TECOVIN · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of TECOVIN is 0.5% (low). The 2024 annual accounts show equity of €30k and a net result of €16k. Its solvency ranks better than 76% of 7351 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Signals

2 signals · with evidence

Strong solvency vs sector

Solvency is in the sector's strongest quartile: better than 76% of 7351 peers (2024). A comfortable equity buffer.

View the sector comparison

Consistently profitable

Positive net result in the two most recent financial years (2023 and 2024).

View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Deadline passed, not yet counted as missing

The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 32 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

How we compute the deadline

The year end is derived from 2 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	10-07-2025	21 d early	2025-00253844
31-12-2023	31-07-2024	03-07-2024	28 d early	2024-00199967

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2022, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.5% Low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Young company +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€16k+41.3%

Working capital€30k+118.8%

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 10-07-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 62, Computer programming & consultancy · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	80.5%	65.0%	better than 76% of 7351 sector peers
Net result	€16k	€32k	better than 34% of 7348 sector peers
Equity	€30k	€58k	better than 30% of 7353 sector peers
Gross operating margin	€24k	€52k	better than 26% of 7342 sector peers
Total assets	€37k	€103k	better than 14% of 7354 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Net profit

€16k

+41.3% 23-24

Total assets

€37k

+126.1% 23-24

Equity

€30k

+118.8% 23-24

Working capital

€30k

+118.8% 23-24

Income taxes

€6k

+40.9% 23-24

Debt

€7k

+162.3% 23-24

Debt ≤ 1y

€7k

+162.3% 23-24

Current ratio

5.14

-13.8% 23-24

Show 5 other metrics

Quick ratio

5.14

-13.8% 23-24

Solvency

80.5%

-3.2% 23-24

Debt / equity

0.24

+19.9% 23-24

ROE

54.3%

-35.4% 23-24

ROA

43.7%

-37.5% 23-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	-
Net profit	€16k
Cash flow	-
Staff costs	-
Income taxes	€6k
Dividends	-
Total assets	€37k
Equity	€30k
Debt	€7k
of which ≤ 1y	€7k
of which > 1y	-
Working capital	€30k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	5.14
Quick ratio	5.14
Working capital ratio	80.5%
Solvency	80.5%
Debt / equity	0.24
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	43.7%
ROE	54.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Equity & liabilities

Equity €30k · 80.5% Debt €7k · 19.5%

Full annual accounts (20 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€37k
Current assets	29/58	€37k
Amounts receivable within one year	40/41	€9k
Investments	50/53	€4k
Cash & bank	54/58	€23k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€37k
Equity	10/15	€30k
Contributions / capital	10/11	€2k
Reserves	13	€28k
Amounts payable	17/49	€7k
Amounts payable within one year	42/48	€7k
Trade debts payable within one year	44	€594
Income statement
Gross operating margin	9900	€24k
Operating result	9901	€23k
Financial income	75	€8
Financial charges	65	€81
Result before taxes	9903	€23k
Income taxes	67/77	€6k
Net result for the period	9904	€16k
Result to be appropriated	9905	€16k

This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2024 · computed

93 / 100 Excellent

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

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.

Patersstraat 1002300 Turnhout

Establishment units

1 location

TECOVIN

Steenweg op Mol 41, 2300 TurnhoutComputerconsultancy-activiteiten

since 20222.335.153.650

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels2

Ground area5,231 m²

Buildings2

Building footprint1,860 m²

Volume (LiDAR)18,788 m³

Tallest building32.4 m · ±4 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)