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Techlog Genk

Active
Public limited companyfounded 1945active for 80 yearsWinterbeeklaan 23, 3600 Genk, BelgiumKBO/BCE: BE 0405.524.732

Financials · financial year 2025, full format

Annual accounts 2025 filed on 09-07-2026 at the NBB all 48 filings

Turnover
≈ €590,000
Estimated: probably between €530,000 and €660,000
EBIT margin
Not included in this filing
Net result
€115,920▼ 87.6%
2024 · €934,698
Working capital
-€2.3m▲ 42.6%
2024 · -€4.0m
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result for 2025 is 66% lower than in 2024.

Operating result€0.4m 2025 Net result€0.1m 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€0.2m-€0.09m▼ 58.9%€0.5m▲ 435%€0.2m▼ 64.0%€0.8m▲ 379%€1.2m▲ 42.9%€0.4m▼ 66.0%
Net result€0.1m-€0.002mwithin the sector's middle half▼ 98.6%€0.3mabove the sector's middle half▲ 203×€0.07mwithin the sector's middle half▼ 78.4%€0.6mabove the sector's middle half▲ 795%€0.9mabove the sector's middle half▲ 50.3%€0.1mwithin the sector's middle half▼ 87.6%
Equity€0.4m-€0.4mwithin the sector's middle half▲ 0.4%€0.7mwithin the sector's middle half▲ 78.0%€0.8mwithin the sector's middle half▲ 9.5%€1.4mwithin the sector's middle half▲ 77.4%€2.4mabove the sector's middle half▲ 65.6%€2.5mwithin the sector's middle half▲ 4.9%
Total assets€8.1m-€7.3mabove the sector's middle half▼ 9.7%€4.9mabove the sector's middle half▼ 33.0%€4.6mwithin the sector's middle half▼ 7.1%€7.7mabove the sector's middle half▲ 69.6%€7.1mabove the sector's middle half▼ 8.7%€8.1mwithin the sector's middle half▲ 15.1%
Debt€7.5m-€6.8m▼ 9.0%€4.2m▼ 38.9%€3.8m▼ 10.1%€6.3m▲ 68.0%€4.7m▼ 25.4%€5.7m▲ 20.2%
Working capital-€1.8m--€3.5mbelow the sector's middle half▼ 90.9%-€1.9mbelow the sector's middle half▲ 45.4%-€1.8mbelow the sector's middle half▲ 6.6%-€4.7mbelow the sector's middle half▼ 164%-€4.0mbelow the sector's middle half▲ 13.7%-€2.3mbelow the sector's middle half▲ 42.6%
Solvency5.1%-5.6%below the sector's middle half▲ 0.6pp15.0%within the sector's middle half▲ 9.3pp17.6%within the sector's middle half▲ 2.7pp18.4%within the sector's middle half▲ 0.8pp33.4%within the sector's middle half▲ 15.0pp30.5%within the sector's middle half▼ 3.0pp
Current ratio0.57-0.37below the sector's middle half▼ 0.200.42below the sector's middle half▲ 0.050.40below the sector's middle half▼ 0.020.20below the sector's middle half▼ 0.200.09below the sector's middle half▼ 0.110.20below the sector's middle half▲ 0.11
Return on assets (ROA)1.4%-0.0%within the sector's middle half▼ 1.3pp6.6%above the sector's middle half▲ 6.5pp1.5%within the sector's middle half▼ 5.0pp8.0%above the sector's middle half▲ 6.5pp13.2%above the sector's middle half▲ 5.2pp1.4%within the sector's middle half▼ 11.8pp
Staff (FTE)10.9-22.9above the sector's middle half▲ 110%12.7above the sector's middle half▼ 44.5%
above within below The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Large changes and their cause
  • 2025 Net result -88% on 2024. The accounts now follow the full format, last year the abbreviated format.
  • 2024 Net result +50% on 2023. The previous financial year ran 18 months, this one 12.
  • 2023 Net result +795% on 2022. This financial year ran 18 months, the previous one 12.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.1m
Fixed assets €7.6m ▲ 13.4%
Current assets €570,848 ▲ 43.8%
Equity and liabilities €8.1m
Equity €2.5m ▲ 4.9%
Debt €5.7m ▲ 20.2%
Debt's share of the balance-sheet total rises from 66.6% to 69.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€493,811▼
2024 · €1.3m
Cash flow
€204,679▼
2024 · €1.0m
Quick ratio
0.20▲
2024 · 0.09
Debt to equity
2.28▲
2024 · 1.99
ROE
4.7%▼
2024 · 39.6%
Interest coverage
1.49▼
2024 · 3.93
Debt ≤ 1 year
€2.9m▼
2024 · €4.4m
Debt > 1 year
€2.7m▲
2024 · €260,036
Income taxes
€78
Staff costs
€6,318
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as Techlog Genk: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €5.4m and €11m, founded between 1924 and 1964.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
Techlog Genk Genk1945€8.1m€2.5m€0.5m€0.1m-2025
BEVEREKOUTER Oudenaarde1948€8.7m€1.0m€0.5m€0.1m02025
MONY Houffalize1945€6.4m€5.1m€0.6m-€0.02m2.32025
COMPAGNIE FINANCIERE, IMMOBILIERE ET INDUSTRIELLE ALFI Chaudfontaine1964€7.8m€7.7m€0.5m-€0.05m-2025
L'HERITAGE Lasne1932€5.4m€4.8m€0.5m€0.1m3.62025
BINWEY Jette1946€11.0m€8.6m€0.8m€0.3m32025
Begijnhof Sinte-Elisabeth te Sint-Amandsberg Gent1924€8.8m€6.5m€0.8m€0.09m3.92025

They were chosen from the 7,230 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines

Source: Annual accounts 2025 at the NBB, filed on 09-07-2026.

Balance sheet Code20242025
Assets
Total assets20/58€7.1m€8.1m▲
Fixed assets21/28€6.7m€7.6m▲
Tangible fixed assets22/27€2.1m€3.0m▲
Land and buildings22€0.7m€0.7m▼
Plant, machinery and equipment23€0.02m€0.3m▲
Furniture and vehicles24€0.002m€0.6m▲
Leasing and similar rights25€1.3m€1.3m▼
Other tangible fixed assets26€0.03m€0.1m▲
Financial fixed assets28€4.6m€4.6m=
Current assets29/58€0.4m€0.6m▲
Stocks and contracts in progress3-€0.003m
Stocks30/36-€0.003m
Amounts receivable within one year40/41€0.4m€0.6m▲
Trade receivables40€0.4m€0.3m▼
Other amounts receivable41€0.01m€0.2m▲
Deferred charges and accrued income490/1€200€0.001m▲
Equity and liabilities
Total equity and liabilities10/49€7.1m€8.1m▲
Equity10/15€2.4m€2.5m▲
Contributions10/11€1.7m€1.7m=
Capital10€1.7m€1.7m=
Issued capital100€1.7m€1.7m=
Revaluation surpluses12€0.6m€0.6m=
Reserves13€0.5m€0.5m=
Non-distributable reserves130/1€0.09m€0.09m=
Legal reserve130€0.09m€0.09m=
Tax-exempt reserves132€0.4m€0.4m=
Profit (loss) carried forward14-€0.5m-€0.4m▲
Amounts payable17/49€4.7m€5.7m▲
Amounts payable after more than one year17€0.3m€2.7m▲
Financial debts170/4€0.3m€2.7m▲
Amounts payable within one year42/48€4.4m€2.9m▼
Current portion of amounts payable after more than one year42€0.2m€0.7m▲
Trade debts44€3.5m€2.2m▼
Suppliers440/4€3.5m€2.2m▼
Taxes, remuneration and social security45€0.7m-
Taxes450/3€0.7m-
Accrued charges and deferred income492/3€0.02m€0.02m▲
Income statement Code20242025
Remuneration, social security and pensions62-€0.006m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.08m€0.09m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€0.006m
Other operating charges640/8€0.05m€0.03m▼
Gross operating margin9900€1.3m€0.5m▼
Operating profit (loss)9901€1.2m€0.4m▼
Financial income75/76B€0.07m€0.04m▼
Recurring financial income75€0.07m€0.04m▼
Financial charges65/66B€0.3m€0.3m▲
Recurring financial charges65€0.3m€0.3m▲
Profit (loss) for the period before taxes9903€0.9m€0.1m▼
Income taxes67/77-€78
Profit (loss) for the period9904€0.9m€0.1m▼
Profit (loss) for the period to be appropriated9905€0.9m€0.1m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€0.5m-€0.4m▲
Profit (loss) brought forward from the previous period14P-€1.4m-€0.5m▲

The notes to these accounts have 15 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.

Line2019202020212022202320242025Change
Remuneration, social security and pensions62----€0.004m-€0.006m-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.5m€0.5m€0.2m€0.2m€0.4m€0.08m€0.09m▲ 8.2%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€0.006m-€0.004m--€0.006m-
Other operating charges640/8---€0.1m€0.05m€0.05m€0.03m▼ 31.3%
Gross operating margin9900€1.7m€1.8m€1.4m€0.5m€1.3m€1.3m€0.5m▼ 60.1%
Operating profit (loss)9901€0.2m€0.09m€0.5m€0.2m€0.8m€1.2m€0.4m▼ 66.0%
Financial income75/76B---€258€0.04m€0.07m€0.04m▼ 35.3%
Recurring financial income75€0.02m-€0.001m€258€0.04m€0.07m€0.04m▼ 35.3%
Financial charges65/66B---€0.1m€0.3m€0.3m€0.3m▲ 2.3%
Recurring financial charges65€0.2m€0.1m€0.2m€0.1m€0.3m€0.3m€0.3m▲ 2.3%
Profit (loss) for the period before taxes9903€0.1m€0.003m€0.3m€0.07m€0.6m€0.9m€0.1m▼ 87.6%
Income taxes67/77€0.001m€0.001m€372€54€0.004m-€78-
Profit (loss) for the period9904€0.1m€0.002m€0.3m€0.07m€0.6m€0.9m€0.1m▼ 87.6%
Profit (loss) for the period to be appropriated9905€0.1m€0.002m€0.3m€0.07m€0.6m€0.9m€0.1m▼ 87.6%
Line2019202020212022202320242025Change
Assets
Total assets20/58€8.1m€7.3m€4.9m€4.6m€7.7m€7.1m€8.1m▲ 15.1%
Fixed assets21/28€5.7m€5.3m€3.5m€3.4m€6.6m€6.7m€7.6m▲ 13.4%
Tangible fixed assets22/27€5.5m€5.2m€3.5m€3.3m€6.5m€2.1m€3.0m▲ 42.8%
Land and buildings22---€0.9m€0.8m€0.7m€0.7m▼ 0.6%
Plant, machinery and equipment23---€0.1m€3.6m€0.02m€0.3m▲ 22×
Furniture and vehicles24---€0.08m€0.03m€0.002m€0.6m▲ 284×
Leasing and similar rights25---€1.4m€1.4m€1.3m€1.3m▼ 3.8%
Other tangible fixed assets26---€0.8m€0.7m€0.03m€0.1m▲ 206%
Financial fixed assets28€0.2m€0.08m€0.08m€0.08m€0.06m€4.6m€4.6m=
Current assets29/58€2.4m€2.0m€1.4m€1.2m€1.2m€0.4m€0.6m▲ 43.8%
Stocks and contracts in progress3€0.2m€0.2m€0.2m€0.3m--€0.003m-
Stocks30/36---€0.3m--€0.003m-
Amounts receivable within one year40/41€2.2m€1.7m€1.1m€0.9m€1.2m€0.4m€0.6m▲ 43.0%
Trade receivables40---€0.8m€0.3m€0.4m€0.3m▼ 9.5%
Other amounts receivable41---€0.002m€0.8m€0.01m€0.2m▲ 21×
Cash at bank and in hand54/58€164-------
Deferred charges and accrued income490/1---€0.05m-€200€0.001m▲ 392%
Equity and liabilities
Total equity and liabilities10/49€8.1m€7.3m€4.9m€4.6m€7.7m€7.1m€8.1m▲ 15.1%
Equity10/15€0.4m€0.4m€0.7m€0.8m€1.4m€2.4m€2.5m▲ 4.9%
Contributions10/11€1.7m€1.7m€1.7m€1.7m€1.7m€1.7m€1.7m=
Capital10---€1.7m€1.7m€1.7m€1.7m=
Issued capital100---€1.7m€1.7m€1.7m€1.7m=
Revaluation surpluses12---€0.6m€0.6m€0.6m€0.6m=
Reserves13€0.5m€0.5m€0.5m€0.5m€0.5m€0.5m€0.5m=
Non-distributable reserves130/1---€0.09m€0.09m€0.09m€0.09m=
Legal reserve130---€0.09m€0.09m€0.09m€0.09m=
Tax-exempt reserves132---€0.4m€0.4m€0.4m€0.4m=
Profit (loss) carried forward14-€2.5m-€2.5m-€2.1m-€2.1m-€1.4m-€0.5m-€0.4m▲ 22.8%
Provisions and deferred taxes16€0.2m€0.07m------
Amounts payable17/49€7.5m€6.8m€4.2m€3.8m€6.3m€4.7m€5.7m▲ 20.2%
Amounts payable after more than one year17€3.1m€1.3m€0.9m€0.7m€0.5m€0.3m€2.7m▲ 957%
Financial debts170/4---€0.7m€0.5m€0.3m€2.7m▲ 957%
Amounts payable within one year42/48€4.2m€5.5m€3.3m€2.9m€5.8m€4.4m€2.9m▼ 34.9%
Current portion of amounts payable after more than one year42---€0.1m€0.2m€0.2m€0.7m▲ 242%
Trade debts44€3.3m€4.4m€3.0m€2.8m€5.6m€3.5m€2.2m▼ 36.6%
Suppliers440/4---€2.8m€5.6m€3.5m€2.2m▼ 36.6%
Taxes, remuneration and social security45----€0.004m€0.7m--
Taxes450/3----€0.004m€0.7m--
Accrued charges and deferred income492/3---€0.07m€0.02m€0.02m€0.02m▲ 27.4%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€0.1m€0.002m€0.3m€0.07m€0.6m€0.9m€0.1m▼ 87.6%
+ Depreciation and write-downs630€0.5m€0.5m€0.2m€0.2m€0.4m€0.08m€0.09m▲ 8.2%
Operating cash flow (approximation)€0.6m€0.5m€0.5m€0.3m€1.0m€1.0m€0.2m▼ 79.9%
Investment in fixed assets (approximation)--€0.06m€1.5m-€0.05m-€3.6m-€0.2m-€1.0m▼ 460%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 48 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 09-07-2026 2026-00279355 NBB
31-12-2024 abbreviated format 07-07-2025 2025-00243903 PDF
31-12-2023 abbreviated format 19-07-2024 2024-00273853 PDF
30-06-2022 abbreviated format 30-01-2023 2023-00015358 PDF
30-06-2021 abbreviated format 27-11-2021 2021-78500086 PDF
30-06-2020 abbreviated format 15-10-2020 2020-62500194 PDF
30-06-2019 abbreviated format 07-11-2019 2019-73400092 PDF
31-12-2017 abbreviated format 29-06-2018 2018-26000087 PDF
31-12-2016 abbreviated format 28-07-2017 2017-37300529 PDF
31-12-2015 abbreviated format 31-08-2016 2016-57500441 PDF

Show all 48 filings

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