DORIMO
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 20-07-2026 at the NBB all 32 filings
Turnover
≈ €510,000
Estimated: probably between €340,000 and €750,000
EBIT margin
Not included in this filing
Net result
-€21,336
2024 · €44,273
Working capital
€75,676▼ 71.6%
2024 · €266,850
In the rankings
#4 company by equity in Mettet, Agriculture, forestry and fishing sector#7 oldest company in Mettet, Agriculture, forestry and fishing sector#10 company by total assets in Mettet, Agriculture, forestry and fishing sector
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€25,679
2025
20182025
Net result
-€21,336
2025
lowest quarter of the sector
20182025
Equity
€583,218
▼ 23.4%
2025
highest quarter of the sector
20182025
Total assets
€890,000
▼ 2.3%
2025
highest quarter of the sector
20182025
Debt
€306,782
▲ 105%
2025
20182025
Working capital
€75,676
▼ 71.6%
2025
middle half of the sector
20182025
Solvency
65.5%
▼ 18.1pp
2025
highest quarter of the sector
20182025
Current ratio
1.26
▼ 1.84
2025
middle half of the sector
20182025
Return on assets (ROA)
-2.4%
▼ 7.3pp
2025
lowest quarter of the sector
20182025
Staff (FTE)
2.9
▲ 26.1%
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.001m-€0.06m€0.1m▲ 82.9%€0.2m▲ 134%€0.2m▼ 17.4%€0.2m▼ 10.4%€0.05m▼ 72.6%-€0.03m
Net result€0.07m-€0.07m▼ 6.0%€0.1mabove the sector's middle half▲ 44.4%€0.2mabove the sector's middle half▲ 89.9%€0.2mabove the sector's middle half▼ 12.7%€0.1mwithin the sector's middle half▼ 27.2%€0.04mwithin the sector's middle half▼ 62.4%-€0.02mbelow the sector's middle half
Equity€0.06m-€0.1m▲ 85.6%€0.2mwithin the sector's middle half▲ 78.9%€0.4mabove the sector's middle half▲ 85.6%€0.6mabove the sector's middle half▲ 55.7%€0.7mwithin the sector's middle half▲ 18.0%€0.8mwithin the sector's middle half▲ 5.2%€0.6mabove the sector's middle half▼ 23.4%
Total assets€0.8m-€0.6m▼ 25.8%€0.8mabove the sector's middle half▲ 28.7%€1.1mabove the sector's middle half▲ 43.0%€1.1mabove the sector's middle half▼ 1.4%€1.0mwithin the sector's middle half▼ 12.7%€0.9mwithin the sector's middle half▼ 4.3%€0.9mabove the sector's middle half▼ 2.3%
Debt€0.7m-€0.5m▼ 35.4%€0.6m▲ 16.4%€0.7m▲ 26.9%€0.5m▼ 33.0%€0.2m▼ 52.1%€0.1m▼ 34.5%€0.3m▲ 105%
Working capital-€0.5m--€0.4m▲ 20.6%-€0.3mbelow the sector's middle half▲ 24.5%-€0.1mbelow the sector's middle half▲ 57.9%€0.04mwithin the sector's middle half€0.2mwithin the sector's middle half▲ 409%€0.3mwithin the sector's middle half▲ 38.6%€0.08mwithin the sector's middle half▼ 71.6%
Solvency7.9%-19.7%▲ 11.9pp27.4%within the sector's middle half▲ 7.7pp35.6%within the sector's middle half▲ 8.2pp56.2%within the sector's middle half▲ 20.6pp76.0%above the sector's middle half▲ 19.8pp83.6%above the sector's middle half▲ 7.6pp65.5%above the sector's middle half▼ 18.1pp
Current ratio0.35-0.17▼ 0.180.48below the sector's middle half▲ 0.310.80within the sector's middle half▲ 0.321.09within the sector's middle half▲ 0.292.08within the sector's middle half▲ 0.993.10above the sector's middle half▲ 1.011.26within the sector's middle half▼ 1.84
Return on assets (ROA)8.9%-11.2%▲ 2.4pp12.6%above the sector's middle half▲ 1.4pp16.7%above the sector's middle half▲ 4.1pp14.8%above the sector's middle half▼ 1.9pp12.4%above the sector's middle half▼ 2.5pp4.9%within the sector's middle half▼ 7.5pp-2.4%below the sector's middle half▼ 7.3pp
Staff (FTE)0.62.5within the sector's middle half▲ 317%6.9▲ 176%4.3▼ 37.7%2.8within the sector's middle half▼ 34.9%2.3within the sector's middle half▼ 17.9%2.9▲ 26.1%
above
within
below
The sector band is the middle half of the companies in Crop and animal production, hunting and related service activities (NACE 01). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €25,679, after a profit of €50,633 in 2024. It is the lowest result since 2021.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €890,000
Fixed assets
€518,719 ▲ 0.4%
Current assets
€371,281 ▼ 5.8%
Equity and liabilities €890,000
Equity
€583,218 ▼ 23.4%
Debt
€306,782 ▲ 105%
Debt's share of the balance-sheet total rises from 16.4% to 34.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€64,579▼
2024 · €133,417
Cash flow
€68,922▼
2024 · €127,056
Debt to equity
0.53▲
2024 · 0.20
ROE
-3.7%▼
2024 · 5.8%
Interest coverage
24.53▼
2024 · 68.88
Debt ≤ 1 year
€295,605▲
2024 · €127,334
Debt > 1 year
€0▼
2024 · €16,806
Income taxes
€93▼
2024 · €11,751
Staff costs
€114,969▲
2024 · €107,544
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 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 9 | 7 | 4 | 3 | 5 |
| full-time | 2 | 2 | 2 | 1 | 1 |
| part-time | 7 | 5 | 2 | 2 | 4 |
| in full-time equivalents | 4.3 | 4.3 | 2.8 | 2.2 | 2.2 |
| Average over the year, in full-time equivalents | 4.2 | 4.3 | 2.8 | 2.3 | 2.4 |
| On a permanent contract | 3 | 5 | 4 | 3 | 4 |
| Joined | 63 | 92 | 96 | 92 | 80 |
| Left | 59 | 91 | 97 | 93 | 80 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Pledge on the business | €140,000 | - | €140,000 | €140,000 | €140,000 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €201,467 | €55,986 | €20,643 | €17,442 | €92,350 |
| Intangible fixed assets | - | €56,094 | - | - | - |
| Depreciation and write-downs of the year | €85,480 | €94,894 | €88,384 | €82,783 | €90,258 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €3,387 | €1,889 | €5,764 | €7,293 | €5,586 | ▼ 23.4% |
| Remuneration, social security and pensions62 | - | - | - | €82,171 | €102,769 | €121,899 | €107,544 | €114,969 | ▲ 6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €80,769 | €91,601 | €74,968 | €85,480 | €94,894 | €88,384 | €82,783 | €90,258 | ▲ 9.0% |
| Other operating charges640/8 | - | - | - | €1,713 | €3,711 | €5,643 | €5,955 | €5,182 | ▼ 13.0% |
| Non-recurring operating charges66A | - | - | - | - | €700 | €0 | - | - | - |
| Gross operating margin9900 | €81,474 | €172,412 | €237,239 | €418,868 | €408,209 | €400,664 | €246,916 | €184,730 | ▼ 25.2% |
| Operating profit (loss)9901 | -€542 | €58,249 | €106,543 | €249,504 | €206,134 | €184,739 | €50,633 | -€25,679 | - |
| Financial income75/76B | - | - | - | €3,421 | €17,302 | €7,391 | €7,327 | €7,069 | ▼ 3.5% |
| Recurring financial income75 | €75,021 | €12,744 | €3,882 | €3,421 | €17,302 | €7,391 | €7,327 | €7,069 | ▼ 3.5% |
| Financial charges65/66B | - | - | - | €2,243 | €2,783 | €2,605 | €1,937 | €2,632 | ▲ 35.9% |
| Recurring financial charges65 | €2,700 | €3,495 | €2,449 | €2,243 | €2,783 | €2,605 | €1,937 | €2,632 | ▲ 35.9% |
| Profit (loss) for the period before taxes9903 | €71,779 | €67,498 | €107,976 | €250,683 | €220,653 | €189,525 | €56,023 | -€21,243 | - |
| Income taxes67/77 | €0 | - | €10,505 | €65,557 | €59,009 | €71,774 | €11,751 | €93 | ▼ 99.2% |
| Profit (loss) for the period9904 | €71,779 | €67,498 | €97,471 | €185,126 | €161,644 | €117,751 | €44,273 | -€21,336 | - |
| Profit (loss) for the period to be appropriated9905 | €71,779 | €67,498 | €97,471 | €185,126 | €161,644 | €117,751 | €44,273 | -€21,336 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.8m | €0.6m | €0.8m | €1.1m | €1.1m | €1.0m | €0.9m | €0.9m | ▼ 2.3% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - | - |
| Fixed assets21/28 | €0.6m | €0.5m | €0.5m | €0.6m | €0.6m | €0.6m | €0.5m | €0.5m | ▲ 0.4% |
| Intangible fixed assets21 | €0 | - | - | - | €0.04m | €0.03m | €0.02m | €0.01m | ▼ 50.0% |
| Tangible fixed assets22/27 | €0.6m | €0.5m | €0.5m | €0.6m | €0.6m | €0.5m | €0.5m | €0.5m | ▲ 2.7% |
| Land and buildings22 | - | - | - | €0.6m | €0.5m | €0.5m | €0.4m | €0.4m | ▼ 4.3% |
| Plant, machinery and equipment23 | - | - | - | €0.04m | €0.04m | €0.03m | €0.04m | €0.08m | ▲ 84.7% |
| Furniture and vehicles24 | - | - | - | €0.03m | €0.02m | €0.03m | €0.02m | €0.01m | ▼ 22.2% |
| Financial fixed assets28 | €111 | €476 | €476 | €476 | €476 | €476 | €476 | €476 | = |
| Current assets29/58 | €0.3m | €0.07m | €0.3m | €0.5m | €0.4m | €0.4m | €0.4m | €0.4m | ▼ 5.8% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €0.06m | €0.004m | €0.02m | €0.008m | €0.02m | €0.03m | €0.05m | €0.05m | ▲ 7.3% |
| Trade receivables40 | - | - | - | €0.008m | €0.008m | €0.007m | €0.009m | €0.005m | ▼ 47.1% |
| Other amounts receivable41 | - | - | - | €0 | €0.007m | €0.02m | €0.04m | €0.05m | ▲ 19.9% |
| Current investments50/53 | €0 | - | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0.2m | €0.07m | €0.2m | €0.5m | €0.4m | €0.3m | €0.3m | €0.3m | ▼ 7.2% |
| Deferred charges and accrued income490/1 | - | - | - | €0.008m | €0.007m | €0.008m | €0.008m | €0.006m | ▼ 23.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.8m | €0.6m | €0.8m | €1.1m | €1.1m | €1.0m | €0.9m | €0.9m | ▼ 2.3% |
| Equity10/15 | €0.06m | €0.1m | €0.2m | €0.4m | €0.6m | €0.7m | €0.8m | €0.6m | ▼ 23.4% |
| Contributions10/11 | €0.03m | €0.03m | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Reserves13 | €0.003m | €0.003m | €0.1m | €0.3m | €0.4m | €0.6m | €0.6m | €0.5m | ▼ 24.9% |
| Non-distributable reserves130/1 | - | - | - | €0.003m | €0.003m | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.003m | €0.003m | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €0.3m | €0.4m | €0.6m | €0.6m | €0.5m | ▼ 24.9% |
| Profit (loss) carried forward14 | -€0.01m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.04m | ▼ 33.9% |
| Investment grants15 | - | - | - | €0.02m | €0.08m | €0.07m | €0.06m | €0.06m | ▼ 10.4% |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - | - | - | - |
| Amounts payable17/49 | €0.7m | €0.5m | €0.6m | €0.7m | €0.5m | €0.2m | €0.1m | €0.3m | ▲ 105% |
| Amounts payable after more than one year17 | €0.03m | €0.03m | €0.02m | €0.1m | €0.07m | €0.05m | €0.02m | €0 | ▼ 100% |
| Financial debts170/4 | - | - | - | €0.1m | €0.07m | €0.05m | €0.02m | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €0.7m | €0.4m | €0.5m | €0.6m | €0.4m | €0.2m | €0.1m | €0.3m | ▲ 132% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.04m | €0.04m | €0.03m | €0.03m | €0.02m | ▼ 41.1% |
| Trade debts44 | €0.01m | €0.02m | €0.02m | €0.02m | €0.04m | €0.01m | €0.008m | €0.04m | ▲ 342% |
| Suppliers440/4 | - | - | - | €0.02m | €0.04m | €0.01m | €0.008m | €0.04m | ▲ 342% |
| Advances received on contracts in progress46 | - | - | - | €0.1m | €0.1m | €0.08m | €0.07m | €0.08m | ▲ 13.8% |
| Taxes, remuneration and social security45 | - | - | - | €0.1m | €0.03m | €0.05m | €0.02m | €0.02m | ▼ 11.4% |
| Taxes450/3 | - | - | - | €0.03m | €0.02m | €0.03m | €0.005m | €0.001m | ▼ 84.0% |
| Remuneration and social security454/9 | - | - | - | €0.07m | €0.02m | €0.02m | €0.01m | €0.02m | ▲ 15.3% |
| Other amounts payable47/48 | - | - | - | €0.3m | €0.2m | €0.006m | €0.001m | €0.1m | ▲ 163× |
| Accrued charges and deferred income492/3 | - | - | - | €0.01m | €0 | €0.005m | €0.005m | €0.01m | ▲ 107% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €71,779 | €67,498 | €97,471 | €185,126 | €161,644 | €117,751 | €44,273 | -€21,336 | - |
| + Depreciation and write-downs630 | €80,769 | €91,601 | €74,968 | €85,480 | €94,894 | €88,384 | €82,783 | €90,258 | ▲ 9.0% |
| Operating cash flow (approximation) | €152,548 | €159,099 | €172,440 | €270,606 | €256,538 | €206,135 | €127,056 | €68,922 | ▼ 45.8% |
| Investment in fixed assets (approximation) | - | -€58,068 | -€65,184 | -€201,467 | -€112,080 | -€20,643 | -€17,442 | -€92,350 | ▼ 429% |
| Change in cash | - | -€123,259 | €167,501 | €223,781 | -€39,310 | -€88,041 | €9,544 | -€24,496 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 12,322 companies had the same profile as DORIMO has now. Two years later, 90.3% were still going and 0.7% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
90.3%
was still going
8.6%
stopped otherwise
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DORIMO itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 12,322 companies, not a prediction for DORIMO. 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.
Latest 10 of 32 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 20-07-2026 | 2026-00312030 | |
| 31-12-2024 | full format | 25-07-2025 | 2025-00311010 | |
| 31-12-2023 | full format | 22-07-2024 | 2024-00270673 | |
| 31-12-2022 | micro format | 29-06-2023 | 2023-00174707 | |
| 31-12-2021 | micro format | 28-07-2022 | 2022-20238849 | |
| 31-12-2020 | micro format | 28-07-2021 | 2021-41500261 | |
| 31-12-2019 | micro format | 29-07-2020 | 2020-35800128 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-59500260 | |
| 31-12-2017 | micro format | 27-08-2018 | 2018-52000526 | |
| 31-12-2016 | full format | 17-08-2017 | 2017-44600479 |