DNCL
Annual accounts 2025
micro format, filed on 10-07-2026, 21 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €110,000. Estimated: probably between €83,000 and €150,000.
Balance sheet
balance sheet total €553,692 on 31-12-2025in euro
in euro
Position in the sector
18.6%
Higher than 19% of 21,334 companies in 2025.
0.40
Lower than 95% of 20,884 companies in 2025.
-4.0%
Higher than 5% of 21,184 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
553,692 | 586,232 | 142,492 | 108,370 | 74,219 | 43,163 | |
21/28 |
523,648 | 552,713 | 3,747 | 2,995 | - | 568 | |
22/27 |
523,648 | 552,713 | 3,747 | 2,995 | - | 568 | |
22 |
507,443 | 535,443 | - | - | - | - | |
23 |
2,014 | 2,531 | 3,747 | 2,995 | - | 568 | |
24 |
1,002 | - | - | - | - | - | |
26 |
13,189 | 14,739 | - | - | - | - | |
29/58 |
30,044 | 33,520 | 138,746 | 105,375 | 74,219 | 42,595 | |
40/41 |
20,540 | 12,583 | 111,660 | 25,645 | 17,289 | 2,519 | |
40 |
14,596 | 11,454 | 95,480 | 17,488 | 11,202 | 2,519 | |
41 |
5,944 | 1,129 | 16,180 | 8,158 | 6,086 | - | |
54/58 |
8,002 | 19,730 | 25,622 | 79,319 | 56,811 | 37,425 | |
490/1 |
1,502 | 1,207 | 1,464 | 411 | 119 | 2,651 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
553,692 | 586,232 | 142,492 | 108,370 | 74,219 | 43,163 | |
10/15 |
102,872 | 124,870 | 110,307 | 75,801 | 49,314 | 20,315 | |
10/11 |
300 | 300 | 300 | 300 | 300 | 300 | |
13 |
102,572 | 124,570 | 110,007 | 75,501 | 49,014 | 20,015 | |
133 |
102,572 | 124,570 | 110,007 | 75,501 | 49,014 | 20,015 | |
17/49 |
450,820 | 461,362 | 32,185 | 32,569 | 24,905 | 22,847 | |
17 |
375,662 | 402,105 | - | - | - | - | |
170/4 |
375,662 | 402,105 | - | - | - | - | |
42/48 |
75,158 | 59,257 | 20,730 | 25,909 | 22,716 | 20,873 | |
42 |
8,943 | 8,553 | - | - | - | - | |
44 |
6,881 | 0 | 2,636 | 2,929 | 1,964 | 2,219 | |
440/4 |
6,881 | 0 | 2,636 | 2,929 | 1,964 | 2,219 | |
45 |
5,789 | 10,514 | 18,093 | 22,981 | 20,752 | 6,642 | |
450/3 |
5,789 | 10,514 | 18,093 | 22,981 | 20,752 | 6,642 | |
47/48 |
53,545 | 40,190 | - | - | - | 12,012 | |
492/3 |
- | 0 | 11,455 | 6,659 | 2,189 | 1,974 | |
| Income statement | |||||||
9900 |
36,151 | 73,207 | 50,221 | 38,611 | 41,239 | 32,055 | |
630 |
30,080 | 26,533 | 1,026 | 273 | 568 | 568 | |
631/4 |
- | - | - | - | 466 | - | |
640/8 |
2,342 | 3,681 | 1,515 | 760 | 701 | 648 | |
9901 |
3,729 | 42,994 | 47,680 | 37,577 | 39,503 | 30,840 | |
75/76B |
19 | 0 | 4 | 23 | 16 | - | |
75 |
19 | 0 | 4 | 23 | 16 | - | |
65/66B |
25,562 | 23,060 | 1,853 | 749 | 595 | 230 | |
65 |
25,562 | 23,060 | 1,853 | 749 | 595 | 230 | |
9903 |
-21,814 | 19,934 | 45,831 | 36,852 | 38,924 | 30,610 | |
67/77 |
185 | 5,371 | 11,325 | 10,364 | 9,926 | 6,594 | |
9904 |
-21,999 | 14,563 | 34,506 | 26,487 | 28,999 | 24,015 | |
9905 |
-21,999 | 14,563 | 34,506 | 26,487 | 28,999 | 24,015 | |
| Appropriation of the result | |||||||
9906 |
-21,999 | 14,563 | 34,506 | 26,487 | 28,999 | 24,015 | |
791/2 |
21,999 | - | - | - | - | - | |
691/2 |
0 | 14,563 | 34,506 | 26,487 | 28,999 | 20,015 | |
6921 |
0 | 14,563 | 34,506 | 26,487 | 28,999 | 20,015 | |
694/7 |
- | - | - | - | - | 4,000 | |
695 |
- | - | - | - | - | 4,000 | |
| Document | |||||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 10-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 10-07-2026 | 2026-00277932 | |
| 31-12-2024 | micro format | 18-07-2025 | 2025-00312145 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00456742 | |
| 31-12-2022 | micro format | 26-09-2023 | 2023-00469062 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20420666 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-65800475 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 33,809 | 69,527 | 48,706 | 37,851 | 40,071 | 31,408 | ||
| 8,081 | 41,096 | 35,532 | 26,761 | 29,567 | 24,583 | ||
| 1,015 | 575,499 | 1,778 | 3,268 | 0 | 1,136 | ||
| -11,728 | -5,892 | -53,698 | 22,508 | 19,386 | - | ||
| -45,114 | -25,738 | 118,016 | 79,466 | 51,503 | 21,721 | ||
| 18.6% | 21.3% | 77.4% | 69.9% | 66.4% | 47.1% | ||
| 0.40 | 0.57 | 6.69 | 4.07 | 3.27 | 2.04 | ||
| 4.38 | 3.69 | 0.29 | 0.43 | 0.51 | 1.12 | ||
| -21.4% | 11.7% | 31.3% | 34.9% | 58.8% | 118.2% | ||
| -4.0% | 2.5% | 24.2% | 24.4% | 39.1% | 55.6% | ||
| 1.32 | 3.02 | 26.29 | 50.56 | 67.36 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Mortgages, amount registered | €110,000 | €110,000 | - | - | - |
| Carrying value of the mortgaged assets | €507,443 | €535,443 | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,015 | €575,499 | €1,778 | €3,268 | - |
| €30,080 | €26,533 | €1,026 | €273 | €568 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on DNCL
The operating result for 2025 is 91% lower than in 2024 and the lowest since 2020. It is the second fall in a row.
Debt's share of the balance-sheet total rises from 78.7% to 81.4%. Equity and debt are lower.