DUPLEX STUDIO
ActiveSummary
The annual accounts of DUPLEX STUDIO for financial year 2025 show a net loss of 566% of the equity at the start of that year. The 2025 annual accounts show equity of €156,117 and a net result of -€144,404. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 32% of 11,720 sector peers (NACE 71, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Staff
- 4.3 FTE
- Equity
- €156,117
- Loss
- -€144,404
- Largest shareholder
- NEXTGEN INVESTMENT GROUP · 11.7%
- Board
- 5 members
- Arnaud de la HayeDaily manager
Why 55raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €144,404, the second in a row (financial year 2025)lowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Liquidity: current ratio 4.03, cash €101,660Size: total assets €461,869Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 71, micro): better than 33% on solvency, 60% on liquidity, 4% on profitability and 99% on growth.
The bankruptcy probability was computed on 26-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 5 accounts on average 17 days before the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet -€144,404
- Equity above €150,000equity €156,117 ▲512%
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years
The operating result stays negative: a loss of €132,952 in 2025 against €82,383 in 2024; the loss grows and 2025 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 3,592 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 87.3% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,592 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €5,553 | €43,643 | €101,572 | ▲ 133% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,851 | €6,246 | €10,254 | €25,977 | €33,395 | ▲ 28.6% |
| Other operating charges640/8 | - | €105 | - | €665 | €1,730 | ▲ 160% |
| Gross operating margin9900 | €35,678 | €8,266 | €16,413 | -€12,097 | €3,746 | - |
| Operating profit (loss)9901 | €31,827 | €1,915 | €605 | -€82,383 | -€132,952 | ▼ 61.4% |
| Financial income75/76B | €4 | €369 | €950 | €143 | €173 | ▲ 20.9% |
| Recurring financial income75 | €4 | €369 | €950 | €143 | €173 | ▲ 20.9% |
| Financial charges65/66B | €415 | €1,002 | €604 | €9,655 | €11,625 | ▲ 20.4% |
| Recurring financial charges65 | €415 | €1,002 | €604 | €9,655 | €11,625 | ▲ 20.4% |
| Profit (loss) for the period before taxes9903 | €31,416 | €1,282 | €951 | -€91,896 | -€144,404 | ▼ 57.1% |
| Income taxes67/77 | €5,675 | €961 | €596 | - | - | - |
| Profit (loss) for the period9904 | €25,740 | €322 | €355 | -€91,896 | -€144,404 | ▼ 57.1% |
| Profit (loss) for the period to be appropriated9905 | €25,740 | €322 | €355 | -€91,896 | -€144,404 | ▼ 57.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €74,092 | €80,425 | €205,586 | €313,984 | €461,869 | ▲ 47.1% |
| Fixed assets21/28 | €19,347 | €41,667 | €40,881 | €134,293 | €123,283 | ▼ 8.2% |
| Intangible fixed assets21 | - | €14,945 | €14,945 | €33,266 | €26,193 | ▼ 21.3% |
| Tangible fixed assets22/27 | €19,246 | €26,620 | €25,735 | €100,824 | €96,779 | ▼ 4.0% |
| Plant, machinery and equipment23 | - | - | €489 | €79,116 | €72,148 | ▼ 8.8% |
| Furniture and vehicles24 | €13,748 | €19,368 | €19,426 | €17,426 | €21,608 | ▲ 24.0% |
| Other tangible fixed assets26 | €5,498 | €7,252 | €5,819 | €4,283 | €3,024 | ▼ 29.4% |
| Financial fixed assets28 | €102 | €102 | €202 | €202 | €311 | ▲ 54.0% |
| Current assets29/58 | €54,744 | €38,758 | €164,705 | €179,691 | €338,587 | ▲ 88.4% |
| Stocks and contracts in progress3 | - | - | - | €16,350 | €58,233 | ▲ 256% |
| Stocks30/36 | - | - | - | €16,350 | €58,233 | ▲ 256% |
| Amounts receivable within one year40/41 | €18,982 | €32,034 | €157,126 | €125,724 | €178,162 | ▲ 41.7% |
| Trade receivables40 | €18,853 | €21,470 | €31,463 | €53,045 | €74,870 | ▲ 41.1% |
| Other amounts receivable41 | €129 | €10,564 | €125,662 | €72,679 | €103,291 | ▲ 42.1% |
| Cash at bank and in hand54/58 | €35,550 | €5,079 | €7,349 | €37,092 | €101,660 | ▲ 174% |
| Deferred charges and accrued income490/1 | €212 | €1,645 | €230 | €525 | €532 | ▲ 1.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €74,092 | €80,425 | €205,586 | €313,984 | €461,869 | ▲ 47.1% |
| Equity10/15 | €46,740 | €47,062 | €117,417 | €25,522 | €156,117 | ▲ 512% |
| Contributions10/11 | €21,000 | €21,000 | €91,000 | €91,000 | €366,000 | ▲ 302% |
| Profit (loss) carried forward14 | €25,740 | €26,062 | €26,417 | -€65,478 | -€209,883 | ▼ 221% |
| Amounts payable17/49 | €27,351 | €33,362 | €88,169 | €288,462 | €305,752 | ▲ 6.0% |
| Amounts payable after more than one year17 | €3,195 | €1,468 | - | €212,049 | €221,745 | ▲ 4.6% |
| Financial debts170/4 | €3,195 | €1,468 | - | €212,049 | €221,745 | ▲ 4.6% |
| Amounts payable within one year42/48 | €24,156 | €31,895 | €32,969 | €76,413 | €84,007 | ▲ 9.9% |
| Current portion of amounts payable after more than one year42 | €1,692 | €1,728 | €1,468 | €32,529 | €38,240 | ▲ 17.6% |
| Trade debts44 | - | €8,981 | €15,658 | €36,893 | €20,015 | ▼ 45.7% |
| Suppliers440/4 | - | €8,981 | €15,658 | €36,893 | €15,951 | ▼ 56.8% |
| Bills of exchange payable441 | - | - | - | - | €4,064 | - |
| Taxes, remuneration and social security45 | €13,646 | €6,636 | €8,103 | €6,646 | €25,752 | ▲ 287% |
| Taxes450/3 | €13,646 | €6,636 | €8,103 | €596 | €14,371 | ▲ 24× |
| Remuneration and social security454/9 | - | - | - | €6,050 | €11,382 | ▲ 88.1% |
| Other amounts payable47/48 | €8,819 | €14,551 | €7,741 | €345 | - | - |
| Accrued charges and deferred income492/3 | - | - | €55,200 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,740 | €322 | €355 | -€91,896 | -€144,404 | ▼ 57.1% |
| + Depreciation and write-downs630 | €3,851 | €6,246 | €10,254 | €25,977 | €33,395 | ▲ 28.6% |
| Operating cash flow (approximation) | €29,592 | €6,568 | €10,609 | -€65,918 | -€111,009 | ▼ 68.4% |
| Investment in fixed assets (approximation) | - | -€28,566 | -€9,469 | -€119,389 | -€22,385 | ▲ 81.2% |
| Change in cash | - | -€30,471 | €2,271 | €29,743 | €64,568 | ▲ 117% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 06-05-2026 | 2026-00105695 |
| 31-12-2024 | micro format | 01-08-2025 | 2025-00348871 |
| 31-12-2023 | micro format | 17-07-2024 | 2024-00265140 |
| 31-12-2022 | micro format | 19-07-2023 | 2023-00273892 |
| 31-12-2021 | micro format | 26-08-2022 | 2022-20359115 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 5
Day-to-day management 2
Permanent representatives 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Dalla Palma Aldo |
|
| Gaston Golstein |
|
| Reverchon Hippolyte |
|
| Arnaud de la Haye |
|
| NEXTGEN INVESTMENT GROUP |
|
Owners and capital
Owners
1 ownerOwners 1
-
11.7%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- NEXTGEN INVESTMENT GROUP (BE 0795.435.236) 4,150 shares · €150,000
- Thomas François 1,383 shares · €50,000
- Olivier Wittmeur 1,383 shares · €50,000
- Timothy Muschs 692 shares · €25,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 25-02-2025 Capital increase · 7,608 new shares · in cash
Group and network
Connections & network
2 connected companiesHistory
Acts, filings and financial milestones
25-02
Gazette deed
Appointments: NEXTGEN INVESTMENT GROUP, Gaston Golstein and Arnaud de la HayePermanent representative: Charles Heynderickx · Kind of shares · Capital increase30 facts ▸
- General meeting, 20-02-2025
- Other provision, “suppression classes rapport, Première résolution a)Rapport” (deed in French)
- Kind of shares, “suppression, mêmes droits et obligations” (deed in French)
- Kind of shares, “1 pour 100, division” (deed in French)
- Capital increase
- Other provision, “prix émission et conséquences droits patrimoniaux et sociaux, renonciation rapport organe administration” (deed in French)
- Other provision, “actions nouvelles, renonciation droit souscription préférentielle” (deed in French)
- Capital contribution, €150,000
- Capital contribution, €50,000 (2 times)
- Capital contribution, €25,000
- Bank account, EUR, 190000
- Other provision, “dossier notaire, preuve dépôt” (deed in French)
- +18 further facts in this act
15-02
Gazette deed
Reappointments: de la Haye Arnaud, Dalla Palma Aldo and 2 othersRegistered-office move6 facts ▸
- General meeting, 12-12-2023
- Director reappointment, de la Haye Arnaud (director)
- Director reappointment, Dalla Palma Aldo (director)
- Director reappointment, Golstein Gaston (director)
- Director reappointment, Reverchon Hippolyte (director)
- Registered-office move, chaussée de Mons 1291 à 1070 Anderlecht
06-06
Gazette deed
Capital & shares · Purpose · Amendment of the articlesKind of shares · Capital increase · Share issue17 facts ▸
- General meeting, 31-05-2023
- Other provision, “unanimité, dispense lecture rapport article 5:102” (deed in French)
- Kind of shares, 300, “classification” (deed in French)
- Capital increase, €70,000
- Other provision, “présent apport et augmentation, renonciation droit de souscription préférentielle” (deed in French)
- Other provision, “renonciation rapport justification prix émission, actionnaires de la société” (deed in French)
- Share issue, “B”, 32 (deed in French)
- Share issue, “B”, 8 (deed in French) (4 times)
- Other provision, “souscription HUIT actions classe B, procuration sous seing privée pour souscription” (deed in French) (3 times)
- Bank account, “BNP PARIBAS FORTIS”, 70000 (deed in French)
- Other provision, “B, constat apport et libération” (deed in French)
- Kind of shares, 332, 300
- +5 further facts in this act
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21307E0261/00G000 | Brussels | 1.1 ha | 1 · 933 m² | 32.9 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Toutes activités d’ingénierie en conception industrielle,conception de stratégie d’affaire,conception de produit et/ou de service,conception…” (deed in French)
30 activities (deed in French)
- Toutes activités d’ingénierie en conception industrielle,conception de stratégie d’affaire,conception de produit et/ou de service,conception de communication,conception graphique,conception d’espace,conception environnementale,sous forme de consultance,étude,recherche et développement,accompagnement,prospection,prototypage,gestion,coordination,de mise en œuvre industrielle ou artisanale et suivi,dans secteurs publics et privés,échelle locale,régionale,nationale ou internationale,tous domaines confondus
- La communication;la publicité;le packaging;le marketing;les créations publicitaires;l'illustration;le copywriting;la conception,la création,le Corporate Identity
- L'organisation et la production d'événements,d'actions de marketing et promotionnelles,d'expositions artistiques et/ou culturelles
- L'activité d'agence de communication
- La production,la promotion,la distribution et la diffusion dans secteurs artistiques,audiovisuel,radiophonique,édition,presse et tous autres moyens communication
- Toutes activités commerciales et promotionnelles y relatives,ainsi que fourniture biens et prestation service en rapport direct et indirect
- L'achat,la vente,l'import et l'export d'instruments de communication;toutes activités multimédia,conception,création et maintenance portails web et e-commerce
- Toutes activités liées directement ou indirectement à l'impression sur tout type support
- Toutes activités de graphisme,de studio graphique,exploitation laboratoire photographique,exécution travaux développement et photocomposition;réalisation prises de vue,reportage vidéo;commerce gros ou détail notamment importation,exportation,négoce,concession,distribution tous produits photo,cinéma,vidéo,audio-visuel et tous produits reproduction,traitement et transfert image et son sous quelques formes
- Toutes activités,telles que par exemple:conception,préparation,développement,réalisation,direction,production,édition,promotion,financement,distribution,achat,vente ou intermédiation,commercialisation,merchandising y apparentés de toutes oeuvres audiovisuelles sur tout support image,texte ou son,y compris textile,mode et design
- Toutes opérations ressortissant à recherche et développement,production,création,achat et vente,valorisation,exportation et importation,représentation,prise participation ou licence tous biens meubles ou immeubles,matériels ou immatériels,y comprises oeuvres architecturales,artistiques et littéraires,et prestation tous services relevant commerce et industrie,y comprises organisation administrative,gestion financière,structure technique ou politique marchande ou non marchande toutes entreprises,institutions ou organisations nationales comme internationales,publiques comme privées,lucratifs ou non,ainsi qu'organisation événements,promotion et publicité
- Toutes opérations se rapportant directement ou indirectement à:le conseil et l’assistance en matière commerciale
- La formation et le conseil en tous genres ainsi que négociation tous types contrats
- La consultance pour tous types entreprises
- Le conseil dans affaires en général et autres conseils gestion
- Le management,l’organisation commerciale,financière et technique tous types société
- La gestion commerciale et industrielle
- La prestation tous services bureautique,travaux secrétariat,organisation séminaires,aide entreprises organisation entreprise
- Faire des avances en compte courant et accorder cautions et/ou garanties pour compte tiers
- La consultance,le conseil,prestation services domaine informatique
- La conception,programmation,réalisation tous logiciels et programmes,maintenance
- La prestation services domaine informatique au sens large
- Le coaching,formations et séminaires domaine informatique
- L’achat,vente,location et mise à disposition software,hardware et tout matériel informatique et électronique au sens large
- Toutes études,recherches,développement travaux,expériences scientifique et technique,formations professionnelle,domaines informatique,technologie,graphique
- L’étude,obtention,achat,cession,rétrocession,exploitation,vente,concession tous brevets,licences,marques,dessins,modèles,procédés,formules et secrets fabrication concernant objet
- La prise participation directe ou indirecte toutes sociétés ou entreprises commerciales,industrielles,financières,mobilières ou immobilières
- Le contrôle de leur gestion ou participation par prise mandats au seindites sociétés
- L’achat,administration,vente toutes valeurs mobilières et immobilières,tous droits sociaux et gestion portefeuille
- La réalisation opérations achat,vente,location immeubles,et promotion magasins grande surface
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- DUPLEX STUDIO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, ARTICLE 2” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Determinee ou indeterminee, conseil d'administration” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Partage ou délivrance de legs, cession entre vifs ou transmission pour cause de mort libre sans restriction” (deed in French)“Declaration de transfert inscrite au registre relatif a ces actions, tous cessionnaires consecutifs tenus solidairement” (deed in French)
- Authorised capitalThe amount by which the board may raise capital without a new shareholder decision.
- One provision in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Article 2:80 du Code des sociétés et des associations” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Proportion des actions possédées, nombre,pouvoirs,émoluments” (deed in French)