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 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DUVARES from Sint-Katelijne-Waver, company number BE0552837840, closed financial year 2025 with a result of € 74,391 after tax. For that financial year DUVARES recorded a gross margin of € 443,280 and equity of € 421,510. Compared with financial year 2024, the result moved from € 8,677 to € 74,391. 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 June 18, 2026.
€ 421,510
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 74,391
▲ € 65,714 vs 2024
Profit after tax over the fiscal year.
€ 21,021
▲ € 16,815 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 € 402,910.
People and assets in 2025
€ 29
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 86,642
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
▼ 26% vs 2024
€ 183,539 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 13,800
▼ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,436
▲ 166% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 287,828 | € 293,457 | € 271,846 | € 443,280 | ▲ 63% |
| Profit after taxes | € 89,375 | € 57,088 | € 8,677 | € 74,391 | ▲ € 65,714 |
| Equity | € 293,853 | € 338,441 | € 347,118 | € 421,510 | ▲ 21% |
| Total debts | € 1,142,811 | € 1,674,929 | € 2,008,275 | € 1,823,172 | ▼ 9% |
| Cash | € 37,609 | € 12,564 | € 4,205 | € 21,021 | ▲ € 16,815 |
| Land & buildings | € 1,242,632 | € 1,887,186 | € 2,239,984 | € 2,051,196 | ▼ 8% |
| Retained profit | € 275,253 | € 319,841 | € 328,518 | € 402,910 | ▲ 23% |
| Dividend | € 14,750 | € 12,500 | € 0 | € 0 | |
| Bank debt | € 716,437 | € 1,318,535 | € 1,509,274 | € 1,117,500 | ▼ 26% |
| Balance sheet total | € 1,439,965 | € 2,016,671 | € 2,358,694 | € 2,247,983 | ▼ 5% |
Key figures of DUVARES, 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 DUVARES?
What happened at DUVARES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 74,391 (▲ € 65,714 vs 2024). Source: NBB ↗
- New establishment in Heist-op-den-Berg. KBO
- New establishment in Sint-Katelijne-Waver. KBO
- New establishment in Heist-op-den-Berg. KBO
- Start of the company according to the CBE. KBO
In short
From € 89,375 profit in 2022 to € 74,391 profit in 2025.
Paid € 70,067 in corporate taxes since 2022.
Best year ever: 2022, with € 89,375 profit.
Paid out € 27,250 in dividends to the owners in total.
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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
Behind DUVARES are Ken Vanthielen and An Dupont.
Directors
According to the 2025 annual accounts
Ken Vanthielen
Director
An Dupont
Director
Establishments
Establishment units
Physical locations of this company
Katelijnestraat 17
2860 Sint-Katelijne-Waver
Pastoor Mellaertsstraat 60
2220 Heist-op-den-Berg
Active since 16 May 2014
Dorpsstraat 62 box A
2221 Heist-op-den-Berg
Active since 1 June 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0552.837.840
- VAT number
- BE 0552.837.840
- Registered office
- Katelijnestraat 17, 2860 Sint-Katelijne-Waver
- Names & denominations
- DUVARES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 May 2014
- Peppol
- Active · Active since 29 Nov 2024
- Activities · NACE
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