ACTIVE

TECHWORKS

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Financial year 2025 · closed on 31/12/2025
Net result
27,7 k €
+107.1% YoY
Gross margin
50,2 k €
+39.5% YoY
Equity
102,3 k €
-49.5% YoY

What does TECHWORKS do?

TECHWORKS is a Private limited company incorporated in 2019. Its main activity is: Manufacture of electric lighting equipment. Its registered office is in Tielt.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0738.942.832
Incorporation
10/12/2019
Legal form
Private limited company
Registered office
Brignoleslaan 37
8700 Tielt · FlandreSee on map
Contributed capital
10 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
27402Manufacture of electric lighting equipment· main27402Manufacture of electric lighting equipment43211Electrical installation43211Electrical installation43240Electrical, plumbing and other construction installation activities43299Other construction installation+4
Contacts
3 public details availableLog in to view
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin50,2 k €36,0 k €41,9 k €102,5 k €61,7 k €69,3 k €
EBITDA49,3 k €34,1 k €41,3 k €101,9 k €54,0 k €68,3 k €
Operating result38,9 k €18,4 k €31,5 k €92,4 k €45,7 k €63,1 k €
Net result27,7 k €13,4 k €24,2 k €67,8 k €35,7 k €51,6 k €
Balance sheet
Equity102,3 k €202,6 k €189,2 k €165,0 k €97,2 k €61,6 k €
Total assets374,1 k €289,5 k €320,3 k €305,0 k €244,0 k €197,0 k €
Cash63,7 k €23,7 k €208,4 k €212,3 k €107,9 k €83,5 k €
Debts271,9 k €87,0 k €131,1 k €140,0 k €146,7 k €135,5 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

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

Active mandates

Diederik Maes

Mandate

Active
At this address

Other companies at this address

CompanyCBE no.
You and the World● Active
1007.344.802
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202106/12/2019
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 months13 months
Filing date29/06/202624/07/202527/06/202428/06/202328/06/202230/06/2021
General meeting21/05/202615/05/202516/05/202418/05/202319/05/202220/05/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202521/05/202629/06/2026DutchPDF
Micro model31/12/202415/05/202524/07/2025DutchPDF
Micro model31/12/202316/05/202427/06/2024DutchPDF
Micro model31/12/202218/05/202328/06/2023DutchPDF
Micro model31/12/202119/05/202228/06/2022DutchPDF
Micro model31/12/202020/05/202130/06/2021DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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

Active mandates

Diederik Maes

Mandate

Active
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Other12/12/2019
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, 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 202527,7 k €↑
  2. 2024
    Annual accounts 202413,4 k €↓
  3. 2023
    Annual accounts 202324,2 k €↓
  4. 2022
    Annual accounts 202267,8 k €↑
  5. 2021
    Annual accounts 202135,7 k €↓
  6. 2020
    Annual accounts 202051,6 k €
  7. 10/12/2019
    IncorporationPrivate limited company