Equity
€66,577 from €115,569 in 2023
Equity fell by 42% in 2 years.
CS Tech
Lifetime
8 annual accounts with figures on one time axispeak €229,799 (2023)
€48,157▲ 238%
lowest -€66,659 (2021)
€9,156▲ €67,304
peak €115,569 (2023)
€66,577▲ 15.9%
€276,872▲ 13.2%
peak 1 FTE (2018)
-not published
Board4 names since 2018
4 directorsCOLLIGNON Philippe Albert Patrice and 3 others
Documentsfilings and deeds
24-07-20267 days before the deadline
2025micro format
Gross margin from €14,231 to €48,157Back to profit: €9,156Equity from €57,422 to €66,577
Key points
from the 2025 annual accountsResult
€9,156 €9,156
Back in profit in 2025, after a loss of €58,148 in 2024.
Turnover
≈ €260,000 estimated
The micro format states no turnover.
Debts
€276,872 81% of the balance sheet
Financial debts 78%Suppliers 13%Taxes and wages 1%Other 9%
Of this, €98,813 falls due within a year.
Liquidity
2.15 was 1.37 in 2024
Short-term debts fell from €124,646 to €98,813.
Filings
8 annual accounts 2 late
The 2019 accounts came latest: 11 days after the end of the period.
Checked score
65
Healthy
Financially stronger than 44% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.0%
01-2025: 1.0%● unchanged vs 12-2024lowest value
02-2025: 1.0%● unchanged vs 01-2025lowest value
03-2025: 1.0%● unchanged vs 02-2025lowest value
04-2025: 1.1%▲ +0.1 percentage points vs 03-2025
05-2025: 1.1%● unchanged vs 04-2025
06-2025: 1.0%▼ -0.1 percentage points vs 05-2025
07-2025: 1.1%▲ +0.1 percentage points vs 06-2025
08-2025: 2.2%▲ +1.1 percentage points vs 07-2025
09-2025: 2.2%● unchanged vs 08-2025highest value
10-2025: 2.2%● unchanged vs 09-2025highest value
11-2025: 2.2%● unchanged vs 10-2025
12-2025: 2.2%● unchanged vs 11-2025
01-2026: 2.2%● unchanged vs 12-2025
02-2026: 2.2%● unchanged vs 01-2026
03-2026: 2.2%● unchanged vs 02-2026
04-2026: 2.2%● unchanged vs 03-2026
05-2026: 2.1%▼ -0.1 percentage points vs 04-2026
06-2026: 1.9%▼ -0.2 percentage points vs 05-2026
07-2026: 1.9%● unchanged vs 06-2026
08-2026: 1.3%▼ -0.6 percentage points vs 07-2026
09-2026: 1.3%● unchanged vs 08-2026
10-2026: 1.3%● unchanged vs 09-2026
11-2026: 1.3%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 2.15
Sector: Specialised construction activities (NACE 43)
Equity €66,577 (19.4% of total assets)
lowers risk
Size: total assets €343,449
Calculation
The band follows from the bankruptcy probability. 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). It does better than 21% of them on solvency, 75% on liquidity, 18% on profitability and 63% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,274 companies had the same profile as CS Tech has now. Each dot stands for 9 companies, two years later.
94.7%
were still trading
2.5%
stopped another way
2.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CS Tech itself: 1.3% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,274 companies, not a prediction for CS Tech. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.15 (1.37 in 2024), above the usual 1.5. Short-term debt is 28.8% of total assets. However, 80.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 35156 sector peers (2025).
NBB · sector comparisonPosition among 35156 sector peers
Solvency
better than 21%
← weakest
strongest →
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 24-07-2026, 7 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
7 days early
2024
20 days early
2023
6 days early
2022
45 days early
2021
30 days early
2020
10 days late
2019
11 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 12 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0689737702
Changes of role: Jérôme STENNE (director) and Philippe COLLIGNON (director)
“Travaux de plafonnage,de cimentage,chape,plâtre; Travaux de démolition et travaux de maçonnerie et de…” (deed in French) · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 10-11-2023 · Gazette deed
Incorporation
Founders: STENNE Jérôme Marie Léon Paul Louis, COLLIGNON Philippe Albert Patrice and RYHON Sébastien René Marie · Founding capital of €30,000, 3,000 shares · Appointments: STENNE Jérôme Marie Léon Paul Louis (manager) and COLLIGNON Philippe Albert Patrice (manager) · published on 06-02-2018 · Gazette deed
First establishment
Rue des Chartreux 7, Neupré
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CS Tech Neupré | €343,449 | €48,157 | 19.4% | - |
| MARCOENSE CONSTRUCT Anderlecht | €338,035 | €56,460 | 9.1% | - |
| CSDI Anderlecht | €356,658 | €63,260 | 51.2% | - |
| Immo BeJoBat Lendelede | €426,488 | €58,599 | 93.0% | - |
| EVS Construct Middelkerke | €285,724 | €65,265 | 59.6% | - |
| JM CONSTRUCT Grimbergen | €342,375 | €57,449 | 55.4% | - |
| HOLA Projects Ypres | €266,508 | €46,685 | -10.2% | - |
These companies have the same main activity as CS Tech: other construction installation (NACE 43240). They are comparable in size and age: total assets between €267,000 and €426,000, founded between 2016 and 2019.
Official details
Source: KBO- Status
- Active since 02-02-2018Normal situation
- Activity
- Other construction installationNACE 43240and 3 others
- Joint committee
- 149Sectors related to metal, mechanical and electrical engineering · annual accounts 2025
- Establishment unit
- 2.273.411.2694122 Neupré, since 02-02-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 15-12-2025
Annual accounts 2025
- €343,449▲ 13.7%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 24-07-2026, 7 days before the end of the filing period
Insights on CS Tech
CS Tech files the micro format. That format states no turnover. The gross margin rose from €34,928 in 2018 to €48,157 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CS Tech
- What is the company number of CS Tech?
- The company number of CS Tech is 0689.737.702. The VAT number is the same number with BE in front: BE 0689.737.702.
- Where is CS Tech based?
- The registered office is at Rue des Chartreux 7, 4122 Neupré.Company details
- What does CS Tech do?
- According to the KBO register, the main activity is other construction installation (NACE 43240).
- What is the legal form of CS Tech?
- CS Tech is a private limited company (BV).
- When was CS Tech founded?
- CS Tech was founded on 02-02-2018.
- Is CS Tech still active?
- Yes, CS Tech is an active enterprise in the KBO register.
- How many employees does CS Tech have?
- CS Tech had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does CS Tech fall under?
- In its 2025 annual accounts, CS Tech states joint committee 149 (Sectors related to metal, mechanical and electrical engineering).
- What is the turnover of CS Tech?
- The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €48,157 and 119 comparable companies (NACE 432). It probably lies between €170,000 and €350,000.
- Is CS Tech profitable?
- In financial year 2025, CS Tech made a profit of €9,156.
- Where can I find the annual accounts of CS Tech?
- CS Tech filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CS Tech due?
- CS Tech must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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