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TecNautic

Active Public limited companyfounded 2005active for 21 yearsColmanstraat 46, 9270 LaarneKBO/BCE: BE 0876.110.532 #10 company by equity in Laarne, Wholesale and retail trade sector

Lifetime

19 annual accounts with figures on one time axis, 20 filings since 2006
peak €299,830 (2022)
€237,389▲ 14.7%
peak €187,062 (2022)
€152,341▲ 29.0%
peak €1.2m (2025)
€1.2m▲ 14.5%
€353,478▲ 39.8%
peak 1 FTE (2015)
-not published
Board5 names since 2017
5 directorsJan Vermeire and 4 others
Documentsfilings and deeds
25-04-20265 days before the deadline
2025micro format
Gross margin from €207,005 to €237,389Result from €118,131 to €152,341Equity from €1.1m to €1.2mDebts from €252,796 to €353,478Investments €35,248Cash from €422,932 to €582,578

Key points

from the 2025 annual accounts

Equity

€1.2m ▲ 14.5%

TecNautic has made a profit in every financial year since 2007.

Turnover

≈ €1.2m estimated

The micro format states no turnover.

Debts

€353,478 ▲ 39.8%
Suppliers
+80,575
Financial debts
+16,177
Taxes and wages
+2,752
The rest
+1,178

Debts rose by €100,682 in 2025.

Investments

€35,248 3.4 × depreciation
202220232025

Green is investment, beige is depreciation.

Filings

20 annual accounts since 2006
deadline2010201520202025

The last five annual accounts were filed 5 to 28 days before the end of the period.

Position in the sector

€152,341

Higher net result than 95% of companies in wholesale trade. Sector median €5,606 · 13,811 companies.

Checked score

98
Excellent
Financially stronger than 81% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).

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

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025highest value 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

100=equity 77.3% of total assets
90+5short-term debt 21.4% · cash 37.4%
81+1return on assets 9.8%

Score breakdown

lowers risk
Liquidity: current ratio 4.57, cash €582,578
Equity €1.2m (77.3% of total assets)
Founded in 2005
Figures for financial year 2025 (filed on 25-04-2026)
Calculation

The band follows from the bankruptcy probability. 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 46, micro). It does better than 90% of them on solvency, 89% on liquidity, 74% on profitability and 70% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 30-09-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as TecNautic has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of TecNautic itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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 31,368 companies, not a prediction for TecNautic. 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.

Credit verdict

Credit of up to €110,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 4.57 (5.21 in 2024), above the usual 1.5. Short-term debt is 21.4% and cash 37.4% of total assets. 22.7% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 4.57, cash €582,578
NBB · annual accounts
lowers risk · Equity €1.2m (77.3% of total assets)
NBB · annual accounts
lowers risk · Founded in 2005
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 25-04-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 25-04-2026, 5 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
5 days early
2024
16 days early
2023
28 days early
2022
26 days early
2021
23 days early
2020
29 days early
2019
36 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 23 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 7 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end10-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

JV
Daily manager
MT
Daily manager
VM
Daily manager
WV
Daily manager
MV
Matthijs Veerle
Director, since 13-09-2023

Shares in 1 company, BASE22

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0876110532
4 directors reappointed Veerle Matthys, Jan Vermeire, Wim Vermeire and Marc Thierens · General meeting of 12-09-2023 · Gazette deed
Registered office moved from Buggenhout to Laarne New registered office: Colmanstraat 46, 9270 Laarne · Previous registered office: Mandekensstraat 1, 9255 Buggenhout · General meeting of 10-03-2023 · Gazette deed
First establishment Colmanstraat 46, Laarne
All 32 events

Comparable companies

same main activity, similar in size and age
Company
TecNautic Laarne €1.6m €237,389 77.3% -
AMELLI Brussels €1.5m €223,525 88.2% -
MONTRA Beerse €1.1m €353,426 65.9% 1
FREDDY SPORT Dilbeek €0.9m €298,715 86.2% 2.9
MATRABIKE Rumst €0.9m €169,409 61.9% 0.6
MOBILE SYSTEMS EUROPE Woluwe-Saint-Pierre €0.8m €290,084 39.8% 1
DISTRI-BIKE Soignies €2.4m €483,833 62.8% 6.7

These companies have the same main activity as TecNautic: wholesale trade (NACE 46496). They are comparable in size and age: total assets between €784,000 and €2.4m, founded between 2004 and 2006.

Official details

Source: KBO
Status
Active since 19-09-2005Normal situation
Activity
Wholesale tradeNACE 46496and 1 other
Establishment unit
2.149.114.9749270 Laarne, since 29-09-2005
Financial year end
30 September
Peppol
Reachable since 29-01-2026
Company details

Annual accounts to 30-09-2025

€1.6m▲ 19.4%
Employeeson 30-09-2025
1=
Filing
Filed on 25-04-2026, 5 days before the end of the filing period
Financials

Insights on TecNautic

TecNautic files the micro format. That format states no turnover. The gross margin rose from €56,234 in 2007 to €237,389 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about TecNautic

What is the company number of TecNautic?
The company number of TecNautic is 0876.110.532. The VAT number is the same number with BE in front: BE 0876.110.532.
Where is TecNautic based?
The registered office is at Colmanstraat 46, 9270 Laarne.Company details
What does TecNautic do?
According to the KBO register, the main activity is wholesale trade (NACE 46496).
What is the legal form of TecNautic?
TecNautic is a public limited company (NV).
When was TecNautic founded?
TecNautic was founded on 19-09-2005.
Is TecNautic still active?
Yes, TecNautic is an active enterprise in the KBO register.
How many employees does TecNautic have?
TecNautic had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of TecNautic?
The turnover in financial year 2025 is ≈ €1.2m. This figure is estimated from the gross margin of €237,389 and 59 comparable companies (NACE 46). It probably lies between €570,000 and €2.2m.
Is TecNautic profitable?
In financial year 2025, TecNautic made a profit of €152,341.
Where can I find the annual accounts of TecNautic?
TecNautic filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TecNautic due?
TecNautic must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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