ACTIVE

DEVACO

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Financial year 2024 · closed on 31/12/2024

Net result

34,8 k €

+298.2% YoY

Gross margin

339,9 k €

+34.4% YoY

Equity

222,0 k €

+18.6% YoY

What does DEVACO do?

DEVACO is a Private limited company incorporated in 1988. Its main activity is: Activities of insurance agents and brokers. Its registered office is in Kortrijk.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0434.568.017

Incorporation

01/05/1988

Legal form

Private limited company

Registered office

Molenkouter(Rol) 12
8510 Kortrijk · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2024

Activities (NACE)

66220Activities of insurance agents and brokers· main

Joint committees (2)

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 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	339,9 k €	+34.4%	252,9 k €	+34.8%	187,6 k €	-24.3%	247,7 k €	+38.6%	178,7 k €	+6.9%	167,1 k €	+52.4%	109,7 k €	-21.5%	139,7 k €	+10.2%	126,8 k €	+9.8%	115,6 k €	+14.8%	100,6 k €	+27.0%	79,2 k €	+6.9%	74,1 k €	+2.3%	72,5 k €	+41.3%	51,3 k €	+39.5%	36,8 k €	+19.6%	30,8 k €	-22.1%	39,5 k €	+15.6%	34,2 k €
EBITDA	82,2 k €	+1208%	6,3 k €	+5.2%	6,0 k €	-93.8%	96,1 k €	+170%	35,6 k €	-37.8%	57,2 k €	+188%	19,8 k €	-61.1%	51,0 k €	+12.5%	45,3 k €	+11.1%	40,8 k €	-19.7%	50,8 k €	+32.5%	38,3 k €	-12.1%	43,6 k €	-8.2%	47,4 k €	+6.8%	44,4 k €	+23.6%	35,9 k €	+21.2%	29,6 k €	-22.6%	38,3 k €	+15.2%	33,2 k €
Operating result	49,7 k €	+521%	-11,8 k €	-88.2%	-6,3 k €	-107%	85,5 k €	+339%	19,5 k €	-52.9%	41,3 k €	+2672%	-1,6 k €	-109%	17,6 k €	-8.3%	19,2 k €	+67.8%	11,4 k €	-52.1%	23,9 k €	+67.9%	14,2 k €	+537%	2,2 k €	+45.3%	1,5 k €	-84.5%	9,9 k €	+111%	4,7 k €	+335%	-2,0 k €	-135%	5,7 k €	-11.5%	6,4 k €
Net result	34,8 k €	+298%	-17,6 k €	-100%	-8,8 k €	-114%	63,9 k €	+421%	12,3 k €	-56.5%	28,2 k €	+717%	-4,6 k €	-166%	6,9 k €	-22.7%	8,9 k €	+43.6%	6,2 k €	-66.8%	18,7 k €	+163%	7,1 k €	+328%	-3,1 k €	-299%	1,6 k €	-80.4%	8,0 k €	+2310%	332,0 €	+107%	-5,1 k €	-1562%	348,8 €	-80.8%	1,8 k €
Balance sheet
Equity	222,0 k €	+18.6%	187,2 k €	-8.6%	204,7 k €	-4.1%	213,5 k €	+42.8%	149,6 k €	+8.9%	137,3 k €	+25.9%	109,1 k €	-4.0%	113,6 k €	+6.5%	106,7 k €	+9.1%	97,8 k €	+6.8%	91,6 k €	+25.7%	72,8 k €	+10.8%	65,7 k €	-4.5%	68,8 k €	+2.3%	67,2 k €	+13.5%	59,2 k €	+0.6%	58,9 k €	-8.0%	64,0 k €	+0.5%	63,7 k €
Total assets	355,4 k €	+22.4%	290,3 k €	+11.8%	259,7 k €	+3.0%	252,1 k €	+35.4%	186,1 k €	+10.9%	167,8 k €	+24.4%	134,9 k €	-10.6%	151,0 k €	-8.3%	164,5 k €	-4.3%	171,9 k €	+14.7%	149,8 k €	+31.9%	113,6 k €	-14.7%	133,2 k €	-30.2%	190,9 k €	+25.1%	152,6 k €	+15.1%	132,5 k €	-15.3%	156,5 k €	-15.9%	186,2 k €	-0.2%	186,6 k €
Cash	8,7 k €	+131%	3,8 k €	-95.5%	83,8 k €	-25.8%	112,9 k €	+84.6%	61,1 k €	-4.9%	64,3 k €	+150%	25,7 k €	+21.6%	21,2 k €	-23.1%	27,5 k €	+17.6%	23,4 k €	+109%	11,2 k €	-44.1%	20,0 k €	+49.3%	13,4 k €	-17.0%	16,2 k €	-50.1%	32,4 k €	+35.4%	23,9 k €	-15.1%	28,2 k €	+36.0%	20,7 k €	-23.1%	27,0 k €
Debts	125,8 k €	+31.8%	95,4 k €	+102%	47,3 k €	+40.7%	33,6 k €	+1.4%	33,2 k €	+14.2%	29,0 k €	+17.8%	24,6 k €	-33.1%	36,8 k €	-36.3%	57,8 k €	-21.6%	73,8 k €	+27.3%	57,9 k €	+42.1%	40,8 k €	-39.6%	67,5 k €	-44.7%	122,1 k €	+43.1%	85,3 k €	+16.4%	73,3 k €	-24.9%	97,6 k €	-20.1%	122,2 k €	-0.6%	122,9 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		2,0 ETP	+53.8%	1,3 ETP	+30.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	+233%	0,3 ETP		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 6 ended

Active mandates

Peter DEKIMPE

Director · since 10 mars 2003

Active

Ended mandates

Mario VANDENBERGHE

Director · since 10 mars 2003 · until 30 novembre 2023

Ended

Mario VANDENBERGHE

Director · since 10 mars 2003

Ended

Mario VANDENBERGHE

Manager · since 10 mars 2003

Ended

Peter DEKIMPE

Manager · since 10 mars 2003

Ended

At this address

Other companies at this address

Company	CBE no.
SICUREZZA● Active	0830.109.568

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/08/2025	31/10/2024	31/08/2023	31/08/2022	31/08/2021	30/09/2020
General meeting	21/06/2025	15/06/2024	17/06/2023	18/06/2022	19/06/2021	20/06/2020
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
Micro model	31/12/2024	21/06/2025	27/08/2025	Dutch	PDF
Micro model	31/12/2023	15/06/2024	31/10/2024	Dutch	PDF
Micro model	31/12/2022	17/06/2023	31/08/2023	Dutch	PDF
Micro model	31/12/2021	18/06/2022	31/08/2022	Dutch	PDF
Micro model	31/12/2020	19/06/2021	31/08/2021	Dutch	PDF
Micro model	31/12/2019	20/06/2020	30/09/2020	Dutch	PDF
Micro model	31/12/2018	22/06/2019	31/08/2019	Dutch	PDF
Micro model	31/12/2017	16/06/2018	27/08/2018	Dutch	PDF
Micro model	31/12/2016	17/06/2017	18/08/2017	Dutch	PDF
Abridged model	31/12/2015	18/06/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	20/06/2015	24/08/2015	Dutch	PDF
Abridged model	31/12/2013	21/06/2014	05/08/2014	Dutch	PDF
Abridged model	31/12/2012	22/06/2013	20/08/2013	Dutch	PDF
Abridged model	31/12/2011	23/06/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	18/06/2011	22/08/2011	Dutch	PDF
Abridged model	31/12/2009	19/06/2010	19/07/2010	Dutch	PDF
Abridged model	31/12/2008	20/06/2009	16/09/2009	Dutch	PDF
Abridged model	31/12/2007	21/06/2008	30/09/2008	Dutch	PDF
Abridged model	31/12/2006	23/06/2007	27/09/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 31/12/2024 · 1 active · 6 ended

Active mandates

Peter DEKIMPE

Director · since 10 mars 2003

Active

Ended mandates

Mario VANDENBERGHE

Director · since 10 mars 2003 · until 30 novembre 2023

Ended

Mario VANDENBERGHE

Director · since 10 mars 2003

Ended

Mario VANDENBERGHE

Manager · since 10 mars 2003

Ended

Peter DEKIMPE

Manager · since 10 mars 2003

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Registered office18/09/2009
MAATSCHAPPELIJKE ZETEL
PDF
Mandates02/04/2003
ONTSLAGEN - BENOEMINGEN - BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL - 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

2024
Annual accounts 202434,8 k €↑
2023
Annual accounts 2023-17,6 k €↓
2023
Name changeDEVACO
2022
Annual accounts 2022-8,8 k €↓
2021
Annual accounts 202163,9 k €↑
2021
Name changeDEKIMPE & VANDENBERGHE
2020
Annual accounts 202012,3 k €↓
2019
Annual accounts 201928,2 k €↑
2018
Annual accounts 2018-4,6 k €↓
2017
Annual accounts 20176,9 k €↓
2016
Annual accounts 20168,9 k €↑
2015
Annual accounts 20156,2 k €↓
2014
Annual accounts 201418,7 k €↑
2013
Annual accounts 20137,1 k €↑
2012
Annual accounts 2012-3,1 k €↓
2011
Annual accounts 20111,6 k €↓
2010
Annual accounts 20108,0 k €↑
2009
Annual accounts 2009332,0 €↑
2008
Annual accounts 2008-5,1 k €↓
2007
Annual accounts 2007348,8 €↓
2006
Annual accounts 20061,8 k €
01/05/1988
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

DEVACO

Overview

What does DEVACO 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