ACTIVE

DEVAN

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Financial year 2025 · closed on 30/06/2025

Net result

183,8 k €

-42.6% YoY

Gross margin

1,2 M €

-5.9% YoY

Equity

547,6 k €

-43.9% YoY

Workforce

19,0 ETP

+11.1% YoY

What does DEVAN do?

DEVAN is a Private limited company incorporated in 1988. Its main activity is: Retail sale in non-specialised stores with food, beverages or tobacco predominating. Its registered office is in Ingelmunster. It employs on average 19,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0434.542.380

Incorporation

14/06/1988

Legal form

Private limited company

Registered office

Nijverheidstraat 2A
8770 Ingelmunster · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

30/06/2025

Average workforce

19,0 ETP

Activities (NACE)

47110Retail sale in non-specialised stores with food, beverages or tobacco predominating· main 47112Retail sale in non-specialised stores with food, beverages or tobacco predominating 47221Retail sale of meat and meat products in specialised stores 47221Retail sale of meat and meat products in specialised stores 52112Warehousing and storage 52220Service activities incidental to water transportation

Joint committees (4)

119
11900
201
20100

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 16 financial years

	2025		2024		2023		2022		2018		2017		2016		2015		2014		2013		2012		2011		2010		2008		2007		2006
Income statement
Gross margin	1,2 M €	-5.9%	1,3 M €	+6.0%	1,2 M €	-0.4%	1,2 M €	+40.3%	847,0 k €	+1.6%	833,4 k €	+12.8%	738,7 k €	-8.5%	807,8 k €	+15.1%	701,6 k €	+1.1%	693,8 k €	-16.5%	831,1 k €	-10.5%	928,4 k €	-33.3%	1,4 M €	+203%	459,4 k €	+320%	109,4 k €	+2.7%	106,5 k €
EBITDA	461,2 k €	-27.8%	638,4 k €	+16.4%	548,6 k €	-13.2%	631,9 k €	+46.0%	432,9 k €	+19.6%	362,0 k €	+9.0%	332,1 k €	-9.3%	366,0 k €	+49.1%	245,4 k €	-5.0%	258,2 k €	-26.5%	351,6 k €	-31.7%	514,8 k €	-33.4%	772,9 k €	+198%	259,1 k €	+2153%	11,5 k €	-34.9%	17,7 k €
Operating result	287,7 k €	-39.1%	472,1 k €	+26.7%	372,7 k €	-18.6%	457,6 k €	+271%	123,2 k €	-41.9%	212,2 k €	-23.3%	276,6 k €	-4.4%	289,5 k €	+109%	138,2 k €	+831%	14,9 k €	-84.0%	92,8 k €	-63.9%	257,3 k €	-39.1%	422,4 k €	+185%	148,1 k €	+1423%	-11,2 k €	-331%	4,9 k €
Net result	183,8 k €	-42.6%	320,4 k €	+23.3%	259,9 k €	-18.9%	320,7 k €	+204%	105,4 k €	-18.2%	128,8 k €	-29.4%	182,6 k €	-9.0%	200,5 k €	+110%	95,7 k €	+617%	13,4 k €	-82.5%	76,5 k €	-54.2%	166,9 k €	-38.1%	269,8 k €	+124%	120,3 k €	+7542%	1,6 k €	-82.2%	8,9 k €
Balance sheet
Equity	547,6 k €	-43.9%	976,9 k €	+9.6%	891,2 k €	+1.4%	878,9 k €	-21.9%	1,1 M €	+12.6%	998,7 k €	+14.8%	869,9 k €	+1.1%	860,4 k €	+1.4%	848,9 k €	-0.4%	852,4 k €	+1.6%	839,0 k €	+10.0%	762,5 k €	+9.6%	695,7 k €	+63.3%	425,9 k €	+39.4%	305,6 k €	+0.5%	304,0 k €
Total assets	2,1 M €	-3.9%	2,2 M €	-4.5%	2,3 M €	+5.5%	2,2 M €	-18.1%	2,7 M €	+41.3%	1,9 M €	+2.5%	1,9 M €	+1.6%	1,8 M €	+30.6%	1,4 M €	+6.6%	1,3 M €	-15.8%	1,6 M €	-3.9%	1,6 M €	-0.3%	1,6 M €	-29.2%	2,3 M €	+340%	525,9 k €	+12.1%	469,0 k €
Cash	130,0 k €	-58.2%	311,3 k €	-7.7%	337,1 k €	+20.0%	280,8 k €	-4.6%	294,3 k €	-72.1%	1,1 M €	+4.7%	1,0 M €	-23.3%	1,3 M €	+59.8%	823,1 k €	+52.7%	539,0 k €	+18.9%	453,4 k €	+0.8%	449,9 k €	+3.6%	434,1 k €	+156%	169,7 k €	+132%	73,1 k €	-77.6%	326,2 k €
Debts	1,6 M €	+27.5%	1,2 M €	-13.5%	1,4 M €	+8.0%	1,3 M €	-15.0%	1,6 M €	+71.2%	913,3 k €	-8.3%	996,2 k €	+2.1%	975,6 k €	+75.6%	555,7 k €	+19.4%	465,5 k €	-36.4%	731,7 k €	-16.1%	871,8 k €	-7.6%	943,4 k €	-50.0%	1,9 M €	+757%	220,3 k €	+33.5%	165,0 k €
Other
Workforce	19,0 ETP	+11.1%	17,1 ETP	-1.7%	17,4 ETP	+16.8%	14,9 ETP	+8.8%	13,7 ETP	+7.0%	12,8 ETP	-0.8%	12,9 ETP	-2.3%	13,2 ETP	-5.7%	14,0 ETP	-10.8%	15,7 ETP	+1.3%	15,5 ETP	+2.6%	15,1 ETP	-3.8%	15,7 ETP	+118%	7,2 ETP	+67.4%	4,3 ETP	+7.5%	4,0 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 30/06/2025 · 2 active · 6 ended

Active mandates

Frank Vandenpanhuyzen

Director

Active

Veda

Director · 0421.954.552

Represented by Paul Vanhonsebrouck

Active

Ended mandates

Veda

Director · since 01 juillet 2004 · 0421.954.552

Represented by Vanhonsebrouck Paul

Ended

Veda

Manager · since 01 juillet 2004 · 0421.954.552

Represented by Vanhonsebrouck Paul

Ended

Frank Vandenpanhuyzen

Director · since 01 avril 2001

Ended

Frank Vandenpanhuyzen

Manager · since 01 avril 2001

Ended

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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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	20/01/2026	19/12/2024	21/12/2023	14/12/2022	21/12/2021	03/12/2020
General meeting	30/12/2025	19/12/2024	21/12/2023	20/11/2022	23/11/2021	19/11/2020
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

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	30/12/2025	20/01/2026	Dutch	PDF
Abridged model	30/06/2024	19/12/2024	19/12/2024	Dutch	PDF
Abridged model	30/06/2023	21/12/2023	21/12/2023	Dutch	PDF
Abridged model	30/06/2022	20/11/2022	14/12/2022	Dutch	PDF
Abridged model	30/06/2021	23/11/2021	21/12/2021	Dutch	PDF
Abridged model	30/06/2020	19/11/2020	03/12/2020	Dutch	PDF
Abridged model	30/06/2019	19/12/2019	17/01/2020	Dutch	PDF
Abridged model	30/06/2018	20/12/2018	14/01/2019	Dutch	PDF
Abridged model	30/06/2017	21/12/2017	19/01/2018	Dutch	PDF
Abridged model	30/06/2016	15/12/2016	10/01/2017	Dutch	PDF
Abridged model	30/06/2015	17/12/2015	15/01/2016	Dutch	PDF
Abridged model	30/06/2014	13/01/2015	29/01/2015	Dutch	PDF
Abridged model	30/06/2013	19/12/2013	17/01/2014	Dutch	PDF
Abridged model	30/06/2012	29/12/2012	28/01/2013	Dutch	PDF
Abridged model	30/06/2011	30/12/2011	24/01/2012	Dutch	PDF
Abridged model	30/06/2010	30/12/2010	27/01/2011	Dutch	PDF
Abridged model	31/12/2008	29/06/2009	14/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	14/08/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	17/07/2007	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 30/06/2025 · 2 active · 6 ended

Active mandates

Frank Vandenpanhuyzen

Director

Active

Veda

Director · 0421.954.552

Represented by Paul Vanhonsebrouck

Active

Ended mandates

Veda

Director · since 01 juillet 2004 · 0421.954.552

Represented by Vanhonsebrouck Paul

Ended

Veda

Manager · since 01 juillet 2004 · 0421.954.552

Represented by Vanhonsebrouck Paul

Ended

Frank Vandenpanhuyzen

Director · since 01 avril 2001

Ended

Frank Vandenpanhuyzen

Manager · since 01 avril 2001

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates31/12/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares23/07/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other23/10/2009
BOEKJAAR
PDF
Mandates03/05/2006
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/04/2006
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - 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 2025183,8 k €↓
2024
Annual accounts 2024320,4 k €↑
2023
Annual accounts 2023259,9 k €↓
2022
Annual accounts 2022320,7 k €↑
2018
Annual accounts 2018105,4 k €↓
2017
Annual accounts 2017128,8 k €↓
2016
Annual accounts 2016182,6 k €↓
2015
Annual accounts 2015200,5 k €↑
2014
Annual accounts 201495,7 k €↑
2013
Annual accounts 201313,4 k €↓
2012
Annual accounts 201276,5 k €↓
2011
Annual accounts 2011166,9 k €↓
2010
Annual accounts 2010269,8 k €↑
2008
Annual accounts 2008120,3 k €↑
2007
Annual accounts 20071,6 k €↓
2006
Annual accounts 20068,9 k €
14/06/1988
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

DEVAN

Overview

What does DEVAN do?

Trend over 16 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