ACTIVE

DRECO

Financial year 2024 · closed on 31/12/2024
Net result
21,1 k €
+34.0% YoY
Gross margin
110,1 k €
+19.4% YoY
Equity
21 k €
+0.6% YoY

What does DRECO do?

DRECO is a Private limited company incorporated in 1997. Its main activity is: Retail sale of other household equipment in specialised stores. Its registered office is in Leuven.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0460.386.744
Incorporation
10/04/1997
Legal form
Private limited company
Registered office
Aarschotsesteenweg 437
3012 Leuven · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2024
Joint committees (4)
  • 100
  • 124
  • 201
  • 218
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin110,1 k €92,2 k €85,9 k €112,6 k €169,8 k €142,7 k €162,7 k €219,5 k €184,6 k €230,4 k €259,1 k €280,2 k €246,9 k €228 k €154,8 k €168,9 k €177,3 k €174,6 k €143 k €
EBITDA31,3 k €11,7 k €10,2 k €40,6 k €114,6 k €70,8 k €92,2 k €153,7 k €116,9 k €163,5 k €188 k €163,8 k €132,7 k €119,4 k €59,3 k €106 k €117 k €120,6 k €92,3 k €
Operating result29 k €-2,9 k €-3,5 k €23,6 k €92,1 k €49,4 k €66,5 k €127,7 k €87,8 k €133,7 k €153,3 k €128,3 k €104 k €80,8 k €35,1 k €82,6 k €92,1 k €97,7 k €67,9 k €
Net result21,1 k €15,8 k €13,6 k €27,6 k €73,1 k €36,4 k €67,3 k €101 k €77,3 k €106,4 k €124,4 k €106,5 k €86,7 k €75,6 k €50,7 k €75 k €76,4 k €83,1 k €65,2 k €
Balance sheet
Equity21 k €20,9 k €20,6 k €20,5 k €20,5 k €20,7 k €20,8 k €20,5 k €20,5 k €21,2 k €34,8 k €34,3 k €27,9 k €21,2 k €20,5 k €26,5 k €45,7 k €39,9 k €27,3 k €
Total assets98,8 k €156 k €156,8 k €194,4 k €201,7 k €166,5 k €245,9 k €247,3 k €294,3 k €320,3 k €327,7 k €303 k €265,6 k €269,7 k €250,4 k €257,4 k €234,5 k €307,7 k €295 k €
Cash60,6 k €73,9 k €51,9 k €110,5 k €89,7 k €59,6 k €98,7 k €115,4 k €116,9 k €163,8 k €170 k €104 k €120,7 k €133,9 k €72,2 k €98,4 k €106,8 k €97,8 k €87,4 k €
Debts72,6 k €124,7 k €125 k €167,1 k €175,7 k €143,8 k €223,1 k €224,5 k €273,6 k €298,7 k €287,1 k €260,1 k €236,8 k €247,2 k €229 k €229,9 k €188 k €266,2 k €266,9 k €
Other
Workforce1,2 ETP1,2 ETP2,2 ETP2,2 ETP2,2 ETP2,0 ETP1,2 ETP1,2 ETP1,2 ETP1,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 3 ended

Active mandates

Danny Merckx

Manager · since 17 avril 1997

Active

Ended mandates

Vera Vankeijenberg

Manager · since 01 janvier 2004

Ended
Vera Vankeyenberg

Manager · since 01 janvier 2004

Ended
Danny Merckx

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
CHOCOLOTJEActive
1032.561.733
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/07/202531/08/202429/06/202330/06/202230/06/202130/06/2020
General meeting15/05/202516/05/202419/05/202319/05/202220/05/202122/05/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202415/05/202531/07/2025DutchPDF
Micro model31/12/202316/05/202431/08/2024DutchPDF
Micro model31/12/202219/05/202329/06/2023DutchPDF
Micro model31/12/202119/05/202230/06/2022DutchPDF
Micro model31/12/202020/05/202130/06/2021DutchPDF
Micro model31/12/201922/05/202030/06/2020DutchPDF
Micro model31/12/201816/05/201930/08/2019DutchPDF
Micro model31/12/201717/05/201831/08/2018DutchPDF
Micro model31/12/201618/05/201721/07/2017DutchPDF
Abridged model31/12/201519/05/201630/06/2016DutchPDF
Abridged model31/12/201421/05/201531/08/2015DutchPDF
Abridged model31/12/201315/05/201421/07/2014DutchPDF
Abridged model31/12/201216/05/201330/08/2013DutchPDF
Abridged model31/12/201118/05/201207/08/2012DutchPDF
Abridged model31/12/201019/05/201116/06/2011DutchPDF
Abridged model31/12/200920/05/201022/07/2010DutchPDF
Abridged model31/12/200821/05/200930/06/2009DutchPDF
Abridged model31/12/200715/05/200830/05/2008DutchPDF
Abridged model31/12/200608/06/200703/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 3 ended

Active mandates

Danny Merckx

Manager · since 17 avril 1997

Active

Ended mandates

Vera Vankeijenberg

Manager · since 01 janvier 2004

Ended
Vera Vankeyenberg

Manager · since 01 janvier 2004

Ended
Danny Merckx

Manager

Ended
Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 202421,1 k €
  2. 2023
    Annual accounts 202315,8 k €
  3. 2022
    Annual accounts 202213,6 k €
  4. 2021
    Annual accounts 202127,6 k €
  5. 2020
    Annual accounts 202073,1 k €
  6. 2019
    Annual accounts 201936,4 k €
  7. 2018
    Annual accounts 201867,3 k €
  8. 2017
    Annual accounts 2017101 k €
  9. 2016
    Annual accounts 201677,3 k €
  10. 2015
    Annual accounts 2015106,4 k €
  11. 2014
    Annual accounts 2014124,4 k €
  12. 2013
    Annual accounts 2013106,5 k €
  13. 2012
    Annual accounts 201286,7 k €
  14. 2011
    Annual accounts 201175,6 k €
  15. 2010
    Annual accounts 201050,7 k €
  16. 2009
    Annual accounts 200975 k €
  17. 2008
    Annual accounts 200876,4 k €
  18. 2007
    Annual accounts 200783,1 k €
  19. 2006
    Annual accounts 200665,2 k €
  20. 10/04/1997
    IncorporationPrivate limited company