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ATEC

Active
Public limited companyfounded 1989active for 37 yearsPaul Christiaenstraat 3, 9960 Assenede, BelgiumKBO/BCE: BE 0437.626.881
Summary

ATEC has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €129,236. Equity is growing by about 4.1% per year across the filed financial years. Its solvency ranks better than 18% of 816 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Activity
Manufacture of fabricated metal products, except machinery and equipment
NACE 25999Manufacture of metal structures and parts of structures NACE 25110
4th largest company by total assets in Assenede, Manufacturing sector2 sites
Size
€5.4mtotal assets 2025
Staff
21.6 FTE
Equity
€1.1m
Profit
€129,236
Net result -79%: other schema
Financial health
80 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Parent
ACTUM SERVICES · 100%
Accounts 25 days early0 of 15 deeds read
Why 80raises riskEquity €1.1m (20.6% of total assets)Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskLegal form: public limited companyFigures for financial year 2025 (filed 06-07-2026)Show the evidence

Checked score

Score 2025
80 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 38% of its sector peers (NACE 25, small)
Financial strength · tick = 2024
Average
Solvency 46-14
equity 20.6% of total assets
Liquidity 16-18
short-term debt 79.4% · cash 7.7%
Profitability 72-24
return on assets 2.4%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (748 companies, NACE 25, small)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.4%▲ +0.1 percentage points vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.2%▼ -0.3 percentage points vs 07-2025lowest value 09-2025: 0.2%● unchanged vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025lowest value 11-2025: 0.2%● unchanged vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025lowest value 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.3 percentage points vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026
Credit of up to €85,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.22, compared with 1.44 in 2024, below the usual 1.5; short-term debt: 79.4% and cash: 7.7% of total assets), and 79.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, small): better than 19% on solvency, 8% on liquidity, 51% on profitability and 73% on growth.

The bankruptcy probability was computed on 14-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Equity €1.1m (20.6% of total assets)
NBB · annual accounts
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
lowers risk · Legal form: public limited company
KBO
lowers risk · Figures for financial year 2025 (filed 06-07-2026)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 816 sector peers (2025).
NBB · sector comparison
Position among 816 sector peers
Solvency
better than 18%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
25 days early
2024
30 days early
2023
29 days early
2022
14 days early
2021
17 days early
2020
18 days early
2019
30 days 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 23 days before the deadline; the sector median (NACE 25) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
15-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Weakest financial yearnet €129,236 ▼79%
  3. Equity above €1mequity €1.1m ▲13%

Key points

  • Caution: Result fell in 2025different schema filed ▼ 79.0% View
  • Caution: Among the weakest 19% on solvencysector median 45.7% · 816 companies 20.6% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by ACTUM SERVICESultimately: MASC-INVEST 100% View
  • Positive: 7 profitable years in a rowprofit 2025: €129,236 7 years View

By topic

Financials

Financial year
2025
Total assets
€5.4m
Profit
€129,236
Solvency
20.6%
Turnover▲ 51.2%
Net result
20192022
Go to Financials

Timeline

Events
39
Since
1991
Next accounts
by 31-07-2027
  1. 01-07-2025Annual accounts filed
  2. 02-07-2024Annual accounts filed
  3. 17-07-2023Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Manufacture of fabricated metal products, except machinery and…NACE 25999
Founded
31-05-1989
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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