DRILLMAT

Active Public limited companyfounded 2015active for 11 years'tVlot 1, 2280 GrobbendonkKBO/BCE: BE 0635.534.694 subsidiary of VERBRAEKEN DRILLING INFRA

DRILLMAT

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Overview

Lifetime

10 annual accounts with figures on one time axis

Compare with

peak €327,793 (2023)

€26,706▼ 54.2%

lowest -€35,227 (2020)

€6,297▼ 64.6%

peak €212,816 (2025)

€212,816▲ 3.0%

€60,996▲ 126%

peak 0 FTE (2024)

-not published

Board3 names since 2021

2 directorsBertrand Jardinet and 1 other

Owners5 names in the annual accounts

100%VERBRAEKEN DRILLING INFRA and 1 other

Documentsfilings and deeds

01-04-202629 days before the deadline

2025abbreviated format

Gross margin from €58,328 to €26,706Result from €17,770 to €6,297Debts from €26,943 to €60,996

Key points

from the 2025 annual accounts

Equity

€212,816 ▲ 3.0%

DRILLMAT has made a profit without a break since 2023.

Turnover

≈ €150,000 estimated

The accounts state no turnover.

Liquidity

4.52 was 8.84 in 2024

Short-term debts rose from €24,169 to €59,674.

Filings

10 annual accounts 1 late

The 2020 accounts came 31 days late. The other nine were filed on time.

At the same address

7 companies

Canalco – CMI Balteau seat since 01-10-2020
Drillmat - Drilling Solutions seat since 01-04-2017
Hydroleaks establishment since 21-03-2017

Position in the sector

77.7%

Higher solvency than 85% of companies in specialised construction. Sector median 44.0% · 9,967 companies.

Checked score

Excellent

Financially stronger than 66% of micro companies in specialised construction (NACE 43)

Probability in this band: under 0.55%

Bankruptcy probability within 12 months < 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025highest value 05-2025: < 0.1%▼ -0.1 percentage points vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength

Strong

100=equity 77.7% of total assets

93-7short-term debt 21.8% · cash 72.8%

72-6return on assets 2.3%

Score breakdown

raises risk

Sector: Specialised construction activities (NACE 43)

lowers risk

Liquidity: current ratio 4.52, cash €199,448

Equity €212,816 (77.7% of total assets)

Size: total assets €273,812

Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 90% of them on solvency, 90% on liquidity, 41% on profitability and 43% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 30-09-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 10,904 companies had the same profile as DRILLMAT has now. Each dot stands for 28 companies, two years later.

95.2%

were still trading

4.0%

stopped another way

0.7%

went bankrupt

Micro
10 to 20 years old
solvency 30% or more
a profit under 5% of the balance sheet

That fits the bankruptcy probability of DRILLMAT itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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	3.0%	3.1%
10	5.6%	6.2%

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 10,904 companies, not a prediction for DRILLMAT. 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

Credit of up to €20,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 4.52 (8.84 in 2024), above the usual 1.5. Short-term debt is 21.8% and cash 72.8% of total assets. 22.3% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.

lowers riskraises riskneutral

Liquidity: current ratio 4.52, cash €199,448

NBB · annual accounts

Equity €212,816 (77.7% of total assets)

NBB · annual accounts

Sector: Specialised construction activities (NACE 43)

KBO

Size: total assets €273,812

Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.

NBB · annual accounts

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year €212,816

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 01-04-2026, 29 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

29 days early

2024

21 days early

2023

20 days early

2022

23 days early

2021

24 days early

2020

31 days late

2019

31 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 17 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 8 April (4 of the last 4 accounts filed within 30 days either side of that date).

Companies Code · seven months

Where today falls in the filing period

30-09-2026 year end09-11-2026 today30-04-2027 deadline

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Board and ownership

JUTHO BVBA

Managing director, Geert D'JOOS

Bertrand Jardinet

Director, since 31-08-2021

Moore Audit

Auditor, Bart Dauwen

VERBRAEKEN DRILLING INFRA 100%equity €44.3m (2025) · annual accounts 30-09-2025

Board & ownership

Recent changes

30-01-2026

Appointment: Moore Audit BV (statutory auditor) Permanent representative: Bart Dauwen · General meeting of 28-03-2025 · Gazette deed

10-12-2024

Permanent representatives: Johan Van Mieghem and Bart Dauwen Gazette deed

27-10-2022

1 statutory auditor appointed Permanent representatives: Johan Van Mieghem, Bart Dauwen and Geert D'Joos · Moore Audit BV (statutory auditor) · General meeting of 08-09-2022 · Gazette deed

07-06-2022

2 directors appointed JUTHO BVBA (managing director) and Bertrand Jardinet · Permanent representative: Geert D'JOOS · Director discharge: bestuurders · Board meeting of 31-08-2021 · Gazette deed

All 24 events

Comparable companies

same main activity, similar in size and age

Company
DRILLMAT Grobbendonk	€273,812	€26,706	77.7%	-
HOLVAST Asse	€339,449	€32,825	12.7%	-
ZEPRO Ixelles	€229,071	€32,835	58.7%	-
VAN FRONTBERGHE Zele	€356,049	€27,917	7.0%	-
GPB Beerse	€139,085	€20,269	91.0%	-
DE SCHUTTER BORINGEN Zandhoven	€430,879	€19,391	89.5%	-
Doru Bouw Groep Ghent	€321,686	€44,316	31.6%	-

These companies have the same main activity as DRILLMAT: specialised construction activities (NACE 43130). They are comparable in size and age: total assets between €139,000 and €431,000, founded between 2009 and 2018.

Official details

Source: KBO

Status: Active since 14-08-2015Normal situation
Activity: Specialised construction activitiesNACE 43130and 1 other
Establishment unit: 2.244.580.3942280 Grobbendonk, since 14-08-2015
Financial year end: 30 September
Peppol: Reachable

Company details

Annual accounts to 30-09-2025

: €26,706▼ 54.2%
: €6,297▼ 64.6%
: €212,816▲ 3.0%
: €273,812▲ 17.3%
Filing: Filed on 01-04-2026, 29 days before the end of the filing period

Financials

Companies linked to DRILLMAT

Parent and group

Insights on DRILLMAT

DRILLMAT files the abbreviated format. That format states no turnover. The gross margin fell from €176,709 in 2020 to €26,706 in 2025.

The balance sheet grew most from 2018 to 2019 through fixed assets, financed with long-term debt.

VERBRAEKEN DRILLING INFRA holds all the shares. In June 2022, the Official Gazette published the appointment of JUTHO BVBA as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 01-04-2026, 29 days before the deadline

€26,706

▼ 54.2%

€9,727

▼ 62.2%

€25,284

▼ 55.3%

€21,855

▼ 55.1%

77.7%

▼ 10.7 percentage points

4.52

▼ 4.32

Money flows

no detail for 2025

Balance sheet

balance sheet total €273,812 on 30-09-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

77.7%

Higher than 86% of 9,967 companies in 2025.

4.52

Higher than 85% of 9,830 companies in 2025.

2.3%

Higher than 36% of 9,899 companies in 2025.

DRILLMAT Middle half of the sector 80% of the sector Abbreviated accounts in specialised construction (NACE 43)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Balance sheet: assets
`20/58`	273,812	233,462	451,547	449,895	590,646	870,839	952,886	949,165	459,065	553,932
`21/28`	4,339	19,897	45,147	200,725	335,215	512,984	629,143	825,721	346,295	467,888
`22/27`	4,339	19,897	45,147	200,725	335,215	512,984	629,143	825,721	346,295	467,888
`23`	0	546	1,996	3,877	5,760	10,906	27,103	32,251	38,970	51,484
`24`	986	2,675	4,363	6,420	8,526	2,870	13,603	6,638	-	-
`25`	3,353	16,676	38,788	190,428	320,928	-	-	-	-	-
`29/58`	269,473	213,565	406,400	249,169	255,432	357,855	323,744	123,444	112,770	86,044
`40/41`	70,024	22,844	25,385	24,061	205,930	314,920	313,942	116,698	107,940	70,476
`40`	15,409	15,409	15,409	16,959	191,551	281,569	261,902	90,786	75,198	70,476
`41`	54,615	7,435	9,976	7,102	14,379	33,351	52,040	25,912	32,742	-
`54/58`	199,448	190,722	380,818	225,108	49,351	42,935	9,802	6,746	4,830	15,568
`490/1`	-	0	197	-	150	-	-	-	-	-
Balance sheet: equity and liabilities
`10/49`	273,812	233,462	451,547	449,895	590,646	870,839	952,886	949,165	459,065	553,932
`10/15`	212,816	206,518	188,748	155,649	186,646	165,051	200,278	186,657	128,167	88,617
`10/11`	61,500	61,500	61,500	61,500	61,500	61,500	61,500	61,500	61,500	61,500
`10`	61,500	61,500	61,500	61,500	61,500	-	-	-	-	-
`100`	61,500	61,500	61,500	61,500	61,500	61,500	61,500	61,500	61,500	61,500
`13`	151,150	144,150	127,150	93,150	6,150	6,150	6,150	6,150	3,630	1,650
`130/1`	6,150	6,150	6,150	6,150	6,150	6,150	-	-	-	-
`130`	6,150	6,150	6,150	6,150	6,150	6,150	6,150	6,150	3,630	1,650
`133`	145,000	138,000	121,000	87,000	-	-	-	-	-	-
`14`	166	868	98	999	118,996	97,401	132,628	119,007	63,037	25,467
`17/49`	60,996	26,943	262,799	294,246	404,001	705,788	752,608	762,508	330,899	465,316
`17`	1,323	2,774	7,283	126,633	249,348	405,701	444,825	560,352	175,889	291,317
`170/4`	1,323	2,774	7,283	126,633	249,348	405,701	444,825	560,352	175,889	291,317
`172`	-	-	-	-	-	-	444,825	560,352	175,889	291,317
`42/48`	59,674	24,169	252,366	164,613	154,653	300,087	307,783	202,156	155,010	173,712
`42`	1,452	7,595	115,751	152,169	153,230	155,178	112,529	159,467	115,428	114,562
`44`	56,123	10,042	3,541	12,444	1,423	139,092	190,295	15,785	18,421	16,419
`440/4`	56,123	10,042	3,541	12,444	1,423	139,092	190,295	15,785	18,421	16,419
`45`	2,099	6,532	33,073	-	-	5,818	4,958	26,904	21,161	42,731
`450/3`	2,099	6,532	33,073	-	-	5,818	4,958	26,904	21,161	42,731
`47/48`	-	0	100,000	-	-	-	-	-	-	-
`492/3`	-	0	3,150	3,000	-	-	-	-	-	287
Income statement
`70/76A`	-	-	-	-	-	-	368,002	319,404	251,382	258,245
`70`	-	-	-	-	-	-	368,002	319,404	251,382	258,245
`76A`	-	0	780	-	14,000	-	-	-	-	-
`9900`	26,706	58,328	327,793	109,021	222,712	176,709	-	-	-	-
`60/66A`	-	-	-	-	-	-	333,245	225,143	185,352	209,271
`60`	-	-	-	-	-	-	-	-	3,361	964
`600/8`	-	-	-	-	-	-	-	-	3,361	964
`61`	-	-	-	-	-	-	132,173	44,159	58,524	65,463
`630`	15,557	30,876	155,579	134,489	186,211	203,658	199,383	174,936	121,593	140,075
`640/8`	1,422	1,720	2,079	647	3,672	2,953	1,690	6,047	1,874	2,770
`9901`	9,727	25,732	170,136	-26,116	32,829	-29,902	34,757	94,261	66,030	48,974
`75/76B`	0	0	0	-	-	-	-	-	-	-
`75`	0	0	0	-	-	-	-	-	-	-
`65/66B`	1,330	1,430	3,963	4,881	11,235	4,466	16,178	8,866	5,319	8,250
`65`	1,330	1,430	3,963	4,881	11,235	4,466	16,178	8,866	5,319	8,250
`650`	-	-	-	-	-	-	15,840	8,579	4,768	7,809
`652/9`	-	-	-	-	-	-	337	288	551	441
`9903`	8,397	24,302	166,173	-30,996	21,595	-34,368	18,579	85,395	60,711	40,724
`67/77`	2,099	6,532	33,073	-	-	859	4,958	26,904	21,161	13,607
`670/3`	-	-	-	-	-	-	4,958	26,904	21,161	13,607
`9904`	6,297	17,770	133,099	-30,996	21,595	-35,227	13,621	58,490	39,550	27,117
`9905`	6,297	17,770	133,099	-30,996	21,595	-35,227	13,621	58,490	39,550	27,117
Appropriation of the result
`9906`	7,166	17,868	134,098	87,999	118,996	97,401	132,628	121,527	65,017	27,117
`14P`	868	98	999	118,996	97,401	-	-	-	-	-
`691/2`	7,000	17,000	34,000	87,000	-	-	-	2,520	1,980	1,650
`6920`	-	-	-	-	-	-	-	2,520	1,980	1,650
`6921`	7,000	17,000	34,000	87,000	-	-	-	-	-	-
`694/7`	-	0	100,000	-	-	-	-	-	-	-
`694`	-	0	100,000	-	-	-	-	-	-	-
Social balance sheet
`9087`	-	0	-	-	-	-	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 01-04-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
30-09-2025	abbreviated format	01-04-2026	2026-00071521	PDF
30-09-2024	abbreviated format	09-04-2025	2025-00069342	PDF
30-09-2023	abbreviated format	10-04-2024	2024-00062339	PDF
30-09-2022	abbreviated format	07-04-2023	2023-00057743	PDF
31-12-2021	abbreviated format	07-07-2022	2022-20163071	PDF
31-12-2020	abbreviated format	31-08-2021	2021-66000027	PDF
31-12-2019	full format	30-06-2020	2020-22400076	PDF
31-12-2018	full format	28-06-2019	2019-24800316	PDF
31-12-2017	full format	23-07-2018	2018-36600329	PDF
31-12-2016	full format	23-06-2017	2017-20400355	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
25,284	56,609	325,714	108,373	219,040	173,756	234,140	269,198	187,623	189,049
21,855	48,646	288,678	103,493	207,805	168,431	213,004	233,427	161,143	167,192
-0	5,626	0	0	8,441	87,500	2,804	797,849	0	607,963
8,727	-190,097	155,710	175,757	6,416	33,133	3,056	1,916	-10,738	-
209,799	189,396	154,034	84,557	100,779	57,768	15,961	-78,712	-42,240	-87,668
-	-	-	-	-	-	9.4%	29.5%	26.3%	19.0%
77.7%	88.5%	41.8%	34.6%	31.6%	19.0%	21.0%	19.7%	27.9%	16.0%
4.52	8.84	1.61	1.51	1.65	1.19	1.05	0.61	0.73	0.50
0.29	0.13	1.39	1.89	2.16	4.28	3.76	4.09	2.58	5.25
3.0%	8.6%	70.5%	-19.9%	11.6%	-21.3%	6.8%	31.3%	30.9%	30.6%
2.3%	7.6%	29.5%	-6.9%	3.7%	-4.0%	1.4%	6.2%	8.6%	4.9%
19.01	39.58	82.18	22.20	19.50	-	14.78	31.38	39.35	24.21
-	-	-	-	-	-	260 days	104 days	109 days	100 days
-	-	-	-	-	-	526 days	130 days	109 days	90 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Revenue breakdown

as filed

By activity 2019

Omzet verhuring materiaal €368,002100.0%

Source: 2019 accounts, page 14, filing 2020-22400076

By geographic market 2019

Berlgië €368,002100.0%

Source: 2019 accounts, page 14, filing 2020-22400076

All years (2017 to 2019)

By activity

By activity	2017	2018	2019
Omzet verhuring materiaal	€251,382	€319,404	€368,002

By geographic market

By geographic market	2017	2018	2019
Berlgië	-	-	€368,002
België	€251,382	€319,404	-
Total	€251,382	€319,404	€368,002

Securities and guarantees

on own assets and for others

Item	30-09-2025	30-09-2024	30-09-2023	30-09-2022	2021
Debts secured on the company's own assets	-	-	-	-	€402,578
Pledge on other assets, amount secured	-	-	-	-	€402,578
Carrying value of the other pledged assets	-	-	-	-	€320,928

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired

Item	30-09-2025	30-09-2024	30-09-2023	30-09-2022	2021
Tangible fixed assets	-	€5,626	-	-	€8,441
	€15,557	€30,876	€155,579	€134,489	€186,211

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on DRILLMAT

The operating result for 2025 is 62% lower than in 2024 and the lowest since 2022. It is the second fall in a row.

Debt's share of the balance-sheet total rises from 11.5% to 22.3%. Equity and debt are higher.

Board & ownership

Board

2 directors, 1 in day-to-day management, 1 auditor, last change in January 2026

Deed of 30-01-2026Appointment: Moore Audit BV (statutory auditor)Permanent representative: Bart Dauwen · General meeting of 28-03-2025

Bertrand Jardinet

Director

since 31-08-2021 term until 26-03-2027

listed in the 2025 annual accounts, filed on 01-04-2026

JUTHO BVBA

Director and managing director, permanent representative Geert D'JOOS

director since 31-08-2021 managing director appointed by deed of 07-06-2022 term until 26-03-2027

listed in the 2025 annual accounts, filed on 01-04-2026

Moore Audit

Statutory auditor, permanent representative Bart Dauwen

current term since 28-03-2025 term until 31-03-2028

listed in the 2025 annual accounts, filed on 01-04-2026

: JUTHO BVBA

Permanent representatives 1

Geert D'JOOS

Permanent representative, for JUTHO BVBA

appointed by deed of 07-06-2022

Office holders in the KBO →

Mandates through the years

3 names, the dashed line is today

Bertrand Jardinet
Director

JUTHO BVBA
Director, Managing director

Moore Audit
Statutory auditor

LeadershipBoardRest of the termmandate already running before its first mention

Mandates as a list

Bertrand Jardinet
- Director, from 31-08-2021 to date
JUTHO BVBA
- Director, from 31-08-2021 to date
- Managing director, appointed by deed of 07-06-2022, still in office
Moore Audit
- Statutory auditor, since before 30-09-2022

See the board, name and registered office on a given date →

Control

Parent

VERBRAEKEN DRILLING INFRA

Equity €44.3m

Loss €21.6m in 2025 (profit €28.8m in 2024)

Source: own accounts 30-09-2025

100%

This company

DRILLMAT

Equity €212,816

Profit €6,297 in 2025

Further up the chainINFRA GROUP 100%Infra International 100%We Connect Infra 100%

Capital

Capital: €61,500
Shares: 100
Contribution per share: €615
Equity per share: €2,128 in 2025
Source: deed of 25-05-2022

Owners through the years

as the annual accounts name them

VERBRAEKEN DRILLING INFRA

50% until 2021

50% until 2020

consolidates until 2018

Owners as a list

VERBRAEKEN DRILLING INFRA
- 2022 to 2025: 100%
We Connect Infra
- 2022 to 2025: consolidates
Canalco
- 2015 to 2021: 50%
Jutho
- 2020: 50%
CANALFIN
- 2016 to 2018: consolidates

Source: shareholder structure in its own accounts, parent in its own accounts, lists of holdings in the owners' accounts

Articles of association

deed of 25-05-2022 (in Dutch)

Duration: Unlimited
Board rule: At least 3 directors
“Hoogstens 6 jaar, onbeperkt hernieuwbaar”
Annual meeting: Last Friday of March at 08:30

Network & group

Group

VERBRAEKEN DRILLING INFRA has 63 holdings in 5 countries (accounts to 30-09-2025), the bar shows equity in euros

ParentVERBRAEKEN DRILLING INFRA63 holdings, 5 countries accounts to 30-09-2025

Belgium 28 Year Equity Result

BE DRILLMAT 2025€212,816 result €6,297 (2025)
BE VERBRAEKEN INFRA 2025€85.7m result €27.7m (2025)
BE SOGA 2025€24.5m result €3.2m (2025)
BE LITRAN 2025€21.1m result €7.6m (2025)
BE ETWAL-PLATTEAU INFRA 2025€18.0m result €7.3m (2025)
BE CANALFIN INFRA GROUP 2025€15.0m result €160,134 (2025)
BE FLUENTIS0.5% 2025€12.9m result €2.2m (2025)
BE FODETRA-HOTTON INFRA 2025€9.4m result €3.6m (2025)
BE GRONDBALANS 2025€6.2m result €389,181 (2025)
BE GDD INFRA 2025€6.2m result €2.9m (2025)
BE MAESTRO PUMPS 2025€5.4m result €1.6m (2025)
BE DOMOTION 2025€4.8m result €1.2m (2025)
BE STROPPA 2025€2.8m result €859,177 (2025)
BE WEGRO 2025€2.2m result €333,906 (2025)
BE CONDUTERRA 2025€2.1m result €349,000 (2025)
BE VHL TECHNICS 2025€2.0m result €1.1m (2025)
BE KEEN & WISE 2025€1.5m result €357,768 (2025)
BE JOCLA 2025€1.5m result €22,750 (2025)
BE ROUSSEAUX INFRA 2025€1.3m result -€7,049 (2025)
BE SOMALOUE INFRA 2025€970,315 result €107,299 (2025)
BE DIERICKX INFRAno longer active 2026€938,400 result €9,154 (2026)
BE MVA Engineering 2025€895,206 result €216,612 (2025)
BE VAN HULLE 2025€788,351 result -€4,888 (2025)
BE Central Sign Service 2025€781,607 result €584,215 (2025)
BE PUMPS & PROJECTS 2025€693,495 result €185,754 (2025)
BE GEFOR 2025€529,533 result €68,944 (2025)
BE DRILLING SOLUTIONS 2025€480,689 result €22,118 (2025)
BE FMT-OFFICEno longer active 2026€355,512 result €4,803 (2026)

Europe 35 Year Equity Result

DE VISCO NETWORK GmbH 2025€37.9m result €875,600 (2025)
DE INGENIEURBÜRO DIPL. ING. G. JONASSONG GMBH 2025€11.6m result €5.1m (2025)
DE KATIKOM GMBH 2025€8.9m result -€2.1m (2025)
DE DEUTSCHE INFRABAU GMBH 2025€7.9m result €3.5m (2025)
DE RN ROHRLEITUNGSBAU NIEDERRHEIN GMBH 2025€7.9m result €2.2m (2025)
LU COGECAB SARL 2025€7.8m result €643,630 (2025)
DE DAHMEN ROHRLEITUNGSBAU GMBH & CO. KG 2025€7.6m result €5.87bn (2025)
DE TN TIEFBAU NIEDERRHEIN GMBH 2025€6.2m result €2.4m (2025)
DE EBG ENDLER GMBH 2025€5.8m result €226,520 (2025)
DE CEC PROJEKT GMBH 2025€4.6m result €951,259 (2025)
DE BAUUNTERNEHMEN STRACKE GMBH 2025€3.6m result €775,544 (2025)
DE TKB TIEF-UND KABELBAU GMBH 2025€3.6m result €1.3m (2025)
DE CENTRAL ROHRTECHNIK GMBH 2025€3.4m result €315,586 (2025)
DE TIEF- UND ROHRLEITUNGS BAU WEYMANN GMBH 2025€3.3m result €110,540 (2025)
DE JONASSON PROJEKTE GMBH 2025€3.1m result €1.1m (2025)
DE GN GERÄTESERVICE NIEDERRHEIN GMBH 2025€1.5m result -€165,995 (2025)
DE E-PROOF GMBH 2025€1.4m result -€98,720 (2025)
DE G & K GLASFASERTECHNIK GMBH 2025€1.3m result €604,413 (2025)
DE ABENDROTH GMBH 2025€1.3m result €595,046 (2025)
DE CEC INGENIEURE GMBH 2025€1.2m result €41,896 (2025)
DE EN ENGINEERING GMBH 2025€712,098 result €102,363 (2025)
DE FMS FERNWÄRME MONTAGE SERVICE GMBH 2025€479,602 result -€31,962 (2025)
DE NWM NETZBAU GMBH & CO. KG 2025€232,262 result €32,262 (2025)
DE LG COMMUNICATION GMBH & CO. KG 2025€97,607 result -€267,390 (2025)
DE NWM NETZBAU VERWALTUNG GmbH 2025€56,769 result €3,023 (2025)
DE DAHMEN VERWALTUNGS GMBH 2025€54,863 result €3,065 (2025)
DE LG COMMUNICATION VERWALTUNGS GMBH 2025€29,138 result €2,282 (2025)
DE GERMAN-FIBER-SOLUTION-VERWALTUNGS GMBH 2025€25,283 result €3,148 (2025)
DE GERMAN-FIBER-SERVICE MBH & CO. KG 2025€20,323 result €3,106 (2025)
DE INGENIEURBÜRO PROFESSOR WEGENER GMBH80% 2025€16,427 result -€1,932 (2025)
DE FIBRA BETEILIGUNGS GMBH 2025€13,529 result -€15,721 (2025)
DE GRAF HANDEL UND BETEILIGUNGEN 2025€372 result -€23,758 (2025)
DE GERMAN-FIBER-SOLUTION GMBH & CO. KG 2025-€750,000 result €701,302 (2025)
BG FIBRA ENGINEERING LTD 2025BGN 2.5m result BGN 2.3m (2025)
CH INNOV INVEST SARL 2025CHF 168,921 result -CHF 5,245 (2025)

Source: list of holdings in the 30-09-2025 accounts of VERBRAEKEN DRILLING INFRA. Holdings that file themselves stand with their latest accounts, the others with the amounts of that list, in their own currency.

Part of the group We Connect Infra Group, risk and exposure

At the same address

'tVlot 1, 2280 Grobbendonk · 7 other companies

Canalco registered office since 25-07-1997 · founded in 1969 · group We Connect Infra	99 FTE (2025) 0406.867.983
DRILLING SOLUTIONS registered office since 14-08-2015 · founded in 2015 · group We Connect Infra	1.3 FTE (2025) 0635.534.397
Hydroleaks establishment since 21-03-2017 · founded in 2017 · negative equity (2025)	turnover €8,679 (2025) 0672.889.196
Canalco – CMI Balteau registered office since 01-10-2020	founded in 2020 0755.829.938
Drillmat - Drilling Solutions registered office since 01-04-2017	founded in 2017 0673.894.236
CANALCO-NIJKAMP registered office since 14-04-2016	founded in 2016 0652.974.504
THV CANALCO-NIJKAMP registered office since 14-04-2016	founded in 2016 0654.797.015

Connections & network

2 current directors

Depth

The network starts from the directors of DRILLMAT. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet

Timeline

24 events since 2015

Board

Filings

Financial

Establishments

201620182020202220242026

Deadline for the 2026 accounts: 30-04-2027

2026

01-04-2026

Annual accounts 2025 filed PDFabbreviated format · 29 days before the deadline

30-01-2026

Appointment: Moore Audit BV (statutory auditor)Permanent representative: Bart Dauwen · General meeting of 28-03-20253 points ▸

General meeting, 28-03-2025
Auditor appointment, Moore Audit BV (statutory auditor)
Permanent representative, Bart Dauwen

Open the deed in the Belgian Official Gazette

2025

09-04-2025

Annual accounts 2024 filed PDFabbreviated format · 21 days before the deadline

2024

10-12-2024

Permanent representatives: Johan Van Mieghem and Bart Dauwen2 points ▸

Permanent representative, Johan Van Mieghem
Permanent representative, Bart Dauwen
The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

30-09-2024

Liquidity more than 5 times current ratio 8.84 The current ratio rises from 1.61 to 8.84. Short-term debt falls from €252,366 to €24,169.

10-04-2024

Annual accounts 2023 filed PDFabbreviated format · 20 days before the deadline

2023

30-09-2023

Back to profit net €133,099 The net result is €133,099, after one loss-making year.

07-04-2023

Annual accounts 2022 filed PDFabbreviated format · 23 days before the deadline

2022

27-10-2022

1 statutory auditor appointedPermanent representatives: Johan Van Mieghem, Bart Dauwen and Geert D'Joos · Moore Audit BV (statutory auditor) · General meeting of 08-09-20225 points ▸

General meeting, 08-09-2022
Permanent representative, Johan Van Mieghem
Permanent representative, Bart Dauwen
Permanent representative, Geert D'Joos
Auditor appointment, Moore Audit BV (statutory auditor)

Open the deed in the Belgian Official Gazette

07-07-2022

Annual accounts 2021 filed PDFabbreviated format · 24 days before the deadline

07-06-2022

2 directors appointedJUTHO BVBA (managing director) and Bertrand Jardinet · Permanent representative: Geert D'JOOS · Director discharge: bestuurders · Board meeting of 31-08-20217 points ▸

General meeting, 17-06-2021
Director appointment, JUTHO BVBA
Permanent representative, Geert D'JOOS
Director appointment, Bertrand Jardinet
Board meeting, 31-08-2021
Director appointment, JUTHO BVBA (managing director)
Director discharge, bestuurders

Open the deed in the Belgian Official Gazette

25-05-2022

Amendment of the articles · Resignations & appointments1 point ▸

Capital, €61,500, 100 shares
The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

2021

31-12-2021

Back to profit net €21,595 The net result is €21,595, after one loss-making year.

31-08-2021

Annual accounts 2020 filed PDFabbreviated format · 31 days late

2020

31-12-2020

Weakest financial year net -€35,227 The net result drops to -€35,227, the lowest from 2016 to 2025. It recovers the following year.

30-06-2020

Annual accounts 2019 filed PDFfull format · 31 days before the deadline

2019

31-12-2019

Equity above €200,000 equity €200,278 ▲7.3% With a profit in every financial year since 2016, equity grows to €200,278.

28-06-2019

Annual accounts 2018 filed PDFfull format · 33 days before the deadline

2018

31-12-2018

Equity above €150,000 equity €186,657 ▲45.6% With a profit in every financial year since 2016, equity grows to €186,657.

23-07-2018

Annual accounts 2017 filed PDFfull format · 8 days before the deadline

2017

31-12-2017

Equity above €100,000 equity €128,167 ▲44.6% With a profit in every financial year since 2016, equity grows to €128,167.

23-06-2017

Annual accounts 2016 filed PDFfull format · 38 days before the deadline

2015

14-08-2015

Incorporation PDFpublished on 18-08-2015

14-08-2015

First establishment 'tVlot 1, Grobbendonk

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

DRILLMAT was incorporated on 14 August 2015.¹ Total assets fell from €949,165 in 2018 to €273,812 in 2025.²

Company details

Identity

Enterprise number: 0635.534.694
VAT number: BE 0635.534.694
Peppol ID: 0208:0635534694
Other Peppol ID: 9925:BE0635534694
Legal form: Public limited company
Status: Active, normal situation
Founded: 14-08-2015
Financial year: ends on 30 September
Annual meeting: Last Friday of March at 08:30
deed of 25-05-2022 (in Dutch)
Peppol: Reachable via PeppolFollow this company and you will hear the next morning if it leaves the Peppol register.
Name: DRILLMAT in Dutch
Entity type: Legal entity
Duration: Unlimited
deed of 25-05-2022 (in Dutch)
Registered office clause: “Vlaams Gewest”
deed of 25-05-2022 (in Dutch)

Activities

NACEBEL 2025

43130 Specialised construction activities main activity

77320 Rental and leasing activities

Codes under NACEBEL 2008

43130 Specialised construction activities main activity

77320 Rental and leasing activities

Purpose: “Voor eigen rekening; In commissie; Als tussenpersoon; Als vertegenwoordiger; Adviesbureau op het gebied van bedrijfsvoering en beheer…”
22 activities
Voor eigen rekening
In commissie
Als tussenpersoon
Als vertegenwoordiger
Adviesbureau op het gebied van bedrijfsvoering en beheer waaronder onder meer maar niet uitsluitend het verlenen van advies en praktische hulp aan bedrijven in verband met public relations en communicatie,het verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op gebied van onder meer planning,organisatie,efficiëntie en toezicht,het verschaffen van informatie aan de bedrijfsleiding,het berekenen van de kosten en baten van de voorgestelde maatregelen op het gebied van planning,organisatie en efficiëntie,het verlenen van adviezen op het gebied van beheer in het algemeen;
Managementactiviteiten in het algemeen waaronder onder meer het tussenkomen in het dagelijks bestuur en het vertegenwoordigen van bedrijven door onder meer het uitoefenen van mandaten van bestuurder,zaakvoerder,directeur of vereffenaar;
Studie-,organisatie en raadgevend bureau inzake financiële,handels-,bedrijfseconomische of sociale aangelegenheden met inbegrip van alle handelingen die verband houden met advies,documentatie en publicatie over juridische,sociale,economische en financiële problemen;
Het begeleiden van bedrijven op het gebied van handel,nijverheid en administratie,het verrichten van secretariaatswerkzaamheden,het domiciliëren van bedrijven,het ter beschikking stellen van kantoren,magazijnen en fabricageruimten,het verrichten van voorbereidende studies en adviezen op gebied van management,bedrijfsvoering,economische wetgeving,marketing,export en import,het drukken en uitgeven van studies,rapporten en het verlenen van hulp aan bedrijven in oprichting of bij overname van bestaande bedrijven,zenden en ontvangen van post en meer in het algemeen alles te doen wat de oprichting,de uitbating en het beheer van de bedrijven van nut kan zijn.
Het door middel van inschrijving,inbreng,fusie,samenwerking,financiële tussenkomst of anderszins verwerven van een belang of deelneming in alle bestaande of nog op te richten bedrijvigheden,vennootschappen of verenigingen in België of in het buitenland zonder onderscheid;
Het beheren,valoriseren,verkopen,te gelde maken of anderszins vervreemden van deze participaties of belangen;
Alle financiële transacties en financiële overeenkomsten,behoudens deze activiteiten die wettelijk voorbehouden zijn aan spaar- en depositobanken en aan vennootschappen voor vermogensbeheer en beleggingsadvies;
Het rechtstreeks of onrechtstreeks deelnemen aan het bestuur,de directie,de controle en vereffening van de vennootschappen waarin zij een belang of deelneming heeft en in het algemeen alle verrichtingen die rechtstreeks of onrechtstreeks,geheel of gedeeltelijk verband houden met de activiteiten van een holding.
Alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals onder meer erfpacht- en opstalrechten en de huurfinanciering van onroerende goederen aan derden,het aankopen en verkopen zowel in volle eigendom als in vruchtgebruik en/of blote eigendom,ruilen,doen bouwen,doen verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen,de aan- en verkoop,huur en verhuur van roerende goederen betreffende de inrichting en uitrusting van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen;
Alle verrichtingen met betrekking tot roerende goederen,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen;
Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren,onder om het even welke vorm;
De aan- en verkoop,in- en uitvoer,commissiehandel en vertegenwoordiging van om het even welke roerende goederen en/of zakelijke rechten,in het kort tussenpersoon in de handel;
Het ontwikkelen,kopen,verkopen,in licentie nemen,afgeven van octrooien,knowhow en aanverwante immateriële duurzame activa.
Het voeren van (gestuurde) boringen,verticale boringen,horizontale boringen en tunnelbouw,verdichten van bestaande boringen en milieuboringen;
Alle grond-,kabel- en leidingwerken waaronder onder meer het leggen van kabels en buizen voor onder meer afvoer;
Drainagewerken inclusief het aanleggen van waterputten en -reservoirs,alsook baggerwerken en het ruimen van waterlopen;
Alle graafwerken in het algemeen inclusief grondverzet;
Het (laten) vervaardigen van en de groot- en kleinhandel in boorpunten,stangen,schroefdraad,moffen,afstandhouders,kopafwerking en alle toebehoren voor alle types van boringen;tevens van alle graaf- en stutmachines.
deed of 25-05-2022 (in Dutch)

Registered office and establishments

1 establishment

Establishment	Since	Unit number
'tVlot 1 registered office 2280 Grobbendonk	14-08-2015	2.244.580.394

Buildings and parcels at the address

Ground area: 9,445 m²
Buildings: 122 m²
Volume, LiDAR: 713 m³
Tallest building: 8.1 m

Buildings to scale, each on its own parcel

registered office establishment The establishment unit on the map

8 companies at this address See who is registered here

Parcels

Cadastral parcel	Area	Buildings	Height / floors
13010B0557/00G000	9,445 m²	1 · 121 m²	8.1 m · 2

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0635.534.694

Overview

Lifetime

Key points

Equity

Turnover

Liquidity

Filings

At the same address

Position in the sector

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts to 30-09-2025

Companies linked to DRILLMAT

Parent and group

Insights on DRILLMAT

Financials

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency77.7%

Current ratio4.52

Return on assets2.3%

Filed annual accounts

Filings

Key figures and ratios

Revenue breakdown

By activity 2019

By geographic market 2019

By activity

By geographic market

Securities and guarantees

Investments

Insights on DRILLMAT

Board & ownership

Board

Mandates through the years

Control

Capital

Owners through the years

Articles of association

Network & group

Group

Belgium 28 Year Equity Result

Europe 35 Year Equity Result

At the same address

Connections & network

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Location

Parcels

Invoicing and payment

in euro

in euro

77.7%

4.52

2.3%