ACTIVE

DEVA - KORT

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Financial year 2025 · closed on 31/12/2025

Net result

62,8 k €

+241.1% YoY

Revenue

3,5 M €

-0.8% YoY

Equity

811,2 k €

+8.4% YoY

Workforce

14,8 ETP

+1.4% YoY

What does DEVA - KORT do?

DEVA - KORT is a Public limited company incorporated in 1987. Its registered office is in Kortemark. It employs on average 14,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0431.719.482

Incorporation

10/08/1987

Legal form

Public limited company

Registered office

Hoogledestraat 92
8610 Kortemark · FlandreSee on map

Contributed capital

247 893,52 €

Latest accounts

31/12/2025

Average workforce

14,8 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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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	3,5 M €	-0.8%	3,6 M €	-12.5%	4,1 M €	-19.2%	5,0 M €	+19.5%	4,2 M €	+12.8%	3,7 M €	-1.3%	3,8 M €	+4.8%	3,6 M €	+5.1%	3,4 M €	+5.8%	3,2 M €	+27.0%	2,6 M €	-17.6%	3,1 M €	-5.1%	3,3 M €	-6.2%	3,5 M €	-10.3%	3,9 M €	+19.8%	3,2 M €	-2.1%	3,3 M €	-11.9%	3,8 M €	+3.9%	3,6 M €	+41.1%	2,6 M €
EBITDA	78,0 k €	+221%	-64,4 k €	-272%	37,5 k €	-87.6%	302,8 k €	+191%	103,9 k €	-43.1%	182,8 k €	+4.0%	175,7 k €	+22.6%	143,3 k €	+53.1%	93,6 k €	-42.6%	163,1 k €	+5360%	-3,1 k €	-104%	70,9 k €	+1574%	4,2 k €	+103%	-131,9 k €	-236%	97,1 k €	+48.3%	65,5 k €	-34.3%	99,6 k €	+301%	24,9 k €	-40.3%	41,7 k €	+662%	5,5 k €
Operating result	69,4 k €	+202%	-68,1 k €	-307%	32,9 k €	-88.7%	292,4 k €	+223%	90,6 k €	-46.3%	168,8 k €	+7.4%	157,1 k €	+26.9%	123,8 k €	+48.8%	83,2 k €	-47.5%	158,3 k €	+1753%	-9,6 k €	-115%	65,6 k €	+696%	-11,0 k €	+92.2%	-141,7 k €	-287%	75,9 k €	+100%	37,9 k €	-49.1%	74,4 k €	+2052%	3,5 k €	-80.9%	18,1 k €	+411%	-5,8 k €
Net result	62,8 k €	+241%	-44,5 k €	-194%	47,3 k €	-78.0%	215,1 k €	+223%	66,6 k €	-46.4%	124,2 k €	+16.5%	106,6 k €	+25.1%	85,2 k €	+56.8%	54,3 k €	-46.9%	102,3 k €	+834%	11,0 k €	-85.2%	73,9 k €	+1757%	-4,5 k €	+90.6%	-47,7 k €	-151%	93,7 k €	+75.4%	53,4 k €	-11.4%	60,3 k €	-5.0%	63,4 k €	+79.4%	35,4 k €	+291%	9,0 k €
Balance sheet
Equity	811,2 k €	+8.4%	748,5 k €	-5.6%	792,9 k €	-48.7%	1,5 M €	+16.2%	1,3 M €	+5.3%	1,3 M €	+10.9%	1,1 M €	+10.3%	1,0 M €	+9.0%	948,0 k €	+6.1%	893,7 k €	+12.9%	791,3 k €	+1.4%	780,4 k €	+10.5%	706,4 k €	-0.6%	710,9 k €	-6.3%	758,6 k €	-21.4%	964,9 k €	+5.9%	911,6 k €	+7.1%	851,3 k €	+8.0%	787,9 k €	+4.7%	752,5 k €
Total assets	1,2 M €	+3.1%	1,2 M €	-44.5%	2,1 M €	-10.0%	2,3 M €	+17.2%	2,0 M €	+11.5%	1,8 M €	+13.0%	1,6 M €	-3.1%	1,6 M €	+2.5%	1,6 M €	-1.3%	1,6 M €	+34.9%	1,2 M €	-2.3%	1,2 M €	+0.9%	1,2 M €	-3.3%	1,2 M €	-13.9%	1,4 M €	-9.2%	1,6 M €	+11.0%	1,4 M €	+15.2%	1,2 M €	+6.6%	1,2 M €	+1.3%	1,2 M €
Cash	580,9 k €	+10.6%	525,5 k €	-63.3%	1,4 M €	+9.6%	1,3 M €	-10.7%	1,5 M €	+9.7%	1,3 M €	+9.1%	1,2 M €	+3.4%	1,2 M €	-2.4%	1,2 M €	+693260%	174,5 €	+164%	66,0 €	-57.4%	155,0 €	-63.1%	420,0 €	+425%	80,0 €	-56.8%	185,0 €		–		25,0 €	-63.7%	69,0 €	-26.8%	94,2 €	-52.4%	198,0 €
Debts	378,7 k €	-7.7%	410,5 k €	-68.3%	1,3 M €	+67.6%	772,0 k €	+19.2%	647,4 k €	+26.8%	510,6 k €	+18.5%	431,0 k €	-26.7%	587,7 k €	-7.1%	632,9 k €	-10.6%	708,0 k €	+119%	323,6 k €	-25.6%	434,8 k €	-12.6%	497,4 k €	-6.8%	533,4 k €	-22.3%	686,8 k €	+9.7%	626,3 k €	+20.0%	521,7 k €	+32.7%	393,2 k €	+3.5%	380,0 k €	-5.0%	399,9 k €
Other
Workforce	14,8 ETP	+1.4%	14,6 ETP	-16.1%	17,4 ETP	-7.0%	18,7 ETP	+2.2%	18,3 ETP	+2.8%	17,8 ETP	+1.7%	17,5 ETP	+6.1%	16,5 ETP	+3.1%	16,0 ETP	+14.3%	14,0 ETP	-4.1%	14,6 ETP	-5.2%	15,4 ETP	-20.6%	19,4 ETP	-12.2%	22,1 ETP	+1.8%	21,7 ETP	+8.5%	20,0 ETP	+5.3%	19,0 ETP	-10.0%	21,1 ETP	-4.5%	22,1 ETP	+7.3%	20,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 29 ended

Active mandates

Caroline Van de Velde

Managing director · since 18 juin 2025 · until 17 juin 2031

Active

Michaël Maertens

Director · since 18 juin 2025 · until 17 juin 2031

Active

Johan Van der Biest

Chairman of the board of directors · since 17 juin 2020 · until 17 juin 2026

Active

Ended mandates

Caroline Van de Velde

Managing director · since 19 juin 2019 · until 18 juin 2025

Ended

Michaël Maertens

Director · since 19 juin 2019 · until 18 juin 2025

Ended

Michaël Maertens

Director · since 07 novembre 2018 · until 19 juin 2019

Ended

Johan Van der Biest

Chairman of the board of directors · since 09 avril 2014 · until 17 juin 2020

Ended

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	03/07/2026	09/07/2025	10/07/2024	30/06/2023	11/07/2022	22/06/2021
General meeting	17/06/2026	18/06/2025	19/06/2024	21/06/2023	15/06/2022	16/06/2021
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
Full model	31/12/2025	17/06/2026	03/07/2026	Dutch	PDF
Full model	31/12/2024	18/06/2025	09/07/2025	Dutch	PDF
Full model	31/12/2023	19/06/2024	10/07/2024	Dutch	PDF
Full model	31/12/2022	21/06/2023	30/06/2023	Dutch	PDF
Full model	31/12/2021	15/06/2022	11/07/2022	Dutch	PDF
Full model	31/12/2020	16/06/2021	22/06/2021	Dutch	PDF
Full model	31/12/2019	17/06/2020	30/06/2020	Dutch	PDF
Full model	31/12/2018	19/06/2019	11/07/2019	Dutch	PDF
Full model	31/12/2017	20/06/2018	06/07/2018	Dutch	PDF
Full model	31/12/2016	12/04/2017	27/04/2017	Dutch	PDF
Full model	31/12/2015	13/04/2016	11/05/2016	Dutch	PDF
Full model	31/12/2014	08/04/2015	14/04/2015	Dutch	PDF
Full model	31/12/2013	09/04/2014	29/04/2014	Dutch	PDF
Full model	31/12/2012	10/04/2013	16/04/2013	Dutch	PDF
Full model	31/12/2011	11/04/2012	17/04/2012	Dutch	PDF
Full model	31/12/2010	13/04/2011	03/05/2011	Dutch	PDF
Full model	31/12/2009	14/04/2010	11/05/2010	Dutch	PDF
Full model	31/12/2008	08/05/2009	29/05/2009	Dutch	PDF
Full model	31/12/2007	09/04/2008	09/05/2008	Dutch	PDF
Full model	31/12/2006	11/04/2007	11/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 29 ended

Active mandates

Caroline Van de Velde

Managing director · since 18 juin 2025 · until 17 juin 2031

Active

Michaël Maertens

Director · since 18 juin 2025 · until 17 juin 2031

Active

Johan Van der Biest

Chairman of the board of directors · since 17 juin 2020 · until 17 juin 2026

Active

Ended mandates

Caroline Van de Velde

Managing director · since 19 juin 2019 · until 18 juin 2025

Ended

Michaël Maertens

Director · since 19 juin 2019 · until 18 juin 2025

Ended

Michaël Maertens

Director · since 07 novembre 2018 · until 19 juin 2019

Ended

Johan Van der Biest

Chairman of the board of directors · since 09 avril 2014 · until 17 juin 2020

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates01/09/2026
Ontslagen-Benoemingen
PDF
Mandates13/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other19/07/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Mandates23/10/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/10/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/12/2018
ONTSLAGEN - BENOEMINGEN
PDF
Other12/01/2018
BOEKJAAR
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 202562,8 k €↑
2024
Annual accounts 2024-44,5 k €↓
2023
Annual accounts 202347,3 k €↓
2022
Annual accounts 2022215,1 k €↑
2021
Annual accounts 202166,6 k €↓
2020
Annual accounts 2020124,2 k €↑
2019
Annual accounts 2019106,6 k €↑
2018
Annual accounts 201885,2 k €↑
2017
Annual accounts 201754,3 k €↓
2016
Annual accounts 2016102,3 k €↑
2015
Annual accounts 201511,0 k €↓
2014
Annual accounts 201473,9 k €↑
2013
Annual accounts 2013-4,5 k €↑
2012
Annual accounts 2012-47,7 k €↓
2011
Annual accounts 201193,7 k €↑
2010
Annual accounts 201053,4 k €↓
2009
Annual accounts 200960,3 k €↓
2008
Annual accounts 200863,4 k €↑
2007
Annual accounts 200735,4 k €↑
2006
Annual accounts 20069,0 k €
10/08/1987
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

DEVA - KORT

Overview

What does DEVA - KORT do?

Trend over 20 financial years

Indicative valuation

Board of directors

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