ACTIVE

Advanced Technical Solutions

Financial year 2025 · closed on 31/12/2025
Net result
-35,0 k €
-62.9% YoY
Gross margin
56,7 k €
-29.5% YoY
Equity
183,3 k €
-16.0% YoY

What does Advanced Technical Solutions do?

Advanced Technical Solutions is a Private limited company incorporated in 2005. Its main activity is: Computer programming activities. Its registered office is in Kortrijk.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0875.840.021
Incorporation
02/09/2005
Legal form
Private limited company
Registered office
Ter Duinenstraat(Mar) 24
8510 Kortrijk · FlandreSee on map
Contributed capital
18 550,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 218
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin56,7 k €80,5 k €211,0 k €150,2 k €108,6 k €140,0 k €88,0 k €80,1 k €64,2 k €54,0 k €46,9 k €35,7 k €18,8 k €59,4 k €60,4 k €15,1 k €4,3 k €5,9 k €710,8 €-20,6 k €
EBITDA4,8 k €20,4 k €106,1 k €71,6 k €64,2 k €105,8 k €44,4 k €64,9 k €63,7 k €53,6 k €45,2 k €33,9 k €18,0 k €57,3 k €58,4 k €13,8 k €3,8 k €5,4 k €493,2 €-50,9 k €
Operating result-35,5 k €-20,0 k €74,5 k €45,1 k €48,4 k €90,6 k €25,3 k €46,9 k €47,8 k €37,6 k €31,0 k €21,6 k €5,7 k €45,0 k €46,9 k €8,4 k €2,4 k €3,1 k €-1,9 k €-55,7 k €
Net result-35,0 k €-21,5 k €50,5 k €28,2 k €31,8 k €63,5 k €13,5 k €34,0 k €29,5 k €23,1 k €18,2 k €12,0 k €-212,7 €29,6 k €32,4 k €8,3 k €2,4 k €3,1 k €-1,1 k €-56,1 k €
Balance sheet
Equity183,3 k €218,3 k €239,9 k €189,4 k €182,6 k €150,9 k €87,4 k €73,8 k €119,8 k €90,3 k €67,2 k €49,0 k €37,0 k €88,6 k €59,0 k €26,6 k €18,4 k €15,9 k €12,8 k €13,9 k €
Total assets331,4 k €401,2 k €448,6 k €388,5 k €332,6 k €313,9 k €205,3 k €229,5 k €231,2 k €236,1 k €209,8 k €150,9 k €140,3 k €200,3 k €166,6 k €50,6 k €24,8 k €17,9 k €12,8 k €15,2 k €
Cash133,8 k €123,4 k €49,9 k €42,1 k €31,2 k €55,3 k €9,0 k €59,1 k €58,8 k €46,0 k €37,5 k €5,7 k €6,2 k €42,0 k €23,4 k €7,2 k €16,2 k €10,0 k €4,0 k €7,7 k €
Debts148,1 k €182,9 k €208,8 k €199,1 k €149,9 k €163,0 k €117,9 k €155,7 k €111,4 k €145,8 k €142,5 k €101,9 k €103,3 k €111,7 k €107,6 k €23,9 k €6,4 k €2,0 k €1,3 k €
Other
Workforce0,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Wouter Puype

Director

Active

Ended mandates

Margriet Dewandel

Manager · since 19 mai 2006

Ended
Wouter Puype

Administrator - manager

Ended
WOUTER PUYPE

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date21/08/202629/08/202529/08/202428/09/202320/09/202214/09/2021
General meeting14/08/202622/08/202516/08/202422/09/202303/06/202204/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202514/08/202621/08/2026DutchPDF
Micro model31/12/202422/08/202529/08/2025DutchPDF
Micro model31/12/202316/08/202429/08/2024DutchPDF
Micro model31/12/202222/09/202328/09/2023DutchPDF
Micro model31/12/202103/06/202220/09/2022DutchPDF
Micro model31/12/202004/06/202114/09/2021DutchPDF
Micro model31/12/201905/06/202030/09/2020DutchPDF
Micro model31/12/201807/06/201922/07/2019DutchPDF
Micro model31/12/201701/06/201823/07/2018DutchPDF
Micro model31/12/201602/06/201705/09/2017DutchPDF
Abridged model31/12/201503/06/201631/08/2016DutchPDF
Abridged model31/12/201405/06/201531/08/2015DutchPDF
Abridged model31/12/201306/06/201418/07/2014DutchPDF
Abridged model31/12/201207/06/201319/07/2013DutchPDF
Abridged model31/12/201101/06/201226/06/2012DutchPDF
Abridged model31/12/201003/06/201125/08/2011DutchPDF
Abridged model31/12/200904/06/201029/06/2010DutchPDF
Abridged model31/12/200805/06/200920/08/2009DutchPDF
Abridged model31/12/200706/06/200801/07/2008DutchPDF
Abridged model31/12/200601/06/200721/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Wouter Puype

Director

Active

Ended mandates

Margriet Dewandel

Manager · since 19 mai 2006

Ended
Wouter Puype

Administrator - manager

Ended
WOUTER PUYPE

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office22/07/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares08/04/2013
    KAPITAAL - AANDELEN
    PDF
  • Mandates23/09/2010
    MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates20/06/2006
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other09/09/2005
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-35,0 k €
  2. 2024
    Annual accounts 2024-21,5 k €
  3. 2023
    Annual accounts 202350,5 k €
  4. 2022
    Annual accounts 202228,2 k €
  5. 2021
    Annual accounts 202131,8 k €
  6. 2020
    Annual accounts 202063,5 k €
  7. 2019
    Annual accounts 201913,5 k €
  8. 2018
    Annual accounts 201834,0 k €
  9. 2017
    Annual accounts 201729,5 k €
  10. 2016
    Annual accounts 201623,1 k €
  11. 2015
    Annual accounts 201518,2 k €
  12. 2014
    Annual accounts 201412,0 k €
  13. 2013
    Annual accounts 2013-212,7 €
  14. 2012
    Annual accounts 201229,6 k €
  15. 2011
    Annual accounts 201132,4 k €
  16. 2010
    Annual accounts 20108,3 k €
  17. 2009
    Annual accounts 20092,4 k €
  18. 2008
    Annual accounts 20083,1 k €
  19. 2007
    Annual accounts 2007-1,1 k €
  20. 2006
    Annual accounts 2006-56,1 k €
  21. 02/09/2005
    IncorporationPrivate limited company