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TECHNICIANS BUILDING

Active
Private limited companyfounded 2018active for 8 yearsGruuthuselaan 49, 8020 Oostkamp, Belgium13 active companies are registered at this addressKBO/BCE: BE 0704.821.893
Summary

The computed 12-month bankruptcy probability of TECHNICIANS BUILDING is 3.2% (moderate). The annual accounts of TECHNICIANS BUILDING for financial year 2025 show a net loss of 58% of the equity at the start of that year. The 2025 annual accounts show equity of €19,294 and a net result of -€26,266. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 9,590 sector peers (NACE 43, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General electrical installation work
NACE 43211Employment placement agencies NACE 78100
4th largest employer in Oostkamp, Construction sector3 sites
Size
€373,714total assets 2025
Staff
18.9 FTE
Equity
€19,294
Loss
-€26,266
Turnover not published (abbreviated format)
Financial health
48 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.2%
Structure
Parent
Achieve More · 99.46%
Accounts 37 days early1 of 5 deeds read
Why 48raises riskSize: 18.9 FTE, total assets €373,714Sector: Specialised construction activities (NACE 43)Equity €19,294 (5.2% of total assets)Founded in 2018Show the evidence

Checked score

Score 2025
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 9% of its sector peers (NACE 43, small)
Financial strength · tick = 2024
Weak
Solvency 30-2
equity 5.2% of total assets
Liquidity 24+4
short-term debt 62.8% · cash 5.4%
Profitability 20+10
return on assets -7.0%
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 0.3% (2,644 companies, NACE 43, small)
Last 24 months 11-2024: 3.3%highest value 12-2024: 3.0%▼ -0.3 percentage points vs 11-2024 01-2025: 3.0%● unchanged vs 12-2024 02-2025: 3.0%● unchanged vs 01-2025 03-2025: 3.0%● unchanged vs 02-2025 04-2025: 3.0%● unchanged vs 03-2025 05-2025: 3.0%● unchanged vs 04-2025 06-2025: 3.0%● unchanged vs 05-2025 07-2025: 3.1%▲ +0.1 percentage points vs 06-2025 08-2025: 3.1%● unchanged vs 07-2025 09-2025: 3.0%▼ -0.1 percentage points vs 08-2025 10-2025: 3.0%● unchanged vs 09-2025 11-2025: 3.0%● unchanged vs 10-2025 12-2025: 3.0%● unchanged vs 11-2025 01-2026: 3.0%● unchanged vs 12-2025 02-2026: 3.0%● unchanged vs 01-2026 03-2026: 3.0%● unchanged vs 02-2026 04-2026: 2.9%▼ -0.1 percentage points vs 03-2026 05-2026: 2.8%▼ -0.1 percentage points vs 04-2026 06-2026: 2.8%● unchanged vs 05-2026 07-2026: 2.9%▲ +0.1 percentage points vs 06-2026 08-2026: 2.9%● unchanged vs 07-2026 09-2026: 2.8%▼ -0.1 percentage points vs 08-2026lowest value 10-2026: 3.2%▲ +0.4 percentage points vs 09-2026
Credit of up to €500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.59, compared with 1.39 in 2024; short-term debt: 62.8% and cash: 5.4% of total assets), but 94.8% 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, small): better than 6% on solvency, 15% on liquidity, 9% on profitability and 4% on growth.

The bankruptcy probability was computed on 11-10-2026 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

Seven signals.
raises riskneutral
raises risk · Size: 18.9 FTE, total assets €373,714
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Equity €19,294 (5.2% of total assets)
NBB · annual accounts
raises risk · Founded in 2018
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€26,266
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 9590 sector peers (2025).
NBB · sector comparison
Position among 9590 sector peers
Solvency
better than 9%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 24-09-2025, 37 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
37 days early
2024
8 days early
2023
103 days early
2022
126 days early
2021
3 days early
2020
on the day
2019
34 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 44 days before 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 (2)
neutral · Next filing not due yet
The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 24 September (4 of the last 5 filed years within 66 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-03-2026 year end12-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. MiscellaneousAuditor report · Declaration ·…
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Caution: Among the weakest 10% on net resultsector median €27,689 · 9,583 companies -€26,266 View
  • Controlled by Achieve More 99.46% View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€26,266 View
  • Positive: Always filed on timeaccounts within the deadline every year 7 years View

By topic

Financials

Financial year
2025
Total assets
€373,714
Loss
-€26,266
Solvency
5.2%
Total assets▼ 41.5%
Net result
20192025
Go to Financials

Timeline

Events
12
Since
2019
Next accounts
by 31-10-2026
  1. 20-07-2023Annual accounts filed
  2. 31-03-2023Highest result from 2019 to 2025
  3. 31-03-2023Equity above €100,000
Go to Timeline

Company details

Sites
3
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
17-09-2018
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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