DRINK SYSTEMS
ActiveSummary
DRINK SYSTEMS has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €197k and a net result of €-6k. Equity is growing by ~40.6% per year across the filed fiscal years. Its solvency ranks better than 81% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability32▼-16
Solvency98▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 3.69 against 3.05 in 2024; short-term debt: 27.1% of total assets), and 27.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
89 d late
2023
261 d late
2022
2 d late
2021
2 d late
2020
17 d late
2019
50 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€197k▼ 3.0%
2024 · €203k
2018: €-38k
2019: €56k
2020: €18k
2021: €-139
2022: €115k
2023: €191k
2024: €203k
2018 → 2025
Total assets
€270k▼ 10.7%
2024 · €303k
2018: €150k
2019: €162k
2020: €133k
2021: €143k
2022: €319k
2023: €308k
2024: €303k
2018 → 2025
Net result
€-6k
2024 · €12k
2018: €-19k
2019: €94k
2020: €-37k
2021: €-19k
2022: €116k
2023: €76k
2024: €12k
2018 → 2025
Working capital
€197k▼ 3.0%
2024 · €203k
2018: €-157k
2019: €-45k
2020: €-83k
2021: €-101k
2022: €82k
2023: €191k
2024: €203k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-139-€115k€191k▲ 65.6%€203k▲ 6.4%€197k▼ 3.0%
Operating result€-12k-€141k€105k▼ 25.2%€17k▼ 83.4%€-3k
Net result€-19k-€116k€76k▼ 34.4%€12k▼ 84.0%€-6k
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 2025: a loss of €3k after €17k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €270k
Fixed assets
€74 =
Current assets
€270k ▼ 10.7%
Equity and liabilities €270k
Equity
€197k ▼ 3.0%
Debt
€73k ▼ 26.4%
Debt's share of the balance-sheet total falls from 32.8% to 27.1%. Equity and debt are lower.
Key figures and ratios
Current ratio
3.69▲
2024 · 3.05
Debt to equity
0.37▼
2024 · 0.49
ROE
-3.1%▼
2024 · 6.0%
ROA
-2.3%▼
2024 · 4.0%
Debt ≤ 1 year
€73k▼
2024 · €99k
Income taxes
€3k▼
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€303k€270k▼
Fixed assets21/28€74€74=
Financial fixed assets28€74€74=
Current assets29/58€303k€270k▼
Amounts receivable within one year40/41€274k€266k▼
Other amounts receivable41€274k€266k▼
Current investments50/53-€4k
Cash at bank and in hand54/58€29k-
Equity and liabilities
Total equity and liabilities10/49€303k€270k▼
Equity10/15€203k€197k▼
Contributions10/11€31k€31k=
Capital10€31k€31k=
Issued capital100€31k€31k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Legal reserve130€3k€3k=
Profit (loss) carried forward14€169k€163k▼
Amounts payable17/49€99k€73k▼
Amounts payable within one year42/48€99k€73k▼
Trade debts44€22k€723▼
Suppliers440/4€22k€723▼
Taxes, remuneration and social security45€32k€31k▼
Taxes450/3€32k€31k▼
Other amounts payable47/48€45k€41k▼
Income statement
Code20242025
Non-recurring operating income76A€43k-
Other operating charges640/8€519€688▲
Gross operating margin9900€18k€-2k▼
Operating profit (loss)9901€17k€-3k▼
Financial charges65/66B€881€256▼
Recurring financial charges65€881€256▼
Profit (loss) for the period before taxes9903€17k€-3k▼
Income taxes67/77€4k€3k▼
Profit (loss) for the period9904€12k€-6k▼
Profit (loss) for the period to be appropriated9905€12k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€169k€163k▼
Profit (loss) brought forward from the previous period14P€157k€169k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 89 days late
16-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 261 days late
2024
30-09
Financial
Equity above €200kEq €203k ▲6.4%
3 profitable years in a row build equity to €203k.
2023
30-09
Financial
Equity above €150kEq €191k ▲65.6%
2 profitable years in a row build equity to €191k.
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
30-09
Financial
Back to profitnet €116k
Net result €116k after 2 loss-making years.
30-09
Financial
Liquidity times 5current ratio 1.40
Current ratio from 0.29 to 1.40.
30-09
Financial
Equity above €100kEq €115k
Equity rises from €-139 to €115k.
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
17-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
30-09
Financial
Weakest financial yearnet €-37k ▼140%
Net result drops to €-37k, the lowest in the series; recovery starts the following year.
Show earlier events
11-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Back to profitnet €94k
Net result €94k after one loss-making year.
25-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 212 days late
07-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 495 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kortemark · 1 establishment unit since 1993
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Handzameplein 118610 KortemarkGround area
898 m²
Building footprint
196 m²
Volume, LiDAR
1,859 m³
Parcel 32005C0345/00C000, Flanders · tallest building 13.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Handzameplein 11, 8610 Kortemark
since 19932.170.648.578
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32005C0345/00C000 | Flanders | 898 m² | 1 · 196 m² | 13.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
LA STRADA
BE 0454.964.939
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DIMA CHASSIS
BE 0893.828.868
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Store Invest Projects
BE 0564.745.777
Bree · Eq €196,895
SANGAS
BE 0687.688.923
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PROXYMMO
BE 0786.757.595
Elsene · Eq €196,787
Of 7,320 companies in sector 68110 we hold annual accounts for 5,381. 3,863 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-03-1989
Fiscal year end30-09
Activities, NACEBEL 2025
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.