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TECLAB

Active
Private limited companyfounded 2020active for 5 yearsPapendonk 68, 2547 Lint, BelgiumKBO/BCE: BE 0757.814.973

Financials · financial year 2026, abbreviated format

Annual accounts 2026 filed on 18-10-2026 at the NBB all 5 filings

Equity
-€13,415▼ 62.5%
2025 · -€8,258
Total assets
€4,443▼ 44.2%
2025 · €7,958
Net result
-€5,157▲ 5.9%
2025 · -€5,479
Working capital
-€13,610▼ 56.7%
2025 · -€8,685
Trend over the years

2022 to 2026, 5 financial years

The operating result for 2026 is a loss of €5,058, smaller than the loss of €5,377 in 2025.

Operating result-€5,058 2026 Net result-€5,157 2026

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20222023202420252026
Operating result€12,602-€287▼ 97.7%-€17,235-€5,377▲ 68.8%-€5,058▲ 5.9%
Net result€9,721within the sector's middle half--€176below the sector's middle half-€17,324below the sector's middle half▼ 9,770%-€5,479below the sector's middle half▲ 68.4%-€5,157▲ 5.9%
Equity€14,721below the sector's middle half-€14,545below the sector's middle half▼ 1.2%-€2,779below the sector's middle half-€8,258below the sector's middle half▼ 197%-€13,415▼ 62.5%
Total assets€19,201below the sector's middle half-€23,770below the sector's middle half▲ 23.8%€11,143below the sector's middle half▼ 53.1%€7,958below the sector's middle half▼ 28.6%€4,443▼ 44.2%
Debt€4,480-€9,225▲ 106%€13,921▲ 50.9%€16,216▲ 16.5%€17,858▲ 10.1%
Working capital€12,896below the sector's middle half-€12,950below the sector's middle half▲ 0.4%-€3,576below the sector's middle half-€8,685below the sector's middle half▼ 143%-€13,610▼ 56.7%
Solvency76.7%above the sector's middle half-61.2%within the sector's middle half▼ 15.5pp-24.9%below the sector's middle half▼ 86.1pp-103.8%below the sector's middle half▼ 78.8pp
Current ratio3.88above the sector's middle half-2.41within the sector's middle half▼ 1.470.74below the sector's middle half▼ 1.670.46below the sector's middle half▼ 0.28
Return on assets (ROA)50.6%above the sector's middle half--0.7%below the sector's middle half▼ 51.4pp-155.5%below the sector's middle half▼ 154.7pp-68.9%below the sector's middle half▲ 86.6pp
above within below The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €4,443
Fixed assets €194 ▼ 54.5%
Current assets €4,249 ▼ 43.6%
Equity and liabilities
Equity-€13,415
Debt€17,858
Equity is negative. Debt (€17,858) exceeds the balance-sheet total (€4,443).
Key figures and ratios
2026 value · change against 2025
EBITDA
-€4,826▲
2025 · -€5,006
Cash flow
-€4,925▲
2025 · -€5,109
Interest coverage
-48.63▲
2025 · -48.82
Debt ≤ 1 year
€17,858▲
2025 · €16,216
The ratios are withheld because a balance sheet total of €4,443 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as TECLAB: activities of building architects (NACE 71111). They are comparable in size and age: total assets between €3,490 and €7,740, founded between 2017 and 2023.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
TECLAB Lint2020€4,443-€13,415-€4,306-€5,1572026
OGH Verviers2022€4,838-€4,362-€756-€1,3352025
D'CALQUE Doische2022€5,323-€12,317-€1,892-€3,7642025
FC2 Andenne2021€6,046-€7,408-€176-€10,4472025
CALISTO ARCHITECTURE Tournai2021€7,742€4,489-€8,262-€10,1942025
Laetitia de La Motte architecte Ukkel2023€5,196-€16,965-€4,627-€5,9762025
Architect Steven Schuddinck Aalst2017€3,488-€9,149-€1,207-€3,9852025

They were chosen from the 6,489 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 6,007 companies had the same profile as TECLAB has now. Two years later, 7.9% had gone bankrupt and 83.0% were still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.9% went bankrupt
8.4% stopped otherwise
83.0% was still going

Another 0.8% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of TECLAB itself is lower: 0.3% within 12 months. It rests on far more data about TECLAB than the profile alone.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 6,007 companies, not a prediction for TECLAB. 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.

Subsidies and aid

Flemish government

2022 · 1 entry · €248 awarded · €248 paid
Schemes
1 entry · €248 · €248 paid · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 36 lines

Source: Annual accounts 2026 at the NBB, filed on 18-10-2026.

Balance sheet Code20252026
Assets
Total assets20/58€7,958€4,443▼
Fixed assets21/28€427€194▼
Tangible fixed assets22/27€427€194▼
Plant, machinery and equipment23€427€194▼
Furniture and vehicles24€0-
Current assets29/58€7,531€4,249▼
Stocks and contracts in progress3€0-
Contracts in progress37€0-
Amounts receivable within one year40/41€5,399€1,834▼
Trade receivables40€5,217€1,662▼
Other amounts receivable41€182€173▼
Cash at bank and in hand54/58€1,810€2,083▲
Deferred charges and accrued income490/1€322€332▲
Equity and liabilities
Total equity and liabilities10/49€7,958€4,443▼
Equity10/15-€8,258-€13,415▼
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€13,258-€18,415▼
Amounts payable17/49€16,216€17,858▲
Amounts payable within one year42/48€16,216€17,858▲
Trade debts44€744€1,065▲
Suppliers440/4€744€1,065▲
Other amounts payable47/48€15,472€16,794▲
Income statement Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€370€233▼
Other operating charges640/8€505€520▲
Gross operating margin9900-€4,501-€4,306▲
Operating profit (loss)9901-€5,377-€5,058▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€103€99▼
Recurring financial charges65€103€99▼
Profit (loss) for the period before taxes9903-€5,479-€5,157▲
Profit (loss) for the period9904-€5,479-€5,157▲
Profit (loss) for the period to be appropriated9905-€5,479-€5,157▲
Appropriation of the result
Profit (loss) to be appropriated9906-€13,258-€18,415▼
Profit (loss) brought forward from the previous period14P-€7,779-€13,258▼
Transfer from equity791/2€0-

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.

Line20222023202420252026Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,079€1,074€842€370€233▼ 37.2%
Other operating charges640/8€212€219€622€505€520▲ 2.8%
Gross operating margin9900€13,893€1,579-€15,771-€4,501-€4,306▲ 4.3%
Operating profit (loss)9901€12,602€287-€17,235-€5,377-€5,058▲ 5.9%
Financial income75/76B€0€0€1€0--
Recurring financial income75€0€0€1€0--
Financial charges65/66B€31€93€90€103€99▼ 3.2%
Recurring financial charges65€31€93€90€103€99▼ 3.2%
Profit (loss) for the period before taxes9903€12,572€194-€17,324-€5,479-€5,157▲ 5.9%
Income taxes67/77€2,851€369€0---
Profit (loss) for the period9904€9,721-€176-€17,324-€5,479-€5,157▲ 5.9%
Profit (loss) for the period to be appropriated9905€9,721-€176-€17,324-€5,479-€5,157▲ 5.9%
Line20222023202420252026Change
Assets
Total assets20/58€19,201€23,770€11,143€7,958€4,443▼ 44.2%
Fixed assets21/28€1,824€1,639€797€427€194▼ 54.5%
Tangible fixed assets22/27€1,824€1,639€797€427€194▼ 54.5%
Plant, machinery and equipment23€302€947€687€427€194▼ 54.5%
Furniture and vehicles24€1,522€692€110€0--
Current assets29/58€17,376€22,132€10,346€7,531€4,249▼ 43.6%
Stocks and contracts in progress3-€3,000€4,140€0--
Contracts in progress37-€3,000€4,140€0--
Amounts receivable within one year40/41€1,395€4,855€4,714€5,399€1,834▼ 66.0%
Trade receivables40€1,376€2,297€3,043€5,217€1,662▼ 68.2%
Other amounts receivable41€20€2,558€1,672€182€173▼ 5.1%
Cash at bank and in hand54/58€14,852€13,945€1,491€1,810€2,083▲ 15.1%
Deferred charges and accrued income490/1€1,129€331€0€322€332▲ 3.0%
Equity and liabilities
Total equity and liabilities10/49€19,201€23,770€11,143€7,958€4,443▼ 44.2%
Equity10/15€14,721€14,545-€2,779-€8,258-€13,415▼ 62.5%
Contributions10/11€5,000€5,000€5,000€5,000€5,000=
Reserves13€9,721€9,721€0---
Distributable reserves133€9,721€9,721€0---
Profit (loss) carried forward14--€176-€7,779-€13,258-€18,415▼ 38.9%
Amounts payable17/49€4,480€9,225€13,921€16,216€17,858▲ 10.1%
Amounts payable within one year42/48€4,480€9,182€13,921€16,216€17,858▲ 10.1%
Trade debts44€76€3,901€3,500€744€1,065▲ 43.1%
Suppliers440/4€76€3,901€3,500€744€1,065▲ 43.1%
Taxes, remuneration and social security45€2,851€369€0---
Taxes450/3€2,851€369€0---
Other amounts payable47/48€1,552€4,912€10,421€15,472€16,794▲ 8.5%
Accrued charges and deferred income492/3-€43€0---
Line20222023202420252026Change
Profit (loss) for the period9904€9,721-€176-€17,324-€5,479-€5,157▲ 5.9%
+ Depreciation and write-downs630€1,079€1,074€842€370€233▼ 37.2%
Operating cash flow (approximation)€10,800€898-€16,482-€5,109-€4,925▲ 3.6%
Investment in fixed assets (approximation)--€888€0€0€0-
Change in cash--€908-€12,453€319€273▼ 14.3%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (5)
Financial year Type Filed Reference Document
31-03-2026 abbreviated format 18-10-2026 2026-00562206 NBB
31-03-2025 abbreviated format 31-10-2025 2025-00555821 PDF
31-03-2024 abbreviated format 11-11-2024 2024-00532620 PDF
31-03-2023 abbreviated format 31-10-2023 2023-00499611 PDF
31-03-2022 abbreviated format 31-10-2022 2022-20480294 PDF

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