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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Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Drieghe - De Sutter from Durbuy, company number BE0688928840, closed financial year 2024 with a result of € 9,309 after tax. For that financial year Drieghe - De Sutter recorded a gross margin of € 253,135 and equity of € 69,185. Compared with financial year 2023, the result moved from € 7,225 to € 9,309. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2025.
€ 69,185
▲ 16% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,309
▲ 29% vs 2023
Profit after tax over the fiscal year.
€ 53,636
▲ 131% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 585.
People and assets in 2024
5.2
Average over the fiscal year, from the social balance sheet.
€ 135,818
▲ € 103,818 vs 2023
€ 26,100 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.
€ 52,857
▲ 12% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 293,669
▲ 2% vs 2023
€ 50,585 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 90,661
▲ € 68,536 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 58,769
▲ 78% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -12,862 | € 53,437 | € 106,854 | € 253,135 | ▲ 137% |
| Profit after taxes | € -25,788 | € 9,095 | € 7,225 | € 9,309 | ▲ 29% |
| Equity | € 43,556 | € 52,651 | € 59,876 | € 69,185 | ▲ 16% |
| Total debts | € 160,647 | € 369,471 | € 422,560 | € 480,431 | ▲ 14% |
| Cash | € 5,941 | € 8,722 | € 23,253 | € 53,636 | ▲ 131% |
| Retained profit | € -25,044 | € -15,949 | € -8,724 | € 585 | ▲ € 9,309 |
| Bank debt | € 95,399 | € 208,228 | € 287,310 | € 293,669 | ▲ 2% |
| Balance sheet total | € 204,203 | € 422,122 | € 482,436 | € 549,616 | ▲ 14% |
| Employees (FTE) | - | - | - | 5.2 |
Key figures of Drieghe - De Sutter, 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 Drieghe - De Sutter?
What happened at Drieghe - De Sutter in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 9,309 (▲ 29% vs 2023). Source: NBB ↗
- New establishment in Durbuy. KBO
- Start of the company according to the CBE. KBO
- Mindy De Sutter became a director. NBB
In short
From € 25,788 loss in 2021 to € 9,309 profit in 2024.
Paid € 595 in corporate taxes since 2021.
Best year ever: 2024, with € 9,309 profit.
On average € 48,700 of value added per employee in 2024.
Management
Behind Drieghe - De Sutter is Mindy De Sutter.
Directors
According to the 2024 annual accounts
Mindy De Sutter
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Lignely 2
6941 Durbuy
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0688.928.840
- VAT number
- BE 0688.928.840
- Registered office
- Lignely 2, 6941 Durbuy
- Names & denominations
- Drieghe - De Sutter · DDS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 January 2018
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
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