TECHNIGEN
ActiveSummary
TECHNIGEN has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €863k and a net result of €72k. Equity is growing by ~24.1% per year across the filed fiscal years. Its solvency ranks better than 94% of 2045 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-10
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 6.41 against 4.52 in 2024; short-term debt: 12.1% and cash: 20.8% of total assets), and 12.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
87.9%
Return on assets
7.3%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
18 d late
2023
19 d late
2022
1 d early
2021
25 d late
2020
on the day
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€72k▼ 51.7%
2024 · €149k
2018: €99k
2019: €99k
2020: €97k
2021: €134k
2022: €84k
2023: €139k
2024: €149k
2018 → 2025
Working capital
€646k▲ 17.2%
2024 · €551k
2018: €99k
2019: €129k
2020: €142k
2021: €232k
2022: €291k
2023: €400k
2024: €551k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€421k-€504k▲ 19.9%€643k▲ 27.5%€791k▲ 23.1%€863k▲ 9.1%
Operating result€201k-€124k▼ 38.2%€200k▲ 61.1%€220k▲ 9.9%€100k▼ 54.3%
Net result€134k-€84k▼ 37.5%€139k▲ 65.6%€149k▲ 7.2%€72k▼ 51.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 54% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €983k
Fixed assets
€218k ▼ 9.7%
Current assets
€765k ▲ 8.2%
Equity and liabilities €983k
Equity
€863k ▲ 9.1%
Debt
€119k ▼ 23.7%
Debt's share of the balance-sheet total falls from 16.5% to 12.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€125k▼
2024 · €253k
Cash flow
€97k▼
2024 · €182k
Current ratio
6.41▲
2024 · 4.52
Debt to equity
0.14▼
2024 · 0.20
ROE
8.3%▼
2024 · 18.8%
ROA
7.3%▼
2024 · 15.7%
Interest coverage
60.64▼
2024 · 219.95
Debt ≤ 1 year
€119k▼
2024 · €156k
Income taxes
€42k▼
2024 · €76k
Staff costs
€220k▲
2024 · €212k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€948k€983k▲
Fixed assets21/28€241k€218k▼
Tangible fixed assets22/27€239k€216k▼
Land and buildings22€169k€166k▼
Plant, machinery and equipment23€22k€15k▼
Furniture and vehicles24€48k€35k▼
Financial fixed assets28€2k€2k=
Current assets29/58€707k€765k▲
Amounts receivable within one year40/41€267k€558k▲
Trade receivables40€125k€148k▲
Other amounts receivable41€142k€410k▲
Cash at bank and in hand54/58€438k€204k▼
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€948k€983k▲
Equity10/15€791k€863k▲
Contributions10/11€21k€21k=
Reserves13€629k€701k▲
Distributable reserves133€629k€701k▲
Profit (loss) carried forward14€142k€142k=
Amounts payable17/49€156k€119k▼
Amounts payable within one year42/48€156k€119k▼
Current portion of amounts payable after more than one year42€1k-
Trade debts44€25k€27k▲
Suppliers440/4€25k€27k▲
Taxes, remuneration and social security45€130k€92k▼
Taxes450/3€99k€63k▼
Remuneration and social security454/9€31k€29k▼
Income statement
Code20242025
Remuneration, social security and pensions62€212k€220k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€25k▼
Other operating charges640/8€3k€3k▼
Gross operating margin9900€468k€348k▼
Operating profit (loss)9901€220k€100k▼
Financial income75/76B€6k€15k▲
Recurring financial income75€6k€15k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€225k€113k▼
Income taxes67/77€76k€42k▼
Profit (loss) for the period9904€149k€72k▼
Profit (loss) for the period to be appropriated9905€149k€72k▼
Appropriation of the result
Profit (loss) to be appropriated9906€290k€213k▼
Profit (loss) brought forward from the previous period14P€142k€142k=
Transfer to equity691/2€149k€72k▼
To other reserves6921€149k€72k▼
Social balance
Average headcount (FTE)9087-5.0
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-09
Financial
Weakest financial yearnet €72k ▼51.7%
Net result drops to €72k, the lowest in the series.
18-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
30-09
Financial
Highest result since 2018net €149k ▲7.2%
Operating result €220k, net result €149k, both a record.
19-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
29-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €500kEq €504k ▲19.9%
5 profitable years in a row build equity to €504k.
25-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Equity above €200kEq €287k ▲50.9%
3 profitable years in a row build equity to €287k.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Equity above €150kEq €190k ▲108%
2 profitable years in a row build equity to €190k.
Show earlier events
15-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 15 days late
2018
16-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2017
21-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Fontaine-l'Evêque · 1 establishment unit since 2001
Ground area
810 m²
Building footprint
59 m²
Parcel 52038A0342/00V002, Wallonia. Linked by address, not a title deed.
1 establishment unit
TECHNIGEN
since 20012.098.322.311
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52038A0342/00V002 | Wallonia | 810 m² | 1 · 59 m² | - |
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.
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,420. 3,526 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-06-2001
Fiscal year end30-09
Activities, NACEBEL 2025
43990Other specialised construction activities
71209Other technical testing and analysis
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.