"TEC CONCEPT"
Active"TEC CONCEPT" has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84k and a net result of €4k. Equity is growing by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 86% of 27559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+5
Solvency100▲+21
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 5.15 against 2.9 in 2024; short-term debt: 18.4% and cash: 7.6% of total assets), and 18.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
81.6%
Return on assets
3.5%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 09-02-2026, 9 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 · 6 filingsDeviation from the deadline
2025
9 d late
2024
28 d late
2023
28 d late
2022
25 d late
2021
25 d late
2020
28 d late
← before the deadline
after the deadline →
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 close18-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€84k▲ 4.5%
2024 · €81k
2020: €39k
2021: €51k
2022: €66k
2023: €82k
2024: €81k
2020 → 2025
Total assets
€103k▼ 31.3%
2024 · €150k
2020: €76k
2021: €92k
2022: €92k
2023: €141k
2024: €150k
2020 → 2025
Net result
€4k
2024 · €-1k
2020: €33k
2021: €12k
2022: €15k
2023: €16k
2024: €-1k
2020 → 2025
Working capital
€79k▼ 19.7%
2024 · €98k
2020: €39k
2021: €77k
2022: €83k
2023: €96k
2024: €98k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€51k-€66k▲ 29.4%€82k▲ 24.2%€81k▼ 1.7%€84k▲ 4.5%
Operating result€14k-€26k▲ 94.2%€17k▼ 36.5%€9k▼ 43.5%€9k▼ 9.1%
Net result€12k-€15k▲ 28.6%€16k▲ 6.2%€-1k€4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 9% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €103k
Fixed assets
€6k▲ 727%
Current assets
€98k▼ 34.7%
Equity and liabilities €103k
Equity
€84k▲ 4.5%
Debt
€19k▼ 72.7%
The debt ratio falls from 46.3% to 18.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€10k▲
2024 · €10k
Cash flow
€5k▲
2024 · €-575
Solvency
81.6%▲
2024 · 53.7%
Current ratio
5.15▲
2024 · 2.90
Quick ratio
5.15▲
2024 · 2.90
Debt / equity
0.23▼
2024 · 0.86
ROE
4.3%▲
2024 · -1.7%
ROA
3.5%▲
2024 · -0.9%
Interest coverage
15.95▲
2024 · 6.77
Debt
€19k▼
2024 · €70k
Debt ≤ 1 year
€19k▼
2024 · €52k
Income taxes
€4k▼
2024 · €10k
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€150k€103k▼
Fixed assets21/28€674€6k▲
Tangible fixed assets22/27€674€6k▲
Furniture and vehicles24€674€6k▲
Current assets29/58€149k€98k▼
Amounts receivable within one year40/41€147k€89k▼
Trade receivables40€133k€87k▼
Other amounts receivable41€14k€3k▼
Cash at bank and in hand54/58€733€8k▲
Deferred charges and accrued income490/1€2k€334▼
Equity and liabilities
Total equity and liabilities10/49€150k€103k▼
Equity10/15€81k€84k▲
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Profit (loss) carried forward14€74k€78k▲
Amounts payable17/49€70k€19k▼
Amounts payable after more than one year17€18k-
Financial debts170/4€18k-
Amounts payable within one year42/48€52k€19k▼
Trade debts44€9k-
Suppliers440/4€9k-
Taxes, remuneration and social security45€30k€8k▼
Remuneration and social security454/9€30k€8k▼
Other amounts payable47/48€12k€11k▼
Income statement
Code20242025
Remuneration, social security and pensions62€15k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€811€2k▲
Other operating charges640/8€231-
Gross operating margin9900€26k€10k▼
Operating profit (loss)9901€9k€9k▼
Financial income75/76B€892€0▼
Recurring financial income75€892€0▼
Financial charges65/66B€2k€643▼
Recurring financial charges65€2k€643▼
Profit (loss) for the period before taxes9903€9k€8k▼
Income taxes67/77€10k€4k▼
Profit (loss) for the period9904€-1k€4k▲
Profit (loss) for the period to be appropriated9905€-1k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€74k€78k▲
Profit (loss) brought forward from the previous period14P€76k€74k▼
The notes to these accounts (4 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
09-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 9 days late
2025
30-06
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
30-06
Financial
Weakest financial yearnet €-1k ▼109%
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
28-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
25-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
30-06
Financial
Liquidity doublescurrent ratio 12.61
Current ratio from 5.99 to 12.61; short-term debt falls from €15k to €7k.
25-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
30-06
Financial
Liquidity triplescurrent ratio 5.99
Current ratio from 2.07 to 5.99; short-term debt falls from €37k to €15k.
28-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Brussel · 1 establishment unit since 2019
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.
Adrien Bayetlaan 621020 BrusselGround area
192 m²
Building footprint
158 m²
Volume, LiDAR
1,735 m³
Parcel 21816H0109/00A012, Brussels · tallest building 17.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
TEC CONCEPT
since 20192.284.216.574
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21816H0109/00A012 | Brussels | 192 m² | 1 · 158 m² | 17.9 m · 5 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.
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AXL CALLISTO
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MADE BY DAVE
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NDM SERVICE
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Of 15,536 companies in sector 43990 we hold annual accounts for 7,420. 6,249 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded16-01-2019
Fiscal year end30-06
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
43221Plumbing work
43331Floor and wall tiling
43341Painting of buildings
43421Specialised construction activities
43422Screed work
Sources
Crossroads Bank for EnterprisesNational Bank · 6 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.