Summary
DEVOCO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €223,519 and a net result of €2,727. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 77% of 3001 sector peers (fiscal year 2025). The company has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Insurance agents and brokers
NACE 66220
#7 oldest company in Machelen, Finance and insurance sector2 sites
Size
€285,322total assets 2025
- Staff
- 1 FTE
- Equity
- €223,519
- Profit
- €2,727
Turnover not published (abridged schema)
Financial health
Financial institution: outside the modelProbability: sector outside the model
Structure
Accounts filed 61 d late
SignalsFiled after the deadlineShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Bankruptcy probability, 12 months
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 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
61 d late
2024
60 d late
2023
383 d late
2022
on the day
2021
36 d early
2020
3 d early
2019
30 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 62 days after the deadline; the sector median for financial year 2024 is 5 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. Usually files around 29 September (4 of the last 5 filed years within 96 days of that day).
Companies Code · seven monthsPosition in the running window
06-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Financials · fiscal year 2025, micro schema
In the rankings
#7 oldest company in Machelen, Finance and insurance sector
Equity
€223,519▲ 1.2%
2024 · €220,792
Net result
€2,727▼ 5.0%
2024 · €2,870
Total assets
€285,322▼ 7.1%
2024 · €307,274
Solvency
78.3%▲ 6.5pp
2024 · 71.9%
Trend over the years
2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years
The operating result falls in 2025; 2025 is 18% below 2024.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
Operating result€7,972
2025
Net result€2,727
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€285,322
2025
Equity€223,519
2025
Debt€61,803
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€121,578
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)1.0%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency78.3%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio4.76
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)1
2025
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€37,536-€17,378▼ 53.7%€6,932▼ 60.1%€13,357▲ 92.7%€20,710▲ 55.1%€5,905▼ 71.5%€9,776▲ 65.6%€7,972▼ 18.5%
Net result€27,625-€9,654▼ 65.1%€2,348below the sector's middle half▼ 75.7%€7,580within the sector's middle half▲ 223%€13,466within the sector's middle half▲ 77.7%€1,009below the sector's middle half▼ 92.5%€2,870below the sector's middle half▲ 184%€2,727below the sector's middle half▼ 5.0%
Equity€183,865-€193,519▲ 5.3%€195,868within the sector's middle half▲ 1.2%€203,447within the sector's middle half▲ 3.9%€216,913within the sector's middle half▲ 6.6%€217,922within the sector's middle half▲ 0.5%€220,792within the sector's middle half▲ 1.3%€223,519within the sector's middle half▲ 1.2%
Total assets€408,276-€399,668▼ 2.1%€391,123within the sector's middle half▼ 2.1%€382,330within the sector's middle half▼ 2.2%€324,747within the sector's middle half▼ 15.1%€318,973within the sector's middle half▼ 1.8%€307,274within the sector's middle half▼ 3.7%€285,322within the sector's middle half▼ 7.1%
Debt€224,411-€206,149▼ 8.1%€195,256▼ 5.3%€178,883▼ 8.4%€107,834▼ 39.7%€101,051▼ 6.3%€86,483▼ 14.4%€61,803▼ 28.5%
Working capital€105,488-€114,648▲ 8.7%€112,048within the sector's middle half▼ 2.3%€123,637within the sector's middle half▲ 10.3%€132,201within the sector's middle half▲ 6.9%€127,868within the sector's middle half▼ 3.3%€132,588within the sector's middle half▲ 3.7%€121,578within the sector's middle half▼ 8.3%
Solvency45.0%-48.4%▲ 3.4pp50.1%within the sector's middle half▲ 1.7pp53.2%within the sector's middle half▲ 3.1pp66.8%within the sector's middle half▲ 13.6pp68.3%within the sector's middle half▲ 1.5pp71.9%within the sector's middle half▲ 3.5pp78.3%above the sector's middle half▲ 6.5pp
Current ratio2.04-2.12▲ 0.092.01within the sector's middle half▼ 0.112.17within the sector's middle half▲ 0.153.89within the sector's middle half▲ 1.723.62within the sector's middle half▼ 0.274.39above the sector's middle half▲ 0.784.76above the sector's middle half▲ 0.36
Return on assets (ROA)6.8%-2.4%▼ 4.4pp0.6%below the sector's middle half▼ 1.8pp2.0%within the sector's middle half▲ 1.4pp4.1%within the sector's middle half▲ 2.2pp0.3%below the sector's middle half▼ 3.8pp0.9%below the sector's middle half▲ 0.6pp1.0%below the sector's middle half=
Staff (FTE)0.80.8below the sector's middle half=1▲ 25.0%1=1=1=1=
above
within
below
the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €285,322
Fixed assets
€131,406 ▼ 3.1%
Current assets
€153,916 ▼ 10.3%
Equity and liabilities €285,322
Equity
€223,519 ▲ 1.2%
Debt
€61,803 ▼ 28.5%
Debt's share of the balance-sheet total falls from 28.1% to 21.7%. Equity is higher and debt is lower.
Key figures and ratios
ROE
1.2%▼
2024 · 1.3%
Debt ≤ 1 year
€32,338▼
2024 · €39,057
Debt > 1 year
€29,465▼
2024 · €41,114
Income taxes
€2,172▼
2024 · €2,346
Staff costs
€28,333▲
2024 · €27,709
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €21,029 | €25,247 | €26,961 | €27,709 | €28,333 | ▲ 2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,065 | €19,308 | €16,960 | €17,334 | €6,216 | €6,622 | €6,640 | €6,078 | ▼ 8.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €12,500 | €12,500 | €12,500 | €12,500 | = |
| Other operating charges640/8 | - | - | - | €1,644 | €1,734 | €8,019 | €5,713 | €2,421 | ▼ 57.6% |
| Gross operating margin9900 | €58,338 | €58,487 | €50,297 | €53,364 | €66,407 | €60,007 | €62,338 | €57,303 | ▼ 8.1% |
| Operating profit (loss)9901 | €37,536 | €17,378 | €6,932 | €13,357 | €20,710 | €5,905 | €9,776 | €7,972 | ▼ 18.5% |
| Financial income75/76B | - | - | - | €1 | - | €38 | €92 | €89 | ▼ 3.5% |
| Recurring financial income75 | €9 | €1 | €0 | €1 | - | €38 | €92 | €89 | ▼ 3.5% |
| Financial charges65/66B | - | - | - | €1,681 | €2,307 | €3,094 | €4,653 | €3,161 | ▼ 32.1% |
| Recurring financial charges65 | €3,832 | €2,587 | €2,066 | €1,681 | €2,307 | €3,094 | €4,653 | €3,161 | ▼ 32.1% |
| Profit (loss) for the period before taxes9903 | €33,713 | €14,733 | €4,866 | €11,677 | €18,403 | €2,848 | €5,216 | €4,899 | ▼ 6.1% |
| Income taxes67/77 | €6,088 | €5,079 | €2,518 | €4,097 | €4,937 | €1,839 | €2,346 | €2,172 | ▼ 7.4% |
| Profit (loss) for the period9904 | €27,625 | €9,654 | €2,348 | €7,580 | €13,466 | €1,009 | €2,870 | €2,727 | ▼ 5.0% |
| Profit (loss) for the period to be appropriated9905 | €27,625 | €9,654 | €2,348 | €7,580 | €13,466 | €1,009 | €2,870 | €2,727 | ▼ 5.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €408,276 | €399,668 | €391,123 | €382,330 | €324,747 | €318,973 | €307,274 | €285,322 | ▼ 7.1% |
| Fixed assets21/28 | €201,037 | €182,887 | €168,626 | €152,956 | €146,740 | €142,268 | €135,629 | €131,406 | ▼ 3.1% |
| Tangible fixed assets22/27 | €200,978 | €182,887 | €168,626 | €152,956 | €146,740 | €142,268 | €135,629 | €131,406 | ▼ 3.1% |
| Land and buildings22 | - | - | - | €149,200 | €144,100 | €139,000 | €133,900 | €128,800 | ▼ 3.8% |
| Plant, machinery and equipment23 | - | - | - | - | - | €880 | €661 | €443 | ▼ 33.0% |
| Furniture and vehicles24 | - | - | - | €3,756 | €2,640 | €2,389 | €1,067 | €2,163 | ▲ 103% |
| Financial fixed assets28 | €59 | - | - | - | - | - | - | - | - |
| Current assets29/58 | €207,239 | €216,781 | €222,497 | €229,374 | €178,007 | €176,705 | €171,646 | €153,916 | ▼ 10.3% |
| Amounts receivable within one year40/41 | €6,829 | €12,295 | €18,129 | €17,972 | €123,710 | €116,580 | €100,587 | €89,055 | ▼ 11.5% |
| Trade receivables40 | - | - | - | €16,945 | €123,647 | €113,408 | €94,734 | €83,519 | ▼ 11.8% |
| Other amounts receivable41 | - | - | - | €1,027 | €63 | €3,172 | €5,853 | €5,536 | ▼ 5.4% |
| Current investments50/53 | - | €10,000 | €11,000 | €11,000 | €11,000 | €11,000 | €11,000 | €12,000 | ▲ 9.1% |
| Cash at bank and in hand54/58 | €198,053 | €192,687 | €191,126 | €197,783 | €41,482 | €39,560 | €52,449 | €48,404 | ▼ 7.7% |
| Deferred charges and accrued income490/1 | - | - | - | €2,619 | €1,816 | €9,564 | €7,609 | €4,457 | ▼ 41.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €408,276 | €399,668 | €391,123 | €382,330 | €324,747 | €318,973 | €307,274 | €285,322 | ▼ 7.1% |
| Equity10/15 | €183,865 | €193,519 | €195,868 | €203,447 | €216,913 | €217,922 | €220,792 | €223,519 | ▲ 1.2% |
| Contributions10/11 | €8,676 | €8,676 | - | €8,676 | €8,676 | €8,676 | €8,676 | €8,676 | = |
| Reserves13 | €5,859 | €5,859 | €5,859 | €5,859 | €5,859 | €5,859 | €5,859 | €5,859 | = |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Tax-exempt reserves132 | - | - | - | €4,000 | €4,000 | €4,000 | €4,000 | €4,000 | = |
| Profit (loss) carried forward14 | €169,330 | €178,984 | €181,332 | €188,912 | €202,377 | €203,386 | €206,256 | €208,983 | ▲ 1.3% |
| Amounts payable17/49 | €224,411 | €206,149 | €195,256 | €178,883 | €107,834 | €101,051 | €86,483 | €61,803 | ▼ 28.5% |
| Amounts payable after more than one year17 | €122,660 | €104,016 | €84,806 | €73,146 | €62,028 | €52,214 | €41,114 | €29,465 | ▼ 28.3% |
| Financial debts170/4 | - | - | - | €73,146 | €62,028 | €52,214 | €41,114 | €29,465 | ▼ 28.3% |
| Amounts payable within one year42/48 | €101,751 | €102,133 | €110,449 | €105,737 | €45,806 | €48,837 | €39,057 | €32,338 | ▼ 17.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €13,332 | €12,819 | €10,570 | €12,805 | €11,649 | ▼ 9.0% |
| Financial debts43 | - | - | - | - | - | €1,702 | - | - | - |
| Credit institutions430/8 | - | - | - | - | - | €1,702 | - | - | - |
| Trade debts44 | €65,412 | €70,954 | €68,768 | €83,436 | €2,429 | €12,068 | €6,613 | €1,458 | ▼ 78.0% |
| Suppliers440/4 | - | - | - | €83,436 | €2,429 | €12,068 | €6,613 | €1,458 | ▼ 78.0% |
| Taxes, remuneration and social security45 | - | - | - | €4,605 | €6,204 | €4,104 | €4,242 | €10,430 | ▲ 146% |
| Taxes450/3 | - | - | - | €629 | - | - | - | - | - |
| Remuneration and social security454/9 | - | - | - | €3,976 | €6,204 | €4,104 | €4,242 | €10,430 | ▲ 146% |
| Other amounts payable47/48 | - | - | - | €4,364 | €24,354 | €20,393 | €15,397 | €8,801 | ▼ 42.8% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €6,311 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,625 | €9,654 | €2,348 | €7,580 | €13,466 | €1,009 | €2,870 | €2,727 | ▼ 5.0% |
| + Depreciation and write-downs630 | €19,065 | €19,308 | €16,960 | €17,334 | €6,216 | €6,622 | €6,640 | €6,078 | ▼ 8.5% |
| Operating cash flow (approximation) | €46,690 | €28,963 | €19,308 | €24,914 | €19,682 | €7,631 | €9,509 | €8,805 | ▼ 7.4% |
| Investment in fixed assets (approximation) | - | -€1,159 | -€2,699 | -€1,664 | €0 | -€2,150 | €0 | -€1,855 | - |
| Change in cash | - | -€5,366 | -€1,561 | €6,657 | -€156,301 | -€1,921 | €12,889 | -€4,046 | ▼ 131% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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Of 4,685 companies in this sector we hold annual accounts for 3,258. 2,824 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Directors
Directors
No directors read from the Gazette yet. See the function holders in the CBE →
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 61 days late
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
18-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 383 days late
2023
31-12
Financial
Weakest financial yearnet €1,009 ▼92.5%
Net result drops to €1,009, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200,000Eq €203,447 ▲3.9%
4 profitable years in a row build equity to €203,447.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Register details
Identification
Legal formPrivate limited company
Founded23-04-1998
Fiscal year end31-12
Activities, NACEBEL 2025
66220Insurance agents and brokers
Contact
E-mail
laurent@devocobvba.be
Phone
02/7215483
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 5 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Machelen (Brab.) · 2 establishment units since 1998
Ground area
2,849 m²
Building footprint
206 m²
Volume, LiDAR
2,567 m³
2 parcels, Flanders · tallest building 19.5 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
Groenstraat 33, 1831 Machelen (Brab.)
since 1998unit no. 2.087.021.316
zaken- en verzekeringsbureau van diegem
since 2010unit no. 2.183.097.143
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23015C0174/00H000 | Flanders | 2,432 m² | 1 · 112 m² | 19.5 m · 6 fl. |
| 23015B0013/00N008 | Flanders | 417 m² | 1 · 94 m² | 7.4 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.