Equity
€134,903 ▲ 130%
Equity rose in 2025 from €58,719 to €134,903.
BTech Engineering
Overview
Lifetime
2 annual accounts with figures on one time axispeak €109,379 (2025)
€109,379▲ 48.1%
peak €77,017 (2025)
€77,017▲ 43.8%
peak €134,903 (2025)
€134,903▲ 130%
€17,248▼ 15.4%
Board1 name since 2024
1 directorTORREKENS Bram
Documentsfilings and deeds
26-06-202635 days before the deadline
2025micro format
Gross margin from €73,858 to €109,379Result from €53,552 to €77,017Dividend €833Equity from €58,719 to €134,903Debts from €20,393 to €17,248Investments €69,557
Key points
from the 2025 annual accountsTurnover
≈ €220,000 estimated
The micro format states no turnover.
Investments
€69,557 5.5 × depreciation
Green is investment, beige is depreciation. Machinery stands 67.3% higher than in 2024.
Liquidity
5.30 was 3.69 in 2024
Short-term debts fell from €20,393 to €17,248.
Starting capital
€6,000 30 shares
Position in the sector
88.7%
Higher solvency than 89% of companies in architecture and engineering. Sector median 53.9% · 11,794 companies.
Checked score
99
Excellent
Financially stronger than 90% of micro companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
07-2025: < 0.1%
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026lowest value
03-2026: < 0.1%● unchanged vs 02-2026lowest value
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026highest value
08-2026: < 0.1%● unchanged vs 07-2026highest value
09-2026: < 0.1%● unchanged vs 08-2026highest value
10-2026: < 0.1%● unchanged vs 09-2026highest value
11-2026: < 0.1%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
lowers risk
Liquidity: current ratio 5.30, cash €76,100
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Equity €134,903 (88.7% of total assets)
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 71, micro). It does better than 87% of them on solvency, 93% on liquidity, 88% on profitability and 93% on growth.
The bankruptcy probability was computed on 09-11-2026 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).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as BTech Engineering has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BTech Engineering itself is lower: < 0.1% within 12 months. It rests on far more data about BTech Engineering than the profile alone.
Test of the method
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 39,278 companies, not a prediction for BTech Engineering. 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.
Credit verdict
Credit of up to €13,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 5.3 (3.69 in 2024), above the usual 1.5. Short-term debt is 11.3% and cash 50% of total assets. 11.3% of the assets are financed with debt and provisions.
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 26-06-2026, 35 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
35 days early
2024
34 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 35 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% 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.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1010156911
Incorporation
Founding capital of €6,000, 30 shares · Founder: TORREKENS Bram · Appointment: TORREKENS Bram (director) · published on 11-06-2024 · Gazette deed
First establishment
Godeystraat 15, Ninove
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BTech Engineering Ninove | €152,151 | €109,379 | 88.7% | - |
| VMAT Aalter | €165,634 | €97,716 | 67.2% | - |
| Gommeren Offshore Engineering and Development Services Oosterzele | €155,243 | €128,066 | 59.1% | - |
| F.F.D.T. Erpe-Mere | €162,782 | €92,246 | 83.1% | - |
| Marine, Offshore & Heavy Lift Engineering Beveren-Kruibeke-Zwijndrecht | €152,975 | €131,694 | 77.6% | - |
| ELINO Consult Antwerp | €154,929 | €106,611 | 73.3% | - |
| WIP FOR YOU Kortenberg | €161,112 | €105,727 | 78.4% | - |
These companies have the same main activity as BTech Engineering: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €153,000 and €166,000, founded in 2024.
Official details
Source: KBO- Status
- Active since 07-06-2024Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121
- Establishment unit
- 2.360.295.4569406 Ninove, since 07-06-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 21-11-2025
Annual accounts 2025
- €109,379▲ 48.1%
- €77,017▲ 43.8%
- €134,903▲ 130%
- €152,151▲ 92.3%
- Filing
- Filed on 26-06-2026, 35 days before the end of the filing period
Insights on BTech Engineering
The balance sheet grew most in 2025 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 26-06-2026, 35 days before the deadline€109,379
▲ 48.1%
€96,522
▲ 31.1%
€77,017
▲ 43.8%
€74,170
▲ 35.0%
88.7%
▲ 14.4 percentage points
5.30
▲ 1.61
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €220,000. Estimated: probably between €170,000 and €280,000.
Balance sheet
balance sheet total €152,151 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
88.7%
Higher than 90% of 11,794 companies in 2025.
5.30
Higher than 81% of 11,521 companies in 2025.
50.6%
Higher than 92% of 11,605 companies in 2025.
BTech Engineering
Middle half of the sector
80% of the sector
Micro accounts in architecture and engineering (NACE 71)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
152,151 | 79,112 | |
21/28 |
60,733 | 3,789 | |
22/27 |
60,733 | 3,789 | |
23 |
6,337 | 3,789 | |
24 |
54,395 | - | |
29/58 |
91,418 | 75,323 | |
40/41 |
12,333 | 11,772 | |
40 |
10,228 | 11,772 | |
41 |
2,106 | - | |
54/58 |
76,100 | 63,078 | |
490/1 |
2,985 | 474 | |
| Balance sheet: equity and liabilities | |||
10/49 |
152,151 | 79,112 | |
10/15 |
134,903 | 58,719 | |
10/11 |
6,000 | 6,000 | |
13 |
52,719 | 52,719 | |
133 |
52,719 | 52,719 | |
14 |
76,184 | 0 | |
17/49 |
17,248 | 20,393 | |
42/48 |
17,248 | 20,393 | |
44 |
2,406 | 793 | |
440/4 |
2,406 | 793 | |
45 |
14,010 | 18,767 | |
450/3 |
14,010 | 18,767 | |
47/48 |
833 | 833 | |
| Income statement | |||
9900 |
109,379 | 73,858 | |
630 |
12,612 | 193 | |
640/8 |
244 | 50 | |
9901 |
96,522 | 73,615 | |
75/76B |
10 | 0 | |
75 |
10 | 0 | |
65/66B |
42 | 23 | |
65 |
42 | 23 | |
9903 |
96,491 | 73,593 | |
67/77 |
19,474 | 20,041 | |
9904 |
77,017 | 53,552 | |
9905 |
77,017 | 53,552 | |
| Appropriation of the result | |||
9906 |
77,017 | 53,552 | |
691/2 |
0 | 52,719 | |
6921 |
0 | 52,719 | |
694/7 |
833 | 833 | |
694 |
833 | 833 | |
| Document | |||
The notes to these accounts have 7 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 26-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 109,134 | 73,808 | ||
| 89,629 | 53,745 | ||
| 69,557 | 3,981 | ||
| 13,022 | - | ||
| 74,170 | 54,930 | ||
| 88.7% | 74.2% | ||
| 5.30 | 3.69 | ||
| 0.13 | 0.35 | ||
| 57.1% | 91.2% | ||
| 50.6% | 67.7% | ||
| over 100 | over 100 |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €69,557 | €3,981 |
| €12,612 | €193 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on BTech Engineering
The operating result for 2025 is 31% higher than in 2024.
Debt's share of the balance-sheet total falls from 25.8% to 11.3%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, since incorporationDirector
current term since 07-07-2024
listed in the 2025 annual accounts, filed on 26-06-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “De niet-statutaire bestuurders zijn herroepbaar ad nutum bij besluit van de algemene vergadering, zonder dat hun herroeping recht geeft op…”deed of 11-06-2024
Mandates through the years
1 name, the dashed line is todayTORREKENS Bram
Director
Director
Board
Mandates as a list
- TORREKENS Bram
- Director, appointed by deed of 11-06-2024, still in office
Control
Capital
- Contribution
- €6,000
- Shares
- 30
- Contribution per share
- €200
- Equity per share
- €4,497 in 2025
- Source
- deed of 11-06-2024
Articles of association
deed of 11-06-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Algemene kosten,los van representatie-,reis- en verplaatsingskosten, ten kosteloze titel tenzij algemene vergadering anders beslist”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 19:00
Shareholders
At incorporation
deed of 11-06-2024 ↗
- TORREKENS Bram 30 shares (100%)
Network & group
No group
BTech Engineering has no parent and no holdings in its annual accounts. TORREKENS Bram is the only director. BTech Engineering shares no director with another company.
At the same address
Godeystraat 15, 9406 Ninove · 1 other company| Torrekens, Hannes (sole trader)
establishment since 05-10-2023 |
founded in 2023 1000.845.703 |
Timeline
Timeline
6 events since 2024Filings
Financial
Establishments
202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 35 days before the deadline
2025
Equity above €100,000 equity €134,903 ▲130% With a profit in every financial year since 2024, equity grows to €134,903.
Registered in the Peppol Directory Reachable for e-invoices through 0208:1010156911
Annual accounts 2024 filed NBBmicro format · 34 days before the deadline
2024
IncorporationFounding capital of €6,000, 30 shares · Founder: TORREKENS Bram · Appointment: TORREKENS Bram (director) · published on 11-06-20245 points ▸
- Founder, TORREKENS Bram
- Founding capital, €6,000, 30 shares
- Capital contribution, €6,000
- Registered office clause, Godeystraat 15, 9400 Ninove
- Director appointment, TORREKENS Bram
- The deed holds 6 more points.
First establishment Godeystraat 15, Ninove
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
BTech Engineering was incorporated on 7 June 2024 as a private limited company by one natural person, with a starting capital of €6,000.12 Since 2024, TORREKENS Bram has served as director.3 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Identity
- Enterprise number
- 1010.156.911
- VAT number
- BE 1010.156.911
- Peppol ID
- 0208:1010156911
- Other Peppol ID
- 9925:BE1010156911
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 07-06-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 19:00deed of 11-06-2024 (in Dutch)
- Peppol
- Reachable since 21-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- BTech Engineering in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 11-06-2024 (in Dutch)
- Name clauseThe company operates under this name according to its articles.
- BTech Engineeringdeed of 11-06-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 11-06-2024 (in Dutch)
Activities
NACEBEL 202571121
Engineering and related technical consultancy, excluding land surveyors main activity
Codes under NACEBEL 2008
71121
Engineering activities main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Vervaardiging van informaticaproducten en van elektronische en optische producten; Vervaardiging van machines,apparaten en werktuigen,niet…”deed of 11-06-2024 (in Dutch)
11 activities
- Vervaardiging van informaticaproducten en van elektronische en optische producten
- Vervaardiging van machines,apparaten en werktuigen,niet eerder genoemd
- Vervaardiging van andere transportmiddelen
- Gespecialiseerde bouwwerkzaamheden
- Groothandel en handelsbemiddeling,met uitzondering van de handel in motorvoertuigen en motorfietsen
- Detailhandel,met uitzondering van de handel in auto’s en motorfietsen
- Ontwerpen en programmeren van computerprogramma’s,computerconsultancy-activiteiten en aanverwante activiteiten
- Ingenieursactiviteiten;technische testen en toetsen
- Reparatie van computers en consumentenartikelen
- Het waarnemen van alle mandaten,waaronder bestuurder,vereffenaar,in Belgische en/of buitenlandse vennootschappen en verenigingen
- Het deelnemen,onder gelijk welke vorm,aan de oprichting,uitbreiding,omzetting,fusie,opslorping,het bestuur en de controle van ondernemingen met gelijkaardige,aanverwante of aanvullende activiteiten;ze kan verder alle hulp verlenen aan ondernemingen waarin ze belang stelt onder meer in de vorm van leningen,voorschotten of borgstellingen,alsook bij wijze van bijstand inzake bestuur en/of administratie
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Godeystraat 15 registered office 9406 Ninove | 07-06-2024 | 2.360.295.456 |
Buildings and parcels at the address
- Ground area
- 1,251 m²
- Buildings
- 187 m²
- Volume, LiDAR
- 1,047 m³
- Tallest building
- 8.5 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 41055A1004/00C000 | 1,251 m² | 1 · 187 m² | 8.5 m · 2 |