Skip to content

Dries Bracke

Active
Private limited companyfounded 2024active for 2 yearsNieuwe Molenstraat 53, 9160 Lokeren, BelgiumKBO/BCE: BE 1010.887.478

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

Dries Bracke has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35,375 and a net result of €27,875. Its solvency ranks better than 41% of 5,655 sector peers (NACE 81, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Official details

KBO
Status
Active since 28-06-2024 Normal situation
Legal form
Private limited company
Registered office
Nieuwe Molenstraat 53, 9160 Lokeren
Activity
Landscape service activities NACE 81300
Establishment unit
2.361.126.488 9160 Lokeren, since 28-06-2024
Financial year end
31 December
Peppol
Reachable since 05-03-2025

Who decides

Board

How it is doing

69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts 2025
Gross margin
€59,317
Turnover
≈ €190,000
estimated
Profit
€27,875
Equity
€35,375
Total assets
€107,603
2025 accounts 10 days early
Filed on 21-07-2026at the National Bank
Why 69raises riskFounded in 2024Sector: Services to buildings and landscape activities (NACE 81)Size: total assets €107,603lowers riskLiquidity: current ratio 0.70, cash €44,361Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 67% of its sector peers (NACE 81, micro)
Financial strength
Strong
Solvency 58
equity 32.9% of total assets
Liquidity 67
short-term debt 63.4% · cash 41.2%
Profitability 100
return on assets 25.9%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (7,707 companies, NACE 81, micro)
Last 24 months 07-2025: 2.0% 08-2025: 2.0%● unchanged vs 07-2025 09-2025: 2.0%● unchanged vs 08-2025 10-2025: 2.4%▲ +0.4 percentage points vs 09-2025 11-2025: 2.5%▲ +0.1 percentage points vs 10-2025 12-2025: 2.8%▲ +0.3 percentage points vs 11-2025 01-2026: 2.8%● unchanged vs 12-2025 02-2026: 3.1%▲ +0.3 percentage points vs 01-2026 03-2026: 3.2%▲ +0.1 percentage points vs 02-2026 04-2026: 3.0%▼ -0.2 percentage points vs 03-2026 05-2026: 3.1%▲ +0.1 percentage points vs 04-2026 06-2026: 3.4%▲ +0.3 percentage points vs 05-2026 07-2026: 3.4%● unchanged vs 06-2026highest value 08-2026: 0.8%▼ -2.6 percentage points vs 07-2026lowest value 09-2026: 0.8%● unchanged vs 08-2026lowest value 10-2026: 0.8%● unchanged vs 09-2026lowest value
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.7, below 1; short-term debt: 63.4% and cash: 41.2% of total assets), and 67.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 81, micro): better than 40% on solvency, 70% on liquidity and 92% on profitability.

The bankruptcy probability was computed on 31-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 0.70, cash €44,361
NBB · annual accounts
raises risk · Sector: Services to buildings and landscape activities (NACE 81)
KBO
raises risk · Size: total assets €107,603
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
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 21-07-2026, 10 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
10 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
21-07-2026
Format
micro format
Reference
2026-00317262
Turnover
≈ €190,000
Estimated: probably between €110,000 and €270,000
Total assets
€107,603
Net result
€27,875
Working capital
-€20,480

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €107,603
Fixed assets €59,915
Current assets €47,688
Equity and liabilities €107,603
Equity €35,375
Debt €72,228
Debt finances 67.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€58,270
Cash flow
€50,365
Current ratio
0.70
Debt to equity
2.04
ROE
78.8%
ROA
25.9%
Interest coverage
over 100
Debt ≤ 1 year
€68,168
Debt > 1 year
€4,060
Income taxes
€7,520

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% still going

For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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
Filed annual accounts As filed with the NBB · 2025 · 41 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 21-07-2026.

Balance sheet Code2025
Assets
Total assets20/58€107,603
Fixed assets21/28€59,915
Tangible fixed assets22/27€59,915
Plant, machinery and equipment23€30,059
Furniture and vehicles24€29,857
Current assets29/58€47,688
Amounts receivable within one year40/41€1,357
Trade receivables40€1,091
Other amounts receivable41€266
Cash at bank and in hand54/58€44,361
Deferred charges and accrued income490/1€1,970
Equity and liabilities
Total equity and liabilities10/49€107,603
Equity10/15€35,375
Contributions10/11€7,500
Reserves13€27,875
Distributable reserves133€27,875
Amounts payable17/49€72,228
Amounts payable after more than one year17€4,060
Financial debts170/4€4,060
Amounts payable within one year42/48€68,168
Current portion of amounts payable after more than one year42€4,030
Trade debts44€6,385
Suppliers440/4€6,385
Taxes, remuneration and social security45€10,206
Taxes450/3€10,206
Other amounts payable47/48€47,547
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22,490
Other operating charges640/8€1,047
Gross operating margin9900€59,317
Operating profit (loss)9901€35,780
Financial income75/76B€2
Recurring financial income75€2
Financial charges65/66B€387
Recurring financial charges65€387
Profit (loss) for the period before taxes9903€35,395
Income taxes67/77€7,520
Profit (loss) for the period9904€27,875
Profit (loss) for the period to be appropriated9905€27,875
Appropriation of the result
Profit (loss) to be appropriated9906€27,875
Transfer to equity691/2€27,875
To other reserves6921€27,875

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22,490
Other operating charges640/8€1,047
Gross operating margin9900€59,317
Operating profit (loss)9901€35,780
Financial income75/76B€2
Recurring financial income75€2
Financial charges65/66B€387
Recurring financial charges65€387
Profit (loss) for the period before taxes9903€35,395
Income taxes67/77€7,520
Profit (loss) for the period9904€27,875
Profit (loss) for the period to be appropriated9905€27,875
Line2025
Assets
Total assets20/58€107,603
Fixed assets21/28€59,915
Tangible fixed assets22/27€59,915
Plant, machinery and equipment23€30,059
Furniture and vehicles24€29,857
Current assets29/58€47,688
Amounts receivable within one year40/41€1,357
Trade receivables40€1,091
Other amounts receivable41€266
Cash at bank and in hand54/58€44,361
Deferred charges and accrued income490/1€1,970
Equity and liabilities
Total equity and liabilities10/49€107,603
Equity10/15€35,375
Contributions10/11€7,500
Reserves13€27,875
Distributable reserves133€27,875
Amounts payable17/49€72,228
Amounts payable after more than one year17€4,060
Financial debts170/4€4,060
Amounts payable within one year42/48€68,168
Current portion of amounts payable after more than one year42€4,030
Trade debts44€6,385
Suppliers440/4€6,385
Taxes, remuneration and social security45€10,206
Taxes450/3€10,206
Other amounts payable47/48€47,547
Line2025
Profit (loss) for the period9904€27,875
+ Depreciation and write-downs630€22,490
Operating cash flow (approximation)€50,365

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 21-07-2026 2026-00317262 NBB

Similar companies · same sector, comparable size

Of the 21,118 active companies whose main activity is landscape service activities (NACE 81300), figures are known for 4,506. 3,598 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2024
BRACKE Dries
Director (not named in the articles) · appointed in the act of 02-07-2024 · in the 2025 annual accounts, filed on 21-07-2026
Current

Mandate history

1 person, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
BRACKE Dries
  • Director (not named in the articles), appointed in the act of 02-07-2024, still in office
See the board, name and registered office on a given date →

How the board is organised

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Bestuursorgaan, één of meer bestuurders”
1 more provision on this in the deed

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
“Vormen vereist voor statutenwijziging, algemene vergadering”
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Bestuurder(s) in functie krachtens statuten”

Articles of association, deed of 02-07-2024

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 02-07-2024 ↗
Capital over the years
  1. 02-07-2024 Incorporation · €7,500 · 100 shares

Other provisions of the articles of association

Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
Other provision: “Aandeel, gelijk”
Other provision: “Oproeping algemene vergadering, e-mail aan aandeelhouders,bestuurders,houders converteerbare obligaties op naam,inschrijvingsrechten op…”
Other provision: “Toegang tot algemene vergadering, houder effecten op naam ingeschreven in register effecten op naam voor zijn categorie”
Other provision: “Inventaris en jaarrekening, inventaris en jaarrekening”
Other provision: “Bestemming van winst-reserves, algemene vergadering”
Other provision: “Bestemming bij gebrek aan bestemmingsbeslissing, helft jaarlijkse nettowinst”
Liquidation distribution: “Netto actief onder alle aandeelhouders naar verhouding aantal aandelen”
3 more provisions in the deed, see the deed of 02-07-2024

Articles of association, deed of 02-07-2024 (in Dutch)

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 28 June 2024, Dries Bracke was incorporated as a private limited company by one natural person, with a starting capital of €7,500.12 BRACKE Dries is director of the company, appointed in the act of 02-07-2024.2 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 02-07-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
21-07
NBB filing Annual accounts filedNBB
financial year 2025 · micro format
2024
02-07
Gazette deed Incorporation
Appointment: BRACKE Dries (director) · Founder · Founding capital9 facts ▸
  • Incorporation, 26-06-2024
  • Founder, BRACKE Dries
  • Founding capital, €7,500
  • Other provision, “aandeelhouders, boeking inbrengen oprichters op beschikbare eigen vermogensrekening” (deed in Dutch)
  • Registered office clause, “9160 Lokeren,Nieuwe Molenstraat 53” (deed in Dutch)
  • Board rule, 1
  • Director appointment, BRACKE Dries (director (not named in the articles))
  • Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten door comparanten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
  • Power of attorney, BRACKE Dries

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Register details

Who it is

KBO record
Name Dries Bracke in Dutch
Enterprise number 1010.887.478
Legal form Private limited company
Status Active, normale toestand
Founded 28-06-2024
Type Legal entity

Where it is based

Registered office Nieuwe Molenstraat 53, 9160 Lokeren, Belgium
Establishments 1 establishment unit since 2024

What it does

NACEBEL 2025
81300 Landscape service activities main activity

Invoicing and payment

VAT number BE 1010.887.478
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1010887478
Also 9925:BE1010887478
Registered 05-03-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 31 October 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

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

Purpose, financial year and meetings according to the articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Studie,advies,ontwerp,aanleg en onderhoud van parken,tuinen en alle private en openbare ruimten evenals het verzorgen,vellen,verplaatsen en…”
3 activities
  1. Studie,advies,ontwerp,aanleg en onderhoud van parken,tuinen en alle private en openbare ruimten evenals het verzorgen,vellen,verplaatsen en snoeien van bomen.
  2. Studie en uitvoering van alle mogelijke particuliere en openbare grond- en graafwerken als algemene aannemer of in onderaanneming.Het(her)aan-leggen van terrassen,opritten en verhardingen.
  3. De handel in,en meer specifiek de verhuur van,(bouw)machines,materialen,gereedschappen en containers.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
Dries Bracke
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, geen wijziging taalregime”

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Thursday of June at 16:00

Articles of association, deed of 02-07-2024 (in Dutch)

Environmental permits: No permit applications found in Flanders.

Sites & property

Registered office and establishments
registered office establishment The establishment unit on the map
2 companies at this address See who is registered here
1 establishment unit
Dries Bracke
Nieuwe Molenstraat 53, 9160 LokerenLandscape service activities
since 2024unit no. 2.361.126.488

Buildings and parcels at the address

Ground area
684 m²
Building footprint
160 m²
Building volume
942 m³
Parcel 46384C0140/00V000, Flanders · tallest building 8.6 m.
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
46384C0140/00V000 Flanders 684 m² 1 · 160 m² 8.6 m · 2