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DUVY

Active
Private limited companyfounded 20224 yrs activeKerkstraat 38, 8650 Houthulst, BelgiumKBO/BCE: BE 0787.886.359
Summary

The computed 12-month bankruptcy probability of DUVY is 2.6% (moderate). The 2025 annual accounts show equity of €92,622 and a net result of €31,668. Equity is growing by ~43.8% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability96▼-2
Solvency93▲+2
Growth52=
Track record94
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days only on tighter terms
Liquidity ample (current ratio 3.26 against 3.26 in 2024; short-term debt: 30.7% and cash: 0% of total assets), and 31.5% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
68.5%
Return on assets
23.4%
Age of the figures
15 mo
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-09-2026, 241 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filings
Deviation from the deadline
2025
241 d late
2024
453 d late
2023
512 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 402 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 28 April (3 of the last 3 filed years within 212 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close01-10-2026 today31-01-2027 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

History

DUVY was incorporated on 30 June 2022 as a Private limited company.1 Total assets rose from EUR 54,413 in 2023 to EUR 135,302 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€92,622▲ 52.0%
2024 · €60,954
Total assets
€135,302▲ 45.8%
2024 · €92,806
Net result
€31,668▲ 46.0%
2024 · €21,687
Working capital
€93,831▲ 45.8%
2024 · €64,365
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result€48,281-€29,152▼ 39.6%€39,534▲ 35.6%
Net result€36,267-€21,687▼ 40.2%€31,668▲ 46.0%
Equity€39,267-€60,954▲ 55.2%€92,622▲ 52.0%
Total assets€54,413-€92,806▲ 70.6%€135,302▲ 45.8%
Debt€15,146-€31,852▲ 110%€42,680▲ 34.0%
Working capital€36,807-€64,365▲ 74.9%€93,831▲ 45.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000Operating result 2023: €48,281€48,281Net result 2023: €36,267€36,267Operating result 2024: €29,152€29,152Net result 2024: €21,687€21,687Operating result 2025: €39,534€39,534Net result 2025: €31,668€31,668202320242025€0€20,000€40,000Operating result 2023: €48,281€48,300Net result 2023: €36,267€36,300Operating result 2024: €29,152€29,200Net result 2024: €21,687€21,700Operating result 2025: €39,534€39,500Net result 2025: €31,668€31,700202320242025
The operating result recovers in 2025; 2025 is 36% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €135,302
Equity €92,622 ▲ 52.0%
Debt €42,680 ▲ 34.0%
Debt's share of the balance-sheet total falls from 34.3% to 31.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
3.26=
2024 · 3.26
Debt to equity
0.46▼
2024 · 0.52
ROE
34.2%▼
2024 · 35.6%
ROA
23.4%▲
2024 · 23.4%
Debt ≤ 1 year
€41,471▲
2024 · €28,441
Income taxes
€12,661▲
2024 · €10,234
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€92,806€135,302▲
Current assets29/58€92,806€135,302▲
Amounts receivable within one year40/41€88,550€135,257▲
Trade receivables40€2,306€5,593▲
Other amounts receivable41€86,244€129,664▲
Cash at bank and in hand54/58€4,256€45▼
Equity and liabilities
Total equity and liabilities10/49€92,806€135,302▲
Equity10/15€60,954€92,622▲
Contributions10/11€3,000€3,000=
Reserves13€57,954€89,622▲
Distributable reserves133€57,954€89,622▲
Amounts payable17/49€31,852€42,680▲
Amounts payable within one year42/48€28,441€41,471▲
Trade debts44€4,543€5,511▲
Suppliers440/4€4,543€5,511▲
Taxes, remuneration and social security45€23,898€35,960▲
Taxes450/3€23,898€35,960▲
Accrued charges and deferred income492/3€3,411€1,209▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11-
Other operating charges640/8€5,454€1,346▼
Gross operating margin9900€34,617€40,880▲
Operating profit (loss)9901€29,152€39,534▲
Financial income75/76B€3,680€6,184▲
Recurring financial income75€3,680€6,184▲
Financial charges65/66B€911€1,389▲
Recurring financial charges65€911€1,389▲
Profit (loss) for the period before taxes9903€31,921€44,329▲
Income taxes67/77€10,234€12,661▲
Profit (loss) for the period9904€21,687€31,668▲
Profit (loss) for the period to be appropriated9905€21,687€31,668▲
Appropriation of the result
Profit (loss) to be appropriated9906€21,687€31,668▲
Transfer to equity691/2€21,686€31,668▲
To other reserves6921€21,686€31,668▲

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,524€11--
Other operating charges640/8-€5,454€1,346▼ 75.3%
Gross operating margin9900€50,806€34,617€40,880▲ 18.1%
Operating profit (loss)9901€48,281€29,152€39,534▲ 35.6%
Financial income75/76B€1,063€3,680€6,184▲ 68.1%
Recurring financial income75€1,063€3,680€6,184▲ 68.1%
Financial charges65/66B€192€911€1,389▲ 52.5%
Recurring financial charges65€192€911€1,389▲ 52.5%
Profit (loss) for the period before taxes9903€49,152€31,921€44,329▲ 38.9%
Income taxes67/77€12,885€10,234€12,661▲ 23.7%
Profit (loss) for the period9904€36,267€21,687€31,668▲ 46.0%
Profit (loss) for the period to be appropriated9905€36,267€21,687€31,668▲ 46.0%
Line202320242025Change
Assets
Total assets20/58€54,413€92,806€135,302▲ 45.8%
Formation expenses20€11---
Fixed assets21/28€2,449---
Tangible fixed assets22/27€2,449---
Furniture and vehicles24€2,449---
Current assets29/58€51,952€92,806€135,302▲ 45.8%
Amounts receivable within one year40/41€49,618€88,550€135,257▲ 52.7%
Trade receivables40€7,280€2,306€5,593▲ 143%
Other amounts receivable41€42,338€86,244€129,664▲ 50.3%
Cash at bank and in hand54/58€2,334€4,256€45▼ 98.9%
Equity and liabilities
Total equity and liabilities10/49€54,413€92,806€135,302▲ 45.8%
Equity10/15€39,267€60,954€92,622▲ 52.0%
Contributions10/11€3,000€3,000€3,000=
Reserves13€36,267€57,954€89,622▲ 54.6%
Distributable reserves133€36,267€57,954€89,622▲ 54.6%
Amounts payable17/49€15,146€31,852€42,680▲ 34.0%
Amounts payable within one year42/48€15,146€28,441€41,471▲ 45.8%
Trade debts44€233€4,543€5,511▲ 21.3%
Suppliers440/4€233€4,543€5,511▲ 21.3%
Taxes, remuneration and social security45€13,913€23,898€35,960▲ 50.5%
Taxes450/3€13,913€23,898€35,960▲ 50.5%
Other amounts payable47/48€1,000---
Accrued charges and deferred income492/3-€3,411€1,209▼ 64.5%
Line202320242025Change
Profit (loss) for the period9904€36,267€21,687€31,668▲ 46.0%
+ Depreciation and write-downs630€2,524€11--
Operating cash flow (approximation)€38,792€21,698€31,668▲ 45.9%
Change in cash-€1,922-€4,211▼ 319%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
29-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 241 days late
29-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 453 days late
2025
26-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 512 days late
2024
30-06
Financial Weakest financial yearnet €21,687 ▼40.2%
Net result drops to €21,687, the lowest in the series; recovery starts the following year.
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
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Houthulst · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
414 m²
Building footprint
226 m²
Parcel 32006D0016/00G037, Flanders. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
DUVY
Kerkstraat 38, 8650 HouthulstWallpapering and laying of floor and wall coverings in other materials
since 20222.333.143.968
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
32006D0016/00G037 Flanders 414 m² 1 · 225 m² -
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.

Company details

Identification
Legal formPrivate limited company
Founded30-06-2022
Fiscal year end30-06
E-invoicing
Reachable via Peppol
Peppol ID 0208:0787886359
Also 9925:BE0787886359
Registered 22-04-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

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