ACTIVE

TECHNORD BELGIUM

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Financial year 2025 · closed on 31/12/2025
Net result
5,5 M €
+119.7% YoY
Revenue
97,2 M €
+20.5% YoY
Equity
9,8 M €
+44.5% YoY
Workforce
304,4 ETP
+9.2% YoY

What does TECHNORD BELGIUM do?

TECHNORD BELGIUM is a Public limited company incorporated in 1990. Its main activity is: Installation of industrial machinery and equipment. Its registered office is in Tournai. It employs on average 304,4 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0441.391.372
Incorporation
12/07/1990
Legal form
Public limited company
Registered office
Rue de la Lys(TOU) 21
7500 Tournai · WallonieSee on map
Contributed capital
1 950 481,28 €
Latest accounts
31/12/2025
Average workforce
304,4 ETP
Activities (NACE)
33200Installation of industrial machinery and equipment· main33200Installation of industrial machinery and equipment43240Electrical, plumbing and other construction installation activities43299Other construction installation45340Sale of motor vehicle parts and accessories37000Sewerage+2
Joint committees (4)
  • 14901
  • 200
  • 209
  • 218
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202018201720162015201420132012201120102009200820072006
Income statement
Revenue97,2 M €80,7 M €82,9 M €78 M €–59,3 M €53 M €30,1 M €42,6 M €52,3 M €43,3 M €35,1 M €67,1 M €35,3 M €35,1 M €40 M €49,1 M €33,3 M €23,7 M €
EBITDA9,4 M €4,7 M €4,5 M €10,9 M €–2,7 M €3,1 M €2,7 M €2,4 M €955,1 k €8,9 M €898,7 k €3,4 M €3,5 M €3,3 M €6 M €1 M €1,2 M €704,6 k €
Operating result7,9 M €3,8 M €3,4 M €10 M €–576,4 k €2,3 M €1,9 M €1,5 M €221,7 k €7,9 M €318,5 k €2,7 M €3,2 M €2,8 M €5,7 M €369,9 k €809,8 k €282,7 k €
Net result5,5 M €2,5 M €1,8 M €7,7 M €–250,1 k €1,4 M €846,6 k €872,2 k €85,3 k €5,1 M €65,1 k €1,9 M €1,9 M €1,9 M €3,9 M €361,9 k €624,4 k €360,5 k €
Balance sheet
Equity9,8 M €6,8 M €6,8 M €7,9 M €–6,4 M €7,3 M €5,1 M €5,8 M €4,9 M €4,8 M €4 M €3,9 M €3,5 M €2,9 M €4,8 M €4,5 M €4,2 M €3,6 M €
Total assets51,4 M €48,6 M €42,4 M €47,2 M €–65,1 M €67,5 M €51,1 M €40,9 M €45,8 M €65,5 M €54,6 M €41,8 M €48 M €38,8 M €41,8 M €55,3 M €30,9 M €20,5 M €
Cash8,4 M €6,1 M €2,9 M €3,9 M €–11,8 M €1,9 M €1,2 M €4,5 M €2,8 M €3,4 M €901,4 k €744,2 k €1,6 M €3,4 M €2,7 M €7,9 M €746,4 k €507,6 k €
Debts40,6 M €41,3 M €34,5 M €38,3 M €–57 M €60 M €45,6 M €34,7 M €40,3 M €60,3 M €50 M €36,9 M €43,7 M €35,3 M €35,7 M €50,3 M €26,6 M €16,7 M €
Other
Workforce304,4 ETP278,7 ETP266,9 ETP254,7 ETP–248,0 ETP183,4 ETP178,2 ETP181,8 ETP187,3 ETP204,4 ETP192,7 ETP189,8 ETP186,8 ETP194,4 ETP195,9 ETP185,4 ETP179,3 ETP177,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 35 ended

Active mandates

Philippe FOUCART

Director · since 06 décembre 2022 · until 06 décembre 2028

Active

Ended mandates

Bénédicte FOUCART

Director · since 09 juin 2020 · until 09 juin 2026

Ended
Michel FOUCART

Chairman of the board of directors · since 09 juin 2020 · until 09 juin 2026

Ended
Michel FOUCART

Director · since 09 juin 2020 · until 09 juin 2026

Ended
Philippe FOUCART

Chairman of the board of directors · since 09 juin 2020 · until 09 juin 2026

Ended
At this address

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0695.605.212
NETIKA INVEST● Active
0459.328.157
Société Simple Johnson - Technord● Active
1032.817.297
TECH-HOLDING● Active
0430.242.411
TECH-IMMO● Active
0441.391.570
Technord Actionnariat Salarié● Active
1006.511.887
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/06/202624/06/202521/05/202427/06/202320/06/202224/06/2021
General meeting09/06/202610/06/202503/05/202413/06/202314/06/202208/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

24 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202509/06/202630/06/2026FrenchPDF
Full model31/12/202410/06/202524/06/2025FrenchPDF
Full model31/12/202303/05/202421/05/2024FrenchPDF
Full model31/12/202213/06/202327/06/2023FrenchPDF
Full modelCorrection31/12/202114/06/202220/06/2022FrenchPDF
Full model31/12/202114/06/202220/06/2022FrenchPDF
Full model31/12/202008/06/202124/06/2021FrenchPDF
Full model31/12/201909/06/202021/08/2020FrenchPDF
Full model31/12/201811/06/201909/07/2019FrenchPDF
Full model30/09/201713/02/201811/04/2018FrenchPDF
Full modelCorrection30/09/201628/08/201729/08/2017FrenchPDF
Full model30/09/201606/03/201730/03/2017FrenchPDF
Full model30/09/201509/02/201609/03/2016FrenchPDF
Full model30/09/201410/02/201523/03/2015FrenchPDF
Full modelCorrection30/09/201311/02/201423/07/2014FrenchPDF
Full model30/09/201311/02/201407/04/2014FrenchPDF
Full model30/09/201212/02/201322/04/2013FrenchPDF
Full model30/09/201114/02/201201/03/2012FrenchPDF
Full model30/09/201008/02/201104/03/2011FrenchPDF
Full model30/09/200915/12/200905/02/2010FrenchPDF
Full model31/12/200815/05/200915/06/2009FrenchPDF
Full model31/12/200710/06/200826/06/2008FrenchPDF
Full modelCorrection31/12/200615/06/200702/10/2007FrenchPDF
Full model31/12/200615/06/200725/06/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 · 1 active · 35 ended

Active mandates

Philippe FOUCART

Director · since 06 décembre 2022 · until 06 décembre 2028

Active

Ended mandates

Bénédicte FOUCART

Director · since 09 juin 2020 · until 09 juin 2026

Ended
Michel FOUCART

Chairman of the board of directors · since 09 juin 2020 · until 09 juin 2026

Ended
Michel FOUCART

Director · since 09 juin 2020 · until 09 juin 2026

Ended
Philippe FOUCART

Chairman of the board of directors · since 09 juin 2020 · until 09 juin 2026

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates04/08/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/07/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares27/02/2023
    DIVERS - CAPITAL, ACTIONS
    PDF
  • Mandates11/01/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/08/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/09/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/02/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring08/08/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 20255,5 M €↑
  2. 2024
    Annual accounts 20242,5 M €↑
  3. 2023
    Annual accounts 20231,8 M €↓
  4. 13/06/2023
    reconductionAVISOR SCRL — commissaire
  5. 09/02/2023
    autre
  6. 2022
    Annual accounts 20227,7 M €↑
  7. 2021
    Annual accounts 2021
  8. 2020
    Annual accounts 2020250,1 k €↓
  9. 2018
    Annual accounts 20181,4 M €↑
  10. 2018
    Name changeTECHNORD BELGIUM
  11. 2017
    Annual accounts 2017846,6 k €↓
  12. 2016
    Annual accounts 2016872,2 k €↑
  13. 2015
    Annual accounts 201585,3 k €↓
  14. 2014
    Annual accounts 20145,1 M €↑
  15. 2013
    Annual accounts 201365,1 k €↓
  16. 2012
    Annual accounts 20121,9 M €↓
  17. 2011
    Annual accounts 20111,9 M €↓
  18. 2010
    Annual accounts 20101,9 M €↓
  19. 2009
    Annual accounts 20093,9 M €↑
  20. 2008
    Annual accounts 2008361,9 k €↓
  21. 2007
    Annual accounts 2007624,4 k €↑
  22. 2006
    Annual accounts 2006360,5 k €
  23. 2006
    Name changeTECHNIQUE ELECTRIQUE INDUSTRIELLE
  24. 12/07/1990
    IncorporationPublic limited company