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Duco Technology

Active
Private limited companyfounded 2020active for 6 yearsOlijftakstraat 7-13, 2060 Antwerpen, Belgium14 active companies are registered at this addressKBO/BCE: BE 0755.889.326
Summary

Duco Technology has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€4.1m) and a net result of -€1.6m. Equity is shrinking by about 41% per year across the filed financial years. Its solvency ranks better than 5% of 87 sector peers (NACE 62, financial year 2026). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Activity
Computer programming
NACE 62100
1 site
Size
€2.1mtotal assets 2025
Staff
14.3 FTE
Equity
-€4.1m
Loss
-€1.6m
Turnover not published (abbreviated or micro format)
Financial health
55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.1%
Structure
Parent
Duco Technology Poland sp. z o.o. · 100%
Accounts 2 days early2 of 10 deeds read
Why 55raises riskCapped at 59: negative equityNegative equity -€2.0m1 change of registered office in 24 monthslowers riskSector: Computer programming, consultancy and related activities (NACE 62)Profit of €2.1m (financial year 2026)Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 48% of its sector peers (NACE 62, small)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Weak
Solvency 0=
equity -196.0% of total assets
Liquidity 17-3
short-term debt 250.7% · cash 13.5%
Profitability 4+4
return on assets -77.4%
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (1,163 companies, NACE 62, small)
Last 24 months 11-2024: 1.0% 12-2024: 1.0%● unchanged vs 11-2024 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025lowest value 04-2025: 1.0%● unchanged vs 03-2025lowest value 05-2025: 1.1%▲ +0.1 percentage points vs 04-2025 06-2025: 1.9%▲ +0.8 percentage points vs 05-2025 07-2025: 2.0%▲ +0.1 percentage points vs 06-2025 08-2025: 2.5%▲ +0.5 percentage points vs 07-2025 09-2025: 2.8%▲ +0.3 percentage points vs 08-2025 10-2025: 4.3%▲ +1.5 percentage points vs 09-2025 11-2025: 4.3%● unchanged vs 10-2025highest value 12-2025: 2.0%▼ -2.3 percentage points vs 11-2025 01-2026: 2.1%▲ +0.1 percentage points vs 12-2025 02-2026: 2.1%● unchanged vs 01-2026 03-2026: 2.1%● unchanged vs 02-2026 04-2026: 2.1%● unchanged vs 03-2026 05-2026: 2.2%▲ +0.1 percentage points vs 04-2026 06-2026: 2.1%▼ -0.1 percentage points vs 05-2026 07-2026: 2.1%● unchanged vs 06-2026 08-2026: 2.1%● unchanged vs 07-2026 09-2026: 2.2%▲ +0.1 percentage points vs 08-2026 10-2026: 1.1%▼ -1.1 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.23, compared with 0.15 in 2023, below 1; short-term debt: 250.7% and cash: 13.5% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 62, small): better than 2% on solvency, 9% on liquidity, 97% on profitability and 82% on growth.

The bankruptcy probability was computed on 17-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€2.0m
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Profit of €2.1m (financial year 2026)
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
21222325
2021 to 2025 · latest year -€4.1m
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
2 days early
2023
9 days early
2022
76 days early
2021
58 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 36 days before the deadline; the sector median (NACE 62) for financial year 2023 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Michael Chin (director)Appointment: Christian Nentwich (director)
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Registered officeRegistered-office move

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€4.1m View
  • Risk: 4 loss-making years in a rowloss financial year 2025 -€1.6m View
  • Caution: Among the weakest 5% on solvencysector median 54.7% · 87 companies -121.0% View
  • Caution: Board changedlatest change 16-03-2026 · 1 in office 1 joined · 1 left View
  • Controlled by Duco Technology Poland sp…ultimately: Duco Technology Poland 100% View
  • Flemish supportawarded from 2022 to 2025 €308,890 View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

By topic

Financials

Financial year
2025
Total assets
€2.1m
Loss
-€1.6m
Solvency
-196.0%
Total assets▲ 14.8%
Net result
20212025
Go to Financials

Board & ownership

Board
1 member
Parent
Duco Technology Poland sp… · 100%
  • Christian NentwichDirector
Go to Board & ownership

Timeline

Events
7
Since
2022
  1. 31-03-2025Weakest financial year
  2. 22-07-2024Annual accounts filed
  3. 16-05-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Computer programmingNACE 62100
Founded
08-10-2020
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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