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DUCAGEST

Active
Private limited companyfounded 2009active for 17 yearsRue Emile Montignies(BL) 12, 7522 Tournai, BelgiumKBO/BCE: BE 0809.851.812
Summary

DUCAGEST has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.4m and a net result of €626,104. Equity has been shrinking by about 7.3% per year since 2018. Its solvency ranks better than 56% of 10,818 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 17-02-2009 Normal situation
Activity
Business and other management consultancy NACE 70200and 4 others
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.178.313.459 7522 Tournai, since 16-02-2009
Financial year end
31 December
Peppol
Reachable since 03-12-2025

Board and ownership

Board
  • DELECROIX ThomasDirector · since 09-09-2020

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
-€11,820
▲ 60.8%
Profit
€626,104
▼ 80.2%
Equity
€6.4m
▲ 10.9%
Total assets
€10.8m
▲ 15.8%
Employees on 31-12-2025
1
=
Net result -80%: other schema
Score breakdownraises riskLiquidity: current ratio 106.92, cash €356,414, halvedlowers riskSize: 1 FTE, total assets €10.8mFigures for financial year 2025 (filed on 16-06-2026)Sector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 43% of micro companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2024
Average
Solvency 84-3
equity 59.1% of total assets
Liquidity 54-11
short-term debt 0.7% · cash 3.3%
Profitability 26-24
return on assets 5.8%
Bankruptcy probability within 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 0.1% (48,531 companies, NACE 70, micro)
Last 24 months 12-2024: < 0.1% 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 05-2025highest value 07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: 0.1%▲ +0.1 percentage points vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €550,000 on 30-day terms is acceptable
Short-term debt is 0.7% and cash 3.3% of total assets. 40.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 70, micro). It does better than 54% of them on solvency, 44% on liquidity, 15% on profitability and 58% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: 1 FTE, total assets €10.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 106.92, cash €356,414, halved
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 16-06-2026)
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €6.4m
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 days early
2024
43 days early
2023
58 days early
2022
56 days early
2021
40 days early
2020
53 days early
2019
45 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 49 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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. The company usually files around 16 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 16-06-2026 at the NBB all 16 filings

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€626,104▼ 80.2%
2024 · €3.2m
Working capital
€8.4m▲ 22.6%
2024 · €6.8m
Multi-year overview
2018 to 2025, 8 financial years
Operating result
-€80,112
▲ 17.9% 2025
20182025
Net result
€626,104
▼ 80.2% 2025
highest quarter of the sector
20182025
Equity
€6.4m
▲ 10.9% 2025
highest quarter of the sector
20182025
Total assets
€10.8m
▲ 15.8% 2025
highest quarter of the sector
20182025
Debt
€4.4m
▲ 23.5% 2025
20182025
Working capital
€8.4m
▲ 22.6% 2025
highest quarter of the sector
20182025
Solvency
59.1%
▼ 2.6pp 2025
middle half of the sector
20182025
Current ratio
no figure
2025
20182025
Return on assets (ROA)
5.8%
▼ 28.2pp 2025
middle half of the sector
20182025
Staff (FTE)
1
= 2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€0.1m--€0.1m▲ 6.6%-€0.1m▼ 3.9%-€0.1m▲ 10.4%-€0.08m▲ 21.5%-€0.1m▼ 30.6%-€0.1m▲ 8.1%-€0.08m▲ 17.9%
Net result-€0.2m--€0.04m▲ 83.2%-€0.08mbelow the sector's middle half▼ 115%€0.1mwithin the sector's middle half€0.003mwithin the sector's middle half▼ 97.3%€0.05mwithin the sector's middle half▲ 16×€3.2mabove the sector's middle half▲ 66×€0.6mabove the sector's middle half▼ 80.2%
Equity€8.5m-€8.5m▼ 0.4%€5.4mabove the sector's middle half▼ 36.3%€5.5mabove the sector's middle half▲ 2.0%€2.5mwithin the sector's middle half▼ 54.3%€2.6mwithin the sector's middle half▲ 1.9%€5.7mabove the sector's middle half▲ 123%€6.4mabove the sector's middle half▲ 10.9%
Total assets€9.9m-€8.7m▼ 11.3%€8.1mabove the sector's middle half▼ 7.5%€8.0mabove the sector's middle half▼ 1.0%€7.2mabove the sector's middle half▼ 10.2%€9.7mabove the sector's middle half▲ 35.3%€9.3mabove the sector's middle half▼ 4.3%€10.8mabove the sector's middle half▲ 15.8%
Debt€1.3m-€0.2m▼ 81.5%€2.7m▲ 993%€2.5m▼ 7.1%€4.7m▲ 87.8%€7.2m▲ 53.4%€3.6m▼ 50.1%€4.4m▲ 23.5%
Working capital€6.0m-€5.0m▼ 16.5%€4.4mabove the sector's middle half▼ 12.5%€5.2mabove the sector's middle half▲ 19.9%€4.6mabove the sector's middle half▼ 11.4%€4.2mabove the sector's middle half▼ 10.1%€6.8mabove the sector's middle half▲ 64.1%€8.4mabove the sector's middle half▲ 22.6%
Solvency86.6%-97.2%▲ 10.6pp66.9%within the sector's middle half▼ 30.3pp69.0%within the sector's middle half▲ 2.0pp35.1%within the sector's middle half▼ 33.8pp26.5%within the sector's middle half▼ 8.7pp61.6%within the sector's middle half▲ 35.2pp59.1%within the sector's middle half▼ 2.6pp
Current ratio53.45-78.48above the sector's middle half2.35within the sector's middle half
Return on assets (ROA)-2.3%--0.4%▲ 1.8pp-1.0%below the sector's middle half▼ 0.6pp1.4%within the sector's middle half▲ 2.4pp0.0%below the sector's middle half▼ 1.3pp0.5%within the sector's middle half▲ 0.5pp34.0%above the sector's middle half▲ 33.5pp5.8%within the sector's middle half▼ 28.2pp
Staff (FTE)1.4-1▼ 28.6%1below the sector's middle half=1below the sector's middle half=1within the sector's middle half=1within the sector's middle half=1within the sector's middle half=1within the sector's middle half=
above within below The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is a loss of €80,112, smaller than the loss of €97,622 in 2024.

Large changes and their cause
  • 2025 Net result -80% on 2024. The accounts now follow the abbreviated format, last year the full format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.8m
Fixed assets €2.3m ▼ 5.6%
Current assets €8.4m ▲ 23.4%
Equity and liabilities €10.8m
Equity €6.4m ▲ 10.9%
Debt €4.4m ▲ 23.5%
Debt's share of the balance-sheet total rises from 38.4% to 40.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€53,809▲
2024 · -€71,134
Cash flow
€652,407▼
2024 · €3.2m
Debt to equity
0.69▲
2024 · 0.62
ROE
9.8%▼
2024 · 55.1%
Interest coverage
-2.00▲
2024 · -33.26
Debt ≤ 1 year
€79,008▲
2024 · €17,316
Debt > 1 year
€4.3m▲
2024 · €3.6m
Income taxes
€62,816▲
2024 · €298
Staff costs
€38,183▲
2024 · €36,770
A ratio outside any meaningful range has been withheld (balance sheet total €10.8m, equity €6.4m).
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202131-12-202231-12-202331-12-202431-12-2025
Employees at the balance-sheet date11111
full-time11111
part-time00000
in full-time equivalents11111
Average over the year, in full-time equivalents11111
On a permanent contract11111

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€2,748€2,315-€6,037-
Financial fixed assets---€850-
Depreciation and write-downs of the year€33,138€27,605€27,172€26,487€26,303

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€9.3m€10.8m▲
Fixed assets21/28€2.5m€2.3m▼
Tangible fixed assets22/27€0.5m€0.5m▼
Land and buildings22€0.5m€0.5m▼
Plant, machinery and equipment23€0.004m€0.002m▼
Furniture and vehicles24€0.002m€0.001m▼
Financial fixed assets28€1.9m€1.8m▼
Current assets29/58€6.8m€8.4m▲
Amounts receivable within one year40/41€3.6m€7.5m▲
Trade receivables40€0.09m€0.09m▲
Other amounts receivable41€3.5m€7.4m▲
Current investments50/53€2.1m€0.6m▼
Cash at bank and in hand54/58€1.1m€0.4m▼
Deferred charges and accrued income490/1€0.002m€0.005m▲
Equity and liabilities
Total equity and liabilities10/49€9.3m€10.8m▲
Equity10/15€5.7m€6.4m▲
Contributions10/11€1.9m€1.9m=
Reserves13€3.8m€4.5m▲
Distributable reserves133€3.8m€4.5m▲
Amounts payable17/49€3.6m€4.4m▲
Amounts payable after more than one year17€3.6m€4.3m▲
Other amounts payable178/9€3.6m€4.3m▲
Amounts payable within one year42/48€0.02m€0.08m▲
Trade debts44€0.003m€0.001m▼
Suppliers440/4€0.003m€0.001m▼
Taxes, remuneration and social security45€0.01m€0.08m▲
Taxes450/3€0.001m€0.06m▲
Remuneration and social security454/9€0.01m€0.02m▲
Other amounts payable47/48€303€0▼
Accrued charges and deferred income492/3€215€0▼
Income statement Code20242025
Remuneration, social security and pensions62€0.04m€0.04m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.03m€0.03m▼
Other operating charges640/8€0.004m€0.004m▼
Gross operating margin9900-€0.03m-€0.01m▲
Operating profit (loss)9901-€0.1m-€0.08m▲
Financial income75/76B€3.3m€0.8m▼
Recurring financial income75€3.3m€0.8m▼
Financial charges65/66B€0.002m€0.03m▲
Recurring financial charges65€0.002m€0.03m▲
Profit (loss) for the period before taxes9903€3.2m€0.7m▼
Income taxes67/77€298€0.06m▲
Profit (loss) for the period9904€3.2m€0.6m▼
Profit (loss) for the period to be appropriated9905€3.2m€0.6m▼
Appropriation of the result
Profit (loss) to be appropriated9906€3.2m€0.6m▼
Transfer to equity691/2€3.2m€0.6m▼
To other reserves6921€3.2m€0.6m▼
Social balance sheet
Average headcount (FTE)90871.01.0=

The notes to these accounts have 14 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 16-06-2026.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€0.03m€0.02m€0.04m€0.04m€0.04m▲ 3.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.05m€0.05m€0.05m€0.03m€0.03m€0.03m€0.03m€0.03m▼ 0.7%
Other operating charges640/8---€0.004m€0.004m€0.004m€0.004m€0.004m▼ 10.2%
Gross operating margin9900€0.008m-€0.03m-€0.03m-€0.04m-€0.03m-€0.03m-€0.03m-€0.01m▲ 60.8%
Operating profit (loss)9901-€0.1m-€0.1m-€0.1m-€0.1m-€0.08m-€0.1m-€0.1m-€0.08m▲ 17.9%
Financial income75/76B---€0.2m€0.3m€0.1m€3.3m€0.8m▼ 75.6%
Recurring financial income75€0.06m€0.06m€0.05m€0.2m€0.3m€0.1m€3.3m€0.8m▼ 75.6%
Financial charges65/66B---€0.003m€0.2m-€0.02m€0.002m€0.03m▲ 13×
Recurring financial charges65€0.2m-€0.01m€0.01m€0.003m€0.03m-€0.02m€0.002m€0.03m▲ 13×
Non-recurring financial charges66B----€0.2m€0---
Profit (loss) for the period before taxes9903-€0.2m-€0.04m-€0.08m€0.1m€0.003m€0.05m€3.2m€0.7m▼ 78.2%
Income taxes67/77€0.001m€325€296€372€369€359€298€0.06m▲ 211×
Profit (loss) for the period9904-€0.2m-€0.04m-€0.08m€0.1m€0.003m€0.05m€3.2m€0.6m▼ 80.2%
Profit (loss) for the period to be appropriated9905-€0.2m-€0.04m-€0.08m€0.1m€0.003m€0.05m€3.2m€0.6m▼ 80.2%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€9.9m€8.7m€8.1m€8.0m€7.2m€9.7m€9.3m€10.8m▲ 15.8%
Formation expenses20€0--------
Fixed assets21/28€3.8m€3.7m€3.7m€2.7m€2.5m€2.5m€2.5m€2.3m▼ 5.6%
Intangible fixed assets21€0--------
Tangible fixed assets22/27€0.7m€0.7m€0.6m€0.6m€0.6m€0.6m€0.5m€0.5m▼ 4.8%
Land and buildings22---€0.6m€0.6m€0.6m€0.5m€0.5m▼ 4.4%
Plant, machinery and equipment23---€0.01m€0.009m€0.006m€0.004m€0.002m▼ 53.7%
Furniture and vehicles24---€0.002m€0.003m€0.002m€0.002m€0.001m▼ 17.4%
Financial fixed assets28€3.0m€3.0m€3.0m€2.1m€1.9m€1.9m€1.9m€1.8m▼ 5.8%
Current assets29/58€6.1m€5.0m€4.4m€5.3m€4.7m€7.2m€6.8m€8.4m▲ 23.4%
Stocks and contracts in progress3€0--------
Amounts receivable within one year40/41€1.3m€1.2m€1.4m€1.6m€1.8m€1.6m€3.6m€7.5m▲ 107%
Trade receivables40---€0.07m€0.1m€0.09m€0.09m€0.09m▲ 2.0%
Other amounts receivable41---€1.5m€1.7m€1.5m€3.5m€7.4m▲ 110%
Current investments50/53€0.7m€0.6m€0.5m€0.6m€0.5m€4.5m€2.1m€0.6m▼ 70.5%
Cash at bank and in hand54/58€4.1m€3.1m€2.5m€3.1m€2.4m€1.1m€1.1m€0.4m▼ 68.3%
Deferred charges and accrued income490/1---€0.001m€0.004m€0.004m€0.002m€0.005m▲ 173%
Equity and liabilities
Total equity and liabilities10/49€9.9m€8.7m€8.1m€8.0m€7.2m€9.7m€9.3m€10.8m▲ 15.8%
Equity10/15€8.5m€8.5m€5.4m€5.5m€2.5m€2.6m€5.7m€6.4m▲ 10.9%
Contributions10/11€7.9m€7.9m-€4.9m€1.9m€1.9m€1.9m€1.9m=
Reserves13€0.7m€0.7m€0.7m€0.7m€0.6m€0.7m€3.8m€4.5m▲ 16.3%
Distributable reserves133---€0.7m€0.6m€0.7m€3.8m€4.5m▲ 16.3%
Profit (loss) carried forward14-€0.05m-€0.08m-€0.2m-€0.06m€0----
Provisions and deferred taxes16€0--------
Amounts payable17/49€1.3m€0.2m€2.7m€2.5m€4.7m€7.2m€3.6m€4.4m▲ 23.5%
Amounts payable after more than one year17€1.2m€0.2m€2.6m€2.4m€4.6m€4.1m€3.6m€4.3m▲ 21.9%
Other amounts payable178/9---€2.4m€4.6m€4.1m€3.6m€4.3m▲ 21.9%
Amounts payable within one year42/48€0.1m€0.04m€0.06m€0.04m€0.04m€3.1m€0.02m€0.08m▲ 356%
Trade debts44€0.05m€0.003m€0.02m€0.002m€0.01m€0.01m€0.003m€0.001m▼ 58.4%
Suppliers440/4---€0.002m€0.01m€0.01m€0.003m€0.001m▼ 58.4%
Taxes, remuneration and social security45---€0.01m€0.005m€0.01m€0.01m€0.08m▲ 473%
Taxes450/3---€0.001m€0.001m€274€0.001m€0.06m▲ 47×
Remuneration and social security454/9---€0.01m€0.004m€0.01m€0.01m€0.02m▲ 76.6%
Other amounts payable47/48---€0.03m€0.03m€3.1m€303€0▼ 100%
Accrued charges and deferred income492/3------€215€0▼ 100%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€0.2m-€0.04m-€0.08m€0.1m€0.003m€0.05m€3.2m€0.6m▼ 80.2%
+ Depreciation and write-downs630€0.05m€0.05m€0.05m€0.03m€0.03m€0.03m€0.03m€0.03m▼ 0.7%
Operating cash flow (approximation)-€0.2m€0.01m-€0.03m€0.1m€0.03m€0.08m€3.2m€0.7m▼ 79.5%
Investment in fixed assets (approximation)-€9-€100€0.9m€0.2m€0€0.002m€0.1m▲ 50×
Change in cash--€1.0m-€0.7m€0.6m-€0.7m-€1.3m€0.05m-€0.8m-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 34,693 companies had the same profile as DUCAGEST has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
95.3% was still going
3.9% stopped otherwise
0.7% went bankrupt

That fits the bankruptcy probability of DUCAGEST itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 34,693 companies, not a prediction for DUCAGEST. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Latest 10 of 16 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 16-06-2026 2026-00163113 PDF
31-12-2024 full format 18-06-2025 2025-00155488 PDF
31-12-2023 full format 03-06-2024 2024-00105889 PDF
31-12-2022 full format 05-06-2023 2023-00105750 PDF
31-12-2021 full format 21-06-2022 2022-20078252 PDF
31-12-2020 full format 08-06-2021 2021-18000495 PDF
31-12-2019 full format 16-06-2020 2020-17400268 PDF
31-12-2018 full format 01-07-2019 2019-25900399 PDF
31-12-2017 full format 12-07-2018 2018-32300302 PDF
31-12-2016 full format 13-07-2017 2017-30700463 PDF

Show all 16 filings

Board & ownership

Directors

Directors
1 director
DELECROIX Thomas
Director · since 09-09-2020 · listed in the 2025 annual accounts, filed on 16-06-2026
Current

Owners and capital

Network & group

DUCAGEST shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of DUCAGEST. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
16-06
NBB filing Annual accounts 2025 filedNBB
abbreviated format · 45 days before the deadline
2025
18-06
NBB filing Annual accounts 2024 filedPDF
full format · 43 days before the deadline
2024
31-12
Financial Highest result from 2018 to 2025net €3.2m ▲6,486%
The net result of €3.2m is the highest of those years.
31-12
Financial Liquidity times 168current ratio 395.27
The current ratio rises from 2.35 to 395.27. Short-term debt falls from €3.1m to €17,316.
31-12
Financial Equity above €5mequity €5.7m ▲123%
After 4 profitable years in a row, equity reaches €5.7m.
03-06
NBB filing Annual accounts 2023 filedPDF
full format · 58 days before the deadline
2023
05-06
NBB filing Annual accounts 2022 filedPDF
full format · 56 days before the deadline
2022
21-06
NBB filing Annual accounts 2021 filedPDF
full format · 40 days before the deadline
2021
31-12
Financial Back to profitnet €109,471
The net result is €109,471, after 3 loss-making years.
08-06
NBB filing Annual accounts 2020 filedPDF
full format · 53 days before the deadline
2020
16-06
NBB filing Annual accounts 2019 filedPDF
full format · 45 days before the deadline
2019
31-12
Financial Liquidity more than doubledcurrent ratio 135.56
The current ratio rises from 53.45 to 135.56. Short-term debt falls from €113,817 to €37,022.
Show earlier events
01-07
NBB filing Annual accounts 2018 filedPDF
full format · 30 days before the deadline
2018
12-07
NBB filing Annual accounts 2017 filedPDF
full format · 19 days before the deadline
2017
13-07
NBB filing Annual accounts 2016 filedPDF
full format · 18 days before the deadline
2009
26-02
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 17 February 2009, DUCAGEST was incorporated.1 Total assets went from €9.9m in 2018 to €10.8m in 2025 and headcount from 1.4 to 1 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Register details

Identity

KBO record
Name DUCAGEST in French
Enterprise number 0809.851.812
LEI code 967600ZEE07HO9MOPL54 live in the LEI register
Legal form Private limited company
Status Active, normale toestand
Founded 17-02-2009
Entity type Legal entity

Registered office and establishments

Registered office Rue Emile Montignies(BL) 12, 7522 Tournai, Belgium
Establishment unit DUCAGEST SPRL, Rue Emile Montignies(BL) 12, 7522 Tournai since 16-02-2009 · unit number 2.178.313.459

Activities

NACEBEL 2025
VAT activities
70200 Business and other management consultancy main activity
64210 Activities of holding companies
64999 Other financial services
68310 Real estate agency activities
82990 Other business support services
Social security (RSZ) activities
70200 Business and other management consultancy main activity
Codes under NACEBEL 2008
VAT activities
70220 Business consulting main activity
64200 Holdings
64999 Financial service activities, except insurance and pension funding
68311 Real estate activities
82990 Other business support services
Social security (RSZ) activities
70220 Business consulting main activity
Joint committee 200 Aanvullend Paritair Comité voor de bedienden annual accounts 2025

Invoicing and payment

VAT number BE 0809.851.812
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0809851812
Registered 03-12-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 3 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
3,468 m²
Building footprint
188 m²
Building volume
976 m³
Cadastral parcel Region Area Buildings Height / floors
57008B0187/00C000 Wallonia 3,468 m² 1 · 188 m² 6.3 m · 2