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DOCDROPPER

Active
Private limited companyfounded 2012active for 14 yearsNederlandlaan 10, 2440 Geel, BelgiumKBO/BCE: BE 0848.078.918

Financials · financial year 2025, micro format

2025 annual accounts filed 37 days after the deadline Filed on 9 March 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00055229.

Annual accounts 2025 filed on 09-03-2026 PDF

Turnover
≈ €86,000
Estimated: probably between €46,000 and €170,000
Total assets
€95,188
Net result
€3,401
Working capital
-€23,157

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
Assets €95,188
Fixed assets €53,430
Current assets €41,758
Equity and liabilities €95,188
Equity €29,886
Debt €65,303
Debt's share of the balance-sheet total is 68.6%.
Key figures and ratios
2025 value
EBITDA
€15,162
Cash flow
€11,689
Current ratio
0.64
Debt to equity
2.19
ROE
11.4%
ROA
3.6%
Interest coverage
over 100
Debt ≤ 1 year
€64,915
Income taxes
€3,338

Investments

fixed assets acquired
Item30-06-2025
Intangible fixed assets€43,963
Depreciation and write-downs of the year€8,288

Source: notes to the 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 38 lines
Balance sheet Code2025
Assets
Total assets20/58€95,188
Fixed assets21/28€53,430
Intangible fixed assets21€53,430
Current assets29/58€41,758
Amounts receivable within one year40/41€28,873
Trade receivables40€28,345
Other amounts receivable41€528
Cash at bank and in hand54/58€10,692
Deferred charges and accrued income490/1€2,193
Equity and liabilities
Total equity and liabilities10/49€95,188
Equity10/15€29,886
Contributions10/11€2,000
Reserves13€27,886
Distributable reserves133€27,886
Amounts payable17/49€65,303
Amounts payable within one year42/48€64,915
Current portion of amounts payable after more than one year42€50,000
Trade debts44€4,717
Suppliers440/4€4,717
Taxes, remuneration and social security45€3,387
Taxes450/3€3,387
Other amounts payable47/48€6,812
Accrued charges and deferred income492/3€387
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,288
Other operating charges640/8€721
Gross operating margin9900€15,883
Operating profit (loss)9901€6,873
Financial income75/76B€2
Recurring financial income75€2
Financial charges65/66B€137
Recurring financial charges65€137
Profit (loss) for the period before taxes9903€6,739
Income taxes67/77€3,338
Profit (loss) for the period9904€3,401
Profit (loss) for the period to be appropriated9905€3,401
Appropriation of the result
Profit (loss) to be appropriated9906€3,401
Transfer to equity691/2€3,401
To other reserves6921€3,401

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 09-03-2026.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,288
Other operating charges640/8€721
Gross operating margin9900€15,883
Operating profit (loss)9901€6,873
Financial income75/76B€2
Recurring financial income75€2
Financial charges65/66B€137
Recurring financial charges65€137
Profit (loss) for the period before taxes9903€6,739
Income taxes67/77€3,338
Profit (loss) for the period9904€3,401
Profit (loss) for the period to be appropriated9905€3,401
Line2025
Assets
Total assets20/58€95,188
Fixed assets21/28€53,430
Intangible fixed assets21€53,430
Current assets29/58€41,758
Amounts receivable within one year40/41€28,873
Trade receivables40€28,345
Other amounts receivable41€528
Cash at bank and in hand54/58€10,692
Deferred charges and accrued income490/1€2,193
Equity and liabilities
Total equity and liabilities10/49€95,188
Equity10/15€29,886
Contributions10/11€2,000
Reserves13€27,886
Distributable reserves133€27,886
Amounts payable17/49€65,303
Amounts payable within one year42/48€64,915
Current portion of amounts payable after more than one year42€50,000
Trade debts44€4,717
Suppliers440/4€4,717
Taxes, remuneration and social security45€3,387
Taxes450/3€3,387
Other amounts payable47/48€6,812
Accrued charges and deferred income492/3€387
Line2025
Profit (loss) for the period9904€3,401
+ Depreciation and write-downs630€8,288
Operating cash flow (approximation)€11,689

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 10,904 companies had the same profile as DOCDROPPER has now. Two years later, 95.1% were still going and 0.7% had gone bankrupt.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
95.1% was still going
4.0% stopped otherwise
0.7% went bankrupt

That fits the bankruptcy probability of DOCDROPPER itself: 0.4% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 10,904 companies, not a prediction for DOCDROPPER. 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.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
30-06-2025 micro format 09-03-2026 2026-00055229 PDF

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