DRANKENCENTRALE E. MAES
ActiveDRANKENCENTRALE E. MAES has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-969) and a net result of €163k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 10310 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▲+36
Solvency25▲+4
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 1.86 against 0.85 in 2024; short-term debt: 44.7% and cash: 5.9% of total assets), but equity is negative.
Credit advice 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 10310 sector peers (2025).
NBB · sector comparisonPosition among 10310 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 01-06-2026, 32 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
32 d late
2024
16 d late
2023
16 d late
2022
47 d early
2021
31 d late
2020
on the day
2019
28 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-969▲ 97.8%
2024 · €-44k
2018: €657k
2019: €658k
2020: €-21k
2021: €-94k
2022: €-79k
2023: €-67k
2024: €-44k
2018 → 2025
Total assets
€1.21M▼ 4.3%
2024 · €1.26M
2018: €1.67M
2019: €1.60M
2020: €1.63M
2021: €1.85M
2022: €1.80M
2023: €1.42M
2024: €1.26M
2018 → 2025
Net result
€163k▲ 614%
2024 · €23k
2018: €64k
2019: €1k
2020: €-679k
2021: €-73k
2022: €15k
2023: €12k
2024: €23k
2018 → 2025
Working capital
€466k
2024 · €-175k
2018: €562k
2019: €528k
2020: €515k
2021: €413k
2022: €-259k
2023: €-107k
2024: €-175k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-94k-€-79k▲ 15.8%€-67k▲ 15.1%€-44k▲ 34.0%€-969▲ 97.8%
Operating result€-60k-€30k€7k▼ 76.9%€32k▲ 367%€177k▲ 444%
Net result€-73k-€15k€12k▼ 19.7%€23k▲ 91.8%€163k▲ 614%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 444% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.21M
Fixed assets
€201k▼ 12.8%
Current assets
€1.01M▼ 2.4%
Key figures and ratios
EBITDA
€219k▲
2024 · €73k
Cash flow
€206k▲
2024 · €64k
Solvency
-0.1%▲
2024 · -3.5%
Current ratio
1.86▲
2024 · 0.85
Quick ratio
0.59▲
2024 · 0.38
ROA
13.5%▲
2024 · 1.8%
Interest coverage
15.02▲
2024 · 3.42
Debt
€1.21M▼
2024 · €1.31M
Debt ≤ 1 year
€540k▼
2024 · €1.21M
Debt > 1 year
€668k▲
2024 · €100k
Income taxes
€6k
Staff costs
€297k▼
2024 · €389k
Equity ratios withheld: equity of €-969 is too small for a meaningful ratio.
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€1.26M€1.21M▼
Fixed assets21/28€230k€201k▼
Tangible fixed assets22/27€215k€189k▼
Land and buildings22€175k€142k▼
Plant, machinery and equipment23€8k€21k▲
Furniture and vehicles24€3k€857▼
Other tangible fixed assets26€28k€24k▼
Financial fixed assets28€15k€12k▼
Current assets29/58€1.03M€1.01M▼
Stocks and contracts in progress3€576k€688k▲
Stocks30/36€576k€688k▲
Amounts receivable within one year40/41€307k€247k▼
Trade receivables40€275k€226k▼
Other amounts receivable41€33k€21k▼
Cash at bank and in hand54/58€80k€71k▼
Deferred charges and accrued income490/1€67k-
Equity and liabilities
Total equity and liabilities10/49€1.26M€1.21M▼
Equity10/15€-44k€-969▲
Contributions10/11€267k€267k=
Reserves13€390k€390k=
Tax-exempt reserves132€27k€27k=
Distributable reserves133€362k€362k=
Profit (loss) carried forward14€-701k€-658k▲
Amounts payable17/49€1.31M€1.21M▼
Amounts payable after more than one year17€100k€668k▲
Financial debts170/4€100k€668k▲
Amounts payable within one year42/48€1.21M€540k▼
Current portion of amounts payable after more than one year42€55k€10k▼
Trade debts44€363k€256k▼
Suppliers440/4€363k€256k▼
Taxes, remuneration and social security45€35k€52k▲
Taxes450/3-€1k
Remuneration and social security454/9€35k€51k▲
Other amounts payable47/48€752k€222k▼
Income statement
Code20242025
Non-recurring operating income76A€300k€222k▼
Remuneration, social security and pensions62€389k€297k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€42k▲
Other operating charges640/8€75k€110k▲
Gross operating margin9900€537k€626k▲
Operating profit (loss)9901€32k€177k▲
Financial income75/76B€12k€7k▼
Recurring financial income75€12k€7k▼
Financial charges65/66B€21k€15k▼
Recurring financial charges65€21k€15k▼
Profit (loss) for the period before taxes9903€23k€170k▲
Income taxes67/77-€6k
Profit (loss) for the period9904€23k€163k▲
Profit (loss) for the period to be appropriated9905€23k€163k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-701k€-538k▲
Profit (loss) brought forward from the previous period14P€-724k€-701k▲
Profit to be distributed694/7-€120k
Directors or managers695-€120k
Social balance
Average headcount (FTE)90876.54.5▼
The notes to these accounts (11 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
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 32 days late
2025
30-09
Financial
Highest result since 2018net €163k ▲614%
Operating result €177k, net result €163k, both a record.
30-09
Financial
Liquidity doublescurrent ratio 1.86
Current ratio from 0.85 to 1.86; short-term debt falls from €1.21M to €540k.
16-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 16 days late
2024
16-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 16 days late
2023
14-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Back to profitnet €15k
Net result €15k after 2 loss-making years.
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Weakest financial yearnet €-679k ▼58801%
Net result drops to €-679k, the lowest in the series; recovery starts the following year.
28-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
02-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Dendermonde · 1 establishment unit since 1986
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.
Hoogveld 299200 DendermondeGround area
175 m²
Parcel 42021A0932/00F000, Flanders. Linked by address, not a title deed.
1 establishment unit
Hoogveld 29, 9200 Dendermonde
since 19862.028.703.035
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42021A0932/00F000 | Flanders | 175 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteDendermonde2.028.703.035
Similar companies · same sector, comparable size
BIERHANDEL RESO
BE 0424.911.765
Oostkamp · Eq €657k
Uylenbroeck Dranken & Zuivelhandel
BE 0655.901.825
Steenokkerzeel · Eq €660k
'Au Champ' Wijnen
BE 0830.639.704
Brugge · Eq €655k
DRANKENCENTRALE CLAESSENS
BE 0435.891.868
Brecht · Eq €655k
MEYERS
BE 0418.071.978
Ath · Eq €663k
Of 1,508 companies in sector 47252 we hold annual accounts for 651. 410 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-01-1986
Fiscal year end30-09
Activities, NACEBEL
46349Wholesale of beverages, general range
47252Retail sale of beverages, general range
51340
52250Logistics services
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.