TEGEC
ActiveSummary
TEGEC has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5.01M and a net result of €2.84M. Equity is growing by ~24.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).
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Financials · fiscal year 2024, unclassified schema
Filed annual accounts As filed with the NBB · 2024 against 2023 · 95 lines
The notes to these accounts (101 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €25.15M | €33.93M | €39.99M | €52.69M | ▲ 31.7% |
| Turnover70 | €24.46M | €23.72M | €34.77M | €36.38M | €54.41M | ▲ 49.6% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | €438k | €-1.73M | €2.39M | €-2.76M | ▼ 216% |
| Other operating income74 | - | €910k | €857k | €1.18M | €973k | ▼ 17.8% |
| Non-recurring operating income76A | - | €84k | €35k | €40k | €66k | ▲ 64.1% |
| Operating charges60/66A | - | €23.39M | €31.94M | €38.00M | €49.28M | ▲ 29.7% |
| Goods for resale, raw materials and consumables60 | - | €10.58M | €16.35M | €21.39M | €29.56M | ▲ 38.2% |
| Purchases600/8 | - | €10.60M | €16.37M | €21.55M | €29.34M | ▲ 36.2% |
| Change in stocks: decrease (increase)609 | - | €-26k | €-23k | €-161k | €216k | ▲ 234% |
| Services and other goods61 | - | €4.52M | €6.69M | €6.09M | €8.80M | ▲ 44.5% |
| Remuneration, social security and pensions62 | - | €6.43M | €7.19M | €8.66M | €9.16M | ▲ 5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1.57M | €1.66M | €1.56M | €1.59M | €1.69M | ▲ 6.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €142k | - | - | - | - |
| Other operating charges640/8 | - | €49k | €55k | €47k | €56k | ▲ 19.0% |
| Non-recurring operating charges66A | - | €5k | €96k | €234k | €29k | ▼ 87.6% |
| Operating profit (loss)9901 | €429k | €1.76M | €1.99M | €1.99M | €3.40M | ▲ 70.8% |
| Financial income75/76B | - | €240 | €29k | €229k | €99k | ▼ 56.6% |
| Recurring financial income75 | €41k | €240 | €29k | €229k | €99k | ▼ 56.6% |
| Income from financial fixed assets750 | - | €0 | - | €8 | €29 | ▲ 252% |
| Income from current assets751 | - | - | - | - | €87k | - |
| Other financial income752/9 | - | €240 | €29k | €229k | €13k | ▼ 94.5% |
| Financial charges65/66B | - | €65k | €49k | €41k | €78k | ▲ 89.8% |
| Recurring financial charges65 | €63k | €65k | €49k | €41k | €33k | ▼ 20.2% |
| Debt charges650 | €63k | €65k | €48k | €41k | €28k | ▼ 31.2% |
| Other financial charges652/9 | - | €31 | €989 | - | €5k | - |
| Non-recurring financial charges66B | - | - | - | - | €45k | - |
| Profit (loss) for the period before taxes9903 | €407k | €1.70M | €1.97M | €2.18M | €3.42M | ▲ 57.1% |
| Transfer from deferred taxes780 | - | €7k | €8k | €7k | €2k | ▼ 77.4% |
| Transfer to deferred taxes680 | - | - | €5k | - | €7k | - |
| Income taxes67/77 | €125k | €242k | €264k | €295k | €577k | ▲ 95.5% |
| Taxes670/3 | - | €242k | €264k | €295k | €577k | ▲ 95.5% |
| Profit (loss) for the period9904 | €288k | €1.46M | €1.71M | €1.89M | €2.84M | ▲ 50.2% |
| Transfer from tax-exempt reserves789 | - | €36k | €24k | €20k | €5k | ▼ 77.4% |
| Transfer to tax-exempt reserves689 | - | - | €17k | - | €20k | - |
| Profit (loss) for the period to be appropriated9905 | €299k | €1.50M | €1.72M | €1.91M | €2.83M | ▲ 47.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €11.69M | €12.18M | €14.99M | €16.44M | €18.80M | ▲ 14.3% |
| Fixed assets21/28 | €5.43M | €5.25M | €5.32M | €5.40M | €6.38M | ▲ 18.1% |
| Intangible fixed assets21 | €81k | €43k | €35k | €28k | €22k | ▼ 22.7% |
| Tangible fixed assets22/27 | €4.85M | €4.67M | €4.73M | €4.41M | €5.16M | ▲ 17.0% |
| Land and buildings22 | - | €1.81M | €1.76M | €1.65M | €1.53M | ▼ 7.3% |
| Plant, machinery and equipment23 | - | €127k | €908k | €1.12M | €2.06M | ▲ 83.7% |
| Furniture and vehicles24 | - | €410k | €812k | €1.11M | €1.41M | ▲ 27.9% |
| Leasing and similar rights25 | - | €2.32M | €1.25M | €533k | €156k | ▼ 70.8% |
| Financial fixed assets28 | €501k | €536k | €561k | €958k | €1.19M | ▲ 24.3% |
| Affiliated companies280/1 | - | - | - | €300k | €572k | ▲ 90.7% |
| Participating interests280 | - | - | - | €300k | €572k | ▲ 90.7% |
| Other financial fixed assets284/8 | - | €536k | €561k | €658k | €619k | ▼ 5.9% |
| Shares284 | - | €57k | €64k | €67k | €22k | ▼ 67.0% |
| Amounts receivable and cash guarantees285/8 | - | €479k | €496k | €590k | €596k | ▲ 1.0% |
| Current assets29/58 | €6.26M | €6.93M | €9.67M | €11.05M | €12.42M | ▲ 12.5% |
| Amounts receivable after more than one year29 | - | - | - | - | €4.64M | - |
| Other amounts receivable291 | - | - | - | - | €4.64M | - |
| Stocks and contracts in progress3 | €198k | €2.77M | €1.06M | €3.61M | €577k | ▼ 84.0% |
| Stocks30/36 | - | €223k | €246k | €407k | €191k | ▼ 53.0% |
| Raw materials and consumables30/31 | - | €145k | €191k | €225k | €93k | ▼ 58.8% |
| Goods purchased for resale34 | - | €78k | €55k | €181k | €98k | ▼ 45.9% |
| Contracts in progress37 | - | €2.55M | €817k | €3.20M | €386k | ▼ 87.9% |
| Amounts receivable within one year40/41 | €2.46M | €3.02M | €7.88M | €6.07M | €4.14M | ▼ 31.7% |
| Trade receivables40 | - | €2.27M | €6.76M | €4.78M | €3.14M | ▼ 34.2% |
| Other amounts receivable41 | - | €743k | €1.13M | €1.29M | €998k | ▼ 22.7% |
| Current investments50/53 | - | - | - | €700k | €2.40M | ▲ 243% |
| Other investments51/53 | - | - | - | €700k | €2.40M | ▲ 243% |
| Cash at bank and in hand54/58 | €1.46M | €1.07M | €687k | €437k | €564k | ▲ 29.0% |
| Deferred charges and accrued income490/1 | - | €73k | €35k | €230k | €99k | ▼ 56.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €11.69M | €12.18M | €14.99M | €16.44M | €18.80M | ▲ 14.3% |
| Equity10/15 | €1.85M | €2.34M | €2.92M | €3.56M | €5.01M | ▲ 40.5% |
| Contributions10/11 | - | €320k | €320k | €320k | €320k | = |
| Reserves13 | €494k | €458k | €450k | €430k | €445k | ▲ 3.5% |
| Non-distributable reserves130/1 | - | €32k | €32k | €32k | €32k | = |
| Reserves not available under the articles1311 | - | €32k | €32k | €32k | €32k | = |
| Tax-exempt reserves132 | - | €183k | €175k | €155k | €170k | ▲ 9.7% |
| Distributable reserves133 | - | €243k | €243k | €243k | €243k | = |
| Profit (loss) carried forward14 | €1.04M | €1.57M | €2.15M | €2.81M | €4.24M | ▲ 50.7% |
| Provisions and deferred taxes16 | €20k | €13k | €9k | €3k | €8k | ▲ 185% |
| Deferred taxes168 | - | €13k | €9k | €3k | €8k | ▲ 185% |
| Amounts payable17/49 | €9.82M | €9.82M | €12.06M | €12.88M | €13.79M | ▲ 7.1% |
| Amounts payable after more than one year17 | €3.60M | €3.08M | €1.95M | €1.21M | €935k | ▼ 22.5% |
| Financial debts170/4 | - | €3.08M | €1.95M | €1.21M | €935k | ▼ 22.5% |
| Leasing and similar obligations172 | - | €1.61M | €723k | €177k | €25k | ▼ 86.0% |
| Credit institutions173 | - | €1.47M | €1.23M | €1.03M | €911k | ▼ 11.6% |
| Amounts payable within one year42/48 | €6.17M | €6.69M | €10.05M | €11.62M | €12.70M | ▲ 9.3% |
| Current portion of amounts payable after more than one year42 | - | €1.61M | €1.09M | €742k | €272k | ▼ 63.4% |
| Financial debts43 | - | €155 | - | €0 | - | - |
| Credit institutions430/8 | - | €155 | - | €0 | - | - |
| Trade debts44 | €3.34M | €3.64M | €7.31M | €9.04M | €10.22M | ▲ 13.1% |
| Suppliers440/4 | - | €3.64M | €7.31M | €9.04M | €10.22M | ▲ 13.1% |
| Taxes, remuneration and social security45 | - | €471k | €513k | €591k | €803k | ▲ 35.8% |
| Taxes450/3 | - | €2k | €2k | €4k | €176k | ▲ 4,370% |
| Remuneration and social security454/9 | - | €469k | €511k | €587k | €626k | ▲ 6.7% |
| Other amounts payable47/48 | - | €975k | €1.13M | €1.25M | €1.40M | ▲ 12.1% |
| Accrued charges and deferred income492/3 | - | €53k | €61k | €47k | €150k | ▲ 218% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €288k | €1.46M | €1.71M | €1.89M | €2.84M | ▲ 50.2% |
| + Depreciation and write-downs630 | €1.57M | €1.66M | €1.56M | €1.59M | €1.69M | ▲ 6.4% |
| Operating cash flow (approximation) | €1.86M | €3.13M | €3.27M | €3.48M | €4.53M | ▲ 30.3% |
| Investment in fixed assets (approximation) | - | €-1.48M | €-1.64M | €-1.66M | €-2.66M | ▼ 60.4% |
| Change in cash | - | €-392k | €-381k | €-251k | €127k | ▲ 151% |
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
About the unread acts
We know of 16 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62001B0294/00A004 | Wallonia | 3,984 m² | 1 · 1,495 m² | 10.2 m · 2 fl. |
Linked by address, not proof of ownership
Recognitions · licences · registrations
Recognised contractor
13 categoriesSimilar companies · same sector, comparable size
Identification & contact
Scores and ratios are computed by Checked and are not a credit decision.