Liquidity
10.41 was 2.75 in 2023
Short-term debts fell from €44,610 to €7,675.
EZTECH
Lifetime
5 annual accounts with figures on one time axispeak €59,986 (2021)
-€4,659▼ €19,684
lowest -€6,524 (2024)
-€6,524▼ €15,631
peak €78,976 (2023)
€72,452▼ 8.3%
€7,675▼ 82.8%
Board3 names since 2020
1 director
Documentsfilings and deeds
21-10-202582 days late
2024micro format
Gross margin from €15,025 to -€4,659Loss of €6,524Registered office moved to Ghent 17-07Debts from €44,610 to €7,675
Key points
from the 2024 annual accountsFilings
5 annual accounts 104 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
90.4%
Higher solvency than 94% of companies in specialised construction. Sector median 46.6% · 36,050 companies.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,440 companies had the same profile as EZTECH has now. Each dot stands for 9 companies, two years later.
90.1%
were still trading
7.4%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,440 companies, not a prediction for EZTECH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director
- 70 sharesdeed of 31-01-2020
- 20 sharesdeed of 31-01-2020
- 10 sharesdeed of 31-01-2020
Recent changes
Company renamed from Resul Market to EZTECH
Resignation: (director) · Appointment: (director) · “Omzetten van analoge meter(elektriciteit,gas,water)naar digitale meter; De elementen van de elektrische of…” (deed in Dutch) · General meeting of 26-03-2025 · Gazette deed
Registered office moved to Ghent
New registered office: Bevrijdingslaan 215 te 9000 GENT · General meeting of 25-03-2024 · Gazette deed
Resignation: (director)
Appointment: (director) · Gazette deed
Purpose change
“Aankoop en verkoop van motorvoertuigen; Transport,takelen en herstellingen” (deed in Dutch) · General meeting of 21-01-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EZTECH Ghent | €80,126 | -€4,659 | 90.4% | - |
| B&B Technics Temse | €82,815 | -€9,249 | 39.8% | - |
| KDH TECHNICS Beveren-Kruibeke-Zwijndrecht | €77,265 | -€3,757 | 70.8% | - |
| V&G Projects Kampenhout | €79,373 | -€15,670 | 4.2% | - |
| INGELEC ELECTROSUN Braine-l'Alleud | €84,137 | -€1,737 | 98.9% | 0 |
| ELEKTRO SNEYERS Lummen | €71,824 | -€3,616 | 25.8% | - |
| TD System Lanaken | €88,017 | -€9,702 | -39.7% | - |
These companies have the same main activity as EZTECH: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €71,800 and €88,000, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 29-01-2020Normal situation
- Activity
- General electrical installation workNACE 43211and 1 other
- Establishment unit
- 2.299.383.5159000 Ghent, since 29-01-2020
- Financial year end
- 31 December
- Peppol
- Reachable
Insights on EZTECH
EZTECH files the micro format. That format states no turnover. The gross margin fell from €3,724 in 2020 to -€4,659 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about EZTECH
- What is the company number of EZTECH?
- The company number of EZTECH is 0742.674.164. The VAT number is the same number with BE in front: BE 0742.674.164.
- Where is EZTECH based?
- The registered office is at Bevrijdingslaan 215, 9000 Ghent.Company details
- What does EZTECH do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of EZTECH?
- EZTECH is a private limited company (BV).
- When was EZTECH founded?
- EZTECH was founded on 29-01-2020.
- Is EZTECH still active?
- Yes, EZTECH is an active enterprise in the KBO register.
- What is the turnover of EZTECH?
- The annual accounts for financial year 2024 state no turnover. The micro format does not require it.Financials
- Is EZTECH profitable?
- In financial year 2024, EZTECH made a loss of €6,524.
- Where can I find the annual accounts of EZTECH?
- EZTECH filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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