TECHNO DESIGN
ActiveSummary
TECHNO DESIGN has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €240,794 and a net result of -€47,290. Equity is shrinking by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 18606 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity ample (current ratio 12.04 against 13.3 in 2024; short-term debt: 5.4% and cash: 37.1% of total assets), and 5.5% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€47,290
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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
26 d late
2024
27 d late
2023
26 d late
2022
31 d late
2021
29 d late
2020
31 d late
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 28 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€240,794▼ 16.9%
2024 · €289,750
Total assets
€254,739▼ 16.6%
2024 · €305,496
Net result
-€47,290▲ 16.0%
2024 · -€56,277
Working capital
€153,033▼ 17.5%
2024 · €185,410
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€12,033▼ 53.7%-€39,673-€39,354▲ 0.8%-€56,623▼ 43.9%-€48,132▲ 15.0%
Net result€4,658within the sector's middle half▼ 70.3%-€38,727below the sector's middle half-€38,566below the sector's middle half▲ 0.4%-€56,277below the sector's middle half▼ 45.9%-€47,290below the sector's middle half▲ 16.0%
Equity€447,640above the sector's middle half▲ 0.7%€405,713above the sector's middle half▼ 9.4%€347,745above the sector's middle half▼ 14.3%€289,750above the sector's middle half▼ 16.7%€240,794above the sector's middle half▼ 16.9%
Total assets€489,500above the sector's middle half▼ 0.7%€424,739above the sector's middle half▼ 13.2%€361,100above the sector's middle half▼ 15.0%€305,496within the sector's middle half▼ 15.4%€254,739within the sector's middle half▼ 16.6%
Debt€41,860▼ 13.2%€19,025▼ 54.6%€13,355▼ 29.8%€15,746▲ 17.9%€13,946▼ 11.4%
Working capital€306,715above the sector's middle half▲ 2.0%€276,418above the sector's middle half▼ 9.9%€215,980above the sector's middle half▼ 21.9%€185,410above the sector's middle half▼ 14.2%€153,033above the sector's middle half▼ 17.5%
Solvency91.4%above the sector's middle half▲ 1.2pp95.5%above the sector's middle half▲ 4.1pp96.3%above the sector's middle half▲ 0.8pp94.8%above the sector's middle half▼ 1.5pp94.5%above the sector's middle half▼ 0.3pp
Current ratio8.74above the sector's middle half▼ 1.4915.66above the sector's middle half▲ 6.9220.66above the sector's middle half▲ 5.0013.30above the sector's middle half▼ 7.3612.04above the sector's middle half▼ 1.27
Return on assets (ROA)1.0%within the sector's middle half▼ 2.2pp-9.1%below the sector's middle half▼ 10.1pp-10.7%below the sector's middle half▼ 1.6pp-18.4%below the sector's middle half▼ 7.7pp-18.6%below the sector's middle half▼ 0.1pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €48,132 in 2025 against €56,623 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €254,739
Fixed assets
€87,843 ▼ 16.4%
Current assets
€166,897 ▼ 16.8%
Equity and liabilities €254,739
Equity
€240,794 ▼ 16.9%
Debt
€13,946 ▼ 11.4%
Debt's share of the balance-sheet total rises from 5.2% to 5.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€32,459▼
2024 · -€27,502
Cash flow
-€31,617▼
2024 · -€27,156
Quick ratio
11.96▼
2024 · 12.84
Debt to equity
0.06▲
2024 · 0.05
ROE
-19.6%▼
2024 · -19.4%
Interest coverage
-50.17▼
2024 · -34.96
Debt ≤ 1 year
€13,864▼
2024 · €15,070
Income taxes
€144▲
2024 · €138
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,836 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.5%
went bankrupt
13%
stopped otherwise
84%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 5,836 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €0 | - | - | - | €320 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,564 | €21,904 | €23,477 | €29,121 | €15,673 | ▼ 46.2% |
| Other operating charges640/8 | €1,163 | €985 | €922 | €1,084 | €782 | ▼ 27.8% |
| Gross operating margin9900 | €34,760 | -€16,784 | -€14,955 | -€26,418 | -€31,677 | ▼ 19.9% |
| Operating profit (loss)9901 | €12,033 | -€39,673 | -€39,354 | -€56,623 | -€48,132 | ▲ 15.0% |
| Financial income75/76B | €1,607 | €1,493 | €1,393 | €1,271 | €1,633 | ▲ 28.5% |
| Recurring financial income75 | €1,607 | €1,493 | €1,393 | €1,271 | €1,633 | ▲ 28.5% |
| Financial charges65/66B | €454 | €404 | €466 | €787 | €647 | ▼ 17.8% |
| Recurring financial charges65 | €454 | €404 | €466 | €787 | €647 | ▼ 17.8% |
| Profit (loss) for the period before taxes9903 | €13,186 | -€38,583 | -€38,427 | -€56,139 | -€47,146 | ▲ 16.0% |
| Income taxes67/77 | €8,528 | €143 | €139 | €138 | €144 | ▲ 4.1% |
| Profit (loss) for the period9904 | €4,658 | -€38,727 | -€38,566 | -€56,277 | -€47,290 | ▲ 16.0% |
| Profit (loss) for the period to be appropriated9905 | €4,658 | -€38,727 | -€38,566 | -€56,277 | -€47,290 | ▲ 16.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €489,500 | €424,739 | €361,100 | €305,496 | €254,739 | ▼ 16.6% |
| Fixed assets21/28 | €143,177 | €129,467 | €134,137 | €105,016 | €87,843 | ▼ 16.4% |
| Tangible fixed assets22/27 | €143,177 | €129,467 | €132,637 | €103,516 | €87,843 | ▼ 15.1% |
| Land and buildings22 | €90,343 | €87,986 | €106,893 | €94,255 | €83,314 | ▼ 11.6% |
| Plant, machinery and equipment23 | - | €4,043 | €3,604 | €3,166 | €2,727 | ▼ 13.9% |
| Furniture and vehicles24 | €52,834 | €37,437 | €20,840 | €4,795 | €502 | ▼ 89.5% |
| Other tangible fixed assets26 | - | - | €1,300 | €1,300 | €1,300 | = |
| Financial fixed assets28 | - | - | €1,500 | €1,500 | €0 | ▼ 100% |
| Current assets29/58 | €346,323 | €295,272 | €226,963 | €200,480 | €166,897 | ▼ 16.8% |
| Amounts receivable after more than one year29 | €48,000 | €42,000 | €36,000 | €30,000 | €24,000 | ▼ 20.0% |
| Other amounts receivable291 | €48,000 | €42,000 | €36,000 | €30,000 | €24,000 | ▼ 20.0% |
| Stocks and contracts in progress3 | - | €3,988 | €5,661 | €7,008 | €1,069 | ▼ 84.7% |
| Stocks30/36 | - | €3,988 | €5,661 | €7,008 | €1,069 | ▼ 84.7% |
| Amounts receivable within one year40/41 | €63,319 | €55,103 | €51,109 | €45,126 | €43,605 | ▼ 3.4% |
| Trade receivables40 | €14,875 | €5,232 | €5,211 | €0 | €902 | - |
| Other amounts receivable41 | €48,444 | €49,871 | €45,897 | €45,126 | €42,703 | ▼ 5.4% |
| Current investments50/53 | €190,000 | €165,000 | €125,000 | €110,000 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €43,156 | €25,756 | €7,789 | €6,883 | €94,633 | ▲ 1,275% |
| Deferred charges and accrued income490/1 | €1,848 | €3,425 | €1,405 | €1,463 | €3,589 | ▲ 145% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €489,500 | €424,739 | €361,100 | €305,496 | €254,739 | ▼ 16.6% |
| Equity10/15 | €447,640 | €405,713 | €347,745 | €289,750 | €240,794 | ▼ 16.9% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €427,640 | €385,713 | €327,745 | €269,750 | €220,794 | ▼ 18.1% |
| Non-distributable reserves130/1 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Tax-exempt reserves132 | €557 | €557 | €557 | €557 | €557 | = |
| Distributable reserves133 | €425,083 | €383,156 | €325,188 | €267,193 | €218,237 | ▼ 18.3% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €41,860 | €19,025 | €13,355 | €15,746 | €13,946 | ▼ 11.4% |
| Amounts payable after more than one year17 | €2,252 | €0 | - | - | - | - |
| Financial debts170/4 | €2,252 | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €39,608 | €18,854 | €10,983 | €15,070 | €13,864 | ▼ 8.0% |
| Current portion of amounts payable after more than one year42 | €13,439 | €2,252 | €0 | - | - | - |
| Trade debts44 | €12,970 | €6,763 | €229 | €3,807 | €1,848 | ▼ 51.4% |
| Suppliers440/4 | €12,970 | €6,763 | €229 | €3,807 | €1,848 | ▼ 51.4% |
| Taxes, remuneration and social security45 | €7,541 | €1,174 | €1,296 | €704 | €694 | ▼ 1.5% |
| Taxes450/3 | €6,844 | €1,174 | €1,296 | €689 | €694 | ▲ 0.7% |
| Remuneration and social security454/9 | €696 | €0 | - | €15 | €0 | ▼ 100% |
| Other amounts payable47/48 | €5,659 | €8,664 | €9,458 | €10,559 | €11,322 | ▲ 7.2% |
| Accrued charges and deferred income492/3 | - | €171 | €2,372 | €677 | €82 | ▼ 87.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,658 | -€38,727 | -€38,566 | -€56,277 | -€47,290 | ▲ 16.0% |
| + Depreciation and write-downs630 | €21,564 | €21,904 | €23,477 | €29,121 | €15,673 | ▼ 46.2% |
| Operating cash flow (approximation) | €26,222 | -€16,823 | -€15,089 | -€27,156 | -€31,617 | ▼ 16.4% |
| Investment in fixed assets (approximation) | - | -€8,193 | -€28,147 | €0 | €1,500 | - |
| Change in cash | - | -€17,400 | -€17,967 | -€906 | €87,750 | ▲ 9,789% |
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
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €15,668
Net result €15,668 after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
31-12
Financial
Weakest financial yearnet -€250,767
Net result drops to -€250,767, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 8current ratio 30.44
Current ratio from 3.67 to 30.44; short-term debt falls from €72,215 to €10,840.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Izegem · 2 establishment units since 2002
Ground area
2,316 m²
Building footprint
839 m²
Volume, LiDAR
5,207 m³
2 parcels, Flanders · tallest building 14.1 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
TECHNO DESIGN
since 20022.101.662.079
Ooststraat 81, 8800 Roeselare
since 20252.370.044.550
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36015A0229/00S000 | Flanders | 1,470 m² | 1 · 707 m² | 14.1 m · 1 fl. |
| 36009B0806/00F000 | Flanders | 846 m² | 1 · 132 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 765 companies in sector 47552 we hold annual accounts for 444. 369 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded24-12-2001
Fiscal year end31-12
Activities, NACEBEL 2025
47552Retail sale of lighting equipment
43211General electrical installation work
47690Retail sale of other cultural and recreation goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0476421042
Also
9925:BE0476421042
Registered
05-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.