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MICROTECHNICS

Active
Private limited company (pre-2019)founded 198343 yrs activeRue de Void 21, 4260 Braives, BelgiumKBO/BCE: BE 0424.614.035
Summary

The computed 12-month bankruptcy probability of MICROTECHNICS is 2.1% (moderate). For MICROTECHNICS, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€53,043) and a net result of -€2,282. Equity is shrinking by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 287 sector peers (fiscal year 2023). The company has been active since 1983 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability26▲+10
Solvency0=
Growth32▼-26
Track record84
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023
Solvency, return and age of the figures
Solvency
-107.4%
Return on assets
-4.6%
Age of the figures
33 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 27
Relative position
BE, all sectors
reference
Manufacture of electrical equipment (NACE 27)
about 104% 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 43 years 0 50 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 09-01-2024, 204 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
204 d early
2022
149 d late
2021
515 d late
2017
69 d late
2016
434 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 193 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 37% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Strikeout withdrawnStrikeout withdrawal

History

MICROTECHNICS was incorporated on 5 September 1983.1 Total assets went from EUR 51,981 in 2021 to EUR 49,371 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2023

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Financials · fiscal year 2023, micro schema

Turnover
€1,034
EBIT margin
-211.5%
Net result
-€2,282▼ 83.3%
2022 · -€1,245
Working capital
Not included in this filing
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 27, Manufacture of electrical equipment, 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
Line202120222023
Turnover€1,034-
Operating result-€2,187--€1,119▲ 48.8%-€2,271▼ 103%
Net result-€2,209within the sector's middle half--€1,245within the sector's middle half▲ 43.6%-€2,282below the sector's middle half▼ 83.3%
EBIT margin-211.5%-
Equity-€49,516below the sector's middle half--€50,761below the sector's middle half▼ 2.5%-€53,043below the sector's middle half▼ 4.5%
Total assets€51,981below the sector's middle half-€49,436below the sector's middle half▼ 4.9%€49,371below the sector's middle half▼ 0.1%
Debt€101,497-€100,197▼ 1.3%€102,414▲ 2.2%
Solvency-95.3%below the sector's middle half--102.7%below the sector's middle half▼ 7.4pp-107.4%below the sector's middle half▼ 4.8pp
above within below the middle half (P25 to P75) of NACE 27, Manufacture of electrical equipment, 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
-€3,000-€2,000-€1,000€0Operating result 2021: -€2,187-€2,187Net result 2021: -€2,209-€2,209Operating result 2022: -€1,119-€1,119Net result 2022: -€1,245-€1,245Operating result 2023: -€2,271-€2,271Net result 2023: -€2,282-€2,282202120222023-€3,000-€2,000-€1,000€0Operating result 2021: -€2,187-€2,190Net result 2021: -€2,209-€2,210Operating result 2022: -€1,119-€1,120Net result 2022: -€1,245-€1,250Operating result 2023: -€2,271-€2,270Net result 2023: -€2,282-€2,280202120222023
The operating result stays negative: a loss of €2,271 in 2023 against €1,119 in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €49,371
Fixed assets €12,805 =
Current assets €36,566 ▼ 0.2%
Key figures and ratios
2023 value · change against 2022
Debt to equity
-1.93▲
2022 · -1.97
ROA
-4.6%▼
2022 · -2.5%
Debt > 1 year
€102,414▲
2022 · €100,197
Staff costs
€384
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 41 lines
Balance sheet Code20222023
Assets
Total assets20/58€49,436€49,371▼
Fixed assets21/28€12,805€12,805=
Tangible fixed assets22/27€12,405€12,405=
Land and buildings22€12,405€12,405=
Financial fixed assets28€400€400=
Current assets29/58€36,631€36,566▼
Stocks and contracts in progress3€25,445€25,445=
Stocks30/36€25,445€25,445=
Amounts receivable within one year40/41€10,983€11,121▲
Trade receivables40€10,983€10,983=
Other amounts receivable41-€138
Cash at bank and in hand54/58€203€0▼
Equity and liabilities
Total equity and liabilities10/49€49,436€49,371▼
Equity10/15-€50,761-€53,043▼
Contributions10/11€68,171€68,171=
Capital10-€68,171
Issued capital100-€68,171
Revaluation surpluses12€5,702€5,702=
Reserves13€5,578€5,578=
Non-distributable reserves130/1€620€620=
Reserves not available under the articles1311€620€620=
Tax-exempt reserves132€4,958€4,958=
Profit (loss) carried forward14-€130,212-€132,494▼
Amounts payable17/49€100,197€102,414▲
Amounts payable after more than one year17€100,197€102,414▲
Other amounts payable178/9€100,197€102,414▲
Income statement Code20222023
Goods, raw materials, services and sundry goods60/61€21€1,703▲
Remuneration, social security and pensions62-€384
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€869-
Other operating charges640/8-€184
Non-recurring operating charges66A€229-
Gross operating margin9900-€21-€1,703▼
Operating profit (loss)9901-€1,119-€2,271▼
Financial charges65/66B€126€11▼
Recurring financial charges65€126€11▼
Non-recurring financial charges66B€126€11▼
Profit (loss) for the period before taxes9903-€1,245-€2,282▼
Profit (loss) for the period9904-€1,245-€2,282▼
Profit (loss) for the period to be appropriated9905-€1,245-€2,282▼
Appropriation of the result
Profit (loss) to be appropriated9906-€130,212-€132,494▼
Profit (loss) brought forward from the previous period14P-€128,967-€130,212▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202120222023Change
Turnover70€1,034---
Goods, raw materials, services and sundry goods60/61€2,270€21€1,703▲ 8,010%
Remuneration, social security and pensions62--€384-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€869€869--
Other operating charges640/8€82-€184-
Non-recurring operating charges66A-€229--
Gross operating margin9900-€1,236-€21-€1,703▼ 8,010%
Operating profit (loss)9901-€2,187-€1,119-€2,271▼ 103%
Financial charges65/66B€22€126€11▼ 91.3%
Recurring financial charges65€22€126€11▼ 91.3%
Non-recurring financial charges66B€22€126€11▼ 91.3%
Profit (loss) for the period before taxes9903-€2,209-€1,245-€2,282▼ 83.3%
Profit (loss) for the period9904-€2,209-€1,245-€2,282▼ 83.3%
Profit (loss) for the period to be appropriated9905-€2,209-€1,245-€2,282▼ 83.3%
Line202120222023Change
Assets
Total assets20/58€51,981€49,436€49,371▼ 0.1%
Fixed assets21/28€13,674€12,805€12,805=
Tangible fixed assets22/27€13,274€12,405€12,405=
Land and buildings22€12,405€12,405€12,405=
Furniture and vehicles24€869---
Financial fixed assets28€400€400€400=
Current assets29/58€38,307€36,631€36,566▼ 0.2%
Stocks and contracts in progress3€25,445€25,445€25,445=
Stocks30/36€25,445€25,445€25,445=
Amounts receivable within one year40/41€12,430€10,983€11,121▲ 1.3%
Trade receivables40€12,420€10,983€10,983=
Other amounts receivable41€10-€138-
Cash at bank and in hand54/58€432€203€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€51,981€49,436€49,371▼ 0.1%
Equity10/15-€49,516-€50,761-€53,043▼ 4.5%
Contributions10/11€68,171€68,171€68,171=
Capital10--€68,171-
Issued capital100--€68,171-
Revaluation surpluses12€5,702€5,702€5,702=
Reserves13€5,578€5,578€5,578=
Non-distributable reserves130/1€620€620€620=
Reserves not available under the articles1311€620€620€620=
Tax-exempt reserves132€4,958€4,958€4,958=
Profit (loss) carried forward14-€128,967-€130,212-€132,494▼ 1.8%
Amounts payable17/49€101,497€100,197€102,414▲ 2.2%
Amounts payable after more than one year17€101,497€100,197€102,414▲ 2.2%
Other amounts payable178/9€101,497€100,197€102,414▲ 2.2%
Line202120222023Change
Profit (loss) for the period9904-€2,209-€1,245-€2,282▼ 83.3%
+ Depreciation and write-downs630€869€869--
Operating cash flow (approximation)-€1,340-€376-€2,282▼ 507%
Investment in fixed assets (approximation)-€0€0-
Change in cash--€229-€203▲ 11.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
19-01
KBO administration Strikeout withdrawn
event 09-01-2024
09-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet -€2,282
Net result drops to -€2,282, the lowest in the series.
28-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 515 days late
27-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 149 days late
2018
07-12
KBO administration Strikeout withdrawal
event 08-10-2018
08-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 69 days late
08-10
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 434 days late
08-10
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 799 days late
1997
13-01
NBB filing Annual accounts filed
fiscal year 1995 · full schema · 166 days late
1995
10-10
NBB filing Annual accounts filed
fiscal year 1994 · full schema · 71 days late
1994
31-10
NBB filing Annual accounts filed
fiscal year 1993 · full schema · 92 days late
14-02
NBB filing Annual accounts filed
fiscal year 1992 · full schema · 198 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Braives · 1 establishment unit since 1983
seat establishment The establishment unit on the map
Ground area
4,352 m²
Building footprint
206 m²
Volume, LiDAR
1,974 m³
2 parcels, Wallonia · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Void 13, 4260 Braives
NACE 3162101
since 19832.022.957.170
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
64017A0468/00K000 Wallonia 2,494 m² 1 · 98 m² 11.0 m · 3 fl.
64017A0441/00N000 Wallonia 1,858 m² 1 · 108 m² 11.6 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 142 companies in sector 27900 we hold annual accounts for 103. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded05-09-1983
Fiscal year end31-12
Activities, NACEBEL 2025
27900Manufacture of electrical equipment
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46180Agents specialised in the wholesale of other particular products
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.