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Added Value Industrial Services

Active
Private limited companyfounded 2020active for 6 yearsBoterhamvaartweg 2, 2030 Antwerpen, BelgiumKBO/BCE: BE 0754.656.238
Summary

The computed 12-month bankruptcy probability of Added Value Industrial Services is 5.7% (elevated). The 2024 annual accounts show equity of €545,431 and a net result of €35,688. Equity has been growing by about 17% per year since 2021. Its solvency ranks better than 24% of 136 sector peers (NACE 27, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 21-09-2020 Normal situation
Registered office
28 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 4 November 2026.
Activity
Manufacture of electrical equipment NACE 27110and 5 others
Establishment unit
2.307.783.715 8790 Waregem, since 21-09-2020
Financial year end
31 December
Peppol
Reachable since 09-03-2026

Board and ownership

Board

Financial position

36 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.7%
Annual accounts 2024
Gross margin
€1.6m
▲ 21.7%
Turnover
≈ €2.7m
estimated
Profit
€35,688
▲ 879%
Equity
€545,431
▲ 7.0%
Total assets
€2.5m
▲ 4.4%
Employees on 31-12-2024
18
▲ 12.5%
  • 2025 accounts not filed, 97 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 07-08-2025)Size: 16.9 FTE, total assets €2.5m1 financial year not filed after the legal deadline; last filed accounts filed 6 days late; 1 of the last 3 accounts lateLiquidity: current ratio 1.22, cash €9,468, halvedShow the evidence

Checked score

Score 2024
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 33% of small companies in electrical equipment (NACE 27)
Financial strength · tick: 2023
Weak
Solvency 47=
equity 22.2% of total assets
Liquidity 16-10
short-term debt 65.2% · cash 0.4%
Profitability 55-12
return on assets 1.5%
Bankruptcy probability within 12 months
5.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (92 companies, NACE 27, small)
Last 24 months 12-2024: 2.1% 01-2025: 2.0%▼ -0.1 percentage points vs 12-2024 02-2025: 2.0%● unchanged vs 01-2025 03-2025: 2.1%▲ +0.1 percentage points vs 02-2025 04-2025: 2.0%▼ -0.1 percentage points vs 03-2025lowest value 05-2025: 2.0%● unchanged vs 04-2025 06-2025: 2.2%▲ +0.2 percentage points vs 05-2025 07-2025: 2.4%▲ +0.2 percentage points vs 06-2025 08-2025: 3.1%▲ +0.7 percentage points vs 07-2025 09-2025: 3.0%▼ -0.1 percentage points vs 08-2025 10-2025: 3.0%● unchanged vs 09-2025 11-2025: 3.0%● unchanged vs 10-2025 12-2025: 3.0%● unchanged vs 11-2025 01-2026: 2.9%▼ -0.1 percentage points vs 12-2025 02-2026: 2.9%● unchanged vs 01-2026 03-2026: 3.2%▲ +0.3 percentage points vs 02-2026 04-2026: 3.2%● unchanged vs 03-2026 05-2026: 3.1%▼ -0.1 percentage points vs 04-2026 06-2026: 3.2%▲ +0.1 percentage points vs 05-2026 07-2026: 3.5%▲ +0.3 percentage points vs 06-2026 08-2026: 4.3%▲ +0.8 percentage points vs 07-2026 09-2026: 4.4%▲ +0.1 percentage points vs 08-2026 10-2026: 5.7%▲ +1.3 percentage points vs 09-2026highest value 11-2026: 5.7%● unchanged vs 10-2026highest value
Credit of up to €19,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.22 (1.41 in 2023), below the usual 1.5. Short-term debt is 65.2% and cash 0.4% of total assets. 77.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 27, small). It does better than 22% of them on solvency, 11% on liquidity, 41% on profitability and 58% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2024.

Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Seven signals.
raises risk
raises risk · Figures for financial year 2024 (filed on 07-08-2025)
NBB · annual accounts
raises risk · Size: 16.9 FTE, total assets €2.5m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 6 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 1.22, cash €9,468, halved
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 136 sector peers (2024).
NBB · sector comparison
Position among 136 sector peers
Solvency
better than 24%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 97 days later.
NBB · 4 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline05-11-2026 today
raises risk · 2024 accounts filed 6 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-08-2025, 6 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
6 days late
2023
30 days late
2022
31 days late
2021
18 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 21 days after the deadline. In the sector (NACE 27), the median for financial year 2024 was 6 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Board changedlatest change 01-07-2026 · 1 in office 1 joined · 1 left View
  • Higher gross margin than 80% of companies in electrical equipmentsector median €444,223 · 137 companies €1.6m View

Recent changes

  1. · Gazette deed Appointment: Manu Lauryssen (veiligheidsofficier)
  2. · Gazette deed Resignation: Steven Van Wambeke-Lauryssen (director)
  3. · Gazette deed Resignation: Peter Buydens (director)Issue of 950 shares · Appointment: JAIN Amit (director) · “Activiteiten in de machinebouw,-ontwikkeling en --onderhoud en in de distributie van onderdelen,meer specifiek…” (deed in Dutch)
All 11 events

Comparable companies

These companies have the same main activity as Added Value Industrial Services: manufacture of electrical equipment (NACE 27110). They are comparable in size and age: total assets between €1.5m and €7.3m, founded between 2012 and 2020.

CompanyTotal assetsGross margin
Added Value Industrial Services Antwerpen€2.5m€1.6m
CTESO Oudsbergen€1.5m€1.5m
REMOTECH Zwevegem€6.3m€1.9m
EREA ENERGY ENGINEERING Wijnegem€2.1m€2.1m
Sun Eco Herentals€7.3m€2.7m
BOBININDUS POWER SYSTEMS Puurs-Sint-Amands€4.7m€2.3m
NEAR GRID SOLUTIONS Lokeren€2.1m€0.8m
Full comparison

Key facts about Added Value Industrial Services

What is the company number of Added Value Industrial Services?
The company number of Added Value Industrial Services is 0754.656.238. The VAT number is the same number with BE in front: BE 0754.656.238.
Where is Added Value Industrial Services based?
The registered office is at Boterhamvaartweg 2, 2030 Antwerpen.Company details
What does Added Value Industrial Services do?
According to the KBO register, the main activity is manufacture of electrical equipment (NACE 27110).
What is the legal form of Added Value Industrial Services?
The legal form of Added Value Industrial Services is Private limited company (BV).
When was Added Value Industrial Services founded?
Added Value Industrial Services was founded on 21-09-2020.
Is Added Value Industrial Services still active?
Yes, Added Value Industrial Services is an active enterprise in the KBO register.
How many employees does Added Value Industrial Services have?
Added Value Industrial Services had an average of 16.9 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of Added Value Industrial Services?
The turnover in financial year 2024 is ≈ €2.7m. This figure is estimated from the gross margin of €1.6m and 1,584 comparable companies of the same size. It probably lies between €1.8m and €4.4m. It is a rough estimate.
Is Added Value Industrial Services profitable?
In financial year 2024, Added Value Industrial Services made a profit of €35,688.
Where can I find the annual accounts of Added Value Industrial Services?
Added Value Industrial Services filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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