ACTIVE

VANDENBORRE - DEVOS

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Financial year 2025 · closed on 31/12/2025
Net result
109,4 k €
+54.4% YoY
Gross margin
187,6 k €
+41.4% YoY
Equity
654,7 k €
+20.1% YoY

What does VANDENBORRE - DEVOS do?

VANDENBORRE - DEVOS is a Private limited company incorporated in 2009. Its main activity is: Activities of holding companies. Its registered office is in Kortrijk.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0821.710.358
Incorporation
14/12/2009
Legal form
Private limited company
Registered office
Burgemeester Margostraat(Aal) 25E
8511 Kortrijk · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies43221Plumbing, heat and air-conditioning installation43221Plumbing, heat and air-conditioning installation43222Plumbing, heat and air-conditioning installation43222Plumbing, heat and air-conditioning installation
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 margin187,6 k €132,7 k €192,2 k €221,2 k €160 k €146,9 k €106,8 k €115,6 k €109,9 k €112,8 k €
EBITDA182,6 k €128,2 k €187,7 k €216,7 k €148,9 k €142,3 k €102,7 k €111,8 k €107,4 k €111 k €
Operating result153,5 k €97,8 k €154,3 k €180,7 k €112,8 k €102,6 k €60,3 k €68,4 k €64,6 k €56,5 k €
Net result109,4 k €70,9 k €107,9 k €125,1 k €77 k €71,6 k €40,2 k €46,6 k €37,9 k €36,4 k €
Balance sheet
Equity654,7 k €545,3 k €585,3 k €477,4 k €352,3 k €275,3 k €315,4 k €275,3 k €230,8 k €192,9 k €
Total assets727,9 k €708 k €725,7 k €685,4 k €570,1 k €589,3 k €633 k €605,1 k €574,3 k €596,1 k €
Cash229,7 k €39,7 k €262,9 k €243 k €25,1 k €19,8 k €10,1 k €102,4 k €64,9 k €46,5 k €
Debts73,2 k €162,7 k €140,5 k €208 k €217,8 k €314 k €317,6 k €329,8 k €343,5 k €403,2 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Christine Devos

Director · since 30 juin 2016

Active
Gilles Vandenborre

Director · since 30 juin 2016

Active

Ended mandates

Christine DEVOS

Director

Ended
Christine DEVOS

Manager

Ended
Gilles VANDENBORRE

Director

Ended
Gilles VANDENBORRE

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 date20/08/202614/08/202531/07/202401/09/202330/07/202202/08/2021
General meeting05/06/202630/06/202507/06/202402/06/202303/06/202204/06/2021
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 model31/12/202505/06/202620/08/2026DutchPDF
Micro model31/12/202430/06/202514/08/2025DutchPDF
Micro model31/12/202307/06/202431/07/2024DutchPDF
Micro model31/12/202202/06/202301/09/2023DutchPDF
Micro model31/12/202103/06/202230/07/2022DutchPDF
Micro model31/12/202004/06/202102/08/2021DutchPDF
Micro model31/12/201930/06/202003/08/2020DutchPDF
Micro model31/12/201807/06/201902/08/2019DutchPDF
Micro model31/12/201701/06/201831/07/2018DutchPDF
Micro model31/12/201602/06/201729/07/2017DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 2 active · 4 ended

Active mandates

Christine Devos

Director · since 30 juin 2016

Active
Gilles Vandenborre

Director · since 30 juin 2016

Active

Ended mandates

Christine DEVOS

Director

Ended
Christine DEVOS

Manager

Ended
Gilles VANDENBORRE

Director

Ended
Gilles VANDENBORRE

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates23/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office25/08/2016
    MAATSCHAPPELIJKE ZETEL - DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates17/02/2014
    BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other05/01/2010
    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 2025109,4 k €↑
  2. 2024
    Annual accounts 202470,9 k €↓
  3. 2023
    Annual accounts 2023107,9 k €↓
  4. 2022
    Annual accounts 2022125,1 k €↑
  5. 2021
    Annual accounts 202177 k €↑
  6. 2020
    Annual accounts 202071,6 k €↑
  7. 2019
    Annual accounts 201940,2 k €↓
  8. 2018
    Annual accounts 201846,6 k €↑
  9. 2017
    Annual accounts 201737,9 k €↑
  10. 2016
    Annual accounts 201636,4 k €
  11. 14/12/2009
    IncorporationPrivate limited company