Financials
- Fiscal year
- 2025
- Total assets
- €435,601
- Loss
- -€152,784
- Solvency
- 17.2%
Total assets▼ 23.1%
Net result
20182025
VAN DRIESSCHE
ActiveSummary
The computed 12-month bankruptcy probability of VAN DRIESSCHE is 5.2% (elevated). The annual accounts of VAN DRIESSCHE for fiscal year 2025 show a net loss of 67% of the equity at the start of that year. The 2025 annual accounts show equity of €74,790 and a net result of -€152,784. Equity is shrinking by ~12.6% per year across the filed fiscal years. Its solvency ranks better than 18% of 146 sector peers (fiscal year 2025). The company has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Manufacture of dining room, living room, bedroom and bathroom furniture
NACE 31004NACE 31091NACE 36141
1 site
Size
€435,601total assets 2025
- Staff
- 5.1 FTE
- Equity
- €74,790
- Loss
- -€152,784
Structure
Accounts filed 31 d late0 of 5 deeds read
Why 35- Loss of €152,784 (FY 2025)- Sector Manufacture of furniture (NACE 31)- Equity €74,790 (17.2% of total assets)- Latest accounts 31 days late; 1 of the last 3 lateShow the evidence
Checked score
Score 2025
35
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 19% of its sector peers (NACE 31, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
42-23
equity 17.2% of total assets
Liquidity
36-1
short-term debt 32.4% · cash 0.2%
Profitability
0-39
return on assets -35.1%
Bankruptcy probability, 12 months
5.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.2%
12-2024: 1.2%● 0.0% vs 11-2024
01-2025: 1.2%▼ -0.6% vs 12-2024
02-2025: 1.2%● 0.0% vs 01-2025
03-2025: 1.2%▼ -2.3% vs 02-2025
04-2025: 1.2%▲ +0.4% vs 03-2025
05-2025: 1.2%▲ +0.6% vs 04-2025
06-2025: 1.1%▼ -6.4% vs 05-2025
07-2025: 1.4%▲ +19.5% vs 06-2025
08-2025: 2.1%▲ +52.7% vs 07-2025
09-2025: 2.4%▲ +14.8% vs 08-2025
10-2025: 0.6%▼ -72.8% vs 09-2025lowest value
11-2025: 0.6%● 0.0% vs 10-2025lowest value
12-2025: 0.6%● 0.0% vs 11-2025lowest value
01-2026: 0.6%● 0.0% vs 12-2025lowest value
02-2026: 0.6%● 0.0% vs 01-2026lowest value
03-2026: 0.6%● 0.0% vs 02-2026lowest value
04-2026: 0.7%▲ +1.9% vs 03-2026
05-2026: 0.6%▼ -1.5% vs 04-2026
06-2026: 0.7%▲ +1.1% vs 05-2026
07-2026: 0.7%▲ +6.6% vs 06-2026
08-2026: 1.4%▲ +100% vs 07-2026
09-2026: 5.2%▲ +271% vs 08-2026highest value
10-2026: 5.2%● 0.0% vs 09-2026highest value
- Loss of €152,784 (FY 2025) raises the probability
- Sector Manufacture of furniture (NACE 31) raises the probability
- Equity €74,790 (17.2% of total assets) raises the probability
- Latest accounts 31 days late; 1 of the last 3 late raises the probability
Credit up to €2,500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.76 against 1.1 in 2024; short-term debt: 32.4% and cash: 0.2% of total assets), and 82.8% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 31, micro). Better than this share of them on solvency 30%, liquidity 30%, profitability 7%, growth against the median 8%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 146 sector peers (2025).
NBB · sector comparisonPosition among 146 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
30 d late
2023
1 d early
2022
30 d late
2021
31 d late
2020
2 d early
2019
27 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 21 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 37% of the sector filed late.
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. Usually files around 30 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Annual accounts filedfiscal year 2024 · abbreviated…
- Annual accounts filedfiscal year 2023 · abbreviated…
Key points
By topic
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-07-2027
- 31-08-2026Annual accounts filed
- 30-08-2025Annual accounts filed
- 30-07-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Manufacture of dining room, living room, bedroom and…NACE 31004
- Founded
- 03-11-1988
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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