TekFoundry
ActiveSummary
The computed 12-month bankruptcy probability of TekFoundry is 1.5% (moderate). The 2025 annual accounts show equity of €1,666 and a net result of €37,026. Equity is shrinking by ~44.7% per year across the filed fiscal years. Its solvency ranks better than 24% of 18537 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency27▼-29
Growth32=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
2.3%
Return on assets
50.5%
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 24% of 18537 sector peers (2025).
NBB · sector comparisonPosition among 18537 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-04-2026, 94 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
94 d early
2024
28 d late
2023
37 d early
2022
35 d early
2021
44 d early
2020
11 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 29 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€1,666▼ 91.5%
2024 · €19,640
Total assets
€73,288▲ 14.4%
2024 · €64,039
Net result
€37,026▲ 28.0%
2024 · €28,925
Working capital
-€659
2024 · €14,130
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€52,575▼ 8.3%€46,385▼ 11.8%-€13,813€34,074€50,963▲ 49.6%
Net result€42,083above the sector's middle half▼ 3.7%€37,391above the sector's middle half▼ 11.1%-€13,426below the sector's middle half€28,925above the sector's middle half€37,026above the sector's middle half▲ 28.0%
Equity€85,195within the sector's middle half▲ 94.0%€121,785above the sector's middle half▲ 42.9%€26,009within the sector's middle half▼ 78.6%€19,640within the sector's middle half▼ 24.5%€1,666below the sector's middle half▼ 91.5%
Total assets€120,592within the sector's middle half▲ 16.2%€141,110within the sector's middle half▲ 17.0%€118,867within the sector's middle half▼ 15.8%€64,039within the sector's middle half▼ 46.1%€73,288within the sector's middle half▲ 14.4%
Debt€35,398▼ 40.9%€19,325▼ 45.4%€92,858▲ 381%€44,399▼ 52.2%€71,622▲ 61.3%
Working capital€71,205▲ 138%€107,284▲ 50.7%€15,993▼ 85.1%€14,130▼ 11.7%-€659
Solvency70.6%above the sector's middle half▲ 28.3pp86.3%above the sector's middle half▲ 15.7pp21.9%within the sector's middle half▼ 64.4pp30.7%within the sector's middle half▲ 8.8pp2.3%below the sector's middle half▼ 28.4pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 50% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €73,288
Fixed assets
€2,325 ▼ 57.8%
Current assets
€70,963 ▲ 21.2%
Equity and liabilities €73,288
Equity
€1,666 ▼ 91.5%
Debt
€71,622 ▲ 61.3%
Debt's share of the balance-sheet total rises from 69.3% to 97.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€54,039▲
2024 · €41,674
Cash flow
€40,101▲
2024 · €36,525
Current ratio
0.99▼
2024 · 1.32
Debt to equity
42.99▲
2024 · 2.26
ROA
50.5%▲
2024 · 45.2%
Interest coverage
233.42▲
2024 · 96.59
Debt ≤ 1 year
€71,622▲
2024 · €44,399
Income taxes
€13,706▲
2024 · €4,717
A ratio outside any meaningful range has been withheld (balance sheet total €73,288, equity €1,666).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,151 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,151 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €957 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,822 | €13,003 | €14,491 | €7,600 | €3,076 | ▼ 59.5% |
| Other operating charges640/8 | €468 | €469 | €516 | €528 | €574 | ▲ 8.7% |
| Gross operating margin9900 | €65,865 | €59,857 | €1,194 | €42,202 | €54,613 | ▲ 29.4% |
| Operating profit (loss)9901 | €52,575 | €46,385 | -€13,813 | €34,074 | €50,963 | ▲ 49.6% |
| Financial income75/76B | €1,311 | €1,415 | €1,916 | €0 | €0 | ▼ 100% |
| Recurring financial income75 | €1,311 | €1,415 | €1,916 | €0 | €0 | ▼ 100% |
| Financial charges65/66B | €1,008 | €824 | €1,385 | €431 | €232 | ▼ 46.3% |
| Recurring financial charges65 | €1,008 | €824 | €1,385 | €431 | €232 | ▼ 46.3% |
| Profit (loss) for the period before taxes9903 | €52,879 | €46,976 | -€13,282 | €33,643 | €50,732 | ▲ 50.8% |
| Income taxes67/77 | €10,796 | €9,586 | €145 | €4,717 | €13,706 | ▲ 191% |
| Profit (loss) for the period9904 | €42,083 | €37,391 | -€13,426 | €28,925 | €37,026 | ▲ 28.0% |
| Profit (loss) for the period to be appropriated9905 | €42,083 | €37,391 | -€13,426 | €28,925 | €37,026 | ▲ 28.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €120,592 | €141,110 | €118,867 | €64,039 | €73,288 | ▲ 14.4% |
| Fixed assets21/28 | €30,121 | €21,271 | €10,016 | €5,511 | €2,325 | ▼ 57.8% |
| Tangible fixed assets22/27 | €30,011 | €21,161 | €9,906 | €5,401 | €2,325 | ▼ 57.0% |
| Plant, machinery and equipment23 | €135 | €0 | €1,478 | €761 | €43 | ▼ 94.3% |
| Furniture and vehicles24 | €3,356 | €4,248 | €3,051 | €3,709 | €1,684 | ▼ 54.6% |
| Leasing and similar rights25 | €26,520 | €15,316 | €4,113 | €0 | - | - |
| Other tangible fixed assets26 | - | €1,596 | €1,264 | €931 | €598 | ▼ 35.7% |
| Financial fixed assets28 | €110 | €110 | €110 | €110 | €0 | ▼ 100% |
| Current assets29/58 | €90,472 | €119,840 | €108,851 | €58,529 | €70,963 | ▲ 21.2% |
| Amounts receivable after more than one year29 | €51,298 | €52,713 | €69,630 | €0 | - | - |
| Trade receivables290 | €51,298 | €52,713 | €69,630 | €0 | - | - |
| Amounts receivable within one year40/41 | €11,672 | €10,476 | €7,501 | €24,199 | €56,516 | ▲ 134% |
| Trade receivables40 | €11,500 | €9,983 | €4,520 | €14,520 | €51,165 | ▲ 252% |
| Other amounts receivable41 | €172 | €494 | €2,981 | €9,679 | €5,351 | ▼ 44.7% |
| Current investments50/53 | €12,011 | €33,000 | €0 | - | - | - |
| Cash at bank and in hand54/58 | €15,490 | €23,129 | €30,569 | €33,756 | €13,509 | ▼ 60.0% |
| Deferred charges and accrued income490/1 | €0 | €521 | €1,151 | €574 | €938 | ▲ 63.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €120,592 | €141,110 | €118,867 | €64,039 | €73,288 | ▲ 14.4% |
| Equity10/15 | €85,195 | €121,785 | €26,009 | €19,640 | €1,666 | ▼ 91.5% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | €84,195 | €120,785 | €25,009 | €18,640 | €666 | ▼ 96.4% |
| Amounts payable17/49 | €35,398 | €19,325 | €92,858 | €44,399 | €71,622 | ▲ 61.3% |
| Amounts payable after more than one year17 | €16,131 | €6,770 | €0 | - | - | - |
| Financial debts170/4 | €16,131 | €6,770 | €0 | - | - | - |
| Amounts payable within one year42/48 | €19,266 | €12,555 | €92,858 | €44,399 | €71,622 | ▲ 61.3% |
| Current portion of amounts payable after more than one year42 | €9,135 | €9,362 | €6,770 | €0 | - | - |
| Financial debts43 | €47 | €0 | - | €1,284 | €657 | ▼ 48.8% |
| Credit institutions430/8 | €47 | €0 | - | €1,284 | €657 | ▼ 48.8% |
| Trade debts44 | €1,079 | €842 | €877 | €525 | €435 | ▼ 17.1% |
| Suppliers440/4 | €1,079 | €842 | €877 | €525 | €435 | ▼ 17.1% |
| Taxes, remuneration and social security45 | €6,091 | €0 | €2,131 | €7,296 | €8,641 | ▲ 18.4% |
| Taxes450/3 | €6,091 | €0 | €2,131 | €7,296 | €8,641 | ▲ 18.4% |
| Other amounts payable47/48 | €2,914 | €2,351 | €83,081 | €35,294 | €61,889 | ▲ 75.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €42,083 | €37,391 | -€13,426 | €28,925 | €37,026 | ▲ 28.0% |
| + Depreciation and write-downs630 | €12,822 | €13,003 | €14,491 | €7,600 | €3,076 | ▼ 59.5% |
| Operating cash flow (approximation) | €54,904 | €50,393 | €1,064 | €36,525 | €40,101 | ▲ 9.8% |
| Investment in fixed assets (approximation) | - | -€4,153 | -€3,236 | -€3,095 | €110 | ▲ 104% |
| Change in cash | - | €7,639 | €7,440 | €3,187 | -€20,247 | ▼ 735% |
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
Next filing, fiscal year 2026, expected by
2026
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Back to profitnet €28,925
Net result €28,925 after one loss-making year.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€13,426
Net result drops to -€13,426, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 9.54
Current ratio from 4.70 to 9.54; short-term debt falls from €19,266 to €12,555.
31-12
Financial
Equity above €100,000Eq €121,785 ▲42.9%
3 profitable years in a row build equity to €121,785.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 4.70
Current ratio from 1.86 to 4.70; short-term debt falls from €34,618 to €19,266.
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Gent · 1 establishment unit since 2019
Ground area
116 m²
Building footprint
67 m²
Volume, LiDAR
485 m³
Parcel 44808H0462/00D003, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Tekfoundry
since 20192.288.936.417
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44808H0462/00D003 | Flanders | 116 m² | 1 · 67 m² | 10.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,644 EUR awarded · 1,644 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,644 EUR | 1,644 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
984500483B2C3ND8EE66
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Of 3,223 companies in sector 47400 we hold annual accounts for 1,806. 342 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-05-2019
Fiscal year end31-12
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0726606907
Also
9925:BE0726606907
Registered
06-03-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.