Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
K.T.I. - W.T.I. from Zandhoven, company number BE0466383720, closed financial year 2023 with a result of € 142,453 after tax. For that financial year K.T.I. - W.T.I. recorded a gross margin of € 1.7 million and equity of € 1.7 million. Compared with financial year 2022, the result moved from € 40,263 to € 142,453. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2024.
€ 1.7 million
▲ 9% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 142,453
▲ 254% vs 2022
Profit after tax over the fiscal year.
€ 390,735
▼ 78% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € 1.6 million.
People and assets in 2023
18.7
▼ 0.3 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 3% vs 2022
€ 67,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 38,048
▼ 20% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 705,036
▼ 47% vs 2022
€ 34,790 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 589,309
▼ 73% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 195,613
▲ 11% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 1,530,547 | € 1,511,089 | € 1,682,213 | ▲ 11% |
| Profit after taxes | € 248,415 | € 40,263 | € 142,453 | ▲ 254% |
| Equity | € 1,511,250 | € 1,551,513 | € 1,693,966 | ▲ 9% |
| Total debts | € 3,009,886 | € 4,805,340 | € 2,029,871 | ▼ 58% |
| Cash | € 746,723 | € 1,778,735 | € 390,735 | ▼ 78% |
| Land & buildings | € 16,933 | - | - | |
| Retained profit | € 1,461,250 | € 1,501,513 | € 1,643,966 | ▲ 9% |
| Bank debt | € 281,463 | € 1,326,966 | € 705,036 | ▼ 47% |
| Balance sheet total | € 4,580,980 | € 6,451,265 | € 3,723,836 | ▼ 42% |
| Employees (FTE) | 18 | 19 | 18.7 | ▼ 0.3 |
Key figures of K.T.I. - W.T.I., fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to K.T.I. - W.T.I.?
What happened at K.T.I. - W.T.I. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
K.T.I. - W.T.I. is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: profit of € 142,453 (▲ 254% vs 2022). Source: NBB ↗
- VKG BV became a director. NBB
- Companions BV became a director. NBB
- Avethib BV became a director. NBB
- New establishment in Zandhoven. KBO
- Start of the company according to the CBE. KBO
In short
From € 248,415 profit in 2021 to € 142,453 profit in 2023.
Paid € 206,510 in corporate taxes since 2021.
Best year ever: 2021, with € 248,415 profit.
On average € 90,000 of value added per employee in 2023.
Management
Behind K.T.I. - W.T.I. are VKG BV, Companions BV and Avethib BV. The shares are held by Elentra BV (100%).
Directors
According to the 2023 annual accounts
Director · represented by Alexander VAN KERCKHOVEN
Also active at: REWA, Elentra, GEOSERVICES
since 2022
Director · represented by Jeremy SCHUERMANS
Also active at: REWA, Fameuz, R21B, C2IC, Project ON, Elentra, SUPERGOOD, Districts +8 more
since 2022
Director · represented by Thibault DE KERPEL
Also active at: ELECTRICITEITSWERKEN VAN BERGEN, REWA, Elentra, GEOSERVICES
since 2022
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vierselbaan 40
2240 Zandhoven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →DECKERS LASWERKEN
€ 34,231 gross margin · 2025
UGCS
€ 30,417 gross margin · 2025
DAYO RENOVATIES
€ 12,904 gross margin · 2025
ATHEX Benelux
€ 99,299 gross margin · 2025
AJSOLUTIONS
€ 1.1 million gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.383.720
- VAT number
- BE 0466.383.720
- Registered office
- Vierselbaan 40, 2240 Zandhoven
- Names & denominations
- K.T.I. - W.T.I.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 30 June 1999
- Peppol
- Not registered
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Installatie van verwarming, klimaatregeling en ventilatie
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