DOKTER ERIC GERMONPRE
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 31-07-2026 at the NBB all 25 filings
Turnover
≈ €300,000
Estimated: probably between €200,000 and €460,000
Total assets
€929,267▲ 7.8%
2024 · €861,686
Net result
€82,986▲ 24.5%
2024 · €66,663
Working capital
€734,013▲ 13.1%
2024 · €648,797
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€86,170
▼ 27.5%
2025
20182025
Net result
€82,986
▲ 24.5%
2025
20182025
Equity
€895,621
▲ 10.2%
2025
20182025
Total assets
€929,267
▲ 7.8%
2025
20182025
Debt
€33,646
▼ 31.4%
2025
20182025
Working capital
€734,013
▲ 13.1%
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€165,267-€130,102▼ 21.3%€84,461▼ 35.1%€88,667▲ 5.0%€30,924▼ 65.1%€21,545▼ 30.3%€118,920▲ 452%€86,170▼ 27.5%
Net result€137,581-€71,838▼ 47.8%€33,075▼ 54.0%€51,919▲ 57.0%€27,850▼ 46.4%€15,296▼ 45.1%€66,663▲ 336%€82,986▲ 24.5%
Equity€545,995-€617,833▲ 13.2%€650,908▲ 5.4%€702,826▲ 8.0%€730,676▲ 4.0%€745,972▲ 2.1%€812,635▲ 8.9%€895,621▲ 10.2%
Total assets€596,824-€742,166▲ 24.4%€775,449▲ 4.5%€790,318▲ 1.9%€789,826▼ 0.1%€777,920▼ 1.5%€861,686▲ 10.8%€929,267▲ 7.8%
Debt€50,829-€124,333▲ 145%€124,541▲ 0.2%€87,492▼ 29.7%€59,150▼ 32.4%€31,948▼ 46.0%€49,051▲ 53.5%€33,646▼ 31.4%
Working capital€324,955-€431,762▲ 32.9%€486,398▲ 12.7%€551,414▲ 13.4%€594,090▲ 7.7%€565,364▼ 4.8%€648,797▲ 14.8%€734,013▲ 13.1%
The operating result for 2025 is 28% lower than in 2024.
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
2025 in colour, 2024 as the grey bar beneath
Assets €929,267
Fixed assets
€161,608 ▼ 1.4%
Current assets
€767,659 ▲ 10.0%
Equity and liabilities €929,267
Equity
€895,621 ▲ 10.2%
Debt
€33,646 ▼ 31.4%
Debt's share of the balance-sheet total falls from 5.7% to 3.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€118,872▼
2024 · €148,165
Cash flow
€115,688▲
2024 · €95,908
Current ratio
22.82▲
2024 · 14.23
Debt to equity
0.04▼
2024 · 0.06
ROE
9.3%▲
2024 · 8.2%
ROA
8.9%▲
2024 · 7.7%
Interest coverage
81.52▲
2024 · 58.82
Debt ≤ 1 year
€33,646▼
2024 · €49,051
Income taxes
€8,623▼
2024 · €54,539
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €13,167 | €10,052 | €81,539 | €12,475 | €30,472 |
| Financial fixed assets | - | - | €510 | - | €0 |
| Depreciation and write-downs of the year | €47,319 | €46,311 | €52,528 | €29,245 | €32,702 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €17,500 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €33,200 | €55,484 | €53,598 | €47,319 | €46,311 | €52,528 | €29,245 | €32,702 | ▲ 11.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | €24,431 | €0 | ▼ 100% |
| Other operating charges640/8 | - | - | - | €1,358 | €1,375 | €691 | €962 | €1,242 | ▲ 29.0% |
| Gross operating margin9900 | €205,387 | €186,563 | €138,960 | €137,344 | €78,610 | €74,763 | €173,559 | €120,114 | ▼ 30.8% |
| Operating profit (loss)9901 | €165,267 | €130,102 | €84,461 | €88,667 | €30,924 | €21,545 | €118,920 | €86,170 | ▼ 27.5% |
| Financial income75/76B | - | - | - | €7 | €468 | €1,751 | €4,801 | €6,897 | ▲ 43.7% |
| Recurring financial income75 | - | €40 | €72 | €7 | €468 | €1,751 | €4,801 | €6,897 | ▲ 43.7% |
| Financial charges65/66B | - | - | - | €3,456 | €2,541 | €2,121 | €2,519 | €1,458 | ▼ 42.1% |
| Recurring financial charges65 | €2,686 | €2,188 | €3,362 | €3,456 | €2,541 | €2,121 | €2,519 | €1,458 | ▼ 42.1% |
| Profit (loss) for the period before taxes9903 | €162,581 | €127,954 | €81,171 | €85,219 | €28,851 | €21,176 | €121,202 | €91,608 | ▼ 24.4% |
| Income taxes67/77 | €25,000 | €56,116 | €48,096 | €33,300 | €1,001 | €5,879 | €54,539 | €8,623 | ▼ 84.2% |
| Profit (loss) for the period9904 | €137,581 | €71,838 | €33,075 | €51,919 | €27,850 | €15,296 | €66,663 | €82,986 | ▲ 24.5% |
| Profit (loss) for the period to be appropriated9905 | €137,581 | €71,838 | €33,075 | €51,919 | €27,850 | €15,296 | €66,663 | €82,986 | ▲ 24.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €596,824 | €742,166 | €775,449 | €790,318 | €789,826 | €777,920 | €861,686 | €929,267 | ▲ 7.8% |
| Fixed assets21/28 | €221,040 | €263,741 | €221,497 | €187,345 | €151,087 | €180,608 | €163,838 | €161,608 | ▼ 1.4% |
| Intangible fixed assets21 | €36,734 | €30,357 | €24,538 | €18,719 | €12,900 | €7,081 | €4,720 | €2,360 | ▼ 50.0% |
| Tangible fixed assets22/27 | €184,306 | €233,384 | €196,959 | €168,627 | €138,187 | €173,017 | €158,607 | €158,738 | ▲ 0.1% |
| Plant, machinery and equipment23 | - | - | - | €14,815 | €13,913 | €28,682 | €16,840 | €20,052 | ▲ 19.1% |
| Furniture and vehicles24 | - | - | - | €55,206 | €24,517 | €44,810 | €37,073 | €25,382 | ▼ 31.5% |
| Other tangible fixed assets26 | - | - | - | €98,605 | €99,757 | €99,526 | €104,694 | €113,304 | ▲ 8.2% |
| Financial fixed assets28 | - | - | - | - | - | €510 | €510 | €510 | = |
| Current assets29/58 | €375,784 | €478,425 | €553,952 | €602,973 | €638,740 | €597,312 | €697,848 | €767,659 | ▲ 10.0% |
| Amounts receivable within one year40/41 | €208,072 | €155,979 | €176,096 | €176,728 | €32,678 | €213,073 | €246,781 | €318,628 | ▲ 29.1% |
| Other amounts receivable41 | - | - | - | €176,728 | €32,678 | €213,073 | €246,781 | €318,628 | ▲ 29.1% |
| Current investments50/53 | - | - | - | - | - | €158,937 | €350,679 | €391,431 | ▲ 11.6% |
| Cash at bank and in hand54/58 | €57,880 | €190,619 | €266,164 | €314,508 | €403,523 | €222,297 | €98,148 | €55,205 | ▼ 43.8% |
| Deferred charges and accrued income490/1 | - | - | - | €111,737 | €202,538 | €3,005 | €2,240 | €2,396 | ▲ 6.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €596,824 | €742,166 | €775,449 | €790,318 | €789,826 | €777,920 | €861,686 | €929,267 | ▲ 7.8% |
| Equity10/15 | €545,995 | €617,833 | €650,908 | €702,826 | €730,676 | €745,972 | €812,635 | €895,621 | ▲ 10.2% |
| Contributions10/11 | €288,592 | €288,592 | - | €288,592 | €288,592 | €288,592 | €288,592 | €288,592 | = |
| Reserves13 | €286,132 | €286,132 | €316,132 | €366,132 | €391,132 | €406,132 | €456,132 | €536,132 | ▲ 17.5% |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | - | - | - | €364,273 | €389,273 | €404,273 | €454,273 | €534,273 | ▲ 17.6% |
| Profit (loss) carried forward14 | -€28,729 | €43,109 | €46,184 | €48,103 | €50,952 | €51,248 | €67,911 | €70,897 | ▲ 4.4% |
| Amounts payable17/49 | €50,829 | €124,333 | €124,541 | €87,492 | €59,150 | €31,948 | €49,051 | €33,646 | ▼ 31.4% |
| Amounts payable after more than one year17 | - | €77,670 | €56,987 | €35,933 | €14,501 | €0 | - | - | - |
| Financial debts170/4 | - | - | - | €35,933 | €14,501 | €0 | - | - | - |
| Amounts payable within one year42/48 | €50,829 | €46,663 | €67,554 | €51,559 | €44,649 | €31,948 | €49,051 | €33,646 | ▼ 31.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €29,896 | €29,806 | €22,963 | €6,764 | €6,730 | ▼ 0.5% |
| Trade debts44 | €18,143 | €17,970 | €16,857 | €16,662 | €7,343 | €7,485 | €9,987 | €8,062 | ▼ 19.3% |
| Suppliers440/4 | - | - | - | €16,662 | €7,343 | €7,485 | €9,987 | €8,062 | ▼ 19.3% |
| Taxes, remuneration and social security45 | - | - | - | €5,000 | €7,500 | €1,500 | €32,300 | €18,854 | ▼ 41.6% |
| Taxes450/3 | - | - | - | €5,000 | €7,500 | €1,500 | €32,300 | €18,854 | ▼ 41.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €137,581 | €71,838 | €33,075 | €51,919 | €27,850 | €15,296 | €66,663 | €82,986 | ▲ 24.5% |
| + Depreciation and write-downs630 | €33,200 | €55,484 | €53,598 | €47,319 | €46,311 | €52,528 | €29,245 | €32,702 | ▲ 11.8% |
| Operating cash flow (approximation) | €170,781 | €127,322 | €86,673 | €99,238 | €74,160 | €67,824 | €95,908 | €115,688 | ▲ 20.6% |
| Investment in fixed assets (approximation) | - | -€98,185 | -€11,354 | -€13,168 | -€10,052 | -€82,049 | -€12,475 | -€30,472 | ▼ 144% |
| Change in cash | - | €132,739 | €75,545 | €48,344 | €89,015 | -€181,226 | -€124,149 | -€42,943 | ▲ 65.4% |
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, 20,136 companies had the same profile as DOKTER ERIC GERMONPRE has now. Two years later, 95.0% were still going and 0.2% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.0%
was still going
4.7%
stopped otherwise
0.2%
went bankrupt
That fits the bankruptcy probability of DOKTER ERIC GERMONPRE itself: < 0.1% 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 20,136 companies, not a prediction for DOKTER ERIC GERMONPRE. 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.
Latest 10 of 25 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-07-2026 | 2026-00371395 | |
| 31-12-2024 | micro format | 27-08-2025 | 2025-00412396 | |
| 31-12-2023 | micro format | 31-07-2024 | 2024-00311779 | |
| 31-12-2022 | micro format | 25-07-2023 | 2023-00289498 | |
| 31-12-2021 | micro format | 01-08-2022 | 2022-20254885 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-62800360 | |
| 31-12-2019 | micro format | 02-11-2020 | 2020-67100555 | |
| 31-12-2018 | micro format | 29-08-2019 | 2019-60300304 | |
| 31-12-2016 | micro format | 18-07-2017 | 2017-32900370 | |
| 31-12-2015 | abbreviated format | 30-07-2016 | 2016-38400267 |