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TECHNICAL DEVELOPMENT SERVICE

Active Private limited companyfounded 1987active for 39 yearsAvenue des Peupliers 2, 4671 BlegnyKBO/BCE: BE 0432.404.620 #7 oldest company in Blegny, Manufacturing sector

Lifetime

20 annual accounts with figures on one time axis, 33 filings since 1993
peak €95,800 (2009)
-€9,707▼ €23,359
lowest -€37,923 (2016)
-€8,150▼ €17,891
peak €39,832 (2024)
€31,681▼ 20.5%
€14,542▲ 8.0%
peak 2.5 FTE (2011)
-not published
Board2 names since 2017
1 director
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €13,652 to -€9,707Loss of €8,150Equity from €39,832 to €31,681Cash from €18,259 to €3,334

Key points

from the 2025 annual accounts

Filings

33 annual accounts since 1993
AprilJune31 JulyOctober200020102020

Eight of the last ten came late. The 2019 accounts came latest: 153 days after the end of the period.

Position in the sector

-€8,150

Lower net result than 86% of companies in fabricated metal products. Sector median €11,780 · 2,515 companies.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 5,828 companies had the same profile as TECHNICAL DEVELOPMENT SERVICE has now. Each dot stands for 15 companies, two years later.

84.6%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 5,828 companies, not a prediction for TECHNICAL DEVELOPMENT SERVICE. 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

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Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0432404620
1 manager resigning, 1 director reappointed Resignation: (manager) · Reappointment: (sole director) · Permanent representative: · General meeting of 28-12-2023 · Gazette deed
Registered office moved within Saive New registered office: Avenue des Peupliers 2, 4671 SAIVE · Previous registered office: Avenue des Peupliers, 1-4671 SAIVE · General meeting of 22-08-2019 · Gazette deed
Registered office moved from Schaerbeek to Saive New registered office: Avenue des Peupliers 1, 4671 SAIVE · Previous registered office: Rue Vanderlinden, 115-1030 SCHAERBEEK · Resignation: (manager) · General meeting of 20-06-2018 · Gazette deed
All 47 events

Comparable companies

same main activity, similar in size and age
Company
TECHNICAL DEVELOPMENT SERVICE Blegny €46,223 -€9,707 68.5% -
CHASSIS M. Sombreffe €83,231 -€32,654 98.0% -
Etablissement AMAND Freddy Etterbeek €90,758 -€18,009 93.5% -
BVM CONSTRUCT Kortenaken €44,613 €2,024 15.5% -
KOBAN Sint-Pieters-Leeuw €71,872 €2,719 92.0% -
ACINOX Morlanwelz €49,273 -€559 -410.6% -
DE WOLF A & K Maarkedal €164,307 -€3,985 8.5% -

These companies have the same main activity as TECHNICAL DEVELOPMENT SERVICE: manufacture of fabricated metal products, except machinery and equipment (NACE 25120). They are comparable in size and age: total assets between €44,600 and €164,000, founded between 1985 and 2008.

Official details

Source: KBO
Status
Active since 10-11-1987Normal situation
Activity
Manufacture of fabricated metal products, except machinery and equipmentNACE 25120
Joint committee
124Construction · annual accounts 2021
Establishment unit
2.031.439.9204671 Blegny, since 17-11-1987
Financial year end
31 December
Peppol
Reachable since 29-12-2025
Company details

Annual accounts 2025

€46,223▼ 13.3%
Filing
Filed on 31-08-2026
Financials

Insights on TECHNICAL DEVELOPMENT SERVICE

TECHNICAL DEVELOPMENT SERVICE files the micro format. That format states no turnover. The gross margin fell from €65,533 in 2006 to -€9,707 in 2025.

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 TECHNICAL DEVELOPMENT SERVICE

What is the company number of TECHNICAL DEVELOPMENT SERVICE?
The company number of TECHNICAL DEVELOPMENT SERVICE is 0432.404.620. The VAT number is the same number with BE in front: BE 0432.404.620.
Where is TECHNICAL DEVELOPMENT SERVICE based?
The registered office is at Avenue des Peupliers 2, 4671 Blegny.Company details
What does TECHNICAL DEVELOPMENT SERVICE do?
According to the KBO register, the main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25120).
What is the legal form of TECHNICAL DEVELOPMENT SERVICE?
TECHNICAL DEVELOPMENT SERVICE is a private limited company (BV).
When was TECHNICAL DEVELOPMENT SERVICE founded?
TECHNICAL DEVELOPMENT SERVICE was founded on 10-11-1987.
Is TECHNICAL DEVELOPMENT SERVICE still active?
Yes, TECHNICAL DEVELOPMENT SERVICE is an active enterprise in the KBO register.
How many employees does TECHNICAL DEVELOPMENT SERVICE have?
TECHNICAL DEVELOPMENT SERVICE had an average of 1 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
Which joint committee does TECHNICAL DEVELOPMENT SERVICE fall under?
In its 2021 annual accounts, TECHNICAL DEVELOPMENT SERVICE states joint committee 124 (Construction).
What is the turnover of TECHNICAL DEVELOPMENT SERVICE?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
Is TECHNICAL DEVELOPMENT SERVICE profitable?
In financial year 2025, TECHNICAL DEVELOPMENT SERVICE made a loss of €8,150.
Where can I find the annual accounts of TECHNICAL DEVELOPMENT SERVICE?
TECHNICAL DEVELOPMENT SERVICE filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TECHNICAL DEVELOPMENT SERVICE due?
TECHNICAL DEVELOPMENT SERVICE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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