DolC
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 01-07-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2025 is a loss of €1,422, after a profit of €2,038 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | - | €530 | - |
| Depreciation and write-downs of the year | - | €22 | €106 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €22 | €106 | ▲ 379% |
| Other operating charges640/8 | €777 | €1,160 | €877 | ▼ 24.4% |
| Gross operating margin9900 | -€3,154 | €3,220 | -€440 | - |
| Operating profit (loss)9901 | -€3,931 | €2,038 | -€1,422 | - |
| Financial income75/76B | €6 | €21 | €203 | ▲ 854% |
| Recurring financial income75 | €6 | €21 | €203 | ▲ 854% |
| Financial charges65/66B | €114 | €135 | €391 | ▲ 189% |
| Recurring financial charges65 | €114 | €135 | €391 | ▲ 189% |
| Profit (loss) for the period before taxes9903 | -€4,039 | €1,924 | -€1,610 | - |
| Income taxes67/77 | - | €80 | €701 | ▲ 778% |
| Profit (loss) for the period9904 | -€4,039 | €1,844 | -€2,311 | - |
| Profit (loss) for the period to be appropriated9905 | -€4,039 | €1,844 | -€2,311 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €1,656 | €6,617 | €2,290 | ▼ 65.4% |
| Fixed assets21/28 | - | €508 | €402 | ▼ 20.9% |
| Tangible fixed assets22/27 | - | €508 | €402 | ▼ 20.9% |
| Plant, machinery and equipment23 | - | €508 | €402 | ▼ 20.9% |
| Current assets29/58 | €1,656 | €6,110 | €1,888 | ▼ 69.1% |
| Amounts receivable within one year40/41 | €472 | €5,195 | - | - |
| Trade receivables40 | - | €5,195 | - | - |
| Other amounts receivable41 | €472 | - | - | - |
| Cash at bank and in hand54/58 | €1,183 | €915 | €1,888 | ▲ 106% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €1,656 | €6,617 | €2,290 | ▼ 65.4% |
| Equity10/15 | €961 | €2,805 | €493 | ▼ 82.4% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | -€4,039 | -€2,195 | -€4,507 | ▼ 105% |
| Amounts payable17/49 | €695 | €3,813 | €1,796 | ▼ 52.9% |
| Amounts payable within one year42/48 | €695 | €3,425 | €1,796 | ▼ 47.6% |
| Trade debts44 | €275 | €2,063 | - | - |
| Suppliers440/4 | €275 | €2,063 | - | - |
| Taxes, remuneration and social security45 | - | €927 | €1,158 | ▲ 24.9% |
| Taxes450/3 | - | €927 | €1,158 | ▲ 24.9% |
| Other amounts payable47/48 | €420 | €435 | €638 | ▲ 46.6% |
| Accrued charges and deferred income492/3 | - | €387 | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,039 | €1,844 | -€2,311 | - |
| + Depreciation and write-downs630 | - | €22 | €106 | ▲ 379% |
| Operating cash flow (approximation) | -€4,039 | €1,866 | -€2,205 | - |
| Investment in fixed assets (approximation) | - | - | €0 | - |
| Change in cash | - | -€269 | €974 | - |
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, 1,207 companies had the same profile as DolC has now. Two years later, 90.1% were still going and 4.6% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DolC itself: 1.4% 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 1,207 companies, not a prediction for DolC. 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.