Equity
€37.5m ▲ 15.6%
IMTECH BELGIE has made a profit without a break since 2017.
IMTECH BELGIE
Lifetime
19 annual accounts with figures on one time axis, 49 filings since 1977peak €192.3m (2025)
€192.3m▲ 3.5%
lowest -€17.9m (2012)
€5.1m▼ 37.7%
peak €37.5m (2025)
€37.5m▲ 15.6%
€56.7m▲ 1.1%
peak 817.6 FTE (2012)
568.2 FTE▼ 4.6%
Board15 names since 2019all names
4 directorsFinea and 3 others
Owners5 names in the annual accounts
99.99%C-Tech Holding and 1 other
Documentsfilings and deeds
07-07-202624 days before the deadline
2025financial year
Result from €8.1m to €5.1m3 directors appointed, 2 resignations 22-07Equity from €32.5m to €37.5mCash from €10.1m to €27.5m
Key points
from the 2025 annual accountsResult
€5.1m ▼ 37.7%
The result fell in 2025 from €8.1m to €5.1m.
Investments
€578,321 0.3 × depreciation
Green is investment, beige is depreciation.
Staff
568.2 FTE from 817.6 in 2012
Between 2012 and 2025, 31% of the full-time equivalents disappeared.
Position in the sector
€5.1m
Higher net result than 95% of companies in specialised construction. Sector median €42,671 · 2,464 companies.
Public support
€2.1m awarded from 2021 to 2024
EU support, mostly Horizon Europe.
Checked score
96
Excellent
Financially stronger than 67% of large companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 35 companies (NACE 43, large).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.4%
01-2025: 1.4%● unchanged vs 12-2024
02-2025: 1.4%● unchanged vs 01-2025
03-2025: 1.4%● unchanged vs 02-2025
04-2025: 1.4%● unchanged vs 03-2025
05-2025: 1.4%● unchanged vs 04-2025
06-2025: 1.4%● unchanged vs 05-2025
07-2025: 1.6%▲ +0.2 percentage points vs 06-2025highest value
08-2025: 0.2%▼ -1.4 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.1%▼ -0.1 percentage points vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 1.65, cash €27.5m
Founded in 1965
Size: turnover €192.3m, 568.2 FTE, total assets €99.2m
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, large). It does better than 84% of them on solvency, 91% on liquidity, 41% on profitability and 51% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 321 companies had the same profile as IMTECH BELGIE has now. Each dot is one company, two years later.
97.5%
were still trading
2.5%
stopped another way
0.0%
went bankrupt
That fits the bankruptcy probability of IMTECH BELGIE itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 321 companies, not a prediction for IMTECH BELGIE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €3,600,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.65 (1.54 in 2024), above the usual 1.5. Short-term debt is 56% and cash 27.7% of total assets. However, 62.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 · 10 filingsDeviation from the deadline
2025
24 days early
2024
20 days early
2023
268 days late
2022
20 days early
2021
24 days early
2020
23 days early
2019
18 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 20 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- C-Tech Holding 99.99%equity €24.5m (2025) · 2025 annual accounts of C-Tech Holding
- C2F1 NV consolidatesequity €122.3m (2025) · annual accounts 2025
Shares in 1 company, LIVAN MAINTENANCE
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0402969474
3 directors appointed, 2 resignations
Resignations: Erik Groes (managing director) and In Factum BV · Permanent representatives: Holthof Christophe, Yannick Dalemans, Peter Bury, Jansen Philip and Bert Weemaes · Appointments: Finea BV, NPSH Management BV and PL2 Management BV · General meeting of 16-06-2025 · Gazette deed
Reappointment: VCLJ Bedrijfsrevisoren,BV (statutory auditor)
General meeting of 27-11-2024 · Gazette deed
Amendment of the articles
Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| IMTECH BELGIE Anderlecht | €192.3m | 4.4% | 37.8% | 568.2 |
| COLLIGNON ENG. Erezée | €87.9m | 6.2% | - | 355.9 |
| VMA SUD Charleroi | €90.3m | 5.6% | 20.2% | 330.4 |
| CALLENS WILLY Waregem | €70.8m | 9.5% | 20.8% | 202 |
| BUMACO KOELTECHNIEK Rotselaar | €95.4m | 2.5% | 58.1% | 269.3 |
| SIX Izegem | €65.0m | 2.6% | 42.4% | 198.4 |
| VERGOKAN Oudenaarde | €52.5m | 16.4% | 76.0% | 107.4 |
Grey: the largest companies of the sector (specialised construction (NACE 43)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as IMTECH BELGIE: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €32m and €69m, founded between 1978 and 1995.
Official details
Source: KBO- Status
- Active since 30-04-1965Normal situation
- Activity
- Installation of electric heating, air conditioning, cooling and ventilationNACE 43222and 3 others
- Joint committees
- 149.01Electricians: installation and distribution
- 124Construction
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment units
- 2.000.491.9701070 Anderlecht, since 01-05-1965
- 2.038.075.6111070 Anderlecht, since 01-06-1972and 4 others
- Financial year end
- 31 December
- Peppol
- Reachable since 26-01-2026
Annual accounts 2025
- €99.2m▲ 6.2%
- Employeeson 31-12-2025
- 565▼ 7.5%
- Filing
- Filed on 07-07-2026, 24 days before the end of the filing period
Insights on IMTECH BELGIE
IMTECH BELGIE has existed since 1965. Turnover grew from €103.9m in 2006 to €192.3m in 2025.
Turnover has grown every year since 2022.
C-Tech Holding holds all the shares. In June 2022, three directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about IMTECH BELGIE
- What is the company number of IMTECH BELGIE?
- The company number of IMTECH BELGIE is 0402.969.474. The VAT number is the same number with BE in front: BE 0402.969.474.
- Where is IMTECH BELGIE based?
- The registered office is at Industrielaan 28, 1070 Anderlecht.Company details
- What does IMTECH BELGIE do?
- According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
- What is the legal form of IMTECH BELGIE?
- IMTECH BELGIE is a public limited company (NV).
- When was IMTECH BELGIE founded?
- IMTECH BELGIE was founded on 30-04-1965.
- Is IMTECH BELGIE still active?
- Yes, IMTECH BELGIE is an active enterprise in the KBO register.
- How many employees does IMTECH BELGIE have?
- IMTECH BELGIE had an average of 568.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does IMTECH BELGIE fall under?
- In its 2025 annual accounts, IMTECH BELGIE states joint committees 149.01 (Electricians: installation and distribution), 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of IMTECH BELGIE?
- The turnover of IMTECH BELGIE was €192.3m in financial year 2025, according to the filed annual accounts.
- Is IMTECH BELGIE profitable?
- In financial year 2025, IMTECH BELGIE made a profit of €5.1m.
- Where can I find the annual accounts of IMTECH BELGIE?
- IMTECH BELGIE filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of IMTECH BELGIE due?
- IMTECH BELGIE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check
See how customers, suppliers and banks see your own company and what to improve first.