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TECH-SERVICE

Active
Private limited companyfounded 2011active for 15 yearsEerwaarde Pater Pirestraat 7, 1080 Sint-Jans-Molenbeek, Belgium17 active companies are registered at this addressKBO/BCE: BE 0837.453.161
Summary

The computed 12-month bankruptcy probability of TECH-SERVICE is 3.2% (moderate). The annual accounts of TECH-SERVICE for financial year 2024 show a net loss of 68% of total assets and of 64% of the equity at the start of that year. The 2024 annual accounts show equity of €17,013 and a net result of -€30,418. Equity is growing by about 9.7% per year across the filed financial years. Its solvency ranks better than 40% of 35,969 sector peers (NACE 43, financial year 2024). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General electrical installation work
NACE 43211Limited-service restaurants, excluding mobile food services NACE 56112
2 sites
Size
€126,940turnover 2024
Equity
€17,013
Loss
-€30,418
Financial health
48 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.2%
Structure
Accounts 79 days overdue1 of 8 deeds read
Why 48raises riskFigures for financial year 2024 (filed 30-06-2025)Loss of €30,418 (financial year 2024)lowers riskFounded in 2011Size: turnover €126,940, total assets €44,762Show the evidence

Checked score

Score 2024
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 16% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Weak
Solvency 63-14
equity 38.0% of total assets
Liquidity 20-9
short-term debt 62.0% · cash 2.1%
Profitability 0-84
return on assets -68.0%
Bankruptcy probability, 12 months
3.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,571 companies, NACE 43, micro)
Last 24 months 11-2024: 1.4% 12-2024: 1.4%● unchanged vs 11-2024 01-2025: 1.4%● unchanged vs 12-2024 02-2025: 1.4%● unchanged vs 01-2025 03-2025: 1.5%▲ +0.1 percentage points vs 02-2025 04-2025: 1.5%● unchanged vs 03-2025 05-2025: 1.5%● unchanged vs 04-2025 06-2025: 1.4%▼ -0.1 percentage points vs 05-2025 07-2025: 1.3%▼ -0.1 percentage points vs 06-2025 08-2025: 1.3%● unchanged vs 07-2025 09-2025: 1.3%● unchanged vs 08-2025 10-2025: 1.3%● unchanged vs 09-2025 11-2025: 1.3%● unchanged vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.3%● unchanged vs 12-2025 02-2026: 1.3%● unchanged vs 01-2026 03-2026: 1.3%● unchanged vs 02-2026 04-2026: 1.4%▲ +0.1 percentage points vs 03-2026 05-2026: 1.4%● unchanged vs 04-2026 06-2026: 1.3%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 1.3%● unchanged vs 06-2026 08-2026: 2.0%▲ +0.7 percentage points vs 07-2026 09-2026: 2.4%▲ +0.4 percentage points vs 08-2026 10-2026: 3.2%▲ +0.8 percentage points vs 09-2026highest value
Credit of up to €500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.21, compared with 1.62 in 2023, below the usual 1.5; short-term debt: 62% and cash: 2.1% of total assets), and 62% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 40% on solvency, 11% on liquidity, 4% on profitability and 7% on growth.

The bankruptcy probability was computed on 17-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 30-06-2025)
NBB · annual accounts
lowers risk · Founded in 2011
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Loss of €30,418 (financial year 2024)
NBB · annual accounts
lowers risk · Size: turnover €126,940, total assets €44,762
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 79 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline18-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
31 days early
2023
26 days late
2022
29 days late
2021
31 days late
2020
27 days late
2019
111 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 32 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: ZAHMIDI ALI (administration)Appointment: ZAHMIDI BILAL (administration) ·…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Weakest financial yearnet -€30,418

Key points

  • Caution: Among the weakest 5% on net resultsector median €9,460 · 35,939 companies -€30,418 View
  • Caution: Turnover fell in 2024from €258,780 to €126,940 ▼ 50.9% View
  • Caution: Accounts not fileddeadline was 31-07-2026 79 days late View
  • Board changedlatest change 01-04-2026 · 0 in office 1 joined · 1 left View

By topic

Financials

Financial year
2024
Turnover
€126,940
Loss
-€30,418
Solvency
38.0%
Turnover▼ 50.9%
Net result
20182024
Go to Financials

Timeline

Events
16
Since
2013
  1. 26-08-2024Annual accounts filed
  2. 31-12-2023Highest result from 2018 to 2024
  3. 29-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
30-06-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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