ACTIVE

Daphne

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Financial year 2025 · closed on 31/12/2025

Net result

275,4 k €

-46.2% YoY

Revenue

22,1 M €

-7.0% YoY

Equity

6,5 M €

+4.4% YoY

Workforce

41,3 ETP

-3.1% YoY

What does Daphne do?

Daphne is a Public limited company incorporated in 1964. Its registered office is in Gent. It employs on average 41,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0400.142.717

Incorporation

15/01/1964

Legal form

Public limited company

Registered office

Poortakkerstraat 29
9051 Gent · FlandreSee on map

Contributed capital

186 000,00 €

Latest accounts

31/12/2025

Average workforce

41,3 ETP

Joint committees (5)

100
1000
200
2000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	22,1 M €	-7.0%	23,8 M €	+18.0%	20,2 M €	-5.7%	21,4 M €	-4.5%	22,4 M €	+6.5%	21 M €	-6.6%	22,5 M €	+5.0%	21,5 M €	-12.2%	24,4 M €	+5.4%	23,2 M €	-8.6%	25,3 M €	+13.7%	22,3 M €	-8.8%	24,4 M €	+12.0%	21,8 M €	+5.7%	20,7 M €	+2.2%	20,2 M €	+32.2%	15,3 M €
EBITDA	520,5 k €	-37.0%	826,5 k €	+78.8%	462,2 k €	+12.1%	412,3 k €	-29.2%	582,4 k €	-20.6%	733,8 k €	-16.2%	875,7 k €	+41.6%	618,6 k €	-11.4%	697,9 k €	+9.3%	638,8 k €	-18.9%	788,2 k €	+90.0%	414,9 k €	+21.7%	340,8 k €	-34.7%	521,7 k €	-37.3%	832,2 k €	+18.1%	704,9 k €	+40.6%	501,3 k €
Operating result	349,2 k €	-46.6%	653,3 k €	+129%	285,9 k €	+16.4%	245,7 k €	-46.8%	462,2 k €	-19.9%	577 k €	-20.1%	722,1 k €	+45.6%	495,9 k €	-18.1%	605,7 k €	+16.2%	521,2 k €	-19.9%	650,4 k €	+156%	253,9 k €	-3.8%	263,9 k €	-5.5%	279,2 k €	-60.8%	712,4 k €	+17.3%	607,2 k €	+57.6%	385,3 k €
Net result	275,4 k €	-46.2%	512,3 k €	+114%	239,7 k €	+30.3%	183,9 k €	-42.4%	319,1 k €	-11.3%	359,6 k €	-35.1%	553,8 k €	+82.7%	303,1 k €	-38.5%	492,9 k €	+37.6%	358,1 k €	-24.8%	476,1 k €	+78.2%	267,2 k €	-14.7%	313,2 k €	+16.0%	269,9 k €	-46.5%	504,1 k €	-2.5%	516,8 k €	+8.6%	476 k €
Balance sheet
Equity	6,5 M €	+4.4%	6,2 M €	+8.1%	5,7 M €	+2.0%	5,6 M €	+12.6%	5 M €	-0.7%	5 M €	+0.0%	5 M €	+0.1%	5 M €	+6.4%	4,7 M €	+0.1%	4,7 M €	+0.2%	4,7 M €	+0.6%	4,7 M €	+0.1%	4,7 M €	+7.2%	4,4 M €	+6.6%	4,1 M €	+0.1%	4,1 M €	-2.6%	4,2 M €
Total assets	16,5 M €	+0.6%	16,4 M €	+10.6%	14,8 M €	+1.4%	14,6 M €	-0.8%	14,8 M €	-5.7%	15,6 M €	-6.1%	16,7 M €	+11.5%	14,9 M €	-6.8%	16 M €	+9.9%	14,6 M €	+12.6%	12,9 M €	-6.6%	13,8 M €	-2.3%	14,2 M €	+3.3%	13,7 M €	+15.4%	11,9 M €	-12.9%	13,6 M €	+24.9%	10,9 M €
Cash	4,1 M €	-30.9%	6 M €	+112%	2,8 M €	-14.1%	3,3 M €	-2.3%	3,3 M €	+37.6%	2,4 M €	-0.6%	2,4 M €	+55.9%	1,6 M €	-28.2%	2,2 M €	-6.1%	2,3 M €	+31.7%	1,8 M €	-46.6%	3,3 M €	+71.1%	1,9 M €	-18.0%	2,4 M €	+67.7%	1,4 M €	-51.2%	2,9 M €	+118%	1,3 M €
Debts	10,1 M €	-1.7%	10,2 M €	+12.2%	9,1 M €	+1.1%	9 M €	-7.7%	9,8 M €	-8.0%	10,6 M €	-8.7%	11,6 M €	+17.2%	9,9 M €	-12.2%	11,3 M €	+14.6%	9,9 M €	+19.8%	8,2 M €	-10.2%	9,2 M €	-3.5%	9,5 M €	+1.5%	9,4 M €	+20.0%	7,8 M €	-17.4%	9,4 M €	+40.7%	6,7 M €
Other
Workforce	41,3 ETP	-3.1%	42,6 ETP	0.0%	42,6 ETP	-6.8%	45,7 ETP	+63.2%	28,0 ETP	-5.4%	29,6 ETP	-8.9%	32,5 ETP	+8.7%	29,9 ETP	-2.3%	30,6 ETP	+0.7%	30,4 ETP	-1.0%	30,7 ETP	0.0%	30,7 ETP	-8.6%	33,6 ETP	-12.5%	38,4 ETP	-31.3%	55,9 ETP	+15.3%	48,5 ETP	+13.6%	42,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 34 ended

Active mandates

Bruno Dubrulle

Director · since 01 juillet 2025 · until 01 juin 2029

Active

Lou Dubrulle

Director · since 01 juillet 2025 · until 01 juin 2029

Active

Sacha Dubrulle

Director · since 01 juillet 2025 · until 01 juin 2029

Active

Michel Cammaert

Director · since 27 juin 2023 · until 01 juin 2029

Active

Michèle Delforge

Director · since 27 juin 2023 · until 01 juin 2029

Active

Pierre Dubrulle & C°

Managing director · since 27 juin 2023 · until 01 juin 2029 · 0475.970.981

Represented by Dubrulle PIERRE

Active

Ended mandates

Colibri

Director · since 27 juin 2023 · until 01 juin 2029 · 0801.518.324

Represented by Bruno Dubrulle

Ended

Lou Dubrulle

Director · since 27 juin 2023 · until 01 juin 2029

Ended

Sacha Dubrulle

Director · since 27 juin 2023 · until 01 juin 2029

Ended

François DUBRULLE

Director · since 03 juin 2019 · until 02 juin 2025

Ended

At this address

Other companies at this address

Company	CBE no.
Kopwerk● Active	0763.605.873
Pierre Dubrulle & C°● Active	0475.970.981

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/07/2026	30/06/2025	20/06/2024	18/07/2023	08/07/2022	30/06/2021
General meeting	30/06/2026	02/06/2025	03/06/2024	27/06/2023	22/06/2022	22/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	22/07/2026	Dutch	PDF
Full model	31/12/2024	02/06/2025	30/06/2025	Dutch	PDF
Full model	31/12/2023	03/06/2024	20/06/2024	Dutch	PDF
Full model	31/12/2022	27/06/2023	18/07/2023	Dutch	PDF
Full model	31/12/2021	22/06/2022	08/07/2022	Dutch	PDF
Full model	31/12/2020	22/06/2021	30/06/2021	Dutch	PDF
Full model	31/12/2019	24/07/2020	27/08/2020	Dutch	PDF
Full model	31/12/2018	03/06/2019	03/07/2019	Dutch	PDF
Full model	31/12/2017	15/06/2018	01/08/2018	Dutch	PDF
Full model	31/12/2016	01/06/2017	22/06/2017	Dutch	PDF
Full model	31/12/2015	22/06/2016	12/08/2016	Dutch	PDF
Full model	31/12/2014	01/06/2015	10/06/2015	Dutch	PDF
Full model	31/12/2013	02/06/2014	21/08/2014	Dutch	PDF
Full model	31/12/2012	24/06/2013	08/08/2013	Dutch	PDF
Full model	31/12/2011	30/06/2012	24/07/2012	Dutch	PDF
Full model	31/12/2010	01/06/2011	22/06/2011	Dutch	PDF
Full model	31/12/2009	01/06/2010	30/07/2010	Dutch	PDF
Full model	31/12/2008	02/06/2009	14/07/2009	Dutch	PDF
Full model	31/12/2007	02/06/2008	25/07/2008	Dutch	PDF
Full modelCorrection	31/12/2006	01/06/2007	01/10/2007	Dutch	PDF
Full model	31/12/2006	01/06/2007	28/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 34 ended

Active mandates

Bruno Dubrulle

Director · since 01 juillet 2025 · until 01 juin 2029

Active

Lou Dubrulle

Director · since 01 juillet 2025 · until 01 juin 2029

Active

Sacha Dubrulle

Director · since 01 juillet 2025 · until 01 juin 2029

Active

Michel Cammaert

Director · since 27 juin 2023 · until 01 juin 2029

Active

Michèle Delforge

Director · since 27 juin 2023 · until 01 juin 2029

Active

Pierre Dubrulle & C°

Managing director · since 27 juin 2023 · until 01 juin 2029 · 0475.970.981

Represented by Dubrulle PIERRE

Active

Ended mandates

Colibri

Director · since 27 juin 2023 · until 01 juin 2029 · 0801.518.324

Represented by Bruno Dubrulle

Ended

Lou Dubrulle

Director · since 27 juin 2023 · until 01 juin 2029

Ended

Sacha Dubrulle

Director · since 27 juin 2023 · until 01 juin 2029

Ended

François DUBRULLE

Director · since 03 juin 2019 · until 02 juin 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring11/03/2022
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring29/12/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Mandates13/11/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/09/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/08/2018
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025275,4 k €↓
2024
Annual accounts 2024512,3 k €↑
2023
Annual accounts 2023239,7 k €↑
2022
Annual accounts 2022183,9 k €↓
2021
Annual accounts 2021319,1 k €↓
2019
Annual accounts 2019359,6 k €↓
2018
Annual accounts 2018553,8 k €↑
2017
Annual accounts 2017303,1 k €↓
2016
Annual accounts 2016492,9 k €↑
2015
Annual accounts 2015358,1 k €↓
2014
Annual accounts 2014476,1 k €↑
2013
Annual accounts 2013267,2 k €↓
2012
Annual accounts 2012313,2 k €↑
2011
Annual accounts 2011269,9 k €↓
2010
Annual accounts 2010504,1 k €↓
2009
Annual accounts 2009516,8 k €↑
2008
Annual accounts 2008476 k €
15/01/1964
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Daphne

Overview

What does Daphne do?

Trend over 17 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline