DUCAN
The computed 12-month bankruptcy probability of DUCAN is 0.7% (low). The 2024 annual accounts show negative equity (€-3.84M) and a net result of €-93k. Equity is shrinking by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 1757 sector peers (fiscal year 2024). The company has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-3.84M |
| Net result | €-93k |
| Better than sector | 5% |
| Active | 39 yrs |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -1099.9% | 14.7% | |
| Net result | €-93k | €1k | |
| Equity | €-3.84M | €5k | |
| Gross operating margin | €-59k | €16k | |
| Staff costs | €503 | €28k |
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-60k |
| Net profit | €-93k |
| Cash flow | €-62k |
| Staff costs | €503 |
| Income taxes | €155 |
| Dividends | - |
| Total assets | €349k |
| Equity | €-3.84M |
| Debt | €4.19M |
| of which ≤ 1y | €3.69M |
| of which > 1y | €495k |
| Working capital | €-3.60M |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.02 |
| Quick ratio | 0.02 |
| Working capital ratio | -1032.0% |
| Solvency | -1099.9% |
| Debt / equity | -1.09 |
| Long-term debt ratio | -0.13 |
| Interest coverage | -53.34 |
| Gross margin | - |
| Net margin | - |
| ROA | -26.7% |
| ROE | 2.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €349k |
| Fixed assets | 21/28 | €258k |
| Intangible fixed assets | 21 | €3k |
| Tangible fixed assets | 22/27 | €255k |
| Financial fixed assets | 28 | €200 |
| Current assets | 29/58 | €91k |
| Stocks & contracts in progress | 3 | €2k |
| Amounts receivable within one year | 40/41 | €23k |
| Cash & bank | 54/58 | €58k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €349k |
| Equity | 10/15 | €-3.84M |
| Contributions / capital | 10/11 | €2.70M |
| Reserves | 13 | €32k |
| Accumulated profits (losses) | 14 | €-6.57M |
| Amounts payable | 17/49 | €4.19M |
| Amounts payable after one year | 17 | €495k |
| Amounts payable within one year | 42/48 | €3.69M |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €-59k |
| Operating result | 9901 | €-92k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €-93k |
| Income taxes | 67/77 | €155 |
| Net result for the period | 9904 | €-93k |
| Result to be appropriated | 9905 | €-93k |
-
VAN CANNEYT CharlotteStatutaire bestuurderState Gazette act 24359756 (14-02-2024)Current11-02-2024 → present
-
VAN CANNEYT MarcStatutaire bestuurderState Gazette act 24359756 (14-02-2024)Current11-02-2024 → present
Former directors (2)
-
VAN CANNEYT Charlotte SofieStatutaire bestuurderState Gazette act 24359756 (14-02-2024)Former- → 11-02-2024
-
VAN CANNEYT Marc RenéStatutaire bestuurderState Gazette act 24359756 (14-02-2024)Former- → 11-02-2024
| NACE primary | Activiteiten van kuuroorden, sauna’s en stoombaden(96230) |
| Legal form | Private limited company(610) |
| Incorporation | 11-01-1987 |
| Status | Active |
| Postal code | 8792 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34010B0254/00N002 | Flanders | 1,894 m² | 1 · 289 m² | 9.1 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
23-07-2025 Capital increase of €3,650,000
- Inbreng in natura · Apport en nature
- 2 kapitaalbewegingen in deze akte
Technical details
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"verslag opgesteld door de bedrijfsrevisor aangaande de inbreng in natura"
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}14-02-2024 2 directors appointed, 2 resigning correction
- VAN CANNEYT Charlotte, Statutaire bestuurder
- VAN CANNEYT Marc, Statutaire bestuurder
- VAN CANNEYT Charlotte Sofie, Statutaire bestuurder
- VAN CANNEYT Marc René, Statutaire bestuurder
Technical details
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],
"corrected_publication_numac": "23120629"
}20-09-2023 Registered office moved within Waregem
- 8790 Waregem, Bosstraat 36 → 8792 Waregem (Desselgem), Waregemstraat 54
Technical details
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}| Legal nameNL | DUCAN |