ACTIVE

DEVAC

Financial year 2025 · closed on 30/09/2025
Net result
-12,9 k €
-137.1% YoY
Gross margin
-10,5 k €
-119.2% YoY
Equity
106,2 k €
-12.1% YoY

What does DEVAC do?

DEVAC is a Private limited company incorporated in 2018. Its main activity is: Activities of holding companies. Its registered office is in Tielt.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0712.622.376
Incorporation
26/10/2018
Legal form
Private limited company
Registered office
Kasteelstraat 137
8700 Tielt · FlandreSee on map
Contributed capital
18 500,00 €
Latest accounts
30/09/2025
Signals
Solid equityLow riskGood liquidity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin-10,5 k €54,6 k €34,5 k €57,6 k €54,0 k €123,2 k €
EBITDA-12,7 k €52,4 k €32,0 k €55,7 k €52,0 k €58,2 k €
Operating result-14,8 k €50,3 k €14,9 k €39,2 k €34,1 k €27,5 k €
Net result-12,9 k €34,8 k €7,6 k €28,2 k €28,7 k €20,0 k €
Balance sheet
Equity106,2 k €120,8 k €87,7 k €80,2 k €39,7 k €24,6 k €
Total assets149,3 k €178,4 k €167,1 k €129,0 k €117,0 k €102,2 k €
Cash5,9 k €902,0 €10,1 k €5,8 k €8,0 k €2,6 k €
Debts43,0 k €57,6 k €79,4 k €47,4 k €77,2 k €77,2 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 30/09/2025 · 1 active · 1 ended

Active mandates

Christian De Deurwaerder

Director · since 24 novembre 2023

Active

Ended mandates

Christian De Deurwaerder

Administrator - manager · since 26 octobre 2018

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202026/10/2018
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months24 months
Filing date28/03/202612/06/202519/07/202419/04/202304/04/202227/04/2021
General meeting27/03/202628/03/202529/03/202431/03/202325/03/202226/03/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202527/03/202628/03/2026DutchPDF
Micro model30/09/202428/03/202512/06/2025DutchPDF
Micro model30/09/202329/03/202419/07/2024DutchPDF
Micro model30/09/202231/03/202319/04/2023DutchPDF
Micro model30/09/202125/03/202204/04/2022DutchPDF
Micro model30/09/202026/03/202127/04/2021DutchPDF
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 30/09/2025 · 1 active · 1 ended

Active mandates

Christian De Deurwaerder

Director · since 24 novembre 2023

Active

Ended mandates

Christian De Deurwaerder

Administrator - manager · since 26 octobre 2018

Ended
Shareholders

Ownership and network

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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 2025-12,9 k €
  2. 2024
    Annual accounts 202434,8 k €
  3. 2023
    Annual accounts 20237,6 k €
  4. 2022
    Annual accounts 202228,2 k €
  5. 2021
    Annual accounts 202128,7 k €
  6. 2020
    Annual accounts 202020,0 k €
  7. 26/10/2018
    IncorporationPrivate limited company