Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Duco Technology from Antwerpen, company number BE0755889326, closed financial year 2025 with a result of € -1.6 million after tax. For that financial year Duco Technology recorded a gross margin of € 3.1 million and equity of € -4.1 million. Compared with financial year 2023, the result moved from € -1.1 million to € -1.6 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 29, 2025.
€ -4.1 million
▼ € 1.2 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.6 million
▼ 50 % more loss than in 2023
Profit after tax over the fiscal year.
€ 282,241
▼ 2% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5.2 million.
People and assets in 2025
14.3
▼ 0.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 2.2 million
▲ 95% vs 2023
€ 154,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 17,174
▲ 65% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 126,907
▼ 63% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 126,227
▼ 11% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -211,466 | € -123,707 | € 552,788 | € 3,071,964 | ▲ € 2.5 million |
| Profit after taxes | € -1,167,832 | € -1,391,540 | € -1,083,459 | € -1,620,293 | ▼ € 536,834 |
| Equity | € -660,374 | € -1,812,381 | € -2,882,682 | € -4,101,117 | ▼ € 1.2 million |
| Total debts | € 2,706,375 | € 3,787,339 | € 4,705,600 | € 6,193,206 | ▲ 32% |
| Cash | € 783,695 | € 414,826 | € 288,907 | € 282,241 | ▼ 2% |
| Retained profit | € -1,072,922 | € -2,464,462 | € -3,547,921 | € -5,168,214 | ▼ € 1.6 million |
| Bank debt | € 0 | € 496,480 | € 3,320,619 | € 0 | ▼ 100% |
| Balance sheet total | € 2,046,001 | € 1,974,958 | € 1,822,917 | € 2,092,089 | ▲ 15% |
| Employees (FTE) | 6.7 | - | 14.7 | 14.3 | ▼ 0.4 |
Key figures of Duco Technology, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to Duco Technology?
What happened at Duco Technology in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.6 million. Source: NBB ↗
- Danielle Elizabeth Price became a director. NBB
- Michael Chin became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.2 million loss in 2021 to € 1.6 million loss in 2025.
Paid € 5,216 in corporate taxes since 2021.
On average € 214,800 of value added per employee in 2025.
A new publication or filing at Duco Technology? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Duco Technology are Danielle Elizabeth Price and Michael Chin. The shares are held by Duco Technology Poland sp. z o.o. (100%).
Directors
According to the 2025 annual accounts
Danielle Elizabeth Price
Director
since 2024
Michael Chin
Director
since 2024
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Olijftakstraat 7-13
2060 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
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€ 163,850 gross margin · 2025
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+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
metamaze.eu
Registrar
EuroDNS S.A.
Website info
Features
Security
Network
Details
- Company number
- 0755.889.326
- VAT number
- BE 0755.889.326
- Registered office
- Olijftakstraat 7-13, 2060 Antwerpen
- Names & denominations
- Duco Technology
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 October 2020
- Peppol
- Active · Active since 24 Jul 2026
- Contact
- metamaze.eu [email protected]
- Activities · NACE
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