What does TECHNICEL do?

TECHNICEL is a wholesaler in Westerlo. Public Limited, started on 22 November 2005, 10 establishments.

What is the address of TECHNICEL?

The registered office of TECHNICEL is located at Zone Reme 4, 2260 Westerlo.

Is TECHNICEL still active?

Yes. According to the CBE (29 October 2026) TECHNICEL is active, legal situation “Normale toestand”, started on 22 November 2005.

Is TECHNICEL registered on Peppol?

Yes, TECHNICEL is registered on the Peppol network with ID 0208:0877400632.

What is the enterprise number of TECHNICEL?

The enterprise number of TECHNICEL is BE0877400632.

When was TECHNICEL founded?

TECHNICEL was founded on 22 November 2005.

Who are the directors of TECHNICEL?

According to the 2025 annual accounts, the directors of TECHNICEL are: Suelo BV, JC WIBO NV, SOFOS BV, Jeni Invest NV, Katharo BV, J. Verfaellie BV.

Is TECHNICEL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 22 November 2005; 5 annual accounts filed, latest fiscal year 2025; 6 directors known from the annual account; 10 establishments in the CBE.

How much profit did TECHNICEL make in 2025?

TECHNICEL posted a profit after taxes of € 296,470 in financial year 2025.

What is the revenue of TECHNICEL?

In its most recent annual accounts (2025), TECHNICEL reported revenue of € 12,234,085.

How much does an employee at TECHNICEL earn?

The average wage cost per full-time employee at TECHNICEL was € 89,200 in 2025: staff costs of € 2.4 million for 26.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does TECHNICEL have?

According to the 2025 annual accounts, TECHNICEL has 26.5 full-time equivalents (FTE).

Does TECHNICEL have a website?

Yes, TECHNICEL has a website at technicel.com.

TECHNICEL (Public Limited) - Westerlo - BE0877400632

Dossier TECHNICEL, printed on 29 October 2026 from databakkes.be/en/0877400632/technicel. 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 43 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

TECHNICEL from Westerlo, company number BE0877400632, closed financial year 2025 with a result of € 296,470 after tax. For that financial year TECHNICEL recorded revenue of € 12.2 million and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 169,993 to € 296,470. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.

What it is worth Healthy

€ 1.3 million

▼ 23% vs 2024

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

Profit Growing

€ 296,470

▲ 74% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 670,380

▲ 125% vs 2024

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

Where the profit goes Pays out

€ 700,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

26.5

▲ 2.1 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: € 2.3 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 2.4 million

▲ 8% vs 2024

€ 89,200 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

€ 415,563

▼ 1% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 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.

€ 3.4 million

▲ 4% vs 2024

€ 332,776 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 134,634

▼ 34% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 6 days on average.

Taxes and wages

€ 466,449

▲ 11% 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	€ 11,741,311 Revenue 2022: € 11,741,311 First fiscal year in the series	€ 11,183,769 Revenue 2023: € 11,183,769 ▼ 5% vs 2022 (€ 11,741,311) Unfavourable step	€ 11,540,488 Revenue 2024: € 11,540,488 ▲ 3% vs 2023 (€ 11,183,769) Favourable step	€ 12,234,085 Revenue 2025: € 12,234,085 ▲ 6% vs 2024 (€ 11,540,488) Favourable step	▲ 6%
Profit after taxes	€ 1,120,101 Profit after taxes 2022: € 1,120,101 First fiscal year in the series	€ 578,773 Profit after taxes 2023: € 578,773 ▼ 48% vs 2022 (€ 1,120,101) Unfavourable step	€ 169,993 Profit after taxes 2024: € 169,993 ▼ 71% vs 2023 (€ 578,773) Unfavourable step	€ 296,470 Profit after taxes 2025: € 296,470 ▲ 74% vs 2024 (€ 169,993) Favourable step	▲ 74%
Equity	€ 2,385,713 Equity 2022: € 2,385,713 First fiscal year in the series	€ 2,264,487 Equity 2023: € 2,264,487 ▼ 5% vs 2022 (€ 2,385,713) Unfavourable step	€ 1,734,480 Equity 2024: € 1,734,480 ▼ 23% vs 2023 (€ 2,264,487) Unfavourable step	€ 1,330,949 Equity 2025: € 1,330,949 ▼ 23% vs 2024 (€ 1,734,480) Unfavourable step	▼ 23%
Total debts	€ 2,901,421 Total debts 2022: € 2,901,421 First fiscal year in the series	€ 3,265,832 Total debts 2023: € 3,265,832 ▲ 13% vs 2022 (€ 2,901,421) Unfavourable step	€ 4,798,919 Total debts 2024: € 4,798,919 ▲ 47% vs 2023 (€ 3,265,832) Unfavourable step	€ 4,911,052 Total debts 2025: € 4,911,052 ▲ 2% vs 2024 (€ 4,798,919) Unfavourable step	▲ 2%
Cash	€ 434,463 Cash 2022: € 434,463 First fiscal year in the series	€ 420,848 Cash 2023: € 420,848 ▼ 3% vs 2022 (€ 434,463) Unfavourable step	€ 297,572 Cash 2024: € 297,572 ▼ 29% vs 2023 (€ 420,848) Unfavourable step	€ 670,380 Cash 2025: € 670,380 ▲ 125% vs 2024 (€ 297,572) Favourable step	▲ 125%
Land & buildings	€ 284,303 Land & buildings 2022: € 284,303 First fiscal year in the series	€ 188,255 Land & buildings 2023: € 188,255 ▼ 34% vs 2022 (€ 284,303) Unchanged	€ 135,586 Land & buildings 2024: € 135,586 ▼ 28% vs 2023 (€ 188,255) Unchanged	€ 102,739 Land & buildings 2025: € 102,739 ▼ 24% vs 2024 (€ 135,586) Unchanged	▼ 24%
Retained profit	€ 2,324,213 Retained profit 2022: € 2,324,213 First fiscal year in the series	€ 2,202,987 Retained profit 2023: € 2,202,987 ▼ 5% vs 2022 (€ 2,324,213) Unfavourable step	€ 1,672,980 Retained profit 2024: € 1,672,980 ▼ 24% vs 2023 (€ 2,202,987) Unfavourable step	€ 1,269,449 Retained profit 2025: € 1,269,449 ▼ 24% vs 2024 (€ 1,672,980) Unfavourable step	▼ 24%
Dividend	€ 700,000 Dividend 2022: € 700,000 First fiscal year in the series	€ 700,000 Dividend 2023: € 700,000 Unchanged (€ 700,000) Unchanged	€ 700,000 Dividend 2024: € 700,000 Unchanged (€ 700,000) Unchanged	€ 700,000 Dividend 2025: € 700,000 Unchanged (€ 700,000) Unchanged
Bank debt	€ 1,683,652 Bank debt 2022: € 1,683,652 First fiscal year in the series	€ 1,795,611 Bank debt 2023: € 1,795,611 ▲ 7% vs 2022 (€ 1,683,652) Unfavourable step	€ 3,298,742 Bank debt 2024: € 3,298,742 ▲ 84% vs 2023 (€ 1,795,611) Unfavourable step	€ 3,434,970 Bank debt 2025: € 3,434,970 ▲ 4% vs 2024 (€ 3,298,742) Unfavourable step	▲ 4%
Balance sheet total	€ 5,287,134 Balance sheet total 2022: € 5,287,134 First fiscal year in the series	€ 5,530,319 Balance sheet total 2023: € 5,530,319 ▲ 5% vs 2022 (€ 5,287,134) Unchanged	€ 6,533,399 Balance sheet total 2024: € 6,533,399 ▲ 18% vs 2023 (€ 5,530,319) Unchanged	€ 6,242,002 Balance sheet total 2025: € 6,242,002 ▼ 4% vs 2024 (€ 6,533,399) Unchanged	▼ 4%
Employees (FTE)	20.8 Employees (FTE) 2022: 20.8 First fiscal year in the series	20.9 Employees (FTE) 2023: 20.9 ▲ 0.1 vs 2022 (20.8) Unchanged	24.4 Employees (FTE) 2024: 24.4 ▲ 3.5 vs 2023 (20.9) Unchanged	26.5 Employees (FTE) 2025: 26.5 ▲ 2.1 vs 2024 (24.4) Unchanged	▲ 2.1

Key figures of TECHNICEL, 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 TECHNICEL?

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

2027 Suelo BV stepped down as director. NBB
2027 JC WIBO NV stepped down as director. NBB
2027 SOFOS BV stepped down as director. NBB
2027 Jeni Invest NV stepped down as director. NBB
2027 Katharo BV stepped down as director. NBB
2027 J. Verfaellie BV stepped down as director. NBB
Jun 8, 2026 New annual accounts for financial year 2025: profit of € 296,470 (▲ 74% vs 2024). Source: NBB ↗
Oct 24, 2024 New establishment in Ternat. KBO

In short

From € 1.1 million profit in 2022 to € 296,470 profit in 2025.

Paid € 825,744 in corporate taxes since 2022.

Best year ever: 2022, with € 1.1 million profit.

Paid out € 2.8 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

SUELO 100%

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

TECHNICEL

The shares are held by SUELO (100%).

Directors

According to the 2025 annual accounts

Suelo BV

Director · represented by Karel Laroy

since 2021 · until 2027

JC WIBO NV

Director · represented by Jean-Charles Wibo

Also active at: Ateliers Vlassenroot, DESCAR, ALLBOX, VERKOOPKANTOOR ALLBOX EN DESOUTER, ALLBOX EMBALLAGES, COLLINET-ASSAINISSEMENT - COLLINET-WATERZUIVERING, DOMS, DELTA EXTINCTORS +14 more

since 2021 · until 2027

SOFOS BV

Managing director · represented by Kurt Maes

Also active at: BAUPRO, SUELO

since 2021 · until 2027

Jeni Invest NV

Director · represented by Geert Van Stappen

Also active at: Cobresco, Cool-Cuyvers, BUILDMAT INVEST, ALL-WOOD TRADING, COLLINET-ASSAINISSEMENT - COLLINET-WATERZUIVERING, DOMS, MAVIBO, JENI HOLDING +30 more

since 2021 · until 2027

Katharo BV

Director · represented by Karen Steurs

Also active at: SUELO

since 2021 · until 2027

J. Verfaellie BV

Director · represented by Jo Verfaellie

Also active at: BUILDMAT INVEST, COLLINET-ASSAINISSEMENT - COLLINET-WATERZUIVERING, DOMS, FOYLO, L&S TOP SOLUTIONS, Best Fence Products, OUTILAC – DE MUNTER, SUELO +5 more

since 2021 · until 2027

Shareholders

SUELO

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Zone Reme 4

2260 Westerlo

2.220.078.986

Dirk Martensstraat 2 box 2

8200 Brugge

Active since 1 July 2013

2.234.046.887

Esserstraat(Z) 2 box 3

8550 Zwevegem

Active since 29 August 2014

2.259.197.603

Oeverstraat 19A

9160 Lokeren

Active since 2 January 2017

2.289.117.054

Energielaan 4

2960 Brecht

Active since 20 May 2019

2.299.078.459

Geelseweg(HRT) 9 box D

2200 Herentals

Active since 17 February 2020

2.335.722.584

Industrieweg 18A/0001 box 5

9032 Gent

Active since 24 September 2022

2.351.924.356

Genkersteenweg 311C

3500 Hasselt

Active since 20 November 2023

2.354.516.236

Parc Ind. des Hauts Sarts, 2e av 24 box Technicel

4040 Herstal

Active since 18 January 2024

2.365.150.703

Steenkappersstraat 74

1740 Ternat

Active since 24 October 2024

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

Website

HTTPS technicel.com

Canonical: https://www.technicel.com/

Technologies

Cloudflare CDNJSCookie ConsentFacebook PixelFont AwesomeGoogle FontsGoogle Tag ManagerGravity FormsHubSpot MarketingMoment.jsNginxPHPSlickWPMLWordPressYoast SEOiubendajQueryjQuery UI

Certifications & Partners

FEB/VBO

Hosting & Email

Email provider

Microsoft 365

Hosting

COMBELL-AS, BE

Domain

technicel.com

Registered

2005-12-13

Registrar

Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA

Expires

2026-12-13

Website info

HTTPS Ja

Languages NL

Features

Webshop Ads

Security

✓ HTTPS

✓ SPF

✓ DMARC

Details

Company number

0877.400.632

VAT number

BE 0877.400.632

Registered office

Zone Reme 4, 2260 Westerlo

Names & denominations

TECHNICEL

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

22 November 2005

Peppol

Active · Active since 17 Sept 2025

Contact

technicel.com 014 85 07 65

Activities · NACE

Groothandel in bouwmaterialen, algemeen assortiment

Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair

Bouw van autowegen en andere wegen

Overige gespecialiseerde bouwactiviteiten, neg

Plaatsen van vloer- en wandtegels

Bouw van autowegen en andere wegen, vliegvelden en sportfaciliteiten

Overige gespecialiseerde werkzaamheden in de bouw

Overige gespecialiseerde bouwwerkzaamheden

View on CBE Public ↗ Annual accounts (NBB) ↗

TECHNICEL

Warning lights

Financials

What happened to TECHNICEL?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Website

Technologies

Certifications & Partners

Hosting & Email

Domain

Website info

Features

Security

Details

Frequently asked questions