TEK TRANSMAT
ActiveTEK TRANSMAT has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46k and a net result of €15k. Equity is shrinking by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 20% of 4149 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▲+38
Solvency34▲+5
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.75 against 0.79 in 2024; short-term debt: 69.2% and cash: 3.6% of total assets), and 90.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
9.3%
Return on assets
3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 4149 sector peers (2025).
NBB · sector comparisonPosition among 4149 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
28 d late
2023
56 d late
2022
32 d late
2021
76 d late
2020
143 d late
2019
80 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€15k
2024 · €-29k
2018: €272
2019: €11k
2020: €19k
2021: €24k
2022: €30k
2023: €-8k
2024: €-29k
2018 → 2025
Working capital
€-86k▲ 17.4%
2024 · €-104k
2018: €137k
2019: €132k
2020: €116k
2021: €58k
2022: €-32k
2023: €-60k
2024: €-104k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€111k-€68k▼ 38.6%€60k▼ 12.3%€31k▼ 47.9%€46k▲ 48.7%
Operating result€49k-€68k▲ 38.3%€57k▼ 16.3%€32k▼ 44.2%€28k▼ 11.7%
Net result€24k-€30k▲ 25.1%€-8k€-29k▼ 243%€15k
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 12% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €500k
Fixed assets
€239k▼ 20.9%
Current assets
€261k▼ 34.1%
Equity and liabilities €500k
Equity
€46k▲ 48.7%
Debt
€454k▼ 32.0%
The debt ratio falls from 95.5% to 90.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€98k▼
2024 · €102k
Cash flow
€85k▲
2024 · €41k
Solvency
9.3%▲
2024 · 4.5%
Current ratio
0.75▼
2024 · 0.79
Quick ratio
0.75▼
2024 · 0.79
Debt / equity
9.79▼
2024 · 21.41
ROE
32.8%▲
2024 · -91.8%
ROA
3.0%▲
2024 · -4.1%
Interest coverage
5.49▲
2024 · 1.95
Debt
€454k▼
2024 · €668k
Debt ≤ 1 year
€347k▼
2024 · €500k
Debt > 1 year
€88k▼
2024 · €145k
Income taxes
€2k▼
2024 · €8k
Staff costs
€673k▼
2024 · €695k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€699k€500k▼
Fixed assets21/28€303k€239k▼
Tangible fixed assets22/27€302k€234k▼
Plant, machinery and equipment23€178-
Furniture and vehicles24€637€2k▲
Leasing and similar rights25€301k€232k▼
Financial fixed assets28€405€5k▲
Current assets29/58€396k€261k▼
Amounts receivable within one year40/41€360k€219k▼
Trade receivables40€94k€107k▲
Other amounts receivable41€266k€111k▼
Cash at bank and in hand54/58€20k€18k▼
Deferred charges and accrued income490/1€16k€24k▲
Equity and liabilities
Total equity and liabilities10/49€699k€500k▼
Equity10/15€31k€46k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€-37k€-22k▲
Amounts payable17/49€668k€454k▼
Amounts payable after more than one year17€145k€88k▼
Financial debts170/4€145k€88k▼
Amounts payable within one year42/48€500k€347k▼
Current portion of amounts payable after more than one year42€98k€57k▼
Financial debts43€32k€29k▼
Credit institutions430/8€32k€29k▼
Trade debts44€131k€121k▼
Suppliers440/4€131k€121k▼
Taxes, remuneration and social security45€237k€140k▼
Taxes450/3€54k€47k▼
Remuneration and social security454/9€183k€92k▼
Other amounts payable47/48€710-
Accrued charges and deferred income492/3€23k€19k▼
Income statement
Code20242025
Remuneration, social security and pensions62€695k€673k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€70k€70k=
Other operating charges640/8€13k€1k▼
Gross operating margin9900€809k€773k▼
Operating profit (loss)9901€32k€28k▼
Financial income75/76B€71€8k▲
Recurring financial income75€71€8k▲
Financial charges65/66B€52k€18k▼
Recurring financial charges65€52k€18k▼
Profit (loss) for the period before taxes9903€-21k€18k▲
Income taxes67/77€8k€2k▼
Profit (loss) for the period9904€-29k€15k▲
Profit (loss) for the period to be appropriated9905€-29k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-37k€-22k▲
Profit (loss) brought forward from the previous period14P€-8k€-37k▼
Social balance
Average headcount (FTE)908713.714.4▲
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 24 days late
2025
31-12
Financial
Back to profitnet €15k
Net result €15k after 2 loss-making years.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €-29k
Net result drops to €-29k, the lowest in the series; recovery starts the following year.
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 56 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 32 days late
2022
31-12
Financial
Highest result since 2018net €30k ▲25.1%
Operating result €68k, net result €30k, both a record.
15-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 76 days late
2021
31-12
Financial
Equity above €100kEq €111k ▲27.8%
4 profitable years in a row build equity to €111k.
21-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 143 days late
2020
19-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 80 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 26 days late
2018
03-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 3 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Liège · 1 establishment unit since 2015
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.
Rue d'Alleur 294000 LiègeGround area
1.4 ha
Building footprint
1,895 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
Chaussée de Tongres 485, 4000 Liège
since 20152.244.834.772
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62087B0166/00K002 | Wallonia | 8,504 m² | 1 · 1,894 m² | - |
| 62087B0147/00S000 | Wallonia | 5,107 m² | - | - |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
Pronivi
BE 0788.406.201
Lanaken · Eq €46k
RUSTICUS
BE 0630.749.923
Flémalle · Eq €46k
EUROMATERIAUX
BE 0465.735.602
Charleroi · Eq €47k
Etablissements IMMEL
BE 0416.655.976
Liège · Eq €46k
Bati-Self
BE 1005.025.611
Ouffet · Eq €46k
Of 1,720 companies in sector 47521 we hold annual accounts for 1,288. 647 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-12-1984
Fiscal year end31-12
Activities, NACEBEL
47521Retail sale of hardware, building materials, paint and glass (general range)
49410Freight transport by road
52461
43990Other specialised construction activities
43999Specialised construction activities
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:otekin@tekmat.be
Phone:042294707