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DRANCO

Active
Public limited companyfounded 1991active for 35 yearsDok-Noord 4C, 9000 Gent, BelgiumKBO/BCE: BE 0443.823.401
Summary

DRANCO has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.3m and a net result of €610,649. Equity is shrinking by about 6.1% per year across the filed financial years. Its solvency ranks better than 17% of 137 sector peers (NACE 37, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

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DRANCOActiveChecked score 79/100
Risk analysis ReportCompare

History

DRANCO was incorporated on 28 March 1991.1 In 2021 the capital was increased by €542,628 to €1.2m.2 The board currently has 10 members; 3 of them have served since 2020.3 Turnover grew from €111,718 in 2019 to €1.5m in 2025 and headcount from 26.9 full-time equivalents in 2021 to 34 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 02-09-2021
  3. 3Belgian Official Gazette, 12-01-2021
  4. 4National Bank, annual accounts 2019, 2021 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
22-05
NBB filing Annual accounts filed
financial year 2025 · full format
15-04
Gazette deed Permanent representatives: Jonathan Van Steelant, Dirk Michielsens and 4 others
Power of attorney50 facts ▸
  • Board meeting, 18-12-2025
  • Power of attorney (3 times)
  • Board meeting, 28-01-2026
  • Other provision, “Indaver-groep, benoemingen in bijlage 1 vervangen alle voorgaande benoemingen” (deed in Dutch)
  • Board composition, AVELIN BV (director indaver holding nv)
  • Permanent representative, Jonathan Van Steelant
  • Board composition, ENTRA MOBILE BV (director indaver holding nv)
  • Permanent representative, Dirk Michielsens
  • Board composition, PDB BV (director indaver holding nv)
  • Permanent representative, Paul De Bruycker
  • Power of attorney, Gavilán Consulting BV
  • Permanent representative, Karl Huts
  • +38 further facts in this act
2025
31-12
Financial Back to profitnet €610,649
Net result €610,649 after 2 loss-making years.
31-12
Financial Equity above €2mequity €2.3m ▲20.8%
Equity rises from €1.9m to €2.3m.
11-06
NBB filing Annual accounts filed
financial year 2024 · full format
27-02
Gazette deed Permanent representatives: Jonathan Van Steelant, Dirk Michielsens and 3 others
Power of attorney17 facts ▸
  • Board meeting, 22-01-2025
  • Power of attorney, Gavilán Consulting BV
  • Power of attorney, Tsundoku Ventures BV
  • Permanent representative, Jonathan Van Steelant
  • Permanent representative, Dirk Michielsens
  • Permanent representative, Paul De Bruycker
  • Permanent representative, Karl Huts
  • Permanent representative, Hilde Vangilbergen
  • Power of attorney, Piet Smis
  • Power of attorney, Winfried Six
  • Power of attorney, Anton Kerkhofs
  • Power of attorney, Patrick Du Bois
  • +5 further facts in this act
2024
14-08
Gazette deed Reappointment: Moore Audit BV (statutory auditor)
Appointment: EY Bedrijfsrevisoren BV (statutory auditor)3 facts ▸
  • General meeting, 28-06-2024
  • Auditor reappointment, Moore Audit BV
  • Auditor appointment, EY Bedrijfsrevisoren BV (statutory auditor)
06-08
Gazette deed Resignation: Karl Huts (director)
Appointment: Gavilan Consulting bv (director) · Permanent representative: Karl Huts · Director discharge5 facts ▸
  • General meeting, 18-06-2024
  • Director resignation, Karl Huts (director)
  • Director discharge, Karl Huts
  • Director appointment, Gavilan Consulting bv (director)
  • Permanent representative, Karl Huts
19-07
NBB filing Annual accounts filed
financial year 2023 · full format
21-06
Gazette deed Resignations: Piet Smis (director) and Jan Smis (director)
Director discharge5 facts ▸
  • General meeting, 08-05-2024
  • Director resignation, Piet Smis (director)
  • Director resignation, Jan Smis (director)
  • Director discharge, Piet Smis
  • Director discharge, Jan Smis
25-04
Gazette deed Appointments: AVELIN BV, ENTRA MOBILE BV and 44 others
Permanent representatives: Jonathan Van Steelant and Dirk Michielsens · Power of attorney54 facts ▸
  • Board meeting, 19-01-2024
  • Power of attorney, Indaver Holding nv
  • Director appointment, AVELIN BV (director indaver holding nv)
  • Permanent representative, Jonathan Van Steelant
  • Director appointment, ENTRA MOBILE BV (director indaver holding nv)
  • Permanent representative, Dirk Michielsens
  • Director appointment, Paul De Bruycker (ceo indaver)
  • Director appointment, Karl Huts (cfo indaver)
  • Director appointment, Bart Goethals (general manager bl iws)
  • Director appointment, Rob Kruitwagen (general manager bl msw benelux)
  • Director appointment, Seamus Flynn (general manager bl msw irl/uk)
  • Director appointment, Peter Louwman (general manager bu landfill & minerals)
  • +42 further facts in this act
29-02
Gazette deed Purpose · Amendment of the articles
Purpose change · Capital4 facts ▸
  • General meeting, 20-02-2024
  • Purpose change, “Het ontwikkelen, produceren, bouwen en doen bouwen, opstarten, plaatsen, uitbaten, commercialiseren, onderhouden en ontwerpen van, en de algemene aanneming, waa…” (deed in Dutch)
  • Amendment of the articles (2 times)
  • Capital, €1,247,628
Show earlier events
2023
31-12
Financial Weakest financial yearnet -€2.6m
Net result drops to -€2.6m, the lowest in the series; recovery starts the following year.
14-09
Gazette deed Resignations: Joep Bruins, Britt Schuurs and Christianus Marco Zomer
Appointments: Paul De Bruycker, Karl Huts and Jan-Kees de Voogd · Director discharge · Mandate compensation13 facts ▸
  • General meeting, 03-08-2023
  • Director resignation, Joep Bruins (director)
  • Director resignation, Britt Schuurs (director)
  • Director resignation, Christianus Marco Zomer (director)
  • Director discharge, Joep Bruins
  • Director discharge, Britt Schuurs
  • Director discharge, Christianus Marco Zomer
  • Director appointment, Paul De Bruycker (director)
  • Director appointment, Karl Huts (director)
  • Director appointment, Jan-Kees de Voogd (director)
  • Mandate compensation, Paul De Bruycker
  • Mandate compensation, Karl Huts
  • +1 further fact in this act
31-05
Gazette deed Resignation: Maria Princen (director)
2 facts ▸
  • General meeting, 09-05-2023
  • Director resignation, Maria Princen (director)
25-05
NBB filing Annual accounts filed
financial year 2022 · abbreviated format
2022
19-07
Gazette deed Resignation: Luc De Baere (managing director)
Power of attorney3 facts ▸
  • Board meeting, 13-05-2022
  • Director resignation, Luc De Baere (managing director)
  • Power of attorney, Stibbe BV
05-07
NBB filing Annual accounts filed
financial year 2021 · abbreviated format
15-02
Gazette deed Appointment: Moore Audit BV (statutory auditor)
Registered-office move · Power of attorney4 facts ▸
  • General meeting, 25-01-2022
  • Auditor appointment, Moore Audit BV (statutory auditor)
  • Registered-office move, Dok Noord 4C bus 003
  • Power of attorney, Piet Smis
15-02
Gazette deed Resignation: Luc De Baere (director)
2 facts ▸
  • General meeting, 04-01-2022
  • Director resignation, Luc De Baere (director)
2021
31-12
Financial Highest result from 2019 to 2025net €1.4m ▲2,948%
Operating result €754,863, net result €1.4m, both a record.
31-12
Financial Equity above €5mequity €5.7m ▲77.2%
A profit in every financial year since 2019 builds equity to €5.7m.
02-09
Gazette deed Appointment: Auditas Bedrijfsrevisoren BV (company auditor)
Amendment of the articles · Capital increase · Capital5 facts ▸
  • General meeting, 28-07-2021
  • Amendment of the articles
  • Capital increase, €542,628
  • Capital, €1,247,628
  • Auditor appointment, Auditas Bedrijfsrevisoren BV (company auditor)
21-06
Gazette deed Restructuring
Approval · Power of attorney · Demerger6 facts ▸
  • Board meeting, 10-06-2021
  • Approval, “Goedkeuring van het voorstel tot inbreng van een bedrijfstak” (deed in Dutch)
  • Power of attorney, Willem WITTERS
  • Demerger, “Inbreng van de Dranco Activiteiten (bedrijfstak) van Organic Waste Systems NV in Dranco NV in ruil voor nieuwe aandelen” (deed in Dutch)
  • Accounting effect, 01-01-2021
  • Purpose change, “De statuten van de Inbrengende Vennootschap zullen ingevolge de Inbreng worden gewijzigd wat het voorwerp betreft.” (deed in Dutch)
16-06
NBB filing Annual accounts filed
financial year 2020 · abbreviated format
08-04
Gazette deed Appointment: Jan SMIS (day-to-day manager)
Power of attorney6 facts ▸
  • Board meeting, 10-03-2021
  • Power of attorney, Winfried SIX (2 times)
  • Power of attorney, Emmanuel HERNANDEZ (2 times)
  • Power of attorney, Davy VAN KERCKVOORDE
  • Director appointment, Jan SMIS (day-to-day manager)
  • Board resolution, “Toekenning volmachten (art. 4.3): algemene vertegenwoordiging – samen tekenend onbeperkt (twee A bestuurders); samen tekenend €500,000 (één A + één B bestuur…” (deed in Dutch)
11-02
Gazette deed Appointments: Luc DE BAERE (managing director) and Piet SMIS (day-to-day manager)
Power of attorney11 facts ▸
  • Board meeting, 27-12-2020
  • Power of attorney, Charles GIELEN
  • Power of attorney, Luc DE BAERE
  • Power of attorney, Jan SMIS
  • Power of attorney, Piet SMIS
  • Power of attorney, Bruno DE WILDE
  • Power of attorney, Winfried SIX (2 times)
  • Power of attorney, Davy VAN KERCKVOORDE (2 times)
  • Power of attorney, Emmanuel HERNANDEZ
  • Director appointment, Luc DE BAERE (managing director)
  • Director appointment, Piet SMIS (day-to-day manager)
12-01
Gazette deed Appointments: BRUINS Joep Jacobus, ZOMER Christianus Mijnardus and 5 others
Purpose change · Amendment of the articles · Capital19 facts ▸
  • General meeting, 28-12-2020
  • Purpose change, “Het voorwerp van de vennootschap wordt gewijzigd naar: Het ontwikkelen, produceren, bouwen en doen bouwen, opstarten, plaatsen, uitbaten, commercialiseren, onde…” (deed in Dutch)
  • Amendment of the articles (4 times)
  • Capital, €705,000
  • Director appointment, BRUINS Joep Jacobus (director)
  • Director appointment, ZOMER Christianus Mijnardus (director)
  • Director appointment, SCHUURS Britt Denise (director)
  • Director appointment, SMIS Piet Lodewijk Magdalena (director)
  • Director appointment, SMIS Jan (director)
  • Director appointment, PRINCEN Maria Martina Adriana (director)
  • Director appointment, DE BAERE Luc Albert Omer Medard (director)
  • Mandate compensation, BRUINS Joep Jacobus
  • +7 further facts in this act
2020
26-11
Gazette deed Resignations: Charles GIELEN (director) and Piet SMIS (director)
3 facts ▸
  • General meeting, 29-10-2020
  • Director resignation, Charles GIELEN (director)
  • Director resignation, Piet SMIS (director)
26-11
NBB filing Annual accounts filed
financial year 2020 · full format
03-11
Gazette deed Appointment: PIET SMIS (director)
2 facts ▸
  • General meeting, 25-10-2019
  • Director appointment, PIET SMIS (director)
2019
25-11
NBB filing Annual accounts filed
financial year 2019 · full format
2018
22-11
NBB filing Annual accounts filed
financial year 2018 · full format
2017
28-11
Gazette deed Reappointments: Charles GIELEN, Luc DE BAERE and Organic Waste Systems
Permanent representative: Jan SMIS5 facts ▸
  • General meeting, 27-10-2017
  • Director reappointment, Charles GIELEN (director)
  • Director reappointment, Luc DE BAERE (director)
  • Director reappointment, Organic Waste Systems (director)
  • Permanent representative, Jan SMIS
21-11
NBB filing Annual accounts filed
financial year 2017 · full format
04-01
Gazette deed Reappointments: Charles GIELEN, Luc DE BAERE and Organic Waste Systems
Permanent representative: Jan SMIS5 facts ▸
  • General meeting, 28-10-2011
  • Director reappointment, Charles GIELEN (director)
  • Director reappointment, Luc DE BAERE (director)
  • Director reappointment, Organic Waste Systems (director)
  • Permanent representative, Jan SMIS
2016
04-01
Gazette deed Resignations & appointments
Power of attorney8 facts ▸
  • Board meeting, 02-10-2014
  • Power of attorney, Charles Gielen
  • Power of attorney, Luc De Baere (2 times)
  • Power of attorney, Jan Smis (2 times)
  • Power of attorney, Piet Smis (2 times)
  • Power of attorney, Bruno De Wilde (2 times)
  • Power of attorney, Winfried Six (2 times)
  • Power of attorney, Davy Van Kerckvoorde
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 35 annual accounts filed, the latest 10 are here; all 35 are under Financials.
22 of 22 deeds read

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