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DRAGON MANAGEMENT

Active
Private limited companyfounded 199629 yrs activeDrijpikkelstraat 51, 1861 Meise, BelgiumKBO/BCE: BE 0459.638.260
Summary

DRAGON MANAGEMENT has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €71,608 and a net result of €38,320. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency100▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 22.66 against 2.83 in 2024; short-term debt: 4.4% and cash: 0.6% of total assets), and 4.4% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 29 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
95.6%
Return on assets
51.2%
Age of the figures
15 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €71,608
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
on the day
2021
on the day
2020
2 d early
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average on the deadline day; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 31 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 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 MANAGEMENT was incorporated on 27 December 1996.1 Total assets rose from EUR 24,895 in 2019 to EUR 74,914 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
€71,608▲ 115%
2024 · €33,288
Total assets
€74,914▲ 45.6%
2024 · €51,446
Net result
€38,320▲ 17.6%
2024 · €32,574
Working capital
€71,607▲ 115%
2024 · €33,287
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€1,723▲ 23.9%-€1,205▲ 30.1%€231€17,471▲ 7,470%€21,716▲ 24.3%
Net result-€473▲ 79.5%-€1,280▼ 171%€211€32,574▲ 15,316%€38,320▲ 17.6%
Equity€1,783▼ 21.0%€503▼ 71.8%€714▲ 42.0%€33,288▲ 4,559%€71,608▲ 115%
Total assets€49,801▲ 31.0%€39,265▼ 21.2%€4,861▼ 87.6%€51,446▲ 958%€74,914▲ 45.6%
Debt€48,018▲ 34.3%€38,762▼ 19.3%€4,147▼ 89.3%€18,158▲ 338%€3,306▼ 81.8%
Working capital€6,282▲ 9.2%€502▼ 92.0%€3,213▲ 540%€33,287▲ 936%€71,607▲ 115%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000Operating result 2021: -€1,723-€1,723Net result 2021: -€473-€473Operating result 2022: -€1,205-€1,205Net result 2022: -€1,280-€1,280Operating result 2023: €231€231Net result 2023: €211€211Operating result 2024: €17,471€17,471Net result 2024: €32,574€32,574Operating result 2025: €21,716€21,716Net result 2025: €38,320€38,32020212022202320242025€0€10,000€20,000€30,000€40,000Operating result 2023: €231€231Net result 2023: €211€211Operating result 2024: €17,471€17,500Net result 2024: €32,574€32,600Operating result 2025: €21,716€21,700Net result 2025: €38,320€38,300202320242025
The operating result has risen four years in a row; 2025 is 24% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €74,914
Fixed assets €1 =
Current assets €74,913 ▲ 45.6%
Equity and liabilities €74,914
Equity €71,608 ▲ 115%
Debt €3,306 ▼ 81.8%
Debt's share of the balance-sheet total falls from 35.3% to 4.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Current ratio
22.66▲
2024 · 2.83
Debt to equity
0.05▼
2024 · 0.55
ROE
53.5%▼
2024 · 97.9%
ROA
51.2%▼
2024 · 63.3%
Debt ≤ 1 year
€3,306▼
2024 · €18,158
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.4% went bankrupt
5.9% stopped otherwise
93% 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 0.7% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 31,349 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 · 29 lines
Balance sheet Code20242025
Assets
Total assets20/58€51,446€74,914▲
Fixed assets21/28€1€1=
Financial fixed assets28€1€1=
Current assets29/58€51,445€74,913▲
Amounts receivable within one year40/41€50,276€74,442▲
Trade receivables40€44,275€46,093▲
Other amounts receivable41€6,001€28,349▲
Cash at bank and in hand54/58€1,169€472▼
Equity and liabilities
Total equity and liabilities10/49€51,446€74,914▲
Equity10/15€33,288€71,608▲
Contributions10/11€1.4m€1.4m=
Profit (loss) carried forward14-€1.3m-€1.3m▲
Amounts payable17/49€18,158€3,306▼
Amounts payable within one year42/48€18,158€3,306▼
Trade debts44€6,000€2,400▼
Suppliers440/4€6,000€2,400▼
Other amounts payable47/48€12,158€906▼
Income statement Code20242025
Other operating charges640/8€384€387▲
Gross operating margin9900€17,855€22,104▲
Operating profit (loss)9901€17,471€21,716▲
Financial income75/76B€15,434€16,899▲
Recurring financial income75€15,434€16,899▲
Financial charges65/66B€331€296▼
Recurring financial charges65€331€296▼
Profit (loss) for the period before taxes9903€32,574€38,320▲
Profit (loss) for the period9904€32,574€38,320▲
Profit (loss) for the period to be appropriated9905€32,574€38,320▲
Appropriation of the result
Profit (loss) to be appropriated9906-€1.3m-€1.3m▲
Profit (loss) brought forward from the previous period14P-€1.3m-€1.3m▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8-€560€125€384€387▲ 0.8%
Gross operating margin9900-€1,360-€645€356€17,855€22,104▲ 23.8%
Operating profit (loss)9901-€1,723-€1,205€231€17,471€21,716▲ 24.3%
Financial income75/76B--€150€15,434€16,899▲ 9.5%
Recurring financial income75€1,326-€150€15,434€16,899▲ 9.5%
Financial charges65/66B-€76€169€331€296▼ 10.6%
Recurring financial charges65€76€76€169€331€296▼ 10.6%
Profit (loss) for the period before taxes9903-€473-€1,280€212€32,574€38,320▲ 17.6%
Income taxes67/77--€1---
Profit (loss) for the period9904-€473-€1,280€211€32,574€38,320▲ 17.6%
Profit (loss) for the period to be appropriated9905-€473-€1,280€211€32,574€38,320▲ 17.6%
Line20212022202320242025Change
Assets
Total assets20/58€49,801€39,265€4,861€51,446€74,914▲ 45.6%
Fixed assets21/28€1€1€1€1€1=
Financial fixed assets28€1€1€1€1€1=
Current assets29/58€49,800€39,264€4,860€51,445€74,913▲ 45.6%
Amounts receivable within one year40/41€38,036€4,000€4,500€50,276€74,442▲ 48.1%
Trade receivables40-€4,000€4,500€44,275€46,093▲ 4.1%
Other amounts receivable41---€6,001€28,349▲ 372%
Cash at bank and in hand54/58€11,765€35,264€360€1,169€472▼ 59.7%
Equity and liabilities
Total equity and liabilities10/49€49,801€39,265€4,861€51,446€74,914▲ 45.6%
Equity10/15€1,783€503€714€33,288€71,608▲ 115%
Contributions10/11-€1.4m€1.4m€1.4m€1.4m=
Profit (loss) carried forward14-€1.3m-€1.3m-€1.3m-€1.3m-€1.3m▲ 2.9%
Amounts payable17/49€48,018€38,762€4,147€18,158€3,306▼ 81.8%
Amounts payable within one year42/48€43,518€38,762€1,647€18,158€3,306▼ 81.8%
Financial debts43--€3---
Credit institutions430/8--€3---
Trade debts44€4,761€450-€6,000€2,400▼ 60.0%
Suppliers440/4-€450-€6,000€2,400▼ 60.0%
Other amounts payable47/48-€38,312€1,644€12,158€906▼ 92.5%
Accrued charges and deferred income492/3--€2,500---
Line20212022202320242025Change
Profit (loss) for the period9904-€473-€1,280€211€32,574€38,320▲ 17.6%
Operating cash flow (approximation)-€473-€1,280€211€32,574€38,320▲ 17.6%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€23,499-€34,903€809-€697▼ 186%

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 31-01-2027
2026
31-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Highest result since 2019net €38,320 ▲17.6%
Operating result €21,716, net result €38,320, both a record.
30-06
Financial Liquidity times 8current ratio 22.66
Current ratio from 2.83 to 22.66; short-term debt falls from €18,158 to €3,306.
31-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-01
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial Back to profitnet €211
Net result €211 after 4 loss-making years.
30-06
Financial Liquidity triplescurrent ratio 2.95
Current ratio from 1.01 to 2.95; short-term debt falls from €38,762 to €1,647.
31-01
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-01
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-01
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-01
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-01
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-02
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 7 days late
2017
28-02
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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
5 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, Meise · 1 establishment unit since 1996
seat establishment The establishment unit on the map
Ground area
3,661 m²
Building footprint
955 m²
Volume, LiDAR
7,470 m³
2 parcels, Flanders · tallest building 14.3 m, ±3 floors. Linked by address, not a title deed.
10 companies at this address See who is registered here
1 establishment unit
DRAGON MANAGEMENT
Drijpikkelstraat 49, 1861 MeiseHoldings
since 19962.131.214.318
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23093C0181/00G002 Flanders 2,610 m² 1 · 585 m² 14.3 m · 3 fl.
23093C0181/00F002 Flanders 1,051 m² 1 · 369 m² 6.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner · 1 holding

Chain of control

  1. BOHA 99%
  2. DRAGON INVEST 100%
  3. DRAGON MANAGEMENT

Highest known parent: BOHA. The sources do not say who stands above it.

Owners 1

Holdings 1

According to the annual accounts to 30-06-2023 of DRAGON MANAGEMENT and those of the other companies, the acts in the Belgian Gazette and the LEI register. 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 fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Legal Entity Identifier

967600E59TCMZJINZR21
no longer live in the LEI register

Identification & contact

Identification
Legal formPrivate limited company
Founded27-12-1996
Fiscal year end30-06
E-invoicing
Reachable via Peppol
Peppol ID 0208:0459638260
Also 9925:BE0459638260
Registered 26-09-2025

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

Register as of 28 September 2026 · Peppol Directory

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