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AYTECH

Active
Private limited companyfounded 2021active for 5 yearsHerkenrodedreef 67, 3511 Hasselt, BelgiumKBO/BCE: BE 0771.597.485
Summary

AYTECH has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €241,381 and a net result of €109,168. Equity is growing by about 82% per year across the filed financial years. Its solvency ranks better than 87% of 34,789 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
General electrical installation work
NACE 43211Machining of metals NACE 25530
1 site
Size
≈ €610,000turnover 2025, estimated
Staff
≈ 2 FTE, estimated
Equity
€241,381
Profit
€109,168
Turnover estimated from the gross margin
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
2025 accounts on time1 of 3 deeds summarised
Why 93raises riskFounded in 2021Size: total assets €296,214lowers riskLiquidity: current ratio 4.82, cash €69,887Equity €241,381 (81.5% of total assets)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 86% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 100+3
equity 81.5% of total assets
Liquidity 74-6
short-term debt 18.5% · cash 23.6%
Profitability 100=
return on assets 36.9%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,658 companies, NACE 43, micro)
Last 24 months 11-2024: 2.2%highest value 12-2024: 1.6%▼ -0.6 percentage points vs 11-2024 01-2025: 1.7%▲ +0.1 percentage points vs 12-2024 02-2025: 1.8%▲ +0.1 percentage points vs 01-2025 03-2025: 1.8%● unchanged vs 02-2025 04-2025: 1.6%▼ -0.2 percentage points vs 03-2025 05-2025: 2.0%▲ +0.4 percentage points vs 04-2025 06-2025: 0.2%▼ -1.8 percentage points 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: 0.3%▲ +0.1 percentage points vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026 05-2026: 0.7%▲ +0.3 percentage points vs 04-2026 06-2026: 0.2%▼ -0.5 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit of up to €22,000 on 30-day terms is acceptable
Liquidity ample (current ratio 4.82, compared with 3.05 in 2024, above the usual 1.5; short-term debt: 18.5% and cash: 23.6% of total assets), and 18.5% of the assets are financed with debt and provisions.
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 90% on solvency, 73% on liquidity, 92% on profitability and 89% on growth.

The bankruptcy probability was computed on 28-10-2026 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

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 4.82, cash €69,887
NBB · annual accounts
lowers risk · Equity €241,381 (81.5% of total assets)
NBB · annual accounts
raises risk · Founded in 2021
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €296,214
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
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 30-04-2026, 0 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
11 days early
2022
3 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 4 days before the deadline; the sector median (NACE 43) for financial year 2024 is 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 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 29 April (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end29-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Highest result from 2022 to 2025net €109,168 ▲43.5%
  3. Equity above €200,000equity €241,381 ▲82.6%

Financials · financial year 2025, micro format

Turnover
≈ €610,000
Estimated: probably between €530,000 and €750,000
Total assets
€296,214▲ 60.9%
2024 · €184,053
Net result
€109,168▲ 43.5%
2024 · €76,076
Working capital
€209,506▲ 97.3%
2024 · €106,193
Trend over the years

2022 to 2025, 4 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 47% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€147,077 2025 Net result€109,168 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result€48,491-€22,346▼ 53.9%€99,784▲ 347%€147,077▲ 47.4%
Net result€35,118above the sector's middle half-€16,018within the sector's middle half▼ 54.4%€76,076above the sector's middle half▲ 375%€109,168above the sector's middle half▲ 43.5%
Equity€40,118within the sector's middle half-€56,137within the sector's middle half▲ 39.9%€132,213within the sector's middle half▲ 136%€241,381above the sector's middle half▲ 82.6%
Total assets€68,254below the sector's middle half-€97,696within the sector's middle half▲ 43.1%€184,053within the sector's middle half▲ 88.4%€296,214within the sector's middle half▲ 60.9%
Debt€28,136-€41,559▲ 47.7%€51,840▲ 24.7%€54,833▲ 5.8%
Working capital€24,240within the sector's middle half-€28,648within the sector's middle half▲ 18.2%€106,193above the sector's middle half▲ 271%€209,506above the sector's middle half▲ 97.3%
Solvency58.8%within the sector's middle half-57.5%within the sector's middle half▼ 1.3pp71.8%above the sector's middle half▲ 14.4pp81.5%above the sector's middle half▲ 9.7pp
Current ratio1.86within the sector's middle half-1.69within the sector's middle half▼ 0.173.05within the sector's middle half▲ 1.364.82above the sector's middle half▲ 1.77
Return on assets (ROA)51.5%above the sector's middle half-16.4%within the sector's middle half▼ 35.1pp41.3%above the sector's middle half▲ 24.9pp36.9%above the sector's middle half▼ 4.5pp
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
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
2025 in colour, 2024 as the grey bar beneath
Assets €296,214
Fixed assets €31,875 ▲ 22.5%
Current assets €264,339 ▲ 67.3%
Equity and liabilities €296,214
Equity €241,381 ▲ 82.6%
Debt €54,833 ▲ 5.8%
Debt's share of the balance-sheet total falls from 28.2% to 18.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€155,897▲
2024 · €107,485
Cash flow
€117,988▲
2024 · €83,777
Quick ratio
4.60▲
2024 · 2.88
Debt to equity
0.23▼
2024 · 0.39
ROE
45.2%▼
2024 · 57.5%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€54,833▲
2024 · €51,840
Income taxes
€34,058▲
2024 · €22,905
Staff costs
€114,375▲
2024 · €75,466
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,972 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
94.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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 26,972 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 against 2024 · 48 lines
Balance sheet Code20242025
Assets
Total assets20/58€184,053€296,214▲
Formation expenses20€0€0=
Fixed assets21/28€26,019€31,875▲
Tangible fixed assets22/27€26,019€31,875▲
Plant, machinery and equipment23-€3,338
Furniture and vehicles24€26,019€24,382▼
Other tangible fixed assets26-€4,155
Current assets29/58€158,033€264,339▲
Amounts receivable after more than one year29-€46,000
Other amounts receivable291-€46,000
Stocks and contracts in progress3€8,632€11,940▲
Stocks30/36€8,632€11,940▲
Amounts receivable within one year40/41€87,822€136,512▲
Trade receivables40€87,822€135,955▲
Other amounts receivable41-€557
Cash at bank and in hand54/58€61,579€69,887▲
Equity and liabilities
Total equity and liabilities10/49€184,053€296,214▲
Equity10/15€132,213€241,381▲
Contributions10/11€5,000€5,000=
Reserves13€66,637€236,381▲
Distributable reserves133€66,637€236,381▲
Profit (loss) carried forward14€60,576-
Amounts payable17/49€51,840€54,833▲
Amounts payable within one year42/48€51,840€54,833▲
Trade debts44€25,594€8,705▼
Suppliers440/4€25,594€8,705▼
Taxes, remuneration and social security45€26,247€46,128▲
Taxes450/3€26,247€37,399▲
Remuneration and social security454/9€0€8,728▲
Income statement Code20242025
Remuneration, social security and pensions62€75,466€114,375▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,701€8,820▲
Other operating charges640/8€2,493€1,670▼
Non-recurring operating charges66A€2,535-
Gross operating margin9900€187,979€271,942▲
Operating profit (loss)9901€99,784€147,077▲
Financial income75/76B-€178
Recurring financial income75-€178
Financial charges65/66B€803€4,029▲
Recurring financial charges65€803€1,494▲
Non-recurring financial charges66B-€2,535
Profit (loss) for the period before taxes9903€98,981€143,226▲
Income taxes67/77€22,905€34,058▲
Profit (loss) for the period9904€76,076€109,168▲
Profit (loss) for the period to be appropriated9905€76,076€109,168▲
Appropriation of the result
Profit (loss) to be appropriated9906€76,076€169,744▲
Profit (loss) brought forward from the previous period14P-€60,576
Transfer to equity691/2€15,500€169,744▲
To other reserves6921€15,500€169,744▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Remuneration, social security and pensions62-€5,483€75,466€114,375▲ 51.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,801€1,773€7,701€8,820▲ 14.5%
Other operating charges640/8€1,408€1,557€2,493€1,670▼ 33.0%
Non-recurring operating charges66A-€3,552€2,535--
Gross operating margin9900€54,700€34,711€187,979€271,942▲ 44.7%
Operating profit (loss)9901€48,491€22,346€99,784€147,077▲ 47.4%
Financial income75/76B---€178-
Recurring financial income75---€178-
Financial charges65/66B€34€321€803€4,029▲ 402%
Recurring financial charges65€34€321€803€1,494▲ 86.1%
Non-recurring financial charges66B---€2,535-
Profit (loss) for the period before taxes9903€48,457€22,025€98,981€143,226▲ 44.7%
Income taxes67/77€13,339€6,007€22,905€34,058▲ 48.7%
Profit (loss) for the period9904€35,118€16,018€76,076€109,168▲ 43.5%
Profit (loss) for the period to be appropriated9905€35,118€16,018€76,076€109,168▲ 43.5%
Line2022202320242025Change
Assets
Total assets20/58€68,254€97,696€184,053€296,214▲ 60.9%
Formation expenses20€0€0€0€0-
Fixed assets21/28€15,878€27,489€26,019€31,875▲ 22.5%
Tangible fixed assets22/27€15,878€27,489€26,019€31,875▲ 22.5%
Plant, machinery and equipment23---€3,338-
Furniture and vehicles24€15,878€27,489€26,019€24,382▼ 6.3%
Other tangible fixed assets26---€4,155-
Current assets29/58€52,377€70,207€158,033€264,339▲ 67.3%
Amounts receivable after more than one year29---€46,000-
Other amounts receivable291---€46,000-
Stocks and contracts in progress3-€5,290€8,632€11,940▲ 38.3%
Stocks30/36-€5,290€8,632€11,940▲ 38.3%
Amounts receivable within one year40/41€37,566€55,428€87,822€136,512▲ 55.4%
Trade receivables40€37,274€55,411€87,822€135,955▲ 54.8%
Other amounts receivable41€292€17-€557-
Cash at bank and in hand54/58€14,811€8,891€61,579€69,887▲ 13.5%
Deferred charges and accrued income490/1-€598---
Equity and liabilities
Total equity and liabilities10/49€68,254€97,696€184,053€296,214▲ 60.9%
Equity10/15€40,118€56,137€132,213€241,381▲ 82.6%
Contributions10/11€5,000€5,000€5,000€5,000=
Reserves13€35,118€51,137€66,637€236,381▲ 255%
Distributable reserves133€35,118€51,137€66,637€236,381▲ 255%
Profit (loss) carried forward14€0-€60,576--
Amounts payable17/49€28,136€41,559€51,840€54,833▲ 5.8%
Amounts payable within one year42/48€28,136€41,559€51,840€54,833▲ 5.8%
Current portion of amounts payable after more than one year42-€10,087---
Trade debts44€0€9,216€25,594€8,705▼ 66.0%
Suppliers440/4€0€9,216€25,594€8,705▼ 66.0%
Taxes, remuneration and social security45€20,839€13,773€26,247€46,128▲ 75.7%
Taxes450/3€13,339€9,931€26,247€37,399▲ 42.5%
Remuneration and social security454/9€7,500€3,842€0€8,728-
Other amounts payable47/48€7,297€8,483---
Line2022202320242025Change
Profit (loss) for the period9904€35,118€16,018€76,076€109,168▲ 43.5%
+ Depreciation and write-downs630€4,801€1,773€7,701€8,820▲ 14.5%
Operating cash flow (approximation)€39,919€17,791€83,777€117,988▲ 40.8%
Investment in fixed assets (approximation)--€13,383-€6,232-€14,676▼ 135%
Change in cash--€5,919€52,688€8,308▼ 84.2%

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

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference
30-09-2025 micro format 30-04-2026 2026-00099105
30-09-2024 micro format 30-04-2025 2025-00085936
30-09-2023 micro format 19-04-2024 2024-00065317
30-09-2022 micro format 27-04-2023 2023-00076251

Similar companies · same sector, comparable size

Of the 22,641 active companies whose main activity is general electrical installation work (NACE 43211), figures are known for 10,538. 8,071 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

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

Directors

Directors
No directors read yet: 1 of 3 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

AYTECH was incorporated on 20 July 2021 as a private limited company.1 The registered office was moved to Hasselt in 2022.2 Total assets rose from €68,254 in 2022 to €296,214 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 21-11-2022
  3. 3National Bank, annual accounts 2022 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 30-04-2027
2026
30-04
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
30-09
Financial Highest result from 2022 to 2025net €109,168 ▲43.5%
Operating result €147,077, net result €109,168, both a record.
30-09
Financial Equity above €200,000equity €241,381 ▲82.6%
A profit in every financial year since 2022 builds equity to €241,381.
30-04
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
30-09
Financial Equity above €100,000equity €132,213 ▲136%
A profit in every financial year since 2022 builds equity to €132,213.
19-04
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
30-09
Financial Weakest financial yearnet €16,018 ▼54.4%
Net result drops to €16,018, the lowest in the series; recovery starts the following year.
27-04
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
21-11
Gazette deed Registered office · Purpose
Purpose change · Power of attorney · Registered-office move5 facts ▸
  • General meeting, 10-10-2022
  • Other provision, “verslag bestuursorgaan over voorgestelde wijziging voorwerp: vrijstelling voorlezing en ontvangstbevestiging, ontslaat de voorzitter van het voorlezen van het v…” (deed in Dutch)
  • Purpose change
  • Power of attorney, Herbert HOUBEN
  • Registered-office move, 3511 Hasselt,Herkenrodedreef 67
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 3 deeds read
About the unread acts

Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded20-07-2021
Financial year end30-09
Activities, NACEBEL 2025
25530Machining of metals
43211General electrical installation work
33200Installation of industrial machinery and equipment
47811Retail sale of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID 0208:0771597485
Also 9925:BE0771597485
Registered 04-05-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0771.597.485

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2021
registered office establishment The establishment unit on the map
Ground area
1,160 m²
Building footprint
141 m²
Building volume
660 m³
Parcel 71483E0220/00T002, Flanders · tallest building 7.2 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
AYTECH
Herkenrodedreef 67, 3511 HasseltGeneral electrical installation work
since 2021unit no. 2.320.571.580
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
71483E0220/00T002 Flanders 1,160 m² 1 · 141 m² 7.2 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.