TECHTRA
ActiveSummary
TECHTRA has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €171k and a net result of €-37k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 94% of 11615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-10
Solvency100=
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 9.51 against 19.57 in 2023; short-term debt: 6.3% and cash: 34.3% of total assets), and 6.3% of the assets are financed with debt.
Credit check 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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
93.7%
Return on assets
-20.2%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-37k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
on the day
2022
28 d early
2021
26 d late
2020
9 d early
2019
61 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€171k▼ 17.7%
2023 · €208k
2018: €176k
2019: €194k▲ +10.3% vs 2018
2020: €212k▲ +8.8% vs 2019
2021: €212k▲ +0.2% vs 2020
2022: €224k▲ +5.5% vs 2021highest in 7 years
2023: €208k▼ -7.0% vs 2022
2024: €171k▼ -17.7% vs 2023lowest in 7 years
2018 → 2024
Total assets
€182k▼ 15.0%
2023 · €215k
2018: €201k
2019: €206k▲ +2.7% vs 2018
2020: €226k▲ +9.5% vs 2019
2021: €219k▼ -3.1% vs 2020
2022: €231k▲ +5.6% vs 2021highest in 7 years
2023: €215k▼ -7.0% vs 2022
2024: €182k▼ -15.0% vs 2023lowest in 7 years
2018 → 2024
Net result
€-37k▼ 134%
2023 · €-16k
2018: €15k
2019: €18k▲ +25.0% vs 2018highest in 7 years
2020: €17k▼ -5.4% vs 2019
2021: €379▼ -97.8% vs 2020
2022: €12k▲ +2999% vs 2021
2023: €-16k▼ -234% vs 2022
2024: €-37k▼ -134% vs 2023lowest in 7 years
2018 → 2024
Working capital
€97k▼ 21.6%
2023 · €124k
2018: €83klowest in 7 years
2019: €108k▲ +30.6% vs 2018
2020: €133k▲ +23.0% vs 2019
2021: €144k▲ +8.1% vs 2020
2022: €151k▲ +5.3% vs 2021highest in 7 years
2023: €124k▼ -18.1% vs 2022
2024: €97k▼ -21.6% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€212k-€212k▲ 0.2%€224k▲ 5.5%€208k▼ 7.0%€171k▼ 17.7%
2020: €212k
2021: €212k▲ +0.2% vs 2020
2022: €224k▲ +5.5% vs 2021highest in 5 years
2023: €208k▼ -7.0% vs 2022
2024: €171k▼ -17.7% vs 2023lowest in 5 years
Operating result€26k-€2k▼ 91.2%€18k▲ 683%€-13k€-34k▼ 169%
2020: €26khighest in 5 years
2021: €2k▼ -91.2% vs 2020
2022: €18k▲ +683% vs 2021
2023: €-13k▼ -170% vs 2022
2024: €-34k▼ -169% vs 2023lowest in 5 years
Net result€17k-€379▼ 97.8%€12k▲ 2,999%€-16k€-37k▼ 134%
2020: €17khighest in 5 years
2021: €379▼ -97.8% vs 2020
2022: €12k▲ +2999% vs 2021
2023: €-16k▼ -234% vs 2022
2024: €-37k▼ -134% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €34k in 2024 against €13k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €182k
Fixed assets
€74k ▼ 12.0%
Current assets
€109k ▼ 16.9%
Equity and liabilities €182k
Equity
€171k ▼ 17.7%
Debt
€11k ▲ 71.0%
Debt's share of the balance-sheet total rises from 3.1% to 6.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-24k▼
2023 · €-7k
Cash flow
€-27k▼
2023 · €-10k
Current ratio
9.51▼
2023 · 19.57
Debt to equity
0.07▲
2023 · 0.03
ROE
-21.5%▼
2023 · -7.6%
ROA
-20.2%▼
2023 · -7.3%
Interest coverage
-9.07▼
2023 · -2.54
Debt ≤ 1 year
€11k▲
2023 · €7k
Income taxes
€112▼
2023 · €246
Staff costs
€20k▲
2023 · €7k
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 · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€215k€182k▼
Fixed assets21/28€84k€74k▼
Tangible fixed assets22/27€84k€74k▼
Land and buildings22€62k€57k▼
Plant, machinery and equipment23€19k€17k▼
Furniture and vehicles24€3k€423▼
Current assets29/58€131k€109k▼
Amounts receivable within one year40/41€37k€40k▲
Trade receivables40€33k€38k▲
Other amounts receivable41€4k€2k▼
Cash at bank and in hand54/58€88k€63k▼
Deferred charges and accrued income490/1€6k€5k▼
Equity and liabilities
Total equity and liabilities10/49€215k€182k▼
Equity10/15€208k€171k▼
Contributions10/11€19k€19k=
Reserves13€133k€152k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€19k€19k=
Distributable reserves133€115k€134k▲
Profit (loss) carried forward14€56k€0▼
Amounts payable17/49€7k€11k▲
Amounts payable within one year42/48€7k€11k▲
Financial debts43€0€124▲
Credit institutions430/8€0€124▲
Trade debts44€1k€859▼
Suppliers440/4€1k€859▼
Taxes, remuneration and social security45€3k€8k▲
Taxes450/3€2k€6k▲
Remuneration and social security454/9€850€3k▲
Other amounts payable47/48€3k€2k▼
Income statement
Code20232024
Remuneration, social security and pensions62€7k€20k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€10k▲
Other operating charges640/8€494€1k▲
Gross operating margin9900€-472€-4k▼
Operating profit (loss)9901€-13k€-34k▼
Financial income75/76B€219€388▲
Recurring financial income75€219€388▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€-16k€-37k▼
Income taxes67/77€246€112▼
Profit (loss) for the period9904€-16k€-37k▼
Profit (loss) for the period to be appropriated9905€-16k€-37k▼
Appropriation of the result
Profit (loss) to be appropriated9906€56k€19k▼
Profit (loss) brought forward from the previous period14P€72k€56k▼
Transfer to equity691/2€0€19k▲
To contributions691€0-
To other reserves6921-€19k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €7k | €20k | ▲ 203% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | €10k | €4k | €5k | €10k | ▲ 88.8% |
| Other operating charges640/8 | - | €411 | €469 | €494 | €1k | ▲ 116% |
| Gross operating margin9900 | €37k | €13k | €23k | €-472 | €-4k | ▼ 663% |
| Operating profit (loss)9901 | €26k | €2k | €18k | €-13k | €-34k | ▼ 169% |
| Financial income75/76B | - | €137 | €101 | €219 | €388 | ▲ 77.0% |
| Recurring financial income75 | €47 | €137 | €101 | €219 | €388 | ▲ 77.0% |
| Financial charges65/66B | - | €2k | €3k | €3k | €3k | ▼ 8.7% |
| Recurring financial charges65 | €1k | €2k | €3k | €3k | €3k | ▼ 8.7% |
| Profit (loss) for the period before taxes9903 | €25k | €812 | €15k | €-16k | €-37k | ▼ 137% |
| Income taxes67/77 | €8k | €433 | €4k | €246 | €112 | ▼ 54.5% |
| Profit (loss) for the period9904 | €17k | €379 | €12k | €-16k | €-37k | ▼ 134% |
| Profit (loss) for the period to be appropriated9905 | €17k | €379 | €12k | €-16k | €-37k | ▼ 134% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €226k | €219k | €231k | €215k | €182k | ▼ 15.0% |
| Fixed assets21/28 | €79k | €68k | €72k | €84k | €74k | ▼ 12.0% |
| Tangible fixed assets22/27 | €79k | €68k | €72k | €84k | €74k | ▼ 12.0% |
| Land and buildings22 | - | €64k | €63k | €62k | €57k | ▼ 9.4% |
| Plant, machinery and equipment23 | - | - | €3k | €19k | €17k | ▼ 10.8% |
| Furniture and vehicles24 | - | €4k | €6k | €3k | €423 | ▼ 83.5% |
| Current assets29/58 | €147k | €150k | €158k | €131k | €109k | ▼ 16.9% |
| Amounts receivable within one year40/41 | €35k | €36k | €40k | €37k | €40k | ▲ 9.2% |
| Trade receivables40 | - | €32k | €34k | €33k | €38k | ▲ 14.6% |
| Other amounts receivable41 | - | €4k | €6k | €4k | €2k | ▼ 38.2% |
| Cash at bank and in hand54/58 | €105k | €109k | €113k | €88k | €63k | ▼ 28.7% |
| Deferred charges and accrued income490/1 | - | €5k | €5k | €6k | €5k | ▼ 3.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €226k | €219k | €231k | €215k | €182k | ▼ 15.0% |
| Equity10/15 | €212k | €212k | €224k | €208k | €171k | ▼ 17.7% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €122k | €122k | €133k | €133k | €152k | ▲ 14.3% |
| Non-distributable reserves130/1 | - | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Tax-exempt reserves132 | - | €19k | €19k | €19k | €19k | = |
| Distributable reserves133 | - | €101k | €113k | €115k | €134k | ▲ 16.6% |
| Profit (loss) carried forward14 | €71k | €72k | €72k | €56k | €0 | ▼ 100% |
| Amounts payable17/49 | €14k | €7k | €7k | €7k | €11k | ▲ 71.0% |
| Amounts payable within one year42/48 | €14k | €7k | €7k | €7k | €11k | ▲ 71.0% |
| Financial debts43 | - | €712 | €523 | €0 | €124 | - |
| Credit institutions430/8 | - | €712 | €523 | €0 | €124 | - |
| Trade debts44 | €1k | €254 | €1k | €1k | €859 | ▼ 28.5% |
| Suppliers440/4 | - | €254 | €1k | €1k | €859 | ▼ 28.5% |
| Taxes, remuneration and social security45 | - | €2k | €2k | €3k | €8k | ▲ 205% |
| Taxes450/3 | - | €2k | €2k | €2k | €6k | ▲ 208% |
| Remuneration and social security454/9 | - | - | - | €850 | €3k | ▲ 199% |
| Other amounts payable47/48 | - | €3k | €3k | €3k | €2k | ▼ 22.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17k | €379 | €12k | €-16k | €-37k | ▼ 134% |
| + Depreciation and write-downs630 | €10k | €10k | €4k | €5k | €10k | ▲ 88.8% |
| Operating cash flow (approximation) | €27k | €11k | €16k | €-10k | €-27k | ▼ 157% |
| Investment in fixed assets (approximation) | - | €0 | €-8k | €-17k | €0 | ▲ 100% |
| Change in cash | - | €4k | €4k | €-25k | €-25k | ▲ 0.9% |
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
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-37k
Net result drops to €-37k, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 22.79
Current ratio from 10.47 to 22.79; short-term debt falls from €14k to €7k.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200kEq €212k ▲8.8%
3 profitable years in a row build equity to €212k.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-12
Financial
Highest result since 2018net €18k ▲25%
Operating result €28k, net result €18k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 10.27
Current ratio from 4.38 to 10.27; short-term debt falls from €24k to €12k.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated 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, Ranst · 1 establishment unit since 2006
Ground area
450 m²
Building footprint
123 m²
Volume, LiDAR
678 m³
Parcel 11010C0174/00L002, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Techtra
since 20062.153.438.503
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11010C0174/00L002 | Flanders | 450 m² | 1 · 123 m² | 9.3 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 596 EUR awarded · 451 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 145 EUR | 0 EUR |
| 2023 | 1 | 451 EUR | 451 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 5,213 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
Founded08-03-2006
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
74301Translation services
82100Office administrative and support services
Scores and ratios are computed by Checked and are not a credit decision.