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TECH EUROPE

Active
Private limited companyfounded 1986active for 40 yearsKoeybleuken 16, 2300 Turnhout, BelgiumKBO/BCE: BE 0428.545.604
Summary

TECH EUROPE has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.5m and a net result of €332,022. Equity is growing by about 31% per year across the filed financial years. Its solvency ranks better than 46% of 6,142 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
TECH EUROPEActiveChecked score 94/100
Risk analysis ReportCompare

Overview

Activity
Wholesale of motor vehicle parts and accessories
NACE 46720Wholesale of other machinery and equipment NACE 46649
1 site
Size
€14.4mturnover 2025
Staff
18.3 FTE
Equity
€2.5m
Profit
€332,022
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
Technical Rubber Company · 100%
Holdings
1
Auditor: EY Bedrijfsrevisoren2025 accounts filed 18 days late1 of 9 deeds summarised
Why 94raises riskLast filed accounts filed 18 days late; 1 of the last 3 latelowers riskFounded in 1986Size: turnover €14.4m, 18.3 FTE, total assets €6.1mLiquidity: current ratio 1.86, cash €1.2mShow the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 55% of its sector peers (NACE 46, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 67+7
equity 41.8% of total assets
Liquidity 50-8
short-term debt 48.9% · cash 19.2%
Profitability 63-8
return on assets 5.5%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,375 companies, NACE 46, small)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.2%▲ +0.1 percentage points vs 08-2025 10-2025: 0.3%▲ +0.1 percentage points vs 09-2025highest value 11-2025: 0.1%▼ -0.2 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%▼ -0.1 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €230,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.86, compared with 1.65 in 2024, above the usual 1.5; short-term debt: 48.9% and cash: 19.2% of total assets), but 58.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, small): better than 49% on solvency, 61% on liquidity, 50% on profitability and 59% on growth.

The bankruptcy probability was computed on 27-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
lowers risk · Founded in 1986
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: turnover €14.4m, 18.3 FTE, total assets €6.1m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.86, cash €1.2m
NBB · annual accounts
raises risk · Last filed accounts filed 18 days late; 1 of the last 3 late
NBB · filings
raises risk · 2025 accounts filed 18 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 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 filings
Deviation from the deadline
2025
18 days late
2024
88 days late
2023
6 days early
2022
5 days early
2021
11 days early
2020
125 days late
2019
73 days 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 40 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Highest result from 2018 to 2025net €660,133 ▲102%

Key points

  • Caution: Result fell in 2025from €660,133 to €332,022 ▼ 49.7% View
  • Positive: 6 profitable years in a rowprofit 2025: €332,022 6 years View
  • Known shareholderslargest: Technical Rubber Company 100% 100% View

By topic

Financials

Financial year
2025
Turnover
€14.4m
Profit
€332,022
Solvency
41.8%
Turnover▼ 1.4%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
Largest shareholder
Technical Rubber Company · 100%
Known shareholders
100%
Auditor
EY Bedrijfsrevisoren
  • LAYNE DanielDirector
  • LAYNE NicoleDirector
  • POULTON CherylDirector
Go to Board & ownership

Timeline

Events
47
Since
1988
Next accounts
by 31-07-2027
  1. 31-12-2024Equity above €2m
  2. 25-07-2024Annual accounts filed
  3. 31-05-2024Resignations: LAYNE Nicole, LAYNE Daniel and POULTON…
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale of motor vehicle parts and accessoriesNACE 46720
Founded
05-03-1986
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
15
Annual meeting
First Monday of March at 14:00
Purpose
“De import, de export, de fabricage, de ontwikkeling, de groothandel, de kleinhandel in…” (deed in Dutch)
Go to Articles of association

Key facts about TECH EUROPE

What is the company number of TECH EUROPE?
0428.545.604. In Belgium the VAT number is the company number with BE in front: BE 0428.545.604.
Where is TECH EUROPE based?
The registered office is at Koeybleuken 16, 2300 Turnhout.Company details
What does TECH EUROPE do?
According to the KBO register, the main activity is wholesale of motor vehicle parts and accessories (NACE 46720).
What is the legal form of TECH EUROPE?
Private limited company (BV).
When was TECH EUROPE founded?
On 05-03-1986.
Is TECH EUROPE still active?
Yes, TECH EUROPE is an active enterprise in the KBO register.
How many employees does TECH EUROPE have?
On average 18.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of TECH EUROPE?
€14.4m in financial year 2025, according to the filed annual accounts.
Is TECH EUROPE profitable?
In financial year 2025, TECH EUROPE made a profit of €332,022.
Where can I find the annual accounts of TECH EUROPE?
TECH EUROPE filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TECH EUROPE due?
By 31-07-2027, for financial year 2026.Timeline

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How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check 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 What support did similar companies receive that this one did not?Subsidies

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