ACTIVE

DUALL

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Financial year 2025 · closed on 30/06/2025

Net result

264,3 k €

+0.3% YoY

Gross margin

1,8 M €

+3.1% YoY

Equity

878,6 k €

+43.0% YoY

Workforce

18,4 ETP

+0.5% YoY

What does DUALL do?

DUALL is a Private limited company incorporated in 2005. Its main activity is: Manufacture of furniture. Its registered office is in Herk-de-Stad. It employs on average 18,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0875.364.721

Incorporation

01/08/2005

Legal form

Private limited company

Registered office

Steenweg 3 box 13
3540 Herk-de-Stad · FlandreSee on map

Contributed capital

30 000,00 €

Latest accounts

30/06/2025

Average workforce

18,4 ETP

Activities (NACE)

31002Manufacture of furniture· main 31020Manufacture of kitchen furniture 36130Water collection, treatment and supply 43222Plumbing, heat and air-conditioning installation 43222Plumbing, heat and air-conditioning installation 43211Electrical installation+11

Joint committees (5)

124
1240
200
2000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,8 M €	+3.1%	1,8 M €	+46.8%	1,2 M €		–		1,1 M €	+9.6%	1,0 M €	-4.6%	1,1 M €	+15.9%	931,0 k €	-22.8%	1,2 M €	+45.4%	829,1 k €	+21.6%	681,7 k €	+19.9%	568,5 k €	+13.1%	502,8 k €	+28.2%	392,1 k €	+26.2%	310,6 k €	+46.4%	212,2 k €	+5.9%	200,3 k €	+537%	31,5 k €	+56.8%	20,1 k €
EBITDA	472,8 k €	-1.9%	482,0 k €	+85.1%	260,4 k €	+68.7%	154,4 k €	+21.7%	126,8 k €	-7.4%	136,9 k €	-20.0%	171,1 k €	+174%	62,5 k €	-52.2%	130,8 k €	+32.4%	98,8 k €	-10.0%	109,8 k €	-21.7%	140,2 k €	+67.9%	83,5 k €	+14.6%	72,9 k €	-13.6%	84,4 k €	-16.8%	101,4 k €	-11.6%	114,7 k €	+270%	31,0 k €	+58.7%	19,6 k €
Operating result	419,8 k €	+0.6%	417,3 k €	+107%	202,0 k €	+117%	93,2 k €	+33.8%	69,7 k €	-16.8%	83,7 k €	-26.4%	113,8 k €	+2176%	-5,5 k €	-125%	22,3 k €	-35.8%	34,7 k €	-14.7%	40,7 k €	-49.3%	80,4 k €	+128%	35,2 k €	+36.3%	25,9 k €	+87.2%	13,8 k €	-77.2%	60,4 k €	-35.0%	93,1 k €	+415%	18,1 k €	+8221%	217,0 €
Net result	264,3 k €	+0.3%	263,3 k €	+129%	115,2 k €	+220%	35,9 k €	+70.5%	21,1 k €	+107%	10,2 k €	-80.6%	52,3 k €	+213%	-46,3 k €	-95.5%	-23,7 k €	-249%	15,9 k €	-11.3%	17,9 k €	-62.4%	47,8 k €	+290%	12,2 k €	+34.8%	9,1 k €	+12.2%	8,1 k €	-82.8%	47,0 k €	-33.2%	70,3 k €	+456%	12,7 k €	+1625%	-830,0 €
Balance sheet
Equity	878,6 k €	+43.0%	614,4 k €	+75.0%	351,0 k €	+48.8%	235,9 k €	+25.1%	188,5 k €	+12.6%	167,4 k €	+6.5%	157,3 k €	+69.9%	92,5 k €	-33.3%	138,8 k €	-14.6%	162,5 k €	+10.9%	146,6 k €	+14.1%	128,5 k €	+59.1%	80,8 k €	+17.8%	68,5 k €	-31.1%	99,5 k €	+8.9%	91,4 k €	+37.7%	66,4 k €	+268%	18,0 k €	+236%	5,4 k €
Total assets	1,6 M €	-14.7%	1,9 M €	+2.4%	1,9 M €	+68.8%	1,1 M €	-32.1%	1,6 M €	+20.8%	1,3 M €	+19.2%	1,1 M €	+5.1%	1,1 M €	-9.8%	1,2 M €	+30.3%	911,5 k €	+66.1%	548,9 k €	-21.9%	702,5 k €	+12.8%	622,5 k €	+46.0%	426,4 k €	+0.9%	422,8 k €	+23.7%	341,8 k €	+30.2%	262,6 k €	+150%	105,0 k €	+25.9%	83,4 k €
Cash	187,7 k €	+197%	63,3 k €	+96.6%	32,2 k €	-56.0%	73,1 k €	+90.5%	38,4 k €	-19.9%	47,9 k €	-48.3%	92,5 k €	-30.8%	133,7 k €	+199%	44,7 k €	-18.9%	55,1 k €	+29.7%	42,5 k €	+53.7%	27,7 k €	-8.6%	30,3 k €	-55.2%	67,5 k €	+543%	10,5 k €	-70.1%	35,2 k €	+7.7%	32,6 k €	+924%	3,2 k €	-26.2%	4,3 k €
Debts	746,2 k €	-42.2%	1,3 M €	-14.4%	1,5 M €	+74.3%	866,1 k €	-39.6%	1,4 M €	+22.0%	1,2 M €	+21.3%	968,6 k €	-0.9%	977,6 k €	-6.7%	1,0 M €	+40.1%	748,1 k €	+86.6%	400,8 k €	-30.0%	572,8 k €	+7.1%	535,0 k €	+55.0%	345,3 k €	+7.1%	322,3 k €	+29.8%	248,3 k €	+33.4%	186,1 k €	+118%	85,5 k €	+11.7%	76,5 k €
Other
Workforce	18,4 ETP	+0.5%	18,3 ETP	+15.8%	15,8 ETP	+3.9%	15,2 ETP	-8.4%	16,6 ETP	-4.0%	17,3 ETP	-0.6%	17,4 ETP	+12.3%	15,5 ETP	+8.4%	14,3 ETP	+0.7%	14,2 ETP	+18.3%	12,0 ETP	+41.2%	8,5 ETP	-4.5%	8,9 ETP	+43.5%	6,2 ETP	+29.2%	4,8 ETP	+54.8%	3,1 ETP	+3.3%	3,0 ETP		–		–

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 30/06/2025 · 2 active · 8 ended

Active mandates

Mieke Maes

Director · since 01 juillet 2010

Active

Lieven Verpoorten

Director · since 13 juillet 2005

Active

Ended mandates

Mieke MAES

Manager · since 01 juillet 2010

Ended

Lieven Verpoorten

Manager · since 13 juillet 2005

Ended

Mikal Giels

Manager · since 13 juillet 2005

Ended

Lieven VERPOORTEN

Director

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Full 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	07/10/2025	01/10/2024	10/10/2023	11/10/2022	07/12/2021	18/12/2020
General meeting	04/10/2025	28/09/2024	28/09/2023	20/09/2022	04/12/2021	05/12/2020
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	04/10/2025	07/10/2025	Dutch	PDF
Abridged model	30/06/2024	28/09/2024	01/10/2024	Dutch	PDF
Abridged model	30/06/2023	28/09/2023	10/10/2023	Dutch	PDF
Full model	30/06/2022	20/09/2022	11/10/2022	Dutch	PDF
Abridged model	30/06/2022	20/09/2022	27/09/2022	Dutch	PDF
Abridged model	30/06/2021	04/12/2021	07/12/2021	Dutch	PDF
Abridged model	30/06/2020	05/12/2020	18/12/2020	Dutch	PDF
Abridged model	30/06/2019	19/08/2019	23/08/2019	Dutch	PDF
Abridged model	30/06/2018	01/12/2018	21/12/2018	Dutch	PDF
Abridged model	30/06/2017	23/12/2017	04/01/2018	Dutch	PDF
Abridged model	31/12/2015	04/06/2016	17/06/2016	Dutch	PDF
Abridged model	31/12/2014	06/06/2015	17/06/2015	Dutch	PDF
Abridged model	31/12/2013	07/06/2014	26/06/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	03/07/2013	Dutch	PDF
Abridged model	31/12/2011	02/06/2012	19/07/2012	Dutch	PDF
Abridged model	31/12/2010	04/06/2011	22/06/2011	Dutch	PDF
Abridged model	31/12/2009	05/06/2010	24/06/2010	Dutch	PDF
Abridged model	31/12/2008	06/06/2009	13/07/2009	Dutch	PDF
Abridged model	31/12/2007	07/06/2008	13/06/2008	Dutch	PDF
Abridged model	31/12/2006	02/06/2007	20/06/2007	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 30/06/2025 · 2 active · 8 ended

Active mandates

Mieke Maes

Director · since 01 juillet 2010

Active

Lieven Verpoorten

Director · since 13 juillet 2005

Active

Ended mandates

Mieke MAES

Manager · since 01 juillet 2010

Ended

Lieven Verpoorten

Manager · since 13 juillet 2005

Ended

Mikal Giels

Manager · since 13 juillet 2005

Ended

Lieven VERPOORTEN

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/04/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Other15/12/2016
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates11/10/2016
ONTSLAGEN - BENOEMINGEN
PDF
Registered office16/04/2013
MAATSCHAPPELIJKE ZETEL
PDF
Registered office24/10/2012
MAATSCHAPPELIJKE ZETEL
PDF
Mandates29/10/2010
ONTSLAGEN - BENOEMINGEN
PDF
Other03/11/2005
DIVERSEN
PDF
Other09/08/2005
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025264,3 k €↑
2024
Annual accounts 2024263,3 k €↑
2023
Annual accounts 2023115,2 k €↑
2022
Annual accounts 202235,9 k €↑
2021
Annual accounts 202121,1 k €↑
2020
Annual accounts 202010,2 k €↓
2019
Annual accounts 201952,3 k €↑
2018
Annual accounts 2018-46,3 k €↓
2017
Annual accounts 2017-23,7 k €↓
2015
Annual accounts 201515,9 k €↓
2014
Annual accounts 201417,9 k €↓
2013
Annual accounts 201347,8 k €↑
2012
Annual accounts 201212,2 k €↑
2011
Annual accounts 20119,1 k €↑
2010
Annual accounts 20108,1 k €↓
2009
Annual accounts 200947,0 k €↓
2008
Annual accounts 200870,3 k €↑
2007
Annual accounts 200712,7 k €↑
2006
Annual accounts 2006-830,0 €
01/08/2005
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

DUALL

Overview

What does DUALL do?

Trend over 19 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