DC ELECTRIC
ActiveSummary
The computed 12-month bankruptcy probability of DC ELECTRIC is 2.3% (moderate). The 2025 annual accounts show equity of €32k and a net result of €-25k. Equity is shrinking by ~20.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 68% of 994 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-72
Solvency86▼-5
Growth32▼-20
Track record82
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.77 against 2.15 in 2024; short-term debt: 38.8% and cash: 43.2% of total assets), and 38.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
61.2%
Return on assets
-48.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-07-2026, 20 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
20 d early
2024
6 d late
2023
30 d late
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€32k▼ 44.1%
2024 · €57k
Total assets
€52k▼ 40.1%
2024 · €86k
Net result
€-25k
2024 · €2k
Working capital
€15k▼ 54.5%
2024 · €34k
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
Line202320242025
Operating result€64k-€4k▼ 94.5%€-22k
Net result€51k-€2k▼ 95.7%€-25k
Equity€54k-€57k▲ 4.0%€32k▼ 44.1%
Total assets€92k-€86k▼ 6.2%€52k▼ 40.1%
Debt€38k-€30k▼ 21.0%€20k▼ 32.5%
Working capital€29k-€34k▲ 17.9%€15k▼ 54.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €22k after €4k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €52k
Fixed assets
€16k ▼ 28.5%
Current assets
€35k ▼ 44.3%
Equity and liabilities €52k
Equity
€32k ▼ 44.1%
Debt
€20k ▼ 32.5%
Debt's share of the balance-sheet total rises from 34.4% to 38.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-14k▼
2024 · €11k
Cash flow
€-16k▼
2024 · €9k
Current ratio
1.77▼
2024 · 2.15
Debt to equity
0.63▲
2024 · 0.52
ROE
-79.0%▼
2024 · 3.9%
ROA
-48.4%▼
2024 · 2.5%
Interest coverage
-69.10▼
2024 · 93.01
Debt ≤ 1 year
€20k▼
2024 · €30k
Income taxes
€3k▲
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €7k | €9k | ▲ 19.7% |
| Other operating charges640/8 | - | €972 | €751 | ▼ 22.7% |
| Gross operating margin9900 | €66k | €12k | €-13k | ▼ 210% |
| Operating profit (loss)9901 | €64k | €4k | €-22k | ▼ 739% |
| Financial income75/76B | - | - | €821 | - |
| Recurring financial income75 | - | - | €821 | - |
| Financial charges65/66B | - | €116 | €198 | ▲ 70.1% |
| Recurring financial charges65 | - | €116 | €198 | ▲ 70.1% |
| Profit (loss) for the period before taxes9903 | €64k | €3k | €-22k | ▼ 742% |
| Income taxes67/77 | €13k | €1k | €3k | ▲ 168% |
| Profit (loss) for the period9904 | €51k | €2k | €-25k | ▼ 1,241% |
| Profit (loss) for the period to be appropriated9905 | €51k | €2k | €-25k | ▼ 1,241% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €92k | €86k | €52k | ▼ 40.1% |
| Fixed assets21/28 | €26k | €23k | €16k | ▼ 28.5% |
| Tangible fixed assets22/27 | €26k | €22k | €16k | ▼ 28.8% |
| Plant, machinery and equipment23 | €6k | €4k | €3k | ▼ 31.7% |
| Furniture and vehicles24 | €10k | €11k | €7k | ▼ 33.7% |
| Other tangible fixed assets26 | €10k | €8k | €6k | ▼ 20.8% |
| Financial fixed assets28 | - | €190 | €190 | = |
| Current assets29/58 | €66k | €64k | €35k | ▼ 44.3% |
| Amounts receivable within one year40/41 | €66k | €22k | €12k | ▼ 43.8% |
| Trade receivables40 | - | €20k | €12k | ▼ 43.5% |
| Other amounts receivable41 | €66k | €2k | €959 | ▼ 47.3% |
| Cash at bank and in hand54/58 | - | €40k | €22k | ▼ 44.7% |
| Deferred charges and accrued income490/1 | - | €1k | €693 | ▼ 37.4% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €92k | €86k | €52k | ▼ 40.1% |
| Equity10/15 | €54k | €57k | €32k | ▼ 44.1% |
| Contributions10/11 | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €51k | €54k | €29k | ▼ 46.6% |
| Amounts payable17/49 | €38k | €30k | €20k | ▼ 32.5% |
| Amounts payable within one year42/48 | €38k | €30k | €20k | ▼ 32.5% |
| Trade debts44 | €25k | €243 | €7k | ▲ 2,875% |
| Suppliers440/4 | €25k | €243 | €7k | ▲ 2,875% |
| Taxes, remuneration and social security45 | €13k | €20k | €8k | ▼ 62.4% |
| Taxes450/3 | €13k | €14k | €15 | ▼ 99.9% |
| Remuneration and social security454/9 | - | €6k | €8k | ▲ 25.6% |
| Other amounts payable47/48 | - | €9k | €5k | ▼ 44.1% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €51k | €2k | €-25k | ▼ 1,241% |
| + Depreciation and write-downs630 | €2k | €7k | €9k | ▲ 19.7% |
| Operating cash flow (approximation) | €54k | €9k | €-16k | ▼ 271% |
| Investment in fixed assets (approximation) | - | €-4k | €-2k | ▲ 47.1% |
| Change in cash | - | - | €-18k | - |
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
11-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-25k
Net result drops to €-25k, the lowest in the series.
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Grez-Doiceau · 1 establishment unit since 2023
Ground area
539 m²
Building footprint
62 m²
Volume, LiDAR
506 m³
Parcel 25001C0002/00L002, Wallonia · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DC ELECTRIC
since 20232.354.862.862
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25001C0002/00L002 | Wallonia | 539 m² | 1 · 62 m² | 9.7 m · 3 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.
Similar companies · same sector, comparable size
ASIMI TELECOM
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NOYAN TECH
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VANTEC
BE 1000.434.838
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PEN6 ENGINEERING & SERVICES
BE 0745.720.855
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SVERDOO
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Hamme (Vl.) · Eq €31,715
Of 1,824 companies in sector 42220 we hold annual accounts for 955. 655 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
Founded29-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
42220Construction of utility projects for electricity and telecommunications
33200Installation of industrial machinery and equipment
43211General electrical installation work
43212Electrical installation work in industrial facilities
43240Other construction installation
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.