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Industrial Boiler Technologies

Active
Public limited companyfounded 1998active for 28 yearsLegen Heirweg 43, 9890 Gavere, BelgiumKBO/BCE: BE 0462.584.486
Summary

Industrial Boiler Technologies has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €861,312 and a net result of €15,641. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 25% of 133 sector peers (NACE 25, financial year 2026). The computed 12-month bankruptcy probability is 0.6% (low).

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Industrial Boiler TechnologiesActiveChecked score 82/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of fabricated metal products, except machinery and equipment
NACE 25210
10th largest company by equity in Gavere, Manufacturing sector2 sites
Size
≈ €310,000turnover 2025, estimated
Staff
1.4 FTE
Equity
€861,312
Profit
€15,641
Turnover estimated from the gross margin
Financial health
82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Structure
  • D.E.S.Managing director · permanent representative DECONINCK, Jonas
  • MD ENTDirector · permanent representative DECONINCK, Michiel
  • P.D.C.Director · permanent representative DECONINCK, Piet
2025 accounts 10 days early8 of 10 deeds summarised
Why 82raises riskLiquidity: current ratio 1.66, cash €43,648Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)Size: 21.6 FTE, total assets €4.5mlowers riskFounded in 1998Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 55% of its sector peers (NACE 25, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 91.7% of total assets
Liquidity 58-12
short-term debt 8.3% · cash 6.6%
Profitability 71-15
return on assets 1.7%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (749 companies, NACE 25, small)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: 0.1%▲ +0.1 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.6%▲ +0.5 percentage points vs 09-2026highest value
Credit of up to €70,000 on 30-day terms is acceptable
Liquidity ample (current ratio 11.19, compared with 6.57 in 2024, above the usual 1.5; short-term debt: 8.3% and cash: 6.6% of total assets), and 8.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 25, micro): better than 90% on solvency, 58% on liquidity, 40% on profitability and 32% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.66, cash €43,648
NBB · annual accounts
lowers risk · Founded in 1998
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
raises risk · Size: 21.6 FTE, total assets €4.5m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 21-10-2025, 10 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
10 days early
2024
21 days early
2023
4 days early
2022
4 days early
2021
16 days early
2020
37 days early
2019
23 days early
← 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 16 days before the deadline; the sector median (NACE 25) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 21 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-03-2026 year end31-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Capital & shares · RestructuringResignations: BART VANRIJSSELBERGHE CONSULTING, DECONINCK…
  2. Capital & shares · Purpose ·…Incorporation · Demerger · Auditor…
  3. RestructuringMerger · Capital · Shareholding

Key points

  • Caution: Result fell in 2025from €144,913 to €15,641 ▼ 89.2% View
  • Caution: Board changedlatest change 07-08-2026 · 3 in office 3 joined · 4 left View
  • Positive: 10th largest company by equity in Gavere, Manufacturing sectorin the Checked rankings No. 10 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Restructuring with DECONINCKrestructuring on 05-05-2026 2026 View
  • Positive: 5 profitable years in a rowprofit 2025: €15,641 5 years View

By topic

Financials

Financial year
2025
Total assets
€938,793
Profit
€15,641
Solvency
91.7%
Total assets▼ 8.8%
Net result
20192025
Go to Financials

Timeline

Events
39
Since
2000
Next accounts
by 31-10-2026
  1. 25-02-2026Restructuring
  2. 21-10-2025Annual accounts filed
  3. 14-05-2025Resignation: Bart VANRIJSSELBERGHE (director)
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Manufacture of fabricated metal products, except machinery and…NACE 25210
Founded
06-02-1998
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
13
Annual meeting
Second Tuesday of September at 14:00
Purpose
“Verkoop, montage, onderhoud, fabricatie, herstelling en verhuur van thermische…” (deed in Dutch)
Go to Articles of association

Key facts about Industrial Boiler Technologies

What is the company number of Industrial Boiler Technologies?
0462.584.486. In Belgium the VAT number is the company number with BE in front: BE 0462.584.486.
Where is Industrial Boiler Technologies based?
The registered office is at Legen Heirweg 43, 9890 Gavere.Company details
What does Industrial Boiler Technologies do?
According to the KBO register, the main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25210).
What is the legal form of Industrial Boiler Technologies?
Public limited company (NV).
When was Industrial Boiler Technologies founded?
On 06-02-1998.
Is Industrial Boiler Technologies still active?
Yes, Industrial Boiler Technologies is an active enterprise in the KBO register.
How many employees does Industrial Boiler Technologies have?
On average 1.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Industrial Boiler Technologies?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Industrial Boiler Technologies profitable?
In financial year 2025, Industrial Boiler Technologies made a profit of €15,641.
Where can I find the annual accounts of Industrial Boiler Technologies?
Industrial Boiler Technologies filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Industrial Boiler Technologies due?
By 31-10-2026, for financial year 2026.Timeline

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