Equity
€54,911 from €108,914 in 2015
Equity fell by 50% in 9 years.
DUCHATEL
Lifetime
15 annual accounts with figures on one time axispeak €55,401 (2013)
€284▲ €3,325
lowest -€20,480 (2017)
-€5,536▲ €2,097
peak €108,914 (2015)
€54,911▼ 9.2%
€48,510▼ 5.0%
Board2 names since 2018
1 directorDuchatel Philippe
Documentsfilings and deeds
10-10-202571 days late
2024micro format
Gross margin from -€3,041 to €284Loss of €5,536Cash from €4,429 to €9,607
Key points
from the 2024 annual accountsChecked score
54
Fair
Financially stronger than 31% of micro companies in repair and installation of machinery (NACE 33)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 2,397 companies (NACE 33, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.5%
01-2025: 1.4%▼ -0.1 percentage points vs 12-2024
02-2025: 1.4%● unchanged vs 01-2025
03-2025: 1.4%● unchanged vs 02-2025
04-2025: 1.4%● unchanged vs 03-2025
05-2025: 1.3%▼ -0.1 percentage points vs 04-2025
06-2025: 1.2%▼ -0.1 percentage points vs 05-2025
07-2025: 1.4%▲ +0.2 percentage points vs 06-2025
08-2025: 1.8%▲ +0.4 percentage points vs 07-2025
09-2025: 1.8%● unchanged vs 08-2025
10-2025: 2.3%▲ +0.5 percentage points vs 09-2025highest value
11-2025: 1.0%▼ -1.3 percentage points vs 10-2025
12-2025: 1.0%● unchanged vs 11-2025
01-2026: 1.0%● unchanged vs 12-2025
02-2026: 1.0%● unchanged vs 01-2026
03-2026: 1.0%● unchanged vs 02-2026
04-2026: 1.0%● unchanged vs 03-2026
05-2026: 1.0%● unchanged vs 04-2026
06-2026: 0.9%▼ -0.1 percentage points vs 05-2026lowest value
07-2026: 1.0%▲ +0.1 percentage points vs 06-2026
08-2026: 1.4%▲ +0.4 percentage points vs 07-2026
09-2026: 1.4%● unchanged vs 08-2026
10-2026: 1.8%▲ +0.4 percentage points vs 09-2026
11-2026: 1.8%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Figures for financial year 2024 (filed on 10-10-2025)
1 financial year not filed after the legal deadline; last filed accounts filed 71 days late; 2 of the last 3 accounts late
lowers risk
Founded in 2009
Equity €54,911 (53.1% of total assets)
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 33, micro). It does better than 60% of them on solvency, 27% on liquidity, 11% on profitability and 24% 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 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 6,908 companies had the same profile as DUCHATEL has now. Each dot stands for 18 companies, two years later.
90.9%
were still trading
7.8%
stopped another way
1.1%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of DUCHATEL itself is higher: 1.8% within 12 months. It rests on far more data about DUCHATEL than the profile alone.
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 6,908 companies, not a prediction for DUCHATEL. 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 €2,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 2.0 (2.01 in 2023), above the usual 1.5. Short-term debt is 46.9% and cash 9.3% of total assets. 46.9% 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
Seven signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€5,536
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 101 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline09-11-2026 today
raises risk · 2024 accounts filed 71 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
71 days late
2023
5 days early
2022
67 days late
2021
73 days late
2020
90 days late
2019
81 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 63 days after the deadline. In the sector (NACE 33), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0817575980
Resignation: Timmermans Braam (manager)
General meeting of 10-10-2018 · Gazette deed
Incorporation
published on 17-08-2009 · Gazette deed
First establishment
Kasteelstraat 54, Denderleeuw
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DUCHATEL Denderleeuw | €103,421 | €284 | 53.1% | - |
| Na-Tec Waregem | €106,930 | -€36,733 | 62.4% | - |
| PSJ - SOLUTIONS Lommel | €117,530 | -€15,510 | 53.3% | - |
| Jacklo Automation Verviers | €81,215 | -€26,124 | 84.7% | - |
| MAXELE Boechout | €124,052 | -€6,344 | 65.1% | - |
| MASU Works Kruisem | €142,467 | -€9,208 | -17.9% | - |
| PNDA Châtelet | €42,957 | -€8,559 | 52.3% | - |
These companies have the same main activity as DUCHATEL: installation of industrial machinery and equipment (NACE 33200). They are comparable in size and age: total assets between €43,000 and €142,000, founded between 2009 and 2015.
Official details
Source: KBO- Status
- Active since 05-08-2009Normal situation
- Activity
- Installation of industrial machinery and equipmentNACE 33200and 2 others
- Establishment unit
- 2.184.877.0929470 Denderleeuw, since 28-07-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 24-01-2026
Insights on DUCHATEL
DUCHATEL files the micro format. That format states no turnover. The gross margin fell from €49,156 in 2010 to €284 in 2024.
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 DUCHATEL
- What is the company number of DUCHATEL?
- The company number of DUCHATEL is 0817.575.980. The VAT number is the same number with BE in front: BE 0817.575.980.
- Where is DUCHATEL based?
- The registered office is at Kasteelstraat 54, 9470 Denderleeuw.Company details
- What does DUCHATEL do?
- According to the KBO register, the main activity is installation of industrial machinery and equipment (NACE 33200).
- What is the legal form of DUCHATEL?
- DUCHATEL is a private limited company (pre-2019) (BVBA).
- When was DUCHATEL founded?
- DUCHATEL was founded on 05-08-2009.
- Is DUCHATEL still active?
- Yes, DUCHATEL is an active enterprise in the KBO register.
- What is the turnover of DUCHATEL?
- The turnover in financial year 2024 is ≈ €2,200. This figure is estimated from the gross margin of €284 and 6,297 comparable companies of the same size. It probably lies between €990 and €5,200. It is a rough estimate.Financials
- Is DUCHATEL profitable?
- In financial year 2024, DUCHATEL made a loss of €5,536.
- Where can I find the annual accounts of DUCHATEL?
- DUCHATEL filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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