Dranoeter
ActiveSummary
Dranoeter has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €913k and a net result of €-194k. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 42% of 538 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability43▼-37
Solvency61▼-24
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity short (current ratio 0.98 against 1.89 in 2023; short-term debt: 22.9% and cash: 2.7% of total assets), and 64.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
35.8%
Return on assets
-7.6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d early
2023
37 d early
2022
20 d early
2021
41 d early
2020
40 d early
2019
40 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€913k▼ 19.8%
2023 · €1.14M
2018: €914k
2019: €1.01M
2020: €860k
2021: €930k
2022: €991k
2023: €1.14M
2018 → 2024
Total assets
€2.55M▲ 35.0%
2023 · €1.89M
2018: €1.74M
2019: €1.57M
2020: €1.51M
2021: €1.89M
2022: €1.83M
2023: €1.89M
2018 → 2024
Net result
€-194k
2023 · €177k
2018: €196k
2019: €119k
2020: €-126k
2021: €25k
2022: €91k
2023: €177k
2018 → 2024
Working capital
€-13k
2023 · €406k
2018: €98k
2019: €219k
2020: €289k
2021: €454k
2022: €255k
2023: €406k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€860k-€930k▲ 8.1%€991k▲ 6.5%€1.14M▲ 14.8%€913k▼ 19.8%
Operating result€-121k-€52k€114k▲ 119%€190k▲ 66.1%€-182k
Net result€-126k-€25k€91k▲ 263%€177k▲ 94.5%€-194k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €182k after €190k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.55M
Fixed assets
€1.98M ▲ 93.3%
Current assets
€571k ▼ 33.9%
Equity and liabilities €2.55M
Equity
€913k ▼ 19.8%
Debt
€1.63M ▲ 118%
Debt's share of the balance-sheet total rises from 39.7% to 64.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€68k▼
2023 · €423k
Cash flow
€56k▼
2023 · €411k
Current ratio
0.98▼
2023 · 1.89
Debt to equity
1.79▲
2023 · 0.66
ROE
-21.3%▼
2023 · 15.6%
ROA
-7.6%▼
2023 · 9.4%
Interest coverage
4.01▼
2023 · 31.80
Debt ≤ 1 year
€584k▲
2023 · €458k
Debt > 1 year
€1.05M▲
2023 · €291k
Income taxes
€2k▲
2023 · €49
Staff costs
€378k▲
2023 · €337k
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 · 2024 against 2023 · 52 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.89M€2.55M▲
Fixed assets21/28€1.02M€1.98M▲
Tangible fixed assets22/27€1.02M€1.96M▲
Land and buildings22€673k€1.63M▲
Plant, machinery and equipment23€293k€289k▼
Furniture and vehicles24€50k€38k▼
Financial fixed assets28€6k€17k▲
Current assets29/58€864k€571k▼
Amounts receivable within one year40/41€487k€461k▼
Trade receivables40€130k€114k▼
Other amounts receivable41€357k€347k▼
Current investments50/53-€11k
Cash at bank and in hand54/58€314k€69k▼
Deferred charges and accrued income490/1€63k€30k▼
Equity and liabilities
Total equity and liabilities10/49€1.89M€2.55M▲
Equity10/15€1.14M€913k▼
Contributions10/11-€966k
Capital10-€966k
Profit (loss) carried forward14€177k€-194k▼
Investment grants15€171k€141k▼
Amounts payable17/49€749k€1.63M▲
Amounts payable after more than one year17€291k€1.05M▲
Financial debts170/4€291k€1.05M▲
Amounts payable within one year42/48€458k€584k▲
Current portion of amounts payable after more than one year42€58k€145k▲
Financial debts43-€1k
Credit institutions430/8-€1k
Trade debts44€166k€100k▼
Suppliers440/4€166k€100k▼
Advances received on contracts in progress46€180k€281k▲
Taxes, remuneration and social security45€54k€57k▲
Taxes450/3€8k€12k▲
Remuneration and social security454/9€46k€44k▼
Accrued charges and deferred income492/3-€93
Income statement
Code20232024
Non-recurring operating income76A€4k-
Remuneration, social security and pensions62€337k€378k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€233k€250k▲
Other operating charges640/8€75k€91k▲
Gross operating margin9900€834k€536k▼
Operating profit (loss)9901€190k€-182k▼
Financial income75/76B€745€7k▲
Recurring financial income75€745€7k▲
Financial charges65/66B€13k€17k▲
Recurring financial charges65€13k€17k▲
Profit (loss) for the period before taxes9903€177k€-192k▼
Income taxes67/77€49€2k▲
Profit (loss) for the period9904€177k€-194k▼
Profit (loss) for the period to be appropriated9905€177k€-194k▼
Appropriation of the result
Profit (loss) to be appropriated9906€268k€-194k▼
Profit (loss) brought forward from the previous period14P€91k-
To contributions691€91k-
Social balance
Average headcount (FTE)90875.86.1▲
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-194k
Net result drops to €-194k, the lowest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €1MEq €1.14M ▲14.8%
3 profitable years in a row build equity to €1.14M.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 40 days late
2019
31-12
Financial
Equity above €1MEq €1.01M ▲10.5%
2 profitable years in a row build equity to €1.01M.
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 13 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 days late
2016
08-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 39 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
6 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, Heuvelland · 1 establishment unit since 2006
Ground area
1,529 m²
Building footprint
905 m²
Volume, LiDAR
7,013 m³
Parcel 33006A0215/00N000, Flanders · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Folkfestival Dranouter vzw
since 20062.156.463.913
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33006A0215/00N000 | Flanders | 1,529 m² | 1 · 905 m² | 9.7 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 29,985 EUR awarded · 29,985 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 2,653 EUR |
| 2024 | 1 | 26,529 EUR | 23,876 EUR |
| 2022 | 1 | 3,456 EUR | 3,456 EUR |
Schemes
Professionele kunsten: Projectsubsidie voor een initiatief van een kunstenaar, een kunstwerker of een kunstenorganisatie (Kunstendecreet 2021)
Globalisatiemechanisme (stopgezet)
Similar companies · same sector, comparable size
Vrij Van Zegel vzw
BE 0769.391.924
Lille · Eq €905,153
ZIPPOLLA EVENEMENTENBOUW
BE 0445.547.526
Haacht · Eq €902,036
+ PLUS
BE 0848.059.617
Sint-Gillis (bij-Brussel) · Eq €890,326
Fête des Solidarités
BE 0511.967.087
Namur · Eq €889,598
Photonics
BE 0870.368.429
Zottegem · Eq €866,235
Of 3,523 companies in sector 90391 we hold annual accounts for 681. 288 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 formNon-profit association
Founded05-12-1981
Fiscal year end31-12
Activities, NACEBEL 2025
90202Performing arts by artistic ensembles
90393Specialised image, lighting and sound technical services
90391Promotion and organisation of arts and performing arts events
55203Holiday cottages, homes and apartments
56210Event catering
82400Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.