Dor Nicolas Entreprise
ActiveSummary
Dor Nicolas Entreprise has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €455k and a net result of €62k. Equity is growing by ~17.5% per year across the filed fiscal years. Its solvency ranks better than 36% of 7777 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▼-1
Solvency58▼-13
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.99 against 1.3 in 2024; short-term debt: 22.6% and cash: 4.8% of total assets), and 67% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
33%
Return on assets
4.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
10 d late
2024
21 d late
2023
29 d late
2022
32 d early
2021
13 d early
2020
30 d early
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€480k
EBIT margin
2.7%
Net result
€62k▲ 46.7%
2024 · €42k
2018: €9k
2019: €47k
2020: €76k
2021: €20k
2022: €149k
2023: €51k
2024: €42k
2018 → 2025
Working capital
€-3k
2024 · €90k
2018: €-4k
2019: €85k
2020: €68k
2021: €91k
2022: €97k
2023: €124k
2024: €90k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€224k-€373k▲ 66.5%€411k▲ 10.3%€419k▲ 1.9%€455k▲ 8.5%
Operating result€36k-€186k▲ 412%€82k▼ 55.7%€70k▼ 14.9%€99k▲ 40.6%
Net result€20k-€149k▲ 642%€51k▼ 65.4%€42k▼ 17.5%€62k▲ 46.7%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 41% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.38M
Fixed assets
€1.07M ▲ 105%
Current assets
€309k ▼ 19.9%
Equity and liabilities €1.38M
Equity
€455k ▲ 8.5%
Debt
€922k ▲ 89.3%
Debt's share of the balance-sheet total rises from 53.8% to 67.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€294k▲
2024 · €281k
Cash flow
€258k▲
2024 · €253k
Current ratio
0.99▼
2024 · 1.30
Quick ratio
0.86▼
2024 · 1.13
Debt to equity
2.03▲
2024 · 1.16
ROE
13.7%▲
2024 · 10.1%
ROA
4.5%▼
2024 · 4.7%
Interest coverage
10.85▼
2024 · 17.76
Debt ≤ 1 year
€312k▲
2024 · €296k
Debt > 1 year
€557k▲
2024 · €189k
Income taxes
€9k▼
2024 · €12k
Staff costs
€137k▲
2024 · €113k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€906k€1.38M▲
Fixed assets21/28€520k€1.07M▲
Tangible fixed assets22/27€517k€1.06M▲
Land and buildings22-€309k
Plant, machinery and equipment23€65k€84k▲
Furniture and vehicles24€90k€132k▲
Leasing and similar rights25€355k€534k▲
Other tangible fixed assets26€7k€6k▼
Financial fixed assets28€2k€2k=
Current assets29/58€386k€309k▼
Stocks and contracts in progress3€52k€41k▼
Stocks30/36€52k€41k▼
Amounts receivable within one year40/41€161k€182k▲
Trade receivables40€116k€103k▼
Other amounts receivable41€46k€79k▲
Cash at bank and in hand54/58€156k€66k▼
Deferred charges and accrued income490/1€16k€20k▲
Equity and liabilities
Total equity and liabilities10/49€906k€1.38M▲
Equity10/15€419k€455k▲
Reserves13€140k€140k=
Distributable reserves133€140k€140k=
Profit (loss) carried forward14€279k€315k▲
Amounts payable17/49€487k€922k▲
Amounts payable after more than one year17€189k€557k▲
Financial debts170/4€189k€557k▲
Amounts payable within one year42/48€296k€312k▲
Current portion of amounts payable after more than one year42€113k€154k▲
Trade debts44€148k€87k▼
Suppliers440/4€148k€87k▼
Taxes, remuneration and social security45€28k€39k▲
Taxes450/3€21k€33k▲
Remuneration and social security454/9€7k€7k▼
Other amounts payable47/48€6k€31k▲
Accrued charges and deferred income492/3€2k€53k▲
Income statement
Code20242025
Non-recurring operating income76A€6-
Remuneration, social security and pensions62€113k€137k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€211k€196k▼
Other operating charges640/8€10k€46k▲
Non-recurring operating charges66A€2k€2k▼
Gross operating margin9900€406k€479k▲
Operating profit (loss)9901€70k€99k▲
Financial income75/76B-€11
Recurring financial income75-€11
Financial charges65/66B€16k€27k▲
Recurring financial charges65€16k€27k▲
Profit (loss) for the period before taxes9903€54k€72k▲
Income taxes67/77€12k€9k▼
Profit (loss) for the period9904€42k€62k▲
Profit (loss) for the period to be appropriated9905€42k€62k▲
Appropriation of the result
Profit (loss) to be appropriated9906€293k€341k▲
Profit (loss) brought forward from the previous period14P€251k€279k▲
Profit to be distributed694/7€14k€27k▲
Directors or managers695€14k€27k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 10 days late
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €149k ▲642%
Operating result €186k, net result €149k, both a record.
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200kEq €214k ▲44.3%
3 profitable years in a row build equity to €214k.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 2.01
Current ratio from 0.97 to 2.01; short-term debt falls from €141k to €84k.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Couvin · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Marcel-Moreau 275660 CouvinGround area
854 m²
Building footprint
67 m²
Parcel 93014A0381/00T006, Wallonia. Linked by address, not a title deed.
1 establishment unit
DOR NICOLAS ENTREPRISES
since 20102.183.691.318
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93014A0381/00T006 | Wallonia | 854 m² | 1 · 67 m² | - |
Linked by address, not proof of ownership
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.
Recognitions · licences · registrations
Recognised contractor
20 categoriesDor Nicolas Entreprise SRL41931
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Of 8,455 companies in sector 43120 we hold annual accounts for 3,233. 2,237 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-12-2009
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43120Site preparation
42212Civil engineering
43211General electrical installation work
43331Floor and wall tiling
43990Other specialised construction activities
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.