ATS RAUW
ActiveATS RAUW has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.08M and a net result of €1.09M. Equity is growing by ~22% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+4
Solvency76▲+8
Growth75▼-6
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €310k at 30 days acceptable
Liquidity ample (current ratio 1.82 against 1.46 in 2024; short-term debt: 35.2% and cash: 19.9% of total assets), and 49% 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 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
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
Sector 25
higher
← 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 2025Solvency, return and age of the figures
Solvency
51%
Return on assets
13.6%
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 08-04-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
14 d early
2023
33 d early
2022
30 d early
2021
4 d early
2020
32 d early
2019
31 d early
← before the deadline
after the deadline →
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
18-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, unclassified schema
Turnover
€14.88M▼ 10.0%
2024 · €16.54M
2019: €7.86M
2020: €8.25M
2021: €9.47M
2022: €10.49M
2024: €16.54M
2019 → 2025
EBIT margin
9.4%▲ 2.1pp
2024 · 7.3%
2019: 4.2%
2020: 5.9%
2021: 3.1%
2022: 3.1%
2024: 7.3%
2019 → 2025
Net result
€1.09M▲ 9.0%
2024 · €1.00M
2018: €204k
2019: €290k
2020: €462k
2021: €250k
2022: €287k
2023: €391k
2024: €1.00M
2018 → 2025
Working capital
€2.30M▲ 63.3%
2024 · €1.41M
2018: €302k
2019: €526k
2020: €856k
2021: €788k
2022: €756k
2023: €1.04M
2024: €1.41M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€9.47M-€10.49M▲ 10.7%€16.54M€14.88M▼ 10.0%
Equity€1.85M-€2.16M▲ 16.6%€2.44M▲ 13.2%€3.26M▲ 33.4%€4.08M▲ 25.3%
Operating result€298k-€329k▲ 10.5%€503k▲ 52.8%€1.21M▲ 141%€1.40M▲ 15.9%
Net result€250k-€287k▲ 14.9%€391k▲ 36.4%€1.00M▲ 156%€1.09M▲ 9.0%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 16% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.01M
Fixed assets
€2.89M▼ 8.1%
Current assets
€5.12M▲ 14.9%
Equity and liabilities €8.01M
Equity
€4.08M▲ 25.3%
Provisions
€259k=
Debt
€3.66M▼ 10.2%
The debt ratio falls from 53.7% to 45.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.94M▲
2024 · €1.73M
Cash flow
€1.63M▲
2024 · €1.52M
Solvency
51.0%▲
2024 · 42.9%
Current ratio
1.82▲
2024 · 1.46
Quick ratio
1.19▲
2024 · 0.87
Debt / equity
0.90▼
2024 · 1.25
ROE
26.7%▼
2024 · 30.7%
ROA
13.6%▲
2024 · 13.2%
Interest coverage
63.75▼
2024 · 68.62
Debt
€3.66M▼
2024 · €4.08M
Debt ≤ 1 year
€2.82M▼
2024 · €3.05M
Debt > 1 year
€844k▼
2024 · €1.03M
Income taxes
€306k▲
2024 · €256k
Staff costs
€2.06M▲
2024 · €2.03M
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€7.60M€8.01M▲
Formation expenses20€0€0=
Fixed assets21/28€3.14M€2.89M▼
Intangible fixed assets21€14k€7k▼
Tangible fixed assets22/27€3.12M€2.87M▼
Land and buildings22€1.49M€1.38M▼
Plant, machinery and equipment23€1.30M€1.30M▼
Furniture and vehicles24€329k€191k▼
Financial fixed assets28€12k€15k▲
Companies linked by participating interests282/3€7k€7k=
Participating interests282€7k€7k=
Other financial fixed assets284/8€4k€7k▲
Amounts receivable and cash guarantees285/8€4k€7k▲
Current assets29/58€4.45M€5.12M▲
Stocks and contracts in progress3€1.79M€1.76M▼
Stocks30/36€1.79M€1.76M▼
Goods purchased for resale34€1.79M€1.76M▼
Amounts receivable within one year40/41€2.10M€1.73M▼
Trade receivables40€2.10M€1.72M▼
Other amounts receivable41€1k€15k▲
Current investments50/53€0-
Other investments51/53€0-
Cash at bank and in hand54/58€537k€1.59M▲
Deferred charges and accrued income490/1€28k€35k▲
Equity and liabilities
Total equity and liabilities10/49€7.60M€8.01M▲
Equity10/15€3.26M€4.08M▲
Contributions10/11€100k€110k▲
Reserves13€221k€211k▼
Non-distributable reserves130/1€10k€0▼
Reserves not available under the articles1311€10k€0▼
Tax-exempt reserves132€111k€111k=
Distributable reserves133€100k€100k=
Profit (loss) carried forward14€2.81M€3.65M▲
Investment grants15€126k€111k▼
Provisions and deferred taxes16€259k€259k=
Provisions for liabilities and charges160/5€259k€259k=
Other liabilities and charges164/5€259k€259k=
Amounts payable17/49€4.08M€3.66M▼
Amounts payable after more than one year17€1.03M€844k▼
Financial debts170/4€1.03M€842k▼
Credit institutions173€1.03M€842k▼
Other amounts payable178/9€1k€1k=
Amounts payable within one year42/48€3.05M€2.82M▼
Current portion of amounts payable after more than one year42€189k€190k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€1.77M€1.51M▼
Suppliers440/4€1.77M€1.51M▼
Advances received on contracts in progress46€133k€60k▼
Taxes, remuneration and social security45€601k€658k▲
Taxes450/3€300k€383k▲
Remuneration and social security454/9€301k€275k▼
Other amounts payable47/48€354k€404k▲
Accrued charges and deferred income492/3€237€850▲
Income statement
Code20242025
Operating income70/76A€16.83M€15.06M▼
Turnover70€16.54M€14.88M▼
Own construction capitalised72€55k-
Other operating income74€237k€173k▼
Non-recurring operating income76A-€5k
Operating charges60/66A€15.62M€13.65M▼
Goods for resale, raw materials and consumables60€11.94M€9.88M▼
Purchases600/8€12.46M€9.91M▼
Change in stocks: decrease (increase)609€-519k€-31k▲
Services and other goods61€1.10M€1.09M▼
Remuneration, social security and pensions62€2.03M€2.06M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€516k€537k▲
Other operating charges640/8€29k€99k▲
Non-recurring operating charges66A€649€187▼
Operating profit (loss)9901€1.21M€1.40M▲
Financial income75/76B€75k€29k▼
Recurring financial income75€75k€29k▼
Income from financial fixed assets750€0€0▲
Other financial income752/9€75k€29k▼
Financial charges65/66B€31k€37k▲
Recurring financial charges65€31k€37k▲
Debt charges650€25k€30k▲
Other financial charges652/9€5k€6k▲
Profit (loss) for the period before taxes9903€1.26M€1.40M▲
Income taxes67/77€256k€306k▲
Taxes670/3€256k€306k▲
Profit (loss) for the period9904€1.00M€1.09M▲
Profit (loss) for the period to be appropriated9905€1.00M€1.09M▲
Appropriation of the result
Profit (loss) to be appropriated9906€3.06M€3.90M▲
Profit (loss) brought forward from the previous period14P€2.06M€2.81M▲
Profit to be distributed694/7€250k€250k=
Directors or managers695€250k€250k=
Social balance
Average headcount (FTE)908734.933.5▼
The notes to these accounts (83 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-04
NBB filing
Annual accounts filed
fiscal year 2025 · unclassified schema
2025
30-09
Financial
Highest result since 2018net €1.09M ▲9%
Operating result €1.40M, net result €1.09M, both a record.
16-04
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema
2024
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-09
Financial
Equity above €2MEq €2.16M ▲16.6%
5 profitable years in a row build equity to €2.16M.
26-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
29-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-09
Financial
Equity above €1MEq €1.23M ▲32.9%
2 profitable years in a row build equity to €1.23M.
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Büllingen · 1 establishment unit since 1989
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.
Morsheck 14760 Büllingen1 establishment unit
Morsheck 1, 4760 Büllingen
since 19892.042.231.763
Similar companies · same sector, comparable size
Smart Metal Works
BE 0464.698.987
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EUROPEAN TECHNO STEEL
BE 0467.527.033
Londerzeel · Eq €3.97M
Bezemer en Co.
BE 0412.786.270
Antwerpen · Eq €3.95M
DERMUL
BE 0435.128.538
Lokeren · Eq €4.30M
ALU-COATING
BE 0452.500.941
Brecht · Eq €4.41M
Of 557 companies in sector 25999 we hold annual accounts for 351. 174 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded13-12-1988
Fiscal year end30-09
Activities, NACEBEL
25999Manufacture of fabricated metal products, except machinery and equipment
28220Manufacture of machinery and equipment not elsewhere classified
29202Manufacture of motor vehicles, trailers and semi-trailers
33110Repair and maintenance of fabricated metal products
34201
45194
46713Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filings
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.