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DRV2

Active
Private limited companyfounded 200421 years activeGrensweg 22, 3690 Zutendaal, BelgiumKBO/BCE: BE 0870.733.960
Summary

The computed 12-month bankruptcy probability of DRV2 is 1.6% (moderate). The 2024 annual accounts show equity of €194,182 and a net result of €35,051. Equity is growing by ~42.1% per year across the filed fiscal years. Its solvency ranks better than 30% of 36,395 sector peers (NACE 43, fiscal year 2024). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
General electrical installation work
NACE 43211
#6 oldest company in Zutendaal, Construction sector1 site
Size
€671,792total assets 2024
Equity
€194,182
Profit
€35,051
Turnover not published (abridged schema)
Financial health
62 Healthy Checked score 2024
Bankruptcy probabilitywithin 12 months
1.6%
Structure
Accounts 69 days overdue0 of 6 deeds read
Why 62- Figures for FY 2024 (filed 24-09-2025)- 1 financial year not filed after the legal deadline; latest accounts 55 days late; 2 of the last 3 late+ Founded in 2004+ Size: total assets €671,792Show the evidence

Checked score

Score 2024
62 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 34% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Weak
Solvency 54+5
equity 28.9% of total assets
Liquidity 24-1
short-term debt 66.0% · cash 7.5%
Profitability 46-6
return on assets 5.2%
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,518 companies)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024lowest value 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.5%▲ +0.1 percentage points vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 0.9%▲ +0.3 percentage points vs 07-2025 09-2025: 1.0%▲ +0.1 percentage points vs 08-2025 10-2025: 0.5%▼ -0.5 percentage points vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.6%▲ +0.1 percentage points vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 1.0%▲ +0.4 percentage points vs 07-2026 09-2026: 1.2%▲ +0.2 percentage points vs 08-2026 10-2026: 1.6%▲ +0.4 percentage points vs 09-2026highest value
Credit up to €12,000 at 30 days acceptable
Liquidity tight (current ratio 1.3 against 1.14 in 2023; short-term debt: 66% and cash: 7.5% of total assets), and 71.1% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 30% on solvency, 14% on liquidity, 22% on profitability and 69% on growth.

The bankruptcy probability was computed on 07-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 24-09-2025)
NBB · annual accounts
lowers risk · Founded in 2004
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Size: total assets €671,792
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 55 days late; 2 of the last 3 late
NBB · filings
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 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
not confirmed
2024
55 days late
2023
50 days late
2022
24 days late
2021
134 days late
2020
122 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 79 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Equity above €150,000Eq €159,130 ▲17.9%

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 69 days late View
  • Positive: Oldest company in Zutendaal, Construction sectorin the Checked rankings #6 View
  • Total assets 20246 fiscal years filed €671,792 View

By topic

Financials

Fiscal year
2024
Total assets
€671,792
Profit
€35,051
Solvency
28.9%
Total assets▲ 1.7%
Net result
20182024
Go to Financials

Timeline

Events
14
Since
2016
  1. 24-08-2023Annual accounts filed
  2. 31-12-2022Equity above €100,000
  3. 12-12-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
22-12-2004
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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