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TECHNOTRONIC

Active
Private limited companyfounded 20224 yrs activeLichterveldsestraat 63, 8851 Ardooie, BelgiumKBO/BCE: BE 0785.984.961
Summary

The computed 12-month bankruptcy probability of TECHNOTRONIC is 2.2% (moderate). The 2025 annual accounts show equity of €29k and a net result of €4k. Equity is growing by ~26.2% per year across the filed fiscal years. Its solvency ranks better than 91% of 27965 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability84▲+6
Solvency100▲+18
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 4.16 against 1.26 in 2024; short-term debt: 12.4% and cash: 34.7% of total assets), and 12.4% 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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% 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 2025
Solvency, return and age of the figures
Solvency
87.6%
Return on assets
12.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-08-2026, 22 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filings
Deviation from the deadline
2025
22 d late
2024
29 d late
2023
28 d late
2022
29 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€29k▲ 16.1%
2024 · €25k
2022: €4klowest in 4 years 2023: €22k▲ +390% vs 2022 2024: €25k▲ +15.7% vs 2023 2025: €29k▲ +16.1% vs 2024highest in 4 years
2022 → 2025
Total assets
€33k▼ 23.8%
2024 · €44k
2022: €10klowest in 4 years 2023: €31k▲ +210% vs 2022 2024: €44k▲ +42.1% vs 2023highest in 4 years 2025: €33k▼ -23.8% vs 2024
2022 → 2025
Net result
€4k▲ 18.7%
2024 · €3k
2022: €3k 2023: €17k▲ +403% vs 2022highest in 4 years 2024: €3k▼ -80.3% vs 2023lowest in 4 years 2025: €4k▲ +18.7% vs 2024
2022 → 2025
Working capital
€13k▲ 176%
2024 · €5k
2022: €4klowest in 4 years 2023: €21k▲ +497% vs 2022highest in 4 years 2024: €5k▼ -77.7% vs 2023 2025: €13k▲ +176% vs 2024
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2022202320242025Trend
Equity€4k-€22k▲ 390%€25k▲ 15.7%€29k▲ 16.1% 2022: €4klowest in 4 years 2023: €22k▲ +390% vs 2022 2024: €25k▲ +15.7% vs 2023 2025: €29k▲ +16.1% vs 2024highest in 4 years
Operating result€5k-€22k▲ 391%€6k▼ 73.7%€7k▲ 17.2% 2022: €5klowest in 4 years 2023: €22k▲ +391% vs 2022highest in 4 years 2024: €6k▼ -73.7% vs 2023 2025: €7k▲ +17.2% vs 2024
Net result€3k-€17k▲ 403%€3k▼ 80.3%€4k▲ 18.7% 2022: €3k 2023: €17k▲ +403% vs 2022highest in 4 years 2024: €3k▼ -80.3% vs 2023lowest in 4 years 2025: €4k▲ +18.7% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20kOperating result 2022: €5k€5kNet result 2022: €3k€3kOperating result 2023: €22k€22kNet result 2023: €17k€17kOperating result 2024: €6k€6kNet result 2024: €3k€3kOperating result 2025: €7k€7kNet result 2025: €4k€4k2022202320242025€0€10k€20kOperating result 2023: €22k€22kNet result 2023: €17k€17kOperating result 2024: €6k€5.8kNet result 2024: €3k€3.4kOperating result 2025: €7k€6.9kNet result 2025: €4k€4.1k202320242025
The operating result recovers in 2025; 2025 is 17% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €33k
Fixed assets €16k ▼ 21.2%
Current assets €17k ▼ 26.1%
Equity and liabilities €33k
Equity €29k ▲ 16.1%
Debt €4k ▼ 77.7%
Debt's share of the balance-sheet total falls from 42.5% to 12.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€11k▲
2024 · €8k
Cash flow
€8k▲
2024 · €5k
Current ratio
4.16▲
2024 · 1.26
Debt to equity
0.14▼
2024 · 0.74
ROE
13.9%▲
2024 · 13.5%
ROA
12.1%▲
2024 · 7.8%
Interest coverage
119.87▲
2024 · 11.36
Debt ≤ 1 year
€4k▼
2024 · €19k
Income taxes
€3k▲
2024 · €2k
Staff costs
€392
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€44k€33k▼
Fixed assets21/28€20k€16k▼
Tangible fixed assets22/27€20k€16k▼
Furniture and vehicles24€20k€16k▼
Current assets29/58€23k€17k▼
Amounts receivable within one year40/41€15k€5k▼
Trade receivables40€5k€5k▼
Other amounts receivable41€10k€370▼
Cash at bank and in hand54/58€8k€12k▲
Deferred charges and accrued income490/1€304€378▲
Equity and liabilities
Total equity and liabilities10/49€44k€33k▼
Equity10/15€25k€29k▲
Contributions10/11€1k€1k=
Profit (loss) carried forward14€24k€28k▲
Amounts payable17/49€19k€4k▼
Amounts payable within one year42/48€19k€4k▼
Trade debts44€348€117▼
Suppliers440/4€348€117▼
Taxes, remuneration and social security45€8k€4k▼
Taxes450/3€8k€4k▼
Other amounts payable47/48€10k-
Income statement Code20242025
Remuneration, social security and pensions62-€392
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€4k▲
Other operating charges640/8€504€1k▲
Gross operating margin9900€8k€13k▲
Operating profit (loss)9901€6k€7k▲
Financial income75/76B-€25
Recurring financial income75-€25
Financial charges65/66B€662€93▼
Recurring financial charges65€662€93▼
Profit (loss) for the period before taxes9903€5k€7k▲
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€3k€4k▲
Profit (loss) for the period to be appropriated9905€3k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€24k€28k▲
Profit (loss) brought forward from the previous period14P€21k€24k▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line2022202320242025Change
Remuneration, social security and pensions62---€392-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€437€437€2k€4k▲ 160%
Other operating charges640/8€112€2k€504€1k▲ 108%
Gross operating margin9900€5k€24k€8k€13k▲ 57.6%
Operating profit (loss)9901€5k€22k€6k€7k▲ 17.2%
Financial income75/76B€0--€25-
Recurring financial income75€0--€25-
Financial charges65/66B€44€91€662€93▼ 85.9%
Recurring financial charges65€44€91€662€93▼ 85.9%
Profit (loss) for the period before taxes9903€4k€22k€5k€7k▲ 30.9%
Income taxes67/77€1k€5k€2k€3k▲ 54.4%
Profit (loss) for the period9904€3k€17k€3k€4k▲ 18.7%
Profit (loss) for the period to be appropriated9905€3k€17k€3k€4k▲ 18.7%
Line2022202320242025Change
Assets
Total assets20/58€10k€31k€44k€33k▼ 23.8%
Fixed assets21/28€874€437€20k€16k▼ 21.2%
Tangible fixed assets22/27€874€437€20k€16k▼ 21.2%
Furniture and vehicles24€874€437€20k€16k▼ 21.2%
Current assets29/58€9k€31k€23k€17k▼ 26.1%
Amounts receivable within one year40/41€317€13k€15k€5k▼ 64.3%
Trade receivables40€230€2k€5k€5k▼ 0.1%
Other amounts receivable41€87€11k€10k€370▼ 96.3%
Cash at bank and in hand54/58€9k€17k€8k€12k▲ 42.6%
Deferred charges and accrued income490/1€242€112€304€378▲ 24.6%
Equity and liabilities
Total equity and liabilities10/49€10k€31k€44k€33k▼ 23.8%
Equity10/15€4k€22k€25k€29k▲ 16.1%
Contributions10/11€1k€1k€1k€1k=
Profit (loss) carried forward14€3k€21k€24k€28k▲ 16.7%
Amounts payable17/49€6k€9k€19k€4k▼ 77.7%
Amounts payable within one year42/48€6k€9k€19k€4k▼ 77.7%
Trade debts44€163€908€348€117▼ 66.3%
Suppliers440/4€163€908€348€117▼ 66.3%
Taxes, remuneration and social security45€3k€6k€8k€4k▼ 51.1%
Taxes450/3€1k€5k€8k€4k▼ 51.1%
Remuneration and social security454/9€2k€1k---
Other amounts payable47/48€3k€2k€10k--
Line2022202320242025Change
Profit (loss) for the period9904€3k€17k€3k€4k▲ 18.7%
+ Depreciation and write-downs630€437€437€2k€4k▲ 160%
Operating cash flow (approximation)€4k€18k€5k€8k▲ 65.1%
Investment in fixed assets (approximation)-€0€-22k€0▲ 100%
Change in cash-€9k€-9k€3k▲ 138%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 22 days late
2025
31-12
Financial Liquidity triplescurrent ratio 4.16
Current ratio from 1.26 to 4.16; short-term debt falls from €19k to €4k.
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial Weakest financial yearnet €3k ▼80.3%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
28-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial Highest result since 2022net €17k ▲403%
Operating result €22k, net result €17k, both a record.
31-12
Financial Liquidity doublescurrent ratio 3.35
Current ratio from 1.65 to 3.35.
29-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
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, Ardooie · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
1,563 m²
Building footprint
330 m²
Volume, LiDAR
2,563 m³
Parcel 37005C0767/00B000, Flanders · tallest building 13.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TECHNOTRONIC
Lichterveldsestraat 63, 8851 ArdooieManufacture of electrical equipment
since 20222.331.196.446
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37005C0767/00B000 Flanders 1,563 m² 1 · 330 m² 13.2 m · 3 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.

Similar companies · same sector, comparable size

Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 7,941 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
Founded12-05-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43212Electrical installation work in industrial facilities

Scores and ratios are computed by Checked and are not a credit decision.