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DREVOTREND

Active
Private limited company (pre-2019)founded 2003active for 23 yearsGrand-Rue 176, 6971 Tenneville, BelgiumKBO/BCE: BE 0480.241.060

From the official registers: KBO 22 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of DREVOTREND is 2.4% (moderate). The 2025 annual accounts show equity of €116,642 and a net result of €393. Equity has been stable since 2018 (±2.1% per year). Its solvency ranks better than 90% of 660 sector peers (NACE 16, financial year 2025). The company has been active since 2003 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry.

Financials · financial year 2025, micro format

2025 annual accounts filed 60 days after the deadline Filed on 29 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00542670.

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
29-09-2026
Format
micro format
Reference
2026-00542670
Equity
€116,642▲ 0.3%
2024 · €116,249
Total assets
€136,457▼ 11.4%
2024 · €153,957
Net result
€393
2024 · -€12,653
Working capital
€116,642▲ 0.3%
2024 · €116,249
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is a loss of €1,513, smaller than the loss of €14,538 in 2024.

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Operating result-€1,513 2025 Net result€393 2025

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€12,842--€13,241-€973▲ 92.6%-€1,340▼ 37.7%-€1,422▼ 6.1%-€9,109▼ 540%-€14,538▼ 59.6%-€1,513▲ 89.6%
Net result€273--€5,273€2,671within the sector's middle half€425within the sector's middle half▼ 84.1%€755within the sector's middle half▲ 77.9%-€7,502below the sector's middle half-€12,653below the sector's middle half▼ 68.7%€393within the sector's middle half
Equity€137,826-€132,553▼ 3.8%€135,224within the sector's middle half▲ 2.0%€135,648within the sector's middle half▲ 0.3%€136,403within the sector's middle half▲ 0.6%€128,902within the sector's middle half▼ 5.5%€116,249within the sector's middle half▼ 9.8%€116,642within the sector's middle half▲ 0.3%
Total assets€201,307-€154,828▼ 23.1%€142,130within the sector's middle half▼ 8.2%€139,298within the sector's middle half▼ 2.0%€140,184within the sector's middle half▲ 0.6%€166,326within the sector's middle half▲ 18.6%€153,957within the sector's middle half▼ 7.4%€136,457within the sector's middle half▼ 11.4%
Debt€63,481-€22,275▼ 64.9%€6,906▼ 69.0%€3,650▼ 47.1%€3,780▲ 3.6%€37,424▲ 890%€37,707▲ 0.8%€19,815▼ 47.5%
Working capital€137,768-€132,553▼ 3.8%€135,224above the sector's middle half▲ 2.0%€135,648above the sector's middle half▲ 0.3%€136,403above the sector's middle half▲ 0.6%€128,902above the sector's middle half▼ 5.5%€116,249above the sector's middle half▼ 9.8%€116,642above the sector's middle half▲ 0.3%
Solvency68.5%-85.6%▲ 17.1pp95.1%above the sector's middle half▲ 9.5pp97.4%above the sector's middle half▲ 2.2pp97.3%above the sector's middle half▼ 0.1pp77.5%above the sector's middle half▼ 19.8pp75.5%above the sector's middle half▼ 2.0pp85.5%above the sector's middle half▲ 10.0pp
Current ratio3.18-6.95▲ 3.7720.58above the sector's middle half▲ 13.6338.17above the sector's middle half▲ 17.5837.08above the sector's middle half▼ 1.084.44above the sector's middle half▼ 32.644.08above the sector's middle half▼ 0.366.89above the sector's middle half▲ 2.80
Return on assets (ROA)0.1%--3.4%▼ 3.5pp1.9%within the sector's middle half▲ 5.3pp0.3%within the sector's middle half▼ 1.6pp0.5%within the sector's middle half▲ 0.2pp-4.5%below the sector's middle half▼ 5.0pp-8.2%below the sector's middle half▼ 3.7pp0.3%within the sector's middle half▲ 8.5pp
above within below The sector band is the middle half of the companies in Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €136,457
Equity €116,642 ▲ 0.3%
Debt €19,815 ▼ 47.5%
Debt's share of the balance-sheet total falls from 24.5% to 14.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.17▼
2024 · 0.32
ROE
0.3%▲
2024 · -10.9%
Debt ≤ 1 year
€19,815▼
2024 · €37,707
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Companies with the same profile, two years later

Historical observation

In July 2024, 17,041 companies had the same profile as DREVOTREND has now. Two years later, 0.5% had gone bankrupt and 94.4% were still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94.4% was still going

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of DREVOTREND itself is higher: 2.4% within 12 months. It rests on far more data about DREVOTREND than the profile alone.

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 17,041 companies, not a prediction for DREVOTREND. 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 against 2024 · 32 lines

Source: Annual accounts 2025 at the NBB, filed on 29-09-2026.

Balance sheet Code20242025
Assets
Total assets20/58€153,957€136,457▼
Current assets29/58€153,957€136,457▼
Amounts receivable within one year40/41€147,786€133,997▼
Trade receivables40€104,247€41,157▼
Other amounts receivable41€43,539€92,840▲
Cash at bank and in hand54/58€3,567€0▼
Deferred charges and accrued income490/1€2,603€2,460▼
Equity and liabilities
Total equity and liabilities10/49€153,957€136,457▼
Equity10/15€116,249€116,642▲
Contributions10/11€18,750€18,750=
Reserves13€132,209€132,209=
Non-distributable reserves130/1€1,140€1,140=
Reserves not available under the articles1311€1,140€1,140=
Distributable reserves133€131,069€131,069=
Profit (loss) carried forward14-€34,709-€34,317▲
Amounts payable17/49€37,707€19,815▼
Amounts payable within one year42/48€37,707€19,815▼
Trade debts44€2,911€411▼
Suppliers440/4€2,911€411▼
Other amounts payable47/48€34,797€19,404▼
Income statement Code20242025
Other operating charges640/8€13,290€648▼
Gross operating margin9900-€1,248-€866▲
Operating profit (loss)9901-€14,538-€1,513▲
Financial income75/76B€2,603€2,460▼
Recurring financial income75€2,603€2,460▼
Financial charges65/66B€718€554▼
Recurring financial charges65€718€554▼
Profit (loss) for the period before taxes9903-€12,653€393▲
Profit (loss) for the period9904-€12,653€393▲
Profit (loss) for the period to be appropriated9905-€12,653€393▲
Appropriation of the result
Profit (loss) to be appropriated9906-€34,709-€34,317▲
Profit (loss) brought forward from the previous period14P-€22,057-€34,709▼

The notes to these accounts have 13 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.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€808€322-------
Other operating charges640/8---€740€678€17,963€13,290€648▼ 95.1%
Gross operating margin9900€14,376-€12,471-€973-€600-€745€8,854-€1,248-€866▲ 30.6%
Operating profit (loss)9901€12,842-€13,241-€973-€1,340-€1,422-€9,109-€14,538-€1,513▲ 89.6%
Financial income75/76B---€2,194€2,666€2,134€2,603€2,460▼ 5.5%
Recurring financial income75€3,182€4,146€4,066€2,194€2,666€2,134€2,603€2,460▼ 5.5%
Financial charges65/66B---€430€488€526€718€554▼ 22.8%
Recurring financial charges65€414€600€421€430€488€526€718€554▼ 22.8%
Profit (loss) for the period before taxes9903€15,610-€9,696€2,671€425€755-€7,502-€12,653€393-
Income taxes67/77€15,338-€4,423-------
Profit (loss) for the period9904€273-€5,273€2,671€425€755-€7,502-€12,653€393-
Profit (loss) for the period to be appropriated9905€273-€5,273€2,671€425€755-€7,502-€12,653€393-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€201,307€154,828€142,130€139,298€140,184€166,326€153,957€136,457▼ 11.4%
Fixed assets21/28€322--------
Tangible fixed assets22/27€322--------
Current assets29/58€200,985€154,828€142,130€139,298€140,184€166,326€153,957€136,457▼ 11.4%
Amounts receivable within one year40/41€179,651€150,484€138,010€136,134€137,518€152,830€147,786€133,997▼ 9.3%
Trade receivables40---€63,090€63,090€104,247€104,247€41,157▼ 60.5%
Other amounts receivable41---€73,044€74,428€48,583€43,539€92,840▲ 113%
Cash at bank and in hand54/58€14,922€198€54€970€0€11,362€3,567€0▼ 100%
Deferred charges and accrued income490/1---€2,194€2,666€2,134€2,603€2,460▼ 5.5%
Equity and liabilities
Total equity and liabilities10/49€201,307€154,828€142,130€139,298€140,184€166,326€153,957€136,457▼ 11.4%
Equity10/15€137,826€132,553€135,224€135,648€136,403€128,902€116,249€116,642▲ 0.3%
Contributions10/11€18,750€18,750-€18,750€18,750€18,750€18,750€18,750=
Reserves13€132,209€132,209€132,209€132,209€132,209€132,209€132,209€132,209=
Non-distributable reserves130/1---€1,140€1,140€1,140€1,140€1,140=
Reserves not available under the articles1311---€1,140€1,140€1,140€1,140€1,140=
Distributable reserves133---€131,069€131,069€131,069€131,069€131,069=
Profit (loss) carried forward14-€13,133-€18,406-€15,735-€15,310-€14,555-€22,057-€34,709-€34,317▲ 1.1%
Amounts payable17/49€63,481€22,275€6,906€3,650€3,780€37,424€37,707€19,815▼ 47.5%
Amounts payable within one year42/48€63,217€22,275€6,906€3,650€3,780€37,424€37,707€19,815▼ 47.5%
Financial debts43----€507€0---
Credit institutions430/8----€507€0---
Trade debts44€43,489€4,462€3,163€3,650€3,273€2,627€2,911€411▼ 85.9%
Suppliers440/4---€3,650€3,273€2,627€2,911€411▼ 85.9%
Other amounts payable47/48---€0-€34,797€34,797€19,404▼ 44.2%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€273-€5,273€2,671€425€755-€7,502-€12,653€393-
+ Depreciation and write-downs630€808€322-------
Operating cash flow (approximation)€1,081-€4,951€2,671€425€755-€7,502-€12,653€393-
Change in cash--€14,725-€144€915-€970€11,362-€7,795-€3,567▲ 54.2%

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

Latest 10 of 22 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 29-09-2026 2026-00542670 NBB
31-12-2024 micro format 26-09-2025 2025-00512323 PDF
31-12-2023 micro format 03-10-2024 2024-00494283 PDF
31-12-2022 micro format 02-10-2023 2023-00473416 PDF
31-12-2021 micro format 30-09-2022 2022-20450301 PDF
31-12-2020 micro format 10-12-2021 2021-80000184 PDF
31-12-2019 micro format 21-12-2020 2020-76500511 PDF
31-12-2018 micro format 31-10-2019 2019-72700529 PDF
31-12-2017 micro format 30-11-2018 2018-73400136 PDF
31-12-2016 full format 30-03-2017 2017-08300055 PDF

Show all 22 filings

Comparable companies

These companies have the same main activity as DREVOTREND: manufacture of other builders' carpentry and joinery (NACE 16230). They are comparable in size and age: total assets between €88,600 and €211,000, founded between 2003 and 2010.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
DREVOTREND Tenneville2003€136,457€116,642-€866€3932025
BREATHING Sint-Truiden2004€156,346€151,953-€668-€3,3692025
MENUISERIE LANOTTE Chiny2003€88,609€30,839-€8,584-€11,7972025
LAURO MENUISERIE Péruwelz2004€189,324€152,230-€36,829-€61,3922025
MENUISERIE LECROART Estaimpuis2004€93,382€91,008-€310-€7372025
GIXMARK Wielsbeke2008€210,918€164,557-€43,000-€49,4572025
LYCAON Ganshoren2010€165,329€4,883-€2,403-€13,5382024

They were chosen from the 746 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.