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REMOTEC

Active
Private limited companyfounded 1983active for 43 yearsClemence Dosschestraat 44, 9800 Deinze, BelgiumKBO/BCE: BE 0423.853.178
Summary

The computed 12-month bankruptcy probability of REMOTEC is 2.2% (moderate). The 2025 annual accounts show equity of €1.3m and a net result of €1.8m. Equity is shrinking by about 6.3% per year across the filed financial years. Its solvency ranks better than 13% of 2,406 sector peers (NACE 43, financial year 2025). The company has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Electrical installation work in industrial facilities
NACE 43212Manufacture of rubber and plastic products NACE 22260
Largest employer in Deinze, Construction sector1 site
Size
€31.3mturnover 2025
Staff
74.3 FTE
Equity
€1.3m
Profit
€1.8m
Financial health
52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.2%
Structure
Parent
GROUP REMOTEC · 100%
Holdings
3
Accounts 44 days early4 of 16 deeds read
Why 52raises riskLiquidity: current ratio 1.16, cash €442,409Equity €1.3m (11.6% of total assets)1 change of registered office in 24 monthsSector: Specialised construction activities (NACE 43)Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 35% of its sector peers (NACE 43, medium-sized)
Financial strength · tick = 2023
Weak
Solvency 37+7
equity 11.6% of total assets
Liquidity 19-3
short-term debt 67.3% · cash 3.9%
Profitability 74+29
return on assets 16.5%
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (243 companies, NACE 43, medium-sized)
Last 24 months 11-2024: 2.8% 12-2024: 2.8%● unchanged vs 11-2024 01-2025: 2.8%● unchanged vs 12-2024 02-2025: 2.8%● unchanged vs 01-2025 03-2025: 2.7%▼ -0.1 percentage points vs 02-2025 04-2025: 2.8%▲ +0.1 percentage points vs 03-2025 05-2025: 3.3%▲ +0.5 percentage points vs 04-2025 06-2025: 3.3%● unchanged vs 05-2025 07-2025: 3.4%▲ +0.1 percentage points vs 06-2025 08-2025: 3.7%▲ +0.3 percentage points vs 07-2025 09-2025: 4.6%▲ +0.9 percentage points vs 08-2025 10-2025: 6.3%▲ +1.7 percentage points vs 09-2025 11-2025: 6.4%▲ +0.1 percentage points vs 10-2025 12-2025: 6.7%▲ +0.3 percentage points vs 11-2025highest value 01-2026: 2.3%▼ -4.4 percentage points vs 12-2025 02-2026: 2.3%● unchanged vs 01-2026 03-2026: 2.3%● unchanged vs 02-2026 04-2026: 2.3%● unchanged vs 03-2026 05-2026: 2.3%● unchanged vs 04-2026 06-2026: 2.3%● unchanged vs 05-2026 07-2026: 2.3%● unchanged vs 06-2026 08-2026: 2.2%▼ -0.1 percentage points vs 07-2026 09-2026: 2.2%● unchanged vs 08-2026lowest value 10-2026: 2.2%● unchanged vs 09-2026
Credit of up to €65,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.16, compared with 1.05 in 2023, below the usual 1.5; short-term debt: 67.3% and cash: 3.9% of total assets), and 88.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, medium-sized): better than 12% on solvency, 20% on liquidity and 73% on profitability.

The bankruptcy probability was computed on 15-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.16, cash €442,409
NBB · annual accounts
raises risk · Equity €1.3m (11.6% of total assets)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 2406 sector peers (2025).
NBB · sector comparison
Position among 2406 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 2025
Equity 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 filings
Deviation from the deadline
2025
44 days early
2023
12 days early
2022
31 days late
2021
4 days early
2020
30 days late
2019
38 days early
2018
13 days 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 (NACE 43) for financial year 2023 is 1 day before the deadline, and 44% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignations: Luc Wattez (director) and TILLSIGN…Appointments: LOUIS VAN PARYS BV…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Appointment: Luc WATTEZ (director)Gazette deed

Key points

  • Caution: Board changedlatest change 02-10-2026 · 2 in office 2 joined · 2 left View
  • Positive: Largest employer in Deinze, Construction sectorin the Checked rankings No. 1 View
  • Controlled by GROUP REMOTECthe company in turn controls 3 companies 100% View
  • Positive: 3 years of growth in a rowturnover 2025: €31.3m 3 years View
  • Flemish supportawarded from 2022 to 2025 €58,805 View

By topic

Financials

Financial year
2025
Turnover
€31.3m
Profit
€1.8m
Solvency
11.6%
Turnover▲ 44.5%
Net result
20212025
Go to Financials

Board & ownership

Board
2 members
Parent
GROUP REMOTEC · 100%
  • LOUIS VAN PARYSDirector
  • MAXIM VAN PARYSDirector
Go to Board & ownership

Timeline

Events
52
Since
1984
  1. 30-06-2025Highest result from 2018 to 2025
  2. 30-06-2025Equity above €1m
  3. 28-04-2025Miscellaneous
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Electrical installation work in industrial facilitiesNACE 43212
Founded
31-03-1983
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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