Summary
Conclusion
the dossier summarised in one paragraphDRAVAGO has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €110k and a net result of €15k. The computed 12-month bankruptcy probability is 0.1% (very low).
Based on the State Gazette, CBE and 1 annual account.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Timeline
What happened to this company, by date
State Gazette, CBE and NBB in one seriesA single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
28-10-2025 NBB filing Annual accounts filed
30-10-2024 NBB filing Annual accounts filed
28-12-2023 State Gazette act Director changes
30-10-2023 NBB filing Annual accounts filed
26-01-2023 State Gazette act Registered-office change
28-10-2022 NBB filing Annual accounts filed
12-04-2022 State Gazette act Director changes
27-10-2021 NBB filing Annual accounts filed
30-10-2020 NBB filing Annual accounts filed
30-11-2019 NBB filing Annual accounts filed
30-10-2018 NBB filing Annual accounts filed
31-10-2017 NBB filing Annual accounts filed
30-11-2016 NBB filing Annual accounts filed
Financials
Financial health
FY 2025 · computed · 4 of 5 axes measuredThe full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →The score above is a single figure for the whole company. The axes below set that score, as the Health axis, beside the other dimensions, so you can see whether a good score holds everywhere or rests on one point.
Strong profile, led by stability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Figures by fiscal year
Source: NBB · 2025| Fiscal year | 2025 |
|---|---|
| Deposit | micro schema |
| Revenue | - |
| EBITDA | €29k |
| Net profit | €15k |
| Cash flow | €19k |
| Staff costs | - |
| Income taxes | €9k |
| Dividends | - |
| Total assets | €141k |
| Equity | €110k |
| Debt | €31k |
| of which ≤ 1y | €22k |
| of which > 1y | €9k |
| Working capital | €-4k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.81 |
| Quick ratio | 0.81 |
| Working capital ratio | -3.0% |
| Solvency | 78.0% |
| Debt / equity | 0.28 |
| Long-term debt ratio | 0.08 |
| Interest coverage | 19.10 |
| Gross margin | - |
| Net margin | - |
| ROA | 10.3% |
| ROE | 13.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €141k |
| Fixed assets | 21/28 | €123k |
| Tangible fixed assets | 22/27 | €123k |
| Current assets | 29/58 | €18k |
| Amounts receivable within one year | 40/41 | €6k |
| Cash & bank | 54/58 | €12k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €141k |
| Equity | 10/15 | €110k |
| Contributions / capital | 10/11 | €12k |
| Reserves | 13 | €76k |
| Accumulated profits (losses) | 14 | €22k |
| Amounts payable | 17/49 | €31k |
| Amounts payable after one year | 17 | €9k |
| Amounts payable within one year | 42/48 | €22k |
| Trade debts payable within one year | 44 | €240 |
| Income statement | ||
| Gross operating margin | 9900 | €31k |
| Operating result | 9901 | €25k |
| Financial income | 75 | €3 |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €24k |
| Income taxes | 67/77 | €9k |
| Net result for the period | 9904 | €15k |
| Result to be appropriated | 9905 | €15k |
Signals
Filing behaviour
From the deposit records, complete market-wide| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-03-2025 | 31-10-2025 | 28-10-2025 | 3 d early | 2025-00550854 |
| 31-03-2024 | 31-10-2024 | 30-10-2024 | 1 d early | 2024-00519238 |
| 31-03-2023 | 31-10-2023 | 30-10-2023 | 1 d early | 2023-00496498 |
| 31-03-2022 | 31-10-2022 | 28-10-2022 | 3 d early | 2022-20475157 |
| 31-03-2021 | 31-10-2021 | 27-10-2021 | 4 d early | 2021-74300581 |
| 31-03-2020 | 31-10-2020 | 30-10-2020 | 1 d early | 2020-65800306 |
| 31-03-2019 | 31-10-2019 | 30-11-2019 | 30 d late | 2019-75100479 |
| 31-03-2018 | 31-10-2018 | 30-10-2018 | 1 d early | 2018-71000194 |
| 31-03-2017 | 31-10-2017 | 31-10-2017 | on the day | 2017-69300025 |
| 31-03-2016 | 31-10-2016 | 30-11-2016 | 30 d late | 2016-69000042 |
Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsAdministrative Flags
Directors
Directors & mandates
4 directors-
HERTSENS Patrick Arthur JohanDirectorState Gazette act 23483913 (28-12-2023)Current28-12-2023 → present
-
VAN BIESBROEK IlseDirectorState Gazette act 23483913 (28-12-2023)Current28-12-2023 → present
2 events
- 28-12-2023 Resigned· Director
- 28-12-2023 Appointed· Director
Former directors (2)
-
Hertsens PatrickDirectorState Gazette act 22047184 (12-04-2022)Former12-04-2022 → 28-12-2023
2 events
- 28-12-2023 Resigned· Director
- 12-04-2022 Appointed· Director
-
meyrouw Van Biesbroek IlseDirectorState Gazette act 22047184 (12-04-2022)Former- → 12-04-2022
Insolvency mandates
Legal Structure
| NACE primary | Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 23-01-2007 |
| Status | Active |
| Postal code | 2000 |
Structure & network
Locations & real estate
Registered office
from the Crossroads BankThis address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Italiëlei 2052000 AntwerpenEstablishment units
1 locationReal-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11323F0369/00D006 | Flanders | 1,366 m² | 1 · 312 m² | 16.5 m · 5 fl. |
| 11805E1282/00N006 | Flanders | 598 m² | 1 · 598 m² | 30.8 m · 9 fl. |
Publications
Lifecycle & Insolvency Signals
Belgisch Staatsblad · acts
3 acts28-12-2023 2 directors appointed, 2 resigning
- VAN BIESBROEK Ilse, Bestuurder
- HERTSENS Patrick Arthur Johan, Bestuurder
- VAN BIESBROEK Ilse, Bestuurder
- HERTSENS Patrick, Bestuurder
26-01-2023 Registered office moved within Antwerpen
- Italiëlei 205 bus 3, 2000 Antwerpen → Italiëlei 205 bus A102, 2000 Antwerpen
12-04-2022 1 director appointed, 1 resigning
- Hertsens Patrick, Bestuurder
- meyrouw Van Biesbroek Ilse, Bestuurder
Analysis
Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector and regionCompany registry
Company registry (CBE)
Crossroads Bank| Legal nameNL | DRAVAGO |