Industrial Boiler Technologies

Active

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

From the official registers: KBO 28 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Industrial Boiler Technologies has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €1.3m and a net result of €23,348. Equity is growing by about 13% per year across the filed financial years. Its solvency ranks better than 25% of 150 sector peers (NACE 25, financial year 2026). The computed 12-month bankruptcy probability is 0.6% (low).

Risk analysisFollow Report Compare

Industrial Boiler TechnologiesActiveChecked score 80/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 06-02-1998 Normal situation
Legal form: Public limited company
Registered office: Legen Heirweg 43, 9890 Gavere
Activity: Manufacture of fabricated metal products, except machinery and equipment NACE 25210and 5 others
Establishment units: 2.085.552.755 3300 Tienen, since 20-02-1998
: 2.389.266.089 9890 Gavere, since 01-04-2026
Financial year end: 31 March
Peppol: Reachable since 14-04-2026

Company details

Who decides

Board

D.E.S.Managing director · permanent representative DECONINCK, Jonas
MD ENTDirector · since 05-05-2026 · permanent representative DECONINCK, Michiel
P.D.C.Director · since 05-05-2026 · permanent representative DECONINCK, Piet

Board & ownership

How it is doing

80 Excellent Checked score 2026

Bankruptcy probabilitywithin 12 months: 0.6%

Annual accounts to 31-03-2026

Gross margin: €382,316; ▲ 211%
Turnover: ≈ €900,000; estimated
Profit: €23,348; ▲ 49.3%
Equity: €1.3m; ▲ 49.1%
Total assets: €4.5m; ▲ 377%
Staff: 21.6 FTE; ▲ 15×

Staff (FTE) +1,443%: other schema2026 accounts 2 days early

Filed on 29-10-2026at the National Bank

Financials

Why 80raises 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 2026

80 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 40% of its sector peers (NACE 25, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2025

Weak

Solvency 54-46

equity 28.7% of total assets

Liquidity 22-36

short-term debt 57.5% · cash 1.0%

Profitability 51-20

return on assets 0.5%

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 €100,000 on 30-day terms is acceptable

Liquidity ample (current ratio 1.66, compared with 11.19 in 2025, above the usual 1.5; short-term debt: 57.5% and cash: 1% of total assets), but 71.3% 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, small): better than 29% on solvency, 12% on liquidity, 25% on profitability and 94% 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 1.66, cash €43,648

NBB · annual accounts

Founded in 1998

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)

KBO

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

Latest accounts filed on time

The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 29-10-2026, 2 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2026

2 days early

2025

10 days early

2024

21 days early

2023

4 days early

2022

4 days early

2021

16 days early

2020

37 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 13 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)

Next filing not due yet

The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 27 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

01-11-2026 today31-03-2027 year end31-10-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Positive: Staff rose in 2026different schema filed ▲ 15× View
Caution: Board changedlatest change 07-08-2026 · 3 in office 3 joined · 4 left View
Positive: 6th largest company by total assets in Gavere, Manufacturing sectorin the Checked rankings No. 6 View
Positive: Filed on time since financial year 2019accounts within the deadline every year 8 years View
Restructuring with DECONINCKrestructuring on 05-05-2026 2026 View
Positive: 6 profitable years in a rowprofit 2026: €23,348 6 years View

Documents

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 21.6 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
What is the turnover of Industrial Boiler Technologies?: ≈ €900,000 in financial year 2026. Estimated from the gross margin of €382,316: probably between €540,000 and €1.5m, based on 2,285 comparable companies of the same size. A rough estimate.
Is Industrial Boiler Technologies profitable?: In financial year 2026, Industrial Boiler Technologies made a profit of €23,348.
Where can I find the annual accounts of Industrial Boiler Technologies?: Industrial Boiler Technologies filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2026.Annual accounts at the National Bank
When are the next annual accounts of Industrial Boiler Technologies due?: By 31-10-2027, for financial year 2027.Timeline

Companies related to Industrial Boiler Technologies

Comparable companies

Go further with this company

How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

Overview