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TECNIC

Active Private limited companyfounded 1990active for 36 yearsRomeinse Put 15, 2650 EdegemKBO/BCE: BE 0441.154.119 #10 oldest company in Edegem, Real estate sector
TECNIC
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Overview

Lifetime

20 annual accounts with figures on one time axis, 35 filings since 1991
peak €230,295 (2017)
€94,102▼ 42.5%
peak €282,311 (2014)
€72,034▼ 28.0%
peak €1.1m (2016)
€742,503▼ 0.3%
€82,012▲ 660%
Board5 names since 2017
2 directorsDE GROOTE Nicolas and 1 other
Documentsfilings and deeds
23-06-202638 days before the deadline
2025abbreviated format
Gross margin from €163,747 to €94,102Result from €100,055 to €72,0342 directors appointed 24-01Dividend €74,194Debts from €10,792 to €82,012

Key points

from the 2025 annual accounts

Equity

€742,503 ▼ 0.3%
744,6622024+72,034Profit-74,194Dividend742,5032025

TECNIC paid out €74,194 in dividends. That is 103% of the 2025 profit.

Turnover

≈ €120,000 estimated

The accounts state no turnover.

Liquidity

6.08 was 37.67 in 2024

Short-term debts rose from €10,792 to €82,012.

Filings

35 annual accounts 36 filings since 1991
AprilJune31 JulyOctober200020102020

The 2023 accounts came 64 days late. The other nine of the last ten were filed on time.

Position in the sector

90.1%

Higher solvency than 90% of companies in real estate. Sector median 30.7% · 11,299 companies.

Checked score

97
Excellent
Financially stronger than 73% of micro companies in real estate (NACE 68)
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: 0.2% across 26,626 companies (NACE 68, 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 02-2025highest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged 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 09-2025 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 03-2026lowest value 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 90.1% of total assets
76-7short-term debt 9.9% · cash 20.6%
80-5return on assets 8.7%

Score breakdown

raises risk
1 of the last 3 accounts late
lowers risk
Liquidity: current ratio 6.08, cash €170,115
Equity €742,503 (90.1% of total assets)
Founded in 1990
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 68, micro). It does better than 91% of them on solvency, 83% on liquidity, 77% on profitability and 43% 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 31-12-2025.

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, 20,137 companies had the same profile as TECNIC has now. Each dot stands for 51 companies, two years later.

95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of TECNIC 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 20,137 companies, not a prediction for TECNIC. 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 €70,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 6.08 (37.67 in 2024), above the usual 1.5. Short-term debt is 9.9% and cash 20.6% of total assets. 9.9% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 6.08, cash €170,115
NBB · annual accounts
lowers risk · Equity €742,503 (90.1% of total assets)
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 1990
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 23-06-2026, 38 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
38 days early
2024
43 days early
2023
19 days early
2022
104 days early
2021
39 days early
2020
47 days early
2019
37 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 47 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 June (4 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
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DG
DE GROOTE Nicolas
Director
HM
HENCKES Marie
Director
  • Nicolas De Groote 1,000 sharesdeed of 09-04-2024
  • Marie-Valérie Henckes 1,000 sharesdeed of 09-04-2024

Shares in 1 company, LINOREX

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0441154119
2 directors appointed Altitude bv and Artemis bv · Permanent representatives: Maxime De Groote and Pauline De Groote · General meeting of 06-12-2024 · Gazette deed
Demerger: TECNIC splits off to LINOREX NG Capital decrease of €5,004.58 to €70,995.42 · Capital from €76,000 to €70,995.42 · Changes of role: DE GROOTE Nicolas (director) and HENCKES Marie (director) · Gazette deed
Merger: TECNIC takes over LINOREX The company holds all the shares of LINOREX · Gazette deed
All 53 events

Comparable companies

same main activity, similar in size and age
Company
TECNIC Edegem €824,515 €94,102 90.1% -
SMISCO IMMO MANAGEMENT Antwerp €986,037 €100,275 42.7% -
STEFSAM Ranst €907,903 €78,138 10.0% -
VANHAVERBEKE HOUTINDUSTRIE Essen €782,869 €74,625 45.3% -
AX Venture Houthalen-Helchteren €788,132 €94,520 4.5% -
DESCHRYVER Geraardsbergen €843,453 €101,123 94.3% -
SINT JACOBS ART CENTER Aalter €846,499 €105,732 98.0% -

These companies have the same main activity as TECNIC: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €783,000 and €986,000, founded between 1987 and 1994.

Official details

Source: KBO
Status
Active since 02-07-1990Normal situation
Activity
Renting and operating of own or leased non-residential real estate, excluding landNACE 68203and 1 other
Establishment unit
2.049.189.5342650 Edegem, since 03-08-1990
Financial year end
31 December
Peppol
Reachable since 15-10-2025
Company details

Annual accounts 2025

€94,102▼ 42.5%
€72,034▼ 28.0%
€742,503▼ 0.3%
€824,515▲ 9.1%
Filing
Filed on 23-06-2026, 38 days before the end of the filing period
Financials

Insights on TECNIC

TECNIC files the abbreviated format. That format states no turnover. The gross margin rose from €81,216 in 2006 to €94,102 in 2025.

The balance sheet grew most from 2011 to 2013 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 23-06-2026, 38 days before the deadline
€94,102
▼ 42.5%
€70,516
▼ 49.7%
€93,583
▼ 42.7%
€95,101
▼ 22.8%
90.1%
▼ 8.5 percentage points
6.08
▼ 31.59

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €120,000. Estimated: probably between €110,000 and €160,000.

In the rankings #10 oldest company in Edegem, Real estate sector

Money flows

no detail for 2025

Balance sheet

balance sheet total €824,515 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

90.1%

Higher than 91% of 11,299 companies in 2025.

6.08

Higher than 86% of 10,851 companies in 2025.

8.7%

Higher than 82% of 11,184 companies in 2025.

TECNIC Middle half of the sector 80% of the sector Abbreviated accounts in real estate (NACE 68)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 824,515755,454718,684789,471747,421786,414777,503790,6231.3m1.3m1.3m1.4m1.4m1.3m813,334773,481795,821721,106893,506818,493
21/28 325,862348,929371,996689,137706,921729,085752,216772,978805,654972,7321.0m1.0m1.2m607,595622,786213,328215,412182,595188,577675,121
22/27 325,862348,929371,996395,537413,321435,485458,616479,378512,054545,095577,005610,251749,433170,958185,149196,328203,412170,595176,422666,621
22 325,507348,288371,069393,849411,574433,881456,187478,494500,801523,107545,414567,721744,972169,568184,191194,158201,588167,912167,880660,421
23 264396528661--1332674005331653311,1024968081,8321,1691,5723,0803,003
24 912453991,0271,7471,6052,29661710,85421,45531,42642,2003,3598941503386561,1125,4623,198
28 ---293,600293,600293,600293,600293,600293,600427,637430,637430,637431,637436,637437,63717,00012,00012,00012,1558,500
29/58 498,653406,525346,688100,33440,50057,32825,28617,645488,087296,512247,534398,580248,768703,255190,548560,152580,409538,511704,929143,371
29 -------------8,000------
291 -------------8,000------
3 -------------525,743--287,99657,56913,795-
30/36 -------------525,743--287,99657,56913,795-
40/41 12,8768,68914,03413,24410,72347957,10210,8559,2948,99112,03310,685117,99011,43830,56744,60915,9135,68285,300
40 -1976,0487,5277,737--1,6866,8708,9968,9918,00010,2736,48411,10424,82917,48215,9135,68227,322
41 12,8768,4917,9865,7182,98647955,4163,984298-4,033412111,5063345,73827,126--57,978
50/53 315,662200,000------300,000180,000180,000340,577200,000825126,965474,660124,836417,791631,35818,100
54/58 170,115197,837332,65487,09029,77756,34223,66510,160177,232107,21858,54345,97038,08350,69852,14554,926122,96847,23854,09439,971
490/1 -----5071,617383------------
Balance sheet: equity and liabilities
10/49 824,515755,454718,684789,471747,421786,414777,503790,6231.3m1.3m1.3m1.4m1.4m1.3m813,334773,481795,821721,106893,506818,493
10/15 742,503744,662644,607777,302698,262664,985631,771576,361547,9821.1m1.1m1.1m794,232814,014800,103759,109700,680601,406530,367379,633
10/11 70,99570,99570,99576,00076,00076,00076,00076,00076,000125,000125,000710,000710,000125,000125,000125,000125,000125,000125,000125,000
100 ------76,00076,00076,000125,000125,000710,000710,000125,000125,000125,000125,000125,000125,000125,000
11 70,99570,99570,99576,00076,00076,000--------------
1109/19 70,99570,99570,99576,00076,00076,000--------------
13 439,427441,620341,620290,876211,876178,876145,87690,87664,876613,876613,87628,87614,76112,50012,50012,50012,50012,50012,50012,500
130/1 26,97526,97526,97528,87628,87628,876---585,000585,000---------
130 26,97526,97526,97528,87628,87628,87628,87628,87628,87628,87628,87628,87614,76112,50012,50012,50012,50012,50012,50012,500
1312 ---------585,000585,000---------
133 412,452414,645314,645262,000183,000150,000117,00062,00036,000-----------
14 232,081232,047231,992410,426410,385410,109409,895409,485407,106398,338365,011337,66669,471676,514662,603621,609563,180463,906392,867242,133
17/49 82,01210,79274,07712,16949,159121,428145,731214,262745,759132,030151,289362,925635,606496,83713,23114,37295,142119,700363,139438,859
17 -----20,69342,93364,82686,382107,605128,499328,764352,427375,545----216,000234,000
170/4 -----20,69342,93364,82686,382107,605128,499328,764352,427375,545----216,000234,000
42/48 82,01210,79269,61012,16949,159100,735102,798149,436659,37724,42522,79034,161283,179121,29213,23112,44391,283113,912147,139204,859
42 ----20,69322,24021,89321,55621,22320,89420,56423,66323,11822,586----18,00018,000
44 6197923,4019691661952512631541712622893,1593515,80012,44389,7964,4932,1281,356
440/4 6197923,4019691661952512631541712622893,1593515,80012,44389,7964,4932,1281,356
45 7,20010,00023,38111,2003,3003,3005,6556,6164,0003,1781,9648,6161,7603,0007,432-2238,63712,71111,310
450/3 7,20010,00023,38111,2003,3003,3005,6556,6164,0003,1781,9648,6161,7603,0007,432-2238,63712,71111,310
47/48 74,194-42,828-25,00075,00075,000121,000634,000182-1,594255,14295,355--1,264100,782114,301174,194
492/3 --4,466------------1,9293,8595,788--
Income statement
70 ------------219,762188,430----199,035-
76A -----------375,039776-----170,160-
9900 94,102163,747172,317133,66868,57971,186102,32575,050230,29583,57085,30293,082110,66053,22369,67792,505148,809109,57869,33981,216
60/61 ------------109,103139,405----133,440-
630 23,06723,06723,54123,18422,93623,13123,13133,13233,04133,20632,94734,14140,72815,95315,83515,58815,35114,22413,48923,872
640/8 5205054939708342,0391,1451,1401,4803,6215,1123,7072,9562,9452,7603,3712,9283,0053,5192,526
66A ----53112106111134,69350--------2,500-
9901 70,516140,175148,282109,51444,75645,90577,94340,66761,08046,69347,24355,23466,97534,32551,08173,547130,53092,34952,33154,817
75/76B 23,300-----92121,1072,6093,8818487,7161,1462,4096,3798,77221,40617,3642,036
75 23,300-----9212-2,6093,8818487,7161,1462,4096,3798,77221,40617,3642,036
76B --------1,107-----------
65/66B 439102392606309701,3011,6511,9812,2917,74210,73316,44518,1441381,1191,52018,39913,27413,191
65 439102392606309701,3011,6511,9812,2917,74210,73316,44518,1441381,1191,52018,39913,27413,191
9903 93,377140,073148,243109,25444,12644,93576,65239,22760,20747,01143,382420,38859,02217,32753,35378,806137,78195,356224,08143,663
67/77 21,34340,01842,82830,21310,85011,72021,24210,84815,43913,68416,037138,07713,8043,41512,35820,37738,50824,31773,34811,969
9904 72,034100,055105,41579,04033,27633,21455,41028,37944,76833,32727,345282,31145,21813,91140,99458,42999,27371,040150,73331,694
9905 72,034100,055105,41579,04033,27633,21455,41028,37944,76833,32727,345282,31145,21813,91140,99458,42999,27371,040150,73331,694
Appropriation of the result
9906 304,081332,047336,992489,426443,385443,109464,895435,485443,106398,338365,011351,782721,732676,514662,603621,609563,180463,906392,867242,133
14P 232,047231,992231,577410,385410,109---------------
791/2 74,194-33,629-------585,000---------
691/2 72,000100,000105,00079,00033,00033,00055,00026,00036,000-585,00014,116652,261-------
691 ------------650,000-------
6920 -----------14,1162,261-------
6921 72,000100,000105,00079,00033,00033,00055,00026,00036,000-585,000---------
694/7 74,194-33,629-----------------
694 74,194-33,629-----------------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 15 older financial years (1991-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 4 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.

Source: Annual accounts 2025 at the NBB, filed on 23-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 23-06-2026 2026-00194573 PDF
31-12-2024 micro format 18-06-2025 2025-00165986 PDF
31-12-2023 abbreviated format 03-10-2024 2024-00490989 PDF
31-12-2023 micro format 12-07-2024 2024-00239113 PDF
31-12-2022 micro format 18-04-2023 2023-00061182 PDF
31-12-2021 micro format 22-06-2022 2022-20087305 PDF
31-12-2020 micro format 14-06-2021 2021-20600537 PDF
31-12-2019 micro format 24-06-2020 2020-20300535 PDF
31-12-2018 micro format 27-06-2019 2019-24500267 PDF
31-12-2017 micro format 27-06-2018 2018-25700260 PDF
31-12-2016 micro format 10-07-2017 2017-29600479 PDF
31-12-2015 abbreviated format 15-07-2016 2016-33200324 PDF
31-12-2014 abbreviated format 31-08-2015 2015-52400386 PDF
31-12-2013 abbreviated format 30-06-2014 2014-23500478 PDF
31-12-2012 abbreviated format 29-08-2013 2013-51900544 PDF
31-12-2011 abbreviated format 06-08-2012 2012-38500470 PDF
31-12-2010 abbreviated format 04-07-2011 2011-24900076 PDF
31-12-2009 abbreviated format 20-07-2010 2010-32900471 PDF
31-12-2008 abbreviated format 30-06-2009 2009-34300384 PDF
31-12-2007 abbreviated format 09-07-2008 2008-38700038 PDF
31-12-2006 abbreviated format 27-06-2007 2007-28300399 PDF
31-12-2005 abbreviated format 23-08-2006 2006-65803703 PDF
31-12-2004 abbreviated format 23-08-2005 2005-65201373 PDF
31-12-2003 abbreviated format 08-07-2004 2004-42601365 PDF
31-12-2002 abbreviated format 09-05-2003 2003-13400094 PDF
31-12-2001 abbreviated format 08-04-2002 2002-09100002 PDF
31-12-2000 abbreviated format 04-05-2001 2001-11300255 PDF
31-12-1999 abbreviated format 09-05-2000 2000-12200027 PDF
31-12-1998 abbreviated format 15-06-1999 1999-18800855 PDF
31-12-1997 abbreviated format 24-04-1998 1998-07501145 PDF
31-12-1996 abbreviated format 21-05-1997 1997-08500576 PDF
31-12-1995 abbreviated format 24-05-1996 1996-09603791 PDF
31-12-1994 abbreviated format 22-05-1995 1995-08903018 PDF
31-12-1993 abbreviated format 18-05-1994 1994-08503600 PDF
31-12-1992 abbreviated format 05-05-1993 1993-06404016 PDF
31-12-1991 abbreviated format 19-05-1992 1992-06202917 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
93,583163,242171,823132,69867,69269,036101,07473,79994,12279,89980,19089,376107,70350,27866,91789,134145,881106,57365,82178,689
95,101123,122128,956102,22456,21256,34578,54161,51277,80966,53360,292316,45285,94629,86456,82974,017114,62585,264164,22355,566
00-293,6005,40077102,369456-134,0371,296-298-106,041619,2031,762435,29313,50448,1688,39715,294255,050
-27,721-134,817245,56457,312-26,56432,67713,505-167,07270,01448,67512,5737,887-12,614-1,447-2,781-68,04375,731-6,85614,123-
416,640395,733277,07788,165-8,659-43,407-77,512-131,790-171,290272,087224,744364,419-34,411581,964177,317547,710489,126424,599557,790-61,488
------------30.5%18.2%----26.3%-
90.1%98.6%89.7%98.5%93.4%84.6%81.3%72.9%42.4%89.6%87.9%74.8%55.5%62.1%98.4%98.1%88.0%83.4%59.4%46.4%
6.0837.674.988.240.820.570.250.120.7412.1410.8611.670.885.8014.4045.026.364.734.790.70
6.0837.674.988.240.820.570.250.120.7412.1410.8611.670.881.4614.4045.023.204.224.700.70
0.110.010.110.020.070.180.230.371.360.120.140.340.800.610.020.020.140.200.681.16
9.7%13.4%16.4%10.2%4.8%5.0%8.8%4.9%8.2%2.9%2.5%26.2%5.7%1.7%5.1%7.7%14.2%11.8%28.4%8.3%
8.7%13.2%14.7%10.0%4.5%4.2%7.1%3.6%3.5%2.6%2.2%19.6%3.2%1.1%5.0%7.6%12.5%9.9%16.9%3.9%
over 100over 100over 100over 100over 100---------------
------------17 days13 days----10 days-
------------11 days1 day----6 days-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets---€5,400€771
€23,067€23,067€23,541€23,184€22,936

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on TECNIC

The operating result for 2025 is 50% lower than in 2024 and the lowest since 2021. It is the second fall in a row.

Debt's share of the balance-sheet total rises from 1.4% to 9.9%. Equity is lower and debt is higher.

Board & ownership

Board

2 directors, last change in 2024
DE GROOTE Nicolas
Director
appointed by deed of 18-06-2024 term for the life of the company
earlier bestuurder(en gedelegeerd bestuurder) van naamloze vennootschap, until 18-06-2024
HENCKES Marie
Director
appointed by deed of 18-06-2024 term for the life of the company
earlier bestuurder(en gedelegeerd bestuurder) van naamloze vennootschap, until 18-06-2024

Office holders in the KBO →

Mandates through the years

5 names, the dashed line is today
DE GROOTE Nicolas
Director
HENCKES Marie
Director
ALTITUDE
Director
Artemis
Director
TECNIC
Director
BoardEarliermandate already running before its first mentionend not dated
Mandates as a list
  • DE GROOTE Nicolas
    • Director, from 04-04-2017 to date
    • Bestuurder(en gedelegeerd bestuurder) van naamloze vennootschap, until 18-06-2024
  • HENCKES Marie
    • Director, from 04-04-2017 to date
    • Bestuurder(en gedelegeerd bestuurder) van naamloze vennootschap, until 18-06-2024
  • ALTITUDE
    • Director, appointed by deed of 24-01-2025, no longer listed in the 2025 annual accounts
  • Artemis
    • Director, appointed by deed of 24-01-2025, no longer listed in the 2025 annual accounts
  • TECNIC
    • Director, appointed by deed of 09-04-2024, no longer listed in the 2025 annual accounts

See the board, name and registered office on a given date →

Control

Shareholders
Nicolas De Groote, Marie-Valérie Henckes
This company
TECNIC
Equity €742,503
Profit €72,034 in 2025

Capital

Capital
€70,995.42
Shares
2,000 in the deed of 09-04-2024
Source
deed of 18-06-2024

Articles of association

deed of 18-06-2024 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited

Shareholders

Stated in the deed deed of 09-04-2024 ↗

Capital transactions

Capital over time
  1. 18-06-2024 Capital reduction of €5,004.58 · to €70,995.42 · “verhoudingsgewijze zonder vernietiging van aandelen,door vermindering fractiewaarde bestaande aandelen”
  2. 09-04-2024 Capital stated in the deed · €76,000 · 2,000 shares

Network & group

Holdings

own 2020 accounts, the bar shows equity in euros
This companyTECNIC1 holding, 1 country 2020 accounts

Belgium 1 Equity Result

  • BE Linorex97.87%no longer active €148,401 result €134,520

Source: list of holdings in its own 2020 accounts. Every holding stands with its own latest accounts.

At the same address

Romeinse Put 15, 2650 Edegem · 4 other companies
CORNELIUS
registered office since 19-05-2025
 founded in 2025
1024.042.856
CORNELIUS TEC
registered office since 17-01-2025
 founded in 2025
1020.600.247
GTN NG
registered office since 01-08-2024
 founded in 2024
1011.018.330
GTN
registered office since 01-01-2013
 founded in 2013
0501.852.066

Earlier ties

LINOREX NG
via ALTITUDE, at TECNIC, last mentioned in 2025 · Director · deed of 10-05-2024
founded in 2024
 total assets €465,050 (2025)

Holdings and subsidiaries

1 holding

Holdings 1

Share, source and own figures per holding (1)
Holdings through the years 2011 to 2020
Holdings through the years
Name2011201220132014201520162017201820192020
LINOREX 97.87%
Kasteelhoeve Wange 10%
KHEIRON INVEST 10%

Source: list of holdings in its own accounts

Acquisitions and mergers

2 transactions
Took over:LINOREX
BE 0883.626.448operation treated as a merger by absorption · Gazette deed of 12-06-2024 (4 deeds) · effective 14-03-2024
Split off to:LINOREX NG
partial demerger · Gazette deed of 18-06-2024 (3 deeds)

Connections & network

Depth

The network starts from the earlier ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

53 events since 1990

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBabbreviated format · 38 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0441154119
Annual accounts 2024 filed PDFmicro format · 43 days before the deadline
2 directors appointedAltitude bv and Artemis bv · Permanent representatives: Maxime De Groote and Pauline De Groote · General meeting of 06-12-20245 points ▸
  • General meeting, 06-12-2024
  • Director appointment, Altitude bv
  • Permanent representative, Maxime De Groote
  • Director appointment, Artemis bv
  • Permanent representative, Pauline De Groote

Open the deed in the Belgian Official Gazette

2024
Liquidity more than 7 times current ratio 37.67 The current ratio rises from 4.98 to 37.67. Short-term debt falls from €69,610 to €10,792.
Annual accounts 2023 filed NBBabbreviated format
Annual accounts 2023 filed PDFmicro format · 19 days before the deadline
Demerger: TECNIC splits off to LINOREX NGCapital decrease of €5,004.58 to €70,995.42 · Capital from €76,000 to €70,995.42 · Changes of role: DE GROOTE Nicolas (director) and HENCKES Marie (director)10 points ▸
  • Accounting effect, 01-10-2023
  • Capital decrease, €5,004.58
  • Amendment of the articles, article 5
  • Legal-form conversion, from public limited company to private limited company
  • 11,360 shares
  • Director resignation, DE GROOTE Nicolas (bestuurder(en gedelegeerd bestuurder) van naamloze vennootschap)
  • Director resignation, HENCKES Marie (bestuurder(en gedelegeerd bestuurder) van naamloze vennootschap)
  • Director appointment, DE GROOTE Nicolas
  • Director appointment, HENCKES Marie
  • Registered office clause, Romeinse Put 15, 2650 Edegem
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

Merger: TECNIC takes over LINOREXThe company holds all the shares of LINOREX2 points ▸
  • The company holds all the shares of LINOREX
  • Accounting effect, 01-10-2023
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

Merger proposal: TECNIC takes over LINOREXPermanent representatives: Nicolas De Groote and Maxime De Groote · The company holds all the shares of LINOREX6 points ▸
  • The company holds all the shares of LINOREX
  • Permanent representative, Nicolas De Groote
  • Board composition, ALTITUDE (director)
  • Permanent representative, Maxime De Groote
  • Accounting effect, 01-10-2023
  • Real estate, LINOREX
  • The deed holds 7 more points.

Open the deed in the Belgian Official Gazette

Demerger proposal: TECNIC splits off to LINOREX NGAppointments: TECNIC (director) and ALTITUDE (director) · Permanent representatives: Nicolas De Groote and Maxime De Groote · Nicolas De Groote holds 1,000 shares (50%)15 points ▸
  • Board composition, Nicolas De Groote (director)
  • Board composition, Marie-Valérie Henckes (director)
  • Director appointment, TECNIC
  • Permanent representative, Nicolas De Groote
  • Director appointment, ALTITUDE
  • Permanent representative, Maxime De Groote
  • Capital, €76,000, 2,000 shares
  • Nicolas De Groote holds 1,000 shares (50%), mentioned twice in the deed
  • Marie-Valérie Henckes holds 1,000 shares (50%), mentioned twice in the deed
  • Accounting effect, 01-10-2023
  • Power of attorney, Nick Boonen
  • Power of attorney, Gilles Van Namen
  • Power of attorney, Yoram Descheemaeker
  • Power of attorney, Hanne Eyckerman
  • Power of attorney, Jan Joostens
  • The deed holds 15 more points.

Open the deed in the Belgian Official Gazette

2023
Annual accounts 2022 filed PDFmicro format · 104 days before the deadline
2022
Liquidity times 10 current ratio 8.24 The current ratio rises from 0.82 to 8.24. Short-term debt falls from €49,159 to €12,169.
Annual accounts 2021 filed PDFmicro format · 39 days before the deadline
2021
Annual accounts 2020 filed PDFmicro format · 47 days before the deadline
2020
Annual accounts 2019 filed PDFmicro format · 37 days before the deadline
2019
Annual accounts 2018 filed PDFmicro format · 34 days before the deadline
2018
Annual accounts 2017 filed PDFmicro format · 34 days before the deadline
2017
Annual accounts 2016 filed PDFmicro format · 21 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 16 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 31 days late
2014
Highest result from 2006 to 2025 net €282,311 ▲524% The net result of €282,311 is the highest of those years.
Liquidity more than 13 times current ratio 11.67 The current ratio rises from 0.88 to 11.67. Short-term debt falls from €283,179 to €34,161.
Equity above €1m equity €1.1m ▲35.5% Equity rises from €794,232 to €1.1m.
Annual accounts 2013 filed PDFabbreviated format · 31 days before the deadline
2013
Annual accounts 2012 filed PDFabbreviated format · 29 days late
2012
Weakest financial year net €13,911 ▼66.1% The net result drops to €13,911, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2011 filed PDFabbreviated format · 6 days late
2011
Annual accounts 2010 filed PDFabbreviated format · 27 days before the deadline
2010
Liquidity more than 7 times current ratio 45.02 The current ratio rises from 6.36 to 45.02. Short-term debt falls from €91,283 to €12,443.
Annual accounts 2009 filed PDFabbreviated format · 11 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 31 days before the deadline
2008
Annual accounts 2007 filed PDFabbreviated format · 22 days before the deadline
2007
Liquidity more than 6 times current ratio 4.79 The current ratio rises from 0.70 to 4.79. Short-term debt falls from €204,859 to €147,139.
Equity above €500,000 equity €530,367 ▲39.7% With a profit in every financial year since 2006, equity grows to €530,367.
Annual accounts 2006 filed PDFabbreviated format · 34 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
Annual accounts 1998 filed PDFabbreviated format
1998
Annual accounts 1997 filed PDFabbreviated format
1997
Annual accounts 1996 filed PDFabbreviated format
1996
Annual accounts 1995 filed PDFabbreviated format
1995
Annual accounts 1994 filed PDFabbreviated format
1994
Annual accounts 1993 filed PDFabbreviated format
1993
Annual accounts 1992 filed PDFabbreviated format
1992
Annual accounts 1991 filed PDFabbreviated format
1990
First establishment Romeinse Put 15, Edegem
Incorporation published on 21-07-1990

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 2 July 1990, TECNIC was incorporated.1 LINOREX was merged into the company in 2024.2 The company has filed 36 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 12-06-2024
  3. 3National Bank, annual accounts 2025

Company details

Identity

Enterprise number
0441.154.119
VAT number
BE 0441.154.119
Peppol ID
0208:0441154119
Legal form
Private limited company
Status
Active, normal situation
Founded
02-07-1990
Financial year
ends on 31 December
Peppol
Reachable since 15-10-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
TECNIC in Dutch
Trade name
LEASE-TECNIC - FINANCIAL TECNIC in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 18-06-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 18-06-2024 (in Dutch)

Activities

NACEBEL 2025
68203 Renting and operating of own or leased non-residential real estate, excluding land main activity
70200 Business and other management consultancy
Codes under NACEBEL 2008
68203 Real estate rental main activity
70220 Business consulting
Codes under NACEBEL 2003
74142 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“In de ruimste zin het verstrekken van alle adviezen en het presteren van alle diensten of het geven van raad bij het voorbereiden of ten…”
10 activities
  1. In de ruimste zin het verstrekken van alle adviezen en het presteren van alle diensten of het geven van raad bij het voorbereiden of ten uitvoer leggen van alle besluiten alsmede iedere vorm van consultancy met betrekking tot het ontstaan,de ontwikkeling,de organisatie en reorganisatie van alle in België of daarbuiten gevestigde vennootschappen,ondernemingen en bedrijven,verenigingen en stichtingen
  2. Alle deelaspecten van de administratie,boekhouding,het financieel beleid,het risk-management(verzekeringen),het personeelsbeleid,commercieel beleid en,in het algemeen,het dagelijks beleid van zulke vennootschappen,ondernemingen en bedrijven,verenigingen en stichtingen
  3. Het aankopen,verkopen,huren,verhuren van alle installaties,materieel en benodigdheden die betrekking hebben op voormeld doel,of die van aard zijn de verwezenlijking ervan te begunstigen,of die ermede verknocht zijn
  4. Het aankopen en beheren,verkopen,in huur nemen en verhuren van alle roerende en onroerende goederen
  5. De verpakking,het monteren en de distributie van goederen
  6. Het bemiddelen in verzekeringen en financiële aangelegenheden
  7. Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren,onder om het even welke vorm;in dit kader kan zij zich ook borg stellen of haar aval verlenen,in de meest ruime zin,alle handels-en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan depositobanken,houders van deposito's op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen
  8. Het waarnemen van alle bestuursopdrachten,het uitoefenen van opdrachten en functies
  9. Zij kan alle handels-,nijverheids-,financiële,roerende en onroerende verrichtingen uitvoeren,die rechtstreeks of onrechtstreeks in verband staan met haar doel of die van aard zijn dit te begunstigen;zo kan zij ondermeer een belang nemen in iedere onderneming waarvan het doel gelijkaardig,overeenkomstig of verwant is met het hare
  10. Zij kan zich ten gunste van dezelfde vennootschappen borgstellen of haar aval verlenen,optreden als agent of vertegenwoordiger,voorschotten toestaan,kredieten verlenen,hypothecaire of andere zekerheden verstrekken
deed of 18-06-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Romeinse Put 15 registered office 2650 Edegem 64910 Financial service activities, except insurance and pension funding 03-08-1990 2.049.189.534

Buildings and parcels at the address

Ground area
135 m²

Location

registered office establishment The establishment unit on the map
5 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
11472B0205/00M002135 m² - -

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