P-drop
The computed 12-month bankruptcy probability of P-drop is 0.5% (very low). The 2024 annual accounts show equity of €2k and a net result of €84k. Equity is shrinking by ~22.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 9% of 12426 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €2k |
| Net result | €84k |
| Staff (FTE) | 1 |
| Better than sector | 9% |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 1.0% | 60.6% | |
| Net result | €84k | €31k | |
| Equity | €2k | €63k | |
| Gross operating margin | €183k | €52k | |
| Staff costs | €55k | €6k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €127k |
| Net profit | €84k |
| Cash flow | €103k |
| Staff costs | €55k |
| Income taxes | €23k |
| Dividends | €128k |
| Total assets | €205k |
| Equity | €2k |
| Debt | €203k |
| of which ≤ 1y | €191k |
| of which > 1y | €12k |
| Working capital | €-56k |
| Employees (FTE) | 1.0 |
| 2024 | |
|---|---|
| Current ratio | 0.71 |
| Quick ratio | 0.71 |
| Working capital ratio | -27.2% |
| Solvency | 1.0% |
| Debt / equity | 101.49 |
| Long-term debt ratio | 5.90 |
| Interest coverage | 130.79 |
| Gross margin | - |
| Net margin | - |
| ROA | 40.9% |
| ROE | 4191.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €205k |
| Fixed assets | 21/28 | €70k |
| Tangible fixed assets | 22/27 | €70k |
| Current assets | 29/58 | €135k |
| Amounts receivable within one year | 40/41 | €64k |
| Cash & bank | 54/58 | €61k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €205k |
| Equity | 10/15 | €2k |
| Contributions / capital | 10/11 | €2k |
| Amounts payable | 17/49 | €203k |
| Amounts payable after one year | 17 | €12k |
| Amounts payable within one year | 42/48 | €191k |
| Trade debts payable within one year | 44 | €5k |
| Income statement | ||
| Gross operating margin | 9900 | €183k |
| Operating result | 9901 | €108k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €969 |
| Result before taxes | 9903 | €107k |
| Income taxes | 67/77 | €23k |
| Net result for the period | 9904 | €84k |
| Result to be appropriated | 9905 | €84k |
| NACE primary | Head offices & management consulting(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 01-09-2020 |
| Status | Active |
| Postal code | 1380 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25051F0266/00D002 | Wallonia | 617 m² | 1 · 99 m² | 8.4 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
12-03-2026 Articles of association amended, translation of the articles, coordination of the articles and amendment of specific articles
Technical details
{
"notary": {
"name": "Ang\u00E9lique Ratz",
"firm_city": null,
"firm_name": null,
"office_city": "Rixensart",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2026-03-12",
"filing_date": "2026-03-10",
"act_kind_objet": "STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS), OBJET"
},
"decision": {
"body": "enig_aandeelhouder_schriftelijk",
"act_date": "2026-03-06",
"unanimous": true
},
"statute_change": {
"kinds": [
"translation",
"coordination",
"targeted_amendment",
"object_change"
],
"scope": "full_restatement",
"trigger": "wvv_adaptation",
"language_after": "fr",
"language_before": "nl"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0753.561.128",
"name_full_after": "P-drop",
"legal_form_after": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e",
"name_full_before": "P-drop",
"current_zetel_raw": "Route de Beaumont 33 C : 1380 Lasne",
"legal_form_before": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e"
},
"special_mandates": [
{
"holder_kbo": null,
"holder_name": "Ang\u00E9lique Ratz",
"scope_categories": [
"publication"
],
"with_substitution": false
}
],
"articles_modified": [
{
"summary": "L\u0027objet de la soci\u00E9t\u00E9 est remplac\u00E9 par un texte d\u00E9taillant des activit\u00E9s principales de services et de conseil, ainsi que des activit\u00E9s secondaires li\u00E9es au commerce et \u00E0 la location d\u0027\u00E9quipements de loisirs.",
"new_text": "La soci\u00E9t\u00E9 a pour objet, tant en Belgique qu\u2019\u00E0 l\u2019\u00E9tranger, pour compte propre ou pour compte de tiers, ou en participation avec ceux-ci, toutes activit\u00E9s de prestation de services, d\u2019assistance et de conseil, au sens le plus large du terme, notamment au profit d\u2019entreprises, d\u2019\u00E9tablissements de toutes sortes, d\u2019institutions, d\u2019associations et d\u2019autorit\u00E9s publiques. A titre principal, la soci\u00E9t\u00E9 a ",
"change_kind": "amended",
"article_title": null,
"article_number": "3"
}
],
"governance_change": null,
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Ang\u00E9lique Ratz",
"org_rep_person_name": null
},
"co_filed_documents": [
"les statuts coordonn\u00E9s",
"une exp\u00E9dition de l\u2019acte",
"un rapport"
],
"shareholder_rights": null,
"voorwerp_change_summary": "L\u0027objet de la soci\u00E9t\u00E9 est modifi\u00E9 pour inclure, en plus des activit\u00E9s principales de services et de conseil, des activit\u00E9s secondaires telles que l\u0027achat, la vente, la distribution et la location d\u0027articles de trekking, de voyage et de loisirs.",
"capital_structure_change": null,
"coordinated_text_lineage": null
}03-09-2020 Incorporation of a new SRL
Technical details
{
"kind": "oprichting",
"seat": "1380 Lasne, Route de Beaumont 33C",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1980-02-07",
"name": "Nicolas Marie Jo\u00EBl Etienne Ghislain REYNTENS",
"niss": null,
"address": "1380 Lasne"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 2000,
"holder_person_name": "Nicolas Marie Jo\u00EBl Etienne Ghislain REYNTENS",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 2000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 2000,
"subject_company": {
"kbo": "0753.561.128",
"name_full": "P-drop",
"legal_form": "SRL"
},
"initial_directors": [],
"incorporation_date": "2020-08-31",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | P-drop |