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DUBO

Active
Public limited companyfounded 1989active for 36 yearsJoseph Cardijnstraat 8, 9420 Erpe-Mere, BelgiumKBO/BCE: BE 0438.983.297
Summary

DUBO has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.9m and a net result of -€16,966. Equity remains stable across the filed financial years (±1.9% per year). Its solvency ranks better than 90% of 822 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
DUBOActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of fabricated metal products, except machinery and equipment
NACE 25120Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials NACE 16250
8th largest company by equity in Erpe-Mere, Manufacturing sector2 sites
Size
€2.3mtotal assets 2025
Staff
14.4 FTE
Equity
€1.9m
Loss
-€16,966
Net result +94%: 12-month year
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
Van Durme - Van Boxstael · 90%
  • ELIAS WHEMABDirector · permanent representative Bart Elias
  • Evelien EliasDirector
  • WHEBManaging director · permanent representative Willem-Hendrik Elias
2025 accounts 22 days early2 of 5 deeds summarised
Why 95raises riskSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskLiquidity: current ratio 6.60, cash €502,733, halvedFounded in 1989Equity €1.9m (83.0% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 62% of its sector peers (NACE 25, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 83.0% of total assets
Liquidity 75-17
short-term debt 13.9% · cash 21.6%
Profitability 68+62
return on assets -0.7%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.3% (748 companies, NACE 25, small)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: 0.1%▲ +0.1 percentage points vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026highest value 06-2026: 0.2%● unchanged vs 05-2026highest value 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €180,000 on 30-day terms is acceptable
Liquidity ample (current ratio 6.6, compared with 4.15 in 2024, above the usual 1.5; short-term debt: 13.9% and cash: 21.6% of total assets), and 17% 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 25, small): better than 94% on solvency, 88% on liquidity, 41% on profitability and 28% on growth.

The bankruptcy probability was computed on 23-10-2026 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

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 6.60, cash €502,733, halved
NBB · annual accounts
lowers risk · Founded in 1989
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €1.9m (83.0% of total assets)
NBB · annual accounts
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
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 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€16,966
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
22 days early
2024
7 days early
2023
132 days early
2022
93 days early
2021
110 days early
2020
95 days early
2019
98 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 80 days before the deadline; the sector median (NACE 25) for financial year 2024 is 8 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Weakest financial yearnet -€263,863

Key points

  • Result rose in 202512-month financial year ▲ 93.6% View
  • Positive: Among the best 11% on solvencysector median 45.5% · 822 companies 83.0% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by Van Durme - Van…ultimately: ELIAS WHEMAB 90% View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€16,966 View

By topic

Financials

Financial year
2025
Total assets
€2.3m
Loss
-€16,966
Solvency
83.0%
Total assets▼ 8.9%
Net result
20192025
Go to Financials

Board & ownership

Board
3 members
Parent
Van Durme - Van… · 90%
  • ELIAS WHEMABDirector
  • Evelien EliasDirector
  • WHEBManaging director
Go to Board & ownership

Timeline

Events
42
Since
1991
Next accounts
by 31-07-2027
  1. 20-06-2024Amendment of the articles
  2. 11-03-2024Resignations: Caroline Van Boxstael, Philip Van Boxstael…
  3. 20-12-2023Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Manufacture of fabricated metal products, except machinery and…NACE 25120
Founded
06-12-1989
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
16
Annual meeting
First Monday of May at 14:00
Purpose
“Het occasioneel plaatsen van deuren de import, de export, de fabricatie, de verdeling, de…” (deed in Dutch)
Go to Articles of association

Key facts about DUBO

What is the company number of DUBO?
0438.983.297. In Belgium the VAT number is the company number with BE in front: BE 0438.983.297.
Where is DUBO based?
The registered office is at Joseph Cardijnstraat 8, 9420 Erpe-Mere.Company details
What does DUBO do?
According to the KBO register, the main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25120).
What is the legal form of DUBO?
Public limited company (NV).
When was DUBO founded?
On 06-12-1989.
Is DUBO still active?
Yes, DUBO is an active enterprise in the KBO register.
How many employees does DUBO have?
On average 14.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of DUBO?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is DUBO profitable?
In financial year 2025, DUBO made a loss of €16,966.
Where can I find the annual accounts of DUBO?
DUBO filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DUBO due?
By 31-07-2027, for financial year 2026.Timeline

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