C.S. TECHNICS
ActiveC.S. TECHNICS has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €167k and a net result of €14k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 81% of 216 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+37
Solvency99▲+5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 3.43 against 3.06 in 2024; short-term debt: 23.8% and cash: 11.9% of total assets), and 25.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 32
Relative position
BE, all sectors
reference
Sector 32
lower
← 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
74.3%
Return on assets
6.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-09-2026, 41 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 · 10 filingsDeviation from the deadline
2025
41 d late
2024
22 d late
2023
31 d late
2022
24 d late
2021
41 d late
2020
31 d late
2019
59 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€167k▲ 8.9%
2024 · €153k
2018: €139k
2019: €148k
2020: €163k
2021: €165k
2022: €160k
2023: €161k
2024: €153k
2018 → 2025
Total assets
€224k▲ 1.7%
2024 · €220k
2018: €193k
2019: €204k
2020: €215k
2021: €215k
2022: €193k
2023: €233k
2024: €220k
2018 → 2025
Net result
€14k
2024 · €-8k
2018: €14k
2019: €10k
2020: €21k
2021: €1k
2022: €-5k
2023: €4k
2024: €-8k
2018 → 2025
Working capital
€129k▲ 14.3%
2024 · €113k
2018: €94k
2019: €100k
2020: €116k
2021: €127k
2022: €128k
2023: €122k
2024: €113k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€165k-€160k▼ 2.8%€161k▲ 0.3%€153k▼ 4.8%€167k▲ 8.9%
Operating result€794-€-2k€7k€-6k€22k
Net result€1k-€-5k€4k€-8k€14k
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 returns to profit in 2025: €22k after a loss of €6k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €223k
Fixed assets
€41k▼ 20.2%
Current assets
€183k▲ 8.5%
Equity and liabilities €224k
Equity
€167k▲ 8.9%
Debt
€58k▼ 14.6%
The debt ratio falls from 30.6% to 25.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€37k▲
2024 · €8k
Cash flow
€28k▲
2024 · €6k
Solvency
74.3%▲
2024 · 69.4%
Current ratio
3.43▲
2024 · 3.06
Quick ratio
1.67▲
2024 · 1.33
Debt / equity
0.35▼
2024 · 0.44
ROE
8.2%▲
2024 · -5.0%
ROA
6.1%▲
2024 · -3.5%
Interest coverage
12.54▲
2024 · 2.93
Debt
€58k▼
2024 · €67k
Debt ≤ 1 year
€53k▼
2024 · €55k
Debt > 1 year
€4k▼
2024 · €12k
Income taxes
€6k▲
2024 · €-514
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€220k€224k▲
Formation expenses20€933€700▼
Fixed assets21/28€51k€41k▼
Intangible fixed assets21-€2k
Tangible fixed assets22/27€51k€39k▼
Land and buildings22€14k€11k▼
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€25k€18k▼
Other tangible fixed assets26€7k€6k▼
Current assets29/58€168k€183k▲
Stocks and contracts in progress3€95k€94k▼
Stocks30/36€95k€94k▼
Amounts receivable within one year40/41€7k€5k▼
Trade receivables40€3k€2k▼
Other amounts receivable41€3k€3k▲
Current investments50/53€45k€54k▲
Cash at bank and in hand54/58€18k€27k▲
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€220k€224k▲
Equity10/15€153k€167k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€3k€17k▲
Non-distributable reserves130/1€3k€3k=
Legal reserve130€3k€3k=
Distributable reserves133-€14k
Profit (loss) carried forward14€88k€88k=
Amounts payable17/49€67k€58k▼
Amounts payable after more than one year17€12k€4k▼
Financial debts170/4€12k€4k▼
Amounts payable within one year42/48€55k€53k▼
Current portion of amounts payable after more than one year42€7k€8k▲
Trade debts44€30k€20k▼
Suppliers440/4€30k€20k▼
Taxes, remuneration and social security45€17k€25k▲
Taxes450/3€10k€14k▲
Remuneration and social security454/9€7k€11k▲
Accrued charges and deferred income492/3€193€289▲
Income statement
Code20242025
Non-recurring operating income76A€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€10k€40k▲
Operating profit (loss)9901€-6k€22k▲
Financial income75/76B€282€280▼
Recurring financial income75€282€280▼
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€-8k€19k▲
Income taxes67/77€-514€6k▲
Profit (loss) for the period9904€-8k€14k▲
Profit (loss) for the period to be appropriated9905€-8k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€88k€101k▲
Profit (loss) brought forward from the previous period14P€95k€88k▼
Transfer to equity691/2-€14k
To other reserves6921-€14k
The notes to these accounts (12 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
10-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 41 days late
2025
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
31-12
Financial
Weakest financial yearnet €-8k ▼292%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
10-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 41 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €21k ▲115%
Operating result €26k, net result €21k, both a record.
31-12
Financial
Equity above €150kEq €163k ▲10.1%
3 profitable years in a row build equity to €163k.
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 59 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Zwalm · 1 establishment unit since 1989
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.
Zuidlaan(Munk) 1709630 ZwalmGround area
1,999 m²
Building footprint
305 m²
Volume, LiDAR
1,878 m³
2 parcels, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BRILLENATELIER
since 19892.045.109.396
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45027B0579/00Z000 | Flanders | 1,731 m² | 1 · 136 m² | 9.0 m · 2 fl. |
| 45027B0212/00C002 | Flanders | 268 m² | 1 · 169 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
Laboratoire Dentaire Création
BE 0734.396.896
Herve · Eq €167k
DE COCK
BE 0478.148.038
Zoutleeuw · Eq €168k
Laboratoire de Prothèse dentaire Jardon
BE 0419.101.465
Liège · Eq €164k
PROTHETICA
BE 0467.051.931
Vorst · Eq €163k
DENTAL IMPLANT TECHNICS
BE 0894.413.739
Peer · Eq €163k
Of 1,250 companies in sector 32500 we hold annual accounts for 695. 554 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded05-07-1989
Fiscal year end31-12
Activities, NACEBEL
32500Manufacture of medical and dental instruments and supplies
33401
28299Manufacture of machinery and equipment not elsewhere classified
29247
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.