DR LOGISTICS
ActiveSummary
The annual accounts of DR LOGISTICS for fiscal year 2025 show a net loss of 91% of the equity at the start of that year. The 2025 annual accounts show equity of €14,348 and a net result of -€148,649. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 1060 sector peers (fiscal year 2025). The company has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability4▼-75
Solvency26▼-8
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.88 against 0.64 in 2024; short-term debt: 76.6% and cash: 22.2% of total assets), and 98.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← 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
1.2%
Return on assets
-12.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 1060 sector peers (2025).
NBB · sector comparisonPosition among 1060 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
on the day
2023
2 d early
2022
24 d late
2021
31 d late
2020
31 d late
2019
84 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 28 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
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. Usually files around 24 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
In the rankings
#8 oldest company in the province of Liège, Repair of computers and personal goods sector
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€148,649
2024 · €146,127
Working capital
-€108,696▲ 77.8%
2024 · -€489,122
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€121,710€246,425€200,759▼ 18.5%€277,166▲ 38.1%-€90,723
Net result-€148,812below the sector's middle half-€3,837below the sector's middle half▲ 97.4%€85,193within the sector's middle half€146,127within the sector's middle half▲ 71.5%-€148,649below the sector's middle half
Equity-€64,486below the sector's middle half-€68,323below the sector's middle half▼ 6.0%€16,870below the sector's middle half€162,997within the sector's middle half▲ 866%€14,348below the sector's middle half▼ 91.2%
Total assets€2.2mwithin the sector's middle half▼ 36.9%€1.8mwithin the sector's middle half▼ 17.3%€1.7mwithin the sector's middle half▼ 6.6%€1.8mwithin the sector's middle half▲ 6.9%€1.2mwithin the sector's middle half▼ 33.4%
Debt€2.3m▼ 24.2%€1.9m▼ 16.2%€1.7m▼ 10.5%€1.7m▼ 1.4%€1.2m▼ 27.9%
Working capital-€91,118below the sector's middle half▲ 77.9%-€508,855below the sector's middle half▼ 458%-€440,804below the sector's middle half▲ 13.4%-€489,122below the sector's middle half▼ 11.0%-€108,696below the sector's middle half▲ 77.8%
Solvency-2.9%below the sector's middle half▼ 16.9pp-3.7%below the sector's middle half▼ 0.8pp1.0%below the sector's middle half▲ 4.7pp8.8%below the sector's middle half▲ 7.9pp1.2%below the sector's middle half▼ 7.7pp
Current ratio0.94within the sector's middle half▲ 0.140.64below the sector's middle half▼ 0.310.65below the sector's middle half▲ 0.020.64below the sector's middle half▼ 0.010.88below the sector's middle half▲ 0.25
Return on assets (ROA)-6.7%below the sector's middle half▼ 9.7pp-0.2%below the sector's middle half▲ 6.5pp4.9%within the sector's middle half▲ 5.2pp7.9%within the sector's middle half▲ 3.0pp-12.1%below the sector's middle half▼ 20.0pp
Staff (FTE)31.4above the sector's middle half▼ 9.8%24.6above the sector's middle half▼ 21.7%23.2above the sector's middle half▼ 5.7%21.1above the sector's middle half▼ 9.1%18.6above the sector's middle half▼ 11.8%
above
within
below
the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €90,723 after €277,166 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€395,786 ▼ 59.5%
Current assets
€830,909 ▼ 4.0%
Equity and liabilities €1.2m
Equity
€14,348 ▼ 91.2%
Provisions
€4,166 ▼ 9.4%
Debt
€1.2m ▼ 27.9%
Debt's share of the balance-sheet total rises from 90.9% to 98.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€20,144▼
2024 · €374,459
Cash flow
-€78,070▼
2024 · €243,419
Debt to equity
84.20▲
2024 · 10.28
Interest coverage
-0.33▼
2024 · 8.22
Debt ≤ 1 year
€939,605▼
2024 · €1.4m
Debt > 1 year
€268,323▼
2024 · €320,538
Income taxes
€1,000▼
2024 · €88,805
Staff costs
€1.0m▼
2024 · €1.1m
A ratio outside any meaningful range has been withheld (balance sheet total €1.2m, equity €14,348).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 175 companies that looked in July 2024 the way this one looks now, 5.7% went bankrupt within 24 months and 85% are still going.
- Small
- 20 years or older
- solvency under 10%
- a loss of 10% of the balance sheet or more
5.7%
went bankrupt
8.6%
stopped otherwise
85%
still going
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 175 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €1.3m | €1.1m | €1.1m | €1.1m | €1.0m | ▼ 3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €409,873 | €266,762 | €135,522 | €97,293 | €70,579 | ▼ 27.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €21,208 | €16,891 | €4,071 | -€810 | ▼ 120% |
| Other operating charges640/8 | €205,400 | €167,208 | €148,178 | €133,929 | €119,174 | ▼ 11.0% |
| Non-recurring operating charges66A | €0 | - | - | - | €596,502 | - |
| Gross operating margin9900 | €1.8m | €1.8m | €1.6m | €1.6m | €1.7m | ▲ 9.0% |
| Operating profit (loss)9901 | -€121,710 | €246,425 | €200,759 | €277,166 | -€90,723 | ▼ 133% |
| Financial income75/76B | €25,785 | €215 | €148 | €339 | €3,061 | ▲ 804% |
| Recurring financial income75 | €91 | €215 | €148 | €339 | €3,061 | ▲ 804% |
| Non-recurring financial income76B | €25,694 | - | - | - | - | - |
| Financial charges65/66B | €63,247 | €83,855 | €47,021 | €45,564 | €60,420 | ▲ 32.6% |
| Recurring financial charges65 | €63,247 | €83,855 | €47,021 | €45,564 | €60,420 | ▲ 32.6% |
| Profit (loss) for the period before taxes9903 | -€159,172 | €162,785 | €153,886 | €231,941 | -€148,082 | ▼ 164% |
| Transfer from deferred taxes780 | €21,590 | €17,003 | €8,340 | €2,991 | €433 | ▼ 85.5% |
| Income taxes67/77 | €11,230 | €183,625 | €77,033 | €88,805 | €1,000 | ▼ 98.9% |
| Profit (loss) for the period9904 | -€148,812 | -€3,837 | €85,193 | €146,127 | -€148,649 | ▼ 202% |
| Transfer from tax-exempt reserves789 | €121,919 | €51,009 | €32,019 | €12,973 | €1,298 | ▼ 90.0% |
| Transfer to tax-exempt reserves689 | €0 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€26,893 | €47,172 | €117,212 | €159,100 | -€147,351 | ▼ 193% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.2m | €1.8m | €1.7m | €1.8m | €1.2m | ▼ 33.4% |
| Fixed assets21/28 | €720,901 | €956,720 | €896,580 | €977,257 | €395,786 | ▼ 59.5% |
| Intangible fixed assets21 | €5,494 | €3,121 | €20,236 | €14,936 | €10,597 | ▼ 29.0% |
| Tangible fixed assets22/27 | €593,182 | €311,374 | €197,221 | €268,197 | €275,008 | ▲ 2.5% |
| Land and buildings22 | €84,602 | €73,098 | - | - | - | - |
| Plant, machinery and equipment23 | €3,183 | €2,547 | €1,910 | €1,273 | €637 | ▼ 50.0% |
| Furniture and vehicles24 | €432,934 | €183,966 | €73,707 | €153,390 | €173,203 | ▲ 12.9% |
| Leasing and similar rights25 | €34,463 | €22,286 | - | - | - | - |
| Other tangible fixed assets26 | €38,000 | €29,479 | €121,604 | €113,534 | €101,169 | ▼ 10.9% |
| Financial fixed assets28 | €122,225 | €642,225 | €679,124 | €694,124 | €110,180 | ▼ 84.1% |
| Current assets29/58 | €1.5m | €888,718 | €826,862 | €865,761 | €830,909 | ▼ 4.0% |
| Amounts receivable within one year40/41 | €1.1m | €490,268 | €496,920 | €529,706 | €505,645 | ▼ 4.5% |
| Trade receivables40 | €476,131 | €468,262 | €478,798 | €508,060 | €486,078 | ▼ 4.3% |
| Other amounts receivable41 | €583,513 | €22,006 | €18,122 | €21,646 | €19,567 | ▼ 9.6% |
| Current investments50/53 | - | - | €293,727 | - | - | - |
| Cash at bank and in hand54/58 | €414,366 | €359,867 | €87 | €285,668 | €272,318 | ▼ 4.7% |
| Deferred charges and accrued income490/1 | €37,610 | €38,583 | €36,128 | €50,387 | €52,946 | ▲ 5.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.2m | €1.8m | €1.7m | €1.8m | €1.2m | ▼ 33.4% |
| Equity10/15 | -€64,486 | -€68,323 | €16,870 | €162,997 | €14,348 | ▼ 91.2% |
| Contributions10/11 | €200,900 | €200,900 | €200,900 | €200,900 | €200,900 | = |
| Revaluation surpluses12 | €0 | - | - | - | - | - |
| Reserves13 | €247,168 | €196,159 | €164,140 | €151,167 | €149,869 | ▼ 0.9% |
| Non-distributable reserves130/1 | €5,090 | €5,090 | €5,090 | €5,090 | €5,090 | = |
| Reserves not available under the articles1311 | €5,090 | €5,090 | €5,090 | €5,090 | €5,090 | = |
| Tax-exempt reserves132 | €239,505 | €188,496 | €156,478 | €143,505 | €142,207 | ▼ 0.9% |
| Distributable reserves133 | €2,572 | €2,572 | €2,572 | €2,572 | €2,572 | = |
| Profit (loss) carried forward14 | -€512,553 | -€465,381 | -€348,170 | -€189,070 | -€336,421 | ▼ 77.9% |
| Provisions and deferred taxes16 | €32,933 | €15,930 | €7,590 | €4,599 | €4,166 | ▼ 9.4% |
| Deferred taxes168 | €32,933 | €15,930 | €7,590 | €4,599 | €4,166 | ▼ 9.4% |
| Amounts payable17/49 | €2.3m | €1.9m | €1.7m | €1.7m | €1.2m | ▼ 27.9% |
| Amounts payable after more than one year17 | €660,086 | €500,258 | €430,772 | €320,538 | €268,323 | ▼ 16.3% |
| Financial debts170/4 | €660,086 | €500,258 | €430,772 | €264,204 | €210,580 | ▼ 20.3% |
| Other amounts payable178/9 | - | - | - | €56,334 | €57,742 | ▲ 2.5% |
| Amounts payable within one year42/48 | €1.6m | €1.4m | €1.3m | €1.4m | €939,605 | ▼ 30.7% |
| Current portion of amounts payable after more than one year42 | €306,489 | €396,501 | €286,946 | €184,857 | €84,896 | ▼ 54.1% |
| Financial debts43 | €0 | €150,000 | €44,783 | €34,498 | €17,946 | ▼ 48.0% |
| Credit institutions430/8 | €0 | €150,000 | €44,783 | €34,498 | €17,946 | ▼ 48.0% |
| Trade debts44 | €505,183 | €443,583 | €545,772 | €800,257 | €472,234 | ▼ 41.0% |
| Suppliers440/4 | €505,183 | €443,583 | €545,772 | €800,257 | €472,234 | ▼ 41.0% |
| Advances received on contracts in progress46 | - | €145 | - | - | - | - |
| Taxes, remuneration and social security45 | €724,655 | €338,516 | €388,945 | €335,267 | €364,525 | ▲ 8.7% |
| Taxes450/3 | €156,498 | €230,347 | €269,975 | €188,044 | €218,445 | ▲ 16.2% |
| Remuneration and social security454/9 | €568,157 | €108,169 | €118,970 | €147,223 | €146,081 | ▼ 0.8% |
| Other amounts payable47/48 | €66,411 | €68,829 | €1,219 | €3 | €3 | = |
| Accrued charges and deferred income492/3 | €1,250 | - | €544 | - | €252 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€148,812 | -€3,837 | €85,193 | €146,127 | -€148,649 | ▼ 202% |
| + Depreciation and write-downs630 | €409,873 | €266,762 | €135,522 | €97,293 | €70,579 | ▼ 27.5% |
| Operating cash flow (approximation) | €261,061 | €262,925 | €220,715 | €243,419 | -€78,070 | ▼ 132% |
| Investment in fixed assets (approximation) | - | -€502,582 | -€75,382 | -€177,969 | €510,892 | ▲ 387% |
| Change in cash | - | -€54,499 | -€359,780 | €285,581 | -€13,350 | ▼ 105% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €150,000Eq €162,997 ▲866%
2 profitable years in a row build equity to €162,997.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €85,193
Net result €85,193 after 2 loss-making years.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 24 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Back to profitnet €107,781
Net result €107,781 after one loss-making year.
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 84 days late
2019
31-12
Financial
Weakest financial yearnet -€746,467
Net result drops to -€746,467, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 31 days late
2018
04-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 65 days late
2017
17-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 78 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 10 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Liège · 5 establishment units since 1980
Ground area
2.4 ha
Building footprint
7,710 m²
Volume, LiDAR
52,997 m³
4 parcels, Flanders, Wallonia · tallest building 24.1 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
5 establishment units
DR LOGISTICS SPRL
since 19802.017.740.649
DR LOGISTICS SPRL
since 20182.276.849.326
DR Logistics
since 20192.290.265.020
DR Logistics
since 20192.290.265.119
DR Logistics
since 20192.290.265.218
4 parcels
Flanders
1
(25%)
Wallonia
3
(75%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92039A0072/00W000 | Wallonia | 1.2 ha | 1 · 1,103 m² | 9.9 m · 2 fl. |
| 62078A0179/00K003 | Wallonia | 6,125 m² | 1 · 3,746 m² | 8.1 m · 2 fl. |
| 44062D0387/00C003 | Flanders | 3,853 m² | 1 · 1,696 m² | 8.0 m · 2 fl. |
| 52011D0250/02E004 | Wallonia | 1,289 m² | 1 · 1,165 m² | 24.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
2 owners · 1 holdingOwners 2
- Sourceaccounts EVOMA 202550%
- Sourceaccounts FYMACO 202550%
Holdings 1
-
100%
According to the 2025 annual accounts of DR LOGISTICS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Company details
Identification
Legal formPrivate limited company
Founded20-05-1980
Fiscal year end31-12
Abbreviation FR
DR
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
49410Freight transport by road
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95314Bodywork repair (including spraying and painting)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0420615160
Registered
17-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.