Equity
€29,099 from €77,807 in 2006
Equity fell by 63% in 19 years.
DROSERA
Lifetime
20 annual accounts with figures on one time axis, 39 filings since 1987peak €118,456 (2006)
-€37,057▼ €57,824
lowest -€22,251 (2019)
€39,733▲ 182%
peak €77,807 (2006)
€29,099▲ €29,733
€69,379▲ 201%
peak 2.6 FTE (2006)
-not published
Board5 names since 2020
1 directorPascale Lallemand
Documentsfilings and deeds
25-08-202625 days late
2025micro format
Gross margin from €20,766 to -€37,057Result from €14,108 to €39,733Dividend €10,000Equity from -€634 to €29,099Debts from €23,013 to €69,379Cash from €16,326 to €89,008
Key points
from the 2025 annual accountsDebts
€69,379 70% of the balance sheet
Financial debts 29%Suppliers 42%Taxes and wages 17%Other 12%
Investments
€1,165 1.9 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.40 was 0.86 in 2024
Short-term debts rose from €23,013 to €69,379.
Filings
39 annual accounts since 1987
Six of the last ten came late. The 2020 accounts came latest: 60 days after the end of the period.
Position in the sector
€39,733
Higher net result than 82% of companies in travel agencies. Sector median €5,592 · 559 companies.
Turnover not published (micro format)
Checked score
91
Excellent
Financially stronger than 58% of micro companies in travel agencies (NACE 79)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 1,004 companies (NACE 79, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.7%▲ +0.4 percentage points vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.9%▲ +0.2 percentage points vs 04-2025
06-2025: 1.0%▲ +0.1 percentage points vs 05-2025
07-2025: 1.1%▲ +0.1 percentage points vs 06-2025
08-2025: 1.6%▲ +0.5 percentage points vs 07-2025
09-2025: 1.9%▲ +0.3 percentage points vs 08-2025highest value
10-2025: 0.7%▼ -1.2 percentage points vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.7%● unchanged vs 03-2026
05-2026: 0.8%▲ +0.1 percentage points vs 04-2026
06-2026: 0.9%▲ +0.1 percentage points vs 05-2026
07-2026: 1.0%▲ +0.1 percentage points vs 06-2026
08-2026: 1.6%▲ +0.6 percentage points vs 07-2026
09-2026: 0.2%▼ -1.4 percentage points vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Liquidity: current ratio 1.40, cash €89,008
Founded in 1986
Figures for financial year 2025 (filed on 02-09-2026)
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 79, micro). It does better than 45% of them on solvency, 53% on liquidity, 37% on profitability and 99% 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 very low class on 30-06-2025, 0.1% 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, 3,818 companies had the same profile as DROSERA has now. Each dot stands for 10 companies, two years later.
95.0%
were still trading
3.7%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DROSERA itself: 0.2% 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 3,818 companies, not a prediction for DROSERA. 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 €2,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.4 (0.86 in 2024), below the usual 1.5. Short-term debt is 70.5% and cash 90.4% of total assets. 70.5% 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 · 10 filingsDeviation from the deadline
2025
25 days late
2024
28 days late
2023
40 days early
2022
22 days late
2021
61 days early
2020
60 days late
2019
1 day early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 5 days after the deadline. In the sector (NACE 79), the median for financial year 2024 was 7 days before the deadline, and 35% 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 22 August (4 of the last 5 accounts filed within 61 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0428848579
Purpose change · Amendment of the articles · Legal-form change · Resignations & appointments
Resignation: Patrick Duparque (director) · Appointments: Pascale Lallemand (director), Romain Duparque (alternate director) and Camille Duparque (alternate director) · Permanent representative: Pascale Lallemand · General meeting of 23-12-2024 · Gazette deed
New director
Patrick Duparque appointed, Anne-Marie Suquart resigned · General meeting of 24-09-2021 · Gazette deed
Capital decrease of €36,000 to €18,592.01
Capital from €54,592.01 to €18,592.01 · Pascale LALLEMAND holds 375 shares · Patrick DUPARQUE holds 375 shares · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DROSERA Gedinne | €98,478 | -€37,057 | 29.5% | - |
| BANJO - REIZEN Herenthout | €80,944 | -€17,985 | 68.3% | - |
| PARAGONE GROUP Comines-Warneton | €122,053 | -€9,214 | -96.5% | - |
| Bossier Knokke-Heist | €150,423 | -€5,582 | 88.8% | - |
| DECUYPER TRAVEL Tervuren | €165,041 | -€5,630 | 40.3% | - |
| TRANSNICO INTERNATIONAL AND GROUP Uccle | €166,600 | -€15,285 | 88.9% | - |
| BELMA TOURS Ixelles | €183,326 | -€2,311 | 98.9% | - |
These companies have the same main activity as DROSERA: travel agency activities (NACE 79110). They are comparable in size and age: total assets between €80,900 and €183,000, founded between 1984 and 1996.
Official details
Source: KBO- Status
- Active since 28-04-1986Normal situation
- Activity
- Travel agency activitiesNACE 79110and 1 other
- Establishment unit
- 2.037.379.1895575 Gedinne, since 12-05-1986
- Financial year end
- 31 December
- Peppol
- Reachable since 04-12-2025
Insights on DROSERA
DROSERA files the micro format. That format states no turnover. The gross margin fell from €118,456 in 2006 to -€37,057 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DROSERA
- What is the company number of DROSERA?
- The company number of DROSERA is 0428.848.579. The VAT number is the same number with BE in front: BE 0428.848.579.
- Where is DROSERA based?
- The registered office is at Rue du Franc-Bois, Rienne 24, 5575 Gedinne.Company details
- What does DROSERA do?
- According to the KBO register, the main activity is travel agency activities (NACE 79110).
- What is the legal form of DROSERA?
- DROSERA is a private limited company (pre-2019) (BVBA).
- When was DROSERA founded?
- DROSERA was founded on 28-04-1986.
- Is DROSERA still active?
- Yes, DROSERA is an active enterprise in the KBO register.
- How many employees does DROSERA have?
- DROSERA had an average of 0.9 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
- What is the turnover of DROSERA?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
- Is DROSERA profitable?
- In financial year 2025, DROSERA made a profit of €39,733.
- Where can I find the annual accounts of DROSERA?
- DROSERA filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DROSERA due?
- DROSERA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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