DUCA 3
ActiveSummary
DUCA 3 has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32k and a net result of €-2k. Equity is shrinking by ~4% per year across the filed fiscal years. Its solvency ranks better than 19% of 928 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability36▼-1
Solvency35▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.11 against 1.15 in 2024; short-term debt: 90.2% and cash: 0% of total assets), and 90.2% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← 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
9.8%
Return on assets
-0.7%
Age of the figures
9 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 928 sector peers (2025).
NBB · sector comparisonPosition among 928 sector peers
Solvency
better than 19%
← weakest
strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
3 d early
2023
9 d early
2022
5 d early
2021
4 d early
2020
5 d early
2019
3 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-2k▼ 116%
2024 · €-1k
Working capital
€32k▼ 6.5%
2024 · €34k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-3k€-2k▲ 43.6%€-11k▼ 584%€-214▲ 98.0%€-6k▼ 2,877%
Net result€-5k€-4k▲ 11.7%€-11k▼ 165%€-1k▲ 91.0%€-2k▼ 116%
Equity€50k▼ 8.8%€46k▼ 8.5%€35k▼ 24.6%€34k▼ 2.9%€32k▼ 6.5%
Total assets€111k▲ 13.9%€167k▲ 50.7%€203k▲ 21.6%€258k▲ 27.3%€321k▲ 24.2%
Debt€60k▲ 43.9%€121k▲ 100%€168k▲ 39.2%€224k▲ 33.6%€289k▲ 28.9%
Working capital€50k▼ 32.2%€46k▼ 8.5%€35k▼ 24.6%€34k▼ 2.9%€32k▼ 6.5%
Staff (FTE)22=2=
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2025 against €214 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €321k
Equity
€32k ▼ 6.5%
Debt
€289k ▲ 28.9%
Debt's share of the balance-sheet total rises from 86.9% to 90.2%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.11▼
2024 · 1.15
Quick ratio
1.10▼
2024 · 1.14
Debt to equity
9.17▲
2024 · 6.65
ROE
-7.0%▼
2024 · -3.0%
ROA
-0.7%▼
2024 · -0.4%
Debt ≤ 1 year
€289k▲
2024 · €224k
Income taxes
€-5k
Staff costs
€66k▲
2024 · €58k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €26k | €53k | €72k | €58k | €66k | ▲ 12.6% |
| Other operating charges640/8 | - | - | €209 | - | €209 | - |
| Gross operating margin9900 | €23k | €51k | €61k | €58k | €59k | ▲ 2.4% |
| Operating profit (loss)9901 | €-3k | €-2k | €-11k | €-214 | €-6k | ▼ 2,877% |
| Financial charges65/66B | €513 | €523 | €651 | €810 | €836 | ▲ 3.2% |
| Recurring financial charges65 | €513 | €523 | €651 | €810 | €836 | ▲ 3.2% |
| Profit (loss) for the period before taxes9903 | €-3k | €-2k | €-11k | €-1k | €-7k | ▼ 603% |
| Income taxes67/77 | €2k | €2k | - | - | €-5k | - |
| Profit (loss) for the period9904 | €-5k | €-4k | €-11k | €-1k | €-2k | ▼ 116% |
| Profit (loss) for the period to be appropriated9905 | €-5k | €-4k | €-11k | €-1k | €-2k | ▼ 116% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €111k | €167k | €203k | €258k | €321k | ▲ 24.2% |
| Current assets29/58 | €111k | €167k | €203k | €258k | €321k | ▲ 24.2% |
| Stocks and contracts in progress3 | - | €2k | €2k | €2k | €2k | = |
| Stocks30/36 | - | €2k | €2k | €2k | €2k | = |
| Amounts receivable within one year40/41 | €108k | €165k | €200k | €256k | €314k | ▲ 22.6% |
| Trade receivables40 | €13k | €72k | €133k | €221k | €278k | ▲ 25.9% |
| Other amounts receivable41 | €95k | €93k | €67k | €35k | €35k | ▲ 1.6% |
| Cash at bank and in hand54/58 | €2k | €272 | €652 | €173 | €139 | ▼ 19.6% |
| Deferred charges and accrued income490/1 | - | - | - | €276 | €5k | ▲ 1,711% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €111k | €167k | €203k | €258k | €321k | ▲ 24.2% |
| Equity10/15 | €50k | €46k | €35k | €34k | €32k | ▼ 6.5% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Outside capital11 | €6k | €6k | €6k | €6k | €6k | = |
| Share premium1100/10 | €6k | €6k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €44k | €40k | €29k | €28k | €25k | ▼ 8.0% |
| Amounts payable17/49 | €60k | €121k | €168k | €224k | €289k | ▲ 28.9% |
| Amounts payable within one year42/48 | €60k | €121k | €168k | €224k | €289k | ▲ 28.9% |
| Trade debts44 | €12k | €7k | €19k | €8k | €15k | ▲ 85.2% |
| Suppliers440/4 | €12k | €7k | €19k | €8k | €15k | ▲ 85.2% |
| Taxes, remuneration and social security45 | €977 | €861 | €861 | - | - | - |
| Taxes450/3 | €977 | €861 | €861 | - | - | - |
| Other amounts payable47/48 | €48k | €113k | €148k | €216k | €274k | ▲ 26.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-5k | €-4k | €-11k | €-1k | €-2k | ▼ 116% |
| Operating cash flow (approximation) | €-5k | €-4k | €-11k | €-1k | €-2k | ▼ 116% |
| Change in cash | - | €-2k | €380 | €-480 | €-34 | ▲ 93.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €399k
Net result €399k after 2 loss-making years.
31-12
Financial
Liquidity times 410current ratio 4.26
Current ratio from 0.01 to 4.26; short-term debt falls from €1.48M to €23k.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €-278k
Net result drops to €-278k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Tournai · 1 establishment unit since 2015
Ground area
1,541 m²
Building footprint
930 m²
Volume, LiDAR
6,024 m³
Parcel 57031B0400/00S000, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DUCA 3
since 20152.241.469.961
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57031B0400/00S000 | Wallonia | 1,541 m² | 1 · 930 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
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ID PROJECTEN
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Of 24,515 companies in sector 82990 we hold annual accounts for 9,413. 6,426 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-02-2015
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
82990Other business support services
68122Development of non-residential building projects
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.