DUO CONSTRUCT
Liquidation closed on 09-03-2026Financials · financial year 2025, micro format
Annual accounts 2025 filed on 13-02-2026 PDF all 21 filings
Equity
€237,711▼ 2.5%
2025 · €243,731
Total assets
€243,453▼ 4.9%
2025 · €256,105
Net result
-€6,020
2025 · €41,098
Working capital
€237,711▼ 2.5%
2025 · €243,731
Multi-year overview
2019 to 2025, 8 financial yearsOperating result
-€6,020
2025
20192025
Net result
-€6,020
2025
20192025
Equity
€237,711
2025
20192025
Total assets
€243,453
2025
20192025
Debt
€5,742
2025
20192025
Working capital
€237,711
2025
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202120222023202420252025
Operating result€14,827-€5,125▼ 65.4%€23,116▲ 351%€9,807▼ 57.6%€9,991▲ 1.9%€81,974▲ 720%€60,691▼ 26.0%-€6,020-
Net result€10,635-€3,093▼ 70.9%€17,087▲ 452%€6,714▼ 60.7%€6,462▼ 3.7%€57,854▲ 795%€41,098▼ 29.0%-€6,020-
Equity€111,422-€114,515▲ 2.8%€131,601▲ 14.9%€138,316▲ 5.1%€144,778▲ 4.7%€202,633▲ 40.0%€243,731▲ 20.3%€237,711-
Total assets€154,256-€171,611▲ 11.3%€211,524▲ 23.3%€207,029▼ 2.1%€198,209▼ 4.3%€270,117▲ 36.3%€256,105▼ 5.2%€243,453-
Debt€42,834-€57,097▲ 33.3%€79,922▲ 40.0%€68,714▼ 14.0%€53,431▼ 22.2%€67,484▲ 26.3%€12,374▼ 81.7%€5,742-
Working capital€102,422-€96,893▼ 5.4%€122,647▲ 26.6%€135,027▲ 10.1%€144,778▲ 7.2%€202,633▲ 40.0%€243,731▲ 20.3%€237,711-
Several financial years end in the same calendar year, so there is no annual trend.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2025 as the grey bar beneath
Equity and liabilities €243,453
Equity
€237,711 ▼ 2.5%
Debt
€5,742 ▼ 53.6%
Debt's share of the balance-sheet total falls from 4.8% to 2.4%. Equity and debt are lower.
Key figures and ratios
Current ratio
42.40▲
2025 · 20.70
Debt to equity
0.02▼
2025 · 0.05
ROE
-2.5%▼
2025 · 16.9%
ROA
-2.5%▼
2025 · 16.0%
Debt ≤ 1 year
€5,742▼
2025 · €12,374
Income taxes
€0▼
2025 · €19,624
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €55,718 | €0 | - |
| Remuneration, social security and pensions62 | - | - | - | €338 | €447 | €871 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,611 | €8,379 | €8,667 | €5,667 | €3,288 | €0 | - | - | - |
| Other operating charges640/8 | - | - | - | €2,646 | €2,420 | €2,811 | €1,082 | €400 | - |
| Gross operating margin9900 | €33,419 | €15,245 | €34,542 | €18,458 | €16,147 | €85,655 | €61,773 | -€5,620 | - |
| Operating profit (loss)9901 | €14,827 | €5,125 | €23,116 | €9,807 | €9,991 | €81,974 | €60,691 | -€6,020 | - |
| Financial income75/76B | - | - | - | - | - | €38 | €96 | €0 | - |
| Recurring financial income75 | - | - | - | - | - | €38 | €96 | €0 | - |
| Financial charges65/66B | - | - | - | €48 | €69 | €69 | €65 | €0 | - |
| Recurring financial charges65 | €113 | €55 | €67 | €48 | €69 | €69 | €65 | €0 | - |
| Profit (loss) for the period before taxes9903 | €14,715 | €5,070 | €23,049 | €9,759 | €9,922 | €81,943 | €60,722 | -€6,020 | - |
| Income taxes67/77 | €4,080 | €1,977 | €5,962 | €3,045 | €3,459 | €24,089 | €19,624 | €0 | - |
| Profit (loss) for the period9904 | €10,635 | €3,093 | €17,087 | €6,714 | €6,462 | €57,854 | €41,098 | -€6,020 | - |
| Profit (loss) for the period to be appropriated9905 | €10,635 | €3,093 | €17,087 | €6,714 | €6,462 | €57,854 | €41,098 | -€6,020 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €154,256 | €171,611 | €211,524 | €207,029 | €198,209 | €270,117 | €256,105 | €243,453 | - |
| Fixed assets21/28 | €9,000 | €17,621 | €8,955 | €3,288 | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €9,000 | €17,621 | €8,955 | €3,288 | €0 | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €3,288 | €0 | - | - | - | - |
| Current assets29/58 | €145,256 | €153,990 | €202,569 | €203,741 | €198,209 | €270,117 | €256,105 | €243,453 | - |
| Stocks and contracts in progress3 | €18,000 | €6,950 | €7,375 | €19,879 | €6,826 | €15,927 | €0 | - | - |
| Stocks30/36 | - | - | - | €19,879 | €6,826 | €0 | - | - | - |
| Contracts in progress37 | - | - | - | €0 | - | €15,927 | €0 | - | - |
| Amounts receivable within one year40/41 | €42,898 | €25,830 | €56,410 | €36,388 | €8,515 | €56,118 | €0 | €1,765 | - |
| Trade receivables40 | - | - | - | €22,746 | €0 | €55,274 | €0 | €1,765 | - |
| Other amounts receivable41 | - | - | - | €13,642 | €8,515 | €843 | €0 | - | - |
| Cash at bank and in hand54/58 | €76,597 | €88,100 | €110,942 | €140,425 | €179,874 | €194,552 | €256,105 | €241,688 | - |
| Deferred charges and accrued income490/1 | - | - | - | €7,049 | €2,994 | €3,520 | €0 | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €154,256 | €171,611 | €211,524 | €207,029 | €198,209 | €270,117 | €256,105 | €243,453 | - |
| Equity10/15 | €111,422 | €114,515 | €131,601 | €138,316 | €144,778 | €202,633 | €243,731 | €237,711 | - |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €8,460 | €14,860 | €72,710 | €113,785 | €113,785 | - |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €0 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €0 | - | - | - | - |
| Distributable reserves133 | - | - | - | €6,600 | €14,860 | €72,710 | €113,785 | €113,785 | - |
| Profit (loss) carried forward14 | €90,962 | €94,055 | €111,141 | €111,256 | €111,318 | €111,323 | €111,346 | €105,326 | - |
| Amounts payable17/49 | €42,834 | €57,097 | €79,922 | €68,714 | €53,431 | €67,484 | €12,374 | €5,742 | - |
| Amounts payable within one year42/48 | €42,834 | €57,097 | €79,922 | €68,714 | €53,431 | €67,484 | €12,374 | €5,742 | - |
| Trade debts44 | €10,596 | €16,892 | €32,593 | €26,138 | €8,737 | €6,074 | €327 | €0 | - |
| Suppliers440/4 | - | - | - | €26,138 | €8,737 | €6,074 | €327 | €0 | - |
| Taxes, remuneration and social security45 | - | - | - | €14,107 | €14,512 | €35,140 | €10,399 | €4,095 | - |
| Taxes450/3 | - | - | - | €3,045 | €3,459 | €24,089 | €10,399 | €4,095 | - |
| Remuneration and social security454/9 | - | - | - | €11,062 | €11,053 | €11,051 | €0 | - | - |
| Other amounts payable47/48 | - | - | - | €28,469 | €30,181 | €26,270 | €1,648 | €1,648 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,635 | €3,093 | €17,087 | €6,714 | €6,462 | €57,854 | €41,098 | -€6,020 | - |
| + Depreciation and write-downs630 | €16,611 | €8,379 | €8,667 | €5,667 | €3,288 | €0 | - | - | - |
| Operating cash flow (approximation) | €27,246 | €11,471 | €25,753 | €12,381 | €9,751 | €57,854 | €41,098 | -€6,020 | - |
| Investment in fixed assets (approximation) | - | -€17,000 | €0 | €0 | €0 | - | - | - | - |
| Change in cash | - | €11,504 | €22,841 | €29,483 | €39,449 | €14,678 | €61,553 | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 21 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 23-12-2025 | micro format | 13-02-2026 | 2026-00038721 | |
| 30-06-2025 | micro format | 22-12-2025 | 2025-00588176 | |
| 30-06-2024 | micro format | 31-01-2025 | 2025-00018749 | |
| 30-06-2023 | micro format | 29-01-2024 | 2024-00012001 | |
| 30-06-2022 | micro format | 23-01-2023 | 2023-00002352 | |
| 30-06-2021 | micro format | 14-12-2021 | 2021-80300437 | |
| 30-06-2020 | micro format | 26-01-2021 | 2021-01700531 | |
| 30-06-2019 | micro format | 18-12-2019 | 2019-76500601 | |
| 30-06-2018 | micro format | 14-12-2018 | 2018-74500508 | |
| 30-06-2017 | micro format | 19-12-2017 | 2017-72300387 |