Losses
The 2025 and 2026 financial years closed with a loss. 2025 was the heaviest.
The 2025 and 2026 financial years closed with a loss. 2025 was the heaviest.
Two of the last ten came late. The 2022 accounts came latest: 23 days after the end of the period.
Inactive. The last annual accounts are for financial year 2026. The company was dissolved and wound up in a single deed on 24-02-2026.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
Total assets20/58 |
17,179 | 21,261 | 64,361 | 88,699 | 101,756 | 124,916 | 72,447 | 34,187 | 45,197 | 143,153 | 90,186 | 106,101 | 143,249 | 160,607 | 116,589 | 93,312 | 168,093 | 157,865 | 99,138 | 138,567 | |
Fixed assets21/28 |
- | 0 | 15,092 | 18,916 | 18,463 | 21,732 | 17,683 | - | - | - | 2,075 | 4,150 | 6,224 | 8,299 | - | - | - | - | - | 3,878 | |
Tangible fixed assets22/27 |
- | 0 | 15,092 | 18,916 | 18,463 | 21,732 | 17,683 | - | - | - | 2,075 | 4,150 | 6,224 | 8,299 | - | - | - | - | - | 3,878 | |
Land and buildings22 |
- | 0 | 14,125 | 16,571 | 14,740 | 16,632 | 11,205 | - | - | - | 1,635 | 3,271 | 4,906 | 6,542 | - | - | - | - | - | - | |
Plant, machinery and equipment23 |
- | 0 | 115 | 384 | 652 | 920 | 1,189 | - | - | - | 439 | 879 | 1,318 | 1,758 | - | - | - | - | - | - | |
Furniture and vehicles24 |
- | 0 | 852 | 1,961 | 3,070 | 4,180 | 5,289 | - | - | - | - | - | - | - | - | - | - | - | - | 165 | |
Other tangible fixed assets26 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,713 | |
Current assets29/58 |
17,179 | 21,261 | 49,269 | 69,783 | 83,293 | 103,184 | 54,765 | 34,187 | 45,197 | 143,153 | 88,111 | 101,952 | 137,024 | 152,308 | 116,589 | 93,312 | 168,093 | 157,865 | 99,138 | 134,689 | |
Stocks and contracts in progress3 |
- | - | - | 0 | 9,000 | 4,000 | - | 25,785 | 28,650 | 28,650 | 8,650 | 20,650 | 20,650 | 20,650 | 16,150 | 15,500 | 15,500 | 48,175 | 31,675 | 40,460 | |
Stocks30/36 |
- | - | - | 0 | 9,000 | 4,000 | - | 25,785 | 28,650 | 28,650 | 8,650 | 20,650 | 20,650 | 20,650 | 16,150 | 15,500 | 15,500 | 48,175 | 31,675 | 40,460 | |
Amounts receivable within one year40/41 |
9,642 | 9,067 | 30,888 | 62,765 | 60,592 | 69,786 | 16,819 | 8,399 | 8,729 | 104,062 | 64,627 | 81,287 | 115,427 | 121,593 | 95,451 | 77,749 | 150,995 | 99,361 | 49,532 | 93,492 | |
Trade receivables40 |
- | 0 | 30,884 | 51,351 | 53,767 | 69,578 | 16,619 | 8,399 | 8,452 | 103,790 | 64,303 | 81,272 | 115,412 | 121,501 | 95,451 | 77,732 | 150,995 | 98,451 | 49,514 | 93,128 | |
Other amounts receivable41 |
9,642 | 9,067 | 4 | 11,414 | 6,825 | 207 | 200 | - | 277 | 272 | 324 | 15 | 15 | 92 | - | 17 | - | 910 | 19 | 364 | |
Cash at bank and in hand54/58 |
7,537 | 11,853 | 18,381 | 6,703 | 13,402 | 29,084 | 37,585 | 3 | 7,819 | 10,313 | 14,835 | 15 | 947 | 10,064 | 4,988 | 63 | 1,599 | 10,329 | 17,930 | 737 | |
Deferred charges and accrued income490/1 |
0 | 341 | 0 | 315 | 299 | 314 | 361 | - | - | 127 | - | - | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
Total equity and liabilities10/49 |
17,179 | 21,261 | 64,361 | 88,699 | 101,756 | 124,916 | 72,447 | 34,187 | 45,197 | 143,153 | 90,186 | 106,101 | 143,249 | 160,607 | 116,589 | 93,312 | 168,093 | 157,865 | 99,138 | 138,567 | |
Equity10/15 |
17,179 | 17,557 | 35,620 | 34,565 | 36,349 | 34,230 | 31,421 | 19,298 | 21,213 | 18,074 | 13,767 | 10,918 | 6,965 | 14,434 | 13,531 | 6,006 | 25,406 | 28,356 | 12,088 | 20,523 | |
Contributions10/11 |
18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 6,200 | 6,200 | |
Issued capital100 |
- | - | - | - | - | - | - | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
Uncalled capital101 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12,392 | 12,392 | |
Reserves13 |
0 | 17,052 | 17,052 | 17,757 | 17,757 | 15,638 | 12,829 | 706 | 1,859 | 1,859 | 1,859 | 1,859 | 8,859 | 8,859 | 8,859 | 8,859 | 8,859 | 8,859 | 1,859 | 1,683 | |
Legal reserve130 |
- | - | - | - | - | - | - | 706 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,683 | |
Distributable reserves133 |
0 | 17,052 | 17,052 | 17,757 | 17,757 | 15,638 | 12,829 | - | - | - | - | - | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | - | - | |
Profit (loss) carried forward14 |
-1,413 | -18,087 | -24 | -1,785 | - | - | - | - | 761 | -2,377 | -6,684 | -9,533 | -20,486 | -13,018 | -13,920 | -21,445 | -2,046 | 905 | 4,029 | 12,640 | |
Provisions and deferred taxes16 |
0 | 1,502 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
Provisions for liabilities and charges160/5 |
0 | 1,502 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
Other liabilities and charges164/5 |
0 | 1,502 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
Amounts payable17/49 |
0 | 2,201 | 28,741 | 54,134 | 65,407 | 90,686 | 41,026 | 14,890 | 23,985 | 125,079 | 76,419 | 95,183 | 136,284 | 146,173 | 103,058 | 87,306 | 142,688 | 129,509 | 87,049 | 118,044 | |
Amounts payable after more than one year17 |
- | - | - | - | - | - | - | - | - | - | 20,024 | 21,243 | 46,501 | 56,275 | 87,946 | 74,336 | 87,446 | 56,008 | 71,594 | - | |
Other amounts payable178/9 |
- | - | - | - | - | - | - | - | - | - | 20,024 | 21,243 | 46,501 | 56,275 | 87,946 | 74,336 | 87,446 | 56,008 | 71,594 | - | |
Amounts payable within one year42/48 |
0 | 2,201 | 28,741 | 54,134 | 65,407 | 90,686 | 41,026 | 14,890 | 23,985 | 125,079 | 55,695 | 73,266 | 32,166 | 88,533 | 14,446 | 12,970 | 55,242 | 73,501 | 15,455 | 118,044 | |
Trade debts44 |
0 | 318 | 17,312 | 45,580 | 40,128 | 58,381 | 9,690 | 433 | 348 | 88,323 | 55,261 | 69,549 | 28,779 | 86,779 | 9,594 | 3,118 | 48,989 | 44,706 | 12,999 | 49,880 | |
Suppliers440/4 |
0 | 318 | 17,312 | 45,580 | 40,128 | 58,381 | 9,690 | 433 | 348 | 88,323 | 55,261 | 69,549 | 28,779 | 86,779 | 9,594 | 3,118 | 48,989 | 44,706 | 12,999 | 49,880 | |
Advances received on contracts in progress46 |
- | - | 0 | 5,595 | 20,069 | 16,400 | - | - | - | - | - | - | - | - | - | - | - | 28,000 | - | - | |
Taxes, remuneration and social security45 |
0 | 1,884 | 4,391 | 2,959 | 5,210 | 3,285 | 11,383 | 410 | 1,591 | 17,247 | 434 | 3,716 | 3,387 | 1,754 | 4,852 | 9,852 | 6,253 | 795 | 2,456 | 1,266 | |
Taxes450/3 |
0 | 1,884 | 4,391 | 2,959 | 5,210 | 3,285 | 11,383 | 410 | 1,591 | 17,247 | 434 | 3,716 | 3,387 | 1,754 | 4,852 | 9,852 | 6,253 | 795 | 2,456 | 1,266 | |
Other amounts payable47/48 |
- | 0 | 7,038 | - | 0 | 12,620 | 19,953 | 14,048 | 22,047 | 19,509 | - | - | - | - | - | - | - | - | - | 66,898 | |
Accrued charges and deferred income492/3 |
- | - | - | - | - | - | - | - | - | - | 699 | 674 | 57,616 | 1,366 | 667 | - | - | - | - | - | |
| Income statement | |||||||||||||||||||||
Gross operating margin9900 |
-1,843 | -15,981 | 11,712 | 2,952 | 8,742 | 7,928 | 27,678 | 2,376 | 6,115 | 8,559 | 8,365 | 6,801 | -4,554 | 16,979 | 18,876 | -18,774 | 3,990 | 9,068 | -5,340 | 2,222 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
- | 0 | 3,823 | 3,683 | 3,269 | 2,866 | 1,206 | - | - | 2,075 | 2,075 | 2,075 | 2,075 | 2,075 | - | - | - | - | 165 | 165 | |
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 |
- | 0 | 4,900 | - | - | - | -2,865 | 2,865 | - | - | -22,000 | - | - | 11,000 | 11,000 | - | 1,700 | - | - | -1,500 | |
Provisions for liabilities and charges: additions (uses and reversals)635/8 |
-1,502 | 1,502 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
Other operating charges640/8 |
0 | 400 | 528 | 648 | 469 | 120 | 7,185 | 478 | 475 | 820 | 24,058 | 348 | 405 | 581 | 706 | 253 | 2,499 | 4,173 | 266 | 1,174 | |
Non-recurring operating charges66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,647 | - | |
Operating profit (loss)9901 |
-341 | -17,883 | 2,462 | -1,379 | 5,003 | 4,942 | 22,153 | -966 | 5,641 | 5,664 | 4,232 | 4,379 | -7,035 | 3,323 | 7,171 | -19,027 | -209 | 4,895 | -5,771 | 2,382 | |
Financial income75/76B |
0 | 24 | 0 | 8 | 0 | 449 | 36 | - | 8 | 129 | 0 | 0 | 379 | 2,590 | 0 | - | 4 | 80 | 109 | 3 | |
Recurring financial income75 |
0 | 24 | 0 | 8 | 0 | 449 | 36 | - | 8 | 129 | 0 | 0 | 379 | 2,590 | 0 | - | 4 | 80 | 109 | 3 | |
Financial charges65/66B |
37 | 204 | 169 | 169 | 169 | 157 | 146 | 949 | 1,707 | 1,486 | 1,384 | 426 | 813 | 5,010 | 290 | 373 | 314 | 302 | 1,126 | 329 | |
Recurring financial charges65 |
37 | 204 | 169 | 169 | 169 | 157 | 146 | 949 | 1,707 | 1,486 | 1,384 | 426 | 813 | 5,010 | 290 | 373 | 314 | 302 | 1,126 | 329 | |
Profit (loss) for the period before taxes9903 |
-378 | -18,063 | 2,293 | -1,540 | 4,834 | 5,234 | 22,044 | -1,915 | 3,942 | 4,307 | 2,849 | 3,953 | -7,468 | 903 | 6,881 | -19,399 | -519 | 4,673 | -8,435 | 2,057 | |
Income taxes67/77 |
- | 0 | 1,237 | 245 | 2,714 | 2,425 | 9,920 | - | 803 | - | - | - | - | - | -644 | - | 2,431 | 797 | - | 1,227 | |
Profit (loss) for the period9904 |
-378 | -18,063 | 1,056 | -1,785 | 2,120 | 2,808 | 12,124 | -1,915 | 3,139 | 4,307 | 2,849 | 3,953 | -7,468 | 903 | 7,525 | -19,399 | -2,950 | 3,876 | -8,435 | 830 | |
Profit (loss) for the period to be appropriated9905 |
-378 | -18,063 | 1,056 | -1,785 | 2,120 | 2,808 | 12,124 | -1,915 | 3,139 | 4,307 | 2,849 | 3,953 | -7,468 | 903 | 7,525 | -19,399 | -2,950 | 3,876 | -8,435 | 830 | |
| Appropriation of the result | |||||||||||||||||||||
Profit (loss) to be appropriated9906 |
-18,465 | -18,087 | -729 | -1,785 | 2,120 | 2,808 | 12,124 | -1,154 | 761 | -2,377 | -6,684 | -16,533 | -20,486 | -13,018 | -13,920 | -21,445 | -2,046 | 7,905 | 4,205 | 13,305 | |
Profit (loss) brought forward from the previous period14P |
-18,087 | -24 | -1,785 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
Transfer from equity791/2 |
17,052 | 0 | 706 | - | - | - | - | 1,154 | - | - | - | 7,000 | - | - | - | - | - | - | - | - | |
Transfer to equity691/2 |
- | - | - | 0 | 2,120 | 2,808 | 12,124 | - | - | - | - | - | - | - | - | - | - | 7,000 | 176 | 665 | |
To the legal reserve6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 176 | 665 | |
To other reserves6921 |
- | - | - | 0 | 2,120 | 2,808 | 12,124 | - | - | - | - | - | - | - | - | - | - | 7,000 | - | - | |
| Document | |||||||||||||||||||||
The accounts for 5 older financial years (2002-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2026 at the NBB, filed on 28-08-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 24-02-2026 | micro format | 28-08-2026 | 2026-00499186 | |
| 31-12-2025 | micro format | 17-03-2026 | 2026-00057497 | |
| 31-12-2024 | micro format | 14-08-2025 | 2025-00378788 | |
| 31-12-2023 | micro format | 10-07-2024 | 2024-00236586 | |
| 31-12-2022 | micro format | 23-08-2023 | 2023-00343774 | |
| 31-12-2021 | micro format | 13-06-2022 | 2022-20065948 | |
| 31-12-2020 | micro format | 26-07-2021 | 2021-39900306 | |
| 31-05-2019 | micro format | 29-11-2019 | 2019-74800497 | |
| 31-05-2018 | micro format | 30-11-2018 | 2018-73200572 | |
| 31-05-2017 | micro format | 23-11-2017 | 2017-70300123 | |
| 31-05-2016 | abbreviated format | 29-11-2016 | 2016-68800173 | |
| 31-05-2015 | abbreviated format | 06-01-2016 | 2016-00200319 | |
| 31-05-2014 | abbreviated format | 17-07-2015 | 2015-31200586 | |
| 31-05-2013 | abbreviated format | 02-12-2013 | 2013-67200194 | |
| 31-05-2012 | abbreviated format | 04-01-2013 | 2013-00100407 | |
| 31-05-2011 | abbreviated format | 08-02-2012 | 2012-02700229 | |
| 31-05-2010 | abbreviated format | 24-12-2010 | 2010-64200017 | |
| 31-05-2009 | abbreviated format | 14-12-2009 | 2009-88400110 | |
| 31-05-2008 | abbreviated format | 12-06-2009 | 2009-22600373 | |
| 31-05-2007 | abbreviated format | 28-12-2007 | 2007-84900111 | |
| 31-05-2006 | abbreviated format | 30-11-2006 | 2006-88701941 | |
| 31-05-2005 | abbreviated format | 10-11-2005 | 2005-85702349 | |
| 31-05-2004 | abbreviated format | 25-04-2005 | 2005-12604943 | |
| 31-05-2003 | abbreviated format | 03-12-2003 | 2003-81702481 | |
| 31-05-2002 | abbreviated format | 29-01-2003 | 2003-03002595 |
| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | - | -17,883 | 6,285 | 2,304 | 8,272 | 7,807 | 23,359 | - | - | 7,739 | 6,307 | 6,454 | -4,960 | 5,398 | - | - | - | - | -5,606 | 2,547 | |
| Cash flow | - | -18,063 | 4,879 | 1,898 | 5,389 | 5,674 | 13,329 | - | - | 6,382 | 4,923 | 6,028 | -5,394 | 2,978 | - | - | - | - | -8,270 | 995 | |
| Investment in fixed assets (approximation) | - | -15,092 | 0 | 4,136 | 0 | 6,915 | 18,888 | - | - | 0 | 0 | 0 | 0 | 10,374 | - | - | - | - | -3,713 | - | |
| Change in cash | -4,317 | -6,527 | 11,677 | -6,699 | -15,682 | -8,501 | 37,582 | -7,815 | -2,495 | -4,521 | 14,820 | -933 | -9,117 | 5,077 | 4,925 | -1,536 | -8,730 | -7,602 | 17,193 | - | |
| Working capital | 17,179 | 19,059 | 20,528 | 15,649 | 17,887 | 12,498 | 13,739 | 19,298 | 21,213 | 18,074 | 32,416 | 28,686 | 104,858 | 63,775 | 102,143 | 80,342 | 112,852 | 84,364 | 83,683 | 16,646 | |
| Solvency | 100.0% | 82.6% | 55.3% | 39.0% | 35.7% | 27.4% | 43.4% | 56.4% | 46.9% | 12.6% | 15.3% | 10.3% | 4.9% | 9.0% | 11.6% | 6.4% | 15.1% | 18.0% | 12.2% | 14.8% | |
| Current ratio | - | 9.66 | 1.71 | 1.29 | 1.27 | 1.14 | 1.33 | 2.30 | 1.88 | 1.14 | 1.58 | 1.39 | 4.26 | 1.72 | 8.07 | 7.19 | 3.04 | 2.15 | 6.41 | 1.14 | |
| Quick ratio | - | 9.66 | 1.71 | 1.29 | 1.14 | 1.09 | 1.33 | 0.56 | 0.69 | 0.92 | 1.43 | 1.11 | 3.62 | 1.49 | 6.95 | 6.00 | 2.76 | 1.49 | 4.37 | 0.80 | |
| Debt to equity | 0.00 | 0.13 | 0.81 | 1.57 | 1.80 | 2.65 | 1.31 | 0.77 | 1.13 | 6.92 | 5.55 | 8.72 | 19.57 | 10.13 | 7.62 | 14.54 | 5.62 | 4.57 | 7.20 | 5.75 | |
| ROE | -2.2% | -102.9% | 3.0% | -5.2% | 5.8% | 8.2% | 38.6% | -9.9% | 14.8% | 23.8% | 20.7% | 36.2% | -107.2% | 6.3% | 55.6% | -323.0% | -11.6% | 13.7% | -69.8% | 4.0% | |
| ROA | -2.2% | -85.0% | 1.6% | -2.0% | 2.1% | 2.2% | 16.7% | -5.6% | 6.9% | 3.0% | 3.2% | 3.7% | -5.2% | 0.6% | 6.5% | -20.8% | -1.8% | 2.5% | -8.5% | 0.6% | |
| Interest coverage | - | -87.76 | 37.20 | 13.64 | 48.96 | 49.76 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 24-02-2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €4,136 | - |
| Depreciation and write-downs of the year | - | €0 | €3,823 | €3,683 | €3,269 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
The operating result for 2026 is a loss of €341, smaller than the loss of €17,883 in 2025.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
CM TECHNICS is no longer in the KBO register.
If something looks wrong or is missing, please tell us.