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DEVOTEAM

Active
Public limited companyfounded 1999active for 27 yearsCulliganlaan 3, 1831 Machelen (Brab.), BelgiumKBO/BCE: BE 0466.475.275
Summary

DEVOTEAM has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.6m and a net result of -€1.5m. Equity has been shrinking by about 9.9% per year since 2018. Its solvency ranks better than 43% of 1,686 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 19-07-1999 Normal situation
Activity
Computer consultancy and computer facilities management NACE 62200
Joint committee
200 Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.091.818.955 1831 Machelen (Brab.), since 04-08-1999
Financial year end
31 December
Peppol
Reachable since 16-01-2026

Board and ownership

Board
Auditor
KPMG Bedrijfsrevisoren BV/SRL
Shareholders
  • Devoteam SASannual accounts 2025

Financial position

81 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Turnover
€51.0m
▼ 8.1%
Loss
€1.5m
▲ 329%
Equity
€5.6m
▼ 21.1%
Total assets
€18.0m
▼ 31.3%
Employees on 31-12-2025
323
▼ 7.4%
Score breakdownraises riskLoss of €1.5m, the second in a row (financial year 2025)Liquidity: current ratio 1.61, cash €878,973, halvedlowers riskSector: Computer programming, consultancy and related activities (NACE 62)Legal form: public limited companyShow the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 26% of large companies in computer programming and consultancy (NACE 62)
Financial strength · tick: 2024
Weak
Solvency 56+4
equity 31.4% of total assets
Liquidity 28-11
short-term debt 54.6% · cash 4.9%
Profitability 9-43
return on assets -8.4%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (39 companies, NACE 62, large)
Last 24 months 12-2024: 0.1% 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 05-2025lowest value 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: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged 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: 0.4%▲ +0.3 percentage points vs 06-2026highest value 08-2026: 0.4%● unchanged vs 07-2026highest value 09-2026: 0.4%● unchanged vs 08-2026highest value 10-2026: 0.4%● unchanged vs 09-2026highest value 11-2026: 0.4%● unchanged vs 10-2026highest value
Credit of up to €450,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.61 (1.65 in 2024), above the usual 1.5. Short-term debt is 54.6% and cash 4.9% of total assets. However, 68.6% of the assets are financed with debt and provisions.
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 62, large). It does better than 41% of them on solvency, 41% on liquidity, 8% on profitability and 16% on growth.

The bankruptcy probability was computed on 04-11-2026 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).

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

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €1.5m, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · Liquidity: current ratio 1.61, cash €878,973, halved
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€1.5m
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 days early
2024
42 days early
2023
37 days early
2022
48 days early
2021
39 days early
2020
32 days early
2019
56 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 43 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, full format

Annual accounts 2025 filed on 16-06-2026 at the NBB all 27 filings

Turnover
€51.0m▼ 8.1%
2024 · €55.5m
EBIT margin
-3.0%▼ 2.9pp
2024 · -0.1%
Net result
-€1.5m▼ 329%
2024 · -€352,240
Working capital
€6.0m▼ 36.7%
2024 · €9.5m
Multi-year overview
2018 to 2025, 8 financial years
Turnover
€51.0m
▼ 8.1% 2025
20182025
Operating result
-€1.5m
▼ 1,765% 2025
20182025
Net result
-€1.5m
▼ 329% 2025
lowest quarter of the sector
20182025
EBIT margin
-3.0%
▼ 2.9pp 2025
20182025
Equity
€5.6m
▼ 21.1% 2025
highest quarter of the sector
20182025
Total assets
€18.0m
▼ 31.3% 2025
highest quarter of the sector
20182025
Debt
€12.3m
▼ 34.1% 2025
20182025
Working capital
€6.0m
▼ 36.7% 2025
highest quarter of the sector
20182025
Solvency
31.4%
▲ 4.0pp 2025
middle half of the sector
20182025
Current ratio
1.61
▼ 0.04 2025
middle half of the sector
20182025
Return on assets (ROA)
-8.4%
▼ 7.1pp 2025
lowest quarter of the sector
20182025
Staff (FTE)
332
▼ 5.0% 2025
highest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€37.7m-€45.7m▲ 21.0%€50.0m▲ 9.5%€56.1m▲ 12.1%€65.1m▲ 16.2%€65.6m▲ 0.7%€55.5m▼ 15.4%€51.0m▼ 8.1%
Operating result€2.9m-€2.9m▼ 2.7%€4.5m▲ 57.6%€4.1m▼ 10.2%€4.4m▲ 9.3%€2.2m▼ 50.2%-€0.08m-€1.5m▼ 1,765%
Net result€1.7m-€1.4m▼ 15.2%€3.0mabove the sector's middle half▲ 111%€2.3mabove the sector's middle half▼ 23.5%€3.0mabove the sector's middle half▲ 33.6%€1.1mabove the sector's middle half▼ 63.0%-€0.4mbelow the sector's middle half-€1.5mbelow the sector's middle half▼ 329%
EBIT margin7.8%-6.3%▼ 1.5pp9.0%▲ 2.8pp7.2%▼ 1.8pp6.8%▼ 0.4pp3.4%▼ 3.4pp-0.1%▼ 3.5pp-3.0%▼ 2.9pp
Equity€11.7m-€13.1m▲ 12.1%€16.1mabove the sector's middle half▲ 22.7%€13.1mabove the sector's middle half▼ 18.5%€7.5mabove the sector's middle half▼ 42.9%€7.5mabove the sector's middle half▲ 0.3%€7.2mabove the sector's middle half▼ 4.7%€5.6mabove the sector's middle half▼ 21.1%
Total assets€22.9m-€21.9m▼ 4.4%€29.4mabove the sector's middle half▲ 34.6%€34.6mabove the sector's middle half▲ 17.7%€36.6mabove the sector's middle half▲ 5.8%€29.3mabove the sector's middle half▼ 20.1%€26.2mabove the sector's middle half▼ 10.7%€18.0mabove the sector's middle half▼ 31.3%
Debt€11.1m-€8.7m▼ 21.9%€13.4m▲ 54.2%€20.6m▲ 54.1%€28.8m▲ 39.6%€21.1m▼ 26.5%€18.7m▼ 11.6%€12.3m▼ 34.1%
Working capital€10.4m-€13.1m▲ 24.9%€16.9mabove the sector's middle half▲ 29.8%€15.9mabove the sector's middle half▼ 6.2%€9.7mabove the sector's middle half▼ 39.2%€9.4mabove the sector's middle half▼ 2.8%€9.5mabove the sector's middle half▲ 1.0%€6.0mabove the sector's middle half▼ 36.7%
Solvency51.1%-59.9%▲ 8.8pp54.6%within the sector's middle half▼ 5.3pp37.8%within the sector's middle half▼ 16.8pp20.4%within the sector's middle half▼ 17.4pp25.6%within the sector's middle half▲ 5.2pp27.3%within the sector's middle half▲ 1.7pp31.4%within the sector's middle half▲ 4.0pp
Current ratio2.00-2.60▲ 0.602.43within the sector's middle half▼ 0.161.88within the sector's middle half▼ 0.551.37within the sector's middle half▼ 0.511.53within the sector's middle half▲ 0.161.65within the sector's middle half▲ 0.121.61within the sector's middle half▼ 0.04
Return on assets (ROA)7.3%-6.4%▼ 0.8pp10.1%within the sector's middle half▲ 3.6pp6.6%within the sector's middle half▼ 3.5pp8.3%within the sector's middle half▲ 1.7pp3.8%within the sector's middle half▼ 4.4pp-1.3%below the sector's middle half▼ 5.2pp-8.4%below the sector's middle half▼ 7.1pp
Staff (FTE)308.6-305.2▼ 1.1%313above the sector's middle half▲ 2.6%330.3above the sector's middle half▲ 5.5%362.9above the sector's middle half▲ 9.9%379.6above the sector's middle half▲ 4.6%349.4above the sector's middle half▼ 8.0%332above the sector's middle half▼ 5.0%
above within below The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is a loss of €1.5m, larger than the loss of €82,236 in 2024. It is the lowest result since 2018.

Large changes and their cause
  • 2023 Net result -63% on 2022. Merger absorbing DEVOTEAM MANAGEMENT CONSULTING, Official Gazette 03-01-2023.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €18.0m
Fixed assets €2.1m ▼ 0.1%
Current assets €15.8m ▼ 34.1%
Equity and liabilities €18.0m
Equity €5.6m ▼ 21.1%
Provisions €25,000 ▼ 92.1%
Debt €12.3m ▼ 34.1%
Debt's share of the balance-sheet total falls from 71.4% to 68.5%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€1.1m▼
2024 · €382,148
Cash flow
-€1.1m▼
2024 · €112,144
Quick ratio
1.56▼
2024 · 1.62
Debt to equity
2.18▼
2024 · 2.61
ROE
-26.8%▼
2024 · -4.9%
Interest coverage
-514.39▼
2024 · 43.95
Debt ≤ 1 year
€9.8m▼
2024 · €14.5m
Income taxes
€17,495▼
2024 · €352,640
Customer credit
63 days▼
2024 · 76 days
Supplier credit
82 days▼
2024 · 103 days
Staff costs
€33.9m▼
2024 · €34.4m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Revenue breakdown

as filed

By activity 2025

  • Services Consultancy €49,057,20396.2%
  • Omzet HW/Software €1,868,4943.7%
  • Services Maintenance/support €62,9420.1%

Total €50,988,639

Source: 2025 accounts, page 23, filing 2026-00169566

All years (2021 to 2025)
By activity20212022202320242025
Services Consultancy€49,609,833€57,799,013€63,785,460€53,635,406€49,057,203
Omzet HW/Software€6,022,029€6,802,038€1,735,508€1,804,178€1,868,494
Services Maintenance/support€533,170€545,016€108,970€51,914€62,942
Total€56,165,032€65,146,067€65,629,938€55,491,498€50,988,639

Staff

social balance sheet
Item31-12-202231-12-202331-12-202431-12-2025
Employees at the balance-sheet date396373349323
full-time371344319297
part-time25293026
in full-time equivalents390.8366.4342316.6
Average over the year, in full-time equivalents362.9379.6349.4332
On a permanent contract396373349323
Joined130665752
Left82898178
Agency workers, average number0.10-0.2
Training hours7,7287,4325,4826,677

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

Overdue debts

tax and social security
Item20212022202320242025
Overdue tax debts---€0€0

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

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€261,172€487,243€1.6m€256,560€267,068
Intangible fixed assets€400,000-€367,587€121,293€30,201
Depreciation and write-downs of the year€644,680€280,653€732,356€464,384€460,477

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

Auditor

fees
Item20212022202320242025
Fee for the audit€34,999€51,919€49,000€51,662€53,211
Other work by the auditor-€5,572---
Work by persons linked to the auditor---€12,150-

Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)

Subsidies and aid

Flemish government

2022 to 2025 · 10 entries · €83,711 awarded · €83,711 paid
Year Entries AwardedPaid
2025 2 €28,544€28,544
2024 3 €26,006€26,006
2023 2 €14,193€14,193
2022 3 €14,968€14,968
Schemes
2 entries · €40,294 · €40,294 paid · Departement Werk en Sociale Economie
4 entries · €25,560 · €25,560 paid · Departement Werk en Sociale Economie
3 entries · €14,857 · €14,857 paid · Departement Werk en Sociale Economie
1 entry · €3,000 · €3,000 paid · Departement Werk en Sociale Economie

Public contracts

14 awards · 2023 to 2026
Marché public relatif à des contrats de service pour des missions IT: S2.22.03-24-2755 - L25
buyer: Service public de wallonieIT servicesawarded 28-07-2026€8973 tendersTED 641761-2026
RENOUVELLEMENT DE LICENCES FORGEROCK, DE LEUR SUPPORT ET ACQUISITION DE SERVICES PROFESSIONNELS LIES: T2024.020 - 1
buyer: MLOZ IT asblSoftware and information systemsawarded 23-12-2024€2.3m2 tendersTED 7526-2025
Support Cyberark: 2024/AINF/AP/014 - 1
buyer: SmalsIT servicesawarded 28-11-2024€49,5601 tenderTED 98602-2025
Afname van diensten en support contracten binnen een open source context: Open source specialisten
buyer: VITOSoftware and information systemsawarded 10-10-20248 tendersTED 625272-2024
De onderhavige opdracht heeft betrekking op diensten voor softwareonderhoud, softwarelicenties, ondersteuning en uitbreidingen van het FAS-platform.: La fourniture (sur demande) de profils ayant une expertise technique spécialisée
buyer: FEDERALE OVERHEIDSDIENST BELEID EN ONDERSTEUNINGIT servicesawarded 25-07-2024€4.9m3 tendersTED 251081-2025
Show 9 more contracts
De onderhavige opdracht heeft betrekking op diensten voor softwareonderhoud, softwarelicenties, ondersteuning en uitbreidingen van het FAS-platform.: L'acquisition, la maintenance et le support de logiciels, de licences, et de ses composants
buyer: FEDERALE OVERHEIDSDIENST BELEID EN ONDERSTEUNINGIT servicesawarded 16-05-2024€2.4m3 tendersTED 251081-2025
DMP2300632 - Marché de fournitures : souscription de licences Forgerock OpenDJ incluant le Support Bronze
buyer: Office Wallon de la formation professionnelle et de l'emploiSoftware and information systemsawarded 11-10-2023€527,0761 tenderTED 688343-2023
Raamovereenkomst voor inhuren ICT profielen en projecten.: Netwerk, VMware, Virtualisatie & Cloud
Raamovereenkomst voor inhuren ICT profielen en projecten.: Analytics, artificial intelligence & innovatieve technologieën
Raamovereenkomst voor inhuren ICT profielen en projecten.: Architectuur en analyse
Raamovereenkomst voor inhuren ICT profielen en projecten.: Consulting & management
Raamovereenkomst voor inhuren ICT profielen en projecten.: Ontwikkeling
Raamovereenkomst voor inhuren ICT profielen en projecten.: Security
Emarket_570_Senior Java Developer: 000073065 - 1
buyer: Infrabel nvIT servicesawarded 17-07-2023€648,00027 tendersTED 102016-2024

Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 76 lines
Balance sheet Code20242025
Assets
Total assets20/58€26.2m€18.0m▼
Fixed assets21/28€2.1m€2.1m▼
Intangible fixed assets21€0.1m€0.1m▲
Tangible fixed assets22/27€1.6m€1.5m▼
Plant, machinery and equipment23€0.4m€0.4m▼
Furniture and vehicles24€0.03m€0.02m▼
Other tangible fixed assets26€1.2m€1.0m▼
Financial fixed assets28€0.4m€0.6m▲
Other financial fixed assets284/8€0.4m€0.6m▲
Amounts receivable and cash guarantees285/8€0.4m€0.6m▲
Current assets29/58€24.0m€15.8m▼
Stocks and contracts in progress3€0.5m€0.5m▼
Contracts in progress37€0.5m€0.5m▼
Amounts receivable within one year40/41€16.6m€12.7m▼
Trade receivables40€11.5m€8.8m▼
Other amounts receivable41€5.1m€3.9m▼
Cash at bank and in hand54/58€3.7m€0.9m▼
Deferred charges and accrued income490/1€3.2m€1.7m▼
Equity and liabilities
Total equity and liabilities10/49€26.2m€18.0m▼
Equity10/15€7.2m€5.6m▼
Contributions10/11€6.2m€6.2m=
Capital10€6.2m€6.2m=
Issued capital100€6.2m€6.2m=
Reserves13€0.9m€0.9m=
Non-distributable reserves130/1€0.6m€0.6m=
Legal reserve130€0.6m€0.6m=
Other1319€0.01m€0.01m=
Distributable reserves133€0.3m€0.3m=
Profit (loss) carried forward14€0.04m-€1.5m▼
Provisions and deferred taxes16€0.3m€0.03m▼
Provisions for liabilities and charges160/5€0.3m€0.03m▼
Pensions and similar obligations160€0.3m€0.03m▼
Amounts payable17/49€18.7m€12.3m▼
Amounts payable within one year42/48€14.5m€9.8m▼
Trade debts44€6.5m€4.7m▼
Suppliers440/4€6.5m€4.7m▼
Taxes, remuneration and social security45€8.0m€5.1m▼
Taxes450/3€2.1m€0.9m▼
Remuneration and social security454/9€5.9m€4.2m▼
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€4.2m€2.5m▼
Income statement Code20242025
Operating income70/76A€57.6m€53.4m▼
Turnover70€55.5m€51.0m▼
Change in stocks of work in progress, finished goods and contracts in progress71-€0.03m-€0.005m▲
Own construction capitalised72-€0.03m
Other operating income74€2.2m€2.4m▲
Operating charges60/66A€57.7m€54.9m▼
Goods for resale, raw materials and consumables60€12.2m€9.0m▼
Purchases600/8€12.2m€9.0m▼
Services and other goods61€11.0m€11.9m▲
Remuneration, social security and pensions62€34.4m€33.9m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.5m€0.5m▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Provisions for liabilities and charges: additions (uses and reversals)635/8-€0.3m-€0.3m▼
Other operating charges640/8€0.01m€0.01m▼
Operating profit (loss)9901-€0.08m-€1.5m▼
Financial income75/76B€0.2m€0.1m▼
Recurring financial income75€0.2m€0.1m▼
Income from financial fixed assets750-€0.007m
Income from current assets751€0.2m€0.1m▼
Other financial income752/9€0.006m€0.003m▼
Financial charges65/66B€0.09m€0.09m▼
Recurring financial charges65€0.09m€0.09m▼
Debt charges650€0.009m€0.002m▼
Other financial charges652/9€0.08m€0.08m▲
Profit (loss) for the period before taxes9903€400-€1.5m▼
Income taxes67/77€0.4m€0.02m▼
Taxes670/3€0.4m€0.07m▼
Tax adjustments and reversals of tax provisions77€0.04m€0.05m▲
Profit (loss) for the period9904-€0.4m-€1.5m▼
Profit (loss) for the period to be appropriated9905-€0.4m-€1.5m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.04m-€1.5m▼
Profit (loss) brought forward from the previous period14P€0.4m€0.04m▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance sheet
Average headcount (FTE)9087349.4332.0▼

The notes to these accounts have 56 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 16-06-2026.

Line20182019202020212022202320242025Change
Operating income70/76A€39.3m€48.4m€51.8m€58.3m€67.0m€68.1m€57.6m€53.4m▼ 7.4%
Turnover70€37.7m€45.7m€50.0m€56.1m€65.1m€65.6m€55.5m€51.0m▼ 8.1%
Change in stocks of work in progress, finished goods and contracts in progress71-€0.2m€0.4m-€0.4m€0.1m€0.03m€0.3m-€0.03m-€0.005m▲ 83.4%
Own construction capitalised72-------€0.03m-
Other operating income74€1.8m€2.3m€2.2m€2.1m€1.8m€2.1m€2.2m€2.4m▲ 7.9%
Non-recurring operating income76A--€0.005m------
Operating charges60/66A€36.4m€45.5m€47.3m€54.2m€62.6m€65.9m€57.7m€54.9m▼ 4.9%
Goods for resale, raw materials and consumables60€6.4m€13.7m€15.5m€18.4m€23.1m€19.2m€12.2m€9.0m▼ 26.4%
Purchases600/8----€23.1m€19.2m€12.2m€9.0m▼ 26.4%
Services and other goods61€6.7m€7.4m€7.1m€7.3m€9.7m€10.5m€11.0m€11.9m▲ 8.1%
Remuneration, social security and pensions62€22.9m€23.4m€24.5m€27.0m€29.9m€35.3m€34.4m€33.9m▼ 1.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.2m€1.0m€0.3m€0.6m€0.3m€0.7m€0.5m€0.5m▼ 0.8%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€0.002m--€0.009m€0.005m-€0.01m€0--
Provisions for liabilities and charges: additions (uses and reversals)635/8€0.1m--€0.1m€0.9m-€0.5m€0.3m-€0.3m-€0.3m▼ 1.1%
Other operating charges640/8€0.003m€0.007m€0.01m€0.009m€0.1m€0.007m€0.01m€0.01m▼ 15.5%
Operating profit (loss)9901€2.9m€2.9m€4.5m€4.1m€4.4m€2.2m-€0.08m-€1.5m▼ 1,765%
Financial income75/76B----€0.06m€0.2m€0.2m€0.1m▼ 27.6%
Recurring financial income75€0.02m€0.02m€0.01m€250€0.06m€0.2m€0.2m€0.1m▼ 27.6%
Income from financial fixed assets750€1------€0.007m-
Income from current assets751€0.02m€0.01m€0.008m€98€0.06m€0.2m€0.2m€0.1m▼ 31.4%
Other financial income752/9€86€0.003m€0.006m€152€0.002m€0.007m€0.006m€0.003m▼ 43.1%
Financial charges65/66B€0.03m€0.04m€0.03m€0.02m€0.04m€0.07m€0.09m€0.09m▼ 4.2%
Recurring financial charges65€0.03m€0.04m€0.03m€0.02m€0.04m€0.07m€0.09m€0.09m▼ 4.2%
Debt charges650€134€0.002m€0.004m€374€0.02m€90€0.009m€0.002m▼ 76.0%
Other financial charges652/9€0.03m€0.04m€0.03m€0.02m€0.02m€0.07m€0.08m€0.08m▲ 3.5%
Profit (loss) for the period before taxes9903€2.9m€2.8m€4.5m€4.0m€4.5m€2.4m€400-€1.5m-
Income taxes67/77€1.3m€1.4m€1.5m€1.8m€1.4m€1.3m€0.4m€0.02m▼ 95.0%
Taxes670/3€1.3m€1.4m€1.5m€1.8m€1.5m€1.3m€0.4m€0.07m▼ 81.9%
Tax adjustments and reversals of tax provisions77-€0.02m€0.001m€0.02m€0.04m€0.01m€0.04m€0.05m▲ 21.5%
Profit (loss) for the period9904€1.7m€1.4m€3.0m€2.3m€3.0m€1.1m-€0.4m-€1.5m▼ 329%
Profit (loss) for the period to be appropriated9905€1.7m€1.4m€3.0m€2.3m€3.0m€1.1m-€0.4m-€1.5m▼ 329%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€22.9m€21.9m€29.4m€34.6m€36.6m€29.3m€26.2m€18.0m▼ 31.3%
Fixed assets21/28€2.0m€0.6m€0.7m€0.7m€0.9m€2.3m€2.1m€2.1m▼ 0.1%
Intangible fixed assets21€102----€0.01m€0.1m€0.1m▲ 0.1%
Tangible fixed assets22/27€0.5m€0.5m€0.5m€0.5m€0.6m€1.8m€1.6m€1.5m▼ 10.1%
Plant, machinery and equipment23€0.4m€0.3m€0.3m€0.3m€0.5m€0.4m€0.4m€0.4m▼ 3.8%
Furniture and vehicles24€0.04m€0.02m€0.06m€0.05m€0.05m€0.05m€0.03m€0.02m▼ 47.6%
Leasing and similar rights25-€0.01m-------
Other tangible fixed assets26€0.1m€0.1m€0.1m€0.1m€0.03m€1.3m€1.2m€1.0m▼ 11.3%
Financial fixed assets28€1.5m€0.1m€0.2m€0.2m€0.4m€0.4m€0.4m€0.6m▲ 39.5%
Affiliated companies280/1€1.4m--------
Participating interests280€1.4m--------
Other financial fixed assets284/8€0.1m€0.1m€0.2m€0.2m€0.4m€0.4m€0.4m€0.6m▲ 39.5%
Amounts receivable and cash guarantees285/8€0.1m€0.1m€0.2m€0.2m€0.4m€0.4m€0.4m€0.6m▲ 39.5%
Current assets29/58€20.9m€21.2m€28.7m€33.9m€35.7m€27.0m€24.0m€15.8m▼ 34.1%
Stocks and contracts in progress3€0.08m€0.5m€0.07m€0.2m€0.2m€0.5m€0.5m€0.5m▼ 1.0%
Contracts in progress37€0.08m€0.5m€0.07m€0.2m€0.2m€0.5m€0.5m€0.5m▼ 1.0%
Amounts receivable within one year40/41€17.2m€18.5m€22.8m€28.4m€26.2m€19.5m€16.6m€12.7m▼ 23.5%
Trade receivables40€9.4m€10.3m€11.6m€13.7m€14.9m€16.1m€11.5m€8.8m▼ 23.5%
Other amounts receivable41€7.8m€8.2m€11.2m€14.6m€11.3m€3.4m€5.1m€3.9m▼ 23.3%
Cash at bank and in hand54/58€2.4m€1.3m€4.2m€3.2m€6.9m€3.8m€3.7m€0.9m▼ 76.0%
Deferred charges and accrued income490/1€1.2m€0.9m€1.7m€2.1m€2.5m€3.2m€3.2m€1.7m▼ 46.5%
Equity and liabilities
Total equity and liabilities10/49€22.9m€21.9m€29.4m€34.6m€36.6m€29.3m€26.2m€18.0m▼ 31.3%
Equity10/15€11.7m€13.1m€16.1m€13.1m€7.5m€7.5m€7.2m€5.6m▼ 21.1%
Contributions10/11€6.1m€6.1m€6.1m€6.1m€6.2m€6.2m€6.2m€6.2m=
Capital10€6.1m€6.1m€6.1m€6.1m€6.2m€6.2m€6.2m€6.2m=
Issued capital100€6.1m€6.1m€6.1m€6.1m€6.2m€6.2m€6.2m€6.2m=
Reserves13€0.7m€0.7m€0.7m€0.7m€0.9m€0.9m€0.9m€0.9m=
Non-distributable reserves130/1--€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m=
Legal reserve130€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m=
Reserves not available under the articles1311€0.01m€0.01m-------
Other1319--€0.01m€0.01m€0.01m€0.01m€0.01m€0.01m=
Distributable reserves133€0.08m€0.08m€0.08m€0.08m€0.3m€0.3m€0.3m€0.3m=
Profit (loss) carried forward14€4.9m€6.3m€9.3m€6.3m€0.4m€0.4m€0.04m-€1.5m-
Provisions and deferred taxes16€0.1m€0.1m-€0.9m€0.4m€0.6m€0.3m€0.03m▼ 92.1%
Provisions for liabilities and charges160/5€0.1m€0.1m-€0.9m€0.4m€0.6m€0.3m€0.03m▼ 92.1%
Pensions and similar obligations160---€0.9m€0.4m€0.6m€0.3m€0.03m▼ 92.1%
Other liabilities and charges164/5€0.1m€0.1m-------
Amounts payable17/49€11.1m€8.7m€13.4m€20.6m€28.8m€21.1m€18.7m€12.3m▼ 34.1%
Amounts payable within one year42/48€10.4m€8.2m€11.8m€18.0m€26.0m€17.6m€14.5m€9.8m▼ 32.4%
Current portion of amounts payable after more than one year42-€0.01m-------
Trade debts44€3.0m€3.4m€5.0m€4.6m€7.2m€7.2m€6.5m€4.7m▼ 28.2%
Suppliers440/4€3.0m€3.4m€5.0m€4.6m€7.2m€7.2m€6.5m€4.7m▼ 28.2%
Advances received on contracts in progress46€1.2m€0.3m€0.9m€1.2m€1.5m€1.0m---
Taxes, remuneration and social security45€4.7m€4.5m€5.8m€7.0m€8.3m€8.2m€8.0m€5.1m▼ 35.8%
Taxes450/3€0.7m€0.7m€1.5m€1.9m€2.9m€2.2m€2.1m€0.9m▼ 57.2%
Remuneration and social security454/9€3.9m€3.8m€4.3m€5.1m€5.4m€6.0m€5.9m€4.2m▼ 28.1%
Other amounts payable47/48€1.7m--€5.2m€9.0m€1.1m€0--
Accrued charges and deferred income492/3€0.7m€0.5m€1.6m€2.6m€2.7m€3.5m€4.2m€2.5m▼ 40.3%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€1.7m€1.4m€3.0m€2.3m€3.0m€1.1m-€0.4m-€1.5m▼ 329%
+ Depreciation and write-downs630€0.2m€1.0m€0.3m€0.6m€0.3m€0.7m€0.5m€0.5m▼ 0.8%
Operating cash flow (approximation)€1.9m€2.4m€3.2m€2.9m€3.3m€1.9m€0.1m-€1.1m-
Investment in fixed assets (approximation)-€0.4m-€0.3m-€0.7m-€0.5m-€2.1m-€0.4m-€0.5m▼ 28.1%
Change in cash--€1.1m€2.9m-€1.0m€3.7m-€3.1m-€0.1m-€2.8m▼ 1,824%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 151 companies had the same profile as DEVOTEAM has now. Two years later, 94.0% were still going and 1.3% had gone bankrupt.

  • Large
  • 20 years or older
  • solvency 30% or more
  • a small loss
94.0% was still going
4.0% stopped otherwise
1.3% went bankrupt

Another 0.7% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of DEVOTEAM itself: 0.4% 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 151 companies, not a prediction for DEVOTEAM. 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.

Latest 10 of 27 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 16-06-2026 2026-00169566 PDF
31-12-2024 full format 19-06-2025 2025-00173011 PDF
31-12-2023 full format 24-06-2024 2024-00159702 PDF
31-12-2022 full format 13-06-2023 2023-00125894 PDF
31-12-2021 full format 22-06-2022 2022-20096330 PDF
31-12-2020 full format 29-06-2021 2021-29100273 PDF
31-12-2019 full format 05-06-2020 2020-15100223 PDF
31-12-2018 full format 04-06-2019 2019-15900501 PDF
31-12-2017 full format 22-05-2018 2018-13600005 PDF
31-12-2016 full format 22-05-2017 2017-12900394 PDF

Show all 27 filings

Board & ownership

Directors

Directors
3 directors, 2 in day-to-day management, last change in 2024

Board 3

Buca
Director · appointed by deed of 02-05-2024 · Limited partnership · permanent representative: Jeremy Bonnevalle
Current
Martijn van Veen
Director · appointed by deed of 02-05-2024
Current
Sebastien Chevrel
Director · in office according to the deed of 21-08-2024
Current

Day-to-day management 2

Buca
Managing director · appointed by deed of 02-05-2024 · Limited partnership · permanent representative: Jeremy Bonnevalle
Current
Martijn van Veen
Managing director · appointed by deed of 02-05-2024
Current
Permanent representatives 1
Jeremy Bonnevalle
Permanent representative · appointed by deed of 02-05-2024 · for Buca
Current

Statutory auditor 1

KPMG Bedrijfsrevisoren BV/SRL
Statutory auditor · appointed by deed of 28-07-2023 · permanent representative: Steven Vanbinnebeeck
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Overeenkomstig de statuten wordt de Vennootschap in en buite rechte vertegenwoordigd hetzij door twee bestuurders, hetzij door de…”
deed of 18-05-2022

Owners and capital

Shareholders

1 owner

Owners 1

Owners through the years 2022 to 2025
Owners through the years
Name2022202320242025
DEVOTEAM SASFR 100%
DEVOTEAM SAFR 100%

Source: shareholder structure in its own accounts

Capital transactions

Capital over time
  1. 03-01-2023 Capital increase of €100,000 · to €6,165,075.29 · ingevolge fusie
  2. 25-01-2022 Capital stated in the deed · €6,065,075.29 · 82,086 shares

Mandate history

8 people, 4 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • mandate already running before its first mention
Mandates per person, with start and end dates
Name Functions and periods
Buca
  • Director, appointed by deed of 02-05-2024, still in office
  • Managing director, appointed by deed of 02-05-2024, still in office
Martijn van Veen
  • Director, appointed by deed of 02-05-2024, still in office
  • Managing director, appointed by deed of 02-05-2024, still in office
Sebastien Chevrel
  • Director, since before 14-06-2024
KPMG Bedrijfsrevisoren BV/SRL
  • Statutory auditor, appointed by deed of 28-07-2023, still in office
BELMO Consulting
  • Director, appointed by deed of 17-02-2022, until 08-07-2024
  • Managing director, appointed by deed of 17-02-2022, until 08-07-2024
  • Managing director, until 08-07-2024
  • Managing director, until 08-07-2024
Emmanuel Lehmann
  • Director, appointed by deed of 28-07-2023, until 14-06-2024
SipID
  • Director, appointed by deed of 21-06-2022, until 14-06-2024
ENLIGHT CONSULTING & SERVICES
  • Director, until 01-02-2022
  • Managing director, until 01-02-2022
See the board, name and registered office on a given date →

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
“Conseil d'administration, 6 ans”
“Vacance administrateur, première assemblée générale qui suit doit confirmer”

Articles of association, deed of 25-01-2022 (in French)

Network & group

Holdings and subsidiaries

Holdings 0

The accounts to 31-12-2025 list no holdings.

Former holdings (1)

This company merged into DEVOTEAM on 03-01-2023.

Acquisitions and mergers

1 transaction
BE 0685.709.727merger by absorption · Gazette deed of 03-01-2023 (5 deeds)

Parent company per the LEI register

Parent company: none declared
DEVOTEAM declares that it is controlled by companies that do not have to prepare consolidated accounts.

Own declaration in the LEI register: 213800HL83W85OZ7E734

Companies at the same address

5 other companies

Connections & network

3 current directors
Depth

The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Deeds, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
23-07
Gazette deed 1 statutory auditor appointed, 3 directors reappointed
Reappointments: Sebastien Chevrel, Martijn van Veen and Buca GCV · Permanent representatives: Jeremy Bonnevalle and Steven Vanbinnebeeck · Appointment: KPMG Bedrijfsrevisoren BV/SRL (statutory auditor)7 points ▸
  • General meeting, 12-06-2026
  • Director reappointment, Sebastien Chevrel
  • Director reappointment, Martijn van Veen
  • Director reappointment, Buca GCV
  • Permanent representative, Jeremy Bonnevalle
  • Auditor appointment, KPMG Bedrijfsrevisoren BV/SRL
  • Permanent representative, Steven Vanbinnebeeck

Open the deed in the Belgian Official Gazette

16-06
NBB filing Annual accounts 2025 filedNBB
full format · 45 days before the deadline
2025
31-12
Financial Weakest financial yearnet -€1.5m
The net result drops to -€1.5m, the lowest from 2018 to 2025.
04-07
Gazette deed Power of attorney: Benoît Corthouts
The company holds all the shares of DEVOTEAM3 points ▸
  • Board meeting, 28-05-2025
  • The company holds all the shares of DEVOTEAM
  • Power of attorney, Benoît Corthouts
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

04-07
Gazette deed 3 directors reappointed
Reappointments: Sebastien Chevrel, Martijn van Veen and Buca GCV · Permanent representative: Jeremy Bonnevalle5 points ▸
  • General meeting, 13-06-2025
  • Director reappointment, Sebastien Chevrel
  • Director reappointment, Martijn van Veen
  • Director reappointment, Buca GCV
  • Permanent representative, Jeremy Bonnevalle

Open the deed in the Belgian Official Gazette

19-06
NBB filing Annual accounts 2024 filedPDF
full format · 42 days before the deadline
2024
12-11
Gazette deed Permanent representatives: Steven Vanbinnebeeck and Robert Snijkers
3 points ▸
  • Board meeting, 16-09-2024
  • Permanent representative, Steven Vanbinnebeeck
  • Permanent representative, Robert Snijkers
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

21-08
Gazette deed Permanent representatives: Peter SIPS and Benoît CORTHOUTS
5 points ▸
  • Board meeting, 22-07-2024
  • Power of attorney, SipID
  • Permanent representative, Peter SIPS
  • Power of attorney, BENOÎT CORTHOUTS BV
  • Permanent representative, Benoît CORTHOUTS
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

21-08
Gazette deed 2 directors resigning, 1 director reappointed
Reappointment: Sebastien Chevrel (director) · Resignations: Emmanuel Lehmann (director) and SipID bv (director) · Permanent representative: Peter Sips5 points ▸
  • General meeting, 14-06-2024
  • Director reappointment, Sebastien Chevrel
  • Director resignation, Emmanuel Lehmann
  • Director resignation, SipID bv
  • Permanent representative, Peter Sips

Open the deed in the Belgian Official Gazette

08-07
Gazette deed Resignation: BELMO Consulting bv (managing director)
Permanent representative: Benny Moonen4 points ▸
  • General meeting, 12-04-2024
  • Director resignation, BELMO Consulting bv (managing director), mentioned twice in the deed
  • Board meeting, 12-04-2024
  • Permanent representative, Benny Moonen

Open the deed in the Belgian Official Gazette

24-06
NBB filing Annual accounts 2023 filedPDF
full format · 37 days before the deadline
02-05
Gazette deed 2 directors appointed
Appointments: Martijn van Veen (director) and Buca GCV (director) · Permanent representative: Jeremy Bonnevalle7 points ▸
  • General meeting, 08-03-2024
  • Director appointment, Martijn van Veen
  • Director appointment, Buca GCV
  • Permanent representative, Jeremy Bonnevalle
  • Board meeting, 08-03-2024
  • Director appointment, Martijn van Veen (managing director)
  • Director appointment, Buca GCV (managing director)
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Show earlier events
2023
28-07
Gazette deed Appointment: Lehmann Emmanuel (director)
Reappointment: KPMG Bedrijfsrevisoren BV (statutory auditor) · Permanent representative: Snijkers Rob4 points ▸
  • General meeting, 09-06-2023
  • Director appointment, Lehmann Emmanuel
  • Auditor reappointment, KPMG Bedrijfsrevisoren BV (statutory auditor)
  • Permanent representative, Snijkers Rob

Open the deed in the Belgian Official Gazette

13-06
NBB filing Annual accounts 2022 filedPDF
full format · 48 days before the deadline
22-05
Gazette deed Registered office moved from Zaventem to Machelen
New registered office: Culliganlaan 3, 1831 Machelen, België · Previous registered office: Belgicastraat 17- 1930 Zaventem2 points ▸
  • Board meeting, 28-04-2023
  • Registered-office move, Culliganlaan 3, 1831 Machelen, België

Open the deed in the Belgian Official Gazette

03-01
Gazette deed Merger: Devoteam takes over DEVOTEAM MANAGEMENT CONSULTING
Capital increase of €100,000 to €6,165,075.29 · Capital from €6,065,075.29 to €6,165,075.293 points ▸
  • General meeting, 14-12-2022
  • Capital increase, €100,000
  • Amendment of the articles, article 5
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

2022
31-12
Financial Highest result from 2018 to 2025net €3.0m ▲33.6%
The net result of €3.0m is the highest of those years.
07-11
Gazette deed Merger proposal: Devoteam takes over Devoteam Management Consulting NV
Permanent representatives: Benny Moonen and Peter Sips · The company holds all the shares of Devoteam Management Consulting NV10 points ▸
  • The company holds all the shares of Devoteam Management Consulting NV
  • Accounting effect, 01-07-2022
  • Registered office clause, Belgicastraat 17, 1930 Zaventem, mentioned twice in the deed
  • Board composition, Belmo Consulting BV (managing director), mentioned twice in the deed
  • Permanent representative, Benny Moonen, mentioned twice in the deed
  • Board composition, Romain Danielou (director)
  • Board composition, Roland De Laage (director)
  • Board composition, SipID BV (director)
  • Permanent representative, Peter Sips
  • Board composition, Sebastien Chevrel (director)
  • The deed holds 8 more points.

Open the deed in the Belgian Official Gazette

22-06
NBB filing Annual accounts 2021 filedPDF
full format · 39 days before the deadline
21-06
Gazette deed Appointment: SipID (director)
Permanent representative: Peter SIPS6 points ▸
  • General meeting, 29-04-2022
  • Director appointment, SipID
  • Permanent representative, Peter SIPS
  • Board meeting, 29-04-2022
  • Power of attorney, Peter SIPS
  • Power of attorney, SipID
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

18-05
Gazette deed Appointment: SipID (director)
Permanent representative: Peter SIPS6 points ▸
  • General meeting, 29-04-2022
  • Director appointment, SipID
  • Permanent representative, Peter SIPS
  • Board meeting, 29-04-2022
  • Power of attorney, Peter SIPS
  • Power of attorney, SipID (in naam en voor rekening)
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

17-02
Gazette deed 1 director appointed, 1 director resigning
Appointment: BELMO Consulting (director) · Permanent representative: Benny MOONEN · Resignation: ENLIGHT CONSULTING SERVICES (director)10 points ▸
  • General meeting, 01-02-2022
  • Director appointment, BELMO Consulting
  • Permanent representative, Benny MOONEN
  • Director resignation, ENLIGHT CONSULTING SERVICES
  • Director discharge, ENLIGHT CONSULTING SERVICES
  • Board composition, Sebastien CHEVREL (director)
  • Board composition, BELMO Consulting (director)
  • Board meeting, 01-02-2022
  • Director resignation, ENLIGHT CONSULTING SERVICES (managing director)
  • Director appointment, BELMO Consulting (managing director)
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

25-01
Gazette deed Amendment of the articles
General meeting of 15-12-20213 points ▸
  • General meeting, 15-12-2021
  • Capital, €6,065,075.29, 82,086 shares
  • Registered office clause, Belgicastraat 17, 1930 Zaventem
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2021
29-06
NBB filing Annual accounts 2020 filedPDF
full format · 32 days before the deadline
2020
05-06
NBB filing Annual accounts 2019 filedPDF
full format · 56 days before the deadline
2019
04-06
NBB filing Annual accounts 2018 filedPDF
full format · 57 days before the deadline
2018
22-05
NBB filing Annual accounts 2017 filedPDF
full format · 70 days before the deadline
2017
22-05
NBB filing Annual accounts 2016 filedPDF
full format · 70 days before the deadline
1999
30-07
Gazette deed Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.A deed published in both Dutch and French appears here once.

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

History

On 19 July 1999, DEVOTEAM was incorporated.1 In 2023 the registered office moved to Machelen.2 A capital increase in 2023 brought the capital to €6.2m.3 DEVOTEAM MANAGEMENT CONSULTING was merged into the company in 2023.4 Turnover went from €65.6m in 2023 to €51.0m in 2025 and headcount from 380 to 332 full-time equivalents.5

  1. 1KBO register
  2. 2Belgian Official Gazette, 22-05-2023
  3. 3Belgian Official Gazette, 03-01-2023
  4. 4Belgian Official Gazette, 03-01-2023
  5. 5National Bank, annual accounts 2023 and 2025

Company details

Register details

Identity

KBO record
Name DEVOTEAM in Dutch
Enterprise number 0466.475.275
LEI code 213800HL83W85OZ7E734 live in the LEI register
Legal form Public limited company
Status Active, normal situation
Founded 19-07-1999
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 25-01-2022 (in French)

Registered office and establishments

Registered office Culliganlaan 3, 1831 Machelen (Brab.), Belgium
1 former office
  • Belgicastraat 17, 1930 Zaventem until 01-08-2023 · deed of 22-05-2023
Establishment unit Culliganlaan 3, 1831 Machelen (Brab.) since 04-08-1999 · unit number 2.091.818.955

Activities

NACEBEL 2025
VAT activities
62200 Computer consultancy and computer facilities management main activity
Social security (RSZ) activities
62200 Computer consultancy and computer facilities management main activity
Codes under NACEBEL 2008
VAT activities
62020 IT consultancy main activity
Social security (RSZ) activities
62020 IT consultancy main activity
Codes under NACEBEL 2003
VAT activities
72220 main activity
Social security (RSZ) activities
72100 main activity
Joint committee 200 Auxiliary committee for white-collar workers annual accounts 2025
PurposeThe purpose describes the activities the company may carry out under its articles.
“De dienstverlening of de aankoop-wederverkoop van materiaal in het domein van de informatica en van de Telecommunicatie, door alle middelen…”
6 activities
  1. De dienstverlening of de aankoop-wederverkoop van materiaal in het domein van de informatica en van de Telecommunicatie, door alle middelen;
  2. Het adviseren, het assisteren en bemiddelen bij het concipiëren, implementeren, uitvoeren en beheren van opdrachten en projecten in het terrein van webpublishing en web-enabled business. Met de webpublishing-activiteit richt de Vennootschap zich tot de bedrijven en organisaties die het internet gebruiken voor het opzetten van informatie-, communicatie-en transactiediensten naar klanten, (toe)leveranciers, dealers, business partners en andere specifieke doelgroepen (investeerders, pers, publieksgroepen, ...). Parallel met de focus op 'enhanced websites' zal de Vennootschap de nodige expertise opbouwen om tegemoet te komen aan: de stijgende vraag naar strategische consulting en project management voor het opzetten van intranetprojecten waarbij typische 'collaboration/workflow'-processen en/of klantgerichte supportdiensten ondersteund worden;
  3. Introductie, marketing en commercialisering van alle producten en diensten die in verband staan met informatica. Dit houdt zowel groot- als kleinhandel in.
  4. Het geven van adviezen, het maken van studies, het voorbereiden en op gang brengen van organisatiesystemen, het in toepassing brengen van systemen voor gegevensverwerking en alle technieken in verband met het technische, administratief, economisch en algemeen beheer van ondernemingen;
  5. Alle verrichtingen die rechtstreeks betrekking hebben op het oordeelkundig beheer van onroerend en roerend patrimonium. Zij mag under meer onroerende goederen verwerven, bouwen, opschikken, uitrusten en opbouwen, doch alleen met het cog op het beheer en de opbrengst en dus niet met het oog op de verkoop of de wederverkoop. Zij mag onroerende goederen vervreemden met het oog op wederbelegging en opbrengst. Zij mag alle beschikbare middelen beleggen in roerende goederen en waarden.
  6. De verwerving van participaties onder gelijk welke vorm ook in handels-, industriële en financiële ondernemingen, zo in Belgische als buitenlandse, het beheer evenals het te gelde maken van deze participaties, de verwerving door deelneming, inschrijving, aankoop, optie of om het even welk ander middel van alle aandelen, obligaties, waarden en titels.
deed of 07-11-2022 (in Dutch)

Invoicing and payment

VAT number BE 0466.475.275
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0466475275
Registered 16-01-2026

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

Register as of 5 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Friday of June at 14:00
deed of 25-01-2022 (in French)

Sites & property

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

Buildings and parcels at the address

Ground area
2.7 ha
Building footprint
9,977 m²
Building volume
25,373 m³
Cadastral parcel Region Area Buildings Height / floors
23015B0163/00D003 Flanders 2.7 ha 1 · 9,977 m² 18.4 m