What does DONARCO do?

DONARCO is registered with the CBE as active in: Activiteiten van holdings. Public Limited, started on 19 March 2020, 1 establishment.

What is the address of DONARCO?

The registered office of DONARCO is located at Scheldelindeweg 5, 9052 Gent.

Is DONARCO still active?

Yes. According to the CBE (29 October 2026) DONARCO is active, legal situation “Normale toestand”, started on 19 March 2020.

Is DONARCO registered on Peppol?

Yes, DONARCO is registered on the Peppol network with ID 0208:0745536060.

What is the enterprise number of DONARCO?

The enterprise number of DONARCO is BE0745536060.

When was DONARCO founded?

DONARCO was founded on 19 March 2020.

Who are the directors of DONARCO?

According to the 2025 annual accounts, the directors of DONARCO are: Rik Jacob BV, G4G-Invest BV, Arkeus Beheer Comm.V, ADC Consult Comm.V, DB-Capital Beheer BV.

Is DONARCO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 March 2020; 5 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account.

How much profit did DONARCO make in 2025?

DONARCO posted a profit after taxes of € 261,665 in financial year 2025.

What is the revenue of DONARCO?

In its most recent annual accounts (2025), DONARCO reported revenue of € 3,572,617.

How much does an employee at DONARCO earn?

The average wage cost per full-time employee at DONARCO was € 111,000 in 2025: staff costs of € 1.7 million for 14.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does DONARCO have?

According to the 2025 annual accounts, DONARCO has 14.9 full-time equivalents (FTE).

DONARCO (Public Limited) - Gent - BE0745536060

Dossier DONARCO, printed on 29 October 2026 from databakkes.be/en/0745536060/donarco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

25 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

DONARCO from Gent, company number BE0745536060, closed financial year 2025 with a result of € 261,665 after tax. For that financial year DONARCO recorded revenue of € 3.6 million and equity of € 28.3 million. Compared with financial year 2024, the result moved from € 522,755 to € 261,665. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.

What it is worth Growing

€ 28.3 million

▲ 1% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 261,665

▼ 50% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 148,984

▼ 29% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 14.6 million.

People and assets in 2025

Full-time equivalents

14.9

▲ 2.9 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 1.7 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 1.7 million

▲ 33% vs 2024

€ 111,000 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.

Vehicles and equipment

€ 8,370

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 8 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 8.9 million

▲ 7% vs 2024

€ 1.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 211,041

▲ 78% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 44 days on average.

Taxes and wages

€ 257,732

▲ 27% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 1,619,331 Revenue 2022: € 1,619,331 First fiscal year in the series	€ 2,306,307 Revenue 2023: € 2,306,307 ▲ 42% vs 2022 (€ 1,619,331) Favourable step	€ 2,915,720 Revenue 2024: € 2,915,720 ▲ 26% vs 2023 (€ 2,306,307) Favourable step	€ 3,572,617 Revenue 2025: € 3,572,617 ▲ 23% vs 2024 (€ 2,915,720) Favourable step	▲ 23%
Profit after taxes	€ 1,025,317 Profit after taxes 2022: € 1,025,317 First fiscal year in the series	€ 2,583,130 Profit after taxes 2023: € 2,583,130 ▲ 152% vs 2022 (€ 1,025,317) Favourable step	€ 522,755 Profit after taxes 2024: € 522,755 ▼ 80% vs 2023 (€ 2,583,130) Unfavourable step	€ 261,665 Profit after taxes 2025: € 261,665 ▼ 50% vs 2024 (€ 522,755) Unfavourable step	▼ 50%
Equity	€ 24,882,013 Equity 2022: € 24,882,013 First fiscal year in the series	€ 27,465,143 Equity 2023: € 27,465,143 ▲ 10% vs 2022 (€ 24,882,013) Favourable step	€ 27,998,657 Equity 2024: € 27,998,657 ▲ 2% vs 2023 (€ 27,465,143) Favourable step	€ 28,260,322 Equity 2025: € 28,260,322 ▲ 1% vs 2024 (€ 27,998,657) Favourable step	▲ 1%
Total debts	€ 10,634,460 Total debts 2022: € 10,634,460 First fiscal year in the series	€ 9,995,099 Total debts 2023: € 9,995,099 ▼ 6% vs 2022 (€ 10,634,460) Favourable step	€ 8,863,403 Total debts 2024: € 8,863,403 ▼ 11% vs 2023 (€ 9,995,099) Favourable step	€ 9,623,023 Total debts 2025: € 9,623,023 ▲ 9% vs 2024 (€ 8,863,403) Unfavourable step	▲ 9%
Cash	€ 110,956 Cash 2022: € 110,956 First fiscal year in the series	€ 173,218 Cash 2023: € 173,218 ▲ 56% vs 2022 (€ 110,956) Favourable step	€ 210,166 Cash 2024: € 210,166 ▲ 21% vs 2023 (€ 173,218) Favourable step	€ 148,984 Cash 2025: € 148,984 ▼ 29% vs 2024 (€ 210,166) Unfavourable step	▼ 29%
Retained profit	€ 11,242,727 Retained profit 2022: € 11,242,727 First fiscal year in the series	€ 13,825,858 Retained profit 2023: € 13,825,858 ▲ 23% vs 2022 (€ 11,242,727) Favourable step	€ 14,348,613 Retained profit 2024: € 14,348,613 ▲ 4% vs 2023 (€ 13,825,858) Favourable step	€ 14,610,277 Retained profit 2025: € 14,610,277 ▲ 2% vs 2024 (€ 14,348,613) Favourable step	▲ 2%
Bank debt	€ 10,092,500 Bank debt 2022: € 10,092,500 First fiscal year in the series	€ 9,265,500 Bank debt 2023: € 9,265,500 ▼ 8% vs 2022 (€ 10,092,500) Favourable step	€ 8,352,913 Bank debt 2024: € 8,352,913 ▼ 10% vs 2023 (€ 9,265,500) Favourable step	€ 8,939,282 Bank debt 2025: € 8,939,282 ▲ 7% vs 2024 (€ 8,352,913) Unfavourable step	▲ 7%
Balance sheet total	€ 35,516,473 Balance sheet total 2022: € 35,516,473 First fiscal year in the series	€ 37,460,242 Balance sheet total 2023: € 37,460,242 ▲ 5% vs 2022 (€ 35,516,473) Unchanged	€ 36,862,060 Balance sheet total 2024: € 36,862,060 ▼ 2% vs 2023 (€ 37,460,242) Unchanged	€ 37,936,345 Balance sheet total 2025: € 37,936,345 ▲ 3% vs 2024 (€ 36,862,060) Unchanged	▲ 3%
Employees (FTE)	4.8 Employees (FTE) 2022: 4.8 First fiscal year in the series	7.5 Employees (FTE) 2023: 7.5 ▲ 2.7 vs 2022 (4.8) Unchanged	12 Employees (FTE) 2024: 12 ▲ 4.5 vs 2023 (7.5) Unchanged	14.9 Employees (FTE) 2025: 14.9 ▲ 2.9 vs 2024 (12) Unchanged	▲ 2.9

Key figures of DONARCO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to DONARCO?

What happened at DONARCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 7, 2026 New annual accounts for financial year 2025: profit of € 261,665 (▼ 50% vs 2024). Source: NBB ↗
2026 Rik Jacob BV stepped down as director. NBB
2026 G4G-Invest BV stepped down as director. NBB
2026 Arkeus Beheer Comm.V stepped down as director. NBB
2026 ADC Consult Comm.V stepped down as director. NBB
2026 DB-Capital Beheer BV stepped down as director. NBB
2020 Rik Jacob BV became a director. NBB
Mar 27, 2020 New establishment in Gent. KBO

In short

From € 1 million profit in 2022 to € 261,665 profit in 2025.

Paid € 17,955 in corporate taxes since 2022.

Best year ever: 2023, with € 2.6 million profit.

Pays suppliers within 44 days on average.

Original PDFs at the National Bank ↗

Management

DOVESCO INVESTERINGSVEHIKEL II 47.2%

The stake of DOVESCO INVESTERINGSVEHIKEL II comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

DONARCO

Narviflex 100%

Immo Narviflex 100%

Tip Top Belting 100%

Bandtransport Europe 100%

The shares are held by DOVESCO INVESTERINGSVEHIKEL II (47.2%). It owns 100% of Narviflex, 100% of Immo Narviflex, 100% of Tip Top Belting and 100% of Bandtransport Europe itself.