DRIDE
DRIDE has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €207k and a net result of €39k. Equity is growing by ~32.3% per year across the filed fiscal years. Its solvency ranks better than 53% of 3177 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
| Equity | €207k |
| Net result | €39k |
| Better than sector | 53% |
| Active | 6 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 56.3% | 53.8% | |
| Net result | €39k | €18k | |
| Equity | €207k | €40k | |
| Gross operating margin | €61k | €36k | |
| Total assets | €367k | €94k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | €59k | €104k | €78k |
| Net profit | €39k | €79k | €64k |
| Cash flow | €50k | €84k | €69k |
| Staff costs | - | - | - |
| Income taxes | €6k | €20k | €9k |
| Dividends | - | - | - |
| Total assets | €367k | €199k | €121k |
| Equity | €207k | €173k | €95k |
| Debt | €160k | €25k | €26k |
| of which ≤ 1y | €48k | €25k | €26k |
| of which > 1y | €112k | - | - |
| Working capital | €47k | €61k | €82k |
| Employees (FTE) | - | - | - |
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Current ratio | 1.98 | 3.38 | 4.20 |
| Quick ratio | 1.98 | 3.38 | 4.20 |
| Working capital ratio | 12.9% | 30.5% | 67.9% |
| Solvency | 56.3% | 87.2% | 78.4% |
| Debt / equity | 0.78 | 0.15 | 0.28 |
| Long-term debt ratio | 0.54 | - | - |
| Interest coverage | 21.09 | 976.74 | 914.51 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 10.5% | 39.5% | 53.0% |
| ROE | 18.7% | 45.3% | 67.6% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (22 line items)
| Line item | Code | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €367k | €199k | €121k |
| Fixed assets | 21/28 | €272k | €113k | €13k |
| Tangible fixed assets | 22/27 | €272k | €113k | €13k |
| Current assets | 29/58 | €95k | €86k | €108k |
| Amounts receivable within one year | 40/41 | €28k | €43k | €40k |
| Cash & bank | 54/58 | €67k | €31k | €66k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €367k | €199k | €121k |
| Equity | 10/15 | €207k | €173k | €95k |
| Contributions / capital | 10/11 | €2k | €2k | €2k |
| Accumulated profits (losses) | 14 | €205k | €172k | €93k |
| Amounts payable | 17/49 | €160k | €25k | €26k |
| Amounts payable after one year | 17 | €112k | - | - |
| Amounts payable within one year | 42/48 | €48k | €25k | €26k |
| Trade debts payable within one year | 44 | €4k | €4k | €1k |
| Income statement | ||||
| Gross operating margin | 9900 | €61k | €105k | €79k |
| Operating result | 9901 | €48k | €99k | €73k |
| Financial income | 75 | €4 | €1 | €7 |
| Financial charges | 65 | €3k | €107 | €85 |
| Result before taxes | 9903 | €45k | €99k | €73k |
| Income taxes | 67/77 | €6k | €20k | €9k |
| Net result for the period | 9904 | €39k | €79k | €64k |
| Result to be appropriated | 9905 | €39k | €79k | €64k |
| NACE primary | Other business support services(82990) |
| Legal form | Private limited company(610) |
| Incorporation | 16-09-2019 |
| Status | Active |
| Postal code | 2000 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3705/00E002 | Flanders | 83 m² | 1 · 83 m² | 20.1 m · 6 fl. |
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
| Legal nameNL | DRIDE |