DONAN
ActiveSummary
DONAN has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €380,912 and a net result of €15,557. Equity has been growing by about 3.5% per year since 2018. Its solvency ranks better than 95% of 17,149 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 22-02-1991 Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housing NACE 68201and 1 other
- Establishment unit
- 2.052.316.892 8970 Poperinge, since 10-04-1991
- Financial year end
- 31 December
- Peppol
- Reachable since 15-05-2025
Board and ownership
- IN DE VETTE OSManaging director · permanent representative BONDUE Dominique
- BONDUE EllenDirector · since 04-04-2023
- BONDUE GlennDirector · since 04-04-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €64,275
- ▲ 2.7%
- Turnover
- ≈ €83,000
- estimated
- Profit
- €15,557
- ▲ 18.5%
- Equity
- €380,912
- ▲ 4.3%
- Total assets
- €387,307
- ▲ 0.9%
Score breakdownlowers riskEquity €380,912 (98.3% of total assets)Founded in 1991Figures for financial year 2025 (filed on 09-06-2026)Legal form: public limited companyShow the evidence
Checked score
Fewer than 1 in 1,000 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 91% of them on solvency, 74% on liquidity, 67% on profitability and 57% 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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Signals
The company filed its last 7 accounts on average 43 days before 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 08-06-2026 PDF all 35 filings
Every figure per financial year
The operating result for 2025 is 7% higher than in 2024 and the highest since 2021. It is the third rise in a row, after the fall in 2022.
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.
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €110,909 | €72,728 | €34,546 | - | - |
| Mortgages, amount registered | €27,500 | €27,500 | €27,500 | - | - |
| Mortgage mandates | €577,500 | €577,500 | €577,500 | - | - |
| Carrying value of the mortgaged assets | €485,088 | €449,653 | €414,218 | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24,821 | €33,133 | €34,026 | €35,435 | €35,435 | €35,435 | €35,435 | €35,435 | = |
| Other operating charges640/8 | - | - | - | €4,624 | €4,738 | €5,186 | €5,399 | €5,566 | ▲ 3.1% |
| Gross operating margin9900 | €38,210 | €84,048 | €42,555 | €63,176 | €54,025 | €58,063 | €62,604 | €64,275 | ▲ 2.7% |
| Operating profit (loss)9901 | €9,039 | €46,477 | €3,989 | €23,118 | €13,853 | €17,442 | €21,770 | €23,274 | ▲ 6.9% |
| Financial income75/76B | - | - | - | €0 | - | - | - | €35 | - |
| Recurring financial income75 | €40 | €0 | €730 | €0 | - | - | - | €35 | - |
| Financial charges65/66B | - | - | - | €4,926 | €4,222 | €4,978 | €2,079 | €51 | ▼ 97.5% |
| Recurring financial charges65 | €3,892 | €4,060 | €5,199 | €4,926 | €4,222 | €4,978 | €2,079 | €51 | ▼ 97.5% |
| Profit (loss) for the period before taxes9903 | €5,187 | €42,417 | -€479 | €18,192 | €9,631 | €12,464 | €19,691 | €23,258 | ▲ 18.1% |
| Transfer from deferred taxes780 | - | - | - | €1,101 | €1,101 | €1,101 | €1,101 | €1,101 | = |
| Income taxes67/77 | - | - | - | €1,048 | €3,596 | €5,478 | €7,666 | €8,801 | ▲ 14.8% |
| Profit (loss) for the period9904 | €5,187 | €30,697 | €2,437 | €18,245 | €7,135 | €8,087 | €13,126 | €15,557 | ▲ 18.5% |
| Transfer from tax-exempt reserves789 | - | - | - | €3,302 | €3,302 | €3,302 | €3,302 | €3,302 | = |
| Transfer to tax-exempt reserves689 | - | - | - | €0 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €5,187 | €2,796 | €3,924 | €21,546 | €10,437 | €11,388 | €16,427 | €18,859 | ▲ 14.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €527,206 | €600,264 | €613,655 | €568,551 | €528,214 | €467,209 | €383,784 | €387,307 | ▲ 0.9% |
| Fixed assets21/28 | €478,643 | €531,533 | €520,523 | €485,088 | €449,653 | €414,218 | €378,783 | €343,348 | ▼ 9.4% |
| Tangible fixed assets22/27 | €478,643 | €531,533 | €520,523 | €485,088 | €449,653 | €414,218 | €378,783 | €343,348 | ▼ 9.4% |
| Land and buildings22 | - | - | - | €485,088 | €449,653 | €414,218 | €378,783 | €343,348 | ▼ 9.4% |
| Current assets29/58 | €48,562 | €68,731 | €93,132 | €83,463 | €78,561 | €52,991 | €5,001 | €43,959 | ▲ 779% |
| Amounts receivable within one year40/41 | €975 | €11,000 | €890 | €1,789 | €964 | €0 | - | €5,948 | - |
| Trade receivables40 | - | - | - | €1,758 | €964 | €0 | - | - | - |
| Other amounts receivable41 | - | - | - | €32 | €0 | - | - | €5,948 | - |
| Cash at bank and in hand54/58 | €46,176 | €55,453 | €89,940 | €79,395 | €76,634 | €51,968 | €3,951 | €37,182 | ▲ 841% |
| Deferred charges and accrued income490/1 | - | - | - | €2,279 | €964 | €1,022 | €1,050 | €830 | ▼ 21.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €527,206 | €600,264 | €613,655 | €568,551 | €528,214 | €467,209 | €383,784 | €387,307 | ▲ 0.9% |
| Equity10/15 | €285,629 | €316,326 | €318,763 | €337,007 | €344,143 | €352,229 | €365,355 | €380,912 | ▲ 4.3% |
| Contributions10/11 | €72,000 | €72,000 | €72,000 | €72,000 | €72,000 | €72,000 | €72,000 | €72,000 | = |
| Capital10 | - | - | - | €72,000 | €72,000 | €72,000 | €72,000 | €72,000 | = |
| Issued capital100 | - | - | - | €72,000 | €72,000 | €72,000 | €72,000 | €72,000 | = |
| Reserves13 | €148,018 | €175,919 | €174,432 | €171,130 | €167,829 | €175,915 | €189,041 | €204,598 | ▲ 8.2% |
| Non-distributable reserves130/1 | - | - | - | €7,200 | €7,200 | €7,200 | €7,200 | €7,200 | = |
| Legal reserve130 | - | - | - | €7,200 | €7,200 | €7,200 | €7,200 | €7,200 | = |
| Tax-exempt reserves132 | - | - | - | €64,498 | €61,196 | €57,895 | €54,593 | €51,291 | ▼ 6.0% |
| Distributable reserves133 | - | - | - | €99,432 | €99,432 | €110,821 | €127,248 | €146,107 | ▲ 14.8% |
| Profit (loss) carried forward14 | €65,611 | €68,407 | €72,331 | €93,877 | €104,314 | €104,314 | €104,314 | €104,314 | = |
| Provisions and deferred taxes16 | - | €11,720 | €8,805 | €7,704 | €6,603 | €5,503 | €4,402 | €3,302 | ▼ 25.0% |
| Deferred taxes168 | - | - | - | €7,704 | €6,603 | €5,503 | €4,402 | €3,302 | ▼ 25.0% |
| Amounts payable17/49 | €241,577 | €272,218 | €286,087 | €223,839 | €177,468 | €109,477 | €14,027 | €3,093 | ▼ 77.9% |
| Amounts payable after more than one year17 | €168,182 | €130,000 | €110,909 | €72,728 | €34,546 | €0 | - | - | - |
| Financial debts170/4 | - | - | - | €72,728 | €34,546 | €0 | - | - | - |
| Amounts payable within one year42/48 | €73,395 | €142,218 | €174,288 | €150,244 | €141,959 | €108,454 | €12,977 | €2,264 | ▼ 82.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €38,182 | €38,182 | €34,546 | €0 | - | - |
| Trade debts44 | €6,465 | €11,958 | €39 | €253 | €155 | €5,018 | €118 | €463 | ▲ 292% |
| Suppliers440/4 | - | - | - | €253 | €155 | €5,018 | €118 | €463 | ▲ 292% |
| Taxes, remuneration and social security45 | - | - | - | €1,048 | €1,644 | €1,878 | €1,166 | €1,801 | ▲ 54.4% |
| Taxes450/3 | - | - | - | €1,048 | €1,644 | €1,878 | €1,166 | €1,801 | ▲ 54.4% |
| Other amounts payable47/48 | - | - | - | €110,762 | €101,979 | €67,013 | €11,693 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | - | €868 | €964 | €1,022 | €1,050 | €830 | ▼ 21.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,187 | €30,697 | €2,437 | €18,245 | €7,135 | €8,087 | €13,126 | €15,557 | ▲ 18.5% |
| + Depreciation and write-downs630 | €24,821 | €33,133 | €34,026 | €35,435 | €35,435 | €35,435 | €35,435 | €35,435 | = |
| Operating cash flow (approximation) | €30,008 | €63,831 | €36,463 | €53,679 | €42,570 | €43,521 | €48,561 | €50,992 | ▲ 5.0% |
| Investment in fixed assets (approximation) | - | -€86,023 | -€23,015 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €9,277 | €34,487 | -€10,546 | -€2,760 | -€24,666 | -€48,017 | €33,230 | - |
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, 17,041 companies had the same profile as DONAN has now. Two years later, 94.3% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DONAN 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 17,041 companies, not a prediction for DONAN. 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 35 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 08-06-2026 | 2026-00144495 | |
| 31-12-2024 | micro format | 10-06-2025 | 2025-00129368 | |
| 31-12-2023 | abbreviated format | 05-06-2024 | 2024-00111635 | |
| 31-12-2022 | abbreviated format | 06-06-2023 | 2023-00109204 | |
| 31-12-2021 | abbreviated format | 22-07-2022 | 2022-20212914 | |
| 31-12-2020 | abbreviated format | 25-06-2021 | 2021-24600199 | |
| 31-12-2019 | abbreviated format | 19-06-2020 | 2020-18300319 | |
| 31-12-2018 | abbreviated format | 28-05-2019 | 2019-14900361 | |
| 31-12-2017 | abbreviated format | 14-06-2018 | 2018-19100326 | |
| 31-12-2016 | micro format | 29-05-2017 | 2017-13700332 |
Board & ownership
Directors
Board 4
Day-to-day management 1
Permanent representatives 1
Owners and capital
Capital transactions
- 13-04-2023 Capital stated in the deed · €72,000 · 2,500 shares
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| BONDUE Ellen |
|
| BONDUE Glenn |
|
| IN DE VETTE OS |
|
| PYCK Nancy |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “3, artikel 2:55 WVV”“Onbezoldigd,tenzij algemene vergadering anders beslist”
Articles of association, deed of 13-04-2023 (in Dutch)
Network & group
Companies at the same address
2 other companiesConnections & network
4 current directorsThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Timeline
Acts, filings and financial milestones
13-04
Gazette deed
5 reappointedReappointments: IN DE VETTE OS, PYCK Nancy and 2 others · Permanent representative: BONDUE Dominique · Amendment of the articles12 points ▸
- General meeting, “buitengewone, buitengewone algemene vergadering van de aandeelhouders” (deed in Dutch)
- Other provision, 01-01-2020, “onderwerping aan Wetboek van Vennootschappen en Verenigingen” (deed in Dutch)
- Amendment of the articles, mentioned 2 times in the deed
- Capital, €72,000
- Director reappointment, IN DE VETTE OS (director)
- Permanent representative, BONDUE Dominique
- Director reappointment, PYCK Nancy (director)
- Director reappointment, BONDUE Glenn (director)
- Director reappointment, BONDUE Ellen (director)
- Board meeting, “benoeming gedelegeerd bestuurder, eenparigheid” (deed in Dutch)
- Director reappointment, IN DE VETTE OS (managing director)
- Permanent representative, BONDUE Dominique (vast vertegenwoordiger als gedelegeerd bestuurder)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
18 activities
- Alle activiteiten voor wat betreft hotel,motel en pensions.
- Alle activiteiten voor wat betreft restaurant,feestzaal en drankgelegenheid.
- Alle activiteiten voor wat betreft traiteurdienst voor bedrijven en particulieren.
- Het voorwerp mag verwezenlijkt worden hetzij rechtstreeks,hetzij onrechtstreeks,bij middel van versmelting,afstand,deelneming,of financiële tussenkomst in andere soortgelijke ondernemingen op gelijk welke wijze.
- Het verlenen van administratief financieel en managementadvies betreffende het bestuur van diverse ondernemingen in de meest ruime zin van het woord.
- Het bestuur waarnemen van andere vennootschappen of ondernemingen en daarvoor vergoedingen ontvangen.
- Het beheren van een onroerend patrimonium en het valoriseren van dit patrimonium door het stellen van alle bestuursdaden ondermeer aankoop,verkoop,verhuren,in huur nemen,ruilen,oprichting,laten uitvoeren van bouwwerken,het leasen of in leasing geven van onroerende goederen,dit alles in de ruime zin.
- Het beheer,verwerven,de aan-en verkoop,het huren en verhuren,de commissiehandel en vertegenwoordiging,de instandhouding en valorisatie van roerende goederen,de huurfinanciering,het leasen en in leasing geven van roerende goederen aan derden,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende goederen te bevorderen,zoals het onderhoud,de ontwikkeling,de verfraaiing en de verhuring van deze goederen.
- Het beheren van bedrijfsruimten en het valoriseren ervan door het opstellen van alle bestuursdaden ondermeer,oprichting,aankoop,verkoop,ruilen,laten uitvoeren van bouwwerken en het ter beschikking stellen ervan,dit alles in de ruimste zin.
- Het beheren van een roerend patrimonium inzonderheid van het verwerven en verhandelen van effecten,de participatie in andere vennootschappen en/of ondernemingen.
- De vennootschap mag zich borgstellen of zakelijke zekerheden verstrekken ten voordele van derden of ondernemingen of vennootschappen waarin zij belangen bezit als mede-eigenaar,vennoot,schuldeiser of op andere wijze.
- Zij mag op welke wijze ook betrokken zijn in zaken,ondernemingen of vennootschappen die hetzelfde,een soortgelijk,een gelijkaardig of samenhangend voorwerp hebben of die de ontwikkeling van haar onderneming kunnen bevorderen.
- Het verhuren van rollend materieel en installaties.
- De vennootschap zal alle handelingen mogen verrichten,die in rechtstreeks verband staan met haar voorwerp,of die van aard zijn de verwezenlijking ervan te bevorderen.
- Daarenboven belangen nemen,hetzij door deelneming,inbreng of elke andere wijze in alle vennootschappen,ondernemingen of groeperingen,bestaande of op te richten,zowel in België als in het buitenland,die een aanvullend of soortgelijk voorwerp nastreven,of die van aard zijn de ontwikkeling van haar onderneming te bevorderen.
- Zij kan optreden als bestuurder of vereffenaar in andere vennootschappen.
- Zij kan zich borg stellen voor derden,bestuurders en aandeelhouders.
- Zij kan hen eveneens leningen,voorschotten en kredieten toestaan,behoudens de wettelijke beperkingen ter zake.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 33021F0248/00G000 | Flanders | 604 m² | 1 · 368 m² | 13.2 m · 2 |