Turnover
≈ €120,000 estimated
The micro format states no turnover.
FAB TEC
Lifetime
1 annual account with figurespeak €29,212 (2025)
€29,212
peak €17,365 (2025)
€17,365
peak €17,366 (2025)
€17,366
€20,317
Board1 name since 2024
1 directorHOVAKIMYAN Mihran
Documentsfilings and deeds
11-07-202620 days before the deadline
2025micro format
First year with figures
Key points
from the 2025 annual accountsStarting capital
€1 10 shares
Checked score
71
Healthy
Financially stronger than 71% of micro companies in repair and installation of machinery (NACE 33)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 2,397 companies (NACE 33, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2025: 1.8%
05-2025: 1.8%● unchanged vs 04-2025
06-2025: 1.9%▲ +0.1 percentage points vs 05-2025
07-2025: 2.3%▲ +0.4 percentage points vs 06-2025
08-2025: 2.4%▲ +0.1 percentage points vs 07-2025
09-2025: 2.7%▲ +0.3 percentage points vs 08-2025
10-2025: 2.7%● unchanged vs 09-2025
11-2025: 2.9%▲ +0.2 percentage points vs 10-2025
12-2025: 3.0%▲ +0.1 percentage points vs 11-2025
01-2026: 2.9%▼ -0.1 percentage points vs 12-2025
02-2026: 3.1%▲ +0.2 percentage points vs 01-2026
03-2026: 3.2%▲ +0.1 percentage points vs 02-2026
04-2026: 3.3%▲ +0.1 percentage points vs 03-2026highest value
05-2026: 3.3%● unchanged vs 04-2026highest value
06-2026: 3.3%● unchanged vs 05-2026highest value
07-2026: 3.3%● unchanged vs 06-2026highest value
08-2026: 0.7%▼ -2.6 percentage points vs 07-2026
09-2026: 0.7%● unchanged vs 08-2026
10-2026: 0.7%● unchanged vs 09-2026lowest value
11-2026: 0.7%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
Size: total assets €37,682
lowers risk
Liquidity: current ratio 1.23, cash €20,170
Equity €17,366 (46.1% of total assets)
Calculation
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 33, micro). It does better than 53% of them on solvency, 71% on liquidity and 90% on profitability.
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).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as FAB TEC has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of FAB TEC itself: 0.7% within 12 months.
Test of the method
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 39,278 companies, not a prediction for FAB TEC. 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
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.23, below the usual 1.5. Short-term debt is 53.9% and cash 53.5% of total assets. 53.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 11-07-2026, 20 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
20 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1007609967
Incorporation
Founding capital of €1, 10 shares · Founder: HOVAKIMYAN Mihran · Appointment: HOVAKIMYAN Mihran (director) · published on 28-03-2024 · Gazette deed
First establishment
Lange Rechtestraat 27, Tremelo
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FAB TEC Tremelo | €37,682 | €29,212 | 46.1% | - |
| MATS DEFOORT Diksmuide | €36,492 | €28,931 | 42.2% | 1 |
| JCon-Solutions Sint-Niklaas | €37,814 | €24,145 | 95.0% | - |
| STINGINEERING Mons | €36,153 | €29,412 | 57.6% | - |
| Ak Sol Steenokkerzeel | €47,543 | €17,334 | 30.6% | - |
| R.D. Solutions Roeselare | €44,374 | €21,725 | 20.4% | - |
| DNY Montage Industrial Berchem-Sainte-Agathe | €55,299 | €37,326 | 66.0% | - |
These companies have the same main activity as FAB TEC: installation of industrial machinery and equipment (NACE 33200). They are comparable in size and age: total assets between €36,200 and €55,300, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 26-03-2024Normal situation
- Activity
- Installation of industrial machinery and equipmentNACE 33200and 1 other
- Establishment unit
- 2.358.325.3663120 Tremelo, since 26-03-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 21-09-2025
Annual accounts 2025
- €37,682
- Filing
- Filed on 11-07-2026, 20 days before the end of the filing period
Insights on FAB TEC
FAB TEC has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17,366 and a net result of €17,365.
Its solvency ranks better than 51% of 1,698 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
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 FAB TEC
- What is the company number of FAB TEC?
- The company number of FAB TEC is 1007.609.967. The VAT number is the same number with BE in front: BE 1007.609.967.
- Where is FAB TEC based?
- The registered office is at Lange Rechtestraat 27, 3120 Tremelo.Company details
- What does FAB TEC do?
- According to the KBO register, the main activity is installation of industrial machinery and equipment (NACE 33200).
- What is the legal form of FAB TEC?
- FAB TEC is a private limited company (BV).
- When was FAB TEC founded?
- FAB TEC was founded on 26-03-2024.
- Is FAB TEC still active?
- Yes, FAB TEC is an active enterprise in the KBO register.
- What is the turnover of FAB TEC?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €29,212 and 2,934 comparable companies of the same size. It probably lies between €71,000 and €210,000. It is a rough estimate.Financials
- Is FAB TEC profitable?
- In financial year 2025, FAB TEC made a profit of €17,365.
- Where can I find the annual accounts of FAB TEC?
- FAB TEC filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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