DRANACO
ActiveSummary
DRANACO has been active since 1919 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.87M and a net result of €480k. Equity is growing by ~19% per year across the filed fiscal years. Its solvency ranks better than 49% of 4886 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
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Financials · fiscal year 2025, full schema
Filed annual accounts As filed with the NBB · 2025 against 2024 · 87 lines
The notes to these accounts (63 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €15.04M | €17.68M | €14.33M | €11.84M | €12.08M | ▲ 2.1% |
| Turnover70 | €15.04M | €17.62M | €14.28M | €11.83M | €12.07M | ▲ 2.0% |
| Other operating income74 | €5k | €19k | €14k | €11k | €16k | ▲ 40.9% |
| Non-recurring operating income76A | - | €40k | €34k | - | - | - |
| Operating charges60/66A | €14.73M | €16.68M | €13.47M | €11.46M | €11.51M | ▲ 0.4% |
| Goods for resale, raw materials and consumables60 | €12.69M | €14.70M | €11.61M | €9.67M | €9.81M | ▲ 1.5% |
| Purchases600/8 | €12.83M | €14.73M | €11.62M | €9.68M | €9.87M | ▲ 2.0% |
| Change in stocks: decrease (increase)609 | €-139k | €-30k | €-15k | €-18k | €-66k | ▼ 271% |
| Services and other goods61 | €1.75M | €1.67M | €1.49M | €1.42M | €1.40M | ▼ 1.8% |
| Remuneration, social security and pensions62 | €147k | €162k | €204k | €216k | €193k | ▼ 10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €78k | €82k | €126k | €100k | €94k | ▼ 5.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €10k | €-43 | - | - | - | - |
| Other operating charges640/8 | €48k | €64k | €11k | €57k | €14k | ▼ 74.6% |
| Non-recurring operating charges66A | - | - | €34k | - | - | - |
| Operating profit (loss)9901 | €314k | €998k | €859k | €373k | €574k | ▲ 53.7% |
| Financial income75/76B | €414k | €66k | €41k | €101k | €68k | ▼ 32.2% |
| Recurring financial income75 | €414k | €66k | €41k | €101k | €68k | ▼ 32.2% |
| Income from financial fixed assets750 | - | - | - | €26k | - | - |
| Income from current assets751 | €388k | €29k | €19k | €23k | €21k | ▼ 8.2% |
| Other financial income752/9 | €26k | €38k | €22k | €52k | €47k | ▼ 8.7% |
| Financial charges65/66B | €109k | €97k | €69k | €58k | €64k | ▲ 11.2% |
| Recurring financial charges65 | €109k | €97k | €69k | €58k | €64k | ▲ 11.2% |
| Debt charges650 | €104k | €84k | €65k | €50k | €49k | ▼ 3.5% |
| Other financial charges652/9 | €6k | €13k | €4k | €7k | €15k | ▲ 116% |
| Profit (loss) for the period before taxes9903 | €619k | €968k | €831k | €416k | €578k | ▲ 38.8% |
| Income taxes67/77 | - | - | €14k | €60k | €98k | ▲ 63.8% |
| Taxes670/3 | - | - | €14k | €63k | €98k | ▲ 55.8% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €3k | - | - |
| Profit (loss) for the period9904 | €619k | €968k | €816k | €356k | €480k | ▲ 34.6% |
| Profit (loss) for the period to be appropriated9905 | €619k | €968k | €816k | €356k | €480k | ▲ 34.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7.23M | €6.60M | €6.32M | €5.65M | €6.43M | ▲ 13.7% |
| Fixed assets21/28 | €1.63M | €1.54M | €1.70M | €1.65M | €1.60M | ▼ 2.7% |
| Intangible fixed assets21 | €155k | €130k | €106k | €97k | €77k | ▼ 20.7% |
| Tangible fixed assets22/27 | €1.14M | €1.08M | €1.18M | €1.11M | €1.08M | ▼ 2.1% |
| Land and buildings22 | €756k | €756k | €756k | €756k | €756k | = |
| Plant, machinery and equipment23 | €64k | €41k | €19k | €10k | €2k | ▼ 79.4% |
| Furniture and vehicles24 | €68k | €30k | €130k | €103k | €71k | ▼ 31.3% |
| Other tangible fixed assets26 | €37k | €31k | €270k | €238k | €255k | ▲ 7.1% |
| Assets under construction and advance payments27 | €216k | €216k | - | - | - | - |
| Financial fixed assets28 | €330k | €337k | €419k | €441k | €440k | ▼ 0.2% |
| Companies linked by participating interests282/3 | €279k | €327k | €417k | €438k | €437k | ▼ 0.2% |
| Participating interests282 | €279k | €327k | €417k | €438k | €437k | ▼ 0.2% |
| Other financial fixed assets284/8 | €51k | €10k | €3k | €3k | €3k | = |
| Shares284 | €174 | €174 | €174 | €174 | €174 | = |
| Amounts receivable and cash guarantees285/8 | €51k | €10k | €2k | €2k | €2k | = |
| Current assets29/58 | €5.61M | €5.06M | €4.62M | €4.01M | €4.83M | ▲ 20.4% |
| Amounts receivable after more than one year29 | - | - | €500k | €500k | €1.18M | ▲ 135% |
| Other amounts receivable291 | - | - | €500k | €500k | €1.18M | ▲ 135% |
| Stocks and contracts in progress3 | €399k | €429k | €443k | €461k | €527k | ▲ 14.3% |
| Stocks30/36 | €399k | €429k | €443k | €461k | €527k | ▲ 14.3% |
| Goods purchased for resale34 | €399k | €429k | €443k | €461k | €527k | ▲ 14.3% |
| Amounts receivable within one year40/41 | €5.11M | €4.48M | €2.77M | €2.46M | €2.69M | ▲ 9.4% |
| Trade receivables40 | €3.22M | €3.86M | €2.56M | €2.24M | €2.44M | ▲ 9.0% |
| Other amounts receivable41 | €1.90M | €617k | €214k | €218k | €246k | ▲ 12.7% |
| Current investments50/53 | - | - | - | - | €305k | - |
| Other investments51/53 | - | - | - | - | €305k | - |
| Cash at bank and in hand54/58 | €51k | €151k | €894k | €572k | €125k | ▼ 78.1% |
| Deferred charges and accrued income490/1 | €44k | €263 | €4k | €20k | €8k | ▼ 59.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7.23M | €6.60M | €6.32M | €5.65M | €6.43M | ▲ 13.7% |
| Equity10/15 | €1.35M | €2.31M | €2.43M | €2.59M | €2.87M | ▲ 10.8% |
| Contributions10/11 | €347k | €347k | €347k | €347k | €347k | = |
| Capital10 | €347k | €347k | €347k | €347k | €347k | = |
| Issued capital100 | €347k | €347k | €347k | €347k | €347k | = |
| Reserves13 | €961k | €1.90M | €2.03M | €2.19M | €2.48M | ▲ 13.2% |
| Non-distributable reserves130/1 | €122k | €122k | €122k | €122k | €122k | = |
| Legal reserve130 | €35k | €35k | €35k | €35k | €35k | = |
| Reserves not available under the articles1311 | €88k | €88k | €88k | €88k | €88k | = |
| Distributable reserves133 | €839k | €1.78M | €1.91M | €2.07M | €2.36M | ▲ 14.0% |
| Profit (loss) carried forward14 | €38k | €62k | €50k | €51k | €41k | ▼ 19.5% |
| Amounts payable17/49 | €5.89M | €4.29M | €3.89M | €3.07M | €3.56M | ▲ 16.1% |
| Amounts payable after more than one year17 | €69k | €60k | €119k | €195k | €134k | ▼ 31.5% |
| Financial debts170/4 | €9k | - | €59k | €195k | €134k | ▼ 31.5% |
| Credit institutions173 | €9k | - | €59k | €195k | €134k | ▼ 31.5% |
| Other amounts payable178/9 | €60k | €60k | €60k | - | - | - |
| Amounts payable within one year42/48 | €5.82M | €4.22M | €3.72M | €2.87M | €3.43M | ▲ 19.3% |
| Current portion of amounts payable after more than one year42 | €55k | €9k | €17k | €61k | €62k | ▲ 1.2% |
| Financial debts43 | €2.96M | €1.89M | €1.12M | €881k | €1.17M | ▲ 33.1% |
| Credit institutions430/8 | €1.77M | €728k | - | - | €334k | - |
| Other loans439 | €1.19M | €1.16M | €1.12M | €881k | €839k | ▼ 4.8% |
| Trade debts44 | €2.58M | €2.12M | €1.72M | €1.56M | €1.78M | ▲ 13.7% |
| Suppliers440/4 | €2.58M | €2.12M | €1.72M | €1.56M | €1.78M | ▲ 13.7% |
| Taxes, remuneration and social security45 | €219k | €207k | €165k | €167k | €216k | ▲ 29.0% |
| Taxes450/3 | €201k | €186k | €134k | €143k | €188k | ▲ 31.5% |
| Remuneration and social security454/9 | €18k | €20k | €30k | €24k | €27k | ▲ 13.6% |
| Other amounts payable47/48 | - | - | €700k | €200k | €200k | ▼ 0.1% |
| Accrued charges and deferred income492/3 | €4k | €3k | €43k | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €619k | €968k | €816k | €356k | €480k | ▲ 34.6% |
| + Depreciation and write-downs630 | €78k | €82k | €126k | €100k | €94k | ▼ 5.6% |
| Operating cash flow (approximation) | €697k | €1.05M | €943k | €457k | €574k | ▲ 25.8% |
| Investment in fixed assets (approximation) | - | €3k | €-285k | €-44k | €-50k | ▼ 12.8% |
| Change in cash | - | €99k | €743k | €-322k | €-447k | ▼ 38.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Show earlier events
About the unread acts
We know of 15 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
2 establishment units
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11802B0064/00E002 | Flanders | 2,424 m² | 1 · 1,357 m² | 25.5 m · 7 fl. |
| 11422C0587/00M000 | Flanders | 345 m² | - | - |
Linked by address, not proof of ownership
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 236 EUR awarded · 236 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 199 EUR | 236 EUR |
| 2023 | 1 | 37 EUR | 0 EUR |
Similar companies · same sector, comparable size
Identification & contact
Scores and ratios are computed by Checked and are not a credit decision.