Doma Projects
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 31-07-2026 at the NBB all 8 filings
Every figure per financial year
The operating result for 2025 is 53% lower than in 2024. It is the second fall in a row.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €679,096 | €484,662 | - | - | €13,340 |
| Depreciation and write-downs of the year | €100,563 | €117,834 | €125,031 | €125,031 | €126,456 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €78,168 | €96,458 | €61,478 | €100,563 | €117,834 | €125,031 | €125,031 | €126,456 | ▲ 1.1% |
| Other operating charges640/8 | - | - | - | €4,564 | €4,582 | €7,604 | €18,609 | €19,255 | ▲ 3.5% |
| Gross operating margin9900 | -€21,872 | €16,869 | €57,561 | €64,555 | €103,118 | €152,471 | €160,427 | €153,526 | ▼ 4.3% |
| Operating profit (loss)9901 | -€101,270 | -€79,937 | -€9,410 | -€40,572 | -€19,298 | €19,836 | €16,788 | €7,814 | ▼ 53.5% |
| Recurring financial income75 | €0 | €0 | - | - | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €86,343 | €101,509 | €101,509 | €101,802 | €101,539 | ▼ 0.3% |
| Recurring financial charges65 | €22,178 | €40,610 | €55,230 | €86,343 | €101,509 | €101,509 | €101,802 | €101,539 | ▼ 0.3% |
| Profit (loss) for the period before taxes9903 | -€123,448 | -€120,547 | -€64,640 | -€126,915 | -€120,807 | -€81,673 | -€85,014 | -€93,725 | ▼ 10.2% |
| Profit (loss) for the period9904 | -€123,448 | -€120,547 | -€64,640 | -€126,915 | -€120,807 | -€81,673 | -€85,014 | -€93,725 | ▼ 10.2% |
| Profit (loss) for the period to be appropriated9905 | -€123,448 | -€120,547 | -€64,640 | -€126,915 | -€120,807 | -€81,673 | -€85,014 | -€93,725 | ▼ 10.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €3.9m | €3.8m | €5.8m | €6.6m | €6.5m | €6.4m | €6.3m | €6.2m | ▼ 1.5% |
| Fixed assets21/28 | €2.3m | €2.4m | €3.8m | €4.4m | €4.7m | €4.6m | €4.5m | €4.4m | ▼ 2.5% |
| Tangible fixed assets22/27 | €2.3m | €2.4m | €3.8m | €4.4m | €4.7m | €4.6m | €4.5m | €4.4m | ▼ 2.5% |
| Land and buildings22 | - | - | - | €4.4m | €4.7m | €4.6m | €4.5m | €4.4m | ▼ 2.5% |
| Current assets29/58 | €1.6m | €1.4m | €2.0m | €2.2m | €1.7m | €1.7m | €1.8m | €1.8m | ▲ 1.1% |
| Amounts receivable within one year40/41 | €1.2m | €1.2m | €1.9m | €1.8m | €1.7m | €1.7m | €1.7m | €1.6m | ▼ 8.6% |
| Trade receivables40 | - | - | - | - | - | - | €0.003m | €0.06m | ▲ 21× |
| Other amounts receivable41 | - | - | - | €1.8m | €1.7m | €1.7m | €1.7m | €1.5m | ▼ 11.7% |
| Cash at bank and in hand54/58 | €0.4m | €0.2m | €0.08m | €0.4m | €0.007m | €0.03m | €0.08m | €0.2m | ▲ 222% |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | ▲ 2.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €3.9m | €3.8m | €5.8m | €6.6m | €6.5m | €6.4m | €6.3m | €6.2m | ▼ 1.5% |
| Equity10/15 | €2.9m | €2.8m | €4.2m | €4.1m | €3.9m | €3.9m | €3.8m | €3.7m | ▼ 2.5% |
| Contributions10/11 | €3.0m | €3.0m | - | €4.5m | €4.5m | €4.5m | €4.5m | €4.5m | = |
| Profit (loss) carried forward14 | -€0.1m | -€0.2m | -€0.3m | -€0.4m | -€0.6m | -€0.6m | -€0.7m | -€0.8m | ▼ 13.0% |
| Amounts payable17/49 | €1.0m | €1.0m | €1.6m | €2.5m | €2.5m | €2.5m | €2.5m | €2.5m | = |
| Amounts payable after more than one year17 | €1.0m | €1.0m | €1.5m | €2.5m | €2.5m | €2.5m | €2.5m | €2.5m | = |
| Financial debts170/4 | - | - | - | €2.5m | €2.5m | €2.5m | €2.5m | €2.5m | = |
| Amounts payable within one year42/48 | €454 | €0.001m | €0.1m | €0.001m | €0.02m | €0.001m | €0.003m | €0.001m | ▼ 78.2% |
| Trade debts44 | €454 | €0.001m | €0.1m | €0.001m | €0.001m | €0.001m | €0.003m | €0.001m | ▼ 78.4% |
| Suppliers440/4 | - | - | - | €0.001m | €0.001m | €0.001m | €0.003m | €0.001m | ▼ 78.4% |
| Other amounts payable47/48 | - | - | - | - | €0.02m | - | €5 | €10 | ▲ 100% |
| Accrued charges and deferred income492/3 | - | - | - | €0.003m | €0.003m | €0.003m | €0.005m | €0.008m | ▲ 51.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.1m | -€0.1m | -€0.06m | -€0.1m | -€0.1m | -€0.08m | -€0.09m | -€0.09m | ▼ 10.2% |
| + Depreciation and write-downs630 | €0.08m | €0.1m | €0.06m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 1.1% |
| Operating cash flow (approximation) | -€0.05m | -€0.02m | -€0.003m | -€0.03m | -€0.003m | €0.04m | €0.04m | €0.03m | ▼ 18.2% |
| Investment in fixed assets (approximation) | - | -€0.2m | -€1.5m | -€0.7m | -€0.5m | €0 | €0 | -€0.01m | - |
| Change in cash | - | -€0.2m | -€0.1m | €0.3m | -€0.4m | €0.03m | €0.04m | €0.2m | ▲ 295% |
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, 119 companies had the same profile as Doma Projects has now. Two years later, 95.8% were still going and 0.0% had gone bankrupt.
- Medium-sized
- 5 to 10 years old
- solvency 30% or more
- a small loss
That fits the bankruptcy probability of Doma Projects 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 119 companies, not a prediction for Doma Projects. 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.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-07-2026 | 2026-00364395 | |
| 31-12-2024 | abbreviated format | 08-07-2025 | 2025-00243050 | |
| 31-12-2023 | abbreviated format | 22-07-2024 | 2024-00268310 | |
| 31-12-2022 | abbreviated format | 31-07-2023 | 2023-00292617 | |
| 31-12-2021 | abbreviated format | 25-07-2022 | 2022-20216967 | |
| 31-12-2020 | abbreviated format | 27-07-2021 | 2021-40100446 | |
| 31-12-2019 | abbreviated format | 29-07-2020 | 2020-35200046 | |
| 31-12-2018 | micro format | 30-07-2019 | 2019-39700515 |