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TECHNOCON

Active
Private limited companyfounded 199530 yrs activeGroendreef 91, 9880 Aalter, BelgiumKBO/BCE: BE 0456.745.977
Summary

TECHNOCON has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €510k and a net result of €52k. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 69% of 1936 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability77▲+8
Solvency87▲+7
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.58 against 2.15 in 2023; short-term debt: 38.1% and cash: 12% of total assets), and 38.1% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 30 years 0 40 y
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 18-06-2025, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
43 d early
2023
8 d late
2022
31 d early
2021
31 d early
2020
74 d early
2019
87 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity
€510k▲ 11.3%
2023 · €458k
2018: €282klowest in 7 years 2019: €426k▲ +50.8% vs 2018 2020: €444k▲ +4.3% vs 2019 2021: €454k▲ +2.3% vs 2020 2022: €455k▲ +0.2% vs 2021 2023: €458k▲ +0.7% vs 2022 2024: €510k▲ +11.3% vs 2023highest in 7 years
2018 → 2024
Total assets
€824k▼ 1.7%
2023 · €838k
2018: €963k 2019: €746k▼ -22.5% vs 2018lowest in 7 years 2020: €1.27M▲ +70.1% vs 2019highest in 7 years 2021: €943k▼ -25.7% vs 2020 2022: €930k▼ -1.4% vs 2021 2023: €838k▼ -9.8% vs 2022 2024: €824k▼ -1.7% vs 2023
2018 → 2024
Net result
€52k▲ 1,596%
2023 · €3k
2018: €455k 2019: €510k▲ +12.1% vs 2018 2020: €608k▲ +19.1% vs 2019highest in 7 years 2021: €320k▼ -47.4% vs 2020 2022: €221k▼ -31.0% vs 2021 2023: €3k▼ -98.6% vs 2022lowest in 7 years 2024: €52k▲ +1596% vs 2023
2018 → 2024
Working capital
€497k▲ 13.6%
2023 · €437k
2018: €266klowest in 7 years 2019: €413k▲ +54.9% vs 2018 2020: €425k▲ +2.9% vs 2019 2021: €436k▲ +2.7% vs 2020 2022: €424k▼ -2.8% vs 2021 2023: €437k▲ +3.1% vs 2022 2024: €497k▲ +13.6% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€444k-€454k▲ 2.3%€455k▲ 0.2%€458k▲ 0.7%€510k▲ 11.3% 2020: €444klowest in 5 years 2021: €454k▲ +2.3% vs 2020 2022: €455k▲ +0.2% vs 2021 2023: €458k▲ +0.7% vs 2022 2024: €510k▲ +11.3% vs 2023highest in 5 years
Operating result€620k-€332k▼ 46.5%€307k▼ 7.5%€10k▼ 96.8%€77k▲ 693% 2020: €620khighest in 5 years 2021: €332k▼ -46.5% vs 2020 2022: €307k▼ -7.5% vs 2021 2023: €10k▼ -96.8% vs 2022lowest in 5 years 2024: €77k▲ +693% vs 2023
Net result€608k-€320k▼ 47.4%€221k▼ 31.0%€3k▼ 98.6%€52k▲ 1,596% 2020: €608khighest in 5 years 2021: €320k▼ -47.4% vs 2020 2022: €221k▼ -31.0% vs 2021 2023: €3k▼ -98.6% vs 2022lowest in 5 years 2024: €52k▲ +1596% vs 2023
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€200k€400k€600kOperating result 2020: €620k€620kNet result 2020: €608k€608kOperating result 2021: €332k€332kNet result 2021: €320k€320kOperating result 2022: €307k€307kNet result 2022: €221k€221kOperating result 2023: €10k€10kNet result 2023: €3k€3kOperating result 2024: €77k€77kNet result 2024: €52k€52k20202021202220232024€0€100k€200k€300kOperating result 2022: €307k€307kNet result 2022: €221k€221kOperating result 2023: €10k€9.7kNet result 2023: €3k€3.1kOperating result 2024: €77k€77kNet result 2024: €52k€52k202220232024
The operating result recovers in 2024; 2024 is 693% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €824k
Fixed assets €13k ▼ 36.4%
Current assets €811k ▼ 0.8%
Equity and liabilities €824k
Equity €510k ▲ 11.3%
Debt €314k ▼ 17.4%
Debt's share of the balance-sheet total falls from 45.4% to 38.1%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€84k▲
2023 · €22k
Cash flow
€59k▲
2023 · €15k
Current ratio
2.58▲
2023 · 2.15
Debt to equity
0.62▼
2023 · 0.83
ROE
10.2%▲
2023 · 0.7%
ROA
6.3%▲
2023 · 0.4%
Interest coverage
32.77▼
2023 · 97.15
Debt ≤ 1 year
€314k▼
2023 · €380k
Income taxes
€30k▲
2023 · €7k
Staff costs
€942k▲
2023 · €788k
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 · 2024 against 2023 · 45 lines
Balance sheet Code20232024
Assets
Total assets20/58€838k€824k▼
Fixed assets21/28€21k€13k▼
Intangible fixed assets21€734€0▼
Tangible fixed assets22/27€20k€13k▼
Plant, machinery and equipment23€19k€12k▼
Furniture and vehicles24€1k€852▼
Current assets29/58€818k€811k▼
Amounts receivable within one year40/41€334k€710k▲
Trade receivables40€280k€582k▲
Other amounts receivable41€55k€128k▲
Cash at bank and in hand54/58€476k€99k▼
Deferred charges and accrued income490/1€7k€2k▼
Equity and liabilities
Total equity and liabilities10/49€838k€824k▼
Equity10/15€458k€510k▲
Contributions10/11€19k€19k=
Reserves13€439k€490k▲
Tax-exempt reserves132€17k€17k=
Distributable reserves133€423k€474k▲
Profit (loss) carried forward14€140€919▲
Amounts payable17/49€380k€314k▼
Amounts payable within one year42/48€380k€314k▼
Trade debts44€66k€126k▲
Suppliers440/4€66k€126k▲
Taxes, remuneration and social security45€94k€188k▲
Taxes450/3€4k€80k▲
Remuneration and social security454/9€90k€108k▲
Other amounts payable47/48€220k€0▼
Income statement Code20232024
Remuneration, social security and pensions62€788k€942k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€7k▼
Other operating charges640/8€3k€2k▼
Gross operating margin9900€812k€1.03M▲
Operating profit (loss)9901€10k€77k▲
Financial income75/76B€1k€7k▲
Recurring financial income75€1k€7k▲
Financial charges65/66B€224€3k▲
Recurring financial charges65€224€3k▲
Profit (loss) for the period before taxes9903€11k€82k▲
Income taxes67/77€7k€30k▲
Profit (loss) for the period9904€3k€52k▲
Profit (loss) for the period to be appropriated9905€3k€52k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4k€52k▲
Profit (loss) brought forward from the previous period14P€1k€140▼
Transfer to equity691/2€4k€51k▲
To other reserves6921€4k€51k▲
Social balance
Average headcount (FTE)908710.912.3▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20202021202220232024Change
Remuneration, social security and pensions62-€828k€783k€788k€942k▲ 19.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€11k€13k€12k€7k▼ 38.5%
Other operating charges640/8-€3k€2k€3k€2k▼ 27.2%
Gross operating margin9900€1.40M€1.17M€1.10M€812k€1.03M▲ 26.5%
Operating profit (loss)9901€620k€332k€307k€10k€77k▲ 693%
Financial income75/76B-€0€515€1k€7k▲ 577%
Recurring financial income75€0€0€515€1k€7k▲ 577%
Financial charges65/66B-€1k€1k€224€3k▲ 1,044%
Recurring financial charges65€184€1k€1k€224€3k▲ 1,044%
Profit (loss) for the period before taxes9903€619k€330k€306k€11k€82k▲ 673%
Income taxes67/77€11k€10k€85k€7k€30k▲ 296%
Profit (loss) for the period9904€608k€320k€221k€3k€52k▲ 1,596%
Profit (loss) for the period to be appropriated9905€608k€320k€221k€3k€52k▲ 1,596%
Line20202021202220232024Change
Assets
Total assets20/58€1.27M€943k€930k€838k€824k▼ 1.7%
Fixed assets21/28€19k€17k€31k€21k€13k▼ 36.4%
Intangible fixed assets21-€4k€2k€734€0▼ 100%
Tangible fixed assets22/27€19k€13k€28k€20k€13k▼ 34.0%
Plant, machinery and equipment23-€13k€27k€19k€12k▼ 34.2%
Furniture and vehicles24-€140€2k€1k€852▼ 30.9%
Current assets29/58€1.25M€926k€899k€818k€811k▼ 0.8%
Amounts receivable within one year40/41€633k€354k€480k€334k€710k▲ 112%
Trade receivables40-€351k€477k€280k€582k▲ 108%
Other amounts receivable41-€3k€3k€55k€128k▲ 134%
Cash at bank and in hand54/58€587k€554k€410k€476k€99k▼ 79.2%
Deferred charges and accrued income490/1-€18k€9k€7k€2k▼ 76.6%
Equity and liabilities
Total equity and liabilities10/49€1.27M€943k€930k€838k€824k▼ 1.7%
Equity10/15€444k€454k€455k€458k€510k▲ 11.3%
Contributions10/11-€19k€19k€19k€19k=
Outside capital11-€19k€19k---
Other1109/19-€19k€19k---
Reserves13€424k€435k€435k€439k€490k▲ 11.6%
Non-distributable reserves130/1-€2k€2k---
Reserves not available under the articles1311-€2k€2k---
Tax-exempt reserves132-€17k€17k€17k€17k=
Distributable reserves133-€417k€417k€423k€474k▲ 12.1%
Profit (loss) carried forward14€973€89€1k€140€919▲ 558%
Amounts payable17/49€826k€490k€475k€380k€314k▼ 17.4%
Amounts payable within one year42/48€826k€490k€475k€380k€314k▼ 17.4%
Trade debts44€131k€73k€81k€66k€126k▲ 91.3%
Suppliers440/4-€73k€81k€66k€126k▲ 91.3%
Taxes, remuneration and social security45-€107k€174k€94k€188k▲ 99.1%
Taxes450/3-€24k€100k€4k€80k▲ 1,809%
Remuneration and social security454/9-€82k€74k€90k€108k▲ 19.4%
Other amounts payable47/48-€310k€220k€220k€0▼ 100%
Line20202021202220232024Change
Profit (loss) for the period9904€608k€320k€221k€3k€52k▲ 1,596%
+ Depreciation and write-downs630€7k€11k€13k€12k€7k▼ 38.5%
Operating cash flow (approximation)€615k€331k€234k€15k€59k▲ 291%
Investment in fixed assets (approximation)-€-9k€-26k€-2k€0▲ 100%
Change in cash-€-32k€-144k€66k€-377k▼ 674%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
25-03
State Gazette act Resignation: RE:Build (director)
Appointment: PG Consulting (director) · Permanent representative: Philip Goris · Mandate compensation6 facts ▸
  • General meeting, 11/02/2026
  • Director resignation, RE:Build (director)
  • Director appointment, PG Consulting (director)
  • Permanent representative, Philip Goris
  • Mandate compensation, PG Consulting
  • Power of attorney, Arianne Vervliet
2025
18-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Equity above €500kEq €510k ▲11.3%
7 profitable years in a row build equity to €510k.
08-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 8 days late
2023
31-12
Financial Weakest financial yearnet €3k ▼98.6%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
30-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
18-05
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Highest result since 2018net €608k ▲19.1%
Operating result €620k, net result €608k, both a record.
05-05
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
01-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 58 days late
2016
27-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 58 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts

Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 director, last change in 2026
PG CONSULTING
Director · since 11-02-2026 · Private limited company · perm. rep.: Philip Goris
Current
11-02-2026 PG CONSULTING: Appointed as Director
20-10-2025 RE:build: Resigned as Director
Not every act has been read: a resignation may be missing here
6 of this company's 7 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Aalter · 1 establishment unit since 1995
seat establishment The establishment unit on the map
Ground area
2,333 m²
Building footprint
1,332 m²
Volume, LiDAR
926 m³
Parcel 44503H0087/00R000, Flanders · tallest building 5.0 m. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
TECHNOCON
Groendreef 91, 9880 AalterManufacture of basic metals
since 19952.074.467.833
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44503H0087/00R000 Flanders 2,333 m² 1 · 1,332 m² 5.0 m
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Connections & network

2 connected companies
Linked via shared directors
MATEXI PROJECTS
Shared corporate director
→
OFF SITE BELGIUM
Shared corporate director
→

Similar companies · same sector, comparable size

Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 4,390 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded14-12-1995
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
41003General construction of other non-residential buildings

Scores and ratios are computed by Checked and are not a credit decision.