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Dragon Advice

Active
Private limited companyfounded 201610 yrs activeEsdoornlaan 21, 1820 Steenokkerzeel, BelgiumKBO/BCE: BE 0652.737.546
Summary

Dragon Advice has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23,320 and a net result of -€764. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 7997 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability52▲+47
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 37.57 against 31.71 in 2024; short-term debt: 2.5% and cash: 23.6% of total assets), and 2.5% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% 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 2025
Solvency, return and age of the figures
Solvency
97.5%
Return on assets
-3.2%
Age of the figures
18 mo
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 24-11-2025, 24 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 · 9 filings
Deviation from the deadline
2025
24 d late
2024
25 d late
2023
2 d early
2022
37 d early
2021
58 d late
2020
13 d late
2019
21 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 9 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 24 November (4 of the last 5 filed years within 34 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close01-10-2026 today31-10-2026 deadline
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

History

Dragon Advice was incorporated on 21 April 2016.1 Total assets rose from EUR 16,556 in 2019 to EUR 23,924 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€23,320▼ 3.2%
2024 · €24,084
Total assets
€23,924▼ 3.8%
2024 · €24,857
Net result
-€764▲ 72.8%
2024 · -€2,804
Working capital
€22,075▼ 6.9%
2024 · €23,715
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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 82, Office administrative, office support and other business support activities, 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).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€6,183▼ 39.1%€3,423▼ 44.6%€9,628▲ 181%-€2,736-€37▲ 98.6%
Net result€3,817within the sector's middle half▼ 46.5%€1,645within the sector's middle half▼ 56.9%€6,117within the sector's middle half▲ 272%-€2,804below the sector's middle half-€764below the sector's middle half▲ 72.8%
Equity€19,127within the sector's middle half▲ 24.9%€20,772within the sector's middle half▲ 8.6%€26,889within the sector's middle half▲ 29.4%€24,084within the sector's middle half▼ 10.4%€23,320within the sector's middle half▼ 3.2%
Total assets€21,227below the sector's middle half▼ 8.9%€21,863below the sector's middle half▲ 3.0%€29,302below the sector's middle half▲ 34.0%€24,857below the sector's middle half▼ 15.2%€23,924below the sector's middle half▼ 3.8%
Debt€2,100▼ 73.7%€1,091▼ 48.0%€2,413▲ 121%€772▼ 68.0%€604▼ 21.8%
Working capital€19,127within the sector's middle half▲ 28.4%€19,516within the sector's middle half▲ 2.0%€26,076within the sector's middle half▲ 33.6%€23,715within the sector's middle half▼ 9.1%€22,075within the sector's middle half▼ 6.9%
Solvency90.1%above the sector's middle half▲ 24.4pp95.0%above the sector's middle half▲ 4.9pp91.8%above the sector's middle half▼ 3.2pp96.9%above the sector's middle half▲ 5.1pp97.5%above the sector's middle half▲ 0.6pp
Current ratio10.11above the sector's middle half▲ 7.2518.89above the sector's middle half▲ 8.7811.81above the sector's middle half▼ 7.0831.71above the sector's middle half▲ 19.9137.57above the sector's middle half▲ 5.86
Return on assets (ROA)18.0%within the sector's middle half▼ 12.6pp7.5%within the sector's middle half▼ 10.5pp20.9%within the sector's middle half▲ 13.4pp-11.3%below the sector's middle half▼ 32.2pp-3.2%below the sector's middle half▲ 8.1pp
above within below the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support 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
-€5,000€0€5,000€10,000Operating result 2021: €6,183€6,183Net result 2021: €3,817€3,817Operating result 2022: €3,423€3,423Net result 2022: €1,645€1,645Operating result 2023: €9,628€9,628Net result 2023: €6,117€6,117Operating result 2024: -€2,736-€2,736Net result 2024: -€2,804-€2,804Operating result 2025: -€37-€37Net result 2025: -€764-€76420212022202320242025-€5,000€0€5,000€10,000Operating result 2023: €9,628€9,630Net result 2023: €6,117€6,120Operating result 2024: -€2,736-€2,740Net result 2024: -€2,804-€2,800Operating result 2025: -€37-€37Net result 2025: -€764-€764202320242025
The operating result stays negative: a loss of €37 in 2025 against €2,736 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €23,924
Fixed assets €1,246 ▲ 237%
Current assets €22,678 ▼ 7.4%
Equity and liabilities €23,924
Equity €23,320 ▼ 3.2%
Debt €604 ▼ 21.8%
Debt's share of the balance-sheet total falls from 3.1% to 2.5%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€497▲
2024 · -€2,292
Cash flow
-€231▲
2024 · -€2,361
Debt to equity
0.03▼
2024 · 0.03
ROE
-3.3%▲
2024 · -11.6%
Interest coverage
4.51▲
2024 · -20.83
Debt ≤ 1 year
€604▼
2024 · €772
Income taxes
€1,197▲
2024 · €403
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,910 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
1.1% went bankrupt
7.9% stopped otherwise
91% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,341 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% 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 6,910 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 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€24,857€23,924▼
Fixed assets21/28€369€1,246▲
Tangible fixed assets22/27€369€1,246▲
Plant, machinery and equipment23€369€1,246▲
Current assets29/58€24,487€22,678▼
Amounts receivable within one year40/41€15,790€17,029▲
Trade receivables40€2,127€5,167▲
Other amounts receivable41€13,663€11,862▼
Cash at bank and in hand54/58€8,697€5,650▼
Equity and liabilities
Total equity and liabilities10/49€24,857€23,924▼
Equity10/15€24,084€23,320▼
Contributions10/11€12,400€12,400=
Capital10€12,400-
Issued capital100€18,600-
Uncalled capital101€6,200-
Profit (loss) carried forward14€11,684€10,920▼
Amounts payable17/49€772€604▼
Amounts payable within one year42/48€772€604▼
Trade debts44€490-
Suppliers440/4€490-
Taxes, remuneration and social security45€282€604▲
Taxes450/3€282€604▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€443€534▲
Other operating charges640/8€384€387▲
Gross operating margin9900-€1,908€884▲
Operating profit (loss)9901-€2,736-€37▲
Financial income75/76B€444€580▲
Recurring financial income75€444€580▲
Financial charges65/66B€110€110=
Recurring financial charges65€110€110=
Profit (loss) for the period before taxes9903-€2,401€432▲
Income taxes67/77€403€1,197▲
Profit (loss) for the period9904-€2,804-€764▲
Profit (loss) for the period to be appropriated9905-€2,804-€764▲
Appropriation of the result
Profit (loss) to be appropriated9906€11,684€10,920▼
Profit (loss) brought forward from the previous period14P€14,489€11,684▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€415€74€443€443€534▲ 20.4%
Other operating charges640/8-€348€448€384€387▲ 0.8%
Gross operating margin9900€6,946€3,845€10,519-€1,908€884▲ 146%
Operating profit (loss)9901€6,183€3,423€9,628-€2,736-€37▲ 98.6%
Financial income75/76B-€66€296€444€580▲ 30.4%
Recurring financial income75€13€66€296€444€580▲ 30.4%
Financial charges65/66B-€70€105€110€110=
Recurring financial charges65€88€70€105€110€110=
Profit (loss) for the period before taxes9903€6,108€3,419€9,819-€2,401€432▲ 118%
Income taxes67/77€2,291€1,774€3,702€403€1,197▲ 197%
Profit (loss) for the period9904€3,817€1,645€6,117-€2,804-€764▲ 72.8%
Profit (loss) for the period to be appropriated9905€3,817€1,645€6,117-€2,804-€764▲ 72.8%
Line20212022202320242025Change
Assets
Total assets20/58€21,227€21,863€29,302€24,857€23,924▼ 3.8%
Fixed assets21/28-€1,256€813€369€1,246▲ 237%
Tangible fixed assets22/27-€1,256€813€369€1,246▲ 237%
Plant, machinery and equipment23-€1,256€813€369€1,246▲ 237%
Furniture and vehicles24-€0€0---
Current assets29/58€21,227€20,607€28,489€24,487€22,678▼ 7.4%
Amounts receivable within one year40/41€5,065€5,574€9,330€15,790€17,029▲ 7.8%
Trade receivables40-€2,019€2,287€2,127€5,167▲ 143%
Other amounts receivable41-€3,555€7,043€13,663€11,862▼ 13.2%
Cash at bank and in hand54/58€15,262€15,033€19,159€8,697€5,650▼ 35.0%
Equity and liabilities
Total equity and liabilities10/49€21,227€21,863€29,302€24,857€23,924▼ 3.8%
Equity10/15€19,127€20,772€26,889€24,084€23,320▼ 3.2%
Contributions10/11-€12,400€12,400€12,400€12,400=
Capital10---€12,400--
Issued capital100---€18,600--
Uncalled capital101---€6,200--
Profit (loss) carried forward14€6,727€8,372€14,489€11,684€10,920▼ 6.5%
Amounts payable17/49€2,100€1,091€2,413€772€604▼ 21.8%
Amounts payable within one year42/48€2,100€1,091€2,413€772€604▼ 21.8%
Trade debts44€650-€710€490--
Suppliers440/4--€710€490--
Taxes, remuneration and social security45-€1,091€1,703€282€604▲ 114%
Taxes450/3-€1,091€1,703€282€604▲ 114%
Line20212022202320242025Change
Profit (loss) for the period9904€3,817€1,645€6,117-€2,804-€764▲ 72.8%
+ Depreciation and write-downs630€415€74€443€443€534▲ 20.4%
Operating cash flow (approximation)€4,232€1,719€6,560-€2,361-€231▲ 90.2%
Investment in fixed assets (approximation)--€0€0-€1,410▼ 371,153%
Change in cash--€229€4,126-€10,462-€3,048▲ 70.9%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
24-11
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2024
25-11
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
31-03
Financial Weakest financial yearnet -€2,804
Net result drops to -€2,804, the lowest in the series; recovery starts the following year.
31-03
Financial Liquidity triplescurrent ratio 31.71
Current ratio from 11.81 to 31.71; short-term debt falls from €2,413 to €772.
2023
29-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
24-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
28-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
31-03
Financial Liquidity quadruplescurrent ratio 10.11
Current ratio from 2.86 to 10.11; short-term debt falls from €7,997 to €2,100.
2020
13-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
31-03
Financial Back to profitnet €7,131
Net result €7,131 after one loss-making year.
2019
10-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
27-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
15-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Steenokkerzeel · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
1,022 m²
Building footprint
148 m²
Volume, LiDAR
669 m³
Parcel 23081A0052/00M000, Flanders · tallest building 8.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Dragon Advice
Esdoornlaan 21, 1820 SteenokkerzeelHoldings
since 20162.252.615.558
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23081A0052/00M000 Flanders 1,022 m² 1 · 148 m² 8.7 m · 1 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.

Similar companies · same sector, comparable size

Of 24,494 companies in this sector we hold annual accounts for 9,420. 6,055 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded21-04-2016
Fiscal year end31-03
Activities, NACEBEL 2025
82990Other business support services
70200Business and other management consultancy
73300Public relations and communication consultancy
E-invoicing
Not found in the Peppol register

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Register as of 1 October 2026 · Peppol Directory

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