ACTIVE

DEVO ELEC

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Financial year 2025 · closed on 31/12/2025
Net result
1,6 k €
-50.8% YoY
Gross margin
11,3 k €
-2.4% YoY
Equity
114,6 k €
+1.4% YoY

What does DEVO ELEC do?

DEVO ELEC is a Private limited company incorporated in 1992. Its main activity is: Electrical installation. Its registered office is in Herzele.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0448.427.535
Incorporation
19/10/1992
Legal form
Private limited company
Registered office
Steenhuizestraat 37
9550 Herzele · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
43211Electrical installation· main43211Electrical installation45310Wholesale trade of motor vehicle parts and accessories43230Electrical, plumbing and other construction installation activities43291Other construction installation45320Retail trade of motor vehicle parts and accessories
Joint committees (1)
  • 201
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin11,3 k €11,6 k €85,4 €17,6 k €-5,9 k €5,5 k €-17,6 k €119,4 k €61,6 k €26,1 k €22,4 k €4,9 k €27,3 k €29,6 k €15,0 k €22,7 k €35,0 k €18,3 k €21,0 k €26,9 k €
EBITDA9,9 k €10,4 k €-1,2 k €16,5 k €-9,0 k €4,4 k €-18,8 k €117,2 k €59,7 k €24,1 k €21,0 k €3,6 k €26,0 k €28,3 k €11,2 k €21,6 k €33,8 k €17,0 k €11,0 k €13,5 k €
Operating result3,1 k €4,2 k €-8,1 k €10,1 k €-15,2 k €-2,5 k €-26,3 k €109,6 k €56,8 k €21,1 k €8,6 k €-9,5 k €6,8 k €6,8 k €-10,6 k €9,4 k €25,5 k €12,2 k €6,5 k €1,1 k €
Net result1,6 k €3,2 k €-8,4 k €7,7 k €-16,0 k €-2,8 k €-26,5 k €79,7 k €37,9 k €17,6 k €1,8 k €-10,0 k €4,7 k €-66,0 k €-13,8 k €-5,0 k €25,2 k €10,6 k €2,0 k €460,0 €
Balance sheet
Equity114,6 k €113,0 k €109,8 k €118,2 k €110,4 k €126,5 k €129,3 k €155,8 k €76,1 k €38,2 k €20,6 k €18,7 k €28,8 k €24,1 k €90,1 k €103,9 k €108,9 k €83,7 k €73,1 k €71,1 k €
Total assets145,0 k €133,7 k €141,3 k €143,0 k €128,3 k €136,7 k €137,6 k €207,7 k €170,5 k €67,1 k €44,5 k €65,9 k €82,2 k €105,1 k €190,8 k €188,9 k €172,9 k €131,8 k €150,5 k €171,1 k €
Cash87,9 k €51,0 k €49,3 k €70,2 k €67,3 k €65,6 k €58,0 k €107,0 k €92,9 k €27,0 k €––15,1 k €7,5 k €–11,3 k €21,7 k €8,2 k €799,0 €439,0 €
Debts30,5 k €20,8 k €31,5 k €24,9 k €17,9 k €10,2 k €8,3 k €51,9 k €94,4 k €28,9 k €24,0 k €47,2 k €53,5 k €81,0 k €100,7 k €84,9 k €63,9 k €48,1 k €77,4 k €100,0 k €
Other
Workforce––––––––––––––––––0,3 ETP0,5 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 · 3 ended

Active mandates

Johan De Vos

Director

Active

Ended mandates

AIMEE VAN WAEYENBERGE

Associate

Ended
JOHAN DE VOS

Administrator - manager

Ended
Véronique Van Der Rasieren

Associate

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date15/06/202610/06/202509/07/202406/07/202322/06/202205/07/2021
General meeting08/06/202606/06/202507/06/202413/06/202314/06/202208/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202508/06/202615/06/2026DutchPDF
Micro model31/12/202406/06/202510/06/2025DutchPDF
Micro model31/12/202307/06/202409/07/2024DutchPDF
Micro model31/12/202213/06/202306/07/2023DutchPDF
Micro model31/12/202114/06/202222/06/2022DutchPDF
Micro model31/12/202008/06/202105/07/2021DutchPDF
Micro model31/12/201909/06/202007/07/2020DutchPDF
Micro model31/12/201811/06/201911/06/2019DutchPDF
Micro model31/12/201712/06/201820/07/2018DutchPDF
Micro model31/12/201612/06/201703/07/2017DutchPDF
Abridged model31/12/201506/06/201614/06/2016DutchPDF
Abridged model31/12/201413/06/201513/07/2015DutchPDF
Abridged model31/12/201314/06/201414/07/2014DutchPDF
Abridged model31/12/201229/05/201319/08/2013DutchPDF
Abridged model31/12/201124/05/201204/06/2012DutchPDF
Abridged model31/12/201030/06/201130/06/2011DutchPDF
Abridged model31/12/200930/06/201023/08/2010DutchPDF
Abridged model31/12/200830/06/200920/07/2009DutchPDF
Abridged model31/12/200726/06/200826/06/2008DutchPDF
Abridged model31/12/200630/06/200712/07/2007DutchPDF
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 · 1 active · 3 ended

Active mandates

Johan De Vos

Director

Active

Ended mandates

AIMEE VAN WAEYENBERGE

Associate

Ended
JOHAN DE VOS

Administrator - manager

Ended
Véronique Van Der Rasieren

Associate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/06/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office11/03/2015
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    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 20251,6 k €↓
  2. 2024
    Annual accounts 20243,2 k €↑
  3. 2023
    Annual accounts 2023-8,4 k €↓
  4. 2022
    Annual accounts 20227,7 k €↑
  5. 2021
    Annual accounts 2021-16,0 k €↓
  6. 2020
    Annual accounts 2020-2,8 k €↑
  7. 2019
    Annual accounts 2019-26,5 k €↓
  8. 2018
    Annual accounts 201879,7 k €↑
  9. 2017
    Annual accounts 201737,9 k €↑
  10. 2016
    Annual accounts 201617,6 k €↑
  11. 2015
    Annual accounts 20151,8 k €↑
  12. 2014
    Annual accounts 2014-10,0 k €↓
  13. 2013
    Annual accounts 20134,7 k €↑
  14. 2012
    Annual accounts 2012-66,0 k €↓
  15. 2011
    Annual accounts 2011-13,8 k €↓
  16. 2010
    Annual accounts 2010-5,0 k €↓
  17. 2009
    Annual accounts 200925,2 k €↑
  18. 2008
    Annual accounts 200810,6 k €↑
  19. 2007
    Annual accounts 20072,0 k €↑
  20. 2006
    Annual accounts 2006460,0 €
  21. 19/10/1992
    IncorporationPrivate limited company