Equity
€384,442 from €2.4m in 2018
Equity fell by 84% in 7 years.
TECHNISCHE INSTALLATIE-, LAS- EN CONSTRUCTIEWERKEN
Lifetime
10 annual accounts with figures on one time axispeak €2.3m (2018)
€1.3munchanged
lowest -€21,325 (2024)
€193,031▲ €214,357
peak €2.4m (2018)
€384,442▼ 54.3%
€2.1m▲ 97.8%
peak 19.2 FTE (2023)
15.3 FTE▼ 16.4%
Board4 names since 2020
2 directorsACTIMO CONSULTING and 1 other
Owners2 names in the annual accounts
100%FRO
Documentsfilings and deeds
02-07-202629 days before the deadline
2025financial year
Back to profit: €193,031Staff from 18.3 FTE to 15.3 FTEDividend €650,000Equity from €841,410 to €384,442Debts from €1.1m to €2.1mCash from €379,427 to €986,329
Key points
from the 2025 annual accountsResult
€193,031 €193,031
Back in profit in 2025, after a loss of €21,325 in 2024.
Debts
€2.1m 84% of the balance sheet
Suppliers 60%Taxes and wages 9%Other 31%
Staff
16 employees on 31-12-2025
In 2025, 4 people joined and 7 left.
Filings
10 annual accounts since 2016
The last five annual accounts were filed 14 to 29 days before the end of the period.
Position in the sector
15.6%
Lower solvency than 87% of companies in fabricated metal products. Sector median 45.5% · 834 companies.
Checked score
83
Excellent
Financially stronger than 27% of small companies in fabricated metal products (NACE 25)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 748 companies (NACE 25, small).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025lowest value
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.3%▲ +0.1 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.2%▼ -0.1 percentage points vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.3%▲ +0.1 percentage points vs 06-2026highest value
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Equity €384,442 (15.6% of total assets)
Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
lowers risk
Liquidity: current ratio 1.05, cash €986,329
Figures for financial year 2025 (filed on 02-07-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, small). It does better than 13% of them on solvency, 63% on liquidity, 29% on profitability and 4% on growth.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,609 companies had the same profile as TECHNISCHE INSTALLATIE-, LAS- EN CONSTRUCTIEWERKEN has now. Each dot stands for 7 companies, two years later.
96.8%
were still trading
2.1%
stopped another way
1.0%
went bankrupt
That fits the bankruptcy probability of TECHNISCHE INSTALLATIE-, LAS- EN CONSTRUCTIEWERKEN itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,609 companies, not a prediction for TECHNISCHE INSTALLATIE-, LAS- EN CONSTRUCTIEWERKEN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.05 (1.51 in 2024), below the usual 1.5. Short-term debt is 84.4% and cash 40% of total assets. 84.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 834 sector peers (2025).
NBB · sector comparisonPosition among 834 sector peers
Solvency
better than 13%
← 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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 days early
2024
28 days early
2023
20 days early
2022
14 days early
2021
17 days early
2020
19 days early
2019
30 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 22 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 12 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
3 directors appointed, 2 reappointments
Reappointments: Actimo Consulting BV and Twinstar BV · Permanent representatives: Christophe CATTEAU, Thomas RUBRECHT and Thomas De Duytsche · Appointments: Falcon Fund Management NV, Actimo Consulting BV (chair of the board) and Twinstar BV (managing director) · General meeting of 30-06-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0567803158
Publication in the Belgian Official Gazette
Capital €100,000, annual accounts 2021 · Gazette deed
Resignations & appointments
Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TECHNISCHE INSTALLATIE-, LAS- EN CONSTRUCTIEWERKEN Diksmuide | €2.5m | €1.3m | 15.6% | 15.3 |
| MECOTECH Houthulst | €1.9m | €1.6m | 25.6% | 16.4 |
| TOOLS & DIES ENGINEERING Brecht | €3.0m | €1.5m | 27.7% | 16.2 |
| PREFER METAL Flémalle | €2.2m | €1.1m | 4.4% | 16.6 |
| FALLAIS INTERNATIONAL Villers-le-Bouillet | €2.8m | €1.0m | 33.5% | 17 |
| PHM ENGINEERING Sint-Truiden | €2.6m | €0.9m | 51.0% | 11.2 |
| STEP SOLUTIONS Flémalle | €1.9m | €1.0m | 56.3% | 14.6 |
These companies have the same main activity as TECHNISCHE INSTALLATIE-, LAS- EN CONSTRUCTIEWERKEN: machining of metals (NACE 25530). They are comparable in size and age: total assets between €1.9m and €3m, founded between 2010 and 2016.
Official details
Source: KBO- Status
- Active since 14-11-2014Normal situation
- Activity
- Machining of metalsNACE 25530
- Joint committees
- 209White-collar workers in metal manufacturing
- 111Metal, mechanical and electrical engineering · annual accounts 2025
- Establishment unit
- 2.236.977.0798600 Diksmuide, since 14-11-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 03-12-2025
Annual accounts 2025
- ≈ €2.3mestimated
- €2.5m▲ 30.2%
- Employeeson 31-12-2025
- 16▼ 15.8%
- Filing
- Filed on 02-07-2026, 29 days before the end of the filing period
Companies linked to TECHNISCHE INSTALLATIE-, LAS- EN CONSTRUCTIEWERKEN
Parent and group
Insights on TECHNISCHE INSTALLATIE-, LAS- EN CONSTRUCTIEWERKEN
Solvency fell in 2025 from 44.4% to 15.6% because of the dividend and higher debts to suppliers.
FRO holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TECHNISCHE INSTALLATIE-, LAS- EN CONSTRUCTIEWERKEN
- What is the company number of TECHNISCHE INSTALLATIE-, LAS- EN CONSTRUCTIEWERKEN?
- The company number of TECHNISCHE INSTALLATIE-, LAS- EN CONSTRUCTIEWERKEN is 0567.803.158. The VAT number is the same number with BE in front: BE 0567.803.158.
- Where is TECHNISCHE INSTALLATIE-, LAS- EN CONSTRUCTIEWERKEN based?
- The registered office is at Wagenmakerijstraat 35, 8600 Diksmuide.Company details
- What does TECHNISCHE INSTALLATIE-, LAS- EN CONSTRUCTIEWERKEN do?
- According to the KBO register, the main activity is machining of metals (NACE 25530).
- What is the legal form of TECHNISCHE INSTALLATIE-, LAS- EN CONSTRUCTIEWERKEN?
- TECHNISCHE INSTALLATIE-, LAS- EN CONSTRUCTIEWERKEN is a public limited company (NV).
- When was TECHNISCHE INSTALLATIE-, LAS- EN CONSTRUCTIEWERKEN founded?
- TECHNISCHE INSTALLATIE-, LAS- EN CONSTRUCTIEWERKEN was founded on 14-11-2014.
- Is TECHNISCHE INSTALLATIE-, LAS- EN CONSTRUCTIEWERKEN still active?
- Yes, TECHNISCHE INSTALLATIE-, LAS- EN CONSTRUCTIEWERKEN is an active enterprise in the KBO register.
- How many employees does TECHNISCHE INSTALLATIE-, LAS- EN CONSTRUCTIEWERKEN have?
- TECHNISCHE INSTALLATIE-, LAS- EN CONSTRUCTIEWERKEN had an average of 15.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does TECHNISCHE INSTALLATIE-, LAS- EN CONSTRUCTIEWERKEN fall under?
- In its 2025 annual accounts, TECHNISCHE INSTALLATIE-, LAS- EN CONSTRUCTIEWERKEN states joint committees 209 (White-collar workers in metal manufacturing) and 111 (Metal, mechanical and electrical engineering).
- What is the turnover of TECHNISCHE INSTALLATIE-, LAS- EN CONSTRUCTIEWERKEN?
- The turnover in financial year 2025 is ≈ €2.3m. This figure is estimated from the gross margin of €1.3m and 1,586 comparable companies of the same size. It probably lies between €1.5m and €3.7m. It is a rough estimate.
- Is TECHNISCHE INSTALLATIE-, LAS- EN CONSTRUCTIEWERKEN profitable?
- In financial year 2025, TECHNISCHE INSTALLATIE-, LAS- EN CONSTRUCTIEWERKEN made a profit of €193,031.
- Where can I find the annual accounts of TECHNISCHE INSTALLATIE-, LAS- EN CONSTRUCTIEWERKEN?
- TECHNISCHE INSTALLATIE-, LAS- EN CONSTRUCTIEWERKEN filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TECHNISCHE INSTALLATIE-, LAS- EN CONSTRUCTIEWERKEN due?
- TECHNISCHE INSTALLATIE-, LAS- EN CONSTRUCTIEWERKEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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