TECHNICAL FORCES
InactiveOverview
Overview
Official details
Source: KBO- Status
- Inactive deed of incorporation of 15-02-2011 · last publication under the heading End on 13-06-2022
- Activity
- No activity registered in the KBO
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
No score
Annual accounts 2020
- Gross margin
- -€1,223
- Loss
- €2,422
- Equity
- €29,559
- ▼ 7.6%
- Total assets
- €30,002
- ▼ 26.8%
Turnover not published (abbreviated or micro format)
Financials
Financials · financial year 2020, abbreviated format
2020 annual accounts filed 31 days after the deadline Filed on 31 August 2021, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2021-65200261.
Annual accounts 2020 filed on 31-08-2021 PDF all 9 filings
Equity
€29,559▼ 7.6%
2019 · €31,981
Total assets
€30,002▼ 26.8%
2019 · €40,983
Net result
-€2,422
2019 · €2,098
Working capital
€26,459▼ 7.6%
2019 · €28,633
Trend over the years
2018 to 2020, 3 financial years 2018 to 2020, 3 financial years
The operating result for 2020 is a loss of €2,494, after a profit of €2,054 in 2019.
Operating result-€2,494
2020
Net result-€2,422
2020
Total assets€30,002
2020
Equity€29,559
2020
Debt€443
2020
Working capital€26,459
2020
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020
Operating result-€20,751-€2,054-€2,494
Net result-€18,637-€2,098-€2,422
Equity€29,882-€31,981▲ 7.0%€29,559▼ 7.6%
Total assets€33,846-€40,983▲ 21.1%€30,002▼ 26.8%
Debt€3,963-€9,002▲ 127%€443▼ 95.1%
Working capital€29,107-€28,633▼ 1.6%€26,459▼ 7.6%
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €30,002
Fixed assets
€3,100 ▼ 7.4%
Current assets
€26,902 ▼ 28.5%
Equity and liabilities €30,002
Equity
€29,559 ▼ 7.6%
Debt
€443 ▼ 95.1%
Debt's share of the balance-sheet total falls from 22.0% to 1.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€2,246▼
2019 · €2,582
Cash flow
-€2,174▼
2019 · €2,626
Current ratio
60.74▲
2019 · 4.18
ROE
-8.2%▼
2019 · 6.6%
ROA
-8.1%▼
2019 · 5.1%
Debt ≤ 1 year
€443▼
2019 · €9,002
Income taxes
€225▲
2019 · €218
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €659 | €528 | €248 | ▼ 53.1% |
| Gross operating margin9900 | -€21,142 | €3,632 | -€1,223 | - |
| Operating profit (loss)9901 | -€20,751 | €2,054 | -€2,494 | - |
| Recurring financial income75 | €2,456 | €314 | €381 | ▲ 21.4% |
| Recurring financial charges65 | €102 | €52 | €84 | ▲ 63.0% |
| Profit (loss) for the period before taxes9903 | -€18,397 | €2,317 | -€2,197 | - |
| Income taxes67/77 | €240 | €218 | €225 | ▲ 2.8% |
| Profit (loss) for the period9904 | -€18,637 | €2,098 | -€2,422 | - |
| Profit (loss) for the period to be appropriated9905 | -€18,637 | €2,098 | -€2,422 | - |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €33,846 | €40,983 | €30,002 | ▼ 26.8% |
| Fixed assets21/28 | €775 | €3,348 | €3,100 | ▼ 7.4% |
| Tangible fixed assets22/27 | €775 | €248 | - | - |
| Financial fixed assets28 | - | €3,100 | €3,100 | = |
| Current assets29/58 | €33,070 | €37,635 | €26,902 | ▼ 28.5% |
| Amounts receivable within one year40/41 | €11,432 | €31,818 | €24,082 | ▼ 24.3% |
| Cash at bank and in hand54/58 | €19,079 | €5,227 | €2,230 | ▼ 57.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €33,846 | €40,983 | €30,002 | ▼ 26.8% |
| Equity10/15 | €29,882 | €31,981 | €29,559 | ▼ 7.6% |
| Contributions10/11 | €20,000 | €20,000 | - | - |
| Reserves13 | €15,000 | €15,000 | €15,000 | = |
| Profit (loss) carried forward14 | -€5,118 | -€3,019 | -€5,441 | ▼ 80.2% |
| Amounts payable17/49 | €3,963 | €9,002 | €443 | ▼ 95.1% |
| Amounts payable within one year42/48 | €3,963 | €9,002 | €443 | ▼ 95.1% |
| Trade debts44 | €2,424 | €2,225 | - | - |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€18,637 | €2,098 | -€2,422 | - |
| + Depreciation and write-downs630 | €659 | €528 | €248 | ▼ 53.1% |
| Operating cash flow (approximation) | -€17,978 | €2,626 | -€2,174 | - |
| Investment in fixed assets (approximation) | - | -€3,100 | €0 | - |
| Change in cash | - | -€13,852 | -€2,997 | ▲ 78.4% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2020 | abbreviated format | 31-08-2021 | 2021-65200261 | |
| 31-12-2019 | abbreviated format | 09-10-2020 | 2020-61400543 | |
| 31-12-2018 | micro format | 12-08-2019 | 2019-46200344 | |
| 31-12-2017 | micro format | 31-07-2018 | 2018-41500521 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-54600296 | |
| 31-12-2015 | abbreviated format | 11-08-2016 | 2016-41800098 | |
| 31-12-2014 | abbreviated format | 22-07-2015 | 2015-32700190 | |
| 31-12-2013 | abbreviated format | 20-08-2014 | 2014-43700451 | |
| 31-12-2012 | abbreviated format | 24-07-2013 | 2013-34000265 |
Board & ownership
Directors
Directors
Last change in 2022
Owners and capital
Owners
Mandate history
1 person, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Deprez Fleur |
|
Timeline
Acts, filings and financial milestones
2022
13-06
Gazette deed
Dissolution with immediate closure of the liquidationResignation: Deprez Fleur (director) · Net-asset statement · Auditor report12 points ▸
Gazette deed
Dissolution with immediate closure of the liquidation
Resignation: Deprez Fleur (director) · Net-asset statement · Auditor report12 points ▸
- Other provision, “5/2022-Anexes du Moniteur-belge, bijlage-identificatie” (deed in Dutch)
- General meeting, 16-05-2022
- Dissolution, “in één akte, algemene vergadering” (deed in Dutch)
- Other provision, “voorlegging verslagen” (deed in Dutch)
- Net-asset statement, 28-02-2022, “realisatiewaarde” (deed in Dutch)
- Auditor report, 05-04-2022
- Approval, “rekeningen, algemene vergadering” (deed in Dutch)
- Director resignation, Deprez Fleur (director)
- Director discharge, Deprez Fleur
- Liquidation closure, “geen gelden of waarden die aan schuldeisers of aandeelhouder toekomen en niet konden worden afgegeven” (deed in Dutch)
- Asset distribution, “resterend actief, overschrijving” (deed in Dutch)
- Custody of records, “8720 Dentergem (Markegem),Wakkenstraat 20 C, boeken en bescheiden” (deed in Dutch)
2021
31-08
abbreviated format · 31 days late
2020
31-12
Financial
Liquidity more than 14 timescurrent ratio 60.74
The current ratio rises from 4.18 to 60.74. Short-term debt falls from €9,002 to €443.
09-10
abbreviated format · 70 days late
2019
31-12
Financial
Back to profitnet €2,098
The net result is €2,098, after one loss-making year.
12-08
micro format · 12 days late
2018
31-07
micro format · on the deadline day
2017
31-08
micro format · 31 days late
2016
11-08
abbreviated format · 11 days late
2015
22-07
abbreviated format · 9 days before the deadline
2014
20-08
abbreviated format · 20 days late
2013
24-07
abbreviated format · 7 days before the deadline
2011
15-02
4 publications in the Belgian Official Gazette, the last on 13-06-2022
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
Inactive
TECHNICAL FORCES is no longer in the KBO register.
- Status
- Inactive
- Last annual accounts
- financial year to 31 December 2020
- Last registered office
- Emiel Clauslaan 95B Bus 0103, 9800 Deinzeas published on 13 June 2022
- Legal form
- Private limited company (pre-2019)
- First annual accounts
- financial year 2012