KH Technics
ActiveSummary
The computed 12-month bankruptcy probability of KH Technics is 2.0% (moderate). The 2025 annual accounts show equity of €55k and a net result of €8k. Equity is growing by ~35.9% per year across the filed fiscal years. Its solvency ranks better than 56% of 1316 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability78▼-18
Solvency76▲+11
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 2.0 against 1.04 in 2024; short-term debt: 26.3% and cash: 23% of total assets), and 48.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 33
Relative position
BE, all sectors
reference
Repair, maintenance and installation of machinery and equipment (NACE 33)
about 56% more bankruptcies
← 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
51.3%
Return on assets
7.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-03-2026, 122 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
122 d early
2024
83 d early
2023
96 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€55k▲ 16.9%
2024 · €47k
Total assets
€107k▼ 9.8%
2024 · €118k
Net result
€8k▼ 69.2%
2024 · €26k
Working capital
€28k▲ 1,736%
2024 · €2k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€26k-€35k▲ 35.2%€14k▼ 61.1%
Net result€18k-€26k▲ 41.7%€8k▼ 69.2%
Equity€21k-€47k▲ 122%€55k▲ 16.9%
Total assets€64k-€118k▲ 83.6%€107k▼ 9.8%
Debt€43k-€72k▲ 65.1%€52k▼ 27.3%
Working capital€-3k-€2k€28k▲ 1,736%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 61% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €107k
Fixed assets
€51k ▼ 35.6%
Current assets
€56k ▲ 41.2%
Equity and liabilities €107k
Equity
€55k ▲ 16.9%
Debt
€52k ▼ 27.3%
Debt's share of the balance-sheet total falls from 60.4% to 48.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€42k▼
2024 · €57k
Cash flow
€36k▼
2024 · €47k
Current ratio
2.00▲
2024 · 1.04
Debt to equity
0.95▼
2024 · 1.53
ROE
14.5%▼
2024 · 54.9%
ROA
7.4%▼
2024 · 21.7%
Interest coverage
19.98▼
2024 · 23.30
Debt ≤ 1 year
€28k▼
2024 · €38k
Debt > 1 year
€24k▼
2024 · €33k
Income taxes
€4k▼
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14k | €22k | €28k | ▲ 28.4% |
| Other operating charges640/8 | €280 | €734 | €1k | ▲ 65.1% |
| Non-recurring operating charges66A | €2k | €0 | - | - |
| Gross operating margin9900 | €43k | €58k | €43k | ▼ 25.6% |
| Operating profit (loss)9901 | €26k | €35k | €14k | ▼ 61.1% |
| Financial income75/76B | - | - | €0 | - |
| Recurring financial income75 | - | - | €0 | - |
| Financial charges65/66B | €2k | €2k | €2k | ▼ 14.6% |
| Recurring financial charges65 | €2k | €2k | €2k | ▼ 14.6% |
| Profit (loss) for the period before taxes9903 | €24k | €33k | €12k | ▼ 64.5% |
| Income taxes67/77 | €6k | €7k | €4k | ▼ 47.4% |
| Profit (loss) for the period9904 | €18k | €26k | €8k | ▼ 69.2% |
| Profit (loss) for the period to be appropriated9905 | €18k | €26k | €8k | ▼ 69.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €64k | €118k | €107k | ▼ 9.8% |
| Fixed assets21/28 | €37k | €79k | €51k | ▼ 35.6% |
| Tangible fixed assets22/27 | €37k | €79k | €51k | ▼ 35.6% |
| Plant, machinery and equipment23 | €6k | €6k | €4k | ▼ 25.7% |
| Furniture and vehicles24 | €31k | €73k | €46k | ▼ 36.4% |
| Current assets29/58 | €28k | €40k | €56k | ▲ 41.2% |
| Amounts receivable within one year40/41 | €23k | €24k | €29k | ▲ 22.2% |
| Trade receivables40 | €23k | €24k | €29k | ▲ 22.2% |
| Cash at bank and in hand54/58 | €4k | €16k | €25k | ▲ 53.8% |
| Deferred charges and accrued income490/1 | €494 | €0 | €3k | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €64k | €118k | €107k | ▼ 9.8% |
| Equity10/15 | €21k | €47k | €55k | ▲ 16.9% |
| Contributions10/11 | €3k | €3k | €3k | = |
| Reserves13 | €18k | €18k | €18k | = |
| Distributable reserves133 | €18k | €18k | €18k | = |
| Profit (loss) carried forward14 | - | €26k | €34k | ▲ 30.8% |
| Amounts payable17/49 | €43k | €72k | €52k | ▼ 27.3% |
| Amounts payable after more than one year17 | €12k | €33k | €24k | ▼ 28.0% |
| Financial debts170/4 | €12k | €33k | €24k | ▼ 28.0% |
| Amounts payable within one year42/48 | €31k | €38k | €28k | ▼ 26.6% |
| Current portion of amounts payable after more than one year42 | €12k | €21k | €9k | ▼ 56.5% |
| Trade debts44 | €6k | €2k | €2k | ▼ 1.6% |
| Suppliers440/4 | €6k | €2k | €2k | ▼ 1.6% |
| Taxes, remuneration and social security45 | €3k | €6k | €10k | ▲ 64.7% |
| Taxes450/3 | €3k | €6k | €10k | ▲ 64.7% |
| Other amounts payable47/48 | €10k | €9k | €7k | ▼ 23.4% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €18k | €26k | €8k | ▼ 69.2% |
| + Depreciation and write-downs630 | €14k | €22k | €28k | ▲ 28.4% |
| Operating cash flow (approximation) | €32k | €47k | €36k | ▼ 24.4% |
| Investment in fixed assets (approximation) | - | €-64k | €0 | ▲ 100% |
| Change in cash | - | €12k | €9k | ▼ 25.5% |
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
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €8k ▼69.2%
Net result drops to €8k, the lowest in the series.
09-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2023net €26k ▲41.7%
Operating result €35k, net result €26k, both a record.
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro 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, Merksplas · 1 establishment unit since 2022
Ground area
681 m²
Building footprint
103 m²
Volume, LiDAR
551 m³
Parcel 13023G0176/00F002, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KH Technics
since 20222.338.658.815
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13023G0176/00F002 | Flanders | 681 m² | 1 · 103 m² | 7.6 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 3,718 companies in sector 33120 we hold annual accounts for 1,344. 1,053 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
Founded01-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
33120Repair and maintenance of machinery
33200Installation of industrial machinery and equipment
43211General electrical installation work
Scores and ratios are computed by Checked and are not a credit decision.