D.R. PRODUCTS
Open bankruptcyA bankruptcy procedure is open for D.R. PRODUCTS according to publications in the Belgian State Gazette; curator: STEFAN SNEPVANGERS.
Summary
The 2025 annual accounts show equity of €74k and a net result of €-27k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
22232425
2022 to 2025 · latest year €-27k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 4867 sector peers (2025).
NBB · sector comparisonPosition among 4867 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
7 d early
2024
28 d early
2023
69 d late
2022
70 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-27k▲ 65.9%
2024 · €-80k
2022: €-14k
2023: €-55k
2024: €-80k
2022 → 2025
Working capital
€-20k
2024 · €49k
2022: €184k
2023: €127k
2024: €49k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€238k-€182k▼ 23.3%€102k▼ 44.1%€74k▼ 27.0%
Operating result€6k-€-43k€-65k▼ 51.7%€-20k▲ 68.4%
Net result€-14k-€-55k▼ 297%€-80k▼ 45.3%€-27k▲ 65.9%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €20k in 2025 against €65k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €490k
Fixed assets
€159k ▲ 21.9%
Current assets
€330k ▼ 13.2%
Equity and liabilities €490k
Equity
€74k ▼ 27.0%
Debt
€415k ▲ 1.4%
Debt's share of the balance-sheet total rises from 80.1% to 84.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-9k▲
2024 · €-47k
Cash flow
€-16k▲
2024 · €-63k
Current ratio
0.94▼
2024 · 1.15
Quick ratio
0.81▼
2024 · 0.86
Debt to equity
5.58▲
2024 · 4.02
ROE
-36.9%▲
2024 · -79.0%
ROA
-5.6%▲
2024 · -15.7%
Interest coverage
-0.84▲
2024 · -3.72
Debt ≤ 1 year
€350k▲
2024 · €332k
Debt > 1 year
€65k▼
2024 · €78k
Income taxes
€45▼
2024 · €3k
Staff costs
€46k▼
2024 · €109k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€511k€490k▼
Fixed assets21/28€131k€159k▲
Tangible fixed assets22/27€131k€159k▲
Plant, machinery and equipment23€34k€64k▲
Furniture and vehicles24€5k€4k▼
Other tangible fixed assets26€22k€20k▼
Assets under construction and advance payments27€70k€70k=
Current assets29/58€381k€330k▼
Amounts receivable after more than one year29€9k€0▼
Other amounts receivable291€9k€0▼
Stocks and contracts in progress3€95k€48k▼
Stocks30/36€95k€48k▼
Amounts receivable within one year40/41€219k€214k▼
Trade receivables40€218k€208k▼
Other amounts receivable41€518€6k▲
Cash at bank and in hand54/58€28k€69k▲
Deferred charges and accrued income490/1€30k€0▼
Equity and liabilities
Total equity and liabilities10/49€511k€490k▼
Equity10/15€102k€74k▼
Contributions10/11€75k€75k=
Capital10€75k€75k=
Issued capital100€75k€75k=
Reserves13€163k€163k=
Non-distributable reserves130/1€4k€4k=
Reserves not available under the articles1311€4k€4k=
Distributable reserves133€159k€159k=
Profit (loss) carried forward14€-136k€-163k▼
Amounts payable17/49€410k€415k▲
Amounts payable after more than one year17€78k€65k▼
Financial debts170/4€78k€65k▼
Amounts payable within one year42/48€332k€350k▲
Financial debts43€164k€13k▼
Credit institutions430/8€164k€13k▼
Trade debts44€39k€275k▲
Suppliers440/4€39k€275k▲
Taxes, remuneration and social security45€54k€29k▼
Taxes450/3€31k€28k▼
Remuneration and social security454/9€23k€213▼
Other amounts payable47/48€75k€33k▼
Income statement
Code20242025
Remuneration, social security and pensions62€109k€46k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€11k▼
Other operating charges640/8€2k€6k▲
Gross operating margin9900€64k€42k▼
Operating profit (loss)9901€-65k€-20k▲
Financial income75/76B€0€4k▲
Recurring financial income75€0€4k▲
Non-recurring financial income76B€0-
Financial charges65/66B€13k€11k▼
Recurring financial charges65€13k€11k▼
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€-77k€-27k▲
Income taxes67/77€3k€45▼
Profit (loss) for the period9904€-80k€-27k▲
Profit (loss) for the period to be appropriated9905€-80k€-27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-136k€-163k▼
Profit (loss) brought forward from the previous period14P€-55k€-136k▼
Social balance
Average headcount (FTE)90871.60.9▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-08
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · D.R. PRODUCTS NV MICHEL GEYSEMANSSTRAAT 1, 2550 KONTICH · event 13-08-2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-80k
Net result drops to €-80k, the lowest in the series.
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 69 days late
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 70 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Kontich · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Michel Geysemansstraat 12550 KontichGround area
1.6 ha
Building footprint
6,017 m²
Volume, LiDAR
38,092 m³
2 parcels, Flanders · tallest building 11.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
D.R. PRODUCTS
since 20222.326.453.641
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11048A0022/00F000 | Flanders | 1.5 ha | 1 · 5,842 m² | 8.0 m · 2 fl. |
| 11041B0226/00Z000 | Flanders | 908 m² | 1 · 175 m² | 11.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | STEFAN SNEPVANGERS GROTE STEENWEG 154,
2600 BERCHEM (ANTWERPEN) |
13-08-2026 → present |
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Of 471 companies in sector 46442 we hold annual accounts for 334. 198 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded13-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
46442Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.