TECH CERT
ActiveSummary
TECH CERT has been active since 2017 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show equity of €10,379 and a net result of -€139. Equity is shrinking by ~21.3% per year across the filed fiscal years. Its solvency ranks better than 62% of 9557 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability35▼-41
Solvency91=
Growth32=
Track record92
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.09 against 2.11 in 2024; short-term debt: 34.3% and cash: 28.6% of total assets), and 34.3% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
65.7%
Return on assets
-0.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 7 filingsDeviation from the deadline
2025
27 d late
2024
196 d late
2022
5 d early
2021
12 d early
2020
44 d late
2019
116 d late
2018
26 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 56 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€10,379▼ 1.3%
2024 · €10,518
Total assets
€15,788▼ 0.9%
2024 · €15,927
Net result
-€139
2024 · €2,435
Working capital
€5,889▼ 2.3%
2024 · €6,028
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220242025
Operating result€47,993▲ 3.5%€49,631▲ 3.4%€3,085▼ 93.8%
Net result€27,074within the sector's middle half▼ 14.8%€39,536above the sector's middle half▲ 46.0%€2,442within the sector's middle half▼ 93.8%€2,435within the sector's middle half--€139below the sector's middle half
Equity€18,550below the sector's middle half▼ 80.2%€18,550below the sector's middle half=€20,992below the sector's middle half▲ 13.2%€10,518below the sector's middle half-€10,379below the sector's middle half▼ 1.3%
Total assets€137,373within the sector's middle half▲ 21.8%€70,778within the sector's middle half▼ 48.5%€24,262below the sector's middle half▼ 65.7%€15,927below the sector's middle half-€15,788below the sector's middle half▼ 0.9%
Debt€118,823▲ 520%€52,228▼ 56.0%€3,269▼ 93.7%€5,409-€5,409=
Working capital€18,550within the sector's middle half▼ 80.2%€15,040within the sector's middle half▼ 18.9%€16,502within the sector's middle half▲ 9.7%€6,028within the sector's middle half-€5,889within the sector's middle half▼ 2.3%
Solvency13.5%below the sector's middle half▼ 69.5pp26.2%within the sector's middle half▲ 12.7pp86.5%above the sector's middle half▲ 60.3pp66.0%within the sector's middle half-65.7%within the sector's middle half▼ 0.3pp
Current ratio1.16within the sector's middle half▼ 4.721.29within the sector's middle half▲ 0.136.05above the sector's middle half▲ 4.762.11within the sector's middle half-2.09within the sector's middle half▼ 0.03
Return on assets (ROA)19.7%within the sector's middle half▼ 8.5pp55.9%above the sector's middle half▲ 36.2pp10.1%within the sector's middle half▼ 45.8pp15.3%within the sector's middle half--0.9%below the sector's middle half▼ 16.2pp
Staff (FTE)0.7
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 94% below 2021 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15,788
Fixed assets
€4,490 =
Current assets
€11,298 ▼ 1.2%
Equity and liabilities €15,788
Equity
€10,379 ▼ 1.3%
Debt
€5,409 =
Debt's share of the balance-sheet total rises from 34.0% to 34.3%. Equity is lower.
Key figures and ratios
Debt to equity
0.52▲
2024 · 0.51
ROE
-1.3%▼
2024 · 23.2%
Debt ≤ 1 year
€5,409=
2024 · €5,409
Income taxes
€0▲
2024 · -€2,570
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,442 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a small loss
2.1%
went bankrupt
7.3%
stopped otherwise
90%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,442 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €12,730 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €388 | €858 | - | - | - |
| Other operating charges640/8 | - | €1,507 | €1,265 | - | - | - |
| Gross operating margin9900 | €48,753 | €51,526 | €17,939 | - | - | - |
| Operating profit (loss)9901 | €47,993 | €49,631 | €3,085 | - | - | - |
| Financial income75/76B | - | €1,532 | €1,272 | €38 | €15 | ▼ 60.0% |
| Recurring financial income75 | €1,126 | €1,532 | €1,272 | €38 | €15 | ▼ 60.0% |
| Financial charges65/66B | - | €704 | €485 | €173 | €154 | ▼ 10.7% |
| Recurring financial charges65 | €463 | €704 | €485 | €173 | €154 | ▼ 10.7% |
| Profit (loss) for the period before taxes9903 | €50,157 | €50,459 | €3,873 | -€134 | -€139 | ▼ 3.3% |
| Income taxes67/77 | €23,083 | €10,923 | €1,430 | -€2,570 | €0 | ▲ 100% |
| Profit (loss) for the period9904 | €27,074 | €39,536 | €2,442 | €2,435 | -€139 | ▼ 106% |
| Profit (loss) for the period to be appropriated9905 | €27,074 | €39,536 | €2,442 | €2,435 | -€139 | ▼ 106% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €137,373 | €70,778 | €24,262 | €15,927 | €15,788 | ▼ 0.9% |
| Fixed assets21/28 | - | €3,510 | €4,490 | €4,490 | €4,490 | = |
| Tangible fixed assets22/27 | - | €3,510 | €4,490 | €4,490 | €4,490 | = |
| Plant, machinery and equipment23 | - | €642 | €367 | €367 | €367 | = |
| Furniture and vehicles24 | - | €2,868 | €4,123 | €4,123 | €4,123 | = |
| Current assets29/58 | €137,373 | €67,268 | €19,772 | €11,437 | €11,298 | ▼ 1.2% |
| Amounts receivable within one year40/41 | €5,719 | €7,891 | €9,860 | €6,782 | €6,782 | = |
| Trade receivables40 | - | €2,368 | €424 | - | - | - |
| Other amounts receivable41 | - | €5,523 | €9,436 | €6,782 | €6,782 | = |
| Cash at bank and in hand54/58 | €131,653 | €59,377 | €9,912 | €4,655 | €4,516 | ▼ 3.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €137,373 | €70,778 | €24,262 | €15,927 | €15,788 | ▼ 0.9% |
| Equity10/15 | €18,550 | €18,550 | €20,992 | €10,518 | €10,379 | ▼ 1.3% |
| Contributions10/11 | - | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Outside capital11 | - | - | - | €18,550 | - | - |
| Other1109/19 | - | - | - | €18,550 | - | - |
| Reserves13 | - | - | €2,442 | €2,442 | €2,442 | = |
| Distributable reserves133 | - | - | €2,442 | €2,442 | €2,442 | = |
| Profit (loss) carried forward14 | €43,251 | - | - | -€10,475 | -€10,613 | ▼ 1.3% |
| Amounts payable17/49 | €118,823 | €52,228 | €3,269 | €5,409 | €5,409 | = |
| Amounts payable within one year42/48 | €118,823 | €52,228 | €3,269 | €5,409 | €5,409 | = |
| Trade debts44 | €1,543 | €3,018 | €1,150 | €3,986 | €3,986 | = |
| Suppliers440/4 | - | €3,018 | €1,150 | €3,986 | €3,986 | = |
| Taxes, remuneration and social security45 | - | €3,488 | €2,119 | €1,423 | €1,423 | = |
| Taxes450/3 | - | €3,488 | €1,423 | €1,423 | €1,423 | = |
| Remuneration and social security454/9 | - | - | €696 | - | - | - |
| Other amounts payable47/48 | - | €45,722 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,074 | €39,536 | €2,442 | €2,435 | -€139 | ▼ 106% |
| + Depreciation and write-downs630 | - | €388 | €858 | - | - | - |
| Operating cash flow (approximation) | €27,074 | €39,924 | €3,300 | €2,435 | -€139 | ▼ 106% |
| Investment in fixed assets (approximation) | - | - | -€1,838 | - | €0 | - |
| Change in cash | - | -€72,277 | -€49,465 | - | -€139 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
12-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 196 days late
2025
31-12
Financial
Weakest financial yearnet -€139
Net result drops to -€139, the lowest in the series.
2024
29-05
KBO administration
Address struck
Mouflonlaan 50 3090 L’adresse du siège Mouflonlaan 50 3090 Die Sitzadresse Mouflonlaan 50 3090 Ove-
Overijse is doorgehaald met ingang van Overijse · event 04-04-2024
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 5current ratio 6.05
Current ratio from 1.29 to 6.05; short-term debt falls from €52,228 to €3,269.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
13-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 44 days late
2020
24-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 116 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Leuven · 1 establishment unit since 2017
Ground area
381 m²
Building footprint
104 m²
Volume, LiDAR
738 m³
Parcel 24434F0026/00G002, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Credics
since 20172.264.182.413
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24434F0026/00G002 | Flanders | 381 m² | 1 · 104 m² | 11.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
PEB AND CONSTRUCT
BE 0837.329.338
Overijse · Eq €10,381
Mecanovation
BE 1011.427.017
Andenne · Eq €10,362
THINK SOLID
BE 0801.474.376
Overijse · Eq €10,329
GROUPE BECL
BE 0666.899.546
Philippeville · Eq €10,325
TNE ENGINEERING
BE 1016.198.427
Liège · Eq €10,313
Of 11,577 companies in sector 71121 we hold annual accounts for 6,570. 2,986 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-04-2017
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
73300Public relations and communication consultancy
82100Office administrative and support services
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0674430013
Also
9925:BE0674430013
Registered
26-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.