | €459,525 | €487,421 | €483,815 | €526,324 | €648,842 | ▲ 23.3% |
| Operating profit (loss)9901 | €19,273 | €69,040 | €71,539 | €47,922 | €63,563 | ▲ 32.6% |
| Financial income75/76B | - | - | €224 | €11,290 | €38 | ▼ 99.7% |
| Recurring financial income75 | - | - | €224 | €11,290 | €38 | ▼ 99.7% |
| Financial charges65/66B | - | €6,439 | €4,633 | €5,635 | €9,271 | ▲ 64.5% |
| Recurring financial charges65 | €6,144 | €6,439 | €4,633 | €5,635 | €9,271 | ▲ 64.5% |
| Profit (loss) for the period before taxes9903 | €13,129 | €62,600 | €67,130 | €53,577 | €54,330 | ▲ 1.4% |
| Income taxes67/77 | €9,453 | €26,976 | €21,940 | €20,360 | €15,037 | ▼ 26.1% |
| Profit (loss) for the period9904 | €3,677 | €35,624 | €45,190 | €33,216 | €39,293 | ▲ 18.3% |
| Profit (loss) for the period to be appropriated9905 | €3,677 | €35,624 | €45,190 | €33,216 | €39,293 | ▲ 18.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €545,411 | €793,236 | €820,645 | €716,913 | €806,209 | ▲ 12.5% |
| Fixed assets21/28 | €274,060 | €254,701 | €236,069 | €309,936 | €306,702 | ▼ 1.0% |
| Tangible fixed assets22/27 | €273,850 | €254,490 | €235,858 | €309,726 | €306,492 | ▼ 1.0% |
| Land and buildings22 | - | €178,736 | €159,366 | €186,644 | €176,348 | ▼ 5.5% |
| Plant, machinery and equipment23 | - | €73,806 | €75,365 | €59,485 | €76,818 | ▲ 29.1% |
| Furniture and vehicles24 | - | €1,948 | €1,128 | €63,597 | €53,325 | ▼ 16.2% |
| Financial fixed assets28 | €211 | €211 | €211 | €211 | €211 | = |
| Current assets29/58 | €271,351 | €538,535 | €584,576 | €406,977 | €499,507 | ▲ 22.7% |
| Stocks and contracts in progress3 | €42,080 | €305,180 | €295,117 | €79,444 | €171,767 | ▲ 116% |
| Stocks30/36 | - | €46,288 | €50,917 | €61,454 | €65,027 | ▲ 5.8% |
| Contracts in progress37 | - | €258,892 | €244,200 | €17,990 | €106,740 | ▲ 493% |
| Amounts receivable within one year40/41 | €53,775 | €129,910 | €141,592 | €193,035 | €124,248 | ▼ 35.6% |
| Trade receivables40 | - | €122,324 | €131,695 | €173,395 | €124,248 | ▼ 28.3% |
| Other amounts receivable41 | - | €7,587 | €9,897 | €19,640 | - | - |
| Cash at bank and in hand54/58 | €83,196 | €103,444 | €146,409 | €128,778 | €197,671 | ▲ 53.5% |
| Deferred charges and accrued income490/1 | - | - | €1,458 | €5,720 | €5,822 | ▲ 1.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €545,411 | €793,236 | €820,645 | €716,913 | €806,209 | ▲ 12.5% |
| Equity10/15 | €216,748 | €252,372 | €297,562 | €330,779 | €370,071 | ▲ 11.9% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €210,548 | €246,172 | €291,362 | €324,579 | €363,871 | ▲ 12.1% |
| Non-distributable reserves130/1 | - | €1,859 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,859 | - | - | - | - |
| Tax-exempt reserves132 | - | €9,207 | €9,207 | €9,207 | €9,207 | = |
| Distributable reserves133 | - | €235,106 | €282,155 | €315,372 | €354,664 | ▲ 12.5% |
| Amounts payable17/49 | €328,663 | €540,864 | €523,083 | €386,135 | €436,138 | ▲ 12.9% |
| Amounts payable after more than one year17 | €105,250 | €76,250 | €61,250 | €65,954 | €53,662 | ▼ 18.6% |
| Financial debts170/4 | - | €76,250 | €61,250 | €65,954 | €53,662 | ▼ 18.6% |
| Amounts payable within one year42/48 | €124,811 | €100,054 | €235,533 | €225,445 | €310,976 | ▲ 37.9% |
| Current portion of amounts payable after more than one year42 | - | €29,000 | €15,000 | €25,670 | €43,637 | ▲ 70.0% |
| Trade debts44 | €28,896 | €4,500 | €144,155 | €74,561 | €110,072 | ▲ 47.6% |
| Suppliers440/4 | - | €4,500 | €144,155 | €74,561 | €110,072 | ▲ 47.6% |
| Taxes, remuneration and social security45 | - | €52,108 | €61,579 | €75,887 | €103,723 | ▲ 36.7% |
| Taxes450/3 | - | €19,567 | €22,662 | €25,880 | €48,349 | ▲ 86.8% |
| Remuneration and social security454/9 | - | €32,542 | €38,917 | €50,007 | €55,374 | ▲ 10.7% |
| Other amounts payable47/48 | - | €14,446 | €14,800 | €49,327 | €53,545 | ▲ 8.6% |
| Accrued charges and deferred income492/3 | - | €364,559 | €226,300 | €94,736 | €71,500 | ▼ 24.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,677 | €35,624 | €45,190 | €33,216 | €39,293 | ▲ 18.3% |
| + Depreciation and write-downs630 | €71,115 | €62,444 | €39,506 | €47,987 | €69,535 | ▲ 44.9% |
| Operating cash flow (approximation) | €74,792 | €98,068 | €84,696 | €81,204 | €108,827 | ▲ 34.0% |
| Investment in fixed assets (approximation) | - | -€43,084 | -€20,874 | -€121,854 | -€66,301 | ▲ 45.6% |
| Change in cash | - | €20,248 | €42,964 | -€17,630 | €68,892 | ▲ 491% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
14-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
08-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Highest result since 2018net €45,190 ▲26.9%
Operating result €71,539, net result €45,190, both a record.
23-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Liquidity doublescurrent ratio 5.38
Current ratio from 2.17 to 5.38; short-term debt falls from €124,811 to €100,054.
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Weakest financial yearnet €3,677 ▼49.6%
Net result drops to €3,677, the lowest in the series; recovery starts the following year.
30-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
19-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Equity above €200,000Eq €205,780 ▲21.3%
2 profitable years in a row build equity to €205,780.
18-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
25-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Lichtervelde · 1 establishment unit since 1995
Ground area
2,254 m²
Building footprint
1,039 m²
Volume, LiDAR
3,803 m³
Parcel 36011E0511/00H000, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ASTRA-TEC
since 19952.072.060.451
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36011E0511/00H000 | Flanders | 2,254 m² | 1 · 1,039 m² | 7.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 673 EUR awarded · 673 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 239 EUR | 239 EUR |
| 2023 | 1 | 336 EUR | 336 EUR |
| 2022 | 1 | 98 EUR | 98 EUR |
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Of 346 companies in sector 28990 we hold annual accounts for 278. 197 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
Founded11-05-1995
Fiscal year end30-09
Activities, NACEBEL 2025
28990Manufacture of machinery and equipment not elsewhere classified
33200Installation of industrial machinery and equipment
46643Wholesale of electrical equipment, including installation materials
Contact
Website
www.astratec.be
E-mail
astratec@astratec.be
Phone
051722446
Fax
051726703
E-mail
boekhouding@astratec.beLichtervelde
E-invoicing
Reachable via Peppol
Peppol ID
0208:0455138549
Also
9925:BE0455138549
Registered
28-10-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.