TECHNIFROID
ActiveTECHNIFROID has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €163k and a net result of €6k. Equity is growing by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 76% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability22▼-43
Solvency95▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days only on tighter terms
Liquidity ample (current ratio 4.66 against 5.56 in 2023; short-term debt: 20.7% of total assets), and 29.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
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 dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-12-2025, 124 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
124 d late
2023
163 d late
2022
67 d late
2021
70 d late
2020
90 d late
2019
192 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€163k▲ 3.7%
2023 · €157k
2018: €62k
2019: €80k
2020: €110k
2021: €169k
2022: €163k
2023: €157k
2018 → 2024
Total assets
€233k▲ 5.6%
2023 · €220k
2018: €183k
2019: €165k
2020: €184k
2021: €228k
2022: €214k
2023: €220k
2018 → 2024
Net result
€6k
2023 · €-6k
2018: €-12k
2019: €18k
2020: €30k
2021: €59k
2022: €-6k
2023: €-6k
2018 → 2024
Working capital
€176k▲ 3.0%
2023 · €171k
2018: €80k
2019: €98k
2020: €128k
2021: €185k
2022: €177k
2023: €171k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€110k-€169k▲ 53.5%€163k▼ 3.7%€157k▼ 3.5%€163k▲ 3.7%
Operating result€20k-€54k▲ 171%€-358€3k€-7k
Net result€30k-€59k▲ 95.9%€-6k€-6k▲ 8.1%€6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €7k after €3k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €233k
Fixed assets
€8k▼ 30.4%
Current assets
€225k▲ 7.5%
Equity and liabilities €233k
Equity
€163k▲ 3.7%
Provisions
€21k▼ 5.0%
Debt
€49k▲ 18.2%
The debt ratio rises from 18.7% to 20.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€-3k▼
2023 · €7k
Cash flow
€9k▲
2023 · €-2k
Solvency
70.1%▼
2023 · 71.4%
Current ratio
4.66▼
2023 · 5.56
Quick ratio
4.57▼
2023 · 5.44
Debt / equity
0.30▲
2023 · 0.26
ROE
3.6%▲
2023 · -3.7%
ROA
2.5%▲
2023 · -2.6%
Interest coverage
-2.01▼
2023 · 8.31
Debt
€49k▲
2023 · €41k
Debt ≤ 1 year
€48k▲
2023 · €38k
Debt > 1 year
€518▼
2023 · €4k
Income taxes
€-3k▼
2023 · €17k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€220k€233k▲
Fixed assets21/28€11k€8k▼
Tangible fixed assets22/27€8k€4k▼
Furniture and vehicles24€8k€4k▼
Financial fixed assets28€4k€4k=
Current assets29/58€209k€225k▲
Stocks and contracts in progress3€4k€4k=
Stocks30/36€4k€4k=
Amounts receivable within one year40/41€196k€220k▲
Trade receivables40€26k€29k▲
Other amounts receivable41€169k€191k▲
Deferred charges and accrued income490/1€9k-
Equity and liabilities
Total equity and liabilities10/49€220k€233k▲
Equity10/15€157k€163k▲
Contributions10/11€6k€6k=
Reserves13€50k€50k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€42k€42k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€101k€107k▲
Provisions and deferred taxes16€22k€21k▼
Deferred taxes168€22k€21k▼
Amounts payable17/49€41k€49k▲
Amounts payable after more than one year17€4k€518▼
Financial debts170/4€4k€518▼
Amounts payable within one year42/48€38k€48k▲
Current portion of amounts payable after more than one year42€3k€3k▲
Financial debts43€1k€19k▲
Credit institutions430/8€1k€19k▲
Trade debts44€31k€22k▼
Suppliers440/4€31k€22k▼
Advances received on contracts in progress46€2k€2k=
Taxes, remuneration and social security45€188€2k▲
Taxes450/3€188€2k▲
Income statement
Code20232024
Non-recurring operating income76A€293€363▲
Remuneration, social security and pensions62€45-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Other operating charges640/8€2k€1k▼
Gross operating margin9900€8k€-2k▼
Operating profit (loss)9901€3k€-7k▼
Financial income75/76B€9k€11k▲
Recurring financial income75€9k€11k▲
Financial charges65/66B€790€2k▲
Recurring financial charges65€790€2k▲
Profit (loss) for the period before taxes9903€11k€3k▼
Income taxes67/77€17k€-3k▼
Profit (loss) for the period9904€-6k€6k▲
Profit (loss) for the period to be appropriated9905€-6k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€101k€107k▲
Profit (loss) brought forward from the previous period14P€107k€101k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 124 days late
10-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 163 days late
2024
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
2023
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 67 days late
2022
09-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 70 days late
2021
31-12
Financial
Highest result since 2018net €59k ▲95.9%
Operating result €54k, net result €59k, both a record.
31-12
Financial
Equity above €150kEq €169k ▲53.5%
3 profitable years in a row build equity to €169k.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
08-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 192 days late
2020
31-12
Financial
Equity above €100kEq €110k ▲37.6%
2 profitable years in a row build equity to €110k.
2019
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
10-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 41 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 57 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Jemeppe-sur-Sambre · 1 establishment unit since 2005
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.
Route de Saussin,Spy 515190 Jemeppe-sur-SambreGround area
2,819 m²
Building footprint
608 m²
Volume, LiDAR
3,625 m³
Parcel 92119B0061/00Y000, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TECHNIFROID
since 20052.147.328.887
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92119B0061/00Y000 | Wallonia | 2,819 m² | 1 · 608 m² | 7.4 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.
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NU-ISOLEREN.BE
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Of 4,270 companies in sector 43230 we hold annual accounts for 1,240. 1,012 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-05-2005
Fiscal year end31-12
Activities, NACEBEL
43230Insulation installation
43291Specialised construction activities
43222Installation of electric heating, air conditioning, cooling and ventilation
46649Wholesale of other machinery and equipment
51873
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.