FLANDRIA DRINKS
ActiveFLANDRIA DRINKS has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €783k and a net result of €29k. Equity is growing by ~16.2% per year across the filed fiscal years. Its solvency ranks better than 30% of 7983 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability46▼-12
Solvency50▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity short (current ratio 0.64 against 0.72 in 2024; short-term debt: 38.8% and cash: 1.8% of total assets), and 75.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
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
24.7%
Return on assets
0.9%
Age of the figures
18 mo
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 24-11-2025, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
9 d early
2023
on the day
2022
10 d late
2021
24 d late
2020
3 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close21-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€783k▲ 0.8%
2024 · €777k
2019: €318k
2020: €400k
2021: €570k
2022: €620k
2023: €755k
2024: €777k
2019 → 2025
Total assets
€3.17M▼ 8.3%
2024 · €3.45M
2019: €3.13M
2020: €2.99M
2021: €2.89M
2022: €3.10M
2023: €3.34M
2024: €3.45M
2019 → 2025
Net result
€29k▼ 40.1%
2024 · €49k
2019: €72k
2020: €82k
2021: €171k
2022: €50k
2023: €195k
2024: €49k
2019 → 2025
Working capital
€-448k▼ 14.7%
2024 · €-391k
2019: €-340k
2020: €-177k
2021: €334k
2022: €-203k
2023: €-281k
2024: €-391k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€570k-€620k▲ 8.8%€755k▲ 21.8%€777k▲ 2.8%€783k▲ 0.8%
Operating result€265k-€88k▼ 66.7%€283k▲ 222%€150k▼ 47.0%€111k▼ 26.1%
Net result€171k-€50k▼ 70.7%€195k▲ 291%€49k▼ 75.1%€29k▼ 40.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 26% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.17M
Fixed assets
€2.39M▼ 2.2%
Current assets
€782k▼ 22.9%
Equity and liabilities €3.17M
Equity
€783k▲ 0.8%
Provisions
€37k▼ 8.2%
Debt
€2.35M▼ 11.0%
The debt ratio falls from 76.3% to 74.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€223k▼
2024 · €282k
Cash flow
€141k▼
2024 · €180k
Solvency
24.7%▲
2024 · 22.5%
Current ratio
0.64▼
2024 · 0.72
Quick ratio
0.24▼
2024 · 0.37
Debt / equity
3.00▼
2024 · 3.39
ROE
3.7%▼
2024 · 6.3%
ROA
0.9%▼
2024 · 1.4%
Interest coverage
3.12▼
2024 · 4.50
Debt
€2.35M▼
2024 · €2.64M
Debt ≤ 1 year
€1.23M▼
2024 · €1.41M
Debt > 1 year
€1.11M▼
2024 · €1.22M
Income taxes
€15k▼
2024 · €44k
Staff costs
€357k▲
2024 · €310k
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€3.45M€3.17M▼
Fixed assets21/28€2.44M€2.39M▼
Intangible fixed assets21-€38k
Tangible fixed assets22/27€2.44M€2.34M▼
Land and buildings22€2.35M€2.27M▼
Plant, machinery and equipment23€27k€21k▼
Furniture and vehicles24€60k€49k▼
Other tangible fixed assets26€2k€6k▲
Financial fixed assets28€3k€3k=
Current assets29/58€1.01M€782k▼
Stocks and contracts in progress3€489k€488k▼
Stocks30/36€489k€488k▼
Amounts receivable within one year40/41€366k€212k▼
Trade receivables40€358k€202k▼
Other amounts receivable41€8k€10k▲
Current investments50/53€2k€2k=
Cash at bank and in hand54/58€150k€59k▼
Deferred charges and accrued income490/1€9k€22k▲
Equity and liabilities
Total equity and liabilities10/49€3.45M€3.17M▼
Equity10/15€777k€783k▲
Contributions10/11€19k€19k=
Reserves13€758k€764k▲
Tax-exempt reserves132€162k€149k▼
Distributable reserves133€596k€615k▲
Provisions and deferred taxes16€41k€37k▼
Provisions for liabilities and charges160/5€41k€37k▼
Taxes161€41k€37k▼
Amounts payable17/49€2.64M€2.35M▼
Amounts payable after more than one year17€1.22M€1.11M▼
Financial debts170/4€1.22M€1.11M▼
Amounts payable within one year42/48€1.41M€1.23M▼
Current portion of amounts payable after more than one year42€188k€196k▲
Financial debts43€250k€200k▼
Credit institutions430/8€242k€112k▼
Other loans439€8k€89k▲
Trade debts44€536k€371k▼
Suppliers440/4€536k€371k▼
Taxes, remuneration and social security45€60k€52k▼
Taxes450/3€32k€21k▼
Remuneration and social security454/9€28k€30k▲
Other amounts payable47/48€372k€412k▲
Accrued charges and deferred income492/3€11k€10k▼
Income statement
Code20242025
Non-recurring operating income76A-€13k
Remuneration, social security and pensions62€310k€357k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€131k€112k▼
Other operating charges640/8€24k€26k▲
Non-recurring operating charges66A-€143
Gross operating margin9900€616k€605k▼
Operating profit (loss)9901€150k€111k▼
Financial income75/76B€8k€734▼
Recurring financial income75€3k€60▼
Non-recurring financial income76B€5k€674▼
Financial charges65/66B€70k€71k▲
Recurring financial charges65€63k€71k▲
Non-recurring financial charges66B€7k€0▼
Profit (loss) for the period before taxes9903€89k€40k▼
Transfer from deferred taxes780€4k€3k▼
Income taxes67/77€44k€15k▼
Profit (loss) for the period9904€49k€29k▼
Transfer from tax-exempt reserves789€15k€13k▼
Profit (loss) for the period to be appropriated9905€63k€42k▼
Appropriation of the result
Profit (loss) to be appropriated9906€63k€42k▼
Transfer from equity791/2€27k€23k▼
Transfer to equity691/2€63k€42k▼
To other reserves6921€63k€42k▼
Profit to be distributed694/7€27k€23k▼
Return on contributions (dividend)694€27k€23k▼
Social balance
Average headcount (FTE)90878.010.8▲
The notes to these accounts (18 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
2025
24-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 24 days late
31-03
Financial
Weakest financial yearnet €29k ▼40.1%
Net result drops to €29k, the lowest in the series.
2024
22-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Highest result since 2019net €195k ▲291%
Operating result €283k, net result €195k, both a record.
2022
10-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 10 days late
2021
24-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
31-03
Financial
Equity above €500kEq €570k ▲42.7%
3 profitable years in a row build equity to €570k.
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2016
29-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Eeklo · 1 establishment unit since 1999
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.
Leopoldlaan 569900 EekloGround area
8,036 m²
Building footprint
1,639 m²
Volume, LiDAR
8,380 m³
Parcel 43005A0713/00R000, Flanders · tallest building 19.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FLANDRIA DRINKS BVBA
since 19992.091.351.177
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43005A0713/00R000 | Flanders | 8,036 m² | 1 · 1,639 m² | 19.1 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
2022 · 1 entry · 430 EUR awarded · 430 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 430 EUR | 430 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteEeklo2.091.351.177
Similar companies · same sector, comparable size
Drankencentrale NUELANT
BE 0426.654.795
Aalst · Eq €784k
DRANKENCENTRALE LATOMME
BE 0457.486.444
Lievegem · Eq €784k
VIZYON DRINKS
BE 0695.432.986
Brussel · Eq €782k
DRANKEN HOUBEN
BE 0465.918.615
Hasselt · Eq €779k
FRANCOIS DRINKS
BE 0433.973.248
Le Roeulx · Eq €789k
Of 1,581 companies in sector 46349 we hold annual accounts for 987. 622 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-04-1999
Fiscal year end31-03
Activities, NACEBEL
46349Wholesale of beverages, general range
51340
47252Retail sale of beverages, general range
52250Logistics services
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.