INGVAR VAN DROOGENBROECK
ActiveINGVAR VAN DROOGENBROECK has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.51M and a net result of €283k. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 47% of 273 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+2
Solvency86▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 1.56 against 1.69 in 2024; short-term debt: 16.5% and cash: 10.3% of total assets), and 38.7% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 94
Relative position
BE, all sectors
reference
Sector 94
lower
← 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
61.3%
Return on assets
11.4%
Age of the figures
9 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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
7 d late
2023
42 d early
2022
21 d late
2021
31 d early
2020
64 d early
2019
15 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.51M▲ 0.9%
2024 · €1.50M
2018: €761k
2019: €1.03M
2020: €914k
2021: €1.31M
2022: €1.50M
2023: €1.50M
2024: €1.50M
2018 → 2025
Total assets
€2.47M▼ 2.0%
2024 · €2.52M
2018: €2.50M
2019: €2.34M
2020: €2.56M
2021: €2.83M
2022: €3.08M
2023: €3.13M
2024: €2.52M
2018 → 2025
Net result
€283k▲ 17.9%
2024 · €240k
2018: €394k
2019: €272k
2020: €281k
2021: €697k
2022: €693k
2023: €677k
2024: €240k
2018 → 2025
Working capital
€227k▼ 11.0%
2024 · €255k
2018: €154k
2019: €388k
2020: €223k
2021: €534k
2022: €346k
2023: €301k
2024: €255k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.31M-€1.50M▲ 14.8%€1.50M▼ 0.2%€1.50M=€1.51M▲ 0.9%
Operating result€1.01M-€952k▼ 5.6%€905k▼ 5.0%€301k▼ 66.8%€373k▲ 24.1%
Net result€697k-€693k▼ 0.5%€677k▼ 2.4%€240k▼ 64.5%€283k▲ 17.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 24% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.47M
Fixed assets
€1.84M▼ 3.1%
Current assets
€635k▲ 1.1%
Equity and liabilities €2.47M
Equity
€1.51M▲ 0.9%
Debt
€957k▼ 6.2%
The debt ratio falls from 40.5% to 38.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€431k▲
2024 · €359k
Cash flow
€341k▲
2024 · €298k
Solvency
61.3%▲
2024 · 59.5%
Current ratio
1.56▼
2024 · 1.69
Quick ratio
1.56▼
2024 · 1.69
Debt / equity
0.63▼
2024 · 0.68
ROE
18.7%▲
2024 · 16.0%
ROA
11.4%▲
2024 · 9.5%
Interest coverage
48.46▲
2024 · 35.72
Debt
€957k▼
2024 · €1.02M
Debt ≤ 1 year
€408k▲
2024 · €372k
Debt > 1 year
€547k▼
2024 · €648k
Income taxes
€91k▲
2024 · €76k
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€2.52M€2.47M▼
Fixed assets21/28€1.89M€1.84M▼
Tangible fixed assets22/27€1.89M€1.84M▼
Land and buildings22€1.88M€1.83M▼
Plant, machinery and equipment23€8k€4k▼
Furniture and vehicles24€11k€2k▼
Current assets29/58€627k€635k▲
Amounts receivable within one year40/41€25k€39k▲
Trade receivables40€14k€33k▲
Other amounts receivable41€11k€6k▼
Current investments50/53€500k€340k▼
Cash at bank and in hand54/58€102k€255k▲
Deferred charges and accrued income490/1€663€1k▲
Equity and liabilities
Total equity and liabilities10/49€2.52M€2.47M▼
Equity10/15€1.50M€1.51M▲
Contributions10/11€112k€112k=
Reserves13€1.39M€1.40M▲
Distributable reserves133€1.39M€1.40M▲
Amounts payable17/49€1.02M€957k▼
Amounts payable after more than one year17€648k€547k▼
Financial debts170/4€648k€547k▼
Amounts payable within one year42/48€372k€408k▲
Current portion of amounts payable after more than one year42€100k€101k▲
Trade debts44€3k€8k▲
Suppliers440/4€3k€8k▲
Taxes, remuneration and social security45€23k€25k▲
Taxes450/3€23k€25k▲
Other amounts payable47/48€246k€274k▲
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€58k€58k▼
Other operating charges640/8€12k€12k▲
Gross operating margin9900€371k€444k▲
Operating profit (loss)9901€301k€373k▲
Financial income75/76B€26k€9k▼
Recurring financial income75€26k€9k▼
Financial charges65/66B€10k€9k▼
Recurring financial charges65€10k€9k▼
Profit (loss) for the period before taxes9903€316k€374k▲
Income taxes67/77€76k€91k▲
Profit (loss) for the period9904€240k€283k▲
Profit (loss) for the period to be appropriated9905€240k€283k▲
Appropriation of the result
Profit (loss) to be appropriated9906€240k€283k▲
Transfer to equity691/2-€13k
To other reserves6921-€13k
Profit to be distributed694/7€240k€270k▲
Return on contributions (dividend)694€240k€270k▲
The notes to these accounts (12 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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
07-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 7 days late
2024
31-12
Financial
Weakest financial yearnet €240k ▼64.5%
Net result drops to €240k, the lowest in the series; recovery starts the following year.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 21 days late
16-06
State Gazette act
General meeting · Director resignation
Permanent representative
16-06
State Gazette act
General meeting · Director resignation
Permanent representative
16-06
State Gazette act
General meeting · Director resignation
Permanent representative
16-06
State Gazette act
General meeting · Director resignation
Permanent representative
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €697k ▲148%
Operating result €1.01M, net result €697k, both a record.
31-12
Financial
Equity above €1MEq €1.31M ▲43.4%
4 profitable years in a row build equity to €1.31M.
28-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity doublescurrent ratio 3.25
Current ratio from 1.30 to 3.25; short-term debt falls from €509k to €172k.
31-12
Financial
Equity above €1MEq €1.03M ▲35.7%
2 profitable years in a row build equity to €1.03M.
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Asse · 1 establishment unit since 2008
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.
Lindendries 1301730 AsseGround area
980 m²
Building footprint
150 m²
Volume, LiDAR
774 m³
Parcel 23322C0361/00M000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
INGVAR VAN DROOGENBROECK
since 20082.173.001.819
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23322C0361/00M000 | Flanders | 980 m² | 1 · 150 m² | 7.9 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.
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Of 1,256 companies in sector 94110 we hold annual accounts for 579. 474 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-07-2008
Fiscal year end31-12
Activities, NACEBEL
94110Activities of business and employers' organisations
Sources
Crossroads Bank for EnterprisesNational Bank · 18 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.