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 63 % of short-term debt in 2024; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 32.1 to 14.8.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
Advance Infra from Hamme (Vl.), company number BE0883113536, closed financial year 2024 with a result of € -291,230 after tax. For that financial year Advance Infra recorded a gross margin of € 826,836 and equity of € 110,995. Compared with financial year 2023, the result moved from € 32,796 to € -291,230. The company made a loss. The buffer shrank hard: equity is 72 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2025.
€ 110,995
▼ 72% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -291,230
▼ still € 32,796 profit in 2023
Profit after tax over the fiscal year.
€ 8,034
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 92,445.
People and assets in 2024
14.8
▼ 6.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1 million
▼ 5% vs 2023
€ 67,600 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.
€ 773,700
▲ 3% vs 2023
Of which on lease € 541,807.
Debts at end 2024
€ 1.6 million
▼ 8% vs 2023
€ 235,872 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1.6 million
▲ 78% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 30,309
▼ 46% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,531,633 | € 1,833,779 | € 1,717,332 | € 826,836 | ▼ 52% |
| Profit after taxes | € 4,412 | € 39,610 | € 32,796 | € -291,230 | ▼ € 324,025 |
| Equity | € 329,819 | € 369,429 | € 402,224 | € 110,995 | ▼ 72% |
| Total debts | € 3,315,160 | € 2,871,675 | € 3,085,899 | € 3,688,580 | ▲ 20% |
| Cash | € 18,242 | € 90,865 | € 8,013 | € 8,034 | |
| Land & buildings | € 317,154 | € 270,332 | € 257,150 | € 257,150 | |
| Retained profit | € 311,269 | € 350,879 | € 383,674 | € 92,445 | ▼ 76% |
| Bank debt | € 2,184,054 | € 1,900,582 | € 1,757,476 | € 1,615,341 | ▼ 8% |
| Balance sheet total | € 3,644,979 | € 3,241,103 | € 3,488,123 | € 3,799,575 | ▲ 9% |
| Employees (FTE) | 27.9 | 32.1 | 21.2 | 14.8 | ▼ 6.4 |
Key figures of Advance Infra, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Advance Infra?
What happened at Advance Infra in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Advance Infra is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 291,230 (▼ € 324,025 vs 2023). filed late Source: NBB ↗
- Tom Baeyens became a director. NBB
- New establishment in Hamme (Vl.). KBO
- Start of the company according to the CBE. KBO
In short
From € 4,412 profit in 2021 to € 291,230 loss in 2024.
Paid € 9,756 in corporate taxes since 2021.
Best year ever: 2022, with € 39,610 profit.
On average € 55,900 of value added per employee in 2024.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Advance Infra is Tom Baeyens. Tom Baeyens is also behind Advance Greencare, TransAdvance and Advance Construct.
Directors
According to the 2024 annual accounts
since 2024
Establishments
Establishment units
Physical locations of this company
Hooigat 9
9220 Hamme (Vl.)
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0883.113.536
- VAT number
- BE 0883.113.536
- Registered office
- Hooigat 9, 9220 Hamme (Vl.)
- Names & denominations
- Advance Infra
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 23 August 2006
- Peppol
- Not registered
- Activities · NACE
Landschapsverzorging
Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken
Bouwrijp maken van terreinen
Waterbouw, muv baggerwerken
Algemene elektrotechnische installatiewerken
Overige gespecialiseerde bouwactiviteiten, neg
Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts
Detailhandel in houten bouw- en tuinmaterialen
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