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Edingsesteenweg(Den) 509 A ·9400 Ninove, Belgium
BE 0794.515.122
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Turnover
EBIT margin
Net result€-55k+44.4%
Working capital€-669k-0.3%
CSV export

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 31-08-2025 with the NBB · fiscal year 2024 · verkort
€-100k€-75k€-50k€-25k€0Operating result 2023: €-98k€-98kNet result 2023: €-99k€-99kOperating result 2024: €-55k€-55kNet result 2024: €-55k€-55k20232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 77 — Renting & leasing · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency -17.1% 25.4%
better than 5% of 33 sector peers
Net result €-55k €16k
better than 5% of 33 sector peers
Equity €-149k €78k
better than 5% of 33 sector peers
Gross operating margin €184k €160k
better than 52% of 33 sector peers
Total assets €870k €691k
better than 60% of 33 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€59k
+255.2% -48% vs sector
Net profit
€-55k
+44.4% -2198% vs sector
Cash flow
€59k
+264.3% -6% vs sector
Total assets
€870k
+5.2% ≈ vs sector
Equity
€-149k
-58.6% -133% vs sector
Working capital
€-669k
-0.3% -2492% vs sector
Employees (FTE)
1
-35.0% -19% vs sector
Staff costs
€122k
-16.4% -5% vs sector
Income taxes
€216
+8.2% -99% vs sector
Debt
€1.02M
+10.6% ≈ vs sector
Debt ≤ 1y
€1.02M
+11.3% +465% vs sector
Debt > 1y
€5k
-99% vs sector
Current ratio
0.34
+26.6% -70% vs sector
Quick ratio
0.34
+26.6% -66% vs sector
Solvency
-17.1%
-50.8% -155% vs sector
Debt / equity
-6.84
+30.3% -1200% vs sector
ROE
36.9%
-64.9% +4031% vs sector
ROA
-6.3%
+47.1% -2732% vs sector
Interest coverage
79.98
+394.5% +51% vs sector
Figures by fiscal year
Fiscal year2024
Revenue
EBITDA€59k
Net profit€-55k
Cash flow€59k
Staff costs€122k
Income taxes€216
Dividends
Total assets€870k
Equity€-149k
Debt€1.02M
of which ≤ 1y€1.02M
of which > 1y
Working capital€-669k
Employees (FTE)1.3
Ratios (computed)
2024
Current ratio0.34
Quick ratio0.34
Working capital ratio-76.9%
Solvency-17.1%
Debt / equity-6.84
Long-term debt ratio
Interest coverage79.98
Gross margin
Net margin
ROA-6.3%
ROE36.9%
EBITDA margin
Days sales outstanding
Days payable outstanding
Inventory turnover
Days inventory (DSI)
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet — Assets
TOTAL ASSETS 20/58€870k
Fixed assets 21/28€520k
Tangible fixed assets 22/27€520k
Current assets 29/58€350k
Amounts receivable within one year 40/41€330k
Cash & bank 54/58€16k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€870k
Equity 10/15€-149k
Contributions / capital 10/11€5k
Accumulated profits (losses) 14€-154k
Amounts payable 17/49€1.02M
Amounts payable within one year 42/48€1.02M
Trade debts payable within one year 44€993k
Income statement
Gross operating margin 9900€184k
Operating result 9901€-55k
Financial income 75€472
Financial charges 65€741
Result before taxes 9903€-55k
Income taxes 67/77€216
Net result for the period 9904€-55k
Result to be appropriated 9905€-55k
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Ratios computed by Checked.

Health barometer

FY 2024 · computed
33 / 100 Weak
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.