Tech S
ActiveSummary
Tech S has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€4,132) and a net result of -€2,670. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 5% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 17-07-2017 Normal situation
- Activity
- General electrical installation work NACE 43211and 4 others
- Establishment unit
- 2.266.117.166 6567 Merbes-le-Château, since 24-07-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 23-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.3%
- Turnover
- €45,042
- ▼ 20.3%
- Loss
- €2,670
- ▼ 77.5%
- Equity
- -€4,132
- ▼ 183%
- Total assets
- €14,926
- ▼ 34.4%
- Staff
- ≈ 0 FTE
- estimated
- Negative equity on 31-12-2025
- 2025 accounts filed 29 days after the deadline
Score breakdownraises riskCapped at 59: negative equityNegative equity -€4,132Last filed accounts filed 29 days late; 1 of the last 3 accounts latelowers riskSize: turnover €45,042, total assets €14,926Liquidity: current ratio 0.74, cash €6,734Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 3% of them on solvency, 43% on liquidity, 10% on profitability and 12% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 59 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 29 days after the deadline Filed on 29 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00468566.
Annual accounts 2025 filed on 29-08-2026 at the NBB all 8 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a loss of €1,642, smaller than the loss of €10,952 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €650 | €2,994 | - | - |
| Financial fixed assets | €126 | - | - | - | - |
| Depreciation and write-downs of the year | - | €36 | €500 | €1,215 | €1,179 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as Tech S: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €14,000 and €20,600, founded between 2015 and 2020.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | Financial year |
|---|---|---|---|---|---|---|---|
| Tech S Merbes-le-Château | 2017 | €14,926 | -€4,132 | -€354 | €45,042 | -€2,670 | 2025 |
| Ikis Lommel | 2016 | €14,025 | €13,486 | -€801 | - | -€1,208 | 2025 |
| Belgaelectric Antwerpen | 2018 | €14,479 | €11,683 | -€1,349 | - | -€2,998 | 2025 |
| YB Geel | 2018 | €17,016 | -€17,545 | €96 | - | -€5,416 | 2024 |
| C STAR Rumst | 2015 | €14,612 | €9,071 | -€5,078 | - | €39 | 2025 |
| IB.SOS Frasnes-lez-Anvaing | 2020 | €18,829 | -€5,513 | -€13,605 | - | -€26,115 | 2025 |
| FAUT CE QU’IL FAUT Celles (lez-Tournai) | 2019 | €20,597 | -€58,186 | -€25,971 | - | -€39,057 | 2025 |
They were chosen from the 10,240 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 6,007 companies had the same profile as Tech S has now. Two years later, 7.9% had gone bankrupt and 83.0% were still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.8% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Tech S itself is lower: 1.3% within 12 months. It rests on far more data about Tech S than the profile alone.
Test of the method
The method was tested on the 497,445 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.
| 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 6,007 companies, not a prediction for Tech S. 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €76,392 | €49,174 | €87,696 | €56,983 | €104,192 | €79,602 | €56,546 | €45,042 | ▼ 20.3% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €45,645 | €94,705 | €44,873 | €66,078 | €45,396 | ▼ 31.3% |
| Remuneration, social security and pensions62 | - | - | - | €24,000 | - | €33,443 | €99 | €3 | ▼ 97.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,585 | €800 | €400 | - | €36 | €500 | €1,215 | €1,179 | ▼ 3.0% |
| Other operating charges640/8 | - | - | - | €53 | - | €21 | €106 | €106 | = |
| Gross operating margin9900 | €6,353 | -€6,598 | €3,033 | €11,338 | €19,487 | €34,729 | -€9,532 | -€354 | ▲ 96.3% |
| Operating profit (loss)9901 | €3,398 | -€7,624 | €2,464 | -€12,715 | €19,451 | €765 | -€10,952 | -€1,642 | ▲ 85.0% |
| Financial charges65/66B | - | - | - | €193 | €202 | €395 | €561 | €682 | ▲ 21.6% |
| Recurring financial charges65 | €53 | €70 | €81 | €193 | €202 | €395 | €561 | €682 | ▲ 21.6% |
| Profit (loss) for the period before taxes9903 | €3,345 | -€7,694 | €2,383 | -€12,908 | €19,249 | €370 | -€11,513 | -€2,324 | ▲ 79.8% |
| Income taxes67/77 | - | - | €563 | - | - | - | €331 | €346 | ▲ 4.5% |
| Profit (loss) for the period9904 | €3,345 | -€7,694 | €1,820 | -€12,908 | €19,249 | €370 | -€11,844 | -€2,670 | ▲ 77.5% |
| Profit (loss) for the period to be appropriated9905 | €3,345 | -€7,694 | €1,820 | -€12,908 | €19,249 | €370 | -€11,844 | -€2,670 | ▲ 77.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €17,623 | €21,806 | €25,053 | €15,391 | €29,048 | €28,485 | €22,764 | €14,926 | ▼ 34.4% |
| Fixed assets21/28 | €1,200 | €400 | - | €126 | €740 | €3,234 | €2,019 | €840 | ▼ 58.4% |
| Intangible fixed assets21 | €0 | - | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €1,200 | €400 | - | - | €614 | €3,108 | €1,893 | €714 | ▼ 62.3% |
| Plant, machinery and equipment23 | - | - | - | - | €614 | €975 | €492 | €44 | ▼ 91.1% |
| Furniture and vehicles24 | - | - | - | - | - | €2,133 | €1,401 | €670 | ▼ 52.2% |
| Financial fixed assets28 | - | - | - | €126 | €126 | €126 | €126 | €126 | = |
| Current assets29/58 | €16,423 | €21,406 | €25,053 | €15,265 | €28,308 | €25,251 | €20,745 | €14,086 | ▼ 32.1% |
| Stocks and contracts in progress3 | - | - | - | €2,348 | €2,538 | €2,538 | €2,538 | €5,326 | ▲ 110% |
| Stocks30/36 | - | - | - | €2,348 | €2,538 | €2,538 | €2,538 | €5,326 | ▲ 110% |
| Amounts receivable within one year40/41 | €11,156 | €17,664 | €20,714 | €11,829 | €21,706 | €16,962 | €14,664 | €2,026 | ▼ 86.2% |
| Trade receivables40 | - | - | - | €8,843 | €15,079 | €15,371 | €13,141 | - | - |
| Other amounts receivable41 | - | - | - | €2,986 | €6,627 | €1,591 | €1,523 | €2,026 | ▲ 33.0% |
| Cash at bank and in hand54/58 | €5,017 | €3,742 | €4,339 | €1,088 | €4,013 | €5,751 | €3,543 | €6,734 | ▲ 90.1% |
| Deferred charges and accrued income490/1 | - | - | - | - | €51 | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €17,623 | €21,806 | €25,053 | €15,391 | €29,048 | €28,485 | €22,764 | €14,926 | ▼ 34.4% |
| Equity10/15 | €9,545 | €1,851 | €3,671 | -€9,237 | €10,012 | €10,382 | -€1,462 | -€4,132 | ▼ 183% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | - | - | €6,200 | €6,200 | - | - | - | - |
| Issued capital100 | - | - | - | €18,600 | €18,600 | - | - | - | - |
| Uncalled capital101 | - | - | - | €12,400 | €12,400 | - | - | - | - |
| Reserves13 | - | €167 | €167 | €167 | €167 | €167 | €167 | €167 | = |
| Non-distributable reserves130/1 | - | - | - | €167 | €167 | - | - | - | - |
| Legal reserve130 | - | - | - | €167 | €167 | - | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €167 | €167 | €167 | = |
| Profit (loss) carried forward14 | €3,345 | -€4,516 | -€2,696 | -€15,604 | €3,645 | €4,015 | -€7,829 | -€10,499 | ▼ 34.1% |
| Amounts payable17/49 | €8,078 | €19,955 | €21,382 | €24,628 | €19,036 | €18,103 | €24,226 | €19,058 | ▼ 21.3% |
| Amounts payable within one year42/48 | €8,078 | €19,955 | €21,382 | €24,628 | €19,036 | €18,103 | €24,226 | €19,058 | ▼ 21.3% |
| Financial debts43 | - | - | - | €399 | - | €1,507 | €4,755 | €1,357 | ▼ 71.5% |
| Credit institutions430/8 | - | - | - | €399 | - | €1,507 | €4,755 | €1,357 | ▼ 71.5% |
| Trade debts44 | €1,956 | €4,488 | €4,449 | €9,920 | €19,036 | €16,556 | €16,317 | €12,221 | ▼ 25.1% |
| Suppliers440/4 | - | - | - | €9,920 | €19,036 | €16,556 | €16,317 | €12,221 | ▼ 25.1% |
| Taxes, remuneration and social security45 | - | - | - | €14,309 | - | €40 | €879 | €5,480 | ▲ 523% |
| Remuneration and social security454/9 | - | - | - | €14,309 | - | €40 | €879 | €5,480 | ▲ 523% |
| Other amounts payable47/48 | - | - | - | - | - | - | €2,275 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,345 | -€7,694 | €1,820 | -€12,908 | €19,249 | €370 | -€11,844 | -€2,670 | ▲ 77.5% |
| + Depreciation and write-downs630 | €2,585 | €800 | €400 | - | €36 | €500 | €1,215 | €1,179 | ▼ 3.0% |
| Operating cash flow (approximation) | €5,930 | -€6,894 | €2,220 | -€12,908 | €19,285 | €870 | -€10,629 | -€1,491 | ▲ 86.0% |
| Investment in fixed assets (approximation) | - | €0 | - | - | -€650 | -€2,994 | €0 | €0 | - |
| Change in cash | - | -€1,275 | €597 | -€3,251 | €2,925 | €1,738 | -€2,208 | €3,191 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-08-2026 | 2026-00468566 | NBB |
| 31-12-2024 | micro format | 30-08-2025 | 2025-00485351 | |
| 31-12-2023 | micro format | 29-09-2024 | 2024-00492924 | |
| 31-12-2022 | micro format | 23-09-2023 | 2023-00460118 | |
| 31-12-2021 | micro format | 27-08-2022 | 2022-20394750 | |
| 31-12-2020 | micro format | 31-12-2021 | 2021-82600015 | |
| 31-12-2019 | micro format | 28-09-2020 | 2020-56900098 | |
| 31-12-2018 | micro format | 11-12-2019 | 2019-76300459 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 30-03-2026 Converted to unavailable equity · €8,060
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Samuël Alain Emmanuël Ghislain UTENS |
|
| Thibault Michael Nicolas SMEESTERS |
|
Network & group
Tech S shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of Tech S. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
30-03
Gazette deed
Change of role: UTENS Samuël Alain Emmanuël Ghislain, from manager to administrateurnonstatutaireResignation: SMEESTERS Thibault Michael Nicolas (manager) · Purpose change · Legal-form conversion13 points ▸
- General meeting, 25-03-2026
- Purpose change
- Legal-form conversion, “société à responsabilité limitée (SRL)” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “suppression immédiate, fonds disponibles pour distribution” (deed in French)
- Amendment of the articles
- Power of attorney, Isabelle Allard
- Registered office clause, “6567Merbes-le-Château(Labuissière),RueMaxBuset,35, Quatrieme” (deed in French)
- Director resignation, SMEESTERS Thibault Michael Nicolas (manager)
- Director discharge, SMEESTERS Thibault Michael Nicolas
- Director resignation, UTENS Samuël Alain Emmanuël Ghislain (manager)
- Director discharge, UTENS Samuël Alain Emmanuël Ghislain
- The act holds 1 more point.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
28 activities
- L’installation de systèmes électriques dans des bâtiments et des ouvrages de génie civil de toute nature.
- Tous travaux d'installation électrotechnique de bâtiment,notamment:les travaux d'installation électrotechnique dans des bâtiments de câbles et appareils électriques,de câbles de télécommunications,de câblage de réseau informatique et de télévision par câble,y compris les fibres optiques,de paraboles,installations d’éclairage,capteurs électriques d'énergie solaire,s
- Tous travaux d’installations de systèmes électriques d’alarme sans surveillance comme les alarmes incendie et les alarmes contre les effractions
- La connexion d’appareils électriques et d’électroménagers
- L'installation de systèmes de chauffage électriques par panneau rayonnant,l'installation de systèmes d'alimentation de secours(groupes électrogènes),l'installation de systèmes de chauffage à l'électricité,l'installation d'ascenseurs et d'escaliers mécaniques,
- La surveillance éventuellement à distance,de systèmes de sécurité électroniques tels que des dispositifs d’alarme antivol et d’alarme incendie,y compris leur installation et maintenance,
- Tous travaux d'installation électrotechnique autres que de bâtiment,notamment les travaux d'installation électrotechnique(autres que de bâtiment)de systèmes d'éclairage et de signalisation pour chaussées,voies ferrées,aéroports et installations portuaires;
- Éclairage des pistes de décollage et d'atterrissage
- Tous travaux de plomberie et installation de chauffage et de conditionnement d'air dont notamment des activités telles que la plomberie,l’installation de systèmes de chauffage et de conditionnement d’air,ainsi que les extensions,les transformations,l’entretien et les réparations;l’installation dans des bâtiments ou d’autres projets de construction de plomberie et appareils sanitaires,conduites de gaz sauf pour les systèmes de chauffage au gaz,conduite d'eau dans les locaux,conduites de distribution de vapeur;
- Installations d’extinction automatique d’incendie;systèmes d’arrosage automatique des pelouses
- Le nettoyage et le débouchage de tuyaux d'écoulement dans des bâtiments
- L’installation et entretien de systèmes de chauffage à l’électricité,au gaz et au mazout,y compris les conduites,chaudières,
- L’installation et entretien de conduites et équipements de ventilation,de réfrigération et de climatisation,y compris les systèmes de régularisation,tours de refroidissement
- Les capteurs d’énergie solaire non électriques;l’installation de chauffage électrique par panneau rayonnant,autres travaux d’installation que l’électricité,la plomberie,les systèmes de chauffage et de conditionnement d’air ou de machines industrielles dans des bâtiments et des ouvrages de génie civil.
- Travaux d'isolation,notamment:l’installation dans des bâtiments ou d’autres projets de construction de matériaux d'isolation thermique,de matériaux d'isolation acoustique et anti vibrations;les travaux d'isolation de canalisations de chauffage ou de réfrigération;les travaux d'isolation de chambres froides ou d'entrepôts frigorifiques
- L’installation dans des bâtiments ou d’autres projets de construction d’ascenseurs,monte-charge,escaliers mécaniques,y compris leur réparation et entretien;portes automatiques et tambours,paratonnerres,aspirateurs à unité centrale,stores et bannes,enseignes lumineuses
- Autres activités de construction spécialisées et notamment:la réalisation de fondations,y compris le battage de pieux;les travaux de ferraillage et de coffrage;le cintrage d’ossatures métalliques;la construction de clôtures et d'enclos en plaques de béton;la construction de rampes d'accès;la construction de cheminées et de fours industriels;le montage d’éléments de structures métalliques fabriqués par de tiers;l'exécution de travaux de levage pour des tiers;le montage et le démontage d’échafaudages et de plates-formes de travail à l’exclusion de la location d’échafaudages et de plates-formes de travail;les travaux spécialisés qui,pour des raisons d’accès,nécessitent des aptitudes à l’escalade et l’utilisation d’un matériel particulier,c’est-à-dire travail en hauteur sur des structures élevées;l'exécution de divers travaux sous-marins;la construction de piscines extérieures privées ou publiques;la location de grues et d’autres matériels de construction avec opérateur;les travaux de désamiantage;la location de machines et de matériels de construction sans opérateur;la location d'échafaudages et de plates-formes de travail sans montage ni démontage.
- La construction,la transformation,la rénovation,l’entretien et l’aménagement de bâtiments résidentiels,industriels ou commerciaux,y compris la réalisation complète de constructions.
- L’installation,la maintenance,le dépannage et la mise en conformité d’installations techniques du bâtiment,notamment:L’installation électriques générales;L’installation sanitaires et de plomberie;L’installation de chauffage,de pompes à chaleur;de chauffage par le sol;L’installation de climatisation et de ventilation;L’installation de systèmes thermodynamiques;L’installation de solaires thermiques et photovoltaïques;Proposition de solutions d’amélioration énergétique et d’isolation.
- La pose et le remplacement de châssis,menuiseries intérieures et extérieures et autres éléments techniques du bâtiment.
- La coordination,la gestion,le suivi et l’assistance à maîtrise d’ouvrage de projets immobiliers.
- La conception,la création,l’aménagement et l’entretien d’espaces extérieurs et paysagers,notamment jardins et infrastructures connexes,ainsi que tous travaux extérieurs y liés.
- L’achat,la vente,l’importation,l’exportation et la distribution de tous biens mobiliers,matériels,équipements et produits techniques ou de consommation.
- La création,le développement et l’exploitation de plateformes de commerce électronique(e-commerce).
- La création,la gestion et l’exploitation de marques commerciales.
- Le développement,la gestion et l’exploitation de solutions digitales.
- Le développement,l’intégration et l’exploitation de solutions d’automatisation,d’intelligence artificielle et d’outils numériques destinés à optimiser des processus techniques,commerciaux ou organisationnels.
- La consultance,la formation et l’accompagnement dans tous ces domaines.
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0678.647.830
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 56038B0160/00D000 | Wallonia | 417 m² | 1 · 90 m² | 10.0 m · 3 |