DROOGHMANS
The computed 12-month bankruptcy probability of DROOGHMANS is 0.6% (low). The 2024 annual accounts show equity of €502k and a net result of €-40k. Equity is shrinking by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 38% of 991 sector peers (fiscal year 2024). The company has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €502k |
| Net result | €-40k |
| Staff (FTE) | 11.2 |
| Better than sector | 38% |
Mixed profile: strong on stability, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 25.1% | 35.4% | |
| Net result | €-40k | €29k | |
| Equity | €502k | €121k | |
| Gross operating margin | €838k | €171k | |
| Staff costs | €800k | €194k |
| Fiscal year | 2024 |
|---|---|
| Revenue | €3.61M |
| EBITDA | €22k |
| Net profit | €-40k |
| Cash flow | €-893 |
| Staff costs | €800k |
| Income taxes | €899 |
| Dividends | - |
| Total assets | €2.00M |
| Equity | €502k |
| Debt | €1.40M |
| of which ≤ 1y | €1.40M |
| of which > 1y | - |
| Working capital | €503k |
| Employees (FTE) | 11.2 |
| 2024 | |
|---|---|
| Current ratio | 1.36 |
| Quick ratio | 1.16 |
| Working capital ratio | 25.2% |
| Solvency | 25.1% |
| Debt / equity | 2.79 |
| Long-term debt ratio | - |
| Interest coverage | 0.82 |
| Gross margin | 16.0% |
| Net margin | -1.1% |
| ROA | -2.0% |
| ROE | -8.0% |
| EBITDA margin | 0.6% |
| Days sales outstanding | 59d |
| Days payable outstanding | 70d |
| Inventory turnover | 10.66 |
| Days inventory (DSI) | 34d |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.00M |
| Fixed assets | 21/28 | €94k |
| Tangible fixed assets | 22/27 | €83k |
| Financial fixed assets | 28 | €11k |
| Current assets | 29/58 | €1.90M |
| Stocks & contracts in progress | 3 | €285k |
| Amounts receivable within one year | 40/41 | €787k |
| Cash & bank | 54/58 | €822k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.00M |
| Equity | 10/15 | €502k |
| Contributions / capital | 10/11 | €62k |
| Reserves | 13 | €433k |
| Accumulated profits (losses) | 14 | €7k |
| Provisions & deferred taxes | 16 | €95k |
| Amounts payable | 17/49 | €1.40M |
| Amounts payable within one year | 42/48 | €1.40M |
| Trade debts payable within one year | 44 | €582k |
| Income statement | ||
| Turnover | 70 | €3.61M |
| Gross operating margin | 9900 | €838k |
| Operating result | 9901 | €-18k |
| Financial income | 75 | €5k |
| Financial charges | 65 | €26k |
| Result before taxes | 9903 | €-39k |
| Income taxes | 67/77 | €899 |
| Net result for the period | 9904 | €-40k |
| Result to be appropriated | 9905 | €-40k |
| NACE primary | Specialised construction(43410) |
| Legal form | Public limited company(014) |
| Incorporation | 04-11-1976 |
| Status | Active |
| Postal code | 2490 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13003E0591/00D000 | Flanders | 9,172 m² | 1 · 3,032 m² | 9.1 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
23-04-2025 EY reappointed as statutory auditor
- EY, Commissaris
Technical details
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{
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"address": "Corda Campus (gebouw 3-5de verdiep) Kempische Steenweg 307 bus 5.01, 3500 Hasselt",
"country": "BE",
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"evidence_quote": "De vergadering besluit met eenparigheid van stemmen te herbenoemen tot commissaris: EY Bedrijfsrevisoren BV",
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"notary": {
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"office_city": "Antwerpen",
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},
"act_meta": {
"language": "nl",
"pub_date": "2025-04-23",
"filing_date": "2025-04-14",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "jaarvergadering",
"date": "2024-06-24",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0416.527.007",
"name_full": "Drooghmans",
"legal_form": "Naamloze vennootschap"
},
"publication_proxy": {
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"org_name": "Kovades Management BV",
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},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | DROOGHMANS |