DEVLEESCHOUWER
ActiveSummary
DEVLEESCHOUWER has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.2m and a net result of €772,726. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 90% of 4926 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability88▲+5
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €350,000 at 30 days acceptable
Liquidity ample (current ratio 6.64 against 5.81 in 2024; short-term debt: 14.9% and cash: 8.6% of total assets), and 14.9% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
85.1%
Return on assets
15.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €4.2m
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 filingsDeviation from the deadline
2025
26 d late
2024
29 d late
2023
54 d early
2022
59 d early
2021
62 d early
2020
46 d early
2019
51 d early
← 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 31 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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 monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€772,726▲ 60.3%
2024 · €481,916
Working capital
€4.2m▲ 24.0%
2024 · €3.3m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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€1.1m▼ 20.4%€1.2m▲ 3.3%€1.1m▼ 4.2%€688,260▼ 39.0%€1.1m▲ 56.2%
Net result€788,215above the sector's middle half▼ 21.0%€793,802above the sector's middle half▲ 0.7%€765,629above the sector's middle half▼ 3.5%€481,916above the sector's middle half▼ 37.1%€772,726above the sector's middle half▲ 60.3%
Equity€2.8mabove the sector's middle half▲ 1.4%€2.8mabove the sector's middle half▼ 0.1%€2.9mabove the sector's middle half▲ 4.9%€3.4mabove the sector's middle half▲ 16.4%€4.2mwithin the sector's middle half▲ 22.6%
Total assets€3.9mabove the sector's middle half▲ 22.4%€3.7mabove the sector's middle half▼ 7.0%€3.6mabove the sector's middle half▼ 2.4%€4.1mabove the sector's middle half▲ 15.1%€4.9mwithin the sector's middle half▲ 19.7%
Debt€1.1m▲ 151%€864,347▼ 24.1%€637,902▼ 26.2%€696,073▲ 9.1%€736,574▲ 5.8%
Working capital€2.7m▲ 0.2%€2.7m=€2.8m▲ 4.6%€3.3m▲ 18.1%€4.2m▲ 24.0%
Solvency71.1%above the sector's middle half▼ 14.8pp76.4%above the sector's middle half▲ 5.3pp82.2%above the sector's middle half▲ 5.8pp83.1%above the sector's middle half▲ 0.9pp85.1%above the sector's middle half▲ 2.0pp
Staff (FTE)13above the sector's middle half▲ 7.4%12.8above the sector's middle half▼ 1.5%12.5above the sector's middle half▼ 2.3%11.6above the sector's middle half▼ 7.2%11.4within the sector's middle half▼ 1.7%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2025 Net result +60% on 2024. The accounts now follow the full schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 56% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.9m
Fixed assets
€42,619 ▼ 43.5%
Current assets
€4.9m ▲ 20.9%
Equity and liabilities €4.9m
Equity
€4.2m ▲ 22.6%
Provisions
€73 ▼ 73.1%
Debt
€736,574 ▲ 5.8%
Debt's share of the balance-sheet total falls from 16.9% to 14.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.1m▲
2024 · €721,043
Cash flow
€805,508▲
2024 · €514,698
Current ratio
6.64▲
2024 · 5.81
Quick ratio
6.48▲
2024 · 5.63
Debt to equity
0.18▼
2024 · 0.20
ROE
18.4%▲
2024 · 14.1%
ROA
15.7%▲
2024 · 11.7%
Interest coverage
12.49▲
2024 · 9.52
Debt ≤ 1 year
€736,574▲
2024 · €696,073
Income taxes
€263,950▲
2024 · €170,623
Staff costs
€888,057▼
2024 · €896,896
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,082 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €4,000 | €282 | €2,997 | €5,000 | - | - |
| Remuneration, social security and pensions62 | €816,249 | €868,939 | €878,274 | €896,896 | €888,057 | ▼ 1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30,553 | €42,853 | €40,106 | €32,782 | €32,782 | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €11,980 | - | €14,613 | - | - | - |
| Other operating charges640/8 | €8,392 | €6,860 | €11,420 | €5,683 | €5,851 | ▲ 2.9% |
| Gross operating margin9900 | €2.0m | €2.1m | €2.1m | €1.6m | €2.0m | ▲ 23.3% |
| Operating profit (loss)9901 | €1.1m | €1.2m | €1.1m | €688,260 | €1.1m | ▲ 56.2% |
| Financial income75/76B | €15,602 | €18,488 | €17,597 | €39,602 | €49,868 | ▲ 25.9% |
| Recurring financial income75 | €15,602 | €18,488 | €17,597 | €39,602 | €49,868 | ▲ 25.9% |
| Financial charges65/66B | €97,081 | €121,998 | €111,656 | €75,732 | €88,736 | ▲ 17.2% |
| Recurring financial charges65 | €97,081 | €121,998 | €111,656 | €75,732 | €88,736 | ▲ 17.2% |
| Profit (loss) for the period before taxes9903 | €1.1m | €1.1m | €1.0m | €652,131 | €1.0m | ▲ 58.9% |
| Transfer from deferred taxes780 | €1,132 | €1,205 | €1,024 | €408 | €200 | ▼ 51.0% |
| Transfer to deferred taxes680 | €1,000 | - | - | - | - | - |
| Income taxes67/77 | €269,111 | €280,453 | €268,876 | €170,623 | €263,950 | ▲ 54.7% |
| Profit (loss) for the period9904 | €788,215 | €793,802 | €765,629 | €481,916 | €772,726 | ▲ 60.3% |
| Transfer from tax-exempt reserves789 | €3,165 | €3,385 | €2,889 | €1,194 | €600 | ▼ 49.8% |
| Transfer to tax-exempt reserves689 | €3,000 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €788,380 | €797,187 | €768,518 | €483,110 | €773,326 | ▲ 60.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.9m | €3.7m | €3.6m | €4.1m | €4.9m | ▲ 19.7% |
| Fixed assets21/28 | €97,664 | €96,061 | €108,183 | €75,401 | €42,619 | ▼ 43.5% |
| Tangible fixed assets22/27 | €97,624 | €96,061 | €108,183 | €75,401 | €42,619 | ▼ 43.5% |
| Plant, machinery and equipment23 | €42,959 | €64,646 | €47,358 | €30,071 | €12,783 | ▼ 57.5% |
| Furniture and vehicles24 | €54,665 | €31,415 | €60,825 | €45,330 | €29,836 | ▼ 34.2% |
| Financial fixed assets28 | €40 | - | - | - | - | - |
| Current assets29/58 | €3.8m | €3.6m | €3.5m | €4.0m | €4.9m | ▲ 20.9% |
| Stocks and contracts in progress3 | €95,276 | €48,081 | €104,281 | €123,021 | €115,122 | ▼ 6.4% |
| Stocks30/36 | €95,276 | €48,081 | €104,281 | €123,021 | €115,122 | ▼ 6.4% |
| Amounts receivable within one year40/41 | €2.9m | €3.4m | €3.0m | €3.4m | €4.3m | ▲ 26.9% |
| Trade receivables40 | €956,511 | €1.2m | €1.1m | €949,843 | €1.1m | ▲ 19.7% |
| Other amounts receivable41 | €2.0m | €2.2m | €1.9m | €2.4m | €3.2m | ▲ 29.7% |
| Current investments50/53 | €551,164 | €1,596 | €1,598 | €1,604 | - | - |
| Cash at bank and in hand54/58 | €269,749 | €131,716 | €360,321 | €525,694 | €422,135 | ▼ 19.7% |
| Deferred charges and accrued income490/1 | €4,560 | €9,594 | €5,394 | €4,425 | €51,216 | ▲ 1,057% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.9m | €3.7m | €3.6m | €4.1m | €4.9m | ▲ 19.7% |
| Equity10/15 | €2.8m | €2.8m | €2.9m | €3.4m | €4.2m | ▲ 22.6% |
| Contributions10/11 | €185,445 | €185,445 | €185,445 | €185,445 | €185,445 | = |
| Capital10 | €185,445 | €185,445 | €185,445 | €185,445 | €185,445 | = |
| Issued capital100 | €185,445 | €185,445 | €185,445 | €185,445 | €185,445 | = |
| Reserves13 | €2.6m | €2.6m | €2.8m | €3.2m | €4.0m | ▲ 23.9% |
| Non-distributable reserves130/1 | €18,545 | €18,545 | €18,545 | €18,545 | €18,545 | = |
| Legal reserve130 | €18,545 | €18,545 | €18,545 | €18,545 | €18,545 | = |
| Tax-exempt reserves132 | €8,288 | €4,903 | €2,015 | €820 | €220 | ▼ 73.1% |
| Distributable reserves133 | €2.6m | €2.6m | €2.7m | €3.2m | €4.0m | ▲ 24.0% |
| Provisions and deferred taxes16 | €2,910 | €1,705 | €681 | €273 | €73 | ▼ 73.1% |
| Deferred taxes168 | €2,910 | €1,705 | €681 | €273 | €73 | ▼ 73.1% |
| Amounts payable17/49 | €1.1m | €864,347 | €637,902 | €696,073 | €736,574 | ▲ 5.8% |
| Amounts payable within one year42/48 | €1.1m | €864,347 | €637,902 | €696,073 | €736,574 | ▲ 5.8% |
| Trade debts44 | €279,313 | €404,709 | €448,897 | €591,215 | €590,899 | ▼ 0.1% |
| Suppliers440/4 | €279,313 | €404,709 | €448,897 | €591,215 | €590,899 | ▼ 0.1% |
| Taxes, remuneration and social security45 | €109,097 | €159,338 | €189,005 | €104,858 | €145,675 | ▲ 38.9% |
| Taxes450/3 | €28,302 | €31,602 | €47,363 | €10,504 | €13,948 | ▲ 32.8% |
| Remuneration and social security454/9 | €80,795 | €127,736 | €141,642 | €94,354 | €131,727 | ▲ 39.6% |
| Other amounts payable47/48 | €750,024 | €300,300 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €788,215 | €793,802 | €765,629 | €481,916 | €772,726 | ▲ 60.3% |
| + Depreciation and write-downs630 | €30,553 | €42,853 | €40,106 | €32,782 | €32,782 | = |
| Operating cash flow (approximation) | €818,768 | €836,655 | €805,735 | €514,698 | €805,508 | ▲ 56.5% |
| Investment in fixed assets (approximation) | - | -€41,250 | -€52,228 | €0 | €0 | - |
| Change in cash | - | -€138,034 | €228,606 | €165,373 | -€103,559 | ▼ 163% |
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
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 26 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €997,622 ▲24.8%
Operating result €1.4m, net result €997,622, both a record.
31-12
Financial
Liquidity triplescurrent ratio 6.96
Current ratio from 2.73 to 6.96; short-term debt falls from €1.7m to €453,625.
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 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
11 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, Tielt · 1 establishment unit since 2002
Ground area
2.7 ha
Building footprint
1.0 ha
Volume, LiDAR
15,541 m³
2 parcels, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Hoveniersstraat 37, 2860 Sint-Katelijne-Waver
since 20022.131.510.761
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12422D0859/00A000 | Flanders | 1.7 ha | 1 · 7,679 m² | - |
| 37007F0486/00T000 | Flanders | 9,484 m² | 1 · 2,483 m² | 9.6 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.
Structure & network
Owners and holdings
1 owner · 1 holdingChain of control
- VANMARCKE ROGER & ZONEN
- DEVLEESCHOUWER
Highest known parent: VANMARCKE ROGER & ZONEN. The sources do not say who stands above it.
Owners 1
-
99.92%
Holdings 1
-
0.01%
According to the 2021 annual accounts of DEVLEESCHOUWER and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 1,894 EUR awarded · 1,894 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,196 EUR | 1,325 EUR |
| 2024 | 1 | 518 EUR | 389 EUR |
| 2022 | 1 | 180 EUR | 180 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Katelijne-Waver2.131.510.761
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Of 958 companies in sector 46319 we hold annual accounts for 610. 277 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded01-12-1977
Fiscal year end31-12
Abbreviation NL
DVL
Activities, NACEBEL 2025
46319Wholesale of fruit and vegetables, excluding potatoes
49410Freight transport by road
49420Removal services
77110Renting and leasing of cars and light motor vehicles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0417962211
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.