DOMATICS
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 14-07-2026 at the NBB all 18 filings
Turnover
≈ €150,000
Estimated: probably between €110,000 and €230,000
Total assets
€167,835▼ 2.1%
2024 · €171,405
Net result
€15,988▼ 69.4%
2024 · €52,315
Working capital
€151,602▲ 21.5%
2024 · €124,792
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€20,825
▼ 64.9%
2025
20182025
Net result
€15,988
▼ 69.4%
2025
middle half of the sector
20182025
Equity
€163,605
▲ 10.8%
2025
highest quarter of the sector
20182025
Total assets
€167,835
▼ 2.1%
2025
middle half of the sector
20182025
Debt
€4,230
▼ 82.2%
2025
20182025
Working capital
€151,602
▲ 21.5%
2025
highest quarter of the sector
20182025
Solvency
97.5%
▲ 11.4pp
2025
highest quarter of the sector
20182025
Current ratio
36.84
▲ 30.60
2025
highest quarter of the sector
20182025
Return on assets (ROA)
9.5%
▼ 21.0pp
2025
middle half 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€7,052-€29,927▲ 324%€9,446▼ 68.4%€52,571▲ 457%€44,621▼ 15.1%€63,205▲ 41.6%€59,290▼ 6.2%€20,825▼ 64.9%
Net result€496-€26,337▲ 53×€14,954within the sector's middle half▼ 43.2%€33,902above the sector's middle half▲ 127%€38,965above the sector's middle half▲ 14.9%€55,257above the sector's middle half▲ 41.8%€52,315above the sector's middle half▼ 5.3%€15,988within the sector's middle half▼ 69.4%
Equity€26,886-€53,224▲ 98.0%€68,177within the sector's middle half▲ 28.1%€82,080within the sector's middle half▲ 20.4%€97,045within the sector's middle half▲ 18.2%€121,302within the sector's middle half▲ 25.0%€147,617above the sector's middle half▲ 21.7%€163,605above the sector's middle half▲ 10.8%
Total assets€89,196-€136,570▲ 53.1%€147,586within the sector's middle half▲ 8.1%€146,925within the sector's middle half▼ 0.4%€148,862within the sector's middle half▲ 1.3%€167,322within the sector's middle half▲ 12.4%€171,405within the sector's middle half▲ 2.4%€167,835within the sector's middle half▼ 2.1%
Debt€62,310-€83,347▲ 33.8%€79,408▼ 4.7%€64,845▼ 18.3%€51,817▼ 20.1%€46,019▼ 11.2%€23,788▼ 48.3%€4,230▼ 82.2%
Working capital€17,204-€60,416▲ 251%€47,168within the sector's middle half▼ 21.9%€51,659within the sector's middle half▲ 9.5%€78,877within the sector's middle half▲ 52.7%€115,636above the sector's middle half▲ 46.6%€124,792above the sector's middle half▲ 7.9%€151,602above the sector's middle half▲ 21.5%
Solvency30.1%-39.0%▲ 8.8pp46.2%within the sector's middle half▲ 7.2pp55.9%within the sector's middle half▲ 9.7pp65.2%within the sector's middle half▲ 9.3pp72.5%above the sector's middle half▲ 7.3pp86.1%above the sector's middle half▲ 13.6pp97.5%above the sector's middle half▲ 11.4pp
Current ratio1.28-2.34▲ 1.071.64within the sector's middle half▼ 0.701.80within the sector's middle half▲ 0.152.52within the sector's middle half▲ 0.733.51above the sector's middle half▲ 0.996.25above the sector's middle half▲ 2.7336.84above the sector's middle half▲ 30.60
Return on assets (ROA)0.6%-19.3%▲ 18.7pp10.1%within the sector's middle half▼ 9.2pp23.1%above the sector's middle half▲ 12.9pp26.2%above the sector's middle half▲ 3.1pp33.0%above the sector's middle half▲ 6.8pp30.5%above the sector's middle half▼ 2.5pp9.5%within the sector's middle half▼ 21.0pp
Staff (FTE)2.21.4within the sector's middle half▼ 36.4%1.4=1▼ 28.6%
above
within
below
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). 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 65% lower than in 2024 and the lowest since 2021. It is the second fall in a row.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €167,835
Fixed assets
€12,003 ▼ 47.4%
Current assets
€155,832 ▲ 4.9%
Equity and liabilities €167,835
Equity
€163,605 ▲ 10.8%
Debt
€4,230 ▼ 82.2%
Debt's share of the balance-sheet total falls from 13.9% to 2.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€31,647▼
2024 · €63,120
Cash flow
€26,810▼
2024 · €56,145
Quick ratio
34.02▲
2024 · 5.30
Debt to equity
0.03▼
2024 · 0.16
ROE
9.8%▼
2024 · 35.4%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€4,230▼
2024 · €23,788
Income taxes
€4,551▼
2024 · €6,756
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 |
|---|---|---|
| Employees at the balance-sheet date | 1 | - |
| full-time | 1 | - |
| in full-time equivalents | 1 | - |
| Average over the year, in full-time equivalents | 1.4 | 1 |
| On a permanent contract | 1 | - |
| Joined | 2 | 0 |
| Left | 2 | 1 |
Source: social balance sheet in the 2021 to 2022 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €13,353 | - | €1,906 | €20,989 | - |
| Depreciation and write-downs of the year | €10,160 | €12,253 | €9,259 | €3,830 | €10,822 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 · 2 entries · €1,390 awarded · €1,390 paidAnnual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €1,197 | €3,149 | €11,068 | €5,050 | ▼ 54.4% |
| Remuneration, social security and pensions62 | - | - | - | €44,831 | €37,987 | €88 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,894 | €10,745 | €10,755 | €10,160 | €12,253 | €9,259 | €3,830 | €10,822 | ▲ 183% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €3,149 | €2,423 | €5,050 | - | - |
| Other operating charges640/8 | - | - | - | €2,151 | €2,557 | €1,424 | €1,375 | €903 | ▼ 34.3% |
| Non-recurring operating charges66A | - | - | - | - | - | €5,149 | - | - | - |
| Gross operating margin9900 | €48,333 | €136,621 | €79,695 | €109,713 | €100,567 | €81,549 | €69,546 | €32,550 | ▼ 53.2% |
| Operating profit (loss)9901 | €7,052 | €29,927 | €9,446 | €52,571 | €44,621 | €63,205 | €59,290 | €20,825 | ▼ 64.9% |
| Financial income75/76B | - | - | - | €0 | €75 | €133 | €0 | €13 | ▲ 664× |
| Recurring financial income75 | €126 | €102 | €9,044 | €0 | €75 | €133 | €0 | €13 | ▲ 664× |
| Financial charges65/66B | - | - | - | €1,093 | €491 | €241 | €219 | €299 | ▲ 36.7% |
| Recurring financial charges65 | €2,354 | €1,368 | €1,025 | €1,093 | €491 | €241 | €219 | €299 | ▲ 36.7% |
| Profit (loss) for the period before taxes9903 | €4,824 | €28,660 | €17,465 | €51,477 | €44,206 | €63,098 | €59,071 | €20,539 | ▼ 65.2% |
| Income taxes67/77 | €4,328 | €2,323 | €2,511 | €17,575 | €5,240 | €7,840 | €6,756 | €4,551 | ▼ 32.6% |
| Profit (loss) for the period9904 | €496 | €26,337 | €14,954 | €33,902 | €38,965 | €55,257 | €52,315 | €15,988 | ▼ 69.4% |
| Profit (loss) for the period to be appropriated9905 | €496 | €26,337 | €14,954 | €33,902 | €38,965 | €55,257 | €52,315 | €15,988 | ▼ 69.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €89,196 | €136,570 | €147,586 | €146,925 | €148,862 | €167,322 | €171,405 | €167,835 | ▼ 2.1% |
| Fixed assets21/28 | €9,682 | €31,229 | €27,228 | €30,421 | €18,168 | €5,667 | €22,825 | €12,003 | ▼ 47.4% |
| Tangible fixed assets22/27 | €9,532 | €31,079 | €23,328 | €26,521 | €14,268 | €1,767 | €18,925 | €8,103 | ▼ 57.2% |
| Plant, machinery and equipment23 | - | - | - | €1,086 | €514 | €27 | €200 | €109 | ▼ 45.5% |
| Furniture and vehicles24 | - | - | - | €18,305 | €7,852 | €1,357 | €18,725 | €7,994 | ▼ 57.3% |
| Other tangible fixed assets26 | - | - | - | €7,130 | €5,902 | €383 | - | - | - |
| Financial fixed assets28 | €150 | €150 | €3,900 | €3,900 | €3,900 | €3,900 | €3,900 | €3,900 | = |
| Current assets29/58 | €79,515 | €105,341 | €120,357 | €116,503 | €130,694 | €161,655 | €148,580 | €155,832 | ▲ 4.9% |
| Amounts receivable after more than one year29 | - | - | - | - | - | - | - | €15,000 | - |
| Other amounts receivable291 | - | - | - | - | - | - | - | €15,000 | - |
| Stocks and contracts in progress3 | €16,605 | €22,248 | €20,432 | €9,919 | €7,003 | €13,152 | €22,390 | €11,963 | ▼ 46.6% |
| Stocks30/36 | - | - | - | €9,919 | €7,003 | €13,152 | €22,390 | €11,963 | ▼ 46.6% |
| Amounts receivable within one year40/41 | €52,023 | €61,121 | €60,826 | €65,921 | €62,948 | €15,541 | €40,480 | €47,906 | ▲ 18.3% |
| Trade receivables40 | - | - | - | €62,680 | €59,175 | €12,745 | €34,688 | €38,459 | ▲ 10.9% |
| Other amounts receivable41 | - | - | - | €3,241 | €3,773 | €2,796 | €5,792 | €9,448 | ▲ 63.1% |
| Cash at bank and in hand54/58 | €8,772 | €17,536 | €33,788 | €33,837 | €55,778 | €129,285 | €80,860 | €77,293 | ▼ 4.4% |
| Deferred charges and accrued income490/1 | - | - | - | €6,826 | €4,965 | €3,678 | €4,849 | €3,670 | ▼ 24.3% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €89,196 | €136,570 | €147,586 | €146,925 | €148,862 | €167,322 | €171,405 | €167,835 | ▼ 2.1% |
| Equity10/15 | €26,886 | €53,224 | €68,177 | €82,080 | €97,045 | €121,302 | €147,617 | €163,605 | ▲ 10.8% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €19,811 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €7,605 | €7,605 | €7,605 | €7,605 | €6,394 | €7,605 | €7,605 | €145,005 | ▲ 19× |
| Non-distributable reserves130/1 | - | - | - | €1,211 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,211 | - | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €6,394 | €6,394 | €6,394 | €6,394 | €6,394 | = |
| Distributable reserves133 | - | - | - | - | - | €1,211 | €1,211 | €138,611 | ▲ 114× |
| Profit (loss) carried forward14 | €681 | €27,019 | €41,973 | €55,875 | €70,840 | €95,097 | €121,412 | - | - |
| Amounts payable17/49 | €62,310 | €83,347 | €79,408 | €64,845 | €51,817 | €46,019 | €23,788 | €4,230 | ▼ 82.2% |
| Amounts payable after more than one year17 | - | €19,425 | €6,219 | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €62,310 | €44,925 | €73,189 | €64,845 | €51,817 | €46,019 | €23,788 | €4,230 | ▼ 82.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €6,257 | - | - | - | - | - |
| Trade debts44 | €22,196 | €33,346 | €54,375 | €19,430 | €2,567 | €6,717 | €8,640 | €1,971 | ▼ 77.2% |
| Suppliers440/4 | - | - | - | €19,430 | €2,567 | €6,717 | €8,640 | €1,971 | ▼ 77.2% |
| Taxes, remuneration and social security45 | - | - | - | €14,416 | €12,015 | €7,840 | €2,756 | €2,258 | ▼ 18.1% |
| Taxes450/3 | - | - | - | €8,606 | €4,500 | €7,840 | €2,756 | €2,258 | ▼ 18.1% |
| Remuneration and social security454/9 | - | - | - | €5,809 | €7,515 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €24,742 | €37,235 | €31,462 | €12,391 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €496 | €26,337 | €14,954 | €33,902 | €38,965 | €55,257 | €52,315 | €15,988 | ▼ 69.4% |
| + Depreciation and write-downs630 | €5,894 | €10,745 | €10,755 | €10,160 | €12,253 | €9,259 | €3,830 | €10,822 | ▲ 183% |
| Operating cash flow (approximation) | €6,390 | €37,082 | €25,709 | €44,063 | €51,218 | €64,516 | €56,145 | €26,810 | ▼ 52.2% |
| Investment in fixed assets (approximation) | - | -€32,292 | -€6,754 | -€13,353 | €0 | €3,243 | -€20,989 | €0 | - |
| Change in cash | - | €8,765 | €16,252 | €49 | €21,940 | €73,507 | -€48,424 | -€3,568 | ▲ 92.6% |
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, 34,693 companies had the same profile as DOMATICS has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.3%
was still going
3.9%
stopped otherwise
0.7%
went bankrupt
That fits the bankruptcy probability of DOMATICS itself: 0.1% within 12 months.
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 34,693 companies, not a prediction for DOMATICS. 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 18 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 14-07-2026 | 2026-00289885 | |
| 31-12-2024 | micro format | 08-09-2025 | 2025-00484969 | |
| 31-12-2023 | micro format | 19-09-2024 | 2024-00465248 | |
| 31-12-2022 | micro format | 29-08-2023 | 2023-00368700 | |
| 31-12-2021 | micro format | 13-08-2022 | 2022-20286697 | |
| 31-12-2020 | micro format | 28-10-2021 | 2021-74100362 | |
| 31-12-2019 | micro format | 06-10-2020 | 2020-59100435 | |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-60000495 | |
| 31-12-2017 | abbreviated format | 31-08-2018 | 2018-59700581 | |
| 31-12-2016 | abbreviated format | 31-08-2017 | 2017-57800007 |