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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 7.9 to 7.
Financials
Financial year 2025
Devan International Group from Ronse, company number BE0536765534, closed financial year 2025 with a result of € -22,989 after tax. For that financial year Devan International Group recorded revenue of € 977,476 and equity of € 6.3 million. Compared with financial year 2024, the result moved from € -8,165 to € -22,989. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 9, 2026.
€ 6.3 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -22,989
▼ 182 % more loss than in 2024
Profit after tax over the fiscal year.
€ 12,358
▲ 152% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 6.2 million.
People and assets in 2025
7
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 827,409
€ 118,200 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 42,800
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 97 days on average.
€ 351,266
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,092,332 | € 981,796 | € 998,600 | € 977,476 | ▼ 2% |
| Profit after taxes | € 1,418,983 | € 11,316 | € -8,165 | € -22,989 | ▼ € 14,824 |
| Equity | € 6,315,269 | € 6,326,585 | € 6,318,421 | € 6,295,431 | |
| Total debts | € 344,302 | € 396,194 | € 395,838 | € 394,147 | |
| Cash | € 82,895 | € 99,932 | € 4,894 | € 12,358 | ▲ 152% |
| Retained profit | € 6,210,631 | € 6,221,947 | € 6,213,783 | € 6,190,793 | |
| Dividend | € 1,400,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 6,659,571 | € 6,722,779 | € 6,714,259 | € 6,689,579 | |
| Employees (FTE) | 8.1 | 7.9 | 7.7 | 7 | ▼ 0.7 |
Key figures of Devan International Group, 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 Devan International Group?
What happened at Devan International Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Serdar Gunduz stepped down as director. NBB
- Bernd Schalk stepped down as director. NBB
- Julian Alexander Nicolaus Sachs stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 22,989. Source: NBB ↗
- Julian Alexander Nicolaus Sachs became a director. NBB
- Bernd Schalk became a director. NBB
- Serdar Gunduz became a director. NBB
- New establishment in Ronse. KBO
In short
From € 1.4 million profit in 2022 to € 22,989 loss in 2025.
Paid € 4,497 in corporate taxes since 2022.
Best year ever: 2022, with € 1.4 million profit.
Paid out € 1.4 million in dividends to the owners in total.
Management
The shares are held by Fashion International GmbH (100%). It owns 100% of DEVAN CHEMICALS and 100% of DEVAN-MICROPOLIS SA itself.
Directors
According to the 2025 annual accounts
Serdar Gunduz
Director
since 2022 · until 2028
Bernd Schalk
Director
since 2024 · until 2028
since 2024 · until 2028
Shareholders
Fashion International GmbH
100%
Participations
100%
DEVAN-MICROPOLIS SA
100%
Establishments
Establishment units
Physical locations of this company
Klein Frankrijkstraat 8
9600 Ronse
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
XL-AS, NL
Domain
Domain
devan.net
Registered
1997-12-20
Registrar
EuroDNS S.A.
Expires
2026-12-19
Website info
Features
Security
Details
- Company number
- 0536.765.534
- VAT number
- BE 0536.765.534
- Registered office
- Klein Frankrijkstraat 8, 9600 Ronse
- Names & denominations
- Devan International Group
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 July 2013
- Peppol
- Active · Active since 3 Sept 2025
- Contact
- devan.net
- Activities · NACE
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