E-Technics
ActiveSummary
E-Technics has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€104,460) and a net result of €3,004. Equity is shrinking by ~52% per year across the filed fiscal years. Its solvency ranks better than 5% of 28184 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▲+71
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 5.99 against 9.55 in 2024; short-term debt: 16.4% and cash: 7.3% of total assets), but equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 2025Solvency, return and age of the figures
Solvency
-63.9%
Return on assets
1.8%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 28184 sector peers (2025).
NBB · sector comparisonPosition among 28184 sector peers
Solvency
better than 5%
← 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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
24 d early
2023
20 d early
2022
5 d early
2021
39 d early
2020
16 d late
2019
22 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 16 days before 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 (2)
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 monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€104,460▲ 2.8%
2024 · -€107,464
Total assets
€163,471▲ 24.1%
2024 · €131,705
Net result
€3,004
2024 · -€36,529
Working capital
€133,901▲ 20.2%
2024 · €111,403
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
Line20212022202320242025
Operating result-€46,853▼ 1,759%€13,672-€38,565-€36,071▲ 6.5%€3,447
Net result-€47,426below the sector's middle half▼ 1,145%€13,411within the sector's middle half-€38,937below the sector's middle half-€36,529below the sector's middle half▲ 6.2%€3,004within the sector's middle half
Equity-€45,408below the sector's middle half-€31,997below the sector's middle half▲ 29.5%-€70,934below the sector's middle half▼ 122%-€107,464below the sector's middle half▼ 51.5%-€104,460below the sector's middle half▲ 2.8%
Total assets€196,742within the sector's middle half▼ 17.4%€335,977above the sector's middle half▲ 70.8%€209,339within the sector's middle half▼ 37.7%€131,705within the sector's middle half▼ 37.1%€163,471within the sector's middle half▲ 24.1%
Debt€242,150▲ 2.5%€367,974▲ 52.0%€280,274▼ 23.8%€239,169▼ 14.7%€267,931▲ 12.0%
Working capital-€22,641€67,584€170,212▲ 152%€111,403▼ 34.6%€133,901▲ 20.2%
Solvency-23.1%below the sector's middle half▼ 23.9pp-9.5%below the sector's middle half▲ 13.6pp-33.9%below the sector's middle half▼ 24.4pp-81.6%below the sector's middle half▼ 47.7pp-63.9%below the sector's middle half▲ 17.7pp
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 returns to profit in 2025: €3,447 after a loss of €36,071 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €163,471
Fixed assets
€2,725 ▼ 62.6%
Current assets
€160,746 ▲ 29.2%
Key figures and ratios
EBITDA
€7,998▲
2024 · -€20,035
Cash flow
€7,555▲
2024 · -€20,493
Current ratio
5.99▼
2024 · 9.55
Quick ratio
4.87▼
2024 · 7.50
Debt to equity
-2.56▼
2024 · -2.23
ROA
1.8%▲
2024 · -27.7%
Interest coverage
23.93▲
2024 · -42.97
Debt ≤ 1 year
€26,846▲
2024 · €13,025
Debt > 1 year
€203,000▼
2024 · €207,000
Income taxes
€141▲
2024 · €134
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,381 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 94% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit under 5% of the balance sheet
2.0%
went bankrupt
3.1%
stopped otherwise
94%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% 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 497,058 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% | 1.6% |
| 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 74% 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 1,381 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €3,000 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,549 | €19,885 | €21,460 | €16,037 | €4,552 | ▼ 71.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €2,873 | - | - | - | - |
| Other operating charges640/8 | €192 | €569 | €714 | €401 | €1,337 | ▲ 234% |
| Non-recurring operating charges66A | - | - | €451 | - | - | - |
| Gross operating margin9900 | -€23,112 | €36,999 | -€15,940 | -€19,634 | €9,335 | ▲ 148% |
| Operating profit (loss)9901 | -€46,853 | €13,672 | -€38,565 | -€36,071 | €3,447 | ▲ 110% |
| Financial income75/76B | €227 | €308 | €345 | €142 | €32 | ▼ 77.4% |
| Recurring financial income75 | €227 | €308 | €345 | €142 | €32 | ▼ 77.4% |
| Financial charges65/66B | €370 | €546 | €563 | €466 | €334 | ▼ 28.3% |
| Recurring financial charges65 | €370 | €546 | €563 | €466 | €334 | ▼ 28.3% |
| Profit (loss) for the period before taxes9903 | -€46,995 | €13,433 | -€38,783 | -€36,396 | €3,145 | ▲ 109% |
| Income taxes67/77 | €431 | €22 | €154 | €134 | €141 | ▲ 5.4% |
| Profit (loss) for the period9904 | -€47,426 | €13,411 | -€38,937 | -€36,529 | €3,004 | ▲ 108% |
| Profit (loss) for the period to be appropriated9905 | -€47,426 | €13,411 | -€38,937 | -€36,529 | €3,004 | ▲ 108% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €196,742 | €335,977 | €209,339 | €131,705 | €163,471 | ▲ 24.1% |
| Fixed assets21/28 | €50,514 | €38,021 | €23,313 | €7,277 | €2,725 | ▼ 62.6% |
| Intangible fixed assets21 | - | - | €1,027 | €595 | €163 | ▼ 72.6% |
| Tangible fixed assets22/27 | €50,514 | €38,021 | €22,287 | €6,682 | €2,562 | ▼ 61.7% |
| Plant, machinery and equipment23 | €696 | €6,870 | €5,166 | €3,461 | €1,964 | ▼ 43.3% |
| Furniture and vehicles24 | €37,448 | €24,966 | €17,121 | €3,221 | €598 | ▼ 81.4% |
| Leasing and similar rights25 | €12,369 | €6,185 | - | - | - | - |
| Current assets29/58 | €146,228 | €297,956 | €186,026 | €124,429 | €160,746 | ▲ 29.2% |
| Stocks and contracts in progress3 | €17,383 | €64,391 | €26,162 | €26,711 | €30,029 | ▲ 12.4% |
| Stocks30/36 | €17,383 | €64,391 | €26,162 | €26,711 | €30,029 | ▲ 12.4% |
| Amounts receivable within one year40/41 | €95,255 | €183,901 | €110,091 | €90,979 | €115,604 | ▲ 27.1% |
| Trade receivables40 | €84,300 | €183,605 | €99,819 | €90,100 | €108,512 | ▲ 20.4% |
| Other amounts receivable41 | €10,955 | €296 | €10,272 | €879 | €7,093 | ▲ 707% |
| Cash at bank and in hand54/58 | €1,066 | - | €2,104 | €4,355 | €11,948 | ▲ 174% |
| Deferred charges and accrued income490/1 | €32,525 | €49,665 | €47,669 | €2,384 | €3,165 | ▲ 32.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €196,742 | €335,977 | €209,339 | €131,705 | €163,471 | ▲ 24.1% |
| Equity10/15 | -€45,408 | -€31,997 | -€70,934 | -€107,464 | -€104,460 | ▲ 2.8% |
| Contributions10/11 | €168,600 | €168,600 | €168,600 | €168,600 | €168,600 | = |
| Profit (loss) carried forward14 | -€214,008 | -€200,597 | -€239,534 | -€276,064 | -€273,060 | ▲ 1.1% |
| Amounts payable17/49 | €242,150 | €367,974 | €280,274 | €239,169 | €267,931 | ▲ 12.0% |
| Amounts payable after more than one year17 | €73,281 | €70,000 | €262,000 | €207,000 | €203,000 | ▼ 1.9% |
| Financial debts170/4 | €73,281 | €70,000 | €262,000 | €207,000 | €203,000 | ▼ 1.9% |
| Amounts payable within one year42/48 | €168,869 | €230,373 | €15,814 | €13,025 | €26,846 | ▲ 106% |
| Current portion of amounts payable after more than one year42 | €16,137 | €3,281 | - | - | - | - |
| Trade debts44 | €32,080 | €6,529 | €15,213 | €12,042 | €26,071 | ▲ 117% |
| Suppliers440/4 | €32,080 | €6,529 | €15,213 | €12,042 | €26,071 | ▲ 117% |
| Advances received on contracts in progress46 | €4,630 | €662 | - | - | - | - |
| Taxes, remuneration and social security45 | €225 | €3,149 | €154 | - | €141 | - |
| Taxes450/3 | €225 | €3,149 | €154 | - | €141 | - |
| Other amounts payable47/48 | €115,798 | €216,753 | €448 | €983 | €633 | ▼ 35.6% |
| Accrued charges and deferred income492/3 | - | €67,602 | €2,459 | €19,144 | €38,086 | ▲ 98.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€47,426 | €13,411 | -€38,937 | -€36,529 | €3,004 | ▲ 108% |
| + Depreciation and write-downs630 | €23,549 | €19,885 | €21,460 | €16,037 | €4,552 | ▼ 71.6% |
| Operating cash flow (approximation) | -€23,877 | €33,297 | -€17,477 | -€20,493 | €7,555 | ▲ 137% |
| Investment in fixed assets (approximation) | - | -€7,393 | -€6,752 | €0 | €0 | - |
| Change in cash | - | - | - | €2,251 | €7,593 | ▲ 237% |
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
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €3,004
Net result €3,004 after 2 loss-making years.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 9current ratio 11.76
Current ratio from 1.29 to 11.76; short-term debt falls from €230,373 to €15,814.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €13,411
Net result €13,411 after 4 loss-making years.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€47,426
Net result drops to -€47,426, the lowest in the series; recovery starts the following year.
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity quadruplescurrent ratio 6.20
Current ratio from 1.40 to 6.20; short-term debt falls from €60,474 to €12,568.
Show earlier events
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Schilde · 1 establishment unit since 2010
Ground area
1,449 m²
Building footprint
140 m²
Volume, LiDAR
901 m³
Parcel 11039D0343/00E004, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
E-Technics
since 20102.190.779.345
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11039D0343/00E004 | Flanders | 1,449 m² | 1 · 140 m² | 8.1 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 869 EUR awarded · 437 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 389 EUR | 389 EUR |
| 2022 | 1 | 480 EUR | 48 EUR |
Similar companies · same sector, comparable size
SRE ELECTRO
BE 1025.705.912
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FAMILY GROUP
BE 1000.626.066
Estaimpuis · Eq €2,003
MANETHEC GORNIK
BE 0682.411.628
Amay · Eq €2,000
Custom Electrics
BE 0741.550.449
Wuustwezel · Eq €2,000
FIXAGO
BE 0742.845.695
Antwerpen · Eq €2,000
Of 22,831 companies in sector 43211 we hold annual accounts for 10,329. 1,808 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
Founded26-07-2010
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43221Plumbing work
43331Floor and wall tiling
43341Painting of buildings
43410Roofing work
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0828068016
Registered
11-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.