ACTIVE

DUCLA

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Financial year 2025 · closed on 30/06/2025

Net result

41,1 k €

+23.5% YoY

Gross margin

117,5 k €

+8.5% YoY

Equity

235,7 k €

+21.1% YoY

What does DUCLA do?

DUCLA is a Private limited company incorporated in 1994. Its registered office is in Hasselt.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0453.854.090

Incorporation

29/11/1994

Legal form

Private limited company

Registered office

Luikersteenweg 233 box 1
3500 Hasselt · FlandreSee on map

Contributed capital

6 205,00 €

Latest accounts

30/06/2025

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	117,5 k €	+8.5%	108,3 k €	+5.5%	102,7 k €	+35.1%	76 k €	-0.8%	76,6 k €	+1.1%	75,8 k €	-11.2%	85,3 k €	+442%	15,8 k €	+0.1%	15,7 k €	-6.8%	16,9 k €	-24.0%	22,2 k €	-64.6%	62,7 k €	-77.4%	277,2 k €	+23.9%	223,8 k €	+82.8%	122,4 k €	+159%	47,3 k €	-52.1%	98,7 k €	-50.9%	200,8 k €
EBITDA	105,1 k €	+9.6%	95,9 k €	+5.6%	90,8 k €	+29.2%	70,2 k €	-1.2%	71,1 k €	+1.8%	69,8 k €	-15.7%	82,8 k €	+445%	15,2 k €	+0.6%	15,1 k €	-7.3%	16,3 k €	+8.6%	15 k €	-74.9%	59,6 k €	-77.6%	265,7 k €	+39.8%	190 k €	+109%	91 k €	+345%	20,4 k €	-69.9%	67,9 k €	-63.1%	183,9 k €
Operating result	60,6 k €	+17.9%	51,4 k €	+11.0%	46,2 k €	+31.7%	35,1 k €	-2.4%	36 k €	+3.7%	34,7 k €	-27.2%	47,7 k €	+268%	13 k €	+0.7%	12,9 k €	-8.4%	14,1 k €	+141%	5,8 k €	-88.4%	50,4 k €	-80.3%	256,3 k €	+42.0%	180,4 k €	+140%	75,3 k €	+557%	11,5 k €	-78.0%	52,1 k €	-68.8%	167,2 k €
Net result	41,1 k €	+23.5%	33,3 k €	+9.5%	30,4 k €	+32.4%	23 k €	-1.5%	23,3 k €	+39.2%	16,8 k €	-91.9%	206,4 k €	+259%	57,5 k €	+531%	9,1 k €	-37.7%	14,6 k €	+89.6%	7,7 k €	-73.7%	29,4 k €	-82.1%	164,4 k €	+42.8%	115,2 k €	+155%	45,1 k €	+1101%	3,8 k €	-87.7%	30,6 k €	-69.3%	99,9 k €
Balance sheet
Equity	235,7 k €	+21.1%	194,5 k €	-49.9%	388,5 k €	+23.5%	314,6 k €	+7.9%	291,6 k €	+8.7%	268,3 k €	+6.7%	251,5 k €	+11.7%	225,1 k €	+34.3%	167,6 k €	+5.8%	158,5 k €	+10.2%	143,8 k €	+5.7%	136,1 k €	-23.3%	177,4 k €	+1264%	13 k €	-85.2%	87,8 k €	-24.1%	115,7 k €	-32.7%	171,9 k €	-22.3%	221,3 k €
Total assets	512,9 k €	-7.5%	554,7 k €	-33.5%	833,8 k €	-7.3%	899,8 k €	-2.5%	923,2 k €	-5.5%	977 k €	+22.1%	800,4 k €	+188%	277,7 k €	+22.9%	225,9 k €	-4.4%	236,2 k €	-1.1%	238,8 k €	-46.3%	444,7 k €	+43.3%	310,4 k €	+12.8%	275,2 k €	+1.9%	270,1 k €	-11.3%	304,6 k €	+4.6%	291,1 k €	-20.0%	363,7 k €
Cash	133,3 k €	-5.5%	141,1 k €	-62.6%	377 k €	+19080%	2 k €	-15.8%	2,3 k €	-88.1%	19,6 k €	-33.3%	29,3 k €	+67326%	43,5 €	-90.0%	433 €	+907%	43 €	-99.6%	10,4 k €	-88.5%	91,1 k €	+148%	36,7 k €	+369%	7,8 k €	+93.5%	4 k €	-38.8%	6,6 k €	-61.3%	17,1 k €	+419%	3,3 k €
Debts	265,8 k €	-23.8%	348,8 k €	-19.7%	434,4 k €	-25.1%	579,7 k €	-7.4%	626,1 k €	-10.8%	702,3 k €	+27.9%	548,9 k €	+943%	52,6 k €	-9.8%	58,3 k €	-25.0%	77,8 k €	-18.1%	95 k €	-69.2%	308,6 k €	+132%	133 k €	-49.3%	262,2 k €	+43.9%	182,2 k €	-3.5%	188,9 k €	+58.5%	119,2 k €	-16.3%	142,4 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		0,1 ETP	-80.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 16 ended

Active mandates

Bram Nickmans

Director · since 31 mai 2019

Active

Didier Appeltans

Director · since 31 mai 2019

Active

Ended mandates

Bram Nickmans

Managing director · since 31 mai 2019 · until 31 mai 2025

Ended

Bram NICKMANS

Managing director · since 31 mai 2019 · until 31 mai 2024

Ended

Didier Appeltans

Managing director · since 31 mai 2019 · until 31 mai 2025

Ended

Didier APPELTANS

Managing director · since 31 mai 2019 · until 31 mai 2024

Ended

At this address

Other companies at this address

Company	CBE no.
AFTERSOUNDS CONCEPT● Active	0748.562.361
DRIESKENS & DUBOIS ARCHITECTEN● Active	0451.530.149
Vereniging van Mede-eigenaars van het gebouw te 3500 Hasselt, Luikersteenweg 233● Active	0824.144.761

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	06/01/2026	24/01/2025	10/01/2024	13/01/2023	12/01/2022	29/01/2021
General meeting	26/12/2025	27/12/2024	29/12/2023	30/12/2022	31/12/2021	28/12/2020
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	26/12/2025	06/01/2026	Dutch	PDF
Abridged model	30/06/2024	27/12/2024	24/01/2025	Dutch	PDF
Abridged model	30/06/2023	29/12/2023	10/01/2024	Dutch	PDF
Abridged model	30/06/2022	30/12/2022	13/01/2023	Dutch	PDF
Abridged model	30/06/2021	31/12/2021	12/01/2022	Dutch	PDF
Abridged model	30/06/2020	28/12/2020	29/01/2021	Dutch	PDF
Abridged modelCorrection	30/06/2019	31/12/2019	19/03/2020	Dutch	PDF
Abridged model	30/06/2019	31/12/2019	31/01/2020	Dutch	PDF
Abridged model	30/06/2018	28/12/2018	31/01/2019	Dutch	PDF
Abridged model	30/06/2017	29/12/2017	09/01/2018	Dutch	PDF
Abridged model	30/06/2016	30/12/2016	13/01/2017	Dutch	PDF
Abridged model	30/06/2015	29/12/2015	13/01/2016	Dutch	PDF
Abridged model	30/06/2014	26/12/2014	14/01/2015	Dutch	PDF
Abridged model	30/06/2013	28/12/2013	29/01/2014	Dutch	PDF
Abridged model	30/06/2012	28/12/2012	25/01/2013	Dutch	PDF
Abridged model	30/06/2011	30/12/2011	12/01/2012	Dutch	PDF
Abridged model	30/06/2010	24/12/2010	10/01/2011	Dutch	PDF
Abridged model	30/06/2009	26/12/2009	04/01/2010	Dutch	PDF
Abridged model	30/06/2008	26/12/2008	22/01/2009	Dutch	PDF
Abridged model	30/06/2007	28/12/2007	08/01/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 16 ended

Active mandates

Bram Nickmans

Director · since 31 mai 2019

Active

Didier Appeltans

Director · since 31 mai 2019

Active

Ended mandates

Bram Nickmans

Managing director · since 31 mai 2019 · until 31 mai 2025

Ended

Bram NICKMANS

Managing director · since 31 mai 2019 · until 31 mai 2024

Ended

Didier Appeltans

Managing director · since 31 mai 2019 · until 31 mai 2025

Ended

Didier APPELTANS

Managing director · since 31 mai 2019 · until 31 mai 2024

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring28/07/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Restructuring03/03/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates28/06/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/11/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/07/2016
ONTSLAGEN - BENOEMINGEN
PDF
Registered office05/02/2014
MAATSCHAPPELIJKE ZETEL
PDF
Mandates26/07/2013
BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
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 202541,1 k €↑
2024
Annual accounts 202433,3 k €↑
2023
Annual accounts 202330,4 k €↑
2021
Annual accounts 202123 k €↓
2020
Annual accounts 202023,3 k €↑
2019
Annual accounts 201916,8 k €↓
2018
Annual accounts 2018206,4 k €↑
2017
Annual accounts 201757,5 k €↑
2016
Annual accounts 20169,1 k €↓
2015
Annual accounts 201514,6 k €↑
2014
Annual accounts 20147,7 k €↓
2013
Annual accounts 201329,4 k €↓
2012
Annual accounts 2012164,4 k €↑
2011
Annual accounts 2011115,2 k €↑
2010
Annual accounts 201045,1 k €↑
2009
Annual accounts 20093,8 k €↓
2008
Annual accounts 200830,6 k €↓
2007
Annual accounts 200799,9 k €
29/11/1994
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

DUCLA

Overview

What does DUCLA do?

Trend over 18 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