BTE GROUP
ActiveSummary
The computed 12-month bankruptcy probability of BTE GROUP is 3.2% (moderate). The 2025 annual accounts show equity of €9k and a net result of €-3k. Its solvency ranks better than 44% of 27965 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability1▼-99
Solvency67▼-33
Growth32
Track record82
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity ample (current ratio 1.53 against 3.98 in 2024; short-term debt: 57.9% and cash: 27.1% of total assets), but 58.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
41.8%
Return on assets
-14%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
11 d late
2024
28 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€9k▼ 25.1%
2024 · €12k
2024: €12k
2025: €9k▼ -25.1% vs 2024
2024 → 2025
Total assets
€21k▲ 39.7%
2024 · €15k
2024: €15k
2025: €21k▲ +39.7% vs 2024
2024 → 2025
Net result
€-3k
2024 · €9k
2024: €9k
2025: €-3k▼ -132% vs 2024
2024 → 2025
Working capital
€7k▼ 34.9%
2024 · €10k
2024: €10k
2025: €7k▼ -34.9% vs 2024
2024 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€12k-€9k▼ 25.1%
2024: €12k
2025: €9k▼ -25.1% vs 2024
Operating result€11k-€-3k
2024: €11k
2025: €-3k▼ -126% vs 2024
Net result€9k-€-3k
2024: €9k
2025: €-3k▼ -132% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €3k after €11k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €21k
Fixed assets
€2k
Current assets
€19k
Equity and liabilities €21k
Equity
€9k ▼ 25.1%
Debt
€13k ▲ 267%
Debt's share of the balance-sheet total rises from 22.2% to 58.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-2k▼
2024 · €11k
Cash flow
€-2k▼
2024 · €10k
Current ratio
1.53▼
2024 · 3.98
Debt to equity
1.40▲
2024 · 0.28
ROE
-33.5%▼
2024 · 79.1%
ROA
-14.0%▼
2024 · 61.6%
Interest coverage
-33.32▼
2024 · 363.79
Debt ≤ 1 year
€12k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€15k€21k▲
Formation expenses20€2k€876▼
Fixed assets21/28-€2k
Tangible fixed assets22/27-€2k
Furniture and vehicles24-€2k
Current assets29/58€14k€19k▲
Amounts receivable within one year40/41€13k€12k▼
Trade receivables40€791€2k▲
Other amounts receivable41€12k€10k▼
Cash at bank and in hand54/58€266€6k▲
Deferred charges and accrued income490/1-€947
Equity and liabilities
Total equity and liabilities10/49€15k€21k▲
Equity10/15€12k€9k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€9k€6k▼
Amounts payable17/49€3k€13k▲
Amounts payable within one year42/48€3k€12k▲
Trade debts44€1k€10k▲
Suppliers440/4€1k€10k▲
Taxes, remuneration and social security45€2k€2k=
Taxes450/3€2k€2k=
Accrued charges and deferred income492/3-€83
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€207€535▲
Other operating charges640/8€387€659▲
Gross operating margin9900€12k€-2k▼
Operating profit (loss)9901€11k€-3k▼
Financial income75/76B€718-
Recurring financial income75€718-
Financial charges65/66B€31€72▲
Recurring financial charges65€31€72▲
Profit (loss) for the period before taxes9903€12k€-3k▼
Income taxes67/77€2k-
Profit (loss) for the period9904€9k€-3k▼
Profit (loss) for the period to be appropriated9905€9k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€6k▼
Profit (loss) brought forward from the previous period14P-€9k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €207 | €535 | ▲ 159% |
| Other operating charges640/8 | €387 | €659 | ▲ 70.2% |
| Gross operating margin9900 | €12k | €-2k | ▼ 115% |
| Operating profit (loss)9901 | €11k | €-3k | ▼ 126% |
| Financial income75/76B | €718 | - | - |
| Recurring financial income75 | €718 | - | - |
| Financial charges65/66B | €31 | €72 | ▲ 130% |
| Recurring financial charges65 | €31 | €72 | ▲ 130% |
| Profit (loss) for the period before taxes9903 | €12k | €-3k | ▼ 125% |
| Income taxes67/77 | €2k | - | - |
| Profit (loss) for the period9904 | €9k | €-3k | ▼ 132% |
| Profit (loss) for the period to be appropriated9905 | €9k | €-3k | ▼ 132% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €15k | €21k | ▲ 39.7% |
| Formation expenses20 | €2k | €876 | ▼ 52.2% |
| Fixed assets21/28 | - | €2k | - |
| Tangible fixed assets22/27 | - | €2k | - |
| Furniture and vehicles24 | - | €2k | - |
| Current assets29/58 | €14k | €19k | ▲ 40.5% |
| Amounts receivable within one year40/41 | €13k | €12k | ▼ 7.6% |
| Trade receivables40 | €791 | €2k | ▲ 145% |
| Other amounts receivable41 | €12k | €10k | ▼ 17.3% |
| Cash at bank and in hand54/58 | €266 | €6k | ▲ 2,087% |
| Deferred charges and accrued income490/1 | - | €947 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €15k | €21k | ▲ 39.7% |
| Equity10/15 | €12k | €9k | ▼ 25.1% |
| Contributions10/11 | €3k | €3k | = |
| Profit (loss) carried forward14 | €9k | €6k | ▼ 31.7% |
| Amounts payable17/49 | €3k | €13k | ▲ 267% |
| Amounts payable within one year42/48 | €3k | €12k | ▲ 265% |
| Trade debts44 | €1k | €10k | ▲ 875% |
| Suppliers440/4 | €1k | €10k | ▲ 875% |
| Taxes, remuneration and social security45 | €2k | €2k | = |
| Taxes450/3 | €2k | €2k | = |
| Accrued charges and deferred income492/3 | - | €83 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €-3k | ▼ 132% |
| + Depreciation and write-downs630 | €207 | €535 | ▲ 159% |
| Operating cash flow (approximation) | €10k | €-2k | ▼ 126% |
| Change in cash | - | €6k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Ternat · 1 establishment unit since 2024
Ground area
445 m²
Building footprint
93 m²
Volume, LiDAR
866 m³
Parcel 23086A0395/00Z000, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BTE GROUP
since 20242.361.694.830
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23086A0395/00Z000 | Flanders | 445 m² | 1 · 93 m² | 10.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 5,212 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-07-2024
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
33110Repair and maintenance of fabricated metal products
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43221Plumbing work
Contact
Phone
0489102027
Scores and ratios are computed by Checked and are not a credit decision.