Tech Smolutions
ActiveSummary
Tech Smolutions has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76k and a net result of €68k. Equity is growing by ~37.6% per year across the filed fiscal years. Its solvency ranks better than 36% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency68▼-32
Growth78=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.73 against 5.11 in 2024; short-term debt: 56.9% and cash: 63.9% of total assets), but 56.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
43.1%
Return on assets
39%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-04-2026, 120 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
120 d early
2024
94 d early
2023
119 d early
2022
97 d early
2021
53 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€76k▲ 0.6%
2024 · €75k
2021: €26k
2022: €11k▼ -57.8% vs 2021lowest in 5 years
2023: €43k▲ +288% vs 2022
2024: €75k▲ +76.0% vs 2023
2025: €76k▲ +0.6% vs 2024highest in 5 years
2021 → 2025
Total assets
€175k▲ 87.8%
2024 · €93k
2021: €37k
2022: €22k▼ -41.7% vs 2021lowest in 5 years
2023: €59k▲ +172% vs 2022
2024: €93k▲ +58.7% vs 2023
2025: €175k▲ +87.8% vs 2024highest in 5 years
2021 → 2025
Net result
€68k▲ 111%
2024 · €32k
2021: €24k
2022: €-15k▼ -163% vs 2021lowest in 5 years
2023: €32k▲ +310% vs 2022
2024: €32k▲ +2.4% vs 2023
2025: €68k▲ +111% vs 2024highest in 5 years
2021 → 2025
Working capital
€73k▼ 2.3%
2024 · €75k
2021: €26k
2022: €10k▼ -62.0% vs 2021lowest in 5 years
2023: €42k▲ +325% vs 2022
2024: €75k▲ +78.3% vs 2023highest in 5 years
2025: €73k▼ -2.3% vs 2024
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€26k-€11k▼ 57.8%€43k▲ 288%€75k▲ 76.0%€76k▲ 0.6%
2021: €26k
2022: €11k▼ -57.8% vs 2021lowest in 5 years
2023: €43k▲ +288% vs 2022
2024: €75k▲ +76.0% vs 2023
2025: €76k▲ +0.6% vs 2024highest in 5 years
Operating result€34k-€-14k€39k€45k▲ 16.0%€87k▲ 93.6%
2021: €34k
2022: €-14k▼ -142% vs 2021lowest in 5 years
2023: €39k▲ +370% vs 2022
2024: €45k▲ +16.0% vs 2023
2025: €87k▲ +93.6% vs 2024highest in 5 years
Net result€24k-€-15k€32k€32k▲ 2.4%€68k▲ 111%
2021: €24k
2022: €-15k▼ -163% vs 2021lowest in 5 years
2023: €32k▲ +310% vs 2022
2024: €32k▲ +2.4% vs 2023
2025: €68k▲ +111% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 94% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €175k
Fixed assets
€2k ▲ 1,596%
Current assets
€173k ▲ 85.7%
Equity and liabilities €175k
Equity
€76k ▲ 0.6%
Debt
€100k ▲ 447%
Debt's share of the balance-sheet total rises from 19.5% to 56.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€88k▲
2024 · €45k
Cash flow
€69k▲
2024 · €33k
Current ratio
1.73▼
2024 · 5.11
Debt to equity
1.32▲
2024 · 0.24
ROE
90.5%▲
2024 · 43.2%
ROA
39.0%▲
2024 · 34.8%
Interest coverage
613.91▲
2024 · 337.27
Debt ≤ 1 year
€100k▲
2024 · €18k
Income taxes
€18k▲
2024 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€93k€175k▲
Fixed assets21/28€134€2k▲
Tangible fixed assets22/27€134€2k▲
Plant, machinery and equipment23€134€2k▲
Current assets29/58€93k€173k▲
Amounts receivable within one year40/41€26k€61k▲
Trade receivables40€26k€61k▲
Cash at bank and in hand54/58€68k€112k▲
Equity and liabilities
Total equity and liabilities10/49€93k€175k▲
Equity10/15€75k€76k▲
Contributions10/11€2k€2k=
Reserves13€73k€73k=
Distributable reserves133€73k€73k=
Profit (loss) carried forward14€643€1k▲
Amounts payable17/49€18k€100k▲
Amounts payable within one year42/48€18k€100k▲
Trade debts44-€202
Suppliers440/4-€202
Taxes, remuneration and social security45€17k€30k▲
Taxes450/3€17k€30k▲
Other amounts payable47/48€1k€69k▲
Income statement
Code20242025
Remuneration, social security and pensions62€10k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€478€541▲
Other operating charges640/8€387€400▲
Gross operating margin9900€56k€88k▲
Operating profit (loss)9901€45k€87k▲
Financial income75/76B€14-
Recurring financial income75€14-
Financial charges65/66B€135€276▲
Recurring financial charges65€135€143▲
Non-recurring financial charges66B-€134
Profit (loss) for the period before taxes9903€45k€87k▲
Income taxes67/77€12k€18k▲
Profit (loss) for the period9904€32k€68k▲
Profit (loss) for the period to be appropriated9905€32k€68k▲
Appropriation of the result
Profit (loss) to be appropriated9906€33k€69k▲
Profit (loss) brought forward from the previous period14P€185€643▲
Transfer to equity691/2€32k-
To other reserves6921€32k-
Profit to be distributed694/7-€68k
Return on contributions (dividend)694-€68k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €10k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €345 | €478 | €478 | €541 | ▲ 13.2% |
| Other operating charges640/8 | - | €236 | €384 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | €34k | €-14k | €40k | €56k | €88k | ▲ 56.5% |
| Operating profit (loss)9901 | €34k | €-14k | €39k | €45k | €87k | ▲ 93.6% |
| Financial income75/76B | €11 | €18 | - | €14 | - | - |
| Recurring financial income75 | €11 | €18 | - | €14 | - | - |
| Financial charges65/66B | €1k | €766 | €219 | €135 | €276 | ▲ 105% |
| Recurring financial charges65 | €1k | €766 | €219 | €135 | €143 | ▲ 5.9% |
| Non-recurring financial charges66B | - | - | - | - | €134 | - |
| Profit (loss) for the period before taxes9903 | €33k | €-15k | €39k | €45k | €87k | ▲ 93.5% |
| Income taxes67/77 | €9k | - | €7k | €12k | €18k | ▲ 48.1% |
| Profit (loss) for the period9904 | €24k | €-15k | €32k | €32k | €68k | ▲ 111% |
| Profit (loss) for the period to be appropriated9905 | €24k | €-15k | €32k | €32k | €68k | ▲ 111% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €37k | €22k | €59k | €93k | €175k | ▲ 87.8% |
| Fixed assets21/28 | - | €1k | €612 | €134 | €2k | ▲ 1,596% |
| Tangible fixed assets22/27 | - | €1k | €612 | €134 | €2k | ▲ 1,596% |
| Plant, machinery and equipment23 | - | €1k | €612 | €134 | €2k | ▲ 1,596% |
| Current assets29/58 | €37k | €21k | €58k | €93k | €173k | ▲ 85.7% |
| Amounts receivable within one year40/41 | €6k | - | €25k | €26k | €61k | ▲ 139% |
| Trade receivables40 | €6k | - | €25k | €26k | €61k | ▲ 139% |
| Other amounts receivable41 | €2 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €31k | €21k | €33k | €68k | €112k | ▲ 65.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €37k | €22k | €59k | €93k | €175k | ▲ 87.8% |
| Equity10/15 | €26k | €11k | €43k | €75k | €76k | ▲ 0.6% |
| Contributions10/11 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves13 | €23k | €23k | €41k | €73k | €73k | = |
| Distributable reserves133 | €23k | €23k | €41k | €73k | €73k | = |
| Profit (loss) carried forward14 | €1k | €-14k | €185 | €643 | €1k | ▲ 68.7% |
| Amounts payable17/49 | €11k | €11k | €16k | €18k | €100k | ▲ 447% |
| Amounts payable within one year42/48 | €11k | €11k | €16k | €18k | €100k | ▲ 447% |
| Trade debts44 | €604 | €190 | €129 | - | €202 | - |
| Suppliers440/4 | €604 | €190 | €129 | - | €202 | - |
| Taxes, remuneration and social security45 | €10k | €9k | €15k | €17k | €30k | ▲ 75.5% |
| Taxes450/3 | €10k | €9k | €15k | €17k | €30k | ▲ 75.5% |
| Other amounts payable47/48 | €818 | €1k | €1k | €1k | €69k | ▲ 6,671% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24k | €-15k | €32k | €32k | €68k | ▲ 111% |
| + Depreciation and write-downs630 | - | €345 | €478 | €478 | €541 | ▲ 13.2% |
| Operating cash flow (approximation) | €24k | €-15k | €32k | €33k | €69k | ▲ 109% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | €-3k | - |
| Change in cash | - | €-11k | €13k | €34k | €44k | ▲ 29.6% |
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
02-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2021net €68k ▲111%
Operating result €87k, net result €68k, both a record.
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro 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, Ukkel · 1 establishment unit since 2020
Ground area
115 m²
Building footprint
75 m²
Volume, LiDAR
623 m³
Parcel 21016B0096/00N000, Brussels · tallest building 14.9 m, ±3 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Alsembergsesteenweg 528, 1180 Ukkel
since 20202.310.143.288
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21016B0096/00N000 | Brussels | 115 m² | 1 · 75 m² | 14.9 m · 3 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 16,901 companies in sector 62100 we hold annual accounts for 8,772. 6,939 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
Founded18-11-2020
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
71121Engineering and related technical consultancy, excluding land surveyors
73200Market research and public opinion polling
73300Public relations and communication consultancy
Contact
E-mail
siemen@techsmolutions.com
Scores and ratios are computed by Checked and are not a credit decision.