Duvanhold
Open bankruptcyA bankruptcy procedure is open for Duvanhold according to publications in the Belgian State Gazette; curator: BENNY GOOSSENS.
Summary
The 2023 annual accounts show equity of €2.71M and a net result of €-45k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
30 d late
2022
27 d early
2021
37 d early
2020
9 d early
2019
15 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, abbreviated schema
Equity
€2.71M▼ 1.6%
2022 · €2.76M
2018: €2.88M
2019: €2.86M
2020: €2.83M
2021: €2.80M
2022: €2.76M
2018 → 2023
Total assets
€4.79M=
2022 · €4.79M
2018: €4.79M
2019: €4.79M
2020: €4.79M
2021: €4.79M
2022: €4.79M
2018 → 2023
Net result
€-45k▼ 11.5%
2022 · €-41k
2018: €-23k
2019: €-25k
2020: €-24k
2021: €-38k
2022: €-41k
2018 → 2023
Working capital
€-326k▲ 83.8%
2022 · €-2.01M
2018: €-813k
2019: €-1.20M
2020: €-1.58M
2021: €-1.97M
2022: €-2.01M
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€2.86M-€2.83M▼ 0.8%€2.80M▼ 1.3%€2.76M▼ 1.5%€2.71M▼ 1.6%
Operating result€-5k-€-3k▲ 29.6%€-2k▲ 42.8%€-2k▼ 15.8%€-4k▼ 53.6%
Net result€-25k-€-24k▲ 5.8%€-38k▼ 58.7%€-41k▼ 8.0%€-45k▼ 11.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2023 against €2k in 2022; the loss grows.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €4.79M
Fixed assets
€4.79M =
Current assets
€3k ▲ 156%
Equity and liabilities €4.79M
Equity
€2.71M ▼ 1.6%
Debt
€2.08M ▲ 2.3%
Debt's share of the balance-sheet total rises from 42.5% to 43.4%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.01▲
2022 · 0.00
Debt to equity
0.77▲
2022 · 0.74
ROE
-1.7%▼
2022 · -1.5%
ROA
-0.9%▼
2022 · -0.8%
Debt ≤ 1 year
€328k▼
2022 · €2.01M
Debt > 1 year
€1.72M
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 · 2023 against 2022 · 33 lines
Balance sheet
Code20222023
Assets
Total assets20/58€4.79M€4.79M=
Fixed assets21/28€4.79M€4.79M=
Financial fixed assets28€4.79M€4.79M=
Current assets29/58€1k€3k▲
Cash at bank and in hand54/58€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€4.79M€4.79M=
Equity10/15€2.76M€2.71M▼
Contributions10/11€750k€750k=
Reserves13€2.21M€1.96M▼
Non-distributable reserves130/1€75k€75k=
Reserves not available under the articles1311€75k€75k=
Distributable reserves133€2.13M€1.89M▼
Profit (loss) carried forward14€-202k€0▲
Amounts payable17/49€2.04M€2.08M▲
Amounts payable after more than one year17-€1.72M
Other amounts payable178/9-€1.72M
Amounts payable within one year42/48€2.01M€328k▼
Current portion of amounts payable after more than one year42€507k€327k▼
Trade debts44€1k€968▼
Suppliers440/4€1k€968▼
Other amounts payable47/48€1.51M€0▼
Accrued charges and deferred income492/3€21k€33k▲
Income statement
Code20222023
Other operating charges640/8€1k€1k▲
Gross operating margin9900€-1k€-2k▼
Operating profit (loss)9901€-2k€-4k▼
Financial charges65/66B€38k€42k▲
Recurring financial charges65€38k€42k▲
Profit (loss) for the period before taxes9903€-41k€-45k▼
Profit (loss) for the period9904€-41k€-45k▼
Profit (loss) for the period to be appropriated9905€-41k€-45k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-202k€-247k▼
Profit (loss) brought forward from the previous period14P€-161k€-202k▼
Transfer from equity791/2-€247k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-09
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · DUVANHOLD BV GROTE BAAN 53, 9920 LOVENDEGEM · event 02-09-2025
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-45k
Net result drops to €-45k, the lowest in the series.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 51 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Lievegem · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Grote Baan 539920 LievegemGround area
1.3 ha
Building footprint
8,082 m²
Volume, LiDAR
42,376 m³
Parcel 44452B1489/00F004, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Duvanhold
since 20152.242.395.520
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44452B1489/00F004 | Flanders | 1.3 ha | 1 · 8,082 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | BENNY GOOSSENS TOLPOORTSTRAAT 145,
9800 DEINZE |
02-09-2025 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded30-04-2015
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.