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DEVAPLUS R & C

Active Private limited companyfounded 1986active for 40 yearsNijverheidslaan 12, 9880 AalterKBO/BCE: BE 0429.696.736 subsidiary of Gevaplast
DEVAPLUS R & C
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Overview

Lifetime

17 annual accounts with figures on one time axis, 39 filings since 1987
peak €404,769 (2025)
€404,769▲ 33.5%
lowest -€10,676 (2008)
€267,605▲ 42.7%
peak €1.5m (2024)
€520,903▼ 65.0%
€380,458▼ 32.9%
peak 1 FTE (2017)
0.4 FTE 
Board5 names since 2010
2 directorsFilip DE VALCK and 1 other
Owners
100%Gevaplast
Documentsfilings and deeds
01-07-202630 days before the deadline
2025abbreviated format
Gross margin from €303,185 to €404,769Result from €187,501 to €267,605Amendment of the articles 06-10Registered office moved from Wetteren to Aalter 14-03Demerger: DEVAPLUS R & C splits off to FDV WORKS 13-02Dividend €187,501

Key points

from the 2025 annual accounts

Equity

€520,903 from €1.5m in 2024

Equity fell by 65% in 1 year.

Investments

€60,490 10.4 × depreciation
2021202220242025

Green is investment, beige is depreciation.

Filings

39 annual accounts since 1987
AprilJune31 JulyOctober1990200020102020

Three of the last ten came late. The 2023 accounts came latest: 24 days after the end of the period.

Restructuring

2025
  • 28-10-1986 founded
  • 13-02-2025 contribution to FDV WORKS

Branch transferred to FDV WORKS. Contribution on 13-02-2025.

Board

2 joined · 1 left

Board changed. Latest change 18-06-2026 · 3 in office.

Position in the sector

€267,605

Higher net result than 92% of companies in construction of buildings. Sector median €19,063 · 2,809 companies.

Equity -65%: branch of activity transferred

Checked score

95
Excellent
Financially stronger than 81% of micro companies in construction of buildings (NACE 41)
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: 1.5% across 13,458 companies (NACE 41, micro).

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

Last 24 months 12-2024: 0.1%lowest value 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged 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: 0.2%● unchanged vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.4%▲ +0.1 percentage points vs 04-2026 06-2026: 0.6%▲ +0.2 percentage points vs 05-2026 07-2026: 1.0%▲ +0.4 percentage points vs 06-2026highest value 08-2026: 0.1%▼ -0.9 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

83-14equity 57.8% of total assets
82+28short-term debt 39.6% · cash 44.1%
100+20return on assets 29.7%

Score breakdown

raises risk
1 change of registered office in 24 months
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Liquidity: current ratio 2.37, cash €397,927
Founded in 1986
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 41, micro). It does better than 67% of them on solvency, 84% on liquidity and 91% on profitability.

The bankruptcy probability was computed on 08-11-2026 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 31-12-2025.

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, 31,368 companies had the same profile as DEVAPLUS R & C has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of DEVAPLUS R & C itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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 31,368 companies, not a prediction for DEVAPLUS R & C. 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 €45,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.37 (1.79 in 2024), above the usual 1.5. Short-term debt is 39.6% and cash 44.1% of total assets. 42.2% 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 riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 2.37, cash €397,927
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Founded in 1986
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 days early
2024
35 days early
2023
24 days late
2022
3 days early
2021
17 days late
2020
9 days early
2019
13 days late
← 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 3 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

JB
JACQMAN BV
Director, Quint GEVAERT, since 03-03-2025
MB
MUTN BV
Director, Marc THOMETSCHEK
SB
SYDWELL BV
Director, Sydney GEVAERT
Board & ownership

Recent changes

3 directors appointed, 1 resignation Resignation: Filip DE VALCK · Appointments: MUTN BV, SYDWELL BV and JACQMAN BV · Permanent representatives: Marc THOMETSCHEK, Sydney GEVAERT and Quint GEVAERT · General meeting of 18-06-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0429696736
Amendment of the articles General meeting of 30-09-2025 · Gazette deed
Registered office moved from Wetteren to Aalter New registered office: Nijverheidslaan 12, 9880 Aalter · Previous registered office: Bellevoorde 1, 9230 Wetteren · Appointment: JACQMAN BV (director) · General meeting of 03-03-2025 · Gazette deed
All 58 events

Comparable companies

same main activity, similar in size and age
Company
DEVAPLUS R & C Aalter €0.9m €404,769 57.8% 0.4
ALGEMENE BOUWWERKEN ERIK COPPENS EN ZOON Erpe-Mere €0.7m €302,561 64.8% 1
BOUW - EN COORDINATIEBEDRIJF DER VLAAMSE ARDENNEN Maarkedal €1.0m €322,283 41.9% 0
Kurt Vande Vyvere Bouwonderneming Wingene €0.7m €422,714 41.2% 0.8
RAPPE Wanze €1.1m €310,095 36.4% 0.9
Immobilière - Transformation - Construction Gembloux €1.2m €361,657 25.5% 0
VAN NIEUWENHUYSE BOUW Ghent €0.9m €289,870 23.4% 0.9

These companies have the same main activity as DEVAPLUS R & C: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €723,000 and €1.2m, founded between 1977 and 1996.

Official details

Source: KBO
Status
Active since 28-10-1986Normal situation
Activity
General construction of residential buildingsNACE 41001and 2 others
Establishment unit
2.034.574.5059880 Aalter, since 18-11-1986
Financial year end
31 December
Peppol
Reachable since 17-12-2025
Company details

Annual accounts 2025

€404,769
≈ €860,000estimated
€267,605
€520,903
€901,361
0.4 FTE
Filing
Filed on 01-07-2026, 30 days before the end of the filing period
Financials

Companies linked to DEVAPLUS R & C

Insights on DEVAPLUS R & C

DEVAPLUS R & C files the abbreviated format. That format states no turnover. The gross margin rose from €797 in 2007 to €404,769 in 2025.

The balance sheet grew most from 2021 to 2023 through fixed assets.

Gevaplast holds all the shares.

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

Financials

Annual accounts 2025

abbreviated format, filed on 01-07-2026, 30 days before the deadline
€404,769
▲ 33.5%
€376,232
▲ 43.1%
€267,605
▲ 42.7%
€487,393
▲ 10.0%
57.8%
▼ 14.6 percentage points
2.37
▲ 0.58

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

Turnover ≈ €860,000. Estimated: probably between €690,000 and €1.3m.

Balance sheet

balance sheet total €901,361 on 31-12-2025
What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

57.8%

Higher than 69% of 2,815 companies in 2025.

2.37

Higher than 68% of 2,744 companies in 2025.

29.7%

Higher than 91% of 2,780 companies in 2025.

DEVAPLUS R & C Middle half of the sector 80% of the sector Abbreviated accounts in construction of buildings (NACE 41)

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

Staff

€49,998

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

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120082007
Balance sheet: assets
20/58 901,3612.1m2.2m1.9m1.1m932,526841,308715,687675,806675,140545,450264,394242,671173,184166,4973,57617,415
21/28 57,0391.0m1.1m1.1m342,394362,743393,973377,539404,651413,354239,94173,95859,14221,11824,279-10,359
21 ------6301,2601,8902,5203,1503,7804,4105,0405,670-9,000
22/27 57,0391.0m1.1m1.1m342,394362,743393,343376,279402,761410,834236,79170,17854,73216,07818,609-1,359
22 -1.0m1.0m1.1m277,090295,125314,800334,475354,150373,825179,550------
23 -6781,7193,6632,0545,0978,39412,32317,11216,54121,41913,77315,9947,3126,921-1,359
24 22,88022,27632,71045,80763,25062,52170,14929,48131,50020,46835,82256,40538,7378,76611,688--
25 34,159----------------
29/58 844,3221.0m1.1m812,098800,299569,783447,335338,149271,155261,785305,509190,435183,529152,067142,2183,5767,056
3 122,056121,266285,085138,586107,125131,018236,188158,920103,72899,30092,76960,36082,33687,30155,862-5,536
30/36 122,056121,266285,085138,586107,125131,018236,188158,920103,72899,30092,76960,36082,33687,30155,862-5,536
40/41 323,763152,85850,75324,14824,0556,64830,28448,55531,32321,05151,69959,85844,30841,08644,2373,4751,060
40 13,673152,65738,77515,8037,9846,6488,59435,47116,48017,62313,21013,9589,60014,17831,4903,475-
41 310,09020111,9778,34516,072-21,69013,08414,8433,42938,48945,90034,70826,90912,747-1,060
50/53 -494,269494,269494,269244,957------------
54/58 397,927236,756252,329135,096424,161429,747178,646130,674136,104141,434161,04170,21844,88523,67942,119101460
490/1 576--20,000-2,3702,217-----12,000----
Balance sheet: equity and liabilities
10/49 901,3612.1m2.2m1.9m1.1m932,526841,308715,687675,806675,140545,450264,394242,671173,184166,4973,57617,415
10/15 520,9031.5m1.3m1.1m1.0m767,363600,706470,538350,617250,088194,603121,46178,22555,43920,038-12,101-7,617
10/11 5,51018,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59212,400
100 ------18,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,592
101 ----------------6,192
13 515,3931.3m1.3m1.1m978,242744,242578,115448,954329,902229,859174,859101,85951,85931,859500252252
130/1 --1,8591,8591,8591,859-----------
130 ------1,8591,8591,8591,8591,8591,8591,8591,859500252252
1311 --1,8591,8591,8591,859-----------
132 1143833833833833832569543--------
133 515,2791.3m1.3m1.1m976,000742,000576,000447,000328,000228,000173,000100,00050,00030,000---
14 -194,4126,9115,6314,8384,5294,0002,9922,1231,6361,1521,0097,7744,987946-30,945-20,269
17/49 380,458566,721862,659808,318141,020165,162240,602245,149325,189425,052350,847142,933164,445117,746146,45915,67825,032
17 23,529---------------8,995
170/4 23,529---------------8,995
42/48 356,929562,155859,341806,135138,988163,184237,348242,283315,922422,477348,601141,193160,794117,746146,45915,67815,547
42 11,528---------------3,970
43 ----------------5,261
430/8 ----------------5,261
44 263,43393,417395,744355,12243,37253,287149,489152,803119,538142,502120,80592,495125,29093,453125,4643,8166,046
440/4 263,43393,417395,744355,12243,37253,287149,489152,803119,538142,502120,80592,495125,29093,453125,4643,8166,046
45 21,15329,91027,07021,18622,15140,67817,88316,18731,71414,74711,3779,1692,253198104424270
450/3 21,15323,89720,84516,02117,14932,57211,08011,41927,93912,84811,3779,1692,253198104424270
454/9 -6,0136,2255,1655,0018,1066,8024,7683,7751,899-------
47/48 60,817438,827436,526429,82673,46569,22069,97773,293164,671265,228216,41939,53033,25224,09520,89111,438-
492/3 -4,5663,3192,1842,0331,9783,2532,8679,2662,5752,2461,7403,651---490
Income statement
76A 42,8991,0005,000--7,0007,5008,100-------1,033-
9900 404,769303,185313,121294,148396,811321,840308,482291,357265,348164,700174,072104,92562,32956,76340,8511,028797
62 19,999-----31,09232,43431,082--------
630 5,82233,82034,716132,44529,88449,34153,12552,33352,36946,96143,49034,55730,5776,0125,127-3,487
631/4 ---2,744-------100-----
640/8 2,7166,4634,6854,0906,7324,68410,0681,6352,9381,3221,7192,231722586590761689
66A ----4,044----5,784-----9,781-
9901 376,232262,903273,720154,870356,150267,816214,197204,955178,959116,417128,86368,03731,03050,16435,134267-3,379
75/76B 2,0914,6416,55030,1052,9071,4761,7249,5151,8901,2316349261,8698,782916478
75 2,0914,6416,55030,1052,9071,4761,7249,5151,8901,2316349261,8698,782916478
65/66B 27,00523,61021,09220,30721,26518,41120,52617,64215,95121,01512,7857,4452,0902761482,2002,126
65 27,00523,61021,09220,30721,26518,41120,52617,64215,95115,23112,7857,4452,0902761482,2002,126
66B ---------5,784-------
9903 351,318243,934259,179164,668337,792250,880195,395196,828164,89896,632116,71261,51830,80958,67035,902-10,676-5,427
67/77 83,71356,43377,89947,876103,48384,22465,22776,90864,36841,14743,56918,2838,02223,269---
9904 267,605187,501181,280116,793234,309166,657130,168119,921100,53055,48573,14343,23522,78735,40135,902-10,676-5,427
689 -----1281615243--------
9905 267,605187,501181,280116,793234,309166,529130,007119,869100,48755,48573,14343,23522,78735,40135,902-10,676-5,427
Appropriation of the result
9906 325,226194,412186,911121,631238,838170,529133,000121,992102,12356,63674,15251,00927,77436,3471,194-30,945-20,269
14P 57,6216,9115,6314,8384,529------------
691/2 137,725-180,000116,000234,000166,000129,000119,000100,00055,00073,00050,00020,00031,359248--
6920 -------------1,359248--
6921 137,725-180,000116,000234,000166,000129,000119,000100,00055,00073,00050,00020,00030,000---
694/7 187,501----------------
694 187,501----------------
Social balance sheet
9087 0.4-----111--------
Hours worked1013 ------1,7111,7651,854--------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 20 older financial years (1987-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 12 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 01-07-2026.

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
31-12-2025 abbreviated format 01-07-2026 2026-00244298 PDF
30-09-2024 abbreviated format 26-03-2025 2025-00054558 PDF
30-09-2023 abbreviated format 24-05-2024 2024-00094727 PDF
30-09-2022 abbreviated format 27-04-2023 2023-00068444 PDF
30-09-2021 abbreviated format 17-05-2022 2022-20028005 PDF
30-09-2020 abbreviated format 21-04-2021 2021-10800359 PDF
30-09-2019 abbreviated format 13-05-2020 2020-12300052 PDF
30-09-2018 abbreviated format 11-04-2019 2019-09800360 PDF
30-09-2017 abbreviated format 09-04-2018 2018-09400578 PDF
30-09-2016 abbreviated format 11-04-2017 2017-09300172 PDF
30-09-2015 abbreviated format 31-03-2016 2016-09000095 PDF
30-09-2014 abbreviated format 08-04-2015 2015-09400497 PDF
30-09-2013 abbreviated format 14-05-2014 2014-12300111 PDF
30-09-2012 abbreviated format 25-04-2013 2013-09900126 PDF
30-09-2011 abbreviated format 27-04-2012 2012-10100080 PDF
30-09-2010 abbreviated format 31-03-2011 2011-07500191 PDF
30-09-2009 abbreviated format 17-03-2010 2010-06900228 PDF
30-09-2008 abbreviated format 26-05-2009 2009-16300066 PDF
30-09-2007 abbreviated format 21-05-2008 2008-15100038 PDF
30-09-2006 abbreviated format 29-03-2007 2007-10700810 PDF
30-09-2005 abbreviated format 31-03-2006 2006-09705363 PDF
30-09-2004 abbreviated format 24-03-2005 2005-09002605 PDF
30-09-2003 abbreviated format 13-04-2004 2004-11004004 PDF
30-09-2002 abbreviated format 30-04-2003 2003-12600400 PDF
30-09-2001 abbreviated format 28-03-2002 2002-08201791 PDF
30-09-2000 abbreviated format 17-04-2001 2001-10000876 PDF
30-09-1999 abbreviated format 31-03-2000 2000-08400889 PDF
30-09-1998 abbreviated format 15-06-1999 1999-18403845 PDF
30-09-1997 abbreviated format 18-05-1998 1998-10101296 PDF
30-09-1996 abbreviated format 18-06-1997 1997-16800438 PDF
30-09-1995 abbreviated format 26-04-1996 1996-06702262 PDF
30-09-1994 abbreviated format 28-04-1995 1995-06600213 PDF
30-09-1993 abbreviated format 30-03-1994 1994-05500259 PDF
30-09-1992 abbreviated format 05-05-1993 1993-06404692 PDF
30-09-1991 abbreviated format 14-05-1992 1992-05803691 PDF
30-09-1990 abbreviated format 16-04-1991 1991-03904481 PDF
30-09-1989 abbreviated format 08-06-1990 1990-07601198 PDF
30-09-1988 abbreviated format 28-04-1989 1989-03303045 PDF
30-09-1987 abbreviated format 28-09-1988 1988-21201468 PDF

Subsidies and aid

Flemish government 2023, 1 entry, €2,400 awarded, €2,400 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
€2,400

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120082007
382,054296,722308,436287,315386,035317,156267,322257,288231,329163,378172,353102,59461,60756,17640,261-108
273,427221,321215,996249,237264,193215,998183,293172,254152,899102,446116,63377,79253,36441,41341,029--1,940
60,4902,6680904,73649,77818,11069,56025,22143,666412,159209,47249,37468,6012,85129,406-328
161,171-15,573117,233-289,066-5,586251,10147,972-5,429-5,330-19,60790,82325,33321,206-18,440--359-
487,393442,994223,0955,964661,311406,598209,98695,866-44,768-160,691-43,09249,24222,73534,321-4,241-12,101-8,491
57.8%72.4%60.1%58.0%87.7%82.3%71.4%65.7%51.9%37.0%35.7%45.9%32.2%32.0%12.0%--43.7%
2.371.791.261.015.763.491.881.400.860.620.881.351.141.290.97-0.45
2.021.570.930.844.992.690.890.740.530.380.610.920.630.550.59-0.10
0.730.380.660.720.140.220.400.520.931.701.801.182.102.127.31--
51.4%12.6%13.9%10.4%23.4%21.7%21.7%25.5%28.7%22.2%37.6%35.6%29.1%63.9%179.2%--
29.7%9.1%8.4%6.1%20.5%17.9%15.5%16.8%14.9%8.2%13.4%16.4%9.4%20.4%21.6%--31.2%
14.1512.5714.6214.1518.15------------

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
Item202530-09-202430-09-202330-09-202230-09-2021
Tangible fixed assets€60,490€2,668-€904,736€49,778
€5,822€33,820€34,716€132,445€29,884

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

Insights on DEVAPLUS R & C

The operating result for 2025 is 43% higher than in 2024 and the highest since 2007. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total rises from 27.6% to 42.2%. Equity and debt are lower.

Large changes and their cause
  • 2025 Equity -65%, Total assets -56% on 2024. Partial demerger to FDV WORKS, Official Gazette 13-02-2025.

Board & ownership

Board

3 directors, last change in June 2026
JACQMAN BV
Additional director, permanent representative Quint GEVAERT
since 03-03-2025
also on the board of 10 other companies
listed in the 2025 annual accounts, filed on 01-07-2026
MUTN BV
Additional director, permanent representative Marc THOMETSCHEK
appointed by deed of 24-07-2026
SYDWELL BV
Additional director, permanent representative Sydney GEVAERT
appointed by deed of 24-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 14: Externe vertegenwoordiging Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als…”
deed of 25-01-2024
Permanent representatives 3
Quint GEVAERT
Permanent representative, for JACQMAN BV
appointed by deed of 14-03-2025
Marc THOMETSCHEK
Permanent representative, for MUTN BV
appointed by deed of 24-07-2026
Sydney GEVAERT
Permanent representative, for SYDWELL BV
appointed by deed of 24-07-2026

Office holders in the KBO →

Mandates through the years

5 names, the dashed line is today
JACQMAN BV
Director
MUTN BV
Additional director
SYDWELL BV
Additional director
Filip DE VALCK
Director (not named in the articles)
Caroline Martha Marcella DE BRUYCKER
Successor director
BoardEarlierend not dated
Mandates as a list
  • JACQMAN BV
    • Director, from 03-03-2025 to date
  • MUTN BV
    • Additional director, appointed by deed of 24-07-2026, still in office
  • SYDWELL BV
    • Additional director, appointed by deed of 24-07-2026, still in office
  • Filip DE VALCK
    • Manager, appointed by deed of 22-11-2024, until 25-01-2024
    • Director (not named in the articles), appointed by deed of 25-01-2024, until 18-06-2026
  • Caroline Martha Marcella DE BRUYCKER
    • Successor director, appointed by deed of 25-01-2024, no longer listed in the 2025 annual accounts

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

Control

Parent
Gevaplast
Equity €11.2m
Profit €1.3m in 2025 (profit €6.0m in 2024)
Checked score 88
Source: accounts Gevaplast 2025
100%
This company
DEVAPLUS R & C
Equity €520,903
Profit €267,605 in 2025

Further up the chainPacific Invest 100%SUSTAINABLE DEVELOPMENT GROUP 100%

Capital

Contribution
€5,510.41
Source
2025 annual accounts

Articles of association

DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 22-11-2024 (in Dutch)
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
deed of 25-01-2024 (in Dutch)
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Wednesday of June at 10:00
deed of 06-10-2025 (in Dutch)

Capital transactions

Shareholders according to the deeds
Stated in the deed deed of 22-11-2024 ↗
Capital over time
  1. 25-01-2024 Converted to unavailable equity

Network & group

Group

Gevaplast has 9 holdings in 3 countries (2025 accounts), the bar shows equity in euros
ParentGevaplast9 holdings, 3 countries 2025 accounts

Belgium 7 Year Equity Result

  • BE DEVAPLUS R&C 2025€520,903 result €267,605 (2025)
  • BE DEVAPLUS R&D 2025€1.6m result €365,643 (2025)
  • BE BEOLOGIC 2025€987,006 result €15,819 (2025)
  • BE DUOLIM 2025€810,901 result €110,675 (2025)
  • BE IMMOLOGIC 2025€501,079 result €109,500 (2025)
  • BE D.C. Beheer 2025€46,804 result €10,239 (2025)
  • BE AVERY AGENCY44% 2025€21,743 result €6,562 (2025)

Europe 2 Year Equity Result

  • AT BEOLOGIC AUSTRIA 2022€738,982 result €129,272 (2022)
  • FR PLASTIQUIP - result -

Source: list of holdings in the 2025 accounts of Gevaplast. Holdings that file themselves stand with their latest accounts, the others with the amounts of that list, in their own currency.

Part of the group SUSTAINABLE DEVELOPMENT GROUP Group, risk and exposure

At the same address

Nijverheidslaan 12, 9880 Aalter · 2 other companies
DEVAPLUS R & D
registered office since 04-02-2003 · founded in 2001 · group SUSTAINABLE DEVELOPMENT GROUP
 total assets €1.8m (2025)
0475.575.360
BORALIT
registered office since 01-07-1982 · founded in 1982 · group SUSTAINABLE DEVELOPMENT GROUP
 5.9 FTE (2025)
0422.863.184

Acquisitions and mergers

1 transaction
Split off to:FDV WORKS
partial demerger · Gazette deed of 13-02-2025 (3 deeds)

Connections & network

9 connected companies
Depth
Caroline Martha Marcella DE BRUYCKER, Shared director CMCaroline MarthaMarcella DE…DEVAPLUS R & D, via Caroline Martha Marcella DE BRUYCKER DRDEVAPLUS R & DAVERY AGENCY, Shared corporate director AAAVERY AGENCYBEOLOGIC, Shared corporate director BBEOLOGICBORALIT, Shared corporate director BBORALITDUOLIM, Shared corporate director DDUOLIMINNOLOGIC, Shared corporate director IINNOLOGICPacific Invest, Shared corporate director PIPacific InvestSUSTAINABLE DEVELOPMENT GROUP, Shared corporate director SDSUSTAINABLEDEVELOPMENT…TECHNIKS, Shared corporate director TTECHNIKSDEVAPLUS R & C DEVAPLUS R &C0429.696.736
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
SUSTAINABLE DEVELOPMENT GROUP
via JACQMAN · Managing director · deed of 01-04-2022
Founded in 2022 · total assets €11.0m (2025)
→
BEOLOGIC
via JACQMAN · Director · deed of 06-04-2022
Founded in 1991 · 23 FTE (2025) · group SUSTAINABLE DEVELOPMENT GROUP
→
Pacific Invest
via JACQMAN · Director · deed of 05-04-2022
Founded in 2016 · total assets €2.2m (2025) · group SUSTAINABLE DEVELOPMENT GROUP
→
DEVAPLUS R & D
via Caroline Martha Marcella DE BRUYCKER · Successor director · deed of 25-01-2024
Founded in 2001 · total assets €1.8m (2025) · group SUSTAINABLE DEVELOPMENT GROUP
→
Show 5 more companies with a shared director
DUOLIM
via JACQMAN · Managing director · deed of 06-04-2022
Founded in 1992 · 2.8 FTE (2025) · group SUSTAINABLE DEVELOPMENT GROUP
→
BORALIT
via JACQMAN · Director · deed of 16-11-2022
Founded in 1982 · 5.9 FTE (2025) · group SUSTAINABLE DEVELOPMENT GROUP
→
AVERY AGENCY
via JACQMAN · Director · deed of 05-04-2022
Founded in 2020 · total assets €29,147 (2025)
→
INNOLOGIC
via JACQMAN · Director · deed of 06-04-2022
No longer active · 8.2 FTE (2023)
→
TECHNIKS
via JACQMAN · Managing director · deed of 06-04-2022
No longer active · total assets €299,382 (2023)
→

Timeline

Timeline

58 events since 1986
2026
3 directors appointed, 1 resignationResignation: Filip DE VALCK · Appointments: MUTN BV, SYDWELL BV and JACQMAN BV · Permanent representatives: Marc THOMETSCHEK, Sydney GEVAERT and Quint GEVAERT · General meeting of 18-06-20268 points ▸
  • General meeting, 18-06-2026
  • Director resignation, Filip DE VALCK
  • Director appointment, MUTN BV (additional director)
  • Permanent representative, Marc THOMETSCHEK
  • Director appointment, SYDWELL BV (additional director)
  • Permanent representative, Sydney GEVAERT
  • Director appointment, JACQMAN BV (additional director)
  • Permanent representative, Quint GEVAERT
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Annual accounts 2025 filed NBBabbreviated format · 30 days before the deadline
2025
Highest result from 2007 to 2025 net €267,605 ▲42.7% The operating result of €376,232 and the net result of €267,605 are both a record.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0429696736
Amendment of the articlesGeneral meeting of 30-09-20253 points ▸
  • General meeting, 30-09-2025
  • Amendment of the articles, article 24
  • Amendment of the articles, article 17
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2024 filed PDFabbreviated format · 35 days before the deadline
Registered office moved from Wetteren to AalterNew registered office: Nijverheidslaan 12, 9880 Aalter · Previous registered office: Bellevoorde 1, 9230 Wetteren · Appointment: JACQMAN BV (director) · General meeting of 03-03-20255 points ▸
  • General meeting, 03-03-2025
  • Director appointment, JACQMAN BV
  • Permanent representative, Quint Gevaert
  • Board meeting, 03-03-2025
  • Registered-office move, Nijverheidslaan 12, 9880 Aalter
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Demerger: DEVAPLUS R & C splits off to FDV WORKSGeneral meeting of 03-01-20251 point ▸
  • General meeting, 03-01-2025
  • The deed holds 18 more points.

Open the deed in the Belgian Official Gazette

2024
Demerger proposal: FDV WORKS BV splits off to DEVAPLUS R & CAppointment: De Valck Filip (manager) · De Valck Filip holds all the shares · Founding capital of €13,000, 750 shares7 points ▸
  • Incorporation, 28-10-1986
  • Director appointment, De Valck Filip (manager)
  • De Valck Filip holds all the shares
  • Founding capital, €13,000, 750 shares
  • Director appointment, De Valck Filip (director (not named in the articles))
  • Net-asset statement, 30-09-2024, mentioned twice in the deed
  • Net-asset statement, €1,046,447.06
  • The deed holds 29 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2023 filed PDFabbreviated format · 24 days late
Change of role: Filip DE VALCK, from director, formerly manager to directorAppointment: Caroline Martha Marcella DE BRUYCKER (successor director) · “Het kweken van vissen; Het aanleggen en uitbaten van visvijvers en aanverwante activiteiten” (deed in Dutch) · General meeting of 28-11-20238 points ▸
  • 750 shares
  • Registered office clause, Bellevoorde 1, 9230 Wetteren
  • Power of attorney, Boekhoudkantoor De Kezel-Vandenbroecke, mentioned twice in the deed
  • General meeting, 28-11-2023
  • Purpose change, “Het kweken van vissen; Het aanleggen en uitbaten van visvijvers en aanverwante activiteiten” (deed in Dutch)
  • Director resignation, Filip DE VALCK (director, formerly manager)
  • Director appointment, Filip DE VALCK (director (not named in the articles))
  • Director appointment, Caroline Martha Marcella DE BRUYCKER (successor director)
  • The deed holds 8 more points.

Open the deed in the Belgian Official Gazette

2023
Environmental permit granted OmgevingsloketEen grond gebruiken, aanleggen of inrichten, Nieuwbouw of aanleggen · Wetteren
Annual accounts 2022 filed PDFabbreviated format · 3 days before the deadline
2022
Annual accounts 2021 filed PDFabbreviated format · 17 days late
2021
Equity above €1m equity €1.0m ▲30.5% After 11 profitable years in a row, equity reaches €1.0m.
Annual accounts 2020 filed PDFabbreviated format · 9 days before the deadline
2020
Annual accounts 2019 filed PDFabbreviated format · 13 days late
2019
Equity above €500,000 equity €600,706 ▲27.7% After 9 profitable years in a row, equity reaches €600,706.
Annual accounts 2018 filed PDFabbreviated format · 19 days before the deadline
2018
Environmental permit granted OmgevingsloketBouwen of herbouwen, Slopen van niet vrijstaande gebouwen of constructies · Wetteren
Annual accounts 2017 filed PDFabbreviated format · 21 days before the deadline
2017
Annual accounts 2016 filed PDFabbreviated format · 19 days before the deadline
2016
Equity above €200,000 equity €250,088 ▲28.5% After 6 profitable years in a row, equity reaches €250,088.
Annual accounts 2015 filed PDFabbreviated format · 30 days before the deadline
2015
Equity above €150,000 equity €194,603 ▲60.2% After 5 profitable years in a row, equity reaches €194,603.
Annual accounts 2014 filed PDFabbreviated format · 22 days before the deadline
2014
Equity above €100,000 equity €121,461 ▲55.3% After 4 profitable years in a row, equity reaches €121,461.
Annual accounts 2013 filed PDFabbreviated format · 14 days late
2013
Annual accounts 2012 filed PDFabbreviated format · 5 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 3 days before the deadline
2011
Back to profit net €35,902 The net result is €35,902, after 4 loss-making years.
Annual accounts 2010 filed PDFabbreviated format · 30 days before the deadline
2010
Annual accounts 2009 filed PDFabbreviated format · 44 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 26 days late
2008
Weakest financial year net -€10,676 The net result drops to -€10,676, the lowest from 2007 to 2025. It recovers the following year.
Annual accounts 2007 filed PDFabbreviated format · 21 days late
2007
Annual accounts 2006 filed PDFabbreviated format · 32 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 PDFabbreviated format
1997
Annual accounts 1996 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
1986
First establishment DEVAPLUS R&C, Nijverheidslaan 12, Aalter
Incorporation published on 22-11-1986

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 28 October 1986, DEVAPLUS R & C was incorporated.1 In 2025 the registered office moved to Aalter.2 The company has filed 39 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 14-03-2025
  3. 3National Bank, annual accounts 2025

Company details

Identity

Enterprise number
0429.696.736
VAT number
BE 0429.696.736
Peppol ID
0208:0429696736
Legal form
Private limited company
Status
Active, normal situation
Founded
28-10-1986
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Wednesday of June at 10:00
deed of 06-10-2025 (in Dutch)
Peppol
Reachable since 17-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
DEVAPLUS R & C in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 22-11-2024 (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.
“Bellevoorde 1, 9230 Wetteren”
deed of 22-11-2024 (in Dutch)

Activities

NACEBEL 2025
41001 General construction of residential buildings main activity
43130 Specialised construction activities
43990 Other specialised construction activities
Codes under NACEBEL 2008
41201 General construction of buildings main activity
43130 Specialised construction activities
43999 Specialised construction activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“Aannemer van schrijnwerken, timmerman; Installateur van centrale verwarming; Aannemer van plafonneer-en cementwerken; Aannemer van metsel-…”
19 activities
  1. Aannemer van schrijnwerken, timmerman
  2. Installateur van centrale verwarming
  3. Aannemer van plafonneer-en cementwerken
  4. Aannemer van metsel- en betonwerken
  5. Aannemer, tegelzetter
  6. Electrotechnisch installateur
  7. Aannemer van glaswerken
  8. Sanitaire installateur -loodgieter
  9. Installateur van verwarming met gas met individuele toestellen
  10. Aannemer van zinkwerken van metalen dakbedekkingen van gebouwen
  11. Aannemer van zinkwerken van niet-metalen dakbedekkingen van gebouwen
  12. Aannemer van waterdicht maken van bouwwerken
  13. Aannemer van sloopwerken
  14. Aannemer van grondwerken
  15. Installatie van pompen, putten, rioleringen en septische putten
  16. Het kweken van vissen
  17. Het aanleggen en uitbaten van visvijvers en aanverwante activiteiten
  18. De uitoefening van het beroep van een aannemer, meer bepaald in de volgende categorieën:
  19. De uitbating van een consultancy- en dienstonderneming voor het verienen van advies, bijstand en begeleiding in bedrijfsbeheer en technische studies in het algemeen en in het bijzonder inzake management, consultancy, veiligheid, milieu, opleiding, kwaliteitszorg, informatica en productieondersteuning;
deed of 22-11-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
DEVAPLUS R&C registered office Nijverheidslaan 12, 9880 Aalter 18-11-1986 2.034.574.505
1 former office
  • 9230 Wetteren until 03-03-2025 · deed of 14-03-2025

Buildings and parcels at the address

Ground area
7,221 m²
Buildings
4,508 m²
Volume, LiDAR
32,056 m³
Tallest building
11.3 m
Buildings to scale, each on its own parcel
4,508 m², 11.3 m 4,508 m², 11.3 m

Environmental permits

2 applications in Flanders since 2018 · 2 granted
23-10-2023 Granted Een grond gebruiken, aanleggen of inrichten; Nieuwbouw of aanleggen submitted 23-06-2023 · project 2023087334 Wetteren
23-05-2018 Granted Bouwen of herbouwen; Slopen van niet vrijstaande gebouwen of constructies submitted 21-03-2018 · project 2018034160 Wetteren

Source: Omgevingsloket Vlaanderen.

Location

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

Parcels

Cadastral parcelArea Buildings Height / floors
44001B0095/00P0007,221 m² 1 · 4,508 m² 11.3 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 0429.696.736

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