BTF

Active

Public limited companyfounded 2012active for 14 yearsRue de Waremme 124, 4530 Villers-le-Bouillet, BelgiumKBO/BCE: BE 0843.690.063

Summary

The computed 12-month bankruptcy probability of BTF is 2.5% (moderate). The 2025 annual accounts show equity of €323,469 and a net result of -€219,876. Equity is shrinking by about 4.6% per year across the filed financial years. Its solvency ranks better than 32% of 383 sector peers (NACE 28, financial year 2025). The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

BTFActiveChecked score 50/100

Risk analysis Report Compare

Activity

Manufacture of machinery and equipment not elsewhere classified

NACE 28210

1 site

Size

€1.1mtotal assets 2025

Staff: 12.7 FTE
Equity: €323,469
Loss: -€219,876

Financial health

50 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 2.5%

Structure

Parent: TechniConcept · 100%
Board: 4 members

2025 accounts filed 31 days late4 of 11 deeds summarised

Why 50raises riskLoss of €219,876 (financial year 2025)Liquidity: current ratio 0.96, cash €2,417, halvedLast filed accounts filed 31 days late; 1 of the last 3 lateSize: 12.7 FTE, total assets €1.1mShow the evidence

Checked score

Score 2025

50 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 13% of its sector peers (NACE 28, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 53+1

equity 28.4% of total assets

Liquidity 16-1

short-term debt 64.5% · cash 0.2%

Profitability 0-41

return on assets -19.3%

Bankruptcy probability, 12 months

2.5% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (291 companies, NACE 28, small)

Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.8%▲ +0.1 percentage points vs 02-2025 04-2025: 0.9%▲ +0.1 percentage points vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 1.1%▲ +0.2 percentage points vs 06-2025 08-2025: 0.3%▼ -0.8 percentage points vs 07-2025lowest value 09-2025: 0.3%● unchanged vs 08-2025lowest value 10-2025: 0.3%● unchanged vs 09-2025lowest value 11-2025: 0.3%● unchanged vs 10-2025lowest value 12-2025: 0.3%● unchanged vs 11-2025lowest value 01-2026: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.5%▲ +0.1 percentage points vs 06-2026 08-2026: 1.0%▲ +0.5 percentage points vs 07-2026 09-2026: 2.5%▲ +1.5 percentage points vs 08-2026highest value 10-2026: 2.5%● unchanged vs 09-2026highest value

Credit of up to €16,000 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.96, compared with 1.13 in 2024, below 1; short-term debt: 64.5% and cash: 0.2% of total assets), and 71.6% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 28, small): better than 31% on solvency, 10% on liquidity, 3% on profitability and 8% on growth.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

raises risk

Loss of €219,876 (financial year 2025)

NBB · annual accounts

Liquidity: current ratio 0.96, cash €2,417, halved

NBB · annual accounts

Last filed accounts filed 31 days late; 1 of the last 3 late

NBB · filings

Size: 12.7 FTE, total assets €1.1m

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

2025 accounts filed 31 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

31 days late

2024

16 days early

2023

27 days late

2022

27 days late

2021

26 days late

2020

122 days late

2019

49 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 38 days after the deadline; the sector median (NACE 28) for financial year 2024 is 11 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)

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 27 August (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

24-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

25-09-2026 Resignations: GLIGES (director) and Marcel Cooremans…Gazette deed
31-08-2026 Annual accounts filedfinancial year 2025 · full…
31-12-2025 Weakest financial yearnet -€219,876

Key points

Caution: From profit to loss in 2025after €60,013 in 2024 -€219,876 View
Caution: Among the weakest 15% on net resultsector median €151,759 · 383 companies -€219,876 View
Controlled by TechniConcept 100% View
Directors leftlatest change 25-09-2026 · 4 in office 2 left View

By topic

Financials

Financial year: 2025
Total assets: €1.1m
Loss: -€219,876
Solvency: 28.4%

Total assets▼ 44.0%

Net result

20182025

Go to Financials

Board & ownership

Board: 4 members
Parent: TechniConcept · 100%

Ameur SKHIRIDirector
OLIVER and GO srlDirector
SOGESTFIN sprlDirector
TECHNICONCEPT sprlDirector

Go to Board & ownership

Timeline

Events: 23
Since: 2013
Next accounts: by 31-07-2027

18-08-2025Resignation: Willy HOYOIS (director)
15-07-2025Annual accounts filed
31-12-2024Back to profit

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Manufacture of machinery and equipment not elsewhere classifiedNACE 28210
Founded: 15-02-2012
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 58

Who signs: Two directors jointly
Annual meeting: Last Friday of May at 16:00
Purpose: “L'achat, la vente, l'expertise, l'audit, la location, la construction, l'entretien et la…” (deed in French)

Go to Articles of association

Key facts about BTF

What is the company number of BTF?: 0843.690.063. In Belgium the VAT number is the company number with BE in front: BE 0843.690.063.
Where is BTF based?: The registered office is at Rue de Waremme 124, 4530 Villers-le-Bouillet.Company details
What does BTF do?: According to the KBO register, the main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28210).
What is the legal form of BTF?: Public limited company (NV).
When was BTF founded?: On 15-02-2012.
Is BTF still active?: Yes, BTF is an active enterprise in the KBO register.
How many employees does BTF have?: On average 12.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of BTF?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is BTF profitable?: In financial year 2025, BTF made a loss of €219,876.
Where can I find the annual accounts of BTF?: BTF filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BTF due?: By 31-07-2027, for financial year 2026.Timeline