Checked.be
Active
BE 0474.570.916Private limited company (pre-2019)
TECHNICAL CONSULTING ENGINEERING SERVICES
Hameau de la Houzée(THL) 19 ·6536 Thuin, Belgium· 25 yrs active
Sector: Engineering and related technical consultancy, excluding land surveyors
(71121)
Conclusion
TECHNICAL CONSULTING ENGINEERING SERVICES has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €505k and a net result of €21k. Equity is growing by ~38.6% per year across the filed fiscal years. Its solvency ranks better than 59% of 710 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €505k |
| Net result | €21k |
| Better than sector | 59% |
| Active | 25 yrs |
Financial profile
73
/ 100
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Health
86
Profitability
21
Solvency
96
Growth
62
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 2001, 25 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
86
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€45k
estimate, not credit advice
Score history
78
2021
98
2022
100
2023
100
2024
86
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 2.07 (≥ 1.5)
+10
Quick ratio
Quick ratio 2.07 (≥ 1.0)
+5
Leverage
Debt/equity 0.94 (< 1.0)
+10
Profitability
ROE 4%
+3
Interest coverage
Interest coverage 42.3× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 02-02-2026 with the NBB · fiscal year 2025 · full schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile
Too volatile to project: the yearly deviation from the trend is ~41% of the level (threshold 35%). We therefore deliberately show no projection line.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 71, Architectural and engineering activities; technical testing and analysis · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 51.6% | 42.9% | |
| Net result | €21k | €41k | |
| Equity | €505k | €511k | |
| Gross operating margin | €47k | €246k | |
| Total assets | €979k | €1.46M |
€1.90M
+179.4%
21-25
€47k
-90.1%
21-25
€21k
-93.7%
21-25
€22k
-93.2%
21-25
€979k
-12.7%
21-25
€505k
+4.1%
21-25
€505k
+4.5%
21-25
€46
-41.3%
21-25
€25k
-83.0%
21-25
€75k
+50.0%
21-25
€474k
-25.6%
21-25
€474k
-25.6%
21-25
2.07
+17.5%
21-25
2.07
+17.5%
21-25
51.6%
+19.3%
21-25
0.94
-28.5%
21-25
4.1%
-93.9%
21-25
2.1%
-92.8%
21-25
17.3%
+4.4%
21-25
25.0%
+4.7%
21-25
42.35
-91.6%
21-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | full schema | full schema | micro schema | micro schema | micro schema |
| Revenue | - | €1.90M | €681k | €380k | €1.29M |
| EBITDA | €47k | €477k | €163k | €52k | €311k |
| Net profit | €21k | €329k | €113k | €32k | €208k |
| Cash flow | €22k | €331k | €115k | €32k | €209k |
| Staff costs | - | €46 | €79 | €39 | - |
| Income taxes | €25k | €144k | €47k | €19k | €99k |
| Dividends | - | €75k | €50k | €41k | €76k |
| Total assets | €979k | €1.12M | €413k | €272k | €537k |
| Equity | €505k | €485k | €231k | €168k | €178k |
| Debt | €474k | €637k | €182k | €103k | €360k |
| of which ≤ 1y | €474k | €637k | €182k | €103k | €360k |
| of which > 1y | - | - | - | - | - |
| Working capital | €505k | €483k | €227k | €165k | €176k |
| Employees (FTE) | - | - | - | - | - |
Note: these years are not on the same basis. The filed schemas differ (full schema, micro schema), so the columns are not directly comparable.
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 2.07 | 1.76 | 2.25 | 2.59 | 1.49 |
| Quick ratio | 2.07 | 1.76 | 2.25 | 2.59 | 1.49 |
| Working capital ratio | 51.6% | 43.1% | 55.1% | 60.6% | 32.8% |
| Solvency | 51.6% | 43.2% | 56.0% | 61.9% | 33.0% |
| Debt / equity | 0.94 | 1.31 | 0.79 | 0.61 | - |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | 42.35 | 506.14 | 132.94 | 61.97 | - |
| Gross margin | - | 25.1% | 23.7% | 13.0% | - |
| Net margin | - | 17.3% | 16.6% | 8.3% | 16.2% |
| ROA | 2.1% | 29.3% | 27.3% | 11.6% | 38.8% |
| ROE | 4.1% | 67.8% | 48.8% | 18.8% | 117.4% |
| EBITDA margin | - | 25.0% | 23.9% | 13.6% | 24.2% |
| Days sales outstanding | - | 91d | 112d | 69d | 90d |
| Days payable outstanding | - | 102d | 50d | 58d | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €979k | €1.12M | €413k | €272k | €537k |
| Fixed assets | 21/28 | €406 | €2k | €4k | €4k | €1k |
| Intangible fixed assets | 21 | - | - | - | €0 | €0 |
| Tangible fixed assets | 22/27 | €406 | €2k | €4k | €4k | €1k |
| Current assets | 29/58 | €979k | €1.12M | €409k | €268k | €536k |
| Amounts receivable within one year | 40/41 | €378k | €475k | €213k | €92k | €318k |
| Cash & bank | 54/58 | €600k | €644k | €195k | €175k | €218k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €979k | €1.12M | €413k | €272k | €537k |
| Equity | 10/15 | €505k | €485k | €231k | €168k | €178k |
| Contributions / capital | 10/11 | €12k | €12k | €12k | €12k | - |
| Reserves | 13 | €485k | €473k | €219k | €156k | €165k |
| Accumulated profits (losses) | 14 | €8k | - | - | - | €-12k |
| Amounts payable | 17/49 | €474k | €637k | €182k | €103k | €360k |
| Amounts payable within one year | 42/48 | €474k | €637k | €182k | €103k | €360k |
| Trade debts payable within one year | 44 | €343k | €397k | €72k | €53k | €152k |
| Income statement | ||||||
| Turnover | 70 | - | €1.90M | €681k | €380k | €1.29M |
| Gross operating margin | 9900 | €47k | €479k | €166k | €54k | €315k |
| Operating result | 9901 | €45k | €474k | €161k | €51k | €311k |
| Financial income | 75 | €1k | - | - | €1 | - |
| Financial charges | 65 | €1k | €942 | €1k | €831 | €921 |
| Result before taxes | 9903 | €45k | €474k | €160k | €50k | €310k |
| Income taxes | 67/77 | €25k | €144k | €47k | €19k | €99k |
| Net result for the period | 9904 | €21k | €329k | €113k | €32k | €211k |
| Result to be appropriated | 9905 | €21k | €329k | €113k | €32k | €211k |
Directors & mandates
Current directors & mandates
-
Bénédicte SverzuttiDirectorState Gazette act 25122142 (26-09-2025)Current26-09-2025 → present
Former directors (1)
-
Renzo SverzuttiDirectorState Gazette act 25122142 (26-09-2025)Former- → 26-09-2025
Legal Structure
| NACE primary | Engineering and related technical consultancy, excluding land surveyors(71121) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 11-04-2001 |
| Status | Active |
| Postal code | 6536 |
Establishment units
Hameau de la Houzée(THL) 19, 6536 Thuin
since 20012.098.022.502
Real-estate footprint
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56077A0716/00G000 | Wallonia | 315 m² | 1 · 87 m² | 7.7 m · 2 fl. |
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.
Updates
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 2 days late
2025
26-09
State Gazette act
Director changes
v3.2
30-06
Financial
Weakest financial yearnet €21k ▼93.7%
Net result drops to €21k, the lowest in the series.
30-06
Financial
Equity above €500kEq €505k ▲4.1%
5 profitable years in a row build equity to €505k.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-06
Financial
Highest result since 2021net €329k ▲192%
Operating result €474k, net result €329k, both a record.
13-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
30-06
Financial
Equity above €200kEq €231k ▲37.3%
3 profitable years in a row build equity to €231k.
2022
01-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
16-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
07-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
29-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
03-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
All acts · 1
updated 11 months ago
2025
26-09-2025 1 director appointed, 1 resigning
- Bénédicte Sverzutti, Bestuurder
- Renzo Sverzutti, Bestuurder
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_out",
"role": "administrateur",
"person": {
"rrn": null,
"name": "Renzo Sverzutti",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "administrateur",
"person": {
"rrn": null,
"name": "B\u00E9n\u00E9dicte Sverzutti",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0474.570.916",
"name_full": "TECHNICAL CONSULTING ENGINEERING SERVICES"
}
}Credit advice
Company registry (CBE)
Activities
Engineering and related technical consultancy, excluding land surveyors7112174203
Names & trade names
| Legal nameFR | TECHNICAL CONSULTING ENGINEERING SERVICES |
| AbbreviationFR | T.C.E.S. |
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