ACTIVE

DEVELTERE

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Financial year 2025 · closed on 31/12/2025

Net result

195,5 k €

-16.6% YoY

Gross margin

708,4 k €

+3.9% YoY

Equity

1,3 M €

+2.8% YoY

Workforce

3,0 ETP

0.0% YoY

What does DEVELTERE do?

DEVELTERE is a Private limited company incorporated in 1994. Its main activity is: Wholesale of wood, construction materials and sanitary equipment. Its registered office is in Moorslede. It employs on average 3,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0453.977.321

Incorporation

16/12/1994

Legal form

Private limited company

Registered office

Ledegemstraat 77-79
8890 Moorslede · FlandreSee on map

Contributed capital

60 000,00 €

Latest accounts

31/12/2025

Average workforce

3,0 ETP

Activities (NACE)

46731Wholesale of wood, construction materials and sanitary equipment· main 46831Wholesale trade, except of motor vehicles and motorcycles 51532Air transport 49410Freight transport by road 49410Freight transport by road 60242Television programming and broadcasting activities

Joint committees (4)

100
10602
124
200

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

	2025		2024		2023		2022		2021		2020		2019		2018		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	708,4 k €	+3.9%	681,6 k €	-15.2%	803,6 k €	-3.1%	829,1 k €	+60.3%	517,2 k €	+31.8%	392,3 k €	-51.4%	807,8 k €	+34.6%	600 k €	-13.9%	697,1 k €	+35.9%	513,1 k €	+0.1%	512,7 k €	-9.1%	563,7 k €	+7.0%	526,8 k €	-4.0%	548,5 k €	+25.2%	438,1 k €	-26.0%	592,2 k €	+13.0%	523,9 k €	+37.7%	380,4 k €	+2.4%	371,6 k €
EBITDA	417,5 k €	-1.1%	422,3 k €	-24.1%	556,2 k €	+5.3%	528,3 k €	+131%	229 k €	+27.5%	179,6 k €	-71.7%	634,4 k €	+42.5%	445,3 k €	-18.4%	545,6 k €	+48.1%	368,3 k €	+2.7%	358,7 k €	-8.0%	389,8 k €	+6.5%	366 k €	-10.4%	408,6 k €	+39.7%	292,4 k €	-37.7%	469,5 k €	+9.3%	429,6 k €	+44.7%	296,8 k €	+3.8%	286 k €
Operating result	291,3 k €	-1.2%	294,9 k €	-31.0%	427,7 k €	+2.6%	417 k €	+266%	114 k €	+87.1%	60,9 k €	-85.6%	423,8 k €	+59.9%	265 k €	-15.2%	312,4 k €	+29.2%	241,8 k €	+32.4%	182,7 k €	-26.2%	247,6 k €	+24.3%	199,2 k €	-6.0%	212,1 k €	+20.8%	175,6 k €	-44.0%	313,7 k €	+3.3%	303,6 k €	+130%	132,3 k €	+1.2%	130,7 k €
Net result	195,5 k €	-16.6%	234,3 k €	-23.5%	306,3 k €	-9.0%	336,5 k €	+946%	32,2 k €	-43.0%	56,4 k €	-88.1%	472,4 k €	+104%	231,1 k €	+19.4%	193,5 k €	-36.7%	305,6 k €	+218%	96,3 k €	-49.2%	189,4 k €	+14.0%	166,1 k €	-14.9%	195,1 k €	+38.6%	140,7 k €	-38.5%	228,8 k €	+7.7%	212,5 k €	+117%	97,9 k €	-42.8%	171,4 k €
Balance sheet
Equity	1,3 M €	+2.8%	1,3 M €	+6.2%	1,2 M €	+13.9%	1,1 M €	+5.7%	997,2 k €	-18.3%	1,2 M €	-30.6%	1,8 M €	-40.7%	3 M €	+18.4%	2,5 M €	+12.8%	2,2 M €	+16.0%	1,9 M €	+5.3%	1,8 M €	+3.0%	1,8 M €	+10.4%	1,6 M €	+13.9%	1,4 M €	+11.1%	1,3 M €	+22.1%	1 M €	+25.9%	821,2 k €	+13.5%	723,2 k €
Total assets	2,3 M €	+4.7%	2,2 M €	-6.3%	2,4 M €	-10.9%	2,7 M €	+18.3%	2,3 M €	-16.6%	2,7 M €	-9.7%	3 M €	-20.0%	3,8 M €	+14.9%	3,3 M €	+15.7%	2,8 M €	+6.8%	2,6 M €	+3.9%	2,6 M €	-2.8%	2,6 M €	+25.9%	2,1 M €	+8.7%	1,9 M €	+3.1%	1,9 M €	+11.9%	1,7 M €	+7.8%	1,5 M €	+9.7%	1,4 M €
Cash	188,5 k €	-16.7%	226,3 k €	-22.5%	292,1 k €	-13.4%	337,2 k €	-10.2%	375,5 k €	-58.5%	904,6 k €	+25.9%	718,6 k €	-39.5%	1,2 M €	+44.5%	822,7 k €	+72.6%	476,6 k €	-16.1%	568 k €	+67.3%	339,5 k €	-29.8%	483,6 k €	+45.3%	332,9 k €	-40.6%	560,4 k €	+4.2%	537,6 k €	+44.8%	371,4 k €	+71.6%	216,4 k €	+7.2%	201,9 k €
Debts	1 M €	+7.3%	963 k €	-18.9%	1,2 M €	-26.8%	1,6 M €	+27.7%	1,3 M €	-15.3%	1,5 M €	+19.7%	1,3 M €	+60.5%	780 k €	+5.0%	742,7 k €	+28.7%	577,2 k €	-19.0%	712,5 k €	-1.0%	719,5 k €	-15.7%	853,1 k €	+76.3%	483,8 k €	-5.3%	511 k €	-13.9%	593,7 k €	-4.9%	624,1 k €	-12.9%	716,7 k €	+5.9%	676,6 k €
Other
Workforce	3,0 ETP	0.0%	3,0 ETP	-9.1%	3,3 ETP	-19.5%	4,1 ETP	-4.7%	4,3 ETP	0.0%	4,3 ETP	+72.0%	2,5 ETP	0.0%	2,5 ETP		–		2,5 ETP	0.0%	2,5 ETP	+4.2%	2,4 ETP	0.0%	2,4 ETP	-11.1%	2,7 ETP	+8.0%	2,5 ETP	+31.6%	1,9 ETP	+5.6%	1,8 ETP	+12.5%	1,6 ETP	0.0%	1,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

DECAVO

Director · since 02 avril 2020 · 0744.404.922

Represented by Niels Decapmaker

Active

STENIEMA

Director · since 02 avril 2020 · 0745.588.817

Represented by Lieven Maes

Active

Ended mandates

DECAVO

Administrator - manager · since 02 avril 2020 · 0744.404.922

Represented by Niels Decapmaker

Ended

STENIEMA

Administrator - manager · since 02 avril 2020 · 0745.588.817

Represented by Lieven Maes

Ended

Stefanie Hemeryck

Administrator - manager · since 09 juin 2001 · until 02 avril 2020

Ended

Stefanie Hemeryck

Administrator - manager · since 09 juin 2001

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	28/08/2026	30/06/2025	24/06/2024	29/06/2023	03/07/2022	24/07/2021
General meeting	13/06/2026	14/06/2025	08/06/2024	10/06/2023	11/06/2022	12/06/2021
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
Abridged model	31/12/2025	13/06/2026	28/08/2026	Dutch	PDF
Abridged model	31/12/2024	14/06/2025	30/06/2025	Dutch	PDF
Abridged model	31/12/2023	08/06/2024	24/06/2024	Dutch	PDF
Abridged model	31/12/2022	10/06/2023	29/06/2023	Dutch	PDF
Abridged model	31/12/2021	11/06/2022	03/07/2022	Dutch	PDF
Abridged model	31/12/2020	12/06/2021	24/07/2021	Dutch	PDF
Abridged model	31/12/2019	08/02/2020	23/07/2020	Dutch	PDF
Abridged model	31/12/2018	08/06/2019	20/07/2019	Dutch	PDF
Abridged model	31/12/2017	09/06/2018	07/07/2018	Dutch	PDF
Micro model	31/12/2016	10/06/2017	30/06/2017	Dutch	PDF
Abridged model	31/12/2015	11/06/2016	19/07/2016	Dutch	PDF
Abridged model	31/12/2014	13/06/2015	10/07/2015	Dutch	PDF
Abridged model	31/12/2013	14/06/2014	04/07/2014	Dutch	PDF
Abridged model	31/12/2012	08/06/2013	24/07/2013	Dutch	PDF
Abridged model	31/12/2011	09/06/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	11/06/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	12/06/2010	26/08/2010	Dutch	PDF
Abridged model	31/12/2008	13/06/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	14/06/2008	10/09/2008	Dutch	PDF
Abridged model	31/12/2006	09/06/2007	30/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 2 active · 8 ended

Active mandates

DECAVO

Director · since 02 avril 2020 · 0744.404.922

Represented by Niels Decapmaker

Active

STENIEMA

Director · since 02 avril 2020 · 0745.588.817

Represented by Lieven Maes

Active

Ended mandates

DECAVO

Administrator - manager · since 02 avril 2020 · 0744.404.922

Represented by Niels Decapmaker

Ended

STENIEMA

Administrator - manager · since 02 avril 2020 · 0745.588.817

Represented by Lieven Maes

Ended

Stefanie Hemeryck

Administrator - manager · since 09 juin 2001 · until 02 avril 2020

Ended

Stefanie Hemeryck

Administrator - manager · since 09 juin 2001

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/04/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/11/2019
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares10/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other24/03/2006
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025195,5 k €↓
2024
Annual accounts 2024234,3 k €↓
2023
Annual accounts 2023306,3 k €↓
2022
Annual accounts 2022336,5 k €↑
2021
Annual accounts 202132,2 k €↓
2020
Annual accounts 202056,4 k €↓
2019
Annual accounts 2019472,4 k €↑
2018
Annual accounts 2018231,1 k €↑
2016
Annual accounts 2016193,5 k €↓
2015
Annual accounts 2015305,6 k €↑
2014
Annual accounts 201496,3 k €↓
2013
Annual accounts 2013189,4 k €↑
2012
Annual accounts 2012166,1 k €↓
2011
Annual accounts 2011195,1 k €↑
2010
Annual accounts 2010140,7 k €↓
2009
Annual accounts 2009228,8 k €↑
2008
Annual accounts 2008212,5 k €↑
2007
Annual accounts 200797,9 k €↓
2006
Annual accounts 2006171,4 k €
16/12/1994
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

DEVELTERE

Overview

What does DEVELTERE 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