DRL
ActiveSummary
DRL has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €426k and a net result of €6k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 33% of 9624 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability39▼-3
Solvency50▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity tight (current ratio 1.23 against 1.2 in 2023; short-term debt: 72.1% and cash: 2.2% of total assets), and 75.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
58 d late
2022
102 d late
2021
121 d late
2020
122 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€426k▲ 1.5%
2023 · €420k
2018: €419k
2019: €437k▲ +4.1% vs 2018
2020: €440k▲ +0.8% vs 2019
2021: €443k▲ +0.7% vs 2020highest in 7 years
2022: €405k▼ -8.7% vs 2021lowest in 7 years
2023: €420k▲ +3.8% vs 2022
2024: €426k▲ +1.5% vs 2023
2018 → 2024
Total assets
€1.72M▼ 0.8%
2023 · €1.74M
2018: €1.77M
2019: €1.76M▼ -0.3% vs 2018
2020: €1.80M▲ +2.3% vs 2019
2021: €2.53M▲ +40.1% vs 2020highest in 7 years
2022: €2.13M▼ -15.8% vs 2021
2023: €1.74M▼ -18.4% vs 2022
2024: €1.72M▼ -0.8% vs 2023lowest in 7 years
2018 → 2024
Net result
€6k▼ 59.8%
2023 · €15k
2018: €-5k
2019: €17k▲ +430% vs 2018highest in 7 years
2020: €3k▼ -80.4% vs 2019
2021: €3k▼ -6.6% vs 2020
2022: €-38k▼ -1317% vs 2021lowest in 7 years
2023: €15k▲ +140% vs 2022
2024: €6k▼ -59.8% vs 2023
2018 → 2024
Working capital
€284k▲ 13.3%
2023 · €250k
2018: €319k
2019: €313k▼ -1.9% vs 2018
2020: €281k▼ -10.1% vs 2019
2021: €364k▲ +29.4% vs 2020highest in 7 years
2022: €229k▼ -37.0% vs 2021lowest in 7 years
2023: €250k▲ +9.1% vs 2022
2024: €284k▲ +13.3% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€440k-€443k▲ 0.7%€405k▼ 8.7%€420k▲ 3.8%€426k▲ 1.5%
2020: €440k
2021: €443k▲ +0.7% vs 2020highest in 5 years
2022: €405k▼ -8.7% vs 2021lowest in 5 years
2023: €420k▲ +3.8% vs 2022
2024: €426k▲ +1.5% vs 2023
Operating result€29k-€32k▲ 9.6%€-24k€57k€61k▲ 7.6%
2020: €29k
2021: €32k▲ +9.6% vs 2020
2022: €-24k▼ -174% vs 2021lowest in 5 years
2023: €57k▲ +339% vs 2022
2024: €61k▲ +7.6% vs 2023highest in 5 years
Net result€3k-€3k▼ 6.6%€-38k€15k€6k▼ 59.8%
2020: €3k
2021: €3k▼ -6.6% vs 2020
2022: €-38k▼ -1317% vs 2021lowest in 5 years
2023: €15k▲ +140% vs 2022highest in 5 years
2024: €6k▼ -59.8% vs 2023
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 8% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.72M
Fixed assets
€198k ▼ 23.0%
Current assets
€1.53M ▲ 3.0%
Equity and liabilities €1.72M
Equity
€426k ▲ 1.5%
Debt
€1.30M ▼ 1.6%
Debt's share of the balance-sheet total falls from 75.8% to 75.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€128k▲
2023 · €124k
Cash flow
€73k▼
2023 · €83k
Current ratio
1.23▲
2023 · 1.20
Quick ratio
0.39▼
2023 · 0.42
Debt to equity
3.04▼
2023 · 3.13
ROE
1.4%▼
2023 · 3.7%
ROA
0.4%▼
2023 · 0.9%
Interest coverage
2.40▼
2023 · 2.62
Debt ≤ 1 year
€1.24M▲
2023 · €1.23M
Debt > 1 year
€55k▼
2023 · €87k
Income taxes
€8k▲
2023 · €2k
Staff costs
€340k▲
2023 · €317k
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 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.74M€1.72M▼
Fixed assets21/28€257k€198k▼
Tangible fixed assets22/27€257k€198k▼
Land and buildings22€220k€166k▼
Plant, machinery and equipment23€37k€32k▼
Furniture and vehicles24€124-
Current assets29/58€1.48M€1.53M▲
Stocks and contracts in progress3€966k€1.04M▲
Stocks30/36€966k€1.04M▲
Amounts receivable within one year40/41€491k€443k▼
Trade receivables40€481k€433k▼
Other amounts receivable41€10k€10k▲
Cash at bank and in hand54/58€21k€38k▲
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€1.74M€1.72M▼
Equity10/15€420k€426k▲
Contributions10/11€372k€372k=
Reserves13€112k€118k▲
Distributable reserves133€112k€118k▲
Profit (loss) carried forward14€-64k€-64k=
Amounts payable17/49€1.32M€1.30M▼
Amounts payable after more than one year17€87k€55k▼
Financial debts170/4€87k€55k▼
Amounts payable within one year42/48€1.23M€1.24M▲
Current portion of amounts payable after more than one year42€607k€609k▲
Financial debts43€1k€3k▲
Credit institutions430/8€1k€3k▲
Trade debts44€38k€76k▲
Suppliers440/4€38k€76k▲
Taxes, remuneration and social security45€140k€110k▼
Taxes450/3€107k€72k▼
Remuneration and social security454/9€33k€38k▲
Other amounts payable47/48€444k€444k=
Income statement
Code20232024
Remuneration, social security and pensions62€317k€340k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67k€67k▼
Other operating charges640/8€34k€46k▲
Gross operating margin9900€476k€514k▲
Operating profit (loss)9901€57k€61k▲
Financial income75/76B€8k€6k▼
Recurring financial income75€8k€6k▼
Financial charges65/66B€47k€53k▲
Recurring financial charges65€47k€53k▲
Profit (loss) for the period before taxes9903€17k€14k▼
Income taxes67/77€2k€8k▲
Profit (loss) for the period9904€15k€6k▼
Profit (loss) for the period to be appropriated9905€15k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-48k€-58k▼
Profit (loss) brought forward from the previous period14P€-64k€-64k=
Transfer to equity691/2€15k€6k▼
To other reserves6921€15k€6k▼
Social balance
Average headcount (FTE)90875.45.8▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €169k | €210k | €317k | €340k | ▲ 7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €70k | €72k | €62k | €67k | €67k | ▼ 1.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €8k | €890 | - | - | - |
| Other operating charges640/8 | - | €434 | €27k | €34k | €46k | ▲ 34.3% |
| Gross operating margin9900 | €240k | €280k | €276k | €476k | €514k | ▲ 8.1% |
| Operating profit (loss)9901 | €29k | €32k | €-24k | €57k | €61k | ▲ 7.6% |
| Financial income75/76B | - | €6k | €21k | €8k | €6k | ▼ 23.5% |
| Recurring financial income75 | €3k | €6k | €6k | €8k | €6k | ▼ 23.5% |
| Non-recurring financial income76B | - | - | €15k | - | - | - |
| Financial charges65/66B | - | €33k | €36k | €47k | €53k | ▲ 12.5% |
| Recurring financial charges65 | €40k | €33k | €36k | €47k | €53k | ▲ 12.5% |
| Profit (loss) for the period before taxes9903 | €5k | €5k | €-38k | €17k | €14k | ▼ 19.8% |
| Income taxes67/77 | €2k | €2k | €274 | €2k | €8k | ▲ 323% |
| Profit (loss) for the period9904 | €3k | €3k | €-38k | €15k | €6k | ▼ 59.8% |
| Profit (loss) for the period to be appropriated9905 | €8k | €3k | €-38k | €15k | €6k | ▼ 59.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.80M | €2.53M | €2.13M | €1.74M | €1.72M | ▼ 0.8% |
| Fixed assets21/28 | €405k | €333k | €312k | €257k | €198k | ▼ 23.0% |
| Tangible fixed assets22/27 | €405k | €333k | €312k | €257k | €198k | ▼ 23.0% |
| Land and buildings22 | - | €331k | €273k | €220k | €166k | ▼ 24.6% |
| Plant, machinery and equipment23 | - | €2k | €39k | €37k | €32k | ▼ 13.5% |
| Furniture and vehicles24 | - | - | €249 | €124 | - | - |
| Current assets29/58 | €1.40M | €2.19M | €1.81M | €1.48M | €1.53M | ▲ 3.0% |
| Stocks and contracts in progress3 | €1.05M | €1.14M | €955k | €966k | €1.04M | ▲ 7.6% |
| Stocks30/36 | - | €1.14M | €955k | €966k | €1.04M | ▲ 7.6% |
| Amounts receivable within one year40/41 | €145k | €1.04M | €857k | €491k | €443k | ▼ 9.7% |
| Trade receivables40 | - | €1.02M | €854k | €481k | €433k | ▼ 9.9% |
| Other amounts receivable41 | - | €21k | €4k | €10k | €10k | ▲ 0.8% |
| Cash at bank and in hand54/58 | €15k | €7k | €2k | €21k | €38k | ▲ 83.4% |
| Deferred charges and accrued income490/1 | - | €2k | €299 | €3k | €5k | ▲ 74.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.80M | €2.53M | €2.13M | €1.74M | €1.72M | ▼ 0.8% |
| Equity10/15 | €440k | €443k | €405k | €420k | €426k | ▲ 1.5% |
| Contributions10/11 | - | €372k | €372k | €372k | €372k | = |
| Reserves13 | €94k | €97k | €97k | €112k | €118k | ▲ 5.5% |
| Non-distributable reserves130/1 | - | €37k | €37k | - | - | - |
| Reserves not available under the articles1311 | - | €37k | €37k | - | - | - |
| Distributable reserves133 | - | €60k | €60k | €112k | €118k | ▲ 5.5% |
| Profit (loss) carried forward14 | €-25k | €-25k | €-64k | €-64k | €-64k | = |
| Amounts payable17/49 | €1.36M | €2.08M | €1.72M | €1.32M | €1.30M | ▼ 1.6% |
| Amounts payable after more than one year17 | €241k | €210k | €137k | €87k | €55k | ▼ 36.8% |
| Financial debts170/4 | - | €210k | €137k | €87k | €55k | ▼ 36.8% |
| Amounts payable within one year42/48 | €1.12M | €1.83M | €1.59M | €1.23M | €1.24M | ▲ 0.9% |
| Current portion of amounts payable after more than one year42 | - | €458k | €614k | €607k | €609k | ▲ 0.3% |
| Financial debts43 | - | €190k | €1k | €1k | €3k | ▲ 170% |
| Credit institutions430/8 | - | €190k | €1k | €1k | €3k | ▲ 170% |
| Trade debts44 | €121k | €88k | €148k | €38k | €76k | ▲ 99.4% |
| Suppliers440/4 | - | €88k | €148k | €38k | €76k | ▲ 99.4% |
| Taxes, remuneration and social security45 | - | €162k | €101k | €140k | €110k | ▼ 21.4% |
| Taxes450/3 | - | €144k | €86k | €107k | €72k | ▼ 32.4% |
| Remuneration and social security454/9 | - | €18k | €15k | €33k | €38k | ▲ 14.2% |
| Other amounts payable47/48 | - | €931k | €721k | €444k | €444k | = |
| Accrued charges and deferred income492/3 | - | €44k | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €3k | €-38k | €15k | €6k | ▼ 59.8% |
| + Depreciation and write-downs630 | €70k | €72k | €62k | €67k | €67k | ▼ 1.0% |
| Operating cash flow (approximation) | €73k | €75k | €23k | €83k | €73k | ▼ 11.9% |
| Investment in fixed assets (approximation) | - | €0 | €-41k | €-12k | €-8k | ▲ 34.0% |
| Change in cash | - | €-7k | €-5k | €19k | €17k | ▼ 6.7% |
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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 58 days late
2023
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
10-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 102 days late
2022
31-12
Financial
Weakest financial yearnet €-38k
Net result drops to €-38k, the lowest in the series; recovery starts the following year.
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 121 days late
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 122 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 61 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 60 days late
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Zoutleeuw · 1 establishment unit since 1980
Ground area
1,284 m²
Building footprint
140 m²
Volume, LiDAR
701 m³
Parcel 24021A0396/00P000, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Dr. Light
since 19802.019.382.919
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24021A0396/00P000 | Flanders | 1,284 m² | 1 · 140 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
2023 to 2024 · 3 entries · 5,004 EUR awarded · 5,004 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 2 | 2,754 EUR | 5,004 EUR |
| 2023 | 1 | 2,250 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Hinderpremie bij openbare werken
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Of 12,957 companies in sector 47120 we hold annual accounts for 2,190. 1,160 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-09-1980
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
47552Retail sale of lighting equipment
46494Wholesale of non-electrical household articles
Scores and ratios are computed by Checked and are not a credit decision.