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HORECA TECHNICS

Active
Private limited companyfounded 200521 yrs activeLeuvensesteenweg 79, 3191 Boortmeerbeek, BelgiumKBO/BCE: BE 0871.391.580

HORECA TECHNICS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.23M and a net result of €217k. Equity is growing by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 3539 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
93 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability90▲+12
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 15.38 against 16.71 in 2023; short-term debt: 5.7% and cash: 38.5% of total assets), and 5.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 21 years 0 30 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← 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 2024
Solvency, return and age of the figures
Solvency
94.3%
Return on assets
16.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
60 d late
2023
61 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
89 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€1.23M▲ 21.5%
2023 · €1.01M
2018: €721k 2019: €805k 2020: €842k 2021: €914k 2022: €933k 2023: €1.01M
2018 → 2024
Total assets
€1.30M▲ 22.6%
2023 · €1.06M
2018: €927k 2019: €928k 2020: €937k 2021: €1.01M 2022: €1.00M 2023: €1.06M
2018 → 2024
Net result
€217k▲ 186%
2023 · €76k
2018: €83k 2019: €84k 2020: €36k 2021: €73k 2022: €19k 2023: €76k
2018 → 2024
Working capital
€1.08M▲ 29.8%
2023 · €828k
2018: €616k 2019: €699k 2020: €713k 2021: €801k 2022: €809k 2023: €828k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€842k-€914k▲ 8.6%€933k▲ 2.0%€1.01M▲ 8.2%€1.23M▲ 21.5%
Operating result€43k-€51k▲ 20.4%€64k▲ 24.0%€124k▲ 93.7%€296k▲ 140%
Net result€36k-€73k▲ 101%€19k▼ 74.3%€76k▲ 309%€217k▲ 186%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200k€300kOperating result 2020: €43k€43kNet result 2020: €36k€36kOperating result 2021: €51k€51kNet result 2021: €73k€73kOperating result 2022: €64k€64kNet result 2022: €19k€19kOperating result 2023: €124k€124kNet result 2023: €76k€76kOperating result 2024: €296k€296kNet result 2024: €217k€217k20202021202220232024
The operating result has risen four years in a row; 2024 is 140% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.30M
Fixed assets €151k▼ 16.4%
Current assets €1.15M▲ 30.6%
Equity and liabilities €1.30M
Equity €1.23M▲ 21.5%
Debt €75k▲ 41.8%
The debt ratio rises from 5.0% to 5.7%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€329k
2023 · €147k
Cash flow
€249k
2023 · €100k
Solvency
94.3%
2023 · 95.0%
Current ratio
15.38
2023 · 16.71
Quick ratio
14.91
2023 · 16.04
Debt / equity
0.06
2023 · 0.05
ROE
17.7%
2023 · 7.5%
ROA
16.7%
2023 · 7.2%
Interest coverage
264.74
2023 · 50.65
Debt
€75k
2023 · €53k
Debt ≤ 1 year
€75k
2023 · €53k
Income taxes
€77k
2023 · €27k
Staff costs
€46k
2023 · €35k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€1.06M€1.30M
Fixed assets21/28€181k€151k
Tangible fixed assets22/27€181k€151k
Land and buildings22€114k€98k
Plant, machinery and equipment23€12k€10k
Furniture and vehicles24€55k€43k
Current assets29/58€881k€1.15M
Stocks and contracts in progress3€35k€35k=
Stocks30/36€35k€35k=
Amounts receivable within one year40/41€37k€84k
Trade receivables40€37k€84k
Other amounts receivable41€343€108
Current investments50/53€529k€529k=
Cash at bank and in hand54/58€279k€501k
Deferred charges and accrued income490/1€533€562
Equity and liabilities
Total equity and liabilities10/49€1.06M€1.30M
Equity10/15€1.01M€1.23M
Contributions10/11€19k€19k=
Reserves13€990k€1.21M
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€988k€1.21M
Amounts payable17/49€53k€75k
Amounts payable within one year42/48€53k€75k
Current portion of amounts payable after more than one year42€8k-
Trade debts44€14k€49k
Suppliers440/4€14k€49k
Advances received on contracts in progress46-€1k
Taxes, remuneration and social security45€16k€10k
Taxes450/3€11k€3k
Remuneration and social security454/9€5k€7k
Other amounts payable47/48€15k€14k
Income statement Code20232024
Remuneration, social security and pensions62€35k€46k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€32k
Other operating charges640/8€4k€11k
Gross operating margin9900€186k€385k
Operating profit (loss)9901€124k€296k
Financial income75/76B€190€282
Recurring financial income75€190€282
Financial charges65/66B€20k€2k
Recurring financial charges65€3k€1k
Non-recurring financial charges66B€18k€860
Profit (loss) for the period before taxes9903€103k€295k
Income taxes67/77€27k€77k
Profit (loss) for the period9904€76k€217k
Profit (loss) for the period to be appropriated9905€76k€217k
Appropriation of the result
Profit (loss) to be appropriated9906€76k€217k
Transfer to equity691/2€76k€217k
To other reserves6921€76k€217k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
29-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial Highest result since 2018net €217k ▲186%
Operating result €296k, net result €217k, both a record.
30-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial Equity above €1MEq €1.01M ▲8.2%
6 profitable years in a row build equity to €1.01M.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial Weakest financial yearnet €19k ▼74.3%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
28-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 89 days late
2019
31-12
Financial Liquidity doublescurrent ratio 16.15
Current ratio from 7.13 to 16.15; short-term debt falls from €100k to €46k.
29-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
28-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
29-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Boortmeerbeek · 2 establishment units since 2005
establishment approximate All 2 establishment units on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Leuvensesteenweg 793191 Boortmeerbeek
Ground area
4.5 ha
Building footprint
463 m²
2 parcels, Flanders. Linked by address, not a title deed.
2 establishment units
Horeca Technics
Leuvensesteenweg 79, 3191 BoortmeerbeekNACE 5272001
since 20052.145.502.517
Zellaerdreef 1, 2820 Bonheiden
Guest rooms (bed and breakfast)
since 20212.318.487.268
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12005B0456/00A000 Flanders 4.3 ha - -
24039A0232/00F000 Flanders 2,225 m² 1 · 463 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Bonheiden2.318.487.268
1 permission
Toelating · Eetgelegenheid · since 01-05-2025

Legal Entity Identifier

8755007UYOM1X6JU3A28
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 407 companies in sector 95210 we hold annual accounts for 116. 50 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded24-01-2005
Fiscal year end31-12
Activities, NACEBEL
46641Wholesale trade
52720
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
43211General electrical installation work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
Phone:0465/231432
Establishment Boortmeerbeek 2.145.502.517