DROESHOUT
ActiveSummary
DROESHOUT has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €730k and a net result of €232k. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 70% of 9623 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability92▼-4
Solvency82▼-13
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 1.59 against 2.2 in 2023; short-term debt: 42.6% and cash: 15.3% of total assets), and 42.6% of the assets are financed with debt.
Credit check 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 47
Relative position
BE, all sectors
reference
Sector 47
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
57.4%
Return on assets
18.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
30 d late
2022
on the day
2021
60 d late
2020
31 d late
2019
68 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€730k▼ 12.9%
2023 · €838k
2018: €497k
2019: €636k
2020: €712k
2021: €717k
2022: €654k
2023: €838k
2018 → 2024
Total assets
€1.27M▲ 5.9%
2023 · €1.20M
2018: €890k
2019: €952k
2020: €1.08M
2021: €1.08M
2022: €1.19M
2023: €1.20M
2018 → 2024
Net result
€232k▼ 10.5%
2023 · €259k
2018: €237k
2019: €198k
2020: €285k
2021: €210k
2022: €144k
2023: €259k
2018 → 2024
Working capital
€320k▼ 26.6%
2023 · €435k
2018: €60k
2019: €250k
2020: €341k
2021: €360k
2022: €267k
2023: €435k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€712k-€717k▲ 0.6%€654k▼ 8.8%€838k▲ 28.2%€730k▼ 12.9%
Operating result€390k-€317k▼ 18.8%€241k▼ 24.0%€327k▲ 35.8%€258k▼ 21.0%
Net result€285k-€210k▼ 26.2%€144k▼ 31.4%€259k▲ 79.6%€232k▼ 10.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 21% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.27M
Fixed assets
€410k ▲ 1.9%
Current assets
€862k ▲ 7.9%
Equity and liabilities €1.27M
Equity
€730k ▼ 12.9%
Debt
€542k ▲ 49.2%
Debt's share of the balance-sheet total rises from 30.3% to 42.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€296k▼
2023 · €367k
Cash flow
€269k▼
2023 · €299k
Current ratio
1.59▼
2023 · 2.20
Quick ratio
1.56▼
2023 · 2.19
Debt to equity
0.74▲
2023 · 0.43
ROE
31.8%▲
2023 · 30.9%
ROA
18.2%▼
2023 · 21.6%
Interest coverage
128.27▼
2023 · 153.35
Debt ≤ 1 year
€542k▲
2023 · €363k
Income taxes
€24k▼
2023 · €66k
Staff costs
€701k▲
2023 · €614k
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 · 2024 against 2023 · 52 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.20M€1.27M▲
Fixed assets21/28€402k€410k▲
Tangible fixed assets22/27€401k€409k▲
Land and buildings22€239k€273k▲
Plant, machinery and equipment23€124k€100k▼
Furniture and vehicles24€9k€14k▲
Other tangible fixed assets26€29k€22k▼
Financial fixed assets28€1k€967▼
Current assets29/58€799k€862k▲
Amounts receivable after more than one year29€420k€420k=
Other amounts receivable291€420k€420k=
Stocks and contracts in progress3€2k€18k▲
Stocks30/36€2k€18k▲
Amounts receivable within one year40/41€120k€216k▲
Trade receivables40€86k€173k▲
Other amounts receivable41€34k€43k▲
Cash at bank and in hand54/58€244k€195k▼
Deferred charges and accrued income490/1€13k€12k▼
Equity and liabilities
Total equity and liabilities10/49€1.20M€1.27M▲
Equity10/15€838k€730k▼
Contributions10/11€19k€19k=
Reserves13€412k€337k▼
Tax-exempt reserves132€322€322=
Distributable reserves133€412k€337k▼
Profit (loss) carried forward14€407k€374k▼
Amounts payable17/49€363k€542k▲
Amounts payable within one year42/48€363k€542k▲
Trade debts44€100k€193k▲
Suppliers440/4€100k€193k▲
Taxes, remuneration and social security45€102k€111k▲
Taxes450/3€18k€14k▼
Remuneration and social security454/9€83k€97k▲
Other amounts payable47/48€161k€238k▲
Income statement
Code20232024
Remuneration, social security and pensions62€614k€701k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€37k▼
Other operating charges640/8€6k€3k▼
Gross operating margin9900€988k€1.00M▲
Operating profit (loss)9901€327k€258k▼
Financial income75/76B€106€64▼
Recurring financial income75€106€64▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€325k€256k▼
Income taxes67/77€66k€24k▼
Profit (loss) for the period9904€259k€232k▼
Profit (loss) for the period to be appropriated9905€259k€232k▼
Appropriation of the result
Profit (loss) to be appropriated9906€407k€639k▲
Profit (loss) brought forward from the previous period14P€148k€407k▲
Transfer from equity791/2€75k€75k=
Profit to be distributed694/7€75k€340k▲
Return on contributions (dividend)694€75k€340k▲
Social balance
Average headcount (FTE)908711.212.6▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €144k ▼31.4%
Net result drops to €144k, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 60 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €285k ▲43.8%
Operating result €390k, net result €285k, both a record.
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 68 days late
2019
31-12
Financial
Equity above €500kEq €636k ▲28%
2 profitable years in a row build equity to €636k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
13-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
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, Opwijk · 1 establishment unit since 2013
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.
Stwg. op Vilvoorde 131745 Opwijk1 establishment unit
Slagerij Sven Saerens
since 20132.226.490.389
Public money · subsidies and aid
Flemish government
2022 to 2025 · 2 entries · 395 EUR awarded · 395 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 206 EUR | 206 EUR |
| 2022 | 1 | 189 EUR | 189 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteOpwijk2.226.490.389
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Of 3,042 companies in sector 47221 we hold annual accounts for 1,563. 936 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 formPrivate limited company
Founded17-12-2013
Fiscal year end31-12
Activities, NACEBEL 2025
47221Retail sale of meat and meat products, excluding game and poultry
47271Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filings
Scores and ratios are computed by Checked and are not a credit decision.