DURMILINE
ActiveDURMILINE has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €411k and a net result of €77k. Equity is shrinking by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 69% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▼-1
Solvency86▲+18
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.2 against 1.5 in 2024; short-term debt: 37.6% and cash: 6.5% of total assets), and 39.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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
60.5%
Return on assets
11.3%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €411k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 10 filingsDeviation from the deadline
2025
27 d late
2024
28 d late
2023
28 d late
2022
11 d early
2021
60 d late
2020
58 d late
2019
88 d late
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€411k▲ 23.1%
2024 · €334k
2018: €1.73M
2019: €403k
2020: €450k
2021: €449k
2022: €369k
2023: €358k
2024: €334k
2018 → 2025
Total assets
€679k▼ 11.6%
2024 · €768k
2018: €2.39M
2019: €801k
2020: €930k
2021: €957k
2022: €776k
2023: €627k
2024: €768k
2018 → 2025
Net result
€77k▼ 19.3%
2024 · €95k
2018: €214k
2019: €268k
2020: €202k
2021: €153k
2022: €21k
2023: €89k
2024: €95k
2018 → 2025
Working capital
€306k▲ 46.6%
2024 · €209k
2018: €1.52M
2019: €327k
2020: €312k
2021: €327k
2022: €224k
2023: €228k
2024: €209k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€449k-€369k▼ 17.7%€358k▼ 3.0%€334k▼ 6.8%€411k▲ 23.1%
Operating result€209k-€38k▼ 81.8%€111k▲ 191%€137k▲ 23.7%€112k▼ 17.9%
Net result€153k-€21k▼ 86.6%€89k▲ 332%€95k▲ 7.3%€77k▼ 19.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 18% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €679k
Fixed assets
€118k▼ 17.8%
Current assets
€561k▼ 10.1%
Equity and liabilities €679k
Equity
€411k▲ 23.1%
Debt
€268k▼ 38.2%
The debt ratio falls from 56.5% to 39.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€149k▼
2024 · €179k
Cash flow
€113k▼
2024 · €138k
Solvency
60.5%▲
2024 · 43.5%
Current ratio
2.20▲
2024 · 1.50
Quick ratio
2.06▲
2024 · 1.43
Debt / equity
0.65▼
2024 · 1.30
ROE
18.8%▼
2024 · 28.6%
ROA
11.3%▼
2024 · 12.4%
Interest coverage
31.56▲
2024 · 17.53
Debt
€268k▼
2024 · €434k
Debt ≤ 1 year
€255k▼
2024 · €416k
Income taxes
€31k▼
2024 · €38k
Staff costs
€179k▲
2024 · €151k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€768k€679k▼
Fixed assets21/28€143k€118k▼
Intangible fixed assets21€720€138▼
Tangible fixed assets22/27€138k€113k▼
Plant, machinery and equipment23€18k€21k▲
Furniture and vehicles24€60k€40k▼
Leasing and similar rights25€38k€34k▼
Other tangible fixed assets26€21k€18k▼
Financial fixed assets28€4k€4k=
Current assets29/58€625k€561k▼
Stocks and contracts in progress3€29k€36k▲
Stocks30/36€29k€36k▲
Amounts receivable within one year40/41€560k€470k▼
Trade receivables40€320k€221k▼
Other amounts receivable41€240k€249k▲
Cash at bank and in hand54/58€28k€44k▲
Deferred charges and accrued income490/1€7k€12k▲
Equity and liabilities
Total equity and liabilities10/49€768k€679k▼
Equity10/15€334k€411k▲
Contributions10/11€17k€17k=
Reserves13€118k€118k=
Non-distributable reserves130/1€547€547=
Reserves not available under the articles1311€547€547=
Distributable reserves133€117k€117k=
Profit (loss) carried forward14€199k€276k▲
Amounts payable17/49€434k€268k▼
Amounts payable after more than one year17€15k-
Financial debts170/4€15k-
Amounts payable within one year42/48€416k€255k▼
Current portion of amounts payable after more than one year42€19k€15k▼
Financial debts43€80k€80k=
Credit institutions430/8€80k€80k=
Trade debts44€44k€109k▲
Suppliers440/4€44k€109k▲
Advances received on contracts in progress46€144k€52k▼
Taxes, remuneration and social security45€8k€308▼
Taxes450/3€5k-
Remuneration and social security454/9€4k€308▼
Other amounts payable47/48€120k-
Accrued charges and deferred income492/3€3k€13k▲
Income statement
Code20242025
Non-recurring operating income76A-€12k
Remuneration, social security and pensions62€151k€179k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42k€36k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-46k-
Other operating charges640/8€67k€35k▼
Non-recurring operating charges66A-€2k
Gross operating margin9900€352k€365k▲
Operating profit (loss)9901€137k€112k▼
Financial income75/76B€7k€348▼
Recurring financial income75€7k€348▼
Financial charges65/66B€10k€5k▼
Recurring financial charges65€10k€5k▼
Profit (loss) for the period before taxes9903€133k€108k▼
Income taxes67/77€38k€31k▼
Profit (loss) for the period9904€95k€77k▼
Profit (loss) for the period to be appropriated9905€95k€77k▼
Appropriation of the result
Profit (loss) to be appropriated9906€319k€276k▼
Profit (loss) brought forward from the previous period14P€224k€199k▼
Profit to be distributed694/7€120k-
Return on contributions (dividend)694€120k-
Social balance
Average headcount (FTE)90872.22.7▲
The notes to these accounts (13 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €21k ▼86.6%
Net result drops to €21k, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 60 days late
2021
27-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 58 days late
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 88 days late
2019
31-12
Financial
Highest result since 2018net €268k ▲25.3%
Operating result €384k, net result €268k, both a record.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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
Registered office, Oudenaarde · 1 establishment unit since 2002
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.
Einestraat 109700 OudenaardeGround area
3.2 ha
Building footprint
6,321 m²
Volume, LiDAR
2,236 m³
2 parcels, Flanders · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Stokstraat(KRU) 18, 9770 Kruisem
since 20022.114.660.376
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45017C0079/00W000 | Flanders | 3.0 ha | 1 · 6,040 m² | - |
| 45035B0413/00K000 ProtectedMonument · Townscape or village viewHerenhuis met classicistische voorbouw: gevels en dakenSource ↗ |
Flanders | 1,579 m² | 1 · 280 m² | 12.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 8,838 EUR awarded · 11,838 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 300 EUR | 4,800 EUR |
| 2024 | 1 | 4,500 EUR | 3,000 EUR |
| 2023 | 1 | 3,720 EUR | 3,720 EUR |
| 2022 | 1 | 318 EUR | 318 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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BLORO
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 4,908 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-09-2002
Fiscal year end31-12
Activities, NACEBEL
43331Floor and wall tiling
43990Other specialised construction activities
43999Specialised construction activities
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
51532
52461
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.