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DUSART

Active Public limited companyfounded 1995active for 31 yearsTorsinplein 14, 3300 TienenKBO/BCE: BE 0454.291.976

Lifetime

19 annual accounts with figures on one time axis, 23 filings since 1996
peak €74,903 (2016)
€21,355▲ 21.7%
lowest -€32,051 (2009)
-€14,285▲ €2,955
peak €1.2m (2016)
€1.1m▼ 1.3%
€960,740▲ 2.2%
peak 0 FTE (2006)
-not published
Board4 names since 2019
2 directorsElisabeth Craninckx and 1 other
Documentsfilings and deeds
08-01-2026161 days late
2024abbreviated format
Gross margin from €17,541 to €21,355Loss of €14,2851 director appointed, 2 resignations 02-04Cash from €3,389 to €11,856

Key points

from the 2024 annual accounts

Losses

-€49,437 in three years
-17,9122022-17,2402023-14,2852024

Every financial year from 2022 to 2024 closed with a loss. 2022 was the heaviest.

Filings

23 annual accounts 102 days past the deadline
AprilJune31 JulyOctober200020102020

2025 accounts not filed: deadline was 31-07-2026.

Position in the sector

-€14,285

Lower net result than 86% of companies in head offices and management consultancy. Sector median €45,699 · 8,094 companies.

Checked score

55
Fair
Financially stronger than 38% of small companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 4,522 companies (NACE 70, small).

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 2.1% 01-2025: 0.8%▼ -1.3 percentage points vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.9%▲ +0.1 percentage points vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 0.8%▼ -0.1 percentage points vs 05-2025 07-2025: 0.9%▲ +0.1 percentage points vs 06-2025 08-2025: 1.1%▲ +0.2 percentage points vs 07-2025 09-2025: 1.3%▲ +0.2 percentage points vs 08-2025 10-2025: 1.7%▲ +0.4 percentage points vs 09-2025 11-2025: 1.8%▲ +0.1 percentage points vs 10-2025 12-2025: 2.2%▲ +0.4 percentage points vs 11-2025 01-2026: 3.5%▲ +1.3 percentage points vs 12-2025highest value 02-2026: 0.7%▼ -2.8 percentage points vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.8%▲ +0.1 percentage points vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.7%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 1.0%▲ +0.3 percentage points vs 07-2026 09-2026: 1.1%▲ +0.1 percentage points vs 08-2026 10-2026: 1.6%▲ +0.5 percentage points vs 09-2026 11-2026: 1.6%● unchanged vs 10-2026

Financial strength
Average

77-1equity 52.5% of total assets
47=short-term debt 16.6% · cash 0.6%
49+1return on assets -0.7%

Score breakdown

raises risk
1 financial year not filed after the legal deadline; last filed accounts filed 161 days late; 3 of the last 3 accounts late
Figures for financial year 2024 (filed on 09-01-2026)
Liquidity: current ratio 0.04, cash €11,856
lowers risk
Founded in 1995
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 70, small). It does better than 50% of them on solvency, 36% on liquidity, 36% on profitability and 30% 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 31-12-2024.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 8,617 companies had the same profile as DUSART has now. Each dot stands for 22 companies, two years later.

94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of DUSART itself is higher: 1.6% within 12 months. It rests on far more data about DUSART than the profile alone.

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.

The companies in ten equal groups, from the lowest to the 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%

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 8,617 companies, not a prediction for DUSART. 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 €3,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity is insufficient, with a current ratio of 0.04 (0.03 in 2023), below 1. Short-term debt is 16.6% and cash 0.6% of total assets. 47.5% 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

Six signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 161 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 09-01-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.04, cash €11,856
NBB · annual accounts
lowers risk · Founded in 1995
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 102 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline10-11-2026 today
raises risk · 2024 accounts filed 161 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-01-2026, 161 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
161 days late
2023
151 days late
2022
122 days late
2021
97 days late
2020
138 days late
2019
25 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 107 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DD
Director
Board & ownership

Recent changes

1 director appointed, 2 resignations Change of role: Danjël Dusart, from managing director to director · Resignations: Elisabeth Craninckx and François Bruyninckx · Appointment: Elisabeth Craninckx · General meeting of 10-10-2023 · Gazette deed
2 directors appointed, 2 resignations Change of role: Daniël Dusart, from managing director to director · Resignations: Elisabeth Craninckx and François Bruyninckx · Appointments: Elisabeth Craninckx and François Bruyninckx · General meeting of 18-07-2019 · Gazette deed
Incorporation published on 01-02-1995 · Gazette deed
All 33 events

Comparable companies

same main activity, similar in size and age
Company
DUSART Tienen €2.0m €21,355 52.5% -
LOFRA Grimbergen €2.0m €23,953 87.2% -
D'Consult Oud-Heverlee €2.0m €26,493 17.7% -
JURFISC CONSULT Lievegem €2.1m €20,744 36.1% -
Mikavér Beerse €2.1m €23,110 49.4% -
MASTER BUSINESS CONSULTING Willebroek €2.2m €20,901 99.5% -
Financière François Compté Schaerbeek €2.1m €20,804 38.0% 1.4

These companies have the same main activity as DUSART: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €2m and €2.2m, founded between 1989 and 1999.

Official details

Source: KBO
Status
Active since 05-01-1995Normal situation
Activity
Business and other management consultancyNACE 70200and 1 other
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2024

€2.0m▲ 0.3%
Filing
Filed on 08-01-2026
Financials

Insights on DUSART

DUSART files the abbreviated format. That format states no turnover. The gross margin rose from €1,787 in 2006 to €21,355 in 2024.

The balance sheet grew most from 2010 to 2012 through fixed assets.

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 DUSART

What is the company number of DUSART?
The company number of DUSART is 0454.291.976. The VAT number is the same number with BE in front: BE 0454.291.976.
Where is DUSART based?
The registered office is at Torsinplein 14, 3300 Tienen.Company details
What does DUSART do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of DUSART?
DUSART is a public limited company (NV).
When was DUSART founded?
DUSART was founded on 05-01-1995.
Is DUSART still active?
Yes, DUSART is an active enterprise in the KBO register.
What is the turnover of DUSART?
The turnover of DUSART was €38,208 in financial year 2024, according to the filed annual accounts.Financials
Is DUSART profitable?
In financial year 2024, DUSART made a loss of €14,285.
Where can I find the annual accounts of DUSART?
DUSART filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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