DRINK - O - MAT
ActiveSummary
DRINK - O - MAT has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €12,956. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 41% of 10645 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability36▼-1
Solvency54=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55,000 at 30 days acceptable
Liquidity short (current ratio 0.92 against 1.07 in 2024; short-term debt: 60.4% and cash: 5.8% of total assets), and 70.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
29.1%
Return on assets
0.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
70 d early
2023
30 d late
2022
25 d late
2021
3 d early
2020
18 d early
2019
88 d late
← 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 3 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 28 July (4 of the last 5 filed years within 34 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#8 employer in Harelbeke, Wholesale and retail trade sector
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€1.1m▲ 1.2%
2024 · €1.1m
Total assets
€3.7m▲ 1.5%
2024 · €3.6m
Net result
€12,956▼ 55.2%
2024 · €28,889
Working capital
-€188,615
2024 · €148,641
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€434,898€222,421▼ 48.9%€441,885▲ 98.7%€399,541▼ 9.6%€523,506▲ 31.0%
Net result€286,234above the sector's middle half€27,853within the sector's middle half▼ 90.3%€164,352above the sector's middle half▲ 490%€28,889within the sector's middle half▼ 82.4%€12,956within the sector's middle half▼ 55.2%
Equity€844,875above the sector's middle half▲ 51.2%€872,728above the sector's middle half▲ 3.3%€1.0mabove the sector's middle half▲ 18.8%€1.1mabove the sector's middle half▲ 2.8%€1.1mabove the sector's middle half▲ 1.2%
Total assets€2.6mabove the sector's middle half▼ 10.0%€2.6mabove the sector's middle half▲ 1.3%€3.2mabove the sector's middle half▲ 23.2%€3.6mabove the sector's middle half▲ 13.6%€3.7mabove the sector's middle half▲ 1.5%
Debt€1.7m▼ 24.9%€1.7m▲ 0.3%€2.2m▲ 25.3%€2.6m▲ 18.7%€2.6m▲ 1.7%
Working capital€251,763within the sector's middle half€252,009within the sector's middle half▲ 0.1%€370,723within the sector's middle half▲ 47.1%€148,641within the sector's middle half▼ 59.9%-€188,615below the sector's middle half
Solvency32.8%within the sector's middle half▲ 13.3pp33.5%within the sector's middle half▲ 0.7pp32.3%within the sector's middle half▼ 1.2pp29.2%within the sector's middle half▼ 3.1pp29.1%within the sector's middle half▼ 0.1pp
Current ratio1.18within the sector's middle half▲ 0.271.16within the sector's middle half▼ 0.021.22within the sector's middle half▲ 0.061.07within the sector's middle half▼ 0.140.92below the sector's middle half▼ 0.16
Return on assets (ROA)11.1%within the sector's middle half▲ 25.8pp1.1%within the sector's middle half▼ 10.0pp5.1%within the sector's middle half▲ 4.0pp0.8%within the sector's middle half▼ 4.3pp0.3%within the sector's middle half▼ 0.4pp
Staff (FTE)35.3above the sector's middle half▼ 12.2%32.7above the sector's middle half▼ 7.4%35.1above the sector's middle half▲ 7.3%35.5above the sector's middle half▲ 1.1%36.4above the sector's middle half▲ 2.5%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 31% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.7m
Fixed assets
€1.7m ▲ 11.9%
Current assets
€2.1m ▼ 5.5%
Equity and liabilities €3.7m
Equity
€1.1m ▲ 1.2%
Debt
€2.6m ▲ 1.7%
Debt's share of the balance-sheet total rises from 70.8% to 70.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.0m▲
2024 · €789,409
Cash flow
€535,343▲
2024 · €418,757
Quick ratio
0.53▼
2024 · 0.70
Debt to equity
2.43▲
2024 · 2.42
ROE
1.2%▼
2024 · 2.7%
Interest coverage
2.06▼
2024 · 2.12
Debt ≤ 1 year
€2.2m▲
2024 · €2.0m
Debt > 1 year
€385,392▼
2024 · €559,227
Income taxes
€4,879▲
2024 · €4,646
Staff costs
€2.0m▲
2024 · €1.7m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,681 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
1.9%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% 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 4,681 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €0 | €5,075 | €3,998 | €1,029 | €20,411 | ▲ 1,884% |
| Remuneration, social security and pensions62 | €1.2m | €1.4m | €1.7m | €1.7m | €2.0m | ▲ 12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €555,614 | €462,865 | €408,755 | €389,868 | €522,387 | ▲ 34.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€1,897 | €765 | €3,339 | €893 | €411 | ▼ 54.0% |
| Other operating charges640/8 | €2,955 | €55,018 | €36,523 | €52,629 | €24,160 | ▼ 54.1% |
| Gross operating margin9900 | €2.2m | €2.1m | €2.6m | €2.6m | €3.0m | ▲ 17.3% |
| Operating profit (loss)9901 | €434,898 | €222,421 | €441,885 | €399,541 | €523,506 | ▲ 31.0% |
| Financial income75/76B | €2,692 | €2,687 | €1,284 | €6,453 | €2,771 | ▼ 57.1% |
| Recurring financial income75 | €2,692 | €2,687 | €1,284 | €6,453 | €2,771 | ▼ 57.1% |
| Financial charges65/66B | €148,878 | €194,789 | €269,503 | €372,459 | €508,442 | ▲ 36.5% |
| Recurring financial charges65 | €148,878 | €194,789 | €269,503 | €372,459 | €508,442 | ▲ 36.5% |
| Profit (loss) for the period before taxes9903 | €288,711 | €30,319 | €173,666 | €33,535 | €17,835 | ▼ 46.8% |
| Income taxes67/77 | €2,477 | €2,466 | €9,314 | €4,646 | €4,879 | ▲ 5.0% |
| Profit (loss) for the period9904 | €286,234 | €27,853 | €164,352 | €28,889 | €12,956 | ▼ 55.2% |
| Profit (loss) for the period to be appropriated9905 | €286,234 | €27,853 | €164,352 | €28,889 | €12,956 | ▼ 55.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.6m | €2.6m | €3.2m | €3.6m | €3.7m | ▲ 1.5% |
| Fixed assets21/28 | €914,607 | €781,892 | €1.1m | €1.5m | €1.7m | ▲ 11.9% |
| Intangible fixed assets21 | €35,283 | €18,310 | €9,307 | €2,355 | €437 | ▼ 81.4% |
| Tangible fixed assets22/27 | €869,840 | €753,111 | €1.1m | €1.5m | €1.6m | ▲ 12.1% |
| Land and buildings22 | €2,056 | €1,813 | €11,914 | €9,511 | €7,108 | ▼ 25.3% |
| Plant, machinery and equipment23 | €508,425 | €420,795 | €366,900 | €624,094 | €914,424 | ▲ 46.5% |
| Furniture and vehicles24 | €22,022 | €33,996 | €187,621 | €166,360 | €186,082 | ▲ 11.9% |
| Leasing and similar rights25 | €335,903 | €295,072 | €535,435 | €661,381 | €532,028 | ▼ 19.6% |
| Other tangible fixed assets26 | €1,434 | €1,434 | €10,104 | €10,104 | €10,104 | = |
| Financial fixed assets28 | €9,484 | €10,471 | €10,679 | €4,250 | €4,250 | = |
| Current assets29/58 | €1.7m | €1.8m | €2.1m | €2.2m | €2.1m | ▼ 5.5% |
| Stocks and contracts in progress3 | €545,688 | €538,322 | €689,603 | €751,380 | €854,321 | ▲ 13.7% |
| Stocks30/36 | €545,688 | €538,322 | €689,603 | €751,380 | €854,321 | ▲ 13.7% |
| Amounts receivable within one year40/41 | €725,062 | €995,493 | €917,056 | €1.0m | €916,600 | ▼ 10.1% |
| Trade receivables40 | €661,082 | €904,905 | €860,875 | €946,905 | €909,976 | ▼ 3.9% |
| Other amounts receivable41 | €63,980 | €90,588 | €56,181 | €73,061 | €6,625 | ▼ 90.9% |
| Cash at bank and in hand54/58 | €374,085 | €270,423 | €453,409 | €350,793 | €214,455 | ▼ 38.9% |
| Deferred charges and accrued income490/1 | €15,863 | €21,510 | €19,676 | €47,732 | €64,637 | ▲ 35.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.6m | €2.6m | €3.2m | €3.6m | €3.7m | ▲ 1.5% |
| Equity10/15 | €844,875 | €872,728 | €1.0m | €1.1m | €1.1m | ▲ 1.2% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €826,283 | €854,136 | €1.0m | €1.0m | €1.1m | ▲ 1.2% |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €1,859 | €0 | - | - |
| Reserves not available under the articles1311 | €1,859 | €1,859 | €1,859 | €0 | - | - |
| Tax-exempt reserves132 | €56,250 | €56,250 | €56,250 | €56,250 | €56,250 | = |
| Distributable reserves133 | €768,174 | €796,027 | €960,379 | €991,127 | €1.0m | ▲ 1.3% |
| Amounts payable17/49 | €1.7m | €1.7m | €2.2m | €2.6m | €2.6m | ▲ 1.7% |
| Amounts payable after more than one year17 | €319,995 | €159,673 | €429,398 | €559,227 | €385,392 | ▼ 31.1% |
| Financial debts170/4 | €319,995 | €159,673 | €429,398 | €559,227 | €385,392 | ▼ 31.1% |
| Amounts payable within one year42/48 | €1.4m | €1.6m | €1.7m | €2.0m | €2.2m | ▲ 10.8% |
| Current portion of amounts payable after more than one year42 | €405,446 | €346,820 | €459,033 | €331,428 | €342,988 | ▲ 3.5% |
| Financial debts43 | €135,929 | €121,694 | €23,300 | €230,774 | €235,755 | ▲ 2.2% |
| Credit institutions430/8 | €135,929 | €121,694 | €23,300 | €201,590 | €235,755 | ▲ 16.9% |
| Other loans439 | - | - | - | €29,183 | €0 | ▼ 100% |
| Trade debts44 | €688,680 | €861,756 | €938,035 | €1.2m | €1.3m | ▲ 13.8% |
| Suppliers440/4 | €688,680 | €861,756 | €938,035 | €1.2m | €1.3m | ▲ 13.8% |
| Advances received on contracts in progress46 | €18,836 | €18,836 | €0 | - | - | - |
| Taxes, remuneration and social security45 | €159,166 | €223,755 | €288,654 | €279,434 | €317,328 | ▲ 13.6% |
| Taxes450/3 | €24,250 | €58,628 | €68,730 | €43,721 | €65,517 | ▲ 49.9% |
| Remuneration and social security454/9 | €134,916 | €165,126 | €219,924 | €235,714 | €251,811 | ▲ 6.8% |
| Other amounts payable47/48 | €877 | €877 | €0 | - | - | - |
| Accrued charges and deferred income492/3 | €1,500 | €1,500 | €36,205 | €1,500 | €1,500 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €286,234 | €27,853 | €164,352 | €28,889 | €12,956 | ▼ 55.2% |
| + Depreciation and write-downs630 | €555,614 | €462,865 | €408,755 | €389,868 | €522,387 | ▲ 34.0% |
| Operating cash flow (approximation) | €841,848 | €490,718 | €573,107 | €418,757 | €535,343 | ▲ 27.8% |
| Investment in fixed assets (approximation) | - | -€330,150 | -€758,824 | -€735,963 | -€698,765 | ▲ 5.1% |
| Change in cash | - | -€103,662 | €182,987 | -€102,617 | -€136,337 | ▼ 32.9% |
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 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
22-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Equity above €1mEq €1.0m ▲18.8%
3 profitable years in a row build equity to €1.0m.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 25 days late
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €286,234
Net result €286,234 after 2 loss-making years.
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet -€420,339
Net result drops to -€420,339, the lowest in the series; recovery starts the following year.
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 88 days late
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Harelbeke · 2 establishment units since 1990
Ground area
3,586 m²
Building footprint
655 m²
Volume, LiDAR
3,373 m³
2 parcels, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
DRINK-O-MAT BVBA
since 19902.050.510.318
Drink-O-Mat
since 20142.237.070.814
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34323D1506/00V002 | Flanders | 2,256 m² | 1 · 601 m² | 6.2 m · 2 fl. |
| 12029A0778/00N000 | Flanders | 1,330 m² | 1 · 54 m² | 11.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Subsidies and aid
Flemish government
2023 · 1 entry · 292 EUR awarded · 292 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 292 EUR | 292 EUR |
Recognitions · licences · registrations
Food safety, FASFC
2 sitesHarelbeke2.050.510.318
Putte2.237.070.814
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Of 1,506 companies in this sector we hold annual accounts for 650. 353 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded24-10-1990
Fiscal year end31-12
Activities, NACEBEL 2025
47252Retail sale of beverages, general range
46392Non-specialised wholesale
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Reachable via Peppol
Peppol ID
0208:0441998712
Also
9925:BE0441998712
Registered
11-04-2022
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.