DIRINCO
ActiveSummary
DIRINCO has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €777k and a net result of €103k. Equity is growing by ~56.3% per year across the filed fiscal years. Its solvency ranks better than 52% of 2344 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, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-13
Solvency87▲+15
Growth78=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 2.52 against 1.86 in 2024; short-term debt: 38.4% and cash: 14.5% of total assets), and 38.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies
more bankruptcies →
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
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
61.6%
Return on assets
8.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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
25 d late
2024
39 d late
2023
30 d late
2022
31 d late
2021
24 d late
2020
26 d late
2019
31 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€777k▲ 15.4%
2024 · €674k
2018: €42k
2019: €34k
2020: €116k
2021: €267k
2022: €383k
2023: €408k
2024: €674k
2018 → 2025
Total assets
€1.26M▼ 12.8%
2024 · €1.45M
2018: €538k
2019: €608k
2020: €590k
2021: €695k
2022: €800k
2023: €1.90M
2024: €1.45M
2018 → 2025
Net result
€103k▼ 61.1%
2024 · €266k
2018: €43k
2019: €-8k
2020: €82k
2021: €151k
2022: €116k
2023: €25k
2024: €266k
2018 → 2025
Working capital
€735k▲ 10.5%
2024 · €665k
2018: €115k
2019: €108k
2020: €193k
2021: €345k
2022: €457k
2023: €392k
2024: €665k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€267k-€383k▲ 43.3%€408k▲ 6.4%€674k▲ 65.2%€777k▲ 15.4%
Operating result€220k-€168k▼ 23.7%€40k▼ 76.1%€372k▲ 825%€152k▼ 59.2%
Net result€151k-€116k▼ 23.2%€25k▼ 78.8%€266k▲ 984%€103k▼ 61.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 59% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.26M
Fixed assets
€42k ▲ 401%
Current assets
€1.22M ▼ 15.2%
Equity and liabilities €1.26M
Equity
€777k ▲ 15.4%
Debt
€485k ▼ 37.4%
Debt's share of the balance-sheet total falls from 53.5% to 38.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€154k▼
2024 · €380k
Cash flow
€106k▼
2024 · €274k
Current ratio
2.52▲
2024 · 1.86
Quick ratio
2.09▲
2024 · 1.42
Debt to equity
0.62▼
2024 · 1.15
ROE
13.3%▼
2024 · 39.5%
ROA
8.2%▼
2024 · 18.4%
Interest coverage
37.07▼
2024 · 72.74
Debt ≤ 1 year
€485k▼
2024 · €774k
Income taxes
€44k▼
2024 · €101k
Staff costs
€285k▲
2024 · €276k
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 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.45M€1.26M▼
Fixed assets21/28€8k€42k▲
Tangible fixed assets22/27€5k€38k▲
Plant, machinery and equipment23€1k€661▼
Furniture and vehicles24€4k€38k▲
Financial fixed assets28€4k€4k=
Current assets29/58€1.44M€1.22M▼
Stocks and contracts in progress3€341k€205k▼
Stocks30/36€341k€205k▼
Amounts receivable within one year40/41€867k€828k▼
Trade receivables40€865k€828k▼
Other amounts receivable41€2k€0▼
Cash at bank and in hand54/58€224k€183k▼
Deferred charges and accrued income490/1€8k€5k▼
Equity and liabilities
Total equity and liabilities10/49€1.45M€1.26M▼
Equity10/15€674k€777k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€653k€757k▲
Amounts payable17/49€774k€485k▼
Amounts payable within one year42/48€774k€485k▼
Trade debts44€691k€380k▼
Suppliers440/4€691k€380k▼
Taxes, remuneration and social security45€83k€101k▲
Taxes450/3€49k€49k▲
Remuneration and social security454/9€34k€51k▲
Other amounts payable47/48€149€5k▲
Accrued charges and deferred income492/3€0€66▲
Income statement
Code20242025
Non-recurring operating income76A€4k€6k▲
Remuneration, social security and pensions62€276k€285k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€3k▼
Other operating charges640/8€8k€5k▼
Gross operating margin9900€664k€444k▼
Operating profit (loss)9901€372k€152k▼
Financial income75/76B€455€276▼
Recurring financial income75€455€276▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€367k€148k▼
Income taxes67/77€101k€44k▼
Profit (loss) for the period9904€266k€103k▼
Profit (loss) for the period to be appropriated9905€266k€103k▼
Appropriation of the result
Profit (loss) to be appropriated9906€653k€757k▲
Profit (loss) brought forward from the previous period14P€387k€653k▲
Social balance
Average headcount (FTE)90873.02.9▼
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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
2025
08-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 39 days late
2024
31-12
Financial
Highest result since 2018net €266k ▲984%
Operating result €372k, net result €266k, both a record.
31-12
Financial
Equity above €500kEq €674k ▲65.2%
5 profitable years in a row build equity to €674k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
31-12
Financial
Equity above €200kEq €267k ▲130%
2 profitable years in a row build equity to €267k.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
31-12
Financial
Back to profitnet €82k
Net result €82k after one loss-making year.
31-12
Financial
Equity above €100kEq €116k ▲243%
Equity rises from €34k to €116k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
Show earlier events
2019
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 20 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Grimbergen · 1 establishment unit since 1993
Ground area
1.5 ha
Building footprint
1,863 m²
Volume, LiDAR
16,512 m³
Parcel 23084A0639/00E000, Flanders · tallest building 16.9 m, ±4 floors. Linked by address, not a title deed.
40
companies at this address
See who is registered here
1 establishment unit
Boechoutlaan 105, 1853 Grimbergen
since 19932.039.243.272
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23084A0639/00E000 | Flanders | 1.5 ha | 1 · 1,862 m² | 16.9 m · 4 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 10,450 companies in sector 86995 we hold annual accounts for 886. 433 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
Founded20-05-1988
Fiscal year end31-12
Activities, NACEBEL 2025
46460Wholesale of pharmaceutical and medical goods
86995Nutrition and dietetics services
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.