TechniTeam
ActiveSummary
TechniTeam has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40k and a net result of €15k. Equity is growing by ~28.2% per year across the filed fiscal years. Its solvency ranks better than 46% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability87▼-13
Solvency66▼-12
Growth52=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 1.63 against 2.06 in 2024; short-term debt: 44.1% and cash: 19.9% of total assets), but 59.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 31-10-2025, 0 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2022
2 d early
2021
1 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 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€40k▲ 55.8%
2024 · €26k
2021: €21k
2022: €13k▼ -36.8% vs 2021lowest value
2024: €26k
2025: €40k▲ +55.8% vs 2024highest value
2021 → 2025
Total assets
€100k▲ 103%
2024 · €49k
2021: €60k
2022: €19k▼ -68.8% vs 2021lowest value
2024: €49k
2025: €100k▲ +103% vs 2024highest value
2021 → 2025
Net result
€15k▲ 14.7%
2024 · €13k
2021: €18khighest value
2022: €-8k▼ -143% vs 2021lowest value
2024: €13k
2025: €15k▲ +14.7% vs 2024
2021 → 2025
Working capital
€28k▲ 13.8%
2024 · €24k
2021: €18k
2022: €11k▼ -40.6% vs 2021lowest value
2024: €24k
2025: €28k▲ +13.8% vs 2024highest value
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220242025Trend
Equity€21k-€13k▼ 36.8%€26k▲ 94.8%€40k▲ 55.8%
2021: €21k
2022: €13k▼ -36.8% vs 2021lowest value
2024: €26k
2025: €40k▲ +55.8% vs 2024highest value
Operating result€19k-€-8k€15k€20k▲ 29.4%
2021: €19k
2022: €-8k▼ -142% vs 2021lowest value
2024: €15k
2025: €20k▲ +29.4% vs 2024highest value
Net result€18k-€-8k€13k€15k▲ 14.7%
2021: €18khighest value
2022: €-8k▼ -143% vs 2021lowest value
2024: €13k
2025: €15k▲ +14.7% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 29% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €100k
Fixed assets
€28k ▲ 1,562%
Current assets
€72k ▲ 51.4%
Equity and liabilities €100k
Equity
€40k ▲ 55.8%
Debt
€59k ▲ 157%
Debt's share of the balance-sheet total rises from 47.0% to 59.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€26k▲
2024 · €17k
Cash flow
€20k▲
2024 · €15k
Current ratio
1.63▼
2024 · 2.06
Quick ratio
1.54▼
2024 · 1.90
Debt to equity
1.46▲
2024 · 0.89
ROE
35.8%▼
2024 · 48.7%
ROA
14.5%▼
2024 · 25.8%
Interest coverage
21.34▼
2024 · 62.14
Debt ≤ 1 year
€44k▲
2024 · €23k
Debt > 1 year
€15k
Income taxes
€4k▲
2024 · €2k
Staff costs
€17k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€49k€100k▲
Fixed assets21/28€2k€28k▲
Tangible fixed assets22/27€2k€28k▲
Plant, machinery and equipment23€60€1k▲
Furniture and vehicles24€2k€26k▲
Financial fixed assets28-€195
Current assets29/58€47k€72k▲
Stocks and contracts in progress3€4k€4k▲
Stocks30/36€4k€4k▲
Amounts receivable within one year40/41€26k€48k▲
Trade receivables40€19k€43k▲
Other amounts receivable41€6k€5k▼
Cash at bank and in hand54/58€18k€20k▲
Deferred charges and accrued income490/1-€153
Equity and liabilities
Total equity and liabilities10/49€49k€100k▲
Equity10/15€26k€40k▲
Contributions10/11€3k€3k=
Reserves13€23k€37k▲
Distributable reserves133€23k€37k▲
Amounts payable17/49€23k€59k▲
Amounts payable after more than one year17-€15k
Financial debts170/4-€15k
Amounts payable within one year42/48€23k€44k▲
Current portion of amounts payable after more than one year42-€18k
Trade debts44€18k€20k▲
Suppliers440/4€18k€20k▲
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€2k€875▼
Remuneration and social security454/9-€2k
Other amounts payable47/48€2k€4k▲
Income statement
Code20242025
Remuneration, social security and pensions62-€17k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€6k▲
Other operating charges640/8€841€2k▲
Non-recurring operating charges66A€1k-
Gross operating margin9900€20k€44k▲
Operating profit (loss)9901€15k€20k▲
Financial income75/76B€129€78▼
Recurring financial income75€129€78▼
Financial charges65/66B€280€1k▲
Recurring financial charges65€280€1k▲
Profit (loss) for the period before taxes9903€15k€19k▲
Income taxes67/77€2k€4k▲
Profit (loss) for the period9904€13k€15k▲
Profit (loss) for the period to be appropriated9905€13k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€13k€15k▲
Transfer to equity691/2€13k€15k▲
To other reserves6921€13k€15k▲
Social balance
Average headcount (FTE)9087-0.2
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €17k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €2k | €2k | €6k | ▲ 172% |
| Other operating charges640/8 | €1k | €9k | €841 | €2k | ▲ 134% |
| Non-recurring operating charges66A | - | - | €1k | - | - |
| Gross operating margin9900 | €21k | €3k | €20k | €44k | ▲ 126% |
| Operating profit (loss)9901 | €19k | €-8k | €15k | €20k | ▲ 29.4% |
| Financial income75/76B | €763 | €280 | €129 | €78 | ▼ 39.5% |
| Recurring financial income75 | €763 | €280 | €129 | €78 | ▼ 39.5% |
| Financial charges65/66B | €138 | €164 | €280 | €1k | ▲ 328% |
| Recurring financial charges65 | €138 | €164 | €280 | €1k | ▲ 328% |
| Profit (loss) for the period before taxes9903 | €19k | €-8k | €15k | €19k | ▲ 23.3% |
| Income taxes67/77 | €1k | - | €2k | €4k | ▲ 67.4% |
| Profit (loss) for the period9904 | €18k | €-8k | €13k | €15k | ▲ 14.7% |
| Profit (loss) for the period to be appropriated9905 | €18k | €-8k | €13k | €15k | ▲ 14.7% |
| Line | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €60k | €19k | €49k | €100k | ▲ 103% |
| Fixed assets21/28 | €3k | €4k | €2k | €28k | ▲ 1,562% |
| Tangible fixed assets22/27 | €3k | €4k | €2k | €28k | ▲ 1,550% |
| Plant, machinery and equipment23 | €1k | €870 | €60 | €1k | ▲ 2,302% |
| Furniture and vehicles24 | €2k | €3k | €2k | €26k | ▲ 1,522% |
| Financial fixed assets28 | - | - | - | €195 | - |
| Current assets29/58 | €57k | €15k | €47k | €72k | ▲ 51.4% |
| Stocks and contracts in progress3 | €6k | €4k | €4k | €4k | ▲ 7.0% |
| Stocks30/36 | €6k | €4k | €4k | €4k | ▲ 7.0% |
| Amounts receivable within one year40/41 | €25k | €8k | €26k | €48k | ▲ 84.9% |
| Trade receivables40 | €25k | €7k | €19k | €43k | ▲ 122% |
| Other amounts receivable41 | €586 | €1k | €6k | €5k | ▼ 25.2% |
| Cash at bank and in hand54/58 | €25k | €3k | €18k | €20k | ▲ 10.9% |
| Deferred charges and accrued income490/1 | - | - | - | €153 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €60k | €19k | €49k | €100k | ▲ 103% |
| Equity10/15 | €21k | €13k | €26k | €40k | ▲ 55.8% |
| Contributions10/11 | €3k | €3k | €3k | €3k | = |
| Reserves13 | €18k | €10k | €23k | €37k | ▲ 63.1% |
| Distributable reserves133 | €18k | €10k | €23k | €37k | ▲ 63.1% |
| Amounts payable17/49 | €39k | €5k | €23k | €59k | ▲ 157% |
| Amounts payable after more than one year17 | - | - | - | €15k | - |
| Financial debts170/4 | - | - | - | €15k | - |
| Amounts payable within one year42/48 | €38k | €4k | €23k | €44k | ▲ 91.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €18k | - |
| Trade debts44 | €34k | €4k | €18k | €20k | ▲ 7.8% |
| Suppliers440/4 | €34k | €4k | €18k | €20k | ▲ 7.8% |
| Taxes, remuneration and social security45 | €4k | - | €2k | €3k | ▲ 16.1% |
| Taxes450/3 | €4k | - | €2k | €875 | ▼ 64.7% |
| Remuneration and social security454/9 | - | - | - | €2k | - |
| Other amounts payable47/48 | - | - | €2k | €4k | ▲ 60.2% |
| Accrued charges and deferred income492/3 | €750 | €1k | - | - | - |
| Line | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18k | €-8k | €13k | €15k | ▲ 14.7% |
| + Depreciation and write-downs630 | €1k | €2k | €2k | €6k | ▲ 172% |
| Operating cash flow (approximation) | €19k | €-6k | €15k | €20k | ▲ 37.4% |
| Investment in fixed assets (approximation) | - | €-2k | - | €-32k | - |
| Change in cash | - | €-22k | - | €2k | - |
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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity doublescurrent ratio 3.62
Current ratio from 1.48 to 3.62; short-term debt falls from €38k to €4k.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Zonhoven · 1 establishment unit since 2019
Ground area
2,121 m²
Parcel 71442D0130/00A039, Flanders. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
TechniTeam
since 20192.297.329.687
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71442D0130/00A039 | Flanders | 2,121 m² | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 3,000 EUR awarded · 3,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 3,000 EUR | 3,000 EUR |
Schemes
Corona-compensatiepremie (stopgezet)
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Of 1,173 companies in sector 46499 we hold annual accounts for 743. 380 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
Founded11-12-2019
Fiscal year end31-03
Activities, NACEBEL 2025
46499Wholesale of other household goods
46831Wholesale of construction materials, general range
46842Wholesale trade
47521Retail sale of hardware, building materials, paint and glass (general range)
Scores and ratios are computed by Checked and are not a credit decision.