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Devarco

Active Private limited companyfounded 1969active for 57 yearsMolenhei 20, 2480 DesselKBO/BCE: BE 0406.852.444 #4 oldest company in Dessel

Lifetime

20 annual accounts with figures on one time axis, 49 filings since 1977
peak €1.0m (2025)
€1.0m▲ 324%
lowest -€176,971 (2021)
€668,880▲ 308%
peak €960,675 (2025)
€960,675▲ 210%
€428,396▼ 20.4%
peak 0 FTE (2023)
-not published
Board1 name since 1998
1 director
Documentsfilings and deeds
24-08-202624 days late
2025abbreviated format
Gross margin from €241,716 to €1.0mResult from €163,988 to €668,880Dividend €17,993Equity from €309,789 to €960,675Debts from €538,213 to €428,396Investments €325,562

Key points

from the 2025 annual accounts

Equity

€960,675 ▲ 210%
309,7892024+668,880Profit-17,993Dividend960,6752025

Devarco paid out €17,993 in dividends. That is 3% of the 2025 profit.

Result

€668,880 ▲ 308%
€164,0002024€669,0002025

The result rose in 2025 from €163,988 to €668,880.

Investments

€325,562 4.5 × depreciation
2021202220242025

Green is investment, beige is depreciation. Machinery stands 474.1% higher than in 2024.

Liquidity

2.00 was 0.70 in 2024

Short-term debts fell from €365,206 to €271,926.

Filings

49 annual accounts since 1977
AprilJune31 JulyOctober1980199520102025

Two of the last ten came late. The 2024 accounts came latest: 29 days after the end of the period.

Position in the sector

€668,880

Higher net result than 92% of companies in crop and animal production. Sector median €66,565 · 2,045 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 20,135 companies had the same profile as Devarco has now. Each dot stands for 51 companies, two years later.

95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,762 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 2.9% 3.1%
10 5.6% 6.1%

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 20,135 companies, not a prediction for Devarco. 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.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 08-05-1998
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0406852444
Environmental permit granted Nieuwbouw of aanleggen, Slopen of verwijderen, Verwijderen van vrijstaande gebouwen · Dessel
Change of role: , from manager to director “Het fokken en het vetmesten voor eigen rekening als voor rekening van derden of door derden, van dieren zoals…” (deed in Dutch) · Director discharge: (manager) · General meeting of 13-01-2023 · Gazette deed
First establishment Molenhei 20, Dessel
All 60 events

Comparable companies

same main activity, similar in size and age
Company
Devarco Dessel €1.4m €1.0m 69.2% -
A. DAEMS - BLOCKX VARKENSMESTERIJ Retie €1.2m €0.7m 79.3% -
Keustermans Maaseik €2.5m €0.4m 24.7% -
Taveirne Waasten Comines-Warneton €1.7m €1.4m 27.9% 3.6
JAN KOOREMANS Baarle-Hertog €0.9m €0.4m 88.3% -
Novar Arendonk €2.4m €0.6m 55.4% 0
FONTEYNE EN CIE Torhout €1.9m €1.1m 12.7% 15.8

These companies have the same main activity as Devarco: pig breeding farms (NACE 01461). They are comparable in size and age: total assets between €946,000 and €2.5m, founded between 1978 and 1990.

Official details

Source: KBO
Status
Active since 27-08-1969Normal situation
Activity
Pig breeding farmsNACE 01461
Establishment unit
2.003.791.4552480 Dessel, since 01-06-1970
Financial year end
31 December
Peppol
Reachable since 30-01-2025
Company details

Annual accounts 2025

≈ €1.8mestimated
€1.4m▲ 63.8%
≈ 0 FTEestimated
Filing
Filed on 24-08-2026
Financials

Insights on Devarco

Devarco files the abbreviated format. That format states no turnover. The gross margin rose from €105,009 in 2006 to €1.0m in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Devarco

What is the company number of Devarco?
The company number of Devarco is 0406.852.444. The VAT number is the same number with BE in front: BE 0406.852.444.
Where is Devarco based?
The registered office is at Molenhei 20, 2480 Dessel.Company details
What does Devarco do?
According to the KBO register, the main activity is pig breeding farms (NACE 01461).
What is the legal form of Devarco?
Devarco is a private limited company (BV).
When was Devarco founded?
Devarco was founded on 27-08-1969.
Is Devarco still active?
Yes, Devarco is an active enterprise in the KBO register.
What is the turnover of Devarco?
The turnover in financial year 2025 is ≈ €1.8m. This figure is estimated from the gross margin of €1.0m and 1,564 comparable companies of the same size. It probably lies between €1.2m and €2.9m. It is a rough estimate.Financials
Is Devarco profitable?
In financial year 2025, Devarco made a profit of €668,880.
Where can I find the annual accounts of Devarco?
Devarco filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Devarco due?
Devarco must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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