TheDOCK
ActiveSummary
TheDOCK has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-3.76M) and a net result of €-688k. Equity is shrinking by ~21.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 9715 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability19=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 2.71 against 4.12 in 2023; short-term debt: 36.9% and cash: 0.1% of total assets), but equity is negative.
Credit check for your own amount and term
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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-41%
Return on assets
-7.5%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-3.76M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-07-2025, 20 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
20 d early
2023
29 d early
2022
45 d early
2021
72 d early
2020
36 d early
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€-3.76M▼ 22.4%
2023 · €-3.07M
Total assets
€9.16M▲ 3.2%
2023 · €8.87M
Net result
€-688k▼ 4.6%
2023 · €-658k
Working capital
€5.78M▼ 13.9%
2023 · €6.72M
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€-16k▲ 99.6%€-161k▼ 931%€-17k▲ 89.1%€-49k▼ 181%€2k
Net result€-187k▲ 95.0%€-343k▼ 83.2%€-225k▲ 34.2%€-658k▼ 192%€-688k▼ 4.6%
Equity€-1.84M▼ 10.9%€-2.19M▼ 18.6%€-2.41M▼ 10.3%€-3.07M▼ 27.3%€-3.76M▼ 22.4%
Total assets€8.28M▲ 11.7%€8.27M▼ 0.1%€8.74M▲ 5.7%€8.87M▲ 1.6%€9.16M▲ 3.2%
Debt€10.12M▲ 12.7%€10.45M▲ 3.3%€11.15M▲ 6.7%€11.94M▲ 7.1%€12.92M▲ 8.2%
Working capital€6.90M▲ 43.9%€6.85M▼ 0.8%€6.75M▼ 1.4%€6.72M▼ 0.4%€5.78M▼ 13.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €2k after a loss of €49k in 2023, the highest result in the available series.
Key figures and ratios
Solvency
-41.0%▼
2023 · -34.6%
Current ratio
2.71▼
2023 · 4.12
Quick ratio
0.01▲
2023 · 0.01
Debt to equity
-3.44▲
2023 · -3.89
ROA
-7.5%▼
2023 · -7.4%
Debt ≤ 1 year
€3.38M▲
2023 · €2.15M
Debt > 1 year
€9.49M▼
2023 · €9.72M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €138k | €3k | €53k | €1k | ▼ 97.9% |
| Gross operating margin9900 | €-115k | €-23k | €-14k | €3k | €3k | ▼ 4.6% |
| Operating profit (loss)9901 | €-16k | €-161k | €-17k | €-49k | €2k | ▲ 104% |
| Financial income75/76B | - | - | - | €27 | - | - |
| Recurring financial income75 | €0 | - | - | €27 | - | - |
| Financial charges65/66B | - | €182k | €208k | €608k | €690k | ▲ 13.4% |
| Recurring financial charges65 | €171k | €182k | €208k | €608k | €690k | ▲ 13.4% |
| Profit (loss) for the period before taxes9903 | €-187k | €-343k | €-225k | €-658k | €-688k | ▼ 4.6% |
| Profit (loss) for the period9904 | €-187k | €-343k | €-225k | €-658k | €-688k | ▼ 4.6% |
| Profit (loss) for the period to be appropriated9905 | €-187k | €-343k | €-225k | €-658k | €-688k | ▼ 4.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8.28M | €8.27M | €8.74M | €8.87M | €9.16M | ▲ 3.2% |
| Current assets29/58 | €8.28M | €8.27M | €8.74M | €8.87M | €9.16M | ▲ 3.2% |
| Stocks and contracts in progress3 | €8.04M | €8.19M | €8.72M | €8.86M | €9.11M | ▲ 2.9% |
| Stocks30/36 | - | €8.19M | €8.72M | €8.86M | €9.11M | ▲ 2.9% |
| Amounts receivable within one year40/41 | €182k | €21k | €15k | €16k | €43k | ▲ 162% |
| Trade receivables40 | - | €5k | €2k | €8k | €3k | ▼ 55.5% |
| Other amounts receivable41 | - | €16k | €12k | €8k | €39k | ▲ 363% |
| Cash at bank and in hand54/58 | €51k | €60k | €5k | €2k | €6k | ▲ 140% |
| Deferred charges and accrued income490/1 | - | - | - | €6 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8.28M | €8.27M | €8.74M | €8.87M | €9.16M | ▲ 3.2% |
| Equity10/15 | €-1.84M | €-2.19M | €-2.41M | €-3.07M | €-3.76M | ▼ 22.4% |
| Contributions10/11 | - | €2.42M | €2.42M | €2.42M | €2.42M | = |
| Profit (loss) carried forward14 | €-4.26M | €-4.61M | €-4.83M | €-5.49M | €-6.18M | ▼ 12.5% |
| Amounts payable17/49 | €10.12M | €10.45M | €11.15M | €11.94M | €12.92M | ▲ 8.2% |
| Amounts payable after more than one year17 | €8.72M | €8.95M | €9.15M | €9.72M | €9.49M | ▼ 2.4% |
| Financial debts170/4 | - | €6.35M | €6.35M | €6.35M | €4.85M | ▼ 23.6% |
| Other amounts payable178/9 | - | €2.60M | €2.80M | €3.37M | €4.64M | ▲ 37.6% |
| Amounts payable within one year42/48 | €1.38M | €1.42M | €1.99M | €2.15M | €3.38M | ▲ 56.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €1.00M | - |
| Trade debts44 | €302k | €256k | €142k | €211k | €307k | ▲ 45.7% |
| Suppliers440/4 | - | €256k | €142k | €211k | €307k | ▲ 45.7% |
| Other amounts payable47/48 | - | €1.17M | €1.85M | €1.94M | €2.07M | ▲ 6.6% |
| Accrued charges and deferred income492/3 | - | €85k | €13k | €67k | €50k | ▼ 24.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-187k | €-343k | €-225k | €-658k | €-688k | ▼ 4.6% |
| Operating cash flow (approximation) | €-187k | €-343k | €-225k | €-658k | €-688k | ▼ 4.6% |
| Change in cash | - | €9k | €-55k | €-3k | €3k | ▲ 227% |
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
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity doublescurrent ratio 6.00
Current ratio from 2.83 to 6.00; short-term debt falls from €2.62M to €1.38M.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Weakest financial yearnet €-3.73M
Net result drops to €-3.73M, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
8 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, Wijnegem · 1 establishment unit since 2015
Ground area
2.0 ha
Building footprint
516 m²
Volume, LiDAR
11,705 m³
Parcel 11050B0295/00W003, Flanders · tallest building 23.4 m, ±8 floors. Linked by address, not a title deed.
12
companies at this address
See who is registered here
1 establishment unit
TheDOCK
since 20152.242.992.267
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11050B0295/00W003 | Flanders | 2.0 ha | 1 · 516 m² | 23.4 m · 8 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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
GM Real Estate
BE 0719.767.021
Schilde · Eq €2,067,687
EQGO
BE 0455.515.760
Merchtem · Eq €2,068,109
PATNODEL
BE 0424.343.425
Ronse · Eq €2,058,178
MONS.RENOVATION
BE 0860.960.419
Mons · Eq €2,074,983
MD-BOUW
BE 0826.599.257
Lille · Eq €2,075,993
Of 9,698 companies in sector 68121 we hold annual accounts for 7,384. 2,953 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-06-2015
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
68110Buying and selling of own real estate
70200Business and other management consultancy
82100Office administrative and support services
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.