ACTIVE

DULLE GRIET

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Financial year 2025 · closed on 31/12/2025

Net result

318,1 k €

+591.6% YoY

Gross margin

528,1 k €

+70.4% YoY

Equity

962,1 k €

+50.2% YoY

What does DULLE GRIET do?

DULLE GRIET is a Public limited company incorporated in 1991. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Woluwe-Saint-Lambert.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0444.992.448

Incorporation

28/08/1991

Legal form

Public limited company

Registered office

Chaussée de Louvain 1188
1200 Woluwe-Saint-Lambert · BruxellesSee on map

Contributed capital

181 868,06 €

Latest accounts

31/12/2025

Activities (NACE)

68201Rental and operating of own or leased real estate· main 68201Rental and operating of own or leased real estate

Signals

ProfitableSolid equityLow riskGood liquidityPositive 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	528,1 k €	+70.4%	309,9 k €	+120%	140,9 k €	+44.2%	97,7 k €	-19.5%	121,4 k €	+6.6%	113,9 k €	-9.3%	125,6 k €	-0.2%	125,8 k €	+6.6%	118 k €	+2.7%	114,9 k €	-1.4%	116,5 k €	+3.7%	112,3 k €	-10.6%	125,6 k €	-4.2%	131,2 k €	-1.3%	132,9 k €	+15.8%	114,8 k €	-9.1%	126,3 k €	+18.7%	106,4 k €	+14.1%	93,2 k €	-10.6%	104,2 k €
EBITDA	492,4 k €	+179%	176,6 k €	+44.5%	122,2 k €	+48.8%	82,1 k €	-23.4%	107,1 k €	+6.0%	101,1 k €	-9.6%	111,8 k €	-2.3%	114,5 k €	+7.3%	106,7 k €	+6.3%	100,4 k €	-4.8%	105,5 k €	+18.0%	89,4 k €	-21.2%	113,5 k €	-5.4%	120 k €	-2.7%	123,4 k €	+20.9%	102 k €	-10.1%	113,5 k €	+20.2%	94,4 k €	+16.9%	80,8 k €	-12.0%	91,7 k €
Operating result	453,1 k €	+293%	115,2 k €	+81.1%	63,6 k €	+117%	29,3 k €	-52.3%	61,4 k €	+19.1%	51,6 k €	-4.5%	54 k €	-13.9%	62,7 k €	+24.5%	50,3 k €	+38.3%	36,4 k €	-24.5%	48,2 k €	+47.1%	32,8 k €	-39.6%	54,2 k €	+1.1%	53,6 k €	+15.7%	46,3 k €	+87.1%	24,8 k €	-36.9%	39,3 k €	+169%	14,6 k €	+5.7%	13,8 k €	-62.1%	36,4 k €
Net result	318,1 k €	+592%	46 k €	+60.9%	28,6 k €	+341%	6,5 k €	-78.7%	30,4 k €	+25.5%	24,2 k €	+0.2%	24,2 k €	-13.4%	27,9 k €	+44.1%	19,4 k €	+49.7%	13 k €	-92.4%	169,6 k €	+1949%	8,3 k €	-70.9%	28,4 k €	+1.1%	28,1 k €	+30.9%	21,4 k €	+69.1%	12,7 k €	-32.6%	18,8 k €	+559%	-4,1 k €	-129%	13,9 k €	+19.7%	11,6 k €
Balance sheet
Equity	962,1 k €	+50.2%	640,5 k €	+7.7%	594,5 k €	+5.1%	565,9 k €	+1.2%	559,4 k €	+5.8%	529 k €	+4.8%	504,8 k €	+5.0%	480,6 k €	+6.2%	452,6 k €	+4.5%	433,2 k €	+3.1%	420,3 k €	+67.6%	250,7 k €	+3.4%	242,4 k €	+7.5%	225,6 k €	+14.2%	197,5 k €	+12.2%	176,1 k €	+7.8%	163,4 k €	+13.0%	144,6 k €	-2.8%	148,7 k €	+10.3%	134,8 k €
Total assets	1,6 M €	+29.5%	1,3 M €	+19.9%	1 M €	-0.4%	1,1 M €	+11.3%	944,7 k €	+1.9%	926,9 k €	+0.1%	925,6 k €	-1.1%	935,7 k €	+0.4%	931,9 k €	-1.6%	947,2 k €	-15.9%	1,1 M €	+28.9%	873,4 k €	-2.0%	890,9 k €	-2.9%	917,3 k €	+3.7%	884,8 k €	+2.0%	867,4 k €	-1.2%	878,1 k €	-2.2%	897,7 k €	+16.4%	771 k €	+1.2%	761,5 k €
Cash	492,5 k €	+967%	46,2 k €	+142%	19,1 k €	-61.8%	50 k €	+289%	12,8 k €	-95.2%	265,4 k €	+10.4%	240,4 k €	-8.8%	263,5 k €	+42.5%	185 k €	+7.9%	171,4 k €	+266%	46,9 k €	-49.9%	93,6 k €	-49.0%	183,3 k €	+11.6%	164,3 k €	+99.4%	82,4 k €	+210%	26,6 k €	-7.9%	28,9 k €	+328%	6,7 k €	-35.4%	10,4 k €	-49.6%	20,7 k €
Debts	451,8 k €	-10.1%	502,6 k €	+11.6%	450,2 k €	-7.0%	484,2 k €	+26.3%	383,4 k €	-3.6%	397,5 k €	-4.1%	414,5 k €	-7.8%	449,6 k €	-2.4%	460,6 k €	-6.7%	493,6 k €	-28.2%	687,8 k €	+11.6%	616,4 k €	-3.1%	636,1 k €	-6.9%	683,4 k €	+0.5%	679,7 k €	-1.5%	690,1 k €	-3.3%	713,7 k €	-5.1%	752 k €	+21.0%	621,7 k €	-0.7%	626 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 11 ended

Active mandates

BRUVACO

Director · since 07 janvier 2026 · until 02 juin 2031 · 0442.609.911

Represented by Frank Tans

Active

Ended mandates

Servaas Goeters

Director · since 05 octobre 2001 · until 21 juin 2015

Ended

Servaas Goeters

Director · since 05 octobre 2001

Ended

Gudrun Carbonez

Director · since 30 décembre 1996 · until 21 juin 2015

Ended

Gudrun Carbonez

Director · since 30 décembre 1996

Ended

At this address

Other companies at this address

Company	CBE no.
ARDEA● Active	0802.872.463
ARDEA ALBA● Active	0802.873.057
ARDEA ALBA TERRA● Active	1003.857.453
ARDEA INTERMEDIA● Active	0802.872.859
ARDEA INTERMEDIA TERRA● Active	1003.857.156
ARLACO● Active	0457.237.610
BRUVACO● Active	0442.609.911
BRUVINVEST● Active	0807.257.655
CEPRIM● Active	0430.483.030
CITESILE● Active	0832.843.978
COOMANS IMMO● Active	0446.947.591
DECOSIM● Active	0431.282.982
Detailgants● Active	0400.614.552
DIANA PRO NATURA● Active	0734.873.780
European Association of Independent Vehicle Traders● Active	0471.517.493
EUROPEAN MANAGEMENT ENGINEERING AND REPRESENTATION COMPANY● Active	0433.271.581
EXPRESCO● Active	0452.628.427
FAI PATRIMONIUM INVEST● Active	0447.900.963
FAP AGRO● Active	0795.967.548
FAP RETAIL● Active	0795.967.746

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	07/08/2025	05/08/2024	31/08/2023	20/07/2022	31/08/2021
General meeting	31/08/2026	21/06/2025	15/06/2024	17/06/2023	18/06/2022	19/06/2021
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	31/08/2026	31/08/2026	Dutch	PDF
Micro model	31/12/2024	21/06/2025	07/08/2025	Dutch	PDF
Micro model	31/12/2023	15/06/2024	05/08/2024	Dutch	PDF
Micro model	31/12/2022	17/06/2023	31/08/2023	Dutch	PDF
Micro model	31/12/2021	18/06/2022	20/07/2022	Dutch	PDF
Micro model	31/12/2020	19/06/2021	31/08/2021	Dutch	PDF
Micro model	31/12/2019	20/06/2020	31/08/2020	Dutch	PDF
Micro model	31/12/2018	15/06/2019	16/07/2019	Dutch	PDF
Micro model	31/12/2017	16/06/2018	09/07/2018	Dutch	PDF
Micro model	31/12/2016	17/06/2017	31/07/2017	Dutch	PDF
Abridged model	31/12/2015	18/06/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	20/06/2015	16/07/2015	Dutch	PDF
Abridged model	31/12/2013	21/06/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	15/06/2013	17/06/2013	Dutch	PDF
Abridged model	31/12/2011	16/06/2012	13/07/2012	Dutch	PDF
Abridged model	31/12/2010	18/06/2011	31/12/2011	Dutch	PDF
Abridged model	31/12/2009	19/06/2010	30/12/2010	Dutch	PDF
Abridged model	31/12/2008	20/06/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	21/06/2008	31/08/2008	Dutch	PDF
Abridged model	31/12/2006	16/06/2007	28/08/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 11 ended

Active mandates

BRUVACO

Director · since 07 janvier 2026 · until 02 juin 2031 · 0442.609.911

Represented by Frank Tans

Active

Ended mandates

Servaas Goeters

Director · since 05 octobre 2001 · until 21 juin 2015

Ended

Servaas Goeters

Director · since 05 octobre 2001

Ended

Gudrun Carbonez

Director · since 30 décembre 1996 · until 21 juin 2015

Ended

Gudrun Carbonez

Director · since 30 décembre 1996

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/02/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Capital / shares12/01/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates30/09/2024
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates05/11/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/08/2015
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares08/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates23/06/2010
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares28/09/2006
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025318,1 k €↑
2024
Annual accounts 202446 k €↑
2023
Annual accounts 202328,6 k €↑
2022
Annual accounts 20226,5 k €↓
2021
Annual accounts 202130,4 k €↑
2020
Annual accounts 202024,2 k €↑
2019
Annual accounts 201924,2 k €↓
2018
Annual accounts 201827,9 k €↑
2017
Annual accounts 201719,4 k €↑
2016
Annual accounts 201613 k €↓
2015
Annual accounts 2015169,6 k €↑
2014
Annual accounts 20148,3 k €↓
2013
Annual accounts 201328,4 k €↑
2012
Annual accounts 201228,1 k €↑
2011
Annual accounts 201121,4 k €↑
2010
Annual accounts 201012,7 k €↓
2009
Annual accounts 200918,8 k €↑
2008
Annual accounts 2008-4,1 k €↓
2007
Annual accounts 200713,9 k €↑
2006
Annual accounts 200611,6 k €
28/08/1991
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

DULLE GRIET

Overview

What does DULLE GRIET do?

Trend over 20 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