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Dry Home Solutions

Active
Private limited companyfounded 201511 yrs activeBegijnenbosstraat 3, 8900 Ieper, BelgiumKBO/BCE: BE 0630.958.274

Dry Home Solutions has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €19k and a net result of €14k. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 26% of 36376 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2024
63 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability92▲+11
Solvency50▼-40
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.15 against 2.36 in 2023; short-term debt: 75.1% and cash: 62.7% of total assets), and 75.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
24.9%
Return on assets
18.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-06-2025, 51 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
51 d early
2023
54 d early
2022
31 d early
2021
48 d early
2020
44 d early
2019
49 d early
← before the deadline after the 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

Financials · fiscal year 2024, micro schema

Equity
€19k▼ 52.4%
2023 · €39k
2018: €26k 2019: €27k 2020: €29k 2021: €29k 2022: €33k 2023: €39k
2018 → 2024
Total assets
€75k▲ 23.5%
2023 · €60k
2018: €50k 2019: €52k 2020: €62k 2021: €75k 2022: €40k 2023: €60k
2018 → 2024
Net result
€14k▲ 138%
2023 · €6k
2018: €5k 2019: €811 2020: €2k 2021: €435 2022: €4k 2023: €6k
2018 → 2024
Working capital
€8k▼ 71.7%
2023 · €29k
2018: €12k 2019: €18k 2020: €23k 2021: €27k 2022: €30k 2023: €29k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€29k-€29k▲ 1.5%€33k▲ 13.3%€39k▲ 17.7%€19k▼ 52.4%
Operating result€2k-€676▼ 72.1%€5k▲ 640%€8k▲ 53.4%€20k▲ 157%
Net result€2k-€435▼ 75.0%€4k▲ 797%€6k▲ 50.6%€14k▲ 138%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5k€10k€15k€20kOperating result 2020: €2k€2kNet result 2020: €2k€2kOperating result 2021: €676€676Net result 2021: €435€435Operating result 2022: €5k€5kNet result 2022: €4k€4kOperating result 2023: €8k€8kNet result 2023: €6k€6kOperating result 2024: €20k€20kNet result 2024: €14k€14k20202021202220232024
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 157% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €75k
Fixed assets €10k▲ 3.8%
Current assets €64k▲ 27.3%
Equity and liabilities €75k
Equity €19k▼ 52.4%
Debt €56k▲ 162%
The debt ratio rises from 35.3% to 75.1%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€23k
2023 · €9k
Cash flow
€17k
2023 · €8k
Solvency
24.9%
2023 · 64.7%
Current ratio
1.15
2023 · 2.36
Quick ratio
1.11
2023 · 2.33
Debt / equity
3.01
2023 · 0.55
ROE
75.4%
2023 · 15.1%
ROA
18.8%
2023 · 9.7%
Interest coverage
133.35
2023 · 269.30
Debt
€56k
2023 · €21k
Debt ≤ 1 year
€56k
2023 · €21k
Income taxes
€6k
2023 · €2k
Staff costs
€18k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€60k€75k
Fixed assets21/28€10k€10k
Tangible fixed assets22/27€10k€10k
Plant, machinery and equipment23€1k€4k
Furniture and vehicles24€9k€7k
Current assets29/58€50k€64k
Stocks and contracts in progress3€605€2k
Stocks30/36€605€672
Contracts in progress37€0€1k
Amounts receivable within one year40/41€17k€8k
Trade receivables40€7k€2k
Other amounts receivable41€10k€6k
Cash at bank and in hand54/58€29k€47k
Deferred charges and accrued income490/1€4k€7k
Equity and liabilities
Total equity and liabilities10/49€60k€75k
Equity10/15€39k€19k
Contributions10/11€19k€19k=
Reserves13€20k€0
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€20k€0
Profit (loss) carried forward14€0€0=
Amounts payable17/49€21k€56k
Amounts payable within one year42/48€21k€56k
Trade debts44€5k€3k
Suppliers440/4€5k€3k
Taxes, remuneration and social security45€1k€3k
Taxes450/3€1k€253
Remuneration and social security454/9-€3k
Other amounts payable47/48€15k€50k
Income statement Code20232024
Remuneration, social security and pensions62-€18k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k
Other operating charges640/8€377€667
Gross operating margin9900€10k€42k
Operating profit (loss)9901€8k€20k
Financial income75/76B€222€344
Recurring financial income75€222€344
Financial charges65/66B€35€169
Recurring financial charges65€35€169
Profit (loss) for the period before taxes9903€8k€20k
Income taxes67/77€2k€6k
Profit (loss) for the period9904€6k€14k
Profit (loss) for the period to be appropriated9905€6k€14k
Appropriation of the result
Profit (loss) to be appropriated9906€19k€14k
Profit (loss) brought forward from the previous period14P€13k€0
Transfer from equity791/2-€20k
Transfer to equity691/2€19k€0
To other reserves6921€19k€0
Profit to be distributed694/7-€34k
Return on contributions (dividend)694-€34k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
10-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €14k ▲138%
Operating result €20k, net result €14k, both a record.
07-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Liquidity triplescurrent ratio 5.17
Current ratio from 1.59 to 5.17; short-term debt falls from €45k to €7k.
13-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet €435 ▼75%
Net result drops to €435, the lowest in the series; recovery starts the following year.
17-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
12-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
17-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
18-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
13-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Ieper · 1 establishment unit since 2015
establishment The establishment unit on the map
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.

Begijnenbosstraat 38900 Ieper
Ground area
1.1 ha
Building footprint
203 m²
Volume, LiDAR
1,058 m³
Parcel 33302B0334/00N000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DHS BVBA
Begijnenbosstraat 3, 8900 IeperSpecialised construction activities
since 20152.242.727.496
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
33302B0334/00N000 Flanders 1.1 ha 1 · 203 m² 8.6 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 288 EUR awarded · 288 EUR paid
Year Entries awardedpaid
2025 1 288 EUR288 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 288 EUR · 288 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 366 companies in sector 43421 we hold annual accounts for 203. 141 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded29-05-2015
Fiscal year end31-12
Abbreviation NL DHS
Activities, NACEBEL
43421Specialised construction activities
43211General electrical installation work
43221Plumbing work
43230Insulation installation
43291Specialised construction activities
43320Joinery installation
43410Roofing work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.