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DRAGXEN CONSTRUCT

Active
General partnership·Algemene bouw van residentiële gebouwen· 3 yrs active
Leuvensesteenweg 246 ·1932 Zaventem, Belgium
KBO/BCE: BE 0801.428.054
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Age3 yrs
Real estate2 parcels · 619 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of DRAGXEN CONSTRUCT is 2.3% (moderate). The 2024 annual accounts show equity of €43k and a net result of €43k. Its solvency ranks better than 95% of 220 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Based on the State Gazette, CBE and 1 annual account.

Signals

1 signal · with evidence
Strong solvency vs sector
Solvency is in the sector's strongest quartile: better than 95% of 220 peers (2024). A comfortable equity buffer.
View the sector comparison

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Filed after the deadline
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 03-06-2025, 34 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.
How we compute the deadline
There is a single filed set of accounts, closing on 30-09. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-09-2024, that is 30-04-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
30-09-2024 30-04-2025 03-06-2025 34 d late 2025-00125768

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

1 signal
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

1 event
Address struck

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.3% Moderate
0%0,5%1,5%4%10%≥25%
Lower-risk legal form −Young company +Recent warning signals +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Turnover€168k
EBIT margin26.0%
Net result€43k
Working capital€43k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 03-06-2025 with the NBB · fiscal year 2024 · volledig
Sector comparison
Fiscal year 2024 · NACE 41, Construction of buildings · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 95.0% 24.8%
better than 95% of 220 sector peers
Net result €43k €12k
better than 70% of 220 sector peers
Equity €43k €55k
better than 45% of 220 sector peers
Gross operating margin €44k €43k
better than 50% of 193 sector peers
Total assets €46k €356k
better than 19% of 221 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Depositvolledig
Revenue€168k
EBITDA-
Net profit€43k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€46k
Equity€43k
Debt€2k
of which ≤ 1y€2k
of which > 1y-
Working capital€43k
Employees (FTE)-
Ratios (computed)
2024
Current ratio20.08
Quick ratio20.08
Working capital ratio95.0%
Solvency95.0%
Debt / equity0.05
Long-term debt ratio-
Interest coverage-
Gross margin26.0%
Net margin25.9%
ROA95.0%
ROE100.0%
EBITDA margin-
Days sales outstanding84d
Days payable outstanding3d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€46k
Current assets 29/58€46k
Amounts receivable within one year 40/41€39k
Cash & bank 54/58€6k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€46k
Equity 10/15€43k
Accumulated profits (losses) 14€43k
Amounts payable 17/49€2k
Amounts payable within one year 42/48€2k
Trade debts payable within one year 44€1k
Income statement
Turnover 70€168k
Gross operating margin 9900€44k
Operating result 9901€44k
Financial charges 65€82
Result before taxes 9903€43k
Net result for the period 9904€43k
Result to be appropriated 9905€43k
Ratios computed by Checked.

Health barometer

FY 2024 · computed
85 / 100 Excellent
050100
Computed from 3 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Establishment units

1 location
DRAGXEN CONSTRUCT
Reparatie en onderhoud van verwarmingsinstallaties
since 20232.346.466.127
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area619 m²
Buildings2
Building footprint279 m²
Volume (LiDAR)2,375 m³
Tallest building11.6 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23078A0472/00L000 Flanders 461 m² 1 · 192 m² 10.8 m · 3 fl.
23095B0101/00N017 Flanders 158 m² 1 · 87 m² 11.6 m · 3 fl.
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.

Publications

Lifecycle & Insolvency Signals

1 event from the State Gazette
16-05-2025
KBO administration Address struck
Date: 25-03-2025 · Laarbeeklaan 21 1731 Die Sitzadresse Laarbeeklaan 21 1731 Asse Asse · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-05-16 · KBO administration · Address struck
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgisch Staatsblad · acts

1 acts
Address history · 1
22-05-2025
Registered-office move
All acts · 1 updated 1 year ago
2025
22-05-2025 Registered office moved from Asse to Zaventem Registered-office change
  • Laarbeeklaan 21-1731 Asse → Leuvensesteenweg 246/1, à 1932 Zaventem

Analysis

Snowflake analysis

financial profile on 5 axes
Health85Profitability100Solvency100Growth-Stability71
89 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 85
Profitability 100
Solvency 100
Growth -
Stability 71

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Algemene bouw van residentiële gebouwen41001Algemene bouw van residentiële gebouwen41201Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Loodgieterswerk43221Sanitaire werkzaamheden43221Overige bouwinstallatie43240Overige bouwinstallatie, n.e.g.43299Dakwerkzaamheden43410Dakwerkzaamheden43910
Primary activity highlighted.
Names & trade names
Legal nameNL DRAGXEN CONSTRUCT
Registered office
Leuvensesteenweg 246 bus 1
1932 Zaventem, Belgium
Registration history
  1. 25-03-2025 Address struck
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.