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R-TEC Technics

Open bankruptcy
Private limited companyfounded 2007Stationsstraat 51, 3600 Genk, BelgiumKBO/BCE: BE 0886.988.982
Summary

A bankruptcy procedure is open for R-TEC Technics according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €999 and a net result of €9,465.

R-TEC TechnicsOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Tongeren division
Declared bankrupt
5 March 2024
Supervising judge
Patrick Poncelet
Official Gazette
11-03-2024 (pdf) ↗search the document for 2024/110096

Deadlines

Provisional date payments stopped
5 March 2024A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 26 March 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 4 April 2024art. XX.104 and XX.155 CEL
First verification report
passed on 16 April 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 5 March 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curators

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
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 January 2007, R-TEC Technics was incorporated.1 Total assets went from EUR 1,054 in 2019 to EUR 1.8 million in 2021.2 The company was declared bankrupt on 5 March 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2021
  3. 3Belgian State Gazette, 11-03-2024

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, micro schema

Equity
€999
2020 · -€8,466
Total assets
€1.8m▲ 376%
2020 · €375,251
Net result
€9,465▼ 1.1%
2020 · €9,570
Working capital
-€26,184▼ 77.3%
2020 · -€14,766
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction 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
Line2018201920202021
Operating result€1,592--€63€9,666€9,605▼ 0.6%
Net result€1,530--€107€9,570within the sector's middle half€9,465within the sector's middle half▼ 1.1%
Equity-€9,868--€9,976▼ 1.1%-€8,466below the sector's middle half▲ 15.1%€999below the sector's middle half
Total assets€811-€1,054▲ 29.9%€375,251above the sector's middle half▲ 35,489%€1.8mabove the sector's middle half▲ 376%
Debt€10,680-€11,030▲ 3.3%€383,717▲ 3,379%€1.8m▲ 365%
Working capital-€2,868--€2,976▼ 3.7%-€14,766below the sector's middle half▼ 396%-€26,184below the sector's middle half▼ 77.3%
Solvency-2.3%below the sector's middle half0.1%below the sector's middle half▲ 2.3pp
Current ratio0.96below the sector's middle half0.99below the sector's middle half▲ 0.02
Return on assets (ROA)2.6%within the sector's middle half0.5%below the sector's middle half▼ 2.0pp
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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
-€2,500€0€2,500€5,000€7,500€10,000Operating result 2018: €1,592€1,592Net result 2018: €1,530€1,530Operating result 2019: -€63-€63Net result 2019: -€107-€107Operating result 2020: €9,666€9,666Net result 2020: €9,570€9,570Operating result 2021: €9,605€9,605Net result 2021: €9,465€9,4652018201920202021-€2,500€0€2,500€5,000€7,500€10,000Operating result 2019: -€63-€63Net result 2019: -€107-€107Operating result 2020: €9,666€9,670Net result 2020: €9,570€9,570Operating result 2021: €9,605€9,610Net result 2021: €9,465€9,460201920202021
The operating result falls in 2021; 2021 is 1% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €1.8m
Fixed assets €27,183 ▲ 331%
Current assets €1.8m ▲ 377%
Equity and liabilities €1.8m
Equity €999
Debt €1.8m
Debt finances 99.9% of the balance-sheet total.
Key figures and ratios
2021 value · change against 2020
EBITDA
€16,222
Cash flow
€16,082
Interest coverage
91.31
Debt ≤ 1 year
€1.8m▲
2020 · €383,717
Staff costs
€87,807
Equity ratios withheld: equity of €999 is too small for a meaningful ratio.
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 · 2021 against 2020 · 33 lines
Balance sheet Code20202021
Assets
Total assets20/58€375,251€1.8m▲
Fixed assets21/28€6,300€27,183▲
Tangible fixed assets22/27€6,300€27,183▲
Furniture and vehicles24-€27,183
Current assets29/58€368,951€1.8m▲
Amounts receivable within one year40/41€349,342€1.8m▲
Trade receivables40-€1.7m
Other amounts receivable41-€96,561
Cash at bank and in hand54/58€19,609€986▼
Equity and liabilities
Total equity and liabilities10/49€375,251€1.8m▲
Equity10/15-€8,466€999▲
Profit (loss) carried forward14-€8,466€999▲
Amounts payable17/49€383,717€1.8m▲
Amounts payable within one year42/48€383,717€1.8m▲
Trade debts44€313,610€1.7m▲
Suppliers440/4-€1.7m
Taxes, remuneration and social security45-€43,335
Taxes450/3-€43,335
Other amounts payable47/48-€813
Income statement Code20202021
Remuneration, social security and pensions62-€87,807
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€6,617
Other operating charges640/8-€1,331
Gross operating margin9900€11,644€105,361▲
Operating profit (loss)9901€9,666€9,605▼
Financial income75/76B-€37
Recurring financial income75€448€37▼
Financial charges65/66B-€178
Recurring financial charges65€544€178▼
Profit (loss) for the period before taxes9903€9,570€9,465▼
Profit (loss) for the period9904€9,570€9,465▼
Profit (loss) for the period to be appropriated9905€9,570€9,465▼
Appropriation of the result
Profit (loss) to be appropriated9906-€999
Profit (loss) brought forward from the previous period14P--€8,466

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Remuneration, social security and pensions62---€87,807-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630---€6,617-
Other operating charges640/8---€1,331-
Gross operating margin9900€2,235-€1€11,644€105,361▲ 805%
Operating profit (loss)9901€1,592-€63€9,666€9,605▼ 0.6%
Financial income75/76B---€37-
Recurring financial income75--€448€37▼ 91.7%
Financial charges65/66B---€178-
Recurring financial charges65€58€45€544€178▼ 67.3%
Profit (loss) for the period before taxes9903€1,534-€107€9,570€9,465▼ 1.1%
Income taxes67/77€5----
Profit (loss) for the period9904€1,530-€107€9,570€9,465▼ 1.1%
Profit (loss) for the period to be appropriated9905€1,530-€107€9,570€9,465▼ 1.1%
Line2018201920202021Change
Assets
Total assets20/58€811€1,054€375,251€1.8m▲ 376%
Fixed assets21/28--€6,300€27,183▲ 331%
Tangible fixed assets22/27--€6,300€27,183▲ 331%
Furniture and vehicles24---€27,183-
Current assets29/58€811€1,054€368,951€1.8m▲ 377%
Amounts receivable within one year40/41-€90€349,342€1.8m▲ 404%
Trade receivables40---€1.7m-
Other amounts receivable41---€96,561-
Cash at bank and in hand54/58€811€964€19,609€986▼ 95.0%
Equity and liabilities
Total equity and liabilities10/49€811€1,054€375,251€1.8m▲ 376%
Equity10/15-€9,868-€9,976-€8,466€999▲ 112%
Contributions10/11€6,200€6,200---
Reserves13€1,860€1,860---
Profit (loss) carried forward14-€17,928-€18,036-€8,466€999▲ 112%
Amounts payable17/49€10,680€11,030€383,717€1.8m▲ 365%
Amounts payable after more than one year17€7,000€7,000---
Amounts payable within one year42/48€3,680€4,030€383,717€1.8m▲ 365%
Trade debts44€500€37€313,610€1.7m▲ 455%
Suppliers440/4---€1.7m-
Taxes, remuneration and social security45---€43,335-
Taxes450/3---€43,335-
Other amounts payable47/48---€813-
Line2018201920202021Change
Profit (loss) for the period9904€1,530-€107€9,570€9,465▼ 1.1%
+ Depreciation and write-downs630---€6,617-
Operating cash flow (approximation)€1,530-€107€9,570€16,082▲ 68.0%
Investment in fixed assets (approximation)----€27,500-
Change in cash-€153€18,645-€18,624▼ 200%

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
11-03
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · event 05-03-2024
2022
06-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 128 days late
2021
22-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 114 days late
2020
31-12
Financial Back to profitnet €9,570
Net result €9,570 after one loss-making year.
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial Weakest financial yearnet -€107
Net result drops to -€107, the lowest in the series.
24-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 24 days late
2018
30-11
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 122 days late
2017
28-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
31-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2014
28-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 28 days late
2013
27-08
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 27 days late
SignalFinancial 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Genk · 1 establishment unit since 2007
seat establishment The establishment unit on the map
Ground area
1,869 m²
Building footprint
890 m²
Volume, LiDAR
5,655 m³
2 parcels, Flanders · tallest building 14.1 m, ±3 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
R-Tech Technics
General electrical installation work
since 20072.159.425.975
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71302A0002/00F031 Flanders 1,551 m² 1 · 530 m² 6.3 m · 2 fl.
71016I1003/00R000 Flanders 318 m² 1 · 360 m² 14.1 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.

Insolvency mandates

2 mandates
Role Name Tenure
Curator CECILE NOELMANS
MOERENSTRAAT 33, 3700 TONGEREN
05-03-2024 → present
Curator CATHERINE NOEL- MANS
MOERENSTRAAT 33, 3700 TONGEREN-
05-03-2024 → present

Similar companies · same sector, comparable size

Of 22,829 companies in sector 43211 we hold annual accounts for 10,334. 985 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
Founded30-01-2007
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43212Electrical installation work in industrial facilities
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.

Register as of 29 September 2026 · Peppol Directory

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