ACTIVE

D&C

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Financial year 2025 · closed on 31/12/2025

Net result

12,4 k €

+201.9% YoY

Gross margin

90,4 k €

+16.1% YoY

Equity

66,1 k €

+23.0% YoY

What does D&C do?

D&C is a Private limited company incorporated in 1986. Its main activity is: Electrical installation. Its registered office is in Ardooie.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0429.183.230

Incorporation

17/06/1986

Legal form

Private limited company

Registered office

Oude Heirweg 26
8851 Ardooie · FlandreSee on map

Contributed capital

33 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

43211Electrical installation· main 43211Electrical installation 55900Other accommodation 55900Other accommodation

Joint committees (1)

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	90,4 k €	+16.1%	77,9 k €	+55.8%	50 k €	-15.1%	58,9 k €	-20.7%	74,2 k €	+35.6%	54,7 k €	+10.1%	49,7 k €	+69.5%	29,3 k €	+126%	13 k €	-62.4%	34,5 k €	-19.2%	42,6 k €	+5.1%	40,6 k €	+6.9%	37,9 k €	-28.1%	52,8 k €	+48.4%	35,6 k €	+18.9%	29,9 k €	-7.4%	32,3 k €	+22.8%	26,3 k €	+99.6%	13,2 k €	-27.3%	18,1 k €
EBITDA	81,2 k €	+15.3%	70,4 k €	+87.0%	37,7 k €	-34.6%	57,6 k €	-21.7%	73,5 k €	+37.0%	53,7 k €	+13.5%	47,3 k €	+67.1%	28,3 k €	+1502%	-2 k €	-111%	18,9 k €	-27.0%	25,9 k €	+1.2%	25,6 k €	+114%	12 k €	-68.9%	38,5 k €	+82.0%	21,1 k €	-5.4%	22,3 k €	-22.2%	28,7 k €	+21.2%	23,7 k €	+117%	10,9 k €	-33.6%	16,5 k €
Operating result	33 k €	+31.3%	25,1 k €	+793%	-3,6 k €	-116%	23,4 k €	-50.5%	47,2 k €	+126%	20,9 k €	+22.4%	17 k €	+266%	4,7 k €	+122%	-21,1 k €	-2411%	914 €	-88.6%	8 k €	+2.5%	7,8 k €	+5393%	142 €	-99.4%	24,8 k €	+196%	8,4 k €	-30.5%	12 k €	-39.9%	20 k €	+42.2%	14,1 k €	+285%	3,7 k €	-64.4%	10,3 k €
Net result	12,4 k €	+202%	4,1 k €	+128%	-14,4 k €	-245%	10 k €	-62.1%	26,3 k €	+142%	10,9 k €	-22.5%	14 k €	+583%	2,1 k €	+108%	-24,6 k €	-646%	-3,3 k €	-557%	722 €	+287%	-386 €	+96.8%	-12,2 k €	-160%	20,4 k €	+2829%	696 €	-87.4%	5,5 k €	-57.4%	13 k €	+127%	5,7 k €	+210%	-5,2 k €	-2293%	238 €
Balance sheet
Equity	66,1 k €	+23.0%	53,8 k €	+8.2%	49,7 k €	-22.5%	64,1 k €	+18.5%	54,1 k €	+94.8%	27,8 k €	+64.3%	16,9 k €	+240%	-12,1 k €	+14.5%	-14,2 k €	-236%	10,4 k €	-24.0%	13,7 k €	+5.6%	13 k €	-2.9%	13,4 k €	-47.6%	25,5 k €	+396%	5,2 k €	+15.6%	4,5 k €	+516%	-1,1 k €	+92.4%	-14,1 k €	+28.9%	-19,8 k €	+26.6%	-26,9 k €
Total assets	634,4 k €	-12.6%	725,7 k €	+18.9%	610,4 k €	+1.3%	602,7 k €	+46.5%	411,4 k €	+9.4%	376 k €	-21.9%	481,3 k €	+284%	125,3 k €	+4.5%	119,9 k €	-8.4%	130,9 k €	-5.8%	139 k €	-6.7%	148,9 k €	+6.4%	139,9 k €	-10.0%	155,5 k €	+12.6%	138,1 k €	+2.2%	135,1 k €	+13.1%	119,4 k €	-5.5%	126,4 k €	+2.1%	123,8 k €	-4.2%	129,2 k €
Cash	7,5 k €	+142%	3,1 k €	-70.9%	10,6 k €	-16.7%	12,8 k €	+12.7%	11,4 k €	+119%	5,2 k €	-16.0%	6,2 k €	+120%	2,8 k €	+2395%	112,5 €	-98.9%	10,4 k €	-12.4%	11,8 k €	+18.1%	10 k €	-6.4%	10,7 k €		–		–		9,1 k €	+1444%	592 €	-71.6%	2,1 k €	-31.4%	3 k €	+115%	1,4 k €
Debts	568,2 k €	-15.4%	671,8 k €	+19.8%	560,7 k €	+4.1%	538,6 k €	+50.9%	357 k €	+2.5%	348,2 k €	-25.0%	464,4 k €	+238%	137,4 k €	+2.5%	134 k €	+11.3%	120,5 k €	-3.3%	124,5 k €	-8.0%	135,3 k €	+7.0%	126,5 k €	-2.6%	130 k €	-2.3%	133 k €	+1.8%	130,6 k €	+8.4%	120,5 k €	-14.0%	140,1 k €	-2.4%	143,6 k €	-8.1%	156,2 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		0,3 ETP	-40.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	+25.0%	0,4 ETP	+100%	0,2 ETP	+100%	0,1 ETP	0.0%	0,1 ETP	-66.7%	0,3 ETP	+200%	0,1 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 · 5 ended

Active mandates

Duncan De Ceuninck

Director

Active

Ended mandates

Duncan De Ceuninck

Manager · since 01 janvier 2015

Ended

Duncan De Ceuninck

Manager

Ended

Willy Claeys

Administrator - manager

Ended

Willy Claeys

Manager

Ended

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	01/01/2025	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	31/08/2026	24/07/2025	26/07/2024	25/07/2023	26/07/2022	29/07/2021
General meeting	07/08/2026	27/06/2025	28/06/2024	19/06/2023	20/05/2022	21/05/2021
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
Micro model	31/12/2025	07/08/2026	31/08/2026	Dutch	PDF
Micro model	31/12/2024	27/06/2025	24/07/2025	Dutch	PDF
Micro model	31/12/2023	28/06/2024	26/07/2024	Dutch	PDF
Micro model	31/12/2022	19/06/2023	25/07/2023	Dutch	PDF
Micro model	31/12/2021	20/05/2022	26/07/2022	Dutch	PDF
Micro model	31/12/2020	21/05/2021	29/07/2021	Dutch	PDF
Micro model	31/12/2019	13/05/2020	13/05/2020	Dutch	PDF
Micro model	31/12/2018	17/05/2019	25/07/2019	Dutch	PDF
Micro model	31/12/2017	18/05/2018	27/07/2018	Dutch	PDF
Micro model	31/12/2016	02/10/2017	10/10/2017	Dutch	PDF
Abridged model	31/12/2015	20/05/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	15/05/2015	28/09/2015	Dutch	PDF
Abridged model	31/12/2013	16/05/2014	27/08/2014	Dutch	PDF
Abridged model	31/12/2012	17/05/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	18/05/2012	14/09/2012	Dutch	PDF
Abridged model	31/12/2010	20/05/2011	15/11/2011	Dutch	PDF
Abridged model	31/12/2009	21/05/2010	02/07/2010	Dutch	PDF
Abridged model	31/12/2008	15/05/2009	24/11/2009	Dutch	PDF
Abridged model	31/12/2007	16/05/2008	08/08/2008	Dutch	PDF
Abridged model	31/12/2006	18/05/2007	01/08/2007	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 · 5 ended

Active mandates

Duncan De Ceuninck

Director

Active

Ended mandates

Duncan De Ceuninck

Manager · since 01 janvier 2015

Ended

Duncan De Ceuninck

Manager

Ended

Willy Claeys

Administrator - manager

Ended

Willy Claeys

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/07/2019
WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Other15/03/2018
BENAMING
PDF
Mandates07/04/2015
MAATSCHAPPELIJKE ZETEL - 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 202512,4 k €↑
2024
Annual accounts 20244,1 k €↑
2023
Annual accounts 2023-14,4 k €↓
2022
Annual accounts 202210 k €↓
2021
Annual accounts 202126,3 k €↑
2020
Annual accounts 202010,9 k €↓
2019
Annual accounts 201914 k €↑
2018
Annual accounts 20182,1 k €↑
2017
Annual accounts 2017-24,6 k €↓
2017
Name changeD&C
2016
Annual accounts 2016-3,3 k €↓
2015
Annual accounts 2015722 €↑
2014
Annual accounts 2014-386 €↑
2013
Annual accounts 2013-12,2 k €↓
2012
Annual accounts 201220,4 k €↑
2011
Annual accounts 2011696 €↓
2010
Annual accounts 20105,5 k €↓
2009
Annual accounts 200913 k €↑
2008
Annual accounts 20085,7 k €↑
2007
Annual accounts 2007-5,2 k €↓
2006
Annual accounts 2006238 €
2006
Name changeWILPHINA
17/06/1986
IncorporationPrivate 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

D&C

Overview

What does D&C do?

Trend over 20 financial years

Indicative valuation

Board of directors

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