ACTIVE

DEVABO

Export PDF

Financial year 2024 · closed on 31/12/2024

Net result

121,4 k €

-42.9% YoY

Gross margin

1,0 M €

+36.5% YoY

Equity

537,6 k €

+29.2% YoY

Workforce

10,6 ETP

+9.3% YoY

What does DEVABO do?

DEVABO is a Public limited company incorporated in 1983. Its registered office is in Waregem. It employs on average 10,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0424.169.815

Incorporation

17/05/1983

Legal form

Public limited company

Registered office

Pannewegel 50
8790 Waregem · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2024

Average workforce

10,6 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2024		2023		2022		2021		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,0 M €	+36.5%	767,8 k €	+9.0%	704,2 k €	+7.1%	657,5 k €	+60.9%	408,7 k €	-19.3%	506,4 k €	-15.1%	596,7 k €	+13.8%	524,6 k €	-15.9%	624,1 k €	+5.3%	592,6 k €	-27.5%	817,6 k €	+11.0%	736,3 k €
EBITDA	447,2 k €	+75.8%	254,4 k €	+29.4%	196,6 k €	+48.7%	132,2 k €	+242%	38,6 k €	-67.4%	118,7 k €	+67.9%	70,7 k €	+33.2%	53,1 k €	-44.0%	94,8 k €	+1.9%	93,0 k €	+0.6%	92,5 k €	-22.9%	119,9 k €
Operating result	170,3 k €	-25.3%	228,2 k €	+43.1%	159,4 k €	+55.5%	102,5 k €	+1352%	7,1 k €	-91.4%	81,9 k €	+213%	26,2 k €	+175%	9,5 k €	-93.7%	150,1 k €	+12544%	1,2 k €	-93.5%	18,2 k €	-68.5%	57,8 k €
Net result	121,4 k €	-42.9%	212,8 k €	+44.2%	147,5 k €	+61.6%	91,3 k €	+5938%	1,5 k €	-97.6%	61,8 k €	+131%	26,7 k €	+52.4%	17,5 k €	-51.8%	36,4 k €	+890%	3,7 k €	+5246%	-71,4 €	-100%	25,1 k €
Balance sheet
Equity	537,6 k €	+29.2%	416,2 k €	+8.1%	384,9 k €	+2.0%	377,4 k €	+76.6%	213,7 k €	+0.7%	212,2 k €	+0.9%	210,4 k €	+14.6%	183,6 k €	+10.6%	166,1 k €	+28.0%	129,7 k €	+2.9%	126,0 k €	-0.1%	126,1 k €
Total assets	1,4 M €	+79.3%	784,4 k €	+8.0%	726,5 k €	+12.5%	645,5 k €	+19.3%	541,2 k €	-20.3%	679,4 k €	-4.5%	711,2 k €	-36.9%	1,1 M €	+80.4%	624,9 k €	-0.2%	626,0 k €	+32.4%	472,8 k €	-24.5%	626,2 k €
Cash	680,3 k €	+144%	279,1 k €	+35.8%	205,4 k €	+63.8%	125,4 k €		–		80,9 k €	-32.3%	119,6 k €	+12.5%	106,3 k €	+180%	38,0 k €	-71.1%	131,4 k €	+221%	41,0 k €	+215%	13,0 k €
Debts	506,1 k €	+37.4%	368,2 k €	+7.9%	341,3 k €	+27.4%	267,8 k €	-7.9%	290,7 k €	-32.3%	429,6 k €	-7.2%	463,1 k €	-48.9%	905,9 k €	+115%	420,6 k €	+0.3%	419,2 k €	+49.3%	280,7 k €	-43.7%	499,0 k €
Other
Workforce	10,6 ETP	+9.3%	9,7 ETP	-17.8%	11,8 ETP	-3.3%	12,2 ETP	+38.6%	8,8 ETP	-9.3%	9,7 ETP	-11.8%	11,0 ETP	+4.8%	10,5 ETP	-11.8%	11,9 ETP	-9.8%	13,2 ETP	-26.3%	17,9 ETP	-3.8%	18,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 30 ended

Active mandates

Carine DEKYVERE

Director · since 30 août 2022 · until 29 août 2028

Active

PELICA

Director · since 30 août 2022 · until 29 août 2028 · 0446.005.109

Represented by Ilse Van Den Bogaerde

Active

Piet VAN DEN BOGAERDE

Director · since 30 août 2022 · until 29 août 2028

Active

Ended mandates

PELICA

Director · since 30 août 2022 · until 29 août 2028 · 0446.005.109

Represented by Ilse Van Den Bogaerde

Ended

Carine Dekyvere

Bestuurder · since 27 septembre 2017 · until 01 octobre 2022

Ended

Carine Dekyvere

Director · since 27 septembre 2017 · until 01 octobre 2022

Ended

PELICA

Managing director · since 27 septembre 2017 · until 01 octobre 2022 · 0446.005.109

Represented by Ilse Van Den Bogaerde

Ended

At this address

Other companies at this address

Company	CBE no.
PELICA● Active	0446.005.109
RECUPAN● Active	0828.029.216

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/09/2025	30/10/2024	29/09/2023	31/08/2022	08/11/2021	30/11/2020
General meeting	13/09/2025	05/10/2024	28/09/2023	30/08/2022	07/10/2021	26/11/2020
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	13/09/2025	30/09/2025	Dutch	PDF
Abridged model	31/12/2023	05/10/2024	30/10/2024	Dutch	PDF
Abridged model	31/12/2022	28/09/2023	29/09/2023	Dutch	PDF
Abridged model	31/12/2021	30/08/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	07/10/2021	08/11/2021	Dutch	PDF
Abridged model	31/12/2019	26/11/2020	30/11/2020	Dutch	PDF
Abridged model	31/12/2018	09/10/2019	13/11/2019	Dutch	PDF
Abridged model	31/12/2017	10/01/2019	30/01/2019	Dutch	PDF
Abridged model	31/12/2016	27/09/2017	29/09/2017	Dutch	PDF
Abridged model	31/12/2015	05/10/2016	31/10/2016	Dutch	PDF
Abridged model	31/12/2014	28/09/2015	30/09/2015	Dutch	PDF
Abridged model	31/12/2013	26/08/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	30/08/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	25/09/2012	28/09/2012	Dutch	PDF
Abridged model	31/12/2010	30/08/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	30/08/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	27/08/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	19/08/2008	22/08/2008	Dutch	PDF
Abridged model	31/12/2006	26/05/2007	30/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 31/12/2024 · 3 active · 30 ended

Active mandates

Carine DEKYVERE

Director · since 30 août 2022 · until 29 août 2028

Active

PELICA

Director · since 30 août 2022 · until 29 août 2028 · 0446.005.109

Represented by Ilse Van Den Bogaerde

Active

Piet VAN DEN BOGAERDE

Director · since 30 août 2022 · until 29 août 2028

Active

Ended mandates

PELICA

Director · since 30 août 2022 · until 29 août 2028 · 0446.005.109

Represented by Ilse Van Den Bogaerde

Ended

Carine Dekyvere

Bestuurder · since 27 septembre 2017 · until 01 octobre 2022

Ended

Carine Dekyvere

Director · since 27 septembre 2017 · until 01 octobre 2022

Ended

PELICA

Managing director · since 27 septembre 2017 · until 01 octobre 2022 · 0446.005.109

Represented by Ilse Van Den Bogaerde

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/03/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/11/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/10/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/07/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/12/2004
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/03/2003
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

2024
Annual accounts 2024121,4 k €↓
2023
Annual accounts 2023212,8 k €↑
2022
Annual accounts 2022147,5 k €↑
2021
Annual accounts 202191,3 k €↑
2013
Annual accounts 20131,5 k €↓
2012
Annual accounts 201261,8 k €↑
2011
Annual accounts 201126,7 k €↑
2010
Annual accounts 201017,5 k €↓
2009
Annual accounts 200936,4 k €↑
2008
Annual accounts 20083,7 k €↑
2007
Annual accounts 2007-71,4 €↓
2006
Annual accounts 200625,1 k €
17/05/1983
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

DEVABO

Overview

What does DEVABO do?

Trend over 12 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