TECH-CON
ActiveSummary
TECH-CON has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €110,684 and a net result of -€1,259. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 50% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability28▼-49
Solvency88▼-12
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 2.7 against 5.26 in 2023; short-term debt: 34.8% and cash: 0.1% of total assets), and 37% of the assets are financed with debt.
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Signals
Four 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% 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 2024Solvency, return and age of the figures
Solvency
63%
Return on assets
-0.7%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
26 d late
2022
203 d late
2021
474 d late
2020
89 d late
2019
122 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 157 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€110,684▼ 1.1%
2023 · €111,943
Total assets
€175,734▲ 28.6%
2023 · €136,638
Net result
-€1,259
2023 · €9,273
Working capital
€104,136▼ 0.9%
2023 · €105,094
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€62,610€40,800▼ 34.8%€4,619▼ 88.7%€13,480▲ 192%€470▼ 96.5%
Net result€48,327▲ 28,663%€30,612▼ 36.7%€2,158▼ 92.9%€9,273▲ 330%-€1,259
Equity€69,900▲ 224%€100,512▲ 43.8%€102,670▲ 2.1%€111,943▲ 9.0%€110,684▼ 1.1%
Total assets€118,234▲ 146%€113,185▼ 4.3%€133,399▲ 17.9%€136,638▲ 2.4%€175,734▲ 28.6%
Debt€48,335▲ 82.4%€12,673▼ 73.8%€30,729▲ 142%€24,695▼ 19.6%€65,051▲ 163%
Working capital€56,111▲ 253%€89,419▲ 59.4%€96,067▲ 7.4%€105,094▲ 9.4%€104,136▼ 0.9%
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 2024; 2024 is 97% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €175,734
Fixed assets
€10,486 ▲ 53.1%
Current assets
€165,249 ▲ 27.3%
Equity and liabilities €175,734
Equity
€110,684 ▼ 1.1%
Debt
€65,051 ▲ 163%
Debt's share of the balance-sheet total rises from 18.1% to 37.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€5,172▼
2023 · €18,048
Cash flow
€3,443▼
2023 · €13,841
Current ratio
2.70▼
2023 · 5.26
Debt to equity
0.59▲
2023 · 0.22
ROE
-1.1%▼
2023 · 8.3%
ROA
-0.7%▼
2023 · 6.8%
Interest coverage
1.21▼
2023 · 66.87
Debt ≤ 1 year
€61,113▲
2023 · €24,695
Debt > 1 year
€3,938
Income taxes
€1,408▼
2023 · €5,465
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,157 | €5,980 | €4,489 | €4,568 | €4,703 | ▲ 2.9% |
| Other operating charges640/8 | - | €1,942 | €1,261 | €9,450 | €1,305 | ▼ 86.2% |
| Gross operating margin9900 | €68,100 | €48,722 | €10,370 | €27,499 | €6,478 | ▼ 76.4% |
| Operating profit (loss)9901 | €62,610 | €40,800 | €4,619 | €13,480 | €470 | ▼ 96.5% |
| Financial income75/76B | - | €0 | - | €1,528 | €3,943 | ▲ 158% |
| Recurring financial income75 | €0 | €0 | - | €1,528 | €3,943 | ▲ 158% |
| Financial charges65/66B | - | €287 | €306 | €270 | €4,265 | ▲ 1,480% |
| Recurring financial charges65 | €657 | €287 | €306 | €270 | €4,265 | ▲ 1,480% |
| Profit (loss) for the period before taxes9903 | €61,954 | €40,513 | €4,313 | €14,738 | €148 | ▼ 99.0% |
| Income taxes67/77 | €13,627 | €9,901 | €2,155 | €5,465 | €1,408 | ▼ 74.2% |
| Profit (loss) for the period9904 | €48,327 | €30,612 | €2,158 | €9,273 | -€1,259 | ▼ 114% |
| Profit (loss) for the period to be appropriated9905 | €48,327 | €30,612 | €2,158 | €9,273 | -€1,259 | ▼ 114% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €118,234 | €113,185 | €133,399 | €136,638 | €175,734 | ▲ 28.6% |
| Fixed assets21/28 | €13,789 | €11,092 | €6,603 | €6,849 | €10,486 | ▲ 53.1% |
| Tangible fixed assets22/27 | €13,740 | €11,043 | €6,554 | €6,849 | €10,486 | ▲ 53.1% |
| Plant, machinery and equipment23 | - | €2,999 | €2,083 | €5,572 | €8,653 | ▲ 55.3% |
| Furniture and vehicles24 | - | €8,044 | €4,471 | €1,277 | €1,833 | ▲ 43.6% |
| Financial fixed assets28 | €49 | €49 | €49 | - | - | - |
| Current assets29/58 | €104,445 | €102,093 | €126,796 | €129,789 | €165,249 | ▲ 27.3% |
| Amounts receivable after more than one year29 | - | - | - | - | €87,175 | - |
| Other amounts receivable291 | - | - | - | - | €87,175 | - |
| Amounts receivable within one year40/41 | €87,869 | €88,431 | €123,780 | €129,211 | €73,942 | ▼ 42.8% |
| Trade receivables40 | - | €82,404 | €112,482 | €101,044 | €73,942 | ▼ 26.8% |
| Other amounts receivable41 | - | €6,027 | €11,297 | €28,167 | - | - |
| Cash at bank and in hand54/58 | €15,753 | €12,838 | €2,193 | €578 | €208 | ▼ 63.9% |
| Deferred charges and accrued income490/1 | - | €823 | €823 | - | €3,923 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €118,234 | €113,185 | €133,399 | €136,638 | €175,734 | ▲ 28.6% |
| Equity10/15 | €69,900 | €100,512 | €102,670 | €111,943 | €110,684 | ▼ 1.1% |
| Contributions10/11 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €57,500 | €88,112 | €90,270 | €99,543 | €99,543 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €86,252 | €88,410 | €97,683 | €97,683 | = |
| Profit (loss) carried forward14 | - | - | - | - | -€1,259 | - |
| Amounts payable17/49 | €48,335 | €12,673 | €30,729 | €24,695 | €65,051 | ▲ 163% |
| Amounts payable after more than one year17 | - | - | - | - | €3,938 | - |
| Financial debts170/4 | - | - | - | - | €3,938 | - |
| Amounts payable within one year42/48 | €48,335 | €12,673 | €30,729 | €24,695 | €61,113 | ▲ 147% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €7,497 | - |
| Financial debts43 | - | - | €4,052 | - | €2,645 | - |
| Credit institutions430/8 | - | - | €4,052 | - | €2,645 | - |
| Trade debts44 | €5,872 | €2,557 | €558 | €3,770 | €58 | ▼ 98.5% |
| Suppliers440/4 | - | €2,557 | €558 | €3,770 | €58 | ▼ 98.5% |
| Advances received on contracts in progress46 | - | - | - | - | €32,099 | - |
| Taxes, remuneration and social security45 | - | €10,117 | €26,119 | €20,925 | €18,815 | ▼ 10.1% |
| Taxes450/3 | - | €10,117 | €26,119 | €17,425 | €18,815 | ▲ 8.0% |
| Remuneration and social security454/9 | - | - | - | €3,500 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €48,327 | €30,612 | €2,158 | €9,273 | -€1,259 | ▼ 114% |
| + Depreciation and write-downs630 | €4,157 | €5,980 | €4,489 | €4,568 | €4,703 | ▲ 2.9% |
| Operating cash flow (approximation) | €52,484 | €36,591 | €6,648 | €13,841 | €3,443 | ▼ 75.1% |
| Investment in fixed assets (approximation) | - | -€3,283 | €0 | -€4,814 | -€8,339 | ▼ 73.2% |
| Change in cash | - | -€2,915 | -€10,645 | -€1,615 | -€369 | ▲ 77.1% |
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
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet -€1,259
Net result drops to -€1,259, the lowest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
19-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 203 days late
2023
17-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 474 days late
2021
31-12
Financial
Liquidity quadruplescurrent ratio 8.06
Current ratio from 2.16 to 8.06; short-term debt falls from €48,335 to €12,673.
31-12
Financial
Equity above €100,000Eq €100,512 ▲43.8%
3 profitable years in a row build equity to €100,512.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-12
Financial
Highest result since 2018net €48,327 ▲28,663%
Operating result €62,610, net result €48,327, both a record.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial
Back to profitnet €168
Net result €168 after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
Show earlier events
2018
21-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 82 days late
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 56 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial 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.
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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, Zemst · 1 establishment unit since 2008
Ground area
714 m²
Building footprint
139 m²
Volume, LiDAR
704 m³
Parcel 23092A0015/00B002, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TECH-CON
since 20082.250.134.140
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23092A0015/00B002 | Flanders | 714 m² | 1 · 139 m² | 8.7 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.
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Of 30,002 companies in sector 62200 we hold annual accounts for 18,394. 15,540 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 (pre-2019)
Founded18-04-2008
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
47400Retail sale of information and communication equipment
Scores and ratios are computed by Checked and are not a credit decision.