DORE ARCHITECTURE
ActiveFinancials · financial year 2023, micro format
2024 annual accounts not yet filed, deadline passed on 31 July 2025 The financial year closed on 31 December 2024. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 3 November 2026.
Annual accounts 2023 filed on 27-12-2024 PDF all 33 filings
Turnover
€202,898
EBIT margin
14.2%
Net result
€8,150▲ 210%
2022 · €2,633
Working capital
€384,614▼ 8.6%
2022 · €420,810
Multi-year overview
2018 to 2023, 6 financial yearsTurnover
€202,898
2023
20182023
Operating result
€28,891
▲ 68.0%
2023
20182023
Net result
€8,150
▲ 210%
2023
20182023
EBIT margin
14.2%
2023
20182023
Equity
€1.7m
▲ 0.5%
2023
20182023
Total assets
€2.8m
=
2023
20182023
Debt
€1.1m
▼ 0.8%
2023
20182023
Working capital
€384,614
▼ 8.6%
2023
20182023
Staff (FTE)
no figure
2023
20182023
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Turnover€0.2m
Operating result-€0.2m-€0.1m€0.05m▼ 58.8%€0.02m▼ 60.5%€0.02m▼ 16.4%€0.03m▲ 68.0%
Net result-€0.07m-€0.1m€0.03m▼ 72.3%€0.001m▼ 95.8%€0.003m▲ 112%€0.008m▲ 210%
EBIT margin14.2%
Equity€1.6m-€1.7m▲ 6.9%€1.7m▲ 1.8%€1.7m▲ 0.1%€1.7m▲ 0.2%€1.7m▲ 0.5%
Total assets€2.9m-€3.0m▲ 3.8%€3.0m▼ 0.4%€2.9m▼ 2.9%€2.8m▼ 3.3%€2.8m=
Debt€1.4m-€1.4m▲ 0.4%€1.3m▼ 3.0%€1.2m▼ 6.7%€1.1m▼ 7.9%€1.1m▼ 0.8%
Working capital€0.5m-€0.6m▲ 18.5%€0.5m▼ 13.5%€0.5m▼ 6.8%€0.4m▼ 11.2%€0.4m▼ 8.6%
Staff (FTE)1-1=1.2▲ 20.0%1▼ 16.7%1=
The operating result for 2023 is 68% higher than in 2022. It is a recovery after the fall in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €2.8m
Fixed assets
€1.8m ▼ 3.4%
Current assets
€993,232 ▲ 6.7%
Equity and liabilities €2.8m
Equity
€1.7m ▲ 0.5%
Debt
€1.1m ▼ 0.8%
Debt's share of the balance-sheet total falls from 40.2% to 39.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€92,446▲
2022 · €80,801
Cash flow
€71,704▲
2022 · €66,237
Current ratio
1.63▼
2022 · 1.82
Quick ratio
0.18▲
2022 · 0.10
Debt to equity
0.66▼
2022 · 0.67
ROE
0.5%▲
2022 · 0.2%
ROA
0.3%▲
2022 · 0.1%
Interest coverage
3.77▼
2022 · 5.47
Debt ≤ 1 year
€608,617▲
2022 · €510,276
Debt > 1 year
€507,281▼
2022 · €626,681
Income taxes
-€3,722▼
2022 · -€212
Customer credit
134 days
Supplier credit
308 days
Staff costs
€480▼
2022 · €18,522
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 |
|---|---|---|
| Employees at the balance-sheet date | 1 | 1 |
| part-time | 1 | 1 |
| in full-time equivalents | 0.5 | 0.5 |
| Average over the year, in full-time equivalents | 0.5 | 0.5 |
| On a permanent contract | 1 | 1 |
Source: social balance sheet in the 2021 to 2022 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 |
|---|---|---|---|
| Mortgages, amount registered | €605,000 | €605,000 | €605,000 |
| Carrying value of the mortgaged assets | €933,427 | €905,667 | €877,907 |
Source: notes to the 2021 to 2023 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €30,518 | - | - |
| Depreciation and write-downs of the year | €62,390 | €63,604 | €63,554 |
Source: notes to the 2021 to 2023 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | - | €202,898 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | - | €91,248 | - |
| Remuneration, social security and pensions62 | - | - | - | €21,826 | €18,522 | €480 | ▼ 97.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €106,361 | €103,097 | €94,633 | €62,390 | €63,604 | €63,554 | ▼ 0.1% |
| Other operating charges640/8 | - | - | - | €29,328 | €14,187 | €18,723 | ▲ 32.0% |
| Gross operating margin9900 | €506 | €278,560 | €169,282 | €134,123 | €113,510 | €111,649 | ▼ 1.6% |
| Operating profit (loss)9901 | -€159,472 | €126,440 | €52,144 | €20,579 | €17,196 | €28,891 | ▲ 68.0% |
| Financial income75/76B | - | - | - | - | - | €90 | - |
| Recurring financial income75 | €54 | €2 | €122 | - | - | €90 | - |
| Financial charges65/66B | - | - | - | €15,369 | €14,776 | €24,554 | ▲ 66.2% |
| Recurring financial charges65 | €19,121 | €19,879 | €20,342 | €15,369 | €14,776 | €24,554 | ▲ 66.2% |
| Profit (loss) for the period before taxes9903 | -€178,539 | €106,563 | €31,923 | €5,211 | €2,420 | €4,428 | ▲ 83.0% |
| Income taxes67/77 | - | €220 | €2,511 | €3,967 | -€212 | -€3,722 | ▼ 1,653% |
| Profit (loss) for the period9904 | -€68,382 | €106,343 | €29,412 | €1,244 | €2,633 | €8,150 | ▲ 210% |
| Profit (loss) for the period to be appropriated9905 | €145,550 | €106,343 | €29,412 | €1,244 | €2,633 | €8,150 | ▲ 210% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €2.9m | €3.0m | €3.0m | €2.9m | €2.8m | €2.8m | = |
| Fixed assets21/28 | €2.2m | €2.1m | €2.0m | €2.0m | €1.9m | €1.8m | ▼ 3.4% |
| Tangible fixed assets22/27 | €2.2m | €2.1m | €2.0m | €2.0m | €1.9m | €1.8m | ▼ 3.4% |
| Land and buildings22 | - | - | - | €1.9m | €1.9m | €1.8m | ▼ 3.2% |
| Furniture and vehicles24 | - | - | - | €0.02m | €0.02m | €0.01m | ▼ 24.7% |
| Financial fixed assets28 | €0.04m | €0.04m | €0.04m | €320 | €320 | €320 | = |
| Current assets29/58 | €0.7m | €0.9m | €1.0m | €1.0m | €0.9m | €1.0m | ▲ 6.7% |
| Stocks and contracts in progress3 | €0.6m | €0.8m | €0.9m | €0.9m | €0.9m | €0.9m | = |
| Contracts in progress37 | - | - | - | €0.9m | €0.9m | €0.9m | = |
| Amounts receivable within one year40/41 | €0.08m | €0.02m | €0.02m | €0.008m | €0.004m | €0.08m | ▲ 19× |
| Trade receivables40 | - | - | - | - | - | €0.07m | - |
| Other amounts receivable41 | - | - | - | €0.008m | €0.004m | €0.008m | ▲ 75.1% |
| Cash at bank and in hand54/58 | €0.02m | - | €0.01m | €0.02m | €0.001m | €0.001m | = |
| Deferred charges and accrued income490/1 | - | - | - | €0.05m | €0.04m | €0.03m | ▼ 35.8% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €2.9m | €3.0m | €3.0m | €2.9m | €2.8m | €2.8m | = |
| Equity10/15 | €1.6m | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | ▲ 0.5% |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Capital10 | - | - | - | €0.02m | €0.02m | €0.02m | = |
| Issued capital100 | - | - | - | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €1.5m | €1.6m | €1.7m | €1.7m | €1.7m | €1.7m | ▲ 0.5% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | = |
| Legal reserve130 | - | - | - | €0.002m | €0.002m | €0.002m | = |
| Distributable reserves133 | - | - | - | €1.7m | €1.7m | €1.7m | ▲ 0.5% |
| Profit (loss) carried forward14 | €0.002m | €0.001m | €352 | €0.001m | €228 | €377 | ▲ 65.7% |
| Amounts payable17/49 | €1.4m | €1.4m | €1.3m | €1.2m | €1.1m | €1.1m | ▼ 0.8% |
| Amounts payable after more than one year17 | €1.1m | €1.0m | €0.9m | €0.7m | €0.6m | €0.5m | ▼ 19.1% |
| Financial debts170/4 | - | - | - | €0.7m | €0.6m | €0.5m | ▼ 19.1% |
| Amounts payable within one year42/48 | €0.2m | €0.3m | €0.5m | €0.5m | €0.5m | €0.6m | ▲ 19.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.1m | €0.1m | ▲ 8.4% |
| Financial debts43 | - | - | - | - | €0.1m | €0.1m | ▲ 14.3% |
| Credit institutions430/8 | - | - | - | - | €0.1m | €0.1m | ▲ 14.3% |
| Trade debts44 | €0.1m | €0.1m | €0.04m | €0.1m | €0.06m | €0.08m | ▲ 22.6% |
| Suppliers440/4 | - | - | - | €0.1m | €0.06m | €0.08m | ▲ 22.6% |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.02m | €0.003m | ▼ 82.6% |
| Taxes450/3 | - | - | - | €0.02m | €0.01m | €0.003m | ▼ 77.3% |
| Remuneration and social security454/9 | - | - | - | €0.003m | €0.004m | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | €0.2m | €0.2m | €0.3m | ▲ 34.3% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €0.01m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€68,382 | €106,343 | €29,412 | €1,244 | €2,633 | €8,150 | ▲ 210% |
| + Depreciation and write-downs630 | €106,361 | €103,097 | €94,633 | €62,390 | €63,604 | €63,554 | ▼ 0.1% |
| Operating cash flow (approximation) | €37,980 | €209,440 | €124,044 | €63,633 | €66,237 | €71,704 | ▲ 8.3% |
| Investment in fixed assets (approximation) | - | €3,839 | €0 | €11,237 | €0 | €0 | - |
| Change in cash | - | - | - | €5,377 | -€17,211 | €0 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2023 | micro format | 27-12-2024 | 2024-00627082 | |
| 31-12-2022 | micro format | 25-09-2023 | 2023-00456276 | |
| 31-12-2021 | micro format | 30-09-2022 | 2022-20448282 | |
| 31-12-2020 | micro format | 16-12-2021 | 2021-81300385 | |
| 31-12-2019 | micro format | 17-03-2021 | 2021-07800083 | |
| 31-12-2018 | micro format | 09-10-2019 | 2019-69400087 | |
| 31-12-2017 | micro format | 30-10-2018 | 2018-70900411 | |
| 31-12-2016 | micro format | 13-11-2017 | 2017-69700512 | |
| 31-12-2015 | full format | 30-09-2016 | 2016-65100026 | |
| 31-12-2014 | full format | 19-11-2015 | 2015-67400036 |