LA DREL
ActiveSummary
The computed 12-month bankruptcy probability of LA DREL is 1.5% (moderate). The 2025 annual accounts show equity of €116k and a net result of €-35k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 32% of 14079 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
32
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability15▼-82
Solvency35▼-10
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.11 against 1.25 in 2024; short-term debt: 90.3% and cash: 0% of total assets), and 90.3% of the assets are financed with debt.
Credit advice 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-08-2026, 23 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 · 4 filingsDeviation from the deadline
2025
23 d late
2024
31 d late
2023
29 d late
2022
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€116k▼ 23.2%
2024 · €151k
2022: €-6k
2023: €-17k
2024: €151k
2022 → 2025
Total assets
€1.20M▲ 58.8%
2024 · €754k
2022: €477k
2023: €799k
2024: €754k
2022 → 2025
Net result
€-35k
2024 · €169k
2022: €-7k
2023: €-12k
2024: €169k
2022 → 2025
Working capital
€116k▼ 23.0%
2024 · €150k
2022: €305k
2023: €-17k
2024: €150k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-6k-€-17k▼ 206%€151k€116k▼ 23.2%
Operating result€-6k-€-9k▼ 42.0%€247k€-7k
Net result€-7k-€-12k▼ 75.3%€169k€-35k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €7k after €247k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.20M
Fixed assets
€508 ▼ 49.3%
Current assets
€1.20M ▲ 58.9%
Equity and liabilities €1.20M
Equity
€116k ▼ 23.2%
Debt
€1.08M ▲ 79.4%
Debt's share of the balance-sheet total rises from 79.9% to 90.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-6k▼
2024 · €247k
Cash flow
€-35k▼
2024 · €169k
Current ratio
1.11▼
2024 · 1.25
Quick ratio
0.00▼
2024 · 0.03
Debt to equity
9.30▲
2024 · 3.98
ROE
-30.2%▼
2024 · 111.5%
ROA
-2.9%▼
2024 · 22.4%
Interest coverage
-0.22▼
2024 · 7.19
Debt ≤ 1 year
€1.08M▲
2024 · €602k
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€754k€1.20M▲
Fixed assets21/28€1k€508▼
Tangible fixed assets22/27€1k€508▼
Furniture and vehicles24€1k€508▼
Current assets29/58€753k€1.20M▲
Stocks and contracts in progress3€735k€1.20M▲
Stocks30/36€735k€1.20M▲
Cash at bank and in hand54/58€16k€21▼
Deferred charges and accrued income490/1€2k€456▼
Equity and liabilities
Total equity and liabilities10/49€754k€1.20M▲
Equity10/15€151k€116k▼
Contributions10/11€1k€1k=
Profit (loss) carried forward14€150k€115k▼
Amounts payable17/49€602k€1.08M▲
Amounts payable within one year42/48€602k€1.08M▲
Financial debts43€499k€909k▲
Credit institutions430/8€499k€909k▲
Trade debts44€385€4k▲
Suppliers440/4€385€4k▲
Taxes, remuneration and social security45€60k€44k▼
Taxes450/3€44k€44k=
Remuneration and social security454/9€16k-
Other amounts payable47/48€43k€124k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€478€493▲
Other operating charges640/8€387€400▲
Gross operating margin9900€248k€-6k▼
Operating profit (loss)9901€247k€-7k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€34k€28k▼
Recurring financial charges65€34k€28k▼
Profit (loss) for the period before taxes9903€213k€-35k▼
Income taxes67/77€44k-
Profit (loss) for the period9904€169k€-35k▼
Profit (loss) for the period to be appropriated9905€169k€-35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€150k€115k▼
Profit (loss) brought forward from the previous period14P€-18k€150k▲
The notes to these accounts (4 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
23-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 23 days late
2025
31-12
Financial
Weakest financial yearnet €-35k ▼121%
Net result drops to €-35k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Back to profitnet €169k
Net result €169k after 2 loss-making years.
31-12
Financial
Equity above €150kEq €151k
Equity rises from €-17k to €151k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Etterbeek · 1 establishment unit since 2022
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.
Philippe Baucqstraat 1151040 EtterbeekGround area
125 m²
Building footprint
82 m²
Volume, LiDAR
984 m³
Parcel 21363B0431/00P005, Brussels · tallest building 18.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
LA DREL
since 20222.340.059.375
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21363B0431/00P005 | Brussels | 125 m² | 1 · 82 m² | 18.0 m · 5 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
IMMOBILIERE LOUIS
BE 0549.832.226
Rixensart · Eq €116,322
FUTURE INVESTING
BE 0761.574.120
Zemst · Eq €116,334
LEVEL 7 IMMO
BE 0772.656.369
Sint-Jans-Molenbeek · Eq €116,460
THEUNIS VASTGOED
BE 0817.830.259
Heusden-Zolder · Eq €116,498
ZINA STAR INVEST
BE 0807.312.192
Braine-le-Château · Eq €115,809
Of 7,320 companies in sector 68110 we hold annual accounts for 5,381. 3,762 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-08-2022
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.