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BENTECH

Active
Private limited companyfounded 2014active for 12 yearsRue du Vicinal 32, 4170 Comblain-au-Pont, BelgiumKBO/BCE: BE 0548.771.065
Summary

BENTECH has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,016 and a net result of €4,997. Equity is shrinking by about 22% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. The computed 12-month bankruptcy probability is 0.4% (very low).

Financials · financial year 2025, abbreviated format

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€4,997▲ 53.0%
2024 · €3,266
Working capital
-€26,099▲ 20.9%
2024 · -€32,990
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

After the dip in 2022 the operating result has climbed three years in a row; 2025 is 13% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€10,730 2025 Net result€4,997 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€1,330-€7,158▲ 438%€7,466▲ 4.3%€6,297▼ 15.7%€5,031▼ 20.1%€5,750▲ 14.3%€9,531▲ 65.8%€10,730▲ 12.6%
Net result-€6,935--€759▲ 89.1%-€109▲ 85.6%-€1,288▼ 1,076%-€2,212▼ 71.7%-€1,273▲ 42.5%€3,266€4,997▲ 53.0%
Equity€394--€365-€475▼ 30.0%-€1,763▼ 271%-€3,974▼ 125%-€5,247▼ 32.0%-€1,981▲ 62.2%€3,016
Total assets€254,119-€237,065▼ 6.7%€220,569▼ 7.0%€215,119▼ 2.5%€200,509▼ 6.8%€182,972▼ 8.7%€169,492▼ 7.4%€159,387▼ 6.0%
Debt€253,725-€237,430▼ 6.4%€221,044▼ 6.9%€216,882▼ 1.9%€204,484▼ 5.7%€188,219▼ 8.0%€171,474▼ 8.9%€156,372▼ 8.8%
Working capital-€63,258--€56,124▲ 11.3%-€48,994▲ 12.7%-€40,420▲ 17.5%-€46,401▼ 14.8%-€40,950▲ 11.7%-€32,990▲ 19.4%-€26,099▲ 20.9%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €159,128
Fixed assets €147,398 ▼ 9.1%
Current assets €11,729 ▲ 72.5%
Equity and liabilities €159,387
Equity €3,016
Debt €156,372
Debt finances 98.1% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€25,764▼
2024 · €28,199
Cash flow
€20,031▼
2024 · €21,933
Current ratio
0.31▲
2024 · 0.17
Debt to equity
51.86
ROE
165.7%
ROA
3.1%▲
2024 · 1.9%
Interest coverage
4.49▼
2024 · 4.50
Debt ≤ 1 year
€37,828▼
2024 · €39,790
Debt > 1 year
€116,044▼
2024 · €129,184
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,375 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 10 to 20 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
2.2% went bankrupt
1.6% stopped otherwise
95.9% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 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% 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%

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 1,375 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 against 2024 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€169,492€159,387▼
Formation expenses20€500€260▼
Fixed assets21/28€162,193€147,398▼
Tangible fixed assets22/27€162,193€147,398▼
Land and buildings22€151,472€138,164▼
Other tangible fixed assets26€10,720€9,235▼
Current assets29/58€6,800€11,729▲
Amounts receivable after more than one year29-€137
Trade receivables290-€137
Cash at bank and in hand54/58€6,800€11,592▲
Equity and liabilities
Total equity and liabilities10/49€169,492€159,387▼
Equity10/15-€1,981€3,016▲
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14-€20,581-€15,584▲
Amounts payable17/49€171,474€156,372▼
Amounts payable after more than one year17€129,184€116,044▼
Financial debts170/4€129,184€116,044▼
Amounts payable within one year42/48€39,790€37,828▼
Current portion of amounts payable after more than one year42€14,478€13,144▼
Other amounts payable47/48€25,312€24,684▼
Accrued charges and deferred income492/3€2,500€2,500=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,668€15,034▼
Other operating charges640/8€50€2,786▲
Gross operating margin9900€28,249€28,550▲
Operating profit (loss)9901€9,531€10,730▲
Financial charges65/66B€6,266€5,733▼
Recurring financial charges65€6,266€5,733▼
Profit (loss) for the period before taxes9903€3,266€4,997▲
Profit (loss) for the period9904€3,266€4,997▲
Profit (loss) for the period to be appropriated9905€3,266€4,997▲
Appropriation of the result
Profit (loss) to be appropriated9906-€20,581-€15,584▲
Profit (loss) brought forward from the previous period14P-€23,847-€20,581▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,589€17,220€16,942€17,275€17,995€18,668€18,668€15,034▼ 19.5%
Other operating charges640/8---€2,321€2,376€2,599€50€2,786▲ 56×
Gross operating margin9900€18,918€24,377€26,662€25,892€25,402€27,017€28,249€28,550▲ 1.1%
Operating profit (loss)9901€1,330€7,158€7,466€6,297€5,031€5,750€9,531€10,730▲ 12.6%
Financial charges65/66B---€7,585€7,242€7,023€6,266€5,733▼ 8.5%
Recurring financial charges65€8,265€7,917€7,576€7,585€7,242€7,023€6,266€5,733▼ 8.5%
Profit (loss) for the period before taxes9903-€6,935-€759-€109-€1,288-€2,212-€1,273€3,266€4,997▲ 53.0%
Profit (loss) for the period9904-€6,935-€759-€109-€1,288-€2,212-€1,273€3,266€4,997▲ 53.0%
Profit (loss) for the period to be appropriated9905-€6,935-€759-€109-€1,288-€2,212-€1,273€3,266€4,997▲ 53.0%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€254,119€237,065€220,569€215,119€200,509€182,972€169,492€159,387▼ 6.0%
Formation expenses20€277---€980€740€500€260▼ 48.0%
Fixed assets21/28€253,125€236,182€219,240€209,691€199,048€180,620€162,193€147,398▼ 9.1%
Tangible fixed assets22/27€253,125€236,182€219,240€209,691€199,048€180,620€162,193€147,398▼ 9.1%
Land and buildings22---€202,298€185,356€168,414€151,472€138,164▼ 8.8%
Other tangible fixed assets26---€7,393€13,692€12,206€10,720€9,235▼ 13.9%
Current assets29/58€717€882€1,329€5,428€481€1,612€6,800€11,729▲ 72.5%
Amounts receivable after more than one year29-------€137-
Trade receivables290-------€137-
Amounts receivable within one year40/41---€3,485-----
Trade receivables40---€3,485-----
Cash at bank and in hand54/58€717€882€1,329€1,943€481€1,612€6,800€11,592▲ 70.5%
Equity and liabilities
Total equity and liabilities10/49€254,119€237,065€220,569€215,119€200,509€182,972€169,492€159,387▼ 6.0%
Equity10/15€394-€365-€475-€1,763-€3,974-€5,247-€1,981€3,016-
Contributions10/11€18,600€18,600-€18,600€18,600€18,600€18,600€18,600=
Profit (loss) carried forward14-€18,206-€18,965-€19,075-€20,363-€22,574-€23,847-€20,581-€15,584▲ 24.3%
Amounts payable17/49€253,725€237,430€221,044€216,882€204,484€188,219€171,474€156,372▼ 8.8%
Amounts payable after more than one year17€189,751€180,423€170,721€171,034€157,601€143,658€129,184€116,044▼ 10.2%
Financial debts170/4---€171,034€157,601€143,658€129,184€116,044▼ 10.2%
Amounts payable within one year42/48€63,974€57,007€50,323€45,848€46,883€42,561€39,790€37,828▼ 4.9%
Current portion of amounts payable after more than one year42---€12,945€13,437€13,948€14,478€13,144▼ 9.2%
Trade debts44€1,634€1,824€1,348€5,756€2,346----
Suppliers440/4---€5,756€2,346----
Other amounts payable47/48---€27,147€31,099€28,613€25,312€24,684▼ 2.5%
Accrued charges and deferred income492/3-----€2,000€2,500€2,500=
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€6,935-€759-€109-€1,288-€2,212-€1,273€3,266€4,997▲ 53.0%
+ Depreciation and write-downs630€17,589€17,220€16,942€17,275€17,995€18,668€18,668€15,034▼ 19.5%
Operating cash flow (approximation)€10,654€16,460€16,833€15,987€15,784€17,395€21,933€20,031▼ 8.7%
Investment in fixed assets (approximation)--€277€0-€7,725-€7,353-€240-€240-€240=
Change in cash-€165€447€614-€1,462€1,130€5,188€4,792▼ 7.6%

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

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Latest 10 of 12 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 01-07-2026 2026-00243402
31-12-2024 full format 02-07-2025 2025-00227066
31-12-2023 full format 04-07-2024 2024-00211239
31-12-2022 full format 27-07-2023 2023-00299803
31-12-2021 full format 31-08-2022 2022-20363706
31-12-2020 full format 08-07-2021 2021-32700298
31-12-2019 full format 14-08-2020 2020-41200323
31-12-2018 full format 30-08-2019 2019-57600597
31-12-2017 full format 26-07-2018 2018-39000275
31-12-2016 full format 30-08-2017 2017-54400076

Show all 12 filings

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