Equity
€578,047 ▼ 17.6%
DRIES paid out €291,421 in dividends. That is 174% of the 2025 profit.
DRIES
Lifetime
20 annual accounts with figures on one time axis, 23 filings since 2003peak €1.6m (2025)
€1.6m▲ 1.0%
lowest -€31,374 (2014)
€167,624▼ 23.8%
peak €701,845 (2024)
€578,047▼ 17.6%
€756,475▲ 65.8%
peak 28.5 FTE (2024)
27.1 FTE▼ 4.9%
Board1 name since 2021
1 directorJohan Vandezande
Documentsfilings and deeds
29-06-202632 days before the deadline
2025abbreviated format
Dividend €291,421Equity from €701,845 to €578,047Debts from €456,190 to €756,475Cash from €403,443 to €539,888
Key points
from the 2025 annual accountsTurnover
≈ €2.7m estimated
The abbreviated format states no turnover.
Debts
€756,475 ▲ 65.8%
Debts rose by €300,285 in 2025.
Staff
49 employees on 31-12-2025
In 2025, 477 short contracts started and 488 ended, on average 112 hours worked per contract. Staff averaged 27 full-time equivalents.
Filings
23 annual accounts since 2003
Three of the last ten came late. The 2019 accounts came latest: 49 days after the end of the period.
Position in the sector
€167,624
Higher net result than 91% of companies in food and beverage service. Sector median €10,278 · 4,838 companies.
Checked score
93
Excellent
Financially stronger than 63% of small companies in food and beverage service (NACE 56)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.9% across 1,614 companies (NACE 56, small).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.1%▼ -0.1 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026lowest value
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026highest value
10-2026: 0.1%▼ -0.1 percentage points vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
lowers risk
Liquidity: current ratio 0.92, cash €539,888
Founded in 2002
Equity €578,047 (43.3% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, small). It does better than 69% of them on solvency, 82% on liquidity, 78% on profitability and 24% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as DRIES has now. Each dot stands for 51 companies, two years later.
95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of DRIES itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 20,137 companies, not a prediction for DRIES. 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.
Credit verdict
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.92 (1.29 in 2024), below 1. Short-term debt is 56.7% and cash 40.5% of total assets. 56.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 days early
2024
32 days early
2023
26 days late
2022
32 days early
2021
18 days late
2020
24 days early
2019
49 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 4 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (4 of the last 5 accounts filed within 50 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0477813882
Change of role: Johan Vandezande, from manager to director
“Verhuur onroerend goed; Schrijnwerkerij in de meest ruime zin van het woord” (deed in Dutch) · Director discharge: Johan Vandezande · General meeting of 26-07-2022 · Gazette deed
Incorporation
published on 05-07-2002 · Gazette deed
First establishment
Kraainemse laan 50, Woluwe-Saint-Lambert
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DRIES Leuven | €1.3m | €1.6m | 43.3% | 27.1 |
| ZODIAC Ghent | €1.5m | €1.5m | 61.6% | 29.4 |
| SULLIREST Wemmel | €1.7m | €1.6m | 68.1% | 28 |
| SANDERS TEAM Aalst | €1.4m | €1.4m | 54.6% | 27.6 |
| MAXIM'S FOOD INVEST Brussels | €1.5m | €1.5m | 65.8% | 35.8 |
| DEMO Hasselt | €1.1m | €1.2m | 55.2% | 25.5 |
| HAPPY FLIGHT Ostend | €1.7m | €1.5m | 5.9% | 27.1 |
These companies have the same main activity as DRIES: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €1.1m and €1.7m, founded between 1995 and 2005.
Official details
Source: KBO- Status
- Active since 21-06-2002Normal situation
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112and 1 other
- Establishment unit
- 2.114.711.1531200 Woluwe-Saint-Lambert, since 12-06-2002
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Annual accounts 2025
- €1.3m▲ 15.2%
- Employeeson 31-12-2025
- 49▲ 2.1%
- Filing
- Filed on 29-06-2026, 32 days before the end of the filing period
Insights on DRIES
DRIES files the abbreviated format. That format states no turnover. The gross margin rose from €615,460 in 2006 to €1.6m in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DRIES
- What is the company number of DRIES?
- The company number of DRIES is 0477.813.882. The VAT number is the same number with BE in front: BE 0477.813.882.
- Where is DRIES based?
- The registered office is at Spaanse-Kroonlaan 41, 3000 Leuven.Company details
- What does DRIES do?
- According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
- What is the legal form of DRIES?
- DRIES is a private limited company (BV).
- When was DRIES founded?
- DRIES was founded on 21-06-2002.
- Is DRIES still active?
- Yes, DRIES is an active enterprise in the KBO register.
- How many employees does DRIES have?
- DRIES had an average of 27.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of DRIES?
- The turnover in financial year 2025 is ≈ €2.7m. This figure is estimated from the gross margin of €1.6m and 1,585 comparable companies of the same size. It probably lies between €1.8m and €4.4m. It is a rough estimate.
- Is DRIES profitable?
- In financial year 2025, DRIES made a profit of €167,624.
- Where can I find the annual accounts of DRIES?
- DRIES filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DRIES due?
- DRIES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.