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Duque Construction

Active
Private limited companyfounded 2024active for 2 yearsWezersebaan 2, 3440 Zoutleeuw, BelgiumKBO/BCE: BE 1007.205.141
Summary

Duque Construction has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16,813 and a net result of €10,429. Its solvency ranks better than 54% of 34,718 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Activity
Joinery installation
NACE 43320
1 site
Size
€33,517total assets 2025
Equity
€16,813
Profit
€10,429
Turnover not published (micro format)
Financial health
68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Structure
2025 accounts 7 days early
Why 68raises riskFounded in 2024Size: total assets €33,517lowers riskLiquidity: current ratio 1.21, cash €7,252, halvedEquity €16,813 (50.2% of total assets)Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 72% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 75+14
equity 50.2% of total assets
Liquidity 52-14
short-term debt 49.8% · cash 21.6%
Profitability 100+1
return on assets 31.1%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,639 companies, NACE 43, micro)
Last 24 months 04-2025: 1.9% 05-2025: 1.9%● unchanged vs 04-2025 06-2025: 2.0%▲ +0.1 percentage points vs 05-2025 07-2025: 2.4%▲ +0.4 percentage points vs 06-2025highest value 08-2025: 0.6%▼ -1.8 percentage points vs 07-2025lowest value 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.7%▲ +0.1 percentage points vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 1.0%▲ +0.3 percentage points vs 07-2026 09-2026: 1.0%● unchanged vs 08-2026 10-2026: 1.0%● unchanged vs 09-2026
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.21, compared with 1.56 in 2024, below the usual 1.5; short-term debt: 49.8% and cash: 21.6% of total assets), and 49.8% of the assets are financed with debt and provisions.
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 43, micro): better than 54% on solvency, 47% on liquidity, 92% on profitability and 95% on growth.

The bankruptcy probability was computed on 25-10-2026 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).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 1.21, cash €7,252, halved
NBB · annual accounts
raises risk · Size: total assets €33,517
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €16,813 (50.2% of total assets)
NBB · annual accounts
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 24-07-2026, 7 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
7 days early
2024
25 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 16 days before the deadline; the sector median (NACE 43) for financial year 2024 is 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.
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. IncorporationAppointment: DUQUé Pierre Jean Laurent…

Financials · financial year 2025, micro format

Equity
€16,813▲ 163%
2024 · €6,384
Total assets
€33,517▲ 87.6%
2024 · €17,862
Net result
€10,429▲ 138%
2024 · €4,384
Working capital
€3,493▼ 45.3%
2024 · €6,384
Trend over the years

2024 to 2025, 2 financial years

The operating result rises in 2025; 2025 is 165% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€15,188 2025 Net result€10,429 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: 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).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€5,735-€15,188▲ 165%
Net result€4,384within the sector's middle half-€10,429within the sector's middle half▲ 138%
Equity€6,384below the sector's middle half-€16,813below the sector's middle half▲ 163%
Total assets€17,862below the sector's middle half-€33,517below the sector's middle half▲ 87.6%
Debt€11,479-€16,704▲ 45.5%
Working capital€6,384within the sector's middle half-€3,493below the sector's middle half▼ 45.3%
Solvency35.7%within the sector's middle half-50.2%within the sector's middle half▲ 14.4pp
Current ratio1.56within the sector's middle half-1.21within the sector's middle half▼ 0.35
Return on assets (ROA)24.5%above the sector's middle half-31.1%above the sector's middle half▲ 6.6pp
above within below the middle half of NACE 43, Specialised construction activities: 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.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €33,517
Fixed assets €13,320
Current assets €20,197
Equity and liabilities €33,517
Equity €16,813 ▲ 163%
Debt €16,704 ▲ 45.5%
Debt's share of the balance-sheet total falls from 64.3% to 49.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€17,104
Cash flow
€12,345
Debt to equity
0.99▼
2024 · 1.80
ROE
62.0%▼
2024 · 68.7%
Interest coverage
9.48
Debt ≤ 1 year
€16,704▲
2024 · €11,479
Income taxes
€2,966▲
2024 · €1,283
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 39,278 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€17,862€33,517▲
Fixed assets21/28-€13,320
Tangible fixed assets22/27-€13,320
Plant, machinery and equipment23-€4,750
Furniture and vehicles24-€8,570
Current assets29/58€17,862€20,197▲
Amounts receivable within one year40/41€2,049€12,181▲
Trade receivables40€1,390€10,473▲
Other amounts receivable41€659€1,707▲
Cash at bank and in hand54/58€15,380€7,252▼
Deferred charges and accrued income490/1€434€765▲
Equity and liabilities
Total equity and liabilities10/49€17,862€33,517▲
Equity10/15€6,384€16,813▲
Contributions10/11€2,000€2,000=
Reserves13€4,384€14,724▲
Distributable reserves133€4,384€14,724▲
Profit (loss) carried forward14-€89
Amounts payable17/49€11,479€16,704▲
Amounts payable within one year42/48€11,479€16,704▲
Trade debts44€3,363€10,134▲
Suppliers440/4€3,363€10,134▲
Taxes, remuneration and social security45€1,283€4,249▲
Taxes450/3€1,283€4,249▲
Other amounts payable47/48€6,832€2,321▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1,916
Other operating charges640/8€156€319▲
Gross operating margin9900€5,891€17,423▲
Operating profit (loss)9901€5,735€15,188▲
Financial income75/76B€1€10▲
Recurring financial income75€1€10▲
Financial charges65/66B€69€1,804▲
Recurring financial charges65€69€1,804▲
Profit (loss) for the period before taxes9903€5,667€13,394▲
Income taxes67/77€1,283€2,966▲
Profit (loss) for the period9904€4,384€10,429▲
Profit (loss) for the period to be appropriated9905€4,384€10,429▲
Appropriation of the result
Profit (loss) to be appropriated9906€4,384€10,429▲
Transfer to equity691/2€4,384€10,340▲
To other reserves6921€4,384€10,340▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1,916-
Other operating charges640/8€156€319▲ 104%
Gross operating margin9900€5,891€17,423▲ 196%
Operating profit (loss)9901€5,735€15,188▲ 165%
Financial income75/76B€1€10▲ 14×
Recurring financial income75€1€10▲ 14×
Financial charges65/66B€69€1,804▲ 26×
Recurring financial charges65€69€1,804▲ 26×
Profit (loss) for the period before taxes9903€5,667€13,394▲ 136%
Income taxes67/77€1,283€2,966▲ 131%
Profit (loss) for the period9904€4,384€10,429▲ 138%
Profit (loss) for the period to be appropriated9905€4,384€10,429▲ 138%
Line20242025Change
Assets
Total assets20/58€17,862€33,517▲ 87.6%
Fixed assets21/28-€13,320-
Tangible fixed assets22/27-€13,320-
Plant, machinery and equipment23-€4,750-
Furniture and vehicles24-€8,570-
Current assets29/58€17,862€20,197▲ 13.1%
Amounts receivable within one year40/41€2,049€12,181▲ 495%
Trade receivables40€1,390€10,473▲ 654%
Other amounts receivable41€659€1,707▲ 159%
Cash at bank and in hand54/58€15,380€7,252▼ 52.9%
Deferred charges and accrued income490/1€434€765▲ 76.4%
Equity and liabilities
Total equity and liabilities10/49€17,862€33,517▲ 87.6%
Equity10/15€6,384€16,813▲ 163%
Contributions10/11€2,000€2,000=
Reserves13€4,384€14,724▲ 236%
Distributable reserves133€4,384€14,724▲ 236%
Profit (loss) carried forward14-€89-
Amounts payable17/49€11,479€16,704▲ 45.5%
Amounts payable within one year42/48€11,479€16,704▲ 45.5%
Trade debts44€3,363€10,134▲ 201%
Suppliers440/4€3,363€10,134▲ 201%
Taxes, remuneration and social security45€1,283€4,249▲ 231%
Taxes450/3€1,283€4,249▲ 231%
Other amounts payable47/48€6,832€2,321▼ 66.0%
Line20242025Change
Profit (loss) for the period9904€4,384€10,429▲ 138%
+ Depreciation and write-downs630-€1,916-
Operating cash flow (approximation)€4,384€12,345▲ 182%
Change in cash--€8,129-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 24-07-2026 2026-00327724
31-12-2024 micro format 06-07-2025 2025-00234807

Similar companies · same sector, comparable size

Of the 19,855 active companies whose main activity is joinery installation (NACE 43320), figures are known for 9,273. 5,924 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2024
DUQUé Pierre Jean Laurent Ludmilla
Director (not named in the articles) · since 19-03-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
DUQUé Pierre Jean Laurent Ludmilla
  • Director (not named in the articles), from 19-03-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

Duque Construction was incorporated on 15 March 2024 as a private limited company.1 Since 2024, DUQUé Pierre Jean Laurent Ludmilla has served as director of the company.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 19-03-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
24-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
06-07
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
19-03
Gazette deed Incorporation
Appointment: DUQUé Pierre Jean Laurent Ludmilla (director) · Founder · Founding capital5 facts ▸
  • Incorporation, “Duque Construction” (deed in Dutch)
  • Founder, DUQUé Pierre Jean Laurent Ludmilla
  • Founding capital, €2,000
  • Director appointment, DUQUé Pierre Jean Laurent Ludmilla (director (not named in the articles))
  • Pre-incorporation commitments, “takeover, alle verbintenissen en alle verplichtingen die eruit voortvloeien,en alle activiteiten ondernomen in naam en voor rekening van de vennootschap in opri…” (deed in Dutch)
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded15-03-2024
Financial year end31-12
Activities, NACEBEL 2025
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID 0208:1007205141
Also 9925:BE1007205141
Registered 11-01-2026

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.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1007.205.141

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Zoutleeuw · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
765 m²
Building footprint
97 m²
Building volume
478 m³
Parcel 24037A0088/00R000, Flanders · tallest building 8.6 m. Linked by address, not a title deed.
1 establishment unit
Duque Construction
Wezersebaan 2, 3440 ZoutleeuwJoinery installation
since 2024unit no. 2.357.535.312
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
24037A0088/00R000 Flanders 764 m² 1 · 97 m² 8.6 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Vervaardiging van ander schrijn- en timmerwerk; Vervaardiging van keukenmeubelen; Overige bouwinstallatie,niet eerder genoemd; Overige…” (deed in Dutch)
15 activities (deed in Dutch)
  1. Vervaardiging van ander schrijn- en timmerwerk
  2. Vervaardiging van keukenmeubelen
  3. Overige bouwinstallatie,niet eerder genoemd
  4. Overige installaties (inclusief accessoires),niet eerder genoemd
  5. Schrijnwerk
  6. Montage van buiten- en binnenschrijnwerk van hout of van kunststof: deuren vensters,kozijnen,trappen,muurkasten,inbouwkeukens,winkelinrichtingen,enzovoort
  7. Montage van buiten- en binnenschrijnwerk in metaal: deuren,vensters,kozijnen,trappen,muurkasten,inbouwkeukens,winkelinrichtingen,enzovoort
  8. Montage van buiten- en binnenschrijnwerk van kunststof
  9. Overige werkzaamheden in verband met de afwerking van gebouwen,niet eerder genoemd
  10. Overige gespecialiseerde bouwwerkzaamheden
  11. Handelsbemiddeling in goederen,algemeen assortiment
  12. Niet-gespecialiseerde groothandel
  13. Kleinhandel in inbouwkeukens
  14. Detailhandel in allerlei producten via het internet (e-commerce)
  15. Overige detailhandel,niet in winkels en exclusief markt- en straathandel

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
Duque Construction
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Wezersebaan 2,3440 Zoutleeuw” (deed in Dutch)

deed of 19-03-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Vennoten / algemene vergadering die de bestuurder(s) benoemt, één of meer bestuurders,natuurlijke personen of rechtspersonen,al dan niet…” (deed in Dutch)

deed of 19-03-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Friday of June at 10:00

deed of 19-03-2024