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DUALCO

Active
Private limited company·Handelsbemiddeling in de niet-gespecialiseerde groothandel· 5 yrs active
Putmanstraat 67 ·8790 Waregem, Belgium
KBO/BCE: BE 0763.753.551
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Full dossier in preparation

Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age5 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of DUALCO is 1.6% (moderate). The 2024 annual accounts show equity of €24k and a net result of €76k. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 41% of 3378 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.

Signals

1 signal · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 15 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 4 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 30-06-2025 31 d early 2025-00199942
31-12-2023 31-07-2024 22-08-2024 22 d late 2024-00363953
31-12-2022 31-07-2023 29-08-2023 29 d late 2023-00407263
31-12-2021 31-07-2022 29-07-2022 2 d early 2022-20247655

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

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 Flags

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.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
1.6% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€76k+65.2%
Working capital€626-98.9%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 30-06-2025 with the NBB · fiscal year 2024 · micro
€0€25k€50k€75k€100kOperating result 2021: €25k€25kNet result 2021: €17k€17kOperating result 2022: €2k€2kNet result 2022: €443€443Operating result 2023: €60k€60kNet result 2023: €46k€46kOperating result 2024: €97k€97kNet result 2024: €76k€76k2021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable Equity: stable across 4 fiscal years (±1.4%/year).
€20k€40k€60k2025: €25k (€23k - €26k)2026: €25k (€23k - €27k)2027: €25k (€23k - €27k)2021: €23k2022: €24k2023: €70k2024: €24k2021202220232024202520262027
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 46, Wholesale trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 15.9% 25.2%
better than 41% of 3378 sector peers
Net result €76k €4k
better than 91% of 3365 sector peers
Equity €24k €23k
better than 51% of 3385 sector peers
Gross operating margin €112k €19k
better than 86% of 3351 sector peers
Total assets €150k €105k
better than 60% of 3383 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P41
2021: P51 · n=15712022: P52 · n=24132023: P73 · n=30212024: P41 · n=33782021 2024
Stable position over 2021-2024 · n=1571-3378
Net result P91
2021: P69 · n=15732022: P41 · n=24142023: P86 · n=30112024: P91 · n=33652021 2024
Improving position over 2021-2024 · n=1573-3365
Equity P51
2021: P51 · n=15782022: P52 · n=24202023: P75 · n=30322024: P51 · n=33852021 2024
Stable position over 2021-2024 · n=1578-3385
Gross operating margin P86
2021: P61 · n=15692022: P45 · n=24062023: P78 · n=30012024: P86 · n=33512021 2024
Improving position over 2021-2024 · n=1569-3351
Describes the position versus peers, not a forecast.
EBITDA
€110k
+58.8% 21-24
Net profit
€76k
+65.2% 21-24
Cash flow
€89k
+59.2% 21-24
Total assets
€150k
+19.6% 21-24
Equity
€24k
-65.9% 21-24
Working capital
€626
-98.9% 21-24
Income taxes
€19k
+62.9% 21-24
Dividends
€123k
- 21-24
Debt
€126k
+127.4% 21-24
Debt ≤ 1y
€124k
+184.7% 21-24
Debt > 1y
€2k
-80.9% 21-24
Current ratio
1.01
-57.5% 21-24
Quick ratio
0.99
-57.8% 21-24
Solvency
15.9%
-71.5% 21-24
Debt / equity
5.29
+566.9% 21-24
ROE
320.9%
+384.7% 21-24
ROA
51.0%
+38.1% 21-24
Interest coverage
78.27
+51.8% 21-24
Figures by fiscal year
Fiscal year2024
Depositmicro
Revenue-
EBITDA€110k
Net profit€76k
Cash flow€89k
Staff costs-
Income taxes€19k
Dividends€123k
Total assets€150k
Equity€24k
Debt€126k
of which ≤ 1y€124k
of which > 1y€2k
Working capital€626
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.01
Quick ratio0.99
Working capital ratio0.4%
Solvency15.9%
Debt / equity5.29
Long-term debt ratio0.10
Interest coverage78.27
Gross margin-
Net margin-
ROA51.0%
ROE320.9%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€150k
Fixed assets 21/28€25k
Tangible fixed assets 22/27€25k
Current assets 29/58€124k
Stocks & contracts in progress 3€2k
Amounts receivable within one year 40/41€37k
Cash & bank 54/58€84k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€150k
Equity 10/15€24k
Contributions / capital 10/11€6k
Reserves 13€18k
Accumulated profits (losses) 14€218
Amounts payable 17/49€126k
Amounts payable after one year 17€2k
Amounts payable within one year 42/48€124k
Trade debts payable within one year 44€3k
Income statement
Gross operating margin 9900€112k
Operating result 9901€97k
Financial charges 65€1k
Result before taxes 9903€96k
Income taxes 67/77€19k
Net result for the period 9904€76k
Result to be appropriated 9905€76k
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.

Health barometer

FY 2024 · computed
68 / 100 Healthy
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap

Establishment units

1 location
DUALCO
Putmanstraat 67, 8790 WaregemHandelsbemiddeling in de groothandel in andere specifieke goederen
since 20212.313.505.032
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area280 m²
Buildings1
Building footprint89 m²
Volume (LiDAR)573 m³
Tallest building10.9 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34040C0240/00R004 Flanders 280 m² 1 · 89 m² 10.9 m · 2 fl.
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.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health68Profitability100Solvency22Growth78Stability94
72 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 68
Profitability 100
Solvency 22
Growth 78
Stability 94

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Handelsbemiddeling in goederen, algemeen assortiment46190Handelsbemiddeling in de niet-gespecialiseerde groothandel46190Handelsbemiddeling gespecialiseerd in andere goederen46180Handelsbemiddeling in de groothandel in andere specifieke goederen46180Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Adviesbureaus op het gebied van public relations en communicatie70210Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Activiteiten van adviesbureaus op het gebied van public relations en communicatie73300
Primary activity highlighted.
Names & trade names
Legal nameNL DUALCO
Registered office
Putmanstraat 67
8790 Waregem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.