Financials
Financial year 2025
DUO-WOODS from Ardooie, company number BE0698976555, closed financial year 2025 with a result of € 4,444 after tax. For that financial year DUO-WOODS recorded a gross margin of € 26,356 and equity of € 58,614. Compared with financial year 2024, the result moved from € 1,692 to € 4,444. 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 January 28, 2026.
€ 58,614
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,444
▲ 163% vs 2024
Profit after tax over the fiscal year.
€ 45,202
▲ 113% 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 € 38,614.
People and assets in 2025
€ 6,033
▼ 31% vs 2024
Of which on lease € 4,122.
Debts at end 2025
€ 16,380
▼ 31% vs 2024
€ 7,475 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 22,537
▲ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,456
▲ 131% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 27,909 | € 23,192 | € 21,198 | € 26,356 | ▲ 24% |
| Profit after taxes | € 15,040 | € 5,874 | € 1,692 | € 4,444 | ▲ 163% |
| Equity | € 46,604 | € 52,478 | € 54,170 | € 58,614 | ▲ 8% |
| Total debts | € 91,561 | € 94,949 | € 99,695 | € 102,540 | ▲ 3% |
| Cash | € 31,567 | € 42,463 | € 21,260 | € 45,202 | ▲ 113% |
| Retained profit | € 26,604 | € 32,478 | € 34,170 | € 38,614 | ▲ 13% |
| Dividend | € 6,800 | € 0 | € 0 | € 0 | |
| Bank debt | € 21,648 | € 17,386 | € 23,660 | € 16,380 | ▼ 31% |
| Balance sheet total | € 138,165 | € 147,427 | € 153,865 | € 161,154 | ▲ 5% |
Key figures of DUO-WOODS, 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 January 2027.
What happened to DUO-WOODS?
What happened at DUO-WOODS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,444 (▲ 163% vs 2024). Source: NBB ↗
- New establishment in Ardooie. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,040 profit in 2022 to € 4,444 profit in 2025.
Paid € 6,781 in corporate taxes since 2022.
Best year ever: 2022, with € 15,040 profit.
Paid out € 6,800 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Roeselaarsestraat 127
8850 Ardooie
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0698.976.555
- VAT number
- BE 0698.976.555
- Registered office
- Roeselaarsestraat 127, 8850 Ardooie
- Names & denominations
- DUO-WOODS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 2018
- Peppol
- Active · Active since 12 Sept 2025
- Activities · NACE
Schrijnwerk
Zagen en schaven van hout
Installatie van isolatie
Overige bouwinstallatie
Glaszetten
Vervaardiging van ander schrijn- en timmerwerk
Overige bouwinstallatie, n.e.g.
Isolatiewerkzaamheden