Equity
Equity rose in 2025 from €43,249 to €102,323.
Equity rose in 2025 from €43,249 to €102,323.
The micro format states no turnover.
Debts rose by €63,705 in 2025.
The 2025 accounts came latest: 29 days after the end of the period.
Higher net result than 82% of companies in architecture and engineering. Sector median €16,508 · 12,247 companies.
In July 2024, 39,326 companies had the same profile as TECHNIVOR has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 39,326 companies, not a prediction for TECHNIVOR. 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.
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.
| Company | ||||
|---|---|---|---|---|
| TECHNIVOR Dilbeek | €227,332 | €216,636 | 45.0% | - |
| DG Phactory Overijse | €200,675 | €218,719 | 68.4% | - |
| PVNRT Wemmel | €245,465 | €177,949 | 76.3% | - |
| Axium Consult SRL Namur | €212,196 | €209,569 | 16.6% | - |
| TRACTUS Veurne | €192,925 | €207,752 | 24.5% | - |
| COREMATIC EUROPE Liège | €204,299 | €242,630 | -25.6% | - |
| Académie de la Prévention de la Sécurité Sprimont | €243,482 | €210,530 | 31.5% | - |
These companies have the same main activity as TECHNIVOR: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €193,000 and €245,000, founded between 2022 and 2023.
TECHNIVOR files the micro format. That format states no turnover. The gross margin rose from €43,586 in 2023 to €216,636 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €440,000. Estimated: probably between €340,000 and €560,000.
Higher than 41% of 12,247 companies in 2025.
Higher than 37% of 11,952 companies in 2025.
Higher than 74% of 12,047 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
227,332 | 104,553 | 49,045 | |
21/28 |
37,147 | 32,536 | 3,329 | |
22/27 |
12,267 | 11,156 | 3,329 | |
23 |
9,673 | 9,397 | 1,156 | |
24 |
2,594 | 1,759 | 2,173 | |
28 |
24,880 | 21,380 | - | |
29/58 |
190,185 | 72,017 | 45,715 | |
40/41 |
145,932 | 39,138 | 43,758 | |
40 |
145,932 | 39,138 | 43,410 | |
41 |
- | - | 348 | |
54/58 |
44,253 | 32,580 | 1,957 | |
490/1 |
- | 299 | - | |
| Balance sheet: equity and liabilities | ||||
10/49 |
227,332 | 104,553 | 49,045 | |
10/15 |
102,323 | 43,249 | 20,049 | |
10/11 |
5,000 | 5,000 | 5,000 | |
14 |
97,323 | 38,249 | 15,049 | |
17/49 |
125,008 | 61,304 | 28,995 | |
42/48 |
125,008 | 61,304 | 28,995 | |
44 |
34,311 | 10,076 | 10,038 | |
440/4 |
34,311 | 10,076 | 10,038 | |
45 |
72,777 | 28,910 | 5,945 | |
450/3 |
46,060 | 14,864 | 4,303 | |
454/9 |
26,718 | 14,046 | 1,642 | |
47/48 |
17,920 | 22,317 | 13,013 | |
| Income statement | ||||
9900 |
216,636 | 108,866 | 43,586 | |
62 |
127,647 | 66,135 | 20,149 | |
630 |
11,243 | 7,560 | 3,242 | |
640/8 |
885 | 2,274 | 384 | |
9901 |
76,861 | 32,897 | 19,810 | |
75/76B |
1,516 | 182 | - | |
76B |
1,516 | 182 | - | |
65/66B |
1,360 | 1,316 | 458 | |
66B |
1,360 | 1,316 | 458 | |
9903 |
77,017 | 31,763 | 19,352 | |
67/77 |
17,943 | 8,563 | 4,303 | |
9904 |
59,074 | 23,200 | 15,049 | |
9905 |
59,074 | 23,200 | 15,049 | |
| Appropriation of the result | ||||
9906 |
97,323 | 38,249 | 15,049 | |
14P |
38,249 | 15,049 | - | |
| Document | ||||
The notes to these accounts have 7 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 2025 at the NBB, filed on 29-08-2026.
2025 annual accounts filed 29 days after the deadline. Filed on 29 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00505363.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 88,104 | 40,457 | 23,053 | ||
| 70,317 | 30,760 | 18,292 | ||
| 15,853 | 36,767 | 5,400 | ||
| 11,673 | 30,623 | - | ||
| 65,177 | 10,713 | 16,720 | ||
| 45.0% | 41.4% | 40.9% | ||
| 1.52 | 1.17 | 1.58 | ||
| 1.22 | 1.42 | 1.45 | ||
| 57.7% | 53.6% | 75.1% | ||
| 26.0% | 22.2% | 30.7% | ||
| 64.77 | 30.75 | 50.36 |
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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €12,353 | €15,387 | €5,400 |
| Financial fixed assets | €3,500 | €21,380 | - |
| €11,243 | €7,560 | €3,242 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.
The operating result for 2025 is 134% higher than in 2024 and the highest since 2023. It is the second rise in a row.
Debt's share of the balance-sheet total falls from 58.6% to 55.0%. Equity and debt are higher.
TECHNIVOR has no parent and no holdings in its annual accounts. is the only director. TECHNIVOR shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Ninoofsesteenweg 899 B registered office 1703 Dilbeek | 06-07-2023 | 2.347.492.149 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23070A0066/00K000 | 579 m² | 1 · 206 m² | 8.4 m · 2 |
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