Technological Innovations Group
ActiveSummary
Technological Innovations Group has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25.39M and a net result of €4.26M. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 68% of 3187 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▲+40
Solvency98▲+8
Growth44▲+4
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.47 against 1.59 in 2024; short-term debt: 5.2% and cash: 1.7% of total assets), and 27% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
73%
Return on assets
12.2%
Age of the figures
15 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 · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-12-2025, 39 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
39 d early
2024
46 d early
2023
43 d early
2022
on the day
2021
30 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema, statutory accounts
Turnover
€51k▲ 8.2%
2023 · €47k
2020: €56k
2021: €1.28M
2022: €447k
2023: €47k
2020 → 2025
EBIT margin
391.1%▲ 241.6pp
2023 · 149.5%
2020: 212.3%
2021: 33.8%
2022: 45.1%
2023: 149.5%
2020 → 2025
Net result
€4.26M▲ 2,872%
2024 · €143k
2019: €5.05M
2020: €1.34M
2021: €3.85M
2022: €2.07M
2023: €271k
2024: €143k
2019 → 2025
Working capital
€2.68M▲ 176%
2024 · €973k
2019: €-3.14M
2020: €714k
2021: €-2.69M
2022: €297k
2023: €877k
2024: €973k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.28M-€447k▼ 65.1%€47k▼ 89.4%€51k
Equity€19.18M-€21.24M▲ 10.7%€21.50M▲ 1.2%€21.46M▼ 0.1%€25.39M▲ 18.3%
Operating result€432k-€202k▼ 53.3%€71k▼ 65.0%€20k▼ 72.2%€200k▲ 919%
Net result€3.85M-€2.07M▼ 46.2%€271k▼ 86.9%€143k▼ 47.2%€4.26M▲ 2,872%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 919% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €34.76M
Fixed assets
€30.26M ▼ 0.7%
Current assets
€4.51M ▲ 72.1%
Equity and liabilities €34.76M
Equity
€25.39M ▲ 18.3%
Debt
€9.38M ▼ 19.4%
Debt's share of the balance-sheet total falls from 35.1% to 27.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€478k▲
2024 · €382k
Cash flow
€4.53M▲
2024 · €506k
Current ratio
2.47▲
2024 · 1.59
Debt to equity
0.37▼
2024 · 0.54
ROE
16.8%▲
2024 · 0.7%
ROA
12.2%▲
2024 · 0.4%
Interest coverage
2.41▲
2024 · 1.16
Debt ≤ 1 year
€1.82M▲
2024 · €1.65M
Debt > 1 year
€7.56M▼
2024 · €9.98M
Income taxes
€7k▲
2024 · €5k
Staff costs
€1.67M▼
2024 · €2.09M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 77 lines
Balance sheet
Code20242025
Assets
Total assets20/58€33.09M€34.76M▲
Fixed assets21/28€30.48M€30.26M▼
Intangible fixed assets21€11k€1k▼
Tangible fixed assets22/27€1.50M€1.29M▼
Land and buildings22€1.34M€1.12M▼
Plant, machinery and equipment23€27k€21k▼
Furniture and vehicles24€117k€141k▲
Other tangible fixed assets26€15k€11k▼
Financial fixed assets28€28.97M€28.97M=
Affiliated companies280/1€28.97M€28.97M=
Participating interests280€28.97M€28.97M=
Current assets29/58€2.62M€4.51M▲
Amounts receivable within one year40/41€1.36M€3.78M▲
Trade receivables40€1.17M€2.11M▲
Other amounts receivable41€187k€1.67M▲
Current investments50/53€57k-
Other investments51/53€57k-
Cash at bank and in hand54/58€461k€600k▲
Deferred charges and accrued income490/1€739k€127k▼
Equity and liabilities
Total equity and liabilities10/49€33.09M€34.76M▲
Equity10/15€21.46M€25.39M▲
Contributions10/11€50k€50k=
Reserves13€21.10M€21.10M=
Non-distributable reserves130/1€100k€100k=
Reserves not available under the articles1311€100k€100k=
Distributable reserves133€21.00M€21.00M=
Profit (loss) carried forward14€292k€4.21M▲
Investment grants15€23k€22k▼
Amounts payable17/49€11.63M€9.38M▼
Amounts payable after more than one year17€9.98M€7.56M▼
Financial debts170/4€4.00M€3.54M▼
Credit institutions173€460k-
Other loans174€3.54M€3.54M=
Other amounts payable178/9€5.98M€4.01M▼
Amounts payable within one year42/48€1.65M€1.82M▲
Current portion of amounts payable after more than one year42€268k€12k▼
Financial debts43-€1.35M
Credit institutions430/8-€1.35M
Trade debts44€135k€75k▼
Suppliers440/4€135k€75k▼
Taxes, remuneration and social security45€726k€385k▼
Taxes450/3€52k€38k▼
Remuneration and social security454/9€673k€347k▼
Other amounts payable47/48€517k-
Income statement
Code20242025
Operating income70/76A€3.96M€3.26M▼
Turnover70-€51k
Other operating income74€3.96M€3.21M▼
Non-recurring operating income76A€83€702▲
Operating charges60/66A€3.94M€3.06M▼
Goods for resale, raw materials and consumables60€213k€21k▼
Purchases600/8€75k€21k▼
Change in stocks: decrease (increase)609€139k-
Services and other goods61€1.22M€1.07M▼
Remuneration, social security and pensions62€2.09M€1.67M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€363k€278k▼
Other operating charges640/8€21k€20k▼
Non-recurring operating charges66A€25k€2k▼
Operating profit (loss)9901€20k€200k▲
Financial income75/76B€477k€4.27M▲
Recurring financial income75€477k€4.27M▲
Income from financial fixed assets750€250k€4.25M▲
Income from current assets751€7k€10k▲
Other financial income752/9€220k€13k▼
Financial charges65/66B€348k€211k▼
Recurring financial charges65€348k€211k▼
Debt charges650€330k€199k▼
Other financial charges652/9€18k€12k▼
Profit (loss) for the period before taxes9903€148k€4.26M▲
Income taxes67/77€5k€7k▲
Taxes670/3€5k€7k▲
Profit (loss) for the period9904€143k€4.26M▲
Profit (loss) for the period to be appropriated9905€143k€4.26M▲
Appropriation of the result
Profit (loss) to be appropriated9906€459k€4.55M▲
Profit (loss) brought forward from the previous period14P€316k€292k▼
Profit to be distributed694/7€167k€333k▲
Return on contributions (dividend)694€167k€333k▲
Social balance
Average headcount (FTE)908714.114.5▲
The notes to these accounts (67 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-01
NBB filing
Annual accounts filed
fiscal year 2025 · consolidated
2025
23-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
30-06
Financial
Equity above €25MEq €25.39M ▲18.3%
7 profitable years in a row build equity to €25.39M.
2024
16-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
16-12
NBB filing
Annual accounts filed
fiscal year 2024 · consolidated
03-09
NBB filing
Annual accounts filed
fiscal year 2023 · consolidated
30-06
Financial
Weakest financial yearnet €143k ▼47.2%
Net result drops to €143k, the lowest in the series; recovery starts the following year.
2023
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
18-12
NBB filing
Annual accounts filed
fiscal year 2022 · consolidated
18-12
NBB filing
Annual accounts filed
fiscal year 2021 · consolidated · 30 days late
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
02-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2020
30-06
Financial
Liquidity triplescurrent ratio 1.16
Current ratio from 0.36 to 1.16; short-term debt falls from €4.93M to €4.43M.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Bonheiden · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Oude Keerbergsebaan 42820 BonheidenGround area
4,935 m²
Building footprint
491 m²
Volume, LiDAR
3,555 m³
Parcel 12031C0281/00P002, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Technological Innovations Group
since 20142.231.354.643
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12031C0281/00P002 | Flanders | 4,935 m² | 1 · 491 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 9,065 EUR awarded · 9,344 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 3,137 EUR | 3,137 EUR |
| 2024 | 2 | 3,178 EUR | 3,457 EUR |
| 2023 | 1 | 758 EUR | 758 EUR |
| 2022 | 2 | 1,992 EUR | 1,992 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 5,699 companies in sector 70100 we hold annual accounts for 3,494. 573 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded16-05-2014
Fiscal year end30-06
Activities, NACEBEL 2025
46500Wholesale of information and communication equipment
70100Activities of head offices
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.