ACTIVE

DANNEELS DEVELOPMENT

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Financial year 2025 · closed on 31/12/2025

Net result

200,3 k €

+132.4% YoY

Revenue

9,2 M €

-0.2% YoY

Equity

46 M €

+0.4% YoY

Workforce

7,2 ETP

-10.0% YoY

What does DANNEELS DEVELOPMENT do?

DANNEELS DEVELOPMENT is a Public limited company incorporated in 1978. Its main activity is: Development of building projects. Its registered office is in Brugge. It employs on average 7,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0418.125.230

Incorporation

22/03/1978

Legal form

Public limited company

Registered office

Sint-Baafskerkstraat 1
8200 Brugge · FlandreSee on map

Contributed capital

3 900 000,00 €

Latest accounts

31/12/2025

Average workforce

7,2 ETP

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 68310Real estate agencies 68311Real estate agencies 70111Activities of head offices 70311Activities of head offices; management consultancy activities

Joint committees (2)

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 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	9,2 M €	-0.2%	9,2 M €	-24.3%	12,2 M €	-32.3%	18 M €	-29.9%	25,7 M €	+30.1%	19,7 M €	-5.9%	21 M €	+100%	10,5 M €	-60.0%	26,2 M €	+49.4%	17,5 M €	-15.7%	20,8 M €	+16.3%	17,9 M €	-13.0%	20,5 M €	-0.2%	20,6 M €	+1.4%	20,3 M €	+11.2%	18,3 M €	+47.8%	12,4 M €	-12.6%	14,1 M €	+65.4%	8,5 M €
EBITDA	858,2 k €	+615%	120,1 k €	-94.1%	2 M €	-35.5%	3,2 M €	-52.1%	6,6 M €	+56.6%	4,2 M €	+2.3%	4,1 M €	+186%	1,4 M €	-81.3%	7,7 M €	+36.8%	5,6 M €	-6.1%	6 M €	+4.5%	5,7 M €	-0.7%	5,8 M €	-16.9%	6,9 M €	+14.4%	6,1 M €	+10.9%	5,5 M €	+42.6%	3,8 M €	-21.0%	4,9 M €	+145%	2 M €
Operating result	858,2 k €	+478%	148,5 k €	-92.4%	2 M €	-42.8%	3,4 M €	-47.8%	6,6 M €	+58.4%	4,2 M €	+2.0%	4,1 M €	+188%	1,4 M €	-81.5%	7,7 M €	+36.9%	5,6 M €	-8.5%	6,1 M €	+12.9%	5,4 M €	-5.5%	5,7 M €	-17.3%	6,9 M €	+15.0%	6 M €	+10.1%	5,5 M €	+44.0%	3,8 M €	-21.2%	4,8 M €	+146%	2 M €
Net result	200,3 k €	+132%	-617,4 k €	-166%	937,8 k €	-59.4%	2,3 M €	-50.5%	4,7 M €	+66.9%	2,8 M €	+5.5%	2,7 M €	+215%	840,7 k €	-83.0%	4,9 M €	+36.2%	3,6 M €	-9.5%	4 M €	+12.4%	3,6 M €	-5.6%	3,8 M €	-17.9%	4,6 M €	+16.6%	3,9 M €	+9.5%	3,6 M €	+50.8%	2,4 M €	-18.8%	2,9 M €	+179%	1,1 M €
Balance sheet
Equity	46 M €	+0.4%	45,8 M €	-1.3%	46,4 M €	+2.1%	45,5 M €	-3.6%	47,2 M €	+0.4%	47 M €	-0.0%	47 M €	+0.5%	46,7 M €	+24.6%	37,5 M €	+15.2%	32,6 M €	+12.5%	28,9 M €	+16.1%	24,9 M €	+11.4%	22,4 M €	+14.1%	19,6 M €	+19.1%	16,5 M €	+21.3%	13,6 M €	+22.0%	11,1 M €	+17.9%	9,4 M €	+28.6%	7,3 M €
Total assets	80 M €	-0.7%	80,5 M €	-6.1%	85,8 M €	+4.0%	82,5 M €	-2.7%	84,8 M €	+0.5%	84,3 M €	-0.7%	84,9 M €	+1.7%	83,5 M €	+24.0%	67,3 M €	-10.7%	75,4 M €	+8.8%	69,4 M €	-0.8%	69,9 M €	+13.0%	61,9 M €	+18.7%	52,1 M €	+10.5%	47,2 M €	+6.7%	44,3 M €	+26.4%	35 M €	+2.9%	34 M €	+24.3%	27,4 M €
Cash	309,6 k €	-37.2%	493 k €	-38.4%	800,1 k €	+157%	310,8 k €	-87.7%	2,5 M €	+761%	292,2 k €	-61.9%	766,3 k €	+238%	226,8 k €	-13.5%	262,1 k €	-49.8%	522,4 k €	+15.1%	453,9 k €	+77.0%	256,4 k €	-38.2%	414,8 k €	+31.6%	315,1 k €	-15.4%	372,6 k €	+83.7%	202,8 k €	+26.2%	160,6 k €	+33.8%	120,1 k €	-18.6%	147,5 k €
Debts	33,9 M €	-1.7%	34,5 M €	-12.1%	39,2 M €	+6.2%	37 M €	-1.6%	37,5 M €	+0.7%	37,3 M €	-1.5%	37,8 M €	+3.0%	36,7 M €	+23.3%	29,8 M €	-30.4%	42,8 M €	+6.4%	40,3 M €	-10.4%	44,9 M €	+14.1%	39,4 M €	+21.2%	32,5 M €	+5.8%	30,7 M €	+2.1%	30,1 M €	+26.2%	23,8 M €	-2.1%	24,3 M €	+21.8%	20 M €
Other
Workforce	7,2 ETP	-10.0%	8,0 ETP	-3.6%	8,3 ETP	+31.7%	6,3 ETP	-11.3%	7,1 ETP	0.0%	7,1 ETP	-9.0%	7,8 ETP	-4.9%	8,2 ETP	+1.2%	8,1 ETP	-8.0%	8,8 ETP	0.0%	8,8 ETP	0.0%	8,8 ETP	-2.2%	9,0 ETP	+21.6%	7,4 ETP	+34.5%	5,5 ETP	-24.7%	7,3 ETP	0.0%	7,3 ETP	-8.8%	8,0 ETP	-14.9%	9,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 11 ended

Active mandates

AIUPO

Managing director · since 15 mai 2025 · until 07 juin 2031 · 0870.832.643

Represented by Pascal Danneels

Active

Ended mandates

AIUPO

Managing director · since 01 juin 2019 · until 07 juin 2025 · 0870.832.643

Represented by Pascal Danneels

Ended

AIUPO

Managing director · since 01 juin 2019 · until 07 juin 2025 · 0870.832.643

Represented by Pascal Danneels

Ended

AIUPO

Managing director · since 01 juin 2013 · until 01 juin 2019 · 0870.832.643

Represented by Pascal Danneels

Ended

AIUPO

Managing director · since 01 juin 2013 · until 01 juin 2019 · 0870.832.643

Represented by Pascal Danneels

Ended

At this address

Other companies at this address

Company	CBE no.
AIUPO● Active	0870.832.643
BOSKO PROJECTEN● Active	0471.757.025
Bouwkantoor Danneels● Active	0414.510.593
BUILDING FACTORY● Active	0873.468.073
Centrale Tuinbouwveiling● Active	0414.242.557
D³ PROJECTS● Active	0862.038.010
DANNEELS PROJECTS● Active	0876.446.270
DANNEELS RETAIL● Active	0840.574.680
Projectontwikkeling● Active	0415.460.502

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	10/06/2026	17/06/2025	12/06/2024	05/06/2023	30/06/2022	05/07/2021
General meeting	06/06/2026	07/06/2025	01/06/2024	03/06/2023	04/06/2022	05/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	06/06/2026	10/06/2026	Dutch	PDF
Full model	31/12/2024	07/06/2025	17/06/2025	Dutch	PDF
Full model	31/12/2023	01/06/2024	12/06/2024	Dutch	PDF
Full model	31/12/2022	03/06/2023	05/06/2023	Dutch	PDF
Full model	31/12/2021	04/06/2022	30/06/2022	Dutch	PDF
Full model	31/12/2020	05/06/2021	05/07/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	11/07/2020	Dutch	PDF
Full model	31/12/2018	01/06/2019	21/06/2019	Dutch	PDF
Full model	31/12/2017	02/06/2018	02/07/2018	Dutch	PDF
Full model	31/12/2016	03/06/2017	01/07/2017	Dutch	PDF
Full model	31/12/2015	04/06/2016	01/07/2016	Dutch	PDF
Full model	31/12/2014	06/06/2015	03/07/2015	Dutch	PDF
Full model	31/12/2013	07/06/2014	04/07/2014	Dutch	PDF
Full model	31/12/2012	01/06/2013	01/07/2013	Dutch	PDF
Full model	31/12/2011	02/06/2012	27/06/2012	Dutch	PDF
Full model	31/12/2010	04/06/2011	27/06/2011	Dutch	PDF
Full model	31/12/2009	05/06/2010	30/06/2010	Dutch	PDF
Full model	31/12/2008	06/06/2009	03/07/2009	Dutch	PDF
Full model	31/12/2007	07/06/2008	03/07/2008	Dutch	PDF
Full model	31/12/2006	02/06/2007	28/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 1 active · 11 ended

Active mandates

AIUPO

Managing director · since 15 mai 2025 · until 07 juin 2031 · 0870.832.643

Represented by Pascal Danneels

Active

Ended mandates

AIUPO

Managing director · since 01 juin 2019 · until 07 juin 2025 · 0870.832.643

Represented by Pascal Danneels

Ended

AIUPO

Managing director · since 01 juin 2019 · until 07 juin 2025 · 0870.832.643

Represented by Pascal Danneels

Ended

AIUPO

Managing director · since 01 juin 2013 · until 01 juin 2019 · 0870.832.643

Represented by Pascal Danneels

Ended

AIUPO

Managing director · since 01 juin 2013 · until 01 juin 2019 · 0870.832.643

Represented by Pascal Danneels

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/12/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/06/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/06/2018
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring24/11/2017
BENAMING - KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring26/09/2017
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
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 2025200,3 k €↑
15/05/2025
reconductionDanneels Pascal — gedelegeerd bestuurder
2024
Annual accounts 2024-617,4 k €↓
01/06/2024
reconductionMoore Audit BV — commissaris
2023
Annual accounts 2023937,8 k €↓
2022
Annual accounts 20222,3 M €↓
2021
Annual accounts 20214,7 M €↑
2020
Annual accounts 20202,8 M €↑
2019
Annual accounts 20192,7 M €↑
2018
Annual accounts 2018840,7 k €↓
2016
Annual accounts 20164,9 M €↑
2015
Annual accounts 20153,6 M €↓
2014
Annual accounts 20144 M €↑
2013
Annual accounts 20133,6 M €↓
2012
Annual accounts 20123,8 M €↓
2011
Annual accounts 20114,6 M €↑
2010
Annual accounts 20103,9 M €↑
2009
Annual accounts 20093,6 M €↑
2008
Annual accounts 20082,4 M €↓
2007
Annual accounts 20072,9 M €↑
2006
Annual accounts 20061,1 M €
22/03/1978
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

DANNEELS DEVELOPMENT

Overview

What does DANNEELS DEVELOPMENT do?

Trend over 19 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