TechTon
ActiveTechTon has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €21k and a net result of €-58k. Equity is shrinking by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 9% of 7427 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency20▼-23
Growth32=
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.24 against 1.39 in 2023), and 93.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
6.1%
Return on assets
-16.6%
Age of the figures
20 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
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€58k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 7427 sector peers (2024).
NBB · sector comparisonPosition among 7427 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-09-2025, 50 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
50 d late
2023
58 d late
2022
7 d early
2021
61 d late
2020
53 d early
2019
1 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€21k▼ 73.2%
2023 · €79k
2018: €98k
2019: €106k
2020: €106k
2021: €124k
2022: €106k
2023: €79k
2018 → 2024
Total assets
€347k▲ 4.4%
2023 · €332k
2018: €313k
2019: €328k
2020: €339k
2021: €324k
2022: €270k
2023: €332k
2018 → 2024
Net result
€-58k▼ 1,046%
2023 · €-5k
2018: €53k
2019: €38k
2020: €37k
2021: €45k
2022: €-14k
2023: €-5k
2018 → 2024
Working capital
€67k▼ 27.7%
2023 · €92k
2018: €98k
2019: €95k
2020: €91k
2021: €119k
2022: €115k
2023: €92k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€106k-€124k▲ 16.8%€106k▼ 14.5%€79k▼ 25.6%€21k▼ 73.2%
Operating result€45k-€67k▲ 48.8%€-12k€-373▲ 96.8%€-55k▼ 14,786%
Net result€37k-€45k▲ 20.6%€-14k€-5k▲ 64.2%€-58k▼ 1,046%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €55k in 2024 against €373 in 2023; the loss grows and 2024 is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €347k
Fixed assets
€1k▼ 68.9%
Current assets
€345k▲ 5.4%
Equity and liabilities €347k
Equity
€21k▼ 73.2%
Debt
€326k▲ 28.5%
The debt ratio rises from 76.3% to 93.9%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-52k▼
2023 · €4k
Cash flow
€-54k▼
2023 · €-1k
Solvency
6.1%▼
2023 · 23.7%
Current ratio
1.24▼
2023 · 1.39
Quick ratio
1.22▼
2023 · 1.36
Debt / equity
15.44▲
2023 · 3.22
ROE
-273.3%▼
2023 · -6.4%
ROA
-16.6%▼
2023 · -1.5%
Interest coverage
-9.99▼
2023 · 0.71
Debt
€326k▲
2023 · €254k
Debt ≤ 1 year
€279k▲
2023 · €236k
Debt > 1 year
€47k▲
2023 · €18k
Staff costs
€3k▲
2023 · €-1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€332k€347k▲
Fixed assets21/28€5k€1k▼
Tangible fixed assets22/27€5k€1k▼
Plant, machinery and equipment23€4k€1k▼
Furniture and vehicles24€743€91▼
Current assets29/58€328k€345k▲
Amounts receivable after more than one year29€91k€86k▼
Other amounts receivable291€91k€86k▼
Stocks and contracts in progress3€8k€6k▼
Stocks30/36€8k€6k▼
Amounts receivable within one year40/41€227k€251k▲
Trade receivables40€179k€181k▲
Other amounts receivable41€48k€70k▲
Cash at bank and in hand54/58€2k€1▼
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€332k€347k▲
Equity10/15€79k€21k▼
Contributions10/11€30k€30k=
Reserves13€49k€49k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€46k€46k=
Profit (loss) carried forward14-€-58k
Amounts payable17/49€254k€326k▲
Amounts payable after more than one year17€18k€47k▲
Other amounts payable178/9€18k€47k▲
Amounts payable within one year42/48€236k€279k▲
Current portion of amounts payable after more than one year42€20k€3k▼
Financial debts43€2€17k▲
Credit institutions430/8€2€17k▲
Trade debts44€193k€250k▲
Suppliers440/4€193k€250k▲
Taxes, remuneration and social security45€7k€7k▼
Taxes450/3€7k€7k▼
Other amounts payable47/48€15k€791▼
Income statement
Code20232024
Non-recurring operating income76A€2k-
Remuneration, social security and pensions62€-1k€3k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€20k-
Other operating charges640/8€634€987▲
Non-recurring operating charges66A€3k-
Gross operating margin9900€26k€-48k▼
Operating profit (loss)9901€-373€-55k▼
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€5k€5k▲
Recurring financial charges65€5k€5k▲
Profit (loss) for the period before taxes9903€-4k€-58k▼
Income taxes67/77€1k-
Profit (loss) for the period9904€-5k€-58k▼
Profit (loss) for the period to be appropriated9905€-5k€-58k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-58k▼
Transfer from equity791/2€27k-
Profit to be distributed694/7€22k-
Return on contributions (dividend)694€22k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 50 days late
2024
31-12
Financial
Weakest financial yearnet €-58k
Net result drops to €-58k, the lowest in the series.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 58 days late
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
2021
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €100kEq €106k ▲8.4%
2 profitable years in a row build equity to €106k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Gent · 1 establishment unit since 2010
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.
Broekkantstraat 19051 GentGround area
155 m²
Building footprint
155 m²
Volume, LiDAR
1,517 m³
Parcel 44002A0173/00B000, Flanders · tallest building 21.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Broekkantstraat 1, 9051 Gent
since 20102.191.864.755
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44002A0173/00B000 | Flanders | 155 m² | 1 · 155 m² | 21.6 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
GRH - Consult
BE 0879.346.075
Villers-le-Bouillet · Eq €21k
BATI RENOV TEC
BE 0552.663.636
Brussel · Eq €21k
GK CONSTRUCT
BE 0697.812.357
Sint-Pieters-Leeuw · Eq €21k
AMBI-BAT
BE 0691.634.150
Theux · Eq €21k
RENO-MIX
BE 0817.935.375
Brussel · Eq €21k
Of 15,437 companies in sector 43990 we hold annual accounts for 7,356. 5,216 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-09-2010
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
43120Site preparation
43230Insulation installation
43291Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.