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DUBATEX

Active
Public limited companyfounded 1984active for 42 yearsDurmelaan 24, 9880 Aalter, BelgiumKBO/BCE: BE 0426.229.579
Summary

DUBATEX has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €410,180 and a net result of €1.1m. Equity is shrinking by about 10% per year across the filed financial years. Its solvency ranks better than 35% of 11,120 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Activity
Real estate activities
NACE 68204
10th oldest company in Aalter, Real estate sector1 site
Size
€2.6mtotal assets 2025
Equity
€410,180
Profit
€1.1m
Turnover not published (abbreviated format)
Financial health
80 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Parent
LCM-PROJECTS · 100%
  • DuvestDirector · permanent representative DUBAERE Charlotte
  • LCM-PROJECTSDirector · permanent representative DUBAERE Marc
Accounts 101 days early3 of 14 deeds read
Why 80raises riskLiquidity: current ratio 0.88, cash €435, halved1 change of registered office in 24 monthslowers riskSize: total assets €2.6mFounded in 1984Show the evidence

Checked score

Score 2025
80 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 38% of its sector peers (NACE 68, small)
Financial strength · tick = 2024
Average
Solvency 41-59
equity 15.9% of total assets
Liquidity 4-45
short-term debt 84.0% · cash 0.0%
Profitability 100+92
return on assets 42.1%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,979 companies, NACE 68, small)
Last 24 months 11-2024: 0.3%lowest value 12-2024: 0.4%▲ +0.1 percentage points vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 1.8%▲ +1.4 percentage points vs 02-2025 04-2025: 1.9%▲ +0.1 percentage points vs 03-2025highest value 05-2025: 1.9%● unchanged vs 04-2025highest value 06-2025: 1.9%● unchanged vs 05-2025highest value 07-2025: 1.9%● unchanged vs 06-2025highest value 08-2025: 0.5%▼ -1.4 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.6%▲ +0.1 percentage points vs 12-2025 02-2026: 0.5%▼ -0.1 percentage points vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.88, compared with 0.73 in 2024, below 1; short-term debt: 84% and cash: 0% of total assets), and 84.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small): better than 35% on solvency, 6% on liquidity, 99% on profitability and 9% on growth.

The bankruptcy probability was computed on 20-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.88, cash €435, halved
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: total assets €2.6m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1984
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 19-01-2026, 101 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
101 days early
2024
47 days early
2023
57 days early
2022
54 days early
2021
10 days early
2020
59 days early
2019
134 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 66 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 7 March (4 of the last 5 filed years within 44 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end20-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Capital & shares · RestructuringResignations: CHAMA (director) and ALVENTO…
  3. Back to profitnet €1.1m

Key points

  • Positive: Back in profit in 2025after -€76,345 in 2024 €1.1m View
  • Positive: Among the best 5% on net resultsector median €10,113 · 11,111 companies €1.1m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by LCM-PROJECTS 100% View

By topic

Financials

Financial year
2025
Total assets
€2.6m
Profit
€1.1m
Solvency
15.9%
Total assets▲ 188%
Net result
20192025
Go to Financials

Timeline

Events
47
Since
1986
Next accounts
by 30-04-2027
  1. 23-07-2025Restructuring
  2. 14-03-2025Annual accounts filed
  3. 27-02-2025Permanent representative: MARC DUBAERE
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Real estate activitiesNACE 68204
Founded
29-09-1984
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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