INFRATECH
ActiveSummary
INFRATECH has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.58M and a net result of €387k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 86% of 270 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▼-6
Solvency99▼-1
Growth43▲+1
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €440k at 30 days acceptable
Liquidity ample (current ratio 3.17 against 3.97 in 2024; short-term debt: 25.7% and cash: 13.6% of total assets), and 25.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 35
Relative position
BE, all sectors
reference
Sector 35
lower
← fewer bankruptcies
more bankruptcies →
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
74.1%
Return on assets
5.1%
Age of the figures
9 mo
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 · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
18192122232425
2018 to 2025 · latest year €5.58M
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
3 d late
2024
1 d late
2023
22 d early
2022
16 d late
2021
32 d early
2020
2 d early
2019
30 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€11.88M▲ 3.0%
2024 · €11.54M
2018: €14.29M
2019: €12.20M
2021: €15.71M
2022: €20.12M
2023: €11.73M
2024: €11.54M
2018 → 2025
EBIT margin
4.2%▼ 2.1pp
2024 · 6.3%
2018: 11.4%
2019: 10.9%
2021: 9.6%
2022: 12.3%
2023: 6.8%
2024: 6.3%
2018 → 2025
Net result
€387k▼ 24.4%
2024 · €513k
2018: €1.13M
2019: €952k
2021: €1.13M
2022: €1.98M
2023: €631k
2024: €513k
2018 → 2025
Working capital
€4.21M▲ 3.1%
2024 · €4.08M
2018: €3.61M
2019: €2.58M
2021: €3.72M
2022: €4.60M
2023: €3.52M
2024: €4.08M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€15.71M-€20.12M▲ 28.1%€11.73M▼ 41.7%€11.54M▼ 1.6%€11.88M▲ 3.0%
Equity€4.54M-€5.80M▲ 27.7%€4.68M▼ 19.3%€5.20M▲ 10.9%€5.58M▲ 7.5%
Operating result€1.51M-€2.47M▲ 64.1%€792k▼ 68.0%€722k▼ 8.9%€494k▼ 31.6%
Net result€1.13M-€1.98M▲ 75.1%€631k▼ 68.1%€513k▼ 18.8%€387k▼ 24.4%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 32% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.54M
Fixed assets
€1.39M ▲ 24.5%
Current assets
€6.14M ▲ 12.7%
Equity and liabilities €7.54M
Equity
€5.58M ▲ 7.5%
Debt
€1.95M ▲ 42.2%
Debt's share of the balance-sheet total rises from 20.9% to 25.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€526k▼
2024 · €858k
Cash flow
€419k▼
2024 · €649k
Current ratio
3.17▼
2024 · 3.97
Quick ratio
2.24▼
2024 · 2.88
Debt to equity
0.35▲
2024 · 0.26
ROE
6.9%▼
2024 · 9.9%
ROA
5.1%▼
2024 · 7.8%
Interest coverage
27.54▼
2024 · 358.33
Debt ≤ 1 year
€1.94M▲
2024 · €1.37M
Income taxes
€149k▼
2024 · €216k
Staff costs
€1.85M▼
2024 · €2.00M
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 · 77 lines
Balance sheet
Code20242025
Assets
Total assets20/58€6.57M€7.54M▲
Fixed assets21/28€1.12M€1.39M▲
Tangible fixed assets22/27€310k€282k▼
Land and buildings22€187k€177k▼
Plant, machinery and equipment23€1k€18▼
Furniture and vehicles24€68k€51k▼
Assets under construction and advance payments27€54k€54k=
Financial fixed assets28€809k€1.11M▲
Other financial fixed assets284/8€809k€1.11M▲
Amounts receivable and cash guarantees285/8€809k€1.11M▲
Current assets29/58€5.45M€6.14M▲
Stocks and contracts in progress3€1.50M€1.80M▲
Stocks30/36€1.50M€1.80M▲
Raw materials and consumables30/31-€170k
Work in progress32€153k€234k▲
Finished goods33-€32k
Goods purchased for resale34€1.34M€1.36M▲
Amounts receivable within one year40/41€3.08M€3.32M▲
Trade receivables40€2.42M€2.17M▼
Other amounts receivable41€652k€1.15M▲
Cash at bank and in hand54/58€879k€1.02M▲
Deferred charges and accrued income490/1€845€407▼
Equity and liabilities
Total equity and liabilities10/49€6.57M€7.54M▲
Equity10/15€5.20M€5.58M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€5.12M€5.51M▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€5.09M€5.48M▲
Investment grants15€17k€17k=
Amounts payable17/49€1.37M€1.95M▲
Amounts payable within one year42/48€1.37M€1.94M▲
Trade debts44€946k€1.22M▲
Suppliers440/4€946k€1.22M▲
Advances received on contracts in progress46€17k€68k▲
Taxes, remuneration and social security45€409k€646k▲
Taxes450/3€201k€400k▲
Remuneration and social security454/9€208k€246k▲
Accrued charges and deferred income492/3€210€15k▲
Income statement
Code20242025
Operating income70/76A€11.28M€12.06M▲
Turnover70€11.54M€11.88M▲
Change in stocks of work in progress, finished goods and contracts in progress71€-357k€113k▲
Other operating income74€92k€63k▼
Non-recurring operating income76A€4k-
Operating charges60/66A€10.55M€11.56M▲
Goods for resale, raw materials and consumables60€7.07M€8.24M▲
Purchases600/8€7.00M€8.43M▲
Change in stocks: decrease (increase)609€65k€-189k▼
Services and other goods61€874k€1.31M▲
Remuneration, social security and pensions62€2.00M€1.85M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€136k€32k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€439k€102k▼
Other operating charges640/8€23k€19k▼
Non-recurring operating charges66A€12k€1▼
Operating profit (loss)9901€722k€494k▼
Financial income75/76B€25k€62k▲
Recurring financial income75€25k€62k▲
Income from financial fixed assets750€15k€34k▲
Other financial income752/9€10k€28k▲
Financial charges65/66B€18k€19k▲
Recurring financial charges65€16k€19k▲
Debt charges650€2k-
Other financial charges652/9€13k€19k▲
Non-recurring financial charges66B€3k-
Profit (loss) for the period before taxes9903€729k€537k▼
Income taxes67/77€216k€149k▼
Taxes670/3€222k€149k▼
Tax adjustments and reversals of tax provisions77€5k-
Profit (loss) for the period9904€513k€387k▼
Profit (loss) for the period to be appropriated9905€513k€387k▼
Appropriation of the result
Profit (loss) to be appropriated9906€513k€387k▼
Transfer to equity691/2€513k€387k▼
To other reserves6921€513k€387k▼
Social balance
Average headcount (FTE)908723.221.1▼
The notes to these accounts (48 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 3 days late
2025
31-12
Financial
Weakest financial yearnet €387k ▼24.4%
Net result drops to €387k, the lowest in the series.
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 1 day late
2024
31-12
Financial
Equity above €5MEq €5.20M ▲10.9%
6 profitable years in a row build equity to €5.20M.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 16 days late
2022
31-12
Financial
Highest result since 2018net €1.98M ▲75.1%
Operating result €2.47M, net result €1.98M, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.52
Current ratio from 1.66 to 3.52; short-term debt falls from €5.62M to €1.83M.
31-12
Financial
Equity above €5MEq €5.80M ▲27.7%
4 profitable years in a row build equity to €5.80M.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 2 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
21 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, Thimister-Clermont · 1 establishment unit since 2001
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Les Plénesses 734890 Thimister-ClermontGround area
1.1 ha
Building footprint
610 m²
Volume, LiDAR
4,484 m³
Parcel 63077C0527/00F000, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
INFRATECH
since 20012.098.297.862
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63077C0527/00F000 | Wallonia | 1.1 ha | 1 · 610 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
967600OET2B9U1WBXX53
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Of 22 companies in sector 35220 we hold annual accounts for 14. 4 are within a factor 10 of this equity. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded19-03-2001
Fiscal year end31-12
Activities, NACEBEL 2025
35220Electricity, gas, steam and air conditioning supply
46842Wholesale trade
36000Water collection, treatment and supply
61100Wired, wireless and satellite telecommunications
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesPhone:087/440410
Fax:087/440419