ACTIVE

DRILLING SOLUTIONS

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Financial year 2025 · Closed on 30/09/2025

Net result22,1 k €+269,4 %over 1 year

Gross margin150,9 k €+32,1 %over 1 year

Equity480,7 k €+4,8 %over 1 year

Workforce1,3 ETP-35,0 %over 1 year

Identity

Source · BCE/KBO

DRILLING SOLUTIONS is a Public limited company incorporated in 2015. Its main activity is: Test drilling and boring. Its registered office is in Grobbendonk. It employs on average 1,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0635.534.397
Incorporation: 14/08/2015
Legal form: Public limited company
Registered office: 'tVlot 1
2280 Grobbendonk · FlandreSee on map
Contributed capital: 88 500,00 €
Latest accounts: 30/09/2025
Average workforce: 1,3 ETP

Activities (NACE)

43130Test drilling and boring· main 43130Test drilling and boring

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 10 filings

Trend over 10 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	150,9 k €	+32.1%	114,3 k €	-66.9%	345,3 k €	+166%	129,8 k €	-70.9%	446,2 k €
EBITDA	27,7 k €	+211%	8,9 k €	-96.2%	231,9 k €	+1265%	17 k €	-93.5%	259,3 k €
Operating result	27,7 k €	+211%	8,9 k €	-96.3%	239,4 k €	+648%	32 k €	-87.4%	254,6 k €
Net result	22,1 k €	+269%	6 k €	-96.6%	175 k €	+700%	21,9 k €	-88.2%	185,1 k €
Balance sheet
Equity	480,7 k €	+4.8%	458,6 k €	+1.3%	452,6 k €	+19.9%	377,6 k €	+6.2%	355,7 k €
Total assets	621,1 k €	+23.4%	503,3 k €	-40.0%	839,2 k €	+37.2%	611,6 k €	-29.4%	866,1 k €
Cash	246,7 k €	-24.8%	328,1 k €	+470%	57,6 k €	+13.5%	50,7 k €	-54.6%	111,7 k €
Debts	140,4 k €	+214%	44,7 k €	-88.3%	383,5 k €	+71.6%	223,5 k €	-54.2%	487,9 k €
Other
Workforce	1,3 ETP	-35.0%	2,0 ETP	0.0%	2,0 ETP	-13.0%	2,3 ETP	-20.7%	2,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

2 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bertrand Jardinet	Director17/06/2021 → 17/06/2027Chairman of the board of directors12/08/2015 → 2021 accountsended
Jutho0832.784.887Represented by Geert D'JOOS	Managing director12/08/2015 → 17/06/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Geert D'JOOS	Director12/08/2015 → 2019 accountsManaging director12/08/2015 → 2020 accounts

Other companies at this address

'tVlot 1 2280 Grobbendonk

Company	CBE no.
Canalco● Active	0406.867.983
Canalco – CMI Balteau● Liquidation	0755.829.938
CANALCO-NIJKAMP● Active	0652.974.504
DRILLMAT● Active	0635.534.694
Drillmat - Drilling Solutions● Active	0673.894.236
THV CANALCO-NIJKAMP● Liquidation	0654.797.015

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	9 months	12 months	12 months
Filing date	01/04/2026	09/04/2025	10/04/2024	07/04/2023	07/07/2022	31/08/2021
General meeting	27/03/2026	28/03/2025	29/03/2024	31/03/2023	16/06/2022	17/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 10 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	27/03/2026	01/04/2026	Dutch	PDF
Abridged model	30/09/2024	28/03/2025	09/04/2025	Dutch	PDF
Abridged model	30/09/2023	29/03/2024	10/04/2024	Dutch	PDF
Abridged model	30/09/2022	31/03/2023	07/04/2023	Dutch	PDF
Abridged model	31/12/2021	16/06/2022	07/07/2022	Dutch	PDF
Abridged model	31/12/2020	17/06/2021	31/08/2021	Dutch	PDF
Full model	31/12/2019	26/06/2020	30/06/2020	Dutch	PDF
Full model	31/12/2018	20/06/2019	28/06/2019	Dutch	PDF
Full model	31/12/2017	21/06/2018	23/07/2018	Dutch	PDF
Full model	31/12/2016	15/06/2017	23/06/2017	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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.

Board of directors

Source · NBB, accounts to 30/09/2025

2 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bertrand Jardinet	Director17/06/2021 → 17/06/2027Chairman of the board of directors12/08/2015 → 2021 accountsended
Jutho0832.784.887Represented by Geert D'JOOS	Managing director12/08/2015 → 17/06/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Geert D'JOOS	Director12/08/2015 → 2019 accountsManaging director12/08/2015 → 2020 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates30/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/05/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates09/01/2017
benoeming commissaris
PDF
Mandates09/02/2016
Herschikking mandaten bestuurders
PDF
Other18/08/2015
Uittreksel afgeleverd vóór registratie om neer te leggen ter griffie van de Rechtbank van Koophandel
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings10 filings

Mandates

Jutho

Bertrand JARDINET

Geert D'JOOS

2015201620172018201920202021202220232024202520262027

DRILLING SOLUTIONS

'tVlot 1, 2280 Grobbendonk

Managing director

DirectorChairman of the board of directors

DirectorManaging director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
'tVlot 1, 2280 GrobbendonkCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00071355

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
DRILLING SOLUTIONSCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00071355

Events

2025
Annual accounts 202522,1 k €↑
2024
Annual accounts 20246 k €↓
2023
Annual accounts 2023175 k €↑
2022
Annual accounts 202221,9 k €↓
2021
Annual accounts 2021185,1 k €↑
2020
Annual accounts 202062,8 k €↑
2019
Annual accounts 20197 k €↓
2018
Annual accounts 201810,7 k €↑
2017
Annual accounts 20172,8 k €↑
2016
Annual accounts 2016-1,2 k €
14/08/2015
IncorporationPublic limited company

DRILLING SOLUTIONS

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events