TECHSOFT
ActiveSummary
TECHSOFT has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €257,573 and a net result of €13,366. Equity is growing by ~12.6% per year across the filed fiscal years. Its solvency ranks better than 66% of 17123 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▼-1
Solvency99▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22,000 at 30 days acceptable
Liquidity ample (current ratio 3.86 against 5.7 in 2024; short-term debt: 25.7% and cash: 29.3% of total assets), and 25.8% 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer 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
74.2%
Return on assets
3.9%
Age of the figures
9 mo
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
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
27 d late
2023
22 d late
2022
29 d late
2021
32 d early
2020
31 d late
2019
61 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 19 days after the deadline; the sector median for financial year 2024 is 9 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€257,573▲ 4.8%
2024 · €245,874
Total assets
€346,920▲ 16.6%
2024 · €297,496
Net result
€13,366▼ 10.0%
2024 · €14,855
Working capital
€254,787▲ 6.3%
2024 · €239,584
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€49,333▼ 44.3%€14,766▼ 70.1%€46,751▲ 217%€28,524▼ 39.0%€27,152▼ 4.8%
Net result€52,045▼ 8.9%-€1,439€28,350€14,855▼ 47.6%€13,366▼ 10.0%
Equity€208,262▲ 33.3%€206,823▼ 0.7%€232,737▲ 12.5%€245,874▲ 5.6%€257,573▲ 4.8%
Total assets€233,535▲ 9.2%€242,517▲ 3.8%€293,956▲ 21.2%€297,496▲ 1.2%€346,920▲ 16.6%
Debt€25,273▼ 56.2%€35,694▲ 41.2%€61,219▲ 71.5%€51,623▼ 15.7%€89,347▲ 73.1%
Working capital€195,425▲ 37.9%€198,840▲ 1.7%€225,540▲ 13.4%€239,584▲ 6.2%€254,787▲ 6.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €346,920
Fixed assets
€3,004 ▼ 56.7%
Current assets
€343,916 ▲ 18.4%
Equity and liabilities €346,920
Equity
€257,573 ▲ 4.8%
Debt
€89,347 ▲ 73.1%
Debt's share of the balance-sheet total rises from 17.4% to 25.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€31,091▼
2024 · €32,411
Cash flow
€17,305▼
2024 · €18,741
Current ratio
3.86▼
2024 · 5.70
Debt to equity
0.35▲
2024 · 0.21
ROE
5.2%▼
2024 · 6.0%
ROA
3.9%▼
2024 · 5.0%
Interest coverage
7.15▼
2024 · 8.69
Debt ≤ 1 year
€89,129▲
2024 · €50,969
Income taxes
€9,437▼
2024 · €9,940
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,285 | €6,766 | €4,562 | €3,886 | €3,939 | ▲ 1.4% |
| Other operating charges640/8 | €1,429 | €2,027 | €2,074 | €1,779 | €2,624 | ▲ 47.5% |
| Gross operating margin9900 | €58,047 | €23,559 | €53,387 | €34,190 | €33,715 | ▼ 1.4% |
| Operating profit (loss)9901 | €49,333 | €14,766 | €46,751 | €28,524 | €27,152 | ▼ 4.8% |
| Financial income75/76B | €16,455 | €1,295 | €58 | - | - | - |
| Recurring financial income75 | €16,455 | €1,295 | €58 | - | - | - |
| Financial charges65/66B | €725 | €686 | €2,161 | €3,730 | €4,349 | ▲ 16.6% |
| Recurring financial charges65 | €725 | €686 | €2,161 | €3,730 | €4,349 | ▲ 16.6% |
| Profit (loss) for the period before taxes9903 | €65,063 | €15,375 | €44,648 | €24,794 | €22,803 | ▼ 8.0% |
| Income taxes67/77 | €13,018 | €16,814 | €16,299 | €9,940 | €9,437 | ▼ 5.1% |
| Profit (loss) for the period9904 | €52,045 | -€1,439 | €28,350 | €14,855 | €13,366 | ▼ 10.0% |
| Profit (loss) for the period to be appropriated9905 | €52,045 | -€1,439 | €28,350 | €14,855 | €13,366 | ▼ 10.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €233,535 | €242,517 | €293,956 | €297,496 | €346,920 | ▲ 16.6% |
| Fixed assets21/28 | €12,837 | €7,983 | €7,197 | €6,944 | €3,004 | ▼ 56.7% |
| Intangible fixed assets21 | €3,419 | €1,403 | €349 | €12 | - | - |
| Tangible fixed assets22/27 | €9,418 | €6,580 | €6,848 | €6,932 | €3,004 | ▼ 56.7% |
| Plant, machinery and equipment23 | €2,169 | €666 | €1,377 | €1,725 | €924 | ▼ 46.5% |
| Furniture and vehicles24 | €2,694 | €2,412 | €3,024 | €3,814 | €1,621 | ▼ 57.5% |
| Other tangible fixed assets26 | €4,556 | €3,501 | €2,447 | €1,392 | €460 | ▼ 67.0% |
| Current assets29/58 | €220,698 | €234,534 | €286,759 | €290,553 | €343,916 | ▲ 18.4% |
| Amounts receivable after more than one year29 | €39,517 | €1,267 | - | - | - | - |
| Other amounts receivable291 | €39,517 | €1,267 | - | - | - | - |
| Amounts receivable within one year40/41 | €48,541 | €61,687 | €79,551 | €50,723 | €70,448 | ▲ 38.9% |
| Trade receivables40 | €28,252 | €52,424 | €72,807 | €50,023 | €68,813 | ▲ 37.6% |
| Other amounts receivable41 | €20,289 | €9,264 | €6,744 | €699 | €1,635 | ▲ 134% |
| Current investments50/53 | - | - | - | €150,000 | €150,000 | = |
| Cash at bank and in hand54/58 | €126,944 | €158,572 | €185,386 | €66,287 | €101,626 | ▲ 53.3% |
| Deferred charges and accrued income490/1 | €5,695 | €13,007 | €21,821 | €23,543 | €21,842 | ▼ 7.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €233,535 | €242,517 | €293,956 | €297,496 | €346,920 | ▲ 16.6% |
| Equity10/15 | €208,262 | €206,823 | €232,737 | €245,874 | €257,573 | ▲ 4.8% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €189,662 | €189,662 | €214,137 | €227,274 | €238,973 | ▲ 5.1% |
| Non-distributable reserves130/1 | €1,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | - | - | - | - | - |
| Distributable reserves133 | €187,802 | €189,662 | €214,137 | €227,274 | €238,973 | ▲ 5.1% |
| Profit (loss) carried forward14 | - | -€1,439 | - | - | - | - |
| Amounts payable17/49 | €25,273 | €35,694 | €61,219 | €51,623 | €89,347 | ▲ 73.1% |
| Amounts payable within one year42/48 | €25,273 | €35,694 | €61,219 | €50,969 | €89,129 | ▲ 74.9% |
| Trade debts44 | €9,169 | €6,769 | €6,563 | €2,005 | €18,538 | ▲ 825% |
| Suppliers440/4 | €9,169 | €6,769 | €6,563 | €2,005 | €18,538 | ▲ 825% |
| Taxes, remuneration and social security45 | €6,320 | €2,556 | €9,970 | €2,707 | €2,136 | ▼ 21.1% |
| Taxes450/3 | €6,320 | €2,556 | €9,970 | €2,707 | €2,136 | ▼ 21.1% |
| Other amounts payable47/48 | €9,784 | €26,369 | €44,686 | €46,257 | €68,455 | ▲ 48.0% |
| Accrued charges and deferred income492/3 | - | - | - | €654 | €218 | ▼ 66.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €52,045 | -€1,439 | €28,350 | €14,855 | €13,366 | ▼ 10.0% |
| + Depreciation and write-downs630 | €7,285 | €6,766 | €4,562 | €3,886 | €3,939 | ▲ 1.4% |
| Operating cash flow (approximation) | €59,330 | €5,327 | €32,912 | €18,741 | €17,305 | ▼ 7.7% |
| Investment in fixed assets (approximation) | - | -€1,912 | -€3,776 | -€3,632 | €0 | ▲ 100% |
| Change in cash | - | €31,628 | €26,814 | -€119,099 | €35,339 | ▲ 130% |
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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Back to profitnet €28,350
Net result €28,350 after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Weakest financial yearnet -€1,439
Net result drops to -€1,439, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 8.73
Current ratio from 3.46 to 8.73; short-term debt falls from €57,708 to €25,273.
31-12
Financial
Equity above €200,000Eq €208,262 ▲33.3%
4 profitable years in a row build equity to €208,262.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Equity above €150,000Eq €156,217 ▲57.6%
3 profitable years in a row build equity to €156,217.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
Show earlier events
2019
31-12
Financial
Highest result since 2018net €76,672 ▲231%
Operating result €129,044, net result €76,672, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.81
Current ratio from 1.20 to 2.81; short-term debt falls from €82,109 to €49,417.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Tielt · 1 establishment unit since 2010
Ground area
404 m²
Building footprint
144 m²
Volume, LiDAR
837 m³
Parcel 37015K0603/00L000, Flanders · tallest building 13.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TECHSOFT
since 20102.191.875.544
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37015K0603/00L000 | Flanders | 404 m² | 1 · 144 m² | 13.4 m · 2 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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Of 30,002 companies in sector 62200 we hold annual accounts for 18,394. 14,131 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
Founded15-09-2010
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.