CENTECH
ActiveSummary
CENTECH has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€57,901) and a net result of -€98,634. Equity is shrinking by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 8% of 28051 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability4▼-35
Solvency18▼-12
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.77 against 0.94 in 2024; short-term debt: 80% and cash: 16.5% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
-7.1%
Return on assets
-12%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€57,901
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 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 · 10 filingsDeviation from the deadline
2025
19 d late
2024
26 d late
2023
29 d late
2022
31 d late
2021
25 d late
2020
26 d late
2019
56 d 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 30 days after 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€98,634
2024 · €10,860
Working capital
-€153,036▼ 325%
2024 · -€35,999
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€36,188▼ 21.1%€46,575▲ 28.7%-€93,663€40,325-€81,108
Net result€13,535▼ 33.5%€18,713▲ 38.2%-€111,675€10,860-€98,634
Equity€122,835▲ 12.4%€141,547▲ 15.2%€29,872▼ 78.9%€40,733▲ 36.4%-€57,901
Total assets€1.0m▼ 0.1%€1.0m▲ 0.2%€893,896▼ 11.8%€878,816▼ 1.7%€818,544▼ 6.9%
Debt€888,418▼ 1.6%€871,739▼ 1.9%€864,023▼ 0.9%€838,084▼ 3.0%€876,445▲ 4.6%
Working capital€31,554▼ 0.1%€48,126▲ 52.5%-€52,061-€35,999▲ 30.9%-€153,036▼ 325%
Staff (FTE)23.8▼ 4.8%22.8▼ 4.2%22.5▼ 1.3%21.2▼ 5.8%21▼ 0.9%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €81,108 after €40,325 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €818,544
Fixed assets
€317,098 ▼ 3.7%
Current assets
€501,446 ▼ 8.8%
Key figures and ratios
EBITDA
-€53,221▼
2024 · €67,268
Cash flow
-€70,746▼
2024 · €37,804
Solvency
-7.1%▼
2024 · 4.6%
Current ratio
0.77▼
2024 · 0.94
Quick ratio
0.71▼
2024 · 0.90
Debt to equity
-15.14▼
2024 · 20.58
ROA
-12.0%▼
2024 · 1.2%
Interest coverage
-2.29▼
2024 · 2.29
Debt ≤ 1 year
€654,482▲
2024 · €585,575
Debt > 1 year
€219,134▼
2024 · €241,357
Income taxes
€200▲
2024 · €181
Staff costs
€1.0m▲
2024 · €964,946
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €995,281 | €947,839 | €1.0m | €964,946 | €1.0m | ▲ 7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €34,184 | €34,075 | €32,401 | €26,944 | €27,888 | ▲ 3.5% |
| Other operating charges640/8 | €7,977 | €6,966 | €3,863 | €3,805 | €8,587 | ▲ 126% |
| Non-recurring operating charges66A | - | - | - | €149 | €48 | ▼ 67.6% |
| Gross operating margin9900 | €1.1m | €1.0m | €986,284 | €1.0m | €988,590 | ▼ 4.6% |
| Operating profit (loss)9901 | €36,188 | €46,575 | -€93,663 | €40,325 | -€81,108 | ▼ 301% |
| Financial income75/76B | €3 | €164 | €8 | €144 | €5,898 | ▲ 3,982% |
| Recurring financial income75 | €3 | €164 | €8 | €144 | €104 | ▼ 27.8% |
| Non-recurring financial income76B | - | - | - | - | €5,794 | - |
| Financial charges65/66B | €16,071 | €17,883 | €18,019 | €29,428 | €23,223 | ▼ 21.1% |
| Recurring financial charges65 | €16,071 | €17,883 | €18,019 | €29,428 | €23,223 | ▼ 21.1% |
| Profit (loss) for the period before taxes9903 | €20,119 | €28,856 | -€111,674 | €11,041 | -€98,434 | ▼ 992% |
| Income taxes67/77 | €6,584 | €10,144 | €1 | €181 | €200 | ▲ 10.7% |
| Profit (loss) for the period9904 | €13,535 | €18,713 | -€111,675 | €10,860 | -€98,634 | ▼ 1,008% |
| Profit (loss) for the period to be appropriated9905 | €13,535 | €18,713 | -€111,675 | €10,860 | -€98,634 | ▼ 1,008% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.0m | €1.0m | €893,896 | €878,816 | €818,544 | ▼ 6.9% |
| Fixed assets21/28 | €403,375 | €381,984 | €352,402 | €329,241 | €317,098 | ▼ 3.7% |
| Tangible fixed assets22/27 | €379,477 | €358,086 | €328,504 | €312,843 | €300,700 | ▼ 3.9% |
| Land and buildings22 | €357,301 | €337,816 | €317,589 | €299,262 | €283,286 | ▼ 5.3% |
| Plant, machinery and equipment23 | €12,783 | €18,459 | €9,240 | €9,746 | €3,873 | ▼ 60.3% |
| Furniture and vehicles24 | €9,394 | €1,811 | €1,675 | €3,834 | €13,541 | ▲ 253% |
| Financial fixed assets28 | €23,898 | €23,898 | €23,898 | €16,398 | €16,398 | = |
| Current assets29/58 | €607,878 | €631,303 | €541,494 | €549,576 | €501,446 | ▼ 8.8% |
| Amounts receivable after more than one year29 | €2,657 | €2,657 | €2,657 | €2,657 | €2,657 | = |
| Trade receivables290 | €2,657 | €2,657 | €2,657 | €2,657 | €2,657 | = |
| Stocks and contracts in progress3 | €13,014 | €11,759 | €21,880 | €22,875 | €38,214 | ▲ 67.1% |
| Stocks30/36 | €13,014 | €11,759 | €21,880 | €22,875 | €38,214 | ▲ 67.1% |
| Amounts receivable within one year40/41 | €485,609 | €567,250 | €494,830 | €402,474 | €312,094 | ▼ 22.5% |
| Trade receivables40 | €477,033 | €567,250 | €494,830 | €402,474 | €311,974 | ▼ 22.5% |
| Other amounts receivable41 | €8,576 | - | - | - | €119 | - |
| Cash at bank and in hand54/58 | €106,485 | €49,077 | €19,989 | €119,241 | €135,313 | ▲ 13.5% |
| Deferred charges and accrued income490/1 | €113 | €560 | €2,138 | €2,329 | €13,169 | ▲ 465% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.0m | €1.0m | €893,896 | €878,816 | €818,544 | ▼ 6.9% |
| Equity10/15 | €122,835 | €141,547 | €29,872 | €40,733 | -€57,901 | ▼ 242% |
| Contributions10/11 | €18,750 | €18,750 | €18,750 | €18,750 | €18,750 | = |
| Reserves13 | €103,773 | €122,485 | €54,485 | €54,485 | €54,485 | = |
| Non-distributable reserves130/1 | €1,875 | €1,875 | €1,875 | - | - | - |
| Reserves not available under the articles1311 | €1,875 | €1,875 | €1,875 | - | - | - |
| Distributable reserves133 | €101,898 | €120,610 | €52,610 | €54,485 | €54,485 | = |
| Profit (loss) carried forward14 | €312 | €312 | -€43,363 | -€32,503 | -€131,136 | ▼ 303% |
| Amounts payable17/49 | €888,418 | €871,739 | €864,023 | €838,084 | €876,445 | ▲ 4.6% |
| Amounts payable after more than one year17 | €306,514 | €285,039 | €263,327 | €241,357 | €219,134 | ▼ 9.2% |
| Financial debts170/4 | €306,214 | €284,739 | €263,027 | €241,057 | €168,834 | ▼ 30.0% |
| Other amounts payable178/9 | €300 | €300 | €300 | €300 | €50,300 | ▲ 16,667% |
| Amounts payable within one year42/48 | €576,324 | €583,177 | €593,554 | €585,575 | €654,482 | ▲ 11.8% |
| Current portion of amounts payable after more than one year42 | €42,318 | €42,513 | €41,952 | €44,226 | €42,860 | ▼ 3.1% |
| Financial debts43 | €250,000 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Credit institutions430/8 | €250,000 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Trade debts44 | €146,129 | €134,639 | €123,914 | €100,784 | €124,192 | ▲ 23.2% |
| Suppliers440/4 | €146,129 | €134,639 | €123,914 | €100,784 | €124,192 | ▲ 23.2% |
| Advances received on contracts in progress46 | €662 | - | - | - | €474 | - |
| Taxes, remuneration and social security45 | €121,072 | €134,422 | €154,784 | €159,590 | €209,863 | ▲ 31.5% |
| Taxes450/3 | €20,660 | €18,083 | €28,205 | €50,757 | €75,349 | ▲ 48.4% |
| Remuneration and social security454/9 | €100,412 | €116,340 | €126,579 | €108,832 | €134,513 | ▲ 23.6% |
| Other amounts payable47/48 | €16,143 | €21,603 | €22,905 | €30,975 | €27,093 | ▼ 12.5% |
| Accrued charges and deferred income492/3 | €5,580 | €3,523 | €7,142 | €11,152 | €2,829 | ▼ 74.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,535 | €18,713 | -€111,675 | €10,860 | -€98,634 | ▼ 1,008% |
| + Depreciation and write-downs630 | €34,184 | €34,075 | €32,401 | €26,944 | €27,888 | ▲ 3.5% |
| Operating cash flow (approximation) | €47,719 | €52,788 | -€79,274 | €37,804 | -€70,746 | ▼ 287% |
| Investment in fixed assets (approximation) | - | -€12,684 | -€2,819 | -€3,782 | -€15,745 | ▼ 316% |
| Change in cash | - | -€57,408 | -€29,088 | €99,252 | €16,072 | ▼ 83.8% |
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
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 26 days late
2024
31-12
Financial
Back to profitnet €10,860
Net result €10,860 after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet -€111,675
Net result drops to -€111,675, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 25 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
2020
31-12
Financial
Highest result since 2018net €20,362 ▲153%
Net result €20,362, the highest in the series.
31-12
Financial
Equity above €100,000Eq €109,299 ▲22.9%
3 profitable years in a row build equity to €109,299.
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 56 days late
2019
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 2 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 20 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · full 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, Liège · 1 establishment unit since 2004
Ground area
830 m²
Building footprint
380 m²
Volume, LiDAR
1,883 m³
Parcel 62078A0480/00H018, Wallonia · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
Centech
since 20042.134.308.321
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62078A0480/00H018 | Wallonia | 830 m² | 1 · 380 m² | 6.9 m · 2 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.
Recognitions · licences · registrations
Recognised contractor
5 categoriesCENTECH SRL29813
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Of 22,832 companies in sector 43211 we hold annual accounts for 10,328. 8,348 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
Founded28-11-2003
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
Contact
E-mail
benoitmonville@centech.beLiège
Scores and ratios are computed by Checked and are not a credit decision.