TecMatic
ActiveSummary
TecMatic has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €106,610 and a net result of €6,104. Equity is growing by ~19% per year across the filed fiscal years. Its solvency ranks better than 40% of 18537 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability44▼-32
Solvency47▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity short (current ratio 0.22 against 0.27 in 2024; short-term debt: 34.6% and cash: 1.2% of total assets), and 78.2% of the assets are financed with debt.
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Signals
Three 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
21.8%
Return on assets
1.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-05-2026, 63 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
63 d early
2024
48 d early
2023
62 d early
2022
62 d early
2021
54 d early
2020
27 d late
2019
137 d 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 18 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€267,260
EBIT margin
20.1%
Net result
€6,104▼ 77.6%
2024 · €27,251
Working capital
-€131,400▼ 14.6%
2024 · -€114,638
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€19,439▲ 61.1%€23,428▲ 20.5%€15,930▼ 32.0%€47,017▲ 195%€23,382▼ 50.3%
Net result€14,072within the sector's middle half▲ 86.3%€10,568within the sector's middle half▼ 24.9%€3,281within the sector's middle half▼ 68.9%€27,251above the sector's middle half▲ 730%€6,104within the sector's middle half▼ 77.6%
EBIT margin
Equity€59,405within the sector's middle half▲ 31.0%€69,973within the sector's middle half▲ 17.8%€73,254within the sector's middle half▲ 4.7%€100,506within the sector's middle half▲ 37.2%€106,610within the sector's middle half▲ 6.1%
Total assets€224,062within the sector's middle half▲ 7.2%€230,512within the sector's middle half▲ 2.9%€639,235above the sector's middle half▲ 177%€471,231above the sector's middle half▼ 26.3%€488,067above the sector's middle half▲ 3.6%
Debt€164,657▲ 0.6%€160,539▼ 2.5%€565,981▲ 253%€370,725▼ 34.5%€381,457▲ 2.9%
Working capital€168,630▲ 13.9%€170,959▲ 1.4%-€73,801-€114,638▼ 55.3%-€131,400▼ 14.6%
Solvency26.5%within the sector's middle half▲ 4.8pp30.4%within the sector's middle half▲ 3.8pp11.5%within the sector's middle half▼ 18.9pp21.3%within the sector's middle half▲ 9.9pp21.8%within the sector's middle half▲ 0.5pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 50% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €488,067
Fixed assets
€450,598 ▲ 4.9%
Current assets
€37,469 ▼ 10.5%
Equity and liabilities €488,067
Equity
€106,610 ▲ 6.1%
Debt
€381,457 ▲ 2.9%
Debt's share of the balance-sheet total falls from 78.7% to 78.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€38,373▼
2024 · €62,945
Cash flow
€21,096▼
2024 · €43,180
Current ratio
0.22▼
2024 · 0.27
Debt to equity
3.58▼
2024 · 3.69
ROE
5.7%▼
2024 · 27.1%
ROA
1.3%▼
2024 · 5.8%
Interest coverage
2.79▼
2024 · 9.04
Debt ≤ 1 year
€168,869▲
2024 · €156,496
Debt > 1 year
€207,606▼
2024 · €213,668
Income taxes
€3,604▼
2024 · €12,821
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,098 companies that looked in July 2024 the way this one looks now, 0.9% went bankrupt within 24 months and 98% are still going.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
0.9%
went bankrupt
0.9%
stopped otherwise
98%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,098 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €323 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,173 | €4,173 | €14,876 | €15,928 | €14,991 | ▼ 5.9% |
| Other operating charges640/8 | €580 | €876 | €2,116 | €1,281 | €1,618 | ▲ 26.3% |
| Gross operating margin9900 | €24,514 | €28,476 | €32,922 | €64,226 | €39,992 | ▼ 37.7% |
| Operating profit (loss)9901 | €19,439 | €23,428 | €15,930 | €47,017 | €23,382 | ▼ 50.3% |
| Financial income75/76B | €25 | €46 | €10 | €21 | €61 | ▲ 192% |
| Recurring financial income75 | €25 | €46 | €10 | €21 | €61 | ▲ 192% |
| Financial charges65/66B | €4,933 | €5,516 | €11,286 | €6,966 | €13,735 | ▲ 97.2% |
| Recurring financial charges65 | €4,933 | €5,516 | €11,286 | €6,966 | €13,735 | ▲ 97.2% |
| Profit (loss) for the period before taxes9903 | €14,531 | €17,958 | €4,654 | €40,072 | €9,708 | ▼ 75.8% |
| Income taxes67/77 | €459 | €7,390 | €1,373 | €12,821 | €3,604 | ▼ 71.9% |
| Profit (loss) for the period9904 | €14,072 | €10,568 | €3,281 | €27,251 | €6,104 | ▼ 77.6% |
| Profit (loss) for the period to be appropriated9905 | €14,072 | €10,568 | €3,281 | €27,251 | €6,104 | ▼ 77.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €224,062 | €230,512 | €639,235 | €471,231 | €488,067 | ▲ 3.6% |
| Fixed assets21/28 | €14,588 | €10,416 | €404,047 | €429,372 | €450,598 | ▲ 4.9% |
| Tangible fixed assets22/27 | €14,393 | €10,221 | €403,852 | €429,177 | €450,403 | ▲ 4.9% |
| Land and buildings22 | - | - | €391,687 | €422,629 | €447,218 | ▲ 5.8% |
| Plant, machinery and equipment23 | €687 | €451 | €3,441 | €2,471 | €1,714 | ▼ 30.6% |
| Furniture and vehicles24 | €13,706 | €9,770 | €8,724 | €4,078 | €1,470 | ▼ 63.9% |
| Financial fixed assets28 | €195 | €195 | €195 | €195 | €195 | = |
| Current assets29/58 | €209,474 | €220,097 | €235,188 | €41,858 | €37,469 | ▼ 10.5% |
| Stocks and contracts in progress3 | €187,497 | €190,023 | €200,689 | - | - | - |
| Stocks30/36 | €187,497 | €190,023 | €200,689 | - | - | - |
| Amounts receivable within one year40/41 | €8,456 | €13,615 | €29,524 | €16,200 | €30,182 | ▲ 86.3% |
| Trade receivables40 | €8,377 | €13,529 | €28,426 | €15,103 | €19,084 | ▲ 26.4% |
| Other amounts receivable41 | €79 | €86 | €1,098 | €1,098 | €11,098 | ▲ 911% |
| Cash at bank and in hand54/58 | €12,711 | €15,603 | €3,780 | €24,361 | €5,812 | ▼ 76.1% |
| Deferred charges and accrued income490/1 | €810 | €855 | €1,195 | €1,298 | €1,475 | ▲ 13.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €224,062 | €230,512 | €639,235 | €471,231 | €488,067 | ▲ 3.6% |
| Equity10/15 | €59,405 | €69,973 | €73,254 | €100,506 | €106,610 | ▲ 6.1% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Other1109/19 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €39,860 | €50,410 | €53,660 | €80,860 | €86,960 | ▲ 7.5% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €38,000 | €48,550 | €53,660 | €80,860 | €86,960 | ▲ 7.5% |
| Profit (loss) carried forward14 | €945 | €963 | €994 | €1,046 | €1,050 | ▲ 0.4% |
| Amounts payable17/49 | €164,657 | €160,539 | €565,981 | €370,725 | €381,457 | ▲ 2.9% |
| Amounts payable after more than one year17 | €123,813 | €111,121 | €253,448 | €213,668 | €207,606 | ▼ 2.8% |
| Financial debts170/4 | €123,813 | €111,121 | €253,448 | €213,668 | €207,606 | ▼ 2.8% |
| Amounts payable within one year42/48 | €40,844 | €49,138 | €308,990 | €156,496 | €168,869 | ▲ 7.9% |
| Current portion of amounts payable after more than one year42 | €12,694 | €15,894 | €24,550 | €42,778 | €21,062 | ▼ 50.8% |
| Trade debts44 | €5,831 | €7,921 | €22,260 | €4,621 | €10,375 | ▲ 125% |
| Suppliers440/4 | €5,831 | €7,921 | €22,260 | €4,621 | €10,375 | ▲ 125% |
| Taxes, remuneration and social security45 | €4,115 | €11,558 | €12,256 | €10,490 | €6,240 | ▼ 40.5% |
| Taxes450/3 | €2,545 | €9,988 | €9,116 | €7,350 | €6,240 | ▼ 15.1% |
| Remuneration and social security454/9 | €1,570 | €1,570 | €3,140 | €3,140 | - | - |
| Other amounts payable47/48 | €18,204 | €13,766 | €249,924 | €98,607 | €131,192 | ▲ 33.0% |
| Accrued charges and deferred income492/3 | - | €280 | €3,543 | €560 | €4,981 | ▲ 789% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,072 | €10,568 | €3,281 | €27,251 | €6,104 | ▼ 77.6% |
| + Depreciation and write-downs630 | €4,173 | €4,173 | €14,876 | €15,928 | €14,991 | ▼ 5.9% |
| Operating cash flow (approximation) | €18,244 | €14,741 | €18,158 | €43,180 | €21,096 | ▼ 51.1% |
| Investment in fixed assets (approximation) | - | €0 | -€408,508 | -€41,254 | -€36,217 | ▲ 12.2% |
| Change in cash | - | €2,892 | -€11,823 | €20,581 | -€18,548 | ▼ 190% |
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
Next filing, fiscal year 2026, expected by
2026
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100,000Eq €100,506 ▲37.2%
6 profitable years in a row build equity to €100,506.
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
15-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 137 days late
2019
31-12
Financial
Back to profitnet €48,793
Net result €48,793 after one loss-making year.
31-12
Financial
Liquidity times 8current ratio 14.25
Current ratio from 1.76 to 14.25; short-term debt falls from €83,860 to €12,316.
31-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 153 days late
2018
12-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 73 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2016
Ground area
726 m²
Building footprint
96 m²
Volume, LiDAR
461 m³
Parcel 46503C0155/00P000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TecMatic
since 20162.256.594.637
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46503C0155/00P000 | Flanders | 726 m² | 1 · 96 m² | 8.1 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
2025 · 1 entry · 99 EUR awarded · 99 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 99 EUR | 99 EUR |
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Of 1,513 companies in sector 47540 we hold annual accounts for 806. 649 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
Founded22-09-2016
Fiscal year end31-12
Activities, NACEBEL 2025
47540Retail sale of electrical household appliances
33140Repair and maintenance of electrical equipment
43211General electrical installation work
43221Plumbing work
47552Retail sale of lighting equipment
95100Repair and maintenance of computers and communication equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0662833860
Also
9925:BE0662833860
Registered
23-09-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.