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Tech'NC Explore

Open bankruptcy
Private limited company (pre-2019)founded 2015Rue Louis de Geer 6, 1348 Ottignies-Louvain-la-Neuve, Belgium25 active companies are registered at this addressKBO/BCE: BE 0631.705.768

A bankruptcy procedure is open for Tech'NC Explore according to publications in the Belgian Official Gazette; trustee: Jean Noel Basteniere.

Summary

The 2023 annual accounts show negative equity (-€168,178) and a net result of -€30,931.

Tech'NC ExploreOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

The procedure

Court
Enterprise Court of Walloon Brabant
Declared bankrupt
3 April 2025
Supervising judge
Philippe De Bellefroid
Official Gazette
09-04-2025 (pdf) ↗search the document for 2025/114994

Deadlines

Appeal or third-party opposition until
passed on 24 April 2025Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 3 May 2025art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 15 May 2025Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
passed on 3 April 2026A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustee

What to do now

  1. The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
  2. Ask the trustee whether anything will still be paid out and whether your claim was admitted.
  3. Follow the file in RegSol: the trustee's reports appear there.
  4. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.

The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.

View the file in RegSol ↗ Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Retail sale of motor vehicle parts and accessories
NACE 47820Engineering and related technical consultancy, excluding land surveyors NACE 71121
1 site
Size
€102,798total assets 2023
Staff
≈ 0 FTE, estimated
Equity
-€168,178
Loss
-€30,931
Turnover not published (micro format)
Financial health
Open bankruptcy: no score
Structure
1 of 2 deeds summarised
Signalsraises riskOpen bankruptcyneutralLatest accounts filed on timeShow the evidence

Signals

Two signals.
raises riskneutral
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.
Belgian Official Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 26-06-2024, 35 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2023
35 days early
2022
20 days early
2021
2 days early
2020
5 days early
2019
60 days late
2018
23 days late
2017
29 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 7 days after the deadline; the sector median (NACE 47) for financial year 2023 is on the deadline day, and 48% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. OpeningEnterprise Court of Walloon Brabant…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Resignation: ARNOULD Léon-Bruno (director)Director discharge

Financials · financial year 2023, micro format

Equity
-€168,178▼ 22.5%
2022 · -€137,246
Total assets
€102,798▼ 21.5%
2022 · €130,949
Net result
-€30,931▲ 43.8%
2022 · -€55,082
Working capital
-€68,139▼ 7.3%
2022 · -€63,517
Trend over the years

2019 to 2023, 5 financial years 2018 to 2023, 6 financial years

The operating result stays negative: a loss of €29,915 in 2023 against €35,533 in 2022; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€29,915 2023 Net result-€30,931 2023

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line201820192020202120222023
Operating result€882--€12,227-€19,465▼ 59.2%-€33,312▼ 71.1%-€35,533▼ 6.7%-€29,915▲ 15.8%
Net result€725--€12,628-€19,549below the sector's middle half▼ 54.8%-€34,186below the sector's middle half▼ 74.9%-€55,082below the sector's middle half▼ 61.1%-€30,931below the sector's middle half▲ 43.8%
Equity-€15,802--€28,430▼ 79.9%-€47,979below the sector's middle half▼ 68.8%-€82,164below the sector's middle half▼ 71.3%-€137,246below the sector's middle half▼ 67.0%-€168,178below the sector's middle half▼ 22.5%
Total assets€57,165-€172,311▲ 201%€192,803within the sector's middle half▲ 11.9%€174,166within the sector's middle half▼ 9.7%€130,949within the sector's middle half▼ 24.8%€102,798within the sector's middle half▼ 21.5%
Debt€72,967-€200,741▲ 175%€240,782▲ 19.9%€256,330▲ 6.5%€268,195▲ 4.6%€270,975▲ 1.0%
Working capital-€24,852--€24,792▲ 0.2%-€33,780below the sector's middle half▼ 36.3%-€45,942below the sector's middle half▼ 36.0%-€63,517below the sector's middle half▼ 38.3%-€68,139below the sector's middle half▼ 7.3%
Solvency-27.6%--16.5%▲ 11.1pp-24.9%below the sector's middle half▼ 8.4pp-47.2%below the sector's middle half▼ 22.3pp-104.8%below the sector's middle half▼ 57.6pp-163.6%below the sector's middle half▼ 58.8pp
Current ratio0.66-0.44▼ 0.220.29below the sector's middle half▼ 0.150.27below the sector's middle half▼ 0.020.15below the sector's middle half▼ 0.120.12below the sector's middle half▼ 0.03
Return on assets (ROA)1.3%--7.3%▼ 8.6pp-10.1%below the sector's middle half▼ 2.8pp-19.6%below the sector's middle half▼ 9.5pp-42.1%below the sector's middle half▼ 22.4pp-30.1%below the sector's middle half▲ 12.0pp
Staff (FTE)1within the sector's middle half1=0.5▼ 50.0%
above within below the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €102,798
Fixed assets €93,294 ▼ 22.0%
Current assets €9,504 ▼ 16.2%
Equity and liabilities
Equity-€168,178
Debt€270,975
Equity is negative: debt (€270,975) exceeds the balance-sheet total (€102,798).
Key figures and ratios
2023 value · change against 2022
EBITDA
-€12,011▲
2022 · -€16,524
Cash flow
-€13,027▲
2022 · -€36,073
Interest coverage
-11.71▲
2022 · -14.57
Debt ≤ 1 year
€77,642▲
2022 · €74,862
Debt > 1 year
€193,333=
2022 · €193,333
Staff costs
€294▼
2022 · €17,073
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 40 lines
Balance sheet Code20222023
Assets
Total assets20/58€130,949€102,798▼
Fixed assets21/28€119,604€93,294▼
Intangible fixed assets21€111,048€93,144▼
Tangible fixed assets22/27€8,406-
Plant, machinery and equipment23€8,406-
Financial fixed assets28€150€150=
Current assets29/58€11,345€9,504▼
Amounts receivable within one year40/41€11,345€9,504▼
Trade receivables40€11,149€8,409▼
Other amounts receivable41€196€1,095▲
Equity and liabilities
Total equity and liabilities10/49€130,949€102,798▼
Equity10/15-€137,246-€168,178▼
Contributions10/11€6,200€6,200=
Profit (loss) carried forward14-€143,446-€174,378▼
Amounts payable17/49€268,195€270,975▲
Amounts payable after more than one year17€193,333€193,333=
Financial debts170/4€193,333€193,333=
Amounts payable within one year42/48€74,862€77,642▲
Financial debts43€9,720€9,302▼
Credit institutions430/8€9,720€9,302▼
Trade debts44€28,697€33,735▲
Suppliers440/4€28,697€33,735▲
Taxes, remuneration and social security45€40-
Taxes450/3€40-
Other amounts payable47/48€36,406€34,606▼
Income statement Code20222023
Remuneration, social security and pensions62€17,073€294▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19,009€17,904▼
Other operating charges640/8€1,710€454▼
Gross operating margin9900€2,259-€11,263▼
Operating profit (loss)9901-€35,533-€29,915▲
Financial income75/76B€83€10▼
Recurring financial income75€83€10▼
Financial charges65/66B€19,632€1,026▼
Recurring financial charges65€1,134€1,026▼
Non-recurring financial charges66B€18,498-
Profit (loss) for the period before taxes9903-€55,082-€30,931▲
Profit (loss) for the period9904-€55,082-€30,931▲
Profit (loss) for the period to be appropriated9905-€55,082-€30,931▲
Appropriation of the result
Profit (loss) to be appropriated9906-€143,446-€174,378▼
Profit (loss) brought forward from the previous period14P-€88,364-€143,446▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201820192020202120222023Change
Remuneration, social security and pensions62---€11,358€17,073€294▼ 98.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,150€17,294€21,352€22,023€19,009€17,904▼ 5.8%
Other operating charges640/8---€491€1,710€454▼ 73.4%
Gross operating margin9900€6,000€5,511€19,004€560€2,259-€11,263-
Operating profit (loss)9901€882-€12,227-€19,465-€33,312-€35,533-€29,915▲ 15.8%
Financial income75/76B---€0€83€10▼ 88.0%
Recurring financial income75€0-€140€0€83€10▼ 88.0%
Financial charges65/66B---€874€19,632€1,026▼ 94.8%
Recurring financial charges65€157€401€223€874€1,134€1,026▼ 9.5%
Non-recurring financial charges66B----€18,498--
Profit (loss) for the period before taxes9903€725-€12,628-€19,549-€34,186-€55,082-€30,931▲ 43.8%
Profit (loss) for the period9904€725-€12,628-€19,549-€34,186-€55,082-€30,931▲ 43.8%
Profit (loss) for the period to be appropriated9905€725-€12,628-€19,549-€34,186-€55,082-€30,931▲ 43.8%
Line201820192020202120222023Change
Assets
Total assets20/58€57,165€172,311€192,803€174,166€130,949€102,798▼ 21.5%
Fixed assets21/28€9,050€153,196€179,134€157,111€119,604€93,294▼ 22.0%
Intangible fixed assets21-€128,520€146,856€128,952€111,048€93,144▼ 16.1%
Tangible fixed assets22/27€8,900€24,526€32,128€28,009€8,406--
Plant, machinery and equipment23---€28,009€8,406--
Financial fixed assets28€150€150€150€150€150€150=
Current assets29/58€48,115€19,115€13,669€17,055€11,345€9,504▼ 16.2%
Stocks and contracts in progress3€42,300------
Amounts receivable within one year40/41€5,412€8,550€13,437€15,972€11,345€9,504▼ 16.2%
Trade receivables40---€11,130€11,149€8,409▼ 24.6%
Other amounts receivable41---€4,842€196€1,095▲ 458%
Cash at bank and in hand54/58€403€10,565-----
Deferred charges and accrued income490/1---€1,083---
Equity and liabilities
Total equity and liabilities10/49€57,165€172,311€192,803€174,166€130,949€102,798▼ 21.5%
Equity10/15-€15,802-€28,430-€47,979-€82,164-€137,246-€168,178▼ 22.5%
Contributions10/11€6,200€6,200-€6,200€6,200€6,200=
Profit (loss) carried forward14-€22,002-€34,630-€54,179-€88,364-€143,446-€174,378▼ 21.6%
Amounts payable17/49€72,967€200,741€240,782€256,330€268,195€270,975▲ 1.0%
Amounts payable after more than one year17-€156,834€193,333€193,333€193,333€193,333=
Financial debts170/4---€193,333€193,333€193,333=
Amounts payable within one year42/48€72,967€43,907€47,449€62,997€74,862€77,642▲ 3.7%
Financial debts43---€9,609€9,720€9,302▼ 4.3%
Credit institutions430/8---€9,609€9,720€9,302▼ 4.3%
Trade debts44€6,578€13,682€11,692€17,952€28,697€33,735▲ 17.6%
Suppliers440/4---€17,952€28,697€33,735▲ 17.6%
Taxes, remuneration and social security45---€1,781€40--
Taxes450/3---€19€40--
Remuneration and social security454/9---€1,762---
Other amounts payable47/48---€33,656€36,406€34,606▼ 4.9%
Line201820192020202120222023Change
Profit (loss) for the period9904€725-€12,628-€19,549-€34,186-€55,082-€30,931▲ 43.8%
+ Depreciation and write-downs630€1,150€17,294€21,352€22,023€19,009€17,904▼ 5.8%
Operating cash flow (approximation)€1,875€4,666€1,803-€12,163-€36,073-€13,027▲ 63.9%
Investment in fixed assets (approximation)--€161,440-€47,290€0€18,498€8,406▼ 54.6%
Change in cash-€10,162-----

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (9)
Financial year Type Filed Reference
31-12-2023 micro format 26-06-2024 2024-00162934
31-12-2022 micro format 11-07-2023 2023-00222598
31-12-2021 micro format 29-07-2022 2022-20245508
31-12-2020 micro format 26-07-2021 2021-39200253
31-12-2019 micro format 29-09-2020 2020-56200130
31-12-2018 micro format 23-08-2019 2019-49000281
31-12-2017 micro format 29-08-2018 2018-51600484
31-12-2016 micro format 29-08-2017 2017-49100568
31-12-2015 full format 22-06-2016 2016-19900062

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 2,400 active companies whose main activity is retail sale of motor vehicle parts and accessories (NACE 47820), figures are known for 799. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
no sitting director read yet, last change in 2023
No directors read yet: 1 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Mandate history

1 person since 2023, 0 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
ARNOULD Léon-Bruno
  • Director, until 26-10-2023
See the board, name and registered office on a given date →

Insolvency mandates

1 mandate
Role Name Tenure
Trustee Jean Noel Basteniere
Chaussee De Louvain 241, 1410 Waterloo
03-04-2025 → present

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

Tech'NC Explore was incorporated on 2 June 2015.1 Total assets rose from €57,165 in 2018 to €102,798 in 2023 and headcount from 1 full-time equivalents in 2020 to 0.5 in 2022.2 On 3 April 2025 the company was declared bankrupt.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2018, 2020, 2022 and 2023
  3. 3Belgian Official Gazette, 09-04-2025

Acts, filings and financial milestones

2025
09-04
Bankruptcy Opening
Enterprise Court of Walloon Brabant · judgment of 03-04-2025
2024
26-06
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
26-10
Gazette deed Resignation: ARNOULD Léon-Bruno (director)
Director discharge3 facts ▸
  • General meeting, 15-09-2023
  • Director resignation, ARNOULD Léon-Bruno (director)
  • Director discharge, ARNOULD Léon-Bruno
11-07
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
31-12
Financial Weakest financial yearnet -€55,082
Net result drops to -€55,082, the lowest in the series.
29-07
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
26-07
NBB filing Annual accounts filed
financial year 2020 · micro format
2020
29-09
NBB filing Annual accounts filed
financial year 2019 · micro format · 60 days late
2019
23-08
NBB filing Annual accounts filed
financial year 2018 · micro format · 23 days late
2018
29-08
NBB filing Annual accounts filed
financial year 2017 · micro format · 29 days late
2017
29-08
NBB filing Annual accounts filed
financial year 2016 · micro format · 29 days late
2016
22-06
NBB filing Annual accounts filed
financial year 2015 · full format
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not 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.

Opening faillissement

Tech'NC Explore is in the KBO register with the legal situation: opening faillissement.

Legal situation
Opening faillissement
Last annual accounts
financial year to 31 December 2023
Legal form
Private limited company (pre-2019)
Active since
2 June 2015
Official KBO record

Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded02-06-2015
Financial year end31-12
Activities, NACEBEL 2025
47820Retail sale of motor vehicle parts and accessories
71121Engineering and related technical consultancy, excluding land surveyors
71209Other technical testing and analysis
72109Other research and development on natural sciences
74999Other professional, scientific and technical activities
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

Register as of 30 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2015
registered office establishment The establishment unit on the map
Ground area
2,569 m²
Building footprint
696 m²
Building volume
7,332 m³
Parcel 25386B0148/00M000, Wallonia · tallest building 11.6 m. Linked by address, not a title deed.
25 companies at this address See who is registered here
1 establishment unit
Tech'NC Explore
Rue Louis de Geer 6, 1348 Ottignies-Louvain-la-NeuveRetail sale of motor vehicle parts and accessories
since 2015unit no. 2.244.645.326
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
25386B0148/00M000 Wallonia 2,569 m² 1 · 696 m² 11.6 m · 4
How the parcels are linked
Good to know
The parcel matches the address exactly.