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ASTREA TECHNOLOGY

Active
Public limited companyfounded 201115 yrs activeRue Fond de Bousalle 14 A, 5300 Andenne, BelgiumKBO/BCE: BE 0834.068.851

ASTREA TECHNOLOGY has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €870k and a net result of €451k. Equity is growing by ~21% per year across the filed fiscal years. Its solvency ranks better than 80% of 638 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
92 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+6
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 6.66 against 32.99 in 2023; short-term debt: 13.6% and cash: 28% of total assets), and 13.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 72
Relative position
BE, all sectors
reference
Sector 72
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 15 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
86.4%
Return on assets
44.7%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 22-07-2025, 9 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
9 d early
2023
34 d early
2022
56 d early
2021
52 d early
2020
52 d early
2019
30 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover
€29k
EBIT margin
-276.1%
Net result
€451k▲ 359%
2023 · €98k
2018: €-38k 2019: €-5k 2020: €-18k 2021: €132k 2022: €143k 2023: €98k
2018 → 2024
Working capital
€778k▲ 137%
2023 · €329k
2018: €86k 2019: €46k 2020: €21k 2021: €89k 2022: €232k 2023: €329k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€234k-€319k▲ 36.4%€415k▲ 30.2%€467k▲ 12.3%€870k▲ 86.5%
Operating result€-64k-€87k€96k▲ 11.1%€50k▼ 47.6%€444k▲ 780%
Net result€-18k-€132k€143k▲ 8.5%€98k▼ 31.5%€451k▲ 359%
Result per fiscal year
Operating resultNet result
€-200k€0€200k€400kOperating result 2020: €-64k€-64kNet result 2020: €-18k€-18kOperating result 2021: €87k€87kNet result 2021: €132k€132kOperating result 2022: €96k€96kNet result 2022: €143k€143kOperating result 2023: €50k€50kNet result 2023: €98k€98kOperating result 2024: €444k€444kNet result 2024: €451k€451k20202021202220232024
The operating result recovers in 2024; 2024 is 780% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.01M
Fixed assets €92k▼ 33.1%
Current assets €916k▲ 170%
Equity and liabilities €1.01M
Equity €870k▲ 86.5%
Debt €137k▲ 1,238%
The debt ratio rises from 2.2% to 13.6%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€490k
2023 · €96k
Cash flow
€496k
2023 · €144k
Solvency
86.4%
2023 · 97.8%
Current ratio
6.66
2023 · 32.99
Quick ratio
6.66
2023 · 32.99
Debt / equity
0.16
2023 · 0.02
ROE
51.8%
2023 · 21.0%
ROA
44.7%
2023 · 20.6%
Interest coverage
3574.34
2023 · 1659.72
Debt
€137k
2023 · €10k
Debt ≤ 1 year
€137k
2023 · €10k
Income taxes
€45k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€477k€1.01M
Fixed assets21/28€138k€92k
Intangible fixed assets21€138k€92k
Current assets29/58€339k€916k
Amounts receivable after more than one year29€6k€6k=
Other amounts receivable291€6k€6k=
Amounts receivable within one year40/41€20k€323k
Trade receivables40€19k€322k
Other amounts receivable41€649€256
Current investments50/53-€300k
Cash at bank and in hand54/58€313k€283k
Deferred charges and accrued income490/1-€4k
Equity and liabilities
Total equity and liabilities10/49€477k€1.01M
Equity10/15€467k€870k
Contributions10/11€187k€187k=
Capital10€187k€187k=
Issued capital100€187k€187k=
Reserves13-€451k
Distributable reserves133-€451k
Profit (loss) carried forward14€140k€140k=
Investment grants15€140k€94k
Amounts payable17/49€10k€137k
Amounts payable within one year42/48€10k€137k
Trade debts44€3k€2k
Suppliers440/4€3k€2k
Taxes, remuneration and social security45€6k€135k
Taxes450/3€6k€135k
Other amounts payable47/48€607€607=
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€46k
Other operating charges640/8€397€387
Gross operating margin9900€97k€490k
Operating profit (loss)9901€50k€444k
Financial income75/76B€48k€52k
Recurring financial income75€48k€52k
Financial charges65/66B€58€137
Recurring financial charges65€58€137
Profit (loss) for the period before taxes9903€98k€496k
Income taxes67/77-€45k
Profit (loss) for the period9904€98k€451k
Profit (loss) for the period to be appropriated9905€98k€451k
Appropriation of the result
Profit (loss) to be appropriated9906€140k€590k
Profit (loss) brought forward from the previous period14P€42k€140k
Transfer to equity691/2-€451k
To other reserves6921-€451k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
22-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €451k ▲359%
Operating result €444k, net result €451k, both a record.
31-12
Financial Equity above €500kEq €870k ▲86.5%
4 profitable years in a row build equity to €870k.
27-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
05-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Liquidity doublescurrent ratio 18.20
Current ratio from 8.43 to 18.20.
09-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €132k
Net result €132k after 3 loss-making years.
31-12
Financial Liquidity times 6current ratio 8.43
Current ratio from 1.42 to 8.43; short-term debt falls from €51k to €12k.
09-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 30 days late
2019
09-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
12-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
01-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 1 day late
2016
13-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
10 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, Andenne · 1 establishment unit since 2011
establishment The establishment unit on the map
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.

Rue Fond de Bousalle 14 A5300 Andenne
Ground area
945 m²
Building footprint
115 m²
Parcel 92003B0239/00H000, Wallonia. Linked by address, not a title deed.
1 establishment unit
ASTREA TECHNOLOGY
Rue Fond de Bousalle 14A, 5300 AndenneSewerage
since 20112.196.486.410
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92003B0239/00H000 Wallonia 945 m² 1 · 115 m² -
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.

Similar companies · same sector, comparable size

Of 760 companies in sector 72101 we hold annual accounts for 481. 308 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded25-02-2011
Fiscal year end31-12
Activities, NACEBEL
72101Research and development on biotechnology
37000Sewerage
38210Materials recovery from waste
38211Waste collection, recovery and disposal activities
38212Waste collection, recovery and disposal activities
38221Waste collection, recovery and disposal activities
38222Waste collection, recovery and disposal activities
38230Waste collection, recovery and disposal activities
38320Waste collection, recovery and disposal activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.