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Duraco

Active
Private limited companyfounded 201610 yrs activeKeiberg 66, 9521 Sint-Lievens-Houtem, BelgiumKBO/BCE: BE 0651.788.332
Summary

The computed 12-month bankruptcy probability of Duraco is 3.5% (moderate). The 2025 annual accounts show negative equity (€-772) and a net result of €-6k. Equity is growing by ~44.7% per year across the filed fiscal years. Its solvency ranks better than 18% of 480 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-89
Solvency19▼-55
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
3.5% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.8 against 1.37 in 2024; short-term debt: 106.2% and cash: 73.2% of total assets), and equity is negative.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 53
Relative position
BE, all sectors
reference
Postal and courier activities (NACE 53)
about 277% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-6.2%
Return on assets
-46.4%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity 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 filings
Deviation from the deadline
2025
79 d early
2024
72 d early
2023
79 d early
2022
82 d early
2021
86 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 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 2025, micro schema

Equity
€-772
2024 · €5k
2021: €-1klowest in 5 years 2022: €2k▲ +316% vs 2021 2023: €3k▲ +36.5% vs 2022 2024: €5k▲ +50.7% vs 2023highest in 5 years 2025: €-772▼ -115% vs 2024
2021 → 2025
Total assets
€13k▲ 21.8%
2024 · €10k
2021: €4klowest in 5 years 2022: €8k▲ +88.6% vs 2021 2023: €9k▲ +6.1% vs 2022 2024: €10k▲ +17.9% vs 2023 2025: €13k▲ +21.8% vs 2024highest in 5 years
2021 → 2025
Net result
€-6k
2024 · €2k
2021: €-2k 2022: €4k▲ +246% vs 2021highest in 5 years 2023: €896▼ -75.0% vs 2022 2024: €2k▲ +89.5% vs 2023 2025: €-6k▼ -443% vs 2024lowest in 5 years
2021 → 2025
Working capital
€-3k
2024 · €2k
2021: €-3klowest in 5 years 2022: €797▲ +126% vs 2021 2023: €1k▲ +72.2% vs 2022 2024: €2k▲ +41.0% vs 2023highest in 5 years 2025: €-3k▼ -236% vs 2024
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€-1k-€2k€3k▲ 36.5%€5k▲ 50.7%€-772 2021: €-1klowest in 5 years 2022: €2k▲ +316% vs 2021 2023: €3k▲ +36.5% vs 2022 2024: €5k▲ +50.7% vs 2023highest in 5 years 2025: €-772▼ -115% vs 2024
Operating result€-2k-€4k€2k▼ 60.7%€3k▲ 64.0%€-6k 2021: €-2k 2022: €4k▲ +289% vs 2021highest in 5 years 2023: €2k▼ -60.7% vs 2022 2024: €3k▲ +64.0% vs 2023 2025: €-6k▼ -314% vs 2024lowest in 5 years
Net result€-2k-€4k€896▼ 75.0%€2k▲ 89.5%€-6k 2021: €-2k 2022: €4k▲ +246% vs 2021highest in 5 years 2023: €896▼ -75.0% vs 2022 2024: €2k▲ +89.5% vs 2023 2025: €-6k▼ -443% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-8k€-5k€-3k€0€3k€5kOperating result 2021: €-2k€-2kNet result 2021: €-2k€-2kOperating result 2022: €4k€4kNet result 2022: €4k€4kOperating result 2023: €2k€2kNet result 2023: €896€896Operating result 2024: €3k€3kNet result 2024: €2k€2kOperating result 2025: €-6k€-6kNet result 2025: €-6k€-6k20212022202320242025€-7.5k€-5k€-2.5k€0€2.5kOperating result 2023: €2k€1.6kNet result 2023: €896€896Operating result 2024: €3k€2.6kNet result 2024: €2k€1.7kOperating result 2025: €-6k€-5.7kNet result 2025: €-6k€-5.8k202320242025
The operating result turns negative in 2025: a loss of €6k after €3k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13k
Fixed assets €2k ▼ 40.3%
Current assets €11k ▲ 48.6%
Key figures and ratios
2025 value · change against 2024
EBITDA
€-4k▼
2024 · €4k
Cash flow
€-5k▼
2024 · €3k
Solvency
-6.2%▼
2024 · 49.0%
Current ratio
0.80▼
2024 · 1.37
ROA
-46.4%▼
2024 · 16.5%
Interest coverage
-28.72▼
2024 · 26.26
Debt
€13k▲
2024 · €5k
Debt ≤ 1 year
€13k▲
2024 · €5k
Income taxes
€0▼
2024 · €812
Equity ratios withheld: equity of €-772 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€10k€13k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23€1k€965▼
Furniture and vehicles24€2k€893▼
Current assets29/58€7k€11k▲
Amounts receivable within one year40/41€843€2k▲
Trade receivables40€726€1k▲
Other amounts receivable41€117€450▲
Cash at bank and in hand54/58€6k€9k▲
Equity and liabilities
Total equity and liabilities10/49€10k€13k▲
Equity10/15€5k€-772▼
Contributions10/11€1k€1k=
Reserves13€4k€4k=
Distributable reserves133€4k€4k=
Profit (loss) carried forward14-€-6k
Amounts payable17/49€5k€13k▲
Amounts payable within one year42/48€5k€13k▲
Trade debts44€217€475▲
Suppliers440/4€217€475▲
Taxes, remuneration and social security45€258€361▲
Taxes450/3€258€361▲
Other amounts payable47/48€5k€12k▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Other operating charges640/8€528€544▲
Gross operating margin9900€4k€-4k▼
Operating profit (loss)9901€3k€-6k▼
Financial income75/76B€0€8▲
Recurring financial income75€0€8▲
Financial charges65/66B€139€154▲
Recurring financial charges65€139€154▲
Profit (loss) for the period before taxes9903€3k€-6k▼
Income taxes67/77€812€0▼
Profit (loss) for the period9904€2k€-6k▼
Profit (loss) for the period to be appropriated9905€2k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€-6k▼
Transfer to equity691/2€2k€0▼
To other reserves6921€2k€0▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€348€517€620€1k€1k▲ 25.1%
Other operating charges640/8€6k€393€516€528€544▲ 3.0%
Gross operating margin9900€4k€5k€3k€4k€-4k▼ 193%
Operating profit (loss)9901€-2k€4k€2k€3k€-6k▼ 314%
Financial income75/76B€0-€0€0€8-
Recurring financial income75€0-€0€0€8-
Financial charges65/66B€284€147€139€139€154▲ 10.7%
Recurring financial charges65€284€147€139€139€154▲ 10.7%
Profit (loss) for the period before taxes9903€-2k€4k€1k€3k€-6k▼ 332%
Income taxes67/77€1€369€580€812€0▼ 100%
Profit (loss) for the period9904€-2k€4k€896€2k€-6k▼ 443%
Profit (loss) for the period to be appropriated9905€-2k€4k€896€2k€-6k▼ 443%
Line20212022202320242025Change
Assets
Total assets20/58€4k€8k€9k€10k€13k▲ 21.8%
Fixed assets21/28€2k€2k€2k€3k€2k▼ 40.3%
Tangible fixed assets22/27€2k€2k€2k€3k€2k▼ 40.3%
Plant, machinery and equipment23-€195€109€1k€965▼ 22.2%
Furniture and vehicles24€2k€1k€2k€2k€893▼ 52.3%
Current assets29/58€2k€7k€7k€7k€11k▲ 48.6%
Amounts receivable within one year40/41€1k€726€729€843€2k▲ 78.3%
Trade receivables40€894€726€0€726€1k▲ 45.0%
Other amounts receivable41€299-€729€117€450▲ 285%
Cash at bank and in hand54/58€36€5k€6k€6k€9k▲ 44.7%
Deferred charges and accrued income490/1€1k€1k€0---
Equity and liabilities
Total equity and liabilities10/49€4k€8k€9k€10k€13k▲ 21.8%
Equity10/15€-1k€2k€3k€5k€-772▼ 115%
Contributions10/11€1k€1k€1k€1k€1k=
Reserves13€321€1k€2k€4k€4k=
Distributable reserves133€321€1k€2k€4k€4k=
Profit (loss) carried forward14€-2k---€-6k-
Amounts payable17/49€6k€6k€5k€5k€13k▲ 153%
Amounts payable within one year42/48€6k€6k€5k€5k€13k▲ 153%
Trade debts44--€112€217€475▲ 119%
Suppliers440/4--€112€217€475▲ 119%
Taxes, remuneration and social security45€37€508€193€258€361▲ 40.2%
Taxes450/3€37€508€193€258€361▲ 40.2%
Other amounts payable47/48€5k€5k€5k€5k€12k▲ 161%
Line20212022202320242025Change
Profit (loss) for the period9904€-2k€4k€896€2k€-6k▼ 443%
+ Depreciation and write-downs630€348€517€620€1k€1k▲ 25.1%
Operating cash flow (approximation)€-2k€4k€2k€3k€-5k▼ 269%
Investment in fixed assets (approximation)-€-260€-941€-2k€0▲ 100%
Change in cash-€5k€1k€319€3k▲ 790%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
13-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series.
20-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
13-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
10-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €4k
Net result €4k after one loss-making year.
31-12
Financial Liquidity triplescurrent ratio 1.14
Current ratio from 0.45 to 1.14.
06-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
6 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, Sint-Lievens-Houtem · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
2,369 m²
Building footprint
195 m²
Volume, LiDAR
882 m³
Parcel 41036B0117/00E002, Flanders · tallest building 8.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
QUINA TIM
Keiberg 66, 9521 Sint-Lievens-HoutemPostal and courier activities
since 20162.255.417.373
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41036B0117/00E002 Flanders 2,369 m² 1 · 195 m² 8.1 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 2,730 EUR awarded · 2,730 EUR paid
Year Entries awardedpaid
2025 1 2,730 EUR2,730 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 2,730 EUR · 2,730 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 4,906 companies in sector 53200 we hold annual accounts for 1,322. 690 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded05-04-2016
Fiscal year end31-12
Activities, NACEBEL 2025
53200Other postal and courier activities
68110Buying and selling of own real estate

Scores and ratios are computed by Checked and are not a credit decision.