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BD-TECH

Active
Private limited companyfounded 2021active for 4 yearsRidder Walter Van Havrelaan 118, 2900 Schoten, BelgiumKBO/BCE: BE 0777.259.020
Summary

The computed 12-month bankruptcy probability of BD-TECH is 2.0% (moderate). The 2025 annual accounts show equity of €28,181 and a net result of €97,022. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 38% of 2,332 sector peers (NACE 25, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Overview

Official details

Source: KBO
Status
Active since 10-11-2021 Normal situation
Activity
Manufacture of fabricated metal products, except machinery and equipment NACE 25991and 5 others
Establishment unit
2.323.925.406 2900 Schoten, since 10-11-2021
Financial year end
31 December
Peppol
Reachable since 20-05-2025

Board and ownership

Board
  • Borgions DanielDirector

Financial position

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.0%
Annual accounts 2025
Gross margin
€120,136
▲ 21×
Turnover
≈ €300,000
estimated
Profit
€97,022
Equity
€28,181
Total assets
€85,887
▲ 17×
Score breakdownraises riskFounded in 20211 change of registered office in 24 months1 of the last 3 accounts latelowers riskLiquidity: current ratio 1.48, cash €16,377Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 63% of micro companies in fabricated metal products (NACE 25)
Financial strength · tick: 2024
Strong
Solvency 58+58
equity 32.8% of total assets
Liquidity 38+38
short-term debt 67.2% · cash 19.1%
Profitability 100+90
return on assets 113.0%
Bankruptcy probability within 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,708 companies, NACE 25, micro)
Last 24 months 12-2024: 4.6% 01-2025: 4.6%● unchanged vs 12-2024 02-2025: 4.6%● unchanged vs 01-2025 03-2025: 4.6%● unchanged vs 02-2025 04-2025: 5.3%▲ +0.7 percentage points vs 03-2025 05-2025: 5.7%▲ +0.4 percentage points vs 04-2025 06-2025: 5.8%▲ +0.1 percentage points vs 05-2025 07-2025: 10.0%▲ +4.2 percentage points vs 06-2025 08-2025: 10.7%▲ +0.7 percentage points vs 07-2025 09-2025: 11.1%▲ +0.4 percentage points vs 08-2025 10-2025: 12.5%▲ +1.4 percentage points vs 09-2025 11-2025: 12.4%▼ -0.1 percentage points vs 10-2025 12-2025: 12.4%● unchanged vs 11-2025 01-2026: 12.4%● unchanged vs 12-2025 02-2026: 12.4%● unchanged vs 01-2026 03-2026: 12.4%● unchanged vs 02-2026 04-2026: 13.4%▲ +1.0 percentage point vs 03-2026 05-2026: 13.5%▲ +0.1 percentage points vs 04-2026highest value 06-2026: 13.3%▼ -0.2 percentage points vs 05-2026 07-2026: 6.5%▼ -6.8 percentage points vs 06-2026 08-2026: 5.8%▼ -0.7 percentage points vs 07-2026 09-2026: 6.1%▲ +0.3 percentage points vs 08-2026 10-2026: 2.0%▼ -4.1 percentage points vs 09-2026lowest value 11-2026: 2.0%● unchanged vs 10-2026lowest value
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.48, below the usual 1.5. Short-term debt is 67.2% and cash 19.1% of total assets. 67.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, micro). It does better than 36% of them on solvency, 26% on liquidity, 94% on profitability and 97% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.48, cash €16,377
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · 1 of the last 3 accounts late
NBB · filings
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-06-2026, 45 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
45 days early
2024
60 days late
2023
28 days late
2022
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 11 days after the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 15 August (3 of the last 4 accounts filed within 45 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 16-06-2026 at the NBB all 4 filings

Turnover
≈ €300,000
Estimated: probably between €200,000 and €460,000
Total assets
€85,887▲ 17×
2024 · €4,926
Net result
€97,022
2024 · -€9,692
Working capital
€27,747
2024 · -€30,191
Multi-year overview
2022 to 2025, 4 financial years
Operating result
€116,433
2025
20222025
Net result
€97,022
2025
highest quarter of the sector
20222025
Equity
€28,181
2025
middle half of the sector
20222025
Total assets
€85,887
▲ 17× 2025
middle half of the sector
20222025
Debt
€57,706
▲ 78.3% 2025
20222025
Working capital
€27,747
2025
middle half of the sector
20222025
Solvency
32.8%
2025
middle half of the sector
20222025
Current ratio
1.48
2025
middle half of the sector
20222025
Return on assets (ROA)
113.0%
2025
highest quarter of the sector
20222025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result€37,061--€43,371-€6,737▲ 84.5%€116,433
Net result€25,181within the sector's middle half--€45,921below the sector's middle half-€9,692below the sector's middle half▲ 78.9%€97,022above the sector's middle half
Equity€28,181within the sector's middle half--€17,740below the sector's middle half-€27,432below the sector's middle half▼ 54.6%€28,181within the sector's middle half
Total assets€52,451below the sector's middle half-€23,595below the sector's middle half▼ 55.0%€4,926below the sector's middle half▼ 79.1%€85,887within the sector's middle half▲ 17×
Debt€24,270-€41,335▲ 70.3%€32,358▼ 21.7%€57,706▲ 78.3%
Working capital€8,520within the sector's middle half--€29,905below the sector's middle half-€30,191below the sector's middle half▼ 1.0%€27,747within the sector's middle half
Solvency53.7%within the sector's middle half--75.2%below the sector's middle half▼ 128.9pp32.8%within the sector's middle half
Current ratio1.35within the sector's middle half-0.28below the sector's middle half▼ 1.071.48within the sector's middle half
Return on assets (ROA)48.0%above the sector's middle half--194.6%below the sector's middle half▼ 242.6pp113.0%above the sector's middle half
above within below The sector band is the middle half of the companies in Manufacture of fabricated metal products, except machinery and equipment (NACE 25). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is a profit of €116,433, after a loss of €6,737 in 2024. It is the highest result since 2022.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €85,887
Fixed assets €434 ▼ 84.3%
Current assets €85,453 ▲ 39×
Equity and liabilities €85,887
Equity €28,181
Debt €57,706
Debt's share of the balance-sheet total is 67.2%.
Key figures and ratios
2025 value · change against 2024
EBITDA
€116,862▲
2024 · €3,680
Cash flow
€97,451▲
2024 · €724
Debt to equity
2.05
ROE
344.3%
Interest coverage
18.97▲
2024 · 1.24
Debt ≤ 1 year
€57,706▲
2024 · €32,358
Income taxes
€14,536▲
2024 · €0
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Overdue debts

tax and social security
Item2022202320242025
Overdue tax debts-€13,569€6,999-

Source: notes to the 2022 to 2025 annual accounts (statement of debts)

Investments

fixed assets acquired
Item2022202320242025
Tangible fixed assets€28,713€2,397€1,286-
Financial fixed assets€125--€0
Depreciation and write-downs of the year€9,177€9,893€10,416€429

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€4,926€85,887▲
Fixed assets21/28€2,759€434▼
Tangible fixed assets22/27€2,634€434▼
Plant, machinery and equipment23€1,601€0▼
Furniture and vehicles24€1,032€434▼
Financial fixed assets28€125€0▼
Current assets29/58€2,167€85,453▲
Amounts receivable within one year40/41€1,401€67,353▲
Trade receivables40€0€20,560▲
Other amounts receivable41€1,401€46,793▲
Cash at bank and in hand54/58€0€16,377▲
Deferred charges and accrued income490/1€767€1,723▲
Equity and liabilities
Total equity and liabilities10/49€4,926€85,887▲
Equity10/15-€27,432€28,181▲
Contributions10/11€3,000€3,000=
Reserves13€25,181€25,181=
Distributable reserves133€25,181€25,181=
Profit (loss) carried forward14-€55,613€0▲
Amounts payable17/49€32,358€57,706▲
Amounts payable within one year42/48€32,358€57,706▲
Financial debts43€11,578€0▼
Credit institutions430/8€11,578€0▼
Trade debts44€8,065€1,761▼
Suppliers440/4€8,065€1,761▼
Taxes, remuneration and social security45€6,999€14,536▲
Taxes450/3€6,999€14,536▲
Other amounts payable47/48€5,716€41,409▲
Income statement Code20242025
Non-recurring operating income76A-€26,750
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,416€429▼
Other operating charges640/8€1,868€1,503▼
Non-recurring operating charges66A€277€1,771▲
Gross operating margin9900€5,824€120,136▲
Operating profit (loss)9901-€6,737€116,433▲
Financial income75/76B€1€1,286▲
Recurring financial income75€1€1,286▲
Financial charges65/66B€2,956€6,161▲
Recurring financial charges65€2,956€6,161▲
Profit (loss) for the period before taxes9903-€9,692€111,558▲
Income taxes67/77€0€14,536▲
Profit (loss) for the period9904-€9,692€97,022▲
Profit (loss) for the period to be appropriated9905-€9,692€97,022▲
Appropriation of the result
Profit (loss) to be appropriated9906-€55,613€41,409▲
Profit (loss) brought forward from the previous period14P-€45,921-€55,613▼
Profit to be distributed694/7-€41,409
Return on contributions (dividend)694-€41,409

The notes to these accounts have 14 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 16-06-2026.

Line2022202320242025Change
Non-recurring operating income76A---€26,750-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,177€9,893€10,416€429▼ 95.9%
Other operating charges640/8€1,177€1,704€1,868€1,503▼ 19.5%
Non-recurring operating charges66A--€277€1,771▲ 540%
Gross operating margin9900€47,414-€31,774€5,824€120,136▲ 21×
Operating profit (loss)9901€37,061-€43,371-€6,737€116,433-
Financial income75/76B€601€0€1€1,286▲ 1,286×
Recurring financial income75€601€0€1€1,286▲ 1,286×
Financial charges65/66B€1,831€2,521€2,956€6,161▲ 108%
Recurring financial charges65€1,831€2,521€2,956€6,161▲ 108%
Profit (loss) for the period before taxes9903€35,830-€45,891-€9,692€111,558-
Income taxes67/77€10,650€30€0€14,536-
Profit (loss) for the period9904€25,181-€45,921-€9,692€97,022-
Profit (loss) for the period to be appropriated9905€25,181-€45,921-€9,692€97,022-
Line2022202320242025Change
Assets
Total assets20/58€52,451€23,595€4,926€85,887▲ 17×
Fixed assets21/28€19,661€12,165€2,759€434▼ 84.3%
Tangible fixed assets22/27€19,536€12,040€2,634€434▼ 83.5%
Plant, machinery and equipment23€3,079€3,773€1,601€0▼ 100%
Furniture and vehicles24€16,457€8,267€1,032€434▼ 58.0%
Financial fixed assets28€125€125€125€0▼ 100%
Current assets29/58€32,790€11,430€2,167€85,453▲ 39×
Amounts receivable within one year40/41€12,207€8,879€1,401€67,353▲ 48×
Trade receivables40-€8,687€0€20,560-
Other amounts receivable41€12,207€192€1,401€46,793▲ 33×
Cash at bank and in hand54/58€18,132€862€0€16,377-
Deferred charges and accrued income490/1€2,451€1,689€767€1,723▲ 125%
Equity and liabilities
Total equity and liabilities10/49€52,451€23,595€4,926€85,887▲ 17×
Equity10/15€28,181-€17,740-€27,432€28,181-
Contributions10/11€3,000€3,000€3,000€3,000=
Reserves13€25,181€25,181€25,181€25,181=
Distributable reserves133€25,181€25,181€25,181€25,181=
Profit (loss) carried forward14--€45,921-€55,613€0-
Amounts payable17/49€24,270€41,335€32,358€57,706▲ 78.3%
Amounts payable within one year42/48€24,270€41,335€32,358€57,706▲ 78.3%
Financial debts43--€11,578€0▼ 100%
Credit institutions430/8--€11,578€0▼ 100%
Trade debts44€8,060€13,744€8,065€1,761▼ 78.2%
Suppliers440/4€8,060€13,744€8,065€1,761▼ 78.2%
Taxes, remuneration and social security45€16,210€13,599€6,999€14,536▲ 108%
Taxes450/3€16,210€13,599€6,999€14,536▲ 108%
Other amounts payable47/48-€13,992€5,716€41,409▲ 624%
Line2022202320242025Change
Profit (loss) for the period9904€25,181-€45,921-€9,692€97,022-
+ Depreciation and write-downs630€9,177€9,893€10,416€429▼ 95.9%
Operating cash flow (approximation)€34,358-€36,029€724€97,451▲ 135×
Investment in fixed assets (approximation)--€2,397-€1,010€1,896-
Change in cash--€17,271-€862€16,377-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 39,278 companies had the same profile as BD-TECH has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
95.8% was still going
2.3% stopped otherwise
1.8% went bankrupt

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of BD-TECH itself: 2.0% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,278 companies, not a prediction for BD-TECH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (4)
Financial year Type Filed Reference Document
31-12-2025 micro format 16-06-2026 2026-00164622 PDF
31-12-2024 micro format 29-09-2025 2025-00509093 PDF
31-12-2023 micro format 28-08-2024 2024-00384193 PDF
31-12-2022 micro format 31-07-2023 2023-00311550 PDF

Board & ownership

Directors

Directors
1 director
Borgions Daniel
Director · listed in the 2025 annual accounts, filed on 16-06-2026
Current

Owners and capital

Network & group

BD-TECH shares no director with another company.

Companies at the same address

1 other company

Connections & network

1 current director
Depth

The network starts from the directors of BD-TECH. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
16-06
NBB filing Annual accounts 2025 filedNBB
micro format · 45 days before the deadline
2025
31-12
Financial Back to profitnet €97,022
The net result is €97,022, after 2 loss-making years.
31-12
Financial Liquidity more than 22 timescurrent ratio 1.48
The current ratio rises from 0.07 to 1.48.
29-09
NBB filing Annual accounts 2024 filedPDF
micro format · 60 days late
06-06
Gazette deed Registered office moved from Antwerpen to Schoten
New seat: Ridder Walter Van Havrelaan 118 bus 0005, 2900 Schoten · Previous seat: Moeshofstraat 54 bus 1, 2170 Antwerpen · Power of attorney3 points ▸
  • Board meeting, 17-02-2025
  • Registered-office move, Ridder Walter Van Havrelaan 118 bus 0005, 2900 Schoten
  • Power of attorney, liberoo Tax & Legal

Open the act in the Belgian Official Gazette

2024
28-08
NBB filing Annual accounts 2023 filedPDF
micro format · 28 days late
12-06
Gazette deed Registered office moved from Antwerpen to Merksem
New seat: Moeshofstraat 54 bus 1, 2170 Merksem · Previous seat: Meeuwenplein 20, 2170 Antwerpen2 points ▸
  • Board meeting, 10-01-2024
  • Registered-office move, Moeshofstraat 54 bus 1,2170 Merksem

Open the act in the Belgian Official Gazette

2023
31-12
Financial Weakest financial yearnet -€45,921
The net result drops to -€45,921, the lowest from 2022 to 2025. It recovers the following year.
31-07
NBB filing Annual accounts 2022 filedPDF
micro format · on the deadline day
2021
16-11
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

BD-TECH was incorporated on 10 November 2021 as a private limited company.1 The registered office moved to Merksem in 2024 and to Schoten in 2025.23 Total assets rose from €52,451 in 2022 to €85,887 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 12-06-2024
  3. 3Belgian Official Gazette, 06-06-2025
  4. 4National Bank, annual accounts 2022 and 2025

Company details

Register details

Identity

KBO record
Name BD-TECH in Dutch
Enterprise number 0777.259.020
Legal form Private limited company
Status Active, normale toestand
Founded 10-11-2021
Entity type Legal entity

Registered office and establishments

Registered office Ridder Walter Van Havrelaan 118, 2900 Schoten, Belgium
2 former offices
  • Moeshofstraat 54 bus 1, 2170 Antwerpen until 11-02-2025 · act of 06-06-2025
  • Meeuwenplein 20, 2170 Antwerpen until 10-01-2024 · act of 12-06-2024
Establishment unit BD-TECH - OUTCAMP, Ridder Walter Van Havrelaan 118, 2900 Schoten since 10-11-2021 · unit number 2.323.925.40625999 Manufacture of fabricated metal products, except machinery and equipment

Activities

NACEBEL 2025
25991 Manufacture of fabricated metal products, except machinery and equipment main activity
25999 Manufacture of fabricated metal products, except machinery and equipment
31004 Manufacture of dining room, living room, bedroom and bathroom furniture
43211 General electrical installation work
43221 Plumbing work
73300 Public relations and communication consultancy
Codes under NACEBEL 2008
25991 Manufacture of fabricated metal products, except machinery and equipment main activity
25999 Manufacture of fabricated metal products, except machinery and equipment
31091 Manufacture of furniture
43211 Specialised construction activities
43221 Plumbing
70210 Activities of head offices; management consultancy activities

Invoicing and payment

VAT number BE 0777.259.020
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0777259020
Other Peppol ID 9925:BE0777259020
Registered 20-05-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 3 November 2026 · Peppol Directory

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0777.259.020

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Sites & property

Location
registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
1,779 m²
Building footprint
223 m²
Building volume
2,660 m³
Cadastral parcel Region Area Buildings Height / floors
11442C0269/00A002 Flanders 1,779 m² 1 · 223 m² 15.1 m · 4