DRAAICE
ActiveSummary
The annual accounts of DRAAICE for fiscal year 2025 show a net loss of 83% of total assets and of 82% of the equity at the start of that year. The 2025 annual accounts show equity of €12,716 and a net result of -€59,079. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 26% of 4583 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-82
Solvency43▼-13
Growth29▼-30
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit 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 0.33 against 1.15 in 2024; short-term debt: 82.2% and cash: 22.4% of total assets), and 82.2% of the assets are financed with debt.
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Signals
Four 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 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more 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
17.8%
Return on assets
-82.9%
Age of the figures
9 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
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
21 d late
2023
27 d late
2022
21 d late
2021
40 d early
2020
20 d late
2019
36 d early
← 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 on the deadline day; the sector median for financial year 2024 is 1 day before the deadline, and 43% 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 21 August (4 of the last 5 filed years within 36 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€703,475▼ 2.0%
2023 · €718,132
EBIT margin
7.3%▲ 5.2pp
2023 · 2.0%
Net result
-€59,079
2024 · €48,672
Working capital
-€38,999
2024 · €23,230
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€818,599▲ 31.2%€756,741▼ 7.6%€718,132▼ 5.1%€703,475▼ 2.0%
Operating result-€548-€12,278▼ 2,141%€14,565€51,003▲ 250%-€58,863
Net result-€3,121below the sector's middle half-€15,112below the sector's middle half▼ 384%€12,439within the sector's middle half€48,672above the sector's middle half▲ 291%-€59,079below the sector's middle half
EBIT margin-0.1%▼ 1.3pp-1.6%▼ 1.6pp2.0%▲ 3.7pp7.3%▲ 5.2pp
Equity€25,796within the sector's middle half▼ 10.8%€10,684below the sector's middle half▼ 58.6%€23,123within the sector's middle half▲ 116%€71,795within the sector's middle half▲ 210%€12,716within the sector's middle half▼ 82.3%
Total assets€117,050within the sector's middle half▼ 21.7%€83,018within the sector's middle half▼ 29.1%€85,418within the sector's middle half▲ 2.9%€230,293within the sector's middle half▲ 170%€71,257within the sector's middle half▼ 69.1%
Debt€91,254▼ 24.4%€72,334▼ 20.7%€62,295▼ 13.9%€158,497▲ 154%€58,541▼ 63.1%
Working capital-€14,922below the sector's middle half▲ 45.6%-€13,531below the sector's middle half▲ 9.3%€4,783within the sector's middle half€23,230within the sector's middle half▲ 386%-€38,999below the sector's middle half
Solvency22.0%within the sector's middle half▲ 2.7pp12.9%below the sector's middle half▼ 9.2pp27.1%within the sector's middle half▲ 14.2pp31.2%within the sector's middle half▲ 4.1pp17.8%within the sector's middle half▼ 13.3pp
Current ratio0.84below the sector's middle half▲ 0.060.81below the sector's middle half▼ 0.021.08within the sector's middle half▲ 0.261.15within the sector's middle half▲ 0.070.33below the sector's middle half▼ 0.81
Return on assets (ROA)-2.7%below the sector's middle half▼ 5.9pp-18.2%below the sector's middle half▼ 15.5pp14.6%within the sector's middle half▲ 32.8pp21.1%above the sector's middle half▲ 6.6pp-82.9%below the sector's middle half▼ 104.0pp
above
within
below
the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
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 €58,863 after €51,003 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €71,257
Fixed assets
€51,715 ▲ 6.5%
Current assets
€19,542 ▼ 89.2%
Equity and liabilities €71,257
Equity
€12,716 ▼ 82.3%
Debt
€58,541 ▼ 63.1%
Debt's share of the balance-sheet total rises from 68.8% to 82.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€48,432▼
2024 · €62,278
Cash flow
-€48,649▼
2024 · €59,948
Debt to equity
4.60▲
2024 · 2.21
ROE
-464.6%▼
2024 · 67.8%
Interest coverage
-139.73▼
2024 · 28.35
Debt ≤ 1 year
€58,541▼
2024 · €158,497
Staff costs
€884▲
2024 · €350
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,294 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 90% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
4.1%
went bankrupt
6.0%
stopped otherwise
90%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% | 1.9% |
| 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 1,294 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 |
|---|---|---|---|---|---|---|
| Turnover70 | €818,599 | €756,741 | €718,132 | €703,475 | - | - |
| Non-recurring operating income76A | - | - | - | €49,659 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €802,184 | €750,648 | €696,834 | €691,421 | - | - |
| Remuneration, social security and pensions62 | €292 | €439 | €387 | €350 | €884 | ▲ 152% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,603 | €16,504 | €5,874 | €11,276 | €10,430 | ▼ 7.5% |
| Other operating charges640/8 | €966 | €1,000 | €419 | €886 | €814 | ▼ 8.2% |
| Gross operating margin9900 | €17,314 | €5,665 | €21,245 | €63,515 | -€46,734 | ▼ 174% |
| Operating profit (loss)9901 | -€548 | -€12,278 | €14,565 | €51,003 | -€58,863 | ▼ 215% |
| Financial income75/76B | €4 | €3 | €1 | €0 | €130 | ▲ 651,900% |
| Recurring financial income75 | €4 | €3 | €1 | €0 | €130 | ▲ 651,900% |
| Financial charges65/66B | €2,581 | €2,837 | €2,126 | €2,197 | €347 | ▼ 84.2% |
| Recurring financial charges65 | €2,581 | €2,837 | €2,126 | €2,197 | €347 | ▼ 84.2% |
| Profit (loss) for the period before taxes9903 | -€3,124 | -€15,112 | €12,440 | €48,806 | -€59,079 | ▼ 221% |
| Income taxes67/77 | -€4 | - | €0 | €134 | - | - |
| Profit (loss) for the period9904 | -€3,121 | -€15,112 | €12,439 | €48,672 | -€59,079 | ▼ 221% |
| Profit (loss) for the period to be appropriated9905 | -€3,121 | -€15,112 | €12,439 | €48,672 | -€59,079 | ▼ 221% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €117,050 | €83,018 | €85,418 | €230,293 | €71,257 | ▼ 69.1% |
| Fixed assets21/28 | €40,718 | €24,215 | €18,340 | €48,565 | €51,715 | ▲ 6.5% |
| Intangible fixed assets21 | €15,548 | €3,048 | - | - | - | - |
| Tangible fixed assets22/27 | €25,170 | €21,167 | €18,340 | €46,330 | €49,480 | ▲ 6.8% |
| Land and buildings22 | €23,110 | €20,610 | €18,110 | - | - | - |
| Plant, machinery and equipment23 | €2,061 | €557 | €231 | €35,727 | €43,698 | ▲ 22.3% |
| Furniture and vehicles24 | - | - | - | €10,603 | €5,782 | ▼ 45.5% |
| Financial fixed assets28 | - | - | - | €2,235 | €2,235 | = |
| Current assets29/58 | €76,332 | €58,803 | €67,078 | €181,728 | €19,542 | ▼ 89.2% |
| Stocks and contracts in progress3 | €24,895 | €12,417 | €34,056 | €19,544 | - | - |
| Stocks30/36 | €24,895 | €12,417 | €34,056 | €19,544 | - | - |
| Amounts receivable within one year40/41 | €10,304 | €9,401 | €1,141 | €23,414 | €3,083 | ▼ 86.8% |
| Trade receivables40 | €6,064 | €5,401 | €1,141 | €23,405 | €2,252 | ▼ 90.4% |
| Other amounts receivable41 | €4,240 | €4,000 | - | €9 | €831 | ▲ 9,202% |
| Cash at bank and in hand54/58 | €39,564 | €35,368 | €31,405 | €138,276 | €15,986 | ▼ 88.4% |
| Deferred charges and accrued income490/1 | €1,568 | €1,617 | €476 | €494 | €473 | ▼ 4.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €117,050 | €83,018 | €85,418 | €230,293 | €71,257 | ▼ 69.1% |
| Equity10/15 | €25,796 | €10,684 | €23,123 | €71,795 | €12,716 | ▼ 82.3% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €41,860 | €41,860 | €41,860 | €41,860 | €41,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €40,000 | €40,000 | €40,000 | €40,000 | €40,000 | = |
| Profit (loss) carried forward14 | -€22,264 | -€37,376 | -€24,937 | €23,735 | -€35,344 | ▼ 249% |
| Amounts payable17/49 | €91,254 | €72,334 | €62,295 | €158,497 | €58,541 | ▼ 63.1% |
| Amounts payable within one year42/48 | €91,254 | €72,334 | €62,295 | €158,497 | €58,541 | ▼ 63.1% |
| Trade debts44 | €22,599 | €16,979 | €21,147 | €55,578 | €881 | ▼ 98.4% |
| Suppliers440/4 | €22,599 | €16,979 | €21,147 | €55,578 | €881 | ▼ 98.4% |
| Advances received on contracts in progress46 | €326 | - | €400 | €202 | - | - |
| Taxes, remuneration and social security45 | €704 | €1,316 | €1,167 | €17,676 | €40 | ▼ 99.8% |
| Taxes450/3 | €704 | €1,170 | €897 | €17,676 | €40 | ▼ 99.8% |
| Remuneration and social security454/9 | - | €146 | €270 | - | - | - |
| Other amounts payable47/48 | €67,625 | €54,038 | €39,581 | €85,042 | €57,620 | ▼ 32.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,121 | -€15,112 | €12,439 | €48,672 | -€59,079 | ▼ 221% |
| + Depreciation and write-downs630 | €16,603 | €16,504 | €5,874 | €11,276 | €10,430 | ▼ 7.5% |
| Operating cash flow (approximation) | €13,483 | €1,392 | €18,314 | €59,948 | -€48,649 | ▼ 181% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€41,501 | -€13,581 | ▲ 67.3% |
| Change in cash | - | -€4,197 | -€3,963 | €106,871 | -€122,290 | ▼ 214% |
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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€59,079
Net result drops to -€59,079, the lowest in the series.
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
31-12
Financial
Highest result since 2018net €48,672 ▲291%
Operating result €51,003, net result €48,672, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Back to profitnet €12,439
Net result €12,439 after 2 loss-making years.
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
31-12
Financial
Back to profitnet €4,904
Net result €4,904 after 2 loss-making years.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
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, Hooglede · 1 establishment unit since 2011
Ground area
1,149 m²
Building footprint
103 m²
Volume, LiDAR
587 m³
Parcel 36006C0293/00N000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Beverenstraat 111, 8830 Hooglede
since 20112.196.791.662
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36006C0293/00N000 | Flanders | 1,149 m² | 1 · 103 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 6,995 companies in sector 81220 we hold annual accounts for 2,414. 1,570 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-02-2011
Fiscal year end31-12
Activities, NACEBEL 2025
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID
0208:0834189508
Also
9925:BE0834189508
Registered
01-02-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.