Equity
-€772
Debts exceed assets in financial year 2025.
Duraco
Lifetime
5 annual accounts with figures on one time axispeak €5,017 (2022)
-€3,876▼ €8,056
lowest -€5,820 (2025)
-€5,820▼ €7,518
peak €5,048 (2024)
-€772▼ €5,820
€13,318▲ 153%
Board2 names since 2021
2 directorsDe Brucker Els and 1 other
Documentsfilings and deeds
13-05-202679 days before the deadline
2025micro format
Gross margin from €4,180 to -€3,876Loss of €5,820Equity from €5,048 to -€772Debts from €5,256 to €13,318Cash from €6,348 to €9,185
Key points
from the 2025 annual accountsDebts
€13,318 106% of the balance sheet
Suppliers 4%Taxes and wages 3%Other 94%
Liquidity
0.80 was 1.37 in 2024
Short-term debts rose from €5,256 to €13,318.
Turnover not published (micro format)
Checked score
54
Fair
Financially stronger than 23% of micro companies in postal and courier (NACE 53)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 2.6% across 916 companies (NACE 53, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.9%
01-2025: 0.9%● unchanged vs 12-2024
02-2025: 0.9%● unchanged vs 01-2025
03-2025: 0.9%● unchanged vs 02-2025
04-2025: 1.0%▲ +0.1 percentage points vs 03-2025
05-2025: 1.1%▲ +0.1 percentage points vs 04-2025
06-2025: 0.7%▼ -0.4 percentage points vs 05-2025
07-2025: 0.7%● unchanged vs 06-2025
08-2025: 0.7%● unchanged vs 07-2025
09-2025: 0.7%● unchanged vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.4%▼ -0.3 percentage points vs 01-2026lowest value
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 1.4%▲ +1.0 percentage point vs 05-2026highest value
07-2026: 1.4%● unchanged vs 06-2026highest value
08-2026: 1.4%● unchanged vs 07-2026highest value
09-2026: 1.4%● unchanged vs 08-2026highest value
10-2026: 1.3%▼ -0.1 percentage points vs 09-2026
11-2026: 1.3%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Sector: Postal and courier activities (NACE 53)
Negative equity -€772
Loss of €5,820 (financial year 2025)
lowers risk
Size: total assets €12,546
Calculation
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 53, micro). It does better than 17% of them on solvency, 61% on liquidity, 9% on profitability and 7% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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).
Comparable companies, two years later
In July 2024, 6,907 companies had the same profile as Duraco has now. Each dot stands for 18 companies, two years later.
85.4%
were still trading
8.1%
stopped another way
5.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Duraco itself: 1.3% within 12 months.
Test of the method
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 6,907 companies, not a prediction for Duraco. 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.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.8 (1.37 in 2024), below 1. Short-term debt is 106.2% and cash 73.2% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year -€772
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-05-2026, 79 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
79 days early
2024
72 days early
2023
79 days early
2022
82 days early
2021
86 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 80 days before the deadline. In the sector (NACE 53), the median for financial year 2024 was 13 days after the deadline, and 56% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 May (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0651788332
Registered office moved from Sint-Lievens-Esse to Letterhoutem
New registered office: Keiberg 66 te 9521 Letterhoutem · Previous registered office: Kauwstraat 9 te 9550 Sint-Lievens-Esse · General meeting of 12-12-2023 · Gazette deed
Company renamed from QUINA TIM to Duraco
Resignations: Quina Tim (director) and De Brucker Els (director) · Reappointments: Quina Tim (director) and De Brucker Els (director) · “De verhuur van allerlei transportmiddelen al dan niet met chauffeur en dit voor alle doeleinden; Het uitbaten…” (deed in Dutch) · General meeting of 17-11-2021 · Gazette deed
Registered office moved within Herzele
New registered office: Kauwstraat 9-9550 Herzele · Previous registered office: Hoogstraat 152, 9550 Herzele · “verhuur van allerlei transportmiddelen al dan niet met chauffeur en dit voor alle doeleinden;uitbaten van een…” (deed in Dutch) · General meeting of 01-07-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Duraco Sint-Lievens-Houtem | €12,546 | -€3,876 | -6.2% | - |
| UNITED SERVICE Sint-Genesius-Rode | €14,527 | -€12,861 | 27.3% | - |
| RAVEX Maaseik | €7,890 | -€9,236 | -901.7% | - |
| S.L.R. EXPRESS Ixelles | €20,324 | -€2,181 | 82.4% | - |
| AGCK TRANSPORT Awans | €22,429 | -€7,054 | 63.1% | - |
| MAIL SERVICES Ath | €10,075 | €0 | 72.1% | - |
| DILICOB Evere | €7,820 | €1,729 | -27.7% | - |
These companies have the same main activity as Duraco: other postal and courier activities (NACE 53200). They are comparable in size and age: total assets between €7,820 and €22,400, founded between 2009 and 2017.
Official details
Source: KBO- Status
- Active since 05-04-2016Normal situation
- Activity
- Other postal and courier activitiesNACE 53200and 1 other
- Establishment unit
- 2.255.417.3739521 Sint-Lievens-Houtem, since 11-04-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 20-09-2025
Annual accounts 2025
- €12,546▲ 21.8%
- Filing
- Filed on 13-05-2026, 79 days before the end of the filing period
Insights on Duraco
Duraco files the micro format. That format states no turnover. The gross margin fell from €4,075 in 2021 to -€3,876 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Duraco
- What is the company number of Duraco?
- The company number of Duraco is 0651.788.332. The VAT number is the same number with BE in front: BE 0651.788.332.
- Where is Duraco based?
- The registered office is at Keiberg 66, 9521 Sint-Lievens-Houtem.Company details
- What does Duraco do?
- According to the KBO register, the main activity is other postal and courier activities (NACE 53200).
- What is the legal form of Duraco?
- Duraco is a private limited company (BV).
- When was Duraco founded?
- Duraco was founded on 05-04-2016.
- Is Duraco still active?
- Yes, Duraco is an active enterprise in the KBO register.
- What is the turnover of Duraco?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is Duraco profitable?
- In financial year 2025, Duraco made a loss of €5,820.
- Where can I find the annual accounts of Duraco?
- Duraco filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Duraco due?
- Duraco must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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