DRIWATRA
ActiveSummary
The computed 12-month bankruptcy probability of DRIWATRA is 1.8% (moderate). The 2024 annual accounts show equity of €523,750 and a net result of -€2,263. Equity is growing by ~10.6% per year across the filed fiscal years. The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability68▼-12
Solvency93▼-5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity short (current ratio 0.57 against 4.2 in 2023; short-term debt: 22.6% and cash: 7.2% of total assets), and 32.2% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← 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
raises risk · 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 2024Solvency, return and age of the figures
Solvency
67.8%
Return on assets
-0.3%
Age of the figures
21 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 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 d early
2024
28 d late
2023
27 d late
2022
10 d late
2021
33 d early
2020
31 d late
2019
89 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 16 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% 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 10 August (4 of the last 5 filed years within 43 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Equity
€523,750▼ 0.4%
2023 · €526,014
Total assets
€772,369▲ 6.9%
2023 · €722,359
Net result
-€2,263
2023 · €64,866
Working capital
-€74,523
2023 · €294,725
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€90,665▼ 24.5%€48,340▼ 46.7%€42,929▼ 11.2%€92,447▲ 115%€984▼ 98.9%
Net result€63,286above the sector's middle half▼ 39.7%€32,410above the sector's middle half▼ 48.8%€28,622above the sector's middle half▼ 11.7%€64,866above the sector's middle half▲ 127%-€2,263within the sector's middle half
Equity€402,516above the sector's middle half▲ 18.4%€434,126above the sector's middle half▲ 7.9%€461,947above the sector's middle half▲ 6.4%€526,014above the sector's middle half▲ 13.9%€523,750above the sector's middle half▼ 0.4%
Total assets€656,489above the sector's middle half▲ 0.4%€645,275above the sector's middle half▼ 1.7%€622,017above the sector's middle half▼ 3.6%€722,359above the sector's middle half▲ 16.1%€772,369above the sector's middle half▲ 6.9%
Debt€223,367▼ 21.1%€180,542▼ 19.2%€129,463▼ 28.3%€165,739▲ 28.0%€218,013▲ 31.5%
Working capital€236,934above the sector's middle half▲ 74.1%€263,792above the sector's middle half▲ 11.3%€286,121above the sector's middle half▲ 8.5%€294,725above the sector's middle half▲ 3.0%-€74,523below the sector's middle half
Solvency61.3%within the sector's middle half▲ 9.3pp67.3%within the sector's middle half▲ 6.0pp74.3%above the sector's middle half▲ 7.0pp72.8%above the sector's middle half▼ 1.4pp67.8%above the sector's middle half▼ 5.0pp
Current ratio3.82above the sector's middle half▲ 1.434.28above the sector's middle half▲ 0.464.97above the sector's middle half▲ 0.694.20above the sector's middle half▼ 0.770.57below the sector's middle half▼ 3.63
Return on assets (ROA)9.6%within the sector's middle half▼ 6.4pp5.0%within the sector's middle half▼ 4.6pp4.6%within the sector's middle half▼ 0.4pp9.0%within the sector's middle half▲ 4.4pp-0.3%within the sector's middle half▼ 9.3pp
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 99% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €772,369
Fixed assets
€672,087 ▲ 100%
Current assets
€100,283 ▼ 74.1%
Equity and liabilities €772,369
Equity
€523,750 ▼ 0.4%
Provisions
€30,606 =
Debt
€218,013 ▲ 31.5%
Debt's share of the balance-sheet total rises from 22.9% to 28.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€69,308▼
2023 · €111,393
Cash flow
€66,061▼
2023 · €83,812
Debt to equity
0.42▲
2023 · 0.32
ROE
-0.4%▼
2023 · 12.3%
Interest coverage
8.03▼
2023 · 32.08
Debt ≤ 1 year
€174,805▲
2023 · €92,110
Debt > 1 year
€37,689▼
2023 · €71,641
Income taxes
€2,965▼
2023 · €24,304
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,687 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 94% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a small loss
0.6%
went bankrupt
5.4%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.8% 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 497,340 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 2,687 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0 | - | €18,680 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €56,003 | €41,327 | €37,325 | €18,946 | €68,324 | ▲ 261% |
| Other operating charges640/8 | - | €17,882 | €16,407 | €20,458 | €25,713 | ▲ 25.7% |
| Non-recurring operating charges66A | - | €1,808 | €248 | €0 | €13,833 | - |
| Gross operating margin9900 | €169,213 | €109,357 | €96,909 | €131,851 | €108,854 | ▼ 17.4% |
| Operating profit (loss)9901 | €90,665 | €48,340 | €42,929 | €92,447 | €984 | ▼ 98.9% |
| Financial income75/76B | - | €39 | €0 | €196 | €8,348 | ▲ 4,160% |
| Recurring financial income75 | €1 | €39 | €0 | €196 | €8,348 | ▲ 4,160% |
| Financial charges65/66B | - | €3,585 | €3,079 | €3,473 | €8,630 | ▲ 149% |
| Recurring financial charges65 | €4,391 | €3,585 | €3,079 | €3,473 | €8,630 | ▲ 149% |
| Profit (loss) for the period before taxes9903 | €86,275 | €44,795 | €39,850 | €89,171 | €702 | ▼ 99.2% |
| Income taxes67/77 | €22,990 | €12,385 | €11,229 | €24,304 | €2,965 | ▼ 87.8% |
| Profit (loss) for the period9904 | €63,286 | €32,410 | €28,622 | €64,866 | -€2,263 | ▼ 103% |
| Profit (loss) for the period to be appropriated9905 | €63,286 | €32,410 | €28,622 | €64,866 | -€2,263 | ▼ 103% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €656,489 | €645,275 | €622,017 | €722,359 | €772,369 | ▲ 6.9% |
| Fixed assets21/28 | €335,394 | €301,021 | €263,845 | €335,524 | €672,087 | ▲ 100% |
| Tangible fixed assets22/27 | €335,394 | €301,021 | €263,695 | €335,374 | €669,437 | ▲ 99.6% |
| Land and buildings22 | - | €258,355 | €249,482 | €240,608 | €582,009 | ▲ 142% |
| Plant, machinery and equipment23 | - | €5,206 | €3,775 | €2,431 | €12,272 | ▲ 405% |
| Furniture and vehicles24 | - | €13,897 | €10,438 | €5,343 | €7,077 | ▲ 32.4% |
| Leasing and similar rights25 | - | €23,563 | €0 | €86,991 | €68,079 | ▼ 21.7% |
| Financial fixed assets28 | - | - | €150 | €150 | €2,650 | ▲ 1,667% |
| Current assets29/58 | €321,095 | €344,254 | €358,171 | €386,835 | €100,283 | ▼ 74.1% |
| Amounts receivable within one year40/41 | €74,862 | €34,860 | €31,740 | €32,802 | €42,850 | ▲ 30.6% |
| Trade receivables40 | - | €34,860 | €31,714 | €31,443 | €34,743 | ▲ 10.5% |
| Other amounts receivable41 | - | - | €26 | €1,359 | €8,106 | ▲ 497% |
| Current investments50/53 | - | - | - | €300,000 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €245,337 | €306,464 | €323,420 | €52,036 | €55,730 | ▲ 7.1% |
| Deferred charges and accrued income490/1 | - | €2,930 | €3,012 | €1,998 | €1,703 | ▼ 14.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €656,489 | €645,275 | €622,017 | €722,359 | €772,369 | ▲ 6.9% |
| Equity10/15 | €402,516 | €434,126 | €461,947 | €526,014 | €523,750 | ▼ 0.4% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €383,916 | €415,526 | €443,347 | €507,414 | €505,864 | ▼ 0.3% |
| Non-distributable reserves130/1 | - | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €0 | - | - | - |
| Tax-exempt reserves132 | - | €113,762 | €113,762 | €113,762 | €113,762 | = |
| Distributable reserves133 | - | €299,904 | €329,585 | €393,652 | €392,102 | ▼ 0.4% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | -€714 | - |
| Provisions and deferred taxes16 | €30,606 | €30,606 | €30,606 | €30,606 | €30,606 | = |
| Provisions for liabilities and charges160/5 | - | €30,606 | €30,606 | €30,606 | €30,606 | = |
| Pensions and similar obligations160 | - | €30,606 | €30,606 | €30,606 | €30,606 | = |
| Amounts payable17/49 | €223,367 | €180,542 | €129,463 | €165,739 | €218,013 | ▲ 31.5% |
| Amounts payable after more than one year17 | €139,206 | €98,309 | €57,413 | €71,641 | €37,689 | ▼ 47.4% |
| Financial debts170/4 | - | €98,309 | €57,413 | €71,641 | €37,689 | ▼ 47.4% |
| Amounts payable within one year42/48 | €84,162 | €80,462 | €72,050 | €92,110 | €174,805 | ▲ 89.8% |
| Current portion of amounts payable after more than one year42 | - | €40,896 | €40,896 | €49,902 | €32,802 | ▼ 34.3% |
| Trade debts44 | €11,120 | €10,426 | €5,868 | €13,934 | €15,173 | ▲ 8.9% |
| Suppliers440/4 | - | €10,426 | €5,868 | €13,934 | €15,173 | ▲ 8.9% |
| Advances received on contracts in progress46 | - | - | €399 | €863 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €10,332 | €6,658 | €6,448 | €8,881 | ▲ 37.7% |
| Taxes450/3 | - | €10,332 | €5,011 | €4,801 | €7,234 | ▲ 50.7% |
| Remuneration and social security454/9 | - | - | €1,647 | €1,647 | €1,647 | = |
| Other amounts payable47/48 | - | €18,808 | €18,228 | €20,964 | €117,950 | ▲ 463% |
| Accrued charges and deferred income492/3 | - | €1,771 | €0 | €1,988 | €5,519 | ▲ 178% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €63,286 | €32,410 | €28,622 | €64,866 | -€2,263 | ▼ 103% |
| + Depreciation and write-downs630 | €56,003 | €41,327 | €37,325 | €18,946 | €68,324 | ▲ 261% |
| Operating cash flow (approximation) | €119,289 | €73,737 | €65,947 | €83,812 | €66,061 | ▼ 21.2% |
| Investment in fixed assets (approximation) | - | -€6,953 | -€150 | -€90,624 | -€404,887 | ▼ 347% |
| Change in cash | - | €61,127 | €16,956 | -€271,384 | €3,694 | ▲ 101% |
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
23-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet -€2,263
Net result drops to -€2,263, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Equity above €500,000Eq €526,014 ▲13.9%
6 profitable years in a row build equity to €526,014.
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
31-12
Financial
Highest result since 2018net €104,920 ▲313%
Operating result €120,035, net result €104,920, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.38
Current ratio from 1.18 to 2.38; short-term debt falls from €126,478 to €98,459.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Pittem · 2 establishment units since 2007
Ground area
3,926 m²
Building footprint
673 m²
Volume, LiDAR
1,871 m³
2 parcels, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
2 establishment units
Driwatra
since 20072.166.294.961
DRIWATRA
since 20262.388.028.449
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37011A1537/00A000 | Flanders | 2,808 m² | 1 · 376 m² | 7.9 m |
| 37019C0228/00L000 | Flanders | 1,118 m² | 1 · 297 m² | 7.1 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 301 EUR awarded · 301 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 158 EUR | 158 EUR |
| 2024 | 1 | 53 EUR | 53 EUR |
| 2023 | 1 | 45 EUR | 45 EUR |
| 2022 | 1 | 45 EUR | 45 EUR |
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DARILU - TRANS
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Of 12,582 companies in sector 49410 we hold annual accounts for 8,205. 5,138 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded31-10-2007
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
47221Retail sale of meat and meat products, excluding game and poultry
Contact
Phone
0479/297553
E-invoicing
Reachable via Peppol
Peppol ID
0208:0893203813
Also
9925:BE0893203813
Registered
09-08-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.