DRIEKONINGEN
ActiveSummary
DRIEKONINGEN has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €468k and a net result of €106k. Equity is growing by ~16.6% per year across the filed fiscal years. Its solvency ranks better than 52% of 9623 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
70
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability80▲+6
Solvency65▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity short (current ratio 0.84 against 0.82 in 2023; short-term debt: 57.7% and cash: 9.5% of total assets), and 59.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
72 d late
2022
70 d late
2021
144 d late
2020
139 d late
2019
132 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€468k▲ 29.2%
2023 · €362k
2018: €176k
2019: €174k
2020: €228k
2021: €283k
2022: €315k
2023: €362k
2018 → 2024
Total assets
€1.17M▼ 2.9%
2023 · €1.20M
2018: €1.66M
2019: €1.65M
2020: €1.62M
2021: €1.42M
2022: €1.15M
2023: €1.20M
2018 → 2024
Net result
€106k▲ 127%
2023 · €47k
2018: €-9k
2019: €-2k
2020: €55k
2021: €54k
2022: €33k
2023: €47k
2018 → 2024
Working capital
€-105k▲ 19.1%
2023 · €-130k
2018: €-126k
2019: €-176k
2020: €-178k
2021: €-182k
2022: €-89k
2023: €-130k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€228k-€283k▲ 23.8%€315k▲ 11.5%€362k▲ 14.7%€468k▲ 29.2%
Operating result€96k-€114k▲ 19.0%€88k▼ 23.0%€92k▲ 4.3%€160k▲ 74.0%
Net result€55k-€54k▼ 0.3%€33k▼ 39.9%€47k▲ 42.4%€106k▲ 127%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 74% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.17M
Fixed assets
€598k ▼ 4.1%
Current assets
€567k ▼ 1.6%
Equity and liabilities €1.17M
Equity
€468k ▲ 29.2%
Debt
€698k ▼ 16.8%
Debt's share of the balance-sheet total falls from 69.8% to 59.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€186k▲
2023 · €121k
Cash flow
€131k▲
2023 · €76k
Current ratio
0.84▲
2023 · 0.82
Quick ratio
0.70▲
2023 · 0.65
Debt to equity
1.49▼
2023 · 2.32
ROE
22.6%▲
2023 · 12.9%
ROA
9.1%▲
2023 · 3.9%
Interest coverage
9.84▲
2023 · 6.15
Debt ≤ 1 year
€672k▼
2023 · €706k
Debt > 1 year
€25k▼
2023 · €132k
Income taxes
€38k▲
2023 · €27k
Staff costs
€252k▲
2023 · €240k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.20M€1.17M▼
Fixed assets21/28€624k€598k▼
Tangible fixed assets22/27€117k€91k▼
Land and buildings22€106k€87k▼
Furniture and vehicles24€11k€4k▼
Financial fixed assets28€507k€507k=
Current assets29/58€577k€567k▼
Stocks and contracts in progress3€117k€96k▼
Stocks30/36€117k€96k▼
Amounts receivable within one year40/41€397k€356k▼
Trade receivables40€250k€295k▲
Other amounts receivable41€148k€61k▼
Cash at bank and in hand54/58€60k€110k▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.20M€1.17M▼
Equity10/15€362k€468k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€300k€406k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€294k€399k▲
Amounts payable17/49€838k€698k▼
Amounts payable after more than one year17€132k€25k▼
Financial debts170/4€132k€25k▼
Amounts payable within one year42/48€706k€672k▼
Current portion of amounts payable after more than one year42€103k€121k▲
Financial debts43€13k€4k▼
Credit institutions430/8€13k€4k▼
Trade debts44€269k€300k▲
Suppliers440/4€269k€300k▲
Taxes, remuneration and social security45€67k€77k▲
Taxes450/3€14k€20k▲
Remuneration and social security454/9€53k€57k▲
Other amounts payable47/48€254k€171k▼
Income statement
Code20232024
Remuneration, social security and pensions62€240k€252k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€26k▼
Other operating charges640/8€33k€5k▼
Gross operating margin9900€394k€443k▲
Operating profit (loss)9901€92k€160k▲
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€20k€19k▼
Recurring financial charges65€20k€19k▼
Profit (loss) for the period before taxes9903€74k€143k▲
Income taxes67/77€27k€38k▲
Profit (loss) for the period9904€47k€106k▲
Profit (loss) for the period to be appropriated9905€47k€106k▲
Appropriation of the result
Profit (loss) to be appropriated9906€47k€106k▲
Transfer to equity691/2€47k€106k▲
To other reserves6921€47k€106k▲
Social balance
Average headcount (FTE)90873.03.5▲
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 60 days late
2024
31-12
Financial
Highest result since 2018net €106k ▲127%
Operating result €160k, net result €106k, both a record.
11-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 72 days late
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 70 days late
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 144 days late
2021
17-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 139 days late
2020
31-12
Financial
Back to profitnet €55k
Net result €55k after 2 loss-making years.
31-12
Financial
Equity above €200kEq €228k ▲31.3%
Equity rises from €174k to €228k.
10-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 132 days late
08-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 161 days late
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 58 days late
2016
07-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 68 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Niklaas · 1 establishment unit since 1989
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Driekoningenstraat 389100 Sint-NiklaasGround area
303 m²
Building footprint
143 m²
Volume, LiDAR
1,202 m³
Parcel 46021A0765/00E000, Flanders · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
APOTHEEK BANDAGISTERIE
since 19892.045.803.541
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46021A0765/00E000 | Flanders | 303 m² | 1 · 143 m² | 10.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 3 entries · 3,167 EUR awarded · 3,167 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 510 EUR | 510 EUR |
| 2022 | 2 | 2,657 EUR | 2,657 EUR |
Schemes
Hinderpremie bij openbare werken
Hulpmiddelen voor personen met een beperkte mobiliteit
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Niklaas2.045.803.541
Care and welfare
1 serviceDRIEKONINGEN
Similar companies · same sector, comparable size
De Magistrale
BE 0843.429.153
Brakel · Eq €467,656
PHARMACIE SMEETS LAMPROYE
BE 0878.608.974
Gesves · Eq €467,916
APOTHEEK KEERSMAEKERS
BE 0542.997.387
Heist-op-den-Berg · Eq €467,040
PHARMACIE DU VERT CHASSEUR
BE 0817.678.029
Ukkel · Eq €468,779
apotheek l. goegebeur
BE 0863.298.020
Torhout · Eq €468,922
Of 5,220 companies in sector 47730 we hold annual accounts for 3,861. 3,385 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded21-11-1989
Fiscal year end31-12
Activities, NACEBEL 2025
47730Retail sale of pharmaceutical products
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.