ACTIVE

DEVOTEAM

Financial year 2025 · closed on 31/12/2025
Net result
-1,5 M €
-329.4% YoY
Revenue
51 M €
-8.1% YoY
Equity
5,6 M €
-21.1% YoY
Workforce
332,0 ETP
-5.0% YoY

What does DEVOTEAM do?

DEVOTEAM is a Public limited company incorporated in 1999. Its main activity is: Computer consultancy activities. Its registered office is in Machelen (Brab.). It employs on average 332,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0466.475.275
Incorporation
19/07/1999
Legal form
Public limited company
Registered office
Culliganlaan 3
1831 Machelen (Brab.) · FlandreSee on map
Contributed capital
6 165 075,29 €
Latest accounts
31/12/2025
Average workforce
332,0 ETP
Joint committees (1)
  • 200
Signals
Solid equityGood liquidityHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Revenue51 M €55,5 M €65,6 M €65,1 M €
EBITDA-1,4 M €41 k €3,2 M €4,2 M €
Operating result-1,5 M €-82,2 k €2,2 M €4,4 M €
Net result-1,5 M €-352,2 k €1,1 M €3 M €
Balance sheet
Equity5,6 M €7,2 M €7,5 M €7,5 M €
Total assets18 M €26,2 M €29,3 M €36,6 M €
Cash879 k €3,7 M €3,8 M €6,9 M €
Debts9,8 M €14,5 M €17,6 M €26 M €
Other
Workforce332,0 ETP349,4 ETP379,6 ETP362,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 12 ended

Active mandates

Buca

Director · since 08 mars 2024 · until 12 juin 2026 · 0507.982.466

Represented by Jeremy Bonnevalle

Active
Buca

Managing director · since 08 mars 2024 · until 12 juin 2026 · 0507.982.466

Represented by Jeremy Bonnevalle

Active
Martijn van Veen

Director · since 08 mars 2024 · until 12 juin 2026

Active
Martijn van Veen

Managing director · since 08 mars 2024 · until 12 juin 2026

Active
Sebastien Chevrel

Director · since 18 mai 2018 · until 12 juin 2026

Active

Ended mandates

Buca

Director · since 08 mars 2024 · until 13 juin 2025 · 0507.982.466

Represented by Jeremy Bonnevalle

Ended
Buca

Managing director · since 08 mars 2024 · until 13 juin 2025 · 0507.982.466

Represented by Jeremy Bonnevalle

Ended
Martijn van Veen

Director · since 08 mars 2024 · until 13 juin 2025

Ended
Martijn van Veen

Managing director · since 08 mars 2024 · until 13 juin 2025

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date16/06/202619/06/202524/06/202413/06/202322/06/202229/06/2021
General meeting12/06/202613/06/202514/06/202409/06/202310/06/202211/06/2021
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
Full model31/12/202512/06/202616/06/2026DutchPDF
Full model31/12/202413/06/202519/06/2025DutchPDF
Full model31/12/202314/06/202424/06/2024DutchPDF
Full model31/12/202209/06/202313/06/2023DutchPDF
Full model31/12/202110/06/202222/06/2022DutchPDF
Full model31/12/202011/06/202129/06/2021DutchPDF
Full model31/12/201915/05/202005/06/2020DutchPDF
Full model31/12/201817/05/201904/06/2019DutchPDF
Full model31/12/201718/05/201822/05/2018DutchPDF
Full model31/12/201619/05/201722/05/2017DutchPDF
Full model31/12/201520/05/201627/05/2016DutchPDF
Full model31/12/201418/05/201526/05/2015DutchPDF
Full model31/12/201316/05/201421/05/2014DutchPDF
Full model31/12/201217/05/201314/06/2013DutchPDF
Full model31/12/201128/06/201202/07/2012DutchPDF
Full model31/12/201020/05/201125/05/2011DutchPDF
Full model31/12/200921/05/201025/05/2010DutchPDF
Full model31/12/200815/05/200925/05/2009FrenchPDF
Full model31/12/200725/06/200811/07/2008FrenchPDF
Full model31/12/200626/06/200702/07/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 5 active · 12 ended

Active mandates

Buca

Director · since 08 mars 2024 · until 12 juin 2026 · 0507.982.466

Represented by Jeremy Bonnevalle

Active
Buca

Managing director · since 08 mars 2024 · until 12 juin 2026 · 0507.982.466

Represented by Jeremy Bonnevalle

Active
Martijn van Veen

Director · since 08 mars 2024 · until 12 juin 2026

Active
Martijn van Veen

Managing director · since 08 mars 2024 · until 12 juin 2026

Active
Sebastien Chevrel

Director · since 18 mai 2018 · until 12 juin 2026

Active

Ended mandates

Buca

Director · since 08 mars 2024 · until 13 juin 2025 · 0507.982.466

Represented by Jeremy Bonnevalle

Ended
Buca

Managing director · since 08 mars 2024 · until 13 juin 2025 · 0507.982.466

Represented by Jeremy Bonnevalle

Ended
Martijn van Veen

Director · since 08 mars 2024 · until 13 juin 2025

Ended
Martijn van Veen

Managing director · since 08 mars 2024 · until 13 juin 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates04/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/07/2023
    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

Timeline

  1. 2025
    Annual accounts 2025-1,5 M €
  2. 2024
    Annual accounts 2024-352,2 k €
  3. 2023
    Annual accounts 20231,1 M €
  4. 2022
    Annual accounts 20223 M €
  5. 19/07/1999
    IncorporationPublic limited company