DOGAN
ActiveSummary
The computed 12-month bankruptcy probability of DOGAN is 6.6% (elevated). For DOGAN, at least two annual filings are missing. The 2022 annual accounts show equity of €39,954 and a net result of €10,905. Equity has been growing by about 25% per year since 2018. Its solvency ranks better than 92% of 16,302 sector peers (NACE 56, financial year 2022). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry.
Overview
Overview
Official details
Source: KBO- Status
- Active since 12-04-2017 Normal situation
- Activity
- Full-service restaurants NACE 56111and 1 other
- Establishment unit
- 2.267.537.722 9050 Ghent, since 12-04-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 25-08-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 6.6%
2022 figures too old to score
Annual accounts 2022
- Gross margin
- €30,356
- ▲ 39.3%
- Turnover
- ≈ €150,000
- estimated
- Profit
- €10,905
- ▲ 7.6%
- Equity
- €39,954
- ▲ 37.5%
- Total assets
- €49,264
- ▲ 6.4%
- 2023 accounts not filed, 827 days past the deadline
Signalsraises riskFigures for financial year 2022 (filed on 07-09-2023)Size: total assets €49,2643 financial years not filed after the legal deadline; last filed accounts filed 38 days late; 3 of the last 3 accounts lateTwo or more financial years not filed2022 accounts filed 38 days lateAdministrative warnings in the KBO publicationslowers riskLiquidity: current ratio 4.13, cash €15,430Show the evidence
Bankruptcy probability
No current score
Figures too old
The latest figures are for FY 2022. They are too old for a current score.
Bankruptcy probability: Elevated
Filing: At least two annual filings are missing
Financial strength, FY 2022 · tick: 2021
Strong
Solvency
100+12
equity 81.1% of total assets
Liquidity
84+1
short-term debt 18.9% · cash 31.3%
Profitability
96=
return on assets 22.1%
Bankruptcy probability within 12 months
6.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.6%lowest value
01-2025: 6.1%▲ +1.5 percentage points vs 12-2024
02-2025: 6.1%● unchanged vs 01-2025
03-2025: 6.3%▲ +0.2 percentage points vs 02-2025
04-2025: 5.3%▼ -1.0 percentage point vs 03-2025
05-2025: 5.3%● unchanged vs 04-2025
06-2025: 5.0%▼ -0.3 percentage points vs 05-2025
07-2025: 4.9%▼ -0.1 percentage points vs 06-2025
08-2025: 6.3%▲ +1.4 percentage points vs 07-2025
09-2025: 6.3%● unchanged vs 08-2025
10-2025: 7.1%▲ +0.8 percentage points vs 09-2025highest value
11-2025: 7.1%● unchanged vs 10-2025highest value
12-2025: 7.1%● unchanged vs 11-2025highest value
01-2026: 7.1%● unchanged vs 12-2025highest value
02-2026: 7.1%● unchanged vs 01-2026highest value
03-2026: 7.1%● unchanged vs 02-2026highest value
04-2026: 7.1%● unchanged vs 03-2026highest value
05-2026: 7.1%● unchanged vs 04-2026highest value
06-2026: 7.1%● unchanged vs 05-2026highest value
07-2026: 7.1%● unchanged vs 06-2026highest value
08-2026: 6.6%▼ -0.5 percentage points vs 07-2026
09-2026: 6.6%● unchanged vs 08-2026
10-2026: 6.6%● unchanged vs 09-2026
11-2026: 6.6%● unchanged vs 10-2026
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2023 year end31-07-2024 deadline05-11-2026 today
raises risk · 2022 accounts filed 38 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 07-09-2023, 38 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
38 days late
2021
161 days late
2020
506 days late
2019
871 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 394 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Strikeout withdrawn
Financials
Financials · financial year 2022, micro format
2023 annual accounts not yet filed, deadline passed on 31 July 2024 The financial year closed on 31 December 2023. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 3 financial years without a filing since the last one filed. Source: NBB filings, as of 5 November 2026.
Annual accounts 2022 filed on 07-09-2023 PDF all 5 filings
Turnover
≈ €150,000
Estimated: probably between €120,000 and €200,000
Total assets
€49,264▲ 6.4%
2021 · €46,291
Net result
€10,905▲ 7.6%
2021 · €10,138
Working capital
€29,123▲ 75.0%
2021 · €16,640
Multi-year overview
2018 to 2022, 5 financial yearsOperating result
€22,427
▲ 29.7%
2022
20182022
Net result
€10,905
▲ 7.6%
2022
middle half of the sector
20182022
Equity
€39,954
▲ 37.5%
2022
middle half of the sector
20182022
Total assets
€49,264
▲ 6.4%
2022
middle half of the sector
20182022
Debt
€9,310
▼ 46.0%
2022
20182022
Working capital
€29,123
▲ 75.0%
2022
middle half of the sector
20182022
Solvency
81.1%
▲ 18.4pp
2022
highest quarter of the sector
20182022
Current ratio
4.13
▲ 2.16
2022
highest quarter of the sector
20182022
Return on assets (ROA)
22.1%
▲ 0.2pp
2022
highest quarter of the sector
20182022
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022
Operating result€17,764--€3,586€6,577€17,294▲ 163%€22,427▲ 29.7%
Net result€16,333--€4,863€4,340within the sector's middle half€10,138within the sector's middle half▲ 134%€10,905within the sector's middle half▲ 7.6%
Equity€16,433-€11,570▼ 29.6%€18,910within the sector's middle half▲ 63.4%€29,048within the sector's middle half▲ 53.6%€39,954within the sector's middle half▲ 37.5%
Total assets€18,194-€14,262▼ 21.6%€32,801below the sector's middle half▲ 130%€46,291within the sector's middle half▲ 41.1%€49,264within the sector's middle half▲ 6.4%
Debt€1,761-€2,692▲ 52.8%€13,891▲ 416%€17,243▲ 24.1%€9,310▼ 46.0%
Working capital€8,696-€3,307▼ 62.0%€11,669within the sector's middle half▲ 253%€16,640within the sector's middle half▲ 42.6%€29,123within the sector's middle half▲ 75.0%
Solvency90.3%-81.1%▼ 9.2pp57.7%above the sector's middle half▼ 23.5pp62.8%above the sector's middle half▲ 5.1pp81.1%above the sector's middle half▲ 18.4pp
Current ratio5.94-2.23▼ 3.711.84within the sector's middle half▼ 0.391.97within the sector's middle half▲ 0.134.13above the sector's middle half▲ 2.16
Return on assets (ROA)89.8%--34.1%▼ 123.9pp13.2%within the sector's middle half▲ 47.3pp21.9%within the sector's middle half▲ 8.7pp22.1%above the sector's middle half▲ 0.2pp
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 2022 is 30% higher than in 2021 and the highest since 2018. It is the third rise in a row, after the fall in 2019.
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
2022 in colour, 2021 as the grey bar beneath
Assets €49,264
Fixed assets
€10,831 ▼ 12.7%
Current assets
€38,433 ▲ 13.4%
Equity and liabilities €49,264
Equity
€39,954 ▲ 37.5%
Debt
€9,310 ▼ 46.0%
Debt's share of the balance-sheet total falls from 37.2% to 18.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€26,460▲
2021 · €20,876
Cash flow
€14,938▲
2021 · €13,720
Quick ratio
3.64▲
2021 · 1.76
Debt to equity
0.23▼
2021 · 0.59
ROE
27.3%▼
2021 · 34.9%
Interest coverage
60.76▲
2021 · 7.11
Debt ≤ 1 year
€9,310▼
2021 · €17,243
Income taxes
€12,000▲
2021 · €4,604
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Tangible fixed assets | €10,021 | €2,532 | €1,416 | €8,779 | €2,456 |
| Financial fixed assets | - | €130 | - | - | - |
| Depreciation and write-downs of the year | €2,284 | €2,135 | €2,439 | €3,582 | €4,033 |
Source: notes to the 2018 to 2022 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 · 1 entry · €2,000 awarded · €2,000 paidSchemes
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,284 | €2,135 | €2,439 | €3,582 | €4,033 | ▲ 12.6% |
| Other operating charges640/8 | €4,002 | €2,450 | €1,911 | €899 | €3,896 | ▲ 333% |
| Non-recurring operating charges66A | - | - | - | €16 | - | - |
| Gross operating margin9900 | €24,051 | €998 | €10,928 | €21,792 | €30,356 | ▲ 39.3% |
| Operating profit (loss)9901 | €17,764 | -€3,586 | €6,577 | €17,294 | €22,427 | ▲ 29.7% |
| Financial income75/76B | €274 | €254 | €161 | €384 | €914 | ▲ 138% |
| Recurring financial income75 | €274 | €254 | €161 | €384 | €914 | ▲ 138% |
| Financial charges65/66B | €1,706 | €1,530 | €2,398 | €2,936 | €436 | ▼ 85.2% |
| Recurring financial charges65 | €1,706 | €1,530 | €2,398 | €2,936 | €436 | ▼ 85.2% |
| Profit (loss) for the period before taxes9903 | €16,333 | -€4,863 | €4,340 | €14,742 | €22,905 | ▲ 55.4% |
| Income taxes67/77 | - | - | - | €4,604 | €12,000 | ▲ 161% |
| Profit (loss) for the period9904 | €16,333 | -€4,863 | €4,340 | €10,138 | €10,905 | ▲ 7.6% |
| Profit (loss) for the period to be appropriated9905 | €16,333 | -€4,863 | €4,340 | €10,138 | €10,905 | ▲ 7.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €18,194 | €14,262 | €32,801 | €46,291 | €49,264 | ▲ 6.4% |
| Fixed assets21/28 | €7,737 | €8,264 | €7,241 | €12,408 | €10,831 | ▼ 12.7% |
| Tangible fixed assets22/27 | €7,737 | €8,134 | €7,111 | €12,308 | €10,731 | ▼ 12.8% |
| Plant, machinery and equipment23 | €7,737 | €8,134 | €7,111 | €10,498 | €9,181 | ▼ 12.5% |
| Furniture and vehicles24 | - | - | - | €1,810 | €1,550 | ▼ 14.4% |
| Financial fixed assets28 | - | €130 | €130 | €100 | €100 | = |
| Current assets29/58 | €10,457 | €5,998 | €25,560 | €33,883 | €38,433 | ▲ 13.4% |
| Stocks and contracts in progress3 | €914 | €914 | €914 | €3,571 | €4,571 | ▲ 28.0% |
| Stocks30/36 | €914 | €914 | €914 | €3,571 | €4,571 | ▲ 28.0% |
| Amounts receivable within one year40/41 | €7,755 | €2,385 | €1,146 | - | €18,286 | - |
| Trade receivables40 | €6,715 | €16 | €16 | - | - | - |
| Other amounts receivable41 | €1,039 | €2,368 | €1,130 | - | €18,286 | - |
| Cash at bank and in hand54/58 | €1,239 | €2,365 | €23,501 | €30,312 | €15,430 | ▼ 49.1% |
| Deferred charges and accrued income490/1 | €550 | €335 | - | - | €145 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €18,194 | €14,262 | €32,801 | €46,291 | €49,264 | ▲ 6.4% |
| Equity10/15 | €16,433 | €11,570 | €18,910 | €29,048 | €39,954 | ▲ 37.5% |
| Contributions10/11 | €100 | €100 | €3,100 | €3,100 | €3,100 | = |
| Contributions outside capital11 | €100 | - | - | - | - | - |
| Other1109/19 | €100 | - | - | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Distributable reserves133 | - | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | €14,473 | €9,610 | €13,950 | €24,088 | €34,994 | ▲ 45.3% |
| Amounts payable17/49 | €1,761 | €2,692 | €13,891 | €17,243 | €9,310 | ▼ 46.0% |
| Amounts payable within one year42/48 | €1,761 | €2,692 | €13,891 | €17,243 | €9,310 | ▼ 46.0% |
| Trade debts44 | €1,761 | €790 | €10,278 | €12,667 | €4,470 | ▼ 64.7% |
| Suppliers440/4 | €1,761 | €790 | €10,278 | €12,667 | €4,470 | ▼ 64.7% |
| Taxes, remuneration and social security45 | - | €1,901 | €3,613 | €4,576 | €4,834 | ▲ 5.6% |
| Taxes450/3 | - | €1,901 | €3,613 | €4,576 | €4,834 | ▲ 5.6% |
| Other amounts payable47/48 | - | - | - | - | €6 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,333 | -€4,863 | €4,340 | €10,138 | €10,905 | ▲ 7.6% |
| + Depreciation and write-downs630 | €2,284 | €2,135 | €2,439 | €3,582 | €4,033 | ▲ 12.6% |
| Operating cash flow (approximation) | €18,617 | -€2,728 | €6,779 | €13,720 | €14,938 | ▲ 8.9% |
| Investment in fixed assets (approximation) | - | -€2,661 | -€1,416 | -€8,749 | -€2,456 | ▲ 71.9% |
| Change in cash | - | €1,126 | €21,136 | €6,811 | -€14,882 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2022 | micro format | 07-09-2023 | 2023-00439596 | |
| 31-12-2021 | micro format | 08-01-2023 | 2023-20554904 | |
| 31-12-2020 | micro format | 19-12-2022 | 2022-20539796 | |
| 31-12-2019 | micro format | 19-12-2022 | 2022-20539794 | |
| 31-12-2018 | micro format | 19-12-2022 | 2022-20539793 |
Board & ownership
Directors
Directors
1 director
Dogan Cemil
Current
Director · listed in the 2022 annual accounts, filed on 07-09-2023
Owners and capital
Owners
Network & group
DOGAN shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of DOGAN. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Deeds, filings and financial milestones
2023
2022
31-12
Financial
Liquidity more than doubledcurrent ratio 4.13
The current ratio rises from 1.97 to 4.13. Short-term debt falls from €17,243 to €9,310.
19-12
micro format · 506 days late
19-12
micro format · 871 days late
19-12
micro format · 1237 days late
2020
31-12
Financial
Back to profitnet €4,340
The net result is €4,340, after one loss-making year.
2019
31-12
Financial
Weakest financial yearnet -€4,863
The net result drops to -€4,863, the lowest from 2018 to 2022. It recovers the following year.
2017
14-04
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
DOGAN in Dutch
Enterprise number
0674.485.441
Legal form
Private limited company (pre-2019)
Status
Active, normal situation
Founded
12-04-2017
Entity type
Legal entity
Registered office and establishments
Registered office
Ledebergplein 3, 9050 Ghent, Belgium
Establishment unit
DOGAN, Ledebergplein 3, 9050 Ghent since 12-04-2017 · unit number 2.267.537.722 1073001 Manufacture of food products
Activities
NACEBEL 2025VAT activities
56111
Full-service restaurants main activity
Social security (RSZ) activities
56112
Limited-service restaurants, excluding mobile food services main activity
Codes under NACEBEL 2008
VAT activities
56101
Full-service restaurants main activity
Social security (RSZ) activities
56102
Limited-service restaurants main activity
Invoicing and payment
VAT number
BE 0674.485.441
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Recognitions · licences · registrations
Food safety, FASFC
1 siteGhentunit number 2.267.537.722
Sites & property
Location
Buildings and parcels at the address
Ground area
112 m²
Building footprint
112 m²
Building volume
1,056 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44032A0224/00E004 | Flanders | 112 m² | 1 · 112 m² | 14.3 m · 4 |