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 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TechNations from Izegem, company number BE1003511223, closed financial year 2025 with a result of € -684,221 after tax. For that financial year TechNations recorded a gross margin of € 164,946 and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 59,054 to € -684,221. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 24, 2026.
€ 1.8 million
▼ 28% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -684,221
▼ still € 59,054 profit in 2024
Profit after tax over the fiscal year.
€ 1,716
▼ € 509,616 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -625,167.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 4.6 million
▲ 106% vs 2024
Loans from banks and other lenders, long and short.
€ 633,333
▲ € 618,432 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,246
▲ 1% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -9,545 | € 164,946 | ▲ € 174,491 |
| Profit after taxes | € 59,054 | € -684,221 | ▼ € 743,276 |
| Equity | € 2,459,054 | € 1,774,833 | ▼ 28% |
| Total debts | € 2,343,176 | € 5,274,407 | ▲ 125% |
| Cash | € 511,332 | € 1,716 | ▼ € 509,616 |
| Land & buildings | € 2,766,338 | € 2,000,000 | ▼ 28% |
| Retained profit | € 59,054 | € -625,167 | ▼ € 684,221 |
| Bank debt | € 2,220,001 | € 4,562,789 | ▲ 106% |
| Balance sheet total | € 4,802,231 | € 7,049,240 | ▲ 47% |
Key figures of TechNations, fiscal years 2024 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 TechNations?
What happened at TechNations in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 684,221 (▼ € 743,276 vs 2024). filed late Source: NBB ↗
- New establishment in Roeselare. KBO
- Start of the company according to the CBE. KBO
- Creafim BV became a director. NBB
- Heem Invest BV became a director. NBB
In short
From € 59,054 profit in 2024 to € 684,221 loss in 2025.
Paid € 611 in corporate taxes since 2024.
Best year ever: 2024, with € 59,054 profit.
Management
The stake of HEEM INVEST, WIMEL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TechNationsBehind TechNations are Creafim BV and Heem Invest BV. The shares are held by HEEM INVEST (40%) and WIMEL (10%). It owns 100% of Soundman, 100% of CIRPRESS and 90% of Silent Materials itself.
Directors
According to the 2025 annual accounts
Director · represented by Deblauwe Wim
Also active at: Antwerps Octrooi- en Merkenbureau M.F.J. Bockstael - Bureau des Brevets et des Marques M.F.J. Bockstael, BAM BORMET, V.B.I., I.DEEDS, Theo Coertjens International, SUNDAY GROUP, Robur Capital, STACHEL +11 more
since 2023
Director · represented by Heemeryck Johan
Also active at: BUSINESS CENTER BRUGGE OOST, FLY OVER, 3D DOMESTIC PROJECTS, ANNA PAULOWNA, FLANDERS FIELD BUSINESS PARK, 6 STONES, BOEVERIE, EUROFRESHFOOD +11 more
since 2023
Shareholders
40%
10%
Participations
Establishments
Establishment units
Physical locations of this company
Leo Bekaertlaan 2
8870 Izegem
Beversesteenweg 618
8800 Roeselare
Active since 18 December 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1003.511.223
- VAT number
- BE 1003.511.223
- Registered office
- Leo Bekaertlaan 2, 8870 Izegem
- Names & denominations
- TechNations
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 2023
- Peppol
- Active · Active since 16 Jan 2024
- Activities · NACE
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