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SPARKTECH INDUSTRIAL

Active Private limited companyfounded 2024active for 2 yearsBoeyenstraat 8, 3600 GenkKBO/BCE: BE 1012.781.651

Lifetime

1 annual account with figures
peak €67,150 (2025)
€67,150 
peak €41,155 (2025)
€41,155 
peak €46,155 (2025)
€46,155 
€38,314 
Board1 name since 2024
1 directorERGIN Furkan
Documentsfilings and deeds
06-07-202625 days before the deadline
2025micro format
Registered office moved from Diepenbeek to Genk 26-11First year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €200,000 estimated

The micro format states no turnover.

Checked score

52
Fair
Financially stronger than 62% of micro companies in repair and installation of machinery (NACE 33)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 2,399 companies (NACE 33, micro).

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 09-2025: 1.8%lowest value 10-2025: 1.8%● unchanged vs 09-2025lowest value 11-2025: 1.9%▲ +0.1 percentage points vs 10-2025 12-2025: 4.3%▲ +2.4 percentage points vs 11-2025 01-2026: 4.5%▲ +0.2 percentage points vs 12-2025 02-2026: 5.0%▲ +0.5 percentage points vs 01-2026 03-2026: 5.0%● unchanged vs 02-2026 04-2026: 5.2%▲ +0.2 percentage points vs 03-2026 05-2026: 5.3%▲ +0.1 percentage points vs 04-2026 06-2026: 5.1%▼ -0.2 percentage points vs 05-2026 07-2026: 5.5%▲ +0.4 percentage points vs 06-2026highest value 08-2026: 2.9%▼ -2.6 percentage points vs 07-2026 09-2026: 2.9%● unchanged vs 08-2026 10-2026: 2.9%● unchanged vs 09-2026 11-2026: 2.9%● unchanged vs 10-2026

Financial strength
Strong

80equity 54.6% of total assets
44short-term debt 36.4% · cash 8.5%
100return on assets 48.7%

Score breakdown

raises risk
Founded in 2024
Size: total assets €84,470
1 change of registered office in 24 months
lowers risk
Figures for financial year 2025 (filed on 06-07-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 33, micro). It does better than 62% of them on solvency, 34% on liquidity and 90% on profitability.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 39,278 companies had the same profile as SPARKTECH INDUSTRIAL has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of SPARKTECH INDUSTRIAL itself is higher: 2.9% within 12 months. It rests on far more data about SPARKTECH INDUSTRIAL than the profile alone.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,278 companies, not a prediction for SPARKTECH INDUSTRIAL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €2,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.68, above the usual 1.5. Short-term debt is 36.4% and cash 8.5% of total assets. 45.4% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €84,470
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 06-07-2026)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
25 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Board and ownership

EF
Director, since 26-08-2024
  • ERGIN Furkan 100 sharesdeed of 28-08-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1012781651
Registered office moved from Diepenbeek to Genk New registered office: Boeyenstraat 8, 3600 Genk · Previous registered office: Stiemerstraat 32, 3590 Diepenbeek · Board meeting of 01-09-2025 · Gazette deed
Incorporation Founding capital of €5,000, 100 shares · Founder: ERGIN Furkan · Appointment: ERGIN Furkan (director) · published on 28-08-2024 · Gazette deed
First establishment Boeyenstraat 8, Genk
All 5 events

Comparable companies

same main activity, similar in size and age
Company
SPARKTECH INDUSTRIAL Genk €84,470 €67,150 54.6% -
HD Solutions Lanaken €91,070 €81,037 60.4% -
JOMATRA Lendelede €100,715 €69,805 44.0% -
JD ENGINEERING SERVICES Kalmthout €81,902 €75,308 66.9% -
VAN DEN BROUCKE Tielt €99,886 €58,572 36.0% -
RMV TECHNICS Houthulst €89,607 €57,762 24.7% 0
Callewaert Service Pittem €100,889 €74,889 56.3% -

These companies have the same main activity as SPARKTECH INDUSTRIAL: repair and maintenance of machinery (NACE 33120). They are comparable in size and age: total assets between €81,900 and €101,000, founded in 2024.

Official details

Source: KBO
Status
Active since 26-08-2024Normal situation
Activity
Repair and maintenance of machineryNACE 33120and 1 other
Establishment unit
2.363.825.1673600 Genk, since 26-08-2024
Financial year end
31 December
Peppol
Reachable since 25-01-2026
Company details

Annual accounts 2025

€84,470
Filing
Filed on 06-07-2026, 25 days before the end of the filing period
Financials

Insights on SPARKTECH INDUSTRIAL

The computed 12-month bankruptcy probability of SPARKTECH INDUSTRIAL is 2.9% (moderate). The 2025 annual accounts show equity of €46,155 and a net result of €41,155.

Its solvency ranks better than 60% of 1,703 sector peers (NACE 33, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about SPARKTECH INDUSTRIAL

What is the company number of SPARKTECH INDUSTRIAL?
The company number of SPARKTECH INDUSTRIAL is 1012.781.651. The VAT number is the same number with BE in front: BE 1012.781.651.
Where is SPARKTECH INDUSTRIAL based?
The registered office is at Boeyenstraat 8, 3600 Genk.Company details
What does SPARKTECH INDUSTRIAL do?
According to the KBO register, the main activity is repair and maintenance of machinery (NACE 33120).
What is the legal form of SPARKTECH INDUSTRIAL?
SPARKTECH INDUSTRIAL is a private limited company (BV).
When was SPARKTECH INDUSTRIAL founded?
SPARKTECH INDUSTRIAL was founded on 26-08-2024.
Is SPARKTECH INDUSTRIAL still active?
Yes, SPARKTECH INDUSTRIAL is an active enterprise in the KBO register.
What is the turnover of SPARKTECH INDUSTRIAL?
The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €67,150 and 2,667 comparable companies of the same size. It probably lies between €130,000 and €350,000. It is a rough estimate.Financials
Is SPARKTECH INDUSTRIAL profitable?
In financial year 2025, SPARKTECH INDUSTRIAL made a profit of €41,155.
Where can I find the annual accounts of SPARKTECH INDUSTRIAL?
SPARKTECH INDUSTRIAL filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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