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Durama

Active
Private limited companyfounded 1978active for 48 yearsTenhovestraat 14, 8700 Tielt, BelgiumKBO/BCE: BE 0418.494.523
Summary

Durama has been active since 1978 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of €148,919. Equity is growing by about 29% per year across the filed financial years. Its solvency ranks better than 71% of 186 sector peers (NACE 22, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Manufacture of rubber and plastic products
NACE 22240Joinery installation NACE 43320
1 site
Size
€2.3mtotal assets 2025
Staff
7.1 FTE
Equity
€1.5m
Profit
€148,919
Turnover not published (abbreviated or micro format)
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Parent
DV Company · 100%
2025 accounts 1 day early1 of 6 deeds summarised
Why 96lowers riskLiquidity: current ratio 2.71, cash €825,911Founded in 1978Equity €1.5m (64.2% of total assets)Size: 7.1 FTE, total assets €2.3mShow the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 72% of its sector peers (NACE 22, micro)
Financial strength · tick = 2024
Strong
Solvency 89+8
equity 64.2% of total assets
Liquidity 81+13
short-term debt 32.7% · cash 36.3%
Profitability 77-23
return on assets 6.5%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (358 companies, NACE 22, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025highest value 09-2025: < 0.1%▼ -0.2 percentage points vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €140,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.71, compared with 2.16 in 2024, above the usual 1.5; short-term debt: 32.7% and cash: 36.3% of total assets), and 35.8% 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 22, micro): better than 71% on solvency, 83% on liquidity, 65% on profitability and 67% on growth.

The bankruptcy probability was computed on 27-10-2026 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

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 2.71, cash €825,911
NBB · annual accounts
lowers risk · Founded in 1978
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €1.5m (64.2% of total assets)
NBB · annual accounts
lowers risk · Size: 7.1 FTE, total assets €2.3m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
29 days late
2023
30 days late
2022
41 days early
2021
31 days late
2020
4 days late
2019
39 days late
← 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 13 days after the deadline; the sector median (NACE 22) for financial year 2024 is 14 days before the deadline, and 34% 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 29 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 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 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Highest result from 2018 to 2025net €680,335 ▲99.3%

Key points

  • Caution: Result fell in 2025from €680,335 to €148,919 ▼ 78.1% View
  • Positive: 8 profitable years in a rowprofit 2025: €148,919 8 years View
  • Controlled by DV Company 100% View
  • Active since 1978founded 01-07-1978 48 years View

By topic

Financials

Financial year
2025
Total assets
€2.3m
Profit
€148,919
Solvency
64.2%
Total assets▼ 2.9%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Parent
DV Company · 100%
  • DV CompanyDirector
  • Natalie SchouppeDirector
Go to Board & ownership

Timeline

Events
51
Since
1980
Next accounts
by 31-07-2027
  1. 31-12-2024Equity above €1m
  2. 30-08-2024Annual accounts filed
  3. 20-12-2023Resignations: DV COMPANY (director) and Natalie Schouppe…
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of rubber and plastic productsNACE 22240
Founded
01-07-1978
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
12
Annual meeting
First Saturday of May at 14:00
Purpose
“De fabricatie van rolluiken,dakgotenbekleding,kopen en verkopen van…” (deed in Dutch)
Go to Articles of association

Key facts about Durama

What is the company number of Durama?
0418.494.523. In Belgium the VAT number is the company number with BE in front: BE 0418.494.523.
Where is Durama based?
The registered office is at Tenhovestraat 14, 8700 Tielt.Company details
What does Durama do?
According to the KBO register, the main activity is manufacture of rubber and plastic products (NACE 22240).
What is the legal form of Durama?
Private limited company (BV).
When was Durama founded?
On 01-07-1978.
Is Durama still active?
Yes, Durama is an active enterprise in the KBO register.
How many employees does Durama have?
On average 7.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Durama?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Durama profitable?
In financial year 2025, Durama made a profit of €148,919.
Where can I find the annual accounts of Durama?
Durama filed 47 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Durama due?
By 31-07-2027, for financial year 2026.Timeline

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