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D Technics

Active
Private limited companyfounded 2020active for 6 yearsTijkwerkersstraat 1, 2300 Turnhout, BelgiumKBO/BCE: BE 0743.518.262
Summary

D Technics has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7,244 and a net result of €8,490. Equity is shrinking by about 6% per year across the filed financial years. Its solvency ranks better than 14% of 34,747 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Overview

Activity
Electrical installation work in industrial facilities
NACE 43212
1 site
Size
≈ €240,000turnover 2025, estimated
Equity
€7,244
Profit
€8,490
Turnover estimated from the gross margin
Financial health
64 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.3%
Structure
2025 accounts 17 days early1 deed in the Belgian Official Gazette
Why 64raises riskFounded in 2020Sector: Specialised construction activities (NACE 43)Equity €7,244 (10.6% of total assets)lowers riskSize: total assets €68,378Show the evidence

Checked score

Score 2025
64 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 50% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Average
Solvency 36-9
equity 10.6% of total assets
Liquidity 43+1
short-term debt 32.9% · cash 6.0%
Profitability 84+6
return on assets 12.4%
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,644 companies, NACE 43, micro)
Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 1.0%▲ +0.1 percentage points vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.9%▼ -0.2 percentage points vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025lowest value 02-2026: 0.9%● unchanged vs 01-2026lowest value 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 1.0%▲ +0.1 percentage points vs 03-2026 05-2026: 0.9%▼ -0.1 percentage points vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 0.9%● unchanged vs 06-2026 08-2026: 1.3%▲ +0.4 percentage points vs 07-2026highest value 09-2026: 1.3%● unchanged vs 08-2026highest value 10-2026: 1.3%● unchanged vs 09-2026highest value
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 14% on solvency, 33% on liquidity, 67% on profitability and 85% on growth.

The bankruptcy probability was computed on 27-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Founded in 2020
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Size: total assets €68,378
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Equity €7,244 (10.6% of total assets)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 34747 sector peers (2025).
NBB · sector comparison
Position among 34747 sector peers
Solvency
better than 14%
← 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 14-07-2026, 17 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
17 days early
2024
26 days early
2023
35 days early
2022
38 days early
2021
40 days early
2020
37 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 32 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)
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 27 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Highest result from 2020 to 2025net €8,490 ▲381%
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

Turnover
≈ €240,000
Estimated: probably between €140,000 and €450,000
Total assets
€68,378▲ 189%
2024 · €23,661
Net result
€8,490▲ 381%
2024 · €1,764
Working capital
-€8,158
2024 · €3,184
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result has risen four years in a row; 2025 is 185% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€13,046 2025 Net result€8,490 2025

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).

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Operating result€6,758--€3,077€667€3,947▲ 492%€4,570▲ 15.8%€13,046▲ 185%
Net result€4,190within the sector's middle half--€3,402below the sector's middle half-€837below the sector's middle half▲ 75.4%€2,111within the sector's middle half€1,764within the sector's middle half▼ 16.4%€8,490within the sector's middle half▲ 381%
Equity€9,190below the sector's middle half-€5,789below the sector's middle half▼ 37.0%€4,952below the sector's middle half▼ 14.5%€7,063below the sector's middle half▲ 42.6%€4,637below the sector's middle half▼ 34.3%€7,244below the sector's middle half▲ 56.2%
Total assets€53,373below the sector's middle half-€39,686below the sector's middle half▼ 25.6%€27,027below the sector's middle half▼ 31.9%€18,038below the sector's middle half▼ 33.3%€23,661below the sector's middle half▲ 31.2%€68,378within the sector's middle half▲ 189%
Debt€44,183-€33,898▼ 23.3%€22,075▼ 34.9%€10,975▼ 50.3%€19,024▲ 73.3%€61,134▲ 221%
Working capital€2,587below the sector's middle half-€2,849below the sector's middle half▲ 10.1%-€4,238below the sector's middle half-€768below the sector's middle half▲ 81.9%€3,184below the sector's middle half-€8,158below the sector's middle half
Solvency17.2%below the sector's middle half-14.6%below the sector's middle half▼ 2.6pp18.3%below the sector's middle half▲ 3.7pp39.2%within the sector's middle half▲ 20.8pp19.6%below the sector's middle half▼ 19.6pp10.6%below the sector's middle half▼ 9.0pp
Current ratio1.20within the sector's middle half-1.33within the sector's middle half▲ 0.130.66below the sector's middle half▼ 0.670.92below the sector's middle half▲ 0.251.17within the sector's middle half▲ 0.250.64below the sector's middle half▼ 0.53
Return on assets (ROA)7.9%within the sector's middle half--8.6%below the sector's middle half▼ 16.4pp-3.1%below the sector's middle half▲ 5.5pp11.7%within the sector's middle half▲ 14.8pp7.5%within the sector's middle half▼ 4.2pp12.4%within the sector's middle half▲ 5.0pp
above within below 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.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €68,378
Fixed assets €54,041 ▲ 37×
Current assets €14,338 ▼ 35.4%
Equity and liabilities €68,378
Equity €7,244 ▲ 56.2%
Debt €61,134 ▲ 221%
Debt's share of the balance-sheet total rises from 80.4% to 89.4%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€22,840▲
2024 · €12,880
Cash flow
€18,283▲
2024 · €10,075
Debt to equity
8.44▲
2024 · 4.10
ROE
117.2%▲
2024 · 38.1%
Interest coverage
14.67▼
2024 · over 100
Debt ≤ 1 year
€22,495▲
2024 · €19,024
Debt > 1 year
€38,638▲
2024 · €0
Income taxes
€3,258▲
2024 · €2,860
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.2% stopped otherwise
95.8% still going

A further 0.2% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 6,713 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€23,661€68,378▲
Fixed assets21/28€1,453€54,041▲
Tangible fixed assets22/27€1,453€54,041▲
Furniture and vehicles24€1,453€54,041▲
Current assets29/58€22,208€14,338▼
Amounts receivable within one year40/41€15,385€10,224▼
Trade receivables40€10,989€0▼
Other amounts receivable41€4,396€10,224▲
Cash at bank and in hand54/58€6,823€4,114▼
Equity and liabilities
Total equity and liabilities10/49€23,661€68,378▲
Equity10/15€4,637€7,244▲
Contributions10/11€5,000€5,000=
Reserves13€0€2,244▲
Distributable reserves133€0€2,244▲
Profit (loss) carried forward14-€363€0▲
Amounts payable17/49€19,024€61,134▲
Amounts payable after more than one year17€0€38,638▲
Financial debts170/4€0€38,638▲
Amounts payable within one year42/48€19,024€22,495▲
Current portion of amounts payable after more than one year42€1,936€11,068▲
Trade debts44€7,020€430▼
Suppliers440/4€7,020€430▼
Advances received on contracts in progress46€1,000€0▼
Taxes, remuneration and social security45€4,877€5,115▲
Taxes450/3€4,877€5,115▲
Other amounts payable47/48€4,190€5,882▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,310€9,794▲
Other operating charges640/8€1,232€1,236▲
Gross operating margin9900€14,112€24,076▲
Operating profit (loss)9901€4,570€13,046▲
Financial income75/76B€171€258▲
Recurring financial income75€171€258▲
Financial charges65/66B€117€1,557▲
Recurring financial charges65€117€1,557▲
Profit (loss) for the period before taxes9903€4,624€11,747▲
Income taxes67/77€2,860€3,258▲
Profit (loss) for the period9904€1,764€8,490▲
Profit (loss) for the period to be appropriated9905€1,764€8,490▲
Appropriation of the result
Profit (loss) to be appropriated9906-€363€8,127▲
Profit (loss) brought forward from the previous period14P-€2,127-€363▲
Transfer from equity791/2€4,190€0▼
Transfer to equity691/2-€2,244
To other reserves6921-€2,244
Profit to be distributed694/7€4,190€5,882▲
Return on contributions (dividend)694€4,190€5,882▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,541€9,461€9,336€9,033€8,310€9,794▲ 17.9%
Other operating charges640/8-€603€1,068€1,145€1,232€1,236▲ 0.3%
Gross operating margin9900€16,801€6,987€11,070€14,125€14,112€24,076▲ 70.6%
Operating profit (loss)9901€6,758-€3,077€667€3,947€4,570€13,046▲ 185%
Financial income75/76B-€42€0€15€171€258▲ 50.5%
Recurring financial income75-€42€0€15€171€258▲ 50.5%
Financial charges65/66B-€367€283€483€117€1,557▲ 13×
Recurring financial charges65€434€367€283€483€117€1,557▲ 13×
Profit (loss) for the period before taxes9903€6,324-€3,402€384€3,479€4,624€11,747▲ 154%
Income taxes67/77€2,134€0€1,220€1,368€2,860€3,258▲ 13.9%
Profit (loss) for the period9904€4,190-€3,402-€837€2,111€1,764€8,490▲ 381%
Profit (loss) for the period to be appropriated9905€4,190-€3,402-€837€2,111€1,764€8,490▲ 381%
Line202020212022202320242025Change
Assets
Total assets20/58€53,373€39,686€27,027€18,038€23,661€68,378▲ 189%
Formation expenses20€126€0-----
Fixed assets21/28€37,468€28,132€18,797€9,764€1,453€54,041▲ 37×
Tangible fixed assets22/27€37,468€28,132€18,797€9,764€1,453€54,041▲ 37×
Furniture and vehicles24-€28,132€18,797€9,764€1,453€54,041▲ 37×
Current assets29/58€15,780€11,554€8,230€8,274€22,208€14,338▼ 35.4%
Amounts receivable within one year40/41€9,917€8,221€4,028€5,189€15,385€10,224▼ 33.5%
Trade receivables40-€6,119€3,826€3,791€10,989€0▼ 100%
Other amounts receivable41-€2,101€202€1,399€4,396€10,224▲ 133%
Cash at bank and in hand54/58€5,863€3,334€4,203€3,085€6,823€4,114▼ 39.7%
Equity and liabilities
Total equity and liabilities10/49€53,373€39,686€27,027€18,038€23,661€68,378▲ 189%
Equity10/15€9,190€5,789€4,952€7,063€4,637€7,244▲ 56.2%
Contributions10/11-€5,000€5,000€5,000€5,000€5,000=
Reserves13€4,190€4,190€4,190€4,190€0€2,244-
Distributable reserves133-€4,190€4,190€4,190€0€2,244-
Profit (loss) carried forward14--€3,402-€4,238-€2,127-€363€0-
Amounts payable17/49€44,183€33,898€22,075€10,975€19,024€61,134▲ 221%
Amounts payable after more than one year17€30,990€25,192€9,607€1,932€0€38,638-
Financial debts170/4-€17,192€9,607€1,932€0€38,638-
Other amounts payable178/9-€8,000€0----
Amounts payable within one year42/48€13,193€8,705€12,468€9,042€19,024€22,495▲ 18.2%
Current portion of amounts payable after more than one year42-€7,498€7,586€7,674€1,936€11,068▲ 472%
Trade debts44€2,481€0€2,008€0€7,020€430▼ 93.9%
Suppliers440/4-€0€2,008€0€7,020€430▼ 93.9%
Advances received on contracts in progress46----€1,000€0▼ 100%
Taxes, remuneration and social security45-€0€1,070€1,368€4,877€5,115▲ 4.9%
Taxes450/3-€0€1,070€1,368€4,877€5,115▲ 4.9%
Other amounts payable47/48-€1,207€1,804€0€4,190€5,882▲ 40.4%
Line202020212022202320242025Change
Profit (loss) for the period9904€4,190-€3,402-€837€2,111€1,764€8,490▲ 381%
+ Depreciation and write-downs630€8,541€9,461€9,336€9,033€8,310€9,794▲ 17.9%
Operating cash flow (approximation)€12,732€6,060€8,499€11,144€10,075€18,283▲ 81.5%
Investment in fixed assets (approximation)--€126€0€0€0-€62,381-
Change in cash--€2,529€869-€1,117€3,738-€2,709-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference
31-12-2025 micro format 14-07-2026 2026-00309997
31-12-2024 micro format 05-07-2025 2025-00259134
31-12-2023 micro format 26-06-2024 2024-00162989
31-12-2022 micro format 23-06-2023 2023-00150370
31-12-2021 micro format 21-06-2022 2022-20075481
31-12-2020 micro format 24-06-2021 2021-25400284

Similar companies · same sector, comparable size

Of the 1,108 active companies whose main activity is electrical installation work in industrial facilities (NACE 43212), figures are known for 432. 214 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 11 February 2020, D Technics was incorporated as a private limited company.1 Total assets went from €53,373 in 2020 to €68,378 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2020 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
14-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Highest result from 2020 to 2025net €8,490 ▲381%
Operating result €13,046, net result €8,490, both a record.
05-07
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
26-06
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
31-12
Financial Back to profitnet €2,111
Net result €2,111 after 2 loss-making years.
23-06
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
21-06
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
31-12
Financial Weakest financial yearnet -€3,402
Net result drops to -€3,402, the lowest in the series; recovery starts the following year.
24-06
NBB filing Annual accounts filed
financial year 2020 · micro format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded11-02-2020
Financial year end31-12
Activities, NACEBEL 2025
43212Electrical installation work in industrial facilities
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
E-invoicing
Reachable via Peppol
Peppol ID 0208:0743518262
Also 9925:BE0743518262
Registered 31-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 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 0743.518.262

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Turnhout · 1 establishment unit since 2020
registered office establishment The establishment unit on the map
Ground area
822 m²
Building footprint
126 m²
Building volume
714 m³
Parcel 13452M0432/00P000, Flanders · tallest building 8.4 m. Linked by address, not a title deed.
1 establishment unit
D Technics
Tijkwerkersstraat 1, 2300 TurnhoutElectrical installation work in industrial facilities
since 2020unit no. 2.299.073.907
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
13452M0432/00P000 Flanders 822 m² 1 · 126 m² 8.4 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.