THE DRILLING COMPANY
The computed 12-month bankruptcy probability of THE DRILLING COMPANY is 2.7% (moderate). The 2025 annual accounts show negative equity (€-89k) and a net result of €41k. Its solvency ranks better than 5% of 342 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-89k |
| Net result | €41k |
| Staff (FTE) | 7.2 |
| Better than sector | 5% |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -4.9% | 38.9% | |
| Net result | €41k | €40k | |
| Equity | €-89k | €193k | |
| Gross operating margin | €954k | €230k | |
| Staff costs | €515k | €224k |
Show 11 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €391k |
| Net profit | €41k |
| Cash flow | €288k |
| Staff costs | €515k |
| Income taxes | €897 |
| Dividends | - |
| Total assets | €1.80M |
| Equity | €-89k |
| Debt | €1.87M |
| of which ≤ 1y | €726k |
| of which > 1y | €1.14M |
| Working capital | €-11k |
| Employees (FTE) | 7.2 |
| 2025 | |
|---|---|
| Current ratio | 0.98 |
| Quick ratio | 0.83 |
| Working capital ratio | -0.6% |
| Solvency | -4.9% |
| Debt / equity | -20.96 |
| Long-term debt ratio | -12.82 |
| Interest coverage | 3.79 |
| Gross margin | - |
| Net margin | - |
| ROA | 2.3% |
| ROE | -46.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (26 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.80M |
| Fixed assets | 21/28 | €1.08M |
| Formation expenses | 20 | €9k |
| Tangible fixed assets | 22/27 | €1.08M |
| Financial fixed assets | 28 | €608 |
| Current assets | 29/58 | €715k |
| Stocks & contracts in progress | 3 | €110k |
| Amounts receivable within one year | 40/41 | €553k |
| Cash & bank | 54/58 | €0 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.80M |
| Equity | 10/15 | €-89k |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €-109k |
| Provisions & deferred taxes | 16 | €25k |
| Amounts payable | 17/49 | €1.87M |
| Amounts payable after one year | 17 | €1.14M |
| Amounts payable within one year | 42/48 | €726k |
| Trade debts payable within one year | 44 | €357k |
| Income statement | ||
| Gross operating margin | 9900 | €954k |
| Operating result | 9901 | €144k |
| Financial income | 75 | €1k |
| Financial charges | 65 | €103k |
| Result before taxes | 9903 | €42k |
| Income taxes | 67/77 | €897 |
| Net result for the period | 9904 | €41k |
| Result to be appropriated | 9905 | €41k |
-
MMM CONSULTANCY BVLegal entityAlgemeen directeur· perm. rep.: Matthew LoweState Gazette act 25102932 (13-08-2025)Current24-07-2025 → present
Former directors (1)
-
Matthew LoweAlgemeen beheerderState Gazette act 24086536 (07-06-2024)Former29-05-2024 → 24-07-2025
2 events
- 24-07-2025 Resigned· Algemeen directeur
- 29-05-2024 Appointed· Algemeen beheerder
| NACE primary | Proefboren en boren(43130) |
| Legal form | Private limited company(610) |
| Incorporation | 10-07-2023 |
| Status | Active |
| Postal code | 9000 |
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. |
|---|---|---|---|---|
| 44815F0829/00E000 | Flanders | 460 m² | 1 · 427 m² | 21.1 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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.
13-08-2025 6 directors appointed, 1 resigning
- Matthew Lowe, Algemeen directeur
- Matthew Lowe, Dagelijks bestuur
- Laura Rosseel, Dagelijks bestuur
- Griet Roos, Dagelijks bestuur
- Gisèle Verelst, Dagelijks bestuur
- Adriaan de Leeuw, Dagelijks bestuur
- Matthew Lowe, Algemeen directeur
Technical details
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}07-06-2024 Matthew Lowe appointed as algemeen beheerder
- Matthew Lowe, Algemeen beheerder
Technical details
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}| Legal nameNL | THE DRILLING COMPANY |