TECHNICONSTRUCTION
ActiveSummary
TECHNICONSTRUCTION has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €97k and a net result of €12k. Equity is shrinking by ~10% per year across the filed fiscal years. Its solvency ranks better than 55% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▼-9
Solvency73▼-5
Growth58=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.66 against 2.01 in 2024; short-term debt: 48.9% and cash: 13% of total assets), but 51.9% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
48.1%
Return on assets
6.1%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €97k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
20 d late
2024
9 d early
2023
6 d early
2022
28 d early
2021
16 d late
2020
4 d early
2019
9 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€12k▼ 39.5%
2024 · €20k
Working capital
€65k▼ 6.6%
2024 · €70k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-10k€38k€-41k€23k€15k▼ 33.2%
Net result€-14k▲ 75.6%€33k€-44k€20k€12k▼ 39.5%
Equity€75k▼ 15.6%€108k▲ 43.5%€64k▼ 40.7%€85k▲ 31.7%€97k▲ 14.6%
Total assets€168k▼ 14.6%€221k▲ 31.6%€150k▼ 32.2%€158k▲ 5.5%€202k▲ 27.3%
Debt€93k▼ 13.8%€113k▲ 21.9%€86k▼ 24.0%€74k▼ 14.0%€105k▲ 41.9%
Working capital€54k▼ 31.3%€88k▲ 62.7%€50k▼ 43.8%€70k▲ 40.6%€65k▼ 6.6%
Staff (FTE)
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 33% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €202k
Fixed assets
€38k ▲ 93.2%
Current assets
€164k ▲ 18.0%
Equity and liabilities €202k
Equity
€97k ▲ 14.6%
Debt
€105k ▲ 41.9%
Debt's share of the balance-sheet total rises from 46.6% to 51.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€27k▼
2024 · €31k
Cash flow
€24k▼
2024 · €29k
Current ratio
1.66▼
2024 · 2.01
Debt to equity
1.08▲
2024 · 0.87
ROE
12.7%▼
2024 · 24.1%
ROA
6.1%▼
2024 · 12.9%
Interest coverage
8.13▼
2024 · 13.46
Debt ≤ 1 year
€99k▲
2024 · €69k
Debt > 1 year
€6k▲
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €4k | €5k | €8k | €12k | ▲ 42.2% |
| Other operating charges640/8 | €4k | €2k | €4k | €2k | €2k | ▲ 6.9% |
| Gross operating margin9900 | €-2k | €44k | €-32k | €33k | €29k | ▼ 12.0% |
| Operating profit (loss)9901 | €-10k | €38k | €-41k | €23k | €15k | ▼ 33.2% |
| Financial income75/76B | €24 | €57 | €270 | €67 | €507 | ▲ 653% |
| Recurring financial income75 | €24 | €57 | €270 | €67 | €507 | ▲ 653% |
| Financial charges65/66B | €4k | €4k | €3k | €2k | €3k | ▲ 43.9% |
| Recurring financial charges65 | €4k | €4k | €3k | €2k | €3k | ▲ 43.9% |
| Profit (loss) for the period before taxes9903 | €-14k | €34k | €-44k | €20k | €12k | ▼ 39.5% |
| Income taxes67/77 | - | €759 | - | - | - | - |
| Profit (loss) for the period9904 | €-14k | €33k | €-44k | €20k | €12k | ▼ 39.5% |
| Profit (loss) for the period to be appropriated9905 | €-14k | €33k | €-44k | €20k | €12k | ▼ 39.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €168k | €221k | €150k | €158k | €202k | ▲ 27.3% |
| Fixed assets21/28 | €21k | €20k | €15k | €20k | €38k | ▲ 93.2% |
| Tangible fixed assets22/27 | €21k | €19k | €14k | €19k | €37k | ▲ 96.6% |
| Plant, machinery and equipment23 | €9k | €9k | €7k | €8k | €7k | ▼ 17.5% |
| Furniture and vehicles24 | €12k | €11k | €7k | €11k | €30k | ▲ 187% |
| Financial fixed assets28 | €691 | €691 | €691 | €691 | €691 | = |
| Current assets29/58 | €147k | €201k | €135k | €139k | €164k | ▲ 18.0% |
| Stocks and contracts in progress3 | €20k | €15k | €9k | €4k | - | - |
| Stocks30/36 | €20k | €15k | €9k | €4k | - | - |
| Amounts receivable within one year40/41 | €127k | €155k | €116k | €121k | €137k | ▲ 13.5% |
| Trade receivables40 | €125k | €155k | €116k | €120k | €137k | ▲ 14.9% |
| Other amounts receivable41 | €2k | - | - | €1k | - | - |
| Cash at bank and in hand54/58 | €99 | €31k | €10k | €14k | €26k | ▲ 93.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €168k | €221k | €150k | €158k | €202k | ▲ 27.3% |
| Equity10/15 | €75k | €108k | €64k | €85k | €97k | ▲ 14.6% |
| Contributions10/11 | €123k | €123k | €123k | €123k | €123k | = |
| Reserves13 | €13k | €13k | €13k | €13k | €13k | = |
| Non-distributable reserves130/1 | €13k | €13k | €13k | €13k | €13k | = |
| Reserves not available under the articles1311 | €13k | €13k | €13k | €13k | €13k | = |
| Profit (loss) carried forward14 | €-61k | €-28k | €-72k | €-52k | €-40k | ▲ 23.7% |
| Amounts payable17/49 | €93k | €113k | €86k | €74k | €105k | ▲ 41.9% |
| Amounts payable after more than one year17 | - | - | - | €5k | €6k | ▲ 29.8% |
| Financial debts170/4 | - | - | - | €5k | €6k | ▲ 29.8% |
| Amounts payable within one year42/48 | €93k | €113k | €86k | €69k | €99k | ▲ 42.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €2k | €9k | ▲ 278% |
| Financial debts43 | €58k | €40k | €40k | €40k | €40k | ▼ 0.1% |
| Credit institutions430/8 | €58k | €40k | €40k | €40k | €40k | ▼ 0.1% |
| Trade debts44 | €5k | €21k | €6k | €3k | €23k | ▲ 666% |
| Suppliers440/4 | €5k | €21k | €6k | €3k | €23k | ▲ 666% |
| Taxes, remuneration and social security45 | - | €3k | €4k | €1k | €959 | ▼ 21.6% |
| Taxes450/3 | - | €3k | €815 | €24 | €959 | ▲ 3,962% |
| Remuneration and social security454/9 | - | - | €4k | €1k | - | - |
| Other amounts payable47/48 | €30k | €48k | €36k | €23k | €26k | ▲ 16.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-14k | €33k | €-44k | €20k | €12k | ▼ 39.5% |
| + Depreciation and write-downs630 | €3k | €4k | €5k | €8k | €12k | ▲ 42.2% |
| Operating cash flow (approximation) | €-10k | €37k | €-39k | €29k | €24k | ▼ 16.0% |
| Investment in fixed assets (approximation) | - | €-3k | €0 | €-13k | €-30k | ▼ 128% |
| Change in cash | - | €31k | €-21k | €3k | €13k | ▲ 284% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 20 days late
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €33k
Net result €33k after 4 loss-making years.
31-12
Financial
Equity above €100kEq €108k ▲43.5%
Equity rises from €75k to €108k.
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 16 days late
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-57k
Net result drops to €-57k, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
11-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Braine-le-Comte · 1 establishment unit since 2004
Ground area
1,211 m²
Building footprint
188 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
TECHNICONSTRUCTION SPRL
since 20042.143.269.537
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55016B0299/00P000 | Wallonia | 938 m² | 1 · 61 m² | - |
| 55004A0368/00K007 | Wallonia | 273 m² | 1 · 128 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,414. 6,238 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded06-09-2004
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
43350Other building finishing work
Scores and ratios are computed by Checked and are not a credit decision.