DEN DRIES
ActiveThe computed 12-month bankruptcy probability of DEN DRIES is 2.5% (moderate). The 2025 annual accounts show negative equity (€-88k) and a net result of €-20k. Equity is shrinking by ~23.8% per year across the filed fiscal years. Its solvency ranks better than 15% of 13204 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
21
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability6▼-40
Solvency0=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.01 against 0.0 in 2024; short-term debt: 79.4% and cash: 0.1% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven 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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-46.5%
Return on assets
-10.4%
Age of the figures
18 mo
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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
192021232425
2019 to 2025 · latest year €-88k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
54 d late
2023
33 d early
2021
27 d early
2020
31 d early
2019
2 d early
2018
33 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close19-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€-88k▼ 28.8%
2024 · €-69k
2019: €-10k
2020: €-25k
2021: €-38k
2023: €-72k
2024: €-69k
2019 → 2025
Total assets
€190k▼ 3.0%
2024 · €196k
2019: €265k
2020: €246k
2021: €228k
2023: €205k
2024: €196k
2019 → 2025
Net result
€-20k
2024 · €3k
2019: €-14k
2020: €-16k
2021: €-12k
2023: €-15k
2024: €3k
2019 → 2025
Working capital
€-150k▼ 37.8%
2024 · €-109k
2019: €-54k
2020: €-69k
2021: €-79k
2023: €-119k
2024: €-109k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Equity€-25k-€-38k▼ 47.9%€-72k▼ 90.6%€-69k▲ 4.6%€-88k▼ 28.8%
Operating result€-11k-€-7k▲ 37.9%€-10k▼ 54.8%€8k€-15k
Net result€-16k-€-12k▲ 23.2%€-15k▼ 23.1%€3k€-20k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €15k after €8k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €190k
Fixed assets
€189k▼ 3.4%
Current assets
€938▲ 632%
Key figures and ratios
EBITDA
€-8k▼
2024 · €15k
Cash flow
€-13k▼
2024 · €10k
Solvency
-46.5%▼
2024 · -35.0%
Current ratio
0.01▲
2024 · 0.00
Quick ratio
0.01▲
2024 · 0.00
Debt / equity
-3.15▲
2024 · -3.86
ROA
-10.4%▼
2024 · 1.7%
Interest coverage
-1.84▼
2024 · 3.06
Debt
€278k▲
2024 · €264k
Debt ≤ 1 year
€151k▲
2024 · €109k
Debt > 1 year
€127k▼
2024 · €156k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€196k€190k▼
Formation expenses20-€0
Fixed assets21/28€196k€189k▼
Tangible fixed assets22/27€196k€189k▼
Land and buildings22€196k€189k▼
Plant, machinery and equipment23-€0
Furniture and vehicles24-€0
Current assets29/58€128€938▲
Amounts receivable within one year40/41-€796
Other amounts receivable41-€796
Cash at bank and in hand54/58€128€142▲
Equity and liabilities
Total equity and liabilities10/49€196k€190k▼
Equity10/15€-69k€-88k▼
Contributions10/11€19k€19k=
Reserves13€4k€4k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€552€552=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-92k€-111k▼
Amounts payable17/49€264k€278k▲
Amounts payable after more than one year17€156k€127k▼
Financial debts170/4€156k€127k▼
Amounts payable within one year42/48€109k€151k▲
Current portion of amounts payable after more than one year42€10k€24k▲
Trade debts44-€7k
Suppliers440/4-€7k
Other amounts payable47/48€99k€120k▲
Income statement
Code20242025
Remuneration, social security and pensions62€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▼
Other operating charges640/8-€2k
Gross operating margin9900€17k€-7k▼
Operating profit (loss)9901€8k€-15k▼
Financial charges65/66B€5k€5k▼
Recurring financial charges65€5k€5k▼
Profit (loss) for the period before taxes9903€3k€-20k▼
Profit (loss) for the period9904€3k€-20k▼
Profit (loss) for the period to be appropriated9905€3k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-92k€-111k▼
Profit (loss) brought forward from the previous period14P€-95k€-92k▲
The notes to these accounts (5 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
28-08
State Gazette act
Registered officeGeneral meeting · Registered-office move2 facts ▸
State Gazette act
Registered office
General meeting · Registered-office move2 facts ▸
- General meeting, 2026-08-20
- Registered-office move, Luchthavenlaan 27, 1800 Vilvoorde
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet €-20k ▼703%
Net result drops to €-20k, the lowest in the series.
2024
24-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
31-03
Financial
Back to profitnet €3k
Net result €3k after 4 loss-making years.
2023
28-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2021
04-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
24-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2016
21-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
28-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Vilvoorde · 1 establishment unit since 2011
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.
Luchthavenlaan 271800 VilvoordeGround area
1,543 m²
Building footprint
1,509 m²
Volume, LiDAR
15,462 m³
2 parcels, Flanders · tallest building 13.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
DEN DRIES
since 20112.203.780.909
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23644H0058/00L000 | Flanders | 1,375 m² | 1 · 1,372 m² | 13.1 m · 4 fl. |
| 23018C0124/00G002 | Flanders | 168 m² | 1 · 137 m² | 9.9 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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 31,440 EUR awarded · 31,440 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 26,240 EUR | 26,240 EUR |
| 2022 | 1 | 5,200 EUR | 5,200 EUR |
Schemes
Hinderpremie bij openbare werken
Similar companies · same sector, comparable size
Elcali
BE 0791.757.748
Herselt · Eq €5k
F&B SOLUTIONS
BE 1021.688.429
Torhout · Eq €5k
BERRIN
BE 0754.976.041
Antwerpen · Eq €5k
GEDECA
BE 0861.117.696
Hooglede · Eq €5k
LEAL.LA
BE 0818.633.280
Brussel · Eq €5k
Of 14,025 companies in sector 56301 we hold annual accounts for 4,894. 2,718 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded23-09-2011
Fiscal year end31-03
Activities, NACEBEL
56301Cafés and bars
93293Sports, amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.