TECHNOSOFT
ActiveSummary
TECHNOSOFT has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €175k and a net result of €470. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 45% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability38▼-5
Solvency65▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 1.65 against 1.53 in 2024; short-term debt: 60.5% and cash: 33.9% of total assets), but 60.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← 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
39.5%
Return on assets
0.1%
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 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
63 d early
2024
34 d early
2023
120 d early
2022
66 d early
2021
122 d early
2020
93 d early
2019
32 d early
← 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, abbreviated schema
Equity
€175k▲ 0.3%
2024 · €175k
2018: €107klowest in 8 years
2019: €110k▲ +2.6% vs 2018
2020: €111k▲ +0.4% vs 2019
2021: €120k▲ +8.8% vs 2020
2022: €145k▲ +20.1% vs 2021
2023: €164k▲ +13.5% vs 2022
2024: €175k▲ +6.5% vs 2023
2025: €175k▲ +0.3% vs 2024highest in 8 years
2018 → 2025
Total assets
€444k▼ 12.5%
2024 · €507k
2018: €291k
2019: €268k▼ -7.7% vs 2018lowest in 8 years
2020: €295k▲ +9.9% vs 2019
2021: €360k▲ +22.3% vs 2020
2022: €593k▲ +64.7% vs 2021
2023: €654k▲ +10.2% vs 2022highest in 8 years
2024: €507k▼ -22.5% vs 2023
2025: €444k▼ -12.5% vs 2024
2018 → 2025
Net result
€470▼ 95.6%
2024 · €11k
2018: €-17klowest in 8 years
2019: €3k▲ +117% vs 2018
2020: €456▼ -83.6% vs 2019
2021: €10k▲ +2040% vs 2020
2022: €24k▲ +148% vs 2021highest in 8 years
2023: €19k▼ -19.4% vs 2022
2024: €11k▼ -44.9% vs 2023
2025: €470▼ -95.6% vs 2024
2018 → 2025
Working capital
€176k▲ 0.3%
2024 · €175k
2018: €107klowest in 8 years
2019: €110k▲ +2.6% vs 2018
2020: €111k▲ +0.4% vs 2019
2021: €121k▲ +8.8% vs 2020
2022: €145k▲ +20.1% vs 2021
2023: €164k▲ +13.5% vs 2022
2024: €175k▲ +6.5% vs 2023
2025: €176k▲ +0.3% 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€120k-€145k▲ 20.1%€164k▲ 13.5%€175k▲ 6.5%€175k▲ 0.3%
2021: €120klowest in 5 years
2022: €145k▲ +20.1% vs 2021
2023: €164k▲ +13.5% vs 2022
2024: €175k▲ +6.5% vs 2023
2025: €175k▲ +0.3% vs 2024highest in 5 years
Operating result€8k-€31k▲ 303%€27k▼ 13.6%€13k▼ 53.2%€2k▼ 85.0%
2021: €8k
2022: €31k▲ +303% vs 2021highest in 5 years
2023: €27k▼ -13.6% vs 2022
2024: €13k▼ -53.2% vs 2023
2025: €2k▼ -85.0% vs 2024lowest in 5 years
Net result€10k-€24k▲ 148%€19k▼ 19.4%€11k▼ 44.9%€470▼ 95.6%
2021: €10k
2022: €24k▲ +148% vs 2021highest in 5 years
2023: €19k▼ -19.4% vs 2022
2024: €11k▼ -44.9% vs 2023
2025: €470▼ -95.6% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 85% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €444k
Equity
€175k ▲ 0.3%
Debt
€269k ▼ 19.2%
Debt's share of the balance-sheet total falls from 65.5% to 60.5%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.65▲
2024 · 1.53
Quick ratio
0.75▼
2024 · 1.22
Debt to equity
1.53▼
2024 · 1.90
ROE
0.3%▼
2024 · 6.1%
ROA
0.1%▼
2024 · 2.1%
Debt ≤ 1 year
€269k▼
2024 · €332k
Income taxes
€196▼
2024 · €4k
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 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€507k€444k▼
Current assets29/58€507k€444k▼
Stocks and contracts in progress3€103k€243k▲
Stocks30/36€103k€243k▲
Amounts receivable within one year40/41€227k€50k▼
Trade receivables40€50k€39k▼
Other amounts receivable41€178k€11k▼
Cash at bank and in hand54/58€177k€151k▼
Equity and liabilities
Total equity and liabilities10/49€507k€444k▼
Equity10/15€175k€175k▲
Contributions10/11€19k€19k=
Reserves13€156k€157k▲
Distributable reserves133€156k€157k▲
Amounts payable17/49€332k€269k▼
Amounts payable within one year42/48€332k€269k▼
Trade debts44€332k€187k▼
Suppliers440/4€332k€187k▼
Taxes, remuneration and social security45-€23
Taxes450/3-€23
Other amounts payable47/48-€82k
Accrued charges and deferred income492/3-€98
Income statement
Code20242025
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€28k€15k▼
Other operating charges640/8€252k€182k▼
Gross operating margin9900€293k€200k▼
Operating profit (loss)9901€13k€2k▼
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€1k€5k▲
Recurring financial charges65€1k€5k▲
Profit (loss) for the period before taxes9903€14k€666▼
Income taxes67/77€4k€196▼
Profit (loss) for the period9904€11k€470▼
Profit (loss) for the period to be appropriated9905€11k€470▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€470▼
Transfer to equity691/2€11k€470▼
To other reserves6921€11k€470▼
The notes to these accounts (1 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 |
|---|---|---|---|---|---|---|
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €3k | €8k | €28k | €15k | ▼ 45.4% |
| Other operating charges640/8 | - | €264k | €293k | €252k | €182k | ▼ 27.6% |
| Gross operating margin9900 | €207k | €298k | €328k | €293k | €200k | ▼ 31.8% |
| Operating profit (loss)9901 | €8k | €31k | €27k | €13k | €2k | ▼ 85.0% |
| Financial income75/76B | - | €2k | €2k | €3k | €4k | ▲ 32.0% |
| Recurring financial income75 | €3k | €2k | €2k | €3k | €4k | ▲ 32.0% |
| Financial charges65/66B | - | €2k | €2k | €1k | €5k | ▲ 291% |
| Recurring financial charges65 | €446 | €2k | €2k | €1k | €5k | ▲ 291% |
| Profit (loss) for the period before taxes9903 | €10k | €31k | €26k | €14k | €666 | ▼ 95.4% |
| Income taxes67/77 | - | €7k | €7k | €4k | €196 | ▼ 94.6% |
| Profit (loss) for the period9904 | €10k | €24k | €19k | €11k | €470 | ▼ 95.6% |
| Profit (loss) for the period to be appropriated9905 | €10k | €24k | €19k | €11k | €470 | ▼ 95.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €360k | €593k | €654k | €507k | €444k | ▼ 12.5% |
| Current assets29/58 | €360k | €593k | €654k | €507k | €444k | ▼ 12.5% |
| Stocks and contracts in progress3 | €105k | €218k | €149k | €103k | €243k | ▲ 136% |
| Stocks30/36 | - | €218k | €149k | €103k | €243k | ▲ 136% |
| Amounts receivable within one year40/41 | €70k | €227k | €387k | €227k | €50k | ▼ 77.8% |
| Trade receivables40 | - | €174k | €378k | €50k | €39k | ▼ 20.4% |
| Other amounts receivable41 | - | €53k | €9k | €178k | €11k | ▼ 93.8% |
| Cash at bank and in hand54/58 | €185k | €149k | €119k | €177k | €151k | ▼ 15.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €360k | €593k | €654k | €507k | €444k | ▼ 12.5% |
| Equity10/15 | €120k | €145k | €164k | €175k | €175k | ▲ 0.3% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €102k | €126k | €146k | €156k | €157k | ▲ 0.3% |
| Non-distributable reserves130/1 | - | €2k | - | - | - | - |
| Reserves not available under the articles1311 | - | €2k | - | - | - | - |
| Distributable reserves133 | - | €124k | €146k | €156k | €157k | ▲ 0.3% |
| Amounts payable17/49 | €240k | €449k | €490k | €332k | €269k | ▼ 19.2% |
| Amounts payable within one year42/48 | €240k | €449k | €490k | €332k | €269k | ▼ 19.2% |
| Trade debts44 | €238k | €449k | €422k | €332k | €187k | ▼ 43.8% |
| Suppliers440/4 | - | €449k | €422k | €332k | €187k | ▼ 43.8% |
| Taxes, remuneration and social security45 | - | - | €3k | - | €23 | - |
| Taxes450/3 | - | - | €3k | - | €23 | - |
| Other amounts payable47/48 | - | - | €65k | - | €82k | - |
| Accrued charges and deferred income492/3 | - | €13 | €13 | - | €98 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10k | €24k | €19k | €11k | €470 | ▼ 95.6% |
| Operating cash flow (approximation) | €10k | €24k | €19k | €11k | €470 | ▼ 95.6% |
| Change in cash | - | €-37k | €-30k | €58k | €-27k | ▼ 146% |
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
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €150kEq €164k ▲13.5%
5 profitable years in a row build equity to €164k.
26-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €24k ▲148%
Operating result €31k, net result €24k, both a record.
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 21 days late
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, Herentals · 1 establishment unit since 2004
Ground area
3.1 ha
Building footprint
504 m²
Parcel 13302C0702/00N000, Flanders. Linked by address, not a title deed.
1 establishment unit
Technosoft Benelux
since 20042.144.478.770
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13302C0702/00N000 | Flanders | 3.1 ha | 1 · 504 m² | - |
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.
Similar companies · same sector, comparable size
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SEAMARK BELGIUM
BE 0845.066.473
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Jean-Louis BOESMANS
BE 0669.560.910
Wanze · Eq €176,709
G & P DE COCK
BE 0863.225.764
Beveren-Kruibeke-Zwijndrecht · Eq €177,068
Of 4,415 companies in sector 46180 we hold annual accounts for 1,884. 1,377 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
Founded25-11-2004
Fiscal year end31-12
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
Scores and ratios are computed by Checked and are not a credit decision.