Skip to content

TECHFACTORY

Active Private limited companyfounded 2020active for 6 yearsOude Haegestraat 17, 1910 KampenhoutKBO/BCE: BE 0750.828.302

Overview

Lifetime

5 annual accounts with figures on one time axis
peak €87,132 (2021)
€49,467▲ 0.3%
lowest -€50,270 (2023)
€38,728▼ 20.7%
peak €71,215 (2021)
€66,599▼ 1.9%
€80,933▲ 148%
Board1 name since 2020
1 directorGEERTS Karl
Documentsfilings and deeds
07-07-202624 days before the deadline
2025micro format
Dividend €40,000Debts from €32,647 to €80,933Investments €16,213Cash from €20,615 to €44,601

Key points

from the 2025 annual accounts

Equity

€66,599 ▼ 1.9%
67,8712024+38,728Profit-40,000Dividend66,5992025

TECHFACTORY paid out €40,000 in dividends. That is 103% of the 2025 profit.

Turnover

≈ €160,000 estimated

The micro format states no turnover.

Investments

€16,213 13.4 × depreciation
20212025

Green is investment, beige is depreciation.

Liquidity

2.36 was 16.23 in 2024

Short-term debts rose from €6,170 to €55,933.

Filings

5 annual accounts since 2021
AprilJune31 JulyOctober20222024

The last five annual accounts were filed 5 to 34 days before the end of the period.

Checked score

94
Excellent
Financially stronger than 53% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.6% 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025highest value 08-2025: < 0.1%▼ -0.7 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

70-23equity 45.1% of total assets
70-6short-term debt 37.9% · cash 30.2%
100=return on assets 26.3%

Score breakdown

lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 2.36, cash €44,601
Size: total assets €147,532
Figures for financial year 2025 (filed on 07-07-2026)
Calculation

The band follows from the bankruptcy probability. 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 62, micro). It does better than 39% of them on solvency, 54% on liquidity, 82% on profitability and 37% on growth.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 26,972 companies had the same profile as TECHFACTORY has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of TECHFACTORY itself is lower: < 0.1% within 12 months. It rests on far more data about TECHFACTORY than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 26,972 companies, not a prediction for TECHFACTORY. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €6,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.36 (16.23 in 2024), above the usual 1.5. Short-term debt is 37.9% and cash 30.2% of total assets. However, 54.9% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Liquidity: current ratio 2.36, cash €44,601
NBB · annual accounts
lowers risk · Size: total assets €147,532
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 07-07-2026)
NBB · annual accounts
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 07-07-2026, 24 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
24 days early
2024
8 days early
2023
5 days early
2022
21 days early
2021
34 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 18 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 10 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

GK
Director, since 16-07-2020
  • GEERTS Karl 80 sharesdeed of 22-07-2020
  • VANDEN SCHRIECK Eva 20 sharesdeed of 22-07-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0750828302
Incorporation Founding capital of €3,000, 100 shares · Founders: GEERTS Karl and VANDEN SCHRIECK Eva · Appointment: GEERTS Karl (director) · published on 22-07-2020 · Gazette deed
First establishment Oude Haegestraat 17, Kampenhout
All 11 events

Comparable companies

same main activity, similar in size and age
Company
TECHFACTORY Kampenhout €147,532 €49,467 45.1% -
Cinemapp Geetbets €144,683 €44,805 69.1% -
Avliton Diest €172,115 €48,843 22.2% -
INVICTUS DEVELOPMENT Overijse €129,575 €42,446 54.4% -
digitall.expert Bierbeek €128,018 €56,851 16.6% -
SLNA-IT Kortenberg €161,020 €42,434 61.3% -
A3 IT Consulting Kraainem €129,147 €49,839 68.8% -

These companies have the same main activity as TECHFACTORY: computer programming (NACE 62100). They are comparable in size and age: total assets between €128,000 and €172,000, founded between 2019 and 2021.

Official details

Source: KBO
Status
Active since 17-07-2020Normal situation
Activity
Computer programmingNACE 62100and 2 others
Establishment unit
2.305.231.8231910 Kampenhout, since 17-07-2020
Financial year end
31 December
Peppol
Reachable since 31-12-2025
Company details

Annual accounts 2025

€49,467▲ 0.3%
€38,728▼ 20.7%
€66,599▼ 1.9%
€147,532▲ 46.8%
Filing
Filed on 07-07-2026, 24 days before the end of the filing period
Financials

Insights on TECHFACTORY

TECHFACTORY files the micro format. That format states no turnover. The gross margin fell from €87,132 in 2021 to €49,467 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 07-07-2026, 24 days before the deadline
€49,467
▲ 0.3%
€47,755
▼ 0.3%
€38,728
▼ 20.7%
€76,242
▼ 18.9%
45.1%
▼ 22.4 percentage points
2.36
▼ 13.87

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €160,000. Estimated: probably between €130,000 and €220,000.

Balance sheet

balance sheet total €147,532 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

45.1%

Higher than 37% of 21,206 companies in 2025.

2.36

Higher than 49% of 20,569 companies in 2025.

26.3%

Higher than 62% of 20,744 companies in 2025.

TECHFACTORY Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021
Balance sheet: assets
20/58 147,532100,51884,97689,11196,400
21/28 15,3573561,2272,3773,527
22/27 15,3573561,2272,3773,527
24 15,3573561,2272,3773,527
29/58 132,175100,16283,74986,73492,873
29 65,00065,00060,00060,000-
291 65,00065,00060,00060,000-
40/41 18,09411,70118,7712,3689,656
40 14,2301407,7712,3689,656
41 3,86411,56111,000--
54/58 44,60120,6151,62222,39482,801
490/1 4,4802,8463,3561,972416
Balance sheet: equity and liabilities
10/49 147,532100,51884,97689,11196,400
10/15 66,59967,87119,06269,33371,215
10/11 3,0003,0003,0003,0003,000
14 63,59964,87116,06266,33368,215
17/49 80,93332,64765,91419,77825,186
17 25,00025,00025,000--
170/4 25,00025,00025,000--
42/48 55,9336,17040,91419,77825,186
44 3,057934,4519881,820
440/4 3,057934,4519881,820
45 12,8766,0771,30818,67923,366
450/3 12,8766,0771,30818,67923,366
47/48 40,000035,155111-
492/3 01,477---
Income statement
9900 49,46749,323-50,186-1,32487,132
630 1,2128721,1501,150509
640/8 500553448511852
9901 47,75547,898-51,784-2,98585,771
75/76B 1,9501,8561,8001,5340
75 1,9501,8561,8001,5340
65/66B 84271055101133
65 84271055101133
9903 48,86349,044-50,039-1,55285,638
67/77 10,13523623233017,423
9904 38,72848,808-50,270-1,88268,215
9905 38,72848,808-50,270-1,88268,215
Appropriation of the result
9906 103,59964,87116,06266,33368,215
14P 64,87116,06266,33368,215-
694/7 40,000----
694 40,000----
Document PDFPDFPDFPDFPDF

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 07-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 07-07-2026 2026-00276457 PDF
31-12-2024 micro format 23-07-2025 2025-00299144 PDF
31-12-2023 micro format 26-07-2024 2024-00291685 PDF
31-12-2022 micro format 10-07-2023 2023-00225188 PDF
31-12-2021 micro format 27-06-2022 2022-20146731 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021
48,96748,770-50,634-1,83586,280
39,94049,680-49,120-73268,724
16,2130004,036
23,98618,993-20,772-60,407-
76,24293,99242,83566,95567,687
45.1%67.5%22.4%77.8%73.9%
2.3616.232.054.393.69
1.220.483.460.290.35
58.2%71.9%-263.7%-2.7%95.8%
26.3%48.6%-59.2%-2.1%70.8%
58.1468.66-928.04-18.17over 100

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€16,213---€4,036
€1,212€872€1,150€1,150€509

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on TECHFACTORY

The operating result for 2025 is 0% lower than in 2024.

Debt's share of the balance-sheet total rises from 32.5% to 54.9%. Equity is lower and debt is higher.

Board & ownership

Board

1 director, since incorporation
Director
since 16-07-2020 term without a fixed end
listed in the 2025 annual accounts, filed on 07-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Het bestuursorgaan vertegenwoordigt de vennootschap jegens derden, met inbegrip van de vertegenwoordiging in rechte. Indien er verschillende…”
deed of 22-07-2020

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
GEERTS Karl
Director
Board
Mandates as a list
  • GEERTS Karl
    • Director, from 16-07-2020 to date

See the board, name and registered office on a given date →

Control

Founders
GEERTS Karl, VANDEN SCHRIECK Eva
This company
TECHFACTORY
Equity €66,599
Profit €38,728 in 2025

Capital

Contribution
€3,000
Shares
100
Contribution per share
€30
Equity per share
€666 in 2025
Source
deed of 22-07-2020

Articles of association

deed of 22-07-2020 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 16:00

Shareholders

At incorporation deed of 22-07-2020 ↗
  • GEERTS Karl 80 shares (80%) · €2,400
  • VANDEN SCHRIECK Eva 20 shares (20%) · €600

Network & group

No group

TECHFACTORY has no parent and no holdings in its annual accounts. GEERTS Karl is the only director. TECHFACTORY shares no director with another company.

Timeline

Timeline

11 events since 2020

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 24 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0750828302
Annual accounts 2024 filed PDFmicro format · 8 days before the deadline
2024
Back to profit net €48,808 The net result is €48,808, after 2 loss-making years.
Liquidity more than 7 times current ratio 16.23 The current ratio rises from 2.05 to 16.23. Short-term debt falls from €40,914 to €6,170.
Annual accounts 2023 filed PDFmicro format · 5 days before the deadline
2023
Weakest financial year net -€50,270 The net result drops to -€50,270, the lowest from 2021 to 2025. It recovers the following year.
Annual accounts 2022 filed PDFmicro format · 21 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 34 days before the deadline
2020
IncorporationFounding capital of €3,000, 100 shares · Founders: GEERTS Karl and VANDEN SCHRIECK Eva · Appointment: GEERTS Karl (director) · published on 22-07-20205 points ▸
  • Founder, GEERTS Karl
  • Founder, VANDEN SCHRIECK Eva
  • Founding capital, €3,000, 100 shares
  • Registered office clause, Oude Haegestraat 17
  • Director appointment, GEERTS Karl
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

First establishment Oude Haegestraat 17, Kampenhout

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

TECHFACTORY was incorporated on 17 July 2020 as a private limited company by two natural persons, with a starting capital of €3,000.12 Since 2020, GEERTS Karl has served as director.3 Total assets rose from €96,400 in 2021 to €147,532 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 22-07-2020
  3. 3National Bank, annual accounts 2025
  4. 4National Bank, annual accounts 2021 and 2025

Company details

Identity

Enterprise number
0750.828.302
VAT number
BE 0750.828.302
Peppol ID
0208:0750828302
Other Peppol ID
9925:BE0750828302
Legal form
Private limited company
Status
Active, normal situation
Founded
17-07-2020
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 16:00
deed of 22-07-2020 (in Dutch)
Peppol
Reachable since 31-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
TECHFACTORY in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 22-07-2020 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 22-07-2020 (in Dutch)

Activities

NACEBEL 2025
62100 Computer programming main activity
Codes under NACEBEL 2008
62010 Computer programming, consultancy and related activities main activity
62020 IT consultancy
63110 Computing infrastructure, data processing, hosting and other information service activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het analyseren en ontwerpen van computersystemen waarbij hardware,software en communicatietechnologie worden geïntegreerd.De dienstverlening…”
13 activities
  1. Het analyseren en ontwerpen van computersystemen waarbij hardware,software en communicatietechnologie worden geïntegreerd.De dienstverlening kan ook een opleiding voor de desbetreffende gebruikers omvatten
  2. Management consultancy,met name het management van ondernemingen en de overige zakelijke dienstverleningen;het verlenen van advies op het gebied van bedrijfsbeheer en bedrijfsvoering
  3. Het leveren van IT-services en IT-consultancy,met onder meer het programmeren,ontwikkelen,onderhouden en commercialiseren van software en software toepassingen allerhande,het al dan niet permanent verwerken van gegevens met behulp van een eigen programma of een programma van de klant,invoeren en verwerken van gegevens;het verlenen van adviezen aan bedrijven en particulieren in verband met informaticatoepassingen,zowel software als hardware en netwerken
  4. Het ontwikkelen en/of te huur/koop aanbieden van ICT hardware,software en services;moeten hierbij in hun ruimste betekenis gezien worden
  5. Handel in de ontwikkeling,de productie en de distributie van alle technische en elektronische apparaten en installaties
  6. Het verlenen van diensten van technische,bedrijvigheid,administratieve of commerciële aard;in de ruimste zin bijstand verlenen
  7. Opbouwen/afbreken van tijdelijke of permanente constructies;moeten hierbij in hun ruimste betekenis gezien worden
  8. Alle mogelijke opdrachten inzake milieu,veiligheid,klimaat en aanverwante sectoren uit te voeren;de begrippen milieu en veiligheid moeten hierbij in hun ruimste betekenis gezien worden;onder alle mogelijke opdrachten inzake milieu en veiligheid wordt onder meer begrepen zonder evenwel limitatief te zijn,het uitvoeren en coördineren van milieueffectenrapporten,veiligheidsrapporten,veiligheids-studies,veiligheidscoördinatie,milieustudies,het uitvoeren van bodemonderzoeken en bodemsaneringsprojecten,het verschaffen van milieutechnisch advies,milieuzorg- en veiligheidssystemen,het uitvoeren van audits en aanvragen van omgevingsvergunningen,het optreden als deskundige,milieucoördinator en veiligheidscoördinatie
  9. Algemene coördinatiewerkzaamheden op een bouwwerf
  10. Het ondersteunen,adviseren en/of organiseren van evenementen;moeten hierbij in hun ruimste betekenis gezien worden
  11. Het verlenen van administratieve prestaties en computerservices
  12. Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren,onder om het even welke vorm;in dit kader kan zij zich ook borg stellen of haar aval verlenen,in de meest ruime zin,alle handels- en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan kredietinstellingen
  13. Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen,de aan- en verkoop,huur en verhuur van roerende 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,alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen
deed of 22-07-2020 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Oude Haegestraat 17 registered office 1910 Kampenhout 17-07-2020 2.305.231.823

Buildings and parcels at the address

Ground area
5,097 m²
Buildings
168 m²
Volume, LiDAR
1,074 m³
Tallest building
9.0 m
Buildings to scale, each on its own parcel
168 m², 9.0 m 168 m², 9.0 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
23014A0332/00H0005,097 m² 1 · 168 m² 9.0 m · 2