AURO-TECH
ActiveSummary
AURO-TECH has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €41,070 and a net result of €24,215. Equity is shrinking by ~17.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 14% of 36386 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability75▲+28
Solvency34▲+6
Growth38▲+16
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity short (current ratio 0.2 against 0.22 in 2023; short-term debt: 57.4% of total assets), and 91% of the assets are financed with debt.
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Signals
Six 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
9%
Return on assets
5.3%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 36386 sector peers (2024).
NBB · sector comparisonPosition among 36386 sector peers
Solvency
better than 14%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €41,070
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
61 d late
2022
19 d early
2021
30 d late
2020
27 d late
2019
53 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 13 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€326,129▼ 10.8%
2018 · €365,753
EBIT margin
1.5%▼ 1.7pp
2018 · 3.1%
Net result
€24,215▲ 535%
2023 · €3,813
Working capital
-€211,383▲ 8.7%
2023 · -€231,479
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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
Line20202021202220232024
Turnover
Operating result-€16,278-€90,244▼ 454%-€24,483▲ 72.9%€15,828€33,414▲ 111%
Net result-€17,047below the sector's middle half-€98,588below the sector's middle half▼ 478%-€32,585below the sector's middle half▲ 66.9%€3,813within the sector's middle half€24,215within the sector's middle half▲ 535%
EBIT margin
Equity€40,392within the sector's middle half▼ 29.7%-€58,196below the sector's middle half€13,042below the sector's middle half€16,855below the sector's middle half▲ 29.2%€41,070within the sector's middle half▲ 144%
Total assets€351,720above the sector's middle half▼ 1.2%€347,239above the sector's middle half▼ 1.3%€490,876above the sector's middle half▲ 41.4%€493,573above the sector's middle half▲ 0.5%€457,885above the sector's middle half▼ 7.2%
Debt€311,328▲ 4.2%€405,435▲ 30.2%€477,834▲ 17.9%€476,718▼ 0.2%€416,815▼ 12.6%
Working capital-€86,940below the sector's middle half▼ 11.3%-€206,749below the sector's middle half▼ 138%-€232,719below the sector's middle half▼ 12.6%-€231,479below the sector's middle half▲ 0.5%-€211,383below the sector's middle half▲ 8.7%
Solvency11.5%below the sector's middle half▼ 4.6pp-16.8%below the sector's middle half▼ 28.2pp2.7%below the sector's middle half▲ 19.4pp3.4%below the sector's middle half▲ 0.8pp9.0%below the sector's middle half▲ 5.6pp
Current ratio0.46below the sector's middle half▲ 0.050.26below the sector's middle half▼ 0.200.15below the sector's middle half▼ 0.110.22below the sector's middle half▲ 0.070.20below the sector's middle half▼ 0.02
Return on assets (ROA)-4.8%below the sector's middle half▼ 5.6pp-28.4%below the sector's middle half▼ 23.5pp-6.6%below the sector's middle half▲ 21.8pp0.8%within the sector's middle half▲ 7.4pp5.3%within the sector's middle half▲ 4.5pp
Staff (FTE)1.7within the sector's middle half▼ 15.0%1▼ 41.2%0.4▼ 60.0%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 111% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €457,885
Fixed assets
€406,349 ▼ 5.3%
Current assets
€51,536 ▼ 20.3%
Equity and liabilities €457,885
Equity
€41,070 ▲ 144%
Debt
€416,815 ▼ 12.6%
Debt's share of the balance-sheet total falls from 96.6% to 91.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€58,048▲
2023 · €41,483
Cash flow
€48,850▲
2023 · €29,467
Quick ratio
0.08▼
2023 · 0.12
Debt to equity
10.15▼
2023 · 28.28
ROE
59.0%▲
2023 · 22.6%
Interest coverage
6.34▲
2023 · 3.33
Debt ≤ 1 year
€262,919▼
2023 · €296,119
Debt > 1 year
€153,896▼
2023 · €180,599
Income taxes
€103▼
2023 · €107
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 497 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.2%
went bankrupt
3.2%
stopped otherwise
95%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% 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 497 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €33,034 | - | - | - |
| Remuneration, social security and pensions62 | - | €3,550 | €5,643 | €697 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,158 | €19,336 | €25,184 | €25,655 | €24,635 | ▼ 4.0% |
| Other operating charges640/8 | - | €8,338 | €3,114 | €4,179 | €4,298 | ▲ 2.9% |
| Non-recurring operating charges66A | - | - | €55,042 | €12,273 | - | - |
| Gross operating margin9900 | €18,706 | -€59,021 | €64,500 | €58,632 | €62,347 | ▲ 6.3% |
| Operating profit (loss)9901 | -€16,278 | -€90,244 | -€24,483 | €15,828 | €33,414 | ▲ 111% |
| Financial income75/76B | - | €1 | €223 | €537 | €58 | ▼ 89.2% |
| Recurring financial income75 | - | €1 | €223 | €537 | €58 | ▼ 89.2% |
| Financial charges65/66B | - | €8,345 | €8,714 | €12,445 | €9,154 | ▼ 26.4% |
| Recurring financial charges65 | €4,954 | €8,345 | €8,714 | €12,445 | €9,154 | ▼ 26.4% |
| Profit (loss) for the period before taxes9903 | -€21,232 | -€98,588 | -€32,974 | €3,920 | €24,317 | ▲ 520% |
| Income taxes67/77 | -€4,185 | - | -€389 | €107 | €103 | ▼ 4.2% |
| Profit (loss) for the period9904 | -€17,047 | -€98,588 | -€32,585 | €3,813 | €24,215 | ▲ 535% |
| Profit (loss) for the period to be appropriated9905 | -€17,047 | -€98,588 | -€32,585 | €3,813 | €24,215 | ▲ 535% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €351,720 | €347,239 | €490,876 | €493,573 | €457,885 | ▼ 7.2% |
| Fixed assets21/28 | €276,920 | €274,680 | €451,163 | €428,934 | €406,349 | ▼ 5.3% |
| Tangible fixed assets22/27 | €276,232 | €273,992 | €450,475 | €428,246 | €405,807 | ▼ 5.2% |
| Land and buildings22 | - | €230,551 | €367,408 | €367,408 | €367,408 | = |
| Plant, machinery and equipment23 | - | €7,138 | €6,168 | €5,382 | €3,580 | ▼ 33.5% |
| Furniture and vehicles24 | - | €20,799 | €18,947 | €14,956 | €10,860 | ▼ 27.4% |
| Leasing and similar rights25 | - | €15,503 | €57,952 | €40,500 | €23,960 | ▼ 40.8% |
| Financial fixed assets28 | €688 | €688 | €688 | €688 | €541 | ▼ 21.3% |
| Current assets29/58 | €74,800 | €72,559 | €39,714 | €64,639 | €51,536 | ▼ 20.3% |
| Stocks and contracts in progress3 | €24,916 | €28,653 | €29,500 | €29,500 | €29,500 | = |
| Stocks30/36 | - | €28,653 | €29,500 | €29,500 | €29,500 | = |
| Amounts receivable within one year40/41 | €49,884 | €39,055 | €8,863 | €34,258 | €22,036 | ▼ 35.7% |
| Trade receivables40 | - | €27,949 | - | €31,904 | €18,155 | ▼ 43.1% |
| Other amounts receivable41 | - | €11,106 | €8,863 | €2,354 | €3,881 | ▲ 64.9% |
| Deferred charges and accrued income490/1 | - | €4,851 | €1,351 | €881 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €351,720 | €347,239 | €490,876 | €493,573 | €457,885 | ▼ 7.2% |
| Equity10/15 | €40,392 | -€58,196 | €13,042 | €16,855 | €41,070 | ▲ 144% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Revaluation surpluses12 | - | - | €103,823 | €103,823 | €103,823 | = |
| Reserves13 | €99,263 | €99,263 | €99,263 | €99,263 | €99,263 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | €30,310 | €30,310 | €30,310 | €30,310 | = |
| Distributable reserves133 | - | €67,093 | €67,093 | €67,093 | €67,093 | = |
| Profit (loss) carried forward14 | -€77,470 | -€176,059 | -€208,643 | -€204,830 | -€180,616 | ▲ 11.8% |
| Amounts payable17/49 | €311,328 | €405,435 | €477,834 | €476,718 | €416,815 | ▼ 12.6% |
| Amounts payable after more than one year17 | €149,587 | €126,126 | €205,401 | €180,599 | €153,896 | ▼ 14.8% |
| Financial debts170/4 | - | €126,126 | €205,401 | €180,599 | €153,896 | ▼ 14.8% |
| Amounts payable within one year42/48 | €161,740 | €279,308 | €272,433 | €296,119 | €262,919 | ▼ 11.2% |
| Current portion of amounts payable after more than one year42 | - | €23,272 | €31,840 | €23,803 | €24,683 | ▲ 3.7% |
| Financial debts43 | - | €49,267 | €49,045 | €37,066 | €51,512 | ▲ 39.0% |
| Credit institutions430/8 | - | €49,267 | €49,045 | €37,066 | €51,512 | ▲ 39.0% |
| Trade debts44 | €29,977 | €36,665 | €21,073 | €79,105 | €53,493 | ▼ 32.4% |
| Suppliers440/4 | - | €36,665 | €21,073 | €79,105 | €53,493 | ▼ 32.4% |
| Taxes, remuneration and social security45 | - | €642 | €253 | €107 | €210 | ▲ 95.8% |
| Taxes450/3 | - | €642 | €253 | €107 | €210 | ▲ 95.8% |
| Other amounts payable47/48 | - | €169,463 | €170,223 | €156,037 | €133,021 | ▼ 14.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€17,047 | -€98,588 | -€32,585 | €3,813 | €24,215 | ▲ 535% |
| + Depreciation and write-downs630 | €25,158 | €19,336 | €25,184 | €25,655 | €24,635 | ▼ 4.0% |
| Operating cash flow (approximation) | €8,111 | -€79,253 | -€7,400 | €29,467 | €48,850 | ▲ 65.8% |
| Investment in fixed assets (approximation) | - | -€17,095 | -€201,667 | -€3,426 | -€2,050 | ▲ 40.2% |
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
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €24,215 ▲535%
Operating result €33,414, net result €24,215, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Back to profitnet €3,813
Net result €3,813 after 3 loss-making years.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet -€98,588
Net result drops to -€98,588, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
10-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 254 days late
2018
30-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 122 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
22-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 114 days late
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, Sint-Niklaas · 1 establishment unit since 2002
Ground area
565 m²
Building footprint
128 m²
Volume, LiDAR
605 m³
Parcel 46002B0937/00K000, Flanders · tallest building 10.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
AURO TECH CHAPEWERKEN
since 20022.095.599.084
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46002B0937/00K000 | Flanders | 565 m² | 1 · 128 m² | 10.3 m · 1 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.
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,423. 5,951 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 (pre-2019)
Founded27-12-2001
Fiscal year end31-12
Activities, NACEBEL 2025
43422Screed work
43990Other specialised construction activities
42110Construction of roads and motorways
43230Insulation installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0476481915
Also
9925:BE0476481915
Registered
21-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.