ACTIVE

DEVELTER FRANK

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Financial year 2025 · Closed on 31/12/2025

Net result829,1 k €-22,6 %over 1 year
Gross margin1,6 M €-9,1 %over 1 year
Equity776,5 k €-5,2 %over 1 year
Workforce10,2 ETP+2,0 %over 1 year

Identity

Source · BCE/KBO

DEVELTER FRANK is a Private limited company incorporated in 2002. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Zonnebeke. It employs on average 10,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0477.025.412
Incorporation
12/03/2002
Legal form
Private limited company
Registered office
Westrozebekestraat 25B
8980 Zonnebeke · FlandreSee on map
Contributed capital
18 550,00 €
Latest accounts
31/12/2025
Average workforce
10,2 ETP
Joint committees (5)
  • 124
  • 12400
  • 200
  • 20000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin1,6 M €1,7 M €952,9 k €750,6 k €545,1 k €
EBITDA871,9 k €1,1 M €324,2 k €235,1 k €200 k €
Operating result804,5 k €1,1 M €265 k €245,1 k €131,6 k €
Net result829,1 k €1,1 M €254,8 k €238,1 k €70,8 k €
Balance sheet
Equity776,5 k €819,4 k €777,9 k €723,1 k €685 k €
Total assets1,8 M €2,2 M €1,9 M €1,5 M €1,4 M €
Cash509,4 k €381,6 k €269,3 k €412,5 k €242,1 k €
Debts1 M €1,4 M €1,1 M €778,1 k €658,4 k €
Other
Workforce10,2 ETP10,0 ETP10,5 ETP8,8 ETP5,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 14 ended

Active mandates

F.L.J. Invest

Director · since 31 mai 2023 · 0780.512.181

Represented by Frank Develter

Active

Ended mandates

F.L.J. Invest

Director · since 31 mai 2023 · 0780.512.181

Represented by Frank DEVELTER

Ended
F.L.J. Invest

Managing director · since 01 novembre 2022 · 0780.512.181

Represented by Frank Jozef Develter

Ended
NOPPE INVEST

Director · since 30 novembre 2011 · until 31 mai 2023 · 0841.506.078

Represented by Noppe HEIDI ANNICK

Ended
NOPPE INVEST

Director · since 30 novembre 2011 · 0841.506.078

Represented by Heidi Noppe

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date16/07/202629/08/202526/08/202407/07/202319/08/202222/06/2021
General meeting19/06/202626/08/202509/08/202430/06/202317/08/202221/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/06/202616/07/2026DutchPDF
Abridged model31/12/202426/08/202529/08/2025DutchPDF
Abridged model31/12/202309/08/202426/08/2024DutchPDF
Abridged model31/12/202230/06/202307/07/2023DutchPDF
Abridged model31/12/202117/08/202219/08/2022DutchPDF
Abridged model31/12/202021/05/202122/06/2021DutchPDF
Abridged model31/12/201915/05/202022/07/2020DutchPDF
Abridged model31/12/201817/05/201902/07/2019DutchPDF
Abridged model31/12/201718/05/201822/06/2018DutchPDF
Abridged model31/12/201619/05/201729/06/2017DutchPDF
Abridged model31/12/201520/05/201624/06/2016DutchPDF
Abridged model31/12/201415/05/201518/06/2015DutchPDF
Abridged model31/12/201316/05/201413/06/2014DutchPDF
Abridged model31/12/201217/05/201329/08/2013DutchPDF
Abridged model31/12/201118/05/201220/07/2012DutchPDF
Abridged model31/12/201020/05/201120/06/2011DutchPDF
Abridged model31/03/200921/08/200930/09/2009DutchPDF
Abridged model31/03/200818/08/200828/11/2008DutchPDF
Abridged model31/03/200717/08/200720/11/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 14 ended

Active mandates

F.L.J. Invest

Director · since 31 mai 2023 · 0780.512.181

Represented by Frank Develter

Active

Ended mandates

F.L.J. Invest

Director · since 31 mai 2023 · 0780.512.181

Represented by Frank DEVELTER

Ended
F.L.J. Invest

Managing director · since 01 novembre 2022 · 0780.512.181

Represented by Frank Jozef Develter

Ended
NOPPE INVEST

Director · since 30 novembre 2011 · until 31 mai 2023 · 0841.506.078

Represented by Noppe HEIDI ANNICK

Ended
NOPPE INVEST

Director · since 30 novembre 2011 · 0841.506.078

Represented by Heidi Noppe

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates19/06/2023
    WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates20/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares15/01/2018
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares10/01/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office14/11/2012
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates24/08/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/12/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other13/04/2010
    BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

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 2025829,1 k €↓
  2. 2024
    Annual accounts 20241,1 M €↑
  3. 2023
    Annual accounts 2023254,8 k €↑
  4. 2022
    Annual accounts 2022238,1 k €↑
  5. 2021
    Annual accounts 202170,8 k €↓
  6. 2020
    Annual accounts 2020250 k €↓
  7. 2019
    Annual accounts 2019438,4 k €↑
  8. 2018
    Annual accounts 2018210,1 k €↓
  9. 2017
    Annual accounts 2017337,5 k €↓
  10. 2016
    Annual accounts 2016458,9 k €↑
  11. 2015
    Annual accounts 2015444,8 k €↑
  12. 2014
    Annual accounts 2014226,2 k €↑
  13. 2013
    Annual accounts 2013202,5 k €↓
  14. 2012
    Annual accounts 2012321,3 k €↑
  15. 2011
    Annual accounts 2011279,8 k €↑
  16. 2010
    Annual accounts 2010191,6 k €↑
  17. 2009
    Annual accounts 200933,4 k €↓
  18. 2008
    Annual accounts 200835,8 k €↑
  19. 2007
    Annual accounts 200712,5 k €
  20. 12/03/2002
    IncorporationPrivate limited company