TECHEOS ENGINEERING
ActiveSummary
TECHEOS ENGINEERING has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €43k and a net result of €31k. Its solvency ranks better than 32% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+20
Solvency68▲+28
Growth78
Track record82
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 1.89 against 0.95 in 2023; short-term debt: 33.6% and cash: 48.5% 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 · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
43.1%
Return on assets
31.2%
Age of the figures
21 mo
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 08-04-2025, 114 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
114 d early
2023
35 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€43k▲ 261%
2023 · €12k
2023: €12k
2024: €43k▲ +261% vs 2023
2023 → 2024
Total assets
€99k▲ 28.1%
2023 · €77k
2023: €77k
2024: €99k▲ +28.1% vs 2023
2023 → 2024
Net result
€31k▲ 350%
2023 · €7k
2023: €7k
2024: €31k▲ +350% vs 2023
2023 → 2024
Working capital
€30k
2023 · €-1k
2023: €-1k
2024: €30k▲ +2155% vs 2023
2023 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€12k-€43k▲ 261%
2023: €12k
2024: €43k▲ +261% vs 2023
Operating result€9k-€42k▲ 355%
2023: €9k
2024: €42k▲ +355% vs 2023
Net result€7k-€31k▲ 350%
2023: €7k
2024: €31k▲ +350% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 355% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €99k
Fixed assets
€36k ▼ 24.7%
Current assets
€63k ▲ 114%
Equity and liabilities €99k
Equity
€43k ▲ 261%
Debt
€56k ▼ 13.9%
Debt's share of the balance-sheet total falls from 84.7% to 56.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€54k▲
2023 · €11k
Cash flow
€43k▲
2023 · €8k
Current ratio
1.89▲
2023 · 0.95
Debt to equity
1.32▼
2023 · 5.52
ROE
72.3%▲
2023 · 57.9%
ROA
31.2%▲
2023 · 8.9%
Interest coverage
27.18▲
2023 · 19.53
Debt ≤ 1 year
€33k▲
2023 · €31k
Debt > 1 year
€23k▼
2023 · €35k
Income taxes
€9k▲
2023 · €2k
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 · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€77k€99k▲
Fixed assets21/28€48k€36k▼
Tangible fixed assets22/27€48k€36k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24-€263
Leasing and similar rights25€46k€34k▼
Current assets29/58€29k€63k▲
Amounts receivable within one year40/41€20k€15k▼
Trade receivables40€20k€15k▼
Cash at bank and in hand54/58€9k€48k▲
Deferred charges and accrued income490/1€393€413▲
Equity and liabilities
Total equity and liabilities10/49€77k€99k▲
Equity10/15€12k€43k▲
Contributions10/11€5k€5k=
Reserves13€7k€38k▲
Distributable reserves133€7k€38k▲
Amounts payable17/49€66k€56k▼
Amounts payable after more than one year17€35k€23k▼
Financial debts170/4€35k€23k▼
Amounts payable within one year42/48€31k€33k▲
Current portion of amounts payable after more than one year42€11k€12k▲
Trade debts44€11€1k▲
Suppliers440/4€11€1k▲
Taxes, remuneration and social security45€5k€21k▲
Taxes450/3€5k€21k▲
Other amounts payable47/48€15k€87▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€12k▲
Other operating charges640/8€350€1k▲
Gross operating margin9900€11k€55k▲
Operating profit (loss)9901€9k€42k▲
Financial charges65/66B€551€2k▲
Recurring financial charges65€551€2k▲
Profit (loss) for the period before taxes9903€9k€40k▲
Income taxes67/77€2k€9k▲
Profit (loss) for the period9904€7k€31k▲
Profit (loss) for the period to be appropriated9905€7k€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€31k▲
Transfer to equity691/2€7k€31k▲
To other reserves6921€7k€31k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €12k | ▲ 652% |
| Other operating charges640/8 | €350 | €1k | ▲ 264% |
| Gross operating margin9900 | €11k | €55k | ▲ 395% |
| Operating profit (loss)9901 | €9k | €42k | ▲ 355% |
| Financial charges65/66B | €551 | €2k | ▲ 259% |
| Recurring financial charges65 | €551 | €2k | ▲ 259% |
| Profit (loss) for the period before taxes9903 | €9k | €40k | ▲ 361% |
| Income taxes67/77 | €2k | €9k | ▲ 404% |
| Profit (loss) for the period9904 | €7k | €31k | ▲ 350% |
| Profit (loss) for the period to be appropriated9905 | €7k | €31k | ▲ 350% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €77k | €99k | ▲ 28.1% |
| Fixed assets21/28 | €48k | €36k | ▼ 24.7% |
| Tangible fixed assets22/27 | €48k | €36k | ▼ 24.7% |
| Plant, machinery and equipment23 | €2k | €2k | ▼ 10.1% |
| Furniture and vehicles24 | - | €263 | - |
| Leasing and similar rights25 | €46k | €34k | ▼ 25.9% |
| Current assets29/58 | €29k | €63k | ▲ 114% |
| Amounts receivable within one year40/41 | €20k | €15k | ▼ 28.1% |
| Trade receivables40 | €20k | €15k | ▼ 28.1% |
| Cash at bank and in hand54/58 | €9k | €48k | ▲ 442% |
| Deferred charges and accrued income490/1 | €393 | €413 | ▲ 5.1% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €77k | €99k | ▲ 28.1% |
| Equity10/15 | €12k | €43k | ▲ 261% |
| Contributions10/11 | €5k | €5k | = |
| Reserves13 | €7k | €38k | ▲ 450% |
| Distributable reserves133 | €7k | €38k | ▲ 450% |
| Amounts payable17/49 | €66k | €56k | ▼ 13.9% |
| Amounts payable after more than one year17 | €35k | €23k | ▼ 33.5% |
| Financial debts170/4 | €35k | €23k | ▼ 33.5% |
| Amounts payable within one year42/48 | €31k | €33k | ▲ 8.1% |
| Current portion of amounts payable after more than one year42 | €11k | €12k | ▲ 4.1% |
| Trade debts44 | €11 | €1k | ▲ 10,392% |
| Suppliers440/4 | €11 | €1k | ▲ 10,392% |
| Taxes, remuneration and social security45 | €5k | €21k | ▲ 350% |
| Taxes450/3 | €5k | €21k | ▲ 350% |
| Other amounts payable47/48 | €15k | €87 | ▼ 99.4% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €31k | ▲ 350% |
| + Depreciation and write-downs630 | €2k | €12k | ▲ 652% |
| Operating cash flow (approximation) | €8k | €43k | ▲ 407% |
| Investment in fixed assets (approximation) | - | €-298 | - |
| Change in cash | - | €39k | - |
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
2025
08-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Eghezée · 1 establishment unit since 2023
Ground area
1,079 m²
Building footprint
104 m²
Parcel 92105B0135/00W002, Wallonia. Linked by address, not a title deed.
1 establishment unit
TECHEOS ENGINEERING
since 20232.352.100.639
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92105B0135/00W002 | Wallonia | 1,079 m² | 1 · 104 m² | - |
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.
Similar companies · same sector, comparable size
CIRRUS
BE 0807.322.585
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MEROS INTERNATIONAL
BE 0794.237.483
Tubize · Eq €42,716
Vandenbosch Solutions
BE 1004.561.593
Gent · Eq €42,986
Net-Com
BE 0833.582.168
Laarne · Eq €43,032
P20
BE 0821.705.509
Wavre · Eq €43,069
Of 3,211 companies in sector 62900 we hold annual accounts for 1,742. 1,322 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
Founded13-11-2023
Fiscal year end31-12
Activities, NACEBEL 2025
62900Other information technology and computer services
47120Other non-specialised retail sale
59114Motion picture, video and television programme production, sound recording and music publishing activities
62200Computer consultancy and computer facilities management
95100Repair and maintenance of computers and communication equipment
Scores and ratios are computed by Checked and are not a credit decision.