Active · per the CBE, 29 October 2026

DEVAN

BE0434542380

Rechtspersoon Private limited company 2 establishments

DEVAN is a logistics company in Ingelmunster. Private Limited, started on 14 June 1988, 2 establishments.

Nijverheidstraat 2A, 8770 Ingelmunster

Behind the company: Frank Vandenpanhuyzen, Veda NV.

Active for

38 year, 4 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.

  • Busy address KBO

    22 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

DEVAN from Ingelmunster, company number BE0434542380, closed financial year 2025 with a result of € 183,815 after tax. For that financial year DEVAN recorded a gross margin of € 1.2 million and equity of € 547,618. Compared with financial year 2024, the result moved from € 320,424 to € 183,815. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 20, 2026.

What it is worth Healthy

€ 547,618

▼ 44% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 183,815

▼ 43% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 130,015

▼ 58% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 611,185 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

19

▲ 1.9 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 716,661

▲ 19% vs 2024

€ 37,700 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.

Vehicles and equipment

€ 54,351

▼ 33% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go

€ 152,507

▼ 36% vs 2024

€ 60,102 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 573,663

▲ 14% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 117,865

▼ 17% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 1,187,997 € 1,183,303 € 1,254,116 € 1,180,438 ▼ 6%
Profit after taxes € 320,721 € 259,946 € 320,424 € 183,815 ▼ 43%
Equity € 878,866 € 891,167 € 976,904 € 547,618 ▼ 44%
Total debts € 1,339,613 € 1,449,629 € 1,258,306 € 1,599,979 ▲ 27%
Cash € 280,845 € 337,138 € 311,311 € 130,015 ▼ 58%
Retained profit € 837,637 € 852,201 € 939,975 € 512,605 ▼ 45%
Dividend € 268,821 € 245,382 € 232,650 € 611,185 ▲ 163%
Bank debt € 286,531 € 308,623 € 239,922 € 152,507 ▼ 36%
Balance sheet total € 2,218,479 € 2,340,797 € 2,235,210 € 2,147,597 ▼ 4%
Employees (FTE) 14.9 17.4 17.1 19 ▲ 1.9

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 € 183,815 (▼ 43% vs 2024). Source: NBB ↗
  • New establishment in Holsbeek. KBO
  • New establishment in Leuven. KBO
  • Start of the company according to the CBE. KBO

In short

From € 320,721 profit in 2022 to € 183,815 profit in 2025.

Paid € 425,076 in corporate taxes since 2022.

Best year ever: 2022, with € 320,721 profit.

On average € 62,100 of value added per employee in 2025.

Management

Frank Vandenpanhuyzen Veda NV
DEVAN
+22

Behind DEVAN are Frank Vandenpanhuyzen and Veda NV. Veda NV is also behind BEST, S.D.D., WILMAR, Marcan and UNICOL.

Directors

According to the 2025 annual accounts

Frank Vandenpanhuyzen

Director

Veda NV

Director · represented by Paul Vanhonsebrouck

Also active at: BEST, S.D.D., WILMAR, Marcan, UNICOL, LENDAL, DE VLEESUNIE, Theuco +17 more

Establishments

Establishment units

Physical locations of this company

Registered office

Nijverheidstraat 2A

8770 Ingelmunster

2.038.874.672

Pastorijweg 1

3012 Leuven

Active since 25 April 1989

2.258.720.818

Pleinstraat 53

3220 Holsbeek

Active since 3 November 2016

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0434.542.380
VAT number
BE 0434.542.380
Registered office
Nijverheidstraat 2A, 8770 Ingelmunster
Names & denominations
DEVAN
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
14 June 1988
Peppol
Active · Active since 30 Sept 2025
Activities · NACE

Detailhandel in vlees en vleeswaren

Detailhandel in vlees en vleesproducten, muv vlees van wild en van gevogelte

Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen

Niet-gespecialiseerde detailhandel in algemene voedingsmiddelen (verkoopsoppervlakte minder dan 100 m2)

Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)

Frequently asked questions

What does DEVAN do?
DEVAN is a logistics company in Ingelmunster. Private Limited, started on 14 June 1988, 2 establishments.
What is the address of DEVAN?
The registered office of DEVAN is located at Nijverheidstraat 2A, 8770 Ingelmunster.
Is DEVAN still active?
Yes. According to the CBE (29 October 2026) DEVAN is active, legal situation “Normale toestand”, started on 14 June 1988.
Is DEVAN registered on Peppol?
Yes, DEVAN is registered on the Peppol network with ID 0208:0434542380.
What is the enterprise number of DEVAN?
The enterprise number of DEVAN is BE0434542380.
When was DEVAN founded?
DEVAN was founded on 14 June 1988.