Dranken Cieters
ActiveDranken Cieters has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.26M and a net result of €18k. Equity is growing by ~15.1% per year across the filed fiscal years. Its solvency ranks better than 61% of 4860 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70=
Solvency80=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 1.77 against 1.67 in 2024; short-term debt: 45% and cash: 6.4% of total assets), and 45% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
55%
Return on assets
0.8%
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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
26 d late
2024
35 d early
2023
30 d early
2022
5 d early
2021
20 d early
2020
2 d early
2019
41 d late
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€18k▼ 36.0%
2024 · €28k
2018: €48k
2019: €48k
2020: €16k
2021: €201k
2022: €228k
2023: €166k
2024: €28k
2018 → 2025
Working capital
€785k▲ 13.9%
2024 · €689k
2018: €506k
2019: €572k
2020: €480k
2021: €342k
2022: €508k
2023: €582k
2024: €689k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€816k-€1.04M▲ 27.9%€1.21M▲ 15.9%€1.24M▲ 2.3%€1.26M▲ 1.4%
Operating result€202k-€274k▲ 36.1%€256k▼ 6.6%€71k▼ 72.3%€35k▼ 51.3%
Net result€201k-€228k▲ 13.7%€166k▼ 27.2%€28k▼ 83.3%€18k▼ 36.0%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 51% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.28M
Fixed assets
€471k▼ 14.2%
Current assets
€1.81M▲ 5.4%
Equity and liabilities €2.28M
Equity
€1.26M▲ 1.4%
Debt
€1.03M▼ 0.3%
The debt ratio falls from 45.4% to 45.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€179k▼
2024 · €217k
Cash flow
€162k▼
2024 · €173k
Solvency
55.0%▲
2024 · 54.6%
Current ratio
1.77▲
2024 · 1.67
Quick ratio
1.52▲
2024 · 1.48
Debt / equity
0.82▼
2024 · 0.83
ROE
1.4%▼
2024 · 2.2%
ROA
0.8%▼
2024 · 1.2%
Interest coverage
325.06▲
2024 · 8.48
Debt
€1.03M▼
2024 · €1.03M
Debt ≤ 1 year
€1.03M▼
2024 · €1.03M
Debt > 1 year
€70=
2024 · €70
Income taxes
€16k▼
2024 · €22k
Staff costs
€256k▲
2024 · €247k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.27M€2.28M▲
Fixed assets21/28€549k€471k▼
Intangible fixed assets21€231k€177k▼
Tangible fixed assets22/27€318k€294k▼
Land and buildings22€121k€139k▲
Plant, machinery and equipment23€88k€64k▼
Furniture and vehicles24€109k€90k▼
Current assets29/58€1.72M€1.81M▲
Amounts receivable after more than one year29€607k€572k▼
Other amounts receivable291€607k€572k▼
Stocks and contracts in progress3€191k€247k▲
Stocks30/36€191k€247k▲
Amounts receivable within one year40/41€818k€823k▲
Trade receivables40€207k€353k▲
Other amounts receivable41€611k€469k▼
Current investments50/53€0-
Cash at bank and in hand54/58€102k€147k▲
Deferred charges and accrued income490/1-€21k
Equity and liabilities
Total equity and liabilities10/49€2.27M€2.28M▲
Equity10/15€1.24M€1.26M▲
Contributions10/11€175k€175k=
Capital10€175k€175k=
Issued capital100€175k€175k=
Reserves13€1.06M€1.08M▲
Non-distributable reserves130/1€18k€18k=
Legal reserve130€18k€18k=
Distributable reserves133€1.05M€1.06M▲
Amounts payable17/49€1.03M€1.03M▼
Amounts payable after more than one year17€70€70=
Other amounts payable178/9€70€70=
Amounts payable within one year42/48€1.03M€1.03M▼
Trade debts44€157k€316k▲
Suppliers440/4€157k€316k▲
Taxes, remuneration and social security45€61k€38k▼
Taxes450/3€28k€150▼
Remuneration and social security454/9€33k€37k▲
Other amounts payable47/48€810k€672k▼
Income statement
Code20242025
Remuneration, social security and pensions62€247k€256k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€146k€144k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€7k€2k▼
Other operating charges640/8€5k€11k▲
Gross operating margin9900€476k€448k▼
Operating profit (loss)9901€71k€35k▼
Financial income75/76B€4k€0▼
Recurring financial income75€4k€0▼
Financial charges65/66B€26k€550▼
Recurring financial charges65€26k€550▼
Profit (loss) for the period before taxes9903€50k€34k▼
Income taxes67/77€22k€16k▼
Profit (loss) for the period9904€28k€18k▼
Profit (loss) for the period to be appropriated9905€28k€18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€28k€18k▼
Transfer to equity691/2€28k€18k▼
To other reserves6921€28k€18k▼
Social balance
Average headcount (FTE)90877.77.2▼
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 26 days late
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €228k ▲13.7%
Operating result €274k, net result €228k, both a record.
31-12
Financial
Equity above €1MEq €1.04M ▲27.9%
5 profitable years in a row build equity to €1.04M.
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €16k ▼65.8%
Net result drops to €16k, the lowest in the series; recovery starts the following year.
10-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 41 days late
2019
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 13 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
19-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 50 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Oosterzele · 1 establishment unit since 1988
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lange Munte 48A9860 OosterzeleGround area
124 m²
Parcel 44059B0786/00N000, Flanders. Linked by address, not a title deed.
1 establishment unit
Dranken Cieters
since 19882.036.414.535
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44059B0786/00N000 | Flanders | 124 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 5,601 EUR awarded · 5,110 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,658 EUR | 2,658 EUR |
| 2024 | 1 | 492 EUR | 0 EUR |
| 2023 | 1 | 1,071 EUR | 1,158 EUR |
| 2022 | 1 | 1,380 EUR | 1,294 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteOosterzele2.036.414.535
Legal Entity Identifier
894500VOGTCTMR4XGZ46
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Of 1,581 companies in sector 46349 we hold annual accounts for 987. 564 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-03-1988
Fiscal year end31-12
Activities, NACEBEL
46349Wholesale of beverages, general range
47252Retail sale of beverages, general range
51340
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.