COUNTER-TECHNICS
ActiveSummary
The computed 12-month bankruptcy probability of COUNTER-TECHNICS is 3.3% (moderate). The 2025 annual accounts show equity of €61,725 and a net result of -€408. Equity is growing by ~10.1% per year across the filed fiscal years. Its solvency ranks better than 61% of 28281 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2025
Axes · tick = 2024
Profitability36▼-49
Solvency82▼-14
Growth52▼-26
Track record92
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 2.21 against 3.12 in 2024; short-term debt: 42.8% and cash: 2.6% of total assets), and 42.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
+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
57.2%
Return on assets
-0.4%
Age of the figures
9 mo
neutral · Filed after the deadline
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. 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 · 9 filingsDeviation from the deadline
2025
31 d late
2024
on the day
2023
23 d late
2022
28 d late
2021
26 d late
2020
61 d late
2019
53 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 32 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Checked, nothing found (1)
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. Usually files around 26 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 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 How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€61,725▼ 0.7%
2024 · €62,134
Total assets
€107,935▲ 23.3%
2024 · €87,548
Net result
-€408
2024 · €11,195
Working capital
€55,813▲ 3.7%
2024 · €53,839
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
Line20212022202320242025
Operating result€7,177▼ 87.2%€9,605▲ 33.8%-€13,326€14,161€4,089▼ 71.1%
Net result€2,730within the sector's middle half▼ 93.5%€5,499within the sector's middle half▲ 101%-€14,409below the sector's middle half€11,195within the sector's middle half-€408below the sector's middle half
Equity€61,482within the sector's middle half▲ 3.2%€66,181within the sector's middle half▲ 7.6%€51,772within the sector's middle half▼ 21.8%€62,134within the sector's middle half▲ 20.0%€61,725within the sector's middle half▼ 0.7%
Total assets€139,486within the sector's middle half▼ 7.3%€93,008within the sector's middle half▼ 33.3%€79,893within the sector's middle half▼ 14.1%€87,548within the sector's middle half▲ 9.6%€107,935within the sector's middle half▲ 23.3%
Debt€78,004▼ 14.3%€26,827▼ 65.6%€28,121▲ 4.8%€25,415▼ 9.6%€46,210▲ 81.8%
Working capital€48,722within the sector's middle half▲ 0.2%€51,070within the sector's middle half▲ 4.8%€39,119within the sector's middle half▼ 23.4%€53,839within the sector's middle half▲ 37.6%€55,813within the sector's middle half▲ 3.7%
Solvency44.1%within the sector's middle half▲ 4.5pp71.2%above the sector's middle half▲ 27.1pp64.8%within the sector's middle half▼ 6.4pp71.0%above the sector's middle half▲ 6.2pp57.2%within the sector's middle half▼ 13.8pp
Current ratio1.71within the sector's middle half▲ 0.063.10above the sector's middle half▲ 1.392.39within the sector's middle half▼ 0.713.12within the sector's middle half▲ 0.732.21within the sector's middle half▼ 0.91
Return on assets (ROA)2.0%within the sector's middle half▼ 25.8pp5.9%within the sector's middle half▲ 4.0pp-18.0%below the sector's middle half▼ 23.9pp12.8%within the sector's middle half▲ 30.8pp-0.4%below the sector's middle half▼ 13.2pp
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 falls in 2025; 2025 is 71% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €107,935
Fixed assets
€5,913 ▼ 28.7%
Current assets
€102,022 ▲ 28.7%
Equity and liabilities €107,935
Equity
€61,725 ▼ 0.7%
Debt
€46,210 ▲ 81.8%
Debt's share of the balance-sheet total rises from 29.0% to 42.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€6,471▼
2024 · €16,097
Cash flow
€1,974▼
2024 · €13,130
Debt to equity
0.75▲
2024 · 0.41
ROE
-0.7%▼
2024 · 18.0%
Interest coverage
2.11▼
2024 · 22.67
Debt ≤ 1 year
€46,210▲
2024 · €25,415
Income taxes
€1,437▼
2024 · €2,907
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,910 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
1.1%
went bankrupt
7.8%
stopped otherwise
91%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.3% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 6,910 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €6,444 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,165 | €7,256 | €7,492 | €1,936 | €2,382 | ▲ 23.1% |
| Other operating charges640/8 | €1,275 | €627 | €1,027 | €1,717 | €773 | ▼ 55.0% |
| Non-recurring operating charges66A | €0 | - | - | €4,443 | €0 | ▼ 100% |
| Gross operating margin9900 | €15,617 | €17,488 | -€4,807 | €22,257 | €7,244 | ▼ 67.5% |
| Operating profit (loss)9901 | €7,177 | €9,605 | -€13,326 | €14,161 | €4,089 | ▼ 71.1% |
| Financial income75/76B | €13 | €0 | €10 | €650 | €0 | ▼ 100.0% |
| Recurring financial income75 | €13 | €0 | €10 | €650 | €0 | ▼ 100.0% |
| Financial charges65/66B | €2,697 | €1,085 | €996 | €710 | €3,060 | ▲ 331% |
| Recurring financial charges65 | €2,697 | €1,085 | €996 | €710 | €3,060 | ▲ 331% |
| Profit (loss) for the period before taxes9903 | €4,493 | €8,520 | -€14,312 | €14,102 | €1,029 | ▼ 92.7% |
| Income taxes67/77 | €1,763 | €3,020 | €97 | €2,907 | €1,437 | ▼ 50.6% |
| Profit (loss) for the period9904 | €2,730 | €5,499 | -€14,409 | €11,195 | -€408 | ▼ 104% |
| Profit (loss) for the period to be appropriated9905 | €2,730 | €5,499 | -€14,409 | €11,195 | -€408 | ▼ 104% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €139,486 | €93,008 | €79,893 | €87,548 | €107,935 | ▲ 23.3% |
| Fixed assets21/28 | €22,546 | €17,611 | €12,653 | €8,295 | €5,913 | ▼ 28.7% |
| Tangible fixed assets22/27 | €22,346 | €17,411 | €12,453 | €8,095 | €5,713 | ▼ 29.4% |
| Plant, machinery and equipment23 | €3,435 | €4,050 | €3,864 | €2,131 | €993 | ▼ 53.4% |
| Furniture and vehicles24 | - | - | €779 | €5,964 | €4,720 | ▼ 20.9% |
| Leasing and similar rights25 | €18,911 | €13,361 | €7,810 | €0 | - | - |
| Financial fixed assets28 | €200 | €200 | €200 | €200 | €200 | = |
| Current assets29/58 | €116,939 | €75,397 | €67,240 | €79,253 | €102,022 | ▲ 28.7% |
| Amounts receivable within one year40/41 | €111,158 | €66,748 | €53,037 | €43,091 | €98,049 | ▲ 128% |
| Trade receivables40 | €54,879 | €35,284 | €32,706 | €11,028 | €55,659 | ▲ 405% |
| Other amounts receivable41 | €56,279 | €31,464 | €20,331 | €32,063 | €42,390 | ▲ 32.2% |
| Cash at bank and in hand54/58 | €4,764 | €7,845 | €12,912 | €33,943 | €2,771 | ▼ 91.8% |
| Deferred charges and accrued income490/1 | €1,017 | €805 | €1,292 | €2,219 | €1,203 | ▼ 45.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €139,486 | €93,008 | €79,893 | €87,548 | €107,935 | ▲ 23.3% |
| Equity10/15 | €61,482 | €66,181 | €51,772 | €62,134 | €61,725 | ▼ 0.7% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €45,315 | €50,814 | €50,023 | €55,934 | €55,934 | = |
| Non-distributable reserves130/1 | €792 | €792 | €0 | - | - | - |
| Reserves not available under the articles1311 | €792 | €792 | €0 | - | - | - |
| Distributable reserves133 | €44,523 | €50,023 | €50,023 | €55,934 | €55,934 | = |
| Profit (loss) carried forward14 | €9,967 | €9,167 | -€4,451 | €0 | -€408 | - |
| Amounts payable17/49 | €78,004 | €26,827 | €28,121 | €25,415 | €46,210 | ▲ 81.8% |
| Amounts payable after more than one year17 | €9,786 | €2,499 | €0 | - | - | - |
| Financial debts170/4 | €9,786 | €2,499 | €0 | - | - | - |
| Amounts payable within one year42/48 | €68,218 | €24,327 | €28,121 | €25,415 | €46,210 | ▲ 81.8% |
| Current portion of amounts payable after more than one year42 | €6,980 | €7,287 | €2,499 | €0 | - | - |
| Trade debts44 | €42,750 | €8,058 | €15,695 | €18,990 | €19,029 | ▲ 0.2% |
| Suppliers440/4 | €42,750 | €8,058 | €15,695 | €18,990 | €19,029 | ▲ 0.2% |
| Advances received on contracts in progress46 | €0 | - | €4,274 | €0 | €19,767 | - |
| Taxes, remuneration and social security45 | €17,688 | €8,182 | €5,653 | €5,592 | €7,414 | ▲ 32.6% |
| Taxes450/3 | €15,188 | €5,682 | €3,153 | €3,092 | €7,414 | ▲ 140% |
| Remuneration and social security454/9 | €2,500 | €2,500 | €2,500 | €2,500 | €0 | ▼ 100% |
| Other amounts payable47/48 | €800 | €800 | €0 | €833 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,730 | €5,499 | -€14,409 | €11,195 | -€408 | ▼ 104% |
| + Depreciation and write-downs630 | €7,165 | €7,256 | €7,492 | €1,936 | €2,382 | ▲ 23.1% |
| Operating cash flow (approximation) | €9,896 | €12,755 | -€6,917 | €13,130 | €1,974 | ▼ 85.0% |
| Investment in fixed assets (approximation) | - | -€2,321 | -€2,535 | €2,422 | €0 | ▼ 100% |
| Change in cash | - | €3,081 | €5,067 | €21,031 | -€31,172 | ▼ 248% |
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
22-09
KBO administration
Address struck
event 20-08-2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €11,195
Net result €11,195 after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-12
Financial
Weakest financial yearnet -€14,409
Net result drops to -€14,409, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Highest result since 2018net €41,793 ▲222%
Operating result €56,107, net result €41,793, both a record.
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 53 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are 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, Ingelmunster · 1 establishment unit since 2016
Ground area
584 m²
Building footprint
90 m²
Volume, LiDAR
461 m³
Parcel 36007A0679/00L000, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
COUNTER-TECHNICS
since 20162.257.417.355
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36007A0679/00L000 | Flanders | 584 m² | 1 · 90 m² | 7.4 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.
Similar companies · same sector, comparable size
PREDA ROBERT ADRIAN CONSTRUCTION
BE 0755.914.169
Jette · Eq €61,689
AGPLM
BE 0756.644.243
Kortrijk · Eq €61,792
ADK GROUP
BE 1009.542.742
Brussel · Eq €61,632
BT BELUX
BE 1004.878.428
Mons · Eq €61,937
IDCONCEPT
BE 0769.842.082
Villers-la-Ville · Eq €61,971
Of 4,094 companies in sector 43240 we hold annual accounts for 1,635. 1,358 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
Founded28-09-2016
Fiscal year end31-12
Activities, NACEBEL 2025
43240Other construction installation
25530Machining of metals
28220Manufacture of machinery and equipment not elsewhere classified
46831Wholesale of construction materials, general range
47529Retail trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0663574426
Registered
05-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.