INDUTECH ENGINEERING
ActiveSummary
INDUTECH ENGINEERING has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €447,345 and a net result of -€17,003. Equity is growing by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 85% of 11472 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability15▲+2
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
short-term debt: 0.8% and cash: 46.2% of total assets, and 15.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€17,003
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 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
64 d early
2023
on the day
2022
on the day
2021
on the day
2020
2 d early
2019
16 d 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 12 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
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 close27-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€447,345▼ 3.7%
2024 · €464,348
Total assets
€529,715▼ 3.0%
2024 · €546,115
Net result
-€17,003▲ 31.2%
2024 · -€24,710
Working capital
€499,060▼ 8.0%
2024 · €542,407
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€124,611▼ 25.6%€77,449▼ 37.8%-€21,157-€24,842▼ 17.4%-€20,278▲ 18.4%
Net result€90,067above the sector's middle half▼ 23.2%€79,322above the sector's middle half▼ 11.9%-€20,518below the sector's middle half-€24,710below the sector's middle half▼ 20.4%-€17,003below the sector's middle half▲ 31.2%
Equity€430,254above the sector's middle half▲ 16.1%€509,576above the sector's middle half▲ 18.4%€489,058above the sector's middle half▼ 4.0%€464,348above the sector's middle half▼ 5.1%€447,345above the sector's middle half▼ 3.7%
Total assets€557,094above the sector's middle half▲ 4.9%€619,298above the sector's middle half▲ 11.2%€567,932above the sector's middle half▼ 8.3%€546,115above the sector's middle half▼ 3.8%€529,715above the sector's middle half▼ 3.0%
Debt€48,731▼ 40.9%€31,613▼ 35.1%€765▼ 97.6%€3,658▲ 378%€4,262▲ 16.5%
Working capital€496,049▲ 14.1%€586,161▲ 18.2%€566,704▼ 3.3%€542,407▼ 4.3%€499,060▼ 8.0%
Solvency77.2%above the sector's middle half▲ 7.5pp82.3%above the sector's middle half▲ 5.1pp86.1%above the sector's middle half▲ 3.8pp85.0%above the sector's middle half▼ 1.1pp84.4%above the sector's middle half▼ 0.6pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €20,278 in 2025 against €24,842 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €529,715
Fixed assets
€26,394 ▲ 53,135%
Current assets
€503,321 ▼ 7.8%
Equity and liabilities €529,715
Equity
€447,345 ▼ 3.7%
Provisions
€78,109 =
Debt
€4,262 ▲ 16.5%
Debt's share of the balance-sheet total rises from 0.7% to 0.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€15,266▲
2024 · -€24,428
Cash flow
-€11,992▲
2024 · -€24,297
Debt to equity
0.01▲
2024 · 0.01
ROE
-3.8%▲
2024 · -5.3%
ROA
-3.2%▲
2024 · -4.5%
Interest coverage
-24.06▼
2024 · -20.06
Debt ≤ 1 year
€4,262▲
2024 · €3,658
Income taxes
€173▼
2024 · €235
A ratio outside any meaningful range has been withheld (balance sheet total €529,715, equity €447,345).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,594 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.2%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 8,594 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,695 | €1,695 | €1,061 | €413 | €5,011 | ▲ 1,113% |
| Other operating charges640/8 | - | €747 | €556 | €640 | €451 | ▼ 29.5% |
| Gross operating margin9900 | €126,608 | €79,892 | -€19,541 | -€23,788 | -€14,815 | ▲ 37.7% |
| Operating profit (loss)9901 | €124,611 | €77,449 | -€21,157 | -€24,842 | -€20,278 | ▲ 18.4% |
| Financial income75/76B | - | €34,000 | €2,064 | €1,584 | €4,082 | ▲ 158% |
| Recurring financial income75 | €9,742 | €34,000 | €2,064 | €1,584 | €4,082 | ▲ 158% |
| Financial charges65/66B | - | €1,182 | €1,173 | €1,218 | €635 | ▼ 47.9% |
| Recurring financial charges65 | €1,175 | €1,182 | €1,173 | €1,218 | €635 | ▼ 47.9% |
| Profit (loss) for the period before taxes9903 | €133,178 | €110,268 | -€20,266 | -€24,475 | -€16,830 | ▲ 31.2% |
| Income taxes67/77 | €43,111 | €30,946 | €252 | €235 | €173 | ▼ 26.3% |
| Profit (loss) for the period9904 | €90,067 | €79,322 | -€20,518 | -€24,710 | -€17,003 | ▲ 31.2% |
| Transfer from tax-exempt reserves789 | - | €9,141 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €90,067 | €88,464 | -€20,518 | -€24,710 | -€17,003 | ▲ 31.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €557,094 | €619,298 | €567,932 | €546,115 | €529,715 | ▼ 3.0% |
| Fixed assets21/28 | €12,314 | €1,524 | €463 | €50 | €26,394 | ▲ 53,135% |
| Tangible fixed assets22/27 | €3,169 | €1,474 | €413 | - | €26,345 | - |
| Furniture and vehicles24 | - | €1,474 | €413 | - | €26,345 | - |
| Financial fixed assets28 | €9,145 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €544,780 | €617,774 | €567,469 | €546,065 | €503,321 | ▼ 7.8% |
| Amounts receivable within one year40/41 | €136,420 | €684 | €1,214 | €468 | €1,052 | ▲ 125% |
| Trade receivables40 | - | - | €352 | - | - | - |
| Other amounts receivable41 | - | €684 | €863 | €468 | €1,052 | ▲ 125% |
| Current investments50/53 | €245,899 | €250,635 | €252,070 | €253,179 | €256,036 | ▲ 1.1% |
| Cash at bank and in hand54/58 | €161,287 | €365,313 | €312,973 | €292,419 | €244,935 | ▼ 16.2% |
| Deferred charges and accrued income490/1 | - | €1,143 | €1,212 | - | €1,299 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €557,094 | €619,298 | €567,932 | €546,115 | €529,715 | ▼ 3.0% |
| Equity10/15 | €430,254 | €509,576 | €489,058 | €464,348 | €447,345 | ▼ 3.7% |
| Contributions10/11 | - | €64,389 | €64,389 | €64,389 | €64,389 | = |
| Reserves13 | €365,864 | €445,187 | €444,526 | €444,526 | €444,526 | = |
| Non-distributable reserves130/1 | - | €6,439 | €6,439 | €6,439 | €6,439 | = |
| Reserves not available under the articles1311 | - | €6,439 | €6,439 | €6,439 | €6,439 | = |
| Distributable reserves133 | - | €438,748 | €438,088 | €438,088 | €438,088 | = |
| Profit (loss) carried forward14 | - | - | -€19,858 | -€44,568 | -€61,571 | ▼ 38.2% |
| Provisions and deferred taxes16 | €78,109 | €78,109 | €78,109 | €78,109 | €78,109 | = |
| Provisions for liabilities and charges160/5 | - | €78,109 | €78,109 | €78,109 | €78,109 | = |
| Pensions and similar obligations160 | - | €78,109 | €78,109 | €78,109 | €78,109 | = |
| Amounts payable17/49 | €48,731 | €31,613 | €765 | €3,658 | €4,262 | ▲ 16.5% |
| Amounts payable within one year42/48 | €48,731 | €31,613 | €765 | €3,658 | €4,262 | ▲ 16.5% |
| Trade debts44 | €1,708 | €1,685 | €712 | €736 | €420 | ▼ 43.0% |
| Suppliers440/4 | - | €1,685 | €712 | €736 | €420 | ▼ 43.0% |
| Taxes, remuneration and social security45 | - | €29,042 | - | - | €10 | - |
| Taxes450/3 | - | €29,042 | - | - | €10 | - |
| Other amounts payable47/48 | - | €885 | €53 | €2,922 | €3,832 | ▲ 31.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €90,067 | €79,322 | -€20,518 | -€24,710 | -€17,003 | ▲ 31.2% |
| + Depreciation and write-downs630 | €1,695 | €1,695 | €1,061 | €413 | €5,011 | ▲ 1,113% |
| Operating cash flow (approximation) | €91,762 | €81,017 | -€19,457 | -€24,297 | -€11,992 | ▲ 50.6% |
| Investment in fixed assets (approximation) | - | €9,095 | €0 | €0 | -€31,356 | - |
| Change in cash | - | €204,025 | -€52,340 | -€20,553 | -€47,484 | ▼ 131% |
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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Weakest financial yearnet -€24,710
Net result drops to -€24,710, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Liquidity times 38current ratio 741.67
Current ratio from 19.54 to 741.67; short-term debt falls from €31,613 to €765.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Equity above €500,000Eq €509,576 ▲18.4%
4 profitable years in a row build equity to €509,576.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Highest result since 2019net €117,265 ▲127%
Operating result €167,392, net result €117,265, both a record.
15-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
14-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
16-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
15-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Brecht · 1 establishment unit since 1999
Ground area
1,004 m²
Building footprint
209 m²
Volume, LiDAR
1,023 m³
Parcel 11042B0190/00R002, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
INDUTECH ENGINEERING BVBA
since 19992.090.903.096
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11042B0190/00R002 | Flanders | 1,004 m² | 1 · 209 m² | 7.0 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.
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Of 1,805 companies in sector 46831 we hold annual accounts for 1,399. 1,026 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 (pre-2019)
Founded12-02-1999
Fiscal year end30-06
Activities, NACEBEL 2025
46831Wholesale of construction materials, general range
46851Wholesale of industrial chemicals
E-invoicing
Reachable via Peppol
Peppol ID
0208:0465438662
Also
9925:BE0465438662
Registered
22-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.