Duo D Concept
ActiveDuo D Concept has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €245k and a net result of €203k. Equity is growing by ~19.9% per year across the filed fiscal years. Its solvency ranks better than 28% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability96▼-4
Solvency51▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity tight (current ratio 1.26 against 1.24 in 2024; short-term debt: 60.9% and cash: 21.1% of total assets), and 73.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 43
Relative position
BE, all sectors
reference
Sector 43
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
26.4%
Return on assets
21.9%
Age of the figures
18 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 24-10-2025, 7 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
7 d early
2024
3 d early
2023
on the day
2022
3 d late
2021
118 d early
2020
26 d early
2019
35 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close23-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€245k▲ 72.4%
2024 · €142k
2019: €66k
2020: €98k
2021: €141k
2022: €142k
2023: €142k
2024: €142k
2019 → 2025
Total assets
€928k▲ 23.9%
2024 · €749k
2019: €144k
2020: €316k
2021: €440k
2022: €485k
2023: €529k
2024: €749k
2019 → 2025
Net result
€203k▼ 12.7%
2024 · €232k
2019: €17k
2020: €32k
2021: €42k
2022: €51k
2023: €95k
2024: €232k
2019 → 2025
Working capital
€149k▲ 24.4%
2024 · €120k
2019: €26k
2020: €64k
2021: €112k
2022: €88k
2023: €113k
2024: €120k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€141k-€142k▲ 1.0%€142k=€142k=€245k▲ 72.4%
Operating result€52k-€74k▲ 42.3%€127k▲ 72.4%€308k▲ 143%€276k▼ 10.3%
Net result€42k-€51k▲ 21.9%€95k▲ 84.8%€232k▲ 145%€203k▼ 12.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
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 €928k
Fixed assets
€213k▲ 74.0%
Current assets
€714k▲ 14.1%
Equity and liabilities €928k
Equity
€245k▲ 72.4%
Debt
€683k▲ 12.6%
The debt ratio falls from 81.0% to 73.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€332k▼
2024 · €368k
Cash flow
€259k▼
2024 · €292k
Solvency
26.4%▲
2024 · 19.0%
Current ratio
1.26▲
2024 · 1.24
Quick ratio
1.06▲
2024 · 1.04
Debt / equity
2.79▼
2024 · 4.27
ROE
82.8%▼
2024 · 163.6%
ROA
21.9%▼
2024 · 31.1%
Interest coverage
19.13▼
2024 · 60.86
Debt
€683k▲
2024 · €606k
Debt ≤ 1 year
€565k▲
2024 · €506k
Debt > 1 year
€116k▲
2024 · €101k
Income taxes
€59k▼
2024 · €75k
Staff costs
€341k▲
2024 · €311k
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€749k€928k▲
Fixed assets21/28€123k€213k▲
Tangible fixed assets22/27€123k€213k▲
Land and buildings22€0-
Plant, machinery and equipment23€25k€73k▲
Furniture and vehicles24€762€78k▲
Leasing and similar rights25€64k€34k▼
Other tangible fixed assets26€33k€29k▼
Current assets29/58€626k€714k▲
Stocks and contracts in progress3€101k€116k▲
Stocks30/36€55k€66k▲
Contracts in progress37€46k€50k▲
Amounts receivable within one year40/41€317k€394k▲
Trade receivables40€284k€339k▲
Other amounts receivable41€33k€54k▲
Cash at bank and in hand54/58€196k€196k▼
Deferred charges and accrued income490/1€11k€10k▼
Equity and liabilities
Total equity and liabilities10/49€749k€928k▲
Equity10/15€142k€245k▲
Contributions10/11€50k€50k=
Reserves13€92k€195k▲
Distributable reserves133€92k€195k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€606k€683k▲
Amounts payable after more than one year17€101k€116k▲
Financial debts170/4€101k€116k▲
Amounts payable within one year42/48€506k€565k▲
Current portion of amounts payable after more than one year42€39k€51k▲
Trade debts44€129k€91k▼
Suppliers440/4€129k€91k▼
Advances received on contracts in progress46-€87k
Taxes, remuneration and social security45€25k€20k▼
Taxes450/3€4k€2k▼
Remuneration and social security454/9€21k€18k▼
Other amounts payable47/48€313k€315k▲
Accrued charges and deferred income492/3€0€1k▲
Income statement
Code20242025
Remuneration, social security and pensions62€311k€341k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€60k€56k▼
Other operating charges640/8€4k€2k▼
Gross operating margin9900€682k€675k▼
Operating profit (loss)9901€308k€276k▼
Financial income75/76B€6k€3k▼
Recurring financial income75€6k€3k▼
Financial charges65/66B€6k€17k▲
Recurring financial charges65€6k€17k▲
Profit (loss) for the period before taxes9903€308k€262k▼
Income taxes67/77€75k€59k▼
Profit (loss) for the period9904€232k€203k▼
Profit (loss) for the period to be appropriated9905€232k€203k▼
Appropriation of the result
Profit (loss) to be appropriated9906€232k€203k▼
Transfer to equity691/2-€103k
To other reserves6921-€103k
Profit to be distributed694/7€232k€100k▼
Return on contributions (dividend)694€232k€100k▼
The notes to these accounts (14 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
2025
24-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Equity above €200kEq €245k ▲72.4%
7 profitable years in a row build equity to €245k.
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Highest result since 2019net €232k ▲145%
Operating result €308k, net result €232k, both a record.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Equity above €100kEq €141k ▲42.8%
3 profitable years in a row build equity to €141k.
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
26-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Hooglede · 1 establishment unit since 2018
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.
Stoomtuigstraat 98830 HoogledeGround area
5,204 m²
Building footprint
1,441 m²
Volume, LiDAR
10,592 m³
Parcel 36005B0535/00F000, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Duo D Concept
since 20182.273.910.622
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36005B0535/00F000 | Flanders | 5,204 m² | 1 · 1,441 m² | 11.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 1,270 EUR awarded · 1,270 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 329 EUR | 329 EUR |
| 2024 | 1 | 771 EUR | 771 EUR |
| 2022 | 1 | 170 EUR | 170 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
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Of 20,026 companies in sector 43320 we hold annual accounts for 9,137. 7,186 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-02-2018
Fiscal year end31-03
Activities, NACEBEL
43320Joinery installation
71111Activities of building architects
74104Other professional, scientific and technical activities
74130Interior design
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.