DOGAN MARKT
ActiveSummary
The computed 12-month bankruptcy probability of DOGAN MARKT is 1.6% (moderate). The 2024 annual accounts show negative equity (€-27k) and a net result of €-90k. Equity is growing by ~12.3% per year across the filed fiscal years. Its solvency ranks better than 15% of 26043 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
21
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency0▼-99
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.81 against 11.17 in 2023; short-term debt: 113.9% and cash: 2.6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-26.4%
Return on assets
-87.8%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-27k
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 13-07-2026, 347 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
347 d late
2023
17 d early
2022
31 d late
2021
24 d early
2020
30 d late
2019
21 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€422k
EBIT margin
1.6%
Net result
€-90k
2023 · €23k
2018: €1k
2019: €1k
2020: €262
2021: €6k
2022: €7k
2023: €23k
2018 → 2024
Working capital
€-23k
2023 · €67k
2018: €17k
2019: €21k
2020: €27k
2021: €12k
2022: €48k
2023: €67k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€422k
Equity€27k-€33k▲ 24.0%€40k▲ 20.1%€63k▲ 59.2%€-27k
Operating result€502-€7k▲ 1,246%€7k▲ 3.2%€30k▲ 324%€-90k
Net result€262-€6k▲ 2,342%€7k▲ 4.0%€23k▲ 253%€-90k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €90k after €30k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €103k
Fixed assets
€8k ▼ 29.3%
Current assets
€94k ▲ 28.2%
Key figures and ratios
EBITDA
€-87k▼
2023 · €34k
Cash flow
€-87k▼
2023 · €28k
Solvency
-26.4%▼
2023 · 73.9%
Current ratio
0.81▼
2023 · 11.17
Quick ratio
0.28▼
2023 · 4.95
Debt to equity
-4.79▼
2023 · 0.35
ROA
-87.8%▼
2023 · 27.5%
Interest coverage
-68.07▼
2023 · 11.26
Debt
€130k▲
2023 · €22k
Debt ≤ 1 year
€117k▲
2023 · €7k
Debt > 1 year
€13k▼
2023 · €16k
Staff costs
€102k▲
2023 · €36k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€85k€103k▲
Fixed assets21/28€12k€8k▼
Tangible fixed assets22/27€12k€8k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€8k€5k▼
Current assets29/58€74k€94k▲
Stocks and contracts in progress3€41k€62k▲
Stocks30/36€41k€62k▲
Amounts receivable within one year40/41€26k€29k▲
Trade receivables40€5k€205▼
Other amounts receivable41€21k€29k▲
Cash at bank and in hand54/58€5k€3k▼
Deferred charges and accrued income490/1€2k€672▼
Equity and liabilities
Total equity and liabilities10/49€85k€103k▲
Equity10/15€63k€-27k▼
Contributions10/11€6k€8k▲
Reserves13€2k-
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Profit (loss) carried forward14€55k€-35k▼
Amounts payable17/49€22k€130k▲
Amounts payable after more than one year17€16k€13k▼
Financial debts170/4€16k€13k▼
Amounts payable within one year42/48€7k€117k▲
Current portion of amounts payable after more than one year42€3k€4k▲
Trade debts44€2k€78k▲
Suppliers440/4€2k€78k▲
Taxes, remuneration and social security45€863€35k▲
Taxes450/3€863€11k▲
Remuneration and social security454/9-€24k
Income statement
Code20232024
Goods, raw materials, services and sundry goods60/61€330k-
Remuneration, social security and pensions62€36k€102k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8€700€653▼
Gross operating margin9900€71k€16k▼
Operating profit (loss)9901€30k€-90k▼
Financial income75/76B-€1k
Recurring financial income75-€1k
Financial charges65/66B€3k€1k▼
Recurring financial charges65€3k€1k▼
Profit (loss) for the period before taxes9903€27k€-90k▼
Income taxes67/77€3k-
Profit (loss) for the period9904€23k€-90k▼
Profit (loss) for the period to be appropriated9905€23k€-90k▼
Appropriation of the result
Profit (loss) to be appropriated9906€55k€-35k▼
Profit (loss) brought forward from the previous period14P€32k€55k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 347 days late
2024
31-12
Financial
Weakest financial yearnet €-90k ▼484%
Net result drops to €-90k, the lowest in the series.
14-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €23k ▲253%
Operating result €30k, net result €23k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 11.17
Current ratio from 2.57 to 11.17; short-term debt falls from €31k to €7k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 2.57
Current ratio from 1.28 to 2.57; short-term debt falls from €44k to €31k.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 21 days late
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
15-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ter Heydelaan 2742100 AntwerpenGround area
587 m²
Building footprint
262 m²
Volume, LiDAR
2,178 m³
Parcel 11344A0502/00T029, Flanders · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DOGAN MARKT
since 20152.251.226.181
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11344A0502/00T029 | Flanders | 587 m² | 1 · 262 m² | 11.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.251.226.181
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BE 0719.978.540
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MARTENS BROTHERS
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Of 10,519 companies in sector 47110 we hold annual accounts for 5,857. 4,666 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-07-2015
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
47221Retail sale of meat and meat products, excluding game and poultry
47241Retail sale of bread and pastry (bakery outlets)
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.