Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Shrinking team NBB
FTE fell two years in a row, from 18.3 to 14.1.
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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2024
TECH-M from Nazareth-De Pinte, company number BE0728871361, closed financial year 2024 with a result of € -25,894 after tax. For that financial year TECH-M recorded revenue of € 3.5 million and equity of € 2.1 million. Compared with financial year 2023, the result moved from € 91,998 to € -25,894. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 25, 2025.
€ 2.1 million
▼ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -25,894
▼ still € 91,998 profit in 2023
Profit after tax over the fiscal year.
€ 97,013
▲ 13% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.1 million.
People and assets in 2024
14.1
▼ 2.5 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1 million
▼ 4% vs 2023
€ 72,200 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.
€ 15,901
▼ 49% vs 2023
Of which on lease € 6,295.
Debts at end 2024
€ 369,000
▼ 47% vs 2023
€ 108,000 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 250,787
▲ 43% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 185,053
▼ 2% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 3,471,081 | |
| Gross margin | € 1,963,732 | € 2,606,231 | € 1,520,452 | € 1,352,998 | ▼ 11% |
| Profit after taxes | € 674,999 | € 858,858 | € 91,998 | € -25,894 | ▼ € 117,893 |
| Equity | € 1,223,579 | € 2,082,437 | € 2,174,435 | € 2,148,541 | ▼ 1% |
| Total debts | € 1,052,417 | € 1,199,969 | € 1,054,630 | € 850,339 | ▼ 19% |
| Cash | € 220,357 | € 481,848 | € 85,740 | € 97,013 | ▲ 13% |
| Retained profit | € 1,203,579 | € 2,062,437 | € 2,154,435 | € 2,128,541 | ▼ 1% |
| Bank debt | € 601,800 | € 940,000 | € 690,000 | € 369,000 | ▼ 47% |
| Balance sheet total | € 2,275,996 | € 3,282,406 | € 3,229,065 | € 2,998,880 | ▼ 7% |
| Employees (FTE) | 13.3 | 18.3 | 16.6 | 14.1 | ▼ 2.5 |
Key figures of TECH-M, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to TECH-M?
What happened at TECH-M in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 25,894 (▼ € 117,893 vs 2023). filed late Source: NBB ↗
- Inconate BV became a director. NBB
- ddOPS BV became a director. NBB
- Reavest BV became a director. NBB
- New establishment in Nazareth-De Pinte. KBO
- Start of the company according to the CBE. KBO
In short
From € 674,999 profit in 2021 to € 25,894 loss in 2024.
Paid € 562,184 in corporate taxes since 2021.
Best year ever: 2022, with € 858,858 profit.
On average € 96,000 of value added per employee in 2024.
Management
Behind TECH-M are Inconate BV, ddOPS BV and Reavest BV. The shares are held by Suplusco Holding (100%).
Directors
According to the 2024 annual accounts
since 2023
Director · represented by Joeri De Vriesere
Also active at: MARELEC FOOD TECHNOLOGIES PROJECTS, MARELEC FOOD TECHNOLOGIES, MARELEC DISTRIBUTION
since 2023
since 2023
Shareholders
Suplusco Holding
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rozenstraat 9A
9810 Nazareth-De Pinte
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0728.871.361
- VAT number
- BE 0728.871.361
- Registered office
- Rozenstraat 9A, 9810 Nazareth-De Pinte
- Names & denominations
- TECH-M
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 June 2019
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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