TECHNIC CONSTRUCT
ActiveThe computed 12-month bankruptcy probability of TECHNIC CONSTRUCT is 2.0% (moderate). The 2025 annual accounts show equity of €58k and a net result of €11k. Equity is growing by ~15.4% per year across the filed fiscal years. Its solvency ranks better than 80% of 27268 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
100
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability97▲+1
Solvency100=
Growth35=
Stability100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 4.03 against 6.93 in 2024), and 24.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 11-11-2025, 11 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 · 6 filingsDeviation from the deadline
2025
11 d late
2024
16 d early
2023
on the day
2022
3 d late
2021
165 d late
2020
530 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close11-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Turnover
€84k▼ 22.0%
2024 · €108k
2020: €231k
2021: €98k
2022: €100k
2023: €81k
2024: €108k
2020 → 2025
EBIT margin
20.4%▲ 3.2pp
2024 · 17.2%
2020: 20.7%
2021: -0.5%
2022: 3.2%
2023: 12.3%
2024: 17.2%
2020 → 2025
Net result
€11k▼ 15.3%
2024 · €14k
2020: €27k
2021: €-3k
2022: €-585
2023: €4k
2024: €14k
2020 → 2025
Working capital
€57k▲ 27.5%
2024 · €45k
2020: €30k
2021: €24k
2022: €25k
2023: €32k
2024: €45k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€98k-€100k▲ 1.9%€81k▼ 18.9%€108k▲ 33.8%€84k▼ 22.0%
Equity€30k-€29k▼ 2.0%€33k▲ 15.4%€47k▲ 40.4%€58k▲ 24.4%
Operating result€-505-€3k€10k▲ 209%€19k▲ 86.3%€17k▼ 7.4%
Net result€-3k-€-585▲ 82.8%€4k€14k▲ 203%€11k▼ 15.3%
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 2025; 2025 is 7% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €77k
Fixed assets
€1k▼ 40.2%
Current assets
€76k▲ 45.1%
Equity and liabilities €77k
Equity
€58k▲ 24.4%
Debt
€19k▲ 149%
The debt ratio rises from 13.8% to 24.4%: debt grows faster than equity.
Key figures and ratios
EBITDA
€19k▼
2024 · €26k
Cash flow
€13k▼
2024 · €21k
Solvency
75.6%▼
2024 · 86.2%
Current ratio
4.03▼
2024 · 6.93
Quick ratio
4.03▼
2024 · 6.93
Debt / equity
0.32▲
2024 · 0.16
ROE
19.6%▼
2024 · 28.8%
ROA
14.8%▼
2024 · 24.8%
Interest coverage
43.32▼
2024 · 43.81
Debt
€19k▲
2024 · €8k
Debt ≤ 1 year
€19k▲
2024 · €8k
Income taxes
€5k▲
2024 · €4k
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€55k€77k▲
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Plant, machinery and equipment23€696€356▼
Furniture and vehicles24€2k€960▼
Current assets29/58€52k€76k▲
Amounts receivable within one year40/41€52k€76k▲
Trade receivables40€17k€33k▲
Other amounts receivable41€35k€42k▲
Cash at bank and in hand54/58€95€55▼
Equity and liabilities
Total equity and liabilities10/49€55k€77k▲
Equity10/15€47k€58k▲
Contributions10/11€6k€6k=
Reserves13€40k€52k▲
Distributable reserves133€40k€52k▲
Profit (loss) carried forward14€464€464=
Amounts payable17/49€8k€19k▲
Amounts payable within one year42/48€8k€19k▲
Trade debts44€1k€6k▲
Suppliers440/4€1k€6k▲
Taxes, remuneration and social security45€6k€13k▲
Taxes450/3€6k€13k▲
Income statement
Code20242025
Turnover70€108k€84k▼
Goods, raw materials, services and sundry goods60/61€82k€65k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€1k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€28k€20k▼
Operating profit (loss)9901€19k€17k▼
Financial income75/76B€9€0▼
Recurring financial income75€9€0▼
Financial charges65/66B€600€430▼
Recurring financial charges65€600€430▼
Profit (loss) for the period before taxes9903€18k€17k▼
Income taxes67/77€4k€5k▲
Profit (loss) for the period9904€14k€11k▼
Profit (loss) for the period to be appropriated9905€14k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€12k▼
Profit (loss) brought forward from the previous period14P€464€464=
Transfer to equity691/2€14k€11k▼
To other reserves6921€14k€11k▼
The notes to these accounts (5 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
2025
11-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2024
15-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Liquidity triplescurrent ratio 6.93
Current ratio from 2.09 to 6.93; short-term debt falls from €29k to €8k.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
14-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 165 days late
14-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 530 days late
2021
31-03
Financial
Weakest financial yearnet €-3k ▼113%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Peer · 1 establishment unit since 2018
Ground area
721 m²
Building footprint
180 m²
Volume, LiDAR
792 m³
Parcel 72030C0240/00C000, Flanders · tallest building 6.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TECHNIC CONSTRUCT
since 20182.282.298.449
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72030C0240/00C000 | Flanders | 721 m² | 1 · 180 m² | 6.3 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.
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Of 9,475 companies in sector 43222 we hold annual accounts for 5,626. 4,638 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-11-2018
Fiscal year end31-03
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.