ACTIVE

DEVO

Financial year 2025 · closed on 30/06/2025
Net result
544,9 k €
-11.5% YoY
Gross margin
1,0 M €
+0.7% YoY
Equity
1,7 M €
+45.7% YoY
Workforce
6,6 ETP
+11.9% YoY

What does DEVO do?

DEVO is a Private limited company incorporated in 1984. Its main activity is: Retail sale of flowers, plants, seeds, fertilisers, pet animals and pet food in specialised stores. Its registered office is in Hoogstraten. It employs on average 6,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0426.595.013
Incorporation
02/12/1984
Legal form
Private limited company
Registered office
Meerseweg 26
2321 Hoogstraten · FlandreSee on map
Contributed capital
9 767,00 €
Latest accounts
30/06/2025
Average workforce
6,6 ETP
Joint committees (2)
  • 100
  • 201
Contacts
3 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200820072006
Income statement
Gross margin1,0 M €1,0 M €1,3 M €888,4 k €349,7 k €507,1 k €441,9 k €386,0 k €425,3 k €417,7 k €446,1 k €461,3 k €508,6 k €580,8 k €539,3 k €555,7 k €381,8 k €290,7 k €223,9 k €
EBITDA757,2 k €737,1 k €1,1 M €673,4 k €171,6 k €291,4 k €247,9 k €223,7 k €265,6 k €267,2 k €303,6 k €320,1 k €386,9 k €462,7 k €433,4 k €409,9 k €312,1 k €212,5 k €152,1 k €
Operating result725,9 k €702,2 k €1,0 M €637,1 k €132,6 k €232,3 k €210,7 k €187,9 k €219,8 k €227,4 k €254,3 k €265,1 k €330,8 k €438,3 k €399,0 k €337,9 k €277,3 k €176,4 k €117,0 k €
Net result544,9 k €615,9 k €876,7 k €567,2 k €108,3 k €183,3 k €157,7 k €138,4 k €163,3 k €171,3 k €198,2 k €208,6 k €250,0 k €314,6 k €274,7 k €233,9 k €177,1 k €147,0 k €58,1 k €
Balance sheet
Equity1,7 M €1,2 M €925,5 k €548,7 k €406,5 k €398,2 k €414,9 k €357,2 k €418,8 k €455,5 k €534,3 k €436,0 k €527,5 k €652,4 k €487,8 k €238,2 k €229,3 k €152,2 k €105,2 k €
Total assets2,1 M €1,8 M €1,8 M €1,6 M €1,2 M €1,3 M €1,2 M €1,4 M €1,4 M €1,3 M €1,3 M €1,2 M €1,4 M €1,3 M €1,0 M €760,4 k €665,4 k €668,9 k €568,9 k €
Cash646,9 k €524,5 k €761,5 k €642,5 k €360,1 k €414,4 k €424,8 k €563,2 k €495,3 k €474,9 k €331,1 k €238,3 k €539,2 k €717,5 k €491,2 k €79,6 k €255,2 k €276,3 k €161,1 k €
Debts361,5 k €624,0 k €824,7 k €1,0 M €834,3 k €857,7 k €827,2 k €1,1 M €945,5 k €882,9 k €747,7 k €778,1 k €904,7 k €597,8 k €526,3 k €522,2 k €436,1 k €516,7 k €463,7 k €
Other
Workforce6,6 ETP5,9 ETP5,7 ETP5,6 ETP5,4 ETP5,0 ETP5,3 ETP4,2 ETP3,9 ETP3,3 ETP4,0 ETP3,8 ETP3,1 ETP3,3 ETP3,3 ETP3,0 ETP2,0 ETP2,3 ETP2,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 8 ended

Active mandates

HOLIMMO

Director · 0463.691.177

Represented by Koen Vorsselmans

Active

Ended mandates

DEVO

Manager · 0426.595.013

Represented by Koen Vorsselmans

Ended
HENDRICK MARTENS

Administrator - manager

Ended
HOLIMMO

Manager · 0463.691.177

Represented by Koen Vorsselmans

Ended
HOLIMMO

Manager · 0463.691.177

Represented by Koen Vorsselmans

Ended
At this address

Other companies at this address

CompanyCBE no.
0848.603.906
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date25/02/202610/02/202514/02/202427/02/202331/01/202230/01/2021
General meeting20/12/202520/12/202420/12/202320/12/202230/12/202130/12/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202520/12/202525/02/2026DutchPDF
Abridged model30/06/202420/12/202410/02/2025DutchPDF
Abridged model30/06/202320/12/202314/02/2024DutchPDF
Abridged model30/06/202220/12/202227/02/2023DutchPDF
Abridged model30/06/202130/12/202131/01/2022DutchPDF
Abridged model30/06/202030/12/202030/01/2021DutchPDF
Abridged model30/06/201930/12/201931/01/2020DutchPDF
Abridged model30/06/201830/12/201830/01/2019DutchPDF
Abridged model30/06/201730/12/201731/01/2018DutchPDF
Abridged model30/06/201630/12/201630/01/2017DutchPDF
Abridged model30/06/201530/12/201529/01/2016DutchPDF
Abridged model30/06/201430/12/201415/01/2015DutchPDF
Abridged model30/06/201330/12/201313/02/2014DutchPDF
Abridged model30/06/201230/12/201231/01/2013DutchPDF
Abridged model30/06/201130/01/201215/02/2012DutchPDF
Abridged model30/06/201030/11/201007/12/2010DutchPDF
Abridged model31/12/200830/06/200930/07/2009DutchPDF
Abridged model31/12/200730/05/200823/06/2008DutchPDF
Abridged model31/12/200614/08/200716/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 30/06/2025 · 1 active · 8 ended

Active mandates

HOLIMMO

Director · 0463.691.177

Represented by Koen Vorsselmans

Active

Ended mandates

DEVO

Manager · 0426.595.013

Represented by Koen Vorsselmans

Ended
HENDRICK MARTENS

Administrator - manager

Ended
HOLIMMO

Manager · 0463.691.177

Represented by Koen Vorsselmans

Ended
HOLIMMO

Manager · 0463.691.177

Represented by Koen Vorsselmans

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates21/11/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Capital / shares23/12/2009
    KAPITAAL - AANDELEN
    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

Timeline

  1. 2025
    Annual accounts 2025544,9 k €
  2. 2024
    Annual accounts 2024615,9 k €
  3. 2023
    Annual accounts 2023876,7 k €
  4. 2022
    Annual accounts 2022567,2 k €
  5. 2021
    Annual accounts 2021108,3 k €
  6. 2020
    Annual accounts 2020183,3 k €
  7. 2019
    Annual accounts 2019157,7 k €
  8. 2018
    Annual accounts 2018138,4 k €
  9. 2017
    Annual accounts 2017163,3 k €
  10. 2016
    Annual accounts 2016171,3 k €
  11. 2015
    Annual accounts 2015198,2 k €
  12. 2014
    Annual accounts 2014208,6 k €
  13. 2013
    Annual accounts 2013250,0 k €
  14. 2012
    Annual accounts 2012314,6 k €
  15. 2011
    Annual accounts 2011274,7 k €
  16. 2010
    Annual accounts 2010233,9 k €
  17. 2008
    Annual accounts 2008177,1 k €
  18. 2007
    Annual accounts 2007147,0 k €
  19. 2006
    Annual accounts 200658,1 k €
  20. 02/12/1984
    IncorporationPrivate limited company