FUTECH
ActiveSummary
FUTECH has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.42M and a net result of €311k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 52% of 2056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▲+5
Solvency70▲+1
Growth25▼-9
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €400k at 30 days acceptable
Liquidity tight (current ratio 1.19 against 1.1 in 2024; short-term debt: 54.9% and cash: 33.6% of total assets), and 55.4% 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+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
44.6%
Return on assets
2.6%
Age of the figures
15 mo
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
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 09-01-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
48 d early
2023
on the day
2022
4 d early
2021
on the day
2020
2 d early
2019
2 d early
← 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, full schema
Turnover
€7.72M▼ 34.2%
2024 · €11.73M
2020: €11.25M
2021: €11.73M
2022: €9.45M
2023: €19.03M
2024: €11.73M
2020 → 2025
EBIT margin
4.0%▲ 0.8pp
2024 · 3.2%
2020: 11.0%
2021: 4.3%
2022: 7.7%
2023: 4.2%
2024: 3.2%
2020 → 2025
Net result
€311k▼ 19.1%
2024 · €385k
2020: €1.01M
2021: €487k
2022: €642k
2023: €805k
2024: €385k
2020 → 2025
Working capital
€1.26M▲ 93.2%
2024 · €653k
2020: €3.31M
2021: €1.12M
2022: €1.03M
2023: €1.89M
2024: €653k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€11.73M-€9.45M▼ 19.4%€19.03M▲ 101%€11.73M▼ 38.3%€7.72M▼ 34.2%
Equity€5.13M-€5.26M▲ 2.5%€5.42M▲ 3.1%€5.50M▲ 1.4%€5.42M▼ 1.5%
Operating result€509k-€726k▲ 42.6%€809k▲ 11.4%€376k▼ 53.5%€308k▼ 18.1%
Net result€487k-€642k▲ 32.0%€805k▲ 25.3%€385k▼ 52.2%€311k▼ 19.1%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 18% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.17M
Fixed assets
€4.23M ▼ 13.4%
Current assets
€7.94M ▲ 5.6%
Equity and liabilities €12.17M
Equity
€5.42M ▼ 1.5%
Provisions
€7k =
Debt
€6.74M ▼ 2.3%
Debt's share of the balance-sheet total falls from 55.6% to 55.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€1.17M▼
2024 · €1.30M
Cash flow
€1.18M▼
2024 · €1.31M
Current ratio
1.19▲
2024 · 1.10
Quick ratio
0.93▲
2024 · 0.83
Debt to equity
1.24▼
2024 · 1.25
ROE
5.7%▼
2024 · 7.0%
ROA
2.6%▼
2024 · 3.1%
Interest coverage
215.31▲
2024 · 77.06
Debt ≤ 1 year
€6.68M▼
2024 · €6.87M
Income taxes
€37k▲
2024 · €6k
Staff costs
€1.40M▼
2024 · €1.54M
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 · 77 lines
Balance sheet
Code20242025
Assets
Total assets20/58€12.40M€12.17M▼
Fixed assets21/28€4.88M€4.23M▼
Intangible fixed assets21€55k€14k▼
Tangible fixed assets22/27€4.78M€4.16M▼
Land and buildings22€345k€375k▲
Plant, machinery and equipment23€3.92M€3.36M▼
Furniture and vehicles24€171k€123k▼
Other tangible fixed assets26€339k€305k▼
Financial fixed assets28€51k€51k=
Other financial fixed assets284/8€51k€51k=
Amounts receivable and cash guarantees285/8€51k€51k=
Current assets29/58€7.52M€7.94M▲
Stocks and contracts in progress3€1.79M€1.75M▼
Stocks30/36€1.79M€1.38M▼
Raw materials and consumables30/31€1.79M€1.38M▼
Contracts in progress37-€379k
Amounts receivable within one year40/41€3.68M€2.10M▼
Trade receivables40€3.61M€1.94M▼
Other amounts receivable41€69k€158k▲
Cash at bank and in hand54/58€2.05M€4.08M▲
Equity and liabilities
Total equity and liabilities10/49€12.40M€12.17M▼
Equity10/15€5.50M€5.42M▼
Contributions10/11€1.28M€1.28M=
Reserves13€4.22M€4.14M▼
Tax-exempt reserves132€178k-
Distributable reserves133€4.04M€4.14M▲
Provisions and deferred taxes16€7k€7k=
Provisions for liabilities and charges160/5€7k€7k=
Other liabilities and charges164/5€7k€7k=
Amounts payable17/49€6.90M€6.74M▼
Amounts payable after more than one year17€29k-
Financial debts170/4€29k-
Credit institutions173€29k-
Amounts payable within one year42/48€6.87M€6.68M▼
Current portion of amounts payable after more than one year42€50k€29k▼
Trade debts44€6.31M€5.69M▼
Suppliers440/4€6.31M€5.69M▼
Taxes, remuneration and social security45€304k€376k▲
Taxes450/3€54k€137k▲
Remuneration and social security454/9€250k€240k▼
Other amounts payable47/48€198k€585k▲
Accrued charges and deferred income492/3-€62k
Income statement
Code20242025
Operating income70/76A€12.25M€8.38M▼
Turnover70€11.73M€7.72M▼
Change in stocks of work in progress, finished goods and contracts in progress71-€379k
Own construction capitalised72€179k€96k▼
Other operating income74€341k€192k▼
Operating charges60/66A€11.88M€8.07M▼
Goods for resale, raw materials and consumables60€6.27M€3.66M▼
Purchases600/8€5.88M€3.25M▼
Change in stocks: decrease (increase)609€384k€415k▲
Services and other goods61€3.19M€2.13M▼
Remuneration, social security and pensions62€1.54M€1.40M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€925k€866k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€-66k-
Other operating charges640/8€20k€22k▲
Operating profit (loss)9901€376k€308k▼
Financial income75/76B€31k€46k▲
Recurring financial income75€31k€46k▲
Income from current assets751€49€11k▲
Other financial income752/9€31k€35k▲
Financial charges65/66B€17k€5k▼
Recurring financial charges65€17k€5k▼
Debt charges650€17k€5k▼
Other financial charges652/9€8€36▲
Profit (loss) for the period before taxes9903€391k€349k▼
Income taxes67/77€6k€37k▲
Taxes670/3€6k€37k▲
Profit (loss) for the period9904€385k€311k▼
Transfer from tax-exempt reserves789-€178k
Profit (loss) for the period to be appropriated9905€385k€489k▲
Appropriation of the result
Profit (loss) to be appropriated9906€385k€489k▲
Transfer to equity691/2€77k€98k▲
To other reserves6921€77k€98k▲
Profit to be distributed694/7€308k€392k▲
Return on contributions (dividend)694€308k€392k▲
Social balance
Average headcount (FTE)908726.221.8▼
The notes to these accounts (58 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
09-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
Financial
Weakest financial yearnet €311k ▼19.1%
Net result drops to €311k, the lowest in the series.
2024
14-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
27-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 17 acts read
About the unread acts
We know of 17 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
17 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, Tessenderlo · 1 establishment unit since 2008
Ground area
8,299 m²
Building footprint
4,547 m²
Volume, LiDAR
18,815 m³
Parcel 71362B1427/00P000, Flanders · tallest building 7.5 m, ±1 floor. Linked by address, not a title deed.
17
companies at this address
See who is registered here
1 establishment unit
Futech
since 20082.177.364.047
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71362B1427/00P000 | Flanders | 8,299 m² | 1 · 4,547 m² | 7.5 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
2022 to 2025 · 6 entries · 44,616 EUR awarded · 44,616 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 641 EUR | 641 EUR |
| 2024 | 2 | 10,760 EUR | 10,760 EUR |
| 2023 | 1 | 4,244 EUR | 4,564 EUR |
| 2022 | 2 | 28,971 EUR | 28,651 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Werkbaarheidscheque (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
European Union, budget
2021 · 1 entry · 210,003 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2021 | 1 | 210,003 EUR |
Projects
OPEN LAB - OPEN INNOVATION LIVING LABS FOR POSITIVE ENERGY NEIGHBOURHOODS
European research
2 projects · 1,237,321 EUR EU contributionProgrammes
Horizon 2020
Projects
Circular business models for the solar power industry
Open innovation living labs for Positive Energy Neighbourhoods
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Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 1,116 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-12-2008
Fiscal year end30-06
Activities, NACEBEL 2025
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.