Financials
Financial year 2025
Advices for Technical Systems from Merelbeke-Melle, company number BE0425815647, closed financial year 2025 with a result of € 16.9 million after tax. For that financial year Advices for Technical Systems recorded revenue of € 189.2 million and equity of € 77.5 million. Compared with financial year 2024, the result moved from € 17.2 million to € 16.9 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 11, 2026.
€ 77.5 million
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16.9 million
▼ 1% vs 2024
Profit after tax over the fiscal year.
€ 12.9 million
▲ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 6 million paid out
35 % of the profit went to the shareholders, mostly to Luminus (80 % of the shares). That is where the money ends up.
People and assets in 2025
540.7
▲ 34.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 44.8 million
▲ 10% vs 2024
€ 82,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 7.7 million
▼ 5% vs 2024
Of which on lease € 317,126.
Debts at end 2025
€ 5.7 million
▼ 27% vs 2024
€ 353,459 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 28.6 million
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 83 days on average.
€ 9.3 million
▲ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 149,653,901 | € 185,420,589 | € 178,816,201 | € 189,244,445 | ▲ 6% |
| Profit after taxes | € 8,001,472 | € 10,003,897 | € 17,158,498 | € 16,916,214 | ▼ 1% |
| Equity | € 50,446,860 | € 55,450,756 | € 66,609,254 | € 77,525,469 | ▲ 16% |
| Total debts | € 80,213,480 | € 94,216,230 | € 91,793,167 | € 81,513,348 | ▼ 11% |
| Cash | € 8,966,914 | € 12,919,454 | € 12,719,081 | € 12,865,854 | ▲ 1% |
| Land & buildings | € 11,505,711 | € 10,099,968 | € 9,010,847 | € 9,874,740 | ▲ 10% |
| Retained profit | € 49,155,790 | € 54,159,687 | € 65,318,185 | € 76,234,399 | ▲ 17% |
| Dividend | € 4,500,000 | € 5,000,000 | € 6,000,000 | € 6,000,000 | |
| Bank debt | € 4,430,027 | € 18,727,532 | € 7,860,172 | € 5,747,562 | ▼ 27% |
| Balance sheet total | € 131,081,455 | € 150,389,204 | € 158,795,325 | € 159,561,582 | |
| Employees (FTE) | 474.4 | 489.6 | 506 | 540.7 | ▲ 34.7 |
Key figures of Advices for Technical Systems, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Advices for Technical Systems?
What happened at Advices for Technical Systems in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Simon Vandermersch Management & Investments stepped down as director. NBB
- Smart Dog Management stepped down as director. NBB
- Geert Maes stepped down as director. NBB
- I-Corizon BV stepped down as director. NBB
- LMAS (Leadership and Management Advisory Services) BV stepped down as director. NBB
- Techni-Sales BV stepped down as director. NBB
- Véronique Vansteelandt stepped down as director. NBB
- Marie Sullivan stepped down as director. NBB
In short
From € 8 million profit in 2022 to € 16.9 million profit in 2025.
Paid € 10.4 million in corporate taxes since 2022.
Best year ever: 2024, with € 17.2 million profit.
Paid out € 21.5 million in dividends to the owners in total.
Management
The stake of Luminus comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Advices for Technical SystemsThe shares are held by Luminus (80.4%). It owns 100% of CDL-ENGINEERING, 100% of WESTELEC, 100% of NAESSENS HVAC, 100% of ELEKTRO-TECH V.V.V., 100% of ELEKTRO ANDRE GEVAERT and 100% of ELEKTRIEK itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Christian Corijn
Also active at: Luminus Services Sud
since 2021 · until 2027
LMAS (Leadership and Management Advisory Services) BV
Director · represented by Grégoire Dallemagne
Also active at: ROSSEL & Cie, ORANGE BELGIUM
since 2021 · until 2027
Simon Vandermersch Management & Investments
Managing director · represented by Simon Vandermersch
Also active at: Luminus Services Sud
since 2025 · until 2031
Chairman of the board · represented by René Schepens
Also active at: Tre-Invest, SDM-Technics, OLIVA TECHNICS, ARALT
since 2021 · until 2027
Véronique Vansteelandt
Director
Also active at: Studieburo De Klerck, DE KLERCK ENGINEERING, STUDIEBUREAU RIESSAUW, STUDIEBURO DE KLERCK ENGINEERING SOLUTIONS
since 2021 · until 2027
Marie Sullivan
Director
since 2024 · until 2027
Henri Buenen
Vice-chairman of the board
since 2021 · until 2027
Managing director · represented by Hendrik Aelbrecht
since 2021 · until 2025
Managing director · represented by Filip De Bruyne
since 2025 · until 2031
Geert Maes
Director
since 2025 · until 2031
Shareholders
80.4%
Participations
100%
100%
100%
100%
100%
100%
100%
99.9%
99.8%
99.7%
90%
88.5%
80.3%
80%
80%
80%
80%
72.5%
65%
65%
Establishments
Establishment units
Physical locations of this company
Karel De Roosestraat 15
9820 Merelbeke-Melle
Deinsesteenweg(KRU) 75
9770 Kruisem
Active since 1 July 2007
Langerbruggekaai 15
9000 Gent
Active since 1 January 2019
Zwaarveld 67a
9220 Hamme (Vl.)
Active since 1 January 2021
Rue Al'Trappe 112
4432 Ans
Active since 1 January 2021
Karel de Clercqstraat 38
9042 Gent
Active since 1 January 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →Autrosystems same network
€ 1.9 million gross margin · 2025
All Professional Services same network
€ 4.2 million gross margin · 2025
ATS Brussels same network
€ 16.8 million revenue · 2025
MARKETING CONSULTING ENGINEERING same network
€ 1.1 million revenue · 2025
LOGITRANS BELGIUM same network
€ 1.6 million gross margin · 2025
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.815.647
- VAT number
- BE 0425.815.647
- Registered office
- Karel De Roosestraat 15, 9820 Merelbeke-Melle
- Names & denominations
- Advices for Technical Systems · A.T.S.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 May 1984
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Installatie van industriële machines, toestellen en werktuigen
Vervaardiging van apparaten voor de bewaking van industriële processen
Algemene elektrotechnische installatiewerken
Ontwerpen van computerprogramma’s
Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts
Groothandel in elektrisch materiaal, inclusief installatiemateriaal
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Elektrische installatie
+1