Equity
€117,928 from €303,900 in 2011
Equity fell by 61% in 14 years.
DRILLCO
Lifetime
20 annual accounts with figures on one time axis, 26 filings since 2000peak €538,915 (2008)
-€524▼ €8,073
lowest -€100,529 (2020)
-€22,053▲ €9,531
peak €303,900 (2011)
€117,928▼ 15.8%
€13,900▼ 78.6%
peak 1.6 FTE (2008)
-not published
Board2 names since 2021
1 director
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €7,550 to -€524Loss of €22,053Equity from €139,981 to €117,928Debts from €65,020 to €13,900Cash from €2,200 to €32,117
Key points
from the 2025 annual accountsLosses
-€53,637 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Liquidity
6.00 was 1.51 in 2024
Short-term debts fell from €65,020 to €13,900.
2025 accounts filed 31 days after the deadlineTurnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,828 companies had the same profile as DRILLCO has now. Each dot stands for 15 companies, two years later.
84.6%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,828 companies, not a prediction for DRILLCO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0471353385
Registered office moved from Booischot to Laakdal
New registered office: Meerhoutstraat 81 te 2430 Laakdal · Previous registered office: Kromhoutstraat 2 te 2221 Booischot · Appointment: (director) · General meeting of 01-09-2021 · Gazette deed
Registered office moved from Keerbergen to Booischot
New registered office: Kromhoutstraat 2 te 2221 Booischot · Previous registered office: Lozenhoekstraat 62, 3140 Keerbergen · General meeting of 01-02-2018 · Gazette deed
Registered office moved within Keerbergen
New registered office: Lozenhoekstraat 62 te 3140 Keerbergen · Previous registered office: Kapelstraat 62, 3140 Keerbergen · General meeting of 12-05-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DRILLCO Laakdal | €131,829 | -€524 | 89.5% | - |
| Colombage.be Plombières | €131,617 | -€13,790 | 27.2% | - |
| RDHemeryck Zonnebeke | €132,016 | €681 | 36.8% | 0 |
| Clerbois Menuiserie et Charpenterie Soignies | €139,467 | -€34,584 | 70.1% | - |
| EMBO CONSTRUCT Sint-Niklaas | €137,909 | -€15,819 | 93.9% | - |
| Vanantwerpen Jan Lichtervelde | €120,255 | -€11,455 | 63.0% | - |
| BUFFEL Oostkamp | €120,547 | -€6,513 | 63.9% | - |
These companies have the same main activity as DRILLCO: joinery installation (NACE 43320). They are comparable in size and age: total assets between €120,000 and €139,000, founded between 1999 and 2001.
Official details
Source: KBO- Status
- Active since 10-03-2000Normal situation
- Activity
- Joinery installationNACE 43320and 6 others
- Establishment unit
- 2.115.741.2342430 Laakdal, since 17-03-2000
- Financial year end
- 31 December
- Peppol
- Reachable since 10-12-2025
Insights on DRILLCO
DRILLCO files the micro format. That format states no turnover. The gross margin fell from €33,560 in 2006 to -€524 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DRILLCO
- What is the company number of DRILLCO?
- The company number of DRILLCO is 0471.353.385. The VAT number is the same number with BE in front: BE 0471.353.385.
- Where is DRILLCO based?
- The registered office is at Meerhoutstraat 81, 2430 Laakdal.Company details
- What does DRILLCO do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of DRILLCO?
- DRILLCO is a public limited company (NV).
- When was DRILLCO founded?
- DRILLCO was founded on 10-03-2000.
- Is DRILLCO still active?
- Yes, DRILLCO is an active enterprise in the KBO register.
- What is the turnover of DRILLCO?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is DRILLCO profitable?
- In financial year 2025, DRILLCO made a loss of €22,053.
- Where can I find the annual accounts of DRILLCO?
- DRILLCO filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DRILLCO due?
- DRILLCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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