REMOTEC
ActiveSummary
REMOTEC has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €1.8m. Equity is shrinking by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 13% of 2062 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2023
Profitability74▲+29
Solvency37▲+7
Growth85▲+30
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70,000 at 30 days acceptable
Liquidity tight (current ratio 1.16 against 1.05 in 2023; short-term debt: 67.3% and cash: 3.9% of total assets), and 88.4% 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
Six 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 2025Solvency, return and age of the figures
Solvency
11.6%
Return on assets
16.5%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 2062 sector peers (2025).
NBB · sector comparisonPosition among 2062 sector peers
Solvency
better than 13%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
18192021222325
2018 to 2025 · latest year €1.3m
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-12-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
44 d early
2023
12 d early
2022
31 d late
2021
4 d early
2020
30 d late
2019
38 d early
2018
13 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 7 days before the deadline; the sector median for financial year 2023 is 1 day before the deadline, and 44% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2025, full schema
In the rankings
#1 employer in Deinze, Construction sector#2 company by total assets in Deinze, Construction sector
Turnover
€31.3m▲ 44.5%
2023 · €21.7m
EBIT margin
8.5%▲ 5.1pp
2023 · 3.3%
Net result
€1.8m▲ 5,513%
2023 · €32,939
Working capital
€1.2m▲ 139%
2023 · €519,437
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
Line20202021202220232025
Turnover€13.1m€17.9m▲ 36.4%€21.7m▲ 21.3%€31.3m-
Operating result€71,788▼ 63.5%€283,728▲ 295%-€2.5m€725,432€2.6m-
Net result-€212,880below the sector's middle half€42,157within the sector's middle half-€3.0mbelow the sector's middle half€32,939within the sector's middle half€1.8mabove the sector's middle half-
EBIT margin2.2%-14.3%▼ 16.4pp3.3%▲ 17.6pp8.5%-
Equity€1.1mabove the sector's middle half▼ 16.1%€1.1mabove the sector's middle half▼ 5.2%€165,773within the sector's middle half▼ 84.2%€898,638above the sector's middle half▲ 442%€1.3mwithin the sector's middle half-
Total assets€11.4mabove the sector's middle half▲ 26.2%€13.8mabove the sector's middle half▲ 21.4%€15.4mabove the sector's middle half▲ 12.0%€17.4mabove the sector's middle half▲ 12.6%€11.2mabove the sector's middle half-
Debt€10.2m▲ 33.5%€12.7m▲ 24.3%€15.3m▲ 20.0%€16.5m▲ 7.9%€9.9m-
Working capital€1.4m▲ 46.2%€1.1m▼ 22.9%-€195,854€519,437€1.2m-
Solvency9.8%below the sector's middle half▼ 4.9pp7.6%below the sector's middle half▼ 2.1pp1.1%below the sector's middle half▼ 6.6pp5.2%below the sector's middle half▲ 4.1pp11.6%below the sector's middle half-
Staff (FTE)56.8above the sector's middle half▲ 8.2%66.7above the sector's middle half▲ 17.4%88.8above the sector's middle half▲ 33.1%85.6above the sector's middle half▼ 3.6%74.3above the sector's middle half-
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
The operating result is €2.6m in 2025, compared with €725,432 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €11.2m
Fixed assets
€2.4m ▼ 65.0%
Current assets
€8.8m ▼ 15.9%
Equity and liabilities €11.2m
Equity
€1.3m ▲ 44.4%
Provisions
€40,457
Debt
€9.9m ▼ 40.0%
Debt's share of the balance-sheet total falls from 94.8% to 88.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€3.2m▲
2023 · €1.6m
Cash flow
€2.4m▲
2023 · €862,109
Current ratio
1.16▲
2023 · 1.05
Quick ratio
1.02▲
2023 · 0.94
Debt to equity
7.62▼
2023 · 18.34
ROE
142.5%▲
2023 · 3.7%
ROA
16.5%▲
2023 · 0.2%
Interest coverage
4.99▲
2023 · 2.93
Debt ≤ 1 year
€7.6m▼
2023 · €9.9m
Debt > 1 year
€2.0m▼
2023 · €6.1m
Income taxes
€120,000▲
2023 · €5,593
Staff costs
€9.2m▲
2023 · €6.8m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 373 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.
- Medium-sized
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
0.3%
went bankrupt
2.7%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
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 373 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 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €14.2m | €18.9m | €23.1m | €36.6m | - |
| Turnover70 | - | €13.1m | €17.9m | €21.7m | €31.3m | - |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | €537,000 | €141,164 | -€65,447 | €80,670 | - |
| Own construction capitalised72 | - | - | - | €39,092 | €0 | - |
| Other operating income74 | - | €596,688 | €905,509 | €1.4m | €2.1m | - |
| Non-recurring operating income76A | - | €13,678 | €35,970 | €59,260 | €3.1m | - |
| Operating charges60/66A | - | €14.0m | €21.5m | €22.4m | €34.0m | - |
| Goods for resale, raw materials and consumables60 | - | €5.1m | €7.7m | €7.8m | €12.1m | - |
| Purchases600/8 | - | €5.6m | €7.6m | €7.9m | €12.0m | - |
| Change in stocks: decrease (increase)609 | - | -€473,802 | €112,568 | -€75,568 | €93,870 | - |
| Services and other goods61 | - | €4.1m | €5.8m | €6.6m | €10.7m | - |
| Remuneration, social security and pensions62 | - | €4.0m | €6.2m | €6.8m | €9.2m | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €614,427 | €654,468 | €734,527 | €829,171 | €596,264 | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €0 | €3,273 | €18,156 | €60,370 | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €40,457 | - |
| Other operating charges640/8 | - | €78,789 | €107,264 | €268,027 | €573,594 | - |
| Non-recurring operating charges66A | - | €3,165 | €883,452 | €88,968 | €656,309 | - |
| Gross operating margin9900 | €3.7m | - | - | - | - | - |
| Operating profit (loss)9901 | €71,788 | €283,728 | -€2.5m | €725,432 | €2.6m | - |
| Financial income75/76B | - | €19,904 | €18,678 | €37,612 | €210,097 | - |
| Recurring financial income75 | €19,213 | €19,904 | €18,678 | €37,612 | €210,097 | - |
| Income from current assets751 | - | €18,868 | €15,676 | €33,884 | €191,391 | - |
| Other financial income752/9 | - | €1,037 | €3,001 | €3,728 | €18,706 | - |
| Financial charges65/66B | - | €256,741 | €463,064 | €724,512 | €888,488 | - |
| Recurring financial charges65 | €299,085 | €256,741 | €402,578 | €724,512 | €888,488 | - |
| Debt charges650 | - | €181,320 | €265,139 | €530,989 | €649,462 | - |
| Other financial charges652/9 | - | €75,421 | €137,439 | €193,523 | €239,026 | - |
| Non-recurring financial charges66B | - | - | €60,486 | €0 | - | - |
| Profit (loss) for the period before taxes9903 | -€208,085 | €46,891 | -€3.0m | €38,532 | €2.0m | - |
| Income taxes67/77 | €4,795 | €4,734 | €5,148 | €5,593 | €120,000 | - |
| Taxes670/3 | - | €6,000 | €7,000 | €7,904 | €120,000 | - |
| Tax adjustments and reversals of tax provisions77 | - | €1,266 | €1,852 | €2,310 | €0 | - |
| Profit (loss) for the period9904 | -€212,880 | €42,157 | -€3.0m | €32,939 | €1.8m | - |
| Profit (loss) for the period to be appropriated9905 | -€212,880 | €42,157 | -€3.0m | €32,939 | €1.8m | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €11.4m | €13.8m | €15.4m | €17.4m | €11.2m | - |
| Formation expenses20 | - | - | €32,762 | €24,666 | €12,522 | - |
| Fixed assets21/28 | €5.3m | €5.0m | €7.1m | €6.9m | €2.4m | - |
| Intangible fixed assets21 | €253,630 | €360,423 | €497,935 | €434,607 | €297,644 | - |
| Tangible fixed assets22/27 | €4.5m | €4.1m | €6.1m | €5.9m | €751,271 | - |
| Land and buildings22 | - | €3.6m | €5.5m | €5.2m | €0 | - |
| Plant, machinery and equipment23 | - | €201,431 | €388,509 | €459,067 | €244,606 | - |
| Furniture and vehicles24 | - | €203,340 | €170,854 | €184,375 | €328,028 | - |
| Leasing and similar rights25 | - | €74,372 | €59,413 | €32,700 | €212 | - |
| Other tangible fixed assets26 | - | €6,080 | €5,714 | €11,777 | €157,135 | - |
| Assets under construction and advance payments27 | - | - | - | €104,567 | €21,291 | - |
| Financial fixed assets28 | €549,687 | €549,687 | €493,151 | €508,471 | €1.4m | - |
| Affiliated companies280/1 | - | €540,487 | €480,751 | €495,751 | €1.4m | - |
| Participating interests280 | - | €540,487 | €480,751 | €495,751 | €495,751 | - |
| Amounts receivable281 | - | - | - | - | €860,000 | - |
| Companies linked by participating interests282/3 | - | €750 | €0 | - | - | - |
| Participating interests282 | - | €750 | €0 | - | - | - |
| Other financial fixed assets284/8 | - | €8,450 | €12,400 | €12,720 | €5,870 | - |
| Amounts receivable and cash guarantees285/8 | - | €8,450 | €12,400 | €12,720 | €5,870 | - |
| Current assets29/58 | €6.0m | €8.8m | €8.3m | €10.5m | €8.8m | - |
| Amounts receivable after more than one year29 | - | €119,237 | €108,596 | €97,622 | €120,966 | - |
| Other amounts receivable291 | - | €119,237 | €108,596 | €97,622 | €120,966 | - |
| Stocks and contracts in progress3 | €578,097 | €1.9m | €1.1m | €1.1m | €1.1m | - |
| Stocks30/36 | - | €1.1m | €939,332 | €1.0m | €891,862 | - |
| Raw materials and consumables30/31 | - | €1.1m | €939,332 | €1.0m | €891,862 | - |
| Contracts in progress37 | - | €815,000 | €141,164 | €75,717 | €192,096 | - |
| Amounts receivable within one year40/41 | €4.1m | €5.8m | €6.7m | €8.8m | €6.8m | - |
| Trade receivables40 | - | €5.0m | €5.8m | €5.6m | €4.0m | - |
| Other amounts receivable41 | - | €806,037 | €918,980 | €3.2m | €2.7m | - |
| Cash at bank and in hand54/58 | €776,003 | €727,750 | €243,927 | €228,997 | €442,409 | - |
| Deferred charges and accrued income490/1 | - | €210,428 | €152,941 | €251,462 | €387,842 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €11.4m | €13.8m | €15.4m | €17.4m | €11.2m | - |
| Equity10/15 | €1.1m | €1.1m | €165,773 | €898,638 | €1.3m | - |
| Contributions10/11 | - | €18,592 | €18,592 | €718,592 | €1.7m | - |
| Revaluation surpluses12 | - | €385,234 | €2.5m | €2.4m | €0 | - |
| Reserves13 | €705,372 | €647,529 | €1,859 | €88,788 | €88,788 | - |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | - |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €1,859 | €1,859 | - |
| Distributable reserves133 | - | €645,670 | €0 | €86,928 | €86,928 | - |
| Profit (loss) carried forward14 | - | - | -€2.4m | -€2.3m | -€470,025 | - |
| Provisions and deferred taxes16 | - | - | - | - | €40,457 | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €40,457 | - |
| Other liabilities and charges164/5 | - | - | - | - | €40,457 | - |
| Amounts payable17/49 | €10.2m | €12.7m | €15.3m | €16.5m | €9.9m | - |
| Amounts payable after more than one year17 | €5.6m | €5.1m | €6.4m | €6.1m | €2.0m | - |
| Financial debts170/4 | - | €5.1m | €6.4m | €6.1m | €2.0m | - |
| Subordinated loans170 | - | - | €1.5m | €1.6m | €1.7m | - |
| Leasing and similar obligations172 | - | €33,393 | €17,854 | €2,098 | €0 | - |
| Credit institutions173 | - | €5.0m | €4.8m | €4.4m | €263,936 | - |
| Amounts payable within one year42/48 | €4.6m | €7.6m | €8.5m | €9.9m | €7.6m | - |
| Current portion of amounts payable after more than one year42 | - | €867,301 | €617,895 | €482,448 | €180,894 | - |
| Financial debts43 | - | €2.8m | €3.6m | €4.7m | €3.3m | - |
| Credit institutions430/8 | - | €2.8m | €3.6m | €4.7m | €3.3m | - |
| Trade debts44 | €1.1m | €3.3m | €2.5m | €3.2m | €2.5m | - |
| Suppliers440/4 | - | €3.3m | €2.5m | €3.2m | €2.5m | - |
| Advances received on contracts in progress46 | - | - | - | €264,090 | €133,307 | - |
| Taxes, remuneration and social security45 | - | €604,218 | €906,136 | €982,364 | €855,778 | - |
| Taxes450/3 | - | €25,244 | €46,117 | €44,805 | €212,960 | - |
| Remuneration and social security454/9 | - | €578,974 | €860,019 | €937,560 | €642,818 | - |
| Other amounts payable47/48 | - | €100,000 | €858,399 | €291,633 | €525,891 | - |
| Accrued charges and deferred income492/3 | - | €27,339 | €427,650 | €471,725 | €318,450 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€212,880 | €42,157 | -€3.0m | €32,939 | €1.8m | - |
| + Depreciation and write-downs630 | €614,427 | €654,468 | €734,527 | €829,171 | €596,264 | - |
| Operating cash flow (approximation) | €401,547 | €696,625 | -€2.3m | €862,109 | €2.4m | - |
| Investment in fixed assets (approximation) | - | -€364,395 | -€2.8m | -€590,311 | - | - |
| Change in cash | - | -€48,253 | -€483,823 | -€14,929 | - | - |
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
18-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
30-06
Financial
Highest result since 2018net €1.8m ▲5,513%
Operating result €2.6m, net result €1.8m, both a record.
30-06
Financial
Equity above €1mEq €1.3m ▲44.4%
2 profitable years in a row build equity to €1.3m.
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €32,939
Net result €32,939 after one loss-making year.
31-12
Financial
Equity above €500,000Eq €898,638 ▲442%
Equity rises from €165,773 to €898,638.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet -€3.0m
Net result drops to -€3.0m, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €42,157
Net result €42,157 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
01-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 15 acts read
About the unread acts
We know of 15 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
15 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, Deinze · 1 establishment unit since 2002
Ground area
3,465 m²
Building footprint
1,189 m²
Volume, LiDAR
6,841 m³
Parcel 44011A0608/00K000, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Clemence Dosschestraat 44, 9800 Deinze
since 20022.235.671.044
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44011A0608/00K000indicative | Flanders | 3,465 m² | 1 · 1,189 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 owner · 3 holdingsChain of control
- GROUP REMOTEC
- REMOTEC
Highest known parent: GROUP REMOTEC. The sources do not say who stands above it.
Owners 1
- GROUP REMOTECparent100%
Holdings 3
-
100%
-
100%
-
100%
According to the annual accounts to 30-06-2025 of REMOTEC and those 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 · 7 entries · 58,805 EUR awarded · 33,520 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 2,588 EUR | 15,063 EUR |
| 2024 | 1 | 3,061 EUR | 2,801 EUR |
| 2023 | 2 | 51,518 EUR | 14,018 EUR |
| 2022 | 1 | 1,638 EUR | 1,638 EUR |
Recognitions · licences · registrations
Recognised contractor
6 categoriesREMOTEC BV41752
Dual-learning approval
3 endedOnderhoudsmedewerker (vwo)
Onderhoudsmedewerker duaal (so)
Polyvalent onderhoudswerker gebouwen (so)
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BE 0835.329.653
Tienen · Eq €1,144,197
LANNEAU KURT
BE 0663.587.787
Anzegem · Eq €1,109,589
MAES INDUSTRIELE VERLICHTING
BE 0440.442.950
Zandhoven · Eq €1,093,976
Of 1,123 companies in sector 43212 we hold annual accounts for 420. 146 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
Founded31-03-1983
Fiscal year end30-06
Activities, NACEBEL 2025
22260Manufacture of rubber and plastic products
43212Electrical installation work in industrial facilities
42110Construction of roads and motorways
46649Wholesale of other machinery and equipment
77110Renting and leasing of cars and light motor vehicles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0423853178
Registered
22-05-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.