TechBuild
ActiveSummary
TechBuild has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€11,655) and a net result of -€12,180. Equity is shrinking by about 446% per year across the filed financial years. Its solvency ranks better than 18% of 17,107 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
- Equity
- -€11,655
- Loss
- -€12,180
Why 53raises riskCapped at 59: negative equityLiquidity: current ratio 0.14, cash €33Negative equity -€11,655lowers riskSector: Real estate activities (NACE 68)Size: total assets €620,037Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 68, micro): better than 18% on solvency, 23% on liquidity, 24% on profitability and 1% on growth.
The bankruptcy probability was computed on 30-10-2026 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
This company filed its last 3 accounts on average 16 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet -€12,180
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result falls in 2025; 2025 is 80% below 2024 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: 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).
Peer companies
Historical observationOf the 1,251 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 96.6% are still going.
- Small
- 2 to 5 years old
- negative equity
- a small loss
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,251 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,235 | €17,350 | €17,291 | ▼ 0.3% |
| Other operating charges640/8 | €1,375 | €3,817 | €4,021 | ▲ 5.4% |
| Gross operating margin9900 | €35,837 | €37,375 | €24,550 | ▼ 34.3% |
| Operating profit (loss)9901 | €14,227 | €16,208 | €3,238 | ▼ 80.0% |
| Financial income75/76B | €110 | €0 | - | - |
| Recurring financial income75 | €110 | €0 | - | - |
| Financial charges65/66B | €21,511 | €14,510 | €15,418 | ▲ 6.3% |
| Recurring financial charges65 | €21,511 | €14,510 | €15,418 | ▲ 6.3% |
| Profit (loss) for the period before taxes9903 | -€7,174 | €1,698 | -€12,180 | - |
| Profit (loss) for the period9904 | -€7,174 | €1,698 | -€12,180 | - |
| Profit (loss) for the period to be appropriated9905 | -€7,174 | €1,698 | -€12,180 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €741,425 | €646,780 | €620,037 | ▼ 4.1% |
| Fixed assets21/28 | €619,151 | €601,801 | €584,511 | ▼ 2.9% |
| Tangible fixed assets22/27 | €619,151 | €601,801 | €584,511 | ▼ 2.9% |
| Land and buildings22 | €604,278 | €588,528 | €572,833 | ▼ 2.7% |
| Furniture and vehicles24 | €14,874 | €13,273 | €11,678 | ▼ 12.0% |
| Current assets29/58 | €122,274 | €44,979 | €35,526 | ▼ 21.0% |
| Amounts receivable within one year40/41 | €118,416 | €44,834 | €35,494 | ▼ 20.8% |
| Trade receivables40 | €106,776 | €39,023 | - | - |
| Other amounts receivable41 | €11,639 | €5,811 | €35,494 | ▲ 511% |
| Cash at bank and in hand54/58 | €3,713 | €0 | €33 | - |
| Deferred charges and accrued income490/1 | €146 | €145 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €741,425 | €646,780 | €620,037 | ▼ 4.1% |
| Equity10/15 | -€1,174 | €525 | -€11,655 | - |
| Contributions10/11 | €6,000 | €6,000 | €6,000 | = |
| Profit (loss) carried forward14 | -€7,174 | -€5,475 | -€17,655 | ▼ 222% |
| Amounts payable17/49 | €742,599 | €646,256 | €631,692 | ▼ 2.3% |
| Amounts payable after more than one year17 | €411,497 | €394,047 | €376,001 | ▼ 4.6% |
| Financial debts170/4 | €411,497 | €394,047 | €376,001 | ▼ 4.6% |
| Amounts payable within one year42/48 | €329,721 | €250,781 | €255,691 | ▲ 2.0% |
| Current portion of amounts payable after more than one year42 | €16,872 | €17,450 | €20,634 | ▲ 18.3% |
| Financial debts43 | - | €1,043 | €0 | ▼ 100% |
| Credit institutions430/8 | - | €1,043 | €0 | ▼ 100% |
| Trade debts44 | €75,579 | €92 | €604 | ▲ 554% |
| Suppliers440/4 | €75,579 | €92 | €604 | ▲ 554% |
| Taxes, remuneration and social security45 | €3,691 | €0 | €1,511 | - |
| Taxes450/3 | €3,691 | €0 | €1,511 | - |
| Other amounts payable47/48 | €233,579 | €232,195 | €232,942 | ▲ 0.3% |
| Accrued charges and deferred income492/3 | €1,381 | €1,428 | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,174 | €1,698 | -€12,180 | - |
| + Depreciation and write-downs630 | €20,235 | €17,350 | €17,291 | ▼ 0.3% |
| Operating cash flow (approximation) | €13,061 | €19,048 | €5,111 | ▼ 73.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | -€3,713 | €33 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-07-2026 | 2026-00389650 |
| 31-12-2024 | micro format | 19-08-2025 | 2025-00398322 |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00452970 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DE PRETER, Katrin |
|
| RUTS Rudy Louis Constance |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
02-06
Gazette deed
IncorporationAppointments: RUTS Rudy Louis Constance (director) and DE PRETER Katrin (director) · Founder · Founding capital9 facts ▸
- Incorporation, 30-05-2022
- Founder, RUTS Rudy Louis Constance
- Founder, DE PRETER Katrin
- Other provision, “huwelijksstelsel oprichters, scheiding van goederen” (deed in Dutch)
- Founding capital, €6,000
- Other provision, “beschikking over inbreng”, 6000 (deed in Dutch)
- Board rule, 2
- Director appointment, RUTS Rudy Louis Constance (director (not named in the articles))
- Director appointment, DE PRETER Katrin (director (not named in the articles))
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0786.662.674
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71046B0788/00W003 | Flanders | 1.2 ha | 1 · 393 m² | 22.9 m · 6 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals onder meer erfpacht- en opstalrechten en de…” (deed in Dutch)
6 activities (deed in Dutch)
- Alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals onder meer erfpacht- en opstalrechten en de huurfinanciering van onroerende goederen aan derden, het aankopen en verkopen zowel in volle eigendom als in vruchtgebruik en/of blote eigendom, ruilen, doen bouwen, doen verbouwen, onderhouden, verhuren, huren, verkavelen, prospecteren en uitbaten van onroerende goederen, de aan- en verkoop, huur en verhuur van roerende goederen betreffende de inrichting en uitrusting van onroerende goederen, alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen, kortom alle onroerende transacties en verrichtingen in de meest brede zin en van welke aard ook;
- Projectmanagement en projectontwikkeling en alles wat daarmee gepaard gaat zoals de promotie, realisatie, verkoop en commercialisatie van projecten, omvattende onder meer maar niet uitsluitend het begeleiden van bouwprojecten, het uitvoeren van projectopvolging, toezicht, werfcontroles en expertises, kostencalculaties en budgetbeheer, de coördinatie van de bouwwerken en de controle daarop tijdens en nadien alsook de algemene coördinatie van de werkzaamheden op de bouwwerf in het algemeen en in het bijzonder de werkzaamheden die betrekking hebben op de gehele of gedeeltelijke uitvoering van bouwvoltooiingswerken door onderaannemers, het verlenen van technische, juridische en administratieve adviezen, allerlei adviezen aan de bouwheer, het onderhandelen met en het aanstellen van architecten, aannemers en andere betrokken personen, het optreden tegenover allerlei overheden en instanties voor vergunningen en andere administratieve procedures;
- Administratieve bijstand, zakelijke dienstverlening, alle dienstverlening van economische aard en overige dienstverlening hoofdzakelijk aan bedrijven, daaronder mede begrepen het verstrekken van advies, consulting en diensten in de ruimste zin van het woord op het gebied van administratie, human resource, management, financiën, marketing, vertalingen, juridische zaken en alle aanverwante vraagstukken;
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend en roerend vermogen; daartoe mag zij alle onroerende, roerende en financiële handelingen verrichten, met inbegrip van de onroerende leasing, te gelde maken en beleggen in effecten en alle andere waarde elementen;
- Het verwerven van participaties in eender welke vorm in alle bestaande of nog op te richten rechtspersonen en vennootschappen, het stimuleren, de planning, de coördinatie van de ontwikkeling en investering in rechtspersonen en ondernemingen waarin zij al of niet een participatie aanhoudt;
- Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren, onder om het even welke vorm; in dit kader kan zij alle handels- en financiële operaties verrichten behalve deze die wettelijk voorbehouden zijn aan depositobanken, houders van deposito’s op korte termijn, spaarkassen, hypotheekmaatschappijen en kapitalisatieondernemingen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- TechBuild
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, 3945 Ham, Truibroek 94 bus 6” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 12. Bevoegdheden van het bestuursorgaan. Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer bestuurders, bestuursorgaan” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of May at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering in vormen statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Artikel 25, ontbinding om welke reden en wanneer ook” (deed in Dutch)