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DURABLE TECHNOLOGIES GROUP

Active
Private limited companyfounded 201115 yrs activeRomeinsebaan 56, 1785 Merchtem, BelgiumKBO/BCE: BE 0837.061.104

DURABLE TECHNOLOGIES GROUP has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €290k and a net result of €17k. Equity is growing by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 20% of 37971 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
31 / 100
Weak▼ -13 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability29▼-9
Solvency13▲+2
Growth52=
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days only on tighter terms
Liquidity short (current ratio 0.03 against 0.03 in 2023), and 80.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 15 years 0 20 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 37971 sector peers (2024).
NBB · sector comparison
Position among 37971 sector peers
Solvency
better than 20%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
36 d early
2023
35 d early
2022
on the day
2021
33 d early
2020
37 d early
2019
31 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€290k▲ 6.1%
2023 · €274k
2018: €172k 2019: €198k 2020: €224k 2021: €244k 2022: €253k 2023: €274k
2018 → 2024
Total assets
€1.51M▼ 6.3%
2023 · €1.61M
2018: €2.19M 2019: €2.02M 2020: €1.92M 2021: €1.83M 2022: €1.74M 2023: €1.61M
2018 → 2024
Net result
€17k▼ 18.9%
2023 · €21k
2018: €50k 2019: €25k 2020: €26k 2021: €21k 2022: €9k 2023: €21k
2018 → 2024
Working capital
€-898k▼ 0.1%
2023 · €-897k
2018: €-99k 2019: €-151k 2020: €-146k 2021: €-143k 2022: €-875k 2023: €-897k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€224k-€244k▲ 9.2%€253k▲ 3.6%€274k▲ 8.2%€290k▲ 6.1%
Operating result€63k-€55k▼ 13.4%€58k▲ 6.3%€81k▲ 39.2%€83k▲ 2.0%
Net result€26k-€21k▼ 20.4%€9k▼ 57.6%€21k▲ 136%€17k▼ 18.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75kOperating result 2020: €63k€63kNet result 2020: €26k€26kOperating result 2021: €55k€55kNet result 2021: €21k€21kOperating result 2022: €58k€58kNet result 2022: €9k€9kOperating result 2023: €81k€81kNet result 2023: €21k€21kOperating result 2024: €83k€83kNet result 2024: €17k€17k20202021202220232024
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 2% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.51M
Fixed assets €1.48M▼ 6.1%
Current assets €25k▼ 17.7%
Equity and liabilities €1.51M
Equity €290k▲ 6.1%
Debt €1.22M▼ 8.9%
The debt ratio falls from 83.0% to 80.7%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€179k
2023 · €177k
Cash flow
€113k
2023 · €117k
Solvency
19.3%
2023 · 17.0%
Current ratio
0.03
2023 · 0.03
Quick ratio
0.03
2023 · 0.03
Debt / equity
4.19
2023 · 4.88
ROE
5.8%
2023 · 7.5%
ROA
1.1%
2023 · 1.3%
Interest coverage
2.68
2023 · 3.04
Debt
€1.22M
2023 · €1.33M
Debt ≤ 1 year
€923k
2023 · €927k
Debt > 1 year
€293k
2023 · €406k
Income taxes
€6k
2023 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€1.61M€1.51M
Fixed assets21/28€1.58M€1.48M
Tangible fixed assets22/27€1.58M€1.48M
Land and buildings22€1.58M€1.48M
Current assets29/58€30k€25k
Amounts receivable within one year40/41€2k€25k
Trade receivables40€2k€25k
Cash at bank and in hand54/58€9k-
Deferred charges and accrued income490/1€20k-
Equity and liabilities
Total equity and liabilities10/49€1.61M€1.51M
Equity10/15€274k€290k
Contributions10/11€20k€20k=
Reserves13€206k€206k=
Distributable reserves133€206k€206k=
Profit (loss) carried forward14€48k€65k
Amounts payable17/49€1.33M€1.22M
Amounts payable after more than one year17€406k€293k
Financial debts170/4€406k€293k
Amounts payable within one year42/48€927k€923k
Current portion of amounts payable after more than one year42€113k€113k=
Financial debts43€690k€466k
Credit institutions430/8€690k€466k
Trade debts44€4k€135
Suppliers440/4€4k€135
Taxes, remuneration and social security45€2k€2k
Taxes450/3€2k€2k
Other amounts payable47/48€118k€341k
Accrued charges and deferred income492/3€1k€669
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€96k€96k=
Other operating charges640/8€23k€23k
Gross operating margin9900€200k€202k
Operating profit (loss)9901€81k€83k
Financial income75/76B€5k€6k
Recurring financial income75€5k€6k
Financial charges65/66B€58k€67k
Recurring financial charges65€58k€67k
Profit (loss) for the period before taxes9903€28k€22k
Income taxes67/77€7k€6k
Profit (loss) for the period9904€21k€17k
Profit (loss) for the period to be appropriated9905€21k€17k
Appropriation of the result
Profit (loss) to be appropriated9906€48k€65k
Profit (loss) brought forward from the previous period14P€27k€48k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
25-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
26-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Weakest financial yearnet €9k ▼57.6%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
28-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
24-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Equity above €200kEq €224k ▲13.1%
3 profitable years in a row build equity to €224k.
31-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
25-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
18-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
28-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Merchtem · 1 establishment unit since 2011
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Romeinsebaan 561785 Merchtem
Ground area
5,850 m²
Building footprint
140 m²
Volume, LiDAR
829 m³
Parcel 23012G0436/00L000, Flanders · tallest building 24.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DURABLE TECHNOLOGIES GROUP
Romeinsebaan 56, 1785 MerchtemFinancial service activities, except insurance and pension funding
since 20112.201.124.196
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23012G0436/00L000 Flanders 5,850 m² 1 · 140 m² 24.7 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

549300XOOVZAG1ZLG344
live in the LEI register

Similar companies · same sector, comparable size

Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 38,207 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded17-06-2011
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
73200Market research and public opinion polling
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.