About Technolit-Iwetec
Technolit-Iwetec is a private limited company (BV/SRL) based in Herk-de-Stad, founded in 2012. Its main activity is classified as "Groothandel in andere machines en werktuigen, neg". For the 2024 financial year, Technolit-Iwetec reported a loss of €700,389. That makes 4 loss-making financial years in a row for Technolit-Iwetec. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €2.6 million, down 7.9% on 2023. It employed an average of 32.3 full-time equivalents. Equity is negative (-€1.4 million): liabilities exceed assets. In 2012 it was €56,078. 13 annual accounts are available, covering 2012 to 2024.
- Sectors
- Wholesalers
- Signals
-
Negative equityNegative equity € -1.40M
Equity is negative: debts exceed assets (technically insolvent).
Reporting lossesReporting losses € -679KThe company reported a loss in the latest financial year.
Poor liquidityPoor liquidity 0.51The current ratio is below 1: may be insufficient to cover short-term debt.
Negative cashflowNegative cashflow € -705KOperating cash flow was negative in the latest financial year.
Negative EBITDANegative EBITDA € -684KEBITDA is negative: operating activities are loss-making.
Healthy social debtHealthy social debt 10.9%Social debts stay manageable relative to personnel costs.
Financial ratios
|
|
2024
|
2023
|
2022
|
2021
|
|---|---|---|---|---|
|
€
2.62M
|
€
2.84M
|
€
3.18M
|
€
3.23M
|
|
|
€
-684K
|
€
-498K
|
€
-65K
|
€
-59K
|
|
|
€
-700K
|
€
-464K
|
€
-122K
|
€
-174K
|
|
|
€
-1.40M
|
€
-696K
|
€
-232K
|
€
-109K
|
|
|
-90.03%
|
-31.24%
|
-8.64%
|
-6.22%
|
|
|
€
2.95M
|
€
2.92M
|
€
2.91M
|
€
1.87M
|
|
|
€
415K
|
€
446K
|
€
1.21M
|
€
442K
|
|
|
32.30
|
41.10
|
42.40
|
41.40
|
Publications 13
All publications- Benaming 09/10/2026
- Ontslagen - Benoemingen 27/07/2026
- Wijziging Rechtsvorm 21/11/2023
- Ontslagen - Benoemingen 13/09/2023
- Ontslagen - Benoemingen 04/04/2023
Frequently asked questions
Answers to the most common questions about Technolit-Iwetec, based on official government data and the filed annual accounts.
What is the VAT number of Technolit-Iwetec?
The VAT number of Technolit-Iwetec is BE0845.376.576.
How many employees work at Technolit-Iwetec?
In 2024, Technolit-Iwetec employed 32.30 full-time equivalents (FTE).
When was Technolit-Iwetec established?
Technolit-Iwetec was founded in 19-04-2012.
What is the official address of Technolit-Iwetec?
The official address of Technolit-Iwetec is Industrieweg 1201 Herk-De-Stad 3540.
What is the legal form of Technolit-Iwetec?
The juridical form of Technolit-Iwetec is Private limited company (BV/SRL).
What is the annual revenue of Technolit-Iwetec?
The 2024 accounts of Technolit-Iwetec do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Technolit-Iwetec a reliable company?
Technolit-Iwetec is a registered Rechtspersoon with company number 0845.376.576 and can be verified through the official CBE database.
What is the credit limit of Technolit-Iwetec?
The estimated credit limit of Technolit-Iwetec is €0.
Is Technolit-Iwetec still active?
Technolit-Iwetec currently has the status "Normal situation" and is active.