Skip to content

TECARTIS

Active
Private limited companyfounded 20188 yrs activeEmile de Becolaan 94, 1050 Elsene, BelgiumKBO/BCE: BE 0698.914.890

TECARTIS has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €363k and a net result of €13k. Equity is growing by ~22.3% per year across the filed fiscal years. Its solvency ranks better than 47% of 16989 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
73 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-14
Solvency82▼-18
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 10.99 against 17.01 in 2024; short-term debt: 4.5% and cash: 9.5% of total assets), and 43.2% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
56.8%
Return on assets
2%
Age of the figures
15 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 8 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 06-01-2026, 25 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
25 d early
2024
42 d early
2023
22 d early
2022
12 d early
2021
3 d early
2020
19 d early
2019
60 d early
← 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 months
Position in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
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

Financials · fiscal year 2025, micro schema

Equity
€363k▲ 3.7%
2024 · €350k
2019: €52k 2020: €127k 2021: €188k 2022: €250k 2023: €302k 2024: €350k
2019 → 2025
Total assets
€639k▲ 71.2%
2024 · €373k
2019: €91k 2020: €181k 2021: €216k 2022: €277k 2023: €323k 2024: €373k
2019 → 2025
Net result
€13k▼ 73.2%
2024 · €48k
2019: €46k 2020: €74k 2021: €61k 2022: €50k 2023: €52k 2024: €48k
2019 → 2025
Working capital
€285k▼ 17.7%
2024 · €347k
2019: €52k 2020: €127k 2021: €185k 2022: €247k 2023: €299k 2024: €347k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€188k-€250k▲ 33.5%€302k▲ 20.6%€350k▲ 15.9%€363k▲ 3.7%
Operating result€82k-€70k▼ 14.2%€71k▲ 1.2%€68k▼ 3.5%€27k▼ 60.7%
Net result€61k-€50k▼ 17.4%€52k▲ 2.2%€48k▼ 6.8%€13k▼ 73.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75kOperating result 2021: €82k€82kNet result 2021: €61k€61kOperating result 2022: €70k€70kNet result 2022: €50k€50kOperating result 2023: €71k€71kNet result 2023: €52k€52kOperating result 2024: €68k€68kNet result 2024: €48k€48kOperating result 2025: €27k€27kNet result 2025: €13k€13k20212022202320242025
The operating result has fallen two years in a row; 2025 is 61% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €639k
Fixed assets €325k▲ 7,117%
Current assets €314k▼ 14.8%
Equity and liabilities €639k
Equity €363k▲ 3.7%
Debt €276k▲ 1,102%
The debt ratio rises from 6.1% to 43.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€79k
2024 · €72k
Cash flow
€65k
2024 · €51k
Solvency
56.8%
2024 · 93.9%
Current ratio
10.99
2024 · 17.01
Quick ratio
10.99
2024 · 17.01
Debt / equity
0.76
2024 · 0.07
ROE
3.5%
2024 · 13.7%
ROA
2.0%
2024 · 12.9%
Interest coverage
8.05
2024 · 33.02
Debt
€276k
2024 · €23k
Debt ≤ 1 year
€29k
2024 · €22k
Debt > 1 year
€247k
Income taxes
€6k
2024 · €19k
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€373k€639k
Fixed assets21/28€5k€325k
Tangible fixed assets22/27€4k€325k
Land and buildings22-€322k
Plant, machinery and equipment23€647-
Furniture and vehicles24€4k€3k
Financial fixed assets28€96€96=
Current assets29/58€369k€314k
Amounts receivable within one year40/41€40k€40k
Trade receivables40€40k€40k
Current investments50/53-€206k
Cash at bank and in hand54/58€322k€61k
Deferred charges and accrued income490/1€6k€7k
Equity and liabilities
Total equity and liabilities10/49€373k€639k
Equity10/15€350k€363k
Contributions10/11€20k€20k=
Reserves13€225k€236k
Distributable reserves133€225k€236k
Profit (loss) carried forward14€105k€107k
Amounts payable17/49€23k€276k
Amounts payable after more than one year17-€247k
Financial debts170/4-€247k
Amounts payable within one year42/48€22k€29k
Current portion of amounts payable after more than one year42-€9k
Trade debts44€6k€6k
Suppliers440/4€6k€6k
Taxes, remuneration and social security45€13k€11k
Taxes450/3€13k€11k
Other amounts payable47/48€2k€3k
Accrued charges and deferred income492/3€1k-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€52k
Other operating charges640/8€5k€1k
Gross operating margin9900€76k€80k
Operating profit (loss)9901€68k€27k
Financial income75/76B€797€2k
Recurring financial income75€797€2k
Financial charges65/66B€2k€10k
Recurring financial charges65€2k€10k
Profit (loss) for the period before taxes9903€67k€19k
Income taxes67/77€19k€6k
Profit (loss) for the period9904€48k€13k
Profit (loss) for the period to be appropriated9905€48k€13k
Appropriation of the result
Profit (loss) to be appropriated9906€150k€118k
Profit (loss) brought forward from the previous period14P€102k€105k
Transfer to equity691/2€45k€11k
To other reserves6921€45k€11k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
06-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Weakest financial yearnet €13k ▼73.2%
Net result drops to €13k, the lowest in the series.
2024
20-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
09-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
19-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial Equity above €200kEq €250k ▲33.5%
4 profitable years in a row build equity to €250k.
28-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial Liquidity doublescurrent ratio 7.80
Current ratio from 3.37 to 7.80; short-term debt falls from €53k to €27k.
30-06
Financial Equity above €150kEq €188k ▲48.2%
3 profitable years in a row build equity to €188k.
12-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial Highest result since 2019net €74k ▲61%
Operating result €96k, net result €74k, both a record.
30-06
Financial Equity above €100kEq €127k ▲142%
2 profitable years in a row build equity to €127k.
2019
02-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Elsene · 1 establishment unit since 2018
establishment The establishment unit on the map
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.

Emile de Becolaan 941050 Elsene
Ground area
457 m²
Building footprint
339 m²
Volume, LiDAR
8,819 m³
Parcel 21443C0219/02W005, Brussels · tallest building 29.2 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
Tecartis
Emile de Becolaan 94, 1050 ElseneIT consultancy
since 20182.277.982.642
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21443C0219/02W005 Brussels 457 m² 1 · 339 m² 29.2 m · 9 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 29,995 companies in sector 62200 we hold annual accounts for 18,391. 13,188 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded28-06-2018
Fiscal year end30-06
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.