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E-TECH

Active
Private limited companyfounded 201115 yrs activeGewerbestrasse 43, 4731 Raeren, BelgiumKBO/BCE: BE 0838.488.982

E-TECH has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €184k and a net result of €17k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 20% of 7673 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
61 / 100
Healthy▲ +6 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability45▼-55
Solvency32▲+12
Growth32=
Stability100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity tight (current ratio 1.36 against 1.06 in 2024), and 80.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
19.6%
Return on assets
1.8%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 15 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 7673 sector peers (2025).
NBB · sector comparison
Position among 7673 sector peers
Solvency
better than 20%
← 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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
29 d early
2024
44 d early
2023
29 d early
2022
115 d early
2021
38 d early
2020
102 d early
2019
32 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€17k▼ 54.8%
2024 · €37k
2018: €78k 2019: €-44k 2020: €-2k 2021: €65k 2022: €213k 2023: €235k 2024: €37k
2018 → 2025
Working capital
€160k▲ 194%
2024 · €54k
2018: €49k 2019: €26k 2020: €16k 2021: €-57k 2022: €-22k 2023: €-60k 2024: €54k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€169k-€215k▲ 27.6%€263k▲ 22.4%€169k▼ 35.8%€184k▲ 8.8%
Operating result€72k-€249k▲ 248%€275k▲ 10.1%€60k▼ 78.0%€43k▼ 28.9%
Net result€65k-€213k▲ 230%€235k▲ 10.3%€37k▼ 84.4%€17k▼ 54.8%
Result per fiscal year
Operating resultNet result
€0€100k€200k€300kOperating result 2021: €72k€72kNet result 2021: €65k€65kOperating result 2022: €249k€249kNet result 2022: €213k€213kOperating result 2023: €275k€275kNet result 2023: €235k€235kOperating result 2024: €60k€60kNet result 2024: €37k€37kOperating result 2025: €43k€43kNet result 2025: €17k€17k20212022202320242025
The operating result has fallen two years in a row; 2025 is 29% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €940k
Fixed assets €338k▼ 24.9%
Current assets €602k▼ 42.3%
Equity and liabilities €940k
Equity €184k▲ 8.8%
Debt €756k▼ 42.9%
The debt ratio falls from 88.7% to 80.4%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€112k
2024 · €159k
Cash flow
€85k
2024 · €135k
Solvency
19.6%
2024 · 11.3%
Current ratio
1.36
2024 · 1.06
Quick ratio
1.17
2024 · 0.49
Debt / equity
4.11
2024 · 7.82
ROE
9.0%
2024 · 21.7%
ROA
1.8%
2024 · 2.5%
Interest coverage
6.01
2024 · 7.14
Debt
€756k
2024 · €1.32M
Debt ≤ 1 year
€442k
2024 · €988k
Debt > 1 year
€304k
2024 · €325k
Income taxes
€10k
2024 · €7k
Staff costs
€665k
2024 · €657k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€1.49M€940k
Fixed assets21/28€450k€338k
Tangible fixed assets22/27€450k€338k
Land and buildings22€253k€245k
Plant, machinery and equipment23€44k€29k
Furniture and vehicles24€152k€64k
Current assets29/58€1.04M€602k
Stocks and contracts in progress3€558k€83k
Stocks30/36€49k€51k
Contracts in progress37€508k€32k
Amounts receivable within one year40/41€338k€425k
Trade receivables40€286k€388k
Other amounts receivable41€51k€38k
Cash at bank and in hand54/58€145k€91k
Deferred charges and accrued income490/1€3k€3k
Equity and liabilities
Total equity and liabilities10/49€1.49M€940k
Equity10/15€169k€184k
Contributions10/11€57k€57k=
Reserves13€84k€84k=
Distributable reserves133€84k€84k=
Profit (loss) carried forward14€8k€24k
Investment grants15€21k€19k
Amounts payable17/49€1.32M€756k
Amounts payable after more than one year17€325k€304k
Financial debts170/4€125k€54k
Trade debts175€200k€250k
Amounts payable within one year42/48€988k€442k
Current portion of amounts payable after more than one year42€84k€50k
Trade debts44€187k€235k
Suppliers440/4€187k€235k
Advances received on contracts in progress46€514k€9k
Taxes, remuneration and social security45€74k€94k
Taxes450/3€17k€1k
Remuneration and social security454/9€57k€92k
Other amounts payable47/48€129k€54k
Accrued charges and deferred income492/3€10k€10k
Income statement Code20242025
Remuneration, social security and pensions62€657k€665k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€99k€69k
Other operating charges640/8€12k€12k
Non-recurring operating charges66A-€20k
Gross operating margin9900€828k€809k
Operating profit (loss)9901€60k€43k
Financial income75/76B€5k€2k
Recurring financial income75€5k€2k
Financial charges65/66B€22k€19k
Recurring financial charges65€22k€19k
Profit (loss) for the period before taxes9903€43k€27k
Income taxes67/77€7k€10k
Profit (loss) for the period9904€37k€17k
Profit (loss) for the period to be appropriated9905€37k€17k
Appropriation of the result
Profit (loss) to be appropriated9906€137k€24k
Profit (loss) brought forward from the previous period14P€100k€8k
Profit to be distributed694/7€129k-
Return on contributions (dividend)694€99k-
Directors or managers695€30k-
Social balance
Average headcount (FTE)908714.212.9

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
02-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
17-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
02-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Highest result since 2018net €235k ▲10.3%
Operating result €275k, net result €235k, both a record.
07-04
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Equity above €200kEq €215k ▲27.6%
2 profitable years in a row build equity to €215k.
23-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Back to profitnet €65k
Net result €65k after 2 loss-making years.
20-04
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
29-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Weakest financial yearnet €-44k ▼157%
Net result drops to €-44k, the lowest in the series; recovery starts the following year.
24-05
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
26-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
27-04
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
7 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, Raeren · 1 establishment unit since 2011
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Gewerbestrasse 434731 Raeren
1 establishment unit
E-TECH
Gewerbestrasse 43, 4731 RaerenManufacture of fabricated metal products, except machinery and equipment
since 20112.201.437.863

Recognitions · licences · registrations

Recognised contractor

4 categories
E-TECH PGmhH43549
category P1, class 2 · category P2, class 4 · category P3, class 2 · category S1, class 2
decision 11-04-2024

Similar companies · same sector, comparable size

Of 1,221 companies in sector 33200 we hold annual accounts for 675. 519 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded01-07-2011
Fiscal year end31-12
Activities, NACEBEL
33200Installation of industrial machinery and equipment
43211General electrical installation work
25530Machining of metals
33120Repair and maintenance of machinery
46643Wholesale of electrical equipment, including installation materials
47529Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filings

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.