Equity
Equity rose in 2025 from €119,779 to €188,406.
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Equity rose in 2025 from €119,779 to €188,406.
Green is investment, beige is depreciation.
Higher net result than 86% of companies in real estate. Sector median €5,995 · 17,190 companies.
In July 2024, 34,693 companies had the same profile as DORENO has now. Each dot stands for 87 companies, two years later.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for DORENO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
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| Company | ||||
|---|---|---|---|---|
| DORENO Ghent | €381,191 | €126,754 | 49.4% | - |
| DW TECHNIEKEN Lochristi | €341,640 | €88,559 | 28.7% | - |
| LASDA Oudenaarde | €333,565 | €87,486 | 89.6% | - |
| ROSE GROUP INVEST Vilvoorde | €384,256 | €127,725 | 36.9% | - |
| Cédric BEAUJEAN Liège | €363,413 | €110,718 | -1.1% | - |
| Diste Dilbeek | €408,859 | €114,766 | 92.6% | - |
| BENJAMIN DE GEYTER Immobilier Jurbise | €391,435 | €167,063 | 26.4% | - |
These companies have the same main activity as DORENO: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €334,000 and €409,000, founded between 2013 and 2015.
DORENO files the micro format. That format states no turnover. The gross margin fell from €214,021 in 2015 to €126,754 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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