ACTIVE

DIVACT

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Financial year 2025 · closed on 31/12/2025

Net result

27,8 k €

-28.4% YoY

Gross margin

77,8 k €

-9.5% YoY

Equity

383,2 k €

+7.8% YoY

What does DIVACT do?

DIVACT is a Private limited company incorporated in 2001. Its main activity is: Construction of buildings. Its registered office is in Staden.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0473.968.922

Incorporation

31/01/2001

Legal form

Private limited company

Registered office

1° Jagersstraat(ONK) 5
8840 Staden · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 45211Maintenance and repair of motor vehicles 25401Manufacture of weapons and ammunition 25501Forging, pressing, stamping and roll-forming of metal; powder metallurgy 28401Manufacture of metal forming machinery and machine tools+12

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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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	77,8 k €	-9.5%	86 k €	-39.1%	141,2 k €	+129%	61,8 k €	-13.4%	71,3 k €	+236%	21,2 k €	+186%	7,4 k €	-36.4%	11,7 k €	+10858%	106,7 €	+104%	-2,9 k €	+72.9%	-10,7 k €	-126%	41,6 k €	-6.1%	44,3 k €	-23.3%	57,8 k €	-54.7%	127,7 k €	+4.9%	121,7 k €	-31.8%	178,6 k €	+52.8%	116,8 k €	+14.2%	102,3 k €	-16.8%	123,1 k €
EBITDA	73,1 k €	-10.2%	81,5 k €	-40.6%	137,2 k €	+136%	58,1 k €	-14.2%	67,7 k €	+283%	17,7 k €	+319%	4,2 k €	-50.6%	8,5 k €	+385%	-3 k €	+24.7%	-4 k €	+71.0%	-13,7 k €	-136%	37,7 k €	-10.3%	42,1 k €	-2.6%	43,2 k €	-36.9%	68,4 k €	+15.2%	59,4 k €	-47.6%	113,3 k €	+52.3%	74,4 k €	+12.0%	66,4 k €	-21.4%	84,5 k €
Operating result	40 k €	-29.5%	56,7 k €	-48.6%	110,4 k €	+315%	26,6 k €	-43.6%	47,2 k €	+1956%	2,3 k €	+120%	-11,5 k €	-79.6%	-6,4 k €	+66.0%	-18,8 k €	+8.4%	-20,6 k €	+34.7%	-31,5 k €	-301%	15,7 k €	+6.0%	14,8 k €	-2.8%	15,2 k €	-58.1%	36,3 k €	+33.0%	27,3 k €	-66.6%	81,9 k €	+64.0%	49,9 k €	+36.0%	36,7 k €	-29.3%	51,9 k €
Net result	27,8 k €	-28.4%	38,8 k €	-58.6%	93,7 k €	+291%	24 k €	-35.6%	37,3 k €	+703%	4,6 k €	+140%	-11,6 k €	-76.4%	-6,6 k €	+66.2%	-19,4 k €	+11.8%	-22 k €	+36.5%	-34,7 k €	-424%	10,7 k €	+36.9%	7,8 k €	+22.1%	6,4 k €	-60.3%	16,1 k €	+7.3%	15 k €	-74.3%	58,5 k €	+64.7%	35,5 k €	+39.8%	25,4 k €	-33.9%	38,5 k €
Balance sheet
Equity	383,2 k €	+7.8%	355,5 k €	+12.3%	316,7 k €	+27.7%	248 k €	+10.7%	224 k €	+20.0%	186,7 k €	+2.5%	182,1 k €	-6.0%	193,7 k €	-3.3%	200,3 k €	-8.8%	219,7 k €	-9.1%	241,7 k €	-12.5%	276,4 k €	+4.0%	265,7 k €	+3.0%	257,9 k €	+2.5%	251,5 k €	+6.0%	237,3 k €	+14.0%	208,2 k €	+31.2%	158,6 k €	+23.9%	128,1 k €	+16.8%	109,6 k €
Total assets	401,1 k €	+2.8%	390,4 k €	+2.6%	380,4 k €	+12.0%	339,7 k €	+19.4%	284,5 k €	+21.2%	234,7 k €	+2.7%	228,6 k €	-4.7%	239,9 k €	-3.2%	247,9 k €	-10.8%	278 k €	-10.7%	311,4 k €	-12.3%	355,1 k €	-1.2%	359,3 k €	-1.7%	365,7 k €	-6.0%	389,1 k €	+8.4%	359 k €	+1.8%	352,6 k €	+5.8%	333,4 k €	-2.1%	340,4 k €	-2.0%	347,5 k €
Cash	133 k €	+2.2%	130,1 k €	+51.9%	85,7 k €	-44.7%	154,9 k €	+13.5%	136,5 k €	+14.1%	119,6 k €	+18.8%	100,7 k €	-5.6%	106,7 k €	+4.5%	102,1 k €	-12.9%	117,2 k €	-9.5%	129,5 k €	-10.5%	144,6 k €	+22.9%	117,6 k €	+5.3%	111,7 k €	+3.5%	107,9 k €	+92.7%	56 k €	+153%	22,2 k €	+358%	4,8 k €	-78.6%	22,6 k €	-14.7%	26,5 k €
Debts	17,9 k €	-48.7%	34,9 k €	-45.2%	63,8 k €	-30.4%	91,7 k €	+52.7%	60 k €	+26.7%	47,4 k €	+6.1%	44,6 k €	+0.2%	44,6 k €	-3.0%	45,9 k €	-20.2%	57,6 k €	-16.5%	68,9 k €	-11.8%	78,2 k €	-15.9%	93 k €	-13.0%	106,9 k €	-22.2%	137,5 k €	+13.6%	121,1 k €	-15.9%	144 k €	-17.2%	173,8 k €	-18.0%	212 k €	-10.8%	237,6 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		0,5 ETP	-64.3%	1,4 ETP	-6.7%	1,5 ETP	-16.7%	1,8 ETP	0.0%	1,8 ETP	+38.5%	1,3 ETP	+44.4%	0,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

Caroline Callewaert

Director · since 13 février 2001

Active

Ivan Dekoning

Director · since 13 février 2001

Active

Ended mandates

Caroline Callewaert

Director

Ended

CAROLINE CALLEWAERT

Manager

Ended

IVAN DEKONING

Director

Ended

IVAN DEKONING

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	29/05/2026	30/06/2025	04/06/2024	27/06/2023	26/08/2022	31/08/2021
General meeting	02/05/2026	28/05/2025	28/05/2024	14/06/2023	06/07/2022	02/07/2021
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	02/05/2026	29/05/2026	Dutch	PDF
Micro model	31/12/2024	28/05/2025	30/06/2025	Dutch	PDF
Micro model	31/12/2023	28/05/2024	04/06/2024	Dutch	PDF
Micro model	31/12/2022	14/06/2023	27/06/2023	Dutch	PDF
Micro model	31/12/2021	06/07/2022	26/08/2022	Dutch	PDF
Micro model	31/12/2020	02/07/2021	31/08/2021	Dutch	PDF
Micro model	31/12/2019	21/09/2020	26/10/2020	Dutch	PDF
Micro model	31/12/2018	19/06/2019	29/08/2019	Dutch	PDF
Micro model	31/12/2017	31/05/2018	27/08/2018	Dutch	PDF
Micro model	31/12/2016	29/06/2017	22/08/2017	Dutch	PDF
Abridged model	31/12/2015	29/08/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	12/06/2015	19/08/2015	Dutch	PDF
Abridged model	31/12/2013	14/08/2014	18/08/2014	Dutch	PDF
Abridged model	31/12/2012	05/06/2013	17/06/2013	Dutch	PDF
Abridged model	31/12/2011	30/08/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	19/08/2011	30/08/2011	Dutch	PDF
Abridged model	31/12/2009	03/06/2010	23/06/2010	Dutch	PDF
Abridged model	31/12/2008	18/05/2009	18/06/2009	Dutch	PDF
Abridged model	31/12/2007	27/05/2008	13/08/2008	Dutch	PDF
Abridged model	31/12/2006	14/06/2007	21/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 6 ended

Active mandates

Caroline Callewaert

Director · since 13 février 2001

Active

Ivan Dekoning

Director · since 13 février 2001

Active

Ended mandates

Caroline Callewaert

Director

Ended

CAROLINE CALLEWAERT

Manager

Ended

IVAN DEKONING

Director

Ended

IVAN DEKONING

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/02/2021
WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/07/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/07/2005
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office02/04/2004
MAATSCHAPPELIJKE ZETEL
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 202527,8 k €↓
2024
Annual accounts 202438,8 k €↓
2023
Annual accounts 202393,7 k €↑
2022
Annual accounts 202224 k €↓
2021
Annual accounts 202137,3 k €↑
2020
Annual accounts 20204,6 k €↑
2019
Annual accounts 2019-11,6 k €↓
2018
Annual accounts 2018-6,6 k €↑
2017
Annual accounts 2017-19,4 k €↑
2016
Annual accounts 2016-22 k €↑
2015
Annual accounts 2015-34,7 k €↓
2014
Annual accounts 201410,7 k €↑
2013
Annual accounts 20137,8 k €↑
2012
Annual accounts 20126,4 k €↓
2011
Annual accounts 201116,1 k €↑
2010
Annual accounts 201015 k €↓
2009
Annual accounts 200958,5 k €↑
2008
Annual accounts 200835,5 k €↑
2007
Annual accounts 200725,4 k €↓
2006
Annual accounts 200638,5 k €
31/01/2001
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

DIVACT

Overview

What does DIVACT 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