DOCMA
ActiveSummary
DOCMA has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €191,201 and a net result of €33,225. Equity is growing by about 28% per year across the filed financial years. Its solvency ranks better than 18% of 20,612 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Staff
- 1 FTE
- Equity
- €191,201
- Profit
- €33,225
Why 90raises riskLast filed accounts filed 75 days late; 1 of the last 3 latelowers riskSector: Human health activities (NACE 86)Size: total assets €1.1mFigures for financial year 2025 (filed 14-10-2026)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 86, micro): better than 19% on solvency, 28% on liquidity, 16% on profitability and 65% on growth.
The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 14 days after the deadline; the sector median (NACE 86) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Equity above €150,000equity €157,976 ▲12%
Financials · financial year 2025, micro format
2025 annual accounts filed late (75 days) Filed on 14 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00556657.
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 11% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 86, Human health activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 3,274 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 94.6% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,274 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €14,357 | €13,689 | €14,661 | €11,290 | €11,951 | ▲ 5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €138,209 | €50,170 | €61,320 | €72,383 | €65,940 | €63,067 | €79,543 | ▲ 26.1% |
| Other operating charges640/8 | - | - | €2,407 | €3,120 | €3,393 | €3,280 | €4,612 | ▲ 40.6% |
| Gross operating margin9900 | €110,317 | €114,707 | €190,769 | €134,680 | €126,344 | €135,839 | €160,940 | ▲ 18.5% |
| Operating profit (loss)9901 | -€32,387 | €53,276 | €112,684 | €45,487 | €42,351 | €58,202 | €64,835 | ▲ 11.4% |
| Financial income75/76B | - | - | €408 | €16,205 | €126 | €323 | €358 | ▲ 11.1% |
| Recurring financial income75 | - | - | €408 | €126 | €126 | €323 | €358 | ▲ 11.1% |
| Non-recurring financial income76B | - | - | - | €16,079 | - | - | - | - |
| Financial charges65/66B | - | - | €17,471 | €19,730 | €19,068 | €19,915 | €18,240 | ▼ 8.4% |
| Recurring financial charges65 | €9,145 | €15,650 | €17,471 | €19,730 | €19,068 | €19,915 | €18,240 | ▼ 8.4% |
| Profit (loss) for the period before taxes9903 | -€41,532 | €37,626 | €95,621 | €41,963 | €23,409 | €38,609 | €46,954 | ▲ 21.6% |
| Income taxes67/77 | €260 | €4,753 | €8,237 | €9,717 | €11,713 | €21,641 | €13,729 | ▼ 36.6% |
| Profit (loss) for the period9904 | -€41,792 | €32,873 | €87,385 | €32,245 | €11,696 | €16,969 | €33,225 | ▲ 95.8% |
| Profit (loss) for the period to be appropriated9905 | -€41,792 | €32,873 | €87,385 | €32,245 | €11,696 | €16,969 | €33,225 | ▲ 95.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.0m | €1.0m | €1.3m | €1.2m | €1.2m | €1.1m | €1.1m | ▲ 1.3% |
| Fixed assets21/28 | €0.9m | €0.9m | €1.2m | €1.2m | €1.1m | €1.1m | €1.0m | ▼ 1.1% |
| Tangible fixed assets22/27 | €0.9m | €0.9m | €1.2m | €1.2m | €1.1m | €1.1m | €1.0m | ▼ 1.1% |
| Land and buildings22 | - | - | €1.2m | €1.2m | €1.1m | €1.1m | €1.0m | ▼ 3.9% |
| Plant, machinery and equipment23 | - | - | - | - | - | - | €0.003m | - |
| Furniture and vehicles24 | - | - | €0.009m | €0.01m | €0.008m | €0.005m | €0.03m | ▲ 505% |
| Other tangible fixed assets26 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Financial fixed assets28 | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Current assets29/58 | €0.09m | €0.1m | €0.1m | €0.04m | €0.06m | €0.02m | €0.05m | ▲ 107% |
| Amounts receivable within one year40/41 | €0.03m | €0.04m | €0.05m | €0.03m | €0.02m | €0.02m | €0.01m | ▼ 32.8% |
| Trade receivables40 | - | - | €0.01m | €0.02m | €0.009m | - | €482 | - |
| Other amounts receivable41 | - | - | €0.03m | €0.01m | €0.01m | €0.02m | €0.01m | ▼ 35.7% |
| Current investments50/53 | - | - | - | - | - | - | €0.004m | - |
| Cash at bank and in hand54/58 | €0.07m | €0.08m | €0.05m | €0.01m | €0.03m | €0.007m | €0.03m | ▲ 341% |
| Deferred charges and accrued income490/1 | - | - | €0.003m | €0.001m | - | €133 | €0.004m | ▲ 27× |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.0m | €1.0m | €1.3m | €1.2m | €1.2m | €1.1m | €1.1m | ▲ 1.3% |
| Equity10/15 | -€0.03m | €0.003m | €0.09m | €0.1m | €0.1m | €0.2m | €0.2m | ▲ 21.0% |
| Contributions10/11 | €0.01m | - | €0.01m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Profit (loss) carried forward14 | -€0.04m | -€0.009m | €0.08m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 23.8% |
| Amounts payable17/49 | €1.0m | €1.0m | €1.2m | €1.1m | €1.0m | €0.9m | €0.9m | ▼ 2.0% |
| Amounts payable after more than one year17 | €0.7m | €0.7m | €1.0m | €0.9m | €0.9m | €0.8m | €0.8m | ▼ 0.2% |
| Financial debts170/4 | - | - | €1.0m | €0.9m | €0.9m | €0.8m | €0.8m | ▼ 0.2% |
| Amounts payable within one year42/48 | €0.3m | €0.3m | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | ▼ 14.8% |
| Current portion of amounts payable after more than one year42 | - | - | €0.07m | €0.07m | €0.07m | €0.08m | €0.08m | ▲ 2.6% |
| Trade debts44 | €0.003m | €0.003m | €0.006m | €0.01m | €0.009m | €0.008m | €0.02m | ▲ 90.9% |
| Suppliers440/4 | - | - | €0.006m | €0.01m | €0.009m | €0.008m | €0.02m | ▲ 90.9% |
| Taxes, remuneration and social security45 | - | - | €0.005m | €0.003m | €0.003m | €0.003m | €0.001m | ▼ 66.1% |
| Taxes450/3 | - | - | €0.005m | €0.002m | €0.002m | - | - | - |
| Remuneration and social security454/9 | - | - | - | €0.001m | €0.001m | €0.003m | €0.001m | ▼ 66.1% |
| Other amounts payable47/48 | - | - | €0.1m | €0.07m | €0.05m | €0.02m | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€41,792 | €32,873 | €87,385 | €32,245 | €11,696 | €16,969 | €33,225 | ▲ 95.8% |
| + Depreciation and write-downs630 | €138,209 | €50,170 | €61,320 | €72,383 | €65,940 | €63,067 | €79,543 | ▲ 26.1% |
| Operating cash flow (approximation) | €96,417 | €83,043 | €148,705 | €104,629 | €77,636 | €80,036 | €112,768 | ▲ 40.9% |
| Investment in fixed assets (approximation) | - | -€81,037 | -€353,674 | -€56,525 | -€1,350 | -€19,885 | -€68,384 | ▼ 244% |
| Change in cash | - | €17,019 | -€31,014 | -€38,971 | €21,945 | -€27,692 | €23,440 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 14-10-2026 | 2026-00556657 |
| 31-12-2024 | micro format | 28-08-2025 | 2025-00416866 |
| 31-12-2023 | micro format | 26-06-2024 | 2024-00161932 |
| 31-12-2022 | micro format | 05-10-2023 | 2023-00472422 |
| 31-12-2021 | micro format | 13-07-2022 | 2022-20178665 |
| 31-12-2020 | micro format | 17-05-2021 | 2021-14100331 |
| 31-12-2019 | abbreviated format | 23-09-2020 | 2020-54700392 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| MICHIELS Maarten |
|
Owners and capital
Capital and shareholders
- 17-05-2023 Converted to unavailable equity
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
50%
According to the 2023 annual accounts of DOCMA and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
17-05
Gazette deed
Resignation: MICHIELS Maarten (manager)Appointment: MICHIELS Maarten (director) · Amendment of the articles · Capital conversion9 facts ▸
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “middelen beschikbaar voor uitkering, vormen en meerderheden van statutenwijziging” (deed in Dutch)
- Other provision, “statutair onbeschikbaar eigen vermogen” (deed in Dutch)
- Director resignation, MICHIELS Maarten (manager)
- Director appointment, MICHIELS Maarten (director (not named in the articles))
- Other provision, “kwijting ontslagnemende zaakvoerder, beslissen over kwijting voor uitoefening mandaat” (deed in Dutch)
- Registered office clause, “3210 Lubbeek (Linden)” (deed in Dutch)
- Power of attorney
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24063A0014/00T002 | Flanders | 1,951 m² | 1 · 285 m² | 25.5 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De vennootschap heeft tot voorwerp,de uitoefening door de artsen-vennoten van hun volledige zelfstandige medische activiteit als artsen,meer…” (deed in Dutch)
4 activities (deed in Dutch)
- De vennootschap heeft tot voorwerp,de uitoefening door de artsen-vennoten van hun volledige zelfstandige medische activiteit als artsen,meer bepaald algemene geneeskunde,door de artsen-vennoten in naam en voor rekening van de vennootschap,met inachtname van de regels van de geneeskundige plichtenleer.
- De vennootschap kan bovendien alle werkzaamheden en rechtshandelingen verrichten die van aard zijn rechtstreeks de verwezenlijking van haar voorwerp te bevorderen.
- De vennootschap mag deelnemen aan alle ondernemingen die een gelijkaardig voorwerp nastreven.
- De vennootschap mag,als bijkomstig voorwerp,beleggen in roerende en onroerende goederen,op voorwaarde dat deze handelingen niet van aard zijn het burgerlijk karakter van de vennootschap te wijzigen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- DOCMA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuursorgaan kan bij enkel besluit administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 13. Bevoegdheden van het bestuursorgaan BESTUURSBEVOEGDHEID §1. Als er slechts één bestuurder is, is het geheel van de bevoegdheden…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, duur van medische activiteiten binnen vennootschap” (deed in Dutch)“Algemene kosten,los van representatie-,reis- en verplaatsingskosten, vaste of evenredige vergoeding” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Nominale waarde verhoogd met aandeel in reserves zoals blijkt uit laatste neergelegde jaarrekening, elke overdracht onder…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of May at 20:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering beslissende in vormen vereist voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Beroep op artsen voor zaken betreffende persoonlijke levenssfeer patiënten en/of beroepsgeheim aandeelhouder(s), bestuurder(s) in functie…” (deed in Dutch)