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AY CONNECTIONS

Active
Private limited companyfounded 20224 years activeVeldstraat 17, 9160 Lokeren, BelgiumKBO/BCE: BE 0790.718.561
Summary

AY CONNECTIONS has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2,000 and a net result of €54,243. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 33,994 sector peers (NACE 43, fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Activity
General electrical installation work
NACE 43211
1 site
Size
€171,104total assets 2025
Equity
€2,000
Profit
€54,243
Turnover not published (abridged schema)
Financial health
65 Healthy Checked score 2025
Bankruptcy probability, 12 months
1.1%
Structure
Accounts 129 days early0 of 1 deed read
Why 65- Founded in 2022- Equity €2,000 (1.2% of total assets)- Sector Specialised construction activities (NACE 43)+ Liquidity: current ratio 0.80, cash €48,858Show the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 33% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Average
Solvency 26-74
equity 1.2% of total assets
Liquidity 40-60
short-term debt 83.6% · cash 28.6%
Profitability 100+15
return on assets 31.7%
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,513 companies)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.2%▼ -0.2 percentage points vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025lowest value 07-2025: 0.2%● unchanged vs 06-2025lowest value 08-2025: 0.2%● unchanged 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 11-2025 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: 1.4%▲ +1.2 percentage points vs 03-2026highest value 05-2026: 1.2%▼ -0.2 percentage points vs 04-2026 06-2026: 1.2%● unchanged vs 05-2026 07-2026: 1.2%● unchanged vs 06-2026 08-2026: 1.2%● unchanged vs 07-2026 09-2026: 1.1%▼ -0.1 percentage points vs 08-2026 10-2026: 1.1%● unchanged vs 09-2026
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 43, micro): better than 9% on solvency, 29% on liquidity, 93% on profitability and 3% on growth.

The bankruptcy probability was computed on 06-10-2026 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 risk+raises risk○neutral
raises risk · Founded in 2022
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Equity €2,000 (1.2% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.80, cash €48,858
NBB · annual accounts
raises risk · Sector Specialised construction activities (NACE 43)
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 33994 sector peers (2025).
NBB · sector comparison
Position among 33994 sector peers
Solvency
better than 10%
← 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 24-03-2026, 129 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
129 days early
2024
134 days early
2023
19 days early
2022
14 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 74 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 19 May (3 of the last 4 filed years within 59 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Weakest financial yearnet €25,589 ▼68.7%

Key points

  • Caution: Equity fell in 2025from €163,337 to €2,000 ▼ 98.8% View
  • Caution: Among the weakest 10% on solvencysector median 47.1% · 33,994 companies 1.2% View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

By topic

Financials

Fiscal year
2025
Total assets
€171,104
Profit
€54,243
Solvency
1.2%
Total assets▼ 13.5%
Net result
20222025
Go to Financials

Timeline

Events
9
Since
2023
Next accounts
by 31-07-2027
  1. 31-12-2024Liquidity doubles
  2. 31-12-2024Equity above €150,000
  3. 12-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
13-09-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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