Financials
Financial year 2025
DUCAVO from Waregem, company number BE0440212526, closed financial year 2025 with a result of € 10,597 after tax. For that financial year DUCAVO recorded a gross margin of € 184,093 and equity of € 54,043. Compared with financial year 2024, the result moved from € 3,835 to € 10,597. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 54,043
▲ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,597
▲ 176% vs 2024
Profit after tax over the fiscal year.
€ 100,865
▲ 11% 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 € 35,124.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 162,963
▲ 2% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3,669
▲ € 3,556 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1,682
Loans from banks and other lenders, long and short.
€ 73,326
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,582
▲ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 152,704 | € 172,684 | € 170,762 | € 184,093 | ▲ 8% |
| Profit after taxes | € -4,765 | € 7,201 | € 3,835 | € 10,597 | ▲ 176% |
| Equity | € 32,409 | € 39,611 | € 43,446 | € 54,043 | ▲ 24% |
| Total debts | € 135,347 | € 103,103 | € 108,651 | € 103,045 | ▼ 5% |
| Cash | € 80,178 | € 95,684 | € 91,059 | € 100,865 | ▲ 11% |
| Land & buildings | € 25,842 | € 25,797 | € 25,753 | € 25,708 | |
| Retained profit | € 13,490 | € 20,692 | € 24,527 | € 35,124 | ▲ 43% |
| Bank debt | € 26,716 | € 1,689 | € 1,690 | € 1,682 | |
| Balance sheet total | € 167,756 | € 142,713 | € 152,097 | € 157,089 | ▲ 3% |
Key figures of DUCAVO, 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 DUCAVO?
What happened at DUCAVO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10,597 (▲ 176% vs 2024). Source: NBB ↗
- Bart Deprez became a director. NBB
- Lucien Devos stepped down as director. NBB
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,765 loss in 2022 to € 10,597 profit in 2025.
Paid € 15,847 in corporate taxes since 2022.
Best year ever: 2025, with € 10,597 profit.
Management
Behind DUCAVO is Bart Deprez. Bart Deprez is also behind Patronale Kompensatiedienst van Oost-Vlaanderen, Group S-Caisse d'assurances sociales pour indépendants a.s.b.l, GROUP S - GUICHET D'ENTREPRISE, Serviam+ and EverESSt.
Directors
According to the 2025 annual accounts
Bart Deprez
Director
Also active at: Patronale Kompensatiedienst van Oost-Vlaanderen, Group S-Caisse d'assurances sociales pour indépendants a.s.b.l, GROUP S - GUICHET D'ENTREPRISE, Serviam+, EverESSt
since 2025
Lucien Devos
Director
· until 2025
Establishments
Establishment units
Physical locations of this company
Liebaardstraat 247
8791 Waregem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0440.212.526
- VAT number
- BE 0440.212.526
- Registered office
- Liebaardstraat 247, 8791 Waregem
- Names & denominations
- DUCAVO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 November 1989
- Peppol
- Active · Active since 23 Jan 2026
- Activities · NACE
Activiteiten van verzekeringsagenten en -makelaars
Verzekeringsmakelaars en -agenten