Equity
Equity rose in 2025 from €224,216 to €348,239.
Equity rose in 2025 from €224,216 to €348,239.
The micro format states no turnover.
Of this, €555,082 falls due within a year.
Latest accounts filed late: after the legal deadline.
Higher net result than 95% of companies in specialised construction. Sector median €10,189 · 35,113 companies.
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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). It does better than 29% of them on solvency, 34% on liquidity, 61% on profitability and 84% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 1,602 companies had the same profile as F&C TECHNICS has now. Each dot stands for 5 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of F&C TECHNICS itself: 0.7% within 12 months.
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 1,602 companies, not a prediction for F&C TECHNICS. 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.
Liquidity is insufficient, with a current ratio of 0.96 (0.62 in 2024), below 1. Short-term debt is 44.2% and cash 12.5% of total assets. 72.3% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 3 accounts on average 50 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| F&C TECHNICS Machelen (Brab.) | €1.3m | €1.8m | 27.7% | - |
| CIGAL Harelbeke | €1.4m | €1.3m | 89.3% | - |
| Bowers Gistel | €1.5m | €1.6m | 17.8% | 18.9 |
| Kooi Security België Temse | €1.6m | €1.4m | 80.3% | 7.3 |
| Scenario Uccle | €1.8m | €1.6m | 26.4% | 25.8 |
| SUNTRONICS CLIMA Ledegem | €2.0m | €1.7m | 26.7% | 18.9 |
| ELEKTRO HIMPE Waregem | €1.0m | €1.1m | 44.4% | 10.3 |
These companies have the same main activity as F&C TECHNICS: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €1m and €2m, founded between 2022 and 2023.
F&C TECHNICS files the micro format. That format states no turnover. The gross margin rose from €516,735 in 2023 to €1.8m in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €5.0m. Estimated: probably between €4.1m and €6.3m.
Higher than 29% of 35,125 companies in 2025.
Higher than 20% of 34,499 companies in 2025.
Higher than 58% of 34,700 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
1.3m | 1.2m | 498,847 | |
21/28 |
721,816 | 800,990 | 282,932 | |
22/27 |
705,471 | 800,790 | 282,732 | |
23 |
36,151 | 137,450 | 99,565 | |
24 |
146,846 | 157,462 | 50,347 | |
25 |
522,475 | 505,879 | 132,819 | |
28 |
16,345 | 200 | 200 | |
29/58 |
535,225 | 376,574 | 215,916 | |
40/41 |
378,697 | 345,654 | 147,825 | |
40 |
258,380 | 159,621 | 66,090 | |
41 |
120,316 | 186,033 | 81,735 | |
54/58 |
156,528 | 30,920 | 68,090 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
1.3m | 1.2m | 498,847 | |
10/15 |
348,239 | 224,216 | 94,846 | |
10/11 |
30,000 | 30,000 | 30,000 | |
14 |
318,239 | 194,216 | 64,846 | |
17/49 |
908,802 | 953,348 | 404,001 | |
17 |
353,720 | 348,174 | 87,878 | |
170/4 |
353,720 | 348,174 | 87,878 | |
42/48 |
555,082 | 605,174 | 316,124 | |
42 |
117,718 | 102,164 | 23,512 | |
44 |
336,455 | 330,890 | 228,257 | |
440/4 |
336,455 | 330,890 | 228,257 | |
45 |
100,909 | 172,120 | 61,007 | |
450/3 |
100,899 | 75,342 | 20,452 | |
454/9 |
10 | 96,778 | 40,556 | |
47/48 |
- | - | 3,348 | |
| Income statement | ||||
9900 |
1.8m | 1.3m | 516,735 | |
62 |
1.4m | 911,296 | 395,010 | |
630 |
216,736 | 155,652 | 18,416 | |
640/8 |
13,760 | 8,876 | 1,431 | |
9901 |
164,241 | 273,319 | 101,877 | |
75/76B |
0 | - | - | |
75 |
0 | - | - | |
65/66B |
27,204 | 106,223 | 37,032 | |
65 |
27,204 | 106,223 | 37,032 | |
9903 |
137,037 | 167,096 | 64,846 | |
67/77 |
13,014 | 37,725 | - | |
9904 |
124,023 | 129,371 | 64,846 | |
9905 |
124,023 | 129,371 | 64,846 | |
| Appropriation of the result | ||||
9906 |
318,239 | 194,216 | 64,846 | |
14P |
194,216 | 64,846 | - | |
| Social balance sheet | ||||
9087 |
- | 20.5 | 10.1 | |
Hours worked1013 |
- | 25,472 | 12,120 | |
| Document | ||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-09-2026.
2025 annual accounts filed 61 days after the deadline. Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00536024.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 380,977 | 428,971 | 120,294 | ||
| 340,759 | 285,023 | 83,262 | ||
| 199,121 | 675,708 | 301,348 | ||
| 125,608 | -37,170 | - | ||
| -19,858 | -228,600 | -100,208 | ||
| 27.7% | 19.0% | 19.0% | ||
| 0.96 | 0.62 | 0.68 | ||
| 2.61 | 4.25 | 4.26 | ||
| 35.6% | 57.7% | 68.4% | ||
| 9.9% | 11.0% | 13.0% | ||
| 14.00 | 4.04 | 3.25 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2024 | 31-12-2023 |
|---|---|---|
| Employees at the balance-sheet date | 24 | 15 |
| full-time | 24 | 15 |
| part-time | 0 | 0 |
| in full-time equivalents | 24 | 15 |
| 20.3 | 10 | |
| On a permanent contract | 23 | 14 |
| Joined | 14 | 18 |
| Left | 5 | 3 |
| Training hours | - | 0 |
Source: social balance sheet in the 2023 to 2024 annual accounts
| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €182,976 | €675,708 | €301,148 |
| Financial fixed assets | €16,145 | - | €200 |
| €216,736 | €155,652 | €18,416 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 40% lower than in 2024.
Debt's share of the balance-sheet total falls from 81.0% to 72.3%. Equity is higher and debt is lower.
F&C TECHNICS has no parent and no holdings in its annual accounts. F&C TECHNICS shares no director with another company.
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| DMR COMPANY
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Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Oude Haachtsesteenweg 59 registered office 1831 Machelen (Brab.) | ||
| Stephensonstraat 115 1030 Schaerbeek | 08-11-2022 | 2.338.121.058 |
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23015C0111/00W000 | Flanders | 649 m² | 1 · 329 m² | 13.2 m · 4 |
| 21910E0099/00W005 | Brussels | 99 m² | 1 · 70 m² | 16.6 m · 5 |
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. Use the enterprise number 0793.391.308
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