ACTIVE

DUBACO

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Financial year 2025 · Closed on 31/12/2025

Net result218 k €+66,9 %over 1 year

Gross margin84,5 k €-71,0 %over 1 year

Equity3,3 M €+7,0 %over 1 year

Workforce0,0 ETP

Identity

Source · BCE/KBO

DUBACO is a Public limited company incorporated in 1989. Its main activity is: Management consultancy activities. Its registered office is in Tielt.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0439.633.494
Incorporation: 22/12/1989
Legal form: Public limited company
Registered office: Ambachtenlaan 28
8760 Tielt · FlandreSee on map
Contributed capital: 134 883,96 €
Latest accounts: 31/12/2025
Average workforce: 0,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 9 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	84,5 k €	-71.0%	291,7 k €	+537%	45,8 k €	-8.2%	49,9 k €	+8.1%	46,2 k €
EBITDA	82,5 k €	-38.6%	134,3 k €	+525%	21,5 k €	+107%	-313 k €	-1193%	28,6 k €
Operating result	73,7 k €	-34.3%	112,2 k €	+948%	10,7 k €	+103%	-323,8 k €	-415%	102,7 k €
Net result	218 k €	+66.9%	130,6 k €	+3.3%	126,4 k €	+287%	-67,6 k €	-157%	119,3 k €
Balance sheet
Equity	3,3 M €	+7.0%	3,1 M €	+4.4%	3 M €	+4.5%	2,8 M €	-2.3%	2,9 M €
Total assets	3,4 M €	+9.2%	3,1 M €	+5.1%	3 M €	+3.8%	2,9 M €	-1.6%	2,9 M €
Cash	127,3 k €	+15.9%	109,8 k €	+11.3%	98,7 k €	-92.9%	1,4 M €	+13.9%	1,2 M €
Debts	90,1 k €	+283%	23,5 k €	+623%	3,3 k €	-84.0%	20,4 k €	+2792%	704,4 €
Other
Workforce	0,0 ETP		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Anton Casteleyn	Managing director15/07/2025 → 29/05/2029
Katelijn Dubaere	Managing director20/06/2016 → 15/07/2025Director22/12/1989 → 2024 accountsended
Luc Dubaere	Managing director09/07/2001 → 29/05/2029Director20/06/2016 → 2024 accountsended
Olivier Dubaere	Managing director30/01/2019 → 29/05/2029Director15/12/2023 → 2024 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Joost Dubaere	Managing director20/06/2016 → 2019 accounts
DINVEST0882.571.425Represented by FRANCISCA CHRISTIAENS	Director25/06/2010 → 2010 accounts

Other companies at this address

Ambachtenlaan 28 8760 Tielt

Company	CBE no.
DUBACO CONSTRUCT● Active	1022.228.065
DUCO INVEST● Active	0832.738.565
DVA● Active	0425.035.489
HDC & COMPANY● Active	0743.839.946
REBOPLAST● Active	0810.968.203
RENT@C● Active	1012.496.292
SMARTROOF● Active	0823.161.893
SMARTROOF SOLAR● Active	0845.296.107
STORIM INVEST● Active	0466.739.848

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged 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	18/05/2026	25/07/2025	12/03/2024	17/07/2023	31/05/2022	26/05/2021
General meeting	05/05/2026	15/07/2025	28/02/2024	14/06/2023	31/05/2022	25/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	05/05/2026	18/05/2026	Dutch	PDF
Micro model	31/12/2024	15/07/2025	25/07/2025	Dutch	PDF
Micro model	31/12/2023	28/02/2024	12/03/2024	Dutch	PDF
Micro model	31/12/2022	14/06/2023	17/07/2023	Dutch	PDF
Micro model	31/12/2021	31/05/2022	31/05/2022	Dutch	PDF
Micro model	31/12/2020	25/05/2021	26/05/2021	Dutch	PDF
Micro model	31/12/2019	26/05/2020	26/05/2020	Dutch	PDF
Micro model	31/12/2018	28/05/2019	20/06/2019	Dutch	PDF
Micro model	31/12/2017	24/03/2018	26/04/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	13/07/2017	Dutch	PDF
Abridged model	31/12/2015	20/06/2016	29/06/2016	Dutch	PDF
Abridged model	31/12/2014	26/05/2015	14/08/2015	Dutch	PDF
Abridged model	31/12/2013	27/05/2014	10/07/2014	Dutch	PDF
Abridged model	31/12/2012	28/05/2013	02/07/2013	Dutch	PDF
Abridged model	31/12/2011	29/05/2012	12/07/2012	Dutch	PDF
Abridged model	31/12/2010	31/05/2011	20/07/2011	Dutch	PDF
Abridged model	31/12/2009	30/04/2010	31/05/2010	Dutch	PDF
Abridged model	31/12/2008	26/05/2009	28/05/2009	Dutch	PDF
Abridged model	31/12/2007	27/05/2008	09/07/2008	Dutch	PDF
Abridged model	31/12/2006	29/05/2007	12/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Anton Casteleyn	Managing director15/07/2025 → 29/05/2029
Katelijn Dubaere	Managing director20/06/2016 → 15/07/2025Director22/12/1989 → 2024 accountsended
Luc Dubaere	Managing director09/07/2001 → 29/05/2029Director20/06/2016 → 2024 accountsended
Olivier Dubaere	Managing director30/01/2019 → 29/05/2029Director15/12/2023 → 2024 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Joost Dubaere	Managing director20/06/2016 → 2019 accounts
DINVEST0882.571.425Represented by FRANCISCA CHRISTIAENS	Director25/06/2010 → 2010 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates15/04/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/06/2019
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares10/11/2017
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates25/08/2016
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares23/07/2010
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Restructuring19/07/2010
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring14/05/2010
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF

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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

Filings9 filings

Mandates

Anton Casteleyn

Olivier Dubaere

Katelijn Dubaere

Luc Dubaere

Joost Dubaere

NORINVEST

DINVEST

KOBELMA

BELMADUC

DUPRO

Etienne Dubaere

19891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

DUBACO

Ambachtenlaan 28, 8760 Tielt

Managing director

Managing directorDirector

Managing director

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Ambachtenlaan 28, 8760 TieltCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00112902

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
DUBACOCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00112902

Events

2025
Annual accounts 2025218 k €↑
2024
Annual accounts 2024130,6 k €↑
2023
Annual accounts 2023126,4 k €↑
2022
Annual accounts 2022-67,6 k €↓
2021
Annual accounts 2021119,3 k €↓
2010
Annual accounts 2010222,4 k €↑
2009
Annual accounts 2009158,4 k €↑
2008
Annual accounts 2008-74,7 k €↓
2007
Annual accounts 2007108,4 k €
22/12/1989
IncorporationPublic limited company

DUBACO

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