Dualgorythm
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 01-06-2026 PDF all 3 filings
Every figure per financial year
The operating result for 2025 is 7% higher than in 2024 and the highest since 2023. It is the second rise in a row.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Gross operating margin9900 | €24,658 | €49,716 | €53,350 | ▲ 7.3% |
| Operating profit (loss)9901 | €24,658 | €49,716 | €53,350 | ▲ 7.3% |
| Financial income75/76B | €0 | €39 | €715 | ▲ 18× |
| Recurring financial income75 | €0 | €39 | €715 | ▲ 18× |
| Financial charges65/66B | €35 | €62 | €95 | ▲ 52.8% |
| Recurring financial charges65 | €35 | €62 | €95 | ▲ 52.8% |
| Profit (loss) for the period before taxes9903 | €24,623 | €49,692 | €53,970 | ▲ 8.6% |
| Income taxes67/77 | €4,977 | €10,588 | €11,266 | ▲ 6.4% |
| Profit (loss) for the period9904 | €19,646 | €39,104 | €42,705 | ▲ 9.2% |
| Profit (loss) for the period to be appropriated9905 | €19,646 | €39,104 | €42,705 | ▲ 9.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €34,276 | €82,034 | €133,553 | ▲ 62.8% |
| Current assets29/58 | €34,276 | €82,034 | €133,553 | ▲ 62.8% |
| Amounts receivable within one year40/41 | €11,495 | €15,366 | €33,713 | ▲ 119% |
| Trade receivables40 | €11,495 | €11,798 | €10,588 | ▼ 10.3% |
| Other amounts receivable41 | - | €3,569 | €23,126 | ▲ 548% |
| Current investments50/53 | - | €10,000 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €22,781 | €56,668 | €99,840 | ▲ 76.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €34,276 | €82,034 | €133,553 | ▲ 62.8% |
| Equity10/15 | €21,646 | €60,750 | €103,455 | ▲ 70.3% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €19,646 | €58,750 | €101,455 | ▲ 72.7% |
| Amounts payable17/49 | €12,631 | €21,284 | €30,098 | ▲ 41.4% |
| Amounts payable within one year42/48 | €11,226 | €21,144 | €30,098 | ▲ 42.4% |
| Trade debts44 | €451 | €954 | €1,052 | ▲ 10.2% |
| Suppliers440/4 | €451 | €954 | €1,052 | ▲ 10.2% |
| Taxes, remuneration and social security45 | €10,494 | €20,190 | €29,047 | ▲ 43.9% |
| Taxes450/3 | €10,494 | €17,890 | €29,047 | ▲ 62.4% |
| Remuneration and social security454/9 | - | €2,300 | €0 | ▼ 100% |
| Other amounts payable47/48 | €281 | €0 | - | - |
| Accrued charges and deferred income492/3 | €1,404 | €140 | €0 | ▼ 100% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,646 | €39,104 | €42,705 | ▲ 9.2% |
| Operating cash flow (approximation) | €19,646 | €39,104 | €42,705 | ▲ 9.2% |
| Change in cash | - | €33,886 | €43,172 | ▲ 27.4% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as Dualgorythm has now. Two years later, 95.9% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of Dualgorythm itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 39,278 companies, not a prediction for Dualgorythm. 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.