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DEVAN GROUP

In bankruptcy Public limited companyfounded 2012Brusselsesteenweg 190, 1785 MerchtemKBO/BCE: BE 0846.165.741

Overview

Information for creditors

Commercial Court of Brussels · Official Gazette of 12-09-2016
Appeal or third-party opposition 27-09-2016Filing the claim in RegSol 06-10-2016First verification report 12-10-2016Late claim 06-09-2017

Trustee: Mr Heethem Wim. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

Lifetime

11 annual accounts with figures on one time axis
peak €384,887 (2022)
€277,296▼ 7.2%
lowest -€118,178 (2013)
€26,687▼ 37.3%
peak €516,008 (2024)
€516,008▲ 5.5%
€1.5m▲ 13.6%
peak 3.8 FTE (2023)
2.9 FTE▼ 23.7%
Board4 names since 2017
3 directorsDevan BVBA and 2 others
Documentsfilings and deeds
29-04-20251 day before the deadline
2024abbreviated format
Result from €42,585 to €26,687Staff from 3.8 FTE to 2.9 FTE

Key points

from the 2024 annual accounts, the last ones filed

Debts

€1.5m 75% of the balance sheet
Financial debts 56%Suppliers 29%Taxes and wages 3%Other 12%

Of this, €996,035 falls due within a year.

Staff

4 employees on 30-09-2024
482021642022122023122024

In 2024, 1 person joined and 2 left.

Filings

11 annual accounts since 2013
deadline20152020

Five of the last ten came late. The 2021 accounts came latest: 205 days after the end of the period.

No score

Board and ownership

DB
Devan BVBA
S
Director
Board & ownership

Recent changes

Listed in the Peppol Directory
Amendment of the articles General meeting of 16-09-2025 · Gazette deed
2 directors appointed, 2 resignations Resignations: SENUCA BV and Ariane Nelissen · Permanent representatives: Giancarlo De Luca and Ariane Nelissen · Appointments: Giancarlo De Luca (chair of the board and managing director) and SENUCA BV · General meeting of 14-10-2023 · Gazette deed
Registered office moved from Asse to Merchtem New registered office: Brusselsesteenweg 190 te 1785 Merchtem · Previous registered office: Z. 5 MOLLEM 70, 1730 ASSE · General meeting of 23-10-2017 · Gazette deed
All 23 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 06-09-2016
Activity
Agents in non-specialised wholesale tradeNACE 46190and 1 other
Joint committees
100Auxiliary committee for blue-collar workers
200Auxiliary committee for white-collar workers · annual accounts 30-09-2024
Establishment unit
2.210.071.2591860 Meise, since 25-05-2012
Financial year end
30 September
Peppol
Reachable since 08-12-2025
Company details

Annual accounts to 30-09-2024

€277,296▼ 7.2%
≈ €1.4mestimated
€26,687▼ 37.3%
€516,008▲ 5.5%
€2.0m▲ 11.4%
Employeeson 30-09-2024
4▼ 20.0%
Filing
Filed on 29-04-2025
Financials

Insights on DEVAN GROUP

On 6 September 2016 the court declared DEVAN GROUP bankrupt.

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

Financials

Annual accounts 2024

abbreviated format, filed on 29-04-2025, 1 day before the deadline
€277,296
▼ 7.2%
€92,394
▼ 1.9%
€26,687
▼ 37.3%
€515,728
▲ 2.6%
25.4%
▼ 1.4 percentage points
1.52
▼ 0.15

The turnover shown is an estimate from the gross margin.

Turnover ≈ €1.4m. Estimated: probably between €880,000 and €2.4m.

Balance sheet

balance sheet total €2.0m on 30-09-2024
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

25.4%

Higher than 29% of 8,963 companies in 2024.

1.52

Higher than 41% of 8,828 companies in 2024.

1.3%

Higher than 35% of 8,905 companies in 2024.

DEVAN GROUP Middle half of the sector 80% of the sector Abbreviated accounts in wholesale trade (NACE 46)

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

Staff

€36,266

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

-1 person

people who joined people who left

In 2024, 1 person joined and 2 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20242023202220212020201920182017201620152013
Balance sheet: assets
20/58 2.0m1.8m2.0m1.7m1.6m1.6m2.1m1.5m837,645313,066286,452
21/28 519,263569,611588,204603,924604,989596,676749,858814,71432,71817,50024,414
21 10,00015,00020,00027,50035,00042,50050,00057,50015,00017,50023,228
22/27 508,513553,861567,454575,674569,239553,576699,258740,81412,718-1,186
22 399,400428,840458,280487,720517,160546,600693,968734,428---
23 -1845321,3591,5461,1701,7554,3043,928--
24 17,91122,37230,94241,36226,5105,8063,5352,0828,790-1,186
26 91,202102,46577,70045,23324,024------
28 75075075075075060060016,4005,000--
29/58 1.5m1.3m1.4m1.1m1.0m983,1741.3m723,785804,927295,566262,038
29 150,000150,000150,000--150,000150,00032,725---
291 150,000150,000150,000--150,000150,00032,725---
3 363,825457,765687,399294,241465,249405,584282,768152,374214,60982,528181,920
30/36 363,825457,765687,399294,241465,249405,584282,768152,374214,60982,528181,920
40/41 982,754626,182561,556793,515373,059299,370746,029442,992463,989175,18963,398
40 678,140549,746448,432453,042219,706236,357565,034330,725369,660149,94033,332
41 304,61476,435113,123340,473153,35263,013180,995112,26794,32925,24930,066
54/58 9,39511,02124,13233,495169,61196,219140,35795,695126,32921,50316,672
490/1 5,7888,20311,245696-32,000---16,34648
Balance sheet: equity and liabilities
10/49 2.0m1.8m2.0m1.7m1.6m1.6m2.1m1.5m837,645313,066286,452
10/15 516,008489,321446,736354,683326,133293,424250,511228,998200,77246,223131,822
10/11 250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000
10 250,000250,000250,000250,000-------
100 250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000
12 64,39864,39864,39864,39864,39864,398-----
13 13,00013,00010,5005,5005,500500500----
130/1 13,00013,00010,5005,5005,500------
130 13,00013,00010,5005,5005,500500500----
14 188,610161,923121,83834,7856,235-21,47511-21,002-49,228-203,777-118,178
17/49 1.5m1.3m1.6m1.4m1.3m1.3m1.8m1.3m636,873266,843154,630
17 505,442570,961624,067694,502742,700791,181739,045729,000---
170/4 505,442570,961624,067694,502742,700791,181739,045729,000---
42/48 996,035750,461948,677676,521544,074495,0311.1m580,502636,873266,560154,219
42 103,43476,61570,43568,90262,18147,86443,27821,000---
43 350,000250,000286,637250,000250,000250,000300,000145,965110,183150,000125,000
430/8 350,000250,000250,000250,000250,000250,000300,000145,965110,183150,000125,000
439 --36,637--------
44 435,520373,123566,422281,925194,157160,795356,211275,759338,15576,22127,718
440/4 435,520373,123566,422281,925194,157160,795356,211275,759338,15576,22127,718
46 13,932-10,58116,557-------
45 49,26950,72314,00259,13726,71336,37365,78818,20753,53517,1101,501
450/3 37,14234,91386749,75120,25824,64652,8965,1651,2636,671180
454/9 12,12715,80913,1359,3856,45411,72612,89313,04352,27210,4391,321
47/48 43,881-600-11,024-314,178119,570135,00023,229-
492/3 13,54112,0393,056165-213---283411
Income statement
76A 20,00010,61710,467-2,50032,000-7,728---
9900 277,296298,806384,887275,060246,370297,027333,641198,716246,73662,435-49,665
62 105,171125,112124,47591,61577,57388,93480,28056,08156,917102,00933,503
630 58,70761,21959,59256,28042,65010,63452,46425,0417,6476,9146,914
631/4 ----40,559------
640/8 20,71718,32139,97215,81220,40423,80729,69724,8779823483,656
66A 307-6,052--110,640----10,000
9901 92,39494,154154,796111,35365,18563,013171,20092,717181,190-46,836-93,738
75/76B 6,53018,16411,0928,04023,0082,1303172,500-3,721457
75 6,53018,16411,0928,04023,0082,1303172,500-3,721457
65/66B 57,81248,56240,37942,46143,66681,859148,89460,73626,64142,48414,897
65 57,81248,56240,37942,46143,66681,859148,89460,73626,64142,48414,897
9903 41,11263,757125,50976,93344,527-16,71622,62434,481154,549-85,599-118,178
67/77 14,42521,17233,45648,38311,8174,7701,1116,255---
9904 26,68742,58592,05328,55032,710-21,48621,51328,226154,549-85,599-118,178
9905 26,68742,58592,05328,55032,710-21,48621,51328,226154,549-85,599-118,178
Appropriation of the result
9906 188,610164,423126,83834,78511,235-21,475511-21,002-49,228-203,777-118,178
14P 161,923121,83834,7856,235-------
691/2 -2,5005,000-5,000-500----
6920 -2,5005,000-5,000-500----
Social balance sheet
9087 2.93.83.42.72.32.51.51.31.31.31.1
Hours worked1013 3,4945,1945,8044,2723,2324,3522,8752,3732,3733,9921,459
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 15 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 2024 (PDF), filed on 29-04-2025.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-09-2024 abbreviated format 29-04-2025 2025-00084153 PDF
30-09-2023 abbreviated format 30-04-2024 2024-00081061 PDF
30-09-2022 abbreviated format 11-05-2023 2023-00086372 PDF
30-09-2021 full format 21-11-2022 2022-20524914 PDF
30-09-2020 abbreviated format 18-03-2021 2021-07800445 PDF
30-09-2019 abbreviated format 25-06-2020 2020-22600170 PDF
30-09-2018 abbreviated format 07-06-2019 2019-17300456 PDF
30-09-2017 abbreviated format 01-02-2018 2018-04100361 PDF
30-09-2016 full format 31-01-2017 2017-03800543 PDF
30-09-2015 full format 09-05-2016 2016-11900020 PDF
31-12-2013 full format 25-08-2014 2014-52500583 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20242023202220212020201920182017201620152013
151,101155,373214,388167,633107,83573,646223,664117,757188,837-39,922-86,824
85,394103,804151,64584,83075,360-10,85273,97753,267162,196-78,685-111,264
8,36042,62643,87255,21551,773445,5533,407814,30822,865-31,328
-1,626-13,111-9,363-136,11673,391-44,13844,662-30,634104,826--
515,728502,710485,655445,426463,844488,142239,698143,284168,05429,006107,819
25.4%26.8%22.1%20.6%20.2%18.6%12.1%14.9%24.0%14.8%46.0%
1.521.671.511.661.851.991.221.251.261.111.70
1.151.060.791.221.001.170.960.980.930.800.52
2.942.733.533.873.954.387.265.723.175.771.17
5.2%8.7%20.6%8.0%10.0%-7.3%8.6%12.3%77.0%-185.2%-89.6%
1.3%2.3%4.6%1.7%2.0%-1.4%1.0%1.8%18.5%-27.3%-41.3%
2.613.205.313.95-------

EBIT margin: not included in this filing.

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

Item30-09-202430-09-202330-09-202230-09-2021
Employees at the balance-sheet date4564
full-time1241
part-time3323
in full-time equivalents2.53.552.5
2.93.83.42.7
On a permanent contract3543
Joined1164
Left2248

Source: social balance sheet in the 2021 to 2024 annual accounts

Investments

fixed assets acquired
Item30-09-202430-09-202330-09-202230-09-2021
Tangible fixed assets€8,360€42,626€43,872€55,215
€58,707€61,219€59,592€56,280

Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)

Insights on DEVAN GROUP

The operating result for 2024 is 2% lower than in 2023 and the lowest since 2020. It is the second fall in a row.

Debt's share of the balance-sheet total rises from 73.2% to 74.6%. Equity and debt are higher.

Board & ownership

Curator

the curator has managed the company since 06-09-2016
Curator, Waterloosesteenweg 412/F, 1050 Brussel 5
Also on 135 other cases

Last board

3 directors, 1 in day-to-day management, last change in 2023
Chair of the board and managing director and director
appointed by deed of 25-10-2023 6-year term from 2023
listed in the 2024 annual accounts, filed on 29-04-2025
Devan BVBA
Director, permanent representative De Luca Giancarlo
appointed by deed of 20-03-2017
listed in the 2024 annual accounts, filed on 29-04-2025
Director
appointed by deed of 25-10-2023 6-year term from 2023
also on the board of 1 other company
listed in the 2024 annual accounts, filed on 29-04-2025
Giancarlo De Luca
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 22: Vertegenwoordiging van de vennootschap 1. Alle akten die de vennootschap verbinden, in en buiten rechte, zijn geldig wanneer zij…”
deed of 02-10-2025
Permanent representatives 1
Permanent representative, for Devan BVBA
appointed by deed of 20-03-2017

Office holders in the KBO →

Mandates through the years

4 names, the dashed line is today
Devan BVBA
Board
Giancarlo De Luca
Chair of the board and managing director, Director
SENUCA
Director
LeadershipBoardEarlierRest of the termmandate already running before its first mentionend not datedBankruptcy 06-09-2016
Mandates as a list
  • Devan BVBA
    • Board, appointed by deed of 20-03-2017, still in office
    • Managing director, appointed by deed of 20-03-2017, last mentioned in 2017
  • Giancarlo De Luca
    • Board, until 20-03-2017
    • Director, appointed by deed of 25-10-2023, still in office
    • Chair of the board and managing director, appointed by deed of 25-10-2023, still in office
    • Chair of the board and managing director, appointed by deed of 25-10-2023, still in office
  • SENUCA
    • Director, since before 30-09-2023
  • Ariane Nelissen
    • Director, until 25-10-2023

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

Control

Capital

Capital
€250,000
Shares
2,500
Contribution per share
€100
Equity per share
€206 in 2024
Source
deed of 02-10-2025

Articles of association

deed of 02-10-2025 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Financial yearThe company draws up its annual accounts over this twelve-month period.
From 1 July to 30 June
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Thursday of December at 14:00

Network & group

No group

DEVAN GROUP has no parent and no holdings in its annual accounts.

Connections & network

1 connected company
Depth

The connected companies are in the list below.

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
CONCORD SYSTEM
via SENUCA · Director · deed of 12-12-2023
Founded in 1993 · total assets €107,864 (2025) · negative equity
→

Timeline

Timeline

23 events since 2012
2025
Listed in the Peppol Directory
Amendment of the articlesGeneral meeting of 16-09-20253 points ▸
  • General meeting, 16-09-2025
  • Registered office clause, Brusselsesteenweg 190, 1785 Merchtem
  • Capital, €250,000, 2,500 shares
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2024 filed PDFabbreviated format · 1 day before the deadline
2024
Equity above €500,000 equity €516,008 ▲5.5% After 5 profitable years in a row, equity reaches €516,008.
Annual accounts 2023 filed PDFabbreviated format · on the deadline day
2023
2 directors appointed, 2 resignationsResignations: SENUCA BV and Ariane Nelissen · Permanent representatives: Giancarlo De Luca and Ariane Nelissen · Appointments: Giancarlo De Luca (chair of the board and managing director) and SENUCA BV · General meeting of 14-10-20238 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFabbreviated format · 11 days late
2022
Annual accounts 2021 filed PDFfull format · 205 days late
2021
Annual accounts 2020 filed PDFabbreviated format · 43 days before the deadline
2020
Back to profit net €32,710 The net result is €32,710, after one loss-making year.
Annual accounts 2019 filed PDFabbreviated format · 56 days late
2019
Annual accounts 2018 filed PDFabbreviated format · 38 days late
2018
Registered office moved from Asse to MerchtemNew registered office: Brusselsesteenweg 190 te 1785 Merchtem · Previous registered office: Z. 5 MOLLEM 70, 1730 ASSE · General meeting of 23-10-20172 points ▸
  • General meeting, 23-10-2017
  • Registered-office move, Brusselsesteenweg 190 te 1785 Merchtem

Open the deed in the Belgian Official Gazette

Annual accounts 2017 filed PDFabbreviated format · 88 days before the deadline
2017
Registered office moved from Etterbeek to MollemNew registered office: Zone 5, MOLLEM 70 te 1730 MOLLEM · Previous registered office: Sint-Michielslaan 65 bus 6, 1040 Etterbeek, België · Resignation: De Luca Giancarlo (director) · General meeting of 22-02-20176 points ▸
  • General meeting, 22-02-2017
  • Director resignation, De Luca Giancarlo
  • Director appointment, Devan BVBA
  • Permanent representative, De Luca Giancarlo
  • Registered-office move, Zone 5, MOLLEM 70 te 1730 MOLLEM
  • Director appointment, Devan BVBA (managing director)
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Annual accounts 2016 filed PDFfull format · 89 days before the deadline
2016
Back to profit net €154,549 The net result is €154,549, after 2 loss-making years.
Equity above €200,000 equity €200,772 ▲334% Equity rises from €46,223 to €200,772.
Bankruptcy published Commercial Court of Brussels · judgment of 06-09-2016
Annual accounts 2015 filed PDFfull format · 9 days late
2014
Annual accounts 2013 filed PDFfull format · 25 days late
2012
Incorporation PDF11 publications in the Belgian Official Gazette, the last on 02-10-2025 · published on 06-06-2012
First establishment Vilvoordsesteenweg 98, Meise

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

On 25 May 2012, DEVAN GROUP was incorporated.1 The registered office moved to Mollem in 2017 and to Merchtem in 2018.23 Total assets went from €1.6m in 2019 to €2.0m in 2024 and headcount from 2.5 to 2.9 full-time equivalents.4 The company was declared bankrupt on 6 September 2016.5

  1. 1KBO register
  2. 2Belgian Official Gazette, 20-03-2017
  3. 3Belgian Official Gazette, 14-02-2018
  4. 4National Bank, annual accounts 2019 and 2024
  5. 5Belgian Official Gazette, 12-09-2016

Company details

Identity

Enterprise number
0846.165.741
VAT number
BE 0846.165.741
Peppol ID
0208:0846165741
Legal form
Public limited company
Status
In bankruptcy, since 06-09-2016
Founded
25-05-2012
Financial yearThe company draws up its annual accounts over this twelve-month period.
From 1 July to 30 June
deed of 02-10-2025 (in Dutch)
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Thursday of December at 14:00
deed of 02-10-2025 (in Dutch)
Peppol
Listed since 08-12-2025The listing only disappears when the Peppol service provider removes it.
Name
DEVAN GROUP in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 02-10-2025 (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 02-10-2025 (in Dutch)

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
Joint committees annual accounts 30-09-2024
JC 100 Auxiliary committee for blue-collar workers
JC 200 Auxiliary committee for white-collar workers
Codes under NACEBEL 2008
VAT activities
46190 Wholesale trade main activity
68100 Real estate activities
Social security (RSZ) activities
46190 Wholesale trade main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“De import, export, aankoop, verkoop, vertegenwoordiging, fabricage, en in het algemeen de commerciële valorisatie onder de meest uitgebreide…”
9 activities
  1. De import, export, aankoop, verkoop, vertegenwoordiging, fabricage, en in het algemeen de commerciële valorisatie onder de meest uitgebreide vormen evenals de groot- en kleinhandel in het algemeen van alle goederen en producten.
  2. Zij kan tevens winkels of warenhuizen en in het algemeen elke commerciële ruimte uitbaten die verband houdt met deze goederen of producten.
  3. De aankoop, het beheer en de exploitatie van alle intellectuele rechten, brevetten en licenties.
  4. Het huren, verhuren en aan- en verkopen van onroerende goederen, het verkavelen, het ruilen, het verbeteren, het renoveren van onroerende goederen, het verhuren al dan niet gemeubeld, het opbouwen van een onroerend patrimonium met inbegrip van onroerende zakelijke rechten en, in het algemeen, alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of het productief maken van onroerende goederen of onroerende zakelijke rechten.
  5. De aankoop, verkoop, cessie en ruil van alle roerende waarden, aandelen, deelbewijzen, obligaties, overheidsfondsen, opties en alle andere roerende rechten;
  6. Het nemen van participaties onder welke vorm dan ook, in alle vennootschappen en verenigingen, bestaande of nog op te richten, met burgerlijke, industriële, financiële, onroerende, commerciële of andere doeleinden; het beheer en de valorisatie van deze participaties.
  7. De vennootschap zal elke onderneming kunnen starten, elke vennootschap kunnen oprichten, een inbreng verrichten in een andere vennootschap, fuseren of met andere vennootschappen samenwerken, onderschrijven, aan- en verkopen van aandelen en deelbewijzen en andere maatschappelijke rechten, voorschotten en leningen verschaffen, borg staan ten aanzien van derden.
  8. Ze zal ook bestuurder, zaakvoerder of vereffenaar kunnen zijn in andere vennootschappen.
  9. De vennootschap zal in het algemeen alle garanties kunnen verschaffen, alle commerciële, industriële of financiële handelingen, roerend of onroerend, die nodig zijn voor de verwezenlijking van haar maatschappelijk doel of hieraan, rechtstreeks of onrechtstreeks kunnen meehelpen.
deed of 02-10-2025 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Brusselsesteenweg 190 registered office 1785 Merchtem
Vilvoordsesteenweg 98 1860 Meise 25-05-2012 2.210.071.259
2 former offices
  • Z. 5 Mollem 70, 1730 Asse until 23-10-2017 · deed of 14-02-2018
  • Sint-Michielslaan 65 bus 6, 1040 Etterbeek until the deed of 20-03-2017

Buildings and parcels at the addresses

Ground area
5,003 m²
Buildings
1,256 m²
Volume, LiDAR
9,406 m³
Tallest building
10.9 m
Buildings to scale, each on its own parcel
1,092 m², 9.5 m 164 m², 10.9 m 1,092 m², 9.5 m 164 m², 10.9 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
23050F0154/00G0003,083 m² 1 · 164 m² 10.9 m · 2
23602I0172/00Z0041,920 m² 1 · 1,092 m² 9.5 m · 3