DUCADOUR
ActiveSummary
DUCADOUR has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €573k and a net result of €56k. Equity is growing by ~50.1% per year across the filed fiscal years. Its solvency ranks better than 24% of 19356 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability38▼-6
Solvency29▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity short (current ratio 0.19 against 0.45 in 2023; short-term debt: 13.6% and cash: 0.2% of total assets), and 96.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
3.8%
Return on assets
0.4%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 19356 sector peers (2024).
NBB · sector comparisonPosition among 19356 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
20 d late
2023
13 d late
2022
59 d late
2021
48 d early
2020
32 d early
2019
24 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€56k▼ 78.5%
2023 · €260k
2018: €-9klowest in 7 years
2019: €-3k▲ +70.4% vs 2018
2020: €-5k▼ -63.0% vs 2019
2021: €7k▲ +259% vs 2020
2022: €190k▲ +2530% vs 2021
2023: €260k▲ +37.0% vs 2022highest in 7 years
2024: €56k▼ -78.5% vs 2023
2018 → 2024
Working capital
€-1.67M▼ 32.3%
2023 · €-1.26M
2018: €-3.02M
2019: €65k▲ +102% vs 2018highest in 7 years
2020: €61k▼ -7.0% vs 2019
2021: €-15.63M▼ -25923% vs 2020lowest in 7 years
2022: €-1.30M▲ +91.7% vs 2021
2023: €-1.26M▲ +3.2% vs 2022
2024: €-1.67M▼ -32.3% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€61k-€68k▲ 11.9%€257k▲ 280%€517k▲ 101%€573k▲ 10.8%
2020: €61klowest in 5 years
2021: €68k▲ +11.9% vs 2020
2022: €257k▲ +280% vs 2021
2023: €517k▲ +101% vs 2022
2024: €573k▲ +10.8% vs 2023highest in 5 years
Operating result€-3k-€248k€588k▲ 137%€804k▲ 36.6%€517k▼ 35.7%
2020: €-3klowest in 5 years
2021: €248k▲ +9896% vs 2020
2022: €588k▲ +137% vs 2021
2023: €804k▲ +36.6% vs 2022highest in 5 years
2024: €517k▼ -35.7% vs 2023
Net result€-5k-€7k€190k▲ 2,530%€260k▲ 37.0%€56k▼ 78.5%
2020: €-5klowest in 5 years
2021: €7k▲ +259% vs 2020
2022: €190k▲ +2530% vs 2021
2023: €260k▲ +37.0% vs 2022highest in 5 years
2024: €56k▼ -78.5% vs 2023
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 36% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €15.12M
Fixed assets
€14.73M ▼ 3.2%
Current assets
€388k ▼ 61.8%
Equity and liabilities €15.12M
Equity
€573k ▲ 10.8%
Debt
€14.54M ▼ 7.5%
Debt's share of the balance-sheet total falls from 96.8% to 96.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.01M▼
2023 · €1.30M
Cash flow
€551k▼
2023 · €755k
Current ratio
0.19▼
2023 · 0.45
Debt to equity
25.36▼
2023 · 30.38
ROE
9.8%▼
2023 · 50.2%
ROA
0.4%▼
2023 · 1.6%
Interest coverage
2.27▼
2023 · 2.83
Debt ≤ 1 year
€2.05M▼
2023 · €2.27M
Debt > 1 year
€12.38M▼
2023 · €13.13M
Income taxes
€20k▼
2023 · €91k
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 · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€16.24M€15.12M▼
Fixed assets21/28€15.22M€14.73M▼
Tangible fixed assets22/27€15.22M€14.73M▼
Land and buildings22€15.22M€14.73M▼
Current assets29/58€1.01M€388k▼
Amounts receivable within one year40/41€255k€337k▲
Trade receivables40€255k€280k▲
Other amounts receivable41-€57k
Current investments50/53€140k-
Cash at bank and in hand54/58€604k€33k▼
Deferred charges and accrued income490/1€16k€18k▲
Equity and liabilities
Total equity and liabilities10/49€16.24M€15.12M▼
Equity10/15€517k€573k▲
Contributions10/11€124k€124k=
Capital10€124k€124k=
Issued capital100€124k€124k=
Reserves13€387k€437k▲
Non-distributable reserves130/1€12k€12k=
Legal reserve130€12k€12k=
Distributable reserves133€375k€425k▲
Profit (loss) carried forward14€6k€12k▲
Amounts payable17/49€15.72M€14.54M▼
Amounts payable after more than one year17€13.13M€12.38M▼
Financial debts170/4€13.13M€12.38M▼
Amounts payable within one year42/48€2.27M€2.05M▼
Current portion of amounts payable after more than one year42€1.13M€750k▼
Trade debts44€326k€268k▼
Suppliers440/4€326k€268k▼
Taxes, remuneration and social security45€128k€21k▼
Taxes450/3€128k€21k▼
Other amounts payable47/48€695k€1.01M▲
Accrued charges and deferred income492/3€322k€114k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€495k€495k=
Other operating charges640/8-€1k
Gross operating margin9900€1.30M€1.01M▼
Operating profit (loss)9901€804k€517k▼
Financial income75/76B€6k€5k▼
Recurring financial income75€6k€5k▼
Financial charges65/66B€458k€446k▼
Recurring financial charges65€458k€446k▼
Profit (loss) for the period before taxes9903€351k€76k▼
Income taxes67/77€91k€20k▼
Profit (loss) for the period9904€260k€56k▼
Profit (loss) for the period to be appropriated9905€260k€56k▼
Appropriation of the result
Profit (loss) to be appropriated9906€261k€62k▼
Profit (loss) brought forward from the previous period14P€1k€6k▲
Transfer to equity691/2€255k€50k▼
To other reserves6921€255k€50k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €403k | €491k | €495k | €495k | = |
| Other operating charges640/8 | - | €474k | €1.78M | - | €1k | - |
| Non-recurring operating charges66A | - | €25k | - | - | - | - |
| Gross operating margin9900 | €-2k | €1.15M | €2.86M | €1.30M | €1.01M | ▼ 22.0% |
| Operating profit (loss)9901 | €-3k | €248k | €588k | €804k | €517k | ▼ 35.7% |
| Financial income75/76B | - | €0 | - | €6k | €5k | ▼ 10.8% |
| Recurring financial income75 | €0 | €0 | - | €6k | €5k | ▼ 10.8% |
| Financial charges65/66B | - | €241k | €331k | €458k | €446k | ▼ 2.7% |
| Recurring financial charges65 | €2k | €241k | €331k | €458k | €446k | ▼ 2.7% |
| Profit (loss) for the period before taxes9903 | €-5k | €7k | €257k | €351k | €76k | ▼ 78.5% |
| Income taxes67/77 | - | - | €67k | €91k | €20k | ▼ 78.4% |
| Profit (loss) for the period9904 | €-5k | €7k | €190k | €260k | €56k | ▼ 78.5% |
| Profit (loss) for the period to be appropriated9905 | €-5k | €7k | €190k | €260k | €56k | ▼ 78.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €14.79M | €18.54M | €16.41M | €16.24M | €15.12M | ▼ 6.9% |
| Fixed assets21/28 | - | €15.69M | €15.72M | €15.22M | €14.73M | ▼ 3.2% |
| Tangible fixed assets22/27 | - | €15.69M | €15.72M | €15.22M | €14.73M | ▼ 3.2% |
| Land and buildings22 | - | €15.69M | €15.72M | €15.22M | €14.73M | ▼ 3.2% |
| Current assets29/58 | €14.79M | €2.85M | €694k | €1.01M | €388k | ▼ 61.8% |
| Stocks and contracts in progress3 | €14.45M | €1.12M | - | - | - | - |
| Stocks30/36 | - | €1.12M | - | - | - | - |
| Amounts receivable within one year40/41 | €248k | €1.65M | €110k | €255k | €337k | ▲ 32.2% |
| Trade receivables40 | - | €126k | €110k | €255k | €280k | ▲ 9.9% |
| Other amounts receivable41 | - | €1.53M | - | - | €57k | - |
| Current investments50/53 | - | - | - | €140k | - | - |
| Cash at bank and in hand54/58 | €88k | €82k | €584k | €604k | €33k | ▼ 94.6% |
| Deferred charges and accrued income490/1 | - | - | - | €16k | €18k | ▲ 13.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €14.79M | €18.54M | €16.41M | €16.24M | €15.12M | ▼ 6.9% |
| Equity10/15 | €61k | €68k | €257k | €517k | €573k | ▲ 10.8% |
| Contributions10/11 | €124k | €124k | €124k | €124k | €124k | = |
| Capital10 | - | €124k | €124k | €124k | €124k | = |
| Issued capital100 | - | €124k | €124k | €124k | €124k | = |
| Reserves13 | €12k | €12k | €132k | €387k | €437k | ▲ 12.9% |
| Non-distributable reserves130/1 | - | €12k | €12k | €12k | €12k | = |
| Legal reserve130 | - | €12k | €12k | €12k | €12k | = |
| Distributable reserves133 | - | - | €120k | €375k | €425k | ▲ 13.3% |
| Profit (loss) carried forward14 | €-76k | €-69k | €1k | €6k | €12k | ▲ 97.6% |
| Amounts payable17/49 | €14.73M | €18.48M | €16.15M | €15.72M | €14.54M | ▼ 7.5% |
| Amounts payable after more than one year17 | - | - | €13.88M | €13.13M | €12.38M | ▼ 5.7% |
| Financial debts170/4 | - | - | €13.88M | €13.13M | €12.38M | ▼ 5.7% |
| Amounts payable within one year42/48 | €14.73M | €18.48M | €1.99M | €2.27M | €2.05M | ▼ 9.7% |
| Current portion of amounts payable after more than one year42 | - | - | €1.13M | €1.13M | €750k | ▼ 33.3% |
| Financial debts43 | - | €14.28M | - | - | - | - |
| Credit institutions430/8 | - | €14.28M | - | - | - | - |
| Trade debts44 | €2.28M | €940k | €253k | €326k | €268k | ▼ 17.8% |
| Suppliers440/4 | - | €940k | €253k | €326k | €268k | ▼ 17.8% |
| Advances received on contracts in progress46 | - | €1k | - | - | - | - |
| Taxes, remuneration and social security45 | - | €15k | €112k | €128k | €21k | ▼ 83.4% |
| Taxes450/3 | - | €15k | €112k | €128k | €21k | ▼ 83.4% |
| Other amounts payable47/48 | - | €3.24M | €504k | €695k | €1.01M | ▲ 46.0% |
| Accrued charges and deferred income492/3 | - | €60 | €285k | €322k | €114k | ▼ 64.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-5k | €7k | €190k | €260k | €56k | ▼ 78.5% |
| + Depreciation and write-downs630 | - | €403k | €491k | €495k | €495k | = |
| Operating cash flow (approximation) | €-5k | €411k | €681k | €755k | €551k | ▼ 27.0% |
| Investment in fixed assets (approximation) | - | - | €-515k | €0 | €0 | - |
| Change in cash | - | €-6k | €502k | €20k | €-571k | ▼ 2,969% |
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
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
31-12
Financial
Highest result since 2018net €260k ▲37%
Operating result €804k, net result €260k, both a record.
31-12
Financial
Equity above €500kEq €517k ▲101%
3 profitable years in a row build equity to €517k.
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
31-12
Financial
Equity above €200kEq €257k ▲280%
2 profitable years in a row build equity to €257k.
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €7k
Net result €7k after 3 loss-making years.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity times 21current ratio 1.02
Current ratio from 0.05 to 1.02.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 184 days late
2016
31-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 92 days late
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, Mons · 1 establishment unit since 1996
Ground area
124 m²
Building footprint
38 m²
Volume, LiDAR
408 m³
Parcel 53403G0398/00D000, Wallonia · tallest building 13.2 m, ±4 floors. Linked by address, not a title deed.
50
companies at this address
See who is registered here
1 establishment unit
BELGIQUE METAUX
since 19962.078.051.388
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53403G0398/00D000 | Wallonia | 124 m² | 1 · 38 m² | 13.2 m · 4 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
M.C.V. Services
BE 0841.572.592
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BE 0833.959.874
Sint-Martens-Latem · Eq €574,156
PROJECTBEHEER JANSSENS & CO
BE 0883.228.748
Putte · Eq €574,160
F. LESUR
BE 0831.041.659
Grez-Doiceau · Eq €571,988
NEW ATLAS
BE 0438.167.410
Sint-Pieters-Woluwe · Eq €571,940
Of 9,698 companies in sector 68121 we hold annual accounts for 7,384. 4,579 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded04-09-1996
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
46820Wholesale trade
52100Warehousing and storage
Scores and ratios are computed by Checked and are not a credit decision.