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TECHNICAL POLYGLOT ENGINEERING

Active
Private limited company (pre-2019)founded 1993active for 33 yearsPeter Benoitlaan 56, 8200 Brugge, BelgiumKBO/BCE: BE 0450.827.987
Summary

The computed 12-month bankruptcy probability of TECHNICAL POLYGLOT ENGINEERING is 12.1% (high). The 2020 annual accounts show negative equity (-€15,447) and a net result of -€191. Equity is shrinking by about 3.1% per year across the filed financial years. The company has been active since 1993 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

TECHNICAL POLYGLOT ENGINEERINGActive

Financials · financial year 2020, micro format

2021 annual accounts not yet filed, deadline passed on 31 July 2022 Financial year closed on 31 December 2021; filing due at the latest 7 months after the close (Companies Code art. 3:10). 5 financial years without a filing since the last one filed. Source: NBB filings, as of 19 October 2026.

Equity
-€15,447▼ 1.3%
2019 · -€15,256
Total assets
€23=
2019 · €23
Net result
-€191▲ 75.1%
2019 · -€770
Working capital
Not included in this filing
Trend over the years

2018 to 2020, 3 financial years 2018 to 2020, 3 financial years

The operating result stays negative: a loss of €605 in 2019 against €453 in 2018; the loss grows.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€605 2019 Net result-€191 2020

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-€453--€605▼ 33.7%
Net result-€644--€770▼ 19.5%-€191▲ 75.1%
Equity-€14,486--€15,256▼ 5.3%-€15,447▼ 1.3%
Total assets€23-€23=€23=
Debt€14,509-€15,279▲ 5.3%€15,470▲ 1.3%
Turnover and EBIT margin not published: the micro format does not require them.
Key figures and ratios
2020 value · change against 2019
Debt ≤ 1 year
€15,470▲
2019 · €15,279
Ratios withheld: a balance sheet total of €23 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 15 lines
Balance sheet Code20192020
Assets
Total assets20/58€23€23=
Fixed assets21/28€23€23=
Financial fixed assets28€23€23=
Equity and liabilities
Total equity and liabilities10/49€23€23=
Equity10/15-€15,256-€15,447▼
Contributions10/11€18,600-
Reserves13€6,860€6,860=
Profit (loss) carried forward14-€40,716-€40,907▼
Amounts payable17/49€15,279€15,470▲
Amounts payable within one year42/48€15,279€15,470▲
Income statement Code20192020
Operating profit (loss)9901-€605-
Recurring financial charges65€165€191▲
Profit (loss) for the period before taxes9903-€770-€191▲
Profit (loss) for the period9904-€770-€191▲
Profit (loss) for the period to be appropriated9905-€770-€191▲
Line201820192020Change
Operating profit (loss)9901-€453-€605--
Recurring financial charges65€192€165€191▲ 16.3%
Profit (loss) for the period before taxes9903-€644-€770-€191▲ 75.1%
Profit (loss) for the period9904-€644-€770-€191▲ 75.1%
Profit (loss) for the period to be appropriated9905-€644-€770-€191▲ 75.1%
Line201820192020Change
Assets
Total assets20/58€23€23€23=
Fixed assets21/28€23€23€23=
Financial fixed assets28€23€23€23=
Equity and liabilities
Total equity and liabilities10/49€23€23€23=
Equity10/15-€14,486-€15,256-€15,447▼ 1.3%
Contributions10/11€18,600€18,600--
Reserves13€6,860€6,860€6,860=
Profit (loss) carried forward14-€39,946-€40,716-€40,907▼ 0.5%
Amounts payable17/49€14,509€15,279€15,470▲ 1.3%
Amounts payable within one year42/48€14,509€15,279€15,470▲ 1.3%
Trade debts44€505---
Line201820192020Change
Profit (loss) for the period9904-€644-€770-€191▲ 75.1%
Operating cash flow (approximation)-€644-€770-€191▲ 75.1%
Investment in fixed assets (approximation)-€0€0-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 27 filings with the National Bank
Financial year Type Filed Reference
31-12-2020 micro format 30-08-2021 2021-59700106
31-12-2019 micro format 29-10-2020 2020-64800039
31-12-2018 micro format 18-09-2019 2019-64700247
31-12-2017 micro format 11-09-2018 2018-62500482
31-12-2016 micro format 28-08-2017 2017-49700513
31-12-2015 abbreviated format 30-06-2016 2016-25600460
31-12-2014 abbreviated format 30-07-2015 2015-37400380
31-12-2013 abbreviated format 25-06-2014 2014-21700024
31-12-2012 abbreviated format 24-07-2013 2013-34500139
31-12-2011 abbreviated format 09-07-2012 2012-27500162

Show all 27 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.