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DUO TABLEWARE

Active
Private limited companyfounded 2012active for 14 yearsLangelostraat(PEL) 101, 3212 Lubbeek, BelgiumKBO/BCE: BE 0845.226.524

From the official registers: KBO 13 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

DUO TABLEWARE has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €878,685 and a net result of €735,726. Equity has been growing by about 53% per year since 2018. Its solvency ranks better than 25% of 564 sector peers (NACE 74, financial year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Official details

KBO
Status
Active since 05-04-2012 Normal situation
Activity
Design of textile patterns, clothing, jewellery, furniture and decorative items NACE 74111and 3 others
Establishment unit
2.209.044.841 3212 Lubbeek, since 05-04-2012
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • Duo HoldingDirector · permanent representative TEMMERMAN Reinout Karel
Holdings
Shares in 1 company DUO TABLEWARE LTD

Financial position

55 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts 2024
Gross margin
€1.4m
▼ 23.9%
Turnover
≈ €2.5m
estimated
Profit
€735,726
▼ 48.3%
Equity
€878,685
▲ 15.3%
Total assets
€4.6m
▲ 28.0%
  • 2025 accounts not filed, 93 days past the deadline
Filed on 30-09-2025
Score breakdownraises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed on 02-10-2025)Liquidity: current ratio 1.29, cash €222,036, halvedlowers riskSize: total assets €4.6mSector: Other professional, scientific and technical activities (NACE 74)Show the evidence

Checked score

Score 2024
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 43% of small companies in other professional activities (NACE 74)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2023
Average
Solvency 44-2
equity 19.3% of total assets
Liquidity 14-32
short-term debt 77.4% · cash 4.9%
Profitability 78-22
return on assets 16.2%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (188 companies, NACE 74, small)
Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.2%▲ +0.1 percentage points vs 08-2025 10-2025: 0.3%▲ +0.1 percentage points vs 09-2025 11-2025: 0.1%▼ -0.2 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026 10-2026: 0.7%▲ +0.3 percentage points vs 09-2026highest value 11-2026: 0.7%● unchanged vs 10-2026highest value
Credit of up to €45,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is tight, with a current ratio of 1.29 (1.28 in 2023), below the usual 1.5. Short-term debt is 77.4% and cash 4.9% of total assets. 80.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 74, small). It does better than 23% of them on solvency, 9% on liquidity, 73% on profitability and 67% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 02-10-2025)
NBB · annual accounts
lowers risk · Size: total assets €4.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.29, cash €222,036, halved
NBB · annual accounts
lowers risk · Sector: Other professional, scientific and technical activities (NACE 74)
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 61 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
61 days late
2023
27 days late
2022
4 days late
2021
72 days early
2020
30 days late
2019
63 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 2 days before the deadline. In the sector (NACE 74), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 95% of companies in other professional activitiessector median €21,180 · 563 companies €735,726 View
  • Caution: Result fell in 2024from €1.4m to €735,726 ▼ 48.3% View
  • Positive: 7 profitable years in a rowprofit 2024: €735,726 7 years View

Comparable companies

These companies have the same main activity as DUO TABLEWARE: design of textile patterns, clothing, jewellery, furniture and decorative items (NACE 74111). They are comparable in size and age: total assets between €2.5m and €7.9m, founded between 2005 and 2015.

CompanyTotal assetsGross margin
DUO TABLEWARE Lubbeek€4.6m€1.4m
R68 Antwerpen€5.6m€0.9m
PIETER MULIER Antwerpen€7.9m€2.0m
BEN Antwerpen€2.5m€0.8m
MOROBÉ Gent€2.9m€1.2m
Benava Harelbeke€2.9m€0.5m
COFATEX Thimister-Clermont€2.6m€0.5m
Full comparison

Documents

Annual accounts at the NBB

All 13 annual accounts

Articles and registers

Key facts about DUO TABLEWARE

What is the company number of DUO TABLEWARE?
The company number of DUO TABLEWARE is 0845.226.524. The VAT number is the same number with BE in front: BE 0845.226.524.
Where is DUO TABLEWARE based?
The registered office is at Langelostraat(PEL) 101, 3212 Lubbeek.Company details
What does DUO TABLEWARE do?
According to the KBO register, the main activity is design of textile patterns, clothing, jewellery, furniture and decorative items (NACE 74111).
What is the legal form of DUO TABLEWARE?
The legal form of DUO TABLEWARE is Private limited company (BV).
When was DUO TABLEWARE founded?
DUO TABLEWARE was founded on 05-04-2012.
Is DUO TABLEWARE still active?
Yes, DUO TABLEWARE is an active enterprise in the KBO register.
What is the turnover of DUO TABLEWARE?
The turnover in financial year 2024 is ≈ €2.5m. This figure is estimated from the gross margin of €1.4m and 1,586 comparable companies of the same size. It probably lies between €1.7m and €4.1m. It is a rough estimate.Financials
Is DUO TABLEWARE profitable?
In financial year 2024, DUO TABLEWARE made a profit of €735,726.
Where can I find the annual accounts of DUO TABLEWARE?
DUO TABLEWARE filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

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