DryProtect
ActiveThe computed 12-month bankruptcy probability of DryProtect is 2.9% (moderate). The 2024 annual accounts show equity of €48k and a net result of €22k. Its solvency ranks better than 37% of 36376 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
81
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency58▼-12
Growth52
Stability94
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.17 against 1.2 in 2023), and 65.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
34.7%
Return on assets
16.1%
Age of the figures
20 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 27-06-2025, 34 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
28 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€48k▲ 86.4%
2023 · €26k
2023: €26k
2023 → 2024
Total assets
€139k▲ 132%
2023 · €60k
2023: €60k
2023 → 2024
Net result
€22k▼ 6.4%
2023 · €24k
2023: €24k
2023 → 2024
Working capital
€11k▲ 59.6%
2023 · €7k
2023: €7k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€26k-€48k▲ 86.4%
Operating result€33k-€37k▲ 14.0%
Net result€24k-€22k▼ 6.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 14% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €139k
Fixed assets
€66k▲ 244%
Current assets
€73k▲ 79.5%
Equity and liabilities €139k
Equity
€48k▲ 86.4%
Debt
€91k▲ 167%
The debt ratio rises from 56.8% to 65.3%: debt grows faster than equity.
Key figures and ratios
EBITDA
€47k▲
2023 · €34k
Cash flow
€32k▲
2023 · €25k
Solvency
34.7%▼
2023 · 43.2%
Current ratio
1.17▼
2023 · 1.20
Quick ratio
1.17▼
2023 · 1.20
Debt / equity
1.88▲
2023 · 1.32
ROE
46.4%▼
2023 · 92.3%
ROA
16.1%▼
2023 · 39.9%
Interest coverage
6.21▼
2023 · 88.26
Debt
€91k▲
2023 · €34k
Debt ≤ 1 year
€62k▲
2023 · €34k
Debt > 1 year
€27k
Income taxes
€7k▼
2023 · €8k
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€139k▲
Fixed assets21/28€19k€66k▲
Tangible fixed assets22/27€19k€66k▲
Plant, machinery and equipment23€9k€13k▲
Furniture and vehicles24€10k€10k▲
Leasing and similar rights25-€42k
Financial fixed assets28€70€70=
Current assets29/58€41k€73k▲
Amounts receivable within one year40/41€34k€38k▲
Trade receivables40€30k€28k▼
Other amounts receivable41€4k€11k▲
Cash at bank and in hand54/58€4k€31k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€60k€139k▲
Equity10/15€26k€48k▲
Contributions10/11€2k€2k=
Reserves13€24k€46k▲
Distributable reserves133€24k€46k▲
Amounts payable17/49€34k€91k▲
Amounts payable after more than one year17-€27k
Financial debts170/4-€27k
Amounts payable within one year42/48€34k€62k▲
Current portion of amounts payable after more than one year42-€7k
Trade debts44€4k€39k▲
Suppliers440/4€4k€39k▲
Taxes, remuneration and social security45€9k-
Taxes450/3€9k-
Other amounts payable47/48€20k€17k▼
Accrued charges and deferred income492/3-€1k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€10k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€261
Other operating charges640/8€384€387▲
Gross operating margin9900€35k€48k▲
Operating profit (loss)9901€33k€37k▲
Financial income75/76B€3€4▲
Recurring financial income75€3€4▲
Financial charges65/66B€388€8k▲
Recurring financial charges65€388€8k▲
Profit (loss) for the period before taxes9903€32k€30k▼
Income taxes67/77€8k€7k▼
Profit (loss) for the period9904€24k€22k▼
Profit (loss) for the period to be appropriated9905€24k€22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€24k€22k▼
Transfer to equity691/2€24k€22k▼
To other reserves6921€24k€22k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
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, Sint-Niklaas · 1 establishment unit since 2023
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.
Schoolstraat 1919100 Sint-NiklaasGround area
233 m²
Building footprint
90 m²
Volume, LiDAR
467 m³
Parcel 46445D1182/00P003, Flanders · tallest building 10.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DryProtect
since 20232.343.911.958
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46445D1182/00P003 | Flanders | 233 m² | 1 · 90 m² | 10.3 m · 1 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.
Similar companies · same sector, comparable size
AD-mix
BE 0841.310.296
Court-Saint-Etienne · Eq €48k
ARTIHOME sprl
BE 0824.579.677
Seraing · Eq €48k
ETS LEFEVRE
BE 0551.848.539
Tournai · Eq €48k
AGN TOITURES -DAKWERKEN
BE 0818.514.308
Pepingen · Eq €48k
LA MAISON BRUXELLOISE
BE 0450.487.695
Watermaal-Bosvoorde · Eq €48k
Of 7,248 companies in sector 43350 we hold annual accounts for 2,334. 1,968 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-04-2023
Fiscal year end31-12
Activities, NACEBEL
43350Other building finishing work
43310Plastering work
43320Joinery installation
43333Wallpapering and laying of floor and wall coverings in other materials
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.