ACTIVE

DUBBEL

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Financial year 2025 · closed on 31/12/2025

Net result

586,6 k €

+12.3% YoY

Gross margin

1,6 M €

+7.5% YoY

Equity

326,7 k €

+12.6% YoY

What does DUBBEL do?

DUBBEL is a Private limited company incorporated in 2005. Its registered office is in Brugge.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0875.858.431

Incorporation

05/09/2005

Legal form

Private limited company

Registered office

Wollestraat 53
8000 Brugge · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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	1,6 M €	+7.5%	1,5 M €	+27.6%	1,2 M €	+20.5%	959,2 k €	+93.6%	495,5 k €	+81.5%	273 k €	-77.8%	1,2 M €	+7.1%	1,2 M €	+19.4%	964,5 k €	+12.0%	860,8 k €	-0.7%	866,5 k €	+14.2%	758,6 k €	+5.0%	722,1 k €	+6.6%	677,5 k €	+9.7%	617,7 k €	+55.4%	397,6 k €	+4.7%	379,8 k €	+87.2%	202,8 k €	+90.1%	106,7 k €	+321%	-48,4 k €
EBITDA	826,1 k €	+11.7%	739,4 k €	+23.6%	598 k €	+24.7%	479,4 k €	+135%	204,4 k €	+4917%	4,1 k €	-99.3%	626,1 k €	+29.3%	484,2 k €	+10.7%	437,4 k €	+7.2%	408,2 k €	-5.1%	430,2 k €	-3.4%	445,2 k €	+8.0%	412,3 k €	+3.1%	399,9 k €	+7.8%	370,9 k €	+89.4%	195,8 k €	+10.2%	177,7 k €	+113%	83,6 k €	+212%	26,8 k €	+153%	-50,8 k €
Operating result	801,4 k €	+12.5%	712,1 k €	+26.3%	563,7 k €	+30.2%	433,1 k €	+175%	157,8 k €	+403%	-52,1 k €	-110%	545 k €	+33.5%	408,2 k €	+16.2%	351,2 k €	+23.0%	285,6 k €	-10.8%	320 k €	-9.3%	352,8 k €	+13.7%	310,2 k €	+3.4%	300,1 k €	+10.7%	271,1 k €	+126%	119,8 k €	+3.8%	115,4 k €	+207%	37,6 k €	+425%	-11,6 k €	+77.3%	-51 k €
Net result	586,6 k €	+12.3%	522,2 k €	+24.6%	418,9 k €	+25.8%	333,1 k €	+122%	149,7 k €	+372%	-55,1 k €	-114%	390,1 k €	+35.2%	288,6 k €	+29.5%	222,8 k €	+20.8%	184,5 k €	-11.3%	207,9 k €	-5.4%	219,8 k €	+14.2%	192,4 k €	+3.1%	186,6 k €	+15.5%	161,6 k €	+114%	75,4 k €	-27.4%	103,9 k €	+265%	28,4 k €	+189%	-32 k €	+42.8%	-55,8 k €
Balance sheet
Equity	326,7 k €	+12.6%	290,1 k €	+8.3%	268 k €	+7.6%	249 k €	0.0%	249 k €	+0.0%	249 k €	-18.1%	304,1 k €	+49.1%	204 k €	+4.4%	195,4 k €	+13.2%	172,6 k €	+34.7%	128,2 k €	+113%	60,2 k €	+194%	20,5 k €	0.0%	20,5 k €	0.0%	20,5 k €	0.0%	20,5 k €	-24.5%	27,1 k €	+167%	-40,7 k €	+41.1%	-69,2 k €	-85.8%	-37,2 k €
Total assets	938,5 k €	-26.9%	1,3 M €	+32.4%	969,4 k €	+8.7%	892 k €	+22.6%	727,3 k €	+50.7%	482,5 k €	-45.6%	886,8 k €	+5.6%	840 k €	+20.1%	699,2 k €	+12.2%	623,1 k €	+30.9%	476 k €	-6.0%	506,5 k €	-4.9%	532,7 k €	-13.0%	612,6 k €	-15.2%	722,8 k €	+26.5%	571,2 k €	+2.0%	559,9 k €	+24.5%	449,7 k €	+8.5%	414,4 k €	+29.3%	320,3 k €
Cash	450,7 k €	-47.0%	851 k €	+44.2%	590,2 k €	+7.3%	549,8 k €	+41.3%	389,1 k €	+2162%	17,2 k €	-96.1%	438,5 k €	+5.3%	416,4 k €	+31.8%	315,9 k €	+27.7%	247,5 k €	+152%	98,3 k €	-46.8%	184,6 k €	+3.6%	178,3 k €	-8.5%	194,8 k €	-22.2%	250,5 k €	+65.8%	151,1 k €	+46.4%	103,2 k €	+29.3%	79,8 k €	+58.9%	50,2 k €	+36.8%	36,7 k €
Debts	586,8 k €	-39.4%	968,3 k €	+40.4%	689,5 k €	+7.2%	642,9 k €	+37.5%	467,7 k €	+117%	215,5 k €	-60.5%	545,2 k €	-13.2%	628,3 k €	+26.5%	496,5 k €	+11.9%	443,8 k €	+30.1%	341,1 k €	-20.4%	428,7 k €	-11.9%	486,8 k €	-14.1%	567 k €	-16.2%	676,8 k €	+34.0%	505,1 k €	+3.6%	487,7 k €	+6.8%	456,5 k €	-1.9%	465,5 k €	+32.5%	351,5 k €
Other
Workforce	–		12,7 ETP		–		9,7 ETP		–		–		–		14,0 ETP	0.0%	14,0 ETP	+16.7%	12,0 ETP	0.0%	12,0 ETP	-20.0%	15,0 ETP	+26.1%	11,9 ETP	-0.8%	12,0 ETP	+42.9%	8,4 ETP	-1.2%	8,5 ETP	+13.3%	7,5 ETP	+50.0%	5,0 ETP	+61.3%	3,1 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 7 ended

Active mandates

BEFIAC & C °

Mandate · 0897.322.452

Active

LUCA INVEST

Mandate · 0435.519.409

Active

RODENBACH HOLDING

Mandate · 0719.367.935

Active

Ended mandates

Luc Maes

Manager · since 24 août 2005

Ended

Philip Maes

Manager · since 24 août 2005

Ended

Davina CALISTRO

Director

Ended

Davina CALISTRO

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Banque de Crédit Général Bank voor Algemeen Krediet● Liquidation	0403.200.789
Financiële Analyse en Consulting● Liquidation	0435.395.881
Rooryck en Laga● Liquidation	0405.136.633
Werkhuizen Rooryck● Liquidation	0405.136.732

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Abridged model	Micro model	Abridged model	Abridged model	Abridged 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	21/08/2026	11/07/2025	17/05/2024	03/07/2023	23/08/2022	23/08/2021
General meeting	31/07/2026	01/04/2025	13/05/2024	23/06/2023	19/08/2022	17/08/2021
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	31/07/2026	21/08/2026	Dutch	PDF
Abridged model	31/12/2024	01/04/2025	11/07/2025	Dutch	PDF
Micro model	31/12/2023	13/05/2024	17/05/2024	Dutch	PDF
Abridged model	31/12/2022	23/06/2023	03/07/2023	Dutch	PDF
Abridged model	31/12/2021	19/08/2022	23/08/2022	Dutch	PDF
Abridged model	31/12/2020	17/08/2021	23/08/2021	Dutch	PDF
Abridged model	31/12/2019	30/07/2020	31/08/2020	Dutch	PDF
Abridged model	31/12/2018	26/06/2019	26/06/2019	Dutch	PDF
Abridged model	31/12/2017	27/06/2018	02/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	09/08/2017	Dutch	PDF
Abridged model	31/12/2015	26/07/2016	18/08/2016	Dutch	PDF
Abridged model	31/12/2014	31/07/2015	07/09/2015	Dutch	PDF
Abridged model	31/12/2013	31/07/2014	21/08/2014	Dutch	PDF
Abridged model	31/12/2012	31/07/2013	22/08/2013	Dutch	PDF
Abridged model	31/12/2011	31/07/2012	19/09/2012	Dutch	PDF
Abridged model	31/12/2010	31/08/2011	14/09/2011	Dutch	PDF
Abridged model	31/12/2009	31/07/2010	30/09/2010	Dutch	PDF
Abridged model	31/12/2008	11/05/2009	01/07/2009	Dutch	PDF
Abridged model	31/12/2007	12/05/2008	10/07/2008	Dutch	PDF
Abridged model	31/12/2006	07/05/2007	04/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 3 active · 7 ended

Active mandates

BEFIAC & C °

Mandate · 0897.322.452

Active

LUCA INVEST

Mandate · 0435.519.409

Active

RODENBACH HOLDING

Mandate · 0719.367.935

Active

Ended mandates

Luc Maes

Manager · since 24 août 2005

Ended

Philip Maes

Manager · since 24 août 2005

Ended

Davina CALISTRO

Director

Ended

Davina CALISTRO

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates26/01/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/03/2010
ONTSLAGEN - BENOEMINGEN
PDF
Registered office11/09/2009
MAATSCHAPPELIJKE ZETEL
PDF
Other12/09/2005
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 2025586,6 k €↑
2024
Annual accounts 2024522,2 k €↑
2023
Annual accounts 2023418,9 k €↑
2022
Annual accounts 2022333,1 k €↑
2021
Annual accounts 2021149,7 k €↑
2020
Annual accounts 2020-55,1 k €↓
2019
Annual accounts 2019390,1 k €↑
2018
Annual accounts 2018288,6 k €↑
2017
Annual accounts 2017222,8 k €↑
2016
Annual accounts 2016184,5 k €↓
2015
Annual accounts 2015207,9 k €↓
2014
Annual accounts 2014219,8 k €↑
2013
Annual accounts 2013192,4 k €↑
2012
Annual accounts 2012186,6 k €↑
2011
Annual accounts 2011161,6 k €↑
2010
Annual accounts 201075,4 k €↓
2009
Annual accounts 2009103,9 k €↑
2008
Annual accounts 200828,4 k €↑
2007
Annual accounts 2007-32 k €↑
2006
Annual accounts 2006-55,8 k €
05/09/2005
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

DUBBEL

Overview

What does DUBBEL 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