FIRE TECHNICS
ActiveSummary
FIRE TECHNICS has been active since 1969 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.4m and a net result of €24,901. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 30% of 4235 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability38▼-10
Solvency44▼-8
Growth61▼-13
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €220,000 at 30 days acceptable
Liquidity tight (current ratio 1.25 against 1.28 in 2024; short-term debt: 74% and cash: 2.3% of total assets), and 80.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
19.5%
Return on assets
0.1%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 03-04-2026, 62 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
62 d late
2024
61 d late
2022
86 d late
2021
21 d early
2020
2 d early
2019
25 d late
2018
24 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 34 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
In the rankings
#5 oldest company in Ostend, Wholesale and retail trade sector#6 company by total assets in Ostend, Wholesale and retail trade sector
Turnover
€16.7m▲ 29.3%
2024 · €12.9m
EBIT margin
1.5%▼ 1.1pp
2024 · 2.6%
Net result
€24,901▼ 83.5%
2024 · €150,920
Working capital
€4.2m▲ 34.0%
2024 · €3.1m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Line20202021202220242025
Turnover€10.7m▲ 33.3%€11.8m▲ 10.3%€12.2m▲ 3.9%€12.9m-€16.7m▲ 29.3%
Operating result€234,594▲ 203%€174,250▼ 25.7%€160,069▼ 8.1%€334,255-€252,421▼ 24.5%
Net result€202,392above the sector's middle half▲ 311%€106,743within the sector's middle half▼ 47.3%€97,144within the sector's middle half▼ 9.0%€150,920above the sector's middle half-€24,901within the sector's middle half▼ 83.5%
EBIT margin2.2%▲ 1.2pp1.5%▼ 0.7pp1.3%▼ 0.2pp2.6%-1.5%▼ 1.1pp
Equity€3.6mabove the sector's middle half▲ 6.0%€3.7mabove the sector's middle half▲ 3.0%€3.8mabove the sector's middle half▲ 2.6%€4.4mabove the sector's middle half-€4.4mabove the sector's middle half▲ 0.6%
Total assets€9.0mabove the sector's middle half▲ 26.0%€8.9mabove the sector's middle half▼ 0.4%€9.3mabove the sector's middle half▲ 3.7%€16.3mabove the sector's middle half-€22.5mabove the sector's middle half▲ 38.3%
Debt€5.2m▲ 100%€5.0m▼ 2.6%€5.3m▲ 4.4%€11.7m-€17.9m▲ 52.9%
Working capital€2.7mabove the sector's middle half▼ 35.8%€2.8mabove the sector's middle half▲ 1.9%€2.3mabove the sector's middle half▼ 19.1%€3.1mabove the sector's middle half-€4.2mabove the sector's middle half▲ 34.0%
Solvency40.1%within the sector's middle half▼ 7.6pp41.5%within the sector's middle half▲ 1.3pp41.0%within the sector's middle half▼ 0.4pp26.8%within the sector's middle half-19.5%within the sector's middle half▼ 7.3pp
Current ratio1.64within the sector's middle half▼ 1.031.64within the sector's middle half=1.43within the sector's middle half▼ 0.211.28within the sector's middle half-1.25within the sector's middle half▼ 0.02
Return on assets (ROA)2.3%within the sector's middle half▲ 1.6pp1.2%within the sector's middle half▼ 1.1pp1.0%within the sector's middle half▼ 0.1pp0.9%within the sector's middle half-0.1%within the sector's middle half▼ 0.8pp
Staff (FTE)20.6above the sector's middle half▲ 12.0%19.6above the sector's middle half▼ 4.9%21above the sector's middle half▲ 7.1%23above the sector's middle half-22.8above the sector's middle half▼ 0.9%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 24% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €22.5m
Fixed assets
€1.7m ▼ 8.3%
Current assets
€20.9m ▲ 44.1%
Equity and liabilities €22.5m
Equity
€4.4m ▲ 0.6%
Provisions
€225,470 ▲ 6.6%
Debt
€17.9m ▲ 52.9%
Debt's share of the balance-sheet total rises from 71.9% to 79.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€472,028▼
2024 · €539,424
Cash flow
€244,509▼
2024 · €356,089
Quick ratio
0.58▲
2024 · 0.33
Debt to equity
4.08▲
2024 · 2.68
ROE
0.6%▼
2024 · 3.5%
Interest coverage
2.76▼
2024 · 4.10
Debt ≤ 1 year
€16.7m▲
2024 · €11.3m
Debt > 1 year
€263,995▼
2024 · €361,582
Income taxes
€22,505▲
2024 · €9,481
Staff costs
€1.6m▲
2024 · €1.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,678 companies that looked in July 2024 the way this one looks now, 0.9% went bankrupt within 24 months and 97% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
0.9%
went bankrupt
1.9%
stopped otherwise
97%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.7% |
| 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 75% 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 4,678 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
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | €13.3m | €16.8m | €16.2m | ▼ 3.9% |
| Turnover70 | €10.7m | €11.8m | €12.2m | €12.9m | €16.7m | ▲ 29.3% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | €1.0m | €3.7m | -€488,329 | ▼ 113% |
| Other operating income74 | - | - | €23,837 | €228,548 | €19,121 | ▼ 91.6% |
| Operating charges60/66A | - | - | €13.1m | €16.5m | €15.9m | ▼ 3.5% |
| Goods for resale, raw materials and consumables60 | - | - | €10.4m | €13.6m | €12.5m | ▼ 8.0% |
| Purchases600/8 | - | - | €10.5m | €14.6m | €13.4m | ▼ 8.3% |
| Change in stocks: decrease (increase)609 | - | - | -€79,481 | -€1.0m | -€900,678 | ▲ 12.5% |
| Services and other goods61 | - | - | €785,978 | €952,875 | €1.0m | ▲ 9.5% |
| Remuneration, social security and pensions62 | - | - | €1.3m | €1.6m | €1.6m | ▲ 2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €98,671 | €186,555 | €168,510 | €205,169 | €219,608 | ▲ 7.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €460,138 | €157,671 | -€597,922 | ▼ 479% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | €14,790 | €13,337 | €13,996 | ▲ 4.9% |
| Other operating charges640/8 | - | - | €40,986 | €37,360 | €1.2m | ▲ 3,037% |
| Operating profit (loss)9901 | €234,594 | €174,250 | €160,069 | €334,255 | €252,421 | ▼ 24.5% |
| Financial income75/76B | - | - | €1,941 | €1,903 | €15,676 | ▲ 724% |
| Recurring financial income75 | €1,309 | €5,720 | €1,739 | €1,903 | €15,676 | ▲ 724% |
| Income from current assets751 | - | - | - | €1,523 | €1,774 | ▲ 16.5% |
| Other financial income752/9 | - | - | €1,739 | €381 | €13,902 | ▲ 3,552% |
| Non-recurring financial income76B | - | - | €202 | - | - | - |
| Financial charges65/66B | - | - | €61,289 | €175,757 | €220,690 | ▲ 25.6% |
| Recurring financial charges65 | €31,445 | €71,633 | €61,289 | €175,757 | €220,690 | ▲ 25.6% |
| Debt charges650 | €9,734 | €40,920 | €30,314 | €131,572 | €170,781 | ▲ 29.8% |
| Other financial charges652/9 | - | - | €30,976 | €44,185 | €49,909 | ▲ 13.0% |
| Non-recurring financial charges66B | - | - | - | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €204,458 | €108,337 | €100,721 | €160,402 | €47,406 | ▼ 70.4% |
| Income taxes67/77 | €2,066 | €1,594 | €3,577 | €9,481 | €22,505 | ▲ 137% |
| Taxes670/3 | - | - | €3,577 | €9,481 | €22,505 | ▲ 137% |
| Profit (loss) for the period9904 | €202,392 | €106,743 | €97,144 | €150,920 | €24,901 | ▼ 83.5% |
| Profit (loss) for the period to be appropriated9905 | €202,392 | €106,743 | €97,144 | €150,920 | €24,901 | ▼ 83.5% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €9.0m | €8.9m | €9.3m | €16.3m | €22.5m | ▲ 38.3% |
| Fixed assets21/28 | €2.0m | €1.8m | €1.8m | €1.8m | €1.7m | ▼ 8.3% |
| Intangible fixed assets21 | €56,895 | €31,446 | €46,186 | €26,218 | €42,278 | ▲ 61.3% |
| Tangible fixed assets22/27 | €1.9m | €1.8m | €1.7m | €1.8m | €1.6m | ▼ 9.3% |
| Plant, machinery and equipment23 | - | - | €42,419 | €70,027 | €53,389 | ▼ 23.8% |
| Furniture and vehicles24 | - | - | €87,222 | €58,620 | €42,907 | ▼ 26.8% |
| Other tangible fixed assets26 | - | - | €1.6m | €1.6m | €1.5m | ▼ 8.1% |
| Financial fixed assets28 | €546 | €546 | €546 | €546 | €546 | = |
| Other financial fixed assets284/8 | - | - | €546 | €546 | €546 | = |
| Amounts receivable and cash guarantees285/8 | - | - | €546 | €546 | €546 | = |
| Current assets29/58 | €7.0m | €7.1m | €7.5m | €14.5m | €20.9m | ▲ 44.1% |
| Stocks and contracts in progress3 | €638,291 | €698,762 | €5.8m | €10.7m | €11.3m | ▲ 5.1% |
| Stocks30/36 | - | - | €632,759 | €2.5m | €3.0m | ▲ 21.3% |
| Raw materials and consumables30/31 | - | - | €512,786 | €1.7m | €2.2m | ▲ 28.1% |
| Goods purchased for resale34 | - | - | €95,973 | €99,813 | €282 | ▼ 99.7% |
| Advance payments36 | - | - | €24,000 | €633,145 | €771,479 | ▲ 21.8% |
| Contracts in progress37 | - | - | €5.1m | €8.2m | €8.3m | ▲ 0.3% |
| Amounts receivable within one year40/41 | €2.6m | €1.8m | €1.4m | €3.4m | €9.0m | ▲ 169% |
| Trade receivables40 | - | - | €1.3m | €3.3m | €9.0m | ▲ 171% |
| Other amounts receivable41 | - | - | €21,389 | €42,240 | €56,540 | ▲ 33.9% |
| Current investments50/53 | €3,798 | €3,798 | €3,798 | €0 | - | - |
| Other investments51/53 | - | - | €3,798 | €0 | - | - |
| Cash at bank and in hand54/58 | €670,987 | €448,410 | €282,740 | €384,118 | €529,106 | ▲ 37.7% |
| Deferred charges and accrued income490/1 | - | - | €92,237 | €17,376 | €17,807 | ▲ 2.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €9.0m | €8.9m | €9.3m | €16.3m | €22.5m | ▲ 38.3% |
| Equity10/15 | €3.6m | €3.7m | €3.8m | €4.4m | €4.4m | ▲ 0.6% |
| Contributions10/11 | €425,000 | €425,000 | €425,000 | €425,000 | €425,000 | = |
| Capital10 | - | - | €425,000 | €425,000 | €425,000 | = |
| Issued capital100 | - | - | €425,000 | €425,000 | €425,000 | = |
| Reserves13 | €3.2m | €3.3m | €3.4m | €3.9m | €4.0m | ▲ 0.6% |
| Non-distributable reserves130/1 | - | - | €42,500 | €42,500 | €42,500 | = |
| Legal reserve130 | - | - | €42,500 | €42,500 | €42,500 | = |
| Distributable reserves133 | - | - | €3.3m | €3.9m | €3.9m | ▲ 0.6% |
| Profit (loss) carried forward14 | €102 | €1,845 | €3,990 | €960 | €861 | ▼ 10.3% |
| Provisions and deferred taxes16 | €190,342 | €186,423 | €201,213 | €211,474 | €225,470 | ▲ 6.6% |
| Provisions for liabilities and charges160/5 | - | - | €201,213 | €211,474 | €225,470 | ▲ 6.6% |
| Environmental obligations163 | - | - | - | €0 | - | - |
| Other liabilities and charges164/5 | - | - | €201,213 | €211,474 | €225,470 | ▲ 6.6% |
| Amounts payable17/49 | €5.2m | €5.0m | €5.3m | €11.7m | €17.9m | ▲ 52.9% |
| Amounts payable after more than one year17 | €891,149 | €676,829 | - | €361,582 | €263,995 | ▼ 27.0% |
| Financial debts170/4 | - | - | - | €361,582 | €263,995 | ▼ 27.0% |
| Credit institutions173 | - | - | - | €361,582 | €263,995 | ▼ 27.0% |
| Amounts payable within one year42/48 | €4.3m | €4.4m | €5.3m | €11.3m | €16.7m | ▲ 46.8% |
| Current portion of amounts payable after more than one year42 | - | - | €676,829 | €93,309 | €97,587 | ▲ 4.6% |
| Financial debts43 | - | - | €1.9m | €1.5m | €3.8m | ▲ 153% |
| Credit institutions430/8 | - | - | €1.9m | €1.4m | €3.7m | ▲ 161% |
| Other loans439 | - | - | - | €71,227 | €71,156 | ▼ 0.1% |
| Trade debts44 | €3.0m | €2.3m | €2.3m | €7.5m | €4.6m | ▼ 38.9% |
| Suppliers440/4 | - | - | €2.3m | €7.5m | €4.6m | ▼ 38.9% |
| Advances received on contracts in progress46 | - | - | - | €937,000 | €6.9m | ▲ 632% |
| Taxes, remuneration and social security45 | - | - | €218,619 | €691,586 | €766,771 | ▲ 10.9% |
| Taxes450/3 | - | - | €34,491 | €441,458 | €526,534 | ▲ 19.3% |
| Remuneration and social security454/9 | - | - | €184,128 | €250,128 | €240,238 | ▼ 4.0% |
| Other amounts payable47/48 | - | - | €193,941 | €588,178 | €547,594 | ▼ 6.9% |
| Accrued charges and deferred income492/3 | - | - | €4,124 | €628 | €978,962 | ▲ 155,793% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €202,392 | €106,743 | €97,144 | €150,920 | €24,901 | ▼ 83.5% |
| + Depreciation and write-downs630 | €98,671 | €186,555 | €168,510 | €205,169 | €219,608 | ▲ 7.0% |
| Operating cash flow (approximation) | €301,063 | €293,298 | €265,654 | €356,089 | €244,509 | ▼ 31.3% |
| Investment in fixed assets (approximation) | - | -€16,734 | -€135,565 | - | -€70,933 | - |
| Change in cash | - | -€222,577 | -€165,670 | - | €144,988 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 62 days late
2025
30-06
Financial
Weakest financial yearnet €24,901 ▼83.5%
Net result drops to €24,901, the lowest in the series.
02-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 61 days late
2023
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 86 days late
2022
10-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-06
Financial
Highest result since 2019net €202,392 ▲311%
Net result €202,392, the highest in the series.
25-02
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 25 days late
2019
24-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 24 days late
2018
28-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 28 days late
2017
13-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 13 days late
2016
15-01
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 13 acts read
About the unread acts
We know of 13 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
13 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, Oostende · 1 establishment unit since 1969
Ground area
1.6 ha
Building footprint
2,748 m²
Volume, LiDAR
28,694 m³
Parcel 35026B0011/00F000, Flanders · tallest building 17.3 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Solvaylaan 6, 8400 Oostende
since 19692.002.625.673
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35026B0011/00F000 | Flanders | 1.6 ha | 1 · 2,748 m² | 17.3 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 231 EUR awarded · 285 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 231 EUR | 285 EUR |
Federal government
2025 · 1 entry · 607,335 EUR in total| Year | Department | Transactions | Amount |
|---|---|---|---|
| 2025 | FOD Binnenlandse Zaken | 1 | 607,335 EUR |
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Of 10,664 companies in sector 47811 we hold annual accounts for 5,226. 1,638 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded01-05-1969
Fiscal year end30-06
Activities, NACEBEL 2025
29100Manufacture of motor vehicles, trailers and semi-trailers
47811Retail sale of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0406741487
Registered
28-12-2023
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.