DEVOCO
Annual accounts 2025
full format, filed on 27-07-2026, 4 days before the deadlineThe 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 31-12-2025in 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.
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 | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
1.5m | 1.4m | 1.4m | 6.2m | 5.5m | 5.0m | 5.7m | 5.4m | 5.0m | 4.6m | 3.5m | 1.5m | 1.4m | 1.4m | 1.2m | 1.1m | 1.1m | |
21/28 |
1.1m | 1.2m | 1.2m | 1.2m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.2m | 1.2m | 902,615 | 902,615 | 902,615 | 902,615 | 902,615 | 902,615 | |
22/27 |
1.1m | 1.2m | 1.2m | 1.2m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.2m | 1.2m | 902,615 | 902,615 | 902,615 | 902,615 | 902,615 | 902,615 | |
22 |
1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.2m | 1.2m | 902,615 | 902,615 | 902,615 | 902,615 | 902,615 | 902,615 | |
23 |
54,910 | 83,559 | 112,208 | 140,857 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
369,587 | 246,045 | 196,931 | 5.0m | 4.4m | 3.9m | 4.6m | 4.3m | 3.9m | 3.4m | 2.3m | 621,602 | 518,365 | 468,086 | 300,313 | 238,623 | 176,113 | |
40/41 |
68,924 | 11,295 | 12,753 | 2.9m | 2.9m | 2.9m | 3.9m | 3.1m | 2.0m | 521 | 1.8m | 616,544 | 512,983 | 462,596 | 292,236 | 210,266 | 1,373 | |
40 |
3,924 | 3,276 | 4,733 | 4,290 | - | 0 | 14,540 | - | - | - | - | - | - | - | - | - | - | |
41 |
65,000 | 8,020 | 8,020 | 2.9m | 2.9m | 2.9m | 3.9m | 3.1m | 2.0m | 521 | 1.8m | 616,544 | 512,983 | 462,596 | 292,236 | 210,266 | 1,373 | |
50/53 |
265,000 | 210,000 | 165,000 | 1.3m | - | - | - | - | - | - | - | - | - | - | - | - | - | |
54/58 |
23,918 | 17,519 | 5,044 | 793,561 | 1.5m | 1.0m | 577,369 | 1.2m | 1.8m | 3.4m | 471,555 | 5,058 | 5,382 | 5,490 | 8,077 | 7,106 | 174,740 | |
490/1 |
11,745 | 7,231 | 14,134 | 55,204 | 93,079 | 8,231 | 42,685 | - | 93 | 800 | - | - | - | - | - | 21,250 | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
1.5m | 1.4m | 1.4m | 6.2m | 5.5m | 5.0m | 5.7m | 5.4m | 5.0m | 4.6m | 3.5m | 1.5m | 1.4m | 1.4m | 1.2m | 1.1m | 1.1m | |
10/15 |
962,836 | 942,407 | 910,012 | 1.3m | 5.5m | 5.0m | 4.5m | 4.0m | 3.6m | 3.0m | 2.2m | 1.5m | 1.4m | 1.3m | 1.2m | 1.1m | 1.1m | |
10/11 |
506,743 | 506,743 | 506,743 | 506,743 | 506,743 | 506,743 | 506,743 | 506,743 | 506,743 | 506,743 | 506,743 | 396,630 | 396,630 | 396,630 | 396,630 | 396,630 | 396,630 | |
10 |
506,743 | 506,743 | 506,743 | 506,743 | 506,743 | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
506,743 | 506,743 | 506,743 | 506,743 | 506,743 | 506,743 | 506,743 | 506,743 | 506,743 | 506,743 | 506,743 | 396,630 | 396,630 | 396,630 | 396,630 | 396,630 | 396,630 | |
13 |
456,094 | 435,664 | 403,269 | 774,221 | 5.0m | 4.5m | 4.0m | 3.5m | 3.1m | 2.5m | 1.7m | 1.1m | 1.0m | 942,272 | 805,580 | 743,755 | 681,463 | |
130/1 |
50,674 | 50,674 | 50,674 | 50,674 | 50,674 | 50,674 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
50,674 | 50,674 | 50,674 | 50,674 | 50,674 | 50,674 | 50,674 | 50,674 | 50,674 | 50,674 | 50,674 | 39,663 | 39,663 | 39,663 | 39,663 | 39,663 | 39,663 | |
132 |
- | - | - | - | - | - | - | 1,446 | 1,446 | 1,446 | 1,446 | - | - | - | - | - | - | |
133 |
405,419 | 384,990 | 352,595 | 723,547 | 4.9m | 4.4m | 3.9m | 3.4m | 3.0m | 2.5m | 1.7m | 1.1m | 977,326 | 902,609 | 765,917 | 704,092 | 641,800 | |
14 |
0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
542,423 | 472,256 | 488,483 | 4.9m | 2,549 | 728 | 1.2m | 1.4m | 1.4m | 1.5m | 1.3m | 9,483 | 7,361 | 31,800 | 719 | 853 | 635 | |
42/48 |
540,948 | 472,050 | 417,964 | 4.9m | 2,549 | 728 | 407,043 | 631,078 | 626,735 | 741,310 | 453,615 | 9,483 | 5,561 | - | 719 | - | 635 | |
43 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 635 | |
439 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 635 | |
44 |
3,915 | 12,049 | 16,155 | 146,851 | 2,138 | 454 | 4,064 | - | - | - | 600 | - | - | - | - | - | - | |
440/4 |
3,915 | 12,049 | 16,155 | 146,851 | 2,138 | 454 | 4,064 | - | - | - | 600 | - | - | - | - | - | - | |
45 |
37,033 | 10,000 | 1,809 | 167 | 411 | 274 | 1,999 | 230,098 | 225,755 | 340,330 | 52,035 | 9,483 | 5,561 | - | 719 | - | - | |
450/3 |
37,033 | 10,000 | 1,809 | 167 | 411 | 274 | 1,999 | 230,098 | 225,755 | 340,330 | 52,035 | 9,483 | 5,561 | - | 719 | - | - | |
47/48 |
500,000 | 450,000 | 400,000 | 4.8m | - | 0 | 400,980 | 400,980 | 400,980 | 400,980 | 400,980 | - | - | - | - | - | - | |
492/3 |
1,475 | 206 | 70,518 | 2,000 | - | 0 | 801,960 | 801,960 | 801,974 | 802,080 | 801,960 | - | 1,800 | 31,800 | - | 853 | - | |
| Income statement | ||||||||||||||||||
70/76A |
- | - | - | - | - | - | - | 635,446 | 857,622 | 1.2m | 510,980 | - | - | - | - | - | - | |
9900 |
792,423 | 737,159 | 683,603 | 680,623 | 652,302 | 653,045 | 599,348 | - | - | - | - | 111,247 | 70,452 | 69,950 | 49,309 | 63,482 | 83,759 | |
60/66A |
- | - | - | - | - | - | - | 75,946 | 76,452 | 47,354 | 25,508 | - | - | - | - | - | - | |
61 |
- | - | - | - | - | - | - | 2,096 | 3,029 | 20,382 | 6,441 | - | - | - | - | - | - | |
630 |
32,946 | 32,946 | 36,755 | 13,969 | 11,725 | 11,779 | 12,220 | 15,722 | 16,066 | 25,504 | 17,775 | - | - | - | - | - | 46,564 | |
640/8 |
73,014 | 70,793 | 68,061 | 62,396 | 60,941 | 64,441 | 73,300 | 58,128 | 57,357 | 1,468 | 1,292 | 1,082 | 558 | 1,172 | 1,057 | 1,127 | 1,051 | |
9901 |
686,464 | 633,421 | 578,786 | 604,258 | 579,637 | 576,825 | 513,827 | 559,500 | 781,170 | 1.2m | 485,472 | 110,165 | 69,894 | 68,778 | 48,253 | 62,355 | 36,144 | |
75/76B |
9,022 | 9,778 | 17,300 | 100,173 | 99,850 | 106,396 | 121,694 | 91,351 | 66,410 | 5,037 | 43,448 | 19,445 | 19,477 | 26,482 | 16,317 | 5,384 | 94,171 | |
75 |
9,022 | 9,778 | 17,300 | 100,173 | 99,850 | 106,396 | 121,694 | 91,351 | 66,410 | 5,037 | 43,448 | 19,445 | 19,477 | 26,482 | 16,317 | 5,384 | 94,171 | |
751 |
- | - | - | - | - | - | - | 988 | 1,287 | 5,037 | - | - | - | - | - | - | - | |
752/9 |
- | - | - | - | - | - | - | 90,362 | 65,123 | - | 43,448 | - | - | - | - | - | - | |
65/66B |
1,494 | 6 | 24,023 | 2,102 | 998 | 1 | 0 | 136 | 0 | 120 | 9 | 11 | 92 | 11 | 22 | 22 | 754 | |
65 |
1,494 | 6 | 24,023 | 2,102 | 998 | 1 | 0 | 136 | 0 | 120 | 9 | 11 | 92 | 11 | 22 | 22 | 754 | |
652/9 |
- | - | - | - | - | - | - | 136 | 0 | 120 | 9 | - | - | - | - | - | - | |
9903 |
693,991 | 643,193 | 572,064 | 702,329 | 678,489 | 683,220 | 635,521 | 650,715 | 847,580 | 1.2m | 528,911 | 129,599 | 89,280 | 95,249 | 64,547 | 67,718 | 129,560 | |
67/77 |
173,562 | 160,798 | 143,016 | 175,030 | 169,152 | 169,773 | 163,308 | 219,491 | 281,644 | 391,086 | 162,025 | 28,483 | 14,562 | 15,576 | 2,723 | 5,425 | 4,842 | |
670/3 |
- | - | - | - | - | - | - | 219,491 | 285,948 | 391,086 | 162,035 | - | - | - | - | - | - | |
77 |
- | - | - | - | - | - | - | - | 4,304 | - | 10 | - | - | - | - | - | - | |
9904 |
520,430 | 482,395 | 429,048 | 527,299 | 509,337 | 513,448 | 472,213 | 431,224 | 565,936 | 784,640 | 366,886 | 101,116 | 74,718 | 79,673 | 61,824 | 62,292 | 124,718 | |
789 |
- | - | - | - | - | 0 | 1,446 | - | - | - | - | - | - | - | - | - | - | |
9905 |
520,430 | 482,395 | 429,048 | 527,299 | 509,337 | 513,448 | 473,660 | 431,224 | 565,936 | 784,640 | 366,886 | 101,116 | 74,718 | 79,673 | 61,824 | 62,292 | 124,718 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
520,430 | 482,395 | 429,048 | 527,299 | 509,337 | 513,448 | 473,660 | 431,224 | 565,936 | 784,640 | 366,886 | 101,116 | 74,718 | 79,673 | 61,824 | 62,292 | 124,718 | |
791/2 |
- | 0 | 400,000 | 4.8m | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
20,430 | 32,395 | 29,048 | 527,299 | 509,337 | 513,448 | 473,660 | 431,224 | 565,936 | 784,640 | 366,886 | 101,116 | 74,718 | 79,673 | 61,824 | 62,292 | 124,718 | |
6920 |
- | - | - | - | - | - | - | - | - | - | 4,378 | - | - | - | - | - | - | |
6921 |
20,430 | 32,395 | 29,048 | 527,299 | 509,337 | 513,448 | 473,660 | 431,224 | 565,936 | 784,640 | 362,507 | 101,116 | 74,718 | 79,673 | 61,824 | 62,292 | 124,718 | |
694/7 |
500,000 | 450,000 | 800,000 | 4.8m | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
500,000 | 450,000 | 800,000 | 4.8m | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||
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.
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 | |
| 31-12-2024 | abbreviated format | 23-07-2025 | 2025-00311957 | |
| 31-12-2023 | abbreviated format | 06-06-2024 | 2024-00118918 | |
| 31-12-2022 | abbreviated format | 27-07-2023 | 2023-00288544 | |
| 31-12-2021 | abbreviated format | 18-07-2022 | 2022-20226426 | |
| 31-12-2020 | abbreviated format | 28-07-2021 | 2021-41500048 | |
| 31-12-2019 | abbreviated format | 31-07-2020 | 2020-37300242 | |
| 31-12-2018 | full format | 29-08-2019 | 2019-56500355 | |
| 31-12-2017 | full format | 18-06-2018 | 2018-19400123 | |
| 31-12-2016 | full format | 19-06-2017 | 2017-19200545 | |
| 30-06-2015 | full format | 07-12-2015 | 2015-68400129 | |
| 30-06-2014 | abbreviated format | 08-12-2014 | 2014-68600224 | |
| 30-06-2013 | abbreviated format | 09-12-2013 | 2013-68100144 | |
| 30-06-2012 | abbreviated format | 03-12-2012 | 2012-65600115 | |
| 30-06-2010 | abbreviated format | 06-12-2010 | 2010-62400439 | |
| 30-06-2009 | abbreviated format | 09-12-2009 | 2009-88000282 | |
| 30-06-2008 | abbreviated format | 15-12-2008 | 2008-84900247 | |
| 30-06-2007 | abbreviated format | 06-12-2007 | 2007-81600175 | |
| 30-06-2006 | abbreviated format | 08-12-2006 | 2006-90400769 | |
| 30-06-2005 | abbreviated format | 07-12-2005 | 2005-88700247 | |
| 30-06-2004 | abbreviated format | 07-12-2004 | 2004-83804510 | |
| 30-06-2003 | abbreviated format | 17-12-2003 | 2003-84000953 | |
| 30-06-2002 | abbreviated format | 09-12-2002 | 2002-75700272 | |
| 30-06-2001 | abbreviated format | 14-12-2001 | 2001-76002252 | |
| 30-06-2000 | abbreviated format | 14-12-2000 | 2000-76000693 | |
| 30-06-1999 | abbreviated format | 15-12-1999 | 1999-63304409 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 719,410 | 666,366 | 615,542 | 618,227 | 591,361 | 588,604 | 526,047 | 575,222 | 797,236 | 1.2m | 503,247 | - | - | - | - | - | 82,708 | ||
| 553,375 | 515,340 | 465,803 | 541,268 | 521,062 | 525,227 | 484,433 | 446,945 | 582,002 | 810,144 | 384,661 | - | - | - | - | - | 171,282 | ||
| 0 | 0 | 11,393 | 143,244 | 0 | 0 | 0 | 0 | -0 | 0 | 305,825 | - | - | - | - | - | 500,564 | ||
| 6,399 | 12,475 | -788,518 | -671,923 | 438,035 | 450,080 | -620,961 | -648,337 | -1.5m | 2.9m | 466,497 | -323 | -108 | - | 971 | -167,634 | - | ||
| -171,361 | -226,005 | -221,033 | 56,038 | 4.4m | 3.9m | 4.2m | 3.7m | 3.2m | 2.6m | 1.8m | 612,120 | 512,804 | - | 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% | ||
| 0.68 | 0.52 | 0.47 | 1.01 | - | - | 11.22 | 6.83 | 6.15 | 4.57 | 5.05 | 65.55 | 93.22 | - | - | - | - | ||
| 0.56 | 0.50 | 0.54 | 3.82 | 0.00 | 0.00 | 0.27 | 0.36 | 0.40 | 0.51 | 0.56 | 0.01 | 0.01 | 0.02 | 0.00 | 0.00 | 0.00 | ||
| 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 100 | over 100 | 25.62 | over 100 | over 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| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| 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.