TECHNORAIL
ActiveTECHNORAIL has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.52M and a net result of €300k. Equity is growing by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 70% of 68 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
93
/ 100
Excellent▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability99▲+8
Solvency99▼-1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity ample (current ratio 2.68 against 4.18 in 2024), and 37.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 24
Relative position
BE, all sectors
reference
Sector 24
higher
← 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
62.5%
Return on assets
12.3%
Age of the figures
8 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 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
50 d early
2023
49 d early
2022
47 d early
2021
44 d early
2020
31 d early
2019
12 d late
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.52M▲ 8.6%
2024 · €1.40M
2018: €729k
2019: €776k
2020: €831k
2021: €941k
2022: €965k
2023: €1.21M
2024: €1.40M
2018 → 2025
Total assets
€2.43M▲ 31.8%
2024 · €1.85M
2018: €1.14M
2019: €923k
2020: €1.21M
2021: €1.19M
2022: €1.56M
2023: €1.96M
2024: €1.85M
2018 → 2025
Net result
€300k▲ 17.9%
2024 · €255k
2018: €67k
2019: €47k
2020: €55k
2021: €220k
2022: €134k
2023: €302k
2024: €255k
2018 → 2025
Working capital
€1.53M▲ 8.6%
2024 · €1.40M
2018: €728k
2019: €778k
2020: €834k
2021: €944k
2022: €968k
2023: €1.21M
2024: €1.40M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€941k-€965k▲ 2.5%€1.21M▲ 25.0%€1.40M▲ 16.1%€1.52M▲ 8.6%
Operating result€260k-€142k▼ 45.2%€387k▲ 172%€321k▼ 17.2%€341k▲ 6.4%
Net result€220k-€134k▼ 39.3%€302k▲ 126%€255k▼ 15.8%€300k▲ 17.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 6% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.43M
Fixed assets
€1k=
Current assets
€2.43M▲ 31.8%
Equity and liabilities €2.43M
Equity
€1.52M▲ 8.6%
Debt
€913k▲ 105%
The debt ratio rises from 24.1% to 37.5%: debt grows faster than equity.
Key figures and ratios
Solvency
62.5%▼
2024 · 75.9%
Current ratio
2.68▼
2024 · 4.18
Quick ratio
2.04▼
2024 · 2.30
Debt / equity
0.60▲
2024 · 0.32
ROE
19.7%▲
2024 · 18.2%
ROA
12.3%▼
2024 · 13.8%
Debt
€913k▲
2024 · €446k
Debt ≤ 1 year
€907k▲
2024 · €441k
Income taxes
€40k▼
2024 · €65k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.85M€2.43M▲
Fixed assets21/28€1k€1k=
Financial fixed assets28€1k€1k=
Current assets29/58€1.85M€2.43M▲
Stocks and contracts in progress3€832k€582k▼
Stocks30/36€832k€582k▼
Amounts receivable within one year40/41€263k€780k▲
Trade receivables40€218k€625k▲
Other amounts receivable41€45k€155k▲
Cash at bank and in hand54/58€749k€1.07M▲
Deferred charges and accrued income490/1€489€489=
Equity and liabilities
Total equity and liabilities10/49€1.85M€2.43M▲
Equity10/15€1.40M€1.52M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€42k€42k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€36k€36k=
Profit (loss) carried forward14€1.30M€1.42M▲
Amounts payable17/49€446k€913k▲
Amounts payable within one year42/48€441k€907k▲
Trade debts44€314k€725k▲
Suppliers440/4€314k€725k▲
Taxes, remuneration and social security45€68k€2k▼
Taxes450/3€68k€2k▼
Other amounts payable47/48€60k€180k▲
Accrued charges and deferred income492/3€4k€5k▲
Income statement
Code20242025
Other operating charges640/8€1k€1k▲
Gross operating margin9900€322k€342k▲
Operating profit (loss)9901€321k€341k▲
Financial income75/76B€21€181▲
Recurring financial income75€21€181▲
Financial charges65/66B€1k€862▼
Recurring financial charges65€1k€862▼
Profit (loss) for the period before taxes9903€320k€341k▲
Income taxes67/77€65k€40k▼
Profit (loss) for the period9904€255k€300k▲
Profit (loss) for the period to be appropriated9905€255k€300k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.36M€1.60M▲
Profit (loss) brought forward from the previous period14P€1.10M€1.30M▲
Profit to be distributed694/7€60k€180k▲
Directors or managers695€60k€180k▲
The notes to these accounts (4 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
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €302k ▲126%
Operating result €387k, net result €302k, both a record.
31-12
Financial
Equity above €1MEq €1.21M ▲25%
6 profitable years in a row build equity to €1.21M.
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 12 days late
2019
31-12
Financial
Weakest financial yearnet €47k ▼29.6%
Net result drops to €47k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 6.43
Current ratio from 2.78 to 6.43; short-term debt falls from €408k to €143k.
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-07
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.
Directors · office · real estate
Directors
9 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, Boom · 1 establishment unit since 1991
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.
Rupelweg 1A2850 BoomGround area
6,401 m²
Building footprint
1,505 m²
Parcel 11005A0112/00W002, Flanders. Linked by address, not a title deed.
1 establishment unit
TECHNORAIL NV
since 19912.051.361.443
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11005A0112/00W002 | Flanders | 6,401 m² | 1 · 1,505 m² | - |
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.
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Of 192 companies in sector 24100 we hold annual accounts for 135. 82 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded09-01-1991
Fiscal year end31-12
Activities, NACEBEL
24100Manufacture of basic metals
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.technorail.be
E-mail:info@technorail.be