DEVACOR
Annual accounts 2026
micro format, filed on 19-10-2026, 12 days before the deadlineMoney flows
no detail for 2026Balance sheet
balance sheet total €1.8m on 31-03-2026in €m
in euro
Position in the sector
55.3%
Higher than 59% of 9,771 companies in 2025.
9.5%
Higher than 39% of 9,625 companies in 2025.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||
20/58 |
1.8m | 1.7m | 1.8m | 1.8m | 1.8m | 1.7m | 1.3m | 1.3m | 1.3m | 1.3m | 684,473 | 605,624 | 556,243 | 504,310 | 498,597 | 380,411 | |
21/28 |
1.6m | 1.6m | 1.7m | 1.7m | 1.8m | 1.6m | 1.0m | 1.1m | 1.1m | 992,480 | 405,899 | 434,023 | 454,736 | 465,490 | 458,604 | 258,568 | |
21 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 117 | 233 | - | |
22/27 |
1.6m | 1.6m | 1.7m | 1.7m | 1.8m | 1.6m | 1.0m | 1.1m | 1.1m | 992,480 | 405,899 | 434,023 | 454,736 | 465,373 | 458,371 | 258,568 | |
22 |
1.6m | 1.6m | 1.7m | 1.7m | 1.8m | 1.6m | 1.0m | 1.1m | 1.1m | 986,382 | 397,362 | 423,047 | 441,321 | 449,519 | 440,078 | 228,326 | |
24 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,321 | |
26 |
- | - | - | - | - | - | - | 1,220 | 3,659 | 6,098 | 8,537 | 10,976 | 13,415 | 15,854 | 18,293 | 26,921 | |
29/58 |
230,555 | 101,167 | 77,819 | 48,948 | 11,910 | 58,546 | 269,331 | 215,933 | 251,582 | 260,341 | 278,574 | 171,601 | 101,507 | 38,820 | 39,993 | 121,843 | |
40/41 |
6,094 | 89,267 | 65,107 | 13,309 | 2 | - | 75,255 | 158,135 | 97,200 | 95,613 | 90,054 | 66,608 | 101,507 | 38,820 | 20,001 | 54,300 | |
40 |
6,094 | 19,267 | 12,100 | 13,309 | - | - | 12,220 | 36,420 | 24,200 | - | 36,300 | 12,100 | 36,300 | 36,300 | - | 26,300 | |
41 |
0 | 70,000 | 53,007 | - | 2 | - | 63,035 | 121,715 | 73,000 | 95,613 | 53,754 | 54,508 | 65,207 | 2,520 | 20,001 | 28,000 | |
54/58 |
223,222 | 11,360 | 12,575 | 35,639 | 11,907 | 58,546 | 193,495 | 57,036 | 154,382 | 116,977 | - | - | - | - | 19,992 | 67,543 | |
490/1 |
1,239 | 539 | 137 | - | - | - | 581 | 761 | - | 47,751 | 188,520 | 104,993 | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||
10/49 |
1.8m | 1.7m | 1.8m | 1.8m | 1.8m | 1.7m | 1.3m | 1.3m | 1.3m | 1.3m | 684,473 | 605,624 | 556,243 | 504,310 | 498,597 | 380,411 | |
10/15 |
986,103 | 1.1m | 967,124 | 864,323 | 743,020 | 561,279 | 514,072 | 495,282 | 464,578 | 410,460 | 389,389 | 320,814 | 252,858 | 208,669 | 144,145 | 95,490 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
11 |
- | - | - | - | 18,600 | 18,600 | - | - | - | - | - | - | - | - | - | - | |
1100/10 |
- | - | - | - | 18,600 | 18,600 | - | - | - | - | - | - | - | - | - | - | |
13 |
967,503 | 1.0m | 948,524 | 845,723 | 724,420 | 542,679 | 495,472 | 476,682 | 445,978 | 391,860 | 370,789 | 302,214 | 234,258 | 190,069 | 125,545 | 76,890 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | |
133 |
965,643 | 1.0m | 946,664 | 843,863 | 722,560 | 540,819 | 493,612 | 474,822 | 444,118 | 390,000 | 368,929 | 300,354 | 232,398 | 188,209 | 123,685 | 75,030 | |
14 |
0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
16 |
- | - | - | - | - | - | 18,138 | 7,138 | 7,138 | 7,138 | 7,138 | - | - | - | - | - | |
160/5 |
- | - | - | - | - | - | 18,138 | - | - | - | - | - | - | - | - | - | |
162 |
- | - | - | - | - | - | 18,138 | - | - | - | - | - | - | - | - | - | |
168 |
- | - | - | - | - | - | - | 7,138 | 7,138 | 7,138 | 7,138 | - | - | - | - | - | |
17/49 |
796,672 | 658,410 | 797,009 | 925,624 | 1.1m | 1.1m | 770,309 | 802,443 | 868,396 | 835,223 | 287,946 | 284,810 | 303,385 | 295,641 | 354,452 | 284,921 | |
17 |
233,417 | 333,574 | 433,258 | 537,467 | 642,880 | 747,833 | 447,622 | 508,123 | 569,454 | 562,154 | 51,615 | 58,273 | 64,930 | 76,009 | 188,383 | 190,402 | |
170/4 |
233,417 | 333,574 | 433,258 | 537,467 | 642,880 | 747,833 | 447,622 | 508,123 | 569,454 | 562,154 | 51,615 | 58,273 | 64,930 | 76,009 | 188,383 | 190,402 | |
42/48 |
539,742 | 298,618 | 337,298 | 360,235 | 432,933 | 383,792 | 311,154 | 282,771 | 298,942 | 273,069 | 236,331 | 43,124 | 238,455 | 219,632 | 166,069 | 94,519 | |
42 |
100,157 | 99,685 | 104,209 | 105,413 | 101,007 | 104,499 | 58,794 | 60,502 | 60,502 | 49,991 | 6,657 | - | 11,391 | 15,413 | 23,689 | 14,933 | |
43 |
- | - | - | - | - | - | - | - | 10,568 | 12,612 | 11,147 | 19,046 | 12,056 | 11,799 | 3,225 | - | |
430/8 |
- | - | - | - | - | - | - | - | 10,568 | 12,612 | 11,147 | 6,657 | 12,056 | 11,799 | 3,225 | - | |
439 |
- | - | - | - | - | - | - | - | - | - | - | 12,389 | - | - | - | - | |
44 |
1,959 | 710 | 1,065 | 2,676 | 20,649 | 48,050 | 24,636 | 22,611 | 20,419 | 14,450 | 8,254 | 8,558 | 15,730 | 4,227 | 27,912 | 20,390 | |
440/4 |
1,959 | 710 | 1,065 | 2,676 | 20,649 | 48,050 | 24,636 | 22,611 | 20,419 | 14,450 | 8,254 | 8,558 | 15,730 | 4,227 | 27,912 | 20,390 | |
45 |
9,825 | 11,520 | 55,134 | 64,678 | 16,071 | 4,682 | 30,721 | 18,634 | 19,369 | 14,085 | 19,421 | 15,520 | 23,592 | 9,129 | 30,815 | 38,447 | |
450/3 |
9,825 | 11,520 | 55,134 | 64,678 | 16,071 | 4,682 | 30,721 | 18,634 | 19,369 | 14,085 | 19,421 | - | 23,592 | 9,129 | 30,815 | 38,447 | |
454/9 |
- | - | - | - | - | - | - | - | - | - | - | 15,520 | - | - | - | - | |
47/48 |
427,801 | 186,703 | 176,889 | 187,467 | 295,206 | 226,561 | 197,003 | 181,023 | 188,084 | 181,931 | 190,852 | - | 175,686 | 179,064 | 80,428 | 20,749 | |
492/3 |
23,514 | 26,219 | 26,453 | 27,923 | - | - | 11,534 | 11,549 | - | - | - | 183,413 | - | - | - | - | |
| Income statement | |||||||||||||||||
70 |
- | - | - | - | - | - | 175,038 | 149,030 | - | - | - | - | - | - | - | - | |
76A |
- | - | - | - | - | - | 2,420 | 2,415 | - | - | - | - | - | - | - | - | |
9900 |
354,785 | 277,718 | 239,268 | 286,198 | 304,868 | 115,288 | 118,556 | 86,703 | 152,446 | 97,592 | 137,343 | 139,537 | 129,478 | 104,628 | 90,058 | 139,832 | |
60/61 |
- | - | - | - | - | - | 58,902 | 64,743 | - | - | - | - | - | - | - | - | |
630 |
69,008 | 69,005 | 68,547 | 76,624 | 74,569 | 58,576 | 55,742 | 58,632 | 53,740 | 50,419 | 28,124 | 29,064 | 28,137 | 23,720 | 13,725 | 18,323 | |
635/8 |
- | - | - | - | - | -18,138 | 11,000 | - | - | - | - | - | - | - | - | - | |
640/8 |
8,887 | 8,436 | 8,170 | 7,479 | 7,330 | 6,488 | 4,715 | 4,116 | 3,729 | 1,501 | 1,377 | 1,181 | 1,713 | 1,773 | 1,275 | 808 | |
9901 |
276,890 | 200,278 | 162,550 | 202,095 | 222,968 | 68,362 | 47,099 | 23,954 | 94,977 | 45,672 | 107,842 | 109,292 | 99,628 | 79,135 | 75,058 | 120,701 | |
75/76B |
- | - | 0 | 21 | 931 | 1,622 | - | 37,673 | 4,139 | 4,139 | 4,138 | 4,172 | 4,145 | 4,158 | 4,323 | 4,255 | |
75 |
- | - | 0 | 21 | 931 | 1,622 | - | 37,673 | 4,139 | 4,139 | 4,138 | 4,172 | 4,145 | 4,158 | 4,323 | 4,255 | |
65/66B |
26,923 | 48,267 | 8,196 | 13,634 | 7,430 | 18,457 | 26,158 | 26,080 | 27,754 | 23,950 | 17,424 | 19,349 | 18,587 | 18,768 | 12,214 | 13,807 | |
65 |
26,923 | 48,267 | 8,196 | 13,634 | 7,430 | 18,457 | 26,158 | 26,080 | 27,754 | 23,950 | 17,424 | 19,349 | 18,587 | 18,768 | 12,214 | 13,807 | |
9903 |
249,967 | 152,011 | 154,354 | 188,483 | 216,469 | 51,527 | 20,941 | 35,547 | 71,362 | 25,861 | 94,556 | 94,115 | 85,186 | 64,525 | 67,167 | 111,149 | |
67/77 |
80,111 | 55,150 | 51,553 | 67,179 | 34,728 | 4,321 | 2,151 | 4,843 | 17,244 | 4,790 | 25,981 | 26,159 | 40,997 | - | 18,512 | 34,259 | |
9904 |
169,856 | 96,861 | 102,801 | 121,304 | 181,741 | 47,206 | 18,790 | 30,704 | 54,118 | 21,071 | 68,575 | 67,956 | 44,189 | 64,525 | 48,655 | 76,890 | |
9905 |
169,856 | 96,861 | 102,801 | 121,304 | 181,741 | 47,206 | 18,790 | 30,704 | 54,118 | 21,071 | 68,575 | 67,956 | 44,189 | 64,525 | 48,655 | 76,890 | |
| Appropriation of the result | |||||||||||||||||
9906 |
169,856 | 96,861 | 102,801 | 121,304 | 247,738 | 47,206 | 18,790 | 30,704 | 54,118 | 21,071 | 68,575 | 67,956 | 44,189 | 64,525 | 48,655 | 76,890 | |
14P |
- | - | - | - | 65,997 | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
247,738 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
169,856 | 96,861 | 102,801 | 121,304 | 247,738 | 47,206 | 18,790 | 30,704 | 54,118 | 21,071 | 68,575 | 67,956 | 44,189 | 64,525 | 48,655 | 76,890 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
169,856 | 96,861 | 102,801 | 121,304 | 247,738 | 47,206 | 18,790 | 30,704 | 54,118 | 21,071 | 68,575 | 67,956 | 44,189 | 64,525 | 48,655 | 75,030 | |
694/7 |
247,738 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
247,738 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||
The notes to these accounts have 10 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 2026 at the NBB, filed on 19-10-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | micro format | 19-10-2026 | 2026-00563132 | |
| 31-03-2025 | micro format | 22-09-2025 | 2025-00501144 | |
| 31-03-2024 | micro format | 12-11-2024 | 2024-00533118 | |
| 31-03-2023 | micro format | 10-11-2023 | 2023-00510735 | |
| 31-03-2022 | micro format | 21-12-2022 | 2022-20545433 | |
| 31-03-2021 | micro format | 29-10-2021 | 2021-74800425 | |
| 31-03-2020 | micro format | 28-10-2020 | 2020-64000414 | |
| 31-03-2019 | micro format | 02-10-2019 | 2019-68100516 | |
| 31-03-2018 | micro format | 18-10-2018 | 2018-69500460 | |
| 31-03-2017 | abbreviated format | 26-10-2017 | 2017-67900587 | |
| 31-03-2016 | abbreviated format | 01-11-2016 | 2016-67300020 | |
| 31-03-2015 | abbreviated format | 30-09-2015 | 2015-62100365 | |
| 31-03-2014 | abbreviated format | 25-09-2014 | 2014-60000503 | |
| 31-03-2013 | abbreviated format | 03-12-2013 | 2013-67900037 | |
| 31-03-2012 | abbreviated format | 12-10-2012 | 2012-60900317 | |
| 31-03-2011 | abbreviated format | 27-10-2011 | 2011-58800113 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 3,918 | 13,863 | 10,700 | 247,135 | 659,745 | 0 | 59,034 | 148,905 | 637,000 | 0 | 8,351 | 17,383 | 38,900 | 223,270 | 276,891 | ||
| 211,862 | -1,216 | -23,064 | 23,732 | -46,638 | -134,949 | 136,459 | -97,346 | 37,405 | - | - | - | - | - | -47,551 | - | ||
| - | - | - | - | - | - | 26.9% | 16.1% | - | - | - | - | - | - | - | - | ||
| 55.3% | 61.8% | 54.8% | 48.3% | 40.9% | 33.2% | 39.5% | 38.0% | 34.7% | 32.8% | 56.9% | 53.0% | 45.5% | 41.4% | 28.9% | 25.1% | ||
| 17.2% | 9.1% | 10.6% | 14.0% | 24.5% | 8.4% | 3.7% | 6.2% | 11.6% | 5.1% | 17.6% | 21.2% | 17.5% | 30.9% | 33.8% | 80.5% | ||
| 9.5% | 5.6% | 5.8% | 6.8% | 10.0% | 2.8% | 1.4% | 2.4% | 4.0% | 1.7% | 10.0% | 11.2% | 7.9% | 12.8% | 9.8% | 20.2% |
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.
Securities and guarantees
on own assets and for others| Item | 31-03-2026 | 31-03-2025 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|---|
| Mortgages, amount registered | - | - | - | - | €453,200 |
| Carrying value of the mortgaged assets | - | - | - | - | €644,136 |
Source: notes to the 2022 to 2026 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 31-03-2026 | 31-03-2025 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €3,918 | €13,863 | €10,700 | €247,135 |
| Financial fixed assets | €0 | - | - | - | - |
| €69,008 | €69,005 | €68,547 | €76,624 | €74,569 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
Insights on DEVACOR
The operating result for 2026 is 38% higher than in 2025 and the highest since 2011. It is the second rise in a row, after the fall in 2024.
Debt's share of the balance-sheet total rises from 38.2% to 44.7%. Equity is lower and debt is higher.