TECNO MATIC

Active

Public limited companyfounded 198739 yrs activeCharles Degrouxstraat 32, 1040 Etterbeek, BelgiumKBO/BCE: BE 0431.376.519

TECNO MATIC has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23k and a net result of €10k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 23% of 296 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Watch Print / PDF

Checked score

Score 2025

59 / 100

Fair

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability72▲+3

Solvency31▲+3

Growth52=

Track record100

Bankruptcy probability, 12 months

1.0% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

Liquidity tight (current ratio 1.13 against 1.58 in 2024; short-term debt: 71.5% and cash: 74.9% of total assets), and 94.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Ten signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

5.6%

Return on assets

2.5%

Age of the figures

9 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 296 sector peers (2025).

NBB · sector comparison

Position among 296 sector peers

Solvency

better than 23%

← weakest strongest →

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year €23k

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-05-2026, 74 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

74 d early

2024

15 d early

2023

41 d early

2022

5 d early

2021

18 d early

2020

95 d early

2019

45 d early

← before the deadline after the deadline →

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 months

Position in the running window

17-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€10k▲ 390%

2024 · €2k

2018: €78k 2019: €-3k 2020: €62k 2021: €-8k 2022: €-5k 2023: €38k 2024: €2k

2018 → 2025

Working capital

€38k▼ 67.2%

2024 · €117k

2018: €166k 2019: €163k 2020: €240k 2021: €218k 2022: €138k 2023: €110k 2024: €117k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€-22k-€-27k▼ 24.7%€10k€13k▲ 20.4%€23k▲ 83.0%

Operating result€-7k-€-4k▲ 41.8%€40k€4k▼ 90.2%€23k▲ 479%

Net result€-8k-€-5k▲ 34.5%€38k€2k▼ 94.3%€10k▲ 390%

Result per fiscal year

Operating resultNet result

The operating result recovers in 2025; 2025 is 479% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €412k

19.2%

80.8%

Fixed assets €79k▲ 35.4%

Current assets €333k▲ 5.0%

Equity and liabilities €412k

94.4%

Equity €23k▲ 83.0%

Debt €389k▲ 7.2%

The debt ratio falls from 96.7% to 94.4%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€50k▲

2024 · €30k

Cash flow

€38k▲

2024 · €29k

Solvency

5.6%▲

2024 · 3.3%

Current ratio

1.13▼

2024 · 1.58

Quick ratio

1.09▼

2024 · 1.50

Debt / equity

16.93▼

2024 · 28.89

ROE

45.4%▲

2024 · 16.9%

ROA

2.5%▲

2024 · 0.6%

Interest coverage

6.30▼

2024 · 36.54

Debt

€389k▲

2024 · €363k

Debt ≤ 1 year

€295k▲

2024 · €200k

Debt > 1 year

€90k▼

2024 · €162k

Income taxes

€4k▲

2024 · €1k

Staff costs

€93k▲

2024 · €87k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€375k€412k▲

Fixed assets21/28€58k€79k▲

Tangible fixed assets22/27€58k€75k▲

Plant, machinery and equipment23€49k€70k▲

Furniture and vehicles24€9k€5k▼

Financial fixed assets28€523€4k▲

Current assets29/58€317k€333k▲

Stocks and contracts in progress3€16k€13k▼

Stocks30/36€16k€13k▼

Amounts receivable within one year40/41€54k€10k▼

Trade receivables40€54k€10k▼

Other amounts receivable41€0-

Cash at bank and in hand54/58€245k€309k▲

Deferred charges and accrued income490/1€2k€1k▼

Equity and liabilities

Total equity and liabilities10/49€375k€412k▲

Equity10/15€13k€23k▲

Contributions10/11€62k€62k=

Capital10€62k€62k=

Issued capital100€62k€62k=

Reserves13€4k€4k=

Non-distributable reserves130/1€2k€2k=

Legal reserve130€2k€2k=

Distributable reserves133€2k€2k=

Profit (loss) carried forward14€-54k€-43k▲

Amounts payable17/49€363k€389k▲

Amounts payable after more than one year17€162k€90k▼

Financial debts170/4€708€0▼

Other amounts payable178/9€162k€90k▼

Amounts payable within one year42/48€200k€295k▲

Current portion of amounts payable after more than one year42€3k€708▼

Trade debts44€26k€122k▲

Suppliers440/4€26k€122k▲

Taxes, remuneration and social security45€26k€29k▲

Taxes450/3€9k€12k▲

Remuneration and social security454/9€17k€17k▲

Other amounts payable47/48€146k€142k▼

Accrued charges and deferred income492/3€0€4k▲

Income statement Code20242025

Remuneration, social security and pensions62€87k€93k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€28k▲

Other operating charges640/8€8k€12k▲

Gross operating margin9900€125k€155k▲

Operating profit (loss)9901€4k€23k▲

Financial income75/76B€47€43▼

Recurring financial income75€47€43▼

Financial charges65/66B€832€8k▲

Recurring financial charges65€832€8k▲

Profit (loss) for the period before taxes9903€3k€15k▲

Income taxes67/77€1k€4k▲

Profit (loss) for the period9904€2k€10k▲

Profit (loss) for the period to be appropriated9905€2k€10k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-54k€-43k▲

Profit (loss) brought forward from the previous period14P€-56k€-54k▲

Social balance

Average headcount (FTE)90872.02.0=

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

18-05

NBB filing Annual accounts filed

fiscal year 2025 · full schema

2025

16-07

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

20-06

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

31-12

Financial Back to profitnet €38k

Net result €38k after 2 loss-making years.

26-07

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

13-07

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

31-12

Financial Weakest financial yearnet €-8k ▼113%

Net result drops to €-8k, the lowest in the series; recovery starts the following year.

27-04

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

31-12

Financial Back to profitnet €62k

Net result €62k after one loss-making year.

16-06

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2019

13-06

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

13-06

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

12-06

NBB filing Annual accounts filed

fiscal year 2016 · full schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

12 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, Etterbeek · 4 establishment units since 1987

establishment All 4 establishment units on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Charles Degrouxstraat 321040 Etterbeek

Ground area

8,542 m²

Building footprint

6,990 m²

Volume, LiDAR

49,640 m³

4 parcels, Brussels, Flanders · tallest building 28.2 m, ±4 floors. Linked by address, not a title deed.

4 establishment units

TECNO MATIC

Charles Degrouxstraat 32, 1040 EtterbeekNACE 9301101

since 19872.214.731.120

TECNO MATIC

Waterlose Steenweg 46, 1060 Sint-Gillis (bij-Brussel)NACE 9301101

since 19902.214.729.239

TECNO MATIC

Waterlose Steenweg 350, 1060 Sint-Gillis (bij-Brussel)NACE 9301101

since 19932.214.730.130

TECNO MATIC

Paul Gilsonlaan 470, 1620 DrogenbosNACE 45206

since 20102.214.728.348

4 parcels

Flanders 1 (25%) Brussels 3 (75%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
22001B0047/00A002	Flanders	8,200 m²	1 · 6,689 m²	28.2 m · 2 fl.
21013B0144/00E000	Brussels	126 m²	1 · 121 m²	16.7 m · 4 fl.
21005A0506/00X000	Brussels	110 m²	1 · 71 m²	12.7 m · 3 fl.
21013B0366/00X003	Brussels	105 m²	1 · 109 m²	17.0 m · 4 fl.