Equity
Equity fell by 53% in 2 years.
Equity fell by 53% in 2 years.
The result fell in 2024: last year before the absorption by PAS.
Of this, €1.3m falls due within a year.
Green is investment, beige is depreciation.
TECHNO COATING pays its suppliers 50 days later than in 2023. Customers pay 4 days earlier.
The 2021 accounts came latest: 96 days after the end of the period.
TECHNO COATING reached its highest turnover in 2021: €1.4m. A year later it was €1.4m, and in 2023 still €1.1m.
Equity fell from €700,774 in 2022 to €332,427 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Staff costs divided by the average number of full-time equivalents.
Training hours in 2024: 20. Agency workers: 0.1 on average.
| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
1.7m | 2.0m | 3.1m | 1.5m | 1.5m | 1.6m | 1.6m | 802,221 | |
21/28 |
1.6m | 1.7m | 1.8m | 994,369 | 951,317 | 1.1m | 1.1m | 549,232 | |
22/27 |
1.6m | 1.7m | 1.8m | 994,369 | 951,317 | 1.1m | 1.1m | 549,232 | |
23 |
1.3m | 1.4m | 671,911 | 766,054 | 557,675 | 604,781 | 467,808 | 113,543 | |
24 |
4,145 | 9,126 | 16,045 | 24,874 | 25,421 | 15,914 | 17,240 | 5,838 | |
25 |
- | - | 5,609 | 84,230 | - | - | - | - | |
26 |
236,594 | 279,603 | 313,828 | 119,211 | 141,650 | 151,829 | 137,930 | 147,483 | |
27 |
51,875 | - | 764,980 | - | - | - | - | - | |
29/58 |
124,082 | 289,945 | 1.4m | 461,154 | 588,690 | 432,352 | 491,162 | 252,989 | |
3 |
52,767 | 88,946 | 119,065 | 121,251 | 200,696 | 146,753 | 152,565 | 67,168 | |
30/36 |
52,767 | 88,946 | 119,065 | 121,251 | 200,696 | 146,753 | 152,565 | 67,168 | |
30/31 |
52,767 | 88,946 | 119,065 | 121,251 | - | - | - | - | |
40/41 |
71,315 | 196,545 | 1.2m | 134,297 | 167,448 | 143,943 | 221,318 | 116,116 | |
40 |
44,415 | 60,156 | 92,047 | 126,339 | 167,388 | 119,070 | 180,809 | 115,405 | |
41 |
26,900 | 136,389 | 1.2m | 7,958 | 60 | 24,874 | 40,509 | 711 | |
54/58 |
- | - | - | 205,606 | 216,805 | 141,656 | 117,279 | 69,706 | |
490/1 |
- | 4,454 | - | - | 3,742 | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
1.7m | 2.0m | 3.1m | 1.5m | 1.5m | 1.6m | 1.6m | 802,221 | |
10/15 |
332,427 | 606,116 | 700,774 | 641,972 | 513,101 | 298,968 | 232,821 | 178,485 | |
10/11 |
125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | |
10 |
125,000 | 125,000 | 125,000 | 125,000 | - | - | - | - | |
100 |
125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | 125,000 | |
13 |
12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | |
130/1 |
12,500 | 12,500 | 12,500 | 12,500 | 12,500 | - | - | - | |
130 |
12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | |
14 |
194,927 | 468,616 | 563,274 | 504,472 | 375,601 | 161,468 | 95,321 | 40,985 | |
16 |
17,160 | - | - | - | - | - | - | - | |
160/5 |
17,160 | - | - | - | - | - | - | - | |
164/5 |
17,160 | - | - | - | - | - | - | - | |
17/49 |
1.3m | 1.4m | 2.4m | 813,551 | 1.0m | 1.3m | 1.4m | 623,736 | |
17 |
- | 3,656 | 60,703 | 465,857 | 675,508 | 893,878 | 789,670 | 378,558 | |
170/4 |
- | 3,656 | 60,703 | 465,857 | 675,508 | 893,878 | 789,670 | 378,558 | |
172 |
- | 3,656 | 60,703 | 163,939 | - | - | - | - | |
173 |
- | - | - | 301,918 | - | - | - | - | |
42/48 |
1.3m | 1.4m | 2.4m | 347,694 | 351,398 | 380,942 | 602,898 | 245,178 | |
42 |
- | 57,047 | 2.1m | 205,322 | 213,828 | 211,026 | 160,391 | 77,620 | |
43 |
- | - | - | - | 16,706 | 29,213 | - | - | |
430/8 |
- | - | - | - | 16,706 | 29,213 | - | - | |
44 |
168,827 | 78,321 | 236,386 | 105,978 | 70,914 | 134,601 | 413,371 | 120,030 | |
440/4 |
168,827 | 78,321 | 236,386 | 105,978 | 70,914 | 134,601 | 413,371 | 120,030 | |
45 |
24,100 | 23,489 | 38,057 | 36,394 | 49,950 | 6,101 | 29,137 | 47,527 | |
450/3 |
- | 17,163 | 14,449 | 28,232 | 46,153 | 6,101 | 24,715 | 45,262 | |
454/9 |
24,100 | 6,326 | 23,608 | 8,162 | 3,797 | - | 4,422 | 2,266 | |
47/48 |
1.1m | 1.2m | - | - | - | - | - | - | |
492/3 |
3,773 | 4,689 | - | - | - | - | - | - | |
| Income statement | |||||||||
70/76A |
1.1m | 1.1m | 1.4m | 1.4m | - | - | - | - | |
70 |
1.1m | 1.1m | 1.4m | 1.4m | - | - | - | - | |
74 |
1,657 | 6,323 | 2,838 | 3,518 | - | - | - | - | |
76A |
- | - | 4,956 | - | - | - | - | - | |
9900 |
- | - | - | - | 848,483 | 453,587 | 328,251 | 268,056 | |
60/66A |
1.3m | 1.2m | 1.3m | 1.2m | - | - | - | - | |
60 |
163,603 | 188,714 | 189,676 | 271,162 | - | - | - | - | |
600/8 |
155,145 | 176,412 | 187,490 | 217,516 | - | - | - | - | |
609 |
8,458 | 12,302 | 2,186 | 53,646 | - | - | - | - | |
61 |
512,387 | 509,314 | 530,809 | 301,911 | - | - | - | - | |
62 |
352,418 | 303,355 | 349,372 | 333,737 | 272,784 | 95,101 | 51,885 | 35,977 | |
630 |
249,199 | 182,048 | 230,540 | 286,764 | 250,038 | 234,703 | 179,542 | 101,365 | |
631/4 |
27,722 | 17,816 | 136 | 25,799 | - | -2,364 | 3,134 | - | |
635/8 |
17,160 | - | - | - | - | - | - | - | |
640/8 |
- | - | 75 | 13,188 | 114 | 8,058 | 1,020 | 32,500 | |
66A |
- | - | 14,911 | 1,133 | 25,174 | 17,969 | 1,619 | - | |
9901 |
-220,988 | -53,870 | 104,652 | 199,737 | 300,372 | 100,120 | 91,050 | 98,213 | |
75/76B |
- | 2,255 | 9 | - | 0 | 18 | 0 | - | |
75 |
- | 2,255 | 9 | - | 0 | 18 | 0 | - | |
751 |
- | 2,255 | - | - | - | - | - | - | |
752/9 |
- | - | 9 | - | - | - | - | - | |
65/66B |
52,701 | 41,880 | 41,770 | 10,865 | 14,030 | 16,457 | 12,611 | 16,533 | |
65 |
52,701 | 41,880 | 41,770 | 10,865 | 14,030 | 16,457 | 12,611 | 16,533 | |
650 |
52,024 | 41,504 | 41,710 | 10,838 | - | - | - | - | |
652/9 |
677 | 376 | 60 | 27 | - | - | - | - | |
9903 |
-273,689 | -93,495 | 62,891 | 188,872 | 286,342 | 83,682 | 78,439 | 81,680 | |
67/77 |
- | 1,163 | 4,089 | 60,000 | 72,209 | 17,535 | 24,102 | 28,196 | |
670/3 |
- | 1,163 | 16,000 | 60,000 | - | - | - | - | |
77 |
- | - | 11,911 | - | - | - | - | - | |
9904 |
-273,689 | -94,658 | 58,802 | 128,872 | 214,133 | 66,146 | 54,336 | 53,485 | |
9905 |
-273,689 | -94,658 | 58,802 | 128,872 | 214,133 | 66,146 | 54,336 | 53,485 | |
| Appropriation of the result | |||||||||
9906 |
194,927 | 468,616 | 563,274 | 504,473 | 375,601 | 161,468 | 95,321 | 53,485 | |
14P |
468,616 | 563,274 | 504,472 | 375,601 | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | 12,500 | |
6920 |
- | - | - | - | - | - | - | 12,500 | |
| Social balance sheet | |||||||||
9087 |
5.8 | 5.9 | 6.3 | 6.8 | 6.3 | 1.7 | 1.3 | 0.4 | |
Men (FTE)1003 |
5.8 | 5.9 | 6.3 | - | - | - | - | - | |
Agency workers1501 |
0.1 | 1.6 | - | - | - | - | - | - | |
Hours worked1013 |
9,531 | 10,367 | 11,119 | - | 11,451 | 2,909 | 2,137 | 811 | |
| Document | |||||||||
The notes to these accounts have 40 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 18-06-2025.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | full format | 18-06-2025 | 2025-00155857 | |
| 31-12-2023 | full format | 08-08-2024 | 2024-00344870 | |
| 31-12-2022 | full format | 27-07-2023 | 2023-00297018 | |
| 31-12-2021 | full format | 04-11-2022 | 2022-20517643 | |
| 31-12-2020 | abbreviated format | 10-02-2021 | 2021-05200085 | |
| 31-12-2019 | abbreviated format | 10-07-2020 | 2020-28700283 | |
| 31-12-2018 | abbreviated format | 01-07-2019 | 2019-25900517 | |
| 31-12-2017 | abbreviated format | 02-08-2018 | 2018-43000253 |
| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| 28,211 | 128,178 | 335,192 | 486,501 | 550,411 | 334,823 | 270,592 | 199,579 | ||
| -24,490 | 87,390 | 289,342 | 415,636 | 464,171 | 300,850 | 233,879 | 154,850 | ||
| 81,167 | 131,897 | 1.0m | 329,818 | 59,920 | 241,911 | 764,538 | 650,597 | ||
| - | - | - | -11,199 | 75,149 | 24,377 | 47,573 | - | ||
| -1.2m | -1.1m | -1.0m | 113,460 | 237,292 | 51,411 | -111,736 | 7,811 | ||
| -20.1% | -4.7% | 7.4% | 14.0% | - | - | - | - | ||
| 19.8% | 30.1% | 22.3% | 44.1% | 33.3% | 19.0% | 14.3% | 22.2% | ||
| 0.09 | 0.21 | 0.57 | 1.33 | 1.68 | 1.13 | 0.81 | 1.03 | ||
| 0.05 | 0.14 | 0.52 | 0.98 | 1.10 | 0.75 | 0.56 | 0.76 | ||
| 3.99 | 2.32 | 3.48 | 1.27 | 2.00 | 4.26 | 5.98 | 3.49 | ||
| -82.3% | -15.6% | 8.4% | 20.1% | 41.7% | 22.1% | 23.3% | 30.0% | ||
| -16.3% | -4.7% | 1.9% | 8.9% | 13.9% | 4.2% | 3.3% | 6.7% | ||
| 0.54 | 3.09 | 8.04 | 44.89 | - | - | - | - | ||
| 15 days | 19 days | 24 days | 32 days | - | - | - | - | ||
| 91 days | 41 days | 120 days | 67 days | - | - | - | - |
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 | 31-12-2024 | 31-12-2023 | 31-12-2022 |
|---|---|---|---|
| Employees at the balance-sheet date | 6 | 6 | 6 |
| full-time | 5 | 5 | 6 |
| part-time | 1 | 1 | - |
| in full-time equivalents | 5.8 | 5.8 | 6 |
| 5.8 | 5.9 | 6.3 | |
| On a permanent contract | 6 | 6 | 6 |
| Joined | - | 1 | 1 |
| Left | - | 1 | 1 |
| Agency workers, average number | 0.1 | 1.6 | - |
| Training hours | 20 | 2 | 35 |
Source: social balance sheet in the 2022 to 2024 annual accounts
| Item | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible fixed assets | €81,167 | €131,897 | €1.0m | €329,818 |
| €249,199 | €182,048 | €230,540 | €286,764 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
The auditor is DELOITTE Bedrijfsrevisoren BV.
| Item | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Fee for the audit | €7,060 | €7,060 | €6,379 | €6,531 |
Source: notes to the 2021 to 2024 annual accounts (relations with the auditor)
The operating result for 2024 is a loss of €220,988, larger than the loss of €53,870 in 2023. It is the lowest result since 2017.
Debt's share of the balance-sheet total rises from 69.9% to 79.2%. Equity and debt are lower.
Source: parent in its own accounts, lists of holdings in the owners' accounts
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
TECHNO COATING is no longer in the KBO register. PAS took it over in a merger by absorption, published in the Belgian Official Gazette on 27 January 2026.
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