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Complete company report
Generated 18-08-2026
Active BE 0500.552.662Public limited companyOpen bankruptcy

DUVAL BRANDING

Regine Beerplein 1 ·2018 Antwerpen, Belgium· 13 yrs active
Sector: Activiteiten van adviesbureaus op het gebied van public relations en communicatie (73300)
Conclusion Checked

A bankruptcy procedure is open for DUVAL BRANDING according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €78k and a net result of €74k.

Based on the State Gazette, CBE and 6 annual accounts.
Key figures
Equity €78k
Net result €74k
Staff (FTE) 12.1
Better than sector 18%
Financial profile 5 of 5 axes measured · computed by Checked
Health0Profitability100Solvency14Growth78Stability0
38 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 100
Solvency 14
Growth 78
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2023 · computed
0 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 15-04-2024 with the NBB · fiscal year 2023 · verkort
€-750k€-500k€-250k€0€250kOperating result 2019: €136k€136kNet result 2019: €-35k€-35kOperating result 2020: €232k€232kNet result 2020: €164k€164kOperating result 2021: €246k€246kNet result 2021: €172k€172kOperating result 2022: €-551k€-551kNet result 2022: €-639k€-639kOperating result 2023: €104k€104kNet result 2023: €74k€74k20192020202120222023
Operating resultNet result
Sector comparison
Fiscal year 2023 · NACE 73, Advertising & market research · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 4.8% 43.8%
better than 18% of 219 sector peers
Net result €74k €19k
better than 72% of 218 sector peers
Equity €78k €106k
better than 44% of 219 sector peers
Gross operating margin €991k €79k
better than 90% of 217 sector peers
Staff costs €819k €172k
higher than 81% of 98 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€151k
- 18-23
Net profit
€74k
- 18-23
Cash flow
€121k
- 18-23
Total assets
€1.63M
+36.1% 18-23
Equity
€78k
- 18-23
Working capital
€-40k
+88.7% 18-23
Employees (FTE)
12
-19.9% 18-23
Staff costs
€819k
-15.8% 18-23
Show 11 other metrics
Income taxes
€1k
-98.0% 18-23
Debt
€1.55M
+9.4% 18-23
Debt ≤ 1y
€1.54M
+11.6% 18-23
Debt > 1y
€14k
-66.3% 18-23
Current ratio
0.97
+31.1% 18-23
Quick ratio
0.83
+38.3% 18-23
Solvency
4.8%
- 18-23
Debt / equity
19.97
- 18-23
ROE
94.7%
-67.3% 18-23
ROA
4.5%
- 18-23
Interest coverage
5.22
- 18-23
Figures by fiscal year
Fiscal year2023
Depositverkort
Revenue-
EBITDA€151k
Net profit€74k
Cash flow€121k
Staff costs€819k
Income taxes€1k
Dividends-
Total assets€1.63M
Equity€78k
Debt€1.55M
of which ≤ 1y€1.54M
of which > 1y€14k
Working capital€-40k
Employees (FTE)12.1
Ratios (computed)
2023
Current ratio0.97
Quick ratio0.83
Working capital ratio-2.5%
Solvency4.8%
Debt / equity19.97
Long-term debt ratio0.17
Interest coverage5.22
Gross margin-
Net margin-
ROA4.5%
ROE94.7%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts (26 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€1.63M
Fixed assets 21/28€132k
Intangible fixed assets 21€42k
Tangible fixed assets 22/27€87k
Financial fixed assets 28€3k
Current assets 29/58€1.50M
Stocks & contracts in progress 3€228k
Amounts receivable within one year 40/41€617k
Cash & bank 54/58€300k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.63M
Equity 10/15€78k
Contributions / capital 10/11€300k
Reserves 13€25k
Accumulated profits (losses) 14€-247k
Amounts payable 17/49€1.55M
Amounts payable after one year 17€14k
Amounts payable within one year 42/48€1.54M
Trade debts payable within one year 44€1.11M
Income statement
Gross operating margin 9900€991k
Operating result 9901€104k
Financial income 75€30
Financial charges 65€29k
Result before taxes 9903€75k
Income taxes 67/77€1k
Net result for the period 9904€74k
Result to be appropriated 9905€74k
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 2 directors
Former directors (2)
  • Brand Builders BVLegal entity
    Director
    State Gazette act 23016787 (02-02-2023)
    Former
    - → 22-06-2022
  • Duval Union CV
    Director
    State Gazette act 23016787 (02-02-2023)
    Former
    - → 22-06-2022
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Directors & mandates1 person
Role Name Tenure Source
Curator KJELL SWARTELE
ANSELMOSTRAAT 2, 2018 ANTWERPEN 1
 01-04-2025 → present Belgian State Gazette
Legal Structure
NACE primary Activiteiten van adviesbureaus op het gebied van public relations en communicatie(73300)
Legal form Public limited company(014)
Incorporation25-10-2012
StatusActive
Postal code2018
First BS signal 09-04-2025
Latest BS signal 09-04-2025
Establishment units 1 location
Duval Branding
Regine Beerplein 1, 2018 AntwerpenProductie en realisatie van publicitaire films en promotiefilms, films over technische onderwerpen of over bedrijven, films met educatieve inhoud of voor vormingsdoeleinden, videoclips
since 20122.214.004.709
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Updates 12 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
09-04-2025
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · DUVAL BRANDING NV REGINE BEERPLEIN 1/201, 2018 ANTWERPEN 1 · event 01-04-2025
2024
15-04-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
2023
20-07-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
02-02-2023
State Gazette act Director changes
2022
27-07-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
2021
17-08-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
2020
08-07-2020
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2019
28-08-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
2018
21-09-2018
NBB filing Annual accounts filed
fiscal year 2017 · verkort
2017
22-08-2017
NBB filing Annual accounts filed
fiscal year 2016 · verkort
2016
06-07-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
2015
31-07-2015
NBB filing Annual accounts filed
fiscal year 2014 · verkort
Lifecycle & Insolvency Signals1 events
09-04-2025
Bankruptcy Opening
Date: 01-04-2025 · Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · DUVAL BRANDING NV REGINE BEERPLEIN 1/201, 2018 ANTWERPEN 1 · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-04-09 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage 0 of 12 acts read

We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 3 years ago
2023
02-02-2023 2 resigning Director changes
  • Duval Union CV, Bestuurder
  • Brand Builders BV, Bestuurder
Technical details 
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Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Adviesbureaus op het gebied van public relations en communicatie70210Activiteiten van adviesbureaus op het gebied van public relations en communicatie73300Reclamebureaus73110Activiteiten van reclamebureaus73110
Primary activity highlighted.
Names & trade names
Legal nameNL DUVAL BRANDING
Registered office
Regine Beerplein 1 bus D201
2018 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative