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DRAF

Active
Private limited companyfounded 2015active for 10 yearsReepstraat(SGW) 208, 9170 Sint-Gillis-Waas, BelgiumKBO/BCE: BE 0642.556.902
Summary

DRAF has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.1m and a net result of €232,820, of which €426,878 non-recurring income. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 85% of 1,110 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Other sports activities
NACE 93199Operation of sports facilities NACE 93110
2 sites
Size
€4.2mtotal assets 2025
Staff
1.8 FTE
Equity
€3.1m
Profit
€232,820
Turnover not published (abbreviated or micro format)
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Board
8 members
Holdings
1
2025 accounts 3 days early2 of 6 deeds summarised
Why 95raises riskLiquidity: current ratio 0.22, cash €190,059lowers riskSize: 1.8 FTE, total assets €4.2mFigures for financial year 2025 (filed 28-07-2026)Equity €3.1m (73.6% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 61% of its sector peers (NACE 93, micro)
Financial strength · tick = 2024
Strong
Solvency 99+2
equity 73.6% of total assets
Liquidity 47+2
short-term debt 24.3% · cash 4.5%
Profitability 76+44
return on assets 5.5%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (4,261 companies, NACE 93, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.4%▲ +0.1 percentage points vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.6%▲ +0.2 percentage points vs 05-2025 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.4%▼ -0.3 percentage points vs 07-2025 09-2025: 0.2%▼ -0.2 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.3%▲ +0.1 percentage points vs 05-2026 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026 08-2026: 0.1%▼ -0.3 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €290,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.22, compared with 0.16 in 2024, below 1; short-term debt: 24.3% and cash: 4.5% of total assets), and 26.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 93, micro): better than 83% on solvency, 43% on liquidity, 61% on profitability and 57% on growth.

The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: 1.8 FTE, total assets €4.2m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 28-07-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.22, cash €190,059
NBB · annual accounts
lowers risk · Equity €3.1m (73.6% of total assets)
NBB · annual accounts
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 days early
2024
27 days early
2023
27 days early
2022
17 days early
2021
30 days early
2020
16 days early
2019
22 days 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 20 days before the deadline; the sector median (NACE 93) for financial year 2024 is 1 day before the deadline, and 42% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Back to profitnet €232,820
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Financials · financial year 2025, abbreviated format

Equity
€3.1m▲ 8.1%
2024 · €2.9m
Total assets
€4.2m▲ 6.2%
2024 · €4.0m
Net result
€232,820
2024 · -€94,771
Working capital
-€799,096▼ 5.7%
2024 · -€755,677
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result returns to profit in 2025: €260,473 after a loss of €61,801 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.3m 2025 Net result€0.2m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 93, Sports, amusement and recreation activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. 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 financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€0.2m--€0.1m▲ 37.1%-€0.1m▼ 12.5%€0.03m€0.2m▲ 790%€0.3m▲ 47.1%-€0.06m€0.3m
Net result€0.05m--€0.2m-€0.2mbelow the sector's middle half▲ 0.6%€0.03mwithin the sector's middle half€0.2mabove the sector's middle half▲ 725%€0.3mabove the sector's middle half▲ 49.7%-€0.09mbelow the sector's middle half€0.2mabove the sector's middle half
Equity€0.4m-€0.2m▼ 38.3%€2.2mabove the sector's middle half▲ 793%€2.2mabove the sector's middle half▲ 1.1%€2.2mabove the sector's middle half▼ 2.7%€2.5mabove the sector's middle half▲ 14.3%€2.9mabove the sector's middle half▲ 16.4%€3.1mabove the sector's middle half▲ 8.1%
Total assets€2.1m-€1.9m▼ 8.7%€4.0mabove the sector's middle half▲ 112%€3.9mabove the sector's middle half▼ 3.0%€4.1mabove the sector's middle half▲ 4.5%€4.1mabove the sector's middle half▼ 0.5%€4.0mabove the sector's middle half▼ 2.4%€4.2mabove the sector's middle half▲ 6.2%
Debt€1.7m-€1.7m▼ 1.7%€1.8m▲ 11.0%€1.7m▼ 7.9%€1.9m▲ 13.9%€1.6m▼ 17.1%€1.1m▼ 31.3%€1.1m▲ 1.3%
Working capital-€0.7m--€0.9m▼ 28.6%-€1.1mbelow the sector's middle half▼ 26.2%-€1.1mbelow the sector's middle half▼ 0.6%-€1.4mbelow the sector's middle half▼ 29.4%-€1.2mbelow the sector's middle half▲ 17.6%-€0.8mbelow the sector's middle half▲ 36.1%-€0.8mbelow the sector's middle half▼ 5.7%
Solvency19.1%-12.9%▼ 6.2pp54.4%within the sector's middle half▲ 41.5pp56.7%within the sector's middle half▲ 2.3pp52.8%within the sector's middle half▼ 3.9pp60.7%above the sector's middle half▲ 7.9pp72.3%above the sector's middle half▲ 11.7pp73.6%above the sector's middle half▲ 1.3pp
Current ratio0.33-0.17▼ 0.160.18below the sector's middle half=0.14below the sector's middle half▼ 0.030.06below the sector's middle half▼ 0.080.13below the sector's middle half▲ 0.070.16below the sector's middle half▲ 0.040.22below the sector's middle half▲ 0.06
Return on assets (ROA)2.2%--8.0%▼ 10.2pp-3.8%within the sector's middle half▲ 4.3pp0.6%within the sector's middle half▲ 4.4pp5.0%within the sector's middle half▲ 4.4pp7.6%within the sector's middle half▲ 2.5pp-2.4%below the sector's middle half▼ 10.0pp5.5%within the sector's middle half▲ 7.9pp
Staff (FTE)11.1-14.2▲ 27.9%7.5within the sector's middle half▼ 47.2%4.4within the sector's middle half▼ 41.3%3.6within the sector's middle half▼ 18.2%3.5within the sector's middle half▼ 2.8%2.5within the sector's middle half▼ 28.6%1.8within the sector's middle half▼ 28.0%
above within below the middle half of NACE 93, Sports, amusement and recreation activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.2m
Fixed assets €4.0m ▲ 4.4%
Current assets €226,077 ▲ 53.6%
Equity and liabilities €4.2m
Equity €3.1m ▲ 8.1%
Debt €1.1m ▲ 1.3%
Debt's share of the balance-sheet total falls from 27.7% to 26.4%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€383,783▲
2024 · €63,892
Cash flow
€356,130▲
2024 · €30,921
Quick ratio
0.22▲
2024 · 0.16
Debt to equity
0.36▼
2024 · 0.38
ROE
7.5%▲
2024 · -3.3%
Interest coverage
13.91▲
2024 · 1.95
Debt ≤ 1 year
€1.0m▲
2024 · €902,857
Debt > 1 year
€48,046▼
2024 · €130,144
Income taxes
€177▼
2024 · €221
Staff costs
€109,597▼
2024 · €142,795
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,695 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% still going

For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 0.9%
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 74.5% 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 34,695 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet Code20242025
Assets
Total assets20/58€4.0m€4.2m▲
Fixed assets21/28€3.8m€4.0m▲
Tangible fixed assets22/27€3.5m€3.7m▲
Land and buildings22€3.1m€3.0m▼
Plant, machinery and equipment23€0.08m€0.06m▼
Furniture and vehicles24€0.002m€0.001m▼
Leasing and similar rights25-€1
Other tangible fixed assets26€0.3m€0.6m▲
Financial fixed assets28€0.3m€0.3m▼
Current assets29/58€0.1m€0.2m▲
Stocks and contracts in progress3€0.003m€0.003m▲
Stocks30/36€0.003m€0.003m▲
Amounts receivable within one year40/41€0.04m€0.03m▼
Trade receivables40€0.03m€0.03m▼
Other amounts receivable41€0.006m€0.001m▼
Cash at bank and in hand54/58€0.1m€0.2m▲
Deferred charges and accrued income490/1€0.006m€0.002m▼
Equity and liabilities
Total equity and liabilities10/49€4.0m€4.2m▲
Equity10/15€2.9m€3.1m▲
Contributions10/11€1.6m€1.6m=
Revaluation surpluses12€1.7m€1.7m=
Reserves13€0.09m€0.09m=
Non-distributable reserves130/1€0.05m€0.05m=
Reserves not available under the articles1311€0.05m€0.05m=
Distributable reserves133€0.04m€0.04m=
Profit (loss) carried forward14-€0.6m-€0.3m▲
Amounts payable17/49€1.1m€1.1m▲
Amounts payable after more than one year17€0.1m€0.05m▼
Financial debts170/4€0.1m€0.05m▼
Amounts payable within one year42/48€0.9m€1.0m▲
Current portion of amounts payable after more than one year42€0.08m€0.08m▲
Trade debts44€0.03m€0.2m▲
Suppliers440/4€0.03m€0.2m▲
Advances received on contracts in progress46€0.07m€0.07m▲
Taxes, remuneration and social security45€0.02m€0.03m▲
Taxes450/3€200€0.03m▲
Remuneration and social security454/9€0.02m€0.007m▼
Other amounts payable47/48€0.7m€0.7m▼
Accrued charges and deferred income492/3€0.07m€0.04m▼
Income statement Code20242025
Non-recurring operating income76A-€0.4m
Remuneration, social security and pensions62€0.1m€0.1m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.1m€0.1m▼
Other operating charges640/8€0.008m€0.02m▲
Gross operating margin9900€0.2m€0.5m▲
Operating profit (loss)9901-€0.06m€0.3m▲
Financial income75/76B€70€114▲
Recurring financial income75€70€114▲
Financial charges65/66B€0.03m€0.03m▼
Recurring financial charges65€0.03m€0.03m▼
Profit (loss) for the period before taxes9903-€0.09m€0.2m▲
Income taxes67/77€221€177▼
Profit (loss) for the period9904-€0.09m€0.2m▲
Profit (loss) for the period to be appropriated9905-€0.09m€0.2m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.6m-€0.3m▲
Profit (loss) brought forward from the previous period14P-€0.5m-€0.6m▼
Social balance sheet
Average headcount (FTE)90872.51.8▼

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€75,000€265,314€80,214-€426,878-
Remuneration, social security and pensions62---€150,832€186,916€205,468€142,795€109,597▼ 23.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€131,375€135,283€142,031€139,182€163,024€126,356€125,693€123,310▼ 1.9%
Other operating charges640/8---€6,357€12,130€10,390€8,468€17,174▲ 103%
Gross operating margin9900€193,283€335,635€196,661€323,056€599,529€691,463€215,156€510,554▲ 137%
Operating profit (loss)9901-€187,814-€118,091-€132,858€26,685€237,460€349,249-€61,801€260,473-
Financial income75/76B---€26,742-€152€70€114▲ 63.4%
Recurring financial income75€7€15€19,218€26,742-€152€70€114▲ 63.4%
Financial charges65/66B---€28,406€31,090€40,228€32,820€27,589▼ 15.9%
Recurring financial charges65€30,496€29,854€29,840€28,406€31,090€40,228€32,820€27,589▼ 15.9%
Profit (loss) for the period before taxes9903€45,097-€147,930-€143,479€25,021€206,370€309,173-€94,551€232,997-
Income taxes67/77-€4,308€7,783--€141€221€177▼ 19.7%
Profit (loss) for the period9904€45,097-€152,239-€151,262€25,021€206,370€309,032-€94,771€232,820-
Profit (loss) for the period to be appropriated9905€45,097-€152,239-€151,262€25,021€206,370€309,032-€94,771€232,820-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€2.1m€1.9m€4.0m€3.9m€4.1m€4.1m€4.0m€4.2m▲ 6.2%
Fixed assets21/28€1.7m€1.7m€3.8m€3.7m€4.0m€3.9m€3.8m€4.0m▲ 4.4%
Tangible fixed assets22/27€1.7m€1.7m€3.8m€3.7m€3.7m€3.6m€3.5m€3.7m▲ 4.9%
Land and buildings22---€3.2m€3.2m€3.1m€3.1m€3.0m▼ 1.7%
Plant, machinery and equipment23---€0.1m€0.1m€0.08m€0.08m€0.06m▼ 22.1%
Furniture and vehicles24---€0.003m€0.003m€0.001m€0.002m€0.001m▼ 41.3%
Leasing and similar rights25-------€1-
Other tangible fixed assets26---€0.4m€0.4m€0.4m€0.3m€0.6m▲ 71.4%
Financial fixed assets28€100€100€100€0.03m€0.3m€0.3m€0.3m€0.3m▼ 0.8%
Current assets29/58€0.3m€0.2m€0.2m€0.2m€0.09m€0.2m€0.1m€0.2m▲ 53.6%
Stocks and contracts in progress3€0.01m€0.003m€0.009m€0.01m€0.003m€0.004m€0.003m€0.003m▲ 16.9%
Stocks30/36---€0.01m€0.003m€0.004m€0.003m€0.003m▲ 16.9%
Amounts receivable within one year40/41€0.04m€0.009m€0.04m€0.02m€0.03m€0.03m€0.04m€0.03m▼ 15.4%
Trade receivables40---€0.02m€0.01m€0.02m€0.03m€0.03m▼ 3.9%
Other amounts receivable41----€0.02m€0.01m€0.006m€0.001m▼ 77.6%
Cash at bank and in hand54/58€0.3m€0.2m€0.2m€0.1m€0.05m€0.1m€0.1m€0.2m▲ 86.6%
Deferred charges and accrued income490/1---€0.001m-€0.007m€0.006m€0.002m▼ 66.2%
Equity and liabilities
Total equity and liabilities10/49€2.1m€1.9m€4.0m€3.9m€4.1m€4.1m€4.0m€4.2m▲ 6.2%
Equity10/15€0.4m€0.2m€2.2m€2.2m€2.2m€2.5m€2.9m€3.1m▲ 8.1%
Contributions10/11€1.0m€1.0m-€1.1m€1.1m€1.1m€1.6m€1.6m=
Revaluation surpluses12---€2.0m€1.7m€1.7m€1.7m€1.7m=
Reserves13€0.09m€0.09m€0.09m€0.09m€0.09m€0.09m€0.09m€0.09m=
Non-distributable reserves130/1---€0.05m€0.05m€0.05m€0.05m€0.05m=
Reserves not available under the articles1311---€0.05m€0.05m€0.05m€0.05m€0.05m=
Distributable reserves133---€0.04m€0.04m€0.04m€0.04m€0.04m=
Profit (loss) carried forward14-€0.7m-€0.9m-€1.0m-€1.0m-€0.8m-€0.5m-€0.6m-€0.3m▲ 41.2%
Amounts payable17/49€1.7m€1.7m€1.8m€1.7m€1.9m€1.6m€1.1m€1.1m▲ 1.3%
Amounts payable after more than one year17€0.5m€0.5m€0.4m€0.4m€0.3m€0.2m€0.1m€0.05m▼ 63.1%
Financial debts170/4---€0.4m€0.3m€0.2m€0.1m€0.05m▼ 63.1%
Amounts payable within one year42/48€1.0m€1.1m€1.3m€1.3m€1.5m€1.4m€0.9m€1.0m▲ 13.5%
Current portion of amounts payable after more than one year42---€0.4m€0.3m€0.08m€0.08m€0.08m▲ 2.0%
Financial debts43----€0.3m----
Credit institutions430/8----€0.3m----
Trade debts44€0.1m€0.03m€0.2m€0.04m€0.1m€0.06m€0.03m€0.2m▲ 374%
Suppliers440/4---€0.04m€0.1m€0.06m€0.03m€0.2m▲ 374%
Advances received on contracts in progress46---€0.09m-€0.1m€0.07m€0.07m▲ 13.1%
Taxes, remuneration and social security45---€0.03m€0.03m€0.03m€0.02m€0.03m▲ 44.0%
Taxes450/3---€0.01m-€96€200€0.03m▲ 126×
Remuneration and social security454/9---€0.02m€0.03m€0.03m€0.02m€0.007m▼ 68.4%
Other amounts payable47/48---€0.8m€0.8m€1.1m€0.7m€0.7m▼ 2.7%
Accrued charges and deferred income492/3---€0.05m€0.1m€0.06m€0.07m€0.04m▼ 40.2%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€0.05m-€0.2m-€0.2m€0.03m€0.2m€0.3m-€0.09m€0.2m-
+ Depreciation and write-downs630€0.1m€0.1m€0.1m€0.1m€0.2m€0.1m€0.1m€0.1m▼ 1.9%
Operating cash flow (approximation)€0.2m-€0.02m-€0.009m€0.2m€0.4m€0.4m€0.03m€0.4m▲ 12×
Investment in fixed assets (approximation)--€0.1m-€2.2m-€0.07m-€0.4m-€0.02m-€0.05m-€0.3m▼ 433%
Change in cash--€0.1m€0.02m-€0.03m-€0.1m€0.08m-€0.03m€0.09m-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (10)
Financial year Type Filed Reference
31-12-2025 abbreviated format 28-07-2026 2026-00339898
31-12-2024 abbreviated format 04-07-2025 2025-00228079
31-12-2023 abbreviated format 04-07-2024 2024-00205376
31-12-2022 abbreviated format 14-07-2023 2023-00234965
31-12-2021 abbreviated format 01-07-2022 2022-20118761
31-12-2020 abbreviated format 15-07-2021 2021-35200550
31-12-2019 micro format 09-07-2020 2020-27600551
31-12-2018 micro format 04-07-2019 2019-28000058
31-12-2017 micro format 11-07-2018 2018-31000389
31-12-2016 abbreviated format 11-07-2017 2017-29800130

Similar companies · same sector, comparable size

Of the 3,845 active companies whose main activity is other sports activities (NACE 93199), figures are known for 617. 114 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 7 entries · €616,863 awarded · €71,680 paid
Year Entries AwardedPaid
2025 1 €176€176
2024 1 €176€176
2023 4 €616,376€71,328
2022 1 €135€0
Schemes
1 entry · €48,809 · €48,809 paid · Onroerend Erfgoed
1 entry · €22,208 · €22,208 paid · Onroerend Erfgoed
4 entries · €663 · €663 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
under verification
This board is reconstructed from a single act (24351586). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.

Board 8

BAUWENS Marc
Director
Current
PONNET Dirk
Director
Current
SMET Jacques
Director
Current
Current
Current
Current
Current
Current

Day-to-day management 2

VAN der STEICHEL Felix
Managing director
Current
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
4 of this company's 6 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

8 people since 2024, 8 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
BAUWENS Marc
  • Director, since before 02-02-2024
PONNET Dirk
  • Director, since before 02-02-2024
SMET Jacques
  • Director, since before 02-02-2024
VAN der STEICHEL Carl-Filip
  • Director, since before 02-02-2024
VAN der STEICHEL Felix
  • Director, since before 02-02-2024
  • Managing director, since before 02-02-2024
VAN der STEICHEL Frédéric
  • Director, since before 02-02-2024
VAN der STEICHEL Paul-Henri
  • Director, since before 02-02-2024
  • Managing director, since before 02-02-2024
VANDEPLASSCHE Béatrice
  • Director, since before 02-02-2024
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
After 2 capital increases act of 02-02-2024 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 02-02-2024 Converted to unavailable equity · €1,116,100
  2. 02-02-2024 Converted to unavailable equity · €46,957
  3. 02-02-2024 Capital increase of €500,000 · to €1,616,100 · 4,360 new shares
  4. 02-02-2024 Capital increase of €500,000

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

According to the 2025 annual accounts of DRAF and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

8 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

DRAF was incorporated on 2 November 2015.1 The registered office was moved to Sint-Gillis-Waas in 2023.2 In 2024 the capital was increased by €500,000 to €1.6m.3 Total assets rose from €2.1m in 2018 to €4.2m in 2025 and headcount from 11.1 to 1.8 full-time equivalents.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 08-08-2023
  3. 3Belgian Official Gazette, 02-02-2024
  4. 4National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
28-07
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
31-12
Financial Back to profitnet €232,820
Net result €232,820 after one loss-making year.
04-07
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
2024
04-07
NBB filing Annual accounts filed
financial year 2023 · abbreviated format
02-02
Gazette deed Reappointments: PONNET Dirk, VANDEPLASSCHE Béatrice and 6 others
Legal-form conversion · Capital conversion · Reserve release26 facts ▸
  • Legal-form conversion, “besloten vennootschap” (deed in Dutch)
  • Capital conversion, “statutaire onbeschikbare eigen vermogensrekeningen” (deed in Dutch) (2 times)
  • Reserve release, “opheffen, beschikbaar te maken voor uitkering” (deed in Dutch)
  • Other provision, “uiteengezet waarom de inbreng van belang is, beschrijving en gemotiveerde waardering van de inbreng, verantwoording van de uitgifteprijs en beschrijving van de…” (deed in Dutch)
  • Other provision, “onderzoek van de beschrijving van de inbreng in natura, de toegepaste waardering en waarderingsmethoden, en beoordeling van de betrouwbaarheid van de financiële…” (deed in Dutch)
  • Capital
  • Kind of shares, “A”, 19360 (deed in Dutch)
  • Kind of shares, “B”, 2846 (deed in Dutch)
  • Amendment of the articles (2 times)
  • Director reappointment, PONNET Dirk (director)
  • Director reappointment, VANDEPLASSCHE Béatrice (director)
  • Director reappointment, BAUWENS Marc (director)
  • +14 further facts in this act
2023
31-12
Financial Highest result from 2018 to 2025net €309,032 ▲49.7%
Operating result €349,249, net result €309,032, both a record.
08-08
Gazette deed Registered office
Registered-office move2 facts ▸
  • General meeting, 30-06-2023
  • Registered-office move, Reepstraat 208 A te 9170 Sint-Gillis-Waas
14-07
NBB filing Annual accounts filed
financial year 2022 · abbreviated format
2022
01-07
NBB filing Annual accounts filed
financial year 2021 · abbreviated format
2021
31-12
Financial Back to profitnet €25,021
Net result €25,021 after 2 loss-making years.
15-07
NBB filing Annual accounts filed
financial year 2020 · abbreviated format
2020
31-12
Financial Equity above €2mequity €2.2m ▲793%
Equity rises from €245,478 to €2.2m.
Show earlier events
09-07
NBB filing Annual accounts filed
financial year 2019 · micro format
2019
31-12
Financial Weakest financial yearnet -€152,239
Net result drops to -€152,239, the lowest in the series; recovery starts the following year.
04-07
NBB filing Annual accounts filed
financial year 2018 · micro format
2018
11-07
NBB filing Annual accounts filed
financial year 2017 · micro format
2017
11-07
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
2 of 6 deeds read
About the unread acts

Of the 6 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded02-11-2015
Financial year end31-12
Activities, NACEBEL 2025
93110Operation of sports facilities
93199Other sports activities
56112Limited-service restaurants, excluding mobile food services
79110Travel agency activities
93129Activities of other sports clubs
Contact
Website www.wasegolf.beSint-Gillis-Waas
E-mail info@wasegolf.beSint-Gillis-Waas
Phone +32 3 550 94 05Sint-Gillis-Waas
E-invoicing
Reachable via Peppol
Peppol ID 0208:0642556902
Also 9925:BE0642556902
Registered 16-12-2024

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 26 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Sint-Gillis-Waasunit no. 2.247.305.304
1 permission
Authorisation · Eetgelegenheid · since 30-03-2017

Dual-learning approval

4 ended
Hulpkok (so)
ended · 2019 to 2024
Keukenmedewerker (so)
ended · 2019 to 2024
Keukenmedewerker (vwo)
ended · 2019 to 2024
Keukenmedewerker duaal (so)
ended · 2019 to 2024

Environmental permits

2 applications in Flanders since 2022 · 2 granted
Hoogstammige bomen vellen die geen deel uitmaken van een bos
Granted on 28-03-2024submitted 12-01-2024authority: Sint-Gillis-Waasproject 2023160955
Aanleggen van recreatieve terreinen; Nieuwbouw of aanleggen; Ontbossen; Slopen of verwijderen; Verwijderen van vrijstaande gebouwen
Granted on 22-12-2022submitted 18-05-2022authority: Provincie Oost-Vlaanderenproject 2021183073

Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Sint-Gillis-Waas · 2 establishment units since 2015
registered office establishment All 2 establishment units on the map
Ground area
6.0 ha
Building footprint
5,789 m²
Building volume
44,183 m³
3 parcels, Flanders · tallest building 20.5 m. Linked by address, not a title deed.
2 establishment units
Wase Golf
Reepstraat(SGW) 208A, 9170 Sint-Gillis-WaasOther non-specialised retail sale
since 2015unit no. 2.247.305.304
Reepstraat(KEM) 208B, 9170 Sint-Gillis-Waas
Other non-specialised retail sale
since 2024unit no. 2.352.921.476
3 parcels
Flanders 3 (100%)
Cadastral parcel Region Area Buildings Height / floors
46020C1422/00S000 Flanders 4.3 ha 1 · 364 m² 10.6 m · 2
46020C1422/00W000 Flanders 9,213 m² 1 · 3,102 m² 20.5 m · 2
46020C1422/00H000 Flanders 7,814 m² 1 · 2,322 m² 19.0 m · 3
How the parcels are linked
Good to know
All 3 parcels match the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“De uitbating van sportvelden; Promotie van de golfsport en andere sporten in de meest ruime zin, onder andere het stellen van alle…” (deed in Dutch)
16 activities (deed in Dutch)
  1. De uitbating van sportvelden.
  2. Promotie van de golfsport en andere sporten in de meest ruime zin, onder andere het stellen van alle publicitaire handelingen, het organiseren van cursussen en demonstraties, het organiseren van toernooien.
  3. De uitbating, het beheer en de inrichting van drankgelegenheden, verbruikssalons, cafés, tavernes, clubs, bars, tearooms, restaurants, hotels, traiteurdiensten alsook het inrichten van banketten, feestelijkheden en de verhuring van feestzalen, de bereiding en de handel, import en export van alle mogelijke koude en warme gerechten, dranken, gebak en confiserie, vlees- en viswaren, ijs en rookwaren en alle aanverwante artikelen.
  4. De fabricatie en verkoop van alcoholische, gegiste of gedestilleerde dranken, meer bepaald bier, al hetgeen in de ruimste zin genomen daarmee verband houdt, alsook alle hiermee verwante artikelen.
  5. Import en export van dranken.
  6. De inkoop en doorverkoop in andere brouwerijen van gebrouwen bier.
  7. Aanbieden van brouwservice aan derden.
  8. Het organiseren van workshops en opleidingen.
  9. Het organiseren van proeverijen.
  10. Het organiseren van feesten, catering, evenementen, festivals, en alle hiermee samenhangende zaken.
  11. Verkoop van producten op markten.
  12. De aan- en verkoop, de groot- en kleinhandel, de in- en uitvoer, het vervoer, de opslag, de distributie, de verhuring, de fabricatie, het vervaardigen, het assembleren, het onderhouden en het verstelwerk van sportartikelen in het algemeen, alsmede van alle mogelijk aanverwante producten en toestellen.
  13. De organisatie en de verkoop van individuele en/of groepsreizen en –uitstappen, de verkoop -in de hoedanigheid van tussenpersoon- van reizen en uitstappen georganiseerd door derden, de verkoop -in hoedanigheid van tussenpersoon- van biljetten voor alle transportmiddelen, de verstrekking van diensten in het buitenland met betrekking tot voornoemde activiteiten, de handel in reisartikelen en toeristische producten, de vertegenwoordiging van alle lucht- en zeevaartmaatschappijen, hotels en transportfirma’s te land, alle activiteiten die rechtstreeks of onrechtstreeks verband houden met een reisagentschap.
  14. Management – consulting – immobiliën – uitgeven – drukken, waaronder: - Alle verrichtingen te doen die direct of indirect betrekking hebben op het beheer, de aankoop, de verkoop, huren, verhuren en financiering van diensten, zoals: dienstverlening op het gebied van administratie, boekhouding, sociale en fiscale wetgeving, management, bestuur, beheer en onderhoud voor andere firma’s evenals het ter beschikking stellen van personeel aan andere firma’s; - Het beheer en het bestuur van en de adviesverlening aan bedrijven en vennootschappen; - Het ontwikkelen, beheren, verhuren en verkopen van software, alsook het verlenen van advies terzake; - Alle financiële en beheersverrichtingen, onder meer, krediet en financiering, belegging in roerende waarden, het nemen van participaties in nieuwe en bestaande vennootschappen, beheren van vermogen, hypothecaire en andere borgstelling, commissie- en delcredereverrichtingen, voor zover dit alles wettelijk is toegelaten;
  15. Het aanleggen, het oordeelkundig beheer en het uitbreiden van roerend en onroerend vermogen.
  16. Alle studiën en operaties met betrekking tot alle onroerende goederen en rechten en tot alle roerende goederen en rechten welke daaruit voortvloeien, zoals de aankoop, de bouw, de verbouwing, de aanpassing, de huur en onderhuur, de ruiling, de verkoop en, in het algemeen, alle operaties die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken, voor zichzelf of voor anderen van alle bebouwde of onbebouwde onroerende eigendommen.

The full purpose is in the deed

deed of 02-02-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Vertegenwoordiging: De vennootschap is verbonden door de handelingen van het bestuursorgaan, van de personen aan wie het dagelijks bestuur…”
Daily managementWho may handle the everyday running of the business without the full board.
The board decides whether the delegates act alone or jointly
Board ruleHow the board is made up, meets and takes decisions.
“9, 1” (deed in Dutch)
“Onbepaalde duur, Het bestuur heeft de meest uitgebreide machten om in alle omstandigheden namens de vennootschap alle handelingen te…” (deed in Dutch)
“De notulen van de vergaderingen van het collegiaal bestuursorgaan worden ondertekend door de voorzitter en de bestuurders die erom…” (deed in Dutch)
“De besluiten van het collegiaal bestuursorgaan kunnen bij eenparig schriftelijk akkoord van alle bestuurders worden genomen.” (deed in Dutch)

deed of 02-02-2024

Capital, shares and profit

Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
“De aanwending van de jaarlijkse nettowinst wordt bepaald door de algemene vergadering, op voorstel van het bestuursorgaan, waarbij elk…” (deed in Dutch)

deed of 02-02-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Friday of June at 18:00
Meeting accessWho may attend the meeting and what is needed to be admitted.
One provision in the deed

deed of 02-02-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Het bestuursorgaan is verantwoordelijk voor het opstellen van het Overzicht, de beschrijving en waardering van de in te brengen…” (deed in Dutch)
2 more provisions in the deed, see the deed of 02-02-2024

deed of 02-02-2024