Ducha
ActiveSummary
Ducha has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €554,791 and a net result of €84,670. Equity has been growing by about 11% per year since 2019. Its solvency ranks better than 94% of 39,272 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 10-10-2005 Normal situation
- Activity
- Business and other management consultancy NACE 70200and 2 others
- Joint committee
- 341 Paritair Comité voor de bemiddeling in bank- en beleggingsdiensten · annual accounts 30-09-2021
- Establishment unit
- 2.149.600.667 8531 Harelbeke, since 20-10-2005
- Financial year end
- 30 September
- Peppol
- Reachable since 09-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €123,735
- ▲ 51.0%
- Turnover
- ≈ €210,000
- estimated
- Profit
- €84,670
- ▲ 16.2%
- Equity
- €554,791
- ▲ 18.0%
- Total assets
- €585,433
- ▲ 4.2%
Score breakdownlowers riskSize: total assets €585,433Sector: Activities of head offices; management consultancy activities (NACE 70)Equity €554,791 (94.8% of total assets)Figures for financial year 2025 (filed on 18-03-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 70, micro). It does better than 86% of them on solvency, 49% on liquidity, 56% on profitability and 65% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 43 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 16-03-2026 PDF all 20 filings
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is 61% higher than in 2024. It is the second rise in a row, after the fall in 2023.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Staff
| Item | 30-09-2021 |
|---|---|
| Average over the year, in full-time equivalents | 0.5 |
| Joined | 0 |
| Left | 3 |
| Training hours | 33 |
Source: social balance sheet in the 2021 annual accounts
Securities and guarantees
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Carrying value of the other pledged assets | - | - | - | €22,081 | €22,081 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,608 | €50,210 | €4,309 | - | - |
| Financial fixed assets | €17,990 | - | - | - | - |
| Depreciation and write-downs of the year | €686 | €8,630 | €11,154 | €11,575 | €11,220 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as Ducha: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €532,000 and €674,000, founded between 2005 and 2007.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | Financial year |
|---|---|---|---|---|---|---|---|
| Ducha Harelbeke | 2005 | €585,433 | €554,791 | €123,735 | - | €84,670 | 2025 |
| DEBLAUWE Koksijde | 2007 | €572,138 | €538,400 | €125,869 | - | €90,784 | 2025 |
| Rujan Wingene | 2006 | €562,578 | €541,755 | €112,294 | - | €80,494 | 2026 |
| D & B Anzegem | 2006 | €532,084 | €209,915 | €116,651 | - | €50,141 | 2025 |
| Steve Nysten Knokke-Heist | 2007 | €625,344 | €405,884 | €129,577 | - | €80,762 | 2025 |
| MODES M.P. Oostende | 2005 | €673,692 | €664,038 | €119,448 | €230,145 | €78,736 | 2025 |
| CR77 Roeselare | 2007 | €551,377 | €166,105 | €124,113 | - | €52,460 | 2025 |
They were chosen from the 54,693 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 20,136 companies had the same profile as Ducha has now. Two years later, 0.2% had gone bankrupt and 95.0% were still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of Ducha itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,445 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 20,136 companies, not a prediction for Ducha. 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €208,999 | €166,875 | €0 | - | - | - |
| Remuneration, social security and pensions62 | - | - | €17,979 | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,551 | €3,767 | €686 | €8,630 | €11,154 | €11,575 | €11,220 | ▼ 3.1% |
| Other operating charges640/8 | - | - | €893 | €1,916 | €906 | €1,208 | €1,248 | ▲ 3.3% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €117 | - |
| Gross operating margin9900 | €107,131 | €155,847 | €286,706 | €192,163 | €32,909 | €81,946 | €123,735 | ▲ 51.0% |
| Operating profit (loss)9901 | €77,947 | €65,532 | €267,147 | €181,618 | €20,850 | €69,163 | €111,148 | ▲ 60.7% |
| Financial income75/76B | - | - | €4,256 | €11,393 | €11,942 | €7,651 | €13,856 | ▲ 81.1% |
| Recurring financial income75 | €285 | €285 | €4,256 | €11,393 | €11,942 | €7,651 | €13,856 | ▲ 81.1% |
| Financial charges65/66B | - | - | €15,720 | €1,302 | €24,841 | -€24,327 | €405 | - |
| Recurring financial charges65 | €4,179 | €4,043 | €15,720 | €1,302 | €24,841 | -€24,327 | €405 | - |
| Profit (loss) for the period before taxes9903 | €74,053 | €61,774 | €255,683 | €191,709 | €7,950 | €101,141 | €124,600 | ▲ 23.2% |
| Income taxes67/77 | €14,752 | €18,619 | €81,816 | €55,798 | €8,202 | €28,284 | €39,929 | ▲ 41.2% |
| Profit (loss) for the period9904 | €59,301 | €43,154 | €173,867 | €135,911 | -€252 | €72,858 | €84,670 | ▲ 16.2% |
| Transfer from tax-exempt reserves789 | - | - | €17,082 | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €59,301 | €43,154 | €190,949 | €135,911 | -€252 | €72,858 | €84,670 | ▲ 16.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €323,622 | €380,715 | €411,886 | €607,598 | €482,276 | €561,791 | €585,433 | ▲ 4.2% |
| Fixed assets21/28 | €3,552 | €1,921 | €20,832 | €62,411 | €55,566 | €43,991 | €32,653 | ▼ 25.8% |
| Intangible fixed assets21 | €1 | €1 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €3,551 | €1,920 | €2,842 | €44,422 | €37,576 | €26,001 | €14,663 | ▼ 43.6% |
| Plant, machinery and equipment23 | - | - | €2,386 | €1,792 | €1,198 | €0 | - | - |
| Furniture and vehicles24 | - | - | €456 | €42,629 | €36,378 | €26,001 | €14,663 | ▼ 43.6% |
| Financial fixed assets28 | - | - | €17,990 | €17,990 | €17,990 | €17,990 | €17,990 | = |
| Current assets29/58 | €320,069 | €378,793 | €391,055 | €545,187 | €426,710 | €517,800 | €552,780 | ▲ 6.8% |
| Amounts receivable after more than one year29 | - | - | - | €102,333 | €76,750 | €51,167 | €25,583 | ▼ 50.0% |
| Other amounts receivable291 | - | - | - | €102,333 | €76,750 | €51,167 | €25,583 | ▼ 50.0% |
| Amounts receivable within one year40/41 | €12,392 | €35,088 | €34,268 | €58,348 | €51,778 | €52,564 | €53,373 | ▲ 1.5% |
| Trade receivables40 | - | - | €0 | €7,334 | €0 | - | - | - |
| Other amounts receivable41 | - | - | €34,268 | €51,015 | €51,778 | €52,564 | €53,373 | ▲ 1.5% |
| Current investments50/53 | - | - | €99,000 | €248,105 | €223,562 | €348,105 | €433,105 | ▲ 24.4% |
| Cash at bank and in hand54/58 | €306,234 | €341,037 | €255,684 | €134,739 | €73,014 | €63,964 | €38,654 | ▼ 39.6% |
| Deferred charges and accrued income490/1 | - | - | €2,103 | €1,660 | €1,607 | €2,000 | €2,065 | ▲ 3.2% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €323,622 | €380,715 | €411,886 | €607,598 | €482,276 | €561,791 | €585,433 | ▲ 4.2% |
| Equity10/15 | €290,065 | €274,814 | €361,703 | €438,736 | €438,484 | €470,121 | €554,791 | ▲ 18.0% |
| Contributions10/11 | €25,000 | - | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Reserves13 | €265,065 | €249,814 | €336,703 | €413,736 | €413,484 | €445,121 | €529,791 | ▲ 19.0% |
| Non-distributable reserves130/1 | - | - | €2,500 | €0 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €2,500 | €0 | - | - | - | - |
| Tax-exempt reserves132 | - | - | €0 | - | - | - | - | - |
| Distributable reserves133 | - | - | €334,203 | €413,736 | €413,484 | €445,121 | €529,791 | ▲ 19.0% |
| Profit (loss) carried forward14 | €0 | - | €0 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €33,556 | €105,901 | €50,184 | €168,862 | €43,792 | €91,670 | €30,642 | ▼ 66.6% |
| Amounts payable after more than one year17 | - | - | - | €28,079 | €15,652 | €3,141 | €0 | ▼ 100% |
| Financial debts170/4 | - | - | - | €28,079 | €15,652 | €3,141 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €32,280 | €105,213 | €50,184 | €140,435 | €28,140 | €88,529 | €30,642 | ▼ 65.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €12,345 | €12,428 | €12,511 | €3,141 | ▼ 74.9% |
| Financial debts43 | - | - | - | - | - | - | €2,247 | - |
| Credit institutions430/8 | - | - | - | - | - | - | €2,247 | - |
| Trade debts44 | €2,910 | €13,501 | €6,905 | €6,872 | €466 | €62 | €83 | ▲ 33.7% |
| Suppliers440/4 | - | - | €6,905 | €6,872 | €466 | €62 | €83 | ▲ 33.7% |
| Taxes, remuneration and social security45 | - | - | €7,649 | €47,223 | €3,902 | €24,050 | €16,368 | ▼ 31.9% |
| Taxes450/3 | - | - | €7,649 | €47,223 | €3,902 | €24,050 | €16,368 | ▼ 31.9% |
| Remuneration and social security454/9 | - | - | €0 | - | - | - | - | - |
| Other amounts payable47/48 | - | - | €35,629 | €73,996 | €11,345 | €51,906 | €8,803 | ▼ 83.0% |
| Accrued charges and deferred income492/3 | - | - | €0 | €348 | €0 | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €59,301 | €43,154 | €173,867 | €135,911 | -€252 | €72,858 | €84,670 | ▲ 16.2% |
| + Depreciation and write-downs630 | €3,551 | €3,767 | €686 | €8,630 | €11,154 | €11,575 | €11,220 | ▼ 3.1% |
| Operating cash flow (approximation) | €62,852 | €46,921 | €174,553 | €144,541 | €10,902 | €84,433 | €95,891 | ▲ 13.6% |
| Investment in fixed assets (approximation) | - | -€2,136 | -€19,597 | -€50,210 | -€4,309 | €0 | €117 | - |
| Change in cash | - | €34,803 | -€85,352 | -€120,945 | -€61,726 | -€9,050 | -€25,310 | ▼ 180% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 16-03-2026 | 2026-00056193 | |
| 30-09-2024 | micro format | 18-12-2024 | 2024-00620073 | |
| 30-09-2023 | micro format | 11-03-2024 | 2024-00044159 | |
| 30-09-2022 | micro format | 13-03-2023 | 2023-00038436 | |
| 30-09-2021 | micro format | 29-04-2022 | 2022-20012720 | |
| 30-09-2020 | micro format | 26-04-2021 | 2021-11300299 | |
| 30-09-2019 | micro format | 09-04-2020 | 2020-09000286 | |
| 30-09-2018 | micro format | 11-03-2019 | 2019-07000015 | |
| 30-09-2017 | abbreviated format | 09-03-2018 | 2018-06600156 | |
| 30-09-2016 | abbreviated format | 10-03-2017 | 2017-06100385 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 02-12-2022 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DUCHI Tom |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “1, algemene vergadering”
Articles of association, deed of 02-12-2022 (in Dutch)
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- Sourceown accounts 30-09-2025Equity €278,266 Profit of €244,434 in 2025 (profit of €246,718 in 2024)26%
Companies at the same address
2 other companiesConnections & network
1 current directorThe network starts from the directors of Ducha. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
02-12
Gazette deed
Company renamed from Kantoor Duchi-Hanssens to DUCHAChange of role: DUCHI Tom, from manager to director · Capital conversion · Purpose change14 points ▸
- General meeting, 10-10-2022
- Other provision, “aanpassing statuten aan WVV, Eerste besluit” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, 10-10-2022
- Purpose change
- Name change, DUCHA
- Amendment of the articles
- Capital
- Director resignation, DUCHI Tom (manager)
- Director discharge, DUCHI Tom
- Director appointment, DUCHI Tom (director)
- Registered office clause, “Vlaams Gewest, 8531 Harelbeke (Bavikhove),Hoogstraat 40” (deed in Dutch)
- The act holds 2 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
8 activities
- Het optreden als zelfstandige bank- en spaarbankagent en dit op het vlak van allerlei beleggingen,kredieten en betalingsverkeer.
- Het optreden als bemiddelaar inzake verzekeringen en als kredietmakelaar.
- Bemiddeling bij de aankoop,verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen; de aan- en verkoop,huur en verhuur van roerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen,alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium,alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen.
- De vennootschap mag alle verrichtingen stellen van commerciële,industriële,onroerende,roerende of financiële aard die rechtstreeks of onrechtstreeks met haar voorwerp verwant of verknocht zijn of de verwezenlijking ervan kunnen bevorderen.
- De vennootschap mag betrokken zijn bij wijze van inbreng,samensmelting,inschrijving of op elke andere wijze,in de ondernemingen,verenigingen of vennootschappen,die een gelijkaardig,soortgelijk of samenhangend voorwerp hebben of die nuttig zijn voor de verwezenlijking van het geheel of een gedeelte van haar voorwerp,doch met uitdrukkelijke uitzondering voor wat betreft het optreden als zelfstandige bank- of spaarbankagent waarvoor een absolute exclusiviteit geldt.
- Zij kan de functie of het mandaat van zaakvoerder/bestuurder of vereffenaar van andere vennootschappen uitoefenen.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34004A0316/00M004 | Flanders | 2,771 m² | 1 · 124 m² | 12.5 m · 3 |