DORCHY
ActiveDORCHY has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €127k and a net result of €29k. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 84% of 542 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability91▲+12
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 8.15 against 5.46 in 2023; short-term debt: 10.9% and cash: 55.4% of total assets), and 22.4% 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 31
Relative position
BE, all sectors
reference
Sector 31
higher
← fewer bankruptcies
more bankruptcies →
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 · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-06-2025, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
56 d early
2023
57 d early
2022
3 d late
2021
27 d early
2020
17 d late
2019
57 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€127k▲ 19.2%
2023 · €106k
2018: €95k
2019: €90k
2020: €111k
2021: €125k
2022: €114k
2023: €106k
2018 → 2024
Total assets
€164k▲ 30.9%
2023 · €125k
2018: €114k
2019: €96k
2020: €131k
2021: €144k
2022: €139k
2023: €125k
2018 → 2024
Net result
€29k▲ 168%
2023 · €11k
2018: €19k
2019: €8k
2020: €31k
2021: €31k
2022: €22k
2023: €11k
2018 → 2024
Working capital
€128k▲ 55.1%
2023 · €82k
2018: €84k
2019: €80k
2020: €99k
2021: €112k
2022: €102k
2023: €82k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€111k-€125k▲ 12.7%€114k▼ 8.7%€106k▼ 6.8%€127k▲ 19.2%
Operating result€42k-€44k▲ 4.7%€32k▼ 26.9%€16k▼ 49.2%€38k▲ 133%
Net result€31k-€31k▲ 1.2%€22k▼ 29.1%€11k▼ 51.5%€29k▲ 168%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 133% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €164k
Fixed assets
€18k▼ 25.3%
Current assets
€145k▲ 44.4%
Equity and liabilities €164k
Equity
€127k▲ 19.2%
Debt
€37k▲ 98.4%
The debt ratio rises from 14.8% to 22.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€46k▲
2023 · €25k
Cash flow
€36k▲
2023 · €19k
Solvency
77.6%▼
2023 · 85.2%
Current ratio
8.15▲
2023 · 5.46
Quick ratio
8.15▲
2023 · 5.46
Debt / equity
0.29▲
2023 · 0.17
ROE
22.6%▲
2023 · 10.0%
ROA
17.5%▲
2023 · 8.6%
Interest coverage
128.38▲
2023 · 63.84
Debt
€37k▲
2023 · €18k
Debt ≤ 1 year
€18k▼
2023 · €18k
Income taxes
€11k▲
2023 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€125k€164k▲
Formation expenses20-€0
Fixed assets21/28€24k€18k▼
Tangible fixed assets22/27€24k€18k▼
Plant, machinery and equipment23€8k€7k▼
Furniture and vehicles24€16k€7k▼
Other tangible fixed assets26-€4k
Current assets29/58€101k€145k▲
Amounts receivable within one year40/41€3k€54k▲
Trade receivables40€3k-
Other amounts receivable41€62€54k▲
Cash at bank and in hand54/58€96k€91k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€125k€164k▲
Equity10/15€106k€127k▲
Contributions10/11€6k€6k=
Reserves13€100k€120k▲
Distributable reserves133€100k€120k▲
Profit (loss) carried forward14€498€666▲
Amounts payable17/49€18k€37k▲
Amounts payable within one year42/48€18k€18k▼
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€13k€8k▼
Taxes450/3€13k€8k▼
Other amounts payable47/48€2k€8k▲
Accrued charges and deferred income492/3-€19k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€7k▼
Other operating charges640/8€557€5k▲
Non-recurring operating charges66A-€159
Gross operating margin9900€25k€51k▲
Operating profit (loss)9901€16k€38k▲
Financial income75/76B€42€2k▲
Recurring financial income75€42€2k▲
Financial charges65/66B€385€355▼
Recurring financial charges65€385€355▼
Profit (loss) for the period before taxes9903€16k€39k▲
Income taxes67/77€5k€11k▲
Profit (loss) for the period9904€11k€29k▲
Profit (loss) for the period to be appropriated9905€11k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€29k▲
Profit (loss) brought forward from the previous period14P€313€498▲
Transfer from equity791/2€19k€8k▼
Transfer to equity691/2€11k€29k▲
To other reserves6921€11k€29k▲
Profit to be distributed694/7€19k€8k▼
Return on contributions (dividend)694€19k€8k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €31k ▲1.2%
Operating result €44k, net result €31k, both a record.
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
31-12
Financial
Equity above €100kEq €111k ▲23.6%
3 profitable years in a row build equity to €111k.
04-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €8k ▼56%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 13.31
Current ratio from 5.71 to 13.31; short-term debt falls from €18k to €7k.
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · 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
3 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, Elsene · 1 establishment unit since 2007
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.
Wijnstokstraat 181050 ElseneGround area
93 m²
Building footprint
51 m²
Volume, LiDAR
660 m³
Parcel 21446D0054/00L002, Brussels · tallest building 14.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Wijnstokstraat 18, 1050 Elsene
since 20072.165.242.413
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21446D0054/00L002 | Brussels | 93 m² | 1 · 51 m² | 14.8 m · 4 fl. |
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.
Similar companies · same sector, comparable size
DE CALUWE
BE 0836.150.985
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R.V. MAATMEUBELEN
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Young's
BE 0404.620.949
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MODUL3
BE 0556.737.537
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ATELIER 7
BE 0457.403.795
Nazareth-De Pinte · Eq €125k
Of 1,501 companies in sector 31004 we hold annual accounts for 621. 468 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-09-2007
Fiscal year end31-12
Activities, NACEBEL
31004Manufacture of dining room, living room, bedroom and bathroom furniture
36141
47551Retail sale of household furniture
47552Retail sale of lighting equipment
47591Retail trade
47592Retail trade
52441
52442
58290Other software publishing
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
72100
72210
72220
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.