DRIESEN
Open bankruptcyA bankruptcy procedure is open for DRIESEN according to publications in the Belgian State Gazette; curator: Mr. Lesire.
Summary
The 2024 annual accounts show negative equity (-€119,044) and a net result of €18,976.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Rechtbank van koophandel te Hasselt
- Declared bankrupt
- 22 April 2010
- Supervising judge
- de heer Missoul
- Official Gazette
- 29-04-2010 (pdf) ↗search the document for 2010/015265
Deadlines
- Appeal or third-party opposition until
- passed on 14 May 2010Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- First verification report
- passed on 3 June 2010Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 22 April 2011Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Mr. LesireGodfrey, De Gerlachstraat 11, te 3500 Hasselt
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
42 d early
2024
34 d early
2023
30 d late
2022
32 d late
2021
31 d late
2020
31 d late
2019
55 d late
← 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 after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 August (4 of the last 5 filed years within 65 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the General electrical installation work sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
-€119,044▲ 13.7%
2023 · -€138,020
Total assets
€67,275▲ 1.1%
2023 · €66,566
Net result
€18,976▲ 236%
2023 · €5,652
Working capital
-€52,932▲ 32.2%
2023 · -€78,076
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€2,298▼ 93.1%€22,592▲ 883%-€11,031-€12,901▼ 16.9%€19,930
Net result-€1,734below the sector's middle half€18,897within the sector's middle half-€15,222below the sector's middle half€5,652within the sector's middle half€18,976within the sector's middle half▲ 236%
Equity-€146,899below the sector's middle half▼ 1.2%-€128,003below the sector's middle half▲ 12.9%-€143,672below the sector's middle half▼ 12.2%-€138,020below the sector's middle half▲ 3.9%-€119,044below the sector's middle half▲ 13.7%
Total assets€45,620below the sector's middle half▲ 8.5%€111,173within the sector's middle half▲ 144%€89,551within the sector's middle half▼ 19.4%€66,566within the sector's middle half▼ 25.7%€67,275within the sector's middle half▲ 1.1%
Debt€192,520▲ 2.8%€239,176▲ 24.2%€233,223▼ 2.5%€204,586▼ 12.3%€186,319▼ 8.9%
Working capital-€47,262below the sector's middle half▼ 1.9%-€54,659below the sector's middle half▼ 15.7%-€64,270below the sector's middle half▼ 17.6%-€78,076below the sector's middle half▼ 21.5%-€52,932below the sector's middle half▲ 32.2%
Solvency-322.0%below the sector's middle half▲ 23.3pp-115.1%below the sector's middle half▲ 206.9pp-160.4%below the sector's middle half▼ 45.3pp-207.3%below the sector's middle half▼ 46.9pp-177.0%below the sector's middle half▲ 30.4pp
Current ratio0.47below the sector's middle half=0.40below the sector's middle half▼ 0.070.30below the sector's middle half▼ 0.100.17below the sector's middle half▼ 0.130.39below the sector's middle half▲ 0.22
Return on assets (ROA)-3.8%below the sector's middle half▼ 74.7pp17.0%above the sector's middle half▲ 20.8pp-17.0%below the sector's middle half▼ 34.0pp8.5%within the sector's middle half▲ 25.5pp28.2%above the sector's middle half▲ 19.7pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
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: €19,930 after a loss of €12,901 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €67,275
Fixed assets
€33,675 ▼ 33.2%
Current assets
€33,599 ▲ 108%
Key figures and ratios
EBITDA
€36,643▲
2023 · €3,812
Cash flow
€35,689▲
2023 · €22,365
Debt to equity
-1.57▼
2023 · -1.48
Interest coverage
50.38▲
2023 · 3.36
Debt ≤ 1 year
€86,531▼
2023 · €94,253
Debt > 1 year
€9,788▼
2023 · €20,333
Income taxes
€226▼
2023 · €229
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €600 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €833 | €2,547 | €15,789 | €16,713 | €16,713 | = |
| Other operating charges640/8 | - | €685 | €517 | €1,688 | €1,813 | ▲ 7.4% |
| Gross operating margin9900 | €3,667 | €25,824 | €5,274 | €5,500 | €38,456 | ▲ 599% |
| Operating profit (loss)9901 | €2,298 | €22,592 | -€11,031 | -€12,901 | €19,930 | ▲ 254% |
| Financial income75/76B | - | €1 | - | €19,915 | - | - |
| Recurring financial income75 | - | €1 | - | €19,915 | - | - |
| Financial charges65/66B | - | €3,447 | €3,947 | €1,134 | €727 | ▼ 35.8% |
| Recurring financial charges65 | €4,032 | €3,447 | €3,947 | €1,134 | €727 | ▼ 35.8% |
| Profit (loss) for the period before taxes9903 | -€1,734 | €19,147 | -€14,978 | €5,880 | €19,202 | ▲ 227% |
| Income taxes67/77 | - | €250 | €243 | €229 | €226 | ▼ 1.1% |
| Profit (loss) for the period9904 | -€1,734 | €18,897 | -€15,222 | €5,652 | €18,976 | ▲ 236% |
| Profit (loss) for the period to be appropriated9905 | -€1,734 | €18,897 | -€15,222 | €5,652 | €18,976 | ▲ 236% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €45,620 | €111,173 | €89,551 | €66,566 | €67,275 | ▲ 1.1% |
| Fixed assets21/28 | €4,327 | €74,962 | €61,617 | €50,388 | €33,675 | ▼ 33.2% |
| Tangible fixed assets22/27 | €3,327 | €73,962 | €60,617 | €49,388 | €32,675 | ▼ 33.8% |
| Plant, machinery and equipment23 | - | €2,164 | €1,553 | €941 | €330 | ▼ 64.9% |
| Furniture and vehicles24 | - | €71,798 | €59,064 | €48,447 | €32,345 | ▼ 33.2% |
| Financial fixed assets28 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Current assets29/58 | €41,294 | €36,211 | €27,934 | €16,178 | €33,599 | ▲ 108% |
| Amounts receivable within one year40/41 | €37,140 | €31,364 | €23,781 | €12,006 | €20,993 | ▲ 74.9% |
| Trade receivables40 | - | €10,424 | €20,861 | €11,809 | €20,993 | ▲ 77.8% |
| Other amounts receivable41 | - | €20,940 | €2,920 | €198 | - | - |
| Cash at bank and in hand54/58 | €4,154 | €4,848 | €4,153 | €3,220 | €11,655 | ▲ 262% |
| Deferred charges and accrued income490/1 | - | - | - | €952 | €952 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €45,620 | €111,173 | €89,551 | €66,566 | €67,275 | ▲ 1.1% |
| Equity10/15 | -€146,899 | -€128,003 | -€143,672 | -€138,020 | -€119,044 | ▲ 13.7% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€165,499 | -€146,603 | -€162,272 | -€156,620 | -€137,644 | ▲ 12.1% |
| Amounts payable17/49 | €192,520 | €239,176 | €233,223 | €204,586 | €186,319 | ▼ 8.9% |
| Amounts payable after more than one year17 | - | €41,018 | €30,742 | €20,333 | €9,788 | ▼ 51.9% |
| Financial debts170/4 | - | €41,018 | €30,742 | €20,333 | €9,788 | ▼ 51.9% |
| Amounts payable within one year42/48 | €88,556 | €90,871 | €92,204 | €94,253 | €86,531 | ▼ 8.2% |
| Current portion of amounts payable after more than one year42 | - | €10,143 | €10,275 | €10,403 | €10,545 | ▲ 1.4% |
| Trade debts44 | €4,925 | €5,398 | €1,952 | €6,479 | €15,382 | ▲ 137% |
| Suppliers440/4 | - | €5,398 | €1,952 | €6,479 | €15,382 | ▲ 137% |
| Taxes, remuneration and social security45 | - | €250 | €2,421 | €2,019 | €2,642 | ▲ 30.9% |
| Taxes450/3 | - | €250 | €2,421 | €2,019 | €2,642 | ▲ 30.9% |
| Other amounts payable47/48 | - | €75,080 | €77,556 | €75,352 | €57,961 | ▼ 23.1% |
| Accrued charges and deferred income492/3 | - | €107,287 | €110,276 | €90,000 | €90,000 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,734 | €18,897 | -€15,222 | €5,652 | €18,976 | ▲ 236% |
| + Depreciation and write-downs630 | €833 | €2,547 | €15,789 | €16,713 | €16,713 | = |
| Operating cash flow (approximation) | -€902 | €21,443 | €567 | €22,365 | €35,689 | ▲ 59.6% |
| Investment in fixed assets (approximation) | - | -€73,182 | -€2,444 | -€5,485 | €0 | ▲ 100% |
| Change in cash | - | €694 | -€695 | -€933 | €8,435 | ▲ 1,004% |
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
19-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €5,652
Net result €5,652 after one loss-making year.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Weakest financial yearnet -€15,222
Net result drops to -€15,222, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €18,897
Net result €18,897 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 55 days late
2019
31-12
Financial
Highest result since 2018net €29,795 ▲552%
Operating result €33,263, net result €29,795, both a record.
04-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 4 days late
Show earlier events
2018
29-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 11 days late
2010
29-04
Bankruptcy
Opening
Rechtbank van koophandel te Hasselt · event 22-04-2010
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Pelt · 1 establishment unit since 2015
Ground area
336 m²
Building footprint
106 m²
Volume, LiDAR
560 m³
Parcel 72025B1199/00B003, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Driesen
since 20152.245.235.145
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72025B1199/00B003 | Flanders | 336 m² | 1 · 106 m² | 7.5 m · 2 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Mr. Lesire Godfrey, De Gerlachstraat 11, te 3500 Hasselt |
22-04-2010 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 sitePelt2.245.235.145
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 22,818 companies in sector 43211 we hold annual accounts for 10,336. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded24-10-1986
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0429718215
Registered
28-11-2025
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.