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AYAD

Active
Private limited companyfounded 2024active for 2 yearsMarkt 26, 9160 Lokeren, BelgiumKBO/BCE: BE 1010.770.385

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

AYAD has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21,550 and a net result of €19,550. Its solvency ranks better than 58% of 1,256 sector peers (NACE 42, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
29-06-2026
Format
micro format
Reference
2026-00212599
Turnover
≈ €180,000
Estimated: probably between €110,000 and €320,000
Total assets
€41,290
Net result
€19,550
Working capital
€21,550

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Equity and liabilities €41,290
Equity €21,550
Debt €19,740
Debt finances 47.8% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
2.09
Debt to equity
0.92
ROE
90.7%
ROA
47.3%
Debt ≤ 1 year
€19,740
Income taxes
€11,805

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% still going

For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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
Filed annual accounts As filed with the NBB · 2025 · 35 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 29-06-2026.

Balance sheet Code2025
Assets
Total assets20/58€41,290
Current assets29/58€41,290
Amounts receivable within one year40/41€6,424
Trade receivables40€4,870
Other amounts receivable41€1,554
Cash at bank and in hand54/58€34,521
Deferred charges and accrued income490/1€345
Equity and liabilities
Total equity and liabilities10/49€41,290
Equity10/15€21,550
Contributions10/11€2,000
Reserves13€19,545
Distributable reserves133€19,545
Profit (loss) carried forward14€4
Amounts payable17/49€19,740
Amounts payable within one year42/48€19,740
Trade debts44€5,477
Suppliers440/4€5,477
Taxes, remuneration and social security45€11,938
Taxes450/3€11,938
Other amounts payable47/48€2,326
Income statement Code2025
Other operating charges640/8€1,375
Non-recurring operating charges66A€10,999
Gross operating margin9900€43,787
Operating profit (loss)9901€31,413
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€59
Recurring financial charges65€59
Profit (loss) for the period before taxes9903€31,354
Income taxes67/77€11,805
Profit (loss) for the period9904€19,550
Profit (loss) for the period to be appropriated9905€19,550
Appropriation of the result
Profit (loss) to be appropriated9906€19,550
Transfer to equity691/2€19,545
To other reserves6921€19,545

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line2025
Other operating charges640/8€1,375
Non-recurring operating charges66A€10,999
Gross operating margin9900€43,787
Operating profit (loss)9901€31,413
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€59
Recurring financial charges65€59
Profit (loss) for the period before taxes9903€31,354
Income taxes67/77€11,805
Profit (loss) for the period9904€19,550
Profit (loss) for the period to be appropriated9905€19,550
Line2025
Assets
Total assets20/58€41,290
Current assets29/58€41,290
Amounts receivable within one year40/41€6,424
Trade receivables40€4,870
Other amounts receivable41€1,554
Cash at bank and in hand54/58€34,521
Deferred charges and accrued income490/1€345
Equity and liabilities
Total equity and liabilities10/49€41,290
Equity10/15€21,550
Contributions10/11€2,000
Reserves13€19,545
Distributable reserves133€19,545
Profit (loss) carried forward14€4
Amounts payable17/49€19,740
Amounts payable within one year42/48€19,740
Trade debts44€5,477
Suppliers440/4€5,477
Taxes, remuneration and social security45€11,938
Taxes450/3€11,938
Other amounts payable47/48€2,326
Line2025
Profit (loss) for the period9904€19,550
Operating cash flow (approximation)€19,550

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 29-06-2026 2026-00212599 NBB

Similar companies · same sector, comparable size

Of the 1,792 active companies whose main activity is construction of utility projects for electricity and telecommunications (NACE 42220), figures are known for 977. 641 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2025 · 1 entry · €339 awarded · €339 paid
Schemes
1 entry · €339 · €339 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.