ACTIVE

DEVIRCO

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Financial year 2025 · closed on 30/06/2025

Net result

6,7 k €

-96.0% YoY

Gross margin

388,6 k €

-37.7% YoY

Equity

1,0 M €

+0.6% YoY

Workforce

0,0 ETP

What does DEVIRCO do?

DEVIRCO is a Private limited company incorporated in 1998. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Torhout.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0464.644.450

Incorporation

23/11/1998

Legal form

Private limited company

Registered office

Doornstraat 29
8820 Torhout · FlandreSee on map

Contributed capital

205 185,19 €

Latest accounts

30/06/2025

Average workforce

0,0 ETP

Activities (NACE)

71121Engineering activities and related technical consultancy· main 71121Engineering activities and related technical consultancy 74203Photographic activities

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

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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	388,6 k €	-37.7%	624,3 k €	-10.1%	694,4 k €	+48.2%	468,5 k €	+9.7%	427,2 k €	+0.8%	423,9 k €	+12.7%	376,0 k €	+225%	115,8 k €	+25.9%	91,9 k €	+14.0%	80,6 k €	-64.5%	227,0 k €	+85.2%	122,5 k €	+23.2%	99,5 k €	+73.7%	57,3 k €	-35.9%	89,3 k €	-20.3%	112,0 k €	-16.5%	134,1 k €	+56.2%	85,9 k €	-16.0%	102,2 k €
EBITDA	367,0 k €	-38.8%	599,6 k €	-11.3%	675,9 k €	+49.5%	452,2 k €	+9.8%	412,0 k €	-0.3%	413,2 k €	+16.1%	355,8 k €	+226%	109,2 k €	+29.5%	84,3 k €	+12.6%	74,9 k €	-66.5%	223,6 k €	+87.3%	119,3 k €	+24.2%	96,1 k €	+70.7%	56,3 k €	-29.4%	79,7 k €	-22.3%	102,6 k €	-19.2%	126,9 k €	+63.7%	77,5 k €	-4.9%	81,6 k €
Operating result	129,8 k €	-64.1%	361,2 k €	-5.2%	381,2 k €	+99.6%	190,9 k €	+17.8%	162,1 k €	+6.7%	152,0 k €	+131%	65,8 k €	+38.5%	47,5 k €	+619%	-9,2 k €	-205%	8,7 k €	-94.4%	155,9 k €	+328%	36,4 k €	-11.8%	41,3 k €	+135%	17,6 k €	-33.0%	26,2 k €	-57.4%	61,6 k €	-32.3%	90,9 k €	+67.9%	54,2 k €	-9.5%	59,8 k €
Net result	6,7 k €	-96.0%	166,0 k €	-18.0%	202,4 k €	+408%	39,9 k €	+53.2%	26,0 k €	+84.6%	14,1 k €	+121%	-67,8 k €	-517%	16,3 k €	+412%	-5,2 k €	-326%	2,3 k €	-97.6%	94,1 k €	+182%	33,3 k €	-25.4%	44,7 k €	+363%	9,6 k €	+23.4%	7,8 k €	-76.0%	32,6 k €	-38.0%	52,6 k €	+87.9%	28,0 k €	-23.2%	36,5 k €
Balance sheet
Equity	1,0 M €	+0.6%	1,0 M €	+19.3%	855,8 k €	+30.8%	654,1 k €	+6.4%	615,0 k €	+4.3%	589,8 k €	+2.3%	576,6 k €	-9.2%	635,2 k €	+2.6%	618,9 k €	+45.5%	425,4 k €	+0.5%	423,1 k €	+28.6%	329,0 k €	+4.2%	315,7 k €	+16.1%	271,9 k €	+3.7%	262,2 k €	+3.1%	254,4 k €	+14.7%	221,8 k €	+31.1%	169,2 k €	+19.8%	141,3 k €
Total assets	2,3 M €	-2.5%	2,4 M €	+8.1%	2,2 M €	-5.0%	2,3 M €	+1.0%	2,3 M €	-8.9%	2,5 M €	-6.5%	2,7 M €	+113%	1,3 M €	-0.9%	1,3 M €	+64.5%	783,6 k €	-13.9%	910,4 k €	+8.7%	837,9 k €	+39.6%	600,4 k €	+2.7%	584,8 k €	-8.5%	639,5 k €	+6.3%	601,5 k €	-1.4%	609,8 k €	+32.9%	458,7 k €	+15.0%	398,9 k €
Cash	254,8 k €	+83.9%	138,5 k €	+384%	28,6 k €	+30.0%	22,0 k €	-76.1%	92,3 k €	+60.0%	57,7 k €	-39.4%	95,2 k €	-3.8%	98,9 k €	+107%	47,7 k €	-39.1%	78,3 k €	+7.6%	72,7 k €	-55.0%	161,4 k €	-20.2%	202,2 k €	+204%	66,5 k €	-30.5%	95,6 k €	-6.4%	102,1 k €	-2.8%	105,1 k €	+63.6%	64,2 k €	+60.6%	40,0 k €
Debts	1,2 M €	-6.7%	1,3 M €	+0.1%	1,3 M €	-15.6%	1,6 M €	-0.8%	1,6 M €	-13.4%	1,8 M €	-8.7%	2,0 M €	+254%	568,1 k €	-4.7%	595,9 k €	+140%	248,8 k €	-40.0%	414,6 k €	-5.4%	438,2 k €	+105%	214,0 k €	-10.9%	240,2 k €	-20.4%	302,0 k €	+9.7%	275,3 k €	-16.3%	328,9 k €	+39.3%	236,1 k €	+12.6%	209,7 k €
Other
Workforce	0,0 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 30/06/2024 · 2 active · 4 ended

Active mandates

Pascale HOCQUETTE

Director · since 01 janvier 2016

Active

Geert DEVOLDER

Director

Active

Ended mandates

Pascale Hocquette

Manager · since 01 janvier 2016

Ended

GEERT DEVOLDER

Manager

Ended

Pascale Hocquette

Director

Ended

PASCALE HOCQUETTE

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
GROUP D. ENGINEERING● Active	0846.236.215

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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/01/2026	04/02/2025	29/01/2024	30/01/2023	01/02/2022	01/02/2021
General meeting	26/11/2025	27/11/2024	29/11/2023	30/11/2022	24/11/2021	25/11/2020
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	26/11/2025	29/01/2026	Dutch	PDF
Abridged model	30/06/2024	27/11/2024	04/02/2025	Dutch	PDF
Abridged model	30/06/2023	29/11/2023	29/01/2024	Dutch	PDF
Abridged model	30/06/2022	30/11/2022	30/01/2023	Dutch	PDF
Abridged model	30/06/2021	24/11/2021	01/02/2022	Dutch	PDF
Abridged model	30/06/2020	25/11/2020	01/02/2021	Dutch	PDF
Abridged model	30/06/2019	18/12/2019	30/01/2020	Dutch	PDF
Abridged model	30/06/2018	19/12/2018	30/01/2019	Dutch	PDF
Abridged model	30/06/2017	29/11/2017	12/01/2018	Dutch	PDF
Abridged model	31/05/2016	26/10/2016	30/11/2016	Dutch	PDF
Abridged model	31/05/2015	28/10/2015	30/11/2015	Dutch	PDF
Abridged model	31/05/2014	29/10/2014	28/11/2014	Dutch	PDF
Abridged model	31/05/2013	30/10/2013	20/12/2013	Dutch	PDF
Abridged model	31/05/2012	31/10/2012	31/01/2013	Dutch	PDF
Abridged model	30/09/2011	06/02/2012	27/04/2012	Dutch	PDF
Abridged model	30/09/2010	07/02/2011	30/04/2011	Dutch	PDF
Abridged model	30/09/2009	31/03/2010	30/04/2010	Dutch	PDF
Abridged model	30/09/2008	31/03/2009	27/04/2009	Dutch	PDF
Abridged model	30/09/2007	31/03/2008	30/04/2008	Dutch	PDF
Abridged model	30/09/2006	05/02/2007	30/04/2007	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 30/06/2024 · 2 active · 4 ended

Active mandates

Pascale HOCQUETTE

Director · since 01 janvier 2016

Active

Geert DEVOLDER

Director

Active

Ended mandates

Pascale Hocquette

Manager · since 01 janvier 2016

Ended

GEERT DEVOLDER

Manager

Ended

Pascale Hocquette

Director

Ended

PASCALE HOCQUETTE

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office01/07/2019
MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Restructuring04/02/2019
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Capital / shares20/01/2017
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Capital / shares13/01/2017
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Other20/06/2016
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates22/04/2016
ONTSLAGEN - BENOEMINGEN
PDF
Other08/08/2012
DIVERSEN
PDF
Other28/06/2012
BOEKJAAR - 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 20256,7 k €↓
2024
Annual accounts 2024166,0 k €↓
2023
Annual accounts 2023202,4 k €↑
2022
Annual accounts 202239,9 k €↑
2021
Annual accounts 202126,0 k €↑
2020
Annual accounts 202014,1 k €↑
2019
Annual accounts 2019-67,8 k €↓
2018
Annual accounts 201816,3 k €↑
2017
Annual accounts 2017-5,2 k €↓
2016
Annual accounts 20162,3 k €↓
2015
Annual accounts 201594,1 k €↑
2014
Annual accounts 201433,3 k €↓
2013
Annual accounts 201344,7 k €↑
2012
Annual accounts 20129,6 k €↑
2011
Annual accounts 20117,8 k €↓
2010
Annual accounts 201032,6 k €↓
2009
Annual accounts 200952,6 k €↑
2008
Annual accounts 200828,0 k €↓
2007
Annual accounts 200736,5 k €
23/11/1998
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

DEVIRCO

Overview

What does DEVIRCO 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