DROOGMANS BART
ActiveSummary
DROOGMANS BART has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €771k and a net result of €143k. Equity is growing by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 81% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability87▲+6
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 4.17 against 4.7 in 2024; short-term debt: 23.1% and cash: 35.9% of total assets), and 23.1% 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
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 2025Solvency, return and age of the figures
Solvency
76.9%
Return on assets
14.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
34 d early
2023
20 d early
2022
34 d early
2021
31 d early
2020
39 d early
2019
32 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€771k▲ 15.4%
2024 · €668k
2018: €376klowest in 8 years
2019: €384k▲ +2.4% vs 2018
2020: €398k▲ +3.6% vs 2019
2021: €427k▲ +7.2% vs 2020
2022: €469k▲ +9.8% vs 2021
2023: €585k▲ +24.8% vs 2022
2024: €668k▲ +14.3% vs 2023
2025: €771k▲ +15.4% vs 2024highest in 8 years
2018 → 2025
Total assets
€1.00M▲ 19.9%
2024 · €837k
2018: €568k
2019: €567k▼ -0.2% vs 2018lowest in 8 years
2020: €594k▲ +4.8% vs 2019
2021: €650k▲ +9.3% vs 2020
2022: €710k▲ +9.3% vs 2021
2023: €828k▲ +16.6% vs 2022
2024: €837k▲ +1.0% vs 2023
2025: €1.00M▲ +19.9% vs 2024highest in 8 years
2018 → 2025
Net result
€143k▲ 71.0%
2024 · €83k
2018: €3klowest in 8 years
2019: €9k▲ +157% vs 2018
2020: €29k▲ +222% vs 2019
2021: €29k▼ -0.2% vs 2020
2022: €59k▲ +106% vs 2021
2023: €116k▲ +97.1% vs 2022
2024: €83k▼ -28.2% vs 2023
2025: €143k▲ +71.0% vs 2024highest in 8 years
2018 → 2025
Working capital
€733k▲ 17.8%
2024 · €622k
2018: €323klowest in 8 years
2019: €338k▲ +4.8% vs 2018
2020: €349k▲ +3.3% vs 2019
2021: €384k▲ +9.8% vs 2020
2022: €417k▲ +8.6% vs 2021
2023: €541k▲ +29.8% vs 2022
2024: €622k▲ +15.0% vs 2023
2025: €733k▲ +17.8% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€427k-€469k▲ 9.8%€585k▲ 24.8%€668k▲ 14.3%€771k▲ 15.4%
2021: €427klowest in 5 years
2022: €469k▲ +9.8% vs 2021
2023: €585k▲ +24.8% vs 2022
2024: €668k▲ +14.3% vs 2023
2025: €771k▲ +15.4% vs 2024highest in 5 years
Operating result€52k-€92k▲ 76.9%€156k▲ 69.9%€114k▼ 27.0%€199k▲ 74.9%
2021: €52klowest in 5 years
2022: €92k▲ +76.9% vs 2021
2023: €156k▲ +69.9% vs 2022
2024: €114k▼ -27.0% vs 2023
2025: €199k▲ +74.9% vs 2024highest in 5 years
Net result€29k-€59k▲ 106%€116k▲ 97.1%€83k▼ 28.2%€143k▲ 71.0%
2021: €29klowest in 5 years
2022: €59k▲ +106% vs 2021
2023: €116k▲ +97.1% vs 2022
2024: €83k▼ -28.2% vs 2023
2025: €143k▲ +71.0% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 75% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.00M
Fixed assets
€38k ▼ 17.6%
Current assets
€964k ▲ 22.1%
Equity and liabilities €1.00M
Equity
€771k ▲ 15.4%
Debt
€232k ▲ 37.7%
Debt's share of the balance-sheet total rises from 20.1% to 23.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€209k▲
2024 · €132k
Cash flow
€152k▲
2024 · €101k
Current ratio
4.17▼
2024 · 4.70
Quick ratio
2.94▼
2024 · 2.99
Debt to equity
0.30▲
2024 · 0.25
ROE
18.5%▲
2024 · 12.5%
ROA
14.2%▲
2024 · 10.0%
Interest coverage
11.21▲
2024 · 7.61
Debt ≤ 1 year
€231k▲
2024 · €168k
Income taxes
€63k▲
2024 · €34k
Staff costs
€86k▲
2024 · €76k
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 · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€837k€1.00M▲
Fixed assets21/28€46k€38k▼
Tangible fixed assets22/27€46k€38k▼
Plant, machinery and equipment23€8k€5k▼
Furniture and vehicles24€15k€12k▼
Other tangible fixed assets26€24k€21k▼
Current assets29/58€790k€964k▲
Stocks and contracts in progress3€288k€285k▼
Stocks30/36€288k€285k▼
Amounts receivable within one year40/41€303k€314k▲
Trade receivables40€13k€13k▼
Other amounts receivable41€289k€301k▲
Cash at bank and in hand54/58€195k€360k▲
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€837k€1.00M▲
Equity10/15€668k€771k▲
Contributions10/11€6k€6k=
Reserves13€662k€765k▲
Tax-exempt reserves132€104k€104k=
Distributable reserves133€559k€661k▲
Amounts payable17/49€168k€232k▲
Amounts payable within one year42/48€168k€231k▲
Current portion of amounts payable after more than one year42€5k-
Trade debts44€150k€151k▲
Suppliers440/4€150k€151k▲
Taxes, remuneration and social security45€13k€40k▲
Taxes450/3€5k€27k▲
Remuneration and social security454/9€9k€13k▲
Other amounts payable47/48-€40k
Accrued charges and deferred income492/3-€203
Income statement
Code20242025
Remuneration, social security and pensions62€76k€86k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€10k▼
Other operating charges640/8€4k€3k▼
Gross operating margin9900€211k€299k▲
Operating profit (loss)9901€114k€199k▲
Financial income75/76B€20k€25k▲
Recurring financial income75€20k€25k▲
Financial charges65/66B€17k€19k▲
Recurring financial charges65€17k€19k▲
Profit (loss) for the period before taxes9903€117k€206k▲
Income taxes67/77€34k€63k▲
Profit (loss) for the period9904€83k€143k▲
Profit (loss) for the period to be appropriated9905€83k€143k▲
Appropriation of the result
Profit (loss) to be appropriated9906€83k€143k▲
Transfer from equity791/2-€40k
Transfer to equity691/2€83k€143k▲
To other reserves6921€83k€143k▲
Profit to be distributed694/7-€40k
Return on contributions (dividend)694-€40k
Social balance
Average headcount (FTE)90872.22.8▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €12k | - | - | - |
| Remuneration, social security and pensions62 | €48k | €54k | €73k | €76k | €86k | ▲ 13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28k | €23k | €24k | €18k | €10k | ▼ 45.1% |
| Other operating charges640/8 | €4k | €5k | €4k | €4k | €3k | ▼ 13.2% |
| Gross operating margin9900 | €132k | €173k | €256k | €211k | €299k | ▲ 41.4% |
| Operating profit (loss)9901 | €52k | €92k | €156k | €114k | €199k | ▲ 74.9% |
| Financial income75/76B | €6k | €6k | €16k | €20k | €25k | ▲ 22.2% |
| Recurring financial income75 | €6k | €6k | €16k | €20k | €25k | ▲ 22.2% |
| Financial charges65/66B | €20k | €17k | €19k | €17k | €19k | ▲ 7.9% |
| Recurring financial charges65 | €20k | €17k | €19k | €17k | €19k | ▲ 7.9% |
| Profit (loss) for the period before taxes9903 | €38k | €81k | €153k | €117k | €206k | ▲ 75.6% |
| Income taxes67/77 | €10k | €22k | €37k | €34k | €63k | ▲ 87.1% |
| Profit (loss) for the period9904 | €29k | €59k | €116k | €83k | €143k | ▲ 71.0% |
| Transfer to tax-exempt reserves689 | - | - | €76k | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €29k | €59k | €40k | €83k | €143k | ▲ 71.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €650k | €710k | €828k | €837k | €1.00M | ▲ 19.9% |
| Fixed assets21/28 | €83k | €75k | €49k | €46k | €38k | ▼ 17.6% |
| Tangible fixed assets22/27 | €83k | €75k | €49k | €46k | €38k | ▼ 17.6% |
| Plant, machinery and equipment23 | €4k | €4 | €2k | €8k | €5k | ▼ 30.9% |
| Furniture and vehicles24 | €937 | €17k | €10k | €15k | €12k | ▼ 16.9% |
| Other tangible fixed assets26 | €78k | €58k | €37k | €24k | €21k | ▼ 13.7% |
| Current assets29/58 | €566k | €636k | €779k | €790k | €964k | ▲ 22.1% |
| Stocks and contracts in progress3 | €245k | €250k | €290k | €288k | €285k | ▼ 1.1% |
| Stocks30/36 | €245k | €250k | €290k | €288k | €285k | ▼ 1.1% |
| Amounts receivable within one year40/41 | €33k | €51k | €256k | €303k | €314k | ▲ 3.8% |
| Trade receivables40 | €18k | €22k | €13k | €13k | €13k | ▼ 0.7% |
| Other amounts receivable41 | €16k | €28k | €243k | €289k | €301k | ▲ 4.0% |
| Cash at bank and in hand54/58 | €285k | €331k | €223k | €195k | €360k | ▲ 84.5% |
| Deferred charges and accrued income490/1 | €3k | €5k | €10k | €4k | €5k | ▲ 25.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €650k | €710k | €828k | €837k | €1.00M | ▲ 19.9% |
| Equity10/15 | €427k | €469k | €585k | €668k | €771k | ▲ 15.4% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €424k | €466k | €579k | €662k | €765k | ▲ 15.5% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | - | - | - |
| Tax-exempt reserves132 | €28k | €28k | €104k | €104k | €104k | = |
| Distributable reserves133 | €395k | €437k | €473k | €559k | €661k | ▲ 18.4% |
| Profit (loss) carried forward14 | €-4k | €-4k | - | - | - | - |
| Amounts payable17/49 | €223k | €241k | €243k | €168k | €232k | ▲ 37.7% |
| Amounts payable after more than one year17 | €40k | €22k | €5k | - | - | - |
| Financial debts170/4 | €40k | €22k | €5k | - | - | - |
| Amounts payable within one year42/48 | €183k | €219k | €238k | €168k | €231k | ▲ 37.6% |
| Current portion of amounts payable after more than one year42 | €17k | €17k | €17k | €5k | - | - |
| Trade debts44 | €149k | €171k | €197k | €150k | €151k | ▲ 1.2% |
| Suppliers440/4 | €149k | €171k | €197k | €150k | €151k | ▲ 1.2% |
| Taxes, remuneration and social security45 | €17k | €14k | €24k | €13k | €40k | ▲ 197% |
| Taxes450/3 | €9k | €6k | €9k | €5k | €27k | ▲ 492% |
| Remuneration and social security454/9 | €8k | €8k | €15k | €9k | €13k | ▲ 43.3% |
| Other amounts payable47/48 | - | €17k | - | - | €40k | - |
| Accrued charges and deferred income492/3 | €36 | - | - | - | €203 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29k | €59k | €116k | €83k | €143k | ▲ 71.0% |
| + Depreciation and write-downs630 | €28k | €23k | €24k | €18k | €10k | ▼ 45.1% |
| Operating cash flow (approximation) | €57k | €82k | €140k | €101k | €152k | ▲ 50.7% |
| Investment in fixed assets (approximation) | - | €-15k | €1k | €-15k | €-1k | ▲ 89.9% |
| Change in cash | - | €45k | €-108k | €-28k | €165k | ▲ 699% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €143k ▲71%
Operating result €199k, net result €143k, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €500kEq €585k ▲24.8%
6 profitable years in a row build equity to €585k.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Geetbets · 1 establishment unit since 1976
Ground area
3,314 m²
Building footprint
1,924 m²
Volume, LiDAR
8,689 m³
Parcel 24095D0247/00V002, Flanders · tallest building 14.5 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
PVBA DROOGMANS
since 19762.012.003.593
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24095D0247/00V002 | Flanders | 3,314 m² | 1 · 1,924 m² | 14.5 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGeetbets2.012.003.593
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Of 1,228 companies in sector 46851 we hold annual accounts for 516. 347 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-03-1976
Fiscal year end31-12
Activities, NACEBEL 2025
46851Wholesale of industrial chemicals
47761Retail sale of flowers, plants, seeds and fertilisers
46120Wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.