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Deva

Active Public limited companyfounded 1982active for 44 yearsDorpweg 35, 8377 ZuienkerkeKBO/BCE: BE 0423.005.320 subsidiary of DMVH Trading#1 company by equity in Zuienkerke, Construction sector
Deva
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Overview

Lifetime

19 annual accounts with figures on one time axis, 43 filings since 1982
Gross marginpeak €2.4m (2024)
-not published
Resultlowest -€247,261 (2016)
€684,904▲ 7.7%
Equitypeak €3.2m (2024)
€2.4m▼ 25.3%
Debts
€1.6m▲ 835%
Staffpeak 20.1 FTE (2023)
19.6 FTE▲ 0.5%
Board4 names since 2017
2 directorsEveline Demaecker and 1 other
Owners
100%DMVH Trading
Documentsfilings and deeds
02-02-20262 days late
2025financial year
Dividend €1.5mEquity from €3.2m to €2.4mDebts from €171,785 to €1.6mCash from €325,203 to €1.1m

Key points

from the 2025 annual accounts

Equity

€2.4m ▼ 25.3%
3.22024+0.7Profit-1.5Dividend2.42025

Deva paid out €1.5m in dividends. That is 219% of the 2025 profit.

Liquidity

2.44 was 19.44 in 2024

Short-term debts rose from €163,707 to €1.6m.

Filings

43 annual accounts since 1982
deadline199520102025

Three of the last ten came late. The 2022 accounts came latest: 101 days after the end of the period.

Checked score

95
Excellent
Financially stronger than 58% of small companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.3% across 2,652 companies (NACE 43, small).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.3% 01-2025: 0.4%▲ +0.1 percentage points vs 12-2024 02-2025: 0.5%▲ +0.1 percentage points vs 01-2025highest value 03-2025: 0.1%▼ -0.4 percentage points vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.2%▲ +0.1 percentage points vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: < 0.1%▼ -0.2 percentage points vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

Solvency
85-15equity 60.0% of total assets
Liquidity
66+4short-term debt 39.8% · cash 27.5%
Profitability
77-15return on assets 17.1%

Score breakdown

lowers risk
Liquidity: current ratio 2.44, cash €1.1m
Founded in 1982
Size: turnover €7.9m, 19.6 FTE, total assets €4.0m
Equity €2.4m (60.0% of total assets)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small). It does better than 78% of them on solvency, 82% on liquidity, 63% on profitability and 10% on growth.

The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 30-06-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 20,136 companies had the same profile as Deva has now. Each dot stands for 51 companies, two years later.

95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of Deva itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,136 companies, not a prediction for Deva. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €220,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.44 (19.44 in 2024), above the usual 1.5. Short-term debt is 39.8% and cash 27.5% of total assets. 40% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 2.44, cash €1.1m
NBB · annual accounts
lowers risk · Founded in 1982
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: turnover €7.9m, 19.6 FTE, total assets €4.0m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €2.4m (60.0% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 2 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
2 days late
2024
on the day
2023
58 days late
2022
101 days late
2021
6 days early
2020
2 days early
2019
18 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 19 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 2 February (4 of the last 5 accounts filed within 56 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end06-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

ED
Eveline Demaecker
Director, since 17-11-2017
ID
Inge Dendooven
Director, since 17-11-2017
  • DMVH Trading 100%score 70equity €12.0m (2025) · 31-03-2025 annual accounts of DMVH Trading
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0423005320
Registered office moved to Zuienkerke New registered office: Dorpweg 35, 8377 Zuienkerke · Resignations: Serge Demaecker (managing director), Inge Dendooven, Eveline Demaecker and V.M.S. Engineering BV (managing director) · Appointments: Inge Dendooven (director) and Eveline Demaecker (director) · General meeting of 24-04-2024 · Gazette deed
4 directors reappointed Inge DENDOOVEN, Eveline DEMAECKER, Serge DEMAECKER and V.M.S. ENGINEERING · Permanent representative: Mathias Van Haecke · General meeting of 22-12-2023 · Gazette deed
First establishment Dorpweg 35, Zuienkerke
All 59 events

Comparable companies

same main activity, similar in size and age
Company Turnover EBIT margin Solvency Staff
Deva Zuienkerke €7.9m 12.2% 60.0% 19.6
LAVAGRO Menen €4.3m 4.9% 79.8% 17.4
Fontec Watermael-Boitsfort €15.9m 15.4% 22.8% 19.6
E. DE KOCK Overijse €4.7m 1.9% 45.8% 23.1
MAENHAUT WIM Aalter €12.6m 13.6% 43.6% 17.8
ONDERNEMINGEN BULCKE Comines-Warneton €16.4m 4.1% 57.2% 12.7
DEWIL R. Linter €3.1m 18.1% 94.6% 16.8
-10%0%10%20%€5m€50m€500mDevaEBIT margin

Grey: the largest companies of the sector (specialised construction (NACE 43)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as Deva: site preparation (NACE 43120). They are comparable in size and age: total assets between €5.3m and €7.9m, founded between 1973 and 1991.

Official details

Source: KBO
Status
Active since 01-07-1982Normal situation
Activity
Site preparationNACE 43120and 1 other
Joint committee
124Construction · annual accounts 30-06-2025
Establishment unit
2.020.941.4518377 Zuienkerke, since 01-07-1982
Financial year end
30 June
Peppol
Reachable since 21-10-2026
Company details

Annual accounts to 30-06-2025

Turnover
€7.9m
Profit
€684,904▲ 7.7%
Equity
€2.4m▼ 25.3%
Total assets
€4.0m▲ 18.3%
Employeeson 30-06-2025
18▼ 10.0%
Filing
Filed on 02-02-2026
Financials

Insights on Deva

Deva has existed since 1982. The gross margin grew from €950,867 in 2007 to €2.4m in 2024 and staff from 15 to 19.5 full-time equivalents.

Solvency fell in 2025 from 94.9% to 60.0% because of the dividend.

DMVH Trading holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

full format, filed on 02-02-2026, 2 days late
Turnover
€7.9m
Operating result
€964,328
▲ 3.9%
EBITDA
€1.1m
▲ 3.3%
Cash flow
€777,534
▲ 6.4%
Solvency
60.0%
▼ 35.0 percentage points
Current ratio
2.44
▼ 17.00
In the rankings #1 company by equity in Zuienkerke, Construction sector#2 company by total assets in Zuienkerke, Construction sector#3 oldest company in Zuienkerke, Construction sector

Money flows

of every €100 of turnover, €8.63 remains as profit in 2025

Balance sheet

balance sheet total €4.0m on 30-06-2025
What the company ownsHow it is paid for

Change in equityin €m

Change in cashin €m

Position in the sector

Compare with sector

Solvency60.0%

Higher than 71% of 2,454 companies in 2025.

Current ratio2.44

Higher than 71% of 2,427 companies in 2025.

Return on assets17.1%

Higher than 86% of 2,445 companies in 2025.

Deva Middle half of the sector 80% of the sector Full accounts in specialised construction (NACE 43)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: middle half

Staff

Men and women

Not in that year's accounts.

Staff cost per FTE€68,149

Staff costs divided by the average number of full-time equivalents.

Joined and left-2

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
Total assets20/58 4.0m3.4m3.0m2.9m3.8m3.3m3.1m2.7m3.5m2.2m1.8m2.0m1.6m1.4m1.9m1.3m2.4m1.4m2.0m
Fixed assets21/28 109,202209,171300,221417,866222,277159,873190,992198,82044,52664,69987,767111,945141,980170,856191,548215,089350,634511,062722,751
Tangible fixed assets22/27 109,202209,171300,221417,866222,277159,873190,992198,82044,52664,69987,767111,945141,980170,856191,548215,089350,634511,062722,751
Land and buildings22 ----001,21824,37444,09563,81583,993104,171124,349144,868163,100183,161205,588228,015250,442
Plant, machinery and equipment23 109,202209,171300,221417,866222,277159,873189,647174,167----5,12010,24020,44831,928138,590268,630448,428
Furniture and vehicles24 ------1272794328843,7747,77412,51115,7488,000-6,45614,41723,881
Current assets29/58 3.9m3.2m2.7m2.5m3.6m3.1m2.9m2.5m3.5m2.1m1.7m1.9m1.5m1.2m1.7m1.0m2.1m891,3211.3m
Amounts receivable after more than one year29 -06262626262626262626262626262626262
Other amounts receivable291 -06262626262626262626262626262626262
Stocks and contracts in progress3 0-000--------------
Amounts receivable within one year40/41 1.8m2.9m2.6m2.4m3.4m2.9m2.7m2.5m2.2m2.1m1.7m1.6m1.5m788,876239,853436,055432,742341,826574,872
Trade receivables40 47,287124,28578,42293,14973,96469,85967,64188,88875,05274,27378,96963,18212,67873,90327,18777,60551,05293,883348,293
Other amounts receivable41 1.7m2.7m2.5m2.3m3.3m2.8m2.6m2.4m2.1m2.0m1.6m1.5m1.4m714,972212,666358,450381,690247,942226,579
Current investments50/53 1.0m------------------
Other investments51/53 1.0m------------------
Cash at bank and in hand54/58 1.1m325,20394,12761,853127,058205,104160,91747,6461.3m27,78135,223301,63520,439444,1481.4m592,0281.6m537,357720,522
Deferred charges and accrued income490/1 22,3342,4272,4422,21524,99423,81222,68521,67020,33214,81111,78911,16313,71614,59313,30713,61911,18512,07613,644
Balance sheet: equity and liabilities
Total equity and liabilities10/49 4.0m3.4m3.0m2.9m3.8m3.3m3.1m2.7m3.5m2.2m1.8m2.0m1.6m1.4m1.9m1.3m2.4m1.4m2.0m
Equity10/15 2.4m3.2m2.6m2.1m1.7m1.3m896,6121.8m1.5m1.2m1.5m1.3m1.4m1.3m1.2m1.2m1.3m904,541930,578
Contributions10/11 61,97361,97361,97361,97361,97361,97361,9731.2m1.2m1.2m1.2m1.2m61,97361,97361,97361,97361,97361,97361,973
Capital10 61,97361,97361,97361,973---------------
Issued capital100 61,97361,97361,97361,97361,97361,97361,9731.2m1.2m1.2m1.2m1.2m61,97361,97361,97361,97361,97361,97361,973
Reserves13 2.3m3.2m2.5m2.1m1.6m1.2m578,630578,630327,630295,176295,176154,630245,579245,579245,579245,579303,140375,091461,433
Non-distributable reserves130/1 118,697118,697118,697118,697118,697--------------
Legal reserve130 118,697118,697118,697118,697118,697118,697118,697118,697118,697118,697118,697118,6976,1976,1976,1976,1976,1976,1976,197
Tax-exempt reserves132 ---------45,54745,547-----57,561129,512215,853
Distributable reserves133 2.2m3.0m2.4m2.0m1.5m1.1m459,932459,932208,932130,932130,93235,932239,382239,382239,382239,382239,382239,382239,383
Profit (loss) carried forward14 ------256,0097775-247,0082526,2911.1m1.0m935,191854,044926,819467,477407,172
Provisions and deferred taxes16 ---------23,45323,453-----29,63966,688111,147
Deferred taxes168 ---------23,45323,453-----29,63966,688111,147
Amounts payable17/49 1.6m171,785409,837728,2372.1m2.0m2.2m963,1982.0m929,929309,075663,327228,07899,987610,01895,2561.1m431,153990,126
Amounts payable after more than one year17 -----------------30,36767,551
Financial debts170/4 -----------------30,36767,551
Amounts payable within one year42/48 1.6m163,707280,148721,2842.1m2.0m2.2m963,1982.0m929,929309,075663,327228,07899,987610,01895,2561.1m400,787917,989
Current portion of amounts payable after more than one year42 ---------------5,57830,36737,18437,184
Trade debts44 54,899101,526194,704641,2952.0m1.9m2.1m877,8501.9m850,040261,417616,337178,52356,569564,27745,0861.0m344,116856,401
Suppliers440/4 54,899101,526194,704641,2952.0m1.9m2.1m877,8501.9m850,040261,417616,337178,52356,569564,27745,0861.0m344,116856,401
Advances received on contracts in progress46 1,898------------------
Taxes, remuneration and social security45 41,09160,01083,27377,81948,66466,93155,23583,10890,25177,64945,41844,74947,31541,17843,50042,35238,66119,48724,404
Taxes450/3 3,69422,84623,37520,96514,4248,8827,97137,09239,92614,63710,7878,4727,9958,4339,6719,1048,7721,7008,669
Remuneration and social security454/9 37,39737,16459,89956,85434,24058,05047,26446,01650,32663,01234,63136,27739,31932,74533,83033,24829,88817,78715,735
Other amounts payable47/48 1.5m2,1712,1712,1712,1712,1712,2402,2402,2402,2402,2402,2402,2402,2402,2402,2402,240--
Accrued charges and deferred income492/3 8,3278,078129,6906,9536,78712,975----------6,872-4,586
Income statement
Operating income70/76A 8.0m-9.4m10.7m9.4m8.3m8.0m8.3m-----------
Turnover70 7.9m-9.3m10.6m9.4m8.2m8.0m8.2m-----------
Other operating income74 89,409-33,77938,290---------------
Non-recurring operating income76A -058,333039,50025,000--37,000142,46494,000-4,4144,35319,36531,345363,88228,8946,745
Gross operating margin9900 -2.4m------1.4m1.3m896,569878,818879,460989,696852,727851,704973,229773,298950,867
Operating charges60/66A 7.1m-8.8m10.1m8.8m7.7m7.6m7.9m-----------
Goods for resale, raw materials and consumables60 2.0m-3.2m2.7m2.9m2.7m2.7m3.1m-----------
Purchases600/8 2.0m-3.2m2.7m2.9m2.7m2.7m3.1m-----------
Services and other goods61 3.6m-4.1m6.0m4.7m3.8m3.7m3.6m-----------
Remuneration, social security and pensions62 1.3m1.4m1.4m1.2m1.2m1.2m1.2m1.1m1.1m1.5m782,223763,016765,733867,297746,574727,333708,254659,903655,408
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 92,63095,35095,479107,95164,09650,54661,94035,70620,17323,06724,94030,03530,37635,16433,542161,145192,228211,689366,883
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 ---02,553-------------19,351
Other operating charges640/8 9,2929,2878,8458,2218,0746,9947,8278,02819,54098,4197,6227,4267,56316,0517,79120,08866,9367,4717,148
Non-recurring operating charges66A ---------566---------
Operating profit (loss)9901 964,328927,782597,404593,366607,173512,211369,391377,925242,751-372,16481,78478,34175,78871,18464,821-56,8625,811-105,765-97,923
Financial income75/76B 13,0223,4005578,1231,3344535511,29637,4276552,0312,04420,65814,77414,47030,10621,33118,30618,570
Recurring financial income75 13,0223,4005578,1231,3344535511,2964276552,0312,04420,65814,77414,47030,10621,33118,30618,570
Income from current assets751 12,537-027539--------------
Other financial income752/9 485-5577,8491,2964535511,296-----------
Non-recurring financial income76B --------37,000----------
Financial charges65/66B 55,98574,9338,1722,0438,6081,5872,1874,7632,86212,6003761,7417603016574,76315,6414,8507,437
Recurring financial charges65 55,98574,9338,1722,0438,6081,5872,1874,7632,86212,6003761,7417603016574,76315,6414,8507,437
Debt charges650 0--0148853941------------
Other financial charges652/9 55,985-8,1722,0438,4607341,2464,763-----------
Profit (loss) for the period before taxes9903 921,365856,249589,789599,447599,899511,076367,755374,458277,316-242,211177,43878,644100,10090,00997,999-174375,383-63,416-80,045
Income taxes67/77 236,461220,555152,799156,551151,111151,693111,753124,22720,5325,04919,4778,89315,50414,20616,853159,80125,0407,08033,780
Taxes670/3 240,183-152,799156,551151,111151,693111,753124,227-----------
Tax adjustments and reversals of tax provisions77 3,722------------------
Profit (loss) for the period9904 684,904635,694436,989442,896448,788359,383256,003250,231280,237-247,261134,50869,75084,59775,80481,146-130,335387,392-26,037-39,726
Transfer from tax-exempt reserves789 --------45,547------57,56171,95186,341143,901
Transfer to tax-exempt reserves689 ----------45,547--------
Profit (loss) for the period to be appropriated9905 684,904635,694436,989442,896448,788359,383256,003250,231325,784-247,26188,96169,75084,59775,80481,146-72,775459,34360,304104,175
Appropriation of the result
Profit (loss) to be appropriated9906 684,904635,694436,989442,896448,788615,393256,009251,00778,775-247,00895,2521.2m1.1m1.0m935,191854,044926,819467,477407,172
Transfer from equity791/2 815,096----------203,450-------
From reserves792 815,096------------------
Transfer to equity691/2 0635,694436,989442,896448,788615,393-251,00078,000-95,000112,500-------
To the legal reserve6920 -----------112,500-------
To other reserves6921 0635,694436,989442,896448,788615,393-251,00078,000-95,000--------
Profit to be distributed694/7 1.5m----------1.3m-------
Return on contributions (dividend)694 1.5m----------1.3m-------
Social balance sheet
Average staff (FTE)9087 19.619.520.119.217.817.118.618.918.216.21413.913.815.11515151515
Men (FTE)1003 19.6-20.119.217.817.118.618.9-----------
Women (FTE)1003 --0----------------
Hours worked1013 27,61829,11830,35029,13028,43927,91529,37527,45127,11226,16122,08422,59623,04824,14524,98125,16424,70324,75224,600
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 24 older financial years (1982-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 31 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 02-02-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 2 days after the deadline. Filed on 2 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00031053.

Financial year Type Filed Reference Document
30-06-2025 full format 02-02-2026 2026-00031053 PDF
30-06-2024 abbreviated format 31-01-2025 2025-00024637 PDF
30-06-2023 full format 29-03-2024 2024-00056618 PDF
30-06-2022 full format 12-05-2023 2023-00087210 PDF
30-06-2021 full format 25-01-2022 2022-01900209 PDF
30-06-2020 full format 29-01-2021 2021-04400217 PDF
30-06-2019 full format 13-01-2020 2020-00900110 PDF
30-06-2018 full format 14-12-2018 2018-74600558 PDF
30-06-2017 abbreviated format 15-01-2018 2018-01400490 PDF
30-06-2016 abbreviated format 16-01-2017 2017-01500041 PDF
30-06-2015 abbreviated format 15-01-2016 2016-01800302 PDF
30-06-2014 abbreviated format 13-01-2015 2015-01500007 PDF
30-06-2013 abbreviated format 19-11-2013 2013-66200327 PDF
30-06-2012 abbreviated format 14-12-2012 2012-66600208 PDF
30-06-2011 abbreviated format 01-12-2011 2011-62500466 PDF
30-06-2010 abbreviated format 14-12-2010 2010-63000444 PDF
30-06-2009 abbreviated format 04-12-2009 2009-87800343 PDF
30-06-2008 abbreviated format 02-12-2008 2008-83800079 PDF
30-06-2007 abbreviated format 22-11-2007 2007-80600346 PDF
30-06-2006 abbreviated format 21-11-2006 2006-87803083 PDF
30-06-2005 abbreviated format 08-12-2005 2005-89002395 PDF
30-06-2004 abbreviated format 23-11-2004 2004-80500584 PDF
30-06-2003 abbreviated format 26-11-2003 2003-80503768 PDF
30-06-2002 abbreviated format 09-12-2002 2002-75703222 PDF
30-06-2001 abbreviated format 04-12-2001 2001-73202422 PDF
30-06-2000 abbreviated format 24-11-2000 2000-72802825 PDF
30-06-1999 abbreviated format 17-12-1999 1999-63702744 PDF
30-06-1998 abbreviated format 11-12-1998 1998-61400461 PDF
30-06-1997 abbreviated format 01-12-1997 1997-55004804 PDF
31-12-1995 abbreviated format 05-07-1996 1996-32001006 PDF
31-12-1994 abbreviated format 03-07-1995 1995-35304284 PDF
31-12-1993 abbreviated format 30-06-1994 1994-26102700 PDF
31-12-1992 abbreviated format 12-07-1993 1993-25102124 PDF
31-12-1991 abbreviated format 15-07-1992 1992-22105355 PDF
31-12-1990 abbreviated format 31-07-1991 1991-20702810 PDF
31-12-1989 abbreviated format 16-07-1990 1990-17603219 PDF
31-12-1988 abbreviated format 23-06-1989 1989-10600419 PDF
31-12-1987 abbreviated format 30-06-1988 1988-12301084 PDF
31-12-1986 abbreviated format 03-07-1987 1987-15501071 PDF
31-12-1985 abbreviated format 16-07-1986 1986-28801544 PDF
31-12-1984 full format 12-07-1985 1985-23600369 PDF
31-12-1983 unclassified schema 04-12-1984 1984-15100524 PDF
31-12-1982 unclassified schema 22-12-1983 1983-14600571 PDF

Subsidies and aid

Flemish government 2022 to 2025, 4 entries, €818 awarded, €818 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
€818
Year Entries AwardedPaid
2025 1 €30€30
2024 1 €367€367
2023 1 €63€63
2022 1 €358€358

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
EBITDA 1.1m1.0m692,883701,317671,269562,757431,331413,632262,924-349,097106,724108,376106,164106,34898,363104,283198,039105,923268,960
Cash flow 777,534731,044532,468550,847512,884409,929317,943285,937300,410-224,193159,44999,785114,973110,968114,68830,810579,620185,652327,157
Investment in fixed assets (approximation) -7,3384,300-22,167303,540126,50019,42754,112190,0000076201,50014,47235,60025,60031,800-0777,873
Change in cash 778,188231,07632,274-65,206-78,04544,186113,272-1.2m1.3m-7,442-266,412281,196-423,709-963,844815,963-1.0m1.1m-183,165-
Working capital 2.3m3.0m2.4m1.7m1.5m1.1m705,6201.6m1.5m1.2m1.4m1.2m1.3m1.1m1.1m946,508977,809490,534391,111
EBIT margin 12.2%-6.4%5.6%6.5%6.3%4.6%4.6%-----------
Solvency 60.0%94.9%86.3%74.7%45.1%38.4%29.0%64.7%43.0%56.4%81.7%67.0%86.0%93.0%67.1%92.4%53.1%64.5%45.8%
Current ratio 2.4419.449.623.411.721.561.322.631.732.285.592.866.5312.482.7210.941.882.221.43
Debt to equity 0.670.050.160.341.221.602.440.551.320.750.210.490.160.080.490.080.860.481.06
ROE 28.5%19.7%16.9%20.6%26.3%28.6%28.6%14.2%18.5%-20.0%9.1%5.2%6.0%5.7%6.5%-11.2%30.0%-2.9%-4.3%
ROA 17.1%18.7%14.6%15.4%11.9%11.0%8.3%9.2%8.0%-11.3%7.4%3.5%5.2%5.3%4.4%-10.4%15.9%-1.9%-2.0%
Interest coverage -13.6584.78-over 100over 100over 100------------
Customer credit 2 days-3 days3 days3 days3 days3 days4 days-----------
Supplier credit 4 days-10 days27 days97 days108 days122 days48 days-----------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item30-06-202530-06-202430-06-202330-06-2022
Employees at the balance-sheet date18201820
full-time17201820
part-time1000
in full-time equivalents17.801820
Average over the year, in full-time equivalents19.619.520.119.2
On a permanent contract18201820
Joined2534
Left4351

Source: social balance sheet in the 2022 to 2025 annual accounts

Investments

fixed assets acquired
Item30-06-202530-06-202430-06-202330-06-2022
Tangible fixed assets-€4,300-€303,540
Depreciation and write-downs of the year€92,630€95,350€95,479€107,951

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on Deva

The operating result for 2025 is 4% higher than in 2024 and the highest since 2007. It is the third rise in a row, after the fall in 2022.

Debt's share of the balance-sheet total rises from 5.1% to 40.0%. Equity is lower and debt is higher.

Board & ownership

Board

2 directors, last change in 2024
Eveline Demaecker
Director
since 17-11-2017 6-year term from 2024
listed in the 2025 annual accounts, filed on 02-02-2026
Inge Dendooven
Director
since 17-11-2017 6-year term from 2024
listed in the 2025 annual accounts, filed on 02-02-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 23. Vertegenwoordigingsbevoegdheid - algemeen De voltallige raad van bestuur vertegenwoordigt de vennootschap in alle handelingen in…”
deed of 18-01-2024

Office holders in the KBO →

Mandates through the years

4 names, the dashed line is today
Eveline Demaecker
Director
Inge Dendooven
Director
Serge Demaecker
Director
V.M.S. Engineering
Director
BoardEarlierRest of the term
Mandates as a list
  • Eveline Demaecker
    • Director, from 17-11-2017 to date
  • Inge Dendooven
    • Director, from 17-11-2017 to date
  • Serge Demaecker
    • Director, from 17-11-2017 to 24-04-2024
  • V.M.S. Engineering
    • Director, from 23-12-2020 to 24-04-2024

See the board, name and registered office on a given date →

Control

Parent
DMVH Trading
Equity €12.0m
Profit €518,572 in 2025
Checked score 70
Source: accounts DMVH Trading 31-03-2025
100%
This company
Deva
Equity €2.4m
Profit €684,904 in 2025

Capital

Capital
€61,973.38
Shares
750
Contribution per share
€82.63
Equity per share
€3,207 in 2025
Source
deed of 18-01-2024

Articles of association

deed of 18-01-2024 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 3 directors
“6 jaar”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Friday of November at 17:00

Network & group

Group

DMVH Trading has 2 direct subsidiaries (accounts to 31-03-2025), the bar shows equity in euros
ParentDMVH Trading2 holdings, 1 country accounts to 31-03-2025

Belgium 2 Equity Result

Source: list of holdings in the 31-03-2025 accounts of DMVH Trading. Every holding stands with its own latest accounts.

At the same address

Dorpweg 35, 8377 Zuienkerke · 4 other companies
DMVH Trading
registered office since 04-04-2024 · founded in 2024
 turnover €957,925 (2025)
1008.010.538
DEMAECKER - VAN HAECKE
registered office since 01-05-1980 · founded in 1980
 33 FTE (2025)
0420.343.659
DMVH PORT FACILITIES
registered office since 14-07-2017 · founded in 2017
 turnover €340,640 (2025)
0678.595.469
Vereniging Van Mede-Eigenaars Appartementsgebouw Zuienkerke (Meetkerke) Dorpweg 35
registered office since 01-08-1995
 founded in 1995
1022.392.173

Earlier ties

DEMAECKER - VAN HAECKE
via V.M.S. Engineering (at Deva until 2024) and DEMAECKER Eveline (no longer at DEMAECKER - VAN HAECKE) · Director · deeds of 17-06-2024 and 01-12-2023
founded in 1980
 33 FTE (2025)
DMVH PORT FACILITIES
via DEMAECKER Eveline, no longer at DMVH PORT FACILITIES · Director · deed of 16-02-2024
founded in 2017
 turnover €340,640 (2025)

Board mandates elsewhere

1 board mandate
Board mandates of DevaDeva sits on their board1
SEAPORT SHIPPING AND TRADING
Director · 2 locations
Founded in 1981 · 2.9 FTE (2025)

Connections & network

1 connected company
Depth
Demaecker, Shared director DDemaeckerDEMAECKER - VAN HAECKE, 2 shared directors DVDEMAECKERVAN HAECKEDMVH PORT FACILITIES, Shared director DPDMVH PORTFACILITIESDeva Deva0423.005.320
Shared directors
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
Demaecker
via DEMAECKER Eveline · Permanent representative · deed of 17-07-2024
Founded in 2024
→

Timeline

Timeline

59 events since 1982

Deadline for the 2026 accounts: 31-01-2027

2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0423005320
Annual accounts 2025 filed PDFfull format · 2 days late
2025
Highest result from 2007 to 2025 net €684,904 ▲7.7% The operating result of €964,328 and the net result of €684,904 are both a record.
Annual accounts 2024 filed PDFabbreviated format · on the deadline day
2024
Registered office moved to ZuienkerkeNew registered office: Dorpweg 35, 8377 Zuienkerke · Resignations: Serge Demaecker (managing director), Inge Dendooven, Eveline Demaecker and V.M.S. Engineering BV (managing director) · Appointments: Inge Dendooven (director) and Eveline Demaecker (director) · General meeting of 24-04-202412 points ▸
  • General meeting, 24-04-2024
  • Director resignation, Serge Demaecker
  • Director resignation, Inge Dendooven
  • Director resignation, Eveline Demaecker
  • Director resignation, V.M.S. Engineering BV
  • Director appointment, Inge Dendooven
  • Director appointment, Eveline Demaecker
  • Board meeting, 24-04-2024
  • Director resignation, Serge Demaecker (managing director)
  • Director resignation, V.M.S. Engineering BV (managing director)
  • Registered-office move, Dorpweg 35, 8377 Zuienkerke
  • Permanent representative, Mathias Van Haecke

Open the deed in the Belgian Official Gazette

Liquidity doubles current ratio 19.44 The current ratio rises from 9.62 to 19.44. Short-term debt falls from €280,148 to €163,707.
Annual accounts 2023 filed PDFfull format · 58 days late
4 directors reappointedInge DENDOOVEN, Eveline DEMAECKER, Serge DEMAECKER and V.M.S. ENGINEERING · Permanent representative: Mathias Van Haecke · General meeting of 22-12-20238 points ▸
  • General meeting, 22-12-2023
  • Capital, €61,973.38, 750 shares
  • Registered office clause, Dorpweg 35, 8377 Zuienkerke (Meetkerke)
  • Director reappointment, Inge DENDOOVEN
  • Director reappointment, Eveline DEMAECKER
  • Director reappointment, Serge DEMAECKER
  • Director reappointment, V.M.S. ENGINEERING
  • Permanent representative, Mathias Van Haecke
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

2023
Liquidity more than doubled current ratio 9.62 The current ratio rises from 3.41 to 9.62. Short-term debt falls from €721,284 to €280,148.
Annual accounts 2022 filed PDFfull format · 101 days late
2022
Equity above €2m equity €2.1m ▲26% After 6 profitable years in a row, equity reaches €2.1m.
Annual accounts 2021 filed PDFfull format · 6 days before the deadline
2021
Annual accounts 2020 filed PDFfull format · 2 days before the deadline
2020
Annual accounts 2019 filed PDFfull format · 18 days before the deadline
2018
Annual accounts 2018 filed PDFfull format · 48 days before the deadline
Annual accounts 2017 filed PDFabbreviated format · 16 days before the deadline
2017
Back to profit net €280,237 The net result is €280,237, after one loss-making year.
Annual accounts 2016 filed PDFabbreviated format · 15 days before the deadline
2016
Weakest financial year net -€247,261 The net result drops to -€247,261, the lowest from 2007 to 2025. It recovers the following year.
Annual accounts 2015 filed PDFabbreviated format · 16 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 18 days before the deadline
2013
Annual accounts 2013 filed PDFabbreviated format · 73 days before the deadline
2012
Annual accounts 2012 filed PDFabbreviated format · 48 days before the deadline
Liquidity more than quadruples current ratio 12.48 The current ratio rises from 2.72 to 12.48. Short-term debt falls from €610,018 to €99,987.
2011
Annual accounts 2011 filed PDFabbreviated format · 61 days before the deadline
Back to profit net €81,146 The net result is €81,146, after one loss-making year.
2010
Annual accounts 2010 filed PDFabbreviated format · 48 days before the deadline
Liquidity more than 5 times current ratio 10.94 The current ratio rises from 1.88 to 10.94. Short-term debt falls from €1.1m to €95,256.
2009
Annual accounts 2009 filed PDFabbreviated format · 58 days before the deadline
Back to profit net €387,392 The net result is €387,392, after 2 loss-making years.
Equity above €1m equity €1.3m ▲42.8% Equity rises from €904,541 to €1.3m.
2008
Annual accounts 2008 filed PDFabbreviated format · 60 days before the deadline
2007
Annual accounts 2007 filed PDFabbreviated format · 70 days before the deadline
2006
Annual accounts 2006 filed PDFabbreviated format · 71 days before the deadline
2005
Annual accounts 2005 filed PDFabbreviated format
2004
Annual accounts 2004 filed PDFabbreviated format
2003
Annual accounts 2003 filed PDFabbreviated format
2002
Annual accounts 2002 filed PDFabbreviated format
2001
Annual accounts 2001 filed PDFabbreviated format
2000
Annual accounts 2000 filed PDFabbreviated format
1999
Annual accounts 1999 filed PDFabbreviated format
1998
Annual accounts 1998 filed PDFabbreviated format
1997
Annual accounts 1997 filed PDFabbreviated format
1996
Annual accounts 1995 filed PDFabbreviated format
1995
Annual accounts 1994 filed PDFabbreviated format
1994
Annual accounts 1993 filed PDFabbreviated format
1993
Annual accounts 1992 filed PDFabbreviated format
1992
Annual accounts 1991 filed PDFabbreviated format
1991
Annual accounts 1990 filed PDFabbreviated format
1990
Annual accounts 1989 filed PDFabbreviated format
1989
Annual accounts 1988 filed PDFabbreviated format
1988
Annual accounts 1987 filed PDFabbreviated format
1987
Annual accounts 1986 filed PDFabbreviated format
1986
Annual accounts 1985 filed PDFabbreviated format
1985
Annual accounts 1984 filed PDFfull format
1984
Annual accounts 1983 filed PDFunclassified schema
1983
Annual accounts 1982 filed PDFunclassified schema
1982
First establishment Dorpweg 35, Zuienkerke
Incorporation KBO

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

Deva was incorporated on 1 July 1982.1 The registered office was moved to Zuienkerke in 2024.2 Turnover went from €8.0m in 2019 to €7.9m in 2025 and headcount from 18.6 to 19.6 full-time equivalents.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 05-07-2024
  3. 3National Bank, annual accounts 2019 and 2025

Company details

Identity

Enterprise number
0423.005.320
VAT number
BE 0423.005.320
Peppol ID
0208:0423005320
Legal form
Public limited company
Status
Active, normal situation
Founded
01-07-1982
Financial year
ends on 30 June
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Friday of November at 17:00
deed of 18-01-2024 (in Dutch)
Peppol
Reachable since 21-10-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
Deva in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 18-01-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 18-01-2024 (in Dutch)

Activities

NACEBEL 2025
VAT activities
43120 Site preparation main activity
01610 Support activities for crop production
Social security (RSZ) activities
43120 Site preparation main activity
Joint committees annual accounts 30-06-2025
JC 124 Construction
Codes under NACEBEL 2008
VAT activities
43120 Site preparation main activity
Social security (RSZ) activities
43120 Site preparation main activity
Codes under NACEBEL 2003
VAT activities
45112 main activity
Social security (RSZ) activities
45112 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Openbare grondwerken en landbouwwerken; Ruimen van waterlopen; Waterbouwkundige werken(niet zijnde baggerwerken)”
3 activities
  1. Openbare grondwerken en landbouwwerken
  2. Ruimen van waterlopen
  3. Waterbouwkundige werken(niet zijnde baggerwerken)
deed of 18-01-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Dorpweg 35 registered office 8377 Zuienkerke 01-07-1982 2.020.941.451

Buildings and parcels at the address

Ground area
783 m²
Buildings
233 m²
Volume, LiDAR
1,324 m³
Tallest building
8.1 m
Buildings to scale, each on its own parcel
233 m², 8.1 m 233 m², 8.1 m

Location

registered office establishment The establishment unit on the map
5 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
31018B0287/00B000783 m² 1 · 233 m² 8.1 m · 2

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0423.005.320

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