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DEVAERE

Dissolution or liquidation
Public limited companyfounded 1988Meulebekesteenweg(Den) 57A, 8720 Dentergem, BelgiumKBO/BCE: BE 0435.147.542
Summary

The KBO register records for DEVAERE the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2025 annual accounts show negative equity (-€4.0m) and a net result of -€18,538.

DEVAEREDissolution or liquidation

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€4.0m
raises risk · Register: dissolution or liquidation
The KBO register records the legal situation: dissolution or liquidation. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
31 d late
2024
29 d late
2023
68 d late
2022
21 d late
2021
5 d early
2020
31 d late
2019
59 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 33 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 40% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

DEVAERE was incorporated on 9 September 1988.1 Total assets fell from EUR 1.6 million in 2018 to EUR 912,942 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, abbreviated schema

Equity
-€4.0m▼ 0.5%
2024 · -€4.0m
Total assets
€912,942▼ 0.5%
2024 · €917,746
Net result
-€18,538▼ 88.8%
2024 · -€9,820
Working capital
-€3.9m▼ 0.9%
2024 · -€3.9m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 42, Civil engineering, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€7,300▲ 75.6%-€1,091▲ 85.1%-€824,522▼ 75,494%-€12,078▲ 98.5%-€20,766▼ 71.9%
Net result-€7,306below the sector's middle half▲ 75.6%-€1,091below the sector's middle half▲ 85.1%-€826,369below the sector's middle half▼ 75,663%-€9,820below the sector's middle half▲ 98.8%-€18,538below the sector's middle half▼ 88.8%
Equity-€3.1mbelow the sector's middle half▼ 0.2%-€3.1mbelow the sector's middle half=-€4.0mbelow the sector's middle half▼ 26.3%-€4.0mbelow the sector's middle half▼ 0.2%-€4.0mbelow the sector's middle half▼ 0.5%
Total assets€1.5mabove the sector's middle half▼ 1.3%€1.5mabove the sector's middle half▼ 0.1%€926,424above the sector's middle half▼ 37.9%€917,746above the sector's middle half▼ 0.9%€912,942within the sector's middle half▼ 0.5%
Debt€2.7m▼ 0.5%€2.7m=€2.5m▼ 8.1%€4.8m▲ 95.7%€4.8m▲ 0.6%
Working capital-€1.2mbelow the sector's middle half▼ 0.6%-€1.2mbelow the sector's middle half▼ 0.1%-€1.5mbelow the sector's middle half▼ 29.6%-€3.9mbelow the sector's middle half▼ 154%-€3.9mbelow the sector's middle half▼ 0.9%
Solvency-210.2%below the sector's middle half▼ 3.2pp-210.5%below the sector's middle half▼ 0.3pp-428.0%below the sector's middle half▼ 217.5pp-433.1%below the sector's middle half▼ 5.1pp-437.4%below the sector's middle half▼ 4.3pp
Current ratio0.56below the sector's middle half=0.56below the sector's middle half=0.38below the sector's middle half▼ 0.180.19below the sector's middle half▼ 0.190.19below the sector's middle half=
Return on assets (ROA)-0.5%below the sector's middle half▲ 1.5pp-0.1%below the sector's middle half▲ 0.4pp-89.2%below the sector's middle half▼ 89.1pp-1.1%below the sector's middle half▲ 88.1pp-2.0%below the sector's middle half▼ 1.0pp
above within below the middle half (P25 to P75) of NACE 42, Civil engineering, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€1.0m-€750,000-€500,000-€250,000€0Operating result 2021: -€7,300-€7,300Net result 2021: -€7,306-€7,306Operating result 2022: -€1,091-€1,091Net result 2022: -€1,091-€1,091Operating result 2023: -€824,522-€824,522Net result 2023: -€826,369-€826,369Operating result 2024: -€12,078-€12,078Net result 2024: -€9,820-€9,820Operating result 2025: -€20,766-€20,766Net result 2025: -€18,538-€18,53820212022202320242025-€1m-€750,000-€500,000-€250,000€0Operating result 2023: -€824,522-€825,000Net result 2023: -€826,369-€826,000Operating result 2024: -€12,078-€12,100Net result 2024: -€9,820-€9,820Operating result 2025: -€20,766-€20,800Net result 2025: -€18,538-€18,500202320242025
The operating result stays negative: a loss of €20,766 in 2025 against €12,078 in 2024; the loss grows.
Key figures and ratios
2025 value · change against 2024
Debt to equity
-1.21▼
2024 · -1.21
Debt ≤ 1 year
€4.8m▲
2024 · €4.8m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€917,746€912,942▼
Current assets29/58€917,746€912,942▼
Amounts receivable within one year40/41€282,010€310,227▲
Trade receivables40€273,232€301,449▲
Other amounts receivable41€8,778€8,778=
Cash at bank and in hand54/58€635,736€602,715▼
Equity and liabilities
Total equity and liabilities10/49€917,746€912,942▼
Equity10/15-€4.0m-€4.0m▼
Contributions10/11€224,000€224,000=
Capital10€224,000€224,000=
Issued capital100€224,000€224,000=
Reserves13€411,152€411,152=
Non-distributable reserves130/1€22,400€22,400=
Legal reserve130€22,400€22,400=
Distributable reserves133€388,752€388,752=
Profit (loss) carried forward14-€4.6m-€4.6m▼
Provisions and deferred taxes16€90,000€73,883▼
Provisions for liabilities and charges160/5€90,000€73,883▼
Major repairs and maintenance162€90,000€73,883▼
Other liabilities and charges164/5€0-
Amounts payable17/49€4.8m€4.8m▲
Amounts payable within one year42/48€4.8m€4.8m▲
Financial debts43€175,410€175,410=
Credit institutions430/8€175,410€175,410=
Trade debts44€4.6m€4.6m▲
Suppliers440/4€4.6m€4.6m▲
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€55,250€55,250=
Income statement Code20242025
Non-recurring operating income76A€0-
Provisions for liabilities and charges: additions (uses and reversals)635/8-€2.3m-€16,117▲
Other operating charges640/8€0€3,018▲
Non-recurring operating charges66A€0-
Gross operating margin9900-€2.4m-€33,866▲
Operating profit (loss)9901-€12,078-€20,766▼
Financial income75/76B€2,258€2,229▼
Recurring financial income75€2,258€2,229▼
Financial charges65/66B€0-
Recurring financial charges65€0-
Profit (loss) for the period before taxes9903-€9,820-€18,538▼
Profit (loss) for the period9904-€9,820-€18,538▼
Profit (loss) for the period to be appropriated9905-€9,820-€18,538▼
Appropriation of the result
Profit (loss) to be appropriated9906-€4.6m-€4.6m▼
Profit (loss) brought forward from the previous period14P-€4.6m-€4.6m▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A--€247,147€0--
Provisions for liabilities and charges: additions (uses and reversals)635/8--€477,786-€2.3m-€16,117▲ 99.3%
Other operating charges640/8--€28,795€0€3,018-
Non-recurring operating charges66A€5,750€0€562,017€0--
Gross operating margin9900-€1,550-€1,091€244,076-€2.4m-€33,866▲ 98.6%
Operating profit (loss)9901-€7,300-€1,091-€824,522-€12,078-€20,766▼ 71.9%
Financial income75/76B--€1,242€2,258€2,229▼ 1.3%
Recurring financial income75--€1,242€2,258€2,229▼ 1.3%
Financial charges65/66B€6€0€3,090€0--
Recurring financial charges65€6€0€3,090€0--
Profit (loss) for the period before taxes9903-€7,306-€1,091-€826,369-€9,820-€18,538▼ 88.8%
Profit (loss) for the period9904-€7,306-€1,091-€826,369-€9,820-€18,538▼ 88.8%
Profit (loss) for the period to be appropriated9905-€7,306-€1,091-€826,369-€9,820-€18,538▼ 88.8%
Line20212022202320242025Change
Assets
Total assets20/58€1.5m€1.5m€926,424€917,746€912,942▼ 0.5%
Current assets29/58€1.5m€1.5m€926,424€917,746€912,942▼ 0.5%
Amounts receivable within one year40/41€842,804€842,804€279,756€282,010€310,227▲ 10.0%
Trade receivables40€273,232€273,232€273,232€273,232€301,449▲ 10.3%
Other amounts receivable41€569,572€569,572€6,524€8,778€8,778=
Cash at bank and in hand54/58€649,965€648,348€646,669€635,736€602,715▼ 5.2%
Equity and liabilities
Total equity and liabilities10/49€1.5m€1.5m€926,424€917,746€912,942▼ 0.5%
Equity10/15-€3.1m-€3.1m-€4.0m-€4.0m-€4.0m▼ 0.5%
Contributions10/11€224,000€224,000€224,000€224,000€224,000=
Capital10€224,000€224,000€224,000€224,000€224,000=
Issued capital100€224,000€224,000€224,000€224,000€224,000=
Reserves13€411,152€411,152€411,152€411,152€411,152=
Non-distributable reserves130/1€22,400€22,400€22,400€22,400€22,400=
Legal reserve130€22,400€22,400€22,400€22,400€22,400=
Distributable reserves133€388,752€388,752€388,752€388,752€388,752=
Profit (loss) carried forward14-€3.8m-€3.8m-€4.6m-€4.6m-€4.6m▼ 0.4%
Provisions and deferred taxes16€2.0m€2.0m€2.4m€90,000€73,883▼ 17.9%
Provisions for liabilities and charges160/5€2.0m€2.0m€2.4m€90,000€73,883▼ 17.9%
Major repairs and maintenance162€2.0m€90,000€90,000€90,000€73,883▼ 17.9%
Other liabilities and charges164/5-€1.9m€2.3m€0--
Amounts payable17/49€2.7m€2.7m€2.5m€4.8m€4.8m▲ 0.6%
Amounts payable within one year42/48€2.7m€2.7m€2.5m€4.8m€4.8m▲ 0.6%
Financial debts43€422,557€422,557€175,410€175,410€175,410=
Credit institutions430/8€422,557€422,557€175,410€175,410€175,410=
Trade debts44€2.2m€2.2m€2.2m€4.6m€4.6m▲ 0.7%
Suppliers440/4€2.2m€2.2m€2.2m€4.6m€4.6m▲ 0.7%
Taxes, remuneration and social security45--€183€0--
Taxes450/3--€183€0--
Other amounts payable47/48€55,250€55,250€55,250€55,250€55,250=
Line20212022202320242025Change
Profit (loss) for the period9904-€7,306-€1,091-€826,369-€9,820-€18,538▼ 88.8%
Operating cash flow (approximation)-€7,306-€1,091-€826,369-€9,820-€18,538▼ 88.8%
Change in cash--€1,617-€1,679-€10,932-€33,021▼ 202%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
07-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
31-12
Financial Weakest financial yearnet -€826,369
Net result drops to -€826,369, the lowest in the series.
21-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
26-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
28-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 59 days late
07-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 160 days late
2019
10-10
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 436 days late
09-10
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 800 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Dentergem · 1 establishment unit since 1988
seat establishment approximate The establishment unit on the map
Ground area
1.1 ha
Building footprint
200 m²
Volume, LiDAR
959 m³
2 parcels, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NV DEVAERE
Tieltseweg(Den) zn, 8720 DentergemGrowing of cereals (except rice), leguminous crops and oil seeds
since 19882.040.130.724
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37002D0266/00_000 Flanders 7,825 m² - -
37002C0221/00D000 Flanders 2,696 m² 1 · 200 m² 8.6 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 2,325 companies in sector 42110 we hold annual accounts for 1,096. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded09-09-1988
Fiscal year end31-12
Activities, NACEBEL 2025
42110Construction of roads and motorways
43120Site preparation
49410Freight transport by road
81300Landscape service activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0435147542
Also 9925:BE0435147542
Registered 31-03-2026

The company is no longer active; its Peppol card can remain until its access point withdraws it.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.