DUCHENE EN CO
ActiveDUCHENE EN CO has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €145k and a net result of €168k. Equity is shrinking by ~33.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 65% of 9195 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+99
Solvency75▲+72
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 2.05 against 0.09 in 2024; short-term debt: 48.7% and cash: 2.6% of total assets), but 50.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 · 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
49.6%
Return on assets
57.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
11 d early
2023
12 d early
2022
21 d early
2021
12 d early
2020
13 d early
2019
20 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€145k
2024 · €-23k
2018: €38k
2019: €31k
2020: €24k
2021: €17k
2022: €7k
2023: €-8k
2024: €-23k
2018 → 2025
Total assets
€293k▲ 179%
2024 · €105k
2018: €165k
2019: €159k
2020: €152k
2021: €146k
2022: €135k
2023: €120k
2024: €105k
2018 → 2025
Net result
€168k
2024 · €-15k
2018: €-7k
2019: €-7k
2020: €-7k
2021: €-7k
2022: €-10k
2023: €-15k
2024: €-15k
2018 → 2025
Working capital
€150k
2024 · €-116k
2018: €-106k
2019: €-102k
2020: €-99k
2021: €-96k
2022: €-97k
2023: €-102k
2024: €-116k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€17k-€7k▼ 58.5%€-8k€-23k▼ 179%€145k
Operating result€-7k-€-10k▼ 45.2%€-15k▼ 53.2%€-14k▲ 4.7%€188k
Net result€-7k-€-10k▼ 44.5%€-15k▼ 52.4%€-15k▲ 4.7%€168k
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 returns to profit in 2025: €188k after a loss of €14k in 2024, the highest result in the available series.
Balance-sheet composition
Equity and liabilities €293k
Equity
€145k
Debt
€148k
Debt finances 50.4% of the balance-sheet total.
Key figures and ratios
Solvency
49.6%▲
2024 · -21.7%
Current ratio
2.05▲
2024 · 0.09
Quick ratio
2.05▲
2024 · 0.09
Debt / equity
1.02▲
2024 · -5.61
ROE
115.7%
ROA
57.4%▲
2024 · -13.9%
Debt
€148k▲
2024 · €128k
Debt ≤ 1 year
€143k▲
2024 · €128k
Income taxes
€15k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€105k€293k▲
Fixed assets21/28€93k-
Tangible fixed assets22/27€93k-
Land and buildings22€93k-
Current assets29/58€12k€293k▲
Amounts receivable within one year40/41-€285k
Other amounts receivable41-€285k
Cash at bank and in hand54/58€12k€8k▼
Deferred charges and accrued income490/1€194€203▲
Equity and liabilities
Total equity and liabilities10/49€105k€293k▲
Equity10/15€-23k€145k▲
Contributions10/11€104k€104k=
Capital10€104k€104k=
Issued capital100€104k€104k=
Reserves13€1k€41k▲
Non-distributable reserves130/1€1k€3k▲
Legal reserve130€1k€3k▲
Distributable reserves133-€38k
Profit (loss) carried forward14€-128k-
Amounts payable17/49€128k€148k▲
Amounts payable within one year42/48€128k€143k▲
Trade debts44€126-
Suppliers440/4€126-
Taxes, remuneration and social security45-€15k
Taxes450/3-€15k
Other amounts payable47/48€128k€128k=
Accrued charges and deferred income492/3-€5k
Income statement
Code20242025
Non-recurring operating income76A-€192k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k-
Other operating charges640/8€2k€2k▼
Gross operating margin9900€-2k€190k▲
Operating profit (loss)9901€-14k€188k▲
Financial charges65/66B€153€5k▲
Recurring financial charges65€153€153=
Non-recurring financial charges66B-€5k
Profit (loss) for the period before taxes9903€-15k€183k▲
Income taxes67/77-€15k
Profit (loss) for the period9904€-15k€168k▲
Profit (loss) for the period to be appropriated9905€-15k€168k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-128k€40k▲
Profit (loss) brought forward from the previous period14P€-113k€-128k▼
Transfer to equity691/2-€40k
To the legal reserve6920-€2k
To other reserves6921-€38k
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
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €168k
Net result €168k after 7 loss-making years.
31-12
Financial
Liquidity times 22current ratio 2.05
Current ratio from 0.09 to 2.05.
31-12
Financial
Equity above €100kEq €145k
Equity rises from €-23k to €145k.
20-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
11-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
06-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
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, Brugge · 1 establishment unit since 1992
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.
Beukenlaan 528310 BruggeGround area
1,467 m²
Building footprint
11 m²
Volume, LiDAR
164 m³
Parcel 31029B0214/00D005, Flanders · tallest building 18.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
DUCHENE & CO
since 19922.057.544.204
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31029B0214/00D005 | Flanders | 1,467 m² | 1 · 11 m² | 18.4 m · 5 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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Of 11,750 companies in sector 68310 we hold annual accounts for 6,908. 5,263 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded10-04-1992
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70311
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.