DOGETHER
ActiveSummary
DOGETHER has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€9,035) and a net result of -€1,769. Equity has been shrinking by about 29% per year since 2023. Its solvency ranks better than 18% of 17,149 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 14-02-2023 Normal situation
- Activity
- Buying and selling of own real estate NACE 68110and 2 others
- Establishment unit
- 2.342.365.995 8500 Kortrijk, since 14-02-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 09-03-2026
Board and ownership
- Bob VAN MOLDirector · since 14-02-2023
- Tom FOSSAERTDirector · since 14-02-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.3%
- Gross margin
- -€1,720
- ▲ 6.4%
- Loss
- €1,769
- ▼ 25.9%
- Equity
- -€9,035
- ▼ 24.3%
- Total assets
- €405,296
- ▲ 109%
- Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equityLiquidity: current ratio 0.98, cash €1842 of the last 3 accounts latelowers riskSector: Real estate activities (NACE 68)Size: total assets €405,296Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 68, micro). It does better than 18% of them on solvency, 2% on liquidity, 32% on profitability and 19% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 3 accounts on average 42 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 31-07-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2025 is a loss of €2,122, smaller than the loss of €2,351 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Financial fixed assets | - | - | €0 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | €700 | €513 | €402 | ▼ 21.7% |
| Gross operating margin9900 | -€14,181 | -€1,838 | -€1,720 | ▲ 6.4% |
| Operating profit (loss)9901 | -€14,881 | -€2,351 | -€2,122 | ▲ 9.7% |
| Financial income75/76B | - | - | €414 | - |
| Recurring financial income75 | - | - | €414 | - |
| Financial charges65/66B | - | €35 | €60 | ▲ 73.3% |
| Recurring financial charges65 | - | €35 | €60 | ▲ 73.3% |
| Profit (loss) for the period before taxes9903 | -€14,881 | -€2,386 | -€1,769 | ▲ 25.9% |
| Profit (loss) for the period9904 | -€14,881 | -€2,386 | -€1,769 | ▲ 25.9% |
| Profit (loss) for the period to be appropriated9905 | -€14,881 | -€2,386 | -€1,769 | ▲ 25.9% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €195,361 | €193,540 | €405,296 | ▲ 109% |
| Current assets29/58 | €195,361 | €193,540 | €405,296 | ▲ 109% |
| Stocks and contracts in progress3 | €165,000 | €165,000 | €405,112 | ▲ 146% |
| Stocks30/36 | €165,000 | €165,000 | €405,112 | ▲ 146% |
| Amounts receivable within one year40/41 | €30,358 | €28,445 | €0 | ▼ 100% |
| Other amounts receivable41 | €30,358 | €28,445 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €3 | €95 | €184 | ▲ 94.4% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €195,361 | €193,540 | €405,296 | ▲ 109% |
| Equity10/15 | -€4,881 | -€7,267 | -€9,035 | ▼ 24.3% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | = |
| Contributions outside capital11 | €10,000 | - | - | - |
| Other1109/19 | €10,000 | - | - | - |
| Profit (loss) carried forward14 | -€14,881 | -€17,267 | -€19,035 | ▼ 10.2% |
| Amounts payable17/49 | €200,241 | €200,806 | €414,331 | ▲ 106% |
| Amounts payable within one year42/48 | €200,241 | €200,806 | €414,331 | ▲ 106% |
| Trade debts44 | €241 | €806 | €128 | ▼ 84.1% |
| Suppliers440/4 | €241 | €806 | €128 | ▼ 84.1% |
| Taxes, remuneration and social security45 | - | - | €1,032 | - |
| Taxes450/3 | - | - | €1,032 | - |
| Other amounts payable47/48 | €200,000 | €200,000 | €413,171 | ▲ 107% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€14,881 | -€2,386 | -€1,769 | ▲ 25.9% |
| Operating cash flow (approximation) | -€14,881 | -€2,386 | -€1,769 | ▲ 25.9% |
| Change in cash | - | €92 | €90 | ▼ 2.9% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,555 companies had the same profile as DOGETHER has now. Two years later, 91.6% were still going and 4.6% had gone bankrupt.
- Micro
- 2 to 5 years old
- negative equity
- a small loss
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DOGETHER itself: 1.3% 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.
| 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 1,555 companies, not a prediction for DOGETHER. 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.
Board & ownership
Directors
Owners and capital
Shareholders
- Tom FOSSAERT 50 shares (50%) · €5,000
- Bob VAN MOL 50 shares (50%) · €5,000
Capital transactions
- 16-02-2023 Incorporation · €10,000 · 100 shares
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Bob VAN MOL |
|
| Tom FOSSAERT |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “2”
Articles of association, deed of 16-02-2023 (in Dutch)
Network & group
DOGETHER shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of DOGETHER. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
16-02
Gazette deed
IncorporationStarting capital €10,000 · Appointments: Tom FOSSAERT (director) and Bob VAN MOL (director) · Founder8 points ▸
- Incorporation, 13-02-2023
- Founder, Tom FOSSAERT
- Founder, Bob VAN MOL
- Founding capital, €10,000
- Bank account, 10000, “vennootschap in oprichting” (deed in Dutch)
- Director appointment, Tom FOSSAERT (director)
- Director appointment, Bob VAN MOL (director)
- Other provision, “Doel bovenop een (on)rechtstreeks vermogensvoordeel aan haar aandeelhouders uit te keren of te bezorgen”, / (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank