DODO 2017

Active

Private limited companyfounded 20179 yrs activeKoninginneplein 22, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0671.815.070

The computed 12-month bankruptcy probability of DODO 2017 is 2.2% (moderate). The 2024 annual accounts show equity of €110k and a net result of €7k. Equity is growing by ~32.6% per year across the filed fiscal years. Its solvency ranks better than 46% of 26052 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

54 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability53▼-11

Solvency53▼-10

Growth78=

Track record100

Bankruptcy probability, 12 months

2.2% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €5k at 30 days acceptable

Liquidity tight (current ratio 1.24 against 1.3 in 2023; short-term debt: 69.3% and cash: 34.8% of total assets), and 71.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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 →

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

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 2024

Solvency, return and age of the figures

Solvency

28.3%

Return on assets

1.9%

Age of the figures

21 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-09-2025, 54 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 · 8 filings

Deviation from the deadline

2025

not confirmed

2024

54 d late

2023

62 d late

2022

42 d early

2021

27 d late

2020

61 d late

2019

60 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€110k▲ 7.1%

2023 · €103k

2018: €22k 2019: €33k 2020: €45k 2021: €68k 2022: €77k 2023: €103k

2018 → 2024

Total assets

€388k▲ 44.3%

2023 · €269k

2018: €147k 2019: €140k 2020: €238k 2021: €270k 2022: €297k 2023: €269k

2018 → 2024

Net result

€7k▼ 72.2%

2023 · €26k

2018: €206 2019: €11k 2020: €12k 2021: €22k 2022: €9k 2023: €26k

2018 → 2024

Working capital

€64k▲ 49.6%

2023 · €43k

2018: €7k 2019: €23k 2020: €17k 2021: €42k 2022: €20k 2023: €43k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€45k-€68k▲ 48.9%€77k▲ 13.4%€103k▲ 34.1%€110k▲ 7.1%

Operating result€17k-€38k▲ 124%€30k▼ 21.1%€48k▲ 60.2%€30k▼ 37.0%

Net result€12k-€22k▲ 77.4%€9k▼ 59.1%€26k▲ 188%€7k▼ 72.2%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 37% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €388k

14.2%

85.8%

Fixed assets €55k▼ 33.7%

Current assets €333k▲ 79.1%

Equity and liabilities €388k

28.3%

71.7%

Equity €110k▲ 7.1%

Debt €278k▲ 67.2%

The debt ratio rises from 61.9% to 71.7%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€61k▼

2023 · €78k

Cash flow

€38k▼

2023 · €56k

Solvency

28.3%▼

2023 · 38.1%

Current ratio

1.24▼

2023 · 1.30

Quick ratio

0.57▼

2023 · 0.63

Debt / equity

2.53▲

2023 · 1.62

ROE

6.6%▼

2023 · 25.4%

ROA

1.9%▼

2023 · 9.7%

Interest coverage

3.87▼

2023 · 4.01

Debt

€278k▲

2023 · €167k

Debt ≤ 1 year

€269k▲

2023 · €143k

Debt > 1 year

€5k▼

2023 · €23k

Income taxes

€7k▲

2023 · €4k

Staff costs

€378k▲

2023 · €255k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€269k€388k▲

Fixed assets21/28€83k€55k▼

Tangible fixed assets22/27€83k€55k▼

Plant, machinery and equipment23€25k€17k▼

Furniture and vehicles24€58k€39k▼

Current assets29/58€186k€333k▲

Stocks and contracts in progress3€96k€179k▲

Stocks30/36€96k€179k▲

Amounts receivable within one year40/41€10k€14k▲

Trade receivables40€10k-

Other amounts receivable41-€14k

Cash at bank and in hand54/58€75k€135k▲

Deferred charges and accrued income490/1€6k€5k▼

Equity and liabilities

Total equity and liabilities10/49€269k€388k▲

Equity10/15€103k€110k▲

Contributions10/11€20k€20k=

Profit (loss) carried forward14€83k€90k▲

Amounts payable17/49€167k€278k▲

Amounts payable after more than one year17€23k€5k▼

Financial debts170/4€23k€5k▼

Amounts payable within one year42/48€143k€269k▲

Current portion of amounts payable after more than one year42€21k€18k▼

Trade debts44€112k€243k▲

Suppliers440/4€112k€243k▲

Taxes, remuneration and social security45€10k€8k▼

Taxes450/3€7k€975▼

Remuneration and social security454/9€3k€7k▲

Other amounts payable47/48€17€103▲

Accrued charges and deferred income492/3-€4k

Income statement Code20232024

Remuneration, social security and pensions62€255k€378k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€31k▲

Other operating charges640/8€5k€10k▲

Gross operating margin9900€338k€448k▲

Operating profit (loss)9901€48k€30k▼

Financial income75/76B€1k€22▼

Recurring financial income75€1k€22▼

Financial charges65/66B€19k€16k▼

Recurring financial charges65€19k€16k▼

Profit (loss) for the period before taxes9903€30k€15k▼

Income taxes67/77€4k€7k▲

Profit (loss) for the period9904€26k€7k▼

Profit (loss) for the period to be appropriated9905€26k€7k▼

Appropriation of the result

Profit (loss) to be appropriated9906€83k€90k▲

Profit (loss) brought forward from the previous period14P€57k€83k▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 10Financial 2Filings 8

2025

23-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 54 days late

2024

01-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 62 days late

2023

31-12

Financial Highest result since 2018net €26k ▲188%

Operating result €48k, net result €26k, both a record.

31-12

Financial Equity above €100kEq €103k ▲34.1%

6 profitable years in a row build equity to €103k.

19-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

27-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 27 days late

2021

30-09

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 61 days late

2020

29-09

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 60 days late

2019

30-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 30 days late

2018

31-08

NBB filing Annual accounts filed

fiscal year 2017 · 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

4 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, Schaarbeek · 2 establishment units since 2017

establishment All 2 establishment units on the map

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.

Koninginneplein 221030 Schaarbeek

Ground area

959 m²

Building footprint

389 m²

Volume, LiDAR

3,931 m³

2 parcels, Brussels · tallest building 22.7 m, ±1 floor. Linked by address, not a title deed.

2 establishment units

UGUR MARKET

Koninginneplein 22, 1030 SchaarbeekRetail trade

since 20172.263.224.883

UGUR MARKET

Haachtsesteenweg 140, 1030 SchaarbeekWarehousing and storage

since 20252.386.864.746

2 parcels

Brussels 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21906D0344/00K010	Brussels	571 m²	-	-
21908E0260/00A008 ProtectedMonument · Site or landscapeHuis der Kunsten - voormalig kasteel Eenens-Terlinden - en tuinSource ↗	Brussels	389 m²	1 · 389 m²	22.7 m · 1 fl.