Equity
€877,946 ▲ 22.7%
DUCARDIS paid out €446,400 in dividends. That is 73% of the 2025 profit.
DUCARDIS
Lifetime
20 annual accounts with figures on one time axis, 21 filings since 2005peak €1.5m (2025)
€1.5m▲ 18.8%
lowest -€25,668 (2007)
€608,877▲ 39.4%
peak €1.2m (2020)
€877,946▲ 22.7%
€1.7m▲ 9.4%
peak 17.9 FTE (2025)
17.9 FTE▲ 7.8%
Board1 name since 2021
1 directorDUCHATEAU Vincent François Philippe
Owners
13.44%AUNOIDIS
Documentsfilings and deeds
11-07-202620 days before the deadline
2025abbreviated format
Gross margin from €1.2m to €1.5mResult from €436,820 to €608,877Dividend €446,400Equity from €715,469 to €877,946Cash from €528,276 to €902,139
Key points
from the 2025 annual accountsResult
€608,877 ▲ 39.4%
The result rose in 2025 from €436,820 to €608,877.
Staff
19 employees on 31-12-2025
In 2025, 6 people joined and 3 left.
Filings
21 annual accounts since 2005
The last five annual accounts were filed 20 to 47 days before the end of the period.
Subsidiaries
-€1.2m
Subsidiary with negative equity. ETS BARBIER · loss of €19,583 in 2025.
Position in the sector
€608,877
Higher net result than 95% of companies in retail trade. Sector median €27,425 · 12,844 companies.
Checked score
95
Excellent
Financially stronger than 77% of small companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 3,697 companies (NACE 47, small).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.2%▲ +0.1 percentage points vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026highest value
08-2026: 0.1%▼ -0.1 percentage points vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Retail trade (NACE 47)
lowers risk
Liquidity: current ratio 1.38, cash €902,139
Founded in 2005
Figures for financial year 2025 (filed on 11-07-2026)
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 47, small). It does better than 53% of them on solvency, 78% on liquidity, 96% on profitability and 81% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as DUCARDIS has now. Each dot stands for 51 companies, two years later.
95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of DUCARDIS itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 20,137 companies, not a prediction for DUCARDIS. 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
Credit of up to €80,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.38 (1.28 in 2024), below the usual 1.5. Short-term debt is 65.4% and cash 34.3% of total assets. 66.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
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 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €877,946
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 11-07-2026, 20 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
20 days early
2024
47 days early
2023
46 days early
2022
39 days early
2021
41 days early
2020
37 days early
2019
24 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 36 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 20 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0871582513
Resignation: DUCHATEAU Vincent François Philippe (manager)
Reappointment: DUCHATEAU Vincent François Philippe (sole director) · General meeting of 08-06-2023 · Gazette deed
Incorporation
published on 09-02-2005 · Gazette deed
First establishment
Rue d'Houdeng 212, Le Roeulx
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DUCARDIS Péruwelz | €2.6m | €1.5m | 33.4% | 17.9 |
| OSERIS Tournai | €2.3m | €1.6m | 70.0% | 16.4 |
| GCN REYHAN Charleroi | €2.6m | €1.1m | 65.8% | 16 |
| Ultrafrais Rixensart | €2.6m | €1.2m | 34.2% | 17.6 |
| TOP LIN Dentergem | €2.7m | €1.2m | 8.9% | 18.5 |
| HERMES MANAGEMENT & CONSULTANCY Turnhout | €2.2m | €1.2m | 11.8% | 19.1 |
| DISTRY-WAREMME Aubel | €2.2m | €1.5m | 42.7% | 15.5 |
These companies have the same main activity as DUCARDIS: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €2.2m and €2.7m, founded between 2002 and 2006.
Official details
Source: KBO- Status
- Active since 01-02-2005Normal situation
- Activity
- Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110and 3 others
- Joint committee
- 201Independent retail · annual accounts 2025
- Establishment unit
- 2.145.131.9377070 Le Roeulx, since 25-01-2005
- Financial year end
- 31 December
- Peppol
- Reachable since 08-12-2025
Annual accounts 2025
- ≈ €9.9mestimated
- €2.6m▲ 13.5%
- Employeeson 31-12-2025
- 19▲ 18.8%
- Filing
- Filed on 11-07-2026, 20 days before the end of the filing period
Insights on DUCARDIS
DUCARDIS files the abbreviated format. That format states no turnover. The gross margin rose from -€337 in 2006 to €1.5m in 2025.
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 DUCARDIS
- What is the company number of DUCARDIS?
- The company number of DUCARDIS is 0871.582.513. The VAT number is the same number with BE in front: BE 0871.582.513.
- Where is DUCARDIS based?
- The registered office is at Avenue de la Basilique (B.S) 108B, 7603 Péruwelz.Company details
- What does DUCARDIS do?
- According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
- What is the legal form of DUCARDIS?
- DUCARDIS is a private limited company (BV).
- When was DUCARDIS founded?
- DUCARDIS was founded on 01-02-2005.
- Is DUCARDIS still active?
- Yes, DUCARDIS is an active enterprise in the KBO register.
- How many employees does DUCARDIS have?
- DUCARDIS had an average of 17.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does DUCARDIS fall under?
- In its 2025 annual accounts, DUCARDIS states joint committee 201 (Independent retail).
- What is the turnover of DUCARDIS?
- The turnover in financial year 2025 is ≈ €9.9m. This figure is estimated from the gross margin of €1.5m and 30 comparable companies (NACE 471). It probably lies between €6.1m and €12.0m.
- Is DUCARDIS profitable?
- In financial year 2025, DUCARDIS made a profit of €608,877.
- Where can I find the annual accounts of DUCARDIS?
- DUCARDIS filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DUCARDIS due?
- DUCARDIS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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