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W-TECHNICS

Active
Private limited companyfounded 2023active for 2 yearsJacob van Maerlantstraat 2, 8490 Jabbeke, BelgiumKBO/BCE: BE 1003.182.413
Summary

W-TECHNICS has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44,288 and a net result of €71,288. Its solvency ranks better than 29% of 34,855 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (2 days) Filed on 2 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00027081.

Turnover
≈ €290,000
Estimated: probably between €190,000 and €470,000
Total assets
€163,704
Net result
€71,288
Working capital
€61,538

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Equity and liabilities €163,704
Equity €44,288
Debt €119,416
Debt finances 72.9% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
1.60
Quick ratio
1.60
Debt to equity
2.70
ROE
161.0%
ROA
43.5%
Debt ≤ 1 year
€102,166
Income taxes
€10,337

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.3% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 38 lines
Balance sheet Code2025
Assets
Total assets20/58€163,704
Current assets29/58€163,704
Stocks and contracts in progress3€750
Stocks30/36€750
Amounts receivable within one year40/41€126,223
Trade receivables40€77,031
Other amounts receivable41€49,192
Cash at bank and in hand54/58€36,391
Deferred charges and accrued income490/1€341
Equity and liabilities
Total equity and liabilities10/49€163,704
Equity10/15€44,288
Contributions10/11€3,000
Reserves13€41,288
Distributable reserves133€41,288
Amounts payable17/49€119,416
Amounts payable within one year42/48€102,166
Trade debts44€61,729
Suppliers440/4€61,729
Taxes, remuneration and social security45€10,337
Taxes450/3€10,337
Other amounts payable47/48€30,100
Accrued charges and deferred income492/3€17,250
Income statement Code2025
Other operating charges640/8€232
Gross operating margin9900€78,093
Operating profit (loss)9901€77,861
Financial income75/76B€3,898
Recurring financial income75€3,898
Financial charges65/66B€133
Recurring financial charges65€133
Profit (loss) for the period before taxes9903€81,626
Income taxes67/77€10,337
Profit (loss) for the period9904€71,288
Profit (loss) for the period to be appropriated9905€71,288
Appropriation of the result
Profit (loss) to be appropriated9906€71,288
Transfer to equity691/2€41,288
To other reserves6921€41,288
Profit to be distributed694/7€30,000
Directors or managers695€30,000

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Other operating charges640/8€232
Gross operating margin9900€78,093
Operating profit (loss)9901€77,861
Financial income75/76B€3,898
Recurring financial income75€3,898
Financial charges65/66B€133
Recurring financial charges65€133
Profit (loss) for the period before taxes9903€81,626
Income taxes67/77€10,337
Profit (loss) for the period9904€71,288
Profit (loss) for the period to be appropriated9905€71,288
Line2025
Assets
Total assets20/58€163,704
Current assets29/58€163,704
Stocks and contracts in progress3€750
Stocks30/36€750
Amounts receivable within one year40/41€126,223
Trade receivables40€77,031
Other amounts receivable41€49,192
Cash at bank and in hand54/58€36,391
Deferred charges and accrued income490/1€341
Equity and liabilities
Total equity and liabilities10/49€163,704
Equity10/15€44,288
Contributions10/11€3,000
Reserves13€41,288
Distributable reserves133€41,288
Amounts payable17/49€119,416
Amounts payable within one year42/48€102,166
Trade debts44€61,729
Suppliers440/4€61,729
Taxes, remuneration and social security45€10,337
Taxes450/3€10,337
Other amounts payable47/48€30,100
Accrued charges and deferred income492/3€17,250
Line2025
Profit (loss) for the period9904€71,288
Operating cash flow (approximation)€71,288

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
30-06-2025 micro format 02-02-2026 2026-00027081

Similar companies · same sector, comparable size

Of the 22,640 active companies whose main activity is general electrical installation work (NACE 43211), figures are known for 10,554. 8,634 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.