ACTIVE

DRYTECH

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Financial year 2024 · closed on 31/12/2024
Net result
207,6 k €
+168.7% YoY
Gross margin
622,7 k €
+84.0% YoY
Equity
88,5 k €
+9.4% YoY
Workforce
3,3 ETP
+17.9% YoY

What does DRYTECH do?

DRYTECH is a Private limited company incorporated in 2011. Its main activity is: Specialised construction activities. Its registered office is in Houthulst. It employs on average 3,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0838.049.118
Incorporation
22/07/2011
Legal form
Private limited company
Registered office
7e-Geniestraat 23A
8650 Houthulst · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2024
Average workforce
3,3 ETP
Activities (NACE)
43421Specialised construction activities· main43991Other specialised construction activities n.e.c.41001Construction of buildings41201Construction of residential and non-residential buildings43230Electrical, plumbing and other construction installation activities43240Electrical, plumbing and other construction installation activities+6
Joint committees (2)
  • 124
  • 12400
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20242023202220212018201720162015201420132012
Income statement
Gross margin622,7 k €338,4 k €243,4 k €226,3 k €126,9 k €88,9 k €85,4 k €28,4 k €54,4 k €33,3 k €91,4 k €
EBITDA343,5 k €143,4 k €70,6 k €71,8 k €70,2 k €63,4 k €82,5 k €27,3 k €53 k €32,4 k €90,2 k €
Operating result305,8 k €114,8 k €49,2 k €59,1 k €55 k €45,8 k €67,9 k €6,9 k €39,7 k €20,9 k €84,4 k €
Net result207,6 k €77,3 k €31 k €36,5 k €48,5 k €43,9 k €47,6 k €11,2 k €17,1 k €13,6 k €56,1 k €
Balance sheet
Equity88,5 k €80,9 k €103,6 k €172,6 k €218 k €189,5 k €165,6 k €118 k €106,8 k €89,7 k €76,1 k €
Total assets627,1 k €399,2 k €400 k €486,4 k €270,2 k €234,5 k €204,8 k €139,6 k €127,9 k €114,2 k €108,9 k €
Cash213,6 k €52,4 k €30,8 k €39,7 k €63,1 k €33,4 k €32,2 k €14,8 k €22,8 k €29,2 k €63,7 k €
Debts538,6 k €318,3 k €296,4 k €311,9 k €52,3 k €45 k €39,2 k €21,6 k €21,1 k €24,5 k €32,8 k €
Other
Workforce3,3 ETP2,8 ETP2,9 ETP3,1 ETP–––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 4 ended

Active mandates

Iljona

Manager · since 01 janvier 2020 · 0738.838.211

Represented by Demeulenaere JOHN

Active

Ended mandates

Iljona

Director · since 01 janvier 2020 · 0738.838.211

Represented by Demeulenaere John

Ended
Iljona

Manager · since 01 janvier 2020 · 0738.838.211

Represented by Demeulenaere John

Ended
John Demeulenaere

Manager · since 22 juillet 2011 · until 31 décembre 2019

Ended
JOHN DEMEULENAERE

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
BTW-eenheid Drytech● Active
0745.608.415
Iljona● Active
0738.838.211
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date19/08/202524/06/202424/08/202316/08/202227/08/202108/09/2020
General meeting09/08/202524/06/202424/08/202318/07/202221/08/202103/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202409/08/202519/08/2025DutchPDF
Abridged model31/12/202324/06/202424/06/2024DutchPDF
Abridged model31/12/202224/08/202324/08/2023DutchPDF
Abridged model31/12/202118/07/202216/08/2022DutchPDF
Abridged model31/12/202021/08/202127/08/2021DutchPDF
Micro model31/12/201903/09/202008/09/2020DutchPDF
Micro model31/12/201822/06/201915/07/2019DutchPDF
Micro model31/12/201723/06/201825/09/2018DutchPDF
Abridged model30/09/201618/03/201729/03/2017DutchPDF
Abridged model30/09/201519/03/201629/04/2016DutchPDF
Abridged model30/09/201421/03/201529/05/2015DutchPDF
Abridged model30/09/201322/03/201427/05/2014DutchPDF
Abridged model30/09/201223/03/201330/04/2013DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 4 ended

Active mandates

Iljona

Manager · since 01 janvier 2020 · 0738.838.211

Represented by Demeulenaere JOHN

Active

Ended mandates

Iljona

Director · since 01 janvier 2020 · 0738.838.211

Represented by Demeulenaere John

Ended
Iljona

Manager · since 01 janvier 2020 · 0738.838.211

Represented by Demeulenaere John

Ended
John Demeulenaere

Manager · since 22 juillet 2011 · until 31 décembre 2019

Ended
JOHN DEMEULENAERE

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates13/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/04/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL
    PDF
  • Mandates23/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/06/2017
    BOEKJAAR
    PDF
  • Other03/08/2011
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024207,6 k €↑
  2. 2023
    Annual accounts 202377,3 k €↑
  3. 2022
    Annual accounts 202231 k €↓
  4. 2021
    Annual accounts 202136,5 k €↓
  5. 2018
    Annual accounts 201848,5 k €↑
  6. 2017
    Annual accounts 201743,9 k €↓
  7. 2016
    Annual accounts 201647,6 k €↑
  8. 2015
    Annual accounts 201511,2 k €↓
  9. 2014
    Annual accounts 201417,1 k €↑
  10. 2013
    Annual accounts 201313,6 k €↓
  11. 2012
    Annual accounts 201256,1 k €
  12. 22/07/2011
    IncorporationPrivate limited company