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 1 of the last 2 fiscal years.
-
Two loss years in a row NBB
Negative result in 2021 and 2022.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
DUO-EXPRESS from Kortrijk, company number BE0827681303, closed financial year 2022 with a result of € -172,668 after tax. For that financial year DUO-EXPRESS recorded a gross margin of € 329,629 and equity of € -107,209. Compared with financial year 2021, the result moved from € -9,655 to € -172,668. 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 September 20, 2023.
€ -107,209
▼ € 172,668 vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -172,668
▼ 1688 % more loss than in 2021
Profit after tax over the fiscal year.
€ 42,445
▼ 17% vs 2021
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -115,879.
People and assets in 2022
14.7
▲ 0.8 vs 2021
Average over the fiscal year, from the social balance sheet.
€ 467,842
▲ 5% vs 2021
€ 31,800 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.
€ 89,893
▼ 16% vs 2021
Of which on lease € 51,999.
Debts at end 2022
€ 67,670
▼ 47% vs 2021
€ 27,147 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 171,858
▲ € 167,757 vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 126,990
▼ 8% vs 2021
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € 520,589 | € 329,629 | ▼ 37% |
| Profit after taxes | € -9,655 | € -172,668 | ▼ € 163,013 |
| Equity | € 65,459 | € -107,209 | ▼ € 172,668 |
| Total debts | € 318,728 | € 846,583 | ▲ 166% |
| Cash | € 50,874 | € 42,445 | ▼ 17% |
| Retained profit | € 56,789 | € -115,879 | ▼ € 172,668 |
| Bank debt | € 127,224 | € 67,670 | ▼ 47% |
| Balance sheet total | € 384,187 | € 739,374 | ▲ 92% |
| Employees (FTE) | 13.9 | 14.7 | ▲ 0.8 |
Key figures of DUO-EXPRESS, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to DUO-EXPRESS?
What happened at DUO-EXPRESS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
DUO-EXPRESS is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2022: loss of € 172,668. filed late Source: NBB ↗
- ISMAIL YILMAZ became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,655 loss in 2021 to € 172,668 loss in 2022.
On average € 22,400 of value added per employee in 2022.
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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
Directors
According to the 2022 annual accounts
ISMAIL YILMAZ
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Spinnerijstraat(Kor) 107
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →KANAAL 127
€ 67,146 gross margin · 2025
KARWEIBEDRIJF
CLARUS
€ 851,810 gross margin · 2025
Twins Garage
Starterslabo West-Vlaanderen
€ 425,547 gross margin · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0827.681.303
- VAT number
- BE 0827.681.303
- Registered office
- Spinnerijstraat(Kor) 107, 8500 Kortrijk
- Names & denominations
- DUO-EXPRESS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 9 July 2010
- Peppol
- Active · Active since 2 Jan 2026
- Activities · NACE
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