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EQ Technics

Active
Private limited companyfounded 2024active for 2 yearsVerbindingstraat 24, 9160 Lokeren, BelgiumKBO/BCE: BE 1015.142.216
Summary

EQ Technics has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €49,079 and a net result of €48,079. Its solvency ranks better than 79% of 34,590 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Financials · financial year 2025, micro format

Equity
€49,079
Total assets
€66,765
Net result
€48,079
Working capital
€43,070

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €66,765
Fixed assets €6,010
Current assets €60,756
Equity and liabilities €66,765
Equity €49,079
Debt €17,686
Debt finances 26.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€61,016
Cash flow
€48,799
Current ratio
3.44
Debt to equity
0.36
ROE
98.0%
ROA
72.0%
Interest coverage
over 100
Debt ≤ 1 year
€17,686
Income taxes
€12,216

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 95.8% 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
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.3% 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 497,473 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% 1.0%
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 · 2025 · 31 lines
Balance sheet Code2025
Assets
Total assets20/58€66,765
Fixed assets21/28€6,010
Tangible fixed assets22/27€6,010
Plant, machinery and equipment23€3,693
Furniture and vehicles24€2,316
Current assets29/58€60,756
Amounts receivable within one year40/41€51,134
Trade receivables40€28,571
Other amounts receivable41€22,563
Cash at bank and in hand54/58€8,998
Deferred charges and accrued income490/1€624
Equity and liabilities
Total equity and liabilities10/49€66,765
Equity10/15€49,079
Contributions10/11€1,000
Profit (loss) carried forward14€48,079
Amounts payable17/49€17,686
Amounts payable within one year42/48€17,686
Trade debts44€51
Suppliers440/4€51
Taxes, remuneration and social security45€17,636
Taxes450/3€17,636
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€720
Gross operating margin9900€61,016
Operating profit (loss)9901€60,296
Financial charges65/66B€0
Recurring financial charges65€0
Profit (loss) for the period before taxes9903€60,296
Income taxes67/77€12,216
Profit (loss) for the period9904€48,079
Profit (loss) for the period to be appropriated9905€48,079
Appropriation of the result
Profit (loss) to be appropriated9906€48,079

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

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€720
Gross operating margin9900€61,016
Operating profit (loss)9901€60,296
Financial charges65/66B€0
Recurring financial charges65€0
Profit (loss) for the period before taxes9903€60,296
Income taxes67/77€12,216
Profit (loss) for the period9904€48,079
Profit (loss) for the period to be appropriated9905€48,079
Line2025
Assets
Total assets20/58€66,765
Fixed assets21/28€6,010
Tangible fixed assets22/27€6,010
Plant, machinery and equipment23€3,693
Furniture and vehicles24€2,316
Current assets29/58€60,756
Amounts receivable within one year40/41€51,134
Trade receivables40€28,571
Other amounts receivable41€22,563
Cash at bank and in hand54/58€8,998
Deferred charges and accrued income490/1€624
Equity and liabilities
Total equity and liabilities10/49€66,765
Equity10/15€49,079
Contributions10/11€1,000
Profit (loss) carried forward14€48,079
Amounts payable17/49€17,686
Amounts payable within one year42/48€17,686
Trade debts44€51
Suppliers440/4€51
Taxes, remuneration and social security45€17,636
Taxes450/3€17,636
Line2025
Profit (loss) for the period9904€48,079
+ Depreciation and write-downs630€720
Operating cash flow (approximation)€48,799

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
30-06-2025 micro format 30-01-2026 2026-00022714

Similar companies · same sector, comparable size

Of the 1,108 active companies whose main activity is electrical installation work in industrial facilities (NACE 43212), figures are known for 429. 361 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.