HORECA KITCHEN TECHNICS
ActiveSummary
The computed 12-month bankruptcy probability of HORECA KITCHEN TECHNICS is 2.2% (moderate). The 2025 annual accounts show equity of €223,961 and a net result of €82,875. Equity is growing by ~54.6% per year across the filed fiscal years. Its solvency ranks better than 82% of 28281 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100▲+6
Growth78=
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity ample (current ratio 4.19 against 3.0 in 2024; short-term debt: 22.9% and cash: 2.9% of total assets), and 22.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
77.1%
Return on assets
28.5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
1 d early
2024
6 d late
2023
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 2 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 31 January (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€223,961▲ 58.7%
2024 · €141,086
Total assets
€290,341▲ 42.8%
2024 · €203,334
Net result
€82,875▲ 16.6%
2024 · €71,056
Working capital
€211,713▲ 70.4%
2024 · €124,234
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€86,459-€90,529▲ 4.7%€104,120▲ 15.0%
Net result€65,031above the sector's middle half-€71,056above the sector's middle half▲ 9.3%€82,875above the sector's middle half▲ 16.6%
Equity€70,031within the sector's middle half-€141,086above the sector's middle half▲ 101%€223,961above the sector's middle half▲ 58.7%
Total assets€157,474within the sector's middle half-€203,334within the sector's middle half▲ 29.1%€290,341within the sector's middle half▲ 42.8%
Debt€87,443-€62,247▼ 28.8%€66,380▲ 6.6%
Working capital€51,986within the sector's middle half-€124,234above the sector's middle half▲ 139%€211,713above the sector's middle half▲ 70.4%
Solvency44.5%within the sector's middle half-69.4%above the sector's middle half▲ 24.9pp77.1%above the sector's middle half▲ 7.8pp
Current ratio1.59within the sector's middle half-3.00within the sector's middle half▲ 1.404.19above the sector's middle half▲ 1.19
Return on assets (ROA)41.3%above the sector's middle half-34.9%above the sector's middle half▼ 6.4pp28.5%above the sector's middle half▼ 6.4pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 15% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €289,817
Fixed assets
€11,723 ▼ 27.3%
Current assets
€278,094 ▲ 49.1%
Equity and liabilities €290,341
Equity
€223,961 ▲ 58.7%
Debt
€66,380 ▲ 6.6%
Debt's share of the balance-sheet total falls from 30.6% to 22.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€111,959▲
2024 · €97,236
Cash flow
€90,714▲
2024 · €77,763
Quick ratio
4.18▲
2024 · 2.99
Debt to equity
0.30▼
2024 · 0.44
ROE
37.0%▼
2024 · 50.4%
Interest coverage
48.67▲
2024 · 37.18
Debt ≤ 1 year
€66,380▲
2024 · €62,247
Income taxes
€23,499▲
2024 · €18,307
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.8%
went bankrupt
2.3%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 39,278 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
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,010 | €6,707 | €7,839 | ▲ 16.9% |
| Other operating charges640/8 | €1,956 | €2,803 | €4,502 | ▲ 60.6% |
| Gross operating margin9900 | €91,426 | €100,039 | €116,461 | ▲ 16.4% |
| Operating profit (loss)9901 | €86,459 | €90,529 | €104,120 | ▲ 15.0% |
| Financial income75/76B | €708 | €1,449 | €4,555 | ▲ 214% |
| Recurring financial income75 | €708 | €1,449 | €4,555 | ▲ 214% |
| Financial charges65/66B | €200 | €2,616 | €2,300 | ▼ 12.0% |
| Recurring financial charges65 | €200 | €2,616 | €2,300 | ▼ 12.0% |
| Profit (loss) for the period before taxes9903 | €86,967 | €89,363 | €106,374 | ▲ 19.0% |
| Income taxes67/77 | €21,936 | €18,307 | €23,499 | ▲ 28.4% |
| Profit (loss) for the period9904 | €65,031 | €71,056 | €82,875 | ▲ 16.6% |
| Profit (loss) for the period to be appropriated9905 | €65,031 | €71,056 | €82,875 | ▲ 16.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €157,474 | €203,334 | €290,341 | ▲ 42.8% |
| Formation expenses20 | €947 | €736 | €525 | ▼ 28.7% |
| Fixed assets21/28 | €17,098 | €16,116 | €11,723 | ▼ 27.3% |
| Intangible fixed assets21 | - | - | €1,391 | - |
| Tangible fixed assets22/27 | €17,098 | €16,116 | €10,332 | ▼ 35.9% |
| Plant, machinery and equipment23 | €8,388 | €11,073 | €7,267 | ▼ 34.4% |
| Furniture and vehicles24 | €8,710 | €5,043 | €3,065 | ▼ 39.2% |
| Current assets29/58 | €139,430 | €186,482 | €278,094 | ▲ 49.1% |
| Amounts receivable after more than one year29 | €50,000 | €50,000 | €50,000 | = |
| Other amounts receivable291 | €50,000 | €50,000 | €50,000 | = |
| Stocks and contracts in progress3 | €680 | €603 | €741 | ▲ 22.8% |
| Stocks30/36 | €680 | €603 | €741 | ▲ 22.8% |
| Amounts receivable within one year40/41 | €55,637 | €92,710 | €215,882 | ▲ 133% |
| Trade receivables40 | €55,556 | €59,046 | €133,995 | ▲ 127% |
| Other amounts receivable41 | €81 | €33,664 | €81,887 | ▲ 143% |
| Cash at bank and in hand54/58 | €33,113 | €43,169 | €8,332 | ▼ 80.7% |
| Deferred charges and accrued income490/1 | - | - | €3,139 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €157,474 | €203,334 | €290,341 | ▲ 42.8% |
| Equity10/15 | €70,031 | €141,086 | €223,961 | ▲ 58.7% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | - | €71,056 | €218,961 | ▲ 208% |
| Distributable reserves133 | - | €71,056 | €218,961 | ▲ 208% |
| Profit (loss) carried forward14 | €65,031 | €65,031 | - | - |
| Amounts payable17/49 | €87,443 | €62,247 | €66,380 | ▲ 6.6% |
| Amounts payable within one year42/48 | €87,443 | €62,247 | €66,380 | ▲ 6.6% |
| Trade debts44 | €42,229 | €27,522 | €31,500 | ▲ 14.5% |
| Suppliers440/4 | €42,229 | €27,522 | €31,500 | ▲ 14.5% |
| Taxes, remuneration and social security45 | €32,923 | €34,725 | €34,881 | ▲ 0.4% |
| Taxes450/3 | €32,923 | €34,725 | €34,881 | ▲ 0.4% |
| Other amounts payable47/48 | €12,291 | - | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €65,031 | €71,056 | €82,875 | ▲ 16.6% |
| + Depreciation and write-downs630 | €3,010 | €6,707 | €7,839 | ▲ 16.9% |
| Operating cash flow (approximation) | €68,041 | €77,763 | €90,714 | ▲ 16.7% |
| Investment in fixed assets (approximation) | - | -€5,726 | -€3,446 | ▲ 39.8% |
| Change in cash | - | €10,056 | -€34,836 | ▼ 446% |
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
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2023net €82,875 ▲16.6%
Operating result €104,120, net result €82,875, both a record.
30-06
Financial
Equity above €200,000Eq €223,961 ▲58.7%
3 profitable years in a row build equity to €223,961.
06-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
30-06
Financial
Equity above €100,000Eq €141,086 ▲101%
2 profitable years in a row build equity to €141,086.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
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.
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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, Wevelgem · 1 establishment unit since 2022
Ground area
321 m²
Building footprint
83 m²
Volume, LiDAR
443 m³
Parcel 34302B0519/00B002, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HORECA KITCHEN TECHNICS
since 20222.338.154.316
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34302B0519/00B002 | Flanders | 321 m² | 1 · 83 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,829 companies in sector 43211 we hold annual accounts for 10,334. 8,101 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
Founded09-11-2022
Fiscal year end30-06
Activities, NACEBEL 2025
43211General electrical installation work
43212Electrical installation work in industrial facilities
46431Wholesale of electrical household appliances and audio-video equipment
82990Other business support services
Contact
E-mail
info@horeca-kt.be
Phone
0470844839
E-invoicing
Reachable via Peppol
Peppol ID
0208:0793421891
Also
9925:BE0793421891
Registered
02-09-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.