ACTIVE

TECHNOP

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Financial year 2025 · closed on 31/12/2025

Net result

96,6 k €

+147.0% YoY

Gross margin

1,3 M €

+9.7% YoY

Equity

2,2 M €

+4.5% YoY

Workforce

15,5 ETP

-90.7% YoY

What does TECHNOP do?

TECHNOP is a Public limited company incorporated in 1981. Its main activity is: Wholesale of electrical household appliances. Its registered office is in Destelbergen. It employs on average 15,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0421.826.076

Incorporation

04/08/1981

Legal form

Public limited company

Registered office

Dendermondesteenweg 335
9070 Destelbergen · FlandreSee on map

Contributed capital

100 000,00 €

Latest accounts

31/12/2025

Average workforce

15,5 ETP

Activities (NACE)

46432Wholesale of electrical household appliances· main 46433Wholesale of electrical household appliances 51473Air transport 47742Retail sale of medical and orthopaedic goods in specialised stores 47782Other retail sale of new goods in specialised stores 52485Warehousing and support activities for transportation

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,3 M €	+9.7%	1,2 M €	-8.6%	1,3 M €	-13.8%	1,6 M €	+19.1%	1,3 M €	+21.3%	1,1 M €	-35.4%	1,7 M €	-8.3%	1,8 M €	+23.3%	1,5 M €	-3.3%	1,5 M €	-2.7%	1,6 M €	-7.7%	1,7 M €	+19.8%	1,4 M €	+8.6%	1,3 M €	-11.2%	1,5 M €	-11.0%	1,6 M €	-10.9%	1,9 M €	+18.9%	1,6 M €	-3.2%	1,6 M €	-1.2%	1,6 M €
EBITDA	167,1 k €	+275%	-95,7 k €	-246%	-27,6 k €	-108%	359,8 k €	+26.8%	283,7 k €	+14.3%	248,3 k €	-48.8%	484,6 k €	-27.4%	667,9 k €	+151%	266,1 k €	-0.3%	266,9 k €	-13.5%	308,5 k €	-18.4%	378,3 k €	+229%	114,9 k €	-28.6%	160,9 k €	-63.0%	435,2 k €	-32.4%	643,9 k €	-11.4%	726,9 k €	+44.5%	503,1 k €	-19.6%	625,6 k €	-15.0%	736,2 k €
Operating result	58 k €	+129%	-202,2 k €	-82.7%	-110,6 k €	-137%	300,9 k €	+33.0%	226,3 k €	+9.4%	206,9 k €	-51.7%	428,8 k €	-28.2%	597 k €	+215%	189,7 k €	+4.9%	180,9 k €	-18.5%	221,8 k €	-23.7%	290,6 k €	+863%	30,2 k €	-61.9%	79,2 k €	-78.7%	371,7 k €	-37.3%	592,5 k €	-11.5%	669,6 k €	+61.3%	415,1 k €	-24.4%	549,3 k €	-17.7%	667,5 k €
Net result	96,6 k €	+147%	-205,5 k €	-157%	-80,1 k €	-146%	175,9 k €	+11.2%	158,2 k €	-5.0%	166,6 k €	-46.3%	310,4 k €	-15.1%	365,5 k €	+182%	129,7 k €	+50.8%	86 k €	-36.7%	135,9 k €	-23.6%	177,8 k €	+540%	27,8 k €	-63.2%	75,5 k €	-73.7%	287,7 k €	-33.5%	432,8 k €	-8.7%	473,9 k €	+45.7%	325,4 k €	-14.5%	380,7 k €	-13.4%	439,7 k €
Balance sheet
Equity	2,2 M €	+4.5%	2,1 M €	-8.8%	2,3 M €	-16.0%	2,8 M €	+1.7%	2,7 M €	-6.4%	2,9 M €	+6.0%	2,8 M €	+12.7%	2,5 M €	-28.6%	3,4 M €	+3.9%	3,3 M €	+2.7%	3,2 M €	+2.5%	3,1 M €	+86.7%	1,7 M €	-46.7%	3,2 M €	+1.6%	3,1 M €	-12.8%	3,6 M €	+8.6%	3,3 M €	+13.8%	2,9 M €	+9.5%	2,6 M €	+16.9%	2,2 M €
Total assets	3,3 M €	+9.7%	3 M €	-13.1%	3,4 M €	-24.1%	4,5 M €	+21.3%	3,7 M €	+2.7%	3,6 M €	-13.9%	4,2 M €	+22.9%	3,4 M €	-20.5%	4,3 M €	+5.5%	4,1 M €	-0.3%	4,1 M €	-1.2%	4,2 M €	+0.5%	4,1 M €	+5.0%	3,9 M €	-0.3%	3,9 M €	-8.9%	4,3 M €	+4.5%	4,1 M €	+11.2%	3,7 M €	+4.9%	3,5 M €	+4.9%	3,4 M €
Cash	72,4 k €	+28.3%	56,4 k €	-63.2%	153,2 k €	-65.6%	446 k €	-17.2%	538,7 k €	-35.4%	834,1 k €	+1.0%	826,1 k €	+125%	367,4 k €	+17.1%	313,7 k €	+39.8%	224,3 k €	-51.3%	460,7 k €	-32.5%	682,5 k €	-49.4%	1,3 M €	+46.2%	922,1 k €	+363%	199,3 k €	-90.8%	2,2 M €	+26.1%	1,7 M €	+18.4%	1,5 M €	+9.1%	1,3 M €	+22.6%	1,1 M €
Debts	1 M €	+23.0%	844,5 k €	-22.2%	1,1 M €	-37.3%	1,7 M €	+76.1%	983,8 k €	+41.1%	697,1 k €	-51.9%	1,4 M €	+49.2%	970,9 k €	+11.7%	868,9 k €	+13.1%	768 k €	-11.9%	871,4 k €	-12.1%	991 k €	-59.3%	2,4 M €	+219%	761,9 k €	-7.3%	822,3 k €	+11.4%	738,3 k €	-6.1%	786,2 k €	-4.3%	821,2 k €	-8.9%	901,1 k €	-19.4%	1,1 M €
Other
Workforce	15,5 ETP	-90.7%	166,6 ETP	+759%	19,4 ETP	+4.3%	18,6 ETP	+5.7%	17,6 ETP	-0.6%	17,7 ETP	-3.8%	18,4 ETP	-6.6%	19,7 ETP	-6.2%	21,0 ETP	-10.6%	23,5 ETP	0.0%	23,5 ETP	+9.3%	21,5 ETP	+0.5%	21,4 ETP	+0.5%	21,3 ETP	+7.0%	19,9 ETP	+1.5%	19,6 ETP	-6.2%	20,9 ETP	+1.5%	20,6 ETP	+6.7%	19,3 ETP	-2.5%	19,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Inge De Muynck

Managing director

Active

Joost De Muynck

Managing director

Active

Ended mandates

Ann De Muynck

Director

Ended

De Muynck Jozef

Director · until 30 novembre 2019

Ended

De Muynck Jozef

Director

Ended

Joost De Muynck

Director

Ended

At this address

Other companies at this address

Company	CBE no.
BTWE TECHJOIN● Active	0792.581.852
Joinop● Active	0692.777.859

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/07/2026	17/07/2025	19/07/2024	20/07/2023	15/07/2022	30/08/2021
General meeting	25/06/2026	26/06/2025	27/06/2024	07/07/2023	27/06/2022	16/08/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	25/06/2026	09/07/2026	Dutch	PDF
Abridged model	31/12/2024	26/06/2025	17/07/2025	Dutch	PDF
Abridged model	31/12/2023	27/06/2024	19/07/2024	Dutch	PDF
Abridged model	31/12/2022	07/07/2023	20/07/2023	Dutch	PDF
Abridged model	31/12/2021	27/06/2022	15/07/2022	Dutch	PDF
Abridged model	31/12/2020	16/08/2021	30/08/2021	Dutch	PDF
Abridged model	31/12/2019	10/08/2020	31/08/2020	Dutch	PDF
Abridged model	31/12/2018	19/08/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	13/08/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	10/08/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	23/08/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	13/08/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	18/08/2014	26/08/2014	Dutch	PDF
Abridged model	31/12/2012	06/08/2013	26/08/2013	Dutch	PDF
Abridged model	31/12/2011	20/08/2012	29/08/2012	Dutch	PDF
Abridged model	31/12/2010	26/08/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	13/07/2010	14/07/2010	Dutch	PDF
Abridged model	31/12/2008	27/08/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	09/07/2008	29/07/2008	Dutch	PDF
Abridged model	31/12/2006	07/06/2007	29/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Inge De Muynck

Managing director

Active

Joost De Muynck

Managing director

Active

Ended mandates

Ann De Muynck

Director

Ended

De Muynck Jozef

Director · until 30 novembre 2019

Ended

De Muynck Jozef

Director

Ended

Joost De Muynck

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other05/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - DIVERSEN - DOEL
PDF
Mandates05/10/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/01/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/11/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares14/03/2018
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates05/11/2015
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares14/02/2014
KAPITAAL - AANDELEN
PDF
Capital / shares08/02/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202596,6 k €↑
2024
Annual accounts 2024-205,5 k €↓
2023
Annual accounts 2023-80,1 k €↓
2022
Annual accounts 2022175,9 k €↑
2021
Annual accounts 2021158,2 k €↓
2021
Name changeTECHNOP
2020
Annual accounts 2020166,6 k €↓
2019
Annual accounts 2019310,4 k €↓
2018
Annual accounts 2018365,5 k €↑
2017
Annual accounts 2017129,7 k €↑
2016
Annual accounts 201686 k €↓
2015
Annual accounts 2015135,9 k €↓
2014
Annual accounts 2014177,8 k €↑
2013
Annual accounts 201327,8 k €↓
2012
Annual accounts 201275,5 k €↓
2011
Annual accounts 2011287,7 k €↓
2010
Annual accounts 2010432,8 k €↓
2009
Annual accounts 2009473,9 k €↑
2008
Annual accounts 2008325,4 k €↓
2007
Annual accounts 2007380,7 k €↓
2006
Annual accounts 2006439,7 k €
2006
Name changeTechnical Optics International
04/08/1981
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

TECHNOP

Overview

What does TECHNOP do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline