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DRAAKJE

Active
Private limited companyfounded 200323 yrs activeOordegemsesteenweg 295, 9230 Wetteren, BelgiumKBO/BCE: BE 0860.038.424

DRAAKJE has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €254k and a net result of €4k. Equity is growing by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 89% of 2464 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
85 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▼-11
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 8.05 against 9.46 in 2023; short-term debt: 10.7% and cash: 19.8% of total assets), and 10.7% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 23 years 0 30 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 filings
Deviation from the deadline
2025
not confirmed
2024
60 d late
2023
61 d late
2022
61 d late
2021
52 d late
2020
111 d late
2019
28 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€254k▲ 1.6%
2023 · €250k
2018: €153k 2019: €183k 2020: €168k 2021: €183k 2022: €220k 2023: €250k
2018 → 2024
Total assets
€285k▲ 3.1%
2023 · €276k
2018: €205k 2019: €218k 2020: €199k 2021: €220k 2022: €316k 2023: €276k
2018 → 2024
Net result
€4k▼ 86.7%
2023 · €30k
2018: €4k 2019: €30k 2020: €-14k 2021: €15k 2022: €37k 2023: €30k
2018 → 2024
Working capital
€214k▼ 2.4%
2023 · €219k
2018: €133k 2019: €163k 2020: €105k 2021: €141k 2022: €184k 2023: €219k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€168k-€183k▲ 8.8%€220k▲ 20.1%€250k▲ 13.8%€254k▲ 1.6%
Operating result€-14k-€23k€42k▲ 84.3%€48k▲ 15.2%€7k▼ 85.2%
Net result€-14k-€15k€37k▲ 149%€30k▼ 17.7%€4k▼ 86.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2020: €-14k€-14kNet result 2020: €-14k€-14kOperating result 2021: €23k€23kNet result 2021: €15k€15kOperating result 2022: €42k€42kNet result 2022: €37k€37kOperating result 2023: €48k€48kNet result 2023: €30k€30kOperating result 2024: €7k€7kNet result 2024: €4k€4k20202021202220232024
The operating result falls in 2024; 2024 is 85% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €285k
Fixed assets €40k▲ 29.9%
Current assets €245k▼ 0.3%
Equity and liabilities €285k
Equity €254k▲ 1.6%
Debt €30k▲ 17.2%
The debt ratio rises from 9.4% to 10.7%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€20k
2023 · €64k
Cash flow
€17k
2023 · €46k
Solvency
89.3%
2023 · 90.6%
Current ratio
8.05
2023 · 9.46
Quick ratio
8.05
2023 · 9.46
Debt / equity
0.12
2023 · 0.10
ROE
1.6%
2023 · 12.1%
ROA
1.4%
2023 · 11.0%
Interest coverage
48.54
2023 · 283.99
Debt
€30k
2023 · €26k
Debt ≤ 1 year
€30k
2023 · €26k
Income taxes
€3k
2023 · €19k
Staff costs
€165
2023 · €438
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€276k€285k
Fixed assets21/28€31k€40k
Tangible fixed assets22/27€31k€19k
Plant, machinery and equipment23€4k€5k
Furniture and vehicles24€21k€9k
Other tangible fixed assets26€6k€5k
Financial fixed assets28-€21k
Current assets29/58€245k€245k
Amounts receivable within one year40/41€202k€184k
Trade receivables40€15k€641
Other amounts receivable41€186k€184k
Cash at bank and in hand54/58€40k€56k
Deferred charges and accrued income490/1€4k€4k
Equity and liabilities
Total equity and liabilities10/49€276k€285k
Equity10/15€250k€254k
Contributions10/11€8k€8k=
Reserves13€233k€247k
Non-distributable reserves130/1€54k€54k=
Reserves not available under the articles1311€54k€54k=
Tax-exempt reserves132€100k€100k=
Distributable reserves133€80k€94k
Profit (loss) carried forward14€9k-
Amounts payable17/49€26k€30k
Amounts payable within one year42/48€26k€30k
Trade debts44€5k€6k
Suppliers440/4€5k€6k
Taxes, remuneration and social security45€21k€24k
Taxes450/3€14k€17k
Remuneration and social security454/9€8k€8k=
Income statement Code20232024
Remuneration, social security and pensions62€438€165
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€13k
Other operating charges640/8€1k€1k
Gross operating margin9900€65k€22k
Operating profit (loss)9901€48k€7k
Financial income75/76B€957€0
Recurring financial income75€0€0
Non-recurring financial income76B€957-
Financial charges65/66B€224€421
Recurring financial charges65€224€421
Profit (loss) for the period before taxes9903€49k€7k
Income taxes67/77€19k€3k
Profit (loss) for the period9904€30k€4k
Transfer to tax-exempt reserves689€21k-
Profit (loss) for the period to be appropriated9905€9k€4k
Appropriation of the result
Profit (loss) to be appropriated9906€9k€13k
Profit (loss) brought forward from the previous period14P-€9k
Transfer to equity691/2-€13k
To other reserves6921-€13k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
29-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
30-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial Liquidity triplescurrent ratio 9.46
Current ratio from 3.03 to 9.46; short-term debt falls from €91k to €26k.
30-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
31-12
Financial Highest result since 2018net €37k ▲149%
Net result €37k, the highest in the series.
31-12
Financial Equity above €200kEq €220k ▲20.1%
2 profitable years in a row build equity to €220k.
21-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 52 days late
2021
31-12
Financial Back to profitnet €15k
Net result €15k after one loss-making year.
19-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 111 days late
2020
31-12
Financial Weakest financial yearnet €-14k ▼149%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
28-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
28-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
29-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Wetteren · 1 establishment unit since 2003
establishment The establishment unit on the map
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.

Oordegemsesteenweg 2959230 Wetteren
Ground area
3,434 m²
Building footprint
430 m²
Volume, LiDAR
746 m³
2 parcels, Flanders · tallest building 6.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DRAAKJE
Oostdorpstraat 20, 9420 Erpe-MereNACE 92311
since 20032.132.424.046
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42012B0119/00Z000 Flanders 2,138 m² 1 · 222 m² -
41040C0209/00A000 Flanders 1,295 m² 1 · 208 m² 6.1 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 1,257 EUR awarded · 1,257 EUR paid
Year Entries awardedpaid
2022 1 1,257 EUR1,257 EUR
Schemes
Vlaams Beschermingsmechanisme 11 (stopgezet)
1 entry · 1,257 EUR · 1,257 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 8,304 companies in sector 90201 we hold annual accounts for 601. 424 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded19-06-2003
Fiscal year end31-12
Activities, NACEBEL
90201Performing arts by independent artists
92311
90202Performing arts by artistic ensembles
92312
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.