INDUTECH
ActiveSummary
INDUTECH has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €539k and a net result of €34k. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 38% of 2056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability65▼-8
Solvency59▼-5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.48 against 1.74 in 2024; short-term debt: 45.8% and cash: 4.8% of total assets), and 65.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
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
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
34.1%
Return on assets
2.2%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
14 d early
2023
8 d early
2022
4 d early
2021
11 d early
2020
3 d early
2019
29 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€34k▼ 21.7%
2024 · €43k
2019: €173khighest in 7 years
2020: €87k▼ -49.5% vs 2019
2021: €-11k▼ -113% vs 2020lowest in 7 years
2022: €36k▲ +428% vs 2021
2023: €40k▲ +12.3% vs 2022
2024: €43k▲ +7.7% vs 2023
2025: €34k▼ -21.7% vs 2024
2019 → 2025
Working capital
€346k▲ 12.3%
2024 · €308k
2019: €75klowest in 7 years
2020: €195k▲ +160% vs 2019
2021: €172k▼ -11.7% vs 2020
2022: €889k▲ +415% vs 2021highest in 7 years
2023: €484k▼ -45.6% vs 2022
2024: €308k▼ -36.3% vs 2023
2025: €346k▲ +12.3% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€368k-€418k▲ 13.6%€455k▲ 8.7%€509k▲ 12.0%€539k▲ 5.8%
2021: €368klowest in 5 years
2022: €418k▲ +13.6% vs 2021
2023: €455k▲ +8.7% vs 2022
2024: €509k▲ +12.0% vs 2023
2025: €539k▲ +5.8% vs 2024highest in 5 years
Operating result€-13k-€40k€53k▲ 33.1%€58k▲ 8.5%€74k▲ 28.4%
2021: €-13klowest in 5 years
2022: €40k▲ +407% vs 2021
2023: €53k▲ +33.1% vs 2022
2024: €58k▲ +8.5% vs 2023
2025: €74k▲ +28.4% vs 2024highest in 5 years
Net result€-11k-€36k€40k▲ 12.3%€43k▲ 7.7%€34k▼ 21.7%
2021: €-11klowest in 5 years
2022: €36k▲ +428% vs 2021
2023: €40k▲ +12.3% vs 2022
2024: €43k▲ +7.7% vs 2023highest in 5 years
2025: €34k▼ -21.7% vs 2024
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 28% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.58M
Fixed assets
€511k ▼ 11.6%
Current assets
€1.07M ▲ 47.6%
Equity and liabilities €1.58M
Equity
€539k ▲ 5.8%
Debt
€1.04M ▲ 31.3%
Debt's share of the balance-sheet total rises from 60.9% to 65.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€159k▲
2024 · €143k
Cash flow
€119k▼
2024 · €129k
Current ratio
1.48▼
2024 · 1.74
Quick ratio
1.34▼
2024 · 1.47
Debt to equity
1.94▲
2024 · 1.56
ROE
6.3%▼
2024 · 8.5%
ROA
2.2%▼
2024 · 3.3%
Interest coverage
5.19▼
2024 · 6.75
Debt ≤ 1 year
€724k▲
2024 · €417k
Debt > 1 year
€319k▼
2024 · €370k
Income taxes
€14k▲
2024 · €3k
Staff costs
€541k▲
2024 · €466k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.30M€1.58M▲
Fixed assets21/28€578k€511k▼
Intangible fixed assets21€8k€7k▼
Tangible fixed assets22/27€570k€504k▼
Land and buildings22€426k€388k▼
Plant, machinery and equipment23€50k€38k▼
Furniture and vehicles24€94k€78k▼
Financial fixed assets28€100€100=
Current assets29/58€725k€1.07M▲
Stocks and contracts in progress3€111k€99k▼
Stocks30/36€111k€99k▼
Amounts receivable within one year40/41€540k€465k▼
Trade receivables40€498k€452k▼
Other amounts receivable41€42k€14k▼
Cash at bank and in hand54/58€46k€76k▲
Deferred charges and accrued income490/1€28k€430k▲
Equity and liabilities
Total equity and liabilities10/49€1.30M€1.58M▲
Equity10/15€509k€539k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€441k€475k▲
Investment grants15€48k€43k▼
Amounts payable17/49€794k€1.04M▲
Amounts payable after more than one year17€370k€319k▼
Financial debts170/4€370k€319k▼
Amounts payable within one year42/48€417k€724k▲
Current portion of amounts payable after more than one year42€58k€51k▼
Financial debts43€125k€425k▲
Credit institutions430/8€125k€425k▲
Trade debts44€189k€176k▼
Suppliers440/4€189k€176k▼
Taxes, remuneration and social security45€39k€67k▲
Taxes450/3€2k€23k▲
Remuneration and social security454/9€37k€43k▲
Other amounts payable47/48€6k€5k▼
Accrued charges and deferred income492/3€7k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€466k€541k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€85k€85k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€420
Other operating charges640/8€17k€12k▼
Gross operating margin9900€626k€713k▲
Operating profit (loss)9901€58k€74k▲
Financial income75/76B€10k€5k▼
Recurring financial income75€10k€5k▼
Financial charges65/66B€21k€31k▲
Recurring financial charges65€21k€31k▲
Profit (loss) for the period before taxes9903€47k€48k▲
Income taxes67/77€3k€14k▲
Profit (loss) for the period9904€43k€34k▼
Profit (loss) for the period to be appropriated9905€43k€34k▼
Appropriation of the result
Profit (loss) to be appropriated9906€441k€475k▲
Profit (loss) brought forward from the previous period14P€398k€441k▲
Social balance
Average headcount (FTE)90879.49.0▼
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €161k | €261k | €466k | €541k | ▲ 16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €95k | €82k | €73k | €85k | €85k | ▼ 0.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €211 | - | €420 | - |
| Other operating charges640/8 | - | €6k | €11k | €17k | €12k | ▼ 27.2% |
| Non-recurring operating charges66A | - | - | €7k | - | - | - |
| Gross operating margin9900 | €189k | €289k | €404k | €626k | €713k | ▲ 13.9% |
| Operating profit (loss)9901 | €-13k | €40k | €53k | €58k | €74k | ▲ 28.4% |
| Financial income75/76B | - | €7k | €4k | €10k | €5k | ▼ 54.7% |
| Recurring financial income75 | €13k | €7k | €4k | €10k | €5k | ▼ 54.7% |
| Financial charges65/66B | - | €11k | €16k | €21k | €31k | ▲ 44.5% |
| Recurring financial charges65 | €11k | €11k | €12k | €21k | €31k | ▲ 44.5% |
| Non-recurring financial charges66B | - | - | €4k | - | - | - |
| Profit (loss) for the period before taxes9903 | €-11k | €36k | €41k | €47k | €48k | ▲ 2.9% |
| Income taxes67/77 | - | €265 | €316 | €3k | €14k | ▲ 340% |
| Profit (loss) for the period9904 | €-11k | €36k | €40k | €43k | €34k | ▼ 21.7% |
| Profit (loss) for the period to be appropriated9905 | €-11k | €36k | €40k | €43k | €34k | ▼ 21.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.10M | €1.93M | €1.44M | €1.30M | €1.58M | ▲ 21.3% |
| Fixed assets21/28 | €670k | €604k | €607k | €578k | €511k | ▼ 11.6% |
| Intangible fixed assets21 | - | - | - | €8k | €7k | ▼ 13.7% |
| Tangible fixed assets22/27 | €670k | €604k | €607k | €570k | €504k | ▼ 11.5% |
| Land and buildings22 | - | €507k | €466k | €426k | €388k | ▼ 8.9% |
| Plant, machinery and equipment23 | - | €65k | €54k | €50k | €38k | ▼ 23.1% |
| Furniture and vehicles24 | - | €33k | €87k | €94k | €78k | ▼ 17.3% |
| Financial fixed assets28 | €100 | €100 | €100 | €100 | €100 | = |
| Current assets29/58 | €427k | €1.32M | €829k | €725k | €1.07M | ▲ 47.6% |
| Stocks and contracts in progress3 | €97k | €112k | €108k | €111k | €99k | ▼ 10.5% |
| Stocks30/36 | - | €112k | €108k | €111k | €99k | ▼ 10.5% |
| Amounts receivable within one year40/41 | €117k | €855k | €599k | €540k | €465k | ▼ 13.8% |
| Trade receivables40 | - | €838k | €561k | €498k | €452k | ▼ 9.4% |
| Other amounts receivable41 | - | €17k | €38k | €42k | €14k | ▼ 67.4% |
| Cash at bank and in hand54/58 | €202k | €340k | €93k | €46k | €76k | ▲ 64.5% |
| Deferred charges and accrued income490/1 | - | €14k | €29k | €28k | €430k | ▲ 1,443% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.10M | €1.93M | €1.44M | €1.30M | €1.58M | ▲ 21.3% |
| Equity10/15 | €368k | €418k | €455k | €509k | €539k | ▲ 5.8% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €322k | €358k | €398k | €441k | €475k | ▲ 7.7% |
| Investment grants15 | - | €40k | €36k | €48k | €43k | ▼ 9.6% |
| Amounts payable17/49 | €728k | €1.51M | €981k | €794k | €1.04M | ▲ 31.3% |
| Amounts payable after more than one year17 | €474k | €427k | €429k | €370k | €319k | ▼ 13.9% |
| Financial debts170/4 | - | €427k | €429k | €370k | €319k | ▼ 13.9% |
| Amounts payable within one year42/48 | €254k | €433k | €345k | €417k | €724k | ▲ 73.6% |
| Current portion of amounts payable after more than one year42 | - | €50k | €61k | €58k | €51k | ▼ 12.0% |
| Financial debts43 | - | €125k | €125k | €125k | €425k | ▲ 240% |
| Credit institutions430/8 | - | €125k | €125k | €125k | €425k | ▲ 240% |
| Trade debts44 | €36k | €113k | €133k | €189k | €176k | ▼ 7.0% |
| Suppliers440/4 | - | €113k | €133k | €189k | €176k | ▼ 7.0% |
| Taxes, remuneration and social security45 | - | €140k | €22k | €39k | €67k | ▲ 72.2% |
| Taxes450/3 | - | €123k | €2k | €2k | €23k | ▲ 1,134% |
| Remuneration and social security454/9 | - | €17k | €20k | €37k | €43k | ▲ 17.6% |
| Other amounts payable47/48 | - | €5k | €5k | €6k | €5k | ▼ 9.8% |
| Accrued charges and deferred income492/3 | - | €647k | €207k | €7k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-11k | €36k | €40k | €43k | €34k | ▼ 21.7% |
| + Depreciation and write-downs630 | €95k | €82k | €73k | €85k | €85k | ▼ 0.4% |
| Operating cash flow (approximation) | €84k | €118k | €113k | €129k | €119k | ▼ 7.6% |
| Investment in fixed assets (approximation) | - | €-16k | €-76k | €-57k | €-18k | ▲ 68.2% |
| Change in cash | - | €138k | €-247k | €-47k | €30k | ▲ 164% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
17-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-06
Financial
Equity above €500kEq €509k ▲12%
3 profitable years in a row build equity to €509k.
23-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
27-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
Financial
Back to profitnet €36k
Net result €36k after one loss-making year.
20-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
02-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
11-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
10-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
13-01
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.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
6 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, Verviers · 1 establishment unit since 2004
Ground area
2,127 m²
Building footprint
626 m²
Volume, LiDAR
4,156 m³
Parcel 63059A0316/00R000, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
INDUTECH
since 20042.137.714.803
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63059A0316/00R000 | Wallonia | 2,127 m² | 1 · 626 m² | 7.4 m · 2 fl. |
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.
Similar companies · same sector, comparable size
Safy Security
BE 0757.539.118
Deinze · Eq €538,419
O.CONTROLS
BE 0600.920.245
Houffalize · Eq €539,145
Elektrotechniek Benny
BE 0840.268.834
Lokeren · Eq €539,286
ATELIER LT
BE 0425.141.892
Moorslede · Eq €538,236
SOEN DAVID
BE 0889.378.944
Ieper · Eq €539,556
Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 6,285 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
Founded29-04-2004
Fiscal year end30-06
Activities, NACEBEL 2025
43211General electrical installation work
46180Agents specialised in the wholesale of other particular products
47789Other retail sale of new goods
Contact
Website
indu-tech.be
E-mail
info@indu-tech.be
E-mail
diego.bosmans@indu-tech.beVerviers
Phone
0495538290Verviers
Scores and ratios are computed by Checked and are not a credit decision.