Financials
- Fiscal year
- 2024
- Turnover
- €2.7m
- Loss
- -€388,813
- Solvency
- 89.9%
Turnover▼ 12.8%
Net result
20182024
DOECO
ActiveSummary
The computed 12-month bankruptcy probability of DOECO is 1.9% (moderate). The 2024 annual accounts show equity of €15.2m and a net result of -€388,813. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 94% of 6127 sector peers (fiscal year 2024). The company has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Wholesale of non-electrical household articles
NACE 46494Wholesale of electrical household appliances and audio-video equipment NACE 46431NACE 51430
#4 company by equity in Brasschaat, Wholesale and retail trade sector1 site
Size
€2.7mturnover 2024
- Staff
- 9.8 FTE
- Equity
- €15.2m
- Loss
- -€388,813
Structure
- Holdings
- 1
Accounts 63 d overdue0 of 10 deeds read
Why 55- Figures for FY 2024 (filed 19-08-2026)- 1 financial year not filed after the legal deadline; latest accounts 384 days late; 3 of the last 3 late+ Founded in 1985+ Equity €15.2m (89.9% of total assets)Show the evidence
Checked score
Score 2024
55
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 48% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Average
Solvency
100=
equity 89.9% of total assets
Liquidity
52-1
short-term debt 9.0% · cash 1.2%
Profitability
11=
return on assets -2.3%
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 5 months
06-2026: 3.1%
07-2026: 3.1%● 0.0% vs 06-2026
08-2026: 4.2%▲ +37.0% vs 07-2026highest value
09-2026: 1.3%▼ -69.1% vs 08-2026lowest value
10-2026: 1.9%▲ +43.4% vs 09-2026
- Figures for FY 2024 (filed 19-08-2026) raises the probability
- Founded in 1985 lowers the probability for this profile
- 1 financial year not filed after the legal deadline; latest accounts 384 days late; 3 of the last 3 late raises the probability
- Equity €15.2m (89.9% of total assets) lowers the probability
Credit up to €270,000 at 30 days only on tighter terms
Liquidity ample (current ratio 3.31 against 4.32 in 2023; short-term debt: 9% and cash: 1.2% of total assets), and 10.1% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 90%, liquidity 56%, profitability 17%, growth against the median 32%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-08-2026, 384 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
384 d late
2023
190 d late
2022
72 d late
2021
60 d late
2020
2 d early
2019
39 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 124 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · full…
- Annual accounts filedfiscal year 2023 · full…
- Weakest financial yearnet -€388,813
Key points
- Risk: 3 loss-making years in a rowloss fiscal year 2024 -€388,813 View
- Caution: Among the weakest 8% on net resultsector median €91,096 · 6,138 companies -€388,813 View
- Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
- Caution: Result fell in 2024from -€274,503 to -€388,813 ▼ 41.6% View
By topic
Network & group
- Subsidiaries
- 1
1 subsidiary
Timeline
- Events
- 12
- Since
- 2016
- 19-08-2026Annual accounts filed
- 06-02-2025Annual accounts filed
- 31-12-2024Weakest financial year
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Wholesale of non-electrical household articlesNACE 46494
- Founded
- 15-03-1985
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.