NS TECHNICS
ActiveSummary
NS TECHNICS has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €282k and a net result of €48k. Equity is growing by ~19.3% per year across the filed fiscal years. Its solvency ranks better than 17% of 2056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability55▲+15
Solvency42▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity tight (current ratio 1.08 against 1.05 in 2024; short-term debt: 54.5% and cash: 4.2% of total assets), and 83.4% 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
16.6%
Return on assets
2.8%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 2056 sector peers (2025).
NBB · sector comparisonPosition among 2056 sector peers
Solvency
better than 17%
← weakest
strongest →
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 28-01-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
on the day
2023
on the day
2022
on the day
2021
on the day
2020
2 d early
2019
on the day
← 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
€48k▲ 254%
2024 · €14k
Working capital
€75k▲ 55.1%
2024 · €49k
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
Line20212022202320242025
Operating result€41k▲ 76.1%€31k▼ 24.4%€179k▲ 483%€79k▼ 55.6%€129k▲ 63.0%
Net result€18k▲ 159%€7k▼ 57.8%€98k▲ 1,214%€14k▼ 86.1%€48k▲ 254%
Equity€133k▲ 15.3%€140k▲ 5.6%€220k▲ 56.6%€233k▲ 6.2%€282k▲ 20.6%
Total assets€1.32M▼ 0.2%€1.33M▲ 0.9%€1.53M▲ 14.8%€1.67M▲ 9.1%€1.70M▲ 1.7%
Debt€1.19M▼ 1.7%€1.19M▲ 0.4%€1.31M▲ 9.9%€1.44M▲ 9.6%€1.42M▼ 1.4%
Working capital€6k▼ 37.3%€146k▲ 2,339%€81k▼ 44.1%€49k▼ 40.2%€75k▲ 55.1%
Staff (FTE)6.5▲ 44.4%6.7▲ 3.1%5.9▼ 11.9%7.2▲ 22.0%7.3▲ 1.4%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 63% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.70M
Fixed assets
€697k ▼ 2.2%
Current assets
€1.00M ▲ 4.5%
Equity and liabilities €1.70M
Equity
€282k ▲ 20.6%
Debt
€1.42M ▼ 1.4%
Debt's share of the balance-sheet total falls from 86.0% to 83.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€211k▲
2024 · €142k
Cash flow
€130k▲
2024 · €76k
Current ratio
1.08▲
2024 · 1.05
Quick ratio
0.82▲
2024 · 0.42
Debt to equity
5.03▼
2024 · 6.15
ROE
17.1%▲
2024 · 5.8%
ROA
2.8%▲
2024 · 0.8%
Interest coverage
3.97▲
2024 · 2.42
Debt ≤ 1 year
€926k▲
2024 · €909k
Debt > 1 year
€484k▼
2024 · €527k
Income taxes
€29k▲
2024 · €7k
Staff costs
€485k▲
2024 · €457k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | €601k | €622k | €705k | ▲ 13.3% |
| Other operating income74 | - | - | €473k | €622k | €705k | ▲ 13.3% |
| Non-recurring operating income76A | - | - | €127k | - | - | - |
| Operating charges60/66A | - | - | €422k | €543k | €576k | ▲ 6.1% |
| Remuneration, social security and pensions62 | - | €327k | €354k | €457k | €485k | ▲ 6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €54k | €198k | €63k | €63k | €82k | ▲ 31.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €14k | - | - |
| Other operating charges640/8 | - | €9k | €5k | €9k | €9k | ▲ 2.8% |
| Gross operating margin9900 | €436k | €565k | - | - | - | - |
| Operating profit (loss)9901 | €41k | €31k | €179k | €79k | €129k | ▲ 63.0% |
| Financial income75/76B | - | €170 | €320 | €147 | €693 | ▲ 370% |
| Recurring financial income75 | €253 | €170 | €320 | €147 | €693 | ▲ 370% |
| Income from financial fixed assets750 | - | - | €320 | - | - | - |
| Other financial income752/9 | - | - | - | €147 | €693 | ▲ 370% |
| Financial charges65/66B | - | €17k | €31k | €59k | €53k | ▼ 9.3% |
| Recurring financial charges65 | €15k | €17k | €31k | €59k | €53k | ▼ 9.3% |
| Debt charges650 | - | - | €17k | - | - | - |
| Other financial charges652/9 | - | - | €14k | €59k | €53k | ▼ 9.3% |
| Profit (loss) for the period before taxes9903 | €26k | €14k | €148k | €21k | €77k | ▲ 269% |
| Income taxes67/77 | €8k | €6k | €50k | €7k | €29k | ▲ 298% |
| Taxes670/3 | - | - | €50k | €7k | €29k | ▲ 298% |
| Profit (loss) for the period9904 | €18k | €7k | €98k | €14k | €48k | ▲ 254% |
| Profit (loss) for the period to be appropriated9905 | €18k | €7k | €98k | €14k | €48k | ▲ 254% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.32M | €1.33M | €1.53M | €1.67M | €1.70M | ▲ 1.7% |
| Fixed assets21/28 | €453k | €301k | €419k | €712k | €697k | ▼ 2.2% |
| Tangible fixed assets22/27 | €453k | €301k | €419k | €712k | €697k | ▼ 2.2% |
| Land and buildings22 | - | €183k | €296k | €573k | €552k | ▼ 3.7% |
| Plant, machinery and equipment23 | - | €27k | €21k | €17k | €11k | ▼ 35.4% |
| Furniture and vehicles24 | - | €91k | €102k | €121k | €133k | ▲ 9.6% |
| Current assets29/58 | €867k | €1.03M | €1.11M | €958k | €1.00M | ▲ 4.5% |
| Stocks and contracts in progress3 | €89k | €556k | €609k | €577k | €243k | ▼ 57.8% |
| Stocks30/36 | - | €129k | €138k | €160k | €76k | ▼ 52.4% |
| Goods purchased for resale34 | - | - | €138k | €160k | €76k | ▼ 52.4% |
| Contracts in progress37 | - | €428k | €471k | €416k | €167k | ▼ 59.9% |
| Amounts receivable within one year40/41 | €346k | €445k | €478k | €355k | €685k | ▲ 93.2% |
| Trade receivables40 | - | €401k | €436k | €289k | €666k | ▲ 131% |
| Other amounts receivable41 | - | €44k | €43k | €66k | €19k | ▼ 71.4% |
| Cash at bank and in hand54/58 | €28k | €28k | €23k | €24k | €71k | ▲ 202% |
| Deferred charges and accrued income490/1 | - | €1k | €1k | €3k | €1k | ▼ 45.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.32M | €1.33M | €1.53M | €1.67M | €1.70M | ▲ 1.7% |
| Equity10/15 | €133k | €140k | €220k | €233k | €282k | ▲ 20.6% |
| Contributions10/11 | - | €12k | €12k | €12k | €12k | = |
| Reserves13 | €120k | €127k | €207k | €220k | €269k | ▲ 21.8% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Tax-exempt reserves132 | - | €66 | €66 | €66 | €66 | = |
| Distributable reserves133 | - | €125k | €205k | €220k | €268k | ▲ 21.8% |
| Profit (loss) carried forward14 | €565 | €565 | €565 | €565 | €565 | = |
| Amounts payable17/49 | €1.19M | €1.19M | €1.31M | €1.44M | €1.42M | ▼ 1.4% |
| Amounts payable after more than one year17 | €326k | €306k | €280k | €527k | €484k | ▼ 8.1% |
| Financial debts170/4 | - | €306k | €280k | €527k | €484k | ▼ 8.1% |
| Subordinated loans170 | - | - | €120k | - | €120k | - |
| Credit institutions173 | - | - | €160k | €407k | - | - |
| Other loans174 | - | - | - | €120k | €364k | ▲ 204% |
| Amounts payable within one year42/48 | €861k | €886k | €1.03M | €909k | €926k | ▲ 1.8% |
| Current portion of amounts payable after more than one year42 | - | €219k | €189k | €215k | €202k | ▼ 5.8% |
| Trade debts44 | €263k | €301k | €447k | €369k | €492k | ▲ 33.3% |
| Suppliers440/4 | - | €301k | €447k | €369k | €492k | ▲ 33.3% |
| Taxes, remuneration and social security45 | - | €41k | €100k | €60k | €92k | ▲ 53.0% |
| Taxes450/3 | - | €5k | €49k | €10k | €22k | ▲ 115% |
| Remuneration and social security454/9 | - | €36k | €51k | €50k | €70k | ▲ 40.6% |
| Other amounts payable47/48 | - | €325k | €295k | €265k | €139k | ▼ 47.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | €6k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18k | €7k | €98k | €14k | €48k | ▲ 254% |
| + Depreciation and write-downs630 | €54k | €198k | €63k | €63k | €82k | ▲ 31.1% |
| Operating cash flow (approximation) | €71k | €205k | €160k | €76k | €130k | ▲ 70.9% |
| Investment in fixed assets (approximation) | - | €-46k | €-180k | €-356k | €-67k | ▲ 81.3% |
| Change in cash | - | €673 | €-5k | €452 | €48k | ▲ 10,468% |
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
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
Financial
Highest result since 2019net €98k ▲1,214%
Operating result €179k, net result €98k, both a record.
30-06
Financial
Equity above €200kEq €220k ▲56.6%
5 profitable years in a row build equity to €220k.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 41 days late
2017
01-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 1 day late
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.
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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, Sint-Truiden · 1 establishment unit since 2009
Ground area
2,501 m²
Building footprint
1,005 m²
Parcel 71352D0248/00Z000, Flanders. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
NS TECHNICS
since 20092.179.704.024
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71352D0248/00Z000 | Flanders | 2,501 m² | 1 · 1,005 m² | - |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 371 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 93 EUR | 0 EUR |
| 2024 | 1 | 45 EUR | 0 EUR |
| 2022 | 1 | 233 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
6 categoriesNS TECHNICS BV35060
Dual-learning approval
2 endedMonteur centrale verwarming (so)
Monteur sanitaire en verwarmingsinstallaties duaal (so)
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Of 9,534 companies in sector 43222 we hold annual accounts for 5,664. 4,603 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
Founded17-07-2009
Fiscal year end30-06
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43211General electrical installation work
43221Plumbing work
43240Other construction installation
46643Wholesale of electrical equipment, including installation materials
47540Retail sale of electrical household appliances
Scores and ratios are computed by Checked and are not a credit decision.