Durex
Open bankruptcySummary
A bankruptcy procedure is open for Durex according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €220k and a net result of €-170k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-170k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-06-2025, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
57 d early
2023
56 d early
2022
26 d early
2021
31 d early
2020
51 d early
2019
46 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€220k▼ 43.6%
2023 · €390k
2018: €922k
2019: €957k
2020: €881k
2021: €638k
2022: €468k
2023: €390k
2018 → 2024
Total assets
€1.17M▼ 17.2%
2023 · €1.41M
2018: €2.13M
2019: €2.18M
2020: €1.80M
2021: €1.66M
2022: €1.52M
2023: €1.41M
2018 → 2024
Net result
€-170k▼ 117%
2023 · €-78k
2018: €-286k
2019: €65k
2020: €-76k
2021: €-243k
2022: €-170k
2023: €-78k
2018 → 2024
Working capital
€10k▼ 94.0%
2023 · €170k
2018: €724k
2019: €758k
2020: €682k
2021: €407k
2022: €238k
2023: €170k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€881k-€638k▼ 27.6%€468k▼ 26.6%€390k▼ 16.7%€220k▼ 43.6%
Operating result€-63k-€-228k▼ 262%€-143k▲ 37.2%€-46k▲ 67.6%€-140k▼ 202%
Net result€-76k-€-243k▼ 219%€-170k▲ 30.2%€-78k▲ 53.9%€-170k▼ 117%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €140k in 2024 against €46k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.17M
Fixed assets
€359k ▼ 2.8%
Current assets
€811k ▼ 22.3%
Equity and liabilities €1.17M
Equity
€220k ▼ 43.6%
Provisions
€149k =
Debt
€801k ▼ 8.3%
Debt's share of the balance-sheet total rises from 61.9% to 68.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-130k▼
2023 · €-36k
Cash flow
€-160k▼
2023 · €-68k
Current ratio
1.01▼
2023 · 1.19
Quick ratio
0.38▲
2023 · 0.19
Debt to equity
3.64▲
2023 · 2.24
ROE
-77.2%▼
2023 · -20.1%
ROA
-14.5%▼
2023 · -5.5%
Interest coverage
-4.35▼
2023 · -1.13
Debt ≤ 1 year
€801k▼
2023 · €874k
Staff costs
€75k▼
2023 · €109k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 56 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.41M€1.17M▼
Fixed assets21/28€369k€359k▼
Tangible fixed assets22/27€23k€13k▼
Plant, machinery and equipment23€20k€12k▼
Furniture and vehicles24€3k€489▼
Financial fixed assets28€346k€346k=
Current assets29/58€1.04M€811k▼
Stocks and contracts in progress3€874k€510k▼
Stocks30/36€874k€510k▼
Amounts receivable within one year40/41€88k€254k▲
Trade receivables40€84k€235k▲
Other amounts receivable41€4k€18k▲
Cash at bank and in hand54/58€63k€32k▼
Deferred charges and accrued income490/1€19k€16k▼
Equity and liabilities
Total equity and liabilities10/49€1.41M€1.17M▼
Equity10/15€390k€220k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€380k€380k=
Non-distributable reserves130/1€25k€25k=
Legal reserve130€6k€6k=
Reserves not available under the articles1311€19k€19k=
Tax-exempt reserves132€0-
Distributable reserves133€355k€355k=
Profit (loss) carried forward14€-51k€-221k▼
Provisions and deferred taxes16€149k€149k=
Provisions for liabilities and charges160/5€149k€149k=
Pensions and similar obligations160€149k€149k=
Amounts payable17/49€874k€801k▼
Amounts payable within one year42/48€874k€801k▼
Financial debts43€485k€360k▼
Credit institutions430/8€485k€360k▼
Trade debts44€369k€428k▲
Suppliers440/4€369k€428k▲
Taxes, remuneration and social security45€10k€4k▼
Remuneration and social security454/9€10k€4k▼
Other amounts payable47/48€10k€9k▼
Income statement
Code20232024
Non-recurring operating income76A€64k€0▼
Remuneration, social security and pensions62€109k€75k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▼
Other operating charges640/8€11k€21k▲
Non-recurring operating charges66A-€530
Gross operating margin9900€84k€-34k▼
Operating profit (loss)9901€-46k€-140k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€32k€30k▼
Recurring financial charges65€32k€30k▼
Profit (loss) for the period before taxes9903€-78k€-170k▼
Income taxes67/77€0-
Profit (loss) for the period9904€-78k€-170k▼
Profit (loss) for the period to be appropriated9905€-78k€-170k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-51k€-221k▼
Profit (loss) brought forward from the previous period14P€27k€-51k▼
Social balance
Average headcount (FTE)90873.03.0=
The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
27-02
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · DUREX NV WALGOED- STRAAT 2, 9140 TEMSE · event 23-02-2026
2025
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €65k
Net result €65k after one loss-making year.
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Temse · 1 establishment unit since 1993
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.
Walgoedstraat 29140 TemseGround area
1.2 ha
Building footprint
2,602 m²
Volume, LiDAR
16,515 m³
Parcel 46025B0200/05C000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DUREX
since 19932.004.576.660
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46025B0200/05C000 | Flanders | 1.2 ha | 1 · 2,602 m² | 9.5 m · 2 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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | PIETER PAUWELS VAN HAVERMAETSTRAAT 36,
9100 SINT-NIKLAAS |
23-02-2026 → present |
| Curator | VINCENT GLAS VAN
HAVERMAETSTRAAT 36, 9100 SINT-NIKLAAS |
23-02-2026 → present |
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Of 599 companies in sector 10111 we hold annual accounts for 329. 238 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-04-1947
Fiscal year end31-12
Activities, NACEBEL 2025
10111Manufacture of food products
10130Manufacture of food products
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.