TEC FACILITY
Open bankruptcyA bankruptcy procedure is open for TEC FACILITY according to publications in the Belgian State Gazette; curator: CLAIRE VAN DE VELDE.
Summary
The 2023 annual accounts show equity of €39k and a net result of €13k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 21-10-2024, 82 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
82 d late
2021
137 d late
2020
137 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Turnover
€810k
EBIT margin
16.4%
Net result
€13k▼ 90.2%
2021 · €133k
2020: €2k
2021: €133k
2020 → 2023
Working capital
€9k▼ 75.8%
2021 · €36k
2020: €7k
2021: €36k
2020 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202020212023Trend
Turnover€810k
Equity€7k-€55k▲ 719%€39k▼ 29.9%
Operating result€2k-€133k▲ 5,891%€18k▼ 86.8%
Net result€2k-€133k▲ 7,525%€13k▼ 90.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €18k in 2023, compared with €133k in 2021. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2023 in colour, 2021 as the grey bar beneath
Assets €239k
Fixed assets
€30k ▲ 53.8%
Current assets
€209k ▲ 58.1%
Equity and liabilities €239k
Equity
€39k ▼ 29.9%
Debt
€200k ▲ 108%
Debt's share of the balance-sheet total rises from 63.6% to 83.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€33k▼
2021 · €139k
Cash flow
€28k▼
2021 · €139k
Current ratio
1.04▼
2021 · 1.37
Debt to equity
5.18▲
2021 · 1.75
ROE
33.7%▼
2021 · 240.9%
ROA
5.4%▼
2021 · 87.6%
Interest coverage
169.26
Debt ≤ 1 year
€200k▲
2021 · €97k
Income taxes
€4k
Staff costs
€74k▲
2021 · €19k
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 · 2023 against 2021 · 46 lines
Balance sheet
Code20212023
Assets
Total assets20/58€152k€239k▲
Fixed assets21/28€20k€30k▲
Tangible fixed assets22/27€20k€30k▲
Plant, machinery and equipment23-€5k
Furniture and vehicles24€20k€25k▲
Current assets29/58€132k€209k▲
Amounts receivable within one year40/41€121k€181k▲
Trade receivables40€601€448▼
Other amounts receivable41€120k€180k▲
Cash at bank and in hand54/58€11k€24k▲
Deferred charges and accrued income490/1-€5k
Equity and liabilities
Total equity and liabilities10/49€152k€239k▲
Equity10/15€55k€39k▼
Contributions10/11€5k€5k=
Capital10€5k€5k=
Issued capital100€5k€5k=
Reserves13-€500
Non-distributable reserves130/1-€500
Legal reserve130-€500
Profit (loss) carried forward14€50k€33k▼
Amounts payable17/49€97k€200k▲
Amounts payable within one year42/48€97k€200k▲
Trade debts44-€7k
Suppliers440/4-€7k
Taxes, remuneration and social security45€12k€68k▲
Taxes450/3€6k€37k▲
Remuneration and social security454/9€5k€31k▲
Other amounts payable47/48€85k€125k▲
Income statement
Code20212023
Turnover70€810k-
Goods, raw materials, services and sundry goods60/61€652k€464k▼
Remuneration, social security and pensions62€19k€74k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€15k▲
Other operating charges640/8-€2k
Gross operating margin9900€158k€109k▼
Operating profit (loss)9901€133k€18k▼
Financial charges65/66B-€195
Recurring financial charges65-€195
Profit (loss) for the period before taxes9903€133k€17k▼
Income taxes67/77-€4k
Profit (loss) for the period9904€133k€13k▼
Profit (loss) for the period to be appropriated9905€133k€13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€135k€85k▼
Profit (loss) brought forward from the previous period14P€2k€72k▲
Profit to be distributed694/7€85k€52k▼
Return on contributions (dividend)694-€52k
Directors or managers695€85k-
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
2026
27-04
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL TEC FACILITY BOULEVARD DE L’EMPEREUR 10, 1000 BRUXELLES · event 20-04-2026
2024
21-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 82 days late
2022
15-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 137 days late
2021
31-12
Financial
Highest result since 2020net €133k ▲7525%
Operating result €133k, net result €133k, both a record.
15-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 137 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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 2020
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.
Keizerslaan 101000 BrusselGround area
976 m²
Building footprint
579 m²
Volume, LiDAR
12,071 m³
2 parcels, Brussels · tallest building 27.7 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
TEC FACILITY
since 20202.311.862.366
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21808H1778/00D000 | Brussels | 670 m² | 1 · 488 m² | 27.7 m · 8 fl. |
| 21815D0069/00S000 | Brussels | 306 m² | 1 · 90 m² | 13.7 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CLAIRE VAN DE VELDE AVENUE DE FRE 229,
1180 UCCLE |
20-04-2026 → present |
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,916 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
Founded09-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:TECFACSRL@GMAIL.COM
E-mail:INFO@ABFC.BE
Phone:0495154172