ENETECH
ActiveENETECH has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €175k and a net result of €59k. Equity is growing by ~42.9% per year across the filed fiscal years. Its solvency ranks better than 31% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+7
Solvency55▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity tight (current ratio 1.19 against 1.51 in 2024; short-term debt: 18.3% and cash: 0% of total assets), and 70.2% of the assets are financed with debt.
Credit advice for your own amount and term
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
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
29.8%
Return on assets
10.1%
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 31-08-2026, 31 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 · 9 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
31 d late
2022
31 d late
2021
31 d early
2020
31 d late
2019
68 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€486k
EBIT margin
8.9%
Net result
€59k▲ 113%
2024 · €28k
2018: €17k
2019: €41k
2020: €28k
2021: €9k
2022: €31k
2023: €139k
2024: €28k
2018 → 2025
Working capital
€21k▼ 60.5%
2024 · €52k
2018: €5k
2019: €25k
2020: €22k
2021: €21k
2022: €47k
2023: €88k
2024: €52k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€75k-€106k▲ 42.2%€245k▲ 131%€226k▼ 7.6%€175k▼ 22.5%
Operating result€5k-€33k▲ 544%€175k▲ 436%€61k▼ 65.3%€101k▲ 66.3%
Net result€9k-€31k▲ 235%€139k▲ 341%€28k▼ 80.0%€59k▲ 113%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 66% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €587k
Fixed assets
€459k▼ 10.9%
Current assets
€128k▼ 17.9%
Equity and liabilities €587k
Equity
€175k▼ 22.5%
Debt
€412k▼ 7.5%
The debt ratio rises from 66.3% to 70.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€164k▲
2024 · €127k
Cash flow
€122k▲
2024 · €94k
Solvency
29.8%▼
2024 · 33.7%
Current ratio
1.19▼
2024 · 1.51
Quick ratio
1.11▼
2024 · 1.12
Debt / equity
2.35▲
2024 · 1.97
ROE
33.7%▲
2024 · 12.3%
ROA
10.1%▲
2024 · 4.1%
Interest coverage
9.88▲
2024 · 7.72
Debt
€412k▼
2024 · €445k
Debt ≤ 1 year
€107k▲
2024 · €104k
Debt > 1 year
€305k▼
2024 · €342k
Income taxes
€29k▲
2024 · €20k
Staff costs
€1k▼
2024 · €45k
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€672k€587k▼
Fixed assets21/28€516k€459k▼
Tangible fixed assets22/27€516k€459k▼
Land and buildings22€386k€373k▼
Plant, machinery and equipment23€12k€9k▼
Furniture and vehicles24€87k€50k▼
Other tangible fixed assets26€30k€27k▼
Current assets29/58€156k€128k▼
Stocks and contracts in progress3€40k€9k▼
Stocks30/36€21k€9k▼
Contracts in progress37€20k€0▼
Amounts receivable within one year40/41€74k€110k▲
Trade receivables40€13k€72k▲
Other amounts receivable41€61k€38k▼
Cash at bank and in hand54/58€37k€0▼
Deferred charges and accrued income490/1€5k€9k▲
Equity and liabilities
Total equity and liabilities10/49€672k€587k▼
Equity10/15€226k€175k▼
Contributions10/11€19k€19k=
Reserves13€18k€18k=
Distributable reserves133€18k€18k=
Profit (loss) carried forward14€189k€138k▼
Amounts payable17/49€445k€412k▼
Amounts payable after more than one year17€342k€305k▼
Financial debts170/4€342k€305k▼
Amounts payable within one year42/48€104k€107k▲
Current portion of amounts payable after more than one year42€46k€37k▼
Financial debts43-€4k
Credit institutions430/8-€4k
Trade debts44€37k€62k▲
Suppliers440/4€37k€62k▲
Taxes, remuneration and social security45€21k€4k▼
Taxes450/3€17k€4k▼
Remuneration and social security454/9€3k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€45k€1k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€66k€63k▼
Other operating charges640/8€3k€4k▲
Gross operating margin9900€176k€169k▼
Operating profit (loss)9901€61k€101k▲
Financial income75/76B€4k€4k▼
Recurring financial income75€4k€4k▼
Financial charges65/66B€16k€17k▲
Recurring financial charges65€16k€17k▲
Profit (loss) for the period before taxes9903€48k€88k▲
Income taxes67/77€20k€29k▲
Profit (loss) for the period9904€28k€59k▲
Profit (loss) for the period to be appropriated9905€28k€59k▲
Appropriation of the result
Profit (loss) to be appropriated9906€248k€248k▲
Profit (loss) brought forward from the previous period14P€220k€189k▼
Profit to be distributed694/7€59k€110k▲
Return on contributions (dividend)694€59k€110k▲
The notes to these accounts (15 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Highest result since 2018net €139k ▲341%
Operating result €175k, net result €139k, both a record.
31-12
Financial
Equity above €200kEq €245k ▲131%
6 profitable years in a row build equity to €245k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Equity above €100kEq €106k ▲42.2%
5 profitable years in a row build equity to €106k.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €9k ▼66.6%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Kruisem · 1 establishment unit since 2018
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.
Sterrestraat 49770 KruisemGround area
2,026 m²
Building footprint
254 m²
Volume, LiDAR
1,194 m³
Parcel 45017D1314/00B000, Flanders · tallest building 8.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ENETECH
since 20182.288.946.810
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45017D1314/00B000 | Flanders | 2,026 m² | 1 · 254 m² | 8.0 m · 1 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 569 EUR awarded · 569 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 569 EUR | 569 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,447 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-12-2017
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:hans@enetech.be
Phone:0032477400260