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TECHNICO

Active
Private limited company (pre-2019)founded 199135 yrs activeRoeselaarsestraat(Heu) 4, 8501 Kortrijk, BelgiumKBO/BCE: BE 0444.562.183

TECHNICO has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €400k and a net result of €36k. Equity is growing by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 27559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
88 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 12.1 against 9.37 in 2024; short-term debt: 7.8% and cash: 51.1% of total assets), and 7.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 35 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
92.2%
Return on assets
8.2%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 23-10-2025, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
8 d early
2024
28 d early
2023
28 d early
2022
6 d early
2021
10 d early
2020
2 d early
2019
3 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close19-09-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€400k▲ 9.7%
2024 · €365k
2019: €190k 2020: €220k 2021: €252k 2022: €283k 2023: €323k 2024: €365k
2019 → 2025
Total assets
€434k▲ 6.4%
2024 · €408k
2019: €223k 2020: €253k 2021: €282k 2022: €313k 2023: €353k 2024: €408k
2019 → 2025
Net result
€36k▼ 15.4%
2024 · €42k
2019: €3k 2020: €30k 2021: €32k 2022: €31k 2023: €39k 2024: €42k
2019 → 2025
Working capital
€376k▲ 4.2%
2024 · €361k
2019: €175k 2020: €189k 2021: €230k 2022: €270k 2023: €314k 2024: €361k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€252k-€283k▲ 12.4%€323k▲ 13.8%€365k▲ 13.0%€400k▲ 9.7%
Operating result€46k-€45k▼ 1.6%€57k▲ 26.6%€58k▲ 1.9%€46k▼ 21.9%
Net result€32k-€31k▼ 1.7%€39k▲ 25.6%€42k▲ 7.1%€36k▼ 15.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2021: €46k€46kNet result 2021: €32k€32kOperating result 2022: €45k€45kNet result 2022: €31k€31kOperating result 2023: €57k€57kNet result 2023: €39k€39kOperating result 2024: €58k€58kNet result 2024: €42k€42kOperating result 2025: €46k€46kNet result 2025: €36k€36k20212022202320242025
The operating result falls in 2025; 2025 is 22% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €434k
Fixed assets €24k▲ 530%
Current assets €409k▲ 1.4%
Equity and liabilities €434k
Equity €400k▲ 9.7%
Debt €34k▼ 21.5%
The debt ratio falls from 10.6% to 7.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€50k
2024 · €63k
Cash flow
€39k
2024 · €46k
Solvency
92.2%
2024 · 89.4%
Current ratio
12.10
2024 · 9.37
Quick ratio
11.98
2024 · 9.28
Debt / equity
0.08
2024 · 0.12
ROE
8.9%
2024 · 11.5%
ROA
8.2%
2024 · 10.3%
Interest coverage
438.94
2024 · 312.28
Debt
€34k
2024 · €43k
Debt ≤ 1 year
€34k
2024 · €43k
Income taxes
€16k
2024 · €22k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€408k€434k
Fixed assets21/28€4k€24k
Tangible fixed assets22/27€4k€24k
Furniture and vehicles24€4k€24k
Current assets29/58€404k€409k
Stocks and contracts in progress3€4k€4k=
Stocks30/36€4k€4k=
Amounts receivable within one year40/41€36k€29k
Trade receivables40€29k€13k
Other amounts receivable41€7k€16k
Current investments50/53€125k€150k
Cash at bank and in hand54/58€235k€222k
Deferred charges and accrued income490/1€4k€5k
Equity and liabilities
Total equity and liabilities10/49€408k€434k
Equity10/15€365k€400k
Contributions10/11€19k€19k=
Reserves13€240k€275k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€239k€274k
Profit (loss) carried forward14€106k€106k
Amounts payable17/49€43k€34k
Amounts payable within one year42/48€43k€34k
Trade debts44€17k€13k
Suppliers440/4€17k€13k
Taxes, remuneration and social security45€5k€0
Taxes450/3€5k€0
Other amounts payable47/48€21k€20k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k€-3k
Other operating charges640/8€799€825
Non-recurring operating charges66A€243-
Gross operating margin9900€68k€48k
Operating profit (loss)9901€58k€46k
Financial income75/76B€6k€6k
Recurring financial income75€6k€6k
Financial charges65/66B€201€113
Recurring financial charges65€201€113
Profit (loss) for the period before taxes9903€64k€51k
Income taxes67/77€22k€16k
Profit (loss) for the period9904€42k€36k
Profit (loss) for the period to be appropriated9905€42k€36k
Appropriation of the result
Profit (loss) to be appropriated9906€147k€141k
Profit (loss) brought forward from the previous period14P€105k€106k
Transfer to equity691/2€41k€35k
To other reserves6921€41k€35k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
23-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
03-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial Highest result since 2019net €42k ▲7.1%
Operating result €58k, net result €42k, both a record.
2023
03-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
25-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
21-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
29-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial Equity above €200kEq €220k ▲16%
2 profitable years in a row build equity to €220k.
2019
28-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
12-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
20-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
07-10
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 1991
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Roeselaarsestraat(Heu) 48501 Kortrijk
Ground area
378 m²
Building footprint
274 m²
Volume, LiDAR
1,580 m³
Parcel 34016A0760/00L000, Flanders · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TECHNICO BVBA
Roeselaarsestraat(Heu) 4, 8501 KortrijkManufacture of machinery and equipment not elsewhere classified
since 19912.054.503.847
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34016A0760/00L000 Flanders 378 m² 1 · 274 m² 6.5 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 22,822 companies in sector 43211 we hold annual accounts for 10,327. 6,988 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded28-06-1991
Fiscal year end31-03
Activities, NACEBEL
43211General electrical installation work
45310
27510Manufacture of electrical equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.