TECHNOLEC
ActiveSummary
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
- MUS Karel Irène DaniëlDirector · since 01-01-2007
- TECHNOLEC HOLDING100%· score 982025 annual accounts of TECHNOLEC HOLDING
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.9%
- 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
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
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)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 18-06-2026 at the NBB all 24 filings
Every figure per financial year
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.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 4 | 4 | 3 | 3 | 3 |
| full-time | 4 | 3 | 3 | 3 | 3 |
| part-time | - | 1 | - | - | - |
| in full-time equivalents | 4 | 3.4 | 3 | 3 | 3 |
| Average over the year, in full-time equivalents | 3.4 | 3.4 | 3.8 | 3 | 3 |
| On a permanent contract | 4 | 4 | 3 | 3 | 3 |
| Joined | - | - | 0 | - | - |
| Left | - | - | 1 | - | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| 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
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| 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 | Awarded | Paid |
|---|---|---|---|
| 2023 | 1 | €855 | €855 |
| 2022 | 1 | €1,704 | €1,704 |
Public contracts
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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| 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 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| 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 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| 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.
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
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.
| 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 | |
| 31-12-2024 | abbreviated format | 19-06-2025 | 2025-00152179 | |
| 31-12-2023 | abbreviated format | 17-06-2024 | 2024-00133458 | |
| 31-12-2022 | abbreviated format | 12-06-2023 | 2023-00118521 | |
| 31-12-2021 | abbreviated format | 30-06-2022 | 2022-20116674 | |
| 31-12-2020 | micro format | 16-06-2021 | 2021-20500346 | |
| 31-12-2019 | abbreviated format | 15-06-2020 | 2020-16800569 | |
| 31-12-2018 | abbreviated format | 20-06-2019 | 2019-20300138 | |
| 31-12-2017 | abbreviated format | 15-06-2018 | 2018-19200179 | |
| 31-12-2016 | abbreviated format | 19-06-2017 | 2017-18600385 |
Board & ownership
Directors
Owners and capital
Shareholders
1 ownerChain of control
- TECHNOLEC HOLDING
- TECHNOLEC
Owners 1
- TECHNOLEC HOLDINGparentEquity €1.7m Profit of €691,767 in 2025 (profit of €68,760 in 2024) Checked score 98100%
Capital transactions
- 16-11-2023 Converted to unavailable equity · €8,060
- 16-11-2023 Converted to uncalled contributions · €12,400
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| MUS Karel Irène Daniël |
|
Network & group
Companies at the same address
11 other companies- LOGIROUTE Registered office · since 2025 1025785292
- Navia Logistics Registered office · since 2025 1024443922
- Logicon Registered office · since 2024 1009203737
- ReCrewtment Establishment · since 2018 0633875006
- PMC PA SOLUTIONS Registered office · since 2018 0711850435
- SD Worx People Solutions Establishment · since 2017 0450864215
- Pobos Establishment · since 2016 0656914583
- TECHNOLEC HOLDING Registered office · since 2006 0886135778
- SD Worx Sociaal Secretariaat VZW Establishment · since 2006 0407139583
- KAST-ID Registered office · since 1999 0465502703
Connections & network
1 connected companyThe connected companies are in the list below.
Timeline
Acts, filings and financial milestones
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.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
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.”
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 46025B0372/00F002 | Flanders | 5,354 m² | 1 · 1,770 m² | 9.8 m · 3 |