E&A TECHNIC
ActiveSummary
The computed 12-month bankruptcy probability of E&A TECHNIC is 4.6% (elevated). The 2024 annual accounts show negative equity (-€113,297) and a net result of -€39,272. Equity is shrinking by ~109.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 36386 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability6▲+1
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
4.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.32 against 0.43 in 2023; short-term debt: 160.6% and cash: 22.8% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk
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 2024Solvency, return and age of the figures
Solvency
-88.5%
Return on assets
-30.7%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2021222324
2020 to 2024 · latest year -€113,297
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-02-2026, 187 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
187 d late
2023
90 d late
2022
60 d late
2021
31 d late
2020
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 80 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
-€113,297▼ 53.1%
2023 · -€74,025
Total assets
€128,002▼ 15.3%
2023 · €151,038
Net result
-€39,272▲ 30.8%
2023 · -€56,752
Working capital
-€138,836▼ 41.1%
2023 · -€98,412
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
Line20202021202220232024
Operating result€58,415--€8,855€7,979€27,375▲ 243%€10,099▼ 63.1%
Net result€46,213above the sector's middle half--€9,603below the sector's middle half-€46,883below the sector's middle half▼ 388%-€56,752below the sector's middle half▼ 21.1%-€39,272below the sector's middle half▲ 30.8%
Equity€39,213within the sector's middle half-€29,610within the sector's middle half▼ 24.5%-€17,273below the sector's middle half-€74,025below the sector's middle half▼ 329%-€113,297below the sector's middle half▼ 53.1%
Total assets€87,170within the sector's middle half-€102,230within the sector's middle half▲ 17.3%€92,548within the sector's middle half▼ 9.5%€151,038within the sector's middle half▲ 63.2%€128,002within the sector's middle half▼ 15.3%
Debt€47,957-€72,620▲ 51.4%€109,821▲ 51.2%€225,063▲ 105%€241,299▲ 7.2%
Working capital€28,285within the sector's middle half-€8,734within the sector's middle half▼ 69.1%-€34,702below the sector's middle half-€98,412below the sector's middle half▼ 184%-€138,836below the sector's middle half▼ 41.1%
Solvency45.0%within the sector's middle half-29.0%within the sector's middle half▼ 16.0pp-18.7%below the sector's middle half▼ 47.6pp-49.0%below the sector's middle half▼ 30.3pp-88.5%below the sector's middle half▼ 39.5pp
Current ratio1.77within the sector's middle half-1.24within the sector's middle half▼ 0.540.60below the sector's middle half▼ 0.640.43below the sector's middle half▼ 0.170.32below the sector's middle half▼ 0.10
Return on assets (ROA)53.0%above the sector's middle half--9.4%below the sector's middle half▼ 62.4pp-50.7%below the sector's middle half▼ 41.3pp-37.6%below the sector's middle half▲ 13.1pp-30.7%below the sector's middle half▲ 6.9pp
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 2024; 2024 is 63% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €128,002
Fixed assets
€61,205 ▼ 21.7%
Current assets
€66,797 ▼ 8.4%
Key figures and ratios
EBITDA
€34,029▼
2023 · €46,414
Cash flow
-€15,342▲
2023 · -€37,713
Quick ratio
0.29▼
2023 · 0.40
Debt to equity
-2.13▲
2023 · -3.04
Interest coverage
0.69▲
2023 · 0.55
Debt ≤ 1 year
€205,633▲
2023 · €171,315
Debt > 1 year
€35,666▼
2023 · €53,723
Income taxes
€286▼
2023 · €382
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,038 companies that looked in July 2024 the way this one looks now, 7.3% went bankrupt within 24 months and 82% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.3%
went bankrupt
8.2%
stopped otherwise
82%
still going
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.6% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 6,038 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,194 | €8,180 | €15,337 | €19,040 | €23,930 | ▲ 25.7% |
| Other operating charges640/8 | - | €811 | €940 | €2,349 | €3,237 | ▲ 37.8% |
| Gross operating margin9900 | €70,821 | €136 | €24,256 | €48,763 | €37,266 | ▼ 23.6% |
| Operating profit (loss)9901 | €58,415 | -€8,855 | €7,979 | €27,375 | €10,099 | ▼ 63.1% |
| Financial income75/76B | - | €42 | €0 | - | €0 | - |
| Recurring financial income75 | €0 | €42 | €0 | - | €0 | - |
| Financial charges65/66B | - | €368 | €54,570 | €83,745 | €49,086 | ▼ 41.4% |
| Recurring financial charges65 | €697 | €368 | €54,570 | €83,745 | €49,086 | ▼ 41.4% |
| Profit (loss) for the period before taxes9903 | €57,718 | -€9,181 | -€46,591 | -€56,370 | -€38,986 | ▲ 30.8% |
| Income taxes67/77 | €11,505 | €421 | €292 | €382 | €286 | ▼ 25.2% |
| Profit (loss) for the period9904 | €46,213 | -€9,603 | -€46,883 | -€56,752 | -€39,272 | ▲ 30.8% |
| Profit (loss) for the period to be appropriated9905 | €46,213 | -€9,603 | -€46,883 | -€56,752 | -€39,272 | ▲ 30.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €87,170 | €102,230 | €92,548 | €151,038 | €128,002 | ▼ 15.3% |
| Fixed assets21/28 | €22,342 | €56,709 | €41,371 | €78,134 | €61,205 | ▼ 21.7% |
| Tangible fixed assets22/27 | €22,342 | €56,709 | €41,371 | €78,134 | €61,205 | ▼ 21.7% |
| Plant, machinery and equipment23 | - | - | - | - | €5,330 | - |
| Furniture and vehicles24 | - | €56,709 | €41,371 | €78,134 | €55,875 | ▼ 28.5% |
| Current assets29/58 | €64,828 | €45,522 | €51,177 | €72,903 | €66,797 | ▼ 8.4% |
| Stocks and contracts in progress3 | €3,726 | €4,377 | €3,773 | €4,178 | €6,363 | ▲ 52.3% |
| Stocks30/36 | - | €4,377 | €3,773 | €4,178 | €6,363 | ▲ 52.3% |
| Amounts receivable within one year40/41 | €25,627 | €20,506 | €26,098 | €46,816 | €29,251 | ▼ 37.5% |
| Trade receivables40 | - | €12,342 | €25,356 | €46,816 | €28,387 | ▼ 39.4% |
| Other amounts receivable41 | - | €8,164 | €743 | - | €865 | - |
| Cash at bank and in hand54/58 | €35,295 | €20,482 | €14,808 | €16,353 | €29,196 | ▲ 78.5% |
| Deferred charges and accrued income490/1 | - | €157 | €6,497 | €5,556 | €1,987 | ▼ 64.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €87,170 | €102,230 | €92,548 | €151,038 | €128,002 | ▼ 15.3% |
| Equity10/15 | €39,213 | €29,610 | -€17,273 | -€74,025 | -€113,297 | ▼ 53.1% |
| Contributions10/11 | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €34,213 | €24,610 | -€22,273 | -€79,025 | -€118,297 | ▼ 49.7% |
| Amounts payable17/49 | €47,957 | €72,620 | €109,821 | €225,063 | €241,299 | ▲ 7.2% |
| Amounts payable after more than one year17 | €11,414 | €35,832 | €23,942 | €53,723 | €35,666 | ▼ 33.6% |
| Financial debts170/4 | - | €35,832 | €23,942 | €53,723 | €35,666 | ▼ 33.6% |
| Amounts payable within one year42/48 | €36,543 | €36,788 | €85,878 | €171,315 | €205,633 | ▲ 20.0% |
| Current portion of amounts payable after more than one year42 | - | €15,576 | €11,890 | €17,631 | €18,057 | ▲ 2.4% |
| Trade debts44 | €142 | €2,337 | €4,601 | €578 | €937 | ▲ 62.1% |
| Suppliers440/4 | - | €2,337 | €4,601 | €578 | €937 | ▲ 62.1% |
| Taxes, remuneration and social security45 | - | €5,135 | €8,709 | €15,571 | €4,665 | ▼ 70.0% |
| Taxes450/3 | - | €5,135 | €5,996 | €12,902 | €1,882 | ▼ 85.4% |
| Remuneration and social security454/9 | - | - | €2,713 | €2,669 | €2,783 | ▲ 4.3% |
| Other amounts payable47/48 | - | €13,740 | €60,679 | €137,535 | €181,974 | ▲ 32.3% |
| Accrued charges and deferred income492/3 | - | - | - | €25 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €46,213 | -€9,603 | -€46,883 | -€56,752 | -€39,272 | ▲ 30.8% |
| + Depreciation and write-downs630 | €10,194 | €8,180 | €15,337 | €19,040 | €23,930 | ▲ 25.7% |
| Operating cash flow (approximation) | €56,407 | -€1,423 | -€31,546 | -€37,713 | -€15,342 | ▲ 59.3% |
| Investment in fixed assets (approximation) | - | -€42,547 | €0 | -€55,803 | -€7,000 | ▲ 87.5% |
| Change in cash | - | -€14,813 | -€5,674 | €1,545 | €12,842 | ▲ 731% |
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
2026
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 187 days late
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 90 days late
2023
31-12
Financial
Weakest financial yearnet -€56,752
Net result drops to -€56,752, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Ciney · 1 establishment unit since 2019
Ground area
508 m²
Building footprint
172 m²
Parcel 91028D0064/00C003, Wallonia. Linked by address, not a title deed.
1 establishment unit
E&A Technic
since 20192.290.056.073
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91028D0064/00C003 | Wallonia | 508 m² | 1 · 172 m² | - |
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.
Recognitions · licences · registrations
Legal Entity Identifier
254900GN4WE7X3PF1704
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Of 4,093 companies in sector 43240 we hold annual accounts for 1,635. 1,242 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
Founded24-05-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43240Other construction installation
77399Renting and leasing of other machinery, equipment and tangible goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0727494555
Registered
08-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.