HTEG
ActiveSummary
HTEG has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €101,748 and a net result of -€25,366. Equity is growing by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 76% of 9743 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-82
Solvency100▲+6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 5.22 against 3.02 in 2024; short-term debt: 10.1% and cash: 6.7% of total assets), and 21.8% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
78.2%
Return on assets
-19.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
3 d early
2023
33 d early
2022
18 d early
2021
1 d early
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 4 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 13 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€101,748▼ 20.0%
2024 · €127,114
Total assets
€130,084▼ 29.1%
2024 · €183,596
Net result
-€25,366
2024 · €19,708
Working capital
€55,260▼ 29.2%
2024 · €78,042
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. 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 fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€14,110▼ 60.1%€13,190▼ 6.5%€27,287▲ 107%€31,387▲ 15.0%-€21,220
Net result€8,531within the sector's middle half▼ 64.8%€7,475within the sector's middle half▼ 12.4%€19,067within the sector's middle half▲ 155%€19,708within the sector's middle half▲ 3.4%-€25,366below the sector's middle half
Equity€96,460within the sector's middle half▲ 9.7%€103,134within the sector's middle half▲ 6.9%€121,402within the sector's middle half▲ 17.7%€127,114within the sector's middle half▲ 4.7%€101,748within the sector's middle half▼ 20.0%
Total assets€136,559within the sector's middle half▼ 2.1%€157,517within the sector's middle half▲ 15.3%€169,187within the sector's middle half▲ 7.4%€183,596within the sector's middle half▲ 8.5%€130,084within the sector's middle half▼ 29.1%
Debt€40,099▼ 22.3%€54,383▲ 35.6%€47,786▼ 12.1%€56,481▲ 18.2%€28,336▼ 49.8%
Working capital€28,927within the sector's middle half▲ 270%€5,263below the sector's middle half▼ 81.8%€54,690within the sector's middle half▲ 939%€78,042within the sector's middle half▲ 42.7%€55,260within the sector's middle half▼ 29.2%
Solvency70.6%within the sector's middle half▲ 7.6pp65.5%within the sector's middle half▼ 5.2pp71.8%within the sector's middle half▲ 6.3pp69.2%within the sector's middle half▼ 2.5pp78.2%above the sector's middle half▲ 9.0pp
Current ratio1.72within the sector's middle half▲ 0.571.10below the sector's middle half▼ 0.622.99within the sector's middle half▲ 1.883.02within the sector's middle half▲ 0.045.22above the sector's middle half▲ 2.20
Return on assets (ROA)6.2%within the sector's middle half▼ 11.1pp4.7%within the sector's middle half▼ 1.5pp11.3%within the sector's middle half▲ 6.5pp10.7%within the sector's middle half▼ 0.5pp-19.5%below the sector's middle half▼ 30.2pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, 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 turns negative in 2025: a loss of €21,220 after €31,387 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €130,084
Fixed assets
€61,744 ▼ 7.8%
Current assets
€68,341 ▼ 41.4%
Equity and liabilities €130,084
Equity
€101,748 ▼ 20.0%
Debt
€28,336 ▼ 49.8%
Debt's share of the balance-sheet total falls from 30.8% to 21.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€14,514▼
2024 · €45,299
Cash flow
-€18,661▼
2024 · €33,620
Debt to equity
0.28▼
2024 · 0.44
ROE
-24.9%▼
2024 · 15.5%
Interest coverage
-3.66▼
2024 · 11.92
Debt ≤ 1 year
€13,081▼
2024 · €38,605
Debt > 1 year
€15,255▼
2024 · €17,877
Income taxes
€257▼
2024 · €7,970
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,834 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 85% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.7%
went bankrupt
13%
stopped otherwise
85%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% 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 497,341 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% | 1.8% |
| 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% 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 5,834 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €1,815 | €23,176 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,343 | €13,703 | €18,310 | €13,912 | €6,706 | ▼ 51.8% |
| Other operating charges640/8 | €1,375 | €1,753 | €1,575 | €2,584 | €1,857 | ▼ 28.1% |
| Gross operating margin9900 | €29,828 | €28,645 | €47,172 | €47,883 | -€12,657 | ▼ 126% |
| Operating profit (loss)9901 | €14,110 | €13,190 | €27,287 | €31,387 | -€21,220 | ▼ 168% |
| Financial income75/76B | €0 | €114 | €968 | €92 | €77 | ▼ 16.4% |
| Recurring financial income75 | €0 | €114 | €968 | €92 | €77 | ▼ 16.4% |
| Financial charges65/66B | €86 | €792 | €406 | €3,801 | €3,967 | ▲ 4.3% |
| Recurring financial charges65 | €86 | €792 | €406 | €3,801 | €3,967 | ▲ 4.3% |
| Profit (loss) for the period before taxes9903 | €14,024 | €12,512 | €27,850 | €27,678 | -€25,109 | ▼ 191% |
| Income taxes67/77 | €5,493 | €5,037 | €8,782 | €7,970 | €257 | ▼ 96.8% |
| Profit (loss) for the period9904 | €8,531 | €7,475 | €19,067 | €19,708 | -€25,366 | ▼ 229% |
| Profit (loss) for the period to be appropriated9905 | €8,531 | €7,475 | €19,067 | €19,708 | -€25,366 | ▼ 229% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €136,559 | €157,517 | €169,187 | €183,596 | €130,084 | ▼ 29.1% |
| Fixed assets21/28 | €67,533 | €101,143 | €86,954 | €66,949 | €61,744 | ▼ 7.8% |
| Intangible fixed assets21 | €14,034 | €12,468 | €10,902 | €10,836 | €11,272 | ▲ 4.0% |
| Tangible fixed assets22/27 | €53,499 | €88,675 | €76,052 | €56,113 | €50,472 | ▼ 10.1% |
| Land and buildings22 | - | €31,945 | €30,061 | €28,177 | €27,236 | ▼ 3.3% |
| Plant, machinery and equipment23 | €49,185 | €41,261 | €33,337 | €25,413 | €21,451 | ▼ 15.6% |
| Furniture and vehicles24 | €1,909 | €13,866 | €11,852 | €2,523 | €1,786 | ▼ 29.2% |
| Other tangible fixed assets26 | €2,405 | €1,603 | €802 | €0 | - | - |
| Current assets29/58 | €69,027 | €56,374 | €82,233 | €116,647 | €68,341 | ▼ 41.4% |
| Amounts receivable within one year40/41 | €30,011 | €15,837 | €44,031 | €55,215 | €57,380 | ▲ 3.9% |
| Trade receivables40 | €30,011 | €6,568 | €16,502 | €16,702 | €20,541 | ▲ 23.0% |
| Other amounts receivable41 | €0 | €9,269 | €27,528 | €38,513 | €36,838 | ▼ 4.3% |
| Cash at bank and in hand54/58 | €38,686 | €40,202 | €37,335 | €60,222 | €8,682 | ▼ 85.6% |
| Deferred charges and accrued income490/1 | €330 | €335 | €867 | €1,209 | €2,279 | ▲ 88.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €136,559 | €157,517 | €169,187 | €183,596 | €130,084 | ▼ 29.1% |
| Equity10/15 | €96,460 | €103,134 | €121,402 | €127,114 | €101,748 | ▼ 20.0% |
| Contributions10/11 | €12,600 | €12,600 | €12,600 | €12,600 | €12,600 | = |
| Reserves13 | €83,860 | €90,534 | €108,802 | €114,514 | €91,612 | ▼ 20.0% |
| 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 | = |
| Tax-exempt reserves132 | €3,484 | €3,484 | €3,484 | €3,484 | €3,484 | = |
| Distributable reserves133 | €78,516 | €85,190 | €103,457 | €109,170 | €86,267 | ▼ 21.0% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | -€2,463 | - |
| Amounts payable17/49 | €40,099 | €54,383 | €47,786 | €56,481 | €28,336 | ▼ 49.8% |
| Amounts payable after more than one year17 | - | €3,272 | €20,241 | €17,877 | €15,255 | ▼ 14.7% |
| Financial debts170/4 | - | €3,272 | €20,241 | €17,877 | €15,255 | ▼ 14.7% |
| Amounts payable within one year42/48 | €40,099 | €51,111 | €27,543 | €38,605 | €13,081 | ▼ 66.1% |
| Current portion of amounts payable after more than one year42 | - | €2,316 | €2,312 | €2,364 | €2,621 | ▲ 10.9% |
| Trade debts44 | €3,513 | €29,533 | €4,817 | €886 | €7,335 | ▲ 728% |
| Suppliers440/4 | €3,513 | €29,533 | €4,817 | €886 | €7,335 | ▲ 728% |
| Taxes, remuneration and social security45 | €30,630 | €18,702 | €19,854 | €22,267 | €3,125 | ▼ 86.0% |
| Taxes450/3 | €30,630 | €18,702 | €19,854 | €22,267 | €3,125 | ▼ 86.0% |
| Other amounts payable47/48 | €5,957 | €560 | €560 | €13,088 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | €2 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,531 | €7,475 | €19,067 | €19,708 | -€25,366 | ▼ 229% |
| + Depreciation and write-downs630 | €14,343 | €13,703 | €18,310 | €13,912 | €6,706 | ▼ 51.8% |
| Operating cash flow (approximation) | €22,874 | €21,177 | €37,377 | €33,620 | -€18,661 | ▼ 156% |
| Investment in fixed assets (approximation) | - | -€47,313 | -€4,120 | €6,093 | -€1,500 | ▼ 125% |
| Change in cash | - | €1,516 | -€2,867 | €22,887 | -€51,540 | ▼ 325% |
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
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€25,366
Net result drops to -€25,366, the lowest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 2.99
Current ratio from 1.10 to 2.99; short-term debt falls from €51,111 to €27,543.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100,000Eq €103,134 ▲6.9%
5 profitable years in a row build equity to €103,134.
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 23 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.
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Directors · office · real estate
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Lochristi · 1 establishment unit since 2002
Ground area
1,977 m²
Building footprint
272 m²
Volume, LiDAR
838 m³
2 parcels, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HTEG BVBA
since 20022.115.536.148
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44066A0369/00F000 | Flanders | 1,101 m² | 1 · 146 m² | 9.1 m · 2 fl. |
| 44472B2272/00F002 | Flanders | 876 m² | 1 · 126 m² | 0.1 m |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,567 companies in this sector we hold annual accounts for 6,567. 5,224 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded26-08-2002
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
46431Wholesale of electrical household appliances and audio-video equipment
47540Retail sale of electrical household appliances
70200Business and other management consultancy
77229Renting and leasing of other personal and household goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0478207921
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.