Duraworks
ActiveSummary
The computed 12-month bankruptcy probability of Duraworks is 1.8% (moderate). The 2025 annual accounts show equity of €567k and a net result of €211k. Equity is growing by ~12.6% per year across the filed fiscal years. Its solvency ranks better than 51% of 27786 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▼-9
Solvency73▼-17
Growth78=
Track record94
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 1.91 against 2.86 in 2024; short-term debt: 52% and cash: 28.6% of total assets), but 52.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
47.9%
Return on assets
17.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-08-2026, 22 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
22 d late
2024
26 d late
2023
23 d late
2022
30 d late
2021
30 d late
← 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€567k▼ 8.1%
2024 · €617k
2021: €194k
2022: €516k
2023: €747k
2024: €617k
2021 → 2025
Total assets
€1.18M▲ 25.4%
2024 · €944k
2021: €264k
2022: €788k
2023: €956k
2024: €944k
2021 → 2025
Net result
€211k▼ 12.0%
2024 · €240k
2021: €192k
2022: €323k
2023: €232k
2024: €240k
2021 → 2025
Working capital
€558k▼ 7.7%
2024 · €605k
2021: €175k
2022: €482k
2023: €725k
2024: €605k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€194k-€516k▲ 165%€747k▲ 44.8%€617k▼ 17.5%€567k▼ 8.1%
Operating result€250k-€424k▲ 69.5%€292k▼ 31.0%€305k▲ 4.3%€294k▼ 3.6%
Net result€192k-€323k▲ 67.7%€232k▼ 28.1%€240k▲ 3.5%€211k▼ 12.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.18M
Fixed assets
€10k ▼ 26.6%
Current assets
€1.17M ▲ 26.2%
Equity and liabilities €1.18M
Equity
€567k ▼ 8.1%
Debt
€617k ▲ 88.4%
Debt's share of the balance-sheet total rises from 34.7% to 52.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€296k▼
2024 · €320k
Cash flow
€213k▼
2024 · €255k
Current ratio
1.91▼
2024 · 2.86
Debt to equity
1.09▲
2024 · 0.53
ROE
37.2%▼
2024 · 38.9%
ROA
17.8%▼
2024 · 25.4%
Interest coverage
10.58▼
2024 · 34.29
Debt ≤ 1 year
€615k▲
2024 · €325k
Income taxes
€72k▼
2024 · €74k
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 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€944k€1.18M▲
Fixed assets21/28€14k€10k▼
Tangible fixed assets22/27€14k€10k▼
Plant, machinery and equipment23€6k€6k▲
Furniture and vehicles24€7k€4k▼
Financial fixed assets28€105€105=
Current assets29/58€930k€1.17M▲
Amounts receivable within one year40/41€147k€129k▼
Trade receivables40€38€14k▲
Other amounts receivable41€146k€115k▼
Current investments50/53€700k€700k=
Cash at bank and in hand54/58€74k€339k▲
Deferred charges and accrued income490/1€10k€6k▼
Equity and liabilities
Total equity and liabilities10/49€944k€1.18M▲
Equity10/15€617k€567k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€614k€564k▼
Amounts payable17/49€327k€617k▲
Amounts payable within one year42/48€325k€615k▲
Financial debts43-€25
Credit institutions430/8-€25
Trade debts44€29k€3k▼
Suppliers440/4€29k€3k▼
Taxes, remuneration and social security45€71k€33k▼
Taxes450/3€71k€33k▼
Other amounts payable47/48€226k€580k▲
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€2k▼
Other operating charges640/8€598€1k▲
Non-recurring operating charges66A-€6k
Gross operating margin9900€320k€303k▼
Operating profit (loss)9901€305k€294k▼
Financial income75/76B€19k€17k▼
Recurring financial income75€19k€17k▼
Financial charges65/66B€9k€28k▲
Recurring financial charges65€9k€28k▲
Profit (loss) for the period before taxes9903€314k€283k▼
Income taxes67/77€74k€72k▼
Profit (loss) for the period9904€240k€211k▼
Profit (loss) for the period to be appropriated9905€240k€211k▼
Appropriation of the result
Profit (loss) to be appropriated9906€985k€825k▼
Profit (loss) brought forward from the previous period14P€744k€614k▼
Profit to be distributed694/7€371k€261k▼
Return on contributions (dividend)694€371k€261k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 22 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Highest result since 2021net €323k ▲67.7%
Operating result €424k, net result €323k, both a record.
31-12
Financial
Equity above €500kEq €516k ▲165%
2 profitable years in a row build equity to €516k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Aalst · 1 establishment unit since 2021
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.
Nieuwerkerken-Dorp 689320 AalstGround area
866 m²
Building footprint
284 m²
Volume, LiDAR
2,231 m³
Parcel 41047A0680/00P002, Flanders · tallest building 13.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Duraworks
since 20212.312.867.703
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41047A0680/00P002 | Flanders | 866 m² | 1 · 284 m² | 13.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
XILA
BE 0819.467.183
Aalst · Eq €567,020
STELO TECH
BE 0465.668.195
Rotselaar · Eq €567,639
MZK CONSTRUCT
BE 0509.991.455
Beersel · Eq €567,878
BUILDINQS GROUP
BE 0455.059.167
Houthalen-Helchteren · Eq €568,187
DE STERCKE P.
BE 0462.897.856
Berlare · Eq €568,214
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 4,329 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
36000Water collection, treatment and supply
41003General construction of other non-residential buildings
71112Activities of interior architects
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.