ACTIVE

DEVAN CHEMICALS

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Financial year 2025 · closed on 31/12/2025

Net result

-111 k €

+86.5% YoY

Revenue

10,7 M €

+7.9% YoY

Equity

3,8 M €

-3.1% YoY

Workforce

16,4 ETP

-3.0% YoY

What does DEVAN CHEMICALS do?

DEVAN CHEMICALS is a Public limited company incorporated in 1977. Its main activity is: Manufacture of other chemical products n.e.c.. Its registered office is in Ronse. It employs on average 16,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0417.485.228

Incorporation

02/09/1977

Legal form

Public limited company

Registered office

Rue Klein Frankrijk 8
9600 Ronse · FlandreSee on map

Contributed capital

258 440,00 €

Latest accounts

31/12/2025

Average workforce

16,4 ETP

Activities (NACE)

20590Manufacture of other chemical products n.e.c.· main 20590Manufacture of other chemical products n.e.c.24660Manufacture of basic metals 46751Wholesale of chemical products 46851Wholesale trade, except of motor vehicles and motorcycles 51550Air transport

Joint committees (2)

Contacts

1 public detail availableLog in to view

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	10,7 M €	+7.9%	9,9 M €	+1.7%	9,7 M €	-16.3%	11,7 M €	-6.8%	12,5 M €	-18.2%	15,3 M €	+9.6%	14 M €	+7.2%	13 M €	-8.4%	14,2 M €	+9.9%	12,9 M €	-9.4%	14,3 M €	+11.7%	12,8 M €	+10.1%	11,6 M €	+5.1%	11 M €	+12.7%	9,8 M €	-10.0%	10,9 M €	+28.4%	8,5 M €	-15.6%	10 M €	-8.6%	11 M €	+2.2%	10,8 M €
EBITDA	275,9 k €	+140%	-685,1 k €	-1124%	66,9 k €	-80.4%	342 k €	-77.9%	1,5 M €	-59.8%	3,8 M €	+119%	1,8 M €	+215%	556,4 k €	-66.1%	1,6 M €	-16.0%	2 M €	-38.4%	3,2 M €	+17.8%	2,7 M €	+45.9%	1,8 M €	+113%	865,6 k €	+29.8%	666,8 k €	-46.5%	1,2 M €	+381%	259 k €	-46.7%	486,1 k €	-62.3%	1,3 M €	+21.9%	1,1 M €
Operating result	-121,1 k €	+88.5%	-1 M €	-153%	-414,1 k €	-926%	-40,4 k €	-104%	1,1 M €	-65.9%	3,3 M €	+201%	1,1 M €	+2551%	-44,8 k €	-104%	1,1 M €	-18.7%	1,3 M €	-52.5%	2,8 M €	+16.0%	2,4 M €	+65.3%	1,4 M €	+160%	553,8 k €	+54.1%	359,4 k €	-63.5%	983,6 k €	+1647%	56,3 k €	-78.1%	257,4 k €	-76.5%	1,1 M €	+25.9%	871 k €
Net result	-111 k €	+86.5%	-822,4 k €	-74.3%	-471,9 k €	-3906%	-11,8 k €	-101%	882,5 k €	-65.2%	2,5 M €	+171%	938,2 k €	+234%	281,1 k €	-57.2%	657 k €	-43.9%	1,2 M €	-50.2%	2,4 M €	+18.8%	2 M €	+47.6%	1,3 M €	+390%	273,8 k €	+1.3%	270,3 k €	-61.0%	693,2 k €	+27988%	2,5 k €	-98.9%	224,7 k €	-69.8%	744,7 k €	+24.4%	598,7 k €
Balance sheet
Equity	3,8 M €	-3.1%	3,9 M €	-17.6%	4,7 M €	-9.3%	5,2 M €	-21.4%	6,6 M €	-20.7%	8,4 M €	-18.6%	10,3 M €	+3.7%	9,9 M €	-2.3%	10,1 M €	+3.1%	9,8 M €	+9.1%	9 M €	+35.1%	6,7 M €	+37.7%	4,8 M €	+26.9%	3,8 M €	+0.1%	3,8 M €	+0.0%	3,8 M €	+9.5%	3,5 M €	-9.1%	3,8 M €	+6.2%	3,6 M €	+11.4%	3,2 M €
Total assets	7,8 M €	-2.8%	8 M €	-6.8%	8,6 M €	-11.3%	9,7 M €	-7.9%	10,5 M €	-14.4%	12,3 M €	-18.3%	15 M €	+1.0%	14,9 M €	-4.4%	15,6 M €	+1.2%	15,4 M €	+6.4%	14,4 M €	+26.6%	11,4 M €	+6.3%	10,7 M €	+38.3%	7,8 M €	+6.7%	7,3 M €	-16.6%	8,7 M €	+24.4%	7 M €	-6.2%	7,5 M €	+19.4%	6,3 M €	+9.4%	5,7 M €
Cash	489,6 k €	-52.4%	1 M €	+15.0%	893,4 k €	-46.4%	1,7 M €	-27.9%	2,3 M €	-29.8%	3,3 M €	+182%	1,2 M €	-33.5%	1,8 M €	-36.9%	2,8 M €	+41.7%	2 M €	+41.3%	1,4 M €	+121%	627,6 k €	+63.7%	383,3 k €	+27.4%	300,9 k €	+43.2%	210,1 k €	-29.7%	299 k €	+22.6%	243,9 k €	-31.5%	356,1 k €	-29.1%	502,2 k €	+7.6%	466,6 k €
Debts	3,5 M €	+0.9%	3,5 M €	+4.8%	3,4 M €	-16.2%	4 M €	+18.1%	3,4 M €	-2.0%	3,5 M €	-18.9%	4,3 M €	-5.0%	4,5 M €	-9.3%	4,9 M €	-0.6%	5 M €	+1.7%	4,9 M €	+8.9%	4,5 M €	-21.4%	5,7 M €	+64.6%	3,5 M €	+5.8%	3,3 M €	-30.7%	4,7 M €	+38.9%	3,4 M €	-3.6%	3,5 M €	+53.0%	2,3 M €	+2.4%	2,3 M €
Other
Workforce	16,4 ETP	-3.0%	16,9 ETP	-2.9%	17,4 ETP	-1.7%	17,7 ETP	+4.1%	17,0 ETP	-2.3%	17,4 ETP	-1.1%	17,6 ETP	-15.4%	20,8 ETP	-6.3%	22,2 ETP	+5.2%	21,1 ETP	+0.5%	21,0 ETP	-1.4%	21,3 ETP	+9.8%	19,4 ETP	+5.4%	18,4 ETP	+1.7%	18,1 ETP	-1.1%	18,3 ETP	+5.2%	17,4 ETP	-20.9%	22,0 ETP	0.0%	22,0 ETP	+10.0%	20,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 61 ended

Active mandates

Bernd Schalk

Director · since 13 mars 2024 · until 26 janvier 2028

Active

Julian Alexander Nicolaus Sachs

Director · since 26 janvier 2022 · until 26 janvier 2028

Active

Serdar Gunduz

Director · since 26 janvier 2022 · until 26 janvier 2028

Active

Ended mandates

Thomas Bremer

Director · since 17 octobre 2022 · until 02 décembre 2024

Ended

Thomas Bremer

Director · since 17 octobre 2022 · until 26 janvier 2028

Ended

NADIR

Director · since 01 juillet 2022 · until 31 décembre 2022 · 0473.102.949

Represented by Sven GHYSELINCK

Ended

NADIR

Managing director · since 26 janvier 2022 · until 30 juin 2022 · 0473.102.949

Represented by Sven GHYSELINCK

Ended

At this address

Other companies at this address

Company	CBE no.
Devan International Group● Active	0536.765.534

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/06/2026	28/05/2025	12/06/2024	13/06/2023	16/08/2022	04/06/2021
General meeting	27/05/2026	28/05/2025	29/05/2024	31/05/2023	25/05/2022	26/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	27/05/2026	09/06/2026	Dutch	PDF
Full model	31/12/2024	28/05/2025	28/05/2025	Dutch	PDF
Full model	31/12/2023	29/05/2024	12/06/2024	Dutch	PDF
Full model	31/12/2022	31/05/2023	13/06/2023	Dutch	PDF
Full model	31/12/2021	25/05/2022	16/08/2022	Dutch	PDF
Full model	31/12/2020	26/05/2021	04/06/2021	Dutch	PDF
Full model	31/12/2019	27/05/2020	11/06/2020	Dutch	PDF
Full model	31/12/2018	29/05/2019	17/06/2019	Dutch	PDF
Full model	31/12/2017	14/06/2018	27/06/2018	Dutch	PDF
Full model	31/12/2016	14/07/2017	07/08/2017	Dutch	PDF
Full model	31/12/2015	25/05/2016	19/07/2016	Dutch	PDF
Full model	31/12/2014	27/05/2015	24/07/2015	Dutch	PDF
Full model	31/12/2013	28/05/2014	18/08/2014	Dutch	PDF
Full modelCorrection	31/12/2012	21/05/2013	05/12/2013	Dutch	PDF
Full model	31/12/2012	21/05/2013	12/08/2013	Dutch	PDF
Full model	31/12/2011	11/05/2012	07/06/2012	Dutch	PDF
Full model	31/12/2010	17/05/2011	29/08/2011	Dutch	PDF
Full model	31/12/2009	19/05/2010	11/06/2010	Dutch	PDF
Full model	31/12/2008	19/05/2009	23/06/2009	Dutch	PDF
Full model	31/12/2007	03/06/2008	02/07/2008	Dutch	PDF
Full model	31/12/2006	06/06/2007	18/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 61 ended

Active mandates

Bernd Schalk

Director · since 13 mars 2024 · until 26 janvier 2028

Active

Julian Alexander Nicolaus Sachs

Director · since 26 janvier 2022 · until 26 janvier 2028

Active

Serdar Gunduz

Director · since 26 janvier 2022 · until 26 janvier 2028

Active

Ended mandates

Thomas Bremer

Director · since 17 octobre 2022 · until 02 décembre 2024

Ended

Thomas Bremer

Director · since 17 octobre 2022 · until 26 janvier 2028

Ended

NADIR

Director · since 01 juillet 2022 · until 31 décembre 2022 · 0473.102.949

Represented by Sven GHYSELINCK

Ended

NADIR

Managing director · since 26 janvier 2022 · until 30 juin 2022 · 0473.102.949

Represented by Sven GHYSELINCK

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/04/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/04/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/02/2022
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/01/2021
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-111 k €↑
2024
Annual accounts 2024-822,4 k €↓
2023
Annual accounts 2023-471,9 k €↓
2022
Annual accounts 2022-11,8 k €↓
2021
Annual accounts 2021882,5 k €↓
2020
Annual accounts 20202,5 M €↑
2019
Annual accounts 2019938,2 k €↑
2018
Annual accounts 2018281,1 k €↓
2017
Annual accounts 2017657 k €↓
2016
Annual accounts 20161,2 M €↓
2015
Annual accounts 20152,4 M €↑
2014
Annual accounts 20142 M €↑
2013
Annual accounts 20131,3 M €↑
2012
Annual accounts 2012273,8 k €↑
2011
Annual accounts 2011270,3 k €↓
2010
Annual accounts 2010693,2 k €↑
2009
Annual accounts 20092,5 k €↓
2008
Annual accounts 2008224,7 k €↓
2007
Annual accounts 2007744,7 k €↑
2006
Annual accounts 2006598,7 k €
02/09/1977
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

DEVAN CHEMICALS

Overview

What does DEVAN CHEMICALS do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline