Financials
Financial year 2025
TECH EUROPE from Turnhout, company number BE0428545604, closed financial year 2025 with a result of € 332,022 after tax. For that financial year TECH EUROPE recorded revenue of € 14.4 million and equity of € 2.5 million. Compared with financial year 2024, the result moved from € 660,133 to € 332,022. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 18, 2026.
€ 2.5 million
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 332,022
▼ 50% vs 2024
Profit after tax over the fiscal year.
€ 1.2 million
▼ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.2 million.
People and assets in 2025
18.3
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.3 million
▲ 29% vs 2024
€ 126,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 14,173
▲ 11% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 500,000
▼ 39% vs 2024
Loans from banks and other lenders, long and short.
€ 2.6 million
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 82 days on average.
€ 329,055
▲ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 13,622,255 | € 13,903,765 | € 14,648,583 | € 14,444,079 | ▼ 1% |
| Profit after taxes | € 337,833 | € 326,329 | € 660,133 | € 332,022 | ▼ 50% |
| Equity | € 1,227,049 | € 1,553,378 | € 2,213,511 | € 2,545,533 | ▲ 15% |
| Total debts | € 4,302,438 | € 3,825,872 | € 4,181,938 | € 3,538,324 | ▼ 15% |
| Cash | € 696,319 | € 1,096,119 | € 1,884,896 | € 1,169,814 | ▼ 38% |
| Land & buildings | € 106,466 | € 89,169 | € 71,873 | € 54,576 | ▼ 24% |
| Retained profit | € 836,617 | € 1,162,946 | € 1,823,079 | € 2,155,101 | ▲ 18% |
| Bank debt | € 1,310,989 | € 636,663 | € 823,695 | € 500,000 | ▼ 39% |
| Balance sheet total | € 5,529,487 | € 5,379,250 | € 6,395,449 | € 6,083,857 | ▼ 5% |
| Employees (FTE) | 16.8 | 17.1 | 17.9 | 18.3 | ▲ 0.4 |
Key figures of TECH EUROPE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to TECH EUROPE?
What happened at TECH EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 332,022 (▼ 50% vs 2024). filed late Source: NBB ↗
- Nicole B. Layne became a director. NBB
- Daniel G. Layne became a director. NBB
- Cheryl Poulton became a director. NBB
- New establishment in Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 337,833 profit in 2022 to € 332,022 profit in 2025.
Paid € 700,511 in corporate taxes since 2022.
Best year ever: 2024, with € 660,133 profit.
Pays suppliers within 82 days on average.
Management
Behind TECH EUROPE are Nicole B. Layne, Daniel G. Layne and Cheryl Poulton. The shares are held by Technical Rubber Company (100%). It owns 100% of Day Technical Products Ltd itself.
Directors
According to the 2025 annual accounts
Nicole B. Layne
Director
since 2013
Daniel G. Layne
Director
since 2013
Cheryl Poulton
Director
since 1996
Shareholders
Technical Rubber Company
100%
Participations
Day Technical Products Ltd
100%
Establishments
Establishment units
Physical locations of this company
Koeybleuken 16
2300 Turnhout
Bremheidelaan 6
2300 Turnhout
Active since 10 March 1986
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0428.545.604
- VAT number
- BE 0428.545.604
- Registered office
- Koeybleuken 16, 2300 Turnhout
- Names & denominations
- TECH EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 March 1986
- Peppol
- Active · Active since 9 Jan 2026
- Activities · NACE
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