Financials
Financial year 2025
DOLFIN from Nivelles, company number BE0437332220, closed financial year 2025 with a result of € 257,819 after tax. For that financial year DOLFIN recorded a gross margin of € 2.9 million and equity of € 3 million. Compared with financial year 2024, the result moved from € 223,179 to € 257,819. 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 January 20, 2026.
€ 3 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 257,819
▲ 16% vs 2024
Profit after tax over the fiscal year.
€ 671,336
▲ 84% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
39 % of the profit went to the shareholders, mostly to GENERAL CHOCOLATES COMPANY (95 % of the shares). That is where the money ends up.
People and assets in 2025
33.2
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2 million
▲ 5% vs 2024
€ 59,800 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.
€ 80,947
▲ 133% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.2 million
€ 604,580 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1.5 million
▲ 61% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 151,017
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,325,249 | € 2,562,408 | € 2,708,755 | € 2,895,365 | ▲ 7% |
| Profit after taxes | € 235,033 | € 214,790 | € 223,179 | € 257,819 | ▲ 16% |
| Equity | € 2,622,203 | € 2,822,340 | € 2,850,865 | € 3,026,818 | ▲ 6% |
| Total debts | € 5,162,090 | € 4,822,678 | € 4,366,355 | € 4,940,728 | ▲ 13% |
| Cash | € 543,956 | € 606,189 | € 364,300 | € 671,336 | ▲ 84% |
| Land & buildings | € 2,679,987 | € 2,585,012 | € 2,490,036 | € 2,395,061 | ▼ 4% |
| Retained profit | € 2,017,855 | € 2,232,645 | € 2,275,824 | € 2,433,643 | ▲ 7% |
| Dividend | € 0 | € 0 | € 180,000 | € 100,000 | ▼ 44% |
| Bank debt | € 4,016,351 | € 3,703,671 | € 3,198,056 | € 3,189,298 | |
| Balance sheet total | € 7,784,293 | € 7,645,017 | € 7,217,219 | € 7,967,546 | ▲ 10% |
| Employees (FTE) | 34.5 | 32.2 | 33.4 | 33.2 | ▼ 0.2 |
Key figures of DOLFIN, 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 DOLFIN?
What happened at DOLFIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ya-K Consulting SA stepped down as director. NBB
- General Chocolates Company SA stepped down as director. NBB
- Bernard de Gruben stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 257,819 (▲ 16% vs 2024). Source: NBB ↗
- Ya-K Consulting SA became a director. NBB
- General Chocolates Company SA became a director. NBB
- Bernard de Gruben became a director. NBB
- New establishment in Nivelles. KBO
In short
From € 235,033 profit in 2022 to € 257,819 profit in 2025.
Paid € 212,333 in corporate taxes since 2022.
Best year ever: 2025, with € 257,819 profit.
On average € 87,200 of value added per employee in 2025.
Management
The stake of GENERAL CHOCOLATES COMPANY, DEGECOM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DOLFINThe shares are held by GENERAL CHOCOLATES COMPANY (95%) and DEGECOM (0%). It owns 100% of BRAINE PRINTING itself.
Directors
According to the 2025 annual accounts
Director · represented by Gilles van der Meerschen
Also active at: BRAINE PRINTING, Spreds Finance, EXPLORE AND SHARE, James Lind, GENERAL CHOCOLATES COMPANY
since 2023 · until 2029
Managing director · represented by Jean-Jacques de Gruben
Also active at: BRAINE PRINTING
since 2023 · until 2029
Bernard de Gruben
Director
since 2023 · until 2029
Shareholders
Participations
100%
Establishments
Establishment units
Physical locations of this company
Avenue Robert Schuman 172
1401 Nivelles
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Details
- Company number
- 0437.332.220
- VAT number
- BE 0437.332.220
- Registered office
- Avenue Robert Schuman 172, 1401 Nivelles
- Names & denominations
- DOLFIN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 April 1989
- Peppol
- Active · Active since 23 Jun 2025
- Activities · NACE
Vervaardiging van cacao, chocolade en suikerwerk