Technology Artisans
ActiveSummary
Technology Artisans has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58k and a net result of €14k. Equity is growing by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 59% of 7780 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability87▲+17
Solvency86▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 2.79 against 3.39 in 2024; short-term debt: 26.3% and cash: 35.5% of total assets), and 39% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
61%
Return on assets
14.4%
Age of the figures
9 mo
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 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 d early
2024
64 d early
2023
13 d late
2022
on the day
2021
44 d early
2020
25 d early
2019
21 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€58k▲ 30.9%
2024 · €44k
2018: €29k
2019: €29k▼ -1.5% vs 2018lowest in 8 years
2020: €37k▲ +29.3% vs 2019
2021: €39k▲ +5.0% vs 2020
2022: €31k▼ -20.3% vs 2021
2023: €43k▲ +38.6% vs 2022
2024: €44k▲ +1.5% vs 2023
2025: €58k▲ +30.9% vs 2024highest in 8 years
2018 → 2025
Total assets
€94k▲ 22.1%
2024 · €77k
2018: €48k
2019: €44k▼ -9.7% vs 2018lowest in 8 years
2020: €55k▲ +25.5% vs 2019
2021: €54k▼ -1.3% vs 2020
2022: €48k▼ -11.1% vs 2021
2023: €58k▲ +20.6% vs 2022
2024: €77k▲ +33.4% vs 2023
2025: €94k▲ +22.1% vs 2024highest in 8 years
2018 → 2025
Net result
€14k▲ 2,060%
2024 · €630
2018: €15khighest in 8 years
2019: €1k▼ -91.9% vs 2018
2020: €10k▲ +752% vs 2019
2021: €2k▼ -81.4% vs 2020
2022: €-8k▼ -527% vs 2021lowest in 8 years
2023: €12k▲ +251% vs 2022
2024: €630▼ -94.8% vs 2023
2025: €14k▲ +2060% vs 2024
2018 → 2025
Working capital
€44k▲ 21.6%
2024 · €37k
2018: €26k
2019: €26k▼ -0.2% vs 2018lowest in 8 years
2020: €35k▲ +32.1% vs 2019
2021: €34k▼ -3.4% vs 2020
2022: €28k▼ -17.7% vs 2021
2023: €40k▲ +43.8% vs 2022
2024: €37k▼ -8.2% vs 2023
2025: €44k▲ +21.6% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€39k-€31k▼ 20.3%€43k▲ 38.6%€44k▲ 1.5%€58k▲ 30.9%
2021: €39k
2022: €31k▼ -20.3% vs 2021lowest in 5 years
2023: €43k▲ +38.6% vs 2022
2024: €44k▲ +1.5% vs 2023
2025: €58k▲ +30.9% vs 2024highest in 5 years
Operating result€4k-€-7k€16k€3k▼ 84.3%€19k▲ 635%
2021: €4k
2022: €-7k▼ -273% vs 2021lowest in 5 years
2023: €16k▲ +340% vs 2022
2024: €3k▼ -84.3% vs 2023
2025: €19k▲ +635% vs 2024highest in 5 years
Net result€2k-€-8k€12k€630▼ 94.8%€14k▲ 2,060%
2021: €2k
2022: €-8k▼ -527% vs 2021lowest in 5 years
2023: €12k▲ +251% vs 2022
2024: €630▼ -94.8% vs 2023
2025: €14k▲ +2060% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 635% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €94k
Fixed assets
€25k ▼ 1.6%
Current assets
€69k ▲ 33.7%
Equity and liabilities €94k
Equity
€58k ▲ 30.9%
Debt
€37k ▲ 10.4%
Debt's share of the balance-sheet total falls from 43.1% to 39.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€26k▲
2024 · €9k
Cash flow
€21k▲
2024 · €7k
Current ratio
2.79▼
2024 · 3.39
Debt to equity
0.64▼
2024 · 0.76
ROE
23.6%▲
2024 · 1.4%
ROA
14.4%▲
2024 · 0.8%
Interest coverage
21.91▲
2024 · 7.51
Debt ≤ 1 year
€25k▲
2024 · €15k
Debt > 1 year
€12k▼
2024 · €17k
Income taxes
€6k▲
2024 · €982
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 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€77k€94k▲
Fixed assets21/28€25k€25k▼
Tangible fixed assets22/27€25k€25k▼
Furniture and vehicles24€4k€8k▲
Leasing and similar rights25€22k€17k▼
Current assets29/58€52k€69k▲
Amounts receivable within one year40/41€16k€33k▲
Trade receivables40€9k€18k▲
Other amounts receivable41€7k€15k▲
Cash at bank and in hand54/58€32k€33k▲
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€77k€94k▲
Equity10/15€44k€58k▲
Contributions10/11€6k€6k=
Reserves13€25k€38k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€25k€38k▲
Profit (loss) carried forward14€13k€13k=
Amounts payable17/49€33k€37k▲
Amounts payable after more than one year17€17k€12k▼
Financial debts170/4€17k€12k▼
Amounts payable within one year42/48€15k€25k▲
Current portion of amounts payable after more than one year42€5k€5k▲
Financial debts43€422-
Credit institutions430/8€422-
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Taxes, remuneration and social security45€8k€14k▲
Taxes450/3€5k€11k▲
Remuneration and social security454/9€3k€3k=
Accrued charges and deferred income492/3€960-
Income statement
Code20242025
Non-recurring operating income76A€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€8k▲
Other operating charges640/8€914€400▼
Gross operating margin9900€10k€27k▲
Operating profit (loss)9901€3k€19k▲
Financial income75/76B€244€2k▲
Recurring financial income75€244€2k▲
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€2k€19k▲
Income taxes67/77€982€6k▲
Profit (loss) for the period9904€630€14k▲
Profit (loss) for the period to be appropriated9905€630€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€14k€27k▲
Profit (loss) brought forward from the previous period14P€13k€13k=
Transfer to equity691/2€630€14k▲
To other reserves6921€630€14k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €2k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €3k | €2k | €6k | €8k | ▲ 17.6% |
| Other operating charges640/8 | €546 | €611 | €604 | €914 | €400 | ▼ 56.3% |
| Gross operating margin9900 | €6k | €-3k | €19k | €10k | €27k | ▲ 171% |
| Operating profit (loss)9901 | €4k | €-7k | €16k | €3k | €19k | ▲ 635% |
| Financial income75/76B | €0 | €11 | €297 | €244 | €2k | ▲ 648% |
| Recurring financial income75 | €0 | €11 | €297 | €244 | €2k | ▲ 648% |
| Financial charges65/66B | €857 | €1k | €1k | €1k | €1k | ▲ 0.8% |
| Recurring financial charges65 | €857 | €1k | €1k | €1k | €1k | ▲ 0.8% |
| Profit (loss) for the period before taxes9903 | €3k | €-8k | €15k | €2k | €19k | ▲ 1,106% |
| Income taxes67/77 | €1k | €120 | €3k | €982 | €6k | ▲ 494% |
| Profit (loss) for the period9904 | €2k | €-8k | €12k | €630 | €14k | ▲ 2,060% |
| Profit (loss) for the period to be appropriated9905 | €2k | €-8k | €12k | €630 | €14k | ▲ 2,060% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €54k | €48k | €58k | €77k | €94k | ▲ 22.1% |
| Fixed assets21/28 | €6k | €4k | €4k | €25k | €25k | ▼ 1.6% |
| Tangible fixed assets22/27 | €6k | €4k | €4k | €25k | €25k | ▼ 1.6% |
| Furniture and vehicles24 | €6k | €4k | €4k | €4k | €8k | ▲ 135% |
| Leasing and similar rights25 | - | - | - | €22k | €17k | ▼ 23.7% |
| Current assets29/58 | €48k | €44k | €54k | €52k | €69k | ▲ 33.7% |
| Amounts receivable within one year40/41 | €7k | €21k | €16k | €16k | €33k | ▲ 110% |
| Trade receivables40 | €5k | €13k | €12k | €9k | €18k | ▲ 103% |
| Other amounts receivable41 | €2k | €8k | €3k | €7k | €15k | ▲ 118% |
| Current investments50/53 | €10k | €6k | €0 | - | - | - |
| Cash at bank and in hand54/58 | €31k | €15k | €38k | €32k | €33k | ▲ 4.6% |
| Deferred charges and accrued income490/1 | €1k | €2k | €1k | €4k | €3k | ▼ 30.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €54k | €48k | €58k | €77k | €94k | ▲ 22.1% |
| Equity10/15 | €39k | €31k | €43k | €44k | €58k | ▲ 30.9% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €12k | €12k | €24k | €25k | €38k | ▲ 55.2% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €0 | - | - |
| Distributable reserves133 | €10k | €10k | €22k | €25k | €38k | ▲ 55.2% |
| Profit (loss) carried forward14 | €21k | €13k | €13k | €13k | €13k | = |
| Amounts payable17/49 | €15k | €17k | €15k | €33k | €37k | ▲ 10.4% |
| Amounts payable after more than one year17 | - | - | - | €17k | €12k | ▼ 30.1% |
| Financial debts170/4 | - | - | - | €17k | €12k | ▼ 30.1% |
| Amounts payable within one year42/48 | €15k | €17k | €15k | €15k | €25k | ▲ 62.6% |
| Current portion of amounts payable after more than one year42 | €1k | €0 | - | €5k | €5k | ▲ 4.3% |
| Financial debts43 | €151 | €0 | €60 | €422 | - | - |
| Credit institutions430/8 | €151 | €0 | €60 | €422 | - | - |
| Trade debts44 | €310 | €5k | €2k | €2k | €5k | ▲ 252% |
| Suppliers440/4 | €310 | €5k | €2k | €2k | €5k | ▲ 252% |
| Taxes, remuneration and social security45 | €13k | €12k | €12k | €8k | €14k | ▲ 69.9% |
| Taxes450/3 | €10k | €9k | €9k | €5k | €11k | ▲ 108% |
| Remuneration and social security454/9 | €3k | €3k | €3k | €3k | €3k | = |
| Other amounts payable47/48 | €0 | - | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €960 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €-8k | €12k | €630 | €14k | ▲ 2,060% |
| + Depreciation and write-downs630 | €2k | €3k | €2k | €6k | €8k | ▲ 17.6% |
| Operating cash flow (approximation) | €4k | €-5k | €14k | €7k | €21k | ▲ 201% |
| Investment in fixed assets (approximation) | - | €-634 | €-2k | €-28k | €-7k | ▲ 74.9% |
| Change in cash | - | €-16k | €23k | €-6k | €1k | ▲ 127% |
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
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Brussel · 1 establishment unit since 2009
Ground area
151 m²
Building footprint
87 m²
Volume, LiDAR
921 m³
Parcel 21816G0105/00X008, Brussels · tallest building 14.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Technology Artisans
since 20092.184.230.756
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21816G0105/00X008 | Brussels | 151 m² | 1 · 87 m² | 14.7 m · 4 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 24,515 companies in sector 82990 we hold annual accounts for 9,408. 6,998 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
Founded10-12-2009
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.