Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 102.7 to 90.4.
Financials
Financial year 2025
DE BRANDT from Dendermonde, company number BE0412870996, closed financial year 2025 with a result of € 4.2 million after tax. For that financial year DE BRANDT recorded revenue of € 26.2 million and equity of € 16.6 million. Compared with financial year 2024, the result moved from € 2.7 million to € 4.2 million. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 29, 2026.
€ 16.6 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.2 million
▲ 54% vs 2024
Profit after tax over the fiscal year.
€ 7 million
▲ 259% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 4.6 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
90.4
▼ 7.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5.1 million
▼ 7% vs 2024
€ 56,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 138,861
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.3 million
Loans from banks and other lenders, long and short.
€ 3.7 million
▲ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 73 days on average.
€ 314,515
▼ 32% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 24,738,362 | € 31,450,451 | € 31,906,941 | € 26,183,459 | ▼ 18% |
| Profit after taxes | € 2,062,922 | € 1,921,947 | € 2,725,625 | € 4,206,869 | ▲ 54% |
| Equity | € 18,474,644 | € 19,616,008 | € 17,046,448 | € 16,649,060 | ▼ 2% |
| Total debts | € 5,143,390 | € 5,543,384 | € 8,928,889 | € 14,303,153 | ▲ 60% |
| Cash | € 5,755,972 | € 3,890,915 | € 1,953,243 | € 7,020,561 | ▲ 259% |
| Land & buildings | € 1,125,137 | € 1,088,445 | € 1,083,543 | € 1,037,936 | ▼ 4% |
| Retained profit | € 18,311,828 | € 19,453,192 | € 16,883,632 | € 16,486,244 | ▼ 2% |
| Dividend | € 0 | € 780,583 | € 5,295,185 | € 4,604,257 | ▼ 13% |
| Bank debt | € 0 | € 0 | € 0 | € 1,339,000 | |
| Balance sheet total | € 23,717,191 | € 25,258,550 | € 26,074,495 | € 31,051,371 | ▲ 19% |
| Employees (FTE) | 102.9 | 102.7 | 98 | 90.4 | ▼ 7.6 |
Key figures of DE BRANDT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to DE BRANDT?
What happened at DE BRANDT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- DB Holding NV stepped down as director. NBB
- Nicole Rubbens stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 4.2 million (▲ 54% vs 2024). Source: NBB ↗
- DB Holding NV became a director. NBB
- Nicole Rubbens became a director. NBB
- New establishment in Dendermonde. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.1 million profit in 2022 to € 4.2 million profit in 2025.
Paid € 2.1 million in corporate taxes since 2022.
Best year ever: 2025, with € 4.2 million profit.
Paid out € 10.7 million in dividends to the owners in total.
Management
The stake of DB HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DE BRANDTThe shares are held by DB HOLDING (99.9%). It owns 100% of Belleboth itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Dirk DE BRANDT
Also active at: Den Hof Baasrode, DE BRANDT EQUIPMENT
since 2022 · until 2027
since 2022 · until 2027
Shareholders
99.9%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Sint-Ursmarusstraat (BAA) 23
9200 Dendermonde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0412.870.996
- VAT number
- BE 0412.870.996
- Registered office
- Sint-Ursmarusstraat (BAA) 23, 9200 Dendermonde
- Names & denominations
- DE BRANDT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1973
- Peppol
- Active · Active since 13 May 2025
- Contact
- debrandt.be
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Waterbouw, muv baggerwerken
Overige waterbouw
Overige gespecialiseerde bouwwerkzaamheden
Algemene bouw van residentiële gebouwen
Winning van zand
Gemengd landbouwbedrijf
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