Equity
€119,870 ▲ 0.4%
DRN Engineering has made a profit in every financial year since 2021.
DRN Engineering
Overview
Lifetime
5 annual accounts with figures on one time axispeak €103,858 (2021)
€7,001▼ 84.0%
peak €76,560 (2021)
€528▼ 96.8%
peak €119,870 (2025)
€119,870▲ 0.4%
€47,806▲ 6.7%
Board2 names since 2020
1 directorDERIN Fatih
Documentsfilings and deeds
25-08-202625 days late
2025micro format
Gross margin from €43,777 to €7,001Result from €16,406 to €528
Key points
from the 2025 annual accountsChecked score
69
Healthy
Financially stronger than 50% of micro companies in architecture and engineering (NACE 71)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%
01-2025: 0.8%● unchanged vs 12-2024
02-2025: 0.8%● unchanged vs 01-2025
03-2025: 0.9%▲ +0.1 percentage points vs 02-2025
04-2025: 0.8%▼ -0.1 percentage points vs 03-2025
05-2025: 0.9%▲ +0.1 percentage points vs 04-2025
06-2025: 0.9%● unchanged vs 05-2025
07-2025: 0.9%● unchanged vs 06-2025
08-2025: 1.3%▲ +0.4 percentage points vs 07-2025
09-2025: 1.6%▲ +0.3 percentage points vs 08-2025
10-2025: 2.5%▲ +0.9 percentage points vs 09-2025
11-2025: 2.6%▲ +0.1 percentage points vs 10-2025highest value
12-2025: 1.6%▼ -1.0 percentage point vs 11-2025
01-2026: 1.6%● unchanged vs 12-2025
02-2026: 1.6%● unchanged vs 01-2026
03-2026: 1.6%● unchanged vs 02-2026
04-2026: 1.6%● unchanged vs 03-2026
05-2026: 1.6%● unchanged vs 04-2026
06-2026: 1.5%▼ -0.1 percentage points vs 05-2026
07-2026: 1.4%▼ -0.1 percentage points vs 06-2026
08-2026: 2.0%▲ +0.6 percentage points vs 07-2026
09-2026: 0.8%▼ -1.2 percentage points vs 08-2026lowest value
10-2026: 0.8%● unchanged vs 09-2026lowest value
11-2026: 0.8%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 3.41
Last filed accounts filed 25 days late; 1 of the last 3 accounts late
Profit of €528 (financial year 2025)
lowers risk
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro). It does better than 71% of them on solvency, 66% on liquidity, 21% on profitability and 41% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 5,047 companies had the same profile as DRN Engineering has now. Each dot stands for 13 companies, two years later.
94.0%
were still trading
3.8%
stopped another way
2.2%
went bankrupt
That fits the bankruptcy probability of DRN Engineering itself: 0.8% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,047 companies, not a prediction for DRN Engineering. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.41 (3.53 in 2024), above the usual 1.5. Short-term debt is 28.4% of total assets. 28.5% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 25 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filingsDeviation from the deadline
2025
25 days late
2024
96 days late
2023
14 days early
2022
207 days late
2021
51 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 53 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 August (4 of the last 5 accounts filed within 76 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- DERIN Fatih 16 sharesdeed of 16-09-2020
- TEZCAN Gözde 4 sharesdeed of 16-09-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0754374443
Resignation: Gözde Tezcan (director)
Director discharge: Gözde Tezcan · General meeting of 31-12-2022 · Gazette deed
Appointment: Gözde Tezcan (director)
General meeting of 01-04-2021 · Gazette deed
Incorporation
Founding capital of €2,000, 20 shares · Founders: DERIN Fatih and TEZCAN Gözde · Appointment: DERIN Fatih (director) · published on 16-09-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DRN Engineering Genk | €167,677 | €7,001 | 71.5% | - |
| Associated Service Lievegem | €171,813 | €5,896 | 15.2% | - |
| GreenPlug Engineering Ixelles | €229,987 | €6,807 | 56.7% | - |
| Blindeman Kalmthout | €117,840 | €8,032 | 94.4% | - |
| AFFIDA Antwerp | €191,307 | €6,122 | 93.9% | - |
| SmartConcepts Chaumont-Gistoux | €252,074 | €5,877 | 28.9% | - |
| SECUWEL Assenede | €271,881 | €8,011 | 89.7% | - |
These companies have the same main activity as DRN Engineering: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €118,000 and €272,000, founded between 2020 and 2022.
Official details
Source: KBO- Status
- Active since 14-09-2020Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 3 others
- Establishment unit
- 2.306.941.9913600 Genk, since 14-09-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 12-02-2025
Annual accounts 2025
- €7,001▼ 84.0%
- €528▼ 96.8%
- €119,870▲ 0.4%
- €167,677▲ 2.2%
- Filing
- Filed on 25-08-2026
Insights on DRN Engineering
DRN Engineering files the micro format. That format states no turnover. The gross margin fell from €103,858 in 2021 to €7,001 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 25-08-2026, 25 days late€7,001
▼ 84.0%
€1,663
▼ 95.5%
€528
▼ 96.8%
€114,947
▲ 1.4%
71.5%
▼ 1.2 percentage points
3.41
▼ 0.12
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €31,000. Estimated: probably between €22,000 and €59,000.
Balance sheet
balance sheet total €167,677 on 31-12-2025What the company ownsHow it is paid for
in euro
Position in the sector
71.5%
Higher than 69% of 11,794 companies in 2025.
3.41
Higher than 69% of 11,521 companies in 2025.
0.3%
Higher than 21% of 11,605 companies in 2025.
DRN Engineering
Middle half of the sector
80% of the sector
Micro accounts in architecture and engineering (NACE 71)
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
167,677 | 164,136 | 160,031 | 155,616 | 130,859 | |
21/28 |
5,096 | 6,013 | 7,483 | 8,483 | 10,596 | |
22/27 |
3,616 | 4,533 | 6,003 | 7,003 | 9,116 | |
22 |
- | - | - | - | 3,886 | |
23 |
3,616 | 4,533 | 6,003 | 6,911 | 5,037 | |
24 |
0 | 0 | 0 | 92 | 193 | |
28 |
1,480 | 1,480 | 1,480 | 1,480 | 1,480 | |
29/58 |
162,580 | 158,124 | 152,549 | 147,133 | 120,263 | |
29 |
38,000 | 38,000 | 38,000 | 38,000 | - | |
291 |
38,000 | 38,000 | 38,000 | 38,000 | - | |
40/41 |
54,572 | 32,861 | 10,103 | 4,373 | 118,229 | |
40 |
7,128 | 5,280 | - | 3,609 | 15,863 | |
41 |
47,444 | 27,581 | 10,103 | 763 | 102,366 | |
54/58 |
- | 104 | 7 | 51 | 1,124 | |
490/1 |
70,009 | 87,159 | 104,439 | 104,710 | 910 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
167,677 | 164,136 | 160,031 | 155,616 | 130,859 | |
10/15 |
119,870 | 119,343 | 102,937 | 84,845 | 78,560 | |
10/11 |
2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
13 |
117,343 | 117,343 | 100,937 | 40,000 | 40,000 | |
133 |
117,343 | 117,343 | 100,937 | 40,000 | 40,000 | |
14 |
528 | - | - | 42,845 | 36,560 | |
17/49 |
47,806 | 44,794 | 57,094 | 70,771 | 52,299 | |
42/48 |
47,633 | 44,794 | 57,094 | 70,771 | 52,299 | |
42 |
- | - | 3,564 | - | - | |
43 |
1,504 | 3,398 | - | - | - | |
430/8 |
1,504 | 3,398 | - | - | - | |
44 |
4,839 | 6,746 | 16,320 | 4,917 | 4,744 | |
440/4 |
4,839 | 6,746 | 16,320 | 4,917 | 4,744 | |
45 |
41,291 | 34,650 | 22,210 | 33,715 | 47,556 | |
450/3 |
28,541 | 34,650 | 22,210 | 33,715 | 47,556 | |
454/9 |
12,750 | - | - | - | - | |
47/48 |
- | - | 15,000 | 32,139 | - | |
492/3 |
173 | - | - | - | - | |
| Income statement | ||||||
9900 |
7,001 | 43,777 | 28,231 | 29,906 | 103,858 | |
62 |
- | 1,377 | - | - | - | |
630 |
2,681 | 2,287 | 2,259 | 2,113 | 1,249 | |
640/8 |
2,656 | 3,387 | 1,388 | 3,785 | 820 | |
9901 |
1,663 | 36,726 | 24,584 | 24,007 | 101,789 | |
75/76B |
1,957 | 0 | 291 | 4,212 | 3,181 | |
75 |
1,957 | 0 | 291 | 4,212 | 3,181 | |
65/66B |
1,226 | 2,117 | 432 | 3,225 | 3,910 | |
65 |
1,226 | 2,117 | 432 | 3,225 | 3,910 | |
9903 |
2,394 | 34,609 | 24,442 | 24,995 | 101,060 | |
67/77 |
1,867 | 18,203 | 6,350 | 3,710 | 24,500 | |
9904 |
528 | 16,406 | 18,092 | 21,285 | 76,560 | |
9905 |
528 | 16,406 | 18,092 | 21,285 | 76,560 | |
| Appropriation of the result | ||||||
9906 |
528 | 16,406 | 60,937 | 57,845 | 76,560 | |
14P |
- | - | 42,845 | 36,560 | - | |
691/2 |
- | 16,406 | 60,937 | - | 40,000 | |
6921 |
- | 16,406 | 60,937 | - | 40,000 | |
694/7 |
- | - | - | 15,000 | - | |
695 |
- | - | - | 15,000 | - | |
| Document | ||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 25-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 25 days after the deadline. Filed on 25 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00421952.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 25-08-2026 | 2026-00421952 | |
| 31-12-2024 | micro format | 04-11-2025 | 2025-00564022 | |
| 31-12-2023 | micro format | 17-07-2024 | 2024-00262963 | |
| 31-12-2022 | abbreviated format | 23-02-2024 | 2024-00034839 | |
| 31-12-2021 | micro format | 10-06-2022 | 2022-20055846 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 4,344 | 39,013 | 26,843 | 26,120 | 103,039 | ||
| 3,209 | 18,693 | 20,352 | 23,398 | 77,809 | ||
| 1,765 | 817 | 1,259 | 0 | 11,846 | ||
| - | 98 | -44 | -1,074 | - | ||
| 114,947 | 113,330 | 95,454 | 76,361 | 67,964 | ||
| 71.5% | 72.7% | 64.3% | 54.5% | 60.0% | ||
| 3.41 | 3.53 | 2.67 | 2.08 | 2.30 | ||
| 0.40 | 0.38 | 0.55 | 0.83 | 0.67 | ||
| 0.4% | 13.7% | 17.6% | 25.1% | 97.5% | ||
| 0.3% | 10.0% | 11.3% | 13.7% | 58.5% | ||
| 3.54 | 18.42 | 62.07 | 8.10 | 26.35 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,765 | €817 | €1,259 | - | €10,366 |
| Financial fixed assets | - | - | - | - | €1,480 |
| €2,681 | €2,287 | €2,259 | €2,113 | €1,249 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on DRN Engineering
The operating result for 2025 is 95% lower than in 2024 and the lowest since 2021.
Debt's share of the balance-sheet total rises from 27.3% to 28.5%. Equity and debt are higher.
Board & ownership
Board
1 director, no change since 2024Director (not named in the articles)
since 14-09-2020
listed in the 2025 annual accounts, filed on 25-08-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 16-09-2020
Mandates through the years
2 names, the dashed line is todayDERIN Fatih
Director (not named in the articles)
Director (not named in the articles)
Gözde Tezcan
Director (not named in the articles)
Director (not named in the articles)
BoardEarlierend not dated
Mandates as a list
- DERIN Fatih
- Director (not named in the articles), from 14-09-2020 to date
- Director (not named in the articles), appointed by deed of 16-09-2020, last mentioned in 2020
- Gözde Tezcan
- Director (not named in the articles), appointed by deed of 11-06-2021, until 14-05-2024
Control
Capital
- Contribution
- €2,000
- Shares
- 20
- Contribution per share
- €100
- Equity per share
- €5,994 in 2025
- Source
- deed of 16-09-2020
Articles of association
deed of 16-09-2020 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 17:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 16-09-2020 ↗
- DERIN Fatih 16 shares (80%)
- TEZCAN Gözde 4 shares (20%)
Network & group
No group
DRN Engineering has no parent and no holdings in its annual accounts. DERIN Fatih is the only director. DRN Engineering shares no director with another company.
Timeline
Timeline
12 events since 2020Board
Filings
Financial
Establishments
2020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 25 days late
2025
Weakest financial year net €528 ▼96.8% The net result drops to €528, the lowest from 2021 to 2025.
Annual accounts 2024 filed PDFmicro format · 96 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0754374443
2024
Annual accounts 2023 filed PDFmicro format · 14 days before the deadline
Resignation: Gözde Tezcan (director)Director discharge: Gözde Tezcan · General meeting of 31-12-20223 points ▸
- General meeting, 31-12-2022
- Director resignation, Gözde Tezcan
- Director discharge, Gözde Tezcan
Annual accounts 2022 filed PDFabbreviated format · 207 days late
2023
Equity above €100,000 equity €102,937 ▲21.3% With a profit in every financial year since 2021, equity grows to €102,937.
2022
Annual accounts 2021 filed PDFmicro format · 51 days before the deadline
2021
- General meeting, 01-04-2021
- Director appointment, Gözde Tezcan (director (not named in the articles))
2020
IncorporationFounding capital of €2,000, 20 shares · Founders: DERIN Fatih and TEZCAN Gözde · Appointment: DERIN Fatih (director) · published on 16-09-20205 points ▸
- Founder, DERIN Fatih
- Founder, TEZCAN Gözde
- Founding capital, €2,000, 20 shares
- Director appointment, DERIN Fatih (director (not named in the articles))
- Registered office clause, Genk, Hasseltweg 370
First establishment Hasseltweg 370, Genk
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
DRN Engineering was incorporated on 14 September 2020 as a private limited company by two natural persons, with a starting capital of €2,000.12 Since 2020, DERIN Fatih has served as director.3 Total assets rose from €130,859 in 2021 to €167,677 in 2025.4
Company details
Identity
- Enterprise number
- 0754.374.443
- VAT number
- BE 0754.374.443
- Peppol ID
- 0208:0754374443
- Other Peppol ID
- 9925:BE0754374443
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 14-09-2020
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 17:00deed of 16-09-2020 (in Dutch)
- Peppol
- Reachable since 12-02-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- DRN Engineering in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 16-09-2020 (in Dutch)
- Name clauseThe company operates under this name according to its articles.
- DRN Engineeringdeed of 16-09-2020 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 16-09-2020 (in Dutch)
Activities
NACEBEL 202571121
Engineering and related technical consultancy, excluding land surveyors main activity
Codes under NACEBEL 2008
71121
Engineering activities main activity
71209
Other technical testing and analysis
74101
Other professional, scientific and technical activities
74102
Other professional, scientific and technical activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het uitvoeren van ingenieurswerkzaamheden alsook de uitwerking en realisatie van projecten op het gebied van de elektriciteit en…”deed of 16-09-2020 (in Dutch)
10 activities
- Het uitvoeren van ingenieurswerkzaamheden alsook de uitwerking en realisatie van projecten op het gebied van de elektriciteit en elektronica,mijnbouw,chemie,machine- en werktuigbouw,industriële systeemontwikkeling en veiligheid
- Ingenieurs en aanverwante technische adviseurs,exclusief landmeters
- Activiteiten van industriële designers
- Overige activiteiten van gespecialiseerde designers
- Uitwerking en realisatie van projecten op het gebied van de elektriciteit en elektronica,mijnbouw,chemie,machine- en werktuigbouw,industriële systeemontwikkeling,veiligheid,enzovoort
- Industriële vormgeving
- Overige technische testen en toetsen
- Testen en analyseren van materialen,producten,installaties,enzovoort in verband met hun samenstelling,fysische eigenschappen,prestaties en overeenstemming met vooropgestelde normen of met lastenkohier
- Ontwerpen van textielpatronen,kleding,juwelen,meubels en decoratieartikelen
- Overige zakelijke dienstverlening
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Hasseltweg 370 registered office 3600 Genk | 14-09-2020 | 2.306.941.991 |
Buildings and parcels at the address
- Ground area
- 1,109 m²
- Buildings
- 199 m²
- Volume, LiDAR
- 1,489 m³
- Tallest building
- 12.0 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 71306G0220/00Z004 | 1,109 m² | 1 · 199 m² | 12.0 m · 3 |