DRUGMAN
InactiveDRUGMAN was declared bankrupt on 29-01-2024 (Tribunal de l’entreprise du Hainaut, division Mons); the bankruptcy was closed for insufficient assets by judgment of 08-07-2025, published in the Belgian State Gazette on 17-07-2025.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 03-10-2023, 64 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 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
64 d late
2021
227 d late
2020
122 d late
2019
55 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Turnover
€221k▲ 49.0%
2019 · €148k
2018: €93k
2019: €148k
2018 → 2020
EBIT margin
-4.2%▼ 8.5pp
2019 · 4.3%
2018: 28.2%
2019: 4.3%
2018 → 2020
Net result
€3k
2021 · €-12k
2018: €26k
2019: €6k
2020: €-8k
2021: €-12k
2018 → 2022
Working capital
€5k▲ 317%
2021 · €1k
2018: €19k
2019: €25k
2020: €15k
2021: €1k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Turnover€93k-€148k▲ 59.0%€221k▲ 49.0%
Equity€20k-€26k▲ 31.8%€19k▼ 28.9%€7k▼ 64.9%€10k▲ 47.6%
Operating result€26k-€6k▼ 75.6%€-9k€-11k▼ 24.6%€15k
Net result€26k-€6k▼ 76.0%€-8k€-12k▼ 59.4%€3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €15k after a loss of €11k in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €122k
Fixed assets
€4k ▼ 15.7%
Current assets
€117k ▲ 334%
Equity and liabilities €122k
Equity
€10k ▲ 47.6%
Debt
€112k ▲ 335%
Debt's share of the balance-sheet total rises from 79.7% to 92.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€15k▲
2021 · €-10k
Cash flow
€4k▲
2021 · €-11k
Current ratio
1.05▼
2021 · 1.05
Debt to equity
11.55▲
2021 · 3.92
ROE
32.3%▲
2021 · -184.7%
ROA
2.6%▲
2021 · -37.5%
Interest coverage
43.31▲
2021 · -14.09
Debt ≤ 1 year
€112k▲
2021 · €26k
Income taxes
€3k
Staff costs
€70k▲
2021 · €5k
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 · 2022 against 2021 · 42 lines
Balance sheet
Code20212022
Assets
Total assets20/58€32k€122k▲
Fixed assets21/28€5k€4k▼
Tangible fixed assets22/27€2k€833▼
Furniture and vehicles24€2k€833▼
Financial fixed assets28€4k€4k=
Current assets29/58€27k€117k▲
Amounts receivable within one year40/41€24k€87k▲
Trade receivables40€10k€54k▲
Other amounts receivable41€14k€34k▲
Cash at bank and in hand54/58€3k€30k▲
Deferred charges and accrued income490/1-€136
Equity and liabilities
Total equity and liabilities10/49€32k€122k▲
Equity10/15€7k€10k▲
Contributions10/11€19k€19k=
Reserves13€8k€8k=
Distributable reserves133€8k€8k=
Profit (loss) carried forward14€-20k€-17k▲
Amounts payable17/49€26k€112k▲
Amounts payable within one year42/48€26k€112k▲
Current portion of amounts payable after more than one year42€7k€4k▼
Trade debts44€13k€63k▲
Suppliers440/4€13k€63k▲
Advances received on contracts in progress46-€29k
Taxes, remuneration and social security45€6k€15k▲
Taxes450/3€1k€11k▲
Remuneration and social security454/9€5k€4k▼
Income statement
Code20212022
Remuneration, social security and pensions62€5k€70k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€978€833▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€-4k€87k▲
Operating profit (loss)9901€-11k€15k▲
Financial income75/76B€44€31▼
Recurring financial income75€44€31▼
Financial charges65/66B€742€8k▲
Recurring financial charges65€742€356▼
Non-recurring financial charges66B-€8k
Profit (loss) for the period before taxes9903€-12k€7k▲
Income taxes67/77-€3k
Profit (loss) for the period9904€-12k€3k▲
Profit (loss) for the period to be appropriated9905€-12k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-20k€-17k▲
Profit (loss) brought forward from the previous period14P€-8k€-20k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-07
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise du Hainaut, division Mons · DRUGMAN- LECLERCQ. LES MAISONS CAMPAGNARDES BOULEVARD SAINCTELETTE 39, 7000 MONS. déclarée le 29 janvier 2024 · event 08-07-2025
2024
02-02
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Mons · DRUGMAN-LECLERCQ. LES MAISONS CAMPAGNARDES BOULEVARD SAINCTELETTE 39, 7000 MONS · event 29-01-2024
2023
03-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 64 days late
15-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 227 days late
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
2021
31-12
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series.
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
2020
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 55 days late
2019
06-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
19-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
21-05
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
03-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are 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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ALEXIS COLMANT RUE DU ONZE NOVEMBRE, 9,
7000 MONS- .
Date provisoire de cessation de paiement : 29/01/2024 |
29-01-2024 → 08-07-2025 |