TECNOFLEX
ActiveTECNOFLEX has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.08M and a net result of €684k. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 37% of 7689 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
86
/ 100
Excellent▼ -12 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency66▼-33
Growth78=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €180k at 30 days acceptable
Liquidity ample (current ratio 1.53 against 2.64 in 2024), but 66.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← 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
33.5%
Return on assets
11%
Age of the figures
8 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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
2 d early
2023
20 d early
2022
17 d early
2021
24 d early
2020
24 d early
2019
24 d late
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€684k▼ 17.7%
2024 · €831k
2018: €117k
2019: €223k
2020: €118k
2021: €144k
2022: €227k
2023: €666k
2024: €831k
2018 → 2025
Working capital
€1.99M▲ 48.4%
2024 · €1.34M
2018: €939k
2019: €986k
2020: €934k
2021: €895k
2022: €1.05M
2023: €1.74M
2024: €1.34M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.06M-€1.18M▲ 11.1%€1.74M▲ 47.4%€1.41M▼ 19.1%€2.08M▲ 48.1%
Operating result€191k-€303k▲ 58.4%€915k▲ 202%€1.11M▲ 21.8%€995k▼ 10.7%
Net result€144k-€227k▲ 57.4%€666k▲ 193%€831k▲ 24.7%€684k▼ 17.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 11% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.22M
Fixed assets
€454k▲ 1.5%
Current assets
€5.77M▲ 167%
Equity and liabilities €6.22M
Equity
€2.08M▲ 48.1%
Provisions
€333k▲ 0.5%
Debt
€3.81M▲ 339%
The debt ratio rises from 33.3% to 61.2%: debt grows faster than equity.
Key figures and ratios
EBITDA
€1.10M▼
2024 · €1.21M
Cash flow
€786k▼
2024 · €930k
Solvency
33.5%▼
2024 · 54.0%
Current ratio
1.53▼
2024 · 2.64
Quick ratio
1.46▼
2024 · 2.62
Debt / equity
1.83▲
2024 · 0.62
ROE
32.8%▼
2024 · 59.1%
ROA
11.0%▼
2024 · 31.9%
Interest coverage
13.08▼
2024 · 90.66
Debt
€3.81M▲
2024 · €867k
Debt ≤ 1 year
€3.78M▲
2024 · €816k
Debt > 1 year
€20k▼
2024 · €34k
Income taxes
€242k▼
2024 · €304k
Staff costs
€1.68M▲
2024 · €1.48M
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€2.60M€6.22M▲
Fixed assets21/28€448k€454k▲
Intangible fixed assets21€1k€1k▼
Tangible fixed assets22/27€263k€204k▼
Plant, machinery and equipment23€58k€46k▼
Furniture and vehicles24€27k€27k▲
Leasing and similar rights25€93k€58k▼
Other tangible fixed assets26€85k€73k▼
Financial fixed assets28€183k€249k▲
Current assets29/58€2.16M€5.77M▲
Stocks and contracts in progress3€19k€238k▲
Stocks30/36€19k€15k▼
Contracts in progress37-€223k
Amounts receivable within one year40/41€1.01M€4.99M▲
Trade receivables40€962k€706k▼
Other amounts receivable41€45k€4.29M▲
Cash at bank and in hand54/58€1.11M€520k▼
Deferred charges and accrued income490/1€20k€20k▼
Equity and liabilities
Total equity and liabilities10/49€2.60M€6.22M▲
Equity10/15€1.41M€2.08M▲
Contributions10/11€19k€19k=
Reserves13€42k€42k=
Non-distributable reserves130/1€42k€42k=
Reserves not available under the articles1311€42k€42k=
Profit (loss) carried forward14€1.34M€2.02M▲
Investment grants15€7k€0▼
Provisions and deferred taxes16€331k€333k▲
Provisions for liabilities and charges160/5€331k€333k▲
Other liabilities and charges164/5€331k€333k▲
Deferred taxes168€232€0▼
Amounts payable17/49€867k€3.81M▲
Amounts payable after more than one year17€34k€20k▼
Financial debts170/4€34k€20k▼
Amounts payable within one year42/48€816k€3.78M▲
Current portion of amounts payable after more than one year42€21k€14k▼
Financial debts43€6k€2.97M▲
Credit institutions430/8€6k€2.97M▲
Trade debts44€439k€479k▲
Suppliers440/4€439k€479k▲
Advances received on contracts in progress46€115k€67k▼
Taxes, remuneration and social security45€235k€120k▼
Taxes450/3€170k€46k▼
Remuneration and social security454/9€65k€74k▲
Other amounts payable47/48-€130k
Accrued charges and deferred income492/3€17k€8k▼
Income statement
Code20242025
Non-recurring operating income76A€19k€7k▼
Remuneration, social security and pensions62€1.48M€1.68M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€99k€102k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€5k€33k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€3k€2k▼
Other operating charges640/8€51k€28k▼
Non-recurring operating charges66A€13k€0▼
Gross operating margin9900€2.77M€2.84M▲
Operating profit (loss)9901€1.11M€995k▼
Financial income75/76B€34k€15k▼
Recurring financial income75€34k€15k▼
Financial charges65/66B€13k€84k▲
Recurring financial charges65€13k€84k▲
Profit (loss) for the period before taxes9903€1.13M€926k▼
Transfer from deferred taxes780€232€232=
Income taxes67/77€304k€242k▼
Profit (loss) for the period9904€831k€684k▼
Profit (loss) for the period to be appropriated9905€831k€684k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.49M€2.02M▼
Profit (loss) brought forward from the previous period14P€1.66M€1.34M▼
Transfer from equity791/2€0-
Profit to be distributed694/7€1.16M€0▼
Return on contributions (dividend)694€1.16M€0▼
Social balance
Average headcount (FTE)908724.025.1▲
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €2MEq €2.08M ▲48.1%
8 profitable years in a row build equity to €2.08M.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €831k ▲24.7%
Operating result €1.11M, net result €831k, both a record.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 24 days late
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
05-07
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
6 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, Brussel · 2 establishment units since 1978
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.
Vilvoordsesteenweg 156B1120 BrusselGround area
1.6 ha
Building footprint
1,748 m²
Volume, LiDAR
18,080 m³
2 parcels, Brussels · tallest building 22.1 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
Vilvoordsesteenweg 156B, 1120 Brussel
since 19782.014.727.414
TECNOFLEX SPRL
since 20182.274.174.205
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21819B0053/00K002 | Brussels | 1.5 ha | 1 · 1,046 m² | 22.1 m · 5 fl. |
| 21819B0161/00B003 | Brussels | 1,631 m² | 1 · 702 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
European Union, budget
2021 to 2022 · 2 entries · 192,199 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2022 | 1 | 40,603 EUR |
| 2021 | 1 | 151,595 EUR |
Projects
AMÉNAGEMENTS DES LOCAUX
AMÉNAGEMENTS DES LOCAUX
Recognitions · licences · registrations
Recognised contractor
3 categoriesTECNOFLEX SRL28852
Legal Entity Identifier
5299004NAEI0459KRS13
Similar companies · same sector, comparable size
Best Fence Products
BE 0675.647.263
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LEMMENS
BE 0426.778.125
Hannut · Eq €2.09M
TOPPOORT
BE 0738.729.432
Dendermonde · Eq €2.10M
ELECTROCOAT GENK
BE 0441.514.207
Genk · Eq €2.06M
Metaalconstructies Verlooy
BE 0422.945.635
Mol · Eq €2.06M
Of 904 companies in sector 25120 we hold annual accounts for 673. 400 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-02-1978
Fiscal year end31-12
Activities, NACEBEL
25120Manufacture of fabricated metal products, except machinery and equipment
43320Joinery installation
43990Other specialised construction activities
43999Specialised construction activities
45250
45422
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.