DUGRO
ActiveSummary
The computed 12-month bankruptcy probability of DUGRO is 2.4% (moderate). The 2025 annual accounts show equity of €29k and a net result of €34k. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability67▲+30
Solvency35▲+11
Growth78=
Track record94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.99 against 1.32 in 2024; short-term debt: 33.4% and cash: 53.8% of total assets), but 89.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
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
10.1%
Return on assets
11.8%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
30 d early
2024
34 d early
2023
40 d early
2022
13 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€29k
2024 · €-5k
2022: €-7klowest in 4 years
2023: €-3k▲ +53.3% vs 2022
2024: €-5k▼ -51.8% vs 2023
2025: €29k▲ +674% vs 2024highest in 4 years
2022 → 2025
Total assets
€290k▼ 44.2%
2024 · €519k
2022: €369k
2023: €612k▲ +65.8% vs 2022highest in 4 years
2024: €519k▼ -15.2% vs 2023
2025: €290k▼ -44.2% vs 2024lowest in 4 years
2022 → 2025
Net result
€34k
2024 · €-2k
2022: €-10klowest in 4 years
2023: €4k▲ +140% vs 2022
2024: €-2k▼ -145% vs 2023
2025: €34k▲ +2077% vs 2024highest in 4 years
2022 → 2025
Working capital
€193k▲ 52.3%
2024 · €127k
2022: €368khighest in 4 years
2023: €221k▼ -40.0% vs 2022
2024: €127k▼ -42.7% vs 2023lowest in 4 years
2025: €193k▲ +52.3% vs 2024
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-7k-€-3k▲ 53.3%€-5k▼ 51.8%€29k
2022: €-7klowest in 4 years
2023: €-3k▲ +53.3% vs 2022
2024: €-5k▼ -51.8% vs 2023
2025: €29k▲ +674% vs 2024highest in 4 years
Operating result€1k-€10k▲ 634%€4k▼ 55.2%€49k▲ 987%
2022: €1klowest in 4 years
2023: €10k▲ +634% vs 2022
2024: €4k▼ -55.2% vs 2023
2025: €49k▲ +987% vs 2024highest in 4 years
Net result€-10k-€4k€-2k€34k
2022: €-10klowest in 4 years
2023: €4k▲ +140% vs 2022
2024: €-2k▼ -145% vs 2023
2025: €34k▲ +2077% vs 2024highest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 987% above 2024 and is the highest result in the available series.
Balance-sheet composition
Equity and liabilities €290k
Equity
€29k
Debt
€260k
Debt finances 89.9% of the balance-sheet total.
Key figures and ratios
Current ratio
2.99▲
2024 · 1.32
Quick ratio
1.84▲
2024 · 0.04
Debt to equity
8.93
ROE
117.4%
ROA
11.8%▲
2024 · -0.3%
Debt ≤ 1 year
€97k▼
2024 · €392k
Debt > 1 year
€160k▲
2024 · €129k
Income taxes
€7k
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 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€519k€290k▼
Current assets29/58€519k€290k▼
Stocks and contracts in progress3€503k€112k▼
Stocks30/36€503k€112k▼
Amounts receivable within one year40/41€121€22k▲
Trade receivables40€121€20k▲
Other amounts receivable41€0€3k▲
Cash at bank and in hand54/58€16k€156k▲
Deferred charges and accrued income490/1-€32
Equity and liabilities
Total equity and liabilities10/49€519k€290k▼
Equity10/15€-5k€29k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€-7k€27k▲
Amounts payable17/49€524k€260k▼
Amounts payable after more than one year17€129k€160k▲
Financial debts170/4€129k€160k▲
Other amounts payable178/9€0-
Amounts payable within one year42/48€392k€97k▼
Financial debts43€315k€0▼
Credit institutions430/8€315k€0▼
Trade debts44€468€364▼
Suppliers440/4€468€364▼
Other amounts payable47/48€77k€96k▲
Accrued charges and deferred income492/3€3k€3k▲
Income statement
Code20242025
Other operating charges640/8€589€597▲
Gross operating margin9900€5k€49k▲
Operating profit (loss)9901€4k€49k▲
Financial income75/76B-€32
Recurring financial income75-€32
Financial charges65/66B€6k€8k▲
Recurring financial charges65€6k€8k▲
Profit (loss) for the period before taxes9903€-2k€41k▲
Income taxes67/77-€7k
Profit (loss) for the period9904€-2k€34k▲
Profit (loss) for the period to be appropriated9905€-2k€34k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€27k▲
Profit (loss) brought forward from the previous period14P€-6k€-7k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €0 | - | - | - |
| Other operating charges640/8 | €15k | €543 | €589 | €597 | ▲ 1.4% |
| Gross operating margin9900 | €18k | €11k | €5k | €49k | ▲ 873% |
| Operating profit (loss)9901 | €1k | €10k | €4k | €49k | ▲ 987% |
| Financial income75/76B | - | - | - | €32 | - |
| Recurring financial income75 | - | - | - | €32 | - |
| Financial charges65/66B | €11k | €6k | €6k | €8k | ▲ 23.4% |
| Recurring financial charges65 | €11k | €6k | €6k | €8k | ▲ 23.4% |
| Profit (loss) for the period before taxes9903 | €-10k | €4k | €-2k | €41k | ▲ 2,474% |
| Income taxes67/77 | - | - | - | €7k | - |
| Profit (loss) for the period9904 | €-10k | €4k | €-2k | €34k | ▲ 2,077% |
| Profit (loss) for the period to be appropriated9905 | €-10k | €4k | €-2k | €34k | ▲ 2,077% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €369k | €612k | €519k | €290k | ▼ 44.2% |
| Current assets29/58 | €369k | €612k | €519k | €290k | ▼ 44.2% |
| Stocks and contracts in progress3 | €238k | €605k | €503k | €112k | ▼ 77.8% |
| Stocks30/36 | €238k | €605k | €503k | €112k | ▼ 77.8% |
| Amounts receivable within one year40/41 | €3k | €3k | €121 | €22k | ▲ 18,176% |
| Trade receivables40 | - | - | €121 | €20k | ▲ 16,016% |
| Other amounts receivable41 | €3k | €3k | €0 | €3k | - |
| Cash at bank and in hand54/58 | €128k | €4k | €16k | €156k | ▲ 879% |
| Deferred charges and accrued income490/1 | - | - | - | €32 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €369k | €612k | €519k | €290k | ▼ 44.2% |
| Equity10/15 | €-7k | €-3k | €-5k | €29k | ▲ 674% |
| Contributions10/11 | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-10k | €-6k | €-7k | €27k | ▲ 458% |
| Amounts payable17/49 | €376k | €615k | €524k | €260k | ▼ 50.3% |
| Amounts payable after more than one year17 | €371k | €220k | €129k | €160k | ▲ 24.4% |
| Financial debts170/4 | €341k | €190k | €129k | €160k | ▲ 24.4% |
| Other amounts payable178/9 | €30k | €30k | €0 | - | - |
| Amounts payable within one year42/48 | €531 | €391k | €392k | €97k | ▼ 75.3% |
| Financial debts43 | - | €315k | €315k | €0 | ▼ 100% |
| Credit institutions430/8 | - | €315k | €315k | €0 | ▼ 100% |
| Trade debts44 | €267 | €800 | €468 | €364 | ▼ 22.2% |
| Suppliers440/4 | €267 | €800 | €468 | €364 | ▼ 22.2% |
| Other amounts payable47/48 | €264 | €75k | €77k | €96k | ▲ 25.9% |
| Accrued charges and deferred income492/3 | €4k | €5k | €3k | €3k | ▲ 17.6% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-10k | €4k | €-2k | €34k | ▲ 2,077% |
| + Depreciation and write-downs630 | €1k | €0 | - | - | - |
| Operating cash flow (approximation) | €-8k | €4k | €-2k | €34k | ▲ 2,077% |
| Change in cash | - | €-124k | €12k | €140k | ▲ 1,042% |
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
Next filing, fiscal year 2026, expected by
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €34k
Net result €34k after one loss-making year.
30-09
Financial
Liquidity doublescurrent ratio 2.99
Current ratio from 1.32 to 2.99; short-term debt falls from €392k to €97k.
27-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
17-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Aalter · 1 establishment unit since 2021
Ground area
570 m²
Building footprint
132 m²
Volume, LiDAR
908 m³
Parcel 44035C0224/00L002, Flanders · tallest building 12.6 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
DUGRO
since 20212.318.094.320
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44035C0224/00L002 | Flanders | 570 m² | 1 · 132 m² | 12.6 m · 2 fl. |
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.
Identification & contact
Identification
Legal formPrivate limited company
Founded31-05-2021
Fiscal year end30-09
Scores and ratios are computed by Checked and are not a credit decision.