Value Ash Technologies
ActiveValue Ash Technologies has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-409k) and a net result of €-111k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 309 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
26
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-4
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.45 against 0.77 in 2024; short-term debt: 93.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-197.3%
Return on assets
-53.5%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
18192021232425
2018 to 2025 · latest year €-409k
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 19-07-2026, 12 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
12 d early
2024
24 d early
2023
26 d late
2022
on the day
2021
44 d early
2020
58 d early
2019
51 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-111k▼ 122%
2024 · €-50k
2018: €-127k
2019: €-12k
2020: €-12k
2021: €61k
2023: €-104k
2024: €-50k
2018 → 2025
Working capital
€-107k▼ 33.7%
2024 · €-80k
2018: €-90k
2019: €-116k
2020: €-77k
2021: €-39k
2023: €-59k
2024: €-80k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Equity€11k-€3k▼ 69.9%€-218k€-287k▼ 31.4%€-409k▼ 42.6%
Operating result€-110k-€-6k▲ 94.6%€-128k▼ 2,054%€-65k▲ 49.0%€-80k▼ 23.2%
Net result€-12k-€61k€-104k€-50k▲ 52.0%€-111k▼ 122%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €80k in 2025 against €65k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €207k
Fixed assets
€120k▼ 21.6%
Current assets
€87k▼ 67.4%
Key figures and ratios
EBITDA
€-40k▼
2024 · €-25k
Cash flow
€-71k▼
2024 · €-10k
Solvency
-197.3%▼
2024 · -68.3%
Current ratio
0.45▼
2024 · 0.77
Quick ratio
0.22▲
2024 · 0.09
Debt / equity
-1.51▲
2024 · -2.46
ROA
-53.5%▼
2024 · -11.9%
Interest coverage
-0.96▲
2024 · -7.51
Debt
€617k▼
2024 · €707k
Debt ≤ 1 year
€194k▼
2024 · €347k
Debt > 1 year
€423k▲
2024 · €361k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€420k€207k▼
Fixed assets21/28€153k€120k▼
Intangible fixed assets21€150k€117k▼
Financial fixed assets28€3k€3k=
Current assets29/58€267k€87k▼
Stocks and contracts in progress3€234k€45k▼
Stocks30/36€234k€45k▼
Amounts receivable within one year40/41€33k€42k▲
Other amounts receivable41€33k€42k▲
Equity and liabilities
Total equity and liabilities10/49€420k€207k▼
Equity10/15€-287k€-409k▼
Contributions10/11€282k€282k=
Capital10€282k€282k=
Issued capital100€282k€282k=
Profit (loss) carried forward14€-601k€-712k▼
Investment grants15€32k€21k▼
Amounts payable17/49€707k€617k▼
Amounts payable after more than one year17€361k€423k▲
Financial debts170/4€361k€423k▲
Amounts payable within one year42/48€347k€194k▼
Financial debts43€43k€110k▲
Credit institutions430/8€25k€25k▼
Other loans439€18k€85k▲
Trade debts44€74k€51k▼
Suppliers440/4€74k€51k▼
Advances received on contracts in progress46€208k€15k▼
Other amounts payable47/48€21k€17k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€40k▲
Other operating charges640/8€591€582▼
Gross operating margin9900€-25k€-39k▼
Operating profit (loss)9901€-65k€-80k▼
Financial income75/76B€19k€11k▼
Recurring financial income75€19k€11k▼
Financial charges65/66B€3k€42k▲
Recurring financial charges65€3k€42k▲
Profit (loss) for the period before taxes9903€-50k€-111k▼
Profit (loss) for the period9904€-50k€-111k▼
Profit (loss) for the period to be appropriated9905€-50k€-111k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-601k€-712k▼
Profit (loss) brought forward from the previous period14P€-551k€-601k▼
The notes to these accounts (8 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
19-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €61k
Net result €61k after 3 loss-making years.
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Antwerpen · 1 establishment unit since 2015
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.
Oosterveldlaan 1962610 AntwerpenGround area
190 m²
Building footprint
70 m²
Volume, LiDAR
581 m³
Parcel 11051C0243/00E002, Flanders · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Value Ash Technologies
since 20152.241.502.031
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11051C0243/00E002 | Flanders | 190 m² | 1 · 70 m² | 9.8 m · 3 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.
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Of 346 companies in sector 28990 we hold annual accounts for 278. 33 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-04-2015
Fiscal year end31-12
Activities, NACEBEL
28990Manufacture of machinery and equipment not elsewhere classified
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.