ACTIVE

DEVACO

Financial year 2025 · closed on 31/12/2025
Net result
13,0 k €
-2.6% YoY
Gross margin
27,0 k €
-0.4% YoY
Equity
130,4 k €
0.0% YoY

What does DEVACO do?

DEVACO is a Public limited company incorporated in 1988. Its registered office is in Hamont-Achel.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0435.412.808
Incorporation
23/09/1988
Legal form
Public limited company
Registered office
Bosstraat 139
3930 Hamont-Achel · FlandreSee on map
Contributed capital
118 606,71 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin27,0 k €27,1 k €23,9 k €29,5 k €28,5 k €27,6 k €27,9 k €22,8 k €23,0 k €21,4 k €21,0 k €9,8 k €20,4 k €22,6 k €22,8 k €21,8 k €14,1 k €13,7 k €12,3 k €11,5 k €
EBITDA17,7 k €18,1 k €14,9 k €21,6 k €20,8 k €19,8 k €21,4 k €16,4 k €16,6 k €14,2 k €14,3 k €3,8 k €14,2 k €16,5 k €17,2 k €16,1 k €8,2 k €7,7 k €6,5 k €5,8 k €
Operating result17,7 k €18,1 k €14,9 k €21,6 k €20,8 k €19,8 k €21,4 k €16,4 k €16,6 k €14,2 k €14,0 k €3,4 k €13,9 k €16,2 k €16,8 k €15,7 k €7,8 k €7,4 k €5,6 k €4,6 k €
Net result13,0 k €13,4 k €10,9 k €15,8 k €20,0 k €17,2 k €17,3 k €12,4 k €20,5 k €12,4 k €12,7 k €5,8 k €11,6 k €15,4 k €12,7 k €15,3 k €7,8 k €7,3 k €5,5 k €4,5 k €
Balance sheet
Equity130,4 k €130,4 k €130,4 k €155,5 k €139,6 k €269,7 k €252,5 k €235,2 k €222,7 k €202,2 k €189,8 k €177,1 k €171,3 k €159,7 k €144,3 k €131,6 k €116,3 k €108,6 k €101,2 k €95,7 k €
Total assets145,7 k €144,1 k €166,4 k €156,1 k €290,3 k €271,7 k €253,7 k €239,6 k €224,9 k €205,9 k €192,0 k €177,7 k €610,4 k €583,8 k €573,0 k €532,0 k €577,4 k €569,7 k €562,3 k €587,6 k €
Cash40,2 k €38,2 k €59,5 k €50,6 k €14,1 k €16,3 k €13,6 k €13,9 k €15,4 k €10,4 k €6,7 k €3,6 k €16,4 k €53,7 k €41,5 k €24,1 k €45,2 k €37,0 k €22,7 k €23,0 k €
Debts15,3 k €13,7 k €36,0 k €626,2 €150,6 k €2,1 k €1,2 k €4,4 k €2,2 k €3,7 k €2,1 k €575,0 €401,1 k €400,1 k €404,7 k €400,4 k €461,1 k €461,1 k €461,1 k €491,9 k €
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 31/12/2025 · 3 active · 18 ended

Active mandates

MARTHEL

Managing director · since 23 novembre 2023 · 0451.450.569

Represented by Luc Geusens

Active
ROMAPE

Director · since 23 novembre 2023 · 0446.112.304

Represented by Peggy Vleugels

Active
WINGS MANAGEMENT & CONSULTING

Chairman of the board of directors · since 23 novembre 2023 · 0464.226.954

Represented by Mario Vleugels

Active

Ended mandates

MARTHEL

Managing director · since 23 novembre 2023 · 0451.450.569

Represented by Luc GEUSENS

Ended
ROMAPE

Director · since 23 novembre 2023 · 0446.112.304

Represented by Peggy VLEUGELS

Ended
WINGS MANAGEMENT & CONSULTING

Chairman of the board of directors · since 23 novembre 2023 · 0464.226.954

Represented by Mario VLEUGELS

Ended
MARTHEL

Managing director · since 08 avril 2016 · 0451.450.569

Represented by LUC GEUSENS

Ended
At this address

Other companies at this address

CompanyCBE no.
0435.412.709
Devriendt LFActive
0428.959.536
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/07/202626/06/202501/07/202414/07/202329/08/202230/06/2021
General meeting26/06/202612/06/202528/06/202402/06/202303/06/202204/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202526/06/202601/07/2026DutchPDF
Micro model31/12/202412/06/202526/06/2025DutchPDF
Micro model31/12/202328/06/202401/07/2024DutchPDF
Micro model31/12/202202/06/202314/07/2023DutchPDF
Micro model31/12/202103/06/202229/08/2022DutchPDF
Abridged model31/12/202004/06/202130/06/2021DutchPDF
Abridged model31/12/201905/06/202030/06/2020DutchPDF
Abridged model31/12/201807/06/201924/06/2019DutchPDF
Abridged model31/12/201701/06/201829/06/2018DutchPDF
Abridged model31/12/201602/06/201722/06/2017DutchPDF
Abridged model31/12/201508/04/201614/06/2016DutchPDF
Abridged model31/12/201405/06/201529/06/2015DutchPDF
Abridged model31/12/201306/06/201429/06/2014DutchPDF
Abridged model31/12/201207/06/201329/07/2013DutchPDF
Abridged model31/12/201104/06/201228/06/2012DutchPDF
Abridged model31/12/201003/06/201124/06/2011DutchPDF
Abridged model31/12/200901/06/201029/06/2010DutchPDF
Abridged model31/12/200805/06/200923/06/2009DutchPDF
Abridged model31/12/200706/06/200807/08/2008DutchPDF
Abridged model31/12/200601/06/200718/07/2007DutchPDF
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 31/12/2025 · 3 active · 18 ended

Active mandates

MARTHEL

Managing director · since 23 novembre 2023 · 0451.450.569

Represented by Luc Geusens

Active
ROMAPE

Director · since 23 novembre 2023 · 0446.112.304

Represented by Peggy Vleugels

Active
WINGS MANAGEMENT & CONSULTING

Chairman of the board of directors · since 23 novembre 2023 · 0464.226.954

Represented by Mario Vleugels

Active

Ended mandates

MARTHEL

Managing director · since 23 novembre 2023 · 0451.450.569

Represented by Luc GEUSENS

Ended
ROMAPE

Director · since 23 novembre 2023 · 0446.112.304

Represented by Peggy VLEUGELS

Ended
WINGS MANAGEMENT & CONSULTING

Chairman of the board of directors · since 23 novembre 2023 · 0464.226.954

Represented by Mario VLEUGELS

Ended
MARTHEL

Managing director · since 08 avril 2016 · 0451.450.569

Represented by LUC GEUSENS

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates30/11/2023
    ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates13/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/06/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/06/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/08/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/03/2007
    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

Timeline

  1. 2025
    Annual accounts 202513,0 k €
  2. 2024
    Annual accounts 202413,4 k €
  3. 2023
    Annual accounts 202310,9 k €
  4. 2022
    Annual accounts 202215,8 k €
  5. 2021
    Annual accounts 202120,0 k €
  6. 2020
    Annual accounts 202017,2 k €
  7. 2019
    Annual accounts 201917,3 k €
  8. 2018
    Annual accounts 201812,4 k €
  9. 2017
    Annual accounts 201720,5 k €
  10. 2016
    Annual accounts 201612,4 k €
  11. 2015
    Annual accounts 201512,7 k €
  12. 2014
    Annual accounts 20145,8 k €
  13. 2013
    Annual accounts 201311,6 k €
  14. 2012
    Annual accounts 201215,4 k €
  15. 2011
    Annual accounts 201112,7 k €
  16. 2010
    Annual accounts 201015,3 k €
  17. 2009
    Annual accounts 20097,8 k €
  18. 2008
    Annual accounts 20087,3 k €
  19. 2007
    Annual accounts 20075,5 k €
  20. 2006
    Annual accounts 20064,5 k €
  21. 23/09/1988
    IncorporationPublic limited company