Equity
€268,196 ▲ 0.3%
AUTOMATIC GATES has made a profit in every financial year since 2007.
AUTOMATIC GATES
Lifetime
18 annual accounts with figures on one time axis, 29 filings since 1996peak €366,782 (2018)
€259,508▲ 19.6%
peak €38,793 (2024)
€37,702▼ 2.8%
peak €268,196 (2025)
€268,196▲ 0.3%
€172,478▼ 8.6%
peak 2.1 FTE (2013)
-not published
Board5 names since 2019
1 directorBougo
Owners
65.07%BOUCNEAU
Documentsfilings and deeds
02-03-202629 days before the deadline
2025micro format
Gross margin from €216,930 to €259,508Dividend €6,974
Key points
from the 2025 annual accountsChecked score
94
Excellent
Financially stronger than 53% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%highest value
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.1%▼ -0.1 percentage points vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 1.33, cash €71,132
Founded in 1995
Equity €268,196 (60.9% of total assets)
Calculation
The band follows from the bankruptcy probability. 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 43, micro). It does better than 66% of them on solvency, 52% on liquidity, 58% on profitability and 36% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-08-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 31,368 companies had the same profile as AUTOMATIC GATES has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of AUTOMATIC GATES itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for AUTOMATIC GATES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.33 (1.61 in 2024), below the usual 1.5. Short-term debt is 33.2% and cash 16.1% of total assets. 39.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 02-03-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 days early
2024
97 days early
2023
34 days early
2022
35 days early
2021
34 days early
2020
35 days early
2019
54 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 45 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-08-2026 is due by 31-03-2027. Nothing is late today. The company usually files around 25 February (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
31-08-2026 year end10-11-2026 today31-03-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0455298501
2 managers resigning, 2 directors reappointed
Resignations: BOUGO (manager) and BOUCNEAU (manager) · Reappointments: BOUGO (director) and Boucneau Brecht Johannes (director) · Permanent representatives: Goemaere Carine and Boucneau Brecht Johannes · General meeting of 30-11-2023 · Gazette deed
1 director appointed, 1 resignation
Resignation: Brecht Boucneau · Appointment: BV BOUCNEAU · Permanent representatives: Brecht Boucneau and Carine GOEMAERE · General meeting of 01-08-2020 · Gazette deed
1 manager appointed, 2 resignations
Resignations: Peter Boucneau (manager) and Carine Goemaere (manager) · Appointment: VOF BOUGO (manager) · Permanent representative: Carine Goemaere · General meeting of 01-11-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| AUTOMATIC GATES Poperinge | €440,675 | €259,508 | 60.9% | - |
| VANTORNOUT Wingene | €409,001 | €248,039 | 45.8% | 2.6 |
| Nico Poublon Wevelgem | €437,527 | €246,843 | 54.9% | - |
| BUYCK HANS Kortrijk | €429,636 | €302,763 | 20.5% | - |
| MENUISERIE RADART Eghezée | €426,901 | €248,014 | 47.1% | - |
| A2 AFWERKINGSBEDRIJF Oudsbergen | €459,441 | €250,920 | 67.1% | 2.8 |
| GEUENS Balen | €467,359 | €278,792 | 44.1% | - |
These companies have the same main activity as AUTOMATIC GATES: joinery installation (NACE 43320). They are comparable in size and age: total assets between €409,000 and €467,000, founded between 1994 and 1997.
Official details
Source: KBO- Status
- Active since 06-06-1995Normal situation
- Activity
- Joinery installationNACE 43320
- Joint committees
- 209White-collar workers in metal manufacturing
- 111Metal, mechanical and electrical engineering · annual accounts 31-08-2024
- Establishment unit
- 2.072.714.6088970 Poperinge, since 16-08-1995
- Financial year end
- 31 August
- Peppol
- Reachable since 26-05-2025
Annual accounts to 31-08-2025
- ≈ €730,000estimated
- €440,675▼ 3.4%
- Employeeson 31-08-2025
- 3▲ 50.0%
- Filing
- Filed on 02-03-2026, 29 days before the end of the filing period
Insights on AUTOMATIC GATES
AUTOMATIC GATES files the micro format. That format states no turnover. The gross margin rose from €102,532 in 2007 to €259,508 in 2025.
The balance sheet grew most from 2013 to 2015 through fixed assets, financed with long-term debt.
BOUCNEAU holds 65.07% of the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about AUTOMATIC GATES
- What is the company number of AUTOMATIC GATES?
- The company number of AUTOMATIC GATES is 0455.298.501. The VAT number is the same number with BE in front: BE 0455.298.501.
- Where is AUTOMATIC GATES based?
- The registered office is at Duinkerkestraat 146, 8970 Poperinge.Company details
- What does AUTOMATIC GATES do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of AUTOMATIC GATES?
- AUTOMATIC GATES is a private limited company (BV).
- When was AUTOMATIC GATES founded?
- AUTOMATIC GATES was founded on 06-06-1995.
- Is AUTOMATIC GATES still active?
- Yes, AUTOMATIC GATES is an active enterprise in the KBO register.
- How many employees does AUTOMATIC GATES have?
- AUTOMATIC GATES had an average of 2.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does AUTOMATIC GATES fall under?
- In its 31-08-2024 annual accounts, AUTOMATIC GATES states joint committees 209 (White-collar workers in metal manufacturing) and 111 (Metal, mechanical and electrical engineering).
- What is the turnover of AUTOMATIC GATES?
- The turnover in financial year 2025 is ≈ €730,000. This figure is estimated from the gross margin of €259,508 and 61 comparable companies (NACE 433). It probably lies between €550,000 and €980,000.
- Is AUTOMATIC GATES profitable?
- In financial year 2025, AUTOMATIC GATES made a profit of €37,702.
- Where can I find the annual accounts of AUTOMATIC GATES?
- AUTOMATIC GATES filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AUTOMATIC GATES due?
- AUTOMATIC GATES must file the annual accounts for financial year 2026 by 31-03-2027.Timeline
Next steps
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