Active BE 0766.816.672Private limited company

DÜZGÜN HOLDING

Rue Paul Hulin(CO) 49 ·6180 Courcelles, Belgium· 5 yrs active

Sector: Activiteiten van holdings (64210)

Conclusion Checked

DÜZGÜN HOLDING is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €206k and a net result of €88k. Equity is growing by ~59.6% per year across the filed fiscal years. Its solvency ranks better than 27% of 3146 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€206k
Net result	€88k
Better than sector	27%
Active	5 yrs

Financial profile 4 of 5 axes measured · computed by Checked

73 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.

Health -

Profitability 100

Solvency 21

Growth 78

Stability 94

Bankruptcy probability (12 mo) Checked model v1 · free

This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2021, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

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

Model not applicable to financial institutions

The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.

Financial overview4 NBB filings

Annual accounts filed on 28-06-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~59.6%/year over 4 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 64, Financial services · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	22.7%	52.5%	better than 27% of 3146 sector peers
Net result	€88k	€32k	better than 79% of 3142 sector peers
Equity	€206k	€75k	better than 77% of 3147 sector peers
Gross operating margin	€84k	€52k	better than 67% of 3139 sector peers
Total assets	€907k	€192k	better than 87% of 3148 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Net profit

€88k

+150.2% 21-24

Total assets

€907k

+0.7% 21-24

Equity

€206k

+74.5% 21-24

Income taxes

€19k

+97.9% 21-24

Debt

€701k

-10.4% 21-24

Debt ≤ 1y

€236k

+3.5% 21-24

Debt > 1y

€465k

-16.2% 21-24

Solvency

22.7%

+73.3% 21-24

Show 2 other metrics

ROE

42.7%

+43.4% 21-24

ROA

9.7%

+148.5% 21-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	n/a
EBITDA	n/a
Net profit	€88k
Cash flow	n/a
Staff costs	-
Income taxes	€19k
Dividends	-
Total assets	€907k
Equity	€206k
Debt	€701k
of which ≤ 1y	€236k
of which > 1y	€465k
Working capital	n/a
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	n/a
Quick ratio	n/a
Working capital ratio	n/a
Solvency	22.7%
Debt / equity	n/a
Long-term debt ratio	n/a
Interest coverage	n/a
Gross margin	n/a
Net margin	n/a
ROA	9.7%
ROE	42.7%
EBITDA margin	n/a
Days sales outstanding	n/a
Days payable outstanding	n/a
Inventory turnover	n/a
Days inventory (DSI)	n/a

Balance-sheet composition 2024

Assets

Fixed assets €870k · 95.9% Current assets €37k · 4.1%

Equity & liabilities

Equity €206k · 22.7% Debt €701k · 77.3%

Full annual accounts (25 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€907k
Fixed assets	21/28	€870k
Formation expenses	20	€584
Tangible fixed assets	22/27	€2k
Financial fixed assets	28	€868k
Current assets	29/58	€37k
Amounts receivable within one year	40/41	€37k
Cash & bank	54/58	€5
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€907k
Equity	10/15	€206k
Contributions / capital	10/11	€5k
Reserves	13	€36k
Accumulated profits (losses)	14	€165k
Amounts payable	17/49	€701k
Amounts payable after one year	17	€465k
Amounts payable within one year	42/48	€236k
Trade debts payable within one year	44	€549
Income statement
Gross operating margin	9900	€84k
Operating result	9901	€82k
Financial income	75	€36k
Financial charges	65	€11k
Result before taxes	9903	€107k
Income taxes	67/77	€19k
Net result for the period	9904	€88k
Result to be appropriated	9905	€88k

This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates 2 directors

Current directors & mandates

Duzgun Ali
Director
State Gazette act 23032010 (06-03-2023)

Current
06-03-2023 → present
Duzgun Mehmet
Director
State Gazette act 23032010 (06-03-2023)

Current
06-03-2023 → present

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.

Legal Structure

NACE primary	Activiteiten van holdings(64210)
Legal form	Private limited company(610)
Incorporation	16-04-2021
Status	Active
Postal code	6180

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
52015C0518/00A002	Wallonia	934 m²	1 · 128 m²	-

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 5 events

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

2025

28-06-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

2024

06-08-2024

NBB filing Annual accounts filed

fiscal year 2023 · micro

2023

27-07-2023

NBB filing Annual accounts filed

fiscal year 2022 · micro

06-03-2023

State Gazette act Capital & shares

2022

02-12-2022

NBB filing Annual accounts filed

fiscal year 2021 · micro

Belgian State Gazette reading coverage 0 of 2 acts read

We know of 2 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

Capital history · 1

06-03-2023

Capital change

All acts · 1 updated 3 years ago

2023

06-03-2023 Transaction in capital or shares Capital & shares

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Holdings64200Activiteiten van holdings64210

Primary activity highlighted.

Names & trade names

Legal nameFR

DÜZGÜN HOLDING

Registered office

Rue Paul Hulin(CO) 49

6180 Courcelles, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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