Technical Touch
ActiveSummary
Technical Touch has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.7m and a net result of €1.6m. Equity is growing by about 6.2% per year across the filed financial years. Its solvency ranks better than 44% of 6,056 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Financials · financial year 2025, full format
In the rankings
#6 company by total assets in Lommel, Wholesale and retail trade sector#9 company by equity in Lommel, Wholesale and retail trade sector
Turnover
€17.1m▲ 18.6%
2024 · €14.4m
EBIT margin
13.8%▼ 1.5pp
2024 · 15.3%
Net result
€1.6m▼ 11.1%
2024 · €1.8m
Working capital
€459,083▼ 85.9%
2024 · €3.3m
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result recovers in 2025; 2025 is 7% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€17.1m
2025
Operating result€2.4m
2025
Net result€1.6m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€11.8m
2025
Equity€4.7m
2025
Debt€7.1m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.5m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin13.8%
2025
Return on assets (ROA)13.5%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency39.9%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.09
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)11.5
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Turnover€13.9m€11.8m▼ 15.2%€14.4m▲ 22.0%€17.1m▲ 18.6%
Operating result€0.5m-€0.2m▼ 70.0%€2.5m▲ 1,506%€0.2m▼ 90.8%€2.2m▲ 866%€2.2m=€2.4m▲ 6.9%
Net result€0.5m-€0.2mabove the sector's middle half▼ 62.1%€1.9mabove the sector's middle half▲ 826%-€0.08mbelow the sector's middle half-€1.0mbelow the sector's middle half▼ 1,025%€1.8mabove the sector's middle half€1.6mabove the sector's middle half▼ 11.1%
EBIT margin1.6%18.7%▲ 17.0pp15.3%▼ 3.4pp13.8%▼ 1.5pp
Equity€2.9m-€2.4mabove the sector's middle half▼ 17.3%€3.2mabove the sector's middle half▲ 36.4%€2.3mabove the sector's middle half▼ 29.1%€1.3mwithin the sector's middle half▼ 41.7%€3.1mwithin the sector's middle half▲ 134%€4.7mwithin the sector's middle half▲ 50.9%
Total assets€6.0m-€5.5mabove the sector's middle half▼ 7.8%€9.6mabove the sector's middle half▲ 75.0%€8.0mabove the sector's middle half▼ 16.8%€10.4mwithin the sector's middle half▲ 30.2%€8.4mwithin the sector's middle half▼ 19.8%€11.8mwithin the sector's middle half▲ 41.0%
Debt€3.1m-€3.1m▲ 0.9%€6.4m▲ 104%€5.0m▼ 22.3%€9.1m▲ 83.1%€5.2m▼ 42.3%€7.1m▲ 35.1%
Working capital€3.0m-€2.6mabove the sector's middle half▼ 13.0%€3.6mabove the sector's middle half▲ 37.2%€3.5mabove the sector's middle half▼ 3.1%€3.0mwithin the sector's middle half▼ 13.2%€3.3mwithin the sector's middle half▲ 7.3%€0.5mwithin the sector's middle half▼ 85.9%
Solvency47.9%-43.0%within the sector's middle half▼ 4.9pp33.5%within the sector's middle half▼ 9.5pp28.5%within the sector's middle half▼ 4.9pp12.8%below the sector's middle half▼ 15.8pp37.3%within the sector's middle half▲ 24.5pp39.9%within the sector's middle half▲ 2.6pp
Current ratio2.80-2.55within the sector's middle half▼ 0.241.78within the sector's middle half▼ 0.772.00within the sector's middle half▲ 0.231.48within the sector's middle half▼ 0.531.77within the sector's middle half▲ 0.301.09below the sector's middle half▼ 0.68
Return on assets (ROA)9.1%-3.8%within the sector's middle half▼ 5.4pp19.9%above the sector's middle half▲ 16.1pp-1.1%below the sector's middle half▼ 20.9pp-9.1%below the sector's middle half▼ 8.1pp21.3%above the sector's middle half▲ 30.5pp13.5%above the sector's middle half▼ 7.9pp
Staff (FTE)8.2-10above the sector's middle half▲ 22.0%11.3above the sector's middle half▲ 13.0%13.6above the sector's middle half▲ 20.4%12.7within the sector's middle half▼ 6.6%11.3within the sector's middle half▼ 11.0%11.5within the sector's middle half▲ 1.8%
above
within
below
the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Why a figure moved sharply
- 2023 Net result -1,025% on 2022. The accounts now follow the full format, last year the abbreviated format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11.8m
Fixed assets
€6.2m ▲ 585%
Current assets
€5.6m ▼ 24.8%
Equity and liabilities €11.8m
Equity
€4.7m ▲ 50.9%
Provisions
€0 ▼ 100%
Debt
€7.1m ▲ 35.1%
Debt's share of the balance-sheet total falls from 62.7% to 60.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€2.7m▲
2024 · €2.5m
Cash flow
€1.9m▼
2024 · €2.0m
Quick ratio
0.34▼
2024 · 1.21
Debt to equity
1.51▼
2024 · 1.68
ROE
33.7%▼
2024 · 57.3%
Interest coverage
15.51▼
2024 · 24.63
Debt ≤ 1 year
€5.1m▲
2024 · €4.2m
Debt > 1 year
€1.9m▲
2024 · €1.0m
Income taxes
€579,036▲
2024 · €272,167
Staff costs
€879,461▼
2024 · €889,450
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,139 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95.0% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95.0%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,139 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | - | €11.9m | €14.5m | €17.2m | ▲ 18.4% |
| Turnover70 | - | - | - | €13.9m | €11.8m | €14.4m | €17.1m | ▲ 18.6% |
| Other operating income74 | - | - | - | - | €0.07m | €0.1m | €0.08m | ▼ 28.7% |
| Non-recurring operating income76A | - | - | €0.1m | €0 | €0.007m | €0.009m | €0.02m | ▲ 153% |
| Operating charges60/66A | - | - | - | - | €9.7m | €12.3m | €14.9m | ▲ 20.4% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €11.4m | - | - | - | - |
| Goods for resale, raw materials and consumables60 | - | - | - | - | €7.4m | €8.8m | €11.3m | ▲ 29.1% |
| Purchases600/8 | - | - | - | - | €8.6m | €7.5m | €12.8m | ▲ 71.3% |
| Change in stocks: decrease (increase)609 | - | - | - | - | -€1.2m | €1.3m | -€1.5m | - |
| Services and other goods61 | - | - | - | - | €1.8m | €2.4m | €2.4m | ▼ 0.5% |
| Remuneration, social security and pensions62 | - | - | €0.6m | €0.8m | €0.9m | €0.9m | €0.9m | ▼ 1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 29.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | -€0.02m | €0.004m | €0.02m | €0.04m | -€0.06m | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €0.8m | -€0.8m | €0 | - | - |
| Other operating charges640/8 | - | - | €0.04m | €0.02m | €0.02m | €0.03m | €0.03m | ▼ 16.4% |
| Non-recurring operating charges66A | - | - | €0.005m | €0.6m | €0.2m | €0.004m | €0.03m | ▲ 610% |
| Gross operating margin9900 | €1.5m | €0.8m | €3.4m | €2.6m | - | - | - | - |
| Operating profit (loss)9901 | €0.5m | €0.2m | €2.5m | €0.2m | €2.2m | €2.2m | €2.4m | ▲ 6.9% |
| Financial income75/76B | - | - | €0.1m | €1.0m | €0.2m | €0.1m | €0.2m | ▲ 70.1% |
| Recurring financial income75 | €0.1m | €0.2m | €0.1m | €1.0m | €0.2m | €0.1m | €0.2m | ▲ 70.1% |
| Income from financial fixed assets750 | - | - | - | - | - | - | €0.2m | - |
| Income from current assets751 | - | - | - | - | €0.1m | €0.1m | €0 | ▼ 100% |
| Other financial income752/9 | - | - | - | - | €0.05m | €0.04m | €0.08m | ▲ 81.5% |
| Financial charges65/66B | - | - | €0.2m | €1.3m | €3.3m | €0.3m | €0.4m | ▲ 47.9% |
| Recurring financial charges65 | €0.09m | €0.1m | €0.2m | €1.3m | €3.3m | €0.3m | €0.4m | ▲ 47.9% |
| Debt charges650 | - | - | - | - | €0.06m | €0.1m | €0.2m | ▲ 73.3% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | - | - | - | €400 | €0 | - | - |
| Other financial charges652/9 | - | - | - | - | €3.3m | €0.2m | €0.3m | ▲ 35.3% |
| Profit (loss) for the period before taxes9903 | €0.6m | €0.2m | €2.4m | -€0.08m | -€0.9m | €2.1m | €2.2m | ▲ 5.4% |
| Transfer from deferred taxes780 | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | ▼ 25.7% |
| Income taxes67/77 | €0.03m | €0.02m | €0.5m | €0.005m | €0.004m | €0.3m | €0.6m | ▲ 113% |
| Taxes670/3 | - | - | - | - | €0.004m | €0.3m | €0.6m | ▲ 113% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | €0.001m | €0 | - | - |
| Profit (loss) for the period9904 | €0.5m | €0.2m | €1.9m | -€0.08m | -€1.0m | €1.8m | €1.6m | ▼ 11.1% |
| Transfer from tax-exempt reserves789 | - | - | €0.003m | €0.2m | €0.6m | €0.2m | €0.7m | ▲ 243% |
| Transfer to tax-exempt reserves689 | - | - | €1.1m | €0.2m | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €0.7m | €0.4m | €0.9m | -€0.1m | -€0.4m | €2.0m | €2.3m | ▲ 15.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €6.0m | €5.5m | €9.6m | €8.0m | €10.4m | €8.4m | €11.8m | ▲ 41.0% |
| Fixed assets21/28 | €1.3m | €1.2m | €1.4m | €1.0m | €1.1m | €0.9m | €6.2m | ▲ 585% |
| Intangible fixed assets21 | €0.08m | €0.08m | €0.06m | €0.03m | €0.1m | €0.1m | €0.1m | ▼ 2.9% |
| Tangible fixed assets22/27 | €0.9m | €0.8m | €1.0m | €1.0m | €0.9m | €0.8m | €1.7m | ▲ 119% |
| Land and buildings22 | - | - | €0.5m | €0.4m | €0.4m | €0.3m | €0.2m | ▼ 25.7% |
| Plant, machinery and equipment23 | - | - | €0.03m | €0.05m | €0.07m | €0.1m | €0.3m | ▲ 184% |
| Furniture and vehicles24 | - | - | €0.4m | €0.3m | €0.2m | €0.1m | €0.2m | ▲ 33.9% |
| Leasing and similar rights25 | - | - | €0.03m | €0.02m | €0.02m | €0.008m | €0.6m | ▲ 7,817% |
| Assets under construction and advance payments27 | - | - | - | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 56.9% |
| Financial fixed assets28 | €0.3m | €0.3m | €0.3m | €0.01m | €0.01m | €0.01m | €4.4m | ▲ 43,505% |
| Affiliated companies280/1 | - | - | - | - | - | - | €4.4m | - |
| Amounts receivable281 | - | - | - | - | - | - | €4.4m | - |
| Other financial fixed assets284/8 | - | - | - | - | €0.01m | €0.01m | €0.01m | = |
| Shares284 | - | - | - | - | €0.01m | €0.01m | €0.01m | = |
| Current assets29/58 | €4.7m | €4.3m | €8.2m | €7.0m | €9.4m | €7.5m | €5.6m | ▼ 24.8% |
| Amounts receivable after more than one year29 | - | - | €1.3m | €2.1m | €2.3m | €3.9m | €0 | ▼ 100% |
| Other amounts receivable291 | - | - | €1.3m | €2.1m | €2.3m | €3.9m | €0 | ▼ 100% |
| Stocks and contracts in progress3 | €2.0m | €1.9m | €2.5m | €2.5m | €3.7m | €2.4m | €3.9m | ▲ 64.7% |
| Stocks30/36 | - | - | €2.5m | €2.5m | €3.7m | €2.4m | €3.9m | ▲ 64.7% |
| Goods purchased for resale34 | - | - | - | - | €3.7m | €2.4m | €3.9m | ▲ 64.7% |
| Amounts receivable within one year40/41 | €1.8m | €1.4m | €3.8m | €1.3m | €2.6m | €1.0m | €1.6m | ▲ 57.1% |
| Trade receivables40 | - | - | €1.7m | €0.4m | €1.8m | €0.6m | €1.5m | ▲ 165% |
| Other amounts receivable41 | - | - | €2.1m | €0.9m | €0.8m | €0.5m | €0.1m | ▼ 71.4% |
| Current investments50/53 | €0.05m | €0.05m | €0.05m | €400 | €0 | - | - | - |
| Other investments51/53 | - | - | - | - | €0 | - | - | - |
| Cash at bank and in hand54/58 | €0.4m | €0.2m | €0.3m | €0.9m | €0.6m | €0.2m | €0.1m | ▼ 44.8% |
| Deferred charges and accrued income490/1 | - | - | €0.2m | €0.2m | €0.2m | €0.01m | €0.007m | ▼ 50.2% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €6.0m | €5.5m | €9.6m | €8.0m | €10.4m | €8.4m | €11.8m | ▲ 41.0% |
| Equity10/15 | €2.9m | €2.4m | €3.2m | €2.3m | €1.3m | €3.1m | €4.7m | ▲ 50.9% |
| Contributions10/11 | €0.2m | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Reserves13 | €2.7m | €2.2m | €3.1m | €2.1m | €2.1m | €3.0m | €4.5m | ▲ 53.6% |
| Tax-exempt reserves132 | - | - | €1.9m | €1.9m | €1.3m | €1.1m | €0.4m | ▼ 61.6% |
| Distributable reserves133 | - | - | €1.2m | €0.2m | €0.8m | €1.8m | €4.1m | ▲ 126% |
| Profit (loss) carried forward14 | - | - | - | €0 | -€0.9m | €0 | - | - |
| Provisions and deferred taxes16 | €0.008m | €0.007m | €0.005m | €0.8m | €0.003m | €0.001m | €0 | ▼ 100% |
| Provisions for liabilities and charges160/5 | - | - | - | €0.8m | €0 | - | - | - |
| Other liabilities and charges164/5 | - | - | - | €0.8m | €0 | - | - | - |
| Deferred taxes168 | - | - | €0.005m | €0.004m | €0.003m | €0.001m | €0 | ▼ 100% |
| Amounts payable17/49 | €3.1m | €3.1m | €6.4m | €5.0m | €9.1m | €5.2m | €7.1m | ▲ 35.1% |
| Amounts payable after more than one year17 | €1.4m | €1.4m | €1.7m | €1.4m | €2.7m | €1.0m | €1.9m | ▲ 86.5% |
| Financial debts170/4 | - | - | €0.7m | €0.5m | €0.3m | €0.2m | €1.9m | ▲ 745% |
| Leasing and similar obligations172 | - | - | - | - | €0.008m | €0.001m | €0.5m | ▲ 42,663% |
| Credit institutions173 | - | - | - | - | €0.3m | €0.2m | €1.4m | ▲ 525% |
| Other amounts payable178/9 | - | - | €1.0m | €0.9m | €2.4m | €0.8m | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €1.7m | €1.7m | €4.6m | €3.5m | €6.3m | €4.2m | €5.1m | ▲ 22.4% |
| Current portion of amounts payable after more than one year42 | - | - | €0.2m | €0.2m | €0.2m | €0.1m | €0.6m | ▲ 405% |
| Financial debts43 | - | - | €0.5m | €0.5m | €0.8m | €1.5m | €1.2m | ▼ 20.0% |
| Credit institutions430/8 | - | - | €0.5m | €0.5m | €0.8m | €1.5m | €1.2m | ▼ 20.0% |
| Trade debts44 | €0.2m | €0.2m | €2.1m | €0.7m | €1.8m | €1.3m | €1.8m | ▲ 45.4% |
| Suppliers440/4 | - | - | €2.1m | €0.7m | €1.8m | €1.3m | €1.8m | ▲ 45.4% |
| Advances received on contracts in progress46 | - | - | - | - | €1.8m | €0 | €0.8m | - |
| Taxes, remuneration and social security45 | - | - | €0.5m | €0.08m | €0.1m | €0.1m | €0.3m | ▲ 193% |
| Taxes450/3 | - | - | €0.4m | €0.007m | €0.02m | €15 | €0.2m | ▲ 1,260,339% |
| Remuneration and social security454/9 | - | - | €0.08m | €0.08m | €0.1m | €0.1m | €0.1m | ▲ 3.9% |
| Other amounts payable47/48 | - | - | €1.3m | €1.9m | €1.6m | €1.2m | €0.4m | ▼ 65.2% |
| Accrued charges and deferred income492/3 | - | - | €0.02m | €0.08m | €0.02m | €0 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.5m | €0.2m | €1.9m | -€0.08m | -€1.0m | €1.8m | €1.6m | ▼ 11.1% |
| + Depreciation and write-downs630 | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 29.7% |
| Operating cash flow (approximation) | €0.9m | €0.4m | €2.1m | €0.1m | -€0.7m | €2.0m | €1.9m | ▼ 6.2% |
| Investment in fixed assets (approximation) | - | -€0.1m | -€0.4m | €0.1m | -€0.3m | -€0.09m | -€5.6m | ▼ 5,891% |
| Change in cash | - | -€0.2m | €0.05m | €0.6m | -€0.3m | -€0.4m | -€0.08m | ▲ 79.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | full format | 10-04-2026 | 2026-00080227 |
| 30-09-2024 | full format | 01-04-2025 | 2025-00062872 |
| 30-09-2023 | full format | 26-04-2024 | 2024-00071977 |
| 30-09-2022 | abbreviated format | 28-04-2023 | 2023-00081339 |
| 30-09-2021 | abbreviated format | 29-04-2022 | 2022-20021371 |
| 30-09-2020 | abbreviated format | 30-04-2021 | 2021-12400082 |
| 30-09-2019 | abbreviated format | 30-04-2020 | 2020-11100598 |
| 30-09-2018 | abbreviated format | 30-04-2019 | 2019-11600306 |
| 30-09-2017 | abbreviated format | 05-04-2018 | 2018-08900238 |
| 30-09-2016 | abbreviated format | 31-03-2017 | 2017-07800058 |
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Wielsbeke · equity €4.5m
Mooof
BE 0876.505.658
Wielsbeke · equity €3.7m
INTERNATIONAL GARAGE
BE 0420.446.597
Tournai · equity €2.4m
Moteo Two Wheels Europe
BE 0421.855.572
Kontich · equity €11.4m
MOTORKIT 2
BE 0442.807.275
Ans · equity €1.9m
Of the 168 active companies whose main activity is wholesale trade (NACE 46730), figures are known for 88. 24 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2022 to 2025 · 4 entries · €9,390 awarded · €9,276 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €7,500 | €7,500 |
| 2024 | 1 | €1,064 | €950 |
| 2023 | 1 | €574 | €574 |
| 2022 | 1 | €252 | €252 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.