DUCARMOIS
ActiveDUCARMOIS has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €272k and a net result of €45k. Equity is growing by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 74% of 26784 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
100
/ 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+26
Solvency100=
Growth62=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.1 against 2.24 in 2024), and 30.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
69.2%
Return on assets
11.5%
Age of the figures
8 mo
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
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
8 d late
2023
7 d early
2022
21 d early
2021
34 d early
2020
25 d early
2019
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
06-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€254k▲ 20.5%
2021 · €211k
2020: €194k
2021: €211k
2020 → 2022
EBIT margin
15.2%▲ 2.3pp
2021 · 12.9%
2020: 18.3%
2021: 12.9%
2020 → 2022
Net result
€45k▲ 62.3%
2024 · €28k
2020: €98k
2021: €19k
2022: €32k
2023: €51k
2024: €28k
2020 → 2025
Working capital
€131k▲ 1.5%
2024 · €129k
2020: €65k
2021: €70k
2022: €41k
2023: €137k
2024: €129k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€211k-€254k▲ 20.5%
Equity€164k-€196k▲ 19.8%€242k▲ 23.4%€245k▲ 1.1%€272k▲ 11.0%
Operating result€27k-€39k▲ 41.6%€72k▲ 85.4%€40k▼ 43.6%€63k▲ 56.7%
Net result€19k-€32k▲ 70.8%€51k▲ 57.4%€28k▼ 45.5%€45k▲ 62.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 57% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €394k
Fixed assets
€144k▲ 23.8%
Current assets
€250k▲ 7.1%
Equity and liabilities €394k
Equity
€272k▲ 11.0%
Debt
€121k▲ 16.4%
The debt ratio rises from 29.9% to 30.8%: debt grows faster than equity.
Key figures and ratios
EBITDA
€106k▲
2024 · €75k
Cash flow
€88k▲
2024 · €62k
Solvency
69.2%▼
2024 · 70.1%
Current ratio
2.10▼
2024 · 2.24
Quick ratio
2.10▼
2024 · 2.24
Debt / equity
0.45▲
2024 · 0.43
ROE
16.6%▲
2024 · 11.3%
ROA
11.5%▲
2024 · 7.9%
Interest coverage
21.54▲
2024 · 17.79
Debt
€121k▲
2024 · €104k
Debt ≤ 1 year
€119k▲
2024 · €104k
Income taxes
€14k▲
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Total assets
20/58€349k€394k▲
Fixed assets
21/28€116k€144k▲
Tangible fixed assets
22/27€116k€144k▲
Current assets
29/58€233k€250k▲
Amounts receivable within one year
40/41€69k€51k▼
Cash & bank
54/58€155k€188k▲
Total equity & liabilities
10/49€349k€394k▲
Equity
10/15€245k€272k▲
Contributions / capital
10/11€20k€20k=
Reserves
13€112k€137k▲
Accumulated profits (losses)
14€113k€115k▲
Amounts payable
17/49€104k€121k▲
Amounts payable within one year
42/48€104k€119k▲
Trade debts payable within one year
44€17k€16k▼
Income statement
Code20242025
Gross operating margin
9900€83k€108k▲
Operating result
9901€40k€63k▲
Financial income
75€499€1k▲
Financial charges
65€4k€5k▲
Result before taxes
9903€37k€60k▲
Income taxes
67/77€9k€14k▲
Net result for the period
9904€28k€45k▲
Result to be appropriated
9905€28k€45k▲
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 8 days late
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 3.06
Current ratio from 1.28 to 3.06; short-term debt falls from €148k to €67k.
31-12
Financial
Equity above €200kEq €242k ▲23.4%
4 profitable years in a row build equity to €242k.
20-12
State Gazette act
Director changes
Sylvie SURMONT
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €19k ▼80.6%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €164k ▲13.1%
2 profitable years in a row build equity to €164k.
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
2 directors, last change in 2023
DEPOORTERE Aude
CurrentDirector · since 20-12-2023
DUCARMOIS Ronny
CurrentDirector · since 20-12-2023
20-12-2023
DEPOORTERE Aude: Appointed as Director
20-12-2023
DUCARMOIS Ronny: Appointed as Director
Not every act has been read: a resignation may be missing here
2 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Ath · 1 establishment unit since 2012
Ground area
4,353 m²
Building footprint
110 m²
Parcel 51033A0031/00F000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Ducarmois sprl
since 20122.209.145.997
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51033A0031/00F000 | Wallonia | 4,353 m² | 1 · 110 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
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BE 0464.244.869
Wuustwezel · Eq €273k
AB CONCEPTS
BE 0640.802.586
Bièvre · Eq €271k
P & M Grondwerken
BE 0443.927.428
Herselt · Eq €273k
GILIS ANDRE
BE 0461.093.953
Lummen · Eq €271k
VANDUFFEL
BE 0460.281.727
Hechtel-Eksel · Eq €274k
Of 8,397 companies in sector 43120 we hold annual accounts for 3,170. 2,450 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-04-2012
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
49410Freight transport by road
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 22-07-2026. Scores and ratios are computed by Checked and are not a credit decision.