F - TEC
ActiveSummary
The computed 12-month bankruptcy probability of F - TEC is 2.1% (moderate). For F - TEC, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €434,840 and a net result of €5,913. Equity remains stable across the filed financial years (±2.2% per year). Its solvency ranks better than 93% of 24,005 sector peers (NACE 47, financial year 2023). The company has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Retail sale of information and communication equipment
NACE 47400
1 site
Size
€68,417turnover 2023
- Equity
- €434,840
- Profit
- €5,913
Financial health
- Bankruptcy probabilitywithin 12 months
- 2.1%
2023 figures too old to score
Structure
2024 accounts not filed, 575 days past the deadline2 deeds in the Belgian Official Gazette
Signalsraises riskFigures for financial year 2023 (filed 31-05-2024)2 financial years not filed after the legal deadline; last filed accounts filed 61 days late; 3 of the last 3 lateTwo or more financial years not filed2023 accounts filed 61 days latelowers riskLiquidity: current ratio 7.88, cash €372,406Equity €434,840 (87.5% of total assets)Show the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Strong
Solvency
100=
equity 87.5% of total assets
Liquidity
98+2
short-term debt 12.5% · cash 74.9%
Profitability
75+2
return on assets 1.2%
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● unchanged vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.2%▲ +0.1 percentage points vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.3%▲ +0.1 percentage points vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.4%▲ +0.1 percentage points vs 07-2025
09-2025: 1.1%▲ +0.7 percentage points vs 08-2025
10-2025: 1.1%● unchanged vs 09-2025
11-2025: 1.1%● unchanged vs 10-2025
12-2025: 1.0%▼ -0.1 percentage points vs 11-2025
01-2026: 1.0%● unchanged vs 12-2025
02-2026: 1.0%● unchanged vs 01-2026
03-2026: 1.0%● unchanged vs 02-2026
04-2026: 1.7%▲ +0.7 percentage points vs 03-2026
05-2026: 1.7%● unchanged vs 04-2026
06-2026: 2.1%▲ +0.4 percentage points vs 05-2026highest value
07-2026: 2.1%● unchanged vs 06-2026highest value
08-2026: 2.1%● unchanged vs 07-2026highest value
09-2026: 2.1%● unchanged vs 08-2026highest value
10-2026: 2.1%● unchanged vs 09-2026highest value
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Signals
Six signals.
lowers riskraises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-08-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-08-2024 year end31-03-2025 deadline27-10-2026 today
raises risk · 2023 accounts filed 61 days late
The financial year that closed on 31-08-2023 was due by 31-03-2024 and was filed on 31-05-2024, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
61 days late
2022
61 days late
2021
71 days late
2020
429 days late
2019
60 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 136 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2023 · micro…
- Annual accounts filedfinancial year 2022 · micro…
- Annual accounts filedfinancial year 2021 · micro…
Financials · financial year 2023, micro format
2024 annual accounts not yet filed, deadline passed on 31 March 2025 Financial year closed on 31 August 2024; filing due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 27 October 2026.
Turnover
€68,417▼ 53.1%
2022 · €146,014
EBIT margin
13.1%▲ 0.7pp
2022 · 12.5%
Net result
€5,913▼ 56.6%
2022 · €13,611
Working capital
€429,136▲ 1.9%
2022 · €421,113
Trend over the years
2019 to 2023, 5 financial years 2019 to 2023, 5 financial years
The operating result falls in 2023; 2023 is 51% below 2022.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€68,417
2023
Operating result€8,982
2023
Net result€5,913
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€497,187
2023
Equity€434,840
2023
Debt€62,348
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€429,136
2023
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin13.1%
2023
Return on assets (ROA)1.2%
2023
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency87.5%
2023
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio7.88
2023
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202120222023
Turnover€658,261-€146,014€68,417▼ 53.1%
Operating result€52,515-€37,457▼ 28.7%€3,008▼ 92.0%€18,180▲ 504%€8,982▼ 50.6%
Net result€39,046-€19,899within the sector's middle half▼ 49.0%€1,693within the sector's middle half▼ 91.5%€13,611within the sector's middle half▲ 704%€5,913within the sector's middle half▼ 56.6%
EBIT margin8.0%-12.5%13.1%▲ 0.7pp
Equity€398,246-€413,623above the sector's middle half▲ 3.9%€415,316above the sector's middle half▲ 0.4%€428,927above the sector's middle half▲ 3.3%€434,840above the sector's middle half▲ 1.4%
Total assets€543,042-€512,828above the sector's middle half▼ 5.6%€468,316above the sector's middle half▼ 8.7%€509,440above the sector's middle half▲ 8.8%€497,187above the sector's middle half▼ 2.4%
Debt€144,796-€99,205▼ 31.5%€53,000▼ 46.6%€80,513▲ 51.9%€62,348▼ 22.6%
Working capital€386,400-€402,787above the sector's middle half▲ 4.2%€406,590above the sector's middle half▲ 0.9%€421,113above the sector's middle half▲ 3.6%€429,136above the sector's middle half▲ 1.9%
Solvency73.3%-80.7%above the sector's middle half▲ 7.3pp88.7%above the sector's middle half▲ 8.0pp84.2%above the sector's middle half▼ 4.5pp87.5%above the sector's middle half▲ 3.3pp
Current ratio3.67-5.06above the sector's middle half▲ 1.398.67above the sector's middle half▲ 3.616.23above the sector's middle half▼ 2.447.88above the sector's middle half▲ 1.65
Return on assets (ROA)7.2%-3.9%within the sector's middle half▼ 3.3pp0.4%within the sector's middle half▼ 3.5pp2.7%within the sector's middle half▲ 2.3pp1.2%within the sector's middle half▼ 1.5pp
above
within
below
the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €497,187
Fixed assets
€5,704 ▼ 27.0%
Current assets
€491,484 ▼ 2.0%
Equity and liabilities €497,187
Equity
€434,840 ▲ 1.4%
Debt
€62,348 ▼ 22.6%
Debt's share of the balance-sheet total falls from 15.8% to 12.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€11,092▼
2022 · €20,290
Cash flow
€8,023▼
2022 · €15,721
Quick ratio
7.72▲
2022 · 6.10
Debt to equity
0.14▼
2022 · 0.19
ROE
1.4%▼
2022 · 3.2%
Interest coverage
over 100
2022 · over 100
Debt ≤ 1 year
€62,348▼
2022 · €80,513
Income taxes
€3,017▼
2022 · €4,537
Staff costs
€4,861▼
2022 · €8,897
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €658,261 | - | - | €146,014 | €68,417 | ▼ 53.1% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €84,581 | €51,687 | ▼ 38.9% |
| Remuneration, social security and pensions62 | - | - | €5,174 | €8,897 | €4,861 | ▼ 45.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,770 | €2,110 | €2,110 | €2,110 | €2,110 | = |
| Other operating charges640/8 | - | €628 | €646 | €764 | €777 | ▲ 1.7% |
| Gross operating margin9900 | €54,904 | €40,195 | €10,938 | €29,950 | €16,730 | ▼ 44.1% |
| Operating profit (loss)9901 | €52,515 | €37,457 | €3,008 | €18,180 | €8,982 | ▼ 50.6% |
| Financial charges65/66B | - | €657 | €99 | €32 | €53 | ▲ 66.4% |
| Recurring financial charges65 | €1,187 | €657 | €99 | €32 | €53 | ▲ 66.4% |
| Profit (loss) for the period before taxes9903 | €51,328 | €36,800 | €2,910 | €18,148 | €8,929 | ▼ 50.8% |
| Income taxes67/77 | €12,282 | €16,902 | €1,216 | €4,537 | €3,017 | ▼ 33.5% |
| Profit (loss) for the period9904 | €39,046 | €19,899 | €1,693 | €13,611 | €5,913 | ▼ 56.6% |
| Profit (loss) for the period to be appropriated9905 | €39,046 | €19,899 | €1,693 | €13,611 | €5,913 | ▼ 56.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €543,042 | €512,828 | €468,316 | €509,440 | €497,187 | ▼ 2.4% |
| Fixed assets21/28 | €11,846 | €10,836 | €8,726 | €7,814 | €5,704 | ▼ 27.0% |
| Tangible fixed assets22/27 | €11,306 | €10,296 | €8,186 | €7,274 | €5,164 | ▼ 29.0% |
| Land and buildings22 | - | €9,536 | €7,766 | €5,995 | €4,225 | ▼ 29.5% |
| Plant, machinery and equipment23 | - | €760 | €420 | €1,278 | €938 | ▼ 26.6% |
| Financial fixed assets28 | €540 | €540 | €540 | €540 | €540 | = |
| Current assets29/58 | €531,196 | €501,992 | €459,590 | €501,626 | €491,484 | ▼ 2.0% |
| Stocks and contracts in progress3 | €17,378 | €9,526 | €41,731 | €10,248 | €10,248 | = |
| Stocks30/36 | - | €9,526 | €41,731 | €10,248 | €10,248 | = |
| Amounts receivable within one year40/41 | €323,089 | €159,247 | €104,558 | €98,120 | €108,830 | ▲ 10.9% |
| Trade receivables40 | - | €158,471 | €97,954 | €89,675 | €107,964 | ▲ 20.4% |
| Other amounts receivable41 | - | €776 | €6,604 | €8,445 | €866 | ▼ 89.7% |
| Cash at bank and in hand54/58 | €190,729 | €333,219 | €313,301 | €393,259 | €372,406 | ▼ 5.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €543,042 | €512,828 | €468,316 | €509,440 | €497,187 | ▼ 2.4% |
| Equity10/15 | €398,246 | €413,623 | €415,316 | €428,927 | €434,840 | ▲ 1.4% |
| Contributions10/11 | €50,592 | €50,592 | €50,592 | €50,592 | €50,592 | = |
| Capital10 | - | €50,592 | €50,592 | €50,592 | €50,592 | = |
| Issued capital100 | - | €50,592 | €50,592 | €50,592 | €50,592 | = |
| Reserves13 | €153,041 | €153,041 | €153,041 | €153,041 | €153,041 | = |
| Non-distributable reserves130/1 | - | €5,059 | €5,059 | €5,059 | €5,059 | = |
| Legal reserve130 | - | €5,059 | €5,059 | €5,059 | €5,059 | = |
| Distributable reserves133 | - | €147,982 | €147,982 | €147,982 | €147,982 | = |
| Profit (loss) carried forward14 | €194,613 | €209,989 | €211,683 | €225,294 | €231,207 | ▲ 2.6% |
| Amounts payable17/49 | €144,796 | €99,205 | €53,000 | €80,513 | €62,348 | ▼ 22.6% |
| Amounts payable within one year42/48 | €144,796 | €99,205 | €53,000 | €80,513 | €62,348 | ▼ 22.6% |
| Trade debts44 | €109,168 | €83,750 | €37,202 | €58,208 | €30,313 | ▼ 47.9% |
| Suppliers440/4 | - | €83,750 | €37,202 | €58,208 | €30,313 | ▼ 47.9% |
| Taxes, remuneration and social security45 | - | €5,677 | €6,538 | €13,045 | €1,971 | ▼ 84.9% |
| Taxes450/3 | - | €5,677 | €4,936 | €9,146 | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | - | €1,603 | €3,899 | €1,971 | ▼ 49.5% |
| Other amounts payable47/48 | - | €9,778 | €9,260 | €9,260 | €30,064 | ▲ 225% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €39,046 | €19,899 | €1,693 | €13,611 | €5,913 | ▼ 56.6% |
| + Depreciation and write-downs630 | €1,770 | €2,110 | €2,110 | €2,110 | €2,110 | = |
| Operating cash flow (approximation) | €40,816 | €22,009 | €3,804 | €15,721 | €8,023 | ▼ 49.0% |
| Investment in fixed assets (approximation) | - | -€1,100 | €0 | -€1,198 | €0 | - |
| Change in cash | - | €142,490 | -€19,918 | €79,958 | -€20,853 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 29 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-08-2023 | micro format | 31-05-2024 | 2024-00103112 |
| 31-08-2022 | micro format | 31-05-2023 | 2023-00103128 |
| 31-08-2021 | micro format | 10-06-2022 | 2022-20060415 |
| 31-08-2020 | micro format | 03-06-2022 | 2022-20047351 |
| 31-08-2019 | micro format | 30-05-2020 | 2020-14100066 |
| 31-08-2018 | micro format | 30-04-2019 | 2019-12100542 |
| 31-08-2017 | micro format | 30-04-2018 | 2018-11600034 |
| 31-08-2016 | abbreviated format | 30-04-2017 | 2017-11300119 |
| 31-08-2015 | abbreviated format | 30-04-2016 | 2016-11500304 |
| 31-08-2014 | abbreviated format | 29-05-2015 | 2015-14000112 |
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Of the 3,171 active companies whose main activity is retail sale of information and communication equipment (NACE 47400), figures are known for 1,807. 1,142 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.
Directors
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the directors and other office holders in the KBO →
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
2024
31-05
NBB filing
Annual accounts filed
financial year 2023 · micro format · 61 days late
2023
31-05
NBB filing
Annual accounts filed
financial year 2022 · micro format · 61 days late
2022
10-06
NBB filing
Annual accounts filed
financial year 2021 · micro format · 71 days late
03-06
NBB filing
Annual accounts filed
financial year 2020 · micro format · 429 days late
2021
31-08
Financial
Weakest financial yearnet €1,693 ▼91.5%
Net result drops to €1,693, the lowest in the series; recovery starts the following year.
2020
30-05
NBB filing
Annual accounts filed
financial year 2019 · micro format · 60 days late
2019
30-04
NBB filing
Annual accounts filed
financial year 2018 · micro format · 30 days late
2018
30-04
NBB filing
Annual accounts filed
financial year 2017 · micro format · 30 days late
2017
30-04
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format · 30 days late
2016
30-04
NBB filing
Annual accounts filed
financial year 2015 · abbreviated format · 30 days late
2015
29-05
NBB filing
Annual accounts filed
financial year 2014 · abbreviated format · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 29 annual accounts filed, the latest 10 are here; all 29 are under Financials.
0 of 2 deeds read
About the unread acts
We know of 2 Belgian Official 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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Register details
Identification
Legal formPrivate limited company (pre-2019)
Founded31-07-1992
Financial year end31-08
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
58110Book publishing
62100Computer programming
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID
0208:0447953225
Also
9925:BE0447953225
Registered
26-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Duffel · 1 establishment unit since 1997
Ground area
3,307 m²
Building footprint
135 m²
Building volume
771 m³
Parcel 12302B0090/00L000, Flanders · tallest building 8.9 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
F-TEC
since 1997unit no. 2.113.620.397
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12302B0090/00L000 | Flanders | 3,307 m² | 1 · 135 m² | 8.9 m · 2 |
How the parcels are linked
Good to know
The parcel matches the address exactly.