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Devroye Instruments

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Financial year 2025 · closed on 31/12/2025
Net result
512,0 k €
-15.2% YoY
Gross margin
1,7 M €
+5.6% YoY
Equity
1,1 M €
-25.6% YoY
Workforce
8,7 ETP
+10.1% YoY

What does Devroye Instruments do?

Devroye Instruments is a Private limited company incorporated in 2021. Its main activity is: Wholesale of pharmaceutical goods. Its registered office is in Etterbeek. It employs on average 8,7 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0778.697.192
Incorporation
16/12/2021
Legal form
Private limited company
Registered office
Avenue de Tervueren 34
1040 Etterbeek · BruxellesSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Average workforce
8,7 ETP
Activities (NACE)
46460Wholesale of pharmaceutical goods· main46460Wholesale of pharmaceutical goods26600Manufacture of irradiation, electromedical and electrotherapeutic equipment26600Manufacture of irradiation, electromedical and electrotherapeutic equipment77225Rental of video tapes and disks77295Rental and leasing of other personal and household goods
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin1,7 M €1,6 M €1,2 M €736,5 k €
EBITDA896,9 k €931,9 k €686,7 k €464,3 k €
Operating result757,3 k €824,3 k €669,8 k €459,1 k €
Net result512,0 k €603,5 k €503,2 k €340,3 k €
Balance sheet
Equity1,1 M €1,4 M €843,6 k €340,3 k €
Total assets1,7 M €2,2 M €1,3 M €722,9 k €
Cash793,9 k €1,3 M €1,0 M €630,7 k €
Debts625,0 k €742,3 k €442,1 k €382,6 k €
Other
Workforce8,7 ETP7,9 ETP6,1 ETP0,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

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

Active mandates

Jean DEVROYE

Director · since 16 décembre 2021

Active
At this address

Other companies at this address

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HEALTHCARE COMPLIANCE PACKAGING COUNCIL OF EUROPE ASS. INTERNATIONALE● Active
0866.151.404
Iovine's Gent● Bankrupt
0669.976.030
Pierre Moërynck avocat● Active
0508.560.310
Syndicat European des Récupérateurs et Rénovateurs de Containers et Drums● Active
0693.831.595
Annual accounts

Full financial information

2025202420232022
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202315/12/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months13 months
Filing date15/07/202629/08/202505/08/202424/07/2023
General meeting15/06/202627/08/202515/07/202427/06/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/06/202615/07/2026FrenchPDF
Abridged model31/12/202427/08/202529/08/2025FrenchPDF
Abridged model31/12/202315/07/202405/08/2024FrenchPDF
Abridged model31/12/202227/06/202324/07/2023FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

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

Jean DEVROYE

Director · since 16 décembre 2021

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates04/12/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION
    PDF
  • Registered office27/09/2022
    SIEGE SOCIAL
    PDF
  • Other20/12/2021
    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 2025512,0 k €↓
  2. 2024
    Annual accounts 2024603,5 k €↑
  3. 2024
    Name changeDEVROYE INSTRUMENTS
  4. 2023
    Annual accounts 2023503,2 k €↑
  5. 2022
    Annual accounts 2022340,3 k €
  6. 2022
    Name changeDEVROYE INSTRUMENTS BELGIUM
  7. 16/12/2021
    IncorporationPrivate limited company