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Entrix

Active
Private limited companyfounded 2020active for 5 yearsMarkiesstraat 24, 9070 Destelbergen, BelgiumKBO/BCE: BE 0759.519.403
Summary

Entrix has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28,809 and a net result of -€6,594. Equity is growing by about 7.3% per year across the filed financial years. Its solvency ranks better than 53% of 34,789 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222
1 site
Size
≈ €4,300turnover 2025, estimated
Equity
€28,809
Loss
-€6,594
Turnover estimated from the gross margin
Financial health
68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
2025 accounts 4 days early1 of 2 deeds summarised
Why 68raises risk1 change of registered office in 24 monthsLoss of €6,594 (financial year 2025)Founded in 2020lowers riskLiquidity: current ratio 4.82, cash €30,087Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 51% of its sector peers (NACE 43, micro)
Financial strength · tick = 2025
Average
Solvency 74-2
equity 49.2% of total assets
Liquidity 94+47
short-term debt 20.2% · cash 51.3%
Profitability 5-65
return on assets -11.2%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,658 companies, NACE 43, micro)
Last 24 months 11-2024: 1.8% 12-2024: 1.7%▼ -0.1 percentage points vs 11-2024 01-2025: 0.6%▼ -1.1 percentage points vs 12-2024lowest value 02-2025: 0.6%● unchanged vs 01-2025lowest value 03-2025: 0.6%● unchanged vs 02-2025lowest value 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.7%▲ +0.1 percentage points vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 1.4%▲ +0.7 percentage points vs 12-2025 02-2026: 2.4%▲ +1.0 percentage point vs 01-2026highest value 03-2026: 1.8%▼ -0.6 percentage points vs 02-2026 04-2026: 1.8%● unchanged vs 03-2026 05-2026: 1.8%● unchanged vs 04-2026 06-2026: 1.8%● unchanged vs 05-2026 07-2026: 1.8%● unchanged vs 06-2026 08-2026: 0.8%▼ -1.0 percentage point vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity ample (current ratio 4.82, above the usual 1.5; short-term debt: 20.2% and cash: 51.3% of total assets), but 50.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 53% on solvency, 91% on liquidity and 10% on profitability.

The bankruptcy probability was computed on 28-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 4.82, cash €30,087
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Loss of €6,594 (financial year 2025)
NBB · annual accounts
raises risk · Founded in 2020
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
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 27-07-2026, 4 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
4 days early
2025
2 days early
2024
49 days early
2023
21 days early
2022
47 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 25 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Weakest financial yearnet -€6,594

Financials · financial year 2025, micro format

Turnover
≈ €4,300
Estimated: probably between €2,500 and €6,200
Total assets
€58,612▼ 15.7%
2025 · €69,498
Net result
-€6,594
2025 · €796
Working capital
€45,303▲ 18.3%
2025 · €38,279
Trend over the years

2022 to 2025, 5 financial years

Multiple financial year ends fall in the same calendar year; an annual trend is not displayed.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€6,453 2025 Net result-€6,594 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20222023202420252025
Operating result€22,486-€15,949▼ 29.1%€2,062▼ 87.1%€1,553▼ 24.7%-€6,453-
Net result€17,484within the sector's middle half-€10,127within the sector's middle half▼ 42.1%€996within the sector's middle half▼ 90.2%€796within the sector's middle half▼ 20.1%-€6,594below the sector's middle half-
Equity€23,484within the sector's middle half-€33,611within the sector's middle half▲ 43.1%€34,607within the sector's middle half▲ 3.0%€35,403within the sector's middle half▲ 2.3%€28,809within the sector's middle half-
Total assets€106,818within the sector's middle half-€99,936within the sector's middle half▼ 6.4%€59,901below the sector's middle half▼ 40.1%€69,498within the sector's middle half▲ 16.0%€58,612below the sector's middle half-
Debt€83,334-€66,324▼ 20.4%€25,294▼ 61.9%€34,096▲ 34.8%€29,803-
Working capital€6,567within the sector's middle half-€25,283within the sector's middle half▲ 285%€18,084within the sector's middle half▼ 28.5%€38,279within the sector's middle half▲ 112%€45,303within the sector's middle half-
Solvency22.0%below the sector's middle half-33.6%within the sector's middle half▲ 11.6pp57.8%within the sector's middle half▲ 24.1pp50.9%within the sector's middle half▼ 6.8pp49.2%within the sector's middle half-
Current ratio1.17within the sector's middle half-1.83within the sector's middle half▲ 0.662.16within the sector's middle half▲ 0.332.68within the sector's middle half▲ 0.524.82above the sector's middle half-
Return on assets (ROA)16.4%within the sector's middle half-10.1%within the sector's middle half▼ 6.2pp1.7%within the sector's middle half▼ 8.5pp1.1%within the sector's middle half▼ 0.5pp-11.2%below the sector's middle half-
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
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
2025 in colour, 2025 as the grey bar beneath
Assets €58,612
Fixed assets €1,443 ▼ 83.0%
Current assets €57,169 ▼ 6.3%
Equity and liabilities €58,612
Equity €28,809 ▼ 18.6%
Debt €29,803 ▼ 12.6%
Debt's share of the balance-sheet total rises from 49.1% to 50.8%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2025
EBITDA
-€334▼
2025 · €15,637
Cash flow
-€474▼
2025 · €14,879
Debt to equity
1.03▲
2025 · 0.96
ROE
-22.9%▼
2025 · 2.2%
Interest coverage
-1.96▼
2025 · 34.69
Debt ≤ 1 year
€11,867▼
2025 · €22,721
Debt > 1 year
€17,888▲
2025 · €11,334
Income taxes
€0▼
2025 · €366
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,591 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 87.4% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
3.0% went bankrupt
9.4% stopped otherwise
87.4% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,445 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 3,591 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 · 2025 against 2025 · 46 lines
Balance sheet Code20252025
Assets
Total assets20/58€69,498€58,612▼
Fixed assets21/28€8,499€1,443▼
Tangible fixed assets22/27€8,499€1,443▼
Plant, machinery and equipment23€854€0▼
Furniture and vehicles24€7,645€1,443▼
Current assets29/58€60,999€57,169▼
Stocks and contracts in progress3€46,509€0▼
Stocks30/36€46,509€0▼
Contracts in progress37€0-
Amounts receivable within one year40/41€7,034€26,846▲
Trade receivables40€2,533€25,362▲
Other amounts receivable41€4,501€1,484▼
Cash at bank and in hand54/58€6,339€30,087▲
Deferred charges and accrued income490/1€1,118€237▼
Equity and liabilities
Total equity and liabilities10/49€69,498€58,612▼
Equity10/15€35,403€28,809▼
Contributions10/11€6,000€6,000=
Reserves13€29,403€22,809▼
Distributable reserves133€29,403€22,809▼
Amounts payable17/49€34,096€29,803▼
Amounts payable after more than one year17€11,334€17,888▲
Financial debts170/4€11,334€17,888▲
Amounts payable within one year42/48€22,721€11,867▼
Current portion of amounts payable after more than one year42€9,909€1,469▼
Trade debts44€12,446€10,032▼
Suppliers440/4€12,446€10,032▼
Taxes, remuneration and social security45€366€366=
Taxes450/3€366€366=
Accrued charges and deferred income492/3€41€49▲
Income statement Code20252025
Non-recurring operating income76A€7,315€1,063▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,083€6,119▼
Other operating charges640/8€1,095€676▼
Gross operating margin9900€16,731€342▼
Operating profit (loss)9901€1,553-€6,453▼
Financial income75/76B€59€30▼
Recurring financial income75€59€30▼
Financial charges65/66B€451€171▼
Recurring financial charges65€451€171▼
Profit (loss) for the period before taxes9903€1,162-€6,594▼
Income taxes67/77€366€0▼
Profit (loss) for the period9904€796-€6,594▼
Profit (loss) for the period to be appropriated9905€796-€6,594▼
Appropriation of the result
Profit (loss) to be appropriated9906€796-€6,594▼
Transfer from equity791/2-€6,594
Transfer to equity691/2€796€0▼
To other reserves6921€796€0▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20222023202420252025Change
Non-recurring operating income76A---€7,315€1,063-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,663€18,088€18,088€14,083€6,119-
Other operating charges640/8€1,617€928€838€1,095€676-
Gross operating margin9900€35,767€34,965€20,988€16,731€342-
Operating profit (loss)9901€22,486€15,949€2,062€1,553-€6,453-
Financial income75/76B€24€9€85€59€30-
Recurring financial income75€24€9€85€59€30-
Financial charges65/66B€862€1,640€636€451€171-
Recurring financial charges65€862€1,640€636€451€171-
Profit (loss) for the period before taxes9903€21,648€14,318€1,511€1,162-€6,594-
Income taxes67/77€4,164€4,191€516€366€0-
Profit (loss) for the period9904€17,484€10,127€996€796-€6,594-
Profit (loss) for the period to be appropriated9905€17,484€10,127€996€796-€6,594-
Line20222023202420252025Change
Assets
Total assets20/58€106,818€99,936€59,901€69,498€58,612-
Fixed assets21/28€62,443€44,355€26,268€8,499€1,443-
Tangible fixed assets22/27€62,443€44,355€26,268€8,499€1,443-
Plant, machinery and equipment23€4,459€3,257€2,055€854€0-
Furniture and vehicles24€57,985€41,098€24,212€7,645€1,443-
Current assets29/58€44,375€55,580€33,634€60,999€57,169-
Stocks and contracts in progress3€6,784€3,521€10,683€46,509€0-
Stocks30/36€6,784€3,521€5,683€46,509€0-
Contracts in progress37--€5,000€0--
Amounts receivable within one year40/41€11,933€44,222€5,875€7,034€26,846-
Trade receivables40€3,273€36,382€3,070€2,533€25,362-
Other amounts receivable41€8,660€7,840€2,805€4,501€1,484-
Cash at bank and in hand54/58€24,479€6,486€11,745€6,339€30,087-
Deferred charges and accrued income490/1€1,180€1,351€5,331€1,118€237-
Equity and liabilities
Total equity and liabilities10/49€106,818€99,936€59,901€69,498€58,612-
Equity10/15€23,484€33,611€34,607€35,403€28,809-
Contributions10/11€6,000€6,000€6,000€6,000€6,000-
Reserves13€17,484€27,611€28,607€29,403€22,809-
Distributable reserves133€17,484€27,611€28,607€29,403€22,809-
Amounts payable17/49€83,334€66,324€25,294€34,096€29,803-
Amounts payable after more than one year17€45,156€35,137€9,684€11,334€17,888-
Financial debts170/4€45,156€35,137€9,684€11,334€17,888-
Amounts payable within one year42/48€37,808€30,298€15,549€22,721€11,867-
Current portion of amounts payable after more than one year42€11,055€12,907€10,655€9,909€1,469-
Trade debts44€23,959€12,300€4,393€12,446€10,032-
Suppliers440/4€23,959€12,300€4,393€12,446€10,032-
Taxes, remuneration and social security45€2,794€5,091€502€366€366-
Taxes450/3€694€5,091€502€366€366-
Remuneration and social security454/9€2,100-----
Accrued charges and deferred income492/3€370€890€61€41€49-
Line20222023202420252025Change
Profit (loss) for the period9904€17,484€10,127€996€796-€6,594-
+ Depreciation and write-downs630€11,663€18,088€18,088€14,083€6,119-
Operating cash flow (approximation)€29,147€28,215€19,083€14,879-€474-
Investment in fixed assets (approximation)-€0€0€3,685--
Change in cash--€17,993€5,259-€5,406--

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 (5)
Financial year Type Filed Reference
31-12-2025 micro format 27-07-2026 2026-00344066
30-06-2025 micro format 29-01-2026 2026-00027362
30-06-2024 micro format 13-12-2024 2024-00615926
30-06-2023 micro format 10-01-2024 2024-00001411
30-06-2022 micro format 15-12-2022 2022-20541953

Similar companies · same sector, comparable size

Of the 9,483 active companies whose main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222), figures are known for 5,759. 4,080 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.

Directors

Directors
No directors read yet: 1 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

Entrix was incorporated on 7 December 2020 as a private limited company.1 The registered office was moved to Destelbergen in 2025.2 Total assets fell from €106,818 in 2022 to €58,612 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 12-12-2025
  3. 3National Bank, annual accounts 2022 and 2025

Acts, filings and financial milestones

2026
27-07
NBB filing Annual accounts filed
financial year 2025 · micro format
29-01
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Weakest financial yearnet -€6,594
Net result drops to -€6,594, the lowest in the series.
12-12
Gazette deed Registered office
Amendment of the articles · Power of attorney · Registered-office move4 facts ▸
  • General meeting, 05-11-2025
  • Amendment of the articles
  • Power of attorney, Stefanie Mikolajczak
  • Registered-office move, 9070 Destelbergen, Markiessstraat 24
2024
13-12
NBB filing Annual accounts filed
financial year 2024 · micro format
10-01
NBB filing Annual accounts filed
financial year 2023 · micro format
2022
15-12
NBB filing Annual accounts filed
financial year 2022 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded07-12-2020
Financial year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43211General electrical installation work
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0759519403
Also 9925:BE0759519403
Registered 19-10-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0759.519.403

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Destelbergen · 1 establishment unit since 2020
registered office establishment The establishment unit on the map
Ground area
416 m²
Building footprint
93 m²
Building volume
541 m³
Parcel 44013A0112/00N004, Flanders · tallest building 10.0 m. Linked by address, not a title deed.
1 establishment unit
Entrix
Markiesstraat 24, 9070 DestelbergenInstallation of electric heating, air conditioning, cooling and ventilation
since 2020unit no. 2.311.175.151
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
44013A0112/00N004 Flanders 416 m² 1 · 93 m² 10.0 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Second Tuesday of June at 16:00
Other provisionsOther rules from the articles that fall under none of the themes above.
1 more provision in the deed, see the deed of 12-12-2025

Read from the deeds: 2 provisions, deed of 12-12-2025