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 €1.5m and a net result of €88,323. Equity is growing by ~22.2% per year across the filed fiscal years. Its solvency ranks better than 51% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability72▲+6
Solvency70▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100,000 at 30 days acceptable
Liquidity ample (current ratio 1.56 against 1.46 in 2024; short-term debt: 45.9% and cash: 11% of total assets), but 55.1% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
44.9%
Return on assets
2.7%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 08-01-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
42 d early
2023
41 d early
2022
39 d early
2021
41 d early
2020
39 d early
2019
38 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close26-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€1.5m▲ 6.3%
2024 · €1.4m
Total assets
€3.3m▲ 8.1%
2024 · €3.0m
Net result
€88,323▼ 14.3%
2024 · €103,058
Working capital
€847,919▲ 29.0%
2024 · €657,157
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€299,976▲ 44.1%€301,084▲ 0.4%€515,654▲ 71.3%€196,627▼ 61.9%€164,012▼ 16.6%
Net result€205,041▲ 44.3%€203,544▼ 0.7%€369,857▲ 81.7%€103,058▼ 72.1%€88,323▼ 14.3%
Equity€714,779▲ 40.2%€918,323▲ 28.5%€1.3m▲ 40.3%€1.4m▲ 8.0%€1.5m▲ 6.3%
Total assets€2.7m▲ 11.5%€3.0m▲ 10.5%€3.3m▲ 11.1%€3.0m▼ 8.1%€3.3m▲ 8.1%
Debt€2.0m▲ 3.9%€2.1m▲ 4.0%€2.0m▼ 1.9%€1.7m▼ 18.4%€1.8m▲ 9.6%
Working capital€190,268▲ 457%€350,331▲ 84.1%€567,813▲ 62.1%€657,157▲ 15.7%€847,919▲ 29.0%
Staff (FTE)10.9▲ 10.1%11▲ 0.9%11.5▲ 4.5%12.1▲ 5.2%12.8▲ 5.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 17% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.3m
Fixed assets
€935,004 ▼ 1.3%
Current assets
€2.4m ▲ 12.3%
Equity and liabilities €3.3m
Equity
€1.5m ▲ 6.3%
Debt
€1.8m ▲ 9.6%
Debt's share of the balance-sheet total rises from 54.4% to 55.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€299,776▼
2024 · €326,779
Cash flow
€224,087▼
2024 · €233,210
Current ratio
1.56▲
2024 · 1.46
Quick ratio
1.05▲
2024 · 0.91
Debt to equity
1.23▲
2024 · 1.19
ROE
6.0%▼
2024 · 7.4%
ROA
2.7%▼
2024 · 3.4%
Interest coverage
6.15▲
2024 · 5.12
Debt ≤ 1 year
€1.5m▲
2024 · €1.4m
Debt > 1 year
€303,363▲
2024 · €212,926
Income taxes
€38,262▲
2024 · €35,418
Staff costs
€836,948▲
2024 · €749,615
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €679,446 | €695,198 | €749,615 | €836,948 | ▲ 11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €127,983 | €57,481 | €88,752 | €130,152 | €135,764 | ▲ 4.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €259 | €30,698 | €9,836 | - | - |
| Other operating charges640/8 | - | €67,365 | €27,895 | €36,192 | €99,398 | ▲ 175% |
| Gross operating margin9900 | €1.1m | €1.1m | €1.4m | €1.1m | €1.2m | ▲ 10.1% |
| Operating profit (loss)9901 | €299,976 | €301,084 | €515,654 | €196,627 | €164,012 | ▼ 16.6% |
| Financial income75/76B | - | €5,101 | €9,006 | €5,721 | €11,340 | ▲ 98.2% |
| Recurring financial income75 | €1,746 | €5,101 | €9,006 | €5,721 | €11,340 | ▲ 98.2% |
| Financial charges65/66B | - | €27,395 | €28,070 | €63,872 | €48,766 | ▼ 23.7% |
| Recurring financial charges65 | €30,428 | €27,395 | €28,070 | €63,872 | €48,766 | ▼ 23.7% |
| Profit (loss) for the period before taxes9903 | €271,294 | €278,790 | €496,589 | €138,475 | €126,585 | ▼ 8.6% |
| Income taxes67/77 | €66,253 | €75,246 | €126,733 | €35,418 | €38,262 | ▲ 8.0% |
| Profit (loss) for the period9904 | €205,041 | €203,544 | €369,857 | €103,058 | €88,323 | ▼ 14.3% |
| Profit (loss) for the period to be appropriated9905 | €252,907 | €203,544 | €369,857 | €103,058 | €88,323 | ▼ 14.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.7m | €3.0m | €3.3m | €3.0m | €3.3m | ▲ 8.1% |
| Fixed assets21/28 | €743,482 | €726,605 | €986,697 | €947,175 | €935,004 | ▼ 1.3% |
| Intangible fixed assets21 | - | - | - | - | €13,966 | - |
| Tangible fixed assets22/27 | €743,331 | €726,454 | €986,546 | €947,024 | €920,862 | ▼ 2.8% |
| Land and buildings22 | - | €603,516 | €595,451 | €604,158 | €594,258 | ▼ 1.6% |
| Plant, machinery and equipment23 | - | €24,754 | €47,821 | €37,069 | €109,851 | ▲ 196% |
| Furniture and vehicles24 | - | €10,784 | €273,141 | €265,947 | €187,963 | ▼ 29.3% |
| Leasing and similar rights25 | - | €84,205 | €56,365 | €28,526 | €686 | ▼ 97.6% |
| Other tangible fixed assets26 | - | €3,195 | €13,767 | €11,324 | €28,103 | ▲ 148% |
| Financial fixed assets28 | €151 | €151 | €151 | €151 | €176 | ▲ 16.8% |
| Current assets29/58 | €2.0m | €2.3m | €2.3m | €2.1m | €2.4m | ▲ 12.3% |
| Stocks and contracts in progress3 | €681,317 | €757,482 | €809,308 | €792,305 | €771,185 | ▼ 2.7% |
| Stocks30/36 | - | €757,482 | €809,308 | €792,305 | €771,185 | ▼ 2.7% |
| Amounts receivable within one year40/41 | €834,746 | €989,890 | €935,561 | €860,176 | €1.1m | ▲ 24.7% |
| Trade receivables40 | - | €931,344 | €872,988 | €789,022 | €986,319 | ▲ 25.0% |
| Other amounts receivable41 | - | €58,546 | €62,573 | €71,153 | €86,202 | ▲ 21.1% |
| Current investments50/53 | €930 | €930 | €930 | €934 | €938 | ▲ 0.4% |
| Cash at bank and in hand54/58 | €408,083 | €473,800 | €542,354 | €406,880 | €361,701 | ▼ 11.1% |
| Deferred charges and accrued income490/1 | - | €38,282 | €43,260 | €40,565 | €153,365 | ▲ 278% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.7m | €3.0m | €3.3m | €3.0m | €3.3m | ▲ 8.1% |
| Equity10/15 | €714,779 | €918,323 | €1.3m | €1.4m | €1.5m | ▲ 6.3% |
| Contributions10/11 | - | €18,592 | €18,592 | €20,451 | €20,451 | = |
| Reserves13 | €443,280 | €696,187 | €899,731 | €1.3m | €1.5m | ▲ 15.1% |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | - | - | - |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | - | - | - |
| Distributable reserves133 | - | €694,327 | €897,871 | €1.3m | €1.5m | ▲ 15.1% |
| Profit (loss) carried forward14 | €252,907 | €203,544 | €369,857 | €103,058 | - | - |
| Amounts payable17/49 | €2.0m | €2.1m | €2.0m | €1.7m | €1.8m | ▲ 9.6% |
| Amounts payable after more than one year17 | €218,971 | €158,363 | €266,001 | €212,926 | €303,363 | ▲ 42.5% |
| Financial debts170/4 | - | €158,363 | €266,001 | €212,926 | €303,363 | ▲ 42.5% |
| Amounts payable within one year42/48 | €1.8m | €1.9m | €1.8m | €1.4m | €1.5m | ▲ 4.7% |
| Current portion of amounts payable after more than one year42 | - | €122,990 | €128,852 | €123,065 | €146,494 | ▲ 19.0% |
| Financial debts43 | - | €730,000 | €720,000 | €584,747 | €650,000 | ▲ 11.2% |
| Credit institutions430/8 | - | €730,000 | €720,000 | €584,747 | €650,000 | ▲ 11.2% |
| Trade debts44 | €733,349 | €892,187 | €726,626 | €651,700 | €634,336 | ▼ 2.7% |
| Suppliers440/4 | - | €892,187 | €726,626 | €651,700 | €634,336 | ▼ 2.7% |
| Taxes, remuneration and social security45 | - | €117,793 | €162,263 | €84,191 | €80,961 | ▼ 3.8% |
| Taxes450/3 | - | €70,888 | €115,458 | €36,340 | €25,136 | ▼ 30.8% |
| Remuneration and social security454/9 | - | €46,905 | €46,806 | €47,851 | €55,825 | ▲ 16.7% |
| Other amounts payable47/48 | - | €47,083 | €25,858 | - | - | - |
| Accrued charges and deferred income492/3 | - | €250 | €330 | €170 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €205,041 | €203,544 | €369,857 | €103,058 | €88,323 | ▼ 14.3% |
| + Depreciation and write-downs630 | €127,983 | €57,481 | €88,752 | €130,152 | €135,764 | ▲ 4.3% |
| Operating cash flow (approximation) | €333,023 | €261,025 | €458,609 | €233,210 | €224,087 | ▼ 3.9% |
| Investment in fixed assets (approximation) | - | -€40,604 | -€348,844 | -€90,630 | -€123,593 | ▼ 36.4% |
| Change in cash | - | €65,717 | €68,554 | -€135,474 | -€45,178 | ▲ 66.7% |
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
08-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
20-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
21-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-06
Financial
Highest result since 2019net €369,857 ▲81.7%
Operating result €515,654, net result €369,857, both a record.
30-06
Financial
Equity above €1mEq €1.3m ▲40.3%
5 profitable years in a row build equity to €1.3m.
2022
23-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
21-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
23-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial
Equity above €500,000Eq €509,738 ▲38.6%
2 profitable years in a row build equity to €509,738.
2019
24-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
08-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
17-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Herentals · 2 establishment units since 1988
Ground area
6,727 m²
Building footprint
1,606 m²
Volume, LiDAR
11,488 m³
2 parcels, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
DRIESEN BVBA
since 19882.037.355.039
DRIESEN
since 20072.170.173.476
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13302D0711/00C000 | Flanders | 3,673 m² | 1 · 1,468 m² | 9.1 m · 2 fl. |
| 13302D0711/00E000 | Flanders | 3,054 m² | 1 · 138 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesHerentals2.170.173.476
Herentals2.037.355.039
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BE 0871.210.547
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FUDIUM
BE 0884.767.484
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SCABEL
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SELVA
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Of 1,425 companies in sector 46389 we hold annual accounts for 854. 415 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
Founded30-03-1988
Fiscal year end30-06
Activities, NACEBEL 2025
46389Wholesale of other food products
46331Wholesale trade
52100Warehousing and storage
Scores and ratios are computed by Checked and are not a credit decision.