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TEMAX

Active
Public limited companyfounded 199234 yrs activeBremstraat 9, 3110 Rotselaar, BelgiumKBO/BCE: BE 0447.014.404
Summary

TEMAX has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €950,496 and a net result of -€2,919. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 90% of 11620 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability37=
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70,000 at 30 days acceptable
Liquidity tight (current ratio 1.21 against 0.19 in 2023; short-term debt: 0.7% and cash: 0.8% of total assets), and 10.1% of the assets are financed with debt.
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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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 34 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
89.9%
Return on assets
-0.3%
Age of the figures
21 mo
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 16-07-2025, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
15 d early
2023
21 d early
2022
40 d early
2021
16 d early
2020
6 d late
2019
30 d early
← 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 19 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 26 March 1992, TEMAX was incorporated.1 Total assets went from EUR 974,543 in 2018 to EUR 1.1 million in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€950,496▼ 0.3%
2023 · €953,415
Total assets
€1.1m▲ 0.7%
2023 · €1.1m
Net result
-€2,919▼ 104%
2023 · -€1,428
Working capital
€1,445
2023 · -€5,636
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, 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
Line20202021202220232024
Operating result-€3,156▼ 154%-€7,941▼ 152%-€1,240▲ 84.4%-€1,339▼ 8.0%-€2,875▼ 115%
Net result-€3,361below the sector's middle half▼ 134%-€12,576below the sector's middle half▼ 274%-€1,414below the sector's middle half▲ 88.8%-€1,428below the sector's middle half▼ 1.0%-€2,919below the sector's middle half▼ 104%
Equity€968,832above the sector's middle half▼ 0.3%€956,256above the sector's middle half▼ 1.3%€954,842above the sector's middle half▼ 0.1%€953,415above the sector's middle half▼ 0.1%€950,496above the sector's middle half▼ 0.3%
Total assets€970,298above the sector's middle half▼ 0.3%€1.1mabove the sector's middle half▲ 8.4%€1.1mabove the sector's middle half=€1.1mabove the sector's middle half▼ 0.2%€1.1mabove the sector's middle half▲ 0.7%
Debt€1,466▲ 60.9%€95,911▲ 6,444%€97,773▲ 1.9%€96,935▼ 0.9%€106,935▲ 10.3%
Working capital-€219below the sector's middle half-€2,795below the sector's middle half▼ 1,179%-€3,341below the sector's middle half▼ 19.5%-€5,636below the sector's middle half▼ 68.7%€1,445below the sector's middle half
Solvency99.8%above the sector's middle half▼ 0.1pp90.9%above the sector's middle half▼ 9.0pp90.7%above the sector's middle half▼ 0.2pp90.8%above the sector's middle half▲ 0.1pp89.9%above the sector's middle half▼ 0.9pp
Current ratio0.85below the sector's middle half▼ 3.600.53below the sector's middle half▼ 0.320.52below the sector's middle half▼ 0.010.19below the sector's middle half▼ 0.331.21within the sector's middle half▲ 1.02
Return on assets (ROA)-0.3%below the sector's middle half▼ 0.2pp-1.2%below the sector's middle half▼ 0.8pp-0.1%below the sector's middle half▲ 1.1pp-0.1%below the sector's middle half=-0.3%below the sector's middle half▼ 0.1pp
above within below the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, 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
-€15,000-€10,000-€5,000€0Operating result 2020: -€3,156-€3,156Net result 2020: -€3,361-€3,361Operating result 2021: -€7,941-€7,941Net result 2021: -€12,576-€12,576Operating result 2022: -€1,240-€1,240Net result 2022: -€1,414-€1,414Operating result 2023: -€1,339-€1,339Net result 2023: -€1,428-€1,428Operating result 2024: -€2,875-€2,875Net result 2024: -€2,919-€2,91920202021202220232024-€3,000-€2,000-€1,000€0Operating result 2022: -€1,240-€1,240Net result 2022: -€1,414-€1,410Operating result 2023: -€1,339-€1,340Net result 2023: -€1,428-€1,430Operating result 2024: -€2,875-€2,880Net result 2024: -€2,919-€2,920202220232024
The operating result stays negative: a loss of €2,875 in 2024 against €1,339 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.1m
Fixed assets €1.0m =
Current assets €8,381 ▲ 545%
Equity and liabilities €1.1m
Equity €950,496 ▼ 0.3%
Debt €106,935 ▲ 10.3%
Debt's share of the balance-sheet total rises from 9.2% to 10.1%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
Debt to equity
0.11▲
2023 · 0.10
ROE
-0.3%▼
2023 · -0.1%
Debt ≤ 1 year
€6,935=
2023 · €6,935
Debt > 1 year
€100,000▲
2023 · €90,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,616 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.2% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.7%
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 75% 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 8,616 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 30 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.1m€1.1m▲
Fixed assets21/28€1.0m€1.0m=
Tangible fixed assets22/27€1.0m€1.0m=
Land and buildings22€1.0m€1.0m=
Plant, machinery and equipment23-€0
Current assets29/58€1,299€8,381▲
Cash at bank and in hand54/58€1,299€8,381▲
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.1m▲
Equity10/15€953,415€950,496▼
Contributions10/11€811,648€811,648=
Capital10€811,648€811,648=
Issued capital100€811,648€811,648=
Reserves13€141,767€138,848▼
Non-distributable reserves130/1€4,450€4,450=
Legal reserve130€4,450€4,450=
Distributable reserves133€137,317€134,398▼
Amounts payable17/49€96,935€106,935▲
Amounts payable after more than one year17€90,000€100,000▲
Financial debts170/4€90,000€100,000▲
Amounts payable within one year42/48€6,935€6,935=
Other amounts payable47/48€6,935€6,935=
Income statement Code20232024
Gross operating margin9900-€1,339-€2,875▼
Operating profit (loss)9901-€1,339-€2,875▼
Financial charges65/66B€89€44▼
Recurring financial charges65€89€44▼
Profit (loss) for the period before taxes9903-€1,428-€2,919▼
Profit (loss) for the period9904-€1,428-€2,919▼
Profit (loss) for the period to be appropriated9905-€1,428-€2,919▼
Appropriation of the result
Profit (loss) to be appropriated9906-€1,428-€2,919▼
Transfer from equity791/2€1,428€2,919▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Gross operating margin9900-€2,977-€7,941-€1,240-€1,339-€2,875▼ 115%
Operating profit (loss)9901-€3,156-€7,941-€1,240-€1,339-€2,875▼ 115%
Financial charges65/66B-€4,635€174€89€44▼ 50.9%
Recurring financial charges65€206€190€174€89€44▼ 50.9%
Non-recurring financial charges66B-€4,445----
Profit (loss) for the period before taxes9903-€3,361-€12,576-€1,414-€1,428-€2,919▼ 104%
Profit (loss) for the period9904-€3,361-€12,576-€1,414-€1,428-€2,919▼ 104%
Profit (loss) for the period to be appropriated9905-€3,361-€12,576-€1,414-€1,428-€2,919▼ 104%
Line20202021202220232024Change
Assets
Total assets20/58€970,298€1.1m€1.1m€1.1m€1.1m▲ 0.7%
Fixed assets21/28€969,051€1.0m€1.0m€1.0m€1.0m=
Tangible fixed assets22/27€969,051€1.0m€1.0m€1.0m€1.0m=
Land and buildings22-€1.0m€1.0m€1.0m€1.0m=
Plant, machinery and equipment23----€0-
Current assets29/58€1,247€3,116€3,564€1,299€8,381▲ 545%
Cash at bank and in hand54/58€1,247€3,116€3,564€1,299€8,381▲ 545%
Equity and liabilities
Total equity and liabilities10/49€970,298€1.1m€1.1m€1.1m€1.1m▲ 0.7%
Equity10/15€968,832€956,256€954,842€953,415€950,496▼ 0.3%
Contributions10/11€811,648€811,648€811,648€811,648€811,648=
Capital10-€811,648€811,648€811,648€811,648=
Issued capital100-€811,648€811,648€811,648€811,648=
Reserves13€320,450€320,450€143,194€141,767€138,848▼ 2.1%
Non-distributable reserves130/1-€4,450€4,450€4,450€4,450=
Legal reserve130-€4,450€4,450€4,450€4,450=
Distributable reserves133-€316,000€138,744€137,317€134,398▼ 2.1%
Profit (loss) carried forward14-€163,266-€175,842----
Amounts payable17/49€1,466€95,911€97,773€96,935€106,935▲ 10.3%
Amounts payable after more than one year17-€90,000€90,000€90,000€100,000▲ 11.1%
Financial debts170/4-€90,000€90,000€90,000€100,000▲ 11.1%
Amounts payable within one year42/48€1,466€5,911€6,905€6,935€6,935=
Other amounts payable47/48-€5,911€6,905€6,935€6,935=
Accrued charges and deferred income492/3--€868---
Line20202021202220232024Change
Profit (loss) for the period9904-€3,361-€12,576-€1,414-€1,428-€2,919▼ 104%
Operating cash flow (approximation)-€3,361-€12,576-€1,414-€1,428-€2,919▼ 104%
Investment in fixed assets (approximation)--€80,000€0€0€0-
Change in cash-€1,869€448-€2,265€7,081▲ 413%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
16-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity times 6current ratio 1.21
Current ratio from 0.19 to 1.21.
10-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
21-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
15-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet -€12,576
Net result drops to -€12,576, the lowest in the series; recovery starts the following year.
06-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 6 days late
2020
01-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
12-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
07-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 7 days late
2016
12-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Rotselaar · 1 establishment unit since 1992
seat establishment The establishment unit on the map
Ground area
2,850 m²
Building footprint
384 m²
Volume, LiDAR
2,231 m³
Parcel 24094E0072/00K000, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bremstraat 9, 3110 Rotselaar
Activities auxiliary to financial services and insurance activities
since 19922.102.851.914
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24094E0072/00K000 Flanders 2,850 m² 1 · 384 m² 11.2 m · 2 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.

Similar companies · same sector, comparable size

Of 2,147 companies in sector 71209 we hold annual accounts for 1,090. 586 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded26-03-1992
Fiscal year end31-12
Activities, NACEBEL 2025
71209Other technical testing and analysis
E-invoicing
Reachable via Peppol
Peppol ID 0208:0447014404
Registered 29-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.