DRYWALL SOLUTION
ActiveSummary
The computed 12-month bankruptcy probability of DRYWALL SOLUTION is 2.1% (moderate). The 2025 annual accounts show equity of €61k and a net result of €8k. Equity is growing by ~25% per year across the filed fiscal years. Its solvency ranks better than 73% of 7500 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability79▼-9
Solvency90▲+21
Growth52=
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 1.84 against 1.78 in 2024; short-term debt: 34.6% and cash: 3.2% of total assets), and 34.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← 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
65.4%
Return on assets
8.3%
Age of the figures
9 mo
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 17-07-2026, 14 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
14 d early
2024
28 d late
2023
29 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€61k▲ 14.6%
2024 · €53k
2023: €34klowest in 3 years
2024: €53k▲ +54.7% vs 2023
2025: €61k▲ +14.6% vs 2024highest in 3 years
2023 → 2025
Total assets
€93k▼ 23.5%
2024 · €121k
2023: €55klowest in 3 years
2024: €121k▲ +120% vs 2023highest in 3 years
2025: €93k▼ -23.5% vs 2024
2023 → 2025
Net result
€8k▼ 58.7%
2024 · €19k
2023: €34khighest in 3 years
2024: €19k▼ -45.3% vs 2023
2025: €8k▼ -58.7% vs 2024lowest in 3 years
2023 → 2025
Working capital
€27k▼ 46.8%
2024 · €50k
2023: €34k
2024: €50k▲ +46.8% vs 2023highest in 3 years
2025: €27k▼ -46.8% vs 2024lowest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€34k-€53k▲ 54.7%€61k▲ 14.6%
2023: €34klowest in 3 years
2024: €53k▲ +54.7% vs 2023
2025: €61k▲ +14.6% vs 2024highest in 3 years
Operating result€45k-€28k▼ 37.5%€16k▼ 43.1%
2023: €45khighest in 3 years
2024: €28k▼ -37.5% vs 2023
2025: €16k▼ -43.1% vs 2024lowest in 3 years
Net result€34k-€19k▼ 45.3%€8k▼ 58.7%
2023: €34khighest in 3 years
2024: €19k▼ -45.3% vs 2023
2025: €8k▼ -58.7% vs 2024lowest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 43% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €93k
Fixed assets
€34k ▲ 439%
Current assets
€59k ▼ 48.8%
Equity and liabilities €93k
Equity
€61k ▲ 14.6%
Debt
€32k ▼ 53.1%
Debt's share of the balance-sheet total falls from 56.3% to 34.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€23k▼
2024 · €29k
Cash flow
€15k▼
2024 · €19k
Current ratio
1.84▲
2024 · 1.78
Debt to equity
0.53▼
2024 · 1.29
ROE
12.7%▼
2024 · 35.4%
ROA
8.3%▼
2024 · 15.4%
Interest coverage
11.44▼
2024 · 76.41
Debt ≤ 1 year
€32k▼
2024 · €64k
Income taxes
€8k▼
2024 · €10k
Staff costs
€4k▼
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€121k€93k▼
Fixed assets21/28€6k€34k▲
Tangible fixed assets22/27€6k€34k▲
Plant, machinery and equipment23€2k€964▼
Furniture and vehicles24€4k€33k▲
Current assets29/58€115k€59k▼
Amounts receivable within one year40/41€107k€47k▼
Trade receivables40€65k€40k▼
Other amounts receivable41€42k€7k▼
Cash at bank and in hand54/58€341€3k▲
Deferred charges and accrued income490/1€8k€9k▲
Equity and liabilities
Total equity and liabilities10/49€121k€93k▼
Equity10/15€53k€61k▲
Profit (loss) carried forward14€53k€61k▲
Amounts payable17/49€68k€32k▼
Amounts payable within one year42/48€64k€32k▼
Trade debts44€40k€14k▼
Suppliers440/4€40k€14k▼
Taxes, remuneration and social security45€24k€18k▼
Taxes450/3€19k€18k▼
Remuneration and social security454/9€5k-
Accrued charges and deferred income492/3€4k-
Income statement
Code20242025
Remuneration, social security and pensions62€5k€4k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€449€7k▲
Other operating charges640/8€3k€5k▲
Gross operating margin9900€37k€31k▼
Operating profit (loss)9901€28k€16k▼
Financial income75/76B€396€2k▲
Recurring financial income75€396€2k▲
Financial charges65/66B€378€2k▲
Recurring financial charges65€378€2k▲
Profit (loss) for the period before taxes9903€28k€16k▼
Income taxes67/77€10k€8k▼
Profit (loss) for the period9904€19k€8k▼
Profit (loss) for the period to be appropriated9905€19k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€53k€61k▲
Profit (loss) brought forward from the previous period14P€34k€53k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €5k | €4k | ▼ 31.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €449 | €7k | ▲ 1,455% |
| Other operating charges640/8 | €1k | €3k | €5k | ▲ 47.5% |
| Gross operating margin9900 | €47k | €37k | €31k | ▼ 15.8% |
| Operating profit (loss)9901 | €45k | €28k | €16k | ▼ 43.1% |
| Financial income75/76B | - | €396 | €2k | ▲ 331% |
| Recurring financial income75 | - | €396 | €2k | ▲ 331% |
| Financial charges65/66B | €2k | €378 | €2k | ▲ 436% |
| Recurring financial charges65 | €2k | €378 | €2k | ▲ 436% |
| Profit (loss) for the period before taxes9903 | €44k | €28k | €16k | ▼ 44.3% |
| Income taxes67/77 | €10k | €10k | €8k | ▼ 16.6% |
| Profit (loss) for the period9904 | €34k | €19k | €8k | ▼ 58.7% |
| Profit (loss) for the period to be appropriated9905 | €34k | €19k | €8k | ▼ 58.7% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €55k | €121k | €93k | ▼ 23.5% |
| Fixed assets21/28 | - | €6k | €34k | ▲ 439% |
| Tangible fixed assets22/27 | - | €6k | €34k | ▲ 439% |
| Plant, machinery and equipment23 | - | €2k | €964 | ▼ 59.6% |
| Furniture and vehicles24 | - | €4k | €33k | ▲ 747% |
| Current assets29/58 | €55k | €115k | €59k | ▼ 48.8% |
| Amounts receivable within one year40/41 | €55k | €107k | €47k | ▼ 55.8% |
| Trade receivables40 | €52k | €65k | €40k | ▼ 37.8% |
| Other amounts receivable41 | €3k | €42k | €7k | ▼ 83.7% |
| Cash at bank and in hand54/58 | - | €341 | €3k | ▲ 759% |
| Deferred charges and accrued income490/1 | - | €8k | €9k | ▲ 14.1% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €55k | €121k | €93k | ▼ 23.5% |
| Equity10/15 | €34k | €53k | €61k | ▲ 14.6% |
| Profit (loss) carried forward14 | €34k | €53k | €61k | ▲ 14.6% |
| Amounts payable17/49 | €21k | €68k | €32k | ▼ 53.1% |
| Amounts payable within one year42/48 | €21k | €64k | €32k | ▼ 50.3% |
| Financial debts43 | €19 | - | - | - |
| Credit institutions430/8 | €19 | - | - | - |
| Trade debts44 | €11k | €40k | €14k | ▼ 64.5% |
| Suppliers440/4 | €11k | €40k | €14k | ▼ 64.5% |
| Taxes, remuneration and social security45 | €10k | €24k | €18k | ▼ 27.1% |
| Taxes450/3 | €10k | €19k | €18k | ▼ 8.4% |
| Remuneration and social security454/9 | - | €5k | - | - |
| Accrued charges and deferred income492/3 | €192 | €4k | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €34k | €19k | €8k | ▼ 58.7% |
| + Depreciation and write-downs630 | - | €449 | €7k | ▲ 1,455% |
| Operating cash flow (approximation) | €34k | €19k | €15k | ▼ 23.2% |
| Investment in fixed assets (approximation) | - | - | €-35k | - |
| Change in cash | - | - | €3k | - |
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
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €8k ▼58.7%
Net result drops to €8k, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Sint-Pieters-Leeuw · 1 establishment unit since 2023
Ground area
1,650 m²
Building footprint
398 m²
Volume, LiDAR
3,212 m³
2 parcels, Brussels, Flanders · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
510
companies at this address
See who is registered here
1 establishment unit
DRYWALL SOLUTION
since 20232.341.606.427
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077A0118/00W082 | Flanders | 1,638 m² | 1 · 398 m² | 9.5 m · 3 fl. |
| 21524C0042/00K007 | Brussels | 12 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
SCOHY BATI
BE 0758.753.301
Namur · Eq €60,603
CCBR Build
BE 0785.807.490
Jodoigne · Eq €60,577
LEON & G
BE 0776.476.981
Asse · Eq €60,625
G&Y
BE 0641.843.654
Dinant · Eq €60,636
ETM CONSTRUCT
BE 0426.135.153
Tubize · Eq €60,542
Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 13,181 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-02-2023
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43990Other specialised construction activities
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
Scores and ratios are computed by Checked and are not a credit decision.