DORST
ActiveSummary
DORST has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€120,363) and a net result of €261,035. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 110 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▲+58
Solvency19▲+19
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.09 against 1.07 in 2024; short-term debt: 52.3% and cash: 25.6% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 11
Relative position
BE, all sectors
reference
Manufacture of beverages (NACE 11)
about 8% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 110 sector peers (2025).
NBB · sector comparisonPosition among 110 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-06-2026, 52 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
52 d early
2024
49 d early
2023
12 d late
2022
4 d early
2021
37 d early
2020
26 d early
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 22 days before the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 43% of the sector filed late.
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. Usually files around 24 June (4 of the last 5 filed years within 33 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
-€120,363▲ 68.4%
2024 · -€381,398
Total assets
€2.0m▲ 60.1%
2024 · €1.2m
Net result
€261,035
2024 · -€78,911
Working capital
€90,920▲ 57.0%
2024 · €57,907
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 11, Manufacture of beverages, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€23,175-€2,529-€273,659▼ 10,721%-€1,754▲ 99.4%€366,524
Net result€20,526above the sector's middle half-€7,151within the sector's middle half-€316,839below the sector's middle half▼ 4,331%-€78,911below the sector's middle half▲ 75.1%€261,035above the sector's middle half
Equity€21,503within the sector's middle half€14,352within the sector's middle half▼ 33.3%-€302,487below the sector's middle half-€381,398below the sector's middle half▼ 26.1%-€120,363below the sector's middle half▲ 68.4%
Total assets€222,195within the sector's middle half▼ 16.1%€381,489within the sector's middle half▲ 71.7%€825,119above the sector's middle half▲ 116%€1.2mwithin the sector's middle half▲ 51.0%€2.0mwithin the sector's middle half▲ 60.1%
Debt€200,692▼ 23.9%€367,136▲ 82.9%€1.1m▲ 207%€1.6m▲ 44.3%€2.1m▲ 29.9%
Working capital-€62,720below the sector's middle half-€116,501below the sector's middle half▼ 85.7%-€54,743below the sector's middle half▲ 53.0%€57,907within the sector's middle half€90,920within the sector's middle half▲ 57.0%
Solvency9.7%within the sector's middle half▲ 10.5pp3.8%within the sector's middle half▼ 5.9pp-36.7%below the sector's middle half▼ 40.4pp-30.6%below the sector's middle half▲ 6.0pp-6.0%below the sector's middle half▲ 24.6pp
Current ratio0.58below the sector's middle half▼ 0.450.65below the sector's middle half▲ 0.070.90within the sector's middle half▲ 0.251.07within the sector's middle half▲ 0.171.09within the sector's middle half▲ 0.02
Return on assets (ROA)9.2%above the sector's middle half▲ 16.6pp-1.9%within the sector's middle half▼ 11.1pp-38.4%below the sector's middle half▼ 36.5pp-6.3%within the sector's middle half▲ 32.1pp13.1%above the sector's middle half▲ 19.4pp
Staff (FTE)4.36within the sector's middle half▲ 39.5%7within the sector's middle half▲ 16.7%
above
within
below
the middle half (P25 to P75) of NACE 11, Manufacture of beverages, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2024 Net result +75% on 2023. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €366,524 after a loss of €1,754 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.0m
Fixed assets
€861,035 ▲ 132%
Current assets
€1.1m ▲ 29.5%
Key figures and ratios
EBITDA
€549,661▲
2024 · €90,677
Cash flow
€444,171▲
2024 · €13,519
Quick ratio
0.78▲
2024 · 0.67
Debt to equity
-17.57▼
2024 · -4.27
Interest coverage
5.26▲
2024 · 1.17
Debt ≤ 1 year
€1.0m▲
2024 · €816,732
Debt > 1 year
€1.0m▲
2024 · €770,337
Income taxes
€1,293▲
2024 · €1,212
Staff costs
€435,693▲
2024 · €326,028
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,180 companies that looked in July 2024 the way this one looks now, 4.8% went bankrupt within 24 months and 89% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a profit of 5% of the balance sheet or more
4.8%
went bankrupt
5.8%
stopped otherwise
89%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,180 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €254,822 | €326,028 | €435,693 | ▲ 33.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €44,521 | €49,753 | €64,836 | €92,430 | €183,136 | ▲ 98.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €0 | - | - | €3,457 | €3,922 | ▲ 13.5% |
| Other operating charges640/8 | €1,393 | €6,358 | €2,267 | €9,392 | €6,607 | ▼ 29.6% |
| Non-recurring operating charges66A | - | - | €37 | €756 | €18,863 | ▲ 2,394% |
| Gross operating margin9900 | €69,090 | €53,582 | €48,303 | €430,310 | €1.0m | ▲ 136% |
| Operating profit (loss)9901 | €23,175 | -€2,529 | -€273,659 | -€1,754 | €366,524 | ▲ 21,001% |
| Financial income75/76B | €3,180 | €1,145 | €91 | €1,372 | €377 | ▼ 72.5% |
| Recurring financial income75 | €3,180 | €1,145 | €91 | €1,372 | €377 | ▼ 72.5% |
| Financial charges65/66B | €5,830 | €5,767 | €42,394 | €77,318 | €104,573 | ▲ 35.3% |
| Recurring financial charges65 | €5,830 | €5,767 | €42,394 | €77,318 | €104,573 | ▲ 35.3% |
| Profit (loss) for the period before taxes9903 | €20,526 | -€7,151 | -€315,962 | -€77,700 | €262,329 | ▲ 438% |
| Income taxes67/77 | - | - | €877 | €1,212 | €1,293 | ▲ 6.7% |
| Profit (loss) for the period9904 | €20,526 | -€7,151 | -€316,839 | -€78,911 | €261,035 | ▲ 431% |
| Profit (loss) for the period to be appropriated9905 | €20,526 | -€7,151 | -€316,839 | -€78,911 | €261,035 | ▲ 431% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €222,195 | €381,489 | €825,119 | €1.2m | €2.0m | ▲ 60.1% |
| Formation expenses20 | €229 | €0 | €0 | - | - | - |
| Fixed assets21/28 | €133,681 | €163,159 | €312,252 | €371,009 | €861,035 | ▲ 132% |
| Intangible fixed assets21 | €49,121 | €83,425 | €181,933 | €135,203 | €92,701 | ▼ 31.4% |
| Tangible fixed assets22/27 | €83,060 | €78,234 | €128,820 | €228,906 | €759,334 | ▲ 232% |
| Plant, machinery and equipment23 | €59,284 | €57,127 | €78,730 | €159,525 | €225,519 | ▲ 41.4% |
| Furniture and vehicles24 | €11,429 | €10,371 | €21,882 | €18,919 | €14,044 | ▼ 25.8% |
| Leasing and similar rights25 | - | - | €21,129 | €16,646 | €488,350 | ▲ 2,834% |
| Other tangible fixed assets26 | €12,348 | €10,736 | €7,079 | €33,816 | €31,420 | ▼ 7.1% |
| Financial fixed assets28 | €1,500 | €1,500 | €1,500 | €6,900 | €9,000 | ▲ 30.4% |
| Current assets29/58 | €88,286 | €218,330 | €512,867 | €874,639 | €1.1m | ▲ 29.5% |
| Stocks and contracts in progress3 | €49,852 | €117,492 | €277,824 | €325,990 | €318,456 | ▼ 2.3% |
| Stocks30/36 | €49,852 | €117,492 | €277,824 | €325,990 | €318,456 | ▼ 2.3% |
| Amounts receivable within one year40/41 | €13,072 | €70,239 | €126,358 | €369,677 | €292,711 | ▼ 20.8% |
| Trade receivables40 | €9,104 | €56,844 | €108,255 | €353,231 | €270,234 | ▼ 23.5% |
| Other amounts receivable41 | €3,968 | €13,395 | €18,102 | €16,446 | €22,477 | ▲ 36.7% |
| Cash at bank and in hand54/58 | €14,996 | €29,534 | €100,826 | €168,201 | €509,880 | ▲ 203% |
| Deferred charges and accrued income490/1 | €10,367 | €1,065 | €7,860 | €10,771 | €11,751 | ▲ 9.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €222,195 | €381,489 | €825,119 | €1.2m | €2.0m | ▲ 60.1% |
| Equity10/15 | €21,503 | €14,352 | -€302,487 | -€381,398 | -€120,363 | ▲ 68.4% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €655 | €655 | €655 | €655 | €655 | = |
| Non-distributable reserves130/1 | €655 | €655 | €0 | - | - | - |
| Reserves not available under the articles1311 | €655 | €655 | €0 | - | - | - |
| Distributable reserves133 | - | - | €655 | €655 | €655 | = |
| Profit (loss) carried forward14 | €2,248 | -€4,903 | -€321,742 | -€400,653 | -€139,618 | ▲ 65.2% |
| Amounts payable17/49 | €200,692 | €367,136 | €1.1m | €1.6m | €2.1m | ▲ 29.9% |
| Amounts payable after more than one year17 | €49,687 | €32,305 | €531,709 | €770,337 | €1.0m | ▲ 33.3% |
| Financial debts170/4 | €49,687 | €32,305 | €531,709 | €770,337 | €1.0m | ▲ 33.3% |
| Amounts payable within one year42/48 | €151,005 | €334,831 | €567,609 | €816,732 | €1.0m | ▲ 27.6% |
| Current portion of amounts payable after more than one year42 | €29,618 | €29,179 | €51,551 | €77,946 | €151,601 | ▲ 94.5% |
| Financial debts43 | €80,000 | €125,000 | €125,000 | €275,000 | €325,000 | ▲ 18.2% |
| Credit institutions430/8 | €80,000 | €125,000 | €125,000 | €275,000 | €325,000 | ▲ 18.2% |
| Trade debts44 | €8,775 | €68,444 | €148,400 | €172,756 | €376,868 | ▲ 118% |
| Suppliers440/4 | €8,775 | €68,444 | €148,400 | €172,756 | €376,868 | ▲ 118% |
| Advances received on contracts in progress46 | €0 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €6,085 | €4,196 | €65,962 | €58,062 | €45,704 | ▼ 21.3% |
| Taxes450/3 | €0 | €282 | €11,206 | €22,876 | €4,308 | ▼ 81.2% |
| Remuneration and social security454/9 | €6,085 | €3,914 | €54,756 | €35,186 | €41,396 | ▲ 17.6% |
| Other amounts payable47/48 | €26,527 | €108,013 | €176,696 | €232,968 | €142,706 | ▼ 38.7% |
| Accrued charges and deferred income492/3 | - | - | €28,287 | €39,977 | €45,739 | ▲ 14.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,526 | -€7,151 | -€316,839 | -€78,911 | €261,035 | ▲ 431% |
| + Depreciation and write-downs630 | €44,521 | €49,753 | €64,836 | €92,430 | €183,136 | ▲ 98.1% |
| Operating cash flow (approximation) | €65,046 | €42,602 | -€252,003 | €13,519 | €444,171 | ▲ 3,185% |
| Investment in fixed assets (approximation) | - | -€79,230 | -€213,930 | -€151,188 | -€673,162 | ▼ 345% |
| Change in cash | - | €14,539 | €71,292 | €67,375 | €341,679 | ▲ 407% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
State Gazette act
Resignations: Felix Höfte, Victor Höfte and Dimitri LesseineAppointments: BV FH Adventure, BV Lolo di Awa and BV FEW · Permanent representatives: Felix Höfte, Victor Höfte and Dimitri Lesseine · Director discharge19 facts ▸
State Gazette act
Resignations: Felix Höfte, Victor Höfte and Dimitri Lesseine
Appointments: BV FH Adventure, BV Lolo di Awa and BV FEW · Permanent representatives: Felix Höfte, Victor Höfte and Dimitri Lesseine · Director discharge19 facts ▸
- General meeting, 26-01-2026
- Director resignation, Felix Höfte (non-statutory director)
- Director discharge, Felix Höfte (non-statutory director)
- Director resignation, Victor Höfte (non-statutory director)
- Director discharge, Victor Höfte (non-statutory director)
- Director resignation, Dimitri Lesseine (non-statutory director)
- Director discharge, Dimitri Lesseine (non-statutory director)
- Director appointment, BV FH Adventure (non-statutory director)
- Director appointment, BV Lolo di Awa (non-statutory director)
- Director appointment, BV FEW (non-statutory director)
- Permanent representative, Felix Höfte (permanent representative)
- General meeting, kennisname en akkoord met benoeming vaste vertegenwoordiger
- +7 further facts in this act
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €261,035
Net result €261,035 after 3 loss-making years.
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
31-12
Financial
Weakest financial yearnet -€316,839
Net result drops to -€316,839, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €20,526
Net result €20,526 after 2 loss-making years.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
under verification, last change in 2026
This board is reconstructed from a single act (26085961). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Board 3
BV FEW
CurrentNon-statutory director · since 26-01-2026 · Legal entity · perm. rep.: Dimitri Lesseine
BV FH Adventure
CurrentNon-statutory director · since 26-01-2026 · Legal entity · perm. rep.: Felix Höfte
BV Lolo di Awa
CurrentNon-statutory director · since 26-01-2026 · Legal entity · perm. rep.: Victor Höfte
Permanent representatives 3
Dimitri Lesseine
CurrentPermanent representative · since 26-01-2026 · for BV FEW
Felix Höfte
CurrentPermanent representative · since 26-01-2026 · for BV FH Adventure
Victor Höfte
CurrentPermanent representative · since 26-01-2026 · for BV Lolo di Awa
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
4 of this company's 5 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Evergem · 2 establishment units since 2017
Ground area
3,846 m²
Building footprint
2,197 m²
Volume, LiDAR
3 m³
2 parcels, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
DORST BV
since 20172.265.372.444
DORST BV
since 20242.358.035.851
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44019A1329/00D000 | Flanders | 1,998 m² | 2 · 1,171 m² | 0.1 m |
| 44019A1330/00G000 | Flanders | 1,848 m² | 1 · 1,026 m² | 0.1 m |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
6 people since 2026, 3 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| BV FEW |
|
| BV FH Adventure |
|
| BV Lolo di Awa |
|
| Dimitri Lesseine |
|
| Felix Höfte |
|
| Victor Höfte |
|
Structure & network
Connections & network
3 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 10 entries · 78,218 EUR awarded · 78,218 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 4,223 EUR | 4,223 EUR |
| 2024 | 3 | 8,510 EUR | 40,010 EUR |
| 2023 | 3 | 10,437 EUR | 17,397 EUR |
| 2022 | 2 | 55,048 EUR | 16,588 EUR |
Recognitions · licences · registrations
Food safety, FASFC
2 sitesEvergem2.265.372.444
Evergem2.358.035.851
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Identification & contact
Identification
Legal formPrivate limited company
Founded15-06-2017
Fiscal year end31-12
Activities, NACEBEL 2025
11010Manufacture of beverages
47252Retail sale of beverages, general range
56210Event catering
63920Other information service activities
77229Renting and leasing of other personal and household goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0676837690
Also
9925:BE0676837690
Registered
15-07-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.