DUARTE CONSTRUCTION
ActiveThe annual accounts of DUARTE CONSTRUCTION for fiscal year 2025 show a net loss of 97% of the equity at the start of that year. The 2025 annual accounts show equity of €819 and a net result of €-27k. Equity is growing by ~22.5% per year across the filed fiscal years. Its solvency ranks better than 14% of 10345 sector peers (fiscal year 2025). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
31
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability7▼-58
Solvency25▼-12
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.98 against 1.04 in 2024; short-term debt: 99.7% and cash: 3.4% of total assets), and 99.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
0.3%
Return on assets
-9.5%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-27k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 10345 sector peers (2025).
NBB · sector comparisonPosition among 10345 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
61 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
10 d late
2019
24 d late
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€819▼ 97.0%
2024 · €28k
2018: €-5k
2019: €3k
2020: €21k
2021: €20k
2022: €28k
2023: €34k
2024: €28k
2018 → 2025
Total assets
€283k▲ 19.7%
2024 · €236k
2018: €80k
2019: €129k
2020: €210k
2021: €196k
2022: €254k
2023: €235k
2024: €236k
2018 → 2025
Net result
€-27k▼ 294%
2024 · €-7k
2018: €1k
2019: €8k
2020: €18k
2021: €-932
2022: €8k
2023: €7k
2024: €-7k
2018 → 2025
Working capital
€-6k
2024 · €9k
2018: €-3k
2019: €-3k
2020: €2k
2021: €-11k
2022: €-17k
2023: €-2k
2024: €9k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€28k▲ 38.3%€34k▲ 23.5%€28k▼ 19.8%€819▼ 97.0%
Operating result€-19k-€30k€-6k€15k€-20k
Net result€-932-€8k€7k▼ 15.1%€-7k€-27k▼ 294%
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 turns negative in 2025: a loss of €20k after €15k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €283k
Fixed assets
€7k▼ 64.8%
Current assets
€276k▲ 27.4%
Equity and liabilities €283k
Equity
€819▼ 97.0%
Debt
€282k▲ 35.1%
The debt ratio rises from 88.3% to 99.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-7k▼
2024 · €32k
Cash flow
€-14k▼
2024 · €11k
Solvency
0.3%▼
2024 · 11.7%
Current ratio
0.98▼
2024 · 1.04
Quick ratio
0.84▼
2024 · 0.92
ROA
-9.5%▼
2024 · -2.9%
Interest coverage
-17.82▼
2024 · 80.37
Debt
€282k▲
2024 · €209k
Debt ≤ 1 year
€282k▲
2024 · €208k
Income taxes
€6k
Staff costs
€119k▲
2024 · €119k
Equity ratios withheld: equity of €819 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€236k€283k▲
Fixed assets21/28€20k€7k▼
Tangible fixed assets22/27€20k€7k▼
Plant, machinery and equipment23€5k€2k▼
Furniture and vehicles24€15k€5k▼
Current assets29/58€217k€276k▲
Stocks and contracts in progress3€25k€40k▲
Stocks30/36€25k€40k▲
Amounts receivable within one year40/41€175k€142k▼
Trade receivables40€139k€110k▼
Other amounts receivable41€36k€32k▼
Cash at bank and in hand54/58€9k€10k▲
Deferred charges and accrued income490/1€8k€85k▲
Equity and liabilities
Total equity and liabilities10/49€236k€283k▲
Equity10/15€28k€819▼
Contributions10/11€7k€7k=
Outside capital11€7k€7k=
Other1109/19€7k€7k=
Reserves13€14k€14k=
Tax-exempt reserves132€7k€7k=
Distributable reserves133€7k€7k=
Profit (loss) carried forward14€7k€-20k▼
Amounts payable17/49€209k€282k▲
Amounts payable within one year42/48€208k€282k▲
Current portion of amounts payable after more than one year42€615€615=
Trade debts44€181k€279k▲
Suppliers440/4€181k€279k▲
Taxes, remuneration and social security45€26k€3k▼
Taxes450/3€8k€3k▼
Remuneration and social security454/9€18k-
Accrued charges and deferred income492/3€1k-
Income statement
Code20242025
Remuneration, social security and pensions62€119k€119k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€13k▼
Other operating charges640/8€4k€3k▼
Gross operating margin9900€156k€115k▼
Operating profit (loss)9901€15k€-20k▼
Financial income75/76B€7k€80▼
Recurring financial income75€683€80▼
Non-recurring financial income76B€6k€80▼
Financial charges65/66B€29k€694▼
Recurring financial charges65€400€409▲
Non-recurring financial charges66B€28k€285▼
Profit (loss) for the period before taxes9903€-7k€-21k▼
Income taxes67/77-€6k
Profit (loss) for the period9904€-7k€-27k▼
Profit (loss) for the period to be appropriated9905€-7k€-27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€-20k▼
Profit (loss) brought forward from the previous period14P€14k€7k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2020
31-12
Financial
Highest result since 2018net €18k ▲114%
Net result €18k, the highest in the series.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Herve · 1 establishment unit since 2000
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Nazareth 304651 HerveGround area
3,593 m²
Building footprint
1,323 m²
Volume, LiDAR
6,975 m³
Parcel 63006D0328/00P002, Wallonia · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue Nazareth 30, 4651 Herve
since 20002.096.616.297
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63006D0328/00P002 | Wallonia | 3,593 m² | 1 · 1,323 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
NEW TECHNOLOGY BUILDING
BE 0880.960.829
Pelt · Eq €813
ANYCOLOR
BE 0777.939.208
Anderlecht · Eq €867
Eco Ramen
BE 0756.532.890
Edegem · Eq €736
E.V.K.
BE 0469.053.495
Sint-Gillis (bij-Brussel) · Eq €917
MARKETECH
BE 0736.861.884
Schilde · Eq €689
Of 1,720 companies in sector 47521 we hold annual accounts for 1,288. 45 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-01-2000
Fiscal year end31-12
Activities, NACEBEL
43350Other building finishing work
47521Retail sale of hardware, building materials, paint and glass (general range)
52461
46831Wholesale of construction materials, general range
51532
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.