Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DUO-GEST from Liège, company number BE0823013524, closed financial year 2025 with a result of € 50,584 after tax. For that financial year DUO-GEST recorded a gross margin of € 72,351 and equity of € 2.3 million. Compared with financial year 2024, the result moved from € 30,545 to € 50,584. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 2.3 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 50,584
▲ 66% vs 2024
Profit after tax over the fiscal year.
€ 2,392
▼ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.1 million.
Debts at end 2025
€ 240,428
▼ 20% vs 2024
€ 62,366 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 3,454
▼ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,901
▼ 51% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 65,785 | € 48,318 | € 55,858 | € 72,351 | ▲ 30% |
| Profit after taxes | € 37,660 | € -44,738 | € 30,545 | € 50,584 | ▲ 66% |
| Equity | € 2,235,125 | € 2,190,387 | € 2,220,932 | € 2,271,516 | ▲ 2% |
| Total debts | € 1,205,786 | € 1,149,578 | € 1,082,570 | € 1,011,532 | ▼ 7% |
| Cash | € 4,055 | € 550 | € 3,174 | € 2,392 | ▼ 25% |
| Land & buildings | € 247,427 | € 165,998 | € 154,081 | € 142,165 | ▼ 8% |
| Retained profit | € 2,035,125 | € 1,990,387 | € 2,020,932 | € 2,071,516 | ▲ 3% |
| Bank debt | € 421,089 | € 361,923 | € 301,709 | € 240,428 | ▼ 20% |
| Balance sheet total | € 3,440,911 | € 3,339,965 | € 3,303,502 | € 3,283,048 | ▼ 1% |
Key figures of DUO-GEST, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to DUO-GEST?
What happened at DUO-GEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 50,584 (▲ 66% vs 2024). Source: NBB ↗
- David Bonjean became a director. NBB
- New establishment in Chaudfontaine. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,660 profit in 2022 to € 50,584 profit in 2025.
Paid € 503 in corporate taxes since 2022.
Best year ever: 2025, with € 50,584 profit.
Management
Behind DUO-GEST is David Bonjean. It owns 100% of ADC Invest itself.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Chaussée de Tongres 269/9
4000 Liège
Rue du Hogné 5
4053 Chaudfontaine
Active since 9 February 2010
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0823.013.524
- VAT number
- BE 0823.013.524
- Registered office
- Chaussée de Tongres 269/9, 4000 Liège
- Names & denominations
- DUO-GEST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 February 2010
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
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