Equity
TECHSOURCE has made a profit in every financial year since 2021.
In July 2024, 26,972 companies had the same profile as TECHSOURCE has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for TECHSOURCE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| TECHSOURCE Bornem | €276,627 | €79,708 | 69.0% | - |
| QUATRE MAINS Bornem | €257,225 | €96,556 | -18.3% | - |
| JVT Herentals | €282,745 | €79,166 | 78.0% | - |
| Klein Schrieken Heist-op-den-Berg | €271,052 | €77,752 | 88.1% | - |
| EDO Consulting Sint-Katelijne-Waver | €243,544 | €80,832 | 2.1% | - |
| JJ-Invest Antwerp | €289,732 | €92,548 | 91.7% | - |
| KVS Quality Services Mol | €292,458 | €79,378 | 45.6% | - |
These companies have the same main activity as TECHSOURCE: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €244,000 and €292,000, founded between 2019 and 2021.
TECHSOURCE files the micro format. That format states no turnover. The gross margin fell from €128,118 in 2021 to €79,708 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €160,000. Estimated: probably between €120,000 and €210,000.
Higher than 64% of 39,376 companies in 2025.
Higher than 88% of 38,058 companies in 2025.
Higher than 41% of 38,530 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
276,627 | 261,176 | 215,211 | 184,028 | 174,892 | |
21/28 |
46,496 | 76,222 | 98,112 | 19,991 | 32,217 | |
22/27 |
46,491 | 76,217 | 98,107 | 19,986 | 32,212 | |
24 |
37,620 | 66,874 | 98,107 | 19,986 | 32,212 | |
26 |
8,871 | 9,343 | - | - | - | |
28 |
5 | 5 | 5 | 5 | 5 | |
29/58 |
230,131 | 184,954 | 117,099 | 164,037 | 142,675 | |
40/41 |
1,115 | 128 | 12,830 | 3,054 | 16,984 | |
40 |
1,115 | 126 | 7,032 | 550 | 16,984 | |
41 |
- | 1 | 5,799 | 2,504 | - | |
54/58 |
228,849 | 184,521 | 103,305 | 160,228 | 124,957 | |
490/1 |
167 | 305 | 963 | 756 | 735 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
276,627 | 261,176 | 215,211 | 184,028 | 174,892 | |
10/15 |
190,811 | 164,574 | 122,576 | 94,898 | 62,446 | |
10/11 |
2,500 | 2,500 | 2,500 | 2,500 | 2,500 | |
13 |
186,775 | 160,775 | 119,025 | 91,350 | 59,000 | |
133 |
186,775 | 160,775 | 119,025 | 91,350 | 59,000 | |
14 |
1,536 | 1,299 | 1,051 | 1,048 | 946 | |
17/49 |
85,816 | 96,601 | 92,635 | 89,130 | 112,447 | |
17 |
60,000 | 60,000 | 60,000 | 60,000 | 60,000 | |
170/4 |
60,000 | 60,000 | 60,000 | 60,000 | 60,000 | |
42/48 |
25,816 | 36,601 | 32,635 | 29,119 | 52,447 | |
44 |
503 | 2,518 | 3,564 | 46 | 429 | |
440/4 |
503 | 2,518 | 3,564 | 46 | 429 | |
45 |
10,976 | 22,190 | 19,124 | 21,231 | 42,270 | |
450/3 |
10,976 | 22,190 | 19,124 | 21,231 | 42,270 | |
47/48 |
14,338 | 11,893 | 9,946 | 7,841 | 9,748 | |
492/3 |
- | - | - | 12 | - | |
| Income statement | ||||||
76A |
- | 20,000 | - | - | - | |
9900 |
79,708 | 97,337 | 62,380 | 75,418 | 128,118 | |
630 |
34,413 | 34,329 | 13,788 | 20,361 | 28,870 | |
640/8 |
887 | 1,078 | 1,079 | 624 | 1,897 | |
9901 |
44,409 | 61,930 | 47,513 | 54,432 | 97,351 | |
75/76B |
- | 0 | - | - | 0 | |
75 |
- | 0 | - | - | 0 | |
65/66B |
4,413 | 4,965 | 3,567 | 2,580 | 3,686 | |
65 |
4,413 | 4,965 | 3,567 | 2,580 | 3,686 | |
9903 |
39,995 | 56,965 | 43,945 | 51,852 | 93,666 | |
67/77 |
13,758 | 14,967 | 16,267 | 19,399 | 33,720 | |
9904 |
26,237 | 41,998 | 27,679 | 32,452 | 59,946 | |
9905 |
26,237 | 41,998 | 27,679 | 32,452 | 59,946 | |
| Appropriation of the result | ||||||
9906 |
27,536 | 43,049 | 28,726 | 33,398 | 59,946 | |
14P |
1,299 | 1,051 | 1,048 | 946 | - | |
691/2 |
26,000 | 41,750 | 27,675 | 32,350 | 59,000 | |
6921 |
26,000 | 41,750 | 27,675 | 32,350 | 59,000 | |
| Document | ||||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 19-08-2026.
2025 annual accounts filed 19 days after the deadline. Filed on 19 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00405897.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 19-08-2026 | 2026-00405897 | |
| 31-12-2024 | micro format | 26-08-2025 | 2025-00406060 | |
| 31-12-2023 | micro format | 22-08-2024 | 2024-00376706 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00396538 | |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20341639 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 78,821 | 96,259 | 61,300 | 74,793 | 126,221 | ||
| 60,650 | 76,327 | 41,466 | 52,814 | 88,816 | ||
| 4,687 | 12,439 | 91,908 | 8,136 | 61,087 | ||
| 44,328 | 81,216 | -56,922 | 35,271 | - | ||
| 204,316 | 148,353 | 84,464 | 134,918 | 90,228 | ||
| 69.0% | 63.0% | 57.0% | 51.6% | 35.7% | ||
| 8.91 | 5.05 | 3.59 | 5.63 | 2.72 | ||
| 0.45 | 0.59 | 0.76 | 0.94 | 1.80 | ||
| 13.8% | 25.5% | 22.6% | 34.2% | 96.0% | ||
| 9.5% | 16.1% | 12.9% | 17.6% | 34.3% | ||
| 17.86 | 19.39 | 17.18 | 28.99 | 34.25 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €4,687 | €12,439 | €91,908 | €8,136 | €61,082 |
| Financial fixed assets | - | - | - | - | €5 |
| €34,413 | €34,329 | €13,788 | €20,361 | €28,870 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 28% lower than in 2024 and the lowest since 2021.
Debt's share of the balance-sheet total falls from 37.0% to 31.0%. Equity is higher and debt is lower.
TECHSOURCE has no parent and no holdings in its annual accounts. is the only director. TECHSOURCE shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Egied De Jonghestraat 185 registered office 2880 Bornem 62200 Computer consultancy and computer facilities management | 19-06-2020 | 2.304.827.292 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 12015C0389/00S000 | 348 m² | 1 · 125 m² | 8.8 m · 2 |
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