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Driemo

Active
Public limited companyfounded 196957 yrs activeEgaalstraat 11, 8870 Izegem, BelgiumKBO/BCE: BE 0406.457.615
Summary

Driemo has been active since 1969 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13.3m and a net result of €79,467. Equity is growing by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 67% of 1009 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysisWatch ReportCompare
DriemoActiveChecked score 68/100
Risk analysis ReportCompare

Overview

Activity
General construction of residential buildings
NACE 41001General construction of buildings NACE 41201NACE 45211
#1 oldest company in Izegem, Construction sector2 sites
Size
€27.2mtotal assets 2025
Staff
7.6 FTE
Equity
€13.3m
Profit
€79,467
Financial health
68 Healthy Checked score 2025
Bankruptcy chance 12 m
0.7%
Structure
Parent
LOLITHO · 94.2%
Board
1 member
Holdings
2
Accounts filed 49 d late2 of 16 deeds read
Why 68- Latest accounts 49 days late; 2 of the last 3 late- Liquidity: current ratio 1.92, cash €251,820- Sector Construction of residential and non-residential buildings (NACE 41)+ Founded in 1969Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 36% of its sector peers (NACE 41, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 74-3
equity 48.9% of total assets
Liquidity 37-5
short-term debt 32.2% · cash 0.9%
Profitability 26-12
return on assets 0.3%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,373 companies)
Last 24 months 11-2024: 0.4%lowest value 12-2024: 0.4%● 0.0% vs 11-2024lowest value 01-2025: 0.4%▲ +0.5% vs 12-2024 02-2025: 0.4%▲ +2.7% vs 01-2025 03-2025: 0.4%▲ +3.1% vs 02-2025 04-2025: 0.4%▲ +4.3% vs 03-2025 05-2025: 0.5%▲ +15.4% vs 04-2025 06-2025: 0.7%▲ +43.1% vs 05-2025 07-2025: 0.9%▲ +37.5% vs 06-2025 08-2025: 0.9%● 0.0% vs 07-2025 09-2025: 0.9%● 0.0% vs 08-2025 10-2025: 0.9%● 0.0% vs 09-2025 11-2025: 0.9%▼ -0.6% vs 10-2025 12-2025: 0.9%● 0.0% vs 11-2025 01-2026: 0.9%▲ +0.4% vs 12-2025 02-2026: 1.0%▲ +2.7% vs 01-2026 03-2026: 0.9%▼ -2.9% vs 02-2026 04-2026: 1.0%▲ +3.3% vs 03-2026 05-2026: 0.9%▼ -2.7% vs 04-2026 06-2026: 1.5%▲ +62.0% vs 05-2026 07-2026: 1.7%▲ +12.3% vs 06-2026 08-2026: 2.2%▲ +30.8% vs 07-2026 09-2026: 2.3%▲ +3.8% vs 08-2026highest value 10-2026: 0.7%▼ -68.1% vs 09-2026
  • Latest accounts 49 days late; 2 of the last 3 late raises the probability
  • Liquidity: current ratio 1.92, cash €251,820 raises the probability
  • Founded in 1969 lowers the probability for this profile
  • Sector Construction of residential and non-residential buildings (NACE 41) raises the probability
Credit up to €900,000 at 30 days acceptable
Liquidity ample (current ratio 1.92 against 2.48 in 2024; short-term debt: 32.2% and cash: 0.9% of total assets), but 51.1% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 41, micro). Better than this share of them on solvency 57%, liquidity 33%, profitability 18%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Latest accounts 49 days late; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Liquidity: current ratio 1.92, cash €251,820
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1969
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Sector Construction of residential and non-residential buildings (NACE 41)
In the bankruptcy model this factor raises the probability.
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-09-2026, 49 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.
NBB · 10 filings
Deviation from the deadline
2025
49 d late
2024
3 d late
2023
33 d late
2022
48 d late
2021
30 d late
2020
10 d late
2019
4 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 24 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Capital & shares · RestructuringResignations: SEURYNCK Luc, SEURYNCK Marc…
  3. Restructuring · MiscellaneousResignations: SEURYNCK Luc, Marc and…

Key points

  • Positive: Back in profit in 2025after -€7,819 in 2024 €79,467 View
  • Positive: Oldest company in Izegem, Construction sectorin the Checked rankings #1 View
  • Caution: Directors leftlatest change 21-05-2026 · 1 in office 3 left View
  • Controlled by LOLITHOitself parent of 2 companies 94.2% View
  • Merger with IMMO DE LAAGTEmerger on 21-05-2026 2026 View
  • Active since 1969founded 19-03-1969 57 years View

By topic

Financials

Fiscal year
2025
Total assets
€27.2m
Profit
€79,467
Solvency
48.9%
Total assets▲ 18.5%
Net result
20182025
Go to Financials

Timeline

Events
17
Since
2017
  1. 18-09-2026Annual accounts filed
  2. 21-05-2026Capital & shares · Restructuring
  3. 11-03-2026Restructuring · Miscellaneous
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
General construction of residential buildingsNACE 41001
Founded
19-03-1969
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

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