TECHFUND
ActiveSummary
The computed 12-month bankruptcy probability of TECHFUND is 1.8% (moderate). The 2025 annual accounts show negative equity (€-783k) and a net result of €-314k. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability10▼-4
Solvency8▼-7
Growth52=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 29.77 against 27.53 in 2024; short-term debt: 3.3% and cash: 1.7% of total assets), but equity is negative.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young 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 2025Solvency, return and age of the figures
Solvency
-16.7%
Return on assets
-6.7%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-783k
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 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 d early
2024
34 d late
2023
20 d late
2022
30 d late
2021
29 d late
2020
24 d late
2019
31 d late
← 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, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-314k▼ 80.4%
2024 · €-174k
2018: €-16k
2019: €-81k▼ -408% vs 2018
2020: €15k▲ +119% vs 2019highest in 8 years
2021: €-41k▼ -370% vs 2020
2022: €-69k▼ -66.5% vs 2021
2023: €-110k▼ -60.3% vs 2022
2024: €-174k▼ -58.3% vs 2023
2025: €-314k▼ -80.4% vs 2024lowest in 8 years
2018 → 2025
Working capital
€4.49M▲ 3.2%
2024 · €4.35M
2018: €-1.06M
2019: €-1.11M▼ -5.3% vs 2018lowest in 8 years
2020: €-1.09M▲ +2.0% vs 2019
2021: €-115k▲ +89.5% vs 2020
2022: €440k▲ +483% vs 2021
2023: €688k▲ +56.6% vs 2022
2024: €4.35M▲ +532% vs 2023
2025: €4.49M▲ +3.2% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-116k-€-185k▼ 59.3%€-295k▼ 59.6%€-469k▼ 59.1%€-783k▼ 67.0%
2021: €-116khighest in 5 years
2022: €-185k▼ -59.3% vs 2021
2023: €-295k▼ -59.6% vs 2022
2024: €-469k▼ -59.1% vs 2023
2025: €-783k▼ -67.0% vs 2024lowest in 5 years
Operating result€-35k-€-44k▼ 27.7%€-63k▼ 41.9%€-17k▲ 73.3%€-52k▼ 210%
2021: €-35k
2022: €-44k▼ -27.7% vs 2021
2023: €-63k▼ -41.9% vs 2022lowest in 5 years
2024: €-17k▲ +73.3% vs 2023highest in 5 years
2025: €-52k▼ -210% vs 2024
Net result€-41k-€-69k▼ 66.5%€-110k▼ 60.3%€-174k▼ 58.3%€-314k▼ 80.4%
2021: €-41khighest in 5 years
2022: €-69k▼ -66.5% vs 2021
2023: €-110k▼ -60.3% vs 2022
2024: €-174k▼ -58.3% vs 2023
2025: €-314k▼ -80.4% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €52k in 2025 against €17k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.68M
Fixed assets
€40k ▼ 28.1%
Current assets
€4.64M ▲ 3.0%
Key figures and ratios
EBITDA
€-36k▼
2024 · €-1k
Cash flow
€-299k▼
2024 · €-159k
Solvency
-16.7%▼
2024 · -10.3%
Current ratio
29.77▲
2024 · 27.53
Quick ratio
0.59▲
2024 · 0.47
Debt to equity
-6.98▲
2024 · -10.74
ROA
-6.7%▼
2024 · -3.8%
Interest coverage
-0.14▼
2024 · -0.01
Debt
€5.47M▲
2024 · €5.04M
Debt ≤ 1 year
€156k▼
2024 · €164k
Debt > 1 year
€5.18M▲
2024 · €4.81M
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€4.57M€4.68M▲
Fixed assets21/28€56k€40k▼
Tangible fixed assets22/27€36k€20k▼
Other tangible fixed assets26€36k€20k▼
Financial fixed assets28€20k€20k=
Current assets29/58€4.51M€4.64M▲
Stocks and contracts in progress3€4.43M€4.55M▲
Contracts in progress37€4.43M€4.55M▲
Amounts receivable within one year40/41€30k€12k▼
Trade receivables40€18k€6k▼
Other amounts receivable41€12k€6k▼
Cash at bank and in hand54/58€42k€77k▲
Deferred charges and accrued income490/1€5k€3k▼
Equity and liabilities
Total equity and liabilities10/49€4.57M€4.68M▲
Equity10/15€-469k€-783k▼
Contributions10/11€1.54M€1.54M=
Capital10€1.54M€1.54M=
Issued capital100€1.54M€1.54M=
Profit (loss) carried forward14€-2.00M€-2.32M▼
Amounts payable17/49€5.04M€5.47M▲
Amounts payable after more than one year17€4.81M€5.18M▲
Financial debts170/4€4.81M€5.18M▲
Amounts payable within one year42/48€164k€156k▼
Trade debts44€59k€56k▼
Suppliers440/4€59k€56k▼
Other amounts payable47/48€105k€100k▼
Accrued charges and deferred income492/3€60k€131k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€16k=
Other operating charges640/8€1k€9k▲
Non-recurring operating charges66A€5k-
Gross operating margin9900€5k€-28k▼
Operating profit (loss)9901€-17k€-52k▼
Financial income75/76B€43-
Recurring financial income75€43-
Financial charges65/66B€157k€262k▲
Recurring financial charges65€157k€262k▲
Profit (loss) for the period before taxes9903€-174k€-314k▼
Profit (loss) for the period9904€-174k€-314k▼
Profit (loss) for the period to be appropriated9905€-174k€-314k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2.00M€-2.32M▼
Profit (loss) brought forward from the previous period14P€-1.83M€-2.00M▼
The notes to these accounts (8 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €11k | €16k | €16k | €16k | = |
| Other operating charges640/8 | €498 | €1k | €1k | €1k | €9k | ▲ 713% |
| Non-recurring operating charges66A | - | - | - | €5k | - | - |
| Gross operating margin9900 | €-34k | €-32k | €-46k | €5k | €-28k | ▼ 661% |
| Operating profit (loss)9901 | €-35k | €-44k | €-63k | €-17k | €-52k | ▼ 210% |
| Financial income75/76B | - | €1k | €428k | €43 | - | - |
| Recurring financial income75 | - | €1k | €1 | €43 | - | - |
| Non-recurring financial income76B | - | - | €428k | - | - | - |
| Financial charges65/66B | €6k | €26k | €475k | €157k | €262k | ▲ 66.6% |
| Recurring financial charges65 | €6k | €26k | €47k | €157k | €262k | ▲ 66.6% |
| Non-recurring financial charges66B | - | - | €428k | - | - | - |
| Profit (loss) for the period before taxes9903 | €-41k | €-69k | €-110k | €-174k | €-314k | ▼ 80.4% |
| Profit (loss) for the period9904 | €-41k | €-69k | €-110k | €-174k | €-314k | ▼ 80.4% |
| Profit (loss) for the period to be appropriated9905 | €-41k | €-69k | €-110k | €-174k | €-314k | ▼ 80.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €386k | €633k | €1.12M | €4.57M | €4.68M | ▲ 2.6% |
| Fixed assets21/28 | - | €67k | €51k | €56k | €40k | ▼ 28.1% |
| Tangible fixed assets22/27 | - | €67k | €51k | €36k | €20k | ▼ 43.8% |
| Other tangible fixed assets26 | - | €67k | €51k | €36k | €20k | ▼ 43.8% |
| Financial fixed assets28 | - | - | - | €20k | €20k | = |
| Current assets29/58 | €386k | €566k | €1.07M | €4.51M | €4.64M | ▲ 3.0% |
| Stocks and contracts in progress3 | €272k | €509k | €1.05M | €4.43M | €4.55M | ▲ 2.7% |
| Contracts in progress37 | €272k | €509k | €1.05M | €4.43M | €4.55M | ▲ 2.7% |
| Amounts receivable within one year40/41 | €66k | €22k | €24k | €30k | €12k | ▼ 59.6% |
| Trade receivables40 | €4k | - | - | €18k | €6k | ▼ 65.9% |
| Other amounts receivable41 | €62k | €22k | €24k | €12k | €6k | ▼ 50.0% |
| Cash at bank and in hand54/58 | €48k | €34k | €3k | €42k | €77k | ▲ 85.6% |
| Deferred charges and accrued income490/1 | - | €406 | - | €5k | €3k | ▼ 50.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €386k | €633k | €1.12M | €4.57M | €4.68M | ▲ 2.6% |
| Equity10/15 | €-116k | €-185k | €-295k | €-469k | €-783k | ▼ 67.0% |
| Contributions10/11 | €1.54M | €1.54M | €1.54M | €1.54M | €1.54M | = |
| Capital10 | €1.54M | €1.54M | €1.54M | €1.54M | €1.54M | = |
| Issued capital100 | €1.54M | €1.54M | €1.54M | €1.54M | €1.54M | = |
| Profit (loss) carried forward14 | €-1.65M | €-1.72M | €-1.83M | €-2.00M | €-2.32M | ▼ 15.7% |
| Amounts payable17/49 | €502k | €818k | €1.42M | €5.04M | €5.47M | ▲ 8.6% |
| Amounts payable after more than one year17 | - | €681k | €1.02M | €4.81M | €5.18M | ▲ 7.7% |
| Financial debts170/4 | - | €681k | €1.02M | €4.81M | €5.18M | ▲ 7.7% |
| Amounts payable within one year42/48 | €501k | €127k | €384k | €164k | €156k | ▼ 4.8% |
| Trade debts44 | €115k | €27k | €285k | €59k | €56k | ▼ 5.0% |
| Suppliers440/4 | €115k | €27k | €285k | €59k | €56k | ▼ 5.0% |
| Other amounts payable47/48 | €386k | €100k | €100k | €105k | €100k | ▼ 4.7% |
| Accrued charges and deferred income492/3 | €1k | €10k | €17k | €60k | €131k | ▲ 120% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-41k | €-69k | €-110k | €-174k | €-314k | ▼ 80.4% |
| + Depreciation and write-downs630 | - | €11k | €16k | €16k | €16k | = |
| Operating cash flow (approximation) | €-41k | €-57k | €-94k | €-159k | €-299k | ▼ 88.3% |
| Investment in fixed assets (approximation) | - | - | €0 | €-20k | €0 | ▲ 100% |
| Change in cash | - | €-14k | €-31k | €39k | €36k | ▼ 8.4% |
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
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-314k
Net result drops to €-314k, the lowest in the series.
03-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 34 days late
2024
31-12
Financial
Liquidity times 10current ratio 27.53
Current ratio from 2.79 to 27.53; short-term debt falls from €384k to €164k.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
31-12
Financial
Liquidity times 6current ratio 4.47
Current ratio from 0.77 to 4.47; short-term debt falls from €501k to €127k.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 29 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 24 days late
2020
31-12
Financial
Back to profitnet €15k
Net result €15k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 61 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Elsene · 1 establishment unit since 2022
Ground area
388 m²
Building footprint
193 m²
Volume, LiDAR
1,337 m³
2 parcels, Brussels, Wallonia · tallest building 19.3 m, ±5 floors. Linked by address, not a title deed.
16
companies at this address
See who is registered here
1 establishment unit
TECHFUND
since 20222.328.955.746
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84015B0292/00M000 | Wallonia | 226 m² | 1 · 91 m² | - |
| 21807G0158/00P000 | Brussels | 161 m² | 1 · 102 m² | 19.3 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPublic limited company
Founded05-01-2011
Fiscal year end31-12
Contact
E-mail
patrick@jpseven.com
Phone
+3227710161
Scores and ratios are computed by Checked and are not a credit decision.