DORON MANAGEMENT BV
ActiveDORON MANAGEMENT BV is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (€-242k) and a net result of €-48k. Equity is shrinking by ~91.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 5424 sector peers (fiscal year 2025). The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 5424 sector peers (2025).
NBB · sector comparisonPosition among 5424 sector peers
Solvency
better than 5%
← weakest
strongest →
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
8 d early
2023
29 d early
2022
32 d early
2021
31 d early
2020
5 d early
2019
3 d early
← 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
06-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-242k▼ 24.8%
2024 · €-194k
2020: €638k
2021: €821k
2022: €192k
2023: €156k
2024: €-194k
2020 → 2025
Net result
€-48k▲ 86.3%
2024 · €-350k
2020: €10k
2021: €184k
2022: €-27k
2023: €-36k
2024: €-350k
2020 → 2025
Total assets
€492k▲ 2.5%
2024 · €479k
2020: €1.07M
2021: €1.05M
2022: €896k
2023: €870k
2024: €479k
2020 → 2025
Solvency
-49.3%▼ 8.8pp
2024 · -40.5%
2020: 59.7%
2021: 78.4%
2022: 21.5%
2023: 18.0%
2024: -40.5%
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€821k-€192k▼ 76.6%€156k▼ 18.7%€-194k€-242k▼ 24.8%
Operating result€279k-€-21k€-25k▼ 18.9%€-18k▲ 26.2%€-33k▼ 80.8%
Net result€184k-€-27k€-36k▼ 32.9%€-350k▼ 874%€-48k▲ 86.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €33k in 2025 against €18k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €492k
Fixed assets
€484k▲ 3.5%
Current assets
€8k▼ 36.2%
Key figures and ratios
Solvency
-49.3%▼
2024 · -40.5%
ROE
19.9%▼
2024 · 180.6%
ROA
-9.8%▲
2024 · -73.1%
Debt
€662k▲
2024 · €602k
Debt ≤ 1 year
€581k▲
2024 · €569k
Debt > 1 year
€78k▲
2024 · €30k
Income taxes
€810▼
2024 · €1k
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
Total assets
20/58€479k€492k▲
Fixed assets
21/28€467k€484k▲
Tangible fixed assets
22/27€27k€44k▲
Financial fixed assets
28€440k€440k=
Current assets
29/58€12k€8k▼
Amounts receivable within one year
40/41€529€2k▲
Cash & bank
54/58€10k€4k▼
Total equity & liabilities
10/49€479k€492k▲
Equity
10/15€-194k€-242k▼
Contributions / capital
10/11€9k€9k=
Reserves
13€211k€211k=
Accumulated profits (losses)
14€-413k€-462k▼
Provisions & deferred taxes
16€72k€72k=
Amounts payable
17/49€602k€662k▲
Amounts payable after one year
17€30k€78k▲
Amounts payable within one year
42/48€569k€581k▲
Trade debts payable within one year
44€2k€1k▼
Income statement
Code20242025
Gross operating margin
9900€-7k€-22k▼
Operating result
9901€-18k€-33k▼
Financial income
75€31k€0▼
Financial charges
65€362k€15k▼
Result before taxes
9903€-349k€-47k▲
Income taxes
67/77€1k€810▼
Net result for the period
9904€-350k€-48k▲
Result to be appropriated
9905€-350k€-48k▲
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-350k
Net result drops to €-350k, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
14-02
State Gazette act
Director changes
Luc Dejongh
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2020net €184k ▲1685%
Operating result €279k, net result €184k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.72
Current ratio from 0.72 to 1.72; short-term debt falls from €137k to €124k.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
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Of 24,645 companies in sector 64210 we hold annual accounts for 19,555. 13,184 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-10-1996
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
74151
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 26-07-2026. Scores and ratios are computed by Checked and are not a credit decision.