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FV-TECHNICS

Active
Private limited companyfounded 2018active for 8 yearsSmeetshofweg 120, 3990 Peer, BelgiumKBO/BCE: BE 0707.995.674

From the official registers: KBO 7 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

FV-TECHNICS has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20,460 and a net result of -€28,157. Equity is growing by about 28% per year across the filed financial years. Its solvency ranks better than 21% of 1,682 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
25-06-2026
Format
micro format
Reference
2026-00197465
Turnover
≈ €8,100
Estimated: probably between €3,700 and €19,000
Total assets
€109,051▼ 35.8%
2024 · €169,820
Net result
-€28,157
2024 · €18,965
Working capital
€11,064▼ 88.4%
2024 · €95,516
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result turns negative in 2025: a loss of €6,684 after €19,044 in 2024, the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€6,684 2025 Net result-€28,157 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 33, Repair, maintenance and installation of machinery and equipment: 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).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€10,838--€6,648€32,807€48,369▲ 47.4%€78,688▲ 62.7%€19,044▼ 75.8%-€6,684
Net result€10,644--€9,562below the sector's middle half€32,349within the sector's middle half€45,451above the sector's middle half▲ 40.5%€69,069above the sector's middle half▲ 52.0%€18,965within the sector's middle half▼ 72.5%-€28,157below the sector's middle half
Equity€29,244-€19,683within the sector's middle half▼ 32.7%€52,032within the sector's middle half▲ 164%€97,482within the sector's middle half▲ 87.4%€89,551within the sector's middle half▼ 8.1%€108,516within the sector's middle half▲ 21.2%€20,460within the sector's middle half▼ 81.1%
Total assets€46,976-€41,385below the sector's middle half▼ 11.9%€81,847within the sector's middle half▲ 97.8%€133,120within the sector's middle half▲ 62.6%€320,655above the sector's middle half▲ 141%€169,820within the sector's middle half▼ 47.0%€109,051within the sector's middle half▼ 35.8%
Debt€17,732-€21,702▲ 22.4%€29,815▲ 37.4%€35,638▲ 19.5%€231,104▲ 548%€61,304▼ 73.5%€88,591▲ 44.5%
Working capital€29,267-€14,982within the sector's middle half▼ 48.8%€46,606within the sector's middle half▲ 211%€65,373within the sector's middle half▲ 40.3%€38,355within the sector's middle half▼ 41.3%€95,516above the sector's middle half▲ 149%€11,064within the sector's middle half▼ 88.4%
Solvency62.3%-47.6%within the sector's middle half▼ 14.7pp63.6%within the sector's middle half▲ 16.0pp73.2%above the sector's middle half▲ 9.7pp27.9%within the sector's middle half▼ 45.3pp63.9%within the sector's middle half▲ 36.0pp18.8%below the sector's middle half▼ 45.1pp
Current ratio2.65-1.70within the sector's middle half▼ 0.952.59within the sector's middle half▲ 0.892.83within the sector's middle half▲ 0.241.17within the sector's middle half▼ 1.672.56within the sector's middle half▲ 1.391.12within the sector's middle half▼ 1.44
Return on assets (ROA)22.7%--23.1%below the sector's middle half▼ 45.8pp39.5%above the sector's middle half▲ 62.6pp34.1%above the sector's middle half▼ 5.4pp21.5%within the sector's middle half▼ 12.6pp11.2%within the sector's middle half▼ 10.4pp-25.8%below the sector's middle half▼ 37.0pp
above within below the middle half of NACE 33, Repair, maintenance and installation of machinery and equipment: 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.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €109,051
Fixed assets €9,396 ▼ 28.3%
Current assets €99,654 ▼ 36.4%
Equity and liabilities €109,051
Equity €20,460 ▼ 81.1%
Debt €88,591 ▲ 44.5%
Debt's share of the balance-sheet total rises from 36.1% to 81.2%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€448▼
2024 · €24,742
Cash flow
-€21,024▼
2024 · €24,663
Debt to equity
4.33▲
2024 · 0.56
ROE
-137.6%▼
2024 · 17.5%
Interest coverage
0.17▼
2024 · over 100
Debt ≤ 1 year
€88,591▲
2024 · €61,204
Income taxes
€21,779
Staff costs
€73▲
2024 · €56
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,133 companies that looked in July 2024 the way this one looks now, 6.4% went bankrupt within 24 months and 86.4% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
6.4% went bankrupt
6.6% stopped otherwise
86.4% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.5% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

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 1,133 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 25-06-2026.

Balance sheet Code20242025
Assets
Total assets20/58€169,820€109,051▼
Fixed assets21/28€13,101€9,396▼
Tangible fixed assets22/27€13,101€9,396▼
Plant, machinery and equipment23€868-
Furniture and vehicles24€12,233€9,396▼
Current assets29/58€156,720€99,654▼
Amounts receivable within one year40/41€20,835€9,008▼
Trade receivables40€20,761€7,381▼
Other amounts receivable41€74€1,627▲
Cash at bank and in hand54/58€112,808€88,950▼
Deferred charges and accrued income490/1€23,077€1,697▼
Equity and liabilities
Total equity and liabilities10/49€169,820€109,051▼
Equity10/15€108,516€20,460▼
Contributions10/11€18,600€18,600=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14€88,056-
Amounts payable17/49€61,304€88,591▲
Amounts payable within one year42/48€61,204€88,591▲
Trade debts44€10,525€959▼
Suppliers440/4€10,525€959▼
Advances received on contracts in progress46€26,717-
Taxes, remuneration and social security45€8€6▼
Taxes450/3€8-
Remuneration and social security454/9-€6
Other amounts payable47/48€23,955€87,626▲
Accrued charges and deferred income492/3€100-
Income statement Code20242025
Non-recurring operating income76A€4,959-
Remuneration, social security and pensions62€56€73▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,698€7,133▲
Other operating charges640/8€510€536▲
Gross operating margin9900€25,309€1,057▼
Operating profit (loss)9901€19,044-€6,684▼
Financial income75/76B€9€2,986▲
Recurring financial income75€9€0▼
Non-recurring financial income76B-€2,986
Financial charges65/66B€89€2,679▲
Recurring financial charges65€89€2,679▲
Profit (loss) for the period before taxes9903€18,965-€6,377▼
Income taxes67/77-€21,779
Profit (loss) for the period9904€18,965-€28,157▼
Profit (loss) for the period to be appropriated9905€18,965-€28,157▼
Appropriation of the result
Profit (loss) to be appropriated9906€88,056€59,900▼
Profit (loss) brought forward from the previous period14P€69,091€88,056▲
Profit to be distributed694/7-€59,900
Return on contributions (dividend)694-€59,900

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line2019202020212022202320242025Change
Non-recurring operating income76A-----€4,959--
Remuneration, social security and pensions62---€489€729€56€73▲ 30.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,586€2,479€3,347€5,986€2,291€5,698€7,133▲ 25.2%
Other operating charges640/8--€1,128€1,468€1,035€510€536▲ 5.0%
Gross operating margin9900€14,697-€2,811€37,282€56,313€82,743€25,309€1,057▼ 95.8%
Operating profit (loss)9901€10,838-€6,648€32,807€48,369€78,688€19,044-€6,684-
Financial income75/76B--€43€0€892€9€2,986▲ 331×
Recurring financial income75-€5€43€0€117€9€0▼ 99.8%
Non-recurring financial income76B----€775-€2,986-
Financial charges65/66B--€502€373€226€89€2,679▲ 30×
Recurring financial charges65€193€657€502€373€226€89€2,679▲ 30×
Profit (loss) for the period before taxes9903€10,644-€7,301€32,349€47,996€79,354€18,965-€6,377-
Income taxes67/77-€2,261-€2,545€10,285-€21,779-
Profit (loss) for the period9904€10,644-€9,562€32,349€45,451€69,069€18,965-€28,157-
Profit (loss) for the period to be appropriated9905€10,644-€9,562€32,349€45,451€69,069€18,965-€28,157-
Line2019202020212022202320242025Change
Assets
Total assets20/58€46,976€41,385€81,847€133,120€320,655€169,820€109,051▼ 35.8%
Fixed assets21/28-€4,959€5,951€32,110€51,196€13,101€9,396▼ 28.3%
Tangible fixed assets22/27-€4,959€5,951€32,110€51,196€13,101€9,396▼ 28.3%
Plant, machinery and equipment23--€3,472€2,604€1,736€868--
Furniture and vehicles24--€2,479€29,506€49,460€12,233€9,396▼ 23.2%
Current assets29/58€46,976€36,427€75,896€101,010€269,459€156,720€99,654▼ 36.4%
Amounts receivable within one year40/41€5,467€2,163€18,213€31,540€10,216€20,835€9,008▼ 56.8%
Trade receivables40--€18,182€31,540€10,216€20,761€7,381▼ 64.4%
Other amounts receivable41--€31--€74€1,627▲ 22×
Current investments50/53€41,510-------
Cash at bank and in hand54/58-€34,264€57,682€69,470€201,073€112,808€88,950▼ 21.1%
Deferred charges and accrued income490/1----€58,170€23,077€1,697▼ 92.6%
Equity and liabilities
Total equity and liabilities10/49€46,976€41,385€81,847€133,120€320,655€169,820€109,051▼ 35.8%
Equity10/15€29,244€19,683€52,032€97,482€89,551€108,516€20,460▼ 81.1%
Contributions10/11€18,600-€18,600€18,600€18,600€18,600€18,600=
Contributions outside capital11--€18,600-----
Other1109/19--€18,600-----
Reserves13€1,860€1,860€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1--€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311--€1,860€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14€8,784-€777€31,572€77,022€69,091€88,056--
Amounts payable17/49€17,732€21,702€29,815€35,638€231,104€61,304€88,591▲ 44.5%
Amounts payable within one year42/48€17,709€21,444€29,290€35,638€231,104€61,204€88,591▲ 44.7%
Trade debts44€1,271€4,333€7,064€11,539€129,261€10,525€959▼ 90.9%
Suppliers440/4--€7,064€11,539€129,261€10,525€959▼ 90.9%
Advances received on contracts in progress46-----€26,717--
Taxes, remuneration and social security45--€3,223€5,290€10,990€8€6▼ 25.1%
Taxes450/3--€3,223€5,290€5,462€8--
Remuneration and social security454/9----€5,528-€6-
Other amounts payable47/48--€19,003€18,809€90,853€23,955€87,626▲ 266%
Accrued charges and deferred income492/3--€526--€100--
Line2019202020212022202320242025Change
Profit (loss) for the period9904€10,644-€9,562€32,349€45,451€69,069€18,965-€28,157-
+ Depreciation and write-downs630€2,586€2,479€3,347€5,986€2,291€5,698€7,133▲ 25.2%
Operating cash flow (approximation)€13,230-€7,082€35,696€51,437€71,360€24,663-€21,024-
Investment in fixed assets (approximation)---€4,340-€32,145-€21,378€32,398-€3,429-
Change in cash--€23,418€11,788€131,603-€88,266-€23,858▲ 73.0%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (7)
Financial year Type Filed Reference Document
31-12-2025 micro format 25-06-2026 2026-00197465 NBB
31-12-2024 micro format 19-08-2025 2025-00382376 PDF
31-12-2023 micro format 23-08-2024 2024-00363350 PDF
31-12-2022 micro format 31-08-2023 2023-00383998 PDF
31-12-2021 micro format 31-08-2022 2022-20384883 PDF
31-12-2020 micro format 31-08-2021 2021-65900406 PDF
31-12-2019 micro format 21-11-2020 2020-72000035 PDF

Similar companies · same sector, comparable size

Of the 3,712 active companies whose main activity is repair and maintenance of machinery (NACE 33120), figures are known for 1,409. 923 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.