TECH SERVICE
ActiveTECH SERVICE has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €146k and a net result of €16k. Equity is growing by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 87% of 36376 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
93
/ 100
Excellent▼ -7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability55▼-45
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 4.88 against 3.44 in 2023), and 18.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 06-07-2025, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
25 d early
2023
33 d early
2022
17 d early
2021
23 d early
2020
8 d early
2019
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€146k▲ 12.4%
2023 · €130k
2018: €81k
2019: €89k
2020: €95k
2021: €88k
2022: €96k
2023: €130k
2018 → 2024
Total assets
€179k▲ 0.4%
2023 · €178k
2018: €152k
2019: €147k
2020: €138k
2021: €138k
2022: €147k
2023: €178k
2018 → 2024
Net result
€16k▼ 52.9%
2023 · €34k
2018: €218
2019: €8k
2020: €5k
2021: €-6k
2022: €7k
2023: €34k
2018 → 2024
Working capital
€124k▲ 9.6%
2023 · €113k
2018: €64k
2019: €86k
2020: €84k
2021: €76k
2022: €80k
2023: €113k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€95k-€88k▼ 6.5%€96k▲ 8.3%€130k▲ 35.7%€146k▲ 12.4%
Operating result€6k-€-6k€10k€45k▲ 340%€21k▼ 53.8%
Net result€5k-€-6k€7k€34k▲ 367%€16k▼ 52.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 54% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €179k
Fixed assets
€23k▲ 22.1%
Current assets
€156k▼ 2.2%
Equity and liabilities €179k
Equity
€146k▲ 12.4%
Debt
€33k▼ 31.9%
The debt ratio falls from 27.2% to 18.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€23k▼
2023 · €46k
Cash flow
€18k▼
2023 · €35k
Solvency
81.6%▲
2023 · 72.8%
Current ratio
4.88▲
2023 · 3.44
Quick ratio
4.88▲
2023 · 3.44
Debt / equity
0.23▼
2023 · 0.37
ROE
11.0%▼
2023 · 26.3%
ROA
9.0%▼
2023 · 19.2%
Interest coverage
11.81▼
2023 · 34.33
Debt
€33k▼
2023 · €48k
Debt ≤ 1 year
€32k▼
2023 · €46k
Income taxes
€5k▼
2023 · €11k
Staff costs
€1k
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€178k€179k▲
Fixed assets21/28€19k€23k▲
Tangible fixed assets22/27€16k€20k▲
Land and buildings22€11k€14k▲
Plant, machinery and equipment23€0-
Furniture and vehicles24€4k€6k▲
Financial fixed assets28€3k€3k=
Current assets29/58€159k€156k▼
Amounts receivable after more than one year29€105k€105k=
Other amounts receivable291€105k€105k=
Amounts receivable within one year40/41€39k€42k▲
Trade receivables40€18k€16k▼
Other amounts receivable41€21k€26k▲
Cash at bank and in hand54/58€15k€8k▼
Deferred charges and accrued income490/1€919€533▼
Equity and liabilities
Total equity and liabilities10/49€178k€179k▲
Equity10/15€130k€146k▲
Contributions10/11€6k€6k=
Reserves13€124k€140k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€122k€138k▲
Amounts payable17/49€48k€33k▼
Amounts payable within one year42/48€46k€32k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€31k€27k▼
Suppliers440/4€31k€27k▼
Taxes, remuneration and social security45€15k€5k▼
Taxes450/3€13k€663▼
Remuneration and social security454/9€2k€4k▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20232024
Remuneration, social security and pensions62-€1k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€48k€25k▼
Operating profit (loss)9901€45k€21k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Non-recurring financial income76B€0-
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€45k€21k▼
Income taxes67/77€11k€5k▼
Profit (loss) for the period9904€34k€16k▼
Profit (loss) for the period to be appropriated9905€34k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€34k€16k▼
Transfer to equity691/2€34k€16k▼
To other reserves6921€34k€16k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €34k ▲367%
Operating result €45k, net result €34k, both a record.
31-12
Financial
Equity above €100kEq €130k ▲35.7%
2 profitable years in a row build equity to €130k.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-6k ▼213%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
16-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 77 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
11-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Lummen · 1 establishment unit since 1998
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.
Vinkenstraat 13560 LummenGround area
2,034 m²
Building footprint
144 m²
Volume, LiDAR
711 m³
Parcel 71037C2569/00V000, Flanders · tallest building 15.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
TECH SERVICE BVBA
since 19982.088.527.883
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71037C2569/00V000 | Flanders | 2,034 m² | 1 · 144 m² | 15.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 22,728 companies in sector 43211 we hold annual accounts for 10,270. 8,576 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-04-1998
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.techservicelummen.com
E-mail:info@techservicelummen.be