Equity
€53,046 from €352,559 in 2022
Equity fell by 85% in 3 years.
EDITECH ENGINEERING
Lifetime
21 annual accounts with figures on one time axis, 28 filings since 1998peak €1.6m (2022)
€1.1m▼ 4.7%
lowest -€113,619 (2023)
-€11,985▼ €25,576
peak €352,559 (2022)
€53,046▼ 58.4%
€701,095▼ 13.5%
peak 5 FTE (2021)
0 FTE
Board4 names since 2021
1 directorMARINX Marjolijn
Documentsfilings and deeds
25-07-20266 days before the deadline
2025financial year
Loss of €11,985Appointment: POP Adrian-Atanasiu (director) 20-11Dividend €62,500Equity from €127,531 to €53,046Cash from €195,417 to €65,332
Key points
from the 2025 annual accountsTurnover
≈ €2.9m estimated
The accounts state no turnover.
Debts
€701,095 93% of the balance sheet
Suppliers 75%Taxes and wages 21%Other 4%
Of this, €698,412 falls due within a year.
Staff
0 FTE ▼ 100%
Fewer staff in 2025: different schema filed.
Filings
28 annual accounts since 1998
Nine of the last ten came late. The 2016 accounts came latest: 119 days after the end of the period.
Position in the sector
7.0%
Lower solvency than 89% of companies in specialised construction. Sector median 42.4% · 2,463 companies.
Checked score
64
Healthy
Financially stronger than 15% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.0%
01-2025: 2.0%● unchanged vs 12-2024
02-2025: 2.0%● unchanged vs 01-2025
03-2025: 2.1%▲ +0.1 percentage points vs 02-2025
04-2025: 2.0%▼ -0.1 percentage points vs 03-2025
05-2025: 1.9%▼ -0.1 percentage points vs 04-2025
06-2025: 1.9%● unchanged vs 05-2025
07-2025: 2.0%▲ +0.1 percentage points vs 06-2025
08-2025: 2.6%▲ +0.6 percentage points vs 07-2025
09-2025: 2.9%▲ +0.3 percentage points vs 08-2025
10-2025: 0.8%▼ -2.1 percentage points vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.8%● unchanged vs 12-2025lowest value
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 3.1%▲ +2.3 percentage points vs 02-2026highest value
04-2026: 3.0%▼ -0.1 percentage points vs 03-2026
05-2026: 1.0%▼ -2.0 percentage points vs 04-2026
06-2026: 1.0%● unchanged vs 05-2026
07-2026: 1.1%▲ +0.1 percentage points vs 06-2026
08-2026: 1.0%▼ -0.1 percentage points vs 07-2026
09-2026: 1.0%● unchanged vs 08-2026
10-2026: 1.0%● unchanged vs 09-2026
11-2026: 1.0%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
1 change of registered office in 24 months
Equity €53,046 (7.0% of total assets)
Sector: Specialised construction activities (NACE 43)
lowers risk
Size: total assets €754,141
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 12% of them on solvency, 7% on liquidity, 33% on profitability and 8% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,104 companies had the same profile as EDITECH ENGINEERING has now. Each dot stands for 3 companies, two years later.
94.2%
were still trading
3.6%
stopped another way
1.8%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of EDITECH ENGINEERING itself: 1.0% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,104 companies, not a prediction for EDITECH ENGINEERING. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.95 (0.99 in 2024), below 1. Short-term debt is 92.6% and cash 8.7% of total assets. 93% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 2463 sector peers (2025).
NBB · sector comparisonPosition among 2463 sector peers
Solvency
better than 10%
← 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 25-07-2026, 6 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
6 days early
2024
29 days late
2023
86 days late
2022
32 days late
2021
61 days late
2020
1 day late
2019
91 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 42 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 September (4 of the last 5 accounts filed within 38 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved from Tertre to Quiévrain
New registered office: Rue du Bruil, 22 B-7380 Quiévrain · Previous registered office: Rue de la Hamaide, 117 à 7332 Tertre · General meeting of 31-01-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0463012870
Appointment: POP Adrian-Atanasiu (director)
General meeting of 09-11-2025 · Gazette deed
Registered office moved from Saint-Ghislain to Tertre
New registered office: Rue de la Hamaide, 117 B-7333 Tertre · Previous registered office: Zone Artisanele de la Riviérette, 48 D à B-7330 Saint-Ghislain · General meeting of 25-03-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EDITECH ENGINEERING Quiévrain | €0.8m | €1.1m | 7.0% | 0 |
| C.G.E. Mons | €0.9m | €0.9m | 78.2% | 0 |
| IECH Hooglede | €0.8m | €0.5m | 40.1% | 0 |
| ARTILEK Lier | €0.7m | €0.6m | 5.2% | 0.5 |
| Vold Merchtem | €1.1m | €0.4m | 48.7% | 0 |
| NETWORK CABLING SOLUTIONS Waremme | €1.5m | €0.5m | 83.8% | 0 |
| CNS Technics Westerlo | €0.8m | €0.3m | 69.4% | 0 |
These companies have the same main activity as EDITECH ENGINEERING: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €690,000 and €1.5m, founded between 1978 and 2004.
Official details
Source: KBO- Status
- Active since 01-04-1998Normal situation
- Activity
- General electrical installation workNACE 43211
- Establishment unit
- 2.320.805.4697380 Quiévrain, since 30-08-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 09-12-2025
Annual accounts 2025
- €754,141▼ 19.6%
- Filing
- Filed on 25-07-2026, 6 days before the end of the filing period
Insights on EDITECH ENGINEERING
EDITECH ENGINEERING has existed since 1998. In 2021 the gross margin rose from €834 to €271,136. On 30 August 2021 a site was added.
Solvency fell in 2025 from 13.6% to 7.0% because of the loss.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about EDITECH ENGINEERING
- What is the company number of EDITECH ENGINEERING?
- The company number of EDITECH ENGINEERING is 0463.012.870. The VAT number is the same number with BE in front: BE 0463.012.870.
- Where is EDITECH ENGINEERING based?
- The registered office is at Rue du Bruil 22, 7380 Quiévrain.Company details
- What does EDITECH ENGINEERING do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of EDITECH ENGINEERING?
- EDITECH ENGINEERING is a private limited company (BV).
- When was EDITECH ENGINEERING founded?
- EDITECH ENGINEERING was founded on 01-04-1998.
- Is EDITECH ENGINEERING still active?
- Yes, EDITECH ENGINEERING is an active enterprise in the KBO register.
- How many employees does EDITECH ENGINEERING have?
- EDITECH ENGINEERING had an average of 16.9 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of EDITECH ENGINEERING?
- The turnover in financial year 2025 is ≈ €2.9m. This figure is estimated from the gross margin of €1.1m and 30 comparable companies (NACE 432). It probably lies between €2.4m and €3.6m.
- Is EDITECH ENGINEERING profitable?
- In financial year 2025, EDITECH ENGINEERING made a loss of €11,985.
- Where can I find the annual accounts of EDITECH ENGINEERING?
- EDITECH ENGINEERING filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of EDITECH ENGINEERING due?
- EDITECH ENGINEERING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.