Equity
€23.6m ▲ 20.6%
TECHNICS & APPLICATIONS has made a profit in every financial year since 2007.
TECHNICS & APPLICATIONS
Lifetime
19 annual accounts with figures on one time axis, 29 filings since 1997peak €45.9m (2021)
€45.4m▲ 8.8%
peak €8.0m (2021)
€4.0m▲ 11.4%
peak €23.6m (2025)
€23.6m▲ 20.6%
€10.5m▲ 71.7%
peak 78.7 FTE (2024)
78.5 FTE▼ 0.3%
Board6 names since 2017
1 directorJLD Solutions
Owners
100%STOVER
Documentsfilings and deeds
30-07-20261 day before the deadline
2025financial year
Equity from €19.6m to €23.6mDebts from €6.1m to €10.5mInvestments €4.5mCash from €958,673 to €2.9m
Key points
from the 2025 annual accountsStaff
81 employees on 31-12-2025
In 2025, 8 people joined and 6 left. On top of that, 7.1 agency workers worked there on average.
Payment terms
81 days to suppliers
TECHNICS & APPLICATIONS pays its suppliers 48 days later than in 2024. Customers pay 2 days earlier.
Filings
29 annual accounts 30 filings since 1997
The 2023 accounts came 12 days late. The other nine of the last ten were filed on time.
At the same address
6 companies
Position in the sector
€4.0m
Higher net result than 89% of companies in rubber and plastics. Sector median €147,657 · 232 companies.
Checked score
97
Excellent
Financially stronger than 76% of medium-sized companies in rubber and plastics (NACE 22)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 77 companies (NACE 22, medium-sized).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025highest value
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Founded in 1995
Size: turnover €45.4m, 78.5 FTE, total assets €34.1m
Equity €23.6m (69.1% of total assets)
Profit of €4.0m (financial year 2025)
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 22, medium-sized). It does better than 72% of them on solvency, 63% on liquidity, 84% on profitability and 83% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 1,579 companies had the same profile as TECHNICS & APPLICATIONS has now. Each dot stands for 4 companies, two years later.
96.6%
were still trading
3.2%
stopped another way
0.1%
went bankrupt
That fits the bankruptcy probability of TECHNICS & APPLICATIONS itself: 0.1% 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 1,579 companies, not a prediction for TECHNICS & APPLICATIONS. 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 €2,250,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.75 (2.24 in 2024), above the usual 1.5. Short-term debt is 30.6% and cash 8.4% of total assets. 30.9% 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
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 day early
2024
on the day
2023
12 days late
2022
6 days early
2021
25 days early
2020
145 days early
2019
3 days early
← 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 24 days before the deadline. In the sector (NACE 22), the median for financial year 2024 was 14 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0456610573
Appointment: Vandelanotte Bedrijfsrevisoren CVBA (statutory auditor)
Permanent representative: Mathias Roef · General meeting of 07-06-2021 · Gazette deed
1 director appointed, 2 resignations
Resignations: NICOLAS D’HEYGERE and DEMAEREL Anthony Ellen Ludo · Permanent representatives: D'HEYGERE Nicolas Jacques Maria and DILS Joeri Amanda Jules · Appointment: JLD SOLUTIONS · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TECHNICS & APPLICATIONS Geel | €45.4m | 12.2% | 69.1% | 78.5 |
| SUYS Kruisem | €51.5m | 8.2% | 86.9% | 114.8 |
| ANYSEALS Merchtem | €38.2m | 22.0% | 55.7% | 53.7 |
| JACKON INSULATION Olen | €25.9m | 1.6% | 59.1% | 62.9 |
| ORAC Ostend | €59.6m | 7.0% | 21.6% | 76.6 |
| ISOMO Kortrijk | €34.7m | 1.0% | 42.5% | 36.4 |
| Unilin Insulation Feluy Seneffe | €67.5m | 1.5% | 89.1% | 60 |
Grey: the largest companies of the sector (rubber and plastics (NACE 22)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as TECHNICS & APPLICATIONS: manufacture of rubber and plastic products (NACE 22240). They are comparable in size and age: total assets between €13m and €39m, founded between 1970 and 2012.
Official details
Source: KBO- Status
- Active since 11-12-1995Normal situation
- Activity
- Manufacture of rubber and plastic productsNACE 22240and 1 other
- Joint committee
- 209White-collar workers in metal manufacturing · annual accounts 2025
- Establishment units
- 2.074.378.7512440 Geel, since 24-01-2000
- 2.359.596.3635300 Andenne, since 01-07-2022and 2 others
- Financial year end
- 31 December
- Peppol
- Reachable since 15-09-2025
Annual accounts 2025
- €34.1m▲ 32.8%
- Employeeson 31-12-2025
- 81▲ 2.5%
- Filing
- Filed on 30-07-2026, 1 day before the end of the filing period
Companies linked to TECHNICS & APPLICATIONS
Parent and group
Insights on TECHNICS & APPLICATIONS
TECHNICS & APPLICATIONS has existed since 1995. Turnover grew from €11.0m in 2011 to €45.4m in 2025 and staff from 22.3 to 78.5 full-time equivalents.
Solvency fell in 2025 from 76.1% to 69.1% because of higher debts to suppliers.
STOVER holds all 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 TECHNICS & APPLICATIONS
- What is the company number of TECHNICS & APPLICATIONS?
- The company number of TECHNICS & APPLICATIONS is 0456.610.573. The VAT number is the same number with BE in front: BE 0456.610.573.
- Where is TECHNICS & APPLICATIONS based?
- The registered office is at Klaus-Michael Kuehnelaan 9, 2440 Geel.Company details
- What does TECHNICS & APPLICATIONS do?
- According to the KBO register, the main activity is manufacture of rubber and plastic products (NACE 22240).
- What is the legal form of TECHNICS & APPLICATIONS?
- TECHNICS & APPLICATIONS is a private limited company (BV).
- When was TECHNICS & APPLICATIONS founded?
- TECHNICS & APPLICATIONS was founded on 11-12-1995.
- Is TECHNICS & APPLICATIONS still active?
- Yes, TECHNICS & APPLICATIONS is an active enterprise in the KBO register.
- How many employees does TECHNICS & APPLICATIONS have?
- TECHNICS & APPLICATIONS had an average of 78.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does TECHNICS & APPLICATIONS fall under?
- In its 2025 annual accounts, TECHNICS & APPLICATIONS states joint committee 209 (White-collar workers in metal manufacturing).
- What is the turnover of TECHNICS & APPLICATIONS?
- The turnover of TECHNICS & APPLICATIONS was €45.4m in financial year 2025, according to the filed annual accounts.
- Is TECHNICS & APPLICATIONS profitable?
- In financial year 2025, TECHNICS & APPLICATIONS made a profit of €4.0m.
- Where can I find the annual accounts of TECHNICS & APPLICATIONS?
- TECHNICS & APPLICATIONS filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TECHNICS & APPLICATIONS due?
- TECHNICS & APPLICATIONS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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