DRYSOLUTIONS
ActiveDRYSOLUTIONS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.80M and a net result of €298k. Equity is growing by ~16.9% per year across the filed fiscal years. Its solvency ranks better than 87% of 149 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
94
/ 100
Excellent▼ -6 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability57▼-24
Solvency100=
Growth80▼-1
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €360k at 30 days acceptable
Liquidity ample (current ratio 2.95 against 3.23 in 2024), and 22.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
77.9%
Return on assets
6.1%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 20-04-2026, 102 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
102 d early
2024
94 d early
2023
90 d early
2022
83 d early
2021
86 d early
2020
82 d early
2019
78 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€6.85M▲ 12.5%
2024 · €6.09M
2018: €2.44M
2019: €2.90M
2020: €3.03M
2021: €3.79M
2022: €4.43M
2023: €5.14M
2024: €6.09M
2018 → 2025
EBIT margin
5.9%▼ 5.2pp
2024 · 11.1%
2018: -3.4%
2019: 0.4%
2020: -5.7%
2021: 6.4%
2022: 10.1%
2023: 15.5%
2024: 11.1%
2018 → 2025
Net result
€298k▼ 43.0%
2024 · €523k
2018: €-114k
2019: €-15k
2020: €-187k
2021: €218k
2022: €342k
2023: €567k
2024: €523k
2018 → 2025
Working capital
€2.10M▲ 11.1%
2024 · €1.89M
2018: €-30k
2019: €970k
2020: €653k
2021: €741k
2022: €1.33M
2023: €1.64M
2024: €1.89M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€3.79M-€4.43M▲ 17.0%€5.14M▲ 16.1%€6.09M▲ 18.5%€6.85M▲ 12.5%
Equity€2.07M-€2.41M▲ 16.6%€2.98M▲ 23.5%€3.50M▲ 17.6%€3.80M▲ 8.5%
Operating result€242k-€449k▲ 85.6%€799k▲ 78.0%€676k▼ 15.3%€407k▼ 39.8%
Net result€218k-€342k▲ 56.9%€567k▲ 65.7%€523k▼ 7.8%€298k▼ 43.0%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 40% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.88M
Fixed assets
€1.70M▲ 5.4%
Current assets
€3.17M▲ 16.0%
Equity and liabilities €4.88M
Equity
€3.80M▲ 8.5%
Debt
€1.08M▲ 26.5%
The debt ratio rises from 19.5% to 22.1%: debt grows faster than equity.
Key figures and ratios
EBITDA
€1.16M▼
2024 · €1.38M
Cash flow
€1.05M▼
2024 · €1.23M
Solvency
77.9%▼
2024 · 80.5%
Current ratio
2.95▼
2024 · 3.23
Quick ratio
2.95▼
2024 · 3.23
Debt / equity
0.28▲
2024 · 0.24
ROE
7.8%▼
2024 · 14.9%
ROA
6.1%▼
2024 · 12.0%
Interest coverage
64.74▼
2024 · 215.69
Debt
€1.08M▲
2024 · €850k
Debt ≤ 1 year
€1.07M▲
2024 · €846k
Income taxes
€120k▼
2024 · €192k
Staff costs
€3.84M▲
2024 · €3.30M
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€4.35M€4.88M▲
Fixed assets21/28€1.62M€1.70M▲
Intangible fixed assets21€49k€272k▲
Tangible fixed assets22/27€1.56M€1.43M▼
Plant, machinery and equipment23€676k€653k▼
Furniture and vehicles24€881k€773k▼
Other tangible fixed assets26-€5k
Financial fixed assets28€11k€790▼
Other financial fixed assets284/8€11k€790▼
Amounts receivable and cash guarantees285/8€11k€790▼
Current assets29/58€2.73M€3.17M▲
Amounts receivable within one year40/41€179k€148k▼
Trade receivables40€140k€136k▼
Other amounts receivable41€39k€12k▼
Cash at bank and in hand54/58€2.45M€2.93M▲
Deferred charges and accrued income490/1€106k€95k▼
Equity and liabilities
Total equity and liabilities10/49€4.35M€4.88M▲
Equity10/15€3.50M€3.80M▲
Contributions10/11€2.20M€2.20M=
Capital10€2.20M€2.20M=
Issued capital100€2.20M€2.20M=
Reserves13€115k€189k▲
Non-distributable reserves130/1€115k€189k▲
Legal reserve130€115k€189k▲
Profit (loss) carried forward14€1.19M€1.41M▲
Amounts payable17/49€850k€1.08M▲
Amounts payable within one year42/48€846k€1.07M▲
Trade debts44€215k€316k▲
Suppliers440/4€215k€316k▲
Advances received on contracts in progress46€7k€8k▲
Taxes, remuneration and social security45€624k€750k▲
Taxes450/3€88k€127k▲
Remuneration and social security454/9€536k€624k▲
Accrued charges and deferred income492/3€4k€2k▼
Income statement
Code20242025
Operating income70/76A€6.12M€6.94M▲
Turnover70€6.09M€6.85M▲
Other operating income74€27k€89k▲
Operating charges60/66A€5.44M€6.54M▲
Services and other goods61€1.42M€1.92M▲
Remuneration, social security and pensions62€3.30M€3.84M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€708k€751k▲
Other operating charges640/8€10k€26k▲
Operating profit (loss)9901€676k€407k▼
Financial income75/76B€46k€29k▼
Recurring financial income75€46k€29k▼
Other financial income752/9€46k€29k▼
Financial charges65/66B€7k€18k▲
Recurring financial charges65€7k€18k▲
Debt charges650€6k€18k▲
Other financial charges652/9€375€530▲
Profit (loss) for the period before taxes9903€715k€418k▼
Income taxes67/77€192k€120k▼
Taxes670/3€192k€120k▼
Profit (loss) for the period9904€523k€298k▼
Profit (loss) for the period to be appropriated9905€523k€298k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.28M€1.48M▲
Profit (loss) brought forward from the previous period14P€758k€1.19M▲
Transfer to equity691/2€95k€74k▼
To the legal reserve6920€95k€74k▼
Social balance
Average headcount (FTE)908745.449.4▲
The notes to these accounts (50 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
02-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €567k ▲65.7%
Operating result €799k, net result €567k, both a record.
09-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
06-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €218k
Net result €218k after 3 loss-making years.
31-12
Financial
Equity above €2MEq €2.07M ▲11.8%
Equity rises from €1.85M to €2.07M.
10-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-187k
Net result drops to €-187k, the lowest in the series; recovery starts the following year.
14-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Liquidity triplescurrent ratio 3.31
Current ratio from 0.95 to 3.31; short-term debt falls from €596k to €421k.
31-12
Financial
Equity above €2MEq €2.04M ▲708%
Equity rises from €252k to €2.04M.
02-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
03-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
15-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
17 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, Ternat · 1 establishment unit since 2011
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.
Industrielaan 401740 TernatGround area
4,327 m²
Building footprint
789 m²
Volume, LiDAR
5,653 m³
Parcel 23086B0354/00C003, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EXPECTO
since 20112.202.589.094
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23086B0354/00C003 | Flanders | 4,327 m² | 1 · 789 m² | 8.2 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.
Similar companies · same sector, comparable size
STUER-EGGHE
BE 0452.831.236
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TheTruckCompany Construction & Service
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TECHNICAS METAL CONSTRUCTION
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R.C.
BE 0433.062.042
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DR DEPOTS
BE 0839.320.808
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Of 877 companies in sector 33110 we hold annual accounts for 435. 116 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded26-09-2011
Fiscal year end31-12
Activities, NACEBEL
33110Repair and maintenance of fabricated metal products
71209Other technical testing and analysis
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
43299Specialised construction activities
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.drysolutions.be
E-mail:service@drysolutions.be