Equity
€6.1m ▲ 5.3%
DUPAC has made a profit in every financial year since 2013.
DUPAC
Lifetime
13 annual accounts with figures on one time axispeak €3.2m (2025)
€3.2m▲ 9.5%
peak €899,453 (2021)
€607,628▼ 16.1%
peak €6.1m (2025)
€6.1m▲ 5.3%
€4.2m▲ 7.1%
peak 23 FTE (2025)
23 FTE▲ 9.5%
Board4 names since 2021
1 directorDECKERS Ward
Owners3 names in the annual accounts
37.5%De Lechten and 1 other
Documentsfilings and deeds
13-07-202618 days before the deadline
2025financial year
Staff from 21 FTE to 23 FTEDividend €300,000Cash from €274,653 to €1.7m
Key points
from the 2025 annual accountsStaff
27 employees on 31-12-2025
In 2025, 11 people joined and 6 left.
Position in the sector
€6.1m
More equity than 92% of companies in specialised construction. Sector median €459,014 · 2,463 companies.
Checked score
96
Excellent
Financially stronger than 68% of small companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 2,647 companies (NACE 43, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
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: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.1%▼ -0.1 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged 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: 0.2%▲ +0.1 percentage points vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026highest value
08-2026: < 0.1%▼ -0.2 percentage points vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 3.19, cash €1.7m
Size: 23 FTE, total assets €10.3m
Equity €6.1m (58.9% of total assets)
Figures for financial year 2025 (filed on 13-07-2026)
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 43, small). It does better than 77% of them on solvency, 84% on liquidity, 61% on profitability and 50% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 17,811 companies had the same profile as DUPAC has now. Each dot stands for 45 companies, two years later.
96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
That fits the bankruptcy probability of DUPAC itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,811 companies, not a prediction for DUPAC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €550,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.19 (3.22 in 2024), above the usual 1.5. Short-term debt is 12% and cash 16.2% of total assets. 41.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 days early
2024
23 days early
2023
26 days early
2022
54 days early
2021
24 days late
2020
19 days early
2019
24 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 13 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 July (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- CARIOLO 44%equity €12.4m (2025) · 2022 annual accounts of CARIOLO
- De Lechten 37.5%equity €1.1m (2025) · 2025 annual accounts of De Lechten
- DEWA 37.5%score 92equity €254,383 (2025) · 30-09-2025 annual accounts of DEWA
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0846556315
3 directors appointed, 2 resignations
Change of role: CUYVERS Wouter, from director to managing director and director · Resignations: CUYVERS Marc and CUYVERS Patrick · Appointments: CUYVERS Marc, CUYVERS Patrick and DECKERS Ward (managing director and director) · General meeting of 18-04-2023 · Gazette deed
Amendment of the articles
Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DUPAC Bocholt | €10.3m | €3.2m | 58.9% | 23 |
| FRABEL DOORS Dour | €8.5m | €2.1m | 54.3% | 20.2 |
| TDK CONSTRUCT Deerlijk | €6.2m | €3.2m | 52.9% | 25.2 |
| OIC Maldegem | €7.7m | €3.2m | 11.8% | 31.5 |
| BRUNIC RESOURCES Merelbeke-Melle | €6.7m | €2.5m | -1.3% | 32.3 |
| L & E Construct Bree | €5.3m | €2.3m | 74.7% | 16.6 |
| WINPROF Genk | €6.0m | €2.5m | 66.8% | 23.6 |
These companies have the same main activity as DUPAC: joinery installation (NACE 43320). They are comparable in size and age: total assets between €5.3m and €8.5m, founded between 2002 and 2016.
Official details
Source: KBO- Status
- Active since 07-06-2012Normal situation
- Activity
- Joinery installationNACE 43320and 1 other
- Joint committee
- 126Furnishing and woodworking · annual accounts 2024
- Establishment unit
- 2.211.095.4023950 Bocholt, since 13-06-2012
- Financial year end
- 31 December
- Peppol
- Reachable since 30-09-2025
Annual accounts 2025
- ≈ €9.1mestimated
- €10.3m▲ 6.1%
- Employeeson 31-12-2025
- 27▲ 22.7%
- Filing
- Filed on 13-07-2026, 18 days before the end of the filing period
Insights on DUPAC
DUPAC has existed since 2012. The gross margin grew from €336,529 in 2013 to €3.2m in 2025 and staff from 2.9 to 23 full-time equivalents.
The gross margin has grown every year since 2013.
In April 2023, the Official Gazette published the appointment of DECKERS Ward as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DUPAC
- What is the company number of DUPAC?
- The company number of DUPAC is 0846.556.315. The VAT number is the same number with BE in front: BE 0846.556.315.
- Where is DUPAC based?
- The registered office is at Oudeweg 68, 3950 Bocholt.Company details
- What does DUPAC do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of DUPAC?
- DUPAC is a public limited company (NV).
- When was DUPAC founded?
- DUPAC was founded on 07-06-2012.
- Is DUPAC still active?
- Yes, DUPAC is an active enterprise in the KBO register.
- How many employees does DUPAC have?
- DUPAC had an average of 23 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does DUPAC fall under?
- In its 2024 annual accounts, DUPAC states joint committee 126 (Furnishing and woodworking).
- What is the turnover of DUPAC?
- The turnover in financial year 2025 is ≈ €9.1m. This figure is estimated from the gross margin of €3.2m and 67 comparable companies (NACE 43). It probably lies between €7.0m and €12.0m.
- Is DUPAC profitable?
- In financial year 2025, DUPAC made a profit of €607,628.
- Where can I find the annual accounts of DUPAC?
- DUPAC filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DUPAC due?
- DUPAC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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