DANTECH
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 23-07-2026 at the NBB all 30 filings
Equity
€10,634▼ 70.3%
2024 · €35,831
Total assets
€39,668▼ 56.9%
2024 · €91,979
Net result
-€25,197▼ 65.8%
2024 · -€15,194
Working capital
-€5,305
2024 · €17,457
In the rankings
#5 oldest company in Heusden-Zolder, Telecoms and IT sector
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€26,683
▼ 18.7%
2025
20182025
Net result
-€25,197
▼ 65.8%
2025
lowest quarter of the sector
20182025
Equity
€10,634
▼ 70.3%
2025
lowest quarter of the sector
20182025
Total assets
€39,668
▼ 56.9%
2025
lowest quarter of the sector
20182025
Debt
€29,034
▼ 48.3%
2025
20182025
Working capital
-€5,305
2025
lowest quarter of the sector
20182025
Solvency
26.8%
▼ 12.1pp
2025
middle half of the sector
20182025
Current ratio
0.72
▼ 0.81
2025
lowest quarter of the sector
20182025
Return on assets (ROA)
-63.5%
▼ 47.0pp
2025
lowest quarter of the sector
20182025
Staff (FTE)
no figure
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€8,604--€9,111€12,047€7,002▼ 41.9%€20,823▲ 197%€321▼ 98.5%-€22,487-€26,683▼ 18.7%
Net result€5,823--€7,607€9,599within the sector's middle half€4,314within the sector's middle half▼ 55.1%€13,570within the sector's middle half▲ 215%€325within the sector's middle half▼ 97.6%-€15,194below the sector's middle half-€25,197below the sector's middle half▼ 65.8%
Equity€59,026-€51,419▼ 12.9%€36,018within the sector's middle half▼ 30.0%€38,731within the sector's middle half▲ 7.5%€50,701within the sector's middle half▲ 30.9%€51,026within the sector's middle half▲ 0.6%€35,831within the sector's middle half▼ 29.8%€10,634below the sector's middle half▼ 70.3%
Total assets€102,385-€82,057▼ 19.9%€82,907within the sector's middle half▲ 1.0%€67,305within the sector's middle half▼ 18.8%€146,802within the sector's middle half▲ 118%€131,101within the sector's middle half▼ 10.7%€91,979within the sector's middle half▼ 29.8%€39,668below the sector's middle half▼ 56.9%
Debt€43,359-€30,638▼ 29.3%€46,889▲ 53.0%€28,574▼ 39.1%€96,101▲ 236%€80,075▼ 16.7%€56,147▼ 29.9%€29,034▼ 48.3%
Working capital€45,773-€39,434▼ 13.8%€27,958within the sector's middle half▼ 29.1%€24,854within the sector's middle half▼ 11.1%€30,524within the sector's middle half▲ 22.8%€32,273within the sector's middle half▲ 5.7%€17,457within the sector's middle half▼ 45.9%-€5,305below the sector's middle half
Solvency57.7%-62.7%▲ 5.0pp43.4%within the sector's middle half▼ 19.2pp57.5%within the sector's middle half▲ 14.1pp34.5%within the sector's middle half▼ 23.0pp38.9%within the sector's middle half▲ 4.4pp39.0%within the sector's middle half=26.8%within the sector's middle half▼ 12.1pp
Current ratio3.52-3.66▲ 0.141.91within the sector's middle half▼ 1.751.90within the sector's middle half▼ 0.011.67within the sector's middle half▼ 0.231.76within the sector's middle half▲ 0.091.53within the sector's middle half▼ 0.230.72below the sector's middle half▼ 0.81
Return on assets (ROA)5.7%--9.3%▼ 15.0pp11.6%within the sector's middle half▲ 20.8pp6.4%within the sector's middle half▼ 5.2pp9.2%within the sector's middle half▲ 2.8pp0.2%below the sector's middle half▼ 9.0pp-16.5%below the sector's middle half▼ 16.8pp-63.5%below the sector's middle half▼ 47.0pp
Staff (FTE)0.21.60.5▼ 68.8%0.8▲ 60.0%0.8=
above
within
below
The sector band is the middle half of the companies in Computing infrastructure, data processing, hosting and other information service activities (NACE 63). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €26,683, larger than the loss of €22,487 in 2024. It is the lowest result since 2021.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €39,668
Fixed assets
€25,992 ▼ 37.4%
Current assets
€13,677 ▼ 72.9%
Equity and liabilities €39,668
Equity
€10,634 ▼ 70.3%
Debt
€29,034 ▼ 48.3%
Debt's share of the balance-sheet total rises from 61.0% to 73.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€11,680▼
2024 · -€7,175
Cash flow
-€10,194▼
2024 · €117
Debt to equity
2.73▲
2024 · 1.57
ROE
-237.0%▼
2024 · -42.4%
Interest coverage
-10.06▼
2024 · -4.75
Debt ≤ 1 year
€18,981▼
2024 · €32,997
Debt > 1 year
€10,035▼
2024 · €23,084
Income taxes
€181▼
2024 · €205
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | - | 1 | - |
| part-time | 1 | - | 1 | - |
| in full-time equivalents | 0.1 | - | 0.3 | - |
| Average over the year, in full-time equivalents | 0.2 | 0.1 | 0.2 | 0.2 |
| On a permanent contract | 1 | - | - | - |
| Joined | 2 | 2 | 3 | 3 |
| Left | 8 | 4 | 2 | 4 |
Source: social balance sheet in the 2021 to 2024 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,475 | €70,935 | €3,995 | €619 | - |
| Depreciation and write-downs of the year | €10,240 | €6,052 | €15,673 | €15,312 | €15,003 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €4,027 | €1,899 | €3,479 | €5,376 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,481 | €10,310 | €9,306 | €10,240 | €6,052 | €15,673 | €15,312 | €15,003 | ▼ 2.0% |
| Other operating charges640/8 | - | - | - | €536 | €1,610 | €552 | - | €124 | - |
| Non-recurring operating charges66A | - | - | - | €545 | €323 | - | - | €530 | - |
| Gross operating margin9900 | €26,556 | €7,730 | €27,719 | €22,351 | €30,706 | €20,025 | -€1,799 | -€11,026 | ▼ 513% |
| Operating profit (loss)9901 | €8,604 | -€9,111 | €12,047 | €7,002 | €20,823 | €321 | -€22,487 | -€26,683 | ▼ 18.7% |
| Financial income75/76B | - | - | - | €1 | €5 | €3,012 | €9,225 | €2,828 | ▼ 69.3% |
| Recurring financial income75 | €45 | €68 | €3 | €1 | €5 | €64 | €302 | €401 | ▲ 32.7% |
| Non-recurring financial income76B | - | - | - | - | - | €2,947 | €8,923 | €2,426 | ▼ 72.8% |
| Financial charges65/66B | - | - | - | €410 | €715 | €1,847 | €1,727 | €1,161 | ▼ 32.8% |
| Recurring financial charges65 | €645 | €716 | €580 | €410 | €715 | €1,847 | €1,511 | €1,161 | ▼ 23.1% |
| Non-recurring financial charges66B | - | - | - | - | - | - | €217 | - | - |
| Profit (loss) for the period before taxes9903 | €8,007 | -€7,453 | €11,470 | €6,593 | €20,113 | €1,486 | -€14,989 | -€25,017 | ▼ 66.9% |
| Income taxes67/77 | €2,184 | €154 | €1,871 | €2,279 | €6,543 | €1,161 | €205 | €181 | ▼ 11.9% |
| Profit (loss) for the period9904 | €5,823 | -€7,607 | €9,599 | €4,314 | €13,570 | €325 | -€15,194 | -€25,197 | ▼ 65.8% |
| Profit (loss) for the period to be appropriated9905 | €5,823 | -€7,607 | €9,599 | €4,314 | €13,570 | €325 | -€15,194 | -€25,197 | ▼ 65.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €102,385 | €82,057 | €82,907 | €67,305 | €146,802 | €131,101 | €91,979 | €39,668 | ▼ 56.9% |
| Fixed assets21/28 | €38,467 | €27,814 | €24,297 | €14,779 | €70,697 | €56,434 | €41,525 | €25,992 | ▼ 37.4% |
| Tangible fixed assets22/27 | €38,392 | €27,739 | €24,222 | €14,704 | €70,622 | €56,359 | €41,450 | €25,917 | ▼ 37.5% |
| Plant, machinery and equipment23 | - | - | - | €323 | - | €223 | €391 | €117 | ▼ 70.1% |
| Furniture and vehicles24 | - | - | - | €14,381 | €70,622 | €56,136 | €41,058 | €25,800 | ▼ 37.2% |
| Financial fixed assets28 | €75 | €75 | €75 | €75 | €75 | €75 | €75 | €75 | = |
| Current assets29/58 | €63,918 | €54,242 | €58,610 | €52,526 | €76,105 | €74,667 | €50,454 | €13,677 | ▼ 72.9% |
| Amounts receivable within one year40/41 | €9,775 | €8,800 | €17,897 | €19,306 | €2,658 | €9,870 | €347 | €2,589 | ▲ 645% |
| Trade receivables40 | - | - | - | €19,306 | €2,658 | €8,518 | - | €2,085 | - |
| Other amounts receivable41 | - | - | - | - | - | €1,352 | €347 | €504 | ▲ 45.1% |
| Cash at bank and in hand54/58 | €49,543 | €39,252 | €32,728 | €32,725 | €67,553 | €64,782 | €50,015 | €10,912 | ▼ 78.2% |
| Deferred charges and accrued income490/1 | - | - | - | €495 | €5,895 | €14 | €92 | €176 | ▲ 92.3% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €102,385 | €82,057 | €82,907 | €67,305 | €146,802 | €131,101 | €91,979 | €39,668 | ▼ 56.9% |
| Equity10/15 | €59,026 | €51,419 | €36,018 | €38,731 | €50,701 | €51,026 | €35,831 | €10,634 | ▼ 70.3% |
| Contributions10/11 | €41,992 | €41,992 | - | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €17,034 | €17,034 | €17,426 | €20,139 | €32,109 | €32,434 | €32,109 | €32,109 | = |
| Distributable reserves133 | - | - | - | €20,139 | €32,109 | €32,434 | €32,109 | €32,109 | = |
| Profit (loss) carried forward14 | - | -€7,607 | - | - | - | - | -€14,870 | -€40,067 | ▼ 169% |
| Amounts payable17/49 | €43,359 | €30,638 | €46,889 | €28,574 | €96,101 | €80,075 | €56,147 | €29,034 | ▼ 48.3% |
| Amounts payable after more than one year17 | €24,719 | €14,944 | €14,944 | - | €48,086 | €35,764 | €23,084 | €10,035 | ▼ 56.5% |
| Financial debts170/4 | - | - | - | - | €48,086 | €35,764 | €23,084 | €10,035 | ▼ 56.5% |
| Amounts payable within one year42/48 | €18,145 | €14,808 | €30,652 | €27,672 | €45,581 | €42,394 | €32,997 | €18,981 | ▼ 42.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | €12,322 | €12,680 | €13,049 | ▲ 2.9% |
| Financial debts43 | - | - | - | €5,019 | €11,974 | - | - | - | - |
| Credit institutions430/8 | - | - | - | €5,019 | €11,974 | - | - | - | - |
| Trade debts44 | €289 | €1,326 | €67 | €614 | - | - | €60 | €305 | ▲ 406% |
| Suppliers440/4 | - | - | - | €614 | - | - | €60 | €305 | ▲ 406% |
| Taxes, remuneration and social security45 | - | - | - | €1,445 | €8,735 | €4,146 | €193 | €253 | ▲ 31.2% |
| Taxes450/3 | - | - | - | - | €8,735 | €2,722 | €193 | €253 | ▲ 31.2% |
| Remuneration and social security454/9 | - | - | - | €1,445 | - | €1,424 | - | - | - |
| Other amounts payable47/48 | - | - | - | €20,594 | €24,872 | €25,926 | €20,064 | €5,374 | ▼ 73.2% |
| Accrued charges and deferred income492/3 | - | - | - | €902 | €2,434 | €1,917 | €66 | €18 | ▼ 73.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,823 | -€7,607 | €9,599 | €4,314 | €13,570 | €325 | -€15,194 | -€25,197 | ▼ 65.8% |
| + Depreciation and write-downs630 | €10,481 | €10,310 | €9,306 | €10,240 | €6,052 | €15,673 | €15,312 | €15,003 | ▼ 2.0% |
| Operating cash flow (approximation) | €16,303 | €2,703 | €18,905 | €14,554 | €19,622 | €15,998 | €117 | -€10,194 | - |
| Investment in fixed assets (approximation) | - | €343 | -€5,788 | -€723 | -€61,969 | -€1,410 | -€402 | €530 | - |
| Change in cash | - | -€10,291 | -€6,524 | -€3 | €34,828 | -€2,771 | -€14,767 | -€39,103 | ▼ 165% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,221 companies had the same profile as DANTECH has now. Two years later, 88.6% were still going and 3.8% had gone bankrupt.
- Micro
- 20 years or older
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
88.6%
was still going
7.4%
stopped otherwise
3.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of DANTECH itself is lower: 0.3% within 12 months. It rests on far more data about DANTECH than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,221 companies, not a prediction for DANTECH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 30 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 23-07-2026 | 2026-00337291 | |
| 31-12-2024 | micro format | 12-08-2025 | 2025-00376958 | |
| 31-12-2023 | micro format | 23-08-2024 | 2024-00365519 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00411624 | |
| 31-12-2021 | micro format | 18-08-2022 | 2022-20303913 | |
| 31-12-2020 | micro format | 20-08-2021 | 2021-51400247 | |
| 31-12-2019 | micro format | 02-10-2020 | 2020-58300413 | |
| 31-12-2018 | micro format | 29-08-2019 | 2019-56300425 | |
| 31-12-2017 | micro format | 29-08-2018 | 2018-53900554 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-56100198 |