TechrdLabs Innovation
ActiveSummary
TechrdLabs Innovation has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7k and a net result of €3k. Equity is growing by ~16.1% per year across the filed fiscal years. Its solvency ranks better than 21% of 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+10
Solvency46▲+10
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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 dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 17043 sector peers (2025).
NBB · sector comparisonPosition among 17043 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 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 · 5 filingsDeviation from the deadline
2025
6 d late
2024
26 d late
2023
28 d late
2022
32 d late
2021
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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€7k▲ 63.1%
2024 · €5k
2021: €3k
2022: €4k
2023: €4k
2024: €5k
2021 → 2025
Total assets
€36k▼ 17.2%
2024 · €43k
2021: €22k
2022: €60k
2023: €14k
2024: €43k
2021 → 2025
Net result
€3k▲ 4,427%
2024 · €64
2021: €486
2022: €969
2023: €39
2024: €64
2021 → 2025
Working capital
€7k▲ 116%
2024 · €3k
2021: €2k
2022: €3k
2023: €2k
2024: €3k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3k-€4k▲ 27.8%€4k▲ 0.9%€5k▲ 1.4%€7k▲ 63.1%
Operating result€559-€1k▲ 106%€166▼ 85.6%€171▲ 2.7%€4k▲ 2,248%
Net result€486-€969▲ 99.2%€39▼ 95.9%€64▲ 61.0%€3k▲ 4,427%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 2,248% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €36k
Fixed assets
€718 ▼ 50.3%
Current assets
€35k ▼ 16.0%
Equity and liabilities €36k
Equity
€7k ▲ 63.1%
Debt
€29k ▼ 26.6%
Debt's share of the balance-sheet total falls from 89.5% to 79.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€5k▲
2024 · €899
Cash flow
€4k▲
2024 · €791
Current ratio
1.24▲
2024 · 1.08
Debt to equity
3.83▼
2024 · 8.52
ROE
38.7%▲
2024 · 1.4%
ROA
8.0%▲
2024 · 0.1%
Interest coverage
57.70▲
2024 · 9.82
Debt ≤ 1 year
€29k▼
2024 · €39k
Income taxes
€1k▲
2024 · €16
Staff costs
€18k
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 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€43k€36k▼
Fixed assets21/28€1k€718▼
Tangible fixed assets22/27€1k€718▼
Furniture and vehicles24€1k€718▼
Current assets29/58€42k€35k▼
Amounts receivable within one year40/41€28k€24k▼
Trade receivables40€28k€24k▼
Cash at bank and in hand54/58€14k€11k▼
Equity and liabilities
Total equity and liabilities10/49€43k€36k▼
Equity10/15€5k€7k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€2k€4k▲
Amounts payable17/49€39k€29k▼
Amounts payable within one year42/48€39k€29k▼
Trade debts44€26k€9k▼
Suppliers440/4€26k€9k▼
Taxes, remuneration and social security45€12k€19k▲
Taxes450/3€12k€8k▼
Remuneration and social security454/9-€11k
Other amounts payable47/48€500€500=
Income statement
Code20242025
Remuneration, social security and pensions62-€18k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€728€728=
Other operating charges640/8€387€423▲
Gross operating margin9900€1k€24k▲
Operating profit (loss)9901€171€4k▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€92€82▼
Recurring financial charges65€92€82▼
Profit (loss) for the period before taxes9903€79€4k▲
Income taxes67/77€16€1k▲
Profit (loss) for the period9904€64€3k▲
Profit (loss) for the period to be appropriated9905€64€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€4k▲
Profit (loss) brought forward from the previous period14P€1k€2k▲
The notes to these accounts (9 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
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
31-12
Financial
Highest result since 2021net €3k ▲4427%
Operating result €4k, net result €3k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Weakest financial yearnet €39 ▼95.9%
Net result drops to €39, the lowest in the series; recovery starts the following year.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Vorst · 1 establishment unit since 2021
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.
Oude Vijversstraat 401190 VorstGround area
1,894 m²
Building footprint
682 m²
Volume, LiDAR
5,046 m³
Parcel 21382C0028/00G003, Brussels · tallest building 8.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Oude Vijversstraat 40, 1190 Vorst
since 20212.312.209.487
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21382C0028/00G003 | Brussels | 1,894 m² | 1 · 682 m² | 8.8 m · 3 fl. |
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.
Similar companies · same sector, comparable size
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ADVENCI
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Of 16,884 companies in sector 62100 we hold annual accounts for 8,775. 3,754 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.