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DRS

Active
Private limited companyfounded 198442 yrs activeDiestersteenweg 162, 3510 Hasselt, BelgiumKBO/BCE: BE 0426.403.882
Summary

DRS has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €143,370 and a net result of €27,097. Equity is shrinking by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 28281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability82▲+39
Solvency100=
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity ample (current ratio 18.05 against 23.35 in 2024; short-term debt: 5.5% and cash: 24.2% of total assets), and 5.5% of the assets are financed with debt.
Credit check for your own amount and term

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

Signals

Five 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 42 years 0 50 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
94.5%
Return on assets
17.9%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €143,370
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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 filings
Deviation from the deadline
2025
20 d late
2024
7 d early
2023
29 d late
2022
9 d early
2021
8 d late
2020
144 d late
2019
31 d 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 31 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

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. Usually files around 8 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

DRS was incorporated on 28 September 1984.1 Total assets fell from EUR 172,042 in 2018 to EUR 151,781 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€143,370▲ 23.3%
2024 · €116,274
Total assets
€151,781▲ 24.9%
2024 · €121,476
Net result
€27,097▲ 1,011%
2024 · €2,440
Working capital
€143,370▲ 23.3%
2024 · €116,274
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€10,332-€8,722▲ 15.6%-€6,132▲ 29.7%€2,625€33,856▲ 1,190%
Net result-€8,566below the sector's middle half-€10,225below the sector's middle half▼ 19.4%-€6,324below the sector's middle half▲ 38.1%€2,440within the sector's middle half€27,097within the sector's middle half▲ 1,011%
Equity€130,383above the sector's middle half▼ 6.2%€120,158within the sector's middle half▼ 7.8%€113,834within the sector's middle half▼ 5.3%€116,274within the sector's middle half▲ 2.1%€143,370above the sector's middle half▲ 23.3%
Total assets€145,028within the sector's middle half▼ 5.6%€136,424within the sector's middle half▼ 5.9%€117,088within the sector's middle half▼ 14.2%€121,476within the sector's middle half▲ 3.7%€151,781within the sector's middle half▲ 24.9%
Debt€14,645▼ 0.1%€16,266▲ 11.1%€3,254▼ 80.0%€5,202▲ 59.9%€8,411▲ 61.7%
Working capital€130,383above the sector's middle half▼ 3.2%€120,158above the sector's middle half▼ 7.8%€113,834above the sector's middle half▼ 5.3%€116,274above the sector's middle half▲ 2.1%€143,370above the sector's middle half▲ 23.3%
Solvency89.9%above the sector's middle half▼ 0.6pp88.1%above the sector's middle half▼ 1.8pp97.2%above the sector's middle half▲ 9.1pp95.7%above the sector's middle half▼ 1.5pp94.5%above the sector's middle half▼ 1.3pp
Current ratio9.90above the sector's middle half▼ 0.288.39above the sector's middle half▼ 1.5235.98above the sector's middle half▲ 27.5923.35above the sector's middle half▼ 12.6318.05above the sector's middle half▼ 5.31
Return on assets (ROA)-5.9%below the sector's middle half▼ 6.6pp-7.5%below the sector's middle half▼ 1.6pp-5.4%below the sector's middle half▲ 2.1pp2.0%within the sector's middle half▲ 7.4pp17.9%above the sector's middle half▲ 15.8pp
Staff (FTE)
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000Operating result 2021: -€10,332-€10,332Net result 2021: -€8,566-€8,566Operating result 2022: -€8,722-€8,722Net result 2022: -€10,225-€10,225Operating result 2023: -€6,132-€6,132Net result 2023: -€6,324-€6,324Operating result 2024: €2,625€2,625Net result 2024: €2,440€2,440Operating result 2025: €33,856€33,856Net result 2025: €27,097€27,09720212022202320242025-€20,000€0€20,000€40,000Operating result 2023: -€6,132-€6,130Net result 2023: -€6,324-€6,320Operating result 2024: €2,625€2,620Net result 2024: €2,440€2,440Operating result 2025: €33,856€33,900Net result 2025: €27,097€27,100202320242025
The operating result has risen four years in a row; 2025 is 1,190% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €151,781
Equity €143,370 ▲ 23.3%
Debt €8,411 ▲ 61.7%
Debt's share of the balance-sheet total rises from 4.3% to 5.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.06▲
2024 · 0.04
ROE
18.9%▲
2024 · 2.1%
Debt ≤ 1 year
€8,411▲
2024 · €5,202
Income taxes
€6,545
Staff costs
€31,159▼
2024 · €40,368
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,338 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
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% 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 31,370 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 · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€121,476€151,781▲
Current assets29/58€121,476€151,781▲
Amounts receivable within one year40/41€116,275€114,310▼
Trade receivables40€92,472€96,295▲
Other amounts receivable41€23,803€18,016▼
Cash at bank and in hand54/58€4,783€36,681▲
Deferred charges and accrued income490/1€418€790▲
Equity and liabilities
Total equity and liabilities10/49€121,476€151,781▲
Equity10/15€116,274€143,370▲
Contributions10/11€18,592€18,592=
Reserves13€1,859€28,956▲
Non-distributable reserves130/1€1,859€1,859=
Reserves not available under the articles1311€1,859€1,859=
Distributable reserves133-€27,097
Profit (loss) carried forward14€95,822€95,822=
Amounts payable17/49€5,202€8,411▲
Amounts payable within one year42/48€5,202€8,411▲
Trade debts44€15-
Suppliers440/4€15-
Taxes, remuneration and social security45€5,114€8,411▲
Taxes450/3€519€3,676▲
Remuneration and social security454/9€4,595€4,734▲
Other amounts payable47/48€73-
Income statement Code20242025
Remuneration, social security and pensions62€40,368€31,159▼
Other operating charges640/8€449€462▲
Gross operating margin9900€43,442€65,477▲
Operating profit (loss)9901€2,625€33,856▲
Financial income75/76B-€7
Recurring financial income75-€7
Financial charges65/66B€185€221▲
Recurring financial charges65€185€221▲
Profit (loss) for the period before taxes9903€2,440€33,641▲
Income taxes67/77-€6,545
Profit (loss) for the period9904€2,440€27,097▲
Profit (loss) for the period to be appropriated9905€2,440€27,097▲
Appropriation of the result
Profit (loss) to be appropriated9906€95,822€122,919▲
Profit (loss) brought forward from the previous period14P€93,383€95,822▲
Transfer to equity691/2-€27,097
To other reserves6921-€27,097

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A€3,967-----
Remuneration, social security and pensions62€53,872€66,456€46,689€40,368€31,159▼ 22.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,190-----
Other operating charges640/8€30,668€4,350€446€449€462▲ 2.8%
Gross operating margin9900€75,398€62,083€41,004€43,442€65,477▲ 50.7%
Operating profit (loss)9901-€10,332-€8,722-€6,132€2,625€33,856▲ 1,190%
Financial income75/76B€3€20€0-€7-
Recurring financial income75€3€20€0-€7-
Financial charges65/66B€596€1,427€192€185€221▲ 19.3%
Recurring financial charges65€191€1,427€192€185€221▲ 19.3%
Non-recurring financial charges66B€405-----
Profit (loss) for the period before taxes9903-€10,925-€10,129-€6,324€2,440€33,641▲ 1,279%
Income taxes67/77-€2,359€96--€6,545-
Profit (loss) for the period9904-€8,566-€10,225-€6,324€2,440€27,097▲ 1,011%
Profit (loss) for the period to be appropriated9905-€8,566-€10,225-€6,324€2,440€27,097▲ 1,011%
Line20212022202320242025Change
Assets
Total assets20/58€145,028€136,424€117,088€121,476€151,781▲ 24.9%
Current assets29/58€145,028€136,424€117,088€121,476€151,781▲ 24.9%
Amounts receivable within one year40/41€137,908€129,755€104,644€116,275€114,310▼ 1.7%
Trade receivables40€76,854€76,566€75,911€92,472€96,295▲ 4.1%
Other amounts receivable41€61,054€53,190€28,733€23,803€18,016▼ 24.3%
Cash at bank and in hand54/58€7,120€6,669€12,026€4,783€36,681▲ 667%
Deferred charges and accrued income490/1--€418€418€790▲ 89.1%
Equity and liabilities
Total equity and liabilities10/49€145,028€136,424€117,088€121,476€151,781▲ 24.9%
Equity10/15€130,383€120,158€113,834€116,274€143,370▲ 23.3%
Contributions10/11€18,592€18,592€18,592€18,592€18,592=
Reserves13€1,859€1,859€1,859€1,859€28,956▲ 1,457%
Non-distributable reserves130/1€1,859€1,859€1,859€1,859€1,859=
Reserves not available under the articles1311€1,859€1,859€1,859€1,859€1,859=
Distributable reserves133----€27,097-
Profit (loss) carried forward14€109,931€99,707€93,383€95,822€95,822=
Amounts payable17/49€14,645€16,266€3,254€5,202€8,411▲ 61.7%
Amounts payable within one year42/48€14,645€16,266€3,254€5,202€8,411▲ 61.7%
Trade debts44€273€15,102€1,163€15--
Suppliers440/4€273€15,102€1,163€15--
Taxes, remuneration and social security45€6,845€1,164€2,018€5,114€8,411▲ 64.5%
Taxes450/3€2,231€309€343€519€3,676▲ 608%
Remuneration and social security454/9€4,614€855€1,674€4,595€4,734▲ 3.0%
Other amounts payable47/48€7,527-€73€73--
Line20212022202320242025Change
Profit (loss) for the period9904-€8,566-€10,225-€6,324€2,440€27,097▲ 1,011%
+ Depreciation and write-downs630€1,190-----
Operating cash flow (approximation)-€7,376-€10,225-€6,324€2,440€27,097▲ 1,011%
Change in cash--€451€5,357-€7,243€31,898▲ 540%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
20-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
20-03
State Gazette act Resignation: BEUTELS Kris (manager)
Appointment: BEUTELS Kris (non-statutory director) · Statutes amendment · Capital11 facts ▸
  • General meeting, 3 maart 2026
  • Statutes amendment
  • Capital, €18.592
  • Reserve release, Statutair onbeschikbare eigen vermogensrekening opgeheven en beschikbaar gemaakt voor uitkering
  • Statutes amendment
  • Share issue, Uitgegeven als vergoeding voor de inbreng, 750
  • Director resignation, BEUTELS Kris (manager)
  • Director appointment, BEUTELS Kris (non-statutory director)
  • Mandate compensation, BEUTELS Kris
  • Registered office, 3510 Hasselt (Kermt), Diestersteenweg 162 bus 3
  • Legal reserve, Wettelijke reserve omgezet in statutair onbeschikbaar eigen vermogen, 1.859,00
2025
31-12
Financial Highest result since 2018net €27,097 ▲1,011%
Operating result €33,856, net result €27,097, both a record.
24-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €2,440
Net result €2,440 after 3 loss-making years.
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial Liquidity quadruplescurrent ratio 35.98
Current ratio from 8.39 to 35.98; short-term debt falls from €16,266 to €3,254.
22-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet -€10,225
Net result drops to -€10,225, the lowest in the series; recovery starts the following year.
08-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
22-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 144 days late
2020
31-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
Show earlier events
2019
31-12
Financial Liquidity triplescurrent ratio 14.28
Current ratio from 4.46 to 14.28; short-term debt falls from €37,087 to €9,974.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts

Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Not every act has been read: a resignation may be missing here
3 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 1984
seat establishment The establishment unit on the map
Ground area
628 m²
Building footprint
283 m²
Volume, LiDAR
2,654 m³
Parcel 71028B0313/00Z009, Flanders · tallest building 13.9 m, ±4 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Direct Repair Service (DRS)
Diestersteenweg 162, 3510 HasseltSupport activities for crop production
since 19842.025.503.718
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71028B0313/00Z009 Flanders 628 m² 1 · 283 m² 13.9 m · 4 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.

Mandate history

1 person since 2026, 0 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
BEUTELS Kris
  • Non-statutory director, from 03-03-2026 to 20-03-2026
See the board, name and seat on a given date →

Articles of association

Purpose
Snoeien van fruitbomen en wijnstokken; Vervaardiging van deuren, ramen, kozijnen, luiken, jaloezieën, plinten, staaflijsten, enz., uit kunststof; Vervaardiging van metalen…
Full purpose

Snoeien van fruitbomen en wijnstokken; Vervaardiging van deuren, ramen, kozijnen, luiken, jaloezieën, plinten, staaflijsten, enz., uit kunststof; Vervaardiging van metalen constructiewerken of gebinten voor de bouw; Onderhouds- en herstellingswerken van mechanische aard voor rekening van derden; Sanering en ander afvalbeheer; Schilderen van markeringen op wegen en parkeerplaatsen; Onderneming voor het boren en aanleggen van waterputten, graven van mijnschachten; Aanbrengen in gebouwen en andere bouwwerken van: thermische isolatiemateriaal - isolatiemateriaal tegen geluid en trillingen; Isolatiewerkzaamheden aan verwarmingsleidingen en leidingen van koelsystemen; Installatie van stores en zonneschermen; Montage van buiten- en binnenschrijnwerk van hout of van kunststof : deuren, vensters, kozijnen, trappen, muurkasten, inbouwkeukens, winkelinrichtingen, enz.; Installatie van al dan niet verplaatsbare tussenwanden, bekleding van wanden, plafonds, enz. in hout of kunststof; Installatie van garagepoorten, luiken, zonneblinden, traliewerk, hekken, enz., in hout of kunststof; Montage van serres, veranda's, enz., in hout of kunststof; Montage van buiten- en binnenschrijnwerk in metaal : deuren, vensters, kozijnen, trappen, muurkasten, inbouwkeukens, winkelinrichtingen, enz.; Installatie van al dan niet verplaatsbare tussenwanden, de bekleding van wanden, plafonds, enz., in metaal; Installatie van garagepoorten, luiken, zonneblinden, traliewerk, hekken, enz., in metaal; Montage van serres, veranda's enz. in metaal; Reinigen van nieuwe gebouwen na beëindiging van de bouwwerkzaamheden; Overige werkzaamheden in verband met de afwerking van gebouwen, n.e.g; Gevelreiniging door middel van zandstralen, met behulp van stoom, enz.; Onderneming voor het uitvoeren van voegwerken; Handel in eigen onroerend goed : flatgebouwen en woningen niet voor bewoning bestemde gebouwen, grond; Verhuur en exploitatie van eigen of geleasd residentieel onroerend goed, exclusief sociale woningen; Verhuur van al dan niet gemeubelde appartementen en huizen; Verhuur en lease van machines en installaties voor de bouwnijverheid en de wegen waterbouw; Verhuur en lease van andere machines en werktuigen en andere materiële goederen; Reinigen van het interieur van allerlei gebouwen, kantoren, fabrieken, werkplaatsen, allerlei commerciële gebouwen, appartementsgebouwen, enz.; Lappen van ramen; Schoorsteenvegen en het schoonmaken van vuurplaatsen, kachels, ovens, ketels van centrale verwarming, ventilatiekanalen en uitlaatsystemen; Andere reinigingsactiviteiten; Reinigen van treinen, bussen, vliegtuigen, schepen, enz., inclusief olietankers; Landschapsverzorging; Snoeien van bomen en heggen; Aanleggen en onderhouden van tuinen, parken en het groene gedeelte van sportvelden; Overige zakelijke dienstverlening, n.e.g.; Renovatie en restauratie van meubels; Reparatie van speelgoed; Reparatie van sport- en kampeerartikelen; Reparatie van gedragen kleding : (onzichtbaar) stoppen, hermazen, retoucheren, enz; Reparatie van diverse artikelen (sleutels, sloten, hakken enz.), inclusief de expresreparaties aan huis; Overige reparaties van consumentenartikelen, n.e.g.

Structure & network

Connections & network

No current directors or connected companies found in the register.

Capital and shareholders

Capital over the years
  1. 20-03-2026 Capital stated in the act · 18,592 EUR

Similar companies · same sector, comparable size

Of 20,026 companies in sector 43320 we hold annual accounts for 9,139. 7,654 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
Founded28-09-1984
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0426403882
Also 9925:BE0426403882
Registered 14-08-2025

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

Register as of 29 September 2026 · Peppol Directory

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