ACTIVE

DEVA RECYCLING

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Financial year 2025 · closed on 31/12/2025

Net result

13,6 k €

-75.0% YoY

Gross margin

1,3 M €

+8.9% YoY

Equity

632,2 k €

+2.2% YoY

Workforce

9,6 ETP

+14.3% YoY

What does DEVA RECYCLING do?

DEVA RECYCLING is a Private limited company incorporated in 1985. Its registered office is in Ichtegem. It employs on average 9,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0427.084.862

Incorporation

16/03/1985

Legal form

Private limited company

Registered office

Oostendesteenweg(FEER) 199
8480 Ichtegem · FlandreSee on map

Contributed capital

22 000,00 €

Latest accounts

31/12/2025

Average workforce

9,6 ETP

Joint committees (11)

124
1240
12400
140
14003
200
2000
20000
226
2260
22600

Contacts

4 public details availableLog in to view

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,3 M €	+8.9%	1,2 M €	+13.4%	1,1 M €	+24.2%	855,5 k €	-5.5%	905,5 k €	+31.2%	690,4 k €	+14.8%	601,2 k €	+63.5%	367,7 k €	-8.4%	401,2 k €	+19.6%	335,4 k €	+20.3%	278,9 k €	-2.9%	287,3 k €	-17.9%	350,1 k €	-0.8%	353 k €	+5.7%	334,1 k €	-8.1%	363,7 k €	+17.5%	309,4 k €	+15.6%	267,6 k €	-10.1%	297,7 k €
EBITDA	444,8 k €	-7.8%	482,3 k €	+17.9%	409,1 k €	+55.4%	263,3 k €	-18.3%	322,1 k €	+65.0%	195,2 k €	+49.3%	130,7 k €	+296%	33 k €	-76.0%	137,4 k €	+105%	67,2 k €	-7.7%	72,7 k €	+25.7%	57,9 k €	-39.1%	95 k €	+7.3%	88,5 k €	-6.5%	94,7 k €	-23.3%	123,5 k €	+15.1%	107,3 k €	+14.3%	93,8 k €	-5.8%	99,7 k €
Operating result	45,7 k €	-44.8%	82,8 k €	-1.1%	83,7 k €	+449%	15,3 k €	-83.7%	93,4 k €	+388%	19,1 k €	+218%	6 k €	+105%	-117,8 k €	-324%	52,6 k €	+254%	-34,2 k €	-756%	5,2 k €	-16.6%	6,3 k €	-78.0%	28,5 k €	+9.3%	26 k €	-22.9%	33,8 k €	-46.0%	62,6 k €	-23.8%	82,1 k €	+22.4%	67,1 k €	-6.8%	72 k €
Net result	13,6 k €	-75.0%	54,4 k €	+3739%	1,4 k €	+130%	-4,7 k €	-106%	75,1 k €	+535%	11,8 k €	+120778%	9,8 €	+100%	-117,3 k €	-479%	30,9 k €	+2467%	1,2 k €	-89.9%	11,9 k €	+25.2%	9,5 k €	-53.7%	20,6 k €	+8.2%	19 k €	-13.4%	22 k €	-58.7%	53,2 k €	-15.1%	62,7 k €	+27.1%	49,3 k €	-1.0%	49,8 k €
Balance sheet
Equity	632,2 k €	+2.2%	618,6 k €	+9.6%	564,2 k €	+0.3%	562,8 k €	-0.8%	567,5 k €	+40.1%	405 k €	+3.0%	393,1 k €	+0.0%	393,1 k €	-23.0%	510,4 k €	+6.5%	479,5 k €	+0.3%	478,3 k €	+2.6%	466,3 k €	+2.1%	456,8 k €	+4.7%	436,2 k €	+4.6%	417,2 k €	+5.6%	395,2 k €	+15.5%	342 k €	+22.4%	279,4 k €	+21.4%	230,1 k €
Total assets	5 M €	+7.6%	4,6 M €	+7.8%	4,3 M €	+7.2%	4 M €	+129%	1,7 M €	+28.9%	1,4 M €	+19.7%	1,1 M €	+3.5%	1,1 M €	+10.6%	986,7 k €	+2.5%	962,9 k €	+20.6%	798,6 k €	+46.5%	545,2 k €	-1.8%	555,4 k €	-4.3%	580,2 k €	+5.2%	551,5 k €	-6.0%	586,7 k €	+21.2%	484 k €	+40.4%	344,7 k €	-3.6%	357,6 k €
Cash	113,8 k €	-57.2%	266,1 k €	+47.9%	180 k €	+14.0%	157,9 k €	+52.3%	103,6 k €	+19.1%	87 k €	-55.9%	197,2 k €	+127%	87 k €	+21.8%	71,4 k €	+56.8%	45,5 k €	-66.0%	134,1 k €	+13.5%	118,1 k €	+461%	21,1 k €	-39.6%	34,9 k €	+122%	15,7 k €	-66.3%	46,6 k €	+536%	7,3 k €	-62.5%	19,5 k €	+18.2%	16,5 k €
Debts	4,3 M €	+7.7%	4 M €	+7.5%	3,7 M €	+8.9%	3,4 M €	+190%	1,2 M €	+24.1%	946,3 k €	+28.6%	735,9 k €	+5.5%	697,7 k €	+46.5%	476,3 k €	-1.5%	483,5 k €	+50.9%	320,4 k €	+306%	78,9 k €	-20.0%	98,6 k €	-31.5%	144 k €	+7.2%	134,3 k €	-29.9%	191,5 k €	+34.9%	141,9 k €	+117%	65,3 k €	-48.8%	127,6 k €
Other
Workforce	9,6 ETP	+14.3%	8,4 ETP	+2.4%	8,2 ETP	-1.2%	8,3 ETP	+1.2%	8,2 ETP	+5.1%	7,8 ETP	-6.0%	8,3 ETP	+48.2%	5,6 ETP	+7.7%	5,2 ETP	+8.3%	4,8 ETP	+26.3%	3,8 ETP	-13.6%	4,4 ETP	-12.0%	5,0 ETP	0.0%	5,0 ETP	+2.0%	4,9 ETP	-2.0%	5,0 ETP	+13.6%	4,4 ETP	+10.0%	4,0 ETP	0.0%	4,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 9 ended

Active mandates

Geert De Waele

Director · since 27 décembre 2019

Active

HENDRIK VANLERBERGHE

Director · 0476.096.091

Represented by Hendrik Vanlerberghe

Active

Ended mandates

HENDRIK VANLERBERGHE

Manager · since 18 mars 2019 · 0476.096.091

Represented by Hendrik Vanlerberghe

Ended

Fréderik De Waele

Manager · since 10 mars 2015 · until 26 février 2016

Ended

Fréderik De Waele

Manager · since 10 mars 2015

Ended

Geert DE WAELE

Director

Ended

At this address

Other companies at this address

Company	CBE no.
BTW Eenheid Deva Recycling● Active	0793.955.490
D.W.A.● Active	0443.863.288

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	30/06/2026	04/07/2025	15/07/2024	27/07/2023	29/06/2022	19/07/2021
General meeting	20/05/2026	27/06/2025	28/06/2024	28/06/2023	29/06/2022	29/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	20/05/2026	30/06/2026	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	04/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	15/07/2024	Dutch	PDF
Abridged model	31/12/2022	28/06/2023	27/07/2023	Dutch	PDF
Abridged model	31/12/2021	29/06/2022	29/06/2022	Dutch	PDF
Abridged model	31/12/2020	29/06/2021	19/07/2021	Dutch	PDF
Abridged model	31/12/2019	02/05/2020	05/06/2020	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	05/07/2019	Dutch	PDF
Abridged model	31/12/2017	25/05/2018	28/08/2018	Dutch	PDF
Abridged model	31/12/2016	26/05/2017	24/08/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	05/06/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	06/06/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	04/06/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	07/06/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	10/06/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	01/06/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	05/06/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	06/06/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	07/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 2 active · 9 ended

Active mandates

Geert De Waele

Director · since 27 décembre 2019

Active

HENDRIK VANLERBERGHE

Director · 0476.096.091

Represented by Hendrik Vanlerberghe

Active

Ended mandates

HENDRIK VANLERBERGHE

Manager · since 18 mars 2019 · 0476.096.091

Represented by Hendrik Vanlerberghe

Ended

Fréderik De Waele

Manager · since 10 mars 2015 · until 26 février 2016

Ended

Fréderik De Waele

Manager · since 10 mars 2015

Ended

Geert DE WAELE

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates31/12/2019
WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates15/05/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/03/2016
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates11/03/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/03/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/10/2003
ONTSLAGEN - BENOEMINGEN - KAPITAAL - AANDELEN - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 202513,6 k €↓
2024
Annual accounts 202454,4 k €↑
2023
Annual accounts 20231,4 k €↑
2022
Annual accounts 2022-4,7 k €↓
2021
Annual accounts 202175,1 k €↑
2019
Annual accounts 201911,8 k €↑
2019
Name changeDEVA RECYCLING
2018
Annual accounts 20189,8 €↑
2017
Annual accounts 2017-117,3 k €↓
2016
Annual accounts 201630,9 k €↑
2015
Annual accounts 20151,2 k €↓
2014
Annual accounts 201411,9 k €↑
2013
Annual accounts 20139,5 k €↓
2012
Annual accounts 201220,6 k €↑
2011
Annual accounts 201119 k €↓
2010
Annual accounts 201022 k €↓
2009
Annual accounts 200953,2 k €↓
2008
Annual accounts 200862,7 k €↑
2007
Annual accounts 200749,3 k €↓
2006
Annual accounts 200649,8 k €
2006
Name changeDEVETRANS
16/03/1985
IncorporationPrivate 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

DEVA RECYCLING

Overview

What does DEVA RECYCLING do?

Trend over 19 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