Turnover
The abbreviated format states no turnover.
The abbreviated format states no turnover.
Of this, €15,791 falls due within a year.
Less equity than 84% of companies in construction of buildings. Sector median €194,387 · 2,818 companies.
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 36% of them on solvency, 41% on liquidity and 30% on profitability.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 7,976 companies had the same profile as TECHNIC CONSTRUCTION has now. Each dot stands for 20 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TECHNIC CONSTRUCTION itself: 4.5% within 12 months.
The method was tested on the 497,447 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 7,976 companies, not a prediction for TECHNIC CONSTRUCTION. 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.
Liquidity is insufficient, with a current ratio of 0.83, below 1. Short-term debt is 37.3% and cash 8.2% of total assets. 70.7% of the assets are financed with debt and provisions.
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 CONSTRUCTION Ghent | €42,327 | €41,760 | 29.3% | - |
| Y & Y - Consult Sint-Niklaas | €48,740 | €36,621 | 57.9% | - |
| 3SD CONSTRUCT Temse | €46,422 | €40,475 | 44.9% | - |
| LIVEVA BUILD Ghent | €50,165 | €33,615 | 80.4% | - |
| GM HOME RENOV Asse | €43,793 | €38,954 | 21.5% | - |
| FB MULTISERVICES Sint-Genesius-Rode | €43,223 | €37,496 | 56.2% | - |
| ISEE CONSTRUCTION Grimbergen | €41,636 | €42,164 | 79.6% | - |
These companies have the same main activity as TECHNIC CONSTRUCTION: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €41,600 and €50,200, founded in 2024.
The computed 12-month bankruptcy probability of TECHNIC CONSTRUCTION is 4.5% (elevated). The 2025 annual accounts show equity of €12,381 and a net result of €2,381.
Its solvency ranks better than 39% of 2,818 sector peers (NACE 41, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €190,000. Estimated: probably between €110,000 and €350,000.
Higher than 39% of 2,818 companies in 2025.
Higher than 15% of 2,746 companies in 2025.
Higher than 57% of 2,782 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter · Staff: bottom quarter
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
42,327 | |
20 |
1,189 | |
21/28 |
28,000 | |
22/27 |
18,000 | |
24 |
18,000 | |
28 |
10,000 | |
29/58 |
13,139 | |
40/41 |
9,677 | |
40 |
4,800 | |
41 |
4,877 | |
54/58 |
3,462 | |
| Balance sheet: equity and liabilities | ||
10/49 |
42,327 | |
10/15 |
12,381 | |
10/11 |
10,000 | |
14 |
2,381 | |
17/49 |
29,946 | |
17 |
14,156 | |
170/4 |
14,156 | |
42/48 |
15,791 | |
42 |
3,308 | |
44 |
451 | |
440/4 |
451 | |
45 |
1,722 | |
450/3 |
1,335 | |
454/9 |
387 | |
47/48 |
10,310 | |
| Income statement | ||
9900 |
41,760 | |
60/61 |
73,958 | |
62 |
31,105 | |
640/8 |
239 | |
66A |
6,425 | |
9901 |
3,991 | |
75/76B |
0 | |
75 |
0 | |
65/66B |
275 | |
65 |
275 | |
9903 |
3,716 | |
67/77 |
1,335 | |
9904 |
2,381 | |
9905 |
2,381 | |
| Appropriation of the result | ||
9906 |
2,381 | |
| Social balance sheet | ||
9087 |
0.9 | |
Hours worked1013 |
1,808 | |
| Document | ||
The notes to these accounts have 9 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 2025 at the NBB, filed on 31-08-2026.
2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00460945.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-08-2026 | 2026-00460945 |
| Line | Trend | 2025 |
|---|---|---|
| 43,425 | ||
| -2,652 | ||
| 29.3% | ||
| 0.83 | ||
| 2.42 | ||
| 19.2% | ||
| 5.6% | ||
| 2 days |
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 | 31-12-2025 |
|---|---|
| 0.9 |
Source: social balance sheet in the 2025 annual accounts
| Item | 2025 |
|---|---|
| Tangible fixed assets | €33,425 |
| Financial fixed assets | €10,000 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Debt's share of the balance-sheet total is 70.7%.
TECHNIC CONSTRUCTION has no parent and no holdings in its annual accounts. CELIK Tandogan is the only director.
| AKABE via CELIK Tandogan, no longer at AKABE · Director · deed of 19-11-2019 founded in 1996 |
total assets €7,991 (2022) |
The network starts from the earlier ties.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Oscar Colbrandtstraat 49 registered office 9040 Ghent | 22-03-2024 | 2.357.353.782 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44432C1008/00V009 | 55 m² | 1 · 98 m² | 12.0 m · 3 |
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 1007.448.334
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