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DRAGON DIFFUSION

Active Private limited companyfounded 1988active for 38 yearsLandbouwstraat 103, 1030 SchaerbeekKBO/BCE: BE 0434.289.091 #1 company by equity in Schaerbeek, Wholesale and retail trade sector
DRAGON DIFFUSION
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Overview

Lifetime

18 annual accounts with figures on one time axis, 36 filings since 1988
peak €7.0m (2025)
€7.0m▲ 64.4%
lowest -€48,088 (2007)
€4.5m▲ 63.1%
peak €10.1m (2025)
€10.1m▲ 58.0%
€3.8m▲ 65.3%
peak 4 FTE (2025)
4 FTE▲ 100%
Board1 name since 2021
1 directorWRIGHT Craig
Documentsfilings and deeds
28-08-202628 days late
2025abbreviated format
Gross margin from €4.3m to €7.0mResult from €2.7m to €4.5mStaff from 2 FTE to 4 FTEDividend €737,492Equity from €6.4m to €10.1mDebts from €2.3m to €3.8m

Key points

from the 2025 annual accounts

Equity

€10.1m ▲ 58.0%

DRAGON DIFFUSION has made a profit without a break since 2008.

Result

€4.5m ▲ 63.1%
€2.7m2024€4.5m2025

The result rose in 2025: different schema filed.

Debts

€3.8m ▲ 65.3%
Suppliers
+1.0
Taxes and wages
+0.2
Advances received
+0.00
The rest
+0.3

Debts rose by €1.5m in 2025.

Investments

€3.4m 7.2 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Land and buildings stand 665.7% higher than in 2024.

Filings

36 annual accounts since 1988
AprilJune31 JulyOctober1990200020102020

Ten of the last ten came late. The 2023 accounts came latest: 176 days after the end of the period.

Position in the sector

€4.5m

Higher net result than 95% of companies in wholesale trade. Sector median €26,728 · 9,880 companies.

Checked score

99
Excellent
Financially stronger than 88% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).

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

Last 24 months 12-2024: 0.4% 01-2025: 1.2%▲ +0.8 percentage points vs 12-2024highest value 02-2025: 0.1%▼ -1.1 percentage points vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.2%▲ +0.1 percentage points vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: < 0.1%▼ -0.3 percentage points vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

98-1equity 72.9% of total assets
92=short-term debt 22.4% · cash 64.5%
100=return on assets 32.0%

Score breakdown

raises risk
Last filed accounts filed 28 days late; 2 of the last 3 accounts late
lowers risk
Liquidity: current ratio 3.40, cash €9.0m
Founded in 1988
Size: 4 FTE, total assets €13.9m
Calculation

The band follows from the bankruptcy probability. 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 46, micro). It does better than 77% of them on solvency, 91% on liquidity, 95% on profitability and 89% on growth.

The bankruptcy probability was computed on 10-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as DRAGON DIFFUSION has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of DRAGON DIFFUSION itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,368 companies, not a prediction for DRAGON DIFFUSION. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €1,000,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.4 (4.16 in 2024), above the usual 1.5. Short-term debt is 22.4% and cash 64.5% of total assets. 27.1% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 3.40, cash €9.0m
NBB · annual accounts
lowers risk · Founded in 1988
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Last filed accounts filed 28 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Size: 4 FTE, total assets €13.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
28 days late
2024
60 days late
2023
176 days late
2022
140 days late
2021
148 days late
2020
87 days late
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 109 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 18 December (4 of the last 5 accounts filed within 80 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

WC
WRIGHT Craig
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0434289091
New establishment in Temse Dragon Diffusion Warehouse, Frank Van Dyckelaan 11
Reappointment: WRIGHT Craig (director) Legal-form conversion: to private limited company · General meeting of 28-12-2023 · Gazette deed
First establishment Landbouwstraat 103, Schaerbeek
All 51 events

Comparable companies

same main activity, similar in size and age
Company
DRAGON DIFFUSION Schaerbeek €13.9m €7.0m 72.9% 4
MASKIO Mechelen €5.4m €1.9m 94.3% 5.8
BIMEKO Waregem €7.2m €1.8m 91.2% 7.8
LUC RUANT FASHION Hooglede €7.1m €1.4m 77.9% 6.3
ATMOSPHERE Grimbergen €5.1m €2.3m 52.5% 7.8
D&L Hulshout €5.0m €1.9m 37.8% 4.9
JOLLYMEX Zele €4.6m €3.7m 69.8% 9.9

These companies have the same main activity as DRAGON DIFFUSION: wholesale of clothing, excluding workwear and underwear (NACE 46423). They are comparable in size and age: total assets between €4.6m and €7.2m, founded between 1979 and 1999.

Official details

Source: KBO
Status
Active since 26-04-1988Normal situation
Activity
Wholesale of clothing, excluding workwear and underwearNACE 46423and 1 other
Establishment units
2.038.446.2881030 Schaerbeek, since 03-06-1988
2.378.955.3859140 Temse, since 28-05-2025
Financial year end
31 December
Peppol
Reachable since 26-11-2025
Company details

Annual accounts 2025

€7.0m▲ 64.4%
≈ €29.0mestimated
€4.5m▲ 63.1%
€10.1m▲ 58.0%
€13.9m▲ 59.9%
Employeeson 31-12-2025
6▲ 200%
Filing
Filed on 28-08-2026
Financials

Insights on DRAGON DIFFUSION

DRAGON DIFFUSION files the abbreviated format. That format states no turnover. The gross margin rose from €130,315 in 2006 to €7.0m in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 28-08-2026, 28 days late
€7.0m
▲ 64.4%
€6.4m
▲ 54.4%
€6.8m
▲ 64.6%
€4.9m
▲ 78.4%
72.9%
▼ 0.9 percentage points
3.40
▼ 0.76

The turnover shown is an estimate from the gross margin.

Turnover ≈ €29.0m. Estimated: probably between €18.0m and €50.0m.

In the rankings #1 company by equity in Schaerbeek, Wholesale and retail trade sector#5 company by total assets in Schaerbeek, Wholesale and retail trade sector

Money flows

no detail for 2025

Balance sheet

balance sheet total €13.9m on 31-12-2025
What the company ownsHow it is paid for

in €m

in €m

Position in the sector

Compare with sector

72.9%

Higher than 78% of 9,905 companies in 2025.

3.40

Higher than 75% of 9,667 companies in 2025.

32.0%

Higher than 95% of 9,782 companies in 2025.

DRAGON DIFFUSION Middle half of the sector 80% of the sector Abbreviated accounts in wholesale trade (NACE 46)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: middle half

Staff

€39,964

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017201520142013201220112009200820072006
Balance sheet: assets
20/58 13.9m8.7m5.5m2.8m1.7m925,543790,370484,817295,006314,414311,065384,818402,538266,306284,193317,703294,637147,755
21/28 3.3m424,802408,248456,183192,698229,858178,95229,42737,643102,493108,704112,785109,213116,753131,401141,622131,71025,962
22/27 3.3m424,702408,148456,083192,598229,758178,85229,32737,643102,493108,704112,785107,603115,143131,401141,622131,71025,962
22 2.9m385,205402,247431,930152,798170,467178,29527,86336,924102,041105,879108,918107,440110,675117,144120,378123,613-
23 84,021-------------1,7353,4202,9935,987
24 298,04939,4965,90224,15439,80159,2925581,4647194522,8253,8671634,46912,52117,8235,1046,475
27 -----------------13,500
28 100100100100100100100100----1,6101,610----
29/58 10.6m8.3m5.1m2.3m1.5m695,684611,418455,389257,363211,921202,362272,033293,325149,553152,793176,082162,927121,793
3 106,15592,402112,7713,5883,5883,5886,9365,36811,26213,70616,70320,2769,6399,3578,0346,93517,34018,451
30/36 106,15592,402112,7713,5883,5883,5886,9365,36811,26213,70616,70320,2769,6399,3578,0346,93517,34018,451
40/41 1.5m1.4m659,621376,210178,945195,28790,355187,967201,061102,488162,706242,162183,80188,50457,914122,03478,43989,870
40 1.3m1.2m648,620373,950150,460128,95842,92074,31856,7766,891271135,420108,06162,29827,74964,06257,87383,577
41 218,910194,75211,0012,26128,48566,32947,435113,649144,28695,597162,435106,74275,74026,20630,16557,97220,5666,293
54/58 9.0m6.8m4.3m1.9m1.3m495,283514,127262,05545,04095,72722,9539,59599,88551,69260,90447,11367,14913,132
490/1 4,302--855231,527--------25,940--340
Balance sheet: equity and liabilities
10/49 13.9m8.7m5.5m2.8m1.7m925,543790,370484,817295,006314,414311,065384,818402,538266,306284,193317,703294,637147,755
10/15 10.1m6.4m3.7m2.0m1.2m605,320464,771321,708197,142167,156154,579133,910124,16977,442128,672109,68854,348102,436
10/11 43,40043,40043,40043,40043,40043,40043,40043,40043,40043,40043,40043,40043,40043,40043,40043,40043,40043,400
100 ------43,40043,40043,40043,40043,40043,40043,40043,40043,40043,40043,40043,400
13 8.1m6.0m3.4m1.7m811,832228,56687,11737,11737,11717,1174,3404,3404,3404,3404,3404,3404,3404,340
130/1 4,3404,3404,3404,3404,3404,340------------
130 ------4,3404,3404,3404,3404,3404,3404,3404,3404,3404,3404,3404,340
1311 4,3404,3404,3404,3404,3404,340------------
132 1.8m842,000421,000210,500--------------
133 6.2m5.2m2.9m1.5m807,492224,22682,77732,77732,77712,777--------
14 2.0m347,754333,354333,354333,354333,354333,354239,391114,825101,509101,50680,63570,69123,76274,58755,4016,60854,696
15 ------9001,8001,8005,1305,3335,5355,7385,9406,3456,548--
16 ---------25,00025,00025,00025,00025,000----
160/5 ---------25,00025,00025,00025,00025,000----
17/49 3.8m2.3m1.8m721,440492,693320,222325,599163,10897,864122,258131,486225,908253,369163,863155,521208,015240,28945,319
17 26,86337,06547,15957,14567,02679,302100,68431,55349,36951,66159,85970,82675,35982,35993,97999,979104,9791,371
170/4 26,86337,06547,15957,14567,02679,302100,68431,55349,36951,66159,85970,82675,35982,35993,97999,979104,9791,371
42/48 3.1m2.0m1.6m662,420425,667225,270224,91586,57948,49570,59771,628155,083178,01081,50561,542108,036135,31043,948
42 12,26510,0949,9869,88212,33520,65126,91417,65917,2728,19810,95210,1437,1626,6608,83010,98243,8162,303
44 1.1m148,597237,4395,22430,16949,60559,068--27,93718,712106,14855,2918,41744,19495,18391,4945,805
440/4 1.1m148,597237,4395,22430,16949,60559,068--27,93718,712106,14855,2918,41744,19495,18391,4945,805
46 6,1634,50412,6425,013--815-----83,86240,046----
45 1.9m1.7m1.1m639,171375,752142,238138,11868,92031,22334,46241,96338,79131,69626,3828,5181,870-35,840
450/3 1.9m1.7m1.1m638,566375,752142,238118,16549,70821,27834,46241,96338,79131,69626,3828,5181,870-35,840
454/9 23,61934,02310,563606--19,95319,2129,945---------
47/48 90,109120,469218,8923,1307,41112,777------------
492/3 640,622258,159125,4911,875-15,650-44,976----------
Income statement
70 -----------------350,717
9900 7.0m4.3m3.2m1.3m870,775284,596302,459219,64784,62461,94448,92433,07996,60084,58752,06181,129-18,493130,315
60/61 -----------------224,298
62 159,857104,68149,89710,80933923,40629,40431,70030,573-------67-
630 472,63731,29856,29557,20538,47520,01441,2779,9559,4146,2116,2105,8547,5417,91711,36814,9809,2805,485
635/8 -------------25,000----
640/8 17,9698,1125,1584,2563,4022,8764,7683,4701,3512,3261,6516202,3327,4499011,4935,387527
66A --455,108---------------
9901 6.4m4.1m2.6m1.2m828,559238,300227,011174,52243,28753,40841,06326,60586,72844,22139,79264,655-33,226124,303
75/76B 15,2475,4931,1174,24664,9792,8614,5945,1034,1294,6994,1871415685786410777-
75 15,2475,4931,1174,24664,9792,8614,5945,1034,1294,6994,1871415685786410777-
65/66B 114,499112,61747,60236,00920,8918,16413,0627,68213,53138,18116,68313,61417,84518,03914,03214,09714,9293,155
65 114,499112,61747,60236,00920,7468,16413,0627,68213,53138,18116,68313,61417,84518,03914,03214,09714,9293,155
66B ----145-------------
9903 6.3m4.0m2.6m1.2m872,647232,996218,543171,94333,88519,92628,56713,13169,45126,76025,82550,665-48,077121,148
67/77 1.8m1.3m883,954320,293289,38278,77074,58047,37613,0427,1467,6963,18822,5228,2736,6391,8721135,703
9904 4.5m2.7m1.7m858,710583,266154,226143,963124,56620,84212,78020,8719,94446,92918,48619,18648,793-48,08885,445
689 999,997421,000210,500210,500--------------
9905 3.5m2.3m1.5m648,210583,266154,226143,963124,56620,84212,78020,8719,94446,92918,48619,18648,793-48,08885,445
Appropriation of the result
9906 3.8m2.6m1.8m981,564916,620487,580383,354239,391134,825114,286101,50680,63570,69123,76274,58755,4016,60859,036
14P 347,754333,354333,354333,354333,354-------------
791/2 737,49250,00020,000--12,777------------
691/2 1.8m2.3m1.5m648,210583,266154,22650,000-20,00012,777-------4,340
6920 -----------------4,340
6921 1.8m2.3m1.5m648,210583,266154,22650,000-20,00012,777--------
694/7 737,49250,00020,000--12,777------------
694 737,49250,00020,000--12,777------------
Social balance sheet
9087 4210.4-0.50.70.80.8---------
Hours worked1013 5,9913,628174729-1,1121,1871,4901,485---------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 18 older financial years (1988-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 28-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 28 days after the deadline. Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00480562.

Financial year Type Filed Reference Document
31-12-2025 abbreviated format 28-08-2026 2026-00480562 PDF
31-12-2024 full format 29-09-2025 2025-00511618 PDF
31-12-2023 full format 23-01-2025 2025-00009808 PDF
31-12-2022 full format 18-12-2023 2023-00529882 PDF
31-12-2021 full format 26-12-2022 2022-20547255 PDF
31-12-2020 full format 26-10-2021 2021-73100394 PDF
31-12-2019 full format 30-11-2020 2020-74100526 PDF
31-12-2018 full format 29-08-2019 2019-58700309 PDF
31-12-2017 full format 31-10-2018 2018-71100044 PDF
31-12-2015 full format 05-10-2016 2016-64700130 PDF
31-12-2014 full format 08-10-2015 2015-64600433 PDF
31-12-2013 full format 28-10-2014 2014-65800215 PDF
31-12-2012 full format 10-12-2013 2013-68200172 PDF
31-12-2011 full format 24-12-2012 2012-67900313 PDF
31-12-2009 full format 31-08-2010 2010-53200565 PDF
31-12-2008 full format 21-08-2009 2009-62600077 PDF
31-12-2007 full format 31-07-2008 2008-52000116 PDF
31-12-2006 full format 06-06-2007 2007-18500311 PDF
31-12-2005 full format 22-09-2006 2006-79001644 PDF
31-12-2004 full format 11-07-2005 2005-45804687 PDF
31-12-2003 full format 09-06-2004 2004-21804112 PDF
31-12-2002 full format 10-06-2003 2003-21100333 PDF
31-12-2001 full format 12-06-2002 2002-20001010 PDF
31-12-2000 full format 14-06-2001 2001-21300034 PDF
31-12-1999 full format 22-06-2000 2000-26203769 PDF
31-12-1998 full format 07-07-1999 1999-30801655 PDF
31-12-1997 full format 18-06-1998 1998-19104909 PDF
31-12-1996 full format 11-06-1997 1997-14003489 PDF
31-12-1995 full format 24-06-1996 1996-20505006 PDF
31-12-1994 full format 19-06-1995 1995-25600732 PDF
31-12-1993 full format 22-06-1994 1994-18101280 PDF
31-12-1992 full format 14-06-1993 1993-12405288 PDF
31-12-1991 full format 10-06-1992 1992-09900165 PDF
31-12-1990 full format 05-12-1991 1991-31902362 PDF
31-12-1989 full format 07-06-1990 1990-07202362 PDF
31-12-1988 full format 31-07-1989 1989-18900099 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017201520142013201220112009200820072006
6.8m4.1m2.7m1.3m867,034258,314268,288184,47752,70159,61947,27332,45994,26852,13851,16079,635-23,946129,788
4.9m2.8m1.8m915,915621,740174,241185,240134,52230,25718,99127,08115,79854,47026,40430,55463,773-38,80890,930
3.4m47,8528,360320,6901,31570,921190,8021,7401,07402,12811,03702,0891,14724,892115,02822,480
2.2m2.4m2.4m627,145810,241-18,844252,073217,015-72,77413,358-90,29048,193-13,791-20,03654,017-
7.5m6.3m3.5m1.7m1.1m470,414386,503368,811208,869141,324130,734116,950115,31568,04891,25168,04627,61877,845
-----------------35.4%
72.9%73.7%67.9%73.9%70.7%65.4%58.8%66.4%66.8%53.2%49.7%34.8%30.8%29.1%45.3%34.5%18.4%69.3%
3.404.163.193.493.503.092.725.265.313.002.831.751.651.832.481.631.202.77
3.374.113.123.493.493.072.695.205.072.812.591.621.591.722.351.571.082.35
0.370.360.470.350.410.530.700.510.500.730.851.692.042.121.211.904.420.44
44.0%42.6%45.8%41.9%49.1%25.5%31.0%38.7%10.6%7.6%13.5%7.4%37.8%23.9%14.9%44.5%-88.5%83.4%
32.0%31.4%31.1%31.0%34.7%16.7%18.2%25.7%7.1%4.1%6.7%2.6%11.7%6.9%6.8%15.4%-16.3%57.8%
59.6136.8256.6935.2141.79-------------
-----------------87 days
-----------------9 days

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-2022
Employees at the balance-sheet date6211
full-time4211
part-time2---
in full-time equivalents4.6211
3.620.20.4
On a permanent contract3211
Joined-111
Left-000

Source: social balance sheet in the 2022 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€3.4m€47,852€8,360€320,690€1,315
€472,637€31,298€56,295€57,205€38,475

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on DRAGON DIFFUSION

The operating result for 2025 is 54% higher than in 2024 and the highest since 2006. It is the eighth rise in a row.

Debt's share of the balance-sheet total rises from 26.3% to 27.1%. Equity and debt are higher.

Large changes and their cause
  • 2025 Net result +63% on 2024. The accounts now follow the abbreviated format, last year the full format.

Board & ownership

Board

1 director
WRIGHT Craig
Director
in office according to the deed of 09-01-2024 term without a fixed end
listed in the 2025 annual accounts, filed on 28-08-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 09-01-2024

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
WRIGHT Craig
Director
Boardmandate already running before its first mention
Mandates as a list
  • WRIGHT Craig
    • Director, since before 31-12-2021

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€43,400
Source
deed of 09-01-2024

Articles of association

deed of 09-01-2024 (in French)
Name, seat, purpose and duration
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board and representation
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Rémunération des administrateurs, L'assemblée générale décide si le mandat d'administrateur est ou non exercé gratuitement”
Capital, shares and profit
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Tous les frais de procédure et d’expertise étant pour moitié à charge du cédant et pour moitié à charge du ou des acquéreurs…”
Share issue ruleThe articles set how and by whom new shares are issued.
“Libérées à leur émission, En cas d’actionnaire unique-administrateur, ce dernier détermine librement, au fur et à mesure des besoins de la…”
“Au moins quinze jours à dater de l'ouverture de la souscription, actions nouvelles à souscrire en numéraire doivent être offertes par…”
General meeting and financial year
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Thursday of May at 11:00
Audit, dissolution and liquidation
Auditor ruleThe articles set how a statutory auditor is appointed and what they check.
“Nommés pour trois ans, Contrôle de la société”
Dissolution ruleThe articles set when and by whom the company can be dissolved.
“La société peut être dissoute en tout temps, par décision de l'assemblée générale délibérant dans les formes prévues pour les modifications…”

Capital transactions

Capital over time
  1. 09-01-2024 Converted to unavailable equity · €43,400
  2. 09-01-2024 Converted to unavailable equity · €4,340

Network & group

No group

DRAGON DIFFUSION has no parent and no holdings in its annual accounts. WRIGHT Craig is the only director. DRAGON DIFFUSION shares no director with another company.

At the same address

Landbouwstraat 103, 1030 Schaerbeek · 3 other companies
IMMO D4
registered office since 16-05-2008 · founded in 2008 · negative equity (2025)
 total assets €402,570 (2025)
0897.950.972
AFCP DISTRIBUTION S.A.
registered office since 06-04-2005 · founded in 2004 · negative equity (2025)
 total assets €42,490 (2025)
0870.074.261
Kone, Fatouma (sole trader)
establishment since 01-07-2026
 founded in 2026
1034.015.545

Timeline

Timeline

51 events since 1988

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBabbreviated format · 28 days late
2025
Highest result from 2006 to 2025 net €4.5m ▲63.1% The operating result of €6.4m and the net result of €4.5m are both a record.
Equity above €10m equity €10.1m ▲58% After 16 profitable years in a row, equity reaches €10.1m.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0434289091
Annual accounts 2024 filed PDFfull format · 60 days late
New establishment in Temse Dragon Diffusion Warehouse, Frank Van Dyckelaan 11
Annual accounts 2023 filed PDFfull format · 176 days late
2024
Equity above €5m equity €6.4m ▲71.8% After 15 profitable years in a row, equity reaches €6.4m.
Reappointment: WRIGHT Craig (director)Legal-form conversion: to private limited company · General meeting of 28-12-20237 points ▸
  • General meeting, 28-12-2023
  • Legal-form conversion, to private limited company
  • 1,750 shares
  • Capital, €43,400
  • Director reappointment, WRIGHT Craig
  • Registered office clause, rue de l'Agriculture 103, 1030 Schaerbeek
  • Power of attorney, Olivier BROUWERS
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

2023
Annual accounts 2022 filed PDFfull format · 140 days late
2022
Equity above €2m equity €2.0m ▲72.2% After 13 profitable years in a row, equity reaches €2.0m.
Annual accounts 2021 filed PDFfull format · 148 days late
2021
Equity above €1m equity €1.2m ▲96.4% After 12 profitable years in a row, equity reaches €1.2m.
Annual accounts 2020 filed PDFfull format · 87 days late
2020
Equity above €500,000 equity €605,320 ▲30.2% After 11 profitable years in a row, equity reaches €605,320.
Annual accounts 2019 filed PDFfull format · 122 days late
2019
Annual accounts 2018 filed PDFfull format · 29 days late
2018
Equity above €200,000 equity €321,708 ▲63.2% After 9 profitable years in a row, equity reaches €321,708.
Annual accounts 2017 filed PDFfull format · 92 days late
2016
Annual accounts 2015 filed PDFfull format · 66 days late
2015
Annual accounts 2014 filed PDFfull format · 69 days late
2014
Equity above €150,000 equity €154,579 ▲15.4% After 6 profitable years in a row, equity reaches €154,579.
Annual accounts 2013 filed PDFfull format · 89 days late
2013
Annual accounts 2012 filed PDFfull format · 132 days late
2012
Annual accounts 2011 filed PDFfull format · 146 days late
2010
Annual accounts 2009 filed PDFfull format · 31 days late
2009
Annual accounts 2008 filed PDFfull format · 21 days late
2008
Back to profit net €48,793 The net result is €48,793, after one loss-making year.
Annual accounts 2007 filed PDFfull format · on the deadline day
2007
Weakest financial year net -€48,088 The net result drops to -€48,088, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2006 filed PDFfull format · 55 days before the deadline
2006
Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFfull format
2004
Annual accounts 2003 filed PDFfull format
2003
Annual accounts 2002 filed PDFfull format
2002
Annual accounts 2001 filed PDFfull format
2001
Annual accounts 2000 filed PDFfull format
2000
Annual accounts 1999 filed PDFfull format
1999
Annual accounts 1998 filed PDFfull format
1998
Annual accounts 1997 filed PDFfull format
1997
Annual accounts 1996 filed PDFfull format
1996
Annual accounts 1995 filed PDFfull format
1995
Annual accounts 1994 filed PDFfull format
1994
Annual accounts 1993 filed PDFfull format
1993
Annual accounts 1992 filed PDFfull format
1992
Annual accounts 1991 filed PDFfull format
1991
Annual accounts 1990 filed PDFfull format
1990
Annual accounts 1989 filed PDFfull format
1989
Annual accounts 1988 filed PDFfull format
1988
First establishment Landbouwstraat 103, Schaerbeek
Incorporation published on 10-06-1988

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 26 April 1988, DRAGON DIFFUSION was incorporated.1 Total assets went from €484,817 in 2018 to €13.9m in 2025 and headcount from 0.8 to 4 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0434.289.091
VAT number
BE 0434.289.091
Peppol ID
0208:0434289091
Other Peppol ID
9925:BE0434289091
Legal form
Private limited company
Status
Active, normal situation
Founded
26-04-1988
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Thursday of May at 11:00
deed of 09-01-2024 (in French)
Voting ruleThe articles set which majority the meeting decides by, for example a simple or a special majority.
“Tout actionnaire peut donner à toute autre personne, actionnaire ou non, par tout moyen de transmission, une procuration écrite pour le…”
deed of 09-01-2024 (in French)
Peppol
Reachable since 26-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
DRAGON DIFFUSION in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 09-01-2024 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région de Bruxelles-Capitale”
deed of 09-01-2024 (in French)

Activities

NACEBEL 2025
VAT activities
46423 Wholesale of clothing, excluding workwear and underwear main activity
Social security (RSZ) activities
47716 Retail sale of clothing and accessories for women, men, children and babies (general range) main activity
Codes under NACEBEL 2008
VAT activities
46423 Wholesale of clothing, excluding workwear and underwear main activity
Social security (RSZ) activities
47716 Retail trade main activity
Codes under NACEBEL 2003
51421 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Toutes opérations se rapportant directement à la création de mode, tant en Belgique qu'à l'étranger, à l'import, à l'export, à la vente, à…”
6 activities
  1. Toutes opérations se rapportant directement à la création de mode, tant en Belgique qu'à l'étranger, à l'import, à l'export, à la vente, à la distribution en gros, semi-gros et détail de tous produits et matières textiles ainsi que de tous articles de fantaisie en tous genres, ceci devant être compris dans le sens le plus large
  2. Toute mission et activité découlant de la décoration et de l’aménagement d'intérieur, tous travaux de conception et de fabrication de pièces de mobiliers et d'objets de décoration, tous travaux d'étude, de consultance ainsi que toute réalisation en matière de décoration d'intérieur, la réalisation de projets de design mobilier et d'aménagement d'intérieur, l’achat et la vente en gros et au détail, de tous biens meubles, objets et accessoires de décoration de quelque nature qu'ils soient
  3. Les activités d'agent commercial assurant la distribution de produits divers pour différents fournisseurs
  4. Toutes opérations commerciales, industrielles, mobilières ou financières se rattachant, directement ou indirectement, à son objet ou pouvant en faciliter la réalisation, et même des opérations immobilières
  5. S'intéresser par voie d'apport, fusion ou souscription, d'intervention financière ou par tout autre mode, dans des sociétés ou entreprises ayant, en tout ou en partie, un objet similaire ou connexe au sien, ou susceptible d'en favoriser la réalisation
  6. Prendre ou donner à bail, aliéner, acquérir tout immeuble et fonds de commerce, acquérir, exploiter, concéder ou céder tous brevets, marques ou licences relatives à des marchandises ou articles rentrant dans son objet, ou entreprises existantes ou à créer, doit l'objet serait similaire, analogue ou connexe au sien ou serait susceptible de constituer pour elle un débouché
deed of 09-01-2024 (in French)

Registered office and establishments

2 establishments
Establishment Since Unit number
Landbouwstraat 103 registered office 1030 Schaerbeek 03-06-1988 2.038.446.288
Dragon Diffusion Warehouse Frank Van Dyckelaan 11, 9140 Temse 46498 Wholesale trade 28-05-2025 2.378.955.385

Buildings and parcels at the addresses

Ground area
2,714 m²
Buildings
700 m²
Volume, LiDAR
5,936 m³
Tallest building
13.7 m
Buildings to scale, each on its own parcel
616 m², 12.2 m 84 m², 13.7 m 616 m², 12.2 m 84 m², 13.7 m

Location

registered office establishment All 2 establishment units on the map
4 companies at this address See who is registered here

Parcels

Flanders 1 (50%) Brussels 1 (50%)
Cadastral parcelRegionArea Buildings Height / floors
46025B1190/00T003Flanders2,631 m² 1 · 616 m² 12.2 m · 3
21902A0241/00M002Brussels83 m² 1 · 84 m² 13.7 m · 4

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