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Duror

Open bankruptcy
Public limited companyfounded 1968's Gravendreef 24, 9810 Nazareth-De Pinte, BelgiumKBO/BCE: BE 0401.081.538
Summary

A bankruptcy procedure is open for Duror according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €3.2m and a net result of €670,714.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Ghent, Ghent division
Declared bankrupt
2 July 2024
Supervising judge
Isabelle Van Vooren
Official Gazette
10-07-2024 (pdf) ↗search the document for 2024/128925

Curators

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 14-03-2024, 47 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2023
47 d early
2022
45 d early
2021
10 d early
2020
6 d late
2019
76 d late
2018
5 d early
2017
29 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 1 day after the deadline; the sector median for financial year 2023 is on the deadline day, and 48% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 1 January 1968, Duror was incorporated.1 Revenue went from EUR 19 million in 2019 to EUR 12 million in 2023 and headcount from 29.5 to 11.6 full-time equivalents.2 The company was declared bankrupt on 2 July 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2023
  3. 3Belgian State Gazette, 10-07-2024

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2023, full schema

Turnover
€11.5m▼ 8.0%
2022 · €12.5m
EBIT margin
8.8%▼ 3.8pp
2022 · 12.6%
Net result
€670,714▼ 47.4%
2022 · €1.3m
Working capital
€4.3m▲ 15.1%
2022 · €3.7m
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222023
Turnover€19.4m-€10.9m▼ 44.1%€10.8m▼ 0.8%€12.5m▲ 16.4%€11.5m▼ 8.0%
Operating result€332,571--€2.0m€930,555€1.6m▲ 70.1%€1.0m▼ 36.0%
Net result€28,290--€2.2m€752,290€1.3m▲ 69.5%€670,714▼ 47.4%
EBIT margin1.7%--18.7%▼ 20.4pp8.6%▲ 27.3pp12.6%▲ 4.0pp8.8%▼ 3.8pp
Equity€2.8m-€523,869▼ 81.0%€1.3m▲ 144%€2.6m▲ 99.9%€3.2m▲ 26.3%
Total assets€6.1m-€7.6m▲ 25.4%€5.8m▼ 24.3%€7.5m▲ 30.4%€9.1m▲ 21.4%
Debt€3.3m-€7.1m▲ 113%€4.5m▼ 36.5%€5.0m▲ 10.6%€5.7m▲ 15.1%
Working capital€2.0m-€317,784▼ 83.8%€2.5m▲ 686%€3.7m▲ 50.1%€4.3m▲ 15.1%
Staff (FTE)29.5-33.7▲ 14.2%30.7▼ 8.9%11.8▼ 61.6%11.6▼ 1.7%
Result per fiscal year
Operating resultNet result
-€3.0m-€2.0m-€1.0m€0€1.0m€2.0mOperating result 2019: €332,571€332,571Net result 2019: €28,290€28,290Operating result 2020: -€2.0m-€2.0mNet result 2020: -€2.2m-€2.2mOperating result 2021: €930,555€930,555Net result 2021: €752,290€752,290Operating result 2022: €1.6m€1.6mNet result 2022: €1.3m€1.3mOperating result 2023: €1.0m€1.0mNet result 2023: €670,714€670,71420192020202120222023€0€500,000€1m€1.5mOperating result 2021: €930,555€931,000Net result 2021: €752,290€752,000Operating result 2022: €1.6m€1.6mNet result 2022: €1.3m€1.3mOperating result 2023: €1.0m€1mNet result 2023: €670,714€671,000202120222023
The operating result falls in 2023; 2023 is 36% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €9.1m
Fixed assets €137,502 ▼ 66.9%
Current assets €9.0m ▲ 26.6%
Equity and liabilities €9.1m
Equity €3.2m ▲ 26.3%
Provisions €185,399
Debt €5.7m ▲ 15.1%
Debt's share of the balance-sheet total falls from 66.0% to 62.6%. Equity and debt are higher.
Key figures and ratios
2023 value · change against 2022
EBITDA
€1.2m▼
2022 · €1.8m
Cash flow
€873,066▼
2022 · €1.5m
Current ratio
1.92▼
2022 · 2.12
Quick ratio
1.30▼
2022 · 1.32
Debt to equity
1.77▼
2022 · 1.95
ROE
20.8%▼
2022 · 50.0%
ROA
7.4%▼
2022 · 17.0%
Interest coverage
8.34▼
2022 · 24.55
Debt ≤ 1 year
€4.7m▲
2022 · €3.4m
Debt > 1 year
€994,218▼
2022 · €1.4m
Income taxes
€1,660▼
2022 · €29,027
Staff costs
€870,346▲
2022 · €797,436
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 87 lines
Balance sheet Code20222023
Assets
Total assets20/58€7.5m€9.1m▲
Fixed assets21/28€415,991€137,502▼
Intangible fixed assets21€50,418€23,280▼
Tangible fixed assets22/27€276,174€100,960▼
Land and buildings22€32,144€25,060▼
Plant, machinery and equipment23€28,136€8,735▼
Furniture and vehicles24€9,466€3,713▼
Other tangible fixed assets26€206,427€63,451▼
Financial fixed assets28€89,398€13,262▼
Other financial fixed assets284/8€89,398€13,262▼
Shares284€76,136€0▼
Amounts receivable and cash guarantees285/8€13,262€13,262=
Current assets29/58€7.1m€9.0m▲
Stocks and contracts in progress3€2.7m€2.9m▲
Stocks30/36€2.7m€2.9m▲
Goods purchased for resale34€2.7m€2.7m▲
Advance payments36€0€192,315▲
Amounts receivable within one year40/41€3.4m€5.7m▲
Trade receivables40€3.0m€5.7m▲
Other amounts receivable41€417,250€7,475▼
Cash at bank and in hand54/58€937,457€288,478▼
Deferred charges and accrued income490/1€30,086€54,339▲
Equity and liabilities
Total equity and liabilities10/49€7.5m€9.1m▲
Equity10/15€2.6m€3.2m▲
Contributions10/11€583,417€583,417=
Capital10€583,417€583,417=
Issued capital100€583,417€583,417=
Reserves13€2.0m€2.6m▲
Non-distributable reserves130/1€58,342€58,342=
Legal reserve130€58,342€58,342=
Tax-exempt reserves132€59,188€59,188=
Distributable reserves133€1.9m€2.5m▲
Provisions and deferred taxes16-€185,399
Provisions for liabilities and charges160/5-€185,399
Other liabilities and charges164/5-€185,399
Amounts payable17/49€5.0m€5.7m▲
Amounts payable after more than one year17€1.4m€994,218▼
Financial debts170/4€1.4m€994,218▼
Subordinated loans170€576,189€623,679▲
Credit institutions173€853,314€370,539▼
Amounts payable within one year42/48€3.4m€4.7m▲
Current portion of amounts payable after more than one year42€444,185€445,697▲
Financial debts43-€2.0m
Credit institutions430/8-€2.0m
Trade debts44€2.5m€1.8m▼
Suppliers440/4€2.5m€1.8m▼
Taxes, remuneration and social security45€444,088€410,398▼
Taxes450/3€395,964€301,966▼
Remuneration and social security454/9€48,124€108,433▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€182,492€48,524▼
Income statement Code20222023
Operating income70/76A€13.9m€12.6m▼
Turnover70€12.5m€11.5m▼
Other operating income74€1.3m€1.1m▼
Non-recurring operating income76A€1,400€49,949▲
Operating charges60/66A€12.3m€11.6m▼
Goods for resale, raw materials and consumables60€7.7m€6.5m▼
Purchases600/8€7.2m€6.6m▼
Change in stocks: decrease (increase)609€449,974-€27,668▼
Services and other goods61€4.1m€3.7m▼
Remuneration, social security and pensions62€797,436€870,346▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€197,741€202,352▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€542,621-€5,973▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€0-
Other operating charges640/8€34,383€13,550▼
Non-recurring operating charges66A€55,838€269,394▲
Operating profit (loss)9901€1.6m€1.0m▼
Financial income75/76B€50,431€43,915▼
Recurring financial income75€50,431€41,931▼
Income from financial fixed assets750€586€1,172▲
Income from current assets751€0€7,475▲
Other financial income752/9€49,845€33,284▼
Non-recurring financial income76B-€1,984
Financial charges65/66B€328,768€384,794▲
Recurring financial charges65€328,768€384,794▲
Debt charges650€72,522€145,807▲
Other financial charges652/9€256,247€238,987▼
Profit (loss) for the period before taxes9903€1.3m€672,374▼
Income taxes67/77€29,027€1,660▼
Taxes670/3€29,027€1,660▼
Profit (loss) for the period9904€1.3m€670,714▼
Profit (loss) for the period to be appropriated9905€1.3m€670,714▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.3m€670,714▼
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€1.3m€670,714▼
To other reserves6921€1.3m€670,714▼
Social balance
Average headcount (FTE)908711.811.6▼

The notes to these accounts (79 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Operating income70/76A---€13.9m€12.6m▼ 8.9%
Turnover70€19.4m€10.9m€10.8m€12.5m€11.5m▼ 8.0%
Other operating income74---€1.3m€1.1m▼ 20.7%
Non-recurring operating income76A---€1,400€49,949▲ 3,468%
Operating charges60/66A---€12.3m€11.6m▼ 5.4%
Goods for resale, raw materials and consumables60---€7.7m€6.5m▼ 14.9%
Purchases600/8---€7.2m€6.6m▼ 9.2%
Change in stocks: decrease (increase)609---€449,974-€27,668▼ 106%
Services and other goods61---€4.1m€3.7m▼ 8.1%
Remuneration, social security and pensions62---€797,436€870,346▲ 9.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€370,594€243,516€222,286€197,741€202,352▲ 2.3%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€542,621-€5,973▲ 98.9%
Provisions for liabilities and charges: additions (uses and reversals)635/8---€0--
Other operating charges640/8---€34,383€13,550▼ 60.6%
Non-recurring operating charges66A---€55,838€269,394▲ 382%
Operating profit (loss)9901€332,571-€2.0m€930,555€1.6m€1.0m▼ 36.0%
Financial income75/76B---€50,431€43,915▼ 12.9%
Recurring financial income75€62,257€44,330€142,835€50,431€41,931▼ 16.9%
Income from financial fixed assets750---€586€1,172▲ 100%
Income from current assets751---€0€7,475-
Other financial income752/9---€49,845€33,284▼ 33.2%
Non-recurring financial income76B----€1,984-
Financial charges65/66B---€328,768€384,794▲ 17.0%
Recurring financial charges65€362,175€247,976€318,459€328,768€384,794▲ 17.0%
Debt charges650€43,266€43,708€123,176€72,522€145,807▲ 101%
Other financial charges652/9---€256,247€238,987▼ 6.7%
Profit (loss) for the period before taxes9903€32,412-€2.2m€754,932€1.3m€672,374▼ 48.4%
Income taxes67/77€4,122€3,621€2,641€29,027€1,660▼ 94.3%
Taxes670/3---€29,027€1,660▼ 94.3%
Profit (loss) for the period9904€28,290-€2.2m€752,290€1.3m€670,714▼ 47.4%
Profit (loss) for the period to be appropriated9905€21,879-€2.2m€752,290€1.3m€670,714▼ 47.4%
Line20192020202120222023Change
Assets
Total assets20/58€6.1m€7.6m€5.8m€7.5m€9.1m▲ 21.4%
Fixed assets21/28€950,439€819,491€613,732€415,991€137,502▼ 66.9%
Intangible fixed assets21€50,067€110,516€80,467€50,418€23,280▼ 53.8%
Tangible fixed assets22/27€810,973€619,577€443,866€276,174€100,960▼ 63.4%
Land and buildings22---€32,144€25,060▼ 22.0%
Plant, machinery and equipment23---€28,136€8,735▼ 69.0%
Furniture and vehicles24---€9,466€3,713▼ 60.8%
Other tangible fixed assets26---€206,427€63,451▼ 69.3%
Financial fixed assets28€89,398€89,398€89,398€89,398€13,262▼ 85.2%
Other financial fixed assets284/8---€89,398€13,262▼ 85.2%
Shares284---€76,136€0▼ 100%
Amounts receivable and cash guarantees285/8---€13,262€13,262=
Current assets29/58€5.1m€6.8m€5.2m€7.1m€9.0m▲ 26.6%
Stocks and contracts in progress3€2.2m€1.4m€2.7m€2.7m€2.9m▲ 8.2%
Stocks30/36---€2.7m€2.9m▲ 8.2%
Goods purchased for resale34---€2.7m€2.7m▲ 1.0%
Advance payments36---€0€192,315-
Amounts receivable within one year40/41€1.9m€4.6m€1.7m€3.4m€5.7m▲ 66.5%
Trade receivables40---€3.0m€5.7m▲ 89.2%
Other amounts receivable41---€417,250€7,475▼ 98.2%
Current investments50/53€1,045-----
Cash at bank and in hand54/58€860,770€660,948€649,006€937,457€288,478▼ 69.2%
Deferred charges and accrued income490/1---€30,086€54,339▲ 80.6%
Equity and liabilities
Total equity and liabilities10/49€6.1m€7.6m€5.8m€7.5m€9.1m▲ 21.4%
Equity10/15€2.8m€523,869€1.3m€2.6m€3.2m▲ 26.3%
Contributions10/11€583,417€583,417€583,417€583,417€583,417=
Capital10---€583,417€583,417=
Issued capital100---€583,417€583,417=
Reserves13€2.2m€117,530€692,742€2.0m€2.6m▲ 34.1%
Non-distributable reserves130/1---€58,342€58,342=
Legal reserve130---€58,342€58,342=
Tax-exempt reserves132---€59,188€59,188=
Distributable reserves133---€1.9m€2.5m▲ 36.2%
Profit (loss) carried forward14--€177,078€0---
Provisions and deferred taxes16-€28,857€0-€185,399-
Provisions for liabilities and charges160/5----€185,399-
Other liabilities and charges164/5----€185,399-
Amounts payable17/49€3.3m€7.1m€4.5m€5.0m€5.7m▲ 15.1%
Amounts payable after more than one year17€150,836€527,333€1.8m€1.4m€994,218▼ 30.5%
Financial debts170/4---€1.4m€994,218▼ 30.5%
Subordinated loans170---€576,189€623,679▲ 8.2%
Credit institutions173---€853,314€370,539▼ 56.6%
Amounts payable within one year42/48€3.2m€6.5m€2.7m€3.4m€4.7m▲ 39.4%
Current portion of amounts payable after more than one year42---€444,185€445,697▲ 0.3%
Financial debts43----€2.0m-
Credit institutions430/8----€2.0m-
Trade debts44€1.1m€2.2m€1.5m€2.5m€1.8m▼ 26.3%
Suppliers440/4---€2.5m€1.8m▼ 26.3%
Taxes, remuneration and social security45---€444,088€410,398▼ 7.6%
Taxes450/3---€395,964€301,966▼ 23.7%
Remuneration and social security454/9---€48,124€108,433▲ 125%
Other amounts payable47/48---€0--
Accrued charges and deferred income492/3---€182,492€48,524▼ 73.4%
Line20192020202120222023Change
Profit (loss) for the period9904€28,290-€2.2m€752,290€1.3m€670,714▼ 47.4%
+ Depreciation and write-downs630€370,594€243,516€222,286€197,741€202,352▲ 2.3%
Operating cash flow (approximation)€398,885-€2.0m€974,577€1.5m€873,066▼ 40.7%
Investment in fixed assets (approximation)--€112,569-€16,527€0€76,136-
Change in cash--€199,822-€11,942€288,451-€648,979▼ 325%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
10-07
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 02-07-2024
14-03
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
14-02
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-08
Financial Highest result since 2019net €1.3m ▲69.5%
Operating result €1.6m, net result €1.3m, both a record.
31-08
Financial Equity above €2mEq €2.6m ▲99.9%
2 profitable years in a row build equity to €2.6m.
21-03
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-08
Financial Back to profitnet €752,290
Net result €752,290 after one loss-making year.
31-08
Financial Equity above €1mEq €1.3m ▲144%
Equity rises from €523,869 to €1.3m.
06-04
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 6 days late
2020
31-08
Financial Weakest financial yearnet -€2.2m
Net result drops to -€2.2m, the lowest in the series.
15-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 76 days late
2018
26-10
NBB filing Annual accounts filed
fiscal year 2018 · full schema
Show earlier events
2017
29-11
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2016
13-10
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2015
02-10
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
24-10
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 18 acts read
About the unread acts

We know of 18 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
18 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, Nazareth-De Pinte · 1 establishment unit since 1938
seat establishment The establishment unit on the map
Ground area
3,009 m²
Building footprint
154 m²
Volume, LiDAR
1,320 m³
Parcel 44018B0343/00P000, Flanders · tallest building 9.3 m, ±3 floors. Linked by address, not a title deed.
11 companies at this address See who is registered here
1 establishment unit
Duror
's Gravendreef 24, 9810 Nazareth-De PinteNACE 51421
since 19382.003.830.255
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44018B0343/00P000 Flanders 3,009 m² 1 · 154 m² 9.3 m · 3 fl.
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.

Insolvency mandates

2 mandates
Role Name Tenure
Curator MIEKE VAN CUYCK
HOFKOUTERSTRAAT 5 A, 9890 GAVERE
02-07-2024 → present
Curator CATHARINA JANSSENS
FORT- LAAN 77, 9000 GENT
02-07-2024 → present

Structure & network

Owners and holdings

1 owner

Chain of control

  1. Duror Fashion Group 99.78%
  2. Duror

Highest known parent: Duror Fashion Group. The sources do not say who stands above it.

Owners 1

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

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 2,745 EUR awarded · 2,745 EUR paid
Year Entries awardedpaid
2022 1 2,745 EUR2,745 EUR
Schemes
1 entry · 2,745 EUR · 2,745 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Legal Entity Identifier

549300V8TG2JKDBRVV87
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 12,956 companies in sector 47120 we hold annual accounts for 2,192. 488 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded01-01-1968
Fiscal year end30-09
Activities, NACEBEL 2025
47120Other non-specialised retail sale
46412Wholesale of household textiles and bedding
Contact
Phone +32 9 385 53 11
E-invoicing
Reachable via Peppol
Peppol ID 0208:0401081538
Registered 27-08-2026

The company is no longer active; its Peppol card can remain until its access point withdraws it.

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.