S-TECH
ActiveS-TECH has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €587k and a net result of €175k. Equity is growing by ~23.1% per year across the filed fiscal years. Its solvency ranks better than 50% of 473 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
94
/ 100
Excellent▲ +15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+85
Solvency77▼-11
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 1.85 against 2.5 in 2024), but 62.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
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
37.1%
Return on assets
11.1%
Age of the figures
8 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 · 8 filingsDeviation from the deadline
2025
29 d late
2024
30 d late
2023
50 d early
2022
31 d late
2021
22 d late
2020
31 d late
2019
70 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€587k▲ 42.6%
2024 · €412k
2018: €51k
2019: €85k
2020: €143k
2021: €265k
2022: €374k
2023: €400k
2024: €412k
2018 → 2025
Total assets
€1.58M▲ 66.5%
2024 · €951k
2018: €97k
2019: €120k
2020: €512k
2021: €693k
2022: €742k
2023: €719k
2024: €951k
2018 → 2025
Net result
€175k▲ 1,343%
2024 · €12k
2018: €45k
2019: €34k
2020: €57k
2021: €122k
2022: €110k
2023: €25k
2024: €12k
2018 → 2025
Working capital
€210k▼ 10.5%
2024 · €235k
2018: €41k
2019: €75k
2020: €106k
2021: €194k
2022: €290k
2023: €307k
2024: €235k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€265k-€374k▲ 41.5%€400k▲ 6.7%€412k▲ 3.0%€587k▲ 42.6%
Operating result€160k-€149k▼ 7.2%€36k▼ 75.5%€20k▼ 46.3%€244k▲ 1,144%
Net result€122k-€110k▼ 10.0%€25k▼ 77.0%€12k▼ 51.8%€175k▲ 1,343%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1,144% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.58M
Fixed assets
€1.13M▲ 101%
Current assets
€456k▲ 16.6%
Equity and liabilities €1.58M
Equity
€587k▲ 42.6%
Debt
€996k▲ 84.8%
The debt ratio rises from 56.7% to 62.9%: debt grows faster than equity.
Key figures and ratios
EBITDA
€302k▲
2024 · €101k
Cash flow
€233k▲
2024 · €94k
Solvency
37.1%▼
2024 · 43.3%
Current ratio
1.85▼
2024 · 2.50
Quick ratio
1.28▼
2024 · 1.65
Debt / equity
1.70▲
2024 · 1.31
ROE
29.9%▲
2024 · 3.0%
ROA
11.1%▲
2024 · 1.3%
Interest coverage
8.63▼
2024 · 18.06
Debt
€996k▲
2024 · €539k
Debt ≤ 1 year
€246k▲
2024 · €156k
Debt > 1 year
€750k▲
2024 · €383k
Income taxes
€34k▲
2024 · €3k
Staff costs
€54k▲
2024 · €50k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€951k€1.58M▲
Fixed assets21/28€560k€1.13M▲
Intangible fixed assets21€489€42▼
Tangible fixed assets22/27€559k€1.13M▲
Land and buildings22€486k€1.01M▲
Plant, machinery and equipment23€36k€35k▼
Furniture and vehicles24€38k€80k▲
Financial fixed assets28-€248
Current assets29/58€391k€456k▲
Stocks and contracts in progress3€133k€142k▲
Stocks30/36€133k€142k▲
Amounts receivable within one year40/41€78k€181k▲
Trade receivables40€55k€157k▲
Other amounts receivable41€22k€24k▲
Cash at bank and in hand54/58€176k€123k▼
Deferred charges and accrued income490/1€4k€11k▲
Equity and liabilities
Total equity and liabilities10/49€951k€1.58M▲
Equity10/15€412k€587k▲
Contributions10/11€6k€6k=
Reserves13€405k€581k▲
Distributable reserves133€405k€581k▲
Amounts payable17/49€539k€996k▲
Amounts payable after more than one year17€383k€750k▲
Financial debts170/4€383k€750k▲
Amounts payable within one year42/48€156k€246k▲
Current portion of amounts payable after more than one year42€60k€66k▲
Financial debts43€8k€8k▼
Credit institutions430/8€8k€8k▼
Trade debts44€77k€108k▲
Suppliers440/4€77k€108k▲
Advances received on contracts in progress46-€416
Taxes, remuneration and social security45€11k€63k▲
Taxes450/3€6k€58k▲
Remuneration and social security454/9€5k€5k▲
Other amounts payable47/48€43€0▼
Income statement
Code20242025
Non-recurring operating income76A-€193k
Remuneration, social security and pensions62€50k€54k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€82k€58k▼
Other operating charges640/8€3k€4k▲
Non-recurring operating charges66A-€21k
Gross operating margin9900€155k€381k▲
Operating profit (loss)9901€20k€244k▲
Financial income75/76B€2k€582▼
Recurring financial income75€2k€582▼
Non-recurring financial income76B€0-
Financial charges65/66B€6k€35k▲
Recurring financial charges65€6k€35k▲
Profit (loss) for the period before taxes9903€15k€209k▲
Income taxes67/77€3k€34k▲
Profit (loss) for the period9904€12k€175k▲
Profit (loss) for the period to be appropriated9905€12k€175k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€175k▲
Transfer to equity691/2€12k€175k▲
To other reserves6921€12k€175k▲
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 29 days late
19-03
State Gazette act
Registered officeGeneral meeting · Registered-office move2 facts ▸
State Gazette act
Registered office
General meeting · Registered-office move2 facts ▸
- General meeting, 02/02/2026
- Registered-office move, Tumulusstraat 8 te 8710 Wielsbeke
2025
31-12
Financial
Highest result since 2018net €175k ▲1343%
Operating result €244k, net result €175k, both a record.
31-12
Financial
Equity above €500kEq €587k ▲42.6%
8 profitable years in a row build equity to €587k.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 30 days late
2024
31-12
Financial
Weakest financial yearnet €12k ▼51.8%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-12
Financial
Equity above €200kEq €265k ▲85.4%
4 profitable years in a row build equity to €265k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Equity above €100kEq €143k ▲67.2%
3 profitable years in a row build equity to €143k.
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2020
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.
31-07-2020
LANDSHEERE Ann: Resigned as Director
31-07-2020
VAN BELLEGHEM Stein: Resigned as Director
Location & real-estate footprint
Registered office, Wielsbeke · 1 establishment unit since 2026
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.
Tumulusstraat 88710 WielsbekeGround area
2,406 m²
Parcel 37017C0191/00D003, Flanders. Linked by address, not a title deed.
1 establishment unit
Zwembadman
since 20262.387.035.089
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37017C0191/00D003 | Flanders | 2,406 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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, comparable size
MAJ-ELEC
BE 0502.749.317
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ACCESS MAINTENANCE
BE 0650.557.026
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ELEKTRICITEITSWERKEN COOL
BE 0739.861.461
Zedelgem · Eq €654k
LENLINN
BE 0502.580.655
Lebbeke · Eq €526k
BAROTEC
BE 0866.971.053
Evergem · Eq €655k
Of 641 companies in sector 33140 we hold annual accounts for 199. 97 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-01-2018
Fiscal year end31-12
Activities, NACEBEL
33140Repair and maintenance of electrical equipment
43211General electrical installation work
41001General construction of residential buildings
42990Civil engineering
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.