DURANXL
Open bankruptcyA bankruptcy procedure is open for DURANXL according to publications in the Belgian State Gazette; curator: THOMAS VANDENDRIES.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 18-11-2022, 110 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
110 d late
2020
52 d late
2019
3 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€22k▼ 48.4%
2020 · €43k
2018: €29k
2019: €38k
2020: €43k
2018 → 2021
Total assets
€74k▼ 46.9%
2020 · €139k
2018: €120k
2019: €135k
2020: €139k
2018 → 2021
Net result
€-21k
2020 · €4k
2018: €7k
2019: €9k
2020: €4k
2018 → 2021
Working capital
€22k▼ 68.6%
2020 · €70k
2018: €39k
2019: €79k
2020: €70k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€29k-€38k▲ 32.4%€43k▲ 11.2%€22k▼ 48.4%
Operating result€12k-€14k▲ 18.2%€7k▼ 49.3%€-20k
Net result€7k-€9k▲ 30.2%€4k▼ 54.3%€-21k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €20k after €7k in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Equity and liabilities €74k
Equity
€22k ▼ 48.4%
Debt
€52k ▼ 46.3%
Debt's share of the balance-sheet total rises from 69.3% to 70.2%. Equity and debt are lower.
Key figures and ratios
Current ratio
1.42▼
2020 · 2.02
Quick ratio
0.44▼
2020 · 0.67
Debt to equity
2.35▲
2020 · 0.56
ROE
-93.8%▼
2020 · 10.1%
ROA
-28.0%▼
2020 · 3.1%
Debt ≤ 1 year
€52k▼
2020 · €69k
Staff costs
€21k
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 · 2021 against 2020 · 37 lines
Balance sheet
Code20202021
Assets
Total assets20/58€139k€74k▼
Current assets29/58€139k€74k▼
Stocks and contracts in progress3€93k€51k▼
Stocks30/36-€51k
Amounts receivable within one year40/41€35k€23k▼
Trade receivables40-€20k
Other amounts receivable41-€3k
Cash at bank and in hand54/58€11k-
Deferred charges and accrued income490/1-€325
Equity and liabilities
Total equity and liabilities10/49€139k€74k▼
Equity10/15€43k€22k▼
Contributions10/11-€19k
Reserves13€993€993=
Non-distributable reserves130/1-€993
Reserves not available under the articles1311-€993
Profit (loss) carried forward14€23k€2k▼
Amounts payable17/49€97k€52k▼
Amounts payable after more than one year17€24k-
Amounts payable within one year42/48€69k€52k▼
Financial debts43-€10k
Credit institutions430/8-€10k
Trade debts44€26k€18k▼
Suppliers440/4-€18k
Other amounts payable47/48-€24k
Income statement
Code20202021
Remuneration, social security and pensions62-€21k
Other operating charges640/8-€518
Gross operating margin9900€48k€2k▼
Operating profit (loss)9901€7k€-20k▼
Financial income75/76B-€13
Recurring financial income75€22€13▼
Financial charges65/66B-€739
Recurring financial charges65€3k€739▼
Profit (loss) for the period before taxes9903€4k€-21k▼
Profit (loss) for the period9904€4k€-21k▼
Profit (loss) for the period to be appropriated9905€4k€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€2k
Profit (loss) brought forward from the previous period14P-€23k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
08-05
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · DURANXL BV PRIESTER CUYPERSSTRAAT 3, 1040 ETTERBEEK · event 02-05-2023
2022
18-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 110 days late
2021
31-12
Financial
Weakest financial yearnet €-21k ▼580%
Net result drops to €-21k, the lowest in the series.
21-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 52 days late
2020
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
31-12
Financial
Highest result since 2018net €9k ▲30.2%
Operating result €14k, net result €9k, both a record.
09-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 40 days late
2018
21-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 52 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | THOMAS VANDENDRIES STEENWEG OP SINT- JORIS-
WINGE 21, 3200 AARSCHOT |
02-05-2023 → present |