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TechWolf

Active
Private limited companyfounded 2018active for 8 yearsOverzet 14B, 9000 Gent, BelgiumKBO/BCE: BE 0702.852.201
Summary

TechWolf has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €18.3m and a net result of -€9.8m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 44% of 83 sector peers (NACE 62, financial year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Computer programming
NACE 62100
2 sites
Size
€8.7mturnover 2026
Staff
64.9 FTE
Equity
€18.3m
Loss
-€9.8m
Financial health
88 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Board
9 members
Holdings
2
Auditor: BDO BedrijfsrevisorenAccounts 63 days early
Why 88raises riskLoss of €9.8m, the second in a row (financial year 2026)lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Size: turnover €8.7m, 64.9 FTE, total assets €37.6mEquity €18.3m (48.6% of total assets)Show the evidence

Checked score

Score 2026
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 49% of its sector peers (NACE 62, medium-sized)
Financial strength · tick = 2025
Weak
Solvency 74-17
equity 48.6% of total assets
Liquidity 55+2
short-term debt 21.8% · cash 9.7%
Profitability 0=
return on assets -26.0%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (208 companies, NACE 62, medium-sized)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025lowest value 04-2025: 0.2%● unchanged vs 03-2025lowest value 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.3%▲ +0.1 percentage points vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026highest value 07-2026: 0.2%▼ -0.1 percentage points vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €850,000 on 30-day terms is acceptable
Liquidity ample (current ratio 4.05, compared with 7.13 in 2025, above the usual 1.5; short-term debt: 21.8% and cash: 9.7% of total assets), but 51.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, medium-sized): better than 64% on solvency, 79% on liquidity, 2% on profitability and 51% on growth.

The bankruptcy probability was computed on 12-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €9.8m, the second in a row (financial year 2026)
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Size: turnover €8.7m, 64.9 FTE, total assets €37.6m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €18.3m (48.6% of total assets)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026
Net result per financial year
19202122242526
2019 to 2026 · latest year -€9.8m
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 29-06-2026, 63 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2026
63 days early
2025
31 days early
2024
67 days early
2022
33 days early
2021
111 days early
2020
40 days early
2019
49 days 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 42 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today. The company usually files around 29 June (3 of the last 3 filed years within 32 days of that day).
Companies Code · seven months
Where today falls in the filing period
13-10-2026 today31-01-2027 year end31-08-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Julien Codorniou (director)Appointment: Antoine Nussenbaum (director) ·…
  2. Capital & shares · Amendment of…Capital increase · Capital
  3. Annual accounts filedfinancial year 2026 · abbreviated…

Key points

  • Risk: 6 loss-making years in a rowloss financial year 2026 -€9.8m View
  • Caution: Among the weakest 5% on net resultsector median €30,755 · 83 companies -€9.8m View
  • Caution: Result fell in 2026from -€6.8m to -€9.8m ▼ 44.7% View
  • Flemish supportawarded from 2022 to 2025 €2.0m View
  • Board changedlatest change 19-06-2026 · 9 in office 1 joined · 1 left View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View

By topic

Financials

Financial year
2026
Turnover
€8.7m
Loss
-€9.8m
Solvency
48.6%
Turnover▲ 38.9%
Net result
20242026
Go to Financials

Board & ownership

Board
9 members
Auditor
BDO Bedrijfsrevisoren
  • SHAM Cleo YeungDirector
  • Jonathan MunkDirector
  • GERSHON DianeDirector
  • Andreas De NeveCEO
  • CODORNIOU Julien RomainDirector

and 4 other directors

Go to Board & ownership

Timeline

Events
27
Since
2018
Next accounts
by 31-08-2027
  1. 11-03-2026Capital & shares · Amendment of the…
  2. 31-01-2026Weakest financial year
  3. 01-12-2025Capital & shares
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Computer programmingNACE 62100
Founded
05-09-2018
Year ends
31-01
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
“Consultancy en dienstverlening inzake informatie en communicatietechnologie (ICT)…” (deed in Dutch)
Go to Articles of association

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