Equity
-€495,018
Debts exceed assets in financial year 2025.
TECHNIC ONE
Lifetime
19 annual accounts with figures on one time axis, 42 filings since 1983peak €4.6m (2022)
-€455,450
lowest -€4.5m (2025)
-€4.5m
peak €4.0m (2022)
-€495,018
€3.9m
peak 31.1 FTE (2023)
29.6 FTE
Board4 names since 2017
1 directorGENESIS 3C
Owners2 names in the annual accounts
Documentsfilings and deeds
30-04-2026on the last day
2025financial year
Loss of €4.5mMerger: TECHNIC ONE takes over INSTALLATIONS ELECTROTECHNIQUES 24-06Resignations: Xavier BURLION (director) and Nicolas CROSSET (… 02-06Merger proposal: TECHNIC ONE takes over INSTALLATIONS ELECTRO… 28-02No figures for the year before
Key points
from the 2025 annual accountsLosses
-€4.5m in two years
The 2023 and 2025 financial years closed with a loss. 2025 was the heaviest.
Debts
€3.9m 115% of the balance sheet
Financial debts 49%Suppliers 12%Taxes and wages 4%Other 35%
Of this, €2.9m falls due within a year.
Staff
29 employees on 30-09-2025
In 2025, 12 people joined and 16 left.
Restructuring
2025
Merger with INSTALLATIONS ELECTROTECHNIQUES. Merger on 24-06-2025.
Position in the sector
-14.7%
Lower solvency than 95% of companies in machinery and equipment. Sector median 41.3% · 384 companies.
Checked score
32
Weak
Financially stronger than 3% of small companies in machinery and equipment (NACE 28)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
6.1% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 290 companies (NACE 28, small).
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%lowest value
01-2025: 0.2%● unchanged vs 12-2024lowest value
02-2025: 0.2%● unchanged vs 01-2025lowest value
03-2025: 0.2%● unchanged vs 02-2025lowest value
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.4%▲ +0.1 percentage points vs 07-2025
09-2025: 0.5%▲ +0.1 percentage points vs 08-2025
10-2025: 0.9%▲ +0.4 percentage points vs 09-2025
11-2025: 0.9%● unchanged vs 10-2025
12-2025: 1.2%▲ +0.3 percentage points vs 11-2025
01-2026: 2.2%▲ +1.0 percentage point vs 12-2025
02-2026: 2.2%● unchanged vs 01-2026
03-2026: 2.2%● unchanged vs 02-2026
04-2026: 2.0%▼ -0.2 percentage points vs 03-2026
05-2026: 6.0%▲ +4.0 percentage points vs 04-2026
06-2026: 6.0%● unchanged vs 05-2026
07-2026: 6.0%● unchanged vs 06-2026
08-2026: 6.0%● unchanged vs 07-2026
09-2026: 6.0%● unchanged vs 08-2026
10-2026: 6.1%▲ +0.1 percentage points vs 09-2026highest value
11-2026: 6.1%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Negative equity -€495,018
Loss of €4.5m, the second in a row (financial year 2025)
Founded in 1983
Liquidity: current ratio 0.66, cash €51,958, halved
Calculation
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 28, small). It does better than 2% of them on solvency, 2% on liquidity and 3% 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 30-09-2025.
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).
Comparable companies, two years later
In July 2024, 678 companies had the same profile as TECHNIC ONE has now. Each dot stands for 2 companies, two years later.
84.5%
were still trading
6.2%
stopped another way
6.8%
went bankrupt
Another 2.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TECHNIC ONE itself: 6.1% within 12 months.
Test of the method
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 678 companies, not a prediction for TECHNIC ONE. 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.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.66 (1.73 in 2023), below 1. Short-term debt is 85.3% and cash 1.5% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
18192021222325
2018 to 2025 · latest year -€495,018
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2023
30 days late
2022
32 days early
2021
25 days late
2020
30 days late
2019
39 days late
2018
30 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 17 days after the deadline. In the sector (NACE 28), the median for financial year 2023 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (1)
Board and ownership
- Léon Crosset 96.4%annual accounts 2020
- GENESIS 3C 3.62%score 92equity €431,106 (2025) · 2023 annual accounts of GENESIS 3C
Recent changes
Amendment of the articles
General meeting of 21-09-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0424130718
Merger: TECHNIC ONE takes over INSTALLATIONS ELECTROTECHNIQUES
“La distribution, la représentation, la mise en œuvre, la fabrication, la transformation, la location, le…” (deed in French) · The company holds all the shares of INSTALLATIONS ELECTROTECHNIQUES · General meeting of 02-06-2025 · Gazette deed
Resignations: Xavier BURLION (director) and Nicolas CROSSET (director)
Director discharge: Xavier BURLION · Director discharge: Nicolas CROSSET · General meeting of 05-04-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TECHNIC ONE Thimister-Clermont | - | - | -14.7% | 29.6 |
| SUBCON Izegem | €3.4m | -2.2% | 43.2% | 33.5 |
| Komax Belgium Beerse | €8.9m | -21.1% | 28.8% | 41.2 |
| LYSAIR Wielsbeke | €11.9m | 3.7% | 45.5% | 43.5 |
| LAMBRECHTS KONSTRUKTIE Puurs-Sint-Amands | €7.9m | -8.2% | 36.1% | 36.2 |
| KUKA AUTOMATISERING + ROBOTS Houthalen-Helchteren | €14.5m | 3.2% | 85.3% | 25.5 |
| BOBST BENELUX Antwerp | €20.9m | 3.2% | 55.5% | 53.9 |
These companies have the same main activity as TECHNIC ONE: manufacture of machinery and equipment not elsewhere classified (NACE 28990). They are comparable in size and age: total assets between €2.2m and €11m, founded between 1974 and 1996.
Official details
Source: KBO- Status
- Active since 31-05-1983Normal situation
- Activity
- Manufacture of machinery and equipment not elsewhere classifiedNACE 28990and 4 others
- Joint committees
- 209White-collar workers in metal manufacturing
- 112Garages · annual accounts 30-09-2025
- Establishment unit
- 2.038.458.3644890 Thimister-Clermont, since 01-06-1983
- Financial year end
- 30 September
- Peppol
- Reachable since 02-09-2025
Annual accounts to 30-09-2025
- €3.4m
- Employeeson 30-09-2025
- 29
- Filing
- Filed on 30-04-2026, on the last day of the filing period
Insights on TECHNIC ONE
TECHNIC ONE has existed since 1983. In 2022 the gross margin rose from €1.9m to €4.6m.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TECHNIC ONE
- What is the company number of TECHNIC ONE?
- The company number of TECHNIC ONE is 0424.130.718. The VAT number is the same number with BE in front: BE 0424.130.718.
- Where is TECHNIC ONE based?
- The registered office is at Les Plénesses 76, 4890 Thimister-Clermont.Company details
- What does TECHNIC ONE do?
- According to the KBO register, the main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28990).
- What is the legal form of TECHNIC ONE?
- TECHNIC ONE is a public limited company (NV).
- When was TECHNIC ONE founded?
- TECHNIC ONE was founded on 31-05-1983.
- Is TECHNIC ONE still active?
- Yes, TECHNIC ONE is an active enterprise in the KBO register.
- How many employees does TECHNIC ONE have?
- TECHNIC ONE had an average of 29.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does TECHNIC ONE fall under?
- In its 30-09-2025 annual accounts, TECHNIC ONE states joint committees 209 (White-collar workers in metal manufacturing) and 112 (Garages).
- What is the turnover of TECHNIC ONE?
- The annual accounts for financial year 2025 state no turnover. In financial year 2018 turnover was €3.1m.
- Is TECHNIC ONE profitable?
- In financial year 2025, TECHNIC ONE made a loss of €4.5m.
- Where can I find the annual accounts of TECHNIC ONE?
- TECHNIC ONE filed 42 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
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