Turnover
The abbreviated format states no turnover.
The abbreviated format states no turnover.
The last five annual accounts were filed 0 to 2 days before the end of the period.
Less equity than 84% of companies in wholesale trade. Sector median €370,418 · 480 companies.
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 46, micro). It does better than 55% of them on solvency, 42% on liquidity, 52% on profitability and 45% 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 31-03-2026.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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).
In July 2024, 5,047 companies had the same profile as TechniTeam has now. Each dot stands for 13 companies, two years later.
That fits the bankruptcy probability of TechniTeam itself: 1.1% within 12 months.
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 5,047 companies, not a prediction for TechniTeam. 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.
Liquidity is ample, with a current ratio of 1.73 (1.63 in 2025), above the usual 1.5. Short-term debt is 45.8% and cash 12.9% of total assets. However, 52.6% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 5 accounts on average 1 day before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| TechniTeam Zonhoven | €86,218 | €36,644 | 47.4% | 0.2 |
| MT GGI Boom | €161,214 | €12,208 | 16.0% | 0.4 |
| REBOTEC MEDICAL Lanaken | €74,287 | €25,540 | 48.8% | - |
| HERITAGE FOOD BRANDS Bruges | €266,362 | €71,750 | 37.4% | 1 |
| Loncke Franchise One Kortrijk | €187,645 | €109,236 | 48.2% | 1 |
| SOLIS PARTNERS Puurs-Sint-Amands | €58,467 | €42,737 | -1.3% | - |
| ANNA & REINOUD Boutersem | €70,706 | €23,314 | 22.4% | - |
These companies have the same main activity as TechniTeam: wholesale of other household goods (NACE 46499). They are comparable in size and age: total assets between €58,500 and €266,000, founded between 2017 and 2020.
TechniTeam files the abbreviated format. That format states no turnover. The gross margin rose from €21,018 in 2021 to €36,644 in 2026.
The balance sheet grew most in 2025 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €190,000. Estimated: probably between €120,000 and €380,000.
Higher than 48% of 9,901 companies in 2025.
Higher than 47% of 9,664 companies in 2025.
Higher than 84% of 9,779 companies in 2025.
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2026 | 2025 | 2024 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
86,218 | 99,731 | 49,020 | 18,676 | 59,949 | |
21/28 |
17,689 | 28,049 | 1,688 | 3,560 | 3,429 | |
22/27 |
17,493 | 27,853 | 1,688 | 3,560 | 3,429 | |
23 |
1,128 | 1,445 | 60 | 870 | 1,410 | |
24 |
16,366 | 26,408 | 1,628 | 2,690 | 2,018 | |
28 |
195 | 195 | - | - | - | |
29/58 |
68,529 | 71,683 | 47,332 | 15,116 | 56,521 | |
3 |
3,572 | 3,822 | 3,571 | 3,572 | 6,320 | |
30/36 |
3,572 | 3,822 | 3,571 | 3,572 | 6,320 | |
40/41 |
52,631 | 47,883 | 25,891 | 8,226 | 25,280 | |
40 |
48,461 | 43,035 | 19,412 | 6,981 | 24,695 | |
41 |
4,169 | 4,849 | 6,479 | 1,245 | 586 | |
54/58 |
11,154 | 19,825 | 17,870 | 3,319 | 24,920 | |
490/1 |
1,173 | 153 | - | - | - | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
86,218 | 99,731 | 49,020 | 18,676 | 59,949 | |
10/15 |
40,910 | 40,498 | 25,991 | 13,343 | 21,110 | |
10/11 |
3,000 | 3,000 | 3,000 | 3,000 | 3,000 | |
13 |
37,910 | 37,498 | 22,991 | 10,343 | 18,110 | |
133 |
37,910 | 37,498 | 22,991 | 10,343 | 18,110 | |
17/49 |
45,308 | 59,234 | 23,028 | 5,333 | 38,839 | |
17 |
5,801 | 15,220 | - | - | - | |
170/4 |
5,801 | 15,220 | - | - | - | |
42/48 |
39,507 | 44,014 | 23,028 | 4,174 | 38,089 | |
42 |
9,420 | 17,796 | - | - | - | |
44 |
18,412 | 19,716 | 18,288 | 4,174 | 34,448 | |
440/4 |
18,412 | 19,716 | 18,288 | 4,174 | 34,448 | |
45 |
6,470 | 2,880 | 2,480 | - | 3,642 | |
450/3 |
2,088 | 875 | 2,480 | - | 3,642 | |
454/9 |
4,383 | 2,005 | - | - | - | |
47/48 |
5,206 | 3,622 | 2,260 | - | - | |
492/3 |
- | - | - | 1,160 | 750 | |
| Income statement | ||||||
9900 |
36,644 | 44,411 | 19,657 | 2,505 | 21,018 | |
62 |
19,972 | 16,842 | - | - | - | |
630 |
10,763 | 5,824 | 2,142 | 1,778 | 1,039 | |
640/8 |
1,404 | 1,966 | 841 | 8,610 | 1,222 | |
66A |
- | - | 1,393 | - | - | |
9901 |
4,505 | 19,779 | 15,280 | -7,883 | 18,757 | |
75/76B |
- | 78 | 129 | 280 | 763 | |
75 |
- | 78 | 129 | 280 | 763 | |
65/66B |
2,166 | 1,200 | 280 | 164 | 138 | |
65 |
2,166 | 1,200 | 280 | 164 | 138 | |
9903 |
2,339 | 18,657 | 15,128 | -7,767 | 19,383 | |
67/77 |
1,926 | 4,151 | 2,480 | - | 1,273 | |
9904 |
413 | 14,506 | 12,648 | -7,767 | 18,110 | |
9905 |
413 | 14,506 | 12,648 | -7,767 | 18,110 | |
| Appropriation of the result | ||||||
9906 |
413 | 14,506 | 12,648 | -7,767 | 18,110 | |
791/2 |
- | - | - | 7,767 | - | |
691/2 |
413 | 14,506 | 12,648 | - | 18,110 | |
6921 |
413 | 14,506 | 12,648 | - | 18,110 | |
| Social balance sheet | ||||||
9087 |
0.2 | 0.2 | - | - | - | |
Hours worked1013 |
453 | 363 | - | - | - | |
| Document | ||||||
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2026 at the NBB, filed on 29-10-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | abbreviated format | 29-10-2026 | 2026-00597027 | |
| 31-03-2025 | abbreviated format | 31-10-2025 | 2025-00557952 | |
| 31-03-2024 | abbreviated format | 30-10-2024 | 2024-00524016 | |
| 30-09-2022 | abbreviated format | 28-04-2023 | 2023-00076525 | |
| 30-09-2021 | abbreviated format | 29-04-2022 | 2022-20017079 |
| Line | Trend | 2026 | 2025 | 2024 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 15,268 | 25,603 | 17,422 | -6,105 | 19,796 | ||
| 11,176 | 20,330 | 14,791 | -5,988 | 19,149 | ||
| 801 | 32,184 | 1,664 | 1,910 | 4,467 | ||
| -8,670 | 1,955 | - | -21,602 | - | ||
| 29,022 | 27,669 | 24,304 | 10,943 | 18,431 | ||
| 47.4% | 40.6% | 53.0% | 71.4% | 35.2% | ||
| 1.73 | 1.63 | 2.06 | 3.62 | 1.48 | ||
| 1.64 | 1.54 | 1.90 | 2.77 | 1.32 | ||
| 1.11 | 1.46 | 0.89 | 0.40 | 1.84 | ||
| 1.0% | 35.8% | 48.7% | -58.2% | 85.8% | ||
| 0.5% | 14.5% | 25.8% | -41.6% | 30.2% | ||
| 7.05 | 21.34 | 62.14 | -37.26 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-03-2026 | 31-03-2025 |
|---|---|---|
| Employees at the balance-sheet date | 1 | 1 |
| part-time | 1 | 1 |
| in full-time equivalents | 0.2 | 0.2 |
| 0.2 | 0.2 | |
| On a permanent contract | 1 | 1 |
| Joined | - | 1 |
| Left | - | 0 |
Source: social balance sheet in the 2025 to 2026 annual accounts
| Item | 31-03-2026 | 31-03-2025 | 31-03-2024 | 30-09-2022 | 30-09-2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €801 | €31,989 | €1,664 | €1,910 | €4,467 |
| Financial fixed assets | - | €195 | - | - | - |
| €10,763 | €5,824 | €2,142 | €1,778 | €1,039 |
Source: notes to the 2021 to 2026 annual accounts (statement of fixed assets)
The operating result for 2026 is 77% lower than in 2025 and the lowest since 2022.
Debt's share of the balance-sheet total falls from 59.4% to 52.6%. Equity is higher and debt is lower.
TechniTeam has no parent and no holdings in its annual accounts. Vandebroek John is the only director.
| JOVA Technics
registered office since 18-11-2013 · founded in 2013 |
1 FTE (2026) 0541.674.922 |
| VERDA VENTO BE
registered office since 06-01-2022 · founded in 2022 |
total assets €36,496 (2025) 0779.793.787 |
| AIRCOLIMBURG
registered office since 03-01-2019 · founded in 2019 |
total assets €34,329 (2025) 0717.584.422 |
| GOOSE via Goossens David, at TechniTeam until 2024 · Manager (not named in the articles) · deed of 17-03-2025 |
founded in 2013 |
Deadline for the 2027 accounts: 31-10-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
TechniTeam was incorporated on 11 December 2019 as a private limited company by two natural persons, with a starting capital of €3,000.12 In 2023 the company took the name TechniTeam.3 The registered office was moved to Zonhoven in 2025.4 Vandebroek John is director of the company, appointed by deed of 13-12-2019.2 Total assets rose from €59,949 in 2021 to €86,218 in 2026.5
| Establishment | Since | Unit number |
|---|---|---|
| KMO-zone Molenheide 4049 registered office 3520 Zonhoven 43211 General electrical installation work | 11-12-2019 | 2.297.329.687 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 71442D0130/00A039 | 2,121 m² | - | - |
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