Active · per the CBE, 29 October 2026

DEVELTERE

BE0453977321

Rechtspersoon Private limited company 1 establishment

DEVELTERE is registered with the CBE as active in: Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair. Private Limited, started on 16 December 1994, 1 establishment.

Ledegemstraat 77-79, 8890 Moorslede

Behind the company: Steniema NV, Devaco BV.

Active for

31 year, 10 months

Financials

Financial year 2025

DEVELTERE from Moorslede, company number BE0453977321, closed financial year 2025 with a result of € 195,495 after tax. For that financial year DEVELTERE recorded a gross margin of € 708,360 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 234,306 to € 195,495. 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 August 28, 2026.

What it is worth Growing

€ 1.3 million

▲ 3% vs 2024

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

Profit Healthy

€ 195,495

▼ 17% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 188,534

▼ 17% vs 2024

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

Where the profit goes Pays out

€ 160,000 paid out

82 % of the profit went to the shareholders, mostly to STENIEMA (99 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

3

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

Wage cost

€ 268,202

▲ 11% vs 2024

€ 89,400 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

€ 236,600

▼ 11% vs 2024

Of which on lease € 158,592.

Debts at end 2025

Bank debt ≈ 2 years to go

€ 688,073

▲ 42% vs 2024

€ 232,981 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 165,018

▲ 48% vs 2024

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

Wages and social charges

€ 18,921

▼ 36% vs 2024

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 829,075 € 803,572 € 681,608 € 708,360 ▲ 4%
Profit after taxes € 336,545 € 306,280 € 234,306 € 195,495 ▼ 17%
Equity € 1,053,745 € 1,200,025 € 1,274,332 € 1,309,826 ▲ 3%
Total debts € 1,626,867 € 1,187,235 € 963,019 € 1,033,723 ▲ 7%
Cash € 337,181 € 292,081 € 226,263 € 188,534 ▼ 17%
Land & buildings € 141,956 € 90,981 € 44,061 € 21,537 ▼ 51%
Retained profit € 993,745 € 1,140,025 € 1,214,332 € 1,249,826 ▲ 3%
Dividend € 280,000 € 160,000 € 160,000 € 160,000
Bank debt € 1,002,211 € 615,466 € 485,048 € 688,073 ▲ 42%
Balance sheet total € 2,680,612 € 2,387,260 € 2,237,351 € 2,343,550 ▲ 5%
Employees (FTE) 4.1 3.3 3 3

Key figures of DEVELTERE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to DEVELTERE?

What happened at DEVELTERE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 195,495 (▼ 17% vs 2024). filed late Source: NBB ↗
  • Steniema NV became a director. NBB
  • Devaco BV became a director. NBB
  • New establishment in Moorslede. KBO
  • Start of the company according to the CBE. KBO

In short

From € 336,545 profit in 2022 to € 195,495 profit in 2025.

Paid € 354,031 in corporate taxes since 2022.

Best year ever: 2022, with € 336,545 profit.

On average € 236,100 of value added per employee in 2025.

Management

The stake of STENIEMA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

DEVELTERE

Behind DEVELTERE are Steniema NV and Devaco BV. The shares are held by STENIEMA (99%).

Directors

According to the 2025 annual accounts

Steniema NV

Director · represented by Lieven Maes

since 2020

Devaco BV

Director · represented by Niels Decapmaker

Also active at: STENIEMA

since 2020

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Ledegemstraat 77-79

8890 Moorslede

2.069.732.550

Ledegemsestraat 77 7

8890 Moorslede

Active since 29 October 2001

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

Details

Company number
0453.977.321
VAT number
BE 0453.977.321
Registered office
Ledegemstraat 77-79, 8890 Moorslede
Names & denominations
DEVELTERE
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
16 December 1994
Peppol
Active · Active since 1 Jan 2001
Activities · NACE

Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair

Groothandel in bouwmaterialen, algemeen assortiment

Goederenvervoer over de weg

Frequently asked questions

What does DEVELTERE do?
DEVELTERE is registered with the CBE as active in: Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair. Private Limited, started on 16 December 1994, 1 establishment.
What is the address of DEVELTERE?
The registered office of DEVELTERE is located at Ledegemstraat 77-79, 8890 Moorslede.
Is DEVELTERE still active?
Yes. According to the CBE (29 October 2026) DEVELTERE is active, legal situation “Normale toestand”, started on 16 December 1994.
Is DEVELTERE registered on Peppol?
Yes, DEVELTERE is registered on the Peppol network with ID 0208:0453977321.
What is the enterprise number of DEVELTERE?
The enterprise number of DEVELTERE is BE0453977321.
When was DEVELTERE founded?
DEVELTERE was founded on 16 December 1994.