Skip to content

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

Overview

Activity
Activity not known1 site
Size
€23total assets 2020
Equity
-€15,447
Loss
-€191
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
12.1%
2020 figures too old to score
Structure
2021 accounts not filed, 1548 days past the deadline2 deeds in the Belgian Official Gazette
Signalsraises riskFigures for financial year 2020 (filed 03-09-2021)Ex-officio strike-off in the KBO2020 accounts filed 30 days lateAdministrative warnings in the KBO publicationslowers riskSize: total assets €23Founded in 1993neutralNo filing for yearsShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Bankruptcy probability: High
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2020 · tick = 2019
Weak
Solvency 0=
equity -67960.0% of total assets
Liquidity 0=
short-term debt 68060.0%
Profitability 0=
return on assets -842.4%
Bankruptcy probability, 12 months
12.1% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 7.8%lowest value 12-2024: 7.8%● unchanged vs 11-2024lowest value 01-2025: 7.8%● unchanged vs 12-2024lowest value 02-2025: 7.8%● unchanged vs 01-2025lowest value 03-2025: 7.8%● unchanged vs 02-2025lowest value 04-2025: 7.8%● unchanged vs 03-2025lowest value 05-2025: 13.9%▲ +6.1 percentage points vs 04-2025highest value 06-2025: 13.9%● unchanged vs 05-2025highest value 07-2025: 13.9%● unchanged vs 06-2025highest value 08-2025: 13.9%● unchanged vs 07-2025highest value 09-2025: 13.9%● unchanged vs 08-2025highest value 10-2025: 13.9%● unchanged vs 09-2025highest value 11-2025: 13.9%● unchanged vs 10-2025highest value 12-2025: 12.8%▼ -1.1 percentage points vs 11-2025 01-2026: 12.8%● unchanged vs 12-2025 02-2026: 12.8%● unchanged vs 01-2026 03-2026: 12.1%▼ -0.7 percentage points vs 02-2026 04-2026: 12.1%● unchanged vs 03-2026 05-2026: 12.1%● unchanged vs 04-2026 06-2026: 12.1%● unchanged vs 05-2026 07-2026: 12.1%● unchanged vs 06-2026 08-2026: 12.1%● unchanged vs 07-2026 09-2026: 12.1%● unchanged vs 08-2026 10-2026: 12.1%● unchanged vs 09-2026
Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2020 (filed 03-09-2021)
NBB · annual accounts
lowers risk · Size: total assets €23
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1993
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Ex-officio strike-off in the KBO
KBO publications
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-12-2021 year end31-07-2022 deadline26-10-2026 today
raises risk · 2020 accounts filed 30 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 30-08-2021, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
30 days late
2019
90 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 60 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
UBO non-compliance
  1. UBO non-complianceevent 31-03-2025
  2. Annual accounts filedfinancial year 2020 · micro…
  3. Annual accounts filedfinancial year 2019 · micro…

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 26 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.

Download as CSV

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.

Directors

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 9 September 1993, TECHNICAL POLYGLOT ENGINEERING was incorporated.1 The company has filed 27 sets of annual accounts, the latest for financial year 2020.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2020

Acts, filings and financial milestones

2025
11-04
KBO administration UBO non-compliance
event 31-03-2025
2021
30-08
NBB filing Annual accounts filed
financial year 2020 · micro format · 30 days late
2020
29-10
NBB filing Annual accounts filed
financial year 2019 · micro format · 90 days late
2019
31-12
Financial Weakest financial yearnet -€770
Net result drops to -€770, the lowest in the series; recovery starts the following year.
18-09
NBB filing Annual accounts filed
financial year 2018 · micro format · 49 days late
2018
11-09
NBB filing Annual accounts filed
financial year 2017 · micro format · 42 days late
2017
28-08
NBB filing Annual accounts filed
financial year 2016 · micro format · 28 days late
2016
30-06
NBB filing Annual accounts filed
financial year 2015 · abbreviated format
2015
30-07
NBB filing Annual accounts filed
financial year 2014 · abbreviated format
2014
25-06
NBB filing Annual accounts filed
financial year 2013 · abbreviated format
2013
24-07
NBB filing Annual accounts filed
financial year 2012 · abbreviated format
2012
09-07
NBB filing Annual accounts filed
financial year 2011 · abbreviated format
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 27 annual accounts filed, the latest 10 are here; all 27 are under Financials.
0 of 2 deeds read
About the unread acts

We know of 2 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded09-09-1993
Financial year end31-12
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if you send it electronically, you need their agreement on a secure channel. The invoice remains valid; it is the customer, not you, who risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 26 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Brugge · 1 establishment unit since 1993
registered office establishment The establishment unit on the map
Ground area
970 m²
Building footprint
254 m²
Building volume
3,326 m³
Parcel 31424B0726/00X000, Flanders · tallest building 16.6 m. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Peter Benoitlaan 56, 8200 Brugge
Office administrative and support services
since 1993unit no. 2.063.638.574
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
31424B0726/00X000 Flanders 970 m² 1 · 254 m² 16.6 m · 4
How the parcels are linked
Good to know
The parcel matches the address exactly.