Turnover
Turnover rose in 2024 from €85,828 to €307,889.
Turnover rose in 2024 from €85,828 to €307,889.
DRS CONSTRUCT pays its suppliers 11 days later than in 2023. Customers pay 155 days earlier.
Short-term debts fell from €43,768 to €35,315.
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 52% of them on solvency, 72% on liquidity, 70% on profitability and 99% on growth.
The bankruptcy probability was computed on 08-11-2026 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 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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).
In July 2024, 39,278 companies had the same profile as DRS CONSTRUCT has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DRS CONSTRUCT itself: 2.0% within 12 months.
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 39,278 companies, not a prediction for DRS CONSTRUCT. 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.
Liquidity is ample, with a current ratio of 1.93 (1.11 in 2023), above the usual 1.5. Short-term debt is 51.9% and cash 70.4% of total assets. However, 51.9% of the assets are financed with debt and provisions.
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.
The company filed its last 2 accounts on average 189 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| DRS CONSTRUCT Ronse | €68,099 | €44,220 | 48.1% | - |
| AD HOAK Lochristi | €82,376 | €41,736 | 56.0% | - |
| COLLDRIES Berlare | €63,752 | €53,880 | 31.3% | - |
| NOVOO BUILD Sint-Pieters-Leeuw | €74,760 | €42,857 | 81.4% | - |
| W&N Ganshoren | €75,811 | €41,421 | 48.5% | - |
| MOLD CONSTRUCT Sint-Pieters-Leeuw | €73,158 | €44,058 | 57.4% | - |
| Totaalbouw Litjens Maaseik | €75,323 | €39,218 | 16.0% | - |
These companies have the same main activity as DRS CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €63,800 and €82,400, founded in 2022.
DRS CONSTRUCT has existed since 2022. The present size dates from 2024. Turnover rose that year from €85,828 to €307,889.
Solvency rose in 2024 from 10.6% to 48.1% because of the retained profit and lower debts.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 9 November 2026.
Higher than 52% of 35,955 companies in 2024.
Higher than 53% of 35,353 companies in 2024.
Higher than 92% of 35,537 companies in 2024.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2024 | 2023 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
68,099 | 48,964 | |
20 |
- | 461 | |
29/58 |
68,099 | 48,503 | |
40/41 |
20,140 | 42,165 | |
40 |
18,284 | 41,654 | |
41 |
1,856 | 511 | |
54/58 |
47,959 | 6,338 | |
| Balance sheet: equity and liabilities | |||
10/49 |
68,099 | 48,964 | |
10/15 |
32,784 | 5,196 | |
10/11 |
1,000 | 1,000 | |
13 |
1,789 | 210 | |
130/1 |
1,789 | 210 | |
1311 |
1,789 | 210 | |
14 |
29,996 | 3,986 | |
17/49 |
35,315 | 43,768 | |
42/48 |
35,315 | 43,768 | |
44 |
9,298 | 374 | |
440/4 |
9,298 | 374 | |
46 |
- | 25,005 | |
45 |
12,280 | 7,854 | |
450/3 |
4,426 | - | |
454/9 |
7,854 | 7,854 | |
47/48 |
13,737 | 10,535 | |
| Income statement | |||
70 |
307,889 | 85,828 | |
9900 |
44,220 | 25,970 | |
60/61 |
263,669 | 59,858 | |
62 |
- | 14,116 | |
630 |
461 | 729 | |
640/8 |
14,899 | 6,904 | |
66A |
763 | - | |
9901 |
28,096 | 4,221 | |
65/66B |
203 | 26 | |
65 |
203 | 26 | |
9903 |
27,893 | 4,196 | |
67/77 |
305 | - | |
9904 |
27,588 | 4,196 | |
9905 |
27,588 | 4,196 | |
| Appropriation of the result | |||
9906 |
31,575 | 4,196 | |
14P |
3,986 | - | |
691/2 |
1,579 | 210 | |
6920 |
1,579 | 210 | |
| Document | |||
The notes to these accounts have 1 item. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 08-08-2025.
| Line | Trend | 2024 | 2023 |
|---|---|---|---|
| 28,558 | 4,950 | ||
| 28,050 | 4,925 | ||
| 0 | - | ||
| 41,622 | - | ||
| 32,784 | 4,735 | ||
| 9.1% | 4.9% | ||
| 48.1% | 10.6% | ||
| 1.93 | 1.11 | ||
| 1.08 | 8.42 | ||
| 84.2% | 80.8% | ||
| 40.5% | 8.6% | ||
| over 100 | over 100 | ||
| 22 days | 177 days | ||
| 13 days | 2 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2024 is nearly 6.7 times that of 2023.
Debt's share of the balance-sheet total falls from 89.4% to 51.9%. Equity is higher and debt is lower.
DRS CONSTRUCT has no parent and no holdings in its annual accounts. ABDELLATI Driss is the only director. DRS CONSTRUCT shares no director with another company.
| MANHATTAN
registered office since 17-04-2001 |
founded in 2001 0475.186.172 |
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
DRS CONSTRUCT was incorporated on 12 October 2022 as a private limited company by one natural person, with a starting capital of €1,000.12 ABDELLATI Driss is director of the company, appointed by deed of 14-10-2022.2 The company has filed 2 sets of annual accounts, the latest for financial year 2024.3
| Establishment | Since | Unit number |
|---|---|---|
| Nieuwebrugstraat 27 registered office 9600 Ronse | 12-10-2022 | 2.337.937.550 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 45422C0069/00G004 | 233 m² | 1 · 167 m² | 11.6 m · 1 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0792.389.931
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