Financials
- Financial year
- 2025
- Total assets
- €3.1m
- Profit
- €452,148
- Solvency
- 69.3%
Total assets▲ 37.1%
Net result
20182025
DURANET
ActiveSummary
DURANET has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.2m and a net result of €452,148. Equity is shrinking by about 6.3% per year across the filed financial years. Its solvency ranks better than 69% of 196 sector peers (NACE 13, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Manufacture of textiles
NACE 13929
1 site
Size
€3.1mtotal assets 2025
- Staff
- 4.9 FTE
- Equity
- €2.2m
- Profit
- €452,148
Turnover not published (abbreviated format)
Structure
- Parent
- DURANET INTERNATIONAL · 100%
- DURANET INTERNATIONALDirector · permanent representative BEERSMANS Olivier Peter Ludo Maria
2025 accounts 101 days early2 of 10 deeds summarised
Why 97raises risk1 change of registered office in 24 monthslowers riskLiquidity: current ratio 5.47, cash €659,389Figures for financial year 2025 (filed 24-04-2026)Size: 4.9 FTE, total assets €3.1mShow the evidence
Checked score
Score 2025
97
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 77% of its sector peers (NACE 13, micro)
Financial strength · tick = 2024
Strong
Solvency
94-6
equity 69.3% of total assets
Liquidity
75-3
short-term debt 12.4% · cash 21.2%
Profitability
87-11
return on assets 14.6%
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).
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 04-2025lowest value
06-2025: < 0.1%● unchanged vs 05-2025lowest value
07-2025: < 0.1%● unchanged vs 06-2025lowest value
08-2025: < 0.1%● unchanged vs 07-2025lowest value
09-2025: 0.1%▲ +0.1 percentage points vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026highest value
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 €200,000 on 30-day terms is acceptable
Liquidity ample (current ratio 5.47, compared with 3.89 in 2024, above the usual 1.5; short-term debt: 12.4% and cash: 21.2% of total assets), and 30.7% 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 13, micro): better than 71% on solvency, 77% on liquidity, 79% on profitability and 82% 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
Six signals.
lowers riskraises riskneutral
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 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €2.2m
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 21-04-2026, 101 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
101 days early
2024
125 days early
2023
110 days early
2022
102 days early
2021
30 days early
2020
18 days early
2019
36 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 75 days before the deadline; the sector median (NACE 13) for financial year 2024 is 13 days before the deadline, and 32% 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 20 April (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Equity above €2mequity €2.2m ▲26.3%
- Permanent representative: Olivier BeersmansRegistered-office move
Key points
- Positive: Among the best 13% on net resultsector median €41,145 · 196 companies €452,148 View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Positive: 8 profitable years in a rowprofit 2025: €452,148 8 years View
- Controlled by DURANET INTERNATIONAL 100% View
- Positive: Equity rose in 2025from €1.7m to €2.2m ▲ 26.3% View
- Flemish supportawarded from 2022 to 2025 €58,465 View
By topic
Board & ownership
- Board
- 1 member
- Parent
- DURANET INTERNATIONAL · 100%
- DURANET INTERNATIONALDirector
Timeline
- Events
- 33
- Since
- 1998
- Next accounts
- by 31-07-2027
- 28-03-2025Annual accounts filed
- 12-04-2024Annual accounts filed
- 20-04-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Manufacture of textilesNACE 13929
- Founded
- 12-12-1996
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 15
- Annual meeting
- Third Thursday of March at 18:00
Key facts about DURANET
- What is the company number of DURANET?
- 0459.368.838. In Belgium the VAT number is the company number with BE in front: BE 0459.368.838.
- Where is DURANET based?
- The registered office is at John Cordierlaan 25, 8400 Oostende.Company details
- What does DURANET do?
- According to the KBO register, the main activity is manufacture of textiles (NACE 13929).
- What is the legal form of DURANET?
- Private limited company (BV).
- When was DURANET founded?
- On 12-12-1996.
- Is DURANET still active?
- Yes, DURANET is an active enterprise in the KBO register.
- How many employees does DURANET have?
- On average 4.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of DURANET?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is DURANET profitable?
- In financial year 2025, DURANET made a profit of €452,148.
- Where can I find the annual accounts of DURANET?
- DURANET filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DURANET due?
- By 31-07-2027, for financial year 2026.Timeline
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Parent and group
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