TECH POWER
ActiveSummary
The computed 12-month bankruptcy probability of TECH POWER is 3.6% (moderate). The 2025 annual accounts show equity of €154k and a net result of €29k. Equity is growing by ~53.3% per year across the filed fiscal years. Its solvency ranks better than 24% of 7500 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-22
Solvency42▼-8
Growth78=
Track record94
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.27 in 2024; short-term debt: 63.8% of total assets), and 82.6% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
17.4%
Return on assets
3.3%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 7500 sector peers (2025).
NBB · sector comparisonPosition among 7500 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 15-05-2026, 15 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 · 3 filingsDeviation from the deadline
2025
15 d late
2024
6 d late
2023
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, micro schema
In the rankings
#4 company by total assets in Koekelberg, Construction sector
Turnover
€252k
EBIT margin
8.0%
Net result
€29k▼ 71.9%
2024 · €104k
Working capital
€37k▼ 61.0%
2024 · €94k
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
Line202320242025
Turnover€252k-
Operating result€20k-€136k▲ 575%€51k▼ 62.9%
Net result€16k-€104k▲ 550%€29k▼ 71.9%
EBIT margin8.0%-
Equity€21k-€124k▲ 495%€154k▲ 23.4%
Total assets€82k-€494k▲ 499%€883k▲ 78.9%
Debt€61k-€369k▲ 501%€730k▲ 97.6%
Working capital€20k-€94k▲ 377%€37k▼ 61.0%
Staff (FTE)2.8
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 63% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €883k
Fixed assets
€283k ▲ 503%
Current assets
€600k ▲ 34.3%
Equity and liabilities €883k
Equity
€154k ▲ 23.4%
Debt
€730k ▲ 97.6%
Debt's share of the balance-sheet total rises from 74.8% to 82.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€89k▼
2024 · €153k
Cash flow
€68k▼
2024 · €120k
Current ratio
1.06▼
2024 · 1.27
Quick ratio
0.87▼
2024 · 0.92
Debt to equity
4.75▲
2024 · 2.97
ROE
19.0%▼
2024 · 83.2%
ROA
3.3%▼
2024 · 21.0%
Interest coverage
6.70▼
2024 · 40.35
Debt ≤ 1 year
€564k▲
2024 · €353k
Debt > 1 year
€164k▲
2024 · €191
Income taxes
€9k▼
2024 · €29k
Staff costs
€70k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Operating income70/76A | €252k | - | - | - |
| Turnover70 | €252k | - | - | - |
| Operating charges60/66A | €232k | - | - | - |
| Goods for resale, raw materials and consumables60 | €166k | - | - | - |
| Purchases600/8 | €166k | - | - | - |
| Services and other goods61 | €66k | - | - | - |
| Remuneration, social security and pensions62 | - | - | €70k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €211 | €17k | €39k | ▲ 133% |
| Other operating charges640/8 | - | €2k | €26k | ▲ 1,581% |
| Gross operating margin9900 | - | €154k | €185k | ▲ 19.6% |
| Operating profit (loss)9901 | €20k | €136k | €51k | ▼ 62.9% |
| Financial income75/76B | €10 | €51 | €873 | ▲ 1,599% |
| Recurring financial income75 | €10 | €51 | €873 | ▲ 1,599% |
| Other financial income752/9 | €10 | - | - | - |
| Financial charges65/66B | €50 | €4k | €13k | ▲ 252% |
| Recurring financial charges65 | €50 | €4k | €13k | ▲ 252% |
| Debt charges650 | €19 | - | - | - |
| Other financial charges652/9 | €31 | - | - | - |
| Profit (loss) for the period before taxes9903 | €20k | €132k | €38k | ▼ 71.2% |
| Income taxes67/77 | €4k | €29k | €9k | ▼ 69.0% |
| Taxes670/3 | €4k | - | - | - |
| Profit (loss) for the period9904 | €16k | €104k | €29k | ▼ 71.9% |
| Profit (loss) for the period to be appropriated9905 | €16k | €104k | €29k | ▼ 71.9% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €82k | €494k | €883k | ▲ 78.9% |
| Fixed assets21/28 | €1k | €47k | €283k | ▲ 503% |
| Tangible fixed assets22/27 | €1k | €47k | €265k | ▲ 465% |
| Land and buildings22 | - | - | €151k | - |
| Plant, machinery and equipment23 | €1k | €8k | €10k | ▲ 23.1% |
| Furniture and vehicles24 | - | €38k | €103k | ▲ 168% |
| Financial fixed assets28 | €0 | - | €18k | - |
| Affiliated companies280/1 | €0 | - | - | - |
| Companies linked by participating interests282/3 | €0 | - | - | - |
| Other financial fixed assets284/8 | €0 | - | - | - |
| Current assets29/58 | €81k | €447k | €600k | ▲ 34.3% |
| Amounts receivable after more than one year29 | €0 | - | - | - |
| Stocks and contracts in progress3 | €0 | €121k | €111k | ▼ 8.3% |
| Stocks30/36 | €0 | €121k | €111k | ▼ 8.3% |
| Amounts receivable within one year40/41 | €77k | €278k | €328k | ▲ 18.2% |
| Trade receivables40 | €68k | €191k | €263k | ▲ 38.1% |
| Other amounts receivable41 | €9k | €87k | €65k | ▼ 25.4% |
| Current investments50/53 | €0 | - | - | - |
| Cash at bank and in hand54/58 | €4k | €48k | - | - |
| Deferred charges and accrued income490/1 | - | €348 | €161k | ▲ 46,170% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €82k | €494k | €883k | ▲ 78.9% |
| Equity10/15 | €21k | €124k | €154k | ▲ 23.4% |
| Contributions10/11 | €5k | €5k | €5k | = |
| Capital10 | €5k | - | - | - |
| Issued capital100 | €5k | - | - | - |
| Profit (loss) carried forward14 | €16k | €119k | €149k | ▲ 24.4% |
| Amounts payable17/49 | €61k | €369k | €730k | ▲ 97.6% |
| Amounts payable after more than one year17 | - | €191 | €164k | ▲ 86,052% |
| Financial debts170/4 | - | €191 | €164k | ▲ 86,052% |
| Amounts payable within one year42/48 | €61k | €353k | €564k | ▲ 59.6% |
| Current portion of amounts payable after more than one year42 | - | €2k | €15k | ▲ 576% |
| Financial debts43 | - | - | €18k | - |
| Credit institutions430/8 | - | - | €18k | - |
| Trade debts44 | €37k | €291k | €460k | ▲ 58.3% |
| Suppliers440/4 | €37k | €291k | €460k | ▲ 58.3% |
| Advances received on contracts in progress46 | €5k | - | - | - |
| Taxes, remuneration and social security45 | €4k | €29k | €54k | ▲ 86.5% |
| Taxes450/3 | €4k | €29k | €35k | ▲ 21.9% |
| Remuneration and social security454/9 | - | - | €19k | - |
| Other amounts payable47/48 | €15k | €31k | €17k | ▼ 47.3% |
| Accrued charges and deferred income492/3 | - | €16k | €2k | ▼ 89.5% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €16k | €104k | €29k | ▼ 71.9% |
| + Depreciation and write-downs630 | €211 | €17k | €39k | ▲ 133% |
| Operating cash flow (approximation) | €16k | €120k | €68k | ▼ 43.5% |
| Investment in fixed assets (approximation) | - | €-62k | €-275k | ▼ 341% |
| Change in cash | - | €44k | - | - |
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
Next filing, fiscal year 2026, expected by
2026
15-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 15 days late
2025
30-09
Financial
Equity above €150kEq €154k ▲23.4%
3 profitable years in a row build equity to €154k.
06-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 6 days late
2024
30-09
Financial
Highest result since 2023net €104k ▲550%
Operating result €136k, net result €104k, both a record.
30-09
Financial
Equity above €100kEq €124k ▲495%
2 profitable years in a row build equity to €124k.
28-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Koekelberg · 1 establishment unit since 2022
Ground area
168 m²
Building footprint
145 m²
Volume, LiDAR
1,149 m³
Parcel 21492B0115/00H022, Brussels · tallest building 16.2 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
TECH POWER
since 20222.337.410.483
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21492B0115/00H022 | Brussels | 168 m² | 1 · 145 m² | 16.2 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 29,787 companies in sector 41001 we hold annual accounts for 16,039. 12,593 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
Founded28-10-2022
Fiscal year end30-09
Activities, NACEBEL 2025
41001General construction of residential buildings
41003General construction of other non-residential buildings
43110Demolition
43333Wallpapering and laying of floor and wall coverings in other materials
43410Roofing work
Scores and ratios are computed by Checked and are not a credit decision.