TECHNOMATIONS
ActiveSummary
TECHNOMATIONS has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €190,939 and a net result of €101,902. Equity is shrinking by ~5% per year across the filed fiscal years. Its solvency ranks better than 86% of 9537 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency100▲+38
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18,000 at 30 days acceptable
Liquidity ample (current ratio 7.11 against 1.53 in 2024; short-term debt: 13.8% and cash: 79% of total assets), and 13.8% of the assets are financed with debt.
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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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% 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
86.2%
Return on assets
46%
Age of the figures
12 mo
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
22 d early
2023
1 d early
2022
2 d early
2021
109 d late
2020
31 d late
2019
29 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 20 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
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
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€190,939▲ 114%
2024 · €89,036
Total assets
€221,525▼ 8.6%
2024 · €242,451
Net result
€101,902
2024 · -€77,898
Working capital
€186,802▲ 128%
2024 · €82,014
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€81,152▲ 19.7%€131,270▲ 61.8%€64,940▼ 50.5%-€70,587€112,383
Net result€74,391▲ 7.6%€91,141▲ 22.5%€44,736▼ 50.9%-€77,898€101,902
Equity€312,744▲ 31.2%€403,885▲ 29.1%€274,936▼ 31.9%€89,036▼ 67.6%€190,939▲ 114%
Total assets€423,102▲ 38.2%€495,429▲ 17.1%€469,782▼ 5.2%€242,451▼ 48.4%€221,525▼ 8.6%
Debt€50,675▲ 518%€31,861▼ 37.1%€135,163▲ 324%€153,415▲ 13.5%€30,586▼ 80.1%
Working capital€359,430▲ 27.2%€450,490▲ 25.3%€324,668▼ 27.9%€82,014▼ 74.7%€186,802▲ 128%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2025 Equity +114% on 2024. Cause not known from the registers.
- 2024 Equity -68% on 2023. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €112,383 after a loss of €70,587 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €221,525
Fixed assets
€4,137 ▼ 41.1%
Current assets
€217,388 ▼ 7.7%
Equity and liabilities €221,525
Equity
€190,939 ▲ 114%
Debt
€30,586 ▼ 80.1%
Debt's share of the balance-sheet total falls from 63.3% to 13.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€116,655▲
2024 · -€63,914
Cash flow
€106,175▲
2024 · -€71,225
Current ratio
7.11▲
2024 · 1.53
Debt to equity
0.16▼
2024 · 1.72
ROE
53.4%▲
2024 · -87.5%
ROA
46.0%▲
2024 · -32.1%
Interest coverage
40.26▲
2024 · -7.18
Debt ≤ 1 year
€30,586▼
2024 · €153,415
Income taxes
€8,313▲
2024 · €1
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,324 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,572 | €5,152 | €5,898 | €6,673 | €4,273 | ▼ 36.0% |
| Other operating charges640/8 | €864 | €694 | €610 | €935 | €425 | ▼ 54.5% |
| Gross operating margin9900 | €86,589 | €137,115 | €71,447 | -€62,979 | €117,081 | ▲ 286% |
| Operating profit (loss)9901 | €81,152 | €131,270 | €64,940 | -€70,587 | €112,383 | ▲ 259% |
| Financial income75/76B | €2,237 | €2,680 | €2,504 | €1,596 | €729 | ▼ 54.3% |
| Recurring financial income75 | €2,237 | €2,680 | €2,504 | €1,596 | €729 | ▼ 54.3% |
| Financial charges65/66B | €995 | €4,018 | €4,818 | €8,906 | €2,897 | ▼ 67.5% |
| Recurring financial charges65 | €995 | €4,018 | €4,818 | €8,906 | €2,897 | ▼ 67.5% |
| Profit (loss) for the period before taxes9903 | €82,394 | €129,931 | €62,626 | -€77,897 | €110,215 | ▲ 241% |
| Income taxes67/77 | €8,003 | €38,790 | €17,890 | €1 | €8,313 | ▲ 822,922% |
| Profit (loss) for the period9904 | €74,391 | €91,141 | €44,736 | -€77,898 | €101,902 | ▲ 231% |
| Transfer to tax-exempt reserves689 | - | - | - | - | €42,100 | - |
| Profit (loss) for the period to be appropriated9905 | €74,391 | €91,141 | €44,736 | -€77,898 | €59,802 | ▲ 177% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €423,102 | €495,429 | €469,782 | €242,451 | €221,525 | ▼ 8.6% |
| Fixed assets21/28 | €12,997 | €13,078 | €9,951 | €7,022 | €4,137 | ▼ 41.1% |
| Tangible fixed assets22/27 | €12,997 | €13,078 | €9,951 | €7,022 | €4,137 | ▼ 41.1% |
| Plant, machinery and equipment23 | €12,706 | €13,078 | €9,095 | €3,310 | €288 | ▼ 91.3% |
| Furniture and vehicles24 | €291 | €0 | €857 | €3,712 | €3,849 | ▲ 3.7% |
| Current assets29/58 | €410,105 | €482,351 | €459,831 | €235,429 | €217,388 | ▼ 7.7% |
| Amounts receivable after more than one year29 | €152,500 | €152,500 | €111,500 | €100,000 | €0 | ▼ 100% |
| Other amounts receivable291 | €152,500 | €152,500 | €111,500 | €100,000 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €36,800 | €150,592 | €115,672 | €1,733 | €40,321 | ▲ 2,227% |
| Trade receivables40 | €33,659 | €94,274 | €105,186 | €231 | €39,795 | ▲ 17,106% |
| Other amounts receivable41 | €3,141 | €56,318 | €10,486 | €1,502 | €526 | ▼ 65.0% |
| Current investments50/53 | €25 | €25 | €25 | €25 | €25 | = |
| Cash at bank and in hand54/58 | €218,543 | €176,846 | €230,340 | €133,394 | €174,971 | ▲ 31.2% |
| Deferred charges and accrued income490/1 | €2,237 | €2,389 | €2,294 | €276 | €2,071 | ▲ 649% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €423,102 | €495,429 | €469,782 | €242,451 | €221,525 | ▼ 8.6% |
| Equity10/15 | €312,744 | €403,885 | €274,936 | €89,036 | €190,939 | ▲ 114% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €300,340 | €391,482 | €262,533 | €152,672 | €194,772 | ▲ 27.6% |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €1,859 | €0 | - | - |
| Reserves not available under the articles1311 | €1,859 | €1,859 | €1,859 | €0 | - | - |
| Tax-exempt reserves132 | - | - | - | - | €42,100 | - |
| Distributable reserves133 | €298,481 | €389,623 | €260,673 | €152,672 | €152,672 | = |
| Profit (loss) carried forward14 | €3 | €3 | €3 | -€76,036 | -€16,233 | ▲ 78.7% |
| Provisions and deferred taxes16 | €59,683 | €59,683 | €59,683 | €0 | - | - |
| Provisions for liabilities and charges160/5 | €59,683 | €59,683 | €59,683 | €0 | - | - |
| Pensions and similar obligations160 | €59,683 | €59,683 | €59,683 | €0 | - | - |
| Amounts payable17/49 | €50,675 | €31,861 | €135,163 | €153,415 | €30,586 | ▼ 80.1% |
| Amounts payable within one year42/48 | €50,675 | €31,861 | €135,163 | €153,415 | €30,586 | ▼ 80.1% |
| Trade debts44 | €38,168 | €1,146 | €69,108 | €1,156 | €413 | ▼ 64.2% |
| Suppliers440/4 | €38,168 | €1,146 | €69,108 | €1,156 | €413 | ▼ 64.2% |
| Taxes, remuneration and social security45 | €12,507 | €30,715 | €3,636 | €1,483 | €1,511 | ▲ 1.9% |
| Taxes450/3 | €12,507 | €30,715 | €3,636 | €1,483 | €1,511 | ▲ 1.9% |
| Other amounts payable47/48 | - | - | €62,419 | €150,776 | €28,662 | ▼ 81.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €74,391 | €91,141 | €44,736 | -€77,898 | €101,902 | ▲ 231% |
| + Depreciation and write-downs630 | €4,572 | €5,152 | €5,898 | €6,673 | €4,273 | ▼ 36.0% |
| Operating cash flow (approximation) | €78,963 | €96,293 | €50,634 | -€71,225 | €106,175 | ▲ 249% |
| Investment in fixed assets (approximation) | - | -€5,233 | -€2,771 | -€3,744 | -€1,388 | ▲ 62.9% |
| Change in cash | - | -€41,697 | €53,494 | -€96,945 | €41,576 | ▲ 143% |
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 · micro schema
2025
30-09
Financial
Back to profitnet €101,902
Net result €101,902 after one loss-making year.
30-09
Financial
Liquidity times 5current ratio 7.11
Current ratio from 1.53 to 7.11; short-term debt falls from €153,415 to €30,586.
30-09
Financial
Equity above €150,000Eq €190,939 ▲114%
Equity rises from €89,036 to €190,939.
08-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 109 days late
2021
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-09
Financial
Back to profitnet €69,145
Net result €69,145 after one loss-making year.
30-09
Financial
Equity above €200,000Eq €238,353 ▲40.9%
Equity rises from €169,208 to €238,353.
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 29 days late
Show earlier events
2019
30-09
Financial
Weakest financial yearnet -€134,139
Net result drops to -€134,139, the lowest in the series; recovery starts the following year.
15-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 15 days late
2018
15-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 15 days late
2017
28-04
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 3 acts read
About the unread acts
We know of 3 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
3 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, Sint-Martens-Latem · 1 establishment unit since 1996
Ground area
2,121 m²
Building footprint
200 m²
Volume, LiDAR
799 m³
Parcel 44015A0307/00X004, Flanders · tallest building 6.1 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
TECHNOMATIONS
since 19962.077.153.248
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44015A0307/00X004 | Flanders | 2,121 m² | 1 · 200 m² | 6.1 m · 1 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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SMART BUILDING SOLUTIONS ENGINEERING
BE 0822.701.144
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Borms Technics
BE 0837.860.165
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Of 11,577 companies in sector 71121 we hold annual accounts for 6,563. 5,141 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
Founded15-05-1996
Fiscal year end30-09
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID
0208:0458029644
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.