D.O.P.
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 31-07-2026 at the NBB all 4 filings
Turnover
≈ €410,000
Estimated: probably between €340,000 and €490,000
Total assets
€198,090▲ 0.7%
2024 · €196,785
Net result
€35,104▼ 6.0%
2024 · €37,334
Working capital
€152,952▲ 10.7%
2024 · €138,111
In the rankings
#7 company by equity in Ham-sur-Heure-Nalinnes, Accommodation and food service sector
Multi-year overview
2022 to 2025, 4 financial yearsOperating result
€52,417
▼ 3.8%
2025
20222025
Net result
€35,104
▼ 6.0%
2025
highest quarter of the sector
20222025
Equity
€166,947
▲ 26.6%
2025
highest quarter of the sector
20222025
Total assets
€198,090
▲ 0.7%
2025
middle half of the sector
20222025
Debt
€31,142
▼ 52.0%
2025
20222025
Working capital
€152,952
▲ 10.7%
2025
highest quarter of the sector
20222025
Solvency
84.3%
▲ 17.3pp
2025
highest quarter of the sector
20222025
Current ratio
8.03
▲ 2.86
2025
highest quarter of the sector
20222025
Return on assets (ROA)
17.7%
▼ 1.3pp
2025
highest quarter of the sector
20222025
Staff (FTE)
5.8
▲ 3.6%
2025
20222025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2022202320242025
Operating result€76,468-€48,819▼ 36.2%€54,468▲ 11.6%€52,417▼ 3.8%
Net result€54,888above the sector's middle half-€32,621above the sector's middle half▼ 40.6%€37,334above the sector's middle half▲ 14.4%€35,104above the sector's middle half▼ 6.0%
Equity€61,888within the sector's middle half-€94,509above the sector's middle half▲ 52.7%€131,843above the sector's middle half▲ 39.5%€166,947above the sector's middle half▲ 26.6%
Total assets€85,928within the sector's middle half-€137,286within the sector's middle half▲ 59.8%€196,785within the sector's middle half▲ 43.3%€198,090within the sector's middle half▲ 0.7%
Debt€24,040-€42,777▲ 77.9%€64,942▲ 51.8%€31,142▼ 52.0%
Working capital€45,692above the sector's middle half-€80,817above the sector's middle half▲ 76.9%€138,111above the sector's middle half▲ 70.9%€152,952above the sector's middle half▲ 10.7%
Solvency72.0%above the sector's middle half-68.8%above the sector's middle half▼ 3.2pp67.0%above the sector's middle half▼ 1.8pp84.3%above the sector's middle half▲ 17.3pp
Current ratio2.90above the sector's middle half-2.89above the sector's middle half▼ 0.015.18above the sector's middle half▲ 2.298.03above the sector's middle half▲ 2.86
Return on assets (ROA)63.9%above the sector's middle half-23.8%above the sector's middle half▼ 40.1pp19.0%above the sector's middle half▼ 4.8pp17.7%above the sector's middle half▼ 1.3pp
Staff (FTE)3-2.7▼ 10.0%5.6▲ 107%5.8▲ 3.6%
above
within
below
The sector band is the middle half of the companies in Food and beverage service activities (NACE 56). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 4% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €198,090
Fixed assets
€23,390 ▼ 8.6%
Current assets
€174,700 ▲ 2.1%
Equity and liabilities €198,090
Equity
€166,947 ▲ 26.6%
Debt
€31,142 ▼ 52.0%
Debt's share of the balance-sheet total falls from 33.0% to 15.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€61,746▼
2024 · €63,618
Cash flow
€44,433▼
2024 · €46,483
Quick ratio
6.80▲
2024 · 4.53
Debt to equity
0.19▼
2024 · 0.49
ROE
21.0%▼
2024 · 28.3%
Interest coverage
13.38▼
2024 · 22.30
Debt ≤ 1 year
€21,748▼
2024 · €33,072
Debt > 1 year
€8,928▼
2024 · €31,807
Income taxes
€12,745▼
2024 · €14,357
Staff costs
€76,819▲
2024 · €65,264
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 5 | 5 | 5 | 5 |
| part-time | 5 | 5 | 5 | 5 |
| in full-time equivalents | 0.7 | 0.7 | 1.2 | 1.5 |
| Average over the year, in full-time equivalents | 0.7 | 0.5 | 1.5 | 1.9 |
| On a permanent contract | - | 4 | 4 | 4 |
| Joined | 12 | 43 | 86 | - |
| Left | 8 | 43 | 86 | - |
Source: social balance sheet in the 2022 to 2025 annual accounts
Investments
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | €25,121 | €4,653 | €21,059 | €7,116 |
| Depreciation and write-downs of the year | €9,684 | €7,018 | €9,150 | €9,329 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €61 | - | €248 | - |
| Remuneration, social security and pensions62 | €37,991 | €27,978 | €65,264 | €76,819 | ▲ 17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,684 | €7,018 | €9,150 | €9,329 | ▲ 2.0% |
| Other operating charges640/8 | €1,204 | €856 | €699 | €664 | ▼ 5.0% |
| Non-recurring operating charges66A | - | €207 | €482 | €444 | ▼ 8.0% |
| Gross operating margin9900 | €125,346 | €84,879 | €130,063 | €139,673 | ▲ 7.4% |
| Operating profit (loss)9901 | €76,468 | €48,819 | €54,468 | €52,417 | ▼ 3.8% |
| Financial income75/76B | - | €146 | €75 | €45 | ▼ 39.2% |
| Recurring financial income75 | - | €146 | €75 | €45 | ▼ 39.2% |
| Financial charges65/66B | €3,496 | €3,990 | €2,852 | €4,614 | ▲ 61.8% |
| Recurring financial charges65 | €3,496 | €3,990 | €2,852 | €4,614 | ▲ 61.8% |
| Profit (loss) for the period before taxes9903 | €72,972 | €44,976 | €51,690 | €47,849 | ▼ 7.4% |
| Income taxes67/77 | €18,084 | €12,355 | €14,357 | €12,745 | ▼ 11.2% |
| Profit (loss) for the period9904 | €54,888 | €32,621 | €37,334 | €35,104 | ▼ 6.0% |
| Profit (loss) for the period to be appropriated9905 | €54,888 | €32,621 | €37,334 | €35,104 | ▼ 6.0% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €85,928 | €137,286 | €196,785 | €198,090 | ▲ 0.7% |
| Formation expenses20 | - | €0 | €0 | €0 | - |
| Fixed assets21/28 | €16,196 | €13,692 | €25,602 | €23,390 | ▼ 8.6% |
| Tangible fixed assets22/27 | €16,196 | €13,692 | €25,602 | €23,390 | ▼ 8.6% |
| Plant, machinery and equipment23 | €2,982 | €2,053 | €8,454 | €12,129 | ▲ 43.5% |
| Furniture and vehicles24 | €13,214 | €11,639 | €17,148 | €11,261 | ▼ 34.3% |
| Current assets29/58 | €69,732 | €123,594 | €171,183 | €174,700 | ▲ 2.1% |
| Stocks and contracts in progress3 | €8,408 | €15,200 | €21,335 | €26,844 | ▲ 25.8% |
| Stocks30/36 | €8,408 | €15,200 | €21,335 | €26,844 | ▲ 25.8% |
| Amounts receivable within one year40/41 | €4,574 | €24,792 | €41,603 | €61,113 | ▲ 46.9% |
| Trade receivables40 | - | - | €1,679 | €1,513 | ▼ 9.9% |
| Other amounts receivable41 | €4,574 | €24,792 | €39,924 | €59,601 | ▲ 49.3% |
| Cash at bank and in hand54/58 | €55,192 | €82,010 | €108,167 | €86,531 | ▼ 20.0% |
| Deferred charges and accrued income490/1 | €1,558 | €1,591 | €78 | €212 | ▲ 173% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €85,928 | €137,286 | €196,785 | €198,090 | ▲ 0.7% |
| Equity10/15 | €61,888 | €94,509 | €131,843 | €166,947 | ▲ 26.6% |
| Contributions10/11 | €7,000 | €7,000 | €7,000 | €7,000 | = |
| Profit (loss) carried forward14 | €54,888 | €87,509 | €124,843 | €159,947 | ▲ 28.1% |
| Amounts payable17/49 | €24,040 | €42,777 | €64,942 | €31,142 | ▼ 52.0% |
| Amounts payable after more than one year17 | - | - | €31,807 | €8,928 | ▼ 71.9% |
| Financial debts170/4 | - | - | €31,807 | €8,928 | ▼ 71.9% |
| Amounts payable within one year42/48 | €24,040 | €42,777 | €33,072 | €21,748 | ▼ 34.2% |
| Current portion of amounts payable after more than one year42 | - | - | €2,748 | €2,879 | ▲ 4.8% |
| Trade debts44 | €3,254 | €9,274 | €15,347 | €9,672 | ▼ 37.0% |
| Suppliers440/4 | €3,254 | €9,274 | €15,347 | €9,672 | ▼ 37.0% |
| Taxes, remuneration and social security45 | €20,090 | €33,503 | €14,977 | €9,197 | ▼ 38.6% |
| Taxes450/3 | €18,084 | €31,900 | €7,579 | €931 | ▼ 87.7% |
| Remuneration and social security454/9 | €2,007 | €1,603 | €7,398 | €8,266 | ▲ 11.7% |
| Other amounts payable47/48 | €696 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | €64 | €467 | ▲ 632% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €54,888 | €32,621 | €37,334 | €35,104 | ▼ 6.0% |
| + Depreciation and write-downs630 | €9,684 | €7,018 | €9,150 | €9,329 | ▲ 2.0% |
| Operating cash flow (approximation) | €64,572 | €39,638 | €46,483 | €44,433 | ▼ 4.4% |
| Investment in fixed assets (approximation) | - | -€4,514 | -€21,059 | -€7,116 | ▲ 66.2% |
| Change in cash | - | €26,818 | €26,157 | -€21,636 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 26,972 companies had the same profile as D.O.P. has now. Two years later, 94.9% were still going and 1.6% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
94.9%
was still going
3.4%
stopped otherwise
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of D.O.P. itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for D.O.P.. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.