TECHNI - CAL
ActiveThe annual accounts of TECHNI - CAL for fiscal year 2025 show a net loss of 72% of the equity at the start of that year. The 2025 annual accounts show equity of €93k and a net result of €-241k. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 13% of 7719 sector peers (fiscal year 2025). The company has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
34
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-56
Solvency37▼-35
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 1.0 against 1.79 in 2024; short-term debt: 79.9% and cash: 5.5% of total assets), and 88.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
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
11.8%
Return on assets
-30.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 7719 sector peers (2025).
NBB · sector comparisonPosition among 7719 sector peers
Solvency
better than 13%
← 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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
29 d late
2023
125 d early
2022
48 d early
2021
156 d early
2020
124 d early
2019
71 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€2.44M
EBIT margin
4.0%
Net result
€-241k
2024 · €759
2018: €2k
2019: €28k
2020: €91k
2021: €78k
2022: €133k
2023: €366k
2024: €759
2018 → 2025
Working capital
€-2k
2024 · €247k
2018: €366k
2019: €286k
2020: €298k
2021: €194k
2022: €449k
2023: €277k
2024: €247k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€105k-€118k▲ 12.2%€333k▲ 184%€334k▲ 0.2%€93k▼ 72.1%
Operating result€76k-€142k▲ 86.5%€452k▲ 220%€24k▼ 94.7%€-223k
Net result€78k-€133k▲ 70.4%€366k▲ 175%€759▼ 99.8%€-241k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €223k after €24k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €788k
Fixed assets
€161k▲ 12.4%
Current assets
€627k▲ 11.6%
Equity and liabilities €788k
Equity
€93k▼ 72.1%
Debt
€694k▲ 87.5%
The debt ratio rises from 52.6% to 88.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-179k▼
2024 · €65k
Cash flow
€-197k▼
2024 · €41k
Solvency
11.8%▼
2024 · 47.4%
Current ratio
1.00▼
2024 · 1.79
Quick ratio
0.59▼
2024 · 0.69
Debt / equity
7.45▲
2024 · 1.11
ROE
-258.5%▼
2024 · 0.2%
ROA
-30.6%▼
2024 · 0.1%
Interest coverage
-9.06▼
2024 · 4.51
Debt
€694k▲
2024 · €370k
Debt ≤ 1 year
€629k▲
2024 · €314k
Debt > 1 year
€34k▼
2024 · €56k
Staff costs
€513k▼
2024 · €565k
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€704k€788k▲
Fixed assets21/28€143k€161k▲
Tangible fixed assets22/27€130k€148k▲
Land and buildings22€2k€2k▼
Plant, machinery and equipment23€37k€45k▲
Furniture and vehicles24€82k€95k▲
Other tangible fixed assets26€8k€6k▼
Financial fixed assets28€13k€13k=
Current assets29/58€561k€627k▲
Stocks and contracts in progress3€345k€256k▼
Stocks30/36€345k€256k▼
Amounts receivable within one year40/41€77k€243k▲
Trade receivables40€57k€223k▲
Other amounts receivable41€20k€20k=
Cash at bank and in hand54/58€41k€43k▲
Deferred charges and accrued income490/1€99k€85k▼
Equity and liabilities
Total equity and liabilities10/49€704k€788k▲
Equity10/15€334k€93k▼
Contributions10/11€19k€19k=
Reserves13€3k€3k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€2k€2k=
Profit (loss) carried forward14€312k€71k▼
Amounts payable17/49€370k€694k▲
Amounts payable after more than one year17€56k€34k▼
Financial debts170/4€56k€34k▼
Amounts payable within one year42/48€314k€629k▲
Current portion of amounts payable after more than one year42€63k€71k▲
Financial debts43€150k€200k▲
Credit institutions430/8€150k€200k▲
Trade debts44€49k€84k▲
Suppliers440/4€49k€84k▲
Taxes, remuneration and social security45€52k€30k▼
Taxes450/3€20k-
Remuneration and social security454/9€32k€30k▼
Other amounts payable47/48-€243k
Accrued charges and deferred income492/3-€32k
Income statement
Code20242025
Remuneration, social security and pensions62€565k€513k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€44k▲
Other operating charges640/8€8k€32k▲
Non-recurring operating charges66A€10k-
Gross operating margin9900€648k€367k▼
Operating profit (loss)9901€24k€-223k▼
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€14k€20k▲
Recurring financial charges65€14k€20k▲
Profit (loss) for the period before taxes9903€12k€-241k▼
Income taxes67/77€11k-
Profit (loss) for the period9904€759€-241k▼
Profit (loss) for the period to be appropriated9905€759€-241k▼
Appropriation of the result
Profit (loss) to be appropriated9906€312k€71k▼
Profit (loss) brought forward from the previous period14P€311k€312k▲
Social balance
Average headcount (FTE)90878.87.5▼
The notes to these accounts (12 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
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-241k ▼31836%
Net result drops to €-241k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €366k ▲175%
Operating result €452k, net result €366k, both a record.
31-12
Financial
Equity above €200kEq €333k ▲184%
6 profitable years in a row build equity to €333k.
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100kEq €102k ▲18.5%
3 profitable years in a row build equity to €102k.
21-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
13 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, Ternat · 1 establishment unit since 1995
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.
Essenestraat 161740 TernatGround area
1.4 ha
Building footprint
2,672 m²
Volume, LiDAR
13,225 m³
Parcel 23086A0676/00G000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TECHNI-CAL
since 19952.069.960.796
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23086A0676/00G000 | Flanders | 1.4 ha | 1 · 2,672 m² | 8.1 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 5,733 EUR awarded · 5,733 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,470 EUR | 1,470 EUR |
| 2024 | 1 | 65 EUR | 65 EUR |
| 2023 | 1 | 3,944 EUR | 3,944 EUR |
| 2022 | 1 | 254 EUR | 254 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
10 categoriesTECHNI - CAL BV23391
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Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 8,827 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-12-1994
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
45332
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.