DONATO
ActiveDONATO has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.27M and a net result of €17k. Equity is growing by ~14.5% per year across the filed fiscal years. Its solvency ranks better than 57% of 576 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
79
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability7▼-12
Solvency84▼-2
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 3.6 against 3.75 in 2023), but 59.5% 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
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
40.5%
Return on assets
0.5%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
36 d early
2022
99 d late
2021
135 d late
2020
135 d late
2019
69 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€17k▼ 64.2%
2023 · €47k
2018: €-2k
2019: €160k
2020: €327k
2021: €226k
2022: €113k
2023: €47k
2018 → 2024
Working capital
€1.86M▲ 1.3%
2023 · €1.84M
2018: €1.13M
2019: €1.34M
2020: €1.62M
2021: €1.72M
2022: €1.80M
2023: €1.84M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€873k-€1.10M▲ 25.9%€1.21M▲ 10.3%€1.26M▲ 3.9%€1.27M▲ 1.0%
Operating result€461k-€326k▼ 29.3%€171k▼ 47.5%€89k▼ 47.8%€43k▼ 51.4%
Net result€327k-€226k▼ 30.8%€113k▼ 49.9%€47k▼ 58.7%€17k▼ 64.2%
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2024 is 51% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.14M
Fixed assets
€560k▲ 16.8%
Current assets
€2.58M▲ 2.8%
Equity and liabilities €3.14M
Equity
€1.27M▲ 1.0%
Debt
€1.87M▲ 8.1%
The debt ratio rises from 57.8% to 59.5%: debt grows faster than equity.
Key figures and ratios
EBITDA
€150k▼
2023 · €164k
Cash flow
€123k▲
2023 · €121k
Solvency
40.5%▼
2023 · 42.2%
Current ratio
3.60▼
2023 · 3.75
Quick ratio
3.19▼
2023 · 3.60
Debt / equity
1.47▲
2023 · 1.37
ROE
1.3%▼
2023 · 3.7%
ROA
0.5%▼
2023 · 1.6%
Interest coverage
13.42▲
2023 · 9.09
Debt
€1.87M▲
2023 · €1.73M
Debt ≤ 1 year
€717k▲
2023 · €669k
Debt > 1 year
€1.15M▲
2023 · €1.06M
Income taxes
€18k▼
2023 · €25k
Staff costs
€547k▲
2023 · €429k
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€2.99M€3.14M▲
Formation expenses20€0€0=
Fixed assets21/28€479k€560k▲
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€473k€549k▲
Land and buildings22€398k€369k▼
Plant, machinery and equipment23€17k€30k▲
Furniture and vehicles24€58k€150k▲
Leasing and similar rights25€0€0=
Financial fixed assets28€6k€11k▲
Current assets29/58€2.51M€2.58M▲
Stocks and contracts in progress3€99k€292k▲
Stocks30/36€99k€292k▲
Amounts receivable within one year40/41€2.36M€2.22M▼
Trade receivables40€299k€342k▲
Other amounts receivable41€2.06M€1.87M▼
Cash at bank and in hand54/58€24k€44k▲
Deferred charges and accrued income490/1€25k€27k▲
Equity and liabilities
Total equity and liabilities10/49€2.99M€3.14M▲
Equity10/15€1.26M€1.27M▲
Contributions10/11€170k€165k▼
Capital10€155k€155k=
Issued capital100€155k€155k=
Outside capital11€15k€10k▼
Share premium1100/10€15k€10k▼
Reserves13€221k€221k=
Non-distributable reserves130/1€16k€16k=
Legal reserve130€16k€16k=
Distributable reserves133€205k€205k=
Profit (loss) carried forward14€869k€886k▲
Amounts payable17/49€1.73M€1.87M▲
Amounts payable after more than one year17€1.06M€1.15M▲
Financial debts170/4€14k€106k▲
Advances received on contracts in progress176€1.04M€1.04M▼
Amounts payable within one year42/48€669k€717k▲
Current portion of amounts payable after more than one year42€24k€36k▲
Financial debts43€21k€21k▲
Credit institutions430/8€21k€21k▲
Trade debts44€277k€125k▼
Suppliers440/4€277k€125k▼
Advances received on contracts in progress46-€500
Taxes, remuneration and social security45€337k€409k▲
Taxes450/3€56k€75k▲
Remuneration and social security454/9€280k€334k▲
Other amounts payable47/48€11k€125k▲
Accrued charges and deferred income492/3-€2k
Income statement
Code20232024
Non-recurring operating income76A€186-
Remuneration, social security and pensions62€429k€547k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74k€107k▲
Other operating charges640/8€25k€18k▼
Gross operating margin9900€618k€715k▲
Operating profit (loss)9901€89k€43k▼
Financial income75/76B€337€2k▲
Recurring financial income75€337€2k▲
Financial charges65/66B€18k€11k▼
Recurring financial charges65€18k€11k▼
Profit (loss) for the period before taxes9903€72k€34k▼
Income taxes67/77€25k€18k▼
Profit (loss) for the period9904€47k€17k▼
Profit (loss) for the period to be appropriated9905€47k€17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€869k€886k▲
Profit (loss) brought forward from the previous period14P€822k€869k▲
Social balance
Average headcount (FTE)908715.718.6▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 60 days late
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
07-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 99 days late
2022
13-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 135 days late
2021
31-12
Financial
Equity above €1MEq €1.10M ▲25.9%
3 profitable years in a row build equity to €1.10M.
13-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 135 days late
2020
31-12
Financial
Highest result since 2018net €327k ▲104%
Operating result €461k, net result €327k, both a record.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 69 days late
2019
31-12
Financial
Back to profitnet €160k
Net result €160k after one loss-making year.
31-12
Financial
Equity above €500kEq €546k ▲41.4%
Equity rises from €386k to €546k.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 56 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 59 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, La Louvière · 4 establishment units since 1994
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.
Rue Victor Garin(L.L) 557100 La LouvièreGround area
1,883 m²
Building footprint
324 m²
Volume, LiDAR
2,183 m³
4 parcels, Wallonia · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
4 establishment units
Rue Victor Garin(L.L) 55, 7100 La Louvière
since 19942.067.739.003
Rue de la Flache(L.L) 55 5, 7100 La Louvière
since 19942.067.739.102
Rue Emile Urbain(S-V) 38, 7100 La Louvière
since 19942.067.739.201
Rue Victor Garin(L.L) 57, 7100 La Louvière
since 19942.067.739.397
4 parcels
Wallonia
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55022A0321/00D002 | Wallonia | 976 m² | 1 · 48 m² | 11.1 m · 3 fl. |
| 55038D0141/00W003 | Wallonia | 431 m² | 1 · 80 m² | - |
| 55373B0040/00N008 | Wallonia | 303 m² | 1 · 159 m² | 10.8 m · 3 fl. |
| 55373B0040/00C008 | Wallonia | 172 m² | 1 · 36 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 3
4 of 4 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
Jean-Luc Denuit
BE 0452.107.496
Pont-à-Celles · Eq €1.27M
BW FUNERAL
BE 0792.850.284
Waterloo · Eq €1.28M
DIRK BROES
BE 0463.257.845
Duffel · Eq €1.29M
POMPES FUNEBRES HENDRICK
BE 0472.630.124
Péruwelz · Eq €1.25M
POMPES FUNEBRES DELARBRE
BE 0477.200.507
Lincent · Eq €1.30M
Of 898 companies in sector 96301 we hold annual accounts for 610. 436 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded06-09-1991
Fiscal year end31-12
Activities, NACEBEL
93031
96301Funeral services
47761Retail sale of flowers, plants, seeds and fertilisers
52483
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.