A DRONE LOGISTICS COMPANY
A DRONE LOGISTICS COMPANY has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-843k) and a net result of €-889k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 9253 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
| Equity | €-843k |
| Net result | €-889k |
| Staff (FTE) | 3.9 |
| Better than sector | 5% |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -41.7% | 54.6% | |
| Net result | €-889k | €17k | |
| Equity | €-843k | €67k | |
| Gross operating margin | €-306k | €40k | |
| Staff costs | €300k | €33k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €-606k | €22k | €27k | €11k |
| Net profit | €-889k | €-3k | €16k | €756 |
| Cash flow | €-660k | €57k | €42k | €2k |
| Staff costs | €300k | €55k | €14k | - |
| Income taxes | - | - | €656 | €307 |
| Dividends | - | - | - | - |
| Total assets | €2.02M | €202k | €380k | €387k |
| Equity | €-843k | €97k | €136k | €135k |
| Debt | €2.86M | €105k | €244k | €252k |
| of which ≤ 1y | €209k | €105k | €115k | €9k |
| of which > 1y | €2.08M | - | - | - |
| Working capital | €1.64M | €-15k | €117k | €365k |
| Employees (FTE) | 3.9 | - | - | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 8.83 | 0.86 | 2.01 | 39.97 |
| Quick ratio | 8.83 | 0.86 | 2.01 | 39.97 |
| Working capital ratio | 81.1% | -7.4% | 30.8% | 94.2% |
| Solvency | -41.7% | 48.1% | 35.7% | 34.9% |
| Debt / equity | -3.40 | 1.08 | 1.80 | 1.86 |
| Long-term debt ratio | -2.47 | - | - | - |
| Interest coverage | -5.20 | 216.91 | 423.95 | 64.58 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -44.0% | -1.6% | 4.3% | 0.2% |
| ROE | 105.3% | -3.3% | 12.0% | 0.6% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €2.02M | €202k | €380k | €387k |
| Fixed assets | 21/28 | €173k | €112k | €147k | €13k |
| Intangible fixed assets | 21 | €100k | - | - | - |
| Tangible fixed assets | 22/27 | €73k | €109k | €144k | €13k |
| Financial fixed assets | 28 | €0 | €3k | €3k | - |
| Current assets | 29/58 | €1.85M | €90k | €232k | €374k |
| Amounts receivable within one year | 40/41 | €545k | €60k | €149k | €339k |
| Cash & bank | 54/58 | €1.27M | €23k | €73k | €35k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.02M | €202k | €380k | €387k |
| Equity | 10/15 | €-843k | €97k | €136k | €135k |
| Contributions / capital | 10/11 | €30k | €30k | €30k | €30k |
| Accumulated profits (losses) | 14 | €-875k | €14k | €17k | €756 |
| Amounts payable | 17/49 | €2.86M | €105k | €244k | €252k |
| Amounts payable after one year | 17 | €2.08M | - | - | - |
| Amounts payable within one year | 42/48 | €209k | €105k | €115k | €9k |
| Trade debts payable within one year | 44 | €148k | €76k | €109k | €9k |
| Income statement | |||||
| Gross operating margin | 9900 | €-306k | €78k | €47k | €12k |
| Operating result | 9901 | €-835k | €-38k | €1k | €11k |
| Financial income | 75 | €63k | €35k | €16k | €627 |
| Financial charges | 65 | €117k | €102 | €63 | €177 |
| Result before taxes | 9903 | €-889k | €-3k | €17k | €1k |
| Income taxes | 67/77 | - | - | €656 | €307 |
| Net result for the period | 9904 | €-889k | €-3k | €16k | €756 |
| Result to be appropriated | 9905 | €-889k | €-3k | €16k | €756 |
-
Kyriakos VlachosDirectorState Gazette act 25037400 (19-03-2025)Current24-01-2025 → present
| NACE primary | Engineering and related technical consultancy, excluding land surveyors(71121) |
| Legal form | Private limited company(610) |
| Incorporation | 17-11-2021 |
| Status | Active |
| Postal code | 2000 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11002A1949/03A000 | Flanders | 1,528 m² | 1 · 1,528 m² | 40.4 m · 12 fl. |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
19-03-2025 Kyriakos Vlachos appointed as director
- Kyriakos Vlachos, Bestuurder
Technical details
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}18-05-2022 Registered office moved from Zaventem to Antwerpen
- Ikaroslaan 1, 1930 Zaventem → The Beacon Sint Pietersvliet 7 2000 Antwerpen
Technical details
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}| Legal nameNL | A DRONE LOGISTICS COMPANY |
| AbbreviationNL | ADLC |