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DURACOAT

Active
Public limited companyfounded 1968active for 57 yearsFotografielaan 44-46, 2610 Antwerpen, BelgiumKBO/BCE: BE 0406.419.607
Summary

The computed 12-month bankruptcy probability of DURACOAT is 2.5% (moderate). The 2025 annual accounts show equity of €178,660 and a net result of €80,604. Equity is shrinking by about 23% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 9% of 816 sector peers (NACE 25, financial year 2025). The company has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Machining of metals
NACE 25530Coating of metals NACE 25510
1 site
Size
€2.0mturnover 2025
Staff
14.3 FTE
Equity
€178,660
Profit
€80,604
Financial health
51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.5%
Structure
Parent
EXOCET · 100%
Accounts 17 days early1 of 13 deeds read
Why 51raises riskEquity €178,660 (8.7% of total assets)Liquidity: current ratio 0.29, cash €8,6271 change of registered office in 24 monthsSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 30% of its sector peers (NACE 25, small)
Financial strength · tick = 2024
Weak
Solvency 34-1
equity 8.7% of total assets
Liquidity 2-8
short-term debt 87.4% · cash 0.4%
Profitability 72-2
return on assets 3.9%
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (747 companies, NACE 25, small)
Last 24 months 11-2024: 4.0% 12-2024: 4.0%● unchanged vs 11-2024 01-2025: 4.0%● unchanged vs 12-2024 02-2025: 4.0%● unchanged vs 01-2025 03-2025: 4.0%● unchanged vs 02-2025 04-2025: 4.0%● unchanged vs 03-2025 05-2025: 4.0%● unchanged vs 04-2025 06-2025: 4.0%● unchanged vs 05-2025 07-2025: 4.2%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 1.8%▼ -2.4 percentage points vs 07-2025lowest value 09-2025: 1.8%● unchanged vs 08-2025lowest value 10-2025: 1.8%● unchanged vs 09-2025lowest value 11-2025: 1.8%● unchanged vs 10-2025lowest value 12-2025: 1.8%● unchanged vs 11-2025lowest value 01-2026: 1.8%● unchanged vs 12-2025lowest value 02-2026: 3.1%▲ +1.3 percentage points vs 01-2026 03-2026: 3.0%▼ -0.1 percentage points vs 02-2026 04-2026: 3.1%▲ +0.1 percentage points vs 03-2026 05-2026: 3.7%▲ +0.6 percentage points vs 04-2026 06-2026: 3.6%▼ -0.1 percentage points vs 05-2026 07-2026: 3.7%▲ +0.1 percentage points vs 06-2026 08-2026: 2.5%▼ -1.2 percentage points vs 07-2026 09-2026: 2.5%● unchanged vs 08-2026 10-2026: 2.5%● unchanged vs 09-2026
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.29, compared with 0.68 in 2024; short-term debt: 87.4% and cash: 0.4% of total assets), and 91.3% 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 25, small): better than 7% on solvency, 1% on liquidity, 52% on profitability and 59% on growth.

The bankruptcy probability was computed on 11-10-2026 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

Seven signals.
lowers riskraises riskneutral
raises risk · Equity €178,660 (8.7% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.29, cash €8,627
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 816 sector peers (2025).
NBB · sector comparison
Position among 816 sector peers
Solvency
better than 9%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €178,660
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 days early
2024
15 days early
2023
28 days early
2022
71 days late
2021
59 days early
2020
26 days early
2019
52 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 18 days before the deadline; the sector median (NACE 25) for financial year 2024 is 7 days before the deadline, and 35% 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 14 July (4 of the last 5 filed years within 42 days of that day).
Companies Code · seven months
Where today falls in the filing period
12-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Permanent representative: Emmanuel HensRegistered-office move
  3. Equity above €150,000equity €178,660 ▲82.2%

Key points

  • Caution: Among the weakest 9% on solvencysector median 45.9% · 816 companies 8.7% View
  • Positive: Equity rose in 2025from €98,056 to €178,660 ▲ 82.2% View
  • Controlled by EXOCET 100% View
  • Active since 1968founded 19-12-1968 57 years View

By topic

Financials

Financial year
2025
Turnover
€2.0m
Profit
€80,604
Solvency
8.7%
Turnover▼ 12.7%
Net result
20182025
Go to Financials

Timeline

Events
55
Since
1978
Next accounts
by 31-07-2027
  1. 16-07-2025Annual accounts filed
  2. 31-12-2024Back to profit
  3. 03-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Machining of metalsNACE 25530
Founded
19-12-1968
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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