DRIEHOEK
ActiveSummary
The annual accounts of DRIEHOEK for fiscal year 2025 show a net loss of 299% of total assets and of 86% of the equity at the start of that year. The 2025 annual accounts show equity of €190,909 and a net result of -€1.1m. Equity is shrinking by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 47% of 8737 sector peers (fiscal year 2025). The company has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
59
/ 100
Fair
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-76
Solvency75▼-25
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.19 against 7.14 in 2024; short-term debt: 37.4% and cash: 19.6% of total assets), and 50.3% 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+raises 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 · 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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.7%
Return on assets
-299%
Age of the figures
12 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 01-05-2026, 1 day late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
1 d late
2024
35 d early
2023
25 d early
2022
31 d early
2021
4 d early
2020
10 d early
2019
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 15 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€190,909▼ 85.7%
2024 · €1.3m
Total assets
€383,901▼ 75.7%
2024 · €1.6m
Net result
-€1.1m
2024 · €92,984
Working capital
€27,041▼ 97.6%
2024 · €1.1m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€111,864▼ 2,725%-€41,123▲ 63.2%€12,621€2,464▼ 80.5%-€1.2m
Net result-€91,794below the sector's middle half-€6,138below the sector's middle half▲ 93.3%€41,456within the sector's middle half€92,984within the sector's middle half▲ 124%-€1.1mbelow the sector's middle half
Equity€1.4mabove the sector's middle half▼ 6.2%€1.2mwithin the sector's middle half▼ 12.8%€1.2mwithin the sector's middle half▲ 3.4%€1.3mwithin the sector's middle half▲ 7.5%€190,909within the sector's middle half▼ 85.7%
Total assets€1.6mwithin the sector's middle half▼ 20.3%€1.5mwithin the sector's middle half▼ 6.5%€1.5mwithin the sector's middle half▲ 4.5%€1.6mwithin the sector's middle half▲ 2.4%€383,901within the sector's middle half▼ 75.7%
Debt€128,256▼ 70.2%€209,002▲ 63.0%€241,167▲ 15.4%€192,607▼ 20.1%€150,166▼ 22.0%
Working capital€1.1m▼ 7.1%€920,628▼ 15.2%€986,187▲ 7.1%€1.1m▲ 12.1%€27,041▼ 97.6%
Solvency87.5%above the sector's middle half▲ 13.1pp81.6%above the sector's middle half▼ 5.9pp80.7%above the sector's middle half▼ 0.9pp84.7%above the sector's middle half▲ 4.0pp49.7%within the sector's middle half▼ 34.9pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €1.2m after €2,464 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €383,901
Fixed assets
€213,448 ▼ 27.9%
Current assets
€170,453 ▼ 86.7%
Equity and liabilities €383,901
Equity
€190,909 ▼ 85.7%
Provisions
€42,826 ▼ 13.8%
Debt
€150,166 ▼ 22.0%
Debt's share of the balance-sheet total rises from 12.2% to 39.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€1.1m▼
2024 · €52,537
Cash flow
-€1.1m▼
2024 · €143,057
Current ratio
1.19▼
2024 · 7.14
Debt to equity
0.79▲
2024 · 0.14
ROE
-601.3%▼
2024 · 6.9%
ROA
-299.0%▼
2024 · 5.9%
Interest coverage
-129.51▼
2024 · 7.27
Debt ≤ 1 year
€143,412▼
2024 · €180,015
Debt > 1 year
€5,363=
2024 · €5,363
Income taxes
€505▼
2024 · €643
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,836 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.5%
went bankrupt
13%
stopped otherwise
84%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,836 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €59,007 | €49,995 | €49,995 | €50,073 | €34,789 | ▼ 30.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €1.2m | - |
| Other operating charges640/8 | €7,053 | €5,706 | €8,038 | €7,884 | €6,848 | ▼ 13.1% |
| Gross operating margin9900 | -€45,804 | €14,578 | €70,654 | €60,421 | €41,598 | ▼ 31.2% |
| Operating profit (loss)9901 | -€111,864 | -€41,123 | €12,621 | €2,464 | -€1.2m | ▼ 47,059% |
| Financial income75/76B | €35,350 | €33,259 | €34,163 | €91,559 | €11,572 | ▼ 87.4% |
| Recurring financial income75 | €35,350 | €33,259 | €34,163 | €91,559 | €11,572 | ▼ 87.4% |
| Financial charges65/66B | €15,975 | €4,209 | €11,310 | €7,226 | €8,667 | ▲ 19.9% |
| Recurring financial charges65 | €15,975 | €4,209 | €11,310 | €7,226 | €8,667 | ▲ 19.9% |
| Profit (loss) for the period before taxes9903 | -€92,490 | -€12,073 | €35,474 | €86,798 | -€1.2m | ▼ 1,430% |
| Transfer from deferred taxes780 | €7,294 | €6,558 | €6,625 | €6,830 | €6,830 | = |
| Income taxes67/77 | €6,599 | €623 | €643 | €643 | €505 | ▼ 21.5% |
| Profit (loss) for the period9904 | -€91,794 | -€6,138 | €41,456 | €92,984 | -€1.1m | ▼ 1,335% |
| Transfer from tax-exempt reserves789 | €51,818 | €12,882 | €13,005 | €13,433 | €13,433 | = |
| Profit (loss) for the period to be appropriated9905 | -€39,976 | €6,743 | €54,461 | €106,417 | -€1.1m | ▼ 1,166% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.6m | €1.5m | €1.5m | €1.6m | €383,901 | ▼ 75.7% |
| Fixed assets21/28 | €433,831 | €383,836 | €333,842 | €296,019 | €213,448 | ▼ 27.9% |
| Tangible fixed assets22/27 | €433,581 | €383,586 | €333,592 | €295,769 | €213,448 | ▼ 27.8% |
| Land and buildings22 | €433,581 | €383,586 | €333,592 | €295,769 | €213,448 | ▼ 27.8% |
| Financial fixed assets28 | €250 | €250 | €250 | €250 | - | - |
| Current assets29/58 | €1.1m | €1.1m | €1.2m | €1.3m | €170,453 | ▼ 86.7% |
| Amounts receivable after more than one year29 | €845,876 | €800,876 | €740,876 | €872,056 | - | - |
| Other amounts receivable291 | €845,876 | €800,876 | €740,876 | €872,056 | - | - |
| Amounts receivable within one year40/41 | €34,033 | €30,090 | €169,751 | €269,238 | €94,054 | ▼ 65.1% |
| Trade receivables40 | €34,000 | €30,090 | €30,000 | €10,000 | €18,521 | ▲ 85.2% |
| Other amounts receivable41 | €33 | - | €139,751 | €259,238 | €75,533 | ▼ 70.9% |
| Cash at bank and in hand54/58 | €116,388 | €80,503 | €83,504 | €25,134 | €75,088 | ▲ 199% |
| Deferred charges and accrued income490/1 | €149,339 | €181,230 | €215,559 | €118,679 | €1,311 | ▼ 98.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.6m | €1.5m | €1.5m | €1.6m | €383,901 | ▼ 75.7% |
| Equity10/15 | €1.4m | €1.2m | €1.2m | €1.3m | €190,909 | ▼ 85.7% |
| Contributions10/11 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Reserves13 | €379,674 | €195,812 | €182,807 | €169,374 | €155,941 | ▼ 7.9% |
| Non-distributable reserves130/1 | €15,620 | €15,620 | €15,620 | - | - | - |
| Reserves not available under the articles1311 | €15,620 | €15,620 | €15,620 | - | - | - |
| Tax-exempt reserves132 | €138,309 | €125,427 | €112,422 | €98,989 | €85,556 | ▼ 13.6% |
| Distributable reserves133 | €225,746 | €54,765 | €54,765 | €70,385 | €70,385 | = |
| Profit (loss) carried forward14 | -€201,631 | -€194,888 | -€140,427 | -€34,010 | -€1.2m | ▼ 3,336% |
| Provisions and deferred taxes16 | €69,669 | €63,111 | €56,485 | €49,656 | €42,826 | ▼ 13.8% |
| Deferred taxes168 | €69,669 | €63,111 | €56,485 | €49,656 | €42,826 | ▼ 13.8% |
| Amounts payable17/49 | €128,256 | €209,002 | €241,167 | €192,607 | €150,166 | ▼ 22.0% |
| Amounts payable after more than one year17 | €67,862 | €32,148 | €5,363 | €5,363 | €5,363 | = |
| Financial debts170/4 | €62,500 | €26,786 | - | - | - | - |
| Other amounts payable178/9 | €5,363 | €5,363 | €5,363 | €5,363 | €5,363 | = |
| Amounts payable within one year42/48 | €59,830 | €172,072 | €223,503 | €180,015 | €143,412 | ▼ 20.3% |
| Current portion of amounts payable after more than one year42 | €35,714 | €35,714 | €26,786 | - | - | - |
| Financial debts43 | - | - | - | €125,000 | €125,000 | = |
| Other loans439 | - | - | - | €125,000 | €125,000 | = |
| Trade debts44 | €17,517 | €11,886 | €350 | €8,078 | €13,010 | ▲ 61.1% |
| Suppliers440/4 | €17,517 | €11,886 | €350 | €8,078 | €13,010 | ▲ 61.1% |
| Advances received on contracts in progress46 | - | €2,178 | €1,694 | €1,651 | - | - |
| Taxes, remuneration and social security45 | €6,599 | €886 | €1,050 | €704 | €211 | ▼ 70.0% |
| Taxes450/3 | €6,599 | €886 | €1,050 | €704 | €211 | ▼ 70.0% |
| Other amounts payable47/48 | - | €121,407 | €193,624 | €44,582 | €5,191 | ▼ 88.4% |
| Accrued charges and deferred income492/3 | €563 | €4,782 | €12,301 | €7,229 | €1,391 | ▼ 80.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€91,794 | -€6,138 | €41,456 | €92,984 | -€1.1m | ▼ 1,335% |
| + Depreciation and write-downs630 | €59,007 | €49,995 | €49,995 | €50,073 | €34,789 | ▼ 30.5% |
| Operating cash flow (approximation) | -€32,787 | €43,856 | €91,451 | €143,057 | -€1.1m | ▼ 878% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€12,250 | €47,782 | ▲ 490% |
| Change in cash | - | -€35,885 | €3,000 | -€58,369 | €49,954 | ▲ 186% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 1 day late
2025
30-09
Financial
Weakest financial yearnet -€1.1m
Net result drops to -€1.1m, the lowest in the series.
26-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Highest result since 2018net €92,984 ▲124%
Net result €92,984, the highest in the series.
05-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Back to profitnet €41,456
Net result €41,456 after 2 loss-making years.
30-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
26-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Liquidity quadruplescurrent ratio 19.15
Current ratio from 4.66 to 19.15; short-term debt falls from €319,287 to €59,830.
20-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Back to profitnet €24,036
Net result €24,036 after one loss-making year.
28-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
24-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
17-03
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.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Waregem · 1 establishment unit since 1998
Ground area
455 m²
Building footprint
455 m²
Volume, LiDAR
3,996 m³
Parcel 34040C0229/00C004, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Windhoek 22, 8790 Waregem
since 19982.087.229.469
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34040C0229/00C004 | Flanders | 455 m² | 1 · 455 m² | 12.0 m · 3 fl. |
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.
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JECA MANAGEMENT
BE 0801.801.703
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OGEPAR
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 40,220 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
Founded29-05-1998
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0463473522
Also
9925:BE0463473522
Registered
08-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.