Technic Solutions
ActiveSummary
Technic Solutions has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €199,705 and a net result of €81,600. Its solvency ranks better than 36% of 2,299 sector peers (NACE 63, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 01-10-2015 Normal situation
- Activity
- Web portal activities NACE 63910and 1 other
- Establishment unit
- 2.247.870.872 9870 Zulte, since 12-10-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 01-01-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €116,802
- ▼ 16.8%
- Turnover
- ≈ €290,000
- estimated
- Profit
- €81,600
- ▼ 7.8%
- Equity
- €199,705
- ▲ 69.1%
- Total assets
- €511,269
- ▲ 222%
Score breakdownraises riskLiquidity: current ratio 2.57, cash €23,828lowers riskSize: total assets €511,269Sector: Computing infrastructure, data processing, hosting and other information service activities (NACE 63)Figures for financial year 2025 (filed on 24-07-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 63, micro). It does better than 37% of them on solvency, 38% on liquidity, 59% on profitability and 84% on growth.
The bankruptcy probability was computed on 04-11-2026 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 very low class on 30-06-2025, 0.1% 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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 21 days before the deadline. In the sector (NACE 63), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 24-07-2026 at the NBB all 2 filings
Amounts without an identifiable currency are taken as euros.
Every figure per financial year
The operating result for 2025 is 23% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €1,364 | €335,132 |
| Depreciation and write-downs of the year | €737 | €9,045 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2024 · 2 entries · €9,257 awarded · €9,257 paid| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €737 | €9,045 | ▲ 12× |
| Other operating charges640/8 | €632 | €617 | ▼ 2.3% |
| Gross operating margin9900 | €140,319 | €116,802 | ▼ 16.8% |
| Operating profit (loss)9901 | €138,951 | €107,139 | ▼ 22.9% |
| Financial income75/76B | €683 | €719 | ▲ 5.3% |
| Recurring financial income75 | €683 | €719 | ▲ 5.3% |
| Financial charges65/66B | €8,839 | €7,095 | ▼ 19.7% |
| Recurring financial charges65 | €8,839 | €7,095 | ▼ 19.7% |
| Profit (loss) for the period before taxes9903 | €130,794 | €100,764 | ▼ 23.0% |
| Income taxes67/77 | €42,276 | €19,164 | ▼ 54.7% |
| Profit (loss) for the period9904 | €88,518 | €81,600 | ▼ 7.8% |
| Profit (loss) for the period to be appropriated9905 | €88,518 | €81,600 | ▼ 7.8% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €158,802 | €511,269 | ▲ 222% |
| Fixed assets21/28 | €2,858 | €328,945 | ▲ 115× |
| Tangible fixed assets22/27 | €2,858 | €328,945 | ▲ 115× |
| Land and buildings22 | - | €317,042 | - |
| Plant, machinery and equipment23 | - | €8,302 | - |
| Furniture and vehicles24 | €2,858 | €3,602 | ▲ 26.0% |
| Current assets29/58 | €155,944 | €182,324 | ▲ 16.9% |
| Stocks and contracts in progress3 | €109,534 | €134,988 | ▲ 23.2% |
| Stocks30/36 | €67,692 | €70,686 | ▲ 4.4% |
| Contracts in progress37 | €41,843 | €64,302 | ▲ 53.7% |
| Amounts receivable within one year40/41 | €15,219 | €23,183 | ▲ 52.3% |
| Trade receivables40 | €6,794 | €3,131 | ▼ 53.9% |
| Other amounts receivable41 | €8,425 | €20,052 | ▲ 138% |
| Cash at bank and in hand54/58 | €31,042 | €23,828 | ▼ 23.2% |
| Deferred charges and accrued income490/1 | €149 | €324 | ▲ 118% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €158,802 | €511,269 | ▲ 222% |
| Equity10/15 | €118,104 | €199,705 | ▲ 69.1% |
| Contributions10/11 | €2,500 | €2,500 | = |
| Reserves13 | €115,560 | €195,560 | ▲ 69.2% |
| Distributable reserves133 | €115,560 | €195,560 | ▲ 69.2% |
| Profit (loss) carried forward14 | €44 | €1,645 | ▲ 37× |
| Amounts payable17/49 | €40,697 | €311,564 | ▲ 666% |
| Amounts payable after more than one year17 | - | €240,646 | - |
| Financial debts170/4 | - | €240,646 | - |
| Amounts payable within one year42/48 | €36,466 | €70,918 | ▲ 94.5% |
| Current portion of amounts payable after more than one year42 | - | €13,757 | - |
| Trade debts44 | €2,607 | €1,558 | ▼ 40.2% |
| Suppliers440/4 | €2,607 | €1,558 | ▼ 40.2% |
| Taxes, remuneration and social security45 | €11,276 | €18,713 | ▲ 66.0% |
| Taxes450/3 | €11,276 | €18,713 | ▲ 66.0% |
| Other amounts payable47/48 | €22,583 | €36,891 | ▲ 63.4% |
| Accrued charges and deferred income492/3 | €4,231 | - | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €88,518 | €81,600 | ▼ 7.8% |
| + Depreciation and write-downs630 | €737 | €9,045 | ▲ 12× |
| Operating cash flow (approximation) | €89,255 | €90,645 | ▲ 1.6% |
| Investment in fixed assets (approximation) | - | -€335,132 | - |
| Change in cash | - | -€7,214 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,811 companies had the same profile as Technic Solutions has now. Two years later, 96.5% were still going and 0.3% had gone bankrupt.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of Technic Solutions itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 17,811 companies, not a prediction for Technic Solutions. 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.
Board & ownership
Directors
Owners and capital
Capital transactions
- 05-06-2025 Converted to available equity · €2,500
Mandate history
- Board
- mandate already running before its first mention
- end not dated
| Name | Functions and periods |
|---|---|
| PANNECOUCKE Alexander |
|
| PANNECOUCKE Wim |
|
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Vergoeding bestuurders, algemene vergadering beslist al dan niet ten kosteloze titel”“Bestuursorgaan bepaalt of alleen of gezamenlijk optreden, dagelijks bestuur”
Capital, shares and profit
- Share issue ruleThe articles set how and by whom new shares are issued.
- “De bestuurder zelfstandig beslissen over de opvragingen van stortingen door de aandeelhouders, op voorwaarde van gelijke behandeling, Elk…”“Ten minste vijftien dagen te rekenen van de dag van de openstelling van de intekening, per e-mail of, voor de personen waarvan de…”
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
Articles of association, deed of 05-06-2025 (in Dutch)
Network & group
Technic Solutions shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of Technic Solutions. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
05-06
Gazette deed
Change of role: PANNECOUCKE Alexander, from zaakvoerder beherend vennoot to directorAppointment: PANNECOUCKE Wim (director) · “Detailhandel in allerlei producten via het internet (e-commerce); Overige detailhandel in nieuwe artikelen…” (deed in Dutch) · Legal-form conversion: from limited partnership to private limited company10 points ▸
- General meeting, 02-06-2025
- Purpose change, “Detailhandel in allerlei producten via het internet (e-commerce); Overige detailhandel in nieuwe artikelen; Groothandel in elektrisch materiaal, inclusief…” (deed in Dutch)
- Legal-form conversion, from limited partnership to private limited company
- 774 shares
- Registered office clause, Kouterweg 10, 9870 Zulte
- Director resignation, PANNECOUCKE Alexander (zaakvoerder beherend vennoot)
- Director appointment, PANNECOUCKE Alexander (director (not named in the articles))
- Director appointment, PANNECOUCKE Wim (director (not named in the articles))
- Power of attorney, Xavier DEWEER
- Auditor report, 21-05-2025
- The act holds 2 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
22 activities
- Detailhandel in allerlei producten via het internet (e-commerce)
- Overige detailhandel in nieuwe artikelen
- Groothandel in elektrisch materiaal, inclusief installatiemateriaal
- Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
- Groothandel in bouwmaterialen, algemeen assortiment
- Detailhandel in ICT-apparatuur
- Kleinhandel in audio- en videoapparatuur voor huishoudelijk gebruik, zoals radio- en televisietoestellen, videoweergavetoestellen, videocamera’s, hifimateriaal, …
- Reparatie en onderhoud van computers en communicatieapparatuur
- Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren
- Kleinhandel in computers en standaardprogrammatuur
- In het algemeen zal de vennootschap alle commerciële, financiële, roerende en onroerende handelingen mogen verrichten in rechtstreeks of onrechtstreeks, geheel of gedeeltelijk verband met haar voorwerp of die van die aard zouden zijn de verwezenlijking ervan te vergemakkelijken of uit te breiden.
- Het verwerven van participaties in eender welke vorm in alle bestaande of op te richten rechtspersonen en vennootschappen, het stimuleren, de planning, de coördinatie, de ontwikkeling van en de investering in rechtspersonen en ondernemingen waarin zij al of niet een participatie aanhoudt;
- Het verlenen van adviezen van financiële, technische, commerciële of administratieve aard; in de ruimste zin, met uitzondering van adviezen inzake beleggingen en geldplaatsingen; bijstand en diensten verlenen, rechtstreeks of onrechtstreeks op het vlak van administratie en financiën, verkoop, productie en algemeen bestuur;
- Het waarnemen van alle bestuursopdrachten en opdrachten van vereffenaars, het uitoefenen van opdrachten en functies;
- Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren, onder om het even welke vorm; in dit kader kan zij zich ook borg stellen of haar aval verlenen, in de meest ruime zin, alle handels- en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan kredietinstellingen;
- De vennootschap mag betrokken zijn bij wijze van inbreng, samensmelting, inschrijving of op elke andere wijze, in de ondernemingen, verenigingen of vennootschappen, die een gelijkaardig, soortgelijk of samenhangend voorwerp hebben of die nuttig zijn voor de verwezenlijking van het geheel of een gedeelte van haar voorwerp.
- De vennootschap mag optreden als vereffenaar van andere vennootschappen
- De vennootschap mag alle verrichtingen, met inbegrip van financiële, roerende en onroerende verrichtingen, doen die rechtstreeks of onrechtstreeks verband houden met het voorwerp van de vennootschap.
- Bovenvermelde opsomming is niet beperkend, zodat de vennootschap alle handelingen kan stellen, die op welke wijze ook kunnen bijdragen tot de verwezenlijking van haar voorwerp.
- De vennootschap mag geenszins aan vermogensbeheer of beleggingsadvies doen als bedoeld in de Wetten en Koninklijke Besluiten ter zake.
- De vennootschap zal zich dienen te onthouden van werkzaamheden die onderworpen zijn aan reglementaire bepalingen voor zover de vennootschap zelf niet aan deze bepalingen voldoet.
- De vennootschap zal haar voorwerp op alle plaatsen, zowel in België als in het buitenland mogen nastreven, op alle wijzen en volgens de modaliteiten die haar het best geschikt voorkomen.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44081B0481/00G003 | Flanders | 550 m² | 1 · 108 m² | 13.7 m · 2 |