Van den Driessche J.
The computed 12-month bankruptcy probability of Van den Driessche J. is 1.5% (moderate). The 2024 annual accounts show equity of €110k and a net result of €29k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 76% of 5650 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €110k |
| Net result | €29k |
| Staff (FTE) | 3 |
| Better than sector | 76% |
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 | 48.5% | 19.3% | |
| Net result | €29k | €4k | |
| Equity | €110k | €14k | |
| Gross operating margin | €275k | €52k | |
| Staff costs | €166k | €49k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | €105k | €84k | €-108k |
| Net profit | €29k | €37k | €-140k |
| Cash flow | €66k | €72k | €-117k |
| Staff costs | €166k | €182k | €168k |
| Income taxes | €30k | €260 | €70 |
| Dividends | €44k | €8k | €30k |
| Total assets | €228k | €303k | €423k |
| Equity | €110k | €141k | €112k |
| Debt | €117k | €162k | €310k |
| of which ≤ 1y | €78k | €101k | €231k |
| of which > 1y | €40k | €59k | €79k |
| Working capital | €-29k | €-2k | €-167k |
| Employees (FTE) | 3.0 | 5.5 | 5.4 |
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Current ratio | 0.63 | 0.98 | 0.28 |
| Quick ratio | 0.37 | 0.72 | 0.22 |
| Working capital ratio | -12.5% | -0.8% | -39.6% |
| Solvency | 48.5% | 46.6% | 26.6% |
| Debt / equity | 1.06 | 1.15 | 2.76 |
| Long-term debt ratio | 0.36 | 0.42 | 0.70 |
| Interest coverage | 10.76 | 7.34 | -11.80 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 12.8% | 12.1% | -33.2% |
| ROE | 26.4% | 26.1% | -124.8% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (26 line items)
| Line item | Code | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €228k | €303k | €423k |
| Fixed assets | 21/28 | €178k | €204k | €358k |
| Intangible fixed assets | 21 | €33k | €38k | €42k |
| Tangible fixed assets | 22/27 | €135k | €156k | €308k |
| Financial fixed assets | 28 | €10k | €10k | €9k |
| Current assets | 29/58 | €49k | €99k | €64k |
| Stocks & contracts in progress | 3 | €21k | €26k | €12k |
| Amounts receivable within one year | 40/41 | €24k | €73k | €50k |
| Cash & bank | 54/58 | €1k | - | - |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €228k | €303k | €423k |
| Equity | 10/15 | €110k | €141k | €112k |
| Contributions / capital | 10/11 | €3k | €19k | €19k |
| Reserves | 13 | €182k | €226k | €234k |
| Accumulated profits (losses) | 14 | €-74k | €-103k | €-140k |
| Amounts payable | 17/49 | €117k | €162k | €310k |
| Amounts payable after one year | 17 | €40k | €59k | €79k |
| Amounts payable within one year | 42/48 | €78k | €101k | €231k |
| Trade debts payable within one year | 44 | €24k | €59k | €82k |
| Income statement | ||||
| Gross operating margin | 9900 | €275k | €429k | €270k |
| Operating result | 9901 | €68k | €48k | €-131k |
| Financial income | 75 | €379 | €0 | €0 |
| Financial charges | 65 | €10k | €11k | €9k |
| Result before taxes | 9903 | €59k | €37k | €-140k |
| Income taxes | 67/77 | €30k | €260 | €70 |
| Net result for the period | 9904 | €29k | €37k | €-140k |
| Result to be appropriated | 9905 | €29k | €37k | €-140k |
| NACE primary | Full-service restaurants(56111) |
| Legal form | Private limited company(610) |
| Incorporation | 30-06-2010 |
| Status | Active |
| Postal code | 8300 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31039A0156/00P002 | Flanders | 335 m² | 1 · 107 m² | 8.0 m · 2 fl. |
| 31333H0178/00B000 | Flanders | 142 m² | 1 · 146 m² | 9.0 m · 1 fl. |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
| Legal nameNL | Van den Driessche J. |