Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
From profit to loss in 2025, after a profit of €3,910 in 2024.
Of this, €803,512 falls due within a year.
Lower solvency than 95% of companies in specialised construction. Sector median 44.0% · 9,967 companies.
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 43, micro). It does better than 3% of them on solvency, 10% on liquidity, 4% on profitability and 0% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 490 companies had the same profile as Durable Services has now. Each dot is one company, two years later.
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Durable Services itself: 6.1% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 490 companies, not a prediction for Durable Services. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.75 (1.04 in 2024), below 1. Short-term debt is 133.1% and cash 14% of total assets. Equity is negative.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 2 accounts on average 90 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Durable Services Berchem-Sainte-Agathe | €603,761 | -€190,785 | -33.1% | - |
| GREEN POWER FUTURE Kontich | €533,655 | -€121,475 | 14.5% | - |
| Wens Projects Retie | €444,640 | -€18,797 | -6.0% | - |
| Stessens Energy Systems Houthalen-Helchteren | €520,837 | -€21,834 | 52.2% | - |
| NEOPOWER Wavre | €476,261 | -€42,754 | 31.0% | - |
| Némézis Zaventem | €859,726 | -€4,056 | -24.7% | - |
| WANIT Uccle | €530,566 | -€19,119 | 77.1% | - |
These companies have the same main activity as Durable Services: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €445,000 and €860,000, founded between 2019 and 2023.
The computed 12-month bankruptcy probability of Durable Services is 6.1% (elevated). The 2025 annual accounts show negative equity (-€199,804) and a net result of -€223,715.
Its solvency ranks better than 5% of 9,967 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Lower than 95% of 9,967 companies in 2025.
Higher than 11% of 9,830 companies in 2025.
Lower than 95% of 9,899 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Staff costs divided by the average number of full-time equivalents.
In 2025, nobody joined and 1 person left.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
603,761 | 660,791 | |
29/58 |
603,761 | 660,791 | |
40/41 |
518,024 | 626,265 | |
40 |
510,729 | 600,718 | |
41 |
7,295 | 25,546 | |
54/58 |
84,708 | 33,498 | |
490/1 |
1,029 | 1,029 | |
| Balance sheet: equity and liabilities | |||
10/49 |
603,761 | 660,791 | |
10/15 |
-199,804 | 23,910 | |
10/11 |
20,000 | 20,000 | |
14 |
-219,804 | 3,910 | |
17/49 |
803,565 | 636,881 | |
42/48 |
803,512 | 636,881 | |
44 |
542,142 | 481,370 | |
440/4 |
542,142 | 481,370 | |
46 |
707 | - | |
45 |
- | 5,511 | |
450/3 |
- | 1,303 | |
454/9 |
- | 4,207 | |
47/48 |
260,663 | 150,000 | |
492/3 |
53 | - | |
| Income statement | |||
9900 |
-190,785 | 29,636 | |
62 |
9,228 | 24,141 | |
631/4 |
16,939 | - | |
9901 |
-216,952 | 5,495 | |
75/76B |
0 | - | |
75 |
0 | - | |
65/66B |
6,763 | 281 | |
65 |
6,763 | 281 | |
9903 |
-223,715 | 5,214 | |
67/77 |
- | 1,303 | |
9904 |
-223,715 | 3,910 | |
9905 |
-223,715 | 3,910 | |
| Appropriation of the result | |||
9906 |
-219,804 | 3,910 | |
14P |
3,910 | - | |
| Social balance sheet | |||
9087 |
- | 0.4 | |
Hours worked1013 |
67 | 633 | |
| Document | |||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 16-07-2026.
2025 annual accounts filed 166 days after the deadline. Filed on 16 July 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00300434.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 51,210 | - | ||
| -199,751 | 23,910 | ||
| -33.1% | 3.6% | ||
| 0.75 | 1.04 | ||
| - | 26.64 | ||
| - | 16.4% | ||
| -37.1% | 0.6% |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-06-2025 | 30-06-2024 |
|---|---|---|
| Employees at the balance-sheet date | - | 1 |
| full-time | - | 1 |
| in full-time equivalents | - | 1 |
| - | 0.4 | |
| On a permanent contract | - | 1 |
| Joined | 0 | 1 |
| Left | 1 | 0 |
Source: social balance sheet in the 2024 to 2025 annual accounts
The operating result for 2025 is a loss of €216,952, after a profit of €5,495 in 2024.
Equity is negative. Debt (€803,565) exceeds the balance-sheet total (€603,761).
Further up the chainHasco 80.41%
Source: shareholder structure in its own accounts, parent in its own accounts
Source: list of holdings in the 30-06-2025 accounts of Green and Durable Group. Holdings that file themselves stand with their latest accounts, the others with the amounts of that list, in their own currency.
Part of the group Hasco Group, risk and exposure| FEET ON GROUND
registered office since 17-07-2013 · founded in 2013 |
total assets €3.5m (2026) 0536.398.122 |
| REZUNI
registered office since 01-10-2006 · founded in 2006 · accounts filed late |
total assets €3.0m (2025) 0883.466.003 |
| Mar Max
registered office since 21-10-2008 · founded in 2008 |
total assets €2.3m (2025) 0807.260.031 |
| V&K GROUP
registered office since 22-04-2022 · founded in 2022 · accounts filed late |
total assets €1.9m (2025) 0785.298.439 |
| EIGHT INVESTMENTS
registered office since 17-04-1992 · founded in 1992 · accounts filed late |
total assets €1.8m (2022) 0446.966.496 |
| ARCO LOGISTICS
registered office since 22-02-2010 · founded in 2010 |
16 FTE (2025) 0823.302.742 |
| LINSTAVER
registered office since 22-07-1993 · founded in 1993 · accounts filed late |
total assets €1.6m (2021) 0450.582.618 |
| CAGIOVA
registered office since 10-03-2016 · founded in 2016 |
total assets €1.5m (2025) 0649.809.235 |
| SDB Logistics
registered office since 19-01-2015 · founded in 2015 |
13 FTE (2023) 0568.820.074 |
| Lifecycle Telehealth
registered office since 21-12-2005 · founded in 2005 |
total assets €1.3m (2025) 0878.090.520 |
| ISO FULL via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 21-11-2023 founded in 2015 · group Hasco · accounts filed late |
27 FTE (2025) |
| APS Invest via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 19-10-2023 founded in 2023 · negative equity (2025) · group Hasco · accounts filed late |
total assets €2.6m (2025) |
| RPPRT via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 11-08-2022 founded in 2015 · negative equity (2026) |
total assets €460 (2026) |
| COMFORT ENERGY via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 11-06-2019 founded in 1996 · group Hasco |
turnover €572.1m (2025) |
| Grid Parity Concepts Europe via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 19-05-2021 founded in 2005 · group Hasco |
14 FTE (2025) |
| Climagroup Holding via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 15-06-2020 founded in 2020 · group Hasco |
5.4 FTE (2025) |
| T.V.B. via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 12-11-2020 founded in 2006 |
170 FTE (2025) |
| CLIMAGROUP via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 02-07-2020 founded in 1988 · group Hasco |
189 FTE (2025) |
| Encon via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 28-01-2025 founded in 2002 |
74 FTE (2025) |
| T.V.V. via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 12-11-2020 founded in 2007 |
130 FTE (2025) |
| VERBOVEN via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 01-08-2019 founded in 1981 · group Hasco |
total assets €6.5m (2025) |
| R.N.D. via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 05-06-2019 founded in 1994 · group Hasco |
total assets €5.9m (2025) |
| Baumar via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 23-07-2019 founded in 1995 · group Hasco |
total assets €3.5m (2025) |
| One-stop via AMBO, at Durable Services, last mentioned in 2023 · Director (not named in the articles) · deed of 08-07-2024 founded in 1990 |
14 FTE (2025) |
| The Energy Group via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 28-01-2025 founded in 2013 |
total assets €3.2m (2025) |
| All-in Tank Service via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 14-06-2019 founded in 2006 · group Hasco |
17 FTE (2025) |
| Gemini Administration via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 09-11-2020 founded in 2011 |
17 FTE (2025) |
| Sun Calor via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 20-04-2022 founded in 1970 · group Hasco |
8.1 FTE (2025) |
| Inesco via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 28-01-2025 founded in 2011 |
total assets €939,002 (2025) |
| 2bbuilt via AMBO, at Durable Services, last mentioned in 2023 · Director (not named in the articles) · deed of 10-09-2020 founded in 2020 |
total assets €890,303 (2025) |
| Petrolihm via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 08-05-2020 founded in 1966 · group Hasco |
total assets €756,998 (2025) |
| Infinity Building via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 28-01-2025 founded in 2009 |
total assets €319,779 (2025) |
| Orion Transport Noord via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 09-11-2020 founded in 2011 |
1 FTE (2025) |
| Truck & Trailer Immo via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 20-12-2024 |
founded in 2024 |
| CALPAM BELGIUM via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 27-05-2021 No longer active |
30 FTE (2022) |
| ADS INVEST via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 29-09-2022 No longer active · group Hasco |
total assets €22.2m (2025) |
| Mazout.be via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 31-05-2021 No longer active |
32 FTE (2022) |
| Cooltech via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 22-05-2020 No longer active |
34 FTE (2024) |
| BORCALOR via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 20-08-2020 No longer active |
23 FTE (2024) |
| Pure-Air via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 05-06-2019 No longer active |
22 FTE (2024) |
| ROB*AIR via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 23-07-2019 No longer active |
24 FTE (2024) |
| ENTREPRISE BRIATTE SEBASTIEN via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 20-09-2023 No longer active · group Hasco |
9 FTE (2024) |
| IMBM INVEST via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 19-05-2021 No longer active |
total assets €2.1m (2022) |
| Hasco Solar Invest via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 05-06-2020 No longer active · founded in 2019 · group Hasco |
total assets €1.1m (2025) |
| VANACKER-COENE via AMBO, at Durable Services, last mentioned in 2023 · Director · deed of 07-01-2020 No longer active |
total assets €670,720 (2024) |
Deadline for the 2026 accounts: 31-01-2027
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Durable Services was incorporated on 3 April 2023 as a private limited company by GREEN AND DURABLE GROUP and one natural person, with a starting capital of €20,000.12 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
| Establishment | Since | Unit number |
|---|---|---|
| Groot-Bijgaardenstraat 14 registered office 1082 Berchem-Sainte-Agathe | 03-04-2023 | 2.346.190.072 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21342B0043/00F003 | 290 m² | 1 · 293 m² | 10.6 m · 2 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0800.340.862
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