What does TECONEX do?

TECONEX is a wholesaler in Beyne-Heusay. Public Limited, started on 6 October 1986, 1 establishment.

What is the address of TECONEX?

The registered office of TECONEX is located at Rue de Magnée 108, 4610 Beyne-Heusay.

Is TECONEX still active?

Yes. According to the CBE (29 October 2026) TECONEX is active, legal situation “Normale toestand”, started on 6 October 1986.

Is TECONEX registered on Peppol?

Yes, TECONEX is registered on the Peppol network with ID 0208:0429524116.

What is the enterprise number of TECONEX?

The enterprise number of TECONEX is BE0429524116.

When was TECONEX founded?

TECONEX was founded on 6 October 1986.

Who are the directors of TECONEX?

According to the 2025 annual accounts, the directors of TECONEX are: WATCHCO SA, VELEC BV.

Is TECONEX a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 6 October 1986; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did TECONEX make in 2025?

TECONEX posted a profit after taxes of € 767,371 in financial year 2025.

What is the revenue of TECONEX?

In its most recent annual accounts (2025), TECONEX reported revenue of € 37,569,943.

How much does an employee at TECONEX earn?

The average wage cost per full-time employee at TECONEX was € 76,200 in 2025: staff costs of € 6.2 million for 80.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does TECONEX have?

According to the 2025 annual accounts, TECONEX has 80.7 full-time equivalents (FTE).

TECONEX (Public Limited) - Beyne-Heusay - BE0429524116

Dossier TECONEX, printed on 29 October 2026 from databakkes.be/en/0429524116/teconex. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 52 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

TECONEX from Beyne-Heusay, company number BE0429524116, closed financial year 2025 with a result of € 767,371 after tax. For that financial year TECONEX recorded revenue of € 37.6 million and equity of € 8 million. Compared with financial year 2024, the result moved from € 593,684 to € 767,371. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2026.

What it is worth Growing

€ 8 million

▲ 11% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 767,371

▲ 29% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 352,380

▼ 39% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 7.9 million.

People and assets in 2025

Full-time equivalents

80.7

▲ 1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 3.8 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 6.2 million

▲ 8% vs 2024

€ 76,200 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.

Vehicles and equipment

€ 588,214

▼ 9% vs 2024

Of which on lease € 112,059.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 6.4 million

€ 335,382 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 6.8 million

▲ 6% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 84 days on average.

Taxes and wages

€ 1.6 million

▲ 27% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 37,007,310 Revenue 2022: € 37,007,310 First fiscal year in the series	€ 40,098,689 Revenue 2023: € 40,098,689 ▲ 8% vs 2022 (€ 37,007,310) Favourable step	€ 35,657,893 Revenue 2024: € 35,657,893 ▼ 11% vs 2023 (€ 40,098,689) Unfavourable step	€ 37,569,943 Revenue 2025: € 37,569,943 ▲ 5% vs 2024 (€ 35,657,893) Favourable step	▲ 5%
Profit after taxes	€ -775,995 Profit after taxes 2022: € -775,995 First fiscal year in the series	€ 236,738 Profit after taxes 2023: € 236,738 ▲ € 1 million vs 2022 (€ -775,995) Favourable step	€ 593,684 Profit after taxes 2024: € 593,684 ▲ 151% vs 2023 (€ 236,738) Favourable step	€ 767,371 Profit after taxes 2025: € 767,371 ▲ 29% vs 2024 (€ 593,684) Favourable step	▲ 29%
Equity	€ 6,366,674 Equity 2022: € 6,366,674 First fiscal year in the series	€ 6,603,412 Equity 2023: € 6,603,412 ▲ 4% vs 2022 (€ 6,366,674) Favourable step	€ 7,197,096 Equity 2024: € 7,197,096 ▲ 9% vs 2023 (€ 6,603,412) Favourable step	€ 7,964,467 Equity 2025: € 7,964,467 ▲ 11% vs 2024 (€ 7,197,096) Favourable step	▲ 11%
Total debts	€ 14,587,365 Total debts 2022: € 14,587,365 First fiscal year in the series	€ 14,572,533 Total debts 2023: € 14,572,533 Unchanged (€ 14,587,365) Favourable step	€ 14,901,760 Total debts 2024: € 14,901,760 ▲ 2% vs 2023 (€ 14,572,533) Unfavourable step	€ 15,161,284 Total debts 2025: € 15,161,284 ▲ 2% vs 2024 (€ 14,901,760) Unfavourable step	▲ 2%
Cash	€ 523,756 Cash 2022: € 523,756 First fiscal year in the series	€ 468,934 Cash 2023: € 468,934 ▼ 10% vs 2022 (€ 523,756) Unfavourable step	€ 580,104 Cash 2024: € 580,104 ▲ 24% vs 2023 (€ 468,934) Favourable step	€ 352,380 Cash 2025: € 352,380 ▼ 39% vs 2024 (€ 580,104) Unfavourable step	▼ 39%
Land & buildings	€ 413,812 Land & buildings 2022: € 413,812 First fiscal year in the series	€ 395,745 Land & buildings 2023: € 395,745 ▼ 4% vs 2022 (€ 413,812) Unchanged	€ 377,742 Land & buildings 2024: € 377,742 ▼ 5% vs 2023 (€ 395,745) Unchanged	€ 359,779 Land & buildings 2025: € 359,779 ▼ 5% vs 2024 (€ 377,742) Unchanged	▼ 5%
Retained profit	€ 6,253,734 Retained profit 2022: € 6,253,734 First fiscal year in the series	€ 6,490,472 Retained profit 2023: € 6,490,472 ▲ 4% vs 2022 (€ 6,253,734) Favourable step	€ 7,084,156 Retained profit 2024: € 7,084,156 ▲ 9% vs 2023 (€ 6,490,472) Favourable step	€ 7,851,527 Retained profit 2025: € 7,851,527 ▲ 11% vs 2024 (€ 7,084,156) Favourable step	▲ 11%
Bank debt	€ 6,349,639 Bank debt 2022: € 6,349,639 First fiscal year in the series	€ 5,856,520 Bank debt 2023: € 5,856,520 ▼ 8% vs 2022 (€ 6,349,639) Favourable step	€ 6,385,647 Bank debt 2024: € 6,385,647 ▲ 9% vs 2023 (€ 5,856,520) Unfavourable step	€ 6,362,858 Bank debt 2025: € 6,362,858 Unchanged (€ 6,385,647) Favourable step
Balance sheet total	€ 21,050,633 Balance sheet total 2022: € 21,050,633 First fiscal year in the series	€ 21,250,986 Balance sheet total 2023: € 21,250,986 ▲ 1% vs 2022 (€ 21,050,633) Unchanged	€ 22,168,695 Balance sheet total 2024: € 22,168,695 ▲ 4% vs 2023 (€ 21,250,986) Unchanged	€ 23,197,310 Balance sheet total 2025: € 23,197,310 ▲ 5% vs 2024 (€ 22,168,695) Unchanged	▲ 5%
Employees (FTE)	84.8 Employees (FTE) 2022: 84.8 First fiscal year in the series	79.1 Employees (FTE) 2023: 79.1 ▼ 5.7 vs 2022 (84.8) Unchanged	79.7 Employees (FTE) 2024: 79.7 ▲ 0.6 vs 2023 (79.1) Unchanged	80.7 Employees (FTE) 2025: 80.7 ▲ 1 vs 2024 (79.7) Unchanged	▲ 1

Key figures of TECONEX, 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 TECONEX?

What happened at TECONEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 17, 2026 New annual accounts for financial year 2025: profit of € 767,371 (▲ 29% vs 2024). Source: NBB ↗
2026 WATCHCO SA stepped down as director. NBB
2026 VELEC BV stepped down as director. NBB
2020 WATCHCO SA became a director. NBB
2020 VELEC BV became a director. NBB
Oct 17, 1986 New establishment in Beyne-Heusay. KBO
Oct 6, 1986 Start of the company according to the CBE. KBO

In short

From € 775,995 loss in 2022 to € 767,371 profit in 2025.

Paid € 423,770 in corporate taxes since 2022.

Best year ever: 2025, with € 767,371 profit.

Pays suppliers within 84 days on average.

Original PDFs at the National Bank ↗

Management

VELEC 99.8%

Téco Holding 0%

The stake of VELEC, Téco Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

TECONEX

TECONEX GmbH 100%

The shares are held by VELEC (99.8%) and Téco Holding (0%). It owns 100% of TECONEX GmbH itself.

Directors

According to the 2025 annual accounts

WATCHCO SA

Director · represented by Hans Vanoorbeek

Also active at: MATCO, Induflex, Téco Holding

since 2020 · until 2026

VELEC BV

Managing director · represented by ANDRE BOUFFIOUX

since 2020 · until 2026

Shareholders

VELEC

99.8%

Téco Holding

Participations

TECONEX GmbH

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de Magnée 108

4610 Beyne-Heusay

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

Téco Holding same network

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0429.524.116

VAT number

BE 0429.524.116

Registered office

Rue de Magnée 108, 4610 Beyne-Heusay

Names & denominations

TECONEX

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

6 October 1986

Peppol

Active · Active since 4 Dec 2025

Activities · NACE

Groothandel in elektrisch materiaal, inclusief installatiemateriaal

Groothandel in elektrisch materiaal inclusief installatiemateriaal

Vervaardiging van andere elektrische apparatuur

Vervaardiging van elektromagnetisch materiaal voor industriële doeleinden

View on CBE Public ↗ Annual accounts (NBB) ↗

TECONEX

Warning lights

Financials

What happened to TECONEX?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions