DUO is an IT company in Brugge. Public Limited, started on 18 December 1996, 1 establishment.

What is the address of DUO?

The registered office of DUO is located at Bargeweg 2, 8000 Brugge.

Yes. According to the CBE (29 October 2026) DUO is active, legal situation “Normale toestand”, started on 18 December 1996.

Is DUO registered on Peppol?

Yes, DUO is registered on the Peppol network with ID 0208:0459418625.

What is the enterprise number of DUO?

The enterprise number of DUO is BE0459418625.

When was DUO founded?

DUO was founded on 18 December 1996.

Who are the directors of DUO?

According to the 2025 annual accounts, the directors of DUO are: The Craftsmen BV, Balata BV.

Is DUO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 18 December 1996; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did DUO make in 2025?

DUO posted a profit after taxes of € 48,395 in financial year 2025.

What is the revenue of DUO?

As a small company, DUO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 2,175,329.

How much does an employee at DUO earn?

The average wage cost per full-time employee at DUO was € 63,400 in 2025: staff costs of € 1.8 million for 29.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does DUO have?

According to the 2025 annual accounts, DUO has 29.1 full-time equivalents (FTE).

Does DUO have a website?

Yes, DUO has a website at duo.be.

DUO (Public Limited) - Brugge - BE0459418625

Dossier DUO, printed on 29 October 2026 from databakkes.be/en/0459418625/duo. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

DUO from Brugge, company number BE0459418625, closed financial year 2025 with a result of € 48,395 after tax. For that financial year DUO recorded a gross margin of € 2.2 million and equity of € 493,049. Compared with financial year 2024, the result moved from € -53,555 to € 48,395. 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 April 14, 2026.

What it is worth Growing

€ 493,049

▲ 11% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 48,395

▲ still € 53,555 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 150,676

▲ 77% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 418,049.

People and assets in 2025

Full-time equivalents

29.1

▲ 0.6 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.8 million

▲ 89% vs 2024

€ 63,400 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.

Vehicles and equipment

€ 33,043

▼ 48% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 1,296

▼ 99% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 207,461

▲ 41% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 353,652

▲ 38% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2024	2025	Change 2024 → 2025
Gross margin	€ 2,789,312 Gross margin 2023: € 2,789,312 First fiscal year in the series	€ 2,486,027 Gross margin 2024: € 2,486,027 ▼ 11% vs 2023 (€ 2,789,312) Unfavourable step	€ 962,783 Gross margin 2024: € 962,783 ▼ 61% vs 2024 (€ 2,486,027) Unfavourable step	€ 2,175,329 Gross margin 2025: € 2,175,329 ▲ 126% vs 2024 (€ 962,783) Favourable step	▲ 126%
Profit after taxes	€ 240,741 Profit after taxes 2023: € 240,741 First fiscal year in the series	€ 210,402 Profit after taxes 2024: € 210,402 ▼ 13% vs 2023 (€ 240,741) Unfavourable step	€ -53,555 Profit after taxes 2024: € -53,555 ▼ € 263,957 vs 2024 (€ 210,402) Unfavourable step	€ 48,395 Profit after taxes 2025: € 48,395 ▲ € 101,950 vs 2024 (€ -53,555) Favourable step	▲ € 101,950
Equity	€ 487,806 Equity 2023: € 487,806 First fiscal year in the series	€ 498,208 Equity 2024: € 498,208 ▲ 2% vs 2023 (€ 487,806) Favourable step	€ 444,654 Equity 2024: € 444,654 ▼ 11% vs 2024 (€ 498,208) Unfavourable step	€ 493,049 Equity 2025: € 493,049 ▲ 11% vs 2024 (€ 444,654) Favourable step	▲ 11%
Total debts	€ 1,804,258 Total debts 2023: € 1,804,258 First fiscal year in the series	€ 1,459,473 Total debts 2024: € 1,459,473 ▼ 19% vs 2023 (€ 1,804,258) Favourable step	€ 1,206,320 Total debts 2024: € 1,206,320 ▼ 17% vs 2024 (€ 1,459,473) Favourable step	€ 964,446 Total debts 2025: € 964,446 ▼ 20% vs 2024 (€ 1,206,320) Favourable step	▼ 20%
Cash	€ 687,374 Cash 2023: € 687,374 First fiscal year in the series	€ 328,318 Cash 2024: € 328,318 ▼ 52% vs 2023 (€ 687,374) Unfavourable step	€ 85,001 Cash 2024: € 85,001 ▼ 74% vs 2024 (€ 328,318) Unfavourable step	€ 150,676 Cash 2025: € 150,676 ▲ 77% vs 2024 (€ 85,001) Favourable step	▲ 77%
Land & buildings	€ 251,130 Land & buildings 2023: € 251,130 First fiscal year in the series	€ 209,275 Land & buildings 2024: € 209,275 ▼ 17% vs 2023 (€ 251,130) Unchanged	€ 188,175 Land & buildings 2024: € 188,175 ▼ 10% vs 2024 (€ 209,275) Unchanged	€ 146,320 Land & buildings 2025: € 146,320 ▼ 22% vs 2024 (€ 188,175) Unchanged	▼ 22%
Retained profit	€ 412,806 Retained profit 2023: € 412,806 First fiscal year in the series	€ 423,208 Retained profit 2024: € 423,208 ▲ 3% vs 2023 (€ 412,806) Favourable step	€ 369,654 Retained profit 2024: € 369,654 ▼ 13% vs 2024 (€ 423,208) Unfavourable step	€ 418,049 Retained profit 2025: € 418,049 ▲ 13% vs 2024 (€ 369,654) Favourable step	▲ 13%
Dividend	€ 200,000 Dividend 2023: € 200,000 First fiscal year in the series	€ 200,000 Dividend 2024: € 200,000 Unchanged (€ 200,000) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2024 (€ 200,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 555,275 Bank debt 2023: € 555,275 First fiscal year in the series	€ 406,753 Bank debt 2024: € 406,753 ▼ 27% vs 2023 (€ 555,275) Favourable step	€ 255,490 Bank debt 2024: € 255,490 ▼ 37% vs 2024 (€ 406,753) Favourable step	€ 1,296 Bank debt 2025: € 1,296 ▼ 99% vs 2024 (€ 255,490) Favourable step	▼ 99%
Balance sheet total	€ 2,292,064 Balance sheet total 2023: € 2,292,064 First fiscal year in the series	€ 1,957,681 Balance sheet total 2024: € 1,957,681 ▼ 15% vs 2023 (€ 2,292,064) Unchanged	€ 1,650,973 Balance sheet total 2024: € 1,650,973 ▼ 16% vs 2024 (€ 1,957,681) Unchanged	€ 1,457,495 Balance sheet total 2025: € 1,457,495 ▼ 12% vs 2024 (€ 1,650,973) Unchanged	▼ 12%
Employees (FTE)	31.2 Employees (FTE) 2023: 31.2 First fiscal year in the series	31.4 Employees (FTE) 2024: 31.4 ▲ 0.2 vs 2023 (31.2) Unchanged	28.5 Employees (FTE) 2024: 28.5 ▼ 2.9 vs 2024 (31.4) Unchanged	29.1 Employees (FTE) 2025: 29.1 ▲ 0.6 vs 2024 (28.5) Unchanged	▲ 0.6

Key figures of DUO, fiscal years 2023 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 DUO?

What happened at DUO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2030 The Craftsmen BV stepped down as director. NBB
2030 Balata BV stepped down as director. NBB
Apr 14, 2026 New annual accounts for financial year 2025: profit of € 48,395. Source: NBB ↗
2024 The Craftsmen BV became a director. NBB
2024 Balata BV became a director. NBB
Dec 19, 1996 New establishment in Brugge. KBO
Dec 18, 1996 Start of the company according to the CBE. KBO

In short

From € 240,741 profit in 2023 to € 48,395 profit in 2025.

Paid € 263,573 in corporate taxes since 2023.

Best year ever: 2023, with € 240,741 profit.

On average € 74,800 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Make It Fly 100%

The stake of Make It Fly comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

DUO

Nascom NV 100%

The shares are held by Make It Fly (100%). It owns 100% of Nascom NV itself.

Directors

According to the 2025 annual accounts

The Craftsmen BV

Managing director · represented by Mathieu Cardinael

Also active at: EntityOne, NASCOM, Make It Fly, MEDIASOFT

since 2024 · until 2030

Balata BV

Director · represented by Anton Luyten

Also active at: EntityOne, ESIGN, NASCOM, Make It Fly, MEDIASOFT

since 2024 · until 2030

Shareholders

Make It Fly

100%

Participations

Nascom NV

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Bargeweg 2

8000 Brugge

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

Make It Fly same network

€ 471,437 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS duo.be

Canonical: https://www.dynamate.be/make-it-fly-is-nu-onderdeel-van-dynamate

Technologies

Adobe FontsCraft CMSGoogle Tag ManagerHubSpot CMSVercel

Hosting & Email

Email provider

Self-hosted

Hosting

COMBELL-AS, BE

Website info

HTTPS Ja

Languages NL

Features

Webshop Newsletter Ads

Security

✓ HTTPS

✗ SPF

✓ DMARC

Details

Company number

0459.418.625

VAT number

BE 0459.418.625

Registered office

Bargeweg 2, 8000 Brugge

Names & denominations

DUO

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

18 December 1996

Peppol

Active · Active since 13 Oct 2025

Contact

duo.be

Activities · NACE

Ontwerpen van computerprogramma’s

Overige advisering in verband met programmatuur en levering van programmatuur

Ontwerpen en programmeren van computerprogramma's

View on CBE Public ↗ Annual accounts (NBB) ↗

DUO