ACTIVE

DAO

Financial year 2025 · Closed on 31/12/2025

Net result-1,3 M €-59,8 %over 1 year

Gross margin-64,7 k €+91,6 %over 1 year

Equity5,1 M €-20,5 %over 1 year

Identity

Source · BCE/KBO

DAO is a Public limited company incorporated in 1979. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Visé.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0419.180.550
Incorporation: 01/01/1979
Legal form: Public limited company
Registered office: Rue de Maestricht(VIS) 106
4600 Visé · WallonieSee on map
Contributed capital: 6 826 862,99 €
Latest accounts: 31/12/2025

Activities (NACE)

43222Plumbing, heat and air-conditioning installation· main 43222Plumbing, heat and air-conditioning installation 45331Sale of motor vehicle parts and accessories 43221Plumbing, heat and air-conditioning installation 43221Plumbing, heat and air-conditioning installation 43240Electrical, plumbing and other construction installation activities+6

Joint committees (3)

Signals

Solid equityLow riskGood liquidityPositive cashflow

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2025		2024		2023		2021		2020
Income statement
Gross margin	-64,7 k €	+91.6%	-767 k €	+36.6%	-1,2 M €	-627%	-166,4 k €		–
EBITDA	-107,7 k €	+88.4%	-925,7 k €	+36.2%	-1,5 M €	-763%	-168 k €	-112%	1,4 M €
Operating result	-1,5 M €	-35.0%	-1,1 M €	+53.6%	-2,4 M €	-356%	921,8 k €	-34.7%	1,4 M €
Net result	-1,3 M €	-59.8%	-819,5 k €	+63.5%	-2,2 M €	-318%	1 M €	-30.0%	1,5 M €
Balance sheet
Equity	5,1 M €	-20.5%	6,4 M €	-11.4%	7,2 M €	+149%	2,9 M €	+54.9%	1,9 M €
Total assets	10,5 M €	-27.9%	14,5 M €	-19.2%	18 M €	+161%	6,9 M €	-8.8%	7,5 M €
Cash	183,6 k €	+10.4%	166,3 k €	-7.8%	180,4 k €	-27.8%	249,8 k €	-84.2%	1,6 M €
Debts	1,5 M €	-64.5%	4,2 M €	-38.1%	6,9 M €	+5369%	125,6 k €	-82.7%	725,8 k €
Other
Workforce	–		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DELTA REFRIGERATION0478.086.967Represented by Philippe DOUIN	Director14/02/2024 → 21/06/2029
Jonas DOUIN	Director15/12/2023 → 21/06/2029
LXB MANAGEMENT0847.216.212Represented by Benoit LEVAUX	Director08/02/2017 → 25/10/2029
NOSHAQ0426.624.509Represented by Christine GERARDY	Director01/03/2011 → 25/10/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DELTA GROUP0885.817.262Represented by Philippe DOUIN	Managing director28/06/2023 → 2023 accounts
SOCIETE WALLONNE DE GESTION ET DE PARTICIPATIONS0426.887.397Represented by Isabelle DEVOS	Director19/01/2018 → 2019 accounts

Other companies at this address

Rue de Maestricht(VIS) 106 4600 Visé

Company	CBE no.
Iso - Calor● Active	0406.501.264

Full financial information

Source · NBB

	2025	2024	2023	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Full model	Full model
Start of the financial year	01/01/2025	01/07/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2025	31/12/2024	30/06/2023	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	18 months	18 months	12 months	12 months	12 months
Filing date	13/07/2026	30/06/2025	12/01/2024	27/07/2022	27/08/2021	23/07/2020
General meeting	17/06/2026	25/06/2025	15/12/2023	29/06/2022	23/06/2021	08/07/2020
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

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	17/06/2026	13/07/2026	French	PDF
Abridged model	31/12/2024	25/06/2025	30/06/2025	French	PDF
Abridged model	30/06/2023	15/12/2023	12/01/2024	French	PDF
Abridged model	31/12/2021	29/06/2022	27/07/2022	Dutch	PDF
Full model	31/12/2020	23/06/2021	27/08/2021	Dutch	PDF
Full model	31/12/2019	08/07/2020	23/07/2020	Dutch	PDF
Full model	31/12/2018	21/06/2019	28/08/2019	Dutch	PDF
Full model	31/12/2017	24/10/2018	31/10/2018	French	PDF
Full model	31/12/2016	29/06/2017	24/07/2017	French	PDF
Full model	31/12/2015	07/07/2016	26/07/2016	French	PDF
Full model	31/12/2014	30/06/2015	23/07/2015	French	PDF
Full model	31/12/2013	16/06/2014	23/07/2014	French	PDF
Full model	31/12/2012	25/06/2013	04/07/2013	French	PDF
Full model	31/12/2011	28/06/2012	19/07/2012	French	PDF
Full model	31/12/2010	08/07/2011	11/07/2011	French	PDF
Full model	31/12/2009	30/06/2010	01/10/2010	French	PDF
Full model	31/12/2008	30/06/2009	13/08/2009	French	PDF
Full model	31/12/2007	30/06/2008	29/07/2008	French	PDF
Full model	31/12/2006	15/06/2007	15/06/2007	French	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DELTA REFRIGERATION0478.086.967Represented by Philippe DOUIN	Director14/02/2024 → 21/06/2029
Jonas DOUIN	Director15/12/2023 → 21/06/2029
LXB MANAGEMENT0847.216.212Represented by Benoit LEVAUX	Director08/02/2017 → 25/10/2029
NOSHAQ0426.624.509Represented by Christine GERARDY	Director01/03/2011 → 25/10/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DELTA GROUP0885.817.262Represented by Philippe DOUIN	Managing director28/06/2023 → 2023 accounts
SOCIETE WALLONNE DE GESTION ET DE PARTICIPATIONS0426.887.397Represented by Isabelle DEVOS	Director19/01/2018 → 2019 accounts

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Other10/07/2024
ASSEMBLEE GENERALE - ANNEE COMPTABLE
PDF
Mandates20/03/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates07/08/2023
DEMISSIONS, NOMINATIONS
PDF
Restructuring19/05/2023
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring19/05/2023
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring01/03/2023
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring01/03/2023
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Registered office17/02/2023
MAATSCHAPPELIJKE ZETEL
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

DELTA REFRIGERATION

NOSHAQ

LXB MANAGEMENT

Jonas DOUIN

DELTA GROUP

SOCIETE WALLONNE DE GESTION ET DE PARTICIPATIONS

CG MANAGEMENT

BEYLIS MANAGEMENT

Laurence GROSSEMY

DOMINIQUE DANNEELS

197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

DAOGABRIEL DANNEELS

Rue de Maestricht(VIS) 106, 4600 Visé

Director

Managing director

Director

DirectorManaging director

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue de Maestricht(VIS) 106, 4600 ViséCurrent	accounts 2023 → 2025	Accounts 2025 · 2026-00311788
Blancefloerlaan 179 bte C, 2050 Antwerp-2050	accounts 2021	Accounts 2021 · 2022-20246511

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
DAOCurrent	accounts 2018 → 2025	Accounts 2025 · 2026-00311788
GABRIEL DANNEELS	accounts 2006 → 2017	Accounts 2017 · 2018-71500159

Events

2025
Annual accounts 2025-1,3 M €↓
2024
Annual accounts 2024-819,5 k €↑
2023
Annual accounts 2023-2,2 M €↓
2021
Annual accounts 20211 M €↓
2020
Annual accounts 20201,5 M €↑
2019
Annual accounts 2019198,9 k €↓
2018
Annual accounts 20181,7 M €↑
2018
Name changeDAO
2017
Annual accounts 2017-4,2 M €↓
2016
Annual accounts 2016686,7 k €↑
2015
Annual accounts 2015305,2 k €↓
2014
Annual accounts 2014501,8 k €↑
2013
Annual accounts 2013-205 k €↓
2012
Annual accounts 201219,5 k €↓
2011
Annual accounts 20112,9 M €↑
2010
Annual accounts 2010-1,5 M €↑
2009
Annual accounts 2009-1,7 M €↓
2008
Annual accounts 200836,5 k €↑
2007
Annual accounts 2007-392 k €↓
2006
Annual accounts 2006184,5 k €
01/01/1979
IncorporationPublic limited company

DAO

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events