DRAIN SERVICES
ActiveSummary
DRAIN SERVICES has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16k and a net result of €-8k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 25% of 175 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability12▲+5
Solvency35▼-24
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.03 against 1.51 in 2024; short-term debt: 85.4% and cash: 5.6% of total assets), and 89.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
10.4%
Return on assets
-5.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 38
Relative position
BE, all sectors
reference
Waste collection, recovery and disposal activities (NACE 38)
about 10% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 €-8k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 175 sector peers (2025).
NBB · sector comparisonPosition among 175 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 d early
2024
45 d early
2023
61 d early
2022
43 d early
2021
23 d early
2020
50 d early
2019
41 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€16k▼ 34.7%
2024 · €24k
2018: €-9klowest in 8 years
2019: €-6k▲ +27.4% vs 2018
2020: €19k▲ +410% vs 2019
2021: €28k▲ +45.1% vs 2020
2022: €29k▲ +1.2% vs 2021
2023: €31k▲ +8.3% vs 2022highest in 8 years
2024: €24k▼ -20.9% vs 2023
2025: €16k▼ -34.7% vs 2024
2018 → 2025
Total assets
€153k▲ 116%
2024 · €71k
2018: €158
2019: €16▼ -89.9% vs 2018lowest in 8 years
2020: €98k▲ +610126% vs 2019
2021: €115k▲ +17.9% vs 2020
2022: €82k▼ -28.9% vs 2021
2023: €95k▲ +16.3% vs 2022
2024: €71k▼ -25.6% vs 2023
2025: €153k▲ +116% vs 2024highest in 8 years
2018 → 2025
Net result
€-8k▼ 31.7%
2024 · €-6k
2018: €-5k
2019: €2k▲ +150% vs 2018
2020: €26k▲ +987% vs 2019highest in 8 years
2021: €9k▼ -65.9% vs 2020
2022: €327▼ -96.3% vs 2021
2023: €2k▲ +621% vs 2022
2024: €-6k▼ -374% vs 2023
2025: €-8k▼ -31.7% vs 2024lowest in 8 years
2018 → 2025
Working capital
€4k▼ 79.5%
2024 · €21k
2018: €-8klowest in 8 years
2019: €-6k▲ +24.3% vs 2018
2020: €20k▲ +415% vs 2019
2021: €28k▲ +42.6% vs 2020highest in 8 years
2022: €25k▼ -9.8% vs 2021
2023: €21k▼ -17.4% vs 2022
2024: €21k▼ -2.2% vs 2023
2025: €4k▼ -79.5% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€28k-€29k▲ 1.2%€31k▲ 8.3%€24k▼ 20.9%€16k▼ 34.7%
2021: €28k
2022: €29k▲ +1.2% vs 2021
2023: €31k▲ +8.3% vs 2022highest in 5 years
2024: €24k▼ -20.9% vs 2023
2025: €16k▼ -34.7% vs 2024lowest in 5 years
Operating result€13k-€981▼ 92.7%€5k▲ 370%€-6k€-9k▼ 37.7%
2021: €13khighest in 5 years
2022: €981▼ -92.7% vs 2021
2023: €5k▲ +370% vs 2022
2024: €-6k▼ -236% vs 2023
2025: €-9k▼ -37.7% vs 2024lowest in 5 years
Net result€9k-€327▼ 96.3%€2k▲ 621%€-6k€-8k▼ 31.7%
2021: €9khighest in 5 years
2022: €327▼ -96.3% vs 2021
2023: €2k▲ +621% vs 2022
2024: €-6k▼ -374% vs 2023
2025: €-8k▼ -31.7% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2025 against €6k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €153k
Fixed assets
€18k ▲ 83.9%
Current assets
€135k ▲ 121%
Equity and liabilities €153k
Equity
€16k ▼ 34.7%
Debt
€137k ▲ 195%
Debt's share of the balance-sheet total rises from 65.5% to 89.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-6k▼
2024 · €-4k
Cash flow
€-6k▼
2024 · €-4k
Current ratio
1.03▼
2024 · 1.51
Debt to equity
8.60▲
2024 · 1.90
ROE
-53.2%▼
2024 · -26.4%
ROA
-5.5%▲
2024 · -9.1%
Interest coverage
-22.35▼
2024 · -8.94
Debt ≤ 1 year
€131k▲
2024 · €40k
Debt > 1 year
€429
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€71k€153k▲
Fixed assets21/28€10k€18k▲
Tangible fixed assets22/27€10k€18k▲
Plant, machinery and equipment23€8k€4k▼
Furniture and vehicles24-€526
Other tangible fixed assets26€2k€14k▲
Financial fixed assets28€300€300=
Current assets29/58€61k€135k▲
Amounts receivable within one year40/41€12k€123k▲
Trade receivables40€1k€111k▲
Other amounts receivable41€11k€12k▲
Cash at bank and in hand54/58€46k€9k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€71k€153k▲
Equity10/15€24k€16k▼
Contributions10/11€12k€12k=
Profit (loss) carried forward14€12k€4k▼
Amounts payable17/49€46k€137k▲
Amounts payable after more than one year17-€429
Financial debts170/4-€429
Amounts payable within one year42/48€40k€131k▲
Current portion of amounts payable after more than one year42-€3k
Trade debts44€38k€128k▲
Suppliers440/4€38k€128k▲
Taxes, remuneration and social security45€3k-
Taxes450/3€3k-
Accrued charges and deferred income492/3€6k€6k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€679€589▼
Non-recurring operating charges66A-€3k
Gross operating margin9900€-3k€-3k▲
Operating profit (loss)9901€-6k€-9k▼
Financial income75/76B€475€394▼
Recurring financial income75€475€394▼
Financial charges65/66B€429€271▼
Recurring financial charges65€429€271▼
Profit (loss) for the period before taxes9903€-6k€-8k▼
Income taxes67/77€236-
Profit (loss) for the period9904€-6k€-8k▼
Profit (loss) for the period to be appropriated9905€-6k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€12k€4k▼
Profit (loss) brought forward from the previous period14P€18k€12k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €162 | €1k | €2k | €3k | ▲ 5.6% |
| Other operating charges640/8 | €348 | €1k | €565 | €679 | €589 | ▼ 13.2% |
| Non-recurring operating charges66A | - | - | - | - | €3k | - |
| Gross operating margin9900 | €14k | €3k | €6k | €-3k | €-3k | ▲ 19.8% |
| Operating profit (loss)9901 | €13k | €981 | €5k | €-6k | €-9k | ▼ 37.7% |
| Financial income75/76B | €41 | €188 | €399 | €475 | €394 | ▼ 17.0% |
| Recurring financial income75 | €41 | €188 | €399 | €475 | €394 | ▼ 17.0% |
| Financial charges65/66B | €203 | €130 | €165 | €429 | €271 | ▼ 36.9% |
| Recurring financial charges65 | €203 | €130 | €165 | €429 | €271 | ▼ 36.9% |
| Profit (loss) for the period before taxes9903 | €13k | €1k | €5k | €-6k | €-8k | ▼ 36.7% |
| Income taxes67/77 | €4k | €712 | €2k | €236 | - | - |
| Profit (loss) for the period9904 | €9k | €327 | €2k | €-6k | €-8k | ▼ 31.7% |
| Profit (loss) for the period to be appropriated9905 | €9k | €327 | €2k | €-6k | €-8k | ▼ 31.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €115k | €82k | €95k | €71k | €153k | ▲ 116% |
| Fixed assets21/28 | - | €3k | €10k | €10k | €18k | ▲ 83.9% |
| Tangible fixed assets22/27 | - | €3k | €10k | €10k | €18k | ▲ 86.6% |
| Plant, machinery and equipment23 | - | €3k | €8k | €8k | €4k | ▼ 53.2% |
| Furniture and vehicles24 | - | - | - | - | €526 | - |
| Other tangible fixed assets26 | - | - | €2k | €2k | €14k | ▲ 686% |
| Financial fixed assets28 | - | - | - | €300 | €300 | = |
| Current assets29/58 | €115k | €79k | €85k | €61k | €135k | ▲ 121% |
| Amounts receivable within one year40/41 | €101k | €58k | €73k | €12k | €123k | ▲ 937% |
| Trade receivables40 | €101k | €37k | €56k | €1k | €111k | ▲ 8,211% |
| Other amounts receivable41 | €2 | €22k | €18k | €11k | €12k | ▲ 11.8% |
| Cash at bank and in hand54/58 | €4k | €10k | €9k | €46k | €9k | ▼ 81.3% |
| Deferred charges and accrued income490/1 | €10k | €11k | €3k | €3k | €3k | ▲ 5.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €115k | €82k | €95k | €71k | €153k | ▲ 116% |
| Equity10/15 | €28k | €29k | €31k | €24k | €16k | ▼ 34.7% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Profit (loss) carried forward14 | €16k | €16k | €18k | €12k | €4k | ▼ 70.5% |
| Amounts payable17/49 | €87k | €53k | €64k | €46k | €137k | ▲ 195% |
| Amounts payable after more than one year17 | - | - | - | - | €429 | - |
| Financial debts170/4 | - | - | - | - | €429 | - |
| Amounts payable within one year42/48 | €87k | €53k | €64k | €40k | €131k | ▲ 223% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €3k | - |
| Trade debts44 | €72k | €49k | €62k | €38k | €128k | ▲ 240% |
| Suppliers440/4 | €72k | €49k | €62k | €38k | €128k | ▲ 240% |
| Taxes, remuneration and social security45 | €10k | €5k | €2k | €3k | - | - |
| Taxes450/3 | €10k | €5k | €2k | €3k | - | - |
| Other amounts payable47/48 | €5k | - | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €6k | €6k | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €327 | €2k | €-6k | €-8k | ▼ 31.7% |
| + Depreciation and write-downs630 | - | €162 | €1k | €2k | €3k | ▲ 5.6% |
| Operating cash flow (approximation) | €9k | €489 | €3k | €-4k | €-6k | ▼ 47.3% |
| Investment in fixed assets (approximation) | - | - | €-8k | €-2k | €-11k | ▼ 347% |
| Change in cash | - | €6k | €-1k | €37k | €-37k | ▼ 200% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series.
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
18-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €26k ▲987%
Operating result €30k, net result €26k, both a record.
31-12
Financial
Liquidity times 493current ratio 1.25
Current ratio from 0.00 to 1.25.
20-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 183 days late
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-07
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.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Kapelle-op-den-Bos · 1 establishment unit since 1988
Ground area
1,958 m²
Building footprint
201 m²
Volume, LiDAR
1,028 m³
Parcel 23039A0277/00C002, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Kuiermansstraat 66, 1880 Kapelle-op-den-Bos
since 19882.038.495.976
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23039A0277/00C002 | Flanders | 1,958 m² | 1 · 201 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 61 companies in sector 38320 we hold annual accounts for 47. 11 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-05-1988
Fiscal year end31-12
Activities, NACEBEL 2025
38320Waste collection, recovery and disposal activities
39000Remediation activities and other waste management service activities
43110Demolition
43221Plumbing work
43230Insulation installation
Scores and ratios are computed by Checked and are not a credit decision.