DR Engines
The computed 12-month bankruptcy probability of DR Engines is 1.6% (moderate). The 2024 annual accounts show negative equity (€-3k) and a net result of €6k. Its solvency ranks better than 23% of 924 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-3k |
| Net result | €6k |
| Better than sector | 23% |
| Active | 4 yrs |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -4.1% | 24.6% | |
| Net result | €6k | €5k | |
| Equity | €-3k | €17k | |
| Gross operating margin | €21k | €27k | |
| Staff costs | €1k | €28k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €14k |
| Net profit | €6k |
| Cash flow | €13k |
| Staff costs | €1k |
| Income taxes | - |
| Dividends | - |
| Total assets | €79k |
| Equity | €-3k |
| Debt | €82k |
| of which ≤ 1y | €82k |
| of which > 1y | - |
| Working capital | €-51k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.37 |
| Quick ratio | 0.23 |
| Working capital ratio | -65.2% |
| Solvency | -4.1% |
| Debt / equity | -25.59 |
| Long-term debt ratio | - |
| Interest coverage | 64.32 |
| Gross margin | - |
| Net margin | - |
| ROA | 7.8% |
| ROE | -191.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €79k |
| Fixed assets | 21/28 | €48k |
| Tangible fixed assets | 22/27 | €42k |
| Financial fixed assets | 28 | €6k |
| Current assets | 29/58 | €31k |
| Stocks & contracts in progress | 3 | €11k |
| Amounts receivable within one year | 40/41 | €18k |
| Cash & bank | 54/58 | €1k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €79k |
| Equity | 10/15 | €-3k |
| Contributions / capital | 10/11 | €5k |
| Accumulated profits (losses) | 14 | €-8k |
| Amounts payable | 17/49 | €82k |
| Amounts payable within one year | 42/48 | €82k |
| Trade debts payable within one year | 44 | €45k |
| Income statement | ||
| Gross operating margin | 9900 | €21k |
| Operating result | 9901 | €6k |
| Financial income | 75 | €22 |
| Financial charges | 65 | €210 |
| Result before taxes | 9903 | €6k |
| Net result for the period | 9904 | €6k |
| Result to be appropriated | 9905 | €6k |
| NACE primary | 95311 |
| Legal form | Private limited company(610) |
| Incorporation | 13-06-2022 |
| Status | Active |
| Postal code | 2610 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11463D0395/00F000 | Flanders | 392 m² | 1 · 187 m² | 9.8 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
23-09-2024 Roy Paenen resigns as director
- Roy Paenen, Bestuurder
Technical details
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"evidence_quote": "De algemene vergadering beslist tot het ontslag van Roy Paenen als niet-statutaire bestuurder, en dit met ingang op 01/06/2024. De algemene vergadering verleent deze persoon kwijting voor de uitoefening van diens mandaat.",
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}28-09-2023 Publication in the Belgian Official Gazette, Minor change
Technical details
{
"notary": {
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},
"agm_change": {
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"effective_from_year": null,
"rule_changes_summary": "Artikel 1 is aangepast om de vennootschap de vorm van een besloten vennootschap te geven en de naam te wijzigen."
},
"detected_kind": "agm_rules_change",
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"mandate_renewal": null,
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"afschrift van de akte",
"co\u00F6rdinatie van statuten"
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"fiscal_year_change": null,
"liquidation_closure": null,
"officer_designation": null,
"special_procuration": null,
"is_volet_a_only_stub": false,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | DR Engines |