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DryEco

Active
Public limited companyfounded 20241 yr activeRue de Villers(VIN) 25A, 4520 Wanze, BelgiumKBO/BCE: BE 1018.048.850
Summary

DryEco has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€36,812) and a net result of -€98,312. Its solvency ranks better than 5% of 312 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
Axes
Profitability0
Solvency9
Growth-
Track record67
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.8; short-term debt: 116.3% and cash: 37.6% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
-16.3%
Return on assets
-43.4%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
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 30-06-2026, 31 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
31 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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

DryEco was incorporated on 30 December 2024 as a Public limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 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
-€98,312
Working capital
-€51,814
Balance-sheet composition
Assets €226,494
Fixed assets €15,002
Current assets €211,492
Key figures and ratios
2025 value
EBITDA
-€92,281
Cash flow
-€96,947
Solvency
-16.3%
Current ratio
0.80
Quick ratio
0.33
Debt to equity
-7.15
ROA
-43.4%
Interest coverage
-19.58
Debt
€263,306
Debt ≤ 1 year
€263,306

Peer companies

Historical observation

Of the 1,323 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • under 2 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
3.6% went bankrupt
5.6% stopped otherwise
90% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.2% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.6%
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 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 1,323 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 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€226,494
Fixed assets21/28€15,002
Tangible fixed assets22/27€15,002
Plant, machinery and equipment23€3,949
Other tangible fixed assets26€11,053
Current assets29/58€211,492
Stocks and contracts in progress3€124,555
Stocks30/36€124,555
Amounts receivable within one year40/41€1,070
Trade receivables40€204
Other amounts receivable41€866
Cash at bank and in hand54/58€85,069
Deferred charges and accrued income490/1€798
Equity and liabilities
Total equity and liabilities10/49€226,494
Equity10/15-€36,812
Contributions10/11€61,500
Capital10€61,500
Issued capital100€61,500
Profit (loss) carried forward14-€98,312
Amounts payable17/49€263,306
Amounts payable within one year42/48€263,306
Trade debts44€13,306
Suppliers440/4€13,306
Other amounts payable47/48€250,000
Accrued charges and deferred income492/3€0
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,365
Other operating charges640/8€4,285
Gross operating margin9900-€87,996
Operating profit (loss)9901-€93,646
Financial income75/76B€47
Recurring financial income75€47
Financial charges65/66B€4,713
Recurring financial charges65€4,713
Profit (loss) for the period before taxes9903-€98,312
Profit (loss) for the period9904-€98,312
Profit (loss) for the period to be appropriated9905-€98,312
Appropriation of the result
Profit (loss) to be appropriated9906-€98,312

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,365
Other operating charges640/8€4,285
Gross operating margin9900-€87,996
Operating profit (loss)9901-€93,646
Financial income75/76B€47
Recurring financial income75€47
Financial charges65/66B€4,713
Recurring financial charges65€4,713
Profit (loss) for the period before taxes9903-€98,312
Profit (loss) for the period9904-€98,312
Profit (loss) for the period to be appropriated9905-€98,312
Line2025
Assets
Total assets20/58€226,494
Fixed assets21/28€15,002
Tangible fixed assets22/27€15,002
Plant, machinery and equipment23€3,949
Other tangible fixed assets26€11,053
Current assets29/58€211,492
Stocks and contracts in progress3€124,555
Stocks30/36€124,555
Amounts receivable within one year40/41€1,070
Trade receivables40€204
Other amounts receivable41€866
Cash at bank and in hand54/58€85,069
Deferred charges and accrued income490/1€798
Equity and liabilities
Total equity and liabilities10/49€226,494
Equity10/15-€36,812
Contributions10/11€61,500
Capital10€61,500
Issued capital100€61,500
Profit (loss) carried forward14-€98,312
Amounts payable17/49€263,306
Amounts payable within one year42/48€263,306
Trade debts44€13,306
Suppliers440/4€13,306
Other amounts payable47/48€250,000
Accrued charges and deferred income492/3€0
Line2025
Profit (loss) for the period9904-€98,312
+ Depreciation and write-downs630€1,365
Operating cash flow (approximation)-€96,947

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

2026
30-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
NBB filing
0 of 1 act read
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.

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Directors · office · real estate

Directors
1 act for this company is 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, Wanze · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
3,246 m²
Building footprint
836 m²
Volume, LiDAR
5,185 m³
Parcel 61070A0115/00X003, Wallonia · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DryEco
Rue de Villers(VIN) 25A, 4520 WanzeManufacture of machinery and equipment not elsewhere classified
since 20252.369.322.493
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
61070A0115/00X003 Wallonia 3,246 m² 1 · 836 m² 7.3 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 211 companies in sector 28299 we hold annual accounts for 154. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded30-12-2024
Fiscal year end31-12
Activities, NACEBEL 2025
28299Manufacture of machinery and equipment not elsewhere classified
33120Repair and maintenance of machinery
33200Installation of industrial machinery and equipment
46649Wholesale of other machinery and equipment
Contact
E-mail delnoy@afcompressors.com
Phone +3242544861
E-invoicing
Reachable via Peppol
Peppol ID 0208:1018048850
Also 9925:BE1018048850
Registered 19-09-2025

Register as of 27 September 2026 · Peppol Directory

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