Advices for Technical Systems
0425.815.647 · rovalta.com · 23/09/2026
ACTIVE
Advices for Technical Systems
Financial year 2025 · closed on 31/12/2025
Net result
16,9 M €
-1.4% YoY
Revenue
189,2 M €
+5.8% YoY
Equity
77,5 M €
+16.4% YoY
Workforce
540,7 ETP
+6.9% YoY
Overview
What does Advices for Technical Systems do?
Advices for Technical Systems is a Public limited company incorporated in 1984. Its main activity is: Installation of industrial machinery and equipment. Its registered office is in Merelbeke-Melle. It employs on average 540,7 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0425.815.647
Incorporation
17/05/1984
Legal form
Public limited company
Registered office
Karel De Roosestraat 15
9820 Merelbeke-Melle · FlandreSee on map
9820 Merelbeke-Melle · FlandreSee on map
Contributed capital
1 250 000,00 €
Latest accounts
31/12/2025
Average workforce
540,7 ETP
Activities (NACE)
Joint committees (5)
- 126
- 14901
- 200
- 20201
- 218
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Revenue | 189,2 M € | +5.8% | 178,8 M € | -3.6% | 185,4 M € | +23.9% | 149,7 M € | +8.7% | 137,6 M € | +18.5% | 116,2 M € | -3.9% | 120,9 M € | +7.0% | 112,9 M € | +9.8% | 102,9 M € | +21.3% | 84,8 M € | +10.8% | 76,5 M € | +6.5% | 71,9 M € | +4.5% | 68,8 M € | +5.6% | 65,1 M € | +17.0% | 55,7 M € | -4.4% | 58,2 M € | -9.1% | 64,1 M € | +14.7% | 55,8 M € | +16.3% | 48 M € |
| EBITDA | 20,7 M € | +16.5% | 17,8 M € | +26.2% | 14,1 M € | +15.4% | 12,2 M € | +2.4% | 11,9 M € | -6.1% | 12,7 M € | +23.0% | 10,3 M € | +21.1% | 8,5 M € | +6.9% | 8 M € | +13.2% | 7 M € | +12.7% | 6,2 M € | +13.2% | 5,5 M € | +7.7% | 5,1 M € | +9.7% | 4,7 M € | +0.7% | 4,6 M € | +11.1% | 4,2 M € | -5.5% | 4,4 M € | +17.7% | 3,8 M € | +23.6% | 3 M € |
| Operating result | 13,9 M € | +17.7% | 11,8 M € | +52.5% | 7,8 M € | +3.0% | 7,5 M € | -0.0% | 7,5 M € | -4.5% | 7,9 M € | +21.2% | 6,5 M € | +25.2% | 5,2 M € | +1.4% | 5,1 M € | +24.8% | 4,1 M € | +7.2% | 3,8 M € | +5.1% | 3,6 M € | +4.5% | 3,5 M € | +6.7% | 3,3 M € | +9.1% | 3 M € | +14.3% | 2,6 M € | -8.5% | 2,9 M € | +24.6% | 2,3 M € | +17.9% | 2 M € |
| Net result | 16,9 M € | -1.4% | 17,2 M € | +71.5% | 10 M € | +25.0% | 8 M € | -5.5% | 8,5 M € | +41.6% | 6 M € | +0.1% | 6 M € | +30.4% | 4,6 M € | -0.2% | 4,6 M € | -38.5% | 7,5 M € | +244% | 2,2 M € | -1.2% | 2,2 M € | -18.1% | 2,7 M € | -13.9% | 3,1 M € | +78.2% | 1,7 M € | +17.6% | 1,5 M € | -6.1% | 1,6 M € | +34.3% | 1,2 M € | +23.5% | 952,9 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 77,5 M € | +16.4% | 66,6 M € | +20.1% | 55,5 M € | +9.9% | 50,4 M € | +7.5% | 46,9 M € | +9.2% | 43 M € | +7.5% | 40 M € | +17.6% | 34 M € | +8.2% | 31,4 M € | +9.0% | 28,9 M € | +23.4% | 23,4 M € | +22.3% | 19,1 M € | +10.7% | 17,3 M € | +15.6% | 14,9 M € | +23.2% | 12,1 M € | +13.5% | 10,7 M € | +12.5% | 9,5 M € | +15.6% | 8,2 M € | +11.9% | 7,3 M € |
| Total assets | 159,6 M € | +0.5% | 158,8 M € | +5.6% | 150,4 M € | +14.7% | 131,1 M € | +13.7% | 115,3 M € | +13.4% | 101,7 M € | +12.5% | 90,4 M € | +4.9% | 86,1 M € | +26.5% | 68,1 M € | +9.4% | 62,2 M € | +28.3% | 48,5 M € | +11.5% | 43,5 M € | +13.0% | 38,5 M € | -8.7% | 42,1 M € | +20.4% | 35 M € | +0.2% | 34,9 M € | +2.3% | 34,1 M € | +11.0% | 30,7 M € | +8.5% | 28,3 M € |
| Cash | 12,9 M € | +1.2% | 12,7 M € | -1.6% | 12,9 M € | +44.1% | 9 M € | -51.1% | 18,3 M € | +3.7% | 17,7 M € | +7.9% | 16,4 M € | +11.8% | 14,6 M € | +87.8% | 7,8 M € | +6.6% | 7,3 M € | +220% | 2,3 M € | +199% | 764,6 k € | -54.3% | 1,7 M € | +3.8% | 1,6 M € | -61.7% | 4,2 M € | +109% | 2 M € | -32.3% | 3 M € | +139% | 1,2 M € | +126% | 550,3 k € |
| Debts | 73,2 M € | -7.5% | 79,1 M € | -8.1% | 86,1 M € | +14.6% | 75,1 M € | +12.9% | 66,5 M € | +25.2% | 53,1 M € | +14.0% | 46,6 M € | -5.9% | 49,5 M € | +42.4% | 34,8 M € | +15.5% | 30,1 M € | +26.6% | 23,8 M € | +9.7% | 21,7 M € | +18.4% | 18,3 M € | -26.9% | 25 M € | +24.2% | 20,1 M € | -9.1% | 22,1 M € | -1.5% | 22,5 M € | +6.4% | 21,1 M € | +7.6% | 19,6 M € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 540,7 ETP | +6.9% | 506,0 ETP | +3.3% | 489,6 ETP | +3.2% | 474,4 ETP | +0.9% | 470,2 ETP | +14.4% | 411,0 ETP | +2.8% | 399,9 ETP | +2.0% | 392,1 ETP | +2.2% | 383,5 ETP | +19.4% | 321,3 ETP | +5.0% | 306,0 ETP | +10.9% | 275,8 ETP | -1.2% | 279,2 ETP | +6.6% | 261,9 ETP | +1.9% | 257,0 ETP | -4.4% | 268,9 ETP | -3.8% | 279,5 ETP | +2.5% | 272,6 ETP | -1.8% | 277,7 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 100 M€ and 250 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 10 active · 81 ended
Active mandates
Geert Maes
ActiveActive
Marie Sullivan
ActiveActive
Henri Buenen
ActiveActive
Active
Véronique Vansteelandt
ActiveEnded mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
All Professional Services● Active | 0447.378.252 |
ATS Brussels● Active | 0451.575.679 |
Autrosystems● Active | 0437.588.477 |
CDL-Engineering● Active | 0746.971.165 |
Contronect● Active | 0803.985.092 |
Groep APS-Autrosystems● Active | 1023.549.839 |
LOGITRANS BELGIUM● Active | 0464.747.784 |
MARKETING CONSULTING ENGINEERING● Active | 0452.916.061 |
TM ATS - WYCOR● Active | 1009.388.829 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Consolidated accounts |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 11/06/2026 | 17/06/2025 | 07/06/2024 | 13/06/2023 | 03/06/2022 | 07/06/2021 |
| General meeting | 29/05/2026 | 30/05/2025 | 31/05/2024 | 26/05/2023 | 30/05/2022 | 01/01/9999 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
39 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 29/05/2026 | 11/06/2026 | Dutch | |
| Full model | 31/12/2024 | 30/05/2025 | 17/06/2025 | Dutch | |
| Consolidated accounts | 31/12/2024 | 30/05/2025 | 17/06/2025 | Dutch | |
| Full model | 31/12/2023 | 31/05/2024 | 07/06/2024 | Dutch | |
| Consolidated accounts | 31/12/2023 | 31/05/2024 | 11/06/2024 | Dutch | |
| Full model | 31/12/2022 | 26/05/2023 | 13/06/2023 | Dutch | |
| Consolidated accounts | 31/12/2022 | 26/05/2023 | 14/06/2023 | Dutch | |
| Full model | 31/12/2021 | 30/05/2022 | 03/06/2022 | Dutch | |
| Consolidated accounts | 31/12/2021 | 29/05/2022 | 03/06/2022 | Dutch | |
| Full model | 31/12/2020 | 28/05/2021 | 04/06/2021 | Dutch | |
| Consolidated accounts | 31/12/2020 | 01/01/9999 | 07/06/2021 | Dutch | |
| Full model | 31/12/2019 | 29/05/2020 | 09/06/2020 | Dutch | |
| Consolidated accounts | 31/12/2019 | 29/05/2020 | 12/06/2020 | Dutch | |
| Full model | 31/12/2018 | 31/05/2019 | 07/06/2019 | Dutch | |
| Consolidated accounts | 31/12/2018 | 31/05/2019 | 11/06/2019 | Dutch | |
| Full model | 31/12/2017 | 25/05/2018 | 30/05/2018 | Dutch | |
| Consolidated accounts | 31/12/2017 | 25/05/2018 | 01/06/2018 | Dutch | |
| Full model | 31/12/2016 | 24/05/2017 | 06/06/2017 | Dutch | |
| Consolidated accounts | 31/12/2016 | 24/05/2017 | 06/06/2017 | Dutch | |
| Full model | 31/12/2015 | 27/05/2016 | 03/06/2016 | Dutch | |
| Consolidated accounts | 31/12/2015 | 27/05/2016 | 06/06/2016 | Dutch | |
| Full model | 31/12/2014 | 29/05/2015 | 25/06/2015 | Dutch | |
| Consolidated accounts | 31/12/2014 | 29/05/2015 | 24/06/2015 | Dutch | |
| Full model | 31/12/2013 | 30/05/2014 | 17/06/2014 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 M€ and 250 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 10 active · 81 ended
Active mandates
Geert Maes
ActiveActive
Marie Sullivan
ActiveActive
Henri Buenen
ActiveActive
Active
Véronique Vansteelandt
ActiveEnded mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates07/07/2026ONTSLAGEN - BENOEMINGEN
- Mandates22/07/2025ONTSLAGEN - BENOEMINGEN
- Restructuring10/07/2025RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring26/06/2025RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring12/05/2025RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring24/02/2025RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Mandates14/02/2025ONTSLAGEN - BENOEMINGEN
- Restructuring08/01/2025KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202516,9 M €↓
- 26/06/2025split
- 01/06/2025nominationGeert Maes — bestuurder
- 01/06/2025nominationSmart Dog Management BV — bestuurder
- 01/06/2025nominationSimon Vandermersch Management & Investment BV — bestuurder
- 01/06/2025nominationSmart Dog Management BV — gedelegeerd bestuurder (co-gedelegeerd bestuurder / co-CEO)
- 28/05/2025autre
- 2024Annual accounts 202417,2 M €↑
- 20/12/2024autre
- 22/03/2024nominationMarie Sullivan — bestuurder van klasse B
- 2024Name changeAdvices for Technical Systems (A.T.S.)
- 2023Annual accounts 202310 M €↑
- 2023Name changeATS nv
- 2022Annual accounts 20228 M €↓
- 17/06/2022autre
- 2021Annual accounts 20218,5 M €↑
- 2021Name changeA.T.S.
- 2020Annual accounts 20206 M €↑
- 2019Annual accounts 20196 M €↑
- 2018Annual accounts 20184,6 M €↓
- 2017Annual accounts 20174,6 M €↓
- 2016Annual accounts 20167,5 M €↑
- 2015Annual accounts 20152,2 M €↓
- 2013Annual accounts 20132,2 M €↓
- 2012Annual accounts 20122,7 M €↓
- 2011Annual accounts 20113,1 M €↑
- 2010Annual accounts 20101,7 M €↑
- 2009Annual accounts 20091,5 M €↓
- 2008Annual accounts 20081,6 M €↑
- 2007Annual accounts 20071,2 M €↑
- 2006Annual accounts 2006952,9 k €
- 17/05/1984IncorporationPublic limited company