TECHNO - CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of TECHNO - CONSTRUCT is 8.8% (elevated). The 2025 annual accounts show negative equity (-€1.8m) and a net result of -€2.5m. Equity is shrinking by ~20.8% per year across the filed fiscal years. The company has been active since 1994 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).
Financials · fiscal year 2025, micro schema
2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years
The operating result turns negative in 2025: a loss of €2.4m after €733,630 in 2024, the lowest result in the available series.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Average staff in full-time equivalents (FTE).
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 6,621 companies that looked in July 2024 the way this one looks now, 4.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 8.8% 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 497,471 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 6,621 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0.01m | - | - | €0.8m | - | - |
| Remuneration, social security and pensions62 | - | - | - | €0.001m | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.02m | €0.02m | €0.001m | €110 | €110 | €110 | €110 | €0.008m | ▲ 6,791% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | - | €2.3m | - |
| Other operating charges640/8 | - | - | - | €0.001m | - | - | €0.02m | €0.06m | ▲ 327% |
| Gross operating margin9900 | €0.2m | €0.04m | €0.04m | €0.08m | -€0.01m | -€0.009m | €0.7m | -€0.01m | ▼ 102% |
| Operating profit (loss)9901 | €0.009m | -€0.05m | -€0.004m | €0.08m | -€0.01m | -€0.009m | €0.7m | -€2.4m | ▼ 424% |
| Financial income75/76B | - | - | - | €0.003m | €0.004m | €0.003m | €0.004m | - | - |
| Recurring financial income75 | €0.005m | €87 | €1 | €0.003m | €0.004m | €0.003m | €0.004m | - | - |
| Financial charges65/66B | - | - | - | €0.04m | €0.05m | €0.08m | €0.1m | €0.07m | ▼ 32.5% |
| Recurring financial charges65 | €0.02m | €0.05m | €0.05m | €0.04m | €0.05m | €0.08m | €0.1m | €0.07m | ▼ 32.5% |
| Profit (loss) for the period before taxes9903 | -€0.008m | -€0.1m | -€0.05m | €0.04m | -€0.06m | -€0.08m | €0.6m | -€2.5m | ▼ 491% |
| Income taxes67/77 | €257 | €254 | €0.006m | €255 | €271 | €284 | €0.1m | €298 | ▼ 99.7% |
| Profit (loss) for the period9904 | -€0.008m | -€0.1m | -€0.06m | €0.04m | -€0.06m | -€0.08m | €0.5m | -€2.5m | ▼ 567% |
| Profit (loss) for the period to be appropriated9905 | -€0.008m | -€0.1m | -€0.06m | €0.04m | -€0.06m | -€0.08m | €0.5m | -€2.5m | ▼ 567% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.1m | €1.3m | €1.8m | €2.0m | €1.9m | €1.9m | €2.4m | €0.08m | ▼ 96.5% |
| Fixed assets21/28 | €0.08m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €442 | €331 | ▼ 25.0% |
| Tangible fixed assets22/27 | €0.08m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €442 | €331 | ▼ 25.0% |
| Land and buildings22 | - | - | - | €0.06m | €0.06m | €0.06m | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €0.001m | €0.001m | €0.001m | €442 | €331 | ▼ 25.0% |
| Furniture and vehicles24 | - | - | - | - | - | - | €0 | €0 | - |
| Financial fixed assets28 | €197 | €197 | €62 | - | - | - | - | - | - |
| Current assets29/58 | €1.1m | €1.3m | €1.8m | €1.9m | €1.9m | €1.9m | €2.4m | €0.08m | ▼ 96.6% |
| Stocks and contracts in progress3 | €0.008m | €0.008m | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €1.1m | €1.3m | €1.8m | €1.9m | €1.9m | €1.9m | €2.4m | €0.08m | ▼ 96.6% |
| Trade receivables40 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | - | - |
| Other amounts receivable41 | - | - | - | €1.8m | €1.8m | €1.8m | €2.4m | €0.08m | ▼ 96.5% |
| Cash at bank and in hand54/58 | €154 | €0.001m | €46 | - | - | - | €10 | €0 | ▼ 100% |
| Deferred charges and accrued income490/1 | - | - | - | €390 | €459 | €465 | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.1m | €1.3m | €1.8m | €2.0m | €1.9m | €1.9m | €2.4m | €0.08m | ▼ 96.5% |
| Equity10/15 | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | €0.08m | €0.6m | -€1.8m | ▼ 405% |
| Contributions10/11 | €0.1m | €0.1m | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.5m | €0.5m | = |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Reserves not available under the articles1311 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Distributable reserves133 | - | - | - | €0.2m | €0.2m | €0.2m | €0.5m | €0.5m | = |
| Profit (loss) carried forward14 | - | -€0.1m | -€0.2m | -€0.1m | -€0.2m | -€0.3m | - | -€2.5m | - |
| Amounts payable17/49 | €0.8m | €1.1m | €1.7m | €1.7m | €1.8m | €1.9m | €1.8m | €1.9m | ▲ 5.3% |
| Amounts payable after more than one year17 | €0.6m | €0.8m | €1.4m | €1.5m | €1.5m | €1.6m | €1.5m | €1.5m | ▲ 5.0% |
| Financial debts170/4 | - | - | - | €1.5m | €1.5m | €1.6m | €1.5m | €1.5m | ▲ 5.0% |
| Amounts payable within one year42/48 | €0.2m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.4m | €0.4m | ▲ 6.8% |
| Financial debts43 | - | - | - | €0.006m | €0.02m | €0.01m | - | €16 | - |
| Credit institutions430/8 | - | - | - | €0.006m | €0.02m | €0.01m | - | €16 | - |
| Trade debts44 | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 4.6% |
| Suppliers440/4 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 4.6% |
| Advances received on contracts in progress46 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Taxes, remuneration and social security45 | - | - | - | €0.001m | €0.001m | €0.001m | €0.1m | €0.1m | ▲ 18.1% |
| Taxes450/3 | - | - | - | €0.001m | €0.001m | €0.001m | €0.1m | €0.1m | ▲ 18.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.008m | -€0.1m | -€0.06m | €0.04m | -€0.06m | -€0.08m | €0.5m | -€2.5m | ▼ 567% |
| + Depreciation and write-downs630 | €0.02m | €0.02m | €0.001m | €110 | €110 | €110 | €110 | €0.008m | ▲ 6,791% |
| Operating cash flow (approximation) | €0.01m | -€0.08m | -€0.05m | €0.04m | -€0.06m | -€0.08m | €0.5m | -€2.4m | ▼ 566% |
| Investment in fixed assets (approximation) | - | -€0.001m | €135 | €62 | €0 | €0 | €0.06m | -€0.007m | ▼ 112% |
| Change in cash | - | €0.001m | -€0.001m | - | - | - | - | -€10 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.