ACTIVE

DEVOS PLAATBEWERKINGEN

Export PDF

Financial year 2025 · closed on 31/03/2025

Net result

1,4 M €

-41.6% YoY

Revenue

15,7 M €

-4.1% YoY

Equity

12,2 M €

-13.7% YoY

Workforce

57,9 ETP

-5.9% YoY

What does DEVOS PLAATBEWERKINGEN do?

DEVOS PLAATBEWERKINGEN is a Public limited company incorporated in 1991. Its main activity is: Manufacture of weapons and ammunition. Its registered office is in Wingene. It employs on average 57,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0444.869.813

Incorporation

14/08/1991

Legal form

Public limited company

Registered office

Ruddervoordestraat 30
8750 Wingene · FlandreSee on map

Contributed capital

445 619,24 €

Latest accounts

31/03/2025

Average workforce

57,9 ETP

Activities (NACE)

25401Manufacture of weapons and ammunition· main 25402Manufacture of weapons and ammunition 25501Forging, pressing, stamping and roll-forming of metal; powder metallurgy 25502Forging, pressing, stamping and roll-forming of metal; powder metallurgy 28401Manufacture of metal forming machinery and machine tools 28402Manufacture of metal forming machinery and machine tools+3

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ 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
Revenue	15,7 M €	-4.1%	16,4 M €	-11.7%	18,6 M €	-16.6%	22,3 M €	+16.6%	19,1 M €	+6.1%	18 M €	-6.4%	19,2 M €	+12.2%	17,1 M €	+8.9%	15,7 M €	+18.1%	13,3 M €	+3.8%	12,8 M €	-4.5%	13,4 M €	+2.9%	13,1 M €	-6.4%	13,9 M €	-1.8%	14,2 M €	+25.4%	11,3 M €	-10.3%	12,6 M €	+3.3%	12,2 M €	+0.8%	12,1 M €
EBITDA	2,3 M €	-29.5%	3,2 M €	-22.0%	4,1 M €	-12.1%	4,7 M €	+54.0%	3 M €	+43.1%	2,1 M €	+5.3%	2 M €	+15.3%	1,7 M €	+19.9%	1,5 M €	-32.5%	2,2 M €	+67.0%	1,3 M €	-30.7%	1,9 M €	+61.3%	1,2 M €	-32.2%	1,7 M €	-18.0%	2,1 M €	+69.4%	1,2 M €	-27.4%	1,7 M €	+54.6%	1,1 M €	-10.3%	1,2 M €
Operating result	1,5 M €	-42.3%	2,7 M €	-37.1%	4,3 M €	+2.1%	4,2 M €	+59.4%	2,6 M €	+65.6%	1,6 M €	+15.8%	1,4 M €	+45.5%	935,5 k €	+29.6%	721,8 k €	-45.6%	1,3 M €	+201%	440,6 k €	-59.0%	1,1 M €	+257%	301,7 k €	-62.4%	803 k €	-43.9%	1,4 M €	+162%	545,3 k €	-55.4%	1,2 M €	+85.5%	659,3 k €	-0.8%	664,3 k €
Net result	1,4 M €	-41.6%	2,3 M €	-33.0%	3,5 M €	+4.4%	3,3 M €	+51.9%	2,2 M €	+70.6%	1,3 M €	+31.3%	982,4 k €	+50.7%	651,9 k €	+19.4%	545,8 k €	-39.3%	899,5 k €	+169%	334,2 k €	-53.8%	723,6 k €	+228%	220,5 k €	-57.4%	517,6 k €	-42.3%	897,2 k €	+170%	332,2 k €	-56.3%	760,9 k €	+89.7%	401,2 k €	-11.1%	451,2 k €
Balance sheet
Equity	12,2 M €	-13.7%	14,2 M €	+14.2%	12,4 M €	-3.2%	12,8 M €	+11.7%	11,5 M €	-0.9%	11,6 M €	+12.6%	10,3 M €	+10.6%	9,3 M €	+7.5%	8,6 M €	+6.7%	8,1 M €	+12.5%	7,2 M €	+4.9%	6,9 M €	+11.8%	6,1 M €	+3.7%	5,9 M €	+9.6%	5,4 M €	+19.9%	4,5 M €	+8.0%	4,2 M €	+22.3%	3,4 M €	+13.3%	3 M €
Total assets	14,1 M €	-9.9%	15,7 M €	-8.7%	17,2 M €	+1.0%	17 M €	+32.5%	12,8 M €	-2.6%	13,2 M €	+7.8%	12,2 M €	+7.6%	11,4 M €	+2.2%	11,1 M €	+5.7%	10,5 M €	-0.4%	10,6 M €	+4.3%	10,1 M €	-2.9%	10,4 M €	+6.5%	9,8 M €	+7.4%	9,1 M €	+8.8%	8,4 M €	+3.3%	8,1 M €	+10.0%	7,4 M €	+10.5%	6,7 M €
Cash	3,2 M €	+28.7%	2,5 M €	-9.4%	2,7 M €	+1.7%	2,7 M €	+36.7%	1,9 M €	+8.0%	1,8 M €	-22.0%	2,3 M €	+96.3%	1,2 M €	+24.1%	948,5 k €	-33.4%	1,4 M €	+32.2%	1,1 M €	+71.9%	626,3 k €	+115%	291,4 k €	-39.0%	478 k €	-57.1%	1,1 M €	+373%	235,6 k €	-71.4%	824,2 k €	+173%	301,5 k €	-36.1%	471,5 k €
Debts	1,8 M €	+37.5%	1,3 M €	-71.6%	4,7 M €	+26.5%	3,7 M €	+269%	1 M €	-12.4%	1,2 M €	-21.6%	1,5 M €	-11.9%	1,7 M €	-27.1%	2,3 M €	+5.3%	2,2 M €	-32.9%	3,2 M €	+0.0%	3,2 M €	-24.2%	4,3 M €	+10.9%	3,8 M €	+3.5%	3,7 M €	-4.2%	3,9 M €	-0.8%	3,9 M €	-1.6%	4 M €	+8.2%	3,7 M €
Other
Workforce	57,9 ETP	-5.9%	61,5 ETP	-6.1%	65,5 ETP	-1.4%	66,4 ETP	+4.4%	63,6 ETP	-1.9%	64,8 ETP	+4.0%	62,3 ETP	+0.8%	61,8 ETP	+15.1%	53,7 ETP	+5.9%	50,7 ETP	-0.8%	51,1 ETP	+0.2%	51,0 ETP	-20.8%	64,4 ETP	+7.5%	59,9 ETP	+8.3%	55,3 ETP	+4.5%	52,9 ETP	+1.0%	52,4 ETP	+3.1%	50,8 ETP	+8.5%	46,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 5 active · 9 ended

Active mandates

ISL

Managing director · since 01 octobre 2024 · until 28 septembre 2030 · 1008.743.085

Represented by Isabelle Devos

Active

Tromiluss

Managing director · since 01 octobre 2024 · until 28 septembre 2030 · 1008.761.101

Represented by Lieven Devos

Active

Isabelle Devos

Director · since 10 février 2021 · until 01 octobre 2024

Active

Lieven Devos

Director · since 10 février 2021 · until 01 octobre 2024

Active

PANNAERSHOEK

Managing director · since 10 février 2021 · until 28 septembre 2030 · 0508.928.118

Represented by Gabriël Devos

Active

Ended mandates

Isabelle Devos

Director · since 10 février 2021 · until 10 février 2027

Ended

Lieven Devos

Director · since 10 février 2021 · until 10 février 2027

Ended

PANNAERSHOEK

Managing director · since 10 février 2021 · until 10 février 2027 · 0508.928.118

Represented by Devos GABRIËL

Ended

PANNAERSHOEK

Director · since 01 janvier 2013 · 0508.928.118

Represented by Gabriël Devos

Ended

At this address

Other companies at this address

Company	CBE no.
DEVOS AGRI● Active	0471.418.317
DEVOS INDUSTRIE● Active	0533.870.380
Groep Devos● Active	0537.387.621
LIEVEN DEVOS● Active	0533.869.093
PANNAERSHOEK● Active	0508.928.118

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/10/2025	21/10/2024	12/10/2023	23/01/2023	26/11/2021	18/11/2020
General meeting	27/09/2025	28/09/2024	30/09/2023	13/01/2023	26/11/2021	09/11/2020
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/03/2025	27/09/2025	08/10/2025	Dutch	PDF
Full model	31/03/2024	28/09/2024	21/10/2024	Dutch	PDF
Full model	31/03/2023	30/09/2023	12/10/2023	Dutch	PDF
Full model	31/03/2022	13/01/2023	23/01/2023	Dutch	PDF
Full model	31/03/2021	26/11/2021	26/11/2021	Dutch	PDF
Full model	31/03/2020	09/11/2020	18/11/2020	Dutch	PDF
Full model	31/03/2019	28/09/2019	22/11/2019	Dutch	PDF
Full model	31/03/2018	09/11/2018	27/11/2018	Dutch	PDF
Full model	31/03/2017	30/11/2017	21/12/2017	Dutch	PDF
Full model	31/03/2016	31/10/2016	31/10/2016	Dutch	PDF
Full model	31/03/2015	28/09/2015	16/11/2015	Dutch	PDF
Full model	31/03/2014	30/10/2014	28/11/2014	Dutch	PDF
Full model	31/03/2013	29/11/2013	29/11/2013	Dutch	PDF
Full model	31/03/2012	29/11/2012	30/11/2012	Dutch	PDF
Full model	31/03/2011	18/11/2011	18/11/2011	Dutch	PDF
Full model	31/03/2010	29/11/2010	30/11/2010	Dutch	PDF
Full model	31/03/2009	27/11/2009	27/11/2009	Dutch	PDF
Full model	31/03/2008	28/09/2008	25/11/2008	Dutch	PDF
Full model	31/03/2007	28/11/2007	28/11/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/03/2025 · 5 active · 9 ended

Active mandates

ISL

Managing director · since 01 octobre 2024 · until 28 septembre 2030 · 1008.743.085

Represented by Isabelle Devos

Active

Tromiluss

Managing director · since 01 octobre 2024 · until 28 septembre 2030 · 1008.761.101

Represented by Lieven Devos

Active

Isabelle Devos

Director · since 10 février 2021 · until 01 octobre 2024

Active

Lieven Devos

Director · since 10 février 2021 · until 01 octobre 2024

Active

PANNAERSHOEK

Managing director · since 10 février 2021 · until 28 septembre 2030 · 0508.928.118

Represented by Gabriël Devos

Active

Ended mandates

Isabelle Devos

Director · since 10 février 2021 · until 10 février 2027

Ended

Lieven Devos

Director · since 10 février 2021 · until 10 février 2027

Ended

PANNAERSHOEK

Managing director · since 10 février 2021 · until 10 février 2027 · 0508.928.118

Represented by Devos GABRIËL

Ended

PANNAERSHOEK

Director · since 01 janvier 2013 · 0508.928.118

Represented by Gabriël Devos

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring17/04/2025
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring24/02/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates05/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/01/2022
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring19/04/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring01/03/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
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 20251,4 M €↓
2024
Annual accounts 20242,3 M €↓
2023
Annual accounts 20233,5 M €↑
2022
Annual accounts 20223,3 M €↑
2021
Annual accounts 20212,2 M €↑
2020
Annual accounts 20201,3 M €↑
2019
Annual accounts 2019982,4 k €↑
2018
Annual accounts 2018651,9 k €↑
2017
Annual accounts 2017545,8 k €↓
2016
Annual accounts 2016899,5 k €↑
2015
Annual accounts 2015334,2 k €↓
2014
Annual accounts 2014723,6 k €↑
2013
Annual accounts 2013220,5 k €↓
2012
Annual accounts 2012517,6 k €↓
2011
Annual accounts 2011897,2 k €↑
2010
Annual accounts 2010332,2 k €↓
2009
Annual accounts 2009760,9 k €↑
2008
Annual accounts 2008401,2 k €↓
2007
Annual accounts 2007451,2 k €
14/08/1991
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

DEVOS PLAATBEWERKINGEN

Overview

What does DEVOS PLAATBEWERKINGEN 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