Equity
€121,063 ▲ 527%
Equity rose in 2026 from €19,294 to €121,063.
TECHNICIANS BUILDING
Lifetime
8 annual accounts with figures on one time axispeak €1.4m (2023)
€1.0m▼ 3.7%
lowest -€105,309 (2020)
-€2,418▲ €23,848
peak €121,063 (2026)
€121,063▲ 527%
€198,305▼ 44.0%
peak 24.3 FTE (2024)
17.4 FTE▼ 7.9%
Board4 names since 2019
2 directorsAchieve More and 1 other
Owners
consolidatesAchieve More
Documentsfilings and deeds
20-10-202611 days before the deadline
2026abbreviated format
Loss of €2,418Capital contribution of €104,186.82 16-04Equity from €19,294 to €121,063Debts from €354,420 to €198,305Cash from €20,362 to €38,905
Key points
from the 2026 annual accountsLosses
-€98,179 in three years
Every financial year from 2024 to 2026 closed with a loss. 2024 was the heaviest.
Turnover
≈ €2.9m estimated
The abbreviated format states no turnover.
Staff
17.4 FTE from 24.3 in 2024
Between 2024 and 2026, 28% of the full-time equivalents disappeared.
Filings
8 annual accounts since 2019
The last five annual accounts were filed 8 to 126 days before the end of the period.
Position in the sector
-€2,418
Lower net result than 86% of companies in specialised construction. Sector median €31,110 · 413 companies.
Checked score
68
Healthy
Financially stronger than 48% of small companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 2,647 companies (NACE 43, small).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.0%
01-2025: 3.0%● unchanged vs 12-2024
02-2025: 3.0%● unchanged vs 01-2025
03-2025: 3.0%● unchanged vs 02-2025
04-2025: 3.0%● unchanged vs 03-2025
05-2025: 3.0%● unchanged vs 04-2025
06-2025: 3.0%● unchanged vs 05-2025
07-2025: 3.1%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 3.1%● unchanged vs 07-2025
09-2025: 3.0%▼ -0.1 percentage points vs 08-2025
10-2025: 3.0%● unchanged vs 09-2025
11-2025: 3.0%● unchanged vs 10-2025
12-2025: 3.0%● unchanged vs 11-2025
01-2026: 3.0%● unchanged vs 12-2025
02-2026: 3.0%● unchanged vs 01-2026
03-2026: 3.0%● unchanged vs 02-2026
04-2026: 2.9%▼ -0.1 percentage points vs 03-2026
05-2026: 2.8%▼ -0.1 percentage points vs 04-2026
06-2026: 2.8%● unchanged vs 05-2026
07-2026: 2.9%▲ +0.1 percentage points vs 06-2026
08-2026: 2.9%● unchanged vs 07-2026
09-2026: 2.8%▼ -0.1 percentage points vs 08-2026
10-2026: 0.9%▼ -1.9 percentage points vs 09-2026lowest value
11-2026: 0.9%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Size: 17.4 FTE, total assets €319,368
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 1.63, cash €38,905
Equity €121,063 (37.9% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small). It does better than 50% of them on solvency, 29% on liquidity, 14% on profitability and 99% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 929 companies had the same profile as TECHNICIANS BUILDING has now. Each dot stands for 3 companies, two years later.
92.8%
were still trading
5.5%
stopped another way
1.7%
went bankrupt
That fits the bankruptcy probability of TECHNICIANS BUILDING itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 929 companies, not a prediction for TECHNICIANS BUILDING. 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.
Credit verdict
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.63 (1.59 in 2025), above the usual 1.5. Short-term debt is 61.2% and cash 12.2% of total assets. However, 62.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2024 and did not fall compared with 2025. These amounts do not establish the cause of the change.
NBB · annual accounts 2026Equity per financial year
1920212223242526
2019 to 2026 · latest year €121,063
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 20-10-2026, 11 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2026
11 days early
2025
37 days early
2024
8 days early
2023
103 days early
2022
126 days early
2021
3 days early
2020
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 41 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 24 September (4 of the last 5 accounts filed within 66 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-03-2027 year end31-10-2027 deadline
Board and ownership
- Achieve More 99.46%equity €2.3m (2026) · 31-03-2026 annual accounts of Achieve More
- Achieve More BV consolidatesannual accounts 31-03-2026
Recent changes
Capital contribution of €104,186.82
Contribution: Achieve More · General meeting of 26-03-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0704821893
Amendment of the articles · Legal-form change · Resignations & appointments
General meeting of 28-06-2023 · Gazette deed
Registered office moved from Ghent to Oostkamp
New registered office: Gruuthuselaan 49, 8020 Oostkamp · Previous registered office: Ottergemsesteenweg-Zuid 808 bus 510, 9000 Gent · Permanent representative: Pieter-Jan Laloo · Board meeting of 26-06-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TECHNICIANS BUILDING Oostkamp | €319,368 | €1.0m | 37.9% | 17.4 |
| A.V. TECHNOLOGY Saint-Nicolas | €485,392 | €0.9m | -121.2% | 13.5 |
| Stielmann Harelbeke | €334,931 | €0.8m | 29.0% | 11.5 |
| Connect-IT Brasschaat | €605,166 | €0.9m | 10.3% | 16 |
| ABTec Boom | €625,555 | €1.9m | 58.2% | 21.6 |
| MRW Belgium Peer | €590,115 | €0.6m | -2.4% | 10.5 |
| Tavati Security Power Deinze | €789,571 | €0.7m | 0.2% | 13.2 |
These companies have the same main activity as TECHNICIANS BUILDING: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €335,000 and €790,000, founded between 2018 and 2019.
Official details
Source: KBO- Status
- Active since 17-09-2018Normal situation
- Registered office
- 13 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
- Activity
- General electrical installation workNACE 43211and 3 others
- Joint committee
- 124Construction · annual accounts 31-03-2026
- Establishment units
- 2.282.339.7249090 Merelbeke-Melle, since 17-09-2018
- 2.322.012.0312800 Mechelen, since 20-07-2020and 1 other
- Financial year end
- 31 March
- Peppol
- Reachable since 21-11-2025
Annual accounts to 31-03-2026
- €319,368▼ 14.5%
- Employeeson 31-03-2026
- 18▲ 20.0%
- Filing
- Filed on 20-10-2026, 11 days before the end of the filing period
Insights on TECHNICIANS BUILDING
TECHNICIANS BUILDING files the abbreviated format. That format states no turnover. The gross margin rose from €806,137 in 2019 to €1.0m in 2026.
Achieve More holds 99.46% of the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TECHNICIANS BUILDING
- What is the company number of TECHNICIANS BUILDING?
- The company number of TECHNICIANS BUILDING is 0704.821.893. The VAT number is the same number with BE in front: BE 0704.821.893.
- Where is TECHNICIANS BUILDING based?
- The registered office is at Gruuthuselaan 49, 8020 Oostkamp.Company details
- What does TECHNICIANS BUILDING do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of TECHNICIANS BUILDING?
- TECHNICIANS BUILDING is a private limited company (BV).
- When was TECHNICIANS BUILDING founded?
- TECHNICIANS BUILDING was founded on 17-09-2018.
- Is TECHNICIANS BUILDING still active?
- Yes, TECHNICIANS BUILDING is an active enterprise in the KBO register.
- How many employees does TECHNICIANS BUILDING have?
- TECHNICIANS BUILDING had an average of 17.4 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- Which joint committee does TECHNICIANS BUILDING fall under?
- In its 31-03-2026 annual accounts, TECHNICIANS BUILDING states joint committee 124 (Construction).
- What is the turnover of TECHNICIANS BUILDING?
- The turnover in financial year 2026 is ≈ €2.9m. This figure is estimated from the gross margin of €1.0m and 30 comparable companies (NACE 432). It probably lies between €2.4m and €3.6m.
- Is TECHNICIANS BUILDING profitable?
- In financial year 2026, TECHNICIANS BUILDING made a loss of €2,418.
- Where can I find the annual accounts of TECHNICIANS BUILDING?
- TECHNICIANS BUILDING filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of TECHNICIANS BUILDING due?
- TECHNICIANS BUILDING must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check
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