ACTIVE

DEVWARE

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Financial year 2025 · closed on 31/12/2025
Net result
31,2 k €
-37.3% YoY
Gross margin
96,1 k €
+10.4% YoY
Equity
103,4 k €
-3.5% YoY

What does DEVWARE do?

DEVWARE is a Private limited company incorporated in 2013. Its main activity is: Electrical, plumbing and other construction installation activities. Its registered office is in Etterbeek.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0533.788.426
Incorporation
30/04/2013
Legal form
Private limited company
Registered office
Rue Antoine Gautier 87
1040 Etterbeek · BruxellesSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Activities (NACE)
43230Electrical, plumbing and other construction installation activities· main43291Other construction installation62010Computer programming activities62020Computer consultancy activities62100Computer programming, consultancy and related activities62200Computer programming, consultancy and related activities+6
Signals
ProfitableLow riskPositive cashflowPositive EBITDA
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin96,1 k €87 k €35,6 k €30,3 k €22,8 k €24,8 k €38,3 k €38,1 k €37,7 k €38,5 k €44,7 k €32,6 k €35 k €
EBITDA94,4 k €85,3 k €34,4 k €29 k €22,3 k €23,2 k €34,9 k €37,3 k €37 k €37,7 k €44 k €31,3 k €34,7 k €
Operating result48 k €73,8 k €23 k €18,7 k €19,8 k €20,5 k €33,1 k €32,4 k €25,4 k €25,9 k €31,3 k €21,5 k €28,1 k €
Net result31,2 k €49,7 k €12,3 k €9,4 k €12,5 k €13,1 k €24,1 k €23,6 k €16,2 k €16,2 k €17,3 k €13,1 k €17 k €
Balance sheet
Equity103,4 k €107,1 k €81,6 k €92,7 k €98,4 k €101,8 k €103,8 k €89,7 k €66,9 k €50,7 k €34,6 k €36,3 k €23,2 k €
Total assets584,1 k €254,1 k €225,8 k €240,4 k €246,8 k €128,9 k €125,7 k €93,9 k €74,6 k €63,9 k €82,2 k €68,5 k €73 k €
Cash25,2 k €27,3 k €5,3 k €5,5 k €14,8 k €78,5 k €77,4 k €45,6 k €26,1 k €28,2 k €35,9 k €25,9 k €16,5 k €
Debts480,8 k €147 k €144,3 k €147,7 k €148,5 k €27,1 k €21,9 k €4,2 k €7,7 k €13,1 k €47,7 k €32,2 k €49,8 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active

Active mandates

Angelo Sébastien De Salvador

Mandate

Active
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date28/07/202620/06/202524/06/202403/07/202310/06/202204/08/2021
General meeting01/06/202631/05/202531/05/202431/05/202331/05/202231/05/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202501/06/202628/07/2026FrenchPDF
Micro model31/12/202431/05/202520/06/2025FrenchPDF
Micro model31/12/202331/05/202424/06/2024FrenchPDF
Micro model31/12/202231/05/202303/07/2023FrenchPDF
Micro model31/12/202131/05/202210/06/2022FrenchPDF
Micro model31/12/202031/05/202104/08/2021FrenchPDF
Micro model31/12/201901/06/202020/08/2020FrenchPDF
Micro model31/12/201831/05/201904/07/2019FrenchPDF
Micro model31/12/201731/05/201812/07/2018FrenchPDF
Micro model31/12/201631/05/201727/06/2017FrenchPDF
Abridged model31/12/201531/05/201627/06/2016FrenchPDF
Abridged model31/12/201401/06/201521/08/2015FrenchPDF
Abridged model31/12/201302/06/201423/07/2014FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 1 active

Active mandates

Angelo Sébastien De Salvador

Mandate

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office24/12/2025
    SIEGE SOCIAL
    PDF
  • Mandates21/12/2023
    MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office31/10/2017
    SIEGE SOCIAL
    PDF
  • Other13/05/2013
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 202531,2 k €↓
  2. 2024
    Annual accounts 202449,7 k €↑
  3. 2023
    Annual accounts 202312,3 k €↑
  4. 2022
    Annual accounts 20229,4 k €↓
  5. 2021
    Annual accounts 202112,5 k €↓
  6. 2020
    Annual accounts 202013,1 k €↓
  7. 2019
    Annual accounts 201924,1 k €↑
  8. 2018
    Annual accounts 201823,6 k €↑
  9. 2017
    Annual accounts 201716,2 k €↓
  10. 2016
    Annual accounts 201616,2 k €↓
  11. 2015
    Annual accounts 201517,3 k €↑
  12. 2014
    Annual accounts 201413,1 k €↓
  13. 2013
    Annual accounts 201317 k €
  14. 30/04/2013
    IncorporationPrivate limited company