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Duthoo

Active
Public limited companyfounded 1998active for 28 yearsPluim(Z) 1, 8550 Zwevegem, BelgiumKBO/BCE: BE 0463.091.064
Summary

Duthoo has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.3m and a net result of €1.6m. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 81% of 9,748 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Wholesale of construction materials, general range
NACE 46831
Largest company by equity in Zwevegem, Wholesale and retail trade sector1 site
Size
€12.1mtotal assets 2025
Staff
23.3 FTE
Equity
€9.3m
Profit
€1.6m
Turnover not published (abbreviated format)
Financial health
98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Largest shareholder
THOVIMO · 33.33%
Holdings
1
  • PALROWDirector · permanent representative Christophe Warlop
  • Moerman NathalieDirector
  • THOVIMOManaging director
Accounts 135 days early2 of 9 deeds read
Why 98lowers riskFounded in 1998Equity €9.3m (76.7% of total assets)Size: 23.3 FTE, total assets €12.1mProfit of €1.6m (financial year 2025)Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 84% of its sector peers (NACE 46, small)
Financial strength · tick = 2024
Strong
Solvency 100+1
equity 76.7% of total assets
Liquidity 60+2
short-term debt 9.6% · cash 7.8%
Profitability 85+2
return on assets 13.0%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,376 companies, NACE 46, small)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%▲ +0.1 percentage points vs 03-2025highest value 05-2025: 0.1%● unchanged vs 04-2025highest value 06-2025: 0.1%● unchanged vs 05-2025highest value 07-2025: 0.1%● unchanged vs 06-2025highest value 08-2025: 0.1%● unchanged vs 07-2025highest value 09-2025: 0.1%● unchanged vs 08-2025highest value 10-2025: 0.1%● unchanged vs 09-2025highest value 11-2025: 0.1%● unchanged vs 10-2025highest value 12-2025: 0.1%● unchanged vs 11-2025highest value 01-2026: 0.1%● unchanged vs 12-2025highest value 02-2026: 0.1%● unchanged vs 01-2026highest value 03-2026: 0.1%● unchanged vs 02-2026highest value 04-2026: < 0.1%▼ -0.1 percentage points vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €900,000 on 30-day terms is acceptable
Liquidity ample (current ratio 7.89, compared with 8.23 in 2024, above the usual 1.5; short-term debt: 9.6% and cash: 7.8% of total assets), and 23.3% 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 46, small): better than 92% on solvency, 78% on liquidity, 88% on profitability and 76% on growth.

The bankruptcy probability was computed on 23-10-2026 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 riskneutral
lowers risk · Founded in 1998
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €9.3m (76.7% of total assets)
NBB · annual accounts
lowers risk · Size: 23.3 FTE, total assets €12.1m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Profit of €1.6m (financial year 2025)
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 18-03-2026, 135 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
135 days early
2024
126 days early
2023
141 days early
2022
81 days early
2021
93 days early
2020
100 days early
2019
136 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 116 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% 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. The company usually files around 27 March (4 of the last 5 filed years within 33 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Highest result from 2018 to 2025net €1.6m ▲26.3%
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: Largest company by equity in Zwevegem, Wholesale and retail trade sectorin the Checked rankings No. 1 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €1.6m 8 years View
  • Positive: Result rose in 2025from €1.2m to €1.6m ▲ 26.3% View

By topic

Financials

Financial year
2025
Total assets
€12.1m
Profit
€1.6m
Solvency
76.7%
Go to Financials

Board & ownership

Board
3 members
Largest shareholder
THOVIMO · 33.33%
  • PALROWDirector
  • Moerman NathalieDirector
  • THOVIMOManaging director
Go to Board & ownership

Timeline

Events
31
Since
2000
Next accounts
by 31-07-2027
  1. 05-02-2025Appointment: PALROW (additional director)
  2. 12-03-2024Annual accounts filed
  3. 24-10-2023Reappointments: THOVIMO (director) and Moerman Nathalie (director)
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale of construction materials, general rangeNACE 46831
Founded
16-04-1998
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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