MICHEL DURANT
ActiveMICHEL DURANT has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €153k and a net result of €-12k. Equity is shrinking by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 55% of 18281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability65▲+8
Solvency65▲+2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity short (current ratio 0.12 against 0.2 in 2024; short-term debt: 50% and cash: 1% of total assets), and 59.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
30 d late
2023
29 d late
2022
31 d late
2021
30 d late
2020
30 d late
2019
90 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€153k▼ 7.0%
2024 · €164k
2018: €530k
2019: €518k
2020: €258k
2021: €239k
2022: €215k
2023: €162k
2024: €164k
2018 → 2025
Total assets
€379k▼ 11.7%
2024 · €429k
2018: €730k
2019: €700k
2020: €428k
2021: €539k
2022: €537k
2023: €484k
2024: €429k
2018 → 2025
Net result
€-12k
2024 · €2k
2018: €-14k
2019: €-13k
2020: €-260k
2021: €-19k
2022: €-25k
2023: €-53k
2024: €2k
2018 → 2025
Working capital
€-167k▼ 0.7%
2024 · €-166k
2018: €-99k
2019: €-99k
2020: €-140k
2021: €-67k
2022: €-112k
2023: €-147k
2024: €-166k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€239k-€215k▼ 10.3%€162k▼ 24.4%€164k▲ 1.2%€153k▼ 7.0%
Operating result€-10k-€-16k▼ 55.8%€-42k▼ 170%€11k€-10k
Net result€-19k-€-25k▼ 31.2%€-53k▼ 113%€2k€-12k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €10k after €11k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €379k
Fixed assets
€357k▼ 8.1%
Current assets
€22k▼ 45.9%
Equity and liabilities €379k
Equity
€153k▼ 7.0%
Debt
€226k▼ 14.5%
The debt ratio falls from 61.7% to 59.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€21k▼
2024 · €42k
Cash flow
€19k▼
2024 · €33k
Solvency
40.3%▲
2024 · 38.3%
Current ratio
0.12▼
2024 · 0.20
Quick ratio
0.02▲
2024 · 0.01
Debt / equity
1.48▼
2024 · 1.61
ROE
-7.6%▼
2024 · 1.2%
ROA
-3.1%▼
2024 · 0.5%
Interest coverage
14.26▲
2024 · 4.52
Debt
€226k▼
2024 · €265k
Debt ≤ 1 year
€189k▼
2024 · €207k
Debt > 1 year
€25k▼
2024 · €47k
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€429k€379k▼
Fixed assets21/28€388k€357k▼
Intangible fixed assets21€11k€399▼
Tangible fixed assets22/27€377k€357k▼
Land and buildings22€375k€356k▼
Furniture and vehicles24€1k€511▼
Financial fixed assets28€639€0▼
Current assets29/58€41k€22k▼
Stocks and contracts in progress3€38k€18k▼
Stocks30/36€38k€18k▼
Amounts receivable within one year40/41€193€224▲
Trade receivables40€193€224▲
Cash at bank and in hand54/58€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€429k€379k▼
Equity10/15€164k€153k▼
Contributions10/11€19k€19k=
Revaluation surpluses12€400k€400k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-256k€-268k▼
Amounts payable17/49€265k€226k▼
Amounts payable after more than one year17€47k€25k▼
Financial debts170/4€47k€25k▼
Amounts payable within one year42/48€207k€189k▼
Current portion of amounts payable after more than one year42€22k€22k▲
Trade debts44-€626
Suppliers440/4-€626
Taxes, remuneration and social security45€5k€4k▼
Taxes450/3€5k€4k▼
Other amounts payable47/48€180k€163k▼
Accrued charges and deferred income492/3€11k€12k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€31k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€13k€7k▼
Other operating charges640/8€8k€5k▼
Gross operating margin9900€63k€33k▼
Operating profit (loss)9901€11k€-10k▼
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€9k€1k▼
Recurring financial charges65€9k€1k▼
Profit (loss) for the period before taxes9903€2k€-12k▼
Profit (loss) for the period9904€2k€-12k▼
Profit (loss) for the period to be appropriated9905€2k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-256k€-268k▼
Profit (loss) brought forward from the previous period14P€-258k€-256k▲
The notes to these accounts (12 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after 6 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €-260k
Net result drops to €-260k, the lowest in the series; recovery starts the following year.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
04-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 126 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Elsene · 1 establishment unit since 1981
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.
Luikenaarsstraat 47-491050 ElseneGround area
136 m²
Building footprint
182 m²
Volume, LiDAR
2,250 m³
Parcel 21443C0014/00A003, Brussels · tallest building 19.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Luikenaarsstraat 47 4, 1050 Elsene
since 19812.019.661.645
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21443C0014/00A003 | Brussels | 136 m² | 1 · 182 m² | 19.4 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 949 companies in sector 47792 we hold annual accounts for 184. 128 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-09-1981
Fiscal year end31-12
Activities, NACEBEL
47792Retail sale of second-hand clothing
43240Other construction installation
47512Retail sale of household textiles and bedding
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
71112Activities of interior architects
74130Interior design
Sources
Crossroads Bank for EnterprisesNational Bank · 43 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.