E-TECHNIK-BELGIEN
ActiveSummary
E-TECHNIK-BELGIEN has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.0m and a net result of €332. Equity is growing by ~27.8% per year across the filed fiscal years. Its solvency ranks better than 65% of 7940 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability41▼-39
Solvency82▼-1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €250,000 at 30 days acceptable
Liquidity ample (current ratio 2.58 against 2.72 in 2024; short-term debt: 24.8% and cash: 15% of total assets), and 42.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
57.5%
Return on assets
0%
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
7 d late
2024
15 d early
2023
2 d early
2022
28 d late
2021
57 d late
2020
31 d late
2019
56 d late
← 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 23 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 (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. Usually files around 7 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#1 company by total assets in Raeren, Construction sector#1 company by equity in Raeren, Construction sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€332▼ 99.9%
2024 · €649,060
Working capital
€2.8m▼ 0.3%
2024 · €2.8m
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€764,473▲ 577%€1.9m▲ 143%€1.2m▼ 34.8%€943,971▼ 22.0%€96,065▼ 89.8%
Net result€601,404above the sector's middle half▲ 541%€1.4mabove the sector's middle half▲ 136%€834,997above the sector's middle half▼ 41.0%€649,060above the sector's middle half▼ 22.3%€332below the sector's middle half▼ 99.9%
Equity€1.4mabove the sector's middle half▲ 73.3%€2.7mabove the sector's middle half▲ 95.1%€3.5mabove the sector's middle half▲ 31.4%€4.0mabove the sector's middle half▲ 15.7%€4.0mabove the sector's middle half▼ 0.2%
Total assets€3.5mabove the sector's middle half▲ 85.3%€7.3mabove the sector's middle half▲ 112%€6.7mabove the sector's middle half▼ 8.2%€7.0mabove the sector's middle half▲ 4.6%€7.0mabove the sector's middle half=
Debt€2.0m▲ 109%€4.6m▲ 128%€3.1m▼ 31.2%€3.0m▼ 6.1%€2.9m▼ 0.5%
Working capital€257,116within the sector's middle half▼ 30.9%€1.8mabove the sector's middle half▲ 593%€2.8mabove the sector's middle half▲ 55.7%€2.8mabove the sector's middle half▼ 0.6%€2.8mabove the sector's middle half▼ 0.3%
Solvency39.5%within the sector's middle half▼ 2.7pp36.4%within the sector's middle half▼ 3.1pp52.1%within the sector's middle half▲ 15.7pp57.6%within the sector's middle half▲ 5.5pp57.5%within the sector's middle half▼ 0.1pp
Current ratio1.21within the sector's middle half▼ 0.581.54within the sector's middle half▲ 0.333.05above the sector's middle half▲ 1.512.72above the sector's middle half▼ 0.342.58within the sector's middle half▼ 0.14
Return on assets (ROA)17.4%above the sector's middle half▲ 12.4pp19.4%above the sector's middle half▲ 2.0pp12.4%above the sector's middle half▼ 6.9pp9.2%within the sector's middle half▼ 3.2pp0.0%below the sector's middle half▼ 9.2pp
Staff (FTE)1.1below the sector's middle half1.6below the sector's middle half▲ 45.5%2.6within the sector's middle half▲ 62.5%
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.
Why a figure moved sharply
- 2025 Net result -100% on 2024. The accounts now follow the abbreviated schema, last year the full schema.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 90% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.0m
Fixed assets
€2.5m ▼ 4.7%
Current assets
€4.5m ▲ 2.9%
Equity and liabilities €7.0m
Equity
€4.0m ▼ 0.2%
Provisions
€50,000 ▲ 81.8%
Debt
€2.9m ▼ 0.5%
Debt's share of the balance-sheet total falls from 42.0% to 41.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€284,711▼
2024 · €1.1m
Cash flow
€188,978▼
2024 · €814,909
Quick ratio
1.55▼
2024 · 1.60
Debt to equity
0.73▼
2024 · 0.73
ROE
0.0%▼
2024 · 16.1%
Interest coverage
2.70▼
2024 · 14.27
Debt ≤ 1 year
€1.7m▲
2024 · €1.6m
Debt > 1 year
€1.2m▼
2024 · €1.3m
Income taxes
€21,483▼
2024 · €220,625
Staff costs
€247,114▲
2024 · €62,777
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.7%
went bankrupt
4.0%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% 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 10,905 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 | €42,707 | - | €17,480 | - | €1,706 | - |
| Remuneration, social security and pensions62 | - | - | €36,527 | €62,777 | €247,114 | ▲ 294% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €77,769 | €112,941 | €160,854 | €165,849 | €188,646 | ▲ 13.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €32,083 | €94,996 | -€17,500 | €105,023 | €23,727 | ▼ 77.4% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | -€32,000 | - | -€7,500 | -€48,500 | €22,500 | ▲ 146% |
| Other operating charges640/8 | €13,817 | €10,529 | €19,869 | €31,038 | €81,711 | ▲ 163% |
| Non-recurring operating charges66A | €16,957 | €2,069 | €797 | €483 | €48,408 | ▲ 9,922% |
| Gross operating margin9900 | €873,098 | €2.1m | €1.4m | €1.3m | €708,171 | ▼ 43.8% |
| Operating profit (loss)9901 | €764,473 | €1.9m | €1.2m | €943,971 | €96,065 | ▼ 89.8% |
| Financial income75/76B | €6,523 | €15,006 | €7,520 | €3,482 | €9,119 | ▲ 162% |
| Recurring financial income75 | €6,523 | €15,006 | €7,520 | €3,482 | €9,119 | ▲ 162% |
| Financial charges65/66B | €26,200 | €29,822 | €93,355 | €77,769 | €105,309 | ▲ 35.4% |
| Recurring financial charges65 | €26,200 | €29,400 | €93,355 | €77,769 | €105,309 | ▲ 35.4% |
| Non-recurring financial charges66B | - | €422 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €744,796 | €1.8m | €1.1m | €869,685 | -€125 | ▼ 100% |
| Transfer from deferred taxes780 | - | - | - | - | €21,941 | - |
| Income taxes67/77 | €143,393 | €424,559 | €289,344 | €220,625 | €21,483 | ▼ 90.3% |
| Profit (loss) for the period9904 | €601,404 | €1.4m | €834,997 | €649,060 | €332 | ▼ 99.9% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €7,314 | - |
| Profit (loss) for the period to be appropriated9905 | €601,404 | €1.4m | €834,997 | €649,060 | €7,646 | ▼ 98.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.5m | €7.3m | €6.7m | €7.0m | €7.0m | = |
| Fixed assets21/28 | €2.0m | €2.2m | €2.6m | €2.7m | €2.5m | ▼ 4.7% |
| Intangible fixed assets21 | - | €4,750 | €5,347 | €7,071 | €4,749 | ▼ 32.8% |
| Tangible fixed assets22/27 | €2.0m | €2.2m | €2.3m | €2.3m | €2.5m | ▲ 7.2% |
| Land and buildings22 | €493,637 | €1.9m | €1.9m | €1.9m | €1.8m | ▼ 3.8% |
| Plant, machinery and equipment23 | €3,521 | €11,446 | €14,067 | €16,121 | €95,106 | ▲ 490% |
| Furniture and vehicles24 | €266,718 | €301,899 | €261,499 | €319,411 | €614,689 | ▲ 92.4% |
| Assets under construction and advance payments27 | €1.2m | - | €85,000 | €135,000 | €0 | ▼ 100% |
| Financial fixed assets28 | - | - | €270,135 | €300,133 | €8,583 | ▼ 97.1% |
| Current assets29/58 | €1.5m | €5.1m | €4.1m | €4.4m | €4.5m | ▲ 2.9% |
| Amounts receivable after more than one year29 | €58,732 | €58,732 | €56,846 | €74,194 | €74,339 | ▲ 0.2% |
| Other amounts receivable291 | €58,732 | €58,732 | €56,846 | €74,194 | €74,339 | ▲ 0.2% |
| Stocks and contracts in progress3 | €193,348 | €575,224 | €1.8m | €1.8m | €1.8m | ▼ 0.4% |
| Stocks30/36 | €193,348 | €575,224 | €1.8m | €1.8m | €1.8m | ▼ 0.4% |
| Amounts receivable within one year40/41 | €797,530 | €2.4m | €1.2m | €1.4m | €1.6m | ▲ 9.3% |
| Trade receivables40 | €759,770 | €2.3m | €1.2m | €1.3m | €1.3m | ▼ 4.3% |
| Other amounts receivable41 | €37,760 | €51,523 | €18,946 | €94,659 | €284,874 | ▲ 201% |
| Current investments50/53 | €10,555 | €10,629 | €10,735 | €10,928 | €11,259 | ▲ 3.0% |
| Cash at bank and in hand54/58 | €406,172 | €2.1m | €1.0m | €1.0m | €1.1m | ▲ 1.7% |
| Deferred charges and accrued income490/1 | €10,155 | €16,287 | €12,052 | €25,344 | €9,076 | ▼ 64.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.5m | €7.3m | €6.7m | €7.0m | €7.0m | = |
| Equity10/15 | €1.4m | €2.7m | €3.5m | €4.0m | €4.0m | ▼ 0.2% |
| Contributions10/11 | €75,000 | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Reserves13 | €298,500 | €298,500 | €298,500 | €298,500 | €298,500 | = |
| Non-distributable reserves130/1 | €57,000 | €57,000 | €57,000 | €57,000 | €57,000 | = |
| Reserves not available under the articles1311 | €57,000 | €57,000 | €57,000 | €57,000 | €57,000 | = |
| Distributable reserves133 | €241,500 | €241,500 | €241,500 | €241,500 | €241,500 | = |
| Profit (loss) carried forward14 | €988,995 | €2.3m | €3.1m | €3.7m | €3.7m | ▼ 0.2% |
| Provisions and deferred taxes16 | €83,500 | €83,500 | €76,000 | €27,500 | €50,000 | ▲ 81.8% |
| Provisions for liabilities and charges160/5 | €83,500 | €83,500 | €76,000 | €27,500 | €50,000 | ▲ 81.8% |
| Major repairs and maintenance162 | €83,500 | €83,500 | €76,000 | €27,500 | €50,000 | ▲ 81.8% |
| Amounts payable17/49 | €2.0m | €4.6m | €3.1m | €3.0m | €2.9m | ▼ 0.5% |
| Amounts payable after more than one year17 | €782,232 | €1.2m | €1.8m | €1.3m | €1.2m | ▼ 12.3% |
| Financial debts170/4 | €356,905 | €815,476 | €1.7m | €1.3m | €1.1m | ▼ 13.1% |
| Other amounts payable178/9 | €425,327 | €425,327 | €110,327 | €78,327 | €78,327 | = |
| Amounts payable within one year42/48 | €1.2m | €3.3m | €1.4m | €1.6m | €1.7m | ▲ 8.3% |
| Current portion of amounts payable after more than one year42 | €224,430 | €342,857 | €432,026 | €350,670 | €401,805 | ▲ 14.6% |
| Trade debts44 | €883,446 | €2.5m | €723,820 | €1.0m | €1.1m | ▲ 10.4% |
| Suppliers440/4 | €883,446 | €2.5m | €723,820 | €1.0m | €1.1m | ▲ 10.4% |
| Advances received on contracts in progress46 | - | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Taxes, remuneration and social security45 | €93,637 | €353,844 | €169,313 | €157,241 | €130,086 | ▼ 17.3% |
| Taxes450/3 | €90,357 | €350,564 | €157,163 | €133,332 | €102,782 | ▼ 22.9% |
| Remuneration and social security454/9 | €3,279 | €3,279 | €12,149 | €23,909 | €27,304 | ▲ 14.2% |
| Other amounts payable47/48 | €17,863 | €142,252 | €18,508 | €70,731 | €74,903 | ▲ 5.9% |
| Accrued charges and deferred income492/3 | €4,884 | €6,511 | €4,676 | €6,731 | €21,768 | ▲ 223% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €601,404 | €1.4m | €834,997 | €649,060 | €332 | ▼ 99.9% |
| + Depreciation and write-downs630 | €77,769 | €112,941 | €160,854 | €165,849 | €188,646 | ▲ 13.7% |
| Operating cash flow (approximation) | €679,173 | €1.5m | €995,850 | €814,909 | €188,978 | ▼ 76.8% |
| Investment in fixed assets (approximation) | - | -€343,960 | -€537,305 | -€236,226 | -€62,727 | ▲ 73.4% |
| Change in cash | - | €1.7m | -€1.0m | -€5,268 | €17,396 | ▲ 430% |
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
07-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 7 days late
2025
31-12
Financial
Weakest financial yearnet €332 ▼99.9%
Net result drops to €332, the lowest in the series.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 28 days late
2022
31-12
Financial
Highest result since 2018net €1.4m ▲136%
Operating result €1.9m, net result €1.4m, both a record.
31-12
Financial
Equity above €2mEq €2.7m ▲95.1%
5 profitable years in a row build equity to €2.7m.
26-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 57 days late
2021
31-12
Financial
Equity above €1mEq €1.4m ▲73.3%
4 profitable years in a row build equity to €1.4m.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 56 days late
2019
31-12
Financial
Equity above €1mEq €1.2m ▲19.1%
2 profitable years in a row build equity to €1.2m.
Show earlier events
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 90 days late
2018
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
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 2008
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 344731 Raeren1 establishment unit
E-TECHNIK-BELGIEN
since 20082.174.830.466
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2023 list no shareholders, and no other source names one.
Holdings 1
-
90%
According to the 2023 annual accounts of E-TECHNIK-BELGIEN and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 22,827 companies in sector 43211 we hold annual accounts for 10,338. 1,528 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 (pre-2019)
Founded31-10-2008
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
46150Agents in the wholesale of furniture, household goods and hardware
46431Wholesale of electrical household appliances and audio-video equipment
46643Wholesale of electrical equipment, including installation materials
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0807679606
Also
9925:BE0807679606
Registered
20-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.