Debts
€114,149 97% of the balance sheet
Financial debts 51%Suppliers 2%Taxes and wages 5%Other 42%
Of this, €35,954 falls due within a year.
TECHMIL
Lifetime
15 annual accounts with figures on one time axispeak €43,829 (2015)
€27,231▲ 265%
lowest -€15,878 (2018)
€15,986▲ €18,746
peak €31,218 (2015)
€3,592▲ €15,986
€114,149▼ 10.3%
Board1 name since 2024
1 directorMILUSKI Slawomir
Documentsfilings and deeds
01-07-202630 days before the deadline
2025micro format
Gross margin from €7,457 to €27,231Back to profit: €15,986Equity from -€12,394 to €3,592Cash from €2,093 to €6,676
Key points
from the 2025 annual accountsFilings
15 annual accounts since 2010
Eight of the last ten came late. The 2019 accounts came latest: 62 days after the end of the period.
Position in the sector
3.1%
Lower solvency than 90% of companies in specialised construction. Sector median 46.7% · 35,125 companies.
Checked score
71
Healthy
Financially stronger than 52% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.9%
01-2025: 0.9%● unchanged vs 12-2024
02-2025: 0.9%● unchanged vs 01-2025
03-2025: 0.9%● unchanged vs 02-2025
04-2025: 0.9%● unchanged vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 0.8%▼ -0.1 percentage points vs 05-2025
07-2025: 1.0%▲ +0.2 percentage points vs 06-2025
08-2025: 1.0%● unchanged vs 07-2025
09-2025: 1.0%● unchanged vs 08-2025
10-2025: 1.0%● unchanged vs 09-2025
11-2025: 1.0%● unchanged vs 10-2025
12-2025: 1.0%● unchanged vs 11-2025
01-2026: 1.0%● unchanged vs 12-2025
02-2026: 1.0%● unchanged vs 01-2026
03-2026: 1.0%● unchanged vs 02-2026
04-2026: 1.1%▲ +0.1 percentage points vs 03-2026highest value
05-2026: 1.0%▼ -0.1 percentage points vs 04-2026
06-2026: 0.9%▼ -0.1 percentage points vs 05-2026
07-2026: 1.0%▲ +0.1 percentage points vs 06-2026
08-2026: 0.6%▼ -0.4 percentage points vs 07-2026lowest value
09-2026: 0.6%● unchanged vs 08-2026lowest value
10-2026: 0.6%● unchanged vs 09-2026lowest value
11-2026: 0.6%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
Equity €3,592 (3.1% of total assets)
lowers risk
Founded in 2009
Size: total assets €117,741
Calculation
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 43, micro). It does better than 10% of them on solvency, 34% on liquidity, 70% on profitability and 93% on growth.
The bankruptcy probability was computed on 09-11-2026 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 low class on 30-06-2025, 0.8% 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).
Comparable companies, two years later
In July 2024, 1,325 companies had the same profile as TECHMIL has now. Each dot stands for 4 companies, two years later.
95.2%
were still trading
3.2%
stopped another way
1.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TECHMIL itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,447 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 1,325 companies, not a prediction for TECHMIL. 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.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 35125 sector peers (2025).
NBB · sector comparisonPosition among 35125 sector peers
Solvency
better than 10%
← weakest
strongest →
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 days early
2024
42 days early
2023
16 days late
2022
23 days late
2021
16 days late
2020
27 days late
2019
62 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 10 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 August (4 of the last 5 accounts filed within 46 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0810164190
Change of role: MILUSKI Slawomir, from manager to director
Director discharge: MILUSKI Slawomir · General meeting of 22-01-2024 · Gazette deed
First establishment
Sint-Denijsstraat 311-313, Forest
Incorporation
published on 11-03-2009 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TECHMIL Forest | €117,741 | €27,231 | 3.1% | - |
| GLOBAL ENERGY SOLUTION Uccle | €126,146 | €30,682 | 75.3% | - |
| ISO-SPOUW Zonhoven | €136,114 | €26,064 | 30.6% | - |
| GREEN TRADE PRODUCTS Malle | €137,108 | €31,083 | 92.6% | - |
| Rui Constuct Anderlecht | €108,827 | €19,205 | 61.4% | - |
| BELGALEC CONSTRUCT Anderlecht | €92,610 | €36,111 | 69.5% | - |
| AL-BOR WATERLOO Ternat | €118,318 | €38,934 | 88.8% | - |
These companies have the same main activity as TECHMIL: insulation installation (NACE 43230). They are comparable in size and age: total assets between €92,600 and €137,000, founded between 2006 and 2012.
Official details
Source: KBO- Status
- Active since 03-03-2009Normal situation
- Activity
- Insulation installationNACE 43230and 4 others
- Establishment unit
- 2.177.553.7901190 Forest, since 01-04-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 03-12-2025
Annual accounts 2025
- ≈ €140,000estimated
- €117,741▲ 2.4%
- Filing
- Filed on 01-07-2026, 30 days before the end of the filing period
Insights on TECHMIL
TECHMIL files the micro format. That format states no turnover. The gross margin rose from €12,290 in 2010 to €27,231 in 2025.
The balance sheet grew most from 2013 to 2015 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TECHMIL
- What is the company number of TECHMIL?
- The company number of TECHMIL is 0810.164.190. The VAT number is the same number with BE in front: BE 0810.164.190.
- Where is TECHMIL based?
- The registered office is at Sint-Denijsstraat 311-313, 1190 Forest.Company details
- What does TECHMIL do?
- According to the KBO register, the main activity is insulation installation (NACE 43230).
- What is the legal form of TECHMIL?
- TECHMIL is a private limited company (BV).
- When was TECHMIL founded?
- TECHMIL was founded on 03-03-2009.
- Is TECHMIL still active?
- Yes, TECHMIL is an active enterprise in the KBO register.
- What is the turnover of TECHMIL?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €27,231 and 119 comparable companies (NACE 432). It probably lies between €95,000 and €200,000. In financial year 2024 turnover was €88,152.Financials
- Is TECHMIL profitable?
- In financial year 2025, TECHMIL made a profit of €15,986.
- Where can I find the annual accounts of TECHMIL?
- TECHMIL filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TECHMIL due?
- TECHMIL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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