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Driconan

Active
Private limited company·Algemene elektrotechnische installatiewerken· 2 yrs active
Brugsestraat 145 ·8531 Harelbeke, Belgium
KBO/BCE: BE 1004.597.029
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Age2 yrs
Real estate1 parcel · 767 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Driconan is 2.6% (moderate). The 2024 annual accounts show equity of €40k and a net result of €39k. Its solvency ranks better than 45% of 11088 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

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

Filing behaviour

From the deposit records, complete market-wide
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-07-2025, 13 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
There is a single filed set of accounts, closing on 31-12. 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 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2024 31-07-2025 18-07-2025 13 d early 2025-00289044

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

2 signals
Young company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.6% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +

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

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€39k
Working capital€-5k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 18-07-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 37.2% 40.9%
better than 45% of 11088 sector peers
Net result €39k €11k
better than 81% of 11070 sector peers
Equity €40k €34k
better than 55% of 11091 sector peers
Gross operating margin €63k €35k
better than 69% of 11060 sector peers
Total assets €107k €93k
better than 55% of 11088 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Depositmicro
Revenue-
EBITDA€63k
Net profit€39k
Cash flow€52k
Staff costs-
Income taxes€10k
Dividends-
Total assets€107k
Equity€40k
Debt€67k
of which ≤ 1y€67k
of which > 1y-
Working capital€-5k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.92
Quick ratio0.76
Working capital ratio-4.8%
Solvency37.2%
Debt / equity1.69
Long-term debt ratio-
Interest coverage1065.06
Gross margin-
Net margin-
ROA36.2%
ROE97.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
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€107k
Fixed assets 21/28€45k
Intangible fixed assets 21€403
Tangible fixed assets 22/27€44k
Current assets 29/58€62k
Stocks & contracts in progress 3€11k
Amounts receivable within one year 40/41€14k
Cash & bank 54/58€34k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€107k
Equity 10/15€40k
Contributions / capital 10/11€1k
Reserves 13€39k
Amounts payable 17/49€67k
Amounts payable within one year 42/48€67k
Trade debts payable within one year 44€60k
Income statement
Gross operating margin 9900€63k
Operating result 9901€49k
Financial income 75€48
Financial charges 65€59
Result before taxes 9903€49k
Income taxes 67/77€10k
Net result for the period 9904€39k
Result to be appropriated 9905€39k
Ratios computed by Checked.

Health barometer

FY 2024 · computed
61 / 100 Healthy
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
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.

Brugsestraat 1458531 Harelbeke

Establishment units

1 location
Driconan
Brugsestraat 145, 8531 HarelbekeVervaardiging van artikelen van beton voor de bouw
since 20242.354.344.903
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area767 m²
Buildings1
Building footprint160 m²
Volume (LiDAR)1,169 m³
Tallest building13.9 m · ±2 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 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34017C0069/02X002 Flanders 767 m² 1 · 160 m² 13.9 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health61Profitability100Solvency56Growth-Stability67
71 / 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 61
Profitability 100
Solvency 56
Growth -
Stability 67

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Credit advice

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

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 3,224 of the 22,775 companies in this sector. 2,852 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Vervaardiging van artikelen van beton voor de bouw23610Vervaardiging van artikelen van beton voor de bouw23610Installatie van industriële machines, toestellen en werktuigen33200Installatie van industriële machines, toestellen en werktuigen33200Overige bouwinstallatie43240Overige bouwinstallatie, n.e.g.43299Overige gespecialiseerde bouwactiviteiten, neg43990Overige gespecialiseerde bouwwerkzaamheden43999Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990
Primary activity highlighted.
Names & trade names
Legal nameNL Driconan
Registered office
Brugsestraat 145
8531 Harelbeke, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.