DUFO WEST
ActiveSummary
DUFO WEST has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.23M and a net result of €229k. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 70% of 1736 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+14
Solvency87▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 3.29 against 3.1 in 2024; short-term debt: 14.7% and cash: 14.2% of total assets), and 37.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
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
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
62.1%
Return on assets
11.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
4 d late
2023
33 d early
2022
29 d late
2021
24 d late
2020
31 d late
2019
90 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€2.31M
EBIT margin
7.9%
Net result
€229k▼ 0.4%
2024 · €230k
2018: €-31k
2019: €245k
2020: €-56k
2021: €-184k
2022: €54k
2023: €152k
2024: €230k
2018 → 2025
Working capital
€668k▲ 7.1%
2024 · €624k
2018: €257k
2019: €548k
2020: €484k
2021: €275k
2022: €249k
2023: €406k
2024: €624k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€2.31M
Equity€563k-€613k▲ 9.0%€773k▲ 26.1%€999k▲ 29.2%€1.23M▲ 23.3%
Operating result€-171k-€74k€183k▲ 148%€320k▲ 74.7%€315k▼ 1.6%
Net result€-184k-€54k€152k▲ 180%€230k▲ 51.0%€229k▼ 0.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 2% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.98M
Fixed assets
€1.02M ▲ 12.2%
Current assets
€960k ▲ 4.2%
Equity and liabilities €1.98M
Equity
€1.23M ▲ 23.3%
Provisions
€13k ▲ 12.5%
Debt
€739k ▼ 10.2%
Debt's share of the balance-sheet total falls from 44.9% to 37.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€441k
Cash flow
€354k
Current ratio
3.29▲
2024 · 3.10
Quick ratio
1.69▲
2024 · 1.64
Debt to equity
0.60▼
2024 · 0.82
ROE
18.6%▼
2024 · 23.0%
ROA
11.5%▼
2024 · 12.5%
Interest coverage
40.87
Debt ≤ 1 year
€292k▼
2024 · €298k
Debt > 1 year
€415k▼
2024 · €507k
Income taxes
€99k▲
2024 · €82k
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 · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.83M€1.98M▲
Fixed assets21/28€912k€1.02M▲
Intangible fixed assets21€9k€5k▼
Tangible fixed assets22/27€886k€1.00M▲
Land and buildings22€718k€673k▼
Plant, machinery and equipment23€83k€275k▲
Furniture and vehicles24€84k€54k▼
Financial fixed assets28€17k€17k=
Current assets29/58€921k€960k▲
Stocks and contracts in progress3€433k€467k▲
Stocks30/36€433k€467k▲
Amounts receivable within one year40/41€36k€54k▲
Trade receivables40€34k€51k▲
Other amounts receivable41€3k€3k▲
Current investments50/53-€150k
Cash at bank and in hand54/58€444k€281k▼
Deferred charges and accrued income490/1€8k€8k▲
Equity and liabilities
Total equity and liabilities10/49€1.83M€1.98M▲
Equity10/15€999k€1.23M▲
Contributions10/11€19k€19k=
Reserves13€381k€609k▲
Distributable reserves133€381k€609k▲
Profit (loss) carried forward14€560k€561k▲
Investment grants15€39k€43k▲
Provisions and deferred taxes16€11k€13k▲
Deferred taxes168€11k€13k▲
Amounts payable17/49€823k€739k▼
Amounts payable after more than one year17€507k€415k▼
Financial debts170/4€507k€415k▼
Amounts payable within one year42/48€298k€292k▼
Current portion of amounts payable after more than one year42€129k€93k▼
Trade debts44€59k€46k▼
Suppliers440/4€59k€46k▼
Taxes, remuneration and social security45€83k€131k▲
Taxes450/3€83k€131k▲
Other amounts payable47/48€27k€23k▼
Accrued charges and deferred income492/3€18k€32k▲
Income statement
Code20242025
Non-recurring operating income76A-€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€126k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€126k-
Other operating charges640/8€17k€18k▲
Gross operating margin9900€463k€459k▼
Operating profit (loss)9901€320k€315k▼
Financial income75/76B€4k€18k▲
Recurring financial income75€4k€18k▲
Financial charges65/66B€14k€11k▼
Recurring financial charges65€14k€11k▼
Profit (loss) for the period before taxes9903€311k€323k▲
Transfer from deferred taxes780€1k€5k▲
Income taxes67/77€82k€99k▲
Profit (loss) for the period9904€230k€229k▼
Profit (loss) for the period to be appropriated9905€230k€229k▼
Appropriation of the result
Profit (loss) to be appropriated9906€790k€789k▼
Profit (loss) brought forward from the previous period14P€560k€560k=
Transfer to equity691/2€230k€228k▼
To other reserves6921€230k€228k▼
The notes to these accounts (15 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Equity above €1MEq €1.23M ▲23.3%
4 profitable years in a row build equity to €1.23M.
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 4 days late
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
31-12
Financial
Back to profitnet €54k
Net result €54k after 2 loss-making years.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
31-12
Financial
Weakest financial yearnet €-184k
Net result drops to €-184k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 90 days late
2019
31-12
Financial
Back to profitnet €245k
Net result €245k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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
Registered office, Staden · 2 establishment units since 1992
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.
Poelkapellestraat(WRB) 628840 StadenGround area
1.4 ha
Building footprint
543 m²
Volume, LiDAR
507 m³
3 parcels, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Dufo West
since 19922.055.983.096
Dufo West
since 20102.245.156.951
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36020A0639/00P000 | Flanders | 6,157 m² | 1 · 95 m² | 7.4 m · 2 fl. |
| 36020C0866/00L000 | Flanders | 4,215 m² | 1 · 261 m² | 2.1 m |
| 36020C0883/00S000 | Flanders | 3,890 m² | 1 · 188 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 13,341 EUR awarded · 13,341 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 13,341 EUR | 13,341 EUR |
Schemes
Investeringssteun voor land- en tuinbouwers
Recognitions · licences · registrations
Food safety, FASFC
1 siteStaden2.055.983.096
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THOVARCO
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PEGEVAR
BE 0879.374.185
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HENDRIGO
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Bocholt · Eq €1,213,543
Of 902 companies in sector 01461 we hold annual accounts for 295. 228 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-12-1991
Fiscal year end31-12
Activities, NACEBEL 2025
01461Pig breeding farms
46231Wholesale of live animals
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.