Tectric · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Tectric is 1.2% (low). The 2024 annual accounts show equity of €26k and a net result of €10k. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 41% of 926 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

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, 24 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.

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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.

How we compute the deadline

The year end is derived from 3 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	29-08-2025	29 d late	2025-00429654
31-12-2023	31-07-2024	31-07-2024	on the day	2024-00312545
31-12-2022	31-07-2023	31-07-2023	on the day	2023-00293461

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 2021, 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

1.2% Low

0%0,5%1,5%4%10%≥25%

Young company +Lower-failure-rate sector −Annual accounts: weaker financial profile +

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

Financials

Turnover€185k+64.5%

EBIT margin10.1%+16.4pp

Net result€10k

Working capital€76k+203.8%

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 29-08-2025 with the NBB · fiscal year 2024 · micro

RevenueOperating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~5%/year over 3 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 95 · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	16.2%	24.6%	better than 41% of 926 sector peers
Net result	€10k	€5k	better than 59% of 922 sector peers
Equity	€26k	€17k	better than 58% of 927 sector peers
Gross operating margin	€28k	€27k	better than 51% of 921 sector peers
Total assets	€159k	€81k	better than 70% of 926 sector peers

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

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P41

Weakening position over 2022-2024 · n=559-926

Net result P59

Weakening position over 2022-2024 · n=559-922

Equity P58

Stable position over 2022-2024 · n=560-927

Gross operating margin P51

Stable position over 2022-2024 · n=558-921

Describes the position versus peers, not a forecast.

Revenue

€185k

+64.5% 22-24

EBITDA

€28k

+1070.9% 22-24

Net profit

€10k

- 22-24

Cash flow

€19k

+775.1% 22-24

Total assets

€159k

+143.0% 22-24

Equity

€26k

+60.0% 22-24

Working capital

€76k

+203.8% 22-24

Income taxes

€4k

- 22-24

Show 12 other metrics

Debt

€133k

+170.1% 22-24

Debt ≤ 1y

€59k

+103.0% 22-24

Debt > 1y

€70k

+250.0% 22-24

Current ratio

2.29

+23.0% 22-24

Quick ratio

2.29

+23.0% 22-24

Solvency

16.2%

-34.2% 22-24

Debt / equity

5.16

+68.9% 22-24

ROE

37.5%

- 22-24

ROA

6.1%

- 22-24

Net margin

5.2%

- 22-24

EBITDA margin

15.0%

+611.8% 22-24

Interest coverage

6.80

-29.8% 22-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	€185k
EBITDA	€28k
Net profit	€10k
Cash flow	€19k
Staff costs	-
Income taxes	€4k
Dividends	-
Total assets	€159k
Equity	€26k
Debt	€133k
of which ≤ 1y	€59k
of which > 1y	€70k
Working capital	€76k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	2.29
Quick ratio	2.29
Working capital ratio	48.0%
Solvency	16.2%
Debt / equity	5.16
Long-term debt ratio	2.72
Interest coverage	6.80
Gross margin	13.3%
Net margin	5.2%
ROA	6.1%
ROE	37.5%
EBITDA margin	15.0%
Days sales outstanding	113d
Days payable outstanding	92d
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €23k · 14.6% Current assets €135k · 85.4%

Equity & liabilities

Equity €26k · 16.2% Debt €133k · 83.8%

Full annual accounts (24 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	€159k
Fixed assets	21/28	€23k
Tangible fixed assets	22/27	€18k
Financial fixed assets	28	€5k
Current assets	29/58	€135k
Amounts receivable within one year	40/41	€57k
Cash & bank	54/58	€77k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€159k
Equity	10/15	€26k
Contributions / capital	10/11	€7k
Accumulated profits (losses)	14	€19k
Amounts payable	17/49	€133k
Amounts payable after one year	17	€70k
Amounts payable within one year	42/48	€59k
Trade debts payable within one year	44	€40k
Income statement
Turnover	70	€185k
Gross operating margin	9900	€28k
Operating result	9901	€19k
Financial income	75	€0
Financial charges	65	€4k
Result before taxes	9903	€13k
Income taxes	67/77	€4k
Net result for the period	9904	€10k
Result to be appropriated	9905	€10k

This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2024 · computed

89 / 100 Excellent

050100

Computed from 6 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.

Hoeksken 261745 Opwijk

Establishment units

1 location

Tectric

Schaapschuur 1, 1790 AffligemGroothandel in auto's en lichte bestelwagens (= 3,5 ton)

since 20212.321.028.173

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

Parcels2

Ground area1.1 ha

Buildings2

Building footprint1,521 m²

Volume (LiDAR)1,165 m³

Tallest building8.2 m · ±2 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%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23030B0339/00H002	Flanders	8,045 m²	1 · 1,281 m²	0.1 m
23060A0584/00C000	Flanders	3,341 m²	1 · 239 m²	8.2 m · 2 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.