Financials
Financial year 2025
DEVAN from Kortrijk, company number BE0426594914, closed financial year 2025 with a result of € 711,035 after tax. For that financial year DEVAN recorded a gross margin of € 2 million and equity of € 3.6 million. Compared with financial year 2024, the result moved from € 761,877 to € 711,035. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 31, 2026.
€ 3.6 million
▲ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 711,035
▼ 7% vs 2024
Profit after tax over the fiscal year.
€ 45,551
▼ 83% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3.5 million.
People and assets in 2025
6.4
▲ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 318,862
▲ 19% vs 2024
€ 49,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 19,470
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.4 million
▼ 8% vs 2024
€ 208,582 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 320,468
▲ 66% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 87,362
▲ € 73,383 vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,087,229 | € 1,317,579 | € 1,877,193 | € 1,998,578 | ▲ 6% |
| Profit after taxes | € 656,066 | € 676,253 | € 761,877 | € 711,035 | ▼ 7% |
| Equity | € 1,413,628 | € 2,089,881 | € 2,851,758 | € 3,562,793 | ▲ 25% |
| Total debts | € 1,513,438 | € 1,259,290 | € 2,964,478 | € 2,913,326 | ▼ 2% |
| Cash | € 106,088 | € 130,843 | € 266,790 | € 45,551 | ▼ 83% |
| Land & buildings | € 1,209,117 | € 1,118,681 | € 2,945,678 | € 2,934,669 | |
| Retained profit | € 1,391,070 | € 2,067,323 | € 2,829,199 | € 3,544,193 | ▲ 25% |
| Dividend | € 200,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 1,011,206 | € 923,611 | € 2,586,626 | € 2,383,079 | ▼ 8% |
| Balance sheet total | € 2,927,067 | € 3,349,171 | € 5,828,860 | € 6,485,968 | ▲ 11% |
| Employees (FTE) | 2.6 | 3.5 | 5.3 | 6.4 | ▲ 1.1 |
Key figures of DEVAN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to DEVAN?
What happened at DEVAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 711,035 (▼ 7% vs 2024). filed late Source: NBB ↗
- VABOD BV became a director. NBB
- Jean-Baptiste Van Damme became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 656,066 profit in 2022 to € 711,035 profit in 2025.
Paid € 605,500 in corporate taxes since 2022.
Best year ever: 2024, with € 761,877 profit.
On average € 312,300 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind DEVAN are Jean-Baptiste Van Damme and VABOD BV. Jean-Baptiste Van Damme is also behind LINOPAN INDUSTRIES and VABOD.
Directors
According to the 2025 annual accounts
since 2014
Director · represented by Van DAMME THIBAUT
since 2021
Establishments
Establishment units
Physical locations of this company
Bissegemsestraat(Bis) 207/209
8501 Kortrijk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0426.594.914
- VAT number
- BE 0426.594.914
- Registered office
- Bissegemsestraat(Bis) 207/209, 8501 Kortrijk
- Names & denominations
- DEVAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 December 1984
- Peppol
- Active · Active since 22 Oct 2025
- Activities · NACE
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