HIGH TECH CONSTRUCTION
ActiveSummary
The computed 12-month bankruptcy probability of HIGH TECH CONSTRUCTION is 4.2% (elevated). The 2025 annual accounts show negative equity (€-15k) and a net result of €-36k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 27965 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-75
Solvency3▼-86
Growth55▼-30
Track record94
Bankruptcy probability, 12 months
4.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.74 against 2.78 in 2024; short-term debt: 121.7% and cash: 71.1% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-21.7%
Return on assets
-54.2%
Age of the figures
18 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year €-15k
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 14-11-2025, 14 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 · 4 filingsDeviation from the deadline
2025
14 d late
2024
on the day
2023
365 d late
2022
17 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Turnover
€108k▼ 31.6%
2024 · €158k
2022: €62klowest value
2024: €158khighest value
2025: €108k▼ -31.6% vs 2024
2022 → 2025
EBIT margin
-33.3%▼ 37.0pp
2024 · 3.7%
2022: 4.1%highest value
2024: 3.7%
2025: -33.3%▼ -991% vs 2024lowest value
2022 → 2025
Net result
€-36k
2024 · €7k
2022: €2k
2023: €8k▲ +276% vs 2022highest in 4 years
2024: €7k▼ -4.7% vs 2023
2025: €-36k▼ -609% vs 2024lowest in 4 years
2022 → 2025
Working capital
€-21k
2024 · €23k
2022: €7k
2023: €15k▲ +121% vs 2022
2024: €23k▲ +52.4% vs 2023highest in 4 years
2025: €-21k▼ -195% vs 2024lowest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Turnover€62k-€158k€108k▼ 31.6%
2022: €62klowest value
2024: €158khighest value
2025: €108k▼ -31.6% vs 2024
Equity€8k-€16k▲ 94.0%€23k▲ 46.2%€-15k
2022: €8k
2023: €16k▲ +94.0% vs 2022
2024: €23k▲ +46.2% vs 2023highest in 4 years
2025: €-15k▼ -164% vs 2024lowest in 4 years
Operating result€3k-€10k▲ 298%€6k▼ 41.8%€-36k
2022: €3k
2023: €10k▲ +298% vs 2022highest in 4 years
2024: €6k▼ -41.8% vs 2023
2025: €-36k▼ -709% vs 2024lowest in 4 years
Net result€2k-€8k▲ 276%€7k▼ 4.7%€-36k
2022: €2k
2023: €8k▲ +276% vs 2022highest in 4 years
2024: €7k▼ -4.7% vs 2023
2025: €-36k▼ -609% vs 2024lowest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €36k after €6k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €67k
Fixed assets
€7k ▲ 3,905%
Current assets
€61k ▲ 72.4%
Key figures and ratios
EBITDA
€-35k▼
2024 · €6k
Cash flow
€-36k▼
2024 · €8k
Solvency
-21.7%▼
2024 · 64.3%
Current ratio
0.74▼
2024 · 2.78
Quick ratio
0.65▼
2024 · 2.78
Debt to equity
-5.61▼
2024 · 0.56
ROA
-54.2%▼
2024 · 20.3%
Interest coverage
-50.14▼
2024 · 19.14
Debt
€82k▲
2024 · €13k
Debt ≤ 1 year
€82k▲
2024 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€35k€67k▲
Fixed assets21/28€169€7k▲
Tangible fixed assets22/27€169€7k▲
Plant, machinery and equipment23€169€593▲
Furniture and vehicles24-€6k
Current assets29/58€35k€61k▲
Stocks and contracts in progress3-€7k
Stocks30/36-€7k
Amounts receivable within one year40/41€33k€5k▼
Trade receivables40€3k€4k▲
Other amounts receivable41€31k€2k▼
Cash at bank and in hand54/58€2k€48k▲
Equity and liabilities
Total equity and liabilities10/49€35k€67k▲
Equity10/15€23k€-15k▼
Contributions10/11€6k€6k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Profit (loss) carried forward14€15k€-22k▼
Amounts payable17/49€13k€82k▲
Amounts payable within one year42/48€13k€82k▲
Current portion of amounts payable after more than one year42-€6k
Trade debts44€3k€4k▲
Suppliers440/4€3k€4k▲
Advances received on contracts in progress46-€62k
Taxes, remuneration and social security45€9k€9k▼
Taxes450/3€4k€6k▲
Remuneration and social security454/9€6k€3k▼
Other amounts payable47/48-€580
Income statement
Code20242025
Turnover70€158k€108k▼
Goods, raw materials, services and sundry goods60/61€151k€143k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€576€420▼
Other operating charges640/8€384€378▼
Gross operating margin9900€7k€-35k▼
Operating profit (loss)9901€6k€-36k▼
Financial income75/76B€4€108▲
Recurring financial income75€4€108▲
Financial charges65/66B€338€707▲
Recurring financial charges65€338€707▲
Profit (loss) for the period before taxes9903€6k€-36k▼
Income taxes67/77€-2k-
Profit (loss) for the period9904€7k€-36k▼
Profit (loss) for the period to be appropriated9905€7k€-36k▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€-22k▼
Profit (loss) brought forward from the previous period14P€8k€15k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Turnover70 | €62k | - | €158k | €108k | ▼ 31.6% |
| Goods, raw materials, services and sundry goods60/61 | €59k | - | €151k | €143k | ▼ 5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €407 | €576 | €576 | €420 | ▼ 27.1% |
| Other operating charges640/8 | €348 | €348 | €384 | €378 | ▼ 1.6% |
| Gross operating margin9900 | €3k | €11k | €7k | €-35k | ▼ 612% |
| Operating profit (loss)9901 | €3k | €10k | €6k | €-36k | ▼ 709% |
| Financial income75/76B | €0 | €41 | €4 | €108 | ▲ 2,530% |
| Recurring financial income75 | €0 | €41 | €4 | €108 | ▲ 2,530% |
| Financial charges65/66B | €42 | €439 | €338 | €707 | ▲ 109% |
| Recurring financial charges65 | €42 | €439 | €338 | €707 | ▲ 109% |
| Profit (loss) for the period before taxes9903 | €2k | €10k | €6k | €-36k | ▼ 757% |
| Income taxes67/77 | €496 | €2k | €-2k | - | - |
| Profit (loss) for the period9904 | €2k | €8k | €7k | €-36k | ▼ 609% |
| Profit (loss) for the period to be appropriated9905 | €2k | €8k | €7k | €-36k | ▼ 609% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €10k | €33k | €35k | €67k | ▲ 90.8% |
| Fixed assets21/28 | €1k | €745 | €169 | €7k | ▲ 3,905% |
| Tangible fixed assets22/27 | €1k | €745 | €169 | €7k | ▲ 3,905% |
| Plant, machinery and equipment23 | €1k | €745 | €169 | €593 | ▲ 251% |
| Furniture and vehicles24 | - | - | - | €6k | - |
| Current assets29/58 | €9k | €33k | €35k | €61k | ▲ 72.4% |
| Stocks and contracts in progress3 | - | - | - | €7k | - |
| Stocks30/36 | - | - | - | €7k | - |
| Amounts receivable within one year40/41 | €9k | €32k | €33k | €5k | ▼ 83.5% |
| Trade receivables40 | €616 | €8k | €3k | €4k | ▲ 38.4% |
| Other amounts receivable41 | €8k | €24k | €31k | €2k | ▼ 94.6% |
| Cash at bank and in hand54/58 | €68 | €663 | €2k | €48k | ▲ 2,552% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €10k | €33k | €35k | €67k | ▲ 90.8% |
| Equity10/15 | €8k | €16k | €23k | €-15k | ▼ 164% |
| Contributions10/11 | €6k | €6k | €6k | €6k | = |
| Capital10 | €6k | - | - | - | - |
| Issued capital100 | €6k | - | - | - | - |
| Outside capital11 | - | €6k | - | - | - |
| Other1109/19 | - | €6k | - | - | - |
| Reserves13 | €600 | €1k | €1k | €1k | = |
| Non-distributable reserves130/1 | €600 | €1k | €1k | €1k | = |
| Reserves not available under the articles1311 | €600 | €1k | €1k | €1k | = |
| Profit (loss) carried forward14 | €1k | €8k | €15k | €-22k | ▼ 241% |
| Amounts payable17/49 | €2k | €18k | €13k | €82k | ▲ 550% |
| Amounts payable within one year42/48 | €2k | €18k | €13k | €82k | ▲ 550% |
| Current portion of amounts payable after more than one year42 | - | - | - | €6k | - |
| Trade debts44 | €1k | €13k | €3k | €4k | ▲ 17.5% |
| Suppliers440/4 | €1k | €13k | €3k | €4k | ▲ 17.5% |
| Advances received on contracts in progress46 | - | - | - | €62k | - |
| Taxes, remuneration and social security45 | €496 | €4k | €9k | €9k | ▼ 2.8% |
| Taxes450/3 | €496 | €4k | €4k | €6k | ▲ 52.4% |
| Remuneration and social security454/9 | - | - | €6k | €3k | ▼ 38.3% |
| Other amounts payable47/48 | - | - | - | €580 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €8k | €7k | €-36k | ▼ 609% |
| + Depreciation and write-downs630 | €407 | €576 | €576 | €420 | ▼ 27.1% |
| Operating cash flow (approximation) | €2k | €8k | €8k | €-36k | ▼ 566% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-7k | - |
| Change in cash | - | €595 | €1k | €46k | ▲ 3,931% |
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
2025
14-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 14 days late
31-03
Financial
Weakest financial yearnet €-36k
Net result drops to €-36k, the lowest in the series.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 365 days late
2023
31-03
Financial
Highest result since 2022net €8k ▲276%
Operating result €10k, net result €8k, both a record.
2022
17-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Kraainem · 1 establishment unit since 2021
Ground area
3,919 m²
Parcel 22002C0074/00D006, Flanders. Linked by address, not a title deed.
1 establishment unit
HIGH TECH CONSTRUCTION
since 20212.318.735.807
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002C0074/00D006indicative | Flanders | 3,919 m² | - | - |
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
MGD Industries
BE 0556.733.973
Gent · Eq €22,643
ABM PROJECT
BE 0724.736.290
Sint-Pieters-Leeuw · Eq €22,929
TGL PEETERS
BE 0801.824.764
Kampenhout · Eq €23,374
HAKKONSTRUCT
BE 1022.257.759
Charleroi · Eq €21,944
I&T actief
BE 0779.406.183
Gent · Eq €21,802
Of 1,365 companies in sector 43110 we hold annual accounts for 635. 406 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-06-2021
Fiscal year end31-03
Abbreviation NL
HTC
Activities, NACEBEL 2025
43110Demolition
43120Site preparation
43211General electrical installation work
43221Plumbing work
47120Other non-specialised retail sale
Scores and ratios are computed by Checked and are not a credit decision.