Financials
- Fiscal year
- 2024
- Total assets
- €6.7m
- Loss
- -€187,038
- Solvency
- 27.7%
Total assets▲ 8.1%
Net result
20182024
DRAFT
ActiveSummary
The computed 12-month bankruptcy probability of DRAFT is 2.6% (moderate). The 2024 annual accounts show equity of €1.9m and a net result of -€187,038. Equity is shrinking by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 45% of 1295 sector peers (fiscal year 2024). The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
General construction of residential buildings
NACE 41001General construction of buildings NACE 41201NACE 45211
#7 company by equity in Ukkel, Construction sector1 site
Size
€6.7mtotal assets 2024
- Equity
- €1.9m
- Loss
- -€187,038
Structure
Accounts 66 d overdue0 of 4 deeds read
Why 51- Liquidity: current ratio 0.36, cash €4,814, halved- Figures for FY 2024 (filed 04-09-2025)- Sector Construction of residential and non-residential buildings (NACE 41)+ Founded in 1989Show the evidence
Checked score
Score 2024
51
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 33% of its sector peers (NACE 41, small)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
53-5
equity 27.7% of total assets
Liquidity
40-3
short-term debt 25.6% · cash 0.1%
Profitability
32-8
return on assets -2.8%
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.1%
12-2024: 0.6%▼ -45.6% vs 11-2024
01-2025: 0.6%▼ -0.7% vs 12-2024lowest value
02-2025: 0.6%● 0.0% vs 01-2025lowest value
03-2025: 0.6%▲ +1.2% vs 02-2025
04-2025: 0.6%▲ +4.3% vs 03-2025
05-2025: 0.6%▲ +5.6% vs 04-2025
06-2025: 0.6%▲ +1.1% vs 05-2025
07-2025: 0.7%▲ +11.4% vs 06-2025
08-2025: 1.1%▲ +47.8% vs 07-2025
09-2025: 1.2%▲ +17.2% vs 08-2025
10-2025: 1.2%▼ -4.7% vs 09-2025
11-2025: 1.2%● 0.0% vs 10-2025
12-2025: 1.2%● 0.0% vs 11-2025
01-2026: 1.2%● 0.0% vs 12-2025
02-2026: 1.2%● 0.0% vs 01-2026
03-2026: 1.2%▲ +1.4% vs 02-2026
04-2026: 1.2%▼ -2.2% vs 03-2026
05-2026: 1.2%▲ +2.9% vs 04-2026
06-2026: 1.2%▲ +3.1% vs 05-2026
07-2026: 1.2%▼ -1.8% vs 06-2026
08-2026: 1.8%▲ +46.1% vs 07-2026
09-2026: 2.1%▲ +15.4% vs 08-2026
10-2026: 2.6%▲ +25.3% vs 09-2026highest value
- Liquidity: current ratio 0.36, cash €4,814, halved raises the probability
- Figures for FY 2024 (filed 04-09-2025) raises the probability
- Founded in 1989 lowers the probability for this profile
- Sector Construction of residential and non-residential buildings (NACE 41) raises the probability
Credit up to €95,000 at 30 days acceptable
Liquidity short (current ratio 0.36 against 0.35 in 2023; short-term debt: 25.6% and cash: 0.1% of total assets), and 72.3% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 41, small). Better than this share of them on solvency 44%, liquidity 48%, profitability 19%, growth against the median 20%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€187,038
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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
not confirmed
2024
29 d late
2023
92 d late
2022
60 d late
2021
117 d late
2020
19 d late
2019
117 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 72 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · full…
- Weakest financial yearnet -€187,038
- Annual accounts filedfiscal year 2023 · full…
Key points
- Risk: 7 loss-making years in a rowloss fiscal year 2024 -€187,038 View
- Caution: Among the weakest 7% on net resultsector median €24,418 · 1,297 companies -€187,038 View
- Caution: Result fell in 2024from -€111,088 to -€187,038 ▼ 68.4% View
- Caution: Accounts not fileddeadline was 31-07-2026 66 d late View
By topic
Timeline
- Events
- 11
- Since
- 2016
- 29-08-2025Annual accounts filed
- 31-12-2024Weakest financial year
- 31-10-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- General construction of residential buildingsNACE 41001
- Founded
- 17-03-1989
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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