DORST
ActiveSummary
DORST has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-120k) and a net result of €261k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 108 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▲+58
Solvency19▲+19
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.09 against 1.07 in 2024; short-term debt: 52.3% and cash: 25.6% of total assets), and 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 11
Relative position
BE, all sectors
reference
Manufacture of beverages (NACE 11)
about 8% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 108 sector peers (2025).
NBB · sector comparisonPosition among 108 sector peers
Solvency
better than 24%
← 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 09-06-2026, 52 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
52 d early
2024
49 d early
2023
12 d late
2022
4 d early
2021
37 d early
2020
26 d early
2019
1 d early
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€-120k▲ 68.4%
2024 · €-381k
2018: €17k
2019: €17k● 0.0% vs 2018
2020: €-2k▼ -113% vs 2019
2021: €22k▲ +1058% vs 2020highest in 8 years
2022: €14k▼ -33.3% vs 2021
2023: €-302k▼ -2208% vs 2022
2024: €-381k▼ -26.1% vs 2023lowest in 8 years
2025: €-120k▲ +68.4% vs 2024
2018 → 2025
Total assets
€1.99M▲ 60.1%
2024 · €1.25M
2018: €240k
2019: €240k● 0.0% vs 2018
2020: €265k▲ +10.3% vs 2019
2021: €222k▼ -16.1% vs 2020lowest in 8 years
2022: €381k▲ +71.7% vs 2021
2023: €825k▲ +116% vs 2022
2024: €1.25M▲ +51.0% vs 2023
2025: €1.99M▲ +60.1% vs 2024highest in 8 years
2018 → 2025
Net result
€261k
2024 · €-79k
2018: €10k
2019: €-20k▼ -287% vs 2018
2020: €-20k● -0.0% vs 2019
2021: €21k▲ +205% vs 2020
2022: €-7k▼ -135% vs 2021
2023: €-317k▼ -4331% vs 2022lowest in 8 years
2024: €-79k▲ +75.1% vs 2023
2025: €261k▲ +431% vs 2024highest in 8 years
2018 → 2025
Working capital
€91k▲ 57.0%
2024 · €58k
2018: €55k
2019: €55k● 0.0% vs 2018
2020: €5k▼ -91.2% vs 2019
2021: €-63k▼ -1403% vs 2020
2022: €-117k▼ -85.7% vs 2021lowest in 8 years
2023: €-55k▲ +53.0% vs 2022
2024: €58k▲ +206% vs 2023
2025: €91k▲ +57.0% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€22k-€14k▼ 33.3%€-302k€-381k▼ 26.1%€-120k▲ 68.4%
2021: €22khighest in 5 years
2022: €14k▼ -33.3% vs 2021
2023: €-302k▼ -2208% vs 2022
2024: €-381k▼ -26.1% vs 2023lowest in 5 years
2025: €-120k▲ +68.4% vs 2024
Operating result€23k-€-3k€-274k▼ 10,721%€-2k▲ 99.4%€367k
2021: €23k
2022: €-3k▼ -111% vs 2021
2023: €-274k▼ -10721% vs 2022lowest in 5 years
2024: €-2k▲ +99.4% vs 2023
2025: €367k▲ +21001% vs 2024highest in 5 years
Net result€21k-€-7k€-317k▼ 4,331%€-79k▲ 75.1%€261k
2021: €21k
2022: €-7k▼ -135% vs 2021
2023: €-317k▼ -4331% vs 2022lowest in 5 years
2024: €-79k▲ +75.1% vs 2023
2025: €261k▲ +431% vs 2024highest in 5 years
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 2025: €367k after a loss of €2k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.99M
Fixed assets
€861k ▲ 132%
Current assets
€1.13M ▲ 29.5%
Key figures and ratios
EBITDA
€550k▲
2024 · €91k
Cash flow
€444k▲
2024 · €14k
Solvency
-6.0%▲
2024 · -30.6%
Current ratio
1.09▲
2024 · 1.07
Quick ratio
0.78▲
2024 · 0.67
Debt to equity
-17.57▼
2024 · -4.27
ROA
13.1%▲
2024 · -6.3%
Interest coverage
5.26▲
2024 · 1.17
Debt
€2.11M▲
2024 · €1.63M
Debt ≤ 1 year
€1.04M▲
2024 · €817k
Debt > 1 year
€1.03M▲
2024 · €770k
Income taxes
€1k▲
2024 · €1k
Staff costs
€436k▲
2024 · €326k
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€1.25M€1.99M▲
Fixed assets21/28€371k€861k▲
Intangible fixed assets21€135k€93k▼
Tangible fixed assets22/27€229k€759k▲
Plant, machinery and equipment23€160k€226k▲
Furniture and vehicles24€19k€14k▼
Leasing and similar rights25€17k€488k▲
Other tangible fixed assets26€34k€31k▼
Financial fixed assets28€7k€9k▲
Current assets29/58€875k€1.13M▲
Stocks and contracts in progress3€326k€318k▼
Stocks30/36€326k€318k▼
Amounts receivable within one year40/41€370k€293k▼
Trade receivables40€353k€270k▼
Other amounts receivable41€16k€22k▲
Cash at bank and in hand54/58€168k€510k▲
Deferred charges and accrued income490/1€11k€12k▲
Equity and liabilities
Total equity and liabilities10/49€1.25M€1.99M▲
Equity10/15€-381k€-120k▲
Contributions10/11€19k€19k=
Reserves13€655€655=
Distributable reserves133€655€655=
Profit (loss) carried forward14€-401k€-140k▲
Amounts payable17/49€1.63M€2.11M▲
Amounts payable after more than one year17€770k€1.03M▲
Financial debts170/4€770k€1.03M▲
Amounts payable within one year42/48€817k€1.04M▲
Current portion of amounts payable after more than one year42€78k€152k▲
Financial debts43€275k€325k▲
Credit institutions430/8€275k€325k▲
Trade debts44€173k€377k▲
Suppliers440/4€173k€377k▲
Taxes, remuneration and social security45€58k€46k▼
Taxes450/3€23k€4k▼
Remuneration and social security454/9€35k€41k▲
Other amounts payable47/48€233k€143k▼
Accrued charges and deferred income492/3€40k€46k▲
Income statement
Code20242025
Remuneration, social security and pensions62€326k€436k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€92k€183k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k€4k▲
Other operating charges640/8€9k€7k▼
Non-recurring operating charges66A€756€19k▲
Gross operating margin9900€430k€1.01M▲
Operating profit (loss)9901€-2k€367k▲
Financial income75/76B€1k€377▼
Recurring financial income75€1k€377▼
Financial charges65/66B€77k€105k▲
Recurring financial charges65€77k€105k▲
Profit (loss) for the period before taxes9903€-78k€262k▲
Income taxes67/77€1k€1k▲
Profit (loss) for the period9904€-79k€261k▲
Profit (loss) for the period to be appropriated9905€-79k€261k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-401k€-140k▲
Profit (loss) brought forward from the previous period14P€-322k€-401k▼
Social balance
Average headcount (FTE)9087-7.0
The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €255k | €326k | €436k | ▲ 33.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €45k | €50k | €65k | €92k | €183k | ▲ 98.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €0 | - | - | €3k | €4k | ▲ 13.5% |
| Other operating charges640/8 | €1k | €6k | €2k | €9k | €7k | ▼ 29.6% |
| Non-recurring operating charges66A | - | - | €37 | €756 | €19k | ▲ 2,394% |
| Gross operating margin9900 | €69k | €54k | €48k | €430k | €1.01M | ▲ 136% |
| Operating profit (loss)9901 | €23k | €-3k | €-274k | €-2k | €367k | ▲ 21,001% |
| Financial income75/76B | €3k | €1k | €91 | €1k | €377 | ▼ 72.5% |
| Recurring financial income75 | €3k | €1k | €91 | €1k | €377 | ▼ 72.5% |
| Financial charges65/66B | €6k | €6k | €42k | €77k | €105k | ▲ 35.3% |
| Recurring financial charges65 | €6k | €6k | €42k | €77k | €105k | ▲ 35.3% |
| Profit (loss) for the period before taxes9903 | €21k | €-7k | €-316k | €-78k | €262k | ▲ 438% |
| Income taxes67/77 | - | - | €877 | €1k | €1k | ▲ 6.7% |
| Profit (loss) for the period9904 | €21k | €-7k | €-317k | €-79k | €261k | ▲ 431% |
| Profit (loss) for the period to be appropriated9905 | €21k | €-7k | €-317k | €-79k | €261k | ▲ 431% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €222k | €381k | €825k | €1.25M | €1.99M | ▲ 60.1% |
| Formation expenses20 | €229 | €0 | €0 | - | - | - |
| Fixed assets21/28 | €134k | €163k | €312k | €371k | €861k | ▲ 132% |
| Intangible fixed assets21 | €49k | €83k | €182k | €135k | €93k | ▼ 31.4% |
| Tangible fixed assets22/27 | €83k | €78k | €129k | €229k | €759k | ▲ 232% |
| Plant, machinery and equipment23 | €59k | €57k | €79k | €160k | €226k | ▲ 41.4% |
| Furniture and vehicles24 | €11k | €10k | €22k | €19k | €14k | ▼ 25.8% |
| Leasing and similar rights25 | - | - | €21k | €17k | €488k | ▲ 2,834% |
| Other tangible fixed assets26 | €12k | €11k | €7k | €34k | €31k | ▼ 7.1% |
| Financial fixed assets28 | €2k | €2k | €2k | €7k | €9k | ▲ 30.4% |
| Current assets29/58 | €88k | €218k | €513k | €875k | €1.13M | ▲ 29.5% |
| Stocks and contracts in progress3 | €50k | €117k | €278k | €326k | €318k | ▼ 2.3% |
| Stocks30/36 | €50k | €117k | €278k | €326k | €318k | ▼ 2.3% |
| Amounts receivable within one year40/41 | €13k | €70k | €126k | €370k | €293k | ▼ 20.8% |
| Trade receivables40 | €9k | €57k | €108k | €353k | €270k | ▼ 23.5% |
| Other amounts receivable41 | €4k | €13k | €18k | €16k | €22k | ▲ 36.7% |
| Cash at bank and in hand54/58 | €15k | €30k | €101k | €168k | €510k | ▲ 203% |
| Deferred charges and accrued income490/1 | €10k | €1k | €8k | €11k | €12k | ▲ 9.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €222k | €381k | €825k | €1.25M | €1.99M | ▲ 60.1% |
| Equity10/15 | €22k | €14k | €-302k | €-381k | €-120k | ▲ 68.4% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €655 | €655 | €655 | €655 | €655 | = |
| Non-distributable reserves130/1 | €655 | €655 | €0 | - | - | - |
| Reserves not available under the articles1311 | €655 | €655 | €0 | - | - | - |
| Distributable reserves133 | - | - | €655 | €655 | €655 | = |
| Profit (loss) carried forward14 | €2k | €-5k | €-322k | €-401k | €-140k | ▲ 65.2% |
| Amounts payable17/49 | €201k | €367k | €1.13M | €1.63M | €2.11M | ▲ 29.9% |
| Amounts payable after more than one year17 | €50k | €32k | €532k | €770k | €1.03M | ▲ 33.3% |
| Financial debts170/4 | €50k | €32k | €532k | €770k | €1.03M | ▲ 33.3% |
| Amounts payable within one year42/48 | €151k | €335k | €568k | €817k | €1.04M | ▲ 27.6% |
| Current portion of amounts payable after more than one year42 | €30k | €29k | €52k | €78k | €152k | ▲ 94.5% |
| Financial debts43 | €80k | €125k | €125k | €275k | €325k | ▲ 18.2% |
| Credit institutions430/8 | €80k | €125k | €125k | €275k | €325k | ▲ 18.2% |
| Trade debts44 | €9k | €68k | €148k | €173k | €377k | ▲ 118% |
| Suppliers440/4 | €9k | €68k | €148k | €173k | €377k | ▲ 118% |
| Advances received on contracts in progress46 | €0 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €6k | €4k | €66k | €58k | €46k | ▼ 21.3% |
| Taxes450/3 | €0 | €282 | €11k | €23k | €4k | ▼ 81.2% |
| Remuneration and social security454/9 | €6k | €4k | €55k | €35k | €41k | ▲ 17.6% |
| Other amounts payable47/48 | €27k | €108k | €177k | €233k | €143k | ▼ 38.7% |
| Accrued charges and deferred income492/3 | - | - | €28k | €40k | €46k | ▲ 14.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21k | €-7k | €-317k | €-79k | €261k | ▲ 431% |
| + Depreciation and write-downs630 | €45k | €50k | €65k | €92k | €183k | ▲ 98.1% |
| Operating cash flow (approximation) | €65k | €43k | €-252k | €14k | €444k | ▲ 3,185% |
| Investment in fixed assets (approximation) | - | €-79k | €-214k | €-151k | €-673k | ▼ 345% |
| Change in cash | - | €15k | €71k | €67k | €342k | ▲ 407% |
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
Next filing, fiscal year 2026, expected by
2026
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €261k
Net result €261k after 3 loss-making years.
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
31-12
Financial
Weakest financial yearnet €-317k
Net result drops to €-317k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €21k
Net result €21k after 2 loss-making years.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Evergem · 2 establishment units since 2017
Ground area
3,846 m²
Building footprint
2,197 m²
Volume, LiDAR
3 m³
2 parcels, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
DORST BV
since 20172.265.372.444
DORST BV
since 20242.358.035.851
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44019A1329/00D000 | Flanders | 1,998 m² | 2 · 1,171 m² | 0.1 m |
| 44019A1330/00G000 | Flanders | 1,848 m² | 1 · 1,026 m² | 0.1 m |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 10 entries · 78,218 EUR awarded · 78,218 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 4,223 EUR | 4,223 EUR |
| 2024 | 3 | 8,510 EUR | 40,010 EUR |
| 2023 | 3 | 10,437 EUR | 17,397 EUR |
| 2022 | 2 | 55,048 EUR | 16,588 EUR |
Schemes
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
2 sitesEvergem2.265.372.444
Evergem2.358.035.851
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Of 274 companies in sector 11010 we hold annual accounts for 121. 74 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
Founded15-06-2017
Fiscal year end31-12
Activities, NACEBEL 2025
11010Manufacture of beverages
47252Retail sale of beverages, general range
56210Event catering
63920Other information service activities
77229Renting and leasing of other personal and household goods
Scores and ratios are computed by Checked and are not a credit decision.