ACTIVE

DEVARO

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Financial year 2025 · closed on 31/12/2025

Net result

-9,9 k €

-873.4% YoY

Gross margin

53,0 k €

-39.0% YoY

Equity

155,3 k €

-34.7% YoY

What does DEVARO do?

DEVARO is a Private limited company incorporated in 2008. Its registered office is in Dilbeek.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0898.692.231

Incorporation

20/06/2008

Legal form

Private limited company

Registered office

Smissenbosstraat 50
1700 Dilbeek · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Signals

Solid equityLow riskGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	53,0 k €	-39.0%	86,9 k €	+1201%	-7,9 k €	-107%	108,9 k €	-4.2%	113,7 k €	+16.3%	97,7 k €	-43.6%	173,2 k €	+26.0%	137,5 k €	+327%	32,2 k €	+343%	7,3 k €	+455%	-2,0 k €	-199%	2,1 k €	-93.9%	33,7 k €	+52.8%	22,1 k €	+363%	-8,4 k €	-240%	6,0 k €	-71.6%	21,1 k €
EBITDA	-15,9 k €	-163%	25,3 k €	+134%	-74,9 k €	-2000%	-3,6 k €	-415%	1,1 k €	+137%	-3,0 k €	-104%	78,5 k €	-18.7%	96,5 k €	+244%	28,0 k €	+288%	7,2 k €	+444%	-2,1 k €	-204%	2,0 k €	-94.0%	33,6 k €	+52.6%	22,1 k €	+108%	10,6 k €	+77.3%	6,0 k €	+193%	2,0 k €
Operating result	-21,5 k €	-223%	17,4 k €	+121%	-84,2 k €	-306%	-20,7 k €	-47.2%	-14,1 k €	+22.8%	-18,2 k €	-129%	63,8 k €	-22.4%	82,2 k €	+7266%	-1,1 k €	-134%	3,4 k €	+151%	-6,6 k €	-2009%	-313,4 €	-101%	30,9 k €	+96.4%	15,7 k €	+192%	5,4 k €	+275%	1,4 k €	+1443%	92,9 €
Net result	-9,9 k €	-873%	1,3 k €	-96.9%	41,3 k €	-0.6%	41,5 k €	+49.8%	27,7 k €	+332%	-12,0 k €	-127%	45,0 k €	-32.5%	66,6 k €	+1698%	3,7 k €	+69.2%	2,2 k €	+129%	-7,6 k €	-5821%	132,4 €	-99.2%	15,9 k €	+2396%	636,7 €	-81.4%	3,4 k €	+453%	617,9 €	-49.1%	1,2 k €
Balance sheet
Equity	155,3 k €	-34.7%	237,8 k €	+0.5%	236,6 k €	+21.1%	195,3 k €	+27.0%	153,8 k €	+22.0%	126,1 k €	-8.7%	138,0 k €	+48.3%	93,1 k €	+252%	26,4 k €	+16.3%	22,7 k €	+10.7%	20,5 k €	-26.9%	28,1 k €	+0.5%	28,0 k €	+132%	12,1 k €	+5.6%	11,4 k €	+42.5%	8,0 k €	+8.3%	7,4 k €
Total assets	180,7 k €	-30.8%	261,0 k €	-7.3%	281,6 k €	-2.2%	287,8 k €	-27.1%	394,9 k €	-8.8%	433,0 k €	+93.1%	224,3 k €	+21.0%	185,3 k €	+2.6%	180,7 k €	+95.1%	92,6 k €	+36.4%	67,9 k €	-8.4%	74,1 k €	+8.8%	68,1 k €	+33.9%	50,9 k €	+3.4%	49,2 k €	+60.8%	30,6 k €	-13.2%	35,2 k €
Cash	6,3 k €	-93.7%	100,3 k €	-10.9%	112,6 k €	-29.7%	160,0 k €	+404%	31,7 k €	-0.1%	31,8 k €	-9.3%	35,0 k €	-34.6%	53,6 k €	+75.9%	30,4 k €	-10.8%	34,1 k €	+44.8%	23,6 k €	-29.3%	33,3 k €	+29.1%	25,8 k €	+114%	12,1 k €	-30.5%	17,4 k €	+41.8%	12,3 k €	-46.6%	23,0 k €
Debts	25,4 k €	+9.5%	23,2 k €	-48.5%	45,0 k €	-51.3%	92,5 k €	-61.6%	241,2 k €	-21.4%	306,9 k €	+256%	86,2 k €	-6.5%	92,3 k €	-40.2%	154,3 k €	+121%	69,9 k €	+47.6%	47,3 k €	+2.9%	46,0 k €	+14.6%	40,2 k €	+3.5%	38,8 k €	+2.7%	37,8 k €	+958%	3,6 k €	-59.5%	8,8 k €

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 31/12/2025 · 1 active

Active mandates

Dirk Van Roy

Manager

Active

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/06/2026	11/07/2025	12/07/2024	09/07/2023	23/06/2022	05/07/2021
General meeting	15/06/2026	16/06/2025	15/06/2024	15/06/2023	15/06/2022	15/06/2021
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	15/06/2026	29/06/2026	Dutch	PDF
Micro model	31/12/2024	16/06/2025	11/07/2025	Dutch	PDF
Micro model	31/12/2023	15/06/2024	12/07/2024	Dutch	PDF
Micro model	31/12/2022	15/06/2023	09/07/2023	Dutch	PDF
Micro model	31/12/2021	15/06/2022	23/06/2022	Dutch	PDF
Micro model	31/12/2020	15/06/2021	05/07/2021	Dutch	PDF
Micro model	31/12/2019	15/06/2020	24/06/2020	Dutch	PDF
Micro model	31/12/2018	15/06/2019	30/07/2019	Dutch	PDF
Micro model	31/12/2017	15/06/2018	20/06/2018	Dutch	PDF
Micro model	31/12/2016	15/06/2017	24/07/2017	Dutch	PDF
Abridged model	31/12/2015	15/06/2016	23/06/2016	Dutch	PDF
Abridged model	31/12/2014	15/06/2015	24/06/2015	Dutch	PDF
Abridged model	31/12/2013	16/06/2014	30/06/2014	Dutch	PDF
Abridged model	31/12/2012	15/06/2013	31/07/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	16/06/2012	Dutch	PDF
Abridged model	31/12/2010	15/06/2011	17/06/2011	Dutch	PDF
Abridged model	31/12/2009	15/06/2010	29/07/2010	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 31/12/2025 · 1 active

Active mandates

Dirk Van Roy

Manager

Active

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office20/02/2017
MAATSCHAPPELIJKE ZETEL - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates01/10/2008
ONTSLAGEN - BENOEMINGEN
PDF
Other01/07/2008
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 2025-9,9 k €↓
2024
Annual accounts 20241,3 k €↓
2023
Annual accounts 202341,3 k €↓
2022
Annual accounts 202241,5 k €↑
2021
Annual accounts 202127,7 k €↑
2020
Annual accounts 2020-12,0 k €↓
2019
Annual accounts 201945,0 k €↓
2018
Annual accounts 201866,6 k €↑
2017
Annual accounts 20173,7 k €↑
2016
Annual accounts 20162,2 k €↑
2015
Annual accounts 2015-7,6 k €↓
2014
Annual accounts 2014132,4 €↓
2013
Annual accounts 201315,9 k €↑
2012
Annual accounts 2012636,7 €↓
2011
Annual accounts 20113,4 k €↑
2010
Annual accounts 2010617,9 €↓
2009
Annual accounts 20091,2 k €
20/06/2008
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

DEVARO

Overview

What does DEVARO do?

Trend over 17 financial years

Indicative valuation

Board of directors

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