TECHNICEL
0877.400.632 · rovalta.com · 22/09/2026
ACTIVE
TECHNICEL
Financial year 2025 · closed on 31/12/2025
Net result
296,5 k €
+74.4% YoY
Revenue
12,2 M €
+6.0% YoY
Equity
1,3 M €
-23.3% YoY
Workforce
26,5 ETP
+8.6% YoY
Overview
What does TECHNICEL do?
TECHNICEL is a Public limited company incorporated in 2005. Its registered office is in Westerlo. It employs on average 26,5 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0877.400.632
Incorporation
22/11/2005
Legal form
Public limited company
Registered office
Zone Reme 4
2260 Westerlo · FlandreSee on map
2260 Westerlo · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
26,5 ETP
Joint committees (7)
- 116
- 1160
- 117
- 207
- 2070
- 207 116
- 218
Contacts
1 public detail availableLog in to view
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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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 | |||||||||||||||||||||||||||||||||||||||
| Revenue | 12,2 M € | +6.0% | 11,5 M € | +3.2% | 11,2 M € | -4.7% | 11,7 M € | – | – | – | – | – | – | – | – | 3,4 M € | +18.4% | 2,9 M € | – | – | – | – | – | – | |||||||||||||||
| EBITDA | 1,3 M € | +41.2% | 954,6 k € | -28.7% | 1,3 M € | -28.6% | 1,9 M € | -17.2% | 2,3 M € | +70.5% | 1,3 M € | +39.9% | 949,1 k € | +1.0% | 939,7 k € | +40.8% | 667,2 k € | +24.1% | 537,4 k € | -14.3% | 626,9 k € | +23.2% | 508,8 k € | +34.8% | 377,6 k € | -5.2% | 398,4 k € | +4.5% | 381,3 k € | +57.1% | 242,7 k € | +64.7% | 147,4 k € | -14.2% | 171,7 k € | +65.1% | 104 k € | +1370% | 7,1 k € |
| Operating result | 474,7 k € | +84.2% | 257,7 k € | -67.8% | 800,6 k € | -45.3% | 1,5 M € | -23.9% | 1,9 M € | +88.7% | 1 M € | +52.4% | 668,7 k € | -3.7% | 694,7 k € | +66.9% | 416,2 k € | +30.7% | 318,4 k € | -22.8% | 412,7 k € | +42.8% | 289,1 k € | +18.4% | 244,2 k € | -18.2% | 298,7 k € | +8.3% | 275,7 k € | +93.8% | 142,3 k € | +302% | 35,4 k € | -69.5% | 115,9 k € | +18.4% | 97,9 k € | +1283% | 7,1 k € |
| Net result | 296,5 k € | +74.4% | 170 k € | -70.6% | 578,8 k € | -48.3% | 1,1 M € | -24.2% | 1,5 M € | +102% | 731 k € | +46.4% | 499,5 k € | -11.2% | 562,4 k € | +79.6% | 313,2 k € | +32.7% | 236 k € | -37.1% | 375,5 k € | +51.9% | 247,2 k € | +20.7% | 204,8 k € | -34.7% | 313,7 k € | +57.4% | 199,3 k € | +126% | 88,3 k € | +149% | 35,5 k € | -62.8% | 95,3 k € | +15.1% | 82,8 k € | +1773% | 4,4 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 1,3 M € | -23.3% | 1,7 M € | -23.4% | 2,3 M € | -5.1% | 2,4 M € | +21.4% | 2 M € | -35.4% | 3 M € | +31.6% | 2,3 M € | +17.8% | 2 M € | +12.1% | 1,8 M € | +6.9% | 1,6 M € | +5.5% | 1,6 M € | +29.7% | 1,2 M € | +26.0% | 949,1 k € | +27.5% | 744,3 k € | +72.9% | 430,6 k € | +86.2% | 231,3 k € | +26.4% | 183 k € | +24.0% | 147,5 k € | +79.4% | 82,2 k € | +179% | 29,4 k € |
| Total assets | 6,2 M € | -4.5% | 6,5 M € | +18.1% | 5,5 M € | +4.6% | 5,3 M € | +9.4% | 4,8 M € | -1.4% | 4,9 M € | +13.3% | 4,3 M € | -0.5% | 4,3 M € | +24.1% | 3,5 M € | +6.7% | 3,3 M € | +4.0% | 3,2 M € | +2.8% | 3,1 M € | +30.4% | 2,4 M € | +43.4% | 1,6 M € | +4.9% | 1,6 M € | +22.9% | 1,3 M € | -1.8% | 1,3 M € | +155% | 508,3 k € | +106% | 247,2 k € | +47.9% | 167,1 k € |
| Cash | 670,4 k € | +125% | 297,6 k € | -29.3% | 420,8 k € | -3.1% | 434,5 k € | -0.9% | 438,3 k € | -50.9% | 892,6 k € | +145% | 364,6 k € | -49.5% | 722,3 k € | +60.3% | 450,7 k € | +26.4% | 356,5 k € | +86.8% | 190,8 k € | +68.6% | 113,2 k € | -6.8% | 121,5 k € | -61.3% | 314 k € | +30.2% | 241,2 k € | -17.8% | 293,4 k € | +3.7% | 282,9 k € | +208% | 91,8 k € | +288% | 23,7 k € | -69.4% | 77,3 k € |
| Debts | 4,9 M € | +2.3% | 4,8 M € | +46.9% | 3,3 M € | +12.6% | 2,9 M € | +1.4% | 2,9 M € | +54.2% | 1,9 M € | -7.7% | 2 M € | -15.6% | 2,4 M € | +36.1% | 1,8 M € | +6.5% | 1,6 M € | +2.5% | 1,6 M € | -14.4% | 1,9 M € | +33.3% | 1,4 M € | +56.6% | 897,2 k € | -20.9% | 1,1 M € | +8.8% | 1 M € | -6.5% | 1,1 M € | +209% | 360,8 k € | +119% | 164,9 k € | +19.8% | 137,7 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 26,5 ETP | +8.6% | 24,4 ETP | +16.7% | 20,9 ETP | +0.5% | 20,8 ETP | +6.1% | 19,6 ETP | -0.5% | 19,7 ETP | +3.7% | 19,0 ETP | +22.6% | 15,5 ETP | +14.8% | 13,5 ETP | +0.7% | 13,4 ETP | +11.7% | 12,0 ETP | +14.3% | 10,5 ETP | +15.4% | 9,1 ETP | +44.4% | 6,3 ETP | +8.6% | 5,8 ETP | +41.5% | 4,1 ETP | +95.2% | 2,1 ETP | +75.0% | 1,2 ETP | – | – | ||
Estimate
Indicative valuation
As an indication, this company is worth
between 5 M€ and 10 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 6 active · 35 ended
Active mandates
Ended mandates
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full 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 | 08/06/2026 | 03/06/2025 | 19/06/2024 | 15/06/2023 | 16/06/2022 | 23/07/2021 |
| General meeting | 29/05/2026 | 30/05/2025 | 31/05/2024 | 26/05/2023 | 27/05/2022 | 18/06/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 29/05/2026 | 08/06/2026 | Dutch | |
| Full model | 31/12/2024 | 30/05/2025 | 03/06/2025 | Dutch | |
| Full model | 31/12/2023 | 31/05/2024 | 19/06/2024 | Dutch | |
| Full model | 31/12/2022 | 26/05/2023 | 15/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 27/05/2022 | 16/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 18/06/2021 | 23/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 19/06/2020 | 14/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 21/06/2019 | 01/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 15/06/2018 | 17/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 16/06/2017 | 22/06/2017 | Dutch | |
| Abridged model | 31/12/2015 | 17/06/2016 | 06/07/2016 | Dutch | |
| Abridged model | 31/12/2014 | 30/06/2015 | 31/07/2015 | Dutch | |
| Abridged model | 31/12/2013 | 20/06/2014 | 10/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 21/06/2013 | 10/07/2013 | Dutch | |
| Abridged model | 31/12/2011 | 22/06/2012 | 20/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 17/06/2011 | 31/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 18/06/2010 | 17/09/2010 | Dutch | |
| Abridged model | 31/12/2008 | 19/06/2009 | 30/06/2009 | Dutch | |
| Abridged model | 31/12/2007 | 20/06/2008 | 02/07/2008 | Dutch | |
| Abridged model | 31/12/2006 | 15/06/2007 | 20/06/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 5 M€ and 10 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 6 active · 35 ended
Active mandates
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates24/07/2024KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
- Mandates23/09/2021ONTSLAGEN - BENOEMINGEN
- Mandates20/07/2021WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
- Mandates06/01/2021ONTSLAGEN - BENOEMINGEN
- Mandates24/08/2020WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
- Mandates03/08/2018ONTSLAGEN - BENOEMINGEN
- Mandates11/04/2012ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates24/02/2012ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025296,5 k €↑
- 2024Annual accounts 2024170 k €↓
- 2023Annual accounts 2023578,8 k €↓
- 2022Annual accounts 20221,1 M €↓
- 2021Annual accounts 20211,5 M €↑
- 2020Annual accounts 2020731 k €↑
- 2019Annual accounts 2019499,5 k €↓
- 2018Annual accounts 2018562,4 k €↑
- 2017Annual accounts 2017313,2 k €↑
- 2016Annual accounts 2016236 k €↓
- 2015Annual accounts 2015375,5 k €↑
- 2014Annual accounts 2014247,2 k €↑
- 2013Annual accounts 2013204,8 k €↓
- 2012Annual accounts 2012313,7 k €↑
- 2011Annual accounts 2011199,3 k €↑
- 2010Annual accounts 201088,3 k €↑
- 2009Annual accounts 200935,5 k €↓
- 2008Annual accounts 200895,3 k €↑
- 2007Annual accounts 200782,8 k €↑
- 2006Annual accounts 20064,4 k €
- 22/11/2005IncorporationPublic limited company