What does Drylock Technologies do?

Drylock Technologies is registered with the CBE as active in: Activiteiten van holdings. Public Limited, started on 13 March 2003, 1 establishment.

What is the address of Drylock Technologies?

The registered office of Drylock Technologies is located at Spinnerijstraat 12, 9240 Zele.

Is Drylock Technologies still active?

Yes. According to the CBE (29 October 2026) Drylock Technologies is active, legal situation “Normale toestand”, started on 13 March 2003.

Is Drylock Technologies registered on Peppol?

Yes, Drylock Technologies is registered on the Peppol network with ID 0208:0479766057.

What is the enterprise number of Drylock Technologies?

The enterprise number of Drylock Technologies is BE0479766057.

When was Drylock Technologies founded?

Drylock Technologies was founded on 13 March 2003.

Who are the directors of Drylock Technologies?

According to the 2025 annual accounts, the directors of Drylock Technologies are: VM Invest NV, Anthony Keusters, Victor Casier, Piet Van Geet, Jules Van Malderen.

Is Drylock Technologies a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 March 2003; 5 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account.

How much profit did Drylock Technologies make in 2025?

Drylock Technologies posted a profit after taxes of € 58,529,700 in financial year 2025.

What is the revenue of Drylock Technologies?

In its most recent annual accounts (2025), Drylock Technologies reported revenue of € 14,066,034.

How much does an employee at Drylock Technologies earn?

The average wage cost per full-time employee at Drylock Technologies was € 145,900 in 2025: staff costs of € 7.7 million for 52.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Drylock Technologies have?

According to the 2025 annual accounts, Drylock Technologies has 52.5 full-time equivalents (FTE).

Does Drylock Technologies have a website?

Yes, Drylock Technologies has a website at drylocktechnologies.com.

Drylock Technologies (Public Limited) - Zele

Dossier Drylock Technologies, printed on 29 October 2026 from databakkes.be/en/0479766057/drylock-technologies. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Figures corrected NBB

Corrected annual account filed for 2024.
Busy address KBO

21 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

Drylock Technologies from Zele, company number BE0479766057, closed financial year 2025 with a result of € 58.5 million after tax. For that financial year Drylock Technologies recorded revenue of € 14.1 million and equity of € 633.7 million. Compared with financial year 2024, the result moved from € 41.1 million to € 58.5 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 16, 2026.

What it is worth Growing

€ 633.7 million

▲ 5% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 58.5 million

▲ 42% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 22.4 million

▲ 51% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 30 million paid out

51 % of the profit went to the shareholders, mostly to VM Invest NV (75 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

52.5

▲ 3.8 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 23.4 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 7.7 million

▲ 12% vs 2024

€ 145,900 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.

Vehicles and equipment

€ 865,968

▼ 13% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 91.8 million

▲ 102% vs 2024

€ 2.9 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 6.3 million

▲ 54% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 97 days on average.

Wages and social charges

€ 736,940

▼ 25% vs 2024

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 9,989,574 Revenue 2022: € 9,989,574 First fiscal year in the series	€ 25,632,869 Revenue 2023: € 25,632,869 ▲ 157% vs 2022 (€ 9,989,574) Favourable step	€ 34,760,922 Revenue 2024: € 34,760,922 ▲ 36% vs 2023 (€ 25,632,869) Favourable step	€ 14,066,034 Revenue 2025: € 14,066,034 ▼ 60% vs 2024 (€ 34,760,922) Unfavourable step	▼ 60%
Profit after taxes	€ 10,099,350 Profit after taxes 2022: € 10,099,350 First fiscal year in the series	€ 17,114,615 Profit after taxes 2023: € 17,114,615 ▲ 69% vs 2022 (€ 10,099,350) Favourable step	€ 41,146,133 Profit after taxes 2024: € 41,146,133 ▲ 140% vs 2023 (€ 17,114,615) Favourable step	€ 58,529,700 Profit after taxes 2025: € 58,529,700 ▲ 42% vs 2024 (€ 41,146,133) Favourable step	▲ 42%
Equity	€ 596,954,730 Equity 2022: € 596,954,730 First fiscal year in the series	€ 614,069,346 Equity 2023: € 614,069,346 ▲ 3% vs 2022 (€ 596,954,730) Favourable step	€ 605,215,478 Equity 2024: € 605,215,478 ▼ 1% vs 2023 (€ 614,069,346) Unfavourable step	€ 633,745,178 Equity 2025: € 633,745,178 ▲ 5% vs 2024 (€ 605,215,478) Favourable step	▲ 5%
Total debts	€ 159,193,541 Total debts 2022: € 159,193,541 First fiscal year in the series	€ 129,684,630 Total debts 2023: € 129,684,630 ▼ 19% vs 2022 (€ 159,193,541) Favourable step	€ 152,575,221 Total debts 2024: € 152,575,221 ▲ 18% vs 2023 (€ 129,684,630) Unfavourable step	€ 140,240,023 Total debts 2025: € 140,240,023 ▼ 8% vs 2024 (€ 152,575,221) Favourable step	▼ 8%
Cash	€ 6,928,394 Cash 2022: € 6,928,394 First fiscal year in the series	€ 8,540,179 Cash 2023: € 8,540,179 ▲ 23% vs 2022 (€ 6,928,394) Favourable step	€ 14,870,145 Cash 2024: € 14,870,145 ▲ 74% vs 2023 (€ 8,540,179) Favourable step	€ 22,435,043 Cash 2025: € 22,435,043 ▲ 51% vs 2024 (€ 14,870,145) Favourable step	▲ 51%
Retained profit	€ 11,954,730 Retained profit 2022: € 11,954,730 First fiscal year in the series	€ 29,069,346 Retained profit 2023: € 29,069,346 ▲ 143% vs 2022 (€ 11,954,730) Favourable step	€ 67,961,572 Retained profit 2024: € 67,961,572 ▲ 134% vs 2023 (€ 29,069,346) Favourable step	€ 96,491,272 Retained profit 2025: € 96,491,272 ▲ 42% vs 2024 (€ 67,961,572) Favourable step	▲ 42%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 2,253,906 Dividend 2024: € 2,253,906 Unchanged (€ 0) Unchanged	€ 30,000,000 Dividend 2025: € 30,000,000 ▲ € 27.7 million vs 2024 (€ 2,253,906) Unchanged	▲ € 27.7 million
Bank debt	€ 115,109,152 Bank debt 2022: € 115,109,152 First fiscal year in the series	€ 83,959,321 Bank debt 2023: € 83,959,321 ▼ 27% vs 2022 (€ 115,109,152) Favourable step	€ 45,528,085 Bank debt 2024: € 45,528,085 ▼ 46% vs 2023 (€ 83,959,321) Favourable step	€ 91,799,776 Bank debt 2025: € 91,799,776 ▲ 102% vs 2024 (€ 45,528,085) Unfavourable step	▲ 102%
Balance sheet total	€ 756,148,272 Balance sheet total 2022: € 756,148,272 First fiscal year in the series	€ 743,753,976 Balance sheet total 2023: € 743,753,976 ▼ 2% vs 2022 (€ 756,148,272) Unchanged	€ 757,790,699 Balance sheet total 2024: € 757,790,699 ▲ 2% vs 2023 (€ 743,753,976) Unchanged	€ 773,985,202 Balance sheet total 2025: € 773,985,202 ▲ 2% vs 2024 (€ 757,790,699) Unchanged	▲ 2%
Employees (FTE)	39.7 Employees (FTE) 2022: 39.7 First fiscal year in the series	41.2 Employees (FTE) 2023: 41.2 ▲ 1.5 vs 2022 (39.7) Unchanged	48.7 Employees (FTE) 2024: 48.7 ▲ 7.5 vs 2023 (41.2) Unchanged	52.5 Employees (FTE) 2025: 52.5 ▲ 3.8 vs 2024 (48.7) Unchanged	▲ 3.8

Key figures of Drylock Technologies, 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 Drylock Technologies?

What happened at Drylock Technologies in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2031 VM Invest NV stepped down as director. NBB
2031 Anthony Keusters stepped down as director. NBB
2031 Victor Casier stepped down as director. NBB
2031 Piet Van Geet stepped down as director. NBB
2031 Jules Van Malderen stepped down as director. NBB
Jun 16, 2026 New annual accounts for financial year 2025: profit of € 58.5 million (▲ 42% vs 2024). Source: NBB ↗
2025 VM Invest NV became a director. NBB
2025 Anthony Keusters became a director. NBB

In short

From € 10.1 million profit in 2022 to € 58.5 million profit in 2025.

Paid € 3.7 million in corporate taxes since 2022.

Best year ever: 2025, with € 58.5 million profit.

Paid out € 32.3 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

VM Invest NV 75%

Sofina NV 25%

Drylock Technologies

Drylock Technologies Brasil LTDA 100%

Drylock Technologies GmbH 100%

Drylock Technologies SRL 100%

Drylock Technologies Ltd (UK) 100%

The shares are held by VM Invest NV (75%) and Sofina NV (25%). It owns 100% of Drylock Technologies Brasil LTDA, 100% of Drylock Technologies GmbH, 100% of Drylock Technologies SRL, 100% of Drylock Technologies Ltd (UK), 100% of Drylock Technologies Ltd (US) and 100% of Drylock Technologies SARL itself.

Directors

According to the 2025 annual accounts

VM Invest NV

Managing director · represented by Bartje Van Malderen

Also active at: MEZZALUNA, VGP

since 2025 · until 2031

Anthony Keusters

Director

since 2025 · until 2031

Victor Casier

Director

since 2025 · until 2031

Piet Van Geet

Director

since 2025 · until 2031

Jules Van Malderen

Director

Also active at: VM INVEST

since 2025 · until 2031

Shareholders

VM Invest NV

75%

Sofina NV

25%

Participations

Drylock Technologies Brasil LTDA

100%

Drylock Technologies GmbH

100%

Drylock Technologies SRL

100%

Drylock Technologies Ltd (UK)

100%

Drylock Technologies Ltd (US)

100%

Drylock Technologies SARL

100%

Drylock Technologies s.r.o.

100%

Drylock Technologies LLC

100%

Drylock Technologies SL

100%

Drylock Ukraine

100%

Hygiene Technologies

90%

Vynka Plus RU NV

84%

Establishments

Establishment units

Physical locations of this company

Registered office

Spinnerijstraat 12

9240 Zele

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 21 companies are registered at this address.

All companies at this address →

VM INVEST same network

€ 2.7 million revenue · 2025

LVM & family

€ -659,941 gross margin · 2025

BDCI

Alvan

Fontis

+16 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

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drylocktechnologies.com

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2016-12-09

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Expires

2026-12-09

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Details

Company number

0479.766.057

VAT number

BE 0479.766.057

Registered office

Spinnerijstraat 12, 9240 Zele

Names & denominations

Drylock Technologies

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

13 March 2003

Peppol

Active · Active since 1 Jan 2001

Contact

drylocktechnologies.com

Activities · NACE

Activiteiten van holdings

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Holdings

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗

Drylock Technologies

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Financials

What happened to Drylock Technologies?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Website

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