Turnover
The micro format states no turnover.
The micro format states no turnover.
Of this, €121,637 falls due within a year.
Lower solvency than 90% of companies in specialised construction. Sector median 46.7% · 35,156 companies.
In July 2024, 1,325 companies had the same profile as FS TECHNICAL has now. Each dot stands for 4 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 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 1,325 companies, not a prediction for FS TECHNICAL. 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.
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.
| Company | ||||
|---|---|---|---|---|
| FS TECHNICAL Montigny-le-Tilleul | €329,203 | €52,396 | 1.0% | - |
| SOCIETE EUROPEENNE DE TRAVAUX Saint-Ghislain | €364,262 | €45,416 | -80.6% | - |
| Graphelec Soignies | €377,835 | €45,492 | 11.4% | - |
| Lenko Begijnendijk | €348,370 | €48,799 | 73.3% | - |
| A & F ELEC Ixelles | €300,184 | €55,557 | 71.5% | - |
| BRUYNEEL RUBEN Oostrozebeke | €332,730 | €49,445 | 77.9% | - |
| VANELEC Dentergem | €326,084 | €58,189 | 36.3% | - |
These companies have the same main activity as FS TECHNICAL: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €300,000 and €378,000, founded between 2011 and 2014.
FS TECHNICAL files the micro format. That format states no turnover. The gross margin rose from €47,681 in 2013 to €52,396 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 ≈ €200,000. Estimated: probably between €130,000 and €320,000.
Higher than 10% of 35,156 companies in 2025.
Higher than 6% of 34,529 companies in 2025.
Higher than 49% of 34,730 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: top quarter · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||
20/58 |
329,203 | 310,691 | 31,883 | 124,347 | 31,588 | 45,245 | 53,917 | 69,306 | 81,222 | 136,793 | 169,379 | 185,360 | 221,330 | |
21/28 |
272,520 | 292,693 | 20,375 | 90,903 | 18,901 | 39,255 | 52,333 | 68,899 | 81,165 | 103,017 | 159,914 | 168,945 | 197,889 | |
21 |
- | - | - | - | 16,000 | 32,000 | 48,000 | 64,000 | 80,000 | 96,000 | 112,000 | 128,000 | 144,000 | |
22/27 |
272,520 | 292,693 | 20,375 | 10,653 | 2,901 | 7,255 | 4,333 | 4,899 | 1,165 | 7,017 | 45,014 | 38,045 | 50,989 | |
22 |
256,404 | 268,250 | - | - | - | - | - | - | - | - | - | - | - | |
23 |
5,586 | 6,223 | - | - | - | - | - | - | - | - | - | - | - | |
24 |
10,530 | 18,220 | 20,375 | 10,653 | 2,901 | 7,255 | 4,333 | 4,899 | 1,165 | 7,017 | 45,014 | 38,045 | 50,989 | |
28 |
- | - | - | 80,250 | - | - | - | - | - | - | 2,900 | 2,900 | 2,900 | |
29/58 |
56,683 | 17,997 | 11,508 | 33,444 | 12,687 | 5,990 | 1,584 | 407 | 57 | 33,776 | 9,465 | 16,415 | 23,440 | |
3 |
4,507 | - | - | - | 3,536 | - | - | - | - | - | - | - | - | |
30/36 |
4,507 | - | - | - | - | - | - | - | - | - | - | - | - | |
37 |
- | - | - | - | 3,536 | - | - | - | - | - | - | - | - | |
40/41 |
46,384 | 13,357 | 10,831 | 18,142 | 7,432 | 5,387 | 395 | 84 | 57 | 27,084 | - | 9,311 | 24 | |
40 |
42,583 | 13,357 | 7,677 | 12,357 | 4,973 | 5,387 | - | - | - | 27,000 | - | 9,311 | - | |
41 |
3,801 | - | 3,154 | 5,785 | 2,459 | - | 395 | 84 | 57 | 84 | - | - | 24 | |
54/58 |
5,792 | 4,625 | 559 | 14,903 | 1,351 | 603 | 807 | 323 | - | 5,690 | 33 | 5,778 | 13,095 | |
490/1 |
- | 16 | 119 | 399 | 368 | - | 382 | - | - | 1,003 | 9,432 | 1,326 | 10,321 | |
| Balance sheet: equity and liabilities | ||||||||||||||
10/49 |
329,203 | 310,691 | 31,883 | 124,347 | 31,588 | 45,245 | 53,917 | 69,306 | 81,222 | 136,793 | 169,379 | 185,360 | 221,330 | |
10/15 |
3,157 | -19,074 | -8,579 | -32,988 | -50,444 | -33,132 | -18,645 | -1,281 | 13,968 | 31,998 | 40,383 | 35,644 | 22,283 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 12,400 | 12,400 | 12,400 | 12,400 | |
10 |
- | - | - | 18,600 | 18,600 | - | - | - | - | - | - | - | - | |
100 |
- | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | - | 6,200 | 6,200 | 6,200 | 6,200 | |
11 |
- | 18,600 | - | - | - | - | - | - | - | - | - | - | - | |
1100/10 |
- | 18,600 | - | - | - | - | - | - | - | - | - | - | - | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,000 | |
130/1 |
- | - | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | |
130 |
- | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,000 | |
1311 |
- | - | 1,860 | - | - | - | - | - | - | - | - | - | - | |
133 |
1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
14 |
-17,303 | -39,534 | -29,039 | -53,448 | -70,904 | -53,592 | -39,105 | -21,741 | -6,492 | 17,738 | 26,123 | 21,384 | 8,883 | |
17/49 |
326,046 | 329,764 | 40,462 | 157,335 | 82,033 | 78,377 | 72,562 | 70,587 | 67,254 | 104,795 | 128,995 | 149,715 | 199,047 | |
17 |
204,409 | 178,943 | - | - | - | - | - | - | - | 45,112 | 65,052 | 62,312 | 82,478 | |
170/4 |
204,409 | 178,943 | - | - | - | - | - | - | - | 45,112 | 65,052 | 62,312 | 82,478 | |
42/48 |
121,637 | 150,822 | 40,414 | 157,335 | 82,033 | 78,329 | 72,562 | 70,587 | 67,254 | 59,683 | 63,899 | 87,394 | 116,569 | |
42 |
7,775 | 40,684 | - | - | - | - | - | - | - | 19,941 | 19,531 | 20,167 | 19,905 | |
43 |
- | - | - | - | - | - | - | - | 25 | - | 2,052 | - | - | |
430/8 |
- | - | - | - | - | - | - | - | 25 | - | 2,052 | - | - | |
44 |
12,914 | 12,978 | 6,871 | 1,790 | 1,041 | 141 | 231 | 1,123 | - | 3,405 | 886 | 904 | 596 | |
440/4 |
12,914 | 12,978 | 6,871 | 1,790 | 1,041 | 141 | 231 | 1,123 | - | 3,405 | 886 | 904 | 596 | |
46 |
- | - | - | - | 3,749 | - | - | - | - | - | - | - | - | |
45 |
- | 97 | - | - | - | 29 | - | - | - | - | 6,164 | 16,964 | 5,000 | |
450/3 |
- | 97 | - | - | - | 29 | - | - | - | - | 6,164 | 16,964 | 5,000 | |
47/48 |
100,948 | 97,062 | 33,544 | 155,545 | 77,243 | 78,159 | 72,331 | 69,463 | 67,230 | 36,337 | 35,268 | 49,360 | 91,068 | |
492/3 |
- | - | 48 | - | - | 48 | - | - | - | - | 44 | 9 | - | |
| Income statement | ||||||||||||||
76A |
- | - | - | - | - | - | - | - | 173 | 1,723 | - | - | - | |
9900 |
52,396 | 16,912 | 23,993 | 34,728 | 4,025 | 3,506 | -665 | 1,365 | -3,071 | 20,644 | 45,079 | 51,312 | 47,681 | |
630 |
20,173 | 18,143 | 6,918 | 17,178 | 16,335 | 16,260 | 16,566 | 16,566 | 18,876 | 21,852 | 30,566 | 28,945 | 28,945 | |
640/8 |
337 | 149 | 452 | 32 | 154 | 85 | 85 | - | - | 493 | 1,222 | 885 | 973 | |
66A |
- | - | - | - | - | - | - | - | - | 5,145 | 1,172 | - | - | |
9901 |
31,886 | -1,380 | 16,624 | 17,517 | -12,464 | -12,839 | -17,316 | -15,201 | -21,947 | -1,701 | 13,290 | 21,483 | 17,764 | |
75/76B |
- | 0 | 7,968 | 16 | 7 | 0 | - | - | 173 | 1,723 | 2 | 10 | 59 | |
75 |
- | 0 | 843 | 16 | 7 | 0 | - | - | - | - | 2 | 10 | 59 | |
76B |
- | - | 7,124 | - | - | - | - | - | 173 | 1,723 | - | - | - | |
65/66B |
9,655 | 9,114 | 226 | 77 | 4,856 | 1,648 | 48 | 36 | 2,262 | 8,437 | 4,297 | 2,328 | 2,925 | |
65 |
9,655 | 9,114 | 226 | 77 | 10 | 103 | 48 | 36 | 2,262 | 3,292 | 4,297 | 2,328 | 2,925 | |
66B |
- | - | - | - | 4,846 | 1,546 | - | - | - | 5,145 | - | - | - | |
9903 |
22,231 | -10,495 | 24,365 | 17,456 | -17,313 | -14,487 | -17,364 | -15,238 | -24,035 | -8,415 | 7,823 | 19,164 | 14,897 | |
67/77 |
- | - | -44 | - | - | - | - | 11 | 195 | -30 | 3,084 | 5,803 | 5,015 | |
9904 |
22,231 | -10,495 | 24,410 | 17,456 | -17,313 | -14,487 | -17,364 | -15,249 | -24,230 | -8,385 | 4,739 | 13,362 | 9,883 | |
9905 |
22,231 | -10,495 | 24,410 | 17,456 | -17,313 | -14,487 | -17,364 | -15,249 | -24,230 | -8,385 | 4,739 | 13,362 | 9,883 | |
| Appropriation of the result | ||||||||||||||
9906 |
-17,303 | -39,534 | -29,039 | -53,448 | -70,904 | -53,592 | -39,105 | -21,741 | -6,492 | 17,738 | 26,123 | 22,244 | 9,883 | |
14P |
-39,534 | -29,039 | -53,448 | -70,904 | -53,592 | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | 860 | 1,000 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | 860 | 1,000 | |
| Document | ||||||||||||||
The notes to these accounts have 7 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 20-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 20-06-2026 | 2026-00207713 | |
| 31-12-2024 | micro format | 21-08-2025 | 2025-00394709 | |
| 31-12-2023 | micro format | 25-05-2024 | 2024-00096913 | |
| 31-12-2022 | micro format | 27-05-2023 | 2023-00098679 | |
| 31-12-2021 | micro format | 29-05-2022 | 2022-20043243 | |
| 31-12-2020 | micro format | 22-05-2021 | 2021-15000332 | |
| 31-12-2019 | micro format | 23-05-2020 | 2020-12800330 | |
| 31-12-2018 | micro format | 09-06-2019 | 2019-17100119 | |
| 31-12-2017 | full format | 26-05-2018 | 2018-14100341 | |
| 31-12-2016 | full format | 21-06-2017 | 2017-19700386 | |
| 31-12-2015 | full format | 29-05-2016 | 2016-13900401 | |
| 31-12-2014 | full format | 22-05-2015 | 2015-12900350 | |
| 31-12-2013 | full format | 25-05-2014 | 2014-13700113 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 52,059 | 16,763 | 23,541 | 34,696 | 3,871 | 3,421 | -750 | 1,365 | -3,071 | 20,151 | 43,856 | 50,427 | 46,708 | ||
| 42,404 | 7,649 | 31,327 | 34,634 | -978 | 1,773 | -798 | 1,317 | -5,355 | 13,466 | 35,305 | 42,306 | 38,827 | ||
| -0 | 290,462 | 141,074 | 89,180 | 2,893 | 7,000 | 0 | 4,300 | -2,976 | -35,045 | 43,782 | 0 | 226,834 | ||
| 1,167 | 4,066 | -14,344 | 13,552 | 748 | -204 | 484 | - | - | 5,657 | -5,746 | -7,317 | - | ||
| -64,954 | -132,824 | -28,906 | -123,891 | -69,346 | -72,339 | -70,978 | -70,180 | -67,197 | -25,907 | -54,435 | -70,979 | -93,128 | ||
| 1.0% | -6.1% | -26.9% | -26.5% | -159.7% | -73.2% | -34.6% | -1.8% | 17.2% | 23.4% | 23.8% | 19.2% | 10.1% | ||
| 0.47 | 0.12 | 0.28 | 0.21 | 0.15 | 0.08 | 0.02 | 0.01 | 0.00 | 0.57 | 0.15 | 0.19 | 0.20 | ||
| 0.43 | 0.12 | 0.28 | 0.21 | 0.11 | 0.08 | 0.02 | 0.01 | 0.00 | 0.57 | 0.15 | 0.19 | 0.20 | ||
| - | - | - | - | - | - | - | - | 4.81 | 3.28 | 3.19 | 4.20 | 8.93 | ||
| 704.2% | - | - | - | - | - | - | - | -173.5% | -26.2% | 11.7% | 37.5% | 44.4% | ||
| 6.8% | -3.4% | 76.6% | 14.0% | -54.8% | -32.0% | -32.2% | -22.0% | -29.8% | -6.1% | 2.8% | 7.2% | 4.5% | ||
| 5.39 | 1.84 | over 100 | over 100 | over 100 | - | - | - | - | - | - | - | - |
A ratio outside any meaningful range has been withheld (balance sheet total €329,203, equity €3,157).
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 | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €290,462 | €31,074 | €8,930 | €2,893 |
| Intangible fixed assets | - | - | €110,000 | - | - |
| Financial fixed assets | - | - | - | €80,250 | - |
| €20,173 | €18,143 | €6,918 | €17,178 | €16,335 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a profit of €31,886, after a loss of €1,380 in 2024. It is the highest result since 2013.
Debt's share of the balance-sheet total is 99.0%.
The network starts from the directors of FS TECHNICAL. Every other company they run is a node.
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 |
|---|---|---|
| Rue de Marchienne 203 registered office 6110 Montigny-le-Tilleul | ||
| ARCHITECTE SCARNIERE THIERRY Avenue des Pommiers 61, 6110 Montigny-le-Tilleul 71111 Activities of building architects | 09-01-2013 | 2.216.777.622 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 52048B0027/00L000 | 1,913 m² | 1 · 71 m² | 13.6 m · 4 |
| 52048B0397/00R000 | 1,405 m² | 1 · 167 m² | 9.6 m · 2 |
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 0502.289.358
If something looks wrong or is missing, please tell us.