TECH CONSULTING
ActiveThe computed 12-month bankruptcy probability of TECH CONSULTING is 1.7% (moderate). The 2024 annual accounts show equity of €76k and a net result of €23k. Equity is growing by ~27.4% per year across the filed fiscal years. Its solvency ranks better than 50% of 395 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
69
/ 100
Healthy▲ +8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency56▲+20
Growth78=
Stability100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.61 against 0.44 in 2023), and 57.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 61
Relative position
BE, all sectors
reference
Sector 61
higher
← 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
42.6%
Return on assets
12.9%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-07-2025, 8 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
8 d early
2023
12 d late
2022
47 d early
2021
23 d late
2020
40 d early
2019
46 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€76k▲ 43.5%
2023 · €53k
2018: €15k
2019: €55k
2020: €37k
2021: €30k
2022: €39k
2023: €53k
2018 → 2024
Total assets
€178k▲ 0.9%
2023 · €176k
2018: €58k
2019: €99k
2020: €79k
2021: €193k
2022: €190k
2023: €176k
2018 → 2024
Net result
€23k▲ 69.4%
2023 · €14k
2018: €-16k
2019: €40k
2020: €22k
2021: €-7k
2022: €9k
2023: €14k
2018 → 2024
Working capital
€-28k▲ 28.6%
2023 · €-39k
2018: €5k
2019: €46k
2020: €26k
2021: €-53k
2022: €-60k
2023: €-39k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€37k-€30k▼ 17.8%€39k▲ 29.0%€53k▲ 34.6%€76k▲ 43.5%
Operating result€35k-€-4k€14k€20k▲ 45.9%€32k▲ 59.5%
Net result€22k-€-7k€9k€14k▲ 54.0%€23k▲ 69.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 60% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €178k
Fixed assets
€134k▼ 7.6%
Current assets
€44k▲ 40.5%
Equity and liabilities €178k
Equity
€76k▲ 43.5%
Debt
€102k▼ 17.3%
The debt ratio falls from 70.1% to 57.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€43k▲
2023 · €31k
Cash flow
€34k▲
2023 · €25k
Solvency
42.6%▲
2023 · 29.9%
Current ratio
0.61▲
2023 · 0.44
Quick ratio
0.61▲
2023 · 0.44
Debt / equity
1.35▼
2023 · 2.34
ROE
30.3%▲
2023 · 25.7%
ROA
12.9%▲
2023 · 7.7%
Interest coverage
60.40▲
2023 · 36.82
Debt
€102k▼
2023 · €124k
Debt ≤ 1 year
€72k▲
2023 · €71k
Debt > 1 year
€11k▼
2023 · €34k
Income taxes
€8k▲
2023 · €6k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€176k€178k▲
Fixed assets21/28€145k€134k▼
Tangible fixed assets22/27€145k€134k▼
Land and buildings22€143k€134k▼
Furniture and vehicles24€2k€213▼
Current assets29/58€31k€44k▲
Amounts receivable within one year40/41€10k€15k▲
Trade receivables40€10k€15k▲
Other amounts receivable41€24€24=
Cash at bank and in hand54/58€14k€25k▲
Deferred charges and accrued income490/1€7k€3k▼
Equity and liabilities
Total equity and liabilities10/49€176k€178k▲
Equity10/15€53k€76k▲
Contributions10/11€14k€14k=
Profit (loss) carried forward14€38k€61k▲
Amounts payable17/49€124k€102k▼
Amounts payable after more than one year17€34k€11k▼
Financial debts170/4€34k€11k▼
Amounts payable within one year42/48€71k€72k▲
Current portion of amounts payable after more than one year42€23k€23k▲
Trade debts44€9k€680▼
Suppliers440/4€9k€680▼
Taxes, remuneration and social security45€25k€26k▲
Taxes450/3€25k€26k▲
Other amounts payable47/48€14k€22k▲
Accrued charges and deferred income492/3€19k€19k=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▼
Other operating charges640/8€3k€3k▲
Non-recurring operating charges66A€1k€735▼
Gross operating margin9900€36k€47k▲
Operating profit (loss)9901€20k€32k▲
Financial charges65/66B€851€710▼
Recurring financial charges65€851€710▼
Profit (loss) for the period before taxes9903€19k€31k▲
Income taxes67/77€6k€8k▲
Profit (loss) for the period9904€14k€23k▲
Profit (loss) for the period to be appropriated9905€14k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€38k€61k▲
Profit (loss) brought forward from the previous period14P€25k€38k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 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, Bastogne · 1 establishment unit since 2015
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.
Rachamps 1B6600 BastogneGround area
3,757 m²
Building footprint
260 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rachamps 1, 6600 Bastogne
since 20152.246.710.832
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82024C1037/00F000 | Wallonia | 3,097 m² | 1 · 260 m² | - |
| 82024B0731/00P000 | Wallonia | 660 m² | - | - |
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.
Similar companies · same sector, comparable size
NAVYA
BE 0878.236.713
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S & A
BE 0877.051.630
Oostende · Eq €75k
ALTERJOB
BE 0899.673.812
Oudergem · Eq €76k
LAURENT GIQUELLO
BE 0734.463.709
Sint-Lambrechts-Woluwe · Eq €75k
J.S.
BE 0866.737.362
Liège · Eq €76k
Of 2,155 companies in sector 61200 we hold annual accounts for 690. 457 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-08-2015
Fiscal year end31-12
Activities, NACEBEL
61200Telecommunications resale and intermediation services
61900Telecommunications
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.techconsulting.be
E-mail:vincent.nicolay@techconsulting.be