DUO
ActiveSummary
DUO has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€407,588) and a net result of €10,619. Equity remains stable across the filed fiscal years (±0.3% per year). The computed 12-month bankruptcy probability is 0.9% (low).
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Signals
This company filed its last 7 accounts on average on the deadline day; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, abbreviated schema
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Peer companies
Historical observationOf the 516 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 92% are still going.
- Small
- 20 years or older
- negative equity
- a profit under 5% of the balance sheet
A further 1.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 516 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €199 | €111 | €112 | €241 | - | - |
| Gross operating margin9900 | -€3,779 | -€627 | -€681 | -€795 | €10,619 | ▲ 1,435% |
| Operating profit (loss)9901 | -€3,978 | -€738 | -€793 | -€1,036 | €10,619 | ▲ 1,125% |
| Financial charges65/66B | €622 | €499 | €768 | - | - | - |
| Recurring financial charges65 | €622 | €499 | €768 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€4,600 | -€1,238 | -€1,562 | -€1,036 | €10,619 | ▲ 1,125% |
| Profit (loss) for the period9904 | -€4,600 | -€1,238 | -€1,562 | -€1,036 | €10,619 | ▲ 1,125% |
| Profit (loss) for the period to be appropriated9905 | -€4,600 | -€1,238 | -€1,562 | -€1,036 | €10,619 | ▲ 1,125% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €529,251 | €529,251 | €529,251 | €529,251 | €528,761 | ▼ 0.1% |
| Fixed assets21/28 | €3 | €3 | €3 | €3 | €3 | = |
| Financial fixed assets28 | €3 | €3 | €3 | €3 | €3 | = |
| Current assets29/58 | €529,248 | €529,248 | €529,248 | €529,248 | €528,758 | ▼ 0.1% |
| Stocks and contracts in progress3 | €500,000 | €500,000 | €500,000 | €500,000 | €500,000 | = |
| Contracts in progress37 | €500,000 | €500,000 | €500,000 | €500,000 | €500,000 | = |
| Amounts receivable within one year40/41 | €28,525 | €28,525 | €28,525 | €28,525 | €28,035 | ▼ 1.7% |
| Trade receivables40 | €16,976 | €16,976 | €16,976 | €16,976 | €16,976 | = |
| Other amounts receivable41 | €11,550 | €11,550 | €11,550 | €11,550 | €11,060 | ▼ 4.2% |
| Cash at bank and in hand54/58 | €723 | €723 | €723 | €723 | €723 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €529,251 | €529,251 | €529,251 | €529,251 | €528,761 | ▼ 0.1% |
| Equity10/15 | -€414,371 | -€415,609 | -€417,170 | -€418,207 | -€407,588 | ▲ 2.5% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Reserves13 | €469 | €469 | €469 | €469 | €469 | = |
| Non-distributable reserves130/1 | €469 | €469 | €469 | €469 | €469 | = |
| Legal reserve130 | €469 | €469 | €469 | €469 | €469 | = |
| Profit (loss) carried forward14 | -€476,340 | -€477,577 | -€479,139 | -€480,175 | -€469,556 | ▲ 2.2% |
| Amounts payable17/49 | €943,622 | €944,860 | €946,421 | €947,457 | €936,348 | ▼ 1.2% |
| Amounts payable after more than one year17 | €531,933 | €531,933 | €531,933 | €531,933 | €531,933 | = |
| Financial debts170/4 | €531,933 | €531,933 | €531,933 | €531,933 | €531,933 | = |
| Amounts payable within one year42/48 | €411,689 | €412,927 | €414,488 | €415,525 | €404,416 | ▼ 2.7% |
| Trade debts44 | - | - | - | €126 | - | - |
| Suppliers440/4 | - | - | - | €126 | - | - |
| Other amounts payable47/48 | €411,689 | €412,927 | €414,488 | €415,399 | €404,416 | ▼ 2.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,600 | -€1,238 | -€1,562 | -€1,036 | €10,619 | ▲ 1,125% |
| Operating cash flow (approximation) | -€4,600 | -€1,238 | -€1,562 | -€1,036 | €10,619 | ▲ 1,125% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €0 | €0 | €0 | €0 | - |
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
About the unread acts
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34392D0292/00W000 | Flanders | 262 m² | 1 · 262 m² | 10.4 m · 3 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.