TOTAL TECHNICS
ActiveSummary
TOTAL TECHNICS has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €86,182 and a net result of -€44,491. Equity has been growing by about 22% per year since 2019. Its solvency ranks better than 29% of 34,946 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 28-06-2010 Normal situation
- Activity
- Installation of electric heating, air conditioning, cooling and ventilation NACE 43222
- Establishment unit
- 2.190.676.407 2440 Geel, since 30-06-2010
- Financial year end
- 30 September
- Peppol
- Reachable since 29-07-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.6%
- Gross margin
- €24,931
- ▼ 82.4%
- Turnover
- ≈ €330,000
- estimated
- Loss
- €44,491
- Equity
- €86,182
- ▼ 34.0%
- Total assets
- €312,425
- ▼ 22.2%
Score breakdownraises riskLoss of €44,491 (financial year 2025)Sector: Specialised construction activities (NACE 43)lowers riskSize: total assets €312,425Liquidity: current ratio 0.87, cash €41,677, halvedShow the evidence
Checked score
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 29% of them on solvency, 38% on liquidity, 14% on profitability and 13% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 16 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 20-04-2026 PDF all 15 filings
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is a loss of €36,315, after a profit of €91,226 in 2024. It is the lowest result since 2021.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Staff
| Item | 30-09-2022 | 30-09-2023 |
|---|---|---|
| Employees at the balance-sheet date | 1 | - |
| full-time | 1 | - |
| part-time | 0 | - |
| in full-time equivalents | 1 | - |
| Average over the year, in full-time equivalents | 1 | - |
| On a permanent contract | 1 | - |
| Joined | - | 0 |
| Left | - | 1 |
Source: social balance sheet in the 2022 to 2023 annual accounts
Investments
| Item | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €56,679 | €112,542 | €10,069 | €47,421 |
| Depreciation and write-downs of the year | €34,244 | €36,176 | €47,018 | €55,230 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €10,000 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | - | - | €52,057 | €49 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,978 | €30,656 | €26,764 | €34,244 | €36,176 | €47,018 | €55,230 | ▲ 17.5% |
| Other operating charges640/8 | - | - | - | €3,574 | €4,193 | €3,549 | €6,017 | ▲ 69.5% |
| Gross operating margin9900 | €93,319 | €66,813 | €77,959 | €95,362 | €72,607 | €141,794 | €24,931 | ▼ 82.4% |
| Operating profit (loss)9901 | €14,406 | €13,570 | €11,405 | €5,486 | €32,189 | €91,226 | -€36,315 | - |
| Financial income75/76B | - | - | - | €3 | €1,597 | €425 | €738 | ▲ 73.6% |
| Recurring financial income75 | €720 | €1,237 | €306 | €3 | €1,597 | €425 | €738 | ▲ 73.6% |
| Financial charges65/66B | - | - | - | €2,361 | €6,564 | €9,447 | €8,913 | ▼ 5.6% |
| Recurring financial charges65 | €3,347 | €2,914 | €3,057 | €2,361 | €6,564 | €9,447 | €8,913 | ▼ 5.6% |
| Profit (loss) for the period before taxes9903 | €11,780 | €11,893 | €8,654 | €3,129 | €27,222 | €82,205 | -€44,491 | - |
| Income taxes67/77 | €127 | €103 | - | - | €2,475 | €15,021 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €11,654 | €11,789 | €8,654 | €3,129 | €24,747 | €67,183 | -€44,491 | - |
| Profit (loss) for the period to be appropriated9905 | €11,654 | €11,789 | €8,654 | €3,129 | €24,747 | €67,183 | -€44,491 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €335,497 | €305,468 | €317,129 | €334,833 | €371,817 | €401,698 | €312,425 | ▼ 22.2% |
| Fixed assets21/28 | €216,494 | €192,733 | €178,434 | €200,869 | €277,235 | €207,285 | €199,477 | ▼ 3.8% |
| Tangible fixed assets22/27 | €216,364 | €192,603 | €178,304 | €200,739 | €277,105 | €207,155 | €199,347 | ▼ 3.8% |
| Land and buildings22 | - | - | - | €143,685 | €121,902 | €102,196 | €83,939 | ▼ 17.9% |
| Plant, machinery and equipment23 | - | - | - | €12,031 | €10,339 | €7,294 | €6,054 | ▼ 17.0% |
| Furniture and vehicles24 | - | - | - | €45,023 | €144,865 | €97,665 | €109,355 | ▲ 12.0% |
| Financial fixed assets28 | €130 | €130 | €130 | €130 | €130 | €130 | €130 | = |
| Current assets29/58 | €119,003 | €112,735 | €138,695 | €133,964 | €94,582 | €194,413 | €112,948 | ▼ 41.9% |
| Stocks and contracts in progress3 | €11,500 | €8,500 | €11,500 | €26,126 | €5,500 | €5,000 | €5,000 | = |
| Stocks30/36 | - | - | - | €11,500 | €5,500 | €5,000 | €5,000 | = |
| Contracts in progress37 | - | - | - | €14,626 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €50,448 | €38,907 | €21,364 | €74,022 | €65,760 | €75,126 | €66,271 | ▼ 11.8% |
| Trade receivables40 | - | - | - | €54,730 | €50,932 | €70,126 | €54,438 | ▼ 22.4% |
| Other amounts receivable41 | - | - | - | €19,292 | €14,828 | €5,000 | €11,833 | ▲ 137% |
| Cash at bank and in hand54/58 | €47,056 | €52,828 | €96,831 | €33,816 | €23,322 | €114,287 | €41,677 | ▼ 63.5% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €335,497 | €305,468 | €317,129 | €334,833 | €371,817 | €401,698 | €312,425 | ▼ 22.2% |
| Equity10/15 | €23,770 | €35,560 | €44,213 | €47,342 | €63,489 | €130,672 | €86,182 | ▼ 34.0% |
| Contributions10/11 | €18,600 | - | - | €18,600 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | €5,170 | €16,960 | €25,613 | €28,742 | €53,489 | €120,672 | €76,182 | ▼ 36.9% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €26,882 | €51,629 | €118,812 | €74,322 | ▼ 37.4% |
| Amounts payable17/49 | €311,727 | €269,909 | €272,916 | €287,491 | €308,327 | €271,026 | €226,243 | ▼ 16.5% |
| Amounts payable after more than one year17 | €169,928 | €154,378 | €138,604 | €141,249 | €118,972 | €100,663 | €95,776 | ▼ 4.9% |
| Financial debts170/4 | - | - | - | €141,249 | €118,972 | €100,663 | €95,776 | ▼ 4.9% |
| Amounts payable within one year42/48 | €141,799 | €115,531 | €134,311 | €146,242 | €189,355 | €170,362 | €130,467 | ▼ 23.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €23,805 | €22,277 | €21,373 | €29,817 | ▲ 39.5% |
| Financial debts43 | - | - | - | - | €100,000 | €0 | - | - |
| Credit institutions430/8 | - | - | - | - | €100,000 | €0 | - | - |
| Trade debts44 | €34,330 | €14,486 | €32,682 | €70,872 | €25,141 | €4,387 | €45,064 | ▲ 927% |
| Suppliers440/4 | - | - | - | €70,872 | €25,141 | €4,387 | €45,064 | ▲ 927% |
| Taxes, remuneration and social security45 | - | - | - | €14,646 | €8,593 | €22,018 | €0 | ▼ 100% |
| Taxes450/3 | - | - | - | - | €2,475 | €22,018 | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | - | - | €14,646 | €6,118 | €0 | - | - |
| Other amounts payable47/48 | - | - | - | €36,920 | €33,344 | €122,584 | €55,586 | ▼ 54.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,654 | €11,789 | €8,654 | €3,129 | €24,747 | €67,183 | -€44,491 | - |
| + Depreciation and write-downs630 | €28,978 | €30,656 | €26,764 | €34,244 | €36,176 | €47,018 | €55,230 | ▲ 17.5% |
| Operating cash flow (approximation) | €40,632 | €42,445 | €35,418 | €37,373 | €60,923 | €114,202 | €10,739 | ▼ 90.6% |
| Investment in fixed assets (approximation) | - | -€6,895 | -€12,466 | -€56,679 | -€112,542 | €22,931 | -€47,421 | - |
| Change in cash | - | €5,772 | €44,003 | -€63,015 | -€10,494 | €90,966 | -€72,611 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,294 companies had the same profile as TOTAL TECHNICS has now. Two years later, 4.1% had gone bankrupt and 89.6% were still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of TOTAL TECHNICS itself is lower: 0.6% within 12 months. It rests on far more data about TOTAL TECHNICS than the profile alone.
Test of the method
The method was tested on the 497,446 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 1,294 companies, not a prediction for TOTAL TECHNICS. 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.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 20-04-2026 | 2026-00084096 | |
| 30-09-2024 | micro format | 28-04-2025 | 2025-00077463 | |
| 30-09-2023 | micro format | 22-04-2024 | 2024-00068095 | |
| 30-09-2022 | micro format | 24-04-2023 | 2023-00063532 | |
| 30-09-2021 | abbreviated format | 31-03-2022 | 2022-09900153 | |
| 30-09-2020 | abbreviated format | 01-04-2021 | 2021-09600341 | |
| 30-09-2019 | abbreviated format | 01-04-2020 | 2020-08300302 | |
| 30-09-2018 | abbreviated format | 02-04-2019 | 2019-09100008 | |
| 30-09-2017 | micro format | 03-04-2018 | 2018-08800316 | |
| 30-09-2016 | abbreviated format | 04-04-2017 | 2017-08700541 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 03-05-2023 Converted to unavailable equity · €18,600
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Patrick VANUYTSEL |
|
Articles of association
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Besluit algemene vergadering die beraadslaagt zoals inzake statutenwijziging, behoudens door de rechter”
Articles of association, deed of 03-05-2023 (in Dutch)
Network & group
TOTAL TECHNICS shares no director with another company.
Companies at the same address
3 other companiesConnections & network
1 current directorThe network starts from the directors of TOTAL TECHNICS. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
03-05
Gazette deed
Change of role: Patrick VANUYTSEL, from manager to directorRegistered office clause · Director discharge · Power of attorney12 points ▸
- Director resignation, Patrick VANUYTSEL (manager)
- Director appointment, Patrick VANUYTSEL (director)
- Registered office clause, “Brugweg 2,2440 Geel” (deed in Dutch)
- Director discharge, Patrick VANUYTSEL
- Power of attorney
- Power of attorney, Walter Vanhencxthoven
- General meeting, 26-04-2023
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing, statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “statuten in overeenstemming met Wetboek van vennootschappen en verenigingen en behoud rechtsvorm, huidig Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Amendment of the articles
- Kind of shares, 186, “stemrechten kunnen enkel aan aandelen verbonden worden” (deed in Dutch)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0827.362.686
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13374F0172/00Z003 | Flanders | 3,998 m² | 1 · 2,281 m² | 7.3 m · 2 |