DUO VASTGOED
ActiveSummary
DUO VASTGOED has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €163k and a net result of €94k. Equity is growing by ~74.5% per year across the filed fiscal years. Its solvency ranks better than 85% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+27
Solvency100▲+34
Growth78=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 4.78 against 1.76 in 2024; short-term debt: 19.7% and cash: 87.4% of total assets), and 20.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
79.5%
Return on assets
46%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
31 d late
2024
27 d late
2023
152 d late
2022
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€163k▲ 137%
2024 · €69k
2022: €14k
2023: €62k
2024: €69k
2022 → 2025
Total assets
€204k▲ 22.7%
2024 · €167k
2022: €45k
2023: €114k
2024: €167k
2022 → 2025
Net result
€94k▲ 1,394%
2024 · €6k
2022: €4k
2023: €48k
2024: €6k
2022 → 2025
Working capital
€152k▲ 122%
2024 · €69k
2022: €30k
2023: €74k
2024: €69k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€14k-€62k▲ 336%€69k▲ 10.1%€163k▲ 137%
Operating result€8k-€61k▲ 694%€9k▼ 84.7%€131k▲ 1,299%
Net result€4k-€48k▲ 1,018%€6k▼ 86.9%€94k▲ 1,394%
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 recovers in 2025; 2025 is 1,299% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €204k
Fixed assets
€12k ▲ 56.3%
Current assets
€192k ▲ 21.1%
Equity and liabilities €204k
Equity
€163k ▲ 137%
Debt
€42k ▼ 57.3%
Debt's share of the balance-sheet total falls from 58.9% to 20.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€134k▲
2024 · €12k
Cash flow
€98k▲
2024 · €8k
Current ratio
4.78▲
2024 · 1.76
Debt to equity
0.26▼
2024 · 1.43
ROE
57.8%▲
2024 · 9.2%
ROA
46.0%▲
2024 · 3.8%
Interest coverage
158.15▲
2024 · 13.01
Debt ≤ 1 year
€40k▼
2024 · €90k
Debt > 1 year
€2k▼
2024 · €8k
Income taxes
€36k▲
2024 · €2k
Staff costs
€7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€167k€204k▲
Fixed assets21/28€8k€12k▲
Tangible fixed assets22/27€3k€8k▲
Land and buildings22-€5k
Plant, machinery and equipment23€2k€3k▲
Furniture and vehicles24€890€218▼
Financial fixed assets28€5k€5k=
Current assets29/58€159k€192k▲
Amounts receivable within one year40/41€52k€12k▼
Trade receivables40€47k€12k▼
Other amounts receivable41€5k-
Cash at bank and in hand54/58€107k€179k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€167k€204k▲
Equity10/15€69k€163k▲
Contributions10/11€10k€10k=
Reserves13€4k€4k=
Distributable reserves133€4k€4k=
Profit (loss) carried forward14€54k€148k▲
Amounts payable17/49€98k€42k▼
Amounts payable after more than one year17€8k€2k▼
Financial debts170/4€8k€2k▼
Amounts payable within one year42/48€90k€40k▼
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€41k€29▼
Suppliers440/4€41k€29▼
Advances received on contracts in progress46€17k-
Taxes, remuneration and social security45€21k€34k▲
Taxes450/3€21k€34k▲
Other amounts payable47/48€5k-
Income statement
Code20242025
Remuneration, social security and pensions62-€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€4k▲
Other operating charges640/8€62€420▲
Gross operating margin9900€12k€142k▲
Operating profit (loss)9901€9k€131k▲
Financial income75/76B€0€15▲
Recurring financial income75€0€15▲
Financial charges65/66B€884€849▼
Recurring financial charges65€884€849▼
Profit (loss) for the period before taxes9903€8k€130k▲
Income taxes67/77€2k€36k▲
Profit (loss) for the period9904€6k€94k▲
Profit (loss) for the period to be appropriated9905€6k€94k▲
Appropriation of the result
Profit (loss) to be appropriated9906€54k€148k▲
Profit (loss) brought forward from the previous period14P€48k€54k▲
The notes to these accounts (7 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2022net €94k ▲1394%
Operating result €131k, net result €94k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 4.78
Current ratio from 1.76 to 4.78; short-term debt falls from €90k to €40k.
31-12
Financial
Equity above €150kEq €163k ▲137%
4 profitable years in a row build equity to €163k.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
30-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 152 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Sint-Truiden · 1 establishment unit since 2022
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.
Luikersteenweg 54A3800 Sint-TruidenGround area
1.1 ha
Building footprint
248 m²
Volume, LiDAR
1,215 m³
Parcel 71352D0942/00A000, Flanders · tallest building 11.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DUO VASTGOED
since 20222.328.867.159
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71352D0942/00A000 | Flanders | 1.1 ha | 1 · 248 m² | 11.6 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
2025 · 1 entry · 304 EUR awarded · 304 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 304 EUR | 304 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,747 companies in sector 68310 we hold annual accounts for 6,905. 5,248 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.