DRIMA GROUP

Active

Private limited company (pre-2019)founded 20188 yrs activeRue Rabelais 15, 1348 Ottignies-Louvain-la-Neuve, BelgiumKBO/BCE: BE 0696.801.181

The computed 12-month bankruptcy probability of DRIMA GROUP is 3.0% (moderate). The 2024 annual accounts show equity of €12k and a net result of €-9k. Equity is growing by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 36% of 18939 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

32 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability7▼-51

Solvency37▼-16

Growth52=

Track record100

Bankruptcy probability, 12 months

3.0% Moderate

0%0.5%1.5%4%10%≥ 25%

No publishable credit limit; credit only on tighter terms

Liquidity short (current ratio 0.37 against 0.14 in 2023; short-term debt: 87.9% and cash: 18.3% of total assets), and 87.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

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 2024

Solvency, return and age of the figures

Solvency

12.1%

Return on assets

-9.3%

Age of the figures

21 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Persistent losses

Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2024

Net result per financial year

192021222324

2019 to 2024 · latest year €-9k

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-06-2026, 319 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 6 filings

Deviation from the deadline

2025

not confirmed

2024

319 d late

2023

229 d late

2022

555 d late

2021

780 d late

2020

923 d late

2019

497 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€115k▲ 5.8%

2022 · €109k

2020: €212k 2021: €161k 2022: €109k

2020 → 2023

EBIT margin

0.9%▲ 0.9pp

2022 · 0.0%

2020: 11.5% 2021: 3.6% 2022: 0.0%

2020 → 2023

Net result

€-9k▼ 6,482%

2023 · €-141

2019: €-19k 2020: €18k 2021: €5k 2022: €-1k 2023: €-141

2019 → 2024

Working capital

€-56k▼ 15.1%

2023 · €-49k

2019: €-18k 2020: €7k 2021: €11k 2022: €-52k 2023: €-49k

2019 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€212k-€161k▼ 24.0%€109k▼ 32.1%€115k▲ 5.8%

Equity€18k-€23k▲ 27.0%€22k▼ 4.6%€21k▼ 0.7%€12k▼ 43.4%

Operating result€24k-€6k▼ 76.0%€-20€1k€-8k

Net result€18k-€5k▼ 73.7%€-1k€-141▲ 86.4%€-9k▼ 6,482%

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

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2024: a loss of €8k after €1k in 2023, the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €100k

67.8%

32.2%

Fixed assets €68k▼ 2.8%

Current assets €32k▲ 315%

Equity and liabilities €100k

12.1%

87.9%

Equity €12k▼ 43.4%

Debt €88k▲ 56.5%

The debt ratio rises from 72.5% to 87.9%. Equity is lower and debt is higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€-4k▼

2023 · €7k

Cash flow

€-6k▼

2023 · €5k

Solvency

12.1%▼

2023 · 27.5%

Current ratio

0.37▲

2023 · 0.14

Quick ratio

0.37▲

2023 · 0.14

Debt / equity

7.29▲

2023 · 2.63

ROE

-76.8%▼

2023 · -0.7%

ROA

-9.3%▼

2023 · -0.2%

Interest coverage

-2.40▼

2023 · 5.68

Debt

€88k▲

2023 · €56k

Debt ≤ 1 year

€88k▲

2023 · €56k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€78k€100k▲

Fixed assets21/28€70k€68k▼

Tangible fixed assets22/27€70k€68k▼

Land and buildings22€59k€57k▼

Plant, machinery and equipment23-€1k

Furniture and vehicles24€11k€9k▼

Financial fixed assets28€250€250=

Current assets29/58€8k€32k▲

Amounts receivable within one year40/41€7k€14k▲

Trade receivables40-€12k

Other amounts receivable41€7k€1k▼

Cash at bank and in hand54/58€811€18k▲

Equity and liabilities

Total equity and liabilities10/49€78k€100k▲

Equity10/15€21k€12k▼

Contributions10/11€19k€19k=

Reserves13€2k€2k=

Distributable reserves133€2k€2k=

Profit (loss) carried forward14€913€-8k▼

Amounts payable17/49€56k€88k▲

Amounts payable within one year42/48€56k€88k▲

Trade debts44€22k€15k▼

Suppliers440/4€22k€15k▼

Other amounts payable47/48€34k€73k▲

Income statement Code20232024

Turnover70€115k-

Goods, raw materials, services and sundry goods60/61€106k€162k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€4k▼

Other operating charges640/8€3k€6k▲

Non-recurring operating charges66A€587€1▼

Gross operating margin9900€10k€2k▼

Operating profit (loss)9901€1k€-8k▼

Financial charges65/66B€1k€2k▲

Recurring financial charges65€1k€2k▲

Profit (loss) for the period before taxes9903€-141€-9k▼

Profit (loss) for the period9904€-141€-9k▼

Profit (loss) for the period to be appropriated9905€-141€-9k▼

Appropriation of the result

Profit (loss) to be appropriated9906€913€-8k▼

Profit (loss) brought forward from the previous period14P€1k€913▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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