ACTIVE

DEV & PAL

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Financial year 2025 · closed on 31/12/2025
Net result
4,1 k €
-2.3% YoY
Gross margin
5,8 k €
-4.4% YoY
Equity
27,8 k €
+17.2% YoY

What does DEV & PAL do?

DEV & PAL is a Private limited company incorporated in 2016. Its registered office is in Bruxelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0655.684.663
Incorporation
26/05/2016
Legal form
Private limited company
Registered office
Quai du Batelage 3
1000 Bruxelles · BruxellesSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin5,8 k €6,1 k €-799,4 €5,2 k €2,4 k €3,4 k €3,1 k €1,7 k €-911,5 €6,4 k €
EBITDA5,2 k €5,4 k €-810,4 €5,2 k €2,4 k €2,9 k €2,3 k €1,7 k €-936,6 €6 k €
Operating result5,2 k €5,4 k €-810,4 €5,2 k €2,4 k €2,9 k €2,3 k €1,7 k €-936,6 €6 k €
Net result4,1 k €4,2 k €-905,5 €4 k €1,8 k €2,1 k €1,6 k €1,1 k €-946,6 €4,6 k €
Balance sheet
Equity27,8 k €23,7 k €19,5 k €20,4 k €16,4 k €14,6 k €12,5 k €10,9 k €9,8 k €10,8 k €
Total assets33,3 k €30,2 k €25,8 k €26,4 k €17,8 k €17,5 k €27,9 k €17,2 k €11,2 k €12,5 k €
Cash13,1 k €9,7 k €15,7 k €13,7 k €1,5 k €5,3 k €238,1 €4,3 k €1,3 k €7 k €
Debts5,6 k €6,6 k €6,3 k €6 k €1,4 k €2,8 k €15,3 k €6,3 k €1,4 k €1,8 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 · 2 active · 1 ended

Active mandates

GURBHEJ SINGH

Director

Active
Shivdev Singh

Director

Active

Ended mandates

GURBHEJ SINGH

Manager

Ended
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 date27/07/202628/07/202526/07/202429/08/202329/08/202230/08/2021
General meeting07/05/202601/05/202502/05/202426/06/202328/05/202228/05/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202507/05/202627/07/2026FrenchPDF
Micro model31/12/202401/05/202528/07/2025FrenchPDF
Micro model31/12/202302/05/202426/07/2024FrenchPDF
Micro model31/12/202226/06/202329/08/2023FrenchPDF
Micro model31/12/202128/05/202229/08/2022FrenchPDF
Micro model31/12/202028/05/202130/08/2021FrenchPDF
Micro model31/12/201925/06/202031/08/2020FrenchPDF
Abridged model31/12/201825/06/201926/08/2019FrenchPDF
Abridged model31/12/201718/06/201830/08/2018FrenchPDF
Abridged model31/12/201623/06/201731/08/2017FrenchPDF
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 · 2 active · 1 ended

Active mandates

GURBHEJ SINGH

Director

Active
Shivdev Singh

Director

Active

Ended mandates

GURBHEJ SINGH

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/04/2025
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/02/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares21/10/2020
    CAPITAL, ACTIONS
    PDF
  • Mandates26/07/2016
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Other30/05/2016
    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 20254,1 k €↓
  2. 2024
    Annual accounts 20244,2 k €↑
  3. 2023
    Annual accounts 2023-905,5 €↓
  4. 2022
    Annual accounts 20224 k €↑
  5. 2021
    Annual accounts 20211,8 k €↓
  6. 2020
    Annual accounts 20202,1 k €↑
  7. 2019
    Annual accounts 20191,6 k €↑
  8. 2018
    Annual accounts 20181,1 k €↑
  9. 2017
    Annual accounts 2017-946,6 €↓
  10. 2016
    Annual accounts 20164,6 k €
  11. 26/05/2016
    IncorporationPrivate limited company