BUYLE TECHNICS
ActiveSummary
The computed 12-month bankruptcy probability of BUYLE TECHNICS is 1.9% (moderate). The 2026 annual accounts show equity of €176,365 and a net result of €43,360. Equity is growing by ~25.5% per year across the filed fiscal years. Its solvency ranks better than 30% of 237 sector peers (fiscal year 2026). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2026
Axes · tick = 2025
Profitability71▲+9
Solvency54▲+4
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity tight (current ratio 1.03 against 0.72 in 2025; short-term debt: 26.8% and cash: 12% of total assets), and 70.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
29.4%
Return on assets
7.2%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 23-09-2026, 38 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2026
38 d early
2025
22 d early
2024
19 d early
2023
34 d early
2022
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 29 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 30 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-03-2027 close31-10-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2026, micro schema
Equity
€176,365▲ 32.6%
2025 · €133,005
Total assets
€599,169▲ 10.6%
2025 · €541,961
Net result
€43,360▲ 43.3%
2025 · €30,255
Working capital
€5,478
2025 · -€35,986
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result€47,791-€49,587▲ 3.8%€201,416▲ 306%€56,529▼ 71.9%€74,418▲ 31.6%
Net result€35,698above the sector's middle half-€33,364above the sector's middle half▼ 6.5%€148,188above the sector's middle half▲ 344%€30,255above the sector's middle half▼ 79.6%€43,360▲ 43.3%
Equity€38,198within the sector's middle half-€71,562within the sector's middle half▲ 87.3%€219,750above the sector's middle half▲ 207%€133,005within the sector's middle half▼ 39.5%€176,365▲ 32.6%
Total assets€76,465within the sector's middle half-€125,842within the sector's middle half▲ 64.6%€516,054above the sector's middle half▲ 310%€541,961above the sector's middle half▲ 5.0%€599,169▲ 10.6%
Debt€38,268-€54,280▲ 41.8%€296,303▲ 446%€408,956▲ 38.0%€422,803▲ 3.4%
Working capital€15,178within the sector's middle half-€60,289within the sector's middle half▲ 297%€118,614above the sector's middle half▲ 96.7%-€35,986below the sector's middle half€5,478
Solvency50.0%within the sector's middle half-56.9%within the sector's middle half▲ 6.9pp42.6%within the sector's middle half▼ 14.3pp24.5%within the sector's middle half▼ 18.0pp29.4%▲ 4.9pp
Current ratio1.40within the sector's middle half-2.11within the sector's middle half▲ 0.712.66within the sector's middle half▲ 0.550.72below the sector's middle half▼ 1.941.03▲ 0.31
Return on assets (ROA)46.7%above the sector's middle half-26.5%above the sector's middle half▼ 20.2pp28.7%above the sector's middle half▲ 2.2pp5.6%within the sector's middle half▼ 23.1pp7.2%▲ 1.7pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2026; 2026 is 32% above 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €599,169
Fixed assets
€433,356 ▼ 3.3%
Current assets
€165,813 ▲ 77.0%
Equity and liabilities €599,169
Equity
€176,365 ▲ 32.6%
Debt
€422,803 ▲ 3.4%
Debt's share of the balance-sheet total falls from 75.5% to 70.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€103,416▲
2025 · €76,264
Cash flow
€72,358▲
2025 · €49,989
Quick ratio
0.81▲
2025 · 0.62
Debt to equity
2.40▼
2025 · 3.07
ROE
24.6%▲
2025 · 22.7%
Interest coverage
5.22▲
2025 · 4.33
Debt ≤ 1 year
€160,335▲
2025 · €129,691
Debt > 1 year
€255,436▼
2025 · €275,407
Income taxes
€11,415▲
2025 · €9,053
Staff costs
€287
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,679 companies that looked in July 2024 the way this one looks now, 1.3% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.3%
went bankrupt
1.2%
stopped otherwise
97%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,679 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €5,777 | - |
| Remuneration, social security and pensions62 | - | - | - | - | €287 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,713 | €11,747 | €25,098 | €19,734 | €28,998 | ▲ 46.9% |
| Other operating charges640/8 | €3,268 | €374 | €964 | €3,459 | €3,502 | ▲ 1.3% |
| Gross operating margin9900 | €63,772 | €61,708 | €227,478 | €79,723 | €107,205 | ▲ 34.5% |
| Operating profit (loss)9901 | €47,791 | €49,587 | €201,416 | €56,529 | €74,418 | ▲ 31.6% |
| Financial income75/76B | €1,490 | €173 | €141 | €411 | €182 | ▼ 55.7% |
| Recurring financial income75 | €1,490 | €173 | €141 | €411 | €182 | ▼ 55.7% |
| Financial charges65/66B | €127 | €2,995 | €5,396 | €17,632 | €19,825 | ▲ 12.4% |
| Recurring financial charges65 | €127 | €2,995 | €5,396 | €17,632 | €19,825 | ▲ 12.4% |
| Profit (loss) for the period before taxes9903 | €49,154 | €46,765 | €196,161 | €39,308 | €54,775 | ▲ 39.3% |
| Income taxes67/77 | €13,456 | €13,400 | €47,973 | €9,053 | €11,415 | ▲ 26.1% |
| Profit (loss) for the period9904 | €35,698 | €33,364 | €148,188 | €30,255 | €43,360 | ▲ 43.3% |
| Profit (loss) for the period to be appropriated9905 | €35,698 | €33,364 | €148,188 | €30,255 | €43,360 | ▲ 43.3% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €76,465 | €125,842 | €516,054 | €541,961 | €599,169 | ▲ 10.6% |
| Fixed assets21/28 | €23,020 | €11,273 | €325,989 | €448,256 | €433,356 | ▼ 3.3% |
| Tangible fixed assets22/27 | €23,020 | €11,273 | €325,989 | €448,256 | €433,356 | ▼ 3.3% |
| Land and buildings22 | - | - | €325,486 | €396,533 | €391,369 | ▼ 1.3% |
| Plant, machinery and equipment23 | €9,423 | €4,776 | €503 | €19,068 | €15,958 | ▼ 16.3% |
| Furniture and vehicles24 | €13,597 | €6,497 | €0 | €32,655 | €26,030 | ▼ 20.3% |
| Current assets29/58 | €53,446 | €114,569 | €190,065 | €93,705 | €165,813 | ▲ 77.0% |
| Stocks and contracts in progress3 | - | - | - | €13,062 | €35,144 | ▲ 169% |
| Stocks30/36 | - | - | - | €13,062 | €35,144 | ▲ 169% |
| Amounts receivable within one year40/41 | €37,246 | €86,467 | €44,866 | €52,833 | €55,648 | ▲ 5.3% |
| Trade receivables40 | €34,837 | €78,122 | €28,569 | €25,597 | €36,395 | ▲ 42.2% |
| Other amounts receivable41 | €2,409 | €8,345 | €16,297 | €27,236 | €19,253 | ▼ 29.3% |
| Cash at bank and in hand54/58 | €14,994 | €25,401 | €142,664 | €21,482 | €71,929 | ▲ 235% |
| Deferred charges and accrued income490/1 | €1,206 | €2,701 | €2,535 | €6,328 | €3,092 | ▼ 51.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €76,465 | €125,842 | €516,054 | €541,961 | €599,169 | ▲ 10.6% |
| Equity10/15 | €38,198 | €71,562 | €219,750 | €133,005 | €176,365 | ▲ 32.6% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Reserves13 | €35,698 | €69,062 | €217,250 | €130,505 | €130,505 | = |
| Distributable reserves133 | €35,698 | €69,062 | €217,250 | €130,505 | €130,505 | = |
| Profit (loss) carried forward14 | - | - | - | €0 | €43,360 | - |
| Amounts payable17/49 | €38,268 | €54,280 | €296,303 | €408,956 | €422,803 | ▲ 3.4% |
| Amounts payable after more than one year17 | - | - | €224,852 | €275,407 | €255,436 | ▼ 7.3% |
| Financial debts170/4 | - | - | €224,852 | €275,407 | €255,436 | ▼ 7.3% |
| Amounts payable within one year42/48 | €38,268 | €54,280 | €71,451 | €129,691 | €160,335 | ▲ 23.6% |
| Current portion of amounts payable after more than one year42 | - | - | €12,335 | €19,248 | €19,971 | ▲ 3.8% |
| Trade debts44 | €23,495 | €28,080 | €14,506 | €11,108 | €37,939 | ▲ 242% |
| Suppliers440/4 | €23,495 | €28,080 | €14,506 | €11,108 | €37,939 | ▲ 242% |
| Advances received on contracts in progress46 | €6,000 | €2,000 | €0 | - | - | - |
| Taxes, remuneration and social security45 | €8,772 | €23,647 | €43,458 | €227 | €0 | ▼ 100% |
| Taxes450/3 | €5,962 | €19,357 | €38,325 | €0 | - | - |
| Remuneration and social security454/9 | €2,810 | €4,291 | €5,134 | €227 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €552 | €1,152 | €99,108 | €102,425 | ▲ 3.3% |
| Accrued charges and deferred income492/3 | - | - | - | €3,858 | €7,033 | ▲ 82.3% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €35,698 | €33,364 | €148,188 | €30,255 | €43,360 | ▲ 43.3% |
| + Depreciation and write-downs630 | €12,713 | €11,747 | €25,098 | €19,734 | €28,998 | ▲ 46.9% |
| Operating cash flow (approximation) | €48,411 | €45,111 | €173,286 | €49,989 | €72,358 | ▲ 44.7% |
| Investment in fixed assets (approximation) | - | €0 | -€339,814 | -€142,001 | -€14,098 | ▲ 90.1% |
| Change in cash | - | €10,407 | €117,263 | -€121,182 | €50,447 | ▲ 142% |
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 2027, expected by
2026
23-09
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial
Equity above €150,000Eq €176,365 ▲32.6%
5 profitable years in a row build equity to €176,365.
2025
09-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet €30,255 ▼79.6%
Net result drops to €30,255, the lowest in the series; recovery starts the following year.
2024
12-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Highest result since 2022net €148,188 ▲344%
Operating result €201,416, net result €148,188, both a record.
31-03
Financial
Equity above €200,000Eq €219,750 ▲207%
3 profitable years in a row build equity to €219,750.
2023
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Lokeren · 1 establishment unit since 2021
Ground area
1,388 m²
Building footprint
148 m²
Volume, LiDAR
188 m³
Parcel 46014A0971/00C000, Flanders · tallest building 7.9 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BUYLE TECHNICS
since 20212.313.849.183
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46014A0971/00C000 | Flanders | 1,388 m² | 1 · 148 m² | 7.9 m |
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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 53 EUR awarded · 53 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 53 EUR |
| 2024 | 1 | 53 EUR | 0 EUR |
Similar companies · same sector, comparable size
RC ELECTRICITE
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SUREN ELECTRO
BE 0747.730.537
Dendermonde · Eq €176,523
TACKTIMO
BE 0787.927.436
Deinze · Eq €176,146
HERMAN HEYLEN
BE 0476.446.380
Geel · Eq €176,604
Jens Eelbode
BE 0759.741.612
Dentergem · Eq €176,118
Of 22,831 companies in sector 43211 we hold annual accounts for 10,335. 8,433 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
Founded09-02-2021
Fiscal year end31-03
Activities, NACEBEL 2025
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43350Other building finishing work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0763436916
Also
9925:BE0763436916
Registered
22-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.