FIRE TECHNICS
ActiveSummary
FIRE TECHNICS has been active since 1969 and the Belgian Official 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 about 4.4% per year across the filed financial years. Its solvency ranks better than 31% of 4,992 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Financials · financial year 2025, full format
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
2025 annual accounts filed late (62 days) Filed on 3 April 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00074976.
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
2020 to 2025, 5 financial years 2019 to 2025, 6 financial years
The operating result falls in 2025; 2025 is 24% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€16.7m
2025
Operating result€0.3m
2025
Net result€0.02m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€22.5m
2025
Equity€4.4m
2025
Debt€17.9m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€4.2m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin1.5%
2025
Return on assets (ROA)0.1%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency19.5%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.25
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)22.8
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line201920202021202220242025
Turnover€8.0m-€10.7m▲ 33.3%€11.8m▲ 10.3%€12.2m▲ 3.9%€12.9m-€16.7m▲ 29.3%
Operating result€0.08m-€0.2m▲ 203%€0.2m▼ 25.7%€0.2m▼ 8.1%€0.3m-€0.3m▼ 24.5%
Net result€0.05m-€0.2mabove the sector's middle half▲ 311%€0.1mwithin the sector's middle half▼ 47.3%€0.1mwithin the sector's middle half▼ 9.0%€0.2mabove the sector's middle half-€0.02mwithin the sector's middle half▼ 83.5%
EBIT margin1.0%-2.2%▲ 1.2pp1.5%▼ 0.7pp1.3%▼ 0.2pp2.6%-1.5%▼ 1.1pp
Equity€3.4m-€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€7.1m-€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€2.6m-€5.2m▲ 100%€5.0m▼ 2.6%€5.3m▲ 4.4%€11.7m-€17.9m▲ 52.9%
Working capital€4.3m-€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%
Solvency47.8%-40.1%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 ratio2.67-1.64within 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)0.7%-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)18.4-20.6above 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 of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
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 4,685 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 96.9% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
1.9%
stopped otherwise
96.9%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.4% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 4,685 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 | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €13.3m | €16.8m | €16.2m | ▼ 3.9% |
| Turnover70 | €8.0m | €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 | -€0.5m | - |
| Other operating income74 | - | - | - | €0.02m | €0.2m | €0.02m | ▼ 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 | - | - | - | -€0.08m | -€1.0m | -€0.9m | ▲ 12.5% |
| Services and other goods61 | - | - | - | €0.8m | €1.0m | €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 | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 7.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0.5m | €0.2m | -€0.6m | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €0.01m | €0.01m | €0.01m | ▲ 4.9% |
| Other operating charges640/8 | - | - | - | €0.04m | €0.04m | €1.2m | ▲ 3,037% |
| Operating profit (loss)9901 | €0.08m | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | ▼ 24.5% |
| Financial income75/76B | - | - | - | €0.002m | €0.002m | €0.02m | ▲ 724% |
| Recurring financial income75 | €0.003m | €0.001m | €0.006m | €0.002m | €0.002m | €0.02m | ▲ 724% |
| Income from current assets751 | - | - | - | - | €0.002m | €0.002m | ▲ 16.5% |
| Other financial income752/9 | - | - | - | €0.002m | €381 | €0.01m | ▲ 3,552% |
| Non-recurring financial income76B | - | - | - | €202 | - | - | - |
| Financial charges65/66B | - | - | - | €0.06m | €0.2m | €0.2m | ▲ 25.6% |
| Recurring financial charges65 | €0.03m | €0.03m | €0.07m | €0.06m | €0.2m | €0.2m | ▲ 25.6% |
| Debt charges650 | €0.01m | €0.01m | €0.04m | €0.03m | €0.1m | €0.2m | ▲ 29.8% |
| Other financial charges652/9 | - | - | - | €0.03m | €0.04m | €0.05m | ▲ 13.0% |
| Non-recurring financial charges66B | - | - | - | - | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €0.05m | €0.2m | €0.1m | €0.1m | €0.2m | €0.05m | ▼ 70.4% |
| Income taxes67/77 | €0.002m | €0.002m | €0.002m | €0.004m | €0.009m | €0.02m | ▲ 137% |
| Taxes670/3 | - | - | - | €0.004m | €0.009m | €0.02m | ▲ 137% |
| Profit (loss) for the period9904 | €0.05m | €0.2m | €0.1m | €0.1m | €0.2m | €0.02m | ▼ 83.5% |
| Profit (loss) for the period to be appropriated9905 | €0.05m | €0.2m | €0.1m | €0.1m | €0.2m | €0.02m | ▼ 83.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €7.1m | €9.0m | €8.9m | €9.3m | €16.3m | €22.5m | ▲ 38.3% |
| Fixed assets21/28 | €0.3m | €2.0m | €1.8m | €1.8m | €1.8m | €1.7m | ▼ 8.3% |
| Intangible fixed assets21 | €0.06m | €0.06m | €0.03m | €0.05m | €0.03m | €0.04m | ▲ 61.3% |
| Tangible fixed assets22/27 | €0.2m | €1.9m | €1.8m | €1.7m | €1.8m | €1.6m | ▼ 9.3% |
| Plant, machinery and equipment23 | - | - | - | €0.04m | €0.07m | €0.05m | ▼ 23.8% |
| Furniture and vehicles24 | - | - | - | €0.09m | €0.06m | €0.04m | ▼ 26.8% |
| Other tangible fixed assets26 | - | - | - | €1.6m | €1.6m | €1.5m | ▼ 8.1% |
| Financial fixed assets28 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Other financial fixed assets284/8 | - | - | - | €0.001m | €0.001m | €0.001m | = |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.001m | €0.001m | €0.001m | = |
| Current assets29/58 | €6.8m | €7.0m | €7.1m | €7.5m | €14.5m | €20.9m | ▲ 44.1% |
| Stocks and contracts in progress3 | €2.2m | €0.6m | €0.7m | €5.8m | €10.7m | €11.3m | ▲ 5.1% |
| Stocks30/36 | - | - | - | €0.6m | €2.5m | €3.0m | ▲ 21.3% |
| Raw materials and consumables30/31 | - | - | - | €0.5m | €1.7m | €2.2m | ▲ 28.1% |
| Goods purchased for resale34 | - | - | - | €0.1m | €0.1m | €282 | ▼ 99.7% |
| Advance payments36 | - | - | - | €0.02m | €0.6m | €0.8m | ▲ 21.8% |
| Contracts in progress37 | - | - | - | €5.1m | €8.2m | €8.3m | ▲ 0.3% |
| Amounts receivable within one year40/41 | €3.7m | €2.6m | €1.8m | €1.4m | €3.4m | €9.0m | ▲ 169% |
| Trade receivables40 | - | - | - | €1.3m | €3.3m | €9.0m | ▲ 171% |
| Other amounts receivable41 | - | - | - | €0.02m | €0.04m | €0.06m | ▲ 33.9% |
| Current investments50/53 | €0.2m | €0.004m | €0.004m | €0.004m | €0 | - | - |
| Other investments51/53 | - | - | - | €0.004m | €0 | - | - |
| Cash at bank and in hand54/58 | €0.6m | €0.7m | €0.4m | €0.3m | €0.4m | €0.5m | ▲ 37.7% |
| Deferred charges and accrued income490/1 | - | - | - | €0.09m | €0.02m | €0.02m | ▲ 2.5% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €7.1m | €9.0m | €8.9m | €9.3m | €16.3m | €22.5m | ▲ 38.3% |
| Equity10/15 | €3.4m | €3.6m | €3.7m | €3.8m | €4.4m | €4.4m | ▲ 0.6% |
| Contributions10/11 | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Capital10 | - | - | - | €0.4m | €0.4m | €0.4m | = |
| Issued capital100 | - | - | - | €0.4m | €0.4m | €0.4m | = |
| Reserves13 | €3.0m | €3.2m | €3.3m | €3.4m | €3.9m | €4.0m | ▲ 0.6% |
| Non-distributable reserves130/1 | - | - | - | €0.04m | €0.04m | €0.04m | = |
| Legal reserve130 | - | - | - | €0.04m | €0.04m | €0.04m | = |
| Distributable reserves133 | - | - | - | €3.3m | €3.9m | €3.9m | ▲ 0.6% |
| Profit (loss) carried forward14 | €211 | €102 | €0.002m | €0.004m | €0.001m | €0.001m | ▼ 10.3% |
| Provisions and deferred taxes16 | €1.1m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 6.6% |
| Provisions for liabilities and charges160/5 | - | - | - | €0.2m | €0.2m | €0.2m | ▲ 6.6% |
| Environmental obligations163 | - | - | - | - | €0 | - | - |
| Other liabilities and charges164/5 | - | - | - | €0.2m | €0.2m | €0.2m | ▲ 6.6% |
| Amounts payable17/49 | €2.6m | €5.2m | €5.0m | €5.3m | €11.7m | €17.9m | ▲ 52.9% |
| Amounts payable after more than one year17 | - | €0.9m | €0.7m | - | €0.4m | €0.3m | ▼ 27.0% |
| Financial debts170/4 | - | - | - | - | €0.4m | €0.3m | ▼ 27.0% |
| Credit institutions173 | - | - | - | - | €0.4m | €0.3m | ▼ 27.0% |
| Amounts payable within one year42/48 | €2.6m | €4.3m | €4.4m | €5.3m | €11.3m | €16.7m | ▲ 46.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.7m | €0.09m | €0.1m | ▲ 4.6% |
| Financial debts43 | - | - | - | €1.9m | €1.5m | €3.8m | ▲ 153% |
| Credit institutions430/8 | - | - | - | €1.9m | €1.4m | €3.7m | ▲ 161% |
| Other loans439 | - | - | - | - | €0.07m | €0.07m | ▼ 0.1% |
| Trade debts44 | €2.1m | €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 | - | - | - | - | €0.9m | €6.9m | ▲ 632% |
| Taxes, remuneration and social security45 | - | - | - | €0.2m | €0.7m | €0.8m | ▲ 10.9% |
| Taxes450/3 | - | - | - | €0.03m | €0.4m | €0.5m | ▲ 19.3% |
| Remuneration and social security454/9 | - | - | - | €0.2m | €0.3m | €0.2m | ▼ 4.0% |
| Other amounts payable47/48 | - | - | - | €0.2m | €0.6m | €0.5m | ▼ 6.9% |
| Accrued charges and deferred income492/3 | - | - | - | €0.004m | €0.001m | €1.0m | ▲ 155,793% |
| Line | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.05m | €0.2m | €0.1m | €0.1m | €0.2m | €0.02m | ▼ 83.5% |
| + Depreciation and write-downs630 | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 7.0% |
| Operating cash flow (approximation) | €0.2m | €0.3m | €0.3m | €0.3m | €0.4m | €0.2m | ▼ 31.3% |
| Investment in fixed assets (approximation) | - | -€1.8m | -€0.02m | -€0.1m | - | -€0.07m | - |
| Change in cash | - | €0.1m | -€0.2m | -€0.2m | - | €0.1m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 47 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | full format | 03-04-2026 | 2026-00074976 |
| 30-06-2024 | full format | 02-04-2025 | 2025-00062920 |
| 30-06-2022 | full format | 27-04-2023 | 2023-00072513 |
| 30-06-2021 | full format | 10-01-2022 | 2022-00700417 |
| 30-06-2020 | full format | 29-01-2021 | 2021-04100334 |
| 30-06-2019 | full format | 25-02-2020 | 2020-05700324 |
| 30-06-2018 | full format | 24-02-2019 | 2019-05800198 |
| 30-06-2017 | full format | 28-02-2018 | 2018-06200162 |
| 30-06-2016 | full format | 13-02-2017 | 2017-04400333 |
| 30-06-2015 | full format | 15-01-2016 | 2016-02000287 |
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Flemish government
2023 · 1 entry · €231 awarded · €285 paidFederal government
2025 · 1 entry · €607,335 in total| Year | Department | Transactions | Amount |
|---|---|---|---|
| 2025 | FOD Binnenlandse Zaken | 1 | €607,335 |
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De aankoop van 5 brandweervoertuigen Bos en Heide ten voordele van Bataljon Artillerie, 10de Tactische Wing en het kamp van MEF en de afsluiting van een meerjarige open overeenkomst voor de technische assistentie
Leveren van materialen voor het uitrusten van de multifunctionele autopompen ten behoeve van Brandweer Westhoek: voertuigstabilisatie
Leveren van materialen voor het uitrusten van de multifunctionele autopompen ten behoeve van Brandweer Westhoek: Toebehoren THV
Leveren van materialen voor het uitrusten van de multifunctionele autopompen ten behoeve van Brandweer Westhoek: voertuigstabilisatie
Leveren van materialen voor het uitrusten van de multifunctionele autopompen ten behoeve van Brandweer Westhoek: Toebehoren THV
Aankoop multifunctionele autopomp
Fourniture d'un véhicule de décontamination CBRNe au profit du SIAMU
TANKWAGENS: TANKWAGEN 12.000 L CHASSIS 6*4
Acquisition d'une autopompe multifonctionnelle de type 4 x 2 pour la Zone de Secours Val de Sambre: Acquisition d'une autopompe multifonctionnelle de type 4 x2
Industriële schuimtankwagen
Aankoop van compacte multifunctionele autopompen voor de brandweer
Aankoop autopomp: Autopomp
Aankoop autopomp: Technische hulpverlening
Aankoop van karweiwagens voor de brandweer
Acquisition d'un camion citerne de 18 000 l d'eau, 500 l de détergent, 500 l d'émulseur pour la zone de secours Val de Sambre: Acquisition d'un camion citerne 18 000 l
Acquisition d'un camion citerne de 18 000 l d'eau, 500 l de détergent, 500 l d'émulseur pour la zone de secours Val de Sambre
Aankoop van een autoladder voor de brandweer
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. Values as the buyer published them; for a framework agreement, a ceiling.