DUODEV
ActiveSummary
DUODEV has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €18.8m and a net result of -€1.5m. Equity is growing by ~36.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability35▼-20
Solvency39▼-2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €900,000 at 30 days acceptable
Liquidity short (current ratio 0.02 against 9.51 in 2023; short-term debt: 8.6% and cash: 0.2% of total assets), and 85.9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-06-2025, 48 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
48 d early
2023
50 d early
2022
52 d early
2021
41 d early
2020
54 d early
2019
16 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 44 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?JEC INVEST · 31 companies How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€1.5m
2023 · €8.9m
Working capital
-€11.2m
2023 · €1.5m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€2.1m▼ 1,204%-€253,190▲ 88.1%-€582,650▼ 130%-€133,742▲ 77.0%-€295,629▼ 121%
Net result€12.1m-€318,162-€3.3m▼ 931%€8.9m-€1.5m
Equity€15.0m▲ 421%€14.6m▼ 2.1%€11.4m▼ 22.4%€20.2m▲ 78.3%€18.8m▼ 7.4%
Total assets€69.5m▼ 11.9%€149.1m▲ 115%€142.6m▼ 4.4%€129.7m▼ 9.1%€133.4m▲ 2.9%
Debt€54.5m▼ 28.2%€134.5m▲ 147%€131.2m▼ 2.4%€109.4m▼ 16.6%€114.7m▲ 4.8%
Working capital€1.3m▲ 33.2%€656,809▼ 48.0%€3.0m▲ 359%€1.5m▼ 51.3%-€11.2m
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €295,629 in 2024 against €133,742 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €133.4m
Fixed assets
€133.1m ▲ 4.0%
Current assets
€282,541 ▼ 82.8%
Equity and liabilities €133.4m
Equity
€18.8m ▼ 7.4%
Debt
€114.7m ▲ 4.8%
Debt's share of the balance-sheet total rises from 84.4% to 85.9%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.02▼
2023 · 9.51
Debt to equity
6.11▲
2023 · 5.41
ROE
-7.9%▼
2023 · 43.9%
ROA
-1.1%▼
2023 · 6.9%
Debt ≤ 1 year
€11.5m▲
2023 · €172,510
Debt > 1 year
€103.1m▼
2023 · €109.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €105,781 | €203,309 | - | €139,154 | - |
| Other operating income74 | - | €105,781 | €203,309 | - | €4,724 | - |
| Non-recurring operating income76A | - | - | - | - | €134,429 | - |
| Operating charges60/66A | - | €358,970 | €785,959 | €133,742 | €434,782 | ▲ 225% |
| Services and other goods61 | - | €358,845 | €785,959 | €133,395 | €394,699 | ▲ 196% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €39,422 | - |
| Other operating charges640/8 | - | €125 | - | €347 | €662 | ▲ 90.8% |
| Operating profit (loss)9901 | -€2.1m | -€253,190 | -€582,650 | -€133,742 | -€295,629 | ▼ 121% |
| Financial income75/76B | - | €2.6m | €4.3m | €17.9m | €15.6m | ▼ 12.8% |
| Recurring financial income75 | €1.7m | €2.6m | €4.3m | €15.1m | €15.6m | ▲ 3.4% |
| Income from financial fixed assets750 | - | €2.6m | €4.1m | €15.1m | €15.6m | ▲ 3.6% |
| Income from current assets751 | - | - | €9 | €10,578 | - | - |
| Other financial income752/9 | - | €15,887 | €176,289 | €13,064 | €33 | ▼ 99.7% |
| Non-recurring financial income76B | - | - | - | €2.8m | - | - |
| Financial charges65/66B | - | €2.6m | €7.0m | €8.9m | €16.8m | ▲ 89.4% |
| Recurring financial charges65 | €1.2m | €2.6m | €4.2m | €6.1m | €5.7m | ▼ 6.0% |
| Debt charges650 | €1.2m | €2.5m | €4.1m | €6.0m | €5.6m | ▼ 6.9% |
| Other financial charges652/9 | - | €152,021 | €59,275 | €101,360 | €149,518 | ▲ 47.5% |
| Non-recurring financial charges66B | - | - | €2.8m | €2.8m | €11.1m | ▲ 296% |
| Profit (loss) for the period before taxes9903 | €12.1m | -€318,162 | -€3.3m | €8.9m | -€1.5m | ▼ 117% |
| Income taxes67/77 | - | - | €3 | €0 | - | - |
| Taxes670/3 | - | - | €3 | €0 | - | - |
| Profit (loss) for the period9904 | €12.1m | -€318,162 | -€3.3m | €8.9m | -€1.5m | ▼ 117% |
| Profit (loss) for the period to be appropriated9905 | €12.1m | -€318,162 | -€3.3m | €8.9m | -€1.5m | ▼ 117% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €69.5m | €149.1m | €142.6m | €129.7m | €133.4m | ▲ 2.9% |
| Fixed assets21/28 | €68.1m | €148.2m | €139.2m | €128.0m | €133.1m | ▲ 4.0% |
| Financial fixed assets28 | €68.1m | €148.2m | €139.2m | €128.0m | €133.1m | ▲ 4.0% |
| Affiliated companies280/1 | - | €146.1m | €139.2m | €128.0m | €133.1m | ▲ 4.0% |
| Participating interests280 | - | €16.1m | €16.1m | €16.1m | €13.2m | ▼ 18.1% |
| Amounts receivable281 | - | €130.1m | €123.1m | €111.9m | €119.9m | ▲ 7.2% |
| Other financial fixed assets284/8 | - | €2.1m | - | - | - | - |
| Amounts receivable and cash guarantees285/8 | - | €2.1m | - | - | - | - |
| Current assets29/58 | €1.4m | €901,250 | €3.4m | €1.6m | €282,541 | ▼ 82.8% |
| Amounts receivable within one year40/41 | €325,716 | €248,825 | €196,910 | €27,742 | €5,054 | ▼ 81.8% |
| Trade receivables40 | - | €248,825 | €48,651 | €22,688 | - | - |
| Other amounts receivable41 | - | - | €148,259 | €5,054 | €5,054 | = |
| Cash at bank and in hand54/58 | €1.1m | €652,425 | €3.2m | €1.6m | €277,487 | ▼ 82.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €69.5m | €149.1m | €142.6m | €129.7m | €133.4m | ▲ 2.9% |
| Equity10/15 | €15.0m | €14.6m | €11.4m | €20.2m | €18.8m | ▼ 7.4% |
| Contributions10/11 | €3.1m | €3.1m | €3.1m | €3.1m | €3.1m | = |
| Capital10 | - | €3.1m | €3.1m | €3.1m | €3.1m | = |
| Issued capital100 | - | €3.1m | €3.1m | €3.1m | €3.1m | = |
| Reserves13 | - | - | - | €444,260 | €444,260 | = |
| Non-distributable reserves130/1 | - | - | - | €444,260 | €444,260 | = |
| Legal reserve130 | - | - | - | €444,260 | €444,260 | = |
| Profit (loss) carried forward14 | €11.9m | €11.6m | €8.3m | €16.7m | €15.2m | ▼ 8.9% |
| Amounts payable17/49 | €54.5m | €134.5m | €131.2m | €109.4m | €114.7m | ▲ 4.8% |
| Amounts payable after more than one year17 | €54.4m | €134.2m | €130.8m | €109.1m | €103.1m | ▼ 5.5% |
| Financial debts170/4 | - | €51.3m | €62.9m | €63.1m | €52.5m | ▼ 16.7% |
| Credit institutions173 | - | €9.9m | €19.8m | €19.8m | €8.6m | ▼ 56.5% |
| Other loans174 | - | €41.4m | €43.0m | €43.2m | €43.9m | ▲ 1.6% |
| Other amounts payable178/9 | - | €82.9m | €68.0m | €46.0m | €50.6m | ▲ 9.9% |
| Amounts payable within one year42/48 | €168,018 | €244,442 | €395,487 | €172,510 | €11.5m | ▲ 6,575% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €11.2m | - |
| Trade debts44 | €163,908 | €244,442 | €375,487 | €152,510 | €294,508 | ▲ 93.1% |
| Suppliers440/4 | - | €244,442 | €375,487 | €152,510 | €294,508 | ▲ 93.1% |
| Other amounts payable47/48 | - | - | €20,000 | €20,000 | €20,000 | = |
| Accrued charges and deferred income492/3 | - | €31,410 | €31,124 | €162,816 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12.1m | -€318,162 | -€3.3m | €8.9m | -€1.5m | ▼ 117% |
| Operating cash flow (approximation) | €12.1m | -€318,162 | -€3.3m | €8.9m | -€1.5m | ▼ 117% |
| Investment in fixed assets (approximation) | - | -€80.2m | €9.0m | €11.2m | -€5.1m | ▼ 146% |
| Change in cash | - | -€452,990 | €2.6m | -€1.6m | -€1.3m | ▲ 16.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €8.9m
Net result €8.9m after 2 loss-making years.
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet -€3.3m
Net result drops to -€3.3m, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 8.62
Current ratio from 3.69 to 8.62.
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €12.1m
Net result €12.1m after 2 loss-making years.
31-12
Financial
Equity above €10mEq €15.0m ▲421%
Equity rises from €2.9m to €15.0m.
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Liquidity doublescurrent ratio 4.89
Current ratio from 1.99 to 4.89.
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
13 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, Charleroi · 1 establishment unit since 2018
Ground area
7,777 m²
Building footprint
1,849 m²
Volume, LiDAR
17,432 m³
Parcel 52028B0299/04G000, Wallonia · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
37
companies at this address
See who is registered here
1 establishment unit
Avenue Jean Mermoz 1, 6041 Charleroi
since 20182.278.963.728
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52028B0299/04G000 | Wallonia | 7,777 m² | 1 · 1,849 m² | 10.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Part of the group
JEC INVEST
31 companies
Group, risk and exposure
Owners and holdings
2 owners · 20 holdingsOwners 2
-
50%
-
50%
Holdings 20
-
100%
-
100%
-
100%
- Duodev France, Société par actions simplifiéesFRsubsidiarySourceown accounts 2024Equity €22,493Result -€56,617100%
-
100%
-
100%
- Horizon Provence, Société par actions simplifiéesFRsubsidiarySourceown accounts 2024Equity -€50,895Result -€38,870100%
-
100%
-
100%
-
100%
Show 10 more holdings
-
100%
- Sernill Investments, Sp.z.o.o.PLsubsidiarySourceown accounts 2024Equity -PLN 341,950Result -PLN 27,962100%
-
100%
-
100%
-
100%
-
100%
-
90%
-
90%
-
89.9%
- Villa du Parc, Société civile de construction venteFRSourceown accounts 2024Equity -€576,810Result -€447,9351%
According to the 2024 annual accounts of DUODEV and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
699400T6965ABP7J9667
Identification & contact
Identification
Legal formPublic limited company
Founded16-01-2018
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0687986158
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.