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TECHNIC FAMILY

Active
Private limited companyfounded 201115 years activeRue du Marais à Chardons (G.) 14, 7011 Mons, BelgiumKBO/BCE: BE 0838.646.558
Summary

The computed 12-month bankruptcy probability of TECHNIC FAMILY is 1.9% (moderate). The 2024 annual accounts show equity of €17,359 and a net result of -€1,429. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 36,395 sector peers (NACE 43, fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Joinery installation
NACE 43320
1 site
Size
€18,023total assets 2024
Equity
€17,359
Loss
-€1,429
Turnover not published (abridged schema)
Financial health
54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.9%
Structure
Accounts 69 days overdue0 of 4 deeds read
Why 54- 1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 late- Figures for FY 2024 (filed 03-10-2025)+ Founded in 2011+ Equity €17,359 (96.3% of total assets)Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 45% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Average
Solvency 100=
equity 96.3% of total assets
Liquidity 54-1
short-term debt 3.7% · cash 3.1%
Profitability 23-60
return on assets -7.9%
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,518 companies)
Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025lowest value 04-2025: 1.0%▲ +0.1 percentage points vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.1%▲ +0.1 percentage points vs 06-2025 08-2025: 1.3%▲ +0.2 percentage points vs 07-2025 09-2025: 1.4%▲ +0.1 percentage points vs 08-2025 10-2025: 1.9%▲ +0.5 percentage points vs 09-2025 11-2025: 1.4%▼ -0.5 percentage points vs 10-2025 12-2025: 1.4%● unchanged vs 11-2025 01-2026: 1.4%● unchanged vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026 04-2026: 1.4%● unchanged vs 03-2026 05-2026: 1.4%● unchanged vs 04-2026 06-2026: 1.4%● unchanged vs 05-2026 07-2026: 1.4%● unchanged vs 06-2026 08-2026: 1.7%▲ +0.3 percentage points vs 07-2026 09-2026: 1.5%▼ -0.2 percentage points vs 08-2026 10-2026: 1.9%▲ +0.4 percentage points vs 09-2026highest value
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.83 against 0.98 in 2023; short-term debt: 3.7% and cash: 3.1% of total assets), and 3.7% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 90% on solvency, 50% on liquidity, 15% on profitability and 26% on growth.

The bankruptcy probability was computed on 07-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Founded in 2011
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 late
NBB · filings
lowers risk · Equity €17,359 (96.3% of total assets)
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 03-10-2025)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 filings
Deviation from the deadline
2025
not confirmed
2024
61 days late
2023
63 days late
2022
62 days late
2021
10 days early
2020
33 days late
2019
137 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 12 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Weakest financial yearnet -€1,429
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Positive: Among the best 5% on solvencysector median 46.6% · 36,395 companies 96.3% View
  • Caution: Accounts not fileddeadline was 31-07-2026 69 days late View
  • Total assets 20246 fiscal years filed €18,023 View

By topic

Financials

Fiscal year
2024
Total assets
€18,023
Loss
-€1,429
Solvency
96.3%
Total assets▼ 8.3%
Net result
20182024
Go to Financials

Timeline

Events
13
Since
2016
  1. 01-10-2023Annual accounts filed
  2. 31-12-2022Back to profit
  3. 21-07-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Joinery installationNACE 43320
Founded
19-08-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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