ACTIVE

DEVOLEC

Export PDF
Financial year 2025 · closed on 30/06/2025
Net result
46,6 k €
+14242.6% YoY
Gross margin
189,9 k €
-6.9% YoY
Equity
178,7 k €
-51.3% YoY

What does DEVOLEC do?

DEVOLEC is a Private limited company incorporated in 2012. Its main activity is: Electrical installation. Its registered office is in Harelbeke.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0500.725.579
Incorporation
12/11/2012
Legal form
Private limited company
Registered office
Vlietestraat 80
8531 Harelbeke · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
30/06/2025
Activities (NACE)
43211Electrical installation· main43211Electrical installation
Joint committees (1)
  • 14901
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin189,9 k €203,9 k €218,1 k €186,1 k €177,9 k €294 k €198,7 k €76,2 k €93,2 k €92 k €67,3 k €59,7 k €87,8 k €
EBITDA120 k €106,8 k €90,4 k €106,2 k €96,7 k €222,3 k €155,2 k €74,7 k €91,8 k €89,6 k €66,7 k €58,5 k €86,8 k €
Operating result77,2 k €64,1 k €47,3 k €60,4 k €51,4 k €195,1 k €127 k €54,5 k €69,3 k €48,4 k €48,4 k €40,5 k €83 k €
Net result46,6 k €324,9 €11,6 k €43,7 k €26,6 k €145,5 k €90,8 k €33,7 k €44,9 k €23,8 k €38,6 k €28,8 k €63,8 k €
Balance sheet
Equity178,7 k €366,8 k €400,1 k €433,5 k €415,5 k €388,9 k €245 k €154,2 k €149,3 k €104,4 k €143,7 k €105 k €76,2 k €
Total assets596,5 k €583 k €730,4 k €784,1 k €831,2 k €831,9 k €634,1 k €424,4 k €581,5 k €428,7 k €222,8 k €144,9 k €162,5 k €
Cash84,2 k €100,8 k €124,6 k €167,9 k €246,2 k €190 k €235,6 k €141,1 k €92 k €150,3 k €169,8 k €59,9 k €16 k €
Debts417,8 k €216,2 k €330,2 k €350,7 k €415,7 k €443 k €389,1 k €270,2 k €432,2 k €323,3 k €78,1 k €38,9 k €85,8 k €
Other
Workforce––1,0 ETP1,3 ETP1,3 ETP1,0 ETP–––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 2 ended

Active mandates

Nick Devoldere

Director · since 06 novembre 2012

Active

Ended mandates

Nick Devoldere

Manager · since 06 novembre 2012

Ended
Nick Devoldere

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date04/01/202621/12/202418/12/202319/12/202220/12/202131/12/2020
General meeting20/12/202521/12/202416/12/202317/12/202218/12/202119/12/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202520/12/202504/01/2026DutchPDF
Micro model30/06/202421/12/202421/12/2024DutchPDF
Abridged model30/06/202316/12/202318/12/2023DutchPDF
Abridged model30/06/202217/12/202219/12/2022DutchPDF
Abridged model30/06/202118/12/202120/12/2021DutchPDF
Abridged model30/06/202019/12/202031/12/2020DutchPDF
Micro model30/06/201921/12/201921/01/2020DutchPDF
Micro model30/06/201815/12/201807/01/2019DutchPDF
Micro model30/06/201708/08/201721/09/2017DutchPDF
Abridged model30/06/201617/12/201620/12/2016DutchPDF
Abridged model30/06/201519/12/201519/12/2015DutchPDF
Abridged model30/06/201420/12/201422/12/2014DutchPDF
Abridged model30/06/201321/12/201314/01/2014DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 30/06/2025 · 1 active · 2 ended

Active mandates

Nick Devoldere

Director · since 06 novembre 2012

Active

Ended mandates

Nick Devoldere

Manager · since 06 novembre 2012

Ended
Nick Devoldere

Manager

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/09/2020
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other14/11/2012
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 202546,6 k €↑
  2. 2024
    Annual accounts 2024324,9 €↓
  3. 2023
    Annual accounts 202311,6 k €↓
  4. 2022
    Annual accounts 202243,7 k €↑
  5. 2021
    Annual accounts 202126,6 k €↓
  6. 2020
    Annual accounts 2020145,5 k €↑
  7. 2019
    Annual accounts 201990,8 k €↑
  8. 2018
    Annual accounts 201833,7 k €↓
  9. 2017
    Annual accounts 201744,9 k €↑
  10. 2016
    Annual accounts 201623,8 k €↓
  11. 2015
    Annual accounts 201538,6 k €↑
  12. 2014
    Annual accounts 201428,8 k €↓
  13. 2013
    Annual accounts 201363,8 k €
  14. 12/11/2012
    IncorporationPrivate limited company