Checked.be
Active
BE 0549.878.350Private limited company (pre-2019)
TECHNICC
Weymouthlaan 15 ·2950 Kapellen, Belgium· 12 yrs active
Sector: Plumbing work
(43221)
Conclusion
TECHNICC has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €63k and a net result of €-7k. Equity is growing by ~29% per year across the filed fiscal years. Its solvency ranks better than 42% of 2906 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €63k |
| Net result | €-7k |
| Better than sector | 42% |
| Active | 12 yrs |
Financial profile
48
/ 100
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Health
37
Profitability
6
Solvency
64
Growth
35
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Established
Founded in 2014, 12 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
37
/ 100
Weak
Computed from 6 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
€3k
estimate, not credit advice
Score history
66
2022
35
2023
96
2024
37
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 1.35 (≥ 1.0)
+5
Leverage
Debt/equity 1.80 (< 2.0)
+3
Profitability
Negatieve ROE -11%
-10
EBITDA margin
EBITDA-marge 0%
+2
Interest coverage
Interest coverage 0.3× (< 1.5×)
-10
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 31-08-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~29%/year over 4 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
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 43, Specialised construction activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 35.8% | 43.3% | |
| Net result | €-7k | €13k | |
| Equity | €63k | €44k | |
| Gross operating margin | €4k | €39k | |
| Total assets | €177k | €115k |
€601k
-11.0%
22-25
€362
-99.2%
22-25
€-7k
-
22-25
€-820
-
22-25
€177k
+11.0%
22-25
€63k
-9.6%
22-25
€30k
-34.8%
22-25
€4k
+18.0%
22-25
€114k
+27.1%
22-25
€86k
+4.2%
22-25
€27k
+313.2%
22-25
1.35
-13.4%
22-25
0.97
-23.9%
22-25
35.8%
-18.6%
22-25
1.80
+40.7%
22-25
-10.7%
-
22-25
-3.8%
-
22-25
-1.1%
-
22-25
0.1%
-99.2%
22-25
0.28
-99.0%
22-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | €601k | €676k | - | - |
| EBITDA | €362 | €48k | €7k | €7k |
| Net profit | €-7k | €39k | €-3k | €635 |
| Cash flow | €-820 | €43k | €1k | €5k |
| Staff costs | - | - | - | - |
| Income taxes | - | €4k | €3k | €2k |
| Dividends | - | - | - | - |
| Total assets | €177k | €159k | €160k | €264k |
| Equity | €63k | €70k | €29k | €32k |
| Debt | €114k | €89k | €132k | €232k |
| of which ≤ 1y | €86k | €83k | €118k | €124k |
| of which > 1y | €27k | €7k | €14k | €21k |
| Working capital | €30k | €46k | €12k | €107k |
| Employees (FTE) | - | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 1.35 | 1.56 | 1.10 | 1.86 |
| Quick ratio | 0.97 | 1.28 | 0.80 | 1.53 |
| Working capital ratio | 17.0% | 28.9% | 7.7% | 40.3% |
| Solvency | 35.8% | 43.9% | 17.9% | 12.1% |
| Debt / equity | 1.80 | 1.28 | 4.59 | 7.26 |
| Long-term debt ratio | 0.43 | 0.09 | 0.48 | 0.65 |
| Interest coverage | 0.28 | 27.23 | 2.36 | 4.36 |
| Gross margin | 0.6% | 7.6% | - | - |
| Net margin | -1.1% | 5.7% | - | - |
| ROA | -3.8% | 24.4% | -2.1% | 0.2% |
| ROE | -10.7% | 55.5% | -11.6% | 2.0% |
| EBITDA margin | 0.1% | 7.1% | - | - |
| Days sales outstanding | 31d | 34d | - | - |
| Days payable outstanding | 43d | 43d | - | - |
| Inventory turnover | 18.33 | 26.82 | - | - |
| Days inventory (DSI) | 20d | 14d | - | - |
Balance-sheet composition 2025
Full annual accounts (26 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €177k | €159k | €160k | €264k |
| Fixed assets | 21/28 | €61k | €31k | €30k | €34k |
| Tangible fixed assets | 22/27 | €61k | €31k | €30k | €34k |
| Financial fixed assets | 28 | - | - | - | €748 |
| Current assets | 29/58 | €116k | €129k | €130k | €230k |
| Stocks & contracts in progress | 3 | €33k | €23k | €36k | €41k |
| Amounts receivable within one year | 40/41 | €72k | €72k | €81k | €186k |
| Cash & bank | 54/58 | €11k | €33k | €12k | €3k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €177k | €159k | €160k | €264k |
| Equity | 10/15 | €63k | €70k | €29k | €32k |
| Contributions / capital | 10/11 | €13k | €13k | €13k | €13k |
| Reserves | 13 | €4k | €2k | €2k | €2k |
| Accumulated profits (losses) | 14 | €46k | €56k | €14k | €18k |
| Amounts payable | 17/49 | €114k | €89k | €132k | €232k |
| Amounts payable after one year | 17 | €27k | €7k | €14k | €21k |
| Amounts payable within one year | 42/48 | €86k | €83k | €118k | €124k |
| Trade debts payable within one year | 44 | €71k | €73k | €108k | €108k |
| Income statement | |||||
| Turnover | 70 | €601k | €676k | - | - |
| Gross operating margin | 9900 | €4k | €51k | €9k | €10k |
| Operating result | 9901 | €-6k | €44k | €3k | €3k |
| Financial income | 75 | €131 | €407 | €26 | €511 |
| Financial charges | 65 | €1k | €2k | €3k | €2k |
| Result before taxes | 9903 | €-7k | €43k | €-217 | €2k |
| Income taxes | 67/77 | - | €4k | €3k | €2k |
| Net result for the period | 9904 | €-7k | €39k | €-3k | €635 |
| Result to be appropriated | 9905 | €-7k | €39k | €-3k | €635 |
Legal Structure
| NACE primary | Plumbing work(43221) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 31-03-2014 |
| Status | Active |
| Postal code | 2950 |
Establishment units
Technicc
since 20142.229.415.534
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11023I0071/00H000 | Flanders | 2,011 m² | 1 · 253 m² | 19.6 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-7k ▼117%
Net result drops to €-7k, the lowest in the series.
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
31-12
Financial
Back to profitnet €39k
Net result €39k after one loss-making year.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Plumbing work43221General electrical installation work43211Event catering56210
Names & trade names
| Legal nameNL | TECHNICC |
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