Financials
Financial year 2025
ETABLISSEMENTS MARCEL DAVID from La Hulpe, company number BE0434818831, closed financial year 2025 with a result of € 1.5 million after tax. For that financial year ETABLISSEMENTS MARCEL DAVID recorded revenue of € 29.6 million and equity of € 12.6 million. Compared with financial year 2024, the result moved from € 1.5 million to € 1.5 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 12.6 million
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.5 million
▲ 4% vs 2024
Profit after tax over the fiscal year.
€ 804,084
▼ 66% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 12.5 million.
People and assets in 2025
32.2
▲ 7.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.2 million
▲ 27% vs 2024
€ 69,700 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.
€ 271,306
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 855,782
▼ 17% vs 2024
€ 247,010 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 699,271
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 10 days on average.
€ 584,673
▲ 116% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 23,784,571 | € 24,003,365 | € 25,306,210 | € 29,575,327 | ▲ 17% |
| Profit after taxes | € 2,026,693 | € 1,352,758 | € 1,468,377 | € 1,527,108 | ▲ 4% |
| Equity | € 8,243,539 | € 9,587,417 | € 11,048,945 | € 12,570,307 | ▲ 14% |
| Total debts | € 3,861,675 | € 2,724,637 | € 2,312,220 | € 2,251,553 | ▼ 3% |
| Cash | € 1,786,253 | € 1,592,881 | € 2,334,859 | € 804,084 | ▼ 66% |
| Land & buildings | € 2,175,649 | € 2,986,301 | € 3,030,719 | € 2,902,353 | ▼ 4% |
| Retained profit | € 8,104,437 | € 9,457,195 | € 10,925,572 | € 12,452,679 | ▲ 14% |
| Dividend | € 500,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 1,481,070 | € 1,310,640 | € 1,030,643 | € 855,782 | ▼ 17% |
| Balance sheet total | € 12,105,214 | € 12,312,054 | € 13,361,165 | € 14,821,860 | ▲ 11% |
| Employees (FTE) | 24.3 | 23.9 | 24.9 | 32.2 | ▲ 7.3 |
Key figures of ETABLISSEMENTS MARCEL DAVID, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ETABLISSEMENTS MARCEL DAVID?
What happened at ETABLISSEMENTS MARCEL DAVID in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.5 million (▲ 4% vs 2024). Source: NBB ↗
- New establishment in Rixensart. KBO
- New establishment in Brussel. KBO
- Bdsc became a director. NBB
- Mdlt became a director. NBB
- New establishment in La Hulpe. KBO
- New establishment in Tubize. KBO
- New establishment in La Hulpe. KBO
In short
From € 2 million profit in 2022 to € 1.5 million profit in 2025.
Paid € 2.3 million in corporate taxes since 2022.
Best year ever: 2022, with € 2 million profit.
Paid out € 500,000 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind ETABLISSEMENTS MARCEL DAVID are Bdsc and Mdlt.
Establishments
Establishment units
Physical locations of this company
Avenue Reine Astrid 20
1310 La Hulpe
Rue Ferrer 95
1480 Tubize
Active since 1 January 2020
Avenue Reine Astrid 40
1310 La Hulpe
Active since 13 February 2020
Waterranonkelstraat 2B
1130 Brussel
Active since 1 January 2025
Avenue Albert Ier 323
1332 Rixensart
Active since 1 March 2025
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
OVH, FR
DNS
OVH DNS
Website info
Features
Security
Network
Details
- Company number
- 0434.818.831
- VAT number
- BE 0434.818.831
- Registered office
- Avenue Reine Astrid 20, 1310 La Hulpe
- Names & denominations
- ETABLISSEMENTS MARCEL DAVID
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 July 1988
- Peppol
- Active · Active since 22 Aug 2025
- Contact
- davidzinc.be [email protected]
- Activities · NACE
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Groothandel in bouwmaterialen, algemeen assortiment
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwwerkzaamheden