Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
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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.
€ 547,618
▼ 44% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 183,815
▼ 43% vs 2024
Profit after tax over the fiscal year.
€ 130,015
▼ 58% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 611,185 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
19
▲ 1.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 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.
€ 54,351
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 152,507
▼ 36% vs 2024
€ 60,102 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 573,663
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 117,865
▼ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 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
Behind DEVAN are Frank Vandenpanhuyzen and Veda NV. Veda NV is also behind BEST, S.D.D., WILMAR, Marcan and UNICOL.
Establishments
Establishment units
Physical locations of this company
Nijverheidstraat 2A
8770 Ingelmunster
Pastorijweg 1
3012 Leuven
Active since 25 April 1989
Pleinstraat 53
3220 Holsbeek
Active since 3 November 2016
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 22 companies are registered at this address.
All companies at this address →BEST same network
€ 1.1 million gross margin · 2025
WILMAR same network
€ 100,366 gross margin · 2025
UNICOL same network
€ 522,108 gross margin · 2025
LENDAL same network
€ 1.8 million gross margin · 2025
Theuco same network
€ 1.1 million gross margin · 2025
+17 more
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
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Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)