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Drowa

Active
Private limited companyfounded 2009active for 17 yearsGrote Baan 120, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0811.067.874
Summary

Drowa has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €354,825 and a net result of €98,771. Equity is growing by about 28% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Manufacture of motor vehicles, trailers and semi-trailers
NACE 29202
1 site
Size
≈ €1.0mturnover 2026, estimated
Staff
3.7 FTE
Equity
€354,825
Profit
€98,771
Turnover estimated from the gross margin
Financial health
96 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.1%
Structure
2026 accounts 18 days early1 of 3 deeds summarised
Why 96lowers riskEquity €354,825 (51.2% of total assets)Liquidity: current ratio 1.82, cash €93,116Figures for financial year 2026 (filed 17-10-2026)Founded in 2009Show the evidence

Checked score

Score 2026
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 65% of its sector peers (NACE 29, micro)
Financial strength · tick = 2025
Strong
Solvency 76+13
equity 51.2% of total assets
Liquidity 43-1
short-term debt 48.8% · cash 13.4%
Profitability 87+3
return on assets 14.3%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (228 companies, NACE 29, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.3%▲ +0.1 percentage points vs 08-2025 10-2025: 0.4%▲ +0.1 percentage points vs 09-2025highest value 11-2025: 0.1%▼ -0.3 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.2%▲ +0.1 percentage points vs 08-2026 10-2026: 0.1%▼ -0.1 percentage points vs 09-2026lowest value
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.82, compared with 1.63 in 2025, above the usual 1.5; short-term debt: 48.8% and cash: 13.4% of total assets), and 48.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 29, micro): better than 57% on solvency, 38% on liquidity, 78% on profitability and 85% on growth.

The bankruptcy probability was computed on 28-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskneutral
lowers risk · Equity €354,825 (51.2% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.82, cash €93,116
NBB · annual accounts
lowers risk · Figures for financial year 2026 (filed 17-10-2026)
NBB · annual accounts
lowers risk · Founded in 2009
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 13-10-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
18 days early
2025
9 days early
2024
2 days early
2023
28 days early
2022
7 days late
2021
212 days late
2020
26 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 27 days after the deadline; the sector median (NACE 29) for financial year 2024 is 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 22 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
29-10-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · abbreviated…
  2. Highest result from 2019 to 2026net €98,771 ▲18.6%
  3. Annual accounts filedfinancial year 2025 · abbreviated…

Financials · financial year 2026, abbreviated format

Turnover
≈ €1.0m
Estimated: probably between €620,000 and €1.7m
Total assets
€692,722▲ 3.3%
2025 · €670,735
Net result
€98,771▲ 18.6%
2025 · €83,301
Working capital
€275,605▲ 17.8%
2025 · €233,936
Trend over the years

2022 to 2026, 5 financial years 2019 to 2026, 8 financial years

The operating result has risen four years in a row; 2026 is 16% above 2025 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€146,638 2026 Net result€98,771 2026

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 29, Manufacture of motor vehicles, trailers and semi-trailers: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20192020202120222023202420252026
Operating result€16,500-€26,739▲ 62.1%-€15,635€15,719€51,873▲ 230%€110,826▲ 114%€126,251▲ 13.9%€146,638▲ 16.1%
Net result€4,636-€14,625▲ 215%-€16,618below the sector's middle half€8,780within the sector's middle half€28,067within the sector's middle half▲ 220%€73,357within the sector's middle half▲ 161%€83,301within the sector's middle half▲ 13.6%€98,771▲ 18.6%
Equity€64,541-€79,166▲ 22.7%€62,548below the sector's middle half▼ 21.0%€71,328below the sector's middle half▲ 14.0%€99,396within the sector's middle half▲ 39.3%€172,753below the sector's middle half▲ 73.8%€256,054within the sector's middle half▲ 48.2%€354,825▲ 38.6%
Total assets€711,279-€449,186▼ 36.8%€539,909below the sector's middle half▲ 20.2%€585,839below the sector's middle half▲ 8.5%€585,024above the sector's middle half▼ 0.1%€693,416below the sector's middle half▲ 18.5%€670,735within the sector's middle half▼ 3.3%€692,722▲ 3.3%
Debt€646,738-€370,020▼ 42.8%€477,361▲ 29.0%€514,510▲ 7.8%€485,628▼ 5.6%€520,664▲ 7.2%€414,681▼ 20.4%€337,896▼ 18.5%
Working capital€57,236-€50,182▼ 12.3%€19,390below the sector's middle half▼ 61.4%€21,125below the sector's middle half▲ 8.9%€63,035within the sector's middle half▲ 198%€150,037below the sector's middle half▲ 138%€233,936within the sector's middle half▲ 55.9%€275,605▲ 17.8%
Solvency9.1%-17.6%▲ 8.6pp11.6%below the sector's middle half▼ 6.0pp12.2%below the sector's middle half▲ 0.6pp17.0%below the sector's middle half▲ 4.8pp24.9%below the sector's middle half▲ 7.9pp38.2%within the sector's middle half▲ 13.3pp51.2%▲ 13.0pp
Current ratio1.09-1.14▲ 0.051.04below the sector's middle half▼ 0.101.04below the sector's middle half=1.13within the sector's middle half▲ 0.091.32below the sector's middle half▲ 0.191.63within the sector's middle half▲ 0.311.82▲ 0.19
Return on assets (ROA)0.7%-3.3%▲ 2.6pp-3.1%below the sector's middle half▼ 6.3pp1.5%within the sector's middle half▲ 4.6pp4.8%within the sector's middle half▲ 3.3pp10.6%within the sector's middle half▲ 5.8pp12.4%above the sector's middle half▲ 1.8pp14.3%▲ 1.8pp
Staff (FTE)4-3.9▼ 2.5%3.2below the sector's middle half▼ 17.9%3below the sector's middle half▼ 6.3%3within the sector's middle half3.9within the sector's middle half▲ 30.0%3.7▼ 5.1%
above within below the middle half of NACE 29, Manufacture of motor vehicles, trailers and semi-trailers: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €692,722
Fixed assets €79,220 ▲ 25.9%
Current assets €613,501 ▲ 0.9%
Equity and liabilities €692,722
Equity €354,825 ▲ 38.6%
Debt €337,896 ▼ 18.5%
Debt's share of the balance-sheet total falls from 61.8% to 48.8%. Equity is higher and debt is lower.
Key figures and ratios
2026 value · change against 2025
EBITDA
€167,256▲
2025 · €152,621
Cash flow
€119,390▲
2025 · €109,671
Quick ratio
0.82▲
2025 · 0.81
Debt to equity
0.95▼
2025 · 1.62
ROE
27.8%▼
2025 · 32.5%
Interest coverage
57.81▲
2025 · 33.25
Debt ≤ 1 year
€337,896▼
2025 · €373,879
Debt > 1 year
€0▼
2025 · €20,000
Income taxes
€45,258▲
2025 · €39,445
Staff costs
€264,123▲
2025 · €211,142
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,693 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% still going

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 34,693 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 56 lines
Balance sheet Code20252026
Assets
Total assets20/58€670,735€692,722▲
Fixed assets21/28€62,920€79,220▲
Tangible fixed assets22/27€62,920€79,220▲
Plant, machinery and equipment23€36,997€31,672▼
Furniture and vehicles24€25,923€47,549▲
Current assets29/58€607,815€613,501▲
Stocks and contracts in progress3€305,324€337,265▲
Stocks30/36€211,074€243,265▲
Contracts in progress37€94,250€94,000▼
Amounts receivable within one year40/41€175,102€172,290▼
Trade receivables40€168,825€130,205▼
Other amounts receivable41€6,277€42,085▲
Cash at bank and in hand54/58€120,964€93,116▼
Deferred charges and accrued income490/1€6,425€10,830▲
Equity and liabilities
Total equity and liabilities10/49€670,735€692,722▲
Equity10/15€256,054€354,825▲
Contributions10/11€18,600€18,600=
Reserves13€234,510€336,225▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€234,510€336,225▲
Profit (loss) carried forward14€2,944€0▼
Amounts payable17/49€414,681€337,896▼
Amounts payable after more than one year17€20,000€0▼
Financial debts170/4€20,000€0▼
Amounts payable within one year42/48€373,879€337,896▼
Financial debts43€38€0▼
Credit institutions430/8€38€0▼
Trade debts44€160,819€130,915▼
Suppliers440/4€160,819€130,915▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€40,139€33,342▼
Taxes450/3€15,006€10,489▼
Remuneration and social security454/9€25,133€22,854▼
Other amounts payable47/48€172,883€173,639▲
Accrued charges and deferred income492/3€20,802€0▼
Income statement Code20252026
Non-recurring operating income76A€678€1,300▲
Remuneration, social security and pensions62€211,142€264,123▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26,370€20,618▼
Other operating charges640/8€2,122€1,511▼
Non-recurring operating charges66A-€639
Gross operating margin9900€365,884€433,529▲
Operating profit (loss)9901€126,251€146,638▲
Financial income75/76B€1,086€285▼
Recurring financial income75€1,086€285▼
Financial charges65/66B€4,590€2,893▼
Recurring financial charges65€4,590€2,893▼
Profit (loss) for the period before taxes9903€122,747€144,029▲
Income taxes67/77€39,445€45,258▲
Profit (loss) for the period9904€83,301€98,771▲
Profit (loss) for the period to be appropriated9905€83,301€98,771▲
Appropriation of the result
Profit (loss) to be appropriated9906€86,194€101,715▲
Profit (loss) brought forward from the previous period14P€2,893€2,944▲
Transfer to equity691/2€83,250€101,715▲
To other reserves6921€83,250€101,715▲
Social balance sheet
Average headcount (FTE)90873.93.7▼

The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023202420252026Change
Non-recurring operating income76A------€678€1,300▲ 91.7%
Remuneration, social security and pensions62--€155,673€148,730€165,224€166,009€211,142€264,123▲ 25.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,435€14,252€13,773€14,311€20,534€27,044€26,370€20,618▼ 21.8%
Other operating charges640/8--€1,604€1,763€1,503€1,643€2,122€1,511▼ 28.8%
Non-recurring operating charges66A-------€639-
Gross operating margin9900€194,839€222,747€155,415€180,524€239,135€305,522€365,884€433,529▲ 18.5%
Operating profit (loss)9901€16,500€26,739-€15,635€15,719€51,873€110,826€126,251€146,638▲ 16.1%
Financial income75/76B--€1,721€1,550€521€1,253€1,086€285▼ 73.8%
Recurring financial income75€589€1,524€1,721€1,550€521€1,253€1,086€285▼ 73.8%
Financial charges65/66B--€3,499€8,382€10,295€4,003€4,590€2,893▼ 37.0%
Recurring financial charges65€7,294€6,323€3,499€8,382€10,295€4,003€4,590€2,893▼ 37.0%
Profit (loss) for the period before taxes9903€9,795€21,939-€17,413€8,888€42,099€108,076€122,747€144,029▲ 17.3%
Income taxes67/77€5,158€7,314-€795€107€14,032€34,719€39,445€45,258▲ 14.7%
Profit (loss) for the period9904€4,636€14,625-€16,618€8,780€28,067€73,357€83,301€98,771▲ 18.6%
Profit (loss) for the period to be appropriated9905€4,636€14,625-€16,618€8,780€28,067€73,357€83,301€98,771▲ 18.6%
Line20192020202120222023202420252026Change
Assets
Total assets20/58€711,279€449,186€539,909€585,839€585,024€693,416€670,735€692,722▲ 3.3%
Fixed assets21/28€24,228€39,870€50,041€53,522€36,894€72,439€62,920€79,220▲ 25.9%
Tangible fixed assets22/27€24,115€39,763€50,041€53,522€36,894€72,439€62,920€79,220▲ 25.9%
Plant, machinery and equipment23--€14,256€9,450€7,469€31,799€36,997€31,672▼ 14.4%
Furniture and vehicles24--€35,785€44,072€29,425€40,640€25,923€47,549▲ 83.4%
Financial fixed assets28€112€107-------
Current assets29/58€687,051€409,316€489,867€532,316€548,130€620,977€607,815€613,501▲ 0.9%
Stocks and contracts in progress3€178,266€178,817€254,449€354,444€318,954€254,162€305,324€337,265▲ 10.5%
Stocks30/36--€186,149€222,444€240,454€212,162€211,074€243,265▲ 15.3%
Contracts in progress37--€68,300€132,000€78,500€42,000€94,250€94,000▼ 0.3%
Amounts receivable within one year40/41€346,212€133,483€220,236€167,281€218,157€314,333€175,102€172,290▼ 1.6%
Trade receivables40--€191,094€111,682€216,078€305,822€168,825€130,205▼ 22.9%
Other amounts receivable41--€29,142€55,599€2,079€8,511€6,277€42,085▲ 570%
Cash at bank and in hand54/58€37,922€43,678€15,183€8,069€4,612€41,263€120,964€93,116▼ 23.0%
Deferred charges and accrued income490/1---€2,521€6,407€11,220€6,425€10,830▲ 68.6%
Equity and liabilities
Total equity and liabilities10/49€711,279€449,186€539,909€585,839€585,024€693,416€670,735€692,722▲ 3.3%
Equity10/15€64,541€79,166€62,548€71,328€99,396€172,753€256,054€354,825▲ 38.6%
Contributions10/11€18,600-€18,600€18,600€18,600€18,600€18,600€18,600=
Reserves13€35,760€50,260€50,260€50,260€78,260€151,260€234,510€336,225▲ 43.4%
Non-distributable reserves130/1--€1,860€1,860€1,860€1,860€0--
Reserves not available under the articles1311---€1,860€1,860€1,860€0--
Other1319--€1,860------
Distributable reserves133--€48,400€48,400€76,400€149,400€234,510€336,225▲ 43.4%
Profit (loss) carried forward14€10,181€10,306-€6,312€2,468€2,536€2,893€2,944€0▼ 100%
Amounts payable17/49€646,738€370,020€477,361€514,510€485,628€520,664€414,681€337,896▼ 18.5%
Amounts payable after more than one year17€16,923€10,885€6,884€2,786€0€30,000€20,000€0▼ 100%
Financial debts170/4--€6,884€2,786€0€30,000€20,000€0▼ 100%
Amounts payable within one year42/48€629,815€359,134€470,477€511,191€485,095€470,940€373,879€337,896▼ 9.6%
Current portion of amounts payable after more than one year42--€4,002€4,097€2,786€0---
Financial debts43--€87,250€60,000€35,729€5,739€38€0▼ 100%
Credit institutions430/8--€87,250€60,000€35,729€5,739€38€0▼ 100%
Trade debts44€480,401€308,201€342,000€420,415€405,968€223,325€160,819€130,915▼ 18.6%
Suppliers440/4--€342,000€420,415€405,968€223,325€160,819€130,915▼ 18.6%
Advances received on contracts in progress46--€300€300€300€300€0--
Taxes, remuneration and social security45--€32,982€17,036€38,753€69,453€40,139€33,342▼ 16.9%
Taxes450/3--€9,303€528€20,420€52,083€15,006€10,489▼ 30.1%
Remuneration and social security454/9--€23,679€16,507€18,334€17,369€25,133€22,854▼ 9.1%
Other amounts payable47/48--€3,943€9,343€1,558€172,123€172,883€173,639▲ 0.4%
Accrued charges and deferred income492/3---€533€533€19,724€20,802€0▼ 100%
Line20192020202120222023202420252026Change
Profit (loss) for the period9904€4,636€14,625-€16,618€8,780€28,067€73,357€83,301€98,771▲ 18.6%
+ Depreciation and write-downs630€16,435€14,252€13,773€14,311€20,534€27,044€26,370€20,618▼ 21.8%
Operating cash flow (approximation)€21,071€28,877-€2,845€23,092€48,601€100,401€109,671€119,390▲ 8.9%
Investment in fixed assets (approximation)--€29,895-€23,944-€17,792-€3,906-€62,589-€16,851-€36,919▼ 119%
Change in cash-€5,756-€28,495-€7,113-€3,457€36,651€79,701-€27,847-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 17 filings with the National Bank
Financial year Type Filed Reference
31-03-2026 abbreviated format 13-10-2026 2026-00561821
31-03-2025 abbreviated format 22-10-2025 2025-00547285
31-03-2024 abbreviated format 29-10-2024 2024-00518720
31-03-2023 micro format 03-10-2023 2023-00475267
31-03-2022 abbreviated format 07-11-2022 2022-20517804
31-03-2021 abbreviated format 31-05-2022 2022-20039139
31-03-2020 abbreviated format 26-11-2020 2020-72100068
31-03-2019 abbreviated format 28-10-2019 2019-71500519
31-03-2018 abbreviated format 08-11-2018 2018-71900212
31-03-2017 abbreviated format 03-10-2017 2017-65700085

Show all 17 filings

Similar companies · same sector, comparable size

Of the 129 active companies whose main activity is manufacture of motor vehicles, trailers and semi-trailers (NACE 29202), figures are known for 86. 56 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
under verification, last change in 2024
This board is reconstructed from a single act (24302266). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Droogendijk Lambertus
Director (not named in the articles) · since 02-01-2024
Current
Droogendijk Leendert
Director (not named in the articles) · since 02-01-2024
Current
Droogendijk Peter
Director (not named in the articles) · since 02-01-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
2 of this company's 3 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

3 people since 2024, 3 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Droogendijk Lambertus
  • Manager, until 02-01-2024
  • Director (not named in the articles), from 02-01-2024 to date
Droogendijk Leendert
  • Manager, until 02-01-2024
  • Director (not named in the articles), from 02-01-2024 to date
Droogendijk Peter
  • Manager, until 02-01-2024
  • Director (not named in the articles), from 02-01-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 02-01-2024 Converted to available equity · €20,460

Group and network

Connections & network

3 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

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History

On 9 April 2009, Drowa was incorporated.1 Total assets went from €711,279 in 2019 to €692,722 in 2026 and headcount from 4 to 3.7 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2026

Acts, filings and financial milestones

Next filing, financial year 2027, expected by 31-10-2027
2026
13-10
NBB filing Annual accounts filed
financial year 2026 · abbreviated format
31-03
Financial Highest result from 2019 to 2026net €98,771 ▲18.6%
Operating result €146,638, net result €98,771, both a record.
2025
22-10
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
31-03
Financial Equity above €200,000equity €256,054 ▲48.2%
4 profitable years in a row build equity to €256,054.
2024
29-10
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
31-03
Financial Equity above €150,000equity €172,753 ▲73.8%
3 profitable years in a row build equity to €172,753.
02-01
Gazette deed Resignations: Droogendijk Lambertus, Droogendijk Peter and Droogendijk Leendert
Appointments: Droogendijk Lambertus, Droogendijk Peter and Droogendijk Leendert · Amendment of the articles · Capital conversion15 facts ▸
  • General meeting, 21-12-2023
  • Amendment of the articles (2 times)
  • Capital conversion, “beschikbaar voor uitkering” (deed in Dutch)
  • Capital
  • Director resignation, Droogendijk Lambertus (manager)
  • Director resignation, Droogendijk Peter (manager)
  • Director resignation, Droogendijk Leendert (manager)
  • Director appointment, Droogendijk Lambertus (director (not named in the articles))
  • Director appointment, Droogendijk Peter (director (not named in the articles))
  • Director appointment, Droogendijk Leendert (director (not named in the articles))
  • Director discharge, Droogendijk Lambertus
  • Director discharge, Droogendijk Peter
  • +3 further facts in this act
2023
03-10
NBB filing Annual accounts filed
financial year 2023 · micro format
2022
07-11
NBB filing Annual accounts filed
financial year 2022 · abbreviated format · 7 days late
31-05
NBB filing Annual accounts filed
financial year 2021 · abbreviated format · 212 days late
31-03
Financial Back to profitnet €8,780
Net result €8,780 after one loss-making year.
2021
31-03
Financial Weakest financial yearnet -€16,618
Net result drops to -€16,618, the lowest in the series; recovery starts the following year.
Show earlier events
2020
26-11
NBB filing Annual accounts filed
financial year 2020 · abbreviated format · 26 days late
2019
28-10
NBB filing Annual accounts filed
financial year 2019 · abbreviated format
2018
08-11
NBB filing Annual accounts filed
financial year 2018 · abbreviated format · 8 days late
2017
03-10
NBB filing Annual accounts filed
financial year 2017 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 17 annual accounts filed, the latest 10 are here; all 17 are under Financials.
1 of 3 deeds read
About the unread acts

Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded09-04-2009
Financial year end31-03
Activities, NACEBEL 2025
29202Manufacture of motor vehicles, trailers and semi-trailers
29201Manufacture of motor vehicles, trailers and semi-trailers
E-invoicing
Reachable via Peppol
Peppol ID 0208:0811067874
Also 9925:BE0811067874
Registered 19-12-2024

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Recognitions · licences · registrations

Dual-learning approval

4 ended
Hoeknaadlasser (so)
ended · 2016 to 2021
Lasser beklede elektrode (so)
ended · 2016 to 2021
Lasser MIG/MAG (so)
ended · 2016 to 2021
Lasser TIG (so)
ended · 2016 to 2021

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Sint-Niklaas · 1 establishment unit since 2009
registered office establishment The establishment unit on the map
Ground area
1,910 m²
Building footprint
1,068 m²
Building volume
6,191 m³
Parcel 46017A0982/00E000, Flanders · tallest building 10.1 m. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Drowa
Grote Baan 120, 9100 Sint-NiklaasManufacture of motor vehicles, trailers and semi-trailers
since 2009unit no. 2.177.820.838
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
46017A0982/00E000 Flanders 1,910 m² 1 · 1,068 m² 10.1 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Constructie van aanhangwagens,koetswerk voor bedrijfsauto’s,autobussen en autocars en montage van alle stukken en goederen die er…” (deed in Dutch)
15 activities (deed in Dutch)
  1. Constructie van aanhangwagens,koetswerk voor bedrijfsauto’s,autobussen en autocars en montage van alle stukken en goederen die er rechtstreeks of onrechtstreeks verband met houden.
  2. Het uitbaten van een werkplaats voor metalen constructies.
  3. Het herstellen van koetswerk van personenwagens,vrachtwagens en autocars.
  4. De constructie en assemblage van motorvoertuigen.
  5. Alle activiteiten om een eigen merk van aanhang of marktwagen te ontwerpen.
  6. De verhuur van autovoertuigen en aanhangwagens.
  7. Aan en verkoop zowel klein als groothandel in aanhangwagens en aanverwante artikelen.
  8. Het waarnemen van de functie van bestuurder,vereffenaar,manager of gemandateerde in ondernemingen en vennootschappen.
  9. De vennootschap is gerechtigd alle industriële,handels-,financiële-,roerende en onroerende handelingen te verrichten die rechtstreeks of onrechtstreeks bij het voorwerp aansluiten of er de verwezenlijking van kunnen bevorderen.
  10. De vennootschap mag door middel van inbreng,samensmelting,inschrijving of om het even op welke wijze,deelnemen aan alle ondernemingen en vennootschappen,die een gelijkaardig of verwant voorwerp nastreven.
  11. De vennootschap kan leningen en voorschotten toestaan onder eender welke vorm of duur,aan de vennoten en alle verbonden ondernemingen of ondernemingen waarin ze een participatie bezit,alsmede het waarborgen van alle verbintenissen van zelfde ondernemingen.
  12. Het verwerven,beheren,valoriseren en cederen van alle roerende en onroerende goederen of rechten,onder gelijk welke vorm,zowel in volle eigendom,in naakte eigendom als in vruchtgebruik,zowel in binnen en buitenland,met uitsluiting van handelingen als vastgoedmakelaar.
  13. Onrerende goederen verwerven,bouwen,opschikken,uitrusten en opbouwen.
  14. Haar nroerende goederen vervreemden met het oog op wederbelegging en opbrengst.
  15. Haar nroerende goederen in hypotheek stellen en al haar goederen in pand stellen en aval verlenen voor alle leningen,kredietopeningen en andere verbintenissen,zowel voor haarzelf als voor alle derden.

The full purpose is in the deed

Name clauseThe name the company operates under according to its articles.
DROWA
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, Vlaamse Gewest” (deed in Dutch)

deed of 02-01-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, bestuursorgaan” (deed in Dutch)
“Behalve deze die wet of statuten aan algemene vergadering voorbehouden, geheel van bevoegdheden aan hem toegekend” (deed in Dutch)

deed of 02-01-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Monday of September at 11:00

deed of 02-01-2024

Oversight and winding up

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Goederen nog in natura opzelfde wijze, na aanzuivering schulden,lasten,kosten vereffening of consignatie nodige sommen en bij niet…” (deed in Dutch)

deed of 02-01-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Alleen of gezamenlijk optreden, dagelijks bestuur” (deed in Dutch)
Other provision: “Toegang algemene vergadering, rechten niet geschorst” (deed in Dutch)
Other provision: “Stemming, wettelijke en statutaire bepalingen aandelen zonder stemrecht” (deed in Dutch)
Other provision: “Bestemming winst-interimdividend, algemene vergadering” (deed in Dutch)
Other provision: “Nettingovereenkomsten, bij samenloop gecompenseerd ten titel van schuldvergelijking” (deed in Dutch)

deed of 02-01-2024