Dutchess
ActiveSummary
The annual accounts of Dutchess for fiscal year 2025 show a net loss of 409% of total assets and of 80% of the equity at the start of that year. The 2025 annual accounts show equity of €3k and a net result of €-14k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 3489 sector peers (fiscal year 2025). The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
59
/ 100
Fair
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
balance sheet total too small for a liquidity verdict.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2025Age of the figures
Age of the figures
9 mo
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 · 10 filingsDeviation from the deadline
2025
7 d early
2024
7 d early
2023
6 d late
2022
5 d early
2021
12 d early
2020
33 d early
2019
24 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3k▼ 80.4%
2024 · €17k
2018: €-3klowest in 8 years
2019: €8k▲ +368% vs 2018
2020: €12k▲ +50.0% vs 2019
2021: €9k▼ -24.2% vs 2020
2022: €16k▲ +72.6% vs 2021
2023: €-1k▼ -109% vs 2022
2024: €17k▲ +1398% vs 2023highest in 8 years
2025: €3k▼ -80.4% vs 2024
2018 → 2025
Total assets
€3k▼ 83.9%
2024 · €21k
2018: €110lowest in 8 years
2019: €29k▲ +26285% vs 2018highest in 8 years
2020: €28k▼ -5.2% vs 2019
2021: €19k▼ -31.4% vs 2020
2022: €26k▲ +35.2% vs 2021
2023: €8k▼ -70.0% vs 2022
2024: €21k▲ +175% vs 2023
2025: €3k▼ -83.9% vs 2024
2018 → 2025
Net result
€-14k
2024 · €19k
2019: €11k
2020: €4k▼ -63.6% vs 2019
2021: €-3k▼ -173% vs 2020
2022: €7k▲ +327% vs 2021
2023: €-17k▼ -358% vs 2022lowest in 7 years
2024: €19k▲ +210% vs 2023highest in 7 years
2025: €-14k▼ -175% vs 2024
2019 → 2025
Working capital
€3k▼ 80.4%
2024 · €17k
2018: €-3klowest in 8 years
2019: €4k▲ +225% vs 2018
2020: €5k▲ +26.6% vs 2019
2021: €36▼ -99.2% vs 2020
2022: €11k▲ +29106% vs 2021
2023: €-2k▼ -121% vs 2022
2024: €17k▲ +879% vs 2023highest in 8 years
2025: €3k▼ -80.4% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€9k-€16k▲ 72.6%€-1k€17k€3k▼ 80.4%
2021: €9k
2022: €16k▲ +72.6% vs 2021
2023: €-1k▼ -109% vs 2022lowest in 5 years
2024: €17k▲ +1398% vs 2023highest in 5 years
2025: €3k▼ -80.4% vs 2024
Operating result€-2k-€6k€-17k€20k€-14k
2021: €-2k
2022: €6k▲ +337% vs 2021
2023: €-17k▼ -382% vs 2022lowest in 5 years
2024: €20k▲ +223% vs 2023highest in 5 years
2025: €-14k▼ -167% vs 2024
Net result€-3k-€7k€-17k€19k€-14k
2021: €-3k
2022: €7k▲ +327% vs 2021
2023: €-17k▼ -358% vs 2022lowest in 5 years
2024: €19k▲ +210% vs 2023highest in 5 years
2025: €-14k▼ -175% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €14k after €20k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3k
Fixed assets
€53 ▼ 80.5%
Current assets
€3k ▼ 84.0%
Equity and liabilities €3k
Equity
€3k ▼ 80.4%
Debt
€2 ▼ 99.9%
Debt's share of the balance-sheet total falls from 18.3% to 0.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-13k▼
2024 · €21k
Cash flow
€-14k▼
2024 · €19k
Interest coverage
-148.83▼
2024 · 38.99
Debt ≤ 1 year
€2▼
2024 · €4k
Income taxes
€101▼
2024 · €1k
Ratios withheld: a balance sheet total of €3k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet
Code20242025
Assets
Total assets20/58€21k€3k▼
Fixed assets21/28€272€53▼
Tangible fixed assets22/27€272€53▼
Furniture and vehicles24€272€53▼
Current assets29/58€21k€3k▼
Amounts receivable within one year40/41€4k€2k▼
Trade receivables40€4k€2k▼
Other amounts receivable41-€67
Cash at bank and in hand54/58€17k€1k▼
Equity and liabilities
Total equity and liabilities10/49€21k€3k▼
Equity10/15€17k€3k▼
Contributions10/11€6k€6k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Profit (loss) carried forward14€10k€-4k▼
Amounts payable17/49€4k€2▼
Amounts payable within one year42/48€4k€2▼
Current portion of amounts payable after more than one year42€62-
Taxes, remuneration and social security45€976€2▼
Taxes450/3€976€2▼
Other amounts payable47/48€3k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€573€220▼
Gross operating margin9900€21k€-13k▼
Operating profit (loss)9901€20k€-14k▼
Financial charges65/66B€539€90▼
Recurring financial charges65€539€90▼
Profit (loss) for the period before taxes9903€20k€-14k▼
Income taxes67/77€1k€101▼
Profit (loss) for the period9904€19k€-14k▼
Profit (loss) for the period to be appropriated9905€19k€-14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€-4k▼
Profit (loss) brought forward from the previous period14P€-9k€10k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €5k | €5k | €573 | €220 | ▼ 61.6% |
| Gross operating margin9900 | €2k | €11k | €-12k | €21k | €-13k | ▼ 164% |
| Operating profit (loss)9901 | €-2k | €6k | €-17k | €20k | €-14k | ▼ 167% |
| Financial charges65/66B | €387 | €256 | €138 | €539 | €90 | ▼ 83.3% |
| Recurring financial charges65 | €387 | €256 | €138 | €539 | €90 | ▼ 83.3% |
| Profit (loss) for the period before taxes9903 | €-3k | €6k | €-17k | €20k | €-14k | ▼ 169% |
| Income taxes67/77 | €11 | €-896 | €111 | €1k | €101 | ▼ 92.8% |
| Profit (loss) for the period9904 | €-3k | €7k | €-17k | €19k | €-14k | ▼ 175% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €7k | €-17k | €19k | €-14k | ▼ 175% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €19k | €26k | €8k | €21k | €3k | ▼ 83.9% |
| Formation expenses20 | €599 | €299 | - | - | - | - |
| Fixed assets21/28 | €8k | €5k | €846 | €272 | €53 | ▼ 80.5% |
| Tangible fixed assets22/27 | €8k | €5k | €846 | €272 | €53 | ▼ 80.5% |
| Plant, machinery and equipment23 | €8k | €4k | - | - | - | - |
| Furniture and vehicles24 | €375 | €734 | €846 | €272 | €53 | ▼ 80.5% |
| Current assets29/58 | €10k | €20k | €7k | €21k | €3k | ▼ 84.0% |
| Amounts receivable within one year40/41 | €4k | €8k | €5k | €4k | €2k | ▼ 51.2% |
| Trade receivables40 | €4k | €8k | €5k | €4k | €2k | ▼ 52.9% |
| Other amounts receivable41 | €216 | - | - | - | €67 | - |
| Cash at bank and in hand54/58 | €6k | €11k | €2k | €17k | €1k | ▼ 92.2% |
| Deferred charges and accrued income490/1 | €253 | €2k | €66 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €19k | €26k | €8k | €21k | €3k | ▼ 83.9% |
| Equity10/15 | €9k | €16k | €-1k | €17k | €3k | ▼ 80.4% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Outside capital11 | €6k | - | - | - | - | - |
| Other1109/19 | €6k | - | - | - | - | - |
| Reserves13 | €1k | €1k | €1k | €1k | €1k | = |
| Non-distributable reserves130/1 | €1k | €1k | €1k | €1k | €1k | = |
| Legal reserve130 | €1k | - | - | - | - | - |
| Reserves not available under the articles1311 | - | €1k | €1k | €1k | €1k | = |
| Profit (loss) carried forward14 | €2k | €8k | €-9k | €10k | €-4k | ▼ 141% |
| Amounts payable17/49 | €10k | €10k | €9k | €4k | €2 | ▼ 99.9% |
| Amounts payable within one year42/48 | €10k | €10k | €9k | €4k | €2 | ▼ 99.9% |
| Current portion of amounts payable after more than one year42 | €6k | - | - | €62 | - | - |
| Financial debts43 | - | €6k | €967 | - | - | - |
| Credit institutions430/8 | - | €6k | €967 | - | - | - |
| Trade debts44 | €4k | €611 | €431 | - | - | - |
| Suppliers440/4 | €4k | €611 | €431 | - | - | - |
| Taxes, remuneration and social security45 | - | €88 | - | €976 | €2 | ▼ 99.8% |
| Taxes450/3 | - | €88 | - | €976 | €2 | ▼ 99.8% |
| Other amounts payable47/48 | - | €4k | €8k | €3k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €7k | €-17k | €19k | €-14k | ▼ 175% |
| + Depreciation and write-downs630 | €4k | €5k | €5k | €573 | €220 | ▼ 61.6% |
| Operating cash flow (approximation) | €1k | €11k | €-12k | €19k | €-14k | ▼ 171% |
| Investment in fixed assets (approximation) | - | €-1k | €-960 | €1 | €-1 | ▼ 200% |
| Change in cash | - | €5k | €-8k | €15k | €-15k | ▼ 205% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity times 309current ratio 1662.00
Current ratio from 5.38 to 1662.00; short-term debt falls from €4k to €2.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
31-12
Financial
Liquidity times 7current ratio 5.38
Current ratio from 0.76 to 5.38; short-term debt falls from €9k to €4k.
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.05
Current ratio from 1.00 to 2.05.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
31-12
Financial
Liquidity times 41current ratio 1.45
Current ratio from 0.04 to 1.45.
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Grobbendonk · 1 establishment unit since 1996
Ground area
724 m²
Building footprint
203 m²
Volume, LiDAR
1,124 m³
Parcel 13005B0161/00K000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Dutchess
since 19962.078.857.874
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13005B0161/00K000 | Flanders | 724 m² | 1 · 203 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,530 companies in sector 74301 we hold annual accounts for 720. 228 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-10-1996
Fiscal year end31-12
Activities, NACEBEL 2025
74301Translation services
Scores and ratios are computed by Checked and are not a credit decision.