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DRBaert

Active
Private limited companyfounded 2024active for 2 yearsGoed Ter Molst 1, 8780 Oostrozebeke, BelgiumKBO/BCE: BE 1010.227.284

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 27-05-2026 at the NBB

Turnover
≈ €320,000
Estimated: probably between €250,000 and €430,000
Total assets
€199,729
Net result
€57,986
Working capital
€50,802

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €199,729
Fixed assets €102,879
Current assets €96,849
Equity and liabilities €199,729
Equity €108,153
Debt €91,576
Debt's share of the balance-sheet total is 45.9%.
Key figures and ratios
2025 value
EBITDA
€103,486
Cash flow
€87,167
Current ratio
2.10
Quick ratio
1.33
Debt to equity
0.85
ROE
53.6%
ROA
29.0%
Interest coverage
83.41
Debt ≤ 1 year
€46,048
Debt > 1 year
€45,528
Income taxes
€15,115

Investments

fixed assets acquired
Item2025
Tangible fixed assets€125,060
Intangible fixed assets€7,000
Financial fixed assets€0
Depreciation and write-downs of the year€29,181

Source: notes to the 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as DRBaert: other maintenance and repair of motor vehicles (NACE 95319). They are comparable in size and age: total assets between €134,000 and €300,000, founded between 2023 and 2024.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
DRBaert Oostrozebeke2024€199,729€108,153€105,610€57,986-2025
GF MECA Anderlecht2024€219,547€35,047€91,185€15,047-2025
Garage Spinnewyn Tony Alveringem2024€299,803€172,281€127,512€63,588-2025
GV Gregparebrise Charleroi2024€261,946€152,805€82,623€59,024-2025
VABUTECH Lier2024€133,880€93,730€91,188€61,248-2025
MODIWORKS AUTOMOTIVE BELGIUM Antwerpen2023€190,116€100,120€182,986€95,12012024
DXP GROUP Gent2023€165,396€73,217€73,219€40,661-2025

They were chosen from the 278 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 39,278 companies had the same profile as DRBaert has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% was still going

That fits the bankruptcy probability of DRBaert itself: 1.1% within 12 months.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,278 companies, not a prediction for DRBaert. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 48 lines

Source: Annual accounts 2025 at the NBB, filed on 27-05-2026.

Balance sheet Code2025
Assets
Total assets20/58€199,729
Fixed assets21/28€102,879
Intangible fixed assets21€4,883
Tangible fixed assets22/27€97,997
Plant, machinery and equipment23€11,984
Furniture and vehicles24€86,013
Current assets29/58€96,849
Stocks and contracts in progress3€35,500
Stocks30/36€35,500
Amounts receivable within one year40/41€29,573
Trade receivables40€26,605
Other amounts receivable41€2,968
Cash at bank and in hand54/58€24,506
Deferred charges and accrued income490/1€7,270
Equity and liabilities
Total equity and liabilities10/49€199,729
Equity10/15€108,153
Contributions10/11€51,000
Reserves13€57,153
Distributable reserves133€57,153
Profit (loss) carried forward14€0
Amounts payable17/49€91,576
Amounts payable after more than one year17€45,528
Financial debts170/4€45,528
Amounts payable within one year42/48€46,048
Current portion of amounts payable after more than one year42€14,200
Trade debts44€20,226
Suppliers440/4€20,226
Taxes, remuneration and social security45€8,541
Taxes450/3€6,166
Remuneration and social security454/9€2,375
Other amounts payable47/48€3,080
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29,181
Other operating charges640/8€2,124
Gross operating margin9900€105,610
Operating profit (loss)9901€74,305
Financial income75/76B€37
Recurring financial income75€37
Financial charges65/66B€1,241
Recurring financial charges65€1,241
Profit (loss) for the period before taxes9903€73,101
Income taxes67/77€15,115
Profit (loss) for the period9904€57,986
Profit (loss) for the period to be appropriated9905€57,986
Appropriation of the result
Profit (loss) to be appropriated9906€57,986
Transfer to equity691/2€57,153
To other reserves6921€57,153
Profit to be distributed694/7€833
Return on contributions (dividend)694€833

The notes to these accounts have 14 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29,181
Other operating charges640/8€2,124
Gross operating margin9900€105,610
Operating profit (loss)9901€74,305
Financial income75/76B€37
Recurring financial income75€37
Financial charges65/66B€1,241
Recurring financial charges65€1,241
Profit (loss) for the period before taxes9903€73,101
Income taxes67/77€15,115
Profit (loss) for the period9904€57,986
Profit (loss) for the period to be appropriated9905€57,986
Line2025
Assets
Total assets20/58€199,729
Fixed assets21/28€102,879
Intangible fixed assets21€4,883
Tangible fixed assets22/27€97,997
Plant, machinery and equipment23€11,984
Furniture and vehicles24€86,013
Current assets29/58€96,849
Stocks and contracts in progress3€35,500
Stocks30/36€35,500
Amounts receivable within one year40/41€29,573
Trade receivables40€26,605
Other amounts receivable41€2,968
Cash at bank and in hand54/58€24,506
Deferred charges and accrued income490/1€7,270
Equity and liabilities
Total equity and liabilities10/49€199,729
Equity10/15€108,153
Contributions10/11€51,000
Reserves13€57,153
Distributable reserves133€57,153
Profit (loss) carried forward14€0
Amounts payable17/49€91,576
Amounts payable after more than one year17€45,528
Financial debts170/4€45,528
Amounts payable within one year42/48€46,048
Current portion of amounts payable after more than one year42€14,200
Trade debts44€20,226
Suppliers440/4€20,226
Taxes, remuneration and social security45€8,541
Taxes450/3€6,166
Remuneration and social security454/9€2,375
Other amounts payable47/48€3,080
Line2025
Profit (loss) for the period9904€57,986
+ Depreciation and write-downs630€29,181
Operating cash flow (approximation)€87,167

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 27-05-2026 2026-00126771 NBB

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