ComTIS Installations
ActiveSummary
ComTIS Installations has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-5.47M) and a net result of €-2.37M. Equity is shrinking by ~72.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 2056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-1
Solvency0=
Growth22▼-19
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.18 against 0.39 in 2024; short-term debt: 507.7% and cash: 38.5% of total assets), and equity is negative.
Credit check for your own amount and term
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 →
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
-521.6%
Return on assets
-225.8%
Age of the figures
9 mo
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 · 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 €-5.47M
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
20 d early
2023
40 d late
2022
25 d early
2021
31 d late
2020
97 d late
2019
31 d late
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€2.25M▼ 43.0%
2024 · €3.95M
2018: €6.32M
2019: €8.01M▲ +26.7% vs 2018
2020: €8.15M▲ +1.8% vs 2019highest in 8 years
2021: €7.75M▼ -5.0% vs 2020
2022: €5.54M▼ -28.5% vs 2021
2023: €5.04M▼ -9.0% vs 2022
2024: €3.95M▼ -21.7% vs 2023
2025: €2.25M▼ -43.0% vs 2024lowest in 8 years
2018 → 2025
EBIT margin
-104.6%▼ 98.0pp
2024 · -6.6%
2018: -11.2%
2019: 1.0%▲ +109% vs 2018highest in 8 years
2020: -8.2%▼ -883% vs 2019
2021: -6.7%▲ +18.4% vs 2020
2022: -15.8%▼ -138% vs 2021
2023: -26.4%▼ -66.8% vs 2022
2024: -6.6%▲ +75.1% vs 2023
2025: -104.6%▼ -1492% vs 2024lowest in 8 years
2018 → 2025
Net result
€-2.37M▼ 710%
2024 · €-292k
2018: €-749k
2019: €33k▲ +104% vs 2018highest in 8 years
2020: €-741k▼ -2322% vs 2019
2021: €-576k▲ +22.2% vs 2020
2022: €-909k▼ -57.7% vs 2021
2023: €-1.49M▼ -64.1% vs 2022
2024: €-292k▲ +80.4% vs 2023
2025: €-2.37M▼ -710% vs 2024lowest in 8 years
2018 → 2025
Working capital
€-4.39M▼ 36.4%
2024 · €-3.22M
2018: €-225k
2019: €786k▲ +450% vs 2018highest in 8 years
2020: €39k▼ -95.0% vs 2019
2021: €-621k▼ -1674% vs 2020
2022: €-1.48M▼ -139% vs 2021
2023: €-2.95M▼ -98.8% vs 2022
2024: €-3.22M▼ -9.2% vs 2023
2025: €-4.39M▼ -36.4% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€7.75M-€5.54M▼ 28.5%€5.04M▼ 9.0%€3.95M▼ 21.7%€2.25M▼ 43.0%
2021: €7.75Mhighest in 5 years
2022: €5.54M▼ -28.5% vs 2021
2023: €5.04M▼ -9.0% vs 2022
2024: €3.95M▼ -21.7% vs 2023
2025: €2.25M▼ -43.0% vs 2024lowest in 5 years
Equity€-409k-€-1.32M▼ 222%€-2.81M▼ 113%€-3.10M▼ 10.4%€-5.47M▼ 76.3%
2021: €-409khighest in 5 years
2022: €-1.32M▼ -222% vs 2021
2023: €-2.81M▼ -113% vs 2022
2024: €-3.10M▼ -10.4% vs 2023
2025: €-5.47M▼ -76.3% vs 2024lowest in 5 years
Operating result€-515k-€-876k▼ 70.0%€-1.33M▼ 51.7%€-259k▲ 80.5%€-2.35M▼ 808%
2021: €-515k
2022: €-876k▼ -70.0% vs 2021
2023: €-1.33M▼ -51.7% vs 2022
2024: €-259k▲ +80.5% vs 2023highest in 5 years
2025: €-2.35M▼ -808% vs 2024lowest in 5 years
Net result€-576k-€-909k▼ 57.7%€-1.49M▼ 64.1%€-292k▲ 80.4%€-2.37M▼ 710%
2021: €-576k
2022: €-909k▼ -57.7% vs 2021
2023: €-1.49M▼ -64.1% vs 2022
2024: €-292k▲ +80.4% vs 2023highest in 5 years
2025: €-2.37M▼ -710% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2.35M in 2025 against €259k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.05M
Fixed assets
€115k ▼ 1.2%
Current assets
€934k ▼ 53.8%
Key figures and ratios
EBITDA
€-2.33M▼
2024 · €-238k
Cash flow
€-2.35M▼
2024 · €-271k
Solvency
-521.6%▼
2024 · -145.2%
Current ratio
0.18▼
2024 · 0.39
Quick ratio
0.17▼
2024 · 0.34
Debt to equity
-0.97▲
2024 · -1.69
ROA
-225.8%▼
2024 · -13.7%
Interest coverage
-208.73▼
2024 · -27.38
Debt
€5.32M▲
2024 · €5.24M
Debt ≤ 1 year
€5.32M▲
2024 · €5.24M
Income taxes
€2k▼
2024 · €3k
Staff costs
€1.58M▼
2024 · €1.70M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 68 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.14M€1.05M▼
Fixed assets21/28€116k€115k▼
Tangible fixed assets22/27€77k€76k▼
Plant, machinery and equipment23€4k€9k▲
Furniture and vehicles24€2k€10k▲
Other tangible fixed assets26€72k€57k▼
Financial fixed assets28€39k€39k=
Other financial fixed assets284/8€39k€39k=
Shares284€3k€3k=
Amounts receivable and cash guarantees285/8€36k€36k=
Current assets29/58€2.02M€934k▼
Stocks and contracts in progress3€220k€33k▼
Stocks30/36€33k€33k=
Raw materials and consumables30/31€33k€33k=
Contracts in progress37€187k-
Amounts receivable within one year40/41€1.27M€497k▼
Trade receivables40€1.26M€486k▼
Other amounts receivable41€7k€11k▲
Cash at bank and in hand54/58€522k€403k▼
Deferred charges and accrued income490/1€6k-
Equity and liabilities
Total equity and liabilities10/49€2.14M€1.05M▼
Equity10/15€-3.10M€-5.47M▼
Contributions10/11€1.83M€1.83M=
Capital10€1.83M€1.83M=
Issued capital100€1.83M€1.83M=
Reserves13€33k€33k=
Non-distributable reserves130/1€33k€33k=
Legal reserve130€33k€33k=
Profit (loss) carried forward14€-4.96M€-7.33M▼
Provisions and deferred taxes16-€1.19M
Provisions for liabilities and charges160/5-€1.19M
Other liabilities and charges164/5-€1.19M
Amounts payable17/49€5.24M€5.32M▲
Amounts payable within one year42/48€5.24M€5.32M▲
Trade debts44€652k€749k▲
Suppliers440/4€652k€749k▲
Advances received on contracts in progress46€17k€27k▲
Taxes, remuneration and social security45€190k€168k▼
Remuneration and social security454/9€190k€168k▼
Other amounts payable47/48€4.38M€4.38M=
Income statement
Code20242025
Operating income70/76A€3.99M€2.32M▼
Turnover70€3.95M€2.25M▼
Change in stocks of work in progress, finished goods and contracts in progress71€-449k€-187k▲
Other operating income74€42k€60k▲
Non-recurring operating income76A€446k€197k▼
Operating charges60/66A€4.25M€4.68M▲
Goods for resale, raw materials and consumables60€2.04M€1.28M▼
Purchases600/8€1.95M€1.28M▼
Change in stocks: decrease (increase)609€90k-
Services and other goods61€487k€585k▲
Remuneration, social security and pensions62€1.70M€1.58M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€21k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€1.19M
Other operating charges640/8€3k€19k▲
Operating profit (loss)9901€-259k€-2.35M▼
Financial charges65/66B€30k€11k▼
Recurring financial charges65€30k€11k▼
Debt charges650€9k€11k▲
Other financial charges652/9€22k-
Profit (loss) for the period before taxes9903€-290k€-2.37M▼
Income taxes67/77€3k€2k▼
Taxes670/3€3k€3k=
Tax adjustments and reversals of tax provisions77-€996
Profit (loss) for the period9904€-292k€-2.37M▼
Profit (loss) for the period to be appropriated9905€-292k€-2.37M▼
Appropriation of the result
Profit (loss) to be appropriated9906€-4.96M€-7.33M▼
Profit (loss) brought forward from the previous period14P€-4.67M€-4.96M▼
Social balance
Average headcount (FTE)908725.918.5▼
The notes to these accounts (41 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €7.80M | €6.23M | €4.93M | €3.99M | €2.32M | ▼ 41.8% |
| Turnover70 | €7.75M | €5.54M | €5.04M | €3.95M | €2.25M | ▼ 43.0% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | €-201k | €651k | €-359k | €-449k | €-187k | ▲ 58.3% |
| Other operating income74 | €55k | €39k | €36k | €42k | €60k | ▲ 42.5% |
| Non-recurring operating income76A | €200k | - | €215k | €446k | €197k | ▼ 55.7% |
| Operating charges60/66A | €8.32M | €7.11M | €6.26M | €4.25M | €4.68M | ▲ 10.1% |
| Goods for resale, raw materials and consumables60 | €3.88M | €4.00M | €3.64M | €2.04M | €1.28M | ▼ 37.1% |
| Purchases600/8 | €3.94M | €3.95M | €3.63M | €1.95M | €1.28M | ▼ 34.2% |
| Change in stocks: decrease (increase)609 | €-68k | €58k | €18k | €90k | - | - |
| Services and other goods61 | €1.45M | €840k | €492k | €487k | €585k | ▲ 20.0% |
| Remuneration, social security and pensions62 | €2.92M | €2.21M | €2.09M | €1.70M | €1.58M | ▼ 7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €59k | €47k | €27k | €21k | €21k | ▼ 1.5% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €1.19M | - |
| Other operating charges640/8 | €9k | €5k | €5k | €3k | €19k | ▲ 508% |
| Operating profit (loss)9901 | €-515k | €-876k | €-1.33M | €-259k | €-2.35M | ▼ 808% |
| Financial charges65/66B | €49k | €35k | €165k | €30k | €11k | ▼ 63.2% |
| Recurring financial charges65 | €49k | €35k | €165k | €30k | €11k | ▼ 63.2% |
| Debt charges650 | €24k | €35k | €127k | €9k | €11k | ▲ 28.6% |
| Other financial charges652/9 | €25k | - | €38k | €22k | - | - |
| Profit (loss) for the period before taxes9903 | €-564k | €-911k | €-1.49M | €-290k | €-2.37M | ▼ 717% |
| Income taxes67/77 | €12k | €-3k | €-2k | €3k | €2k | ▼ 39.8% |
| Taxes670/3 | €12k | - | €4k | €3k | €3k | = |
| Tax adjustments and reversals of tax provisions77 | - | €3k | €6k | - | €996 | - |
| Profit (loss) for the period9904 | €-576k | €-909k | €-1.49M | €-292k | €-2.37M | ▼ 710% |
| Profit (loss) for the period to be appropriated9905 | €-576k | €-909k | €-1.49M | €-292k | €-2.37M | ▼ 710% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.93M | €3.35M | €1.94M | €2.14M | €1.05M | ▼ 50.9% |
| Fixed assets21/28 | €211k | €164k | €138k | €116k | €115k | ▼ 1.2% |
| Tangible fixed assets22/27 | €172k | €125k | €98k | €77k | €76k | ▼ 1.8% |
| Plant, machinery and equipment23 | €19k | €13k | €8k | €4k | €9k | ▲ 145% |
| Furniture and vehicles24 | €32k | €11k | €4k | €2k | €10k | ▲ 422% |
| Other tangible fixed assets26 | €121k | €101k | €86k | €72k | €57k | ▼ 20.4% |
| Financial fixed assets28 | €39k | €39k | €39k | €39k | €39k | = |
| Other financial fixed assets284/8 | €39k | €39k | €39k | €39k | €39k | = |
| Shares284 | €3k | €3k | €3k | €3k | €3k | = |
| Amounts receivable and cash guarantees285/8 | €36k | €36k | €36k | €36k | €36k | = |
| Current assets29/58 | €1.72M | €3.18M | €1.80M | €2.02M | €934k | ▼ 53.8% |
| Stocks and contracts in progress3 | €543k | €1.14M | €759k | €220k | €33k | ▼ 84.9% |
| Stocks30/36 | €198k | €141k | €123k | €33k | €33k | = |
| Raw materials and consumables30/31 | €198k | €141k | €123k | €33k | €33k | = |
| Contracts in progress37 | €345k | €995k | €636k | €187k | - | - |
| Amounts receivable within one year40/41 | €978k | €1.47M | €746k | €1.27M | €497k | ▼ 60.9% |
| Trade receivables40 | €836k | €1.33M | €683k | €1.26M | €486k | ▼ 61.5% |
| Other amounts receivable41 | €141k | €134k | €63k | €7k | €11k | ▲ 51.4% |
| Cash at bank and in hand54/58 | €190k | €576k | €284k | €522k | €403k | ▼ 22.8% |
| Deferred charges and accrued income490/1 | €6k | €3k | €10k | €6k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.93M | €3.35M | €1.94M | €2.14M | €1.05M | ▼ 50.9% |
| Equity10/15 | €-409k | €-1.32M | €-2.81M | €-3.10M | €-5.47M | ▼ 76.3% |
| Contributions10/11 | €1.83M | €1.83M | €1.83M | €1.83M | €1.83M | = |
| Capital10 | €1.83M | €1.83M | €1.83M | €1.83M | €1.83M | = |
| Issued capital100 | €1.83M | €1.83M | €1.83M | €1.83M | €1.83M | = |
| Reserves13 | €33k | €33k | €33k | €33k | €33k | = |
| Non-distributable reserves130/1 | €33k | €33k | €33k | €33k | €33k | = |
| Legal reserve130 | €33k | €33k | €33k | €33k | €33k | = |
| Profit (loss) carried forward14 | €-2.27M | €-3.18M | €-4.67M | €-4.96M | €-7.33M | ▼ 47.7% |
| Provisions and deferred taxes16 | - | - | - | - | €1.19M | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €1.19M | - |
| Other liabilities and charges164/5 | - | - | - | - | €1.19M | - |
| Amounts payable17/49 | €2.34M | €4.66M | €4.75M | €5.24M | €5.32M | ▲ 1.6% |
| Amounts payable within one year42/48 | €2.34M | €4.66M | €4.75M | €5.24M | €5.32M | ▲ 1.6% |
| Financial debts43 | €1.00M | €1.00M | €300k | - | - | - |
| Credit institutions430/8 | €1.00M | €1.00M | €300k | - | - | - |
| Trade debts44 | €505k | €1.89M | €563k | €652k | €749k | ▲ 14.8% |
| Suppliers440/4 | €505k | €1.89M | €563k | €652k | €749k | ▲ 14.8% |
| Advances received on contracts in progress46 | €23k | €50k | €35k | €17k | €27k | ▲ 60.2% |
| Taxes, remuneration and social security45 | €149k | €144k | €170k | €190k | €168k | ▼ 11.4% |
| Taxes450/3 | €6k | - | - | - | - | - |
| Remuneration and social security454/9 | €143k | €144k | €170k | €190k | €168k | ▼ 11.4% |
| Other amounts payable47/48 | €661k | €1.58M | €3.68M | €4.38M | €4.38M | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-576k | €-909k | €-1.49M | €-292k | €-2.37M | ▼ 710% |
| + Depreciation and write-downs630 | €59k | €47k | €27k | €21k | €21k | ▼ 1.5% |
| Operating cash flow (approximation) | €-517k | €-861k | €-1.46M | €-271k | €-2.35M | ▼ 766% |
| Investment in fixed assets (approximation) | - | €-291 | €0 | €0 | €-20k | - |
| Change in cash | - | €386k | €-292k | €238k | €-119k | ▼ 150% |
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
21-08
State Gazette act
Permanent representative: Ronny EijckmansRegistered-office move · Power of attorney4 facts ▸
State Gazette act
Permanent representative: Ronny Eijckmans
Registered-office move · Power of attorney4 facts ▸
- Board meeting, 29-06-2026
- Registered-office move, 2440 Geel, Lammerdries 12
- Power of attorney
- Permanent representative, Ronny Eijckmans
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-2.37M
Net result drops to €-2.37M, the lowest in the series.
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
09-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 40 days late
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
05-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 97 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
31-12
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
31-12
Financial
Equity above €500kEq €908k
Equity rises from €-126k to €908k.
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
08-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 15 acts read
About the unread acts
Of the 15 Belgian State Gazette acts we know for this company, 1 has been read. The other 14 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
15 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Geel · 1 establishment unit since 2009
Ground area
3.4 ha
Building footprint
5,238 m²
Parcel 13373A0494/00E000, Flanders. Linked by address, not a title deed.
46
companies at this address
See who is registered here
1 establishment unit
ComTIS Installations
since 20092.179.048.184
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13373A0494/00E000 | Flanders | 3.4 ha | 1 · 5,238 m² | - |
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
Dual-learning approval
1 endedSanitair installateur (so)
Legal Entity Identifier
6994004YC3BJGYZHF414
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Identification & contact
Identification
Legal formPublic limited company
Founded10-06-2009
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43211General electrical installation work
43221Plumbing work
Scores and ratios are computed by Checked and are not a credit decision.