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DRUON RD

Active
Public limited companyfounded 200025 yrs activeNew Yorkkaai 73, 2000 Antwerpen, BelgiumKBO/BCE: BE 0473.013.966
Summary

DRUON RD has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of -€41,947. Equity is shrinking by ~23.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 80% of 4616 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability66▲+50
Solvency100▲+56
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110,000 at 30 days acceptable
Liquidity ample (current ratio 11.34 against 5.25 in 2024; short-term debt: 2.9% and cash: 0.9% of total assets), and 20% 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

Six 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
Real estate activities (NACE 68)
about 43% fewer 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 25 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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
80%
Return on assets
-2.4%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€41,947
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-07-2026, 5 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
5 d early
2024
1 d early
2023
2 d early
2022
4 d early
2021
3 d early
2020
31 d late
2019
8 d early
← 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 1 day after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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 28 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 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

DRUON RD was incorporated on 11 October 2000.1 The registered office was moved to Antwerpen in 2026.2 Total assets fell from EUR 21 million in 2018 to EUR 1.8 million in 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 28-05-2026
  3. 3National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€41,947▲ 70.1%
2024 · -€140,101
Working capital
€525,691▼ 89.9%
2024 · €5.2m
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€427,494-€1.7m€637,045-€32,270€51,882
Net result-€140,120below the sector's middle half▲ 68.8%-€2.0mbelow the sector's middle half▼ 1,334%€485,125above the sector's middle half-€140,101below the sector's middle half-€41,947below the sector's middle half▲ 70.1%
Equity€3.2mabove the sector's middle half▼ 10.8%€1.2mwithin the sector's middle half▼ 62.5%€1.6mabove the sector's middle half▲ 31.1%€1.4mwithin the sector's middle half▼ 8.9%€1.4mwithin the sector's middle half▼ 2.9%
Total assets€9.0mabove the sector's middle half▼ 13.5%€6.9mabove the sector's middle half▼ 23.3%€7.9mabove the sector's middle half▲ 15.0%€7.7mabove the sector's middle half▼ 3.5%€1.8mwithin the sector's middle half▼ 77.1%
Debt€3.2m▼ 27.5%€5.7m▲ 79.6%€6.4m▲ 11.5%€6.2m▼ 2.2%€351,165▼ 94.4%
Working capital€4.8mabove the sector's middle half▲ 7.4%€5.0mabove the sector's middle half▲ 2.2%€5.4mabove the sector's middle half▲ 8.7%€5.2mabove the sector's middle half▼ 3.0%€525,691within the sector's middle half▼ 89.9%
Solvency35.7%within the sector's middle half▲ 1.1pp17.5%within the sector's middle half▼ 18.3pp19.9%within the sector's middle half▲ 2.5pp18.8%within the sector's middle half▼ 1.1pp80.0%above the sector's middle half▲ 61.1pp
Current ratio2.82above the sector's middle half▼ 0.559.04above the sector's middle half▲ 6.225.09above the sector's middle half▼ 3.955.25above the sector's middle half▲ 0.1711.34above the sector's middle half▲ 6.09
Return on assets (ROA)-1.6%below the sector's middle half▲ 2.8pp-29.1%below the sector's middle half▼ 27.5pp6.1%above the sector's middle half▲ 35.2pp-1.8%below the sector's middle half▼ 7.9pp-2.4%below the sector's middle half▼ 0.6pp
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€3.0m-€2.0m-€1.0m€0€1.0mOperating result 2021: €427,494€427,494Net result 2021: -€140,120-€140,120Operating result 2022: -€1.7m-€1.7mNet result 2022: -€2.0m-€2.0mOperating result 2023: €637,045€637,045Net result 2023: €485,125€485,125Operating result 2024: -€32,270-€32,270Net result 2024: -€140,101-€140,101Operating result 2025: €51,882€51,882Net result 2025: -€41,947-€41,94720212022202320242025-€200,000€0€200,000€400,000€600,000Operating result 2023: €637,045€637,000Net result 2023: €485,125€485,000Operating result 2024: -€32,270-€32,300Net result 2024: -€140,101-€140,000Operating result 2025: €51,882€51,900Net result 2025: -€41,947-€41,900202320242025
The operating result returns to profit in 2025: €51,882 after a loss of €32,270 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets €1.2m ▼ 2.3%
Current assets €576,512 ▼ 91.1%
Equity and liabilities €1.8m
Equity €1.4m ▼ 2.9%
Debt €351,165 ▼ 94.4%
Debt's share of the balance-sheet total falls from 81.2% to 20.0%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€79,064▲
2024 · -€4,598
Cash flow
-€14,764▲
2024 · -€112,429
Debt to equity
0.25▼
2024 · 4.31
ROE
-3.0%▲
2024 · -9.7%
Interest coverage
6.10▲
2024 · -0.04
Debt ≤ 1 year
€50,821▼
2024 · €1.2m
Debt > 1 year
€299,279▼
2024 · €5.0m
Income taxes
€80,863▲
2024 · €576
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.1% stopped otherwise
94% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,340 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% 1.8%
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% 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 8,611 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 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€7.7m€1.8m▼
Fixed assets21/28€1.2m€1.2m▼
Tangible fixed assets22/27€1.2m€1.2m▼
Land and buildings22€1.2m€1.2m▼
Financial fixed assets28€6,200€6,200=
Current assets29/58€6.5m€576,512▼
Amounts receivable within one year40/41€6.4m€559,950▼
Trade receivables40-€10,250
Other amounts receivable41€6.4m€549,700▼
Cash at bank and in hand54/58€15,351€16,562▲
Equity and liabilities
Total equity and liabilities10/49€7.7m€1.8m▼
Equity10/15€1.4m€1.4m▼
Contributions10/11€1.3m€1.3m=
Capital10€1.3m€1.3m=
Issued capital100€1.3m€1.3m=
Reserves13€132,534€132,534=
Non-distributable reserves130/1€132,534€132,534=
Legal reserve130€132,534€132,534=
Profit (loss) carried forward14-€15,431-€57,378▼
Amounts payable17/49€6.2m€351,165▼
Amounts payable after more than one year17€5.0m€299,279▼
Financial debts170/4€5.0m€299,279▼
Amounts payable within one year42/48€1.2m€50,821▼
Current portion of amounts payable after more than one year42€46,479€48,034▲
Trade debts44€871€402▼
Suppliers440/4€871€402▼
Taxes, remuneration and social security45€27,836-
Taxes450/3€27,836-
Other amounts payable47/48€1.2m€2,385▼
Accrued charges and deferred income492/3-€1,065
Income statement Code20242025
Non-recurring operating income76A-€35,000
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27,672€27,182▼
Other operating charges640/8€8,134€1,118▼
Gross operating margin9900€3,536€80,183▲
Operating profit (loss)9901-€32,270€51,882▲
Financial charges65/66B€107,255€12,965▼
Recurring financial charges65€107,255€12,965▼
Profit (loss) for the period before taxes9903-€139,525€38,917▲
Income taxes67/77€576€80,863▲
Profit (loss) for the period9904-€140,101-€41,947▲
Profit (loss) for the period to be appropriated9905-€140,101-€41,947▲
Appropriation of the result
Profit (loss) to be appropriated9906-€15,431-€57,378▼
Profit (loss) brought forward from the previous period14P€124,670-€15,431▼

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A--€490,000-€35,000-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,336€23,336€26,049€27,672€27,182▼ 1.8%
Provisions for liabilities and charges: additions (uses and reversals)635/8€10,629€9,266----
Other operating charges640/8€10,828€6,465€9,856€8,134€1,118▼ 86.2%
Non-recurring operating charges66A€19,205€1.9m----
Gross operating margin9900€491,491€195,831€672,949€3,536€80,183▲ 2,168%
Operating profit (loss)9901€427,494-€1.7m€637,045-€32,270€51,882▲ 261%
Financial income75/76B€63-----
Recurring financial income75€63-----
Financial charges65/66B€309,596€239,472€148,028€107,255€12,965▼ 87.9%
Recurring financial charges65€309,596€239,472€148,028€107,255€12,965▼ 87.9%
Profit (loss) for the period before taxes9903€117,960-€2.0m€489,017-€139,525€38,917▲ 128%
Income taxes67/77€258,080€52,600€3,892€576€80,863▲ 13,950%
Profit (loss) for the period9904-€140,120-€2.0m€485,125-€140,101-€41,947▲ 70.1%
Transfer from tax-exempt reserves789€1.2m-----
Profit (loss) for the period to be appropriated9905€1.1m-€2.0m€485,125-€140,101-€41,947▲ 70.1%
Line20212022202320242025Change
Assets
Total assets20/58€9.0m€6.9m€7.9m€7.7m€1.8m▼ 77.1%
Fixed assets21/28€1.5m€1.3m€1.2m€1.2m€1.2m▼ 2.3%
Tangible fixed assets22/27€1.5m€1.3m€1.2m€1.2m€1.2m▼ 2.3%
Land and buildings22€1.5m€1.3m€1.2m€1.2m€1.2m▼ 2.3%
Financial fixed assets28€6,200€6,200€6,200€6,200€6,200=
Current assets29/58€7.5m€5.6m€6.7m€6.5m€576,512▼ 91.1%
Amounts receivable within one year40/41€7.3m€5.4m€6.7m€6.4m€559,950▼ 91.3%
Trade receivables40----€10,250-
Other amounts receivable41€7.3m€5.4m€6.7m€6.4m€549,700▼ 91.5%
Cash at bank and in hand54/58€202,903€222,415€55,980€15,351€16,562▲ 7.9%
Equity and liabilities
Total equity and liabilities10/49€9.0m€6.9m€7.9m€7.7m€1.8m▼ 77.1%
Equity10/15€3.2m€1.2m€1.6m€1.4m€1.4m▼ 2.9%
Contributions10/11€1.3m€1.3m€1.3m€1.3m€1.3m=
Capital10€1.3m€1.3m€1.3m€1.3m€1.3m=
Issued capital100€1.3m€1.3m€1.3m€1.3m€1.3m=
Reserves13€251,018€251,018€132,534€132,534€132,534=
Non-distributable reserves130/1€132,534€132,534€132,534€132,534€132,534=
Legal reserve130€132,534€132,534€132,534€132,534€132,534=
Tax-exempt reserves132€118,484€118,484----
Profit (loss) carried forward14€1.6m-€368,939€124,670-€15,431-€57,378▼ 272%
Provisions and deferred taxes16€2.6m-----
Provisions for liabilities and charges160/5€2.6m-----
Other liabilities and charges164/5€2.6m-----
Amounts payable17/49€3.2m€5.7m€6.4m€6.2m€351,165▼ 94.4%
Amounts payable after more than one year17€500,000€5.1m€5.0m€5.0m€299,279▼ 94.0%
Financial debts170/4€500,000€5.1m€5.0m€5.0m€299,279▼ 94.0%
Amounts payable within one year42/48€2.7m€616,704€1.3m€1.2m€50,821▼ 95.9%
Current portion of amounts payable after more than one year42-€43,519€44,975€46,479€48,034▲ 3.3%
Trade debts44€13,166€13,255€14,898€871€402▼ 53.9%
Suppliers440/4€13,166€13,255€14,898€871€402▼ 53.9%
Taxes, remuneration and social security45€276,926€21,024€39,626€27,836--
Taxes450/3€276,926€21,024€39,626€27,836--
Other amounts payable47/48€2.4m€538,906€1.2m€1.2m€2,385▼ 99.8%
Accrued charges and deferred income492/3----€1,065-
Line20212022202320242025Change
Profit (loss) for the period9904-€140,120-€2.0m€485,125-€140,101-€41,947▲ 70.1%
+ Depreciation and write-downs630€23,336€23,336€26,049€27,672€27,182▼ 1.8%
Operating cash flow (approximation)-€116,784-€2.0m€511,174-€112,429-€14,764▲ 86.9%
Investment in fixed assets (approximation)-€126,167€76,128-€3,653€0▲ 100%
Change in cash-€19,513-€166,436-€40,629€1,212▲ 103%

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
26-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
28-05
State Gazette act Registered office
Registered-office move2 facts ▸
  • General meeting, 01-04-2026
  • Registered-office move, New Yorkkaai 73 - 2000 Antwerpen
2025
31-12
Financial Liquidity doublescurrent ratio 11.34
Current ratio from 5.25 to 11.34; short-term debt falls from €1.2m to €50,821.
30-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Back to profitnet €485,125
Net result €485,125 after 5 loss-making years.
27-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Weakest financial yearnet -€2.0m
Net result drops to -€2.0m, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity triplescurrent ratio 9.04
Current ratio from 2.82 to 9.04; short-term debt falls from €2.7m to €616,704.
28-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
23-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
31-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 9 acts read
About the unread acts

Of the 9 Belgian State Gazette acts we know for this company, 1 has been read. The other 8 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
9 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2000
seat establishment The establishment unit on the map
Ground area
2,614 m²
Building footprint
1,118 m²
Volume, LiDAR
2,077 m³
2 parcels, Flanders · tallest building 13.9 m, ±4 floors. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
ANTIGOON SD
Gijzelaarsstraat 21 C, 2000 AntwerpenNACE 70201
since 20002.099.930.234
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11807G1457/19R000indicative Flanders 2,293 m² 1 · 927 m² 2.8 m
11811L3705/00H004 Flanders 320 m² 1 · 191 m² 13.9 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Articles of association

Other statement
One provision in the deed

Structure & network

Owners and holdings

1 owner · 1 holding

Chain of control

  1. DRUON INVEST 100%
  2. DRUON RD

Highest known parent: DRUON INVEST. The sources do not say who stands above it.

Owners 1

Holdings 1

According to the 2025 annual accounts of DRUON RD and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 11,749 companies in sector 68310 we hold annual accounts for 6,910. 3,280 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded11-10-2000
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
Contact
Website www.druon.be
E-invoicing
Reachable via Peppol
Peppol ID 0208:0473013966
Registered 27-03-2026

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

Register as of 30 September 2026 · Peppol Directory

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