Equity
DEVACOR paid out €247,738 in dividends. That is 146% of the 2026 profit.
DEVACOR paid out €247,738 in dividends. That is 146% of the 2026 profit.
The result rose in 2026 from €96,861 to €169,856.
The micro format states no turnover.
Debts rose by €138,262 in 2026. A dividend stands under other debts on the balance sheet date until it is paid.
Three of the last ten came late. The 2022 accounts came latest: 51 days after the end of the period.
Higher net result than 88% of companies in financial services. Sector median €36,290 · 452 companies.
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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.
The company filed its last 7 accounts on average 2 days after the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| DEVACOR Aalter | €1.8m | €354,785 | 55.3% | - |
| GOOSSENS projecten Lievegem | €1.8m | €380,070 | 58.0% | - |
| ELMESS INVEST Lokeren | €1.6m | €419,610 | 83.8% | 0 |
| WILLCON Stekene | €2.0m | €416,381 | 90.2% | 0 |
| ELINE VAN IMPE Haaltert | €1.8m | €280,593 | 59.0% | - |
| Jan Dewaele Destelbergen | €1.6m | €404,244 | 90.3% | - |
| F.L. INVEST Herzele | €2.0m | €314,455 | 24.7% | - |
These companies have the same main activity as DEVACOR: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €1.6m and €2m, founded between 2007 and 2011.
DEVACOR files the micro format. That format states no turnover. The gross margin rose from €139,832 in 2011 to €354,785 in 2026.
The balance sheet grew most from 2016 to 2018 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 59% of 9,771 companies in 2025.
Higher than 39% of 9,625 companies in 2025.
| 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.
| 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 |
| 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.
| 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)
| 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)
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.
DEVACOR has no parent and no holdings in its annual accounts. DEVACOR shares no director with another company.
| Van Heyste, Jean-Luc (sole trader)
establishment since 28-01-1992 |
founded in 1992 0648.366.212 |
Deadline for the 2027 accounts: 31-10-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Grote-Kapellestraat 49 registered office 9910 Aalter | 26-10-2009 | 2.181.937.893 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44029C0344/00B000 | 1,602 m² | 1 · 170 m² | 10.8 m · 2 |
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