What does DEVOTEAM do?

DEVOTEAM is an IT company in Machelen (Brab.). Public Limited, started on 19 July 1999, 1 establishment.

What is the address of DEVOTEAM?

The registered office of DEVOTEAM is located at Culliganlaan 3, 1831 Machelen (Brab.).

Is DEVOTEAM still active?

Yes. According to the CBE (29 October 2026) DEVOTEAM is active, legal situation “Normale toestand”, started on 19 July 1999.

Is DEVOTEAM registered on Peppol?

Yes, DEVOTEAM is registered on the Peppol network with ID 0208:0466475275.

What is the enterprise number of DEVOTEAM?

The enterprise number of DEVOTEAM is BE0466475275.

When was DEVOTEAM founded?

DEVOTEAM was founded on 19 July 1999.

Who are the directors of DEVOTEAM?

According to the 2025 annual accounts, the directors of DEVOTEAM are: Sebastien Chevrel, Buca GCV, Martijn van Veen.

Is DEVOTEAM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 July 1999; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did DEVOTEAM make in 2025?

DEVOTEAM recorded a loss after taxes of € 1,512,430 in financial year 2025.

What is the revenue of DEVOTEAM?

In its most recent annual accounts (2025), DEVOTEAM reported revenue of € 50,988,639.

How much does an employee at DEVOTEAM earn?

The average wage cost per full-time employee at DEVOTEAM was € 102,200 in 2025: staff costs of € 33.9 million for 332 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does DEVOTEAM have?

According to the 2025 annual accounts, DEVOTEAM has 332 full-time equivalents (FTE).

DEVOTEAM (Public Limited) - Machelen (Brab.)

Dossier DEVOTEAM, printed on 29 October 2026 from databakkes.be/en/0466475275/devoteam. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

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

Two loss years in a row NBB

Negative result in 2024 and 2025.
Shrinking team NBB

FTE fell two years in a row, from 379.6 to 332.

Financials

Financial year 2025

DEVOTEAM from Machelen (Brab.), company number BE0466475275, closed financial year 2025 with a result of € -1.5 million after tax. For that financial year DEVOTEAM recorded revenue of € 51 million and equity of € 5.6 million. Compared with financial year 2024, the result moved from € -352,240 to € -1.5 million. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 16, 2026.

What it is worth Healthy

€ 5.6 million

▼ 21% vs 2024

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

Loss Caution

€ -1.5 million

▼ 329 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 878,973

▼ 76% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -525,142.

People and assets in 2025

Full-time equivalents

332

▼ 17.4 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 11.9 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 33.9 million

▼ 1% vs 2024

€ 102,200 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

€ 16,574

▼ 48% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 4.7 million

▼ 28% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 82 days on average.

Taxes and wages

€ 5.1 million

▼ 36% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 65,146,067 Revenue 2022: € 65,146,067 First fiscal year in the series	€ 65,629,938 Revenue 2023: € 65,629,938 ▲ 1% vs 2022 (€ 65,146,067) Favourable step	€ 55,491,498 Revenue 2024: € 55,491,498 ▼ 15% vs 2023 (€ 65,629,938) Unfavourable step	€ 50,988,639 Revenue 2025: € 50,988,639 ▼ 8% vs 2024 (€ 55,491,498) Unfavourable step	▼ 8%
Profit after taxes	€ 3,034,634 Profit after taxes 2022: € 3,034,634 First fiscal year in the series	€ 1,123,575 Profit after taxes 2023: € 1,123,575 ▼ 63% vs 2022 (€ 3,034,634) Unfavourable step	€ -352,240 Profit after taxes 2024: € -352,240 ▼ € 1.5 million vs 2023 (€ 1,123,575) Unfavourable step	€ -1,512,430 Profit after taxes 2025: € -1,512,430 ▼ € 1.2 million vs 2024 (€ -352,240) Unfavourable step	▼ € 1.2 million
Equity	€ 7,481,029 Equity 2022: € 7,481,029 First fiscal year in the series	€ 7,504,603 Equity 2023: € 7,504,603 Unchanged (€ 7,481,029) Favourable step	€ 7,152,363 Equity 2024: € 7,152,363 ▼ 5% vs 2023 (€ 7,504,603) Unfavourable step	€ 5,639,934 Equity 2025: € 5,639,934 ▼ 21% vs 2024 (€ 7,152,363) Unfavourable step	▼ 21%
Total debts	€ 28,752,609 Total debts 2022: € 28,752,609 First fiscal year in the series	€ 21,123,542 Total debts 2023: € 21,123,542 ▼ 27% vs 2022 (€ 28,752,609) Favourable step	€ 18,682,520 Total debts 2024: € 18,682,520 ▼ 12% vs 2023 (€ 21,123,542) Favourable step	€ 12,307,809 Total debts 2025: € 12,307,809 ▼ 34% vs 2024 (€ 18,682,520) Favourable step	▼ 34%
Cash	€ 6,882,309 Cash 2022: € 6,882,309 First fiscal year in the series	€ 3,806,905 Cash 2023: € 3,806,905 ▼ 45% vs 2022 (€ 6,882,309) Unfavourable step	€ 3,662,209 Cash 2024: € 3,662,209 ▼ 4% vs 2023 (€ 3,806,905) Unfavourable step	€ 878,973 Cash 2025: € 878,973 ▼ 76% vs 2024 (€ 3,662,209) Unfavourable step	▼ 76%
Retained profit	€ 1,315,953 Retained profit 2022: € 1,315,953 First fiscal year in the series	€ 1,339,528 Retained profit 2023: € 1,339,528 ▲ 2% vs 2022 (€ 1,315,953) Favourable step	€ 987,288 Retained profit 2024: € 987,288 ▼ 26% vs 2023 (€ 1,339,528) Unfavourable step	€ -525,142 Retained profit 2025: € -525,142 ▼ € 1.5 million vs 2024 (€ 987,288) Unfavourable step	▼ € 1.5 million
Dividend	€ 9,000,000 Dividend 2022: € 9,000,000 First fiscal year in the series	€ 1,100,000 Dividend 2023: € 1,100,000 ▼ 88% vs 2022 (€ 9,000,000) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 1,100,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 36,620,257 Balance sheet total 2022: € 36,620,257 First fiscal year in the series	€ 29,276,098 Balance sheet total 2023: € 29,276,098 ▼ 20% vs 2022 (€ 36,620,257) Unchanged	€ 26,152,366 Balance sheet total 2024: € 26,152,366 ▼ 11% vs 2023 (€ 29,276,098) Unchanged	€ 17,972,743 Balance sheet total 2025: € 17,972,743 ▼ 31% vs 2024 (€ 26,152,366) Unchanged	▼ 31%
Employees (FTE)	362.9 Employees (FTE) 2022: 362.9 First fiscal year in the series	379.6 Employees (FTE) 2023: 379.6 ▲ 16.7 vs 2022 (362.9) Unchanged	349.4 Employees (FTE) 2024: 349.4 ▼ 30.2 vs 2023 (379.6) Unchanged	332 Employees (FTE) 2025: 332 ▼ 17.4 vs 2024 (349.4) Unchanged	▼ 17.4

Key figures of DEVOTEAM, 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 DEVOTEAM?

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

Jun 16, 2026 New annual accounts for financial year 2025: loss of € 1.5 million. Source: NBB ↗
2026 Sebastien Chevrel stepped down as director. NBB
2026 Buca GCV stepped down as director. NBB
2026 Martijn van Veen stepped down as director. NBB
2024 Buca GCV became a director. NBB
2024 Martijn van Veen became a director. NBB
2018 Sebastien Chevrel became a director. NBB
Aug 4, 1999 New establishment in Machelen (Brab.). KBO

In short

From € 3 million profit in 2022 to € 1.5 million loss in 2025.

Paid € 3.1 million in corporate taxes since 2022.

Best year ever: 2022, with € 3 million profit.

Paid out € 10.1 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Devoteam SAS 100%

DEVOTEAM

The shares are held by Devoteam SAS (100%).

Directors

According to the 2025 annual accounts

Sebastien Chevrel

Director

since 2018 · until 2026

Buca GCV

Managing director, Director · represented by Jeremy Bonnevalle

Also active at: Devoteam G Cloud BeLux, Fourcast Group, NESSIE, 42 Immo, 42 Technology Services

since 2024 · until 2026

Martijn van Veen

Director, Managing director

since 2024 · until 2026

Shareholders

Devoteam SAS

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Culliganlaan 3

1831 Machelen (Brab.)

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.

All companies at this address →

Eugène Schmidt en Compagnie

Devoteam G Cloud BeLux same network

€ 13.5 million revenue · 2025

Fourcast Group same network

€ -4,287 gross margin · 2025

BLH OPCo BE 1

€ -365,045 gross margin · 2025

BLH Belgium

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

Details

Company number

0466.475.275

VAT number

BE 0466.475.275

Registered office

Culliganlaan 3, 1831 Machelen (Brab.)

Names & denominations

DEVOTEAM

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

19 July 1999

Peppol

Active · Active since 16 Jan 2026

Activities · NACE

Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten

Computeradviesbureaus

Overige advisering in verband met programmatuur en levering van programmatuur

Computerconsultancy-activiteiten

View on CBE Public ↗ Annual accounts (NBB) ↗

DEVOTEAM

Warning lights

Financials

What happened to DEVOTEAM?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions