THE DOORS
ActiveSummary
THE DOORS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €128k and a net result of €4k. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 57% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability56▲+18
Solvency79=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.24 against 2.46 in 2024; short-term debt: 33.5% and cash: 15% of total assets), and 46.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
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
53.6%
Return on assets
1.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
56 d early
2024
55 d early
2023
54 d early
2022
59 d early
2021
54 d early
2020
64 d early
2019
3 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€128k▲ 2.9%
2024 · €125k
2018: €67k
2019: €67k
2020: €83k
2021: €93k
2022: €100k
2023: €123k
2024: €125k
2018 → 2025
Total assets
€240k▲ 2.8%
2024 · €233k
2018: €263k
2019: €212k
2020: €183k
2021: €175k
2022: €187k
2023: €193k
2024: €233k
2018 → 2025
Net result
€4k▲ 99.1%
2024 · €2k
2018: €39k
2019: €-517
2020: €17k
2021: €10k
2022: €29k
2023: €23k
2024: €2k
2018 → 2025
Working capital
€100k▲ 2.2%
2024 · €98k
2018: €49k
2019: €42k
2020: €53k
2021: €60k
2022: €71k
2023: €107k
2024: €98k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€93k-€100k▲ 6.9%€123k▲ 23.1%€125k▲ 1.5%€128k▲ 2.9%
Operating result€21k-€52k▲ 154%€35k▼ 33.2%€9k▼ 74.0%€13k▲ 45.6%
Net result€10k-€29k▲ 187%€23k▼ 21.5%€2k▼ 92.1%€4k▲ 99.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 46% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €240k
Fixed assets
€60k ▼ 13.4%
Current assets
€180k ▲ 9.6%
Equity and liabilities €240k
Equity
€128k ▲ 2.9%
Debt
€111k ▲ 2.6%
Debt's share of the balance-sheet total falls from 46.5% to 46.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€29k▲
2024 · €20k
Cash flow
€20k▲
2024 · €13k
Current ratio
2.24▼
2024 · 2.46
Quick ratio
1.52▲
2024 · 1.50
Debt to equity
0.87▼
2024 · 0.87
ROE
2.8%▲
2024 · 1.5%
ROA
1.5%▲
2024 · 0.8%
Interest coverage
4.29▲
2024 · 2.17
Debt ≤ 1 year
€80k▲
2024 · €67k
Debt > 1 year
€31k▼
2024 · €42k
Income taxes
€5k▲
2024 · €2k
Staff costs
€101k▲
2024 · €91k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€233k€240k▲
Fixed assets21/28€69k€60k▼
Intangible fixed assets21€3k€1k▼
Tangible fixed assets22/27€61k€54k▼
Plant, machinery and equipment23€8k€11k▲
Furniture and vehicles24€1k€3k▲
Leasing and similar rights25€52k€40k▼
Financial fixed assets28€5k€5k=
Current assets29/58€164k€180k▲
Stocks and contracts in progress3€65k€58k▼
Stocks30/36€65k€58k▼
Amounts receivable within one year40/41€39k€45k▲
Trade receivables40€37k€35k▼
Other amounts receivable41€3k€10k▲
Current investments50/53€8k€20k▲
Cash at bank and in hand54/58€26k€36k▲
Deferred charges and accrued income490/1€26k€20k▼
Equity and liabilities
Total equity and liabilities10/49€233k€240k▲
Equity10/15€125k€128k▲
Contributions10/11€19k€19k=
Reserves13€106k€110k▲
Distributable reserves133€106k€110k▲
Amounts payable17/49€108k€111k▲
Amounts payable after more than one year17€42k€31k▼
Financial debts170/4€42k€31k▼
Amounts payable within one year42/48€67k€80k▲
Current portion of amounts payable after more than one year42€10k€11k▲
Financial debts43€25k€25k=
Credit institutions430/8€25k€25k=
Trade debts44€24k€37k▲
Suppliers440/4€24k€37k▲
Advances received on contracts in progress46€2k€2k▼
Taxes, remuneration and social security45€6k€6k▲
Taxes450/3€809€17▼
Remuneration and social security454/9€5k€6k▲
Other amounts payable47/48€80€0▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A€4k€0▼
Remuneration, social security and pensions62€91k€101k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€16k▲
Other operating charges640/8€887€2k▲
Gross operating margin9900€112k€132k▲
Operating profit (loss)9901€9k€13k▲
Financial income75/76B€4k€2k▼
Recurring financial income75€4k€2k▼
Non-recurring financial income76B€197€0▼
Financial charges65/66B€9k€7k▼
Recurring financial charges65€9k€7k▼
Profit (loss) for the period before taxes9903€3k€8k▲
Income taxes67/77€2k€5k▲
Profit (loss) for the period9904€2k€4k▲
Profit (loss) for the period to be appropriated9905€2k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€4k▲
Transfer to equity691/2€2k€4k▲
To other reserves6921€2k€4k▲
The notes to these accounts (16 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
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €123k ▲23.1%
4 profitable years in a row build equity to €123k.
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
31-12
Financial
Weakest financial yearnet €-517 ▼101%
Net result drops to €-517, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Brugge · 2 establishment units since 2014
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.
Gistelse Steenweg 4718200 BruggeGround area
3,911 m²
Building footprint
1,850 m²
Volume, LiDAR
16,591 m³
2 parcels, Flanders · tallest building 15.8 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
The Doors
since 20142.233.839.229
The Doors
since 20142.242.719.479
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31512B0238/00R000 | Flanders | 3,239 m² | 1 · 1,615 m² | 15.8 m · 2 fl. |
| 31027D0182/00R000 | Flanders | 672 m² | 1 · 234 m² | 12.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 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
VAN ISTERDAEL KOEN
BE 0651.688.560
Ninove · Eq €128,408
GYPROCA
BE 0471.558.372
Sint-Truiden · Eq €128,437
BAST
BE 0666.620.325
Riemst · Eq €128,463
L.G.T.
BE 0459.840.376
Soignies · Eq €128,325
PRO'POSE
BE 0844.935.623
Waremme · Eq €128,322
Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 7,690 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-07-2014
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
31001Manufacture of furniture
31002Manufacture of furniture
31004Manufacture of dining room, living room, bedroom and bathroom furniture
31009Manufacture of furniture
43332Laying of wooden floor and wall coverings
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.