DURBAN RED
ActiveSummary
DURBAN RED has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,675 and a net result of €161,173. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 17% of 11,268 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Official details
Source: KBO- Status
- Active since 07-06-2019 Normal situation
- Registered office
- 14 active companies are registered at this address Source: KBO register, as of 4 November 2026.
- Activity
- Development of residential building projects NACE 68121and 1 other
- Establishment unit
- 2.292.628.553 2000 Antwerpen, since 01-07-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 05-06-2026
Board and ownership
- AZINAR INVESTMENTDirector · since 25-03-2022 · permanent representative Narymen Azirar
- Narymen Azirar100%annual accounts 2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.1%
- Gross margin
- €253,794
- ▲ 19×
- Turnover
- ≈ €450,000
- estimated
- Profit
- €161,173
- Equity
- €5,675
- Total assets
- €2.0m
- ▼ 7.0%
- 2025 accounts filed 27 days after the deadline
Score breakdownraises riskLiquidity: current ratio 1.03, cash €6, halvedLast filed accounts filed 27 days late; 2 of the last 3 accounts latelowers riskSector: Real estate activities (NACE 68)Size: total assets €2.0mShow the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 68, small). It does better than 15% of them on solvency, 7% on liquidity, 57% on profitability and 93% on growth.
The bankruptcy probability was computed on 04-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 6 accounts on average 48 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed 1 director appointed, 1 director resigningResignation: Narymen Azirar (director) · Appointment: AZINAR INVESTMENT (director) · Permanent representative: Narymen Azirar
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as DURBAN RED: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €1.6m and €2.3m, founded between 2018 and 2020.
| Company | Total assets | Gross margin |
|---|---|---|
| DURBAN RED Antwerpen | €2.0m | €0.3m |
| STM Schilde | €2.3m | €0.3m |
| BCMG Mechelen | €2.2m | €0.2m |
| GES RE Kontich | €2.0m | €0.3m |
| LOYAL BUILD Sint-Katelijne-Waver | €1.6m | €0.4m |
| FA Immobilière Namur | €2.2m | €0.3m |
| VANDENDRIESSCHE INVEST Zedelgem | €1.9m | €0.2m |
Key facts about DURBAN RED
- What is the company number of DURBAN RED?
- The company number of DURBAN RED is 0727.859.393. The VAT number is the same number with BE in front: BE 0727.859.393.
- Where is DURBAN RED based?
- The registered office is at Vorstermanstraat 12B, 2000 Antwerpen.Company details
- What does DURBAN RED do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of DURBAN RED?
- The legal form of DURBAN RED is Private limited company (BV).
- When was DURBAN RED founded?
- DURBAN RED was founded on 07-06-2019.
- Is DURBAN RED still active?
- Yes, DURBAN RED is an active enterprise in the KBO register.
- What is the turnover of DURBAN RED?
- The turnover in financial year 2025 is ≈ €450,000. This figure is estimated from the gross margin of €253,794 and 42 comparable companies (NACE 681). It probably lies between €340,000 and €740,000.Financials
- Is DURBAN RED profitable?
- In financial year 2025, DURBAN RED made a profit of €161,173.
- Where can I find the annual accounts of DURBAN RED?
- DURBAN RED filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DURBAN RED due?
- DURBAN RED must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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