DUCAD
ActiveSummary
The computed 12-month bankruptcy probability of DUCAD is 1.8% (moderate). The 2025 annual accounts show equity of €57k and a net result of €39k. Equity is growing by ~31.4% per year across the filed fiscal years. Its solvency ranks better than 53% of 7453 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+1
Solvency71▲+10
Growth78=
Track record94
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity short (current ratio 0.88 against 1.17 in 2024; short-term debt: 54.1% and cash: 2.4% of total assets), and 54.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
45.9%
Return on assets
31.6%
Age of the figures
9 mo
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 13-07-2026, 18 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
18 d early
2024
21 d early
2023
28 d early
2022
45 d late
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€57k▲ 22.9%
2024 · €46k
2022: €18k
2023: €34k
2024: €46k
2022 → 2025
Total assets
€124k▼ 3.1%
2024 · €128k
2022: €73k
2023: €54k
2024: €128k
2022 → 2025
Net result
€39k▲ 25.2%
2024 · €31k
2022: €18k
2023: €16k
2024: €31k
2022 → 2025
Working capital
€-8k
2024 · €14k
2022: €5k
2023: €26k
2024: €14k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€18k-€34k▲ 89.3%€46k▲ 36.1%€57k▲ 22.9%
Operating result€23k-€22k▼ 6.3%€42k▲ 92.2%€54k▲ 28.8%
Net result€18k-€16k▼ 10.7%€31k▲ 94.9%€39k▲ 25.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 29% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €124k
Fixed assets
€65k ▲ 103%
Current assets
€59k ▼ 38.7%
Equity and liabilities €124k
Equity
€57k ▲ 22.9%
Debt
€67k ▼ 17.8%
Debt's share of the balance-sheet total falls from 63.8% to 54.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€70k▲
2024 · €51k
Cash flow
€55k▲
2024 · €40k
Current ratio
0.88▼
2024 · 1.17
Debt to equity
1.18▼
2024 · 1.76
ROE
68.9%▲
2024 · 67.6%
ROA
31.6%▲
2024 · 24.5%
Interest coverage
127.88▲
2024 · 77.72
Debt ≤ 1 year
€67k▼
2024 · €82k
Income taxes
€14k▲
2024 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€128k€124k▼
Fixed assets21/28€32k€65k▲
Tangible fixed assets22/27€32k€65k▲
Plant, machinery and equipment23€14k€9k▼
Furniture and vehicles24€18k€56k▲
Current assets29/58€96k€59k▼
Amounts receivable within one year40/41€90k€55k▼
Trade receivables40€42k€40k▼
Other amounts receivable41€48k€15k▼
Cash at bank and in hand54/58€6k€3k▼
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€128k€124k▼
Equity10/15€46k€57k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€41k€52k▲
Amounts payable17/49€82k€67k▼
Amounts payable within one year42/48€82k€67k▼
Financial debts43€5k-
Credit institutions430/8€5k-
Trade debts44€55k€31k▼
Suppliers440/4€55k€31k▼
Taxes, remuneration and social security45€21k€36k▲
Taxes450/3€21k€34k▲
Remuneration and social security454/9-€2k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€16k▲
Other operating charges640/8€1k€9k▲
Gross operating margin9900€52k€79k▲
Operating profit (loss)9901€42k€54k▲
Financial income75/76B€27€8▼
Recurring financial income75€27€8▼
Financial charges65/66B€653€547▼
Recurring financial charges65€653€547▼
Profit (loss) for the period before taxes9903€41k€53k▲
Income taxes67/77€10k€14k▲
Profit (loss) for the period9904€31k€39k▲
Profit (loss) for the period to be appropriated9905€31k€39k▲
Appropriation of the result
Profit (loss) to be appropriated9906€65k€80k▲
Profit (loss) brought forward from the previous period14P€34k€41k▲
Profit to be distributed694/7€24k€29k▲
Return on contributions (dividend)694€24k€29k▲
The notes to these accounts (8 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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €39k ▲25.2%
Operating result €54k, net result €39k, both a record.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €16k ▼10.7%
Net result drops to €16k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 2.30
Current ratio from 1.09 to 2.30; short-term debt falls from €56k to €20k.
14-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 45 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Drogenbos · 1 establishment unit since 2021
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.
W.A. Mozartlaan 21620 DrogenbosGround area
1.1 ha
Building footprint
879 m²
Volume, LiDAR
9,531 m³
2 parcels, Flanders · tallest building 13.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
DUCAD
since 20212.317.780.653
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22001A0006/00W002 | Flanders | 1.1 ha | 1 · 794 m² | 13.0 m · 4 fl. |
| 23077A0118/00K058 | Flanders | 307 m² | 1 · 84 m² | 11.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
SAZI CONSTRUCTION
BE 0707.856.708
Brussel · Eq €56,857
VIDEAS CONSTRUCT
BE 0547.904.005
Jette · Eq €56,821
HEYNDERICKX STEFAAN
BE 0727.939.864
Asse · Eq €56,811
MILANIR
BE 1007.420.125
Drogenbos · Eq €56,795
SMZ ENERGIE
BE 0798.575.858
Charleroi · Eq €56,907
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 13,165 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-05-2021
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43211General electrical installation work
43221Plumbing work
43240Other construction installation
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.