Building Technics

Active

Private limited companyfounded 2018active for 8 yearsLedergemstraat 65, 9041 Gent, Belgium17 active companies are registered at this addressKBO/BCE: BE 0696.727.145

Summary

The computed 12-month bankruptcy probability of Building Technics is 4.0% (moderate). The 2024 annual accounts show equity of €159,419 and a net result of €20,157. Equity is growing by about 29% per year across the filed financial years. Its solvency ranks better than 17% of 7,408 sector peers (NACE 43, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

Building TechnicsActiveChecked score 48/100

Risk analysis Report Compare

Activity

Installation of electric heating, air conditioning, cooling and ventilation

NACE 43222

2 sites

Size

€907,769total assets 2024

Staff: 1.9 FTE
Equity: €159,419
Profit: €20,157

Turnover not published (abbreviated or micro format)

Financial health

48 Fair Checked score 2024

Bankruptcy probabilitywithin 12 months: 4.0%

Structure

DBO ELEKTRO-ENERGIEDirector
RUBEN NAUDTSDirector

2025 accounts not filed, 88 days past the deadline1 of 2 deeds summarised

Why 48raises riskFigures for financial year 2024 (filed 02-07-2025)1 financial year not filed after the legal deadlineFounded in 2018lowers riskSize: 1.9 FTE, total assets €907,769Show the evidence

Checked score

Score 2024

48 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 36% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Average

Solvency 43-3

equity 17.6% of total assets

Liquidity 40+7

short-term debt 36.9% · cash 5.2%

Profitability 69-12

return on assets 2.2%

Bankruptcy probability, 12 months

4.0% Moderate

0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,640 companies, NACE 43, micro)

Last 24 months 11-2024: 1.6% 12-2024: 1.6%● unchanged vs 11-2024 01-2025: 1.6%● unchanged vs 12-2024 02-2025: 1.6%● unchanged vs 01-2025 03-2025: 1.6%● unchanged vs 02-2025 04-2025: 1.9%▲ +0.3 percentage points vs 03-2025 05-2025: 2.3%▲ +0.4 percentage points vs 04-2025 06-2025: 2.5%▲ +0.2 percentage points vs 05-2025 07-2025: 2.7%▲ +0.2 percentage points vs 06-2025 08-2025: 0.9%▼ -1.8 percentage points vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026lowest value 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 1.1%▲ +0.2 percentage points vs 05-2026 07-2026: 1.2%▲ +0.1 percentage points vs 06-2026 08-2026: 1.8%▲ +0.6 percentage points vs 07-2026 09-2026: 2.1%▲ +0.3 percentage points vs 08-2026 10-2026: 4.0%▲ +1.9 percentage points vs 09-2026highest value

Credit of up to €7,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity ample (current ratio 1.76, compared with 1.01 in 2023, above the usual 1.5; short-term debt: 36.9% and cash: 5.2% of total assets), but 82.4% 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 43, micro): better than 20% on solvency, 29% on liquidity, 34% on profitability and 61% on growth.

The bankruptcy probability was computed on 26-10-2026 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

Seven signals.

lowers riskraises riskneutral

Figures for financial year 2024 (filed 02-07-2025)

NBB · annual accounts

1 financial year not filed after the legal deadline

NBB · filings

Size: 1.9 FTE, total assets €907,769

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

NBB · annual accounts

Founded in 2018

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 7408 sector peers (2024).

NBB · sector comparison

Position among 7408 sector peers

Solvency

better than 17%

← weakest strongest →

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 88 days later.

NBB · 7 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline27-10-2026 today

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.

NBB · 7 filings

Deviation from the deadline

2025

not filed

2024

29 days early

2023

18 days early

2022

44 days early

2021

31 days early

2020

24 days early

2019

62 days late

← before the deadline after the deadline →

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

This company filed its last 6 accounts on average 14 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

02-07-2025 Annual accounts filedfinancial year 2024 · abbreviated…
31-12-2024 Equity above €150,000equity €159,419 ▲14.5%
13-07-2024 Annual accounts filedfinancial year 2023 · abbreviated…

Key points

Caution: 2025 accounts not fileddeadline was 31-07-2026 88 days past the deadline View
Caution: Among the weakest 18% on solvencysector median 43.4% · 7,408 companies 17.6% View
Positive: 7 profitable years in a rowprofit 2024: €20,157 7 years View

By topic

Financials

Financial year: 2024
Total assets: €907,769
Profit: €20,157
Solvency: 17.6%

Total assets▲ 36.6%

Net result

20182024

Go to Financials

Board & ownership

Board: 2 members

DBO ELEKTRO-ENERGIEDirector
RUBEN NAUDTSDirector

Go to Board & ownership

Timeline

Events: 11
Since: 2019

31-12-2023Highest result from 2018 to 2024
18-07-2023Resignations: RUBEN NAUDTS (manager) and DBO ELEKTRO-ENERGIE…
17-06-2023Annual accounts filed

Go to Timeline

Company details

Sites: 2

Legal form: Private limited company
Activity: Installation of electric heating, air conditioning, cooling and…NACE 43222
Founded: 23-05-2018
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 13

Annual meeting: Third Saturday of June at 11:00
Purpose: “In- en uitvoer, het verhandelen, leveren, plaatsen van alle elektrische materialen…” (deed in Dutch)

Go to Articles of association

Key facts about Building Technics

What is the company number of Building Technics?: 0696.727.145. In Belgium the VAT number is the company number with BE in front: BE 0696.727.145.
Where is Building Technics based?: The registered office is at Ledergemstraat 65, 9041 Gent.Company details
What does Building Technics do?: According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of Building Technics?: Private limited company (BV).
When was Building Technics founded?: On 23-05-2018.
Is Building Technics still active?: Yes, Building Technics is an active enterprise in the KBO register.
How many employees does Building Technics have?: On average 1.9 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of Building Technics?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Building Technics profitable?: In financial year 2024, Building Technics made a profit of €20,157.
Where can I find the annual accounts of Building Technics?: Building Technics filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2024.