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DRAGOPAINT

Active
Public limited companyfounded 199729 yrs activeRue de l'Europe 42, 7080 Frameries, BelgiumKBO/BCE: BE 0460.676.754
Summary

DRAGOPAINT has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €41,521. Equity is growing by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 45% of 291 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch ReportCompare
DRAGOPAINTActiveChecked score 91/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of chemicals and chemical products
NACE 20300NACE 24300
#6 company by equity in Frameries, Manufacturing sector1 site
Size
€2.4mtotal assets 2025
Staff
11.8 FTE
Equity
€1.1m
Profit
€41,521
Financial health
91 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Largest shareholder
Groupe WR · 40%
Accounts filed 25 d late0 of 5 deeds read
Why 91- Size: 11.8 FTE, total assets €2.4m+ Founded in 1997+ Liquidity: current ratio 1.88, cash €322,234+ Equity €1.1m (47.4% of total assets)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Better than 43% of its sector peers (NACE 20, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 72-8
equity 47.4% of total assets
Liquidity 46-10
short-term debt 42.5% · cash 13.4%
Profitability 71-11
return on assets 1.7%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (150 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● 0.0% vs 11-2024 01-2025: 0.2%● 0.0% vs 12-2024 02-2025: 0.2%● 0.0% vs 01-2025 03-2025: 0.2%● 0.0% vs 02-2025 04-2025: 0.2%▲ +9.6% vs 03-2025 05-2025: 0.2%▲ +5.9% vs 04-2025 06-2025: 0.2%▼ -1.8% vs 05-2025 07-2025: 0.3%▲ +42.3% vs 06-2025 08-2025: 0.5%▲ +80.9% vs 07-2025highest value 09-2025: < 0.1%▼ -91.6% vs 08-2025 10-2025: < 0.1%▼ -2.2% vs 09-2025lowest value 11-2025: < 0.1%● 0.0% vs 10-2025lowest value 12-2025: < 0.1%● 0.0% vs 11-2025lowest value 01-2026: < 0.1%● 0.0% vs 12-2025lowest value 02-2026: < 0.1%● 0.0% vs 01-2026lowest value 03-2026: < 0.1%● 0.0% vs 02-2026lowest value 04-2026: < 0.1%▲ +2.2% vs 03-2026 05-2026: < 0.1%▲ +2.2% vs 04-2026 06-2026: < 0.1%● 0.0% vs 05-2026 07-2026: < 0.1%▲ +2.1% vs 06-2026 08-2026: 0.1%▲ +135% vs 07-2026 09-2026: 0.1%▲ +11.5% vs 08-2026 10-2026: 0.1%▲ +2.4% vs 09-2026
  • Founded in 1997 lowers the probability for this profile
  • Size: 11.8 FTE, total assets €2.4m raises the probability for this profile
  • Liquidity: current ratio 1.88, cash €322,234 lowers the probability
  • Equity €1.1m (47.4% of total assets) lowers the probability
Credit up to €100,000 at 30 days acceptable
Liquidity ample (current ratio 1.88 against 2.37 in 2024; short-term debt: 42.5% and cash: 13.4% of total assets), but 52.6% 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 20, small). Better than this share of them on solvency 46%, liquidity 50%, profitability 55%, growth against the median 22%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. 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.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Founded in 1997
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Size: 11.8 FTE, total assets €2.4m
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.88, cash €322,234
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Equity €1.1m (47.4% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 filings
Deviation from the deadline
2025
25 d late
2024
19 d late
2023
20 d late
2022
11 d early
2021
8 d late
2020
16 d late
2019
7 d late
← 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 12 days after the deadline; the sector median for financial year 2024 is 22 days before the deadline, and 27% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 19 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Weakest financial yearnet €41,521 ▼82.6%
  3. Annual accounts filedfiscal year 2024 · full…

Key points

  • Caution: Result fell in 2025from €238,972 to €41,521 ▼ 82.6% View
  • Positive: Company by equity in Frameries, Manufacturing sectorin the Checked rankings #6 View
  • Positive: 8 profitable years in a rowprofit 2025: €41,521 8 years View

By topic

Financials

Fiscal year
2025
Total assets
€2.4m
Profit
€41,521
Solvency
47.4%
Total assets▲ 6.0%
Net result
20182025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 25-08-2026Annual accounts filed
  2. 31-12-2025Weakest financial year
  3. 19-08-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of chemicals and chemical productsNACE 20300
Founded
16-05-1997
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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