DRIESEN
ActiveSummary
DRIESEN has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €612,732 and a net result of €215,713. Equity is growing by ~24.3% per year across the filed fiscal years. Its solvency ranks better than 60% of 1065 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability88▼-7
Solvency69=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50,000 at 30 days acceptable
Liquidity ample (current ratio 3.08 against 3.61 in 2024; short-term debt: 16.9% and cash: 27.3% of total assets), but 56.1% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
43.9%
Return on assets
15.5%
Age of the figures
9 mo
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 13-05-2026, 79 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
79 d early
2024
76 d early
2023
57 d early
2022
68 d early
2021
75 d early
2020
73 d early
2019
67 d early
← 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 71 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 48% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
In the rankings
#3 oldest company in Tongeren-Borgloon, Other services sector#6 company by total assets in Tongeren-Borgloon, Other services sector#7 company by equity in Tongeren-Borgloon, Other services sector
Equity
€612,732▼ 2.3%
2024 · €627,019
Total assets
€1.4m▼ 1.3%
2024 · €1.4m
Net result
€215,713▼ 27.8%
2024 · €298,891
Working capital
€490,634▼ 13.3%
2024 · €565,981
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€438,732▲ 211%€537,464▲ 22.5%€195,188▼ 63.7%€420,796▲ 116%€304,437▼ 27.7%
Net result€307,104▲ 246%€386,272▲ 25.8%€134,138▼ 65.3%€298,891▲ 123%€215,713▼ 27.8%
Equity€327,718▲ 196%€533,990▲ 62.9%€508,128▼ 4.8%€627,019▲ 23.4%€612,732▼ 2.3%
Total assets€1.6m▼ 0.2%€1.7m▲ 11.7%€1.3m▼ 23.0%€1.4m▲ 5.6%€1.4m▼ 1.3%
Debt€1.2m▼ 15.2%€1.2m▼ 1.9%€830,860▼ 31.1%€786,974▼ 5.3%€783,203▼ 0.5%
Working capital€291,558▲ 58.2%€553,158▲ 89.7%€446,596▼ 19.3%€565,981▲ 26.7%€490,634▼ 13.3%
Staff (FTE)2.4=2.3▼ 4.2%2.1▼ 8.7%2.3▲ 9.5%2.4▲ 4.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2024 Net result +123% on 2023. Cause not known from the registers.
- 2023 Net result -65% on 2022. Cause not known from the registers.
- 2022 Equity +63% on 2021. Cause not known from the registers.
- 2021 Net result +246%, Equity +196% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 28% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets
€669,587 ▲ 6.1%
Current assets
€726,348 ▼ 7.2%
Equity and liabilities €1.4m
Equity
€612,732 ▼ 2.3%
Debt
€783,203 ▼ 0.5%
Debt's share of the balance-sheet total rises from 55.7% to 56.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€470,663▼
2024 · €552,687
Cash flow
€381,939▼
2024 · €430,782
Current ratio
3.08▼
2024 · 3.61
Quick ratio
2.96▼
2024 · 3.44
Debt to equity
1.28▲
2024 · 1.26
ROE
35.2%▼
2024 · 47.7%
ROA
15.5%▼
2024 · 21.1%
Interest coverage
24.79▼
2024 · 30.89
Debt ≤ 1 year
€235,714▲
2024 · €216,907
Debt > 1 year
€547,489▼
2024 · €570,067
Income taxes
€72,465▼
2024 · €106,941
Staff costs
€185,301▼
2024 · €191,959
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 31,324 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €278,639 | €224,510 | €47,334 | €2,768 | €11,028 | ▲ 298% |
| Remuneration, social security and pensions62 | €139,647 | €157,362 | €151,277 | €191,959 | €185,301 | ▼ 3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €97,817 | €95,110 | €123,098 | €131,891 | €166,226 | ▲ 26.0% |
| Other operating charges640/8 | €24,684 | €11,311 | €9,139 | €9,912 | €17,350 | ▲ 75.0% |
| Gross operating margin9900 | €700,880 | €801,246 | €478,701 | €754,558 | €673,315 | ▼ 10.8% |
| Operating profit (loss)9901 | €438,732 | €537,464 | €195,188 | €420,796 | €304,437 | ▼ 27.7% |
| Financial income75/76B | €421 | €602 | €1,595 | €2,928 | €2,725 | ▼ 6.9% |
| Recurring financial income75 | €421 | €602 | €1,595 | €2,928 | €2,725 | ▼ 6.9% |
| Financial charges65/66B | €17,640 | €15,100 | €18,373 | €17,893 | €18,984 | ▲ 6.1% |
| Recurring financial charges65 | €17,640 | €15,100 | €18,373 | €17,893 | €18,984 | ▲ 6.1% |
| Profit (loss) for the period before taxes9903 | €421,513 | €522,966 | €178,410 | €405,831 | €288,178 | ▼ 29.0% |
| Income taxes67/77 | €114,409 | €136,694 | €44,272 | €106,941 | €72,465 | ▼ 32.2% |
| Profit (loss) for the period9904 | €307,104 | €386,272 | €134,138 | €298,891 | €215,713 | ▼ 27.8% |
| Profit (loss) for the period to be appropriated9905 | €307,104 | €386,272 | €134,138 | €298,891 | €215,713 | ▼ 27.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.6m | €1.7m | €1.3m | €1.4m | €1.4m | ▼ 1.3% |
| Fixed assets21/28 | €1.0m | €918,147 | €699,911 | €631,105 | €669,587 | ▲ 6.1% |
| Tangible fixed assets22/27 | €1.0m | €918,147 | €699,911 | €631,105 | €669,587 | ▲ 6.1% |
| Land and buildings22 | €1.0m | €845,035 | €526,056 | €454,683 | €397,604 | ▼ 12.6% |
| Plant, machinery and equipment23 | €24,384 | €35,534 | €36,194 | €28,459 | €30,658 | ▲ 7.7% |
| Furniture and vehicles24 | - | €37,578 | €137,661 | €147,963 | €241,324 | ▲ 63.1% |
| Current assets29/58 | €515,775 | €821,417 | €639,078 | €782,888 | €726,348 | ▼ 7.2% |
| Stocks and contracts in progress3 | €11,491 | €21,150 | €21,370 | €35,873 | €27,459 | ▼ 23.5% |
| Stocks30/36 | €11,491 | €21,150 | €21,370 | €35,873 | €27,459 | ▼ 23.5% |
| Amounts receivable within one year40/41 | €275,037 | €190,380 | €157,838 | €227,993 | €286,639 | ▲ 25.7% |
| Trade receivables40 | €142,356 | €147,585 | €121,700 | €176,772 | €210,575 | ▲ 19.1% |
| Other amounts receivable41 | €132,681 | €42,795 | €36,138 | €51,221 | €76,064 | ▲ 48.5% |
| Cash at bank and in hand54/58 | €207,961 | €588,837 | €436,058 | €490,434 | €381,036 | ▼ 22.3% |
| Deferred charges and accrued income490/1 | €21,285 | €21,050 | €23,812 | €28,588 | €31,214 | ▲ 9.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.6m | €1.7m | €1.3m | €1.4m | €1.4m | ▼ 1.3% |
| Equity10/15 | €327,718 | €533,990 | €508,128 | €627,019 | €612,732 | ▼ 2.3% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €309,126 | €515,398 | €489,536 | €608,427 | €594,140 | ▼ 2.3% |
| Non-distributable reserves130/1 | €1,859 | €1,859 | - | - | - | - |
| Reserves not available under the articles1311 | €1,859 | €1,859 | - | - | - | - |
| Distributable reserves133 | €307,267 | €513,539 | €489,536 | €608,427 | €594,140 | ▼ 2.3% |
| Amounts payable17/49 | €1.2m | €1.2m | €830,860 | €786,974 | €783,203 | ▼ 0.5% |
| Amounts payable after more than one year17 | €1.0m | €937,315 | €638,378 | €570,067 | €547,489 | ▼ 4.0% |
| Financial debts170/4 | €1.0m | €937,315 | €638,378 | €570,067 | €547,489 | ▼ 4.0% |
| Amounts payable within one year42/48 | €224,217 | €268,259 | €192,482 | €216,907 | €235,714 | ▲ 8.7% |
| Current portion of amounts payable after more than one year42 | €96,453 | €106,053 | €100,721 | €113,146 | €143,335 | ▲ 26.7% |
| Financial debts43 | €2,510 | - | - | - | - | - |
| Credit institutions430/8 | €2,510 | - | - | - | - | - |
| Trade debts44 | €44,755 | €107,564 | €73,237 | €64,204 | €63,922 | ▼ 0.4% |
| Suppliers440/4 | €44,755 | €107,564 | €73,237 | €64,204 | €63,922 | ▼ 0.4% |
| Taxes, remuneration and social security45 | €80,498 | €54,642 | €18,524 | €39,557 | €28,457 | ▼ 28.1% |
| Taxes450/3 | €61,963 | €36,694 | €1,922 | €18,771 | €6,897 | ▼ 63.3% |
| Remuneration and social security454/9 | €18,536 | €17,948 | €16,602 | €20,785 | €21,560 | ▲ 3.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €307,104 | €386,272 | €134,138 | €298,891 | €215,713 | ▼ 27.8% |
| + Depreciation and write-downs630 | €97,817 | €95,110 | €123,098 | €131,891 | €166,226 | ▲ 26.0% |
| Operating cash flow (approximation) | €404,921 | €481,382 | €257,235 | €430,782 | €381,939 | ▼ 11.3% |
| Investment in fixed assets (approximation) | - | €27,850 | €95,139 | -€63,085 | -€204,708 | ▼ 224% |
| Change in cash | - | €380,875 | -€152,779 | €54,376 | -€109,398 | ▼ 301% |
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
13-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
16-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
24-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €386,272 ▲25.8%
Operating result €537,464, net result €386,272, both a record.
31-12
Financial
Equity above €500,000Eq €533,990 ▲62.9%
5 profitable years in a row build equity to €533,990.
17-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €200,000Eq €327,718 ▲196%
4 profitable years in a row build equity to €327,718.
19-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €88,874 ▼29.4%
Net result drops to €88,874, the lowest in the series; recovery starts the following year.
25-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €200,000Eq €241,740 ▲109%
2 profitable years in a row build equity to €241,740.
Show earlier events
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
6 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, Tongeren-Borgloon · 1 establishment unit since 2013
Ground area
1,963 m²
Building footprint
700 m²
Volume, LiDAR
3,749 m³
Parcel 73083D0355/00L000, Flanders · tallest building 10.3 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
UITVAARTZORG DRIESEN
since 20132.224.170.309
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73083D0355/00L000 | Flanders | 1,963 m² | 1 · 700 m² | 10.3 m · 1 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.
Structure & network
Owners and holdings
1 ownerChain of control
- SINNAEVE & VENNOTEN
- DRIESEN
Highest known parent: SINNAEVE & VENNOTEN. The sources do not say who stands above it.
Owners 1
- SINNAEVE & VENNOTENparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
ALTRA LINIA
BE 0822.349.964
Maldegem · Eq €614,073
UITVAARTBEGELEIDING STEFAAN
BE 0881.987.742
Brakel · Eq €609,043
POMPES FUNEBRES SEILLIER
BE 0430.396.918
Ciney · Eq €617,798
DEN TANDT
BE 0480.148.614
Herzele · Eq €620,701
ROUWCENTRUM HESSEL
BE 0820.925.549
Ieper · Eq €603,349
Of 903 companies in sector 96301 we hold annual accounts for 612. 494 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-01-1988
Fiscal year end31-12
Activities, NACEBEL 2025
96301Funeral services
47761Retail sale of flowers, plants, seeds and fertilisers
E-invoicing
Reachable via Peppol
Peppol ID
0208:0432992261
Also
9925:BE0432992261
Registered
30-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.