Losses
Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.
Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.
Ten of the last ten came late. The 2023 accounts came latest: 63 days after the end of the period.
Lower net result than 92% of companies in real estate. Sector median €5,854 · 19,790 companies.
In July 2024, 8,609 companies had the same profile as DUCATORZE has now. Each dot stands for 22 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 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 | 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 8,609 companies, not a prediction for DUCATORZE. 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.
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.
| Company | ||||
|---|---|---|---|---|
| DUCATORZE Uccle | €0.9m | -€46,250 | 77.0% | - |
| WETINVEST II Uccle | €0.9m | -€6,738 | -1.1% | - |
| TANA PROPERTIES Uccle | €1.2m | -€5,028 | 32.7% | - |
| KESCO TRADE AND TRANS EUROPE Ixelles | €1.0m | -€9,655 | -54.5% | - |
| IMMO BAO Forest | €0.8m | -€600 | 12.2% | - |
| DAVID VERMEESCH Brussels | €0.9m | -€10,868 | 11.0% | - |
| BEAUTIFUL HOME Ternat | €0.8m | -€18,235 | 98.5% | - |
These companies have the same main activity as DUCATORZE: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €811,000 and €1.2m, founded between 1997 and 2006.
DUCATORZE files the micro format. That format states no turnover. The gross margin fell from €126,546 in 2006 to -€46,250 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.
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