Equity
BRETECH has made a profit in every financial year since 2020.
BRETECH has made a profit in every financial year since 2020.
The result rose in 2025 from €5,473 to €82,481.
Green is investment, beige is depreciation.
Short-term debts fell from €20,963 to €13,713.
The 2020 accounts came latest: 122 days after the end of the period.
Higher solvency than 95% of companies in specialised construction. Sector median 46.7% · 35,125 companies.
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 4 in 1,000 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 43, micro). It does better than 90% of them on solvency, 63% on liquidity, 92% on profitability and 87% 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 very low class on 30-06-2025, 0.1% 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, 26,972 companies had the same profile as BRETECH has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BRETECH itself: 0.4% 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 26,972 companies, not a prediction for BRETECH. 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 ample, with a current ratio of 12.99 (6.45 in 2024), above the usual 1.5. Short-term debt is 6.2% and cash 11.5% of total assets. 6.2% of the assets are financed with debt and provisions.
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 6 accounts on average 28 days after 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.
| Company | ||||
|---|---|---|---|---|
| BRETECH Beringen | €220,575 | €126,460 | 93.8% | - |
| K.D.H. Automation Oudsbergen | €244,214 | €144,339 | 55.9% | - |
| PorteQ Hamont-Achel | €241,281 | €112,619 | 40.4% | - |
| Pouls Elektrotechniek Bree | €264,832 | €139,784 | 64.0% | - |
| Infinite Power Oudsbergen | €183,753 | €140,339 | 61.1% | - |
| ADM-TECHNICS Diepenbeek | €219,550 | €147,900 | 34.8% | - |
| BMTECH Amay | €225,097 | €118,832 | 42.9% | - |
These companies have the same main activity as BRETECH: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €184,000 and €265,000, founded between 2018 and 2020.
BRETECH files the micro format. That format states no turnover. The gross margin rose from €59,228 in 2020 to €126,460 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €380,000. Estimated: probably between €250,000 and €460,000.
Higher than 95% of 35,125 companies in 2025.
Higher than 95% of 34,499 companies in 2025.
Higher than 91% of 34,700 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
220,575 | 145,344 | 156,218 | 85,932 | 114,294 | 61,237 | |
21/28 |
42,446 | 10,240 | 12,886 | 91 | 325 | 558 | |
22/27 |
42,446 | 10,240 | 12,886 | 91 | 325 | 558 | |
22 |
5,576 | - | - | - | - | - | |
23 |
2,643 | 3,560 | 4,476 | 91 | 325 | 558 | |
24 |
34,226 | 6,680 | 8,411 | - | - | - | |
29/58 |
178,130 | 135,104 | 143,332 | 85,841 | 113,970 | 60,679 | |
29 |
121,922 | 104,618 | - | - | - | - | |
291 |
121,922 | 104,618 | - | - | - | - | |
40/41 |
29,850 | 28,987 | 138,411 | 84,788 | 99,630 | 59,093 | |
40 |
17,745 | 15,180 | 43,084 | 12,493 | 42,351 | 25,567 | |
41 |
12,105 | 13,807 | 95,327 | 72,295 | 57,279 | 33,526 | |
54/58 |
25,417 | 1,193 | 4,218 | 1,027 | 5,775 | 1,586 | |
490/1 |
940 | 306 | 703 | 26 | 8,566 | - | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
220,575 | 145,344 | 156,218 | 85,932 | 114,294 | 61,237 | |
10/15 |
206,863 | 124,381 | 118,908 | 50,485 | 46,652 | 25,600 | |
10/11 |
2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | |
100 |
- | - | - | - | - | 2,500 | |
13 |
160,211 | 77,730 | 72,257 | 3,833 | - | - | |
133 |
160,211 | 77,730 | 72,257 | 3,833 | - | - | |
14 |
44,152 | 44,152 | 44,152 | 44,152 | 44,152 | 23,100 | |
17/49 |
13,713 | 20,963 | 37,310 | 35,447 | 67,643 | 35,637 | |
42/48 |
13,713 | 20,963 | 37,310 | 35,447 | 67,643 | 35,637 | |
44 |
3,336 | 319 | 14,067 | 19,352 | 56,629 | 20,634 | |
440/4 |
3,336 | 319 | 14,067 | 19,352 | 56,629 | 20,634 | |
45 |
10,376 | 20,643 | 23,243 | 16,095 | 11,014 | 12,671 | |
450/3 |
10,376 | 20,643 | 23,243 | 8,297 | 11,014 | 7,269 | |
454/9 |
- | - | - | 7,798 | - | 5,402 | |
47/48 |
- | - | - | - | - | 2,332 | |
| Income statement | |||||||
76A |
- | - | - | - | - | 5,000 | |
9900 |
126,460 | 10,477 | 99,417 | 129,483 | 150,327 | 59,228 | |
62 |
- | - | 834 | 120,332 | 124,120 | 27,447 | |
630 |
4,425 | 2,647 | 438 | 233 | 233 | 4,041 | |
640/8 |
272 | 532 | 408 | 1,181 | 674 | 935 | |
66A |
- | - | - | 737 | - | - | |
9901 |
121,763 | 7,298 | 97,737 | 7,000 | 25,300 | 26,807 | |
75/76B |
2,994 | 2,552 | 4,868 | 4,381 | 2,448 | 1,447 | |
75 |
2,994 | 2,552 | 4,253 | 4,381 | 2,448 | 1,447 | |
76B |
- | - | 614 | - | - | - | |
65/66B |
2,899 | 2,038 | 215 | 5,409 | 911 | 297 | |
65 |
2,899 | 2,038 | 215 | 5,409 | 911 | 297 | |
9903 |
121,858 | 7,812 | 102,389 | 5,972 | 26,838 | 27,957 | |
67/77 |
39,376 | 2,339 | 33,966 | 2,139 | 5,786 | 4,856 | |
9904 |
82,481 | 5,473 | 68,423 | 3,833 | 21,051 | 23,100 | |
9905 |
82,481 | 5,473 | 68,423 | 3,833 | 21,051 | 23,100 | |
| Appropriation of the result | |||||||
9906 |
126,633 | 49,625 | 112,575 | 47,985 | 44,152 | 23,100 | |
14P |
44,152 | 44,152 | 44,152 | 44,152 | 23,100 | - | |
691/2 |
82,481 | 5,473 | 68,423 | 3,833 | - | - | |
6921 |
82,481 | 5,473 | 68,423 | 3,833 | - | - | |
| Social balance sheet | |||||||
9087 |
- | - | - | 2.6 | 3.8 | 1 | |
Hours worked1013 |
- | - | - | 3,807 | 5,332 | 1,322 | |
| Document | |||||||
The notes to these accounts have 5 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 23-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 23-07-2026 | 2026-00334863 | |
| 31-12-2024 | micro format | 30-06-2025 | 2025-00196862 | |
| 31-12-2023 | micro format | 28-06-2024 | 2024-00189334 | |
| 31-12-2022 | micro format | 23-08-2023 | 2023-00350931 | |
| 31-12-2021 | abbreviated format | 02-11-2022 | 2022-20483844 | |
| 31-12-2020 | abbreviated format | 30-11-2021 | 2021-79000554 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 126,188 | 9,945 | 98,175 | 7,233 | 25,533 | 30,847 | ||
| 86,906 | 8,120 | 68,861 | 4,066 | 21,285 | 27,141 | ||
| 36,631 | 0 | 13,233 | 0 | 0 | 700 | ||
| 24,224 | -3,025 | 3,191 | -4,748 | 4,189 | - | ||
| 164,417 | 114,141 | 106,022 | 50,393 | 46,327 | 25,042 | ||
| 93.8% | 85.6% | 76.1% | 58.7% | 40.8% | 41.8% | ||
| 12.99 | 6.45 | 3.84 | 2.42 | 1.68 | 1.70 | ||
| 0.07 | 0.17 | 0.31 | 0.70 | 1.45 | 1.39 | ||
| 39.9% | 4.4% | 57.5% | 7.6% | 45.1% | 90.2% | ||
| 37.4% | 3.8% | 43.8% | 4.5% | 18.4% | 37.7% | ||
| 43.53 | 4.88 | over 100 | 1.34 | 28.04 | - |
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 | 31-12-2022 | 31-12-2021 |
|---|---|---|
| Employees at the balance-sheet date | - | 4 |
| full-time | - | 4 |
| in full-time equivalents | - | 4 |
| 2.6 | 3.8 | |
| On a permanent contract | - | 4 |
| Joined | 1 | 5 |
| Left | 5 | 3 |
Source: social balance sheet in the 2021 to 2022 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €36,631 | - | €13,233 | - | - |
| €4,425 | €2,647 | €438 | €233 | €233 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is nearly 17 times that of 2024 and the highest since 2020. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 14.4% to 6.2%. Equity is higher and debt is lower.
1 other company of this director went bankrupt (2021).
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.
BRETECH has no parent and no holdings in its annual accounts. Hamdi KAHRAMAN is the only director.
| B.M. CONSTRUCTS via Kahraman Hamdi, no longer at B.M. CONSTRUCTS · Director Open bankruptcy · founded in 1989 |
turnover €490,859 (2019) |
The network starts from the earlier ties.
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
On 20 January 2020, BRETECH was incorporated as a private limited company by one natural person, with a starting capital of €2,500.12 In 2023 the registered office moved to Beringen.3 Hamdi KAHRAMAN is director of the company, appointed by deed of 07-09-2022.4 Total assets went from €61,237 in 2020 to €220,575 in 2025 and headcount from 1 full-time equivalents in 2020 to 2.6 in 2022.5
| Establishment | Since | Unit number |
|---|---|---|
| Reigerstraat 16 registered office 3582 Beringen | 20-01-2020 | 2.298.388.274 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 71029B2171/00L000 | 548 m² | 1 · 154 m² | 6.8 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 0741.766.423
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