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EH TECH

Active
Private limited companyfounded 2023active for 3 yearsAbsveldstraat(BOR) 34, 2880 Bornem, BelgiumKBO/BCE: BE 0801.726.873
Summary

The computed 12-month bankruptcy probability of EH TECH is 9.9% (elevated). The 2024 annual accounts show equity of €76,025 and a net result of €73,025. Its solvency ranks better than 83% of 35,974 sector peers (NACE 43, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2024 annual accounts filed late (89 days) Filed on 28 October 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00550140.

Turnover
≈ €300,000
Estimated: probably between €210,000 and €380,000
Total assets
€98,269
Net result
€73,025
Working capital
€76,025

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Equity and liabilities €98,269
Equity €76,025
Debt €22,245
Debt finances 22.6% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€97,654
Cash flow
€73,266
Current ratio
4.42
Debt to equity
0.29
ROE
96.1%
ROA
74.3%
Interest coverage
15.92
Debt ≤ 1 year
€22,245
Income taxes
€18,256
Staff costs
€2,088

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% still going

For this company itself Checked computes a higher bankruptcy probability: 9.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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
Filed annual accounts As filed with the NBB · 2024 · 35 lines
Balance sheet Code2024
Assets
Total assets20/58€98,269
Current assets29/58€98,269
Amounts receivable after more than one year29€73,869
Other amounts receivable291€73,869
Amounts receivable within one year40/41€20,889
Trade receivables40€19,342
Other amounts receivable41€1,547
Cash at bank and in hand54/58€432
Deferred charges and accrued income490/1€3,078
Equity and liabilities
Total equity and liabilities10/49€98,269
Equity10/15€76,025
Contributions10/11€3,000
Profit (loss) carried forward14€73,025
Amounts payable17/49€22,245
Amounts payable within one year42/48€22,245
Trade debts44€2,745
Suppliers440/4€2,745
Taxes, remuneration and social security45€19,499
Taxes450/3€18,256
Remuneration and social security454/9€1,243
Income statement Code2024
Non-recurring operating income76A€4,456
Remuneration, social security and pensions62€2,088
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€241
Other operating charges640/8€4,599
Gross operating margin9900€104,341
Operating profit (loss)9901€97,413
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€6,133
Recurring financial charges65€6,133
Profit (loss) for the period before taxes9903€91,281
Income taxes67/77€18,256
Profit (loss) for the period9904€73,025
Profit (loss) for the period to be appropriated9905€73,025
Appropriation of the result
Profit (loss) to be appropriated9906€73,025

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Non-recurring operating income76A€4,456
Remuneration, social security and pensions62€2,088
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€241
Other operating charges640/8€4,599
Gross operating margin9900€104,341
Operating profit (loss)9901€97,413
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€6,133
Recurring financial charges65€6,133
Profit (loss) for the period before taxes9903€91,281
Income taxes67/77€18,256
Profit (loss) for the period9904€73,025
Profit (loss) for the period to be appropriated9905€73,025
Line2024
Assets
Total assets20/58€98,269
Current assets29/58€98,269
Amounts receivable after more than one year29€73,869
Other amounts receivable291€73,869
Amounts receivable within one year40/41€20,889
Trade receivables40€19,342
Other amounts receivable41€1,547
Cash at bank and in hand54/58€432
Deferred charges and accrued income490/1€3,078
Equity and liabilities
Total equity and liabilities10/49€98,269
Equity10/15€76,025
Contributions10/11€3,000
Profit (loss) carried forward14€73,025
Amounts payable17/49€22,245
Amounts payable within one year42/48€22,245
Trade debts44€2,745
Suppliers440/4€2,745
Taxes, remuneration and social security45€19,499
Taxes450/3€18,256
Remuneration and social security454/9€1,243
Line2024
Profit (loss) for the period9904€73,025
+ Depreciation and write-downs630€241
Operating cash flow (approximation)€73,266

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2024 micro format 28-10-2025 2025-00550140

Similar companies · same sector, comparable size

Of the 22,641 active companies whose main activity is general electrical installation work (NACE 43211), figures are known for 10,538. 8,950 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.