ACTIVE

DEVOCO

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

520,4 k €

+7.9% YoY

Gross margin

792,4 k €

+7.5% YoY

Equity

962,8 k €

+2.2% YoY

What does DEVOCO do?

DEVOCO is a Public limited company incorporated in 1997. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Sint-Niklaas.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0462.131.853

Incorporation

17/12/1997

Legal form

Public limited company

Registered office

Gentse Baan 62 box 201
9100 Sint-Niklaas · FlandreSee on map

Contributed capital

506 742,52 €

Latest accounts

31/12/2025

Activities (NACE)

68203Rental and operating of own or leased real estate· main 68203Rental and operating of own or leased real estate 35140Trade of electricity 35150Electric power generation, transmission and distribution

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

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 16 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2010		2009		2008
Income statement
Gross margin	792,4 k €	+7.5%	737,2 k €	+7.8%	683,6 k €	+0.4%	680,6 k €	+4.3%	652,3 k €	+8.8%	599,3 k €		–		–		–		–		111,2 k €	+57.9%	70,5 k €	+0.7%	70,0 k €	+41.9%	49,3 k €	-22.3%	63,5 k €	-24.2%	83,8 k €
EBITDA	719,4 k €	+8.0%	666,4 k €	+8.3%	615,5 k €	-0.4%	618,2 k €	+4.5%	591,4 k €	+12.4%	526,0 k €	-8.5%	575,2 k €	-27.8%	797,2 k €	-33.4%	1,2 M €	+138%	503,2 k €	+357%	110,2 k €	+57.6%	69,9 k €	+1.6%	68,8 k €	+42.5%	48,3 k €	-22.6%	62,4 k €	-24.6%	82,7 k €
Operating result	686,5 k €	+8.4%	633,4 k €	+9.4%	578,8 k €	-4.2%	604,3 k €	+4.2%	579,6 k €	+12.8%	513,8 k €	-8.2%	559,5 k €	-28.4%	781,2 k €	-33.3%	1,2 M €	+141%	485,5 k €	+341%	110,2 k €	+57.6%	69,9 k €	+1.6%	68,8 k €	+42.5%	48,3 k €	-22.6%	62,4 k €	+72.5%	36,1 k €
Net result	520,4 k €	+7.9%	482,4 k €	+12.4%	429,0 k €	-18.6%	527,3 k €	+3.5%	509,3 k €	+7.9%	472,2 k €	+9.5%	431,2 k €	-23.8%	565,9 k €	-27.9%	784,6 k €	+114%	366,9 k €	+263%	101,1 k €	+35.3%	74,7 k €	-6.2%	79,7 k €	+28.9%	61,8 k €	-0.8%	62,3 k €	-50.1%	124,7 k €
Balance sheet
Equity	962,8 k €	+2.2%	942,4 k €	+3.6%	910,0 k €	-29.0%	1,3 M €	-76.7%	5,5 M €	+22.8%	4,5 M €	+11.8%	4,0 M €	+12.1%	3,6 M €	+18.8%	3,0 M €	+35.2%	2,2 M €	+47.0%	1,5 M €	+7.2%	1,4 M €	+5.6%	1,3 M €	+11.4%	1,2 M €	+5.4%	1,1 M €	+5.8%	1,1 M €
Total assets	1,5 M €	+6.4%	1,4 M €	+1.2%	1,4 M €	-77.4%	6,2 M €	+12.2%	5,5 M €	-3.2%	5,7 M €	+4.6%	5,4 M €	+8.7%	5,0 M €	+9.9%	4,6 M €	+30.8%	3,5 M €	+128%	1,5 M €	+7.3%	1,4 M €	+3.7%	1,4 M €	+13.9%	1,2 M €	+5.4%	1,1 M €	+5.8%	1,1 M €
Cash	23,9 k €	+36.5%	17,5 k €	+247%	5,0 k €	-99.4%	793,6 k €	-45.8%	1,5 M €	+154%	577,4 k €	-51.8%	1,2 M €	-35.1%	1,8 M €	-45.5%	3,4 M €	+619%	471,6 k €	+9222%	5,1 k €	-6.0%	5,4 k €	-2.0%	5,5 k €	-32.0%	8,1 k €	+13.7%	7,1 k €	-95.9%	174,7 k €
Debts	540,9 k €	+14.6%	472,0 k €	+12.9%	418,0 k €	-91.5%	4,9 M €	+192026%	2,5 k €	-99.4%	407,0 k €	-35.5%	631,1 k €	+0.7%	626,7 k €	-15.5%	741,3 k €	+63.4%	453,6 k €	+4684%	9,5 k €	+70.5%	5,6 k €		–		718,6 €		–		634,8 €

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 20 ended

Active mandates

Christine De Saegher

Director · since 04 décembre 2020 · until 06 juin 2026

Active

Jeanine Jacobs

Director · since 04 décembre 2020 · until 06 juin 2026

Active

Katrien Van Kasteren

Director · since 04 décembre 2020 · until 06 juin 2026

Active

Ended mandates

Christine De Saegher

Director · since 04 décembre 2020

Ended

J. - INVEST

Director · since 04 décembre 2020 · 0478.561.970

Represented by De SAEGHER HERMAN

Ended

J. - INVEST

Managing director · since 04 décembre 2020 · until 28 décembre 2022 · 0478.561.970

Represented by Herman De Saegher

Ended

J. - INVEST

Director · since 04 décembre 2020 · until 06 juin 2026 · 0478.561.970

Represented by De Saegher Herman

Ended

At this address

Other companies at this address

Company	CBE no.
CANARY● Active	0726.983.524
Jacobs● Active	0466.375.802

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	27/07/2026	23/07/2025	06/06/2024	27/07/2023	18/07/2022	28/07/2021
General meeting	20/07/2026	22/07/2025	23/05/2024	10/07/2023	30/06/2022	30/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	20/07/2026	27/07/2026	Dutch	PDF
Abridged model	31/12/2024	22/07/2025	23/07/2025	Dutch	PDF
Abridged model	31/12/2023	23/05/2024	06/06/2024	Dutch	PDF
Abridged model	31/12/2022	10/07/2023	27/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	18/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	28/07/2021	Dutch	PDF
Abridged model	31/12/2019	06/06/2020	31/07/2020	Dutch	PDF
Full model	31/12/2018	24/06/2019	29/08/2019	Dutch	PDF
Full model	31/12/2017	02/06/2018	18/06/2018	Dutch	PDF
Full model	31/12/2016	03/06/2017	19/06/2017	Dutch	PDF
Full model	30/06/2015	05/12/2015	07/12/2015	Dutch	PDF
Abridged model	30/06/2014	06/12/2014	08/12/2014	Dutch	PDF
Abridged model	30/06/2013	07/12/2013	09/12/2013	Dutch	PDF
Abridged model	30/06/2012	01/12/2012	03/12/2012	Dutch	PDF
Abridged model	30/06/2010	04/12/2010	06/12/2010	Dutch	PDF
Abridged model	30/06/2009	05/12/2009	09/12/2009	Dutch	PDF
Abridged model	30/06/2008	06/12/2008	15/12/2008	Dutch	PDF
Abridged model	30/06/2007	01/12/2007	06/12/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 31/12/2024 · 3 active · 20 ended

Active mandates

Christine De Saegher

Director · since 04 décembre 2020 · until 06 juin 2026

Active

Jeanine Jacobs

Director · since 04 décembre 2020 · until 06 juin 2026

Active

Katrien Van Kasteren

Director · since 04 décembre 2020 · until 06 juin 2026

Active

Ended mandates

Christine De Saegher

Director · since 04 décembre 2020

Ended

J. - INVEST

Director · since 04 décembre 2020 · 0478.561.970

Represented by De SAEGHER HERMAN

Ended

J. - INVEST

Managing director · since 04 décembre 2020 · until 28 décembre 2022 · 0478.561.970

Represented by Herman De Saegher

Ended

J. - INVEST

Director · since 04 décembre 2020 · until 06 juin 2026 · 0478.561.970

Represented by De Saegher Herman

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/02/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/03/2023
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/02/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/02/2016
ONTSLAGEN - BENOEMINGEN
PDF
Other04/01/2016
BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates27/01/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/01/2015
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 2025520,4 k €↑
2024
Annual accounts 2024482,4 k €↑
2023
Annual accounts 2023429,0 k €↓
2022
Annual accounts 2022527,3 k €↑
2021
Annual accounts 2021509,3 k €↑
2019
Annual accounts 2019472,2 k €↑
2018
Annual accounts 2018431,2 k €↓
2017
Annual accounts 2017565,9 k €↓
2016
Annual accounts 2016784,6 k €↑
2015
Annual accounts 2015366,9 k €↑
2014
Annual accounts 2014101,1 k €↑
2013
Annual accounts 201374,7 k €↓
2012
Annual accounts 201279,7 k €↑
2010
Annual accounts 201061,8 k €↓
2009
Annual accounts 200962,3 k €↓
2008
Annual accounts 2008124,7 k €
17/12/1997
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

DEVOCO

Overview

What does DEVOCO do?

Trend over 16 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