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DUVOLUTION

Active
Private limited companyfounded 199234 yrs activeBlueslaan(KEM) 14, 9190 Stekene, BelgiumKBO/BCE: BE 0446.577.112
Summary

The computed 12-month bankruptcy probability of DUVOLUTION is 2.0% (moderate). The 2025 annual accounts show negative equity (€-5k) and a net result of €-9k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 4603 sector peers (fiscal year 2025). The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
31 / 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0▼-88
Growth32=
Track record100
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies more bankruptcies →
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 2025
Age of the figures
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 34 years 0 40 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €-5k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
1 d early
2023
14 d late
2022
4 d early
2021
1 d early
2020
9 d early
2019
on the day
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€-5k
2024 · €4k
2018: €7k 2019: €20k 2020: €19k 2021: €-4k 2022: €-17k 2023: €13k 2024: €4k
2018 → 2025
Total assets
€2k▼ 73.7%
2024 · €6k
2018: €89k 2019: €49k 2020: €38k 2021: €8k 2022: €9k 2023: €38k 2024: €6k
2018 → 2025
Net result
€-9k▼ 3.9%
2024 · €-9k
2018: €-6k 2019: €13k 2020: €-1k 2021: €-23k 2022: €-12k 2023: €29k 2024: €-9k
2018 → 2025
Working capital
€-6k
2024 · €3k
2018: €-22k 2019: €6k 2020: €15k 2021: €-4k 2022: €-17k 2023: €13k 2024: €3k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€-4k-€-17k▼ 275%€13k€4k▼ 69.9%€-5k
Operating result€-23k-€-12k▲ 49.0%€30k€-8k€-9k▼ 3.4%
Net result€-23k-€-12k▲ 47.7%€29k€-9k€-9k▼ 3.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20kOperating result 2021: €-23k€-23kNet result 2021: €-23k€-23kOperating result 2022: €-12k€-12kNet result 2022: €-12k€-12kOperating result 2023: €30k€30kNet result 2023: €29k€29kOperating result 2024: €-8k€-8kNet result 2024: €-9k€-9kOperating result 2025: €-9k€-9kNet result 2025: €-9k€-9k20212022202320242025€-10k€0€10k€20k€30kOperating result 2023: €30k€30kNet result 2023: €29k€29kOperating result 2024: €-8k€-8.5kNet result 2024: €-9k€-8.9kOperating result 2025: €-9k€-8.8kNet result 2025: €-9k€-9.3k202320242025
The operating result stays negative: a loss of €9k in 2025 against €8k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2k
Fixed assets €297 ▼ 43.4%
Current assets €1k ▼ 76.6%
Key figures and ratios
2025 value · change against 2024
EBITDA
€-9k
2024 · €-8k
Cash flow
€-9k
2024 · €-9k
Interest coverage
-26.00
2024 · -29.82
Debt
€7k
2024 · €2k
Debt ≤ 1 year
€7k
2024 · €2k
Income taxes
€158
2024 · €147
Ratios withheld: a balance sheet total of €2k 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 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€6k€2k
Fixed assets21/28€526€297
Tangible fixed assets22/27€526€297
Furniture and vehicles24€526€297
Current assets29/58€6k€1k
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€4k€322
Trade receivables40€2k€0
Other amounts receivable41€2k€322
Cash at bank and in hand54/58€1k€969
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€6k€2k
Equity10/15€4k€-5k
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-16k€-26k
Amounts payable17/49€2k€7k
Amounts payable within one year42/48€2k€7k
Financial debts43-€104
Other loans439-€104
Trade debts44-€3k
Suppliers440/4-€3k
Taxes, remuneration and social security45€2k€2k
Taxes450/3€2k€2k
Other amounts payable47/48€710€3k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€159€228
Other operating charges640/8€1k€3k
Non-recurring operating charges66A€63€63
Gross operating margin9900€-7k€-5k
Operating profit (loss)9901€-8k€-9k
Financial charges65/66B€279€329
Recurring financial charges65€279€329
Profit (loss) for the period before taxes9903€-9k€-9k
Income taxes67/77€147€158
Profit (loss) for the period9904€-9k€-9k
Profit (loss) for the period to be appropriated9905€-9k€-9k
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-26k
Profit (loss) brought forward from the previous period14P€-8k€-16k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
29-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
29-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
14-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
30-09
Financial Back to profitnet €29k
Net result €29k after 3 loss-making years.
30-09
Financial Liquidity quadruplescurrent ratio 1.50
Current ratio from 0.35 to 1.50.
26-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
29-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
21-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial Back to profitnet €13k
Net result €13k after one loss-making year.
02-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
13-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
03-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial 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, Stekene · 1 establishment unit since 1992
establishment The establishment unit on the map
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.

Blueslaan(KEM) 149190 Stekene
Ground area
2,111 m²
Building footprint
355 m²
Volume, LiDAR
1,085 m³
2 parcels, Flanders · tallest building 9.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DUVOLUTION
Loeverstraat(SGW) 12, 9170 Sint-Gillis-WaasNACE 7414201
since 19922.056.319.628
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46020C0711/00H000 Flanders 1,825 m² 1 · 267 m² 9.2 m · 1 fl.
46011A1676/00P005 Flanders 286 m² 1 · 88 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 2,332 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded07-02-1992
Fiscal year end30-09
Activities, NACEBEL 2025
49410Freight transport by road
47789Other retail sale of new goods
82100Office administrative and support services
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
Phone:03 770 80 08
Establishment Sint-Gillis-Waas 2.056.319.628
Fax:03 770 53 87
Establishment Sint-Gillis-Waas 2.056.319.628