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Technolit

Active
Private limited companyfounded 201214 yrs activeIndustrieweg 1201, 3540 Herk-de-Stad, BelgiumKBO/BCE: BE 0845.376.576

Technolit has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-1.40M) and a net result of €-700k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 9039 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2024
31 / 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.51 against 0.78 in 2023; short-term debt: 183.6% and cash: 26.7% of total assets), and equity is negative.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-90%
Return on assets
-45.2%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 14 years 0 20 y
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €-1.40M
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 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
44 d early
2023
22 d early
2022
19 d early
2021
20 d early
2020
43 d early
2019
73 d early
← before the deadline after the deadline →
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
€-1.40M▼ 101%
2023 · €-696k
2018: €47k 2019: €53k 2020: €65k 2021: €-109k 2022: €-232k 2023: €-696k
2018 → 2024
Total assets
€1.55M▼ 30.4%
2023 · €2.23M
2018: €1.55M 2019: €2.08M 2020: €1.99M 2021: €1.76M 2022: €2.68M 2023: €2.23M
2018 → 2024
Net result
€-700k▼ 51.0%
2023 · €-464k
2018: €-8k 2019: €6k 2020: €12k 2021: €-174k 2022: €-122k 2023: €-464k
2018 → 2024
Working capital
€-1.39M▼ 122%
2023 · €-628k
2018: €140k 2019: €143k 2020: €159k 2021: €-28k 2022: €-149k 2023: €-628k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€65k-€-109k€-232k▼ 112%€-696k▼ 200%€-1.40M▼ 101%
Operating result€92k-€-130k€-91k▲ 30.6%€-440k▼ 386%€-679k▼ 54.4%
Net result€12k-€-174k€-122k▲ 29.7%€-464k▼ 279%€-700k▼ 51.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-800k€-600k€-400k€-200k€0Operating result 2020: €92k€92kNet result 2020: €12k€12kOperating result 2021: €-130k€-130kNet result 2021: €-174k€-174kOperating result 2022: €-91k€-91kNet result 2022: €-122k€-122kOperating result 2023: €-440k€-440kNet result 2023: €-464k€-464kOperating result 2024: €-679k€-679kNet result 2024: €-700k€-700k20202021202220232024
The operating result stays negative: a loss of €679k in 2024 against €440k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.55M
Fixed assets €95k▲ 193%
Current assets €1.46M▼ 33.7%
Key figures and ratios
2024 value · change against 2023
EBITDA
€-670k
2023 · €-431k
Cash flow
€-691k
2023 · €-454k
Solvency
-90.0%
2023 · -31.2%
Current ratio
0.51
2023 · 0.78
Quick ratio
0.43
2023 · 0.68
Debt / equity
-2.11
2023 · -4.20
ROA
-45.2%
2023 · -20.8%
Interest coverage
-61.80
2023 · -31.54
Debt
€2.95M
2023 · €2.92M
Debt ≤ 1 year
€2.85M
2023 · €2.82M
Debt > 1 year
€100k=
2023 · €100k
Income taxes
€10k
2023 · €10k
Staff costs
€3.30M
2023 · €3.32M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€2.23M€1.55M
Fixed assets21/28€33k€95k
Intangible fixed assets21-€63k
Tangible fixed assets22/27€33k€33k
Furniture and vehicles24€18k€14k
Other tangible fixed assets26€15k€19k
Current assets29/58€2.19M€1.46M
Stocks and contracts in progress3€274k€231k
Stocks30/36€274k€231k
Amounts receivable within one year40/41€1.47M€776k
Trade receivables40€1.42M€751k
Other amounts receivable41€48k€25k
Cash at bank and in hand54/58€446k€415k
Deferred charges and accrued income490/1€7k€34k
Equity and liabilities
Total equity and liabilities10/49€2.23M€1.55M
Equity10/15€-696k€-1.40M
Contributions10/11€100k€100k=
Profit (loss) carried forward14€-796k€-1.50M
Amounts payable17/49€2.92M€2.95M
Amounts payable after more than one year17€100k€100k=
Financial debts170/4€100k€100k=
Amounts payable within one year42/48€2.82M€2.85M
Trade debts44€1.40M€1.90M
Suppliers440/4€1.40M€1.90M
Taxes, remuneration and social security45€552k€437k
Taxes450/3€122k€79k
Remuneration and social security454/9€430k€358k
Other amounts payable47/48€870k€507k
Income statement Code20232024
Non-recurring operating income76A-€563k
Remuneration, social security and pensions62€3.32M€3.30M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€10k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-67k€-14k
Other operating charges640/8€14k€505
Gross operating margin9900€2.84M€2.62M
Operating profit (loss)9901€-440k€-679k
Financial income75/76B€60-
Recurring financial income75€60-
Financial charges65/66B€14k€11k
Recurring financial charges65€14k€11k
Profit (loss) for the period before taxes9903€-454k€-690k
Income taxes67/77€10k€10k
Profit (loss) for the period9904€-464k€-700k
Profit (loss) for the period to be appropriated9905€-464k€-700k
Appropriation of the result
Profit (loss) to be appropriated9906€-796k€-1.50M
Profit (loss) brought forward from the previous period14P€-332k€-796k
Social balance
Average headcount (FTE)908748.944.7

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
17-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Weakest financial yearnet €-700k
Net result drops to €-700k, the lowest in the series.
09-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
12-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
11-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
18-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Highest result since 2018net €12k ▲110%
Net result €12k, the highest in the series.
19-05
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Back to profitnet €6k
Net result €6k after one loss-making year.
19-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-05
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
07-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
8 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, Herk-de-Stad · 1 establishment unit since 2012
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Industrieweg 12013540 Herk-de-Stad
Ground area
6,633 m²
Building footprint
3,487 m²
Volume, LiDAR
22,654 m³
2 parcels, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Technolit
Industrieweg 1505, 3540 Herk-de-StadWholesale trade
since 20122.209.264.278
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71024A0228/00F000 Flanders 3,365 m² 1 · 1,869 m² 8.6 m · 2 fl.
71024A0247/00Y000 Flanders 3,267 m² 1 · 1,617 m² 7.5 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 2,507 companies in sector 46649 we hold annual accounts for 1,760. 899 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded19-04-2012
Fiscal year end31-12
Activities, NACEBEL
46649Wholesale of other machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.