Losses
-€14,933 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
DRAIN SERVICES
Lifetime
20 annual accounts with figures on one time axis, 38 filings since 1988peak €30,171 (2020)
-€2,536▲ €624
lowest -€8,488 (2025)
-€8,488▼ €2,043
peak €30,883 (2023)
€15,950▼ 34.7%
€137,233▲ 195%
Board2 names since 2020
1 directorSchembri Kjell
Documentsfilings and deeds
02-07-202629 days before the deadline
2025micro format
Gross margin from -€3,160 to -€2,536Loss of €8,488Registered-office move 04-02Equity from €24,438 to €15,950Debts from €46,460 to €137,233Investments €10,841
Key points
from the 2025 annual accountsDebts
€137,233 90% of the balance sheet
Financial debts 0%Suppliers 93%Other 6%
Of this, €130,804 falls due within a year.
Investments
€13,776 5.4 × depreciation
Green is investment, beige is depreciation.
Turnover not published (micro format)
Checked score
61
Healthy
Financially stronger than 16% of micro companies in waste collection and treatment (NACE 38)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 520 companies (NACE 38, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025lowest value
03-2025: 0.7%▲ +0.4 percentage points vs 02-2025
04-2025: 0.8%▲ +0.1 percentage points vs 03-2025
05-2025: 1.0%▲ +0.2 percentage points vs 04-2025
06-2025: 0.9%▼ -0.1 percentage points vs 05-2025
07-2025: 0.8%▼ -0.1 percentage points vs 06-2025
08-2025: 0.8%● unchanged vs 07-2025
09-2025: 0.8%● unchanged vs 08-2025
10-2025: 0.8%● unchanged vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.7%▼ -0.1 percentage points vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.7%● unchanged vs 03-2026
05-2026: 0.8%▲ +0.1 percentage points vs 04-2026
06-2026: 0.7%▼ -0.1 percentage points vs 05-2026
07-2026: 0.8%▲ +0.1 percentage points vs 06-2026
08-2026: 1.5%▲ +0.7 percentage points vs 07-2026highest value
09-2026: 1.5%● unchanged vs 08-2026highest value
10-2026: 1.5%● unchanged vs 09-2026highest value
11-2026: 1.5%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Sector: Waste collection, recovery and disposal activities (NACE 38)
1 change of registered office in 24 months
lowers risk
Size: total assets €153,183
Figures for financial year 2025 (filed on 02-07-2026)
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 38, micro). It does better than 23% of them on solvency, 9% on liquidity, 17% on profitability and 14% on growth.
The bankruptcy probability was computed on 08-11-2026 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 low class on 30-06-2025, 0.8% 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, 2,450 companies had the same profile as DRAIN SERVICES has now. Each dot stands for 7 companies, two years later.
93.2%
were still trading
5.0%
stopped another way
1.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DRAIN SERVICES itself: 1.5% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 2,450 companies, not a prediction for DRAIN SERVICES. 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 €500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.03 (1.51 in 2024), below the usual 1.5. Short-term debt is 85.4% and cash 5.6% of total assets. 89.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€8,488
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 206 sector peers (2025).
NBB · sector comparisonPosition among 206 sector peers
Solvency
better than 25%
← weakest
strongest →
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 days early
2024
45 days early
2023
61 days early
2022
43 days early
2021
23 days early
2020
50 days early
2019
41 days early
← 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 42 days before the deadline. In the sector (NACE 38), the median for financial year 2024 was 8 days before the deadline, and 32% 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 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0434074703
Registered-office move
General meeting of 01-01-2025 · Gazette deed
Registered office moved within Opwijk
New registered office: GROENSTRAAT 31, 1745 OPWIJK · Previous registered office: GROENSTRAAT 19, 1745 OPWIJK · General meeting of 06-04-2020 · Gazette deed
Company renamed from GENERAL ENTERPRISE to Drain Services
Resignation: Sukkar Bassel (manager) · Appointment: Schembri Kjell (director) · “De vervaardiging en de montage van metalen constructiewerken en gebinten voor de bouw; Vervaardiging van…” (deed in Dutch) · General meeting of 06-02-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DRAIN SERVICES Kapelle-op-den-Bos | €153,183 | -€2,536 | 10.4% | - |
| 1 LOGISTICS EUROPE La Louvière | €33,605 | -€2,000 | 99.9% | - |
| C-Service Laarne | €118,384 | €21,754 | 57.7% | - |
| BRANCALEONI DIFFUSION Sprimont | €647,678 | €33,742 | 95.0% | - |
| ARTISTUK Opwijk | €283,530 | €57,941 | 41.1% | - |
| ALL GREEN RECYCLING Brussels | €59,236 | €22,355 | 76.3% | - |
| ECO-CUBE Vilvoorde | €81,466 | -€3,790 | 96.1% | - |
These companies have the same main activity as DRAIN SERVICES: waste collection, recovery and disposal activities (NACE 38320). They are comparable in size and age: total assets between €33,600 and €648,000, founded between 1983 and 2020.
Official details
Source: KBO- Status
- Active since 04-05-1988Normal situation
- Activity
- Waste collection, recovery and disposal activitiesNACE 38320and 4 others
- Establishment unit
- 2.038.495.9761880 Kapelle-op-den-Bos, since 07-06-1988
- Financial year end
- 31 December
- Peppol
- Reachable since 21-12-2025
Annual accounts 2025
- €153,183▲ 116%
- Filing
- Filed on 02-07-2026, 29 days before the end of the filing period
Insights on DRAIN SERVICES
DRAIN SERVICES files the micro format. That format states no turnover. The gross margin fell from -€2,506 in 2006 to -€2,536 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DRAIN SERVICES
- What is the company number of DRAIN SERVICES?
- The company number of DRAIN SERVICES is 0434.074.703. The VAT number is the same number with BE in front: BE 0434.074.703.
- Where is DRAIN SERVICES based?
- The registered office is at Kuiermansstraat 66, 1880 Kapelle-op-den-Bos.Company details
- What does DRAIN SERVICES do?
- According to the KBO register, the main activity is waste collection, recovery and disposal activities (NACE 38320).
- What is the legal form of DRAIN SERVICES?
- DRAIN SERVICES is a private limited company (BV).
- When was DRAIN SERVICES founded?
- DRAIN SERVICES was founded on 04-05-1988.
- Is DRAIN SERVICES still active?
- Yes, DRAIN SERVICES is an active enterprise in the KBO register.
- What is the turnover of DRAIN SERVICES?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is DRAIN SERVICES profitable?
- In financial year 2025, DRAIN SERVICES made a loss of €8,488.
- Where can I find the annual accounts of DRAIN SERVICES?
- DRAIN SERVICES filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DRAIN SERVICES due?
- DRAIN SERVICES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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