Financials
Financial year 2024
DRECO from Leuven, company number BE0460386744, closed financial year 2024 with a result of € 21,130 after tax. For that financial year DRECO recorded a gross margin of € 110,133 and equity of € 21,005. Compared with financial year 2023, the result moved from € 15,770 to € 21,130. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2025.
€ 21,005
▲ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,130
▲ 34% vs 2023
Profit after tax over the fiscal year.
€ 60,603
▼ 18% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 21,000 paid out
99 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 77,493
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 548
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 8,836
Loans from banks and other lenders, long and short.
€ 23,007
▼ 43% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 9,413
▼ 49% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 112,614 | € 85,926 | € 92,216 | € 110,133 | ▲ 19% |
| Profit after taxes | € 27,579 | € 13,566 | € 15,770 | € 21,130 | ▲ 34% |
| Equity | € 20,539 | € 20,605 | € 20,875 | € 21,005 | ▲ 1% |
| Total debts | € 173,840 | € 136,206 | € 135,132 | € 77,763 | ▼ 42% |
| Cash | € 110,458 | € 51,945 | € 73,877 | € 60,603 | ▼ 18% |
| Retained profit | € 1,947 | € 2,013 | € 2,283 | € 2,413 | ▲ 6% |
| Dividend | € 27,500 | € 13,500 | € 15,500 | € 21,000 | ▲ 35% |
| Bank debt | € 18,140 | € 15,000 | € 0 | € 8,836 | |
| Balance sheet total | € 194,379 | € 156,812 | € 156,008 | € 98,768 | ▼ 37% |
Key figures of DRECO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to DRECO?
What happened at DRECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 21,130 (▲ 34% vs 2023). Source: NBB ↗
- Danny Merckx became a director. NBB
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 27,579 profit in 2021 to € 21,130 profit in 2024.
Paid € 29,004 in corporate taxes since 2021.
Best year ever: 2021, with € 27,579 profit.
Paid out € 77,500 in dividends to the owners in total.
A new publication or filing at DRECO? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2024 annual accounts
Danny Merckx
Manager
since 1997
Establishments
Establishment units
Physical locations of this company
Aarschotsesteenweg 437
3012 Leuven
Aarschotsesteenweg 478
3012 Leuven
Active since 16 April 1997
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
Hosting & Email
Email provider
Rackspace Email
Hosting
DIGITALOCEAN-ASN - DigitalOcean, LLC, US
Website info
Features
Security
Details
- Company number
- 0460.386.744
- VAT number
- BE 0460.386.744
- Registered office
- Aarschotsesteenweg 437, 3012 Leuven
- Names & denominations
- DRECO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 April 1997
- Peppol
- Active · Active since 27 May 2025
- Contact
- dreco.be
- Activities · NACE
Detailhandel in huismeubilair
Detailhandel in meubels
Detailhandel in huismeubilair in gespecialiseerde winkels
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