CS Tech
ActiveSummary
CS Tech has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €66,577 and a net result of €9,156. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 34,728 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Overview
- Staff
- 1 FTE
- Equity
- €66,577
- Profit
- €9,156
- Jérôme STENNEDirector
- Philippe COLLIGNONDirector
Why 65raises riskLiquidity: current ratio 2.15Sector: Specialised construction activities (NACE 43)Equity €66,577 (19.4% of total assets)lowers riskSize: total assets €343,449Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 21% on solvency, 75% on liquidity, 18% on profitability and 63% on growth.
The bankruptcy probability was computed on 26-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 12 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €9,156
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €22,004 after a loss of €53,937 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 3,274 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 94.7% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 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% | 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 3,274 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €3,578 | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €40,083 | €48,748 | €47,422 | €49,900 | €24,781 | ▼ 50.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,624 | €917 | €917 | €917 | €2,136 | €2,231 | €23,249 | €2,767 | ▼ 88.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | €21,547 | -€5,783 | -€2,741 | ▲ 52.6% |
| Other operating charges640/8 | - | - | - | €619 | €358 | €497 | €801 | €1,345 | ▲ 68.0% |
| Non-recurring operating charges66A | - | - | - | - | - | €24,970 | - | - | - |
| Gross operating margin9900 | €34,928 | €44,032 | €7,655 | -€23,541 | €124,384 | €229,799 | €14,231 | €48,157 | ▲ 238% |
| Operating profit (loss)9901 | €8,624 | €1,496 | -€31,347 | -€65,160 | €73,142 | €133,132 | -€53,937 | €22,004 | - |
| Financial income75/76B | - | - | - | - | €160 | €1,451 | €939 | €795 | ▼ 15.3% |
| Recurring financial income75 | - | €306 | - | - | €160 | €1,451 | €939 | €795 | ▼ 15.3% |
| Financial charges65/66B | - | - | - | €1,499 | €1,331 | €2,120 | €5,150 | €13,644 | ▲ 165% |
| Recurring financial charges65 | €291 | €486 | €513 | €1,499 | €1,331 | €2,120 | €5,150 | €13,644 | ▲ 165% |
| Profit (loss) for the period before taxes9903 | €8,333 | €1,316 | -€31,861 | -€66,659 | €71,971 | €132,463 | -€58,148 | €9,156 | - |
| Income taxes67/77 | €2,447 | -€382 | - | - | - | €27,928 | - | - | - |
| Profit (loss) for the period9904 | €5,886 | €1,698 | -€31,861 | -€66,659 | €71,971 | €104,535 | -€58,148 | €9,156 | - |
| Profit (loss) for the period to be appropriated9905 | €5,886 | €1,698 | -€31,861 | -€66,659 | €71,971 | €104,535 | -€58,148 | €9,156 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €84,253 | €56,710 | €92,628 | €31,652 | €298,834 | €293,509 | €302,102 | €343,449 | ▲ 13.7% |
| Fixed assets21/28 | €2,483 | €3,048 | €2,131 | €1,213 | €8,749 | €6,519 | €131,231 | €130,978 | ▼ 0.2% |
| Tangible fixed assets22/27 | €2,483 | €3,048 | €2,131 | €1,213 | €8,749 | €6,519 | €124,731 | €124,478 | ▼ 0.2% |
| Land and buildings22 | - | - | - | - | - | - | €119,165 | €121,597 | ▲ 2.0% |
| Plant, machinery and equipment23 | - | - | - | €1,213 | €7,323 | €5,397 | €4,749 | €2,370 | ▼ 50.1% |
| Furniture and vehicles24 | - | - | - | - | €1,426 | €1,121 | €816 | €511 | ▼ 37.4% |
| Financial fixed assets28 | - | - | - | - | - | - | €6,500 | €6,500 | = |
| Current assets29/58 | €81,770 | €53,662 | €90,498 | €30,439 | €290,084 | €286,990 | €170,871 | €212,471 | ▲ 24.3% |
| Stocks and contracts in progress3 | - | - | - | - | €83,840 | €117,857 | €67,406 | €98,679 | ▲ 46.4% |
| Stocks30/36 | - | - | - | - | €83,840 | €95,383 | €67,406 | €60,581 | ▼ 10.1% |
| Contracts in progress37 | - | - | - | - | - | €22,474 | - | €38,098 | - |
| Amounts receivable within one year40/41 | €63,145 | €13,427 | €84,597 | €15,578 | €146,085 | €159,675 | €82,263 | €63,168 | ▼ 23.2% |
| Trade receivables40 | - | - | - | €5,498 | €105,321 | €133,917 | €56,088 | €32,542 | ▼ 42.0% |
| Other amounts receivable41 | - | - | - | €10,080 | €40,764 | €25,758 | €26,176 | €30,627 | ▲ 17.0% |
| Current investments50/53 | €1,616 | €21,320 | €4 | €2 | €26,031 | €3 | €0 | €34,183 | ▲ 142,429× |
| Cash at bank and in hand54/58 | €12,917 | €15,395 | €3,018 | €13,019 | €32,590 | €6,259 | - | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €1,841 | €1,538 | €3,197 | €21,201 | €16,440 | ▼ 22.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €84,253 | €56,710 | €92,628 | €31,652 | €298,834 | €293,509 | €302,102 | €343,449 | ▲ 13.7% |
| Equity10/15 | €35,886 | €37,583 | €5,723 | -€60,936 | €11,034 | €115,569 | €57,422 | €66,577 | ▲ 15.9% |
| Contributions10/11 | €30,000 | €30,000 | - | €30,000 | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Reserves13 | €5,500 | €7,500 | €7,500 | €7,500 | €7,500 | €85,500 | €85,500 | €85,500 | = |
| Non-distributable reserves130/1 | - | - | - | €500 | €500 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €500 | €500 | - | - | - | - |
| Distributable reserves133 | - | - | - | €7,000 | €7,000 | €85,500 | €85,500 | €85,500 | = |
| Profit (loss) carried forward14 | €386 | €83 | -€31,777 | -€98,436 | -€26,466 | €69 | -€58,078 | -€48,923 | ▲ 15.8% |
| Amounts payable17/49 | €48,368 | €19,127 | €86,905 | €92,588 | €287,799 | €177,940 | €244,681 | €276,872 | ▲ 13.2% |
| Amounts payable after more than one year17 | - | - | - | €20,587 | €15,572 | €10,471 | €105,273 | €167,253 | ▲ 58.9% |
| Financial debts170/4 | - | - | - | €20,587 | €15,572 | €10,471 | €105,273 | €167,253 | ▲ 58.9% |
| Amounts payable within one year42/48 | €48,368 | €19,127 | €86,905 | €72,002 | €272,227 | €148,279 | €124,646 | €98,813 | ▼ 20.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €4,928 | €5,014 | €5,102 | €10,198 | €13,020 | ▲ 27.7% |
| Financial debts43 | - | - | - | - | - | - | €26,838 | €48,036 | ▲ 79.0% |
| Credit institutions430/8 | - | - | - | - | - | - | €26,838 | €48,036 | ▲ 79.0% |
| Trade debts44 | €42,490 | €13,262 | €47,180 | €36,855 | €114,141 | €86,905 | €53,385 | €34,621 | ▼ 35.1% |
| Suppliers440/4 | - | - | - | €36,855 | €114,141 | €86,905 | €53,385 | €34,621 | ▼ 35.1% |
| Advances received on contracts in progress46 | - | - | - | €17,497 | €149,625 | €23,214 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €3,404 | €3,381 | €32,683 | €33,196 | €1,788 | ▼ 94.6% |
| Taxes450/3 | - | - | - | - | - | €27,928 | €27,928 | - | - |
| Remuneration and social security454/9 | - | - | - | €3,404 | €3,381 | €4,755 | €5,269 | €1,788 | ▼ 66.1% |
| Other amounts payable47/48 | - | - | - | €9,317 | €66 | €376 | €1,029 | €1,349 | ▲ 31.1% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €19,190 | €14,762 | €10,806 | ▼ 26.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,886 | €1,698 | -€31,861 | -€66,659 | €71,971 | €104,535 | -€58,148 | €9,156 | - |
| + Depreciation and write-downs630 | €2,624 | €917 | €917 | €917 | €2,136 | €2,231 | €23,249 | €2,767 | ▼ 88.1% |
| Operating cash flow (approximation) | €8,509 | €2,615 | -€30,943 | -€65,742 | €74,107 | €106,766 | -€34,898 | €11,922 | - |
| Investment in fixed assets (approximation) | - | -€1,482 | €0 | €0 | -€9,672 | €0 | -€147,962 | -€2,514 | ▲ 98.3% |
| Change in cash | - | €2,478 | -€12,377 | €10,001 | €19,571 | -€26,331 | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 24-07-2026 | 2026-00327629 |
| 31-12-2024 | micro format | 11-07-2025 | 2025-00257985 |
| 31-12-2023 | micro format | 25-07-2024 | 2024-00281430 |
| 31-12-2022 | micro format | 16-06-2023 | 2023-00131267 |
| 31-12-2021 | micro format | 01-07-2022 | 2022-20118502 |
| 31-12-2020 | micro format | 10-08-2021 | 2021-47400018 |
| 31-12-2019 | micro format | 11-08-2020 | 2020-40400035 |
| 31-12-2018 | micro format | 03-07-2019 | 2019-28500004 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Jérôme STENNE |
|
| Philippe COLLIGNON |
|
Owners and capital
Capital and shareholders
- 24-11-2023 Converted to unavailable equity
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
24-11
Gazette deed
Resignations: Jérôme STENNE (manager) and Philippe COLLIGNON (manager)Appointments: Jérôme STENNE (director) and Philippe COLLIGNON (director) · Legal-form conversion · Capital conversion15 facts ▸
- General meeting, 10-11-2023
- Other provision, “rapports préalables à la modification de l’objet, déposé par e-dépôt en vue d’être transmis au Greffe du Tribunal de Commerce de Liège,en même temps qu'une expé…” (deed in French)
- Director in office, Jérôme STENNE (manager)
- Director in office, Philippe COLLIGNON (manager)
- Legal-form conversion, “société à responsabilité limitée” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “supprimer le compte de capitaux propres statutairement indisponible créé en application de l’article 39,§2,deuxième alinéa, rendre ces fonds disponibles pour di…” (deed in French)
- Reserve release, “133000 – Réserve disponible” (deed in French)
- Amendment of the articles
- Director resignation, Jérôme STENNE (manager)
- Director resignation, Philippe COLLIGNON (manager)
- Director appointment, Jérôme STENNE (director (not named in the articles))
- +3 further facts in this act
Show earlier events
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0689.737.702
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 62081A0220/00F000 | Wallonia | 2,860 m² | 1 · 242 m² | 15.8 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La gestion de patrimoine : toutes opérations se rapportant directement ou indirectement à des actes de gestion productive, par exemple…” (deed in French)
45 activities (deed in French)
- La gestion de patrimoine : toutes opérations se rapportant directement ou indirectement à des actes de gestion productive, par exemple :
- Aux acquisitions, ventes et locations de biens immeubles dans un but d’investissement ;
- À l’entretien, aux réparations, ainsi que toute transformation du patrimoine immobilier de la société dans un but d’investissement, en ce compris l’achat et la vente de tout matériel nécessaire à cet effet ;
- À des achats et ventes de valeurs boursières, mobilières ou autres dans un but d’investissement ;
- À la création, l’acquisition ou prise de participation de sociétés commerciales ou autres dans un but d’investissement.
- L’ensemble de ces opérations s’effectueront dans un but d’investissement plutôt que de revente, et de manière telle qu’elles sont autorisées par les Lois et Règlements.
- La promotion immobilière.
- Travaux de plafonnage, de cimentage, chape, plâtre ;
- Travaux de démolition et travaux de maçonnerie et de rejointoiement ;
- Travaux de finition ;
- Travaux de restauration des bâtiments ;
- Intermédiaires spécialisés dans le commerce d’autres produits spécifiques ;
- Menuiserie générale, menuiserie métallique, menuiserie en bois ou en matière plastiques, travaux de menuiserie, placement et réparation ;
- Autres travaux de constructions spécialisées ;
- Vitrerie ;
- Terrassements et autres travaux de finition ;
- Travaux de préparation des sites ;
- Pose de chapes, de revêtements en bois des sols et de murs ;
- Montage de cloisons sèches à base de plâtre ;
- Montage et démontage d’échafaudages et de plates-formes de travail ;
- Montage d’éléments de structures métalliques non fabriqués par l’unité qui exécute les travaux ;
- Ravalement des façades ;
- Installateur-frigoriste ;
- Toiture, étanchéité ;
- Installation (chauffage, climatisation, sanitaire, gaz) ;
- Electrotechnique ;
- Electricité (électricité générale, éclairage, dépannage et réparation, mise en conformité, domotique) ;
- Placement de pompe à chaleur, de boiler thermodynamique, de climatisation et de borne de chargement de voiture électrique ;
- Placement, raccordement, entretien et nettoyage d’installations solaires et photovoltaïques.
- Réalisation, exploitation et maintenance d’installations techniques ;
- Toutes activités de nettoyage, nettoyage des bâtiments, nettoyage industriel ;
- Services d’aménagement paysager ;
- Location et exploitation de biens immobiliers résidentiels propres et loués, sauf logement sociaux ;
- La gestion d’un centre d’affaires ;
- L’acquisition, la construction, l’exploitation, la location, l’équipement et la gestion, à titre onéreux ou gratuit des centres d’affaires en vue de mettre à la disposition de sa clientèle :
- Des ateliers et des bureaux équipés, des salles de réunion et des espaces communs, des équipements de bureautique, une infrastructure de télécommunication sous toutes ses formes ;
- Des salles de réunion et de conférence ;
- Des espaces de rencontre et de restauration ;
- Des espaces d’archivages et de stockage ;
- Les prestations de services tels que :
- Travaux de bureautique, de secrétariat et de traduction ;
- Des études, enquêtes et conseils ;
- Des formations aux techniques de gestion, d’administration, d’accueil, de vente.
- Agir en tant que mandataire pour réaliser toute mission confiée par des tiers dans la sphère de son objet social, en ce compris l’administration et la gestion de sociétés ;
- La gestion de toutes sociétés.
- Name clauseThe name the company operates under according to its articles.
- CS Tech
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, par simple décision de l’organe d’administration en tout endroit de la Région wallonne ou de la région de langue française…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 13. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs administrateurs, personnes physiques ou morales actionnaires ou non” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “En rémunération des apports, égal dans la répartition des bénéfices et des produits de la liquidation par action” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Cessions entre vifs onéreuses/gratuites volontaires/forcées exclusion/retrait en usufruit/nue-propriété/pleine propriété actions/autres…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Fourth Thursday of June
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Tout temps par assemblée formes modifications statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed