DUVAR
Annual accounts 2025
micro format, filed on 22-07-2026, 9 days before the deadline€5,100
▼ 94.6%
€4,572
▼ 95.1%
-€4,650
▼ €59,702
€251,024
▼ 54.6%
22.3%
▼ 1.4 percentage points
1.77
▼ 56.37
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €20,000. Estimated: probably between €11,000 and €50,000.
Balance sheet
balance sheet total €578,306 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
22.3%
Higher than 44% of 17,194 companies in 2025.
1.77
Higher than 64% of 16,491 companies in 2025.
-0.8%
Higher than 32% of 16,870 companies in 2025.
DUVAR
Middle half of the sector
80% of the sector
Micro accounts in real estate (NACE 68)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
578,306 | 562,830 | 302,088 | 23,200 | 120,861 | 136,624 | 561,027 | 836,105 | 824,041 | 386,453 | 287,019 | |
21/28 |
- | - | - | - | - | - | 476,928 | 806,739 | 795,392 | 334,494 | 215,149 | |
22/27 |
- | - | - | - | - | - | 476,928 | 806,739 | 795,392 | 334,494 | 215,149 | |
22 |
- | - | - | - | - | - | 476,928 | 806,739 | 795,392 | 334,494 | 215,149 | |
29/58 |
578,306 | 562,830 | 302,088 | 23,200 | 120,861 | 136,624 | 84,099 | 29,366 | 28,649 | 51,960 | 71,869 | |
3 |
565,284 | 442,598 | 35,379 | 0 | 1,500 | - | - | - | - | - | - | |
30/36 |
565,284 | 442,598 | 35,379 | 0 | 1,500 | - | - | - | - | - | - | |
40/41 |
4,026 | 2,696 | 125,828 | 1,660 | 1,755 | 26,673 | 5,736 | 19,304 | 2,466 | 38,686 | 29,119 | |
40 |
3,926 | 2,537 | 125,828 | 1,659 | 1,755 | 20,654 | 544 | 9,357 | 2,466 | 38,686 | 29,119 | |
41 |
99 | 159 | 0 | 1 | - | 6,020 | 5,192 | 9,947 | - | - | - | |
54/58 |
8,420 | 116,403 | 140,881 | 21,519 | 117,606 | 109,950 | 78,364 | 10,062 | 26,183 | 13,272 | 42,742 | |
490/1 |
576 | 1,133 | 0 | 21 | - | - | - | - | - | 2 | 8 | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
578,306 | 562,830 | 302,088 | 23,200 | 120,861 | 136,624 | 561,027 | 836,105 | 824,041 | 386,453 | 287,019 | |
10/15 |
129,049 | 133,699 | 78,647 | -10,865 | -13,110 | -10,158 | 54,838 | 19,169 | 34,781 | 31,344 | 24,498 | |
10/11 |
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 | |
13 |
113,699 | 113,699 | 58,647 | 34,838 | 34,838 | 34,838 | 34,838 | 6,273 | 6,273 | 4,841 | 4,498 | |
130/1 |
- | - | - | - | - | 2,000 | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 2,000 | 2,000 | 2,000 | 568 | 225 | |
1311 |
- | - | - | - | - | 2,000 | - | - | - | - | - | |
133 |
113,699 | 113,699 | 58,647 | 34,838 | 34,838 | 32,838 | 32,838 | 4,273 | 4,273 | 4,273 | 4,273 | |
14 |
-4,650 | - | 0 | -65,702 | -67,948 | -64,995 | - | -7,104 | 8,507 | 6,503 | - | |
17/49 |
449,257 | 429,130 | 223,441 | 34,065 | 133,971 | 146,781 | 506,189 | 816,937 | 789,260 | 355,109 | 262,520 | |
17 |
115,000 | 415,000 | 100,000 | 25,000 | 124,000 | 124,000 | 124,000 | 185,500 | 176,000 | 52,000 | 40,000 | |
170/4 |
115,000 | 415,000 | 100,000 | 25,000 | 124,000 | 124,000 | 124,000 | 185,500 | 176,000 | 52,000 | 40,000 | |
42/48 |
327,282 | 9,682 | 120,315 | 8,001 | 7,367 | 20,177 | 379,928 | 631,407 | 608,445 | 302,484 | 221,920 | |
42 |
315,000 | - | - | - | - | 1,667 | 1,667 | 255,316 | 202,793 | - | - | |
43 |
- | - | - | - | - | - | 355,000 | 355,000 | 353,936 | 244,500 | 206,000 | |
430/8 |
- | - | - | - | - | - | 355,000 | 355,000 | 353,936 | 244,500 | 206,000 | |
44 |
5,057 | 6,825 | 110,348 | 225 | - | 4,930 | 10,894 | 8,694 | 41,915 | 50,574 | 8,915 | |
440/4 |
5,057 | 6,825 | 110,348 | 225 | - | 4,930 | 10,894 | 8,694 | 41,915 | 50,574 | 8,915 | |
46 |
- | - | - | - | - | 9,153 | 303 | - | - | - | - | |
45 |
7,225 | 2,857 | 3,146 | 1,430 | 2,660 | 1,187 | 5,918 | 6,181 | 6,747 | 7,410 | 7,005 | |
450/3 |
7,225 | 2,857 | 3,146 | 1,430 | 2,660 | 1,187 | 5,918 | 6,181 | 6,747 | 7,410 | 7,005 | |
47/48 |
- | 0 | 6,821 | 6,346 | 4,707 | 3,241 | 6,147 | 6,216 | 3,054 | - | - | |
492/3 |
6,975 | 4,449 | 3,126 | 1,065 | 2,604 | 2,604 | 2,262 | 30 | 4,815 | 625 | 600 | |
| Income statement | ||||||||||||
76A |
- | - | - | - | - | 12,640 | 29,946 | - | 98,744 | 57,781 | - | |
9900 |
5,100 | 94,061 | 102,549 | 4,453 | 1,450 | 48,516 | 77,766 | 18,243 | 95,402 | 44,511 | 32,446 | |
630 |
- | - | - | - | - | - | 12,016 | 20,104 | 78,023 | 33,017 | 23,958 | |
640/8 |
528 | 603 | 515 | 460 | 459 | 1,198 | 1,151 | 453 | 662 | 123 | 23 | |
66A |
- | - | - | - | - | 100,462 | - | - | - | - | - | |
9901 |
4,572 | 93,458 | 102,034 | 3,994 | 991 | -53,144 | 64,599 | -2,313 | 16,718 | 11,371 | 8,465 | |
75/76B |
35 | 362 | 1 | 0 | 2 | 32 | 15 | 1,559 | 4,998 | 2,447 | 0 | |
75 |
35 | 362 | 1 | 0 | 2 | 32 | 15 | 1,559 | 4,998 | 2,447 | 0 | |
65/66B |
5,634 | 10,986 | 9,613 | 1,749 | 3,946 | 11,883 | 19,189 | 14,889 | 15,483 | 2,997 | 816 | |
65 |
5,634 | 10,986 | 9,613 | 1,749 | 3,946 | 11,883 | 19,189 | 14,889 | 15,483 | 2,997 | 816 | |
9903 |
-1,027 | 82,833 | 92,421 | 2,245 | -2,953 | -64,995 | 45,424 | -15,643 | 6,233 | 10,821 | 7,650 | |
67/77 |
3,623 | 27,782 | 2,909 | 0 | -0 | 0 | 9,756 | -31 | 2,796 | 3,975 | 3,152 | |
9904 |
-4,650 | 55,052 | 89,512 | 2,245 | -2,952 | -64,995 | 35,669 | -15,612 | 3,437 | 6,846 | 4,498 | |
9905 |
-4,650 | 55,052 | 89,512 | 2,245 | -2,952 | -64,995 | 35,669 | -15,612 | 3,437 | 6,846 | 4,498 | |
| Appropriation of the result | ||||||||||||
9906 |
-4,650 | 55,052 | 23,810 | -65,702 | -67,948 | -64,995 | 28,564 | -7,104 | 9,939 | 6,846 | 4,498 | |
14P |
- | 0 | -65,702 | -67,948 | -64,995 | - | - | - | - | - | - | |
691/2 |
0 | 55,052 | 23,810 | - | - | - | 28,564 | - | 1,432 | 343 | 4,498 | |
6920 |
- | - | - | - | - | - | - | - | 1,432 | 343 | 225 | |
6921 |
0 | 55,052 | 23,810 | - | - | - | 28,564 | - | - | - | 4,273 | |
| Document | ||||||||||||
The notes to these accounts have 2 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 22-07-2026.
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 | 22-07-2026 | 2026-00320606 | |
| 31-12-2024 | micro format | 17-06-2025 | 2025-00143353 | |
| 31-12-2023 | micro format | 17-06-2024 | 2024-00139820 | |
| 31-12-2022 | micro format | 24-07-2023 | 2023-00281060 | |
| 31-12-2021 | micro format | 12-07-2022 | 2022-20175654 | |
| 31-12-2020 | micro format | 09-07-2021 | 2021-33900053 | |
| 31-12-2019 | micro format | 23-07-2020 | 2020-33400147 | |
| 31-12-2018 | micro format | 17-07-2019 | 2019-33800224 | |
| 31-12-2017 | micro format | 06-07-2018 | 2018-30200359 | |
| 31-12-2016 | micro format | 07-07-2017 | 2017-29000402 | |
| 31-12-2015 | abbreviated format | 22-06-2016 | 2016-22600075 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | 76,615 | 17,791 | 94,740 | 44,388 | 32,424 | ||
| - | - | - | - | - | - | 47,685 | 4,492 | 81,459 | 39,863 | 28,456 | ||
| - | - | - | - | - | 18,489 | 15,459 | 31,452 | 905,177 | 367,511 | 239,108 | ||
| -107,982 | -24,478 | 119,362 | -96,088 | 7,656 | 31,586 | 68,302 | -16,121 | 12,912 | -29,470 | - | ||
| 251,024 | 553,148 | 181,774 | 15,200 | 113,494 | 116,446 | -295,829 | -602,041 | -579,796 | -250,525 | -150,051 | ||
| 22.3% | 23.8% | 26.0% | -46.8% | -10.8% | -7.4% | 9.8% | 2.3% | 4.2% | 8.1% | 8.5% | ||
| 1.77 | 58.13 | 2.51 | 2.90 | 16.41 | 6.77 | 0.22 | 0.05 | 0.05 | 0.17 | 0.32 | ||
| 0.04 | 12.42 | 2.22 | 2.90 | 16.20 | 6.77 | 0.22 | 0.05 | 0.05 | 0.17 | 0.32 | ||
| 3.48 | 3.21 | 2.84 | - | - | - | 9.23 | 42.62 | 22.69 | 11.33 | 10.72 | ||
| -3.6% | 41.2% | 113.8% | - | - | - | 65.0% | -81.4% | 9.9% | 21.8% | 18.4% | ||
| -0.8% | 9.8% | 29.6% | 9.7% | -2.4% | -47.6% | 6.4% | -1.9% | 0.4% | 1.8% | 1.6% |
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.
Insights on DUVAR
The operating result for 2025 is 95% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Debt's share of the balance-sheet total rises from 76.2% to 77.7%. Equity is lower and debt is higher.