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TECHNITEC

Active
Private limited companyfounded 2023active for 3 yearsKleurvinge 14, 8791 Waregem, BelgiumKBO/BCE: BE 0804.383.089
Summary

TECHNITEC has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34,282 and a net result of €24,282. Its solvency ranks better than 67% of 468 sector peers (NACE 28, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Manufacture of machinery and equipment not elsewhere classified
NACE 28940
1 site
Size
€49,542total assets 2025
Equity
€34,282
Profit
€24,282
Turnover not published (micro format)
Financial health
91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Accounts 2 days early0 of 1 deed read
Why 91raises riskFounded in 2023Size: total assets €49,542lowers riskLiquidity: current ratio 3.21, cash €40,252Equity €34,282 (69.2% of total assets)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 84% of its sector peers (NACE 28, micro)
Financial strength
Strong
Solvency 94
equity 69.2% of total assets
Liquidity 87
short-term debt 30.8% · cash 81.2%
Profitability 100
return on assets 49.0%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (979 companies, NACE 28, micro)
Last 24 months 11-2024: 2.2% 12-2024: 2.3%▲ +0.1 percentage points vs 11-2024 01-2025: 2.5%▲ +0.2 percentage points vs 12-2024 02-2025: 2.5%● unchanged vs 01-2025 03-2025: 2.8%▲ +0.3 percentage points vs 02-2025 04-2025: 2.9%▲ +0.1 percentage points vs 03-2025 05-2025: 2.7%▼ -0.2 percentage points vs 04-2025 06-2025: 3.0%▲ +0.3 percentage points vs 05-2025 07-2025: 3.1%▲ +0.1 percentage points vs 06-2025 08-2025: 3.1%● unchanged vs 07-2025highest value 09-2025: 3.1%● unchanged vs 08-2025highest value 10-2025: 3.1%● unchanged vs 09-2025highest value 11-2025: 3.1%● unchanged vs 10-2025highest value 12-2025: 3.1%● unchanged vs 11-2025highest value 01-2026: 3.1%● unchanged vs 12-2025highest value 02-2026: 0.3%▼ -2.8 percentage points vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.2%▼ -0.1 percentage points vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.3%▲ +0.1 percentage points vs 09-2026
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.21; short-term debt: 30.8% and cash: 81.2% of total assets), and 30.8% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 28, micro): better than 72% on solvency, 86% on liquidity and 95% on profitability.

The bankruptcy probability was computed on 08-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 3.21, cash €40,252
NBB · annual accounts
raises risk · Founded in 2023
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Size: total assets €49,542
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €34,282 (69.2% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
2 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…

Financials · financial year 2025, micro format

Equity
€34,282
Total assets
€49,542
Net result
€24,282
Working capital
€33,649

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €49,542
Fixed assets €633
Current assets €48,909
Equity and liabilities €49,542
Equity €34,282
Debt €15,260
Debt finances 30.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€36,460
Cash flow
€24,649
Current ratio
3.21
Debt to equity
0.45
ROE
70.8%
ROA
49.0%
Interest coverage
over 100
Debt ≤ 1 year
€15,260
Income taxes
€11,751

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€49,542
Fixed assets21/28€633
Tangible fixed assets22/27€633
Furniture and vehicles24€633
Current assets29/58€48,909
Amounts receivable within one year40/41€8,657
Trade receivables40€3,493
Other amounts receivable41€5,164
Cash at bank and in hand54/58€40,252
Equity and liabilities
Total equity and liabilities10/49€49,542
Equity10/15€34,282
Contributions10/11€10,000
Reserves13€24,282
Distributable reserves133€24,282
Amounts payable17/49€15,260
Amounts payable within one year42/48€15,260
Trade debts44€2,950
Suppliers440/4€2,950
Taxes, remuneration and social security45€12,310
Taxes450/3€12,310
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€367
Other operating charges640/8€126
Gross operating margin9900€36,586
Operating profit (loss)9901€36,093
Financial income75/76B€15
Recurring financial income75€15
Financial charges65/66B€75
Recurring financial charges65€75
Profit (loss) for the period before taxes9903€36,033
Income taxes67/77€11,751
Profit (loss) for the period9904€24,282
Profit (loss) for the period to be appropriated9905€24,282
Appropriation of the result
Profit (loss) to be appropriated9906€24,282
Transfer to equity691/2€24,282
To other reserves6921€24,282

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€367
Other operating charges640/8€126
Gross operating margin9900€36,586
Operating profit (loss)9901€36,093
Financial income75/76B€15
Recurring financial income75€15
Financial charges65/66B€75
Recurring financial charges65€75
Profit (loss) for the period before taxes9903€36,033
Income taxes67/77€11,751
Profit (loss) for the period9904€24,282
Profit (loss) for the period to be appropriated9905€24,282
Line2025
Assets
Total assets20/58€49,542
Fixed assets21/28€633
Tangible fixed assets22/27€633
Furniture and vehicles24€633
Current assets29/58€48,909
Amounts receivable within one year40/41€8,657
Trade receivables40€3,493
Other amounts receivable41€5,164
Cash at bank and in hand54/58€40,252
Equity and liabilities
Total equity and liabilities10/49€49,542
Equity10/15€34,282
Contributions10/11€10,000
Reserves13€24,282
Distributable reserves133€24,282
Amounts payable17/49€15,260
Amounts payable within one year42/48€15,260
Trade debts44€2,950
Suppliers440/4€2,950
Taxes, remuneration and social security45€12,310
Taxes450/3€12,310
Line2025
Profit (loss) for the period9904€24,282
+ Depreciation and write-downs630€367
Operating cash flow (approximation)€24,649

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

TECHNITEC was incorporated on 28 July 2023 as a private limited company.1 The company has filed annual accounts once, for financial year 2025.2

  1. 1KBO (Crossroads Bank for Enterprises)
  2. 2National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
29-01
NBB filing Annual accounts filed
financial year 2025 · micro format
NBB filing
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded28-07-2023
Financial year end30-06
Activities, NACEBEL 2025
28940Manufacture of machinery and equipment not elsewhere classified
33120Repair and maintenance of machinery
Contact
E-mail m.vanhoucke@skynet.be
Phone 0497267181
E-invoicing
Reachable via Peppol
Peppol ID 0208:0804383089
Also 9925:BE0804383089
Registered 13-09-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 9 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Waregem · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
1,155 m²
Building footprint
136 m²
Building volume
792 m³
Parcel 34006A0310/00W002, Flanders · tallest building 9.1 m. Linked by address, not a title deed.
1 establishment unit
Kleurvinge 14, 8791 Waregem
Manufacture of metal structures and parts of structures
since 2023unit no. 2.348.426.319
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
34006A0310/00W002 Flanders 1,155 m² 1 · 136 m² 9.1 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.