TECHNIMAT
InactiveFinancials · financial year 2025, abbreviated format
Equity
-€22,719
2024 · €16,742
Total assets
€178,293▼ 34.7%
2024 · €273,191
Net result
-€39,460
2024 · €13,520
Working capital
-€90,705▼ 22.2%
2024 · -€74,255
Trend over the years
2021 to 2025, 5 financial years 2020 to 2025, 6 financial years
The operating result turns negative in 2025: a loss of €36,972 after €15,737 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€36,972
2025
Net result-€39,460
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€178,293
2025
Equity-€22,719
2025
Debt€201,012
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€90,705
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line202020212022202320242025
Operating result-€10,013-€3,687€4,328▲ 17.4%-€7,770€15,737-€36,972
Net result-€11,333-€2,749€1,127▼ 59.0%-€9,321€13,520-€39,460
Equity€8,667-€11,416▲ 31.7%€12,543▲ 9.9%€3,222▼ 74.3%€16,742▲ 420%-€22,719
Total assets€709,020-€73,642▼ 89.6%€182,843▲ 148%€172,668▼ 5.6%€273,191▲ 58.2%€178,293▼ 34.7%
Debt€700,353-€62,226▼ 91.1%€170,300▲ 174%€169,446▼ 0.5%€256,449▲ 51.3%€201,012▼ 21.6%
Working capital€6,236-€11,400▲ 82.8%€14,343▲ 25.8%€6,616▼ 53.9%-€74,255-€90,705▼ 22.2%
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €178,293
Fixed assets
€71,197 ▼ 24.4%
Current assets
€107,097 ▼ 40.2%
Equity and liabilities
Equity-€22,719
Debt€201,012
Equity is negative: debt (€201,012) exceeds the balance-sheet total (€178,293).
Key figures and ratios
EBITDA
-€13,972▼
2024 · €36,541
Cash flow
-€16,460▼
2024 · €34,323
Solvency
-12.7%▼
2024 · 6.1%
Current ratio
0.54▼
2024 · 0.71
ROA
-22.1%▼
2024 · 4.9%
Interest coverage
-4.34▼
2024 · 11.34
Debt ≤ 1 year
€197,802▼
2024 · €253,249
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,314 | €2,465 | €616 | €0 | €20,803 | €23,000 | ▲ 10.6% |
| Other operating charges640/8 | - | - | €111 | €625 | €499 | €0 | ▼ 100% |
| Gross operating margin9900 | -€4,310 | €7,127 | €5,055 | -€7,146 | €37,040 | -€13,972 | - |
| Operating profit (loss)9901 | -€10,013 | €3,687 | €4,328 | -€7,770 | €15,737 | -€36,972 | - |
| Financial income75/76B | - | - | - | €45 | €1,004 | €731 | ▼ 27.2% |
| Recurring financial income75 | - | - | - | €45 | €1,004 | €731 | ▼ 27.2% |
| Financial charges65/66B | - | - | €3,201 | €1,595 | €3,222 | €3,220 | ▼ 0.1% |
| Recurring financial charges65 | €1,320 | €938 | €3,201 | €1,595 | €3,222 | €3,220 | ▼ 0.1% |
| Profit (loss) for the period before taxes9903 | -€11,333 | €2,749 | €1,127 | -€9,321 | €13,520 | -€39,460 | - |
| Profit (loss) for the period9904 | -€11,333 | €2,749 | €1,127 | -€9,321 | €13,520 | -€39,460 | - |
| Profit (loss) for the period to be appropriated9905 | -€11,333 | €2,749 | €1,127 | -€9,321 | €13,520 | -€39,460 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €709,020 | €73,642 | €182,843 | €172,668 | €273,191 | €178,293 | ▼ 34.7% |
| Fixed assets21/28 | €3,081 | €616 | €0 | - | €94,197 | €71,197 | ▼ 24.4% |
| Intangible fixed assets21 | - | - | - | - | €94,197 | €71,197 | ▼ 24.4% |
| Tangible fixed assets22/27 | €3,081 | €616 | €0 | - | - | - | - |
| Furniture and vehicles24 | - | - | €0 | - | - | - | - |
| Current assets29/58 | €705,939 | €73,026 | €182,843 | €172,668 | €178,994 | €107,097 | ▼ 40.2% |
| Amounts receivable within one year40/41 | €57,959 | €7,242 | €42,542 | €20,463 | €35,237 | €219 | ▼ 99.4% |
| Trade receivables40 | - | - | €20,589 | €5,900 | €3,115 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | €21,953 | €14,563 | €32,122 | €219 | ▼ 99.3% |
| Cash at bank and in hand54/58 | €426,975 | €65,784 | €140,301 | €35,341 | €143,757 | €106,877 | ▼ 25.7% |
| Deferred charges and accrued income490/1 | - | - | - | €116,864 | €0 | - | - |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €709,020 | €73,642 | €182,843 | €172,668 | €273,191 | €178,293 | ▼ 34.7% |
| Equity10/15 | €8,667 | €11,416 | €12,543 | €3,222 | €16,742 | -€22,719 | - |
| Contributions10/11 | - | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€11,333 | -€8,584 | -€7,457 | -€16,778 | -€3,258 | -€42,719 | ▼ 1,211% |
| Amounts payable17/49 | €700,353 | €62,226 | €170,300 | €169,446 | €256,449 | €201,012 | ▼ 21.6% |
| Amounts payable within one year42/48 | €699,703 | €61,626 | €168,500 | €166,051 | €253,249 | €197,802 | ▼ 21.9% |
| Trade debts44 | €30,191 | €1,626 | €108,500 | €6,051 | €40,385 | €34,200 | ▼ 15.3% |
| Suppliers440/4 | - | - | €108,500 | €6,051 | €40,385 | €34,200 | ▼ 15.3% |
| Other amounts payable47/48 | - | - | €60,000 | €160,000 | €212,864 | €163,602 | ▼ 23.1% |
| Accrued charges and deferred income492/3 | - | - | €1,800 | €3,395 | €3,200 | €3,211 | ▲ 0.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€11,333 | €2,749 | €1,127 | -€9,321 | €13,520 | -€39,460 | - |
| + Depreciation and write-downs630 | €4,314 | €2,465 | €616 | €0 | €20,803 | €23,000 | ▲ 10.6% |
| Operating cash flow (approximation) | -€7,019 | €5,214 | €1,743 | -€9,321 | €34,323 | -€16,460 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | €0 | - |
| Change in cash | - | -€361,191 | €74,517 | -€104,960 | €108,416 | -€36,879 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | abbreviated format | 27-01-2026 | 2026-00016109 |
| 30-06-2024 | abbreviated format | 16-12-2024 | 2024-00616330 |
| 30-06-2023 | abbreviated format | 18-12-2023 | 2023-00529462 |
| 30-06-2022 | abbreviated format | 19-12-2022 | 2022-20539473 |
| 30-06-2021 | abbreviated format | 14-12-2021 | 2021-80100473 |
| 30-06-2020 | abbreviated format | 21-12-2020 | 2020-76600051 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.