TectoFly
ActiveSummary
TectoFly has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €58k and a net result of €-3k. Equity is growing by ~14.2% per year across the filed fiscal years. Its solvency ranks better than 92% of 1633 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability25▲+4
Solvency100▲+58
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 8.19 against 33.38 in 2023; short-term debt: 12.2% of total assets), and 12.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
87.8%
Return on assets
-5.1%
Age of the figures
21 mo
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
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 08-07-2025, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
23 d early
2023
68 d late
2022
6 d early
2021
16 d early
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€58k▼ 5.5%
2023 · €61k
2018: €10k
2019: €24k
2020: €40k
2021: €56k
2022: €56k
2023: €61k
2018 → 2024
Total assets
€66k▼ 82.0%
2023 · €365k
2018: €69k
2019: €70k
2020: €85k
2021: €127k
2022: €360k
2023: €365k
2018 → 2024
Net result
€-3k
2023 · €6k
2018: €-5k
2019: €14k
2020: €16k
2021: €16k
2022: €-281
2023: €6k
2018 → 2024
Working capital
€58k▼ 59.1%
2023 · €141k
2018: €-4k
2019: €22k
2020: €39k
2021: €55k
2022: €135k
2023: €141k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€40k-€56k▲ 40.3%€56k▼ 0.5%€61k▲ 10.0%€58k▼ 5.5%
Operating result€19k-€17k▼ 8.5%€-11k€-3k▲ 73.8%€-3k▼ 8.4%
Net result€16k-€16k▲ 2.6%€-281€6k€-3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2024 against €3k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €66k
Equity
€58k ▼ 5.5%
Debt
€8k ▼ 97.4%
Debt's share of the balance-sheet total falls from 83.3% to 12.2%. Equity and debt are lower.
Key figures and ratios
Current ratio
8.19▼
2023 · 33.38
Debt to equity
0.14▼
2023 · 4.98
ROE
-5.8%▼
2023 · 9.1%
ROA
-5.1%▼
2023 · 1.5%
Debt ≤ 1 year
€8k▲
2023 · €4k
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 · 38 lines
Balance sheet
Code20232024
Assets
Total assets20/58€365k€66k▼
Fixed assets21/28€220k-
Financial fixed assets28€220k-
Current assets29/58€146k€66k▼
Amounts receivable within one year40/41€146k€66k▼
Trade receivables40€97-
Other amounts receivable41€145k€66k▼
Cash at bank and in hand54/58€25-
Equity and liabilities
Total equity and liabilities10/49€365k€66k▼
Equity10/15€61k€58k▼
Contributions10/11€6k€6k=
Reserves13€22k€22k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€20k€20k=
Profit (loss) carried forward14€33k€30k▼
Amounts payable17/49€304k€8k▼
Amounts payable after more than one year17€300k-
Financial debts170/4€300k-
Amounts payable within one year42/48€4k€8k▲
Trade debts44€2k€6k▲
Suppliers440/4€2k€6k▲
Taxes, remuneration and social security45€2k€2k▼
Taxes450/3€2k€2k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€163-
Other operating charges640/8-€126
Gross operating margin9900€-3k€-3k▼
Operating profit (loss)9901€-3k€-3k▼
Financial income75/76B€12k-
Recurring financial income75€12k-
Financial charges65/66B€1k€93▼
Recurring financial charges65€1k€93▼
Profit (loss) for the period before taxes9903€8k€-3k▼
Income taxes67/77€2k-
Profit (loss) for the period9904€6k€-3k▼
Profit (loss) for the period to be appropriated9905€6k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€33k€30k▼
Profit (loss) brought forward from the previous period14P€28k€33k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 19current ratio 33.70
Current ratio from 1.78 to 33.70; short-term debt falls from €71k to €4k.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €16k ▲2.6%
Net result €16k, the highest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Brugge · 1 establishment unit since 2008
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.
Markgraafstraat 178310 BruggeGround area
2,188 m²
Building footprint
249 m²
Volume, LiDAR
1,266 m³
2 parcels, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TectoFly
since 20082.170.468.040
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31403G0265/00C000 | Flanders | 1,629 m² | 1 · 138 m² | 7.0 m · 2 fl. |
| 31029B0348/00L000 | Flanders | 559 m² | 1 · 111 m² | 8.3 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
OPHANIM HOLDINGS
BE 1009.012.608
Liège · Eq €56k
P-J Services
BE 0699.578.648
Rotselaar · Eq €60k
AOG4Jets
BE 0779.916.721
Beringen · Eq €46k
DEDIENNE AEROSPACE BELGIQUE
BE 1022.157.393
Fernelmont · Eq €43k
VOLANTES
BE 0794.860.461
Antwerpen · Eq €80k
Of 116 companies in sector 33160 we hold annual accounts for 55. 34 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 (pre-2019)
Founded29-04-2008
Fiscal year end31-12
Activities, NACEBEL 2025
33160Repair, maintenance and installation of machinery and equipment
52230Warehousing and support activities for transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:info@tectofly.be
E-mail:tectofly@scarlet.be
Phone:0475/92.63.32