Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
52 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
DRENCO from Hasselt, company number BE0477392329, closed financial year 2025 with a result of € -1,510 after tax. For that financial year DRENCO recorded a gross margin of € 34,419 and equity of € -1.4 million. Compared with financial year 2024, the result moved from € 2,830 to € -1,510. 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 January 29, 2026.
€ -1.4 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,510
▼ still € 2,830 profit in 2024
Profit after tax over the fiscal year.
€ 9,576
▲ € 7,512 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.4 million.
People and assets in 2025
€ 11,823
▲ 9% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.3 million
Loans from banks and other lenders, long and short.
€ 4,007
▼ 95% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -24,181 | € -66,260 | € 5,795 | € 34,419 | ▲ € 28,624 |
| Profit after taxes | € -250,068 | € -164,189 | € 2,830 | € -1,510 | ▼ € 4,340 |
| Equity | € -1,202,505 | € -1,366,694 | € -1,363,864 | € -1,365,373 | |
| Total debts | € 1,925,175 | € 2,062,146 | € 2,050,586 | € 1,956,433 | ▼ 5% |
| Cash | € 63,924 | € 3,991 | € 2,063 | € 9,576 | ▲ € 7,512 |
| Land & buildings | € 289,659 | € 288,437 | € 372,462 | € 368,573 | ▼ 1% |
| Retained profit | € -2,236,933 | € -2,401,123 | € -2,398,293 | € -2,399,802 | |
| Bank debt | € 1,315,000 | € 1,315,000 | € 1,315,000 | € 1,315,000 | |
| Balance sheet total | € 722,671 | € 695,453 | € 686,722 | € 591,060 | ▼ 14% |
| Employees (FTE) | 4.1 | 1.3 | - | - |
Key figures of DRENCO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to DRENCO?
What happened at DRENCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,510 (▼ € 4,340 vs 2024). Source: NBB ↗
- Tom Drenth became a director. NBB
- New establishment in Alken. KBO
- Start of the company according to the CBE. KBO
In short
From € 250,068 loss in 2022 to € 1,510 loss in 2025.
Paid € 428 in corporate taxes since 2022.
Best year ever: 2024, with € 2,830 profit.
A new publication or filing at DRENCO? 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
The stake of DRENTH HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DRENCOBehind DRENCO is Tom Drenth. The shares are held by DRENTH HOLDING (96.9%).
Directors
According to the 2025 annual accounts
since 2008
Shareholders
96.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hendrik van Veldekesingel 150 box 76
3500 Hasselt
Stationsstraat 110/2
3570 Alken
Active since 11 June 2002
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 52 companies are registered at this address.
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€ 83,987 gross margin · 2025
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€ -29,360 gross margin · 2022
Nationale Belgische Taekwon-do Unie
ALLANTA
€ 1.8 million revenue · 2025
+47 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
- 0477.392.329
- VAT number
- BE 0477.392.329
- Registered office
- Hendrik van Veldekesingel 150 bus 76, 3500 Hasselt
- Names & denominations
- DRENCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 April 2002
- Peppol
- Active · Active since 22 Dec 2025
- Contact
- [email protected] 011/37.19.24
- Activities · NACE
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