RETECH
ActiveRETECH has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €81k and a net result of €-9k. Equity is growing by ~29.4% per year across the filed fiscal years. Its solvency ranks better than 27% of 19356 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
44
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability36▲+1
Solvency32▼-34
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days only on tighter terms
Liquidity short (current ratio 0.03 against 0.56 in 2023; short-term debt: 93.4% and cash: 0.5% of total assets), and 93.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
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 2024Solvency, return and age of the figures
Solvency
6.6%
Return on assets
-0.8%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-9k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
25 d late
2023
31 d early
2022
32 d early
2021
30 d late
2020
33 d early
2019
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€81k▼ 10.5%
2023 · €90k
2018: €-38k
2019: €-38k
2020: €-38k
2021: €100k
2022: €93k
2023: €90k
2018 → 2024
Total assets
€1.23M▲ 459%
2023 · €221k
2018: €5k
2019: €15k
2020: €354k
2021: €236k
2022: €223k
2023: €221k
2018 → 2024
Net result
€-9k▼ 264%
2023 · €-3k
2018: €-141
2019: €-522
2020: €119
2021: €25k
2022: €-7k
2023: €-3k
2018 → 2024
Working capital
€-1.12M▼ 1,849%
2023 · €-57k
2018: €-42k
2019: €-47k
2020: €-319k
2021: €69k
2022: €13k
2023: €-57k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-38k-€100k€93k▼ 7.3%€90k▼ 2.8%€81k▼ 10.5%
Operating result€168-€25k▲ 15,027%€-2k€-3k▼ 70.2%€-9k▼ 268%
Net result€119-€25k▲ 21,188%€-7k€-3k▲ 64.3%€-9k▼ 264%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2024 against €3k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.23M
Fixed assets
€1.20M▲ 711%
Current assets
€36k▼ 50.8%
Equity and liabilities €1.23M
Equity
€81k▼ 10.5%
Debt
€1.15M▲ 785%
The debt ratio rises from 59.1% to 93.4%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
6.6%▼
2023 · 40.9%
Current ratio
0.03▼
2023 · 0.56
Quick ratio
0.03▼
2023 · 0.56
Debt / equity
14.27▲
2023 · 1.44
ROE
-11.7%▼
2023 · -2.9%
ROA
-0.8%▲
2023 · -1.2%
Debt
€1.15M▲
2023 · €130k
Debt ≤ 1 year
€1.15M▲
2023 · €130k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€221k€1.23M▲
Fixed assets21/28€148k€1.20M▲
Tangible fixed assets22/27€148k€1.20M▲
Land and buildings22€148k€1.20M▲
Current assets29/58€73k€36k▼
Amounts receivable within one year40/41€16k€29k▲
Other amounts receivable41€16k€29k▲
Cash at bank and in hand54/58€57k€7k▼
Equity and liabilities
Total equity and liabilities10/49€221k€1.23M▲
Equity10/15€90k€81k▼
Contributions10/11€150k€150k=
Capital10€150k€150k=
Issued capital100€150k€150k=
Profit (loss) carried forward14€-60k€-69k▼
Amounts payable17/49€130k€1.15M▲
Amounts payable within one year42/48€130k€1.15M▲
Trade debts44€19€54k▲
Suppliers440/4€19€54k▲
Other amounts payable47/48€130k€1.10M▲
Income statement
Code20232024
Other operating charges640/8€1k€489▼
Gross operating margin9900€-1k€-9k▼
Operating profit (loss)9901€-3k€-9k▼
Financial charges65/66B€39€39▲
Recurring financial charges65€39€39▲
Profit (loss) for the period before taxes9903€-3k€-9k▼
Profit (loss) for the period9904€-3k€-9k▼
Profit (loss) for the period to be appropriated9905€-3k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-60k€-69k▼
Profit (loss) brought forward from the previous period14P€-57k€-60k▼
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Highest result since 2018net €25k ▲21188%
Operating result €25k, net result €25k, both a record.
31-12
Financial
Liquidity times 8current ratio 1.51
Current ratio from 0.19 to 1.51; short-term debt falls from €392k to €135k.
31-12
Financial
Equity above €100kEq €100k
2 profitable years in a row build equity to €100k.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €119
Net result €119 after 2 loss-making years.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
10-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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 1994
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lichtenberglaan 10013800 Sint-TruidenGround area
1.5 ha
Building footprint
4,476 m²
Volume, LiDAR
35,501 m³
2 parcels, Flanders · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
RETECH
since 19942.054.619.851
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71353I0020/00E000 | Flanders | 1.4 ha | 1 · 4,343 m² | 9.8 m · 3 fl. |
| 71061A0048/00H002 | Flanders | 749 m² | 1 · 133 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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, comparable size
Grizzly4
BE 0729.691.408
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Van Hemelen Projects
BE 1000.078.611
Merksplas · Eq €81k
BOHEZ CONSTRUCT
BE 0803.101.503
Willebroek · Eq €81k
Ayden
BE 0766.768.370
Ardooie · Eq €81k
JCM BOUW
BE 0679.476.585
Bree · Eq €81k
Of 9,695 companies in sector 68121 we hold annual accounts for 7,381. 5,251 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-03-1991
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
66300Activities auxiliary to financial services and insurance activities
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.