Equity
-€239,760
Debts exceed assets in financial year 2025.
DURECO
Lifetime
19 annual accounts with figures on one time axis, 37 filings since 1989peak €858,948 (2021)
€27,613▼ 72.3%
lowest -€714,659 (2019)
-€90,161▲ €39,315
peak €625,634 (2016)
-€239,760▼ €90,160
€313,253▼ 29.4%
peak 8.7 FTE (2018)
3.6 FTE▼ 42.9%
Board4 names since 2007
2 directors and 1 other
Owners
87.5%
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Gross margin from €99,811 to €27,613Loss of €90,161Staff from 6.3 FTE to 3.6 FTEEquity from -€149,600 to -€239,760Debts from €443,791 to €313,253Cash from €16,468 to €48,163
Key points
from the 2025 annual accountsLosses
-€407,506 in four years
Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.
Debts
€313,253 426% of the balance sheet
Suppliers 1%Taxes and wages 4%Other 96%
Of this, €313,228 falls due within a year.
Staff
3.6 FTE from 8.7 in 2018
Between 2018 and 2025, 59% of the full-time equivalents disappeared.
Liquidity
0.20 was 0.63 in 2024
Short-term debts fell from €442,608 to €313,228.
Position in the sector
-326.2%
Lower solvency than 95% of companies in wholesale trade. Sector median 44.1% · 10,758 companies.
2025 accounts filed 31 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,635 companies had the same profile as DURECO has now. Each dot stands for 17 companies, two years later.
84.3%
were still trading
10.2%
stopped another way
4.5%
went bankrupt
Another 1.0% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,635 companies, not a prediction for DURECO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director, since 07-06-2007
Director, since 28-03-2017
- 87.5%score equity €1.9m (2025) · 30-06-2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0435136159
Capital increase
Capital from €1,615,000 to €2,365,000, 750 new shares · Capital from €2,365,000 to €61,500 · General meeting of 30-12-2021 · Gazette deed
Reappointment: (director)
General meeting of 06-06-2019 · Gazette deed
Resignation: (director)
Appointment: (director) · Director discharge: · General meeting of 28-03-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DURECO Forest | - | - | -326.2% | 3.6 |
| RODANSO Uccle | - | - | 80.9% | - |
| HANSELAER MODEAGENTUUR Antwerp | - | - | -10.2% | - |
| KOEHL & BORKELMANS Maaseik | - | - | -24.0% | 2 |
| PORCHER Etterbeek | - | - | 38.5% | - |
| NIMBUS - FABIENNE COLLET Ixelles | €18,576 | 49.5% | 87.6% | - |
| A.M. Boidts Uccle | €65,760 | 22.1% | -188.2% | - |
These companies have the same main activity as DURECO: agents in the wholesale of textiles, clothing, fur, footwear and leather goods (NACE 46160). They are comparable in size and age: total assets between €56,900 and €194,000, founded between 1967 and 1997.
Official details
Source: KBO- Status
- Active since 29-08-1988Normal situation
- Activity
- Agents in the wholesale of textiles, clothing, fur, footwear and leather goodsNACE 46160and 2 others
- Establishment units
- 2.040.298.8891190 Forest, since 27-09-1988
- 2.213.837.1361150 Woluwe-Saint-Pierre, since 01-10-1988and 4 others
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2025
Annual accounts 2025
- ≈ €120,000estimated
- €73,493▼ 75.0%
- Employeeson 31-12-2025
- 4▼ 60.0%
- Filing
- Filed on 31-08-2026
Insights on DURECO
DURECO files the abbreviated format. That format states no turnover. The gross margin fell from €235,421 in 2007 to €27,613 in 2025.
holds 87.5% of the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DURECO
- What is the company number of DURECO?
- The company number of DURECO is 0435.136.159. The VAT number is the same number with BE in front: BE 0435.136.159.
- Where is DURECO based?
- The registered office is at Van Volxemlaan 197, 1190 Forest.Company details
- What does DURECO do?
- According to the KBO register, the main activity is agents in the wholesale of textiles, clothing, fur, footwear and leather goods (NACE 46160).
- What is the legal form of DURECO?
- DURECO is a public limited company (NV).
- When was DURECO founded?
- DURECO was founded on 29-08-1988.
- Is DURECO still active?
- Yes, DURECO is an active enterprise in the KBO register.
- How many employees does DURECO have?
- DURECO had an average of 3.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of DURECO?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €27,613 and 38 comparable companies (NACE 461). It probably lies between €81,000 and €310,000.
- Is DURECO profitable?
- In financial year 2025, DURECO made a loss of €90,161.
- Where can I find the annual accounts of DURECO?
- DURECO filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DURECO due?
- DURECO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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