Skip to content

TECHNICAL TRAINING CONSULTANCY

Active
Private limited companyfounded 2011active for 15 yearsAvenue de Scailmont 97, 7170 Manage, BelgiumKBO/BCE: BE 0837.484.043

Financials · financial year 2025, micro format

2025 annual accounts filed 26 days after the deadline Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00449352.

Annual accounts 2025 filed on 26-08-2026 at the NBB all 14 filings

Turnover
≈ €160,000
Estimated: probably between €110,000 and €280,000
Total assets
€158,774▲ 2.6%
2024 · €154,765
Net result
€26,647▲ 32.5%
2024 · €20,115
Working capital
€109,708▲ 55.1%
2024 · €70,722
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is 27% higher than in 2024. It is a recovery after the fall in 2024.

Operating result€38,815 2025 Net result€26,647 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Education (NACE 85). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€6,707-€255▼ 96.2%€20,033▲ 79×€15,738▼ 21.4%€49,579▲ 215%€47,689▼ 3.8%€30,475▼ 36.1%€38,815▲ 27.4%
Net result€4,062--€453€13,664within the sector's middle half€11,276within the sector's middle half▼ 17.5%€33,102above the sector's middle half▲ 194%€22,904within the sector's middle half▼ 30.8%€20,115within the sector's middle half▼ 12.2%€26,647within the sector's middle half▲ 32.5%
Equity€77,895-€64,333▼ 17.4%€56,057within the sector's middle half▼ 12.9%€62,634within the sector's middle half▲ 11.7%€81,312within the sector's middle half▲ 29.8%€104,216within the sector's middle half▲ 28.2%€124,331above the sector's middle half▲ 19.3%€150,978above the sector's middle half▲ 21.4%
Total assets€106,854-€89,236▼ 16.5%€97,915within the sector's middle half▲ 9.7%€97,670within the sector's middle half▼ 0.3%€119,884within the sector's middle half▲ 22.7%€145,199within the sector's middle half▲ 21.1%€154,765within the sector's middle half▲ 6.6%€158,774within the sector's middle half▲ 2.6%
Debt€28,958-€24,903▼ 14.0%€41,858▲ 68.1%€35,036▼ 16.3%€38,572▲ 10.1%€40,983▲ 6.3%€30,434▼ 25.7%€7,796▼ 74.4%
Working capital€26,112-€24,940▼ 4.5%€31,063within the sector's middle half▲ 24.6%€22,246within the sector's middle half▼ 28.4%€45,805within the sector's middle half▲ 106%€48,345within the sector's middle half▲ 5.5%€70,722within the sector's middle half▲ 46.3%€109,708above the sector's middle half▲ 55.1%
Solvency72.9%-72.1%▼ 0.8pp57.3%within the sector's middle half▼ 14.8pp64.1%within the sector's middle half▲ 6.9pp67.8%within the sector's middle half▲ 3.7pp71.8%within the sector's middle half▲ 3.9pp80.3%above the sector's middle half▲ 8.6pp95.1%above the sector's middle half▲ 14.8pp
Current ratio2.37-2.16▼ 0.201.76within the sector's middle half▼ 0.412.03within the sector's middle half▲ 0.272.44within the sector's middle half▲ 0.412.57within the sector's middle half▲ 0.123.37within the sector's middle half▲ 0.8015.07above the sector's middle half▲ 11.70
Return on assets (ROA)3.8%--0.5%▼ 4.3pp14.0%within the sector's middle half▲ 14.5pp11.5%within the sector's middle half▼ 2.4pp27.6%above the sector's middle half▲ 16.1pp15.8%within the sector's middle half▼ 11.8pp13.0%within the sector's middle half▼ 2.8pp16.8%within the sector's middle half▲ 3.8pp
above within below The sector band is the middle half of the companies in Education (NACE 85). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €158,774
Fixed assets €41,270 ▼ 23.9%
Current assets €117,504 ▲ 16.8%
Equity and liabilities €158,774
Equity €150,978 ▲ 21.4%
Debt €7,796 ▼ 74.4%
Debt's share of the balance-sheet total falls from 19.7% to 4.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€53,524▲
2024 · €45,069
Cash flow
€41,356▲
2024 · €34,709
Debt to equity
0.05▼
2024 · 0.24
ROE
17.6%▲
2024 · 16.2%
Interest coverage
over 100▲
2024 · 95.28
Debt ≤ 1 year
€7,796▼
2024 · €29,841
Income taxes
€13,261▲
2024 · €10,325
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€54,648€373€65,943€2,821€1,777
Depreciation and write-downs of the year€8,655€11,861€3,671€14,594€14,709

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as TECHNICAL TRAINING CONSULTANCY: vocational training (NACE 85592). They are comparable in size and age: total assets between €140,000 and €172,000, founded between 2010 and 2013.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
TECHNICAL TRAINING CONSULTANCY Manage2011€158,774€150,978€54,728€26,647-2025
smart santé Gerpinnes2011€172,255€69,035€36,935-€10,896-2025
BRUSSELS COACHING Anderlecht2010€154,847€44,303€62,720€42,744-2025
OPTIMUM C Steenokkerzeel2011€139,829-€516,099€50,164-€17,1791.72025
Simple Solutions Hechtel-Eksel2012€155,492€110,348€66,547€43,024-2025
MVBusiness Braine-le-Château2012€144,188€130,544€42,865€27,800-2025
AETHER ARTS Genk2013€150,747€12,442€65,201-€19,764-2025

They were chosen from the 989 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 34,693 companies had the same profile as TECHNICAL TRAINING CONSULTANCY has now. Two years later, 0.7% had gone bankrupt and 95.3% were still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% was still going

That fits the bankruptcy probability of TECHNICAL TRAINING CONSULTANCY itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 34,693 companies, not a prediction for TECHNICAL TRAINING CONSULTANCY. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines

Source: Annual accounts 2025 at the NBB, filed on 26-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€154,765€158,774▲
Fixed assets21/28€54,202€41,270▼
Tangible fixed assets22/27€54,202€41,270▼
Plant, machinery and equipment23€1,647€1,235▼
Furniture and vehicles24€52,555€40,035▼
Current assets29/58€100,563€117,504▲
Amounts receivable within one year40/41€16,010€24,880▲
Trade receivables40€7,616€11,611▲
Other amounts receivable41€8,394€13,269▲
Current investments50/53€40,000-
Cash at bank and in hand54/58€41,757€90,766▲
Deferred charges and accrued income490/1€2,796€1,858▼
Equity and liabilities
Total equity and liabilities10/49€154,765€158,774▲
Equity10/15€124,331€150,978▲
Contributions10/11€18,600€18,600=
Reserves13€105,731€132,378▲
Distributable reserves133€105,731€132,378▲
Amounts payable17/49€30,434€7,796▼
Amounts payable within one year42/48€29,841€7,796▼
Current portion of amounts payable after more than one year42€8,549-
Trade debts44€3,214€2,344▼
Suppliers440/4€3,214€2,344▼
Taxes, remuneration and social security45€18,078€5,452▼
Taxes450/3€18,078€5,452▼
Accrued charges and deferred income492/3€593-
Income statement Code20242025
Non-recurring operating income76A€332-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,594€14,709▲
Other operating charges640/8€985€1,204▲
Gross operating margin9900€46,054€54,728▲
Operating profit (loss)9901€30,475€38,815▲
Financial income75/76B€438€1,337▲
Recurring financial income75€438€1,337▲
Financial charges65/66B€473€244▼
Recurring financial charges65€473€244▼
Profit (loss) for the period before taxes9903€30,440€39,908▲
Income taxes67/77€10,325€13,261▲
Profit (loss) for the period9904€20,115€26,647▲
Profit (loss) for the period to be appropriated9905€20,115€26,647▲
Appropriation of the result
Profit (loss) to be appropriated9906€20,115€26,647▲
Transfer to equity691/2€20,115€26,647▲
To other reserves6921€20,115€26,647▲

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€4,668-€1,879€332--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19,620€19,858€19,609€8,655€11,861€3,671€14,594€14,709▲ 0.8%
Other operating charges640/8---€3,312€792€6,187€985€1,204▲ 22.2%
Gross operating margin9900€28,892€21,437€40,380€27,705€62,232€57,547€46,054€54,728▲ 18.8%
Operating profit (loss)9901€6,707€255€20,033€15,738€49,579€47,689€30,475€38,815▲ 27.4%
Financial income75/76B---€1-€314€438€1,337▲ 205%
Recurring financial income75€2€27-€1-€314€438€1,337▲ 205%
Financial charges65/66B---€137€386€13,073€473€244▼ 48.4%
Recurring financial charges65€139€72€72€137€386€433€473€244▼ 48.4%
Non-recurring financial charges66B-----€12,640---
Profit (loss) for the period before taxes9903€6,570€210€19,961€15,602€49,193€34,930€30,440€39,908▲ 31.1%
Income taxes67/77€2,508€663€6,297€4,326€16,091€12,026€10,325€13,261▲ 28.4%
Profit (loss) for the period9904€4,062-€453€13,664€11,276€33,102€22,904€20,115€26,647▲ 32.5%
Profit (loss) for the period to be appropriated9905€4,062-€453€13,664€11,276€33,102€22,904€20,115€26,647▲ 32.5%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€106,854€89,236€97,915€97,670€119,884€145,199€154,765€158,774▲ 2.6%
Fixed assets21/28€61,629€42,854€25,794€53,831€42,343€65,975€54,202€41,270▼ 23.9%
Intangible fixed assets21€25,000€15,000€5,000------
Tangible fixed assets22/27€36,629€27,854€20,794€53,831€42,343€65,975€54,202€41,270▼ 23.9%
Plant, machinery and equipment23-----€2,058€1,647€1,235▼ 25.0%
Furniture and vehicles24---€53,831€42,343€63,917€52,555€40,035▼ 23.8%
Current assets29/58€45,224€46,382€72,121€43,839€77,541€79,224€100,563€117,504▲ 16.8%
Amounts receivable within one year40/41€35,001€37,627€62,009€29,107€19,569€13,289€16,010€24,880▲ 55.4%
Trade receivables40---€17,001€4,658€12,100€7,616€11,611▲ 52.5%
Other amounts receivable41---€12,106€14,911€1,189€8,394€13,269▲ 58.1%
Current investments50/53------€40,000--
Cash at bank and in hand54/58€8,539€7,304€8,860€12,645€56,199€64,667€41,757€90,766▲ 117%
Deferred charges and accrued income490/1---€2,087€1,773€1,268€2,796€1,858▼ 33.5%
Equity and liabilities
Total equity and liabilities10/49€106,854€89,236€97,915€97,670€119,884€145,199€154,765€158,774▲ 2.6%
Equity10/15€77,895€64,333€56,057€62,634€81,312€104,216€124,331€150,978▲ 21.4%
Contributions10/11€18,600€18,600-€18,600€18,600€18,600€18,600€18,600=
Reserves13€59,295€46,186€37,457€44,034€62,712€85,616€105,731€132,378▲ 25.2%
Distributable reserves133---€44,034€62,712€85,616€105,731€132,378▲ 25.2%
Profit (loss) carried forward14--€453-------
Amounts payable17/49€28,958€24,903€41,858€35,036€38,572€40,983€30,434€7,796▼ 74.4%
Amounts payable after more than one year17€9,047€2,661-€12,597€5,726€8,549---
Financial debts170/4---€12,597€5,726€8,549---
Amounts payable within one year42/48€19,112€21,442€41,058€21,593€31,736€30,879€29,841€7,796▼ 73.9%
Current portion of amounts payable after more than one year42---€6,871€6,871€10,258€8,549--
Trade debts44€1,242€1,284€3,340€1,456€1,490€5,795€3,214€2,344▼ 27.1%
Suppliers440/4---€1,456€1,490€5,795€3,214€2,344▼ 27.1%
Taxes, remuneration and social security45---€8,566€8,951€14,826€18,078€5,452▼ 69.8%
Taxes450/3---€8,566€8,951€14,826€18,078€5,452▼ 69.8%
Other amounts payable47/48---€4,700€14,424----
Accrued charges and deferred income492/3---€846€1,110€1,555€593--
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€4,062-€453€13,664€11,276€33,102€22,904€20,115€26,647▲ 32.5%
+ Depreciation and write-downs630€19,620€19,858€19,609€8,655€11,861€3,671€14,594€14,709▲ 0.8%
Operating cash flow (approximation)€23,683€19,405€33,273€19,931€44,963€26,575€34,709€41,356▲ 19.2%
Investment in fixed assets (approximation)--€1,083-€2,549-€36,692-€373-€27,303-€2,821-€1,777▲ 37.0%
Change in cash--€1,236€1,556€3,785€43,554€8,468-€22,910€49,009-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 14 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 26-08-2026 2026-00449352 NBB
31-12-2024 micro format 25-08-2025 2025-00406656 PDF
31-12-2023 micro format 30-08-2024 2024-00449012 PDF
31-12-2022 micro format 30-08-2023 2023-00416924 PDF
31-12-2021 micro format 29-08-2022 2022-20357872 PDF
31-12-2020 micro format 30-08-2021 2021-64000126 PDF
31-12-2019 micro format 30-09-2020 2020-58000596 PDF
31-12-2018 micro format 29-08-2019 2019-58800464 PDF
31-12-2017 micro format 28-08-2018 2018-52500600 PDF
31-12-2016 micro format 29-08-2017 2017-51600319 PDF

Show all 14 filings

Next steps