ACTIVE

DIVAR

Financial year 2025 · closed on 31/05/2025
Net result
663,4 k €
+11.3% YoY
Gross margin
3,4 M €
Equity
382,5 k €
-79.5% YoY
Workforce
46,4 ETP
-3.3% YoY

What does DIVAR do?

DIVAR is a Private limited company incorporated in 2009. Its main activity is: Retail sale in non-specialised stores with food, beverages or tobacco predominating. Its registered office is in Maldegem. It employs on average 46,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0819.536.271
Incorporation
12/10/2009
Legal form
Private limited company
Registered office
Sint Barbarastraat 23
9990 Maldegem · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/05/2025
Average workforce
46,4 ETP
Joint committees (8)
  • 119
  • 11901
  • 119010
  • 11903
  • 119030
  • 201
  • 20201
  • 202010
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220182017201620152014201320122011
Income statement
Gross margin3,4 M €2 M €1,4 M €-35,6 k €-1,3 k €4,2 k €-1,2 k €-1,3 k €-634,9 €
EBITDA925,7 k €849,9 k €363,2 k €2 M €612 k €265 k €-183,5 k €-1,8 k €3,5 k €-1,8 k €-1,8 k €-1,6 k €
Operating result802,3 k €736 k €240 k €1,8 M €481,2 k €147,9 k €-218,1 k €-1,8 k €3,5 k €-1,8 k €-1,8 k €-1,6 k €
Net result663,4 k €595,9 k €173,3 k €1,4 M €418 k €118,1 k €-230 k €-2,2 k €3,2 k €-2,2 k €-2,4 k €-2,3 k €
Balance sheet
Equity382,5 k €1,9 M €1,5 M €1,4 M €94,7 k €-99,2 k €-217,3 k €12,6 k €14,8 k €11,6 k €13,9 k €16,3 k €
Total assets3,4 M €5,1 M €5,2 M €5,6 M €5,1 M €3,4 M €3,4 M €108,5 k €23,8 k €23,8 k €17,7 k €16,4 k €
Cash961,3 k €727,5 k €1,1 M €1,8 M €641,1 k €421,4 k €114,2 k €
Debts2,6 M €2,6 M €2,7 M €2,8 M €3,5 M €2 M €2,1 M €95,9 k €9 k €12,1 k €3,9 k €148,6 €
Other
Workforce46,4 ETP48,0 ETP44,1 ETP45,2 ETP37,2 ETP27,7 ETP3,0 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 31/05/2025 · 3 active · 10 ended

Active mandates

De Secretarisvogel

Director · since 29 mai 2020 · 0747.752.214

Represented by Stephanie VAN RENTERGHEM

Active
DIVAR INVEST

Director · since 02 avril 2020 · 0745.793.507

Represented by Dieter VAN RENTERGHEM

Active
RIDO

Director · since 12 octobre 2009 · 0883.767.196

Represented by Rik VAN RENTERGHEM

Active

Ended mandates

De Secretarisvogel

Director · since 02 avril 2020 · 0747.752.214

Represented by Stéphanie VAN RENTERGHEM

Ended
De Secretarisvogel

Director · since 02 avril 2020 · 0747.752.214

Represented by Stéphanie VAN RENTERGHEM

Ended
DIVAR INVEST

Director · since 02 avril 2020 · 0745.793.507

Represented by Dieter VAN RENTERGHEM

Ended
RIDO

Manager · since 12 octobre 2009 · 0883.767.196

Represented by Rik Van Renterghem

Ended
At this address

Other companies at this address

CompanyCBE no.
0747.752.214
DIVAR INVESTActive
0745.793.507
Annual accounts

Full financial information

202520242023202220202019
Type of accountAbridged modelFull modelFull modelFull modelFull modelAbridged model
Start of the financial year01/06/202401/06/202301/06/202201/07/202001/07/201901/07/2018
Closing of the financial year31/05/202531/05/202431/05/202331/05/202230/06/202030/06/2019
Length of the financial year12 months12 months12 months23 months12 months12 months
Filing date29/12/202524/12/202427/12/202320/12/202228/01/202120/02/2020
General meeting29/11/202519/12/202422/12/202326/11/202230/12/202027/12/2019
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/05/202529/11/202529/12/2025DutchPDF
Full model31/05/202419/12/202424/12/2024DutchPDF
Full model31/05/202322/12/202327/12/2023DutchPDF
Full model31/05/202226/11/202220/12/2022DutchPDF
Full model30/06/202030/12/202028/01/2021DutchPDF
Abridged model30/06/201927/12/201920/02/2020DutchPDF
Abridged model30/06/201830/01/201931/01/2019DutchPDF
Abridged model30/06/201731/01/201831/01/2018DutchPDF
Abridged model30/06/201630/01/201701/02/2017DutchPDF
Abridged model30/06/201526/12/201507/01/2016DutchPDF
Abridged model30/06/201426/12/201430/12/2014DutchPDF
Abridged model30/06/201327/12/201307/01/2014DutchPDF
Abridged model30/06/201228/12/201203/01/2013DutchPDF
Abridged model30/06/201130/12/201131/01/2012DutchPDF
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 31/05/2025 · 3 active · 10 ended

Active mandates

De Secretarisvogel

Director · since 29 mai 2020 · 0747.752.214

Represented by Stephanie VAN RENTERGHEM

Active
DIVAR INVEST

Director · since 02 avril 2020 · 0745.793.507

Represented by Dieter VAN RENTERGHEM

Active
RIDO

Director · since 12 octobre 2009 · 0883.767.196

Represented by Rik VAN RENTERGHEM

Active

Ended mandates

De Secretarisvogel

Director · since 02 avril 2020 · 0747.752.214

Represented by Stéphanie VAN RENTERGHEM

Ended
De Secretarisvogel

Director · since 02 avril 2020 · 0747.752.214

Represented by Stéphanie VAN RENTERGHEM

Ended
DIVAR INVEST

Director · since 02 avril 2020 · 0745.793.507

Represented by Dieter VAN RENTERGHEM

Ended
RIDO

Manager · since 12 octobre 2009 · 0883.767.196

Represented by Rik Van Renterghem

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/07/2021
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates20/08/2020
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates22/09/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office19/01/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other21/10/2009
    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

Timeline

  1. 2025
    Annual accounts 2025663,4 k €
  2. 2024
    Annual accounts 2024595,9 k €
  3. 2023
    Annual accounts 2023173,3 k €
  4. 2022
    Annual accounts 20221,4 M €
  5. 2018
    Annual accounts 2018418 k €
  6. 2017
    Annual accounts 2017118,1 k €
  7. 2016
    Annual accounts 2016-230 k €
  8. 2015
    Annual accounts 2015-2,2 k €
  9. 2014
    Annual accounts 20143,2 k €
  10. 2013
    Annual accounts 2013-2,2 k €
  11. 2012
    Annual accounts 2012-2,4 k €
  12. 2011
    Annual accounts 2011-2,3 k €
  13. 12/10/2009
    IncorporationPrivate limited company