DUZGUN
ActiveDUZGUN has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €43k and a net result of €30k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 95% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
92
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+13
Solvency100▲+30
Growth85=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 44.6 against 1.8 in 2023; short-term debt: 2.2% and cash: 63.1% of total assets), and 2.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €43k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-09-2025, 35 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d late
2023
55 d late
2022
87 d late
2021
88 d late
2020
66 d late
2019
53 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€108k▲ 11.5%
2023 · €97k
2018: €33k
2019: €39k
2020: €40k
2021: €62k
2022: €66k
2023: €97k
2018 → 2024
EBIT margin
27.9%▲ 21.7pp
2023 · 6.1%
2018: 3.6%
2019: 3.3%
2020: -1.3%
2021: 1.0%
2022: -7.0%
2023: 6.1%
2018 → 2024
Net result
€30k▲ 412%
2023 · €6k
2018: €-2k
2019: €1k
2020: €-746
2021: €182
2022: €-5k
2023: €6k
2018 → 2024
Working capital
€43k▲ 225%
2023 · €13k
2018: €12k
2019: €13k
2020: €12k
2021: €12k
2022: €7k
2023: €13k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€40k-€62k▲ 56.8%€66k▲ 6.2%€97k▲ 46.6%€108k▲ 11.5%
Equity€12k-€12k▲ 1.5%€7k▼ 39.4%€13k▲ 78.8%€43k▲ 225%
Operating result€-523-€630€-5k€6k€30k▲ 408%
Net result€-746-€182€-5k€6k€30k▲ 412%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 408% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €44k
Equity
€43k▲ 225%
Debt
€993▼ 94.0%
The debt ratio falls from 55.4% to 2.2%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
97.8%▲
2023 · 44.6%
Current ratio
44.60▲
2023 · 1.80
Quick ratio
29.21▲
2023 · 0.48
Debt / equity
0.02▼
2023 · 1.24
ROE
69.3%▲
2023 · 44.1%
ROA
67.7%▲
2023 · 19.6%
Debt
€993▼
2023 · €17k
Debt ≤ 1 year
€993▼
2023 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€30k€44k▲
Current assets29/58€30k€44k▲
Stocks and contracts in progress3€22k€15k▼
Stocks30/36€22k€15k▼
Amounts receivable within one year40/41€1k€1k▼
Other amounts receivable41€1k€1k▼
Cash at bank and in hand54/58€7k€28k▲
Equity and liabilities
Total equity and liabilities10/49€30k€44k▲
Equity10/15€13k€43k▲
Contributions10/11€13k€13k=
Capital10€13k€13k=
Issued capital100€19k€19k=
Uncalled capital101€6k€6k=
Reserves13€222€222=
Non-distributable reserves130/1€222€222=
Legal reserve130€222€222=
Profit (loss) carried forward14€585€31k▲
Amounts payable17/49€17k€993▼
Amounts payable within one year42/48€17k€993▼
Taxes, remuneration and social security45€2k€810▼
Taxes450/3€2k€810▼
Other amounts payable47/48€14k€184▼
Income statement
Code20232024
Turnover70€97k€108k▲
Goods, raw materials, services and sundry goods60/61€81k€78k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€10k-
Other operating charges640/8€260€491▲
Gross operating margin9900€16k€31k▲
Operating profit (loss)9901€6k€30k▲
Financial charges65/66B€57€94▲
Recurring financial charges65€57€94▲
Profit (loss) for the period before taxes9903€6k€30k▲
Profit (loss) for the period9904€6k€30k▲
Profit (loss) for the period to be appropriated9905€6k€30k▲
Appropriation of the result
Profit (loss) to be appropriated9906€585€31k▲
Profit (loss) brought forward from the previous period14P€-5k€585▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 35 days late
2024
31-12
Financial
Highest result since 2018net €30k ▲412%
Operating result €30k, net result €30k, both a record.
31-12
Financial
Liquidity times 25current ratio 44.60
Current ratio from 1.80 to 44.60; short-term debt falls from €17k to €993.
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
2023
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
26-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 87 days late
2022
31-12
Financial
Weakest financial yearnet €-5k ▼2757%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 88 days late
2021
31-12
Financial
Back to profitnet €182
Net result €182 after one loss-making year.
05-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 66 days late
2020
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 15.69
Current ratio from 4.69 to 15.69; short-term debt falls from €3k to €875.
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 12 days late
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 60 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, La Louvière · 1 establishment unit since 2004
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.
Rue Louis de Brouckère(L.L) 1057100 La LouvièreGround area
122 m²
Building footprint
50 m²
Volume, LiDAR
541 m³
Parcel 55372D0055/00S003, Wallonia · tallest building 12.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
DUZGUN
since 20042.142.365.160
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55372D0055/00S003 | Wallonia | 122 m² | 1 · 50 m² | 12.1 m · 4 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLa Louvière2.142.365.160
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Of 10,525 companies in sector 47110 we hold annual accounts for 5,860. 4,597 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded07-10-2004
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
52112
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesPhone:+32485540935
Phone:0472/263511