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DRIADE ENGINEERING

Active
Private limited companyfounded 201114 yrs activeVeugenstraat 36, 3690 Zutendaal, BelgiumKBO/BCE: BE 0840.575.373
Summary

DRIADE ENGINEERING has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €125,973. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 67% of 8692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability77▲+1
Solvency96▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100,000 at 30 days acceptable
Liquidity ample (current ratio 9.29 against 5.69 in 2024; short-term debt: 1.5% and cash: 10% of total assets), and 29.2% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
70.8%
Return on assets
7%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 14 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 d early
2024
8 d early
2023
26 d early
2022
27 d early
2021
30 d early
2020
29 d early
2019
28 d early
← before the deadline after the deadline →
Checked, nothing found (2)
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 months
Position in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 25 October 2011, DRIADE ENGINEERING was incorporated.1 Total assets went from EUR 1.1 million in 2018 to EUR 1.8 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€1.3m▲ 11.0%
2024 · €1.1m
Total assets
€1.8m▲ 7.9%
2024 · €1.7m
Net result
€125,973▲ 39.1%
2024 · €90,572
Working capital
€224,485▲ 131%
2024 · €97,176
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€10,266▼ 0.5%€15,960▲ 55.5%€26,476▲ 65.9%€132,873▲ 402%€184,092▲ 38.5%
Net result€6,818▼ 98.8%€10,978▲ 61.0%€19,174▲ 74.7%€90,572▲ 372%€125,973▲ 39.1%
Equity€1.1m▲ 0.6%€1.1m▲ 1.0%€1.1m▼ 7.1%€1.1m▲ 8.6%€1.3m▲ 11.0%
Total assets€1.6m▼ 0.4%€1.7m▲ 0.8%€1.7m▲ 1.2%€1.7m▼ 0.3%€1.8m▲ 7.9%
Debt€514,714▼ 2.6%€516,321▲ 0.3%€617,279▲ 19.6%€520,964▼ 15.6%€527,073▲ 1.2%
Working capital€67,929▼ 1.8%€81,505▲ 20.0%€3,641▼ 95.5%€97,176▲ 2,569%€224,485▲ 131%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000€150,000€200,000Operating result 2021: €10,266€10,266Net result 2021: €6,818€6,818Operating result 2022: €15,960€15,960Net result 2022: €10,978€10,978Operating result 2023: €26,476€26,476Net result 2023: €19,174€19,174Operating result 2024: €132,873€132,873Net result 2024: €90,572€90,572Operating result 2025: €184,092€184,092Net result 2025: €125,973€125,97320212022202320242025€0€50,000€100,000€150,000€200,000Operating result 2023: €26,476€26,500Net result 2023: €19,174€19,200Operating result 2024: €132,873€133,000Net result 2024: €90,572€90,600Operating result 2025: €184,092€184,000Net result 2025: €125,973€126,000202320242025
The operating result has risen four years in a row; 2025 is 39% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets €1.6m ▼ 0.1%
Current assets €251,558 ▲ 113%
Equity and liabilities €1.8m
Equity €1.3m ▲ 11.0%
Debt €527,073 ▲ 1.2%
Debt's share of the balance-sheet total falls from 31.2% to 29.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€185,678▲
2024 · €135,836
Cash flow
€127,559▲
2024 · €93,535
Current ratio
9.29▲
2024 · 5.69
Debt to equity
0.41▼
2024 · 0.45
ROE
9.9%▲
2024 · 7.9%
ROA
7.0%▲
2024 · 5.4%
Interest coverage
1095.12▼
2024 · 1239.94
Debt ≤ 1 year
€27,073▲
2024 · €20,714
Debt > 1 year
€500,000=
2024 · €500,000
Income taxes
€58,941▲
2024 · €42,433
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.7m€1.8m▲
Fixed assets21/28€1.6m€1.6m▼
Tangible fixed assets22/27€2,164€578▼
Furniture and vehicles24€2,164€578▼
Financial fixed assets28€1.6m€1.6m=
Current assets29/58€117,891€251,558▲
Amounts receivable within one year40/41€11,846€11,556▼
Trade receivables40€11,193€11,556▲
Other amounts receivable41€653-
Current investments50/53€34,217€58,596▲
Cash at bank and in hand54/58€68,588€179,466▲
Deferred charges and accrued income490/1€3,239€1,940▼
Equity and liabilities
Total equity and liabilities10/49€1.7m€1.8m▲
Equity10/15€1.1m€1.3m▲
Contributions10/11€12,400€12,400=
Reserves13€1.1m€1.3m▲
Distributable reserves133€1.1m€1.3m▲
Amounts payable17/49€520,964€527,073▲
Amounts payable after more than one year17€500,000€500,000=
Financial debts170/4€500,000€500,000=
Amounts payable within one year42/48€20,714€27,073▲
Trade debts44€175€516▲
Suppliers440/4€175€516▲
Taxes, remuneration and social security45€18,998€26,557▲
Taxes450/3€16,448€23,907▲
Remuneration and social security454/9€2,550€2,650▲
Other amounts payable47/48€1,541-
Accrued charges and deferred income492/3€250-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,962€1,586▼
Other operating charges640/8€1,030€1,124▲
Gross operating margin9900€136,865€186,802▲
Operating profit (loss)9901€132,873€184,092▲
Financial income75/76B€241€992▲
Recurring financial income75€241€992▲
Financial charges65/66B€110€170▲
Recurring financial charges65€110€170▲
Profit (loss) for the period before taxes9903€133,005€184,914▲
Income taxes67/77€42,433€58,941▲
Profit (loss) for the period9904€90,572€125,973▲
Profit (loss) for the period to be appropriated9905€90,572€125,973▲
Appropriation of the result
Profit (loss) to be appropriated9906€90,572€125,973▲
Transfer to equity691/2€90,572€125,973▲
To other reserves6921€90,572€125,973▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,369€7,324€2,962€2,962€1,586▼ 46.5%
Other operating charges640/8€930€930€1,022€1,030€1,124▲ 9.2%
Gross operating margin9900€16,565€24,214€30,460€136,865€186,802▲ 36.5%
Operating profit (loss)9901€10,266€15,960€26,476€132,873€184,092▲ 38.5%
Financial income75/76B-€12€127€241€992▲ 311%
Recurring financial income75-€12€127€241€992▲ 311%
Financial charges65/66B€72€72€72€110€170▲ 54.8%
Recurring financial charges65€72€72€72€110€170▲ 54.8%
Profit (loss) for the period before taxes9903€10,194€15,900€26,530€133,005€184,914▲ 39.0%
Income taxes67/77€3,376€4,922€7,356€42,433€58,941▲ 38.9%
Profit (loss) for the period9904€6,818€10,978€19,174€90,572€125,973▲ 39.1%
Profit (loss) for the period to be appropriated9905€6,818€10,978€19,174€90,572€125,973▲ 39.1%
Line20212022202320242025Change
Assets
Total assets20/58€1.6m€1.7m€1.7m€1.7m€1.8m▲ 7.9%
Fixed assets21/28€1.6m€1.6m€1.6m€1.6m€1.6m▼ 0.1%
Tangible fixed assets22/27€10,687€8,089€5,126€2,164€578▼ 73.3%
Furniture and vehicles24€10,687€8,089€5,126€2,164€578▼ 73.3%
Financial fixed assets28€1.6m€1.6m€1.6m€1.6m€1.6m=
Current assets29/58€82,393€97,576€120,670€117,891€251,558▲ 113%
Amounts receivable within one year40/41€10,705€12,390€11,540€11,846€11,556▼ 2.5%
Trade receivables40€9,075€9,680€10,890€11,193€11,556▲ 3.2%
Other amounts receivable41€1,630€2,710€650€653--
Current investments50/53--€10,074€34,217€58,596▲ 71.2%
Cash at bank and in hand54/58€70,206€81,353€93,720€68,588€179,466▲ 162%
Deferred charges and accrued income490/1€1,482€3,834€5,336€3,239€1,940▼ 40.1%
Equity and liabilities
Total equity and liabilities10/49€1.6m€1.7m€1.7m€1.7m€1.8m▲ 7.9%
Equity10/15€1.1m€1.1m€1.1m€1.1m€1.3m▲ 11.0%
Contributions10/11€12,400€12,400€12,400€12,400€12,400=
Reserves13€1.1m€1.1m€1.0m€1.1m€1.3m▲ 11.1%
Non-distributable reserves130/1€1,855€1,855----
Reserves not available under the articles1311€1,855€1,855----
Distributable reserves133€1.1m€1.1m€1.0m€1.1m€1.3m▲ 11.1%
Amounts payable17/49€514,714€516,321€617,279€520,964€527,073▲ 1.2%
Amounts payable after more than one year17€500,000€500,000€500,000€500,000€500,000=
Financial debts170/4€500,000€500,000€500,000€500,000€500,000=
Amounts payable within one year42/48€14,464€16,071€117,029€20,714€27,073▲ 30.7%
Trade debts44€922€929€183€175€516▲ 195%
Suppliers440/4€922€929€183€175€516▲ 195%
Taxes, remuneration and social security45€7,882€8,465€14,044€18,998€26,557▲ 39.8%
Taxes450/3€5,782€6,215€11,544€16,448€23,907▲ 45.3%
Remuneration and social security454/9€2,100€2,250€2,500€2,550€2,650▲ 3.9%
Other amounts payable47/48€5,660€6,677€102,802€1,541--
Accrued charges and deferred income492/3€250€250€250€250--
Line20212022202320242025Change
Profit (loss) for the period9904€6,818€10,978€19,174€90,572€125,973▲ 39.1%
+ Depreciation and write-downs630€5,369€7,324€2,962€2,962€1,586▼ 46.5%
Operating cash flow (approximation)€12,187€18,302€22,136€93,535€127,559▲ 36.4%
Investment in fixed assets (approximation)--€4,725€0€0€0-
Change in cash-€11,147€12,367-€25,131€110,878▲ 541%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
03-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
23-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Liquidity times 6current ratio 5.69
Current ratio from 1.03 to 5.69; short-term debt falls from €117,029 to €20,714.
05-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
04-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
01-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
02-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Back to profitnet €587,735
Net result €587,735 after one loss-making year.
31-12
Financial Equity above €1mEq €1.1m ▲110%
Equity rises from €534,040 to €1.1m.
03-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet -€881
Net result drops to -€881, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity doublescurrent ratio 6.67
Current ratio from 3.03 to 6.67; short-term debt falls from €25,516 to €12,270.
Show earlier events
04-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
06-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-07
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.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 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, Zutendaal · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
2,009 m²
Building footprint
243 m²
Parcel 71067B0223/00A000, Flanders. Linked by address, not a title deed.
1 establishment unit
DRIADE ENGINEERING
Veugenstraat 36, 3690 ZutendaalBusiness consulting
since 20112.203.911.264
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71067B0223/00A000 Flanders 2,009 m² 1 · 243 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,632 companies in sector 70200 we hold annual accounts for 52,587. 25,192 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded25-10-2011
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
43350Other building finishing work
71121Engineering and related technical consultancy, excluding land surveyors

Scores and ratios are computed by Checked and are not a credit decision.