TECHNOLUB
ActiveSummary
TECHNOLUB has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of €214,497. Equity has been growing by about 18% per year since 2018. Its solvency ranks better than 95% of 12,777 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 01-12-2006 Normal situation
- Activity
- Retail sale of automotive fuel NACE 47300and 2 others
- Establishment unit
- 2.158.192.392 7522 Tournai, since 27-12-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 07-10-2025
Board and ownership
- LEPLAT - CALLENS SoniaDirector · since 15-12-2023
- SADAPS BARDAHL ADDITIVES & LUBRICANTS98%· score 95annual accounts 2025
- VDD Investissementconsolidatesannual accounts 2025
- Holdings
- Shares in 1 company ADDITIVES & LUBRICANTS NV
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €294,270
- ▼ 4.8%
- Turnover
- ≈ €2.0m
- estimated
- Profit
- €214,497
- ▼ 5.8%
- Equity
- €1.6m
- ▲ 16.0%
- Total assets
- €1.6m
- ▼ 2.3%
Score breakdownraises riskSector: Retail trade (NACE 47)lowers riskLiquidity: current ratio 17.74, cash €1.5mEquity €1.6m (94.7% of total assets)Founded in 2006Show the evidence
Checked score
Fewer than 1 in 1,000 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 47, micro). It does better than 92% of them on solvency, 99% on liquidity, 79% on profitability and 69% on growth.
The bankruptcy probability was computed on 03-11-2026 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 48 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 26-06-2026 at the NBB all 19 filings
Amounts without an identifiable currency are taken as euros.
Every figure per financial year
The operating result for 2025 is 5% lower than in 2024.
The turnover shown is an estimate from the gross margin.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24,140 | €20,390 | €18,000 | €18,000 | €18,000 | €18,000 | €18,000 | €18,000 | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €406 | €0 | -€406 | €0 | - | - |
| Gross operating margin9900 | €100,108 | €210,169 | €137,795 | €229,480 | €144,625 | €265,044 | €309,107 | €294,270 | ▼ 4.8% |
| Operating profit (loss)9901 | €75,588 | €189,779 | €119,795 | €211,074 | €126,625 | €247,450 | €291,107 | €276,270 | ▼ 5.1% |
| Financial income75/76B | - | - | - | - | - | €65 | €12,861 | €10,255 | ▼ 20.3% |
| Recurring financial income75 | €437 | €7,892 | €3,880 | - | - | €65 | €12,861 | €10,255 | ▼ 20.3% |
| Financial charges65/66B | - | - | - | €471 | €582 | €516 | €515 | €529 | ▲ 2.9% |
| Recurring financial charges65 | €238 | €347 | €107 | €471 | €582 | €516 | €515 | €529 | ▲ 2.9% |
| Profit (loss) for the period before taxes9903 | €75,184 | €162,323 | €123,568 | €210,604 | €126,043 | €246,999 | €303,453 | €285,996 | ▼ 5.8% |
| Income taxes67/77 | €25,654 | €58,368 | €29,602 | €57,259 | €31,511 | €61,750 | €75,863 | €71,499 | ▼ 5.8% |
| Profit (loss) for the period9904 | €49,530 | €103,955 | €93,966 | €153,345 | €94,533 | €185,250 | €227,590 | €214,497 | ▼ 5.8% |
| Profit (loss) for the period to be appropriated9905 | €49,530 | €103,955 | €93,966 | €153,345 | €94,533 | €185,250 | €227,590 | €214,497 | ▼ 5.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.8m | €0.9m | €1.1m | €1.7m | €1.1m | €1.2m | €1.7m | €1.6m | ▼ 2.3% |
| Formation expenses20 | €0 | €0 | €0 | - | - | - | - | - | - |
| Fixed assets21/28 | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | ▼ 14.6% |
| Intangible fixed assets21 | €0.1m | €0.1m | €0.1m | €0.09m | €0.08m | €0.06m | €0.04m | €0.02m | ▼ 43.9% |
| Tangible fixed assets22/27 | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Land and buildings22 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Financial fixed assets28 | €0.07m | €0.04m | €0.04m | €0.04m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Current assets29/58 | €0.5m | €0.7m | €0.9m | €1.5m | €1.0m | €1.0m | €1.6m | €1.5m | ▼ 1.3% |
| Stocks and contracts in progress3 | €0 | €0 | €0 | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €0.3m | €0.5m | €0.4m | €0.5m | €0.7m | €0.5m | €0.8m | €0.06m | ▼ 92.0% |
| Trade receivables40 | - | - | - | €0.2m | €0.09m | €0.2m | €0.3m | €0.04m | ▼ 85.4% |
| Other amounts receivable41 | - | - | - | €0.3m | €0.7m | €0.3m | €0.5m | €0.02m | ▼ 96.1% |
| Current investments50/53 | €0 | €0 | €0 | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0.2m | €0.2m | €0.4m | €1.0m | €0.2m | €0.5m | €0.8m | €1.5m | ▲ 91.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.8m | €0.9m | €1.1m | €1.7m | €1.1m | €1.2m | €1.7m | €1.6m | ▼ 2.3% |
| Equity10/15 | €0.5m | €0.6m | €0.7m | €0.8m | €0.9m | €1.1m | €1.3m | €1.6m | ▲ 16.0% |
| Contributions10/11 | €0.09m | €0.09m | - | €0.09m | €0.09m | €0.09m | €0.09m | €0.09m | = |
| Reserves13 | €0.4m | €0.5m | €0.6m | €0.7m | €0.8m | €1.0m | €1.2m | €1.5m | ▲ 17.2% |
| Non-distributable reserves130/1 | - | - | - | €0.009m | €0.009m | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.009m | €0.009m | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €0.7m | €0.8m | €1.0m | €1.2m | €1.5m | ▲ 17.2% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | - | - | - | - | - | - |
| Amounts payable17/49 | €0.3m | €0.3m | €0.4m | €0.8m | €0.2m | €0.04m | €0.3m | €0.09m | ▼ 74.5% |
| Amounts payable within one year42/48 | €0.3m | €0.3m | €0.4m | €0.8m | €0.2m | €0.04m | €0.3m | €0.09m | ▼ 71.5% |
| Trade debts44 | €0.1m | €0.2m | €0.3m | €0.7m | €0.1m | €0.04m | €0.3m | €0.02m | ▼ 92.9% |
| Suppliers440/4 | - | - | - | €0.7m | €0.1m | €0.04m | €0.3m | €0.02m | ▼ 92.9% |
| Advances received on contracts in progress46 | - | - | - | - | - | - | - | €0.06m | - |
| Taxes, remuneration and social security45 | - | - | - | €0.06m | €0.06m | €0 | €0.001m | €0.001m | = |
| Taxes450/3 | - | - | - | €0.06m | €0.06m | €0 | €0.001m | €0.001m | = |
| Other amounts payable47/48 | - | - | - | €0.1m | €0 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €0.04m | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €49,530 | €103,955 | €93,966 | €153,345 | €94,533 | €185,250 | €227,590 | €214,497 | ▼ 5.8% |
| + Depreciation and write-downs630 | €24,140 | €20,390 | €18,000 | €18,000 | €18,000 | €18,000 | €18,000 | €18,000 | = |
| Operating cash flow (approximation) | €73,670 | €124,345 | €111,966 | €171,345 | €112,533 | €203,250 | €245,590 | €232,497 | ▼ 5.3% |
| Investment in fixed assets (approximation) | - | €35,000 | €0 | €0 | €2,848 | €0 | €0 | €0 | - |
| Change in cash | - | -€19,133 | €235,127 | €543,559 | -€763,707 | €289,397 | €265,967 | €700,667 | ▲ 163% |
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, 17,811 companies had the same profile as TECHNOLUB has now. Two years later, 96.5% were still going and 0.3% had gone bankrupt.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of TECHNOLUB itself: < 0.1% 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 17,811 companies, not a prediction for TECHNOLUB. 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 19 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 26-06-2026 | 2026-00226214 | |
| 31-12-2024 | full format | 27-06-2025 | 2025-00185553 | |
| 31-12-2023 | full format | 27-05-2024 | 2024-00096188 | |
| 31-12-2022 | full format | 30-05-2023 | 2023-00097951 | |
| 31-12-2021 | full format | 14-06-2022 | 2022-20068576 | |
| 31-12-2020 | full format | 25-05-2021 | 2021-15000298 | |
| 31-12-2019 | full format | 02-07-2020 | 2020-25500112 | |
| 31-12-2018 | full format | 12-07-2019 | 2019-31600034 | |
| 31-12-2017 | full format | 04-07-2018 | 2018-30600124 | |
| 31-12-2016 | full format | 13-06-2017 | 2017-17300310 |
Board & ownership
Directors
Owners and capital
Shareholders
2 ownersChain of control
- VDD Investissement
- SADAPS BARDAHL CORPORATIONFR
- SADAPS BARDAHL ADDITIVES & LUBRICANTS
- TECHNOLUB
Owners 2
- Equity €59.0m Profit of €8.3m in 2025 (profit of €8.8m in 2024) Checked score 9598%
- VDD Investissementconsolidating parentconsolidates
Capital transactions
- 18-01-2024 Converted to unavailable equity · €99,000
Mandate history
- Board
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| LEPLAT - CALLENS Sonia |
|
| LEPLAT Sonia Marie Dominique |
|
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
-
100%
Connections & network
1 current directorThe network starts from the directors of TECHNOLUB. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
18-01
Gazette deed
Change of role: LEPLAT Sonia Marie Dominique, from manager to directorAmendment of the articles · Legal-form conversion · Capital conversion11 points ▸
- General meeting, 15-12-2023
- Amendment of the articles, mentioned 2 times in the deed
- Legal-form conversion, “société à responsabilité limitée” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Other provision, “adoptée à l’unanimité, suppression du compte de capitaux propres statutairement indisponible” (deed in French)
- Other provision, “obligation du double test avant distribution, actionnaire unique” (deed in French)
- Capital
- Registered office clause, “unanimite, confirmation” (deed in French)
- Director resignation, LEPLAT Sonia Marie Dominique (manager)
- Director appointment, LEPLAT Sonia Marie Dominique (director (not named in the articles))
- Power of attorney, Camille DELVAUX
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
12 activities
- La gestion,le dépôt de marques,le conseil en communication et le marketing,ainsi que le service et la commercialisation directe et indirecte de quelque nature que ce soit,la détention d’immeubles (achat et gestion)
- Accepter les mandats de gestion dans toutes sociétés et donner tous avis et consultations de nature économique,financière,stratégique ou de gestion en tant que conseil
- La prise de participations sous quelque forme que ce soit dans des sociétés belges ou étrangères
- L'acquisition par achat,souscription ou de toute autre manière,ainsi que l'aliénation par vente,échange ou de toute autre manière,de valeurs ou biens mobiliers et immobiliers de toutes espèces
- La gestion ou la mise en valeur desdits biens ou portefeuille qu'elle possédera
- L'acquisition,la cession et la mise en valeur de brevets et licences d'exploitation et ce pour son propre compte ou pour compte de tiers
- Prêter ou emprunter avec ou sans garantie
- Participer à la création et au développement de toutes sociétés et leur prêter tous concours
- Prendre toutes mesures de contrôle,de surveillance,de documentation,de direction et de conseil et faire toutes opérations qu'elle jugera utiles à l'accomplissement ou au développement de son objet
- Accomplir toutes opérations commerciales,industrielles,financières,mobilières ou immobilières se rapportant directement ou indirectement à son objet social ou qui seraient de nature à en faciliter directement ou indirectement,entièrement ou partiellement,la réalisation
- S'intéresser par voie d'apport,de fusion,de souscription ou de toute autre manière dans toutes affaires,entreprises,associations ou sociétés ayant un objet identique,analogue ou connexe au sien ou qui sont de nature à favoriser le développement de son entreprise,à lui procurer des matières premières ou à faciliter l'écoulement de ses produits
- Être administrateur,gérant ou liquidateur
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 |
|---|---|---|---|---|
| 57008D0174/00F000 | Wallonia | 7,192 m² | 1 · 2,064 m² | 7.0 m · 2 |