Debts
Of this, €471,258 falls due within a year.
Of this, €471,258 falls due within a year.
Green is investment, beige is depreciation. Land and buildings stand 14.4% higher than in 2024.
Latest accounts filed late: after the legal deadline.
The dashed line is the sector median: 0.1% across 14,826 companies (NACE 71, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro). It does better than 21% of them on solvency, 13% on liquidity, 21% on profitability and 35% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 1,423 companies had the same profile as TECHMICRO has now. Each dot stands for 4 companies, two years later.
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TECHMICRO itself: 0.5% within 12 months.
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,423 companies, not a prediction for TECHMICRO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.22 (0.26 in 2024), below 1. Short-term debt is 46.2% and cash 3.1% of total assets. 81.7% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 49 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| TECHMICRO Tournai | €1.0m | €90,473 | 18.3% | - |
| LDC SYSTEMS Wetteren | €1.1m | €89,048 | 71.6% | - |
| DE LAERE GROUP Ghent | €0.9m | €82,652 | 41.9% | - |
| WDC ENGINEERING Wijnegem | €1.2m | €99,093 | 13.8% | - |
| BENCO Beveren-Kruibeke-Zwijndrecht | €0.9m | €77,933 | 44.6% | - |
| DURETEC Herentals | €0.8m | €95,390 | 64.2% | - |
| Contrarian Antwerp | €1.1m | €71,036 | 48.3% | - |
These companies have the same main activity as TECHMICRO: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €821,000 and €1.2m, founded between 2014 and 2017.
TECHMICRO files the abbreviated format. That format states no turnover. The gross margin rose from €89,625 in 2017 to €90,473 in 2025.
The balance sheet grew most from 2022 to 2024 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €200,000. Estimated: probably between €150,000 and €300,000.
Higher than 22% of 2,559 companies in 2025.
Lower than 95% of 2,516 companies in 2025.
Higher than 21% of 2,537 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
Total assets20/58 |
1.0m | 945,031 | 865,690 | 782,955 | 465,331 | 489,103 | 524,520 | 450,749 | 118,677 | |
Fixed assets21/28 |
913,694 | 842,927 | 754,359 | 721,240 | 398,312 | 382,814 | 411,870 | 404,068 | 67,032 | |
Tangible fixed assets22/27 |
892,683 | 810,340 | 718,659 | 688,240 | 365,312 | 382,814 | 411,870 | 404,068 | 67,032 | |
Land and buildings22 |
840,099 | 734,133 | 617,468 | 638,918 | 311,212 | 320,909 | 330,606 | 340,303 | - | |
Plant, machinery and equipment23 |
15,885 | 21,592 | 27,389 | 25,458 | 32,072 | 30,690 | 30,544 | 40,432 | 31,123 | |
Furniture and vehicles24 |
3,167 | 5,604 | 9,315 | 23,865 | 22,028 | 31,215 | 50,720 | 23,333 | 35,909 | |
Leasing and similar rights25 |
33,533 | 49,010 | 64,487 | - | - | - | - | - | - | |
Financial fixed assets28 |
21,011 | 32,588 | 35,700 | 33,000 | 33,000 | - | - | - | - | |
Current assets29/58 |
105,646 | 102,104 | 111,331 | 61,715 | 67,019 | 106,289 | 112,650 | 46,681 | 51,645 | |
Amounts receivable within one year40/41 |
73,584 | 53,357 | 57,496 | 2,920 | 4,948 | 61,875 | - | 5,996 | - | |
Trade receivables40 |
58,164 | 51,323 | 57,496 | 2,723 | - | 54,121 | - | - | - | |
Other amounts receivable41 |
15,420 | 2,034 | - | 197 | 4,948 | 7,754 | - | 5,996 | - | |
Current investments50/53 |
68 | 68 | 68 | 68 | 68 | 68 | 3,500 | - | - | |
Cash at bank and in hand54/58 |
31,480 | 48,177 | 53,216 | 58,238 | 61,515 | 44,346 | 109,150 | 40,685 | 51,645 | |
Deferred charges and accrued income490/1 |
514 | 502 | 552 | 489 | 489 | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||
Total equity and liabilities10/49 |
1.0m | 945,031 | 865,690 | 782,955 | 465,331 | 489,103 | 524,520 | 450,749 | 118,677 | |
Equity10/15 |
186,235 | 189,508 | 154,586 | 84,932 | 130,100 | 114,270 | 61,802 | 20,995 | 36,024 | |
Contributions10/11 |
20,460 | 20,460 | 20,460 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
Issued capital100 |
- | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | |
Uncalled capital101 |
- | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | |
Reserves13 |
- | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
Non-distributable reserves130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | |
Legal reserve130 |
- | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | |
Reserves not available under the articles1311 |
- | - | - | 1,860 | 1,860 | - | - | - | - | |
Profit (loss) carried forward14 |
165,775 | 169,048 | 134,126 | 76,872 | 122,040 | 106,210 | 53,742 | 12,935 | 27,964 | |
Amounts payable17/49 |
833,105 | 755,523 | 711,104 | 698,023 | 335,231 | 374,833 | 462,718 | 429,754 | 82,653 | |
Amounts payable after more than one year17 |
332,894 | 347,265 | 338,390 | 310,670 | 221,130 | 246,636 | 280,915 | 270,646 | 23,789 | |
Financial debts170/4 |
332,894 | 347,265 | 338,390 | 310,670 | 221,130 | 246,636 | 280,915 | 270,646 | 23,789 | |
Amounts payable within one year42/48 |
471,258 | 387,941 | 359,588 | 382,262 | 113,152 | 127,297 | 180,703 | 157,978 | 55,764 | |
Current portion of amounts payable after more than one year42 |
54,727 | 47,896 | 35,966 | 42,374 | 25,505 | 24,962 | 38,409 | 24,239 | 13,140 | |
Trade debts44 |
31,450 | 20,453 | 51,532 | 59,042 | 5,966 | 8,615 | 2,176 | 1,524 | 1,628 | |
Suppliers440/4 |
31,450 | 20,453 | 51,532 | 46,831 | 5,966 | 8,615 | 2,176 | 1,524 | 1,628 | |
Bills of exchange payable441 |
- | - | - | 12,211 | - | - | - | - | - | |
Taxes, remuneration and social security45 |
2,999 | 10,833 | 5,462 | 11,840 | 11,286 | 10,231 | 9,961 | 10,455 | 19,698 | |
Taxes450/3 |
2,999 | 10,833 | 3,212 | 9,590 | 9,036 | 10,231 | 9,961 | 10,455 | 19,698 | |
Remuneration and social security454/9 |
- | - | 2,250 | 2,250 | 2,250 | - | - | - | - | |
Other amounts payable47/48 |
382,083 | 308,759 | 266,628 | 269,006 | 70,395 | 83,489 | 130,157 | 121,760 | 21,298 | |
Accrued charges and deferred income492/3 |
28,953 | 20,318 | 13,126 | 5,091 | 948 | 900 | 1,100 | 1,130 | 3,100 | |
| Income statement | ||||||||||
Non-recurring operating income76A |
- | - | - | - | - | 5,000 | - | - | - | |
Gross operating margin9900 |
90,473 | 131,343 | 123,760 | 46,192 | 57,004 | 105,147 | 98,823 | 78,085 | 89,625 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
57,301 | 48,429 | 45,127 | 77,920 | 29,501 | 32,546 | 40,193 | 84,920 | 46,615 | |
Other operating charges640/8 |
14,887 | 21,137 | 2,905 | 2,016 | 1,443 | 1,573 | 1,425 | 553 | 1,471 | |
Non-recurring operating charges66A |
- | - | - | - | - | - | 5,738 | - | - | |
Operating profit (loss)9901 |
18,285 | 61,777 | 75,728 | -33,744 | 26,060 | 71,028 | 51,467 | -7,388 | 41,539 | |
Financial income75/76B |
25 | 199 | 259 | 168 | 0 | - | 3 | - | 197 | |
Recurring financial income75 |
25 | 199 | 259 | 168 | 0 | - | 3 | - | 197 | |
Financial charges65/66B |
20,831 | 16,968 | 16,405 | 12,188 | 5,797 | 6,314 | 6,087 | 7,641 | 1,458 | |
Recurring financial charges65 |
20,831 | 16,968 | 16,405 | 12,188 | 5,797 | 6,314 | 6,087 | 7,641 | 1,458 | |
Profit (loss) for the period before taxes9903 |
-2,522 | 45,007 | 59,582 | -45,763 | 20,263 | 64,714 | 45,383 | -15,029 | 40,278 | |
Income taxes67/77 |
751 | 10,085 | 2,328 | -595 | 4,433 | 12,246 | 4,576 | - | 10,454 | |
Profit (loss) for the period9904 |
-3,273 | 34,922 | 57,254 | -45,168 | 15,830 | 52,468 | 40,807 | -15,029 | 29,824 | |
Profit (loss) for the period to be appropriated9905 |
-3,273 | 34,922 | 57,254 | -45,168 | 15,830 | 52,468 | 40,807 | -15,029 | 29,824 | |
| Appropriation of the result | ||||||||||
Profit (loss) to be appropriated9906 |
165,775 | 169,048 | 134,126 | 76,872 | 122,040 | 106,210 | 53,742 | 12,935 | 29,824 | |
Profit (loss) brought forward from the previous period14P |
169,048 | 134,126 | 76,872 | 122,040 | 106,210 | - | - | - | - | |
Transfer from equity791/2 |
- | - | 1,860 | - | - | - | - | - | - | |
Transfer to equity691/2 |
- | - | 1,860 | - | - | - | - | - | 1,860 | |
Addition to contributions691 |
- | - | 1,860 | - | - | - | - | - | - | |
To the legal reserve6920 |
- | - | - | - | - | - | - | - | 1,860 | |
| Document | ||||||||||
The notes to these accounts have 10 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.
Source: Annual accounts 2025 at the NBB, filed on 13-10-2026.
2025 annual accounts filed 74 days after the deadline. Filed on 13 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00555351.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 13-10-2026 | 2026-00555351 | |
| 31-12-2024 | full format | 25-09-2025 | 2025-00501996 | |
| 31-12-2023 | full format | 31-08-2024 | 2024-00423086 | |
| 31-12-2022 | micro format | 31-10-2023 | 2023-00500195 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20370539 | |
| 31-12-2020 | full format | 31-08-2021 | 2021-58500505 | |
| 31-12-2019 | full format | 31-08-2020 | 2020-47000356 | |
| 31-12-2018 | full format | 29-08-2019 | 2019-53600067 | |
| 31-12-2017 | full format | 30-08-2018 | 2018-53200538 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | 75,586 | 110,206 | 120,855 | 44,176 | 55,560 | 103,574 | 91,660 | 77,532 | 88,154 | |
| Cash flow | 54,028 | 83,351 | 102,381 | 32,751 | 45,331 | 85,014 | 81,000 | 69,891 | 76,439 | |
| Investment in fixed assets | 139,645 | 140,110 | 87,982 | 400,847 | 47,648 | 11,901 | 53,733 | 421,956 | 113,647 | |
| Change in cash | -16,698 | -5,038 | -5,022 | -3,277 | 17,169 | -64,804 | 68,465 | -10,960 | - | |
| Working capital | -365,612 | -285,837 | -248,257 | -320,546 | -46,133 | -21,008 | -68,053 | -111,297 | -4,119 | |
| Solvency | 18.3% | 20.1% | 17.9% | 10.8% | 28.0% | 23.4% | 11.8% | 4.7% | 30.4% | |
| Current ratio | 0.22 | 0.26 | 0.31 | 0.16 | 0.59 | 0.83 | 0.62 | 0.30 | 0.93 | |
| Debt to equity | 4.47 | 3.99 | 4.60 | 8.22 | 2.58 | 3.28 | 7.49 | 20.47 | 2.29 | |
| ROE | -1.8% | 18.4% | 37.0% | -53.2% | 12.2% | 45.9% | 66.0% | -71.6% | 82.8% | |
| ROA | -0.3% | 3.7% | 6.6% | -5.8% | 3.4% | 10.7% | 7.8% | -3.3% | 25.1% | |
| Interest coverage | 3.63 | 6.49 | 7.37 | 3.62 | 9.59 | - | - | - | - |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €139,645 | €140,110 | €85,282 | €400,847 | €14,648 |
| Financial fixed assets | - | - | €2,700 | - | €33,000 |
| Depreciation and write-downs of the year | €57,301 | €48,429 | €45,127 | €77,920 | €29,501 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 70% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Debt's share of the balance-sheet total rises from 79.9% to 81.7%. Equity is lower and debt is higher.
TECHMICRO has no parent and no holdings in its annual accounts. CORBEAU Dimitri, Lionel, Olivier, Octave is the only director. TECHMICRO shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Chaussée de Bruxelles 149 registered office 7500 Tournai 33140 Repair and maintenance of electrical equipment | 19-02-2016 | 2.251.054.452 |
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