TECHNOFLUX
ActiveSummary
The computed 12-month bankruptcy probability of TECHNOFLUX is 1.6% (moderate). The 2025 annual accounts show equity of €38,539 and a net result of €8,147. Equity is growing by ~16% per year across the filed fiscal years. Its solvency ranks better than 60% of 28184 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability83=
Solvency81▼-12
Growth78=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 1.61 against 2.42 in 2024; short-term debt: 41% and cash: 29.1% of total assets), and 44.3% 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
55.7%
Return on assets
11.8%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 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
17 d late
2024
31 d early
2023
2 d late
2022
50 d late
2021
15 d late
2020
72 d late
2019
58 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 26 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€38,539▲ 26.8%
2024 · €30,392
Total assets
€69,216▲ 55.8%
2024 · €44,434
Net result
€8,147▲ 59.7%
2024 · €5,102
Working capital
€17,376▲ 32.0%
2024 · €13,161
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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€2,792€6,760▲ 142%€7,665▲ 13.4%€7,781▲ 1.5%€11,334▲ 45.7%
Net result€1,902below the sector's middle half€4,329below the sector's middle half▲ 128%€6,041within the sector's middle half▲ 39.5%€5,102within the sector's middle half▼ 15.5%€8,147within the sector's middle half▲ 59.7%
Equity€16,520below the sector's middle half▲ 13.0%€20,849below the sector's middle half▲ 26.2%€26,090within the sector's middle half▲ 25.1%€30,392within the sector's middle half▲ 16.5%€38,539within the sector's middle half▲ 26.8%
Total assets€19,287below the sector's middle half▲ 27.4%€35,181below the sector's middle half▲ 82.4%€42,082below the sector's middle half▲ 19.6%€44,434below the sector's middle half▲ 5.6%€69,216within the sector's middle half▲ 55.8%
Debt€2,767▲ 429%€14,332▲ 418%€15,992▲ 11.6%€14,042▼ 12.2%€30,677▲ 118%
Working capital€14,281▲ 11.4%€18,653▲ 30.6%€5,986▼ 67.9%€13,161▲ 120%€17,376▲ 32.0%
Solvency85.7%above the sector's middle half▼ 10.9pp59.3%within the sector's middle half▼ 26.4pp62.0%within the sector's middle half▲ 2.7pp68.4%within the sector's middle half▲ 6.4pp55.7%within the sector's middle half▼ 12.7pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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 has risen four years in a row; 2025 is 46% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €69,216
Fixed assets
€23,455 ▲ 6.5%
Current assets
€45,761 ▲ 104%
Equity and liabilities €69,216
Equity
€38,539 ▲ 26.8%
Debt
€30,677 ▲ 118%
Debt's share of the balance-sheet total rises from 31.6% to 44.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€18,837▲
2024 · €14,381
Cash flow
€15,650▲
2024 · €11,702
Current ratio
1.61▼
2024 · 2.42
Quick ratio
1.58▼
2024 · 2.34
Debt to equity
0.80▲
2024 · 0.46
ROE
21.1%▲
2024 · 16.8%
ROA
11.8%▲
2024 · 11.5%
Interest coverage
24.82▲
2024 · 21.06
Debt ≤ 1 year
€28,385▲
2024 · €9,250
Debt > 1 year
€2,292▼
2024 · €4,792
Income taxes
€2,429▲
2024 · €1,999
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.9%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.6% 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 497,058 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% | 1.6% |
| 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 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 34,672 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €919 | €1,298 | €2,428 | €6,600 | €7,503 | ▲ 13.7% |
| Other operating charges640/8 | €127 | €127 | €128 | €127 | €127 | = |
| Gross operating margin9900 | €3,838 | €8,185 | €10,221 | €14,508 | €18,964 | ▲ 30.7% |
| Operating profit (loss)9901 | €2,792 | €6,760 | €7,665 | €7,781 | €11,334 | ▲ 45.7% |
| Financial income75/76B | - | - | - | €3 | €1 | ▼ 66.7% |
| Recurring financial income75 | - | - | - | €3 | €1 | ▼ 66.7% |
| Financial charges65/66B | €158 | €185 | €241 | €683 | €759 | ▲ 11.1% |
| Recurring financial charges65 | €158 | €185 | €241 | €683 | €759 | ▲ 11.1% |
| Profit (loss) for the period before taxes9903 | €2,634 | €6,575 | €7,424 | €7,101 | €10,576 | ▲ 48.9% |
| Income taxes67/77 | €732 | €2,246 | €1,383 | €1,999 | €2,429 | ▲ 21.5% |
| Profit (loss) for the period9904 | €1,902 | €4,329 | €6,041 | €5,102 | €8,147 | ▲ 59.7% |
| Profit (loss) for the period to be appropriated9905 | €1,902 | €4,329 | €6,041 | €5,102 | €8,147 | ▲ 59.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €19,287 | €35,181 | €42,082 | €44,434 | €69,216 | ▲ 55.8% |
| Fixed assets21/28 | €2,239 | €2,196 | €27,396 | €22,023 | €23,455 | ▲ 6.5% |
| Tangible fixed assets22/27 | €2,214 | €2,171 | €27,371 | €21,998 | €23,430 | ▲ 6.5% |
| Plant, machinery and equipment23 | €633 | €315 | €186 | €1,037 | €7,513 | ▲ 624% |
| Furniture and vehicles24 | €1,581 | €1,856 | €27,185 | €20,961 | €15,917 | ▼ 24.1% |
| Financial fixed assets28 | €25 | €25 | €25 | €25 | €25 | = |
| Current assets29/58 | €17,048 | €32,985 | €14,686 | €22,411 | €45,761 | ▲ 104% |
| Stocks and contracts in progress3 | €4,000 | €1,133 | - | €800 | €800 | = |
| Stocks30/36 | €4,000 | €1,133 | - | €800 | €800 | = |
| Amounts receivable within one year40/41 | €2,954 | €14,626 | €7,220 | €10,206 | €21,870 | ▲ 114% |
| Trade receivables40 | - | €9,644 | €2,000 | €5,685 | €19,047 | ▲ 235% |
| Other amounts receivable41 | €2,954 | €4,982 | €5,220 | €4,521 | €2,823 | ▼ 37.6% |
| Cash at bank and in hand54/58 | €7,510 | €14,684 | €4,920 | €8,581 | €20,133 | ▲ 135% |
| Deferred charges and accrued income490/1 | €2,584 | €2,542 | €2,546 | €2,824 | €2,958 | ▲ 4.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €19,287 | €35,181 | €42,082 | €44,434 | €69,216 | ▲ 55.8% |
| Equity10/15 | €16,520 | €20,849 | €26,090 | €30,392 | €38,539 | ▲ 26.8% |
| Contributions10/11 | €6,500 | €6,500 | €6,500 | €6,500 | €6,500 | = |
| Reserves13 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Non-distributable reserves130/1 | €2,000 | €2,000 | - | - | - | - |
| Reserves not available under the articles1311 | €2,000 | €2,000 | - | - | - | - |
| Distributable reserves133 | - | - | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €8,020 | €12,349 | €17,590 | €21,892 | €30,039 | ▲ 37.2% |
| Amounts payable17/49 | €2,767 | €14,332 | €15,992 | €14,042 | €30,677 | ▲ 118% |
| Amounts payable after more than one year17 | - | - | €7,292 | €4,792 | €2,292 | ▼ 52.2% |
| Financial debts170/4 | - | - | €7,292 | €4,792 | €2,292 | ▼ 52.2% |
| Amounts payable within one year42/48 | €2,767 | €14,332 | €8,700 | €9,250 | €28,385 | ▲ 207% |
| Current portion of amounts payable after more than one year42 | - | - | €2,500 | €2,500 | €2,500 | = |
| Trade debts44 | €1,784 | €11,735 | €3,285 | €3,950 | €22,885 | ▲ 479% |
| Suppliers440/4 | €1,784 | €11,735 | €3,285 | €3,950 | €22,885 | ▲ 479% |
| Taxes, remuneration and social security45 | €732 | €2,597 | €2,115 | €2,000 | €3,000 | ▲ 50.0% |
| Taxes450/3 | €732 | €2,597 | €2,115 | €2,000 | €3,000 | ▲ 50.0% |
| Other amounts payable47/48 | €251 | - | €800 | €800 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,902 | €4,329 | €6,041 | €5,102 | €8,147 | ▲ 59.7% |
| + Depreciation and write-downs630 | €919 | €1,298 | €2,428 | €6,600 | €7,503 | ▲ 13.7% |
| Operating cash flow (approximation) | €2,821 | €5,627 | €8,469 | €11,702 | €15,650 | ▲ 33.7% |
| Investment in fixed assets (approximation) | - | -€1,255 | -€27,628 | -€1,227 | -€8,935 | ▼ 628% |
| Change in cash | - | €7,174 | -€9,764 | €3,661 | €11,552 | ▲ 216% |
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
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
2025
31-12
Financial
Highest result since 2018net €8,147 ▲59.7%
Operating result €11,334, net result €8,147, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
19-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 50 days late
2022
15-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 15 days late
2021
31-12
Financial
Back to profitnet €1,902
Net result €1,902 after one loss-making year.
11-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 72 days late
2020
31-12
Financial
Liquidity times 6current ratio 25.52
Current ratio from 4.06 to 25.52; short-term debt falls from €4,462 to €523.
27-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 58 days late
2019
31-12
Financial
Back to profitnet €298
Net result €298 after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
22-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 53 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Koekelberg · 1 establishment unit since 2013
Ground area
412 m²
Building footprint
119 m²
Volume, LiDAR
1,924 m³
Parcel 21011A0010/00K004, Brussels · tallest building 18.9 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Cassiano Torres De Negreiros
since 20132.221.919.216
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21011A0010/00K004 | Brussels | 412 m² | 1 · 119 m² | 18.9 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,043 companies in sector 43221 we hold annual accounts for 3,475. 2,868 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
Founded17-07-2013
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
46150Agents in the wholesale of furniture, household goods and hardware
E-invoicing
Reachable via Peppol
Peppol ID
0208:0536743263
Also
9925:BE0536743263
Registered
23-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.