DBTECH
ActiveSummary
DBTECH has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €373,212 and a net result of €29,527. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 95% of 7868 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▲+2
Solvency100=
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 12.44 against 19.19 in 2024; short-term debt: 7.7% and cash: 62.2% of total assets), and 7.7% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
92.3%
Return on assets
7.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
14 d early
2023
15 d early
2022
11 d early
2021
24 d early
2020
12 d early
2019
29 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 11 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€373,212▲ 8.6%
2024 · €343,686
Total assets
€404,275▲ 12.2%
2024 · €360,404
Net result
€29,527▲ 51.7%
2024 · €19,468
Working capital
€355,447▲ 16.9%
2024 · €304,149
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€72,080▲ 18.8%€117,399▲ 62.9%€81,101▼ 30.9%€30,549▼ 62.3%€35,978▲ 17.8%
Net result€52,818▲ 17.5%€81,600▲ 54.5%€61,481▼ 24.7%€19,468▼ 68.3%€29,527▲ 51.7%
Equity€493,391▲ 2.0%€503,618▲ 2.1%€342,817▼ 31.9%€343,686▲ 0.3%€373,212▲ 8.6%
Total assets€544,932▲ 4.7%€545,678▲ 0.1%€539,740▼ 1.1%€360,404▼ 33.2%€404,275▲ 12.2%
Debt€51,541▲ 41.6%€42,061▼ 18.4%€196,923▲ 368%€16,719▼ 91.5%€31,063▲ 85.8%
Working capital€453,464▼ 0.2%€429,119▼ 5.4%€269,017▼ 37.3%€304,149▲ 13.1%€355,447▲ 16.9%
Staff (FTE)10.2▼ 80.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 18% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €404,275
Fixed assets
€17,765 ▼ 55.1%
Current assets
€386,511 ▲ 20.5%
Equity and liabilities €404,275
Equity
€373,212 ▲ 8.6%
Debt
€31,063 ▲ 85.8%
Debt's share of the balance-sheet total rises from 4.6% to 7.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€57,308▲
2024 · €47,352
Cash flow
€50,857▲
2024 · €36,272
Current ratio
12.44▼
2024 · 19.19
Quick ratio
12.20▼
2024 · 18.93
Debt to equity
0.08▲
2024 · 0.05
ROE
7.9%▲
2024 · 5.7%
ROA
7.3%▲
2024 · 5.4%
Interest coverage
108.56▲
2024 · 48.90
Debt ≤ 1 year
€31,063▲
2024 · €16,719
Income taxes
€8,201▼
2024 · €10,112
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €8,000 | €17,162 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €230 | €35,259 | €15,193 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,878 | €15,123 | €22,015 | €16,803 | €21,330 | ▲ 26.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €1,162 | - | - | - | - |
| Other operating charges640/8 | €1,917 | €2,181 | €2,374 | €2,435 | €2,332 | ▼ 4.2% |
| Non-recurring operating charges66A | €92 | - | €40 | €1,179 | €1,404 | ▲ 19.0% |
| Gross operating margin9900 | €92,967 | €136,096 | €140,788 | €66,160 | €61,044 | ▼ 7.7% |
| Operating profit (loss)9901 | €72,080 | €117,399 | €81,101 | €30,549 | €35,978 | ▲ 17.8% |
| Financial income75/76B | €0 | €396 | €6 | - | €2,277 | - |
| Recurring financial income75 | €0 | €396 | €6 | - | €2,277 | - |
| Financial charges65/66B | €513 | €190 | €812 | €968 | €528 | ▼ 45.5% |
| Recurring financial charges65 | €513 | €190 | €812 | €968 | €528 | ▼ 45.5% |
| Profit (loss) for the period before taxes9903 | €71,567 | €117,605 | €80,295 | €29,581 | €37,727 | ▲ 27.5% |
| Income taxes67/77 | €18,749 | €36,005 | €18,814 | €10,112 | €8,201 | ▼ 18.9% |
| Profit (loss) for the period9904 | €52,818 | €81,600 | €61,481 | €19,468 | €29,527 | ▲ 51.7% |
| Profit (loss) for the period to be appropriated9905 | €52,818 | €81,600 | €61,481 | €19,468 | €29,527 | ▲ 51.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €544,932 | €545,678 | €539,740 | €360,404 | €404,275 | ▲ 12.2% |
| Fixed assets21/28 | €39,927 | €74,499 | €73,800 | €39,536 | €17,765 | ▼ 55.1% |
| Tangible fixed assets22/27 | €39,927 | €74,499 | €72,550 | €38,286 | €16,515 | ▼ 56.9% |
| Furniture and vehicles24 | €36,695 | €72,176 | €71,135 | €37,780 | €16,515 | ▼ 56.3% |
| Other tangible fixed assets26 | €3,232 | €2,323 | €1,415 | €506 | - | - |
| Financial fixed assets28 | - | - | €1,250 | €1,250 | €1,250 | = |
| Current assets29/58 | €505,005 | €471,179 | €465,940 | €320,868 | €386,511 | ▲ 20.5% |
| Amounts receivable after more than one year29 | - | - | €30,000 | €30,000 | €30,000 | = |
| Trade receivables290 | - | - | €30,000 | €30,000 | €30,000 | = |
| Stocks and contracts in progress3 | €6,321 | €4,075 | €5,105 | €4,439 | €7,694 | ▲ 73.4% |
| Stocks30/36 | €3,021 | €4,075 | €5,105 | €4,439 | €7,694 | ▲ 73.4% |
| Contracts in progress37 | €3,300 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €99,990 | €63,462 | €128,157 | €84,573 | €92,186 | ▲ 9.0% |
| Trade receivables40 | €89,178 | €59,731 | €112,729 | €73,394 | €77,615 | ▲ 5.8% |
| Other amounts receivable41 | €10,812 | €3,731 | €15,428 | €11,178 | €14,571 | ▲ 30.3% |
| Cash at bank and in hand54/58 | €395,839 | €399,592 | €298,404 | €199,019 | €251,594 | ▲ 26.4% |
| Deferred charges and accrued income490/1 | €2,855 | €4,051 | €4,274 | €2,837 | €5,036 | ▲ 77.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €544,932 | €545,678 | €539,740 | €360,404 | €404,275 | ▲ 12.2% |
| Equity10/15 | €493,391 | €503,618 | €342,817 | €343,686 | €373,212 | ▲ 8.6% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €1,693 | €1,693 | = |
| Reserves13 | €474,791 | €485,018 | €324,217 | €341,993 | €371,519 | ▲ 8.6% |
| Distributable reserves133 | €474,791 | €485,018 | €324,217 | €341,993 | €371,519 | ▲ 8.6% |
| Amounts payable17/49 | €51,541 | €42,061 | €196,923 | €16,719 | €31,063 | ▲ 85.8% |
| Amounts payable within one year42/48 | €51,541 | €42,061 | €196,923 | €16,719 | €31,063 | ▲ 85.8% |
| Trade debts44 | €30,163 | €12,398 | €19,015 | €7,491 | €23,596 | ▲ 215% |
| Suppliers440/4 | €30,163 | €12,398 | €19,015 | €7,491 | €23,596 | ▲ 215% |
| Taxes, remuneration and social security45 | €13,884 | €25,154 | €23,895 | €6,592 | €7,380 | ▲ 11.9% |
| Taxes450/3 | €13,884 | €25,154 | €21,501 | €6,592 | €7,380 | ▲ 11.9% |
| Remuneration and social security454/9 | - | - | €2,394 | - | - | - |
| Other amounts payable47/48 | €7,495 | €4,509 | €154,012 | €2,636 | €88 | ▼ 96.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €52,818 | €81,600 | €61,481 | €19,468 | €29,527 | ▲ 51.7% |
| + Depreciation and write-downs630 | €18,878 | €15,123 | €22,015 | €16,803 | €21,330 | ▲ 26.9% |
| Operating cash flow (approximation) | €71,696 | €96,723 | €83,496 | €36,272 | €50,857 | ▲ 40.2% |
| Investment in fixed assets (approximation) | - | -€49,695 | -€21,316 | €17,460 | €442 | ▼ 97.5% |
| Change in cash | - | €3,752 | -€101,187 | -€99,385 | €52,575 | ▲ 153% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €19,468 ▼68.3%
Net result drops to €19,468, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 8current ratio 19.19
Current ratio from 2.37 to 19.19; short-term debt falls from €196,923 to €16,719.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €500,000Eq €503,618 ▲2.1%
5 profitable years in a row build equity to €503,618.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity triplescurrent ratio 13.48
Current ratio from 5.35 to 13.48; short-term debt falls from €94,531 to €36,410.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wevelgem · 1 establishment unit since 2012
Ground area
743 m²
Building footprint
156 m²
Volume, LiDAR
655 m³
Parcel 34012C0617/00W000, Flanders · tallest building 8.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DBTECH
since 20122.216.049.528
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34012C0617/00W000 | Flanders | 743 m² | 1 · 156 m² | 8.0 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 429 EUR awarded · 429 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 298 EUR | 298 EUR |
| 2022 | 1 | 131 EUR | 131 EUR |
Similar companies · same sector, comparable size
Q-Park Recharge Belgium
BE 0779.689.265
Zaventem · Eq €373,244
ILTHO
BE 0506.924.572
Bekkevoort · Eq €373,259
SUCCES COMPANY
BE 0882.631.506
Wavre · Eq €373,460
ETS STEFENATTO
BE 0430.045.936
Seraing · Eq €373,538
ATEB
BE 0443.800.437
Kalmthout · Eq €372,804
Of 22,832 companies in sector 43211 we hold annual accounts for 10,328. 7,161 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-12-2012
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43212Electrical installation work in industrial facilities
43214Specialised construction activities
43230Insulation installation
43350Other building finishing work
43422Screed work
46140Agents in the wholesale of industrial machinery, ships and aircraft
Contact
Phone
0496/260209Wevelgem
Scores and ratios are computed by Checked and are not a credit decision.