BA TECHNICS
ActiveBA TECHNICS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €6.86M and a net result of €1.37M. Equity is growing by ~20.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
90
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability96▲+3
Solvency100=
Growth85=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €200k at 30 days acceptable
Liquidity ample (current ratio 61.07 against 31.94 in 2023; short-term debt: 0.7% and cash: 15% of total assets), and 0.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
99.3%
Return on assets
19.9%
Age of the figures
24 mo
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
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-07-2026, 84 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
84 d late
2024
62 d early
2023
84 d early
2022
131 d early
2021
9 d early
2020
15 d early
2019
8 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2024, full schema
Turnover
€2.05M▲ 44.0%
2023 · €1.42M
2020: €824k
2021: €222k
2022: €972k
2023: €1.42M
2020 → 2024
EBIT margin
88.2%▲ 3.7pp
2023 · 84.6%
2020: 81.4%
2021: 23.3%
2022: 79.0%
2023: 84.6%
2020 → 2024
Net result
€1.37M▲ 53.6%
2023 · €894k
2018: €-25k
2019: €2.12M
2020: €942k
2021: €398k
2022: €567k
2023: €894k
2018 → 2024
Working capital
€3.09M▲ 83.3%
2023 · €1.69M
2018: €-93k
2019: €301k
2020: €461k
2021: €290k
2022: €757k
2023: €1.69M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€824k-€222k▼ 73.1%€972k▲ 338%€1.42M▲ 46.3%€2.05M▲ 44.0%
Equity€3.63M-€4.02M▲ 11.0%€4.59M▲ 14.1%€5.48M▲ 19.5%€6.86M▲ 25.0%
Operating result€671k-€52k▼ 92.3%€768k▲ 1,386%€1.20M▲ 56.6%€1.81M▲ 50.2%
Net result€942k-€398k▼ 57.8%€567k▲ 42.5%€894k▲ 57.8%€1.37M▲ 53.6%
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 50% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6.91M
Fixed assets
€3.77M▼ 0.9%
Current assets
€3.14M▲ 80.5%
Equity and liabilities €6.91M
Equity
€6.86M▲ 25.0%
Debt
€51k▼ 10.4%
The debt ratio falls from 1.0% to 0.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.84M▲
2023 · €1.24M
Cash flow
€1.41M▲
2023 · €928k
Solvency
99.3%▲
2023 · 99.0%
Current ratio
61.07▲
2023 · 31.94
Quick ratio
61.07▲
2023 · 31.94
Debt / equity
0.01▼
2023 · 0.01
ROE
20.0%▲
2023 · 16.3%
ROA
19.9%▲
2023 · 16.1%
Interest coverage
519.84▼
2023 · 602.77
Debt
€51k▼
2023 · €57k
Debt ≤ 1 year
€51k▼
2023 · €55k
Income taxes
€467k▲
2023 · €306k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€5.54M€6.91M▲
Fixed assets21/28€3.80M€3.77M▼
Tangible fixed assets22/27€450k€416k▼
Land and buildings22€354k€353k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€93k€61k▼
Financial fixed assets28€3.35M€3.35M=
Affiliated companies280/1€3.35M€3.35M=
Participating interests280€3.35M€3.35M=
Current assets29/58€1.74M€3.14M▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€1.23M€2.03M▲
Trade receivables40€1.23M€1.85M▲
Other amounts receivable41€2k€173k▲
Current investments50/53-€75k
Other investments51/53-€75k
Cash at bank and in hand54/58€508k€1.04M▲
Deferred charges and accrued income490/1€7k€1k▼
Equity and liabilities
Total equity and liabilities10/49€5.54M€6.91M▲
Equity10/15€5.48M€6.86M▲
Contributions10/11€150k€150k=
Reserves13€144k€144k=
Distributable reserves133€144k€144k=
Profit (loss) carried forward14€5.19M€6.56M▲
Amounts payable17/49€57k€51k▼
Amounts payable within one year42/48€55k€51k▼
Trade debts44€7k€9k▲
Suppliers440/4€7k€9k▲
Taxes, remuneration and social security45€11k€5k▼
Taxes450/3€11k€5k▼
Other amounts payable47/48€36k€37k▲
Accrued charges and deferred income492/3€3k€0▼
Income statement
Code20232024
Operating income70/76A€1.42M€2.05M▲
Turnover70€1.42M€2.05M▲
Other operating income74€150€184▲
Operating charges60/66A€220k€241k▲
Services and other goods61€182k€203k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€34k▲
Other operating charges640/8€4k€4k▲
Operating profit (loss)9901€1.20M€1.81M▲
Financial income75/76B-€44k
Recurring financial income75-€44k
Income from current assets751-€44k
Financial charges65/66B€3k€9k▲
Recurring financial charges65€3k€9k▲
Debt charges650€2k€4k▲
Other financial charges652/9€549€6k▲
Profit (loss) for the period before taxes9903€1.20M€1.84M▲
Income taxes67/77€306k€467k▲
Taxes670/3€306k€467k▲
Tax adjustments and reversals of tax provisions77€81€0▼
Profit (loss) for the period9904€894k€1.37M▲
Profit (loss) for the period to be appropriated9905€894k€1.37M▲
Appropriation of the result
Profit (loss) to be appropriated9906€5.19M€6.56M▲
Profit (loss) brought forward from the previous period14P€4.30M€5.19M▲
The notes to these accounts (32 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 84 days late
2025
27-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
06-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-09
Financial
Liquidity times 7current ratio 31.94
Current ratio from 4.53 to 31.94; short-term debt falls from €214k to €55k.
30-09
Financial
Equity above €5MEq €5.48M ▲19.5%
5 profitable years in a row build equity to €5.48M.
2022
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
30-09
Financial
Liquidity doublescurrent ratio 4.53
Current ratio from 1.88 to 4.53; short-term debt falls from €331k to €214k.
21-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
15-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
22-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Back to profitnet €2.12M
Net result €2.12M after one loss-making year.
30-09
Financial
Liquidity times 10current ratio 2.11
Current ratio from 0.21 to 2.11.
30-09
Financial
Equity above €2MEq €2.72M ▲351%
Equity rises from €603k to €2.72M.
25-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Ardooie · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Roeselaarsestraat 848850 ArdooieGround area
1,889 m²
Building footprint
176 m²
Volume, LiDAR
662 m³
Parcel 36001E1084/00Y000, Flanders · tallest building 13.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Roeselaarsestraat 84, 8850 Ardooie
since 20142.235.121.510
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36001E1084/00Y000 | Flanders | 1,889 m² | 1 · 176 m² | 13.9 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
WATERLOO INVEST
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CONCORDE
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Cellas Group
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DE JOHAN MICHIELSENS HANDELSONDERNEMING
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,382. 1,510 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-09-2014
Fiscal year end30-09
Abbreviation NL
BAT
Activities, NACEBEL
68110Buying and selling of own real estate
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.