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CURANA

Active
Private limited companyfounded 1977active for 48 yearsSteenovenstraat 11, 8850 Ardooie, BelgiumKBO/BCE: BE 0417.773.654
Summary

CURANA has been active since 1977 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.4m and a net result of €945,151. Equity is growing by about 27% per year across the filed financial years. Its solvency ranks better than 85% of 43 sector peers (NACE 30, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Manufacture of other transport equipment
NACE 30920
2nd largest company by equity in West Flanders, Other transport equipment sector1 site
Size
€8.6mtotal assets 2025
Staff
19.3 FTE
Equity
€7.4m
Profit
€945,151
Turnover not published (abbreviated format)
Financial health
97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
CURANA INVEST · 100%
Accounts 80 days early2 of 9 deeds read
Why 97raises riskLiquidity: current ratio 3.41, cash €241,512, halvedlowers riskFounded in 1977Profit of €945,151 (financial year 2025)Equity €7.4m (85.6% of total assets)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 82% of its sector peers (NACE 30)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 85.6% of total assets
Liquidity 52-47
short-term debt 12.3% · cash 2.8%
Profitability 82-3
return on assets 10.9%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (17 companies, NACE 30, small)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: 0.1%▲ +0.1 percentage points vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026highest value
Credit of up to €700,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.41, compared with 7.07 in 2024; short-term debt: 12.3% and cash: 2.8% of total assets), and 14.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 30): better than 92% on solvency, 79% on liquidity, 92% on profitability and 63% on growth.

The bankruptcy probability was computed on 12-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1977
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Profit of €945,151 (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 3.41, cash €241,512, halved
NBB · annual accounts
lowers risk · Equity €7.4m (85.6% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-11-2025, 80 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
80 days early
2024
4 days early
2023
5 days early
2022
7 days early
2021
4 days early
2020
46 days early
2019
4 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 21 days before the deadline; the sector median (NACE 30) for financial year 2024 is 16 days before the deadline, and 30% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 26 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end12-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. RestructuringMerger · Share issue ·…
  2. RestructuringMerger · Shareholding · Share…
  3. Annual accounts filedfinancial year 2025 · abbreviated…

Key points

  • Positive: Among the best 5% on net resultsector median €7,977 · 42 companies €945,151 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by CURANA INVESTultimately: Gimv 100% View
  • Merger with CURANA INVESTmerger on 28-01-2026 2026 View
  • Positive: 7 profitable years in a rowprofit 2025: €945,151 7 years View
  • Active since 1977founded 29-12-1977 48 years View

By topic

Financials

Financial year
2025
Total assets
€8.6m
Profit
€945,151
Solvency
85.6%
Total assets▲ 11.6%
Net result
20192025
Go to Financials

Timeline

Events
52
Since
1979
Next accounts
by 31-01-2027
  1. 27-01-2025Annual accounts filed
  2. 26-01-2024Annual accounts filed
  3. 30-06-2023Equity above €5m
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of other transport equipmentNACE 30920
Founded
29-12-1977
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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