Equity
FTW - TECHNIK has made a profit in every financial year since 2019.
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In July 2024, 26,972 companies had the same profile as FTW - TECHNIK has now. Each dot stands for 68 companies, two years later.
Another 0.1% 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 26,972 companies, not a prediction for FTW - TECHNIK. 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.
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| Company | ||||
|---|---|---|---|---|
| FTW - TECHNIK La Calamine | €138,182 | €26,745 | 48.1% | - |
| VILLA CERAMICA Lontzen | €99,714 | €21,710 | -64.8% | - |
| PLUVIO Roeselare | €98,249 | €17,880 | -121.8% | 0 |
| Kunststofplatenshop Zaventem | €163,742 | €32,993 | 3.8% | - |
| TechniTeam Zonhoven | €86,218 | €36,644 | 47.4% | 0.2 |
| KSIDE Sprimont | €80,041 | €20,046 | 33.0% | - |
| NATURA MATER Brussels | €91,723 | €42,934 | -16.5% | - |
These companies have the same main activity as FTW - TECHNIK: wholesale of construction materials, general range (NACE 46831). They are comparable in size and age: total assets between €80,000 and €164,000, founded between 2016 and 2020.
FTW - TECHNIK files the micro format. That format states no turnover. The gross margin rose from €7,157 in 2019 to €26,745 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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