BELTECHNIC
ActiveSummary
BELTECHNIC has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €510,866 and a net result of €147,021. Equity has been growing by about 26% per year since 2018. Its solvency ranks better than 52% of 9,898 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 05-02-2013 Normal situation
- Activity
- Insulation installation NACE 43230and 1 other
- Joint committees
- 124 Paritair Comité voor het bouwbedrijf
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.216.489.788 1070 Anderlecht, since 01-02-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 24-01-2025
Board and ownership
Board
- DAGGÜN KürsatDirector · since 31-01-2013
- ÜNAL SabriDirector · since 31-01-2013
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
Annual accounts 2025
- Gross margin
- €572,161
- ▲ 42.2%
- Turnover
- ≈ €1.5m
- estimated
- Profit
- €147,021
- ▲ 127%
- Equity
- €510,866
- ▲ 40.4%
- Total assets
- €1.1m
- ▲ 31.5%
- Employees on 31-12-2025
- 5
- =
Score breakdownraises risk1 change of registered office in 24 monthslowers riskLiquidity: current ratio 2.67, cash €583,713Figures for financial year 2025 (filed on 28-06-2026)Size: 4.3 FTE, total assets €1.1mShow the evidence
Checked score
Score 2025
93
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 70% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency
71+3
equity 45.6% of total assets
Liquidity
85+21
short-term debt 34.8% · cash 52.1%
Profitability
85+7
return on assets 13.1%
Bankruptcy probability within 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.1%▼ -0.2 percentage points vs 07-2025lowest value
09-2025: 0.1%● unchanged vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025lowest value
01-2026: 0.3%▲ +0.2 percentage points vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.4%▲ +0.1 percentage points vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.5%▲ +0.1 percentage points vs 06-2026
08-2026: 0.8%▲ +0.3 percentage points vs 07-2026
09-2026: 1.1%▲ +0.3 percentage points vs 08-2026highest value
10-2026: 0.2%▼ -0.9 percentage points vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.67 (1.95 in 2024), above the usual 1.5. Short-term debt is 34.8% and cash 52.1% of total assets. However, 54.4% 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 43, micro). It does better than 49% of them on solvency, 82% on liquidity, 69% on profitability and 80% 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
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 28-06-2026, 33 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
33 days early
2024
31 days early
2023
29 days late
2022
70 days early
2021
39 days early
2020
33 days early
2019
27 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 21 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 28 June (4 of the last 5 accounts filed within 37 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 28-06-2026 at the NBB all 13 filings
Turnover
≈ €1.5m
Estimated: probably between €1.2m and €1.9m
EBIT margin
Not included in this filing
Net result
€147,021▲ 127%
2024 · €64,878
Working capital
€649,092▲ 86.1%
2024 · €348,713
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€221,005
▲ 132%
2025
20182025
Net result
€147,021
▲ 127%
2025
highest quarter of the sector
20182025
Equity
€510,866
▲ 40.4%
2025
middle half of the sector
20182025
Total assets
€1.1m
▲ 31.5%
2025
middle half of the sector
20182025
Debt
€437,411
▲ 18.6%
2025
20182025
Working capital
€649,092
▲ 86.1%
2025
highest quarter of the sector
20182025
Solvency
45.6%
▲ 2.9pp
2025
middle half of the sector
20182025
Current ratio
2.67
▲ 0.72
2025
middle half of the sector
20182025
Return on assets (ROA)
13.1%
▲ 5.5pp
2025
middle half of the sector
20182025
Staff (FTE)
4.3
▼ 6.5%
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.03m-€0.02m▼ 15.1%€0.02m▼ 2.6%€0.05m▲ 113%€0.08m▲ 67.0%€0.09m▲ 7.2%€0.1m▲ 7.1%€0.2m▲ 132%
Net result€0.02m-€0.02m▲ 31.3%€0.02mwithin the sector's middle half▲ 3.6%€0.03mwithin the sector's middle half▲ 47.3%€0.06mwithin the sector's middle half▲ 114%€0.07mwithin the sector's middle half▲ 1.1%€0.06mwithin the sector's middle half▼ 1.2%€0.1mabove the sector's middle half▲ 127%
Equity€0.1m-€0.1m▲ 20.4%€0.1mwithin the sector's middle half▲ 17.5%€0.2mwithin the sector's middle half▲ 22.0%€0.2mwithin the sector's middle half▲ 38.5%€0.3mwithin the sector's middle half▲ 28.1%€0.4mwithin the sector's middle half▲ 21.7%€0.5mwithin the sector's middle half▲ 40.4%
Total assets€0.4m-€0.4m▼ 3.7%€0.4mwithin the sector's middle half▲ 23.2%€0.6mwithin the sector's middle half▲ 27.0%€0.7mwithin the sector's middle half▲ 26.8%€0.8mwithin the sector's middle half▲ 11.7%€0.9mwithin the sector's middle half▲ 6.4%€1.1mwithin the sector's middle half▲ 31.5%
Debt€0.2m-€0.2m▼ 18.5%€0.3m▲ 36.3%€0.3m▲ 26.9%€0.4m▲ 26.8%€0.4m▼ 4.1%€0.4m▼ 4.9%€0.4m▲ 18.6%
Working capital€0.1m-€0.1m▲ 14.7%€0.1mwithin the sector's middle half▲ 13.9%€0.2mwithin the sector's middle half▲ 25.0%€0.2mwithin the sector's middle half▲ 33.7%€0.3mwithin the sector's middle half▲ 12.9%€0.3mwithin the sector's middle half▲ 28.4%€0.6mabove the sector's middle half▲ 86.1%
Solvency26.0%-32.6%▲ 6.5pp31.1%within the sector's middle half▼ 1.5pp29.8%within the sector's middle half▼ 1.2pp32.6%within the sector's middle half▲ 2.8pp37.4%within the sector's middle half▲ 4.8pp42.7%within the sector's middle half▲ 5.4pp45.6%within the sector's middle half▲ 2.9pp
Current ratio1.49-1.72▲ 0.221.60within the sector's middle half▼ 0.121.63within the sector's middle half▲ 0.031.64within the sector's middle half▲ 0.011.72within the sector's middle half▲ 0.081.95within the sector's middle half▲ 0.232.67within the sector's middle half▲ 0.72
Return on assets (ROA)4.0%-5.5%▲ 1.5pp4.6%within the sector's middle half▼ 0.9pp5.4%within the sector's middle half▲ 0.7pp9.1%within the sector's middle half▲ 3.7pp8.2%within the sector's middle half▼ 0.9pp7.6%within the sector's middle half▼ 0.6pp13.1%within the sector's middle half▲ 5.5pp
Staff (FTE)1.6-2.8▲ 75.0%3.5within the sector's middle half▲ 25.0%4.2within the sector's middle half▲ 20.0%3.8within the sector's middle half▼ 9.5%5.5within the sector's middle half▲ 44.7%4.6within the sector's middle half▼ 16.4%4.3within the sector's middle half▼ 6.5%
above
within
below
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). 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 132% higher than in 2024 and the highest since 2021. It is the fourth rise in a row.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets
€81,246 ▼ 39.2%
Current assets
€1.0m ▲ 44.7%
Equity and liabilities €1.1m
Equity
€510,866 ▲ 40.4%
Provisions
€171,472 ▲ 44.6%
Debt
€437,411 ▲ 18.6%
Debt's share of the balance-sheet total falls from 43.3% to 39.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€273,476▲
2024 · €144,554
Cash flow
€199,492▲
2024 · €114,347
Quick ratio
2.48▲
2024 · 1.88
Debt to equity
0.86▼
2024 · 1.01
ROE
28.8%▲
2024 · 17.8%
Interest coverage
over 100▲
2024 · 86.91
Debt ≤ 1 year
€389,411▲
2024 · €368,826
Income taxes
€72,742▲
2024 · €28,760
Staff costs
€235,431▼
2024 · €249,558
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 4 | 6 | 8 | 5 | 5 |
| full-time | 2 | 4 | 4 | 3 | 3 |
| part-time | 2 | 2 | 4 | 2 | 2 |
| in full-time equivalents | 3 | 5 | 6 | 4 | 4 |
| Average over the year, in full-time equivalents | 4.2 | 3.8 | 5.5 | 4.6 | 4.3 |
| On a permanent contract | 3 | 6 | 8 | 5 | 5 |
| Joined | 2 | 3 | 3 | 2 | - |
| Left | 3 | 1 | 1 | 5 | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €70,383 | €42,846 | €94,073 | €32,053 | - |
| Depreciation and write-downs of the year | €30,801 | €28,818 | €43,293 | €49,469 | €52,471 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €163,086 | €176,973 | €263,945 | €249,558 | €235,431 | ▼ 5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,755 | €14,216 | €21,935 | €30,801 | €28,818 | €43,293 | €49,469 | €52,471 | ▲ 6.1% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €22,151 | €898 | €35,114 | €5,413 | €52,887 | ▲ 877% |
| Other operating charges640/8 | - | - | - | €2,773 | €3,529 | €4,990 | €2,864 | €10,368 | ▲ 262% |
| Gross operating margin9900 | €143,798 | €143,813 | €161,662 | €268,408 | €293,050 | €436,125 | €402,388 | €572,161 | ▲ 42.2% |
| Operating profit (loss)9901 | €28,200 | €23,952 | €23,330 | €49,598 | €82,833 | €88,782 | €95,085 | €221,005 | ▲ 132% |
| Financial income75/76B | - | - | - | €7,023 | €8,453 | €2,259 | €217 | €1,110 | ▲ 411% |
| Recurring financial income75 | €5,239 | €5,639 | €5,272 | €7,023 | €8,453 | €2,259 | €217 | €1,110 | ▲ 411% |
| Financial charges65/66B | - | - | - | €15,064 | €7,501 | €5,394 | €1,663 | €2,351 | ▲ 41.4% |
| Recurring financial charges65 | €692 | €693 | €1,888 | €15,064 | €7,501 | €5,394 | €1,663 | €2,351 | ▲ 41.4% |
| Profit (loss) for the period before taxes9903 | €15,144 | €28,897 | €26,714 | €41,557 | €83,785 | €85,646 | €93,638 | €219,763 | ▲ 135% |
| Income taxes67/77 | - | €9,016 | €6,115 | €11,208 | €18,873 | €20,000 | €28,760 | €72,742 | ▲ 153% |
| Profit (loss) for the period9904 | €15,144 | €19,881 | €20,598 | €30,350 | €64,912 | €65,646 | €64,878 | €147,021 | ▲ 127% |
| Profit (loss) for the period to be appropriated9905 | €15,144 | €19,881 | €20,598 | €30,350 | €64,912 | €65,646 | €64,878 | €147,021 | ▲ 127% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.4m | €0.4m | €0.4m | €0.6m | €0.7m | €0.8m | €0.9m | €1.1m | ▲ 31.5% |
| Fixed assets21/28 | €0.04m | €0.06m | €0.06m | €0.1m | €0.1m | €0.2m | €0.1m | €0.08m | ▼ 39.2% |
| Tangible fixed assets22/27 | €0.04m | €0.06m | €0.06m | €0.1m | €0.1m | €0.2m | €0.1m | €0.08m | ▼ 39.2% |
| Plant, machinery and equipment23 | - | - | - | €0.001m | €85 | €0.008m | €0.005m | €0.004m | ▼ 21.6% |
| Furniture and vehicles24 | - | - | - | €0.1m | €0.09m | €0.1m | €0.1m | €0.08m | ▼ 37.3% |
| Leasing and similar rights25 | - | - | - | - | €0.009m | €0.007m | €0.005m | - | - |
| Current assets29/58 | €0.3m | €0.3m | €0.4m | €0.5m | €0.6m | €0.6m | €0.7m | €1.0m | ▲ 44.7% |
| Stocks and contracts in progress3 | - | - | €0.005m | €0.02m | €0.02m | €0.02m | €0.02m | €0.07m | ▲ 195% |
| Contracts in progress37 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.07m | ▲ 195% |
| Amounts receivable within one year40/41 | €0.2m | €0.3m | €0.2m | €0.3m | €0.5m | €0.3m | €0.4m | €0.4m | ▼ 14.9% |
| Trade receivables40 | - | - | - | €0.3m | €0.4m | €0.3m | €0.4m | €0.3m | ▼ 25.9% |
| Other amounts receivable41 | - | - | - | €0.06m | €0.07m | €0.04m | €0.05m | €0.08m | ▲ 78.0% |
| Cash at bank and in hand54/58 | €0.09m | €0.02m | €0.1m | €0.1m | €0.1m | €0.3m | €0.2m | €0.6m | ▲ 144% |
| Deferred charges and accrued income490/1 | - | - | - | €0.006m | €0.007m | €0.01m | €0.03m | €0.02m | ▼ 32.3% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.4m | €0.4m | €0.4m | €0.6m | €0.7m | €0.8m | €0.9m | €1.1m | ▲ 31.5% |
| Equity10/15 | €0.1m | €0.1m | €0.1m | €0.2m | €0.2m | €0.3m | €0.4m | €0.5m | ▲ 40.4% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Contributions outside capital11 | - | - | - | €0.02m | €0.02m | - | - | - | - |
| Other1109/19 | - | - | - | €0.02m | €0.02m | - | - | - | - |
| Reserves13 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.06m | €0.2m | ▲ 234% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Distributable reserves133 | - | - | - | - | - | - | €0.06m | €0.2m | ▲ 242% |
| Profit (loss) carried forward14 | €0.08m | €0.1m | €0.1m | €0.1m | €0.2m | €0.3m | €0.3m | €0.3m | ▲ 0.7% |
| Provisions and deferred taxes16 | €0.05m | €0.06m | €0.06m | €0.08m | €0.08m | €0.1m | €0.1m | €0.2m | ▲ 44.6% |
| Provisions for liabilities and charges160/5 | - | - | - | €0.08m | €0.08m | €0.1m | €0.1m | €0.2m | ▲ 44.6% |
| Major repairs and maintenance162 | - | - | - | €0.08m | €0.08m | - | - | - | - |
| Other liabilities and charges164/5 | - | - | - | - | - | €0.1m | €0.1m | €0.2m | ▲ 44.6% |
| Amounts payable17/49 | €0.2m | €0.2m | €0.3m | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | ▲ 18.6% |
| Amounts payable after more than one year17 | €0.003m | €0.008m | €0.01m | €0.03m | €0.03m | €0.01m | - | - | - |
| Financial debts170/4 | - | - | - | €0.03m | €0.03m | €0.01m | - | - | - |
| Amounts payable within one year42/48 | €0.2m | €0.2m | €0.2m | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | ▲ 5.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.02m | €0.02m | €0.02m | €0.01m | - | - |
| Trade debts44 | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | €0.2m | €0.3m | €0.3m | ▲ 8.3% |
| Suppliers440/4 | - | - | - | €0.2m | €0.3m | €0.2m | €0.3m | €0.3m | ▲ 8.3% |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.02m | €0.05m | €0.02m | €0.04m | ▲ 102% |
| Taxes450/3 | - | - | - | €0.01m | €0.002m | €0.006m | €0.009m | €0.01m | ▲ 18.1% |
| Remuneration and social security454/9 | - | - | - | €0.008m | €0.02m | €0.04m | €0.009m | €0.03m | ▲ 180% |
| Other amounts payable47/48 | - | - | - | €0.001m | €0.001m | €0.08m | €0.05m | €0.04m | ▼ 21.6% |
| Accrued charges and deferred income492/3 | - | - | - | €0.001m | - | - | - | €0.05m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,144 | €19,881 | €20,598 | €30,350 | €64,912 | €65,646 | €64,878 | €147,021 | ▲ 127% |
| + Depreciation and write-downs630 | €15,755 | €14,216 | €21,935 | €30,801 | €28,818 | €43,293 | €49,469 | €52,471 | ▲ 6.1% |
| Operating cash flow (approximation) | €30,899 | €34,097 | €42,533 | €61,151 | €93,730 | €108,939 | €114,347 | €199,492 | ▲ 74.5% |
| Investment in fixed assets (approximation) | - | -€30,941 | -€25,036 | -€70,383 | -€28,170 | -€94,073 | -€32,053 | €0 | - |
| Change in cash | - | -€67,715 | €117,922 | -€31,615 | €13,424 | €179,984 | -€60,685 | €344,810 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 34,693 companies had the same profile as BELTECHNIC has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.3%
was still going
3.9%
stopped otherwise
0.7%
went bankrupt
That fits the bankruptcy probability of BELTECHNIC itself: 0.2% 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.
| 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 34,693 companies, not a prediction for BELTECHNIC. 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.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 28-06-2026 | 2026-00208656 | |
| 31-12-2024 | full format | 30-06-2025 | 2025-00208335 | |
| 31-12-2023 | full format | 29-08-2024 | 2024-00435360 | |
| 31-12-2022 | full format | 22-05-2023 | 2023-00090677 | |
| 31-12-2021 | full format | 22-06-2022 | 2022-20080871 | |
| 31-12-2020 | full format | 28-06-2021 | 2021-25600433 | |
| 31-12-2019 | micro format | 27-08-2020 | 2020-45000575 | |
| 31-12-2018 | micro format | 17-07-2019 | 2019-33300407 | |
| 31-12-2017 | micro format | 12-06-2018 | 2018-17300379 | |
| 31-12-2016 | micro format | 27-06-2017 | 2017-21800271 |
Board & ownership
Directors
Directors
2 directors, last change in 2024
DAGGÜN Kürsat
Current
Director (not named in the articles) · since 31-01-2013 · earlier manager, until 22-01-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 28-06-2026
ÜNAL Sabri
Current
Director (not named in the articles) · since 31-01-2013 · earlier manager, until 22-01-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 28-06-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 22-01-2024Owners and capital
Capital transactions
Capital over time
- 22-01-2024 Converted to unavailable equity · €18,600
Mandate history
2 people, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DAGGÜN Kürsat |
|
| ÜNAL Sabri |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs au prorata, mêmes formalités”
Articles of association, deed of 22-01-2024 (in French)
Network & group
BELTECHNIC shares no director with another company.
Companies at the same address
3 other companiesConnections & network
2 current directorsThe network starts from the directors of BELTECHNIC. Every other company they run is a node.
This company
Company
Director
Shareholding
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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:
2026
28-06
abbreviated format · 33 days before the deadline
2025
31-12
Financial
Highest result from 2018 to 2025net €147,021 ▲127%
The operating result of €221,005 and the net result of €147,021 are both a record.
31-12
Financial
Equity above €500,000equity €510,866 ▲40.4%
With a profit in every financial year since 2018, equity grows to €510,866.
05-12
Gazette deed
Registered office moved from Anderiecht to AnderlechtNew seat: Rue du Constructeur 16 1070 Anderlecht · Previous seat: Avenue Guillaume Melckmans 77, 1070 Anderiecht · Director in office4 points ▸
Gazette deed
Registered office moved from Anderiecht to Anderlecht
New seat: Rue du Constructeur 16 1070 Anderlecht · Previous seat: Avenue Guillaume Melckmans 77, 1070 Anderiecht · Director in office4 points ▸
- General meeting, 01-01-2025
- Director in office, Daggün,Kürsat (director)
- Director in office, Ünal,Sabri (director)
- Registered-office move, Rue du Constructeur 16 1070 Anderlecht
30-06
full format · 31 days before the deadline
2024
29-08
full format · 29 days late
22-01
Gazette deed
Changes of role: DAGGÜN Kürsat (director) and ÜNAL Sabri (director)Capital · Registered office clause · Amendment of the articles11 points ▸
Gazette deed
Changes of role: DAGGÜN Kürsat (director) and ÜNAL Sabri (director)
Capital · Registered office clause · Amendment of the articles11 points ▸
- Capital
- Director resignation, DAGGÜN Kürsat (manager)
- Director resignation, ÜNAL Sabri (manager)
- Director appointment, DAGGÜN Kürsat (director (not named in the articles))
- Director appointment, ÜNAL Sabri (director (not named in the articles))
- Other provision, “exécution mandat, décharge gérant démissionnaire” (deed in French)
- Registered office clause, “1070 Anderlecht,Avenue Guillaume Melckmans 77” (deed in French)
- Other provision, “vote et clôture assemblée, unanimité des voix” (deed in French)
- General meeting, “assemblée générale extraordinaire, adopte les résolutions après délibération sur les points à l'ordre du jour” (deed in French)
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
2023
22-05
full format · 70 days before the deadline
2022
31-12
Financial
Equity above €200,000equity €233,321 ▲38.5%
With a profit in every financial year since 2018, equity grows to €233,321.
22-06
full format · 39 days before the deadline
2021
31-12
Financial
Equity above €150,000equity €168,409 ▲22%
With a profit in every financial year since 2018, equity grows to €168,409.
28-06
full format · 33 days before the deadline
Show earlier events
2020
27-08
micro format · 27 days late
2019
31-12
Financial
Equity above €100,000equity €117,461 ▲20.4%
With a profit in every financial year since 2018, equity grows to €117,461.
17-07
micro format · 14 days before the deadline
2018
12-06
micro format · 49 days before the deadline
2017
27-06
micro format · 34 days before the deadline
2013
15-02
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
Company details
Register details
Identity
KBO recordName
BELTECHNIC in French
Enterprise number
0503.833.143
Legal form
Private limited company
Status
Active, normale toestand
Founded
05-02-2013
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 22-01-2024 (in French)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région de Bruxelles-Capitale, établissement de sièges administratifs,agences,ateliers,dépôts et succursales en Belgique et à l'étranger par…”
deed of 22-01-2024 (in French)Registered office and establishments
Registered office
Bouwerstraat 16, 1070 Anderlecht, Belgium
1 former office
- Avenue Guillaume Melckmans 77, 1070 Anderiecht until 01-01-2025 · act of 05-12-2025
Establishment unit
BELTECHNIC, Bouwerstraat 16, 1070 Anderlecht since 01-02-2013 · unit number 2.216.489.788
Activities
NACEBEL 2025VAT activities
43230
Insulation installation main activity
Social security (RSZ) activities
41001
General construction of residential buildings main activity
Codes under NACEBEL 2008
VAT activities
43291
Specialised construction activities main activity
Social security (RSZ) activities
41201
General construction of buildings main activity
Joint committees
124 Paritair Comité voor het bouwbedrijf
200 Aanvullend Paritair Comité voor de bedienden annual accounts 2025
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 22-01-2024 (in French)
“L'exploitation d'entreprise générale en bâtiment tant la rénovation que la construction et la transformation de bâtiments; L'exécution de…”
56 activities
- L'exploitation d'entreprise générale en bâtiment tant la rénovation que la construction et la transformation de bâtiments
- L'exécution de tous travaux d'installation et de réparation de plomberie,d'électricité,de chauffage central,d'installation sanitaire
- Le placement de cuisine
- Le placement de débouchage d'égouts,de travaux hydrauliques,de travaux de terrassements,de drainage,pose de câbles et de canalisations diverses
- Les travaux d'égouts de rejointoiement,d'isolation thermique et acoustique,de revêtements de murs et de sols,de plafonnage,de charpentage,menuiserie et menuiserie métallique
- Déshabillage,démolition de bâtiments
- Isolation acoustique thermique et frigorifique
- Le nettoyage et l'entretien d'immeubles,le nettoyage de vitres et de bureaux,de petits travaux de bureau,de façades,services intérimaires,sous-traitance
- L'installation de cheminées ornementales ou autres ornementations en marbre ou en pierre
- Le placement de serrures et de quincaillerie du bâtiment
- Le placement de portes e plainte en matière plastique
- La pose de parquets et de tous revêtements en bois
- Les travaux de ramonage de cheminées
- Placement d'appareils électriques de signalisation et d'alarme
- Installation de systèmes de chauffage,de climatisation et de ventilation
- Constructions de citernes,de réservoirs
- Installations de cuisines équipées
- Fabrication,installation,et aménagement de stands et de foires d'expositions
- Installations,montage et démontage d'échafaudage et de plates-formes
- Entretien et nettoyage des outils de travail en tout genre
- La création,l'organisation et la gestion de tout genre de loisirs,vêtements,soirées,divertissements,réunions,colloques et toutes autres activités à caractère événementiel et/ou promotionnel,ainsi que toutes manifestations et réceptions de caractère privé,commercial et professionnel our son compte ou pour compte de tiers,et notamment en qualité ou de conseillers en matière d'organisations d'évènements et de rencontres
- L'élaboration,la production,la promotion d'évènements par tous modes et moyens de communication
- La mise à disposition d'hôtesses d'accueil lors des foires,colloques,expositions,courses sportives,soirées de gala
- Le transport routier national et international de marchandises et la livraison de courrier express
- L'installation,la construction,l'entretien et la réparation d'ascenseurs de personnes et de monte-charges
- La construction de routes et d'autoroutes,de platebandes,d'autre oies pour véhicules et piétons
- La création et le placement de publicité notamment affiches,annonces publicitaires,journaux,enseignes lumineuses,infographie,impression digitale,et toute autre opération ayant un lien direct ou indirect avec la publicité
- Distribution d'échantillons,de prospectus publicitaires et d'autres matériel de publicité y compris les journaux publicitaires régionaux et autre
- La conception et la commercialisation de tout produit lié à l'informatique tel que des sites et autres moyens de communications
- L'exploitation de centres de fitness et/ou de bien être,piscine,centre SPA,hammam,sauna,jacuzzi...et séminaires d'entreprises ainsi que toute activité Horeca en liaison avec celle-ci
- La vente de matériel et de produits de beauté,diététique,sanitaire et tous produits qui ont trait au bien-être
- L'importation,l'exportation,l'achat et la vente de voiture,moto,à l'état neuf ou d'occasion,ainsi que toutes pièces et accessoires relatifs au secteur automobile au sens le plus large
- La réparation et l'entretien de toutes sortes de véhicules à moteur et mécanisées
- Le montage et le démontage de pneus
- L'exploitation de car-wash à base d'eau et de vapeur
- Ta vente de boissons et de collations diverses
- L'exploitation d'une librairie-papeterie,ainsi que la vente,l'achat,la location,le dépôt de tous livres,revues,journaux quotidiens,hebdomadaires et autres,cigarettes,cigares et tabac,tous les articles pour fumeur et les accessoires,confiserie$biscuiterie,petite alimentation en ce compris les boissons alcoolisées ou non,fournitures de bureaux,fournitures informatiques matériels scolaires,articles cadeaux,jouets divers,électroniques ou non,articles photographiques,développement de film et photographie,articles audio-visuel(disques,cassettes,CD,DVD,...),les services de photocopie,service téléphonique et d'envoi par télécopie(téléfax),ta loterie,le PMU et les jeux divers,petites annonces,articles de télécommunications(appareil de téléphonie mobile et cade abonnement)
- L'installation,l'exploitation et la gestion en matière d'hôtellerie,fritures,snack-bar,sandwicherie,pizzeria,salons de consommation,bar,débits de boissons,café,taverne,club privé,service traiteur,restauration et accueil,au sens le plus large ainsi que les librairies,commerce de bande dessinée et figurines,commerce d'alimentation générale,de copy-center
- L'exploitation de cabines téléphoniques
- L'organisation de pronostics sur les résultats d'épreuves sportive,l'exploitation de jeux,automatique ou non,avec ou sans gain d'argent et éventuellement via Internet et le transfert financier des paris
- La gérance et l'exploitation d'une agence de jeux et paris
- L'organisation de jeux de Bingo,d'amusement et de hasard
- L'achat,la vente,le leasing,la location,l'exploitation ou la production de tous appareils de jeux
- La réalisation de toutes opérations et activités se rapportant à la coiffure en général,l'exploitation de salons de coiffures pour dames et pour messieurs,ainsi que pour enfants
- L'extension de cheveux,la perruquerie
- Prestations de coiffure de maquillage,de pédicure,manucure,massage,....dans des homes,des hôpitaux,à domicile,dans des hôtels,dans les lieux publics et privées notamment lors des expositions,foires,événementiels et autres
- L'import et l'export,l'achat et la vente,en gros et en détail,la représentation de tous articles textiles,articles vestimentaires pour hommes,dames et enfants et bébés,de tous articles de cuir naturel ou synthétique,de fourrures,ainsi que de tissus d'habillement et d'ameublement,textiles,chapeaux,gants,ceintures,bijoux de fantaisie,tapis,accessoires de mode,produits cosmétiques et d'entretien,articles cadeaux,articles en verre,en porcelaine,en faïence,en poterie et en plastique,articles ménagers et électroménagers,article de papeterie,disques,cassettes,fournitures scolaires,articles de jardinage,de fleurs,d'arbres fruitiers ou d'ornements
- Toutes activités en matière de consultance,de conseils,assistance en matière technique,commerciale,financière et industrielles
- La formation et l'information de personnes et sociétés,le commissionnement de quelque nature lors d'apport d'affaire à un tiers,le service et le conseil en gestion,traduction,administration et secrétariat d'entreprise
- La création,le management et la stratégie d'entreprise
- La prestation de services d'ordre économique,assistance,conseil en matière technique,commerciale,financière et industrielle
- La formation et l'information de personnes et de sociétés
- L'organisation de cycle de cours,de conférences et d'événements
- Le commissionnement de quelque nature lors d'apports d'affaires à des tiers
- Les prestations d'intermédiaire commercial ainsi qu'à des opérations d'import et export au sens large(tel que commerce avec l'étranger)
- La gestion d'entreprises,peu importe l'objet de ces dernières,l'acquisition la gestion et la mise en valeur de brevets,octroies et licences et autres droits intellectuels
Invoicing and payment
VAT number
BE 0503.833.143
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 0503.833.143
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
25 May at 18:00
deed of 22-01-2024 (in French)Recognitions · licences · registrations
Recognised contractor
1 categoryBELTECHNIC SRLapproval number 42257
- D4 Sound and heat insulation, light partitions, false ceilings and floorsclass 1, up to €162,000
Sites & property
Location
Buildings and parcels at the address
Ground area
400 m²
Building footprint
400 m²
Building volume
1,361 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21304B0101/00Z003 | Brussels | 400 m² | 1 · 400 m² | 7.7 m · 1 |