TECHMAT
ActiveSummary
TECHMAT has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€30,136). Equity remains stable across the filed financial years (±0% per year). The computed 12-month bankruptcy probability is 1.2% (low).
Financials · financial year 2025, micro format
Equity
-€30,136=
2024 · -€30,136
Total assets
€17,205=
2024 · €17,205
Net result
€850
2020 · -€834
Working capital
-€30,136=
2024 · -€30,136
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
2022 is the only financial year with figures: the operating result is €850.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€850
2022
Net result€850
2022
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€17,205
2025
Equity-€30,136
2025
Debt€47,340
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€30,136
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€10,697--€1,476▲ 86.2%-€802▲ 45.7%€850
Net result-€10,719--€1,546▲ 85.6%-€834▲ 46.1%€850
Equity-€28,606--€30,152▼ 5.4%-€30,986▼ 2.8%-€30,986=-€30,136▲ 2.7%-€30,136=-€30,136=-€30,136=
Total assets€19,511-€16,515▼ 15.4%€16,173▼ 2.1%€16,173=€17,415▲ 7.7%€17,205▼ 1.2%€17,205=€17,205=
Debt€48,117-€46,667▼ 3.0%€47,159▲ 1.1%€47,159=€47,550▲ 0.8%€47,340▼ 0.4%€47,340=€47,340=
Working capital-€28,606--€30,152▼ 5.4%-€30,986▼ 2.8%-€30,986=-€30,136▲ 2.7%-€30,136=-€30,136=-€30,136=
Turnover and EBIT margin not published: the micro format does not require them.
Key figures and ratios
Solvency
-175.2%=
2024 · -175.2%
Current ratio
0.36=
2024 · 0.36
Quick ratio
0.06=
2024 · 0.06
Debt ≤ 1 year
€47,340=
2024 · €47,340
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €280 | - | - | - | - | - | - | - | - |
| Other operating charges640/8 | €680 | - | - | - | - | - | - | - | - |
| Gross operating margin9900 | -€9,737 | -€1,022 | -€802 | - | €850 | - | - | - | - |
| Operating profit (loss)9901 | -€10,697 | -€1,476 | -€802 | - | €850 | - | - | - | - |
| Financial income75/76B | €80 | - | - | - | - | - | - | - | - |
| Recurring financial income75 | €80 | - | - | - | - | - | - | - | - |
| Financial charges65/66B | €102 | - | - | - | - | - | - | - | - |
| Recurring financial charges65 | €102 | €70 | €32 | - | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€10,719 | -€1,546 | -€834 | - | €850 | - | - | - | - |
| Profit (loss) for the period9904 | -€10,719 | -€1,546 | -€834 | - | €850 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€10,719 | -€1,546 | -€834 | - | €850 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €19,511 | €16,515 | €16,173 | €16,173 | €17,415 | €17,205 | €17,205 | €17,205 | = |
| Current assets29/58 | €19,511 | €16,515 | €16,173 | €16,173 | €17,415 | €17,205 | €17,205 | €17,205 | = |
| Stocks and contracts in progress3 | €14,400 | €14,400 | €14,400 | €14,400 | €14,400 | €14,400 | €14,400 | €14,400 | = |
| Stocks30/36 | €14,400 | - | - | €14,400 | €14,400 | €14,400 | €14,400 | €14,400 | = |
| Amounts receivable within one year40/41 | €5,111 | €2,105 | €1,773 | €1,773 | €3,015 | €2,805 | €2,805 | €2,805 | = |
| Trade receivables40 | €5,111 | - | - | €1,425 | €2,635 | €2,635 | €2,635 | €2,635 | = |
| Other amounts receivable41 | - | - | - | €349 | €380 | €170 | €170 | €170 | = |
| Cash at bank and in hand54/58 | - | €10 | - | - | - | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €19,511 | €16,515 | €16,173 | €16,173 | €17,415 | €17,205 | €17,205 | €17,205 | = |
| Equity10/15 | -€28,606 | -€30,152 | -€30,986 | -€30,986 | -€30,136 | -€30,136 | -€30,136 | -€30,136 | = |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | €18,600 | - | - | - | - | - | - | - | - |
| Issued capital100 | €18,600 | - | - | - | - | - | - | - | - |
| Contributions outside capital11 | - | - | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Other1109/19 | - | - | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€47,206 | -€48,752 | -€49,586 | -€49,586 | -€48,736 | -€48,736 | -€48,736 | -€48,736 | = |
| Amounts payable17/49 | €48,117 | €46,667 | €47,159 | €47,159 | €47,550 | €47,340 | €47,340 | €47,340 | = |
| Amounts payable within one year42/48 | €48,117 | €46,667 | €47,159 | €47,159 | €47,550 | €47,340 | €47,340 | €47,340 | = |
| Financial debts43 | - | - | - | €9 | €9 | €9 | €9 | €9 | = |
| Credit institutions430/8 | - | - | - | €9 | €9 | €9 | €9 | €9 | = |
| Trade debts44 | €10,361 | €10,742 | €11,226 | €11,226 | €11,407 | €11,407 | €11,407 | €11,407 | = |
| Suppliers440/4 | €10,361 | - | - | €11,226 | €11,407 | €11,407 | €11,407 | €11,407 | = |
| Taxes, remuneration and social security45 | €484 | - | - | - | €210 | - | - | - | - |
| Taxes450/3 | €484 | - | - | - | €210 | - | - | - | - |
| Other amounts payable47/48 | €37,272 | - | - | €35,924 | €35,924 | €35,924 | €35,924 | €35,924 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,719 | -€1,546 | -€834 | - | €850 | - | - | - | - |
| + Depreciation and write-downs630 | €280 | - | - | - | - | - | - | - | - |
| Operating cash flow (approximation) | -€10,439 | -€1,546 | -€834 | - | €850 | - | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 25-05-2026 | 2026-00123136 |
| 31-12-2024 | micro format | 24-07-2025 | 2025-00325053 |
| 31-12-2023 | micro format | 21-08-2024 | 2024-00360022 |
| 31-12-2022 | micro format | 01-09-2023 | 2023-00416324 |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20405035 |
| 31-12-2020 | micro format | 09-09-2021 | 2021-67200099 |
| 31-12-2019 | micro format | 18-12-2020 | 2020-76900324 |
| 31-12-2018 | micro format | 02-12-2019 | 2019-75400421 |
| 31-12-2017 | micro format | 18-09-2018 | 2018-64200374 |
| 31-12-2016 | micro format | 28-07-2017 | 2017-37500065 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.