TECHNICAL ENGINEERING SOLUTIONS
ActiveTECHNICAL ENGINEERING SOLUTIONS has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €278k and a net result of €18k. Equity is growing by ~7.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 7330 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
86
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability32▼-68
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 6.91 against 5.12 in 2024), and 9.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
90.5%
Return on assets
5.7%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filingsDeviation from the deadline
2025
31 d late
2024
60 d late
2023
68 d late
2022
94 d late
2021
89 d late
2020
110 d late
2019
122 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€278k▲ 6.8%
2024 · €260k
2018: €107k
2019: €177k
2020: €193k
2021: €210k
2022: €219k
2023: €238k
2024: €260k
2018 → 2025
Total assets
€307k▲ 4.1%
2024 · €295k
2018: €231k
2019: €259k
2020: €221k
2021: €280k
2022: €339k
2023: €339k
2024: €295k
2018 → 2025
Net result
€18k▼ 65.9%
2024 · €52k
2018: €56k
2019: €79k
2020: €31k
2021: €67k
2022: €64k
2023: €79k
2024: €52k
2018 → 2025
Working capital
€171k▲ 20.7%
2024 · €142k
2018: €56k
2019: €119k
2020: €138k
2021: €154k
2022: €165k
2023: €145k
2024: €142k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€210k-€219k▲ 4.4%€238k▲ 8.8%€260k▲ 9.1%€278k▲ 6.8%
Operating result€71k-€68k▼ 5.1%€81k▲ 19.1%€54k▼ 33.2%€27k▼ 49.7%
Net result€67k-€64k▼ 3.7%€79k▲ 23.4%€52k▼ 34.6%€18k▼ 65.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 50% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €307k
Fixed assets
€107k▼ 9.9%
Current assets
€200k▲ 13.5%
Equity and liabilities €307k
Equity
€278k▲ 6.8%
Debt
€29k▼ 15.8%
The debt ratio falls from 11.7% to 9.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€46k▼
2024 · €67k
Cash flow
€36k▼
2024 · €65k
Solvency
90.5%▲
2024 · 88.3%
Current ratio
6.91▲
2024 · 5.12
Quick ratio
6.91▲
2024 · 5.12
Debt / equity
0.10▼
2024 · 0.13
ROE
6.4%▼
2024 · 19.9%
ROA
5.7%▼
2024 · 17.6%
Interest coverage
467.43▼
2024 · 1267.87
Debt
€29k▼
2024 · €34k
Debt ≤ 1 year
€29k▼
2024 · €34k
Income taxes
€10k▲
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€295k€307k▲
Fixed assets21/28€118k€107k▼
Tangible fixed assets22/27€68k€57k▼
Plant, machinery and equipment23€66k€55k▼
Furniture and vehicles24€2k€2k▼
Financial fixed assets28€50k€50k=
Current assets29/58€176k€200k▲
Amounts receivable within one year40/41€10k€15k▲
Trade receivables40€10k€15k▲
Current investments50/53€103k-
Cash at bank and in hand54/58€63k€186k▲
Deferred charges and accrued income490/1€276-
Equity and liabilities
Total equity and liabilities10/49€295k€307k▲
Equity10/15€260k€278k▲
Contributions10/11€19k€19k=
Reserves13€242k€259k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€240k€257k▲
Amounts payable17/49€34k€29k▼
Amounts payable within one year42/48€34k€29k▼
Trade debts44-€3k
Suppliers440/4-€3k
Taxes, remuneration and social security45€13k€26k▲
Taxes450/3€13k€23k▲
Remuneration and social security454/9€116€3k▲
Other amounts payable47/48€21k-
Income statement
Code20242025
Non-recurring operating income76A-€22k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€19k▲
Other operating charges640/8€890€5k▲
Gross operating margin9900€68k€51k▼
Operating profit (loss)9901€54k€27k▼
Financial income75/76B€3k€737▼
Recurring financial income75€3k€737▼
Financial charges65/66B€53€98▲
Recurring financial charges65€53€98▲
Profit (loss) for the period before taxes9903€57k€28k▼
Income taxes67/77€5k€10k▲
Profit (loss) for the period9904€52k€18k▼
Profit (loss) for the period to be appropriated9905€52k€18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€52k€18k▼
Transfer to equity691/2€22k€18k▼
To other reserves6921€22k€18k▼
Profit to be distributed694/7€30k-
Directors or managers695€30k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €18k ▼65.9%
Net result drops to €18k, the lowest in the series.
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 60 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 5.12
Current ratio from 2.44 to 5.12; short-term debt falls from €101k to €34k.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 68 days late
2023
02-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 94 days late
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 89 days late
2021
31-12
Financial
Equity above €200kEq €210k ▲8.7%
4 profitable years in a row build equity to €210k.
18-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 110 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 5.98
Current ratio from 2.44 to 5.98; short-term debt falls from €83k to €28k.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 122 days late
2019
31-12
Financial
Highest result since 2018net €79k ▲40.5%
Operating result €100k, net result €79k, both a record.
31-12
Financial
Equity above €150kEq €177k ▲64.5%
2 profitable years in a row build equity to €177k.
18-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 140 days late
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 141 days late
2017
20-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 81 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mechelen · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Boomkensstraat(HOM) 212811 MechelenGround area
2,631 m²
Building footprint
521 m²
Volume, LiDAR
2,834 m³
2 parcels, Flanders · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TECHNICAL ENGINEERING SOLUTIONS
since 20132.216.999.633
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12016C0100/00C000 | Flanders | 2,557 m² | 1 · 466 m² | 7.8 m · 2 fl. |
| 24502C0371/00K000 | Flanders | 75 m² | 1 · 55 m² | 12.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,808 companies in sector 41001 we hold annual accounts for 16,038. 11,201 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-02-2013
Fiscal year end31-12
Abbreviation NL
TengS
Activities, NACEBEL
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
71111Activities of building architects
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.