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TECHNIC CONSTRUCTION

Active
Private limited companyfounded 20242 yrs activeOscar Colbrandtstraat 49, 9040 Gent, BelgiumKBO/BCE: BE 1007.448.334
Summary

The computed 12-month bankruptcy probability of TECHNIC CONSTRUCTION is 2.3% (moderate). The 2025 annual accounts show equity of €12,381 and a net result of €2,381. Its solvency ranks better than 41% of 2213 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability52
Solvency54
Growth-
Track record67
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.83; short-term debt: 37.3% and cash: 8.2% of total assets), and 70.7% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 1 filing
Deviation from the deadline
2025
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 22 March 2024, TECHNIC CONSTRUCTION was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€12,381
Total assets
€42,327
Net result
€2,381
Working capital
-€2,652

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €41,139
Fixed assets €28,000
Current assets €13,139
Equity and liabilities €42,327
Equity €12,381
Debt €29,946
Debt finances 70.7% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
0.83
Debt to equity
2.42
ROE
19.2%
ROA
5.6%
Debt ≤ 1 year
€15,791
Debt > 1 year
€14,156
Income taxes
€1,335
Staff costs
€31,105

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.1% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.1% went bankrupt
1.6% stopped otherwise
94% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 41 lines
Balance sheet Code2025
Assets
Total assets20/58€42,327
Formation expenses20€1,189
Fixed assets21/28€28,000
Tangible fixed assets22/27€18,000
Furniture and vehicles24€18,000
Financial fixed assets28€10,000
Current assets29/58€13,139
Amounts receivable within one year40/41€9,677
Trade receivables40€4,800
Other amounts receivable41€4,877
Cash at bank and in hand54/58€3,462
Equity and liabilities
Total equity and liabilities10/49€42,327
Equity10/15€12,381
Contributions10/11€10,000
Profit (loss) carried forward14€2,381
Amounts payable17/49€29,946
Amounts payable after more than one year17€14,156
Financial debts170/4€14,156
Amounts payable within one year42/48€15,791
Current portion of amounts payable after more than one year42€3,308
Trade debts44€451
Suppliers440/4€451
Taxes, remuneration and social security45€1,722
Taxes450/3€1,335
Remuneration and social security454/9€387
Other amounts payable47/48€10,310
Income statement Code2025
Goods, raw materials, services and sundry goods60/61€73,958
Remuneration, social security and pensions62€31,105
Other operating charges640/8€239
Non-recurring operating charges66A€6,425
Gross operating margin9900€41,760
Operating profit (loss)9901€3,991
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€275
Recurring financial charges65€275
Profit (loss) for the period before taxes9903€3,716
Income taxes67/77€1,335
Profit (loss) for the period9904€2,381
Profit (loss) for the period to be appropriated9905€2,381
Appropriation of the result
Profit (loss) to be appropriated9906€2,381

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Goods, raw materials, services and sundry goods60/61€73,958
Remuneration, social security and pensions62€31,105
Other operating charges640/8€239
Non-recurring operating charges66A€6,425
Gross operating margin9900€41,760
Operating profit (loss)9901€3,991
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€275
Recurring financial charges65€275
Profit (loss) for the period before taxes9903€3,716
Income taxes67/77€1,335
Profit (loss) for the period9904€2,381
Profit (loss) for the period to be appropriated9905€2,381
Line2025
Assets
Total assets20/58€42,327
Formation expenses20€1,189
Fixed assets21/28€28,000
Tangible fixed assets22/27€18,000
Furniture and vehicles24€18,000
Financial fixed assets28€10,000
Current assets29/58€13,139
Amounts receivable within one year40/41€9,677
Trade receivables40€4,800
Other amounts receivable41€4,877
Cash at bank and in hand54/58€3,462
Equity and liabilities
Total equity and liabilities10/49€42,327
Equity10/15€12,381
Contributions10/11€10,000
Profit (loss) carried forward14€2,381
Amounts payable17/49€29,946
Amounts payable after more than one year17€14,156
Financial debts170/4€14,156
Amounts payable within one year42/48€15,791
Current portion of amounts payable after more than one year42€3,308
Trade debts44€451
Suppliers440/4€451
Taxes, remuneration and social security45€1,722
Taxes450/3€1,335
Remuneration and social security454/9€387
Other amounts payable47/48€10,310
Line2025
Profit (loss) for the period9904€2,381
Operating cash flow (approximation)€2,381

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Gent · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
55 m²
Building footprint
98 m²
Volume, LiDAR
855 m³
Parcel 44432C1008/00V009, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TECHNIC CONSTRUCTION
Oscar Colbrandtstraat 49, 9040 GentGeneral construction of buildings
since 20242.357.353.782
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44432C1008/00V009 Flanders 55 m² 1 · 98 m² 12.0 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 29,787 companies in sector 41001 we hold annual accounts for 16,052. 10,060 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded22-03-2024
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
E-invoicing
Reachable via Peppol
Peppol ID 0208:1007448334
Registered 07-01-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.