Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Lower solvency than 95% of companies in fabricated metal products. Sector median 44.2% · 2,341 companies.
Negative equity caps the score at 59.
The dashed line is the sector median: 0.5% across 3,710 companies (NACE 25, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 3% of them on solvency, 2% on liquidity, 39% on profitability and 38% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
In July 2024, 906 companies had the same profile as be.tec has now. Each dot stands for 3 companies, two years later.
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of be.tec itself: 1.5% within 12 months.
The method was tested on the 497,447 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.
| 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 906 companies, not a prediction for be.tec. 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.
Liquidity is insufficient, with a current ratio of 0.36 (0.33 in 2024), below 1. Short-term debt is 271.7% and cash 0.5% of total assets. Equity is negative.
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.
The company filed its last 7 accounts on average 22 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.
| Company | ||||
|---|---|---|---|---|
| be.tec Lessines | €36,146 | €3,235 | -171.7% | - |
| STORES LEFEVRE Liège | €24,608 | €4,880 | 12.7% | - |
| Steel & Style Turnhout | €32,876 | €7,577 | 80.0% | - |
| ECO TAX Sint-Pieters-Leeuw | €53,228 | -€15,807 | -170.2% | - |
| Verposol Bruges | €17,604 | €2,443 | 17.3% | - |
| Nordag Harelbeke | €22,827 | €0 | 100.0% | - |
| SABR GROUP Ternat | €47,169 | €10,446 | 47.9% | - |
These companies have the same main activity as be.tec: manufacture of fabricated metal products, except machinery and equipment (NACE 25120). They are comparable in size and age: total assets between €17,600 and €53,200, founded between 2012 and 2023.
be.tec files the micro format. That format states no turnover. The gross margin fell from €67,908 in 2019 to €3,235 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €22,000. Estimated: probably between €9,200 and €43,000.
Lower than 95% of 2,341 companies in 2025.
Higher than 6% of 2,307 companies in 2025.
Higher than 30% of 2,321 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
36,146 | 35,729 | 50,750 | 134,626 | 72,079 | 18,734 | 112,029 | |
21/28 |
1,050 | 3,504 | 10,201 | 30,987 | 23,289 | 17,706 | 32,907 | |
22/27 |
1,050 | 3,504 | 10,201 | 30,987 | 23,289 | 17,706 | 32,907 | |
22 |
- | - | - | - | - | - | 6,650 | |
23 |
1,050 | 2,131 | 3,214 | 8,204 | 8,953 | 11,727 | 15,635 | |
24 |
- | 1,373 | 6,987 | 22,115 | 12,998 | 3,974 | 7,948 | |
26 |
- | - | - | 668 | 1,338 | 2,005 | 2,674 | |
29/58 |
35,096 | 32,225 | 40,549 | 103,639 | 48,790 | 1,028 | 79,122 | |
3 |
29,408 | 29,408 | 29,408 | - | - | - | - | |
30/36 |
29,408 | 29,408 | 29,408 | - | - | - | - | |
40/41 |
5,500 | 2,817 | 10,275 | 68,275 | 6,660 | 49 | 78,456 | |
40 |
5,500 | 2,803 | 2,549 | 68,275 | - | 49 | 51,716 | |
41 |
- | 14 | 7,726 | - | 6,660 | - | 26,740 | |
54/58 |
188 | - | 866 | - | 40,652 | 224 | 3 | |
490/1 |
- | - | - | 35,364 | 1,478 | 755 | 663 | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
36,146 | 35,729 | 50,750 | 134,626 | 72,079 | 18,734 | 112,029 | |
10/15 |
-62,080 | -62,566 | -34,371 | 37,271 | 46,624 | -53,963 | 38,218 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
10 |
- | 6,200 | 6,200 | 6,200 | 6,200 | - | - | |
100 |
- | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | |
130 |
- | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1319 |
1,860 | - | - | - | - | - | - | |
14 |
-70,140 | -70,626 | -42,431 | 29,211 | 38,564 | -62,023 | 30,158 | |
17/49 |
98,226 | 98,295 | 85,121 | 97,355 | 25,455 | 72,697 | 73,811 | |
42/48 |
98,226 | 98,295 | 85,121 | 97,355 | 25,455 | 72,697 | 73,811 | |
43 |
- | - | - | 5 | - | - | - | |
430/8 |
- | - | - | 5 | - | - | - | |
44 |
1,996 | - | 696 | 86,569 | 16,196 | 28,984 | 66,503 | |
440/4 |
1,996 | - | 696 | 86,569 | 16,196 | 28,984 | 66,503 | |
46 |
3,483 | - | - | - | - | - | - | |
45 |
2,896 | 1,928 | 2,893 | 3,829 | 9,259 | 8,029 | 7,308 | |
450/3 |
2,896 | 1,928 | 2,893 | 489 | 6,489 | 8,029 | 7,308 | |
454/9 |
- | - | - | 3,340 | 2,770 | - | - | |
47/48 |
89,851 | 96,367 | 81,532 | 6,952 | - | 35,684 | - | |
| Income statement | ||||||||
9900 |
3,235 | -17,987 | -48,682 | 230,021 | 133,381 | -76,031 | 67,908 | |
60/61 |
- | - | - | - | - | 98,003 | 135,081 | |
62 |
- | - | -3,340 | 42,411 | 15,366 | - | - | |
630 |
2,454 | 6,697 | 20,786 | 14,320 | 9,896 | 8,201 | 8,901 | |
631/4 |
- | - | - | 178,948 | - | 4,100 | - | |
640/8 |
- | 3,217 | 5,127 | 3,196 | 3,288 | 3,565 | 19,639 | |
9901 |
781 | -27,901 | -71,255 | -8,854 | 104,831 | -91,897 | 39,368 | |
75/76B |
- | - | - | - | - | - | 5 | |
75 |
- | - | - | - | - | - | 5 | |
65/66B |
295 | 294 | 387 | 386 | 346 | 175 | 47 | |
65 |
295 | 294 | 387 | 386 | 346 | 175 | 47 | |
9903 |
486 | -28,195 | -71,642 | -9,240 | 104,485 | -92,072 | 39,326 | |
67/77 |
- | - | - | 113 | 3,898 | 109 | 7,308 | |
9904 |
486 | -28,195 | -71,642 | -9,353 | 100,587 | -92,181 | 32,018 | |
9905 |
486 | -28,195 | -71,642 | -9,353 | 100,587 | -92,181 | 32,018 | |
| Appropriation of the result | ||||||||
9906 |
-70,140 | -70,626 | -42,431 | 29,211 | 38,564 | -62,023 | 32,018 | |
14P |
-70,626 | -42,431 | 29,211 | 38,564 | -62,023 | - | - | |
691/2 |
- | - | - | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | 1,860 | |
| Social balance sheet | ||||||||
9087 |
- | - | - | 1 | - | - | - | |
Hours worked1013 |
- | - | - | 1,826 | - | - | - | |
| Document | ||||||||
The notes to these accounts have 6 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 14-08-2026.
2025 annual accounts filed 14 days after the deadline. Filed on 14 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00398094.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 14-08-2026 | 2026-00398094 | |
| 31-12-2024 | micro format | 27-08-2025 | 2025-00409548 | |
| 31-12-2023 | micro format | 21-06-2024 | 2024-00164370 | |
| 31-12-2022 | micro format | 22-08-2023 | 2023-00341047 | |
| 31-12-2021 | micro format | 14-10-2022 | 2022-20467675 | |
| 31-12-2020 | micro format | 19-08-2021 | 2021-50500349 | |
| 31-12-2019 | micro format | 05-09-2020 | 2020-51300513 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| 3,235 | -21,204 | -50,469 | 5,466 | 114,727 | -83,696 | 48,269 | ||
| 2,940 | -21,498 | -50,856 | 4,967 | 110,483 | -83,980 | 40,919 | ||
| 0 | 0 | 0 | 22,018 | 15,479 | -7,000 | 41,808 | ||
| - | - | - | - | 40,428 | 221 | - | ||
| -63,130 | -66,070 | -44,572 | 6,284 | 23,335 | -71,669 | 5,311 | ||
| -171.7% | -175.1% | -67.7% | 27.7% | 64.7% | -288.0% | 34.1% | ||
| 0.36 | 0.33 | 0.48 | 1.06 | 1.92 | 0.01 | 1.07 | ||
| 0.06 | 0.03 | 0.13 | 1.06 | 1.92 | 0.01 | 1.07 | ||
| - | - | - | 2.61 | 0.55 | - | 1.93 | ||
| - | - | - | -25.1% | 215.7% | - | 83.8% | ||
| 1.3% | -78.9% | -141.2% | -6.9% | 139.6% | -492.1% | 28.6% | ||
| 10.97 | -72.12 | -130.41 | 14.16 | over 100 | - | - | ||
| - | - | - | - | - | 108 days | 180 days |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2023 | 31-12-2022 |
|---|---|---|
| Employees at the balance-sheet date | - | 1 |
| full-time | - | 1 |
| in full-time equivalents | - | 1 |
| - | 1 | |
| Joined | - | 1 |
| Left | - | 0 |
Source: social balance sheet in the 2022 to 2023 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €22,018 | €15,479 |
| €2,454 | €6,697 | €20,786 | €14,320 | €9,896 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a profit of €781, after a loss of €27,901 in 2024. It is the highest result since 2021.
Equity is negative. Debt (€98,226) exceeds the balance-sheet total (€36,146).
be.tec has no parent and no holdings in its annual accounts. OSMANOVIC Samir is the only director. be.tec shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Chemin de Mons à Gand 251 registered office 7864 Lessines 25110 Manufacture of metal structures and parts of structures | 10-10-2018 | 2.354.107.648 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 55007D0009/00R003 | 5,851 m² | 1 · 168 m² | 10.8 m · 2 |
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 0708.898.863
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