Durlem
ActiveSummary
Durlem has been active since 1972 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of €1.5m. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 52% of 317 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency67▼-13
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150,000 at 30 days acceptable
Liquidity ample (current ratio 1.54 against 2.05 in 2024; short-term debt: 58.1% and cash: 40.3% of total assets), but 58.4% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
41.6%
Return on assets
33.7%
Age of the figures
9 mo
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 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
16 d early
2023
8 d early
2022
11 d early
2021
25 d late
2020
17 d late
2019
27 d late
← 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 2 days before the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 32% of the sector filed late.
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. Usually files around 20 July (4 of the last 5 filed years within 36 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#1 oldest company in Oupeye, Manufacturing sector#2 company by equity in Oupeye, Manufacturing sector#3 company by total assets in Oupeye, Manufacturing sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1.5m▲ 19.2%
2024 · €1.2m
Working capital
€1.4m▼ 30.8%
2024 · €2.0m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€2.1m▲ 12.7%€1.9m▼ 7.8%€1.7m▼ 10.1%€1.7m▲ 0.7%€2.1m▲ 20.1%
Net result€1.5mabove the sector's middle half▲ 13.0%€1.4mabove the sector's middle half▼ 8.3%€1.2mabove the sector's middle half▼ 11.9%€1.2mabove the sector's middle half▲ 1.7%€1.5mabove the sector's middle half▲ 19.2%
Equity€1.6mwithin the sector's middle half▼ 0.1%€2.2mwithin the sector's middle half▲ 36.4%€2.1mwithin the sector's middle half▼ 1.8%€2.3mwithin the sector's middle half▲ 11.0%€1.8mwithin the sector's middle half▼ 22.7%
Total assets€4.0mwithin the sector's middle half▲ 6.3%€4.8mwithin the sector's middle half▲ 19.2%€4.0mwithin the sector's middle half▼ 15.3%€4.3mwithin the sector's middle half▲ 5.9%€4.4mwithin the sector's middle half▲ 1.7%
Debt€2.4m▲ 10.9%€2.6m▲ 8.1%€1.9m▼ 26.3%€1.9m▲ 0.4%€2.5m▲ 31.0%
Working capital€1.5mwithin the sector's middle half▼ 2.2%€2.0mwithin the sector's middle half▲ 27.8%€1.9mwithin the sector's middle half▼ 5.6%€2.0mwithin the sector's middle half▲ 6.2%€1.4mwithin the sector's middle half▼ 30.8%
Solvency39.4%within the sector's middle half▼ 2.5pp45.0%within the sector's middle half▲ 5.7pp52.2%within the sector's middle half▲ 7.2pp54.7%within the sector's middle half▲ 2.5pp41.6%within the sector's middle half▼ 13.1pp
Current ratio1.72within the sector's middle half▼ 0.111.84within the sector's middle half▲ 0.122.06within the sector's middle half▲ 0.232.05within the sector's middle half▼ 0.021.54within the sector's middle half▼ 0.51
Return on assets (ROA)37.4%above the sector's middle half▲ 2.2pp28.8%above the sector's middle half▼ 8.6pp29.9%above the sector's middle half▲ 1.1pp28.8%above the sector's middle half▼ 1.2pp33.7%above the sector's middle half▲ 5.0pp
Staff (FTE)32within the sector's middle half=32within the sector's middle half=32within the sector's middle half=34.5within the sector's middle half▲ 7.8%34.5within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 20% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.4m
Fixed assets
€458,239 ▲ 7.9%
Current assets
€3.9m ▲ 1.0%
Equity and liabilities €4.4m
Equity
€1.8m ▼ 22.7%
Debt
€2.5m ▲ 31.0%
Debt's share of the balance-sheet total rises from 45.3% to 58.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€2.2m▲
2024 · €1.8m
Cash flow
€1.6m▲
2024 · €1.3m
Quick ratio
1.04▼
2024 · 1.53
Debt to equity
1.40▲
2024 · 0.83
ROE
81.0%▲
2024 · 52.6%
Interest coverage
17.91▲
2024 · 17.78
Debt ≤ 1 year
€2.5m▲
2024 · €1.9m
Income taxes
€574,257▲
2024 · €464,580
Staff costs
€2.1m▲
2024 · €1.9m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,129 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,129 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €908 | €0 | €1,500 | €6,780 | €92,339 | ▲ 1,262% |
| Remuneration, social security and pensions62 | €1.5m | €1.7m | €1.7m | €1.9m | €2.1m | ▲ 11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €71,011 | €78,332 | €90,642 | €83,663 | €88,857 | ▲ 6.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €0 | €111,133 | -€219,955 | €0 | - | - |
| Other operating charges640/8 | €15,672 | €14,904 | €36,331 | €19,599 | €20,397 | ▲ 4.1% |
| Gross operating margin9900 | €3.7m | €3.8m | €3.4m | €3.7m | €4.3m | ▲ 15.3% |
| Operating profit (loss)9901 | €2.1m | €1.9m | €1.7m | €1.7m | €2.1m | ▲ 20.1% |
| Financial income75/76B | €27,274 | €30,608 | €33,014 | €55,331 | €70,227 | ▲ 26.9% |
| Recurring financial income75 | €27,274 | €30,608 | €33,014 | €55,331 | €70,227 | ▲ 26.9% |
| Non-recurring financial income76B | €0 | - | - | - | - | - |
| Financial charges65/66B | €100,774 | €106,726 | €92,559 | €102,865 | €121,969 | ▲ 18.6% |
| Recurring financial charges65 | €100,774 | €106,726 | €92,559 | €102,865 | €121,969 | ▲ 18.6% |
| Profit (loss) for the period before taxes9903 | €2.0m | €1.9m | €1.7m | €1.7m | €2.0m | ▲ 20.4% |
| Income taxes67/77 | €516,923 | €476,172 | €461,749 | €464,580 | €574,257 | ▲ 23.6% |
| Profit (loss) for the period9904 | €1.5m | €1.4m | €1.2m | €1.2m | €1.5m | ▲ 19.2% |
| Transfer from tax-exempt reserves789 | - | - | €62,000 | €0 | €84,200 | - |
| Transfer to tax-exempt reserves689 | - | - | €84,200 | €0 | - | - |
| Profit (loss) for the period to be appropriated9905 | €1.5m | €1.4m | €1.2m | €1.2m | €1.6m | ▲ 26.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.0m | €4.8m | €4.0m | €4.3m | €4.4m | ▲ 1.7% |
| Fixed assets21/28 | €319,268 | €453,639 | €438,433 | €424,624 | €458,239 | ▲ 7.9% |
| Tangible fixed assets22/27 | €317,058 | €451,429 | €436,223 | €424,624 | €458,239 | ▲ 7.9% |
| Land and buildings22 | €217,392 | €195,233 | €201,632 | €231,072 | €292,758 | ▲ 26.7% |
| Plant, machinery and equipment23 | €58,357 | €230,034 | €212,500 | €158,071 | €129,922 | ▼ 17.8% |
| Furniture and vehicles24 | €41,310 | €26,161 | €22,091 | €35,481 | €35,559 | ▲ 0.2% |
| Financial fixed assets28 | €2,210 | €2,210 | €2,210 | €0 | - | - |
| Current assets29/58 | €3.7m | €4.3m | €3.6m | €3.9m | €3.9m | ▲ 1.0% |
| Stocks and contracts in progress3 | €574,128 | €805,727 | €991,780 | €966,424 | €1.3m | ▲ 31.7% |
| Stocks30/36 | €574,128 | €805,727 | €991,780 | €966,424 | €1.3m | ▲ 31.7% |
| Amounts receivable within one year40/41 | €1.8m | €1.2m | €1.3m | €1.3m | €840,529 | ▼ 33.7% |
| Trade receivables40 | €356,621 | €149,140 | €338,607 | €208,716 | €161,936 | ▼ 22.4% |
| Other amounts receivable41 | €1.4m | €1.0m | €1.0m | €1.1m | €678,593 | ▼ 35.9% |
| Current investments50/53 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €1.3m | €2.3m | €1.3m | €1.6m | €1.8m | ▲ 9.4% |
| Deferred charges and accrued income490/1 | €12,398 | €0 | €9,579 | €21,279 | €29,298 | ▲ 37.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.0m | €4.8m | €4.0m | €4.3m | €4.4m | ▲ 1.7% |
| Equity10/15 | €1.6m | €2.2m | €2.1m | €2.3m | €1.8m | ▼ 22.7% |
| Contributions10/11 | €200,000 | €200,000 | €200,000 | €200,000 | €200,000 | = |
| Capital10 | €200,000 | €200,000 | €200,000 | €200,000 | €200,000 | = |
| Issued capital100 | €200,000 | €200,000 | €200,000 | €200,000 | €200,000 | = |
| Reserves13 | €94,497 | €94,497 | €116,697 | €116,697 | €116,697 | = |
| Non-distributable reserves130/1 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Legal reserve130 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Tax-exempt reserves132 | €62,000 | €62,000 | €84,200 | €84,200 | €0 | ▼ 100% |
| Distributable reserves133 | €12,497 | €12,497 | €12,497 | €12,497 | €96,697 | ▲ 674% |
| Profit (loss) carried forward14 | €1.3m | €1.9m | €1.8m | €2.0m | €1.5m | ▼ 26.2% |
| Investment grants15 | €5,695 | €3,899 | €3,020 | €2,451 | €1,874 | ▼ 23.6% |
| Amounts payable17/49 | €2.4m | €2.6m | €1.9m | €1.9m | €2.5m | ▲ 31.0% |
| Amounts payable within one year42/48 | €2.1m | €2.4m | €1.7m | €1.9m | €2.5m | ▲ 34.2% |
| Financial debts43 | - | - | €45,585 | €35,487 | €35,634 | ▲ 0.4% |
| Credit institutions430/8 | - | - | €45,585 | €35,487 | €35,634 | ▲ 0.4% |
| Trade debts44 | €448,843 | €325,679 | €174,110 | €130,460 | €190,645 | ▲ 46.1% |
| Suppliers440/4 | €448,843 | €325,679 | €174,110 | €130,460 | €190,645 | ▲ 46.1% |
| Taxes, remuneration and social security45 | €198,596 | €228,571 | €279,847 | €268,725 | €305,960 | ▲ 13.9% |
| Taxes450/3 | €47,542 | €58,530 | €103,555 | €46,482 | €41,900 | ▼ 9.9% |
| Remuneration and social security454/9 | €151,054 | €170,041 | €176,292 | €222,243 | €264,060 | ▲ 18.8% |
| Other amounts payable47/48 | €1.5m | €1.8m | €1.3m | €1.5m | €2.0m | ▲ 37.7% |
| Accrued charges and deferred income492/3 | €282,813 | €271,673 | €185,610 | €54,983 | €12,402 | ▼ 77.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.5m | €1.4m | €1.2m | €1.2m | €1.5m | ▲ 19.2% |
| + Depreciation and write-downs630 | €71,011 | €78,332 | €90,642 | €83,663 | €88,857 | ▲ 6.2% |
| Operating cash flow (approximation) | €1.6m | €1.5m | €1.3m | €1.3m | €1.6m | ▲ 18.4% |
| Investment in fixed assets (approximation) | - | -€212,703 | -€75,436 | -€69,855 | -€122,471 | ▼ 75.3% |
| Change in cash | - | €1.0m | -€1.1m | €346,590 | €150,598 | ▼ 56.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-07
State Gazette act
Appointments: Kate-Co (director) and LVSH (administrateur délégué à la gestion journalière)Permanent representatives: Catherine VERVIER and Laurent VERVIER5 facts ▸
State Gazette act
Appointments: Kate-Co (director) and LVSH (administrateur délégué à la gestion journalière)
Permanent representatives: Catherine VERVIER and Laurent VERVIER5 facts ▸
- General meeting, 30-04-2026
- Director appointment, Kate-Co (director)
- Permanent representative, Catherine VERVIER (permanent representative)
- Director appointment, LVSH (administrateur délégué à la gestion journalière)
- Permanent representative, Laurent VERVIER (permanent representative)
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Equity above €2mEq €2.2m ▲36.4%
5 profitable years in a row build equity to €2.2m.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 25 days late
2021
31-12
Financial
Highest result since 2018net €1.5m ▲13%
Net result €1.5m, the highest in the series.
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 17 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 27 days late
2019
06-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 6 days late
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 16 acts read
About the unread acts
Of the 16 Belgian State Gazette acts we know for this company, 1 has been read. The other 15 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, 1 in day-to-day management, last change in 2026
Board 1
Kate-Co
CurrentDirector · since 01-05-2026 · Legal entity · perm. rep.: Catherine VERVIER
Day-to-day management 1
LVSH
CurrentAdministrateur délégué à la gestion journalière · since 01-05-2026 · Legal entity · perm. rep.: Laurent VERVIER
Permanent representatives 2
Catherine VERVIER
CurrentPermanent representative · since 01-05-2026 · for Kate-Co
Laurent VERVIER
CurrentPermanent representative · since 01-05-2026 · for LVSH
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
15 of this company's 16 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Oupeye · 1 establishment unit since 1972
Ground area
1,562 m²
Building footprint
172 m²
Parcel 62049B0771/00T000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue Christophe 3, 4681 Oupeye
since 19722.007.326.116
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62049B0771/00T000 | Wallonia | 1,562 m² | 1 · 172 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
2 people since 2026, 2 in office
- Board
- Day-to-day management
| Name | Functions and periods |
|---|---|
| Kate-Co |
|
| LVSH |
|
Structure & network
Owners and holdings
2 ownersOwners 2
- HRLVparentSourceaccounts HRLV 2025100%
- RLV MANAGEMENTparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
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Identification & contact
Identification
Legal formPublic limited company
Founded30-06-1972
Fiscal year end31-12
Activities, NACEBEL 2025
28295Manufacture of machinery and equipment not elsewhere classified
46842Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0412530211
Also
9925:BE0412530211
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.