TIK-TECH Engineering
ActiveSummary
TIK-TECH Engineering has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €59,700 and a net result of €10,914. Equity remains stable across the filed financial years (±1.3% per year). Its solvency ranks better than 56% of 21,036 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Financials · financial year 2025, micro format
Equity
€59,700=
2024 · €59,700
Total assets
€91,159▼ 12.4%
2024 · €104,054
Net result
€10,914▼ 32.6%
2024 · €16,182
Working capital
€43,182▲ 11.3%
2024 · €38,790
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result has fallen four years in a row; 2025 is 32% below 2024 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€14,937
2025
Net result€10,914
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€91,159
2025
Equity€59,700
2025
Debt€31,459
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€43,182
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)12.0%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency65.5%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio2.63
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€61,876-€16,828▼ 72.8%€18,261▲ 8.5%€44,002▲ 141%€38,325▼ 12.9%€37,271▼ 2.8%€21,991▼ 41.0%€14,937▼ 32.1%
Net result€44,690-€12,948▼ 71.0%€13,489within the sector's middle half▲ 4.2%€32,915within the sector's middle half▲ 144%€29,484within the sector's middle half▼ 10.4%€28,365within the sector's middle half▼ 3.8%€16,182within the sector's middle half▼ 43.0%€10,914within the sector's middle half▼ 32.6%
Equity€57,090-€70,038▲ 22.7%€89,525within the sector's middle half▲ 27.8%€75,135within the sector's middle half▼ 16.1%€81,335within the sector's middle half▲ 8.3%€59,700within the sector's middle half▼ 26.6%€59,700within the sector's middle half=€59,700within the sector's middle half=
Total assets€82,431-€85,506▲ 3.7%€99,626within the sector's middle half▲ 16.5%€124,914within the sector's middle half▲ 25.4%€170,043within the sector's middle half▲ 36.1%€153,678within the sector's middle half▼ 9.6%€104,054within the sector's middle half▼ 32.3%€91,159within the sector's middle half▼ 12.4%
Debt€25,341-€15,468▼ 39.0%€10,101▼ 34.7%€49,780▲ 393%€88,708▲ 78.2%€93,978▲ 5.9%€44,354▼ 52.8%€31,459▼ 29.1%
Working capital€54,798-€68,585▲ 25.2%€85,527within the sector's middle half▲ 24.7%€68,589within the sector's middle half▼ 19.8%€53,579within the sector's middle half▼ 21.9%€37,514within the sector's middle half▼ 30.0%€38,790within the sector's middle half▲ 3.4%€43,182within the sector's middle half▲ 11.3%
Solvency69.3%-81.9%▲ 12.7pp89.9%above the sector's middle half▲ 8.0pp60.1%within the sector's middle half▼ 29.7pp47.8%within the sector's middle half▼ 12.3pp38.8%within the sector's middle half▼ 9.0pp57.4%within the sector's middle half▲ 18.5pp65.5%within the sector's middle half▲ 8.1pp
Current ratio3.16-5.53▲ 2.379.47above the sector's middle half▲ 3.942.38within the sector's middle half▼ 7.092.08within the sector's middle half▼ 0.291.57within the sector's middle half▼ 0.512.41within the sector's middle half▲ 0.832.63within the sector's middle half▲ 0.23
Return on assets (ROA)54.2%-15.1%▼ 39.1pp13.5%within the sector's middle half▼ 1.6pp26.4%within the sector's middle half▲ 12.8pp17.3%within the sector's middle half▼ 9.0pp18.5%within the sector's middle half▲ 1.1pp15.6%within the sector's middle half▼ 2.9pp12.0%within the sector's middle half▼ 3.6pp
above
within
below
the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €91,159
Fixed assets
€21,518 ▼ 42.9%
Current assets
€69,641 ▲ 4.9%
Equity and liabilities €91,159
Equity
€59,700 =
Debt
€31,459 ▼ 29.1%
Debt's share of the balance-sheet total falls from 42.6% to 34.5%. Debt is lower.
Key figures and ratios
EBITDA
€31,084▼
2024 · €37,827
Cash flow
€27,061▼
2024 · €32,018
Debt to equity
0.53▼
2024 · 0.74
ROE
18.3%▼
2024 · 27.1%
Interest coverage
38.49▲
2024 · 30.19
Debt ≤ 1 year
€26,459▼
2024 · €27,599
Debt > 1 year
€5,000▼
2024 · €16,755
Income taxes
€3,764▼
2024 · €5,117
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,582 | €1,462 | €1,607 | €2,315 | €11,126 | €16,561 | €15,836 | €16,147 | ▲ 2.0% |
| Other operating charges640/8 | - | - | - | €5 | - | - | €5 | €400 | ▲ 8,298% |
| Gross operating margin9900 | €64,458 | €18,290 | €19,868 | €46,322 | €49,451 | €53,832 | €37,832 | €31,484 | ▼ 16.8% |
| Operating profit (loss)9901 | €61,876 | €16,828 | €18,261 | €44,002 | €38,325 | €37,271 | €21,991 | €14,937 | ▼ 32.1% |
| Financial income75/76B | - | - | - | €497 | €390 | €272 | €541 | €552 | ▲ 1.9% |
| Recurring financial income75 | - | €207 | €337 | €496 | €390 | €272 | €349 | €320 | ▼ 8.3% |
| Non-recurring financial income76B | - | - | - | €1 | - | - | €192 | €231 | ▲ 20.3% |
| Financial charges65/66B | - | - | - | €88 | €1,207 | €1,471 | €1,233 | €811 | ▼ 34.2% |
| Recurring financial charges65 | €553 | €55 | €141 | €87 | €1,207 | €1,471 | €1,253 | €808 | ▼ 35.5% |
| Non-recurring financial charges66B | - | - | - | €1 | - | - | -€20 | €3 | - |
| Profit (loss) for the period before taxes9903 | €61,323 | €16,980 | €18,458 | €44,411 | €37,509 | €36,072 | €21,300 | €14,678 | ▼ 31.1% |
| Income taxes67/77 | €16,634 | €4,032 | €4,969 | €11,496 | €8,024 | €7,707 | €5,117 | €3,764 | ▼ 26.5% |
| Profit (loss) for the period9904 | €44,690 | €12,948 | €13,489 | €32,915 | €29,484 | €28,365 | €16,182 | €10,914 | ▼ 32.6% |
| Profit (loss) for the period to be appropriated9905 | €44,690 | €12,948 | €13,489 | €32,915 | €29,484 | €28,365 | €16,182 | €10,914 | ▼ 32.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €82,431 | €85,506 | €99,626 | €124,914 | €170,043 | €153,678 | €104,054 | €91,159 | ▼ 12.4% |
| Fixed assets21/28 | €2,292 | €1,779 | €3,997 | €6,546 | €67,016 | €50,455 | €37,665 | €21,518 | ▼ 42.9% |
| Tangible fixed assets22/27 | €2,292 | €1,779 | €3,997 | €6,546 | €67,016 | €50,455 | €37,665 | €21,518 | ▼ 42.9% |
| Plant, machinery and equipment23 | - | - | - | €2,456 | €3,131 | €1,633 | €2,996 | €1,875 | ▼ 37.4% |
| Furniture and vehicles24 | - | - | - | €4,090 | €63,885 | €48,822 | €34,670 | €19,643 | ▼ 43.3% |
| Current assets29/58 | €80,139 | €83,727 | €95,629 | €118,368 | €103,027 | €103,223 | €66,389 | €69,641 | ▲ 4.9% |
| Amounts receivable within one year40/41 | €7,701 | €28,931 | €30,262 | €64,334 | €36,847 | €38,291 | €40,611 | €36,630 | ▼ 9.8% |
| Trade receivables40 | - | - | - | €7,792 | €11,680 | €10,123 | €10,438 | €11,665 | ▲ 11.8% |
| Other amounts receivable41 | - | - | - | €56,542 | €25,167 | €28,169 | €30,174 | €24,966 | ▼ 17.3% |
| Cash at bank and in hand54/58 | €72,438 | €54,796 | €65,367 | €54,034 | €66,180 | €64,932 | €25,777 | €32,856 | ▲ 27.5% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | - | €154 | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €82,431 | €85,506 | €99,626 | €124,914 | €170,043 | €153,678 | €104,054 | €91,159 | ▼ 12.4% |
| Equity10/15 | €57,090 | €70,038 | €89,525 | €75,135 | €81,335 | €59,700 | €59,700 | €59,700 | = |
| Contributions10/11 | €12,400 | €12,400 | - | €12,400 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €44,690 | €57,638 | €77,125 | €62,735 | €62,735 | €41,100 | €41,100 | €41,100 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €60,875 | €60,875 | €39,240 | €39,240 | €39,240 | = |
| Profit (loss) carried forward14 | - | - | - | - | - | - | - | €0 | - |
| Amounts payable17/49 | €25,341 | €15,468 | €10,101 | €49,780 | €88,708 | €93,978 | €44,354 | €31,459 | ▼ 29.1% |
| Amounts payable after more than one year17 | - | - | - | - | €39,260 | €28,172 | €16,755 | €5,000 | ▼ 70.2% |
| Financial debts170/4 | - | - | - | - | €39,260 | €28,172 | €16,755 | €5,000 | ▼ 70.2% |
| Amounts payable within one year42/48 | €25,341 | €15,142 | €10,101 | €49,780 | €49,448 | €65,710 | €27,599 | €26,459 | ▼ 4.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €10,770 | €11,089 | €11,417 | €11,755 | ▲ 3.0% |
| Trade debts44 | €893 | €12 | €1,537 | €324 | €1,294 | €24 | - | €134 | - |
| Suppliers440/4 | - | - | - | €324 | €1,294 | €24 | - | €134 | - |
| Taxes, remuneration and social security45 | - | - | - | €9,246 | €12,322 | €9,487 | €2,427 | €5,293 | ▲ 118% |
| Taxes450/3 | - | - | - | €9,246 | €12,322 | €9,487 | €2,427 | €5,293 | ▲ 118% |
| Other amounts payable47/48 | - | - | - | €40,210 | €25,062 | €45,111 | €13,755 | €9,277 | ▼ 32.6% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €97 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €44,690 | €12,948 | €13,489 | €32,915 | €29,484 | €28,365 | €16,182 | €10,914 | ▼ 32.6% |
| + Depreciation and write-downs630 | €2,582 | €1,462 | €1,607 | €2,315 | €11,126 | €16,561 | €15,836 | €16,147 | ▲ 2.0% |
| Operating cash flow (approximation) | €47,271 | €14,410 | €15,096 | €35,230 | €40,610 | €44,926 | €32,018 | €27,061 | ▼ 15.5% |
| Investment in fixed assets (approximation) | - | -€949 | -€3,826 | -€4,864 | -€71,596 | €0 | -€3,046 | €0 | - |
| Change in cash | - | -€17,642 | €10,571 | -€11,333 | €12,146 | -€1,247 | -€39,155 | €7,079 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 30-07-2026 | 2026-00371005 |
| 31-12-2024 | micro format | 28-06-2025 | 2025-00213131 |
| 31-12-2023 | micro format | 05-07-2024 | 2024-00222389 |
| 31-12-2022 | micro format | 20-07-2023 | 2023-00259471 |
| 31-12-2021 | micro format | 13-07-2022 | 2022-20187854 |
| 31-12-2020 | micro format | 27-08-2021 | 2021-55400467 |
| 31-12-2019 | micro format | 24-07-2020 | 2020-34700112 |
| 31-12-2018 | micro format | 19-07-2019 | 2019-34800288 |
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Of the 29,864 active companies whose main activity is computer consultancy and computer facilities management (NACE 62200), figures are known for 18,790. 15,793 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.