TECSIN
ActiveTECSIN has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €314k and a net result of €48k. Equity is growing by ~68.3% per year across the filed fiscal years. Its solvency ranks better than 28% of 20785 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability84▼-5
Solvency63▲+6
Growth79▼-6
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 1.56 against 1.4 in 2023; short-term debt: 62% and cash: 0.8% of total assets), but 62% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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 · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
2 d early
2022
17 d early
2021
18 d late
2020
44 d early
2019
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€305k▼ 14.8%
2023 · €358k
2018: €132k
2019: €124k
2020: €30k
2021: €777k
2022: €330k
2023: €358k
2018 → 2024
EBIT margin
21.3%▼ 14.1pp
2023 · 35.4%
2018: 1.0%
2019: 5.5%
2020: -133.4%
2021: 30.2%
2022: 25.2%
2023: 35.4%
2018 → 2024
Net result
€48k▼ 50.1%
2023 · €96k
2018: €1k
2019: €6k
2020: €-40k
2021: €189k
2022: €65k
2023: €96k
2018 → 2024
Working capital
€285k▲ 28.6%
2023 · €222k
2018: €-75k
2019: €-97k
2020: €-183k
2021: €65k
2022: €132k
2023: €222k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€30k-€777k▲ 2,519%€330k▼ 57.5%€358k▲ 8.4%€305k▼ 14.8%
Equity€-84k-€104k€169k▲ 62.4%€266k▲ 56.8%€314k▲ 18.1%
Operating result€-40k-€235k€83k▼ 64.6%€127k▲ 52.6%€65k▼ 48.8%
Net result€-40k-€189k€65k▼ 65.5%€96k▲ 47.8%€48k▼ 50.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 49% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €825k
Fixed assets
€28k▼ 35.1%
Current assets
€796k▲ 2.4%
Equity and liabilities €825k
Equity
€314k▲ 18.1%
Debt
€511k▼ 8.0%
The debt ratio falls from 67.7% to 62.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€80k▼
2023 · €144k
Cash flow
€63k▼
2023 · €113k
Solvency
38.0%▲
2023 · 32.3%
Current ratio
1.56▲
2023 · 1.40
Quick ratio
1.56▲
2023 · 1.40
Debt / equity
1.63▼
2023 · 2.09
ROE
15.3%▼
2023 · 36.2%
ROA
5.8%▼
2023 · 11.7%
Interest coverage
76.51▼
2023 · 472.20
Debt
€511k▼
2023 · €555k
Debt ≤ 1 year
€511k▼
2023 · €555k
Income taxes
€16k▼
2023 · €30k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€821k€825k▲
Fixed assets21/28€44k€28k▼
Tangible fixed assets22/27€31k€16k▼
Plant, machinery and equipment23€9k€6k▼
Furniture and vehicles24€22k€9k▼
Financial fixed assets28€13k€13k=
Current assets29/58€777k€796k▲
Amounts receivable within one year40/41€777k€790k▲
Trade receivables40€722k€735k▲
Other amounts receivable41€55k€55k=
Cash at bank and in hand54/58-€6k
Equity and liabilities
Total equity and liabilities10/49€821k€825k▲
Equity10/15€266k€314k▲
Contributions10/11€19k€19k=
Reserves13€57k€57k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€38k€38k=
Distributable reserves133€17k€17k=
Profit (loss) carried forward14€190k€238k▲
Amounts payable17/49€555k€511k▼
Amounts payable within one year42/48€555k€511k▼
Financial debts43€4k€443▼
Credit institutions430/8€4k€443▼
Trade debts44€392k€349k▼
Suppliers440/4€392k€349k▼
Taxes, remuneration and social security45€45k€57k▲
Taxes450/3€45k€57k▲
Other amounts payable47/48€115k€104k▼
Income statement
Code20232024
Turnover70€358k€305k▼
Goods, raw materials, services and sundry goods60/61€211k€224k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€15k▼
Other operating charges640/8€3k€1k▼
Gross operating margin9900€147k€81k▼
Operating profit (loss)9901€127k€65k▼
Financial charges65/66B€305€1k▲
Recurring financial charges65€305€1k▲
Profit (loss) for the period before taxes9903€127k€64k▼
Income taxes67/77€30k€16k▼
Profit (loss) for the period9904€96k€48k▼
Profit (loss) for the period to be appropriated9905€96k€48k▼
Appropriation of the result
Profit (loss) to be appropriated9906€190k€238k▲
Profit (loss) brought forward from the previous period14P€94k€190k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €266k ▲56.8%
3 profitable years in a row build equity to €266k.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €169k ▲62.4%
2 profitable years in a row build equity to €169k.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
31-12
Financial
Back to profitnet €189k
Net result €189k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 1.08
Current ratio from 0.25 to 1.08.
31-12
Financial
Equity above €100kEq €104k
Equity rises from €-84k to €104k.
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-40k ▼785%
Net result drops to €-40k, the lowest in the series; recovery starts the following year.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
10-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Ukkel · 1 establishment unit since 1990
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.
Albert Lancasterlaan 861180 UkkelGround area
301 m²
Building footprint
104 m²
Volume, LiDAR
727 m³
Parcel 21612D0055/00D010, Brussels · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Albert Lancasterlaan 86, 1180 Ukkel
since 19902.051.012.738
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612D0055/00D010 | Brussels | 301 m² | 1 · 104 m² | 10.5 m · 2 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.
Similar companies · same sector, comparable size
J&L
BE 0678.378.111
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Arlo Solutions
BE 0673.773.084
Gent · Eq €314k
Dogot.Net Consulting
BE 0810.696.009
Elsene · Eq €314k
ENYS
BE 0833.404.697
Braine-le-Château · Eq €313k
BIOTOS
BE 0478.516.044
Nivelles · Eq €313k
Of 30,000 companies in sector 62200 we hold annual accounts for 18,395. 13,627 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded24-07-1990
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62010Computer programming, consultancy and related activities
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.