Donkey Republic Belgium
The computed 12-month bankruptcy probability of Donkey Republic Belgium is 2.7% (moderate). The 2025 annual accounts show equity of €293k and a net result of €97k. Equity is growing by ~44% per year across the filed fiscal years. Its solvency ranks better than 57% of 47 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €293k |
| Net result | €97k |
| Staff (FTE) | 37.5 |
| Better than sector | 57% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 32.5% | 28.6% | |
| Net result | €97k | €25k | |
| Equity | €293k | €152k | |
| Gross operating margin | €2.68M | €140k | |
| Total assets | €900k | €645k |
Show 11 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €194k |
| Net profit | €97k |
| Cash flow | €137k |
| Staff costs | €2.49M |
| Income taxes | €50k |
| Dividends | - |
| Total assets | €900k |
| Equity | €293k |
| Debt | €607k |
| of which ≤ 1y | €520k |
| of which > 1y | €30k |
| Working capital | €137k |
| Employees (FTE) | 37.5 |
| 2025 | |
|---|---|
| Current ratio | 1.26 |
| Quick ratio | 1.26 |
| Working capital ratio | 15.2% |
| Solvency | 32.5% |
| Debt / equity | 2.07 |
| Long-term debt ratio | 0.10 |
| Interest coverage | 29.75 |
| Gross margin | - |
| Net margin | - |
| ROA | 10.8% |
| ROE | 33.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €900k |
| Fixed assets | 21/28 | €242k |
| Tangible fixed assets | 22/27 | €221k |
| Financial fixed assets | 28 | €22k |
| Current assets | 29/58 | €657k |
| Amounts receivable within one year | 40/41 | €218k |
| Cash & bank | 54/58 | €400k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €900k |
| Equity | 10/15 | €293k |
| Contributions / capital | 10/11 | €40k |
| Accumulated profits (losses) | 14 | €253k |
| Amounts payable | 17/49 | €607k |
| Amounts payable after one year | 17 | €30k |
| Amounts payable within one year | 42/48 | €520k |
| Trade debts payable within one year | 44 | €67k |
| Income statement | ||
| Gross operating margin | 9900 | €2.68M |
| Operating result | 9901 | €154k |
| Financial income | 75 | €21 |
| Financial charges | 65 | €7k |
| Result before taxes | 9903 | €147k |
| Income taxes | 67/77 | €50k |
| Net result for the period | 9904 | €97k |
| Result to be appropriated | 9905 | €97k |
-
Current13-01-2026 → present
-
Current13-01-2026 → present
-
Current13-01-2026 → present
Former directors (3)
-
Former- → 31-01-2026
-
Former01-06-2023 → 01-11-2025
2 events
- 01-11-2025 Resigned· Niet statutaire bestuurder
- 01-06-2023 Appointed· Director
-
Former- → 01-06-2023
| NACE primary | Verhuur en lease van sport- en recreatieartikelen(77210) |
| Legal form | Private limited company(610) |
| Incorporation | 18-02-2022 |
| Status | Active |
| Postal code | 2030 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12402A0089/00C000 | Flanders | 1.2 ha | 1 · 3,021 m² | 7.3 m · 2 fl. |
| 11807G2128/00K002 | Flanders | 1,937 m² | 1 · 1,736 m² | 15.9 m · 2 fl. |
| 44806F0400/00V004 | Flanders | 95 m² | 1 · 45 m² | 11.6 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
25-03-2026 General meeting · Officer appointment · Mandate compensation · Officer resignation
- Publication: 25/03/2026 · Donkey Republic Belgium
- Filing: 17/03/2026 · Donkey Republic Belgium
- General meeting: 13/01/2026 · Donkey Republic Belgium
- Officer appointment: role: niet-statutaire bestuurder, term: onbepaalde duur, start_date: 2026-01-13 · Thor Möger
- Mandate compensation: onbezoldigd · Thor Möger
- Officer appointment: role: niet-statutaire bestuurder, term: onbepaalde duur, start_date: 2026-01-13 · Arnaud Renoy
- Mandate compensation: onbezoldigd · Arnaud Renoy
- Officer resignation: role: niet-statutaire bestuurder, end_date: 2026-01-31 · Christian Dufft
- Officer discharge · Christian Dufft
- Officer appointment: role: niet-statutaire bestuurder, term: onbepaalde duur, start_date: 2026-01-13 · Signe Storgaard
- Mandate compensation: onbezoldigd · Signe Storgaard
- Officer resignation: role: niet-statutaire bestuurder, end_date: 2025-11-01 · Niels Henrik Rasmussen
- Officer discharge · Niels Henrik Rasmussen
- Power of attorney: term: onbepaalde tijd, scope: publicatie van zijn ontslag in het Belgisch Staatsblad en de Kruispuntbank van Ondernemingen · Christian Dufft
- Power of attorney: term: onbepaalde tijd, scope: publicatie van zijn ontslag in het Belgisch Staatsblad en de Kruispuntbank van Ondernemingen · Niels Henrik Rasmussen
Technical details
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}18-09-2025 Registered office moved within Antwerpen
- Noorderlaan 79, 2030 Antwerpen → Noorderlaan 31, 2030 Antwerpen
Technical details
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}10-06-2024 1 director appointed, 1 resigning
- Niels Henrik Rasmussen, Bestuurder
- Erdem Ovacik, Bestuurder
Technical details
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}02-03-2023 Registered office moved from Berchem to Antwerpen
- Posthofbrug 6, 2600 Berchem → Noorderlaan 79, 2030 Antwerpen
Technical details
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}22-02-2022 Incorporation of a new BV
Technical details
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}| Legal nameNL | Donkey Republic Belgium |