Turnover
≈ €200,000 estimated
The micro format states no turnover.
DUAL BE
Lifetime
3 annual accounts with figures on one time axispeak €66,040 (2024)
€64,978▼ 1.6%
lowest -€13,728 (2023)
€7,118▼ 44.2%
peak €31,139 (2025)
€31,139▲ 29.6%
€441,733▲ 447%
Board2 names since 2023
1 director
Documentsfilings and deeds
30-06-2026on the last day
2025micro format
Result from €12,748 to €7,118Equity from €24,020 to €31,139Debts from €80,695 to €441,733Cash from €33,841 to €198,696
Key points
from the 2025 annual accountsDebts
€441,733 93% of the balance sheet
Suppliers 81%Taxes and wages 2%Other 16%
Position in the sector
6.6%
Lower solvency than 82% of companies in electrical equipment. Sector median 49.4% · 284 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,514 companies had the same profile as DUAL BE has now. Each dot stands for 4 companies, two years later.
95.7%
were still trading
1.6%
stopped another way
2.4%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,514 companies, not a prediction for DUAL BE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0802647482
Registered office moved from Lokeren to Dendermonde
New registered office: Mechelsesteenweg 328 Bus O, 9200 Dendermonde · Previous registered office: Oude Heerweg 2, 9160 Lokeren · Appointment: (legal representative) · General meeting of 26-01-2024 · Gazette deed
Incorporation
Founding capital of €25,000, 250 shares · Founder: · Appointment: (director) · published on 14-06-2023 · Gazette deed
First establishment
Mechelsesteenweg 328, Dendermonde
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DUAL BE Dendermonde | €472,871 | €64,978 | 6.6% | - |
| JULLIGHT Aalter | €639,371 | €141,212 | 48.5% | - |
| LLLL Tielt-Winge | €388,854 | €283,041 | 86.7% | - |
| Projack Puurs-Sint-Amands | €187,967 | €37,508 | 17.4% | - |
| TECHWORKS Tielt | €374,139 | €50,169 | 27.3% | - |
| 3-SIXTIE Halen | €829,835 | €154,499 | 29.1% | - |
| ADVANCE NEON Faimes | €341,988 | €81,990 | 6.9% | - |
These companies have their main activity in the same NACE class as DUAL BE: manufacture of electrical equipment (NACE 2740). With exactly the same main activity (NACE 27401), too few companies are of comparable size. They are comparable in size and age: total assets between €188,000 and €830,000, founded between 2019 and 2024.
Official details
Source: KBO- Status
- Active since 12-06-2023Normal situation
- Registered office
- 10 active companies are registered at this addressSource: KBO register, as of 13 November 2026.
- Activity
- Manufacture of electrical equipmentNACE 27401and 2 others
- Establishment unit
- 2.346.205.6139200 Dendermonde, since 12-06-2023
- Financial year end
- 30 November
- Peppol
- Reachable since 10-12-2025
Annual accounts to 30-11-2025
- €472,871▲ 352%
- Filing
- Filed on 30-06-2026, on the last day of the filing period
Insights on DUAL BE
DUAL BE files the micro format. That format states no turnover. The gross margin rose from -€6,206 in 2023 to €64,978 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DUAL BE
- What is the company number of DUAL BE?
- The company number of DUAL BE is 0802.647.482. The VAT number is the same number with BE in front: BE 0802.647.482.
- Where is DUAL BE based?
- The registered office is at Mechelsesteenweg 328, 9200 Dendermonde.Company details
- What does DUAL BE do?
- According to the KBO register, the main activity is manufacture of electrical equipment (NACE 27401).
- What is the legal form of DUAL BE?
- DUAL BE is a private limited company (BV).
- When was DUAL BE founded?
- DUAL BE was founded on 12-06-2023.
- Is DUAL BE still active?
- Yes, DUAL BE is an active enterprise in the KBO register.
- What is the turnover of DUAL BE?
- The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €64,978 and 2,662 comparable companies of the same size. It probably lies between €130,000 and €340,000. It is a rough estimate.Financials
- Is DUAL BE profitable?
- In financial year 2025, DUAL BE made a profit of €7,118.
- Where can I find the annual accounts of DUAL BE?
- DUAL BE filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DUAL BE due?
- DUAL BE must file the annual accounts for financial year 2026 by 30-06-2027.Timeline
Next steps
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