Equity
€1.7m ▲ 1.4%
TECHNIWAN has made a profit without a break since 2020.
TECHNIWAN
Lifetime
20 annual accounts with figures on one time axis, 38 filings since 1988peak €642,242 (2024)
€56,382▼ 91.2%
lowest -€73,381 (2019)
€22,888▼ 90.1%
peak €1.9m (2012)
€1.7m▲ 1.4%
€39,045▼ 67.3%
peak 8.2 FTE (2010)
-not published
Board1 name since 2021
1 directorEric WANNYN
Documentsfilings and deeds
18-06-202643 days before the deadline
2025abbreviated format
Gross margin from €642,242 to €56,382Result from €231,813 to €22,888Capital decrease of €1,022,000 to €35,612.48 19-12Debts from €119,236 to €39,045
Key points
from the 2025 annual accountsResult
€22,888 ▼ 90.1%
The result fell in 2025: the 2024 profit included a one-off income of €311,125.
Turnover
≈ €270,000 estimated
The accounts state no turnover.
Liquidity
36.64 was 12.04 in 2024
Short-term debts fell from €117,636 to €38,345.
Filings
38 annual accounts since 1988
Five of the last ten came late. The 2016 accounts came latest: 31 days after the end of the period.
Position in the sector
97.5%
Higher solvency than 95% of companies in retail trade. Sector median 36.6% · 12,853 companies.
Checked score
96
Excellent
Financially stronger than 72% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026lowest value
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026highest value
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Retail trade (NACE 47)
lowers risk
Liquidity: current ratio 36.64, cash €1.4m
Equity €1.7m (97.5% of total assets)
Size: total assets €1.7m
Calculation
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 47, micro). It does better than 92% of them on solvency, 99% on liquidity, 52% on profitability and 44% 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 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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).
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as TECHNIWAN has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TECHNIWAN itself: < 0.1% within 12 months.
Test of the method
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 14,766 companies, not a prediction for TECHNIWAN. 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.
Credit verdict
Credit of up to €160,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 36.64 (12.04 in 2024), above the usual 1.5. Short-term debt is 2.2% and cash 78.5% of total assets. 2.5% of the assets are financed with debt and provisions.
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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.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 days early
2024
41 days early
2023
117 days early
2022
34 days early
2021
12 days late
2020
3 days late
2019
32 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 36 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 June (4 of the last 5 accounts filed within 53 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Capital decrease of €1,022,000 to €35,612.48
Capital from €1,057,612.48 to €35,612.48 · General meeting of 15-11-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0431480051
Company renamed from CUISIWAN to TECHNIWAN
Gazette deed
Change of role: Eric WANNYN, from statutory manager to director
“La gestion d’un patrimoine immobilier, dans son acceptation la plus large et notamment : la rénovation, la…” (deed in French) · Director discharge: Eric WANNYN · General meeting of 01-06-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TECHNIWAN Tournai | - | - | 97.5% | - |
| DAMPIERRE Rixensart | - | - | 96.3% | - |
| MEUBELSTAD Brussels | - | - | -9.1% | - |
| MIBELCO Awans | €55,272 | 14.6% | 96.3% | 1 |
| Deuren & Trappen Fagard Bilzen-Hoeselt | - | - | 54.7% | - |
| PANDA MEUBLES Sambreville | €117,724 | 18.4% | 40.2% | - |
| KRINGS-MARAITE Saint-Vith | - | - | 4.7% | 0.4 |
These companies have the same main activity as TECHNIWAN: retail sale of household furniture (NACE 47551). They are comparable in size and age: total assets between €1.2m and €2m, founded between 1983 and 1992.
Official details
Source: KBO- Status
- Active since 24-06-1987Normal situation
- Activity
- Retail sale of household furnitureNACE 47551
- Establishment unit
- 2.029.467.4547504 Tournai, since 13-07-1987
- Financial year end
- 31 December
- Peppol
- Reachable since 05-12-2025
Annual accounts 2025
- €1.7m▼ 3.6%
- Filing
- Filed on 18-06-2026, 43 days before the end of the filing period
Insights on TECHNIWAN
TECHNIWAN files the abbreviated format. That format states no turnover. The gross margin fell from €444,895 in 2006 to €56,382 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TECHNIWAN
- What is the company number of TECHNIWAN?
- The company number of TECHNIWAN is 0431.480.051. The VAT number is the same number with BE in front: BE 0431.480.051.
- Where is TECHNIWAN based?
- The registered office is at Rue de la Source 38, 7504 Tournai.Company details
- What does TECHNIWAN do?
- According to the KBO register, the main activity is retail sale of household furniture (NACE 47551).
- What is the legal form of TECHNIWAN?
- TECHNIWAN is a private limited company (BV).
- When was TECHNIWAN founded?
- TECHNIWAN was founded on 24-06-1987.
- Is TECHNIWAN still active?
- Yes, TECHNIWAN is an active enterprise in the KBO register.
- How many employees does TECHNIWAN have?
- TECHNIWAN had an average of 6.3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of TECHNIWAN?
- The turnover in financial year 2025 is ≈ €270,000. This figure is estimated from the gross margin of €56,382 and 35 comparable companies (NACE 475). It probably lies between €150,000 and €460,000.
- Is TECHNIWAN profitable?
- In financial year 2025, TECHNIWAN made a profit of €22,888.
- Where can I find the annual accounts of TECHNIWAN?
- TECHNIWAN filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TECHNIWAN due?
- TECHNIWAN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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