DRIEVOET
ActiveSummary
DRIEVOET has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show negative equity (-€165,434) and a net result of -€180,910. Equity is shrinking by ~37.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 61 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability6▲+4
Solvency13▼-13
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.01 against 0.04 in 2025; short-term debt: 84.3% and cash: 0.5% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
-12.1%
Return on assets
-13.3%
Age of the figures
6 mo
raises risk · Negative equity
The 2026 annual accounts show negative equity and a net loss.
NBB · annual accounts 2026Equity per financial year
1920212223242526
2019 to 2026 · latest year -€165,434
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 24-09-2026, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
37 d early
2025
on the day
2024
37 d early
2023
35 d early
2022
5 d early
2021
9 d early
2020
62 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 26 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-03-2027 close31-10-2027 deadline
History
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Financials · fiscal year 2026, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€180,910▲ 14.8%
2025 · -€212,226
Working capital
-€1.1m▼ 10.7%
2025 · -€1.0m
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
Line20222023202420252026
Operating result-€83,549▼ 2.9%-€125,274▼ 49.9%-€119,032▲ 5.0%-€144,185▼ 21.1%-€110,388▲ 23.4%
Net result€58,481-€155,208-€170,102▼ 9.6%-€212,226▼ 24.8%-€180,910▲ 14.8%
Equity€553,012▲ 1.6%€397,805▼ 28.1%€227,702▼ 42.8%€15,476▼ 93.2%-€165,434
Total assets€1.9m▼ 47.7%€1.8m▼ 7.4%€1.6m▼ 8.1%€1.5m▼ 6.1%€1.4m▼ 11.8%
Debt€1.3m▼ 53.4%€1.4m▲ 1.3%€1.4m▲ 2.4%€1.5m▲ 8.5%€1.5m▲ 0.3%
Working capital-€682,060▲ 66.7%-€770,291▼ 12.9%-€870,653▼ 13.0%-€1.0m▼ 18.5%-€1.1m▼ 10.7%
Staff (FTE)0
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €110,388 in 2026 against €144,185 in 2025; the loss shrinks.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €1.4m
Fixed assets
€1.4m ▼ 9.7%
Current assets
€7,850 ▼ 82.0%
Key figures and ratios
EBITDA
€36,115▲
2025 · €2,318
Cash flow
-€34,407▲
2025 · -€65,723
Solvency
-12.1%▼
2025 · 1.0%
Current ratio
0.01▼
2025 · 0.04
Debt to equity
-9.15▼
2025 · 97.50
ROA
-13.3%▲
2025 · -13.7%
Interest coverage
0.47▲
2025 · 0.03
Debt ≤ 1 year
€1.2m▲
2025 · €1.1m
Debt > 1 year
€363,889▼
2025 · €433,623
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 682 companies that looked in July 2024 the way this one looks now, 6.3% went bankrupt within 24 months and 84% are still going.
- Small
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
6.3%
went bankrupt
6.2%
stopped otherwise
84%
still going
A further 3.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 682 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 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €186,149 | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €146,503 | €146,503 | €146,503 | €146,503 | €146,503 | = |
| Other operating charges640/8 | €91,674 | €6,562 | €7,746 | €7,491 | €7,696 | ▲ 2.7% |
| Gross operating margin9900 | €154,628 | €27,791 | €35,217 | €9,809 | €43,811 | ▲ 347% |
| Operating profit (loss)9901 | -€83,549 | -€125,274 | -€119,032 | -€144,185 | -€110,388 | ▲ 23.4% |
| Financial income75/76B | €1.0m | €0 | €51 | €0 | €17 | - |
| Recurring financial income75 | €52 | €0 | €51 | €0 | €17 | - |
| Non-recurring financial income76B | €999,999 | €0 | - | - | - | - |
| Financial charges65/66B | €1.0m | €36,442 | €57,630 | €74,550 | €77,048 | ▲ 3.4% |
| Recurring financial charges65 | €35,992 | €36,442 | €57,630 | €74,550 | €77,048 | ▲ 3.4% |
| Non-recurring financial charges66B | €1.0m | €0 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€119,491 | -€161,717 | -€176,611 | -€218,735 | -€187,418 | ▲ 14.3% |
| Transfer from deferred taxes780 | €240,743 | €6,509 | €6,509 | €6,509 | €6,509 | = |
| Income taxes67/77 | €62,771 | €0 | - | - | - | - |
| Profit (loss) for the period9904 | €58,481 | -€155,208 | -€170,102 | -€212,226 | -€180,910 | ▲ 14.8% |
| Profit (loss) for the period to be appropriated9905 | €58,481 | -€155,208 | -€170,102 | -€212,226 | -€180,910 | ▲ 14.8% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.9m | €1.8m | €1.6m | €1.5m | €1.4m | ▼ 11.8% |
| Fixed assets21/28 | €1.9m | €1.8m | €1.6m | €1.5m | €1.4m | ▼ 9.7% |
| Intangible fixed assets21 | €834,872 | €736,668 | €638,463 | €540,259 | €442,054 | ▼ 18.2% |
| Tangible fixed assets22/27 | €1.1m | €1.0m | €991,566 | €943,267 | €894,968 | ▼ 5.1% |
| Land and buildings22 | €1.1m | €1.0m | €991,566 | €943,267 | €894,968 | ▼ 5.1% |
| Plant, machinery and equipment23 | €0 | - | - | - | - | - |
| Financial fixed assets28 | €0 | - | - | €20,000 | €20,000 | = |
| Current assets29/58 | €12,966 | €15,345 | €17,400 | €43,590 | €7,850 | ▼ 82.0% |
| Amounts receivable within one year40/41 | €12,098 | €12,735 | €12,100 | €28,581 | €0 | ▼ 100% |
| Trade receivables40 | €461 | €12,100 | €12,100 | €0 | - | - |
| Other amounts receivable41 | €11,637 | €635 | €0 | €28,581 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €868 | €2,610 | €4,235 | €13,921 | €6,797 | ▼ 51.2% |
| Deferred charges and accrued income490/1 | €0 | - | €1,065 | €1,089 | €1,053 | ▼ 3.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.9m | €1.8m | €1.6m | €1.5m | €1.4m | ▼ 11.8% |
| Equity10/15 | €553,012 | €397,805 | €227,702 | €15,476 | -€165,434 | ▼ 1,169% |
| Contributions10/11 | €81,805 | €81,805 | €81,805 | €81,805 | €81,805 | = |
| Capital10 | €81,805 | €81,805 | €81,805 | €81,805 | €81,805 | = |
| Issued capital100 | €81,805 | €81,805 | €81,805 | €81,805 | €81,805 | = |
| Reserves13 | €471,208 | €316,000 | €145,898 | €8,180 | €8,180 | = |
| Non-distributable reserves130/1 | €8,180 | €8,180 | €8,180 | €8,180 | €8,180 | = |
| Legal reserve130 | €8,180 | €8,180 | €8,180 | €8,180 | €8,180 | = |
| Distributable reserves133 | €463,027 | €307,819 | €137,717 | €0 | - | - |
| Profit (loss) carried forward14 | €0 | €0 | - | -€74,509 | -€255,419 | ▼ 243% |
| Provisions and deferred taxes16 | €42,316 | €35,807 | €29,299 | €22,790 | €16,281 | ▼ 28.6% |
| Deferred taxes168 | €42,316 | €35,807 | €29,299 | €22,790 | €16,281 | ▼ 28.6% |
| Amounts payable17/49 | €1.3m | €1.4m | €1.4m | €1.5m | €1.5m | ▲ 0.3% |
| Amounts payable after more than one year17 | €642,589 | €570,158 | €502,375 | €433,623 | €363,889 | ▼ 16.1% |
| Financial debts170/4 | €642,589 | €570,158 | €502,375 | €433,623 | €363,889 | ▼ 16.1% |
| Amounts payable within one year42/48 | €695,026 | €785,636 | €888,053 | €1.1m | €1.2m | ▲ 7.0% |
| Current portion of amounts payable after more than one year42 | €79,707 | €66,806 | €67,783 | €68,752 | €69,734 | ▲ 1.4% |
| Financial debts43 | €0 | - | - | - | - | - |
| Credit institutions430/8 | €0 | - | - | - | - | - |
| Trade debts44 | €9,549 | €9,330 | €0 | €6,097 | €0 | ▼ 100% |
| Suppliers440/4 | €9,549 | €9,330 | €0 | €6,097 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €22,771 | €0 | €770 | €379 | €402 | ▲ 6.2% |
| Taxes450/3 | €22,771 | €0 | €770 | €379 | €402 | ▲ 6.2% |
| Other amounts payable47/48 | €583,000 | €709,500 | €819,500 | €1.0m | €1.1m | ▲ 8.0% |
| Accrued charges and deferred income492/3 | €3,058 | €2,471 | €0 | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €58,481 | -€155,208 | -€170,102 | -€212,226 | -€180,910 | ▲ 14.8% |
| + Depreciation and write-downs630 | €146,503 | €146,503 | €146,503 | €146,503 | €146,503 | = |
| Operating cash flow (approximation) | €204,984 | -€8,705 | -€23,599 | -€65,723 | -€34,407 | ▲ 47.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€20,000 | €0 | ▲ 100% |
| Change in cash | - | €1,742 | €1,625 | €9,686 | -€7,124 | ▼ 174% |
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 2027, expected by
2026
24-09
NBB filing
Annual accounts filed
fiscal year 2026 · full schema
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
26-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Back to profitnet €58,481
Net result €58,481 after 2 loss-making years.
2021
22-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Weakest financial yearnet -€1.0m
Net result drops to -€1.0m, the lowest in the series; recovery starts the following year.
2019
24-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
28-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 16 acts read
About the unread acts
We know of 16 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
16 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, Hoegaarden · 1 establishment unit since 1998
Ground area
3,059 m²
Building footprint
180 m²
Volume, LiDAR
1,290 m³
Parcel 24041B0499/00S000, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Hauthem 73, 3320 Hoegaarden
since 19982.084.673.025
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24041B0499/00S000 | Flanders | 3,059 m² | 1 · 180 m² | 10.9 m · 3 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
2 owners · 1 holdingOwners 2
- Sourceaccounts CONTWEN 202450%
-
50%
Holdings 1
-
25%
According to the annual accounts to 31-03-2026 of DRIEVOET and those 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.
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Of 9,146 companies in sector 68201 we hold annual accounts for 6,770. 1,938 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded28-01-1997
Fiscal year end31-03
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
68310Real estate agency activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0459934309
Also
9925:BE0459934309
Registered
02-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.