DREAMS DONUTS
ActiveThe computed 12-month bankruptcy probability of DREAMS DONUTS is 1.5% (moderate). The 2025 annual accounts show equity of €714k and a net result of €249k. Equity is growing by ~37% per year across the filed fiscal years. Its solvency ranks better than 57% of 18035 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
83
/ 100
Excellent▼ -3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency76▼-6
Growth78=
Stability100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 1.51 against 1.67 in 2024), but 57.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
42.3%
Return on assets
14.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
31 d late
2024
61 d late
2023
91 d late
2022
109 d late
2021
31 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€714k▼ 23.7%
2024 · €935k
2021: €83k
2022: €172k
2023: €582k
2024: €935k
2021 → 2025
Total assets
€1.69M▼ 20.0%
2024 · €2.11M
2021: €359k
2022: €540k
2023: €1.51M
2024: €2.11M
2021 → 2025
Net result
€249k▼ 29.3%
2024 · €353k
2021: €73k
2022: €89k
2023: €410k
2024: €353k
2021 → 2025
Working capital
€500k▼ 36.7%
2024 · €789k
2021: €147k
2022: €181k
2023: €562k
2024: €789k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€83k-€172k▲ 108%€582k▲ 239%€935k▲ 60.6%€714k▼ 23.7%
Operating result€97k-€115k▲ 18.8%€543k▲ 372%€485k▼ 10.6%€364k▼ 25.1%
Net result€73k-€89k▲ 22.6%€410k▲ 360%€353k▼ 14.0%€249k▼ 29.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.69M
Fixed assets
€214k▲ 46.6%
Current assets
€1.47M▼ 24.9%
Equity and liabilities €1.69M
Equity
€714k▼ 23.7%
Debt
€972k▼ 17.1%
The debt ratio rises from 55.6% to 57.7%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€435k▼
2024 · €552k
Cash flow
€321k▼
2024 · €420k
Solvency
42.3%▼
2024 · 44.4%
Current ratio
1.51▼
2024 · 1.67
Quick ratio
1.51▼
2024 · 1.67
Debt / equity
1.36▲
2024 · 1.25
ROE
35.0%▼
2024 · 37.7%
ROA
14.8%▼
2024 · 16.7%
Interest coverage
24.34▼
2024 · 231.07
Debt
€972k▼
2024 · €1.17M
Debt ≤ 1 year
€972k▼
2024 · €1.17M
Income taxes
€96k▼
2024 · €130k
Staff costs
€537k▲
2024 · €414k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.11M€1.69M▼
Fixed assets21/28€146k€214k▲
Intangible fixed assets21€781€256▼
Tangible fixed assets22/27€133k€202k▲
Plant, machinery and equipment23€46k€34k▼
Furniture and vehicles24€78k€147k▲
Other tangible fixed assets26€9k€20k▲
Financial fixed assets28€12k€12k=
Current assets29/58€1.96M€1.47M▼
Amounts receivable within one year40/41€1.12M€413k▼
Trade receivables40€697k€198k▼
Other amounts receivable41€419k€215k▼
Cash at bank and in hand54/58€844k€1.06M▲
Deferred charges and accrued income490/1-€325
Equity and liabilities
Total equity and liabilities10/49€2.11M€1.69M▼
Equity10/15€935k€714k▼
Contributions10/11€10k€10k=
Profit (loss) carried forward14€925k€704k▼
Amounts payable17/49€1.17M€972k▼
Amounts payable within one year42/48€1.17M€972k▼
Trade debts44€530k€478k▼
Suppliers440/4€530k€478k▼
Advances received on contracts in progress46€278k€93k▼
Taxes, remuneration and social security45€307k€283k▼
Taxes450/3€269k€229k▼
Remuneration and social security454/9€37k€54k▲
Other amounts payable47/48€57k€118k▲
Income statement
Code20242025
Remuneration, social security and pensions62€414k€537k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67k€72k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€969k€976k▲
Operating profit (loss)9901€485k€364k▼
Financial income75/76B€3€300▲
Recurring financial income75€3€300▲
Financial charges65/66B€2k€18k▲
Recurring financial charges65€2k€18k▲
Profit (loss) for the period before taxes9903€483k€346k▼
Income taxes67/77€130k€96k▼
Profit (loss) for the period9904€353k€249k▼
Profit (loss) for the period to be appropriated9905€353k€249k▼
Appropriation of the result
Profit (loss) to be appropriated9906€925k€1.17M▲
Profit (loss) brought forward from the previous period14P€572k€925k▲
Profit to be distributed694/7-€471k
Return on contributions (dividend)694-€471k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 91 days late
2023
31-12
Financial
Highest result since 2021net €410k ▲360%
Operating result €543k, net result €410k, both a record.
31-12
Financial
Equity above €500kEq €582k ▲239%
3 profitable years in a row build equity to €582k.
17-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 109 days late
2022
31-12
Financial
Equity above €150kEq €172k ▲108%
2 profitable years in a row build equity to €172k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Quaregnon · 1 establishment unit since 2020
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.
Sentier du Brûle 567390 QuaregnonGround area
475 m²
Building footprint
307 m²
Volume, LiDAR
8,682 m³
2 parcels, Wallonia · tallest building 31.1 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
DREAMS DONUTS
since 20202.305.621.407
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52011D0248/04X000 | Wallonia | 391 m² | 1 · 307 m² | 31.1 m · 9 fl. |
| 53065A0417/02A000indicative | Wallonia | 84 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels 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
SANDEL
BE 0477.376.392
Jabbeke · Eq €716k
BAKKERIJ SMETS
BE 0462.535.293
Riemst · Eq €724k
Pâtisserie Garcia & Fils
BE 0767.618.210
Elsene · Eq €699k
VANNOPPEN-DUMONT
BE 0701.599.119
Heusden-Zolder · Eq €730k
Bakkerij Kris en Sandy
BE 0765.810.743
Jabbeke · Eq €696k
Of 2,406 companies in sector 47241 we hold annual accounts for 1,097. 509 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-08-2020
Fiscal year end31-12
Activities, NACEBEL
47241Retail sale of bread and pastry (bakery outlets)
77400Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 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.