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DEVACOM

Active Public limited companyfounded 1989active for 36 yearsMolenstraat 58, 9870 ZulteKBO/BCE: BE 0439.137.707

Overview

Lifetime

19 annual accounts with figures on one time axis, 36 filings since 1990
peak €318,968 (2018)
€30,617▲ 13.0%
lowest -€73,066 (2019)
€12,787▲ 39.9%
peak €246,278 (2018)
€142,384▲ 9.9%
€305,089▼ 10.6%
peak 4 FTE (2007)
-not published
Board3 names since 2014
3 directors and 2 others
Documentsfilings and deeds
25-08-202625 days late
2025micro format
Gross margin from €27,087 to €30,617Result from €9,140 to €12,787Cash from €8,935 to €756

Key points

from the 2025 annual accounts

Equity

€142,384 from €246,278 in 2018

Equity fell by 42% in 7 years.

Turnover

≈ €120,000 estimated

The micro format states no turnover.

Filings

36 annual accounts since 1990
AprilJune31 JulyOctober1990200020102020

Four of the last ten came late. The 2025 accounts came latest: 25 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 4,684 companies had the same profile as DEVACOM has now. Each dot stands for 12 companies, two years later.

97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
Test of the method

The method was tested on the 497,762 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 2.9% 3.1%
10 5.6% 6.1%

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 4,684 companies, not a prediction for DEVACOM. 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 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

Board and ownership

Managing director
Director
Director
Board & ownership

Recent changes

3 directors reappointed (managing director), and · General meeting of 30-05-2025 · Gazette deed
3 directors reappointed (managing director), and · General meeting of 15-05-2020 · Gazette deed
Registered office moved within Zulte New registered office: Molenstraat 58 te 9870 Zulte · Previous registered office: Molenstraat 40 te 9870 Zulte · General meeting of 03-12-2018 · Gazette deed
3 directors appointed (managing director), and · General meeting of 24-05-2015 · Gazette deed
All 50 events

Official details

Source: KBO
Status
Active since 30-11-1989Normal situation
Activity
No activity registered in the KBO
Establishment unit
2.047.095.7209870 Zulte, since 25-01-1990
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2025

€30,617▲ 13.0%
€12,787▲ 39.9%
€142,384▲ 9.9%
€504,103▼ 4.9%
Filing
Filed on 25-08-2026
Financials

Insights on DEVACOM

DEVACOM files the micro format. That format states no turnover. The gross margin fell from €199,456 in 2007 to €30,617 in 2025.

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

Financials

Annual accounts 2025

micro format, filed on 25-08-2026, 25 days late
€30,617
▲ 13.0%
€10,826
▲ 47.0%
€28,388
▲ 13.9%
€30,348
▲ 13.7%
28.2%
▲ 3.8 percentage points
0.19
▼ 0.18

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €120,000. Estimated: probably between €74,000 and €220,000.

Money flows

no detail for 2025

Balance sheet

balance sheet total €504,103 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Staff

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

Blue and white collar

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 504,103529,844547,680578,745592,224540,754385,566547,906146,229159,888109,949133,134151,042200,409274,450270,418261,352287,493248,950
21/28 503,348520,909538,471556,032573,594538,775366,172232,475128,803139,274108,569111,419116,491141,006180,413200,102186,583211,077183,411
22/27 503,348520,909538,471556,032573,594520,625348,022214,325110,653121,124108,569111,419116,491141,006180,413200,102186,583211,077183,411
22 503,348520,909538,471556,032573,594520,625348,02234,306108,185121,124108,569111,419116,219121,019128,609136,198143,787151,376158,966
23 -------------80915,74624,39933,35943,187353
24 ------------27219,17836,05839,5059,43716,51424,092
27 -------180,0202,468----------
28 -----18,15018,15018,15018,15018,150---------
29/58 7568,9359,21022,71318,6301,98019,394315,43117,42620,6141,38021,71534,55159,40394,03770,31674,76976,41665,539
3 -----------4,90021,10046,10075,60058,10049,05540,03450,942
30/36 -----------4,90021,10046,10075,60058,10049,05540,03450,942
40/41 -----5622,41711,3403,8772,69263114,29413,19511,72916,18611,08920,16228,16114,591
40 -----5622,41711,3402,4531,67216012,62013,19511,72916,1869,51019,03926,81311,486
41 --------1,4241,0204711,674--01,5791,1231,3483,105
54/58 7568,9359,21022,71318,6301,41716,976304,09113,55017,9227492,5212565742511,1273,5521,7216
490/1 -------------1,0002,000-2,0006,500-
Balance sheet: equity and liabilities
10/49 504,103529,844547,680578,745592,224540,754385,566547,906146,229159,888109,949133,134151,042200,409274,450270,418261,352287,493248,950
10/15 142,384129,597120,457108,094101,049120,608173,212246,27813,142-80,583-24,860-22,284-17,828-21,54736,48639,02348,88954,18941,883
10/11 41,88341,88341,88341,88341,88341,88341,88341,88341,88341,88341,88341,88341,88341,88341,88341,88341,88341,88352,977
10 41,88341,88341,88341,88341,883--------------
100 41,88341,88341,88341,88341,88341,88341,88341,88341,88341,88341,88341,88341,88341,88341,88341,88341,88341,88352,977
13 134,816140,001145,186150,372155,557160,742165,927206,921-----------
132 134,816140,001145,186150,372155,557160,742165,927206,921-----------
14 -34,315-52,287-66,612-84,161-96,391-82,018-34,599-2,526-28,741-122,466-66,743-64,167-59,711-63,430-5,397-2,8607,00612,306-11,094
16 56,63058,80860,98663,16465,34267,52069,69886,917-----------
168 56,63058,80860,98663,16465,34267,52069,69886,917-----------
17/49 305,089341,439366,237407,487425,833352,627142,657214,711133,087240,471134,809155,418168,870221,956237,964231,395212,463233,304207,067
17 300,000315,000333,487378,741398,834191,267------9,33434,67446,47360,41545,41859,03832,062
170/4 --8,48728,74148,83468,767------9,33434,67446,47360,41545,41859,03832,062
178/9 300,000315,000325,000350,000350,000122,500-------------
42/48 4,02924,33731,71626,79326,999161,360142,657214,711133,087240,471134,809155,418159,536187,282191,491155,780167,045174,266174,860
42 -8,48720,25420,09319,93319,774---100,000-100,394-------
43 ------------98,988119,143106,73274,26778,04084,25088,886
430/8 ------------98,988119,143106,73274,26778,04084,25088,886
44 --5533515834282,03563,369-8,9442836,7058,52513,94514,17525,43223,26322,87428,739
440/4 --5533515834282,03563,369-8,9442836,7058,52513,94514,17525,43223,26322,87428,739
45 ----1,6573,3924,41516,695---2,0552,6947,43421,6987,19516,85622,60912,703
450/3 ----1,6573,3924,41516,695---2,0551,0632,1412,1613,1024,0716,6775,633
454/9 ------------1,6315,29319,5374,09312,78515,9327,070
47/48 4,02915,85010,9096,3494,827137,767136,207134,647133,087131,527134,52746,26449,32946,76048,88648,88648,88644,53344,532
492/3 1,0602,1011,0341,954----------015,200--145
Income statement
70 ------------2.1m200,327246,802265,805275,138386,705-
76A ----------26,233--------
9900 30,61727,08730,38825,03814,558-2,672-13,647318,96895,789-53,322-12,50876,046115,629118,250177,168181,999201,585236,508199,456
60/61 --------------73,55373,55373,553150,197-
62 ---------201,42759,42573,671110,978120,852128,844133,431130,430125,595
630 17,56217,56217,56217,56233,96452,25177,420---2,8505,0725,33727,44719,68817,32924,49421,03319,754
640/8 2,2292,1632,0871,9031,574467542532-2769,4139,50326,97131,27032,23538,17441,00259,43252,156
9901 10,8267,36310,7405,574-20,980-55,389-91,609318,43695,789-53,618-26,1992,0479,650-51,4454,393-2,3482,65825,6131,951
75/76B ---52481,4231,4581,774390103--------
75 ---52481,4231,4581,774390103--------
65/66B 2184015547121,0048161351582,1032,1052,7146,5035,9316,5886,9307,5187,95813,30713,045
65 2184015547121,0048161351582,1032,1052,7146,5035,9316,5886,9307,5187,95813,30713,045
9903 10,6096,96210,1854,867-21,736-54,782-90,286320,05393,725-55,722-2,576-4,4563,719-58,033-2,537-9,866-5,30012,306-11,094
780 2,1782,1782,1782,1782,178--------------
9904 12,7879,14012,3637,045-19,558-52,604-73,066233,13593,725-55,722-2,576-4,4563,719-58,033-2,537-9,866-5,30012,306-11,094
789 5,1855,1855,1855,1855,1855,18540,994------------
689 -------206,921-----------
9905 17,97214,32517,54812,230-14,373-47,419-32,07226,21493,725-55,722-2,576-4,4563,719-58,033-2,537-9,866-5,30012,306-11,094
Appropriation of the result
9906 -34,315-52,287-66,612-84,161-96,391-82,018-34,599-2,526-28,741-122,466-66,743-64,167-59,711-63,430-5,397-2,8607,0061,212-17,022
14P -52,287-66,612-84,161-96,391-82,018--------------
791/2 -----------------11,0945,928
Social balance sheet
9087 ----------01.22344444
Hours worked1013 ----------62,1542,5574,3405,1905,7455,0486,056-
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 17 older financial years (1990-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 25-08-2026.

Download as CSV

Filings

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

2025 annual accounts filed 25 days after the deadline. Filed on 25 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00430222.

Financial year Type Filed Reference Document
31-12-2025 micro format 25-08-2026 2026-00430222 PDF
31-12-2024 micro format 19-05-2025 2025-00101135 PDF
31-12-2023 micro format 25-06-2024 2024-00173380 PDF
31-12-2022 micro format 13-06-2023 2023-00132340 PDF
31-12-2021 micro format 29-07-2022 2022-20275041 PDF
31-12-2020 micro format 27-07-2021 2021-41200060 PDF
31-12-2019 micro format 21-08-2020 2020-43100077 PDF
31-12-2018 micro format 20-08-2019 2019-47800339 PDF
31-12-2017 micro format 17-08-2018 2018-47200174 PDF
31-12-2016 micro format 24-07-2017 2017-34500485 PDF
31-12-2015 abbreviated format 17-08-2016 2016-43200011 PDF
31-12-2014 abbreviated format 01-07-2015 2015-24800164 PDF
31-12-2013 abbreviated format 19-05-2014 2014-12800112 PDF
31-12-2012 abbreviated format 10-06-2013 2013-16700161 PDF
31-12-2011 abbreviated format 04-06-2012 2012-14800161 PDF
31-12-2010 abbreviated format 23-05-2011 2011-12100250 PDF
31-12-2009 abbreviated format 20-05-2010 2010-12400139 PDF
31-12-2008 abbreviated format 18-05-2009 2009-14900376 PDF
31-12-2007 abbreviated format 15-07-2008 2008-41300177 PDF
31-12-2006 abbreviated format 23-05-2007 2007-15200115 PDF
31-12-2005 abbreviated format 02-06-2006 2006-20203475 PDF
31-12-2004 abbreviated format 02-06-2005 2005-20101561 PDF
31-12-2003 abbreviated format 28-05-2004 2004-17802841 PDF
31-12-2002 abbreviated format 25-11-2003 2003-80405092 PDF
31-12-2001 abbreviated format 28-05-2002 2002-14801046 PDF
31-12-2000 abbreviated format 22-05-2001 2001-14003977 PDF
31-12-1999 abbreviated format 12-07-2000 2000-40804107 PDF
31-12-1998 abbreviated format 15-06-1999 1999-18500092 PDF
31-12-1997 abbreviated format 16-06-1998 1998-18401709 PDF
31-12-1996 abbreviated format 26-06-1997 1997-22400464 PDF
31-12-1995 abbreviated format 09-08-1996 1996-39603929 PDF
31-12-1994 abbreviated format 17-10-1995 1995-53904730 PDF
31-12-1993 abbreviated format 16-11-1994 1994-46902346 PDF
31-12-1992 abbreviated format 06-10-1993 1993-38903164 PDF
31-12-1991 abbreviated format 28-10-1992 1992-36600585 PDF
31-12-1990 abbreviated format 14-01-1992 1992-00603940 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
28,38824,92428,30123,13512,984-3,139-14,189----23,3497,11914,987-23,99824,08114,98127,15246,64621,705
30,34826,70229,92524,60614,406-3534,354---2746169,056-30,58617,1517,46319,19433,3398,660
000086,933224,853211,117103,673-36,40600-19,178-11,960039,198048,7003,362
-8,179-275-13,5034,08317,213-15,559-287,115290,541-4,37217,172-1,7712,265-318323-876-2,4251,8311,715-
-3,273-15,403-22,506-4,080-8,369-159,380-123,263100,720-115,660-219,857-133,429-133,703-124,985-127,879-97,454-85,464-92,276-97,850-109,321
------------0.5%-25.7%1.8%-0.9%1.0%6.6%-
28.2%24.5%22.0%18.7%17.1%22.3%44.9%44.9%9.0%-50.4%-22.6%-16.7%-11.8%-10.8%13.3%14.4%18.7%18.8%16.8%
0.190.370.290.850.690.010.141.470.130.090.010.140.220.320.490.450.450.440.37
0.190.370.290.850.690.010.141.470.130.090.010.110.080.070.100.080.150.210.08
2.142.633.043.774.212.920.820.8710.13-----6.525.934.354.314.94
9.0%7.1%10.3%6.5%-19.4%-43.6%-42.2%94.7%713.2%------7.0%-25.3%-10.8%22.7%-26.5%
2.5%1.7%2.3%1.2%-3.3%-9.7%-19.0%42.6%64.1%-34.9%-2.3%-3.3%2.5%-29.0%-0.9%-3.6%-2.0%4.3%-4.5%
over 10062.2251.0532.4912.93--------------
------------2 days21 days24 days13 days25 days25 days-
--------------70 days126 days115 days56 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.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets----€86,933
€17,562€17,562€17,562€17,562€33,964

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on DEVACOM

The operating result for 2025 is 47% higher than in 2024 and the highest since 2018. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total falls from 64.4% to 60.5%. Equity is higher and debt is lower.

Board & ownership

Board

3 directors, 1 in day-to-day management, last change in 2020
Director and managing director
appointed by deed of 15-06-2015
Director
appointed by deed of 15-06-2015
Director
appointed by deed of 15-06-2015

Office holders in the KBO →

Mandates through the years

3 names, the dashed line is today

Director, Managing director

Director

Director
LeadershipBoard
Mandates as a list
    • Director, appointed by deed of 15-06-2015, still in office
    • Managing director, appointed by deed of 15-06-2015, still in office
    • Director, appointed by deed of 15-06-2015, still in office
    • Director, appointed by deed of 15-06-2015, still in office

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

Control

Capital

Capital
€41,883
Source
2025 annual accounts

Network & group

No group

DEVACOM has no parent and no holdings in its annual accounts. DEVACOM shares no director with another company.

Timeline

Timeline

50 events since 1989

Deadline for the 2026 accounts: 31-07-2027

2026
3 directors reappointed (managing director), and · General meeting of 30-05-20255 points ▸
  • General meeting, 30-05-2025
  • Director reappointment,
  • Director reappointment,
  • Director reappointment,
  • Director reappointment, (managing director)

Open the deed in the Belgian Official Gazette

Annual accounts 2025 filed NBBmicro format · 25 days late
2025
Annual accounts 2024 filed PDFmicro format · 73 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 36 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 48 days before the deadline
2022
Back to profit net €7,045 The net result is €7,045, after 3 loss-making years.
Annual accounts 2021 filed PDFmicro format · 2 days before the deadline
2021
Annual accounts 2020 filed PDFmicro format · 4 days before the deadline
2020
Annual accounts 2019 filed PDFmicro format · 21 days late
3 directors reappointed (managing director), and · General meeting of 15-05-20205 points ▸
  • General meeting, 15-05-2020
  • Director reappointment,
  • Director reappointment,
  • Director reappointment,
  • Director reappointment, (managing director)
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2019
Weakest financial year net -€73,066 The net result drops to -€73,066, the lowest from 2007 to 2025. It recovers the following year.
Annual accounts 2018 filed PDFmicro format · 20 days late
Registered office moved within ZulteNew registered office: Molenstraat 58 te 9870 Zulte · Previous registered office: Molenstraat 40 te 9870 Zulte · General meeting of 03-12-20182 points ▸
  • General meeting, 03-12-2018
  • Registered-office move, Molenstraat 58 te 9870 Zulte
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2018
Highest result from 2007 to 2025 net €233,135 ▲149% The operating result of €318,436 and the net result of €233,135 are both a record.
Liquidity more than 11 times current ratio 1.47 The current ratio rises from 0.13 to 1.47.
Equity above €200,000 equity €246,278 ▲1,774% After 2 profitable years in a row, equity reaches €246,278.
Annual accounts 2017 filed PDFmicro format · 17 days late
2017
Back to profit net €93,725 The net result is €93,725, after 3 loss-making years.
Annual accounts 2016 filed PDFmicro format · 7 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 17 days late
2015
Annual accounts 2014 filed PDFabbreviated format · 30 days before the deadline
3 directors appointed (managing director), and · General meeting of 24-05-20156 points ▸
  • General meeting, 24-05-2015
  • Director appointment,
  • Director appointment,
  • Director appointment,
  • Board meeting, 24-05-2015
  • Director appointment, (managing director)

Open the deed in the Belgian Official Gazette

2014
Annual accounts 2013 filed PDFabbreviated format · 73 days before the deadline
2013
Back to profit net €3,719 The net result is €3,719, after 4 loss-making years.
Annual accounts 2012 filed PDFabbreviated format · 51 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 57 days before the deadline
2011
Annual accounts 2010 filed PDFabbreviated format · 69 days before the deadline
2010
Annual accounts 2009 filed PDFabbreviated format · 72 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 74 days before the deadline
2008
Back to profit net €12,306 The net result is €12,306, after one loss-making year.
Annual accounts 2007 filed PDFabbreviated format · 16 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 69 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
Annual accounts 1998 filed PDFabbreviated format
1998
Annual accounts 1997 filed NBBabbreviated format
1997
Annual accounts 1996 filed NBBabbreviated format
1996
Annual accounts 1995 filed NBBabbreviated format
1995
Annual accounts 1994 filed NBBabbreviated format
1994
Annual accounts 1993 filed NBBabbreviated format
1993
Annual accounts 1992 filed NBBabbreviated format
1992
Annual accounts 1991 filed NBBabbreviated format
Annual accounts 1990 filed NBBabbreviated format
1990
First establishment DEVACOM NV, Molenstraat 58, Zulte
1989
Incorporation published on 28-12-1989

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

DEVACOM was incorporated on 30 November 1989.1 The registered office was moved to Zulte in 2019.2 Total assets went from €547,906 in 2018 to €504,103 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 09-01-2019
  3. 3National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0439.137.707
VAT number
BE 0439.137.707
Legal form
Public limited company
Status
Active, normal situation
Founded
30-11-1989
Financial year
ends on 31 December
Peppol
Not found in the Peppol Directory
Name
DEVACOM in Dutch
Entity type
Legal entity

Registered office and establishments

1 establishment
Establishment Since Unit number
DEVACOM NV registered office Molenstraat 58, 9870 Zulte 68201 Renting and operating of own or leased residential real estate, excluding social housing 25-01-1990 2.047.095.720

Buildings and parcels at the address

Ground area
1,356 m²
Buildings
225 m²
Volume, LiDAR
1,374 m³
Tallest building
9.6 m
Buildings to scale, each on its own parcel
225 m², 9.6 m 225 m², 9.6 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
44050B1140/00B0001,356 m² 1 · 225 m² 9.6 m · 2

Invoicing and payment

E-invoicing via Peppol

Being listed in the Peppol Directory is voluntary, so the company can still receive invoices via Peppol.

Invoicing without a Peppol listing

Try sending from your invoicing software. If that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if you send it electronically, you need their agreement on a secure channel. The invoice remains valid; it is the customer, not you, who risks a penalty. FPS Finance

Follow this company and you will hear the next morning if it appears in the Peppol register.

Register as of 12 November 2026 · Peppol Directory