TECHNO - HIGH - TECHNOLOGY
ActiveFinancials · financial year 2025, full format
Annual accounts 2025 filed on 30-06-2026 at the NBB all 35 filings
Every figure per financial year
The operating result for 2025 is a loss of €455,605, larger than the loss of €444,934 in 2024. It is the lowest result since 2021.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 16 | 20 | 22 | 26 | 23 |
| full-time | 14 | 17 | 19 | 21 | 18 |
| part-time | 2 | 3 | 3 | 5 | 5 |
| in full-time equivalents | 15.4 | 18.9 | 21 | 24.6 | 21.5 |
| Average over the year, in full-time equivalents | 14.8 | 16.7 | 20.6 | 23.1 | 22.6 |
| On a permanent contract | 14 | 17 | 21 | 26 | 23 |
| Joined | 6 | 5 | 4 | 6 | 4 |
| Left | 4 | 1 | 2 | 2 | 7 |
| Agency workers, average number | - | - | - | - | 0.8 |
| Training hours | - | - | 92 | 77 | 72 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Overdue debts
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Overdue social security (RSZ) debts | €34,945 | - | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €890,101 | €340,604 | €287,110 | €253,997 | €68,348 |
| Intangible fixed assets | - | - | €13,750 | €75,742 | €20,267 |
| Financial fixed assets | - | €7,306 | - | - | - |
| Depreciation and write-downs of the year | €266,241 | €239,733 | €185,557 | €169,787 | €180,202 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Auditor
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Fee for the audit | €4,092 | €5,000 | €7,047 | €7,047 | €6,422 |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Subsidies and aid
European Union, budget
2023 · 1 entry · €71,919 in total| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €4.4m | €4.2m | €4.9m | €4.4m | €4.5m | ▲ 1.6% |
| Turnover70 | €3.3m | €4.1m | €4.4m | €4.3m | €4.0m | €4.6m | €4.2m | €4.3m | ▲ 3.0% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | - | €0.1m | €0.2m | €0.3m | €0.06m | -€0.04m | - |
| Other operating income74 | - | - | - | €0.01m | €0.01m | €0.02m | €0.2m | €0.2m | ▲ 30.7% |
| Non-recurring operating income76A | - | - | - | - | €0.01m | €10 | €0.008m | - | - |
| Operating charges60/66A | - | - | - | €3.9m | €4.4m | €4.7m | €4.9m | €5.0m | ▲ 1.7% |
| Goods for resale, raw materials and consumables60 | - | - | - | €1.6m | €1.5m | €1.6m | €1.5m | €1.2m | ▼ 20.1% |
| Purchases600/8 | - | - | - | €1.6m | €1.6m | €1.6m | €1.5m | €1.2m | ▼ 19.5% |
| Change in stocks: decrease (increase)609 | - | - | - | €0.002m | -€0.05m | -€183 | €0.02m | €0.007m | ▼ 64.5% |
| Services and other goods61 | - | - | - | €1.2m | €1.5m | €1.5m | €1.8m | €2.0m | ▲ 13.0% |
| Remuneration, social security and pensions62 | - | - | - | €0.8m | €1.0m | €1.3m | €1.4m | €1.5m | ▲ 3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.2m | €0.2m | €0.2m | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 6.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €360 | €0.08m | €0.08m | -€0.03m | €0.07m | - |
| Other operating charges640/8 | - | - | - | €0.02m | €0.03m | €0.05m | €0.02m | €0.02m | ▲ 8.3% |
| Operating profit (loss)9901 | €0.03m | €0.2m | €0.5m | €0.5m | -€0.2m | €0.2m | -€0.4m | -€0.5m | ▼ 2.4% |
| Financial income75/76B | - | - | - | €30 | €155 | €0.006m | €0.07m | €0.02m | ▼ 75.5% |
| Recurring financial income75 | €109 | €24 | - | €30 | €155 | €0.006m | €0.002m | €0.02m | ▲ 735% |
| Income from current assets751 | - | - | - | - | €57 | €0.006m | €0.002m | - | - |
| Other financial income752/9 | - | - | - | €30 | €98 | €0 | €497 | €0.02m | ▲ 35× |
| Non-recurring financial income76B | - | - | - | - | - | - | €0.07m | - | - |
| Financial charges65/66B | - | - | - | €0.05m | €0.05m | €0.02m | €0.05m | €0.07m | ▲ 47.0% |
| Recurring financial charges65 | €0.04m | €0.04m | €0.04m | €0.04m | €0.02m | €0.02m | €0.05m | €0.07m | ▲ 47.0% |
| Debt charges650 | €0.04m | €0.04m | €0.04m | €0.04m | €0.01m | €0.02m | €0.04m | €0.06m | ▲ 43.2% |
| Other financial charges652/9 | - | - | - | €0.005m | €0.003m | €0.005m | €0.004m | €0.007m | ▲ 87.3% |
| Non-recurring financial charges66B | - | - | - | €0.009m | €0.03m | €0.003m | - | - | - |
| Profit (loss) for the period before taxes9903 | -€0.008m | €0.2m | €0.5m | €0.4m | -€0.2m | €0.2m | -€0.4m | -€0.5m | ▼ 20.2% |
| Income taxes67/77 | €0.002m | €0.06m | €0.1m | €0.1m | €0.001m | €0.002m | €0.002m | €0.002m | ▼ 11.3% |
| Taxes670/3 | - | - | - | €0.1m | €0.001m | €0.002m | €0.002m | €0.002m | ▼ 11.3% |
| Profit (loss) for the period9904 | -€0.009m | €0.1m | €0.3m | €0.3m | -€0.2m | €0.2m | -€0.4m | -€0.5m | ▼ 20.1% |
| Profit (loss) for the period to be appropriated9905 | -€0.009m | €0.1m | €0.3m | €0.3m | -€0.2m | €0.2m | -€0.4m | -€0.5m | ▼ 20.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.1m | €2.2m | €2.5m | €3.3m | €3.0m | €3.9m | €3.3m | €3.5m | ▲ 3.9% |
| Fixed assets21/28 | €0.9m | €0.8m | €0.8m | €1.4m | €1.3m | €1.4m | €1.5m | €1.4m | ▼ 6.2% |
| Intangible fixed assets21 | €0.02m | €0.09m | €0.07m | €0.03m | €0.004m | €0.01m | €0.07m | €0.06m | ▼ 19.7% |
| Tangible fixed assets22/27 | €0.7m | €0.6m | €0.5m | €1.2m | €1.3m | €1.4m | €1.4m | €1.3m | ▼ 5.5% |
| Land and buildings22 | - | - | - | €1.0m | €1.2m | €1.2m | €1.2m | €1.1m | ▼ 6.8% |
| Plant, machinery and equipment23 | - | - | - | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | ▼ 0.9% |
| Furniture and vehicles24 | - | - | - | €344 | - | - | - | - | - |
| Assets under construction and advance payments27 | - | - | - | - | - | €0.07m | €0.007m | €0.01m | ▲ 61.0% |
| Financial fixed assets28 | €0.2m | €0.2m | €0.2m | €0.2m | €0.006m | €0.004m | €1 | €1 | = |
| Companies linked by participating interests282/3 | - | - | - | €0.2m | €0.004m | €0.004m | €1 | €1 | = |
| Participating interests282 | - | - | - | €0.2m | €0.004m | €0.004m | €1 | €1 | = |
| Other financial fixed assets284/8 | - | - | - | €0.001m | €0.001m | - | - | - | - |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.001m | €0.001m | - | - | - | - |
| Current assets29/58 | €1.2m | €1.4m | €1.7m | €1.9m | €1.7m | €2.5m | €1.9m | €2.1m | ▲ 11.9% |
| Stocks and contracts in progress3 | €0.2m | €0.2m | €0.2m | €0.3m | €0.6m | €0.8m | €0.9m | €0.7m | ▼ 13.6% |
| Stocks30/36 | - | - | - | €0.3m | €0.6m | €0.8m | €0.9m | €0.7m | ▼ 13.6% |
| Raw materials and consumables30/31 | - | - | - | €0.08m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 7.0% |
| Work in progress32 | - | - | - | €0.2m | €0.4m | €0.5m | €0.6m | €0.4m | ▼ 23.8% |
| Finished goods33 | - | - | - | - | - | €0.2m | €0.2m | €0.2m | ▲ 13.8% |
| Amounts receivable within one year40/41 | €0.9m | €0.9m | €0.8m | €0.9m | €0.7m | €1.3m | €0.9m | €1.1m | ▲ 22.4% |
| Trade receivables40 | - | - | - | €0.7m | €0.6m | €0.9m | €0.6m | €0.8m | ▲ 45.4% |
| Other amounts receivable41 | - | - | - | €0.1m | €0.07m | €0.4m | €0.3m | €0.2m | ▼ 23.4% |
| Cash at bank and in hand54/58 | €0.1m | €0.3m | €0.7m | €0.7m | €0.4m | €0.3m | €0.03m | €0.2m | ▲ 567% |
| Deferred charges and accrued income490/1 | - | - | - | €0.04m | €0.02m | €0.05m | €0.09m | €0.05m | ▼ 46.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.1m | €2.2m | €2.5m | €3.3m | €3.0m | €3.9m | €3.3m | €3.5m | ▲ 3.9% |
| Equity10/15 | €0.5m | €0.7m | €1.0m | €1.3m | €1.1m | €1.3m | €0.9m | €0.4m | ▼ 57.3% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Non-distributable reserves130/1 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Tax-exempt reserves132 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Profit (loss) carried forward14 | €0.4m | €0.5m | €0.9m | €1.2m | €1.0m | €1.2m | €0.7m | €0.2m | ▼ 68.5% |
| Investment grants15 | - | - | - | - | - | €0.03m | €0.03m | €0.03m | = |
| Amounts payable17/49 | €1.6m | €1.6m | €1.5m | €2.0m | €1.9m | €2.6m | €2.5m | €3.1m | ▲ 25.9% |
| Amounts payable after more than one year17 | €0.9m | €0.8m | €0.8m | €1.1m | €0.8m | €0.7m | €0.6m | €0.5m | ▼ 7.5% |
| Financial debts170/4 | - | - | - | €1.1m | €0.8m | €0.7m | €0.6m | €0.5m | ▼ 7.5% |
| Credit institutions173 | - | - | - | €0.4m | €0.3m | €0.1m | €0.04m | - | - |
| Other loans174 | - | - | - | €0.7m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Amounts payable within one year42/48 | €0.6m | €0.8m | €0.7m | €0.9m | €1.1m | €1.6m | €1.6m | €2.4m | ▲ 53.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.2m | €0.2m | €0.2m | €0.08m | €0.04m | ▼ 47.7% |
| Financial debts43 | - | - | - | - | - | €0.6m | €0.6m | €1.4m | ▲ 156% |
| Credit institutions430/8 | - | - | - | - | - | €0.6m | €0.6m | €1.4m | ▲ 156% |
| Trade debts44 | €0.4m | €0.5m | €0.5m | €0.5m | €0.7m | €0.7m | €0.7m | €0.7m | ▼ 2.5% |
| Suppliers440/4 | - | - | - | €0.5m | €0.7m | €0.7m | €0.7m | €0.7m | ▼ 2.5% |
| Advances received on contracts in progress46 | - | - | - | €0.005m | €0.02m | €0.003m | €0.005m | €0.01m | ▲ 117% |
| Taxes, remuneration and social security45 | - | - | - | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | ▲ 5.6% |
| Taxes450/3 | - | - | - | €0.2m | €0.1m | €0.001m | - | €0.04m | - |
| Remuneration and social security454/9 | - | - | - | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | ▼ 16.5% |
| Other amounts payable47/48 | - | - | - | €0.007m | €0.001m | €0.002m | €0.002m | €0.004m | ▲ 139% |
| Accrued charges and deferred income492/3 | - | - | - | €0.003m | €0.001m | €0.4m | €0.3m | €0.1m | ▼ 54.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,470 | €124,548 | €341,777 | €299,734 | -€205,768 | €187,976 | -€421,557 | -€506,355 | ▼ 20.1% |
| + Depreciation and write-downs630 | €244,569 | €239,165 | €234,298 | €266,241 | €239,733 | €185,557 | €169,787 | €180,202 | ▲ 6.1% |
| Operating cash flow (approximation) | €235,099 | €363,712 | €576,075 | €565,975 | €33,965 | €373,533 | -€251,770 | -€326,153 | ▼ 29.5% |
| Investment in fixed assets (approximation) | - | -€204,142 | -€179,917 | -€869,593 | -€157,641 | -€299,706 | -€235,948 | -€88,615 | ▲ 62.4% |
| Change in cash | - | €149,900 | €458,788 | €11,852 | -€309,590 | -€106,700 | -€297,323 | €181,444 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 307 companies had the same profile as TECHNO - HIGH - TECHNOLOGY has now. Two years later, 88.9% were still going and 4.9% had gone bankrupt.
- Small
- 20 years or older
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
Another 1.0% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TECHNO - HIGH - TECHNOLOGY itself: 2.5% within 12 months.
Test of the method
The method was tested on the 497,446 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 307 companies, not a prediction for TECHNO - HIGH - TECHNOLOGY. 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.
Latest 10 of 35 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 30-06-2026 | 2026-00268360 | |
| 31-12-2024 | full format | 12-06-2025 | 2025-00146311 | |
| 31-12-2023 | full format | 23-05-2024 | 2024-00095374 | |
| 31-12-2022 | full format | 18-09-2023 | 2023-00448770 | |
| 31-12-2021 | full format | 17-10-2022 | 2022-20470869 | |
| 31-12-2020 | full format | 02-06-2021 | 2021-17100434 | |
| 31-12-2019 | full format | 10-07-2020 | 2020-29900088 | |
| 31-12-2018 | full format | 14-06-2019 | 2019-18800104 | |
| 31-12-2017 | full format | 21-06-2018 | 2018-21800162 | |
| 31-12-2016 | full format | 14-06-2017 | 2017-17700348 |