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Devlieghere

Active Private limited companyfounded 1995active for 31 yearsLepemolenstraat 10, 8210 ZedelgemKBO/BCE: BE 0455.776.175
Devlieghere
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Overview

Lifetime

20 annual accounts with figures on one time axis, 30 filings since 1996
peak €318,712 (2009)
-€3,069▼ €12,441
lowest -€50,531 (2024)
-€54▲ €50,477
peak €1.1m (2019)
€993,397unchanged
€62,761▲ 24.5%
peak 2 FTE (2009)
-not published
Board2 names since 1995
2 directorsDevlieghere Johan and 1 other
Documentsfilings and deeds
08-07-202623 days before the deadline
2025micro format
Gross margin from €9,373 to -€3,069Loss of €54Debts from €50,413 to €62,761

Key points

from the 2025 annual accounts

Losses

-€71,362 in three years
-20,7782023-50,5312024-542025

Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.

Filings

30 annual accounts since 1996
AprilJune31 JulyOctober200020102020

Two of the last ten came late. The 2022 accounts came latest: 65 days after the end of the period.

Position in the sector

€993,397

More equity than 95% of companies in advertising and market research. Sector median €58,793 · 8,621 companies.

Turnover not published (micro format)

Checked score

95
Excellent
Financially stronger than 61% of micro companies in advertising and market research (NACE 73)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 11,228 companies (NACE 73, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: 0.1%▲ +0.1 percentage points vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026highest value 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

100=equity 94.1% of total assets
100=short-term debt 5.7% · cash 85.0%
19+6return on assets 0.0%

Score breakdown

raises risk
1 change of registered office in 24 months
lowers risk
Liquidity: current ratio 17.35, cash €898,260
Equity €993,397 (94.1% of total assets)
Size: total assets €1.1m
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, micro). It does better than 87% of them on solvency, 97% on liquidity, 19% on profitability and 42% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 8,617 companies had the same profile as Devlieghere has now. Each dot stands for 22 companies, two years later.

94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Devlieghere itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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 3.0% 3.1%
10 5.6% 6.2%

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 8,617 companies, not a prediction for Devlieghere. 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

Credit of up to €90,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 17.35 (21.12 in 2024), above the usual 1.5. Short-term debt is 5.7% and cash 85% of total assets. 5.9% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 17.35, cash €898,260
NBB · annual accounts
lowers risk · Equity €993,397 (94.1% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €1.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€54
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 days early
2024
on the day
2023
8 days early
2022
65 days late
2021
29 days late
2020
32 days early
2019
18 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 2 days after the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DJ
Devlieghere Johan
Director, since 14-08-1995
WH
Walcarius Hilde
Director, since 01-07-2012
Board & ownership

Recent changes

Registered office moved within Zedelgem New registered office: Lepemolenstraat 10, 8210 Zedelgem · Previous registered office: Kloosterstraat 47-8210 Zedelgem · Board meeting of 08-12-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0455776175
Company renamed from Devlieghere Packaging,Advertising & Promotion to Devlieghere Resignations: Devlieghere Johan (director) and Walcarius Hilde (director) · Reappointments: Devlieghere Johan (director) and Walcarius Hilde (director) · General meeting of 25-09-2023 · Gazette deed
First establishment DEVLIEGHERE PACKAGING, Lepemolenstraat 10, Zedelgem
All 39 events

Comparable companies

same main activity, similar in size and age
Company
Devlieghere Zedelgem €1.1m -€3,069 94.1% -
dot plus Ghent €1.1m -€27,539 79.9% -
WIDE THE VALUE FACTORY Ixelles €1.0m -€4,364 7.9% -
DESK SERVICES Lanaken €1.3m -€5,745 90.9% -
MEDIA-PACT Zulte €0.9m -€96,522 76.0% -
MOJOMAN SOUNDSYSTEM Ghent €0.9m -€22,077 88.6% -
CREATIVE DEVELOPMENT ORGANISATION Ixelles €1.4m -€4,919 96.2% -

These companies have the same main activity as Devlieghere: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €888,000 and €1.4m, founded between 1989 and 2001.

Official details

Source: KBO
Status
Active since 31-07-1995Normal situation
Activity
Advertising agenciesNACE 73110
Establishment unit
2.072.759.2478210 Zedelgem, since 23-08-1995
Financial year end
31 December
Peppol
Reachable since 23-09-2025
Company details

Annual accounts 2025

-€3,069
€54▼ 99.9%
€993,397=
€1.1m▲ 1.2%
Filing
Filed on 08-07-2026, 23 days before the end of the filing period
Financials

Insights on Devlieghere

Devlieghere files the micro format. That format states no turnover. The gross margin fell from €206,584 in 2006 to -€3,069 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 08-07-2026, 23 days before the deadline
-€3,069
▼ €12,441
-€26,711
▲ €20,884
-€54
▲ €50,477
€978,913
▲ 2.0%
94.1%
▼ 1.1 percentage points
17.35
▼ 3.78

Turnover and EBIT margin are not published. The micro format does not require them.

Balance sheet

balance sheet total €1.1m on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

94.1%

Higher than 93% of 8,614 companies in 2025.

17.35

Higher than 95% of 8,290 companies in 2025.

0.0%

Higher than 25% of 8,399 companies in 2025.

Devlieghere Middle half of the sector 80% of the sector Micro accounts in advertising and market research (NACE 73)

Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 1.1m1.0m1.1m1.1m1.1m1.1m1.2m1.2m1.2m1.2m1.2m1.2m1.2m1.1m1.0m966,242897,465809,647883,094917,156
21/28 17,36036,38342,28355,55868,026114,386170,109245,753280,867331,525305,782333,512386,271457,676479,287531,684478,950452,694496,028483,787
22/27 17,36036,38342,28355,55868,026114,386170,109245,753280,867331,525305,782333,512386,271457,676479,287531,684478,950452,694496,028483,412
22 14,74522,11629,48836,85944,75183,928120,664158,882197,100235,318273,536311,753349,971388,189426,406454,692370,152395,692419,776412,450
23 02,5175,0497,58110,43120,29531,07949,19132,96930,84411,4501,0231,7506,57212,62920,14027,74315,31223,54920,035
24 2,61511,7507,74611,11812,84310,16318,36637,68150,79965,36320,79620,73634,55062,91640,25156,85281,05541,68952,70350,927
28 -------------------375
29/58 1.0m1.0m1.1m1.1m1.0m977,6111.0m962,645927,520878,248890,673851,953805,349621,826523,416434,559418,515356,953387,066433,369
29 ------------------84,28484,284
291 ------------------84,28484,284
40/41 28,6896,62033,13419,90836,07222,09452,97565,54143,36524,29531,72072,716148,00148,69664,57798,56493,67866,07191,02168,129
40 28,5426,62029,50316,27636,07217,15338,80649,29340,21720,37129,03167,329145,14447,06643,58582,40875,15317,90445,89945,988
41 14703,6323,63204,94114,16916,2473,1483,9242,6895,3872,8571,63020,99116,15618,52548,16745,12222,141
50/53 110,217109,934108,420108,420107,749507,976488,489731,427603,953391,245837,896638,703618,386560,262445,532327,830316,470281,739174,42980,986
54/58 898,260889,986920,282926,654899,085447,096470,513165,079278,035459,50015,534135,48535,14310,18911,2196,4756,5655,60234,170194,251
490/1 1,633940084004451985982,1673,2085,5235,0493,8192,6792,0901,6901,8023,5413,1635,719
Balance sheet: equity and liabilities
10/49 1.1m1.0m1.1m1.1m1.1m1.1m1.2m1.2m1.2m1.2m1.2m1.2m1.2m1.1m1.0m966,242897,465809,647883,094917,156
10/15 993,397993,4501.0m1.1m1.1m1.1m1.1m1.1m1.1m1.1m1.0m976,613897,533829,651759,471710,249631,138533,973440,663415,320
10/11 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
100 ------18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
13 974,797974,8501.0m1.0m1.0m1.0m1.1m1.1m1.1m1.1m1.0m958,013878,933811,051740,871691,649612,538515,373422,063396,720
130/1 1,8601,8601,8601,8601,8601,860--------------
130 ------1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
1311 1,8601,8601,8601,8601,8601,860--------------
132 ----027,08337,50037,50037,50037,50037,50037,50037,50037,50037,50037,50037,50037,50037,50037,500
133 972,937972,9901.0m1.0m1.0m1.0m1.1m1.1m1.1m1.0m978,574918,653839,573771,691701,511652,289573,178476,013382,703357,360
14 ----0---------------
17/49 62,76150,41360,13946,62152,14439,48457,77188,28291,280115,769159,921208,852294,087249,851243,232255,994266,327275,674442,431501,836
17 -------------6,41214,90823,40431,90040,39648,89257,388
170/4 -------------6,41214,90823,40431,90040,39648,89257,388
42/48 59,88547,69858,14845,66751,64538,76155,65186,19989,238111,683154,155200,832285,908235,373226,912225,163227,349227,032382,363429,770
42 ------------6,4128,4968,4968,4968,4968,4968,4968,496
44 11,20211,64116,4763,69512,24214,05115,44528,80615,91225,90227,44128,93582,15629,67651,52851,57365,99472,213163,960231,315
440/4 11,20211,64116,4763,69512,24214,05115,44528,80615,91225,86026,16528,93582,15629,67651,52851,57365,99472,213163,960231,315
441 ---------431,276---------
45 8,5834109,62910,71923,73615,84514,39421,60234,65034,58346,52863,68338,37238,68227,16326,35822,03318,4819,79413,331
450/3 8,5834102,5084,88311,4454,0661,9403,09614,67513,54428,32743,32417,48715,7687,2027,0493,4713,0061,9444,484
454/9 -07,1215,83612,29111,77912,45418,50619,97521,03818,20120,35920,88522,91419,96219,30918,56215,4757,8508,846
47/48 40,10035,64832,04231,25215,6688,86525,81235,79138,67651,19880,187108,215158,968158,518139,725138,736130,826127,843200,113176,628
492/3 2,8762,7141,9919554997232,1202,0832,0424,0855,7658,0208,1798,0661,4127,4267,0788,24611,17614,679
Income statement
76A --011,265-----20,000--------3,501-
9900 -3,0699,37343,84959,143114,684128,579140,917176,409186,710220,844240,695242,828276,454286,558237,225292,012318,712278,518164,189206,584
62 040,39344,98639,20944,96445,86457,01365,03677,56465,10573,28670,05879,66082,25475,66371,70668,42553,07331,76837,644
630 19,36512,47414,95415,09352,79167,83676,96083,37468,99373,15757,10853,51876,36079,52875,51185,08587,29075,58471,04457,991
631/4 -----03,606-------------
640/8 4,1454,0213,8853,7383,9433,8533,74710,4243,6724,5924,6233,8853,8604,8954,2624,2446,3963,4923,7453,452
66A 13381---232484---11060160396---50105255
9901 -26,711-47,595-19,9751,10312,98610,795-89317,57536,48177,990105,677115,368116,574119,88081,789130,977156,601146,36857,632107,496
75/76B 30,0701,8072,2587,5782,3531,1551,4621,3903,1219,3629,7338,9817,7378,2895,5051,2113,4538,3797,40410,471
75 30,0701,8072,2587,5782,3531,1551,4621,3903,1219,3629,7338,9817,7378,2895,5051,2113,4538,3797,40410,471
65/66B 3,0223,0342,2861,3847861,263-7,07612,1233,6475,2556,7969,56710,18711,60211,51511,53613,20714,10816,20317,727
65 3,0223,0342,2861,3847861,263-7,07612,1233,6475,2556,7969,56710,18711,60211,51511,53613,20714,10816,20317,727
9903 337-48,822-20,0037,29614,55310,6877,6466,84135,95682,096108,504114,721113,964116,17175,779120,651146,846140,58952,23099,986
67/77 3911,7097751,3248,2793,6073,2503,83112,85424,62648,58335,64123,75723,66614,23229,21537,35634,95414,56226,196
9904 -54-50,531-20,7785,9726,2747,0804,3963,01023,10257,47159,92179,08090,20792,50561,54791,436109,490105,63537,66873,790
789 ---027,08310,417--------------
9905 -54-50,531-20,7785,97233,35617,4984,3963,01023,10257,47159,92179,08090,20792,50561,54791,436109,490105,63537,66873,790
Appropriation of the result
9906 -54-50,531-20,7785,97233,35617,4984,3963,01023,10257,47159,92179,08090,20792,50561,54791,436109,490105,63537,66873,790
14P ---0----------------
791/2 5450,53120,778-079,080--------------
691/2 --05,97233,35617,4984,3963,01023,10257,47159,92179,08067,88270,18049,22279,11197,16593,31025,34373,790
6921 --05,97233,35617,4984,3963,01023,10257,47159,92179,08067,88270,18049,22279,11197,16593,31025,34373,790
694/7 ----079,080------22,32522,32512,32512,32512,32512,32512,325-
694 ----079,080------2,3252,3252,3252,3252,3252,3252,325-
695 ------------20,00020,00010,00010,00010,00010,00010,000-
Social balance sheet
9087 -0.11111.1-1.51.81.81.81.8222221.811
Hours worked1013 -1,3321,6921,4691,3341,647-2,5192,8452,5542,7102,8813,0753,4283,4663,5123,4483,1281,7641,740
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 10 older financial years (1996-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 7 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 2025 at the NBB, filed on 08-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 08-07-2026 2026-00266533 PDF
31-12-2024 micro format 31-07-2025 2025-00337483 PDF
31-12-2023 micro format 23-07-2024 2024-00272405 PDF
31-12-2022 micro format 04-10-2023 2023-00469990 PDF
31-12-2021 micro format 29-08-2022 2022-20331053 PDF
31-12-2020 micro format 29-06-2021 2021-27400594 PDF
31-12-2019 micro format 13-07-2020 2020-29400396 PDF
31-12-2018 micro format 10-07-2019 2019-31700457 PDF
31-12-2017 micro format 13-07-2018 2018-33400601 PDF
31-12-2016 micro format 27-06-2017 2017-23000245 PDF
31-12-2015 abbreviated format 28-06-2016 2016-24500290 PDF
31-12-2014 abbreviated format 13-07-2015 2015-31300242 PDF
31-12-2013 abbreviated format 07-07-2014 2014-27400118 PDF
31-12-2012 abbreviated format 08-05-2013 2013-11600346 PDF
31-12-2011 abbreviated format 27-07-2012 2012-35300386 PDF
31-12-2010 abbreviated format 28-07-2011 2011-35100031 PDF
31-12-2009 abbreviated format 13-07-2010 2010-30200384 PDF
31-12-2008 abbreviated format 13-07-2009 2009-41900088 PDF
31-12-2007 abbreviated format 28-08-2008 2008-68000031 PDF
31-12-2006 abbreviated format 28-08-2007 2007-64800036 PDF
31-12-2005 abbreviated format 04-08-2006 2006-61002673 PDF
31-12-2004 abbreviated format 16-08-2005 2005-64403728 PDF
31-12-2003 abbreviated format 28-07-2004 2004-53000708 PDF
31-12-2002 abbreviated format 03-10-2003 2003-72701885 PDF
31-12-2001 abbreviated format 04-10-2002 2002-63802441 PDF
31-12-2000 abbreviated format 17-10-2001 2001-64703345 PDF
31-12-1999 abbreviated format 05-07-2000 2000-37100580 PDF
31-12-1998 abbreviated format 24-08-1999 1999-42402680 PDF
31-12-1997 abbreviated format 18-08-1998 1998-41003704 PDF
31-12-1996 abbreviated format 18-12-1997 1997-57202663 PDF

Subsidies and aid

Flemish government 2022 to 2025, 3 entries, €4,648 awarded, €4,648 paid

Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
€3,679
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
€969
Year Entries AwardedPaid
2025 1 €3,679€3,679
2023 1 €713€713
2022 1 €256€256

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
-7,346-35,122-5,02116,19565,77778,63176,067100,949105,474151,147162,786168,885192,934199,408157,300216,062243,891221,952128,676165,488
19,311-38,057-5,82321,06459,06574,91681,35686,38492,096130,628117,029132,597166,567172,033137,058176,521196,781181,219108,711131,781
2,5926,5741,6792,6256,43112,3441,80048,26118,33698,90029,3787594,95558,31423,114137,819113,54632,25083,659385,903
8,274-30,297-6,37127,569451,989-23,418305,434-112,956-181,465443,966-119,951100,34224,954-1,0304,744-91963-28,568-160,081-
978,913959,7811.0m1.0m991,260938,850956,524876,446838,282766,565736,517651,121519,441386,453296,504209,396191,166129,9214,7033,599
94.1%95.2%94.6%95.8%95.3%96.4%95.1%92.7%92.4%90.4%86.6%82.4%75.3%76.9%75.7%73.5%70.3%66.0%49.9%45.3%
17.3521.1218.2623.1220.1925.2218.1911.1710.397.865.784.242.822.642.311.931.841.571.011.01
0.060.050.060.040.050.040.050.080.080.110.150.210.330.300.320.360.420.521.001.21
0.0%-5.1%-2.0%0.6%0.6%0.7%0.4%0.3%2.1%5.3%5.8%8.1%10.1%11.1%8.1%12.9%17.3%19.8%8.5%17.8%
0.0%-4.8%-1.9%0.5%0.6%0.6%0.4%0.2%1.9%4.8%5.0%6.7%7.6%8.6%6.1%9.5%12.2%13.0%4.3%8.0%
-2.43-11.58-2.2011.7083.70---------------

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.

Social balance sheet

Item31-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date-111
full-time-111
part-time-000
in full-time equivalents-111
0.1111
On a permanent contract-111
Joined0---
Left1---

Source: social balance sheet in the 2021 to 2024 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€2,592€6,574€1,679€2,625€6,431
€19,365€12,474€14,954€15,093€52,791

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on Devlieghere

The operating result for 2025 is a loss of €26,711, smaller than the loss of €47,595 in 2024.

Debt's share of the balance-sheet total rises from 4.8% to 5.9%. Debt is higher.

Board & ownership

Board

2 directors, last change in 2023
Devlieghere Johan
Director (not named in the articles)
since 14-08-1995 term without a fixed end
earlier director, until 27-09-2023
listed in the 2025 annual accounts, filed on 08-07-2026
Walcarius Hilde
Director (not named in the articles)
since 01-07-2012 term without a fixed end
earlier director, until 27-09-2023
listed in the 2025 annual accounts, filed on 08-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 13. Externe vertegenwoordiging van de vennootschap Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als…”
deed of 27-09-2023

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
Devlieghere Johan
Director (not named in the articles)
Walcarius Hilde
Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
  • Devlieghere Johan
    • Director (not named in the articles), from 14-08-1995 to date
    • Director, until 27-09-2023
  • Walcarius Hilde
    • Director (not named in the articles), from 01-07-2012 to date
    • Director, until 27-09-2023

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€18,600
Source
deed of 27-09-2023

Articles of association

deed of 27-09-2023 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Saturday of June at 18:00

Network & group

No group

Devlieghere has no parent and no holdings in its annual accounts. Devlieghere shares no director with another company.

Timeline

Timeline

39 events since 1995

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 23 days before the deadline
Registered office moved within ZedelgemNew registered office: Lepemolenstraat 10, 8210 Zedelgem · Previous registered office: Kloosterstraat 47-8210 Zedelgem · Board meeting of 08-12-20252 points ▸
  • Board meeting, 08-12-2025
  • Registered-office move, Lepemolenstraat 10, 8210 Zedelgem

Open the deed in the Belgian Official Gazette

2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0455776175
Annual accounts 2024 filed PDFmicro format · on the deadline day
2024
Weakest financial year net -€50,531 The net result drops to -€50,531, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2023 filed PDFmicro format · 8 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 65 days late
Company renamed from Devlieghere Packaging,Advertising & Promotion to DevlieghereResignations: Devlieghere Johan (director) and Walcarius Hilde (director) · Reappointments: Devlieghere Johan (director) and Walcarius Hilde (director) · General meeting of 25-09-20238 points ▸
  • General meeting, 25-09-2023
  • Name change, Devlieghere
  • 750 shares
  • Director resignation, Devlieghere Johan
  • Director resignation, Walcarius Hilde
  • Director reappointment, Devlieghere Johan (director (not named in the articles))
  • Director reappointment, Walcarius Hilde (director (not named in the articles))
  • Registered office clause, Kloosterstraat 47, 8210 Zedelgem
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

2022
Annual accounts 2021 filed PDFmicro format · 29 days late
2021
Annual accounts 2020 filed PDFmicro format · 32 days before the deadline
2020
Annual accounts 2019 filed PDFmicro format · 18 days before the deadline
2019
Annual accounts 2018 filed PDFmicro format · 21 days before the deadline
2018
Annual accounts 2017 filed PDFmicro format · 18 days before the deadline
2017
Annual accounts 2016 filed PDFmicro format · 34 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 33 days before the deadline
2015
Equity above €1m equity €1.0m ▲6.1% With a profit in every financial year since 2006, equity grows to €1.0m.
Annual accounts 2014 filed PDFabbreviated format · 18 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 24 days before the deadline
2013
Annual accounts 2012 filed PDFabbreviated format · 84 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 4 days before the deadline
2011
Annual accounts 2010 filed PDFabbreviated format · 3 days before the deadline
2010
Annual accounts 2009 filed PDFabbreviated format · 18 days before the deadline
2009
Highest result from 2006 to 2025 net €109,490 ▲3.6% The operating result of €156,601 and the net result of €109,490 are both a record.
Annual accounts 2008 filed PDFabbreviated format · 18 days before the deadline
2008
Equity above €500,000 equity €533,973 ▲21.2% With a profit in every financial year since 2006, equity grows to €533,973.
Annual accounts 2007 filed PDFabbreviated format · 28 days late
2007
Annual accounts 2006 filed PDFabbreviated format · 28 days late
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
Annual accounts 1998 filed PDFabbreviated format
1998
Annual accounts 1997 filed PDFabbreviated format
1997
Annual accounts 1996 filed PDFabbreviated format
1995
First establishment DEVLIEGHERE PACKAGING, Lepemolenstraat 10, Zedelgem
Incorporation published on 26-08-1995

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

Devlieghere was incorporated on 31 July 1995.1 The name was changed to Devlieghere in 2023.2 The registered office was moved to Zedelgem in 2026.3 Total assets fell from €1.2m in 2018 to €1.1m in 2025 and headcount from 1.5 full-time equivalents in 2018 to 0.1 in 2024.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 27-09-2023
  3. 3Belgian Official Gazette, 06-02-2026
  4. 4National Bank, annual accounts 2018, 2024 and 2025

Company details

Identity

Enterprise number
0455.776.175
VAT number
BE 0455.776.175
Peppol ID
0208:0455776175
Legal form
Private limited company
Status
Active, normal situation
Founded
31-07-1995
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Saturday of June at 18:00
deed of 27-09-2023 (in Dutch)
Peppol
Reachable since 23-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
Devlieghere in Dutch
Name in the Peppol Directory
DEVLIEGHERE PACKAGING, ADVERTISING en PROMOTION
Former name
Devlieghere Packaging,Advertising & Promotion until 25-09-2023 · deed of 27-09-2023
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 27-09-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 27-09-2023 (in Dutch)

Activities

NACEBEL 2025
73110 Advertising agencies main activity
Codes under NACEBEL 2008
73110 Advertising, market research and public relations activities main activity
Codes under NACEBEL 2003
74401 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Uitbating van een publiciteitsagentschap,werkplaats voor bedrukken,graveren en produceren van cadeauartikelen,uitvoeren van diverse…”
4 activities
  1. Uitbating van een publiciteitsagentschap,werkplaats voor bedrukken,graveren en produceren van cadeauartikelen,uitvoeren van diverse drukwerken,graveerwerk en in- en uitvoer,groot- en kleinhandel en alle aanverwante activiteiten.
  2. De creatie van alles wat nodig is om publicitair naar buiten te komen.
  3. Daarenboven mag de vennootschap,zowel in binnen- als buitenland,alle daden van industriële,financiële,roerende en onroerende aard stellen,alle handelsverrichtingen en over het algemeen alle ondernemingen tot stand brengen die rechtstreeks of onrechtstreeks verband houden met het maatschappelijk voorwerp,of zelfs daarbuiten en de verwezenlijking ervan bevorderen.
  4. Mogen deelnemen in andere vennootschappen en ondernemingen zowel in binnen- als buitenland.
deed of 27-09-2023 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
DEVLIEGHERE PACKAGING registered office Lepemolenstraat 10, 8210 Zedelgem 7311001 Advertising agencies 23-08-1995 2.072.759.247

Buildings and parcels at the address

Ground area
913 m²
Buildings
346 m²
Volume, LiDAR
1,621 m³
Tallest building
9.6 m
Buildings to scale, each on its own parcel
346 m², 9.6 m 346 m², 9.6 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
31036F0492/00D000913 m² 1 · 346 m² 9.6 m · 2

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