DOTECH
ActiveSummary
DOTECH has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €546,867 and a net result of €92,456. Equity is growing by about 30% per year across the filed financial years. Its solvency ranks better than 51% of 9,816 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Financials · financial year 2025, abbreviated format
Turnover
€231,120▲ 14.9%
2023 · €201,120
EBIT margin
64.1%▲ 3.6pp
2023 · 60.5%
Net result
€92,456▼ 0.6%
2024 · €93,055
Working capital
-€176,471▼ 5.4%
2024 · -€167,369
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result has risen four years in a row; 2025 is 1% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€0.2m
2024
Operating result€0.1m
2025
Net result€0.09m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.2m
2025
Equity€0.5m
2025
Debt€0.7m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.2m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin64.1%
2024
Return on assets (ROA)7.5%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency44.7%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.44
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€0.09m-€0.1m▲ 50.1%€0.1m▲ 11.0%€0.1m▼ 10.1%€0.1m▲ 5.4%€0.2m▲ 42.0%€0.2m▲ 14.9%
Operating result€0.05m-€0.08m▲ 64.2%€0.09m▲ 9.7%€0.07m▼ 17.3%€0.08m▲ 9.0%€0.1m▲ 55.2%€0.1m▲ 21.7%€0.1m▲ 0.8%
Net result€0.03m-€0.06m▲ 94.6%€0.07mabove the sector's middle half▲ 11.0%€0.06mabove the sector's middle half▼ 19.6%€0.06mabove the sector's middle half▲ 12.2%€0.08mabove the sector's middle half▲ 25.7%€0.09mabove the sector's middle half▲ 18.6%€0.09mwithin the sector's middle half▼ 0.6%
EBIT margin53.8%-58.9%▲ 5.0pp58.2%▼ 0.7pp53.5%▼ 4.6pp55.4%▲ 1.9pp60.5%▲ 5.1pp64.1%▲ 3.6pp
Equity€0.04m-€0.1m▲ 155%€0.2mabove the sector's middle half▲ 64.1%€0.2mabove the sector's middle half▲ 31.0%€0.3mabove the sector's middle half▲ 28.4%€0.4mabove the sector's middle half▲ 27.7%€0.5mabove the sector's middle half▲ 25.8%€0.5mwithin the sector's middle half▲ 20.3%
Total assets€0.08m-€0.1m▲ 63.9%€0.2mwithin the sector's middle half▲ 69.1%€0.3mwithin the sector's middle half▲ 17.6%€0.4mabove the sector's middle half▲ 38.8%€1.2mabove the sector's middle half▲ 245%€1.2mabove the sector's middle half▼ 0.2%€1.2mwithin the sector's middle half▼ 0.8%
Debt€0.04m-€0.03m▼ 29.9%€0.05m▲ 87.8%€0.04m▼ 26.0%€0.08m▲ 98.8%€0.9m▲ 12×€0.8m▼ 10.9%€0.7m▼ 13.1%
Working capital€0.03m-€0.08m▲ 145%€0.1mabove the sector's middle half▲ 72.1%€0.2mabove the sector's middle half▲ 36.1%€0.2mabove the sector's middle half▲ 27.0%-€0.2mbelow the sector's middle half-€0.2mbelow the sector's middle half▼ 2.0%-€0.2mbelow the sector's middle half▼ 5.4%
Solvency50.6%-78.9%▲ 28.2pp76.5%above the sector's middle half▼ 2.3pp85.2%above the sector's middle half▲ 8.7pp78.8%above the sector's middle half▼ 6.4pp29.2%within the sector's middle half▼ 49.6pp36.8%within the sector's middle half▲ 7.6pp44.7%within the sector's middle half▲ 7.8pp
Current ratio2.32-4.00▲ 1.695.79above the sector's middle half▲ 1.788.34above the sector's middle half▲ 2.567.50above the sector's middle half▼ 0.850.44below the sector's middle half▼ 7.060.45below the sector's middle half▲ 0.010.44below the sector's middle half▼ 0.01
Return on assets (ROA)40.4%-48.0%▲ 7.6pp31.5%above the sector's middle half▼ 16.5pp21.5%above the sector's middle half▼ 10.0pp17.4%above the sector's middle half▼ 4.1pp6.3%within the sector's middle half▼ 11.1pp7.5%within the sector's middle half▲ 1.2pp7.5%within the sector's middle half=
above
within
below
the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€1.1m ▼ 0.8%
Current assets
€137,183 ▼ 0.7%
Equity and liabilities €1.2m
Equity
€546,867 ▲ 20.3%
Debt
€677,807 ▼ 13.1%
Debt's share of the balance-sheet total falls from 63.2% to 55.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€161,395▲
2024 · €159,636
Cash flow
€104,433▼
2024 · €104,488
Debt to equity
1.24▼
2024 · 1.72
ROE
16.9%▼
2024 · 20.5%
Interest coverage
8.17▲
2024 · 6.85
Debt ≤ 1 year
€313,653▲
2024 · €305,453
Debt > 1 year
€364,154▼
2024 · €474,615
Income taxes
€37,212▲
2024 · €31,968
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €89,724 | €134,661 | €149,498 | €134,400 | €141,602 | €201,120 | €231,120 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €66,478 | €71,727 | €70,237 | €83,914 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €8,371 | €9,132 | €1,472 | €11,433 | €11,433 | €11,977 | ▲ 4.8% |
| Other operating charges640/8 | - | - | - | €1,019 | €1,163 | €1,051 | €1,103 | €1,443 | ▲ 30.9% |
| Gross operating margin9900 | €49,115 | €79,719 | €96,981 | €82,092 | €81,073 | €134,231 | €160,738 | €162,839 | ▲ 1.3% |
| Operating profit (loss)9901 | €48,282 | €79,255 | €86,952 | €71,941 | €78,437 | €121,747 | €148,202 | €149,418 | ▲ 0.8% |
| Financial income75/76B | - | - | - | - | - | - | €128 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | €0 | - | - | - | €128 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €427 | €508 | €22,246 | €23,308 | €19,750 | ▼ 15.3% |
| Recurring financial charges65 | €1,050 | €795 | €594 | €427 | €508 | €22,246 | €23,308 | €19,750 | ▼ 15.3% |
| Profit (loss) for the period before taxes9903 | €47,232 | €78,460 | €86,359 | €71,515 | €77,929 | €99,501 | €125,022 | €129,668 | ▲ 3.7% |
| Income taxes67/77 | €15,198 | €16,131 | €17,167 | €15,877 | €15,512 | €21,058 | €31,968 | €37,212 | ▲ 16.4% |
| Profit (loss) for the period9904 | €32,034 | €62,329 | €69,191 | €55,638 | €62,418 | €78,443 | €93,055 | €92,456 | ▼ 0.6% |
| Profit (loss) for the period to be appropriated9905 | €32,034 | €62,329 | €69,191 | €55,638 | €62,418 | €78,443 | €93,055 | €92,456 | ▼ 0.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.08m | €0.1m | €0.2m | €0.3m | €0.4m | €1.2m | €1.2m | €1.2m | ▼ 0.8% |
| Fixed assets21/28 | €0.02m | €0.02m | €0.05m | €0.04m | €0.08m | €1.1m | €1.1m | €1.1m | ▼ 0.8% |
| Tangible fixed assets22/27 | €0 | - | €0.03m | €0.02m | €0.06m | €0.04m | €0.03m | €0.02m | ▼ 27.1% |
| Furniture and vehicles24 | - | - | - | €0.02m | €0.06m | €0.04m | €0.03m | €0.02m | ▼ 27.1% |
| Financial fixed assets28 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €1.1m | €1.1m | €1.1m | = |
| Current assets29/58 | €0.06m | €0.1m | €0.2m | €0.2m | €0.3m | €0.1m | €0.1m | €0.1m | ▼ 0.7% |
| Amounts receivable within one year40/41 | €0.03m | €0.01m | €0.03m | €0.03m | €0.02m | €0.02m | €0.02m | €0.02m | ▼ 2.9% |
| Trade receivables40 | - | - | - | €0.03m | €0.01m | €0.02m | €0.02m | €0.02m | ▼ 0.3% |
| Other amounts receivable41 | - | - | - | €0.003m | €0.004m | €161 | €0.001m | - | - |
| Cash at bank and in hand54/58 | €0.02m | €0.1m | €0.1m | €0.2m | €0.3m | €0.1m | €0.1m | €0.1m | ▼ 0.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.08m | €0.1m | €0.2m | €0.3m | €0.4m | €1.2m | €1.2m | €1.2m | ▼ 0.8% |
| Equity10/15 | €0.04m | €0.1m | €0.2m | €0.2m | €0.3m | €0.4m | €0.5m | €0.5m | ▲ 20.3% |
| Contributions10/11 | €0.01m | €0.01m | - | €0.01m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.05m | €0.1m | ▲ 178% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €0.002m | €0.05m | €0.1m | ▲ 178% |
| Profit (loss) carried forward14 | €0.03m | €0.09m | €0.2m | €0.2m | €0.3m | €0.3m | €0.4m | €0.4m | = |
| Amounts payable17/49 | €0.04m | €0.03m | €0.05m | €0.04m | €0.08m | €0.9m | €0.8m | €0.7m | ▼ 13.1% |
| Amounts payable after more than one year17 | €0.01m | - | €0.02m | €0.01m | €0.04m | €0.6m | €0.5m | €0.4m | ▼ 23.3% |
| Financial debts170/4 | - | - | - | €0.01m | €0.04m | €0.6m | €0.5m | €0.4m | ▼ 23.3% |
| Amounts payable within one year42/48 | €0.03m | €0.03m | €0.03m | €0.03m | €0.04m | €0.3m | €0.3m | €0.3m | ▲ 2.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.01m | €0.02m | €0.1m | €0.1m | €0.1m | ▲ 2.5% |
| Financial debts43 | - | - | - | - | - | €0.07m | - | - | - |
| Credit institutions430/8 | - | - | - | - | - | €0.07m | - | - | - |
| Trade debts44 | €0.001m | - | €93 | €99 | €36 | €0.002m | €0.001m | €0.002m | ▲ 125% |
| Suppliers440/4 | - | - | - | €99 | €36 | €0.002m | €0.001m | €0.002m | ▲ 125% |
| Taxes, remuneration and social security45 | - | - | - | €0.01m | €0.007m | €0.01m | €0.02m | €0.03m | ▲ 44.5% |
| Taxes450/3 | - | - | - | €0.01m | €0.007m | €0.01m | €0.02m | €0.03m | ▲ 33.9% |
| Remuneration and social security454/9 | - | - | - | - | - | - | - | €0.002m | - |
| Other amounts payable47/48 | - | - | - | €0.006m | €0.006m | €0.1m | €0.2m | €0.2m | ▼ 3.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.03m | €0.06m | €0.07m | €0.06m | €0.06m | €0.08m | €0.09m | €0.09m | ▼ 0.6% |
| + Depreciation and write-downs630 | - | - | €0.008m | €0.009m | €0.001m | €0.01m | €0.01m | €0.01m | ▲ 4.8% |
| Operating cash flow (approximation) | €0.03m | €0.06m | €0.08m | €0.06m | €0.06m | €0.09m | €0.1m | €0.1m | ▼ 0.1% |
| Investment in fixed assets (approximation) | - | €0 | -€0.04m | €0 | -€0.04m | -€1.0m | €0 | -€0.003m | - |
| Change in cash | - | €0.08m | €0.05m | €0.05m | €0.08m | -€0.2m | €0.009m | -€203 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 03-07-2026 | 2026-00248296 |
| 31-12-2024 | micro format | 23-07-2025 | 2025-00298150 |
| 31-12-2023 | micro format | 16-08-2024 | 2024-00347324 |
| 31-12-2022 | micro format | 20-07-2023 | 2023-00254791 |
| 31-12-2021 | micro format | 10-07-2022 | 2022-20167919 |
| 31-12-2020 | micro format | 02-08-2021 | 2021-45600345 |
| 31-12-2019 | micro format | 14-07-2020 | 2020-30400594 |
| 31-12-2018 | micro format | 24-07-2019 | 2019-37100338 |
| 31-12-2017 | micro format | 08-08-2018 | 2018-44300400 |
| 31-12-2016 | micro format | 22-06-2017 | 2017-20300364 |
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Of the 22,640 active companies whose main activity is general electrical installation work (NACE 43211), figures are known for 10,525. 6,286 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.