DUCHESSE
ActiveSummary
For DUCHESSE, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €861,401 and a net result of €72,885. Equity remains stable across the filed fiscal years (±0% per year). The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability64=
Solvency69▲+7
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022Solvency, return and age of the figures
Solvency
43.7%
Return on assets
3.7%
Age of the figures
45 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
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline01-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 16-08-2023, 16 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
16 d late
2021
31 d late
2020
23 d late
2019
20 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 23 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2022, micro schema
Equity
€861,401▲ 6.9%
2021 · €805,786
Total assets
€2.0m▼ 9.4%
2021 · €2.2m
Net result
€72,885▲ 109%
2021 · €34,848
Working capital
-€564,899▲ 29.0%
2021 · -€795,583
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result-€24,016-€402-€16,062€65,853€106,010▲ 61.0%
Net result-€56,089--€29,645▲ 47.1%-€41,249▼ 39.1%€34,848€72,885▲ 109%
Equity€843,456-€813,812▼ 3.5%€770,939▼ 5.3%€805,786▲ 4.5%€861,401▲ 6.9%
Total assets€2.2m-€2.1m▼ 5.6%€2.0m▼ 5.1%€2.2m▲ 8.9%€2.0m▼ 9.4%
Debt€1.2m-€1.1m▼ 6.4%€1.1m▼ 4.2%€1.2m▲ 16.3%€991,903▼ 19.5%
Working capital-€551,609--€614,791▼ 11.5%-€628,248▼ 2.2%-€795,583▼ 26.6%-€564,899▲ 29.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2020 the operating result has climbed two years in a row; 2022 is 61% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €2.0m
Fixed assets
€1.9m ▼ 10.9%
Current assets
€90,281 ▲ 41.4%
Equity and liabilities €2.0m
Equity
€861,401 ▲ 6.9%
Provisions
€117,783 ▼ 13.9%
Debt
€991,903 ▼ 19.5%
Debt's share of the balance-sheet total falls from 56.7% to 50.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€193,593▲
2021 · €158,380
Cash flow
€160,468▲
2021 · €127,374
Current ratio
0.14▲
2021 · 0.07
Debt to equity
1.15▼
2021 · 1.53
ROE
8.5%▲
2021 · 4.3%
ROA
3.7%▲
2021 · 1.6%
Interest coverage
4.83▼
2021 · 5.19
Debt ≤ 1 year
€655,180▼
2021 · €859,420
Debt > 1 year
€336,723▼
2021 · €373,147
Income taxes
€29,353▼
2021 · €30,713
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €78,248 | €111,017 | ▲ 41.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €93,469 | €97,952 | €98,149 | €92,527 | €87,583 | ▼ 5.3% |
| Other operating charges640/8 | - | - | - | €10,263 | €10,417 | ▲ 1.5% |
| Gross operating margin9900 | €80,055 | €108,991 | €93,496 | €168,643 | €204,010 | ▲ 21.0% |
| Operating profit (loss)9901 | -€24,016 | €402 | -€16,062 | €65,853 | €106,010 | ▲ 61.0% |
| Recurring financial income75 | €8 | €96 | €0 | - | - | - |
| Financial charges65/66B | - | - | - | €30,504 | €40,080 | ▲ 31.4% |
| Recurring financial charges65 | €51,277 | €38,523 | €36,969 | €30,504 | €40,080 | ▲ 31.4% |
| Profit (loss) for the period before taxes9903 | -€75,285 | -€38,025 | -€53,031 | €35,349 | €65,930 | ▲ 86.5% |
| Transfer from deferred taxes780 | - | - | - | €49,773 | €64,063 | ▲ 28.7% |
| Transfer to deferred taxes680 | - | - | - | €19,562 | €27,754 | ▲ 41.9% |
| Income taxes67/77 | €1,021 | €11,590 | €5,433 | €30,713 | €29,353 | ▼ 4.4% |
| Profit (loss) for the period9904 | -€56,089 | -€29,645 | -€41,249 | €34,848 | €72,885 | ▲ 109% |
| Transfer from tax-exempt reserves789 | - | - | - | €83,447 | €61,347 | ▼ 26.5% |
| Transfer to tax-exempt reserves689 | - | - | - | €58,686 | €83,263 | ▲ 41.9% |
| Profit (loss) for the period to be appropriated9905 | -€6,591 | €19,248 | €10,399 | €59,609 | €50,969 | ▼ 14.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.2m | €2.1m | €2.0m | €2.2m | €2.0m | ▼ 9.4% |
| Fixed assets21/28 | €2.1m | €2.1m | €2.0m | €2.1m | €1.9m | ▼ 10.9% |
| Tangible fixed assets22/27 | €2.1m | €2.1m | €2.0m | €2.1m | €1.9m | ▼ 10.9% |
| Land and buildings22 | - | - | - | €2.1m | €1.8m | ▼ 11.2% |
| Plant, machinery and equipment23 | - | - | - | - | €2,713 | - |
| Furniture and vehicles24 | - | - | - | €61,139 | €57,045 | ▼ 6.7% |
| Current assets29/58 | €111,657 | €38,433 | €23,855 | €63,838 | €90,281 | ▲ 41.4% |
| Amounts receivable within one year40/41 | - | - | €4,567 | €39,186 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €39,186 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €108,455 | €35,764 | €17,662 | €23,977 | €88,561 | ▲ 269% |
| Deferred charges and accrued income490/1 | - | - | - | €675 | €1,720 | ▲ 155% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.2m | €2.1m | €2.0m | €2.2m | €2.0m | ▼ 9.4% |
| Equity10/15 | €843,456 | €813,812 | €770,939 | €805,786 | €861,401 | ▲ 6.9% |
| Contributions10/11 | €464,000 | €464,000 | €464,000 | €464,000 | €464,000 | = |
| Capital10 | - | - | - | €464,000 | €464,000 | = |
| Issued capital100 | - | - | - | €464,000 | €464,000 | = |
| Reserves13 | €386,048 | €349,812 | €306,939 | €341,786 | €397,401 | ▲ 16.3% |
| Non-distributable reserves130/1 | - | - | - | €46,400 | €46,400 | = |
| Legal reserve130 | - | - | - | €46,400 | €46,400 | = |
| Tax-exempt reserves132 | - | - | - | €252,582 | €257,228 | ▲ 1.8% |
| Distributable reserves133 | - | - | - | €42,804 | €93,773 | ▲ 119% |
| Profit (loss) carried forward14 | -€6,591 | - | -€6,591 | - | - | - |
| Provisions and deferred taxes16 | €204,220 | €184,249 | €167,033 | €136,822 | €117,783 | ▼ 13.9% |
| Deferred taxes168 | - | - | - | €136,822 | €117,783 | ▼ 13.9% |
| Amounts payable17/49 | €1.2m | €1.1m | €1.1m | €1.2m | €991,903 | ▼ 19.5% |
| Amounts payable after more than one year17 | €519,392 | €453,668 | €408,008 | €373,147 | €336,723 | ▼ 9.8% |
| Financial debts170/4 | - | - | - | €373,147 | €336,723 | ▼ 9.8% |
| Amounts payable within one year42/48 | €663,266 | €653,225 | €652,103 | €859,420 | €655,180 | ▼ 23.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €34,861 | €36,424 | ▲ 4.5% |
| Trade debts44 | €10,299 | €4,636 | €4,491 | - | €5,300 | - |
| Suppliers440/4 | - | - | - | - | €5,300 | - |
| Taxes, remuneration and social security45 | - | - | - | €31,125 | €60,997 | ▲ 96.0% |
| Taxes450/3 | - | - | - | €31,125 | €60,997 | ▲ 96.0% |
| Other amounts payable47/48 | - | - | - | €793,434 | €552,459 | ▼ 30.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€56,089 | -€29,645 | -€41,249 | €34,848 | €72,885 | ▲ 109% |
| + Depreciation and write-downs630 | €93,469 | €97,952 | €98,149 | €92,527 | €87,583 | ▼ 5.3% |
| Operating cash flow (approximation) | €37,380 | €68,308 | €56,900 | €127,374 | €160,468 | ▲ 26.0% |
| Investment in fixed assets (approximation) | - | -€45,795 | -€5,857 | -€229,636 | €142,948 | ▲ 162% |
| Change in cash | - | -€72,691 | -€18,102 | €6,315 | €64,584 | ▲ 923% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
31-12
Financial
Highest result since 2018net €72,885 ▲109%
Operating result €106,010, net result €72,885, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €34,848
Net result €34,848 after 3 loss-making years.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
24-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
18-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 18 days late
2014
24-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 6 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Oostende · 1 establishment unit since 2025
Ground area
1,216 m²
Parcel 35382B0032/00P007, Flanders. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Duchesse
since 20252.382.104.620
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35382B0032/00P007 | Flanders | 1,216 m² | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company details
Identification
Legal formPublic limited company
Founded24-05-1989
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0437548291
Also
9925:BE0437548291
Registered
16-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.