DUET
InactiveDUET was declared bankrupt on 02-02-2023 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed by liquidation by judgment of 28-10-2025, published in the Belgian State Gazette on 13-11-2025.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 04-08-2021, 4 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
not filed
2021
not filed
2020
4 d late
2019
118 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€-58k▼ 87.9%
2019 · €-31k
2018: €38k
2019: €-31k
2018 → 2020
Total assets
€48k▼ 4.0%
2019 · €50k
2018: €101k
2019: €50k
2018 → 2020
Net result
€-27k▲ 60.6%
2019 · €-69k
2018: €-19k
2019: €-69k
2018 → 2020
Working capital
€-53k▼ 142%
2019 · €-22k
2018: €36k
2019: €-22k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€38k-€-31k€-58k▼ 87.9%
Operating result€-18k-€-68k▼ 272%€-26k▲ 61.6%
Net result€-19k-€-69k▼ 258%€-27k▲ 60.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €26k in 2020 against €68k in 2019; the loss shrinks.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €48k
Fixed assets
€2k ▼ 13.0%
Current assets
€46k ▼ 3.6%
Key figures and ratios
EBITDA
€-26k▲
2019 · €-68k
Cash flow
€-27k▲
2019 · €-69k
Solvency
-122.7%▼
2019 · -62.7%
Current ratio
0.47▼
2019 · 0.69
Quick ratio
0.22▼
2019 · 0.34
Debt to equity
-0.13▲
2019 · -0.37
ROA
-57.4%▲
2019 · -139.9%
Debt
€106k▲
2019 · €81k
Debt ≤ 1 year
€98k▲
2019 · €69k
Debt > 1 year
€8k▼
2019 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 24 lines
Balance sheet
Code20192020
Assets
Total assets20/58€50k€48k▼
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€813€526▼
Financial fixed assets28€1k€1k=
Current assets29/58€47k€46k▼
Stocks and contracts in progress3€24k€24k=
Amounts receivable within one year40/41€16k€3k▼
Cash at bank and in hand54/58€8k€19k▲
Equity and liabilities
Total equity and liabilities10/49€50k€48k▼
Equity10/15€-31k€-58k▼
Contributions10/11€19k€19k=
Reserves13€53k€53k=
Profit (loss) carried forward14€-103k€-130k▼
Amounts payable17/49€81k€106k▲
Amounts payable after more than one year17€12k€8k▼
Amounts payable within one year42/48€69k€98k▲
Trade debts44€24k€31k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€551€287▼
Gross operating margin9900€33k€-26k▼
Operating profit (loss)9901€-68k€-26k▲
Recurring financial charges65€1k-
Profit (loss) for the period before taxes9903€-69k€-27k▲
Profit (loss) for the period9904€-69k€-27k▲
Profit (loss) for the period to be appropriated9905€-69k€-27k▲
Timeline · acts, filings and financial milestones
2025
13-11
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · DUET BVBA AREN- BERGSTRAAT 10, 2000 ANTWERPEN 1 · event 28-10-2025
2023
08-02
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · DUET BVBA ARENBERG- STRAAT 10, 2000 ANTWERPEN 1 · event 02-02-2023
2021
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 118 days late
2019
31-12
Financial
Weakest financial yearnet €-69k
Net result drops to €-69k, the lowest in the series.
18-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 49 days late
2018
01-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 1 day late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 58 days late
2016
04-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
22-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
16-09
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 47 days late
2013
01-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
21-07
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | TOMAS BRUNEEL MUSEUMSTRAAT 31-33,
2000 ANTWERPEN 1 |
02-02-2023 → 28-10-2025 |