ACTIVE

DE VRY

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Financial year 2025 · closed on 31/10/2025

Net result

354,6 k €

-10.8% YoY

Gross margin

707,6 k €

+11.2% YoY

Equity

2,2 M €

+11.4% YoY

What does DE VRY do?

DE VRY is a Public limited company incorporated in 1987. Its main activity is: Other activities auxiliary to financial services, except insurance and pension funding. Its registered office is in Malle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0433.040.464

Incorporation

30/12/1987

Legal form

Public limited company

Registered office

Dorpsweg 3
2390 Malle · FlandreSee on map

Contributed capital

62 500,00 €

Latest accounts

31/10/2025

Activities (NACE)

66191Other activities auxiliary to financial services, except insurance and pension funding· main 66191Other activities auxiliary to financial services, except insurance and pension funding 71122Engineering activities and related technical consultancy 71122Engineering activities and related technical consultancy 74202Photographic activities 68100Buying and selling of own real estate+5

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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
Gross margin	707,6 k €	+11.2%	636,3 k €	+13.9%	558,6 k €	+47.7%	378,2 k €	+20.2%	314,6 k €	+20.6%	260,9 k €	-3.9%	271,5 k €	+27.3%	213,2 k €	-32.8%	317,4 k €	+12.5%	282 k €	+15.4%	244,4 k €	-13.7%	283,3 k €	+23.7%	229 k €	-1.0%	231,5 k €	-15.1%	272,6 k €	+8.0%	252,4 k €	+5.7%	238,9 k €	+21.0%	197,5 k €	-7.2%	212,7 k €	-11.7%	240,9 k €
EBITDA	545,1 k €	+9.1%	499,8 k €	+15.8%	431,5 k €	+59.0%	271,3 k €	+32.6%	204,6 k €	+9.9%	186,2 k €	-11.5%	210,5 k €	+48.1%	142,1 k €	-42.6%	247,5 k €	+12.9%	219,3 k €	+24.3%	176,4 k €	-17.7%	214,4 k €	+28.4%	167 k €	+1.8%	164,1 k €	-23.3%	213,9 k €	+9.0%	196,2 k €	+8.2%	181,4 k €	+13.6%	159,7 k €	-21.3%	202,8 k €	-12.5%	231,9 k €
Operating result	514,2 k €	+7.0%	480,8 k €	+16.8%	411,5 k €	+63.1%	252,3 k €	+44.2%	175 k €	+6.8%	163,8 k €	-13.2%	188,6 k €	+58.5%	119 k €	-43.2%	209,6 k €	+7.4%	195,2 k €	+44.8%	134,8 k €	-15.1%	158,8 k €	+90.3%	83,5 k €	-3.2%	86,2 k €	-41.9%	148,4 k €	+30.5%	113,7 k €	+12.7%	100,8 k €	+19.0%	84,7 k €	-36.3%	133 k €	-7.8%	144,3 k €
Net result	354,6 k €	-10.8%	397,7 k €	+38.1%	288,1 k €	+156%	112,7 k €	-7.8%	122,2 k €	+11.4%	109,6 k €	-20.8%	138,5 k €	+503%	23 k €	-82.9%	134,2 k €	+23.6%	108,6 k €	+15.6%	93,9 k €	-20.7%	118,5 k €	+79.3%	66,1 k €	-4.2%	68,9 k €	-40.1%	115,1 k €	+40.7%	81,8 k €	+11.3%	73,4 k €	+9.0%	67,4 k €	-23.4%	88 k €	+3.1%	85,4 k €
Balance sheet
Equity	2,2 M €	+11.4%	1,9 M €	+18.2%	1,6 M €	+14.7%	1,4 M €	+4.8%	1,4 M €	-12.5%	1,6 M €	+7.6%	1,4 M €	+10.6%	1,3 M €	+1.8%	1,3 M €	+11.7%	1,1 M €	+10.5%	1 M €	+0.4%	1 M €	+12.9%	916 k €	+2.0%	897,9 k €	+2.4%	877 k €	+15.1%	761,9 k €	+12.0%	680,2 k €	+12.1%	606,7 k €	+12.5%	539,3 k €	+19.5%	451,3 k €
Total assets	2,9 M €	+25.2%	2,3 M €	+18.7%	1,9 M €	+17.7%	1,7 M €	+4.9%	1,6 M €	-4.3%	1,6 M €	+6.1%	1,6 M €	+14.4%	1,4 M €	+1.4%	1,3 M €	+12.0%	1,2 M €	+4.5%	1,1 M €	-0.2%	1,1 M €	+3.1%	1,1 M €	-0.9%	1,1 M €	+2.7%	1,1 M €	+7.8%	1 M €	+4.0%	974,2 k €	+7.2%	908,5 k €	+7.4%	846,2 k €	+2.1%	828,9 k €
Cash	222 k €	-36.8%	351,2 k €	+8.7%	323 k €	+65.4%	195,3 k €	+19.5%	163,5 k €	-79.6%	802,3 k €	+308%	196,4 k €	+85.5%	105,9 k €	-78.7%	496,8 k €	+24.4%	399,3 k €	-48.5%	776,1 k €	+11.3%	697 k €	+12.9%	617,4 k €	+8.5%	569 k €	-3.9%	592,4 k €	+9.6%	540,4 k €	+55.9%	346,6 k €	+172%	127,5 k €	-40.3%	213,4 k €	+52.8%	139,6 k €
Debts	71,7 k €	-35.4%	111 k €	-40.3%	185,8 k €	+62.4%	114,4 k €	-4.1%	119,3 k €	+28.1%	93,2 k €	+53.9%	60,5 k €	+25.2%	48,3 k €	-12.4%	55,1 k €	+18.1%	46,7 k €	-54.6%	102,8 k €	-6.1%	109,5 k €	-43.1%	192,6 k €	-12.8%	220,8 k €	+4.2%	211,8 k €	-14.9%	248,8 k €	-15.1%	293 k €	-2.4%	300,1 k €	-1.8%	305,6 k €	-18.8%	376,5 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	+25.0%	0,8 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 31/10/2025 · 4 active · 36 ended

Active mandates

Bart De Vry

Director

Active

Ingeborg De Vry

Director

Active

Mark Verlinden

Director

Active

Ronny Quirijnen

Director

Active

Ended mandates

Bart De Vry

Director · since 08 avril 2019 · until 08 avril 2025

Ended

Ingeborg De Vry

Director · since 08 avril 2019 · until 08 avril 2025

Ended

Mark Verlinden

Director · since 08 avril 2019 · until 08 avril 2025

Ended

Rony Quirijnen

Director · since 08 avril 2019 · until 08 avril 2025

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/11/2024	01/11/2023	01/11/2022	01/11/2021	01/11/2020	01/11/2019
Closing of the financial year	31/10/2025	31/10/2024	31/10/2023	31/10/2022	31/10/2021	31/10/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/05/2026	30/04/2025	31/05/2024	05/05/2023	13/05/2022	03/05/2021
General meeting	13/04/2026	14/04/2025	29/04/2024	11/04/2023	11/04/2022	12/04/2021
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
Micro model	31/10/2025	13/04/2026	08/05/2026	Dutch	PDF
Micro model	31/10/2024	14/04/2025	30/04/2025	Dutch	PDF
Micro model	31/10/2023	29/04/2024	31/05/2024	Dutch	PDF
Micro model	31/10/2022	11/04/2023	05/05/2023	Dutch	PDF
Micro model	31/10/2021	11/04/2022	13/05/2022	Dutch	PDF
Micro model	31/10/2020	12/04/2021	03/05/2021	Dutch	PDF
Micro model	31/10/2019	28/05/2020	02/06/2020	Dutch	PDF
Micro model	31/10/2018	29/04/2019	22/05/2019	Dutch	PDF
Micro model	31/10/2017	09/04/2018	23/10/2018	Dutch	PDF
Abridged model	31/10/2016	10/04/2017	09/06/2017	Dutch	PDF
Abridged model	31/10/2015	11/04/2016	22/04/2016	Dutch	PDF
Abridged model	31/10/2014	13/04/2015	30/04/2015	Dutch	PDF
Abridged model	31/10/2013	14/04/2014	11/09/2014	Dutch	PDF
Abridged model	31/10/2012	29/04/2013	30/04/2013	Dutch	PDF
Abridged model	31/10/2011	30/04/2012	24/05/2012	Dutch	PDF
Abridged model	31/10/2010	11/04/2011	13/04/2011	Dutch	PDF
Abridged model	31/10/2009	12/04/2010	05/05/2010	Dutch	PDF
Abridged model	31/10/2008	13/04/2009	15/04/2009	Dutch	PDF
Abridged model	31/10/2007	14/04/2008	20/05/2008	Dutch	PDF
Abridged model	31/10/2006	09/04/2007	10/04/2007	Dutch	PDF

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 31/10/2025 · 4 active · 36 ended

Active mandates

Bart De Vry

Director

Active

Ingeborg De Vry

Director

Active

Mark Verlinden

Director

Active

Ronny Quirijnen

Director

Active

Ended mandates

Bart De Vry

Director · since 08 avril 2019 · until 08 avril 2025

Ended

Ingeborg De Vry

Director · since 08 avril 2019 · until 08 avril 2025

Ended

Mark Verlinden

Director · since 08 avril 2019 · until 08 avril 2025

Ended

Rony Quirijnen

Director · since 08 avril 2019 · until 08 avril 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates01/07/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/01/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/10/2013
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares24/01/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates30/04/2007
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/06/2006
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 2025354,6 k €↓
2024
Annual accounts 2024397,7 k €↑
2023
Annual accounts 2023288,1 k €↑
2023
Name changeDE VRIJ
2022
Annual accounts 2022112,7 k €↓
2021
Annual accounts 2021122,2 k €↑
2021
Name changeDe Vry
2020
Annual accounts 2020109,6 k €↓
2019
Annual accounts 2019138,5 k €↑
2018
Annual accounts 201823 k €↓
2017
Annual accounts 2017134,2 k €↑
2016
Annual accounts 2016108,6 k €↑
2015
Annual accounts 201593,9 k €↓
2014
Annual accounts 2014118,5 k €↑
2013
Annual accounts 201366,1 k €↓
2012
Annual accounts 201268,9 k €↓
2011
Annual accounts 2011115,1 k €↑
2010
Annual accounts 201081,8 k €↑
2009
Annual accounts 200973,4 k €↑
2008
Annual accounts 200867,4 k €↓
2007
Annual accounts 200788 k €↑
2006
Annual accounts 200685,4 k €
30/12/1987
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

DE VRY

Overview

What does DE VRY 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