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TECHNOLEC

Active
Private limited companyfounded 2001active for 25 yearsHoogkamerstraat 337, 9140 Temse, BelgiumKBO/BCE: BE 0474.770.557
Summary

The computed 12-month bankruptcy probability of TECHNOLEC is 1.9% (moderate). The 2025 annual accounts show equity of €43,246 and a net result of -€58,031. Equity has been stable since 2018 (±1.7% per year). Its solvency ranks better than 18% of 9,848 sector peers (NACE 46, financial year 2025). The company has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Overview

Official details

Source: KBO
Status
Active since 08-05-2001 Normal situation
Registered office
12 active companies are registered at this address Source: KBO register, as of 3 November 2026.
Activity
Wholesale of electrical equipment, including installation materials NACE 46643
Joint committees
111 Paritair Comité voor de metaal-, machine- en elektrische bouw
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2024
Establishment unit
2.093.190.318 9140 Temse, since 25-05-2001
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
Shareholders

Financial position

52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.9%
Annual accounts 2025
Gross margin
€231,425
▼ 67.6%
Turnover
≈ €1.2m
estimated
Loss
€58,031
Equity
€43,246
▼ 94.6%
Total assets
€436,651
▼ 60.8%
Employees on 31-12-2025
3
=
Score breakdownraises riskLoss of €58,031 (financial year 2025)Equity €43,246 (9.9% of total assets)Sector: Wholesale trade (NACE 46)lowers riskSize: 3 FTE, total assets €436,651Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 14% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Weak
Solvency 35-62
equity 9.9% of total assets
Liquidity 14-58
short-term debt 90.1% · cash 11.6%
Profitability 2-98
return on assets -13.3%
Bankruptcy probability within 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
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 05-2025 07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 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: 1.9%▲ +1.9 percentage points vs 06-2026highest value 08-2026: 1.9%● unchanged vs 07-2026highest value 09-2026: 1.9%● unchanged vs 08-2026highest value 10-2026: 1.9%● unchanged vs 09-2026highest value 11-2026: 1.9%● unchanged vs 10-2026highest value
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.04 (3.5 in 2024), below the usual 1.5. Short-term debt is 90.1% and cash 11.6% of total assets. 90.1% of the assets are financed with debt and provisions.
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 46, micro). It does better than 23% of them on solvency, 15% on liquidity, 13% on profitability and 5% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €58,031 (financial year 2025)
NBB · annual accounts
raises risk · Equity €43,246 (9.9% of total assets)
NBB · annual accounts
raises risk · Sector: Wholesale trade (NACE 46)
KBO
lowers risk · Size: 3 FTE, total assets €436,651
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 9848 sector peers (2025).
NBB · sector comparison
Position among 9848 sector peers
Solvency
better than 18%
← weakest strongest →
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 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
43 days early
2024
42 days early
2023
44 days early
2022
49 days early
2021
31 days early
2020
45 days early
2019
46 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 43 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 18 June (5 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
03-11-2026 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

Financials

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 18-06-2026 at the NBB all 24 filings

Turnover
≈ €1.2m
Estimated: probably between €590,000 and €2.1m
Total assets
€436,651▼ 60.8%
2024 · €1.1m
Net result
-€58,031
2024 · €305,208
Working capital
€15,440▼ 98.0%
2024 · €781,620
Multi-year overview
2018 to 2025, 8 financial years
Operating result
-€59,473
2025
20182025
Net result
-€58,031
2025
lowest quarter of the sector
20182025
Equity
€43,246
▼ 94.6% 2025
lowest quarter of the sector
20182025
Total assets
€436,651
▼ 60.8% 2025
middle half of the sector
20182025
Debt
€393,405
▲ 25.7% 2025
20182025
Working capital
€15,440
▼ 98.0% 2025
lowest quarter of the sector
20182025
Solvency
9.9%
▼ 62.0pp 2025
lowest quarter of the sector
20182025
Current ratio
1.04
▼ 2.46 2025
lowest quarter of the sector
20182025
Return on assets (ROA)
-13.3%
▼ 40.7pp 2025
lowest quarter of the sector
20182025
Staff (FTE)
3
= 2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.1m-€0.08m▼ 36.9%€0.02m▼ 79.8%€0.07m▲ 340%€0.2m▲ 120%€0.008m▼ 95.1%€0.4m▲ 57×-€0.06m
Net result€0.08m-€0.04m▼ 47.5%-€0.001mwithin the sector's middle half€0.04mwithin the sector's middle half€0.09mwithin the sector's middle half▲ 96.9%-€0.006mbelow the sector's middle half€0.3mabove the sector's middle half-€0.06mbelow the sector's middle half
Equity€0.5m-€0.5m▲ 6.2%€0.4mabove the sector's middle half▼ 8.5%€0.5mwithin the sector's middle half▲ 5.6%€0.5mwithin the sector's middle half▲ 8.2%€0.5mwithin the sector's middle half▼ 1.2%€0.8mwithin the sector's middle half▲ 61.5%€0.04mbelow the sector's middle half▼ 94.6%
Total assets€0.8m-€0.8m▲ 2.5%€0.7mabove the sector's middle half▼ 14.2%€1.1mwithin the sector's middle half▲ 64.4%€1.0mwithin the sector's middle half▼ 11.3%€0.7mwithin the sector's middle half▼ 30.8%€1.1mwithin the sector's middle half▲ 60.4%€0.4mwithin the sector's middle half▼ 60.8%
Debt€0.3m-€0.3m▼ 2.5%€0.2m▼ 22.7%€0.7m▲ 168%€0.5m▼ 24.9%€0.2m▼ 60.4%€0.3m▲ 57.6%€0.4m▲ 25.7%
Working capital€0.4m-€0.5m▲ 8.2%€0.4mabove the sector's middle half▼ 7.1%€0.5mwithin the sector's middle half▲ 5.0%€0.5mwithin the sector's middle half▲ 8.6%€0.5mwithin the sector's middle half▼ 3.7%€0.8mwithin the sector's middle half▲ 64.4%€0.02mbelow the sector's middle half▼ 98.0%
Solvency57.8%-59.9%▲ 2.1pp63.8%within the sector's middle half▲ 4.0pp41.0%within the sector's middle half▼ 22.8pp50.0%within the sector's middle half▲ 9.0pp71.4%above the sector's middle half▲ 21.4pp71.9%above the sector's middle half▲ 0.5pp9.9%below the sector's middle half▼ 62.0pp
Current ratio2.31-2.45▲ 0.142.74within the sector's middle half▲ 0.291.68within the sector's middle half▼ 1.061.99within the sector's middle half▲ 0.303.40above the sector's middle half▲ 1.413.50above the sector's middle half▲ 0.101.04below the sector's middle half▼ 2.46
Return on assets (ROA)10.5%-5.4%▼ 5.1pp-0.2%within the sector's middle half▼ 5.5pp4.0%within the sector's middle half▲ 4.1pp8.8%within the sector's middle half▲ 4.8pp-0.9%below the sector's middle half▼ 9.7pp27.4%above the sector's middle half▲ 28.3pp-13.3%below the sector's middle half▼ 40.7pp
Staff (FTE)4.1-4.4▲ 7.3%3.4within the sector's middle half3.4within the sector's middle half=3.8within the sector's middle half▲ 11.8%3within the sector's middle half▼ 21.1%3within the sector's middle half=
above within below The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is a loss of €59,473, after a profit of €425,176 in 2024. It is the lowest result since 2021.

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

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €436,651
Fixed assets €27,807 ▲ 41.5%
Current assets €408,844 ▼ 62.6%
Equity and liabilities €436,651
Equity €43,246 ▼ 94.6%
Debt €393,405 ▲ 25.7%
Debt's share of the balance-sheet total rises from 28.1% to 90.1%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€39,445▼
2024 · €438,909
Cash flow
-€38,004▼
2024 · €318,940
Quick ratio
0.79▼
2024 · 3.07
Debt to equity
9.10▲
2024 · 0.39
ROE
-134.2%▼
2024 · 38.1%
Interest coverage
-6.20▼
2024 · 63.65
Debt ≤ 1 year
€393,405▲
2024 · €312,859
Income taxes
€1,796▼
2024 · €116,470
Staff costs
€264,704▼
2024 · €267,316
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202131-12-202231-12-202331-12-202431-12-2025
Employees at the balance-sheet date44333
full-time43333
part-time-1---
in full-time equivalents43.4333
Average over the year, in full-time equivalents3.43.43.833
On a permanent contract44333
Joined--0--
Left--1--

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

Securities and guarantees

on own assets and for others
Item20212022202320242025
Debts secured on the company's own assets€310,000----
Pledge on the business€300,000----

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€6,679€3,136€19,292€12,932€28,176
Depreciation and write-downs of the year€3,674€4,249€6,979€13,733€20,027

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

Subsidies and aid

Flemish government

2022 to 2023 · 2 entries · €2,559 awarded · €2,559 paid
Year Entries AwardedPaid
2023 1 €855€855
2022 1 €1,704€1,704
Schemes
1 entry · €1,704 · €1,704 paid · Departement Werk en Sociale Economie
1 entry · €855 · €855 paid · Fonds voor Innoveren en Ondernemen

Public contracts

1 award · 2025
FOURNITURE DE CONVERTISSEURS MOXA NPort 5450AI-M12-T OU ÉQUIVALENT: DT-DI-2025-08 - 1
buyer: Opérateur de Transport de WallonieRadio, television and communication equipmentpublished 17-11-2025€359,6001 tenderTED 759054-2025

Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.1m€0.4m▼
Fixed assets21/28€0.02m€0.03m▲
Tangible fixed assets22/27€0.02m€0.03m▲
Plant, machinery and equipment23€0.005m€0.006m▲
Furniture and vehicles24€0.01m€0.02m▲
Current assets29/58€1.1m€0.4m▼
Stocks and contracts in progress3€0.1m€0.1m▼
Stocks30/36€0.1m€0.1m▼
Amounts receivable within one year40/41€0.7m€0.3m▼
Trade receivables40€0.2m€0.2m▲
Other amounts receivable41€0.5m€0.04m▼
Cash at bank and in hand54/58€0.3m€0.05m▼
Equity and liabilities
Total equity and liabilities10/49€1.1m€0.4m▼
Equity10/15€0.8m€0.04m▼
Contributions10/11€0.006m€0.006m=
Reserves13€0.04m€0.04m=
Non-distributable reserves130/1€0.002m€0.002m=
Reserves not available under the articles1311€0.002m€0.002m=
Tax-exempt reserves132€0.04m€0.04m=
Distributable reserves133€0.004m€0.004m=
Profit (loss) carried forward14€0.8m-€0.006m▼
Amounts payable17/49€0.3m€0.4m▲
Amounts payable within one year42/48€0.3m€0.4m▲
Financial debts43€0.06m-
Credit institutions430/8€0.06m-
Trade debts44€0.2m€0.2m▼
Suppliers440/4€0.2m€0.2m▼
Taxes, remuneration and social security45€0.06m€0.03m▼
Taxes450/3€0.03m€0.001m▼
Remuneration and social security454/9€0.03m€0.03m▲
Other amounts payable47/48-€0.2m
Income statement Code20242025
Remuneration, social security and pensions62€0.3m€0.3m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.01m€0.02m▲
Other operating charges640/8€0.008m€0.006m▼
Gross operating margin9900€0.7m€0.2m▼
Operating profit (loss)9901€0.4m-€0.06m▼
Financial income75/76B€0.003m€0.01m▲
Recurring financial income75€0.003m€0.01m▲
Financial charges65/66B€0.007m€0.006m▼
Recurring financial charges65€0.007m€0.006m▼
Profit (loss) for the period before taxes9903€0.4m-€0.06m▼
Income taxes67/77€0.1m€0.002m▼
Profit (loss) for the period9904€0.3m-€0.06m▼
Profit (loss) for the period to be appropriated9905€0.3m-€0.06m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.8m€0.7m▼
Profit (loss) brought forward from the previous period14P€0.4m€0.8m▲
Profit to be distributed694/7-€0.7m
Return on contributions (dividend)694-€0.7m
Social balance sheet
Average headcount (FTE)90873.03.0=

The notes to these accounts have 6 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 18-06-2026.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€294,548€314,503€343,877€267,316€264,704▼ 1.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,954€10,424€9,575€3,674€4,249€6,979€13,733€20,027▲ 45.8%
Other operating charges640/8---€6,305€5,458€7,129€7,714€6,166▼ 20.1%
Gross operating margin9900€470,587€435,062€365,133€375,064€479,089€365,505€713,938€231,425▼ 67.6%
Operating profit (loss)9901€125,989€79,513€16,030€70,537€154,878€7,520€425,176-€59,473-
Financial income75/76B---€11,710€6,823€7,214€3,397€9,596▲ 182%
Recurring financial income75€291€20,554€3,275€11,710€6,823€7,214€3,397€9,596▲ 182%
Financial charges65/66B---€12,972€11,984€10,919€6,896€6,359▼ 7.8%
Recurring financial charges65€11,065€9,751€11,046€12,972€11,984€10,919€6,896€6,359▼ 7.8%
Profit (loss) for the period before taxes9903€115,215€90,316€8,258€69,275€149,717€3,815€421,677-€56,236-
Income taxes67/77€33,403€47,351€9,335€24,541€61,638€9,953€116,470€1,796▼ 98.5%
Profit (loss) for the period9904€81,812€42,964-€1,077€44,734€88,079-€6,138€305,208-€58,031-
Profit (loss) for the period to be appropriated9905€81,812€42,964-€1,077€44,734€88,079-€6,138€305,208-€58,031-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€0.8m€0.8m€0.7m€1.1m€1.0m€0.7m€1.1m€0.4m▼ 60.8%
Fixed assets21/28€0.02m€0.01m€0.006m€0.009m€0.008m€0.02m€0.02m€0.03m▲ 41.5%
Tangible fixed assets22/27€0.02m€0.01m€0.006m€0.009m€0.008m€0.02m€0.02m€0.03m▲ 41.5%
Plant, machinery and equipment23---€0.009m€0.008m€0.006m€0.005m€0.006m▲ 13.7%
Furniture and vehicles24-----€0.01m€0.01m€0.02m▲ 51.3%
Financial fixed assets28€74€74€74€74€74€74---
Current assets29/58€0.8m€0.8m€0.7m€1.1m€1.0m€0.7m€1.1m€0.4m▼ 62.6%
Stocks and contracts in progress3€0.06m€0.1m€0.1m€0.2m€0.2m€0.3m€0.1m€0.1m▼ 26.8%
Stocks30/36---€0.2m€0.2m€0.3m€0.1m€0.1m▼ 26.8%
Amounts receivable within one year40/41€0.6m€0.5m€0.5m€0.7m€0.6m€0.3m€0.7m€0.3m▼ 60.9%
Trade receivables40---€0.7m€0.6m€0.3m€0.2m€0.2m▲ 6.7%
Other amounts receivable41---€0.001m--€0.5m€0.04m▼ 90.7%
Cash at bank and in hand54/58€0.09m€0.2m€0.04m€0.2m€0.2m€0.1m€0.3m€0.05m▼ 82.8%
Deferred charges and accrued income490/1----€0.003m----
Equity and liabilities
Total equity and liabilities10/49€0.8m€0.8m€0.7m€1.1m€1.0m€0.7m€1.1m€0.4m▼ 60.8%
Equity10/15€0.5m€0.5m€0.4m€0.5m€0.5m€0.5m€0.8m€0.04m▼ 94.6%
Contributions10/11€0.006m€0.006m-€0.006m€0.006m€0.006m€0.006m€0.006m=
Reserves13€0.04m€0.04m€0.04m€0.04m€0.04m€0.04m€0.04m€0.04m=
Non-distributable reserves130/1---€0.002m€0.002m€0.002m€0.002m€0.002m=
Reserves not available under the articles1311---€0.002m€0.002m€0.002m€0.002m€0.002m=
Tax-exempt reserves132---€0.04m€0.04m€0.04m€0.04m€0.04m=
Distributable reserves133---€0.004m€0.004m€0.004m€0.004m€0.004m=
Profit (loss) carried forward14€0.4m€0.4m€0.4m€0.4m€0.5m€0.4m€0.8m-€0.006m-
Amounts payable17/49€0.3m€0.3m€0.2m€0.7m€0.5m€0.2m€0.3m€0.4m▲ 25.7%
Amounts payable within one year42/48€0.3m€0.3m€0.2m€0.7m€0.5m€0.2m€0.3m€0.4m▲ 25.7%
Financial debts43---€0.3m€0.1m-€0.06m--
Credit institutions430/8---€0.3m€0.1m-€0.06m--
Trade debts44€0.1m€0.1m€0.1m€0.3m€0.1m€0.2m€0.2m€0.2m▼ 18.5%
Suppliers440/4---€0.3m€0.1m€0.2m€0.2m€0.2m▼ 18.5%
Advances received on contracts in progress46----€0.1m----
Taxes, remuneration and social security45---€0.08m€0.1m€0.05m€0.06m€0.03m▼ 42.7%
Taxes450/3---€0.04m€0.07m€0.01m€0.03m€0.001m▼ 95.7%
Remuneration and social security454/9---€0.03m€0.04m€0.03m€0.03m€0.03m▲ 3.8%
Other amounts payable47/48---€0.02m€0.05m--€0.2m-
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€81,812€42,964-€1,077€44,734€88,079-€6,138€305,208-€58,031-
+ Depreciation and write-downs630€8,954€10,424€9,575€3,674€4,249€6,979€13,733€20,027▲ 45.8%
Operating cash flow (approximation)€90,767€53,388€8,499€48,407€92,329€841€318,940-€38,004-
Investment in fixed assets (approximation)--€3,048-€1,599-€6,679-€3,136-€19,292-€12,858-€28,176▼ 119%
Change in cash-€68,818-€120,441€137,076-€24,228-€35,705€175,294-€243,680-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 540 companies had the same profile as TECHNOLEC has now. Two years later, 85.9% were still going and 5.2% had gone bankrupt.

  • Micro
  • 20 years or older
  • solvency under 10%
  • a loss of 10% of the balance sheet or more
85.9% was still going
8.3% stopped otherwise
5.2% went bankrupt

Another 0.6% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of TECHNOLEC itself: 1.9% 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.

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 540 companies, not a prediction for TECHNOLEC. 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 24 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 18-06-2026 2026-00170739 PDF
31-12-2024 abbreviated format 19-06-2025 2025-00152179 PDF
31-12-2023 abbreviated format 17-06-2024 2024-00133458 PDF
31-12-2022 abbreviated format 12-06-2023 2023-00118521 PDF
31-12-2021 abbreviated format 30-06-2022 2022-20116674 PDF
31-12-2020 micro format 16-06-2021 2021-20500346 PDF
31-12-2019 abbreviated format 15-06-2020 2020-16800569 PDF
31-12-2018 abbreviated format 20-06-2019 2019-20300138 PDF
31-12-2017 abbreviated format 15-06-2018 2018-19200179 PDF
31-12-2016 abbreviated format 19-06-2017 2017-18600385 PDF

Show all 24 filings

Board & ownership

Directors

Directors
1 director, last change in 2023
MUS Karel Irène Daniël
Director (not named in the articles) · since 01-01-2007 · earlier manager, until 16-11-2023 · term without a fixed end · also on the board of 1 other company · listed in the 2025 annual accounts, filed on 18-06-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 16-11-2023

Owners and capital

Shareholders

1 owner

Chain of control

  1. TECHNOLEC HOLDING 100%
  2. TECHNOLEC

Owners 1

Capital transactions

Capital over time
  1. 16-11-2023 Converted to unavailable equity · €8,060
  2. 16-11-2023 Converted to uncalled contributions · €12,400

Mandate history

1 person, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
MUS Karel Irène Daniël
  • Manager, until 16-11-2023
  • Director (not named in the articles), since before 16-11-2023
See the board, name and registered office on a given date →

Network & group

Companies at the same address

11 other companies

Connections & network

1 connected company
Depth

The connected companies are in the list below.

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
DE E-HANDEL
via MUS Karel Irène Daniël · Director (not named in the articles)
→

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
18-06
NBB filing Annual accounts 2025 filedNBB
abbreviated format · 43 days before the deadline
2025
31-12
Financial Weakest financial yearnet -€58,031
The net result drops to -€58,031, the lowest from 2018 to 2025.
19-06
NBB filing Annual accounts 2024 filedPDF
abbreviated format · 42 days before the deadline
2024
31-12
Financial Back to profitnet €305,208
The net result is €305,208, after one loss-making year.
31-12
Financial Equity above €500,000equity €801,278 ▲61.5%
Equity rises from €496,070 to €801,278.
17-06
NBB filing Annual accounts 2023 filedPDF
abbreviated format · 44 days before the deadline
2023
16-11
Gazette deed Resignation: MUS Karel Irène Daniël (manager)
Reappointment: MUS Karel Irène Daniël (director) · Amendment of the articles · Capital conversion14 points ▸
  • General meeting, 10-11-2023
  • Amendment of the articles, mentioned 3 times in the deed
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Capital conversion, “eigen vermogensrekening niet-opgevraagde inbrengen” (deed in Dutch)
  • Reserve release, “overeenkomstig de vormen en meerderheden van de statutenwijziging, opheffen en middelen beschikbaar maken voor uitkering” (deed in Dutch)
  • Other provision, “opheffing rekening niet opgevraagde inbrengen en vrijstelling volstorting, rekening niet opgevraagde inbrengen opheffen” (deed in Dutch)
  • Net-asset statement, EUR, “artikel 5:142 WVV” (deed in Dutch)
  • Other provision, “ongewijzigde bepalingen en nieuwe statuten tekst, algemene vergadering verklaart en besluit dat tekst van nieuwe statuten van de besloten vennootschap luidt als…” (deed in Dutch)
  • Kind of shares, 186, “ieder aandeel geeft een gelijk recht in de winstverdeling en in het vereffeningsaldo” (deed in Dutch)
  • Power of attorney, Frits GUISSON
  • Director resignation, MUS Karel Irène Daniël (manager)
  • Director reappointment, MUS Karel Irène Daniël (director (not named in the articles))
  • The act holds 2 more points.

Open the act in the Belgian Official Gazette

12-06
NBB filing Annual accounts 2022 filedPDF
abbreviated format · 49 days before the deadline
2022
31-12
Financial Equity above €500,000equity €502,209 ▲8.2%
After 2 profitable years in a row, equity reaches €502,209.
30-06
NBB filing Annual accounts 2021 filedPDF
abbreviated format · 31 days before the deadline
2021
31-12
Financial Back to profitnet €44,734
The net result is €44,734, after one loss-making year.
16-06
NBB filing Annual accounts 2020 filedPDF
micro format · 45 days before the deadline
Show earlier events
2020
15-06
NBB filing Annual accounts 2019 filedPDF
abbreviated format · 46 days before the deadline
2019
20-06
NBB filing Annual accounts 2018 filedPDF
abbreviated format · 41 days before the deadline
2018
15-06
NBB filing Annual accounts 2017 filedPDF
abbreviated format · 46 days before the deadline
2017
19-06
NBB filing Annual accounts 2016 filedPDF
abbreviated format · 42 days before the deadline
Financial milestoneGazette deedNBB filingFinancial 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 8 May 2001, TECHNOLEC was incorporated.1 Total assets went from €782,462 in 2018 to €436,651 in 2025 and headcount from 4.1 to 3 full-time equivalents.2

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

Company details

Register details

Identity

KBO record
Name TECHNOLEC in Dutch
Enterprise number 0474.770.557
Legal form Private limited company
Status Active, normale toestand
Founded 08-05-2001
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 16-11-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaamse Gewest, bestuursorgaan”
“Vlaamse Gewest”
deed of 16-11-2023 (in Dutch)

Registered office and establishments

Registered office Hoogkamerstraat 337, 9140 Temse, Belgium
Establishment unit TECHNOLEC, Hoogkamerstraat 337, 9140 Temse since 25-05-2001 · unit number 2.093.190.318

Activities

NACEBEL 2025
VAT activities
46643 Wholesale of electrical equipment, including installation materials main activity
Social security (RSZ) activities
46643 Wholesale of electrical equipment, including installation materials main activity
Codes under NACEBEL 2008
VAT activities
46693 Wholesale trade main activity
Social security (RSZ) activities
46693 Wholesale trade main activity
Codes under NACEBEL 2003
VAT activities
51871 main activity
Social security (RSZ) activities
51871 main activity
Joint committees 111 Paritair Comité voor de metaal-, machine- en elektrische bouw
200 Aanvullend Paritair Comité voor de bedienden annual accounts 2024
PurposeThe purpose describes the activities the company may carry out under its articles.
“De studie,het ontwerp,de fabricatie,de plaatsing,de vertegenwoordiging en de aan- en verkoop van elektro-technisch en industrieel materieel…”
Text of the purpose

“De studie,het ontwerp,de fabricatie,de plaatsing,de vertegenwoordiging en de aan- en verkoop van elektro-technisch en industrieel materieel en meer in het bijzonder van materieel voor elektrische uitrusting.”

deed of 16-11-2023 (in Dutch)

Invoicing and payment

VAT number BE 0474.770.557
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0474770557
Other Peppol ID 9925:BE0474770557

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 3 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Friday of June at 20:00
deed of 16-11-2023 (in Dutch)

Sites & property

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

Buildings and parcels at the address

Ground area
5,354 m²
Building footprint
1,770 m²
Building volume
14,642 m³
Cadastral parcel Region Area Buildings Height / floors
46025B0372/00F002 Flanders 5,354 m² 1 · 1,770 m² 9.8 m · 3