DRAGON GOLF
ActiveDRAGON GOLF has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25k and a net result of €3k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 36% of 2281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▲+15
Solvency36▼-1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 1.59 in 2024; short-term debt: 53.2% and cash: 15.6% of total assets), and 88.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
11.3%
Return on assets
1.2%
Age of the figures
9 mo
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
29 d early
2023
20 d early
2022
3 d early
2021
29 d late
2020
4 d early
2019
23 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€25k▲ 12.1%
2024 · €22k
2018: €27k
2019: €13k
2020: €31k
2021: €264
2022: €29k
2023: €30k
2024: €22k
2018 → 2025
Total assets
€221k▲ 17.6%
2024 · €188k
2018: €259k
2019: €222k
2020: €240k
2021: €219k
2022: €147k
2023: €216k
2024: €188k
2018 → 2025
Net result
€3k
2024 · €-8k
2018: €18k
2019: €-14k
2020: €18k
2021: €-31k
2022: €28k
2023: €2k
2024: €-8k
2018 → 2025
Working capital
€23k▼ 53.2%
2024 · €49k
2018: €-7k
2019: €-36k
2020: €6k
2021: €3k
2022: €15k
2023: €90k
2024: €49k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€264-€29k▲ 10,782%€30k▲ 6.3%€22k▼ 26.9%€25k▲ 12.1%
Operating result€-27k-€35k€14k▼ 60.0%€5k▼ 64.3%€13k▲ 165%
Net result€-31k-€28k€2k▼ 93.7%€-8k€3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 165% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €221k
Fixed assets
€80k▲ 48.1%
Current assets
€141k▲ 5.2%
Equity and liabilities €221k
Equity
€25k▲ 12.1%
Debt
€196k▲ 18.3%
The debt ratio rises from 88.1% to 88.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€31k▲
2024 · €24k
Cash flow
€21k▲
2024 · €11k
Solvency
11.3%▼
2024 · 11.9%
Current ratio
1.20▼
2024 · 1.59
Quick ratio
0.65▼
2024 · 0.85
Debt / equity
7.84▲
2024 · 7.43
ROE
10.8%▲
2024 · -36.8%
ROA
1.2%▲
2024 · -4.4%
Interest coverage
2.77▲
2024 · 1.76
Debt
€196k▲
2024 · €166k
Debt ≤ 1 year
€118k▲
2024 · €84k
Debt > 1 year
€77k▼
2024 · €80k
Income taxes
€354▲
2024 · €342
Staff costs
€14k▼
2024 · €25k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€188k€221k▲
Fixed assets21/28€54k€80k▲
Tangible fixed assets22/27€53k€79k▲
Land and buildings22€2k€2k▼
Plant, machinery and equipment23€38k€32k▼
Furniture and vehicles24€7k€43k▲
Leasing and similar rights25€5k€2k▼
Financial fixed assets28€1k€1k=
Current assets29/58€134k€141k▲
Stocks and contracts in progress3€62k€65k▲
Stocks30/36€62k€65k▲
Amounts receivable within one year40/41€13k€31k▲
Trade receivables40€3k€12k▲
Other amounts receivable41€10k€20k▲
Cash at bank and in hand54/58€55k€35k▼
Deferred charges and accrued income490/1€4k€10k▲
Equity and liabilities
Total equity and liabilities10/49€188k€221k▲
Equity10/15€22k€25k▲
Contributions10/11€25k€25k=
Reserves13€6k€6k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€-9k€-6k▲
Amounts payable17/49€166k€196k▲
Amounts payable after more than one year17€80k€77k▼
Financial debts170/4€80k€77k▼
Amounts payable within one year42/48€84k€118k▲
Current portion of amounts payable after more than one year42€43k€40k▼
Financial debts43€462€18k▲
Credit institutions430/8€462€18k▲
Trade debts44€28k€44k▲
Suppliers440/4€28k€44k▲
Advances received on contracts in progress46€3k€2k▼
Taxes, remuneration and social security45€10k€14k▲
Taxes450/3€9k€14k▲
Remuneration and social security454/9€1k€317▼
Accrued charges and deferred income492/3€2k€2k=
Income statement
Code20242025
Remuneration, social security and pensions62€25k€14k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€18k▼
Other operating charges640/8€8k€10k▲
Gross operating margin9900€57k€55k▼
Operating profit (loss)9901€5k€13k▲
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€14k€11k▼
Recurring financial charges65€14k€11k▼
Profit (loss) for the period before taxes9903€-8k€3k▲
Income taxes67/77€342€354▲
Profit (loss) for the period9904€-8k€3k▲
Profit (loss) for the period to be appropriated9905€-8k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-6k▲
Profit (loss) brought forward from the previous period14P€-319€-9k▼
Transfer from equity791/2€0-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Weakest financial yearnet €-31k ▼269%
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bornem · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Doregem(BOR) 922880 BornemGround area
6.7 ha
Building footprint
176 m²
Volume, LiDAR
747 m³
Parcel 12007D0208/00A000, Flanders · tallest building 8.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DRAGON GOLF
since 20032.116.462.596
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12007D0208/00A000 | Flanders | 6.7 ha | 1 · 176 m² | 8.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBornem2.116.462.596
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Of 3,292 companies in sector 93110 we hold annual accounts for 1,492. 829 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-11-2001
Fiscal year end31-12
Activities, NACEBEL
92613
93110Operation of sports facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.