Drukkerij Dhondt
ActiveSummary
Drukkerij Dhondt has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €212k and a net result of €-2k. Equity is growing by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 22% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability45▼-1
Solvency29▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity short (current ratio 0.06 against 0.08 in 2024; short-term debt: 25.3% and cash: 0.1% of total assets), and 95.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 9194 sector peers (2025).
NBB · sector comparisonPosition among 9194 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
1 d early
2023
30 d late
2022
on the day
2021
12 d late
2020
61 d late
2019
69 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€212k▼ 1.1%
2024 · €215k
2018: €150k
2019: €141k
2020: €125k
2021: €161k
2022: €162k
2023: €190k
2024: €215k
2018 → 2025
Total assets
€4.78M▲ 16.8%
2024 · €4.09M
2018: €566k
2019: €463k
2020: €260k
2021: €261k
2022: €220k
2023: €2.65M
2024: €4.09M
2018 → 2025
Net result
€-2k
2024 · €25k
2018: €26k
2019: €-9k
2020: €-16k
2021: €36k
2022: €214
2023: €-14k
2024: €25k
2018 → 2025
Working capital
€-1.14M▼ 17.6%
2024 · €-970k
2018: €24k
2019: €-10k
2020: €-55k
2021: €-4k
2022: €21k
2023: €-924k
2024: €-970k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€161k-€162k▲ 0.1%€190k▲ 17.3%€215k▲ 13.2%€212k▼ 1.1%
Operating result€46k-€-105€18k€132k▲ 622%€104k▼ 21.6%
Net result€36k-€214▼ 99.4%€-14k€25k€-2k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 22% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.78M
Fixed assets
€4.71M ▲ 17.6%
Current assets
€70k ▼ 20.8%
Equity and liabilities €4.78M
Equity
€212k ▼ 1.1%
Debt
€4.57M ▲ 17.7%
Debt's share of the balance-sheet total rises from 94.8% to 95.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€392k▲
2024 · €318k
Cash flow
€286k▲
2024 · €211k
Current ratio
0.06▼
2024 · 0.08
Debt to equity
21.51▲
2024 · 18.08
ROE
-1.1%▼
2024 · 11.6%
ROA
0.0%▼
2024 · 0.6%
Interest coverage
3.11▼
2024 · 3.19
Debt ≤ 1 year
€1.21M▲
2024 · €1.06M
Debt > 1 year
€3.35M▲
2024 · €2.82M
Income taxes
€-10k▼
2024 · €13k
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 · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.09M€4.78M▲
Fixed assets21/28€4.00M€4.71M▲
Tangible fixed assets22/27€4.00M€4.71M▲
Land and buildings22€3.80M€4.51M▲
Plant, machinery and equipment23€139k€150k▲
Leasing and similar rights25€67k€51k▼
Current assets29/58€89k€70k▼
Amounts receivable within one year40/41€45k€65k▲
Trade receivables40€10k€3k▼
Other amounts receivable41€35k€62k▲
Cash at bank and in hand54/58€42k€4k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€4.09M€4.78M▲
Equity10/15€215k€212k▼
Contributions10/11€110k€110k=
Capital10€110k€110k=
Issued capital100€110k€110k=
Reserves13€104k€102k▼
Non-distributable reserves130/1€13k€13k=
Legal reserve130€13k€13k=
Tax-exempt reserves132€7k€7k=
Distributable reserves133€84k€82k▼
Amounts payable17/49€3.88M€4.57M▲
Amounts payable after more than one year17€2.82M€3.35M▲
Financial debts170/4€2.82M€3.35M▲
Amounts payable within one year42/48€1.06M€1.21M▲
Current portion of amounts payable after more than one year42€298k€332k▲
Trade debts44€124k€91k▼
Suppliers440/4€124k€91k▼
Taxes, remuneration and social security45€20k€1k▼
Taxes450/3€20k€1k▼
Other amounts payable47/48€617k€787k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€186k€288k▲
Other operating charges640/8€23k€17k▼
Gross operating margin9900€341k€409k▲
Operating profit (loss)9901€132k€104k▼
Financial income75/76B€3k€10k▲
Recurring financial income75€3k€10k▲
Financial charges65/66B€100k€126k▲
Recurring financial charges65€100k€126k▲
Profit (loss) for the period before taxes9903€35k€-12k▼
Transfer from deferred taxes780€3k-
Income taxes67/77€13k€-10k▼
Profit (loss) for the period9904€25k€-2k▼
Transfer from tax-exempt reserves789€6k-
Profit (loss) for the period to be appropriated9905€31k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€31k€-2k▼
Transfer from equity791/2-€2k
Transfer to equity691/2€31k-
To other reserves6921€31k-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
31-12
Financial
Equity above €200kEq €215k ▲13.2%
Equity rises from €190k to €215k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 12 days late
2021
31-12
Financial
Back to profitnet €36k
Net result €36k after 2 loss-making years.
31-12
Financial
Equity above €150kEq €161k ▲28.7%
Equity rises from €125k to €161k.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 69 days late
Show earlier events
2019
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
07-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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
Registered office, Waregem · 1 establishment unit since 1985
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.
Vichtseweg 176A8790 WaregemGround area
3,724 m²
Building footprint
1,528 m²
Volume, LiDAR
7,404 m³
2 parcels, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vichtseweg 176, 8790 Waregem
since 19852.028.202.001
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34453F0491/00R000 | Flanders | 3,219 m² | 1 · 1,415 m² | 9.6 m · 2 fl. |
| 34453F0488/00F000 | Flanders | 504 m² | 1 · 113 m² | 3.6 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,022 companies in sector 68203 we hold annual accounts for 5,986. 4,284 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-10-1985
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.