TECO
ActiveTECO has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16.88M and a net result of €4.69M. Equity is growing by ~19.3% per year across the filed fiscal years. Its solvency ranks better than 93% of 98 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
100
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth85=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.7M at 30 days acceptable
Liquidity ample (current ratio 6.34 against 4.51 in 2024), and 14.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
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
85.2%
Return on assets
23.7%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 22
Relative position
BE, all sectors
reference
Sector 22
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
10 d late
2024
on the day
2023
8 d late
2022
on the day
2021
on the day
2020
19 d early
2019
25 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€17.02M▲ 0.8%
2024 · €16.88M
2018: €2.92M
2021: €6.92M
2022: €9.77M
2023: €14.87M
2024: €16.88M
2018 → 2025
EBIT margin
35.5%=
2024 · 35.6%
2018: 8.5%
2021: 28.8%
2022: 25.0%
2023: 32.7%
2024: 35.6%
2018 → 2025
Net result
€4.69M▲ 1.4%
2024 · €4.63M
2018: €589k
2019: €368k
2020: €586k
2021: €1.53M
2022: €1.81M
2023: €3.65M
2024: €4.63M
2018 → 2025
Working capital
€15.11M▲ 53.7%
2024 · €9.83M
2018: €4.06M
2019: €4.58M
2020: €3.72M
2021: €993k
2022: €2.17M
2023: €5.28M
2024: €9.83M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€6.92M-€9.77M▲ 41.2%€14.87M▲ 52.2%€16.88M▲ 13.5%€17.02M▲ 0.8%
Equity€2.09M-€3.90M▲ 86.8%€7.55M▲ 93.7%€12.18M▲ 61.3%€16.88M▲ 38.5%
Operating result€1.99M-€2.44M▲ 22.4%€4.87M▲ 99.6%€6.01M▲ 23.3%€6.05M▲ 0.7%
Net result€1.53M-€1.81M▲ 18.4%€3.65M▲ 102%€4.63M▲ 26.7%€4.69M▲ 1.4%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 1% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €19.80M
Fixed assets
€1.86M▼ 24.6%
Current assets
€17.94M▲ 42.1%
Equity and liabilities €19.80M
Equity
€16.88M▲ 38.5%
Provisions
€55k
Debt
€2.87M▼ 1.4%
The debt ratio falls from 19.3% to 14.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€6.84M▲
2024 · €6.82M
Cash flow
€5.48M▲
2024 · €5.44M
Solvency
85.2%▲
2024 · 80.7%
Current ratio
6.34▲
2024 · 4.51
Quick ratio
5.62▲
2024 · 3.76
Debt / equity
0.17▼
2024 · 0.24
ROE
27.8%▼
2024 · 38.0%
ROA
23.7%▼
2024 · 30.7%
Interest coverage
1949.57▲
2024 · 675.73
Debt
€2.87M▼
2024 · €2.91M
Debt ≤ 1 year
€2.83M▲
2024 · €2.80M
Debt > 1 year
€34k▼
2024 · €104k
Income taxes
€1.58M▲
2024 · €1.57M
Staff costs
€1.52M▲
2024 · €1.20M
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€15.09M€19.80M▲
Fixed assets21/28€2.46M€1.86M▼
Intangible fixed assets21€60k€48k▼
Tangible fixed assets22/27€2.40M€1.81M▼
Land and buildings22€834k€887k▲
Plant, machinery and equipment23€1.34M€794k▼
Furniture and vehicles24€90k€107k▲
Leasing and similar rights25€143k€22k▼
Current assets29/58€12.63M€17.94M▲
Stocks and contracts in progress3€2.12M€2.02M▼
Stocks30/36€2.12M€2.02M▼
Raw materials and consumables30/31-€1.01M
Work in progress32-€488k
Finished goods33-€55k
Goods purchased for resale34-€473k
Amounts receivable within one year40/41€7.91M€15.58M▲
Trade receivables40€1.22M€1.75M▲
Other amounts receivable41€6.69M€13.83M▲
Cash at bank and in hand54/58€2.59M€334k▼
Deferred charges and accrued income490/1€6k€5k▼
Equity and liabilities
Total equity and liabilities10/49€15.09M€19.80M▲
Equity10/15€12.18M€16.88M▲
Contributions10/11€157k€157k=
Capital10€157k€157k=
Issued capital100€157k€157k=
Reserves13€70k€70k=
Non-distributable reserves130/1€16k€16k=
Legal reserve130€16k€16k=
Distributable reserves133€54k€54k=
Profit (loss) carried forward14€11.96M€16.65M▲
Provisions and deferred taxes16-€55k
Provisions for liabilities and charges160/5-€55k
Other liabilities and charges164/5-€55k
Amounts payable17/49€2.91M€2.87M▼
Amounts payable after more than one year17€104k€34k▼
Financial debts170/4€104k€34k▼
Leasing and similar obligations172-€34k
Amounts payable within one year42/48€2.80M€2.83M▲
Current portion of amounts payable after more than one year42€107k€70k▼
Trade debts44€974k€1.35M▲
Suppliers440/4€974k€1.35M▲
Taxes, remuneration and social security45€1.72M€1.41M▼
Taxes450/3€1.53M€1.18M▼
Remuneration and social security454/9€187k€232k▲
Accrued charges and deferred income492/3€9k€4k▼
Income statement
Code20242025
Operating income70/76A-€16.98M
Turnover70€16.88M€17.02M▲
Change in stocks of work in progress, finished goods and contracts in progress71-€-63k
Other operating income74-€18k
Operating charges60/66A-€10.93M
Goods, raw materials, services and sundry goods60/61€8.91M-
Goods for resale, raw materials and consumables60-€6.78M
Purchases600/8-€6.74M
Change in stocks: decrease (increase)609-€35k
Services and other goods61-€1.75M
Remuneration, social security and pensions62€1.20M€1.52M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€811k€791k▼
Other operating charges640/8€27k€36k▲
Non-recurring operating charges66A€60k€55k▼
Gross operating margin9900€8.11M-
Operating profit (loss)9901€6.01M€6.05M▲
Financial income75/76B€201k€231k▲
Recurring financial income75€201k€231k▲
Income from current assets751-€230k
Other financial income752/9-€387
Financial charges65/66B€10k€9k▼
Recurring financial charges65€10k€9k▼
Debt charges650-€4k
Other financial charges652/9-€5k
Profit (loss) for the period before taxes9903€6.20M€6.27M▲
Income taxes67/77€1.57M€1.58M▲
Taxes670/3-€1.58M
Profit (loss) for the period9904€4.63M€4.69M▲
Profit (loss) for the period to be appropriated9905€4.63M€4.69M▲
Appropriation of the result
Profit (loss) to be appropriated9906€11.96M€16.65M▲
Profit (loss) brought forward from the previous period14P€7.33M€11.96M▲
Social balance
Average headcount (FTE)908719.522.4▲
The notes to these accounts (75 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
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 10 days late
2025
31-12
Financial
Highest result since 2018net €4.69M ▲1.4%
Operating result €6.05M, net result €4.69M, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €10MEq €12.18M ▲61.3%
7 profitable years in a row build equity to €12.18M.
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 8 days late
2023
31-12
Financial
Equity above €5MEq €7.55M ▲93.7%
6 profitable years in a row build equity to €7.55M.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 25 days late
2019
31-12
Financial
Weakest financial yearnet €368k ▼37.6%
Net result drops to €368k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €5MEq €5.14M ▲7.7%
2 profitable years in a row build equity to €5.14M.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 31 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 24 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 directors, no change since 2025
Robert Kresing
CurrentDirector · since 21-03-2025
Parisian Bidco SAS
CurrentDirector · since 02-10-2023
Profimat BV
CurrentManaging director · since 25-03-2021 · Legal entity
WEEKERS Patrick
CurrentDirector · since 13-12-2016
Anne BOSTEELS
Not recently confirmedDirector · since 13-12-2016
NV PATRIBOS
Not recently confirmedDirector · since 29-02-2016 · Legal entity
21-03-2025
Robert Kresing: Appointed as Director
21-03-2025
Alper Turken: Appointed as Vaste vertegenwoordiger van parisian bidco sas
21-03-2025
Didier Delanoye: Appointed as Vertegenwoordiger commissaris
03-12-2024
Thibaud Lanaspre: Appointed as Vaste vertegenwoordiger
03-12-2024
Grégory Voisin: Resigned as Vaste vertegenwoordiger
08-08-2024
Grégory Voisin: Appointed as Vaste vertegenwoordiger
08-08-2024
Mathieu Sarday: Resigned as Vaste vertegenwoordiger
02-10-2023
Parisian Bidco SAS: Appointed as Director
02-10-2023
Marc Van Opstal: Resigned as Director
25-03-2021
Profimat BV: Appointed as Managing director
25-03-2021
Marc Van Opstal: Appointed as Director
08-03-2021
WEEKERS Patrick: Appointed as Director
08-03-2021
Anne BOSTEELS: Resigned as Director
13-12-2016
WEEKERS Patrick: Appointed as Director
13-12-2016
WEEKERS Patrick: Appointed as Managing director
13-12-2016
Anne BOSTEELS: Appointed as Director
29-02-2016
NV PATRIBOS: Appointed as Director
29-02-2016
BVBA Ney Invest: Resigned as Director
02-02-2015
BVBA Ney Invest: Appointed as Director
02-02-2015
CVA WEEKERS: Resigned as Director
Location & real-estate footprint
Registered office, Dendermonde · 1 establishment unit since 1991
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.
Wissenstraat 149200 DendermondeGround area
5,179 m²
Building footprint
2,679 m²
Volume, LiDAR
23,524 m³
Parcel 42021A0902/00D000, Flanders · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TECO
since 19912.041.800.708
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42021A0902/00D000 | Flanders | 5,179 m² | 1 · 2,679 m² | 10.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
2 auditors| BV PwC BedrijfsrevisorenCurrent Statutory auditor | 21-03-2025 → present |
Show 1 earlier auditors
| Didier Delanoye Statutory auditor succeeded by BV PwC Bedrijfsrevisoren in 2025 | 03-01-2022 → 21-03-2025 |
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deSter
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Of 596 companies in sector 22260 we hold annual accounts for 278. 109 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded08-12-1988
Fiscal year end31-12
Activities, NACEBEL
22260Manufacture of rubber and plastic products
25240
27120Manufacture of electrical equipment
46839Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.