ACTIVE

DEVANO

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Financial year 2025 · closed on 31/12/2025

Net result

10,3 k €

+227.5% YoY

Gross margin

41,5 k €

+42.4% YoY

Equity

29,8 k €

+52.6% YoY

What does DEVANO do?

DEVANO is a Private company with limited liability incorporated in 2000. Its main activity is: Architectural and engineering activities; technical testing and analysis. Its registered office is in Geraardsbergen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0473.428.888

Incorporation

05/12/2000

Legal form

Private company with limited liability

Registered office

Diebeke(Sch) 3
9500 Geraardsbergen · Flandre

Contributed capital

18 592,02 €

Latest accounts

31/12/2025

Activities (NACE)

71320Architectural and engineering activities; technical testing and analysis· main 77320Rental and leasing of construction and civil engineering machinery and equipment 77320Rental and leasing of construction and civil engineering machinery and equipment

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	41,5 k €	+42.4%	29,1 k €	-58.9%	70,8 k €	+131%	30,6 k €	-22.7%	39,6 k €	+104%	19,4 k €	-51.7%	40,2 k €	-2.5%	41,2 k €	+15.3%	35,7 k €	-15.4%	42,2 k €	+95.0%	21,7 k €	-43.8%	38,6 k €	-1.9%	39,3 k €	+51.1%	26,0 k €	-34.0%	39,4 k €	+159%	15,2 k €	-32.6%	22,5 k €	-25.9%	30,4 k €	-6.5%	32,5 k €	-8.0%	35,3 k €
EBITDA	38,4 k €	+49.2%	25,7 k €	-61.0%	65,9 k €	+136%	27,9 k €	-26.7%	38,1 k €	+115%	17,7 k €	-52.9%	37,6 k €	-6.4%	40,1 k €	+23.9%	32,4 k €	-21.5%	41,3 k €	+249%	11,8 k €	-66.1%	34,9 k €	-2.8%	35,9 k €	+52.3%	23,6 k €	-38.1%	38,1 k €	+173%	14,0 k €	-35.3%	21,6 k €	-25.3%	28,9 k €	-8.3%	31,5 k €	-6.6%	33,7 k €
Operating result	19,0 k €	+932%	-2,3 k €	-107%	32,4 k €	+388%	-11,3 k €	-658%	2,0 k €	+120%	-10,1 k €	-164%	15,9 k €	+20.7%	13,2 k €	+101%	6,6 k €	-10.9%	7,4 k €	+263%	-4,5 k €	-145%	10,1 k €	-39.6%	16,8 k €	+164%	6,4 k €	-73.1%	23,7 k €	+637%	-4,4 k €	-102%	-2,2 k €	-121%	10,3 k €	+2.0%	10,1 k €	+51.3%	6,7 k €
Net result	10,3 k €	+228%	-8,1 k €	-130%	26,7 k €	+266%	-16,0 k €	-332%	-3,7 k €	+75.4%	-15,1 k €	-245%	10,4 k €	+19.3%	8,7 k €	+407%	1,7 k €	+179%	612,7 €	+105%	-11,5 k €	-546%	2,6 k €	-41.5%	4,4 k €	+255%	1,2 k €	-92.8%	17,2 k €	+262%	-10,6 k €	-44.7%	-7,4 k €	-2696%	283,2 €	-94.8%	5,4 k €	+1361%	-430,3 €
Balance sheet
Equity	29,8 k €	+52.6%	19,5 k €	-29.2%	27,6 k €	+2842%	938,1 €	-94.5%	17,0 k €	-17.9%	20,7 k €	-42.1%	35,7 k €	+40.8%	25,4 k €	+52.0%	16,7 k €	+11.4%	15,0 k €	+4.3%	14,4 k €	-44.4%	25,8 k €	+11.1%	23,3 k €	+23.3%	18,9 k €	+7.0%	17,6 k €	+4681%	368,5 €	-96.7%	11,0 k €	-40.0%	18,4 k €	+1.6%	18,1 k €	+42.8%	12,7 k €
Total assets	74,1 k €	-25.9%	99,9 k €	-22.4%	128,8 k €	-5.4%	136,1 k €	-12.0%	154,6 k €	-13.5%	178,7 k €	-11.7%	202,4 k €	+107%	97,7 k €	-3.1%	100,8 k €	-18.4%	123,6 k €	+23.7%	99,9 k €	-12.7%	114,4 k €	-6.8%	122,8 k €	+5.3%	116,6 k €	+76.9%	65,9 k €	-14.0%	76,6 k €	-6.9%	82,2 k €	+0.7%	81,7 k €	-3.3%	84,5 k €	-14.3%	98,6 k €
Cash	7,8 k €	-1.0%	7,8 k €	-15.8%	9,3 k €	+20.2%	7,7 k €	+2.3%	7,6 k €	+1.0%	7,5 k €	-6.5%	8,0 k €	-22.5%	10,3 k €	+68.1%	6,1 k €	+32.0%	4,7 k €	-17.8%	5,7 k €	-38.6%	9,2 k €	+160%	3,5 k €	-70.7%	12,1 k €	+267%	3,3 k €	+196%	1,1 k €	-92.2%	14,4 k €	-8.9%	15,7 k €	+55.6%	10,1 k €	+89.6%	5,3 k €
Debts	44,3 k €	-44.9%	80,4 k €	-20.5%	101,2 k €	-25.2%	135,2 k €	-1.8%	137,6 k €	-12.9%	158,1 k €	-5.1%	166,6 k €	+130%	72,4 k €	-14.0%	84,1 k €	-22.5%	108,6 k €	+26.9%	85,5 k €	-3.4%	88,6 k €	-11.0%	99,5 k €	+1.9%	97,7 k €	+102%	48,3 k €	-36.7%	76,2 k €	+7.0%	71,2 k €	+12.5%	63,3 k €	-4.7%	66,4 k €	-22.8%	85,9 k €

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 · 2 active · 4 ended

Active mandates

DIDIER VANDEN HERREWEGEN

Director

Active

ELS DEROECK

Director

Active

Ended mandates

DIDIER VANDEN HERREWEGEN

Mandate

Ended

DIDIER VANDEN HERREWEGEN

Manager

Ended

ELS DEROECK

Mandate

Ended

ELS DEROECK

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	22/06/2026	25/06/2025	17/06/2024	20/06/2023	10/06/2022	04/06/2021
General meeting	30/05/2026	31/05/2025	25/05/2024	27/05/2023	28/05/2022	29/05/2021
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
Micro model	31/12/2025	30/05/2026	22/06/2026	Dutch	PDF
Micro model	31/12/2024	31/05/2025	25/06/2025	Dutch	PDF
Micro model	31/12/2023	25/05/2024	17/06/2024	Dutch	PDF
Micro model	31/12/2022	27/05/2023	20/06/2023	Dutch	PDF
Micro model	31/12/2021	28/05/2022	10/06/2022	Dutch	PDF
Micro model	31/12/2020	29/05/2021	04/06/2021	Dutch	PDF
Micro model	31/12/2019	30/05/2020	04/06/2020	Dutch	PDF
Micro model	31/12/2018	25/05/2019	31/05/2019	Dutch	PDF
Micro model	31/12/2017	26/05/2018	15/06/2018	Dutch	PDF
Micro model	31/12/2016	27/05/2017	26/06/2017	Dutch	PDF
Abridged model	31/12/2015	28/05/2016	23/06/2016	Dutch	PDF
Abridged model	31/12/2014	30/05/2015	25/06/2015	Dutch	PDF
Abridged model	31/12/2013	31/05/2014	20/06/2014	Dutch	PDF
Abridged model	31/12/2012	25/05/2013	24/06/2013	Dutch	PDF
Abridged model	31/12/2011	26/05/2012	01/06/2012	Dutch	PDF
Abridged model	31/12/2010	28/05/2011	21/06/2011	Dutch	PDF
Abridged model	31/12/2009	29/05/2010	22/06/2010	Dutch	PDF
Abridged model	31/12/2008	30/05/2009	25/06/2009	Dutch	PDF
Abridged model	31/12/2007	31/05/2008	26/06/2008	Dutch	PDF
Abridged model	31/12/2006	26/05/2007	29/05/2007	Dutch	PDF

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 · 2 active · 4 ended

Active mandates

DIDIER VANDEN HERREWEGEN

Director

Active

ELS DEROECK

Director

Active

Ended mandates

DIDIER VANDEN HERREWEGEN

Mandate

Ended

DIDIER VANDEN HERREWEGEN

Manager

Ended

ELS DEROECK

Mandate

Ended

ELS DEROECK

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office28/06/2010
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares31/10/2005
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - 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 202510,3 k €↑
2024
Annual accounts 2024-8,1 k €↓
2023
Annual accounts 202326,7 k €↑
2022
Annual accounts 2022-16,0 k €↓
2021
Annual accounts 2021-3,7 k €↑
2020
Annual accounts 2020-15,1 k €↓
2019
Annual accounts 201910,4 k €↑
2018
Annual accounts 20188,7 k €↑
2017
Annual accounts 20171,7 k €↑
2016
Annual accounts 2016612,7 €↑
2015
Annual accounts 2015-11,5 k €↓
2014
Annual accounts 20142,6 k €↓
2013
Annual accounts 20134,4 k €↑
2012
Annual accounts 20121,2 k €↓
2011
Annual accounts 201117,2 k €↑
2010
Annual accounts 2010-10,6 k €↓
2009
Annual accounts 2009-7,4 k €↓
2008
Annual accounts 2008283,2 €↓
2007
Annual accounts 20075,4 k €↑
2006
Annual accounts 2006-430,3 €
05/12/2000
IncorporationPrivate company with limited liability

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

DEVANO

Overview

What does DEVANO do?

Trend over 20 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