TECHNATION
ActiveTECHNATION has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €272k and a net result of €40k. Equity is growing by ~15.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 16932 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+16
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 28.4 against 12.49 in 2024), and 2.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
97.4%
Return on assets
14.2%
Age of the figures
8 mo
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 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
14 d early
2023
6 d early
2022
3 d early
2021
2 d early
2020
5 d early
2019
2 d early
← before the deadline
after the deadline →
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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€272k▲ 17.0%
2024 · €232k
2018: €139k
2019: €105k
2020: €130k
2021: €156k
2022: €179k
2023: €206k
2024: €232k
2018 → 2025
Total assets
€279k▲ 10.8%
2024 · €252k
2018: €166k
2019: €137k
2020: €163k
2021: €198k
2022: €215k
2023: €242k
2024: €252k
2018 → 2025
Net result
€40k▲ 50.0%
2024 · €26k
2018: €-2k
2019: €-35k
2020: €25k
2021: €29k
2022: €23k
2023: €27k
2024: €26k
2018 → 2025
Working capital
€200k▼ 11.0%
2024 · €225k
2018: €122k
2019: €95k
2020: €121k
2021: €148k
2022: €174k
2023: €202k
2024: €225k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€156k-€179k▲ 14.9%€206k▲ 14.9%€232k▲ 12.8%€272k▲ 17.0%
Operating result€41k-€34k▼ 17.5%€39k▲ 15.3%€40k▲ 1.8%€49k▲ 24.2%
Net result€29k-€23k▼ 18.2%€27k▲ 14.7%€26k▼ 1.2%€40k▲ 50.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 24% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €279k
Fixed assets
€72k▲ 881%
Current assets
€208k▼ 15.1%
Equity and liabilities €279k
Equity
€272k▲ 17.0%
Debt
€7k▼ 62.7%
The debt ratio falls from 7.8% to 2.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€58k▲
2024 · €42k
Cash flow
€48k▲
2024 · €29k
Solvency
97.4%▲
2024 · 92.2%
Current ratio
28.40▲
2024 · 12.49
Quick ratio
28.40▲
2024 · 12.49
Debt / equity
0.03▼
2024 · 0.08
ROE
14.6%▲
2024 · 11.4%
ROA
14.2%▲
2024 · 10.5%
Interest coverage
364.98▲
2024 · 15.84
Debt
€7k▼
2024 · €20k
Debt ≤ 1 year
€7k▼
2024 · €20k
Income taxes
€14k▲
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€252k€279k▲
Fixed assets21/28€7k€72k▲
Tangible fixed assets22/27€7k€72k▲
Land and buildings22€1k€5k▲
Plant, machinery and equipment23€0-
Furniture and vehicles24€6k€67k▲
Current assets29/58€245k€208k▼
Amounts receivable within one year40/41€14k€40k▲
Trade receivables40€12k€11k▼
Other amounts receivable41€2k€29k▲
Current investments50/53€106k€68k▼
Cash at bank and in hand54/58€122k€97k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€252k€279k▲
Equity10/15€232k€272k▲
Contributions10/11€20k€20k=
Reserves13€212k€252k▲
Distributable reserves133€212k€252k▲
Amounts payable17/49€20k€7k▼
Amounts payable within one year42/48€20k€7k▼
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€4k€6k▲
Taxes450/3€4k€6k▲
Other amounts payable47/48€14k€0▼
Income statement
Code20242025
Non-recurring operating income76A€0€4k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€9k▲
Other operating charges640/8€1k€997▼
Gross operating margin9900€43k€59k▲
Operating profit (loss)9901€40k€49k▲
Financial income75/76B€130€5k▲
Recurring financial income75€130€5k▲
Financial charges65/66B€3k€158▼
Recurring financial charges65€3k€158▼
Profit (loss) for the period before taxes9903€37k€54k▲
Income taxes67/77€11k€14k▲
Profit (loss) for the period9904€26k€40k▲
Profit (loss) for the period to be appropriated9905€26k€40k▲
Appropriation of the result
Profit (loss) to be appropriated9906€26k€40k▲
Transfer to equity691/2€26k€40k▲
To other reserves6921€26k€40k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €40k ▲50%
Operating result €49k, net result €40k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 28.40
Current ratio from 12.49 to 28.40; short-term debt falls from €20k to €7k.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €206k ▲14.9%
4 profitable years in a row build equity to €206k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €156k ▲20.2%
2 profitable years in a row build equity to €156k.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €25k
Net result €25k after 2 loss-making years.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-35k
Net result drops to €-35k, the lowest in the series; recovery starts the following year.
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Zoersel · 1 establishment unit since 2002
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
De Hulsten 372980 ZoerselGround area
1,218 m²
Building footprint
186 m²
Volume, LiDAR
836 m³
Parcel 11055A0131/00V003, Flanders · tallest building 12.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
De Hulsten 37, 2980 Zoersel
since 20022.058.759.078
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11055A0131/00V003 | Flanders | 1,218 m² | 1 · 186 m² | 12.5 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 16,811 companies in sector 62100 we hold annual accounts for 8,750. 6,255 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-06-1992
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
72210
58290Other software publishing
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:wim.jeuring@technation.biz