Sub - Tech
ActiveSummary
Sub - Tech has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €130k and a net result of €4k. Equity is growing by ~22.6% per year across the filed fiscal years. Its solvency ranks better than 91% of 9494 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability72▼-28
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 11.26 against 9.01 in 2024; short-term debt: 8.7% and cash: 6% of total assets), and 9.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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
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
90.3%
Return on assets
2.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
21 d early
2023
218 d late
2022
15 d early
2021
110 d early
2020
41 d early
2019
11 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€130k▲ 3.1%
2024 · €126k
2019: €23klowest in 7 years
2020: €53k▲ +130% vs 2019
2021: €135k▲ +155% vs 2020highest in 7 years
2022: €71k▼ -47.1% vs 2021
2023: €61k▼ -14.5% vs 2022
2024: €126k▲ +107% vs 2023
2025: €130k▲ +3.1% vs 2024
2019 → 2025
Total assets
€144k▲ 0.7%
2024 · €143k
2019: €46klowest in 7 years
2020: €70k▲ +52.1% vs 2019
2021: €160k▲ +129% vs 2020highest in 7 years
2022: €80k▼ -50.0% vs 2021
2023: €92k▲ +14.8% vs 2022
2024: €143k▲ +56.3% vs 2023
2025: €144k▲ +0.7% vs 2024
2019 → 2025
Net result
€4k▼ 94.0%
2024 · €65k
2019: €-12k
2020: €30k▲ +340% vs 2019
2021: €82k▲ +174% vs 2020highest in 7 years
2022: €-13k▼ -116% vs 2021lowest in 7 years
2023: €-10k▲ +23.1% vs 2022
2024: €65k▲ +731% vs 2023
2025: €4k▼ -94.0% vs 2024
2019 → 2025
Working capital
€128k▲ 3.8%
2024 · €124k
2019: €17klowest in 7 years
2020: €44k▲ +167% vs 2019
2021: €129k▲ +193% vs 2020highest in 7 years
2022: €71k▼ -45.0% vs 2021
2023: €64k▼ -9.5% vs 2022
2024: €124k▲ +92.5% vs 2023
2025: €128k▲ +3.8% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€135k-€71k▼ 47.1%€61k▼ 14.5%€126k▲ 107%€130k▲ 3.1%
2021: €135khighest in 5 years
2022: €71k▼ -47.1% vs 2021
2023: €61k▼ -14.5% vs 2022lowest in 5 years
2024: €126k▲ +107% vs 2023
2025: €130k▲ +3.1% vs 2024
Operating result€114k-€-14k€-11k▲ 16.4%€83k€2k▼ 98.1%
2021: €114khighest in 5 years
2022: €-14k▼ -112% vs 2021lowest in 5 years
2023: €-11k▲ +16.4% vs 2022
2024: €83k▲ +832% vs 2023
2025: €2k▼ -98.1% vs 2024
Net result€82k-€-13k€-10k▲ 23.1%€65k€4k▼ 94.0%
2021: €82khighest in 5 years
2022: €-13k▼ -116% vs 2021lowest in 5 years
2023: €-10k▲ +23.1% vs 2022
2024: €65k▲ +731% vs 2023
2025: €4k▼ -94.0% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 98% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €144k
Fixed assets
€3k ▼ 18.9%
Current assets
€141k ▲ 1.3%
Equity and liabilities €144k
Equity
€130k ▲ 3.1%
Debt
€14k ▼ 17.3%
Debt's share of the balance-sheet total falls from 11.8% to 9.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€3k▼
2024 · €84k
Cash flow
€5k▼
2024 · €67k
Current ratio
11.26▲
2024 · 9.01
Debt to equity
0.11▼
2024 · 0.13
ROE
3.0%▼
2024 · 51.8%
ROA
2.7%▼
2024 · 45.7%
Interest coverage
18.57▼
2024 · 438.63
Debt ≤ 1 year
€13k▼
2024 · €15k
Income taxes
€3k▼
2024 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€143k€144k▲
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Plant, machinery and equipment23€2k€2k▲
Furniture and vehicles24€3k€2k▼
Current assets29/58€139k€141k▲
Amounts receivable within one year40/41€56k€132k▲
Trade receivables40€704€32k▲
Other amounts receivable41€55k€100k▲
Cash at bank and in hand54/58€83k€9k▼
Deferred charges and accrued income490/1€234€243▲
Equity and liabilities
Total equity and liabilities10/49€143k€144k▲
Equity10/15€126k€130k▲
Contributions10/11€6k€6k=
Reserves13€120k€124k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€120k€124k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€17k€14k▼
Amounts payable within one year42/48€15k€13k▼
Trade debts44€4k€6k▲
Suppliers440/4€4k€6k▲
Advances received on contracts in progress46€0€8▲
Taxes, remuneration and social security45€11k€4k▼
Taxes450/3€11k€696▼
Remuneration and social security454/9-€4k
Other amounts payable47/48€709€2k▲
Accrued charges and deferred income492/3€1k€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€87k€4k▼
Operating profit (loss)9901€83k€2k▼
Financial income75/76B€2k€5k▲
Recurring financial income75€2k€5k▲
Financial charges65/66B€192€166▼
Recurring financial charges65€192€166▼
Profit (loss) for the period before taxes9903€84k€6k▼
Income taxes67/77€19k€3k▼
Profit (loss) for the period9904€65k€4k▼
Profit (loss) for the period to be appropriated9905€65k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€42k€4k▼
Profit (loss) brought forward from the previous period14P€-24k€0▲
Transfer to equity691/2€42k€4k▼
To other reserves6921€42k€4k▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €5k | €1k | €2k | €2k | ▼ 4.8% |
| Other operating charges640/8 | - | €633 | €850 | €2k | €1k | ▼ 46.6% |
| Gross operating margin9900 | €120k | €-7k | €-9k | €87k | €4k | ▼ 95.1% |
| Operating profit (loss)9901 | €114k | €-14k | €-11k | €83k | €2k | ▼ 98.1% |
| Financial income75/76B | - | €74 | €1k | €2k | €5k | ▲ 212% |
| Recurring financial income75 | €319 | €74 | €1k | €2k | €5k | ▲ 212% |
| Financial charges65/66B | - | €143 | €174 | €192 | €166 | ▼ 13.8% |
| Recurring financial charges65 | €396 | €143 | €174 | €192 | €166 | ▼ 13.8% |
| Profit (loss) for the period before taxes9903 | €114k | €-14k | €-10k | €84k | €6k | ▼ 92.3% |
| Income taxes67/77 | €32k | €-137 | - | €19k | €3k | ▼ 86.2% |
| Profit (loss) for the period9904 | €82k | €-13k | €-10k | €65k | €4k | ▼ 94.0% |
| Profit (loss) for the period to be appropriated9905 | €82k | €-13k | €-10k | €65k | €4k | ▼ 94.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €160k | €80k | €92k | €143k | €144k | ▲ 0.7% |
| Fixed assets21/28 | €7k | €2k | €3k | €4k | €3k | ▼ 18.9% |
| Tangible fixed assets22/27 | €7k | €2k | €3k | €4k | €3k | ▼ 18.9% |
| Plant, machinery and equipment23 | - | - | €2k | €2k | €2k | ▲ 7.3% |
| Furniture and vehicles24 | - | €2k | €865 | €3k | €2k | ▼ 35.0% |
| Current assets29/58 | €152k | €78k | €89k | €139k | €141k | ▲ 1.3% |
| Amounts receivable within one year40/41 | €61k | €22k | €61k | €56k | €132k | ▲ 135% |
| Trade receivables40 | - | €414 | €37k | €704 | €32k | ▲ 4,405% |
| Other amounts receivable41 | - | €21k | €24k | €55k | €100k | ▲ 81.1% |
| Cash at bank and in hand54/58 | €92k | €56k | €27k | €83k | €9k | ▼ 89.6% |
| Deferred charges and accrued income490/1 | - | €472 | €207 | €234 | €243 | ▲ 3.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €160k | €80k | €92k | €143k | €144k | ▲ 0.7% |
| Equity10/15 | €135k | €71k | €61k | €126k | €130k | ▲ 3.1% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €129k | €79k | €79k | €120k | €124k | ▲ 3.2% |
| Non-distributable reserves130/1 | - | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Distributable reserves133 | - | €77k | €77k | €120k | €124k | ▲ 3.2% |
| Profit (loss) carried forward14 | €-12k | €-13k | €-24k | €0 | - | - |
| Amounts payable17/49 | €25k | €8k | €31k | €17k | €14k | ▼ 17.3% |
| Amounts payable within one year42/48 | €23k | €7k | €25k | €15k | €13k | ▼ 19.0% |
| Trade debts44 | €4k | €3k | €6k | €4k | €6k | ▲ 56.0% |
| Suppliers440/4 | - | €3k | €6k | €4k | €6k | ▲ 56.0% |
| Advances received on contracts in progress46 | - | - | €19k | €0 | €8 | - |
| Taxes, remuneration and social security45 | - | €4k | - | €11k | €4k | ▼ 60.4% |
| Taxes450/3 | - | - | - | €11k | €696 | ▼ 93.4% |
| Remuneration and social security454/9 | - | €4k | - | - | €4k | - |
| Other amounts payable47/48 | - | €527 | €275 | €709 | €2k | ▲ 161% |
| Accrued charges and deferred income492/3 | - | €1k | €6k | €1k | €1k | ▲ 0.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €82k | €-13k | €-10k | €65k | €4k | ▼ 94.0% |
| + Depreciation and write-downs630 | €5k | €5k | €1k | €2k | €2k | ▼ 4.8% |
| Operating cash flow (approximation) | €87k | €-8k | €-9k | €67k | €5k | ▼ 91.9% |
| Investment in fixed assets (approximation) | - | €0 | €-2k | €-3k | €-717 | ▲ 74.7% |
| Change in cash | - | €-36k | €-29k | €55k | €-74k | ▼ 234% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 218 days late
30-06
Financial
Back to profitnet €65k
Net result €65k after 2 loss-making years.
30-06
Financial
Liquidity doublescurrent ratio 9.01
Current ratio from 3.62 to 9.01; short-term debt falls from €25k to €15k.
30-06
Financial
Equity above €100kEq €126k ▲107%
Equity rises from €61k to €126k.
2023
16-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
2021
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Highest result since 2019net €82k ▲174%
Operating result €114k, net result €82k, both a record.
30-06
Financial
Equity above €100kEq €135k ▲155%
2 profitable years in a row build equity to €135k.
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
30-06
Financial
Back to profitnet €30k
Net result €30k after one loss-making year.
11-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
2019
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
15-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Schilde · 1 establishment unit since 1998
Ground area
1,591 m²
Building footprint
210 m²
Volume, LiDAR
904 m³
Parcel 11039D0376/00P000, Flanders · tallest building 11.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Prins Boudewijnlaan 61, 2970 Schilde
since 19982.086.874.628
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11039D0376/00P000 | Flanders | 1,591 m² | 1 · 210 m² | 11.7 m · 1 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 419 EUR awarded · 419 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 419 EUR | 419 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 2,143 companies in sector 71209 we hold annual accounts for 1,085. 824 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
Founded19-05-1998
Fiscal year end30-06
Activities, NACEBEL 2025
71209Other technical testing and analysis
74999Other professional, scientific and technical activities
Scores and ratios are computed by Checked and are not a credit decision.