Active BE 0502.500.679Private limited company

DONY CONCEPT

Avenue Floréal 7 ·1410 Waterloo, Belgium· 13 yrs active

Sector: Business and other management consultancy (70200)

Conclusion Checked

DONY CONCEPT has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €335k and a net result of €109k. Equity is shrinking by ~21.9% per year across the filed fiscal years. Its solvency ranks better than 76% of 12490 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€335k
Net result	€109k
Better than sector	76%
Active	13 yrs

Financial profile 5 of 5 axes measured · computed by Checked

92 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100

Profitability 100

Solvency 100

Growth 58

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.2% Very low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Established

Founded in 2013, 13 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2024 · computed

100 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

€35k

estimate, not credit advice

Score history

55 2022

23 2023

100 2024

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 3.88 (≥ 1.5) +10

Quick ratio Quick ratio 3.88 (≥ 1.0) +5

Leverage Debt/equity 0.30 (< 1.0) +10

Profitability ROE 33% (≥ 10%) +10

Interest coverage Interest coverage 3.8× (≥ 3×) +8

Profit trend Net profit up YoY +5

Equity growth Equity growing YoY +3

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview12 NBB filings

Annual accounts filed on 27-06-2025 with the NBB · fiscal year 2024 · micro schema

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

declining Equity: declining trend of ~21.9%/year over 3 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

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).

Sector comparison

Fiscal year 2024 · NACE 70, Activities of head offices; management consultancy activities · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	77.2%	60.5%	better than 76% of 12490 sector peers
Net result	€109k	€31k	better than 90% of 12492 sector peers
Equity	€335k	€63k	better than 92% of 12498 sector peers
Gross operating margin	€185k	€52k	better than 92% of 12477 sector peers
Total assets	€434k	€124k	better than 86% of 12491 sector peers

EBITDA

€183k

+435.7% 22-24

Net profit

€109k

- 22-24

Cash flow

€110k

- 22-24

Total assets

€434k

-28.3% 22-24

Equity

€335k

+11.8% 22-24

Working capital

€285k

- 22-24

Income taxes

€35k

+2268.7% 22-24

Dividends

€74k

-53.4% 22-24

Debt

€99k

-67.6% 22-24

Debt ≤ 1y

€99k

-61.8% 22-24

Debt > 1y

€8k

-79.6% 22-24

Current ratio

3.88

+555.2% 22-24

Quick ratio

3.88

+555.2% 22-24

Solvency

77.2%

+56.0% 22-24

Debt / equity

0.30

-71.1% 22-24

ROE

32.6%

- 22-24

ROA

25.2%

- 22-24

Interest coverage

3.77

+357.4% 22-24

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2024	2023	2022
Deposit	micro schema	micro schema	micro schema
Revenue	-	-	-
EBITDA	€183k	€34k	€-23k
Net profit	€109k	€-24k	€-45k
Cash flow	€110k	€-7k	€-28k
Staff costs	-	-	-
Income taxes	€35k	€1k	€812
Dividends	€74k	€158k	-
Total assets	€434k	€606k	€651k
Equity	€335k	€300k	€482k
Debt	€99k	€306k	€169k
of which ≤ 1y	€99k	€259k	€73k
of which > 1y	-	€8k	€37k
Working capital	€285k	€-106k	€109k
Employees (FTE)	-	-	-

Ratios (computed)

	2024	2023	2022
Current ratio	3.88	0.59	2.50
Quick ratio	3.88	0.59	2.50
Working capital ratio	65.7%	-17.5%	16.8%
Solvency	77.2%	49.5%	74.0%
Debt / equity	0.30	1.02	0.35
Long-term debt ratio	-	0.03	0.08
Interest coverage	3.77	0.82	-5.26
Gross margin	-	-	-
Net margin	-	-	-
ROA	25.2%	-3.9%	-6.9%
ROE	32.6%	-7.9%	-9.3%
EBITDA margin	-	-	-
Days sales outstanding	-	-	-
Days payable outstanding	-	-	-
Inventory turnover	-	-	-
Days inventory (DSI)	-	-	-

Balance-sheet composition 2024

Assets

Fixed assets €50k · 11.5% Current assets €385k · 88.5%

Equity & liabilities

Equity €335k · 77.2% Debt €99k · 22.8%

Full annual accounts (24 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024	2023	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€434k	€606k	€651k
Fixed assets	21/28	€50k	€452k	€469k
Tangible fixed assets	22/27	€50k	€452k	€469k
Current assets	29/58	€385k	€154k	€182k
Amounts receivable within one year	40/41	€7k	€137k	€71k
Investments	50/53	€360k	-	-
Cash & bank	54/58	€14k	€8k	€104k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€434k	€606k	€651k
Equity	10/15	€335k	€300k	€482k
Contributions / capital	10/11	€8k	€8k	€6k
Reserves	13	€282k	€246k	€407k
Accumulated profits (losses)	14	€45k	€45k	€69k
Amounts payable	17/49	€99k	€306k	€169k
Amounts payable after one year	17	-	€8k	€37k
Amounts payable within one year	42/48	€99k	€259k	€73k
Trade debts payable within one year	44	€1k	€5k	€2k
Income statement
Gross operating margin	9900	€185k	€36k	€-21k
Operating result	9901	€182k	€17k	€-40k
Financial income	75	€11k	€2k	-
Financial charges	65	€49k	€41k	€4k
Result before taxes	9903	€144k	€-22k	€-44k
Income taxes	67/77	€35k	€1k	€812
Net result for the period	9904	€109k	€-24k	€-45k
Result to be appropriated	9905	€109k	€-24k	€-45k

Legal Structure

NACE primary	Business and other management consultancy(70200)
Legal form	Private limited company(610)
Incorporation	08-01-2013
Status	Active
Postal code	1410

Establishment units 1 location

Avenue Floréal 7, 1410 Waterloo

Business consulting

since 20132.216.411.891

Real-estate footprint Source: CBE × cadastre

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
25110B0525/00A000	Wallonia	599 m²	1 · 139 m²	10.2 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

All 13Financial 2Gazette 1Filings 10

2025

27-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Back to profitnet €109k

Net result €109k after 2 loss-making years.

31-12

Financial Liquidity times 7current ratio 3.88

Current ratio from 0.59 to 3.88; short-term debt falls from €259k to €99k.

12-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 12 days late

2023

06-11

State Gazette act Director changes

Alexis Cruysmans

17-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 17 days late

2022

26-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

20-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 20 days late

2020

11-09

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 42 days late

2019

28-06

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

27-07

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

04-07

NBB filing Annual accounts filed

fiscal year 2016 · full schema

2016

04-08

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 4 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 3 acts read

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 2 years ago

2023

06-11-2023 Change in the board of directors Director changes·Alexis Cruysmans

Notary: Alexis Cruysmans · Auderghem

Original publication ↗

Technical details

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  "events": [],
  "notary": {
    "name": "Alexis Cruysmans",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Auderghem",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2023-11-06",
    "filing_date": "2023-11-02",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2023-10-17",
      "unanimous": null
    },
    {
      "body": "algemene_vergadering",
      "date": "2023-10-17",
      "unanimous": true
    },
    {
      "body": "algemene_vergadering",
      "date": "2023-10-17",
      "unanimous": true
    },
    {
      "body": "algemene_vergadering",
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    },
    {
      "body": "algemene_vergadering",
      "date": "2023-10-17",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0502.500.679",
    "name_full": "DONY CONCEPT",
    "legal_form": "SRL"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Alexis Cruysmans",
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Business and other management consultancy70200Business consulting70220

Names & trade names

Legal nameFR

DONY CONCEPT

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