Financials
Financial year 2025
D & O PARTNERS from Elsene, company number BE0453019197, closed financial year 2025 with a result of € 216,044 after tax. For that financial year D & O PARTNERS recorded a gross margin of € 1.4 million and equity of € 559,346. Compared with financial year 2024, the result moved from € 339,006 to € 216,044. The company is profitable. 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 July 16, 2026.
€ 559,346
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 216,044
▼ 36% vs 2024
Profit after tax over the fiscal year.
€ 391,325
▼ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 216,000 paid out
100 % of the profit went to the shareholders, mostly to WHALE INVEST (100 % of the shares). That is where the money ends up.
People and assets in 2025
13.5
▲ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 903,019
▲ 6% vs 2024
€ 66,900 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.
€ 209,574
▼ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 108,930
▼ 31% vs 2024
€ 69,454 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 193,202
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 117,272
▲ 8% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,293,245 | € 1,443,625 | € 1,501,875 | € 1,394,151 | ▼ 7% |
| Profit after taxes | € 407,132 | € 406,915 | € 339,006 | € 216,044 | ▼ 36% |
| Equity | € 558,380 | € 559,295 | € 559,301 | € 559,346 | |
| Total debts | € 1,233,484 | € 1,228,815 | € 1,145,423 | € 970,715 | ▼ 15% |
| Cash | € 325,605 | € 294,814 | € 464,714 | € 391,325 | ▼ 16% |
| Retained profit | € 432,380 | € 433,295 | € 433,301 | € 433,346 | |
| Dividend | € 407,000 | € 406,000 | € 339,000 | € 216,000 | ▼ 36% |
| Bank debt | € 83,171 | € 20,274 | € 158,128 | € 108,930 | ▼ 31% |
| Balance sheet total | € 1,791,864 | € 1,788,111 | € 1,704,724 | € 1,530,061 | ▼ 10% |
| Employees (FTE) | 10.8 | 11.4 | 12.5 | 13.5 | ▲ 1 |
Key figures of D & O PARTNERS, 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 D & O PARTNERS?
What happened at D & O PARTNERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- WHALE IMMO SRL stepped down as director. NBB
- SPIRIT INVEST AND SERVICES SA stepped down as director. NBB
- Bruno ORBAN DE XIVRY stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 216,044 (▼ 36% vs 2024). Source: NBB ↗
- WHALE IMMO SRL became a director. NBB
- SPIRIT INVEST AND SERVICES SA became a director. NBB
- Bruno ORBAN DE XIVRY became a director. NBB
- Jonas DUTREEUW stepped down as director. NBB
In short
From € 407,132 profit in 2022 to € 216,044 profit in 2025.
Paid € 555,356 in corporate taxes since 2022.
Best year ever: 2022, with € 407,132 profit.
On average € 103,300 of value added per employee in 2025.
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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
The stake of WHALE INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
D & O PARTNERSThe shares are held by WHALE INVEST (100%).
Directors
According to the 2025 annual accounts
Director · represented by Jonas DUTREEUW
since 2026 · until 2031
since 2020 · until 2025
Director · represented by Nathalie VAN DER GHINST
since 2026 · until 2031
Bruno ORBAN DE XIVRY
Managing director
Also active at: SPIRIT INVEST et SERVICES, AD 37, WHALE INVEST
since 2026 · until 2031
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kroonlaan 530-534
1050 Elsene
Kroonlaan 530
1050 Elsene
Active since 28 July 1994
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
Self-hosted
Hosting
OVH, FR
DNS
Cloudflare DNS
Website info
Features
Security
Network
Details
- Company number
- 0453.019.197
- VAT number
- BE 0453.019.197
- Registered office
- Kroonlaan 530-534, 1050 Elsene
- Names & denominations
- D & O PARTNERS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 July 1994
- Peppol
- Active · Active since 16 Dec 2025
- Contact
- dopartners.be
- Activities · NACE
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