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Belgium Technics

Active
Private limited company (pre-2019)founded 20169 yrs activeFortsesteenweg 28, 2860 Sint-Katelijne-Waver, BelgiumKBO/BCE: BE 0667.612.594

Belgium Technics has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €525k and a net result of €195k. Equity is growing by ~27.3% per year across the filed fiscal years. Its solvency ranks better than 29% of 7744 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
66 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+28
Solvency52▲+6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity short (current ratio 0.98 against 0.56 in 2024; short-term debt: 38.6% and cash: 7.6% of total assets), and 73% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2025
Solvency, return and age of the figures
Solvency
27%
Return on assets
10%
Age of the figures
9 mo
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 13-07-2026, 18 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
18 d early
2024
36 d early
2023
13 d early
2022
2 d late
2021
2 d early
2020
31 d late
2019
1 d early
← before the deadline after the deadline →
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 months
Position in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€525k▲ 58.9%
2024 · €331k
2018: €90k 2019: €79k 2020: €-86k 2021: €-179k 2022: €225k 2023: €273k 2024: €331k
2018 → 2025
Total assets
€1.94M▲ 22.7%
2024 · €1.58M
2018: €937k 2019: €1.77M 2020: €1.57M 2021: €1.48M 2022: €1.60M 2023: €1.59M 2024: €1.58M
2018 → 2025
Net result
€195k▲ 238%
2024 · €58k
2018: €59k 2019: €-11k 2020: €-166k 2021: €-93k 2022: €55k 2023: €48k 2024: €58k
2018 → 2025
Working capital
€-14k▲ 95.3%
2024 · €-302k
2018: €-53k 2019: €-247k 2020: €-352k 2021: €-455k 2022: €-395k 2023: €-355k 2024: €-302k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€-179k-€225k€273k▲ 21.2%€331k▲ 21.1%€525k▲ 58.9%
Operating result€-50k-€51k€115k▲ 122%€109k▼ 5.0%€256k▲ 135%
Net result€-93k-€55k€48k▼ 13.7%€58k▲ 20.8%€195k▲ 238%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€0€100k€200k€300kOperating result 2021: €-50k€-50kNet result 2021: €-93k€-93kOperating result 2022: €51k€51kNet result 2022: €55k€55kOperating result 2023: €115k€115kNet result 2023: €48k€48kOperating result 2024: €109k€109kNet result 2024: €58k€58kOperating result 2025: €256k€256kNet result 2025: €195k€195k20212022202320242025
The operating result recovers in 2025; 2025 is 135% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.94M
Fixed assets €1.21M▲ 0.9%
Current assets €735k▲ 90.1%
Equity and liabilities €1.94M
Equity €525k▲ 58.9%
Debt €1.42M▲ 13.1%
The debt ratio falls from 79.1% to 73.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€316k
2024 · €166k
Cash flow
€256k
2024 · €114k
Solvency
27.0%
2024 · 20.9%
Current ratio
0.98
2024 · 0.56
Quick ratio
0.92
2024 · 0.37
Debt / equity
2.70
2024 · 3.79
ROE
37.1%
2024 · 17.4%
ROA
10.0%
2024 · 3.6%
Interest coverage
12.65
2024 · 3.61
Debt
€1.42M
2024 · €1.25M
Debt ≤ 1 year
€749k
2024 · €689k
Debt > 1 year
€630k
2024 · €564k
Income taxes
€39k
2024 · €5k
Staff costs
€104k
2024 · €27k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€1.58M€1.94M
Fixed assets21/28€1.20M€1.21M
Tangible fixed assets22/27€1.20M€1.21M
Land and buildings22€1.14M€1.10M
Plant, machinery and equipment23€20k€19k
Furniture and vehicles24€3k€5k
Leasing and similar rights25€28k€77k
Other tangible fixed assets26€5k€3k
Current assets29/58€387k€735k
Stocks and contracts in progress3€135k€42k
Stocks30/36€135k€42k
Amounts receivable within one year40/41€201k€539k
Trade receivables40€188k€478k
Other amounts receivable41€13k€61k
Cash at bank and in hand54/58€49k€148k
Deferred charges and accrued income490/1€2k€5k
Equity and liabilities
Total equity and liabilities10/49€1.58M€1.94M
Equity10/15€331k€525k
Contributions10/11€30k€30k=
Revaluation surpluses12€349k€349k=
Reserves13€53k€146k
Non-distributable reserves130/1€53k€3k
Reserves not available under the articles1311€3k€3k=
Other1319€50k-
Distributable reserves133-€143k
Profit (loss) carried forward14€-102k-
Amounts payable17/49€1.25M€1.42M
Amounts payable after more than one year17€564k€630k
Financial debts170/4€564k€630k
Amounts payable within one year42/48€689k€749k
Current portion of amounts payable after more than one year42€32k€61k
Financial debts43€244k€288k
Credit institutions430/8€238k€288k
Other loans439€6k-
Trade debts44€8k€226k
Suppliers440/4€8k€226k
Taxes, remuneration and social security45€30k€40k
Taxes450/3€19k€12k
Remuneration and social security454/9€11k€28k
Other amounts payable47/48€375k€134k
Accrued charges and deferred income492/3-€39k
Income statement Code20242025
Remuneration, social security and pensions62€27k€104k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57k€61k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€104k
Other operating charges640/8€7k€5k
Gross operating margin9900€199k€530k
Operating profit (loss)9901€109k€256k
Financial income75/76B€5k€3k
Recurring financial income75€2k€2k
Non-recurring financial income76B€3k€1k
Financial charges65/66B€51k€25k
Recurring financial charges65€46k€25k
Non-recurring financial charges66B€5k-
Profit (loss) for the period before taxes9903€63k€234k
Income taxes67/77€5k€39k
Profit (loss) for the period9904€58k€195k
Profit (loss) for the period to be appropriated9905€58k€195k
Appropriation of the result
Profit (loss) to be appropriated9906€-52k€93k
Profit (loss) brought forward from the previous period14P€-109k€-102k
Transfer to equity691/2€50k€93k
To other reserves6921€50k€93k
Social balance
Average headcount (FTE)90870.62.3

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
13-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Highest result since 2018net €195k ▲238%
Operating result €256k, net result €195k, both a record.
31-12
Financial Equity above €500kEq €525k ▲58.9%
4 profitable years in a row build equity to €525k.
25-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
18-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
02-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
31-12
Financial Back to profitnet €55k
Net result €55k after 3 loss-making years.
31-12
Financial Equity above €200kEq €225k
Equity rises from €-179k to €225k.
29-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial Weakest financial yearnet €-166k
Net result drops to €-166k, the lowest in the series; recovery starts the following year.
30-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
21-05
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
12-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Sint-Katelijne-Waver · 1 establishment unit since 2017
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Fortsesteenweg 282860 Sint-Katelijne-Waver
Ground area
2,060 m²
Building footprint
454 m²
Volume, LiDAR
2,770 m³
Parcel 12422D0115/00M000, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BELGIUM TECHNICS
Fortsesteenweg 28, 2860 Sint-Katelijne-WaverManufacture of machinery and equipment not elsewhere classified
since 20172.259.984.093
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12422D0115/00M000 Flanders 2,060 m² 1 · 454 m² 7.4 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 1,225 EUR awarded · 1,225 EUR paid
Year Entries awardedpaid
2025 1 1,225 EUR1,225 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 1,225 EUR · 1,225 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 9,531 companies in sector 43222 we hold annual accounts for 5,661. 3,943 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded12-12-2016
Fiscal year end31-12
Activities, NACEBEL
28130Manufacture of machinery and equipment not elsewhere classified
43222Installation of electric heating, air conditioning, cooling and ventilation
28250Manufacture of machinery and equipment not elsewhere classified
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.