DUO CATERING
ActiveThe computed 12-month bankruptcy probability of DUO CATERING is 2.3% (moderate). The 2025 annual accounts show equity of €3.65M and a net result of €1.20M. Equity is growing by ~28.6% per year across the filed fiscal years. Its solvency ranks better than 40% of 810 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▼-5
Solvency45=
Growth74▲+2
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €190k at 30 days acceptable
Liquidity tight (current ratio 1.3 against 1.01 in 2024; short-term debt: 50.1% and cash: 18% of total assets), and 79.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
20.3%
Return on assets
6.7%
Age of the figures
12 mo
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
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 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
25 d early
2022
33 d early
2021
50 d early
2020
46 d early
2019
42 d early
← before the deadline
after the deadline →
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
21-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€33.79M▲ 19.5%
2024 · €28.28M
2018: €17.44M
2019: €20.70M
2020: €21.29M
2021: €18.39M
2022: €21.16M
2023: €26.10M
2024: €28.28M
2018 → 2025
EBIT margin
5.4%▼ 1.8pp
2024 · 7.2%
2018: 0.4%
2019: 5.0%
2020: 4.8%
2021: 4.1%
2022: 3.3%
2023: 6.4%
2024: 7.2%
2018 → 2025
Net result
€1.20M▼ 5.2%
2024 · €1.26M
2018: €-9k
2019: €658k
2020: €645k
2021: €666k
2022: €686k
2023: €1.13M
2024: €1.26M
2018 → 2025
Working capital
€2.75M▲ 4,780%
2024 · €56k
2018: €170k
2019: €257k
2020: €367k
2021: €-117k
2022: €-63k
2023: €-26k
2024: €56k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€18.39M-€21.16M▲ 15.1%€26.10M▲ 23.4%€28.28M▲ 8.3%€33.79M▲ 19.5%
Equity€1.13M-€1.42M▲ 25.3%€2.05M▲ 44.8%€2.71M▲ 32.4%€3.65M▲ 34.6%
Operating result€745k-€698k▼ 6.3%€1.68M▲ 141%€2.03M▲ 20.7%€1.84M▼ 9.6%
Net result€666k-€686k▲ 3.0%€1.13M▲ 65.3%€1.26M▲ 11.5%€1.20M▼ 5.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €18.01M
Fixed assets
€6.24M▲ 4.9%
Current assets
€11.77M▲ 55.1%
Equity and liabilities €18.01M
Equity
€3.65M▲ 34.6%
Provisions
€406k▼ 1.8%
Debt
€13.95M▲ 34.0%
The debt ratio rises from 76.9% to 77.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€2.37M▼
2024 · €2.44M
Cash flow
€1.74M▲
2024 · €1.67M
Solvency
20.3%▲
2024 · 20.0%
Current ratio
1.30▲
2024 · 1.01
Quick ratio
1.24▲
2024 · 0.96
Debt / equity
3.82▼
2024 · 3.84
ROE
32.8%▼
2024 · 46.6%
ROA
6.7%▼
2024 · 9.3%
Interest coverage
17.23▼
2024 · 22.66
Debt
€13.95M▲
2024 · €10.41M
Debt ≤ 1 year
€9.02M▲
2024 · €7.53M
Debt > 1 year
€4.90M▲
2024 · €2.88M
Income taxes
€479k▼
2024 · €644k
Staff costs
€7.09M▲
2024 · €6.14M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€13.54M€18.01M▲
Fixed assets21/28€5.95M€6.24M▲
Intangible fixed assets21€46k€66k▲
Tangible fixed assets22/27€3.54M€3.81M▲
Plant, machinery and equipment23€1.21M€1.42M▲
Furniture and vehicles24€482k€599k▲
Other tangible fixed assets26€1.85M€1.79M▼
Financial fixed assets28€2.36M€2.37M▲
Affiliated companies280/1€2.34M€2.34M=
Participating interests280€2.34M€2.34M=
Other financial fixed assets284/8€22k€28k▲
Amounts receivable and cash guarantees285/8€22k€28k▲
Current assets29/58€7.59M€11.77M▲
Stocks and contracts in progress3€354k€572k▲
Stocks30/36€354k€572k▲
Raw materials and consumables30/31€341k€519k▲
Finished goods33€13k€52k▲
Amounts receivable within one year40/41€4.94M€5.92M▲
Trade receivables40€4.93M€5.75M▲
Other amounts receivable41€8k€166k▲
Current investments50/53-€2.00M
Own shares50-€2.00M
Cash at bank and in hand54/58€2.27M€3.25M▲
Deferred charges and accrued income490/1€27k€29k▲
Equity and liabilities
Total equity and liabilities10/49€13.54M€18.01M▲
Equity10/15€2.71M€3.65M▲
Contributions10/11€160k€200k▲
Capital10€160k€200k▲
Issued capital100€200k€200k=
Uncalled capital101€40k-
Reserves13€623k€2.70M▲
Non-distributable reserves130/1€26k€2.02M▲
Legal reserve130€26k€26k=
Own shares acquired1312-€2.00M
Tax-exempt reserves132€526k€589k▲
Distributable reserves133€71k€84k▲
Profit (loss) carried forward14€1.93M€754k▼
Provisions and deferred taxes16€413k€406k▼
Provisions for liabilities and charges160/5€413k€406k▼
Other liabilities and charges164/5€413k€406k▼
Amounts payable17/49€10.41M€13.95M▲
Amounts payable after more than one year17€2.88M€4.90M▲
Financial debts170/4€2.88M€2.99M▲
Subordinated loans170€170k€147k▼
Credit institutions173€2.71M€2.84M▲
Other amounts payable178/9-€1.92M
Amounts payable within one year42/48€7.53M€9.02M▲
Current portion of amounts payable after more than one year42€490k€635k▲
Financial debts43€335k€335k▼
Credit institutions430/8€335k€335k▼
Trade debts44€5.30M€6.67M▲
Suppliers440/4€5.30M€6.67M▲
Taxes, remuneration and social security45€796k€1.04M▲
Taxes450/3€273k€145k▼
Remuneration and social security454/9€523k€893k▲
Other amounts payable47/48€608k€343k▼
Accrued charges and deferred income492/3-€31k
Income statement
Code20242025
Operating income70/76A€28.71M€34.46M▲
Turnover70€28.28M€33.79M▲
Change in stocks of work in progress, finished goods and contracts in progress71€-5k€39k▲
Other operating income74€437k€627k▲
Operating charges60/66A€26.68M€32.62M▲
Goods for resale, raw materials and consumables60€13.77M€16.86M▲
Purchases600/8€13.78M€17.04M▲
Change in stocks: decrease (increase)609€-9k€-178k▼
Services and other goods61€5.95M€8.11M▲
Remuneration, social security and pensions62€6.14M€7.09M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€410k€539k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€385k€-7k▼
Other operating charges640/8€19k€15k▼
Non-recurring operating charges66A-€22k
Operating profit (loss)9901€2.03M€1.84M▼
Financial income75/76B€7k€17k▲
Recurring financial income75€7k€17k▲
Income from current assets751€4k€12k▲
Other financial income752/9€4k€5k▲
Financial charges65/66B€130k€175k▲
Recurring financial charges65€130k€175k▲
Debt charges650€108k€138k▲
Other financial charges652/9€23k€37k▲
Profit (loss) for the period before taxes9903€1.91M€1.68M▼
Income taxes67/77€644k€479k▼
Taxes670/3€648k€479k▼
Tax adjustments and reversals of tax provisions77€5k-
Profit (loss) for the period9904€1.26M€1.20M▼
Transfer from tax-exempt reserves789€71k€84k▲
Transfer to tax-exempt reserves689€211k€147k▼
Profit (loss) for the period to be appropriated9905€1.13M€1.14M▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.60M€3.07M▲
Profit (loss) brought forward from the previous period14P€1.48M€1.93M▲
Transfer to equity691/2€71k€2.01M▲
To other reserves6921€71k€2.01M▲
Profit to be distributed694/7€600k€300k▼
Return on contributions (dividend)694€600k€300k▼
Social balance
Average headcount (FTE)9087102.1114.0▲
The notes to these accounts (66 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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-09
Financial
Highest result since 2018net €1.26M ▲11.5%
Operating result €2.03M, net result €1.26M, both a record.
05-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-09
Financial
Equity above €2MEq €2.05M ▲44.8%
5 profitable years in a row build equity to €2.05M.
28-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
11-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-09
Financial
Equity above €1MEq €1.13M ▲23.6%
3 profitable years in a row build equity to €1.13M.
15-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
19-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-09
Financial
Back to profitnet €658k
Net result €658k after one loss-making year.
15-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
15-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
01-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
24-07-2025
Ludovic Maisin Management: Resigned as Director
24-07-2025
l’Ecuyer della FAILLE de LEVERGHEM Arnould Marc Jean Anne Ghislain Barbe: Resigned as Director
24-07-2025
MALRAIN Eric Germain Maurice Louis Mohsin: Resigned as Director
24-07-2025
PETIT Damien Pierre Marie Joseph Ghislain: Resigned as Director
21-05-2021
MAISIN Ludovic: Resigned as Director
24-05-2017
BJC Consult SRL: Resigned as Director
24-05-2017
BJC Consult SRL: Resigned as Managing director
Location & real-estate footprint
Registered office, Ottignies-Louvain-la-Neuve · 6 establishment units since 2008
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.
Place de l'Université 251348 Ottignies-Louvain-la-NeuveGround area
3.1 ha
Building footprint
4,691 m²
Volume, LiDAR
57,592 m³
5 parcels, Brussels, Wallonia · tallest building 25.5 m, ±6 floors. Linked by address, not a title deed.
6 establishment units
DUO CATERING
since 20082.170.148.039
Galerie Jardin d'Harscamp 4, 5000 Namur
since 20192.288.218.320
La Caponière
since 20192.291.433.176
Croix Rouge de Belgique
since 20202.303.161.862
La Douceur des Coteaux Mosans
since 20222.382.289.217
CUISINE CENTRALE FERNELMONT
since 20232.342.909.690
5 parcels
Wallonia
4
(80%)
Brussels
1
(20%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61067B0078/00F000 ProtectedMonument |
Wallonia | 1.4 ha | 1 · 395 m² | 18.5 m · 5 fl. |
| 25386B0122/00R004 | Wallonia | 7,285 m² | 1 · 26 m² | 6.0 m · 2 fl. |
| 92322D0125/00E000 | Wallonia | 4,896 m² | 1 · 1,296 m² | 10.4 m · 2 fl. |
| 92094C1479/00K000 | Wallonia | 2,902 m² | 1 · 999 m² | 22.3 m · 6 fl. |
| 21802B1646/00D000 ProtectedMonumentVoormalig Groot Huis van het Witgoed |
Brussels | 2,004 m² | 1 · 1,975 m² | 25.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 4
5 of 5 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
2 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
3 sitesFernelmont2.342.909.690
Namur2.288.218.320
Ottignies-Louvain-la-Neuve2.170.148.039
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ALMA
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Of 1,352 companies in sector 56220 we hold annual accounts for 405. 62 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-04-2008
Fiscal year end30-09
Abbreviation FR
DC
Activities, NACEBEL
56220Contract catering and other food service activities
56290Food and beverage service activities
70200Business and other management consultancy
70220Business consulting
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
81230Other cleaning activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.