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Duka Developments

Active
Private limited company·Ontwikkeling van residentiële bouwprojecten· 4 yrs active
Vijverhoflaan 27 ·9830 Sint-Martens-Latem, Belgium
KBO/BCE: BE 0789.280.090
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Age4 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Duka Developments is 0.8% (low). The 2024 annual accounts show equity of €91k and a net result of €46k. Its solvency ranks better than 92% of 4950 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Signals

2 signals · with evidence
Strong solvency vs sector
Solvency is in the sector's strongest quartile: better than 92% of 4950 peers (2024). A comfortable equity buffer.
View the sector comparison
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 2 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 28-07-2025 3 d early 2025-00315084
31-12-2023 31-07-2024 23-08-2024 23 d late 2024-00362660

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.8% Low
0%0,5%1,5%4%10%≥25%
Young company +Lower-failure-rate sector Annual accounts: healthy financial profile

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€46k+5.9%
Working capital€91k+102.3%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 28-07-2025 with the NBB · fiscal year 2024 · micro
€0€20k€40k€60kOperating result 2023: €56k€56kNet result 2023: €43k€43kOperating result 2024: €60k€60kNet result 2024: €46k€46k20232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 68, Real estate activities · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 84.1% 16.7%
better than 92% of 4950 sector peers
Net result €46k €2k
better than 85% of 4942 sector peers
Equity €91k €27k
better than 72% of 4953 sector peers
Gross operating margin €60k €27k
better than 71% of 4936 sector peers
Total assets €108k €302k
better than 29% of 4952 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Net profit
€46k
+5.9% 23-24
Total assets
€108k
+76.5% 23-24
Equity
€91k
+102.3% 23-24
Working capital
€91k
+102.3% 23-24
Income taxes
€12k
+6.1% 23-24
Debt
€17k
+5.2% 23-24
Debt ≤ 1y
€17k
+5.2% 23-24
Current ratio
6.30
+67.8% 23-24
Quick ratio
6.30
+67.8% 23-24
Solvency
84.1%
+14.6% 23-24
Debt / equity
0.19
-48.0% 23-24
ROE
50.6%
-47.7% 23-24
ROA
42.6%
-40.0% 23-24
Figures by fiscal year
Fiscal year2024
Depositmicro
Revenue-
EBITDA-
Net profit€46k
Cash flow-
Staff costs-
Income taxes€12k
Dividends-
Total assets€108k
Equity€91k
Debt€17k
of which ≤ 1y€17k
of which > 1y-
Working capital€91k
Employees (FTE)-
Ratios (computed)
2024
Current ratio6.30
Quick ratio6.30
Working capital ratio84.1%
Solvency84.1%
Debt / equity0.19
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA42.6%
ROE50.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€108k
Current assets 29/58€108k
Amounts receivable within one year 40/41€28k
Cash & bank 54/58€79k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€108k
Equity 10/15€91k
Contributions / capital 10/11€2k
Reserves 13€89k
Amounts payable 17/49€17k
Amounts payable within one year 42/48€17k
Trade debts payable within one year 44€631
Income statement
Gross operating margin 9900€60k
Operating result 9901€60k
Financial income 75€2
Financial charges 65€2k
Result before taxes 9903€58k
Income taxes 67/77€12k
Net result for the period 9904€46k
Result to be appropriated 9905€46k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
93 / 100 Excellent
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
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.

Vijverhoflaan 279830 Sint-Martens-Latem

Establishment units

1 location
Duka Developments
Vijverhoflaan 27, 9830 Sint-Martens-LatemOntwikkeling van residentiële bouwprojecten
since 20222.338.457.687
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area453 m²

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44064B0307/00H000 Flanders 453 m² - -
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health93Profitability100Solvency100Growth78Stability94
93 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 93
Profitability 100
Solvency 100
Growth 78
Stability 94

Ask AI about this company

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Soon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.

TryWhat are the main risks?Any recent red flags?Compare to sector peers
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AI due-diligence brief

Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Ontwikkeling van residentiële bouwprojecten41101Ontwikkeling van residentiële bouwprojecten68121Ontwikkeling van niet-residentiële bouwprojecten41102Ontwikkeling van niet-residentiële bouwprojecten68122Ingenieurs en aanverwante technische adviseurs, exclusief landmeters71121Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts71121
Primary activity highlighted.
Names & trade names
Legal nameNL Duka Developments
Registered office
Vijverhoflaan 27 bus A
9830 Sint-Martens-Latem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.