DEVOOGHT
ActiveSummary
DEVOOGHT has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.96M and a net result of €1.17M. Equity is growing by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 56% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▼-3
Solvency75▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €700k at 30 days acceptable
Liquidity tight (current ratio 1.28 against 1.42 in 2024; short-term debt: 36.1% and cash: 3.1% of total assets), and 50.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.7%
Return on assets
5.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
90 d late
2023
33 d early
2022
23 d late
2021
31 d early
2020
31 d early
2019
31 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€10.96M▲ 11.9%
2024 · €9.79M
2018: €6.58Mlowest in 8 years
2019: €7.51M▲ +14.0% vs 2018
2020: €8.07M▲ +7.5% vs 2019
2021: €9.61M▲ +19.1% vs 2020
2022: €8.24M▼ -14.3% vs 2021
2023: €10.03M▲ +21.8% vs 2022
2024: €9.79M▼ -2.4% vs 2023
2025: €10.96M▲ +11.9% vs 2024highest in 8 years
2018 → 2025
Total assets
€22.08M▲ 5.4%
2024 · €20.95M
2018: €9.15Mlowest in 8 years
2019: €9.51M▲ +3.9% vs 2018
2020: €10.56M▲ +11.0% vs 2019
2021: €11.41M▲ +8.1% vs 2020
2022: €12.65M▲ +10.9% vs 2021
2023: €20.14M▲ +59.2% vs 2022
2024: €20.95M▲ +4.0% vs 2023
2025: €22.08M▲ +5.4% vs 2024highest in 8 years
2018 → 2025
Net result
€1.17M▼ 22.4%
2024 · €1.51M
2018: €1.11M
2019: €925k▼ -16.7% vs 2018lowest in 8 years
2020: €1.27M▲ +36.9% vs 2019
2021: €1.55M▲ +22.1% vs 2020
2022: €1.65M▲ +7.0% vs 2021
2023: €1.79M▲ +8.4% vs 2022highest in 8 years
2024: €1.51M▼ -16.0% vs 2023
2025: €1.17M▼ -22.4% vs 2024
2018 → 2025
Working capital
€2.21M▼ 28.7%
2024 · €3.10M
2018: €4.69M
2019: €5.54M▲ +18.2% vs 2018
2020: €6.05M▲ +9.3% vs 2019
2021: €6.68M▲ +10.3% vs 2020highest in 8 years
2022: €5.14M▼ -23.1% vs 2021
2023: €4.15M▼ -19.1% vs 2022
2024: €3.10M▼ -25.4% vs 2023
2025: €2.21M▼ -28.7% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€9.61M-€8.24M▼ 14.3%€10.03M▲ 21.8%€9.79M▼ 2.4%€10.96M▲ 11.9%
2021: €9.61M
2022: €8.24M▼ -14.3% vs 2021lowest in 5 years
2023: €10.03M▲ +21.8% vs 2022
2024: €9.79M▼ -2.4% vs 2023
2025: €10.96M▲ +11.9% vs 2024highest in 5 years
Operating result€2.16M-€2.42M▲ 12.4%€2.50M▲ 3.1%€2.39M▼ 4.4%€1.70M▼ 28.8%
2021: €2.16M
2022: €2.42M▲ +12.4% vs 2021
2023: €2.50M▲ +3.1% vs 2022highest in 5 years
2024: €2.39M▼ -4.4% vs 2023
2025: €1.70M▼ -28.8% vs 2024lowest in 5 years
Net result€1.55M-€1.65M▲ 7.0%€1.79M▲ 8.4%€1.51M▼ 16.0%€1.17M▼ 22.4%
2021: €1.55M
2022: €1.65M▲ +7.0% vs 2021
2023: €1.79M▲ +8.4% vs 2022highest in 5 years
2024: €1.51M▼ -16.0% vs 2023
2025: €1.17M▼ -22.4% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 29% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €22.08M
Fixed assets
€11.90M ▲ 13.7%
Current assets
€10.18M ▼ 2.9%
Equity and liabilities €22.08M
Equity
€10.96M ▲ 11.9%
Debt
€11.12M ▼ 0.4%
Debt's share of the balance-sheet total falls from 53.2% to 50.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2.13M▼
2024 · €2.75M
Cash flow
€1.59M▼
2024 · €1.87M
Current ratio
1.28▼
2024 · 1.42
Quick ratio
0.54▼
2024 · 0.85
Debt to equity
1.01▼
2024 · 1.14
ROE
10.7%▼
2024 · 15.4%
ROA
5.3%▼
2024 · 7.2%
Interest coverage
8.32▼
2024 · 9.65
Debt ≤ 1 year
€7.97M▲
2024 · €7.39M
Debt > 1 year
€3.14M▼
2024 · €3.68M
Income taxes
€454k▼
2024 · €737k
Staff costs
€352k▲
2024 · €200k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 64 lines
Balance sheet
Code20242025
Assets
Total assets20/58€20.95M€22.08M▲
Fixed assets21/28€10.46M€11.90M▲
Intangible fixed assets21€10k€5k▼
Tangible fixed assets22/27€10.45M€11.88M▲
Land and buildings22€9.44M€10.86M▲
Plant, machinery and equipment23€26k€78k▲
Furniture and vehicles24€122k€139k▲
Other tangible fixed assets26€858k€806k▼
Financial fixed assets28€8k€8k=
Current assets29/58€10.49M€10.18M▼
Stocks and contracts in progress3€4.22M€5.87M▲
Stocks30/36€4.22M€5.87M▲
Amounts receivable within one year40/41€732k€945k▲
Trade receivables40€715k€746k▲
Other amounts receivable41€17k€199k▲
Current investments50/53€3.78M€2.66M▼
Cash at bank and in hand54/58€1.73M€683k▼
Deferred charges and accrued income490/1€27k€33k▲
Equity and liabilities
Total equity and liabilities10/49€20.95M€22.08M▲
Equity10/15€9.79M€10.96M▲
Contributions10/11€19k€19k=
Reserves13€9.78M€10.94M▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€1.01M€1.20M▲
Distributable reserves133€8.77M€9.75M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€11.16M€11.12M▼
Amounts payable after more than one year17€3.68M€3.14M▼
Financial debts170/4€3.68M€3.14M▼
Amounts payable within one year42/48€7.39M€7.97M▲
Current portion of amounts payable after more than one year42€539k€539k=
Trade debts44€0€318k▲
Suppliers440/4€0€318k▲
Taxes, remuneration and social security45€487k€358k▼
Taxes450/3€484k€308k▼
Remuneration and social security454/9€3k€50k▲
Other amounts payable47/48€6.36M€6.76M▲
Accrued charges and deferred income492/3€86k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€200k€352k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€363k€426k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k€0▼
Other operating charges640/8€61k€52k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€3.01M€2.53M▼
Operating profit (loss)9901€2.39M€1.70M▼
Financial income75/76B€141k€177k▲
Recurring financial income75€140k€177k▲
Non-recurring financial income76B€950€0▼
Financial charges65/66B€285k€256k▼
Recurring financial charges65€285k€256k▼
Profit (loss) for the period before taxes9903€2.24M€1.62M▼
Income taxes67/77€737k€454k▼
Profit (loss) for the period9904€1.51M€1.17M▼
Transfer from tax-exempt reserves789€421k€463k▲
Transfer to tax-exempt reserves689€0€653k▲
Profit (loss) for the period to be appropriated9905€1.93M€979k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.93M€979k▼
Transfer from equity791/2€1.74M€0▼
Transfer to equity691/2€1.93M€979k▼
To other reserves6921€1.93M€979k▼
Profit to be distributed694/7€1.74M€0▼
Return on contributions (dividend)694€1.74M€0▼
Social balance
Average headcount (FTE)90874.36.5▲
The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €142k | €179k | €194k | €200k | €352k | ▲ 76.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €105k | €136k | €273k | €363k | €426k | ▲ 17.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €26k | €6k | €12k | €3k | €0 | ▼ 100% |
| Other operating charges640/8 | €31k | €33k | €50k | €61k | €52k | ▼ 14.6% |
| Non-recurring operating charges66A | - | - | €621 | €0 | - | - |
| Gross operating margin9900 | €2.46M | €2.78M | €3.03M | €3.01M | €2.53M | ▼ 16.0% |
| Operating profit (loss)9901 | €2.16M | €2.42M | €2.50M | €2.39M | €1.70M | ▼ 28.8% |
| Financial income75/76B | €37k | €38k | €78k | €141k | €177k | ▲ 25.5% |
| Recurring financial income75 | €36k | €38k | €78k | €140k | €177k | ▲ 26.3% |
| Non-recurring financial income76B | €1k | - | - | €950 | €0 | ▼ 100% |
| Financial charges65/66B | €18k | €22k | €190k | €285k | €256k | ▼ 10.3% |
| Recurring financial charges65 | €18k | €22k | €190k | €285k | €256k | ▼ 10.3% |
| Profit (loss) for the period before taxes9903 | €2.18M | €2.44M | €2.38M | €2.24M | €1.62M | ▼ 27.7% |
| Income taxes67/77 | €630k | €785k | €591k | €737k | €454k | ▼ 38.5% |
| Profit (loss) for the period9904 | €1.55M | €1.65M | €1.79M | €1.51M | €1.17M | ▼ 22.4% |
| Transfer from tax-exempt reserves789 | €116k | €318k | €278k | €421k | €463k | ▲ 10.0% |
| Transfer to tax-exempt reserves689 | €604k | - | €526k | €0 | €653k | - |
| Profit (loss) for the period to be appropriated9905 | €1.06M | €1.97M | €1.54M | €1.93M | €979k | ▼ 49.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €11.41M | €12.65M | €20.14M | €20.95M | €22.08M | ▲ 5.4% |
| Fixed assets21/28 | €2.95M | €3.11M | €10.15M | €10.46M | €11.90M | ▲ 13.7% |
| Intangible fixed assets21 | €25k | €20k | €15k | €10k | €5k | ▼ 50.0% |
| Tangible fixed assets22/27 | €2.92M | €3.09M | €10.13M | €10.45M | €11.88M | ▲ 13.8% |
| Land and buildings22 | €1.79M | €2.04M | €9.12M | €9.44M | €10.86M | ▲ 15.1% |
| Plant, machinery and equipment23 | €7k | €4k | €33k | €26k | €78k | ▲ 200% |
| Furniture and vehicles24 | €109k | €81k | €61k | €122k | €139k | ▲ 13.6% |
| Other tangible fixed assets26 | €1.02M | €964k | €910k | €858k | €806k | ▼ 6.1% |
| Financial fixed assets28 | €935 | €935 | €8k | €8k | €8k | = |
| Current assets29/58 | €8.46M | €9.54M | €9.99M | €10.49M | €10.18M | ▼ 2.9% |
| Stocks and contracts in progress3 | €3.47M | €3.47M | €3.93M | €4.22M | €5.87M | ▲ 39.1% |
| Stocks30/36 | €3.47M | €3.47M | €3.93M | €4.22M | €5.87M | ▲ 39.1% |
| Amounts receivable within one year40/41 | €1.39M | €1.36M | €1.04M | €732k | €945k | ▲ 29.0% |
| Trade receivables40 | €1.35M | €1.35M | €1.04M | €715k | €746k | ▲ 4.3% |
| Other amounts receivable41 | €37k | €5k | €4k | €17k | €199k | ▲ 1,101% |
| Current investments50/53 | €2.77M | €2.79M | €2.84M | €3.78M | €2.66M | ▼ 29.8% |
| Cash at bank and in hand54/58 | €832k | €1.91M | €2.16M | €1.73M | €683k | ▼ 60.5% |
| Deferred charges and accrued income490/1 | €8k | €11k | €13k | €27k | €33k | ▲ 21.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €11.41M | €12.65M | €20.14M | €20.95M | €22.08M | ▲ 5.4% |
| Equity10/15 | €9.61M | €8.24M | €10.03M | €9.79M | €10.96M | ▲ 11.9% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €9.59M | €8.22M | €10.01M | €9.78M | €10.94M | ▲ 12.0% |
| Non-distributable reserves130/1 | €237k | €237k | €237k | €0 | - | - |
| Reserves not available under the articles1311 | €237k | €237k | €237k | €0 | - | - |
| Tax-exempt reserves132 | €1.50M | €1.18M | €1.43M | €1.01M | €1.20M | ▲ 18.8% |
| Distributable reserves133 | €7.86M | €6.80M | €8.35M | €8.77M | €9.75M | ▲ 11.2% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €1.80M | €4.41M | €10.11M | €11.16M | €11.12M | ▼ 0.4% |
| Amounts payable after more than one year17 | - | - | €4.22M | €3.68M | €3.14M | ▼ 14.6% |
| Financial debts170/4 | - | - | €4.22M | €3.68M | €3.14M | ▼ 14.6% |
| Amounts payable within one year42/48 | €1.79M | €4.40M | €5.84M | €7.39M | €7.97M | ▲ 7.9% |
| Current portion of amounts payable after more than one year42 | €88k | - | €539k | €539k | €539k | = |
| Trade debts44 | €130k | €152k | €169k | €0 | €318k | - |
| Suppliers440/4 | €130k | €152k | €169k | €0 | €318k | - |
| Taxes, remuneration and social security45 | €327k | €384k | €383k | €487k | €358k | ▼ 26.5% |
| Taxes450/3 | €312k | €371k | €383k | €484k | €308k | ▼ 36.4% |
| Remuneration and social security454/9 | €16k | €12k | - | €3k | €50k | ▲ 1,759% |
| Other amounts payable47/48 | €1.24M | €3.87M | €4.75M | €6.36M | €6.76M | ▲ 6.2% |
| Accrued charges and deferred income492/3 | €7k | €9k | €49k | €86k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.55M | €1.65M | €1.79M | €1.51M | €1.17M | ▼ 22.4% |
| + Depreciation and write-downs630 | €105k | €136k | €273k | €363k | €426k | ▲ 17.4% |
| Operating cash flow (approximation) | €1.65M | €1.79M | €2.07M | €1.87M | €1.59M | ▼ 14.7% |
| Investment in fixed assets (approximation) | - | €-303k | €-7.31M | €-677k | €-1.86M | ▼ 174% |
| Change in cash | - | €1.07M | €259k | €-438k | €-1.04M | ▼ 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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Equity above €10MEq €10.96M ▲11.9%
8 profitable years in a row build equity to €10.96M.
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 90 days late
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €1.79M ▲8.4%
Operating result €2.50M, net result €1.79M, both a record.
31-12
Financial
Equity above €10MEq €10.03M ▲21.8%
6 profitable years in a row build equity to €10.03M.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 23 days late
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €925k ▼16.7%
Net result drops to €925k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
6 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, Hooglede · 2 establishment units since 2001
Ground area
2.4 ha
Building footprint
6,287 m²
Volume, LiDAR
43,234 m³
2 parcels, Flanders · tallest building 19.6 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
DEVOOGHT
since 20012.093.183.982
DEVOOGHT
since 20242.355.639.555
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33305B1021/00E002 | Flanders | 2.2 ha | 1 · 4,152 m² | 19.6 m · 3 fl. |
| 36006A0865/00A002 | Flanders | 1,605 m² | 1 · 2,135 m² | 10.9 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 2,912 EUR awarded · 2,912 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 230 EUR | 230 EUR |
| 2024 | 1 | 2,307 EUR | 2,307 EUR |
| 2022 | 1 | 375 EUR | 375 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
894500K4FUVEKP352W45
Similar companies · same sector, comparable size
DE BONTE INTERNATIONAL
BE 0808.574.578
Waasmunster · Eq €10,957,470
Lamo
BE 0414.811.293
Wingene · Eq €10,932,752
LAMBERT & F. -D.
BE 0473.161.743
Chièvres · Eq €10,928,717
Metaalwaren Claerbout
BE 0432.826.965
Hooglede · Eq €11,028,115
Bouwmaterialen Van Pelt
BE 0403.750.523
Zoersel · Eq €10,840,148
Of 1,804 companies in sector 46831 we hold annual accounts for 1,397. 499 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-04-2001
Fiscal year end31-12
Activities, NACEBEL 2025
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
Contact
E-mail
hooglede@devoplast.comHooglede
Scores and ratios are computed by Checked and are not a credit decision.