B.TECH
ActiveSummary
B.TECH has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €837k and a net result of €14k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 95% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71=
Solvency100=
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 11.05 against 5.22 in 2024; short-term debt: 3.9% and cash: 43.7% of total assets), and 3.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
96.1%
Return on assets
1.6%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
8 d late
2023
20 d late
2022
25 d late
2021
5 d late
2020
31 d late
2019
89 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€14k▼ 0.1%
2024 · €14k
2018: €44khighest in 8 years
2019: €23k▼ -47.3% vs 2018
2020: €23k▼ -2.3% vs 2019
2021: €16k▼ -31.8% vs 2020
2022: €5k▼ -66.8% vs 2021lowest in 8 years
2023: €20k▲ +282% vs 2022
2024: €14k▼ -27.4% vs 2023
2025: €14k▼ -0.1% vs 2024
2018 → 2025
Working capital
€346k▲ 1.8%
2024 · €340k
2018: €105k
2019: €71k▼ -32.9% vs 2018lowest in 8 years
2020: €104k▲ +46.9% vs 2019
2021: €182k▲ +75.5% vs 2020
2022: €246k▲ +35.3% vs 2021
2023: €333k▲ +35.2% vs 2022
2024: €340k▲ +2.2% vs 2023
2025: €346k▲ +1.8% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€900k-€905k▲ 0.6%€925k▲ 2.2%€868k▼ 6.2%€837k▼ 3.5%
2021: €900k
2022: €905k▲ +0.6% vs 2021
2023: €925k▲ +2.2% vs 2022highest in 5 years
2024: €868k▼ -6.2% vs 2023
2025: €837k▼ -3.5% vs 2024lowest in 5 years
Operating result€24k-€28k▲ 16.1%€30k▲ 7.3%€22k▼ 27.3%€21k▼ 3.8%
2021: €24k
2022: €28k▲ +16.1% vs 2021
2023: €30k▲ +7.3% vs 2022highest in 5 years
2024: €22k▼ -27.3% vs 2023
2025: €21k▼ -3.8% vs 2024lowest in 5 years
Net result€16k-€5k▼ 66.8%€20k▲ 282%€14k▼ 27.4%€14k▼ 0.1%
2021: €16k
2022: €5k▼ -66.8% vs 2021lowest in 5 years
2023: €20k▲ +282% vs 2022highest in 5 years
2024: €14k▼ -27.4% vs 2023
2025: €14k▼ -0.1% vs 2024
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 4% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €872k
Fixed assets
€491k ▼ 7.0%
Current assets
€381k ▼ 9.5%
Equity and liabilities €872k
Equity
€837k ▼ 3.5%
Debt
€34k ▼ 57.3%
Debt's share of the balance-sheet total falls from 8.5% to 3.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€87k▲
2024 · €86k
Cash flow
€81k▲
2024 · €79k
Current ratio
11.05▲
2024 · 5.22
Debt to equity
0.04▼
2024 · 0.09
ROE
1.7%▲
2024 · 1.7%
ROA
1.6%▲
2024 · 1.5%
Interest coverage
2967.74▼
2024 · 3077.11
Debt ≤ 1 year
€34k▼
2024 · €81k
Income taxes
€6k▼
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€949k€872k▼
Fixed assets21/28€528k€491k▼
Tangible fixed assets22/27€528k€491k▼
Land and buildings22€523k€460k▼
Plant, machinery and equipment23€5k€31k▲
Current assets29/58€421k€381k▼
Amounts receivable within one year40/41-€30
Trade receivables40-€30
Cash at bank and in hand54/58€421k€381k▼
Equity and liabilities
Total equity and liabilities10/49€949k€872k▼
Equity10/15€868k€837k▼
Contributions10/11€747k€747k=
Reserves13€121k€90k▼
Distributable reserves133€121k€90k▼
Amounts payable17/49€81k€34k▼
Amounts payable within one year42/48€81k€34k▼
Trade debts44-€29
Suppliers440/4-€29
Taxes, remuneration and social security45€30k€12k▼
Taxes450/3€30k€12k▼
Other amounts payable47/48€50k€22k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64k€66k▲
Other operating charges640/8€9k€9k▲
Gross operating margin9900€95k€96k▲
Operating profit (loss)9901€22k€21k▼
Financial charges65/66B€28€29▲
Recurring financial charges65€28€29▲
Profit (loss) for the period before taxes9903€22k€21k▼
Income taxes67/77€7k€6k▼
Profit (loss) for the period9904€14k€14k▼
Profit (loss) for the period to be appropriated9905€14k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€14k▼
Transfer from equity791/2€189k€81k▼
Transfer to equity691/2€132k€51k▼
To other reserves6921€132k€51k▼
Profit to be distributed694/7€71k€45k▼
Return on contributions (dividend)694€71k€45k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €70k | €67k | €67k | €64k | €66k | ▲ 3.3% |
| Other operating charges640/8 | - | €8k | €8k | €9k | €9k | ▲ 4.4% |
| Gross operating margin9900 | €94k | €102k | €105k | €95k | €96k | ▲ 1.8% |
| Operating profit (loss)9901 | €24k | €28k | €30k | €22k | €21k | ▼ 3.8% |
| Financial charges65/66B | €148 | €8k | €49 | €28 | €29 | ▲ 5.3% |
| Recurring financial charges65 | €148 | €5k | €22 | €28 | €29 | ▲ 5.3% |
| Non-recurring financial charges66B | - | €3k | €28 | - | - | - |
| Profit (loss) for the period before taxes9903 | €24k | €19k | €30k | €22k | €21k | ▼ 3.8% |
| Income taxes67/77 | €8k | €14k | €10k | €7k | €6k | ▼ 11.2% |
| Profit (loss) for the period9904 | €16k | €5k | €20k | €14k | €14k | ▼ 0.1% |
| Profit (loss) for the period to be appropriated9905 | €16k | €5k | €20k | €14k | €14k | ▼ 0.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €908k | €920k | €938k | €949k | €872k | ▼ 8.1% |
| Fixed assets21/28 | €718k | €659k | €592k | €528k | €491k | ▼ 7.0% |
| Tangible fixed assets22/27 | €718k | €659k | €592k | €528k | €491k | ▼ 7.0% |
| Land and buildings22 | €705k | €650k | €587k | €523k | €460k | ▼ 12.1% |
| Plant, machinery and equipment23 | €13k | €9k | €6k | €5k | €31k | ▲ 577% |
| Current assets29/58 | €190k | €260k | €346k | €421k | €381k | ▼ 9.5% |
| Amounts receivable within one year40/41 | €121 | €18k | €2k | - | €30 | - |
| Trade receivables40 | - | - | €2k | - | €30 | - |
| Other amounts receivable41 | €121 | €18k | - | - | - | - |
| Cash at bank and in hand54/58 | €189k | €243k | €344k | €421k | €381k | ▼ 9.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €908k | €920k | €938k | €949k | €872k | ▼ 8.1% |
| Equity10/15 | €900k | €905k | €925k | €868k | €837k | ▼ 3.5% |
| Contributions10/11 | €740k | €740k | €747k | €747k | €747k | = |
| Reserves13 | €69k | €149k | €178k | €121k | €90k | ▼ 25.5% |
| Non-distributable reserves130/1 | €7k | €7k | - | - | - | - |
| Reserves not available under the articles1311 | €7k | €7k | - | - | - | - |
| Distributable reserves133 | €61k | €141k | €178k | €121k | €90k | ▼ 25.5% |
| Profit (loss) carried forward14 | €91k | €17k | - | - | - | - |
| Amounts payable17/49 | €8k | €14k | €13k | €81k | €34k | ▼ 57.3% |
| Amounts payable within one year42/48 | €8k | €14k | €13k | €81k | €34k | ▼ 57.3% |
| Trade debts44 | - | - | - | - | €29 | - |
| Suppliers440/4 | - | - | - | - | €29 | - |
| Taxes, remuneration and social security45 | €7k | €14k | €13k | €30k | €12k | ▼ 58.9% |
| Taxes450/3 | €7k | €14k | €13k | €30k | €12k | ▼ 58.9% |
| Other amounts payable47/48 | €447 | €447 | €447 | €50k | €22k | ▼ 56.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16k | €5k | €20k | €14k | €14k | ▼ 0.1% |
| + Depreciation and write-downs630 | €70k | €67k | €67k | €64k | €66k | ▲ 3.3% |
| Operating cash flow (approximation) | €86k | €72k | €87k | €79k | €81k | ▲ 2.7% |
| Investment in fixed assets (approximation) | - | €-8k | €0 | €0 | €-30k | - |
| Change in cash | - | €53k | €102k | €76k | €-40k | ▼ 153% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Liquidity doublescurrent ratio 11.05
Current ratio from 5.22 to 11.05; short-term debt falls from €81k to €34k.
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 8 days late
2024
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 25 days late
2022
31-12
Financial
Weakest financial yearnet €5k ▼66.8%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 5 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 24.51
Current ratio from 10.48 to 24.51; short-term debt falls from €11k to €8k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 89 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 17.01
Current ratio from 6.23 to 17.01; short-term debt falls from €20k to €4k.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 20 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Faimes · 1 establishment unit since 2006
Ground area
2,330 m²
Building footprint
205 m²
Volume, LiDAR
1,704 m³
2 parcels, Wallonia · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
L'AS DE COEUR BOURGUIGNON
since 20062.150.842.069
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64016B0410/00D000 | Wallonia | 1,614 m² | 1 · 122 m² | 11.0 m · 3 fl. |
| 61009A0038/00L000 | Wallonia | 716 m² | 1 · 83 m² | 8.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,020 companies in sector 68203 we hold annual accounts for 5,986. 4,219 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-11-2005
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
77229Renting and leasing of other personal and household goods
Contact
Phone
0475.798574Faimes
Scores and ratios are computed by Checked and are not a credit decision.