Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
A-Cluster from Montigny-le-Tilleul, company number BE0733842117, closed financial year 2025 with a result of € -624 after tax. For that financial year A-Cluster recorded a gross margin of € -2,851 and equity of € 42,083. Compared with financial year 2024, the result moved from € 2,220 to € -624. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 1, 2026.
€ 42,083
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -624
▼ still € 2,220 profit in 2024
Profit after tax over the fiscal year.
€ 4,063
▼ 40% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 22,083.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 41,519
▲ 36% vs 2024
Loans from banks and other lenders, long and short.
€ 3,375
▼ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 4,035 | € 3,388 | € -1,954 | € -2,851 | ▼ € 897 |
| Profit after taxes | € 7,246 | € 6,576 | € 2,220 | € -624 | ▼ € 2,844 |
| Equity | € 33,911 | € 40,487 | € 42,707 | € 42,083 | ▼ 1% |
| Total debts | € 166,815 | € 123,668 | € 91,487 | € 64,771 | ▼ 29% |
| Cash | € 15,835 | € 13,777 | € 6,727 | € 4,063 | ▼ 40% |
| Retained profit | € 13,911 | € 20,487 | € 22,707 | € 22,083 | ▼ 3% |
| Bank debt | € 28,708 | € 28,681 | € 30,572 | € 41,519 | ▲ 36% |
| Balance sheet total | € 200,726 | € 164,156 | € 134,194 | € 106,854 | ▼ 20% |
Key figures of A-Cluster, 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 A-Cluster?
What happened at A-Cluster in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 624 (▼ € 2,844 vs 2024). filed late Source: NBB ↗
- New establishment in Ottignies-Louvain-la-Neuve. KBO
- Alexandru NOVINSCHI became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 7,246 profit in 2022 to € 624 loss in 2025.
Paid € 5,126 in corporate taxes since 2022.
Best year ever: 2022, with € 7,246 profit.
Management
Behind A-Cluster is Alexandru NOVINSCHI. Alexandru NOVINSCHI is also behind LIGA, ALTAIR ENERGY PARTNERS and Advanced Technology Solutions.
Directors
According to the 2025 annual accounts
Alexandru NOVINSCHI
Director
Also active at: LIGA, ALTAIR ENERGY PARTNERS, Advanced Technology Solutions
since 2019
Establishments
Establishment units
Physical locations of this company
Rue Beaucory 15
6110 Montigny-le-Tilleul
Place de l'Université 16
1348 Ottignies-Louvain-la-Neuve
Active since 1 October 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0733.842.117
- VAT number
- BE 0733.842.117
- Registered office
- Rue Beaucory 15, 6110 Montigny-le-Tilleul
- Names & denominations
- A-Cluster
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 September 2019
- Peppol
- Active · Active since 5 Dec 2025
- Contact
- [email protected]
- Activities · NACE
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