DRW Construct
ActiveSummary
The computed 12-month bankruptcy probability of DRW Construct is 3.0% (moderate). The 2024 annual accounts show negative equity (-€507) and a net result of -€760. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 6 accounts on average 145 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
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Peer companies
Historical observationOf the 6,940 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.0% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 6,940 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.
| Line | 2018 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | €619 | €666 | €678 | ▲ 1.8% |
| Gross operating margin9900 | -€319 | -€89 | - | - | - | - |
| Operating profit (loss)9901 | -€947 | -€706 | -€619 | -€666 | -€678 | ▼ 1.8% |
| Financial charges65/66B | - | - | €39 | €39 | €83 | ▲ 112% |
| Recurring financial charges65 | €24 | €30 | €39 | €39 | €83 | ▲ 112% |
| Profit (loss) for the period before taxes9903 | -€971 | -€736 | -€658 | -€705 | -€760 | ▼ 7.8% |
| Profit (loss) for the period9904 | -€971 | -€736 | -€658 | -€705 | -€760 | ▼ 7.8% |
| Profit (loss) for the period to be appropriated9905 | -€971 | -€736 | -€658 | -€705 | -€760 | ▼ 7.8% |
| Line | 2018 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1,737 | €1,573 | €1,414 | €1,360 | €1,250 | ▼ 8.1% |
| Formation expenses20 | €1,134 | €1,134 | €1,134 | €1,135 | €1,135 | = |
| Current assets29/58 | €603 | €439 | €280 | €225 | €115 | ▼ 49.0% |
| Cash at bank and in hand54/58 | €603 | €439 | €280 | €225 | €115 | ▼ 49.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1,737 | €1,573 | €1,414 | €1,360 | €1,250 | ▼ 8.1% |
| Equity10/15 | €1,549 | €1,235 | €959 | €253 | -€507 | ▼ 300% |
| Contributions10/11 | €6,200 | €7,600 | €8,600 | €8,600 | €8,600 | = |
| Capital10 | - | - | €8,600 | - | - | - |
| Issued capital100 | - | - | €18,600 | - | - | - |
| Uncalled capital101 | - | - | €10,000 | - | - | - |
| Profit (loss) carried forward14 | -€4,651 | -€6,365 | -€7,641 | -€8,347 | -€9,107 | ▼ 9.1% |
| Amounts payable17/49 | €188 | €338 | €455 | €1,107 | €1,757 | ▲ 58.7% |
| Amounts payable within one year42/48 | €188 | €338 | €455 | €1,107 | €1,757 | ▲ 58.7% |
| Other amounts payable47/48 | - | - | €455 | €1,107 | €1,757 | ▲ 58.7% |
| Line | 2018 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€971 | -€736 | -€658 | -€705 | -€760 | ▼ 7.8% |
| Operating cash flow (approximation) | -€971 | -€736 | -€658 | -€705 | -€760 | ▼ 7.8% |
| Change in cash | - | - | - | -€55 | -€110 | ▼ 102% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44028B0174/00T000 | Flanders | 3,490 m² | 1 · 313 m² | 6.1 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.