E&I Tec
ActiveSummary
The computed 12-month bankruptcy probability of E&I Tec is 1.5% (moderate). The 2024 annual accounts show equity of €44k and a net result of €-2k. Equity is growing by ~16.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 36375 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability21▼-26
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 17.93 against 5.85 in 2023; short-term debt: 5.5% and cash: 18.4% of total assets), and 5.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · 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
94.5%
Return on assets
-3.6%
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
16 d early
2022
26 d early
2021
17 d late
2020
13 d late
2019
95 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€44k▼ 3.7%
2023 · €45k
Total assets
€46k▼ 15.0%
2023 · €55k
Net result
€-2k
2023 · €1k
Working capital
€43k▼ 1.9%
2023 · €44k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€6k▼ 41.0%€27k▲ 358%€10k▼ 63.4%€4k▼ 59.3%€2k▼ 48.3%
Net result€4k▼ 35.1%€21k▲ 382%€7k▼ 66.6%€1k▼ 84.3%€-2k
Equity€17k▲ 33.4%€38k▲ 121%€44k▲ 18.2%€45k▲ 2.4%€44k▼ 3.7%
Total assets€27k▲ 47.1%€85k▲ 219%€84k▼ 1.0%€55k▼ 35.0%€46k▼ 15.0%
Debt€10k▲ 80.1%€47k▲ 395%€40k▼ 16.3%€9k▼ 77.1%€3k▼ 71.9%
Working capital€17k▲ 33.4%€44k▲ 161%€43k▼ 4.2%€44k▲ 3.1%€43k▼ 1.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 48% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €46k
Fixed assets
€757 ▼ 51.8%
Current assets
€46k ▼ 13.9%
Equity and liabilities €46k
Equity
€44k ▼ 3.7%
Debt
€3k ▼ 71.9%
Debt's share of the balance-sheet total falls from 16.6% to 5.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3k▼
2023 · €5k
Cash flow
€-849▼
2023 · €2k
Current ratio
17.93▲
2023 · 5.85
Debt to equity
0.06▼
2023 · 0.20
ROE
-3.8%▼
2023 · 2.4%
ROA
-3.6%▼
2023 · 2.0%
Interest coverage
0.78▼
2023 · 3.15
Debt ≤ 1 year
€3k▼
2023 · €9k
Income taxes
€26▼
2023 · €1k
Staff costs
€2k▲
2023 · €328
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €489 | - | €328 | €2k | ▲ 515% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €170 | €700 | €813 | ▲ 16.2% |
| Other operating charges640/8 | - | €1k | €513 | €2k | €528 | ▼ 73.7% |
| Gross operating margin9900 | €6k | €29k | €11k | €7k | €5k | ▼ 23.0% |
| Operating profit (loss)9901 | €6k | €27k | €10k | €4k | €2k | ▼ 48.3% |
| Financial income75/76B | - | €2 | €891 | €0 | €0 | ▲ 900% |
| Recurring financial income75 | - | €2 | €891 | €0 | €0 | ▲ 900% |
| Financial charges65/66B | - | €44 | €613 | €2k | €4k | ▲ 148% |
| Recurring financial charges65 | €80 | €44 | €613 | €2k | €4k | ▲ 148% |
| Profit (loss) for the period before taxes9903 | €6k | €27k | €10k | €3k | €-2k | ▼ 164% |
| Income taxes67/77 | €2k | €7k | €3k | €1k | €26 | ▼ 98.2% |
| Profit (loss) for the period9904 | €4k | €21k | €7k | €1k | €-2k | ▼ 255% |
| Profit (loss) for the period to be appropriated9905 | €4k | €21k | €7k | €1k | €-2k | ▼ 255% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €27k | €85k | €84k | €55k | €46k | ▼ 15.0% |
| Fixed assets21/28 | - | - | €2k | €2k | €757 | ▼ 51.8% |
| Tangible fixed assets22/27 | - | - | €2k | €2k | €757 | ▼ 51.8% |
| Land and buildings22 | - | - | €2k | €1k | €497 | ▼ 57.3% |
| Plant, machinery and equipment23 | - | - | - | €406 | €260 | ▼ 36.0% |
| Current assets29/58 | €27k | €85k | €82k | €53k | €46k | ▼ 13.9% |
| Amounts receivable within one year40/41 | €20k | €49k | €73k | €45k | €37k | ▼ 16.7% |
| Trade receivables40 | - | €37k | €54k | €30k | €22k | ▼ 26.0% |
| Other amounts receivable41 | - | €12k | €20k | €14k | €15k | ▲ 2.8% |
| Cash at bank and in hand54/58 | €6k | €36k | €7k | €8k | €9k | ▲ 2.9% |
| Deferred charges and accrued income490/1 | - | - | €1k | €160 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €27k | €85k | €84k | €55k | €46k | ▼ 15.0% |
| Equity10/15 | €17k | €38k | €44k | €45k | €44k | ▼ 3.7% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Capital10 | - | €6k | - | - | - | - |
| Issued capital100 | - | €19k | - | - | - | - |
| Uncalled capital101 | - | €12k | - | - | - | - |
| Outside capital11 | - | - | €6k | - | - | - |
| Other1109/19 | - | - | €6k | - | - | - |
| Reserves13 | €11k | €31k | €38k | €39k | €39k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Legal reserve130 | - | €2k | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €29k | €36k | €37k | €37k | = |
| Profit (loss) carried forward14 | - | - | - | - | €-2k | - |
| Amounts payable17/49 | €10k | €47k | €40k | €9k | €3k | ▼ 71.9% |
| Amounts payable within one year42/48 | €10k | €40k | €40k | €9k | €3k | ▼ 71.9% |
| Current portion of amounts payable after more than one year42 | - | - | €500 | - | €101 | - |
| Financial debts43 | - | - | - | €740 | €740 | = |
| Credit institutions430/8 | - | - | - | €740 | €740 | = |
| Trade debts44 | €2k | €29k | €25k | €816 | €460 | ▼ 43.6% |
| Suppliers440/4 | - | €29k | €25k | €816 | €460 | ▼ 43.6% |
| Taxes, remuneration and social security45 | - | €11k | €14k | €7k | €1k | ▼ 83.4% |
| Taxes450/3 | - | €11k | €10k | €6k | €1k | ▼ 78.5% |
| Remuneration and social security454/9 | - | €351 | €4k | €2k | €37 | ▼ 98.1% |
| Accrued charges and deferred income492/3 | - | €7k | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €21k | €7k | €1k | €-2k | ▼ 255% |
| + Depreciation and write-downs630 | - | - | €170 | €700 | €813 | ▲ 16.2% |
| Operating cash flow (approximation) | €4k | €21k | €7k | €2k | €-849 | ▼ 148% |
| Investment in fixed assets (approximation) | - | - | - | €-439 | €0 | ▲ 100% |
| Change in cash | - | €29k | €-28k | €1k | €241 | ▼ 75.9% |
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
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 17.93
Current ratio from 5.85 to 17.93; short-term debt falls from €9k to €3k.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 5.85
Current ratio from 2.08 to 5.85; short-term debt falls from €40k to €9k.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
31-12
Financial
Highest result since 2019net €21k ▲382%
Operating result €27k, net result €21k, both a record.
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
03-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 95 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Heusden-Zolder · 1 establishment unit since 2018
Ground area
801 m²
Building footprint
164 m²
Parcel 71025A0073/00K070, Flanders. Linked by address, not a title deed.
1 establishment unit
E&I Tec
since 20182.280.337.564
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71025A0073/00K070 | Flanders | 801 m² | 1 · 164 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
Recognised contractor
2 categoriesE&I Tec BV42848
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Of 22,832 companies in sector 43211 we hold annual accounts for 10,326. 8,432 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
Founded20-09-2018
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
Scores and ratios are computed by Checked and are not a credit decision.