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TECHFORCE

Active
Public limited companyfounded 20179 yrs activeBoulevard de l'Europe 117, 1300 Wavre, BelgiumKBO/BCE: BE 0675.976.469

TECHFORCE has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €137k and a net result of €32k. Equity is growing by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 71% of 11297 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
85 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78=
Solvency93▼-7
Growth85▲+33
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 10.36 against 16.4 in 2024; short-term debt: 9.6% and cash: 96% of total assets), and 32% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
68%
Return on assets
15.9%
Age of the figures
15 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
1 d early
2024
3 d late
2023
64 d early
2022
1 d early
2021
on the day
2020
32 d early
2019
44 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Turnover
€390k▲ 1,596%
2024 · €23k
2019: €54k 2020: €308k 2021: €66k 2022: €132k 2023: €116k 2024: €23k
2019 → 2025
EBIT margin
8.0%▲ 16.7pp
2024 · -8.7%
2019: -12.6% 2020: 15.1% 2021: -14.2% 2022: -2.8% 2023: 26.1% 2024: -8.7%
2019 → 2025
Net result
€32k
2024 · €-2k
2019: €-7k 2020: €45k 2021: €-17k 2022: €-4k 2023: €26k 2024: €-2k
2019 → 2025
Working capital
€182k▲ 79.3%
2024 · €101k
2019: €27k 2020: €72k 2021: €68k 2022: €73k 2023: €100k 2024: €101k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€66k-€132k▲ 98.9%€116k▼ 12.3%€23k▼ 80.2%€390k▲ 1,596%
Equity€85k-€81k▼ 5.0%€107k▲ 32.1%€105k▼ 1.7%€137k▲ 30.6%
Operating result€-9k-€-4k▲ 60.6%€30k€-2k€31k
Net result€-17k-€-4k▲ 75.6%€26k€-2k€32k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2021: €-9k€-9kNet result 2021: €-17k€-17kOperating result 2022: €-4k€-4kNet result 2022: €-4k€-4kOperating result 2023: €30k€30kNet result 2023: €26k€26kOperating result 2024: €-2k€-2kNet result 2024: €-2k€-2kOperating result 2025: €31k€31kNet result 2025: €32k€32k20212022202320242025
The operating result returns to profit in 2025: €31k after a loss of €2k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €201k
Fixed assets €156▼ 95.5%
Current assets €201k▲ 86.4%
Equity and liabilities €201k
Equity €137k▲ 30.6%
Provisions €45k
Debt €19k▲ 195%
The debt ratio rises from 5.9% to 9.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€35k
2024 · €5k
Cash flow
€35k
2024 · €5k
Solvency
68.0%
2024 · 94.1%
Current ratio
10.36
2024 · 16.40
Quick ratio
10.36
2024 · 16.40
Debt / equity
0.14
2024 · 0.06
ROE
23.4%
2024 · -1.8%
ROA
15.9%
2024 · -1.6%
Interest coverage
522.30
2024 · 26.89
Debt
€19k
2024 · €7k
Debt ≤ 1 year
€19k
2024 · €7k
Income taxes
€560
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€111k€201k
Fixed assets21/28€3k€156
Tangible fixed assets22/27€3k€156
Plant, machinery and equipment23€3k€156
Current assets29/58€108k€201k
Amounts receivable within one year40/41€6k€8k
Trade receivables40€6k€6k
Other amounts receivable41-€2k
Cash at bank and in hand54/58€102k€193k
Equity and liabilities
Total equity and liabilities10/49€111k€201k
Equity10/15€105k€137k
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€20k€51k
Non-distributable reserves130/1€117€117=
Legal reserve130€117€117=
Distributable reserves133€20k€51k
Profit (loss) carried forward14€23k€24k
Provisions and deferred taxes16-€45k
Provisions for liabilities and charges160/5-€45k
Major repairs and maintenance162-€45k
Amounts payable17/49€7k€19k
Amounts payable within one year42/48€7k€19k
Current portion of amounts payable after more than one year42€4k-
Trade debts44€995€19k
Suppliers440/4€995€19k
Taxes, remuneration and social security45€2k€560
Taxes450/3€2k€560
Other amounts payable47/48€14-
Income statement Code20242025
Turnover70€23k€390k
Goods, raw materials, services and sundry goods60/61€17k€309k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€3k
Provisions for liabilities and charges: additions (uses and reversals)635/8-€45k
Other operating charges640/8€464€467
Gross operating margin9900€6k€80k
Operating profit (loss)9901€-2k€31k
Financial income75/76B€356€2k
Recurring financial income75€356€2k
Financial charges65/66B€194€66
Recurring financial charges65€194€66
Profit (loss) for the period before taxes9903€-2k€33k
Income taxes67/77-€560
Profit (loss) for the period9904€-2k€32k
Profit (loss) for the period to be appropriated9905€-2k€32k
Appropriation of the result
Profit (loss) to be appropriated9906€23k€55k
Profit (loss) brought forward from the previous period14P€25k€23k
Transfer to equity691/2-€31k
To other reserves6921-€31k

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
30-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Back to profitnet €32k
Net result €32k after one loss-making year.
03-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
2024
30-06
Financial Liquidity doublescurrent ratio 16.40
Current ratio from 7.85 to 16.40; short-term debt falls from €15k to €7k.
2023
28-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial Back to profitnet €26k
Net result €26k after 2 loss-making years.
30-06
Financial Equity above €100kEq €107k ▲32.1%
Equity rises from €81k to €107k.
30-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial Weakest financial yearnet €-17k ▼138%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
2020
30-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial Back to profitnet €45k
Net result €45k after one loss-making year.
30-06
Financial Equity above €100kEq €102k ▲79.5%
Equity rises from €57k to €102k.
2019
18-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
03-12
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 acts for this company are 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, Wavre · 1 establishment unit since 2017
establishment approximate The establishment unit on the map
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.

Boulevard de l'Europe 1171300 Wavre
Ground area
6,168 m²
Building footprint
2,304 m²
Volume, LiDAR
16,857 m³
Parcel 25006C0331/00N000, Wallonia · tallest building 12.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TECHFORCE
Boulevard de l'Europe 117, 1300 WavreWholesale of electrical household appliances and audio-video equipment
since 20172.264.960.490
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25006C0331/00N000 Wallonia 6,168 m² 1 · 2,304 m² 12.8 m · 2 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.

Similar companies · same sector, comparable size

Of 977 companies in sector 46431 we hold annual accounts for 705. 517 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded24-05-2017
Fiscal year end30-06
Activities, NACEBEL
46431Wholesale of electrical household appliances and audio-video equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.