Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
49 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
DRS BELGIUM from Brussel, company number BE0452511928, closed financial year 2025 with a result of € -3.4 million after tax. For that financial year DRS BELGIUM recorded revenue of € 4.9 million and equity of € -1.9 million. Compared with financial year 2024, the result moved from € -652,455 to € -3.4 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ -1.9 million
▼ € 3.4 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3.4 million
▼ 422 % more loss than in 2024
Profit after tax over the fiscal year.
€ 7.8 million
▲ € 7.3 million vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -4.1 million.
People and assets in 2025
6.2
▼ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▼ 1% vs 2024
€ 246,100 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.
€ 63,214
▲ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 14.9 million
▲ € 13.2 million vs 2024
€ 1.6 million is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 13.1 million
▲ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 563 days on average.
€ 1.1 million
▲ 52% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 4,855,435 | |
| Gross margin | € 2,070,822 | € 3,736,282 | € 2,319,026 | - | |
| Profit after taxes | € 529,412 | € 1,774,589 | € -652,455 | € -3,406,847 | ▼ € 2.8 million |
| Equity | € 2,212,951 | € 2,127,541 | € 1,475,086 | € -1,931,761 | ▼ € 3.4 million |
| Total debts | € 3,372,027 | € 5,733,406 | € 23,495,899 | € 43,272,264 | ▲ 84% |
| Cash | € 1,863,878 | € 330,277 | € 480,761 | € 7,809,466 | ▲ € 7.3 million |
| Retained profit | € 86,144 | € 733 | € -651,722 | € -4,058,569 | ▼ € 3.4 million |
| Dividend | € 520,000 | € 1,860,000 | € 0 | € 0 | |
| Bank debt | € 481,961 | € 22,223 | € 1,641,856 | € 14,889,298 | ▲ € 13.2 million |
| Balance sheet total | € 5,584,978 | € 7,860,947 | € 25,445,696 | € 41,815,214 | ▲ 64% |
| Employees (FTE) | 6.8 | 7.7 | 7.7 | 6.2 | ▼ 1.5 |
Key figures of DRS BELGIUM, 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 DRS BELGIUM?
What happened at DRS BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3.4 million. Source: NBB ↗
- Edouard FREMAULT stepped down as director. NBB
- Erik BOMANS stepped down as director. NBB
- Charles DEMOULIN stepped down as director. NBB
- Bernard THUYSBAERT stepped down as director. NBB
- Pierre NOTHOMB stepped down as director. NBB
- Edouard FREMAULT became a director. NBB
- Erik BOMANS became a director. NBB
In short
From € 529,412 profit in 2022 to € 3.4 million loss in 2025.
Paid € 712,720 in corporate taxes since 2022.
Best year ever: 2023, with € 1.8 million profit.
On average € 301,200 of value added per employee in 2024.
Management
It owns 100% of DEMINOR FRANCE SAS and 100% of Aggregate Claims Solutions itself.
Directors
According to the 2025 annual accounts
Edouard FREMAULT
Director
since 2023 · until 2026
Erik BOMANS
Director
since 2023 · until 2026
Charles DEMOULIN
Director
since 2023 · until 2026
Bernard THUYSBAERT
Director
since 2023 · until 2026
Pierre NOTHOMB
Director
Also active at: "IMMOBEL" OU "COMPAGNIE IMMOBILIERE DE BELGIQUE " OU " IMMOBILIEN VENNOOTSCHAP VAN BELGIE"
since 2023 · until 2026
Establishments
Establishment units
Physical locations of this company
Joseph Stevensstraat 7
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 49 companies are registered at this address.
All companies at this address →Fonds de constructions d'institutions hospitalières et médico-sociales de la Communautée francaise
Carrières Saint-Louis de Landelies
€ 105,440 revenue · 2025
Charbonnages de Maurage
€ -11,470 gross margin · 2025
JCDECAUX STREET FURNITURE BELGIUM
€ 90.7 million revenue · 2025
La Maison de l'Employé
€ 42,450 revenue · 2025
+44 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0452.511.928
- VAT number
- BE 0452.511.928
- Registered office
- Joseph Stevensstraat 7, 1000 Brussel
- Names & denominations
- DRS BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 April 1994
- Peppol
- Active · Active since 10 Dec 2025
- Contact
- [email protected]
- Activities · NACE
Activiteiten van holdings
Managementactiviteiten van holdings
Overige rechtskundige dienstverlening
Holdings
Overige zakelijke dienstverlening, neg