TECHNITEX
ActiveSummary
The computed 12-month bankruptcy probability of TECHNITEX is 4.5% (elevated). The 2020 annual accounts show equity of €407,537 and a net result of -€2,178. Equity is growing by ~33.7% per year across the filed fiscal years. The company has been active since 1987 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2020 · tick = 2019
Profitability36▼-64
Solvency100=
Growth78=
Track record92
Bankruptcy probability, 12 months
4.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2020Solvency, return and age of the figures
Solvency
99.4%
Return on assets
-0.5%
Age of the figures
69 mo
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
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 28-10-2021, 89 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
89 d late
2019
131 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 110 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Late accounts filing
History
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Financials · fiscal year 2020, micro schema
Equity
€407,537▼ 0.5%
2019 · €409,715
Total assets
€409,874▼ 1.3%
2019 · €415,394
Net result
-€2,178
2019 · €277,240
Working capital
€306,903▼ 0.7%
2019 · €309,081
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Operating result-€6,611-€326,986-€2,541
Net result-€6,297-€277,240-€2,178
Equity€132,475-€409,715▲ 209%€407,537▼ 0.5%
Total assets€133,595-€415,394▲ 211%€409,874▼ 1.3%
Debt€1,120-€5,679▲ 407%€2,337▼ 58.9%
Working capital€104,520-€309,081▲ 196%€306,903▼ 0.7%
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 2020: a loss of €2,541 after €326,986 in 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €409,874
Fixed assets
€100,634 =
Current assets
€309,239 ▼ 1.8%
Equity and liabilities €409,874
Equity
€407,537 ▼ 0.5%
Debt
€2,337 ▼ 58.9%
Debt's share of the balance-sheet total falls from 1.4% to 0.6%. Equity and debt are lower.
Key figures and ratios
ROE
-0.5%▼
2019 · 67.7%
ROA
-0.5%▼
2019 · 66.7%
Debt ≤ 1 year
€2,337▼
2019 · €5,679
A ratio outside any meaningful range has been withheld (balance sheet total €409,874, equity €407,537).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0 | €0 | - | - |
| Gross operating margin9900 | -€4,231 | €329,401 | -€2,074 | ▼ 101% |
| Operating profit (loss)9901 | -€6,611 | €326,986 | -€2,541 | ▼ 101% |
| Recurring financial income75 | €510 | €453 | €363 | ▼ 19.9% |
| Recurring financial charges65 | €197 | €96 | - | - |
| Profit (loss) for the period before taxes9903 | -€6,297 | €327,343 | -€2,178 | ▼ 101% |
| Income taxes67/77 | - | €50,103 | - | - |
| Profit (loss) for the period9904 | -€6,297 | €277,240 | -€2,178 | ▼ 101% |
| Profit (loss) for the period to be appropriated9905 | -€6,297 | €277,240 | -€2,178 | ▼ 101% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €133,595 | €415,394 | €409,874 | ▼ 1.3% |
| Fixed assets21/28 | €27,955 | €100,634 | €100,634 | = |
| Tangible fixed assets22/27 | €27,955 | - | - | - |
| Financial fixed assets28 | - | €100,634 | €100,634 | = |
| Current assets29/58 | €105,640 | €314,759 | €309,239 | ▼ 1.8% |
| Amounts receivable within one year40/41 | €7,645 | €7,300 | €6,518 | ▼ 10.7% |
| Cash at bank and in hand54/58 | €97,760 | €307,460 | €274,718 | ▼ 10.6% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €133,595 | €415,394 | €409,874 | ▼ 1.3% |
| Equity10/15 | €132,475 | €409,715 | €407,537 | ▼ 0.5% |
| Contributions10/11 | €6,197 | €6,197 | €6,197 | = |
| Reserves13 | €195,242 | €195,242 | €195,242 | = |
| Profit (loss) carried forward14 | -€68,965 | €208,275 | €206,097 | ▼ 1.0% |
| Amounts payable17/49 | €1,120 | €5,679 | €2,337 | ▼ 58.9% |
| Amounts payable within one year42/48 | €1,120 | €5,679 | €2,337 | ▼ 58.9% |
| Trade debts44 | €434 | €437 | €2,337 | ▲ 434% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,297 | €277,240 | -€2,178 | ▼ 101% |
| + Depreciation and write-downs630 | €0 | €0 | - | - |
| Operating cash flow (approximation) | -€6,297 | €277,240 | -€2,178 | ▼ 101% |
| Investment in fixed assets (approximation) | - | -€72,680 | €0 | ▲ 100% |
| Change in cash | - | €209,700 | -€32,742 | ▼ 116% |
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
2025
08-09
KBO administration
Late accounts filing
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 132.33
Current ratio from 55.43 to 132.33; short-term debt falls from €5,679 to €2,337.
09-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 131 days late
2019
31-12
Financial
Back to profitnet €277,240
Net result €277,240 after one loss-making year.
31-12
Financial
Equity above €200,000Eq €409,715 ▲209%
Equity rises from €132,475 to €409,715.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
21-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
27-05
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
11-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
07-06
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
10-08
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 10 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Zelzate
Ground area
653 m²
Building footprint
144 m²
Volume, LiDAR
566 m³
Parcel 43302C0234/00W008, Flanders · tallest building 5.7 m, ±1 floor. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43302C0234/00W008 | Flanders | 653 m² | 1 · 144 m² | 5.7 m · 1 fl. |
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.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded18-11-1987
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.