Financials
Financial year 2025
DRAGOPAINT from Frameries, company number BE0460676754, closed financial year 2025 with a result of € 41,521 after tax. For that financial year DRAGOPAINT recorded a gross margin of € 713,658 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 238,972 to € 41,521. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.
€ 1.1 million
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 41,521
▼ 83% vs 2024
Profit after tax over the fiscal year.
€ 322,234
▼ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 160,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
11.8
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 483,121
▲ 5% vs 2024
€ 40,900 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.
€ 64,331
▲ € 50,713 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 342,748
▼ 30% vs 2024
€ 99,230 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 500,528
▲ 107% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 72,755
▼ 38% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 573,095 | € 627,393 | € 907,914 | € 713,658 | ▼ 21% |
| Profit after taxes | € 156,730 | € 45,812 | € 238,972 | € 41,521 | ▼ 83% |
| Equity | € 973,119 | € 1,018,931 | € 1,257,902 | € 1,139,423 | ▼ 9% |
| Total debts | € 967,037 | € 890,277 | € 1,011,082 | € 1,265,957 | ▲ 25% |
| Cash | € 161,281 | € 190,708 | € 373,029 | € 322,234 | ▼ 14% |
| Land & buildings | € 14,874 | € 14,874 | € 14,874 | € 14,874 | |
| Retained profit | € 811,988 | € 857,800 | € 1,096,771 | € 978,292 | ▼ 11% |
| Dividend | € 0 | € 0 | € 0 | € 160,000 | |
| Bank debt | € 405,465 | € 171,160 | € 487,259 | € 342,748 | ▼ 30% |
| Balance sheet total | € 1,940,156 | € 1,909,208 | € 2,268,984 | € 2,405,380 | ▲ 6% |
| Employees (FTE) | 9.6 | 9.9 | 12.1 | 11.8 | ▼ 0.3 |
Key figures of DRAGOPAINT, 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 DRAGOPAINT?
What happened at DRAGOPAINT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Etienne Williquet stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 41,521 (▼ 83% vs 2024). filed late Source: NBB ↗
- Etienne Williquet became a director. NBB
- New establishment in Frameries. KBO
- Start of the company according to the CBE. KBO
In short
From € 156,730 profit in 2022 to € 41,521 profit in 2025.
Paid € 139,331 in corporate taxes since 2022.
Best year ever: 2024, with € 238,972 profit.
On average € 60,500 of value added per employee in 2025.
Management
The stake of Groupe WR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DRAGOPAINTThe shares are held by Groupe WR (40%).
Directors
According to the 2025 annual accounts
Etienne Williquet
Managing director
since 2021 · until 2027
Shareholders
40%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de l'Europe 42
7080 Frameries
Rue de l'Europe
7080 Frameries
Active since 22 May 1997
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
OVH Mail
Hosting
ONECOM, DK
Website info
Features
Security
Network
Details
- Company number
- 0460.676.754
- VAT number
- BE 0460.676.754
- Registered office
- Rue de l'Europe 42, 7080 Frameries
- Names & denominations
- DRAGOPAINT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 May 1997
- Peppol
- Active · Active since 17 Dec 2025
- Contact
- dragopaint.be
- Activities · NACE
Vervaardiging van verf, vernis ed, drukinkt en mastiek
Vervaardiging van verf, vernis e.d., drukinkt en mastiek
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2
Groothandel in bouwmaterialen, algemeen assortiment
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)