Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2024; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 33.3 to 28.3.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
DORNACH from Brussel, company number BE0413815262, closed financial year 2024 with a result of € 16,466 after tax. For that financial year DORNACH recorded a gross margin of € 2.6 million and equity of € -446,632. Compared with financial year 2023, the result moved from € 8,913 to € 16,466. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 11, 2025.
€ -446,632
▲ € 16,466 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,466
▲ 85% vs 2023
Profit after tax over the fiscal year.
€ 10,740
▼ 94% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -1.6 million.
People and assets in 2024
28.3
▼ 2.5 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 2.5 million
▼ 1% vs 2023
€ 87,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 11,161
▼ 67% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 678,109
▼ 12% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1.7 million
▲ 64% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 2,498,795 | € 2,623,397 | € 2,741,163 | € 2,558,534 | ▼ 7% |
| Profit after taxes | € 12,079 | € 17,537 | € 8,913 | € 16,466 | ▲ 85% |
| Equity | € -489,548 | € -472,011 | € -463,098 | € -446,632 | ▲ € 16,466 |
| Total debts | € 3,253,547 | € 3,134,877 | € 2,854,941 | € 2,480,489 | ▼ 13% |
| Cash | € 1,691 | € 295,024 | € 192,175 | € 10,740 | ▼ 94% |
| Retained profit | € -1,639,548 | € -1,622,011 | € -1,613,098 | € -1,596,632 | ▲ € 16,466 |
| Balance sheet total | € 2,763,999 | € 2,662,866 | € 2,391,843 | € 2,033,856 | ▼ 15% |
| Employees (FTE) | 32 | 33.3 | 30.8 | 28.3 | ▼ 2.5 |
Key figures of DORNACH, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to DORNACH?
What happened at DORNACH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
DORNACH is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: profit of € 16,466 (▲ 85% vs 2023). Source: NBB ↗
- New establishment in Welkenraedt. KBO
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,079 profit in 2021 to € 16,466 profit in 2024.
Paid € 126,207 in corporate taxes since 2021.
Best year ever: 2022, with € 17,537 profit.
On average € 90,400 of value added per employee in 2024.
Management
The stake of Ziegler comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DORNACHBehind DORNACH are Charlotte Ziegler, Diligencia Consult SRL and Alain ZIEGLER. The shares are held by Ziegler (66.7%).
Directors
According to the 2024 annual accounts
Charlotte Ziegler
Director
Also active at: COMPAGNIE ARDENNAISE DELCOURT, La Maison Suisse de Bruxelles, Universal Express, Intertrans, TRANSPORTS AHN, INTERLOGISTICS, Z IMMO
Director · represented by Diane Govaerts
Also active at: COMPAGNIE ARDENNAISE DELCOURT, D'Ieteren Group, Universal Express, Ziegler, Louis De Bie, Carga, Intertrans, Green Ocean Lines +13 more
Alain ZIEGLER
Managing director
Also active at: COMPAGNIE ARDENNAISE DELCOURT, Universal Express, Louis De Bie, Carga, Intertrans, Green Ocean Lines, Immobilière Socomanex, Dimo +14 more
Shareholders
66.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vilvoordsesteenweg 11
1120 Brussel
Rue Mitoyenne 897
4840 Welkenraedt
Active since 25 January 2005
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →Satrex
Universal Express same network
€ 5.5 million revenue · 2024
Ziegler same network
€ 129.4 million revenue · 2024
Intertrans same network
€ 62.8 million revenue · 2024
INACTRANS same network
€ 79,286 gross margin · 2024
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0413.815.262
- VAT number
- BE 0413.815.262
- Registered office
- Vilvoordsesteenweg 11, 1120 Brussel
- Names & denominations
- DORNACH
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 10 January 1974
- Peppol
- Active · Active since 28 Sept 2026
- Activities · NACE
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