TECOLUX
ActiveSummary
TECOLUX has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €133,479 and a net result of €16,204. Equity is growing by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 94% of 36386 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability65▲+42
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 10.1 against 15.48 in 2023; short-term debt: 9.9% and cash: 3.6% of total assets), and 9.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-09-2025, 54 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
not confirmed
2024
54 d late
2023
83 d late
2022
61 d late
2021
92 d late
2020
61 d late
2019
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 69 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€133,479▲ 13.8%
2023 · €117,275
Total assets
€148,146▲ 18.2%
2023 · €125,376
Net result
€16,204
2023 · -€7,340
Working capital
€133,479▲ 13.8%
2023 · €117,275
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€18,034▲ 79.5%€12,240▼ 32.1%€23,354▲ 90.8%€4,138▼ 82.3%€16,372▲ 296%
Net result€16,295within the sector's middle half▲ 123%€12,667within the sector's middle half▼ 22.3%€19,118within the sector's middle half▲ 50.9%-€7,340below the sector's middle half€16,204within the sector's middle half
Equity€92,830within the sector's middle half▲ 21.3%€105,496within the sector's middle half▲ 13.6%€124,615within the sector's middle half▲ 18.1%€117,275within the sector's middle half▼ 5.9%€133,479within the sector's middle half▲ 13.8%
Total assets€99,057within the sector's middle half▲ 10.7%€117,372within the sector's middle half▲ 18.5%€150,702within the sector's middle half▲ 28.4%€125,376within the sector's middle half▼ 16.8%€148,146within the sector's middle half▲ 18.2%
Debt€6,227▼ 52.1%€11,876▲ 90.7%€26,088▲ 120%€8,101▼ 68.9%€14,667▲ 81.0%
Working capital€88,515above the sector's middle half▲ 15.7%€105,496above the sector's middle half▲ 19.2%€124,615above the sector's middle half▲ 18.1%€117,275above the sector's middle half▼ 5.9%€133,479above the sector's middle half▲ 13.8%
Solvency93.7%above the sector's middle half▲ 8.2pp89.9%above the sector's middle half▼ 3.8pp82.7%above the sector's middle half▼ 7.2pp93.5%above the sector's middle half▲ 10.8pp90.1%above the sector's middle half▼ 3.4pp
Current ratio15.22above the sector's middle half▲ 8.329.88above the sector's middle half▼ 5.335.78above the sector's middle half▼ 4.1115.48above the sector's middle half▲ 9.7010.10above the sector's middle half▼ 5.38
Return on assets (ROA)16.5%above the sector's middle half▲ 8.3pp10.8%within the sector's middle half▼ 5.7pp12.7%within the sector's middle half▲ 1.9pp-5.9%below the sector's middle half▼ 18.5pp10.9%within the sector's middle half▲ 16.8pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 296% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €148,146
Equity
€133,479 ▲ 13.8%
Debt
€14,667 ▲ 81.0%
Debt's share of the balance-sheet total rises from 6.5% to 9.9%. Equity and debt are higher.
Key figures and ratios
Debt to equity
0.11▲
2023 · 0.07
ROE
12.1%▲
2023 · -6.3%
Debt ≤ 1 year
€14,667▲
2023 · €8,101
Staff costs
€34,214▲
2023 · €31,254
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,679 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €18,125 | €22,649 | €31,254 | €34,214 | ▲ 9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €4,314 | - | - | - | - |
| Other operating charges640/8 | - | €236 | €482 | €1,638 | €564 | ▼ 65.6% |
| Gross operating margin9900 | €18,496 | €34,915 | €46,484 | €37,030 | €51,150 | ▲ 38.1% |
| Operating profit (loss)9901 | €18,034 | €12,240 | €23,354 | €4,138 | €16,372 | ▲ 296% |
| Financial income75/76B | - | €699 | €744 | - | €190 | - |
| Recurring financial income75 | €857 | €699 | €744 | - | €190 | - |
| Financial charges65/66B | - | €272 | €153 | €2,077 | €358 | ▼ 82.8% |
| Recurring financial charges65 | €418 | €272 | €153 | €2,077 | €358 | ▼ 82.8% |
| Profit (loss) for the period before taxes9903 | €18,473 | €12,667 | €23,945 | €2,061 | €16,204 | ▲ 686% |
| Income taxes67/77 | €2,178 | - | €4,827 | €9,401 | - | - |
| Profit (loss) for the period9904 | €16,295 | €12,667 | €19,118 | -€7,340 | €16,204 | ▲ 321% |
| Profit (loss) for the period to be appropriated9905 | €16,295 | €12,667 | €19,118 | -€7,340 | €16,204 | ▲ 321% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €99,057 | €117,372 | €150,702 | €125,376 | €148,146 | ▲ 18.2% |
| Fixed assets21/28 | €4,314 | - | - | - | - | - |
| Tangible fixed assets22/27 | €4,314 | - | - | - | - | - |
| Current assets29/58 | €94,742 | €117,372 | €150,702 | €125,376 | €148,146 | ▲ 18.2% |
| Amounts receivable within one year40/41 | €88,222 | €113,996 | €145,149 | €118,452 | €142,744 | ▲ 20.5% |
| Trade receivables40 | - | €91,282 | €136,629 | €114,786 | €139,791 | ▲ 21.8% |
| Other amounts receivable41 | - | €22,714 | €8,520 | €3,666 | €2,953 | ▼ 19.4% |
| Cash at bank and in hand54/58 | €5,728 | €3,376 | €3,655 | €6,552 | €5,402 | ▼ 17.6% |
| Deferred charges and accrued income490/1 | - | - | €1,898 | €372 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €99,057 | €117,372 | €150,702 | €125,376 | €148,146 | ▲ 18.2% |
| Equity10/15 | €92,830 | €105,496 | €124,615 | €117,275 | €133,479 | ▲ 13.8% |
| Contributions10/11 | - | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Non-distributable reserves130/1 | - | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Reserves not available under the articles1311 | - | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | €81,830 | €94,496 | €113,615 | €106,275 | €122,479 | ▲ 15.2% |
| Amounts payable17/49 | €6,227 | €11,876 | €26,088 | €8,101 | €14,667 | ▲ 81.0% |
| Amounts payable within one year42/48 | €6,227 | €11,876 | €26,088 | €8,101 | €14,667 | ▲ 81.0% |
| Trade debts44 | €5,934 | €6,068 | €18,490 | €539 | €2,726 | ▲ 406% |
| Suppliers440/4 | - | €6,068 | €18,490 | €539 | €2,726 | ▲ 406% |
| Taxes, remuneration and social security45 | - | €5,807 | €7,597 | €7,562 | €11,940 | ▲ 57.9% |
| Taxes450/3 | - | €2,787 | €7,322 | €2,971 | €2,576 | ▼ 13.3% |
| Remuneration and social security454/9 | - | €3,020 | €275 | €4,591 | €9,364 | ▲ 104% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,295 | €12,667 | €19,118 | -€7,340 | €16,204 | ▲ 321% |
| + Depreciation and write-downs630 | - | €4,314 | - | - | - | - |
| Operating cash flow (approximation) | €16,295 | €16,981 | €19,118 | -€7,340 | €16,204 | ▲ 321% |
| Change in cash | - | -€2,352 | €279 | €2,896 | -€1,150 | ▼ 140% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
2024
31-12
Financial
Back to profitnet €16,204
Net result €16,204 after one loss-making year.
22-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 83 days late
2023
31-12
Financial
Weakest financial yearnet -€7,340
Net result drops to -€7,340, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 15.48
Current ratio from 5.78 to 15.48; short-term debt falls from €26,088 to €8,101.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
31-12
Financial
Highest result since 2018net €19,118 ▲50.9%
Operating result €23,354, net result €19,118, both a record.
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
31-12
Financial
Equity above €100,000Eq €105,496 ▲13.6%
4 profitable years in a row build equity to €105,496.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 15.22
Current ratio from 6.89 to 15.22; short-term debt falls from €12,987 to €6,227.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
Show earlier events
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 92 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 60 days late
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 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, Sint-Jans-Molenbeek · 1 establishment unit since 2011
Ground area
4,256 m²
Building footprint
291 m²
Volume, LiDAR
4,923 m³
2 parcels, Brussels · tallest building 26.0 m, ±8 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
TECOLUX
since 20112.200.165.084
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21524C0066/00L003 | Brussels | 3,337 m² | 1 · 183 m² | 26.0 m · 8 fl. |
| 21001A0324/00X002 | Brussels | 919 m² | 1 · 108 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,141 companies in sector 43910 we hold annual accounts for 5,493. 4,772 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formLimited partnership
Founded28-03-2011
Fiscal year end31-12
Activities, NACEBEL 2025
43910Bricklaying and masonry work
43990Other specialised construction activities
43221Plumbing work
43310Plastering work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0834888797
Registered
07-01-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.