EGS TECHNIC
ActiveThe computed 12-month bankruptcy probability of EGS TECHNIC is 3.5% (moderate). The 2025 annual accounts show equity of €44k and a net result of €1k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 48% of 27676 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
45
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability40▼-20
Solvency71▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.67 against 1.65 in 2024; short-term debt: 53.8% and cash: 4% of total assets), but 54.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
Sector 43
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 2025Solvency, return and age of the figures
Solvency
45.6%
Return on assets
1.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 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 · 6 filingsDeviation from the deadline
2025
21 d late
2024
21 d late
2023
61 d late
2022
11 d late
2021
9 d late
2020
23 d late
← 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 monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€44k▲ 2.8%
2024 · €43k
2020: €22k
2021: €44k
2022: €63k
2023: €42k
2024: €43k
2020 → 2025
Total assets
€96k▼ 3.4%
2024 · €99k
2020: €59k
2021: €86k
2022: €84k
2023: €94k
2024: €99k
2020 → 2025
Net result
€1k▲ 99.1%
2024 · €608
2020: €16k
2021: €22k
2022: €19k
2023: €-21k
2024: €608
2020 → 2025
Working capital
€35k▲ 5.3%
2024 · €33k
2020: €46k
2021: €39k
2022: €52k
2023: €36k
2024: €33k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€44k-€63k▲ 43.3%€42k▼ 33.5%€43k▲ 1.4%€44k▲ 2.8%
Operating result€27k-€23k▼ 15.1%€-18k€9k€5k▼ 39.1%
Net result€22k-€19k▼ 12.5%€-21k€608€1k▲ 99.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 39% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €96k
Fixed assets
€10k▼ 37.2%
Current assets
€86k▲ 2.7%
Equity and liabilities €96k
Equity
€44k▲ 2.8%
Debt
€52k▼ 8.1%
The debt ratio falls from 57.1% to 54.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€9k▼
2024 · €16k
Cash flow
€5k▼
2024 · €8k
Solvency
45.6%▲
2024 · 42.9%
Current ratio
1.67▲
2024 · 1.65
Quick ratio
1.67▲
2024 · 1.65
Debt / equity
1.19▼
2024 · 1.33
ROE
2.8%▲
2024 · 1.4%
ROA
1.3%▲
2024 · 0.6%
Interest coverage
2.38▼
2024 · 4.80
Debt
€52k▼
2024 · €57k
Debt ≤ 1 year
€52k▲
2024 · €51k
Debt > 1 year
€522▼
2024 · €6k
Income taxes
€2k▼
2024 · €6k
Staff costs
€66k▲
2024 · €56k
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€99k€96k▼
Fixed assets21/28€15k€10k▼
Tangible fixed assets22/27€15k€9k▼
Furniture and vehicles24€15k€9k▼
Financial fixed assets28€350€350=
Current assets29/58€84k€86k▲
Amounts receivable after more than one year29€39k€50k▲
Other amounts receivable291€39k€50k▲
Amounts receivable within one year40/41€30k€21k▼
Trade receivables40€25k€15k▼
Other amounts receivable41€6k€6k▲
Cash at bank and in hand54/58-€4k
Deferred charges and accrued income490/1€15k€11k▼
Equity and liabilities
Total equity and liabilities10/49€99k€96k▼
Equity10/15€43k€44k▲
Contributions10/11€6k€6k=
Reserves13€600€600=
Non-distributable reserves130/1€600€600=
Reserves not available under the articles1311€600€600=
Profit (loss) carried forward14€36k€37k▲
Amounts payable17/49€57k€52k▼
Amounts payable after more than one year17€6k€522▼
Financial debts170/4€6k€522▼
Amounts payable within one year42/48€51k€52k▲
Current portion of amounts payable after more than one year42€7k€34k▲
Financial debts43€33k€7k▼
Credit institutions430/8€5k€7k▲
Other loans439€29k€0▼
Trade debts44€11k€5k▼
Suppliers440/4€11k€5k▼
Taxes, remuneration and social security45€159€6k▲
Taxes450/3-€2k
Remuneration and social security454/9€159€5k▲
Income statement
Code20242025
Remuneration, social security and pensions62€56k€66k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€4k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€0=
Other operating charges640/8€3k€2k▼
Gross operating margin9900€75k€78k▲
Operating profit (loss)9901€9k€5k▼
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€7k€3k▼
Income taxes67/77€6k€2k▼
Profit (loss) for the period9904€608€1k▲
Profit (loss) for the period to be appropriated9905€608€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€36k€37k▲
Profit (loss) brought forward from the previous period14P€35k€36k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
31-12
Financial
Back to profitnet €608
Net result €608 after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet €-21k ▼211%
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
31-12
Financial
Highest result since 2020net €22k ▲33.8%
Operating result €27k, net result €22k, both a record.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Ganshoren · 1 establishment unit since 2020
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.
Keuredreef 81083 GanshorenGround area
235 m²
Building footprint
98 m²
Volume, LiDAR
546 m³
Parcel 21008A0294/00V000, Brussels · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EGS TECHNIC
since 20202.300.673.912
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21008A0294/00V000 | Brussels | 234 m² | 1 · 98 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
PASCAL DEFERME
BE 0841.195.183
Heusden-Zolder · Eq €44k
BORRE TECHNICS
BE 0668.370.283
Bekkevoort · Eq €44k
SAN-CV-SOLAR HOORNAERT
BE 0757.523.577
Harelbeke · Eq €44k
Belgian Innovation Group
BE 0471.668.042
Bekkevoort · Eq €43k
Electrical Panel Service
BE 1013.264.077
Balen · Eq €43k
Of 1,123 companies in sector 43212 we hold annual accounts for 420. 348 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-02-2020
Fiscal year end31-12
Activities, NACEBEL
43212Electrical installation work in industrial facilities
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.