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ProcessAutomation

Active
Private limited companyfounded 200719 yrs activeRue de la Petite Doucette 33, 4041 Herstal, BelgiumKBO/BCE: BE 0891.360.615
Summary

ProcessAutomation has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €556,106 and a net result of €301,699. Equity is growing by ~19.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).

Risk analysisWatch ReportCompare
ProcessAutomationActiveChecked score 75/100
Risk analysis ReportCompare

Overview

What they do
General electrical installation work
NACE 43211NACE 45310Engineering and related technical consultancy, excluding land surveyors NACE 71121
1 site
How big
€1.4mtotal assets 2024
Staff
2.2 FTE
Equity
€556,106
Profit
€301,699
Financially healthy?
75 Excellent Checked score 2024
Bankruptcy chance 12 m
0.9%
Who decides
Accounts 33 d early0 of 3 deeds read
Why 75- Higher-failure-rate sector- Higher-failure-rate region+ Long track recordLatest accounts filed on timeShow the evidence

Checked score

Score 2024
75 / 100
Excellent
Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability96▲+1
Solvency65▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 1.68 against 1.5 in 2023; short-term debt: 51.1% and cash: 31.7% of total assets), but 59.9% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 19 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 28-06-2026, 33 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
33 d early
2024
2 d early
2023
31 d late
2022
62 d early
2021
61 d late
2020
31 d late
2019
153 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 26 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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 29 July (4 of the last 5 filed years within 60 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Equity above €500,000Eq €556,106 ▲12.8%

Key points

  • Positive: 7 profitable years in a rowprofit 2024: €301,699 7 years View
  • Total assets 20246 fiscal years filed €1.4m View
  • Active since 2007founded 09-08-2007 19 years View

By topic

Financials

Fiscal year
2024
Total assets
€1.4m
Profit
€301,699
Solvency
40.1%
Total assets▼ 4.2%
Net result
20182024
Go to Financials

Timeline

Events
12
Since
2017
Next accounts
by 31-07-2027
  1. 28-06-2026Annual accounts filed
  2. 29-07-2025Annual accounts filed
  3. 31-12-2024Equity above €500,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
09-08-2007
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark

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