DUBRUL
Annual accounts 2025
abbreviated format, filed on 23-07-2026, 8 days before the deadlineTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €2.9m. Estimated: probably between €2.0m and €4.6m.
Balance sheet
balance sheet total €1.4m on 31-12-2025in euro
in euro
Position in the sector
67.0%
Higher than 79% of 12,852 companies in 2025.
1.86
Higher than 60% of 12,642 companies in 2025.
13.5%
Higher than 81% of 12,716 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: middle half · Staff: top quarter
Staff
€60,116
Staff costs divided by the average number of full-time equivalents.
-1 person
In 2025, 18 people joined and 19 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
1.4m | 1.2m | 1.3m | 1.1m | 1.2m | 990,107 | 871,701 | 868,595 | 884,787 | 1.0m | 889,043 | 916,245 | 669,073 | 407,184 | 435,970 | 531,091 | 367,940 | |
20 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | |
21/28 |
821,577 | 724,222 | 664,327 | 705,830 | 664,459 | 638,639 | 626,200 | 650,021 | 696,271 | 749,531 | 660,566 | 727,261 | 350,806 | 396,975 | 401,580 | 406,185 | 350,000 | |
22/27 |
820,759 | 718,905 | 659,009 | 700,512 | 659,141 | 633,321 | 620,882 | 644,704 | 695,454 | 748,713 | 659,748 | 726,443 | 349,989 | 196,975 | 201,580 | 206,185 | - | |
22 |
739,827 | 598,668 | 495,577 | 532,109 | 551,569 | 535,118 | 529,596 | 523,662 | 552,769 | 581,877 | 599,957 | 629,059 | 207,693 | 196,975 | 201,580 | 206,185 | - | |
23 |
53,281 | 76,228 | 100,608 | 107,738 | 90,309 | 74,590 | 60,456 | 49,195 | 43,493 | 38,707 | 31,590 | 50,060 | 78,418 | - | - | - | - | |
24 |
10,099 | 15,017 | 22,392 | 8,793 | 17,263 | 23,613 | 30,831 | 71,847 | 99,191 | 128,128 | 28,201 | 47,323 | 63,878 | - | - | - | - | |
25 |
17,552 | 28,992 | 40,433 | 51,873 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
26 |
- | - | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | |
28 |
818 | 5,318 | 5,318 | 5,318 | 5,318 | 5,318 | 5,318 | 5,318 | 818 | 818 | 818 | 818 | 818 | 200,000 | 200,000 | 200,000 | 350,000 | |
29/58 |
537,760 | 520,581 | 592,367 | 426,599 | 537,084 | 351,468 | 245,501 | 218,573 | 188,515 | 275,486 | 228,477 | 188,985 | 318,266 | 10,209 | 34,390 | 124,906 | 17,940 | |
29 |
50,000 | 100,000 | 150,000 | 200,000 | 250,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
291 |
50,000 | 100,000 | 150,000 | 200,000 | 250,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
3 |
33,131 | 42,035 | 44,127 | 35,042 | 28,999 | 25,123 | 31,572 | 25,962 | 16,396 | 10,236 | 16,837 | 16,346 | 13,622 | - | - | - | - | |
30/36 |
33,131 | 42,035 | 44,127 | 35,042 | 28,999 | 25,123 | 31,572 | 25,962 | 16,396 | 10,236 | 16,837 | 16,346 | 13,622 | - | - | - | - | |
40/41 |
213,877 | 158,502 | 244,166 | 61,986 | 58,471 | 56,247 | 59,078 | 38,839 | 37,639 | 67,380 | 86,253 | 66,450 | 62,738 | 7,597 | 13,917 | 13,933 | 1,679 | |
40 |
63,762 | 86,479 | 99,852 | 47,096 | 28,344 | 20,132 | 11,845 | 14,353 | 7,131 | 6,404 | 4,428 | 7,943 | 12,769 | - | - | - | - | |
41 |
150,115 | 72,023 | 144,315 | 14,889 | 30,127 | 36,115 | 47,233 | 24,486 | 30,508 | 60,976 | 81,825 | 58,508 | 49,969 | 7,597 | 13,917 | 13,933 | 1,679 | |
50/53 |
8,233 | 8,233 | 8,233 | 8,233 | 8,233 | 8,233 | 8,233 | 8,233 | 8,233 | 11,803 | 11,803 | 11,803 | 11,803 | - | - | - | - | |
54/58 |
232,520 | 211,811 | 143,410 | 121,339 | 191,381 | 261,865 | 146,619 | 145,539 | 96,267 | 76,986 | 107,982 | 90,559 | 218,600 | 2,612 | 20,473 | 110,973 | 16,261 | |
490/1 |
- | 0 | 2,430 | - | - | - | - | - | 29,981 | 109,082 | 5,603 | 3,826 | 11,504 | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
1.4m | 1.2m | 1.3m | 1.1m | 1.2m | 990,107 | 871,701 | 868,595 | 884,787 | 1.0m | 889,043 | 916,245 | 669,073 | 407,184 | 435,970 | 531,091 | 367,940 | |
10/15 |
910,563 | 727,221 | 711,777 | 604,031 | 502,524 | 389,729 | 236,613 | 220,506 | 133,241 | 110,294 | 107,840 | 106,093 | 104,050 | 23,653 | 27,220 | 26,862 | 26,023 | |
10/11 |
20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
100 |
- | - | - | - | - | - | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
13 |
829,184 | 645,842 | 630,398 | 522,652 | 421,145 | 308,350 | 155,234 | 94,127 | 6,862 | 6,862 | 6,862 | 6,862 | 6,862 | 6,862 | 6,862 | 6,862 | 6,023 | |
130/1 |
- | - | 0 | 2,000 | 2,000 | 2,000 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
1311 |
- | - | 0 | 2,000 | 2,000 | 2,000 | - | - | - | - | - | - | - | - | - | - | - | |
133 |
829,184 | 645,842 | 630,398 | 520,652 | 419,145 | 306,350 | 153,234 | 92,127 | 4,862 | 4,862 | 4,862 | 4,862 | 4,862 | 4,862 | 4,862 | 4,862 | 4,023 | |
14 |
61,379 | 61,379 | 61,379 | 61,379 | 61,379 | 61,379 | 61,379 | 106,379 | 106,379 | 83,432 | 80,978 | 79,231 | 77,188 | -3,209 | 358 | - | - | |
17/49 |
448,774 | 517,582 | 544,916 | 528,399 | 699,019 | 600,378 | 635,088 | 648,089 | 751,546 | 914,723 | 781,203 | 810,152 | 565,022 | 383,531 | 408,750 | 504,229 | 341,917 | |
17 |
157,561 | 235,725 | 250,716 | 302,569 | 301,758 | 332,453 | 347,431 | 409,750 | 471,210 | 481,242 | 502,598 | 552,023 | 401,596 | 361,214 | 374,757 | 387,676 | 336,470 | |
170/4 |
157,561 | 235,725 | 250,716 | 302,569 | 301,758 | 332,453 | 347,431 | 409,750 | 471,210 | 481,242 | 502,598 | 552,023 | 401,596 | 361,214 | 374,757 | 387,676 | 336,470 | |
42/48 |
288,498 | 281,858 | 294,200 | 225,830 | 397,261 | 267,925 | 287,657 | 238,339 | 280,336 | 423,438 | 278,605 | 258,129 | 163,426 | 22,316 | 33,993 | 116,553 | 5,447 | |
42 |
78,164 | 70,006 | 71,960 | 80,379 | 65,901 | 61,089 | 51,350 | 61,460 | 63,450 | 48,884 | 49,425 | 63,496 | 42,773 | 13,542 | 12,919 | - | - | |
43 |
25,000 | 25,000 | 60,000 | 25,000 | 55,000 | 58,375 | 25,000 | 25,000 | 25,000 | 38,352 | 35,000 | 50,000 | - | - | - | 12,324 | - | |
430/8 |
25,000 | 25,000 | 60,000 | 25,000 | 55,000 | - | - | - | - | - | - | - | - | - | - | 12,324 | - | |
439 |
- | - | - | - | - | 58,375 | 25,000 | 25,000 | 25,000 | 38,352 | 35,000 | 50,000 | - | - | - | - | - | |
44 |
135,715 | 128,601 | 112,061 | 71,583 | 120,460 | 128,947 | 154,235 | 131,411 | 119,308 | 249,610 | 102,096 | 100,890 | 90,914 | 33 | 33 | - | - | |
440/4 |
135,715 | 128,601 | 112,061 | 71,583 | 120,460 | 128,947 | 154,235 | 131,411 | 119,308 | 249,610 | 102,096 | 100,890 | 90,914 | 33 | 33 | - | - | |
45 |
49,523 | 58,251 | 50,179 | 24,510 | 8,969 | 13,155 | 25,573 | 20,468 | 37,578 | 41,092 | 39,584 | 28,743 | 29,739 | - | 5,980 | - | - | |
450/3 |
19,155 | 2,756 | 0 | 3,354 | 1,135 | 0 | 13,500 | 11,033 | 24,583 | 32,397 | 17,500 | 5,000 | - | - | 5,980 | - | - | |
454/9 |
30,368 | 55,495 | 50,179 | 21,156 | 7,834 | 13,155 | 12,073 | 9,435 | 12,995 | 8,695 | 22,084 | 23,743 | 29,739 | - | - | - | - | |
47/48 |
96 | - | 0 | 24,358 | 146,931 | 6,359 | 31,500 | - | 35,000 | 45,500 | 52,500 | 15,000 | - | 8,741 | 15,061 | 104,229 | 5,447 | |
492/3 |
2,716 | - | - | - | - | - | - | - | - | 10,043 | - | - | - | - | - | - | - | |
| Income statement | ||||||||||||||||||
76A |
0 | 1,772 | 15,308 | 2,095 | - | 0 | 7,977 | - | - | 17,404 | - | 5,000 | 110,434 | - | - | - | - | |
9900 |
669,249 | 716,694 | 632,667 | 481,464 | 445,759 | 562,672 | 356,749 | 378,008 | 431,071 | 331,679 | 378,213 | 366,642 | 210,063 | 21,354 | 38,508 | 24,998 | 24,748 | |
62 |
444,860 | 439,307 | 368,026 | 255,181 | 207,566 | 263,180 | 191,726 | 157,953 | 220,306 | 132,170 | 183,912 | 227,634 | 100,885 | - | - | - | - | |
630 |
106,319 | 86,678 | 85,583 | 70,309 | 57,278 | 56,890 | 54,181 | 69,447 | 70,327 | 54,862 | 75,285 | 84,191 | 62,686 | 4,605 | 4,605 | 13,815 | 850 | |
640/8 |
9,495 | 4,798 | 9,772 | 8,457 | 4,693 | 4,284 | 5,648 | 4,406 | 4,299 | 4,330 | 4,239 | 6,667 | 3,787 | 2,256 | 2,377 | 889 | 979 | |
66A |
- | - | - | - | - | 0 | 340 | - | - | 4,800 | - | - | - | - | - | - | - | |
9901 |
108,575 | 185,911 | 169,286 | 147,518 | 176,222 | 238,317 | 104,854 | 146,202 | 136,139 | 140,317 | 114,777 | 48,150 | 42,705 | 14,493 | 31,526 | 10,294 | 22,919 | |
75/76B |
185,794 | 10,240 | 6,124 | 5,550 | 68 | 50 | 66 | 189 | 107 | 17,619 | 274 | 867 | 531 | 13 | 31 | 52 | 63 | |
75 |
9,310 | 10,240 | 6,124 | 5,550 | 68 | 50 | 66 | 189 | 107 | 214 | 274 | 867 | 531 | 13 | 31 | 52 | 63 | |
76B |
176,484 | - | - | - | - | - | - | - | - | 17,404 | - | - | - | - | - | - | - | |
65/66B |
27,057 | 21,054 | 20,237 | 18,207 | 17,566 | 22,233 | 22,607 | 23,115 | 23,699 | 30,119 | 26,680 | 27,356 | 72,719 | 18,071 | 18,894 | 9,075 | 13,530 | |
65 |
27,057 | 21,054 | 20,237 | 18,207 | 17,566 | 22,233 | 22,607 | 23,115 | 23,699 | 25,319 | 26,680 | 27,356 | 72,719 | 18,071 | 18,894 | 9,075 | 13,530 | |
66B |
- | - | - | - | - | - | - | - | - | 4,800 | - | - | - | - | - | - | - | |
9903 |
267,312 | 175,098 | 155,173 | 134,860 | 158,724 | 216,135 | 82,313 | 123,277 | 112,547 | 127,817 | 88,371 | 26,661 | 80,950 | -3,565 | 12,663 | 1,271 | 9,452 | |
67/77 |
83,970 | 47,963 | 47,426 | 33,354 | 45,929 | 63,019 | 21,206 | 36,012 | 39,600 | 60,363 | 16,624 | 4,618 | 554 | 2 | 4,305 | 432 | 3,429 | |
9904 |
183,342 | 127,135 | 107,747 | 101,506 | 112,796 | 153,115 | 61,108 | 87,264 | 72,947 | 67,454 | 71,747 | 22,043 | 80,397 | -3,567 | 8,358 | 839 | 6,023 | |
9905 |
183,342 | 127,135 | 107,747 | 101,506 | 112,796 | 153,115 | 61,108 | 87,264 | 72,947 | 67,454 | 71,747 | 22,043 | 80,397 | -3,567 | 8,358 | 839 | 6,023 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
244,721 | 188,514 | 169,126 | 162,885 | 174,175 | 214,494 | 167,487 | 193,643 | 156,379 | 148,432 | 150,978 | 99,231 | 77,188 | -3,209 | 8,358 | 839 | 6,023 | |
14P |
61,379 | 61,379 | 61,379 | 61,379 | 61,379 | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
0 | 87,264 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
183,342 | 102,708 | 107,747 | 101,506 | 112,796 | 153,115 | 61,108 | 87,264 | - | - | - | - | - | - | - | 839 | 6,023 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,000 | |
6921 |
183,342 | 102,708 | 107,747 | 101,506 | 112,796 | 153,115 | 61,108 | 87,264 | - | - | - | - | - | - | - | 839 | 4,023 | |
694/7 |
0 | 111,691 | - | - | - | 0 | 45,000 | - | 50,000 | 65,000 | 70,000 | 20,000 | - | - | 8,000 | - | - | |
694 |
0 | 111,691 | - | - | - | 0 | 45,000 | - | 50,000 | 65,000 | 70,000 | 20,000 | - | - | 8,000 | - | - | |
| Social balance sheet | ||||||||||||||||||
9087 |
7.4 | 8.5 | 7.2 | 1.1 | 3.9 | 5.5 | 4.8 | 4.4 | 6 | 4 | 4.7 | 5.5 | 5.4 | - | - | - | - | |
Hours worked1013 |
14,923 | 16,360 | 12,810 | 1,683 | 7,382 | 10,320 | 8,509 | 7,989 | 10,494 | 6,753 | 8,467 | 9,994 | 4,823 | - | - | - | - | |
| Document | ||||||||||||||||||
The notes to these accounts have 18 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 23-07-2026.
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 | abbreviated format | 23-07-2026 | 2026-00320573 | |
| 31-12-2024 | abbreviated format | 30-06-2025 | 2025-00193348 | |
| 31-12-2023 | abbreviated format | 15-07-2024 | 2024-00243291 | |
| 31-12-2022 | abbreviated format | 28-06-2023 | 2023-00165995 | |
| 31-12-2021 | abbreviated format | 15-06-2022 | 2022-20063632 | |
| 31-12-2020 | abbreviated format | 28-06-2021 | 2021-26400131 | |
| 31-12-2019 | abbreviated format | 02-07-2020 | 2020-24900353 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-62900101 | |
| 31-12-2017 | abbreviated format | 14-06-2018 | 2018-19600405 | |
| 31-12-2016 | abbreviated format | 07-06-2017 | 2017-15800037 | |
| 31-12-2015 | abbreviated format | 07-06-2016 | 2016-16200036 | |
| 31-12-2014 | abbreviated format | 04-06-2015 | 2015-15200106 | |
| 31-12-2013 | abbreviated format | 18-08-2014 | 2014-43400305 | |
| 31-12-2012 | abbreviated format | 05-06-2013 | 2013-15600484 | |
| 31-12-2011 | abbreviated format | 08-06-2012 | 2012-15900577 | |
| 31-12-2010 | abbreviated format | 28-06-2011 | 2011-22100149 | |
| 31-12-2009 | abbreviated format | 29-06-2010 | 2010-23700140 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 214,894 | 272,589 | 254,869 | 217,826 | 233,499 | 295,208 | 159,035 | 215,649 | 206,466 | 195,179 | 190,062 | 132,341 | 105,391 | 19,098 | 36,131 | 24,109 | 23,769 | ||
| 289,661 | 213,813 | 193,330 | 171,815 | 170,073 | 210,006 | 115,288 | 156,712 | 143,274 | 122,316 | 147,032 | 106,234 | 143,083 | 1,038 | 12,963 | 14,654 | 6,873 | ||
| 208,174 | 147,942 | 79,522 | 111,680 | 83,098 | 69,329 | 98,314 | 23,198 | 17,067 | 167,473 | 8,590 | 460,645 | 900,937 | 0 | 0 | 220,000 | 350,850 | ||
| 20,709 | 68,400 | 22,072 | -70,042 | -70,484 | 115,246 | 1,080 | 49,272 | 19,281 | -30,996 | 17,423 | -128,041 | 215,988 | -17,861 | -90,500 | 94,712 | - | ||
| 249,262 | 238,723 | 298,167 | 200,770 | 139,824 | 83,542 | -42,156 | -19,766 | -91,821 | -147,952 | -50,128 | -69,145 | 154,840 | -12,107 | 397 | 8,353 | 12,493 | ||
| 67.0% | 58.4% | 56.6% | 53.3% | 41.8% | 39.4% | 27.1% | 25.4% | 15.1% | 10.8% | 12.1% | 11.6% | 15.6% | 5.8% | 6.2% | 5.1% | 7.1% | ||
| 1.86 | 1.85 | 2.01 | 1.89 | 1.35 | 1.31 | 0.85 | 0.92 | 0.67 | 0.65 | 0.82 | 0.73 | 1.95 | 0.46 | 1.01 | 1.07 | 3.29 | ||
| 1.75 | 1.70 | 1.86 | 1.73 | 1.28 | 1.22 | 0.74 | 0.81 | 0.61 | 0.63 | 0.76 | 0.67 | 1.86 | 0.46 | 1.01 | 1.07 | 3.29 | ||
| 0.49 | 0.71 | 0.77 | 0.87 | 1.39 | 1.54 | 2.68 | 2.94 | 5.64 | 8.29 | 7.24 | 7.64 | 5.43 | 16.21 | 15.02 | 18.77 | 13.14 | ||
| 20.1% | 17.5% | 15.1% | 16.8% | 22.4% | 39.3% | 25.8% | 39.6% | 54.7% | 61.2% | 66.5% | 20.8% | 77.3% | -15.1% | 30.7% | 3.1% | 23.1% | ||
| 13.5% | 10.2% | 8.6% | 9.0% | 9.4% | 15.5% | 7.0% | 10.0% | 8.2% | 6.6% | 8.1% | 2.4% | 12.0% | -0.9% | 1.9% | 0.2% | 1.6% | ||
| 7.94 | 12.95 | 12.59 | 11.96 | 13.29 | - | - | - | - | - | - | - | - | - | - | - | - |
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.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 6 | 8 | 8 | 2 | 5 |
| full-time | 4 | 5 | 5 | 1 | 4 |
| part-time | 2 | 3 | 3 | 1 | 1 |
| in full-time equivalents | 5.5 | 6.9 | 6.9 | 1.7 | 4.5 |
| 7.4 | 8.5 | 7.2 | 1.1 | 3.9 | |
| On a permanent contract | 6 | 6 | 7 | 1 | 5 |
| Joined | 18 | 22 | 19 | 3 | 7 |
| Left | 19 | 21 | 17 | 2 | 6 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €208,174 | €147,942 | €79,522 | €111,680 | €83,098 |
| Financial fixed assets | €0 | - | - | - | - |
| €106,319 | €86,678 | €85,583 | €70,309 | €57,278 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on DUBRUL
The operating result for 2025 is 42% lower than in 2024 and the lowest since 2019.
Debt's share of the balance-sheet total falls from 41.6% to 33.0%. Equity is higher and debt is lower.