TECHNICLOCK
ActiveSummary
TECHNICLOCK has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23,607 and a net result of -€7,935. Equity is shrinking by about 13% per year across the filed financial years. Its solvency ranks better than 71% of 250 sector peers (NACE 26, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €23,607
- Loss
- -€7,935
Why 92raises riskLoss of €7,935 (financial year 2025)lowers riskSize: total assets €34,329Sector: Manufacture of computer, electronic and optical products (NACE 26)Liquidity: current ratio 2.52, cash €4,882Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 26, micro): better than 69% on solvency, 50% on liquidity, 30% on profitability and 22% on growth.
The bankruptcy probability was computed on 27-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average on the deadline day; the sector median (NACE 26) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Back to profitnet €406
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result turns negative in 2025: a loss of €7,644 after €702 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 26, Manufacture of computer, electronic and optical products: 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).
Peer companies
Historical observationOf the 5,831 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84.5% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 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% | 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% |
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 5,831 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €345 | €596 | €5,305 | €13,835 | €14,150 | €14,291 | €14,197 | €10,017 | ▼ 29.4% |
| Other operating charges640/8 | - | - | - | €1,664 | €1,171 | €1,072 | €1,107 | €1,125 | ▲ 1.7% |
| Gross operating margin9900 | €7,955 | €12,845 | €30,258 | -€15,008 | €5,323 | €11,467 | €16,005 | €3,498 | ▼ 78.1% |
| Operating profit (loss)9901 | €6,327 | €10,668 | €23,766 | -€30,506 | -€9,999 | -€3,896 | €702 | -€7,644 | - |
| Financial income75/76B | - | - | - | €1,795 | €1,635 | €1,034 | €725 | €477 | ▼ 34.2% |
| Recurring financial income75 | €2,721 | €2,086 | €2,731 | €1,795 | €1,635 | €1,034 | €725 | €477 | ▼ 34.2% |
| Financial charges65/66B | - | - | - | €908 | €1,468 | €2,662 | €1,021 | €769 | ▼ 24.7% |
| Recurring financial charges65 | €1,616 | €1,052 | €704 | €908 | €1,468 | €2,662 | €1,021 | €769 | ▼ 24.7% |
| Profit (loss) for the period before taxes9903 | €7,433 | €11,702 | €25,793 | -€29,620 | -€9,832 | -€5,524 | €406 | -€7,935 | - |
| Income taxes67/77 | €1 | €280 | €5,829 | €281 | -€281 | - | - | €0 | - |
| Profit (loss) for the period9904 | €7,432 | €11,423 | €19,964 | -€29,901 | -€9,551 | -€5,524 | €406 | -€7,935 | - |
| Profit (loss) for the period to be appropriated9905 | €7,432 | €11,423 | €19,964 | -€29,901 | -€9,551 | -€5,524 | €406 | -€7,935 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €62,829 | €59,005 | €131,320 | €100,063 | €74,988 | €59,742 | €39,140 | €34,329 | ▼ 12.3% |
| Fixed assets21/28 | €4,151 | €5,124 | €65,744 | €54,412 | €40,262 | €26,835 | €15,330 | €7,273 | ▼ 52.6% |
| Tangible fixed assets22/27 | €406 | €1,379 | €61,999 | €50,667 | €36,517 | €23,090 | €11,585 | €3,528 | ▼ 69.6% |
| Plant, machinery and equipment23 | - | - | - | €11,971 | €8,675 | €5,379 | €3,295 | €2,632 | ▼ 20.1% |
| Furniture and vehicles24 | - | - | - | €38,696 | €27,842 | €17,711 | €8,290 | €896 | ▼ 89.2% |
| Financial fixed assets28 | €3,745 | €3,745 | €3,745 | €3,745 | €3,745 | €3,745 | €3,745 | €3,745 | = |
| Current assets29/58 | €58,678 | €53,881 | €65,576 | €45,651 | €34,726 | €32,906 | €23,809 | €27,057 | ▲ 13.6% |
| Stocks and contracts in progress3 | €13,869 | €15,559 | €6,783 | €19,630 | €15,217 | €14,916 | €7,291 | €8,099 | ▲ 11.1% |
| Stocks30/36 | - | - | - | €14,305 | €12,867 | €12,016 | €7,291 | €8,099 | ▲ 11.1% |
| Contracts in progress37 | - | - | - | €5,325 | €2,350 | €2,900 | - | - | - |
| Amounts receivable within one year40/41 | €35,077 | €29,242 | €28,060 | €23,850 | €19,018 | €15,338 | €15,349 | €12,889 | ▼ 16.0% |
| Trade receivables40 | - | - | - | €300 | €4,233 | €2,715 | €1,961 | €1,000 | ▼ 49.0% |
| Other amounts receivable41 | - | - | - | €23,550 | €14,785 | €12,624 | €13,388 | €11,889 | ▼ 11.2% |
| Cash at bank and in hand54/58 | - | €5,236 | €28,863 | - | - | - | €602 | €4,882 | ▲ 710% |
| Deferred charges and accrued income490/1 | - | - | - | €2,170 | €491 | €2,652 | €567 | €1,188 | ▲ 109% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €62,829 | €59,005 | €131,320 | €100,063 | €74,988 | €59,742 | €39,140 | €34,329 | ▼ 12.3% |
| Equity10/15 | €44,727 | €56,149 | €76,113 | €46,212 | €36,661 | €31,136 | €31,543 | €23,607 | ▼ 25.2% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €41,659 | €37,549 | €57,513 | €57,513 | €57,513 | €57,513 | €57,513 | €57,513 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €55,653 | €55,653 | €55,653 | €55,653 | €55,653 | = |
| Profit (loss) carried forward14 | -€15,532 | - | - | -€29,901 | -€39,452 | -€44,977 | -€44,570 | -€52,506 | ▼ 17.8% |
| Amounts payable17/49 | €18,102 | €2,856 | €55,207 | €53,851 | €38,327 | €28,605 | €7,597 | €10,722 | ▲ 41.1% |
| Amounts payable after more than one year17 | - | - | €31,254 | €19,654 | €7,910 | - | - | - | - |
| Financial debts170/4 | - | - | - | €19,654 | €7,910 | - | - | - | - |
| Amounts payable within one year42/48 | €17,018 | €2,062 | €23,952 | €34,196 | €29,624 | €28,605 | €7,597 | €10,722 | ▲ 41.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €11,600 | €11,744 | €7,947 | - | - | - |
| Financial debts43 | - | - | - | €10,667 | €9,487 | €10,111 | - | - | - |
| Credit institutions430/8 | - | - | - | €10,667 | €9,487 | €10,111 | - | - | - |
| Trade debts44 | €14,689 | €1,571 | €8,144 | €6,090 | €5,998 | €10,547 | €7,597 | €10,718 | ▲ 41.1% |
| Suppliers440/4 | - | - | - | €6,090 | €5,998 | €10,547 | €7,597 | €10,718 | ▲ 41.1% |
| Advances received on contracts in progress46 | - | - | - | €2,391 | €2,391 | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €3,448 | €4 | - | - | €4 | - |
| Taxes450/3 | - | - | - | €3,448 | €4 | - | - | €4 | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €793 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,432 | €11,423 | €19,964 | -€29,901 | -€9,551 | -€5,524 | €406 | -€7,935 | - |
| + Depreciation and write-downs630 | €345 | €596 | €5,305 | €13,835 | €14,150 | €14,291 | €14,197 | €10,017 | ▼ 29.4% |
| Operating cash flow (approximation) | €7,777 | €12,019 | €25,269 | -€16,066 | €4,599 | €8,766 | €14,603 | €2,081 | ▼ 85.7% |
| Investment in fixed assets (approximation) | - | -€1,568 | -€65,926 | -€2,503 | €0 | -€864 | -€2,692 | -€1,959 | ▲ 27.2% |
| Change in cash | - | - | €23,627 | - | - | - | - | €4,279 | - |
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 38 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 30-07-2026 | 2026-00387534 |
| 31-12-2024 | micro format | 18-08-2025 | 2025-00389860 |
| 31-12-2023 | micro format | 23-07-2024 | 2024-00278523 |
| 31-12-2022 | micro format | 28-07-2023 | 2023-00299781 |
| 31-12-2021 | micro format | 29-07-2022 | 2022-20247516 |
| 31-12-2020 | micro format | 31-07-2021 | 2021-44700087 |
| 31-12-2019 | micro format | 29-07-2020 | 2020-36300209 |
| 31-12-2018 | micro format | 30-07-2019 | 2019-41100525 |
| 31-12-2017 | micro format | 02-08-2018 | 2018-42900562 |
| 31-12-2016 | micro format | 31-07-2017 | 2017-40000114 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| TROUBLEYN,Patrick Leo |
|
Owners and capital
Capital and shareholders
- 22-01-2024 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
22-01
Gazette deed
Resignation: TROUBLEYN,Patrick Leo (manager)Appointment: TROUBLEYN,Patrick Leo (director) · Amendment of the articles · Capital conversion6 facts ▸
- General meeting, 13-12-2023
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Director resignation, TROUBLEYN,Patrick Leo (manager)
- Director appointment, TROUBLEYN,Patrick Leo (director (not named in the articles))
- Registered office clause, “2140 Antwerpen(Borgerhout),Eliaertsstraat 9-11” (deed in Dutch)
Show earlier events
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 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
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11006A0553/00R000 | Flanders | 86 m² | 1 · 86 m² | 14.6 m · 4 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het studiewerk,de algemene aanneming,bouw,vernieuwbouw,onderhoud en restauratie allerhande en dit tot volledige afwerking van…” (deed in Dutch)
13 activities (deed in Dutch)
- Het studiewerk,de algemene aanneming,bouw,vernieuwbouw,onderhoud en restauratie allerhande en dit tot volledige afwerking van wegen,woonhuizen,gebouwen,industriële en sportcomplexen en dit zowel in de openbare als in de privé-sektoren,ongeacht de materialen die hiervoor worden gebruikt en alle werken die hiermee kunnen verband houden.
- De groot- en kleinhandel van materieel en materialen in verband met deze activiteiten en werken.
- Het leveren van kwaliteitscontrole systemen aan het bedrijfsleven.
- Het adviseren,ontwikkelen,organiseren en realiseren van promotionele en publicitaire activiteiten,met inbegrip van het voeren van commerciële transacties dienaangaande.
- Het adviseren op het vlak van marketing en publiciteit.
- Personeelsselectie en vorming.
- Het management,adviseren,consulteren,begeleiden,leiden,optreden als bestuurder van en in alle vennootschappen en ondernemingen.
- Het verlenen van diensten aan bedrijven en personen,waarin onder meer begrepen het verstrekken van adviezen,het optreden als tussenpersoon,agent,commissionair enzovoort.
- Het nemen van participaties onder eender welke vorm in alle bestaande of nog op te richten vennootschappen en ondernemingen.
- Het beheren van vennootschappen,ondernemingen en patrimonia,welke ook hun voorwerp wezen,met inbegrip van de uitoefening van de functies van bestuurder,gedelegeerd bestuurder en vereffenaar van vennootschappen.
- In verband met onroerende goederen:verwerven,kopen,verkopen,ruilen,huren,verhuren,bouwen,onderhouden,beheren,in hypotheek geven en ontvangen.
- In verband met roerende goederen,lichamelijke en onlichamelijke:verwerven,kopen,verkopen,ruilen,huren,verhuren,onderhouden,beheren,in pand geven en ontvangen.
- Het optreden als franchisenemer en franchisegever.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- TECHNICLOCK
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Artikel 2, bij enkel besluit van het bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Indien de vennootschap door meer dan één bestuurder wordt bestuurd, mag iedere bestuurder, alleen optredend, alle handelingen stellen die…”“aan derden worden tegengeworpen, ook al is ze openbaar gemaakt. Hetzelfde geldt voor een onderlinge taakverdeling onder de bestuurders. De…”
Full text
aan derden worden tegengeworpen, ook al is ze openbaar gemaakt. Hetzelfde geldt voor een onderlinge taakverdeling onder de bestuurders. De vennootschap is verbonden door de handelingen van het bestuursorgaan, van de personen aan wie het dagelijks bestuur is opgedragen en van de bestuurders die overeenkomstig artikel 5:73 §2 de bevoegdheid hebben om haar te vertegenwoordigen, zelfs indien die handelingen buiten haar voorwerp liggen, tenzij de vennootschap bewijst dat de derde daarvan op de hoogte was of er, gezien de omstandigheden, niet onkundig van kon zijn; bekendmaking van de statuten alleen is echter geen voldoende bewijs.
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, één of meer bestuurders,natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)“Bevoegdheden van het bestuursorgaan, met mogelijkheid een deel van deze bevoegdheden te delegeren” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June at 15:00