DUPLO Construction
ActiveThe computed 12-month bankruptcy probability of DUPLO Construction is 3.3% (moderate). The 2024 annual accounts show equity of €13k and a net result of €-11k. Equity is shrinking by ~44.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 32% of 9981 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
37
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-2
Solvency50▼-6
Growth32=
Track record94
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.84 against 0.98 in 2023; short-term debt: 74.6% and cash: 29.9% of total assets), and 74.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
25.4%
Return on assets
-22.4%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
222324
2022 to 2024 · latest year €-11k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
24 d late
2022
30 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€13k▼ 46.9%
2023 · €24k
2022: €34k
2023: €24k
2022 → 2024
Total assets
€49k▼ 35.3%
2023 · €76k
2022: €65k
2023: €76k
2022 → 2024
Net result
€-11k▼ 10.4%
2023 · €-10k
2022: €28k
2023: €-10k
2022 → 2024
Working capital
€-6k▼ 407%
2023 · €-1k
2022: €25k
2023: €-1k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€34k-€24k▼ 29.8%€13k▼ 46.9%
Operating result€35k-€-10k€-11k▼ 15.6%
Net result€28k-€-10k€-11k▼ 10.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2024 against €10k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €49k
Fixed assets
€19k▼ 25.3%
Current assets
€31k▼ 40.2%
Equity and liabilities €49k
Equity
€13k▼ 46.9%
Debt
€37k▼ 30.2%
The debt ratio rises from 69.0% to 74.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-3k▲
2023 · €-6k
Cash flow
€-3k▲
2023 · €-6k
Solvency
25.4%▼
2023 · 31.0%
Current ratio
0.84▼
2023 · 0.98
Quick ratio
0.84▼
2023 · 0.86
Debt / equity
2.93▲
2023 · 2.23
ROE
-88.2%▼
2023 · -42.5%
ROA
-22.4%▼
2023 · -13.1%
Interest coverage
-15.71▼
2023 · -9.23
Debt
€37k▼
2023 · €53k
Debt ≤ 1 year
€37k▼
2023 · €53k
Staff costs
€222▼
2023 · €544
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€76k€49k▼
Fixed assets21/28€25k€19k▼
Tangible fixed assets22/27€19k€13k▼
Plant, machinery and equipment23€8k€6k▼
Furniture and vehicles24€12k€8k▼
Financial fixed assets28€5k€5k▲
Current assets29/58€51k€31k▼
Stocks and contracts in progress3€6k-
Stocks30/36€6k-
Amounts receivable within one year40/41€32k€16k▼
Trade receivables40€27k€16k▼
Other amounts receivable41€5k-
Cash at bank and in hand54/58€13k€15k▲
Equity and liabilities
Total equity and liabilities10/49€76k€49k▼
Equity10/15€24k€13k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€18k€7k▼
Amounts payable17/49€53k€37k▼
Amounts payable within one year42/48€53k€37k▼
Trade debts44€22k€17k▼
Suppliers440/4€22k€17k▼
Taxes, remuneration and social security45€15k€13k▼
Taxes450/3€10k€9k▼
Remuneration and social security454/9€5k€4k▼
Other amounts payable47/48€16k€7k▼
Income statement
Code20232024
Remuneration, social security and pensions62€544€222▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€8k▲
Other operating charges640/8€505€980▲
Gross operating margin9900€-5k€-2k▲
Operating profit (loss)9901€-10k€-11k▼
Financial income75/76B€124€150▲
Recurring financial income75€124€150▲
Financial charges65/66B€609€180▼
Recurring financial charges65€609€180▼
Profit (loss) for the period before taxes9903€-10k€-11k▼
Profit (loss) for the period9904€-10k€-11k▼
Profit (loss) for the period to be appropriated9905€-10k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€7k▼
Profit (loss) brought forward from the previous period14P€28k€18k▼
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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series.
24-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 24 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Turnhout · 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.
Patersstraat 1002300 TurnhoutGround area
4,764 m²
Building footprint
1,265 m²
Volume, LiDAR
15,406 m³
2 parcels, Flanders, Wallonia · tallest building 32.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
DUPLO Construction
since 20222.325.660.023
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13454R0631/00A000 | Flanders | 4,597 m² | 1 · 1,227 m² | 32.4 m · 4 fl. |
| 62810A1245/00P005 | Wallonia | 166 m² | 1 · 38 m² | 8.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,041. 10,093 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-12-2021
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
25401Forging of metal
33110Repair and maintenance of fabricated metal products
43120Site preparation
43211General electrical installation work
43240Other construction installation
43299Specialised construction activities
43320Joinery installation
43410Roofing work
43994Specialised construction activities
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.