Equity
€493,049 from €826,250 in 2009
Equity fell by 40% in 16 years.
DUO
Lifetime
19 annual accounts with figures on one time axis, 28 filings since 1998peak €2.8m (2023)
€2.2m▲ 126%
lowest -€53,555 (2024)
€48,395▲ €101,950
peak €826,250 (2009)
€493,049▲ 10.9%
€964,446▼ 20.1%
peak 36.7 FTE (2016)
29.1 FTE▲ 2.1%
Board6 names since 2018
2 directorsThe Craftsmen BV and 1 other
Owners2 names in the annual accounts
100%MAKE IT FLY
Documentsfilings and deeds
14-04-2026108 days before the deadline
2025abbreviated format
Gross margin from €962,783 to €2.2mBack to profit: €48,3952 directors appointed, 2 resignations 21-01Debts from €1.2m to €964,446Cash from €85,001 to €150,676
Key points
from the 2025 annual accounts, the last ones filedResult
€48,395 €48,395
Back in profit in 2025, after a loss of €53,555 in 2024.
Investments
€10,885 0.1 × depreciation
Green is investment, beige is depreciation.
Staff
29 employees on 31-12-2025
In 2025, 4 people joined and 3 left.
Filings
28 annual accounts 29 filings since 1998
The last five annual accounts were filed 22 to 108 days before the end of the period.
Restructuring
2026
Merger with NASCOM. Merger on 29-10-2026.
No score
Recent changes
Merger: absorbed by Make It Fly
Permanent representatives: CARDINAEL Mathieu Monique Yves and LUYTEN Anton · Make It Fly holds all the shares · Director discharge: The Craftsmen · Gazette deed
2 directors appointed, 2 resignations
Resignations: The Craftsmen BV (managing director) and Balata BV · Appointments: The Craftsmen BV (managing director) and Balata BV · Gazette deed
Merger proposal: DUO takes over NASCOM
Permanent representatives: CARDINAEL Mathieu and LUYTEN Anton · The company holds all the shares of NASCOM · Board meeting of 29-06-2026 · Gazette deed
Official details
Source: KBO- Status
- Absorbed by Make It Flymerger by absorption, September 2026
- Legal form
- Public limited company
- Activity
- “Het ontwikkelen van software voor Internet en Intranet toepassingen en voor het realiseren van…” (deed in Dutch)From the articles, 7 activitiesNo NACE code in the KBO yet
- Joint committee
- 227Audiovisual sector · annual accounts 2025
- Financial year end
- 31 December
- Peppol
- Reachable since 13-10-2025
Annual accounts 2025
- ≈ €3.7mestimated
- €1.5m▼ 11.7%
- Employeeson 31-12-2025
- 29=
- Filing
- Filed on 14-04-2026
Companies linked to DUO
Parent and group
Insights on DUO
Absorbed by Make It Fly in September 2026. The last annual accounts are for financial year 2025. The company was dissolved on 15-06-2023. The liquidation was closed.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DUO
- What is the company number of DUO?
- The company number of DUO is 0459.418.625. The VAT number is the same number with BE in front: BE 0459.418.625.
- What is the legal form of DUO?
- DUO is a public limited company (NV).
- Is DUO still active?
- No. DUO is inactive in the KBO register.Company details
- How many employees did DUO have?
- DUO had an average of 29.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does DUO fall under?
- In its 2025 annual accounts, DUO states joint committee 227 (Audiovisual sector).
- What is the turnover of DUO?
- The turnover in financial year 2025 is ≈ €3.7m. This figure is estimated from the gross margin of €2.2m and 1,585 comparable companies of the same size. It probably lies between €2.5m and €6.2m. It is a rough estimate.
- Is DUO profitable?
- In financial year 2025, DUO made a profit of €48,395.
- Where can I find the annual accounts of DUO?
- DUO filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
Next steps
See what became of the directors' other companies.Supplier due diligence See who ran this company and where its registered office was, on a date of your choice.Company as of a date Find how this company is connected to another party.Network investigator See the other companies in the same group.Dynamate Holding · 12 companies