Financials
Financial year 2025
DEVAND from Gistel, company number BE0866210394, closed financial year 2025 with a result of € 115,317 after tax. For that financial year DEVAND recorded a gross margin of € 174,818 and equity of € 344,510. Compared with financial year 2024, the result moved from € 130,913 to € 115,317. 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 April 30, 2026.
€ 344,510
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 115,317
▼ 12% vs 2024
Profit after tax over the fiscal year.
€ 7,257
▼ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 93,233 paid out
81 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 1,392
▼ 12% vs 2024
Of which on lease € 479.
Debts at end 2025
€ 93,464
▼ 3% vs 2024
Loans from banks and other lenders, long and short.
€ 28,021
▲ 200% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 45,687
▼ 15% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 117,952 | € 105,431 | € 191,777 | € 174,818 | ▼ 9% |
| Profit after taxes | € 75,743 | € 54,175 | € 130,913 | € 115,317 | ▼ 12% |
| Equity | € 175,838 | € 230,013 | € 322,426 | € 344,510 | ▲ 7% |
| Total debts | € 171,861 | € 182,393 | € 197,948 | € 260,405 | ▲ 32% |
| Cash | € 157,807 | € 6,692 | € 7,896 | € 7,257 | ▼ 8% |
| Retained profit | € 157,238 | € 211,413 | € 303,826 | € 325,910 | ▲ 7% |
| Dividend | € 25,000 | € 0 | € 38,500 | € 93,233 | ▲ 142% |
| Bank debt | € 85,360 | € 106,373 | € 96,542 | € 93,464 | ▼ 3% |
| Balance sheet total | € 347,700 | € 412,407 | € 520,374 | € 604,915 | ▲ 16% |
Key figures of DEVAND, 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 April 2027.
Ask about DEVAND the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to DEVAND?
What happened at DEVAND in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 115,317 (▼ 12% vs 2024). Source: NBB ↗
- Geert Demonie became a director. NBB
- New establishment in Gistel. KBO
- Start of the company according to the CBE. KBO
In short
From € 75,743 profit in 2022 to € 115,317 profit in 2025.
Paid € 169,507 in corporate taxes since 2022.
Best year ever: 2024, with € 130,913 profit.
Paid out € 156,733 in dividends to the owners in total.
Management
Behind DEVAND is Geert Demonie.
Directors
According to the 2025 annual accounts
Geert Demonie
Director
since 2014
Establishments
Establishment units
Physical locations of this company
Sperestraat 7
8470 Gistel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0866.210.394
- VAT number
- BE 0866.210.394
- Registered office
- Sperestraat 7, 8470 Gistel
- Names & denominations
- DEVAND
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 July 2004
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- [email protected] 0499 53 53 77
- Activities · NACE
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