Skip to content

Advices for Technical Systems

Active
Public limited companyfounded 1984active for 42 yearsKarel De Roosestraat 15, 9820 Merelbeke-Melle, BelgiumKBO/BCE: BE 0425.815.647
Summary

Advices for Technical Systems has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €77.5m and a net result of €16.9m. Equity has been growing by about 11% per year since 2018. Its solvency ranks better than 58% of 2,445 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 17-05-1984 Normal situation
Registered office
10 active companies are registered at this address Source: KBO register, as of 3 November 2026.
Activity
General electrical installation work NACE 43211and 5 others
Joint committees
149.01 Paritair Subcomité voor de elektriciens: installatie en distributie
202.01 Paritair Subcomité voor de middelgrote levensmiddelenbedrijven · annual accounts 2025
Establishment units
2.024.816.305 9820 Merelbeke-Melle, since 28-05-1984
2.169.981.753 9770 Kruisem, since 01-07-2007and 4 others
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • Buenen HenriDirector · since 28-05-2021
  • LMAS (Leadership and Management Advisory Services) BVDirector · since 28-05-2021
  • Techni-Sales BVDirector · since 28-05-2021
and 5 others
Auditor
B M S & C° BVBA
Shareholders
  • Luminus· score 932025 annual accounts of Luminus

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Turnover
€189.2m
▲ 5.8%
Profit
€16.9m
▼ 1.4%
Equity
€77.5m
▲ 16.4%
Total assets
€159.6m
▲ 0.5%
Employees on 31-12-2025
556
▲ 6.5%
Standalone figures, without subsidiaries
Group, consolidated 2025: turnover €388.9m, result €25.9m
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskSize: turnover €189.2m, 540.7 FTE, total assets €159.6m, files consolidated accountsFounded in 1984Equity €77.5m (48.6% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 78% of large companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 74+7
equity 48.6% of total assets
Liquidity 38+3
short-term debt 45.7% · cash 8.1%
Profitability 76+1
return on assets 10.6%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.3% (35 companies, NACE 43, large)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025highest value 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €7,400,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.81 (0.8 in 2024), below 1. Short-term debt is 45.7% and cash 8.1% of total assets. 51.4% 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 43, large). It does better than 94% of them on solvency, 69% on liquidity, 91% on profitability and 58% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: turnover €189.2m, 540.7 FTE, total assets €159.6m, files consolidated accounts
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 1984
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €77.5m (48.6% of total assets)
NBB · annual accounts
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 11-06-2026, 50 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
50 days early
2024
44 days early
2023
54 days early
2022
48 days early
2021
58 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 51 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Largest employer in Merelbeke-Melle, Construction sectorin the Checked rankings No. 1 View
  • 3 restructurings since 2025latest: merger with ENM B.V. 3 View
  • Positive: 8 profitable years in a rowprofit 2025: €16.9m 8 years View
  • Board changedlatest change 01-06-2026 · 8 in office 1 joined · 1 left View
  • Flemish supportawarded from 2022 to 2025 €270,557 View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View

Recent changes

  1. · Gazette deed 1 director appointed, 1 director resigningResignation: I-Corizon (managing director) · Appointment: Simon Vandermersch Management & Investments BV (managing director) · Reappointment: BMS&C° (statutory auditor)
  2. · Gazette deed 3 directors appointed, 1 director resigningResignation: A & H Services BV (director and managing director) · Appointments: Geert Maes, Smart Dog Management BV and Simon Vandermersch Management & Investment BV · Permanent representatives: Hendrik Aelbrecht, Filip De Bruyne and 4 others
  3. · Gazette deed Merger: ADVICES for TECHNICAL SYSTEMS takes over ENMResignation: bestuurders (director)
All 27 events

Companies linked to Advices for Technical Systems

Comparable companies

These companies have the same main activity as Advices for Technical Systems: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €52m and €160m, founded between 1960 and 1991.

CompanyTotal assetsTurnover
Advices for Technical Systems Merelbeke-Melle€159.6m€189.2m
JACOPS Deerlijk€160.1m€271.1m
EEG Wevelgem€84.0m€158.7m
V.M.A. Sint-Martens-Latem€83.7m€106.8m
CEGELEC Brussel€101.7m€165.6m
ELECTROTECHNIQUE ET MECANIQUE PUTMAN FRERES Anderlecht€58.8m€82.3m
COLLIGNON ENG. Erezée€51.8m€87.9m
Full comparison

Key facts about Advices for Technical Systems

What is the company number of Advices for Technical Systems?
The company number of Advices for Technical Systems is 0425.815.647. The VAT number is the same number with BE in front: BE 0425.815.647.
Where is Advices for Technical Systems based?
The registered office is at Karel De Roosestraat 15, 9820 Merelbeke-Melle.Company details
What does Advices for Technical Systems do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of Advices for Technical Systems?
The legal form of Advices for Technical Systems is Public limited company (NV).
When was Advices for Technical Systems founded?
Advices for Technical Systems was founded on 17-05-1984.
Is Advices for Technical Systems still active?
Yes, Advices for Technical Systems is an active enterprise in the KBO register.
How many employees does Advices for Technical Systems have?
Advices for Technical Systems had an average of 540.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Advices for Technical Systems fall under?
In its 2025 annual accounts, Advices for Technical Systems states joint committees 149.01 (Paritair Subcomité voor de elektriciens: installatie en distributie) and 202.01 (Paritair Subcomité voor de middelgrote levensmiddelenbedrijven).
What is the turnover of Advices for Technical Systems?
The turnover of Advices for Technical Systems was €189.2m in financial year 2025, according to the filed annual accounts.
Is Advices for Technical Systems profitable?
In financial year 2025, Advices for Technical Systems made a profit of €16.9m.
Where can I find the annual accounts of Advices for Technical Systems?
Advices for Technical Systems filed 66 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Advices for Technical Systems due?
Advices for Technical Systems must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.