Equity
€89,154 ▼ 9.5%
TECREN paid out €13,634 in dividends. That is 317% of the 2025 profit.
TECREN
Lifetime
19 annual accounts with figures on one time axis, 36 filings since 1990peak €182,162 (2023)
€93,559▼ 10.2%
lowest -€37,839 (2016)
€4,304▲ 128%
peak €98,484 (2024)
€89,154▼ 9.5%
€25,061▲ 46.4%
peak 5.1 FTE (2009)
-not published
Board2 names since 2017
1 directorCHEVALIER Jordan
Documentsfilings and deeds
27-08-202627 days late
2025micro format
Result from €1,889 to €4,304Resignation: CHEVALIER Jacquy (director) 27-03Dividend €13,634Debts from €17,116 to €25,061
Key points
from the 2025 annual accountsTurnover
≈ €490,000 estimated
The micro format states no turnover.
Staff
4 employees on 31-12-2025
In 2025, 4 people joined and 3 left.
Liquidity
4.40 was 6.45 in 2024
Short-term debts rose from €16,984 to €24,211.
Filings
36 annual accounts since 1990
Four of the last ten came late. The 2025 accounts came latest: 27 days after the end of the period.
Position in the sector
78.1%
Higher solvency than 86% of companies in construction of buildings. Sector median 42.9% · 9,462 companies.
Checked score
96
Excellent
Financially stronger than 65% of micro companies in construction of buildings (NACE 41)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: < 0.1%▼ -0.1 percentage points vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: 0.1%▲ +0.1 percentage points vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025highest value
09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026lowest value
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: 0.1%▲ +0.1 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Liquidity: current ratio 4.40, cash €95,389
Equity €89,154 (78.1% of total assets)
Founded in 1989
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 92% of them on solvency, 93% on liquidity, 49% on profitability and 26% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 17,041 companies had the same profile as TECREN has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TECREN itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for TECREN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.4 (6.45 in 2024), above the usual 1.5. Short-term debt is 21.2% and cash 83.5% of total assets. 21.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
27 days late
2024
22 days late
2023
22 days late
2022
25 days late
2021
41 days early
2020
26 days early
2019
4 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 4 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0438472959
Resignation: CHEVALIER Jacquy (director)
Director discharge: CHEVALIER Jacquy · General meeting of 24-02-2025 · Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointments
Resignations: CHEVALIER Jacquy (manager) and CHEVALIER Jordan (manager) · Reappointments: CHEVALIER Jacquy (director) and CHEVALIER Jordan (director) · General meeting of 29-06-2023 · Gazette deed
First establishment
TECREN SPRL, Rue de la Taille des Vignes 18, Mons
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TECREN Mons | - | - | 78.1% | - |
| FONTIGNIE Binche | €237,579 | 11.1% | 55.4% | - |
| PORTIER Zedelgem | - | - | 54.7% | - |
| ESPACE TECHNIC La Hulpe | - | - | -25.9% | - |
| ELSYS ENGINEERING Kortrijk | - | - | 82.3% | - |
| T.M.C.- TENNIS, MAINTENANCE ET CONSTRUCTION Anderlecht | €221,776 | -15.6% | 63.7% | - |
| WABOMAT Sint-Niklaas | - | - | -16.9% | - |
These companies have the same main activity as TECREN: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €94,000 and €139,000, founded between 1985 and 1990.
Official details
Source: KBO- Status
- Active since 29-09-1989Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 1 other
- Joint committee
- 124Construction · annual accounts 2025
- Establishment unit
- 2.045.193.0357021 Mons, since 16-10-1989
- Financial year end
- 31 December
- Peppol
- Reachable since 30-12-2025
Annual accounts 2025
- €114,215▼ 1.2%
- Employeeson 31-12-2025
- 4▲ 33.3%
- Filing
- Filed on 27-08-2026
Insights on TECREN
TECREN files the micro format. That format states no turnover. The gross margin fell from €97,399 in 2007 to €93,559 in 2025.
The balance sheet grew most from 2010 to 2011 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TECREN
- What is the company number of TECREN?
- The company number of TECREN is 0438.472.959. The VAT number is the same number with BE in front: BE 0438.472.959.
- Where is TECREN based?
- The registered office is at Rue de la Taille des Vignes 18, 7021 Mons.Company details
- What does TECREN do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of TECREN?
- TECREN is a private limited company (BV).
- When was TECREN founded?
- TECREN was founded on 29-09-1989.
- Is TECREN still active?
- Yes, TECREN is an active enterprise in the KBO register.
- How many employees does TECREN have?
- TECREN had an average of 4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does TECREN fall under?
- In its 2025 annual accounts, TECREN states joint committee 124 (Construction).
- What is the turnover of TECREN?
- The turnover in financial year 2025 is ≈ €490,000. This figure is estimated from the gross margin of €93,559 and 111 comparable companies (NACE 41001). It probably lies between €360,000 and €810,000.
- Is TECREN profitable?
- In financial year 2025, TECREN made a profit of €4,304.
- Where can I find the annual accounts of TECREN?
- TECREN filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TECREN due?
- TECREN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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