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High Technology

Active
Private limited companyfounded 2025active for 1 yearStationsstraat 36, 3381 Glabbeek, BelgiumKBO/BCE: BE 1021.286.769

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 27-05-2026 at the NBB

Turnover
≈ €210,000
Estimated: probably between €130,000 and €330,000
Total assets
€82,985
Net result
€38,044
Working capital
€33,691

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €82,985
Fixed assets €28,837
Current assets €54,148
Equity and liabilities €82,985
Equity €40,544
Debt €42,441
Debt's share of the balance-sheet total is 51.1%.
Key figures and ratios
2025 value
EBITDA
€53,321
Cash flow
€42,611
Current ratio
2.65
Debt to equity
1.05
ROE
93.8%
ROA
45.8%
Interest coverage
29.52
Debt ≤ 1 year
€20,457
Debt > 1 year
€21,984
Income taxes
€8,920

Investments

fixed assets acquired
Item2025
Tangible fixed assets€33,404
Depreciation and write-downs of the year€4,567

Source: notes to the 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€82,985
Fixed assets21/28€28,837
Tangible fixed assets22/27€28,837
Plant, machinery and equipment23€2,605
Leasing and similar rights25€26,232
Current assets29/58€54,148
Amounts receivable within one year40/41€45,686
Trade receivables40€37,330
Other amounts receivable41€8,356
Cash at bank and in hand54/58€8,462
Equity and liabilities
Total equity and liabilities10/49€82,985
Equity10/15€40,544
Contributions10/11€2,500
Profit (loss) carried forward14€38,044
Amounts payable17/49€42,441
Amounts payable after more than one year17€21,984
Financial debts170/4€21,984
Amounts payable within one year42/48€20,457
Current portion of amounts payable after more than one year42€4,970
Trade debts44€8,403
Suppliers440/4€8,403
Other amounts payable47/48€7,084
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,567
Other operating charges640/8€223
Gross operating margin9900€53,544
Operating profit (loss)9901€48,754
Financial income75/76B€17
Recurring financial income75€17
Financial charges65/66B€1,807
Recurring financial charges65€1,807
Profit (loss) for the period before taxes9903€46,964
Income taxes67/77€8,920
Profit (loss) for the period9904€38,044
Profit (loss) for the period to be appropriated9905€38,044
Appropriation of the result
Profit (loss) to be appropriated9906€38,044

The notes to these accounts have 6 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 27-05-2026.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,567
Other operating charges640/8€223
Gross operating margin9900€53,544
Operating profit (loss)9901€48,754
Financial income75/76B€17
Recurring financial income75€17
Financial charges65/66B€1,807
Recurring financial charges65€1,807
Profit (loss) for the period before taxes9903€46,964
Income taxes67/77€8,920
Profit (loss) for the period9904€38,044
Profit (loss) for the period to be appropriated9905€38,044
Line2025
Assets
Total assets20/58€82,985
Fixed assets21/28€28,837
Tangible fixed assets22/27€28,837
Plant, machinery and equipment23€2,605
Leasing and similar rights25€26,232
Current assets29/58€54,148
Amounts receivable within one year40/41€45,686
Trade receivables40€37,330
Other amounts receivable41€8,356
Cash at bank and in hand54/58€8,462
Equity and liabilities
Total equity and liabilities10/49€82,985
Equity10/15€40,544
Contributions10/11€2,500
Profit (loss) carried forward14€38,044
Amounts payable17/49€42,441
Amounts payable after more than one year17€21,984
Financial debts170/4€21,984
Amounts payable within one year42/48€20,457
Current portion of amounts payable after more than one year42€4,970
Trade debts44€8,403
Suppliers440/4€8,403
Other amounts payable47/48€7,084
Line2025
Profit (loss) for the period9904€38,044
+ Depreciation and write-downs630€4,567
Operating cash flow (approximation)€42,611

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 11,279 companies had the same profile as High Technology has now. Two years later, 96.6% were still going and 0.7% had gone bankrupt.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
96.6% was still going
2.6% stopped otherwise
0.7% went bankrupt

The bankruptcy probability of High Technology itself is higher: 2.0% within 12 months. It rests on far more data about High Technology than the profile alone.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the 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%

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 11,279 companies, not a prediction for High Technology. 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.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 27-05-2026 2026-00121628 PDF

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