TECHMAS
ActiveSummary
TECHMAS has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€2,156) and a net result of -€676. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 406 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability36▲+36
Solvency24=
Growth22=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.01 against 1.01 in 2024; short-term debt: 98.8% and cash: 0.3% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
-1.3%
Return on assets
-0.4%
Age of the figures
9 mo
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 · 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 -€2,156
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
25 d late
2024
55 d late
2023
28 d late
2022
51 d late
2021
25 d late
2020
16 d late
2019
59 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 37 days after the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 32% of the sector filed late.
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
€98,981▼ 24.4%
2019 · €131,008
EBIT margin
5.0%▼ 8.3pp
2019 · 13.3%
Net result
-€676▲ 98.7%
2024 · -€51,427
Working capital
€2,044▲ 34.5%
2024 · €1,520
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€51,746▲ 953%€2,119▼ 95.9%-€6,225-€50,693▼ 714%€491
Net result€34,515▲ 986%€1,361▼ 96.1%-€7,611-€51,427▼ 576%-€676▲ 98.7%
EBIT margin
Equity€56,197▲ 159%€57,558▲ 2.4%€49,947▼ 13.2%-€1,480-€2,156▼ 45.7%
Total assets€209,073▲ 73.2%€169,637▼ 18.9%€184,067▲ 8.5%€152,638▼ 17.1%€168,379▲ 10.3%
Debt€152,876▲ 54.4%€112,079▼ 26.7%€134,120▲ 19.7%€154,118▲ 14.9%€170,535▲ 10.7%
Working capital€59,197▲ 170%€60,558▲ 2.3%€59,915▼ 1.1%€1,520▼ 97.5%€2,044▲ 34.5%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €491 after a loss of €50,693 in 2024.
Key figures and ratios
Solvency
-1.3%▼
2024 · -1.0%
Current ratio
1.01▲
2024 · 1.01
Debt to equity
-79.10
ROA
-0.4%▲
2024 · -33.7%
Debt ≤ 1 year
€166,335▲
2024 · €151,118
Income taxes
€979▲
2024 · €535
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €10,281 | €415 | - | €405 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,733 | - | - | - | - | - |
| Other operating charges640/8 | €1,979 | €2,469 | €1,908 | €3,334 | €2,038 | ▼ 38.9% |
| Non-recurring operating charges66A | €349 | €500 | - | - | - | - |
| Gross operating margin9900 | €56,807 | €5,088 | -€4,317 | -€47,359 | €2,529 | ▲ 105% |
| Operating profit (loss)9901 | €51,746 | €2,119 | -€6,225 | -€50,693 | €491 | ▲ 101% |
| Financial charges65/66B | €163 | €198 | €181 | €199 | €188 | ▼ 5.5% |
| Recurring financial charges65 | €163 | €198 | €181 | €199 | €188 | ▼ 5.5% |
| Profit (loss) for the period before taxes9903 | €51,583 | €1,921 | -€6,406 | -€50,892 | €303 | ▲ 101% |
| Income taxes67/77 | €17,068 | €560 | €1,205 | €535 | €979 | ▲ 83.0% |
| Profit (loss) for the period9904 | €34,515 | €1,361 | -€7,611 | -€51,427 | -€676 | ▲ 98.7% |
| Profit (loss) for the period to be appropriated9905 | €34,515 | €1,361 | -€7,611 | -€51,427 | -€676 | ▲ 98.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €209,073 | €169,637 | €184,067 | €152,638 | €168,379 | ▲ 10.3% |
| Current assets29/58 | €209,073 | €169,637 | €184,067 | €152,638 | €168,379 | ▲ 10.3% |
| Amounts receivable after more than one year29 | - | - | €115,652 | €115,652 | €115,652 | = |
| Trade receivables290 | - | - | €115,652 | €115,652 | €115,652 | = |
| Amounts receivable within one year40/41 | €158,776 | €148,395 | €61,322 | €29,816 | €46,893 | ▲ 57.3% |
| Trade receivables40 | €158,146 | €145,453 | €54,666 | €28,337 | €45,285 | ▲ 59.8% |
| Other amounts receivable41 | €630 | €2,942 | €6,656 | €1,479 | €1,608 | ▲ 8.7% |
| Cash at bank and in hand54/58 | €50,297 | €15,992 | €1,843 | €1,920 | €584 | ▼ 69.6% |
| Deferred charges and accrued income490/1 | - | €5,250 | €5,250 | €5,250 | €5,250 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €209,073 | €169,637 | €184,067 | €152,638 | €168,379 | ▲ 10.3% |
| Equity10/15 | €56,197 | €57,558 | €49,947 | -€1,480 | -€2,156 | ▼ 45.7% |
| Contributions10/11 | €18,600 | €18,600 | - | - | - | - |
| Capital10 | €18,600 | - | - | - | - | - |
| Issued capital100 | €18,600 | - | - | - | - | - |
| Reserves13 | €31,860 | €31,860 | €50,460 | €50,460 | €50,460 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | €1,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €30,000 | €30,000 | €48,600 | €48,600 | €48,600 | = |
| Profit (loss) carried forward14 | €5,737 | €7,098 | -€513 | -€51,940 | -€52,616 | ▼ 1.3% |
| Amounts payable17/49 | €152,876 | €112,079 | €134,120 | €154,118 | €170,535 | ▲ 10.7% |
| Amounts payable within one year42/48 | €149,876 | €109,079 | €124,152 | €151,118 | €166,335 | ▲ 10.1% |
| Trade debts44 | €72,604 | €33,508 | €36,735 | €30,872 | €32,038 | ▲ 3.8% |
| Suppliers440/4 | €72,604 | €33,508 | €36,735 | €30,872 | €32,038 | ▲ 3.8% |
| Taxes, remuneration and social security45 | €47,383 | €60,578 | €1,577 | €2,118 | €2,038 | ▼ 3.8% |
| Taxes450/3 | €17,383 | €18,578 | €1,577 | €2,118 | €2,038 | ▼ 3.8% |
| Remuneration and social security454/9 | €30,000 | €42,000 | - | - | - | - |
| Other amounts payable47/48 | €29,889 | €14,993 | €85,840 | €118,128 | €132,259 | ▲ 12.0% |
| Accrued charges and deferred income492/3 | €3,000 | €3,000 | €9,968 | €3,000 | €4,200 | ▲ 40.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €34,515 | €1,361 | -€7,611 | -€51,427 | -€676 | ▲ 98.7% |
| + Depreciation and write-downs630 | €2,733 | - | - | - | - | - |
| Operating cash flow (approximation) | €37,248 | €1,361 | -€7,611 | -€51,427 | -€676 | ▲ 98.7% |
| Change in cash | - | -€34,305 | -€14,149 | €77 | -€1,336 | ▼ 1,835% |
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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
2025
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 55 days late
2024
31-12
Financial
Weakest financial yearnet -€51,427
Net result drops to -€51,427, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 28 days late
2023
20-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 51 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 25 days late
2021
31-12
Financial
Highest result since 2018net €34,515 ▲986%
Operating result €51,746, net result €34,515, both a record.
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 16 days late
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 59 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 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 2 acts read
About the unread acts
We know of 2 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
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, Lasne · 1 establishment unit since 2004
Ground area
3,161 m²
Building footprint
281 m²
Volume, LiDAR
1,870 m³
Parcel 25024A0194/00A000, Wallonia · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TECHMAS
since 20042.142.152.948
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25024A0194/00A000 | Wallonia | 3,161 m² | 1 · 281 m² | 9.8 m · 2 fl. |
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.
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Of 346 companies in sector 28990 we hold annual accounts for 278. 146 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
Founded12-10-2004
Fiscal year end31-12
Activities, NACEBEL 2025
28990Manufacture of machinery and equipment not elsewhere classified
68121Development of residential building projects
46630Wholesale trade
47789Other retail sale of new goods
77320Rental and leasing activities
77399Renting and leasing of other machinery, equipment and tangible goods
Contact
E-mail
info@techmas.comLasne
Scores and ratios are computed by Checked and are not a credit decision.