DYMOTEC
ActiveSummary
DYMOTEC has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.2m and a net result of €231,699. Equity is growing by ~7.9% per year across the filed fiscal years. Its solvency ranks better than 39% of 3551 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability59▼-14
Solvency58▼-7
Growth68▲+16
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120,000 at 30 days acceptable
Liquidity ample (current ratio 1.55 against 1.6 in 2023; short-term debt: 60.2% and cash: 4.5% of total assets), but 67.4% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five 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 · 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
32.6%
Return on assets
3.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-09-2025, 54 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
54 d late
2023
19 d late
2022
31 d late
2021
31 d late
2020
10 d late
2019
27 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 29 days after 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 (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check 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 Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Financials · fiscal year 2024, full schema
In the rankings
#2 employer in Olen, Construction sector#5 company by equity in Olen, Construction sector#8 company by total assets in Olen, Construction sector
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€20.3m▲ 189%
2018 · €7.0m
EBIT margin
1.8%▼ 7.6pp
2018 · 9.4%
Net result
€231,699▲ 59.6%
2023 · €145,199
Working capital
€2.2m▲ 30.0%
2023 · €1.7m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€20.3m
Operating result€595,372▲ 63.6%€346,336▼ 41.8%€7,345▼ 97.9%€181,867▲ 2,376%€363,257▲ 99.7%
Net result€434,597above the sector's middle half▲ 86.8%€278,473above the sector's middle half▼ 35.9%€20,155within the sector's middle half▼ 92.8%€145,199above the sector's middle half▲ 620%€231,699above the sector's middle half▲ 59.6%
EBIT margin1.8%
Equity€1.5mabove the sector's middle half▲ 6.7%€1.8mabove the sector's middle half▲ 16.7%€1.8mabove the sector's middle half▲ 1.1%€1.9mabove the sector's middle half▲ 8.1%€2.2mabove the sector's middle half▲ 12.0%
Total assets€3.8mabove the sector's middle half▲ 3.7%€3.6mabove the sector's middle half▼ 5.4%€3.7mabove the sector's middle half▲ 2.7%€4.8mabove the sector's middle half▲ 28.7%€6.6mabove the sector's middle half▲ 38.4%
Debt€2.2m▲ 2.6%€1.8m▼ 20.3%€1.9m▲ 10.4%€2.9m▲ 47.6%€4.5m▲ 56.3%
Working capital€1.5m▼ 13.4%€1.8m▲ 19.1%€1.6m▼ 11.0%€1.7m▲ 6.6%€2.2m▲ 30.0%
Solvency39.5%within the sector's middle half▲ 1.1pp48.7%within the sector's middle half▲ 9.2pp47.9%within the sector's middle half▼ 0.7pp40.3%within the sector's middle half▼ 7.6pp32.6%within the sector's middle half▼ 7.7pp
Staff (FTE)46above the sector's middle half▲ 0.2%49.3above the sector's middle half▲ 7.2%47.2above the sector's middle half▼ 4.3%50.1above the sector's middle half▲ 6.1%53.5above the sector's middle half▲ 6.8%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 100% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6.6m
Fixed assets
€435,547 ▲ 57.2%
Current assets
€6.2m ▲ 37.3%
Equity and liabilities €6.6m
Equity
€2.2m ▲ 12.0%
Debt
€4.5m ▲ 56.3%
Debt's share of the balance-sheet total rises from 59.7% to 67.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€482,086▲
2023 · €266,881
Cash flow
€350,528▲
2023 · €230,213
Current ratio
1.55▼
2023 · 1.60
Quick ratio
1.36▲
2023 · 1.10
Debt to equity
2.07▲
2023 · 1.48
ROE
10.7%▲
2023 · 7.5%
ROA
3.5%▲
2023 · 3.0%
Interest coverage
9.63▼
2023 · 10.68
Debt ≤ 1 year
€4.0m▲
2023 · €2.8m
Debt > 1 year
€476,683▲
2023 · €41,310
Income taxes
€75,362▲
2023 · €29,040
Staff costs
€3.7m▲
2023 · €3.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,832 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 98% are still going.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.1%
went bankrupt
2.0%
stopped otherwise
98%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,832 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | - | €20.0m | - |
| Turnover70 | - | - | - | - | €20.3m | - |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | - | - | -€528,914 | - |
| Other operating income74 | - | - | - | - | €268,102 | - |
| Non-recurring operating income76A | - | €2,479 | €1,772 | €3,015 | €908 | ▼ 69.9% |
| Operating charges60/66A | - | - | - | - | €19.6m | - |
| Goods for resale, raw materials and consumables60 | - | - | - | - | €13.4m | - |
| Purchases600/8 | - | - | - | - | €13.3m | - |
| Change in stocks: decrease (increase)609 | - | - | - | - | €125,027 | - |
| Services and other goods61 | - | - | - | - | €2.4m | - |
| Remuneration, social security and pensions62 | - | €2.8m | €2.9m | €3.4m | €3.7m | ▲ 7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €137,361 | €149,145 | €90,246 | €85,013 | €118,829 | ▲ 39.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €5,978 | - | - | - |
| Other operating charges640/8 | - | €17,317 | €24,060 | €38,809 | €21,835 | ▼ 43.7% |
| Non-recurring operating charges66A | - | €1,625 | €76,890 | - | - | - |
| Gross operating margin9900 | €3.4m | €3.3m | €3.1m | €3.7m | - | - |
| Operating profit (loss)9901 | €595,372 | €346,336 | €7,345 | €181,867 | €363,257 | ▲ 99.7% |
| Financial income75/76B | - | €11,030 | €17,267 | €17,362 | €8,651 | ▼ 50.2% |
| Recurring financial income75 | €16,779 | €11,030 | €17,267 | €17,362 | €8,651 | ▼ 50.2% |
| Income from current assets751 | - | - | - | - | €6,802 | - |
| Other financial income752/9 | - | - | - | - | €1,849 | - |
| Financial charges65/66B | - | €35,102 | €27,870 | €24,989 | €64,846 | ▲ 159% |
| Recurring financial charges65 | €38,271 | €35,102 | €27,870 | €24,989 | €64,846 | ▲ 159% |
| Debt charges650 | - | - | - | - | €50,055 | - |
| Other financial charges652/9 | - | - | - | - | €14,791 | - |
| Profit (loss) for the period before taxes9903 | €573,880 | €322,263 | -€3,259 | €174,240 | €307,061 | ▲ 76.2% |
| Transfer from deferred taxes780 | - | €40,343 | €105,242 | - | - | - |
| Income taxes67/77 | €152,996 | €84,133 | €81,829 | €29,040 | €75,362 | ▲ 160% |
| Taxes670/3 | - | - | - | - | €75,362 | - |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | €0 | - |
| Profit (loss) for the period9904 | €434,597 | €278,473 | €20,155 | €145,199 | €231,699 | ▲ 59.6% |
| Transfer from tax-exempt reserves789 | - | - | €204,385 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €461,228 | €278,473 | €224,540 | €145,199 | €231,699 | ▲ 59.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.8m | €3.6m | €3.7m | €4.8m | €6.6m | ▲ 38.4% |
| Fixed assets21/28 | €766,592 | €743,124 | €221,561 | €277,083 | €435,547 | ▲ 57.2% |
| Tangible fixed assets22/27 | €766,592 | €743,124 | €211,061 | €266,583 | €425,047 | ▲ 59.4% |
| Land and buildings22 | - | - | - | €3,794 | €3,402 | ▼ 10.3% |
| Plant, machinery and equipment23 | - | €2,768 | €2,388 | €21,666 | €156,210 | ▲ 621% |
| Furniture and vehicles24 | - | €190,453 | €208,673 | €241,123 | €265,434 | ▲ 10.1% |
| Leasing and similar rights25 | - | €506,895 | - | - | - | - |
| Other tangible fixed assets26 | - | €43,008 | - | - | - | - |
| Financial fixed assets28 | - | - | €10,500 | €10,500 | €10,500 | = |
| Other financial fixed assets284/8 | - | - | - | - | €10,500 | - |
| Amounts receivable and cash guarantees285/8 | - | - | - | - | €10,500 | - |
| Current assets29/58 | €3.1m | €2.9m | €3.5m | €4.5m | €6.2m | ▲ 37.3% |
| Stocks and contracts in progress3 | €115,404 | €369,559 | €1.2m | €1.4m | €746,261 | ▼ 46.7% |
| Stocks30/36 | - | €177,659 | €250,812 | €246,340 | €121,313 | ▼ 50.8% |
| Goods purchased for resale34 | - | - | - | - | €121,313 | - |
| Contracts in progress37 | - | €191,900 | €942,854 | €1.2m | €624,948 | ▼ 45.8% |
| Amounts receivable within one year40/41 | €2.4m | €2.4m | €2.1m | €2.8m | €5.0m | ▲ 77.6% |
| Trade receivables40 | - | €2.0m | €2.0m | €2.8m | €4.0m | ▲ 44.3% |
| Other amounts receivable41 | - | €424,782 | €68,527 | €13,503 | €955,189 | ▲ 6,974% |
| Cash at bank and in hand54/58 | €222,108 | €68,614 | €243,064 | €283,359 | €297,631 | ▲ 5.0% |
| Deferred charges and accrued income490/1 | - | - | €2,826 | €15,119 | €154,695 | ▲ 923% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.8m | €3.6m | €3.7m | €4.8m | €6.6m | ▲ 38.4% |
| Equity10/15 | €1.5m | €1.8m | €1.8m | €1.9m | €2.2m | ▲ 12.0% |
| Contributions10/11 | €62,469 | €62,469 | €62,469 | €62,469 | €62,469 | = |
| Capital10 | - | - | - | - | €62,469 | - |
| Issued capital100 | - | - | - | - | €62,469 | - |
| Reserves13 | €240,385 | €213,754 | €1.7m | €1.9m | €2.1m | ▲ 12.5% |
| Non-distributable reserves130/1 | - | €6,247 | €6,247 | €6,247 | €6,247 | = |
| Legal reserve130 | - | - | - | - | €6,247 | - |
| Other1319 | - | €6,247 | €6,247 | €6,247 | - | - |
| Tax-exempt reserves132 | - | €207,508 | €3,123 | €3,123 | €3,123 | = |
| Distributable reserves133 | - | - | €1.7m | €1.9m | €2.1m | ▲ 12.6% |
| Profit (loss) carried forward14 | €1.2m | €1.5m | €1,842 | €2,041 | €0 | ▼ 100% |
| Provisions and deferred taxes16 | €118,955 | €105,242 | - | - | - | - |
| Deferred taxes168 | - | €105,242 | - | - | - | - |
| Amounts payable17/49 | €2.2m | €1.8m | €1.9m | €2.9m | €4.5m | ▲ 56.3% |
| Amounts payable after more than one year17 | €604,348 | €542,978 | €26,338 | €41,310 | €476,683 | ▲ 1,054% |
| Financial debts170/4 | - | €542,978 | €26,338 | €41,310 | €476,683 | ▲ 1,054% |
| Credit institutions173 | - | - | - | - | €476,683 | - |
| Amounts payable within one year42/48 | €1.6m | €1.1m | €1.9m | €2.8m | €4.0m | ▲ 41.6% |
| Current portion of amounts payable after more than one year42 | - | €61,370 | €22,773 | €26,599 | €0 | ▼ 100% |
| Financial debts43 | - | €159,616 | €115,642 | €270,254 | €0 | ▼ 100% |
| Credit institutions430/8 | - | €159,616 | €115,642 | €270,254 | €0 | ▼ 100% |
| Trade debts44 | €601,984 | €362,557 | €1.0m | €1.3m | €2.7m | ▲ 113% |
| Suppliers440/4 | - | €362,557 | €1.0m | €1.3m | €2.7m | ▲ 113% |
| Advances received on contracts in progress46 | - | €135,535 | €318,981 | €723,255 | €651,120 | ▼ 10.0% |
| Taxes, remuneration and social security45 | - | €292,507 | €417,378 | €542,140 | €662,537 | ▲ 22.2% |
| Taxes450/3 | - | €109,595 | €79,527 | €136,431 | €187,948 | ▲ 37.8% |
| Remuneration and social security454/9 | - | €182,912 | €337,851 | €405,709 | €474,588 | ▲ 17.0% |
| Other amounts payable47/48 | - | €84,000 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | €116,276 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €434,597 | €278,473 | €20,155 | €145,199 | €231,699 | ▲ 59.6% |
| + Depreciation and write-downs630 | €137,361 | €149,145 | €90,246 | €85,013 | €118,829 | ▲ 39.8% |
| Operating cash flow (approximation) | €571,958 | €427,619 | €110,401 | €230,213 | €350,528 | ▲ 52.3% |
| Investment in fixed assets (approximation) | - | -€125,677 | €431,316 | -€140,535 | -€277,293 | ▼ 97.3% |
| Change in cash | - | -€153,494 | €174,450 | €40,295 | €14,271 | ▼ 64.6% |
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
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 54 days late
2024
31-12
Financial
Equity above €2mEq €2.2m ▲12%
7 profitable years in a row build equity to €2.2m.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 19 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €20,155 ▼92.8%
Net result drops to €20,155, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 10 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
2016
19-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
12 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, Olen · 1 establishment unit since 2000
Ground area
7,576 m²
Building footprint
2,025 m²
Volume, LiDAR
20,298 m³
2 parcels, Flanders · tallest building 20.4 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Dymotec
since 20002.080.729.974
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13029F0640/00X000 | Flanders | 6,098 m² | 1 · 2,025 m² | 20.4 m · 3 fl. |
| 13029E0551/00S000 | Flanders | 1,478 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
3 ownersChain of control
- Jeco Energies
- DYMOTEC
Highest known parent: Jeco Energies. The sources do not say who stands above it.
Owners 3
- Jeco Energiesparent100%
- Sourceaccounts DNMV 202315%
-
15%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 28,527 EUR awarded · 28,630 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 5,118 EUR | 5,118 EUR |
| 2024 | 1 | 7,689 EUR | 7,500 EUR |
| 2023 | 1 | 6,527 EUR | 6,909 EUR |
| 2022 | 2 | 9,193 EUR | 9,103 EUR |
European research
2 projects · 605,242 EUR EU contributionProgrammes
Projects
Recycling technology to introduce rubber from End-of-Life Tyres into production lines as virgin rubbers substitute
SUStainable INsect CHAIN
Recognitions · licences · registrations
Recognised contractor
4 categoriesDYMOTEC NV41386
Dual-learning approval
2 live approvals · 2 endedElektrotechnicus (vwo)
Elektrotechnicus duaal (so)
Show 2 ended approvals
Elektrotechnicus (vwo)
Elektrotechnicus duaal (so)
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Of 22,831 companies in sector 43211 we hold annual accounts for 10,329. 2,721 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded10-02-1997
Fiscal year end31-12
Activities, NACEBEL 2025
33200Installation of industrial machinery and equipment
43211General electrical installation work
46500Wholesale of information and communication equipment
47400Retail sale of information and communication equipment
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0460004088
Registered
05-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.