DEVOS GROUP
ActiveSummary
DEVOS GROUP has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26.52M and a net result of €1.87M. Equity is growing by ~18.3% per year across the filed fiscal years. Its solvency ranks better than 45% of 4886 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
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Financials · fiscal year 2025, full schema
Filed annual accounts As filed with the NBB · 2025 against 2024 · 89 lines
The notes to these accounts (87 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €59.56M | €69.00M | €85.99M | €81.31M | ▼ 5.4% |
| Turnover70 | €44.62M | €57.83M | €66.87M | €78.96M | €80.01M | ▲ 1.3% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | - | €4.19M | €-2.97M | ▼ 171% |
| Other operating income74 | - | €1.73M | €2.13M | €2.77M | €3.99M | ▲ 44.0% |
| Non-recurring operating income76A | - | - | - | €73k | €281k | ▲ 284% |
| Operating charges60/66A | - | €56.76M | €62.86M | €80.10M | €77.87M | ▼ 2.8% |
| Goods for resale, raw materials and consumables60 | - | €36.74M | €39.67M | €55.35M | €56.80M | ▲ 2.6% |
| Purchases600/8 | - | €38.52M | €45.73M | €54.31M | €55.54M | ▲ 2.3% |
| Change in stocks: decrease (increase)609 | - | €-1.78M | €-6.05M | €1.05M | €1.26M | ▲ 20.2% |
| Services and other goods61 | - | €13.73M | €15.89M | €16.94M | €12.37M | ▼ 27.0% |
| Remuneration, social security and pensions62 | - | €4.25M | €4.60M | €4.50M | €4.37M | ▼ 3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1.33M | €1.79M | €2.22M | €3.03M | €3.80M | ▲ 25.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €-144k | €139k | €26k | €18k | ▼ 31.3% |
| Other operating charges640/8 | - | €388k | €335k | €221k | €276k | ▲ 24.8% |
| Non-recurring operating charges66A | - | - | - | €26k | €239k | ▲ 801% |
| Operating profit (loss)9901 | €5.53M | €2.80M | €6.14M | €5.90M | €3.44M | ▼ 41.7% |
| Financial income75/76B | - | €239k | €353k | €142k | €263k | ▲ 85.0% |
| Recurring financial income75 | €114k | €239k | €353k | €142k | €263k | ▲ 85.0% |
| Income from financial fixed assets750 | - | €113k | €146k | €8k | €46k | ▲ 441% |
| Income from current assets751 | - | €69k | - | €98k | €153k | ▲ 56.8% |
| Other financial income752/9 | - | €56k | €207k | €36k | €64k | ▲ 78.1% |
| Financial charges65/66B | - | €596k | €795k | €1.42M | €1.45M | ▲ 1.6% |
| Recurring financial charges65 | €637k | €596k | €795k | €1.42M | €1.30M | ▼ 8.9% |
| Debt charges650 | €486k | €449k | €544k | €1.34M | €1.23M | ▼ 8.2% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | €52k | €168k | - | - | - |
| Other financial charges652/9 | - | €95k | €83k | €89k | €71k | ▼ 20.6% |
| Non-recurring financial charges66B | - | - | - | - | €150k | - |
| Profit (loss) for the period before taxes9903 | €5.01M | €2.45M | €5.70M | €4.61M | €2.25M | ▼ 51.1% |
| Income taxes67/77 | €1.22M | €543k | €1.34M | €1.00M | €389k | ▼ 61.1% |
| Taxes670/3 | - | €543k | €1.34M | €1.01M | €389k | ▼ 61.6% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €13k | - | - |
| Profit (loss) for the period9904 | €3.79M | €1.90M | €4.36M | €3.61M | €1.87M | ▼ 48.4% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €242k | - |
| Transfer to tax-exempt reserves689 | - | - | €998k | €998k | - | - |
| Profit (loss) for the period to be appropriated9905 | €3.79M | €1.90M | €3.36M | €2.61M | €2.11M | ▼ 19.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €37.90M | €43.63M | €51.02M | €67.43M | €64.17M | ▼ 4.8% |
| Formation expenses20 | - | - | - | - | €0 | - |
| Fixed assets21/28 | €15.15M | €23.28M | €23.58M | €34.23M | €39.37M | ▲ 15.0% |
| Intangible fixed assets21 | €144k | €134k | €192k | €210k | €212k | ▲ 0.9% |
| Tangible fixed assets22/27 | €14.62M | €21.27M | €21.51M | €32.17M | €34.59M | ▲ 7.5% |
| Land and buildings22 | - | €18.80M | €18.71M | €28.32M | €30.54M | ▲ 7.8% |
| Plant, machinery and equipment23 | - | €942k | €994k | €1.30M | €1.06M | ▼ 18.5% |
| Furniture and vehicles24 | - | €1.00M | €1.24M | €1.39M | €1.08M | ▼ 22.5% |
| Other tangible fixed assets26 | - | €519k | €566k | €1.16M | €948k | ▼ 18.1% |
| Assets under construction and advance payments27 | - | - | - | - | €965k | - |
| Financial fixed assets28 | €382k | €1.88M | €1.88M | €1.85M | €4.57M | ▲ 147% |
| Affiliated companies280/1 | - | - | - | €1.75M | €3.87M | ▲ 122% |
| Participating interests280 | - | - | - | €1.75M | €3.87M | ▲ 122% |
| Companies linked by participating interests282/3 | - | €1.87M | €1.87M | €100k | €700k | ▲ 600% |
| Participating interests282 | - | €1.87M | €1.87M | €100k | €700k | ▲ 600% |
| Other financial fixed assets284/8 | - | €5k | €5k | €5k | €5k | = |
| Shares284 | - | €5k | €5k | €5k | €5k | = |
| Current assets29/58 | €22.75M | €20.36M | €27.44M | €33.20M | €24.80M | ▼ 25.3% |
| Amounts receivable after more than one year29 | - | - | - | - | €1.76M | - |
| Trade receivables290 | - | - | - | - | €1.76M | - |
| Stocks and contracts in progress3 | €3.86M | €5.64M | €11.69M | €14.04M | €9.05M | ▼ 35.5% |
| Stocks30/36 | - | €5.64M | €11.69M | €14.04M | €9.05M | ▼ 35.5% |
| Work in progress32 | - | - | - | €12.78M | €9.05M | ▼ 29.2% |
| Goods purchased for resale34 | - | €5.64M | €11.69M | €1.26M | - | - |
| Amounts receivable within one year40/41 | €11.02M | €11.55M | €13.88M | €18.02M | €11.03M | ▼ 38.8% |
| Trade receivables40 | - | €7.18M | €9.16M | €10.06M | €4.79M | ▼ 52.4% |
| Other amounts receivable41 | - | €4.37M | €4.73M | €7.96M | €6.25M | ▼ 21.5% |
| Cash at bank and in hand54/58 | €7.86M | €3.16M | €1.63M | €834k | €2.92M | ▲ 250% |
| Deferred charges and accrued income490/1 | - | - | €230k | €308k | €40k | ▼ 87.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €37.90M | €43.63M | €51.02M | €67.43M | €64.17M | ▼ 4.8% |
| Equity10/15 | €14.78M | €16.68M | €21.04M | €24.65M | €26.52M | ▲ 7.6% |
| Contributions10/11 | - | €4.67M | €4.67M | €4.67M | €4.67M | = |
| Reserves13 | €10.11M | €12.02M | €16.37M | €19.99M | €21.85M | ▲ 9.3% |
| Non-distributable reserves130/1 | - | €467k | - | - | - | - |
| Reserves not available under the articles1311 | - | €467k | - | - | - | - |
| Tax-exempt reserves132 | - | €24k | €1.02M | €2.02M | €1.78M | ▼ 12.0% |
| Distributable reserves133 | - | €11.53M | €15.35M | €17.97M | €20.07M | ▲ 11.7% |
| Amounts payable17/49 | €23.12M | €26.95M | €29.98M | €42.78M | €37.66M | ▼ 12.0% |
| Amounts payable after more than one year17 | €6.02M | €8.50M | €4.00M | €2.34M | €1.87M | ▼ 19.9% |
| Financial debts170/4 | - | €8.50M | €4.00M | €2.34M | €1.87M | ▼ 19.9% |
| Credit institutions173 | - | €8.50M | €4.00M | €2.34M | €1.87M | ▼ 19.9% |
| Amounts payable within one year42/48 | €16.55M | €17.45M | €25.11M | €39.98M | €35.25M | ▼ 11.8% |
| Current portion of amounts payable after more than one year42 | - | €1.16M | €566k | €466k | €466k | = |
| Financial debts43 | - | - | - | €5.94M | €336k | ▼ 94.3% |
| Credit institutions430/8 | - | - | - | €5.94M | €336k | ▼ 94.3% |
| Trade debts44 | €4.23M | €4.22M | €7.77M | €5.94M | €4.84M | ▼ 18.6% |
| Suppliers440/4 | - | €4.22M | €7.77M | €5.94M | €4.84M | ▼ 18.6% |
| Advances received on contracts in progress46 | - | - | - | - | €54k | - |
| Taxes, remuneration and social security45 | - | €655k | €491k | €598k | €648k | ▲ 8.4% |
| Taxes450/3 | - | €411k | €150k | €292k | €280k | ▼ 4.0% |
| Remuneration and social security454/9 | - | €244k | €341k | €306k | €368k | ▲ 20.3% |
| Other amounts payable47/48 | - | €11.42M | €16.28M | €27.04M | €28.91M | ▲ 6.9% |
| Accrued charges and deferred income492/3 | - | €1.00M | €871k | €461k | €534k | ▲ 15.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3.79M | €1.90M | €4.36M | €3.61M | €1.87M | ▼ 48.4% |
| + Depreciation and write-downs630 | €1.33M | €1.79M | €2.22M | €3.03M | €3.80M | ▲ 25.5% |
| Operating cash flow (approximation) | €5.11M | €3.70M | €6.58M | €6.64M | €5.66M | ▼ 14.7% |
| Investment in fixed assets (approximation) | - | €-9.92M | €-2.53M | €-13.68M | €-8.94M | ▲ 34.6% |
| Change in cash | - | €-4.70M | €-1.53M | €-797k | €2.08M | ▲ 362% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 15 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
2 establishment units
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24008H0344/00G003 | Flanders | 6.1 ha | 1 · 8,266 m² | 11.2 m · 2 fl. |
| 24008H0344/00D003 | Flanders | 1.2 ha | 1 · 335 m² | 3.1 m |
Linked by address, not proof of ownership
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 11,260 EUR awarded · 11,260 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 11,260 EUR | 11,260 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteSimilar companies · same sector, comparable size
Identification & contact
Scores and ratios are computed by Checked and are not a credit decision.