ACTIVE

DRILLING SOLUTIONS

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Financial year 2025 · closed on 30/09/2025
Net result
22,1 k €
+269.4% YoY
Gross margin
150,9 k €
+32.1% YoY
Equity
480,7 k €
+4.8% YoY
Workforce
1,3 ETP
-35.0% YoY

What does DRILLING SOLUTIONS do?

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· main43130Test drilling and boring
Joint committees (1)
  • 124
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin150,9 k €114,3 k €345,3 k €129,8 k €446,2 k €287,9 k €––––
EBITDA27,7 k €8,9 k €231,9 k €17 k €259,3 k €87,7 k €10,7 k €18,3 k €10,5 k €2,3 k €
Operating result27,7 k €8,9 k €239,4 k €32 k €254,6 k €87,7 k €10,7 k €18,3 k €10,5 k €2,3 k €
Net result22,1 k €6 k €175 k €21,9 k €185,1 k €62,8 k €7 k €10,7 k €2,8 k €-1,2 k €
Balance sheet
Equity480,7 k €458,6 k €452,6 k €377,6 k €355,7 k €170,6 k €107,8 k €100,7 k €90,1 k €87,3 k €
Total assets621,1 k €503,3 k €839,2 k €611,6 k €866,1 k €667,3 k €541,8 k €346,5 k €470,4 k €376,1 k €
Cash246,7 k €328,1 k €57,6 k €50,7 k €111,7 k €125,3 k €56,9 k €8,7 k €22,5 k €64,2 k €
Debts140,4 k €44,7 k €383,5 k €223,5 k €487,9 k €478,9 k €413,6 k €243,1 k €379,9 k €288,5 k €
Other
Workforce1,3 ETP2,0 ETP2,0 ETP2,3 ETP2,9 ETP3,3 ETP4,3 ETP4,0 ETP3,2 ETP2,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 8 ended

Active mandates

Bertrand JARDINET

Director · since 17 juin 2021 · until 26 mars 2027

Active
Jutho

Managing director · since 17 juin 2021 · until 26 mars 2027 · 0832.784.887

Represented by Geert D'JOOS

Active

Ended mandates

Bertrand Jardinet

Chairman of the board of directors · since 17 juin 2021 · until 17 juin 2027

Ended
Bertrand JARDINET

Director · since 17 juin 2021 · until 17 juin 2027

Ended
Jutho

Managing director · since 17 juin 2021 · until 17 juin 2027 · 0832.784.887

Represented by Geert D'JOOS

Ended
Jutho

Managing director · since 04 novembre 2015 · until 03 novembre 2021 · 0832.784.887

Represented by Geert D'JOOS

Ended
At this address

Other companies at this address

CompanyCBE no.
Canalco● Active
0406.867.983
Canalco – CMI Balteau● Liquidation
0755.829.938
Canalco-Drilling Solutions● Active
0785.937.352
CANALCO-NIJKAMP● Active
0652.974.504
Canalco - Verbraeken Infra● Active
0785.910.232
C.D.R.J.● Active
0865.641.559
DRILLMAT● Active
0635.534.694
Drillmat - Drilling Solutions● Active
0673.894.236
Hydroleaks● Active
0672.889.196
THV CANALCO HYDROGAZ● Active
0666.449.980
THV CANALCO-NIJKAMP● Liquidation
0654.797.015
Tijdelijke maatschap C.A.D● Active
1027.473.488
TM Canalco-Abba● Active
1026.429.650
TM CANALCO HOCOSTO● Active
1005.361.943
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/01/202201/01/202101/01/2020
Closing of the financial year30/09/202530/09/202430/09/202330/09/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months9 months12 months12 months
Filing date01/04/202609/04/202510/04/202407/04/202307/07/202231/08/2021
General meeting27/03/202628/03/202529/03/202431/03/202316/06/202217/06/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202527/03/202601/04/2026DutchPDF
Abridged model30/09/202428/03/202509/04/2025DutchPDF
Abridged model30/09/202329/03/202410/04/2024DutchPDF
Abridged model30/09/202231/03/202307/04/2023DutchPDF
Abridged model31/12/202116/06/202207/07/2022DutchPDF
Abridged model31/12/202017/06/202131/08/2021DutchPDF
Full model31/12/201926/06/202030/06/2020DutchPDF
Full model31/12/201820/06/201928/06/2019DutchPDF
Full model31/12/201721/06/201823/07/2018DutchPDF
Full model31/12/201615/06/201723/06/2017DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 8 ended

Active mandates

Bertrand JARDINET

Director · since 17 juin 2021 · until 26 mars 2027

Active
Jutho

Managing director · since 17 juin 2021 · until 26 mars 2027 · 0832.784.887

Represented by Geert D'JOOS

Active

Ended mandates

Bertrand Jardinet

Chairman of the board of directors · since 17 juin 2021 · until 17 juin 2027

Ended
Bertrand JARDINET

Director · since 17 juin 2021 · until 17 juin 2027

Ended
Jutho

Managing director · since 17 juin 2021 · until 17 juin 2027 · 0832.784.887

Represented by Geert D'JOOS

Ended
Jutho

Managing director · since 04 novembre 2015 · until 03 novembre 2021 · 0832.784.887

Represented by Geert D'JOOS

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • 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
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/02/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other18/08/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202522,1 k €↑
  2. 2024
    Annual accounts 20246 k €↓
  3. 2023
    Annual accounts 2023175 k €↑
  4. 2022
    Annual accounts 202221,9 k €↓
  5. 2021
    Annual accounts 2021185,1 k €↑
  6. 2020
    Annual accounts 202062,8 k €↑
  7. 2019
    Annual accounts 20197 k €↓
  8. 2018
    Annual accounts 201810,7 k €↑
  9. 2017
    Annual accounts 20172,8 k €↑
  10. 2016
    Annual accounts 2016-1,2 k €
  11. 14/08/2015
    IncorporationPublic limited company