Skip to content

BaerTech

Active
Private limited companyfounded 2024active for 1 yearKoning Albertstraat 116, 8210 Zedelgem, BelgiumKBO/BCE: BE 1017.933.836
Summary

BaerTech has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28,723 and a net result of €18,723. Its solvency ranks better than 26% of 34,143 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Financials · financial year 2025, micro format

Equity
€28,723
Total assets
€115,280
Net result
€18,723
Working capital
-€10,003

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €115,280
Fixed assets €40,115
Current assets €75,165
Equity and liabilities €115,280
Equity €28,723
Debt €86,557
Debt finances 75.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€30,260
Cash flow
€22,903
Current ratio
0.88
Quick ratio
0.64
Debt to equity
3.01
ROE
65.2%
ROA
16.2%
Interest coverage
83.96
Debt ≤ 1 year
€85,168
Income taxes
€7,078

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
96.6% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,390 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 41 lines
Balance sheet Code2025
Assets
Total assets20/58€115,280
Fixed assets21/28€40,115
Tangible fixed assets22/27€40,115
Plant, machinery and equipment23€8,766
Furniture and vehicles24€31,349
Current assets29/58€75,165
Stocks and contracts in progress3€20,504
Stocks30/36€20,504
Amounts receivable within one year40/41€20,340
Trade receivables40€15,785
Other amounts receivable41€4,555
Cash at bank and in hand54/58€32,991
Deferred charges and accrued income490/1€1,330
Equity and liabilities
Total equity and liabilities10/49€115,280
Equity10/15€28,723
Contributions10/11€10,000
Reserves13€18,723
Distributable reserves133€18,723
Amounts payable17/49€86,557
Amounts payable within one year42/48€85,168
Trade debts44€71,483
Suppliers440/4€71,483
Taxes, remuneration and social security45€13,685
Taxes450/3€10,685
Remuneration and social security454/9€3,000
Accrued charges and deferred income492/3€1,389
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,180
Other operating charges640/8€120
Gross operating margin9900€30,380
Operating profit (loss)9901€26,080
Financial income75/76B€81
Recurring financial income75€81
Financial charges65/66B€360
Recurring financial charges65€360
Profit (loss) for the period before taxes9903€25,801
Income taxes67/77€7,078
Profit (loss) for the period9904€18,723
Profit (loss) for the period to be appropriated9905€18,723
Appropriation of the result
Profit (loss) to be appropriated9906€18,723
Transfer to equity691/2€18,723
To other reserves6921€18,723

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,180
Other operating charges640/8€120
Gross operating margin9900€30,380
Operating profit (loss)9901€26,080
Financial income75/76B€81
Recurring financial income75€81
Financial charges65/66B€360
Recurring financial charges65€360
Profit (loss) for the period before taxes9903€25,801
Income taxes67/77€7,078
Profit (loss) for the period9904€18,723
Profit (loss) for the period to be appropriated9905€18,723
Line2025
Assets
Total assets20/58€115,280
Fixed assets21/28€40,115
Tangible fixed assets22/27€40,115
Plant, machinery and equipment23€8,766
Furniture and vehicles24€31,349
Current assets29/58€75,165
Stocks and contracts in progress3€20,504
Stocks30/36€20,504
Amounts receivable within one year40/41€20,340
Trade receivables40€15,785
Other amounts receivable41€4,555
Cash at bank and in hand54/58€32,991
Deferred charges and accrued income490/1€1,330
Equity and liabilities
Total equity and liabilities10/49€115,280
Equity10/15€28,723
Contributions10/11€10,000
Reserves13€18,723
Distributable reserves133€18,723
Amounts payable17/49€86,557
Amounts payable within one year42/48€85,168
Trade debts44€71,483
Suppliers440/4€71,483
Taxes, remuneration and social security45€13,685
Taxes450/3€10,685
Remuneration and social security454/9€3,000
Accrued charges and deferred income492/3€1,389
Line2025
Profit (loss) for the period9904€18,723
+ Depreciation and write-downs630€4,180
Operating cash flow (approximation)€22,903

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
30-09-2025 micro format 09-04-2026 2026-00075350

Similar companies · same sector, comparable size

Of the 9,457 active companies whose main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222), figures are known for 5,700. 4,036 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.