ACTIVE

DEVANCO

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Financial year 2025 · closed on 31/12/2025

Net result

-9,2 k €

-313.8% YoY

Gross margin

1,2 k €

-92.9% YoY

Equity

117,8 k €

-7.2% YoY

What does DEVANCO do?

DEVANCO is a Private limited company incorporated in 1989. Its registered office is in Nieuwpoort.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0436.836.530

Incorporation

28/02/1989

Legal form

Private limited company

Registered office

Sint-Laurentiusstraat 7
8620 Nieuwpoort · FlandreSee on map

Contributed capital

50 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

25110Manufacture of metal structures and parts of structures· main 25110Manufacture of metal structures and parts of structures

Joint committees (4)

Signals

Solid equityLow riskGood liquidityPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	1,2 k €	-92.9%	17,0 k €	-59.4%	41,8 k €	+164%	15,9 k €	-74.4%	62,0 k €	+51.2%	41,0 k €	-9.6%	45,4 k €	+59.9%	28,4 k €	+63.3%	17,4 k €	-33.9%	26,3 k €	+322%	6,2 k €	-51.2%	12,8 k €	+24.3%	10,3 k €	-91.9%	126,8 k €	-15.0%	149,2 k €	+4.3%	143,0 k €	+54.3%	92,7 k €	-51.4%	190,7 k €	-35.2%	294,2 k €
EBITDA	231,1 €	-98.6%	16,0 k €	-60.6%	40,7 k €	+169%	15,1 k €	-75.2%	61,0 k €	+53.1%	39,8 k €	-10.1%	44,3 k €	+62.0%	27,3 k €	+65.0%	16,6 k €	-34.2%	25,2 k €	+392%	5,1 k €	-34.2%	7,8 k €	+117%	-44,9 k €	-221%	37,0 k €	-37.6%	59,3 k €	-10.7%	66,4 k €	+223%	20,6 k €	-69.8%	68,2 k €	-49.3%	134,5 k €
Operating result	-8,4 k €	-214%	7,4 k €	-76.9%	32,0 k €	+10212%	-316,9 €	-101%	46,9 k €	+42.1%	33,0 k €	+10.8%	29,8 k €	+134%	12,7 k €	+133%	5,5 k €	-60.7%	13,9 k €	+337%	-5,9 k €	-240%	4,2 k €	+109%	-48,5 k €	-733%	7,7 k €	-74.5%	30,1 k €	+8.5%	27,7 k €	+209%	-25,3 k €	-216%	21,9 k €	-76.4%	92,7 k €
Net result	-9,2 k €	-314%	4,3 k €	-79.8%	21,2 k €	+1004%	-2,4 k €	-108%	30,7 k €	+33.6%	23,0 k €	+13.6%	20,2 k €	+150%	8,1 k €	+159%	3,1 k €	-69.4%	10,2 k €	+258%	-6,5 k €	-251%	4,3 k €	-95.3%	92,0 k €	+1984%	4,4 k €	-78.8%	20,8 k €	+6.2%	19,6 k €	+158%	-33,8 k €	-152%	65,2 k €	-4.6%	68,3 k €
Balance sheet
Equity	117,8 k €	-7.2%	126,9 k €	-35.5%	196,9 k €	-19.8%	245,6 k €	-0.9%	248,0 k €	+14.1%	217,2 k €	+11.8%	194,2 k €	+11.6%	174,0 k €	+4.9%	165,9 k €	+1.9%	162,8 k €	+6.7%	152,5 k €	-4.1%	159,0 k €	-22.3%	204,7 k €	+81.6%	112,7 k €	-63.4%	308,3 k €	+7.3%	287,5 k €	+7.3%	267,8 k €	-11.2%	301,7 k €	-43.8%	536,5 k €
Total assets	128,0 k €	-38.4%	207,7 k €	-1.4%	210,7 k €	-24.3%	278,2 k €	+2.2%	272,2 k €	+8.9%	249,9 k €	+11.2%	224,7 k €	+4.5%	214,9 k €	+14.5%	187,8 k €	-4.1%	195,7 k €	-14.6%	229,1 k €	+8.8%	210,6 k €	-17.6%	255,7 k €	-40.6%	430,5 k €	+0.4%	428,7 k €	+1.2%	423,5 k €	+1.8%	416,0 k €	-37.3%	663,8 k €	+9.4%	606,8 k €
Cash	82,9 k €	-20.6%	104,4 k €	+1.6%	102,7 k €	-12.7%	117,6 k €	-13.9%	136,6 k €	-5.3%	144,3 k €	+14.0%	126,6 k €	+1.6%	124,6 k €	+34.8%	92,4 k €	-5.0%	97,3 k €	-28.6%	136,2 k €	+1.2%	134,6 k €	-30.7%	194,1 k €	+160%	74,7 k €	-8.2%	81,4 k €	+16.2%	70,1 k €	+53.6%	45,6 k €	-75.1%	183,6 k €	-22.9%	238,0 k €
Debts	10,3 k €	-87.3%	80,8 k €	+485%	13,8 k €	-57.7%	32,6 k €	+34.6%	24,2 k €	-25.8%	32,7 k €	+7.4%	30,4 k €	-25.6%	40,9 k €	+87.1%	21,9 k €	-33.6%	32,9 k €	-57.0%	76,6 k €	+48.5%	51,6 k €	+1.1%	51,0 k €	-84.0%	317,7 k €	+164%	120,4 k €	-11.5%	136,0 k €	-8.2%	148,1 k €	-58.8%	359,6 k €	+411%	70,3 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		1,0 ETP	-52.4%	2,1 ETP	-4.5%	2,2 ETP	+4.8%	2,1 ETP	0.0%	2,1 ETP	-41.7%	3,6 ETP	-14.3%	4,2 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 31/12/2025 · 1 active · 5 ended

Active mandates

Rudy Verstraete

bestuurder

Active

Ended mandates

Frank Desaever

Manager

Ended

Franky Desaever

Manager

Ended

Rudy Verstraete

Director

Ended

Rudy Verstraete

Manager

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	01/01/2025	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	04/06/2026	31/03/2025	18/03/2024	25/05/2023	26/04/2022	22/06/2021
General meeting	29/05/2026	04/03/2025	16/03/2024	10/05/2023	05/04/2022	09/06/2021
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
Micro model	31/12/2025	29/05/2026	04/06/2026	Dutch	PDF
Micro model	31/12/2024	04/03/2025	31/03/2025	Dutch	PDF
Micro model	31/12/2023	16/03/2024	18/03/2024	Dutch	PDF
Micro model	31/12/2022	10/05/2023	25/05/2023	Dutch	PDF
Micro model	31/12/2021	05/04/2022	26/04/2022	Dutch	PDF
Micro model	31/12/2020	09/06/2021	22/06/2021	Dutch	PDF
Micro model	31/12/2019	08/06/2020	11/06/2020	Dutch	PDF
Micro model	31/12/2018	30/03/2019	02/04/2019	Dutch	PDF
Micro model	31/12/2017	16/05/2018	24/05/2018	Dutch	PDF
Micro model	31/12/2016	28/06/2017	03/07/2017	Dutch	PDF
Abridged model	31/12/2015	16/06/2016	20/06/2016	Dutch	PDF
Abridged model	31/12/2014	17/03/2015	27/03/2015	Dutch	PDF
Abridged model	31/12/2013	10/05/2014	12/05/2014	Dutch	PDF
Abridged model	31/12/2012	23/04/2013	17/05/2013	Dutch	PDF
Abridged model	31/12/2011	10/04/2012	20/04/2012	Dutch	PDF
Abridged model	31/12/2010	29/06/2011	19/07/2011	Dutch	PDF
Abridged model	31/12/2009	22/06/2010	24/06/2010	Dutch	PDF
Abridged model	31/12/2008	18/05/2009	24/07/2009	Dutch	PDF
Abridged model	31/12/2007	20/06/2008	27/06/2008	Dutch	PDF
Abridged model	31/12/2006	19/03/2007	23/03/2007	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 31/12/2025 · 1 active · 5 ended

Active mandates

Rudy Verstraete

bestuurder

Active

Ended mandates

Frank Desaever

Manager

Ended

Franky Desaever

Manager

Ended

Rudy Verstraete

Director

Ended

Rudy Verstraete

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/01/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/07/2013
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/06/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/09/2008
MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares10/08/2005
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates21/10/2002
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 2025-9,2 k €↓
2024
Annual accounts 20244,3 k €↓
2023
Annual accounts 202321,2 k €↑
2022
Annual accounts 2022-2,4 k €↓
2021
Annual accounts 202130,7 k €↑
2020
Annual accounts 202023,0 k €↑
2019
Annual accounts 201920,2 k €↑
2018
Annual accounts 20188,1 k €↑
2017
Annual accounts 20173,1 k €↓
2016
Annual accounts 201610,2 k €↑
2015
Annual accounts 2015-6,5 k €↓
2014
Annual accounts 20144,3 k €↓
2013
Annual accounts 201392,0 k €↑
2012
Annual accounts 20124,4 k €↓
2011
Annual accounts 201120,8 k €↑
2010
Annual accounts 201019,6 k €↑
2009
Annual accounts 2009-33,8 k €↓
2008
Annual accounts 200865,2 k €↓
2007
Annual accounts 200768,3 k €
28/02/1989
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

DEVANCO

Overview

What does DEVANCO do?

Trend over 19 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