TECH-D
ActiveSummary
TECH-D has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €165,591 and a net result of €13,807. Equity has been growing by about 4.8% per year since 2019. Its solvency ranks better than 51% of 34,972 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 20-12-2005 Normal situation
- Activity
- General electrical installation work NACE 43211and 2 others
- Establishment units
- 2.151.981.028 3010 Leuven, since 01-03-2006
- 2.292.895.896 1367 Ramillies, since 01-09-2019
- Financial year end
- 30 June
- Peppol
- Reachable since 21-02-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- €64,632
- ▲ 107%
- Turnover
- ≈ €250,000
- estimated
- Profit
- €13,807
- Equity
- €165,591
- ▲ 9.1%
- Total assets
- €345,335
- ▼ 8.0%
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Liquidity: current ratio 0.37, cash €20,578lowers riskFounded in 2005Equity €165,591 (48.0% of total assets)Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 52% of them on solvency, 21% on liquidity, 46% on profitability and 54% on growth.
The bankruptcy probability was computed on 04-11-2026 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 30-06-2025.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 29 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 10-10-2025 PDF all 19 filings
Every figure per financial year
The operating result for 2025 is a profit of €21,899, after a loss of €6,293 in 2024. It is the highest result since 2022.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Securities and guarantees
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Mortgages, amount registered | €78,949 | €78,949 | €78,949 | €78,949 |
| Carrying value of the mortgaged assets | €232,555 | €222,896 | €227,654 | €229,148 |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €50,787 | - | €21,065 | €14,762 |
| Depreciation and write-downs of the year | €25,003 | €33,491 | €34,851 | €35,973 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,096 | €13,300 | €19,284 | €25,003 | €33,491 | €34,851 | €35,973 | ▲ 3.2% |
| Other operating charges640/8 | - | - | - | €1,826 | €2,076 | €2,649 | €6,761 | ▲ 155% |
| Gross operating margin9900 | €69,787 | €17,368 | €58,450 | €92,243 | €36,403 | €31,207 | €64,632 | ▲ 107% |
| Operating profit (loss)9901 | €57,117 | €2,370 | €34,013 | €65,414 | €836 | -€6,293 | €21,899 | - |
| Financial income75/76B | - | - | - | €909 | €714 | €702 | €32 | ▼ 95.4% |
| Recurring financial income75 | - | €53 | €799 | €909 | €714 | €702 | €32 | ▼ 95.4% |
| Financial charges65/66B | - | - | - | €1,435 | €1,020 | €1,082 | €3,472 | ▲ 221% |
| Recurring financial charges65 | €2,775 | €2,494 | €1,729 | €1,435 | €1,020 | €1,082 | €3,472 | ▲ 221% |
| Profit (loss) for the period before taxes9903 | €54,342 | -€72 | €33,083 | €64,888 | €530 | -€6,673 | €18,459 | - |
| Income taxes67/77 | €20,904 | €118 | €8,677 | €22,005 | €334 | €157 | €4,652 | ▲ 30× |
| Profit (loss) for the period9904 | €33,438 | -€190 | €24,405 | €42,883 | €196 | -€6,829 | €13,807 | - |
| Profit (loss) for the period to be appropriated9905 | €33,438 | -€190 | €24,405 | €42,883 | €196 | -€6,829 | €13,807 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €316,683 | €364,986 | €389,926 | €458,145 | €390,809 | €375,289 | €345,335 | ▼ 8.0% |
| Fixed assets21/28 | €262,968 | €319,217 | €332,651 | €351,550 | €318,059 | €304,273 | €283,062 | ▼ 7.0% |
| Intangible fixed assets21 | - | €49,167 | €44,167 | €39,167 | €34,167 | €29,167 | €24,167 | ▼ 17.1% |
| Tangible fixed assets22/27 | €262,968 | €270,050 | €288,484 | €312,383 | €283,892 | €275,106 | €258,896 | ▼ 5.9% |
| Land and buildings22 | - | - | - | €232,555 | €222,896 | €227,654 | €229,148 | ▲ 0.7% |
| Plant, machinery and equipment23 | - | - | - | €967 | €685 | €1,927 | €2,912 | ▲ 51.1% |
| Furniture and vehicles24 | - | - | - | €691 | €83 | €3,242 | €26,836 | ▲ 728% |
| Leasing and similar rights25 | - | - | - | €78,170 | €60,227 | €42,284 | €0 | ▼ 100% |
| Current assets29/58 | €53,715 | €45,769 | €57,275 | €106,596 | €72,750 | €71,016 | €62,273 | ▼ 12.3% |
| Stocks and contracts in progress3 | - | €6,412 | €7,229 | €19,600 | €22,939 | €19,921 | €20,787 | ▲ 4.3% |
| Stocks30/36 | - | - | - | €19,600 | €22,939 | €19,921 | €20,787 | ▲ 4.3% |
| Amounts receivable within one year40/41 | €6,871 | €4,230 | €9,501 | €20,083 | €5,602 | €20,778 | €17,632 | ▼ 15.1% |
| Trade receivables40 | - | - | - | €14,023 | €5,528 | €12,932 | €17,259 | ▲ 33.5% |
| Other amounts receivable41 | - | - | - | €6,060 | €74 | €7,846 | €374 | ▼ 95.2% |
| Cash at bank and in hand54/58 | €38,898 | €25,442 | €28,913 | €55,028 | €30,349 | €9,783 | €20,578 | ▲ 110% |
| Deferred charges and accrued income490/1 | - | - | - | €11,884 | €13,860 | €20,534 | €3,275 | ▼ 84.0% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €316,683 | €364,986 | €389,926 | €458,145 | €390,809 | €375,289 | €345,335 | ▼ 8.0% |
| Equity10/15 | €124,757 | €124,567 | €148,973 | €191,856 | €192,051 | €151,784 | €165,591 | ▲ 9.1% |
| Contributions10/11 | €18,600 | - | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €35,298 | €33,438 | €59,704 | €102,587 | €102,587 | €69,149 | €82,749 | ▲ 19.7% |
| Distributable reserves133 | - | - | - | €102,587 | €102,587 | €69,149 | €82,749 | ▲ 19.7% |
| Profit (loss) carried forward14 | €70,858 | €70,669 | €70,669 | €70,669 | €70,864 | €64,035 | €64,242 | ▲ 0.3% |
| Amounts payable17/49 | €191,926 | €240,419 | €240,954 | €266,290 | €198,758 | €223,505 | €179,745 | ▼ 19.6% |
| Amounts payable after more than one year17 | €26,101 | €10,228 | €29,579 | €60,300 | €42,447 | €24,360 | €9,801 | ▼ 59.8% |
| Financial debts170/4 | - | - | - | €60,300 | €42,447 | €24,360 | €9,801 | ▼ 59.8% |
| Amounts payable within one year42/48 | €165,825 | €230,190 | €211,375 | €205,990 | €156,311 | €199,145 | €169,944 | ▼ 14.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €18,430 | €17,853 | €18,087 | €14,559 | ▼ 19.5% |
| Financial debts43 | - | - | - | - | - | €32 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | - | - | €32 | €0 | ▼ 100% |
| Trade debts44 | €1,710 | €69,336 | €80,541 | €1,151 | €2,336 | €3,572 | €0 | ▼ 100% |
| Suppliers440/4 | - | - | - | €1,151 | €2,336 | €3,572 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | - | €23,072 | €1,104 | €1,191 | €5,123 | ▲ 330% |
| Taxes450/3 | - | - | - | €23,072 | €1,104 | €1,191 | €5,123 | ▲ 330% |
| Other amounts payable47/48 | - | - | - | €163,337 | €135,018 | €176,263 | €150,261 | ▼ 14.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33,438 | -€190 | €24,405 | €42,883 | €196 | -€6,829 | €13,807 | - |
| + Depreciation and write-downs630 | €11,096 | €13,300 | €19,284 | €25,003 | €33,491 | €34,851 | €35,973 | ▲ 3.2% |
| Operating cash flow (approximation) | €44,534 | €13,110 | €43,689 | €67,887 | €33,687 | €28,022 | €49,780 | ▲ 77.6% |
| Investment in fixed assets (approximation) | - | -€69,550 | -€32,718 | -€43,902 | €0 | -€21,065 | -€14,762 | ▲ 29.9% |
| Change in cash | - | -€13,456 | €3,471 | €26,115 | -€24,680 | -€20,566 | €10,795 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,041 companies had the same profile as TECH-D has now. Two years later, 94.4% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TECH-D itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,446 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 17,041 companies, not a prediction for TECH-D. 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.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 10-10-2025 | 2025-00541224 | |
| 30-06-2024 | micro format | 25-09-2024 | 2024-00473379 | |
| 30-06-2023 | micro format | 13-02-2024 | 2024-00029604 | |
| 30-06-2022 | micro format | 27-01-2023 | 2023-00006132 | |
| 30-06-2021 | micro format | 15-02-2022 | 2022-05700275 | |
| 30-06-2020 | micro format | 01-02-2021 | 2021-04100235 | |
| 30-06-2019 | micro format | 13-02-2020 | 2020-05100226 | |
| 30-06-2018 | micro format | 11-02-2019 | 2019-04900310 | |
| 30-06-2017 | micro format | 22-01-2018 | 2018-01900546 | |
| 30-06-2016 | abbreviated format | 23-01-2017 | 2017-01900528 |
Board & ownership
Directors
Owners and capital
Owners
Network & group
TECH-D shares no director with another company.
Companies at the same address
2 other companiesConnections & network
1 current directorThe network starts from the directors of TECH-D. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
26-05
Gazette deed
Registered office moved within LeuvenNew seat: Diestsesteenweg 300, 3010 Leuven · Previous seat: Guldensporenlaan 53, 3010 Leuven2 points ▸
- General meeting, 08-05-2023
- Registered-office move, Diestsesteenweg 300, 3010 Leuven
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0878.245.126
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Licences in the Official Gazette
1 publicationSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25002A0248/00Z002 | Wallonia | 2,035 m² | 1 · 142 m² | 9.9 m · 2 |
| 24483E0085/00X005 | Flanders | 1,518 m² | 1 · 457 m² | 15.6 m · 1 |