ACTIVE

Devray

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Financial year 2025 · closed on 31/12/2025
Net result
28,5 k €
-28.0% YoY
Gross margin
567,3 k €
-4.8% YoY
Equity
585,3 k €
+5.1% YoY
Workforce
8,4 ETP
+18.3% YoY

What does Devray do?

Devray is a Private limited company incorporated in 2023. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Tournai. It employs on average 8,4 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 1003.934.657
Incorporation
27/12/2023
Legal form
Private limited company
Registered office
Quai Donat Casterman(TOU) 65 box A
7500 Tournai · WallonieSee on map
Contributed capital
19 403,02 €
Latest accounts
31/12/2025
Average workforce
8,4 ETP
Activities (NACE)
25110Manufacture of metal structures and parts of structures· main25110Manufacture of metal structures and parts of structures25530Forging, pressing, stamping and roll-forming of metal; powder metallurgy25620Machining25120Manufacture of doors and windows of metal25120Manufacture of doors and windows of metal+6
Joint committees (2)
  • 111
  • 209
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 2 financial years

20252024
Income statement
Gross margin567,3 k €595,8 k €
EBITDA110,6 k €159,6 k €
Operating result41,2 k €70,0 k €
Net result28,5 k €39,6 k €
Balance sheet
Equity585,3 k €556,8 k €
Total assets894,2 k €887,4 k €
Cash363,1 k €196,8 k €
Debts308,8 k €330,6 k €
Other
Workforce8,4 ETP7,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

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

Active mandates

INVESTEEL

Director · 0827.967.155

Represented by Gauthier Devray

Active
At this address

Other companies at this address

CompanyCBE no.
Tournai-Béton● Active
0402.517.435
Annual accounts

Full financial information

20252024
Type of accountAbridged modelAbridged model
Start of the financial year01/01/202527/12/2023
Closing of the financial year31/12/202531/12/2024
Length of the financial year12 months13 months
Filing date21/05/202617/06/2025
General meeting27/04/202628/04/2025
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

2 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202527/04/202621/05/2026FrenchPDF
Abridged model31/12/202428/04/202517/06/2025FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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

INVESTEEL

Director · 0827.967.155

Represented by Gauthier Devray

Active
Shareholders

Ownership and network

Looking for more information about this company?

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/07/2024
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Other08/01/2024
    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 202528,5 k €↓
  2. 2024
    Annual accounts 202439,6 k €
  3. 27/12/2023
    IncorporationPrivate limited company