DROBE SANIHEATING
ActiveDROBE SANIHEATING has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €308k and a net result of €65k. Equity is growing by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 76% of 36378 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability87▲+7
Solvency95▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.98 against 2.15 in 2023; short-term debt: 30.1% and cash: 42.6% of total assets), and 30.1% 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+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
40 d early
2022
46 d early
2021
18 d late
2020
25 d early
2019
36 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€308k▲ 26.7%
2023 · €243k
2018: €161k
2019: €199k
2020: €241k
2021: €235k
2022: €266k
2023: €243k
2018 → 2024
Total assets
€440k▲ 5.5%
2023 · €417k
2018: €293k
2019: €274k
2020: €284k
2021: €361k
2022: €422k
2023: €417k
2018 → 2024
Net result
€65k▲ 74.7%
2023 · €37k
2018: €27k
2019: €38k
2020: €42k
2021: €53k
2022: €91k
2023: €37k
2018 → 2024
Working capital
€263k▲ 31.4%
2023 · €200k
2018: €56k
2019: €90k
2020: €173k
2021: €180k
2022: €205k
2023: €200k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€241k-€235k▼ 2.7%€266k▲ 13.3%€243k▼ 8.6%€308k▲ 26.7%
Operating result€56k-€71k▲ 27.0%€121k▲ 70.1%€51k▼ 58.3%€86k▲ 70.9%
Net result€42k-€53k▲ 27.8%€91k▲ 70.8%€37k▼ 59.2%€65k▲ 74.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 71% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €440k
Fixed assets
€45k▲ 5.1%
Current assets
€395k▲ 5.5%
Equity and liabilities €440k
Equity
€308k▲ 26.7%
Debt
€132k▼ 24.1%
The debt ratio falls from 41.8% to 30.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€101k▲
2023 · €73k
Cash flow
€79k▲
2023 · €60k
Solvency
69.9%▲
2023 · 58.2%
Current ratio
2.98▲
2023 · 2.15
Quick ratio
2.42▲
2023 · 1.38
Debt / equity
0.43▼
2023 · 0.72
ROE
21.1%▲
2023 · 15.3%
ROA
14.8%▲
2023 · 8.9%
Interest coverage
1283.77▼
2023 · 1331.82
Debt
€132k▼
2023 · €174k
Debt ≤ 1 year
€132k▼
2023 · €174k
Income taxes
€22k▲
2023 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€417k€440k▲
Fixed assets21/28€43k€45k▲
Tangible fixed assets22/27€43k€45k▲
Plant, machinery and equipment23€11k€14k▲
Furniture and vehicles24€32k€31k▼
Financial fixed assets28€346€346=
Current assets29/58€374k€395k▲
Stocks and contracts in progress3€133k€75k▼
Stocks30/36€133k€75k▼
Amounts receivable within one year40/41€123k€127k▲
Trade receivables40€97k€110k▲
Other amounts receivable41€26k€17k▼
Cash at bank and in hand54/58€113k€187k▲
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€417k€440k▲
Equity10/15€243k€308k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€222k€287k▲
Amounts payable17/49€174k€132k▼
Amounts payable within one year42/48€174k€132k▼
Trade debts44€89k€57k▼
Suppliers440/4€89k€57k▼
Advances received on contracts in progress46€25k€15k▼
Taxes, remuneration and social security45€33€647▲
Taxes450/3€33€647▲
Other amounts payable47/48€60k€60k▼
Accrued charges and deferred income492/3-€33
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€14k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€74k€102k▲
Operating profit (loss)9901€51k€86k▲
Financial income75/76B-€817
Recurring financial income75-€817
Financial charges65/66B€55€78▲
Recurring financial charges65€55€78▲
Profit (loss) for the period before taxes9903€51k€87k▲
Income taxes67/77€13k€22k▲
Profit (loss) for the period9904€37k€65k▲
Profit (loss) for the period to be appropriated9905€37k€65k▲
Appropriation of the result
Profit (loss) to be appropriated9906€282k€287k▲
Profit (loss) brought forward from the previous period14P€245k€222k▼
Profit to be distributed694/7€60k-
Return on contributions (dividend)694€60k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €91k ▲70.8%
Operating result €121k, net result €91k, both a record.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity doublescurrent ratio 5.05
Current ratio from 2.21 to 5.05; short-term debt falls from €74k to €43k.
31-12
Financial
Equity above €200kEq €241k ▲21%
3 profitable years in a row build equity to €241k.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Pepingen · 1 establishment unit since 2003
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.
Molenstraat(BO) 281670 PepingenGround area
2,268 m²
Building footprint
287 m²
Volume, LiDAR
1,787 m³
2 parcels, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DROBE SANIHEATING
since 20032.132.344.763
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23583K0148/00E000 | Flanders | 1,797 m² | 1 · 152 m² | 8.4 m · 2 fl. |
| 23010A0352/00S000 | Flanders | 471 m² | 1 · 136 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 7,528 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-06-2003
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
43221Plumbing work
45332
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.