DRIEKONINGEN
ActiveSummary
DRIEKONINGEN has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.81M and a net result of €64k. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 80% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72▲+34
Solvency97▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days only on tighter terms
Liquidity short (current ratio 0.14 against 0.09 in 2023; short-term debt: 17.2% and cash: 1.4% of total assets), and 28.1% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
71.9%
Return on assets
2.5%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-11-2025, 119 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
119 d late
2023
70 d late
2022
259 d late
2021
222 d late
2020
149 d late
2019
22 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€1.81M▲ 3.7%
2023 · €1.74M
2018: €1.51M
2019: €1.56M
2020: €1.57M
2021: €1.66M
2022: €1.72M
2023: €1.74M
2018 → 2024
Total assets
€2.51M▼ 0.9%
2023 · €2.53M
2018: €2.84M
2019: €2.79M
2020: €2.68M
2021: €2.61M
2022: €2.62M
2023: €2.53M
2018 → 2024
Net result
€64k▲ 171%
2023 · €24k
2018: €87k
2019: €52k
2020: €5k
2021: €98k
2022: €55k
2023: €24k
2018 → 2024
Working capital
€-372k▲ 5.4%
2023 · €-393k
2018: €-347k
2019: €-356k
2020: €-450k
2021: €-373k
2022: €-359k
2023: €-393k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.57M-€1.66M▲ 6.2%€1.72M▲ 3.3%€1.74M▲ 1.4%€1.81M▲ 3.7%
Operating result€28k-€16k▼ 40.9%€15k▼ 5.8%€-4k€15k
Net result€5k-€98k▲ 1,707%€55k▼ 43.2%€24k▼ 57.5%€64k▲ 171%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €15k after a loss of €4k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.51M
Fixed assets
€2.45M ▼ 1.7%
Current assets
€60k ▲ 51.5%
Equity and liabilities €2.51M
Equity
€1.81M ▲ 3.7%
Debt
€705k ▼ 10.9%
Debt's share of the balance-sheet total falls from 31.2% to 28.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€58k▲
2023 · €43k
Cash flow
€107k▲
2023 · €70k
Current ratio
0.14▲
2023 · 0.09
Debt to equity
0.39▼
2023 · 0.45
ROE
3.5%▲
2023 · 1.4%
ROA
2.5%▲
2023 · 0.9%
Interest coverage
14.08▲
2023 · 2.20
Debt ≤ 1 year
€433k▼
2023 · €433k
Debt > 1 year
€273k▼
2023 · €359k
Income taxes
€13k▲
2023 · €3k
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 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.53M€2.51M▼
Fixed assets21/28€2.49M€2.45M▼
Tangible fixed assets22/27€560k€517k▼
Land and buildings22€530k€501k▼
Furniture and vehicles24€30k€16k▼
Financial fixed assets28€1.93M€1.93M=
Current assets29/58€40k€60k▲
Amounts receivable within one year40/41€24k€20k▼
Trade receivables40€15k€17k▲
Other amounts receivable41€9k€3k▼
Current investments50/53€6k€6k=
Cash at bank and in hand54/58€10k€34k▲
Deferred charges and accrued income490/1€112€31▼
Equity and liabilities
Total equity and liabilities10/49€2.53M€2.51M▼
Equity10/15€1.74M€1.81M▲
Contributions10/11€1.11M€1.11M=
Capital10€1.11M-
Issued capital100€1.11M-
Reserves13€634k€698k▲
Non-distributable reserves130/1€30k-
Legal reserve130€30k-
Tax-exempt reserves132€399€399=
Distributable reserves133€603k€698k▲
Amounts payable17/49€792k€705k▼
Amounts payable after more than one year17€359k€273k▼
Financial debts170/4€359k€273k▼
Amounts payable within one year42/48€433k€433k▼
Current portion of amounts payable after more than one year42€51k€52k▲
Financial debts43€38k€26k▼
Credit institutions430/8€38k€26k▼
Trade debts44€12k€8k▼
Suppliers440/4€12k€8k▼
Advances received on contracts in progress46€31k€31k=
Taxes, remuneration and social security45€14k€11k▼
Taxes450/3€14k€11k▼
Other amounts payable47/48€287k€305k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€43k▼
Other operating charges640/8€3k€7k▲
Gross operating margin9900€46k€65k▲
Operating profit (loss)9901€-4k€15k▲
Financial income75/76B€50k€66k▲
Recurring financial income75€50k€66k▲
Financial charges65/66B€20k€4k▼
Recurring financial charges65€20k€4k▼
Profit (loss) for the period before taxes9903€26k€77k▲
Income taxes67/77€3k€13k▲
Profit (loss) for the period9904€24k€64k▲
Profit (loss) for the period to be appropriated9905€24k€64k▲
Appropriation of the result
Profit (loss) to be appropriated9906€24k€64k▲
Transfer to equity691/2€24k€64k▲
To other reserves6921€24k€64k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 119 days late
2024
09-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 70 days late
15-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 259 days late
2023
10-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 222 days late
2021
31-12
Financial
Highest result since 2018net €98k ▲1707%
Net result €98k, the highest in the series.
27-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 149 days late
2020
31-12
Financial
Weakest financial yearnet €5k ▼89.6%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 22 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Torhout · 1 establishment unit since 2005
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.
Gavervijver 128820 TorhoutGround area
1,743 m²
Building footprint
195 m²
Volume, LiDAR
1,111 m³
Parcel 31522B0076/00V002, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Driekoningen bvba
since 20052.144.571.515
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31522B0076/00V002 | Flanders | 1,743 m² | 1 · 195 m² | 7.7 m · 2 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.
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Of 11,747 companies in sector 68310 we hold annual accounts for 6,905. 2,914 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 formPrivate limited company
Founded06-12-2004
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
68121Development of residential building projects
82990Other business support services
85592Vocational training
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.