DUCKAERT
ActiveDUCKAERT has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €49k and a net result of €177k. Equity is shrinking by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 44% of 11200 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
86
/ 100
Excellent▼ -3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency63▼-4
Growth58=
Stability100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.44 against 1.5 in 2024), and 66% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
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
34%
Return on assets
124%
Age of the figures
8 mo
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 18-05-2026, 74 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
74 d early
2024
21 d early
2023
57 d early
2022
42 d early
2021
17 d late
2020
32 d early
2019
80 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€49k▼ 34.4%
2024 · €74k
2019: €82k
2020: €87k
2021: €115k
2022: €70k
2023: €21k
2024: €74k
2019 → 2025
Total assets
€143k▼ 30.6%
2024 · €206k
2019: €159k
2020: €130k
2021: €148k
2022: €106k
2023: €144k
2024: €206k
2019 → 2025
Net result
€177k▲ 2.6%
2024 · €173k
2019: €64k
2020: €4k
2021: €28k
2022: €-32k
2023: €51k
2024: €173k
2019 → 2025
Working capital
€41k▼ 37.2%
2024 · €65k
2019: €66k
2020: €69k
2021: €95k
2022: €59k
2023: €15k
2024: €65k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€115k-€70k▼ 39.1%€21k▼ 69.7%€74k▲ 249%€49k▼ 34.4%
Operating result€36k-€-32k€60k€226k▲ 279%€233k▲ 3.0%
Net result€28k-€-32k€51k€173k▲ 238%€177k▲ 2.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 3% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €143k
Fixed assets
€9k▲ 0.3%
Current assets
€134k▼ 32.0%
Equity and liabilities €143k
Equity
€49k▼ 34.4%
Debt
€94k▼ 28.4%
The debt ratio rises from 64.0% to 66.0%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€237k▲
2024 · €230k
Cash flow
€182k▲
2024 · €176k
Solvency
34.0%▼
2024 · 36.0%
Current ratio
1.44▼
2024 · 1.50
Quick ratio
1.44▼
2024 · 1.50
Debt / equity
1.94▲
2024 · 1.78
ROE
364.6%▲
2024 · 233.0%
ROA
124.0%▲
2024 · 83.9%
Interest coverage
147.52▼
2024 · 448.60
Debt
€94k▼
2024 · €132k
Debt ≤ 1 year
€93k▼
2024 · €132k
Income taxes
€54k▲
2024 · €53k
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
Assets
Total assets20/58€206k€143k▼
Fixed assets21/28€9k€9k▲
Tangible fixed assets22/27€9k€9k▲
Furniture and vehicles24€9k€9k▲
Current assets29/58€197k€134k▼
Amounts receivable within one year40/41€38k€27k▼
Trade receivables40€38k€26k▼
Other amounts receivable41€306€953▲
Cash at bank and in hand54/58€158k€104k▼
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€206k€143k▼
Equity10/15€74k€49k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€54k€28k▼
Amounts payable17/49€132k€94k▼
Amounts payable within one year42/48€132k€93k▼
Trade debts44€473€15k▲
Suppliers440/4€473€15k▲
Taxes, remuneration and social security45€10k€12k▲
Taxes450/3€10k€12k▲
Other amounts payable47/48€121k€67k▼
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€437€400▼
Gross operating margin9900€230k€238k▲
Operating profit (loss)9901€226k€233k▲
Financial income75/76B€47€0▼
Recurring financial income75€47€0▼
Financial charges65/66B€512€2k▲
Recurring financial charges65€512€2k▲
Profit (loss) for the period before taxes9903€226k€231k▲
Income taxes67/77€53k€54k▲
Profit (loss) for the period9904€173k€177k▲
Profit (loss) for the period to be appropriated9905€173k€177k▲
Appropriation of the result
Profit (loss) to be appropriated9906€174k€216k▲
Profit (loss) brought forward from the previous period14P€866€39k▲
Profit to be distributed694/7€120k€188k▲
Return on contributions (dividend)694€120k€188k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2019net €177k ▲2.6%
Operating result €233k, net result €177k, both a record.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €51k
Net result €51k after one loss-making year.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-32k ▼214%
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
31-12
Financial
Equity above €100kEq €115k ▲32.8%
3 profitable years in a row build equity to €115k.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
12-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zemst · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Prinsenveldstraat 271981 ZemstGround area
1,141 m²
Building footprint
104 m²
Volume, LiDAR
30 m³
Parcel 23034B0043/00K004, Flanders · tallest building 2.4 m. Linked by address, not a title deed.
1 establishment unit
DUCKAERT
since 20192.284.517.274
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23034B0043/00K004 | Flanders | 1,141 m² | 1 · 104 m² | 2.4 m |
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.
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HADDOCK INSTRUMENTS
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Of 6,128 companies in sector 46190 we hold annual accounts for 2,554. 1,913 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-01-2019
Fiscal year end31-12
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.