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I.K-TECH

Active
Private limited companyfounded 20215 yrs activeRue Derrière les Jardins(CHE) 31, 4602 Visé, BelgiumKBO/BCE: BE 0766.806.873
Summary

The computed 12-month bankruptcy probability of I.K-TECH is 2.4% (moderate). The 2025 annual accounts show equity of €7,143 and a net result of €9,248. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 7930 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
Profitability73▼-27
Solvency27▲+27
Growth78▲+20
Track record94
Bankruptcy probability, 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Six 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
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 · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
2.4%
Return on assets
3.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 7930 sector peers (2025).
NBB · sector comparison
Position among 7930 sector peers
Solvency
better than 9%
← weakest strongest →
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 07-07-2026, 24 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
24 d early
2024
26 d early
2023
30 d late
2022
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 3 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 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

History

I.K-TECH was incorporated on 16 April 2021 as a Private limited company.1 Total assets rose from EUR 146,007 in 2022 to EUR 294,341 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

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Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€9,248▼ 8.8%
2024 · €10,141
Working capital
-€42,137▼ 3,009%
2024 · -€1,355
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
Line2022202320242025
Operating result-€19,523-€33,665€10,349▼ 69.3%€11,650▲ 12.6%
Net result-€19,576below the sector's middle half--€10,670below the sector's middle half▲ 45.5%€10,141within the sector's middle half€9,248within the sector's middle half▼ 8.8%
Equity-€1,576below the sector's middle half--€12,246below the sector's middle half▼ 677%-€2,105below the sector's middle half▲ 82.8%€7,143below the sector's middle half
Total assets€146,007within the sector's middle half-€7,583below the sector's middle half▼ 94.8%€2,144below the sector's middle half▼ 71.7%€294,341within the sector's middle half▲ 13,630%
Debt€147,583-€19,830▼ 86.6%€4,249▼ 78.6%€287,198▲ 6,659%
Working capital-€3,338below the sector's middle half--€12,246below the sector's middle half▼ 267%-€1,355below the sector's middle half▲ 88.9%-€42,137below the sector's middle half▼ 3,009%
Solvency-1.1%below the sector's middle half--161.5%below the sector's middle half▼ 160.4pp2.4%below the sector's middle half
Current ratio0.98below the sector's middle half-0.38below the sector's middle half▼ 0.590.85below the sector's middle half
Return on assets (ROA)-13.4%below the sector's middle half--140.7%below the sector's middle half▼ 127.3pp3.1%within the sector's middle half
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.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000Operating result 2022: -€19,523-€19,523Net result 2022: -€19,576-€19,576Operating result 2023: €33,665€33,665Net result 2023: -€10,670-€10,670Operating result 2024: €10,349€10,349Net result 2024: €10,141€10,141Operating result 2025: €11,650€11,650Net result 2025: €9,248€9,2482022202320242025-€20,000€0€20,000€40,000Operating result 2023: €33,665€33,700Net result 2023: -€10,670-€10,700Operating result 2024: €10,349€10,300Net result 2024: €10,141€10,100Operating result 2025: €11,650€11,700Net result 2025: €9,248€9,250202320242025
The operating result recovers in 2025; 2025 is 13% above 2024.
Balance-sheet composition
Assets €294,341
Fixed assets €51,558
Current assets €242,783
Equity and liabilities €294,341
Equity €7,143
Debt €287,198
Debt finances 97.6% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€23,559
Cash flow
€21,157
Debt to equity
40.21
ROE
129.5%
Interest coverage
24.52
Debt ≤ 1 year
€284,920▲
2024 · €3,499
Income taxes
€1,441
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,250 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
2.4% went bankrupt
2.6% stopped otherwise
94% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.4% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 1,250 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€2,144€294,341▲
Fixed assets21/28-€51,558
Intangible fixed assets21-€819
Tangible fixed assets22/27-€50,739
Plant, machinery and equipment23-€4,012
Furniture and vehicles24-€46,727
Current assets29/58€2,144€242,783▲
Amounts receivable within one year40/41-€12,875
Trade receivables40-€3,911
Other amounts receivable41-€8,965
Cash at bank and in hand54/58€2,144€229,570▲
Deferred charges and accrued income490/1-€337
Equity and liabilities
Total equity and liabilities10/49€2,144€294,341▲
Equity10/15-€2,105€7,143▲
Contributions10/11€18,000€18,000=
Profit (loss) carried forward14-€20,105-€10,857▲
Amounts payable17/49€4,249€287,198▲
Amounts payable within one year42/48€3,499€284,920▲
Trade debts44€3,499€13,699▲
Suppliers440/4€3,499€13,699▲
Advances received on contracts in progress46-€188,023
Taxes, remuneration and social security45-€1,441
Taxes450/3-€1,441
Other amounts payable47/48-€81,758
Accrued charges and deferred income492/3€750€2,278▲
Income statement Code20242025
Non-recurring operating income76A€15,132-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€11,909
Other operating charges640/8€691€647▼
Gross operating margin9900€11,040€24,205▲
Operating profit (loss)9901€10,349€11,650▲
Financial charges65/66B€208€961▲
Recurring financial charges65€208€961▲
Profit (loss) for the period before taxes9903€10,141€10,689▲
Income taxes67/77-€1,441
Profit (loss) for the period9904€10,141€9,248▼
Profit (loss) for the period to be appropriated9905€10,141€9,248▼
Appropriation of the result
Profit (loss) to be appropriated9906-€20,105-€10,857▲
Profit (loss) brought forward from the previous period14P-€30,246-€20,105▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Non-recurring operating income76A--€15,132--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,265--€11,909-
Other operating charges640/8€2,534€295€691€647▼ 6.4%
Non-recurring operating charges66A-€1,761---
Gross operating margin9900-€15,724€35,720€11,040€24,205▲ 119%
Operating profit (loss)9901-€19,523€33,665€10,349€11,650▲ 12.6%
Financial income75/76B€0----
Recurring financial income75€0----
Financial charges65/66B€54€44,335€208€961▲ 362%
Recurring financial charges65€54€234€208€961▲ 362%
Non-recurring financial charges66B-€44,101---
Profit (loss) for the period before taxes9903-€19,576-€10,670€10,141€10,689▲ 5.4%
Income taxes67/77---€1,441-
Profit (loss) for the period9904-€19,576-€10,670€10,141€9,248▼ 8.8%
Profit (loss) for the period to be appropriated9905-€19,576-€10,670€10,141€9,248▼ 8.8%
Line2022202320242025Change
Assets
Total assets20/58€146,007€7,583€2,144€294,341▲ 13,630%
Fixed assets21/28€1,761--€51,558-
Intangible fixed assets21---€819-
Tangible fixed assets22/27€1,761--€50,739-
Plant, machinery and equipment23---€4,012-
Furniture and vehicles24€1,761--€46,727-
Current assets29/58€144,246€7,583€2,144€242,783▲ 11,225%
Stocks and contracts in progress3€84,351----
Stocks30/36€84,351----
Amounts receivable within one year40/41€57,931€4,413-€12,875-
Trade receivables40-€4,000-€3,911-
Other amounts receivable41€57,931€413-€8,965-
Cash at bank and in hand54/58€1,964€3,170€2,144€229,570▲ 10,609%
Deferred charges and accrued income490/1---€337-
Equity and liabilities
Total equity and liabilities10/49€146,007€7,583€2,144€294,341▲ 13,630%
Equity10/15-€1,576-€12,246-€2,105€7,143▲ 439%
Contributions10/11€18,000€18,000€18,000€18,000=
Profit (loss) carried forward14-€19,576-€30,246-€20,105-€10,857▲ 46.0%
Amounts payable17/49€147,583€19,830€4,249€287,198▲ 6,659%
Amounts payable within one year42/48€147,583€19,830€3,499€284,920▲ 8,042%
Trade debts44€10,432-€3,499€13,699▲ 291%
Suppliers440/4€10,432-€3,499€13,699▲ 291%
Advances received on contracts in progress46---€188,023-
Taxes, remuneration and social security45€48,151--€1,441-
Taxes450/3€48,151--€1,441-
Other amounts payable47/48€89,000€19,830-€81,758-
Accrued charges and deferred income492/3--€750€2,278▲ 204%
Line2022202320242025Change
Profit (loss) for the period9904-€19,576-€10,670€10,141€9,248▼ 8.8%
+ Depreciation and write-downs630€1,265--€11,909-
Operating cash flow (approximation)-€18,311-€10,670€10,141€21,157▲ 109%
Change in cash-€1,206-€1,026€227,426▲ 22,266%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
07-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
05-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Back to profitnet €10,141
Net result €10,141 after 2 loss-making years.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Visé · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1,288 m²
Building footprint
88 m²
Parcel 62024A0103/00E002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue Derrière les Jardins(CHE) 31, 4602 Visé
Construction of residential and non-residential buildings
since 20242.370.406.420
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62024A0103/00E002 Wallonia 1,288 m² 1 · 88 m² -
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.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. MCYS 100%
  2. I.K-TECH

Highest known parent: MCYS. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 8,464 companies in sector 43120 we hold annual accounts for 3,233. 1,242 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
Founded16-04-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
41001General construction of residential buildings
43110Demolition
Contact
E-mail contact@sanelecproteam.be
E-mail ik-tech@ik-tech.be
Phone +32493198816
E-invoicing
Reachable via Peppol
Peppol ID 0208:0766806873
Also 9925:BE0766806873
Registered 12-05-2021

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.