ACTIVE

DEVSO

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Financial year 2025 · closed on 30/06/2025

Net result

26,0 k €

+12406.1% YoY

Gross margin

60,8 k €

-69.8% YoY

Equity

45,2 k €

+135.1% YoY

What does DEVSO do?

DEVSO is a Private limited company incorporated in 2018. Its registered office is in Lummen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0687.531.050

Incorporation

04/01/2018

Legal form

Private limited company

Registered office

Bosstraat 52
3560 Lummen · FlandreSee on map

Contributed capital

18 550,00 €

Latest accounts

30/06/2025

Joint committees (1)

Contacts

1 public detail availableLog in to view

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 7 financial years

	2025		2024		2023		2022		2021		2020		2019
Income statement
Gross margin	60,8 k €	-69.8%	201,0 k €	-35.2%	310,0 k €	-16.1%	369,5 k €	-67.5%	1,1 M €	-13.3%	1,3 M €	-31.2%	1,9 M €
EBITDA	59,7 k €	+72.3%	34,7 k €	-75.8%	143,3 k €	-12.0%	162,9 k €	-30.3%	233,7 k €	+598%	33,5 k €	-37.5%	53,6 k €
Operating result	37,4 k €	+165%	14,1 k €	-89.8%	139,0 k €	-14.7%	162,9 k €	-3.7%	169,2 k €	+906%	-21,0 k €	-19.2%	-17,6 k €
Net result	26,0 k €	+12406%	207,7 €	-99.8%	94,1 k €	-12.9%	108,0 k €	+21.9%	88,6 k €	+380%	-31,7 k €	+1.3%	-32,1 k €
Balance sheet
Equity	45,2 k €	+135%	19,2 k €	+1.1%	19,0 k €	-87.4%	151,4 k €	+249%	43,4 k €	+196%	-45,2 k €	-234%	-13,5 k €
Total assets	835,8 k €	-9.9%	928,0 k €	-16.5%	1,1 M €	-33.3%	1,7 M €	-22.0%	2,1 M €	+4.7%	2,0 M €	+10.4%	1,8 M €
Cash	54,2 k €	+108%	26,0 k €	-88.0%	217,7 k €	-54.3%	476,6 k €	+547%	73,7 k €	-61.2%	189,9 k €	+8.1%	175,7 k €
Debts	790,6 k €	-13.0%	908,8 k €	-16.8%	1,1 M €	-27.9%	1,5 M €	-27.6%	2,1 M €	+0.3%	2,1 M €	+12.1%	1,9 M €
Other
Workforce	–		2,0 ETP	-13.0%	2,3 ETP		–		15,2 ETP	-21.2%	19,3 ETP	+16.3%	16,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 3 active · 5 ended

Active mandates

Annick Pauwels

Director · since 01 janvier 2024

Active

Kristof Van Eycken

Director · since 01 janvier 2024

Active

Patrick Meuwissen

Director · until 30 juin 2024

Active

Ended mandates

Jeffrey Van Vyve

Director · since 05 juin 2020 · until 01 mars 2021

Ended

Nicolas Mulders

Manager · since 04 janvier 2018

Ended

Patrick Meuwissen

Manager · since 04 janvier 2018

Ended

Jeffrey Van Vyve

Director

Ended

At this address

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OFFICE26● Active	0656.865.885
PIBIOC● Active	0726.442.205
Sentrix● Active	1021.840.857
SERSO● Active	0899.100.423
VIVSUR● Liquidation	0866.806.846
Yazaki Europe Middle East Africa● Active	0787.626.142

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/01/2026	08/04/2025	26/02/2024	19/01/2023	27/01/2022	29/01/2021
General meeting	31/12/2025	31/12/2024	31/12/2023	30/12/2022	30/12/2021	30/12/2020
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

7 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	31/12/2025	29/01/2026	Dutch	PDF
Abridged model	30/06/2024	31/12/2024	08/04/2025	Dutch	PDF
Abridged model	30/06/2023	31/12/2023	26/02/2024	Dutch	PDF
Abridged model	30/06/2022	30/12/2022	19/01/2023	Dutch	PDF
Abridged model	30/06/2021	30/12/2021	27/01/2022	Dutch	PDF
Abridged model	30/06/2020	30/12/2020	29/01/2021	Dutch	PDF
Abridged model	30/06/2019	31/12/2019	31/01/2020	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 3 active · 5 ended

Active mandates

Annick Pauwels

Director · since 01 janvier 2024

Active

Kristof Van Eycken

Director · since 01 janvier 2024

Active

Patrick Meuwissen

Director · until 30 juin 2024

Active

Ended mandates

Jeffrey Van Vyve

Director · since 05 juin 2020 · until 01 mars 2021

Ended

Nicolas Mulders

Manager · since 04 janvier 2018

Ended

Patrick Meuwissen

Manager · since 04 janvier 2018

Ended

Jeffrey Van Vyve

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/12/2024
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/04/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/12/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/04/2021
ONTSLAGEN - BENOEMINGEN
PDF
Registered office16/07/2020
MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
PDF
Mandates01/07/2020
ONTSLAGEN - BENOEMINGEN
PDF
Other08/01/2018
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

2025
Annual accounts 202526,0 k €↑
2024
Annual accounts 2024207,7 €↓
2023
Annual accounts 202394,1 k €↓
2022
Annual accounts 2022108,0 k €↑
2021
Annual accounts 202188,6 k €↑
2020
Annual accounts 2020-31,7 k €↑
2019
Annual accounts 2019-32,1 k €
04/01/2018
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

DEVSO

Overview

What does DEVSO do?

Trend over 7 financial years

Indicative valuation

Board of directors

Other companies at this address

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