TECHNOCITY

Inactive KBO/BCE: BE 0849.674.864

TECHNOCITY

Follow Report

Overview

Lifetime

8 annual accounts with figures on one time axis

Gross marginpeak €77,448 (2014)

€67,201▲ 97.4%

Resultlowest -€17,162 (2020)

€30,462▲ €47,624

Equitypeak €82,871 (2021)

€82,871▲ 58.1%

Debts

€65,446▼ 25.3%

Staffpeak 2 FTE (2021)

2 FTE▲ 53.8%

Documentsfilings and deeds

20-01-202211 days before the deadline

2021micro format

Gross margin from €34,043 to €67,201Back to profit: €30,462Staff from 1.3 FTE to 2 FTEEquity from €52,409 to €82,871Debts from €87,634 to €65,446Cash from €8,246 to €18,698

Key points

from the 2021 annual accounts, the last ones filed

Liquidity

2.59 was 1.72 in 2020

Short-term debts fell from €65,515 to €50,419.

Filings

8 annual accounts since 2014

The last five annual accounts were filed 0 to 15 days before the end of the period.

No score

Recent changes

30-01-2026

Bankruptcy closure (by liquidation) French-language Enterprise Court of Brussels · judgment of 20-01-2026 · Bankruptcy

08-11-2024

Address struck effective 11-09-2024 · KBO administration

23-01-2024

Bankruptcy published French-language Enterprise Court of Brussels · judgment of 15-01-2024 · Bankruptcy

04-01-2023

Registered office moved within Brussels New registered office: 14, rue de Grand-Bigard 1082 Bruxelles · Previous registered office: Rue du Paruck 39, 1080 Bruxelles · General meeting of 11-10-2022 · Gazette deed

All 15 events

Official details

Source: KBO

Status: Inactivedeed of incorporation of 26-10-2012 · bankruptcy closed on 20-01-2026
Activity: No activity registered in the KBO
Financial year end: 30 June
Peppol: Not found in the Peppol Directory

Company details

Annual accounts to 30-06-2021

Gross margin: €67,201▲ 97.4%
Turnover: ≈ €200,000estimated
Profit: €30,462
Equity: €82,871▲ 58.1%
Total assets: €148,317▲ 5.9%
Staff: 2 FTE▲ 53.8%
Filing: Filed on 20-01-2022

Financials

Insights on TECHNOCITY

On 15 January 2024 the court declared TECHNOCITY bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2021

micro format, filed on 20-01-2022, 11 days before the deadline

Gross margin

€67,201

▲ 97.4%

Operating result

€37,161

▲ €50,414

Profit

€30,462

▲ €47,624

Working capital

€80,412

▲ 71.1%

Solvency

55.9%

▲ 18.5 percentage points

Current ratio

2.59

▲ 0.88

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €200,000. Estimated: probably between €130,000 and €350,000.

Balance sheet

balance sheet total €148,317 on 30-06-2021

What the company ownsHow it is paid for

Change in equityin euro

Change in cashin euro

Staff

Staff cost per FTE€5,254

Staff costs divided by the average number of full-time equivalents.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2021	2020	2019	2018	2017	2016	2015	2014
Balance sheet: assets
Total assets`20/58`	148,317	140,043	155,612	143,443	171,913	158,712	135,846	81,887
Fixed assets`21/28`	17,486	27,540	42,960	31,983	25,238	38,569	30,952	17,618
Tangible fixed assets`22/27`	16,586	26,640	42,060	31,083	24,338	38,569	30,952	17,618
Plant, machinery and equipment`23`	482	964	2,492	5,463	2,626	3,337	196	1,043
Other tangible fixed assets`26`	-	-	721	1,442	-	-	-	-
Financial fixed assets`28`	900	900	900	900	900	-	-	-
Current assets`29/58`	130,831	112,503	112,652	111,460	146,675	120,143	104,894	64,269
Amounts receivable within one year`40/41`	110,258	102,644	108,334	107,172	120,785	107,382	97,302	61,734
Trade receivables`40`	45,995	42,355	54,459	54,276	60,879	45,317	43,530	28,553
Other amounts receivable`41`	64,263	60,289	53,874	52,896	59,906	62,065	53,772	33,181
Cash at bank and in hand`54/58`	18,698	8,246	3,346	3,297	24,666	10,942	7,542	2,505
Deferred charges and accrued income`490/1`	1,875	1,614	972	990	1,224	1,818	50	30
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	148,317	140,043	155,612	143,443	171,913	158,712	135,846	81,887
Equity`10/15`	82,871	52,409	69,572	61,166	56,035	44,201	31,841	30,595
Contributions`10/11`	9,200	-	9,200	8,700	8,700	8,700	6,200	6,200
Issued capital`100`	-	-	18,600	18,600	18,600	18,600	18,600	18,600
Uncalled capital`101`	-	-	9,400	9,900	9,900	9,900	12,400	12,400
Contributions outside capital`11`	9,200	9,200	-	-	-	-	-	-
Share premium`1100/10`	-	9,200	-	-	-	-	-	-
Other`1109/19`	9,200	-	-	-	-	-	-	-
Reserves`13`	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
Non-distributable reserves`130/1`	1,860	1,860	-	-	-	-	-	-
Legal reserve`130`	-	-	1,860	1,860	1,860	1,860	1,860	1,860
Reserves not available under the articles`1311`	1,860	-	-	-	-	-	-	-
Other`1319`	-	1,860	-	-	-	-	-	-
Profit (loss) carried forward`14`	71,811	41,349	58,512	50,606	45,475	33,641	23,781	22,535
Provisions and deferred taxes`16`	-	-	-	-	20,439	-	-	10,422
Provisions for liabilities and charges`160/5`	-	-	-	-	20,439	-	-	10,422
Major repairs and maintenance`162`	-	-	-	-	20,439	-	-	-
Amounts payable`17/49`	65,446	87,634	86,041	82,277	95,440	114,511	104,006	40,870
Amounts payable after more than one year`17`	13,764	22,119	34,222	19,801	24,008	35,530	30,313	16,247
Financial debts`170/4`	13,764	22,119	34,222	19,801	24,008	35,530	30,313	16,247
Amounts payable within one year`42/48`	50,419	65,515	51,819	62,476	71,431	78,981	73,692	24,623
Current portion of amounts payable after more than one year`42`	8,356	12,103	11,743	15,576	11,521	10,759	7,375	3,260
Financial debts`43`	5,127	5,007	4,169	-	-	-	-	-
Credit institutions`430/8`	5,127	5,007	4,169	-	-	-	-	-
Trade debts`44`	9,286	20,696	11,368	28,700	32,340	54,039	52,720	2,987
Suppliers`440/4`	9,286	20,696	11,368	28,700	32,340	54,039	52,720	2,987
Taxes, remuneration and social security`45`	27,651	27,709	24,539	18,201	15,570	14,183	13,597	18,376
Taxes`450/3`	16,229	15,325	7,492	5,689	6,130	14,183	8,077	10,576
Remuneration and social security`454/9`	11,423	12,384	17,047	12,512	9,440	-	5,520	7,800
Other amounts payable`47/48`	-	-	-	-	12,000	-	-	-
Accrued charges and deferred income`492/3`	1,263	-	-	-	-	-	-	-
Income statement
Gross operating margin`9900`	67,201	34,043	62,069	19,329	68,127	34,636	3,498	77,448
Remuneration, social security and pensions`62`	10,508	25,785	25,301	10,391	-	-	1,498	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	10,054	16,866	18,084	18,093	15,666	15,384	10,767	15,106
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	-	-	-	-	-	8,479
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	-	-	-	-20,439	20,439	-	-10,422	10,422
Other operating charges`640/8`	9,479	4,645	6,158	3,566	4,527	4,761	1,273	4,930
Operating profit (loss)`9901`	37,161	-13,253	12,526	7,718	27,495	14,491	383	38,511
Financial income`75/76B`	6,044	4,803	4,447	4,625	5,381	4,485	3,777	1,414
Recurring financial income`75`	6,044	4,803	4,447	4,625	5,381	4,485	3,777	1,414
Financial charges`65/66B`	2,214	8,339	6,229	2,731	3,014	4,313	2,430	5,380
Recurring financial charges`65`	2,214	8,339	6,229	2,731	3,014	4,313	2,430	5,380
Profit (loss) for the period before taxes`9903`	40,991	-16,788	10,745	9,611	29,861	14,663	1,730	34,546
Income taxes`67/77`	10,529	374	2,839	4,480	6,027	4,803	484	10,151
Profit (loss) for the period`9904`	30,462	-17,162	7,906	5,131	23,833	9,860	1,246	24,395
Profit (loss) for the period to be appropriated`9905`	30,462	-17,162	7,906	5,131	23,833	9,860	1,246	24,395
Appropriation of the result
Profit (loss) to be appropriated`9906`	71,811	41,349	58,512	50,606	57,475	33,641	23,781	24,395
Transfer to equity`691/2`	-	-	-	-	-	-	-	1,860
To the legal reserve`6920`	-	-	-	-	-	-	-	1,860
Profit to be distributed`694/7`	-	-	-	-	12,000	-	-	-
Directors or managers`695`	-	-	-	-	12,000	-	-	-
Social balance sheet
Average staff (FTE)`9087`	2	1.3	1	0.4	-	-	-	-
Hours worked`1013`	638	1,565	-	-	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Source: Annual accounts 2021 (PDF), filed on 20-01-2022.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
30-06-2021	micro format	20-01-2022	2022-01600333	PDF
30-06-2020	micro format	28-01-2021	2021-02100059	PDF
30-06-2019	micro format	31-01-2020	2020-03900263	PDF
30-06-2018	micro format	16-01-2019	2019-01400120	PDF
30-06-2017	micro format	16-01-2018	2018-01300114	PDF
30-06-2016	full format	27-12-2016	2016-72000051	PDF
30-06-2015	full format	31-12-2015	2015-71200158	PDF
30-06-2014	full format	31-12-2014	2014-71400057	PDF

Key figures and ratios

per financial year, computed from the annual accounts

Line	2021	2020	2019	2018	2017	2016	2015	2014
EBITDA	47,215	3,613	30,610	25,811	43,161	29,875	11,149	53,617
Cash flow	40,516	-296	25,990	23,224	39,500	25,244	12,012	39,501
Investment in fixed assets (approximation)	0	1,445	32,660	24,838	2,336	23,001	24,101	34,549
Change in cash	10,452	4,900	49	-21,369	13,724	3,400	5,037	-
Working capital	80,412	46,989	60,833	48,984	75,244	41,162	31,202	39,646
Solvency	55.9%	37.4%	44.7%	42.6%	32.6%	27.8%	23.4%	37.4%
Current ratio	2.59	1.72	2.17	1.78	2.05	1.52	1.42	2.61
Debt to equity	0.79	1.67	1.24	1.35	1.70	2.59	3.27	1.34
ROE	36.8%	-32.7%	11.4%	8.4%	42.5%	22.3%	3.9%	79.7%
ROA	20.5%	-12.3%	5.1%	3.6%	13.9%	6.2%	0.9%	29.8%

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.

Insights on TECHNOCITY

The operating result for 2021 is a profit of €37,161, after a loss of €13,253 in 2020. It is the highest result since 2014.

Debt's share of the balance-sheet total falls from 62.6% to 44.1%. Equity is higher and debt is lower.

Board & ownership

Curator

1 mandate

Gautier Pirard

Curator, Rue De Stassart 48C, 1050 Ixelles

from 15-01-2024 to 20-01-2026

Also on 231 other cases

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Capital: €9,200
Source: 2019 annual accounts

Office holders in the KBO →

Timeline

15 events since 2012

Filings

Financial

Insolvency

Address

20122014201620182020202220242026

2026

30-01-2026

Bankruptcy closure (by liquidation) French-language Enterprise Court of Brussels · judgment of 20-01-2026

2024

08-11-2024

Address struck effective 11-09-2024

23-01-2024

Bankruptcy published French-language Enterprise Court of Brussels · judgment of 15-01-2024

2023

04-01-2023

Registered office moved within BrusselsNew registered office: 14, rue de Grand-Bigard 1082 Bruxelles · Previous registered office: Rue du Paruck 39, 1080 Bruxelles · General meeting of 11-10-20222 points ▸

General meeting, 11-10-2022
Registered-office move, 14, rue de Grand-Bigard 1082 Bruxelles

Open the deed in the Belgian Official Gazette

2022

20-01-2022

Annual accounts 2021 filed PDFmicro format · 11 days before the deadline

2021

30-06-2021

Back to profit net €30,462 The net result is €30,462, after one loss-making year.

28-01-2021

Annual accounts 2020 filed PDFmicro format · 3 days before the deadline

2020

30-06-2020

Weakest financial year net -€17,162 The net result drops to -€17,162, the lowest from 2014 to 2021.

31-01-2020

Annual accounts 2019 filed PDFmicro format · on the deadline day

2019

16-01-2019

Annual accounts 2018 filed PDFmicro format · 15 days before the deadline

2018

16-01-2018

Annual accounts 2017 filed PDFmicro format · 15 days before the deadline

2016

27-12-2016

Annual accounts 2016 filed PDFfull format · 35 days before the deadline

2015

31-12-2015

Annual accounts 2015 filed PDFfull format · 31 days before the deadline

2014

31-12-2014

Annual accounts 2014 filed PDFfull format · 31 days before the deadline

2012

26-10-2012

Incorporation PDF5 publications in the Belgian Official Gazette, the last on 04-01-2023

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

In 2023 the registered office moved to Brussels.¹ Total assets went from €155,612 in 2019 to €148,317 in 2021 and headcount from 1 to 2 full-time equivalents.² TECHNOCITY was declared bankrupt on 15 January 2024. The bankruptcy was closed on 20 January 2026.³⁴

Company details

Identity

Enterprise number: 0849.674.864
VAT number: BE 0849.674.864
Status: Inactive
Financial year: ends on 30 June
Peppol: Not found in the Peppol Directory
Name: TECHNOCITY

Registered office and establishments

1 former office

Rue du Paruck 39, 1080 Bruxelles until the deed of 04-01-2023

Inactive

TECHNOCITY is no longer in the KBO register.

Last annual accounts: financial year to 30 June 2021
Last registered office: Rue Du Paruck 39, 1080 Molenbeek-Saint-Jeanas published on 4 January 2023
First annual accounts: financial year 2014

Official KBO record