Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DRANCO from Gent, company number BE0443823401, closed financial year 2025 with a result of € 610,649 after tax. For that financial year DRANCO recorded revenue of € 1.5 million and equity of € 2.3 million. Compared with financial year 2024, the result moved from € -500,186 to € 610,649. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 22, 2026.
€ 2.3 million
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 610,649
▲ still € 500,186 loss in 2024
Profit after tax over the fiscal year.
€ 164
▼ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 868,907.
People and assets in 2025
34
▲ 4.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4 million
▲ 17% vs 2024
€ 118,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 43,905
▼ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 160,000
Loans from banks and other lenders, long and short.
€ 2 million
▲ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 95 days on average.
€ 616,878
▲ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 16,964,271 | € 9,179,975 | € 1,453,129 | ▼ 84% |
| Gross margin | € 3,897,153 | - | - | - | |
| Profit after taxes | € 235,448 | € -2,619,243 | € -500,186 | € 610,649 | ▲ € 1.1 million |
| Equity | € 5,402,205 | € 2,483,594 | € 1,915,323 | € 2,312,865 | ▲ 21% |
| Total debts | € 15,585,918 | € 6,333,866 | € 7,300,600 | € 16,482,692 | ▲ 126% |
| Cash | € 1,057,860 | € 108,157 | € 7,002 | € 164 | ▼ 98% |
| Retained profit | € 3,377,687 | € 758,444 | € 258,258 | € 868,907 | ▲ 236% |
| Bank debt | € 90,000 | € 160,000 | € 160,000 | € 160,000 | |
| Balance sheet total | € 21,173,846 | € 8,973,285 | € 9,636,752 | € 18,918,136 | ▲ 96% |
| Employees (FTE) | 28.7 | 29.7 | 29.5 | 34 | ▲ 4.5 |
Key figures of DRANCO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to DRANCO?
What happened at DRANCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Gavilan Consulting BV stepped down as director. NBB
- Jan-Kees de Voogd stepped down as director. NBB
- Paul De Bruycker stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 610,649. Source: NBB ↗
- Gavilan Consulting BV became a director. NBB
- Jan-Kees de Voogd became a director. NBB
- Paul De Bruycker became a director. NBB
- New establishment in Gent. KBO
In short
From € 235,448 profit in 2022 to € 610,649 profit in 2025.
Paid € 344,296 in corporate taxes since 2022.
Best year ever: 2025, with € 610,649 profit.
On average € 135,800 of value added per employee in 2022.
Management
The stake of Indaver Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DRANCOThe shares are held by Indaver Holding (100%). It owns 100% of BES GMBH in liquidatie, 100% of DRANCO INC, 52% of BIOENERGIE DIMHAUSEN GMBH, 52% of BIOENERGIE NUSTEDT VERWALTUNGS GMBH and 52% of BIOENERGIE KLOSTERBACHTAL GMBH itself.
Directors
According to the 2025 annual accounts
Jan-Kees de Voogd
Director
since 2023 · until 2029
Director · represented by Karl Huts
Also active at: KATOEN NATIE TERMINALS, SEAPORT TERMINALS, INDAVER, Indaver Plastics2Chemicals, Indaver Energy
since 2024 · until 2030
Paul De Bruycker
Director
Also active at: INDAVER, ORKA, Slib-en Co - Verwerkings Centrale, InOpSys, E-Wood Energiecentrale, Indaver Plastics2Chemicals, FOSTER SPV, Indaver Kosovo +2 more
since 2023 · until 2029
Shareholders
100%
Participations
BES GMBH in liquidatie
100%
DRANCO INC
100%
BIOENERGIE DIMHAUSEN GMBH
52%
BIOENERGIE NUSTEDT VERWALTUNGS GMBH
52%
BIOENERGIE KLOSTERBACHTAL GMBH
52%
Establishments
Establishment units
Physical locations of this company
Dok-Noord 4C box /003
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0443.823.401
- VAT number
- BE 0443.823.401
- Registered office
- Dok-Noord 4C bus /003, 9000 Gent
- Names & denominations
- DRANCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 March 1991
- Peppol
- Active · Active since 30 Jan 2026
- Contact
- dranco.be
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