TECHNOLOGY FACTORY
ActiveSummary
TECHNOLOGY FACTORY has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46k and a net result of €29k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 10407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability57▲+44
Solvency29▲+3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.93 against 1.94 in 2024; short-term debt: 30.4% and cash: 0.1% of total assets), but 96% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more 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
4%
Return on assets
2.6%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 10407 sector peers (2025).
NBB · sector comparisonPosition among 10407 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
3 d late
2022
2 d late
2021
5 d late
2020
on the day
2019
20 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€46k▲ 182%
2024 · €16k
2018: €-119k
2019: €-160k▼ -34.7% vs 2018lowest in 8 years
2020: €-95k▲ +40.4% vs 2019
2021: €-13k▲ +85.8% vs 2020
2022: €55k▲ +508% vs 2021
2023: €71k▲ +28.5% vs 2022highest in 8 years
2024: €16k▼ -77.2% vs 2023
2025: €46k▲ +182% vs 2024
2018 → 2025
Total assets
€1.13M▼ 0.3%
2024 · €1.13M
2018: €381k
2019: €337k▼ -11.5% vs 2018lowest in 8 years
2020: €351k▲ +4.0% vs 2019
2021: €420k▲ +19.6% vs 2020
2022: €560k▲ +33.5% vs 2021
2023: €1.19M▲ +112% vs 2022highest in 8 years
2024: €1.13M▼ -4.9% vs 2023
2025: €1.13M▼ -0.3% vs 2024
2018 → 2025
Net result
€29k
2024 · €-55k
2018: €-52k
2019: €-41k▲ +21.0% vs 2018
2020: €65k▲ +257% vs 2019
2021: €82k▲ +26.6% vs 2020highest in 8 years
2022: €69k▼ -16.3% vs 2021
2023: €16k▼ -77.1% vs 2022
2024: €-55k▼ -448% vs 2023lowest in 8 years
2025: €29k▲ +154% vs 2024
2018 → 2025
Working capital
€318k▼ 0.1%
2024 · €318k
2018: €100k
2019: €62k▼ -38.2% vs 2018lowest in 8 years
2020: €107k▲ +72.2% vs 2019
2021: €171k▲ +60.4% vs 2020
2022: €284k▲ +65.8% vs 2021
2023: €353k▲ +24.4% vs 2022highest in 8 years
2024: €318k▼ -9.9% vs 2023
2025: €318k▼ -0.1% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-13k-€55k€71k▲ 28.5%€16k▼ 77.2%€46k▲ 182%
2021: €-13klowest in 5 years
2022: €55k▲ +508% vs 2021
2023: €71k▲ +28.5% vs 2022highest in 5 years
2024: €16k▼ -77.2% vs 2023
2025: €46k▲ +182% vs 2024
Operating result€93k-€79k▼ 14.8%€35k▼ 56.4%€-35k€46k
2021: €93khighest in 5 years
2022: €79k▼ -14.8% vs 2021
2023: €35k▼ -56.4% vs 2022
2024: €-35k▼ -201% vs 2023lowest in 5 years
2025: €46k▲ +233% vs 2024
Net result€82k-€69k▼ 16.3%€16k▼ 77.1%€-55k€29k
2021: €82khighest in 5 years
2022: €69k▼ -16.3% vs 2021
2023: €16k▼ -77.1% vs 2022
2024: €-55k▼ -448% vs 2023lowest in 5 years
2025: €29k▲ +154% vs 2024
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 returns to profit in 2025: €46k after a loss of €35k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.13M
Fixed assets
€467k ▼ 1.5%
Current assets
€662k ▲ 0.5%
Equity and liabilities €1.13M
Equity
€46k ▲ 182%
Provisions
€20k =
Debt
€1.06M ▼ 3.0%
Debt's share of the balance-sheet total falls from 96.8% to 94.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€83k▲
2024 · €-5k
Cash flow
€66k▲
2024 · €-25k
Current ratio
1.93▼
2024 · 1.94
Quick ratio
0.06▼
2024 · 0.07
Debt to equity
23.36▼
2024 · 67.94
ROE
64.5%▲
2024 · -338.2%
ROA
2.6%▲
2024 · -4.8%
Interest coverage
4.25▲
2024 · -0.24
Debt ≤ 1 year
€344k▲
2024 · €340k
Debt > 1 year
€719k▼
2024 · €754k
Staff costs
€10k
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 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.13M€1.13M▼
Fixed assets21/28€474k€467k▼
Tangible fixed assets22/27€473k€466k▼
Land and buildings22€450k€431k▼
Plant, machinery and equipment23€17k€15k▼
Furniture and vehicles24€6k€20k▲
Financial fixed assets28€812€812=
Current assets29/58€658k€662k▲
Stocks and contracts in progress3€635k€641k▲
Stocks30/36€635k€641k▲
Amounts receivable within one year40/41€16k€20k▲
Trade receivables40€16k€20k▲
Cash at bank and in hand54/58€7k€618▼
Equity and liabilities
Total equity and liabilities10/49€1.13M€1.13M▼
Equity10/15€16k€46k▲
Contributions10/11€19k€19k=
Reserves13€52k€52k=
Distributable reserves133€52k€52k=
Profit (loss) carried forward14€-55k€-25k▲
Provisions and deferred taxes16€20k€20k=
Provisions for liabilities and charges160/5€20k€20k=
Pensions and similar obligations160€20k€20k=
Amounts payable17/49€1.10M€1.06M▼
Amounts payable after more than one year17€754k€719k▼
Financial debts170/4€754k€719k▼
Amounts payable within one year42/48€340k€344k▲
Current portion of amounts payable after more than one year42€35k€33k▼
Financial debts43€926€5k▲
Credit institutions430/8€926€5k▲
Trade debts44€83k€58k▼
Suppliers440/4€83k€58k▼
Advances received on contracts in progress46€7k€25k▲
Taxes, remuneration and social security45€11k€16k▲
Taxes450/3€11k€12k▲
Remuneration and social security454/9-€4k
Other amounts payable47/48€203k€207k▲
Accrued charges and deferred income492/3€2k€862▼
Income statement
Code20242025
Remuneration, social security and pensions62-€10k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€37k▲
Other operating charges640/8€6k€5k▼
Gross operating margin9900€564€99k▲
Operating profit (loss)9901€-35k€46k▲
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Financial charges65/66B€22k€20k▼
Recurring financial charges65€22k€20k▼
Profit (loss) for the period before taxes9903€-55k€29k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-55k€29k▲
Profit (loss) for the period to be appropriated9905€-55k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-55k€-25k▲
Profit (loss) brought forward from the previous period14P-€-55k
Social balance
Average headcount (FTE)9087-0.3
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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €10k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21k | €22k | €14k | €29k | €37k | ▲ 25.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €181 | - | - | - | - | - |
| Other operating charges640/8 | €4k | €3k | €3k | €6k | €5k | ▼ 19.4% |
| Gross operating margin9900 | €118k | €105k | €52k | €564 | €99k | ▲ 17,368% |
| Operating profit (loss)9901 | €93k | €79k | €35k | €-35k | €46k | ▲ 233% |
| Financial income75/76B | €5k | €6k | €5k | €3k | €3k | ▲ 6.5% |
| Recurring financial income75 | €5k | €6k | €5k | €3k | €3k | ▲ 6.5% |
| Financial charges65/66B | €15k | €14k | €22k | €22k | €20k | ▼ 12.2% |
| Recurring financial charges65 | €15k | €14k | €22k | €22k | €20k | ▼ 12.2% |
| Profit (loss) for the period before taxes9903 | €82k | €72k | €17k | €-55k | €29k | ▲ 154% |
| Income taxes67/77 | €652 | €3k | €2k | €0 | - | - |
| Profit (loss) for the period9904 | €82k | €69k | €16k | €-55k | €29k | ▲ 154% |
| Transfer from tax-exempt reserves789 | €6k | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €88k | €69k | €16k | €-55k | €29k | ▲ 154% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €420k | €560k | €1.19M | €1.13M | €1.13M | ▼ 0.3% |
| Fixed assets21/28 | €58k | €44k | €486k | €474k | €467k | ▼ 1.5% |
| Tangible fixed assets22/27 | €57k | €44k | €486k | €473k | €466k | ▼ 1.5% |
| Land and buildings22 | - | - | €466k | €450k | €431k | ▼ 4.2% |
| Plant, machinery and equipment23 | €12k | €15k | €14k | €17k | €15k | ▼ 15.7% |
| Furniture and vehicles24 | €11k | €8k | €5k | €6k | €20k | ▲ 260% |
| Leasing and similar rights25 | €34k | €20k | - | - | - | - |
| Financial fixed assets28 | €812 | €812 | €812 | €812 | €812 | = |
| Current assets29/58 | €362k | €516k | €704k | €658k | €662k | ▲ 0.5% |
| Stocks and contracts in progress3 | €345k | €478k | €669k | €635k | €641k | ▲ 0.9% |
| Stocks30/36 | €345k | €478k | €669k | €635k | €641k | ▲ 0.9% |
| Amounts receivable within one year40/41 | €16k | €25k | €25k | €16k | €20k | ▲ 21.1% |
| Trade receivables40 | €5k | €18k | €25k | €16k | €20k | ▲ 21.1% |
| Other amounts receivable41 | €10k | €7k | - | - | - | - |
| Cash at bank and in hand54/58 | €2k | €13k | €10k | €7k | €618 | ▼ 90.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €420k | €560k | €1.19M | €1.13M | €1.13M | ▼ 0.3% |
| Equity10/15 | €-13k | €55k | €71k | €16k | €46k | ▲ 182% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €5k | €36k | €52k | €52k | €52k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | - | - | - |
| Distributable reserves133 | €3k | €35k | €50k | €52k | €52k | = |
| Profit (loss) carried forward14 | €-37k | - | - | €-55k | €-25k | ▲ 53.8% |
| Provisions and deferred taxes16 | €20k | €20k | €20k | €20k | €20k | = |
| Provisions for liabilities and charges160/5 | €20k | €20k | €20k | €20k | €20k | = |
| Pensions and similar obligations160 | €20k | €20k | €20k | €20k | €20k | = |
| Amounts payable17/49 | €414k | €486k | €1.10M | €1.10M | €1.06M | ▼ 3.0% |
| Amounts payable after more than one year17 | €220k | €252k | €750k | €754k | €719k | ▼ 4.7% |
| Financial debts170/4 | €220k | €252k | €750k | €754k | €719k | ▼ 4.7% |
| Amounts payable within one year42/48 | €191k | €232k | €351k | €340k | €344k | ▲ 1.1% |
| Current portion of amounts payable after more than one year42 | €16k | €17k | €25k | €35k | €33k | ▼ 5.8% |
| Financial debts43 | €4k | €846 | €5k | €926 | €5k | ▲ 389% |
| Credit institutions430/8 | €4k | €846 | €5k | €926 | €5k | ▲ 389% |
| Trade debts44 | - | €5k | €100k | €83k | €58k | ▼ 29.4% |
| Suppliers440/4 | - | €5k | €100k | €83k | €58k | ▼ 29.4% |
| Advances received on contracts in progress46 | €4k | €13k | €25k | €7k | €25k | ▲ 269% |
| Taxes, remuneration and social security45 | €5k | €9k | €8k | €11k | €16k | ▲ 44.6% |
| Taxes450/3 | €5k | €9k | €8k | €11k | €12k | ▲ 10.0% |
| Remuneration and social security454/9 | - | - | - | - | €4k | - |
| Other amounts payable47/48 | €161k | €186k | €187k | €203k | €207k | ▲ 1.7% |
| Accrued charges and deferred income492/3 | €3k | €2k | - | €2k | €862 | ▼ 58.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €82k | €69k | €16k | €-55k | €29k | ▲ 154% |
| + Depreciation and write-downs630 | €21k | €22k | €14k | €29k | €37k | ▲ 25.8% |
| Operating cash flow (approximation) | €103k | €91k | €30k | €-25k | €66k | ▲ 365% |
| Investment in fixed assets (approximation) | - | €-9k | €-456k | €-17k | €-30k | ▼ 78.0% |
| Change in cash | - | €11k | €-3k | €-3k | €-6k | ▼ 88.1% |
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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Weakest financial yearnet €-55k
Net result drops to €-55k, the lowest in the series; recovery starts the following year.
03-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 3 days late
2023
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
2022
05-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
30-09
Financial
Highest result since 2018net €82k ▲26.6%
Operating result €93k, net result €82k, both a record.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Back to profitnet €65k
Net result €65k after 2 loss-making years.
20-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 20 days late
2019
13-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 13 days late
2018
14-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 14 days late
2017
30-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Antwerpen · 2 establishment units since 2002
Ground area
3,735 m²
Building footprint
1,498 m²
Volume, LiDAR
1,254 m³
2 parcels, Flanders · tallest building 18.8 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
Emiel Banningstraat 5, 2000 Antwerpen
since 20022.114.607.423
Technology Distribution
since 20232.353.024.515
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11382A0393/00C000 | Flanders | 3,612 m² | 1 · 1,404 m² | - |
| 11811L3734/00V000 | Flanders | 123 m² | 1 · 93 m² | 18.8 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
2025 · 1 entry · 277 EUR awarded · 277 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 277 EUR | 277 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
2 sitesAntwerpen2.114.607.423
Antwerpen2.353.024.515
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BE 0887.015.807
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Of 3,225 companies in sector 47400 we hold annual accounts for 1,807. 1,429 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
Founded15-10-2002
Fiscal year end30-09
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
46341Wholesale of wines and spirits
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.