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TECNOFORM

Active
Private limited companyfounded 201016 yrs activeRue Antoine De Berghes 36, 4801 Verviers, BelgiumKBO/BCE: BE 0822.740.043

TECNOFORM has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €925k and a net result of €206k. Equity is growing by ~42.6% per year across the filed fiscal years. Its solvency ranks better than 53% of 435 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
86 / 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
Profitability84▼-13
Solvency81▲+15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity short (current ratio 0.91 against 0.66 in 2024; short-term debt: 24.2% and cash: 17% of total assets), and 44.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Sector 85
lower
← 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 16 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
55.7%
Return on assets
12.4%
Age of the figures
18 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 16-09-2025, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 d early
2024
6 d early
2023
13 d early
2022
21 d early
2021
48 d early
2020
54 d early
2019
34 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close21-09-2026 today31-10-2026 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 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€206k▼ 50.7%
2024 · €418k
2019: €21k 2020: €36k 2021: €73k 2022: €95k 2023: €19k 2024: €418k
2019 → 2025
Working capital
€-36k▲ 81.3%
2024 · €-192k
2019: €-77k 2020: €-15k 2021: €29k 2022: €58k 2023: €-177k 2024: €-192k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€223k-€318k▲ 42.4%€337k▲ 6.0%€755k▲ 124%€925k▲ 22.5%
Operating result€94k-€140k▲ 48.5%€38k▼ 73.0%€192k▲ 408%€332k▲ 72.8%
Net result€73k-€95k▲ 29.1%€19k▼ 79.7%€418k▲ 2,077%€206k▼ 50.7%
Result per fiscal year
Operating resultNet result
€0€200k€400kOperating result 2021: €94k€94kNet result 2021: €73k€73kOperating result 2022: €140k€140kNet result 2022: €95k€95kOperating result 2023: €38k€38kNet result 2023: €19k€19kOperating result 2024: €192k€192kNet result 2024: €418k€418kOperating result 2025: €332k€332kNet result 2025: €206k€206k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 73% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.66M
Fixed assets €1.29M▼ 10.1%
Current assets €365k▼ 4.3%
Equity and liabilities €1.66M
Equity €925k▲ 22.5%
Debt €735k▼ 31.2%
The debt ratio falls from 58.6% to 44.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€493k
2024 · €359k
Cash flow
€366k
2024 · €584k
Solvency
55.7%
2024 · 41.4%
Current ratio
0.91
2024 · 0.66
Quick ratio
0.91
2024 · 0.66
Debt / equity
0.79
2024 · 1.41
ROE
22.3%
2024 · 55.3%
ROA
12.4%
2024 · 22.9%
Interest coverage
14.24
2024 · 10.84
Debt
€735k
2024 · €1.07M
Debt ≤ 1 year
€401k
2024 · €574k
Debt > 1 year
€334k
2024 · €494k
Income taxes
€92k
2024 · €62k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€1.82M€1.66M
Fixed assets21/28€1.44M€1.29M
Intangible fixed assets21€537€353
Tangible fixed assets22/27€747k€601k
Land and buildings22€286k€276k
Plant, machinery and equipment23€2k€1k
Furniture and vehicles24€458k€324k
Financial fixed assets28€694k€694k=
Current assets29/58€381k€365k
Amounts receivable within one year40/41€178k€83k
Trade receivables40€156k€83k
Other amounts receivable41€22k-
Cash at bank and in hand54/58€200k€282k
Deferred charges and accrued income490/1€4k€521
Equity and liabilities
Total equity and liabilities10/49€1.82M€1.66M
Equity10/15€755k€925k
Contributions10/11€6k€6k=
Reserves13€643k€813k
Distributable reserves133€643k€813k
Profit (loss) carried forward14€106k€106k=
Amounts payable17/49€1.07M€735k
Amounts payable after more than one year17€494k€334k
Financial debts170/4€494k€334k
Amounts payable within one year42/48€574k€401k
Current portion of amounts payable after more than one year42€240k€161k
Trade debts44€16k€10k
Suppliers440/4€16k€10k
Taxes, remuneration and social security45€66k€29k
Taxes450/3€65k€29k
Remuneration and social security454/9€1k-
Other amounts payable47/48€252k€202k
Income statement Code20242025
Non-recurring operating income76A€3k€9k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€167k€160k
Other operating charges640/8€15k€13k
Non-recurring operating charges66A-€110
Gross operating margin9900€374k€506k
Operating profit (loss)9901€192k€332k
Financial income75/76B€321k€55
Recurring financial income75€2€55
Non-recurring financial income76B€321k-
Financial charges65/66B€33k€35k
Recurring financial charges65€33k€35k
Profit (loss) for the period before taxes9903€480k€298k
Income taxes67/77€62k€92k
Profit (loss) for the period9904€418k€206k
Profit (loss) for the period to be appropriated9905€418k€206k
Appropriation of the result
Profit (loss) to be appropriated9906€524k€312k
Profit (loss) brought forward from the previous period14P€106k€106k=
Transfer from equity791/2-€36k
Transfer to equity691/2€418k€206k
To other reserves6921€418k€206k
Profit to be distributed694/7-€36k
Return on contributions (dividend)694-€36k

The notes to these accounts (16 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

Next filing, fiscal year 2026, expected by 31-10-2026
2025
16-09
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2024
25-10
NBB filing Annual accounts filed
fiscal year 2024 · full schema
31-03
Financial Highest result since 2019net €418k ▲2077%
Net result €418k, the highest in the series.
31-03
Financial Equity above €500kEq €755k ▲124%
6 profitable years in a row build equity to €755k.
2023
18-10
NBB filing Annual accounts filed
fiscal year 2023 · full schema
31-03
Financial Weakest financial yearnet €19k ▼79.7%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
2022
10-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
13-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial Equity above €200kEq €223k ▲48.9%
3 profitable years in a row build equity to €223k.
2020
07-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial Equity above €150kEq €150k ▲31.6%
2 profitable years in a row build equity to €150k.
2019
27-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
26-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
28-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
27-09
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Verviers · 1 establishment unit since 2010
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.

Rue Antoine De Berghes 364801 Verviers
Ground area
1,470 m²
Building footprint
60 m²
Volume, LiDAR
456 m³
Parcel 63074B0895/00E002, Wallonia · tallest building 8.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TECNOFORM
Rue Antoine De Berghes 36, 4801 VerviersReal estate activities
since 20102.186.286.760
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63074B0895/00E002 Wallonia 1,470 m² 1 · 60 m² 8.4 m · 3 fl.
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.

Similar companies · same sector, comparable size

Of 11,670 companies in sector 85599 we hold annual accounts for 1,329. 548 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded29-01-2010
Fiscal year end31-03
Activities, NACEBEL
85599Other education
41001General construction of residential buildings
77110Renting and leasing of cars and light motor vehicles
85531Driving schools for cars and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.