IB-TECHNICS
ActiveIB-TECHNICS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €570k and a net result of €48k. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 10% of 296 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability32▲+19
Solvency15=
Growth67▲+15
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity short (current ratio 0.88 against 0.81 in 2024), and 90.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
9.4%
Return on assets
0.8%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 296 sector peers (2025).
NBB · sector comparisonPosition among 296 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
37 d early
2023
19 d early
2022
18 d early
2021
46 d early
2020
64 d early
2019
19 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€13.79M▲ 3.8%
2024 · €13.29M
2024: €13.29M
2024 → 2025
EBIT margin
2.2%▲ 1.5pp
2024 · 0.7%
2024: 0.7%
2024 → 2025
Net result
€48k
2024 · €-124k
2018: €-892
2019: €-27k
2020: €205k
2021: €336k
2022: €-15k
2023: €-153k
2024: €-124k
2018 → 2025
Working capital
€-651k▲ 8.6%
2024 · €-712k
2018: €-239k
2019: €-593k
2020: €-156k
2021: €264k
2022: €95k
2023: €-324k
2024: €-712k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€13.29M€13.79M▲ 3.8%
Equity€814k-€799k▼ 1.9%€646k▼ 19.1%€522k▼ 19.2%€570k▲ 9.3%
Operating result€554k-€104k▼ 81.2%€54k▼ 48.4%€95k▲ 76.6%€305k▲ 222%
Net result€336k-€-15k€-153k▼ 900%€-124k▲ 18.6%€48k
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 222% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.05M
Fixed assets
€1.30M▼ 2.2%
Current assets
€4.75M▲ 57.8%
Equity and liabilities €6.05M
Equity
€570k▲ 9.3%
Debt
€5.48M▲ 43.5%
The debt ratio rises from 88.0% to 90.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€785k▲
2024 · €509k
Cash flow
€528k▲
2024 · €290k
Solvency
9.4%▼
2024 · 12.0%
Current ratio
0.88▲
2024 · 0.81
Quick ratio
0.88▲
2024 · 0.80
Debt / equity
9.62▲
2024 · 7.32
ROE
8.5%▲
2024 · -23.8%
ROA
0.8%▲
2024 · -2.9%
Interest coverage
6.85▲
2024 · 2.34
Debt
€5.48M▲
2024 · €3.82M
Debt ≤ 1 year
€5.40M▲
2024 · €3.72M
Debt > 1 year
€54k▼
2024 · €84k
Income taxes
€4k▲
2024 · €1k
Staff costs
€4.82M▲
2024 · €3.75M
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€4.34M€6.05M▲
Fixed assets21/28€1.33M€1.30M▼
Intangible fixed assets21€460k€577k▲
Tangible fixed assets22/27€673k€541k▼
Plant, machinery and equipment23€444k€334k▼
Furniture and vehicles24€79k€62k▼
Leasing and similar rights25€150k€145k▼
Other tangible fixed assets26€619-
Financial fixed assets28€197k€182k▼
Companies linked by participating interests282/3€18k€18k=
Participating interests282€18k€18k=
Other financial fixed assets284/8€179k€164k▼
Amounts receivable and cash guarantees285/8€179k€164k▼
Current assets29/58€3.01M€4.75M▲
Stocks and contracts in progress3€21k€16k▼
Stocks30/36€21k€16k▼
Goods purchased for resale34€21k€16k▼
Amounts receivable within one year40/41€2.93M€4.13M▲
Trade receivables40€2.57M€3.60M▲
Other amounts receivable41€362k€523k▲
Cash at bank and in hand54/58€55k€577k▲
Deferred charges and accrued income490/1€8k€35k▲
Equity and liabilities
Total equity and liabilities10/49€4.34M€6.05M▲
Equity10/15€522k€570k▲
Contributions10/11€262k€262k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Profit (loss) carried forward14€253k€302k▲
Amounts payable17/49€3.82M€5.48M▲
Amounts payable after more than one year17€84k€54k▼
Financial debts170/4€84k€54k▼
Leasing and similar obligations172€84k€54k▼
Amounts payable within one year42/48€3.72M€5.40M▲
Current portion of amounts payable after more than one year42€134k€162k▲
Financial debts43€16k€2.68M▲
Credit institutions430/8€6k€2.68M▲
Other loans439€10k-
Trade debts44€810k€311k▼
Suppliers440/4€810k€311k▼
Taxes, remuneration and social security45€821k€854k▲
Taxes450/3€102k€19k▼
Remuneration and social security454/9€719k€836k▲
Other amounts payable47/48€1.94M€1.40M▼
Accrued charges and deferred income492/3€12k€26k▲
Income statement
Code20242025
Operating income70/76A€13.68M€14.21M▲
Turnover70€13.29M€13.79M▲
Own construction capitalised72€287k€292k▲
Other operating income74€111k€127k▲
Non-recurring operating income76A-€3k
Operating charges60/66A€13.59M€13.90M▲
Goods for resale, raw materials and consumables60€7.03M€5.94M▼
Purchases600/8€6.98M€5.93M▼
Change in stocks: decrease (increase)609€52k€5k▼
Services and other goods61€2.40M€2.67M▲
Remuneration, social security and pensions62€3.75M€4.82M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€415k€480k▲
Other operating charges640/8€3k€4k▲
Operating profit (loss)9901€95k€305k▲
Financial income75/76B€15€0▼
Recurring financial income75€15€0▼
Other financial income752/9€15€0▼
Financial charges65/66B€218k€253k▲
Recurring financial charges65€218k€253k▲
Debt charges650-€115k
Other financial charges652/9€218k€139k▼
Profit (loss) for the period before taxes9903€-123k€52k▲
Income taxes67/77€1k€4k▲
Taxes670/3€1k€4k▲
Profit (loss) for the period9904€-124k€48k▲
Profit (loss) for the period to be appropriated9905€-124k€48k▲
Appropriation of the result
Profit (loss) to be appropriated9906€253k€302k▲
Profit (loss) brought forward from the previous period14P€378k€253k▼
Social balance
Average headcount (FTE)908772.580.3▲
The notes to these accounts (54 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 24 days late
2025
31-12
Financial
Back to profitnet €48k
Net result €48k after 3 loss-making years.
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-153k
Net result drops to €-153k, the lowest in the series; recovery starts the following year.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €336k ▲63.4%
Operating result €554k, net result €336k, both a record.
31-12
Financial
Equity above €500kEq €814k ▲70.2%
2 profitable years in a row build equity to €814k.
28-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €205k
Net result €205k after 2 loss-making years.
31-12
Financial
Equity above €200kEq €478k ▲558%
Equity rises from €73k to €478k.
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 19 days late
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2023
Vartang BEGUIACHVILI
CurrentDirector · since 14-11-2023
14-11-2023
Vartang BEGUIACHVILI: Appointed as Director
14-11-2023
Eric PLACE: Resigned as Director
Location & real-estate footprint
Registered office, Nivelles · 1 establishment unit since 2011
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.
Rue du Commerce 231400 NivellesGround area
8,033 m²
Building footprint
2,245 m²
Volume, LiDAR
18,619 m³
Parcel 25782C0634/00K002, Wallonia · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
IB-Technics
since 20112.198.487.578
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25782C0634/00K002 | Wallonia | 8,033 m² | 1 · 2,245 m² | 9.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
LABIS KOELTECHNIEK
BE 0469.951.835
Mechelen · Eq €566k
WIRELINE
BE 0660.914.151
Heist-op-den-Berg · Eq €576k
ALL LASER TECHNICS
BE 0473.460.067
Leuven · Eq €577k
AH Group
BE 0767.780.734
Genk · Eq €554k
FERDO
BE 0523.969.947
Dendermonde · Eq €551k
Of 1,806 companies in sector 42220 we hold annual accounts for 947. 508 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-09-2010
Fiscal year end31-12
Activities, NACEBEL
42220Construction of utility projects for electricity and telecommunications
61100Wired, wireless and satellite telecommunications
43211General electrical installation work
46140Agents in the wholesale of industrial machinery, ships and aircraft
46500Wholesale of information and communication equipment
46520Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.