CS Technics
ActiveSummary
CS Technics has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €195,089 and a net result of €77,620. Equity has been growing by about 15% per year since 2021. Its solvency ranks better than 52% of 34,946 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 27-10-2020 Normal situation
- Activity
- Installation of electric heating, air conditioning, cooling and ventilation NACE 43222and 4 others
- Establishment unit
- 2.308.929.305 3950 Bocholt, since 27-10-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 13-11-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.5%
- Gross margin
- €124,289
- ▲ 168%
- Turnover
- ≈ €380,000
- estimated
- Profit
- €77,620
- ▲ 477%
- Equity
- €195,089
- ▲ 16.5%
- Total assets
- €401,574
- ▲ 4.0%
Score breakdownraises riskFounded in 2020Sector: Specialised construction activities (NACE 43)lowers riskFigures for financial year 2025 (filed on 06-07-2026)Equity €195,089 (48.6% of total assets)Show the evidence
Checked score
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 53% of them on solvency, 57% on liquidity, 79% on profitability and 64% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 5 accounts on average 27 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)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 06-07-2026 at the NBB all 5 filings
Every figure per financial year
The operating result for 2025 is nearly 5 times that of 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Mortgage mandates | - | - | €25,000 | - | - |
| Carrying value of the mortgaged assets | - | - | €249,120 | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €72,251 | €162,217 | €92,554 | €26,196 | €2,424 |
| Depreciation and write-downs of the year | €9,740 | €17,873 | €22,027 | €24,574 | €21,691 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2025 · 6 entries · €5,700 awarded · €246 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 3 | €513 | €0 |
| 2024 | 1 | €4,941 | €0 |
| 2023 | 1 | €186 | €186 |
| 2022 | 1 | €60 | €60 |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,740 | €17,873 | €22,027 | €24,574 | €21,691 | ▼ 11.7% |
| Other operating charges640/8 | €1,633 | €950 | €1,072 | €1,481 | €1,747 | ▲ 17.9% |
| Gross operating margin9900 | €89,278 | €110,889 | €40,289 | €46,366 | €124,289 | ▲ 168% |
| Operating profit (loss)9901 | €77,905 | €92,067 | €17,190 | €20,310 | €100,851 | ▲ 397% |
| Financial income75/76B | €1,368 | €5,134 | €3,559 | €2,965 | €2,908 | ▼ 1.9% |
| Recurring financial income75 | €1,368 | €5,134 | €3,559 | €2,965 | €2,908 | ▼ 1.9% |
| Financial charges65/66B | €565 | €3,197 | €5,476 | €5,120 | €5,593 | ▲ 9.2% |
| Recurring financial charges65 | €565 | €3,197 | €5,476 | €5,120 | €5,593 | ▲ 9.2% |
| Profit (loss) for the period before taxes9903 | €78,709 | €94,004 | €15,273 | €18,155 | €98,166 | ▲ 441% |
| Income taxes67/77 | €14,318 | €18,939 | €3,706 | €4,710 | €20,546 | ▲ 336% |
| Profit (loss) for the period9904 | €64,391 | €75,065 | €11,567 | €13,446 | €77,620 | ▲ 477% |
| Profit (loss) for the period to be appropriated9905 | €64,391 | €75,065 | €11,567 | €13,446 | €77,620 | ▲ 477% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €142,434 | €409,695 | €460,560 | €386,261 | €401,574 | ▲ 4.0% |
| Fixed assets21/28 | €62,511 | €206,856 | €277,383 | €279,004 | €259,738 | ▼ 6.9% |
| Tangible fixed assets22/27 | €62,511 | €206,856 | €277,383 | €279,004 | €259,738 | ▼ 6.9% |
| Land and buildings22 | - | €184,784 | €249,120 | €256,057 | €244,743 | ▼ 4.4% |
| Plant, machinery and equipment23 | €11,335 | €12,206 | €16,092 | €10,861 | €6,385 | ▼ 41.2% |
| Furniture and vehicles24 | €1,357 | €716 | €8,289 | €12,086 | €8,610 | ▼ 28.8% |
| Leasing and similar rights25 | €14,420 | €9,151 | €3,882 | - | - | - |
| Assets under construction and advance payments27 | €35,399 | - | - | - | - | - |
| Current assets29/58 | €79,923 | €202,838 | €183,177 | €107,257 | €141,836 | ▲ 32.2% |
| Stocks and contracts in progress3 | €7,000 | €36,149 | €25,939 | €20,420 | €24,631 | ▲ 20.6% |
| Stocks30/36 | €7,000 | €36,149 | €25,939 | €20,420 | €24,631 | ▲ 20.6% |
| Amounts receivable within one year40/41 | €26,433 | €68,874 | €127,858 | €47,662 | €75,232 | ▲ 57.8% |
| Trade receivables40 | €19,465 | €58,586 | €127,348 | €40,995 | €65,460 | ▲ 59.7% |
| Other amounts receivable41 | €6,969 | €10,288 | €510 | €6,667 | €9,773 | ▲ 46.6% |
| Cash at bank and in hand54/58 | €46,489 | €96,839 | €25,547 | €35,100 | €35,222 | ▲ 0.3% |
| Deferred charges and accrued income490/1 | - | €977 | €3,832 | €4,074 | €6,751 | ▲ 65.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €142,434 | €409,695 | €460,560 | €386,261 | €401,574 | ▲ 4.0% |
| Equity10/15 | €67,391 | €142,456 | €154,023 | €167,469 | €195,089 | ▲ 16.5% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €64,391 | €139,456 | €151,023 | €164,469 | €192,089 | ▲ 16.8% |
| Distributable reserves133 | €64,391 | €139,456 | €151,023 | €164,469 | €192,089 | ▲ 16.8% |
| Amounts payable17/49 | €75,043 | €267,238 | €306,537 | €218,793 | €206,485 | ▼ 5.6% |
| Amounts payable after more than one year17 | €11,041 | €180,525 | €172,034 | €170,237 | €157,556 | ▼ 7.4% |
| Financial debts170/4 | €11,041 | €180,525 | €172,034 | €170,237 | €157,556 | ▼ 7.4% |
| Amounts payable within one year42/48 | €64,002 | €86,713 | €134,503 | €48,556 | €48,929 | ▲ 0.8% |
| Current portion of amounts payable after more than one year42 | €4,236 | €16,615 | €33,193 | €16,565 | €14,717 | ▼ 11.2% |
| Trade debts44 | €27,347 | €12,918 | €49,727 | €20,807 | €1,591 | ▼ 92.4% |
| Suppliers440/4 | €27,347 | €12,918 | €49,727 | €20,807 | €1,591 | ▼ 92.4% |
| Advances received on contracts in progress46 | - | €2,941 | - | - | - | - |
| Taxes, remuneration and social security45 | €14,318 | €34,176 | €27,313 | €5,037 | €24,482 | ▲ 386% |
| Taxes450/3 | €14,318 | €34,176 | €27,313 | €3,037 | €23,582 | ▲ 676% |
| Remuneration and social security454/9 | - | - | - | €2,000 | €900 | ▼ 55.0% |
| Other amounts payable47/48 | €18,101 | €20,063 | €24,269 | €6,146 | €8,139 | ▲ 32.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €64,391 | €75,065 | €11,567 | €13,446 | €77,620 | ▲ 477% |
| + Depreciation and write-downs630 | €9,740 | €17,873 | €22,027 | €24,574 | €21,691 | ▼ 11.7% |
| Operating cash flow (approximation) | €74,131 | €92,938 | €33,594 | €38,020 | €99,311 | ▲ 161% |
| Investment in fixed assets (approximation) | - | -€162,217 | -€92,554 | -€26,196 | -€2,424 | ▲ 90.7% |
| Change in cash | - | €50,349 | -€71,291 | €9,553 | €122 | ▼ 98.7% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 26,972 companies had the same profile as CS Technics has now. Two years later, 94.9% were still going and 1.6% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CS Technics itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,446 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 26,972 companies, not a prediction for CS Technics. 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.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 06-07-2026 | 2026-00255955 | |
| 31-12-2024 | micro format | 05-07-2025 | 2025-00248787 | |
| 31-12-2023 | micro format | 06-07-2024 | 2024-00216585 | |
| 31-12-2022 | micro format | 02-07-2023 | 2023-00189834 | |
| 31-12-2021 | micro format | 03-07-2022 | 2022-20137937 |
Board & ownership
Directors
Owners and capital
Owners
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| CUSTERS Joni |
|
| Soetens Charly |
|
Network & group
CS Technics shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of CS Technics. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
15-07
Gazette deed
Registered office moved to Bocholt2 points ▸
- General meeting, 01-07-2024
- Registered-office move, Kloterstraat 11,3950 Bocholt
18-01
Gazette deed
Purpose · Amendment of the articles · Resignations & appointmentsAppointment: CUSTERS Joni (director) · Incorporation · Purpose change9 points ▸
- Incorporation, 27-10-2020
- Other provision, “wijziging statuten” (deed in Dutch)
- General meeting, “buitengewone algemene vergadering van de aandeelhouders” (deed in Dutch)
- Director in office, Soetens Charly (director)
- Director appointment, CUSTERS Joni (director (not named in the articles))
- Purpose change
- Power of attorney, Tim Vandersteen
- Power of attorney
- Other provision, “al de beslissingen die voorafgaan, stemming” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Bosschelweg 76, 3950 Вocholt until 01-07-2024 · act of 15-07-2024
Activities
NACEBEL 2025Codes under NACEBEL 2008
30 activities
- Vervaardiging van batterijen en accumulatoren
- Vervaardiging van machines en apparaten voor de koeltechniek en de klimaatregeling,voor niet-huishoudelijk gebruik
- Installatie van industriële machines,toestellen en werktuigen
- Elektrotechnische installatiewerken aan gebouwen
- Elektrotechnische installatiewerken,uitgezonderd aan gebouwen
- Installatie van verwarming,klimaatregeling en ventilatie
- Handelsbemiddeling in sanitaire artikelen
- Handelsbemiddeling in loodgietersmateriaal,elektrisch installatiemateriaal voor huishoudelijk gebruik en verwarmingsinstallaties
- Groothandel in elektrische huishoudelijke apparaten
- Groothandel in sanitair
- Groothandel in installatiemateriaal voor loodgieterswerk en verwarming
- Groothandel in apparaten voor centrale verwarming
- Groothandel in materiaal voor de installatie van sanitair en centrale verwarming: buizen,pijpen,fittings,kranen,verbindingsstukken,rubberslangen,enzovoort
- Detailhandel in sanitaire artikelen en sanitair installatiemateriaal in gespecialiseerde winkels
- Kleinhandel in elektrische huishoudapparaten
- Verhuur en lease van andere machines en werktuigen en andere materiële goederen
- Loodgieterswerk
- Installaties in gebouwen en andere bouwwerken van: loodgieterswerk en sanitaire apparaten,gasleidingen en aansluitingen met uitzondering van gasleidingen voor verwarmingssystemen,waterleidingen,brandblusinstallaties,enzovoort
- Handelsbemiddeling in elektrische en elektronisch materiaal,inclusief installatiemateriaal voor industrieel gebruik
- Onderneming voor de installatie van elektrische bedrading en toebehoren
- Installatie,groothandel,kleinhandel,handelsbemiddeling,en verdelen van domotica
- Organiseren van opleidingen met betrekking tot voornoemde activiteiten doch niet exclusief
- Organiseren van evenementen met betrekking tot voornoemde activiteiten doch niet exclusief
- Beheer en uitbreiding van patrimonium
- De vennootschap zal zich inspannen om haar patrimonium op zo efficiënt mogelijke wijze te beheren en beleggingen te verrichten,zowel roerende als onroerende. De vennootschap mag ook alle handelingen verrichten van burgerlijke en financiële aard,die nodig of nuttig zijn voor de verwezenlijking van haar maatschappelijk doel of welke van aard zijn het bereiken ervan geheel of ten dele te vergemakkelijken,zelfs indien ze er niet rechtstreeks in verband mee staan,zonder dat dergelijke handelingen echter een handelsactiviteit mogen uitmaken. Daartoe kan de vennootschap samenwerken met,deelnemen in,of op gelijk welke wijze,rechtstreeks of onrechtstreeks,belangen nemen in andere ondernemingen. De vennootschap kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden borg stellen,onder meer door haar goederen in hypotheek of in pand te geven,inclusief de eigen handelszaak. De vennootschap kan eveneens optreden als bestuurder,volmachtdrager,mandataris of vereffenaar in andere vennootschappen of ondernemingen. De vennootschap kan in het algemeen alle commerciële,industriële,financiële,roerende of onroerende handelingen verrichten in rechtstreeks of onrechtstreeks verband met haar maatschappelijk doel of welke van aard zouden zijn de verwezenlijking ervan geheel of ten dele te vergemakkelijken
- Groothandel en detailhandel van materialen die nodig zijn om voornoemde activiteiten uit te oefenen en meer algemeen bouwmaterialen in de ruimste zin
- Plaatsen van warmtepompen,sanitair,domotica,ventilatiesystemen
- Beoefenen van fotografie in de ruimste zin en voor welke gelegenheid ook,opleidingen geven met betrekking tot fotografie
- Groot- en kleinhandel,handelsbemiddeling in alle fotografiebenodigdheden
- Verkoop via internet
Invoicing and payment
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. Use the enterprise number 0757.503.286
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 72016B0081/00Z000 | Flanders | 1,280 m² | 1 · 260 m² | - |