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DUCALION

Active Coöperatieve vennootschap met beperkte aansprakelijkheidfounded 2011active for 15 yearsLouis Lepoutrelaan 59, 1050 IxellesKBO/BCE: BE 0836.611.538

Lifetime

14 annual accounts with figures on one time axis
peak €204,401 (2019)
€44,939▼ 28.7%
lowest -€133,983 (2018)
€11,255▼ 81.7%
peak -€13,242 (2014)
-€236,385▲ €11,255
€431,974▲ 50.9%
peak 6.5 FTE (2019)
-not published
Board5 names since 2017
1 director
Documentsfilings and deeds
05-05-20265 days late
2025micro format
Gross margin from €63,049 to €44,939Result from €61,530 to €11,255Debts from €286,288 to €431,974Investments €188,751

Key points

from the 2025 annual accounts

Equity

-€236,385
202020212022202320242025

Debts exceed assets in financial year 2025.

Result

€11,255 ▼ 81.7%
€61,5002024€11,3002025

The result fell in 2025 from €61,530 to €11,255.

Debts

€431,974 221% of the balance sheet
Financial debts 36%Suppliers 0%Taxes and wages 0%Other 64%

Of this, €256,614 falls due within a year.

Investments

€188,751 6.3 × depreciation
2021202320242025

Green is investment, beige is depreciation.

Filings

14 annual accounts since 2012
deadline201520202025

Nine of the last ten came late. The 2017 accounts came latest: 28 days after the end of the period.

Position in the sector

-€236,385

Less equity than 95% of companies in food and beverage service. Sector median €28,354 · 18,541 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,633 companies had the same profile as DUCALION has now. Each dot stands for 10 companies, two years later.

91.8%
were still trading
4.8%
stopped another way
2.9%
went bankrupt
  • Micro
  • 10 to 20 years old
  • negative equity
  • a profit of 5% of the balance sheet or more

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 2.9% 3.1%
10 5.6% 6.1%

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 3,633 companies, not a prediction for DUCALION. 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.

Credit verdict

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

Signals

Board and ownership

Director, since 21-03-2017
Board & ownership

Recent changes

Registered office moved within Ixelles New registered office: Avenue Louis Lepoutre 59, Boite 18 à 1050 Ixelles · Previous registered office: Avenue de l'Hippodrome 33 à 1050 Ixelles · Board meeting of 04-03-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0836611538
Registered office moved from Uccle to Ixelles New registered office: Avenue de l'Hippodrome, 33 à 1050 Ixelles · Previous registered office: Avenue Brugmann, 375 à 1180 Uccle · Board meeting of 25-03-2024 · Gazette deed
Registered office moved from Ixelles to Uccle New registered office: Avenue Brugmann, 375 à 1180 Uccle · Previous registered office: Parvis de la Trinité, 10 à 1050 Ixelles · General meeting of 26-05-2023 · Gazette deed
All 26 events

Comparable companies

same main activity, similar in size and age
Company
DUCALION Ixelles €195,589 €44,939 -120.9% -
TASFA Brussels €220,677 €48,994 76.1% -
GAZETTE Antwerp €184,999 €41,936 28.5% -
GUOJUN Namur €211,031 €47,799 95.7% -
Dragon de Chine Waterloo €196,675 €45,085 51.4% -
LA CHINE Butgenbach €193,385 €53,801 17.8% -
LES NOUVELLES SAVEURS Saint-Ghislain €171,312 €46,019 92.2% -

These companies have the same main activity as DUCALION: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €171,000 and €221,000, founded between 2009 and 2012.

Official details

Source: KBO
Status
Active since 27-05-2011Normal situation
Activity
Full-service restaurantsNACE 56111and 1 other
Establishment unit
2.200.554.4701050 Ixelles, since 27-05-2011
Financial year end
30 September
Peppol
Reachable since 15-07-2025
Company details

Annual accounts to 30-09-2025

≈ €220,000estimated
€195,589▲ 406%
Filing
Filed on 05-05-2026
Financials

Insights on DUCALION

DUCALION files the micro format. That format states no turnover. The gross margin rose from -€42,851 in 2012 to €44,939 in 2025.

The balance sheet grew most from 2017 to 2018 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about DUCALION

What is the company number of DUCALION?
The company number of DUCALION is 0836.611.538. The VAT number is the same number with BE in front: BE 0836.611.538.
Where is DUCALION based?
The registered office is at Louis Lepoutrelaan 59, 1050 Ixelles.Company details
What does DUCALION do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of DUCALION?
Legal form of DUCALION: Coöperatieve vennootschap met beperkte aansprakelijkheid.
When was DUCALION founded?
DUCALION was founded on 27-05-2011.
Is DUCALION still active?
Yes, DUCALION is an active enterprise in the KBO register.
How many employees does DUCALION have?
DUCALION had an average of 10.8 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of DUCALION?
The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €44,939 and 60 comparable companies (NACE 56111). It probably lies between €170,000 and €300,000.
Is DUCALION profitable?
In financial year 2025, DUCALION made a profit of €11,255.
Where can I find the annual accounts of DUCALION?
DUCALION filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DUCALION due?
DUCALION must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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