ACTIVE

DUO

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Financial year 2025 · closed on 30/06/2025

Net result

143,8 k €

-23.7% YoY

Gross margin

234,2 k €

+15.2% YoY

Equity

1,1 M €

+6.7% YoY

What does DUO do?

DUO is a Public limited company incorporated in 1986. Its main activity is: Management consultancy activities. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0428.640.921

Incorporation

17/03/1986

Legal form

Public limited company

Registered office

Prins Albertlei 23
2600 Antwerpen · FlandreSee on map

Contributed capital

161 130,79 €

Latest accounts

30/06/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	234,2 k €	+15.2%	203,3 k €	-4.2%	212,2 k €	-11.3%	239,4 k €	+41.3%	169,4 k €	+49.9%	113,1 k €	+16.1%	97,4 k €	-1.7%	99,0 k €	-4.3%	103,5 k €	-2.0%	105,6 k €	+13.8%	92,8 k €	-33.4%	139,3 k €	+33.2%	104,5 k €	-8.0%	113,6 k €	+18.2%	96,1 k €	+14.8%	83,7 k €	+30.6%	64,1 k €
EBITDA	223,9 k €	+15.3%	194,2 k €	-4.8%	203,9 k €	-11.6%	230,8 k €	+47.7%	156,3 k €	+54.7%	101,0 k €	+15.9%	87,2 k €	-1.4%	88,4 k €	-6.8%	94,8 k €	-2.9%	97,6 k €	+12.8%	86,6 k €	-34.8%	132,8 k €	+36.6%	97,2 k €	-5.6%	102,9 k €	+13.4%	90,8 k €	+15.2%	78,8 k €	+27.4%	61,9 k €
Operating result	208,0 k €	+16.9%	177,9 k €	+7.0%	166,3 k €	-13.4%	192,1 k €	+103%	94,7 k €	+67.3%	56,6 k €	+52.2%	37,2 k €	+6.9%	34,8 k €	-16.3%	41,6 k €	+1.4%	41,0 k €	+38.2%	29,7 k €	-60.4%	74,9 k €	+90.1%	39,4 k €	-24.6%	52,3 k €	+35.7%	38,5 k €	-44.6%	69,5 k €	+26.9%	54,8 k €
Net result	143,8 k €	-23.7%	188,5 k €	+46.7%	128,5 k €	-12.3%	146,6 k €	-6.7%	157,1 k €	+205%	51,5 k €	+226%	15,8 k €	+111%	-145,8 k €	-1433%	10,9 k €	-37.9%	17,6 k €	+102%	8,7 k €	-82.9%	51,0 k €	+248%	14,6 k €	-39.5%	24,2 k €	+211%	7,8 k €	-87.0%	59,8 k €	+21.9%	49,1 k €
Balance sheet
Equity	1,1 M €	+6.7%	1,0 M €	+23.0%	818,3 k €	+18.6%	689,8 k €	+96.4%	351,3 k €	+80.9%	194,1 k €	+36.1%	142,6 k €	+12.5%	126,8 k €	-53.5%	272,6 k €	+4.2%	261,7 k €	+7.2%	244,0 k €	+3.7%	235,3 k €	+27.7%	184,4 k €	+8.6%	169,7 k €	+16.6%	145,5 k €	+5.6%	137,7 k €	+76.8%	77,9 k €
Total assets	2,8 M €	+17.0%	2,4 M €	+14.0%	2,1 M €	-1.1%	2,1 M €	+10.2%	1,9 M €	+10.2%	1,7 M €	+3.0%	1,7 M €	+70.2%	992,4 k €	-13.2%	1,1 M €	+29.6%	882,5 k €	-5.0%	928,9 k €	-16.6%	1,1 M €	-17.3%	1,3 M €	-12.8%	1,5 M €	-10.4%	1,7 M €	+42.0%	1,2 M €	+0.1%	1,2 M €
Cash	844,0 €	-83.5%	5,1 k €	+25374%	20,0 €	-99.9%	24,1 k €	+15.3%	20,9 k €	+1288%	1,5 k €	-69.4%	4,9 k €	-82.5%	28,2 k €	+808%	3,1 k €	+262%	858,1 €	-70.9%	2,9 k €	+196%	996,2 €		–		15,8 k €	+150%	6,3 k €	+217%	2,0 k €	-85.8%	14,0 k €
Debts	1,7 M €	+23.9%	1,4 M €	+8.1%	1,3 M €	-10.1%	1,4 M €	-9.5%	1,6 M €	+3.5%	1,5 M €	-0.2%	1,5 M €	+80.4%	837,9 k €	-1.8%	853,2 k €	+37.4%	620,8 k €	-9.3%	684,8 k €	-22.0%	878,5 k €	-24.2%	1,2 M €	-15.5%	1,4 M €	-13.0%	1,6 M €	+47.5%	1,1 M €	-5.8%	1,1 M €

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 30/06/2025 · 2 active · 15 ended

Active mandates

Hilde Peeters

Managing director · since 12 décembre 2023 · until 09 novembre 2029

Active

Simon Peeters

Director · since 12 décembre 2023 · until 09 novembre 2029

Active

Ended mandates

Hilde Peeters

Managing director · since 13 novembre 2020 · until 13 novembre 2026

Ended

Simon Peeters

Director · since 13 novembre 2020 · until 13 novembre 2026

Ended

Armand Schellens

Director · since 14 novembre 2014 · until 13 novembre 2020

Ended

Hilde Peeters

Managing director · since 14 novembre 2014

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/11/2025	06/01/2025	08/01/2024	30/11/2022	04/01/2022	05/01/2021
General meeting	14/11/2025	16/12/2024	21/12/2023	11/11/2022	12/12/2021	13/12/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	14/11/2025	28/11/2025	Dutch	PDF
Micro model	30/06/2024	16/12/2024	06/01/2025	Dutch	PDF
Micro model	30/06/2023	21/12/2023	08/01/2024	Dutch	PDF
Micro model	30/06/2022	11/11/2022	30/11/2022	Dutch	PDF
Micro model	30/06/2021	12/12/2021	04/01/2022	Dutch	PDF
Micro model	30/06/2020	13/12/2020	05/01/2021	Dutch	PDF
Micro model	30/06/2019	08/11/2019	06/12/2019	Dutch	PDF
Micro model	30/06/2018	27/12/2018	17/01/2019	Dutch	PDF
Micro model	30/06/2017	29/12/2017	26/01/2018	Dutch	PDF
Abridged model	30/06/2016	30/12/2016	02/02/2017	Dutch	PDF
Abridged model	30/06/2015	29/02/2016	29/02/2016	Dutch	PDF
Abridged model	30/06/2014	12/12/2014	19/12/2014	Dutch	PDF
Abridged model	30/06/2013	08/11/2013	21/01/2014	Dutch	PDF
Abridged model	30/06/2012	09/11/2012	24/12/2012	Dutch	PDF
Abridged model	30/06/2011	12/11/2011	12/12/2011	Dutch	PDF
Abridged model	30/06/2010	12/11/2010	08/12/2010	Dutch	PDF
Abridged model	30/06/2009	13/11/2009	10/12/2009	Dutch	PDF
Abridged model	30/06/2008	14/11/2008	10/12/2008	Dutch	PDF
Abridged model	30/06/2007	09/11/2007	16/11/2007	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 30/06/2025 · 2 active · 15 ended

Active mandates

Hilde Peeters

Managing director · since 12 décembre 2023 · until 09 novembre 2029

Active

Simon Peeters

Director · since 12 décembre 2023 · until 09 novembre 2029

Active

Ended mandates

Hilde Peeters

Managing director · since 13 novembre 2020 · until 13 novembre 2026

Ended

Simon Peeters

Director · since 13 novembre 2020 · until 13 novembre 2026

Ended

Armand Schellens

Director · since 14 novembre 2014 · until 13 novembre 2020

Ended

Hilde Peeters

Managing director · since 14 novembre 2014

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates18/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/02/2021
ONTSLAGEN - BENOEMINGEN
PDF
Registered office10/01/2020
MAATSCHAPPELIJKE ZETEL
PDF
Mandates18/02/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/02/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/01/2003
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 2025143,8 k €↓
2024
Annual accounts 2024188,5 k €↑
2023
Annual accounts 2023128,5 k €↓
2022
Annual accounts 2022146,6 k €↓
2019
Annual accounts 2019157,1 k €↑
2018
Annual accounts 201851,5 k €↑
2017
Annual accounts 201715,8 k €↑
2016
Annual accounts 2016-145,8 k €↓
2015
Annual accounts 201510,9 k €↓
2014
Annual accounts 201417,6 k €↑
2013
Annual accounts 20138,7 k €↓
2012
Annual accounts 201251,0 k €↑
2011
Annual accounts 201114,6 k €↓
2010
Annual accounts 201024,2 k €↑
2009
Annual accounts 20097,8 k €↓
2008
Annual accounts 200859,8 k €↑
2007
Annual accounts 200749,1 k €
17/03/1986
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

DUO

Overview

What does DUO 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