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EURO TECHNO CONSTRUCT

Active
Private limited company (pre-2019)founded 201115 yrs activeKoning Albertlaan 150, 1082 Sint-Agatha-Berchem, BelgiumKBO/BCE: BE 0837.331.417
Summary

The computed 12-month bankruptcy probability of EURO TECHNO CONSTRUCT is 1.7% (moderate). The 2024 annual accounts show equity of €36,464 and a net result of €174. Equity is growing by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 38% of 9974 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability38▼-13
Solvency56▼-6
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.45 against 1.58 in 2023; short-term debt: 68.8% of total assets), and 68.8% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 15 years 0 20 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
31.2%
Return on assets
0.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
41 d early
2023
54 d early
2022
41 d early
2021
40 d early
2020
43 d early
2019
36 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 43 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

EURO TECHNO CONSTRUCT was incorporated on 28 June 2011.1 Total assets rose from EUR 46,188 in 2018 to EUR 116,912 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€174▼ 96.7%
2023 · €5,202
Working capital
€36,464▲ 0.5%
2023 · €36,290
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€4,211▲ 17.5%€3,392▼ 19.4%€7,641▲ 125%€9,321▲ 22.0%€3,566▼ 61.7%
Net result€749within the sector's middle half▲ 109%€513below the sector's middle half▼ 31.5%€3,720within the sector's middle half▲ 625%€5,202within the sector's middle half▲ 39.8%€174within the sector's middle half▼ 96.7%
Equity€26,855below the sector's middle half▲ 2.9%€27,368below the sector's middle half▲ 1.9%€31,088within the sector's middle half▲ 13.6%€36,290within the sector's middle half▲ 16.7%€36,464within the sector's middle half▲ 0.5%
Total assets€45,447below the sector's middle half▼ 14.2%€63,883below the sector's middle half▲ 40.6%€106,849within the sector's middle half▲ 67.3%€98,411within the sector's middle half▼ 7.9%€116,912within the sector's middle half▲ 18.8%
Debt€18,592▼ 30.7%€36,515▲ 96.4%€75,761▲ 107%€62,121▼ 18.0%€80,448▲ 29.5%
Working capital€26,855▲ 4.3%€27,368▲ 1.9%€31,088▲ 13.6%€36,290▲ 16.7%€36,464▲ 0.5%
Solvency59.1%above the sector's middle half▲ 9.8pp42.8%within the sector's middle half▼ 16.2pp29.1%within the sector's middle half▼ 13.7pp36.9%within the sector's middle half▲ 7.8pp31.2%within the sector's middle half▼ 5.7pp
above within below the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€2,500€5,000€7,500€10,000Operating result 2020: €4,211€4,211Net result 2020: €749€749Operating result 2021: €3,392€3,392Net result 2021: €513€513Operating result 2022: €7,641€7,641Net result 2022: €3,720€3,720Operating result 2023: €9,321€9,321Net result 2023: €5,202€5,202Operating result 2024: €3,566€3,566Net result 2024: €174€17420202021202220232024€0€2,500€5,000€7,500€10,000Operating result 2022: €7,641€7,640Net result 2022: €3,720€3,720Operating result 2023: €9,321€9,320Net result 2023: €5,202€5,200Operating result 2024: €3,566€3,570Net result 2024: €174€174202220232024
The operating result falls in 2024; 2024 is 62% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €116,912
Equity €36,464 ▲ 0.5%
Debt €80,448 ▲ 29.5%
Debt's share of the balance-sheet total rises from 63.1% to 68.8%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
Current ratio
1.45▼
2023 · 1.58
Debt to equity
2.21▲
2023 · 1.71
ROE
0.5%▼
2023 · 14.3%
ROA
0.1%▼
2023 · 5.3%
Debt ≤ 1 year
€80,448▲
2023 · €62,121
Income taxes
€698▼
2023 · €1,433
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 10,891 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.6% went bankrupt
4.0% stopped otherwise
95% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.7% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 10,891 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 against 2023 · 32 lines
Balance sheet Code20232024
Assets
Total assets20/58€98,411€116,912▲
Current assets29/58€98,411€116,912▲
Amounts receivable within one year40/41€98,411€116,912▲
Trade receivables40€41,868€75,137▲
Other amounts receivable41€56,543€41,775▼
Equity and liabilities
Total equity and liabilities10/49€98,411€116,912▲
Equity10/15€36,290€36,464▲
Contributions10/11€6,200€6,200=
Reserves13€995€995=
Distributable reserves133€995€995=
Profit (loss) carried forward14€29,095€29,269▲
Amounts payable17/49€62,121€80,448▲
Amounts payable within one year42/48€62,121€80,448▲
Financial debts43€15,736€17,807▲
Credit institutions430/8€15,736€17,807▲
Trade debts44€43,547€60,510▲
Suppliers440/4€43,547€60,510▲
Taxes, remuneration and social security45€2,838€2,131▼
Taxes450/3€2,838€2,131▼
Income statement Code20232024
Other operating charges640/8€106€1,750▲
Gross operating margin9900€9,427€5,316▼
Operating profit (loss)9901€9,321€3,566▼
Financial income75/76B€5€200▲
Recurring financial income75€5€200▲
Financial charges65/66B€2,691€2,894▲
Recurring financial charges65€2,691€2,894▲
Profit (loss) for the period before taxes9903€6,635€872▼
Income taxes67/77€1,433€698▼
Profit (loss) for the period9904€5,202€174▼
Profit (loss) for the period to be appropriated9905€5,202€174▼
Appropriation of the result
Profit (loss) to be appropriated9906€29,095€29,269▲
Profit (loss) brought forward from the previous period14P€23,893€29,095▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€359-----
Other operating charges640/8-€554€2,139€106€1,750▲ 1,551%
Gross operating margin9900€4,904€3,946€9,780€9,427€5,316▼ 43.6%
Operating profit (loss)9901€4,211€3,392€7,641€9,321€3,566▼ 61.7%
Financial income75/76B---€5€200▲ 3,900%
Recurring financial income75€20--€5€200▲ 3,900%
Financial charges65/66B-€3,065€2,515€2,691€2,894▲ 7.5%
Recurring financial charges65€3,278€3,065€2,515€2,691€2,894▲ 7.5%
Profit (loss) for the period before taxes9903€953€327€5,126€6,635€872▼ 86.9%
Income taxes67/77€204-€186€1,406€1,433€698▼ 51.3%
Profit (loss) for the period9904€749€513€3,720€5,202€174▼ 96.7%
Profit (loss) for the period to be appropriated9905€749€513€3,720€5,202€174▼ 96.7%
Line20202021202220232024Change
Assets
Total assets20/58€45,447€63,883€106,849€98,411€116,912▲ 18.8%
Current assets29/58€45,447€63,883€106,849€98,411€116,912▲ 18.8%
Amounts receivable within one year40/41€45,447€63,494€106,849€98,411€116,912▲ 18.8%
Trade receivables40-€38,229€51,823€41,868€75,137▲ 79.5%
Other amounts receivable41-€25,265€55,026€56,543€41,775▼ 26.1%
Deferred charges and accrued income490/1-€389----
Equity and liabilities
Total equity and liabilities10/49€45,447€63,883€106,849€98,411€116,912▲ 18.8%
Equity10/15€26,855€27,368€31,088€36,290€36,464▲ 0.5%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Capital10-€6,200----
Issued capital100-€18,600----
Uncalled capital101-€12,400----
Reserves13€995€995€995€995€995=
Non-distributable reserves130/1-€995€995---
Reserves not available under the articles1311-€995€995---
Distributable reserves133---€995€995=
Profit (loss) carried forward14€19,660€20,173€23,893€29,095€29,269▲ 0.6%
Amounts payable17/49€18,592€36,515€75,761€62,121€80,448▲ 29.5%
Amounts payable within one year42/48€18,592€36,515€75,761€62,121€80,448▲ 29.5%
Financial debts43-€15,595€12,800€15,736€17,807▲ 13.2%
Credit institutions430/8-€15,595€12,800€15,736€17,807▲ 13.2%
Trade debts44€6,659€20,531€61,370€43,547€60,510▲ 39.0%
Suppliers440/4-€20,531€61,370€43,547€60,510▲ 39.0%
Taxes, remuneration and social security45-€389€1,591€2,838€2,131▼ 24.9%
Taxes450/3-€389€1,591€2,838€2,131▼ 24.9%
Line20202021202220232024Change
Profit (loss) for the period9904€749€513€3,720€5,202€174▼ 96.7%
+ Depreciation and write-downs630€359-----
Operating cash flow (approximation)€1,108€513€3,720€5,202€174▼ 96.7%

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

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Timeline · acts, filings and financial milestones

2025
20-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €174 ▼96.7%
Net result drops to €174, the lowest in the series.
07-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2018net €5,202 ▲39.8%
Operating result €9,321, net result €5,202, both a record.
20-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
21-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
18-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
25-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
01-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
11-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
12-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
30-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
5 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, Sint-Agatha-Berchem · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
136 m²
Building footprint
74 m²
Volume, LiDAR
697 m³
Parcel 21003A0277/00M006, Brussels · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Koning Albertlaan 150, 1082 Sint-Agatha-Berchem
Other cleaning activities
since 20112.202.612.058
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21003A0277/00M006 Brussels 136 m² 1 · 74 m² 12.4 m · 3 fl.
Linked by address, not proof of ownership
Good to know
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

Of 29,787 companies in sector 41001 we hold annual accounts for 16,052. 12,741 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded28-06-2011
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41003General construction of other non-residential buildings
E-invoicing
Reachable via Peppol
Peppol ID 0208:0837331417
Registered 15-05-2026

Register as of 27 September 2026 · Peppol Directory

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