DUAL
ActiveSummary
DUAL has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €97k and a net result of €6k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 53% of 8692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability47▼-31
Solvency81▲+25
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.57 against 1.2 in 2024; short-term debt: 44.2% and cash: 2.2% of total assets), and 44.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
55.8%
Return on assets
3.2%
Age of the figures
15 mo
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 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €97k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
3 d early
2023
2 d late
2022
98 d early
2021
49 d early
2020
74 d early
2019
92 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€97k▲ 6.1%
2024 · €91k
2019: €87k
2020: €77k
2021: €98k
2022: €93k
2023: €66k
2024: €91k
2019 → 2025
Total assets
€173k▼ 40.9%
2024 · €293k
2019: €118k
2020: €122k
2021: €142k
2022: €126k
2023: €167k
2024: €293k
2019 → 2025
Net result
€6k▼ 77.9%
2024 · €25k
2019: €-4k
2020: €-10k
2021: €21k
2022: €-5k
2023: €-27k
2024: €25k
2019 → 2025
Working capital
€43k▲ 9.4%
2024 · €40k
2019: €31k
2020: €23k
2021: €46k
2022: €41k
2023: €15k
2024: €40k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€98k-€93k▼ 5.2%€66k▼ 29.3%€91k▲ 38.4%€97k▲ 6.1%
Operating result€32k-€-797€-22k▼ 2,707%€31k€13k▼ 57.8%
Net result€21k-€-5k€-27k▼ 435%€25k€6k▼ 77.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 58% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €173k
Fixed assets
€53k ▲ 2.8%
Current assets
€120k ▼ 50.3%
Equity and liabilities €173k
Equity
€97k ▲ 6.1%
Debt
€77k ▼ 62.1%
Debt's share of the balance-sheet total falls from 68.9% to 44.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€13k▼
2024 · €31k
Cash flow
€6k▼
2024 · €25k
Current ratio
1.57▲
2024 · 1.20
Debt to equity
0.79▼
2024 · 2.22
ROE
5.8%▼
2024 · 27.8%
ROA
3.2%▼
2024 · 8.6%
Interest coverage
2.87▼
2024 · 5.76
Debt ≤ 1 year
€77k▼
2024 · €202k
Income taxes
€3k▲
2024 · €660
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€293k€173k▼
Fixed assets21/28€52k€53k▲
Tangible fixed assets22/27-€1k
Furniture and vehicles24-€1k
Financial fixed assets28€52k€52k=
Current assets29/58€241k€120k▼
Amounts receivable within one year40/41€240k€111k▼
Trade receivables40€190k€61k▼
Other amounts receivable41€50k€50k=
Cash at bank and in hand54/58-€4k
Deferred charges and accrued income490/1€1k€5k▲
Equity and liabilities
Total equity and liabilities10/49€293k€173k▼
Equity10/15€91k€97k▲
Contributions10/11€60k€60k=
Reserves13€2k€37k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133-€34k
Profit (loss) carried forward14€29k€0▼
Amounts payable17/49€202k€77k▼
Amounts payable within one year42/48€202k€77k▼
Financial debts43€1k€0▼
Credit institutions430/8€1k€0▼
Trade debts44€27k€26k▼
Suppliers440/4€27k€26k▼
Taxes, remuneration and social security45€16k€26k▲
Taxes450/3€16k€26k▲
Other amounts payable47/48€157k€25k▼
Accrued charges and deferred income492/3€388€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0€23▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€35k€17k▼
Operating profit (loss)9901€31k€13k▼
Financial income75/76B€0€401▲
Recurring financial income75€0€401▲
Financial charges65/66B€5k€5k▼
Recurring financial charges65€5k€5k▼
Profit (loss) for the period before taxes9903€26k€9k▼
Income taxes67/77€660€3k▲
Profit (loss) for the period9904€25k€6k▼
Profit (loss) for the period to be appropriated9905€25k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€29k€34k▲
Profit (loss) brought forward from the previous period14P€3k€29k▲
Transfer from equity791/2€0-
Transfer to equity691/2-€34k
To other reserves6921-€34k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Back to profitnet €25k
Net result €25k after 2 loss-making years.
02-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 2 days late
2023
30-06
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
2022
25-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
13-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Back to profitnet €21k
Net result €21k after 2 loss-making years.
2020
18-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
20-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
17-10
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.
0 of 2 acts read
About the unread acts
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.
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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, Kortrijk · 1 establishment unit since 2015
Ground area
1,663 m²
Building footprint
203 m²
Volume, LiDAR
1,064 m³
Parcel 34016C0771/00V004, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Albrecht Rodenbachlaan(Heu) 65, 8501 Kortrijk
since 20152.239.787.705
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34016C0771/00V004 | Flanders | 1,663 m² | 1 · 203 m² | 9.4 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.
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Headvice
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,556 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 (pre-2019)
Founded12-02-2015
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.