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DEVOCO

Active Public limited companyfounded 1997active for 28 yearsGentse Baan 62, 9100 Sint-NiklaasKBO/BCE: BE 0462.131.853 subsidiary of J.-INVEST

Annual accounts 2025

full format, filed on 27-07-2026, 4 days before the deadline
€792,423
▲ 7.5%
€686,464
▲ 8.4%
€520,430
▲ 7.9%
-€171,361
▲ €54,644
64.0%
▼ 2.7 percentage points
0.68
▲ 0.16

The turnover shown is an estimate from the gross margin.

Turnover ≈ €880,000. Estimated: probably between €830,000 and €1.1m.

Balance sheet

balance sheet total €1.5m on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

64.0%

Higher than 70% of 5,803 companies in 2025.

0.68

Higher than 32% of 5,554 companies in 2025.

34.6%

Higher than 95% of 5,777 companies in 2025.

DEVOCO Middle half of the sector 80% of the sector Full accounts in real estate (NACE 68)

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

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201020092008
Balance sheet: assets
20/58 1.5m1.4m1.4m6.2m5.5m5.0m5.7m5.4m5.0m4.6m3.5m1.5m1.4m1.4m1.2m1.1m1.1m
21/28 1.1m1.2m1.2m1.2m1.1m1.1m1.1m1.1m1.1m1.2m1.2m902,615902,615902,615902,615902,615902,615
22/27 1.1m1.2m1.2m1.2m1.1m1.1m1.1m1.1m1.1m1.2m1.2m902,615902,615902,615902,615902,615902,615
22 1.1m1.1m1.1m1.1m1.1m1.1m1.1m1.1m1.1m1.2m1.2m902,615902,615902,615902,615902,615902,615
23 54,91083,559112,208140,857-------------
29/58 369,587246,045196,9315.0m4.4m3.9m4.6m4.3m3.9m3.4m2.3m621,602518,365468,086300,313238,623176,113
40/41 68,92411,29512,7532.9m2.9m2.9m3.9m3.1m2.0m5211.8m616,544512,983462,596292,236210,2661,373
40 3,9243,2764,7334,290-014,540----------
41 65,0008,0208,0202.9m2.9m2.9m3.9m3.1m2.0m5211.8m616,544512,983462,596292,236210,2661,373
50/53 265,000210,000165,0001.3m-------------
54/58 23,91817,5195,044793,5611.5m1.0m577,3691.2m1.8m3.4m471,5555,0585,3825,4908,0777,106174,740
490/1 11,7457,23114,13455,20493,0798,23142,685-93800-----21,250-
Balance sheet: equity and liabilities
10/49 1.5m1.4m1.4m6.2m5.5m5.0m5.7m5.4m5.0m4.6m3.5m1.5m1.4m1.4m1.2m1.1m1.1m
10/15 962,836942,407910,0121.3m5.5m5.0m4.5m4.0m3.6m3.0m2.2m1.5m1.4m1.3m1.2m1.1m1.1m
10/11 506,743506,743506,743506,743506,743506,743506,743506,743506,743506,743506,743396,630396,630396,630396,630396,630396,630
10 506,743506,743506,743506,743506,743------------
100 506,743506,743506,743506,743506,743506,743506,743506,743506,743506,743506,743396,630396,630396,630396,630396,630396,630
13 456,094435,664403,269774,2215.0m4.5m4.0m3.5m3.1m2.5m1.7m1.1m1.0m942,272805,580743,755681,463
130/1 50,67450,67450,67450,67450,67450,674-----------
130 50,67450,67450,67450,67450,67450,67450,67450,67450,67450,67450,67439,66339,66339,66339,66339,66339,663
132 -------1,4461,4461,4461,446------
133 405,419384,990352,595723,5474.9m4.4m3.9m3.4m3.0m2.5m1.7m1.1m977,326902,609765,917704,092641,800
14 0000-------------
17/49 542,423472,256488,4834.9m2,5497281.2m1.4m1.4m1.5m1.3m9,4837,36131,800719853635
42/48 540,948472,050417,9644.9m2,549728407,043631,078626,735741,310453,6159,4835,561-719-635
43 ----------------635
439 ----------------635
44 3,91512,04916,155146,8512,1384544,064---600------
440/4 3,91512,04916,155146,8512,1384544,064---600------
45 37,03310,0001,8091674112741,999230,098225,755340,33052,0359,4835,561-719--
450/3 37,03310,0001,8091674112741,999230,098225,755340,33052,0359,4835,561-719--
47/48 500,000450,000400,0004.8m-0400,980400,980400,980400,980400,980------
492/3 1,47520670,5182,000-0801,960801,960801,974802,080801,960-1,80031,800-853-
Income statement
70/76A -------635,446857,6221.2m510,980------
9900 792,423737,159683,603680,623652,302653,045599,348----111,24770,45269,95049,30963,48283,759
60/66A -------75,94676,45247,35425,508------
61 -------2,0963,02920,3826,441------
630 32,94632,94636,75513,96911,72511,77912,22015,72216,06625,50417,775-----46,564
640/8 73,01470,79368,06162,39660,94164,44173,30058,12857,3571,4681,2921,0825581,1721,0571,1271,051
9901 686,464633,421578,786604,258579,637576,825513,827559,500781,1701.2m485,472110,16569,89468,77848,25362,35536,144
75/76B 9,0229,77817,300100,17399,850106,396121,69491,35166,4105,03743,44819,44519,47726,48216,3175,38494,171
75 9,0229,77817,300100,17399,850106,396121,69491,35166,4105,03743,44819,44519,47726,48216,3175,38494,171
751 -------9881,2875,037-------
752/9 -------90,36265,123-43,448------
65/66B 1,494624,0232,10299810136012091192112222754
65 1,494624,0232,10299810136012091192112222754
652/9 -------13601209------
9903 693,991643,193572,064702,329678,489683,220635,521650,715847,5801.2m528,911129,59989,28095,24964,54767,718129,560
67/77 173,562160,798143,016175,030169,152169,773163,308219,491281,644391,086162,02528,48314,56215,5762,7235,4254,842
670/3 -------219,491285,948391,086162,035------
77 --------4,304-10------
9904 520,430482,395429,048527,299509,337513,448472,213431,224565,936784,640366,886101,11674,71879,67361,82462,292124,718
789 -----01,446----------
9905 520,430482,395429,048527,299509,337513,448473,660431,224565,936784,640366,886101,11674,71879,67361,82462,292124,718
Appropriation of the result
9906 520,430482,395429,048527,299509,337513,448473,660431,224565,936784,640366,886101,11674,71879,67361,82462,292124,718
791/2 -0400,0004.8m-------------
691/2 20,43032,39529,048527,299509,337513,448473,660431,224565,936784,640366,886101,11674,71879,67361,82462,292124,718
6920 ----------4,378------
6921 20,43032,39529,048527,299509,337513,448473,660431,224565,936784,640362,507101,11674,71879,67361,82462,292124,718
694/7 500,000450,000800,0004.8m-------------
694 500,000450,000800,0004.8m-------------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 9 older financial years (1999-2007) were filed as documents without figures as data, scans for example.

The notes to these accounts have 4 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 27-07-2026.

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 full format 27-07-2026 2026-00344095 PDF
31-12-2024 abbreviated format 23-07-2025 2025-00311957 PDF
31-12-2023 abbreviated format 06-06-2024 2024-00118918 PDF
31-12-2022 abbreviated format 27-07-2023 2023-00288544 PDF
31-12-2021 abbreviated format 18-07-2022 2022-20226426 PDF
31-12-2020 abbreviated format 28-07-2021 2021-41500048 PDF
31-12-2019 abbreviated format 31-07-2020 2020-37300242 PDF
31-12-2018 full format 29-08-2019 2019-56500355 PDF
31-12-2017 full format 18-06-2018 2018-19400123 PDF
31-12-2016 full format 19-06-2017 2017-19200545 PDF
30-06-2015 full format 07-12-2015 2015-68400129 PDF
30-06-2014 abbreviated format 08-12-2014 2014-68600224 PDF
30-06-2013 abbreviated format 09-12-2013 2013-68100144 PDF
30-06-2012 abbreviated format 03-12-2012 2012-65600115 PDF
30-06-2010 abbreviated format 06-12-2010 2010-62400439 PDF
30-06-2009 abbreviated format 09-12-2009 2009-88000282 PDF
30-06-2008 abbreviated format 15-12-2008 2008-84900247 PDF
30-06-2007 abbreviated format 06-12-2007 2007-81600175 PDF
30-06-2006 abbreviated format 08-12-2006 2006-90400769 PDF
30-06-2005 abbreviated format 07-12-2005 2005-88700247 PDF
30-06-2004 abbreviated format 07-12-2004 2004-83804510 PDF
30-06-2003 abbreviated format 17-12-2003 2003-84000953 PDF
30-06-2002 abbreviated format 09-12-2002 2002-75700272 PDF
30-06-2001 abbreviated format 14-12-2001 2001-76002252 PDF
30-06-2000 abbreviated format 14-12-2000 2000-76000693 PDF
30-06-1999 abbreviated format 15-12-1999 1999-63304409 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201020092008
719,410666,366615,542618,227591,361588,604526,047575,222797,2361.2m503,247-----82,708
553,375515,340465,803541,268521,062525,227484,433446,945582,002810,144384,661-----171,282
0011,393143,2440000-00305,825-----500,564
6,39912,475-788,518-671,923438,035450,080-620,961-648,337-1.5m2.9m466,497-323-108-971-167,634-
-171,361-226,005-221,03356,0384.4m3.9m4.2m3.7m3.2m2.6m1.8m612,120512,804-299,594-175,478
64.0%66.6%65.1%20.7%100.0%100.0%78.8%73.7%71.5%66.1%63.9%99.4%99.5%97.7%99.9%99.9%99.9%
0.680.520.471.01--11.226.836.154.575.0565.5593.22----
0.560.500.543.820.000.000.270.360.400.510.560.010.010.020.000.000.00
54.1%51.2%47.1%41.2%9.3%10.3%10.5%10.8%15.8%26.1%16.5%6.7%5.3%6.0%5.1%5.5%11.6%
34.6%34.1%30.7%8.5%9.3%10.3%8.3%7.9%11.3%17.2%10.5%6.6%5.3%5.8%5.1%5.5%11.6%
over 100over 10025.62over 100over 100------------
----------34 days------

EBIT margin: not included in this filing.

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.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets--€11,393€143,244-
€32,946€32,946€36,755€13,969€11,725

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

Insights on DEVOCO

The operating result for 2025 is 8% higher than in 2024 and the highest since 2017. It is the second rise in a row, after the fall in 2023.

Debt's share of the balance-sheet total rises from 33.4% to 36.0%. Equity and debt are higher.

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