TECHNIC 3
ActiveSummary
TECHNIC 3 has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €74k and a net result of €14k. Equity is growing by ~21.4% per year across the filed fiscal years. Its solvency ranks better than 66% of 11615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability85▼-5
Solvency95▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.86 against 2.87 in 2023; short-term debt: 29.8% and cash: 32.8% of total assets), and 29.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-08-2025, 8 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
8 d late
2023
8 d early
2022
11 d early
2021
5 d late
2020
12 d early
2019
17 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€74k▲ 22.3%
2023 · €61k
2018: €22k
2019: €29k
2020: €34k
2021: €41k
2022: €46k
2023: €61k
2018 → 2024
Total assets
€106k▲ 27.3%
2023 · €83k
2018: €46k
2019: €126k
2020: €74k
2021: €81k
2022: €75k
2023: €83k
2018 → 2024
Net result
€14k▼ 5.3%
2023 · €14k
2018: €10k
2019: €8k
2020: €5k
2021: €7k
2022: €6k
2023: €14k
2018 → 2024
Working capital
€58k▲ 40.1%
2023 · €42k
2018: €13k
2019: €76k
2020: €24k
2021: €36k
2022: €46k
2023: €42k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€34k-€41k▲ 19.1%€46k▲ 14.1%€61k▲ 30.8%€74k▲ 22.3%
Operating result€9k-€12k▲ 30.5%€11k▼ 9.8%€23k▲ 115%€21k▼ 5.3%
Net result€5k-€7k▲ 40.0%€6k▼ 11.8%€14k▲ 148%€14k▼ 5.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 5% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €106k
Fixed assets
€16k ▼ 17.0%
Current assets
€90k ▲ 40.4%
Equity and liabilities €106k
Equity
€74k ▲ 22.3%
Debt
€31k ▲ 40.9%
Debt's share of the balance-sheet total rises from 26.9% to 29.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€26k▲
2023 · €23k
Cash flow
€18k▲
2023 · €15k
Current ratio
2.86▼
2023 · 2.87
Debt to equity
0.42▲
2023 · 0.37
ROE
18.2%▼
2023 · 23.5%
ROA
12.8%▼
2023 · 17.2%
Interest coverage
79.07▼
2023 · 81.49
Debt ≤ 1 year
€31k▲
2023 · €22k
Income taxes
€8k▼
2023 · €8k
Staff costs
€123k▲
2023 · €109k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€83k€106k▲
Fixed assets21/28€19k€16k▼
Tangible fixed assets22/27€19k€15k▼
Furniture and vehicles24€19k€15k▼
Financial fixed assets28€270€270=
Current assets29/58€64k€90k▲
Amounts receivable within one year40/41€60k€55k▼
Trade receivables40€49k€39k▼
Other amounts receivable41€11k€16k▲
Cash at bank and in hand54/58€4k€35k▲
Equity and liabilities
Total equity and liabilities10/49€83k€106k▲
Equity10/15€61k€74k▲
Contributions10/11€19k€19k=
Reserves13€42k€56k▲
Distributable reserves133€42k€56k▲
Amounts payable17/49€22k€31k▲
Amounts payable within one year42/48€22k€31k▲
Trade debts44€2k€8k▲
Suppliers440/4€2k€8k▲
Taxes, remuneration and social security45€19k€24k▲
Taxes450/3€12k€16k▲
Remuneration and social security454/9€7k€8k▲
Other amounts payable47/48€915-
Income statement
Code20232024
Remuneration, social security and pensions62€109k€123k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€348€5k▲
Other operating charges640/8€491€600▲
Gross operating margin9900€133k€150k▲
Operating profit (loss)9901€23k€21k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€282€332▲
Recurring financial charges65€282€332▲
Profit (loss) for the period before taxes9903€22k€21k▼
Income taxes67/77€8k€8k▼
Profit (loss) for the period9904€14k€14k▼
Profit (loss) for the period to be appropriated9905€14k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€14k▼
Transfer to equity691/2€14k€14k▼
To the legal reserve6920€14k€14k▼
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
2025
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 8 days late
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €14k ▲148%
Operating result €23k, net result €14k, both a record.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €5k ▼40.6%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 17 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 3.28
Current ratio from 1.55 to 3.28.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
02-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Oudergem · 1 establishment unit since 2010
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.
Tervuurse steenweg 381160 Oudergem1 establishment unit
Technic 3
since 20102.193.418.141
Similar companies · same sector, comparable size
ARCHIWALL
BE 0837.099.409
Waterloo · Eq €74,223
ADD ARCHITECTURE
BE 0847.547.297
Antwerpen · Eq €74,206
Christophe Cneut Architectuur en Stedenbouw
BE 0743.440.563
Brussel · Eq €74,241
BUREAU D'ARCHITECTES STERCKX & PARTNERS
BE 0474.178.758
Ganshoren · Eq €74,185
Buro Vector
BE 1001.308.531
Wervik · Eq €74,184
Of 18,255 companies in sector 71111 we hold annual accounts for 6,321. 5,470 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-09-2010
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
71111Activities of building architects
43110Demolition
43331Floor and wall tiling
43341Painting of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filings
Scores and ratios are computed by Checked and are not a credit decision.