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TECHSQUAD

Active
Private limited companyfounded 20242 yrs activeWinkelbaan 43, 1730 Asse, BelgiumKBO/BCE: BE 1009.400.905
Summary

TECHSQUAD has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20,507 and a net result of €15,507. Its solvency ranks better than 27% of 2704 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
Axes
Profitability87
Solvency44
Growth-
Track record67
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity short (current ratio 0.59; short-term debt: 81.1% and cash: 22.7% of total assets), and 81.1% 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+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
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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
18.9%
Return on assets
14.3%
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 17-08-2026, 17 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 · 1 filing
Deviation from the deadline
2025
17 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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

History

On 15 May 2024, TECHSQUAD was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€20,507
Total assets
€108,243
Net result
€15,507
Working capital
-€36,107

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €108,243
Fixed assets €56,614
Current assets €51,628
Equity and liabilities €108,243
Equity €20,507
Debt €87,736
Debt finances 81.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€31,375
Cash flow
€25,959
Current ratio
0.59
Debt to equity
4.28
ROE
75.6%
ROA
14.3%
Interest coverage
246.97
Debt ≤ 1 year
€87,736
Income taxes
€5,346
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 36 lines
Balance sheet Code2025
Assets
Total assets20/58€108,243
Fixed assets21/28€56,614
Intangible fixed assets21€50,648
Tangible fixed assets22/27€5,967
Plant, machinery and equipment23€3,827
Other tangible fixed assets26€2,140
Current assets29/58€51,628
Amounts receivable within one year40/41€26,134
Trade receivables40€25,571
Other amounts receivable41€564
Cash at bank and in hand54/58€24,557
Deferred charges and accrued income490/1€937
Equity and liabilities
Total equity and liabilities10/49€108,243
Equity10/15€20,507
Contributions10/11€5,000
Profit (loss) carried forward14€15,507
Amounts payable17/49€87,736
Amounts payable within one year42/48€87,736
Trade debts44€57,606
Suppliers440/4€57,606
Taxes, remuneration and social security45€10,140
Taxes450/3€10,140
Other amounts payable47/48€19,990
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,452
Other operating charges640/8€55
Gross operating margin9900€31,430
Operating profit (loss)9901€20,923
Financial income75/76B€57
Recurring financial income75€57
Financial charges65/66B€127
Recurring financial charges65€127
Profit (loss) for the period before taxes9903€20,853
Income taxes67/77€5,346
Profit (loss) for the period9904€15,507
Profit (loss) for the period to be appropriated9905€15,507
Appropriation of the result
Profit (loss) to be appropriated9906€15,507

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,452
Other operating charges640/8€55
Gross operating margin9900€31,430
Operating profit (loss)9901€20,923
Financial income75/76B€57
Recurring financial income75€57
Financial charges65/66B€127
Recurring financial charges65€127
Profit (loss) for the period before taxes9903€20,853
Income taxes67/77€5,346
Profit (loss) for the period9904€15,507
Profit (loss) for the period to be appropriated9905€15,507
Line2025
Assets
Total assets20/58€108,243
Fixed assets21/28€56,614
Intangible fixed assets21€50,648
Tangible fixed assets22/27€5,967
Plant, machinery and equipment23€3,827
Other tangible fixed assets26€2,140
Current assets29/58€51,628
Amounts receivable within one year40/41€26,134
Trade receivables40€25,571
Other amounts receivable41€564
Cash at bank and in hand54/58€24,557
Deferred charges and accrued income490/1€937
Equity and liabilities
Total equity and liabilities10/49€108,243
Equity10/15€20,507
Contributions10/11€5,000
Profit (loss) carried forward14€15,507
Amounts payable17/49€87,736
Amounts payable within one year42/48€87,736
Trade debts44€57,606
Suppliers440/4€57,606
Taxes, remuneration and social security45€10,140
Taxes450/3€10,140
Other amounts payable47/48€19,990
Line2025
Profit (loss) for the period9904€15,507
+ Depreciation and write-downs630€10,452
Operating cash flow (approximation)€25,959

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

2026
17-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 17 days late
NBB filing
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, Asse · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1,347 m²
Building footprint
153 m²
Volume, LiDAR
895 m³
Parcel 23053A0351/00L000, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
TECHSQUAD
Winkelbaan 43, 1730 AsseIT consultancy
since 20242.359.579.240
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23053A0351/00L000 Flanders 1,347 m² 1 · 153 m² 6.8 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.

Similar companies · same sector, comparable size

Of 30,002 companies in sector 62200 we hold annual accounts for 18,394. 13,065 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
Founded15-05-2024
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services

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