Duodev 2
Duodev 2 is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €68.91M and a net result of €4.07M. Equity is growing by ~29.2% per year across the filed fiscal years. Its solvency ranks better than 90% of 678 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €68.91M |
| Net result | €4.07M |
| Better than sector | 90% |
| Active | 4 yrs |
Mixed profile: strong on stability, weaker on health.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 97.2% | 44.9% | |
| Net result | €4.07M | €48k | |
| Equity | €68.91M | €1.36M | |
| Total assets | €70.87M | €5.58M |
| Fiscal year | 2024 |
|---|---|
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €4.07M |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | €585k |
| Dividends | €40k |
| Total assets | €70.87M |
| Equity | €68.91M |
| Debt | €1.96M |
| of which ≤ 1y | €1.96M |
| of which > 1y | - |
| Working capital | n/a |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 97.2% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | 5.7% |
| ROE | 5.9% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €70.87M |
| Fixed assets | 21/28 | €70.34M |
| Financial fixed assets | 28 | €70.34M |
| Current assets | 29/58 | €536k |
| Amounts receivable within one year | 40/41 | €86k |
| Investments | 50/53 | €1k |
| Cash & bank | 54/58 | €449k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €70.87M |
| Equity | 10/15 | €68.91M |
| Contributions / capital | 10/11 | €64.69M |
| Accumulated profits (losses) | 14 | €4.22M |
| Amounts payable | 17/49 | €1.96M |
| Amounts payable within one year | 42/48 | €1.96M |
| Trade debts payable within one year | 44 | €764k |
| Income statement | ||
| Operating result | 9901 | €-1.48M |
| Financial income | 75 | €6.61M |
| Financial charges | 65 | €430k |
| Result before taxes | 9903 | €4.65M |
| Income taxes | 67/77 | €585k |
| Net result for the period | 9904 | €4.07M |
| Result to be appropriated | 9905 | €4.07M |
-
Current28-01-2026 → present
Former directors (1)
-
Former- → 22-12-2025
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| RSM InterAudit SACurrent Statutory auditor · represented by Vincent Thyrion |
- | 25-07-2025 → present |
| NACE primary | Financial services(64210) |
| Legal form | Limited partnership(612) |
| Incorporation | 02-05-2022 |
| Status | Active |
| Postal code | 6041 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52028B0299/04G000 | Wallonia | 7,777 m² | 1 · 1,849 m² | 10.7 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
04-05-2026 Capital increase of €7,999,995 to €82,035,144.44
- €74.035.149,44 → €82.035.144,44
- Inbreng in geld · Apport en numéraire
Technical details
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"events": [
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"delta_eur": 7999995.0,
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"contribution_type": "geld"
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0785.629.922",
"name_full": "DUODEV 2",
"_kbo_extracted_mismatch": "0485.629.922"
}
}28-01-2026 1 director appointed, 1 resigning
- Thomas Rihoux, Gedelegeerd bestuurder
- Olivier Beguin, Gedelegeerd bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "gedelegeerd_bestuurder",
"person": {
"rrn": null,
"name": "Olivier Beguin",
"address": null,
"birth_date": null
},
"effective_date": "2025-12-22",
"evidence_quote": "Le conseil d\u0027administration prend note de la d\u00E9mission de Monsieur Olivier Beguin, de son mandat de repr\u00E9sentant permanent du g\u00E9rant statutaire de Duodev 2, \u00E0 compter du 22 d\u00E9cembre 2025."
},
{
"kind": "director_in",
"role": "gedelegeerd_bestuurder",
"person": {
"rrn": null,
"name": "Thomas Rihoux",
"address": null,
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},
"evidence_quote": "Le conseil d\u0027administration d\u00E9cide \u00E0 l\u0027unanimit\u00E9 de d\u00E9signer Monsieur Thomas Rihoux en tant que repr\u00E9sentant permanent de la Soci\u00E9t\u00E9 pour l\u0027exercice de son mandat de g\u00E9rant statutaire de Duodev 2."
}
],
"schema": "v3.2",
"act_meta": {
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},
"subject_company": {
"kbo": "0785.629.922",
"name_full": "DUODEV 2",
"legal_form": "SComm"
}
}11-08-2025 Capital increase of €6,000,007 to €74,035,149.44
- €68.035.142,44 → €74.035.149,44
Technical details
{
"events": [
{
"kind": "capital_increase",
"amount": 6000007,
"currency": "EUR",
"after_eur": 74035149.44,
"delta_eur": 6000007.0,
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"amount_type": "kapitaal_effectief",
"effective_date": "2025-07-28",
"evidence_quote": "d\u0027augmenter le capital de la Soci\u00E9t\u00E9 \u00E0 concurrence de \u00E0 concurrence de six millions sept euros (EUR 6.000.007), pour le porter de soixante-huit millions trente-cing mille cent quarante-deux euros et quarante-quatre cents (EUR 68.035.142,44) \u00E0 septante-quatre millions trente-cinq mille cent quarante-neuf euros et quarante-quatre cents (EUR 74.035.149,44). L\u0027augmentation de capital sera r\u00E9alis\u00E9e par apport en num\u00E9raire",
"contribution_type": "cash"
}
],
"schema": "v3.2",
"act_meta": {
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"subject_company": {
"kbo": "0785.629.922",
"name_full": "DUODEV 2",
"legal_form": "SComm"
}
}25-07-2025 Vincent Thyrion reappointed as statutory auditor
- Vincent Thyrion, Commissaris
Technical details
{
"events": [
{
"kind": "commissaris_renew",
"role": "commissaris",
"person": {
"rrn": null,
"name": "Vincent Thyrion",
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"via_org": {
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"name": "RSM InterAudit SA",
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"evidence_quote": "Sur proposition du g\u00E9rant statutaire, les actionnaires d\u00E9cident de renouveler le mandat du commissaire, la soci\u00E9t\u00E9 RSM InterAudit SA, repr\u00E9sent\u00E9e par Monsieur Vincent Thyrion, dont le mandat arrive \u00E0 \u00E9ch\u00E9ance \u00E0 l\u0027issue de la pr\u00E9sente assembl\u00E9e g\u00E9n\u00E9rale et ce pour un nouveau terme de trois ans (exerc"
}
],
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"subject_company": {
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}13-06-2025 Capital increase of €5,700,000 to €70,390,142.44
- €64.690.142,44 → €70.390.142,44
- 2 kapitaalbewegingen in deze akte
Technical details
{
"events": [
{
"kind": "capital_increase",
"amount": 5700000,
"currency": "EUR",
"after_eur": 70390142.44,
"delta_eur": 5700000.0,
"before_eur": 64690142.44,
"amount_type": "kapitaal_effectief",
"effective_date": "2025-03-13",
"evidence_quote": "d\u0027augmenter le capital de la Soci\u00E9t\u00E9 \u00E0 concurrence de cing millions sept cent mille euros (EUR 5.700.000), pour le porter de soixante-quatre millions six cent nonante mille cent quarante-deux euros et quarante-quatre cents (EUR 64.690.142,44) \u00E0 septante millions trois cent nonante mille cent quarante-deux euros et quarante- quarante-quatre cents (EUR 70.390.142,44), r\u00E9alis\u00E9e par apport en num\u00E9raire",
"contribution_type": "cash"
},
{
"kind": "capital_decrease",
"amount": 2355000,
"currency": "EUR",
"after_eur": 68035142.44,
"delta_eur": -2355000.0,
"before_eur": 70390142.44,
"amount_type": "kapitaal_effectief",
"effective_date": "2025-04-11",
"evidence_quote": "de capital de la Soci\u00E9t\u00E9, \u00E0 concurrence d\u0027un montant (net) total de EUR 2.355.000, pour porter le capital de la Soci\u00E9t\u00E9 de EUR 70.390.142,44 \u00E0 EUR 68.035.142,44, par le remboursement effectif d\u0027un montant \u00E9gal au montant de la r\u00E9duction de capital aux associ\u00E9s",
"contribution_type": "cash"
}
],
"schema": "v3.2",
"act_meta": {
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"extractor": "constrained-core-35b"
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"subject_company": {
"kbo": "0785.629.922",
"name_full": "DUODEV 2",
"legal_form": "SComm"
}
}06-03-2025 Capital decrease of €14,012,548.56 to €64,690,142.44
- €78.702.691 → €64.690.142,44
- 2 kapitaalbewegingen in deze akte
Technical details
{
"events": [
{
"kind": "capital_increase",
"amount": 4500005,
"currency": "EUR",
"after_eur": 78702691,
"delta_eur": 4500005,
"before_eur": 74202686,
"amount_type": "kapitaal_effectief",
"effective_date": "2024-11-22",
"evidence_quote": "D\u0027augmenter le capital de la soci\u00E9t\u00E9 \u00E0 concurrence de quatre millions cing cent mille cinq euros (EUR 4.500.005), pour le porter de septante-quatre millions deux cent deux mille six cent quatre-vingt-six euros (EUR 74.202.686) \u00E0 septante-huit millions sept cent deux mille six cent nonante-et-un euros (EUR 78.702.691)",
"contribution_type": "cash"
},
{
"kind": "capital_decrease",
"amount": 14012548.56,
"currency": "EUR",
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"delta_eur": -14012548.56,
"before_eur": 78702691,
"amount_type": "kapitaal_effectief",
"effective_date": "2024-12-20",
"evidence_quote": "De r\u00E9duire le capital de la soci\u00E9t\u00E9 \u00E0 concurrence de EUR 14.012.548,56 pour le porter de EUR 78.702.691 \u00E0 EUR 64.690.142,44",
"contribution_type": "cash"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0785.629.922",
"name_full": "DUODEV 2",
"legal_form": "SComm"
}
}18-04-2024 Capital increase of €6,000,007 to €74,202,686
- €68.202.679 → €74.202.686
Technical details
{
"events": [
{
"kind": "capital_increase",
"amount": 6000007,
"currency": "EUR",
"after_eur": 74202686,
"delta_eur": 6000007,
"before_eur": 68202679,
"amount_type": "kapitaal_effectief",
"effective_date": "2024-02-19",
"evidence_quote": "D\u0027augmenter le capital de la soci\u00E9t\u00E9 \u00E0 concurrence de six millions sept euros (EUR 6.000.007), pour ie porter de soixante-huit millions deux cent deux mille six cent septante-neuf euros (EUR 68.202.679) \u00E0 septante-quatre millions deux cent deux mille six cent quatre-vingt-six euros (EUR 74.202.686), par la cr\u00E9ation de 6.000.007 nouvelles parts, dont 5.959.739 nouvelles parts de classe A et 40.268 nouvelles parts de classe B, chacune lib\u00E9r\u00E9e \u00E0 concurrence de cent pour cent (100%).",
"contribution_type": "cash"
}
],
"schema": "v3.2",
"act_meta": {
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"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0785.629.922",
"name_full": "DUODEV 2",
"legal_form": "SComm"
}
}04-12-2023 Articles of association amended
Technical details
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"statute_change": {
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"effective_date": "2023-11-23",
"legal_form_change": false
},
"bedrijfsrevisor": null,
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},
"signature_regime": null,
"special_mandates": [],
"governance_change": {
"admin_delegated_added": []
}
}18-08-2023 Articles of association amended
Technical details
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"effective_date": "2023-08-18",
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},
"bedrijfsrevisor": null,
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},
"signature_regime": null,
"special_mandates": [],
"governance_change": {
"admin_delegated_added": []
}
}20-02-2023 Articles of association amended
Technical details
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"statute_change": {
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"effective_date": "2023-01-24",
"legal_form_change": false
},
"bedrijfsrevisor": null,
"subject_company": {
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"governance_change": {
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}
}20-01-2023 Articles of association amended
Technical details
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"statute_change": {
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"effective_date": "2023-01-20",
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"bedrijfsrevisor": null,
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},
"signature_regime": null,
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"governance_change": {
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}22-07-2022 Articles of association amended
Technical details
{
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"signature_regime": null,
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"governance_change": {
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}
}04-05-2022 Incorporation of a new SComm
Technical details
{
"kind": "oprichting",
"seat": "6041 Gosselies, Avenue Jean Mermoz 1, bo\u00EEte 4",
"schema": "v3.2",
"act_meta": {
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"founders": [
{
"org": {
"kbo": "0784.800.769",
"name": "Duodev Management"
},
"kind": "rechtspersoon",
"person": null,
"share_class": null,
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"holder_org_kbo": "0784.800.769",
"holder_org_name": "Duodev Management",
"contribution_type": null,
"amount_paid_in_eur": 0,
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"amount_subscribed_eur": 0,
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},
{
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"name": "Associ\u00E9s comparants sub 2) \u00E0 sub 34)"
},
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"contribution_type": "cash",
"amount_paid_in_eur": 947000,
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"n_shares_subscribed": 947000,
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}
],
"capital_eur": 947000,
"subject_company": {
"kbo": "0785.629.922",
"name_full": "Duodev 2",
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},
"initial_directors": [],
"incorporation_date": "2022-04-29",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | Duodev 2 |