Equity
TECHNIC + has made a profit in every financial year since 2014.
TECHNIC + has made a profit in every financial year since 2014.
The result rose in 2026 from €56,679 to €179,157.
The accounts state no turnover.
Short-term debts rose from €173,940 to €218,641.
The 2023 accounts came 29 days late. The other nine of the last ten were filed on time.
Higher net result than 86% of companies in specialised construction. Sector median €31,110 · 417 companies.
In July 2024, 17,811 companies had the same profile as TECHNIC + has now. Each dot stands for 45 companies, two years later.
The method was tested on the 497,448 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 17,811 companies, not a prediction for TECHNIC +. 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.
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.
| Company | ||||
|---|---|---|---|---|
| TECHNIC + Jabbeke | €764,654 | €289,773 | 40.2% | - |
| Verhaeghe - Gardin Elektriciteitswerken Zuienkerke | €791,192 | €281,512 | 25.1% | - |
| HAP ELEKTRO Torhout | €709,064 | €329,849 | 28.3% | 4 |
| DEJONGHE Harelbeke | €829,553 | €282,363 | 4.7% | - |
| Blomme Agro Torhout | €908,073 | €256,627 | 93.7% | 3.1 |
| ELEKTRO VRANCKEN Gingelom | €682,219 | €313,407 | 42.4% | - |
| ELECTRICITE FERONT Yvoir | €865,702 | €322,842 | 51.3% | - |
These companies have the same main activity as TECHNIC +: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €682,000 and €908,000, founded between 2010 and 2014.
TECHNIC + files the abbreviated format. That format states no turnover. The gross margin rose from €69,764 in 2014 to €289,773 in 2026.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €640,000. Estimated: probably between €550,000 and €790,000.
Higher than 23% of 9,974 companies in 2025.
Higher than 6% of 9,837 companies in 2025.
Higher than 66% of 9,906 companies in 2025.
| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||
20/58 |
764,654 | 576,569 | 513,094 | 525,935 | 542,609 | 571,522 | 597,125 | 581,231 | 612,963 | 731,905 | 1.1m | 135,553 | |
21/28 |
468,807 | 485,222 | 499,058 | 514,958 | 528,974 | 544,535 | 560,097 | 575,659 | 587,108 | 566,702 | 578,065 | 14,866 | |
22/27 |
467,857 | 484,272 | 498,108 | 514,008 | 528,024 | 543,585 | 559,147 | 574,709 | 586,158 | 565,752 | 577,115 | 14,866 | |
22 |
465,777 | 481,339 | 496,900 | 512,462 | 528,024 | 543,585 | 559,147 | 574,709 | 586,158 | 565,752 | 574,460 | - | |
23 |
2,081 | 2,934 | 1,208 | 1,546 | - | - | - | - | - | - | 264 | 1,476 | |
24 |
- | - | - | - | - | - | - | - | - | - | 2,391 | 13,390 | |
28 |
950 | 950 | 950 | 950 | 950 | 950 | 950 | 950 | 950 | 950 | 950 | - | |
29/58 |
295,846 | 91,347 | 14,036 | 10,977 | 13,635 | 26,987 | 37,028 | 5,572 | 25,856 | 165,203 | 499,147 | 120,687 | |
40/41 |
182,122 | 34,886 | 10,601 | 5,062 | 2,325 | 2,600 | 19,090 | 493 | 15,216 | 59,581 | 35,684 | 57,081 | |
40 |
182,075 | 32,602 | 7,138 | 5,062 | 534 | 610 | 1,604 | - | 14,520 | 43,081 | 1,131 | 15,201 | |
41 |
47 | 2,284 | 3,462 | - | 1,791 | 1,990 | 17,486 | 493 | 696 | 16,500 | 34,554 | 41,880 | |
54/58 |
107,556 | 56,093 | 3,392 | 4,894 | 10,386 | 23,497 | 17,089 | 3,935 | 10,640 | 105,621 | 463,463 | 63,606 | |
490/1 |
6,168 | 368 | 43 | 1,020 | 924 | 890 | 849 | 1,144 | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||
10/49 |
764,654 | 576,569 | 513,094 | 525,935 | 542,609 | 571,522 | 597,125 | 581,231 | 612,963 | 731,905 | 1.1m | 135,553 | |
10/15 |
307,185 | 128,028 | 149,383 | 128,391 | 112,855 | 107,284 | 99,746 | 96,633 | 92,690 | 90,458 | 68,232 | 39,311 | |
10/11 |
18,600 | 18,600 | 6,200 | 6,200 | 6,200 | 6,200 | - | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
11 |
- | - | - | - | - | - | 6,200 | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | - | 6,200 | - | - | - | - | - | |
13 |
16,222 | 16,222 | 106,655 | 106,655 | 106,655 | 101,084 | 93,546 | 90,433 | 86,490 | 84,258 | 62,032 | 33,111 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
130 |
- | - | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | - | 1,860 | - | - | - | - | - | |
133 |
16,222 | 16,222 | 106,655 | 104,795 | 104,795 | 99,224 | 91,686 | 88,573 | 84,630 | 82,398 | 60,172 | 31,251 | |
14 |
272,363 | 93,206 | 36,527 | 15,536 | - | - | - | - | - | - | - | - | |
17/49 |
457,468 | 448,541 | 363,711 | 397,543 | 429,753 | 464,238 | 497,379 | 484,597 | 520,273 | 641,448 | 1.0m | 96,242 | |
17 |
234,203 | 255,860 | 276,703 | 298,136 | 213,184 | 240,509 | 263,243 | 287,645 | 311,639 | 335,231 | 744,176 | - | |
170/4 |
234,203 | 255,860 | 276,703 | 298,136 | 213,184 | 240,509 | 263,243 | 287,645 | 311,639 | 335,231 | 744,176 | - | |
42/48 |
218,641 | 173,940 | 68,127 | 55,556 | 159,077 | 145,450 | 134,910 | 78,222 | 67,634 | 147,217 | 87,804 | 96,242 | |
42 |
27,005 | 26,552 | 26,108 | 25,671 | 25,241 | 22,734 | 26,417 | 23,994 | 23,592 | 23,197 | 22,808 | - | |
44 |
61,327 | 48,544 | 36,098 | 17,382 | 23,922 | 11,398 | 74,063 | 50,203 | 36,910 | 97,354 | 45,709 | 79,057 | |
440/4 |
61,327 | 48,544 | 36,098 | 17,382 | 23,922 | 11,398 | 74,063 | 50,203 | 36,910 | 97,354 | 45,709 | 79,057 | |
46 |
42,000 | - | - | - | - | - | - | - | - | - | - | - | |
45 |
11,107 | 13,955 | 4,421 | 9,562 | 2,571 | - | 1,277 | 2,588 | 4,771 | 23,123 | 18,614 | 17,185 | |
450/3 |
11,107 | 13,955 | 4,421 | 9,562 | 2,571 | - | 1,277 | 2,588 | 4,771 | 23,123 | 18,614 | 17,185 | |
47/48 |
77,203 | 84,888 | 1,500 | 2,942 | 107,343 | 111,318 | 33,152 | 1,437 | 2,362 | 3,543 | 672 | - | |
492/3 |
4,624 | 18,742 | 18,881 | 43,851 | 57,493 | 78,280 | 99,227 | 118,730 | 141,000 | 159,000 | 177,000 | - | |
| Income statement | |||||||||||||
76A |
- | - | - | - | - | - | - | 5,000 | - | - | - | - | |
9900 |
289,773 | 109,412 | 55,671 | 47,094 | 31,598 | 33,840 | 23,954 | 30,351 | 27,575 | 70,108 | 154,540 | 69,764 | |
630 |
16,415 | 16,415 | 15,899 | 15,703 | 15,562 | 15,562 | 15,562 | 15,562 | 15,356 | 16,223 | 97,751 | 16,990 | |
631/4 |
- | - | - | - | - | 1,317 | -5,440 | - | - | - | - | 2,434 | |
640/8 |
3,320 | 2,621 | 2,924 | 3,138 | 3,594 | 2,706 | 3,167 | 2,798 | 2,659 | 2,179 | 6,666 | 503 | |
9901 |
270,038 | 90,376 | 36,847 | 28,253 | 12,442 | 14,255 | 10,665 | 11,991 | 9,560 | 51,707 | 50,124 | 49,837 | |
75/76B |
1,153 | 33 | 12 | - | 0 | 27 | 1 | 6 | 46 | 765 | 546 | 1,165 | |
75 |
1,153 | 33 | 12 | - | 0 | 27 | 1 | 6 | 46 | 765 | 546 | 1,165 | |
65/66B |
8,074 | 6,440 | 5,896 | 5,087 | 5,432 | 5,512 | 5,690 | 5,626 | 6,017 | 10,389 | 2,998 | 608 | |
65 |
8,074 | 6,440 | 5,896 | 5,087 | 5,432 | 5,512 | 5,690 | 5,626 | 6,017 | 10,389 | 2,998 | 608 | |
9903 |
263,117 | 83,970 | 30,963 | 23,167 | 7,010 | 8,770 | 4,977 | 6,370 | 3,590 | 42,083 | 47,672 | 50,394 | |
67/77 |
83,960 | 27,291 | 9,972 | 7,631 | 1,439 | 1,232 | 1,864 | 2,427 | 1,357 | 19,857 | 18,752 | 17,283 | |
9904 |
179,157 | 56,679 | 20,991 | 15,536 | 5,571 | 7,538 | 3,113 | 3,943 | 2,233 | 22,225 | 28,921 | 33,111 | |
9905 |
179,157 | 56,679 | 20,991 | 15,536 | 5,571 | 7,538 | 3,113 | 3,943 | 2,233 | 22,225 | 28,921 | 33,111 | |
| Appropriation of the result | |||||||||||||
9906 |
272,363 | 93,206 | 36,527 | 15,536 | 5,571 | 7,538 | 3,113 | 3,943 | 2,233 | 22,225 | 28,921 | 33,111 | |
14P |
93,206 | 36,527 | 15,536 | - | - | - | - | - | - | - | - | - | |
791/2 |
- | 90,433 | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | 5,571 | 7,538 | 3,113 | 3,943 | 2,233 | 22,225 | 28,921 | 33,111 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
- | - | - | - | 5,571 | 7,538 | 3,113 | 3,943 | 2,233 | 22,225 | 28,921 | 31,251 | |
694/7 |
- | 90,433 | - | - | - | - | - | - | - | - | - | - | |
694 |
- | 90,433 | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||
The notes to these accounts have 12 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 2026 at the NBB, filed on 29-10-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | abbreviated format | 29-10-2026 | 2026-00594606 | |
| 31-03-2025 | abbreviated format | 31-10-2025 | 2025-00557737 | |
| 31-03-2024 | abbreviated format | 16-10-2024 | 2024-00508242 | |
| 01-03-2023 | abbreviated format | 30-10-2023 | 2023-00501833 | |
| 01-03-2022 | abbreviated format | 29-09-2022 | 2022-20440240 | |
| 01-03-2021 | micro format | 31-08-2021 | 2021-60100323 | |
| 01-03-2020 | micro format | 28-08-2020 | 2020-47400293 | |
| 01-03-2019 | micro format | 12-09-2019 | 2019-64200460 | |
| 01-03-2018 | micro format | 25-09-2018 | 2018-64800006 | |
| 01-03-2017 | micro format | 17-09-2017 | 2017-61200401 | |
| 01-03-2016 | abbreviated format | 29-08-2016 | 2016-50300094 | |
| 31-03-2014 | abbreviated format | 26-09-2014 | 2014-60500128 |
| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 286,453 | 106,791 | 52,746 | 43,956 | 28,004 | 29,817 | 26,227 | 27,552 | 24,916 | 67,930 | 147,875 | 66,827 | ||
| 195,572 | 73,094 | 36,890 | 31,239 | 21,133 | 23,100 | 18,675 | 19,505 | 17,589 | 38,448 | 126,672 | 50,101 | ||
| 0 | 2,579 | 0 | 1,687 | 0 | 0 | 0 | 4,113 | 35,761 | 4,860 | 635,950 | 31,856 | ||
| 51,464 | 52,701 | -1,502 | -5,491 | -13,111 | 6,408 | 13,155 | -6,705 | -94,981 | -357,842 | - | - | ||
| 77,205 | -82,593 | -54,092 | -44,579 | -145,442 | -118,463 | -97,882 | -72,650 | -41,779 | 17,986 | 411,343 | 24,445 | ||
| 40.2% | 22.2% | 29.1% | 24.4% | 20.8% | 18.8% | 16.7% | 16.6% | 15.1% | 12.4% | 6.3% | 29.0% | ||
| 1.35 | 0.53 | 0.21 | 0.20 | 0.09 | 0.19 | 0.27 | 0.07 | 0.38 | 1.12 | 5.68 | 1.25 | ||
| 1.49 | 3.50 | 2.43 | 3.10 | 3.81 | 4.33 | 4.99 | 5.01 | 5.61 | 7.09 | 14.79 | 2.45 | ||
| 58.3% | 44.3% | 14.1% | 12.1% | 4.9% | 7.0% | 3.1% | 4.1% | 2.4% | 24.6% | 42.4% | 84.2% | ||
| 23.4% | 9.8% | 4.1% | 3.0% | 1.0% | 1.3% | 0.5% | 0.7% | 0.4% | 3.0% | 2.7% | 24.4% | ||
| 35.48 | 16.58 | 8.95 | 8.64 | 5.15 | - | - | - | - | - | - | - |
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 | 31-03-2026 | 31-03-2025 | 31-03-2024 | 01-03-2023 | 01-03-2022 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | - | €161,405 | €187,514 | - | €240,509 |
| Mortgages, amount registered | €220,000 | €220,000 | - | - | - |
| Carrying value of the mortgaged assets | €441,210 | €454,535 | - | - | - |
Source: notes to the 2022 to 2026 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 31-03-2026 | 31-03-2025 | 31-03-2024 | 01-03-2023 | 01-03-2022 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €2,579 | - | €1,687 | - |
| €16,415 | €16,415 | €15,899 | €15,703 | €15,562 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
The operating result for 2026 is 199% higher than in 2025 and the highest since 2014. It is the fourth rise in a row, after the fall in 2022.
Debt's share of the balance-sheet total falls from 77.8% to 59.8%. Equity and debt are higher.
TECHNIC + has no parent and no holdings in its annual accounts. is the only director. TECHNIC + shares no director with another company.
| ARTNATION
establishment since 01-01-2017 · founded in 2009 |
1.5 FTE (2025) 0809.986.127 |
Deadline for the 2027 accounts: 31-10-2027
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 |
|---|---|---|
| Technic+ registered office Kerkeweg 16, 8490 Jabbeke 73120 Media representation | 27-12-2012 | 2.216.915.303 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 31031B0444/00B002 | 2,895 m² | 1 · 264 m² | 8.3 m · 2 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0508.741.838
If something looks wrong or is missing, please tell us.