DEVOGEL
Dissolution or liquidationSummary
The KBO register records for DEVOGEL the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show equity of €318,636 and a net result of €42,723.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
34 d early
2022
53 d early
2021
31 d early
2020
8 d early
2019
16 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 29 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2024, micro schema
Equity
€318,636▲ 15.5%
2023 · €275,913
Total assets
€340,689▲ 9.8%
2023 · €310,170
Net result
€42,723▼ 16.2%
2023 · €50,980
Working capital
€318,586▲ 51.4%
2023 · €210,387
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€50,429▲ 189%€61,491▲ 21.9%€30,547▼ 50.3%€72,729▲ 138%€69,956▼ 3.8%
Net result€36,373▲ 213%€38,938▲ 7.1%€17,978▼ 53.8%€50,980▲ 184%€42,723▼ 16.2%
Equity€186,787▲ 22.6%€225,725▲ 20.8%€237,933▲ 5.4%€275,913▲ 16.0%€318,636▲ 15.5%
Total assets€306,100▲ 22.6%€372,761▲ 21.8%€256,287▼ 31.2%€310,170▲ 21.0%€340,689▲ 9.8%
Debt€119,313▲ 22.7%€147,036▲ 23.2%€18,354▼ 87.5%€34,257▲ 86.6%€22,053▼ 35.6%
Working capital€136,701▲ 31.8%€193,047▲ 41.2%€225,008▲ 16.6%€210,387▼ 6.5%€318,586▲ 51.4%
Staff (FTE)3▲ 3.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 4% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €340,689
Fixed assets
€50 ▼ 99.9%
Current assets
€340,639 ▲ 39.2%
Equity and liabilities €340,689
Equity
€318,636 ▲ 15.5%
Debt
€22,053 ▼ 35.6%
Debt's share of the balance-sheet total falls from 11.0% to 6.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€85,736▲
2023 · €79,503
Cash flow
€58,503▲
2023 · €57,754
Current ratio
15.45▲
2023 · 7.14
Debt to equity
0.07▼
2023 · 0.12
ROE
13.4%▼
2023 · 18.5%
ROA
12.5%▼
2023 · 16.4%
Interest coverage
349.94▲
2023 · 113.09
Debt ≤ 1 year
€22,053▼
2023 · €34,257
Income taxes
€18,427▼
2023 · €21,907
Staff costs
€71,220▼
2023 · €76,027
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €50,846 | €60,285 | €76,027 | €71,220 | ▼ 6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,884 | €24,631 | €23,558 | €6,774 | €15,780 | ▲ 133% |
| Other operating charges640/8 | - | €347 | €347 | €384 | €387 | ▲ 0.8% |
| Gross operating margin9900 | €115,982 | €137,315 | €114,737 | €155,914 | €157,343 | ▲ 0.9% |
| Operating profit (loss)9901 | €50,429 | €61,491 | €30,547 | €72,729 | €69,956 | ▼ 3.8% |
| Financial income75/76B | - | - | - | €861 | €1,193 | ▲ 38.6% |
| Recurring financial income75 | €77 | - | - | €861 | €1,193 | ▲ 38.6% |
| Financial charges65/66B | - | €4,755 | €3,625 | €703 | €9,999 | ▲ 1,322% |
| Recurring financial charges65 | €2,384 | €4,755 | €3,625 | €703 | €245 | ▼ 65.1% |
| Non-recurring financial charges66B | - | - | - | - | €9,754 | - |
| Profit (loss) for the period before taxes9903 | €48,122 | €56,736 | €26,922 | €72,887 | €61,150 | ▼ 16.1% |
| Income taxes67/77 | €11,749 | €17,798 | €8,944 | €21,907 | €18,427 | ▼ 15.9% |
| Profit (loss) for the period9904 | €36,373 | €38,938 | €17,978 | €50,980 | €42,723 | ▼ 16.2% |
| Transfer from tax-exempt reserves789 | - | €8,007 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €36,373 | €46,945 | €17,978 | €50,980 | €42,723 | ▼ 16.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €306,100 | €372,761 | €256,287 | €310,170 | €340,689 | ▲ 9.8% |
| Fixed assets21/28 | €54,857 | €32,678 | €12,925 | €65,526 | €50 | ▼ 99.9% |
| Tangible fixed assets22/27 | €54,807 | €32,628 | €12,875 | €65,476 | - | - |
| Plant, machinery and equipment23 | - | €4,586 | €6,269 | €4,779 | - | - |
| Furniture and vehicles24 | - | €28,042 | €6,606 | €60,697 | - | - |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €251,243 | €340,083 | €243,362 | €244,644 | €340,639 | ▲ 39.2% |
| Amounts receivable within one year40/41 | €24,345 | €15,444 | €13,982 | €13,017 | €17,363 | ▲ 33.4% |
| Trade receivables40 | - | €15,444 | €12,926 | €11,896 | €11,775 | ▼ 1.0% |
| Other amounts receivable41 | - | - | €1,056 | €1,121 | €5,588 | ▲ 398% |
| Cash at bank and in hand54/58 | €225,198 | €323,274 | €221,936 | €229,330 | €320,888 | ▲ 39.9% |
| Deferred charges and accrued income490/1 | - | €1,365 | €7,444 | €2,297 | €2,388 | ▲ 4.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €306,100 | €372,761 | €256,287 | €310,170 | €340,689 | ▲ 9.8% |
| Equity10/15 | €186,787 | €225,725 | €237,933 | €275,913 | €318,636 | ▲ 15.5% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Capital10 | - | €18,592 | - | - | - | - |
| Issued capital100 | - | €18,592 | - | - | - | - |
| Reserves13 | €124,045 | €182,545 | €194,545 | €231,546 | €274,246 | ▲ 18.4% |
| Non-distributable reserves130/1 | - | €1,859 | €259 | €259 | €259 | = |
| Legal reserve130 | - | €1,859 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €259 | €259 | €259 | = |
| Distributable reserves133 | - | €180,686 | €194,286 | €231,287 | €273,987 | ▲ 18.5% |
| Profit (loss) carried forward14 | €44,150 | €24,588 | €24,796 | €25,775 | €25,798 | ▲ 0.1% |
| Amounts payable17/49 | €119,313 | €147,036 | €18,354 | €34,257 | €22,053 | ▼ 35.6% |
| Amounts payable after more than one year17 | €4,771 | - | - | - | - | - |
| Amounts payable within one year42/48 | €114,542 | €147,036 | €18,354 | €34,257 | €22,053 | ▼ 35.6% |
| Current portion of amounts payable after more than one year42 | - | €4,771 | - | - | - | - |
| Trade debts44 | €5,863 | €4,779 | €1,049 | €285 | €233 | ▼ 18.2% |
| Suppliers440/4 | - | €4,779 | €1,049 | €285 | €233 | ▼ 18.2% |
| Taxes, remuneration and social security45 | - | €20,462 | €15,955 | €23,972 | €21,820 | ▼ 9.0% |
| Taxes450/3 | - | €14,949 | €9,345 | €16,877 | €18,838 | ▲ 11.6% |
| Remuneration and social security454/9 | - | €5,513 | €6,610 | €7,095 | €2,982 | ▼ 58.0% |
| Other amounts payable47/48 | - | €117,024 | €1,350 | €10,000 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36,373 | €38,938 | €17,978 | €50,980 | €42,723 | ▼ 16.2% |
| + Depreciation and write-downs630 | €23,884 | €24,631 | €23,558 | €6,774 | €15,780 | ▲ 133% |
| Operating cash flow (approximation) | €60,257 | €63,569 | €41,536 | €57,754 | €58,503 | ▲ 1.3% |
| Investment in fixed assets (approximation) | - | -€2,452 | -€3,805 | -€59,375 | €49,696 | ▲ 184% |
| Change in cash | - | €98,076 | -€101,338 | €7,394 | €91,558 | ▲ 1,138% |
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
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 15.45
Current ratio from 7.14 to 15.45; short-term debt falls from €34,257 to €22,053.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €50,980 ▲184%
Operating result €72,729, net result €50,980, both a record.
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 6current ratio 13.26
Current ratio from 2.31 to 13.26; short-term debt falls from €147,036 to €18,354.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200,000Eq €225,725 ▲20.8%
4 profitable years in a row build equity to €225,725.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €11,615 ▼59.3%
Net result drops to €11,615, the lowest in the series.
31-12
Financial
Equity above €150,000Eq €152,414 ▲8.2%
2 profitable years in a row build equity to €152,414.
Show earlier events
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
19-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Lennik · 1 establishment unit since 1995
Ground area
1,799 m²
Building footprint
317 m²
Volume, LiDAR
2,082 m³
2 parcels, Flanders · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DEVOGEL
since 19952.074.055.681
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23072B0106/00H002 | Flanders | 1,672 m² | 1 · 193 m² | 7.7 m · 2 fl. |
| 23027G0129/00H000 | Flanders | 127 m² | 1 · 125 m² | 12.7 m · 3 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Identification & contact
Identification
Legal formPrivate limited company
Founded17-11-1995
Fiscal year end31-12
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.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.