Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
D&L from Hulshout, company number BE0467104884, closed financial year 2025 with a result of € 775,018 after tax. For that financial year D&L recorded a gross margin of € 1.9 million and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 212,437 to € 775,018. 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 May 26, 2026.
€ 1.9 million
▲ 71% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 775,018
▲ 265% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.9 million.
People and assets in 2025
4.9
▲ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 249,145
▲ 69% vs 2024
€ 50,800 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.
€ 72,900
▼ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.7 million
▲ € 2.2 million vs 2024
€ 208,937 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 154,766
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 58,702
▼ 21% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 427,724 | € 447,850 | € 565,664 | € 1,889,385 | ▲ 234% |
| Profit after taxes | € 98,789 | € 143,256 | € 212,437 | € 775,018 | ▲ 265% |
| Equity | € 776,252 | € 884,058 | € 1,096,496 | € 1,871,514 | ▲ 71% |
| Total debts | € 840,985 | € 808,236 | € 996,099 | € 2,906,242 | ▲ 192% |
| Cash | € 76,209 | € 114,219 | € 242,148 | - | |
| Land & buildings | € 560,399 | € 528,809 | € 451,425 | € 3,150,700 | ▲ € 2.7 million |
| Retained profit | € 756,252 | € 864,058 | € 1,076,496 | € 1,851,514 | ▲ 72% |
| Dividend | € 36,278 | € 35,449 | € 0 | € 0 | |
| Bank debt | € 703,981 | € 582,284 | € 480,079 | € 2,691,356 | ▲ € 2.2 million |
| Balance sheet total | € 1,617,236 | € 1,692,294 | € 2,092,595 | € 4,956,247 | ▲ 137% |
| Employees (FTE) | 8 | 4 | 3.6 | 4.9 | ▲ 1.3 |
Key figures of D&L, 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 April 2027.
What happened to D&L?
What happened at D&L in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 775,018 (▲ 265% vs 2024). filed late Source: NBB ↗
- New establishment in Hulshout. KBO
- Start of the company according to the CBE. KBO
- DANNY VALGAEREN became a director. NBB
In short
From € 98,789 profit in 2022 to € 775,018 profit in 2025.
Paid € 337,319 in corporate taxes since 2022.
Best year ever: 2025, with € 775,018 profit.
On average € 385,600 of value added per employee in 2025.
Management
Behind D&L is DANNY VALGAEREN.
Directors
According to the 2025 annual accounts
DANNY VALGAEREN
Manager
since 1999
Establishments
Establishment units
Physical locations of this company
Magazijnenstraat 10-14
2235 Hulshout
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0467.104.884
- VAT number
- BE 0467.104.884
- Registered office
- Magazijnenstraat 10-14, 2235 Hulshout
- Names & denominations
- D&L
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 October 1999
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
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