Financials
Financial year 2025
Duthoo from Zwevegem, company number BE0463091064, closed financial year 2025 with a result of € 1.6 million after tax. For that financial year Duthoo recorded a gross margin of € 4.1 million and equity of € 9.3 million. Compared with financial year 2024, the result moved from € 1.2 million to € 1.6 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 March 18, 2026.
€ 9.3 million
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.6 million
▲ 26% vs 2024
Profit after tax over the fiscal year.
€ 944,159
▲ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 350,000 paid out
22 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
23.3
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▲ 3% vs 2024
€ 72,200 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.
€ 130,878
▼ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2 million
▼ 14% vs 2024
€ 333,336 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 171,020
▲ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 206,971
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,659,977 | € 3,582,584 | € 3,686,298 | € 4,103,225 | ▲ 11% |
| Profit after taxes | € 1,019,345 | € 976,095 | € 1,247,218 | € 1,574,917 | ▲ 26% |
| Equity | € 6,354,697 | € 7,080,792 | € 8,078,010 | € 9,302,927 | ▲ 15% |
| Total debts | € 3,706,518 | € 3,298,738 | € 2,909,485 | € 2,832,707 | ▼ 3% |
| Cash | € 1,965,930 | € 964,536 | € 729,747 | € 944,159 | ▲ 29% |
| Land & buildings | € 3,369,591 | € 3,016,115 | € 2,719,121 | € 2,449,603 | ▼ 10% |
| Retained profit | € 6,205,961 | € 6,932,056 | € 7,929,274 | € 9,154,191 | ▲ 15% |
| Dividend | € 250,000 | € 250,000 | € 250,000 | € 350,000 | ▲ 40% |
| Bank debt | € 2,999,992 | € 2,666,656 | € 2,333,320 | € 1,999,984 | ▼ 14% |
| Balance sheet total | € 10,061,215 | € 10,379,531 | € 10,987,496 | € 12,135,634 | ▲ 10% |
| Employees (FTE) | 21.9 | 23.4 | 23.3 | 23.3 |
Key figures of Duthoo, 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 Duthoo?
What happened at Duthoo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Palrow BV stepped down as director. NBB
- Thovimo BV stepped down as director. NBB
- Nathalie Moerman stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.6 million (▲ 26% vs 2024). Source: NBB ↗
- Palrow BV became a director. NBB
- Thovimo BV became a director. NBB
- Nathalie Moerman became a director. NBB
- New establishment in Zwevegem. KBO
In short
From € 1 million profit in 2022 to € 1.6 million profit in 2025.
Paid € 825,552 in corporate taxes since 2022.
Best year ever: 2025, with € 1.6 million profit.
On average € 176,100 of value added per employee in 2025.
Management
The stake of THOVIMO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DuthooThe shares are held by THOVIMO (33.3%). It owns 100% of Williams & Koch itself.
Directors
According to the 2025 annual accounts
Director · represented by Christophe Warlop
since 2024 · until 2029
since 2023 · until 2029
Nathalie Moerman
Director
since 2023 · until 2029
Shareholders
33.3%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Pluim(Z) 1
8550 Zwevegem
Pluim(Z) pluim box 1
8550 Zwevegem
Active since 27 April 1998
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
- 0463.091.064
- VAT number
- BE 0463.091.064
- Registered office
- Pluim(Z) 1, 8550 Zwevegem
- Names & denominations
- Duthoo
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 April 1998
- Peppol
- Active · Active since 30 Sept 2025
- Activities · NACE
Groothandel in bouwmaterialen, algemeen assortiment
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair