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Ntech Management

Active
Private limited companyfounded 201214 yrs activeRue du Petit Sart 2, 1300 Wavre, BelgiumKBO/BCE: BE 0848.525.316
Summary

Ntech Management has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€82,884) and a net result of -€2,027. Equity is shrinking by ~2.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 653 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability34▼-7
Solvency0=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.65 against 0.66 in 2023; short-term debt: 153% and cash: 0% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 2024
Solvency, return and age of the figures
Solvency
-53%
Return on assets
-1.3%
Age of the figures
21 mo
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 14 years 0 20 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 · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€82,884
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-12-2025, 149 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
149 d late
2023
76 d late
2022
150 d late
2021
153 d late
2020
131 d late
2019
85 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 124 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 30 August 2012, Ntech Management was incorporated.1 Total assets went from EUR 21,070 in 2019 to EUR 156,432 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2024

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Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€2,027
2023 · €1,974
Working capital
-€82,884▼ 2.5%
2023 · -€80,857
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, 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
Line20202021202220232024
Operating result€5,262▲ 10.1%-€32,123€11,350€2,781▼ 75.5%-€1,981
Net result€4,898within the sector's middle half▲ 1.6%-€32,287below the sector's middle half€13,602within the sector's middle half€1,974within the sector's middle half▼ 85.5%-€2,027below the sector's middle half
Equity-€64,146below the sector's middle half▲ 7.1%-€96,433below the sector's middle half▼ 50.3%-€82,831below the sector's middle half▲ 14.1%-€80,857below the sector's middle half▲ 2.4%-€82,884below the sector's middle half▼ 2.5%
Total assets€26,910below the sector's middle half▲ 27.7%€38,821below the sector's middle half▲ 44.3%€69,267below the sector's middle half▲ 78.4%€159,805below the sector's middle half▲ 131%€156,432below the sector's middle half▼ 2.1%
Debt€91,056▲ 1.0%€135,254▲ 48.5%€152,098▲ 12.5%€240,662▲ 58.2%€239,316▼ 0.6%
Working capital-€64,146within the sector's middle half▲ 7.1%-€96,433below the sector's middle half▼ 50.3%-€82,831within the sector's middle half▲ 14.1%-€80,857below the sector's middle half▲ 2.4%-€82,884below the sector's middle half▼ 2.5%
Solvency-238.4%below the sector's middle half▲ 89.3pp-248.4%below the sector's middle half▼ 10.0pp-119.6%below the sector's middle half▲ 128.8pp-50.6%below the sector's middle half▲ 69.0pp-53.0%below the sector's middle half▼ 2.4pp
Current ratio0.30below the sector's middle half▲ 0.060.29below the sector's middle half▼ 0.010.46below the sector's middle half▲ 0.170.66below the sector's middle half▲ 0.210.65below the sector's middle half▼ 0.01
Return on assets (ROA)18.2%above the sector's middle half▼ 4.7pp-83.2%below the sector's middle half▼ 101.4pp19.6%above the sector's middle half▲ 102.8pp1.2%within the sector's middle half▼ 18.4pp-1.3%below the sector's middle half▼ 2.5pp
above within below the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2020: €5,262€5,262Net result 2020: €4,898€4,898Operating result 2021: -€32,123-€32,123Net result 2021: -€32,287-€32,287Operating result 2022: €11,350€11,350Net result 2022: €13,602€13,602Operating result 2023: €2,781€2,781Net result 2023: €1,974€1,974Operating result 2024: -€1,981-€1,981Net result 2024: -€2,027-€2,02720202021202220232024-€5,000€0€5,000€10,000€15,000Operating result 2022: €11,350€11,400Net result 2022: €13,602€13,600Operating result 2023: €2,781€2,780Net result 2023: €1,974€1,970Operating result 2024: -€1,981-€1,980Net result 2024: -€2,027-€2,030202220232024
The operating result turns negative in 2024: a loss of €1,981 after €2,781 in 2023.
Key figures and ratios
2024 value · change against 2023
Debt to equity
-2.89▲
2023 · -2.98
Debt ≤ 1 year
€239,316▼
2023 · €240,662
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,338 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a small loss
2.5% went bankrupt
5.6% stopped otherwise
90% still going

A further 1.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.7%
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 75% 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 2,338 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 30 lines
Balance sheet Code20232024
Assets
Total assets20/58€159,805€156,432▼
Current assets29/58€159,805€156,432▼
Amounts receivable within one year40/41€159,743€156,382▼
Trade receivables40€8,477€8,477=
Other amounts receivable41€151,266€147,905▼
Cash at bank and in hand54/58€62€50▼
Equity and liabilities
Total equity and liabilities10/49€159,805€156,432▼
Equity10/15-€80,857-€82,884▼
Contributions10/11€18,600€18,600=
Capital10€18,600€18,600=
Issued capital100€18,600€18,600=
Profit (loss) carried forward14-€99,457-€101,484▼
Amounts payable17/49€240,662€239,316▼
Amounts payable within one year42/48€240,662€239,316▼
Trade debts44€673€3,047▲
Suppliers440/4€673€3,047▲
Taxes, remuneration and social security45€3,858€3,858=
Taxes450/3€3,858€3,858=
Other amounts payable47/48€236,131€232,411▼
Income statement Code20232024
Gross operating margin9900€2,781-€1,981▼
Operating profit (loss)9901€2,781-€1,981▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€807€46▼
Recurring financial charges65€807€46▼
Profit (loss) for the period before taxes9903€1,974-€2,027▼
Profit (loss) for the period9904€1,974-€2,027▼
Profit (loss) for the period to be appropriated9905€1,974-€2,027▼
Appropriation of the result
Profit (loss) to be appropriated9906-€99,457-€101,484▼
Profit (loss) brought forward from the previous period14P-€101,431-€99,457▲
Line20202021202220232024Change
Gross operating margin9900€5,262-€32,123€11,350€2,781-€1,981▼ 171%
Operating profit (loss)9901€5,262-€32,123€11,350€2,781-€1,981▼ 171%
Financial income75/76B--€2,714€0--
Recurring financial income75--€2,714€0--
Financial charges65/66B-€164€462€807€46▼ 94.3%
Recurring financial charges65€364€164€462€807€46▼ 94.3%
Profit (loss) for the period before taxes9903€4,898-€32,287€13,602€1,974-€2,027▼ 203%
Profit (loss) for the period9904€4,898-€32,287€13,602€1,974-€2,027▼ 203%
Profit (loss) for the period to be appropriated9905€4,898-€32,287€13,602€1,974-€2,027▼ 203%
Line20202021202220232024Change
Assets
Total assets20/58€26,910€38,821€69,267€159,805€156,432▼ 2.1%
Current assets29/58€26,910€38,821€69,267€159,805€156,432▼ 2.1%
Amounts receivable within one year40/41€26,840€35,959€33,737€159,743€156,382▼ 2.1%
Trade receivables40-€33,435€33,737€8,477€8,477=
Other amounts receivable41-€2,524€0€151,266€147,905▼ 2.2%
Current investments50/53--€0---
Cash at bank and in hand54/58€70€2,862€35,530€62€50▼ 19.4%
Equity and liabilities
Total equity and liabilities10/49€26,910€38,821€69,267€159,805€156,432▼ 2.1%
Equity10/15-€64,146-€96,433-€82,831-€80,857-€82,884▼ 2.5%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Capital10-€18,600€18,600€18,600€18,600=
Issued capital100-€18,600€18,600€18,600€18,600=
Profit (loss) carried forward14-€82,746-€115,033-€101,431-€99,457-€101,484▼ 2.0%
Amounts payable17/49€91,056€135,254€152,098€240,662€239,316▼ 0.6%
Amounts payable within one year42/48€91,056€135,254€152,098€240,662€239,316▼ 0.6%
Trade debts44€2,789€17,351€47,601€673€3,047▲ 353%
Suppliers440/4-€17,351€47,601€673€3,047▲ 353%
Taxes, remuneration and social security45-€3,496€1,796€3,858€3,858=
Taxes450/3-€3,496€1,796€3,858€3,858=
Other amounts payable47/48-€114,407€102,701€236,131€232,411▼ 1.6%
Line20202021202220232024Change
Profit (loss) for the period9904€4,898-€32,287€13,602€1,974-€2,027▼ 203%
Operating cash flow (approximation)€4,898-€32,287€13,602€1,974-€2,027▼ 203%
Change in cash-€2,792€32,668-€35,468-€12▲ 100.0%

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

2025
27-12
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 149 days late
2024
15-10
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 76 days late
2023
28-12
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 150 days late
2022
31-12
Financial Back to profitnet €13,602
Net result €13,602 after one loss-making year.
31-12
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 153 days late
2021
31-12
Financial Weakest financial yearnet -€32,287
Net result drops to -€32,287, the lowest in the series; recovery starts the following year.
09-12
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 131 days late
2020
24-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 85 days late
2019
31-12
Financial Back to profitnet €4,823
Net result €4,823 after one loss-making year.
20-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 20 days late
2018
24-09
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 55 days late
2017
15-10
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 76 days late
2016
11-10
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 72 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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
5 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, Wavre
exact location from the address register On OpenStreetMap
Ground area
128 m²
Building footprint
136 m²
Volume, LiDAR
653 m³
Parcel 25055C0302/00D000, Wallonia · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25055C0302/00D000 Wallonia 128 m² 1 · 136 m² 6.7 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.

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 1,961 companies in sector 01430 we hold annual accounts for 742. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded30-08-2012
Fiscal year end31-12
Abbreviation FR NTECH
Activities, NACEBEL 2025
01430Raising of horses and other equines
E-invoicing
Reachable via Peppol
Peppol ID 0208:0848525316
Registered 20-11-2020

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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