DUCABYL
ActiveSummary
DUCABYL has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of -€30,179. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 76% of 1538 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability26▼-7
Solvency90▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75,000 at 30 days acceptable
Liquidity tight (current ratio 1.16 against 0.47 in 2024; short-term debt: 23.5% and cash: 21.7% of total assets), and 35.3% of the assets are financed with debt.
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Signals
Four 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 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
64.7%
Return on assets
-1.7%
Age of the figures
12 mo
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 16-03-2026, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
45 d early
2024
51 d early
2023
54 d early
2022
52 d early
2021
32 d early
2020
43 d early
2019
2 d 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 40 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 10 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close30-09-2026 today30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#6 oldest company in Veurne, Administrative and support services sector#9 company by total assets in Veurne, Administrative and support services sector#9 company by equity in Veurne, Administrative and support services sector
Equity
€1.2m▼ 2.5%
2024 · €1.2m
Total assets
€1.8m▼ 7.0%
2024 · €1.9m
Net result
-€30,179▼ 22.6%
2024 · -€24,611
Working capital
€66,038
2024 · -€272,331
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€172,372▲ 5,132%€101,342▼ 41.2%-€45,196-€8,207▲ 81.8%-€18,416▼ 124%
Net result€122,181above the sector's middle half€67,228above the sector's middle half▼ 45.0%-€47,461below the sector's middle half-€24,611below the sector's middle half▲ 48.1%-€30,179below the sector's middle half▼ 22.6%
Equity€1.2mabove the sector's middle half▲ 10.9%€1.3mabove the sector's middle half▲ 5.4%€1.3mabove the sector's middle half▼ 3.6%€1.2mabove the sector's middle half▼ 5.9%€1.2mabove the sector's middle half▼ 2.5%
Total assets€1.8mabove the sector's middle half▲ 8.7%€2.0mabove the sector's middle half▲ 12.0%€1.9mabove the sector's middle half▼ 2.4%€1.9mabove the sector's middle half▼ 0.8%€1.8mabove the sector's middle half▼ 7.0%
Debt€299,597▼ 1.7%€424,581▲ 41.7%€437,820▲ 3.1%€510,113▲ 16.5%€420,376▼ 17.6%
Working capital€80,478above the sector's middle half▼ 71.8%-€35,834within the sector's middle half-€235,813below the sector's middle half▼ 558%-€272,331below the sector's middle half▼ 15.5%€66,038above the sector's middle half
Solvency70.0%above the sector's middle half▲ 1.4pp65.8%above the sector's middle half▼ 4.1pp65.0%above the sector's middle half▼ 0.8pp61.7%within the sector's middle half▼ 3.3pp64.7%above the sector's middle half▲ 2.9pp
Current ratio1.27within the sector's middle half▼ 0.690.92within the sector's middle half▼ 0.350.46below the sector's middle half▼ 0.450.47below the sector's middle half=1.16within the sector's middle half▲ 0.69
Return on assets (ROA)6.9%within the sector's middle half▲ 7.3pp3.4%within the sector's middle half▼ 3.5pp-2.4%within the sector's middle half▼ 5.8pp-1.3%within the sector's middle half▲ 1.2pp-1.7%within the sector's middle half▼ 0.4pp
above
within
below
the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings.
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 stays negative: a loss of €18,416 in 2025 against €8,207 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets
€1.3m ▼ 22.7%
Current assets
€486,414 ▲ 105%
Equity and liabilities €1.8m
Equity
€1.2m ▼ 2.5%
Provisions
€212,507 ▼ 6.2%
Debt
€420,376 ▼ 17.6%
Debt's share of the balance-sheet total falls from 26.5% to 23.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€30,227▼
2024 · €58,564
Cash flow
€18,465▼
2024 · €42,160
Debt to equity
0.36▼
2024 · 0.43
ROE
-2.6%▼
2024 · -2.1%
Interest coverage
1.09▼
2024 · 1.86
Debt ≤ 1 year
€420,376▼
2024 · €510,113
Income taxes
€825▲
2024 · €412
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.1%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 8,611 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €137,520 | €0 | €50,652 | €49,186 | ▼ 2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €70,783 | €63,944 | €70,750 | €66,771 | €48,643 | ▼ 27.1% |
| Other operating charges640/8 | - | €10,115 | €10,128 | €13,816 | €8,936 | ▼ 35.3% |
| Gross operating margin9900 | €251,084 | €175,402 | €35,682 | €72,380 | €39,163 | ▼ 45.9% |
| Operating profit (loss)9901 | €172,372 | €101,342 | -€45,196 | -€8,207 | -€18,416 | ▼ 124% |
| Financial income75/76B | - | €802 | €133 | €1,386 | €2,749 | ▲ 98.4% |
| Recurring financial income75 | - | €802 | €133 | €1,386 | €2,749 | ▲ 98.4% |
| Financial charges65/66B | - | €14,175 | €16,530 | €31,509 | €27,819 | ▼ 11.7% |
| Recurring financial charges65 | €11,368 | €14,175 | €16,530 | €31,509 | €27,819 | ▼ 11.7% |
| Profit (loss) for the period before taxes9903 | €161,005 | €87,969 | -€61,593 | -€38,330 | -€43,486 | ▼ 13.5% |
| Transfer from deferred taxes780 | - | €11,781 | €14,132 | €14,132 | €14,132 | = |
| Transfer to deferred taxes680 | - | €32,522 | €0 | - | - | - |
| Income taxes67/77 | €13,940 | €0 | - | €412 | €825 | ▲ 100% |
| Profit (loss) for the period9904 | €122,181 | €67,228 | -€47,461 | -€24,611 | -€30,179 | ▼ 22.6% |
| Transfer from tax-exempt reserves789 | - | €23,907 | €30,129 | €30,129 | €30,129 | = |
| Transfer to tax-exempt reserves689 | - | €97,567 | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €30,268 | -€6,432 | -€17,332 | €5,518 | -€50 | ▼ 101% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.8m | €2.0m | €1.9m | €1.9m | €1.8m | ▼ 7.0% |
| Fixed assets21/28 | €1.4m | €1.6m | €1.7m | €1.7m | €1.3m | ▼ 22.7% |
| Tangible fixed assets22/27 | €1.4m | €1.6m | €1.7m | €1.7m | €1.3m | ▼ 22.7% |
| Land and buildings22 | - | €1.6m | €1.7m | €1.7m | €1.2m | ▼ 26.1% |
| Plant, machinery and equipment23 | - | €462 | €399 | €336 | €273 | ▼ 18.8% |
| Assets under construction and advance payments27 | - | - | - | - | €58,397 | - |
| Current assets29/58 | €378,963 | €387,880 | €202,007 | €237,782 | €486,414 | ▲ 105% |
| Amounts receivable within one year40/41 | €16,057 | €14,000 | €1,337 | €852 | €15 | ▼ 98.3% |
| Trade receivables40 | - | €1,500 | €113 | €0 | - | - |
| Other amounts receivable41 | - | €12,500 | €1,224 | €852 | €15 | ▼ 98.3% |
| Current investments50/53 | €242,992 | €193,766 | €93,687 | €94,649 | €96,573 | ▲ 2.0% |
| Cash at bank and in hand54/58 | €109,045 | €178,392 | €106,152 | €142,014 | €389,316 | ▲ 174% |
| Deferred charges and accrued income490/1 | - | €1,721 | €832 | €267 | €510 | ▲ 91.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.8m | €2.0m | €1.9m | €1.9m | €1.8m | ▼ 7.0% |
| Equity10/15 | €1.2m | €1.3m | €1.3m | €1.2m | €1.2m | ▼ 2.5% |
| Contributions10/11 | - | €500,000 | €500,000 | €500,000 | €500,000 | = |
| Reserves13 | €723,891 | €797,552 | €762,726 | €688,115 | €657,986 | ▼ 4.4% |
| Tax-exempt reserves132 | - | €594,096 | €563,967 | €533,839 | €503,710 | ▼ 5.6% |
| Distributable reserves133 | - | €203,456 | €198,758 | €154,276 | €154,276 | = |
| Profit (loss) carried forward14 | €19,067 | €12,635 | €0 | €0 | -€50 | - |
| Provisions and deferred taxes16 | €234,161 | €254,902 | €240,770 | €226,638 | €212,507 | ▼ 6.2% |
| Deferred taxes168 | - | €254,902 | €240,770 | €226,638 | €212,507 | ▼ 6.2% |
| Amounts payable17/49 | €299,597 | €424,581 | €437,820 | €510,113 | €420,376 | ▼ 17.6% |
| Amounts payable within one year42/48 | €298,485 | €423,713 | €437,820 | €510,113 | €420,376 | ▼ 17.6% |
| Trade debts44 | €3,715 | €5,563 | €2,399 | €11,946 | €5,782 | ▼ 51.6% |
| Suppliers440/4 | - | €5,563 | €2,399 | €11,946 | €5,782 | ▼ 51.6% |
| Taxes, remuneration and social security45 | - | €4,254 | €4,876 | €9,441 | €8,454 | ▼ 10.5% |
| Taxes450/3 | - | €4,254 | €4,876 | €9,441 | €8,454 | ▼ 10.5% |
| Other amounts payable47/48 | - | €413,897 | €430,545 | €488,726 | €406,140 | ▼ 16.9% |
| Accrued charges and deferred income492/3 | - | €868 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €122,181 | €67,228 | -€47,461 | -€24,611 | -€30,179 | ▼ 22.6% |
| + Depreciation and write-downs630 | €70,783 | €63,944 | €70,750 | €66,771 | €48,643 | ▼ 27.1% |
| Operating cash flow (approximation) | €192,964 | €131,172 | €23,289 | €42,160 | €18,465 | ▼ 56.2% |
| Investment in fixed assets (approximation) | - | -€267,981 | -€208,268 | -€14,547 | €334,036 | ▲ 2,396% |
| Change in cash | - | €69,348 | -€72,241 | €35,863 | €247,301 | ▲ 590% |
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
16-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Liquidity doublescurrent ratio 1.16
Current ratio from 0.47 to 1.16; short-term debt falls from €510,113 to €420,376.
10-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet -€47,461
Net result drops to -€47,461, the lowest in the series; recovery starts the following year.
09-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €122,181
Net result €122,181 after one loss-making year.
18-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Back to profitnet €140,577
Net result €140,577 after one loss-making year.
30-09
Financial
Liquidity doublescurrent ratio 1.85
Current ratio from 0.87 to 1.85.
Show earlier events
30-09
Financial
Equity above €1mEq €1.1m ▲14.2%
Equity rises from €986,925 to €1.1m.
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Veurne · 1 establishment unit since 1991
Ground area
966 m²
Building footprint
169 m²
Volume, LiDAR
1,118 m³
Parcel 38025A0057/00W011, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
DUCABYL
since 19912.051.314.230
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38025A0057/00W011 | Flanders | 965 m² | 1 · 169 m² | 11.4 m · 3 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.
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Of 228 companies in sector 77310 we hold annual accounts for 126. 67 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
Founded27-12-1990
Fiscal year end30-09
Activities, NACEBEL 2025
77310Rental and leasing activities
Contact
Phone
058314048Veurne
E-invoicing
Reachable via Peppol
Peppol ID
0208:0442605654
Also
9925:BE0442605654
Registered
02-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.