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DRILLTECH

Active
Private limited companyfounded 2024active for 1 yearHeyvaertstraat 22, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 1017.055.688
Summary

The computed 12-month bankruptcy probability of DRILLTECH is 1.9% (moderate). The 2025 annual accounts show equity of €11,047 and a net result of €6,047. Its solvency ranks better than 43% of 34,356 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (28 days) Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00440574.

Equity
€11,047
Total assets
€27,254
Net result
€6,047
Working capital
€2,138

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €27,254
Fixed assets €8,910
Current assets €18,345
Equity and liabilities €27,254
Equity €11,047
Debt €16,207
Debt finances 59.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€11,480
Cash flow
€8,328
Current ratio
1.13
Debt to equity
1.47
ROE
54.7%
ROA
22.2%
Interest coverage
21.21
Debt ≤ 1 year
€16,207
Income taxes
€2,612
Staff costs
€1,658

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a higher bankruptcy probability: 1.9% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 11,280 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
Filed annual accounts As filed with the NBB · 2025 · 41 lines
Balance sheet Code2025
Assets
Total assets20/58€27,254
Fixed assets21/28€8,910
Intangible fixed assets21€4,966
Tangible fixed assets22/27€3,943
Plant, machinery and equipment23€3,943
Current assets29/58€18,345
Amounts receivable within one year40/41€12,643
Trade receivables40€10,667
Other amounts receivable41€1,976
Cash at bank and in hand54/58€3,134
Deferred charges and accrued income490/1€2,568
Equity and liabilities
Total equity and liabilities10/49€27,254
Equity10/15€11,047
Contributions10/11€5,000
Reserves13€5,000
Distributable reserves133€5,000
Profit (loss) carried forward14€1,047
Amounts payable17/49€16,207
Amounts payable within one year42/48€16,207
Trade debts44€4,158
Suppliers440/4€4,158
Taxes, remuneration and social security45€4,612
Taxes450/3€2,612
Remuneration and social security454/9€2,000
Other amounts payable47/48€7,438
Income statement Code2025
Remuneration, social security and pensions62€1,658
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,280
Other operating charges640/8€866
Gross operating margin9900€14,005
Operating profit (loss)9901€9,200
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€541
Recurring financial charges65€541
Profit (loss) for the period before taxes9903€8,659
Income taxes67/77€2,612
Profit (loss) for the period9904€6,047
Profit (loss) for the period to be appropriated9905€6,047
Appropriation of the result
Profit (loss) to be appropriated9906€6,047
Transfer to equity691/2€5,000
To other reserves6921€5,000

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€1,658
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,280
Other operating charges640/8€866
Gross operating margin9900€14,005
Operating profit (loss)9901€9,200
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€541
Recurring financial charges65€541
Profit (loss) for the period before taxes9903€8,659
Income taxes67/77€2,612
Profit (loss) for the period9904€6,047
Profit (loss) for the period to be appropriated9905€6,047
Line2025
Assets
Total assets20/58€27,254
Fixed assets21/28€8,910
Intangible fixed assets21€4,966
Tangible fixed assets22/27€3,943
Plant, machinery and equipment23€3,943
Current assets29/58€18,345
Amounts receivable within one year40/41€12,643
Trade receivables40€10,667
Other amounts receivable41€1,976
Cash at bank and in hand54/58€3,134
Deferred charges and accrued income490/1€2,568
Equity and liabilities
Total equity and liabilities10/49€27,254
Equity10/15€11,047
Contributions10/11€5,000
Reserves13€5,000
Distributable reserves133€5,000
Profit (loss) carried forward14€1,047
Amounts payable17/49€16,207
Amounts payable within one year42/48€16,207
Trade debts44€4,158
Suppliers440/4€4,158
Taxes, remuneration and social security45€4,612
Taxes450/3€2,612
Remuneration and social security454/9€2,000
Other amounts payable47/48€7,438
Line2025
Profit (loss) for the period9904€6,047
+ Depreciation and write-downs630€2,280
Operating cash flow (approximation)€8,328

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 28-08-2026 2026-00440574

Similar companies · same sector, comparable size

Of the 8,329 active companies whose main activity is site preparation (NACE 43120), figures are known for 3,276. 1,599 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.