The computed 12-month bankruptcy probability of DRAGXEN CONSTRUCT is 11.8% (high). The 2024 annual accounts show equity of €43,420 and a net result of €43,420. Its solvency ranks better than 95% of 1,282 sector peers (NACE 41, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Signalsraises riskSize: turnover €167,525, total assets €45,696Figures for financial year 2024 (filed 09-06-2025)Ex-officio strike-off in the KBO1 change of registered office in 24 monthsAdministrative warnings in the KBO publicationsneutralFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Bankruptcy probability: High
Financial strength, FY 2024
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency100
equity 95.0% of total assets
Liquidity66
short-term debt 5.0% · cash 12.8%
Profitability100
return on assets 95.0%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
11.8%High
0%0.5%1.5%4%10%≥ 25%
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
Sector median 1.5% (13,424 companies, NACE 41, micro)
Last 24 months11-2024: 3.5%12-2024: 3.5%● unchanged vs 11-202401-2025: 3.3%▼ -0.2 percentage points vs 12-2024lowest value02-2025: 3.3%● unchanged vs 01-202503-2025: 3.7%▲ +0.4 percentage points vs 02-202504-2025: 3.7%● unchanged vs 03-202505-2025: 3.7%● unchanged vs 04-202506-2025: 10.8%▲ +7.1 percentage points vs 05-202507-2025: 5.0%▼ -5.8 percentage points vs 06-202508-2025: 5.0%● unchanged vs 07-202509-2025: 5.0%● unchanged vs 08-202510-2025: 5.1%▲ +0.1 percentage points vs 09-202511-2025: 5.1%● unchanged vs 10-202512-2025: 5.1%● unchanged vs 11-202501-2026: 5.9%▲ +0.8 percentage points vs 12-202502-2026: 7.2%▲ +1.3 percentage points vs 01-202603-2026: 7.1%▼ -0.1 percentage points vs 02-202604-2026: 7.1%● unchanged vs 03-202605-2026: 6.2%▼ -0.9 percentage points vs 04-202606-2026: 6.3%▲ +0.1 percentage points vs 05-202607-2026: 8.9%▲ +2.6 percentage points vs 06-202608-2026: 9.0%▲ +0.1 percentage points vs 07-202609-2026: 9.3%▲ +0.3 percentage points vs 08-202610-2026: 11.8%▲ +2.5 percentage points vs 09-2026highest value
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 03-06-2025, 34 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.
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 34 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.