ACTIVE

DIFEX

Financial year 2025 · closed on 31/12/2025
Net result
15,9 k €
-36.1% YoY
Gross margin
66,9 k €
+2.4% YoY
Equity
126,7 k €
+14.3% YoY

What does DIFEX do?

DIFEX is a Private limited company incorporated in 1983. Its main activity is: Passenger air transport. Its registered office is in Ixelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0423.656.309
Incorporation
04/01/1983
Legal form
Private limited company
Registered office
Rue Faider 68
1050 Ixelles · BruxellesSee on map
Contributed capital
34 085,36 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin66,9 k €65,4 k €77,3 k €41,9 k €62,9 k €33,2 k €66,4 k €69,6 k €49,3 k €73,4 k €96,9 k €95,7 k €103,1 k €103,8 k €129,7 k €161,3 k €-845 €-434 €-2,2 k €
EBITDA18,7 k €30,8 k €6,9 k €2,6 k €21,6 k €4,1 k €26,2 k €26,8 k €12,4 k €25,6 k €23,6 k €27 k €31,5 k €61 k €80,8 k €78,9 k €-1,3 k €-89 €-434 €-2,7 k €
Operating result16,1 k €25 k €5,8 k €-1,9 k €1,3 k €-18,6 k €5,6 k €5,6 k €1,9 k €13,6 k €9,5 k €15,6 k €17,9 k €32,7 k €53,2 k €54,6 k €-1,3 k €-89 €-434 €-2,7 k €
Net result15,9 k €24,8 k €5,6 k €-2,5 k €808,1 €-22 k €2 k €-562,9 €712,8 €7,3 k €5,1 k €-12,9 k €12,7 k €23,9 k €33,4 k €37,1 k €-1,1 k €-153 €-1,8 k €-3,2 k €
Balance sheet
Equity126,7 k €110,8 k €86 k €80,3 k €82,8 k €82 k €104 k €102 k €102,6 k €101,9 k €94,6 k €89,5 k €102,4 k €89,7 k €65,8 k €32,4 k €-4,8 k €-3,6 k €-3,5 k €-1,6 k €
Total assets166,7 k €154,7 k €144,2 k €136,2 k €170,8 k €167,9 k €207,3 k €209,2 k €176,5 k €164,2 k €153 k €227,5 k €251,3 k €241,3 k €240,3 k €238,6 k €20,6 k €775 €35,3 k €36,7 k €
Cash32,2 k €32,9 k €19,8 k €21,9 k €30,4 k €16 k €22 k €9,5 k €15,1 k €17,8 k €16 k €12,2 k €21,4 k €19,1 k €16,7 k €11,5 k €749 €775 €786 €805 €
Debts40 k €44 k €58,2 k €55,9 k €88 k €85,9 k €103,3 k €107,2 k €73,9 k €62,4 k €58,4 k €136,6 k €147,5 k €150,2 k €173 k €206,2 k €25,4 k €4,4 k €38,8 k €38,4 k €
Other
Workforce0,5 ETP2,0 ETP2,0 ETP21,0 ETP1,0 ETP1,0 ETP2,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

SYDNEY DAOUD

Mandate

Active

Ended mandates

SYDNEY DAOUD

Manager · since 14 février 2012

Ended
Thérèse DAOUD

Manager · since 23 octobre 2008

Ended
Christian DECLERCQ

Manager · until 23 octobre 2008

Ended
Christian DECLERCQ

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
DAB INVESTActive
0790.208.322
DAOUD INVESTActive
1004.680.468
I.D. GROUPActive
0782.898.183
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/08/202607/09/202525/09/202430/09/202330/08/202330/08/2023
General meeting30/06/202630/06/202530/06/202430/06/202330/09/202227/10/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202629/08/2026FrenchPDF
Abridged model31/12/202430/06/202507/09/2025FrenchPDF
Abridged model31/12/202330/06/202425/09/2024FrenchPDF
Abridged model31/12/202230/06/202330/09/2023FrenchPDF
Abridged model31/12/202130/09/202230/08/2023FrenchPDF
Abridged model31/12/202027/10/202130/08/2023FrenchPDF
Abridged model31/12/201901/10/202002/12/2020FrenchPDF
Abridged model31/12/201816/04/201910/10/2019FrenchPDF
Abridged model31/12/201717/04/201803/10/2018FrenchPDF
Abridged model31/12/201618/04/201730/09/2017FrenchPDF
Abridged model31/12/201501/06/201715/06/2017FrenchPDF
Abridged model31/12/201421/04/201523/12/2015FrenchPDF
Abridged model31/12/201318/04/201430/10/2014FrenchPDF
Abridged model31/12/201220/01/201426/02/2014FrenchPDF
Abridged model31/12/201107/12/201231/12/2012FrenchPDF
Abridged model31/12/201030/11/201102/05/2012FrenchPDF
Abridged model31/12/200920/04/201030/08/2010FrenchPDF
Abridged model31/12/200821/04/200931/08/2009FrenchPDF
Abridged model31/12/200715/04/200828/08/2008FrenchPDF
Abridged model31/12/200617/04/200730/08/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 5 ended

Active mandates

SYDNEY DAOUD

Mandate

Active

Ended mandates

SYDNEY DAOUD

Manager · since 14 février 2012

Ended
Thérèse DAOUD

Manager · since 23 octobre 2008

Ended
Christian DECLERCQ

Manager · until 23 octobre 2008

Ended
Christian DECLERCQ

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates29/01/2026
    DEMISSION / DECHARGE DE MANDAT
    PDF
  • Mandates29/01/2024
    DEMISSIONS, NOMINATIONS, OBJET, STATUTS (TRADUCTION,
    PDF
  • Mandates06/03/2012
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/11/2008
    DEMISSION / DECHARGE DE MANDAT/ NOMINATION / TRANSFERT SIEGE
    PDF
  • Mandates30/01/2006
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    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

Timeline

  1. 2025
    Annual accounts 202515,9 k €
  2. 2024
    Annual accounts 202424,8 k €
  3. 2023
    Annual accounts 20235,6 k €
  4. 2022
    Annual accounts 2022-2,5 k €
  5. 2021
    Annual accounts 2021808,1 €
  6. 2020
    Annual accounts 2020-22 k €
  7. 2019
    Annual accounts 20192 k €
  8. 2018
    Annual accounts 2018-562,9 €
  9. 2017
    Annual accounts 2017712,8 €
  10. 2016
    Annual accounts 20167,3 k €
  11. 2015
    Annual accounts 20155,1 k €
  12. 2014
    Annual accounts 2014-12,9 k €
  13. 2013
    Annual accounts 201312,7 k €
  14. 2012
    Annual accounts 201223,9 k €
  15. 2011
    Annual accounts 201133,4 k €
  16. 2010
    Annual accounts 201037,1 k €
  17. 2009
    Annual accounts 2009-1,1 k €
  18. 2008
    Annual accounts 2008-153 €
  19. 2007
    Annual accounts 2007-1,8 k €
  20. 2006
    Annual accounts 2006-3,2 k €
  21. 04/01/1983
    IncorporationPrivate limited company