Result
€75,307 ▼ 66.4%
The result fell in 2025 from €223,954 to €75,307.
TEC4JETS
Lifetime
18 annual accounts with figures on one time axis, 46 filings since 1980peak €21.3m (2024)
€19.8m▼ 7.0%
lowest -€3.0m (2020)
€75,307▼ 66.4%
peak €8.0m (2019)
€6.9m▲ 1.1%
€7.9m▼ 30.9%
peak 152 FTE (2025)
152 FTE▲ 2.0%
Board8 names since 2020
3 directorsGunther Hofman and 2 others
Owners6 names in the annual accounts
100%TUI Belgium and 1 other
Documentsfilings and deeds
21-05-202621 days late
2025financial year
Result from €223,954 to €75,3072 directors appointed, 1 resignation 24-03Debts from €11.5m to €7.9mCash from €60,185 to €477,032
Key points
from the 2025 annual accountsInvestments
€112,191 0.1 × depreciation
Green is investment, beige is depreciation.
Staff
155 employees on 30-09-2025
In 2025, 20 people joined and 20 left.
Payment terms
100 days to suppliers
TEC4JETS pays its suppliers 88 days earlier than in 2024. Customers pay 92 days earlier.
Filings
46 annual accounts since 1980
Three of the last ten came late. The 2023 accounts came latest: 359 days after the end of the period.
Position in the sector
€6.9m
More equity than 86% of companies in repair and installation of machinery. Sector median €994,870 · 191 companies.
Checked score
85
Excellent
Financially stronger than 58% of medium-sized companies in repair and installation of machinery (NACE 33)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 35 companies (NACE 33, medium-sized).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.7%highest value
01-2025: 2.4%▼ -0.3 percentage points vs 12-2024
02-2025: 2.4%● unchanged vs 01-2025
03-2025: 2.4%● unchanged vs 02-2025
04-2025: 2.4%● unchanged vs 03-2025
05-2025: 2.3%▼ -0.1 percentage points vs 04-2025
06-2025: 0.6%▼ -1.7 percentage points vs 05-2025
07-2025: 0.6%● unchanged vs 06-2025
08-2025: 0.6%● unchanged vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.7%▲ +0.1 percentage points vs 03-2026
05-2026: 1.2%▲ +0.5 percentage points vs 04-2026
06-2026: 0.4%▼ -0.8 percentage points vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.4%● unchanged vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.4%● unchanged vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 1.94, cash €477,032
Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)
Last filed accounts filed 21 days late; 1 of the last 3 accounts late
lowers risk
Founded in 1979
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 33, medium-sized). It does better than 85% of them on solvency, 62% on liquidity, 50% on profitability and 36% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,887 companies had the same profile as TEC4JETS has now. Each dot stands for 5 companies, two years later.
97.9%
were still trading
2.0%
stopped another way
0.1%
went bankrupt
That fits the bankruptcy probability of TEC4JETS itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,887 companies, not a prediction for TEC4JETS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €550,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.94 (1.63 in 2024), above the usual 1.5. Short-term debt is 37.6% and cash 3.2% of total assets. However, 53.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 21 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 21-05-2026, 21 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
21 days late
2024
on the day
2023
359 days late
2022
5 days early
2021
31 days early
2020
4 days early
2019
26 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 45 days after the deadline. In the sector (NACE 33), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 30 April (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end08-11-2026 today30-04-2027 deadline
Board and ownership
- TUI Belgium 100%score 78equity €140.1m (2025) · 30-09-2025 annual accounts of TUI Belgium
- TUI Belgium Real Estate NV 0.04%score 88equity €11.4m (2025) · annual accounts 30-09-2018
Recent changes
2 directors appointed, 1 resignation
Resignation: WIVABE SERVICES BV · Permanent representative: Wim Van Besien · Appointments: Geert Somers and Ryan Potter · General meeting of 06-03-2025 · Gazette deed
Resignation: ELIE BRUYNINCKX CONSULTING BV (director)
Permanent representative: Elie Bruyninckx · General meeting of 30-09-2024 · Gazette deed
Amendment of the articles
Gazette deed
3 directors reappointed
Elie Bruyninckx Consulting BV, Wivabe Services BV and Gunther Hofman · Permanent representatives: Elie Bruyninckx and Wim Van Besien · General meeting of 29-03-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TEC4JETS Zaventem | €19.8m | 1.5% | 46.6% | 152 |
| Sabena Engineering Brussels Steenokkerzeel | €18.4m | 9.6% | 28.7% | 66.9 |
| ASL Maintenance Belgium Grâce-Hollogne | €27.3m | -4.0% | 36.0% | 141.7 |
| Patria Belgium Engine Center Herstal | €52.8m | 12.9% | 58.6% | 117.6 |
| ExecuJet MRO Services Belgium Wevelgem | - | - | 71.7% | 22 |
| LOMA - AIR Heist-op-den-Berg | - | - | 79.7% | 12.7 |
| AIR TECHNOLOGY BELGIUM Wevelgem | - | - | 27.5% | 7.1 |
Grey: the largest companies of the sector (repair and installation of machinery (NACE 33)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as TEC4JETS: repair, maintenance and installation of machinery and equipment (NACE 33160). They are comparable in size and age: total assets between €2.3m and €50m, founded between 1979 and 2009.
Official details
Source: KBO- Status
- Active since 08-02-1979Normal situation
- Activity
- Repair, maintenance and installation of machinery and equipmentNACE 33160
- Joint committee
- 315.01Commercial aviation · annual accounts 30-09-2025
- Establishment unit
- 2.232.630.7861930 Zaventem, since 23-06-2007
- Financial year end
- 30 September
- Peppol
- Reachable since 01-01-0001
Annual accounts to 30-09-2025
- €14.8m▼ 19.0%
- Employeeson 30-09-2025
- 155=
- Filing
- Filed on 21-05-2026
Insights on TEC4JETS
TEC4JETS has existed since 1979. Turnover grew from €7.6m in 2010 to €19.8m in 2025 and staff from 64 to 152 full-time equivalents.
Solvency rose in 2025 from 37.4% to 46.6% because of the retained profit and a capital increase and lower debts.
TUI Belgium holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TEC4JETS
- What is the company number of TEC4JETS?
- The company number of TEC4JETS is 0419.225.387. The VAT number is the same number with BE in front: BE 0419.225.387.
- Where is TEC4JETS based?
- The registered office is at Luchthaven Brussel Nationaal 40 P, 1930 Zaventem.Company details
- What does TEC4JETS do?
- According to the KBO register, the main activity is repair, maintenance and installation of machinery and equipment (NACE 33160).
- What is the legal form of TEC4JETS?
- TEC4JETS is a public limited company (NV).
- When was TEC4JETS founded?
- TEC4JETS was founded on 08-02-1979.
- Is TEC4JETS still active?
- Yes, TEC4JETS is an active enterprise in the KBO register.
- How many employees does TEC4JETS have?
- TEC4JETS had an average of 152 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does TEC4JETS fall under?
- In its 30-09-2025 annual accounts, TEC4JETS states joint committee 315.01 (Commercial aviation).
- What is the turnover of TEC4JETS?
- The turnover of TEC4JETS was €19.8m in financial year 2025, according to the filed annual accounts.
- Is TEC4JETS profitable?
- In financial year 2025, TEC4JETS made a profit of €75,307.
- Where can I find the annual accounts of TEC4JETS?
- TEC4JETS filed 46 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TEC4JETS due?
- TEC4JETS must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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