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DRACO IMMO

Active
Private limited companyfounded 20215 yrs activeRue Joseph Deflandre 160, 4053 Chaudfontaine, BelgiumKBO/BCE: BE 0771.729.723
Summary

DRACO IMMO has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€88,856) and a net result of -€28,218. Equity is shrinking by ~98.5% per year across the filed fiscal years. Its solvency ranks better than 13% of 4835 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).

Risk analysisWatch ReportCompare
DRACO IMMOActiveChecked score 31/100
Risk analysis ReportCompare

Overview

What they do
Development of residential building projects
NACE 68121Real estate development NACE 41101
1 site
How big
€1.8mtotal assets 2024
Equity
-€88,856
Loss
-€28,218
Financially healthy?
31 Weak Checked score 2024
Bankruptcy chance 12 m
1.2%
Who decides
Parent
"MELOTTE GROUP" · 100%
Accounts 62 d overdue0 of 1 deed read
Why 31- Limited track record- Annual accounts: weaker financial profile- Higher-failure-rate region- Negative equity+ Lower-failure-rate sectorFiled after the deadlineShow the evidence

Checked score

Score 2024
31 / 100
Weak
Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability17▲+2
Solvency20▼-2
Growth32=
Track record94
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.47 against 1.55 in 2023; short-term debt: 67.9% and cash: 0% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% 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 2024
Solvency, return and age of the figures
Solvency
-4.8%
Return on assets
-1.5%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
21222324
2021 to 2024 · latest year -€88,856
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 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 · 4 filings
Deviation from the deadline
2025
not confirmed
2024
20 d late
2023
49 d late
2022
58 d late
2021
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 47 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · full…
  2. Annual accounts filedfiscal year 2023 · full…
  3. Weakest financial yearnet -€61,570

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€88,856 View
  • Risk: 4 loss-making years in a rowloss fiscal year 2024 -€28,218 View
  • Caution: Among the weakest 12% on equitysector median €521,754 · 4,836 companies -€88,856 View
  • Caution: Accounts not fileddeadline was 31-07-2026 62 d late View
  • Controlled by "MELOTTE GROUP" 100% View

By topic

Financials

Fiscal year
2024
Total assets
€1.8m
Loss
-€28,218
Solvency
-4.8%
Total assets▼ 0.6%
Net result
20212024
Go to Financials

Timeline

Events
5
Since
2022
  1. 20-08-2025Annual accounts filed
  2. 18-09-2024Annual accounts filed
  3. 31-12-2023Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Development of residential building projectsNACE 68121
Founded
27-07-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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