TREATMENT ENGINEERING CLEANING CONCEPT
ActiveTREATMENT ENGINEERING CLEANING CONCEPT has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.18M and a net result of €60k. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 53% of 4137 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability45▼-16
Solvency64▲+5
Growth45▼-5
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity tight (current ratio 1.17 against 1.13 in 2024; short-term debt: 44.9% and cash: 1.8% of total assets), and 61.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 47
higher
← 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 dateAge against the risk zone
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
38.6%
Return on assets
2%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-02-2026, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
18 d late
2024
18 d late
2023
27 d late
2022
24 d late
2021
17 d late
2020
5 d late
2019
28 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€3.34M▼ 20.2%
2024 · €4.19M
2019: €3.59M
2020: €3.89M
2021: €4.61M
2022: €5.26M
2023: €5.38M
2024: €4.19M
2019 → 2025
EBIT margin
-1.5%▼ 3.7pp
2024 · 2.2%
2019: 4.0%
2020: 1.6%
2021: 2.8%
2022: 3.3%
2023: 6.4%
2024: 2.2%
2019 → 2025
Net result
€60k▲ 27.1%
2024 · €47k
2019: €86k
2020: €10k
2021: €105k
2022: €114k
2023: €216k
2024: €47k
2019 → 2025
Working capital
€233k▲ 18.5%
2024 · €197k
2019: €253k
2020: €257k
2021: €163k
2022: €77k
2023: €100k
2024: €197k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€4.61M-€5.26M▲ 14.1%€5.38M▲ 2.3%€4.19M▼ 22.2%€3.34M▼ 20.2%
Equity€979k-€975k▼ 0.3%€1.09M▲ 11.9%€1.13M▲ 3.3%€1.18M▲ 4.3%
Operating result€130k-€174k▲ 33.6%€344k▲ 97.9%€91k▼ 73.4%€-50k
Net result€105k-€114k▲ 8.0%€216k▲ 89.4%€47k▼ 78.1%€60k▲ 27.1%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €50k after €91k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.05M
Fixed assets
€1.45M▼ 10.5%
Current assets
€1.60M▼ 6.6%
Equity and liabilities €3.05M
Equity
€1.18M▲ 4.3%
Provisions
€10k
Debt
€1.86M▼ 15.5%
The debt ratio falls from 66.1% to 61.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€194k▼
2024 · €348k
Cash flow
€304k=
2024 · €304k
Solvency
38.6%▲
2024 · 33.9%
Current ratio
1.17▲
2024 · 1.13
Quick ratio
0.67▼
2024 · 0.71
Debt / equity
1.58▼
2024 · 1.95
ROE
5.1%▲
2024 · 4.2%
ROA
2.0%▲
2024 · 1.4%
Interest coverage
2.98▼
2024 · 5.32
Debt
€1.86M▼
2024 · €2.20M
Debt ≤ 1 year
€1.37M▼
2024 · €1.52M
Debt > 1 year
€494k▼
2024 · €685k
Income taxes
€45k▲
2024 · €32k
Staff costs
€837k▼
2024 · €910k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.33M€3.05M▼
Fixed assets21/28€1.62M€1.45M▼
Intangible fixed assets21€116k€81k▼
Tangible fixed assets22/27€1.49M€1.36M▼
Land and buildings22€1.26M€1.17M▼
Plant, machinery and equipment23€64k€40k▼
Furniture and vehicles24€161k€140k▼
Assets under construction and advance payments27€11k€11k=
Financial fixed assets28€8k€8k=
Current assets29/58€1.71M€1.60M▼
Stocks and contracts in progress3€630k€681k▲
Stocks30/36€630k€681k▲
Amounts receivable within one year40/41€1.03M€831k▼
Trade receivables40€560k€499k▼
Other amounts receivable41€467k€333k▼
Current investments50/53-€10k
Cash at bank and in hand54/58€48k€56k▲
Deferred charges and accrued income490/1€8k€22k▲
Equity and liabilities
Total equity and liabilities10/49€3.33M€3.05M▼
Equity10/15€1.13M€1.18M▲
Contributions10/11€19k€19k=
Reserves13€640k€700k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€638k€698k▲
Profit (loss) carried forward14€365k€365k=
Investment grants15€104k€92k▼
Provisions and deferred taxes16-€10k
Provisions for liabilities and charges160/5-€10k
Other liabilities and charges164/5-€10k
Amounts payable17/49€2.20M€1.86M▼
Amounts payable after more than one year17€685k€494k▼
Financial debts170/4€685k€494k▼
Amounts payable within one year42/48€1.52M€1.37M▼
Current portion of amounts payable after more than one year42€346k€208k▼
Financial debts43€585k€640k▲
Credit institutions430/8€585k€640k▲
Trade debts44€457k€376k▼
Suppliers440/4€457k€376k▼
Advances received on contracts in progress46€12k€12k=
Taxes, remuneration and social security45€111k€122k▲
Taxes450/3-€14k
Remuneration and social security454/9€111k€108k▼
Other amounts payable47/48€5k€7k▲
Income statement
Code20242025
Turnover70€4.19M€3.34M▼
Non-recurring operating income76A€5k€20k▲
Goods, raw materials, services and sundry goods60/61€2.89M€2.28M▼
Remuneration, social security and pensions62€910k€837k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€256k€244k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€10k
Other operating charges640/8€38k€39k▲
Gross operating margin9900€1.30M€1.08M▼
Operating profit (loss)9901€91k€-50k▼
Financial income75/76B€53k€220k▲
Recurring financial income75€12k€13k▲
Non-recurring financial income76B€41k€206k▲
Financial charges65/66B€65k€65k▼
Recurring financial charges65€65k€65k▼
Profit (loss) for the period before taxes9903€79k€105k▲
Income taxes67/77€32k€45k▲
Profit (loss) for the period9904€47k€60k▲
Profit (loss) for the period to be appropriated9905€47k€60k▲
Appropriation of the result
Profit (loss) to be appropriated9906€412k€425k▲
Profit (loss) brought forward from the previous period14P€365k€365k▲
Transfer to equity691/2€47k€60k▲
To other reserves6921€47k€60k▲
Social balance
Average headcount (FTE)908719.016.0▼
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-02
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 18 days late
2025
18-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 18 days late
2024
27-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 27 days late
2023
30-06
Financial
Highest result since 2019net €216k ▲89.4%
Operating result €344k, net result €216k, both a record.
30-06
Financial
Equity above €1MEq €1.09M ▲11.9%
5 profitable years in a row build equity to €1.09M.
24-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 24 days late
2022
17-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 17 days late
2021
05-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 5 days late
2020
30-06
Financial
Weakest financial yearnet €10k ▼88.3%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
28-02
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
01-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 1 day late
2018
06-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 6 days late
2017
28-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 56 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Ath · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Chemin du Fundus(M.E) 67822 AthGround area
2.7 ha
Building footprint
9,977 m²
Volume, LiDAR
73,154 m³
2 parcels, Wallonia · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lekkernijstraat 3, 7850 Enghien
since 20032.115.225.649
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51024A0435/00S008 | Wallonia | 2.7 ha | 1 · 9,864 m² | 9.2 m · 2 fl. |
| 55025D0752/00A000 | Wallonia | 300 m² | 1 · 113 m² | 7.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
9845004CCE830EEA5F09
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Of 4,246 companies in sector 47789 we hold annual accounts for 1,021. 466 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-01-2003
Fiscal year end30-06
Abbreviation FR
TEC CONCEPT
Activities, NACEBEL
46649Wholesale of other machinery and equipment
47789Other retail sale of new goods
51872
52498
47783Retail trade
47784Retail trade
52210Service activities incidental to land transportation
52488
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.