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TECHNOCON

Active Private limited companyfounded 1995active for 30 yearsGroendreef 91, 9880 AalterKBO/BCE: BE 0456.745.977 subsidiary of CORDEEL GROUP#7 employer in Aalter, Professional and technical services sector

Overview

Lifetime

20 annual accounts with figures on one time axis, 30 filings since 1996
peak €1.4m (2020)
€1.0m▼ 1.9%
peak €608,099 (2020)
€13,948▼ 73.1%
peak €523,739 (2025)
€523,739▲ 2.7%
€315,580▲ 0.5%
peak 13.9 FTE (2021)
11.6 FTE▼ 5.7%
Board8 names since 2011
2 directorsDHK PROJECTS and 1 other
Owners2 names in the annual accounts
100%CORDEEL GROUP and 1 other
Documentsfilings and deeds
24-06-202637 days before the deadline
2025abbreviated format
Result from €51,919 to €13,948Appointment: VGD Bedrijfsrevisoren (statutory auditor) 20-031 director appointed, 1 resignation 24-02Investments €30,866Cash from €99,140 to €32,973

Key points

from the 2025 annual accounts

Equity

€523,739 ▲ 2.7%

TECHNOCON has made a profit in every financial year since 2006.

Turnover

≈ €1.7m estimated

The abbreviated format states no turnover.

Investments

€30,866 2.2 × depreciation
2021202220232025

Green is investment, beige is depreciation. Machinery stands 138.6% higher than in 2024.

Filings

30 annual accounts since 1996
AprilJune31 JulyOctober200020102020

Two of the last ten came late. The 2016 accounts came latest: 58 days after the end of the period.

Board

1 joined

New director. Latest change 11-02-2026 · 2 in office.

Position in the sector

€1.0m

Higher gross margin than 89% of companies in architecture and engineering. Sector median €110,687 · 2,551 companies.

Checked score

88
Excellent
Financially stronger than 50% of small companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 689 companies (NACE 71, small).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026highest value 11-2026: 0.2%● unchanged vs 10-2026highest value

Financial strength
Strong

87=equity 62.4% of total assets
38-9short-term debt 37.6% · cash 3.9%
71-6return on assets 1.7%

Score breakdown

raises risk
Size: 11.6 FTE, total assets €839,319
lowers risk
Equity €523,739 (62.4% of total assets)
Founded in 1995
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, small). It does better than 73% of them on solvency, 29% on liquidity, 50% on profitability and 46% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 14,766 companies had the same profile as TECHNOCON has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of TECHNOCON itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 14,766 companies, not a prediction for TECHNOCON. 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.

Credit verdict

Credit of up to €45,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.57 (2.58 in 2024), above the usual 1.5. Short-term debt is 37.6% and cash 3.9% of total assets. 37.6% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Size: 11.6 FTE, total assets €839,319
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €523,739 (62.4% of total assets)
NBB · annual accounts
lowers risk · Founded in 1995
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
37 days early
2024
43 days early
2023
8 days late
2022
31 days early
2021
31 days early
2020
74 days early
2019
87 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 42 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DP
Director, DE HAINAUT Kevin Romain Michel
PC
Director, Philip Goris
VB
Auditor, Bert Loozen
Board & ownership

Recent changes

1 director appointed, 1 resignation Resignation: RE:Build · Permanent representatives: Wim Vriesacker and Philip Goris · Appointment: PG Consulting · General meeting of 11-02-2026 · Gazette deed
Appointment: VGD Bedrijfsrevisoren (statutory auditor) Permanent representative: Bert Loozen · General meeting of 13-12-2024 · Gazette deed
1 director appointed, 1 resignation Resignation: GROES Erik · Appointment: RE:build · Permanent representative: Wim Vriesacker · General meeting of 31-12-2024 · Gazette deed
Change of role: INDUSTRIAL MECHANICAL ENGINEERING, from director to gevolmachtigde die belast wordt met het dagelijks bestuur Permanent representative: Van Nevel Peter · Director discharge: INDUSTRIAL MECHANICAL ENGINEERING · General meeting of 04-03-2024 · Gazette deed
All 42 events

Comparable companies

same main activity, similar in size and age
Company
TECHNOCON Aalter €0.8m €1.0m 62.4% 11.6
INGENIEURSBUREAU BOTEC Wommelgem €0.9m €0.9m 75.8% 8.9
INTERFACE SOFT SERVICE Andenne €0.8m €1.3m 60.1% 10.5
ASSET Ghent €0.8m €0.9m 77.8% 14
ARCH & TECO ASSET MANAGEMENT Ghent €1.1m €1.3m 35.3% 14.2
CONTROL & PROTECTION AUTOMATION Antwerp €0.6m €1.2m -232.1% 12
MK ENGINEERING Ixelles €0.9m €1.2m 39.1% 14.6

These companies have the same main activity as TECHNOCON: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €642,000 and €1.1m, founded between 1985 and 2000.

Official details

Source: KBO
Status
Active since 14-12-1995Normal situation
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 1 other
Joint committee
209White-collar workers in metal manufacturing · annual accounts 2025
Establishment unit
2.074.467.8339880 Aalter, since 28-12-1995
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€1.0m▼ 1.9%
€13,948▼ 73.1%
€523,739▲ 2.7%
€839,319▲ 1.9%
Employeeson 31-12-2025
11▼ 8.3%
Filing
Filed on 24-06-2026, 37 days before the end of the filing period
Financials

Companies linked to TECHNOCON

Parent and group

Insights on TECHNOCON

TECHNOCON files the abbreviated format. That format states no turnover. The gross margin rose from €367,064 in 2006 to €1.0m in 2025.

CORDEEL GROUP holds all the shares.

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

Financials

Annual accounts 2025

abbreviated format, filed on 24-06-2026, 37 days before the deadline
€1.0m
▼ 1.9%
€15,592
▼ 79.7%
€13,948
▼ 73.1%
€494,167
▼ 0.5%
62.4%
▲ 0.5 percentage points
2.57
▼ 0.02

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

Turnover ≈ €1.7m. Estimated: probably between €1.2m and €2.9m.

Balance sheet

balance sheet total €839,319 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

62.4%

Higher than 67% of 2,565 companies in 2025.

2.57

Higher than 66% of 2,521 companies in 2025.

1.7%

Higher than 32% of 2,542 companies in 2025.

TECHNOCON Middle half of the sector 80% of the sector Abbreviated accounts in architecture and engineering (NACE 71)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter · Staff: top quarter

Staff

€81,285

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

-1 person

people who joined people who left

In 2025, nobody joined and 1 person left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 839,319823,912838,260929,756943,3681.3m746,486962,879936,705845,738683,842709,151505,076456,780416,781427,021444,086477,663530,607394,229
21/28 29,57213,04820,50130,59217,36118,85412,78715,72138,92148,91874,71962,5028,43310,7372,3479,01325,91755,25578,82140,732
21 -07342,3974,060---------------
22/27 29,57213,04819,76728,19513,30118,85412,78715,72138,92148,91874,71962,5028,43310,7372,3479,01325,91755,25578,82140,732
23 29,10112,19618,53526,58313,16114,8614,8273,6762,070----------40,732
24 4728521,2321,6121403,9937,96112,04536,85148,91874,71962,5028,43310,7372,3479,01325,91755,25578,821-
29/58 809,747810,864817,759899,163926,0061.3m733,699947,159897,784796,820609,123646,649496,643446,043414,433418,008418,169422,408451,786353,497
40/41 723,549710,044334,453480,181353,901633,365574,145706,617469,166502,817429,411414,213359,465308,885239,746309,017343,631231,490219,932221,227
40 598,549581,848279,745476,904351,072629,858565,769702,691464,219501,952429,226414,028344,943303,707226,332303,615339,448225,808214,948216,054
41 125,000128,19554,7083,2772,8293,5078,3763,9274,94786518518514,5225,17713,4145,4014,1835,6824,9835,173
54/58 32,97399,140476,135410,481554,211586,652144,431231,283424,929290,761178,003232,436137,082137,158174,688108,99274,537190,918231,855132,271
490/1 53,2251,6817,1718,50117,89430,87815,1239,2583,6883,2421,710-96-------
Balance sheet: equity and liabilities
10/49 839,319823,912838,260929,756943,3681.3m746,486962,879936,705845,738683,842709,151505,076456,780416,781427,021444,086477,663530,607394,229
10/15 523,739509,791457,872454,810453,822443,706425,606282,153276,808274,073262,403239,729222,999209,975188,487266,257201,695286,960302,561211,144
10/11 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
100 ------18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
11 ---18,60018,60018,600--------------
1100/10 -----18,600--------------
1109/19 ---18,60018,600---------------
13 490,272490,272439,132435,132435,132424,132406,132263,132243,132243,132243,132220,132203,432188,432168,432243,432182,432262,432282,432192,182
130/1 ---1,8601,8601,860--------------
130 ------1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
1311 ---1,8601,8601,860--------------
132 16,57216,57216,57216,57216,57216,57216,57216,57216,57216,57216,57216,57216,57216,57216,57216,57216,57216,57216,57216,572
133 473,700473,700422,560416,700416,700405,700387,700244,700224,700224,700224,700201,700185,000170,000150,000225,000164,000244,000264,000173,750
14 14,8679191401,0788997387442015,07512,3416709979672,9431,4544,2256635,9271,528362
16 ---------18,75018,75018,75018,75018,75018,75018,75018,75018,75018,75018,750
160/5 ---------18,75018,75018,75018,75018,75018,75018,75018,75018,75018,75018,750
164/5 ---------18,750----------
17/49 315,580314,121380,388474,945489,546826,043320,880680,727659,897552,915402,690450,671263,327228,054209,544142,014223,640171,953209,297164,335
17 ---------7,43426,36727,062----10,78827,70350,02243,340
170/4 ---------7,43426,36727,062----10,78827,70350,02243,340
42/48 315,580314,121380,388474,945489,546826,043320,880680,727659,897537,906368,192417,734258,175223,627205,846139,045210,612142,033157,763119,455
42 --------7,43418,93327,95418,041---10,78816,91522,319--
43 ------------------34,49822,130
430/8 ------------------34,49822,130
44 118,555126,16065,96580,68872,851130,908177,181133,59298,213108,502121,712161,260179,525121,21191,98984,658110,22897,59883,44058,856
440/4 118,555126,16065,96580,68872,851130,908177,181133,59298,213108,502121,712161,260179,525121,21191,98984,658110,22897,59883,44058,856
45 197,026187,96194,423174,257106,694105,135143,69997,13487,804132,99064,46889,04559,86561,15364,48442,35382,62821,56939,82538,469
450/3 90,74380,2414,203100,00224,34038,61479,05434,35325,80969,81317,55525,95323,34425,60324,19114,83037,34711,07011,93011,634
454/9 106,282107,72090,22074,25582,35466,52164,64562,78161,99563,17646,91363,09136,52135,54940,29327,52345,28110,49927,89526,835
47/48 -0220,000220,000310,000590,000-450,000466,446277,481154,059149,38818,78541,26349,3731,247841547--
492/3 ---------7,5758,1305,8755,1524,4273,6982,9692,2412,2171,5111,540
Income statement
9900 1.0m1.0m812,2101.1m1.2m1.4m1.3m1.2m1.1m834,799711,173620,049424,064419,554436,339420,173323,231349,648385,451367,064
62 942,909941,854787,834782,729827,910773,321710,710699,981602,376516,487507,220429,315384,296340,624323,337294,034268,788220,304210,182202,310
630 14,3417,45312,11513,17810,9366,5735,37819,38426,24125,80125,80217,7843,6853,9396,66520,39931,73836,79137,50427,154
631/4 35,083-------------------18,750
640/8 6501,8862,5912,1462,6342,6474,95712,17931,7562,3231,8771,7511,4231,67523,92710,5551,2521,9773,9055,983
9901 15,59276,6529,671306,843331,631619,516596,548474,338463,775290,188176,274171,19934,66173,31582,41095,18521,45490,576133,860150,365
75/76B 5,0837,4591,10251500661332255712,2029772,5301,670801,7983,8264,5163,178763
75 5,0837,4591,10251500661332255712,2029772,5301,670801,7983,8264,5163,178763
65/66B 3,3632,5662241,2691,32318412,7234,9705851,2711,7031,1564884777601,7332,6144,7294,4791,854
65 3,3632,5662241,2691,32318412,7234,9705851,2711,7031,1564884777601,7332,6144,7294,4791,854
9903 17,31181,54410,548306,090330,308619,332583,891469,501463,415289,489176,773171,02036,70274,50981,73095,25022,66690,363132,559149,274
67/77 3,36329,6257,48785,10110,19211,23373,40814,15610,68012,8189,10014,29013,67813,02011,50130,6887,93030,96441,14347,086
9904 13,94851,9193,062220,989320,116608,099510,484455,345452,735276,671167,673156,73023,02461,48970,22964,56214,73559,39991,417102,188
9905 13,94851,9193,062220,989320,116608,099510,484455,345452,735276,671167,673156,73023,02461,48970,22964,56214,73559,39991,417102,188
Appropriation of the result
9906 14,86752,0594,140221,078321,089608,973510,904470,420465,075277,341168,670157,69725,96762,94374,45465,22520,66360,92791,778102,362
14P 9191401,07889973---------------
791/2 --------------75,000-80,00020,000--
691/2 -51,1404,000-11,00018,000143,00020,000--23,00016,70015,00020,000-61,000--90,250102,000
6921 -51,1404,000-11,00018,000143,00020,000--23,00016,70015,00020,000-61,000--90,250102,000
694/7 ---220,000310,000590,000367,030450,000450,000265,000145,000140,00010,00040,000148,000-100,00075,000--
694 ---220,000----------100,000-100,00075,000--
695 ----310,000590,000367,030450,000450,000265,000145,000140,00010,00040,00048,000-----
Social balance sheet
9087 11.612.310.911.513.912.912.311.510.81010.18.7887.176.45.555
Hours worked1013 19,28521,17418,90320,13724,86223,34722,09121,16319,92717,98717,80914,90513,48812,42412,44011,94410,8409,298-8,515
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 10 older financial years (1996-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 24-06-2026.

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Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 24-06-2026 2026-00193960 PDF
31-12-2024 abbreviated format 18-06-2025 2025-00155719 PDF
31-12-2023 abbreviated format 08-08-2024 2024-00337850 PDF
31-12-2022 abbreviated format 30-06-2023 2023-00181420 PDF
31-12-2021 abbreviated format 30-06-2022 2022-20113701 PDF
31-12-2020 abbreviated format 18-05-2021 2021-14300542 PDF
31-12-2019 abbreviated format 05-05-2020 2020-11800038 PDF
31-12-2018 abbreviated format 01-07-2019 2019-26000107 PDF
31-12-2017 abbreviated format 13-07-2018 2018-34500135 PDF
31-12-2016 abbreviated format 27-09-2017 2017-63600285 PDF
31-12-2015 abbreviated format 27-09-2016 2016-61700576 PDF
31-12-2014 abbreviated format 28-09-2015 2015-60800295 PDF
31-12-2013 abbreviated format 29-08-2014 2014-54300453 PDF
31-12-2012 abbreviated format 23-08-2013 2013-46000136 PDF
31-12-2011 abbreviated format 31-08-2012 2012-52600121 PDF
31-12-2010 abbreviated format 29-08-2011 2011-48200057 PDF
31-12-2009 abbreviated format 24-08-2010 2010-45300186 PDF
31-12-2008 abbreviated format 24-08-2009 2009-62700369 PDF
31-12-2007 abbreviated format 13-06-2008 2008-22800010 PDF
31-12-2006 abbreviated format 29-08-2007 2007-65400241 PDF
31-12-2005 abbreviated format 25-08-2006 2006-67604350 PDF
31-12-2004 abbreviated format 30-09-2005 2005-78701641 PDF
31-12-2003 abbreviated format 21-10-2004 2004-74700328 PDF
31-12-2002 abbreviated format 01-07-2003 2003-36604598 PDF
31-12-2001 abbreviated format 31-10-2002 2002-69602791 PDF
31-12-2000 abbreviated format 06-07-2001 2001-35004197 PDF
31-12-1999 abbreviated format 31-10-2000 2000-69300732 PDF
31-12-1998 abbreviated format 08-09-1999 1999-45102126 PDF
31-12-1997 abbreviated format 13-11-1998 1998-57204544 PDF
31-12-1996 abbreviated format 20-06-1997 1997-18301030 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
29,93384,10521,785320,021342,567626,089601,927493,722490,016315,989202,076188,98338,34677,25589,075115,58453,191127,367171,364177,520
28,28959,37315,177234,166331,053614,672515,862474,729478,976302,471193,475174,51426,70965,42876,89584,96146,47396,190128,920129,343
30,86602,02426,4099,44412,6392,4458,07816,244038,01971,8531,38212,32903,4952,40013,22575,59367,886
-66,167-376,99565,654-143,730-32,441442,221-86,852-193,647134,169112,758-54,43395,353-76-37,52965,69634,454-116,381-40,93699,584-
494,167496,744437,371424,218436,460424,852412,819266,432237,887258,914240,931228,914238,469222,415208,588278,964207,557280,375294,023234,042
62.4%61.9%54.6%48.9%48.1%34.9%57.0%29.3%29.6%32.4%38.4%33.8%44.2%46.0%45.2%62.4%45.4%60.1%57.0%53.6%
2.572.582.151.891.891.512.291.391.361.481.651.551.921.992.013.011.992.972.862.96
0.600.620.831.041.081.860.752.412.382.021.531.881.181.091.110.531.110.600.690.78
2.7%10.2%0.7%48.6%70.5%137.1%119.9%161.4%163.6%100.9%63.9%65.4%10.3%29.3%37.3%24.2%7.3%20.7%30.2%48.4%
1.7%6.3%0.4%23.8%33.9%47.9%68.4%47.3%48.3%32.7%24.5%22.1%4.6%13.5%16.9%15.1%3.3%12.4%17.2%25.9%
8.9032.7797.15over 100over 100---------------

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.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date1112121114
full-time1112121114
part-time00---
in full-time equivalents1112121114
11.612.310.911.513.9
On a permanent contract1112121114
Joined01224
Left11154
Training hours-128484456

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€30,866-€2,024€26,409€4,454
Intangible fixed assets----€4,990
€14,341€7,453€12,115€13,178€10,936

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on TECHNOCON

The operating result for 2025 is 80% lower than in 2024.

Debt's share of the balance-sheet total falls from 38.1% to 37.6%. Equity and debt are higher.

Board & ownership

Board

2 directors, 1 in day-to-day management, 1 auditor, last change in February 2026
Director (not named in the articles), permanent representative DE HAINAUT Kevin Romain Michel
appointed by deed of 25-01-2024 term without a fixed end
earlier director, until 08-04-2020
also on the board of 14 other companies
listed in the 2025 annual accounts, filed on 24-06-2026
Director, permanent representative Philip Goris
appointed by deed of 25-03-2026 term without a fixed end
also on the board of 3 other companies
listed in the 2025 annual accounts, filed on 24-06-2026
Gevolmachtigde die belast wordt met het dagelijks bestuur, permanent representative Van Nevel Peter
appointed by deed of 26-04-2024
earlier director, until 04-03-2024
Statutory auditor, permanent representative Bert Loozen
since 13-12-2024 3-year term from 2025
listed in the 2025 annual accounts, filed on 24-06-2026
INDUSTRIAL MECHANICAL ENGINEERING
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 25-01-2024
Permanent representatives 3
DE HAINAUT Kevin Romain Michel
Permanent representative, for DHK PROJECTS
appointed by deed of 25-01-2024
Permanent representative, for INDUSTRIAL MECHANICAL ENGINEERING
appointed by deed of 26-04-2024
Philip Goris
Permanent representative, for PG CONSULTING
appointed by deed of 25-03-2026

Office holders in the KBO →

Mandates through the years

8 names, the dashed line is today
DHK PROJECTS
Director (not named in the articles)
INDUSTRIAL MECHANICAL ENGINEERING
Gevolmachtigde die belast wordt met het dagelijks bestuur
VGD Bedrijfsrevisoren
Statutory auditor
RE:build
Director
Erik Groes
Director (not named in the articles)
Peter Van Nevel
Statutory manager
LeadershipBoardEarlierRest of the termmandate already running before its first mention
Mandates as a list
  • DHK PROJECTS
    • Manager, appointed by deed of 31-07-2019, until 08-04-2020
    • Director (not named in the articles), appointed by deed of 25-01-2024, still in office
  • PG CONSULTING
    • Director, since before 31-12-2025
  • INDUSTRIAL MECHANICAL ENGINEERING
    • Director (not named in the articles), from 01-07-2011 to 04-03-2024
    • Director, until 25-01-2024
    • Gevolmachtigde die belast wordt met het dagelijks bestuur, appointed by deed of 26-04-2024, still in office
  • VGD Bedrijfsrevisoren
    • Statutory auditor, from 13-12-2024 to date
  • RE:build
    • Director, appointed by deed of 24-02-2025, until 20-10-2025
  • Erik Groes
    • Director (not named in the articles), from 28-12-2023 to 31-12-2024
  • CORDEEL GROUP
    • Director, appointed by deed of 14-05-2020, until 25-01-2024
  • Peter Van Nevel
    • Statutory manager, until 01-07-2019

See the board, name and registered office on a given date →

Control

Parent
Equity €123.3m
Profit €58.7m in 2025 (loss €3.4m in 2024)
100%
This company
TECHNOCON
Equity €523,739
Profit €13,948 in 2025

Further up the chainC2F1 100%

Capital

Contribution
€18,600
Source
2025 annual accounts

Owners through the years

as the annual accounts name them
consolidates
Owners as a list

Source: parent in its own accounts, lists of holdings in the owners' accounts

Articles of association

deed of 25-01-2024 (in Dutch)
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Één of meer bestuurders,natuurlijke personen of rechtspersonen,al dan niet aandeelhouder, algemene vergadering die de bestuurder(s)benoemt”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of June at 19:00

Network & group

Group

CORDEEL GROUP has 37 holdings in 4 countries (2025 accounts), the bar shows equity in euros
ParentCORDEEL GROUP37 holdings, 4 countries 2025 accounts

Belgium 30 Equity Result

Europe 7 Equity Result

  • NL Cordeel Nederland BV €21.5m result €4.2m
  • NL Immo Cordeel BV €5.5m result €430,429
  • BG Cordeel Bulgarije €4.8m result €635,247
  • NL Geelen-Cordeel BV €4.0m result €963,988
  • RS Cordeel Serbia - DOO Beograd €2.7m result €490,929
  • NL CD20 IE BV33.33% €15,000 result €0
  • BG EPM Bulgarije EAD25.5% €0 result €0

Source: list of holdings in the 2025 accounts of CORDEEL GROUP. Holdings that file themselves stand with their latest accounts, the others with the amounts of that list, in their own currency.

Part of the group C2F1 Group, risk and exposure

At the same address

Groendreef 91, 9880 Aalter · 2 other companies
ACERO ENGINEERING
registered office since 22-09-2026
founded in 2026
1042.816.712
ARPHEA
registered office since 12-11-2020
founded in 2020
0758.362.232

Earlier ties

EVERSIDE
via PG CONSULTING, no longer at EVERSIDE · Director · deed of 28-12-2022
founded in 2022 · negative equity (2025) · group DWR
total assets €26.5m (2025)
Vita Middelkerke
via DHK PROJECTS, no longer at Vita Middelkerke · Director · deed of 06-07-2022
founded in 2020 · negative equity (2025) · group C2F1
9.2 FTE (2025)
Land Aalst
via CORDEEL GROUP, at TECHNOCON until 2024 · Director (not named in the articles) · deed of 25-01-2024
founded in 2012 · negative equity (2025) · group C2F1
total assets €18.5m (2025)
VITA DEN UYT
via DHK PROJECTS, no longer at VITA DEN UYT · Director · deed of 17-05-2022
founded in 2017 · negative equity (2025) · group C2F1
12 FTE (2025)
XIOR Seraing
via DHK PROJECTS, no longer at XIOR Seraing · Class A director · deed of 15-02-2024
founded in 2024 · negative equity (2025) · group XIOR STUDENT HOUSING
total assets €14.9m (2025)
VITA TEMSE
via DHK PROJECTS, no longer at VITA TEMSE · Director · deed of 06-07-2022
founded in 2016 · negative equity (2025) · group C2F1
13 FTE (2025)
Show 16 more earlier ties
C-METAL
via RE:build (at TECHNOCON until 2025), DHK PROJECTS (no longer at C-METAL) and Erik Groes (at TECHNOCON until 2024) · Director · deeds of 25-02-2025, 06-09-2024 and 14-09-2021
founded in 2019 · negative equity (2025) · group C2F1
49 FTE (2025)
C-WOOD
via RE:build (at TECHNOCON until 2025) and DHK PROJECTS (no longer at C-WOOD) · Director · deeds of 21-05-2025 and 06-06-2024
founded in 2019 · negative equity (2025) · group C2F1
30 FTE (2025)
ELEKTROTECHNIEK VAN HECKE
via Erik Groes, at TECHNOCON until 2024 · Managing director · deed of 11-09-2023
founded in 1999 · negative equity (2025) · group C2F1
25 FTE (2025)
C-guard
via Erik Groes, at TECHNOCON until 2024 · Director · deed of 04-10-2021
founded in 2013 · negative equity (2025) · group C2F1
5 FTE (2025)
Powerstation
via Erik Groes, at TECHNOCON until 2024 · Statutory director · deed of 22-09-2022
founded in 2021 · negative equity (2025)
1.9 FTE (2025)
MATEXI PROJECTS
via PG CONSULTING, no longer at MATEXI PROJECTS · Director · deed of 24-11-2017
founded in 2009 · group DWR
113 FTE (2025)
IMTECH BELGIUM OU EN FRANCAIS IMTECH BELGIQUE OU EN NEERLANDAIS IMTECH BELGIE
via Erik Groes, at TECHNOCON until 2024 · Director · deed of 19-06-2024
founded in 1965
568 FTE (2025)
MATEXI WALLONIE
via PG CONSULTING, no longer at MATEXI WALLONIE · Director · deed of 07-08-2020
founded in 2012 · group DWR
total assets €82.6m (2025)
C-CONCRETE
via RE:build, at TECHNOCON until 2025 · Director · deed of 07-04-2025
founded in 1997 · group C2F1
101 FTE (2025)
C-Tech Holding
via Erik Groes, at TECHNOCON until 2024 · Managing director · deed of 19-09-2023
founded in 1928
18 FTE (2025)
Ontwikkelingsmaatschappij Leopoldskazerne
via PG CONSULTING, no longer at Ontwikkelingsmaatschappij Leopoldskazerne · Class A director · deed of 03-05-2019
founded in 2019
turnover €23.1m (2025)
Geothermal Innovation & Services
via PG CONSULTING, no longer at Geothermal Innovation & Services · Class C director · deed of 03-05-2022
founded in 2022
total assets €1.3m (2025)
BUT THINES
via PG CONSULTING, no longer at BUT THINES · Director · deed of 05-01-2023
founded in 2018 · group DWR
total assets €266,979 (2025)
CORDEEL ZETEL TEMSE
via RE:build, at TECHNOCON until 2025 · Director · deed of 27-02-2024
No longer active
205 FTE (2025)
VITA FITNESS TEMSE
via DHK PROJECTS, no longer at VITA FITNESS TEMSE · Director · deed of 06-07-2022
No longer active
total assets €253,608 (2024)
VITA HORECA TEMSE
via DHK PROJECTS, no longer at VITA HORECA TEMSE · Director · deed of 06-07-2022
No longer active
total assets €113,442 (2024)

Connections & network

14 connected companies
Depth
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
C-RENTAL
via DHK PROJECTS · Director · deed of 06-09-2024
Founded in 2012 · 42 FTE (2025) · negative equity · group C2F1
→
OFF SITE BELGIUM
via PG CONSULTING and RE:build (at TECHNOCON until 2025) · Director · deeds of 25-03-2026 and 03-03-2025
Founded in 2015 · 5 FTE (2025) · negative equity · group C2F1
→
Building Maintenance & Services
via DHK PROJECTS, RE:build (at TECHNOCON until 2025) and Erik Groes (at TECHNOCON until 2024) · Director · deeds of 21-01-2025 and 24-08-2023
Founded in 2018 · 3.1 FTE (2025) · negative equity · group C2F1
→
Kop van Nieuwland
via DHK PROJECTS · Class B director · deed of 29-08-2024
Founded in 2010 · total assets €36,515 (2025) · negative equity
→
Show 10 more companies with a shared director
C-Fast
via DHK PROJECTS · Director (not named in the articles) · deed of 11-07-2023
Founded in 2018 · total assets €5,764 (2025) · negative equity · group C2F1
→
CORDEEL BELGIUM
via DHK PROJECTS · Director · deed of 18-10-2023
Founded in 1985 · 349 FTE (2025) · group C2F1
→
Siesegem Noord
via DHK PROJECTS · Director · deed of 06-07-2022
Founded in 2022 · total assets €8.3m (2025)
→
CORDEEL MAINTENANCE
via DHK PROJECTS · Director (not named in the articles) · deed of 25-01-2024
Founded in 2010 · 6.1 FTE (2025) · group C2F1
→
C-Supply
via DHK PROJECTS and RE:build (at TECHNOCON until 2025) · Director · deeds of 21-03-2025 and 24-08-2023
Founded in 2003 · 7 FTE (2025) · group C2F1
→
BIVELENHOF
via PG CONSULTING · Class C director · deed of 30-10-2018
Founded in 2018 · total assets €3.7m (2025)
→
NIEUW BILZEN
via PG CONSULTING · Director · deed of 30-10-2018
Founded in 2007 · total assets €3.3m (2025)
→
Baeck Cladding
via PG CONSULTING and RE:build (at TECHNOCON until 2025) · Director · deeds of 04-03-2026 and 10-03-2025
Founded in 2019 · 15 FTE (2025) · group C2F1
→
Team10
via DHK PROJECTS · Director (not named in the articles) · deed of 19-08-2022
Founded in 2022 · total assets €9,483 (2025)
→
Cmart-Tech
via PG CONSULTING and CORDEEL GROUP (at TECHNOCON until 2024) · Class A director · deed of 21-08-2025
Founded in 2025
→

Timeline

Timeline

42 events since 1995

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBabbreviated format · 37 days before the deadline
1 director appointed, 1 resignationResignation: RE:Build · Permanent representatives: Wim Vriesacker and Philip Goris · Appointment: PG Consulting · General meeting of 11-02-20267 points ▸
  • General meeting, 11-02-2026
  • Director resignation, RE:Build
  • Permanent representative, Wim Vriesacker
  • Director discharge, RE:Build
  • Director appointment, PG Consulting
  • Permanent representative, Philip Goris
  • Power of attorney, Arianne Vervliet
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2025
Annual accounts 2024 filed PDFabbreviated format · 43 days before the deadline
Appointment: VGD Bedrijfsrevisoren (statutory auditor)Permanent representative: Bert Loozen · General meeting of 13-12-20244 points ▸
  • General meeting, 13-12-2024
  • Auditor appointment, VGD Bedrijfsrevisoren (statutory auditor)
  • Permanent representative, Bert Loozen
  • Power of attorney, Arianne Vervliet
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

1 director appointed, 1 resignationResignation: GROES Erik · Appointment: RE:build · Permanent representative: Wim Vriesacker · General meeting of 31-12-20246 points ▸
  • General meeting, 31-07-2024
  • General meeting, 31-12-2024
  • Director resignation, GROES Erik
  • Director discharge, GROES Erik
  • Director appointment, RE:build
  • Permanent representative, Wim Vriesacker
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

2024
Equity above €500,000 equity €509,791 ▲11.3% Equity rises from €457,872 to €509,791.
Annual accounts 2023 filed PDFabbreviated format · 8 days late
Change of role: INDUSTRIAL MECHANICAL ENGINEERING, from director to gevolmachtigde die belast wordt met het dagelijks bestuurPermanent representative: Van Nevel Peter · Director discharge: INDUSTRIAL MECHANICAL ENGINEERING · General meeting of 04-03-20247 points ▸

Open the deed in the Belgian Official Gazette

3 directors appointed, 2 resignationsResignations: CORDEEL GROUP and INDUSTRIAL MECHANICAL ENGINEERING · Permanent representatives: VAN NEVEL Peter Jozef Martha and DE HAINAUT Kevin Romain Michel · Appointments: INDUSTRIAL MECHANICAL ENGINEERING, GROES Erik Karel Helene and DHK PROJECTS9 points ▸
  • General meeting, 28-12-2023
  • Legal-form conversion, from private limited company (pre-2019) to private limited company
  • Director resignation, CORDEEL GROUP
  • Director resignation, INDUSTRIAL MECHANICAL ENGINEERING
  • Permanent representative, VAN NEVEL Peter Jozef Martha
  • Director appointment, INDUSTRIAL MECHANICAL ENGINEERING (director (not named in the articles))
  • Director appointment, GROES Erik Karel Helene (director (not named in the articles))
  • Director appointment, DHK PROJECTS (director (not named in the articles))
  • Permanent representative, DE HAINAUT Kevin Romain Michel
  • The deed holds 7 more points.

Open the deed in the Belgian Official Gazette

2023
Weakest financial year net €3,062 ▼98.6% The net result drops to €3,062, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2022 filed PDFabbreviated format · 31 days before the deadline
2022
Annual accounts 2021 filed PDFabbreviated format · 31 days before the deadline
2021
Annual accounts 2020 filed PDFabbreviated format · 74 days before the deadline
2020
Highest result from 2006 to 2025 net €608,099 ▲19.1% The operating result of €619,516 and the net result of €608,099 are both a record.
1 director appointed, 1 resignationResignation: DHK Projects BV · Permanent representatives: Kevin De Hainaut and Filip Cordeel · Appointment: Cordeel Group NV · General meeting of 08-04-20205 points ▸
  • General meeting, 08-04-2020
  • Director resignation, DHK Projects BV
  • Permanent representative, Kevin De Hainaut
  • Director appointment, Cordeel Group NV
  • Permanent representative, Filip Cordeel

Open the deed in the Belgian Official Gazette

Annual accounts 2019 filed PDFabbreviated format · 87 days before the deadline
2019
New managerDHK Projects BVBA appointed, Peter Van Nevel resigned · Permanent representatives: Kevin De Hainaut and Peter Van Nevel · General meeting of 01-07-20195 points ▸
  • General meeting, 01-07-2019
  • Director resignation, Peter Van Nevel (statutory manager)
  • Director appointment, DHK Projects BVBA (manager)
  • Permanent representative, Kevin De Hainaut
  • Permanent representative, Peter Van Nevel
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Annual accounts 2018 filed PDFabbreviated format · 30 days before the deadline
2018
Annual accounts 2017 filed PDFabbreviated format · 18 days before the deadline
2017
Annual accounts 2016 filed PDFabbreviated format · 58 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 58 days late
2015
Annual accounts 2014 filed PDFabbreviated format · 59 days late
2014
Annual accounts 2013 filed PDFabbreviated format · 29 days late
2013
Annual accounts 2012 filed PDFabbreviated format · 23 days late
2012
Annual accounts 2011 filed PDFabbreviated format · 31 days late
2011
Annual accounts 2010 filed PDFabbreviated format · 29 days late
2010
Annual accounts 2009 filed PDFabbreviated format · 24 days late
2009
Annual accounts 2008 filed PDFabbreviated format · 24 days late
2008
Annual accounts 2007 filed PDFabbreviated format · 48 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 29 days late
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
Annual accounts 1998 filed PDFabbreviated format
1998
Annual accounts 1997 filed PDFabbreviated format
1997
Annual accounts 1996 filed PDFabbreviated format
1995
First establishment Groendreef 91, Aalter
Incorporation published on 05-01-1996

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

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 14 December 1995, TECHNOCON was incorporated.1 Today the board has 2 members.2 Total assets went from €962,879 in 2018 to €839,319 in 2025 and headcount from 11.5 to 11.6 full-time equivalents.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2025
  3. 3National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0456.745.977
VAT number
BE 0456.745.977
Peppol ID
0208:0456745977
Legal form
Private limited company
Status
Active, normal situation
Founded
14-12-1995
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of June at 19:00
deed of 25-01-2024 (in Dutch)
Peppol
Reachable via PeppolFollow this company and you will hear the next morning if it leaves the Peppol register.
Name
TECHNOCON in Dutch
Entity type
Legal entity
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 25-01-2024 (in Dutch)

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
Joint committees annual accounts 2025
JC 209 White-collar workers in metal manufacturing
Codes under NACEBEL 2008
VAT activities
71121 Engineering activities main activity
41203 Construction of residential and non-residential buildings
Social security (RSZ) activities
71121 Engineering activities main activity
Codes under NACEBEL 2003
VAT activities
74203 main activity
45213
Social security (RSZ) activities
74203 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het uitbaten van een studie-,organisatie- en raadgevend bureau,en dit in de meest ruime zin van het woord,alsmede de…”
Text of the purpose

“Het uitbaten van een studie-,organisatie- en raadgevend bureau,en dit in de meest ruime zin van het woord,alsmede de aankoop,verkoop,vervaardigen,plaatsen,bouwen,huren en verhuren,het verwerken en monteren en demonteren,onderhouden en herstellen van alle metalen constructies,en dit zowel in eigen naam als voor rekening van derden.”

deed of 25-01-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Groendreef 91 registered office 9880 Aalter 28-12-1995 2.074.467.833

Buildings and parcels at the address

Ground area
2,333 m²
Buildings
1,332 m²
Volume, LiDAR
926 m³
Tallest building
5.0 m
Buildings to scale, each on its own parcel
1,332 m², 5.0 m 1,332 m², 5.0 m

Location

registered office establishment The establishment unit on the map
3 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
44503H0087/00R0002,333 m² 1 · 1,332 m² 5.0 m

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0456.745.977